as bart brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. he chose the franklin utilities fund. if he invests $75,000 and the fund charges a load of 4.50 percent when shares are purchased, what is the amount of commission (load) bart must pay?

Answers

Answer 1

The amount of commission Bart must pay is $1275.

What is a commission?

The payment for goods or services sold in form of commissions is a type of variable pay. Salesperson motivation and reward frequently involve commissions. Incentives like commissions might be used to promote the particular sales techniques. When offering the substantial reductions, for instance, commissions might be cut. Alternatively, commissions could go up when a company sells a certain product it wishes to advertise. A sales incentive program, which may comprise one or more commission plans, is often the structure within which commissions are administered. The principal-agent problem is often solved by businesses by calculating payments as a proportion of revenue in an effort to better align employee interests with those of the business. Other models, such profit-based or bonus-based approaches, are also viable in addition to percentage-based models.

The computation of amount of commission for paying

= Invested amount × fund charges load percentage

= $30,000 × 4.25%

= $1,275

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Related Questions

Is ExxonMobile a product or service company

Answers

i think a product and service since it has both im not sure sorry :(

Service company it proves a lot of resources that there give.

One number that represents a group of numbers is called a/an

Answers

Answer:

Average.

Explanation:

One number that represents a group of numbers is called an average. The most commonly used average in the real world for the calculation of different parameters such as gross pay, average pay, price, quantity etc, is the simple average.

In order to calculate an average, the total number of items are added together and then divided by the number of items.

For example, find the average of the salaries of five (5) employees who earn $10, $5, $50, $20 and $15 respectively.

Given, number of employees = 5

Total sum of money earned = 10+5+50+20+15 = 100

Average = Total sum of money/number of employees

Substituting the values, we have;

Average = 100/5

Average = 20.

Hence, the average pay of the five (5) employees is $20. This $20 represents a group of salaries earned by the five employees.

You make an initial deposit of $46.82 into your checking account. A week later you deposit your paycheck of $78.36. You write checks for $16.93, $26.25 and use your debit card to purchase items totaling $9.27 and $6.95. How much money do you have in your account now? *

Answers

Answer:

$65.78

Explanation:

The deposits to the accounts are

initial deposit $46.82

paycheck $78.36

Total deposits = $125.18

Withdrawals

checks $16.93,

$26.25

purchases $9.27

$6.95.

$59.4

Balance will be $125.18- $59.4

=$65.78

Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT

Answers

Answer:

Loss

Explanation:

Because she started with 860.00 then ended with 300

Answer:

350

Explanation:

I guessed

nadia is the finance manager of a retail store. she invests the store's excess cash in because she knows that if a cash shortage occurs, she can simply sell it on the open market and obtain needed funds.

Answers

Nadia invests the store's excess cash in a commercial certificates of deposit, so that she can simply sell it on the open market and obtain needed funds.

A business Certificate of Deposit or also known as CD can be described as an interest-earning “term deposit” where funds are kept on deposit for an agreed length of time which provides FDIC Deposit Insurance up to applicable limits.

There are 5 types of certificate of deposit, such as:

High-yield Certificate of Deposit.Jumbo Certificate of Deposit.Bump-up Certificate of Deposit.Add-on Certificate of Deposit.No-penalty Certificate of Deposit.

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Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D

Answers

Answer: B. a variety of companies

Explanation:

Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.

On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.

Suppose the United States can produce either 90 apples and 20 oranges or 80 apples and 30 oranges. What is the opportunity cost of producing 1 apple?

Answers

Answer: The opportunity cost of producing 1 apple will be 1 orange.

Explanation:

Opportunity cost is defined as the loss or cost of another alternative when another alternative is being chosen by an economic agent.

In this scenario, the opportunity cost of producing every additional apple will be 1 orange due to the fact that as there's an increase in the production of apple from 80 to 90, there'll be a reduction in the production of orange from 30 to 20.

This indicates that for the increase of 10 apples, there's a reduction of 10 oranges which implies that an increase of 1 apple brings about a reduction by 1 orange.

Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?

Answers

Answer:

it depends on the measures taken to ensure that economy is stable.

Answer:

1. it is difficult to say since contractionary periods have varying lengths in different business cycles.

2. shock

3. high unemployment

4. two

5. expansion stage of the business cycle

Explanation:

just took it

In which one of the following instances is a focused strategy keyed either to low-cost or differentiation not likely to work well?

Answers

A focused strategy that is keyed either to low-cost or differentiation may not work well in the following instance:

When there is a lack of distinct customer segments that value either low-cost or differentiation.

A focused strategy aims to target a narrow market segment or niche with a product or service that is differetniated or offered at a lower cost than competitors. This approach can be effective when there are distinct customer segments that value either low-cost or differentiation.

However, if there is no clear segmentation of customers, or if the market is too small to support a focused strategy, then a low-cost or differentiation approach may not work well. In such instances, a broader market approach that offers a combination of both low-cost and differentiation may be more appropriate.

Therefore, it is important for businesses to carefully evaluate market conditions and customer preferences before implementing a focused strategy based on either low-cost or differentiation.

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maricris has an initial investment 280000 in a bank. every month she withraws 15000 to run her small business at home. how long will the money be used up completely, given the rate of the withdrawals?

Answers

To determine how long Maricruz' initial investment will last given her monthly withdrawals, we can divide the initial investment by the monthly withdrawal amount. every month she withdraws 15000 to run her small business at home.

Maricruz has an initial investment of $280,000 and she withdraws $15,000 every month. Dividing the initial investment by the monthly withdrawal amount gives us: Since we cannot have a fraction of a month, we round up to the nearest whole number. Therefore, Maricruz' initial investment will last for approximately 19 months before it is completely used up based on her monthly withdrawal rate. Please note that this calculation assumes no additional income or interest earned on the initial investment during the withdrawal period. marris has an initial investment 280000 in a bank. every month she withdraws 15000 to run her small business at home. how long will the money be used up completely, given the rate of the withdrawals.

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Prime cost is directly related to production. So, per unit prime cost can be calculated easily. While on the other hand, overhead does not have direct relationship with production. So, to calculate per unit cost, overhead is classified according to functions.” Explain this statement and also summarize all the overheads according to their functional classification.

Answers

Basically, a firm's prime cost equals the total direct costs of production which includes the cost of raw materials and labor.

The prime cost equation is {Cost of raw materials + Direct labor}

The overhead cost refers to those cost incurred while running a firm but can not be linked to creation of a product or service.

Overhead expenses is the cost remaining after deduction of direct labor, direct materials and direct expenses.

In conclusion, the prime cost and overhead cost are both significant in production of finished goods.

Answers

Based on the scenario, Sandpiper Air is a good example of Administrative Management.

Administrative Management:

Involves the creation of a formal structure to facilitate an organization's successTries to promote the concept of teamwork and team leadershipSubordinates individual interest to the interest of the group or team.

This subordination of interest helps Sandpiper Air and Aeromass to share a small airport, a cafe, the customers, and taxi services.

Administrative Management uses hierarchy to achieve its goals. An Administrative Management system is not a closed system because it receives input and produces output.

Thus, the focus of administrative management is not for the sole ownership of big infrastructure, but it attempts to elicit the cooperation of a wider network to achieve success.

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how and when does a contractor performing work associated with a 203(k) loan receive funds from the lender?

Answers

The borrower's lender uses escrowed funds to pay the contractors in a series of draws. The lender deposits the money for repairs and improvements into such an escrow account at closing.

What is a brief definition of funds?

A fund is a collection of funds set aside for a certain objective. A fund can be created for a variety of objectives, such as the construction of a new civic center by the municipal government, the awarding of scholarships at a college, or the payment of customer claims by an insurance company.

What do funds in finance mean?

Funds are collective investments that help you diversify your total risk by pooling your money and the money of other investors and investing it in a variety of underlying investments.

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what is Photosynthesis?

Freé points -,-

Answers

Answer:

photosynthesis is a process by which green plants prepare their own food with the help of sun light and chlorophyll.

Answer:

the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a by-product.

Isaac is able to set aside $2,500 tax free each year out of his earnings to pay for eligible medical expenses. This is an example of a _____ account.

Answers

This is an example of a flexible spending account because Isaac is able to set aside $2,500 tax free each year out of his earnings to pay for eligible medical expenses.

What is tax?

This is a compulsory levy, impose by government of a country on an individual or business entity.

The primary purpose of taxation is that it allows the government to allocate resources. Government use tax money to support expenses related to building and technology infrastructure.

Hence, this is an example of a flexible spending account because Isaac is able to set aside $2,500 tax free each year out of his earnings to pay for eligible medical expenses.

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In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.

Answers

Answer:

Marginal cost is defined as the additional cost incurred in adding a unit of product or service.

Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.

In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.

Explanation:

Which description is the best example of physical capital?
A. A doctor with expertise in medicine
B. A miner with experience digging for coal
C. A machine that tests new car engines
D. A new law regulating trade in a country

Answers

Answer:

C. A machine that tests new car engines

Explanation:

it's man-made

The correct option is C. A machine that tests new car engines is the best example of physical capital.

Assets that a company owns and uses, including buildings, machines, and cars, are referred to as physical capital.

What are physical capital and its types?

Physical capital refers to the range of inputs needed at each step of manufacturing. There are two forms of physical capital: working capital and fixed capital. Fixed capital includes a variety of tools and machines. The cash on hand to cover your immediate, short-term requirements is known as working capital.

Physical capital is made up of physical, man-made items that businesses invest in or purchase and employ to manufacture things. Physical capital assets that are reusable and not consumed during production, such as manufacturing equipment, also fall under the category of fixed capital.

Thus, The right answer is C. The best illustration of physical capital is a machine used to test new automobile engines.

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Match the example on the left to the segmentation base on the right

Left:

Targeting men

Midwest customers

Mountain dew is all about excitement

A rolex demonstrates wealth

Right:

Psychographic

Demographic

Benefit

Geographic

Behavioral

Match the example on the left to the correct characteristic of services on the right

Left:

Both service provider and customer must both be present

Watching a live performance at Hamilton

Once a Cincinnati reds game is finished those seats cannot never be sold

Services differ bases on time of day

Right:

Inventory

Intangibility

Inseparability

Inconsistency

Match the example on the left to the correct consumer product classification on the right

Left:

A 16oz bottle of pepsi

You visit 2 stores and a website before buying

Products with elite brands and the highest price for that category

Tons of advertising for when the product is needed

Right:

Unsought

Shopping

Speciality

convenience

Match the example on the left with the Stage of the NPD on the right

Left:

Your company has an R&D breakthrough

A prototype is constructed

Actual products are exposed to prospective consumers under realistic purchase conditions to see if they will buy

Production capabilities are assessed

Right:

Project planning

Idea generation

Test marketing

Product development

Answers

Left: Targeting men - Right: Demographic

Left: Midwest customers - Right: Geographic

Left: Mountain Dew is all about excitement - Right: Benefit

Left: A Rolex demonstrates wealth - Right: Psychographic

How do the examples on the left match with their corresponding segmentation bases on the right?

When matching the examples on the left with the segmentation bases on the right, we can identify the following connections. Targeting men aligns with the demographic segmentation base, as it focuses on a specific gender group. Midwest customers correspond to the geographic segmentation base, as it specifies a particular region. Mountain Dew's emphasis on excitement relates to the benefit segmentation base, targeting customers who seek excitement in their beverage choices. Lastly, a Rolex demonstrating wealth aligns with the psychographic segmentation base, appealing to consumers who associate luxury and status with their purchase decisions.

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assume+a+bank+offers+an+effective+annual+rate+of+7.26%.+if+compounding+is+monthly+what+is+the+apr?

Answers

The APR (Annual Percentage Rate) can be calculated based on the given effective annual rate of 7.26% with monthly compounding. The APR is approximately 6.98%.

The APR represents the annualized interest rate charged by a financial institution. It is used to compare different loan or investment options. In this case, we are given the effective annual rate of 7.26%, which takes into account the compounding frequency of monthly. To calculate the APR, we need to find the nominal interest rate that would result in the same effective annual rate when compounded monthly. We can use the following formula APR = (1 + i)^n - 1 Where i is the nominal interest rate and n is the number of compounding periods in a year. By substituting the values into the formula, we can solve for i: (1 + i)^12 - 1 = 0.0726 Simplifying the equation: (1 + i)^12 = 1.0726 Taking the twelfth root of both sides: 1 + i = (1.0726)^(1/12) 1 + i = 1.005992 Subtracting 1 from both sides: i = 0.005992 Converting the decimal to a percentage, the APR is approximately 0.5992%, which is rounded to 6.98%.

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A 10% excise tax is normally applied to an early withdrawal from an IRA. According to HIPAA, this tax will not be applied if the withdrawal is used for medical expenses that exceed ____ of the individual's adjusted gross income.
5%
6.5%
7.5%
8%

Answers

According to HIPAA, the 10% excise tax on early IRA withdrawals will not be applied if the withdrawal is used for medical expenses that exceed 7.5% of the individual's adjusted gross income. Option c. is correct.

Under normal circumstances, when an individual withdraws funds from an IRA before reaching the age of 59½, a 10% excise tax is applied to the withdrawal amount. However, the Health Insurance Portability and Accountability Act (HIPAA) provides an exception to this tax if the early withdrawal is used for qualified medical expenses.

According to HIPAA, the medical expenses must exceed a certain threshold in order for the exemption to apply. This threshold is set at 7.5% of the individual's adjusted gross income (AGI). In other words, if an individual's medical expenses for the year exceed 7.5% of their AGI, they can withdraw funds from their IRA without incurring the 10% excise tax.

It's important to note that the threshold for medical expenses was changed from 7.5% to 10% for individuals under the age of 65 starting in 2019, as per the Tax Cuts and Jobs Act. However, HIPAA provides an exception to this change, allowing individuals aged 65 and older to continue using the 7.5% threshold until 2021.

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Final answer:

The Health Insurance Portability and Accountability Act (HIPAA) allows exemption from the 10% excise tax for early withdrawals from an IRA if the medical expenses exceed 7.5% of the individual's Adjusted Gross Income.

Explanation:

The 10% excise tax exemption for early withdrawals from an Individual Retirement Account (IRA) under the Health Insurance Portability and Accountability Act (HIPAA) applies when the medical expenses exceed 7.5% of the individual's Adjusted Gross Income (AGI). In other words, if your total medical expenses for a year surpass 7.5% of your AGI, you can make an early withdrawal from your IRA without incurring the typical 10% tax penalty.

This is a way in which HIPAA provisions can benefit those who are dealing with substantial medical costs and may need to tap into their retirement savings to pay for those expenses.

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In a shopping cart, clicking the checkout button usually displays a screen that asks for ___ and shipping information

Answers

In a shopping cart, clicking the checkout button usually displays a screen that asks for payment and shipping information.

What is a Shopping Cart?

A shopping cart (often referred to as an "e-commerce cart" or "online cart") is a software application used by online merchants to enable customers to choose goods or services, review them, and add them to the cart before completing the purchasing transaction.

This software enables customers to save items they're interested in purchasing while they continue to shop around, as well as to update or remove goods from the cart before completing their order. In addition, a shopping cart software allows a customer to submit an order for a product or service from a website.

The shopping cart then sends the order to the merchant for processing. This order includes the customer's billing, shipping, and payment information. The merchant will then ship the purchased product to the customer.The checkout process in a shopping cart is crucial since it is the point where buyers convert to customers.

The checkout page prompts buyers to enter their billing and shipping information, payment method, and other details needed to finalize the transaction, as mentioned in the given question.

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como aparece mademe pernelle? ¿Por que desea tanto irse desprisa de la casa

Answers

Answer:

porque esta triste por culpa de su amiga

Another name for a bankdraft is

Answers

Answer:

bank cheque

Explanation:

HOPE IT HELPS

Answer:

............bank cheque............

"I can't believe it! We've spent 18 months developing a relationship with that client. Our families have even socialized together. We've become friends. And they use a one-sentence memo to tell us that we were not selected for the big contract! Not a word of thanks, not a clue as to why we were not selected. I'm very disappointed" said Hugh, Vice President of Sales. Hugh was particularly disappointed because:__________.
i. a personal text message would have been the richest medium for communicating this information memos are the least rich medium for communicating this information
ii. a personal note would have been the richest medium for communicating this information
iii. a face-to-face meeting would have been just as rich as an electronic mail message.
iv. a phone call would have been a richer medium for communicating than a face-to-face conversation

Answers

Answer:

ii. a personal note would have been the richest medium for communicating this information

Explanation:

ii. a personal note would have been the richest medium for communicating this information

In the given passage, Hugh was particularly disappointed because a personal note would have been the richest medium for communicating this information. Therefore, option B is the correct option.

When does a person face disappointment?

A person faces disappointment when his or her expectations or desires are not accomplished. Disappointment means unhappiness which is caused when some desire or wanted thing is lost or can not be obtained.

In the given passage, since Hugh and his family spent so much time with the client and his family, he expected them that they should at least inform them informally about their being rejected for the contract. The reason behind his disappointment is the expectation and not fulfilling the same as he wanted. Disappointment is the consequence of thoughts and expectations which are different from reality.

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What do you think is the most important structure of social institution in our society?

Answers

Family is the most important structure of social institution in our society.

Because the family is the main socializing unit, it is seen as a "building block" of society.

It can be categorized as nuclear, consisting of two parents and their children, or extended, including other relatives. It is a social unit formed by blood, marriage, or adoption. Even while families differ greatly between countries, they all have a few basic issues that they deal with on a daily basis. The family is a social entity that performs many different, intricate tasks. By instilling ideals, ideas, and standards in its members, the family socializes them. It also offers stability in terms of both finances and emotions. If one of the family members is ill or disabled, the family may occasionally even take up the role of caretaker.

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Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U.S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U.S. dollars and deposits it in a U.S. bank. Laura is engaging in

Answers

Answer:

"Carry Trade", is the right answer.

Explanation:

Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.

Which kind of protection does homeowners insurance offer? Check all that apply.

A. It protects a car against theft in the parking lot.
B. It covers damages to a home.
C. It protects a home against theft.
D. It protects against accidents or injuries.
E. It covers property lost outside of the home.

Answers

Answer:

2,3,4,5

Explanation:

Homeowner's insurance keeps the owner safe from house damages, theft, accidents or injuries or mishap, etc

What do you understand by homeowners insurance offer?

Property holder's insurance contracts frequently cover the inside and beyond a home, as well as the misfortune or robbery of individual possessions and individual risk for harm to other people.

The home insurance cover:

The actual cost of the house, replacement cost, and extended replacement cost/value. The feature of home insurance are:

It covers house damages It protects against theftagainst accidents or injuries or mishapproperty lost inside and beyond/outside the house

Therefore options B, C, D, and E aptly describe the homeowner's insurance.

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what are product backlog features

Answers

Answer:

New features, bug fixes, improvements, changes to existing features, etc.

Product backlog features are a list of desired functionalities or requirements for a product or project. These features are typically prioritized by the product owner or project manager and are used to guide the development process.

Some common product backlog features include:
- User stories: These are short, simple descriptions of a feature or functionality from the perspective of an end user.
- Bugs: These are defects or issues that need to be resolved in the product.
- Technical tasks: These are tasks related to the technical aspects of the product, such as refactoring code or improving performance.
- Enhancements: These are improvements or additions to existing features.

Product backlog features are typically organized in a way that makes it easy for the development team to understand what needs to be done and in what order. This may include grouping related features together or assigning priorities to each feature. The product backlog is also regularly updated and refined to ensure that it accurately reflects the current needs and goals of the product or project.

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Are there times you would be willing to compromise your ethics for business gain?

Answers

As an AI language model, I do not possess ethics, values, or morals, nor do I have the capacity to compromise them. However, I can provide some insight on how humans approach this question.

Ethics are principles that guide individuals' behavior in making decisions that are right or wrong, and they are an essential aspect of any business. Companies operate in a competitive environment, where making ethical choices can sometimes put them at a disadvantage compared to their less principled competitors. Therefore, the temptation to compromise ethics for business gain may arise, especially in situations where the company is struggling financially or facing intense competition.

In conclusion, compromising ethics for business gain is never justified. It is essential for companies to establish a robust ethical framework that guides their behavior and decision-making processes, prioritize long-term benefits over short-term gains, and build a strong reputation as an ethical and responsible company.

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Ethics are principles that guide individuals' behavior in making decisions that are right or wrong, and they are an essential aspect of any business. Companies operate in a competitive environment, where making ethical choices can sometimes put them at a disadvantage compared to their less principled competitors.

Therefore, the temptation to compromise ethics for business gain may arise, especially in situations where the company is struggling financially or facing intense competition.

In conclusion, compromising ethics for business gain is never justified. It is essential for companies to establish a robust ethical framework that guides their behavior and decision-making processes, prioritize long-term benefits over short-term gains, and build a strong reputation as an ethical and responsible company.

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On day two of PI Planning, management presents adjustments based on the previous day's management review and problem solving meeting. What is one possible type of adjustment they could make

Answers

Answer:

The appropriate solution is " Business priorities".

Explanation:

Business priorities become the unique selling point, demonstrated thru all the work environment to somehow be accomplished that alone satisfies, as well as its profit procedure how well the corporation would be coordinated to generate profits. Responsibilities or expectations are perhaps the most significant so even though individuals guide the performance of the organization.

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