Only "wet" signatures (i. E. , signatures made with a pen) satisfy the signature requirement of the statute of frauds.
Group of answer choices
Answers
The signature requirement of the statute of frauds is a legal provision that mandates certain contracts to be in writing and signed by the parties involved. The purpose of this requirement is to prevent fraud and ensure that parties can rely on written agreements to protect their interests.
As for the question of whether only "wet" signatures satisfy the signature requirement of the statute of frauds, the answer is not straightforward. While wet signatures are often preferred, electronic signatures can also be legally binding and satisfy the signature requirement under certain circumstances.
In the United States, the federal Electronic Signatures in Global and National Commerce (ESIGN) Act and the Uniform Electronic Transactions Act (UETA) have established guidelines for the use of electronic signatures in commerce. These laws recognize electronic signatures as valid and enforceable, provided that they meet certain requirements.
For example, electronic signatures must be linked to the signatory, must be capable of being retained and reproduced, and must be associated with the electronic record in question. Additionally, parties must consent to the use of electronic signatures and must have access to the technology necessary to use them.
Therefore, while wet signatures may be the preferred method of satisfying the signature requirement of the statute of frauds, electronic signatures can also be legally binding and enforceable under certain circumstances. It is important to consult with legal counsel to ensure that electronic signatures are used in compliance with applicable laws and regulations.
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Related Questions
write an execution summary concerning the cyber attack at
University of Calgary and recommended course of action about
it.
Answers
Execution Summary: The cyber attack at the University of Calgary necessitates immediate action to mitigate risks and safeguard the institution's digital infrastructure.
The recommended course of action includes the following steps: Incident Response and Investigation: Activate the incident response team to assess the extent of the attack and identify affected systems. Conduct a thorough investigation to determine the attack vector, potential data breaches, and vulnerabilities exploited.Containment and Recovery: Isolate compromised systems and disconnect them from the network to prevent further spread of the attack.Restore systems and data from secure backups to ensure business continuity.Implement additional security controls to prevent similar incidents in the future.Communication and Stakeholder Management: Notify the university community, including students, faculty, and staff, about the cyber attack and potential risks.Provide clear and timely updates on the progress of containment, recovery efforts, and any precautionary measures Offer support and guidance to affected individuals, including resources for mitigating potential personal data breaches. Strengthening Cybersecurity Measures:Conduct a comprehensive assessment of existing security protocols, identifying areas for improvement. Enhance network security, including firewalls, intrusion detection systems, and access controls. Train employees on cybersecurity best practices and raise awareness about phishing and social engineering attacks. Collaboration and External Support: Engage cybersecurity experts to assist in the investigation, analysis, and remediation of the attack.Collaborate with law enforcement agencies and regulatory bodies to report the incident and gather
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During 2019, Rainbow Umbrella Corp. had sales of $820,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $575,000, $90,000, and $160,000, respectively. In addition, the company had an interest expense of $100,000 and a tax rate of 21 percent. (Assume that interest is fully deductible.) Suppose the company paid out $57,000 in cash dividends. If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what was the net new long-term debt?
Answers
Answer:
$2000
Explanation:
The computation of the net new long term debt is shown below:
Before that we need to do the following calculations
Sales $820,000
Less:
Cost of Goods sold $575,000
administrative and selling expenses $90,000
Depreciation $160,000
EBIT -$5,000
less: Interest $100,000
Taxable income –$105,000
Taxes (21%) 0
Net income -$105,000
Now Operating cash flow is
= EBIT + Depreciation -Taxes
= -$5,000 + 160,000 - 0
= $155,000
As we know that
Change in NWC = Net capital spending = Net new equity = 0
Cash flow from assets = OCF – Change in NWC – Net capital spending
where,
Cash flow from assets is
= $155,000 - 0 - 0
= $155,000
Cash flow to stockholders is
= Dividends - Net new equity
= $57000 - 0
= $57000
Cash flow to creditors = Cash flow from assets - Cash flow to stockholders
= $155000 - 57000
= $98,000
Cash flow to creditors = Interest - Net new LTD
Net new LTD = Interest - Cash flow to creditors
= $100,000 - 98,000
= $2000
What is the term for goods that
your business ships to another
country?
A. Subsidiaries
C. Imports
B. Exports
D. Embargos
Answers
The term for goods that your business ships to another country is known as Exports.
Export/ Exporting:
The process by which companies from one country sell their goods and services to companies or consumers in a different country is known as Exporting.The exports, along with imports, make up international trade.They are incredibly important to modern economies as they offer people and firms many more markets for their goods.Exporting into foreign markets can reduce per-unit costs by expanding operations to meet increased demand. Also, the companies that export into foreign markets gain new knowledge and experience that may allow the discovery of new technologies, marketing practices, and insights into foreign competitors.What is the normal journal entry when writing-off an account as uncollectible under the allowance method?.
Answers
Debit Allowance for Doubtful Accounts, credit Accounts Receivable.
The entry to write off a bad account affects only balance sheet accounts: a debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable. No expense or loss is reported on the income statement because this write-off is "covered" under the earlier adjusting entries for estimated bad debts expense.
The journal entry for the Bad Debt Expense increases (debit) the expense's balance, and the Allowance for Doubtful Accounts increases (credit) the balance in the Allowance.
Under the allowance method, a write‐off does not change the net realizable value of accounts receivable. It simply reduces accounts receivable and allowances for bad debts by equivalent amounts. Customers whose accounts have already been written off as uncollectible will sometimes pay their debts.
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An associate broker terminates with a broker. The employing broker refuses to turn the license over to the Commission. Which of the following is true?
a. Automatic fine for the Employing Broker
b. The Employing Broker may be subject to disciplinary action
c. Employing broker's license is immediately suspended
d. Both associate and employing brokers may have their licenses canceled
Answers
Answer:
d. Both associate and employing brokers may have their licenses canceled
20 points on how globalization is good for the triple bottom line
Answers
Answer:
t common questions I get as the founder and CEO is: Can a start-up delight customers, provide a great work culture, and see exceptional growth metrics? The answer is yes, you absolutely can.
I know this because at Globalization Partners we’ve done it—and part of our mission is to pass that know-how on to our customers. When I founded this company, my goal was to build a high-growth business that would enable anyone to hire employees anywhere, without the red tape traditionally associated with global expansion. But I also wanted to build a company people love— customers, business partners, and employees. Fast forward a few years and I’m happy to report we’ve had rocket-ship growth numbers, 96% of our customers say that they are “very satisfied” or “satisfied” with our services, but perhaps what makes me most proud is we’re also able to regularly win awards for our company culture. We haven’t had to make a trade off, and neither should you.
The secret to balancing this success is what I call the Triple Bottom Line: prioritizing happy customers, happy employees, and happy shareholders.
While a Triple Bottom Line may sound like an obvious formula for growth, it might also feel unrealistic. Its anathema to the typical blitz scaling mantra right now, which is “growth at all costs.” But the reality is, companies who focus only on growth end up underpaying people and treating customers so poorly that growth is ultimately unsustainable.
I wasn’t sure if the Triple Bottom Line would be achievable when I set out to build my business, but I knew I didn’t want to be in business any other way. Now, Globalization Partners is proof that the Triple Bottom Line is an exceptionally good strategy for growth.
Explanation:
All else being equal, as the population ages and many people leave the labor force:
a.
the unemployment rate will rise.
b.
the price level will fall.
c.
long-run aggregate supply will fall.
d.
long-run aggregate supply will be unaffected.
e.
aggregate demand must rise.
Answers
As the population ages and many people leave the labor force, all else being equal. The long-run aggregate supply will fall.
This occurs because the labor force is an essential factor in determining the long-run aggregate supply. As the population ages and people leave the labor force, there will be a decrease in the available labor, leading to a decrease in production capacity and, consequently, a fall in the long-run aggregate supply.
unemployment situations will remain under control as new people will get the opportunity to work as the old age people will leave the labor force. As in most of the countries the birth rate is getting lower there will be less people and more work which will lead to fall in aggregate supply.
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What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answers
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
If actual demand is 105, the forecasted value is 97, and an alpha of 0.4, the simple exponential smoothing forecast for the next period would be:
Answers
The simple exponential smoothing forecast for the next period if actual demand is 105, the forecasted value is 97, and an alpha of 0.4 is given below.
To start with, the formula for the simple exponential smoothing forecast is:Ft+1 = αAt + (1 − α)Ftwhere:Ft+1 is the forecast for the next periodAt is the actual demand for the current periodFt is the forecast for the current periodα is the smoothing constant (0 ≤ α ≤ 1)When the actual demand is 105, forecasted value is 97, and the alpha is 0.4, the forecast for the next period will be:Forecast for the next period = αAt + (1 − α)Ft= 0.4 × 105 + (1 - 0.4) × 97= 42 + 58.2= 100.2Therefore, the simple exponential smoothing forecast for the next period would be 100.
2.What is exponential smoothing?Exponential smoothing is a commonly used statistical method for forecasting time-series data. It is an algorithmic approach to forecasting that relies on the past data values to predict future data values. It is a widely accepted forecasting method and is used in several fields, including business, economics, finance, and engineering.
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Petro Roos is thinking of purchasing the business premises rather than renting it. Provide Two separate advantages and two separate disadvantages of this option. Note: the business has no financial investments. Any TWO separate advantages Any TWO separate disadvantages
Answers
Answer:
Advantages of buying business premises
There are considerable advantages to securing a mortgage to buy business premises, including:
your mortgage repayment is likely to be similar to or less than a rental payment on the same propertywith a fixed rate mortgage, your monthly repayments will be predictableyou aren't exposed to any sudden, large rent increasesyou may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra incomeinterest payments on a commercial mortgage are tax-deductibleany gain in value of the property will increase your capitalas your business grows, you may be able to extend your existing premises, avoiding relocation costsyou have control over what alterations you want to make to your office spaceDisadvantages of buying business premises
The disadvantages of buying business premises include the following:
Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.If you have a variable rate mortgage, you are exposed to increases in interest rates.Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.Repaying a commercial mortgageCommercial mortgage fees and costsBook traversal links for Advantages and disadvantages of buying business premisesExplanation:
Explain what is a current liability? How should a current
liability be recorded in General Ledger and Balance Sheet?
Elaborate the methodology.
Answers
A current liability refers to an obligation or debt that is expected to be settled within one year or the normal operating cycle of a business, whichever is longer.
It represents the company's short-term financial obligations that require the use of current assets or the creation of new current liabilities to fulfill them.
Current liabilities are recorded in the General Ledger and reflected on the Balance Sheet in the following manner:
- General Ledger: Each current liability account is recorded separately in the General Ledger. Transactions related to current liabilities, such as purchases on credit, accruals, or short-term loans, are posted to the respective accounts.
- Balance Sheet: On the Balance Sheet, current liabilities are presented under the liabilities section. They are usually listed in order of maturity, with the most immediate liabilities appearing first. The total amount of current liabilities is subtracted from current assets to calculate the working capital of a business.
current liabilities are recorded in the General Ledger as separate accounts and presented on the Balance Sheet under the liabilities section. Proper recording and presentation of current liabilities provide an accurate representation of a company's short-term obligations and its financial position.
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what is one of the fastest growing market segments involving fraud in the united states? exercise nutrition video games car sales
Answers
The fastest-growing sector of global trade, SERVICES, is one in which the United States participates heavily.
Services rank among the most important goods that the United States deals with foreign nations. When it comes to global commerce, services are the sector that is expanding the fastest, and the United States is a significant service trader. Media like music and video are some popular services. Alternatives to this query include: A. products. vehicles, or B. C. Food and drinks. Service is a. The fastest-growing sector of global trade, SERVICES, is one in which the United States participates heavily. It should be emphasized that organizing and analyzing social media is one of the fastest-growing sub fields of marketing research. This is the process of researching consumer preferences through market research. However, social media makes it possible to connect with a lot of potential customers.
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on your own words, write short note on 3 Types of organizational market
Answers
Answer: 3 types of organizational market are producers, resellers and institutions. Producers buy goods and services and transform them into a sellable product, which they sell to their customers for the purpose of making a profit. Examples of producers are farmers, manufacturers and construction companies. Reseller market consists of individuals or companies that purchase goods and services produced by others for resale to consumers. Insttitutions are a market consisting of schools, universities, hospitals, charities, clubs and similar organisations which buy goods and services for use in the production of their own goods and services.
Explanation:
Number 2 please please help me
Answers
Answer: See explanation
Explanation:
a. Public sector simply means the sector of the economy that the government controls. Examples include the military, public education, law enforcement, etc
b. The secondary sector is the sector of the economy that is concerned with how raw materials would be processed to become finished goods. The industries in this sector include construction companies, car manufacturers, textile industries, etc.
c. The tertiary sector of the economy is the sector that is concerned with services. This sector is important because:
• it helps in the provision of basic services like health care delivery, education, etc.
• it also helps in the development of several sector in the economy such as communication, and transportation.
• it contributes a huge part to the gross domestic product of a country.
d. The reason why some ministers may want to privatize some business include
• when the resources are not being efficiently utilized and there's wastage of resources.
• to improve competition
• it also brings about increase in effectiveness and efficiency.
e. The public sector alwayw produces goods and services more efficiently than the private sector as the government always looks to tackle market failure. Apart from that, the government looks out for the welfare of the people in the society and it's main motive is not profit maximization like the private sector.
In which market structure is the demand curve faced by the firm and the demand curve faced by the market the same (identical) curve?
monopoly
perfect competition
oligopoly
monopolistic competition
Answers
Perfect competition market structure is the demand curve faced by the firm and the demand curve faced by the market the same (identical) curve.
In a perfect competition market structure, the demand curve faced by the firm and the demand curve faced by the market are the same. This means that the quantity and price of the good that is supplied by the firm is the same as the quantity and price of the good that is demanded in the market.
In this type of market structure, the demand and supply forces of the market dictate the price of the good and the firms have little control over the price they are able to charge. Perfect competition is a market structure in which no one seller can have a large impact on the market.
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ECON please answer this question ASAP
Answers
1.How can Marta use technology to address security issues during the snowstorm?
Answers
Based on the uses of technological advancement, Marta can use technology to address security issues during the snowstorm by using an interactive snow plow tracking system.
What is Interactive Snow Plow System?The interactive snow plow system is a technological device and method that involves the use of mobile GPS sensors to plow, vehicles and salting equipment to relay the information of what is happening around back to the States security network.
There are other means of using technological devices or systems to address security issues during snowstorms, some of which are the following:
The use of snow removal algorithms or artificial intelligenceConnecting the people in need of help during the snowstorms through crowdsourcingSelf-driving snow plow vehicleCreation of solar-powered and snow-free pavements.Hence, in this case, it is concluded that Marta can use various techniques to address security issues during snowstorms.
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A writer, an illustrator, a publisher and an agent would form a
a. Functional team
b. Cross-functional team
C. Management team
d. Corporate team
Answers
Answer:
B. Cross-functional team
Explanation:
A writer, an illustrator, a publisher, and an agent would form a Cross-functional team. The correct option is B.
What are cross-functional skills?A Cross-Functional Candidate, according to Glassdoor, is a candidate with jack-of-all-trades abilities. In other words, a candidate with cross-functional skills is someone who is proficient in one or more related technologies or skills while also being knowledgeable in other technologies or skills.
Working cross-functionally, also referred to as working with teams other than your own, will inevitably occur at some point in your career. And doing it well can inspire innovative ideas, enhance your ability to interact with others, and improve your workplace's culture, productivity, and happiness.
Thus, the ideal selection is option B.
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HELP ASAP which is an example of a short term SMART career goal A i will work for my dad this summer because i dont have a car so he can drive me to work B I will volunteer at the local animal shelter because i need practical experience for vetinary school C I will apply for a job at acme enterprises because they pay the highest hourly wage in town DI want to work with my friends this summer because i wont have the chance to see them when i go to college.
Answers
Answer:
The answer is B
Explanation:
It makes more sense, and also the vet job could be a short time, but it is a smart choice. It is a smart choice because it shows that the vet job will help in the future
Question 27 pts OSHA, the Occupational Safety and Health Administration, has notified you that your company is legally required to install safety rails around the large vats of chemicals in your factory. You need to follow their order so that you are: Group of answer choices in compliance. licensed. insured. contracted.
Answers
Question 6 of 10: our athletic apparel supplier has shifted their increased production costs to our expense. since costs are a main driver of
pricing, you are analyzing this for pricing implications. if our current yearly expenditures with the supplier is $250,000 and they continue to
increase our costs by 5.5% for the next five years, what will our yearly expenditures be then?
Answers
After five years with a 5.5% annual increase in costs, the yearly expenditures will be approximately 323,450.
What will be the yearly expenditures after five years if the supplier continues to increase costs by 5.5% annually?To calculate the yearly expenditures after five years with a 5.5% increase in costs each year, we can use the formula for compound interest. The formula is:
\(Future Value = Present Value * (1 + interest rate)^n\)
In this case, the Present Value (PV) is 250,000, the interest rate (r) is 5.5% expressed as a decimal (0.055), and the number of years (n) is 5.
Using the formula, the calculation is as follows:
Future Value = \(250,000 * (1 + 0.055)^5\)
Calculating the expression inside the parentheses first:
\((1 + 0.055)^5 = 1.055^5 = 1.2938\) (rounded to four decimal places)
Now, multiply the Present Value by the result:
\(Future Value = 250,000 * 1.2938\)
Future Value = 323,450 (rounded to the nearest dollar)
Explanation: The calculation utilizes compound interest to determine the future value of the yearly expenditures. The 5.5% increase in costs is applied each year for five years, resulting in a higher expenditure amount. This demonstrates the impact of the increasing costs on the pricing implications for the company.
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You purchase one MBI March 180 put contract for a put premium of \( \$ 7 \). The maximum profit that you could gain from this strategy is
Answers
When you purchase one MBI March 180 put contract for a put premium of $7, the maximum profit that you could gain from this strategy is unlimited.
A put option is a financial contract that provides the buyer with the right to sell a particular stock at a specified price (strike price) by a specific date. The buyer of a put option expects the stock to decline in price.
In this scenario, the buyer of one MBI March 180 put contract is betting on MBI's stock price to fall below $180 by the March expiration date.When the MBI March 180 put contract is bought at a premium of $7, this is the maximum amount that the buyer stands to lose. The buyer's maximum loss is limited to the premium paid, regardless of how low the MBI stock price drops.
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In 2017, being "born global" is a must for fledgling businesses. Doing so is easier than you think, says Suranga Herath, CEO of English Tea Shop. onventional wisdom says that a business should get its domestic ducks in a row, before venturing overseas. But in the digital age, a new generation of businesses is making a strong case for nearly all new businesses to be "born global", that is, have an immediate focus on the international stage. The arguments for exporting are well known: it can increase the prestige of your brand and can allow you to tap into unexploited economies[1]. My argument is therefore: with all the benefits that going global offers...why wait...Why not be born global? Being born global is easier than you think Being born global may seem radical, but can be much, much simpler than many think. For me, being born global isn't necessarily about having offices and employees overseas, or prioritising the international side of things although it can be. In its purest sense, being born global is a mindset where businesses seek international opportunities from the very beginning. Cutting to the chase - how being born global accelerates growth The benefits of being born global can be profound - take my business English Tea Shop as an example. Launching in 2010, we set out creating a brand we knew would resonate with global audiences. Indeed, the UK didn't become a focus for us until 2012. While domestic sales now account for around a third of our UK business, an immediate international outlook allowed us to grow very rapidly. We're now in 50 markets around the world. In short, there's no way we would have achieved this kind of scale if we'd had a domestic-first approach. Should your business be born global? I believe almost any business could in some way be born global. But there are a number of factors to consider when asking whether it's right for your business. Language and cultural barriers, logistics, market knowledge, manpower are all very valid reasons why businesses refrain from going global. But to my mind, if managed practically, the potential challenges are completely outweighed by the potential gains. This is particularly true when you consider the direction the world is moving in - that is, by and large, closer together. In particular, developing markets are where businesses can find the fastest growth and if you're not international, you're not in the game. With that in mind, and from my own experience here are five insights to help a fledgling business be born global: However big or small, include an international element in your business plan. This will focus your mind on the opportunities that lie overseas. It may be the core of your strategy, or just something you'd like to explore in the future, but make sure it's there. Start - but don't stick - with what you know. Maybe you've spotted a niche in a certain market, maybe you speak a language, maybe you have relatives living overseas. In some cases it may be appropriate to start your international journey there. However, keep an open mind - there's a whole world of opportunity out there. Find the right balance. The optimum split between domestic and international differs from business to business. English Tea Shop started off being 100% international but we've now dialled it back to being about 70/30. We're entering new markets all the time and we think it's vital to maintain a sense of agility. Use external resources. Logistics providers, UKTI, small business media - there's a whole wealth of information out there to support and guide you from the very beginning. If there are any areas of expertise or practical knowledge you feel you're lacking, you can be sure help is there for those who ask for it. Be ready for the rush. If all goes to plan, your business will grow rapidly - and for this reason you should make sure you have a solid infrastructure in place if things suddenly explode.
Answers
Being "born global" is a mindset where businesses seek international opportunities from the very beginning. It is much, 3SPJmuch simpler than many think and can accelerate growth. It is a must for fledgling businesses in 2017.
The advantages of being born global can be profound. Being born global is a mindset where businesses seek international opportunities from the very beginning. In its purest sense, being born global is a mindset where businesses seek international opportunities from the very beginning. The benefits of being born global can be profound.
In particular, developing markets are where businesses can find the fastest growth. Language and cultural barriers, logistics, market knowledge, manpower are all very valid reasons why businesses refrain from going global.However, if managed practically, the potential challenges are completely outweighed by the potential gains. It is much, much simpler than many think and can accelerate growth. If you're not international, you're not in the game.
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Which of the following is essential for a firm to gain a sustained competitive advantage over its competitors?
Answers
Answer:
Down Below
Explanation:
The resources must be valuable, rare, imperfectly imitable, and non-substitutable.
april has joined a team with members from the sales customers service and shipping and receiving departments which term best describes the team april joined
Answers
Answer:
A cross-functional team
Explanation:
A cross-functional team is composed of members with different skills, experiences, and backgrounds. In organizations, cross-functional teams will have members from various departments. The teams are formed to undertake projects that require input from different experts.
April has joined a cross-functional team. The team has members from many departments. Cross-functional are temporally and get dissolved when the project is complete.
population growth can have both a positive and a negative impact on economic growth. a. true b. false
Answers
The correct answer is true. Population growth can have both, a positive and a negative impact on economic growth.
The yearly rate of change in real GDP per person is the measure of economic growth. This indicator of a country's economic growth rate considers both the rate of population increase and the growth in the total output of goods and services. It is an average measure that does not take into consideration potential changes in income distribution or different welfare costs or benefits that may come along with economic growth.
Some economists say that population expansion slows economic growth, while others assert the exact reverse. Therefore, according to the latter economists, immigration should be promoted rather than discouraged.
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The approach to decision making that involves soliciting input from a network of people outside of the organization is called
Answers
The approach to decision making that involves soliciting input from a network of people outside of the organization is called crowdsourcing
What is crowdsourcing?
Crowdsourcing involves the use of input from a large group of people. It is a method through which companies and businesses get information.
The internet is the major source that is used for crowdsourcing.
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1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
Answers
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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What is one way people can reduce the amount of taxes they owe in a year?
A. Give money to charity
B. Earn a higher income
C. Purchase luxury goods
D. Work longer hours
Answers
Answer:
A
Explanation:
Donating money to charity is one method people might lower their annual tax burden. Therefore, (A) is the correct option.
What is Tax?Taxes are required payments made to individuals or enterprises by a government agency, whether local, regional, or federal. Income, capital gains, or the estate are all subject to taxes.
One of the ways to reduce the amount of tax payable is to donate money to a charity.
Therefore, (A) is the correct option.
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influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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