How the people are selected, trained, and managed determines to a large extent and how successful an organization will be.
Human resource management (HRM)Human resource management (HRM) is the process of finding, selecting, deploying, and overseeing people for a business. Human resources, or HRM, is another name for it (HR). The HR department of a corporation or organization is typically in charge of formulating, implementing, and monitoring the regulations governing workers and the interaction between the company and its employees. In order to collectively refer to all of the individuals who work for the business, the phrase "human resources" was initially used in the early 1900s and then became increasingly popular in the 1960s.
HRM, or human resource management, is the management of personnel with a focus on them as a company's assets.
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A firm’s business strategy must respond and adapt to all of the variables in the following list to remain competitive. From this list, which variable does IS have the biggest impact on?
The variable that Information Systems (IS) has the biggest impact on in a firm's business strategy is "operational efficiency." IS enables companies to streamline their processes, manage resources more effectively, and automate repetitive tasks, ultimately leading to reduced costs, increased productivity, and a higher level of competitiveness.
Step-by-step explanation:
1. Information Systems (IS) facilitate data collection, storage, and analysis, which helps businesses make informed decisions about their strategy.
2. IS helps in automating manual processes, which reduces labor costs and increases the speed of operations.
3. By providing real-time data, IS enables businesses to monitor their performance and respond to changes in the market quickly.
4. IS enables effective communication and collaboration within the organization, fostering innovation and better problem-solving.
5. Overall, IS improves operational efficiency, enabling a firm to remain competitive in the ever-changing business environment.
In conclusion, Information Systems (IS) has the most significant impact on the "operational efficiency" variable, helping businesses adapt and respond to the demands of the market and remain competitive.
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case tools support only one specific activity in system development.
The statement "case tools support only one specific activity in system development" is false.
Case tools, which stands for Computer-Aided Software Engineering tools, are software applications that assist in various activities throughout the system development life cycle (SDLC). They are designed to support multiple activities rather than just one specific activity.
Case tools can be used in different phases of the SDLC, including requirements gathering, analysis and design, coding and implementation, testing, and maintenance. These tools provide functionalities to aid in tasks such as diagramming, documentation, code generation, version control, project management, and testing.
Some common examples of case tools include:
Requirements Management Tools: These tools help in capturing, organizing, and managing system requirements. They facilitate collaboration between stakeholders and help ensure requirements traceability.Modeling and Design Tools: These tools assist in creating visual models, such as UML diagrams, to represent the system's structure, behavior, and interactions. They enable the analysis and design of the software system.Integrated Development Environments (IDEs): IDEs are comprehensive software development tools that provide features for coding, debugging, and compiling applications. They often include built-in case tool features like code generation, refactoring, and version control integration.Testing Tools: These tools aid in automated testing, test case management, and defect tracking. They can generate test cases, execute them, and provide reports on test coverage and results.Configuration Management Tools: These tools help manage changes to software artifacts, track versions, and ensure consistency and integrity throughout the development process.It's important to note that case tools may have varying degrees of functionality and focus on different aspects of the SDLC. Some tools might be more specialized for a particular activity, but overall, case tools are designed to support multiple activities and provide a range of functionalities to assist in system development.
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Complete question :
Case tools support only one specific activity in system development. True/False.
As demonstrated by the Nike example in the text, which working conditions situation is generally MOST preferred
The Nike example in the text demonstrates that the working conditions situation that is generally most preferred is when workers are provided with fair wages, safe and healthy working environments, reasonable working hours, and respect for their rights.
1. Fair wages: In the Nike example, it is important for workers to be paid a fair wage for their work. This means that they should receive compensation that is commensurate with their skills, effort, and the value they bring to the company. Fair wages help to ensure that workers can meet their basic needs and maintain a decent standard of living.
2. Safe and healthy working environments: Another important aspect of preferred working conditions is the provision of safe and healthy working environments. This includes ensuring that workplaces are free from hazards that could cause harm to workers, such as exposure to harmful chemicals or unsafe machinery. It also involves implementing measures to prevent accidents and injuries, as well as providing access to necessary safety equipment.
3. Reasonable working hours: The Nike example highlights the importance of reasonable working hours. Workers should not be expected to work excessively long hours without breaks or rest periods. Instead, they should be provided with reasonable working hours that allow them to maintain a healthy work-life balance and take care of their personal well-being.
4. Respect for workers' rights: Lastly, the Nike example shows that preferred working conditions involve respecting workers' rights. This includes allowing workers to freely associate, express their opinions, and engage in collective bargaining. It also means treating workers with dignity and fairness, without any form of discrimination or exploitation.
By prioritizing fair wages, safe and healthy working environments, reasonable working hours, and respect for workers' rights, companies can create a working conditions situation that is generally most preferred. This not only benefits the workers themselves but also contributes to their productivity, job satisfaction, and overall well-being.
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Background:Megan’s boss, Becksindale Mugabe is the managing director of the practice. He is
busy assisting other clients with restructuring issues in the current economic
environment.
He is currently in Queensland assisting other building company clients and will not
be back until Monday 26 September 2022.
Metrix is a highly valued client of the firm
He wishes you to prepare a video presentation to him, which is to be for no more
than 5 minutes in length.
ISSUES THAT BECKSINDALE WANTS YOU TO ADDRESS AND PRESENT IN
THE VIDEO:
1. Can the company still pay a dividend even though the current year has
resulted in a trading loss and if they can why
2. Suren has been a director of two other companies in the last 7 years that
became insolvent. Can he still be a director of Metrix?
3. In your report on issue number 4 of your written report you have referred to a
court case. Explain to me the relevance of that case to the issues affecting
Metrix or the directors of the company.
In your video presentation please answer these questions from Becksindale
Rationale for video presentation:
As accountants/financial advisers you will spend the majority of your time explaining
issues to people but within very short time frames. The purpose of the video is to
give you the opportunity in a safe environment to develop that skill. In your
presentation to your future employer they expect you to know and understand the
issue. When you are talking to them they do not expect you to be looking at notes or
reading from a script.
The questions that you will be required to answer may take more than 5 minutes to
respond so you will need to develop the skill to summarise the key issues..
The purpose of the video presentation is to allow Megan to demonstrate her ability to summarize key issues effectively and communicate them without relying on notes or scripts.
What is the purpose of the video presentation requested by Becksindale Mugabe?Megan's boss, Becksindale Mugabe, is requesting a video presentation addressing specific issues related to the company Metrix. The first issue pertains to whether the company can still pay a dividend despite experiencing a trading loss, and the reasons behind it.
The second issue concerns Suren, a director who had previous involvement with insolvent companies, and whether he can continue as a director of Metrix.
The third issue involves a court case mentioned in a written report and its relevance to Metrix or its directors. The purpose of the video presentation is to allow Megan to demonstrate her ability to explain complex issues concisely within a limited time frame.
It tests her knowledge and understanding of the topics without relying on notes or scripts during direct communication with employers. Although the questions may require more than five minutes to answer fully, Megan must develop the skill of summarizing key issues effectively.
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A brewery produces two types of beer, Lager and Ale. Your mission is to heip the cornpany determine the optimal production plan that maximizes profit (L.e., how many liters of Lager and Ale to produce), subject to the following conditions. A liter of Lager produces an economic benefit (profit) of $12, whlle a liter of Ale ylelds $10. The company has a storage capacity for up to 4000 liters of bear; no more than that can be produced. To make the beer, the company uses the following recipes. A liter of Lager requires 20 grams (gr) of hops, 20gr of malt, and 20gr of yeast, while a liter of Ale requires 20gr of hops, 40gr of malt, and 10 gr of yeast, and the company only has 10,000 grams of hops, 20,000 grams of malt, and 6,000 grams of yeast. The following questions need to be answered (elaborate your answers and put them in the exam Word form that was provided): 1. Formulate an optimization model for this problem: define the decision variables, objective function, and constraints; 2. Solve the problem graphically: draw the feasible region, evaluate its corner points, and interpret the optimal solution; 3. Which of the three ingredients (hops, malt, or yeast) should the company prioritize to buy in greater quantity (pick one), why, and what would be its benefit per gram? 4. The brewery's malt supplier suffered a misfortune, and next week they will be able to supply only 18,000 gr. How much will this mishap affect the company's profit (profit lost)? Should the company modify its optimal production plan, and why? 5. The brewery owner is offered to increase the company's storage capacity at a value of $0.1 per liter. Do you recommend making such an investment? How many liters of capacity more to buy, and why? 6. What would be the Ale's optimality range associated with its profit value, and what does it mean? 7. How many optimal solutions would be if Lager's profit value increased to $20, and which would these be?
1. The optimization model for this problem can be formulated as follows:
- Decision variables: Let x represent the number of liters of Lager produced, and y represent the number of liters of Ale produced.
- Objective function: Maximize profit, which can be expressed as P = 12x + 10y.
- Constraints:
- The total liters of beer produced cannot exceed the storage capacity: x + y ≤ 4000.
- The amount of hops used cannot exceed the available quantity: 20x + 20y ≤ 10000.
- The amount of malt used cannot exceed the available quantity: 20x + 40y ≤ 20000.
- The amount of yeast used cannot exceed the available quantity: 20x + 10y ≤ 6000.
2. To solve the problem graphically, we first plot the feasible region by graphing the constraints. The feasible region is the overlapping area that satisfies all the constraints. The corner points of the feasible region are the intersections of the constraint lines. We then evaluate the objective function at each corner point to find the optimal solution. The point that maximizes the objective function represents the optimal production plan.
3. To determine which ingredient the company should prioritize buying in greater quantity, we can calculate the benefit per gram for each ingredient. For hops, the benefit per gram is $12/20g = $0.6/g. For malt, the benefit per gram is $12/40g = $0.3/g. For yeast, the benefit per gram is $10/10g = $1/g. Based on these calculations, the company should prioritize buying yeast in greater quantity as it provides the highest benefit per gram.
4. If the malt supplier can only supply 18,000 grams, the company will need to modify its optimal production plan. The constraint for malt usage will become 20x + 40y ≤ 18000. By solving the modified problem, we can determine the new optimal solution and calculate the profit lost by subtracting the new profit from the original profit.
5. To determine if the company should invest in increasing storage capacity, we need to calculate the additional profit generated by the increased capacity. The additional profit per liter of capacity can be calculated as $0.1. If the additional profit is greater than the investment cost, it is recommended to make the investment. The number of liters to buy would depend on the maximum capacity that maximizes profit.
6. The Ale's optimality range associated with its profit value refers to the range of profit values within which the optimal solution remains the same. It means that as long as the profit value for Ale falls within this range, the optimal production plan will not change.
7. If Lager's profit value increases to $20, the number of optimal solutions would depend on the new objective function. By solving the modified problem, we can determine if there are any changes in the feasible region and if new corner points emerge. If new corner points exist, each corner point would represent a different optimal solution.
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The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
Perform online or offline research about possible roles and job descriptions in the sports, entertainment, or recreation marketing industries. Write a short paragraph (about 200 to 500 words) mentioning the jobs available and describing job responsibilities and requisite skills associated with any one job of your choice.
Answer:
The sports marketing industry offers a wide range of job opportunities. One such job is that of a Sponsorship Account Manager. The Sponsorship Account Manager is responsible for creating, developing and maintaining relationships with sponsors, and ensuring that the company's objectives are met. They work closely with clients to understand their needs and develop effective sponsorship programs that meet those needs. They are also responsible for managing budgets and timelines, negotiating contracts, and ensuring that all deliverables are met.
Requisite skills for this role include excellent communication and interpersonal skills, strong negotiation and contract management abilities, as well as a deep understanding of the sports marketing industry. Candidates should also be able to work well under pressure, manage competing priorities, and be comfortable with using data and analytics to make informed decisions. A Bachelor's degree in Marketing, Business, or a related field is typically required, as well as several years of experience in sponsorship or related fields.
Overall, a Sponsorship Account Manager is a critical role in the sports marketing industry, and one that requires a strong understanding of client needs, excellent communication skills, and the ability to develop effective sponsorship programs that deliver results for both the client and the organization.
Explanation:
you have a cup of coffee at temperature 80 degrees celcius that you put outside, where ambient temperature is o degrees celcius. after 8 minutes what is the temperatre of the coffee g
After 8 minutes, the temperature of the coffee will be lower than 80 degrees Celsius but higher than 0 degrees Celsius.
What will be the approximate temperature of the coffee after 8 minutes?When a cup of coffee at 80 degrees Celsius is placed outside where the ambient temperature is 0 degrees Celsius, the coffee will start to lose heat to its surroundings due to the temperature difference. This process is known as thermal equilibrium, where heat flows from the hotter object (coffee) to the colder object (ambient temperature).
After 8 minutes, the coffee would have cooled down, but its temperature will still be above the ambient temperature. The exact temperature depends on various factors such as the initial temperature, the specific heat capacity of the coffee, the thermal conductivity of the cup, and the surrounding conditions. Without additional information about these factors, it is challenging to provide an accurate numerical value for the coffee's temperature after 8 minutes. However, it can be inferred that the temperature will be lower than 80 degrees Celsius but higher than 0 degrees Celsius, indicating a gradual cooling of the coffee towards the ambient temperature.
Heat transfer, thermal equilibrium, and factors influencing temperature changes in objects. Understanding these principles can provide insights into how heat is transferred and how objects reach thermal equilibrium with their surroundings.
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Which of the following statements about investing is
TRUE?
A.On average, putting money in a savings account
earns a higher return than
investing money in the
stock market.
B.Investing is riskier than putting money in a savings
accounts.
C.Investing is best for short-term financial goals.
D.Investing is a guaranteed way to make money.
Answer:
B.Investing is riskier than putting money in a savings
accounts.
Explanation:
Savings refers to putting money aside for future consumption. Most firms and individuals save in savings accounts because they are safe and secure. Saving is considered risk-free, meaning the money saved is highly-unlikely to be lost.
Investing is engaging in commercial activities to make profits and grow wealth. Money put into an investment project is active, unlike the funds in a savings account. Investing has higher returns than savings but is also riskier. Money saved earns little interest on will remain the same but money invested can generate high profits or suffer losses.
You have a copy of an invoice sent to a customer for services provided on account. What would the T account look like after analyzing this transaction?
Accounts Payable is credited to increase, and Sales is debited to increase.
Accounts Payable is debited to increase, and Sales is credited to increase.
Accounts Receivable is credited to increase, and Sales is debited to increase.
Accounts Receivable is debited to increase, and Sales is credited to increase.
The way that the the T account look like after analyzing this transaction is D. Accounts Receivable is debited to increase, and Sales is credited to increase.
What is a T account?A T-account is a colloquial term for a collection of financial records that use double-entry bookkeeping. A T-account is so named because the bookkeeping entries are organized in the shape of a T. Just above the T is the account title.
Accounts receivable are the funds owed by a company's customers for goods or services received but not yet paid for. When a customer purchases a product on credit, the amount owed is added to the accounts receivable.
Therefore, when you have a copy of an invoice sent to a customer for services provided on account, the accounts receivable is debited to increase.
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a structural engineer hired by a military base discovers upon inspection that her employer is using low-quality steel and skimping on bolts and fasteners in many construction projects, which goes against the building designs she approved. she reports this to the concerned government regulatory agency. this is an example of
She reports this to the concerned government regulatory agency. this is an example of whistleblowing.
What is whistleblowing?A whistleblower is someone who comes out and divulges their knowledge of any wrongdoing they believe is taking place either throughout the entire organisation or in a particular department. A whistleblower is somebody who reports any illegal activity, whether they be an employee, contractor, or supplier.According to Mueller, during the early 20th century, the terms "to blow the whistle" and "whistleblower" referred to either persons who were really blowing whistles or those who were trying to halt unlawful or immoral activities by raising a stink.Whistleblowing comes in two flavours. Internal whistleblowing is the first. This indicates that the whistleblower informs another employee of malfeasance. Whistleblowing on the outside is the second kind.To learn more about whistleblowing refer to:
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according to nielsen marketing research, consumers spend more time on ____ than e-mail.
According to Nielsen marketing research, consumers spend more time on social media than on email. This finding highlights the growing popularity and usage of social media platforms, which have become integral parts of people's daily lives for communication, entertainment, and information sharing.
The shift in consumer behavior towards spending more time on social media can be attributed to various factors. Social media platforms offer a wide range of features and functionalities that engage users, such as news feeds, interactive content, messaging, and multimedia sharing. These platforms also provide opportunities for users to connect with friends, family, and communities, making them a popular choice for social interaction and networking.
In contrast, email, while still widely used for professional and personal communication, has become less dominant in terms of time spent compared to social media. The convenience and real-time nature of social media platforms, along with the ability to access them on mobile devices, contribute to their increased usage.
It's important to note that the exact amount of time spent on social media compared to email may vary among individuals and demographics.
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The U.S. position is that GM foods are an acceptable food crop. What was the impact of the Green Revolution on developing countries?
The Green Revolution, which began in the 1960s and 1970s, was a period of significant agricultural innovation and development that aimed to increase food production in developing countries. The revolution involved the introduction of high-yielding crop varieties, modern farming techniques, and improved irrigation systems. While the Green Revolution had some positive impacts on developing countries, it also had some negative consequences.
On the positive side, the Green Revolution led to significant increases in food production in many developing countries, particularly in Asia and Latin America. This helped to alleviate hunger and malnutrition, and improved food security for millions of people. The introduction of high-yielding crop varieties also helped to increase farmer incomes and stimulate economic growth in some regions.
However, the Green Revolution also had some negative impacts. The introduction of new crop varieties required significant amounts of chemical fertilizers, pesticides, and irrigation water, which were often too expensive for poor farmers. This led to increased inequality between rich and poor farmers and raised environmental concerns over soil degradation, water depletion, and pesticide contamination.
Furthermore, the Green Revolution's focus on high-yielding crop varieties resulted in the loss of many traditional crop varieties that were better adapted to local conditions and had higher levels of genetic diversity. This increased the vulnerability of crops to pests, diseases, and climate change.
In conclusion, while the Green Revolution led to significant increases in food production and improved food security in developing countries, it also had some negative consequences, particularly related to environmental sustainability and social equity. The debate over genetically modified (GM) foods continues to be a topic of controversy, with some arguing that they could have a positive impact on food security while others are concerned about their long-term impact on human health and the environment.
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Give an example of 3 wants of businesses and describe WHY they are wants
What is a credit limit and what is it's purpose?
Answer:
What is a credit limit?
A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.
what is the purpose of a credit limit?
Credit limits determine how much you can spend using your credit cards and serve as a way for lenders to limit the risk of lending money. Having high credit limits can be a good thing, because it gives you the flexibility to spend money when you need to and it may help you maintain good credit scores.
Explanation:
Use this formula to help solve the problem.
• gross income = total of all incomes added together
Given the following information, what does the gross income for the month equal?
Cash = $700, Checks = $200, Credit Card Charges = $400
a. $700
b. $1100
c. $1300
d. $400
Answer:
C.$1300.................:)
Answer:
1,300
Explanation:
just added the numbers
A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase was $5,690. The company incurred $500 in transportation costs, $220 installation fees, and paid a $160 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher?
When a company purchases an asset, the cost of the asset is recorded on the balance sheet as an asset. In this case, the company purchased a commercial dishwasher for $5,300 in cash. However, the fair value of the dishwasher on the date of purchase was $5,690, which means the company received a discount on the purchase.
To record the dishwasher on the balance sheet, we need to add the cost of the dishwasher to any additional costs incurred to get it up and running. The company incurred $500 in transportation costs to get the dishwasher to their location and $220 for installation fees, which brings the total cost to $6,020 ($5,300 + $500 + $220).
The company will record the dishwasher at a total cost of $6,020. This includes the cash payment of $5,300, transportation costs of $500, and installation fees of $220. The $160 fine for illegal parking is not considered as it is not directly related to the acquisition of the dishwasher.
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Why might people choose to rent a home rather than buy a home?
a. They have a lot of money saved for a down payment. b. The property maintenance is the owner's responsibility. c. The interest rates on equity are too high. d. They have a long-term commitment to the area.
Answer: A
Explanation: People usually chose to buy houses instead of renting house because of saving reasons
Answer:
b. The property maintenance is the owner's responsibility.
Explanation:
its actually this one. i took an L for the gang. youre welcome
a company is considering manufacturing a new product. this new product is expected to sell at a price of $774 per unit. the variable cost associated with this product is $213 per unit. the anticipated fixed cost is $493998 per year. this new product requires an initial investment of $441686 for the purchase of machinery. the machinery will be depreciated using straight-line method to a value of zero over 4 years. calculate the number of units to be sold per year to achieve accounting break-even.
The new units needed to break even are 37427.36. The break-even point (BEP) is the point where revenue and costs are equal; there is no net gain or loss and one has "broken even."
The number of units at which there is neither a profit nor a loss because total revenue equals total cost is known as the break even point in units. These steps are used to compute the break-even point in units:
Fixed costs divided by contribution margin per unit equals break even in units.
Where,
Selling price = Contribution margin per unit
variable cost per unit - per unit
New fixed cost = 493998 + 441686 will be the new total fixed expenses.
$935684
The revised contribution margin per unit is now equal to 50- (50*0.5) = $25 per unit.
The new break even point in units is 37427.36 units (935686/25).
Opportunity costs have been "paid" and capital has received the risk-adjusted, projected return, but no profit or loss has been realised.
It is, therefore, the moment when a company's total revenue exceeds its whole costs and it starts to produce wealth rather than merely consuming it. It is represented visually as the intersection of the total revenue and total expense curves. The linear case's break-even point is determined by dividing the fixed costs by the contribution margin per unit.
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Five years ago Tosev Inc. issued 30-year, $1,000 par value, semi-annual coupon bonds with a coupon rate of 9.10 percent. The bonds originally sold at a price of $1,010.32 per bond. Currently, those bonds have a market price of $1,118.15 per bond. The Chief Financial Officer of Tosev is currently considering issuing new bonds. These bonds will have a par value of $1,000, semi-annual coupon payments, a term of 25 years and a coupon rate of 8 percent. Due to differences in the legal provisions of the bonds, the Chief Financial Officer estimates that the yield to maturity on the new bonds will be one percent higher than the current yield to maturity on the old bonds. Based on the Chief Financial Officer's estimate, what would be the price per bond of the new bonds today?
A. $ 817.44
B. $ 896.67
C. $ 901.19
D. $1,000.00
E. $1,118.15
Which of the following statements is most correct?
A. If a bond's yield to maturity exceeds its annual coupon rate, then the bond will be trading at a premium.
B. If interest rates increase, the relative price change of a 10-year coupon bond will be greater than the relative price change of a 10-year zero coupon bond.
C. If a coupon bond is selling at par, its current yield equals its yield to maturity. (Hint: a bond's current yield equals annual coupon payment divided by current price).
D. Both a and c are correct.
E. None of the answers above is correct.
---------------------Explanation:
Which situation describes a monopoly market structure?
A. Many different vendors sell the same few T-shirt designs to fans at
a concert.
B. Solar panels are only available from two companies operating in a
country
C. A lot of new Chinese restaurants open in an area with a growing
Chinese population
D. One company builds and sells all of the cars available in a
developing country.
Answer:
D. One company builds and sells all of the cars available in a
developing country. That if so gives the one company a monopoly, because there is only one company supplying that service.
which of these statements best sums up the role of it in today’s business environment?
The correct option is (3)change in a population through genetic variation over time.
As a result, the selection says that evolution alters a population's genetic makeup through time.
How would you define the business?
An innovative company or group that engages in professional activities is referred to as a business. They might be industrial, commercial, or something else. Businesses that are for profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
What are some business examples?
Examples include manufacturing, selling, buying land, buildings, and equipment, buying other businesses, investing in marketable assets, and getting loans from financial organizations. In order to generate enough cash flow, company operations must be properly conducted and managed.
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Complete question:
Which of these statements best sums up the role of it in today’s business environment? rapid change in species’ habits and features
punctuated change in a populationchange in a population through new species being madechange in a population through genetic variation over timeOutline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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brinks mat warehouse robbery at heathrow airport making off with three tons of gold bars valued at $37.5 million
The Brinks Mat warehouse robbery took place at Heathrow Airport and involved stealing three tons of gold bars worth $37.5 million.
The Brinks Mat warehouse robbery is a notorious crime that occurred at Heathrow Airport. The robbers managed to steal a staggering three tons of gold bars, which were valued at $37.5 million.
1. Location: The robbery took place at the Brinks Mat warehouse, which was situated at Heathrow Airport in London, England.
2. Robbery: The criminals successfully executed the theft, making off with three tons of gold bars. This amount is equivalent to 6,000 pounds or approximately 2,722 kilograms.
3. Value: The stolen gold bars had a total value of $37.5 million. This valuation was based on the market price of gold at the time of the robbery.
It is worth noting that this robbery was highly significant due to the large quantity and value of gold stolen. The case received widespread media attention and became a prominent criminal investigation.
Tagging:
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PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing
Answer:
b
Explanation:
A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.
Who is a salesperson?A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.
They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.
If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.
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Zainab is researching whether a Poisson process would be a suitable model for vehicle breakdowns on a busy motorway. For weekdays across one month, she collects data on the number of breakdowns each hour on the motorway, over a specific time period, between 10.00a.m. and 2.00 p.m. (a) With reference to one of the assumptions underlying a Poisson process, give a possible reason for why Zainab has restricted her study to vehicle breakdowns at a particular time of day. (b) Zainab enters her data into Minitab and calculates the following summary statistics for the number of breakdowns occurring each hour. Do the summary statistics support the Poisson process as a model for the data? Justify your answer. Statictirc (c) Based on the data collected, Zainab assumes that on average, two breakdowns occur per hour on the motorway. (i) Calculate the probability that there will be fewer than three breakdowns between 10.30 a.m. and 12.30 p.m. (ii) Calculate the probability that the interval between two successive breakdowns is less than 30 minutes.
(a) The reason why Zainab has restricted her study to vehicle breakdowns at a particular time of day is that a Poisson process assumes that the rate at which events occur should be constant over time. Therefore, Zainab has restricted her study to vehicle breakdowns between 10:00 a.m. and 2:00 p.m. to make sure the rate of breakdowns is relatively constant.
(b) The summary statistics do support the Poisson process as a model for the data. In a Poisson distribution, the variance should be equal to the mean. In the data provided, the mean is 2.08 and the variance is 2.11, which are very close. The histogram of the data also appears to be Poisson-like. Therefore, we can conclude that the data follows the Poisson distribution.
(c) (i) we need to use the Poisson distribution. The average rate of breakdowns per hour is 2. Therefore, the average rate is 4. The probability of having zero or one breakdown calculated as follows :P(X ≤ 2) = P(X = 0) + P(X = 1) + P(X = 2) where X ~ Poisson (4). Using a Poisson distribution table, we get;(X ≤ 2) = P(X = 0) + P(X = 1) + P(X = 2) = 0.018 + 0.073 + 0.147 = 0.238.(ii) we need to use the exponential distribution. Average time between two successive breakdowns = 60 minutes/2 breakdowns = 30 minutes Therefore, the rate parameter, λ = 1/30. This can be calculated as:P(X < 30) = 1 - e^(-λx) = 1 - e^(-1) = 0.6321 Therefore, the probability that the interval between two successive breakdowns is less than 30 minutes is 0.6321.
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Zainab has restricted her study to a particular time of day to assume that the rate of vehicle breakdowns remains constant during that time period, which is an underlying assumption of a Poisson process.
The probability of having fewer than three breakdowns between 10.30 a.m. and 12.30 p.m. is approximately 0.406 or 40.6%.
The probability that the interval between two successive breakdowns is less than 30 minutes is approximately 0.632 or 63.2%.
How to Solve the Problem?(a) One of the acceptances underlying a Poisson process is that the rate of occurrences occurring inside a given time pause is constant. By confining her study to a particular opportunity of day, between 10.00 a.m. and 2.00 p.m., Zainab is provided that the traffic conditions, driver performances, and other determinants that contribute to boat breakdowns remain almost constant all the while this time period. This presumption allows her to treat the dossier as a Poisson process.
(b) To determine if the summary enumerations support the Poisson process as a model for the data, we need to analyze if certain environments are met. The key conditions for a Poisson process are:
The occurrences occur alone.The average rate of events is perpetual over time.The expectation of more than individual event occurring in an infinitesimally insignificant interval is insignificant.If Zainab's data answer these conditions, it would support the Poisson process model.
(c) (i) To reckon the probability of less than three breakdowns between 10.30 a.m. and 12.30 period after 12 noon and before sunset, we can use the Poisson distribution. The average rate of breakdowns is given as two per time.
Let's denote the haphazard variable X as the number of breakdowns all the while this time ending. The parameter λ (lambda) shows the average rate of breakdowns, which is 2.
Using the Poisson distribution recipe, the probability maybe calculated in this manner:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)
P(X = k) = (e^(-λ) * λ^k) / k!
P(X < 3) = (e^(-2) * 2^0) / 0! + (e^(-2) * 2^1) / 1! + (e^(-2) * 2^2) / 2!
Calculating this expression, we find:
P(X < 3) = 0.406
Therefore, the expectation of having minor than three breakdowns between 10.30 a.m. and 12.30 p.m. is nearly 0.406 or 40.6%.
(ii) To calculate the expectation that the interval middle from two points two successive breakdowns is inferior 30 minutes, we need to feel the exponential distribution, that is often guide the interarrival times in a Poisson process.
In a Poisson process, the interarrival periods follow an rapid change distribution accompanying a rate parameter (λ) equal to the average rate of occurrences.
The average rate of breakdowns is given as two per period. Since the exponential disposal is defined in agreements of the rate parameter, we can reckon the probability as follows:
P(break < 30 minutes) = 1 - e^(-λt)
place t is the time in hours. In this case, t = 0.5 (30 proceedings is half an hour).
P(pause < 30 minutes) = 1 - e^(-2 * 0.5)
Calculating this verbalization, we find:
P(interval < 30 minutes) = 1 - e^(-1)
Using the rapid change distribution, this odds is approximately 0.632 or 63.2%.
Therefore, the feasibility that the interval betwixt two successive breakdowns is inferior 30 minutes is approximately 0.632 or 63.2%.
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find the present value of an ordinary annuity which has the payments of 1400 per year for 9 years at 5% compounded annually
The present value of an ordinary annuity which has the payments of 1400 per year for 9 years at 5% compounded annually is $10,881.79.
In order to find the present value of an annuity, we must use the formula for the present value of an annuity, which is
Pmt(1-(1+r)-n)/r where Pmt is the payment, r is the interest rate, and n is the number of payments.
Substituting the given values, we have:Present value = $1,400(1-(1+0.05)-9)/0.05= $1,400(1-(1.05)-9)/0.05= $1,400(1-0.4665)/0.05= $1,400(0.5335)/0.05= $10,881.79
Therefore, the present value of an ordinary annuity which has the payments of 1400 per year for 9 years at 5% compounded annually is $10,881.79.
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ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answer:
understanding the interest rate
Explanation:
i took the test
under which circumstances is it permitted to share an unclassified draft document
The circumstances upon which it is permitted to share an unclassified draft document is:
"when the document is approved for public release."
According to regulations guiding business operations, it can share an unclassified draft document if and when it is approved for public sharing.At this point, individuals may share such documents outside of DoD.Hence, in this case, it is concluded that an individual is permitted to share unclassified draft documents with a non-DoD professional discussion group.
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List the four parts of the business cycle.
Expansion, peak, contraction and trough is the answer