The standard measure of loss of bargain damages, for a total breach, would encompass the difference between the agreed contract price and the market value of the property on the date of
Answers
The damages are measured by the difference between the contract price and the market price when the seller provides the goods, or when the buyer learns of the breach.
If a party fails to either substantially or fully perform, the other party's remaining obligations, if any, under the contract are discharged.
The standard measure of compensatory damages is the difference between the value of the breaching party's promised performance under the contract and the value of her or his actual performance. This amount is reduced by any loss that the injured party has avoided.
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Related Questions
You have to define a regression or a classification problem which has a business application based on a dataset of your choice. A Machine Learning project is generally not linear but will consist broadly of the following major steps.
Define Problem
Prepare Data
Data understanding (EDA)
Define the solving methodology
Model building
Evaluate and compare models
Improve Model
Report Results
What you will have to submit?
1. Jupyter notebook with well commented Python code and results.
2. A report with description of the steps carried out and inference.
For the regression problem, feature selection should have a proper statistical explanation, residual analysis, outlier analysis, and proper steps to further improve your model should be clearly carried out and described in the report.
For the classification problem, some explanation on why the considered features have been selected to build the model has to be provided. Comparisons have to be carried out between at least two classification algorithms
Answers
Regression Problem:
The problem is to predict the price of used cars based on various features such as the car's brand, model, year of manufacturing, mileage, fuel type, and other relevant factors. This regression problem has a business application in the automotive industry, as it can help car dealerships or individuals estimate the value of their used cars or determine the appropriate price for selling or buying a used car.
Major Steps in the Machine Learning Project:
1. Define the Problem:
- The problem is to predict the price of used cars based on given features.
- The dataset consists of historical data on used cars, including their features and corresponding prices.
2. Prepare Data:
- Load the dataset and perform necessary data preprocessing steps such as handling missing values, encoding categorical variables, and scaling numerical features if required.
- Split the dataset into training and testing sets.
3. Data Understanding (EDA):
- Perform exploratory data analysis (EDA) to gain insights into the dataset and understand the relationships between the features and the target variable.
- Analyze the distribution of the target variable (price) and examine the correlations between features.
4. Define the Solving Methodology:
- Choose an appropriate regression algorithm(s) to solve the problem.
- Select evaluation metrics suitable for regression, such as mean squared error (MSE) or root mean squared error (RMSE).
5. Model Building:
- Build regression models using the selected algorithms, considering different hyperparameter settings.
- Train the models using the training dataset.
6. Evaluate and Compare Models:
- Evaluate the trained models using appropriate evaluation metrics.
- Compare the performance of different regression models and select the best-performing one based on the evaluation results.
7. Improve Model:
- Perform feature selection techniques to identify the most relevant features for the regression task.
- Analyze the residuals of the best model and identify any patterns or outliers that may require further investigation or preprocessing.
8. Report Results:
- Prepare a Jupyter notebook with well-commented Python code and present the results of each step.
- Provide a report describing the steps carried out, the reasoning behind feature selection, comparisons between different regression models, and any improvements made to the initial model.
- Include visualizations, tables, and interpretations to support the findings and conclusions.
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PLEASE HELP WILL MARK BRAINLIEST
Answers
Answer:
the answer is true
Explanation:
Research cultural business communication etiquette for a country outside of the USA, and list 5 tips for successful cultural communication and etiquette in a business setting. Include the name of your country, the 5 tips (bulleted statements) and the website URL of your research used.
Answers
Answer:
wow
Explanation:
A new real estate professional is getting to know licensees at his new firm, Tremont Homes. One licensee tells him there's an unwritten agreement with a neighboring firm that Tremont serves the mid-town area, and everyone who has prospective clients in that area refer their leads to Tremont. What's this an example of
Answers
Answer:
Market allocation.
Explanation:
Market allocation refers to a form of horizontal trade arrangement in which various competitors decide to limit their respective business practices to particular aspects such as particular territories, specified products, particular regional zones, and specific set of customers. Therefore, market allocation provides competitors the opportunity to establish large channels of local monopolies. As per the question, Tremont establish monopoly in that area and it unfairly limits the options of customers.
would anyone be willing to give away tickets for a concert please?
Answers
After establishing the mission, vision, and values, what is the next step in strategic management?.
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Answer:
1.establish the mission, vision, and values statements.
2.assess the current reality.
3.formulate corporate, business, and functional strategies.
4.execute the strategies.
5.maintain strategic control.
After establishing the mission, vision, and values, specific objectives are the next step in strategic management.
What is the importance of a strategic management process?The organization's and its employees' direction is established by strategic management. Effective strategic management continuously plans, monitors, and tests an organization's activities in contrast to static strategic plans, increasing operational effectiveness, market share, and profitability.
The five fundamental tasks of strategic management are as follows. They entail creating a strategic vision and mission, establishing goals, creating tactics to attain those goals, putting the tactics into practice and executing them, and assessing and measuring performance.
The next step for an organization after creating its mission statement is to create the precise goals targeted at fulfilling that aim. For the general goals of the program, objectives refer to particular, measurable results.
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Losses due to accidents at an amusement park are exponentially distributed. an insurance company offers the park owner two different policies, with different premiums, to insure against losses due to accidents at the park. policy a has a deductible of 1.44. for a random loss, the probability is 0.640 that under this policy, the insurer will pay some money to the park owner. policy b has a deductible of
d. for a random loss, the probability is 0.512 that under this policy, the insurer will pay some money to the park owner. calculate
d.
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Xavier is excited but knows this is a huge project. Help Xavier stay organized by creating a job board for him. A job board is like a bulletin board that holds important information about a big project. This way, he can see the important aspects of his job, along with his costs. To do this, you will be taking the answers to the math questions above and creating items that Xavier can hang on his job board to remind him of the choices he should make in this project. You may select to create your job board in poster form or digitally in a word processing document. Either way, the job board should include the following pieces of content:
A rough drawing of Xavier’s lot that includes the lot measurements provided above.
Make sure that you include the total area of the lot that you calculated in Math Problem 1 somewhere on this drawing.
A sketch of the prefabricated house option that you suggest Xavier purchases (either Option 1 or Option 2).
Make sure that you include his final price that you calculated in Math Problem 3 or 4.
Also, be sure to label the upgraded technology that was included in the option you chose so that Xavier can point it out to his building inspector when the time comes.
A graphic representation (photo, clip art, etc.) of a truck with the final transportation cost on it (this is the answer to Math Problem 5).
You will turn in this job board along with your math sheet.
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Answer:
Great idea! Let's make Xavier's job board as informative and visually appealing as possible. We'll start by including a detailed drawing of Xavier's lot that includes all of the measurements provided in Math Problem 1. We'll also make sure to prominently display the total area of the lot that we calculated.
Next, we'll include a sketch of the prefabricated house option that we suggest Xavier purchases, along with the final price that was calculated in Math Problem 3 or 4. To make it even more clear for Xavier, we'll label the upgraded technology that was included in the option we chose so that he can easily point it out to his building inspector when the time comes.
To make the job board even more visually appealing, we'll include a graphic representation of a truck with the final transportation cost on it, which is the answer to Math Problem 5. This will help Xavier keep track of his costs and make sure that he stays within his budget.
Overall, Xavier's job board will be a useful tool to help him stay organized and make informed decisions throughout his project.
Explanation:
3. Which of the following would NOT be a factor that affects which products a retailer chooses
to select to offer in a store?
A. Local customer preferences
B. Manufacturer incentives
C. Employee preferences
D. The store's location
ailor's
Answers
Employee choices wouldn't have any influence on the products a retailer selects.
What elements influence retail stores? What are the top five most crucial elements for a retail market?Location, marketing, shop design and appearance, service and selection, and bundle selling are the five pillars of retail success. Let's examine how each of them can assist you in starting a profitable retail business.
What are the seven elements that influence where an industry is located?The seven variables that affect whether or not an industry is established are: the supply of materials, labour, capital, market access, the availability of a plentiful supply of electricity, transport modes like railroads and roads for the road transport of finished goods and raw materials, and the availability of land.
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In which type of economy is a business owner most likely to benefit from free enterprise?
Answers
hope this helps
Answer:
Sole proprietorship
Explanation:
I’m not 100% sure but it’s a sole individual business
True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
Answers
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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Economists refer to the relationship that a higher price leads to a lower quantity demanded as the.
Answers
Explanation:
Law of demand — the common relationship that a higher price leads to a lower quantity demanded of a certain good or service and a lower price leads to a higher quantity demanded, while all other variables are held constant
four degrees of competition
Answers
Answer:
There are four types of competition in a free market system:
perfect competitionmonopolistic competitionoligopolymonopolyUnder monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.
Hope this helps :)
which statement is true regarding indirect costs? select one: a. not directly related to the products or services of a project. b. those that can be easily controlled by managers. c. directly related to performing the project. d. those that cannot be allocated to projects.
Answers
Indirect costs are not directly related to the products or services of a project. Indirect costs do not become the direct part of the product or services.
What are indirect costs?
Costs that are not directly attributable to a cost object are known as indirect costs (such as a particular project, facility, function or product). Indirect expenses can be be constant or variable, just as direct costs. Administration, staff, and security expenditures are examples of indirect costs. These are the expenses that aren't directly connected to manufacturing. Some overhead expenses may be indirect, while some overhead expenses can be immediately linked to a project and are therefore direct costs.
Indirect costs come in two different forms. One category is the fixed indirect expenses, which are constant for a given project or business and include things like worker transportation to the job site and the construction of makeshift roadways.
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Pat Buhn is the new owner of Young Co. She has heard about internal control but is not clear about its importance for her business. Explain to Pat the four purposes of internal control, and give her one application of each purpose for Young Co.
Answers
Answer: Physical safeguard & security, Accuracy, Segregation of duties, Handling errors
Explanation:
Internal control could be defined as the process of handling an organization accounting and auditing process with it's specified objectives in compliance with laws, regulations and policies.
Here are the four purpose of internal control;
a) Physical safeguard & security; this is to ensure that physical assets and information have a controlled asses, and it's not easily assessible by anyone.
b) Accuracy: this is to ensure that all transactions are accurate when records are checked with the source of information where the transaction took place and the time it occurred.
c) Segregation of duties; this ensures that one individual cannot have access to the recording of information and processing of transaction.
d) Handling errors; this ensures that errors are checked at any stage with transaction occurred with corrections also made
Suppose you are cross-training at one of Walmart's warehouses. You are there to learn about the operations side of the business, which is critical to Walmart because of its low-cost strategy. Preliminary control isn't the only type of operational control. Which statement below explains why your supervisor needs all three types to ensure quality and efficiency in operations? The three types enable your supervisor to monitor worker performance in all shifts at the warehouse. The three forms of operational control relate to the three major levels of the organization: corporate, business unit, and department. Your supervisor can minimize the need for financial control if she uses all three forms of operational control. The three forms of operational control occur at different points in the transformation process. bel
Answers
Your supervisor needs all three types of operational control to ensure quality and efficiency in Walmart's warehouse operations because they occur at different points in the transformation process. Option d is correct.
These three types of operational control include preliminary, concurrent, and feedback control. Preliminary control focuses on setting standards and planning before the actual work begins. Concurrent control involves monitoring and adjusting operations as they occur in real-time.
Finally, feedback control occurs after the completion of a task, analyzing the results to improve future operations. By utilizing all three types, your supervisor can effectively monitor worker performance across all shifts, ensure adherence to the low-cost strategy, and maintain quality and efficiency throughout the entire operational process.
Therefore, d is correct.
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Please help worth bonus points!
Answers
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
A customer purchases $100,000 worth of merchandise from the ABC company on January 1st with terms of 5/10 EOM, net 60. If the customer pays the bill within the discount period the ABC company will receive payment of:
Answers
if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.
The amount of payment that ABC Company would receive if the customer pays the bill within the discount period of 5/10 EOM, net 60, is $95,000. A discount period of 5/10 EOM, net 60 means that the customer can get a discount of 5% on the invoice amount if the payment is made within ten days from the end of the month (EOM) in which the invoice was issued. If the customer fails to make the payment within the discount period, they will be required to make the full payment of $100,000 within a period of 60 days from the date of the invoice.
Therefore, if the customer makes the payment within ten days from the end of the month (EOM) in which the invoice was issued, the amount of payment will be calculated as follows:
Invoice amount = $100,000
Discount rate = 5%
Discount amount = 5% x $100,000 = $5,000
Amount payable within discount period = Invoice amount - Discount amount
= $100,000 - $5,000 = $95,000.
Hence, if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.
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National networks is an emerging provider of cable television services. is currently working to identify best practices among its competitors through the process of ______.
financial analysis
auditing
benchmarking
staffing
empirical analysis
Answers
National Networks is an emerging provider of cable television services. is currently working to identify best practices among its competitors through the process of benchmarking.
National Networks, as an emerging provider of cable television services, is actively engaged in identifying best practices among its competitors. This process involves various strategies and techniques to gather information and gain insights into industry standards and successful practices. One approach that National networks can employ is benchmarking.
Benchmarking is a systematic process of comparing one's own performance, practices, and outcomes against those of industry leaders or competitors. It allows organizations to identify areas for improvement and learn from the best practices of others. By benchmarking against its competitors, National networks can gain valuable knowledge about successful strategies and tactics employed by established players in the cable television services sector.
Through benchmarking, National networks can analyze various aspects of their competitors' operations, such as customer service, pricing models, channel lineups, content offerings, and technological advancements. This analysis can provide valuable insights into industry trends, customer preferences, and emerging opportunities for growth.
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Why do you think brand advocates willingly promote companies via social media? Explain.
Answers
Answer:
As a form of celebrity and endorsement. The company will be viewed by the potential millions of people that follow those brand advocates. This allows the brand to reach a wider audience and raise profits. that is why brand advocates willingly promote companies via social media?
Explanation:
hope this helps. ; )
In
600 words how would you approach this topic.
You work for a company that makes money by selling software. Specifically, by selling apps through App Stores, Best Buy, and other retailers. The company your work for has no intention of distributing
Answers
Evaluate market demand, define value proposition, implement pricing tiers, optimize user experience, and leverage marketing to adopt a successful freemium model.
the software for free and relies on generating revenue through direct sales. However, there is a growing trend in the software industry towards adopting a freemium model, where companies offer a basic version of their software for free while charging for premium features or additional functionalities. This approach has proven to be successful for many software companies as it attracts a larger user base and allows for upselling opportunities.
To explore the potential benefits and challenges of adopting a freemium model, several key factors need to be considered.
1. Market Analysis: Conduct a thorough analysis of the target market and competitors to understand the demand for software products, pricing strategies, and customer preferences. Identify the segments that are more likely to respond positively to a freemium offering.
2. Value Proposition: Evaluate the core features and functionalities of the software and determine which ones can be offered for free while still providing value to users. Identify additional premium features that can be developed and marketed to enhance the software's value proposition.
3. Pricing Strategy: Define a pricing structure that offers a compelling free version of the software while enticing users to upgrade to the premium version. Consider different pricing tiers, subscription models, and bundling options to maximize revenue potential.
4. Monetization Opportunities: Explore alternative revenue streams that can complement the freemium model. This can include in-app purchases, advertisements, partnerships, or data monetization strategies. Assess the feasibility and potential impact of these options on the overall business model.
5. User Experience and Conversion: Focus on creating a seamless and intuitive user experience for both free and premium users. Implement effective conversion strategies, such as offering trial periods, discounts, or exclusive benefits to encourage users to upgrade to the premium version.
6. Marketing and Communication: Develop a comprehensive marketing and communication plan to effectively promote the freemium offering. Highlight the unique value proposition of the software, emphasize the benefits of upgrading to the premium version, and leverage digital marketing channels, customer testimonials, and referral programs to increase user acquisition and retention.
7. Analytics and Optimization: Implement robust analytics tools to track user behavior, engagement, and conversion rates. Continuously monitor and analyze data to optimize the freemium model, identify trends, and make data-driven decisions to improve user acquisition, conversion, and revenue generation.
8. Customer Support and Feedback: Establish a responsive customer support system to address user inquiries, feedback, and issues promptly. Utilize user feedback to enhance the software, identify areas for improvement, and prioritize feature development.
By carefully considering these factors and implementing a well-thought-out strategy, the company can effectively leverage the freemium model to attract a larger user base, increase brand awareness, and generate sustainable revenue through upselling premium features and offerings. However, it is crucial to continually evaluate and adapt the strategy based on market dynamics, customer feedback, and emerging trends to ensure long-term success in a highly competitive software industry.
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No matter how much a company sells or does not sell, it has to pay fixed costs.
A) False
B) True
Answers
Hope it helps u!!!
Answer:
true
Explanation:
edg
Alan Karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical parts manufacturer. Alan is considered a/an: inside sales rep outside sales rep alignment rep distributing rep interchange rep
Answers
Alan Karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical parts manufacturer. Alan is considered an outside sales rep.
Outside sales rep is a salesperson who works in the field, going out to meet with clients face to face. They frequently work independently and have the flexibility to set their own hours. Typically, they are not based in a physical office and are accountable for the majority of their own day-to-day decisions and responsibilities. They commonly visit clients to pitch or close sales, address customer service issues, and keep track of accounts.What is Inside sales rep?Inside sales reps usually operate in a call center or from a home office, using technology to communicate with leads and clients. They commonly communicate with clients by phone, email, or other digital means rather than in person. They manage and interact with current customers and prospects who have already engaged with the company in some way in order to create new sales opportunities.
Alignment reps are responsible for ensuring that a company's technology is aligned with its business objectives. They examine the customer's current IT environment and goals to identify areas where technology can support or enhance the customer's operations, and then recommend and sell solutions to address those needs. A Distributing rep is a sales representative that works with wholesalers, distributors, and retailers. They work with suppliers to provide products and services, with wholesalers to distribute products to retailers, and with retailers to sell products to end-users. interchange rep is a representative who works for an interchange network. They are in charge of expanding the network and increasing the number of people who use it. They're also in charge of connecting businesses to each other, allowing them to trade information and money.
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MORE FREE PINTS! IT'S CLEARANCE SALE!! FLAG QUESTION WHEN YOU'RE DONE!!!
Answers
Answer:
✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️
We suppose an economy defined by:
Y=10000 ; G = 2000 ; T = 1000 ;
r (real interest rate) = 3%;
C = 400 + 0.6 (Y-T) ;
Lo (factors that affect demand of moeny) = 5 ;
Ms (money supply) = 15000 ;
Mg (growth rate of money) = 10% ;
Yg (growth rate of Y) = 7%
question : If M increase by 3%, the P increase by ? ( the options I have are : 1.22%/1.23%/1.24%/1.25%)
Answers
Answer:
Explanation:
To find the percentage increase in P if M increases by 3%, we need to use the equation for the quantity theory of money, which is:
M * V = P * Y
Where M is the money supply, V is the velocity of money, P is the price level, and Y is the output of the economy.
If M increases by 3%, then the new value of M can be found by multiplying the old value of M by 1 + the percentage increase:
M' = M * (1 + 0.03) = 15000 * 1.03 = 15450
We can then solve for the new value of P by substituting the new values of M and Y into the equation:
P' = (M' * V) / Y = (15450 * V) / 10000 = 1.5450 * V
We can then find the percentage increase in P by taking the difference between the new value of P and the old value of P, and dividing by the old value of P:
Percentage increase in P = (P' - P) / P = (1.5450 * V - 1) / 1 = 0.5450 * V
So the percentage increase in P is 0.5450 * V.
michelle works in retail and cant decide what products to include i the stores front window display what is the first step she should take to solve this problem
Answers
The available options are:
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
State the problem.
Explanation:
In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.
Hence, the right answer is State the Problem.
An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answers
Answer:
underutilized
Explanation:
I WILL GIVE BRAINLIEST
I have a nail salon business - I just recently purchased new pedicure chairs, what type of cost is this?
A. Fixed Cost
B. Variable Cost
Answers
Answer:
FIXED COST
Explanation:
I THINK ITS FIXED COST
an account number is assigned to manage the funds received to conduct a trial. this is likely part of the:
Answers
Unique Protocol Identification Number * Definition: Any special number that the sponsor assigns to the protocol.
How are clinical trials carried out?Four stages are included in clinical trials, which are used to evaluate a medicine, determine the right dosage, and check for side effects. The FDA approves a medicine for clinical use and continues to monitor its effects if studies conducted in the first three phases show it to be safe and effective.
What is the location of my IRB protocol number?Your SARC and IRB identifiers are the same as your IRB Protocol number. You must enter the Protocol Title and PI Information into the eRA website to produce the IRB Number in order to acquire your IRB Protocol number.
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Your employer wants to analyze data that come from other sites, such as measuring where people have come from to get to your company’s site. what would you recommend that your company use to determine how people searched the internet to find its products?
Answers
I would recommend that your company use a web analytics tool such as Adobe Analytics, or a similar product to measure the incoming traffic to your site.
What is company?
A company is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Companies are separate from their owners and managers, and exist as a distinct legal entity. They can enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes. Companies are typically created to pursue and capitalize on business opportunities, and to provide goods or services to customers at a profit. Companies can be structured in various ways, including corporations, partnerships, and limited liability companies.
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