It requires the completion of the sentence, including the term "what is the amou." However, it is possible to solve the first part of the sentence, which is a calculation question: During the current year, merchandise is sold for $854000.
The cost of the merchandise sold is $540000. What is the amount of the gross profit for the year?The gross profit for the year can be calculated by subtracting the cost of the merchandise sold from the revenue (merchandise sold) of the year. Gross profit = revenue - cost of goods soldTherefore, the gross profit for the year is $314,000 ($854,000 - $540,000).Now to answer the second question which says "If the gross profit is $314,000 and the operating expenses are $177,000, "Net income" refers to the total income after deducting all expenses.
Thus, it can be calculated by subtracting all the operating expenses from the gross profit. Net income = gross profit - operating expenses Therefore, the net income for the year is $137,000 ($314,000 - $177,000).To answer the third question that says "If the cost of merchandise sold was 64% of the merchandise sold, what was the amount of the merchandise sold?" To answer this, we will first find the gross margin percentage. Gross margin percentage is the difference between revenue and cost of goods sold as a percentage of revenue. Gross margin percentage = ((Revenue - Cost of Goods Sold) / Revenue) × 100The gross margin percentage can be rearranged as follows: Revenue = Cost of Goods Sold / (1 - Gross margin percentage)Therefore, Revenue = $854,000 / (1 - 0.64) = $2,383,333.33Therefore, the amount of the merchandise sold was $2,383,333.33.
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What are the four general categories of quality costs?.
The four general categories of quality costs are internal failure, external failure, prevention, and appraisal.
What is the quality cost?Quality cost is a methodology that allows an organization to identify how much of its resources are spent on activities that prevent poor quality.
It assesses the quality of the firm's products or services, and result from internal and external failures.
Thus, the four general categories of quality costs are internal failure, external failure, prevention, and appraisal.
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Any recommendations of how to convince my parents to get me a dog?
Answer:
ok so u have to get a pet rock first u name it u take it out to go to the bathroom and everything u would do with a dog and it shows your parents you're ready for one u have to show them that u know how to take care of one first
Explanation:plz mark me branlyiest this worked for me so yea hope it helped
HELP PLEASE SOS
carrefour's type of delegation and it's advantages and disadvantages
Answer:
advantages: delegations involve the assignment to others authority for specific functions, tasks, and decisions.
disadvantages: delegations reduces management, stress, workload.
Audit procedures used to obtain evidence with respect to the fairness of an account balance are referred to as:_______
Audit procedures used to obtain evidence with respect to the fairness of an account balance are referred to as substantive procedures.
Substantive procedures are performed by auditors to gather sufficient and appropriate evidence regarding the accuracy, completeness, and validity of the account balances reported in the financial statements.
Substantive procedures can include various techniques and tests.
1. Analytical procedures: These involve the evaluation of financial information and relationships to assess the reasonableness and consistency of the account balances. It includes comparing current year balances to prior periods, industry standards, budgets, or other relevant benchmarks.
2. Testing of details: This involves the examination and verification of individual transactions, account balances, or supporting documentation. It may include procedures like vouching (tracing transactions from the source documents to the accounting records), confirmation of balances with third parties, physical inspections, or recalculations.
3. Reconciliation and review: This involves reviewing reconciliations of account balances, comparing subsidiary records to general ledger control accounts, and investigating and resolving any significant discrepancies or differences.
4. Substantive analytical procedures: These involve the development and use of financial and non-financial data analysis to identify unusual or unexpected relationships or trends that may indicate potential misstatements or risks.
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a european works council is a transnational, company-level committee of employees that gives workers the opportunity to learn about their company's financial health and future plans and to have a voice in providing feedback and ideas about these plans.
It is true that a European Works Council is a transnational, company-level committee of employees that gives workers the opportunity to learn about their company to have a voice in providing feedback.
European Works Councils are organizations that represent a company's European employees. Workers are informed and consulted by management about the progress of the business as well as any significant decisions made at the European level that may affect their employment or working conditions. European Works Councils (EWC) are information and consultation bodies that represent employees in multinational corporations in Europe.
Here is the complete question-
State if this statement is true or false.
A European Works Council is a transnational, company-level committee of employees that gives workers the opportunity to learn about their company's financial health and future plans and to have a voice in providing feedback and ideas about these plans.
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Pls help this is timed
Answer:
It's the first one Co-signer or gardien to make sure someone will repay
Answer:
The first one: Co-signer or Guaranteer to ensure someone else will repay.
Explanation:
This person is usually a parent of guardian but it's not required that they are. The bank just wants to make sure they'll get their money.
1. The arc is between the and the base metal.
A. electrode flux
B. tungsten electrode
C. shielded metal electrode
D. electrode holder
Answer:
B. tungsten electrode
Explanation:
Which of the following marketing jobs is most likely to require strong
analysis, organization, and communication skills?
A. Sales representative
B. Public relations specialist
C. Marketing research analythm
D. Social media manager
Answer: C: Marketing research analythm
Explanation: Market research analysts gather and analyze data on consumers and competitors.
The following marketing jobs that are most likely to require strong analysis, organization, and communication skills is Marketing research analythm. The correct option is c.
What is a marketing research analyst?Marketing research analysts gather and analyze data on consumers and competitors. Market research analysts study consumer preferences, business conditions, and other factors to assess potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
Market research analysts sometimes called market researchers help companies develop or maintain a competitive edge by finding and delivering data-backed insights into potential markets, competitors, and even customer behavior. They’re an integral part of a company’s overall marketing strategy and in-demand across multiple industries.
Market research analysts pore over trending keywords, survey responses, social media mentions, and other data to find answers. In essence, they transform information into actionable insights that will help companies develop everything from competitive product launches to effective marketing campaigns.
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What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answer: How quickly inventory sells
Explanation: just took the test
1. What is the annual percentage rate (APR) for this credit card?
2. For cash advances what is the APR?
3. What three things would move the APR for the balance on this credit card to 28.99%?
4. What is the annual fee that customers are charged for holding this credit card?
5. If you decided to transfer the balance from another credit card to this credit card, what would be the fee charged?
a. What would be the APR charged for the transferred balance?
6. What is the fee for a cash advance?
7. If you use this credit card in a foreign country, what would be the fee on each transaction you made in the foreign country?
8. If you are late on making a payment, what would be the fee charged?
9. What would be the fee charged if you went over your credit limit?
Answer:
1. For purchases, the APR during an introductory period is either 8.99% or 10.99% or 12.99% depending on creditworthiness. After the introductory period the APR is 14.99%
2. Cash advance monthly rate changes based on what the Prime Rate is that month + 14.99% so if the prime rate is 3, add 14.99 to that so 17.99% of the amount received in cash. So if you take $200 cash advance, the amount charged at 17.99% would be 0.1799 x 200 =$35.98.
3. If the card holder does any of the following: makes a late payment, goes over their stated credit limit, make an account payment that is returned, or commit the afore mentioned acts on another account held by this same creditor the APR is then increased to 28.99%.
4. The annual fee charged for the credit card is $20.
5. The fee for a balance transfer is Either $5 or 3% of the amount that is transferred or $100 (whichever is greater) to this card from another account.
a. The APR charged for a balance transfer is 15.99%, but would vary based on the market Prime Rate.
6. Fee for cash advance is $5 or 3% of the amount of cash advance taken - whichever amount is largest.
7. 2% of the amount charged (in US dollars) in a transaction.
8. A late fee of $25 will be charged on an account with a balance of $999 or less. If the account balance if over $1000 the late fee of $35 will be charged and the APR will increase to 28.99%.
9. A fee of $29 is charged for accounts that exceed the credit limit in addition to an APR increase to 28.99%
Explanation: explanations are with the answers listed above.
this is for you so i dont feel bad
What is the difference between a routine and a major decision
Answer: routine decision- the type made every day without much though
planned decision- use more time and energy to make the best choice
Explanation: i really hoped it helped.
Digital marketing returns are determined by three factors? A) cost per exposure, B) customer concentration, and C) the effectiveness of each exposure. The return on investment roughly follows this mathematical relationship:
Yes, digital marketing returns are determined by the three factors you mentioned - cost per exposure, customer concentration, and the effectiveness of each exposure. The cost per exposure refers to how much it costs to reach each potential customer through digital marketing channels.
Customer concentration refers to the size and location of the target audience. Finally, the effectiveness of each exposure refers to how well the content loaded onto digital marketing channels is received by the target audience. The return on investment (ROI) can be calculated by considering the total cost of the digital marketing campaign and the revenue generated from it. Generally, the higher the ROI, the more successful the digital marketing campaign. These factors influence the return on investment (ROI) in content-loaded digital marketing campaigns, as they help measure the performance, reach, and impact of the marketing efforts on the target audience. The ROI can be calculated by evaluating the returns generated from these factors against the investment made in the marketing campaign.
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Which of the following is not an example of professional behavior
?
An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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Unit 4 Marketing Information Systems Test
Answer:
bro what tryna say in this question
Which of the following is a reason you can be fired under an employment at
will policy?
A. The company relocates to a smaller facility.
B. The company learns that your parents were born in Russia.
C. The company suspects you are stealing inventory.
D. The company wants to hire a younger worker.
Answer:
A
Explanation:
Cause they might need new people if they relocate Nd might fire a lot of ppl if the working space is small
The epicurean society is holding its annual election for president. the three candidates are a, b, and
c. twentytwenty percent of the voters like upper bb the most and upper aa the least. forty forty percent of the voters like upper aa the most and upper cc the least. of the remaining 234234 prefer upper cc to upper bb and upper bb to upper aa, and 702702 prefer upper cc to upper aa and upper aa to upper bb. write out the preference schedule for this election.
Answer:
b
Explanation:
On average, how much money do you spend per week?
Answer:
id say anywhere from 0-10 dollars
Explanation:
what will happen as a consequence of the following 2 events occurring and affecting the market for (physical/non electronic copies of) books?
Option B is correct. The consequence of the following 22 events will be P ambiguous and Q decreases where Q is quantity of books demanded and P is Price of Books
Event #1: People are slowly but surely adjusting to reading from cellphones and tablets. This event is likely to decrease the demand for physical books, as more people are shifting to reading electronic books. This will result in a decrease in the quantity of books demanded (Q) in the market.
Event #2: UPS now offers low cost transportation service for book publishing companies as part of their "Make America Read Again" campaign. This event is likely to lower the costs of publishing and distributing books, making it easier for publishing companies to get their books to market. However, this event does not necessarily affect the price of books (P) in the market, and as such, it is ambiguous.
In summary, as a consequence of these two events, the Quantity of books demanded in the market (Q) decreases while the price of books (P) is ambiguous.
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Complete Question is -
What will happen as a consequence of the following 2 events occurring and affecting the market for books? Event #1: People are slowly but surely adjusting to reading from cellphones and tablets.
Event #2: UPS now offers low cost transportation service for book publishing companies as part of their "Make America Read Again" campaign.
A.P decreases and Q ambiguous
B.P ambiguous and Q decreases
C.P increases and Q ambiguous.
D.P ambiguous and Q increases.
Performance Appraisal Issues Jocelyn took a deep breath and took another look at the clock. It was 5:45 p.m. and still no Melvin. Start Up Central was running its fifth session in the eight-week Hatchery program from 6:00 p.m. until 8:00 p.m., and Melvin was scheduled to facilitate the session. The front door bells jingled and two more keen entrepreneurs entered the collision space for the reception before the session. They hung up their coats and headed toward the coffee and snack station. joining the other entrepreneurs gathered in anticipation of tonight's session. The event calendar indicated they should expect representatives from 12 early-stage companies, although Jocelyn knew from experience that others might decide to show up at the last minute. Tonight was their practice pitch event and all representatives would get the opportunity to spend three minutes describing their business opportunity to the mock investors in the room and receive feedback on their performance The entrepreneurs had been generating their business canvases and crafting their pitch decks in the weeks since the Hatchery program had begun. On the final night just three weeks from tonight, they would be pitching their business opportunities to an angel investment crowd in the greater Toronto area Back when Start Up Central was just getting off the ground, Jocelyn had led the Hatchery program herself She was the inaugural executive director of Start Up Central, which was founded by a group of serial entrepreneurs in the Toronto aren. The group had put seed money into Start Up Central with a view to developing new entrepreneurs in a boot camp type fashion. Jocelyn herself had built a social marketing company that had been acquired by Forbes four years ago. With a successful experience building Page 23 and then exiting a startup herself, she found the executive director role filled her desire to give back to the community by connecting new entrepreneurs with the various resources they needed to make their business dreams come true. Building Start Up Central and setting new entrepreneurs up for success was ord Chan job to Jocelyn it had become her life's work. But there was a reason she had hired Melvin to now shoulder some of the Start Up Central workload Jocely eelt at hier des since before 8 am that morning. She had met with their advisorsroun over 4 Teported From lunch, provided input on a panel to the Ontario provincial government about their Young Entrepreneurs program, and placed calls to secure business advisors for the next round of the Hatchery program beginning in the fall. When Jocelyn had decided to bring on an entrepreneur-in-residence (ER). Melvin had come strongly recommended by one of the advisors on the Start Up Central advisory group. When she had met with him, he exuded confidence and was credible in the EiR role. He had been a serial entrepreneur for 10 years, but was still "relatable to the new entrepreneur crowd. In Jocelyn's experience, the distance between start-up hopefuls and some of the successful entrepreneurs in the greater Toronto area was perceived as vast. As well, the travel and commitment schedules of many of the super successful entrepreneurs meant they weren't available for eight Wednesdays in a row to help with the Hatchery program. Through his EiR role, Melvin was still able to be engaged in his own start-up ventures, but he received a stipend from Start Up Central to act as an advisor one-on-one to the start-up companies in their programs and to attend their events. Jocelyn thought that the $50,000 per year stipend they were paying him was at least enough to get him to show up for the Hatchery program as the lead facilitator. Jocelyn pushed back her chair and sighed. She stood up and grabbed her suit jacket, prepared to go out and lead tonight's practice pitch event. She put a smile on her face and tried to leave her frustration with Melvin behind as she went out to greet the budding entrepreneurs. DISCUSSION QUESTIONS 1. Are there any differences between Melvin as an entrepreneur in-residence with a stipend as compared to an employee of Start Up Central Discuss. 2. As Jocelyn, how would you handle Melvin's absence? How would you ensure that Melvin has clear performance expectations? 3. If this was Melvin's third unexplained absence as compared to his first, how would you set up a set of steps to ensure performance improvement? St Pet 4. Is absence a reason for just cause dismissal? Explain the documentation and steps you would have to take to dismiss Melvin for just cause.
The answers to the given questions are given below:
Are there any differences between Melvin as an entrepreneur in residence with a stipend as compared to an employee of Start up central? Discuss.Yes, there is a difference between Melvin as an entrepreneur in residence with a stipend as opposed to an employee of Startup central. Entrepreneur-In-Residence (EIR) job is to create new entrepreneurial opportunities for law firms.
They offer technical advises and services to the emerging entrepreneur in their business measures and decisions to acquire clients for the law firms,
As Jocelyn, how would you handle Melvin's absence? How would you ensure that Melvin has clear performance expectation?
Like Jocelyn, the absence of Melvin is to be dealt with with with extremely carefully in the professional world, making it important to take into account Melvin's unprofessional attitude.
Since it might give the entrepreneurs a negative impact as things are colliding with Jocelyn and Melvin.
To make sure that Melvin has reasonable performance goals it is receiving a whopping $50,000 per annum in grants as a lead facilitator for the hatchery programme.
If this was Melvin's third unexplained absence as compared to his first, how would you set up a set of steps to ensure performance improvement?
If it is the third unexplained absence for Melvin compared with his first, the performance improvement plan must be established by developing the following;
Melvin has a responsibility to obey the appropriate Start-Up Central instructions.
Melvin must have the duty, responsibility and place entrusted to him in his capacity as a consultant.
Melvin must be obliged to obey the policies and rules of Start-Up Central.
Start-Up Central must make sure it clearly shows that the workplace is fair for everyone.
To hold a conversation with Melvin, that it should be addressed if there is a conscious absence or if there are any valid factors, such as health conditions or personal reasons.
Start Up Central is free to call Melvin in the event that its lack of problems can not be overcome despite the performance management guidelines.
Is absence a reason for just cause dismissal? Explain the documentation and steps you would have to take to dismiss Melvin for just cause.
Yeah, absence is a justification for only dismissal.
For Melvin, he ought, before continuing with his dismissal for fair cause, to have formally been warned of his daily absence. Melvin should have again been explicitly told of the position and obligations of Melvin and why he is paid according to the contract if anything.
Melvin needs to know that his daily absence costs the business a lot for no good cause, and Start-up Central is free to step down if he does not further change his conduct. Surely, the dismissal for absenteeism for Just Cause is justified if things don't go north hand.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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In the economy of Talikastan in 2015, consumption was $5300, GDP was $8800, government purchases were $1800, imports were $650, and investment was $2000. What were Talikastan's exports in 2015?
Talikastan's exports in 2015 were $2350. To find out Talikastan's exports in 2015, we need to use the formula:
GDP = consumption + government purchases + investment + exports - imports
We already know all the values except for exports. So, let's plug in the values:
$8800 = $5300 + $1800 + $2000 + exports - $650
Now, we can simplify and solve for exports:
$8800 - $5300 - $1800 - $2000 + $650 = exports
Talikastan's exports in 2015 can be calculated by using the formula for GDP:
GDP = consumption + government purchases + investment + exports - imports
We know all the values except for exports, so let's plug in the values we have:
$8800 = $5300 + $1800 + $2000 + exports - $650
Now, we can simplify and solve for exports:
$8800 - $5300 - $1800 - $2000 + $650 = exports
$2350 = exports
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Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly. The credit union will pay Dalia 4% compounded quarterly. What is the future value of Dalia in 4 years.
Help me!!!!
Answer: $41,418.96
Explanation:
There are four quarters in a year and the interest rate is a yearly rate that should be converted to a quarterly rate:
= 4% / 4
= 1%
Delia gets paid $200 a week. There are 12 weeks in a quarter so the quarterly contribution is:
= 200 * 12
= $2,400
The number of quarters she invests is:
= 4 * 4years
= 16 quarters
As this payment is constant, it is an annuity.
Value after 4 years will be:
= Annuity * Future value interest factor of annuity, 1%, 16 periods
= 2,400 * 17.2579
= $41,418.96
How do you overcome barriers to communication?
To overcome barriers, there are many steps such as:
First, we need to Identify and understand the barriers.
Speak clearly and concisely, using simple language that is easy to understand.
Use facial expressions and gestures, to increase your verbal communication.
Ask questions to confirm that you have understood the message correctly, and provide feedback to ensure that the other person has understood your message.
These steps will help you to become a more social person and let you overcome your barriers.
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With so much business being conducted over the Internet
(electronic and virtually), why is it important to understand
cross-cultural differences in values? 300/350 words
Understanding cross-cultural differences in values is crucial in the context of conducting business over the Internet because it allows for effective communication, relationship building, and successful collaboration with individuals from diverse cultural backgrounds. It helps to avoid misunderstandings, enhance trust, and create mutually beneficial business interactions.
In today's interconnected world, the Internet has made it possible for businesses to engage with people from different countries and cultures. However, cultural values vary across societies, and what may be considered appropriate or desirable in one culture can be perceived differently in another. By understanding cross-cultural differences in values, businesses can adapt their communication strategies and practices to ensure that their messages are effectively conveyed and understood by individuals from different cultural backgrounds.
Moreover, cross-cultural understanding helps in building and nurturing relationships with international partners and customers. Recognizing and respecting cultural differences in values allows businesses to establish rapport, trust, and credibility with their counterparts. It demonstrates a willingness to appreciate and embrace diversity, which can foster stronger connections and lead to long-term business relationships.
Furthermore, understanding cross-cultural differences in values is essential for successful collaboration in virtual teams. When team members come from diverse cultural backgrounds, their values, beliefs, and communication styles can differ significantly. By acknowledging and appreciating these differences, team members can establish a foundation of mutual respect, open-mindedness, and inclusivity. This enables effective collaboration, problem-solving, and decision-making, as well as the leveraging of diverse perspectives and ideas.
In conclusion, in an era where business is conducted electronically and virtually, understanding cross-cultural differences in values is paramount. It enables effective communication, relationship building, and collaboration across cultural boundaries. By embracing cultural diversity and adapting business practices accordingly, organizations can navigate the complexities of cross-cultural interactions, avoid misunderstandings, foster trust, and achieve successful outcomes in their international endeavors.
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For Tesla, the Model S represents a
(BCG) market growth/market share matrix.
on the Boston Consulting Group
The answer is "star" and its further explanation can be defined as follows:
The Tesla Model S is pleasant during the day, but fitness and finish are something to want. When heading for just a quick ring all-around city or heading off to the other side, Model S 2020 is full of space and luxury. It is a quality rating of 7 out of 10.The Tesla Model S is the top U.S. car with an overall score of 70 in the ultra-luxury car category. The top-range model S is 373 miles long and has one of today's largest ranges. For Tesla, Model S is a star in the growth/market share matrix of the Boston Consulting Group. The hunting for a high-quality premium car, Tesla Model S.Its overall design is maybe 10-years old, but the type S still sets a baseline for all EVs, and it has an unmatched driving range. The Model S is rather costly at $80,000 on the other hand.That's why the correct answer is "star".
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Which skills are most likely to start at birth and develop as a person matures?
hard skills
work skills
people skills
soft skills
Which skills are most probable to start at delivery and broaden as a person matures? people's Skills are due to the fact you're born knowing how to interact with human beings and your skills most effectively get better as you grow up.
Skills are the learned potential to perform a motion with determined effects with accurate execution often inside a given quantity of time, power, or each. abilities can often be divided into domain-well-known and area-specific abilities.
Skills importance: They can be gentle capabilities, inclusive of problem-fixing abilities, powerful communique, or time control, or hard competencies, like pace typing, and the use of Powerpoint or Excel. sense unfastened to encompass any widely wide-spread abilities even if they may be no longer particularly required or cited within the activity description.
A critical skill is an important developed potential or capacity obtained via planned, systematic, and sustained efforts to easily and adaptively carry out complicated activities or activity functions regarding ideas, matters, and/or human beings. non-public talents are acknowledged as soft capabilities which are not clean to educate (despite the fact that no longer impossible). they're additionally referred to as interpersonal or even 'human beings' capabilities. Examples encompass dependability, adaptability, motivation, trouble-fixing, and analytical competencies.
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People skills are most likely to start at birth and develop as a person matures.
Childhood social and personality improvement emerges via the interplay of social impacts, biological maturation, and the kid’s representations of the social world and the self. This interaction is illustrated in a discussion of the impact of great relationships, the improvement of social know-how, the increase of personality, and the improvement of social and emotional competence in youth.
This interaction may be discovered within the development of the earliest relationships among babies and their mother and father in the first yr. sincerely all toddlers residing in everyday circumstances increase strong emotional attachments to individuals who take care of them. Psychologists agree with that the improvement of those attachments is as biologically natural as studying to walk and not in reality a byproduct of the mother and father’ provision of food or warmth. alternatively, attachments have developed in human beings because they sell youngsters’s motivation to live close to folks who care for them.
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The policy is really tight on cash and wants to trim down their insurance premiums so they can devote more of their budget to paying off a large credit card debt.which coverage makes the most sense to eliminate
The coverage that makes the most sense to eliminate is d. They cannot eliminate any of this coverage -- it is all required by Federal law
What is the policy?The purpose of accident coverage is to support financial help for the repair or replacement of a vehicle that has maintained damage in an accident, however the party responsible for the accident.
Therefore, If the vehicle's profit is low, it might be ridiculous to invest in accident coverage, especially if the inferable is high, eventually resulting in the policyholder bearing a solid part of the repair expenses from their own pocket.
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See full text below
8.The policyholder is really tight on cash and wants to trim down their insurancepremiums so they can devote more of their budget to paying off a large credit carddebt. Which coverage makes the most sense to eliminate?a.Liability coverage, because it is the most expensive part of their billb.Collision coverage, because their car is quite old and the deductible is relativelyhighc.Uninsured motor vehicle coverage, because they already have car insurance, sothey won’t ever be uninsuredd.They cannot eliminate any of this coverage -- it is all required by Federal law
A company that views pricing as a static element in a business decision most probably:_______.
a. places a high priority on foreign business.
b. sets prices to achieve specific objectives such as targeted return on profit.
c. views export sales as active contributions to sales volume.
d. views domestic sales as an insignificant source of revenue. places a low priority on foreign business.
The company with the view of pricing as a static element in its business decision-making probably b. sets prices to achieve ...
Such a company does not place a high or low priority on foreign business compared to the high priority it sets on prices. This company does not view export sales as active contributions to its sales volume or domestic sales as an insignificant revenue source.
Thus, the company with a pricing-based decision element has some targeted returns.
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