The lower the personal cost of helping others, _____.
a. the more help we offer
b. the less help we offer
c. the higher the marginal benefit
d. the lower the marginal benefi
Answers
The lower the personal cost of helping others, a. the more help we offer.
An example of help is a person who is going out of his manner to aid you. help method to offer aid or assistance, or to improve a state of affairs. An instance of assistance is while you mow your older neighbor's garden for free. An example of assistance is whilst tutoring makes your grades get better.
Helping others improves social interaction, distracts human beings from their very own troubles, and improves and competence. bodily properly-Being - supporting others leads to expanded social integration which allows people to steer greater active existence.
The phrase is recorded as a cry of misery from overdue 14c. The experience of "serve a person with meals at desk" (1680s) is translated from French servir "to help, stead, avail," and led to supporting (n.) "part of food."
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Related Questions
a In a short response of 3-5 sentences, identify a common time-management pitfall that
you have personally experienced or are personally experiencing. Describe what time
management strategies you used to overcome that pitfall or how you will overcome the
"pitfall in the future."
Answers
Note that Procrastination is my pitfall. To overcome it, I set specific deadlines for tasks, break large projects into smaller ones and prioritize them, and use reminders to stay on track. I also try to minimize distractions while working.
What is Procrastination?Procrastination is the deliberate and unnecessary delay or postponement of something while knowing that doing so would result in negative repercussions.
It is caused by a variety of factors, including poor self-esteem, worry, a lack of organization, and, simply, an inability to inspire oneself to do unpleasant chores.
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In nims resource inventorying refers to preparedness activities conducted.
Answers
In NIMS (National Incident Management System), resource inventorying refers to the preparedness activities conducted to ensure that the necessary resources are identified, cataloged, and made available for use in response to an incident.
This process involves identifying and cataloging resources such as personnel, equipment, supplies, and facilities that may be required to support response and recovery operations.
Resource inventorying is essential to ensure that resources are available when needed, and to avoid delays and confusion during an incident.
Effective resource inventorying requires a collaborative effort between various agencies and organizations to identify and share resources.
The process includes updating the inventory regularly to reflect changes in availability or location of resources. Proper resource inventorying ensures a quick and efficient response to incidents, which is crucial in emergency situations.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
Answers
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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Tia is going to carry a large piece of scrap metal to the dumpster. It's heavy and
has sharp edges. What PPE should she use to keep herself safe?
Answers
She needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.
Personal protective equipmentPersonal protective equipment is the equipment that is used to protect us from harm or danger.
They are an important part of the costume in manufacturing industries and even in our homes.
For Tia that is going to carry a large piece of scrap metal to the dumpster, she needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.
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Cowboy Company's sales employees earn a total of $60,000 per month and are paid on the last working day of the month. Each employee's wages are subject to FICA Social Security taxes of 6.2% and Medicare taxes of 1.45% on all wages. Withholding for each employee also includes federal income tax of 12% and monthly medical insurance premiums of $3,300 for the employees. The employer payroll taxes for Cowboy Company include FICA taxes, federal unemployment taxes of 0.6% of the first $7,000 paid each employee, and state unemployment taxes of 5.4% of the first $7,000 paid to each employee. Prepare the journal entry to record the employer's payroll taxes at January 31 for Cowboy Company. (Assume that none of the employees have reached the unemployment limit of $7,000.) Prepare the journal entry to record the employer's payroll taxes at January 31 for Cowboy Company. (Assume that none of the employees have reached the unemployment limit of $7,000.)
Answers
The journal entry to record the employer's payroll taxes at January 31 for Cowboy Company is given below.
How to depict the journal entryDate: January 31, 2023
Record the FICA Social Security taxes:
Debit: Payroll tax expense (an expense account)
Credit: FICA Social Security taxes payable (a liability account)
Record the Medicare taxes:
Debit: Payroll tax expense (an expense account)
Credit: Medicare taxes payable (a liability account)
Record the federal unemployment taxes:
Debit: Payroll tax expense (an expense account)
Credit: Federal unemployment taxes payable (a liability account)
Record the state unemployment taxes:
Debit: Payroll tax expense (an expense account)
Credit: State unemployment taxes payable (a liability account)
Once you have the specific amounts for each tax, you can determine the debit and credit values for the journal entries.
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Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates the total number of horse stalls in her market to be 5000, owned by a total potential population of 1500. Currently, there are only two competitors in the market, Allison, who has 650 stalls that she cleans, and Sam's Hayfaring Maneger, that cleans 1,320 stalls. The remainder of the stalls are cleaned by their owners rather than by a service. Allison prices her cleaning services at $12 per stall per month and Sam charges $8 for the same service. Allison's sales are derived from 104 customers while Sam's are from 71 customers, meaning that Sam's customers have more stalls on a per capita basis. What is the market penetration rate based on potential customers
Answers
Answer:
the market penetration rate based on potential customers is 11.66%
Explanation:
The computation of the market penetration rate based on potential customers is shown below
= Alison + sam
= (104 customers ÷ 1500) + (71 customers ÷ 1500)
= 6.93 % + 4.73%
= 11.66%
hence, the market penetration rate based on potential customers is 11.66%
We simply added both the Alison and sam so that the market penetration rate could come
Explain one reason why a business may use social media to promote
Answers
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
memorandum of association can be amended by
Answers
Answer:
Explanation:
A company's Memorandum of Association may be changed by the shareholders passing a special resolution in a general meeting or by written resolution. A copy of the resolution must be sent to Companies House within 15 days.
Explain how companies choose employees to consider for promotion.
Answers
Answer:
Employers will look to see which workers are applying themselves. They want workers who are flexible, have good attitudes, are loyal to their company, practice good judgement, and are unselfish. Workers who go out and do work that is not formally assigned to them and expand the scope of their responsibilities are rewarded with promotions. Workers who maintain extensive professional networks and learn new skills are also prime candidates for promotion.
Answer from the person who asked the question.
Promotion is a term used in management to denote any type of persuasive marketing communication used to inform target audiences about the relative qualities of a business, resource, trademark, or subject.
Firms are looking to see if it's putting forth the effort. They seek individuals who are versatile, have positive views, are devoted to their employer, use common sense, and are selfless.
Promotion is provided to staff who go out and accomplish work that isn't explicitly assigned to them and broaden their obligations.
Employees that maintain vast business networks and continue to gain new abilities are ideal candidates for advancement.
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the expected rate of return of an investment . a. equals one of the possible rates of return for that investment b. is the mode value of the probability distribution of possible outcomes c. is the mean value of the probability distribution of possible outcomes d. is the median value of the probability distribution of possible outcomes e. equals the required rate of return for the investment
Answers
The expected rate of return of an investment is the mean value of the probability distribution of possible outcomes.
In a monetary outlook, an investment is the acquisition of goods that are not consumed these days but are used in the future to generate wealth. In finance, funding is a financial asset bought with the concept that the asset will offer earnings further or will later be offered at a higher cost price for a profit.
By means of investment, economists mean the production of products is a good way to be used to provide other items. This definition differs from famous usage, wherein choices to purchase shares (see stock market) or bonds are ideas of as investments. investment is usually the result of forgoing consumption.
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100 points
Spreadsheets
Project: Perform Spreadsheet Calculations Active
In ProgressAttempt 2
Highlighter
CyanMagentaGreeenClear Highlights
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Answer:
Good luck next year. Before i go i want to give a huge thank u to, brainly, quizlet, mathaway and more because without u all i wouldn't be able to pass. THANK U!!!
Since the mid-20th century, globalization has resulted in:
A. a decline in trade between countries on different continents.
B. rapid inflation that has devastated most world economies.
C. economies around the world becoming more connected.
D. significant improvements to the environment in most countries.
Answers
Answer:
C. economies around the world becoming more connected.
Explanation:
Globalization refers to the growing interactions between different countries. It results from the easy movement of people, ideas, technology, goods, and services across the world. Improvement in transport infrastructure, technology, and interdependence of people has accelerated globalization.
Globalization has made regions and countries more integrated. Easy movement of goods and services has increased trade and competition, making economies more dependent and connected to each other.
Answer: C. Economies around the world becoming more connected.
Explanation: Ap3x
Assume there are two profit-maximizing internet radio providers operating in this market. Further assume that they are able to collude on the quantity of subscriptions that will be sold and on the price that will be charged for subscriptions. If the firms divide the market evenly, how much profit will each company earn?
Answers
One of the postulates of game theory is that a firm will always have a single dominant strategy. A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.
The subscription enterprise version is an enterprise model wherein a consumer must pay a habitual charge at regular intervals to enter a service or product. The model was pioneered by means of publishers of books and periodicals within the 17th century,and is now utilized by many businesses, websites or even pharmaceutical agencies in partnership with the government.
in preference to selling merchandise personally, a subscription offers periodic (each day, weekly, bi-weekly, monthly, semi-annual, every year/annual, or seasonal) use or get admission to to a product or service, or, within the case of overall performance-oriented businesses together with opera agencies, tickets to the complete run of some set wide variety of (e.g., five to fifteen) scheduled performances for an entire season. thus, a one-time sale of a product can come to be a routine sale and might construct brand loyalty.
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Aggregate output is the primary measure of the economy's
O marginal output of goods and services
O total output of goods and services
O total output of goods and services expressed in real terms
O total output of goods and services adjusted for inflation
Answers
Aggregate output is the primary measure of the economy's - total output of goods and services
The costs of labor and products are the primary driver of natural market in the economy. Be that as it may, the opposite is in like manner apparent: changes in natural market impact the expense of work and items. The connection between total interest and general cost levels isn't really clear or direct. In any case, in the most wide sense (and under ceteris paribus conditions), an extension in all out interest relates with a development in the expense level. Aggregate output is the essential proportion of the economy's complete result of labor and products
Aggregate demand increases when the pieces of total interest including utilization spending, adventure spending, government perpetually spending on conveys less imports-rise.
Aggregate demand is a financial estimation of the full scale measure of finished work and items that are mentioned in an economy. This assessment is conveyed as the total amount of money exchanged for those work and items at a specific worth level and second.
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Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant. True or false?.
Answers
Quintus Horatius Flaccus also known as Horace, a Roman lyric poet, once said "Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant". Thus, the answer is TRUE.
What Horace meant by this statement was that if a person has the courage and determination to overcome challenges or seemingly impossible tasks, his true strengths might very well emerge.
A person's actual strengths will surface if they have the desire and bravery to tackle obstacles or tasks that seem insurmountable and this is known as the "adversity effect" principle, famously quoted by Horace.
This is a belief that the ability to disprove others' claims and validate your own is facilitated by self-confidence and the conviction that everything is possible.
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When problem-solving, a person should ask:
who.
how.
where.
why
Answers
Discuss the four dissimilarities between the two market structures know as oligopoly and monopolistic competition
Answers
There are several key differences between oligopoly and monopolistic competition. Here are four dissimilarities to consider:
1. Number of firms: In an oligopoly, there are only a few large firms that dominate the market, while in monopolistic competition, there are many small firms that operate independently.
2. Product differentiation: Oligopolistic firms often sell similar or identical products, while firms in monopolistic competition differentiate their products through branding, advertising, and other marketing efforts.
3. Barriers to entry: Oligopolies are typically characterized by high barriers to entry, which make it difficult for new firms to enter the market. Monopolistically competitive markets, on the other hand, have low barriers to entry, which encourage new firms to enter and compete.
4. Price control: Oligopolistic firms often engage in price collusion, which means they work together to set prices at a level that maximizes profits for all firms in the market. In monopolistic competition, firms do not collude on prices and are generally free to set prices based on their individual costs and market conditions.
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which of the following is a nickname for the GAO?
SEC watchdog
regulatory watchdog
congressional watchdog
public watchdog
Answers
Answer:
B: regulatory watch dog
Explanation:
Idc I just got it right
Answer: it’s congressional watchdog you dummy
Explanation:
Question 7:- Which of the following is an advantage of standardization?
a) Frozen designs
b) Customized parts
c) Interchangeable parts
d) Reduced variety
Question 8:- Assembly lines relate most closely to a:
a) Functional layout
b) Product layout
c) Process layout
d) Departmental layout
Question 9:- Which one of the following is an example of regional factors that affect location decisions?
a) Transportation
b) Quality of life
c) Development support
d) Location of new markets
Question 10:- ABC Corporation has planned to purchase a new machine. Total annual fixed cost is Rs. 10,000,
variable cost is Rs. 5 per unit and revenue is Rs. 7 per unit. What would be the break even point?
a) 833 units
b) 2000 units
c) 5000 units
d) 1012 units
Answers
According to the question Q7: Advantage of standardization: d) Reduced variety. Q8: Assembly lines relate to: b) Product layout. Q9: Regional factor example: a) Transportation. Q10: Break-even point: a) 833 units.
Q7: The advantage of standardization is that it leads to reduced variety. Standardized products or processes allow for greater efficiency, cost savings, and easier maintenance as they eliminate the need for customization or individualized parts.
Q8: Assembly lines are closely related to a product layout. In a product layout, the workstations are arranged in a sequential order to facilitate the smooth flow of products during the manufacturing process. This layout is commonly used in industries where a high volume of standardized products is produced.
Q9: Transportation is an example of a regional factor that affects location decisions. The availability and cost of transportation infrastructure, such as roads, railways, and ports, play a crucial role in determining the suitability of a location for a business.
Q10: The break-even point for ABC Corporation, considering the given information on fixed costs, variable costs, and revenue, is estimated to be 833 units. This means that the company needs to sell at least 833 units to cover all costs and start making a profit.
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Which of the following statements most likely lies within the realm of macroeconomics?
A. An increase in the price of automobiles will lead to a decrease in the number of automobiles demanded.
B. Due to process innovations in computer chip manufacturing, the market supply of computers increased.
C. Due to an economic recession, manufacturing firms began implementing layoffs of their workforces.
D. Anticipating that the benefits would outweigh costs involved, an undergraduate student purchases the course textbook.
Answers
The statements most likely lies within the realm of macroeconomics is Due to process innovations in computer chip manufacturing, the market supply of computers increased. Option c is correct.
Macroeconomics is the study of the economy on a national or global scale. The study of the economy as a whole is the focus of macroeconomics. The sentence "Due to an economic recession, manufacturing firms began implementing layoffs of their workforces." is most likely lies within the realm of macroeconomics.
Microeconomics is the study of economics at the individual, household, or company level. It examines how people make choices and interact in the market. Macroeconomics, on the other hand, examines the broader economy and how government policy can influence it, as well as the interconnectedness of industries.
Therefore, c is correct.
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C. Due to an economic recession, manufacturing firms began implementing layoffs of their workforces.
The term 'Macroeconomics' refers to a branch of economics dealing with the performance, structure, behavior, and decision-making of the overall economy. From the provided options, statement C, which describes the effect of an economic recession on employments, is related to macroeconomics.
Explanation:The realm of Macroeconomics is concerned with large-scale or general economic factors, such as national output, unemployment, inflation, etc., rather than those of individual markets. Given this definition, out of the options provided, option C: 'Due to an economic recession, manufacturing firms began implementing layoffs of their workforces' most likely falls within the realm of Macroeconomics. Here, the overall economic climate (recession) affects industry-wide employment levels - a subject of macroeconomic study. The other statements fall more into the realm of Microeconomics, which deals with individual markets and consumer decisions.
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Environmental scanning is conducted only when a new business is opened. True or False?
Answers
What are the three parts of a systems model of change? (Choose every correct answer.)a. outputs b. directives c. regulations d. target e. elements of change f. inputs
Answers
The three parts of a systems model of change include inputs, elements of change, and outputs. Inputs refer to the resources, such as people, money, and materials, that are necessary for the change to occur. Elements of change are the activities, such as planning, implementation, and evaluation, that need to take place to achieve the desired change.
Finally, outputs are the results or outcomes of the change, which can be measured and evaluated. It is important to note that while regulations and directives may be part of the context in which the change is occurring, they are not necessarily part of the systems model of change itself. Overall, understanding the components of a systems model of change can help organizations effectively plan and implement changes to improve their operations and achieve their goals.
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which of the following would shift the labor supply curve? demand increases for the output produced by workers. the government increases its provision of childcare services. technological advancement increases worker productivity. there is more effective management at companies.
Answers
The shift in the labor supply curve comes when D. The government increases its provision of childcare services.
What is a labor supply curve?The labor supply curve illustrates the number of hours that workers would be willing to put in at various pay rates. In general, employees will be willing to work greater hours the better their pay is. The labor supply curve moves to the right as the labor supply grows. It will move to the left if it declines.
There are various factors that cause the labor supply curve to shift left or right:
Preferences & incomePopulationPrices of goods and servicesExpectationsTo learn more about labor supply curve visit:
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If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.
Answers
True or false: Flexible prices help to explain how unexpected changes in demand lead to the fluctuations in GDP and employment that occur over the course of the business cycle.
Answers
Answer:
True this is the answer thanks please rate
coca-cola implemented enterprise software from oracle that enabled it to achieve all of the following except: group of answer choices reacting faster to market changes. improving its bargaining power with suppliers. standardizing business processes worldwide. reducing the cost of raw materials. reducing the number of employees.
Answers
Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except reducing the number of employees. Therefore, the correct option is option 5.
Enterprise software refers to software that is intended to resolve an enterprise-wide problem instead of a departmental or personal problem. Coca-Cola implemented enterprise software from Oracle that enabled it to achieve various objectives; however, reducing the number of employees was not one of them. Other options can be achieved by enterprise software.
Reducing the cost of raw materials: Enterprise software implementation enables businesses to plan, optimize, and manage the procurement of raw materials, enhancing the negotiation power of companies by centralizing the purchasing process and creating accurate demand forecasts.Standardizing business processes worldwide: An enterprise software implementation connects different departments and even different offices or plants, enabling them to share data and collaborate on different business processes. This unification of business processes ensures consistency, efficiency, and transparency throughout the company, whether local or global markets.Improving its bargaining power with suppliers: Enterprise software implementation allows companies to negotiate better deals with their suppliers, by providing accurate and comprehensive information on company requirements, resources, inventory, and capacity to suppliers, who then can offer tailored solutions that fit the specific needs of the company, instead of a one-size-fits-all approach. Reacting faster to market changes: Enterprise software implementation enables businesses to quickly and effectively respond to changes in the market by providing accurate and timely information, streamlined processes, and real-time analytics, which help companies make informed decisions and stay ahead of the competition.Hence, the correct answer is option 5.
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When Bill successfully overcame each of his customer's objections and asked for the order, Bill was in the ____step of the selling process.
Answers
When Bill successfully overcame each of his customer's objections and asked for the order, Bill was in the closing step of the selling process. The closing step is the final stage in the selling process, where the salesperson attempts to gain commitment from the customer.
In this case, Bill has already gone through the other steps in the selling process, which typically include prospecting, qualifying, approaching, presenting, and handling objections. During these earlier steps, Bill likely identified potential customers, determined their needs and interests, approached them with a tailored sales pitch, and presented the benefits of his product or service.
Once Bill has successfully handled any objections raised by the customer, he is ready to move on to the closing step. This involves making a clear and specific request for the customer to purchase the product or service, and it requires the salesperson to be confident and assertive in their approach. The goal is to create a sense of urgency and encourage the customer to make a decision to buy.
In some cases, the customer may still have reservations or objections at this stage, and the salesperson may need to continue to address these concerns and offer reassurances. However, once the customer has indicated a willingness to make a purchase, the salesperson can finalize the sale and complete the transaction.
Overall, the closing step is a critical part of the selling process, as it represents the final opportunity to turn a prospect into a customer and generate revenue for the business.
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The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answers
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
Llcs frequently are governed by an agreement of its members in the form of a(n) ________.
Answers
LLCs frequently are governed by an agreement of their members in the form of an operating agreement.
What is an operating agreement?An operating agreement is a key document used by LLCs because it outlines the financial and functional decisions of the business, including rules, regulations, and provisions. The document's purpose is to govern the internal operations of the business in a way that meets the needs of the business owners.Because most states do not require this document, many LLCs choose not to create one. While a term of operations is not required, having one is the greatest advantage of an LLC.And by drafting it, I mean making a written operating agreement.The LLC operating agreement, also known as an LLC agreement, establishes the LLC's rules and structure and can assist in resolving any issues that may arise during business operations. Many of these issues are addressed by default provisions in most states, but the operating agreement can override these presumptions.Therefore, LLCs frequently are governed by an agreement of their members in the form of an operating agreement.
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Publicity is part of a company's
ООО
product mix.
promotion mix.
sales promotion.
advertising mix.
Answers
Answer:
Promotion mix.
Explanation:
A promotional mix is a blend of different marketing approaches that a business uses to reach out to many and diverse customers. Using the right variety of marketing activities ensures the achieve its targets of creating awareness and maximizing sales.
Marketers select a promotional mix that assists a business stand out from its competitors and drive sales. The components of a promotions mix consist of advertising, direct selling, sales, promotion, Public relations, and many others.