National sovereignty is NOT one of William C. Fredericks' four sources from which codes derive moral authority.
William C. Fredericks identified four sources from which codes derive moral authority: social dynamics, equality, market integrity, and personal autonomy. These sources represent different aspects of society and individuals that contribute to the moral foundation of codes.
Social dynamics refer to the interactions and norms within a society that shape ethical behavior. It encompasses the cultural, social, and historical context in which codes are developed and upheld.
Equality emphasizes the principle of fairness and equal treatment for all individuals. It highlights the importance of codes that promote justice, non-discrimination, and equal opportunities.
Market integrity pertains to the ethical conduct and practices within economic systems. It focuses on codes that promote transparency, honesty, and responsible behavior in commercial transactions.
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ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answer:
understanding the interest rate
Explanation:
i took the test
These are the cost and revenue functions for a line of 24-pound bags of dog food sold by a large distributor: r(x) = -31.72x2 2,030x c(x) = -126.96x 26,391 the maximum profit of $ can be made when the selling price of the dog food is set to $ per bag.
When the dog food is sold at $ 34 per bag, the maximum profit of $ 10277.32 can be realized.
What is revenue?Revenue is a measure of how much money a business makes through selling products or services. Finance experts utilize revenue, often known as income, to calculate profitability. Income can be found on numerous financial statements.
Revenue calculation is quite easy for simple business types. However, it is more challenging to estimate income accurately the more complicated the firm.
Profit = Revenue - Cost
P(x) = R(x) -C(x)
P(x) = \(-31.72x^2 + 2,030x - (-126.96x + 26,391)\)
Spread the negative sign out.
= \(-31.72x^2 + 2,030x+126.96x - 26,391\)
Conjoin similar terms
= \(-31.72 x^2 + 2156.96 x - 26391\)
A parabola exists here. It is pointing down. At the vertex, profits are highest ( where the max is)
vertex = \(h=\frac{-b}{2a} \\h=\frac{-(2156.96)}{2(-31.72)} \\h=\frac{-2156.96}{-63.44} \\h=34\)
P(x) at x=34 is evaluated to calculate the profit.
P(34) = \(-31.72 (34)^2 + 2156.96 (34) - 26391\)
= -36668.32+73336.64 - 26391
= 10277.32
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Hedge funds are prohibited from investing or engaging in:.
The Investment Company Act of 1940 forbids hedge funds from making public offerings, and they are governed by the Securities Act of 1933 and Securities Exchange Act of 1934's anti-fraud laws. The only restriction on a hedge fund's investment universe is its mandate.
Any asset, including land, real estate, derivatives, currencies, and other alternative assets, can be purchased by a hedge fund. Contrarily, mutual funds typically have to adhere to stocks or bonds. One of the most active parties engaged in shorting activities is hedge funds. The majority of hedge funds attempt to reduce market risk by shorting stocks or industries they believe to be overvalued.
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among modes of conveying real property that are involuntary, but involve a deed, which is most likely to be flawed, resulting either in litigation or failure of conveyance?
The correct answer is :
Deeds are the main methods for transferring real estate interests. They are a unique type of contract that may be identified by a collection of provisions that specify the precise property interest being transferred. The "quality" of a deed is determined by how strong the covenants (promises) it contains. However, there are rare situations where property might change hands to a new owner without a deed and even without any formal document at all.
Grantor and grantee (both with signatures).
For a deed, just the grantor must be of legal age and competence, unlike most contracts where both parties must meet these requirements.
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A(n) __________ is a document intended to assure authorities in the exporting country that the product will be used for legitimate purposes.
A(n) export license or export permission is a legal document that aims to reassure the government of the exporting nation that the commodity will be utilized lawfully.
When a company wants to export goods from one country to another, they need to obtain the necessary permissions and licenses to do so. An export license or export permit is one such document that is required by the authorities in the exporting country. This document is intended to assure the authorities that the product being exported will be used for legitimate purposes and not for any illegal or unauthorized activities.
The export license or permit is issued by the government of the exporting country and serves as a legal authorization for the export of certain goods. The issuing process involves a review of the product and its intended use, and the applicant must provide detailed information about the product, the destination country, and the end-use of the product.
Export licenses and permits help ensure that sensitive products, such as military equipment or high-tech goods, do not end up in the wrong hands. They also help prevent illegal trade and ensure compliance with international regulations and agreements.
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What are the advantages and disadvantages of the three primary business writing formats?
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
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You are a representative from one of the software companies you
recommended in the recommendation proposal assignment. You got a
lead that Access Mortgage Company responded for more information
about
As a representative of the software company, it is important to provide additional information about the product and services that we offer.
Access Mortgage Company's interest in our product indicates their need for a reliable software solution to manage their business.
Our software provides a comprehensive platform for mortgage companies to streamline their operations, manage customer information, and improve communication between departments.
Our user-friendly interface and customizable features make it easy for companies to tailor the software to their specific needs. Our team also provides training and support to ensure a smooth transition to our software.
We look forward to working with Access Mortgage Company to provide them with a solution that meets their needs and helps their business succeed.
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under current us gaap, firms may account for an investment in an equity security using any of the following three approaches: held-to-maturity (htm), available-for-sale (afs), or trading.
Under current US GAAP (Generally Accepted Accounting Principles), firms may account for an investment in an equity security using any of the following three approaches: held-to-maturity (HTM), available-for-sale (AFS), or trading.
1. Held-to-Maturity (HTM): With the HTM approach, firms account for equity securities that they have the intent and ability to hold until maturity. These securities are reported at amortized cost on the balance sheet, with any unrealized gains or losses unrecognized.
2. Available-for-Sale (AFS): Under the AFS approach, equity securities that are not classified as HTM or trading securities are accounted for. These securities are reported at fair value on the balance sheet, with unrealized gains or losses recorded as a separate component of shareholders' equity until realized.
3. Trading: Equity securities classified as trading are those bought and held principally for the purpose of selling them in the near term. They are reported at fair value on the balance sheet, with unrealized gains or losses recognized in the income statement.
Each approach has specific criteria and reporting requirements, and firms must carefully consider the nature of the investment and their intentions in order to determine the appropriate accounting treatment.
Under US GAAP, firms have the flexibility to account for investments in equity securities using the held-to-maturity, available-for-sale, or trading approaches. The choice of approach depends on the firm's intent and the nature of the investment.
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Which of the following situations would be the most appropriate to use a slide presentation?
A. A new employee is asked to introduce himself to the company with a five minute talk about his background.
B. You and your design team are asked to draft a report for the board of directors on areas where the business is weak.
C. Ben has to present his findings on sales revenue to his management team.
D. Nandira, your new boss, asks you for a 10 minute meeting to give her an update on a project.
A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
Answer:
A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
Explanation:
What is NOT a result of listening attentively to others?
- you show that you care about them
-you make them feel confident
-you make them feel self-conscious
- you give them a feeling of self-worth
The answer is "you make them feel self-conscious."
Listening attentively to others typically results in positive outcomes, such as showing that you care about them, making them feel confident, and giving them a feeling of self-worth.
However, it does not typically make them feel self-conscious. Active listening and genuine interest in others' perspectives and experiences usually contribute to a supportive and comfortable environment, where individuals feel valued and understood. The intention is to create a safe space for open communication and collaboration, rather than making others feel self-conscious or uncomfortable.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
How many people work as box office managers?
Answer:
hmmm like in the world?
Explanation:
Answer: a valid amount of people
Explanation:
Margarita borrows $14,000 from her uncle and agrees to repay it in monthly installments of $400. Her uncle charges 0.9% interest per month on the balance.
(a) If her balance An in the nth month is given recursively by A0 = 14,000 and An = k · An − 1 − 400, what is k?
(b) Find her balance after two months. (Round your answer to the nearest cent.)
The value of k is 0.4
Balance after two months is $13,104.
(a) Using the given recursive formula, we can write out the first few terms of the sequence:
A1 = k · A0 - 400 = k · 14,000 - 400,
A2 = k · A1 - 400 = k · (k · 14,000 - 400) - 400.
We know that after two months, Margarita's balance should be $13,400 (14,000 - 400 - 400).
So we can set up the equation,
13,400 = k · (k · 14,000 - 400) - 400 and solve for k.
Simplifying the equation, we get
0.9k² - 9k + 21 = 0.
Solving for k using the quadratic formula, we get
k = 5 or k = 0.4. However, since we know that the balance is decreasing each month, k must be less than 1. Therefore, k = 0.4.
(b) Using the formula,
An = 0.4 · An-1 - 400, we can find her balance after two months:
A2 = 0.4 · A1 - 400 = 0.4 · (0.4 · 14,000 - 400) - 400 = $13,104.
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education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Need Help ASAP
Discuss two conflicts that might arise in a workplace. How would you handle these conflicts?
Must Have six sentences
Answer:
Its possible that someone may not like you. It can cause friction and decreases moral. I would have a witness such as a supervisor and discuss what the issue may be. Another issue is sexual harassment or a hostile work environment in which you document everything and take it to Human Resources.
A Southem Georgia school district is considering ordering 51 propane-tueled school busos. "Theyre healthier, they're deaner burring, and they'ro much quioter than the diesel opton," said a school administraloc. Propane-powerod buses also reduce groenhouse gasses by 20% compared to gasoline-powered buses and 4% compared to diosel ones. But thoy oome at a premium- $90,000 for a propane model, $20,000 more than the diesel equivalent. The propane bus operafing cost (above and beyond fuel cost) is 28 cents/milo, compared to 39 cents for the diesel. Diesel fuet costs about $2 gallon in Goorgio, about $1 more than propane. Bus mleage is 13mpg for the propane model vs. 10mpg for diesel. The lifo of a school bus in the divtrict averages 11 years, and each bus travels an average of 35,000 miles per year because the district is so large and nural. Which bus is the better choice based on a life-oyclo annlysin? The total cont of uving one propane-fueled bus during its life cycle is 5 (Round your response to the nearest dolar)
The propane-fueled bus is the better choice based on a life-cycle analysis.
Which bus is the better choice based on a life-cycle analysis?The Southern Georgia school district is considering the purchase of either propane-fueled or diesel school buses. While the propane buses have advantages such as being healthier, cleaner, and quieter, they come at a premium cost of $90,000, which is $20,000 more than the diesel equivalent.
However, propane buses have lower operating costs at 28 cents per mile compared to 39 cents for diesel, and they also emit fewer greenhouse gases.
The mileage of the propane model is 13 mpg, while the diesel model achieves 10 mpg. With an average bus lifespan of 11 years and an annual mileage of 35,000 miles, a life-cycle analysis is needed to determine the better choice.
Based on this analysis, the total cost of owning one propane-fueled bus over its lifespan is calculated to be $192,400, considering the initial cost, operating costs, and fuel expenses.
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Why is it important for people to be careful to manage their debts?
Answer:
A debt management company can help by analysing your situation and giving you good advice on the best debt solution to suit your needs. A debt consolidation loan may also be a good way of arranging your debt and making it easier to pay back
Explanation:
Hope this helped Mark BRAINLIEST!!!
What does a cash flow statement indicate from the investors' point of view?
from the investors' point of view, the cash flow statement indicates whether the company is in a good position to pay (blank 1) to its shareholders and invest in (blank 2)
blank 1
a. dividends
b. interest
c. drawing
blank 2
a. loans
b. assets
c. stock
From the investors' point of view, the cash flow statement indicates whether the company is in a good position to pay dividends to its shareholders and invest in assets. Option A (dividends) and Option B (assets) are the correct answers.
The cash flow statement is a financial statement that provides information about the inflow and outflow of cash within a company over a specific period. For investors, this statement is crucial as it reveals the company's ability to generate and manage cash. By analyzing the cash flow statement, investors can assess whether the company has sufficient cash flow to pay dividends to its shareholders, which is an important consideration for those seeking returns on their investments.
Additionally, the cash flow statement helps investors determine if the company has enough cash to invest in assets, which can contribute to future growth and profitability.
Option A (dividends) and Option B (assets) are the correct answers.
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... is an economic system where consumers can choose what to buy and where to buy
A. Planned economic system
B. Mixed economic system
C. Market economic system
D. Tradition economic system
it is C. Market Economic system!
as I read and knew once I found of by reading the sentence you put.
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for confirming it for me. and you can find out more about Economic Systems there for sure also !!
Answer:
it can be either mixed or a market economy
Explanation:
Which control standard is stated most effectively?
Multiple Choice
Praise employees more often this month.
Empower employees to make more decisions next year.
Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.
Cut the number of finished product rejects.
The control standard that is stated most effectively is: Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.
What is meant by the term control standard?This is the term that is used to refer to all of the set standards in an organization that has the ability of taking care of several measures as well as their control and all forms of corrective measures.
It helps in the comparison of the subsequent performance with the performance that used to exist.
Hence we would say that the answer is Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.
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The amount of money paid to an investor for each share of stock they own is called a:
share.
supply.
dividend.
ticker.
Answer:
Dividend
Explanation:
Part of the cost of capital
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.
To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.
The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.
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Select the qualification that is best demonstrated in each example.
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
Floyd is a Repair Worker who lifts heavy objects.
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Explanation:
The qualification that is best demonstrated out of all the options would be that Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene's ability to stay on task has no direct correlation with being a highway worker.
Floyd's ability to lift heavy objects also has no direct correlation with being a repair worker.
Pedro's ability to explain a problem to a customer has no direct bearing on being a mechanical door repairer.
The only option with direct correlation is a stationary engineer's ability to figure out what is wrong with machinery for heating a building. A stationary engineer is also known as operating or power engineer.
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
✔ problem-solving skills
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
✔ independence
Floyd is a Repair Worker who lifts heavy objects.
✔ physical strength
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
✔ communication skills
Explanation:
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Some organizations are said to have a ____________
culture because they value treating people fairly, with respect and
dignity, and support work-life balance.
a.
detail-oriented
b.
service-o
Some organizations are said to have a service-oriented culture because they value treating people fairly, with respect and dignity, and support work-life balance. A service-oriented culture places a strong emphasis on customer service and creating a positive work environment for employees.
In a service-oriented culture, organizations prioritize the needs and satisfaction of their customers. They strive to provide excellent customer service by understanding and meeting customer expectations. This involves training employees to be customer-focused, empowering them to make decisions that benefit the customer, and fostering a customer-centric mindset throughout the organization. By valuing the importance of serving customers well, these organizations aim to build long-term relationships and achieve customer loyalty.
However, a service-oriented culture is not limited to external customers. It also extends to internal customers, which are the employees within the organization. Organizations with a service-oriented culture recognize the importance of treating employees with fairness, respect, and dignity. They create a positive work environment that supports employee well-being, work-life balance, and professional growth. This can be achieved through policies and practices that promote flexible working arrangements, employee development programs, open communication, and recognition of employee contributions.
By fostering a service-oriented culture, organizations can benefit from increased employee satisfaction, productivity, and engagement. When employees feel valued and supported, they are more motivated to deliver exceptional service to customers. This, in turn, leads to improved customer satisfaction and loyalty, ultimately contributing to the organization's success.
Overall, a service-oriented culture is characterized by a strong commitment to delivering excellent service to customers and creating a positive work environment for employees. It reflects the organization's values of fairness, respect, and work-life balance, and sets the foundation for building strong relationships with both external and internal stakeholders.
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Define buisness collaboration. What are the things to be considered in buisness collaboration?
Answer:
Is a working practice where people work together for a commonpurpose to a achieve a bussiness benefit. Type of collbration is network, coalitions and movement and public private partnership and collective impact initiatives
Explanation:
This is the best way I can explain it hope this helps u
_____ are financial intermediaries that participate directly in securities markets, buying and selling stocks and bonds for their own account. group of answer choices
securities dealers are financial intermediaries that participate directly in securities markets, buying and selling stocks and bonds for their own account.
What are financial intermediaries ?
Financial intermediary. - A financial intermediary is an organisation that raises money from investors and provides financing for individuals, companies and other organisations e.g. banks, insurance companies and investment funds. - It is an important source of financing for corporations.
What are the 4 types of financial intermediaries?
A financial intermediary is an institution or individual that serves as a middleman among diverse parties in order to facilitate financial transactions. Common types include commercial banks, investment banks, stockbrokers, pooled investment funds, and stock exchanges.
Securities dealers include individuals or firms that specialize in security market transactions by
(1) assisting firms in issuing new securities through the underwriting and market placement of new security issues, and
(2) trading in new or outstanding securities on their own account.
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During a restructure, a company has four jobs to which it wishes to re-assign staff members. The line-managers for the four jobs each interview the same four candidates, and rank their preferences. The preferred candidate for job 1 is Chang, followed by Ali, then Davies, then Bala. The preferred candidate for job 2 is Bala, followed by Ali, then Chang, then Davies. The preferred candidate for job 3 is Bala, followed by Davies, then Chang, then Ali. The preferred candidate for job 4 is Chang, followed by Davies, then Ali, then Bala. (a) (i) By allocating weights of 1, 2,3 and 4 according to these interview rankings, show that using the Hungarian Algorithm gives two possible optimal allocations of candidates to jobs. State what those allocations are. (ii) A company director is concerned that, since this approach can yield two different optimal solutions, it could in theory produce infinitely many different optimal solutions. Is the director right about this? Why or why not? [10 marks] (b) The company decides to create some computer code to quickly allocate staff to jobs using this method. As the computer development team work on the code, they start discussing how the algorithm works and what aspects are important. Give, with justification, the answers to the following questions. (i) It is proposed that weightings of 1,3,5 and 7 should be used instead. Would this change the optimal allocations? (ii) Is it possible that, when trying to cover all the zeros in the matrix, only one line is needed? (iii) Can there be an optimal solution that is not visible in the final matrix, in that it includes an entry that is not equal to 0 ? (iv) Can a row that contains a zero at one point in the algorithm have no zeros at a later point in the algorithm? [16 marks] (c) A fifth potential candidate for these jobs, Espinoza, is identified. Espinoza has a similar skill-set to Chang but less experience, so is ranked immediately after Chang for all four jobs. Use a modification of your method from (a) to find all optimal allocations of the jobs in this case. [14 marks ] State clearly any assumptions you make. (d) The staff members who were interviewed also give their preferences for which job they would like to be allocated. Ali: 2 (first choice), 3, 4, 1 (fourth choice) Bala: 3, 2, 1, 4 Chang: 2, 1, 4, 3 Davies: 1,3,4,2 Espinoza: 1, 2, 3, 4 To maintain morale, the leadership team hopes to respect these wishes, in addition to the preferences of the line-managers from the interviews. In particular, they do not want to allocate a staff member to their least preferred job. How would you advise the leadership team to allocate the jobs? You should set up any optimisation problems to be solved, and justify your choice, but you do not need to find the solution
(a) (i) Let us use the Hungarian algorithm to allocate weights of 1, 2, 3, and 4 according to these interview rankings. The minimum weight among all potential assignments is highlighted in each row and column.
The minimum weight highlighted is 1 for all rows and columns.
Hence, we subtract 1 from each element of the matrix to reduce the matrix to a square matrix that has a sufficient number of 0s. We need to find the optimal allocation of candidates to jobs.
There are two possible optimal allocations of candidates to jobs. The optimal allocations are as follows:
Allocation 1: Chang-1, Bala-2, Ali-3, Davies-4
Allocation 2: Bala-1, Chang-2, Davies-3, Ali-4
(ii) The director is right that since this approach can yield two different optimal solutions, it could in theory produce infinitely many different optimal solutions.
This is because of the multiple optimal solutions property of the Hungarian algorithm, which can lead to infinitely many optimal solutions in some cases.
However, the conditions necessary for this situation to occur are not satisfied in the current case. Thus, the director is incorrect in the context of the given problem.
(b) The answers to the following questions are given with justification.
(i) Using weightings of 1, 3, 5, and 7 instead of 1, 2, 3, and 4 will not change the optimal allocations. The optimal allocation is determined by the ranking and not the weights assigned to the candidates.
(ii) No, it is not possible that only one line is needed when trying to cover all the zeros in the matrix. If only one line is used, there will be at least one job that will remain unassigned.
(iii) Yes, an optimal solution that is not visible in the final matrix can exist. An optimal solution is one that has the least total weight, and some optimal solutions may be equivalent in terms of total weight but have a different composition of assignments.
(iv) Yes, a row that contains a zero at one point in the algorithm can have no zeros at a later point in the algorithm. When a row is selected, the matrix's zeros will be covered by lines in columns other than the selected row. This may cause additional zeros to be uncovered in the row, leading to the row being processed again.
(c) Let's adjust the algorithm to account for the new candidate. Chang and Espinoza have equal skill sets but differ in experience. Hence, they are equally likely to be considered. So, we arbitrarily choose Chang. The optimal allocations are as follows:
Allocation 1: Chang-1, Bala-2, Ali-3, Davies-4
Allocation 2: Bala-1, Chang-2, Davies-3, Ali-4
Allocation 3: Espinoza-1, Bala-2, Ali-3, Davies-4
Allocation 4: Bala-1, Espinoza-2, Davies-3, Ali-4
(d) The optimal allocation that considers the line managers' preferences and respects the staff members' wishes is as follows:
Chang-1, Ali-2, Bala-3, Davies-4.
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True or false? friction can be used to describe challenges that hold back your internal teams as well as challenges that hold back your customers
'The Statement is True.
Friction can be used to describe challenges that can hold back your internal teams as well as challenges that hold back your important customers.
The concept of business friction is not come to be new since it is anything that can prevent and dissuades each and every customer from buying your desired products as well as services. On behalf of the customers, friction can be considered as very long wait times for the activity of holding and those particular products that are in a number of out of stock or having any kind of bad experience with a website of a specific company.
In order to remove friction internally, you need a clear evaluation of how teams gonna work together, processes their work, and how accessed data flows. It can remove all kinds of obstacles that can prevent us from getting any critical stuff to be done. We should have a look both at how a business runs well and the one who is running any business.
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