what are the reasons that the industrial revolution is important to modern economic growth---that is, an increase in output per person?
Answers
More technology and innovation resulted from increased research and development. Increased output rates were brought about by the introduction of factory production.
Recent developments in machine learning and artificial intelligence, which gave us Watson and self-driving cars, herald the start of a seismic upheaval in the way we see the world. However, great breakthroughs have existed from the beginning of written history. These are technologies that are extensively utilized, improve over time, and have a cascading effect that leads to other advancements. The development of these general purpose technologies, or GPTs1, which include the first metal tools, the wheel, and the printing press, has altered the path of human history. The natural march of economic progress is "interrupted and accelerated" by GPTs. 1 In other words, they raise standards of living and improve productivity in people. They also assist in creating pathways for various new jobs.
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Related Questions
what conditions would help make a percent-of-sales forecast almost as accurate as pro forma financial statements and cash budgets?
Answers
To the extent that the pass relationship accurately depicts the future, the percent of sales method will yield values that reasonably represent the values derived through the pro forma, which would help make a percent of sales forecast almost as accurate as pro forma financial statements and cash budgets.
An estimate of the inflows and outflows of cash over a given time period is known as a cash budget. Cash budgets are advantageous because they may be created for both long- and short-term objectives, sometimes even for just one week. A cash budget is created in advance and lists all anticipated monthly cash inflows as well as any anticipated monthly cash outflows. Creating a cash budget has several advantages: It can detect any instances in which there might be a cash shortfall. A cash budget measures a company's cash flows for a given time frame. A firm can monitor its cash inflows and outflows and, as a result, determine whether it will have enough money to function over a specific time period by creating a proper cash budget.
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a key characteristic of a competitive market is that
Answers
Answer:
There are many buyers and sellers in the market. Each company makes a similar product
(please give brainliest)
A key feature of a competitive market is the presence of numerous buyers and sellers, and each company produces a comparable product.
What is the competitive market?A perfect market, is also referred to as a competitive market, is defined in economics by several idealizing conditions, collectively known as perfect competition, or atomistic competition. It creates jobs and gives people a choice of employers and work environments.
A healthy market competition is critical to the functioning of the US economy. When firms compete for customers, it leads to lower prices, higher quality goods and services, greater variety, and more innovation.
Therefore, The presence of numerous buyers and sellers is a key feature of a competitive market, and each company produces a comparable product.
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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
Answers
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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if a firm's resource is valuable, rare, costly to imitate, and the firm is organized to exploit it, this resource is a
Answers
If a firm's resource is valuable, rare, costly to imitate, and the firm is organized to exploit it, this resource is a expensive resource.
What is a resource?
Any element required to complete a task or conduct an activity is referred to as a resource in the context of business and economics. They are, in a nutshell, the elements that a business needs in order to operate. Employees, office space, tools, or money are examples of resources.
A firm can use a variety of different types of resources. Resource management refers to the process of distributing resources so that a business can carry out its task as effectively as possible. People with project management experience who are qualified to make these kind of business-related judgement decisions frequently carry out this process on behalf of their employers.
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the payback period method allows upper management to evaluate the
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The payback period method allows upper management to evaluate the recovery period for the initial investment by the organization. The payback period is defined as the duration of time it takes to recover the initial investment.
The payback period method allows upper management to evaluate the recovery period for the initial investment by the organization. This method helps organizations to determine the duration it will take to recover the amount invested in the project.
Payback period is the most common method used to evaluate the profitability of investment projects. It is calculated by dividing the cost of the project by its expected annual cash flow.
The explanation for the payback period method are:
Payback period method is a widely used traditional method of capital budgeting that helps in the evaluation of the recovery period of an initial investment. It is important because it helps organizations to determine the time that it will take to recover the amount invested in the project. It is a critical tool for financial management and upper management for investment decisions.
Payback period method is calculated by dividing the cost of the project by its expected annual cash flow. It is the duration of time it takes to recover the initial investment. It is expressed in years and months and is used as an important measure for investment decision making.
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What does it mean to invest your own risk?
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. In 2000, KFC® and A&W® restaurants successfully merged because each had a strong
signature product: KFC’s fried chicken and A&W’s root beer floats.
Branding strategy used:
Answers
Explanation:
Co-branding is a form of branding that connects companies together. Essentially, co-branding is a marketing partnership between two or more businesses.
Which of the following factors should Chrome Manufacturing include in its capital budgeting analysis? Check all that apply.
- Chrome’s replacement of an inefficient machine with a new, more efficient unit will reduce raw materials waste by $10,000 per year.
- If the current project is accepted, sales in another of Chrome’s divisions for a competing product will decline.
- Chrome expects its accounts receivable to increase by $70,000 as a result of the project.
- Chrome’s annual interest expense is $3 million, which is partly due to debt raised for this project.
Answers
The factors that Chrome Manufacturing should include in its capital budgeting analysis are:
- Chrome's replacement of an inefficient machine with a new, more efficient unit will reduce raw materials waste by $10,000 per year.
- Chrome expects its accounts receivable to increase by $70,000 as a result of the project.
- Chrome's annual interest expense is $3 million, which is partly due to debt raised for this project.
These factors should be considered because they have a direct impact on the company's cash flows. The reduction in raw materials waste will result in cost savings, the increase in accounts receivable will affect cash inflows, and the annual interest expense will impact the project's profitability and financial viability.
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How does compromising differ from accommodating in the Thomas-Kilmann Conflict Mode Instrument (TKI)?
-Compromising is where the representative considers everyone in the conflict to be important and attempts to meet the needs of all, while accommodating is finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
-Compromising is giving in to the customer at the expense of the organization while accommodating entails finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
-Accommodating is giving in to the customer at the expense of the organization while compromising entails finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
-Accommodating is where the representative considers everyone in the conflict to be important and attempts to meet the needs of all, while compromising is finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
Answers
Answer:
Accommodating is giving in to the customer at the expense of the organization, while compromising entails finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
Explanation:
How much would $2000 dollars earn in 1 year at a rate of 4.4% compounded annually?
Answers
Answer:
2,088
Explanation:
Use calculator and do 2000(1.044)^1
Read & identify the types of leadership to each scenario. Discuss why you choose that type, state the definition, and properly relate it to the scenario. (5 X 3 Marks Each = 15 Marks)
1- A leadership style which depends on high levels of communication from management to meet goals. Leaders motivate employees and enhance productivity and efficiency through communication and high visibility. This style of this leadership requires the involvement of management to meet goals. Leaders focus on the big picture within an organization and delegate smaller tasks to the team to accomplish goals.
2- Managers using this leadership style receive certain tasks to perform and provide rewards or punishments to team members based on performance results. Managers and team members set predetermined goals together, and employees agree to follow the direction and leadership of the manager to accomplish those goals. The manager possesses power to review results and train or correct employees when team members fail to meet goals. Employees receive rewards, such as bonuses, when they accomplish goals.
3- In this leadership, the leader manifests his or her revolutionary power. Charisma does not mean sheer behavioral change. It involves a transformation of followers’ values and beliefs. Therefore, this distinguishes a leader from a simply populist leader who may affect attitudes towards specific objects.
4- This form of leadership involves leaders who recognize that the methods, steps, and processes of leadership are all obtained with and through people. Most great and successful leaders have the aspects of vision in them.
5- A leadership type involves the creation of a vivid picture of its future, where it is heading and what it will stand for. The vision inspires and provides a strong sense of purpose and direction. It is about working with the hearts and minds of all those involved. It also recognizes that teamwork may not always involve trusting cooperative relationships. The most challenging aspect of this leadership is whether or not it will succeed.
Answers
1. The type of leadership in this scenario is transformational leadership. This leadership style is centered on motivating and inspiring employees to surpass their own expectations and goals. The leaders communicate openly with their subordinates, and they exhibit confidence and optimism.
2. The type of leadership in this scenario is transactional leadership. This style of leadership is contingent upon reward or punishment based on performance outcomes. The leader sets predetermined goals together with their team members, and they agree to follow the direction and leadership of the manager to accomplish those goals.
3. The type of leadership in this scenario is charismatic leadership. This style of leadership manifests the leader's revolutionary power. The leader inspires their followers by exhibiting their charisma and communicating a sense of optimism and hope for the future.
4. The type of leadership in this scenario is servant leadership. This style of leadership recognizes that the methods, steps, and processes of leadership are all obtained with and through people. The leader focuses on the needs of their team members before their own interests.
5. The type of leadership in this scenario is visionary leadership. This style of leadership creates a vivid picture of the future of an organization. The vision inspires and provides a strong sense of purpose and direction to all those involved. Visionary leaders work with the hearts and minds of all those involved.
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Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.
Answers
Answer:
truce
Explanation:
Here is the full question :
Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But
we've just made a _____with each other that will help us from feeling jealous if one of us
wins and one loses. We've decided that if one of us wins that person will share the prize money
with the other one.
Which word BEST completes the sentence?
truce
alliance
treaty
pact
A truce is an agreement between people to stop fighting for a limited.
Sol and his best friend made an agreement that would stop them from fighting
A pact is an agreement between people
Answer:
Truce (that the correct one).
Explanation:
In the Challenge Solution, would it make a difference to the analysis whether the lump-sum costs such as registration fees are collected annually or only once when the firm starts operation? How would each of these franchise taxes affect the firm's long-run supply curve? The Federal Motor Carrier Safety Administration (FMCSA) along with state transportation agencies in 38 states administer interstate trucking licenses through a Single State Registration System. However, the registration process is complex, time consuming, and expensive. There are many fees and costly regulations that a trucker or firm must meet to operate. For example, for a large truck, the annual federal interstate registration fee can exceed $8,000. These largely lump-sum costswhich are not related to the number of miles drivenhave increased substantially in recent years. What effect do these new fixed costs have on the trucking market price and quantity? Are individual firms providing more or fewer trucking services? Does the number of firms in the market rise or fall? The Challenge Solution suggests the market price will increase and the market quantity will decrease. Further, the number of firms in the market will fall, although each firm remaining in the market will produce more. Instead of being collected annually, if the lump-sum costs are collected only once (when the firm starts operation), then
Answers
Answer:
The answer is "nothing changes because the fees would still be fixed costs."
Explanation:
When annual expenses throughout the cash payment are recovered, a long-term delivery curve of both the company will change.
When the lump sum costs are still only obtained once, the long-term supply curve shall be changed.
It is because, regardless of how it is paid, this tv license has little effect mostly on low cost but only a fixed cost. Its amount of output relies on how well the cost of the profit changes. Provided these are fixed costs, their performance doesn't matter.
what is the goal of effective marketing research studies?
Answers
Answer:
The goal is to identify and assess how changing element of the marketing mix impact customer behavior.
In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answers
Answer:
15 is the answer you are looking
Lightskins or Darkskins
Or Other ?
Answers
Answer:
any kind of boy
Explanation:
I have no type
in order to regulate the monopoly to produce the largest possible output without a loss, government regulators would establish a price of
Answers
In order to regulate the monopoly to produce the largest possible output without a loss, government regulators would establish a price where it equals the average total cost, therefore no subsidy is needed.
What is average total cost?The average total cost is calculated as the overall production costs divided by the total output. To put it another way, the average cost is the sum of all fixed and variable costs divided by the total number of units produced by the company.
How businesses decide to price their commodities is strongly influenced by the average cost. It is used to calculate the breakeven price, which is the lowest price at which the company will be profitable and profitable. The corporation or business organization will experience losses if the price is set below the average total cost.
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Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" How would Demetri BEST classify this type of communication
introductions
small talk
making a request
giving condolences
Answers
If Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" Demetri would BEST classify this type of communication as: D. giving condolences.
What is communication?Communication can be defined as the way in which two or more people tend to interact with one another. Communication can be inform of written, verbal or non-verbal.
This scenario is an example of giving condolence based on the fact that the Demetri colleague is showing empathy as well as giving condolence because yankees lost the games.
Therefore the correct option is D.
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What does Beshara say is important about the book
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Answer:
what book there'S A LOT
RESEND IT THX
what I know about dressmaking is?
Answers
purple corporation purchased $10,000 of merchandise on june 3, subject to the terms, 2/10, n/30. on june 9, it pays for all the merchandise purchased on june 3. purple corporation records discounts using the gross method in a perpetual inventory system. the entry on june 9 will reduce:
Answers
The entry on June 9 will reduce Inventory and cash and also accounts payable.
What is one reason for a perpetual inventory system?The ability to instantly track sales and inventory levels for specific items makes a perpetual inventory system better than the more traditional periodic inventory system and helps to avoid stockouts.
Given,
On 3 June Purchase of $10,000
Terms = 2/10, n/30
Required to pass the necessary journal entry if payment is made on 9 June under the perpetual inventory system.
Date Particulars Debit Credit
3 Jun Inventory $10,000
Accounts Payable $10,000
(Being purchase made on 3 June on credit bases)
9 Jun Accounts Payable $10,000
Cash $9.800
Inventory $200
(Being payment made for purchase on 3 June and cash discount adjusted)
On 9, June purple corporation debits the accounts payable by $10,000, credit the Cash accounts by $9800, and also credit the inventory accounts by $200.
Thus, the mentioned above are necessary journal entries to record the cash discount under the perpetual inventory system.
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the cpi (base year 1989) for 1990 is 110, for 1991 is 120, and for 1992 is if the base year is changed from 1989 to 1992, what is the cpi for 1990?
Answers
The CPI for 1990 with a base year of 1992 is 91.66. To calculate the CPI for 1990 with a base year of 1992, we need to use a process called chaining. This involves using the CPI values from the two base years to find a common link.
First, we need to find the price index ratio between 1992 and 1989. This is calculated as 100 (the starting point of the base year) divided by the CPI for 1992, which gives us a ratio of 83.33.
Next, we need to use this ratio to adjust the CPI values for 1990 and 1991 to make them equivalent to 1992 prices. To do this, we multiply the CPI for 1990 (110) by the ratio of 83.33, which gives us a chained CPI of 91.66.
Therefore, the CPI for 1990 with a base year of 1992 is 91.66.
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Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done
Answers
Answer:
1. obtaining signed receipts for mail
2. sorting mail
3. delivering mail
Explanation:
Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.
The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.
Answer:
AEF
Explanation:
how should contact center wohow should contact center workstations be positioned to maximize productivity?
Answers
Give your workers freedom. Working in a call center might seem monotonous at times.
What does the term "employee" mean?A person engaged by a company to do a certain task is known as an employee. Employers are in charge of deciding how much an employee is paid, when they work, and how they work. Employees receive advantages that contractors do not in return.
What is the primary objective of an employee?Worker meaning is the feeling of significance that employees derive from their work and the degree to which their ideals are shared by a company. It ultimately comes down to giving staff members the tools and support they need to infuse meaning into their workdays and professional environments. They help to increase the productivity of company.
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harmful substances which contaminate water are collectively called
Answers
Answer:
Ground Water Contamination
Explanation:
I'll be honest I'm not 100% sure.
Which kind of map would be most helpful to use when studying watersheds?a road mapa political mapa topographic map
Answers
Answer:
Topographic map
Explanation:
Topographic maps show the arrangement of the physical features of an area of the Earth; Such as mountains, valleys, plains, and bodies of water ( above sea level).
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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If an error is found when posting to the ledger, how would it be corrected?
Answers
Most time, when an error is found when posting to the ledger, it would be corrected by reversing the incorrect entry and use a second journal entry to record the transaction correctly,
What is a ledger error?In a ledger, the error can be called a wrong posting may be in the forms of posting a wrong amount to a ledger account or posting to the wrong side of an account or double posting.
All these type of errors affect mostly only one side of ledger accounts and they are mostly revealed by the trial balance through disagreement of debit and credit totals.
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Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences)
Answers
An example of when a revolving credit is used is when a person makes use of a credit card to make a payment.
What is a revolving credit ?Revolving credit is a form of credit that does not have a fixed number of payments. It allows the holder of the revolving credit to borrow repeatedly until a maximum amount is reached.
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an example of ____ is saying the words ""i am enjoying my work more"" over and over to avoid procrastination. .procrastination. .targeted self-talkc .visualizationb .strategic
Answers
Answer:
An example of targeted self-talk is saying the words "I am enjoying my work more" over and over to avoid procrastination.
Answer:
An example of targeted self-talk is saying the words "I am enjoying my work more" over and over to avoid procrastination.
Explanation: