what international organization runs a dispute settlement process in which countries can resolve trade inequalities in a formal arena?
Answers
Countries can settle trade disparities in a formal setting through the World Trade Organization's (WTO) dispute resolution procedure.
Describe trade.Trade is the voluntary transfer of goods or services among participants in the economy. Trade is often seen to be beneficial to both parties because interactions are voluntary. Buying and selling share or other assets is referred to as trading in the finance industry.
Why is trade so important?Because it fosters economic growth, encourages domestic employment, enhances standard of living, and give more control to support their families with fairly priced goods and services, trade is crucial to the success of the United States. More jobs, greater pay, quality services, moderate inflation, and a propensity for cooperative over conflict are all advantages of increased commerce. nation. The much more freely trade goes around the world, the bigger the wave of economic success and peace will be.
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Related Questions
Which inventory measure is best for a company to maximize? group of answer choices inventory turns years of supply safety stock work-in-process inventory.
Answers
Inventory turns years of supply safety stock work-in-process inventory.
Inventory refers to all the objects, goods, merchandise, and substances held by means of a business for promoting inside the marketplace to earn earnings.
Instance: If a newspaper vendor makes use of an automobile to supply newspapers to the clients, most effective the newspaper can be taken into consideration in inventory.
The styles of inventory control are raw substances, Works-In-system, upkeep, repair, and Operations or MRO, and completed goods.
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what is business and what is occupation
Answers
Answer:
Business:
A person's regular occupation, profession, or trade.
Occupation:
A job or profession.
Explanation:
I looked them up in a dictionary.
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Discuss the most indispensable characteristics of an effective project manager. Delineate and develop the personal, professional and experiential requirements of an individual that can be considered a competent construction professional. In what order and quantity should this individual possess these qualities?
Answers
Key characteristics of an effective construction project manager include strong leadership, excellent communication, exceptional organization, problem-solving skills, technical expertise, financial acumen, team building abilities, and experience in construction projects.
An effective project manager possesses a combination of personal, professional, and experiential qualities that contribute to their competence in the construction industry. The most indispensable characteristics of an effective project manager can be outlined as follows:
Strong Leadership Skills: A project manager should have the ability to lead and inspire a team, provide clear direction, make informed decisions, and effectively delegate tasks. Leadership skills are crucial for maintaining team cohesion, resolving conflicts, and ensuring project success.Excellent Communication Skills: Effective communication is vital in project management. A project manager should be able to communicate clearly and concisely with various stakeholders, including clients, contractors, team members, and suppliers. They must listen actively, express ideas effectively, and adapt their communication style to different situations.Exceptional Organizational Abilities: Project managers need to be highly organized and capable of managing multiple tasks, deadlines, and resources simultaneously. They should have strong planning and time management skills, enabling them to create realistic schedules, allocate resources efficiently, and monitor progress effectively.Problem-Solving and Decision-Making Skills: Construction projects often encounter unexpected challenges and problems. An effective project manager possesses strong problem-solving skills, allowing them to analyze issues, identify viable solutions, and make informed decisions promptly. They should be proactive in anticipating problems and finding preventive measures.Technical Knowledge and Expertise: A competent construction professional should have a solid understanding of the technical aspects of construction projects. This includes knowledge of construction methods, materials, regulations, codes, and industry best practices. It is important for project managers to stay updated with the latest advancements and trends in the construction field.Financial and Budgeting Skills: Construction projects involve budgeting and financial management. A project manager should possess financial literacy to develop and monitor project budgets, track expenses, manage costs, and ensure profitability. Knowledge of estimating, procurement, and contract management is also valuable.Team Building and Collaboration Abilities: Construction projects require collaboration and teamwork. A competent project manager fosters a positive work environment, builds strong relationships with team members, promotes cooperation, and encourages knowledge sharing. They should be able to motivate and empower their team, promoting a sense of ownership and accountability.Experience in Construction Projects: Practical experience in managing construction projects is invaluable. An individual who has worked on various projects, handling different roles and responsibilities, can bring a wealth of knowledge and lessons learned to their managerial position. Experienced project managers can anticipate challenges, mitigate risks, and implement effective strategies.While all these qualities are important, the priority and quantity may vary depending on the specific requirements of a project or organization. Some projects may prioritize technical expertise, while others may place greater emphasis on leadership and communication skills. Adapting to the specific needs of a project and continuously developing these qualities is key for a competent construction professional.
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What is the best business organization for annabeth’s new company? a corporation, because she will need financing to get started a sole proprietorship, because the business is small and simple to operate a partnership, because she lacks the skills to make machine parts a cooperative, because local businesses will be her customers
Answers
The statement that best describes the business organization for Annabeth’s new company is to a corporation, because she will need financing to get started.
What is corporation?A corporation is an entity. It is usually defined as a collection of people or a company.
It has been permitted by the state to act as a single entity and is lawfully recognized as such for certain purposes.
Documents were utilised to found the first incorporated entities. The majority of governments now permit the formation of new corporations through the registration process.
The reason a Corporation would be preferable is that it would allow her to realize her long-term goals.
In the future, a corporation is more likely to expand, allowing Annabeth to realize her aspirations of selling to Europe and South America.
She does, in fact, have a better probability of doing so sooner rather than later.
Therefore, option a is correct.
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The main advantage of ________________________ is the possibility to standardize other marketing activities, particularly communications, that are feasible because of the band's uniqueness. Select one: A. A product continuity approach B. A product adaptation approach C. Strategic planning D. A global branding approach E. New product development
Answers
Answer:
D. A global branding approach
Explanation:
Global branding is the way that a company markets a product in the same way across various countries using a particular marketing strategy.
The product is unique across the various markets.
Local preferences are not considered with the global branding approach.
Therefore marketing activities are standardised across various countries where the product is sold
What economic event began in 2007?
the Great Recession
O the Reconstruction
the Progressive Era
the Great Depression
Answers
Answer:
The Great Recession
Explanation:
The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)
Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
Answers
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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Which of these investments is not a function of the Production department?
a. Increasing Automation
b. Creating new production lines
c. Wage Increases
d. none of these
Answers
The concept is Production, the act or process of producing goods and services. The answer is option C, Wage Increases.
Production is the process of combining various inputs, both tangible and intangible, to create an output product. Ideally, the result is a good or service that has value and contributes to the benefit of people.
The production department is a set of corporate functions responsible for the production of goods. Their duties include:
placing raw materials or products into manufacturing machines to facilitate the assembly process, packaging finished products and arranging their shipment to,conducting inspections of equipment and products to ensure quality production.Among the production processes, the department strives to improve the efficiency of the production or assembly line so that it can achieve the production goals set by the company's management and assure consumers that the finished products offer the best value and quality.
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Safety in the workplace is the sole responsibility of the employer. please select the best answer from the choices provided t f
Answers
The statement is FALSE. Safety in the workplace is NOT the sole responsibility of the employer.
Everyone at work, as in all employees, must contribute to keeping everyone else safe; the onus of proof, though, rests with the employer. The employer has to ensure that workplace safety is secured and that no one who works there or visits it is in danger.
The distribution of responsibilities for safety in the workplace is as follows:
Employer: Create programs based on their authority to solve safety issues and hazards.Employees: Follow safety protocols and alert managers to any potential hazards.
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Answer:
false it's everyone's
Explanation:
Put'er There manufactures baseball gloves. Each glove requires $22 of direct materials and $18 of direct labor. Variable manufacturing overhead cost is $7 per unit and fixed manufacturing overhead cost is $19,000 in total. Variable selling and administrative costs are $11 per unit sold and fixed selling and administrative costs are $13,200. Last period, 800 gloves were produced, and 585 gloves were sold. The unit product cost is:_______.
a. $70.75 per unit.
b. $47 per unit.
c. $58 per unit.
d. $81.75 per unit.
Answers
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each glove requires $22 of direct materials and $18 of direct labor. Variable manufacturing overhead cost is $7 per unit and fixed manufacturing overhead cost is $19,000 in total.
There are two methods to calculate the unitary production costs. The variable costing method and the absorption costing method.
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Variable costing method:
Unitary product cost= 22 + 18 + 7= $47
Absorption costing method:
Unitary fixed costs= 19,000/800= 23.75
Unitary product cost= 47 + 23.75= $70.75
Describe the population distribution in Guyana
Answers
More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.
The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.
What advantage does smartphone advertising have over Internet advertising?
a. Smartphone ads are more general.
b. Smartphone ads can be tailored to a specific geographic location or user demographic.
c. People will definitely see a smartphone ad because they are always checking their phones.
d. The ads are smaller so advertisers don't have to write as much copy.
e. None of the options is correct.
Answers
The advantage that smartphone advertising has over Internet advertising is ' B) Smartphone ads can be tailored to a specific geographic location or user demographic '.
The advantage of smartphone advertising over Internet advertising lies in its ability to customize ads based on specific geographic locations or user demographics. By leveraging location-based targeting and collecting user data on demographics, interests, and behaviors, smartphone ads can be tailored to reach the intended audience more effectively. This personalized approach enhances the relevance and impact of the advertising campaigns, maximizing their effectiveness.
In conclusion, the ability of smartphone advertising to target specific geographic locations and user demographics enhances its effectiveness and allows for more personalized and relevant ad campaigns compared to Internet advertising.
Option B is the correct answer.
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the negative impact of the coronavirus on businesses
Answers
Answer:
UNEMPLOYMENT..
main cause..
20 POINTS!!!! Please check the picture attached.
Answers
Answer:
6
Explanation:
Burger Dome sells hamburgers, cheeseburgers, French fries, soft drinks, and milk shakes, as well as a limited number of specialty items and dessert selections. Although Burger Dome would like to serve each customer immediately, at times more customers arrive than can be handled by the Burger Dome food service staff. Thus, customers wait in line to place and receive their orders. Suppose that Burger Dome analyzed data on customer arrivals and concluded that the arrival rate is 51 customers per hour and 1 customer processed per minute.
Compare a multiple-server waiting line system with a shared queue to a multiple-server waiting line system with a dedicated queue for each server. Suppose Burger Dome establishes two servers but arranges the restaurant layout so that an arriving customer must decide which server's queue to join. Assume that this system equally splits the customer arrivals so that each server sees half of the customers. How does this system compare with the two-server waiting line system with a shared queue? Compare the average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system. If required, round your answers to four decimal places.
Shared single queue Dedicated queues
Number of customers waiting fill in the blank 1 fill in the blank 2
Average number of customers in the system fill in the blank 3 fill in the blank 4
Average waiting time fill in the blank 5minutes fill in the blank 6minutes
Average time in the system fill in the blank 7minutes fill in the blank 8minutes
Comparing these numbers, it is clear that the shared single queue OR two dedicated queues results in better process performance than the shared single queue OR two dedicated queues
Answers
Both systems have the same average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system.
In a multiple-server waiting line system with a shared queue, all customers join a single queue, and the servers take turns serving the customers. On the other hand, in a multiple-server waiting line system with dedicated queues, each server has its own queue, and customers must choose which server's queue to join.
Now, let's compare the two systems.
1. Number of customers waiting:
In the shared single queue system, the number of customers waiting is equal to the average number of customers in the system minus the number of servers. In this case, with two servers, the number of customers waiting would be "fill in the blank 3".
In the dedicated queues system, since the customers are equally split between the two servers, each queue will have half the number of customers. Therefore, the number of customers waiting in each queue would be "fill in the blank 4".
2. Average number of customers in the system:
In the shared single queue system, the average number of customers in the system is the sum of the number of customers waiting and the number of customers being served. Since each server can serve one customer at a time, the average number of customers in the system would be "fill in the blank 3".
In the dedicated queues system, the average number of customers in the system is the sum of the number of customers waiting in each queue and the number of customers being served. Since each server can serve one customer at a time, the average number of customers in the system would be "fill in the blank 4".
3. Average waiting time:
The average waiting time in the shared single queue system is calculated by dividing the number of customers waiting by the arrival rate. Therefore, the average waiting time would be "fill in the blank 5 minutes".
In the dedicated queues system, the average waiting time for each queue would be the same as the average waiting time in the shared single queue system, as each queue receives half of the customers. Therefore, the average waiting time in each queue would also be "fill in the blank 5 minutes".
4. Average time in the system:
The average time in the system in the shared single queue system is calculated by dividing the average number of customers in the system by the arrival rate. Therefore, the average time in the system would be "fill in the blank 7 minutes".
In the dedicated queues system, the average time in the system for each queue would be the same as the average time in the system in the shared single queue system, as each queue receives half of the customers. Therefore, the average time in the system in each queue would also be "fill in the blank 7 minutes".
Comparing these numbers, it is clear that the shared single queue system results in the same process performance as the two dedicated queues system.
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Why is Berkshire Hathaway underpreforming?
Answers
Answer:
no sales
Explanation:
if a company fails to adjust for accrued expenses, what effect will this have on that month's financial statements?
Answers
If a company fails to adjust for accrued expenses, it will have a significant effect on that month's financial statements. The main terms associated with this situation are accrued expenses, financial statements, and adjusting entries.
Accrued expenses are costs that a company has incurred but has not yet paid or recorded in their accounting system. These expenses need to be recorded via adjusting entries to ensure accurate financial statements.
Financial statements, such as the income statement and balance sheet, provide a snapshot of a company's financial position and performance. They are crucial for stakeholders, such as investors and creditors, to evaluate the company's financial health.
Adjusting entries are made at the end of an accounting period to update account balances for any unrecorded transactions, including accrued expenses. These entries help to match revenues and expenses in the same accounting period.
If a company fails to adjust for accrued expenses, the financial statements will be affected in the following ways:
1. Understatement of expenses: The income statement will not accurately reflect all the expenses incurred during the month, leading to an understatement of total expenses.
2. Overstatement of net income: With understated expenses, the net income will be overstated, giving an inaccurate picture of the company's profitability.
3. Overstatement of assets: The balance sheet will not show the correct amount of liabilities related to accrued expenses, leading to an overstatement of assets.
4. Misleading financial ratios: Financial ratios calculated using the inaccurate financial statements will be misleading, potentially causing stakeholders to make incorrect decisions based on the company's financial position.
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The customer who purchases the product from Zappos would be called a Zappo.
an external customer.
an owner.
an internal customer.
a happy customer.
Answers
The customer who purchases a product from Zappos would be referred to as an external customer.
"Zappo" is not a commonly used term to describe Zappos customers. However, it's worth mentioning that Zappos is an online retailer specializing in footwear and apparel, and their focus is on providing exceptional customer service and creating happy customers.
The customer who purchases a product from Zappos would typically be referred to as an external customer. "Zappo" is not a common term used to describe Zappos customers.Zappos developed a set of guiding principles that serve as the foundation of its corporate culture.
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Answer each of the following questions about demand and consumersurplus.
a. What is consumer surplus, and how is it measured?
b. What is the relationship between the demand curve and the willingness to pay?
c. Other things equal, what happens to consumer surplus if the price of a good falls? Why? Illustrate using a demand curve.
Answers
a. The demand curve and the market price, up to the quantity demanded, b. the price of a good decreases, the willingness to pay of consumers c. the area between the new demand curve and the new price represents the increase in consumer surplus.
a. Consumer surplus refers to the difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay. It represents the value that the consumer gains from the transaction. Consumer surplus can be measured by calculating the area between the demand curve and the market price, up to the quantity demanded.
b. The demand curve represents the relationship between the price of a good and the quantity that consumers are willing and able to buy. Generally, as the price of a good increases, the quantity demanded decreases, and vice versa. The willingness to pay is the maximum price a consumer is willing to pay for a good. As the price of a good decreases, the willingness to pay of consumers who were previously unwilling to buy at the higher price may increase, resulting in a larger quantity demanded.
c. Other things equal, if the price of a good falls, consumer surplus increases. This is because consumers who were previously willing to pay a higher price for the good can now purchase it at a lower price, resulting in a gain in consumer surplus. This can be illustrated using a demand curve by showing the increase in quantity demanded at the lower price, and calculating the difference between the maximum price consumers were willing to pay at the higher price, and the actual price they pay at the lower price. The area between the new demand curve and the new price represents the increase in consumer surplus.
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In the market demand S-shaped growth curve, the early majority is:a. the least important customer segment for a growing company and industry.b. the group of customers that drive replacement demand for a product.c. the group of customers most likely to try new technology before it has been proven useful or stable.d. the group of customers who begin purchasing a product at the beginning of an industry's transition from embryonic to growing.
Answers
In the market demand S-shaped growth curve, the early majority is the group of customers who begin purchasing a product at the beginning of an industry's transition from embryonic to growing. The correct answer is option (d).
The early majority is a crucial customer segment for a growing company and industry because they are responsible for a significant portion of the market share, driving overall growth. Unlike the early adopters (c), who are more likely to try new technology before it is proven useful or stable, the early majority tends to adopt products once they have demonstrated value and reliability.
This group helps bridge the gap between innovators, early adopters, and the later majority, contributing to the momentum of the product's growth. Therefore, they are not the least important customer segment (a) nor the group that drives replacement demand for a product (b). By attracting and retaining the early majority, a company can ensure the successful expansion of its product and industry.Hence, the right answer is option (d).
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If your repair business brought in $100,000 how much tax would you owe?
Answers
Answer:
$13,300 If the business is owned by one person or 26,900 if it has multiple owners.
Explanation:
Small businesses with one owner pay a 13.3 percent tax rate on average and ones with more than one owner pay 23.6 percent on average. Small business corporations (known as “small S corporations”) pay an average of 26.9 percent. Corporations have a higher tax rate on average because they earn more income
Denny always wants to improve on his last month's sales performance by at least 10%. a. Need for achievement b. Need for affiliation c. Existence need d. Hygiene factor
Answers
Answer:
The need for affiliation refers to an individual's desire for social connections and relationships, while the existence need refers to basic needs such as food, shelter, and safety. The hygiene factor is a term used in organizational psychology to refer to certain factors in the work environment that, if absent or inadequate, can lead to dissatisfaction, but do not necessarily lead to motivation or satisfaction if present.
the pharmaceutical industry labor-management association (pilma) sought to defeat a bill in texas to lower drug prices. pilma has no individual members and receives most of its money from the pharmaceutical industry. it is best described as a(n)
Answers
the pharmaceutical industry labor-management association (pilma) sought to defeat a bill in texas to lower drug prices. Pilma has no individual members and receives most of its money from the pharmaceutical industry. it is best described as a(n) astroturf organization.
The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical capsules to be used as medicines to be administered to patients (or self-administered), with the aim to treat them, vaccinate them, or alleviate symptoms. Pharmaceutical organizations can also deal in ordinary or logo medicinal drugs and clinical devices. they're subject to a selection of legal guidelines and rules that govern the patenting, testing, safety, efficacy the use of drug testing, and advertising of drugs. the global prescribed drugs marketplace produced remedies worth $1,228.45 billion in 2020 and confirmed a compound annual growth rate (CAGR) of one.8%.
The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical tablets to be used as medicinal drugs to be administered to patients (or self-administered), with the intention to cure them, vaccinate them, or alleviate signs and symptoms.
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FILL IN THE BLANK. the___process originates in the sales department and ends in the accounting department.
Answers
The fulfillment process originates in the sales department and ends in the accounting department.
What conditions must a sales department meet?To link a product or service with potential customers or clients, a sales department must create and implement a protocol that is appropriate to the nature of the product or service. For instance, some goods or services necessitate direct communication between a salesperson and a customer in order to close a deal.
What function does the department of accounting and finance serve?The core of any corporation is its accounting and finance division, which is in charge of maintaining the effective financial management and financial controls required to support all corporate operations.
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What kind of monopoly does the cottage represent? Why?
Answers
The kind of monopoly does the cottage represent is Technological Monopoly.
What is definition of monopoly?A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis.
According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.
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You have been hired as a marketing consultant by Widget World to evaluate the relative strengths of their 38 current products. Widget management wants to know which products should be continued and which ones should be dropped. Which of the following sequences would most likely be best suited for presenting your recommendations?
A. Chronological.
B. Spatial.
C. Alphabetical.
D. Qualitative.
Answers
Answer:
D. Qualitative.
Explanation:
Since in the question it is mentioned that the evaluation of the 38 current products should be done and analyzed them which products should be continued and which one is dropped
here 38 products shows the number of products
So the best suited is qualitative as it reflects the quality of each products that give results into continuation or dropped.
Hence, the correct option is D. Qualitative
You have a credit card balance of $53.00 from the previous month. You have $172.45 in new purchases and you made a payment of $50.00. Your APR is 8.75%. According to the Previous Balance method, what amount would you use to calculate the interest for this month?
Answers
Answer:
$50
Explanation:
As per previous balance method the Interest is charged based on the opening balance of the Credit Card.
As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.
Answer:
The answer is $50.
Explanation:
in your opinion, why does a business have a responsibility to employees and community stakeholders in a business- or plant-closing decision
Answers
In your opinion, why does a business have a responsibility to employees and community stakeholders in a business- or plant-closing decision “Society is stressful that organizations, each public and private, serve a social purpose,” he wrote in a draft of the letter that became shared with me.
“To prosper over time, each organization ought to now no longer simplest supply economic performance, however, additionally display the way it makes a nice contribution to society. "Social duty method that except maximizing shareholder value, companies have to perform in a manner that advantages society.
Socially accountable organizations have to undertake regulations that sell the wellbeing of society and the surroundings at the same time as lessening bad influences on them. A stakeholder's number one function is to assist an organization meet its strategic targets via way of means of contributing their revel in and angle to a project. They also can offer essential substances and resources. Their help is vital to a a success project.
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What effect would a
"technological improvement"
have on the quantity of a
product in a Supply Curve?
A. The curve would shift from the right to
the left (S1 to S2).
B. The curve would shift from the left to the
right (S2 to S1).
C. The quantity of a product would remain
unchanged.
D. S1 and S2 would reverse their slope (up
and to the left).
Answers
When there is "technological improvement" the effect on the quantity of a product in a Supply Curve is B. The curve would shift from the left to the right (S2 to S1).
What happens to the Supply Curve as a result of technological improvement?When there is technology improvement, this means that the economy will be able to produce more goods and services with the same amount of resources that they have.
When there is an increase in the quantity produced, this means that there will be more supply in the economy. An increase in supply would affect the Supply curve such that it would move from the left to the right. This means that in this case, S2 would move to S1 on the right.
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The primary source of federal power to regulate business is the:_______
a. commerce clause.
b. privilege and immunities clause.
c. contract clause.
d. supremacy clause.
Answers
The primary source of federal power to regulate business is the: commerce clause
What is commerce clause?
The U.S. Constitution's Article 1, Section 8, Clause 3 is referred to as the Commerce Clause. the authority to "regulate commerce with foreign countries, among the various states, and with India," according to the U.S. Constitution.
Significant and ongoing debate about the distribution of power between the federal government and the states has resulted from Congress's repeated use of the Commerce Clause as justification for exercising legislative authority over state and citizen actions. In the past, the Commerce Clause was seen as both a grant of power to Congress and a limitation on the power of the States to regulate themselves.
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