If the utility function is concave it is most likely plot of the utility-of-wealth function for a risk-averse person.
Utility is a concept in economics used to simulate value or value. Its application has changed significantly over time. Moral philosophers such as Jeremy Bentham and John Stuart Mill first used the phrase to define pleasure or happiness as part of the utilitarian hypothesis.
In neoclassical economics, which dominates contemporary economic theory, the term has been modified and reused to refer to a utility function that represents a consumer's preference for a set of choices. , but n is not comparable between individuals.
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Which would be the most effective and economic way if Giselle wants to let her clients know about the discount she is offering in her salon
ervices?
A sending flyers
Св. social media
C. releasing an ad in the newspaper
D. word-of-mouth publicity
If Giselle wants to inform her consumers about the discount she is offering in her salon services, the most practical and cost-effective method is to use social media.
What is social media?Social media is defined as interactive digital transmissions that support creative activity by disseminating ideas, information, participation, and other types of information via virtual assemblages and networks.
The most practical and cost-effective strategy for Giselle to educate her customers about the discount she is offering in her salon services is to use social media, as it is worldwide.
Therefore, option B is correct.
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Hector received three A’s and one b in his college course. What is his grade point average? Assume each course is three credits. A=4.0, b=3.0, c=2.0, d=1.0
Answer:
I think it is A id don't know
Q3. Obtain an initial basic feasible solution to the following transportation problem
using Vogel’s approximation method.
D1 D2 D3 D4
A 5 1 3 3 34
B 3 3 5 4 15
C 6 4 4 3 12
D 4 -1 4 2 19
21 25 17 17 80
To use Vogel's approximation method to find a simple, workable solution to the transportation issue mentioned above.
How to calculate feasible solution?Determine the cost of the penalty for each cell:
D1 D2 D3 D4
A 5 1 3 3 34 (0) (50-4-2) = 44
B 3 3 5 4 15 (0) (30-9-3) = 18
C 6 4 4 3 12 (0) (20-11-5) = 4
D 4 -1 4 2 19 (0) (25-10-6) = 9
21 25 17 17 80
Find the column and row for each that has the highest penalty cost:
Column 1: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Column 2: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Column 3: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Column 4: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Row 1: C1 = 44, C2 = 44, C3 = 44, C4 = 44, maximum penalty in C1 and C2
As the initial cell, choose the one with the highest penalty cost:
(R1, C1) = 44
Give the chosen cell the supply and demand information:
Allocate 5 units to (R1, C1)'
D1 D2 D3 D4
A 0 1 3 3 34 5 (50-4-2) = 44
B 3 3 5 4 15 0 (30-9-3) = 18
C 6 4 4 3 12 0 (20-11-5) = 4
D 4 -1 4 2 19 0 (25-10-6) = 9
21 25 17 17 80
Repeat steps 2 through 4 until all supply and demand are met:
Column 2: R2 = 18, R3 = 4, R4 = 9, maximum penalty in R2
Row 2: C2 = 44, C3 = 18, C4 = 15, maximum penalty in C2
(R2, C2) = 18
Allocate 3 units to (R2, C2)
D1 D2 D3 D4
A 0 0 3 3 34 5 0
B 3 0 5 4 15 3 (30-9-3) = 18
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Rest of the question is,
Fat units Cost per unit
A 20 50 4 2
B 30 30 9 3
C 40 20 11 5
D 40 25 10 6
E 45 50 9 8
F 30 20 10 8
True False
An employee's loyalty to colleagues, managers, or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
It is a true statement that an employee's loyalty to colleagues, managers or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
What is an ethics in business?The business ethics refers to any standards for the morally right and wrong conduct in business. It is also defined as those conduct that are “legal” and “ethical” which enhances the law by outlining acceptable behaviors beyond government control.
In the context of ethics, a misconduct means any wrongdoings but not limited to any criminal, fraudulent, illegal or dishonest activity that constitutes a breach of trust. However,
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Which one of these is covered by a specific type of insurance policy?
A.Off grid homes
B. Condominiums
C. Home with more than two stories
D. Homes in rural areas
Answer:
A.Off grid homes
Explanation:
Specific type of insurance policy covers the most common perils except those specifically excluded perils such as earthquake, flood, nuclear disaster, landslide.
OFF GRID HOMES refer to homes which are self-sufficient without reliance on modern technology and public utilities. That means that this homes do not have access to electricity, gas, water, etc.
Therefore, these homes can be insured by a specific type of insurance policy.
The off-grid homes should be covered by a specific type of insurance policy.
The following information should be considered:
The specific insurance refers to the type of property insurance where only one person's property should be covered by the policy.It should be possible for the one property for the coverage that too is done from a specific insurance policy.Therefore the other options are incorrect.
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The purpose of market research by entrepreneurs is to:
a) Gather data
b) Analyze data
c) Make better decisions
d) None of the above
Submit
Answer:
C Make better decisions
Answer:
the answer is C to make better decisions
Identify, below, an example of an in-text citation that would come after a direct quote:
O (King, 1967, para. 17).
O (Retrieved from Dr MLK Jr.'s 1967 Blue Print Speech.)
O (Blueprint Speech, 1967, King.)
O "King, 1967, para.17"
Option (a), an illustration of an in-text citation following a direct quote is King (1967, para. 17).
What recognizes in-text reference from reference?In-text citations are the brief citations you include in the written text to help the reader understand which sources you are quoting or referring to, such as (1) or McEwan, 2022. References are the complete details of the source that you have cited in your writing.
An in-text citation is the abbreviated form of the reference that you include in the body of your work. It gives you enough information to figure out the source in your list of references. The brief form typically includes: the name of the author's family, and year of publication.
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16. The following actions could help to improve energy usage in an organisation: (Please tick the correct answers) 1. Use energy-efficient building materials for future projects, e.g. double glazing, better insulation, and natural sources for heating, cooling, lighting and airflow. 2. Encourage carpooling, public transport and riding or walking to work. 3. Increase ambient temperature in winter and decrease in summer, e.g. set air conditioning to 18°C instead of 22°C in summer. 4. Extend maintenance intervals. 5. Choose energy-efficient vehicles. 6. Establish a carbon offset program for travel or other activities.
Buildings account for 33% of greenhouse gas emissions and 40% of world energy demand. Our attempts to combat climate change will be largely dependent on how sustainable and energy-efficient new construction is.
Additionally, green buildings may benefit investors, businesses, and employees. These actions contribute to greater energy efficiency, lower pollution levels, and even fewer automobiles on the road. Carpooling has been shown in several studies to lower carbon dioxide emissions.
The tilt of the Earth's axis is the key factor. Many people think that the Earth's proximity to the sun during the summer and its distance during the winter is what causes temperature fluctuations. In actuality, the distance between the Earth and the sun is greatest in July and greatest in January.
Regular maintenance programs frequently start on predetermined time- and mileage-based intervals. By averting more significant and expensive problems, the goal of changing components and fluids on a regular maintenance plan is to save money over time.
With a rated energy consumption of 25 kWh per 100 miles, the rear-wheel-drive, standard-range Tesla Model 3 small car will be the most effective EV in 2022.
By funding carbon reduction initiatives, people or organizations, in this example airline passengers and business clients, can "neutralize" their share of an aircraft's carbon emissions for a certain flight.
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Name and describe three ways that companies can benefit from being ethical.
Sadie is a reporter who has researched an in-depth article about the prevalence of mercury found in local fish. During her investigation she finds that although a few fish have been caught with high levels of mercury, for the most part, they are rare. Considering that Sadie’s organization needs to sell ad space, which title will she MOST likely pick for this article?
A.
No Cause for Alarm with Local Fish
B.
Few Fish Affected by Mercury, Study Finds
C.
Mercury Levels Not an Issue Here
D.
Toxic Ingredients in Local Seafood
The title that Sadie is most likely to pick for the article, considering that her organization needs to sell ad space, is B. Few Fish Affected by Mercury, Study Finds.
Why is the title appropriate ?The title of Sadie's investigation accurately portrays the rarity of local fish with high mercury levels. It puts forward an optimistic perspective by emphasizing the low incidence of mercury within these aquatic species, possibly sparking interest from advertisers and readers.
However, choosing option A which says No Need to Worry About Local Fish, may undermine concerns related to mercury poisoning risks in fish, hindering engagement from people and marketers alike.
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Consider the following BPMN diagram:
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Which best describes an employer of Consumer Services workers? O a manager of a retail store a principal of a private school O a worker in a spa an archbishop in a church
A manager of a retail store and a principal of a private school, Best describes an employer of Consumer Services workers.
What are customers?A client is a person who purchases goods, services, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration. This definition applies to sales, commerce, and economics.
An individual or business that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate income; without them, they would cease to exist.
Customers' queries and worries should be heard, and any necessary responses should be given. Describe items and services in detail. Take orders, compute costs, and handle invoicing or payment processing. Examine customer accounts and make any required adjustments.
Therefore, option (A) is correct.
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3. What are some potential negative outcomes of filing for bankruptcy?
Harwell Company manufactures automobile tires. On July 15, 2016, the company sold 1,000 tires to the Nixon Car Company for $50 each. The terms of the sale were 2/10, n/30. Harwell uses the gross method of accounting for cash discounts.Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on July 23, 2016.Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on August 15, 2016.
Answer:
A.July 15
Dr Accounts receivable 50,000
Cr Sales revenue 50,000
July 23
Dr Cash 49,000
Dr Sales discounts 1,000
Cr Accounts receivable 50,000
B. July 15
Dr Accounts receivable50,000
Cr Sales revenue 50,000
Aug. 15
Dr Cash 50,000
Cr Accounts receivable 50,000
Explanation:
A.Preparation of journal entries to record the sale on July 15 and collection on July 23 using the gross method of accounting for cash discounts.
July 15
Dr Accounts receivable 50,000
Cr Sales revenue 50,000
(1,000 tires×$50 each)
July 23
Dr Cash 49,000
(50,000-1,000)
Dr Sales discounts 1,000
(2%×50,000)
Cr Accounts receivable 50,000
(1,000 tires×$50 each)
B.Preparation of journal entries to record the sale on July 15 and collection on August 15 using the gross method of accounting for cash discounts.
July 15
Dr Accounts receivable50,000
Cr Sales revenue 50,000
(1,000 tires×$50 each)
Aug. 15
Dr Cash50,000
Cr Accounts receivable50,000
(1,000 tires×$50 each)
Critically explain how management is a social integrated and continuous process
Management is a social, integrated, and continuous process because it involves people working together to achieve common goals over time. It is social because it involves interactions between people, including managers and employees, as well as interactions between the organization and its stakeholders, such as customers, suppliers, and the community. These interactions are essential for effective management, as they help to build relationships, establish trust, and foster collaboration. Management is integrated because it involves coordinating and aligning different functions and activities within the organization. This includes planning, organizing, leading, and controlling, as well as other processes such as communication, decision-making, and problem-solving. These processes are interconnected and interdependent, and they must work together seamlessly for effective management. Finally, management is a continuous process because it involves ongoing efforts to improve performance and achieve organizational goals. This requires a focus on learning, innovation, and adaptation, as well as a willingness to change and evolve over time. Effective management requires a long-term perspective and a commitment to continuous improvement, as well as the ability to respond to changing circumstances and emerging opportunities. In summary, management is a social, integrated, and continuous process that involves people working together to achieve common goals over time. Effective management requires a focus on building relationships, coordinating activities, and continuous improvement, as well as the ability to adapt to changing circumstances and emerging opportunities.
Good planning and wise use of insurance can eliminate all risk. True or false?
Answer:
False.
Explanation:
Good planning and wise use of insurance are some ways you can reduce risk, but it won't eliminate all risk.
Suppose one-seventh of the employees of a certain company work in the Southeastern region. If the company employs 256 workers in that region, what is the total number of employees working for the company?
Answer:
1792
Explanation:
256 is 1 out of 7.
so 7 times 256 is 7 out of 7
256 x 7 = 1792
Shawn recently purchased a shampoo to rectify dry hair. It has been weeks now and there has been no improvement in the texture of his hair. Shawn will not buy the same shampoo again in the future.
Shawn is displaying _________.
Answer:
dissonance
Explanation:
Just got it right on Edmentum
Reverse logistics is required because?
Supervisory managers are mostly concerned with which type of planning?
Answer:
Operational
Explanation:
Supervisory managers oversee things like schedules, inventory, and employee tasks. Day to day planning. These are functions of operational planning.
Jimmy export copra to Australia for A $5000 when exchange rate IS KI= A$0.50 What is the total revenue earn from the export?
The total revenue earned from export is 10,000KI.
To calculate the total revenue earned from the export, multiply the amount of copra exported by the exchange rate.
Given:
Amount of copra exported = A$5000
Exchange rate: 1 KI = A$0.50
Total revenue = Amount of copra exported * Exchange rate
Total revenue = A$5000 * KI/A$0.50
Simplifying the expression:
Total revenue = A$5000 / (A$0.50/KI)
To divide by a fraction, we can multiply by its reciprocal:
Total revenue = A$5000 * (KI/A$0.50)
Calculating the product:
Total revenue = 5,000 * 2KI
Total revenue = 10,000KI
Therefore, the total revenue earned from the export of copra to Australia is 10,000KI.
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The complete income acquired from trade is 10,000KI. To work out the absolute income acquired from the product, duplicate how much copra traded by the swapping scale.
Exchange includes the exchange of labor and products starting with one individual or substance then onto the next, frequently in return for cash. Financial experts allude to a framework or organization that permits exchange as a market.
An early type of exchange, trade, saw the immediate trade of labor and products for different merchandise and services,[1] for example exchanging things without the utilization of money.
Current income merchants by and large haggle through a mode of trade, like cash. Subsequently, purchasing can be isolated from selling, or acquiring. The innovation of cash (and letter of credit, paper cash, and non-actual cash) incredibly streamlined and advanced exchange.
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Joey has opened a restaurant. He paid a large amount of money up front to get the business started. He only sells products that are licensed by someone else. What type of business opportunity is Joey a part of?
Question 9 options:
1: Franchise
2: Dealership
3: Licensing
4: Network marketing
Answer:
Franchise
Explanation:
The answer is FRANCHISE
if competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be _________.
Answer:
If competitors cannot easily copy the benefit a company chooses to promote, the benefit is said to be preemptive.
Given the competitive landscape in which Lululemon finds itself today, what would you do if you were Chip Wilson?
a. Pursue a proxy fight and try to put in a new set of boardmembers that are more favorable to him.
b. Attempt a hostile takeover of the firm by getting a line of equity and trying to take the company private.
c. Sell his shares and move away from the company.
The thing I would do if i were Chip Wilson and found myself with the competitive landscape is:
c. Sell his shares and move away from the company.What is a Competitive Landscape?This refers to the business analysis which makes use of statistical data and other means to identify potential competitors in the market.
With this in mind and from the complete text, we can see that because Lululemon's stocks fell to 40% after a comment he made, then he would have to sell his shares and leave the company.
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Using the service blueprint, make a list of all the potential key service failure points and the associated customer expectations. For example a service failure point with expectations is: check-in should be fast and hassle free. You should find 10 to 15 service failure points.
Using a service blueprint, a list of potential key service failure points and their associated customer expectations would depend on the industry and the customer preference.
What are some potential key service failure points ?Some general key service failure points would include:
Check-in should be fast and hassle-free.Staff should be knowledgeable and able to provide accurate information.Service should be delivered within the promised timeframe.Billing and payment processes should be transparent and error-free.Facilities should be clean, well-maintained, and comfortable.Communication should be clear and timely, keeping customers informed about any delays or changes.Staff should be friendly, courteous, and attentive to customer needs.Resolving complaints and addressing issues should be handled promptly and effectively.Product or service quality should meet or exceed customer expectations.Personal data and privacy should be protected and kept secure.Service should be personalized and tailored to individual customer preferences when possible.Any service disruptions or interruptions should be minimized and resolved quickly.Accessibility should be ensured for customers with special needs or disabilities.Service recovery actions should be proactive and designed to restore customer satisfaction after a service failure.Any additional fees or charges should be clearly communicated upfront to avoid surprises.Find out more on service points at https://brainly.com/question/15580877
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MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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In management, scholars argue that,1 + 1 = 10. Do you agree? Explain.
Answer:
I disagree.
Explanation:
Scholars may argue that 1+1= 10. But in fact if you do simple addition, 1+1 is 2. Not 10.
What is the difference between final goods and intermediate goods?
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Swart Electrical is a Small, Medium and Micro Enterprise (SMME) specialising in electrical supplies in South Africa. The founder and CEO, Mr Swart prefers to solicit inputs from managers of different departments before formulating organisational goals. However, once planning has been concluded, he does not allow managers to deviate from the set goals. Which one of the following options is evident in the scenario regarding the costs of planning? Select one: a. Planning could cause delays in decision-making. O b. Planning consumes management time. O c. Planning demotes co-ordination. Qd. Planning may create rigidity.
The one options that is evident in the scenario regarding the costs of planning is: d. Planning may create rigidity.
Which evident in the scenario regarding the costs of planning?According to Mr. Swart's planning methodology, once objectives have been stated, managers are not permitted to stray from them.
This suggests that rigidity may have been a result of the planning process since it prevents flexibility or adaptability in response to a changing environment. While planning is crucial for providing direction and organizing efforts, if it is applied too strictly, it may also breed inflexibility.
Therefore the correct option is D.
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Discuss the principle of Acquisitions Management thoroughly. What is the most important? What do you think will become more important over the next two decades?