Jane's utility function is represented as: U = F^0.5 C^0.5, F is quantity of food and C is quantity of clothing. If her budget constraint is represented as: 310 = 3F + 5C, her optimal bundle of consumption contains how many units of clothing?
Answers
The optimal bundle of consumption containing the number of units of clothing is 40.5 units.
Utility function represents the consumer’s preferences among different bundles of goods. Here, the utility function is represented as: U = F0.5C0.5F is the quantity of food and C is the quantity of clothing. The budget constraint is represented as: 310 = 3F + 5C.From the above equation, the price of food (Pf) is 3 and the price of clothing (Pc) is 5.
According to the utility function, the consumer wants to maximize her utility function, subject to her budget constraint which can be written as below: U = F0.5C0.5subject to the constraint 310 = 3F + 5C.Rewriting the budget constraint in terms of C, we get,5C = 310 - 3FDividing by 5 on both sides of the equation, we get, C = 62 - (3/5)F Now, we will substitute the budget constraint equation in the utility function to get the main answer below: U = F0.5C0.5U = F0.5(62 - (3/5)F)0.5U = F0.5(3844 - 124.8F + 2.25F²)0.
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Related Questions
Mort Silver owns a home. He estimates his expenses as mortgage interest, $10,180; property taxes, $3,690; insurance, $833; depreciation, $3,800; maintenance and repairs, $900; lost interest income, $2,375; and utilities, $2,450. He expects to save $3,700 in income taxes. What is his net cost of home ownership?
Answers
Answer:
$17,528.00
Explanation:
The net cost of home-ownership will be the expenses minus savings.
Mortgage interests: $10,180
Property taxes :$3,690
Insurance :$833
Depreciation :$800
Maintenance and repairs :$900
Loss interest income :$2,375
Utilities: $2,450
The total expenses
= $10,180 + $3,690 + $833 + $800 + $900 + $2,375 + $2,450
=$21,228
Savings
=$21,228 - $3,700
=$17,528.00
Which of the following is a characteristic of a competitive market?
a. There are many buyers but few sellers,
b. Firms sell differentiated products,
c. There are many barriers to entry,
d. Buyers and sellers are price takers.
Answers
Buyers and sellers are price takers is a characteristic of a competitive market. So, the correct answer is option d.
Consumer demands for goods and services result in the formation of a competitive market. Because of the rivalry it fosters, businesses are forced to consider their costs of production, pricing policies, and product output.
In competitive marketplaces and in the idea of perfect competition, the buyer and seller are taken into account equally and strategies are developed based on the supply and demand dynamics at the time. We define competitive markets, describe their characteristics, and explain their functions and differences in this article.
A competitive market is a system in which no single consumer or producer has the ability to shape the market. The supply curve, which depicts a product's quantity, changes in response to supply and demand. Since a competitive market necessitates that the maker be prepared to sell a product.
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Instruction: Suppose that, as a financial analyst, you are tasked with evaluating Blades, a U.S. manufacturer of roller blades. In the assignment, you provide the chief financial officer (CFO) of Blades a better understanding of the process of government intervention and its impact on Blades’ international business. The company generates most of its revenue and incurs most of its expenses in the United States. However, it has recently begun exporting roller blades to Thailand. You will provide a report that includes your assessment of the Thai government intervention and its impact on the exchange rate of baht. You are asked to analyze the following issues and provide solutions to Blades. Blades, Inc.: Blades has an agreement with Entertainment Products, Inc., a Thai importer, for a 3-year period. According to the terms of the agreement, Entertainment Products will purchase 180,000 pairs of "Speedos," Blades’ primary product, annually at a fixed price of 4,594 Thai baht per pair. Due to quality and cost
considerations, Blades is also importing certain rubber and plastic components from a Thai exporter. The cost of these components is approximately 2,871 Thai baht per pair of Speedos. No contractual agreement exists between Blades, Inc., and the Thai exporter. Consequently, the cost of the rubber and plastic components imported from Thailand is subject not only to exchange rate considerations but to economic conditions (such as inflation) in Thailand as well. Shortly after Blades began exporting to and importing from Thailand, Asia experienced weak economic conditions. Consequently, foreign investors in Thailand feared the baht’s potential weakness and withdrew their investments, resulting in an excess supply of Thai baht for sale. Because of the resulting downward pressure on the baht’s value, the Thai government attempted to stabilize the baht’s exchange rate. To maintain the baht’s value, the Thai government intervened in the foreign exchange market. Specifically, it swapped its baht reserves for dollar reserves at other central banks and then used its dollar reserves to purchase the baht in the foreign exchange market. However, this agreement required Thailand to reverse this transaction by exchanging dollars for baht at a future date. Unfortunately, the Thai government’s intervention was unsuccessful, as it was overwhelmed by market forces. Consequently, the Thai government ceased its intervention efforts, and the value of the Thai baht declined substantially against the dollar over a 3-month period. When the Thai government stopped intervening in the foreign exchange market, Ben Holt, Blades’ CFO, was concerned that the value of the Thai baht would continue to decline indefinitely. Since Blades generates net inflow in Thai baht, this would seriously affect the company’s profit margin. Furthermore, one of the reasons Blades had expanded into Thailand was to appease the company’s shareholders. At last year’s annual shareholder meeting, they had demanded that senior management take action to improve the firm’s low profit margins. Expanding into Thailand had been Holt’s suggestion, and he is now afraid that his career might be at stake. For these reasons, Holt feels that the Asian crisis and its impact on Blades demand his serious attention. One of the factors Holt thinks he should consider is the issue of government intervention and how it could affect Blades in particular. Specifically, he wonders whether the decision to enter into a fixed agreement with Entertainment Products was a good idea under the circumstances. Another issue is how the future completion of the swap agreement initiated by the Thai government will affect Blades. To address these issues and to gain a little more understanding of the process of government intervention, Holt has prepared the following list of questions for you, Blades’ financial analyst, since he knows that you understand international financial management.
1) Do you have any other suggestions to Mr. Holt with regard to Blades’ business in this circumstance?
Answers
Yes, there are some suggestions for Mr. Holt with regard to Blades' business in this circumstance. First and foremost, it is important for Blades to keep a close eye on the exchange rate between the Thai baht and the US dollar.
As a net inflow generator in Thai baht, any decline in the value of the baht will seriously affect Blades' profit margin. To mitigate this risk, Blades could consider implementing a foreign exchange hedging strategy, such as forward contracts or options, to lock in a favorable exchange rate.Additionally, Blades should explore other options for sourcing rubber and plastic components to reduce its reliance on the Thai exporter. This would minimize the impact of economic conditions and exchange rate fluctuations in Thailand on the cost of these components.
Regarding the fixed agreement with Entertainment Products, Blades could consider renegotiating the terms of the agreement to include a provision for adjusting the fixed price based on changes in the exchange rate. This would protect Blades from potential losses due to a decline in the value of the baht.Finally, it is important for Blades to stay informed about any future government interventions in the foreign exchange market and how they may impact the value of the baht. By staying proactive and flexible in its approach to international business, Blades can mitigate risks and position itself for long-term success.
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Which statement describes a benefit of credit cards over debit cards
Answers
Answer:
A
Explanation:
Credit cards allow you to buy things even without the full funds.
Debit cards do not.
Which of the following motivators is the most basic need in Maslow's hierarchy? A. Safety B. Belonging C. Physiological D. Esteem E. Self-actualization
Answers
The most basic need in Maslow's hierarchy is Physiological needs. Option C is the correct answer.
In Maslow's hierarchy, physiological requirements are the most fundamental. For physical survival, people require certain necessities. Air, food, water, clothing, warmth, sleep, and health are a few examples.
Your body cannot operate normally if you don't meet these demands. Because you can't meet the other requirements until your physiological ones are met, they are regarded as being the most important. At this level, a person's natural will to survive serves as their motivator.
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Attention!!! Auction is about to happen!!!!!
1st one=50minecoins
2nd=60minecoins
Answers
Answer:
lol
Explanation:
......................
For a currency swap with $10 million notional principal, the notional principal in British pounds if the exchange rate is $1.55 is (approximately):a. 11.55 million British pounds.b. 15.5 million British pounds.c. 10 million British pounds.d. 6.45 million British pounds.e. None of the above
Answers
For a currency swap with $10 million notional principal, the notional principal in British pounds if the exchange rate is $1.55 is 6.45 million British pounds. Option d is correct choice.
A currency swap is an agreement between two parties to exchange a series of cash flows in different currencies. In this case, the notional principal of the swap is $10 million, which means that the parties agree to exchange the equivalent value of $10 million in the agreed-upon currencies. The exchange rate given is $1.55 per British pound, which means that one British pound is worth $1.55. To calculate the notional principal in British pounds, we need to divide the $10 million by the exchange rate.
So, $10,000,000 / 1.55 = 6,451,613 British pounds. Therefore, the notional principal in British pounds is approximately 6.45 million.
It is important to note that currency exchange rates can be volatile and subject to fluctuations, so the exact notional principal in British pounds may change depending on the exchange rate at the time of the swap. Option d is correct choice.
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The mining and export of minerals and precious stones is very important part of the Namibian economy. It was reported that despite a sharp decrease in the quantity of these exports between 1995 and 1999 the export value of the items rose in that period. a) Where the minerals and precious stones would be recorded in the Namibian balance of payments?
Answers
Answer:
The minerals and precious stones would be part of the current account, which is one of the three components of the balance of payments, the other two being the capital account and the financial account.
Explanation:
The current account includes income transfers, current transfers, the balance in the trade of services, and the balance in the trade of goods. The export value of minerals and precious stones would more specifically be in the balance of the trade of goods, simply because minerals and precious stones are classified as economic goods.
PLEASE HELP ME!!!!
Agricultural managers need to
possess which of the following
skills?
A. The ability to start a business from scratch.
B. Understanding of the different kinds of
economies in the world.
C. Vast knowledge of equipment, shipping and
storage of products.
D. A masters degree in business administration.
Answers
Answer:
C. Vast knowledge of equipment, shipping andstorage of products.Explanation:
the other answer is wrong, i j did this in my acellus
how long does it take for tax refund to show in bank account after approved
Answers
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
required: 1. what is the total credits for the final trial balance? multiple choice 1 284,477 176,100 can not be calculated 2. how much is total liabilities in the trial balance? multiple choice 2 32,300 176,100 26,200 76,200 3. in a trial balance, the total debits should equal total credits? multiple choice 3 true false 4. a trial balance includes accounts from the and . multiple choice 4 balance sheet and statement of cash flows income statement and balance sheet income statement and statement of cash flows income statement, balance sheet and statement of cash flows 5. what is the calculation for the net debits computation in the calculated fields, items and sets? multiple choice 5 if(credit>debit, credit − debit) if(debit>credit, debit − credit) if(credit>debit, debit − credit) if(debit>credit, credit − debit)
Answers
The total credits for the final trial balance cannot be calculated.
Can the total credits for the final trial balance be determined?In a trial balance, the total credits should equal the total debits to ensure that the books are balanced. However, based on the given information, it is not possible to determine the total credits for the final trial balance. The multiple-choice options provided do not include a specific value for the total credits. Therefore, without additional information or calculations, it is not possible to ascertain the total credits.
A trial balance is a statement that lists all the accounts and their balances to ensure the equality of debits and credits. It serves as an internal check to identify errors in recording transactions.
The total debits and credits should be equal, representing a balanced set of accounts. If the total debits do not match the total credits, it indicates an imbalance and requires further investigation to rectify the error. The trial balance is an important step in the accounting cycle and provides a foundation for preparing financial statements
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list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Answers
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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job performance definition
Answers
Answer:
The act of doing a job well
Explanation:
Job performance is the act of doing a job well, based on the goals, attitudes, skills, and behaviors of the individual. It is an important criterion for organizational outcomes and success. It is studied as part of industrial and organizational psychology and human resources management.
Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a _________ of cash on the _______________ segment on the statement of cash flows.
Answers
This is best described as a cash source on the operating activities segment of the cash flow statement.
More about operating segment:
The sum of funds a business earns from ongoing, routine business operations, such as producing and selling products or offering clients a service, is known as cash flow from operating activities (CFO). It is shown as the first portion of the cash flow statement for a corporation.
Net income and any alterations, such as depreciation expense, changes in accounts receivable, inventory, accounts payable, etc., are included in the operating segment of the cash flow statement. While a rise in operating cash flows results from a decrease in accounts receivable.
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Let C(x) = 11x + 6000 be the cost function and R(x) = 16x be the revenue function
depending on the quantity of a product. (Hint: Ex in P. 6 of Ch 1.3 in LN).
a. Find the unit cost of the product.
b. Find the fixed cost of the product.
c. Find the profit function of the product.
d. Find the break even point of the product.
Answers
The unit cost is (11x + 6000)/x, the fixed cost is $6000, the profit function is 5x - 6000, and the break-even point is at 1200 units.
a. The unit cost of the product can be found by dividing the cost function C(x) by the quantity x:
Unit Cost = C(x)/x = (11x + 6000)/x
b. The fixed cost of the product is the cost when the quantity is zero, which is the value of the constant term in the cost function:
Fixed Cost = $6000
c. The profit function is obtained by subtracting the cost function C(x) from the revenue function R(x):
Profit = R(x) - C(x) = 16x - (11x + 6000) = 5x - 6000
d. The break-even point is the quantity at which the revenue equals the cost, or when the profit is zero. We can set the profit function equal to zero and solve for x:
5x - 6000 = 0
5x = 6000
x = 1200
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What are taxes?
Do taxes affect the government economic policies today?
Should taxes be lowered overall?
Should some groups be paying more than they are now?
Answer all please, 34 points :)
Answers
Answer:
1.Taxes are a amount of money that a government requires people to pay according to their income.
4.Yes, High marginal tax rates can discourage work, saving, investment, and innovation, while specific tax preferences can affect the allocation of economic resources. But tax cuts can slow long-run economic growth by increasing deficits.
3.lowering tastes would lead to raising in disposable income, allowing the consumer to spend additional sums, thereby increasing GNP. Reducing taxes thus pushes out the aggregate demand curve as consumers demand for more goods and services with their higher disposable incomes.
4.No, This reading is because people pay off their incomes so it would be unfair to charge higher then needed.
Answer:
What are taxes?
Taxes are amount of money that a government forces individuals to pay according to their income, the value of their property, etc., and that is used to pay for the activities done by the government.
Do taxes affect the government economic policies today?
Taxes affect the government economic policies today. High marginal tax rates may deter people from working, saving, investing, and innovating, while particular tax preferences can have an impact on how economic resources are allocated in a country. Tax cuts, on the other hand, might have the unintended consequence of slowing long-term economic development through boosting deficits.
Should taxes be lowered overall?
As you would anticipate, decreasing taxes increases disposable income, which allows consumers to spend more money, hence boosting gross national product (GNP). As a result, lowering taxes causes the aggregate demand curve to shift outward, as consumers seek more products and services as a result of their increased disposable incomes.
Should some groups be paying more than they are now?
Personally, I believe that one group should not be overtaxed at the expense of another group. While the tax rate for the rich is much higher, they are able to deduct a large number of expenses. The working middle class bears the brunt of the burden of taxes, whilst the impoverished get the advantages of them. I feel that it would be considerably more equitable to impose a single flat rate tax on everyone and to prohibit the use of write-offs altogether.
Explanation:
Hope it helps:)
Describe the Calvin Cycle.
Describe how the Na+-K+ pump and the K+-Na+ leak channels function to polarize a nerve cell membrane such that it attains its characteristic – 40 to – 90 mV resting potential.
Answers
The Calvin Cycle is a series of biochemical reactions that occur in the stroma of chloroplasts during photosynthesis. It is the second stage of photosynthesis and involves the conversion of carbon dioxide (CO₂) into glucose. The cycle utilizes the energy from ATP and NADPH, which are produced in light-dependent reactions, to synthesize glucose molecules.
The Na+-K+ pump and K+-Na+ leak channels play a crucial role in establishing and maintaining the resting potential of a nerve cell membrane. The Na+-K+ pump actively transports sodium ions (Na+) out of the cell while pumping potassium ions (K+) into the cell against their concentration gradients. This process requires ATP energy. By doing so, the pump helps maintain a higher concentration of K+ inside the cell and a higher concentration of Na+ outside the cell, resulting in an electrochemical gradient.
The K+-Na+ leak channels, on the other hand, provide a passive pathway for K+ ions to leak out of the cell and Na+ ions to leak into the cell. This leakage occurs due to the concentration gradients established by the Na+-K+ pump. The net effect is the polarization of the nerve cell membrane, with the inside becoming negatively charged relative to the outside. This polarization creates the characteristic resting potential of the nerve cell, typically ranging from -40 to -90 mV.
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four reasons why Corona virus could be harmful to economic growth??
Answers
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
Hello,
It's about What should you choose?
Discuss whether a small business environment should use a workgroup network or a domain network setup.
In your response, describe the advantages and disadvantages of either option.
Thanks,
Michelle
Answers
When choosing between a workgroup and a domain network setup for a small business environment, there are advantages and disadvantages to both.
There is no centralized authentication or security. Domain Network Setup A domain network is a centralized network managed by a server. It is typically used in larger businesses with multiple computers that need to share resources and connect to a central server.
Advantages: It is scalable. It is easy to manage as the number of computers increases. It provides centralized is best for a small business with a few computers that do not need to share resources or connect to a central server. A domain connect to a central server.
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Which type of interest earns a bigger rate of return on a deposit?
A. Principle interest
B. Compound interest
C. Simple interest
D. Calculated interest
Answers
Answer:
compound interest
Explanation:
I think its this one
Three friends are choosing a restaurant for dinner. Here are
their preferences:
Rachel Ross Joey
First choice French French Mexican
Second choice Mexican Mexican Italian
Third choice Italian Ita
Answers
The given preferences of Rachel, Ross, and Joey can be tabulated as follows:
RestaurantsFrenchMexicanItalianFirst ChoiceRRJSecond ChoiceMMJThird ChoiceII
One possible restaurant choice that satisfies everyone's preferences is the Mexican restaurant, as it is the first choice for both Ross and Joey. Rachel's first choice is French, so that could be a good option for their next meal. If they go out to eat again after that, Italian may be a good option since it is Joey's third choice and Rachel's second choice.
The given preferences of Rachel, Ross, and Joey can be tabulated as follows
RestaurantsFrenchMexicanItalianFirst ChoiceRRJSecond ChoiceMMJThird ChoiceIIIt is evident from the above table that Rachel's first choice is French and her second choice is Italian. On the other hand, Ross's and Joey's first choice is Mexican. Hence, it is safe to say that Mexican should be the preferred restaurant choice for the group.
However, if the group wants to try other restaurants as well, then they could opt for French next since it is Rachel's first choice. Finally, they could go for Italian since it is Joey's third choice and Rachel's second choice. By following this pattern, the group will have tried all three restaurants in their preferred order, satisfying everyone's preferences at some point.
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Sebastian has just graduated after four years of university. He took out an unsubsidized Stafford loan worth $8,180 to help pay for his tuition. The loan has a duration of ten years. If the loan has an interest rate of 5. 3%, compounded monthly, how much interest capitalization has occurred by the time he graduated? Round all dollar values to the nearest cent. A. $721. 93 b. $842. 25 c. $1,926. 97 d. $1,734. 24.
Answers
The loan is defined as the liability and present on the liability side of balance sheet. At the time of graduated $1,926.97 interest capitalization has occurred.
What is Interest Capitalization?
Interest capitalization generally increased the overall cost of loan through adding the amount that is unpaid to the principal amount.
Given the following :
Loan amount (L) = 8,180Interest rate (I) = 5.3%Period (n) = 4 yearsUsing the formula:-
A = L(1 + I/t)^nt
Where, A = final amount
t = number of compounding periods per year
A = 8180( 1 + 0.053/12)^(4 * 12)
A = 8180 ( 1 + 0.0044166)^48
A = 8180 * ( 1.0044166)^48
A = 8180 * 1.2355709
A = 10106.970
Final amount after 4 years = 10,106.970
Hence, amount Paid as interest over that period will be :
=Final amount - Loan amount
=10,106.970 - 8,180
= $1,926.97
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Kim is on a crew that sets up the equipment for a very popular musician. Before the concerts, she sets up lights, microphones, sound equipment, and video screens above the stage. After the concerts, she takes down the equipment Her job is best described as Sylvia sets up, runs, and maintains the equipment for a radio station. Her job is best described as Kenneth works in a small studio using technical equipment and computers. He edits television commercials. His job is best described as Jose works in a music studio operating the equipment for musicians to record their music before selling it to the public. He adjusts the equipment so the recordings have good, clear sound. His job is best described as
Answers
Answer:
B,C,C,A
Explanation:i did it on edge 2021
His job is best described as an Audio and video equipment technician. They manage the electrical machinery used to produce radio and television shows, concerts, sound recordings, and movies.
What does an audio technician do?Audio technicians sometimes referred to as sound technicians, set up sound and recording equipment, test it out, and make modifications to help with recordings and sound production. They typically work in radio, television, film, concert halls, and recording studios.
Technicians that work with audio and video equipment operate devices including mixing boards, microphones, and video screens. They capture conferences, sporting events, concerts, and meetings.
Establish, run, and maintain the electronic machinery required to collect, edit, and broadcast audio and video for radio or television programs. To control sound volume, signal strength, and signal clarity in incoming and outgoing broadcast signals, make appropriate adjustments.
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What is the structure of Public corporation
Answers
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
Ken is thinking about his own workplace skills, habits, and attitudes. He is also identifying his own strengths
and weaknesses. He lists some areas for improvement. Ken is
Omaking an interpersonal-skills plan
O creating an employee action plan
O problem solving
O completing a feedback form
Answers
Answer: tu papi
Explanation: there is none be smarter
What is one benefit to using a debit card that is not a benefit of using a check to make a purchase?
Answers
The major benefit of using the debit card is easy to carry.
Debit card:
In accounting, the term debit card refers the payment card that deducts money directly from a consumer's checking account when it is used.
Given,
Here we need to find the benefit of using the debit card over the check while making purchase.
We know that, the debit card payments allow you to complete transactions without having to fumble for cash, dig around in your purse or pockets for exact change, write out a check or go to an ATM.
Therefore, this tells that the card are easy to carry around and the purchase is paid and full without adding to debt.
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What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
Answers
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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Which of the following is a characteristic of competitive interrupting?
Multiple Choice
attempting to withdraw from a conversation
attempting to make eye contact during a conversation
attempting to be sympathetic in a conversation
attempting to separate fact from opinion
attempting to take control of a conversation
Answers
The characteristic of "attempting to take control of a conversation" is associated with competitive interrupting.
Competitive interrupting also referred to as conversational dominance or conversational control is the practice of frequently cutting off other people's conversations in an effort to gain control or assert dominance. It entails actively looking for speaking opportunities while ignoring the contributions or viewpoints of others.
Competitive interrupting frequently at the expense of clear communication and respectful interaction can be seen as a way to assert authority or maintain power in a conversation. This behavior can disrupt the flow of a discussion, prevent active listening, and invert the power dynamics in a room full of people. Since it can result in miscommunication, frustration and a lack of cooperation, it is typically regarded as a bad communication pattern.
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Entrepreneurs who are able to spot more opportunities than others tend to have a higher degree of ______.
Answers
When an entrepreneur is able to spot opportunities more than others, they are said to have vision.
Characteristics of person with Vision.They can see opportunities where people can't. They can figure out a bigger picture to seemingly easy mundane things.When an entrepreneur can see more opportunities than others, it means that they have the vision to see that those opportunities are indeed opportunities.
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Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answers
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.