Walmart and Nordstrom maintain very different strategic profiles, one based on cost-leadership and the other based on differentiation through superior customer service. This is an example of ______. Multiple choice question. a strategic failure by Walmart the trade-offs required by strategic positioning a strategic failure by Nordstrom differences in industry norms
Answers
Based on the provided information ,where Walmart and Nordstrom were based on cost-leadership and the other based on differentiation through superior customer service can be seen as an example of trade-offs required by strategic positioning.
A trade-off can be regarded as situational decision which entails the situation whereby there is a loss in quality for gains in other aspects.
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Related Questions
In developing data for accounts receivable for the pro forma balance sheet, the analyst is most likely to turn to the?
Answers
In developing data for accounts receivable for the pro forma balance sheet, the analyst is most likely to turn to the pro forma income statement.
A pro forma income statement is a document which shows a business’s adjusted income if any certain financial inputs are removed. In other words, it is the way to show what will be the income of the business if some costs are excluded.
A pro-forma balance sheet is a depiction future projections in tabular form and also can help the business to manage its assets in the current period for better results in the future.
It can also assure that there will be no surprises in the future when it will come to paying the bills or getting returns on investors and also keeping inventories in stock.
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Each day, while Spencer is sitting at his desk at work, he continually thinks about germs. Each time this occurs, he washes his hands. Spencer probably suffers from __________.
Answers
Spencer probably suffers from obsessive-compulsive disorder (OCD) related to germs.
Spencer's constant thoughts about germs and the repetitive handwashing behavior, it is possible that he is suffering from obsessive-compulsive disorder (OCD). OCD is a mental health disorder characterized by recurrent, intrusive thoughts (obsessions) that lead to repetitive behaviors (compulsions) aimed at reducing anxiety or distress caused by those thoughts. In this case, Spencer's obsession with germs and the compulsion to wash his hands are indicative of OCD symptoms. It is important to note that a proper diagnosis can only be made by a qualified healthcare professional based on a comprehensive evaluation of Spencer's symptoms. Based on the information provided, it seems that while at work, Spencer frequently thinks about germs and feels compelled to wash his hands. Spencer probably suffers from Obsessive-Compulsive Disorder (OCD).
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_________ business model generation stems from a strategic analysis aimed at identifying the target market and creating an optimal value proposition for the key players in that market a. Top-down b. Optimal c. Derived d. The preferred e. Bottom-up
Answers
The business model generation stems from a strategic analysis aimed at identifying the target market and creating an optimal value proposition for the key players in that market is the optimal business model generation.
The optimal business model generation approach involves conducting a thorough analysis of the target market and strategically designing a business model that aligns with the identified market needs and preferences. It focuses on creating a value proposition that maximizes the value delivered to customers while considering the capabilities and resources of the organization.
This approach aims to find the most effective and efficient way to generate revenue and sustain competitive advantage in the market. By tailoring the business model to meet the specific requirements of the target market, companies can position themselves for success and long-term profitability.
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Question 5. Amaroo Pty Limited—audit sampling (4%)
Amaroo Pty Limited is a retailer of computer equipment. It carries approximately 250 stock lines, with individual items ranging in value from $1 to $25,000. Approximately 25% of the year-end stock is expected to be held at the company's central warehouse with the remainder spread evenly across 7 retail outlets. A full stocktake will be carried out at all locations at year-end. The inventory system produces the following reports:
Complete stock listing showing: stock code, total quantity held, cost per unit, total cost per stock item. The stock listing also gives a breakdown of where the stock items are held by location and the total value of stock held at each location.
Ageing report of all stock lines showing: stock code, total quantity held, sales quantity over each of the past three months, monthly purchase details
In addition, the system produces a stock sheet report for each location which lists a description and the stock code of each item held at that location pet the perpetual records. Quantities are not included, as these are completed by the count teams.
Required
With reference to the information above:
Identify the population from which samples must be selected to satisfy the existence and completeness assertions respectively.
Describe how MCA should select samples to test the existence and completeness assertions at each location. Which assertion should more attention be paid to and why?
List two CAATs that could be used to help gather the evidence, including at least one feature of Active Data for Excel.
Answers
The population from which samples must be selected to satisfy the existence and completeness assertions are the items in the inventory system reports.
For existence assertion, samples should be selected from the complete stock listing, aging report of all stock lines, and stock sheet report for each location. For completeness assertion, samples should be selected from the stock sheet report for each location and the stock listing, focusing on the items that are held at each location.
More attention should be paid to the completeness assertion, as it will help to identify any stock items that were not included in the count teams' records.
Two CAATs that could be used to help gather the evidence are data analytic procedures, such as testing for unusual values in the ageing report and reviewing the distribution of the stock values in the complete stock listing; and Active Data for Excel, which can help to extract data from large datasets, enabling the auditor to gain an overview of the items in the inventory system.
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what importance does the stationery and information sources play in the effective and efficient Operation of an organization?
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Based on the organizational activities model, the importance of stationery and information sources in the effective and efficient operation of an organization includes "the source of quality and quantity data on the production input."
Some other importance of stationery and information sources in the effective and efficient operation of an organization includes the following:
It serves as the place to gather data about the strengths and weaknesses of the firms.It is also the source to gather the information opportunities and threats of the organizations.It is also a source of keeping records of finance, employees, success, and failures of the firms.Hence, in this case, it is concluded that the stationery and information sources in an organization are vital to its success.
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in willy wonka for each person who finds a golden ticket describe his/her personality
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Augustus Gloop: Augustus is a gluttonous and selfish character who is constantly eating and only thinks about himself. He is the first to find a golden ticket.
Veruca Salt: Veruca is a spoiled and entitled character who always gets what she wants. She is the second to find a golden ticket.
Violet Beauregarde: Violet is a competitive and stubborn character who is always chewing gum and is obsessed with winning. She is the third to find a golden ticket.
Mike Teavee: Mike is a technological and aggressive character who spends all of his time watching television and playing video games. He is the fourth to find a golden ticket.
Charlie Bucket: Charlie is a kind, honest, and humble character who comes from a poor family. He is the last to find a golden ticket and is the main protagonist of the story.
What is Willy Wonka?Generally, In the novel "Charlie and the Chocolate Factory" and its various adaptations, five children are chosen to visit Willy Wonka's chocolate factory by finding golden tickets in Wonka Bars.
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Rachel lives and works on her father's dairy farm as a large animal veterinarian. The farm does not
employ any outside workers. One of the cows is having a difficult time delivering her calf. As Rachel approaches to help, the cow kicks wildly breaking Rachel's arm. Is Rachel covered under the OSH Act?
Yes, because Rachel's injury is job-related.
Yes, because Rachel works for her father and is not self-employed.
No, because Rachel is an immediate family member employed on her father's farm.
No, because Rachel's family farm does not employ outside workers.
Answers
Answer:
No, because Rachel's family farm does not employ outside workers
Explanation:
No, because Rachel's family farm does not employ outside workers. Under the OSH Act since Rachel's family does not employ outside workers they are not seen as an official business and therefore are not protected under the act. The workers on the farm are not seen as employees but instead family members helping one another and acting as co-owners of the farm. Therefore, the act does would not provide any coverage to Rachel in this scenario.
opportunity entrepreneurs are those who start their own business because they lost a job. true or false?
Answers
Opportunity entrepreneurs are those who start their own businesses because they lost their jobs. The above statement is False.
An entrepreneur is a person who decides to take the risk of launching a new business. Entrepreneurship is the aggregation of capital and labor to produce things or services for profit. Entrepreneur realizes their idea by founding a business to carry it out.
An entrepreneur is someone who establishes or runs their own company. Entrepreneurs are businesspeople who succeed by taking chances, whether they be in the farming, retail, manufacturing, or service sectors.
An entrepreneur is a person who decides to take the risk of launching a new business.
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Lower-level managers typically confront ______. A) unstructured problems. B) new and unusual problems. C) programmed decisions. D) nonprogrammed decisions
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Lower-level managers typically confront programmed decisions among the following. Option C is correct.
Those decisions that are used to arrive at a solution or conclusion are referred to as "programmed decision-making," and they are those that already follow a plan or rule.
To put it another way, managers have already made decisions of this kind before, and it's a process that's always the same. Non programmed decisions are novel and devoid of clear guidelines for arriving at a solution, whereas programmed decisions are based on criteria that are well understood.
Managers can quickly arrive at decisions because they can establish rules and guidelines for programmed decisions based on known facts.
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richard owns an insurance policy that is renewable only at the option of the insurance company. his policy is considered to be
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A non-renewable insurance policy is a type of insurance policy that can only be renewed at the option of the insurance company. This type of policy does not guarantee renewal, and the insurer may choose not to renew the policy at any time.
This type of policy is becoming increasingly popular in the insurance industry as it allows the insurer to better manage their risk and to adjust premiums to reflect current market conditions. Non-renewable policies are typically issued for a set period of time. These can be beneficial for insurers as they can better manage their risk. However, they can be disadvantageous for policyholders as they do not guarantee renewal and the policy may be cancelled at any time.
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What is the amount of physical goods and services that can be bought with a given amount of money?
Answers
Answer:
please Elaborate like how much money do you have or something
Case study : British petroleum Refinery explosion case 2005
What are BP's Core Competencies? Are they a source of
sustainable Competitive advantage? why and Why not ?
Answers
BP (British Petroleum) had several core competencies that contributed to its competitive advantage prior to the 2005 refinery explosion.
Core competencies are unique capabilities and resources that enable a company to differentiate itself from competitors and create value for customers. Let's examine BP's core competencies and evaluate whether they provided sustainable competitive advantage.
Technical Expertise: BP had extensive technical expertise in the oil and gas industry, including exploration, drilling, refining, and distribution. This expertise allowed BP to efficiently extract and process oil, ensuring a reliable supply of petroleum products to meet market demand.
Global Presence: BP had a significant global presence with operations in various countries. Its extensive network of refineries, distribution channels, and retail outlets provided a competitive advantage by enabling BP to reach customers worldwide and capitalize on diverse market opportunities.
Strong Brand Reputation: BP had established a strong brand reputation and recognition as a major player in the energy industry. The company's commitment to safety, environmental sustainability, and corporate social responsibility positioned BP as a trusted and responsible energy provider.
Research and Development Capabilities: BP invested heavily in research and development to develop innovative technologies and practices for efficient and sustainable energy production. These capabilities allowed BP to stay ahead of industry trends, reduce costs, and mitigate environmental impacts.
However, following the 2005 refinery explosion in Texas City, BP faced significant challenges, including reputational damage and increased scrutiny regarding its safety practices. The incident highlighted shortcomings in BP's safety culture and raised questions about the sustainability of its competitive advantage.
While BP's core competencies provided a competitive advantage in the past, they were not sustainable in the long term due to the negative impact on the company's reputation and the subsequent costs associated with safety improvements and legal settlements. The explosion exposed weaknesses in BP's safety management systems and undermined the perception of BP as a responsible and reliable energy provider.
Ultimately, sustainable competitive advantage requires not only strong core competencies but also effective risk management, safety practices, and a commitment to ethical conduct. In the case of BP, the refinery explosion revealed vulnerabilities that eroded its competitive advantage and necessitated significant efforts to rebuild trust and enhance safety measures.
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If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:
A) getting two credit cards, so you always have a line of credit open for use.
B) raising your borrowing limit on your credit card so you can spend more
C) only credit cards that offer a low APR
D) only credit cards that offer zero annual fees even if the APR is high.
Answers
The answer is D, I jus took the quiz so you can trust this answer
When an individual is sure that they will be able to pay off the balance of your credit card bill in full each month, Then it is advisable for the person should consider only using credit cards that offer zero annual fees even if the APR is high.
For better understanding let's explain the terms
Credit cards are often offered by financial companies to its customers for withdrawal of their money from their account. APR is simply known as annual percentage rate. It is the annual interest rate that is charged for using credit.The removal or no annual fee is better for an individual who can pay their credit card bill each month.From the above we can therefore say that the answer When an individual is sure that they will be able to pay off the balance of your credit card bill in full each month, Then it is advisable for the person should consider only using credit cards that offer zero annual fees even if the APR is high, is correct
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________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.
Answers
Answer:
wrap around mortgage
Explanation:
A wrap-around mortgage is can be used in deals of owner-financing.
Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.
why do retailers want to determine the lifetime value of their customers? how does past customer behavior help retailers anticipate future customer retention?
Answers
Retailers want to determine the lifetime value of their customers so they can understand the value of their relationships with customers and forecast the potential revenue they can generate in the future. Past customer behavior helps retailers anticipate future customer retention by providing insights into what incentives and rewards customers respond positively to, which products are most popular, and what marketing strategies and promotional campaigns have worked best in the past. With this data, retailers can then optimize their strategies to improve customer satisfaction and loyalty and increase future revenue.
For example, a retailer may identify customers who are particularly loyal and understand the particular reasons why they remain loyal. This could include incentives such as discounts, promotional items, and exclusive sales. The retailer can then tailor their loyalty rewards and marketing campaigns to other customers with similar characteristics. This can help to increase customer satisfaction and increase the likelihood of customers returning in the future.
Retailers can also use past customer behavior to better understand customer preferences and buying trends. This data can help them to stock more of the items that customers are most likely to purchase, while also helping them to adjust prices to maximize profits. Furthermore, retailers can use data from past customer behavior to refine their marketing campaigns and understand which channels and strategies are the most successful in attracting and retaining customers.
In conclusion, by determining the lifetime value of their customers, retailers can better understand their customers’ preferences and purchasing habits, tailor their marketing and loyalty campaigns to increase customer satisfaction and retention, and maximize their profits in the long run.
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According to derek johnson, who was interviewed in joel holland's (2010) entrepreneur magazine article, where (when) is the best place to start a business?
Answers
According to Derek Johnson, the best place to start a business is in college. He said so because college is a place where there is more time and resources to do research and also can test business concepts.
Businesses assist society first via the distribution of goods and offerings that are critical for survival. Moreover, they devise employment possibilities that help individuals inside the society earn earnings to find the money for their wishes.
A business case describes the purpose, or cause, that a corporation was to start with the base. It describes what makes a commercial enterprise-specific, in addition to what the commercial enterprise plans to do. A commercial enterprise cause isn't a project or value statement and is a great deal shorter than each.
One of the pinnacle business keys to success is taking calculated risks. dangers are an element and parcel of jogging a commercial enterprise. They let you make the right decision and end up a better entrepreneur who can take their commercial enterprise to the following degree
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Section 11 of the Securities Act of 1933 uses the term material fact to limit the amount of information required. Under the Act, the standard used to determine an item’s materiality
A. may be found in FASB pronouncements.
B. is the auditor’s professional judgment.
C. has been established by the SEC as a percent of net income or of total assets.
D. is the average prudent investor.
Answers
D. is the average prudent investor.
Section 11 of the Securities Act of 1933 requires companies to provide full and fair disclosure of all material facts in their registration statements.
The term "material fact" refers to information that a reasonable investor would consider important in making an investment decision.
The standard used to determine whether an item is material is based on the perspective of the average prudent investor. This means that the determination of materiality is based on what a typical investor would find significant in evaluating the investment.
The other s provided (A, B, and C) are not accurate in the context of determining materiality under the Securities Act of 1933. FASB pronouncements ( A) relate to accounting standards, the auditor's professional judgment ( B) may be used in auditing but not specifically for determining materiality, and the SEC has not established a specific percentage of net income or total assets ( C) as the standard for materiality.
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The legal form of business ownership in which owners have limited personal accountability for the debts
and dealings of the company is called a_____.
A.partnership
b. sole proprietorship
C.limited liability company
D. corporation
Answers
The _____ risk has been encountered if a business has no answer to fight back against its competition.
financial
operational
compliance
strategic
Answers
When a business is unable to fight back against its competitors effectively, then a strategic risk has been encountered.
What is a strategic risk?This refers to the risk that the strategies of a business will not allow it to be competitive in the market.
When competitors come up with new processes and a business is unable to match them, this is therefore strategic risk.
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subunits, such as departments or groups, can also acquire and wield power. under which condition is this true? a. when a group's activities are limited and peripheral to the firm b. when a group's work is substitutable or able to be outsourced c. when the organization is going through a period of uncertainty d. when there are plentiful resources so a subunit can accumulate them
Answers
When the organization is going through a period of uncertainty, subunits such as departments or groups can also acquire and wield power. (option.c)
This is because during times of uncertainty, the normal power structures may be disrupted or weakened, and subunits can take advantage of the situation to assert their influence.
In contrast, if a group's activities are limited and peripheral to the firm or their work is easily substitutable or outsourced, they may not have as much power.
Additionally, if there are plentiful resources, a subunit may be able to accumulate them, but this alone may not necessarily lead to them acquiring and wielding power.
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Help ASAP!!!! most possible answer
Answers
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
Why is it important to keep your own financial records?
Answers
Answer:
You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business
Explanation:
Can someone please help me with this
Assignment 4R
(20 points)
Assignment 4R: Career Development
Instructions
Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 4, you learned about career development. Now, you'll apply what you learned.
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
5. Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would use these methods for job seeking. (1-2 sentences. 3.0 points)
6. Write your answers to at least three of the Lesson 2 questions on the What You Want from Your Life page. (1-3 sentences. 3.0 points)
TIP: Separately, you can write out a vision statement for yourself. Since it's personal, you don't have to turn in your vision statement, but you should turn in your answers to at least three of the questions about what you want from your life.
7. Describe a career you would like to have, and explain how you could get started and then advance in that career. (1-3 sentences. 3.0 points)
8. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application. (2-5 sentences. 3.0 points) CAUTION: To protect your privacy, make sure you don't list the names of specific places where you've worked or gone to school.
Answers
Answer:
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
Customer support, also known as phone support, is the best example of a task that makes a lot of sense to outsource in a corporation. Even if the costs can be large, there are several parts where hiring, having office space and training, and paying taxes on support representatives are not. It makes sense because it is the most effective way to outsource a business to provide a better service to the customer..2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
Human resources professionals are responsible for keeping personnel policies for the organizations for which they operate up to date. These policies regulate how a company is run, from recruiting and firing to sexual harassment and other types of workplace discrimination.New workers are given personnel policies to study, and they are often asked to sign a statement stating that they have reviewed and understand the policies. Policies and processes differ from one organization to the next, but some elements are shared.3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
Where they live, where they came from, and who to contact if anything bad happens are all mentioned under the heading details.Workplace Environment: Be aware of what is going on around you and ensure that it is secure for employees.They should have three or four skills: Being willing to complete the job that has been assigned to them.4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
I would recruit for attitude and then train for skills using employee referral systems. When it comes to hiring, the employees can be a reliable source of information. They have acquaintances and colleagues who work in the same area. Create a policy that allows employees to refer qualified applicants for open positions within the organization. Since skills can be learned, a smart recruiter can look for attitude when hiring workers. The best applicant should have a positive attitude about a job that requires the necessary skills, which is difficult to come by in most cases. As a recruiter, the approach to use here is to find someone who has a good attitude about a work advertisement.Why do governments want to
keep their economies growing?
Answers
Answer:
to get stronger and have more power
you work 20 hours a week at $7.25 hour. how much would i make in a week?
Answers
Answer:
145 dollars a week.
Explanation:
Money you earn for an hour's work = $7.25
Money you will earn per week , if you work for 20 hours each week :-
\(\texttt{= 20 × 7.25}\)
\(\texttt{= 145}\)
Therefore , each week you would earn :-
\( = $ 145\)
Kathy and Jake are purchasing a house and are financing $465,000. The mortgage is a 20-year
5/1 ARM at 3.5% with a 2/7 cap structure. What will the remaining balance be after the first 5 years?
a $396,038.65
b$427,354.28
c $407,836.29
d $377,238.57
Answers
Answer:
D
Explanation:
The remaining balance on a 20-year 5/1 ARM at 3.5% interest with a 2/7 cap structure after 5 years will be $377,238.57.
Pro life tip: Do NOT finance your home with an ARM mortgage.
Good luck in your studies!
What is the present value of a 10-year annuity of $3,000 per period in which payments come at the beginning of each period? The interest rate is 12 percent. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. When using Appendix D to find the present value of this annuity due, subtract 1 from n and add 1 to the table value. (Do not round intermediate calculations. Round your final answer to 2 decimal places. )Present value_____$
Answers
A 10-year annuity with payments beginning at the beginning of each period equaling $3,000 has a present value of $18,984.75.
What is the net present value formula?Initial investment minus cash flow is the NPV. NPV is the present value of the anticipated cash flows divided by the present value of the invested cash. ROI is the ratio of total costs to total benefits.
Why do we use the present value method?For valuing future cash flows, the appropriate discount rate must be chosen. You can determine whether a given amount of money is worth more now than it is in the future using the present value. The present value demonstrates that the money you get today is not worth the money you get in the future.
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Which of the following are examples of back-of-the-house employees?
A. Front desk clerks, reservation agents, and bell attendants.
B. Hosts, hostesses, and parking attendants.
C. Housekeepers, building engineers, and laundry attendants.
B. Servers, cashiers, and concierges.
Answers
T/F. Marginal cost-benefit analysis states that financial decisions should be made and actions taken only when added benefits exceed added costs
Answers
True. Marginal cost-benefit analysis suggests that actions should be taken if the additional benefits outweigh the additional costs.
True. Marginal cost-benefit analysis is an economic principle that examines the incremental costs and benefits of a decision or action. According to this principle, decisions should be made and actions should be taken only when the additional benefits exceed the additional costs.
By comparing the marginal benefits and marginal costs, decision-makers can assess the efficiency and desirability of a particular course of action. If the marginal benefits outweigh the marginal costs, it indicates that the action is likely to generate a net gain and is therefore considered economically rational.
This analysis allows individuals, businesses, and policymakers to evaluate the potential impacts of their decisions and choose options that maximize benefits while minimizing costs.
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What is your opinion on traditional directed government benefits versus
universal income?
Answers
Answer:
I believe that a form of universal income would be a better policy than the traditional directed government benefits or welfare.
Explanation:
This is because the idea of the universal income would be to replace the welfare programs, by giving people a reasonable amount of money so that they can decide by themselves in what utilities or amenities to spend that money.
Programs with poor incentives like food stamps, or inefficiently run public-programs, could be replaced by universal income without causing harm to ther beneficiaries, and possibly even generating more benefit.