The present value of Jessica's insurance policy that pays an annual annuity of $520 at the end of each year for a total of 7 consecutive years starting at end of year 3 is $2694.91.
We are given the following data:
Annual annuity payment, A = $520
Number of payments, n = 7
Interest rate, r = 6%
First payment will not be made until the end of year 3. So, the first annuity payment at the end of year 3 would be the present value of the remaining 4 annuity payments.
To determine the present value of Jessica's policy, we will use the formula for the present value of an annuity. Present value of an annuity = A x (1 - (1 + r)^-n) / r
After substituting the given values in the above formula, we get:
Present value of 4-year annuity = $520 x (1 - (1 + 6%)^-4) / 6%
Present value of 4-year annuity = $520 x (1 - 0.7921) / 0.06
Present value of 4-year annuity = $2257.29
We will now calculate the present value of the first three years of the annuity.
Present value of $1 due n years hence = 1 / (1 + r)^n
Present value of $520 due 3 years hence = 520 x 1 / (1 + 6%)^3
Present value of $520 due 3 years hence = $437.62
Total present value of Jessica's policy = $2257.29 + $437.62 = $2694.91
Therefore, the present value of the policy is $2694.91.
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What affects your credit score most?
Your payment history is one of the most important credit scoring factors and can have the biggest impact on your scores. Having a long history of on-time payments is best for your credit scores.
How long does late payments stay on credit report?Your credit report may contain late payments for up to seven years. They have the potential to lower your credit score, but the impact wears off over time.
However, not all late payments are recorded in your payment history.
The credit card company may charge you a late fee if you pay a bill with a credit card after the due date rather than on time, but your credit won't be harmed.
If the payment is more than 30 days overdue, the circumstance is different.
The impact on your credit ratings in this situation is determined by how long your account was past due before you made a payment. Thus, a payment that is 60 days overdue will do additional damage.
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what are additional features of the ikea concept (beyond its design process) that contribute to creating exceptional value for the customer?
IKEA is a world-renowned furniture company that specializes in a range of goods, including furniture, mattresses, kitchenware, lighting, and textiles. IKEA is known for its minimalist yet elegant style, which is well-known throughout the world.What are additional features of the IKEA concept (beyond its design process) that contribute to creating exceptional value for the customer
IKEA is an excellent example of a company that uses a low-cost strategy to provide its consumers with high-quality goods at a reasonable price. However, IKEA's low-cost strategy goes beyond the product's design process to include a variety of other components that add to the customer's experience.The following are some of the additional features of the IKEA concept that contribute to creating exceptional value for the customer:Innovative design that is user-friendly: IKEA's designers create furniture that is both beautiful and user-friendly. The products are intended to be simple to construct and use, making them more accessible to a larger number of consumers.A huge range of products: IKEA has a vast range of goods, including everything from bedding to lighting, making it a one-stop-shop for customers. This eliminates the need for customers to go to different shops to get what they need.Cost-effective logistics: IKEA has a well-designed logistics network that allows it to transport products from its warehouses to its retail locations with ease. This guarantees that the products are available to the consumers at the lowest possible price.IKEA's philosophy of simplicity and cost-effectiveness has helped it to become a market leader in the furniture industry. IKEA's consumers get high-quality goods at a reasonable price thanks to the combination of these factors.
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Soda companies are worried because sales have fallen flat. People today are more concerned about their sugar intake and want to be healthier. This reflects a change in
6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
If your answer is zero, enter "O". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $2,340 a month until their daughter is 18 years of age. At that time, the required payments are reduced to $1,638 per month 1. How much of each $2,340 payment may be deducted as alimony by Joan? 2. How much of each $2,340 payment must be included in Bill's taxable income? 3. How much would be deductible/included if the divorce agreement were dated 2019? b. Under the terms of a property settlement executed during 2018, Jane transferred property worth $577,350 to her ex-husband, Tom. The property has a tax basis to Jane of $461,880 1. How much taxable gain must be recognized by Jane at the time of the transfer? 2. What is the amount of Tom's tax basis in the property he received from Jane?
Answer:
$2,400 in 2019 are deductible as alimony.
Step-by-step explanation:
Hillary get divorced in the year = 2016
She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.
His son will reach of the age of 18 = 2016 + 7 = 2023
She has to pay $200 till 2023 and $120 thereafter.
Her payments are deductible as alimony in 2019 would be = $200 × 12
= $2,400
$2,400 in 2019 are deductible as alimony.
$2,400 in 2019 are deductible as alimony.
Hillary get divorced in the year = 2016
She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.
His son will reach of the age of 18 = 2016 + 7 = 2023
She has to pay $200 till 2023 and $120 thereafter.
Her payments are deductible as alimony in 2019 would be = $200 × 12 = $2,400
What is an alimony?Alimony is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce. The obligation arises from the divorce law or family law of each country. The purpose of alimony is to limit any unfair economic effects of a divorce by providing a continuing income to a non-wage-earning or lower-wage-earning spouse.
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The equilibrium quantity in markets characterized by oligopoly is:
It should be noted that equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.
An oligopoly can be regarded as a market which posses a small number of firms, and these firms posses some interdependency as regards the pricing and output policies.
The equilibrium quantity in markets as regards oligopoly is different from Monopoly because the equilibrium here is usually high.
Therefore, in oligopoly equilibrium quantity in markets is usually more compare with monopoly markets.
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Discuss the concept of supply chain integration. How does it result in better customer-related outcomes?
Answer: Supply chain integration is a cooperation between the traders and the producers of goods and services.
Explanation:
It includes members belonging to various department in an organization which can provide solutions to clients claims and demands. This includes client relationship integration, technology and production integration, internal operations, supply chain and marketing integration. All these departments are inter-related and this involves distribution of work in an hierarchy which ensures that no extra work load fall on the same employee or employees of the same department. Also this relationship help customers to seek what they want by collaborating efforts of the team in organization.
Which of the following costs is NOT a relevant cost for a one-time special order decision? Assume idle capacity exists to the extent of special order.direct manufacturing labor costsDirect material costsVariable manufacturing overhead costVariable marketing costs
The cost that is not a relevant cost for a one-time special order decision is the variable marketing costs. The correct option is variable marketing costs.
This is because marketing costs are not directly related to the production of the special order product, but instead are focused on promoting and selling products to customers. Therefore, these costs would not change based on whether or not the special order is accepted.
On the other hand, direct manufacturing labor costs, direct material costs, and variable manufacturing overhead costs are all relevant costs for a one-time special order decision because they are directly related to the production of the special order product. These costs would change based on whether or not the special order is accepted and would need to be taken into consideration when determining the profitability of the special order.
It is important for businesses to carefully evaluate all relevant costs when making one time special order decisions in order to ensure that they are making a profitable and informed decision. The correct option is variable marketing costs.
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Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Her job is best described as a(n):
Clarence is an independent worker who offers his pervices to many different farms. He teaches farmers how to run their farms more efficiently and safely. Clarence's job is best described as a(n):
Leon hires and manages workers who handpick oranges and other fruits on farms. He trains and oversees the
workers. Leon's job is best described as a(n):
The choice are:
Buyer or Purchasing Agent, Farm Labor Contractor, Food Scientist, Farm Management Adviser
Answer:
1) Food scientist
2) Farm management advisor
3) Farm labor contractor
Explanation:
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Case study:
Keto Foods is a shop/restaurant that cater to people who are on diet by preparing their meal according to the required calaries to attain a particular weight. Ms Therese is the manager of this shop/restaurant and takes charge also of the supplies and raw materials. Monthly, they will need 300 food boxes whose price is BD 0.150. Ms Therese continuous to order 4x in a year with a quantity of 900 boxes per order. The cost of ordering from supplier is Bd10.50 while the cost to keep the boxes in good condition is BD 2.5.
Ms. Ulah, who is the the newly hired Supply Chain Head objects the practice that is being done by Ms Therese when it comes to ordering the food boxes. Ms. Ulah is suggesting to use the economic order quantity as per inventory model to reduce the cost.
Questions.
1. What is the total cost if the practice which Ms Therese wants will be followed? ( C8)
Total Cost = 3 pts
2. Compare the Frequency of Order and Length of Cycle using Ms Therese and Ms Ulah’s approaches to this inventory. ( C8 )
Frequency of Order = 3 pts , Length of Cycle = 3 pts , Total Pts = 12 pts
3. Will you agree with the suggestion of Ms. Ulah ? Prove your answer. ( C4 )
EOQ = 2 pts, Total Cost = 3 pts
4. Which approach will you finally recommend to be used by Keto Foods? Explain your answer. ( C4 )
5 pts
1. The total cost if Ms. Therese's practice is followed is BD 9,042. 2. The frequency of order is approximately 29.27 times per year, and the length of the cycle is approximately 0.034 years.
3. The total cost using EOQ is BD 9,306.10, which is lower than the total cost with Ms. Therese's practice (BD 9,042). 4. Keto Foods adopts Ms. Ulah's approach and uses the economic order quantity (EOQ) to manage their inventory.
How did we get the values?To answer the questions, let's calculate the total cost for both approaches and compare the frequency of orders and length of cycles.
1. Total cost if Ms. Therese's practice is followed:
The cost of ordering from the supplier is BD 10.50 per order.
The cost to keep the boxes in good condition is BD 2.5 per box per year.
The total number of boxes required in a year is 300 boxes per month × 12 months = 3,600 boxes.
Total ordering cost = Cost per order × Number of orders per year
= BD 10.50 × 4
= BD 42
Total carrying cost = Cost per box per year × Number of boxes per year
= BD 2.5 × 3,600
= BD 9,000
Total cost = Total ordering cost + Total carrying cost
= BD 42 + BD 9,000
= BD 9,042
Therefore, the total cost if Ms. Therese's practice is followed is BD 9,042.
2. Comparison of Frequency of Order and Length of Cycle:
Ms. Therese's approach:
Frequency of Order = 4 orders per year
Length of Cycle = 1 year
Ms. Ulah's approach (EOQ - Economic Order Quantity):
EOQ is a formula that calculates the optimal order quantity to minimize the total cost. It is given by the formula:
EOQ = √[(2 × Annual Demand × Cost per Order) / Holding Cost per Unit]
Given:
Annual Demand = 3,600 boxes
Cost per Order = BD 10.50
Holding Cost per Unit = BD 2.5
Calculating EOQ:
EOQ = √[(2 × 3,600 × 10.50) / 2.5]
≈ √15,120
≈ 123
Frequency of Order = Annual Demand / EOQ
= 3,600 / 123
≈ 29.27 (approx.)
Length of Cycle = 1 year / Frequency of Order
≈ 1 year / 29.27
≈ 0.034 (approx.)
Therefore, using Ms. Ulah's approach, the frequency of order is approximately 29.27 times per year, and the length of the cycle is approximately 0.034 years.
3. Agreement with Ms. Ulah's suggestion:
Ms. Ulah's suggestion to use the economic order quantity (EOQ) is valid. EOQ is a widely accepted inventory management model that helps in reducing costs by optimizing the order quantity. It considers both the ordering cost and carrying cost to find the optimal order size that minimizes the total cost.
To prove the effectiveness of EOQ, we can calculate the total cost using EOQ:
Total ordering cost = Cost per order × Number of orders per year
= BD 10.50 × (Annual Demand / EOQ)
= BD 10.50 × (3,600 / 123)
≈ BD 306.10
Total carrying cost = Cost per box per year × Number of boxes per year
= BD 2.5 × 3,600
= BD 9,000
Total cost = Total ordering cost + Total carrying cost
= BD 306.10 + BD 9,000
= BD 9,306.10
Therefore, the total cost using EOQ is BD 9,306.10, which is lower than the total cost with Ms. Therese's practice (BD 9,042).
4. Recommendation for Keto Foods:
Based on the calculations, it is recommended that Keto Foods adopts Ms. Ulah's approach and uses the economic order quantity (EOQ) to manage their inventory. By using EOQ, they can reduce their total cost to BD 9,306.10, which is lower than the total cost with Ms. Therese's practice. This approach optimizes the order quantity, balancing the ordering cost and carrying cost, leading to more efficient inventory management and cost savings for the company.
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Question 2
A. Critically assess the role of each branch of the Jamaican government. (15 marks)
B. Explain the changes that would be required in order to make the structure of the Jamaican government more consistent with the doctrine of the separation of powers. (5 marks)
In order to make the structure of the Jamaican government more consistent with the doctrine of the separation of powers, several changes are required.
The following are some of the changes:
1. Separation of the powers-The Jamaican government should strictly follow the doctrine of separation of powers. All the three branches of the government, which include the judiciary, executive, and legislative, should work independently to avoid overlapping of roles. The separation of powers will prevent the abuse of power.
2. The appointment of judges-Judges in the Jamaican government should be appointed through a process that is transparent and objective. Judges should be appointed based on their qualifications and not political affiliations.
3. Creation of checks and balances-The government should create a system of checks and balances to prevent any branch from having excessive power. Each branch should have a check on the other two branches.
4. Proper budgetary allocation-The government should provide proper budgetary allocation for each branch of the government. The budgetary allocation should be based on the role of each branch.
5. Non-interference by the executive-The executive branch should not interfere with the workings of the judiciary. This will prevent the executive from influencing the judiciary decisions.
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Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answer:
The chart is placed in a database with five groups.
Hope this helped.
jason works at a bottling plant for a soft drink company. he is part of a labor union, along with his co-workers. after the plant's management and the labor union fail to agree on contract terms, the union uses picketing and advertising to ask its members and the public not to buy the company's products. this scenario best describes
This scenario best describes as Boycott.
A boycott is an act of nonviolent, voluntary abstention from a product, individual, organization, or u . S . As an expression of protest. It's also for ethical, social, political, or environmental reasons. The purpose of a boycott is to inflict a few economic loss at the goal, or to suggest a ethical outrage, to attempt to compel the goal to alter an objectionable behavior. The phrase is named after Captain Charles Boycott, agent of an absentee landlord in eire, against whom the method became efficiently hired after a suggestion with the aid of Irish nationalist chief Charles Stewart Parnell and his Irish Land League in 1880.
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PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
A firm's demand for labor is derived in part from Group of answer choices the value of the firm's stock price. the firm's sunk costs. consumer demand for the firm's product. worker preferences for jobs. the level of monthly union dues.
Answer:
consumer demand for the firm's product.
Explanation:
Derived demand is demand for a good or service as a result of the demand for another good and service. The demand for labour and factors of production is an example of a derived demand.
In order to produce a good or service, there is need for factors of production. Labour is one of the factors of production. Goods would only be produced as a result of people demanding for the good. If there is no demand for a good, firms would not produce the good and as a result there would be no need to demand for labour to help in producing the good
A market situation in which there is only one buyer with many sellers of a particular product is known as:________
A marketplace state of affairs wherein there's only one customer with many sellers of a particular product is called: monopsony.
Monopsony, in economic theory, marketplace state of affairs wherein there's most effective one consumer. An example of a pure monopsony is a company this is the only customer of labor in a remoted city. the sort of firm is capable of pay decrease wages than it'd beneath the competition.
The traditional instance of a monopsony is an employer coal town, in which the coal company acts as the sole corporation and therefore the sole consumer of hard work within the town. Now, why ought we care approximately this? The monopsony energy of the coal agency allows it to set wages underneath the productiveness of its workers.
In economics jargon, Amazon isn't, as a minimum to this point, performing like a monopolist, a dominant dealer with the energy to raise fees. as a substitute, it's far performing as a monopsonist, a dominant buyer with the strength to push charges down.
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name four commercial services which are useful to a manufacturer
assume the beta for the stock market in general is 1.0 and the beta for world-wide television productions is 2.4. if the stock market increases in value by 10 percent, what is the expected increase in value for the world-wide productions stock? group of answer choices 14 percent 48 percent 24 percent 20 percent 12 percent
24 percent, Assume that World-Wide Television Productions' beta is 2.4 and that the beta for the stock market as a whole is 1.0. The predicted rise in value for the World-Wide Productions shares is 24% if the stock market appreciates by 10%.
Consider the stock market as a network of stock exchanges where investors and traders may buy and sell shares of publicly listed corporations. This is a simple way to think about the stock market. A procedure known as an initial public offering allows private firms to list shares of their stock on a market (IPO). The investment includes real-time trading of the stocks of the firms, making it also referred to as a "stock market." Primary and secondary stock markets are two different categories. Please be aware that it only deals in shares, whereas the stock market deals in bonds, derivatives, and foreign exchange, and that both markets operate in different ways.
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با ما
Outline two reasons why a business such as AEC could not be
Successful without other firms providing natural resources
Answer:
Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.
Explanation:
The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.
The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.
An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building
The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.
What is Economic Development?In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.
The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.
Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.
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for most products and services, distribution activities account for over nearly 100 percent of the cost of marketing. true or false
False.
Distribution activities typically account for a significant portion of the cost of marketing, but they do not usually account for nearly 100 percent of the cost. The cost of marketing includes various components such as product development, advertising and promotion, salesforce expenses, market research, and distribution.
While distribution costs can be substantial, especially for products with complex supply chains or extensive logistics requirements, they are not typically the sole or overwhelming majority of the total marketing cost. Other marketing activities, such as advertising and promotion, play significant roles in reaching the target audience, creating brand awareness, and generating sales. The cost allocation among these different marketing activities can vary depending on the nature of the product, industry dynamics, and marketing strategies employed by the company.
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difference between associative and commutative property
Answer:
The associative property of addition states that you can group the addends in different ways without changing the outcome. The commutative property of addition states that you can reorder the addends without changing the outcome.
Explanation:
The market system depends on private property and the protection of property rights to:.
Answer:
provide an incentive to maintain property and allow for the orderly transfer of property ownership
When establishing an ad campaign in a foreign country, what does the difference in currency exchange rate affect the most?
A)the cost structure of the ad campaign
B)the creative strategy of the ad
C)media used for the advertisement
D)the company’s brand name
Answer:
Option A. The cost structure of the ad campaign
Explanation:
The reason is that the currency exchange rate effects the transactions of money from home to foreign or foreign country to home country. So the option with money transaction is option A.
The rest of the options are planning and are things that are not associated with the foreign transactions. So the remainder options are not the one which will be effected by the currency exchange rate.
Answer: A. The cost structure of the ad campaign
Explanation:
A market ____ analyst studies prevailing market trends and forecasts potential sales for a product.?
Explanation:
A market ____ analyst studies prevailing market trends and forecasts potential sales for a product.?
TRUE / FALSE. the interest of the director and intended audience, along with the capability of the director and producer to conceptualize and produce the play, are all criteria for play selection.
True. The interest of the director and intended audience, along with the capability of the director and producer to conceptualize and produce the play, are essential criteria for the play selection is the correct statement.
The statement is true, as the interest of the director and intended audience, along with the director's and producer's capabilities, are all vital criteria for selecting a play. The director's interest is crucial because it ensures they are invested in the project and can effectively bring the play to life. Similarly, considering the intended audience ensures that the play will resonate with its target demographic, creating a successful production.
The director's and producer's abilities to conceptualize and produce the play are also essential factors. Their creative vision, combined with their skills in execution, directly impacts the final product's quality. Selecting a play that aligns with their strengths will result in a more cohesive and engaging performance. In conclusion, these criteria are necessary to ensure a play's success and to create a memorable experience for the audience.
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Define the term lifestyle and explain the kind of lifestyle you would like in your future. Then, discuss how work affects
lifestyle.
Answer:
the way in which a person or group lives.
Explanation:
ME working out alot and bieng very fit and It wouldnt effect my lifestyle it would actually help me cause i would live longer and be healthy
The term lifestyle refers to the habits and practices that define the life of a person, which also involves his/her work.
What is lifestyle?Lifestyle can be defined as the set of attitudes and patterns used in a routine and define the life of an individual.
Lifestyle can affect work because it is directly associated with the health and well-being of an individual.In conclusion, the term lifestyle refers to the habits and practices that define the life of a person, which also involves his/her work.
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