Select two Tourism/Hospitality companies (you need 2 actual companies) and search for samples of recent advertising in English. It could be traditional media like TV or magazines or digital media, social media. You need 3 examples for each company (for a total of 6 examples) and include the images of the ads found in your search. If you do not use Tourism/Hospitality companies mark for the assignment will be "0". (6 Marks-2 marks each)
Identify and describe the strategies used in the ads to overcome the problem of intangibility.
Which company in your view does a better job of overcoming the intangibility of its services an explain why?
How does each company deal with the question of the service quality offered and the risk for the consumer in possibly making a wrong decision in selecting this company?

Answers

Answer 1

Hilton and Airbnb employ strategies such as highlighting experiences, personalization, and leveraging testimonials to overcome the intangibility of their services.

Company 1: Hilton Hotels & Resorts

Strategy 1: Emphasizing Experience: Hilton's ads showcase luxurious hotel amenities, exquisite dining experiences, and breathtaking views to create a sensory experience for potential customers. They highlight the unique features and ambiance of their properties, making the intangible aspects of a hotel stay more tangible and appealing.

Strategy 2: Testimonials and Reviews: Hilton incorporates customer testimonials and positive reviews in their ads to build trust and credibility. By showcasing real guest experiences, they address the intangible nature of their service and provide social proof of their quality.

Company 2: Airbnb

Strategy 1: Personalization: Airbnb's ads focus on the idea of "belonging anywhere" and highlight unique accommodations that cater to individual preferences and interests. By showcasing a diverse range of properties, they address the intangibility of traditional hotels and offer a personalized and authentic experience.

Strategy 2: Local Experiences: Airbnb promotes the idea of immersing oneself in local culture and encourages travelers to explore unique experiences in their destination. By emphasizing the connection with local communities, Airbnb overcomes the intangibility by offering a more immersive and authentic travel experience.

In terms of which company does a better job of overcoming intangibility, it depends on individual preferences and needs. Hilton Hotels & Resorts may appeal more to customers seeking luxurious and consistent hotel experiences, while Airbnb may resonate with travelers seeking unique and personalized accommodations.

Both companies address the issue of service quality by leveraging positive reviews, testimonials, and emphasizing the uniqueness of their offerings. They mitigate the risk for consumers by providing detailed property descriptions, photos, and guest reviews, enabling customers to make informed decisions.

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Related Questions

Which nims management characteristic is necessary for achieving situational awareness?.

Answers

The NIMS Management Characteristic is facilitating information sharing is Integrated Communications.

What are the characteristics of NIMS?

All levels of government are governed under the National Incident Management System (NIMS). Common nomenclature, modular organization, management by objectives, and incident action planning are some of the key traits.

Interoperable communication methods and systems, which include voice and data linkages, are developed and put to use to facilitate integrated communications.

To sustain connectivity, establish situational awareness, and make information sharing easier, integrated communications are required.

As a result, integrated communications is the correct option.

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Which nims management characteristic is necessary for achieving situational awareness?.

Compared to an operating lease, a capital lease will have what effects on operating income (earnings before interest and taxes) and operating cash flows in the first year? a) One will be lower and one will be higher. b) Both will be higher. c) Both will be lower.

Answers

Compared to an operating lease, a capital lease will have different effects on operating income (earnings before interest and taxes) and operating cash flows in the first year. The correct answer is One will be lower and one will be higher.

The correct answer is option a.

Under a capital lease, the lessee recognizes the leased asset and a corresponding lease liability on their balance sheet. In the first year, operating income (EBIT) will be lower with a capital lease because of the depreciation expense associated with the leased asset, whereas under an operating lease, only the lease payment is recognized as an expense.

On the other hand, operating cash flows will be higher with a capital lease in the first year. This is because, under a capital lease, the principal portion of lease payments is considered a financing activity, not an operating activity. As a result, only the interest portion of the lease payment will be included in the operating cash flows, which is generally lower in the first year compared to the full lease payment under an operating lease.

So, with a capital lease, operating income will be lower, while operating cash flows will be higher in the first year.

Therefore, the correct answer is option a.

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A capital lease is a type of lease agreement that is treated like a purchase by the lessee and a sale by the lessor, resulting in the recognition of both an asset and a liability on the lessee's balance sheet.

In contrast, an operating lease is treated like a rental agreement, with the lessee recognizing lease payments as operating expenses.In the first year of a capital lease, the lessee will typically have higher operating income (earnings before interest and taxes) compared to an operating lease. This is because the lessee will recognize depreciation expense for the leased asset, which reduces taxable income and therefore lowers the tax liability. However, the lessee's operating cash flows will be lower in the first year of a capital lease compared to an operating lease, as the lessee is required to make payments that include both interest and principal repayment on the lease liability.In summary, a capital lease will have mixed effects on operating income and operating cash flows in the first year, with operating income being higher but operating cash flows being lower compared to an operating lease.

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Assume you are the COO of Barcelona Restaurants and you realize that you have turned over probably 60% to 70% of management. Assume you believe that you have been hiring people with the correct technical skills to perform well but there have been other issues. For example, you believe that many of the managers have low confidence in their ability to be successful at whatever challenges or tasks they face so this creates a lot of stress and burn out. What might you do to help ameliorate this problem

Answers

.The program can also include regular feedback sessions, mentorship, and access to resources such as coaching and training.

The high turnover of management can be a symptom of a larger issue - the lack of confidence and support among managers. To address this, the COO can develop a managers' confidence and helping them succeed. This program can include workshops and training sessions that provide managers with the tools and skills they need to navigate challenges and make decisions. Additionally, feedback sessions can be part of the program to give managers regular opportunities to discuss their progress and challenges. Mentorship can also be offered to provide managers with guidance and support from experienced leaders.

Finally, the program can give managers access to resources such as coaching and training to help them develop their skills and knowledge. By providing managers with the support and resources they need, the COO can help reduce stress and burnout, and improve retention rates at Barcelona Restaurants.

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Final answer:

To help address the issue of low confidence and burnout among managers at Barcelona Restaurants, some strategies that can be implemented include ongoing training and development, fostering a supportive work culture, and implementing stress management techniques.

Explanation:

To help ameliorate the problem of low confidence and burnout among managers at Barcelona Restaurants, there are several strategies you can implement:

   

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Jenny's Flower Shop wants to expand its operations and is looking for a larger facility. The company can add to the current building or sell the building and lease a larger facility nearby. Other relevant known facts follow: Option 1: It will cost $300,000 to add to the existing capacity but the company will increase revenues by $100,000 per year and will have additional operating expenses due to the increased space

Answers

Jenny's Flower Shop is considering two options to expand its operations and increase its capacity. The first option is to add to the current building at a cost of $300,000. Ultimately, the decision will depend on the financial goals of the company and its ability to handle the additional expenses that come with increasing its facility and capacity.

While this option will increase the company's capacity, it will also lead to additional operating expenses due to the increased space. However, this option will result in an increase in revenue of $100,000 per year. The second option is to sell the current building and lease a larger facility nearby. This option will also increase the company's capacity, but it may come with higher leasing costs.
To address Jenny's Flower Shop's expansion plans, they have two options:
Option 1 involves adding to the existing facility for a cost of $300,000. This would increase the shop's capacity, resulting in an annual revenue increase of $100,000. However, they should also take into account the additional operating expenses due to the increased space when making their decision.

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Use the information below to create a cost spreadsheet for a short-course your development team offered to a small development team on project estimation. The spreadsheet should contain calculations on your company’s projected total costs, total revenues, and total profits. (10) You will charge $600 per person for a two-day class. • You estimate that 30 people will attend the class, but you want to change this input. • Your fixed costs include $500 total to rent a room for both days, setup fees of $400 for registration, and $300 for designing a postcard for advertising. • You will not include your labour costs for this estimate, but you estimate that you will spend at least 150 hours developing materials, managing the project, and giving the actual class. You would like to know what your time is worth given different scenarios. • You will order 5,000 postcards, mail 4,000, and distribute the rest to friends and colleagues. Your variable costs include the following: a. $5 per person for registration plus 4 percent of the class fee per person to handle credit card processing; assume that everyone pays by credit card b. $.40 per postcard for printing if you order 5,000 or more c. $.35 per postcard for mailing and postage d. $25 per person for beverages and lunch e. $30 per person for class handouts Be sure to have input cells for any variables that might change, such as the cost of postage and handouts. Calculate your profits based on each of the following numbers of people who might attend: 10, 20, 30, 40, 50, and 60. In addition, calculate what your time would be worth per hour based on the number of students. Try to use the Excel data table feature to show the profits based on the number of students. If you are unfamiliar with data tables, just repeat the calculations for each possibility of 10, 20, 30, 40, 50, and 60 students. Print your results on one page, highlighting the profits for each scenario and what your time is worth.

Answers

By following these steps, you will have a cost spreadsheet that calculates total costs, total revenues, and total profits based on different numbers of students attending the course. Additionally, you will be able to determine your time worth per hour.

1. Set up the spreadsheet:

  Create a new Excel spreadsheet and label the columns as follows: Number of Students, Class Fee, Registration Cost, Credit Card Processing, Printing Cost, Mailing Cost, Beverage and Lunch Cost, Handout Cost, Total Variable Cost, Total Fixed Cost, Total Cost, Total Revenue, and Profit.

2. Input the fixed costs:

  In the respective cells, enter the fixed costs:

  Room Rental: $500

  Setup Fees: $400

  Designing Postcard: $300

3. Input the variable costs:

  Calculate the variable costs based on the number of students attending. Use the following information:

  Class Fee: $600

  Registration Cost: $5 per person

  Credit Card Processing: 4% of the class fee per person paying by credit card

  Printing Cost: $0.40 per postcard (assuming you order 5,000 or more)

 Mailing Cost: $0.35 per postcard

  Beverage and Lunch Cost: $25 per person

  Handout Cost: $30 per person

4. Calculate the total variable cost:

  Total Variable Cost = (Registration Cost + Credit Card Processing + Printing Cost + Mailing Cost + Beverage and Lunch Cost + Handout Cost) * Number of Students

5. Calculate the total fixed cost:

  Total Fixed Cost = Room Rental + Setup Fees + Designing Postcard

6. Calculate the total cost:

  Total Cost = Total Variable Cost + Total Fixed Cost

7. Calculate the total revenue:

  Total Revenue = Class Fee * Number of Students

8. Calculate the profit:

  Profit = Total Revenue - Total Cost

9. Create a data table:

  Use the Excel data table feature to calculate profits based on the number of students. Enter the number of students as input values and refer to the Profit cell as the result. This will generate the profits for each scenario.

10. Calculate your time worth per hour:

   Determine the number of hours spent developing materials, managing the project, and giving the class. Divide the total cost by the number of hours to get the time worth per hour.

11. Print the results:

   Print the spreadsheet, highlighting the profits for each scenario and the time worth per hour.

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How do management accountants help managers make business decisions?

Answers

Answer:

Relevant costs analysis

Audience targeting

Make or buy evaluations

Define Budgets

Explanation:

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I attached a pic of my question, pls help.

I attached a pic of my question, pls help.

Answers

Farmer raising sheep.

Farmer raising sheep

a(n) phase in a two phase lock is when a transaction releases all locks and cannot obtain a new lock. question 27 options: a) shrinking b) unlocking c) growing d) locking

Answers

The option B, unlocking, In a two-phase locking protocol, a transaction goes through two phases: the growing phase and the shrinking phase.

During the growing phase, the transaction acquires locks on the data items it needs to access. Once the transaction starts releasing locks, it enters the shrinking phase. In the shrinking phase, the transaction can release locks but cannot acquire new locks. This is called the unlocking phase.

In a two-phase lock, the shrinking phase is when a transaction releases all locks and cannot obtain a new lock. This phase follows the growing phase, where a transaction can only obtain new locks but not release them.

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Besides pricing and issues directly related to costs, what are at least two other considerations you would need to think about before marketing a product in multiple countries?
EXPLAIN-

Answers

Answer:

If your business has done well stateside, you may be primed to expand overseas.

Explanation:

I hope it helps.

Which of the following best describes any communication form that sends messages directly to a target market with the anticipation of an immediate or short-term response?
A) direct marketing
B) radio advertising
C) newspaper advertising
D) public relations

Answers

The method that best describes any communication form that sends messages directly to a target market with the anticipation of an immediate or short-term response is option A) direct marketing.

Direct marketing involves sending targeted messages directly to a specific group of people or audience with the purpose of promoting a product or service and eliciting an immediate or short-term response, such as a purchase or a request for more information. Direct marketing methods may include direct mail, email marketing, telemarketing, text messaging, and targeted social media ads, among others.

Direct marketing is a highly effective way of reaching a specific target market, as it allows businesses to communicate directly with their intended audience and tailor their messages to their specific needs and interests. Direct marketing campaigns can also be tracked and measured, making it easier for businesses to assess the effectiveness of their efforts and make improvements where necessary.

In conclusion, when a company wants to communicate directly with its target market and elicit an immediate or short-term response, direct marketing is the most suitable communication form to achieve this goal.

Thus, option A is the correct answer.

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help me please

A _____ is when the government may provide money to banks that are having troubke in order to help them recover.

A. rescue

B. bail-out

C. takeover

D. investment

Answers

Answer:

 The correct answer is B. Bail-out.

Explanation:

When will the Mini Toolbar appear?

when you type text
when you press the Delete key
when you select text
when you first open a file

Answers

Answer:

It is C on edge 2021

Explanation:

Answer:

(c) when you select text

Explanation:

The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.

which of these is one of the two goals to product development?
1 insurance
2 improvement
3 sales
4 quantity

Answers

Option 2, is one of the important goals in product development, because it represents the fundamental aim of the production of a particular good, since the better the good, the higher the demand, thereby increasing sales.

What are sales?

Sales refers to a transaction between two or more parties that involves the exchange of  goods which could either be tangible or not, rendering of services,  for money. Cash is either paid to a seller, or an asset can be given.

in essence, sales is represents a contract between a seller of a particular good or service and a buyer who is in need of the good or service, and is willing to pay for that good or service.

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1. What is the savings in a bank referred to as? (1 point)
A. A pile of money under your mattress
B. A real estate property
C. A luxury car
D. An interest bearing savings account

Answers

D an interest bearing savings account

Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?​

Answers

Answer:

200 i think sorry if im wrong

Explanation:

U.S. businesses with just a single owner and no staff account for more than $990 billion in annual sales
a. True
B. False

Answers

Answer:

It is true I believe ...

Answer:

Its true

Explanation:

A qualitative characteristic that may impact upon capital investment analysis is market opportunities. True False

Answers

The qualitative characteristic that may impact upon capital investment analysis is market opportunities. Therefore, it's true.

What is capital investment?

It should be noted that capital investment simply means the acquisition of assets to attain long terms goals of a company.

In this case, qualitative characteristic that may impact upon capital investment analysis is market opportunities.

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Why is it important that an auditor should have CA (SA) qualification

Answers

Auditors must have extensive accounting knowledge and practical experience. A Chartered Accountant (CA) is a professional who has completed the required academic qualifications, experience, and practical training to qualify as an auditor and become a member of their country's Institute of Chartered Accountants (ICA).

It is critical that an auditor has a CA (SA) qualification for the following reasons:1. The standard of a CA (SA) qualification is known to be very high, and it requires significant time, dedication, and effort to complete. A candidate must complete a four-year degree, complete practical training, pass several board examinations, and complete a certain number of hours of practical work experience to obtain the CA (SA) qualification.2. The CA (SA) qualification has a strong reputation for professionalism, and its members must adhere to strict ethical standards.

As a result, the qualification is well-respected in the accounting and auditing professions, both nationally and internationally.3. The South African Institute of Chartered Accountants (SAICA) provides auditors who have the CA (SA) qualification with continuous professional development, updates on regulatory changes, and other valuable information. This means that auditors are kept up-to-date on new developments and the latest trends in the industry.4. The CA (SA) qualification provides auditors with a thorough understanding of accounting principles and financial reporting requirements.

This knowledge is critical when it comes to auditing financial statements because it allows the auditor to identify any discrepancies or irregularities.5. In South Africa, the Companies Act requires that audits of financial statements must be conducted by a registered auditor who has the CA (SA) qualification. The purpose of this is to ensure that only qualified and competent auditors are responsible for the audit of financial statements.

The CA (SA) qualification is highly regarded, and it provides auditors with extensive knowledge, practical experience, and ethical standards. As a result, it is critical that an auditor has this qualification.

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Activity 3
Calculate Profit

Activity 3Calculate Profit

Answers

Answer: See explanation

Explanation:

Profit is calculated as:

= Selling price - Cost price

1. Selling price = 1353

Cost price = 1230

Profit = Selling price - Cost price

= 1353 - 1230

= 123

2. Selling price = 1350

Cost price = 900

Profit = Selling price - Cost price

= 1350 - 900

= 450

3. Selling price = 1500

Cost price = 1200

Profit = Selling price - Cost price

= 1500 - 1200

= 300

4. Selling price = 2960

Cost price = 850

Profit = Selling price - Cost price

= 2960 - 850

= 2110

explain external economics and external diseconomics​

Answers

Answer:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .

Explanation:

Thaats whaaat upp

Explanation:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity, there is an external diseconomy. If the benefits of an activity exceed its marginal cost, there is an external economy.

Consider the following version of a trust game with two players, a firm and a worker. They are both risk neutral. The worker moves first. He can ACQUIRE skills that are specific to the firm that he works with (e.g develop a relationship with a customer) at a cost C>0 or choose to NOT ACQUIRE skills. These are skills that are only valuable to the firm and not to outside employers. The firm after observing a worker's skill choice must decide on whether to PAY the worker, B>C(B is assumed to be a parameter here) or NOT PAY the worker. If skills are acquired the firm gets an output of y>B, otherwise the firm gets an output of 0 . (a) Suppose this game is played only once. What is the Nash Equilibrium? (5 marks) (b) Now suppose the stage game above is played repeatedly for an infinite number of periods. Assume that the player's payoffs in this repeated game are the discounted sum of payoffs in each period and denote the interest rate by r. Using grim trigger strategies, find conditions under which the cooperative outcome, where the worker acquires skills and the firm pays the worker if and only if skills are acquired, is a Nash Equilibrium of the repeated game

Answers

Nash Equilibrium: If the game is played once, it must have a Nash Equilibrium (NE). For the worker, it is better to ACQUIRE skills because the expected payoff of doing so is y-B-C (where y is the output of the firm).

If the worker does not ACQUIRE skills, he will receive zero (0) from the firm because the output of the firm is zero in that case. For the firm, it is better to PAY the worker if he has ACQUIRED skills because the output y is greater than C+B. If the worker has NOT ACQUIRED skills, then the firm gets zero and does not need to pay anything. Therefore, the Nash Equilibrium is for the worker to ACQUIRE skills and for the firm to PAY the worker if he has ACQUIRED skills.

Nash Equilibrium: The cooperative outcome, where the worker acquires skills and the firm pays the worker if and only if skills are acquired, can be sustained as a Nash Equilibrium using grim trigger strategies if the following conditions hold: the discount factor is sufficiently high; and the punishment for deviation  is sufficiently severe.

If these conditions are met, then both players have an incentive to cooperate, as cooperation leads to the highest possible total payoff. Therefore, the cooperative outcome is a Nash Equilibrium of the repeated game.

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Suppose the price of a TV is $600 and there are two consumers in the TV market. Joe is willing to pay $700, and Isaac is willing to pay $550. How much consumer surplus exists in this market

Answers

If Joe is willing to pay $700, and Isaac is willing to pay $550. The consumer surplus that  exists in this market is: $100.

Consumer surplus

Using this formula

Consumer surplus=Amount Joe is willing to pay-Price of TV

Let plug in the formula

Consumer surplus=$700-$600

Consumer surplus=$100

Therefore the consumer surplus that  exists in this market is: $100.

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_____ encompasses loyalty and a deep concern for an organization's welfare.

Answers

Affective commitment encompasses loyalty and a deep concern for an organization's welfare.

Affective commitment refers to a psychological attachment and emotional connection an individual develops towards an organization. It goes beyond mere job satisfaction and encompasses loyalty and a deep concern for the organization's welfare. Employees with high affective commitment feel a strong sense of belonging and identification with the organization's values, goals, and mission.

They are genuinely dedicated and willing to invest their time, effort, and energy to contribute to the organization's success. Affective commitment is driven by positive emotions, trust, and a belief in the organization's purpose, fostering long-term engagement, dedication, and a desire to support the organization through thick and thin.

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Your Assignment, Part III
As the final part of this assignment, you will apply your understanding of tort law to scenarios in which a business is the defendant (or defendant tort-feasor). For each scenario, describe the specific type of tort case being brought against the defendant. Then, explain what the defendant will need to prove in order to get a ruling in their favor. Finally, describe the penalty that may be assigned to the defendant if the court rules against them.

1. Mr. Shanks goes to Hyperion Hospital to have a diseased kidney removed. After the surgery, he finds that his symptoms come back and grow even worse. When he returns to the hospital to find out what is happening, the hospital staff discovers that the surgeon removed Mr. Shanks’ healthy kidney instead of the diseased one.

a. What specific type of tort case against the business would this be? Explain.









b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.

















c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?









2. Two energy drink companies, Red Hornet and Blackout, have been competing with each other for years. In Blackout’s latest ad campaign, they have Red Hornet’s cartoon mascot making disparaging comments about its own product. Blackout’s ad also includes false claims that Red Hornet uses ingredients grown using slave labor. After the ad campaign runs, Red Hornet notices a drop in its energy drink sales.

a. What specific type of tort case against the business would this be? Explain.









b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.

















c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?









3. Larissa works at Opalescent, a high-end jewelry store. A customer comes in on a very busy day and complains about how long it takes for anyone to assist him. Larissa apologies, but the customer continues to complain. The customer, a very large man, soon begins insulting her personally and threatening her with violence. Larissa hits him with pepper spray, incapacitating him.


a. What specific type of tort case against the business would this be? Explain.









b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.

















c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?

Please Help:)

Answers

Answer:

ok

Explanation:

TAIWANS SUCCESS STORY
Taiwan is one of the four East Asian "tigers," or "mini-dragons," whose dramatic economic
successes of recent decades, along with South Korea, Singapore, and Hong Kong, have influenced the way
economists think about development. With a population of about 22 million, Taiwan is a mountainous,
14,000-square-mile island off the coast of China. Taiwan's claim to its status as a "development miracle"
is as strong as that of any other economy in the world. The island racked up a measured annual economic
growth rate averaging close to 8% over more than four decades. Taiwan grew nearly 10% annually in the
widely used benchmark 1965-80 periods, higher than any other reported figure. Despite its now high-
income status, with a per capita income of $13,925 in 2000 at market exchange rates ($22,646 in 2000, at
PPP), Taiwan continued to grow, at a rapid rate of 5.7% on average over the 1996-2000 period. However,
growth in various countries has occasionally reached rates as high as 14%, and in some regions as high as
25% or more, Taiwan's average growth performance is the highest ever recorded over such a long stretch
of time. In the postwar period, Taiwan has grown from an impoverished annual per capita income of just
$100, to the prosperous society it is today. At least as important, Taiwan has achieved universal
elementary and middle school education (nine years are mandatory), a healthy population with a life
expectancy of 75 years, and an infant mortality rate of only five per thousand. Absolute poverty has been
essentially eliminated, there is very little unemployment, and relative inequality is modest even by
developed country standards.
Although not yet really a fully developed economy and society, Taiwan has had to adjust to some
of the changes that face economies that have reached the threshold of high-income status. There has
been "hollowing out" of basic manufacturing, as plants have moved to mainland China in search of lower-
wage labor. Production that has remained has been forced to rapidly shift to high-tech products and
processes, in the face of rising competition in basic industries from other developing countries. There has
been continued uncertainty about the island’s political future, given poor relations with China, which
continues to view Taiwan as a renegade province, but so far the society has adapted. It has also
transformed itself into a credibly and competitively democratic polity, with far less corruption and lack of
government transparency than either its neighbours’ or than some of its own history. Taiwan thus seems
to have achieved almost everything we look for in development. This achievement is in dramatic contrast
to many other economies.
Paradoxically, but as is often the case in development studies, the problem is not that we have
too few explanations for success or failure, but too many. Taiwan's success in particular has been ascribed
to many factors. Here are 14 of the major ones: 1) emphasis on education; 2) extensive infrastructure
development; 3) early and thorough land reform; 4) very high rates of savings and investment; 5) a mixture
of constructive foreign influences and diffusion of commercial ideas from Japan and the United States; 6)
effective government industrial planning; 7)the free market's release of human energies and creativity; 8)
the 1960s Vietnam War boom; 9)direct American aid—and Taiwan's use of that aid for investment rather
than consumption; 10) the work ethic and productive attitudes of the labor force; 11) a long history as an
entrepreneurial culture; 12) the initiation of an export-led growth strategy in the midst of the rapidly
expanding world economy of the early 1960s; 13) the movement into entrepreneurship of capable local

Answers

Taiwan's Success Story Taiwan is an East Asian "tiger" and "mini-dragon" that has a strong claim to its status as a "development miracle." It is a mountainous, 14,000-square-mile island off the coast of China with a population of about 22 million. The island racked up a measured annual economic growth rate averaging close to 8% over more than four decades.

Taiwan grew nearly 10% annually in the widely used benchmark 1965-80 periods, higher than any other reported figure. Although not yet a fully developed economy and society, Taiwan has achieved almost everything we look for in development. Here are 14 of the major factors that contributed to Taiwan's success: emphasis on education, extensive infrastructure development, early and thorough land reform, high rates of savings and investment, constructive foreign influences and diffusion of commercial ideas from Japan and the United States, effective government industrial planning, the free market's release of human energies and creativity, the 1960s Vietnam War boom, direct American aid, the work ethic and productive attitudes of the labor force, a long history as an entrepreneurial culture, the initiation of an export-led growth strategy, the movement into entrepreneurship of capable local businesspeople. Despite its high-income status, Taiwan continued to grow at a rapid rate of 5.7% on average over the 1996-2000 period. Taiwan has also achieved universal elementary and middle school education, a healthy population with a life expectancy of 75 years, and an infant mortality rate of only five per thousand. Absolute poverty has been essentially eliminated, there is very little unemployment, and relative inequality is modest even by developed country standards.

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Which of the following describes an activity that reduces a company's bank account balance?

a) A debit entry
b) A debit memo
c) A credit memo
d) A reconciling entry

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Option a) A debit entry describes an activity that reduces a company's bank account balance.

A debit entry is an accounting transaction that represents an amount of money being removed or deducted from a bank account. When a debit entry is made, it results in a decrease in the company's bank account balance. In contrast, a credit entry (option c) represents an amount of money being added to a bank account, which would increase the balance.

Options b) and d) refer to specific types of entries but do not necessarily indicate a decrease in the bank account balance. A debit memo (option b) typically relates to a reduction in funds due to fees, penalties, or returned checks, but it may or may not directly impact the bank account balance. A reconciling entry (option d) is used to correct discrepancies between the company's records and the bank statement but does not inherently imply a decrease in the bank account balance.

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Why has succession planning for organizations become so critical over the past few years? a. Due to the increasing number of baby boomer retirements b. Due to the decrease in the availability of qualified candidates c. Due to the need for diversity and inclusion in leadership roles d. Due to changes in the global economy and workforce

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Due to the increasing number of baby boomer retirements has succession planning for organizations become so critical over the past few year. The correct answer is: OPTION a.

Succession planning for organizations has become critical over the past few years primarily due to the increasing number of baby boomer retirements. The baby boomer generation, born between 1946 and 1964, represents a significant portion of the workforce in many countries. As this generation reaches retirement age, a large number of experienced and knowledgeable employees are leaving the workforce, creating a significant talent gap.

Succession planning involves identifying and developing potential future leaders within an organization to ensure a smooth transition of leadership positions when key individuals retire or leave the organization. With the retirement of baby boomers, organizations are facing the challenge of replacing their experienced leaders and ensuring continuity in leadership roles.

While the other options may also contribute to the importance of succession planning to some extent, the primary driver in recent years has been the retirement of the baby boomer generation. The decrease in the availability of qualified candidates (option b) and the need for diversity and inclusion in leadership roles (option c) can certainly be factors affecting succession planning.

Additionally, changes in the global economy and workforce (option d) may impact the skills and competencies required in future leaders, further emphasizing the need for effective succession planning. However, the retirement of baby boomers remains the most prominent reason for the increased focus on succession planning.

The correct answer is option a.

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Why is it important for o evaluate your advertising campaign when it is complete?

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Answer:

A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.

Explanation:

The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.

how should you protect a printed classified document when it is not in use

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Classified information can be stored in a locked security container when they're not in use.

Classified information refers to the material that contains sensitive information and is protected by the government.

Classified information is the information that is protected against unauthorized disclosure.

In order to keep printed classified information, they can be stored in a locked security container when they're not in use. This is essential in order to prevent unauthorized access to the information.

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(HELP) Which details apply to a financing contract? Check all that apply.


A. requires a credit check

B. are always less expensive than using a credit card

C. includes interest rate information

D. requires a signature for rent-to-own agreements

E. can be broken at any time

Answers

c includes interest rate and
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