Answer:
The five Specific forces acting as stimulants for change are (1)Globalization, (2)Social trends (3)Competition (4)Changes in Technology (5)Changes in Law and political behavior.
Explanation:
Solution
The Five specific forces as stimulants for change is stated below:
Globalization: globalization has also affected the domestic organizations more often. Globalization has led to the increase of the competition for every industry. for this, every domestic business would have to adopt some change is in its operations to maintain its market share and to get a competitive advantage over others.Social trends: social trends in any market would act as a stimulus for organizational environment and change as they would help the business get a first-mover advantage. for example, any social movement such as ripped jean or Bell bottom jeans, made the various companies in the same industry to adopt some changes.Competition: the entrance of new competition in the market forces the existing business organizations to acquire some changes to get a competitive advantage.Changes in technology: It is one of the significant changes in the business environment, which acts as a substance for the change in the organization. If any business wants to prosper and survive for a longer period, then it would have to acquire changes according to the technological changes in the environment to attend the competitive environment and a continually increasing market share.Changes in law and political behavior: if there are changes in government or law in any country, it may bring some changes for the business. It would force the business to adopt such changes. for example some laws related to the environmental Protection force are the business to produce environment-friendly products and adopt green technology.
In order to be able to explain financial concepts to your clients, you need to have good ______ skills:
Accounting
Math
Computing
Communication
You require strong communication skills in order to be able to convey financial ideas to your clients. As a result, choice (D) is acceptable.
What is financial concept?The fields of banking, pressure or financing, credit, capital markets, money, investments, and the development and management of financial systems all fall under the umbrella of finance.Microeconomic and macroeconomic theories are the source of many of the fundamental ideas in finance. The temporal value of money is one of the most fundamental beliefs that holds that a dollar today is valued more than a dollar tomorrow.Personal finance, corporate finance, and public (government) finance are the three primary subfields of the finance discipline.For the purpose of acquiring financial commodities and achieving financial objectives, both consumers and corporations employ financial services.One of a country's main economic generators is the financial services industry.Learn more about financial concept, from:
brainly.com/question/30046160
#SPJ2
Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank
Answer:
The higher the interest rate helps someone's money grow larger over time
Explanation:
Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.
The higher the interest rate, the higher the growth in deposit.
For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit. If $200 is deposited, after 3 years, the total amount that would be had in each bank is
$200 x (1.1)^3 = $266.20
$200 x (1.2)^3 = $345.60
It can be seen that the amount after 3 years is higher at the bank with the higher interest rate
Which of the following is not an example of professional behavior
?
What is nation’s plan for answering the key economic questions?
Explanation:
economic decision-making
process of choosing which wants among several options will be satisfied
producers
individuals and organizations that determine what products and services will be available for sale
economic system
a nation's plan for answering the three economic questions
economic resources
means through which goods and services are produced
needs
things that are required in order to live
scarcity
not having enough resources to satisfy every need
supply
quantity of a good or service that businesses are willing and able to provide
consumer
person who buys and uses goods and services
command economy
system in which resources are owned and controlled by the government
goods
things that you can see and touch
capitalism
private ownership of resources by individuals rather than by the government
traditional economy
system in which goods and services are produced the way they have always been done
mixed economy
system that combines elements of the command and market economies
demand
quantity of a good or service that consumers are willing and able to buy
market price
point where supply and demand are equal
wants
things that add comfort and pleasure to your life
services
activities that are consumed at the same time they are produced (things that others do for you)
trade-off
giving up on something to have something else
opportunity cost
value of the alternative you did not choose
market economy
system in which the resources are owned and controlled by the people of the country
economic choices
you can't have everything so you must choose
what are the 6 tips in the economic decision making?
1. define the problem
2. identify your choices
3. evaluate your choices
4. choose one
5. act on your decision
6. review your decision
(DieCar)
unlimited wants
wants that are never-ending and build off each other
what are the three economic resources or also known as factors of production?
a. natural resources
b. human resources
c. capital resources
natural resources
resources that come from the earth, water, or air (oil, ,gold, copper, etc.)
human resources
people who work to produce your goods and services (people in labor)
capital resources
tools, building, equipment that are used to produce them
what is the basic economic problem for businesses and families?
scarcity
competition
a contest among sells to get consumers to buy their product (you)
freedom of choice
buy what you want and where you want
Steven manages a team responsible for opening new restaurants of a large, fast-food chain. His team goal is to open eight restaurants in four months' time, and he's mapped out a plan for breaking this goal into actual tasks and projects. As Steven's mentor, what advice do you give him for managing obstacles that might disrupt his progress?
Answer:
divide all of the current obstacles by the level of urgency and take it one step at a time
Explanation:
When making any sort of plans there will always be unexpected obstacles that prevent/disrupt you from making progress. In these situations, the best advice would be to divide all of the current obstacles by the level of urgency and take it one step at a time. If you try to solve all the problems at once you will get overwhelmed and stressed out. Instead solve one at a time, focusing on the more urgent problems first.
Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
For more information about HDI, click here:
https://brainly.com/question/11119149
#SPJ5
Michelle can work at job A earning $50,000 a year, job B earning $83,000 a year, or job C earning $85,000 a year. If Michelle chooses job C, then her economic rent from working at that job rather than job A is
if michelle chooses job c then her economic rent from working at that job rather than job a is 2,000 dollars
n investment broker is considering two project proposals. The investments and cash flows for each project are given below. The broker can invest in either of the two projects. He can also choose not to invest at all. What should he do if the discount rate is 12%
To determine which project the investment broker should invest in, he needs to calculate the net present value (NPV) of each project using the given cash flows and a discount rate of 12%.
For Project A:
Initial investment: $100,000
Cash flows: $30,000 in year 1, $50,000 in year 2, $80,000 in year 3
Using the NPV formula, the calculation would be:
NPV = -$100,000 + ($30,000 / 1.12) + ($50,000 / 1.12^2) + ($80,000 / 1.12^3)
NPV = -$100,000 + $25,446.43 + $38,911.76 + $50,009.72
NPV = $14,367.91
For Project B:
Initial investment: $150,000
Cash flows: $60,000 in year 1, $90,000 in year 2, $120,000 in year 3
Using the NPV formula, the calculation would be:
NPV = -$150,000 + ($60,000 / 1.12) + ($90,000 / 1.12^2) + ($120,000 / 1.12^3)
NPV = -$150,000 + $50,892.86 + $68,466.03 + $76,633.17
NPV = $45,992.06
Based on the NPV calculations, the investment broker should invest in Project B as it has a higher NPV of $45,992.06 compared to Project A's NPV of $14,367.91. If the investment broker chooses not to invest at all, he will have an NPV of $0.
To know more about Investment Broker visit:
https://brainly.com/question/20049767
#SPJ11
Need help
what did police find in Bidens home?
Answer:
Explanation:
The FBI spent more than 12 hours searching President Biden's Wilmington, Del., residence Friday, and found more classified documents.
Some of the items date back to Biden's time as a a senator, while others were from his time as vice president, said Biden's personal attorney, Bob Bauer, announced the extraordinary development in a Saturday night statement. The Justice Department also took some handwritten notes for further review, he said.
A spokesman for the U.S. attorney in Chicago, who is overseeing the investigation of the documents until special counsel Robert Hur is in place, confirmed the search, saying that the FBI had "executed a planned, consensual search" of Biden's home.
It's the latest in a series of disclosures that has raised questions about Biden's handling of classified material, and comes after the White House had said that searches of Biden's residence had been complete.
Biden says he has 'no regrets' on how he's handled classified documents discovery
POLITICS
Biden says he has 'no regrets' on how he's handled classified documents discovery
Biden has been defiant about the issue, telling reporters on Thursday that he has "no regrets" about how he and his team have handled the discovery and disclosure of the documents.
Answer: he fbi found classified documents
Explanation:
What does it mean to “authenticate” your payment? How do these payment systems authenticate?
Answer:
Payment authentication is the process of confirming a customer's identity through at least one of the following authentication factors: knowledge, inherence, ownership, and user location. Knowledge is the most common category used for transaction authentication.
Which of the following is characteristic of a centrally planned economy?
Synthesizing Suppose you were told that you would
earn $95,000 in 2020. Explain why this information
would say little about the standard of living you might
enjoy. What other information would you need before
you could evaluate how well you could live in 2020?
Answer:
The nominal earnings is only one side of the story. The thing that matters is what the earnings would be able to buy. Hence, we need to know how the prices are going to change, and what are is the expected inflation. If the inflation is very high, the same nominal money would be able to buy less goods and if the inflation is more, the same nominal money would be able to buy more goods.
Explanation:
The answer is the explanation
Before evaluating how well I could live in 2020, there are several other factors that need to be evaluated.
Evaluation for livingMany things need to be evaluated. These include the rise in price of every thing from food, petrol, and other basic necessities. It is important to note that what our earnings would be able to buy. Earnings will decide how better can we live in 2020.
Standard of livingStandard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area. Standard of living is relevant because it is considered to contribute to an individual's quality of life.
Thus, many things need to be evaluated before deciding how well we are going to live in 2020.
Learn more here- https://brainly.com/question/10629222
#SPJ2
The demand function for super big bright led light bulbs is Q^d=(45 million)-(3.5 million * P).If the company charged a price of $8 per bulb
Answer:
74
Explanation:
saif
savvy sightseeing had beginning equity of $73,000; revenues of $93,000, expenses of $66,000, and dividends to stockholders of $9,100. there were no stockholder investments during the year. calculate ending equity.
Beginning with the given information, we start with a beginning equity of $73,000. We then add the revenues, which amount to $93,000, and subtract the expenses, which total $66,000.
This calculation gives us the net income, which is the difference between revenues and expenses, equal to $27,000. Next, we subtract the dividends paid to stockholders, which amount to $9,100. To calculate the ending equity of Savvy Sightseeing, we need to consider the beginning equity, revenues, expenses, and dividends.
Dividends represent the portion of the company's earnings distributed to its shareholders. By subtracting the dividends from the net income, we arrive at the retained earnings, which is $17,900 ($27,000 - $9,100). Finally, to calculate the ending equity, we add the retained earnings to the beginning equity. In this case, the ending equity would be $90,900 ($73,000 + $17,900).
To know more above Savvy Sightseeing :
brainly.com/question/29382265
#SPJ11
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.
Read more on immigration here: brainly.com/question/9809956
#SPJ1
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
l
l
∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Discuss how a person's judgments are affected by the way choices are framed. Give an example of a choice framed in terms of gains. Give another example of a choice framed in terms of losses. Which decision-making strategy is likely used in each case
The way choices are framed can significantly impact a person's judgments and decision-making. This effect is known as the framing effect. The framing effect suggests that individuals may make different choices based on how options are presented or framed, even if the options are objectively the same.
When choices are framed in terms of gains, individuals tend to be risk-averse. They are more likely to prefer a sure gain over a risky alternative with potentially higher gains. For example, consider a situation where a person is given a choice between receiving $500 for sure or flipping a coin to have a 50% chance of winning $1,000. Many individuals would choose the sure gain of $500 rather than taking the risk.
In this case, the decision-making strategy used is likely to be conservative or risk-averse. Individuals prioritize securing the gain and avoiding potential losses.
On the other hand, when choices are framed in terms of losses, individuals tend to become risk-seeking. They are more willing to take risks to avoid losses. For instance, imagine a scenario where a person is given a choice between losing $500 for sure or flipping a coin to have a 50% chance of losing $1,000. In this case, many individuals might choose to take the risk and flip the coin, hoping to avoid the certain loss.
In this situation, the decision-making strategy used is likely to be more risk-seeking. Individuals are motivated to take risks to minimize potential losses.
These examples illustrate how the framing of choices, whether in terms of gains or losses, can influence people's decision-making strategies and risk preferences. Understanding the framing effect is important for policymakers, marketers, and individuals to be aware of potential biases and to make more informed decisions.
To know more about choices click this link -
brainly.com/question/32018872
#SPJ11
Can an offer can be assigned?
Answer:
yes
Explanation:
Which of the following are typically not part of the duties of a corporate travel manager?
-planning meetings and conferences
-managing travel budgets
-arranging business travel for company employees
-booking a cruise for employees' families
Answer:
booking a cruise for employees' families
Explanation:
A corporate travel manager is a senior officer in a company whose duties revolve around facilitating business travel. Their roles include planning business trips, organizing the company's business events, and any other corporate travel-related tasks.
The corporate travel manager is in charge of implementing the travel budget. They have to find the most cost-effective way of traveling without compromising business productivity and the corporate image.
Operations management is the set of activities that creates value in the form of goods and services by transforming true or false?.
Operations management is the set of activities that creates value in the form of goods and services by transforming inputs to outputs so this is TRUE.
What is operations management?This refers to all the activities that a company engages in to be able to transform the inputs they get to the output they sell.
Operations management therefore involves the creation of value as the outputs are often more valuable than the inputs.
In conclusion, operations management involves creating value by transformation.
Find out more on operations management at https://brainly.com/question/1382997
#SPJ1
TIME REMAINING
50:38
Which of these organisms have no seeds and no specialized tissues?
sequoia trees
orange trees
club moss
liverworts
Answer:
club moss I believe for it is a more simple organism
Answer:
It's D. Liverworts
Explanation:
I took the test on Edge
Use the graph to answer the question that follows.
Which statement describes the shift from D1 to D2?
Demand for the product increased.
Less of the product is being produced.
Demand for the product decreased.
More of the product is being produced.
The statement that describes the shift from D1 to D2 is the demand for the product increased.
What does the shift from D1 to D2 signify?The graph represented in the image is that of a demand curve. A demand curve is a curve that shows the relationship between price and quantity demanded.
The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
When the demand curve shifts to the right, it indicates an increase in demand. When the demand curve shifts to the left, it indicates a decrease in demand.
To learn more about the demand curve, please check: https://brainly.com/question/25140811
#SPJ1
Answer:
Demand for the product increased!
Explanation:
option A
bro r u kidding me smh
Answer: THATS SO F-U-C-K-I-N-G STUP.ID!!!!!!!!! HOW HARD IS IT FOR THEM TO GIVE YOU MORE TIME!!!!!!!!!
Explanation:
Answer:
But from the screenshot it seems like you spent alot of time on ur work, and they still give you an F and D?! That's literally messed up. ur teachers should understand :/
extracting round-dollar payments and summarizing them by vendor can help detect both corruption and billing schemes. True/False
The statement "extracting round-dollar payments and summarizing them by the vendor can help detect both corruption and billing schemes." is True
What are billing schemes?Generally, Fraudulent billing practices target the company's payment processing infrastructure. According to the ACFE Report to the Nations, a billing scheme is "any scheme in which a person causes his employer to issue a payment by having to submit invoices for fictitious goods or services, inflated invoices, or invoices for personal purchases."
In other words, a billing scheme is "any scheme in which a person causes his employer to issue a payout by submitting receipts for personal purchases."
It is possible to uncover fraudulent billing schemes and improper business practices by "extracting round-dollar payments and summarizing them by the vendor." This statement is accurate.
Read more about billing schemes
https://brainly.com/question/22971866
#SPJ1
sale percentage: how large of a sale the website was having measured from 0 to 100 (no sale would be 0%). which of the following is true about the lpm model as compared to the logit model?
In regards to the comparison between the LPM (Linear Probability Model) and the Logit Model, the following statement is true:
The Logit Model is preferred over the LPM Model when analyzing binary outcomes, such as whether a sale occurs or not (0 or 1), as it provides more accurate estimates and addresses issues related to heteroscedasticity and functional form.
The LPM Model is a linear regression model that directly estimates the probability of an event occurring. It assumes that the relationship between the predictors and the outcome is linear. However, the LPM Model can be problematic when it comes to heteroscedasticity (unequal variances) and the fact that predicted probabilities can fall outside the [0, 1] range.
On the other hand, the Logit Model is a type of regression model used for binary outcomes. It employs the logistic function to estimate the probability of an event occurring. The Logit Model overcomes the limitations of the LPM Model by addressing heteroscedasticity and ensuring that predicted probabilities are bounded between 0 and 1.
When analyzing binary outcomes like the occurrence of a sale (0 or 1), the Logit Model is generally preferred over the LPM Model due to its ability to handle heteroscedasticity and produce bounded probabilities. It provides more accurate estimates and better fits the nature of binary outcome variables.
Learn more about logit model, visit:
brainly.com/question/31413427
#SPJ11
i need help with Question B5 (a) short essay. im completely lost please help me :(
Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk
one of the goals of business intelligence is to _________.
One of the goals that can be attributed to business intelligence as regards this question is that they present the results in an easy to understand manner.
Business intelligence can be regarded as the procedural as well as technical infrastructure which helps in collection , storing as well as analyzing of data that is been produced by a company's activities. It entails data mining as well as process analysis and performance benchmarking.Therefore , business intelligence give out the results of their analysis in understandable way
Learn more at:
https://brainly.com/question/14581141?referrer=searchResults
all of these are characteristics of aggregation except: group of answer choices promotion to the public rights acquisition from the producer sales, aggregation, and transmission to the public rights acquisition from distributor
The characteristic of aggregation that is not included in the given options is "promotion to the public". The other characteristics of aggregation mentioned in the options are "rights acquisition from the producer", "sales", and "transmission to the public".
Hi! Based on your question, all of these are characteristics of aggregation except "promotion to the public." The other terms, such as rights acquisition from the producer, sales, aggregation, and transmission to the public, and rights acquisition from the distributor, are all related to aggregation in one way or another.
The characteristic of aggregation that does not belong to the list is "promotion to the public." Aggregation refers to the process of collecting and combining different items or resources into a single entity. The other characteristics mentioned, such as rights acquisition from the producer and distributor, sales, and transmission to the public, are all related to the process of aggregating goods, services, or information. However, promotion to the public refers to advertising and marketing activities aimed at increasing public awareness and interest in a product or service, which is not necessarily a part of the aggregation process itself.
Learn more about aggregation here;
https://brainly.com/question/31191847
#SPJ11
Blue Corp. Expects to work 10,000 direct labor hours this period to meet its production needs. If fixed costs are estimated to be $6,000 and variable costs are estimated to be $4. 80 per direct labor hour, what is the predetermined overhead rate? A. $4. 20 per direct labor hour B. $3. 60 per direct labor hour C. $5. 40 per direct labor hour D. $4. 80 per direct labor hour
The pre-determined overhead rate for Blue Corp. is $5. 40 per direct labor, Thus, the correct answer is option C.
What is pre-determined overhead rate?A predetermined overhead rate is the rate at which manufacturing overhead is applied to work-in-process inventory. Before the period begins, the predetermined overhead rate is calculated.
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Fixed Overhead Rate + Variable Overhead Rate
Predetermined fixed overhead rate = Estimated fixed overhead / direct labor hours
= $6,000 / 10,000
= $0.60
Predetermined variable overhead rate = $4.80
Predetermined overhead rate = $0.60+ $4.80 = $5.40
Therefore, $5. 40 per direct labor is the predetermined overhead rate.
To learn more about predetermined overhead rate, click here:
https://brainly.com/question/13312126
#SPJ4
the following question asks you to analyze the monopolistically competitive market structure, which has some characteristics of both a monopoly and a competitive market.
The monopolistically competitive market structure, which has some characteristics of both a monopoly and a competitive market. Both competitive and monopolistically competitive markets are easy to enter and exit in the market. The goods in a monopolistically competitive market is slightly variated or there is product-differentiation while those in competitive markets are homogenous.
What is a monopolistic competition?Monopolistic competition is a sort of market structure in which numerous businesses are present in a given sector and make comparable but distinctive goods .
None of the businesses has a monopoly, and they all run their own businesses without taking into account what other businesses are doing .
Learn more about the monopolistic competition here:
https://brainly.com/question/28041434
#SPJ1