When Home Movies Inc. opened stores in other countries, it increased the company's international market share. Home Movies took advantage of a ________ opportunity.A) diversificationB) market expansionC) market divestmentD) retail format developmentE) market penetration
Answers
When Home Movies Inc. opened stores in other countries, it took advantage of a market expansion opportunity. Option B
Market expansion refers to the process of entering new markets, either domestically or internationally, with existing products or services. In the case of Home Movies, the company expanded its operations to other countries, which allowed it to tap into new markets and increase its international market share.
Market expansion is a strategic approach that companies use to grow their businesses. By entering new markets, companies can diversify their customer base, reduce their dependence on a single market, and increase their revenue streams. In addition, market expansion can help companies to take advantage of new growth opportunities, especially in emerging markets where there is high demand for their products or services.
Home Movies Inc. was able to capitalize on the market expansion opportunity by leveraging its existing resources, such as its brand, products, and operational expertise, to enter new markets. The company conducted market research to identify the most promising markets, developed marketing strategies to attract customers, and established partnerships with local suppliers and distributors to ensure smooth operations.
In conclusion, market expansion was a key factor in Home Movies Inc.'s success in increasing its international market share. By taking advantage of this opportunity, the company was able to expand its reach, increase its revenue, and position itself for long-term growth and success. Option B
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In doing an ethical analysis of whether to continue to do business with Bangladeshi manufacturers, some Western retailers may overlook the consequences of their decision on employees of the Bangladeshi factories because the decision-maker is physically and psychologically distant from the factory workers. What concept does this gap in ethical decisionmaking illustrate? The diffusion of responsibility. The dark side of setting goals. Nozick's Rights Theory. The influence of roles in ethical decision-making. The consequences of secrecy.
Answers
The term which refers to the tendency for individuals to feel less accountable for their actions when they are part of a group or when the consequences of their decisions are not directly visible to them is "diffusion of responsibility." So, the concept that this gap in ethical decision-making illustrates is the "diffusion of responsibility."
In the case of Western retailers and Bangladeshi manufacturers, the decision-makers are physically and psychologically distant from the factory workers. This distance can lead to a diffusion of responsibility, where the retailers may overlook the consequences of their decision on the employees of the Bangladeshi factories.
In this situation, the decision-makers may not fully consider the ethical implications of their choices because they do not directly witness or experience the effects on the factory workers. This can lead to a lack of accountability and a diminished sense of responsibility for the workers' well-being. The diffusion of responsibility can hinder ethical decision-making by creating a psychological barrier that disconnects decision-makers from the real-world consequences of their actions.
To overcome this diffusion of responsibility, decision-makers should strive to actively consider the impact of their choices on all stakeholders involved, including the factory workers. They should take steps to bridge the gap in understanding by seeking information and perspectives from those who are directly affected by their decisions. By doing so, decision-makers can make more informed and ethical choices that prioritize the well-being of all individuals involved.
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unemployment remained above 7our years after the 2007–2009 recession ended. this is an example of a:
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The statement describes an example of prolonged unemployment following a recession.
The statement suggests that unemployment remained high for several years after the 2007-2009 recession concluded. This situation is an example of what is commonly called "jobless recovery." Jobless recovery occurs when an economy shows signs of economic growth and recovery, but the unemployment rate remains elevated for an extended period. It indicates a delayed improvement in the labor market despite overall economic progress.
The 2007-2009 recession, also known as the Great Recession, was a severe economic downturn that had a profound impact on the global economy. Following the recession, the labor market faced challenges in terms of job creation and reduced unemployment rates. Factors such as slow economic growth, industry changes, and structural shifts in the labor market can contribute to prolonged unemployment even after the recession ends. In this case, the extended period of unemployment above 7 years after the recession's end highlights the persistent nature of the challenges faced by the labor market and the time required for the recovery to fully translate into improved employment opportunities.
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Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
Answers
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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Which is a feature of a certificate of deposit (CD)?
Answers
The feature of a certificate of deposit (CD) is that money can be fixed for some period of time.
What is certificate of deposit ?A certificate of deposit (CD) can be described as the savings account which is hep to hold fixed amount of money so that it can be saved for some period of time.
It should be noted that this period could be six months, one year, or five years, and in exchange, the issuing bank pays interest.
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The ________ details how the business expects to go from the beginning cash balance to the desired ending cash balance.
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Cash Budget details how the business expects to go from the beginning cash balance to the desired ending cash balance.
About cash budget :
A cash budget is an estimation of the cash flows of a business over a specific period of time. This could be for a weekly, monthly, quarterly, or annual budget. This budget is used to assess whether the entity has sufficient cash to continue operating over the given time frame. The cash budget provides a company insight into its cash needs (and any surplus) and helps to determine an efficient allocation of cash.
How a Cash Budget Works
Companies use sales and production forecasts to create a cash budget, along with assumptions about necessary spending and accounts receivable collections. A cash budget is necessary to assess whether a company will have enough cash to continue operations. If a company does not have enough liquidity to operate, it must raise more capital by issuing stock or taking on more debt.
A cash roll forward computes the cash inflows and outflows for a month, and it uses the ending balance as the beginning balance for the following month. This process allows the company to forecast cash needs throughout the year, and changes to the roll forward to adjust the cash balances for all future months.
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What are the opportunities of an entrepreneur
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Opportunities of an entrepreneur:
• involves the sale or lease of any product, service, equipment that will enable the purchaser-licensee to begin a business.
• invest in (multiple) businesses
•quality content
• foreign markets
•crowdfunding
weaver company sold 20,000 shares of stock, with a par value of $10, for $50. what value will weaver record for common stock ?
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Because the par value of the shares sold is $10 per share multiplied by 20,000 shares, Weaver Company will record $200,000 for common stock.
Because the stock has a par value of $10 per share, the total par value of 20,000 shares equals 20,000 shares x $10/share = $200,000. However, because the corporation sold the shares for $50 each, the total cash obtained from the sale is 20,000 shares x $50 each = $1,000,000.
The corporation will record the value of common shares based on the par value, not the sale price. As a result, the common stock account will be credited with the amount equal to the par value of the shares sold, which is $200,000. Any surplus from the sale will be credited to the additional paid-in capital account.
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Deb, a licensee, is unhappy with the marketing materials a local company produced. While having coffee with Irving, a licensee with another firm, she tells him about her troubles and recommends he not do business with this company. Irving agrees and even volunteers to spread the word among his colleagues. What's this an example of
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Explanation:
What would be considered evidence of the agency relationship between broker and seller? The listing agent is informed by the seller that, when it rains, the basement gets wet. The agent says nothing to the buyer. ... The agent may be liable to the seller for breach of duty.
In video case study about using powerbi in rwanda, the production of what agricultural product benefited from greater transparency in the value chain between the 200,000 famers and 160 collection points for their product?.
Answers
Milk, A sustainable supply chain must include transparent production as a key component.
What is transparency in value chain?
Having a transparent supply chain means that businesses can tell internal and external stakeholders, including customers, where and how their products are made based on trustworthy data.
Visibility: Accurately recognizing and gathering information from every supply chain connection. Disclosure: Sharing the information with the appropriate level of detail, both internally and externally.
A sustainable supply chain must include transparent production as a key component. This requires entrepreneurs to be transparent about their product sourcing, detailing the precise processes taken in the supply chain to ensure that their items get at the doorstep of their customers.
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Karim Corporation requires a minimum $8,000 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid at the end of each month). Any preliminary cash balance above $8,000 is used to repay loans at month-end. The cash balance on July 1 is $8,400, and the company has no outstanding loans. Budgeted cash receipts (other than for loans received) and budgeted cash payments (other than for loan or interest payments) follow.
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Karim Corporation requires a minimum $8,000 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid at the end of each month).The cash balance on July 1 is $8,400, and the company has no outstanding loans.
Budgeted cash receipts (other than for loans received) and budgeted cash payments (other than for loan or interest payments) follow.
The required answer more than 100 words. So, we'll follow the stepwise approach to solve the given question.
Step 1: Calculate the difference between the actual cash balance and minimum required cash balance. Cash Balance = $8,400Minimum Required Cash Balance = $8,000Difference = $400
Step 2: Determine the interest cost for the month of July Interest Cost = 1% * ($8,000) = $80Step 3: Calculate the excess cash available.
Excess Cash Available = Cash Balance - Minimum Required Cash Balance= $8,400 - $8,000= $400Step 4: Determine the portion of the excess cash used to pay the loan at the end of July. The remaining excess cash should be invested in an interest-bearing account.
Excess cash used to pay the loan at the end of July = Minimum (Excess Cash Available, Interest Cost)= Minimum ($400, $80)= $80Therefore, the remaining excess cash will be used to invest. Hence, $400 - $80 = $320 will be invested in an interest-bearing account.
Now, we will calculate the budgeted cash payments and receipts. Refer to the below table for the same.
Budgeted Cash Receipts: July August September Total Sales90,000115,00082,000Total Receipts90,000115,00082,000Budgeted Cash Payments: July August September Wages & Salaries17,00019,00019,000Rent12,00012,00012,000Other Operating Expenses33,00040,00032,000Capital Expenditures12,00015,0008,000Interest Payments80(1)1,0401,560Total Payments72,160Step 5: Determine the ending balance for July.
Cash Balance, July 1$8,400Add: Receipts in July$90,000Less: Payments in July$72,160Interest Payment in July$80Ending Cash Balance, July$25,240Total interest payment in July is $80 and the ending cash balance for July is $25,240.
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Company A can borrow from a bank at 8% fixed or LIBOR + 19% floating (preference is borrowing at fixed rate)
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Company A should borrow at 8% fixed rate.
What is a company ?A company is a legal entity that is separate from its owners.
Company A should take out a fixed-rate loan of 8%. This is because the LIBOR + 19% floating rate is higher than the 8% fixed rate. The interest rate may change over time because the LIBOR + 19% floating rate is a variable rate. The corporation will be required to pay more interest on its borrowing if interest rates rise. The 8% fixed rate will increase the company's financial stability because it is more predictable.
Furthermore, Company A prefers to borrow money at a set rate. This is so that fixed costs may be more easily budgeted for and planned for. Future cost projections will be more challenging if the company's interest rate is fluctuating.
Therefore, Company A should borrow at 8% fixed rate.
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Full employment means 94-96 percent of the working force is employed.
True
False
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True. Full employment is generally defined as a situation where the majority of people who are able and willing to work are employed.
The exact percentage of the working force that needs to be employed to achieve full employment can vary depending on the country and the specific economic conditions. However, most economists agree that a rate of around 94-96 percent is indicative of full employment. When the rate of unemployment is this low, it is generally believed that most people who want to work are able to find jobs. This can be beneficial for the economy, as it can lead to increased productivity and consumer spending. However, it is important to note that even in situations of full employment, there may still be some level of unemployment due to factors such as people transitioning between jobs or being temporarily out of work.
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60 POINTS !!!!! Remember CTSOs? These organizations provide activities, programs, and competitive events in order to help students develop their career path and build up the skills and abilities needed to be successful, whether that path takes them to entry-level employment, military service, an apprenticeship, a community or technical college, or university. CTSOs are usually specialized and concentrate on certain industries so that the training students get is just what they need for success in that industry. Likewise, a program that specializes in the skilled trades, applied sciences, modern technologies, and career preparation is called a Career Technical Education program or CTE. Many students attend CTE programs to train for their careers, and there are CTSOs that work along with them. For example, the Technology Student Association works with students who have been studying in the technology field, offering robotics building competitions, coding competitions, even contests on building a solar car. Working on these projects helps students put into practice the knowledge that they are gaining in the classroom.
For this activity, you will be researching CTSOs that are available for each cluster. First, create a blank word processing document and save it as “Cluster CTSO.” Then, list all of the clusters:
Agriculture, Food & Natural Resources
Energy
Health Science
Architecture & Construction
Manufacturing
Transportation & Logistics
Education & Training
Engineering & Technology Education
Information Technology
Business, Management & Administration
Finance
Marketing, Sales & Service
Government & Public Administration
Human Services
Law, Public Safety & Security
Arts, A/V Technology & Communication
Hospitality & Tourism
To complete the activity, follow along with the steps below, saving your document frequently.
Pick one career from each cluster by researching My Next Move.
You can either search for a career that you remember learning about in that unit (“Search Careers with Keywords”) or you can use the “Browse Careers by Industry” tab to find a career to research. Repeat for each cluster.
Once you have found one career for each cluster, type the name of the career under the cluster in your word processing document. Then research what kind of CTSO opportunities are available for each career.
Finding Career Training Opportunities
(Note: The above website lists eight different organizations. Use the drop-down menu ‘CTSOs’ to learn more information about each and find one to fit the career you are researching. When you find one for that career, click on that CTSO’s website to research opportunities in your state.)
If you can’t find a CTSO that works for the career you are researching, use the Professional Association Finder to find an industry-specific organization. These might also offer scholarships or intern programs.
When you have located an appropriate CTSO, jot down the following information for each cluster/career in your word processing document:
Which CTSO is available for the career.
What purpose the CTSO serves for that career.
What opportunities in each career type (scholarships, high school programs, etc.) are available in your state.
What leadership opportunity the CTSO offers.
Congratulations! You’ve identified some very valuable resources for each career cluster. You may have already narrowed down which type of career you want to follow, but remember—it is always OK to change your mind. If you do, you can reference this document to find opportunities to learn more about your new chosen career path.
When you are finished, turn in your word processing document.
Answers
CTSOs (Career and Technical Student Organizations) are student-run organizations that provide opportunities for students to develop their leadership, teamwork, and technical skills in a specific career pathway.
How to explain CTSOIn the field of Agriculture, Food & Natural Resources and Energy, there are several CTSOs that students can participate in.
Future Farmers of America (FFA) - FFA is the largest national CTSO in the field of Agriculture, Food & Natural Resources. FFA aims to help students develop their potential for premier leadership, personal growth, and career success through agricultural education. FFA offers a range of activities, such as Career Development Events, leadership conferences, and proficiency awards.
National Young Farmer Educational Association (NYFEA) - NYFEA is a national organization for high school and collegiate students interested in pursuing careers in agriculture. NYFEA provides students with opportunities to learn about the latest agricultural practices, network with industry professionals, and develop leadership skills.
National FFA Organization's Student Energy Team - The Student Energy Team is a program under the National FFA Organization that provides resources for students to learn about energy efficiency and conservation. The program offers hands-on learning experiences, classroom resources, and national recognition for students who demonstrate leadership in energy conservation.
Technology Student Association (TSA) - TSA is a national organization that offers opportunities for students interested in pursuing careers in energy and related fields. TSA offers competitions in areas such as robotics, engineering, and renewable energy. TSA also offers leadership development opportunities, including conferences and leadership training.
SkillsUSA - SkillsUSA is a national organization that provides opportunities for students to develop technical and leadership skills in a range of fields, including Agriculture, Food & Natural Resources and Energy. SkillsUSA offers a range of competitions, leadership development opportunities, and community service projects to help students develop their skills and prepare for successful careers.
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A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
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The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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What is advertising?
Answers
Explanation:
the activity or profession of producing advertisements for commercial products or services.
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Cullumber Company is considering purchasing new equipment for $600,300. It is expected that the equipment will produce net annual cash flows of $69,000 over its 10-year useful life. Annual depreciation will be $60,030. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 10.5.) Cash payback period enter the cash payback period in years rounded to 1 decimal place years
Answers
The cash payback period is 8.7 years.
Given,
Cullumber Company is thinking about spending $60,300 on new equipment.
Over the course of its 10-year useful life, new equipment will provide net yearly cash flows of $69,000.
Depreciation will cost $60,030 per year.
The payback period is the length of time needed for a project's cash inflows to exceed its initial cash outflow.
A project that delivers a quick return is less dangerous than one that generates the same return over a longer period of time, hence this formula is helpful for risk reduction analysis.
Using the payback period formula we get,
Cash payback period = Cost of new equipment / Annual cash flows
Since, depreciation is not a cash outflow or inflow it will not be considered.
Therefore, Cash payback period = $600,300 / $69,000
= 8.7 years
Hence, the cash payback period is 8.7 years.
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Harry's Construction Company specializes in digging foundations for newly constructed homes and businesses. Each worker receives $100 per day in wages and benefitsHe has 2 bulldozers which cost $300 per day Each requires operator
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Based on the cost to Harry's Construction Company, the following are true:
a. $900b. $0c. $900What are Harry's Variable Costs?These are costs that change based on quantity used. The variable cost here will be:
= ( Number of workers x Cost per worker) + (Number of bulldozers x Cost per bulldozer)
= (3 x 100) + (2 x 300)
= 300 + 600
= $900
There are no given fixed costs so the fixed costs are $0.
What are the Total costs?= Variable cost + Fixed cost
= 900 + 0
= $900
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EverFi question for Unit rates with budgets...
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The December 31, 2019 10-K filing for Great Golf Company provides the following footnote information for purchase obligations for the next five years: Unconditional Purchase Obligations During the normal course of its business, the Company enters into agreements to purchase goods and services, including purchase commitments for production materials, endorsement agreements with professional golfers and other endorsers, employment and consulting agreements, and intellectual property licensing agreements pursuant to which the Company is required to pay royalty fees. It is not possible to determine the amounts the Company will ultimately be required to pay under these agreements as they are subject to many variables including performance- based bonuses, reductions in payment obligations if designated minimum performance criteria are not achieved, the Company's sales levels, and severance arrangements. As of December 31, 2019, the Company has entered into many of these contractual agreements with terms ranging from one to six years. The minimum obligation that the Company is required to pay under these agreements is $158,436,000 over the next six years. In addition, the Company also enters into unconditional purchase obligations with various vendors and suppliers of goods and services in the normal course of operations through purchase orders or other documentation or that are undocumented except for an invoice. Such unconditional purchase obligations are generally outstanding for periods less than a year and are settled by cash payments upon delivery of goods and services and are not reflected in this total. Future purchase commitments as of December 31, 2019, are as follows (in thousands): 2020 2021 2022 2023 2024 Thereafter $100,194 48,918 6,726 1,786 812 $158,436 Select one: Pflag question No amounts are listed on Great Golf's balance sheet for commitments and contingencies. On its 2019 balance sheet, Great Golf reported total liabilities and stockholders' equity of $1,275,272,000 and total stockholders' equity of $482,562,000. If Great Golf reported the unconditional purchase obligations in its balance sheet, how would its debt-to-equity ratio change? (Ignore discounting.) A. It would increase by 0.328 B. It would increase by 0.164. No amounts are listed on Great Golf's balance sheet for commitments and contingencies. On its 2019 balance sheet, Great Golf reported total liabilities and stockholders' equity of $1,275,272,000 and total stockholders' equity of $482,562,000. If Great Golf reported the unconditional purchase obligations in its balance sheet, how would its debt-to-equity ratio change? (Ignore discounting.) Select one: A. It would increase by 0.328 B. It would increase by 0.164 C. It would not change D. Not enough information is provided to answer.
Answers
If Great Golf reported the unconditional purchase obligations in its balance sheet, the debt-to-equity ratio would not change. Option C
What will happen If Great Golf reported the unconditional purchase obligations in its balance sheetThis is because the unconditional purchase obligations are not considered as debt in the traditional sense. They represent future payment obligations for goods and services and are not classified as liabilities on the balance sheet.
Therefore, including these obligations on the balance sheet would not affect the calculation of the debt-to-equity ratio, as it is typically calculated using only recognized liabilities.
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many wasps and bees have an hourglass-shaped body with prominent striping. most also have a sting that they use for defense and/or for capturing prey. tropical entomologists have long known that there are many other species of insects that lack a sting, such as flies, moths and beetles, that are remarkable mimics of bees and wasps. the mimics probably arose through
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The question you have asked is "many wasps and bees have an hourglass-shaped body with prominent striping. Most also have a sting that they use for defence and/or for capturing prey. Tropical entomologists have long known that there are many other species of insects that lack a sting, such as flies, moths and beetles, that are remarkable mimics of bees and wasps. The mimics probably arose through..."
The tropical entomologists have long suggested that these other species of insects evolved to mimic the appearance and behaviour of bees and wasps in order to gain protection from predators. The resemblance of these mimics to the wasps and bees can be attributed to a process known as 'Batesian mimicry'. This process is when a less dangerous species takes on the characteristics of a more dangerous species in order to deceive predators. In this case, the less dangerous species of insects (such as flies, moths and beetles) evolved to look like the more dangerous bees and wasps in order to gain protection from their predators.
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does doja cat deserve her fame? what do you think?
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Select the correct answer.
Which of the following is a good resource to help you find a job opening?
A.
Employment offices
B.
Online sources
C.
Family, friends, and other contacts
D.
All of the above
Answers
Answer:
D All of the above
Explanation:
The Federal Communications Commission (FCC) has hired you as a consultant to design an auction to sell wireless spectrum rights. The FCC indicates that its goal of using auctions to sell these spectrum rights is to generate revenue. Since most bidders are large telecommunications companies, you rationally surmise that all participants in the auction are risk neutral. Which auction type—first-price, second-price, English, or Dutch—would you recommend if all bidders value spectrum rights identically but have different estimates of the true underlying value of spectrum rights?
Kindly give a brief one-page description as part of the assignment.
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For an auction to sell wireless spectrum rights where bidders are risk neutral but have different value estimates, a second-price auction is recommended to encourage truthful bidding and maximize revenue for FCC.
In the given scenario, where all participants in spectrum rights auction are risk neutral and value rights identically but have different estimates of true underlying value, the recommended auction is second-price auction.
The second-price auction encourages bidders to reveal their true valuation of spectrum rights because each bidder submits sealed-bid without knowing bids of others.
The bidder with highest valuation wins auction but pays price of second-highest bid. This format incentivizes bidders to bid their true value, as there is no benefit in strategically bidding lower.
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revenues are:multiple choicethe same as net income.the excess of expenses over assets.resources owned or controlled by a company.increases in equity from a company's sales of products and services.the costs of assets or services used.
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Revenues are increases in equity from a company's sales of products and services. In other words, revenues represent the income that a company generates from its primary business activities.
It is important to note that revenues are not the same as net income, which is the total profit that a company earns after subtracting all of its expenses from its revenues. Revenues are also different from expenses, which are the costs of assets or services used by a company to generate its revenues.
Revenues are a crucial metric for businesses, as they are used to calculate important financial ratios such as gross profit margin and net profit margin. Furthermore, revenues are used to determine a company's growth potential and its ability to reinvest in its operations. In summary, revenues are a key indicator of a company's financial health and performance, and they play a critical role in its long-term success.
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FILL IN THE BLANK. In order to compete successfully, most firms today have to provide their customers with better ______ than their competitors.
Answers
In order to compete successfully most firms today have to provide their customers with greater value than their competitors provide.
A for-profit business entity that offers expert services is referred to as a firm. Examples of such entities are corporations, limited liability companies (LLCs), and partnerships. A company, or firm, is a type of commercial entity that operates with the goal of turning a profit by selling products and services. Firm and business or company are interchangeable terms. Corporations and sole proprietorships are just two of the many organizational forms that businesses can use. One-person businesses, partnerships, limited liability companies, and corporations are examples of firms. The phrase is slightly more frequently linked to a partnership. The term originally appeared in English as "business house" in 1744, according to the Online Etymology Dictionary.
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How does Truth-in-lending benefit consumers when shopping for a loan? a. Truth-in-lending allows consumers to be frank with the lenders and talk about very personal things. B. Truth-in-lending requires all lending institutions to eventually convert all of their loans to fixed interest rates. C. Truth-in-lending requires consumers to admit whether or not they can actually afford the loan they’re applying for. D. Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
Answers
Answer:
A
Explanation:
Truth-in-lending allows consumers to be frank with the lenders and talk about very important things
Answer: D
Explanation:
Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
taking the test rn edge 21-22
Why would finance charges be applied to a customer with a credit card?
• if the customer did not use the car
• if the customer paid the entire bill
• if the customer did not pay off the entire bill
if the customer charged the maximum amount
Answers
Answer:
Finance charges are applied to a customer with a credit card if the customer did not pay off the entire bill. Here are the reasons why:
Credit cards allow customers to borrow money from the credit card company to make purchases.When a customer uses a credit card, they are essentially taking out a loan from the credit card company.The credit card company charges interest on the loan, which is known as a finance charge.If the customer pays off the entire bill by the due date, they will not be charged any finance charges.However, if the customer does not pay off the entire bill, the remaining balance will be subject to finance charges.Finance charges are typically calculated based on the average daily balance of the account over the billing cycle.The finance charges will continue to be applied until the customer pays off the entire balance.Therefore, if the customer did not pay off the entire bill, finance charges will be applied, regardless of whether they used the card, paid the entire bill, or charged the maximum amount.
Nancy is an economist who believes that the best way to grow the economy is through tax cuts to increase the incentive to work and invest. Though these tax cuts might initially increase the budget deficit, Nancy is convinced that the economic growth that results will actually increase government tax revenue. Nancy is best described as a _____.'
Answers
Answer:
supply-side economist
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
Supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.
This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.
Generally, supply-side economist are of the opinion that one of the best way to grow a country's economy is by introducing tax cuts so as to increase the incentive for households to work and invest.
However, these tax cuts might initially cause the budget deficit to rise, supply-side economist are convinced that the consequent economic growth will give rise to an increase in government tax revenue.
Hence, Nancy is best described as a supply-side economist in this scenario.
Can Someone Please help me with this ASAP
From the following list of terms, select the one that best fits each definition below. Write your selected word on the lines provided.
Word bank:
feedback
empathy
active listening
credibility
consistency
packaging options
image
interpersonal
initiative
electronic
Questions:
1. One method of recording client requests. ____________________
2. A skill when using appropriate body language. ____________________
3. Good customer service builds the reputation, trust ____________________ of a business.
4. A communication skill needed to understand customers. ____________________
5. An example of choices that customers have. ____________________
6. Personal hygiene and grooming contribute to one’s ____________________.
7. Important in understanding the needs and point of view of a client. _____________________
8. Means reliability and constancy. ______________________
9. Employers appreciate workers who use their own ____________________ when making decisions.
10. When customers provide comments or reactions to customer service. ___________________
Answers
______________
1.One method of recording client requests. electronic. 2. A skill when using appropriate body language. _active listening 3. Good customer service builds the reputation, trust credibility of a business.__________. 4. A communication skill needed to understand customers. interpersonal 5. An example of choices that customers have. _packaging options. 6. Personal hygiene and grooming contribute to one’s_image. 7. Important in understanding the needs and point of view of a client. empathy. 8. Means reliability and constancy. consistency. 9. Employers appreciate workers who use their own ___initiative when making decisions. 10. When customers provide comments or reactions to customer service. feedback
a university student center sells 1,600 cups of coffee per day at a price of $ 2.40 $2.40. (a) a market survey shows that for every $0.10 reduction in price, 60 more cups of coffee will be sold. how much should the student center charge for a cup of coffee in order to maximize revenue? (b) a different market survey shows that for every $ 0.10 $0.10 reduction in the original $ 2.40 $2.40 price, 60 more cups of coffee will be sold. now how much should the student center charge for a cup of coffee in order to maximize revenue?
Answers
The total revenue would be $2.24 x 10,400 = $23,296 per day.
We need to use the concept of price elasticity of demand, which measures the responsiveness of the quantity demanded to a change in price. In this case, we know that a $0.10 reduction in price leads to a 60 unit increase in the quantity demanded.
(a) To maximize revenue, we need to find the price that generates the highest total revenue. We can use the following formula:
Total revenue = Price x Quantity
Let x be the number of $0.10 reductions in the original price of $2.40. Then the new price is $2.40 - $0.10x, and the new quantity demanded is 1600 + 60x. Substituting these values into the formula, we get:
Revenue = (2.40 - 0.10x) x (1600 + 60x)
Expanding and simplifying, we get:
Revenue = -6x^2 + 960x + 3840
To maximize revenue, we need to find the value of x that corresponds to the vertex of this quadratic function. This can be found using the formula:
x = -b/2a
where a = -6, b = 960. Plugging in these values, we get:
x = -960 / 2(-6) = 80
This means that the student center should reduce the price by $0.10 x 80 = $8, from $2.40 to $2.32, in order to maximize revenue. At this price, the quantity demanded would be 1600 + 60 x 80 = 6400 cups of coffee per day, and the total revenue would be $2.32 x 6400 = $14,848 per day.
(b) If the market survey shows that for every $0.10 reduction in the original price of $2.40, the quantity demanded increases by 60 units, the analysis is the same as in part (a), except that the new price is $2.40 - $0.10x, and the new quantity demanded is 1600 + 60x. Using the same formula and calculations as before, we find that the student center should reduce the price by $0.10 x 160 = $16, from $2.40 to $2.24, in order to maximize revenue. At this price, the quantity demanded would be 1600 + 60 x 160 = 10,400 cups of coffee per day, and the total revenue would be $2.24 x 10,400 = $23,296 per day.
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