if Angela decides to produce one tonne of wheat instead of 4,000 apples, she will be giving up 40 apples.
The concept of opportunity cost is used to evaluate the allocation of resources between two possible choices. Opportunity cost is the value of the benefits foregone from choosing one option instead of another. It can be determined by comparing the benefits and costs of each option and selecting the choice with the highest net benefits.
In the given table, Bruno's opportunity cost of producing one tonne of wheat is 40 apples. This can be calculated by dividing the amount of wheat produced by the amount of apples produced when 100% of the time is spent on apples.
Opportunity cost for Bruno to produce 1 tonne of wheat = 2000/60 = 33.33 apples
Therefore, if Bruno decides to produce one tonne of wheat instead of 2,000 apples, he will be giving up 33.33 apples.
Similarly, Angela's opportunity cost of producing one tonne of wheat is 50 apples. This can be calculated by dividing the amount of wheat produced by the amount of apples produced when 100% of the time is spent on apples.
Opportunity cost for Angela to produce 1 tonne of wheat = 4000/100 = 40 apples
Therefore, if Angela decides to produce one tonne of wheat instead of 4,000 apples, she will be giving up 40 apples.
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Cherry creek development, lp, is a limited partnership that invests in residential real estate projects. Its limited partners include more than 150 sophisticated investors and investment professionals. A cherry creek limited partner loses his or her limited liability if he or she.
A Cherry Creek Limited Partner's Limited Liability is forfeited if they participate in the management of the Company.
What is a limited partnership?Similar to a general partnership, a limited partnership (LP) must have at least one general partner (GP) and at least one limited partner, as opposed to the minimum requirement of two GPs for general partnerships. Different from limited liability partnerships, which only have limited liability for each participant, are limited partnerships.One limited partnership that makes investments in residential real estate projects is Cherry Creek Development, LP. More than 150 knowledgeable investors and investment professionals make up its limited partners. If a Cherry Creek limited partner takes on management responsibilities, their limited liability is forfeited.Therefore, a cherry creek limited partner loses his or her limited liability if he or she participates in the firm's management.
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PLEASE HELP! I'M DOING A TEST!!!
Which analyst position analyzes information using mathematical models to help business managers make decisions?
A) Budget Analyst
B) Management Analyst
C) Credit Analyst
D)Operations Research Analyst
Answer:
operations research analyst
Suppose that annual stock returns for a particular company are normally distributed, with a mean of 16% and a standard deviation of 10%. You are going to invest in this stock for one year.
A) Find the probability that your one-year return will exceed 30%.
B) Find that probability that your one-year return will be negative.
A) The probability that your one-year return will exceed 30% is 0.1587.
B) The probability that your one-year return will be negative is 0.1587.
a) The probability that a one-year return will exceed 30% is 0.0478. Solution: Let X be the stock return, X~N(16,10^2)We need to find the probability of the event P(X>30)Using the formula for standardization of random variable, we have: Z= (X-μ)/σ.
Here, μ=16 and σ=10.So, P(X>30) = P(Z>(30-16)/10)P(Z>1.4) = 1 - P(Z≤1.4)Using standard normal distribution tables or calculator, we get P(Z≤1.4) = 0.9522So, P(X>30) = 1 - P(Z≤1.4)=1-0.9522=0.0478Therefore, the probability that the one-year return will exceed 30% is 0.0478.
b) The probability that the one-year return will be negative is 0.1587. Solution: We need to find the probability of the event P(X<0)Using the formula for standardization of random variable, we have: Z= (X-μ)/σ. Here, μ=16 and σ=10.So, P(X<0) = P(Z<(0-16)/10)P(Z<-1.6)Using standard normal distribution tables or calculator, we get P(Z<-1.6) = 0.0548So, P(X<0) = P(Z<-1.6)=0.0548
The total probability of one-year return is 1. P(X>0) + P(X<0) + P(X=0) = 1. Since we are not given any information about the probability of X=0, we can assume that P(X=0) = 0.Hence, P(X>0) + P(X<0) = 1P(X<0) = 1 - P(X>0)Therefore, P(X<0) = 1 - P(X>0) = 1 - 0.8289=0.1587Therefore, the probability that the one-year return will be negative is 0.1587.
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Work environment includes physical and social surroundings of work.
Answer:
You must consider the physical aspects of different work environments when choosing a career.
On June 1, 20Y2. Herbal Co received $25,200 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on December 31, 20Y2. Refer to the Chart of Accounts for exact wording of account titles. ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Accumulated Depreciation-Equipment REVENUE 41 Fees Earned 42 Rent Revenue EXPENSES 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 54 Salary Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Unearned Rent 23 Salaries Payable 24 Taxes Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends
The adjusting entry required for unearned rent on December 31, 20Y2, involves recognizing the rent revenue earned during the second half of the year.
About the entry-Since the Herbal Co received $25,200 for the rent of land for 12 months on June 1, 20Y2, only half of the amount, which is $12,600, should be recognized as rent revenue for the period ending on December 31, 20Y2.
The other half will be recognized in the next year. To record this adjustment, an entry should be made to debit the unearned rent account for $12,600 and credit the rent revenue account for $12,600.
This will increase the rent revenue account by the amount earned during the period and decrease the liability of unearned rent by the same amount.
This entry ensures that the financial statements reflect the correct amount of revenue earned and the liability of unearned rent.
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Why is a brand important to a business?
list one career cluster and three career pathways related to this cluster
Answer:
Business Management & Administration: General Management pathway: general manager: Walmart.
Business Management & Administration: Business Information Management pathway: IT manager: Walmart.
Business Management & Administration: Human Resources Management pathway: HR director: Meijers.
Business Management & Administration: Operation Management pathway: Operations manager: Meijers.
Business Management & Administration: Administrative Support pathway: Administrative assistant: Kroger.
Finance: Securities & Investments pathway: Bank teller: Huntington.
Finance: Business Finance pathway: accountant: Kroger.
Finance: Accounting pathway: auditor: H&R Block.
Finance: Insurance pathay: insurance claim agent: Amica.
Finance: Banking Services pathways: bank teller: Huntington.
Marketing: Marketing Management pathway: forecast manager: Adidas.
Marketing: Professional Sales pathway: salesperson: Adidas.
Marketing: Merchandising pathway: Sales Promotion manager: Walmart.
Marketing: Marketing Communications pathway: Advertising manager: Adidas.
Marketing: Marketing Research pathway: product planner: Nikes.
Explanation:
Business management and administration can be one of the career clusters.
What is a career?You maintain the same line of employment when you have a career. A profession can consist of one or several jobs. You may work for a single corporation or several. A career education, experience, and professional experience. A career is often referred to as a "career path."
One of the career clusters is a business management and administration.
Three paths to careers in this cluster
Management of corporate information will help them to become managers and know how to handle people.Management, in general, will help in smooth working. Human resource administration will make sure that the relationship between the employee and the employer is working smoothly.Learn more about career, Here:
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Assume the Black-Scholes framework. Which of the following statement(s) concerning the Greeks of a long position of a European put on a stock is(are) correct? i) Gamma is always positive ii) Theta is always negative iii) Psi is always negative Possible Answers A i) only Bii) only w Ci) only Di) and ii) only
Assuming Black-Scholes framework, we find that the statement ii) is the only correct statement. Theta is typically negative for a long position in a European put option, indicating the time decay of the option's value over time. The correct option is B.
In the Black-Scholes framework, the Greeks are measures used to assess the sensitivity of options to various factors. Let's analyze the statements regarding the Greeks of a long position of a European put on a stock:
i) Gamma is always positive: This statement is incorrect. Gamma represents the rate of change of an option's delta concerning the underlying asset price. For a long position in a European put option, gamma can be positive or negative.
However, it is more common for gamma to be negative for long put positions, as the put option's delta typically decreases as the underlying asset price rises. Therefore, statement i) is incorrect.
ii) Theta is always negative: This statement is generally correct. Theta measures the time decay of an option and represents the rate of change of the option's price with respect to time.
For long positions in European put options, theta is usually negative. This is because the value of the put option tends to decrease as time passes, assuming other factors remain constant.
However, it's important to note that theta can be positive for deep in-the-money long put options, where the time value component is minimal. But in most cases, statement ii) is correct.
iii) Psi is always negative: The statement is incorrect. Psi, also known as Lambda or leverage, measures the percentage change in the option's value concerning the percentage change in the underlying asset price. Psi is positive for long positions in European put options.
When the underlying asset price decreases, the put option's value typically increases, resulting in a positive percentage change in the option's value. Therefore, statement iii) is incorrect.
To summarize, statement ii) is the only correct statement. Theta is typically negative for a long position in a European put option, indicating the time decay of the option's value over time. The correct option is B.
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The aggregate supply and aggregate demand model seem rather familiar, especially as the curves are drawn, but one must keep in mind that:
a. this model is quite different than the supply and demand for a particular good.
b. the assumption of "all else equal" cannot apply to an aggregate model.
c. it is a static model, but we will use it to make dynamic interpretations.
d. it is most useful in describing the differences between competing theories on how the economy functions.
e. All of the above.
The correct answer is e. All of the above. The aggregate supply and aggregate demand model is a macroeconomic model that shows the relationship between the total supply of goods and services and the total demand for goods and services in an economy.
It is different from the supply and demand model for a particular good as it takes into account all goods and services produced in the economy. Additionally, the assumption of "all else equal" cannot apply to an aggregate model as there are numerous factors that can affect the economy as a whole. Furthermore, the model is static, but it can be used to make dynamic interpretations as it helps to explain how changes in one or more variables can affect the overall economy.
This model is most useful in describing the differences between competing theories on how the economy functions, as it provides a framework to analyze the interactions between different variables in the economy. By understanding the aggregate supply and aggregate demand model, policymakers can make informed decisions about how to manage the economy to achieve desired outcomes, such as economic growth, low unemployment, and stable prices.
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Question 1 of 10
What is one advantage of a trade school education?
A. You can postpone getting a job longer.
One advantage of a trade school education is that there is easier access to courses and specialized knowledge.
What is a Trade School Education?This refers to the type of education where some technical skills are taught to students to be knowledgeable in certain tradecrafts and occupations.
Hence, we can see that based on the fact that this is post-secondary education, it gives the students the added edge of getting access to skills and specialized knowledge.
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Answer: It is less costly than attending a four-year college.
Explanation:
the two types of imperfectly competitive markets are
Answer: monopolistic competition and oligopoly.
Explanation:
All of the following tips will help with goal setting, except:
Answer: setting a time frame, creating tasks
Explanation: not doing these things will slow down goal setting
Answer:
manage your time and be organized
why do you think that continuing to add employees, stops to be effective at a certain point ?
Question 5
What are the mandatory marketing tactics?
The mandatory marketing tactics are b. Web site and the two most likely social media sites your customer uses.
How are these mandatory marketing?A website is integral for a business in the current digital era, given that it presents an opportunity to inform potential customers about its services or products.
Further, social media strategies offer powerful marketing avenues where firms can interact with clients, promote their wares and augment brand visibility. Nonetheless, companies should allocate resources wisely by targeting social media platforms most proximate to their target market instead of attempting to disseminate content over several sites.
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promotion is the set of marketing communication activities designed to inform and persuade groups of people. these people are limited to
Promotion is a set of marketing communication activities designed to inform and persuade a group of people. these people are limited in the information they can get.
Promotion is a communication activity carried out by a person or company to the wider community. The goal is to introduce the product to the public and influence them to buy and use the product. That is, promotion is an activity that is very commonly carried out by marketers to be able to provide information related to a product and also encourage potential consumers to want to buy goods or services offered by the company. This activity will generally combine several forms of promotion, such as advertisements, discounts, or company-branded t-shirts.
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1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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At what wage level there will be no unemployment or labor shortages in the labor market?.
At $15 an hour, there won't be any unemployment or a shortage of workers in the market. Option E is right as a result.
What is mean by no unemployment?At $15 an hour, there won't be any unemployment or a shortage of workers in the market. Option E is right as a result.The consumer's demand or the price of the goods on the market can both be included in the demand curve. Due to lower employment of employees at higher costs, there has been a negative curve of worker demand in relation to wages. Since there hasn't been an excess of labour demand, $15 has been identified as the equilibrium point. Therefore, there haven't been any unemployment issues or worker shortages in the $15/hr labour market. Option E is right as a result.The complete question is
At what wage level there will be no unemployment or labor shortages in the labor market?
$30
$25
$20
$10
$15
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Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable 677 Building and equipment 936 Cash 39 Interest receivable 47 Inventory 18 Land 168 Notes receivable (long-term) 483 Prepaid rent 28 Supplies 8 Trademark 60 Accounts payable 601 Accumulated depreciation 80
Additional paid-in capital 470 Dividends payable 25 Common stock (at par) 11
Income tax payable 60 Notes payable (long-term) 878 Retained earnings 315 Deferred revenue 24 TOTALS 2,464 2,464
What would Symphony report as total current assets?
a. $823.
b. $838.
c. $843.
d. $1,696.
Symphony Stores would report total current assets of $817 million. The total current assets would be $817 million.
To determine the total current assets, we need to identify the accounts that are classified as current assets. Current assets are assets that are expected to be converted into cash within one year or the operating cycle of a company, whichever is longer. From the given information, the current assets are accounts receivable, cash, interest receivable, inventory, prepaid rent, and supplies. The account balances for these assets are
Accounts receivable ($677 million)
Cash ($39 million)
Interest receivable ($47 million)
Inventory ($18 million)
Prepaid rent ($28 million)
Supplies ($8 million)
Total current assets:
$677 + $39 + $47 + $18 + $28 + $8 = $817 million
By adding up these amounts, we get a total of $817 million. Therefore, Symphony Stores would report total current assets of $817 million.
Symphony Stores would report total current assets of $817 million, which is not one of the options provided in the given choices.
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what is business and what is occupation
Answer:
Business:
A person's regular occupation, profession, or trade.
Occupation:
A job or profession.
Explanation:
I looked them up in a dictionary.
Please mark me brainliest! I need it! Please!
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?
The value of each share if you calculate it as $1,000,000/2,000 =500.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.
The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.
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The complete question is Probably
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
Today’s CEOs are faced with overwhelming, competing challenges and uncharted waters as they continue to navigate the impacts of the Covid-19 pandemic. Out of necessity, CEOs have prioritised "The Now" – supporting their people, customers and suppliers, addressing supply chain disruption, stabilising revenues, aligning their businesses with evolving demand, and identifying new growth pathways. Leaders are rapidly turning their attention to "The Next", a period of unpredictable and possibly muted economic recovery with new competitive threats and opportunities potentially resulting in a decade of the "Never Normal". This era is defined by fast-changing shifts in cultural norms, societal values, and behaviours such as an increased demand for responsible business practices and renewed brand purpose. Against this backdrop, leaders face the urgency and complexity of reopening their businesses. To outmanoeuvre uncertainty, reopening also requires a program of reinvention. This presents an opportunity – and a need – for many companies to build the competences they wish they’d invested in before: to be more digital, data-driven, and in the cloud; to have more variable cost structures, agile operations and automation; to create stronger capabilities in e-commerce and bolster security. Leaders should consider the steps they take to reopen as the first in the journey to wider transformation.
Task/QUESTION: In the context of your own company (or a company of your choice) critically summarise the key points of the Balanced Score Card from the four different perspectives in the scenario presented above. Substantiate your discussion with relevant conceptual discussion and inputs from the aforementioned scenario. Remember to briefly introduce your company (or one of your choice) and discuss how the Balanced Score Card model can be used to evaluate strategies.
The Balanced Scorecard is a tool for measuring and managing organizational performance, which was developed by Robert Kaplan and David Norton in 1992.
It translates an organization's strategic objectives into a set of balanced performance measures that can be used to track progress, align individual and organizational goals, and drive accountability.
It is a performance management framework that views an organization from four different perspectives, financial, customer, internal processes, and learning and growth perspectives. I
n this answer, the key points of the Balanced Scorecard from the four different perspectives in the scenario presented above will be critically summarized for a hypothetical company and how the Balanced Scorecard model can be used to evaluate strategies. Key points of the Balanced Scorecard from the four different perspectives:
Financial Perspective:This perspective is concerned with financial objectives, such as increasing revenues, reducing costs, and improving profitability. The financial perspective is essential because it provides an indication of how well the organization is performing financially. In the scenario presented above, the CEOs have prioritized "The Now" and "The Next," which are periods of unpredictable and possibly muted economic recovery, and there is a need for companies to build competencies they wish they'd invested in before. To evaluate strategies in the financial perspective, a company should develop financial metrics such as revenue growth, profit margins, and return on investment (ROI).
Customer Perspective:This perspective is concerned with the organization's relationships with its customers, including customer satisfaction, loyalty, and retention. The customer perspective is essential because it provides an indication of how well the organization is meeting its customers' needs and expectations. In the scenario presented above, leaders face the urgency and complexity of reopening their businesses.
To evaluate strategies in the customer perspective, a company should develop customer metrics such as customer satisfaction, customer retention, and customer acquisition.Internal Processes Perspective:This perspective is concerned with the internal processes that drive an organization's success, including the efficiency and effectiveness of its operations. The internal processes perspective is essential because it provides an indication of how well the organization is executing its strategy.
In the scenario presented above, reopening also requires a program of reinvention, and this presents an opportunity – and a need – for many companies to build competences they wish they’d invested in before. To evaluate strategies in the internal processes perspective, a company should develop internal process metrics such as cycle time, process cost, and defect rates.
Learning and Growth Perspective:This perspective is concerned with the organization's ability to learn and grow, including employee training, development, and engagement. The learning and growth perspective is essential because it provides an indication of how well the organization is positioned for future success. In the scenario presented above, this era is defined by fast-changing shifts in cultural norms, societal values, and behaviors such as an increased demand for responsible business practices and renewed brand purpose. To evaluate strategies in the learning and growth perspective, a company should develop learning and growth metrics such as employee satisfaction, employee turnover, and employee skill development.
How the Balanced Scorecard model can be used to evaluate strategies:Using the Balanced Scorecard model, a company can evaluate its strategies by aligning them with its objectives and developing performance metrics for each objective. The Balanced Scorecard model provides a framework for measuring performance from four different perspectives, which enables the organization to monitor progress towards achieving its objectives and take corrective action if necessary. By using the Balanced Scorecard model, a company can also align individual and organizational goals, which can drive accountability and improve performance.
In addition, the Balanced Scorecard model provides a mechanism for communicating performance results to stakeholders, which can help to build trust and support for the organization's objectives. Therefore, the Balanced Scorecard model can be used to evaluate strategies by providing a framework for measuring and managing organizational performance from four different perspectives.
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Assume that the marginal cost function of a firm is C''(x) = 1+Inx / x
and that the cost of 1 unit is 1. a) Find the cost function C(x). b) Assume that the price per unit, P(r), varies with x ∈ [1, +[infinity]) according to the formula
P(x) = 2 Inx/x + (Inx)²/2x - 1/300 Find the production level that maximizes profit, and compute the maximum profit.
The cost function for the firm is C(x) = x + x In x - x In 1 + x. To maximize profit, the firm should produce at x = 300/In(3/2), which results in a maximum profit of approximately 0.378.
The cost function is found by integrating the marginal cost function twice, using the initial condition that C(1) = 0.
To find the production level that maximizes profit, we first need to find the revenue function, which is given by R(x) = xP(x). Using this function, we can then find the profit function, which is given by π(x) = xP(x) - C(x).
We can then find the value of x that maximizes profit by taking the derivative of π(x) and setting it equal to zero, resulting in x = 300/In(3/2).
Plugging this value of x into the profit function, we find that the maximum profit is approximately 0.378.
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Suppose a company overstates its ending inventory in the current year. What effect will this have on the reported amount of cost of goods sold in the current year
Overstating ending inventory understates the cost of goods sold, inflating gross margin and net revenue. Overstating ending inventory inflates current assets, total assets, and retained profits.
This is further explained below.
The effect on the reported amount of cost of goods sold:Generally, If the closing inventory is overestimated, the cost of goods sold will be underestimated; as a consequence, gross margin and net revenue would be inflated.
Additionally, overstating the ending inventory leads to an overstatement of the current asset value, the total asset value, and the retained profits.
The entire amount that your company spent for costs that are directly connected to the selling of items is referred to as the cost of goods sold (COGS for short).
This may include items acquired for resale, raw materials, packaging, and direct labor involved in making or selling the good. Depending on the nature of your company, this may also include indirect labor.
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A(n) _____ identifies how you feel about an activity or subject.
Answer:
Survey
it questions and identifies how you feel about an activity or subject.
Answer: interest theory
took it on edg.
Which term accurately describes Melanie, who was born in the United States and is currently working in Italy for a company headquartered in China
A third-country national serves as term that is utilized in description of Melanie, that is been given birth to, in the United States but Working in another country like China.
What is third-country national?
This serves as term to describe an individual that is doesn't belong to a citizen of a country such as United States but is is been assigned a duty.
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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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How has that role that service in U.S. Congress plays in the career of a politician changed over time?
a. Service in the U.S. Congress used to be the death of one’s career in politics.
b. Service in the U.S. Congress used to be a mid-career move to gain national experience before returning to state government.
c. It used to be that two mutually exclusive pools of politicians existed: those focused entirely on state politics, and those focused entirely on national politics.
d.It used to be that politicians would stay in the U.S. Congress until they retired, but now the most prestigious positions are in the state legislatures.
Over time, the role that service in the U.S. Congress plays in the career of a politician has evolved significantly. In the past, it used to be that service in the U.S. Congress was seen as the death of one's career in politics
(a). However, this has changed as service in the U.S. Congress is now seen as a mid-career move to gain national experience before returning to state government (b). In the past, two mutually exclusive pools of politicians existed: those focused entirely on state politics, and those focused entirely on national politics (c). But now, politicians can move back and forth between the two levels of government. Additionally, it used to be that politicians would stay in the U.S. Congress until they retired, but now the most prestigious positions are in the state legislatures (d). Overall, the role of service in the U.S. Congress in a politician's career has become more dynamic and flexible over time.
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What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
Which of the following operates through co-ownership with local partners? a) Franchise b) Wholly owned subsidiary c) Joint venture d) Licensed venture.
The option that operates through co-ownership with local partners is a joint venture (Option c). Joint ventures often involve co-ownership with local partners in foreign markets.
A joint venture is a business arrangement in which two or more parties come together to form a new entity for a specific project or business activity. In a joint venture, the participating entities contribute resources, expertise, and capital while maintaining their separate identities and ownership.
Unlike a wholly owned subsidiary, where a company has complete ownership and control over the subsidiary, a joint venture allows for shared ownership and decision-making with local partners. This can be advantageous when entering a foreign market that requires local knowledge, resources, or government relationships. By partnering with local entities, companies can leverage their expertise and establish a presence in the market more effectively.
On the other hand, a franchise involves a contractual agreement where a franchisor grants the rights to operate a business using its established brand, systems, and processes to a franchisee. A licensed venture refers to a situation where a company grants the license to use its intellectual property, such as technology or trademarks, to another entity. Therefore, the correct answer is option (c): joint venture, which operates through co-ownership with local partners.
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