A business practice known as outsourcing entails hiring a third party to carry out duties, manage operations, or offer services on the company's behalf.
Businesses utilize outsourcing to reduce labor costs, including staff pay, overhead, equipment costs, and technology expenditures. Enterprises can use outsourcing to scale back operations, concentrate on their core competencies, and offload less important tasks to other companies.
Contracting out business operations and processes to outside vendors is known as outsourcing. The advantages of outsourcing can be significant, ranging from cost reductions and increased efficiency to a stronger competitive advantage.
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Ravina is the owner of a large bakery that specializes in customized cupcakes for special occasions. When she refurnishes her kitchen, she finalizes a layout that groups various kitchen appliances and equipment according to the type of task they perform. According to Ravina, such a layout will help her in customizing small orders. Given this information, it can be inferred that Ravina has chosen a _____ for her kitchen.
most businesses have a systematic method for analyzing transactions and collecting and recording transaction-related information. this transformation process is which part of accounting? the publication of raw data the bookkeeping process the accounting cycle the evaluation of financial data
The accounting cycle is a systematic method for analyzing transactions and collecting and recording transaction-related information.
The accounting cycle is a thorough process that thoroughly records a business's transactions from start to finish, aiding in the efficiency of organizations. The cycle includes T-accounts, credits, debits, journal entries, financial statements, and book closing in addition to all other accounts for the company.
The steps in the accounting cycle are the identification of transactions, recording of journal entries, posting of transactions, creation of the unadjusted trial balance, worksheet analysis, rectification of worksheet discrepancies, creation of the financial statement, and closing of the books. As a result, it is a systematic approach to transaction analysis and the gathering, recording, and processing of transaction-related information that is utilized by numerous firms.
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5 methods that maybe used to engage in trade w within the business environment.
The five main factors that influence international trade are: the existence of government regulations, variances in technology, variations in resource endowments, variations in demand, and the availability of economies of scale.
What techniques are employed to regulate global trade?Governments primarily use tariffs, subsidies, and quota systems to impose trade restrictions. A quota system places limits on the quantity of commodities that may be imported into a nation. Governments can limit the amount of imports to assist safeguard native businesses by using quota systems.
What drives people to trade?Trade is essential to the prosperity of the United States because it boosts economic expansion, promotes domestic employment, raises living standards, and enables citizens to sustain their families with reasonably priced goods and services.
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Question 4 of 10
Margaret wants to use a pre-set design to create her slide presentation. Her
presentation will be for an important business partner, so she wants to select
something that is professional and has a serious tone. Which of the following
options should Margaret choose?
A. A pre-set design that has an orange background and yellow text
B. A pre-set design that has an orange background and purple text
OC. A pre-set design that has a light blue background and black text
D. A pre-set design that has a gray background and red text
SUBMIT
A pre-set design that has a light blue background and black text of the following options should Margaret choose. The correct option is C.
How do you describe a professional tone?A formal tone is popular in a professional or academic context, where the piece must be direct and thorough whereas maintaining a respectful tone. Formal pieces frequently include real sentences with no contractions or other shortened words and do not include slang terms.
Presets allow you to edit your photos faster while also achieving a consistent, high-quality look across all of them. Using photography presets, especially professionally created presets, simplifies your workflow, saves time, and improves the appearance of your images.
Thus, the ideal selection is option C.
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Why is blockchain popular in financial industry?
Blockchain is safe, open, and nearly impossible to alter due to its structure and characteristics. This underlying technology in the finance sector enables the transfer of currency with the assurance that the transaction is secure and reliable.
Why is blockchain crucial to the finance industry?With increased security and efficiency, blockchain can digitalize the entire trade finance lifecycle. It can facilitate faster processing times, lower capital requirements, and a reduction in the risks of fraud, human error, and overall counterparty risk.
Blockchain improves the traceability, security, transparency, and trustworthiness of data shared across a business network. It also reduces costs by creating new efficiencies. Blockchain for business makes use of a shared, unchangeable ledger that is only accessible to members with authorization.
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A business ________ is a logically related set of activities that defines how specific business tasks are performed.
Answer:
business process is a logically related set of activities that defines how specific business tasks are performed.
peel company received a cash dividend from a common stock investment. should peel report an increase in the investment account if it carries the investment at fair value or if it uses the equity method of accounting?
Peel Company received a cash dividend from a common stock investment. Peel shouldn't report either Fair value or the equity method of accounting.
What is Fair ValueFair value is the exchange rate of assets or settlement of obligations between parties who understand and wish to make fair transactions.
Fair value or fair value is the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants on the measurement date.
Fair value is an estimate of the price of an asset, in the form of goods or services, which aims to accurately measure the estimated accompanying costs.
It should be remembered that fair value is a market-based measurement, not an entity-specific measurement.
In practice, fair value can be determined by:
Directly, by observing prices in an active market. Indirectly, by using measurement techniques based on cash flow. Make estimated cash flows as a picture of cash inflows in the future. From this, fair value can be measured.Learn more about fair value at https://brainly.com/question/30027849.
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your insured advises you they wish to have liability coverage for the use of any auto. which symbol do you use for this blanket coverage?
"Any auto" is the first symbol. The automobile need not be reported, and the date of purchase does not matter. The liability claim is covered by symbol 1.
"Any auto" (owned, borrowed, rented, or hired) is covered by Symbol 1 for liability.
What is the 7 symbol?
"Symbol 7" coverage is the most frequently purchased type of business auto insurance. Symbol 7 coverage covers any listed or "scheduled" vehicles on your policy. It is similar to personal auto insurance.
Is physical damage included in symbol 1?
1 symbol: This is the broadest kind of coverage for physical damage, and it covers any car you use for business. 2nd symbol: refers to coverage for your personal passenger vehicles that you own and use for your business.
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Which of the following are traits of successful entrepreneurs?
quits when he or she fails
doesn't make the same mistake twice
is self-assured
relies on everyone else to get the job done
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
Hope this helps!
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
WILL GIVE BRAINLIEST!! Answer the following 3 questions A, B, or C
Answer:
B
C
A
Explanation:
Answers:
1.B
2.C
3.A
.....
What are three ways to make money through investing in real estate?
Answer:
There are three primary ways investors could potentially make money from real estate: An increase in property value. Rental income collected by leasing out the property to tenants.
Answer: By a sudden positive change in the economy, by renting out residences or land to customers, or by being smart about when and how the properties are put up for sale or rent
Explanation:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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Hunt taxidermy,inc. is concerned about the taxes paid by the company in 2018. in addition to 42.4 million of taxable income, the firm received $2,975,000 of interest on state-issued bonds and $1,000,000 of dividends on common stock it owns in oakdale fashions inc. (use table 2.3)
Hunt Taxidermy, Inc. had a taxable income of $42.4 million in 2018. They also received $2,975,000 of interest income on state-issued bonds and $1,000,000 of dividends on common stock in Oakdale Fashions Inc. To calculate their taxes, we considered the different sources of income. The taxable income was subject to a corporate tax rate of 25%, resulting in taxes of $10,600,000
Hunt Taxidermy, Inc. is concerned about the taxes it paid in 2018. In addition to $42.4 million of taxable income, the company received $2,975,000 of interest on state-issued bonds and $1,000,000 of dividends on common stock it owns in Oakdale Fashions Inc.
To calculate the taxes, we need to consider the different sources of income and their tax implications.
1. Taxable income: The $42.4 million of taxable income is subject to the corporate tax rate. Let's assume a tax rate of 25%.
Tax on taxable income = $42,400,000 * 0.25 = $10,600,000
2. Interest on state-issued bonds: Interest income from state-issued bonds is generally exempt from federal income tax. However, we need to check if it is subject to state or local taxes.
If the interest income is exempt from state and local taxes, then there will be no additional taxes on this income.
3. Dividends on common stock: Dividends on common stock are subject to a different tax rate. Let's assume a tax rate of 15% for qualified dividends.
Tax on dividends = $1,000,000 * 0.15 = $150,000
Therefore, the total taxes paid by Hunt Taxidermy, Inc. in 2018 would be the sum of the taxes on taxable income and the taxes on dividends:
Total taxes = $10,600,000 + $150,000 = $10,750,000.
In summary, Hunt Taxidermy, Inc. had a taxable income of $42.4 million in 2018. They also received $2,975,000 of interest income on state-issued bonds and $1,000,000 of dividends on common stock in Oakdale Fashions Inc. To calculate their taxes, we considered the different sources of income. The taxable income was subject to a corporate tax rate of 25%, resulting in taxes of $10,600,000. The interest income from state-issued bonds may be exempt from state and local taxes, so no additional taxes are assumed. The dividends on common stock are subject to a tax rate of 15%, resulting in taxes of $150,000. Therefore, the total taxes paid by Hunt Taxidermy, Inc. in 2018 would be $10,750,000.
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In the _________ phase of BPI, the BPI team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Answer:
Measure.
Explanation:
In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Business Process Improvement (BPI) can be defined as an incremental approach, in which an organization focuses on limiting variation in the process outputs by searching for the main causes of the variation among process inputs or in the process itself.
The main steps of the Business Process Improvement (BPI) includes; mapping, analysis, redesign, implementation, reflection and benchmarking.
Additionally, some of the methodologies used for the Business Process Improvement (BPI) are Six Sigma, Total Quality Management (TQM), Lean etc.
Answer:
Explanation:
In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
ari is a manager of a manufacturing company. he’s not very popular with his employees. after he hears employees gossiping about him, he tries to stop the chatter by enacting rules against spreading rumors, gossip, and discussions about the company. your managerial savvy tells you that ari’s efforts will .
Since Ari is a manager of a manufacturing company and after he hears employees gossiping about him, he tries to stop the chatter by enacting rules against spreading rumors, Note that your managerial savvy tells you that Ari’s efforts will most likely fail.
What it means to be a manager?A manager is someone who is in charge of monitoring and inspiring workers as well as guiding the development of an organization. The person in charge of customer service, who handles client complaints, and who manages and supervises customer service personnel is an example of a manager.
Note that the word "gossip" has several different connotations. Depending on who you ask, gossip can refer to anything that is said about someone without their knowledge, whether it be harmful or actionable. Some people think it solely refers to incorrect rumors, while others say it can also apply to honest comments.
Note that Ari stopping the gossip that way will likely fail because he is using the wrong method.
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The foundation of an integrated marketing communication program consists of a careful review of the company's _____________________.
The foundation of an integrated marketing communication program consists of a careful review of the company's image, the buyers to be served, and the markets in which the buyers are located.
One of the most important and intricate aspects of a business's marketing initiatives is marketing communication (MarCom). marketing communication may be broadly defined as all the communications and medium you use to communicate with the market. Your web presence, printed materials, PR initiatives, sales presentations, sponsorships, trade show appearances, and more are all examples of marketing communication. Marketing communication also encompasses advertising, direct marketing, branding, packaging, your online presence, and more. Marketing communications, refers to the messaging and medium that businesses employ to reach their target markets. Presentations, sponsorships, direct marketing, social marketing, and traditional advertising are a few examples of marketing communications.
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Abbott Company had $13000 in revenue and net income of $5000 during its first year of operations. What was the amount of the company's expenses during that year?
a. $8000
b. $7000
c. $6000
d. $5000
Abbott Company's expenses during its first year of operations can be calculated by subtracting its net income from its revenue.
The formula to calculate expenses is:Expenses = Revenue - Net IncomeUsing the given values,
we can calculate Abbott Company's expenses as follows:
Expenses = Revenue - Net Income
Expenses = $13000 - $5000
Expenses = $8000
Therefore, Abbott Company had $8000 in expenses during its first year of operations.There are different types of expenses that a company incurs during its operations.
Some of the common expenses include rent, utilities, salaries, taxes, and supplies. These expenses can be fixed or variable in nature. Fixed expenses are those that do not change with the level of production or sales.
For example, rent is a fixed expense because it remains the same regardless of the number of units produced or sold. On the other hand, variable expenses are those that vary with the level of production or sales.
For example, the cost of raw materials is a variable expense because it increases as the number of units produced or sold increases.
A company's expenses are an important factor in determining its profitability. If the expenses are too high, the company may not be able to generate a profit even if it has a high level of revenue.
Therefore, it is important for companies to keep their expenses under control while maintaining a high level of productivity and quality.
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A building contractor gives a $15,000 promissory note to a plumber who has loaned him $15,000. The note is due in 9 months with interest at 5%. Three months after the note is signed, the plumber sells
The answer is, the value of the note after three months is $15,375.
How to find?Now, let's calculate the amount at maturity
Amount at maturity = P + I
= 15,000 + 562.50
= $15,562.50
Now, the plumber sells the promissory note to a banker after three months.
Therefore, time left for maturity = 9 - 3
= 6 months
Now, let's calculate the value of the note after three months.
Amount at maturity = P + I
= 15,000 + (15,000 × 5/100 × 6/12)
= 15,000 + 375= $15,375
So, the value of the note after three months is $15,375.
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50+50=? hep plz plz plz plz
Answer:
10000
Explanation:
por que los dinosaurios son rozas
100
50 + 50 is 100 ;)
Rather than looking for problems, ________ seeks to identify the unique qualities and special strengths of an organization, which can then be built upon to improve performance
'Rather than looking for problems, appreciative inquiry seeks to identify the unique qualities and special strengths of an organization, which can then be built upon to improve performance.
The gratitude quest is a model aimed at engaging stakeholders in self-determined change. According to his Gervase Bushe, Professor of Leadership and Organizational Development at Beedie School
Appreciative Inquiry (AI) is about understanding what's working, analyzing why it's working, and then doing it. A change management approach that focuses on A fundamental premise of AI is that organizations grow in the direction that people in them pay attention to.
Appreciative Inquiry discovers untapped positive potential in organizations. For example, a model may focus on the functions, benefits, spirit, and value of a system. Discovering Possibilities harnesses the energy needed to enable change based on breakthroughs, discoveries and innovations.
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diversifiable risk is primarily composed of ______________.
Diversifiable risk, also known as unsystematic risk, is primarily composed of company-specific factors.
This type of risk is unique to a particular company and cannot be diversified away by holding a portfolio of investments. Examples of diversifiable risk include factors such as changes in management, shifts in consumer preferences, and technological disruptions.
By contrast, systematic risk is risk that is inherent in the overall market and cannot be diversified away. Examples of systematic risk include factors such as changes in interest rates, economic recessions, and natural disasters.
Investors can reduce the impact of diversifiable risk by diversifying their portfolio across multiple companies, sectors, and asset classes. This helps to spread the risk across a wider range of investments, reducing the impact of any single company's specific risk factors.
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A person offers you the following deal. You can have the proceeds of $2 doubled each year at the end of 15 years, or you can have $10,000 at the end of 15 years. Which deal should you take? Why?
Answer:
The deal I would take is the first deal.
Explanation:
I would take the first deal because as it's getting doubled by the number after the fourth year you would make $65,536 which is way more money then $10,000 at the end of 15 years.
Which of the following is a disadvantage of being a private limited company?
a. It has a separate legal Identity and therefore has continuity
b. Control is kept over who buys shares in the company
c. Shareholders' personal possessions cannot be taken to pay any debts
d. A summary of the business's accounts can be viewed by the public
Choose one of the laws that protect consumers' financial rights and find three articles describing instances of financial institutions breaking this law. Write a report (about 500 words) describing the circumstances of the violation and the penalties associated with the violation.
Answer:
Consumer protections sound like it should be a guarantee in Usa, but the government never intervened to protect citizens in the 1960s.
It began mostly with 1968 Consumer Credit Protection Act, when Congress stepped on from violence to defend consumers and their financial histories.
Many regulations expanded investor protections in the years that followed, detailing how the government can obtain records from bank clients, how banks manage lenders and how lenders manage deposit accounts.
During the Great Depression of 2008, it all reached a climax and with that, the financial stability oversight Bureau was created, a new federal department committed to defending customers.
Answer:
For this report I chose to use the Truth in Lending Act. The Truth in Lending Act protects you against inaccurate and unfair credit billing and credit card practices. It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans. This protects you from loan overdraft and over billing. This allows the consumer ease to their day of anytime they run into finacial issues. As this makes better sense to consumers it helps others all over the world. People use it in hopes that this will help them in everyday.
Explanation:
besides tariffs, a government can use a number of other tools to restrict trade. which of the following is not a tool the government can use to restrict trade? group of answer choices A. import quota B. embargo C. boycott D. all of the above are tools
Besides tariffs, a government can use a number of other tools to restrict trade and all of the following are tools that the government can use to restrict trade: Import quotas. The correct answer to the given question is option D, that is, "All of the above are tools."
An import quota is a limit on the amount of a specific good that can be imported over a given period of time. This is typically achieved through a permit system, with importers required to obtain a permit for each shipment they import.EmbargoAn embargo is a complete ban on trade with a specific country or region. It is intended to isolate a country economically and diplomatically.
Embargoes are frequently imposed in response to a perceived threat to national security or in response to violations of international law. A boycott is a voluntary agreement by individuals or groups to stop doing business with a particular company or country, typically in response to some political or social issue. All of these are tools that the government can use to restrict trade.
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Does the U.S. have a trade deficit or surplus?
Answer:
surplus
Explanation:Don't quote me on this because I might be wrong, but I think the united states has a trade surplus because of the dependence on U.S trade globally. China has a trade surplus because they have some the biggest and busiest factories and shipping outposts. Since the U.S has such a high trade level with the trade Surplus of china the U.S is also a trade surplus.
Identifying specific marketing activities, determining the time required to complete each activity, and organizing marketing activities into the proper sequence are examples of the steps involved in creating a(n):
Answer:
e. implementation timetable
Explanation:
This set of sequential activities can be described as an implementation schedule, which is developed in an organization with the aim of organizing tasks according to the needs of development and completion so that the objectives of a given project are achieved effectively. .
It is also necessary that the schedule is monitored and updated when necessary, according to the needs of a given project and its demands over time.
What are most employers looking for in a job candidate?
people skills
skills
character
enthusiasm
People skills
if you dont have people skills you wont be able to properly care for the customer
explain how a business decision might have a ripple effect that would tilt the economy on a new phase of the business cycle
A business decision, such as expanding production or increasing prices, can have a ripple effect that impacts other businesses and consumers. For example, if a company decides to increase its production, it may need to purchase more raw materials from other businesses, which would boost their sales and profits.
This increase in demand for raw materials may also cause their prices to rise, which would then impact the cost of production for other businesses that use those materials. As a result, these businesses may need to increase their prices to maintain their profit margins, which would then affect the purchasing power of consumers.
Similarly, if a company decides to increase its prices, it may lead to a decrease in demand for their products. This decrease in demand can then lead to a decrease in profits for the company, which may force them to lay off employees or cut back on production. This reduction in production may then impact the sales and profits of other businesses that rely on the company as a supplier or customer. The reduction in employment may also lead to a decrease in consumer spending, which would then impact the overall demand for goods and services in the economy.
In either scenario, the ripple effect of a business decision can have a significant impact on the economy, potentially leading to a shift in the business cycle. For example, if a series of business decisions lead to a decrease in consumer spending and overall demand, the economy may enter a recession. Alternatively, if a series of business decisions lead to an increase in demand and production, the economy may enter a period of expansion.
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