The EFQM Excellence Model is a non-prescriptive business excellence framework for organizational management, promoted by European Foundation for Quality Management (EFQM) and designed for helping organizations to become more competitive. a) Illustrate with a neat diagram of the EFQM model, how the organizations can be more competitive in its business. b) What are the benefits of using EFQM model?

Answer: See explanation

Explanation:

• clinical psychologist - Ph.D. with lIcensure or certification, depending on the state in which you Iive.

A clinical psychologist psychologist is someone who is highly trained, experienced and qualified to diagnose and also treat patients with mental issues.

• concierge - on the job training.

A concierge simply refers to an employee in an hotel who assist guests in making reservations and also attend to their needs. They require on the job training to perform their role well.

• cosmetologist - vocational school and state licensure.

The cosmetologist is an individual who works in the beauty industry and their role is to give individuals a better appearance and make them more beautiful. Such people need to go to vocational school and also require state licensure to practice.

• Childcare director- a bachelor's degree In early childhood development.

A childcare director mainly works in schools or educational sector and they help in developing educational programs, supervision of preschool teachers, etc.

In the example provided, Mr. Farmer borrows $100,000 for one year with a simple interest rate of 5%. To calculate the interest he will pay for borrowing the money, we use the formula: Principal x Interest Rate x Time. In this case, it is 100,000 x 5% x 1, which equals $5,000. This means that Mr. Farmer will pay $5,000 in interest to borrow the money for one year.

It's important to note that simple interest does not include any additional fees that may be associated with loans, such as origination or service fees. These fees can increase the total cost of a loan, but they are not included in the simple interest calculation. As a result, simple interest may not accurately reflect the full cost of borrowing money.

Furthermore, simple interest does not take into account the compounding effects of interest charged over time. Compounding refers to the process of earning interest on both the principal and the previously earned interest, which can increase the total amount of interest paid on a loan.

Simple interest calculations only consider interest earned on the original principal amount, which can result in an underestimation of the total interest paid over time.

In summary, while simple interest provides a straightforward method for calculating the interest paid on a loan, it does not include additional fees or the compounding effects of interest over time. Consequently, it may not accurately represent the true cost of borrowing money.

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At the point of sale, the referral sales technique encourages customers to buy extra services, goods, or add-ons.

Any exchange of tangible or intangible commodities, services, or assets services for cash between two or more persons is referred to as a sale. In some sales situations, a seller is compensated with assets other than cash.

A deal between a buyer and a seller regarding a financial security's price and precise delivery arrangements is referred to as a sale in the financial sales markets.

Whatever the circumstances, a sale is fundamentally a contract between services a vendor offering a certain commodity or service and a customer willing sales to pay for it.

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Accidents in the workplace can be reduced by identifying hazards, implementing safety measures, training employees, maintaining equipment, keeping the workplace clean and organized, encouraging open communication, and evaluating.

1. Identify hazards: Conduct a thorough assessment of the workplace to identify potential hazards that may lead to accidents.

2. Implement safety measures: Establish and enforce safety policies and procedures, such as proper use of equipment and protective gear, to address the identified hazards.

3. Train employees: Provide regular training and workshops for employees to ensure they are aware of the safety procedures and can effectively follow them.

4. Maintain equipment: Regularly inspect and maintain all equipment and machinery to ensure they are in good working condition and free from defects that could cause accidents.

5. Keep the workplace clean and organized: Implement a system for keeping the workspace tidy and clutter-free, as this can help prevent accidents caused by tripping or falling objects.

6. Encourage open communication: Encourage employees to report any potential hazards or concerns, and address these issues promptly to maintain a safe working environment.

7. Monitor and evaluate: Regularly review the effectiveness of your safety measures and make necessary adjustments to continually improve workplace safety.

By considering these steps, you can effectively reduce accidents in the workplace and create a safer environment for all employees.

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It is a false statement that outsourcing some process in production is a means of supporting a constraint.

An outsourcing refers to act of hiring external body to perform services that are normally performed in-house of the company by the employees.

Rather, the use of outsourcing some of production is intended to overcome some organization constraints.

Therefore, the statement is false.

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The MOST correct combination of outputs from the service value chain activities directly relating to the shortcomings discovered by the IT executive is: Design & transition activity : portfolio decisions; Operations: user support tasks.

The Design & transition activity in the service value chain involves the planning and coordination of new and updated services. Portfolio decisions are one of the key outputs of this activity that would help address the shortcomings discovered by the IT executive.

Operations is another activity that involves the delivery and support of services, and user support tasks are a key output that could address the shortcomings discovered by the IT executive. Therefore, the MOST correct combination of outputs from the service value chain activities directly relating to the shortcomings discovered by the IT executive is Design & transition: portfolio decisions and Operations: user support tasks.

The service value chain is a set of interconnected activities that IT service providers use to deliver value to their customers. The key outputs of these activities help to ensure that IT services are delivered effectively and efficiently.

The Design & transition activity involves planning and coordinating new and updated services. The key outputs of this activity include portfolio decisions, which help to prioritize investments and ensure that resources are used effectively. Operations, on the other hand, involves delivering and supporting services.

The key output of this activity is user support tasks, which help to address the needs of end-users and ensure that they can use IT services effectively. By combining these outputs, IT service providers can ensure that their services are designed, delivered, and supported in a way that meets the needs of their customers and addresses any shortcomings that may be discovered by IT executives.

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According to O*Net the most common level of education required for an Actor is a High School Diploma or equivalent.

An actor is considered to be highly able to perform in public and must be able to directly working with them, also the actors are required to have a good communication skills for interviews. An actor also needs to possess the characteristics like creative thinking, maintaining good interpersonal relationships with others and active in physical activities.

Therefore the characteristics required to become an actor is more than the level of education required.

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Annual elasticity is more elastic (since firms can switch to other production methods or lower-cost inputs quicker in the long run, compared to in the short run), and the annual supply curve is flatter.

A supply curve constitutes a graph that depicts how the quantity that a vendor supplies is impacted by changes in the selling price of an item or service. The horizontal x-axis shows the quantity supplied, and the vertical y-axis shows the price.

The supply curve changes to the right when the alteration in supply is higher and to the left when the increase in supply is lower.

Using the midpoint method,

Elasticity (Es) = [(Q1 - Q0) / (Q1 + Q0)] / [(P1 - P0) / (P1 + P0)]

= \([(210,000 - 200,000) / (210,000 + 200,000)] / [(7.5 - 5) / (7.5 + 5)]\)

= \((10,000 / 410,000) / (2.5 / 12.5)\)

= \(0.12\)

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It is a false statement that one's rent will always remain the same once you lease a location.

It is a contract that outlines the terms under which one party agrees to rent an asset that is owned by another party.

This agreement is for a limited period whereby the lessee will be paying for an agreed amount for the specified period.

However, the agreement is open to negotiation for adjustment from time to time.

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Answer:

0.43

Explanation:

The computation of the weight of Security A for the minimum variance portfolio is shown below:

Weight of security A is

= (Standard deviation of Security B) ÷ (Sum of the standard deviation of securities)

= (12%) ÷ (16% + 12%)

= (12%) ÷ (28%)

= 0.43

We simply applied the above formula so that the weight of Security A

Answer:

About 2 checks a month.

Explanation:

Biweekly means that a person is getting paid every 2 weeks. There are about 4 weeks in a month. So 4/2 = 2. The number of checks a person would get if they were paid biweekly.

Two paycheck each month are usual for those who are paid biweekly. Due to the fact that there are 26 biweekly periods and 52 weeks in a year, this is the case. If you receive your paychecks every two weeks, you will receive 24 paychecks in a year since there are 12 months in a year.

A paycheck, which can also be written as paycheque, pay check, or pay cheque, is often a paper document (a cheque) issued by an employer to reimburse an employee for services provided.

In recent years, computerized direct transfers to an employee's chosen bank account or funds paid  loaded onto a payroll card have increasingly taken the role of paper paychecks.

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The average income per person in lower-income countries has increased significantly in the past thirty years.

Over the past three decades, lower-income countries have experienced notable growth and development, resulting in an upward trend in average income per person. Factors such as globalization, technological advancements, improved access to education and healthcare, and increased investment in infrastructure have contributed to this positive economic transformation. As a result, people in these countries have witnessed improvements in their living standards, reduced poverty rates, and expanded economic opportunities. While challenges still persist, the overall trajectory indicates a positive shift towards higher average incomes and improved well-being for individuals in lower-income countries.

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Circle graphs are frequently used for budgets and other financial reasons because they show how individual parts relate to the whole.

Charts and graphs condense a lot of information into simple formats that convey key ideas clearly and effectively. To illustrate information and statistics, use a circle graph or pie chart. Typically, a circle graph is used to quickly and proportionately display the findings of an inquiry.

The junction graph of a chord diagram is a circle graph. In other words, it is an undirected graph whose points can be connected by a finite set of circle chords, with two vertices being connected only when their corresponding chords cross.

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Therefore, to calculate the total revenue, we add the economic profit and explicit costs. In this case, the firm's total revenue would be $23,000.

The firm's accounting profit is $15,000, which is the difference between its total revenue and explicit costs. The implicit costs are $2,000, which represents the opportunity cost of the resources used by the firm. Therefore, the economic profit is $13,000, which is the difference between the accounting profit and the implicit costs.

To calculate the total revenue, we need to add the economic profit and explicit costs. Since the economic profit is $13,000 and the explicit costs are $10,000, the total revenue would be the sum of these two amounts.

Total revenue = Economic profit + Explicit costs
Total revenue = $13,000 + $10,000
Total revenue = $23,000

Therefore, the firm's total revenue must be $23,000.

To calculate the total revenue, we add the economic profit and explicit costs. In this case, the firm's total revenue would be $23,000.

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The key indicators that control of goods or services has been transferred to the customer are Customer has an obligation to pay and Customer accepted the risks and rewards of ownership.The correct answer among the given options are A and C.

A) Customer has an obligation to pay: When a customer has an obligation to pay for the goods or services, it indicates that the control has been transferred to them.

This means that the customer is responsible for making the payment, which is a clear indication of their ownership and control over the goods or services.

C) Customer accepted the risks and rewards of ownership: If the customer has accepted the risks and rewards of ownership, it signifies that control has been transferred to them. This means that the customer bears the risks associated with the goods or services, such as loss or damage, and also enjoys the benefits or rewards that come with ownership, such as the right to use or sell the goods.

B) Customer has legal title to the asset: Although legal title to the asset can be an indicator of control transfer, it is not always necessary. Control can be transferred to the customer even if legal title remains with the seller.

For example, in cases of leasing or financing arrangements, the customer may not have legal title to the asset but still have control over its use.

D) Customer signed a legally enforceable contract: While a contract is important for establishing the terms and conditions of the transaction, the mere signing of a contract does not necessarily indicate that control has been transferred.

The transfer of control is determined by the actual performance of the obligations outlined in the contract.

In conclusion, the key indicators that control of goods or services has been transferred to the customer are A) Customer has an obligation to pay and C) Customer accepted the risks and rewards of ownership.

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Answer:

uhh The president will stay the same

Explanation:

I'm smart :)

Answer:

c. cash equivalent

Explanation:

highly liquid means can be made into cash quickly

Cash equivalent examples are money market funds Treasury bills. Treasury notes. Commercial paper.

in 2008 a problem with money market funds signaled a banking crisis. banks were giving mortgages to people with bad credit histories. on top of that those mortgages were insured so if someone couldn't pay the mortgage the insurers would pay. but at that time there were too many people who couldn't pay mortgages

a. stock is a share of ownership in a company. can't make it into cash unless you sell it.

d. mutual fund : basically a stock of stocks. company gathers money to buy a bunch of different stocks. whole thing is called a portfolio. company sells stocks of that portfolio. those stocks are mutual funds.

b. a bond is basically a loan. bond lasts for a period of time. can't sell it until that period is over. otherwise there is a penalty.

.

hedge funds : the words hedge in hedge means to reduce risk. they make it for people with more money. it combines risky, non risky, long term, & short term investments to hedge or reduce risk.

The optimal response is statement F since it indicates the possibility that Ms. Versine will repay the entire amount on schedule.

As a fundamental time management tool, a schedule or timetable is made up of either a list of potential times for tasks, events, or actions, or it is made up of a series of events that are supposed to happen in the order that they are supposed to happen. Scheduling is the act of choosing how to prioritise resources among the various tasks that can be completed and how to arrange them on a schedule.

The person who is in charge of producing a certain schedule is sometimes referred to as a scheduler. Scheduling is a human activity that has been practised for ages. According to some scenarios, making plans is a form of life-skills education.

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Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.

A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.

The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.

Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.

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Answer:

Explanation:

Apoptosis is an important biological process that regulates cell death and is essential for development, tissue homeostasis, and immune defense. Apoptosis-inducing signals can be transduced through intrinsic and extrinsic pathways to activate the initiator caspases.

The intrinsic pathway is initiated by cellular stress, such as DNA damage, hypoxia, or oxidative stress. These stress signals can activate the tumor suppressor p53, which in turn induces the expression of pro-apoptotic proteins such as Bax, Bak, and Puma. These proteins induce the release of cytochrome c from the mitochondria, which binds to Apaf-1 to form the apoptosome complex. The apoptosome complex recruits and activates initiator caspase-9, which then cleaves and activates the effector caspases-3, 6, and 7. This results in the cleavage of various cellular substrates, leading to the characteristic morphological and biochemical changes seen in apoptosis.

The extrinsic pathway, on the other hand, is initiated by extracellular signals such as cytokines, death ligands, or immune receptors. These signals bind to their respective receptors on the cell surface, which then activate caspase-8 through the recruitment of adaptor proteins such as FADD. Caspase-8 can also directly cleave and activate the effector caspases, leading to apoptosis. In some cases, the extrinsic pathway can also activate the intrinsic pathway through the cleavage of the pro-apoptotic protein Bid, which then translocates to the mitochondria and induces cytochrome c release.

In summary, apoptosis-inducing signals can transduce through both intrinsic and extrinsic pathways to ultimately activate the initiator caspases. These pathways intersect at various points and can crosstalk, leading to a coordinated and regulated cell death process.

The consumer spending expenditure method used to calculate GDP includes spending on food.

The expenditure method is a way of figuring out gross domestic product (GDP) that includes net exports, government spending, investment, consumption, and investment. It is the most typical method of estimating Gross domestic product. It states that everything the government spends and all private sector spending, including consumer and business spending, must equal the total value of all finished goods and services produced over a specific time period. For calculating the Gross domestic product, the income approach can be contrasted with the expenditure approach for better results.

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Consumer spending money on food is part of the expenditures approach for calculating the GDP.

Consumer spending is the total money which is thus spent on final goods and services by households or individuals for their personal use and enjoyment in an economy. This also drives a significantly large part of U.S. GDP. As it makes one of the biggest determinants of economic health.

Consumption includes personal or consumer expenditures. In other words, this measures the dollar value of goods and services purchased by consumers. Thus, such items would include food, clothing, and transportation. Whereas, any new purchases by consumers can be counted as part of the GDP.

Hence, option A is corrcet.

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To achieve a weekly profit of $300, the company must sell 60 items. This is determined by solving the profit equation, considering the cost and revenue functions provided in the problem statement.

To find the number of items that must be sold to obtain a weekly profit of $300, we need to calculate the profit function and then solve for the corresponding value of x.

The profit (P) is given by subtracting the cost (C) from the revenue (R)

P = R - C

Substituting the given expressions for revenue and cost

P = (84x - 0.3x²) - (60x + 60)

P = 84x - 0.3x² - 60x - 60

P = -0.3x² + 24x - 60

We want the profit to be $300, so we set P equal to 300:

-0.3x² + 24x - 60 = 300

Rearranging the equation and setting it equal to zero

-0.3x² + 24x - 360 = 0

Now, we can solve this quadratic equation using factoring, completing the square, or the quadratic formula. Let's use the quadratic formula:

x = (-b ± √(b² - 4ac)) / (2a)

For our equation, a = -0.3, b = 24, and c = -360. Plugging these values into the formula

x = (-(24) ± √((24)² - 4(-0.3)(-360))) / (2(-0.3))

Simplifying further

x = (-24 ± √(576 - 432)) / (-0.6)

x = (-24 ± √144) / (-0.6)

x = (-24 ± 12) / (-0.6)

This gives us two possible solutions

x = (-24 + 12) / (-0.6) = -12 / (-0.6) = 20

x = (-24 - 12) / (-0.6) = -36 / (-0.6) = 60

Since we are interested in the number of items sold, we take the positive value, x = 60.

Therefore, to obtain a weekly profit of $300, the company must sell 60 items.

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When the actual change in the price level differs from its expected change, menu costs and mistaking a price level change for a change in relative prices can explain why firms might change their production. The correct answer is option B.

Menu costs are the expenses incurred by firms in order to change their prices in response to changes in economic conditions. Menu costs include the cost of printing new menus, the cost of reprogramming digital signage, and the cost of re-pricing goods. Furthermore, menu costs can influence the behavior of suppliers and the economy in general.

Mistaking a price level change for a change in relative prices happens when producers of a particular product believe that the price of their product has risen, when in reality, the price of all other goods and services has risen and the price of their product has remained constant. As a result, the producers increase the production of their product, believing that it is in higher demand, only to find that the demand for their product is the same.

When the actual change in the price level differs from its expected change, menu costs and mistaking a price level change for a change in relative prices can explain why firms might change their production.

Hence, the correct answer is option B.

The complete question must be:

When the actual change in the price level differs from its expected change, which of the following can explain why firms might change their production?

a. both menu costs and mistaking a price level change for a change in relative prices

b. menu costs but not mistaking a price level change for a change in relative prices

c. mistaking a price level change for a change in relative price but not menu costs

d. neither menu costs nor mistaking a price level change for a change in relative prices

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Answer:

Preservation of value

Explanation:

One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.

Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.

It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.

Answer:

A) Preservation of value!

Explanation:

This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.

Answer:

A. They set limits on the total amount of imported goods.

Explanation:

Just took the test and it was this!!

Standards act as barriers to trade because they tax imported goods in order to increase their price. Thus, option (c) is correct.

What is trade?

The process of buying and selling commodities and services is referred to as “trade.”  Trade is a form of economic activity.

The tax on imported goods and services, which is an adverse effect of raising product prices, is the biggest obstacle to trade. As prices rise, there will be a shortage of goods.

Therefore, option (d) is correct.

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Maricopa Success invested $181747.46 in stocks, $764126.27 in bonds, and $754126.27 in CDs.

Let x be the amount invested in CDs. Therefore, the amount invested in bonds is x + 10000.

Since the total amount invested in the three accounts is $200000, then the amount invested in stocks is 200000 - (x + x + 10000) = 180000 - 2x - 10000 = 170000 - 2x.

The annual income from CDs is given by 4.25/100x, the annual income from bonds is given by 4.3/100(x + 10000), and the annual income from stocks is given by 9.6/100(170000 - 2x).

Thus, the equation that models the total annual income from the three investments is:

4.25/100x + 4.3/100(x + 10000) + 9.6/100(170000 - 2x) = 11747.5

Multiplying by 100 to get rid of the percentage, we have:4.25x + 4.3(x + 10000) + 9.6(170000 - 2x) = 11747500

Simplifying the equation above:

4.25x + 4.3x + 43000 + 1632000 - 19.2x = 11747500

15.35x = 11747500 - 43000 - 1632000

15.35x = 11571500x = 754126.27

Therefore, the amount invested in CDs is $754126.27, the amount invested in bonds is $764126.27, and the amount invested in stocks is $181747.46.

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When there is a videoconference, the one that would provide the best background is a blank wall with a plant and some books on a shelf. Hence, Option A is correct.

Through the use of video conferencing technology, remote employees can communicate. The technology allows two or more people who are dispersed across several locations to have live audio and video connections.

A style of teleconference in which there are more than two participants and who use a computer, smartphone, etc. to send and receive both audio and video data.

Therefore, Option A is correct.

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Although abels manufacturing has facilities in several​ countries. Abels manufacturing would be described as a global company.

A global corporation is a company that operates internationally but keeps management and other decision-making local to the home country. The term "global" denotes the entire world, yet a global corporation is not required to operate globally. It is a company that conducts business in at least one country other than its own. There are many categories depending on their vast size, wide range of products, technical developments, marketing techniques, and extensive worldwide network of activities.

Global firms have a network of subsidiaries spread across many different countries that they use to extend their marketing and production activities. Their objective is to labour across several international boundaries and earn income in numerous different national currencies.

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