Management is defined as the pursuit of organizational goals.
Answers
Management is a process of pursuing and achieving organizational goals with the help of available resources such as human resources, financial resources, technological resources, and natural resources.
Management is a process of pursuing and achieving organizational goals with the help of available resources such as human resources, financial resources, technological resources, and natural resources. It is the art of getting things done with the assistance of others in order to attain organizational objectives.
Management is a set of activities that involve planning, organizing, directing, and controlling resources in order to accomplish organizational goals. The main objective of management is to get things done in an efficient and effective manner. Efficiency refers to the accomplishment of objectives with minimum resources, whereas effectiveness refers to the accomplishment of objectives with maximum results.
The function of management includes planning, organizing, directing, and controlling.
Planning is the process of determining organizational goals and the best means of achieving them.
Organizing is the process of determining the structure of the organization, assigning duties and responsibilities, and delegating authority.
Directing is the process of leading, motivating, and communicating with subordinates in order to achieve organizational goals.
Controlling is the process of monitoring and measuring performance, comparing it with the established standards, and taking corrective action if necessary.
In conclusion, management is a process of pursuing and achieving organizational goals with the help of available resources such as human resources, financial resources, technological resources, and natural resources. It involves the functions of planning, organizing, directing, and controlling, with the aim of getting things done efficiently and effectively.
Learn more about Management: https://brainly.com/question/32012153
#SPJ11
Related Questions
Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answers
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
differentiate between
Alkali metals and halogens
Halogens and inert gases.
Answers
The following cost behavior pattern describes anticipated manufacturing overhead costs for 2019: $309,600 + $9.2/unit. During the year, 36,000 units were produced and 33,700 units were sold.
Required:
a-1. Calculate the manufacturing overhead unit cost for 2019 using variable costing and absorption costing. (Enter your answer rounded to 2 decimal places.)
Variable Costing Absorption Costing
Unit Cost a-2. Calculate the difference in operating income for 2019 using variable costing versus absorption costing. (Round your intermediate values to 2 decimal places. Enter your answer as positive value.)
Difference
Answers
The manufacturing overhead cost pattern for 2019 is $309,600 plus $9.2 per unit. In 2019, 36,000 units were made and 33,700 units were sold.
Variable CostingThe manufacturing overhead unit cost for 2019 using variable costing is obtained by adding the variable costs per unit to the fixed overhead costs. The variable cost per unit is the manufacturing overhead unit cost minus the fixed cost per unit:Manufacturing overhead unit cost = $9.2 per unit + $309,600 / 36,000 unitsAbsorption costing includes all the manufacturing costs, including fixed overhead costs, in the cost of production.
The difference in operating income is the fixed overhead cost that was not allocated to the cost of goods sold under variable costing:Difference in Operating Income = Fixed manufacturing overhead cost per unit x (Units produced - Units sold)Difference in Operating Income = $0.72 per unit x (36,000 - 33,700)Difference in Operating Income = $1,654.40Therefore, the Variable Costing and Absorption Costing are:Variable Costing = $17.08 per unitAbsorption Costing = $17.80 per unitThe Difference in Operating Income using variable costing versus absorption costing is $1,654.40.
Learn more about manufacturing overhead costs here:https://brainly.com/question/26454135
#SPJ11
Project: Privacy Issues
Assignment Directions:
Go to www.cdt.org and find its privacy policy. Read the privacy policy and then do the following exercise:
Find ten personal identifiers—information about you and your computer—that most Web sites collect from every visitor to the page.
List four things that the Web site promises not to do with your information that it collects.
BONUS: Identify which act can be used to compel the Web site to give your personal identifying information.
Answers
After reading the privacy policy on cdt.org, ten personal identifiers that most websites collect from every visitor to the page are: 1. IP address, 2. Browser type and version, 3. Operating system, 4. Device type, 5. Referring website, 6. Pages visited, 7. Search terms used, 8. Time and date of visit.
Personal identifiers are pieces of information that can be used to identify an individual. Websites often collect these types of information from visitors to their site in order to improve user experience or to target ads. The ten personal identifiers listed above are some of the most common pieces of information that websites collect from visitors.
The privacy policy on cdt.org promises not to do the following with the information it collects from visitors:
1. Sell or rent personal information to third parties
2. Share personal information with third parties for marketing purposes
3. Use personal information for any purpose other than providing requested services
4. Store personal information for longer than necessary
The act that can be used to compel the Web site to give your personal identifying information is the Electronic Communications Privacy Act (ECPA). This act provides privacy protections for electronic communications and allows individuals to access their own electronic communications, as well as request that companies provide them with any personal identifying information that has been collected.
Ten personal identifiers most websites collect from every visitor are:
1. IP address
2. Browser type and version
3. Operating system
4. Date and time of visit
5. Referring/exit pages
6. Clickstream data (pages viewed, time spent on each page)
7. Cookies
8. Location data
9. Device information (e.g., mobile device ID)
10. User's interaction with the website (e.g., search queries, clicks)
Four things the website promises not to do with the information collected are:
1. Not sell or rent personal information to third parties
2. Not share personal information with third parties for their direct marketing purposes
3. Not use personal information for purposes other than those for which it was provided
4. Not disclose personal information to third parties, except under certain circumstances (e.g., when required by law, with user consent, etc.)
To Know more about IP address,
https://brainly.com/question/31026862
#SPJ11
What type of relationship exists between interest rates and aggregate spending?
There is a(n) ______ relationship between interest rates and aggregate spending. When interest rates ______, aggregate spending decreases.
Answers
Answer:
mark brainlest
Explanation:
Higher real interest rates reduces aggregate expenditure by increasing the cost of loans while increasing the earnings from savings. Both factors reduce expenditures by reducing consumption and investments, and therefore, aggregate expenditure.
What is the best way to avoid botulism in food handling
Answers
Answer:
To prevent foodborne botulism: Use approved heat processes for commercially and home-canned foods (i.e., pressure-can low-acid foods such as corn or green beans
Explanation:
A certain country has a balanced economy. this has led to more tax revenue for the government. what is most likely the fiscal policy stance that this government takes?
Answers
Most likely, this administration's attitude on fiscal policy is neutral. A certain nation has a well-balanced economy. The government now receives more tax money as a result of this.
How does a balanced economy work?
A balanced economy is one that features long-term, sustainable growth and development across all sectors. There are several characteristics of an economy that is in balance. Low inflation helps to prevent the economy from experiencing an unsustainable boom and bust cycle. Unbalanced growth implies the creation of discord, inconsistency, and unrest while balanced growth strives for harmony, consistency, and equilibrium. Balanced growth must be implemented with a significant investment in capital.
To know more about fiscal policy, click here https://brainly.com/question/27250647
#SPJ4
A _________ was a tax charged to voters as a prerequisite for registration.
a. Registration tax
b. Voter tax
c. Registration fee
d. Poll tax
e. Ballot fee
Answers
The answer is (d) poll tax. A poll tax is a tax charged to voters as a prerequisite for registration. It is a regressive tax, meaning that it disproportionately affects the poor.
Poll taxes have been used throughout history to disenfranchise minority voters, especially African Americans. In the United States, poll taxes were used in Southern states to prevent African Americans from voting. The Twenty-fourth Amendment to the U.S. Constitution, ratified in 1964, prohibited poll taxes in federal elections. However, poll taxes were still used in some states for state and local elections until the 1960s.
Here are some additional details about poll taxes:
Poll taxes were first used in England in the 14th century.
They were used in the United States from the 17th century to the 1960s.
Poll taxes were often used to disenfranchise minority voters, especially African Americans.
The Twenty-fourth Amendment to the U.S. Constitution prohibited poll taxes in federal elections in 1964.
Poll taxes were still used in some states for state and local elections until the 1960s.
learn more about poll tax here:
https://brainly.com/question/10271507
#SPJ11
I need HELP!!!!!!!!!!
Answers
Explanation:
explanation: a SDS is usually written by the manufacturer or supplier of the product.
A system maintenance activity generated in response to changes in the business environment is referred to as corrective maintenance
Answers
A system maintenance activity generated in response to changes in the business environment is referred to as corrective maintenance. The statement is true.
The type of maintenance work known as "corrective maintenance" consists of actions that are done to fix and improve broken systems and machinery. Corrective maintenance is performed in order to fix damaged systems. Breakdown or reactive maintenance can both be considered forms of corrective maintenance.
At the context of maintenance services in a workplace, apartment building, or manufacturing facility, corrective maintenance plays a significant role. Technicians that can detect and recognize potential issues before they develop into emergencies may save the business a lot of money. Companies must teach and educate maintenance managers and personnel about the kinds of things to check for while delivering preventative or emergency maintenance services in order to optimize the advantages of corrective maintenance.
Learn more about System Maintenance here:
https://brainly.com/question/13484623
#SPJ4
Economic theories and principles are important and useful. Our clients may not understand them like we do. When they encounter a real estate problem, they might not see the whole picture. The textbook contains these theories and principles, but it does not teach us how to apply them. In this exercise, we will try to apply the knowledge in chapter three. As real estate agents, some of the fundamental roles are to keep clients informed, answer their questions about business, and deal with them in a professional manner. To accomplish this, we are going to write a business letter to a fictitious client. Task. First, set up a fictitious client and his or her economic situation. Then write a client letter using 3 to 5 concepts, theories, principles or vocabularies in chapter 2. Possible situations: - Buyer could not get financing, seller blames you - Seller blames you for house being on the market too long - Seller blames you for low offers - Buyer blames you for offer rejected - Friend/potential seller asks you when is a good time to sell - Friend/potential buyer asks you when is a good time to buy Length: 3/4 page minimum.
Answers
A client letter is a written message that a company or service provider sends to their customers. It is a formal method of communication used to share information, respond to inquiries, give updates, or provide suggestions for problems with clients.
[Your Name]
[Your Real Estate Agency]
[Address]
[City, State, ZIP Code]
[Date]
[Client's Name]
[Client's Address]
[City, State, ZIP Code]
Dear [Client's Name],
I hope you are doing well as I write this. I wanted to take this chance to talk to you about the recent difficulties you have had in the real estate market. As your devoted real estate agent, I am aware that understanding the market's complexities can occasionally feel overwhelming, but I want to reassure you that I am here to support you at every step of the way.
First, I want to address the circumstance in which the seller blamed our agency because the buyer was unable to obtain financing. It is crucial to understand that real estate transactions include a number of parties and outside variables that are out of our control. The buyer's financing issue in this instance can have developed as a result of different economic variables, like fluctuations in interest rates or tightened lending criteria. These fluctuations in the economic landscape can impact a buyer's ability to secure financing.
In addition, I want to address the seller's fear about the house staying on the market for a long time. The dynamics of supply and demand, the state of the economy, and buyer preferences all have an impact on the real estate market. It's crucial to recognize that not just our efforts as real estate agents affect how long a home stays on the market. Instead, it is a reflection of the property's particular qualities and the state of the market. You may be confident that I will use smart marketing tactics to increase visibility and draw in new customers.
When a seller is unsatisfied with the offers they have received, it is crucial to take the market and pricing methods into account. Real estate markets change, and elements like location, amenities, and recent sales data can have an impact on a property's value. We can offer precise pricing advice by using comparative market analysis and remaining current with industry developments. I'm here to talk with you about these factors and to answer any questions you might have.
Last but not least, I sincerely appreciate your confidence in me as a friend and prospective buyer or seller. Timing the real estate market can be difficult, and it takes a thorough knowledge of economic theory and regional market dynamics. When is the best time to buy or sell a house depends on a number of variables, including interest rates, market demand, and housing inventory levels. I am committed to remaining current with market information.
I'd want to emphasise my dedication to professionalism, openness, and giving you the best help possible while you navigate the real estate market in closing. I am aware that real estate transactions can be complicated, and it is my responsibility as your agent to help you, respond to your worries, and make sure your interests are adequately represented.
Please don't hesitate to get in touch with me if you have any more queries or need more details. I appreciate your confidence in my abilities.
Warm regards,
[Your Name]
[Your Real Estate Agency]
[Contact Information]
To know more about client letter,
https://brainly.com/question/28488682
#SPJ4
A company purchased new equipment for $12,000 and sold old equipment for $2,500. This would result in a net cash outflow from operating activities. inflow from investing activities. outflow from investing activities. inflow from financing activities.
Answers
A company purchased new equipment for $12,000 and sold old equipment for $2,500. This would result in a net cash outflow from investing activities. Operating activities are the primary business activities that generate revenue.
Cash flows from operating activities, such as cash receipts from customers, interest received, and dividends received, reflect a company's core business operations. Investing activities are secondary to the primary business activities. Cash flows from investing activities reflect the purchases or sales of long-term assets such as property, equipment, or securities. Purchases of property and equipment, investments in securities, and the sale of long-term assets are examples of investing activities.As per the given scenario, the company purchased new equipment for $12,000 and sold old equipment for $2,500.This would result in a net cash outflow from investing activities. Therefore, the correct option is the outflow from investing activities.
To learn more about Investing activities, visit here
https://brainly.com/question/13078760
#SPJ11
If you are paid according to a rate of $15 per hour, what is your type of payment? a. commission b. salary c. wage d. pension
Answers
If you are paid according to a rate of $15 per hour, The type of payment is commission.
The sales industry commission structure describes how a company rewards its sales force. There are different types of sales commission structures that bring different levels of rewards. Commissions can be paid weekly, fortnightly, or monthly.
Sales commissions are an important part of sales compensation. This is the amount a seller earns based on the number of sales. This is often extra money to supplement your standard salary.
Commission to motivate employees, increase productivity, generate more sales and attract customers. Sales and marketing jobs in many industries such as B. Automotive and real estate typically offer commission-based coverage.
Learn more about Commission https://brainly.com/question/957886
#SPJ4
Answer:
c
Explanation:
edge 2023
In 2017, being "born global" is a must for fledgling businesses. Doing so is easier than you think, says Suranga Herath, CEO of English Tea Shop. onventional wisdom says that a business should get its domestic ducks in a row, before venturing overseas. But in the digital age, a new generation of businesses is making a strong case for nearly all new businesses to be "born global", that is, have an immediate focus on the international stage. The arguments for exporting are well known: it can increase the prestige of your brand and can allow you to tap into unexploited economies[1]. My argument is therefore: with all the benefits that going global offers...why wait...Why not be born global? Being born global is easier than you think Being born global may seem radical, but can be much, much simpler than many think. For me, being born global isn't necessarily about having offices and employees overseas, or prioritising the international side of things although it can be. In its purest sense, being born global is a mindset where businesses seek international opportunities from the very beginning. Cutting to the chase - how being born global accelerates growth The benefits of being born global can be profound - take my business English Tea Shop as an example. Launching in 2010, we set out creating a brand we knew would resonate with global audiences. Indeed, the UK didn't become a focus for us until 2012. While domestic sales now account for around a third of our UK business, an immediate international outlook allowed us to grow very rapidly. We're now in 50 markets around the world. In short, there's no way we would have achieved this kind of scale if we'd had a domestic-first approach. Should your business be born global? I believe almost any business could in some way be born global. But there are a number of factors to consider when asking whether it's right for your business. Language and cultural barriers, logistics, market knowledge, manpower are all very valid reasons why businesses refrain from going global. But to my mind, if managed practically, the potential challenges are completely outweighed by the potential gains. This is particularly true when you consider the direction the world is moving in - that is, by and large, closer together. In particular, developing markets are where businesses can find the fastest growth and if you're not international, you're not in the game. With that in mind, and from my own experience here are five insights to help a fledgling business be born global: However big or small, include an international element in your business plan. This will focus your mind on the opportunities that lie overseas. It may be the core of your strategy, or just something you'd like to explore in the future, but make sure it's there. Start - but don't stick - with what you know. Maybe you've spotted a niche in a certain market, maybe you speak a language, maybe you have relatives living overseas. In some cases it may be appropriate to start your international journey there. However, keep an open mind - there's a whole world of opportunity out there. Find the right balance. The optimum split between domestic and international differs from business to business. English Tea Shop started off being 100% international but we've now dialled it back to being about 70/30. We're entering new markets all the time and we think it's vital to maintain a sense of agility. Use external resources. Logistics providers, UKTI, small business media - there's a whole wealth of information out there to support and guide you from the very beginning. If there are any areas of expertise or practical knowledge you feel you're lacking, you can be sure help is there for those who ask for it. Be ready for the rush. If all goes to plan, your business will grow rapidly - and for this reason you should make sure you have a solid infrastructure in place if things suddenly explode.
Answers
Being "born global" is a mindset where businesses seek international opportunities from the very beginning. It is much, 3SPJmuch simpler than many think and can accelerate growth. It is a must for fledgling businesses in 2017.
The advantages of being born global can be profound. Being born global is a mindset where businesses seek international opportunities from the very beginning. In its purest sense, being born global is a mindset where businesses seek international opportunities from the very beginning. The benefits of being born global can be profound.
In particular, developing markets are where businesses can find the fastest growth. Language and cultural barriers, logistics, market knowledge, manpower are all very valid reasons why businesses refrain from going global.However, if managed practically, the potential challenges are completely outweighed by the potential gains. It is much, much simpler than many think and can accelerate growth. If you're not international, you're not in the game.
learn more about born global click the link
https://brainly.com/question/28318131?referrer=searchResults
#SPJ11
when entering an available date prior to the start date on the rent roll tab, ae assumes_______________________________.
Answers
When entering an available date prior to the start date on the rent roll tab, ae assumes Start date.
The office/retail/industrial rent roll will be used in-depth in this walkthrough, the second in the series (see ORI-RR Tab). In the All-in-One model, the rent roll tab is arguably both the most significant and complicated tab. We have included a video of the walkthrough and a brief summary of this tab's main features below.We're creating a series of walkthrough videos and posts on the methodology underlying the different components of the model in an effort to better explain how to use our All-in-One Underwriting Tool for Real Estate Development and Acquisition. We believe that if you know how, you'll be more willing and able to offer feedback to enhance the model.
To know more about rent roll here
https://brainly.com/question/28457586
#SPJ4
Suppose the value of all the stocks in a fund's portfolio is currently $500,000. The fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. Find the NAV.
Answers
Answer:
Well your currency will come up due to the investors only if it is a great good market platform The liabilities you must take time to pay them back it might cause interest and money building vlaues or taxes or possibly jail time
Explanation: I really hope i helped
If he fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. The NAV is $20.
Net asset valueUsing this formula
NAV = (Assets - Liabilities) / Total number of outstanding shares
Let plug in the formula
NAV=($500,000-$450,000)/2500 shares
NAV=$50,000/2500 shares
NAV=$20
Therefore the net asset value is $20.
Learn more about net asset value here:https://brainly.com/question/25961936
PLZ HELP MEEEEEEEEEE
Answers
Answer:
D
Explanation:
All of the following are ways through which affirmative action can arise at the workplace except Multiple Choice legal requirements. judicial affirmative action. consultant based affirmative action. voluntary affirmative action plans.
Answers
All of the options are correct .
Affirmative actions are those that help persons who have faced discrimination because of their race, religion, or social status. This century-long disadvantage has caused certain groups, such as African Americans, to suffer in society. Affirmative action ensures that these underserved groups receive priority and preference in education, jobs, accommodation, and medical care.
Some argue that affirmative action focuses too heavily on minorities, and these efforts disproportionately hurt the poor. Rather than focusing on minority groups, the government may consider the economic strength of the individual or family and offer assistance appropriately.
Therefore, all the options are correct.
To know more affirmative actions click here:
https://brainly.com/question/1577837
#SPJ4
How long do cross-departmental teams work together?
Answers
Answer:
First, department heads should be modeling cross-departmental collaboration by regularly and visibly engaging with each other – and with each other’s teams. If they notice that their department is becoming too isolated or is hesitant to collaborate with others, these leaders should be the first to start building bridges, and not just directing others to do so. Second, you need a mechanism in place to effectively collect employee feedback, in a way that makes employees feel safe from any negative consequences for speaking up.
Explanation:
Hope this helped! :)
Rahm's credit card issuer calculates interest based on the outstanding
balance at the end of the last billing period. What is this method of
calculating interest on a credit card called?
O
A. Adjusted balance method
B. Average daily balance method
O C. Previous balance method
O D. None of the above
Answers
Answer:
Adjusted balance method.
Explanation:
Adjusted balance method is defined a method of calculating financial interest based on the outstanding balance at the end of the last billing period after the payments after all necessary adjustment to the account has been made.
This method of interest calculating leads to a reduced finance charge with time as payments are being made to offset and reduce the balance on the card
Answer:previous balance method
Explanation:
Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answers
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
Federal Income Taxes
6. Find the tax for each exercise. Use the tax table to do these exercises.
Taxable Income
Filing status
$13,585
$13,800
$13,978
$23,049
$23,200
2.
b.
C.
d.
e.
Single
Married filing jointly
Head of household
Married filing separately
Married filing jointly
Tax
Answers
The federal profits tax prices continue to be unchanged for the 2021 and 2022 tax years: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The profits brackets, though, are adjusted barely for inflation. Read on for extra about the federal profits tax brackets for Tax Year 2021 (due April 15, 2022) and Tax Year 2022 (due April 15, 2023).
What is the distinction between income tax and federal tax?Federal earnings taxes are gathered by the federal government, while country profits taxes are accrued by means of the individual state(s) where a taxpayer lives and earns income. (It can get problematic if you stay in one state and work in another, which has took place extra frequently at some stage in the pandemic.)
The top 50 percent of all taxpayers paid 97 percentage of all individual earnings taxes, whilst the backside 50 percent paid the ultimate 3 percent. The top 1 percentage paid a higher share of individual profits taxes (38.8 percent) than the backside 90 percent blended (29.2 percent).
Learn more about federal tax here:
https://brainly.com/question/1593514#SPJ9use the marketing mix chart or the 4 P's of marketing and explain a current car or musician and write four sentences are more describing each of four p's
Answers
Answer:
The product is a car, the BMW X1
Explanation:
Product: BMW X1, a sports car that is a compact four door SUV, that can go from 0 to 60 mph in 6 seconds.
Price: the starting price of this model $35,400. It is not a cheap car, but it is one of the cheapest models that BMW has to offer.
Place: the car can be evaluated, and bought through BMW's website, although most customers will obviously prefer to buy it in person, in order to test drive. For this reason, the car is sold at most BMW dealerships.
Promotion: this is a car for the upper-middle class, so advertisements tend to cater to that specific demographic group.
Top notch consultants ltd has a fixed cost is sh 15000 for it's products and a variable cost given by 140+0.04x shillings per unit, where x is the total number of units and the selling price of the product is given by 300-6x shillings per unit. Formulate the function of the total cost and total revenue.Find the break even point.
Answers
Answer:
F(x) = 15000 + (140 + 0.04x)
F(x) = 300 - 6x
15000 ÷ (300 - 6x - (140 + 0.04x))
Explanation:
Given that :
Fixed cost = 15000
Variable cost = 140+0.04x
Selling price = 300 - 6x
Number of units = x
Total cost :
Fixed cost + variable cost
15000 + (140 + 0.04x)
Total revenue :
300 - 6x
F(x) = 300 - 6x
Break even point :
Total cost = total revenue
Break even point (units) :
Fixed cost ÷ (selling price per unit - variable cost per unit)
15000 ÷ (300 - 6x - (140 + 0.04x))
Using the relevant financial securities and
institutions, explain the chain of events which lead to the 2007
global financial crisis.
Answers
The chain of events leading to the 2007 global financial crisis was influenced by a combination of factors, including the housing market bubble, subprime lending practices, securitization of mortgages, flawed credit ratings, excessive risk-taking by financial institutions, and the interconnectedness of the global financial system.
The 2007 global financial crisis was a complex event that involved various financial securities and institutions.
1. Housing Bubble: In the early to mid-2000s, there was a housing bubble in the United States, fueled by factors such as loose lending standards, low interest rates, and speculation. Housing prices soared, leading to an increased demand for mortgage loans.
2. Subprime Mortgages: To meet the rising demand for mortgage loans, financial institutions started offering subprime mortgages to borrowers with lower creditworthiness. These mortgages had higher interest rates and were often bundled into mortgage-backed securities (MBS).
3. Securitization and Collateralized Debt Obligations (CDOs): Mortgage-backed securities were packaged into complex financial instruments known as collateralized debt obligations (CDOs). CDOs pooled together various types of mortgages, including subprime mortgages, and were sold to investors.
4. Credit Rating Agencies: Credit rating agencies assigned high ratings to many of these CDOs, indicating that they were relatively safe investments. However, the agencies underestimated the risks associated with the underlying subprime mortgages.
5. Financial Institutions' Investments: Financial institutions, including banks and investment firms, invested heavily in these CDOs and other complex derivatives, assuming they were low risk due to their high credit ratings. These investments were often funded through short-term borrowing.
6. Deterioration of Mortgage Market: As housing prices started to decline and the number of mortgage defaults increased, the value of mortgage-backed securities and CDOs plummeted. This created a crisis of confidence in the financial markets.
7. Interconnectedness and Systemic Risk: The financial institutions holding these toxic assets faced significant losses, impacting their capital positions. Moreover, the interconnectedness of the global financial system through complex financial products and counterparty relationships amplified the crisis, leading to a freeze in credit markets.
8. Financial Institution Failures and Bailouts: Several major financial institutions faced insolvency or collapse, including Lehman Brothers. This prompted government interventions, such as bailouts and emergency liquidity measures, to stabilize the financial system and prevent further contagion
Learn more about financial crisis here:
https://brainly.com/question/32368340
#SPJ11
what is salary for a remodeling?
Answers
As of January 26, 2023, the average Remodeling Contractor pay in the United States is $53,253, although the normal compensation range is between $46,589 and $62,477.
India's average annual wage is 3,87,500 rupees, which equates to 32,840 rupees a month. Figures and trends relating to the average wage in Hong Kong The typical monthly wage for a worker in Hong Kong is 36,000 HKD (around USD 4,684). As you look closer, you'll see that the region's employee salaries range from 9,260 HKD (the lowest average) to 163,000 HKD (highest average). In 2022, Hong Kong's minimum wage would continue at 37.5 HKD per hour (765.883 USD a month). Employees were paid a minimum of 28 HKD per hour and a maximum of 37.5 HKD per hour. Data are released annually by the Labor Department.
To learn more about compensation click on the link below:
brainly.com/question/13755469
#SPJ4
_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.
Answers
Answer:
employment and labor law
What is the difference between a marketing strategy and a marketing plan?
A. A marketing strategy tells where a business wants to go and the marketing plan tells how to get there.
B. There is no difference between a marketing strategy and a marketing plan.
C. A marketing strategy is rather flexible, but a marketing plan should not be revised once it has been created.
D. A marketing plan is written first and forms the basis of the marketing strategy.
Answers
Answer:
a
Explanation:
Sadia is suffering from severe depression. She wants long-term relief from this problem and is willing to work hard to make changes in her life. What treatment is likely to have the best long-term effects?
Answers
Cognitive-behavioral therapy (CBT) is likely to have the best long-term effects on Sadia's severe depression.
CBT is a form of psychotherapy that focuses on changing negative patterns of thinking and behavior. It has been shown to be effective in treating depression and reducing the risk of relapse. This therapy helps individuals develop coping skills and strategies for dealing with negative thoughts and emotions.
Through a collaborative approach with a therapist, Sadia can learn to identify and challenge negative thinking patterns, develop problem-solving skills, and practice relaxation techniques. CBT can also address underlying issues that may be contributing to depression, such as low self-esteem or relationship problems. While medication may provide short-term relief, CBT provides long-term benefits and can help Sadia achieve lasting change in her life.
To learn more about therapy follow the link:
https://brainly.com/question/29854280
#SPJ4
How does the overall economy benefit from you having a job?
Answers
You having a job contributes to the economy with taxes and with most jobs you're probably selling a good so the community is getting things they want, and these people who pay for it also are paying a tax on it, it also keeps you off the streets so you're not polluting your city.