One powerful motivation for people to become entrepreneurs is that becoming one is not just a job, but a lifestyle.
Who is an entrepreneur?An entrepreneur can be defined as an individual who is involved in the buying and selling of goods and services, usually from scratch or in a small capacity.
The qualities and characteristics of a entrepreneur.Generally, some examples of the qualities and characteristics of a successful entrepreneur include the following:
CuriosityAn entrepreneur is a planner.An entrepreneur is a money manager.Structured Experimentation.Adaptability.An entrepreneur is business savvy.Decisiveness.An entrepreneur is passionate.Team Building. Risk Tolerance.Comfortable with Failure.An entrepreneur is confident. PersistenceAn entrepreneur never give up.Based on the aforementioned characteristics, we can reasonably infer and logically deduce that aside from profit (money), a powerful motivation for people to become entrepreneurs is that becoming one is not just a job, but a lifestyle because it entails a lot.
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in the ____________, households work and receive payment from firms.
Answer:
labor market
Explanation:
How does understanding the history of credit make you think differently about credit cards and other forms of debt?
Answer:
Understanding the history of credit can provide a valuable perspective on credit cards and other forms of debt. By looking at the historical development of credit, we can gain a deeper appreciation of how credit has been used throughout history and the ways in which it has impacted societies and individuals.
For example, we can see that credit has been used for centuries as a means of facilitating trade and commerce. In ancient times, traders and merchants would use credit to finance the transportation and sale of goods. Similarly, in the modern era, credit cards and other forms of consumer credit have been used to enable people to purchase goods and services without having to pay for them upfront.
However, we can also see that credit can be a double-edged sword. While it can be a useful tool for managing cash flow and making purchases, it can also be a source of financial stress and hardship. For example, high levels of consumer debt can lead to financial instability and can make it difficult for people to meet their financial obligations.
By understanding the history of credit, we can also gain a better appreciation of the importance of responsible borrowing and lending. We can see how the availability of credit can impact the financial health of individuals and society as a whole, and we can recognize the importance of responsible lending practices and financial literacy.
In summary, understanding the history of credit can help us think more critically about credit cards and other forms of debt. By gaining a broader perspective on the role of credit in society and the potential risks and benefits of borrowing, we can make more informed decisions about how to use credit responsibly and manage our personal finances effectively.
Understanding the history of credit can change the way we think about credit cards and other forms of debt by providing insight into their origins and evolution, helping us make more informed decisions and develop responsible financial habits.
Explanation:Understanding the history of credit can change the way we think about credit cards and other forms of debt by providing insight into their origins and evolution.
It allows us to see the development of credit as a financial tool and understand the potential risks and benefits associated with it.
For example, exploring the history of credit can reveal how credit cards emerged as a convenient way to make purchases, but also how they can lead to debt if not used responsibly.
It can also shed light on the impact of interest rates and fees on borrowers.
By understanding the historical context of credit, individuals can make more informed decisions about when and how to use credit cards and other forms of debt, and develop responsible financial habits.
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Describe the place utility of the product. Can you think of any improvements that
could be made to its place utility?
The utility may take on a variety of forms, including form utility, location utility, time utility, possession utility, and other forms. The degree to which these conveniences play a role in consumer choice is very variable from person to person.
What is place utility?Generally, The concept of place utility refers to the act of putting goods or services on the market in areas where they are conveniently accessible to customers.
Possession utility is the usage or perceived value that a customer receives from possessing and being able to utilize a product or service in a timely way. This might be in the form of either a practical benefit or emotional satisfaction.
Utility may be defined as the usefulness or value that customers get from a product, and there are four distinct categories of economic utility: form, time, location, and ownership.
The economic utilities provide assistance in analyzing consumer purchasing decisions and identifying the factors that influence such choices.
In order to boost customer happiness, improve sales, and propel revenues, businesses work hard to boost the usefulness of their goods and services, as well as the value that customers perceive those products and services to have.
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T/F :m-commerce is online shopping from a portable device.
True, m-commerce refers to online shopping that is conducted through a mobile device such as a smartphone or tablet.
This type of shopping has become increasingly popular in recent years as more people use their devices to browse and make purchases online. M-commerce offers several advantages over traditional shopping methods, including the convenience of being able to shop from anywhere, at any time, as well as the ability to compare prices and products quickly and easily. However, there are also some potential drawbacks to m-commerce, such as security concerns and the need to ensure that the device being used for shopping is secure and protected. Overall, m-commerce is a convenient and efficient way to shop online, and it is likely to continue to grow in popularity as more people use their mobile devices for everyday tasks.
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What is Anderson hoping to do as a next step and why
Answer:
To make the game into an app
Explanation:
Interestingly, William Anderson was passionate about what he was doing; this passion led Anderson to think about making his Wealth Effect Game an app.
Why? Because he realized that most people lacked basic financial skills and his goal was to to make an app that would allow teachers throughout the country teach their students financial literacy effectively.
Shondra is thinking of making payments for her laptop by setting up automatic withdrawals with the store. What must
Shondra consider before she decides to pay with automatic withdrawals?
Shondra should be sure she will remember to call the store each month to make the payment.
Shondra should check her credit history to be sure she has a good credit score.
Shondra should be sure she will have enough in her account to be able to make the monthly payments.
Shondra should consult with a credit counseling service.
Answer:
Shondra should be sure she will have enough in her account to be able to make the monthly payments.
Explanation:
She need to consider and makes sure she have enough in her account to be able to make the monthly payments.
What is an automatic withdrawals?This is a financial procedure that is used when someone grant their bank the permission to make a payment to a creditor their your bank account.
Hence, there is need to makes sure she have enough in her account to be able to make the monthly payments to the creditor.
Therefore, the Option C is correct.
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The marketing concept is all about meeting the consumer's_____. Choose the best answer.
A) needs
B) Wants
C) Expectations
D) None of the above
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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Why’s are payroll withholding and estimated tax useful
Answer:
it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz
Explanation:
if there is only one unit of the good and if the buyers bid against each other for the right to purchase it, then the good will sell for
If there is only one unit of the good and the buyers bid against each other for the right to purchase it, then the good will sell for the highest bid offered.
This is because each buyer's bid represents their willingness to pay, and the seller will choose the highest amount to maximize their revenue. The process of bidding can also create goodwill among the buyers, as they compete fairly to obtain the desired good.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUAn unlicensed property manager can do all of the following except: Maintenance Showing units Negotiating lease terms Furnishing published information
When a person is an unlicensed property manager, they can do all of the above except Negotiating lease terms.
What can an unlicensed property manager do?An unlicensed property manager can show prospective buyers the units on sale as well as maintaining the units. They can also furnish people with published information on the units.
They cannot however, negotiate lease terms with people because they do not have the license and authority to do so.
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Select the correct answer.
Which is the first step that managers should take to resolve a conflict within a diverse team?
allow each individual to offer a solution
encourage each individual to propose a mediator
get each individual to state the problem from his or her viewpoint
a
approach senior management for a solution
Answer:
get each individual to state the problem from his or her viewpoint.
Explanation:
The first step that managers should take to resolve a conflict within a diverse team is to get each individual to state the problem from his or her viewpoint.
Answer:
get each individual to state the problem from his or her viewpoint
Explanation:
that is the correct answer and here is why the first step for resolving a conflict within a diverse team is to get each individual to state the problem from his or her viewpoint.
a gantt chart is the same as a project management plan. true false
False. A Gantt chart is not the same as a project management plan.
A Gantt chart is a visual representation of a project schedule. It displays the project's tasks, their start and end dates, and their dependencies.
The Gantt chart provides a timeline view of the project, allowing project managers and team members to track progress, allocate resources, and manage deadlines.
On the other hand, a project management plan is a comprehensive document that outlines the overall approach, objectives, scope, deliverables, timelines, resources, and risk management strategies for a project.
It includes various components such as the project charter, stakeholder analysis, communication plan, risk management plan, and more.
The project management plan provides a detailed roadmap for executing and managing the project, encompassing all aspects of planning, execution, and control.
While a Gantt chart is a helpful tool within a project management plan, it is just one element of the larger planning and management framework.
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Economic and budgetary impacts of Telehealth policy: Comparison of the costs to enact, implement, and enforce the policy with the value of the Benefits Budget • What are the costs and benefits associated with the policy, from a budgetary perspective? • e.g., for public (federal, state, local) and private entities to enact, implement, and enforce the policy? Economic • How do costs compare to benefits (e.g., cost-savings, costs averted, return on investments, cost-effectiveness, cost-benefit analysis, etc.)? • How are costs and benefits distributed (e.g., for individuals, businesses, government)? • What is the timeline for costs and benefits? • Where are there gaps in the data/evidence-base
NOTE: Please, answer the above questions with references Thanks
The costs and benefits associated with Telehealth policy, from a budgetary perspective, involve considering the expenses involved in enacting, implementing, and enforcing the policy, as well as the economic impacts such as cost-savings, return on investments, and cost-effectiveness.
These costs and benefits are distributed among various stakeholders, including individuals, businesses, and government entities.
When evaluating the costs and benefits of Telehealth policy, it is important to assess the financial implications for both public (federal, state, local) and private entities. Enacting, implementing, and enforcing the policy may involve costs such as legislative processes, regulatory compliance, infrastructure development, technology investments, training, and monitoring.
On the other hand, the benefits can include potential cost-savings through reduced healthcare expenses, improved access to care, enhanced patient outcomes, and increased productivity.
The comparison between costs and benefits is crucial to assess the policy's economic viability. Cost-savings, costs averted, and return on investments can demonstrate the potential financial advantages. Cost-effectiveness and cost-benefit analysis provide further insights into the balance between costs and benefits.
The distribution of costs and benefits is another important aspect. Individuals may experience reduced out-of-pocket healthcare expenses and increased convenience, while businesses could benefit from a healthier and more productive workforce. Government entities may bear initial implementation costs but can benefit from long-term cost-savings in healthcare expenditures.
The timeline for costs and benefits can vary. Initial costs may be incurred during the policy's implementation, while benefits may accrue over time as the utilization of telehealth services increases and healthcare outcomes improve.
Gaps in the data and evidence-base exist and should be acknowledged. Robust studies and comprehensive data are necessary to accurately assess the long-term economic and budgetary impacts of Telehealth policy. Researchers, policymakers, and stakeholders should continue to gather data and conduct research to fill these gaps and provide a more informed understanding of the costs and benefits associated with Telehealth policy.
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use the 4-step process to find the comparative advantage and the gains from specialization and trade. what is tina’s opportunity cost? a. 1 coconut
To find Tina's opportunity cost and determine the comparative advantage, we can use the 4-step process of specialization and trade:
Step 1: Identify the goods or services being compared. In this case, we are comparing coconuts.Step 2: Calculate the opportunity cost of producing each good service. The opportunity cost is the value of the next best alternative given up when a choice is made. For example, if Tina can produce either 1 coconut or 2 fish in the same amount of time, her opportunity cost of producing 1 coconut would be 2 fish.
Step 3: Determine the comparative advantage. Comparative advantage occurs when a person, group, or country can produce a good or service at a lower opportunity cost than others.In this case, if Tina's opportunity cost of producing 1 coconut is 2 fish, and let's say her friend's opportunity cost of producing 1 coconut is 3 fish, Tina has a lower opportunity cost. Therefore, Tina has the comparative advantage in producing coconuts.Step 4: Analyze the gains from specialization and trade. Specialization occurs when individuals, groups, or countries focus on producing the goods or services they have a comparative advantage in.
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olive corp currently makes 20,000 subcomponents a year in one of its factories. the unit costs to produce are: picture an outside supplier has offered to provide olive corp with the 20,000 subcomponents at a $36 per unit price. fixed overhead is not avoidable. if olive corp accepts the outside offer, what will be the effect on short-term profits?
Computation of purchase price. The company can make the components with a variable cost which is as follows:
Direct Materials per unit $ 12
Direct Labour per unit $ 8
Variable Manufacturing overhead per unit $ 12
Total Variable Cost per unit $ 32
Since the fixed manufacturing overhead shall not be reduced, the maximum price that can be paid is the internal variable costs. So the maximum purchase price is $ 32.
production is the advent or manufacturing of products with the help of gadget, hard work, machines, tools, and chemical or organic processing or method. it is the essence of secondary area of the economic system.[1] The term may consult with quite a number human interest, from handicraft to excessive-tech, however it's far maximum usually applied to business layout, in which uncooked substances from the primary sector are converted into completed items on a massive scale. Such goods can be bought to different producers for the manufacturing of other more complicated products.
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Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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Select the correct answer.
Which marketing strategy is the most effective in the modern era?
O A. relationship marketing
OB. marketing mix
Oc relationship marketing combined with the marketing mix
OD. considering the short-term interests of society
O E.
customer service
Answer:
Customer Service
Explanation:
3. After 29 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)? % 4. After 29 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)? % Redo the problem if the interest rate is 3% (for a well designed spreadsheet this should take 30 seconds)
1. After 29 payments have been made, approximately 69% of the total interest has been paid.
2. After 29 payments have been made, approximately 31% of the total principal has been paid.
To calculate the percentage of the total interest paid after 29 payments, we need to consider the total number of payments and the interest paid per payment. Since there are 29 payments made, we can divide the total interest paid by the number of payments and then express it as a percentage.
Similarly, to calculate the percentage of the total principal paid after 29 payments, we need to consider the total principal amount and the principal paid per payment. Again, dividing the total principal paid by the number of payments and expressing it as a percentage will give us the desired result.
Now, let's delve into the calculation with more detail. Assuming each payment is equal, we can represent the total interest as 100% and the total principal as 100%. After 29 payments, the interest paid is 29%, and the principal paid is also 29% (assuming the principal and interest are equal for simplicity).
Therefore, to calculate the percentage of the total interest paid, we divide the interest paid (29%) by the total interest (100%) and multiply by 100, resulting in approximately 29%. The remaining 71% represents the outstanding interest yet to be paid.
Similarly, for the percentage of the total principal paid, we divide the principal paid (29%) by the total principal (100%) and multiply by 100, giving us approximately 29%. The remaining 71% represents the outstanding principal amount.
It's important to note that these calculations assume equal payments and equal portions of interest and principal. If the payment amounts or interest and principal portions vary, the percentages would differ accordingly.
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point-of-purchase materials are increasingly important as the trend towards self-service retailing continues. T/F
The correct option is True.
Point-of-purchase materials, such as displays, signs, and product information, are becoming increasingly important as the trend towards self-service retailing continues.
In self-service retail environments, where customers are responsible for selecting and purchasing products themselves, point-of-purchase materials play a crucial role in attracting attention, conveying product information, and influencing purchase decisions.
These materials are strategically placed at the point of sale, such as near the checkout counter or throughout the store, to engage customers and enhance their shopping experience. With the growth of self-service retailing, the significance of effective point-of-purchase materials has increased to drive sales and create a positive customer experience.
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Explain how the U.S. economic system differs from the economic system in Cuba.
if safety stock is desired, it should be built into which portion of mrp? group of answer choices A. module level B. purchased component C. raw materials D. finished goods
E. all of these
D) The safety stock is typically built into the "Finished Goods" portion of Material Requirements Planning (MRP).
MRP is a production planning and inventory control system that helps manage the materials needed for production. Safety stock is an additional inventory maintained to protect against uncertainties in demand or supply. It acts as a buffer to ensure that there is enough stock available to meet unexpected fluctuations in customer demand or supplier delays. Since safety stock is meant to provide a buffer at the finished goods level, it is typically included in the calculations and planning for finished goods inventory in the MRP system. It ensures that there is a sufficient quantity of finished goods available to fulfill customer orders even in uncertain situations. While safety stock can also be utilized at other levels such as module level, purchased components, or raw materials, it is most commonly associated with the finished goods to ensure customer satisfaction and minimize stockouts.
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list out the tasks of an overseer.
Answer:
Mentor, coach, monitor and supervise communities throughout the shelter construction process. Provide technical assistance to households involved in shelter construction. Coordinate with counterparts in other PIN's areas of operation, ensuring exchange of lessons learnt and good practices
Explanation:
population density and city size are ____ variables used for market segmentation.
Population density and city size are geographic variables used for market segmentation.
Market segmentation is the process of dividing a heterogeneous market into smaller, more homogeneous segments based on certain characteristics or variables. Geographic variables are one of the common types of segmentation variables used to divide markets based on geographic factors such as location, climate, population density, city size, and regional preferences. Population density refers to the number of people living in a given area, usually measured per square kilometer or square mile. It helps identify densely populated areas where certain products or services may have higher demand.
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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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Fox Co. has identified an investment project with the following cash flows. Year Nm7 Cash Flow $ 570 430 840 1,230 a. If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 18 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Present value $ 2,344.76 1,937.54 b. Present value $ Present value
a. If the discount rate is 10%, the present value of these cash flows can be calculated as follows:
Year Nm7 Cash Flow Present Value of Cash Flows
PV = CF/(1+r)^n
Present Value of Cash Flows 0 - $ 0.00 1 $ 570.00 $ 518.18 2 $ 430.00 $ 348.69 3 $ 840.00 $ 622.09 4 $ 1,230.00 $ 864.80
The sum of the present value of all the cash flows equals $ 2,344.76. Hence, the present value of these cash flows is $ 2,344.76, when the discount rate is 10 percent.
b. If the discount rate is 18%, the present value of these cash flows can be calculated as follows:
Year Nm7 Cash Flow Present Value of Cash FlowsPV = CF/(1+r)^n
Present Value of Cash Flows 0 - $ 0.00 1 $ 570.00 $ 483.05 2 $ 430.00 $ 308.09 3 $ 840.00 $ 450.60 4 $ 1,230.00 $ 619.38
The sum of the present value of all the cash flows equals $ 1,861.12. Hence, the present value of these cash flows is $ 1,861.12, when the discount rate is 18 percent.
c.If the discount rate is 24%, the present value of these cash flows can be calculated as follows:
Year Nm7 Cash Flow Present Value of Cash Flows
PV = CF/(1+r)^n
Present Value of Cash Flows 0 - $ 0.00 1 $ 570.00 $ 459.68 2 $ 430.00 $ 250.67 3 $ 840.00 $ 324.39 4 $ 1,230.00 $ 384.15
The sum of the present value of all the cash flows equals $ 1,418.90. Hence, the present value of these cash flows is $ 1,418.90, when the discount rate is 24 percent.
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A company uses the weighted-average method for inventory costing. At the end of the period, 19,000 units were in the ending Work in Process inventory and are 100% complete for materials and 68% complete for conversion. The equivalent costs per unit are materials, $2.58, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period.
Answer: $77,444
Explanation:
Given the following :
Ending work in process inventory = 19,000 units
Complete for materials = 100%
Complete for conversion = 68%
Equivalent cost per unit (material) = $2.58
Equivalent cost per unit (conversion) = $2.20
Cost of ending work in process inventory (materials) :
Cost per unit (material) * (ending work in process inventory) * complete for material
$2.58 * 19000 * 100% = $49,020
Cost of ending work in process inventory (conversion) :
Cost per unit (conversion) * (ending work in process inventory) * complete for conversion
$2.20 * 19000 * 68% = $49,020
$2.20 * 19000 * 0.68 = $28,424
Total cost (ending work in process inventory) :
Material cost + conversion cost
$49,020 + $28,424 = $77444
Which source of power does research suggest to be more effective? O Formal Power (i.e., legitimate, coercive, and/or reward-based) Personal (i.e., expert and/or referent-based) Political (appointed or democratically elected-based) O No research suggests one is more effective. 1 pts Question 8 Which of the following is likely true? O The greater B's level of self-reliance, the greater A's power is over B. The more B is dependent on A, the more power A has in the relationship. Power has no correlation to reliance or dependence. O All of the above are true. 1 pts
No research suggests that one source of power is more effective than the others.
Different sources of power have varying degrees of effectiveness depending on the specific context and situation. Formal power, which includes legitimate, coercive, and reward-based power, is derived from an individual's position or authority within an organization. Personal power, encompassing expert and referent power, is based on an individual's knowledge, skills, and personal qualities that others value and respect. Political power is obtained through appointment or democratic election. The effectiveness of each source of power depends on factors such as the organizational culture, the nature of relationships, and the specific goals and objectives.
Therefore, no single source of power can be deemed universally more effective than others, as their effectiveness varies in different circumstances.
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is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.