there is generally more profit in the sale of banquet meals served during a social function than in the sale of a la carte items sold to members in the dining room, off the menu. group of answer choices true false

Answers

Answer 1

There is generally more profit in the sale of banquet meals served during a social function than in the sale of a la carte items sold to members in the dining room, off the menu.

The given statement is  true.

What do you mean by profit?

The cost of products sold is subtracted from revenue to calculate gross profit, also known as gross income. In general, fixed costs are not taken into account when calculating gross profit; only variable costs are. Gross profit measures how well a business uses its work force and resources to produce goods and services.Profit is the amount of money that is left over after all expenses, debts, and other costs have been taken into consideration. The amount of money a product makes less what it costs to create, market, and support it is what is referred to as product profitability. Profit is sometimes referred to in business as the bottom line.

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Related Questions

Identification is one of the concepts involved in determining the rights and liabilities of parti es to a sales contract. a. True b. False

Answers

The statement is false because identification is not a concept involved in determining the rights and liabilities of parties to a sales contract. Option A is correct.

Identification is a concept that is involved in the transfer of ownership of goods under a sales contract. Identification refers to the point in time when the goods become the property of the buyer and the seller's interest in the goods comes to an end.

The determination of rights and liabilities of parties to a sales contract involves other legal concepts, such as offer and acceptance, consideration, capacity to contract, and the warranties provided by the seller.

These concepts define the obligations of each party to the contract, including the seller's obligation to deliver conforming goods, and the buyer's obligation to accept and pay for those goods.

Therefore, option A is correct.

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In a queueing system, customers arrive once every 6 seconds (standard deviation = 5) and services take 5 seconds (standard deviation = 4).
(Do not round intermediate calculations. Round your answer to three decimal places.) What is the average time a customer will spend in the queue (in seconds)? ______ seconds

Answers

The average time a customer will spend in the queue (in seconds) 102.199 seconds

To find the average time a customer will spend in the queue, we can use the formula for the average waiting time in a queueing system: Wq = (ρ × σ²) / (2 × (1 - ρ)), where Wq is the average waiting time, ρ is the utilization rate, and σ² is the sum of the variances of the interarrival and service times. First, let's calculate the utilization rate (ρ) by dividing the average service time by the average interarrival time: ρ = (5 seconds) / (6 seconds) = 0.833. Next, let's calculate the sum of the variances: σ² = (5²) + (4²) = 25 + 16 = 41. Now, we can calculate the average waiting time in the queue (Wq): Wq = (0.833 × 41) / (2 × (1 - 0.833)) = 34.133 / (2 × 0.167) ≈ 102.199 seconds. Therefore, the average time a customer will spend in the queue is approximately 102.199 seconds.

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The average time a customer will spend in the queue is approximately 4320.289 seconds.

To calculate the average time a customer will spend in the queue, we need to use the Little's Law formula:

L = λW

where L is the average number of customers in the system (queue + service), λ is the arrival rate of customers, and W is the average time a customer spends in the system.

We know that λ = 1/6 (customers arrive once every 6 seconds) and W is what we need to find. To find L, we need to use the formula:

L = λ^2 *\((σs^2 + W^2)\) / (2 * μs * (1 - ρ))

where σs is the standard deviation of service time, μs is the mean service time, and ρ is the utilization factor (which is equal to λ * μs).

We know that σs = 4, μs = 5, and ρ = λ * μs = 1/6 * 5 = 5/6. Plugging in these values, we get:

L =\((1/6)^2 * (4^2 + W^2)\) / (2 * 5 * (1 - 5/6))

L = 1/720 *\((16 + W^2)\)/ (1/2)

L = \((16 + W^2)\) / 1440

Since the system is stable (i.e., the arrival rate is less than the service rate), L must be less than infinity. This implies that the utilization factor ρ must be less than 1. Solving for W, we get:

W = L / λ =\((16 + W^2)\)/ (1440 * λ)

Substituting the value of λ, we get:

W =\((16 + W^2)\) / 8640

Multiplying both sides by 8640, we get:

8640W =\(16 + W^2\)

Rearranging, we get:

W^2 - 8640W + 16 = 0

Using the quadratic formula, we get:

W = (8640 ± sqrt(8640^2 - 4 * 1 * 16)) / (2 * 1)

W = (8640 ± sqrt(74695696)) / 2

W = (8640 ± 8640.578) / 2

W = 4320.289 or W = 4319.711

Since W represents the time a customer spends in the queue, we can discard the negative value and round the positive value to three decimal places:

W = 4320.289 seconds.

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The average time a customer will spend in the queue (in seconds) 102.199 seconds

To find the average time a customer will spend in the queue, we can use the formula for the average waiting time in a queueing system: Wq = (ρ × σ²) / (2 × (1 - ρ)), where Wq is the average waiting time, ρ is the utilization rate, and σ² is the sum of the variances of the interarrival and service times. First, let's calculate the utilization rate (ρ) by dividing the average service time by the average interarrival time: ρ = (5 seconds) / (6 seconds) = 0.833. Next, let's calculate the sum of the variances: σ² = (5²) + (4²) = 25 + 16 = 41. Now, we can calculate the average waiting time in the queue (Wq): Wq = (0.833 × 41) / (2 × (1 - 0.833)) = 34.133 / (2 × 0.167) ≈ 102.199 seconds. Therefore, the average time a customer will spend in the queue is approximately 102.199 seconds.

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The average time a customer will spend in the queue is approximately 4320.289 seconds.

To calculate the average time a customer will spend in the queue, we need to use the Little's Law formula:

L = λW

where L is the average number of customers in the system (queue + service), λ is the arrival rate of customers, and W is the average time a customer spends in the system.

We know that λ = 1/6 (customers arrive once every 6 seconds) and W is what we need to find. To find L, we need to use the formula:

L = λ^2 *\((σs^2 + W^2)\) / (2 * μs * (1 - ρ))

where σs is the standard deviation of service time, μs is the mean service time, and ρ is the utilization factor (which is equal to λ * μs).

We know that σs = 4, μs = 5, and ρ = λ * μs = 1/6 * 5 = 5/6. Plugging in these values, we get:

L =\((1/6)^2 * (4^2 + W^2)\) / (2 * 5 * (1 - 5/6))

L = 1/720 *\((16 + W^2)\)/ (1/2)

L = \((16 + W^2)\) / 1440

Since the system is stable (i.e., the arrival rate is less than the service rate), L must be less than infinity. This implies that the utilization factor ρ must be less than 1. Solving for W, we get:

W = L / λ =\((16 + W^2)\)/ (1440 * λ)

Substituting the value of λ, we get:

W =\((16 + W^2)\) / 8640

Multiplying both sides by 8640, we get:

8640W =\(16 + W^2\)

Rearranging, we get:

W^2 - 8640W + 16 = 0

Using the quadratic formula, we get:

W = (8640 ± sqrt(8640^2 - 4 * 1 * 16)) / (2 * 1)

W = (8640 ± sqrt(74695696)) / 2

W = (8640 ± 8640.578) / 2

W = 4320.289 or W = 4319.711

Since W represents the time a customer spends in the queue, we can discard the negative value and round the positive value to three decimal places:

W = 4320.289 seconds.

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Ashani has just graduated from college and is taking a year off to travel before starting her career search. She decides to go to Europe and then use the railroad system to travel from country to country and city to city. She likely chose this mode of transportation because

it allows for a lot of flexibility at an affordable price
is safer than flying from city to city
offers the most luxurious travel option
won't require a passport or security checks

Answers

Answer:

its B, the other answer aren't  reasonable

Explanation:

The planning, direction, and control of personal selling activities, including recruiting, selecting, training, motivating, compensating, and evaluating, as they apply to the sales force is known as?.

Answers

The plan-ning, direction, and control of per-sonal selling activities, including recruit-ing, selecting, training, motivating, compen-sating, and evaluating, as they apply to the sales force is kno-wn as sales manage-ment.

Sales manage-ment is defined as the plan-ning, direction, and control of personal sell-ing including recruiting, select-ing, equipping, assign-ing, routing, supervising, paying, and moti-vating as these tasks apply to personal sales fo-rce.

Sales manage-ment originally referred exclu-sively to the direct-ion of the sales force. Later the term took on broa-der signifi-cance in addition to the manage-ment of personal selling. Sales manage-ment spe­cifically contri-butes to achieve the market-ing object-ives of a firm. In fact, sales man-agers set their personal sell-ing objectives and formulate the pers-onal selling policies and strat-egies.

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Product differentiation refers to: consumers who sort and group goods based on similar characteristics. firms who offer similar products to their competitors' products, but that are more attractive in some way. the process of informing the public of differences in products as a result of error. the process of creating a standardized product with a lower-cost method than the competitors' method.

Answers

Answer:

firms who offer similar products to their competitors' products, but that are more attractive in some way

Explanation:

Product differentiation is marketing strategy where a firm makes its different from that of its competitors in order to make the product more attractive to consumers

Moonglow Specialties, Inc., is currently trading at $20 per share. Recently, the company reported net income of $1 million. The company is capitalized with 200,000 common shares and $5 million of 20-year debentures with a coupon of 4%. Given the data, Moonglow's price-to-earnings (P/E) ratio is closest to

Answers

Answer:

P/E ratio = 4

Explanation:

the price to earnings ratio formula:

P/E ratio = stock's market price / earnings per share

earnings per share (EPS) = (net income - preferred dividends) / average outstanding shares

net income = $1,000,000

preferred dividends = $0

average outstanding shares = 200,000

EPS = $1,000,000 / 200,000 = $5

P/E ratio = $20 / $5 = 4

1. question 1 in row 1 of the following spreadsheet, the words rank, name, population, and county are called what?

Answers

On the row 1 of the spreadsheet, the words rank, name, population and county are called attribute on the application. The Option C is correct.

What is an attribute in a spreadsheet?

An excel rules file can also be used to create attributes. This method is only suitable for variables that are used in a single rule document.

In Policy Modeling, attributes are typically defined in a properties file. This enables the attribute to be added only once and used in all rule documents. This also allows you to define the attribute's public names, validation, and other properties. While writing the rules, attributes can be added to an existing properties file from within Word.

Missing options "Descriptors. Characteristics. Attributes."

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does wealth make you happy? Yes, No - explain the reason for your response

Answers

Answer:

yes it makes.although it doesn't buy love and affection. it fulfills our need which makes us happy.

.Un capital de$ 8.000.000 a un interés de 4% en 6 meses

.Un Capital de $20.000.000 a un interés del 7% en un año

.Un capital de $3.000.000 a un interés del 5% en 8 meses
Usted obtiene un préstamo de $5.000.000 para pagar en 6 meses con
un interés del 4% mensual. Cuanto debe cancelar al finalizar el plazo?
(Capital más intereses)

Answers

Answer:I don’t know

Explanation: I don’t know

Answer:

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Explanation:

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higher risk and lack of flexibility are drawbacks of -scale (large or small?) entry into a foreign market.

Answers

The drawbacks of scale entry into a foreign market include higher risk and lack of flexibility.

Scale entry refers to entering a foreign market with a significant investment and a substantial presence, either through large-scale operations or establishing a sizable footprint. While scale entry offers potential benefits, such as capturing a significant market share, it also carries certain drawbacks.

One drawback is the higher risk associated with scale entry. Large investments and commitments increase exposure to market uncertainties, including economic fluctuations, regulatory changes, and political risks. If market conditions turn unfavorable, the magnitude of the investment may lead to significant financial losses.

Another drawback is the lack of flexibility that comes with scale entry. Large-scale operations often require extensive infrastructure, resources, and long-term commitments. This reduces the ability to quickly adapt to market changes or adjust strategies in response to evolving customer needs or competitive pressures. Flexibility and agility become limited due to the substantial investment and organizational structures involved.

To mitigate these drawbacks, companies may consider alternative entry strategies, such as gradual market entry, partnerships, or joint ventures, which offer more flexibility and lower risk. These strategies allow companies to test the market, assess risks, and adjust their approach accordingly.

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Question number 1) at millions of dollars per ad, the super bowl is by far the most expensive television media program. the video suggests that this high expense can be well worth it for companies because __________________________.

Answers

Answer:

Why has my town experienced record-breaking cold and snowfall if the climate is warming? Is there scientific consensus that people are causing today's climate change? Do natural variations in climate contribute to today's climate change?

In providing ____,the government establishes and enforces the laws necessary for a market economy to function

Answers

Answer:

I think that's regulations

What category of the Thomas-Kilmann Conflict Mode Instrument involves giving in to the customer at the expense of the organization, even if the situation does not truly call for it?
collaboration

accommodation

compromise

competition

Answers

Answer:

collaboration

Explanation:

The Thomas-Kilmann Instrument is designed to measure a person's behavior in conflict situations. “Conflict situations” are those in which the concerns of two people appear to be incompatible

plz mark as brainliest

Answer:

collaboration.

Explanation:

The word collaboration is so overused and overhyped it’s becoming meaningless.  Even with the launch of intranet software, video technology, and other collaborative tools, some people still suffer from, and complain about, poor collaboration.This forced us to contemplate the true nature of collaboration and explore its many dimensions. The journey resulted in a simple, useful definition for collaboration, and arriving on an important conclusion: Collaboration is a deeply human activity, and no tool on its own can solve the problem of poor collaboration.This conclusion may seem obvious , but many people believe that “if you build it, they will come”. It took a lot of failure and organizational development theory to discover how organizational culture and managerial practices can either nurture or hinder good collaboration

A firm issued $15 million in preferred stock at a price of $3.25 per share. The preferred shares carry a 13% dividend, or $0.43 annually. After paying fees and costs, the firm realizes $2.89 per share issued. What is the cost of capital for this issuance of preferred stock?

Answers

Answer:

14.8%

Explanation:

Cost of capital for preferred stock can be calculated by a simple formula

Formula: Cost of preferred capital = dividend/(Current price - floatation cost)

As you can see in the question data current price - floatation cost and dividend is already given as $2.89 and $0.43 respectively. We just need to put values in formula.

Cost of preferred capital = $0.43/$2.89 x 100

Cost of preferred capital = 14.8%

A rising GDP and a falling unemployment rate are most likely indicators that an economy is in which phase of the business cycle?

answer: expansion

Answers

A rising GDP and a falling unemployment rate are most likely indicators that an economy is in the expansion phase of the business cycle.

During the expansion phase, the economy experiences an increase in economic activity and employment opportunities, resulting in a rise in GDP and a decline in unemployment rate. This phase is typically characterized by increased consumer and business spending, rising stock prices, and increasing confidence in the economy. The expansion phase is usually followed by the peak, recession, and trough phases in the business cycle.

The business cycle refers to the fluctuation of economic activity in an economy over time. It is typically characterized by alternating periods of expansion and contraction, with the peak, recession, and trough phases in between. Various factors contribute to the business cycle, including consumer spending, business investment, and government policies.

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1. when consider the benefits from trade, what should you include to consider for importing country, exporting country, and both sides? g

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When considering the benefits from trade, you should include various factors that affect the importing country, exporting country, and both sides.

Trade can bring benefits such as increased economic growth, job opportunities, and access to a wider range of goods and services. The benefits could include increased sales and revenue, which can contribute to economic growth and job creation. Trade can also provide access to foreign markets, which can diversify the economy and reduce dependence on domestic markets.

Trade can lead to increased efficiency and specialization, which can result in lower costs and increased productivity. It can also lead to increased cultural exchange and cooperation, which can foster diplomatic relations and peaceful cooperation between countries.

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Which policy highlight would discuss how to approach an employer if you need to change a scheduled interview?.

Answers

The policy highlight that would address how to approach an employer if a scheduled interview needs to be changed is: The Public highlight.

What is a Public highlight?

A public highlight is an unwritten social laws institutionalized to solve unplanned problems. These policies serve as guide when implementing programs or actions created by an organization.

So for a planned interview to suddenly change, a public policy highlight would be most appropriate to implement. It gives room for an unforeseen event.

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If a new car is valued at $21,300 and 7 years later it is valued at $8000, then what is the average rate of change of its value during those 7 years?

Answers

The average rate of change of the car's value over the 7-year period can be calculated by finding the difference in value and dividing it by the time elapsed. In this case, the initial value of the car is $21,300 and its value after 7 years is $8,000.

To calculate the average rate of change, we subtract the initial value from the final value: $8,000 - $21,300 = -$13,300. The negative sign indicates a decrease in value.

Next, we divide the difference in value by the time elapsed, which is 7 years: -$13,300 / 7 = -$1,900 per year.

Therefore, the average rate of change of the car's value over the 7-year period is -$1,900 per year, indicating a depreciation in value of $1,900 per year on average.

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The dimensions of fit include all of the following except ________. a. personorganization b. personsupervisor c. personvalues d. persongroup e. personjob

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The dimensions of fit include all of the following except  person-values.

What is dimensions?

A line has a dimension of one (1D) because only one coordinate is required to identify a point on it, for example, the point at 5 on a number line. This definition of dimension in physics and mathematics refers to the smallest number of coordinates required to specify any point within the object. Because two coordinates are necessary to identify a point on a surface, such as the perimeter of a sphere or cylinder, it is referred to as having a dimension of two (2D). For instance, a point on the surface of a sphere requires both a latitude and a longitude to be located. A two-dimensional space on the plane is referred to as a Euclidean space. the inside of a cylinder, cube, or Because three coordinates are required to pinpoint a point inside these areas, a sphere is three-dimensional (3D).

Absolute space and time are referred to as separate concepts in classical mechanics. However, it is not the four-dimensional space that was thought to be required to adequately represent electromagnetism. Events in the four dimensions (4D) of spacetime are defined relative to an observer's motion rather than being absolutely defined in terms of space and time. While the pseudo-Riemannian manifolds of general relativity explain spacetime with matter and gravity, Minkowski space initially approximates the cosmos without gravity. Supergravity and M-theory can be described in 11 dimensions (7D hyperspace + 4D), and superstring theory can be described in 10 dimensions (6D hyperspace + 4D). a function space with infinite dimensions in quantum physics.

Dimension is a notion that is not exclusive to physical items. Both mathematics and the sciences regularly use high-dimensional spaces. They might be configuration spaces or parameter spaces, such in Lagrangian or Hamiltonian mechanics; they are abstract spaces, apart from the real-world environment in which humans live.

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A stock dividend causes a stockholder's percentage ownership in a company to ______. Multiple choice question. remain the same decrease increase

Answers

The stock dividend causes the stockholder's percentage ownership in a company to remain the same.

Basically, the stock dividend refers to the amount paid as part of profit distribution to the shareholders of a corporation.

Stock dividend are paid to stockholders who hold a unit of share with the corporation.

The stock dividend does not affect the percentage of ownership in the firm because it is paid directly to the stockholders

Therefore, the Option B is correct.

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4. Based on the information you used to create your schedule and curve, which product would you recommend the Shoe Hut focus on, and why? Provide details that support your answer.

Answers

Based on the information you used to create your schedule and curve, the product would you recommend that Shoe Hut focuses on is :

The shoe hut should be conscious more of going for walk shoes rather than trekking boots which are produced by means of the Shoe Hut as it is clearly evident from the tabular and the photograph representation thru the charts given under.

The image with tabular representation needs to focus more on going for walks footwear as it produces five additional devices in comparison to creating just 10 pairs of trainers with comparable entry charges.

The strolling footwear entices extra sales as they may be more required by way of the public and hiking boots are more the wishes of folks who pass on treks that could also take place not greater than a few times a yr.

Better sales generate better revenues for the enterprise as strolling shoes can then be bought for low-income margins and are a part of speedy moving finished inventories and are cheaply produced.

Hiking boots are made of high margin as they'll compensate with decreased revenues as they're a gradual stock and top-rate footwear now not required by the general public.

Subsequently, Shoe Hut will produce extra running shoes as they may also entice extra income and will result in better sales regardless of low-income margins.

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determine how your company got its initial financial start in terms of debt (liabilities) or equity (capital). support your response

Answers

Determining the initial financial start of a company in terms of debt and equity depends on a variety of factors, including the type of business, the amount of capital needed, and the company's risk tolerance.

Some companies might choose to rely primarily on debt financing, while others might choose to raise capital through equity financing. In some cases, companies might use a combination of both debt and equity financing to get their initial financial start.

Debt and equity are two sources of financing that companies can use to raise capital and start their business. In this answer, we'll explain what these terms mean and how a company might use either debt or equity to get its initial financial start.

Debt is a type of financing that involves borrowing money from a lender, such as a bank or other financial institution. The company is required to repay the borrowed funds, along with any interest and fees, over a set period of time. Debt financing is attractive to many companies because it allows them to raise capital without giving up any ownership in the company. However, debt financing also comes with certain risks and responsibilities, including the need to make regular payments to the lender and the possibility of default if the company is unable to repay the debt.Equity financing, on the other hand, involves selling ownership in the company in exchange for capital. This can be done through the sale of stock or other securities, and the funds raised can be used to finance operations, expand the business, or pay off debt. Unlike debt financing, equity financing does not require the company to make regular payments to the investors and does not have a set repayment schedule. However, giving up ownership in the company also means giving up control, and investors may expect to receive a share of the company's profits as a return on their investment.

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What is the name of federal legislation that sets out the statutory rules for statutory interpretation?

a) Civil Procedure Act
b)The Meaning of Words Act
c) Interpretation of legislation Act
d) Acts Interpretation Act

Answers

The name of federal legislation that sets out the statutory rules for statutory interpretation is the "Acts Interpretation Act." Option D.

What is the Acts Interpretation Act?

The Acts Interpretation Act is a piece of legislation in Australia that governs how federal and state legislation is interpreted.

However, It offers standard rules for interpreting legislation, reducing the need for costly legal battles. The Acts Interpretation Act aids in the interpretation of other legislation, as well as the drafting of new legislation.

Therefore, option a) the Civil Procedure Act, b)The Meaning of Words Act, and c) the Interpretation of Legislation Act is wrong.

Hence, the right answer is option D. Acts Interpretation Act.

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Question 1 of 10


Why can consumers have influence over politicians?


O A. Government agencies are required to address consumer


complaints.


B. Consumers are able to boycott politicians' re-election campaigns.


C. Corporations use profits from consumers to lobby the


government.


D. Politicians rely on the votes of consumers to keep them in office.


SUBMIT

Answers

Answer:

it's most likely B or D. but you need to double check

Answer:

D. Politicians rely on the votes of consumers to keep them in office.

Explanation: i took the test.

Question 1 of 10Why can consumers have influence over politicians?O A. Government agencies are required

What did New Deal farm programs want to accomplish?

Answers

The major goals of the New Deal were relief, recovery, and reform.

What is New Deal farm program?The Agricultural Adjustment Act (AAA) was enacted as part of President Franklin D. Roosevelt's New Deal in 1933. Farmers were offered subsidies in exchange for limiting their production of certain crops under the law. Subsidies were intended to limit overproduction, allowing crop prices to rise.A major New Deal program to restore agricultural prosperity during the Great Depression by reducing farm output, reducing export surpluses, and raising prices.Because President Roosevelt's advisors believed that the economic depression was caused by a slowdown in agriculture, much of the New Deal was designed to assist farmers.Agricultural Adjustment Administration was established (AAA). Measures were implemented to reduce crop supply, stabilize prices, and support farm income.

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What type of business sells to the end consumer

Answers

Answer:

business-to- consumer (B2C)

Explanation:

Commerce is a business model which typically involves the buying and selling of goods or products at a given price.

Generally, commerce comprises of four (4) business models and these are;

1. Business to Business (B2B).

2. Consumer to Consumer (C2C).

3. Business to Government (B2G).

4. Business to Consumer (B2C).

A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.

Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).

Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.

Which of the following is an example of an advertisement?
A.
A company newsletter
B.
A billboard
C.
A press release
D.
A news article about the company

Answers

Answer: B

Explanation:

just did it

A Billboard is an example of an advertisement. Option (b) is the correct answer to the question.

What is an Advertisement?

Advertising is a type of communication that is intended to encourage an audience to do something, usually in relation to a commercial offering, like a good or a service that is being sold.

A billboard is a sizable outdoor advertising structure that is generally seen in high-traffic places, such as beside busy roadways. In the UK and many other countries, it is also known as hoarding. Large advertisements are shown on billboards for cars and pedestrians to see. Normally, businesses utilize billboards to promote new items or to strengthen their existing brands.

The largest ordinary-sized billboards command high-density consumer exposure and are typically found on major highways, expressways, or main arterial. Due to their size and the fact that they enable creative "customization" through extensions and embellishments, these provide the most visibility.

Therefore, Option (b) is correct.

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if+market+share+for+five+cleaning+service+companies+are+8%,+13%,+6%,+25%,+and+48%,+the+four+firm+concentration+ratio+would+be

Answers

To calculate the four-firm concentration ratio, you need to sum up the market shares of the four largest cleaning service companies.

Given the market shares for the five cleaning service companies as 8%, 13%, 6%, 25%, and 48%, we can determine the four-firm concentration ratio.

Sorting the market shares in descending order, we have:

48%, 25%, 13%, 8%, 6%

Now, let's calculate the four-firm concentration ratio:

48% + 25% + 13% + 8% = 94%

Therefore, the four-firm concentration ratio for these five cleaning service companies is 94%.

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A new plant to produce tractor gears requires an initial investment of $10 million. It is expected that a supplemental investment of $4 million will be needed every 3 years to update the plant. The plant is expected to start producing gears 2 years after the initial investment is made (at the start of the third year). Revenues of $5 million per year are expected to begin to flow at the start of the fourth year. Annual operating and maintenance costs are expected to be $2 million per year. The plant has a 15-year life. List the annual cash flows.
Ans. CF-$10 000 000, CF₁-CF2=0, CF,-$6 000 000, CF-CFs = CF, CF₂ = CF10=CF11=
CF13CF14-$3000 000, CF CF, CF12=CF15=-$1 000 000

Answers

Year 0: -$10,000,000. Year 3, 6, 9, 13: -$4,000,000. Year 4, 7, 10, 14: $3,000,000. Year 5, 8, 11, 12: $3,000,000. Year 15: -$1,000,000.

Here is the list of annual cash flows for the given scenario:

Year 0: -$10,000,000 (initial investment)

Year 3: -$4,000,000 (supplemental investment)

Year 4: $5,000,000 (revenues) - $2,000,000 (operating and maintenance costs) = $3,000,000 (net cash flow)

Year 5: $3,000,000 (net cash flow)

Year 6: -$4,000,000 (supplemental investment)

Year 7: $5,000,000 (revenues) - $2,000,000 (operating and maintenance costs) = $3,000,000 (net cash flow)

Year 8: $3,000,000 (net cash flow)

Year 9: -$4,000,000 (supplemental investment)

Year 10: $5,000,000 (revenues) - $2,000,000 (operating and maintenance costs) = $3,000,000 (net cash flow)

Year 11: $3,000,000 (net cash flow)

Year 12: $3,000,000 (net cash flow)

Year 13: -$3,000,000 (supplemental investment)

Year 14: $5,000,000 (revenues) - $2,000,000 (operating and maintenance costs) = $3,000,000 (net cash flow)

Year 15: -$1,000,000 (operating and maintenance costs) = -$1,000,000 (net cash flow)

Note: CF represents the initial investment, CF₁ represents the supplemental investment, and CF2 represents the net cash flow.

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Why is it helpful to include milestones when setting personal performance goals. a) Including milestones allow one to explore many diverse interests before setting personal performance goals. b) Including milestones sets a long-term vision of where one wants to be in ten years. c) Including milestones allows one to use several short-term achieveable tasks to achieve one long-term goal. d) Including milestones allows one to measure one's performance in miles.

Answers

Answer:

c) Including milestones allows one to use several short-term achieveable tasks to achieve one long-term goal.

Explanation:

In this regard, we can relate the inclusion of milestones when defining personal performance goals to SMART goals, which is a method used to better target which actions will lead to the achievement of your goals and objectives.

SMART goals include milestones that allow you to use a variety of short-term, achievable tasks to achieve a long-term goal.

The acronym SMART stands for: Specific, Measurable, Achievable, Relevant and Time-based.

Which implies that the goals must be specific, they must be planned as clearly as possible. Measurable because they must be measured and monitored to analyze the performance of the tasks required to reach the goal. It must also be attainable, which means that the goal must be planned only if there are real possibilities to be achieved. Relevant to achieving motivation and ultimately time-based, as every goal must have a deadline for reaching it.

Answer:

c

Explanation:

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