The correct answer is B. Background information on the topics to be covered in class.
Explanation:
To preview one material or text involves to quickly look at the material (skim) and understand what the material is about. Moreover, one the general topic is identified the reader should try to remember background information or information he/she already knows about the topic. This helps the reader to better understand the material once it is read. Moreover, this strategy is ideal for class material because by previewing the materials students can activate their knowledge on the topic covered in the class (option B).
2. You want to convince your employees to sign up for the new health maintenance
program that your company offers because it is cheaper than the older program.
However, you expect most employees to stay with the more expensive program as it
covers more physicians. Which of the following persuasive strategies will be most
effective in this case?
Because the audience is probably going to value emotion as a way of problem-solving in this situation, the persuasive tactic will be most successful.
To succeed in "persuasive strategy," one must balance reason and passion.
The three different categories of persuasive tactics are pathos, ethos, and logos. The most persuasive writing typically combines all three tactics. While ethos relies on the authority of the author or source as justification for action, logos draw conclusions using logic or reason.
It is significant to note that your ability to persuade others affects their behavior. Arguments are used in persuasion to persuade others to follow your path. The way you express your views to others might have an effect on how others interpret a certain issue or concept.
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in your own idea, are "doing good for others" and "doing well for oneself" conflicting ideas? Which would you choose and why?
Answer:
The "Invisible Hand" orden a sus In his 1776 book The Wealth of Nations, Adam Smith first noted that the operation of a market system creates a curious unity between private interests and social interests. Firms and resource suppliers, seeking to further their own self-interest and operating within the framework of a highly competitive market system, will simultaneously, as though guided by an “invisible hand," promote the public or social interest. For ex- ample, we have seen that in a competitive environment, businesses seek to build new and improved products to increase profits. Those enhanced products increase society's well-being. Businesses also use the least costly combination of resources to produce a specific output because it is in their self-interest to do so. To act otherwi forgo profit or even to risk business failure. But, at the same time, to use scarce resources in the least costly way is clearly in the social interest as well. It "frees up" resources to produce something else that society desires. Self-interest, awakened and guided by the competitive market system, is what in- duces responses appropriate to the changes in society's wants. Businesses seeking to make higher profits and to avoid losses, and resource suppliers pursuing greater mon- etary rewards, negotiate changes in the allocation of resources and end up with the output that society wants. Competition controls or guides self-interest such that self- interest automatically and quite unintentionally furthers the best interest of society The invisible hand ensures that when firms maximize their profits, and resource SP ety's output and and pliers maximize their incomes, these groups also help maximize society income.
Based on your evaluations on entrepreneurial mindset, summarize your level of need for achievement, individualism, control, focus, and optimism. What strategies and tactics could enhance these in the next 6 months
Answer:
The need for achievement is necessary for all. The person should have achievable tasks to be motivated at work. Individualism is based on self reliance and introvert. It is important as it brings out creative mind sets into implementation. The control is required for employees as they will be rewarded based on their efficiency of their assigned tasks. Every employee should be focused on their own tasks. Optimism is important as all the employees should have focus on their tasks and believe that its fruits will be achieved in future.
Explanation:
The business success is all dependent on its employees and staff. The business strategy should be set in order to keep employees motivated with focus on business growth. The employees should be given achievable weekly or monthly tasks and they should be praised if they stand out from others. Incentives should be given to those employees who complete their assigned tasks with extra ordinary efficiency. This will keep them motivated and other employees will also work hard to prove themselves.
Depreciation expense is reported as a decrease in which of the following financial statements
Answer:
Income Statement
Explanation:
A "financial statement" shows the financial flow of a business in a written record. It comes in three types: Balance Sheet, Income Statement and Cash Flow Statement.
The company's revenues and expenses are recorded in the "Income Statement." Part of the expenses is the "depreciation expense." This expense refers to the deducted value of a good over time. For example, when your company is using a car for delivery purposes, that car depreciates annually due to wear and tear (and how long you've used it). This expense is then recorded as a decrease in the Income Statement.
Why is financial accounting regulated whereas management accounting is not?
Answer:
Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
Explanation:
Your welcome!
what is the difference between job rotation, job delegation, job enlargement and job enrichment
Answer:
Whereas job enlargement means increasing the scope of job quantitatively by adding up more tasks, job enrichment means improvement in the quality of job such that employees are more satisfied and fulfilled. ... Job enrichment entails the functions of planning and organizing and enlargement involves execution of the same.
Why is pay a valuable part of employee recognition? What are the potential results
of not paying employees a competitive salary?
Answer:
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payment continues to represent a barrier to widespread adoption of the sharing economy, since many consumers feel uncomfortable exchanging cash or financial information with strangers.
a. True
b. False
payment continues to represent a barrier to widespread adoption of the sharing economy, since many consumers feel uncomfortable exchanging cash or financial information with strangers is false.
A community-based online platform is frequently used to facilitate peer-to-peer (P2P) based activities of acquiring, providing, or sharing access to goods and services, which are defined as part of the sharing economy.
For thousands of years, people in communities shared resources, but with the development of the Internet and its application of big data, it has become simpler for asset owners and those looking to use those resources to connect with one another. The term "shareconomy" or "collaborative economy" can also be used to describe this type of dynamic.
People and organizations can profit from underutilized assets in sharing economies.
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Caitlin's lawyer suggests that she name a(n).
assets in the event of her death.
to receive her assets in the event of her death
Caitlin's lawyer suggests that she name someone, to receive her assets in the event of her death. Thus, option B is correct.
Who is a lawyer?A lawyer can be defined as a person who has gone to school to get a degree regarding the same and passed the bar exam. A lawyer helps the person in the matter which are related to the court
The lawyer recommended to Caitlin that in case she dies or in case of, she should name someone to whom the assets would be transferred after her death or demise. it can be transferred to a person, or organization for a charity fund. Therefore, option B is the correct option.
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Answer:
b
Explanation:
This was not a necessarily an economically efficient move. The fact that it is scrap wood implies that it is not useful for the company's purposes, i.e., making furniture. It is presumptuous to associate a value of $150,000 or $29,000 to the scrap since there is no market for it and thus no market value can be assigned. There is no rational way to calculate the optimal amount of scrap wood. The manager did not go far enough. The most economically efficient outcome would be to reduce scrap altogether. Even at the reduced amount, the company is literally throwing away $29,000 per year when it could recoup that amount with greater diligence.
The manager's decision to reduce scrap wood is not economically efficient, and a more optimal outcome would be to aim for its complete elimination.
The manager's decision to reduce scrap wood, as mentioned in the provided excerpt, is deemed not economically efficient. While it is commendable, the most economically efficient outcome would involve completely minimizing scrap production. The fact that the wood is considered scrap implies its lack of usefulness for furniture manufacturing, making it inappropriate to assign a value of $150,000 or $29,000 to it since there is no existing market or ascertainable market value. Additionally, determining the optimal amount of scrap wood to maintain lacks a rational basis. Despite the manager's efforts, the company still wastes $29,000 annually, which could be salvaged through greater diligence. Thus, the recommended course of action is to aim for a total reduction in scrap production to achieve the utmost economic efficiency.In conclusion, while the manager's effort to reduce scrap wood is commendable, the most economically efficient outcome would be to strive for the complete elimination of scrap, minimizing waste and maximizing cost savings for the company.
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A movement along the demand curve for a good generally results from
Answer:
business environmental
need to get all the business sector's
If you are a debt investor, how do you make money from your investment?
Explanation:
You trade to make money. Which is done by investing into a trade market
Answer:
Lending money and charging interest
Explanation:
Assume a company purchases honeycombs from beekeepers for $2.00 a pound. The honey can be sold in raw form for $3.20 a
pound or it can be used to make honey drop candies. Each package of candies contains three-quarters of a pound of honey and
can be sold for $4.40. In addition to the cost of the honey, making and selling each container of candies incurs additional variable
costs of $1.10 per unit.
The monthly fixed costs associated with making the candies include:
Master candy-maker's salary
Depreciation of candy-making equipment
Salary of salesperson dedicated to this product
Total fixed costs
$ 3,500
400
2,000
$ 5,900
The candy-making equipment does not wear out through use and it has no resale value. Assuming the company makes and sells
8,000 containers of candy, what is the financial advantage (disadvantage) of continuing to process raw honey into candies?
To determine the financial advantage or disadvantages of processing raw honey into candies, we need to calculate the total revenue and total costs associated with making and selling the candies.
Revenue from selling 8,000 containers of candy: 8,000 * $4.40 = $35,200
Variable costs associated with making and selling the candies: 8,000 * ($1.10 + $2.00 * 3/4) = $9,800
Total costs associated with making and selling the candies: $9,800 + $5,900 = $15,700
Therefore, the financial advantage of continuing to process raw honey into candies would be: $35,200 - $15,700 = $19,500.
What is financial advantage?
Financial advantage is a concept that is central to business and investing. It refers to the positive difference between revenue and costs, resulting in a profit for a company or individual. It is a measure of the financial benefit or gain that is achieved through a particular business activity or investment. A financial advantage can be achieved by reducing costs, increasing revenue, or both. In a competitive market, companies and individuals with a financial advantage are better positioned to succeed and grow. They are able to invest in new opportunities, expand their business, and weather economic downturns more effectively. Financial advantage is an important goal for many businesses and individuals and is achieved through careful planning, execution, and monitoring of financial performance.
Hence, the answer is the financial advantage of continuing to process raw honey into candies is $19,500.
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explain all the dimensions of Management functions in Human Resource management
Answer:down
Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).
Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:
Explanation:
a. Planning
Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.
b. Organizing
An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.
c. Directing
To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.
d. Controlling
One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.
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I'm selling this painting on poshmark sometime in November or December 2020 you can put how much your willing to pay in the comments minimum price starting at 30 US dollars.
Diversity in the corporate world is business strategy?
Scott really enjoys working with money, including making it grow. He is also a natural leader and would enjoy working with and leading others. Which two career clusters would best fit Scott?
Answer:
The Finance Cluster and the Managment Cluster
Explanation:
The Finance Cluster would fit Scott because he enjoys working with money, and Finance is all about money. The main subject of study of Finance is simply the the value of money across time.
The Management Cluster would also fit Scott because he enjoys working with people and being a leader. Management is all about leading groups of people, centralizing information, and taking decisions, and for all these reasons, management is likely to be a good fit for him.
Answer:
A
Explanation:
Just took the test
any ideas on a gum? and what type would you create if you were selling gum
Answer:
spicy chicken noodles flavoured gum
What basic economic question is addressed in the press release?
Answer:
for whom to produce
Explanation:
for whom to produce
define liquidity economics.
Answer:
Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. Cash is the most liquid of assets while tangible items are less liquid. The two main types of liquidity include market liquidity and accounting liquidity.
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Find the standard deviation of this sample: 4, 7, 9, 12, 15
The standard deviation is a measure of spread which depicts how much a distribution deviates from the mean or average value of the distribution. The standard deviation of the sample is 4.28
The sample :
4, 7, 9, 12, 15Mean, μ = ΣX/ n ; n = sample size
Mean = (4 + 7 + 9 + 12 + 15) / 5
Mean = 47/5
Mean = 9.4
The standard deviation = √[Σ(X - μ)² / (n - 1)]
Standard deviation = √[(4-9.4)² + (7-9.4)² + (9-9.4)² + (12-9.4)² + (15-9.4)²] / (5 - 1)
Standard deviation = √(73.2 / 4) = √18.3
The standard deviation = 4.28
Therefore, the standard deviation of the sample is 4.28
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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Required: Evaluate the firm’s performance for the year 2020 and 2021 by: a. Calculating the same ratios as the industry norms. (20 marks)
It is necessary to calculate the same ratios as the standards for the industry norms in order to assess the firm's performance for the years 2020 and 2021.
What examples of industry norms are there?Industry. industry customs, including the way truckers flash their lights to communicate with one another. For instance, a brief flash of lights can let a passing vehicle know that they can join back it into lane.
Where can we get the industry standards?Norms can be found in a variety of places for financial analysts. The Dunn & Geddes industry ratios and also the Risk Management Institute guide for industry ratios are two of the most well-known. Value Line and Standard & Poor's are some additional sources.
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What are the impact of SMEDAN on entrepreneurship
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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How does finance and insurance affect in our global economy?
The ways that finance and insurance affect our global economy include:
Capital allocationRisk managementHow can finance and insurance affect the economy ?Finance plays a crucial role in allocating capital to its most productive uses. Through the provision of financial services such as banking, investment, and asset management, finance channels funds from savers to investors, supporting economic growth and development.
Insurance plays a vital role in managing risk and protecting individuals and businesses from potential losses. By spreading risk among a large pool of insured individuals or companies, insurance enables businesses to invest and take on new opportunities with greater confidence, contributing to economic growth and stability.
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Your division has been asked to compile a recommendation for the price point for an innovative software application. You need to know how much customers will be willing to pay and under what circumstances. Conduct a scientific experiment. Access traditional sources and electronic sources. Conduct primary research for firsthand information. Routine tasks often require informal research methods.
Answer:
:Conduct a Scientific experiment
Explanation:
From the question, we are given an instance, whereby Your division has been asked to compile a recommendation for the price point for an innovative software application. You need to know how much customers will be willing to pay and under what circumstances. In this case you need to
Conduct a scientific experiment. An experiment can be regarded as
a procedure that is been carried out so that an hypothesis can be validated or refuted. It gives an insight about cause-and-effect so that the outcomes can be known if some of the favors in the experiment is manipulated.
What is the importance of a city having a diverse local economy with respect to the performance of its housing market? (Select all that
apply.)
O A city with a diverse local economy is likely to suffer a significant economic downturn if its housing market suffers.
O A city with a diverse local economy is well equipped to resist an economic downturn if its housing market suffers.
O A city with a local economy that depends strongly on its housing market is likely to do what it can to sustain that market.
O A city with a local economy that depends strongly on its housing market is likely to suffer economically if that market contracts
Answer:
I would say second and fourth
Answer
The Last Three In your question but A, C, and D in edg
Explanation:
What was Indiana's total government expenditures in fiscal year 2018-2019? (1 point)
O $15.9 billion
O $11.9 billion
O$34.89 billion
O $34.11 billion
Indiana's total government expenditures in the fiscal year 2018-2019 is $34.89 billion. The correct option is C.
Public consumption, public investment, and transfer payments made up of capital transfers and income transfers (pensions, social benefits), collectively referred to as government expenditures, are all included in the definition of goods and services.
Fiscal policy is characterized as the strategy used by the government to carry out various economic policy goals through the use of taxation, public expenditure, and public borrowing.
Thus, the ideal selection is option C.
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