which commercial data classification level would be applied to a data set of the number of current employees at an organization and would only cause a small amount of harm if disclosed?
Answers
The least sensitive information used by the company is public data, which would also result in the least damage from disclosure. This may include information utilised for marketing or the number of employees at the business.
How is data classified?
Levels of Data Classification
Commercial organisations may adopt these, but the most common levels are Restricted, Confidential, Internal, and Public.
Describe public data.
Public data is information that has no existing local, national, or international legal restrictions on access or usage and can be freely used, reused, and disseminated by anybody.
What does the term "international law" mean?
International law is a body of rules and principles that regulates how states and people interact with one another, as well as how international organisations interact with one another.
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Related Questions
To be an effective planner, you should be a(n) learner in areas beyond the technicalities of your profession.
Answers
It is a true statement about being an effective planner who is a learning professional in many areas beyond the technical aspects of his profession.
How to carry out an effective plan?In the business environment, it is necessary to have a comprehensive understanding of internal and external factors that can impact the future of the organization and generate value and market positioning.
Therefore, it is essential that an effective planner is based on technical, social and visionary aspects to ensure that his action plan is positive and successful.
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Answer:proactive
Explanation:
Critical Thinking Questions
1.What factors impact a business’s profits and revenues? Identify several factors that can affect profits and revenues and specify if these factors are internal or external. Explain whether the impacts from these factors are positive or negative.
2.What does productivity mean to you? How does this differ from what productivity in business means? Explain the concept of productivity in business and compare and contrast how this differs from the concept of productivity in your own current life.
3.Imagine that you are a business owner. You own a small donut shop on a beach boardwalk in Southern Florida. Based on this, what are some factors that could potentially impact your expenses? How could you prepare for these changing expenses so that they do not too negatively impact your business? Explain.
4.What is the purpose of specialization of labor in business? As a business owner, how might you ensure that you are making the best use of your employees’ areas of specialization? What impact, either positive or negative, can specialization of labor have on the productivity of your employees and your business? Explain.
5.Put yourself in the shoes of a US-based retailer who also manufactures the products they sell. Perhaps you manufacture and sell clothing items or cell phone accessories. Whatever you make or sell, imagine that you discover it is cheaper to manufacture this item overseas and ship the finished product back here to sell—would you do this? Or would you choose to manufacture your item here in the United States? Explore some of the positives and negatives to both options and explain your reasoning behind your decision. Is the decision purely a result of your estimate of costs and potential profits, or do you believe there is also a patriotic reason for this decision? Explain your thinking.
Answers
The answers to the critical thinking question are given as follows:
Factors impacting a business's profits/revenues include internal factors such as cost of goods sold, overhead, and workforce, as well as external factors such as competition, market demand, and economic conditions. The impact can be positive or negative.Productivity to me means using time effectively to accomplish personal goals. In business, productivity is the measure of output per unit of input, usually time and labor.As a donut shop owner, factors affecting expenses could be food cost, rent, seasonal changes, and competition. Preparation can include controlling food cost, negotiating rent, and offering special promotions.Specialization of labor in business allows for increased efficiency and expertise. A business owner can ensure the best use by assigning tasks based on employees' strengths, training and supporting them. Can positively impact productivity.As a retailer/manufacturer, cost and potential profits are key factors, but also consider supply chain stability and quality control. There may be a patriotic reason to manufacture in US, but this must be balanced with financial viability.What is Critical Thinking?The investigation of available facts, evidence, observations, and arguments to create a decision is known as critical thinking.
The topic is complicated; numerous definitions exist, but they all contain a reasoned, skeptical, and unbiased investigation or evaluation of factual facts.
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What principle does this demand curve demonstrate?
quantity demanded increases as prices decrease
quantity demanded increases as prices increase
prices decrease as quantity demanded decreases
prices remain the same as quantity demanded increases
Answers
Answer:
quantity demanded increases as prices decrease
Explanation:
Demand is the volume of a product that consumers are willing to buy at the market place at a given price over a given time. The demand curve is a graphical representation of the relationship between the demand and the product's price. It shows how quantity demanded increases as prices decrease. The demand curves illustrate the law of demand.
The demanded curve slope downwards with the prices plotted on the Y-axis while the quantity demanded is on the X-axis. Movement along the slope illustrates how quantities change at different prices.
Answer:
a
Explanation:
Organizations often start a new marketing research study by first examining secondary data primarily because
Answers
Answer:
using this information can result in time and cost savings
Explanation:
Organizations often start a new marketing research study by first examining secondary data primarily because after study the data by research team can help in making better understanding of the market.
What is marketing?
Marketing is the process of creating, promoting, and delivering goods and services to customers with the goal of satisfying their needs and wants.
It involves identifying target customers, researching their preferences and behavior, developing products and services that meet their needs, and promoting those products and services to persuade customers to buy them.
The marketing research study in an organization first examine the secondary data because they want to first understand the demand in the market and then do marketing accordingly.
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Do you think every working American needs a 401(k) account or an IRA? Why or why not?
No links
Need ASAP
Answers
Answer:
Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.
There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.
However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.
Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.
What is the nominal annual rate of interest compounded quarterly at which $526.00 will accumulate to $1857.66 in four years and nine months? 1000 The nominal annual rate of interest is %. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
Answers
The nominal annual rate of interest compounded quarterly, at which $526.00 will accumulate to $1857.66 in four years and nine months, is approximately 15.4981%.
To calculate the nominal annual interest rate compounded quarterly, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = Final amount ($1857.66)
P = Principal amount ($526.00)
r = Nominal annual interest rate (to be determined)
n = Number of times interest is compounded per year (quarterly, so n = 4)
t = Number of years (four years and nine months, or 4.75 years)
Rearranging the formula to solve for r, we have:
r = (A/P)^(1/(n*t)) - 1
Substituting the given values into the formula, we get:
r = (1857.66/526.00)^(1/(4*4.75)) - 1
Calculating this expression, we find that the nominal annual interest rate is approximately 0.154981 or 15.4981% when rounded to four decimal places.
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A bond currently sells for $1,170, which gives it a yield to maturity of 5%. Suppose that if the yield increases by 30 basis points, the price of the bond falls to $1,140. What is the duration of this bond
Answers
Answer:
8.53 years
Explanation:
Calculation for the duration of the bond
The first step is to calculate for Change in Bond Price
Change in Bond Price = -(30)/1,170
Change in Bond Price = -0.0256×100
Change in Bond Price =-2.56%
Second step is to find the Effective Duration
Effective duration = -0.0256/0.0030
Effective Duration = 8.53 years
Therefore the duration of this bond will be 8.53 years
Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
Answers
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
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Which of the following refers to the balance an account is always supposed to have?
Normal balance
Debits
Credits
Double-entry system
Answers
Answer:
Normal balance
Explanation:
Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification. Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.
Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.
Precise knowledge of prices and technology is a feature of this market structure.
O an oligopoly
O monopolistic competition
O perfect competition
O a monopoly
Answers
Precise knowledge of prices and technology is a feature of this market structure is perfect competition.
What Is Perfect Competition?In economic theory, the term perfect competition is known to take place when all firms are known to sell identical products, market share is said to not affect price.
Here, Firms are known to be able to enter or exit the market without barrier. The buyers is said to have perfect or full information, and firms cannot set prices.
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What is the main reason people do not budget? F. buyer remorse i. Straight Jacktet connotation k. ATM/debit card D. another one (wich one?) (Chapter 7 personal finance)
Answers
The biggest reason people frequently don't budget is due to buyer's remorse.
What results in buyer's regret?The feeling of regret after making a purchase is known as buyer's remorse. It frequently refers to the acquisition of an expensive item, such as a car or a piece of property. According to the notion, rising opportunity costs brought on by more options lead to buyer's remorse. Strong sentiments of dissonance and regret are produced by the compounding opportunity costs of alternative options.
What results in buyer's regret?According to the notion, rising opportunity costs brought on by more options lead to buyer's remorse. Strong sentiments of dissonance and regret are produced by the compounding opportunity costs of alternative options.
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To be eligible for federal grants to pay for college, a student must _____.
(PLATO CORRECT ANSWER ONLY)
A. attend either a public university or community college
B. complete one year of college in good standing
C. complete the FAFSA before the deadline
D. be able to pay more than half the tuition
Answers
When supply chain members that buy and sell to one another are not in agreement about their goals, roles, or rewards ________ channel conflict can occur.
Answers
When participants in a supply chain who buy from and sell to one another do not agree on their objectives, responsibilities, or rewards, discord or vertical channel conflict results.
What is Discord or vertical channel conflict?The Investors Book defines a channel partner dispute as "any dispute, difference, or discord occurring between two or more channel partners, where one partner's activities or operations harm the other channel partner's business, sales, profitability, market share, or comparable objective accomplishment."a means via which a manufacturer sells products such as hardware, software, and accessories directly to consumers: • Direct sales force — This is a channel where products are delivered directly from the producer or vendor to the final consumer, typically via a field sales force that has received professional training.Partners may have a wider network, but some of them may also share a network, which could cause conflict. Carefully choosing partners to prevent oversaturation and turf conflicts is essential for preventing both vertical and horizontal channel conflict.To learn more about Discord or vertical channel conflict refer to:
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Salma got a prepaid debit card with $20 on it. For her first purchase with the card, she bought some bulk ribben at a craft store. The price of the nbbon was 17 cents per yard. If anee that purchase there was $11.84 left on the card, how many yards of nbbon did Saima buy?
Answers
Salma bought approximately 48 yards of ribbon.
Salma started with a prepaid debit card containing $20. After making her first purchase, there was $11.84 left on the card. By subtracting the remaining balance from the initial amount, we find that she spent $8.16 on the ribbon. Since the price per yard of ribbon was $0.17, we can divide the amount spent by the price per yard to determine the number of yards bought, which is approximately 48 yards. Salma purchased bulk ribbon from a craft store using a prepaid debit card with an initial balance of $20. After the purchase, the remaining balance on the card was $11.84. To calculate the number of yards of ribbon she bought, we subtracted the remaining balance from the initial balance, which gave us $8.16. Since the price per yard of ribbon was 17 cents, we divided the total amount spent ($8.16) by the price per yard (17 cents) to find that Salma bought approximately 48 yards of ribbon.
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CASE STUDY: How Frooition cut marketing costs 65% via smart SEM Link: http://www.digitaltrainingacademy.com/casestudies/2016/02/search_case_study_how_frooition_cut_marketing_costs_65_via_smart_sem.php 10 POINTS 1. Why was this campaign trying to reduce the number of impressions?
40 POINTS 2. Which aspects of best practice were used to achieve the desired effect (ie how did they achieve their goals)? List at least 4 of the best practice techniques used to accomplish their goals.
Answers
By implementing these best practice techniques, Frooition was able to optimize their SEM campaigns, reduce marketing costs, and achieve their desired goals.
1. The
campaign
aimed to reduce the number of impressions because a high number of impressions does not necessarily guarantee a high number of clicks or conversions. By reducing the number of impressions, Frooition could focus on targeting a more specific and relevant audience.
This would result in higher click-through rates and more
efficient
use of their marketing budget.
2. To
achieve their goals
, Frooition utilized several best practice techniques.
These techniques included:
-
Keyword optimization
: Frooition conducted thorough keyword research to identify the most relevant and high-performing keywords for their campaign. By using targeted keywords in their ad campaigns, they were able to reach a more specific audience and improve the effectiveness of their ads.
-
Ad copy optimization
: Frooition created compelling and persuasive ad copy that resonated with their target audience. They focused on highlighting the unique selling points of their products or services to attract the attention of potential customers.
-
Ad scheduling
: Frooition strategically scheduled their ads to appear during times when their target audience was most likely to be online and receptive to their message. This helped maximize the visibility and impact of their ads.
- Ad targeting:
Frooition employed advanced targeting techniques to reach their desired audience. They utilized demographic targeting, geographic targeting, and interest-based targeting to ensure that their ads were shown to the right people at the right time.
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all three level of professionals are required to run an organization or a business is smoothly classified as a statement
Answers
All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.
Answer:
It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.
The three levels of professional required are:
Top-level management
Middle-level management
Low-level management
Explanation:
Top-Level Management
Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.
Middle-Level Management
Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.
Low-Level Management
Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.
Management, can anyone help me?
Answers
I think it is C I looked up some stuff and they all add up to C
the first step in the target market selection process is
Answers
compute the value of the following modular expression using modulo reduction. your answer must be a specific mod 16 number, not a formula or expression of any kind. 757 mod 9
Answers
Modular reduction is a technique used in modular arithmetic to reduce a large number of mod N to its smallest equivalent number.
In general, the result obtained after applying the modulo function is the remainder of the division between the dividend and the divisor. In other words, the modulo operation computes the remainder of a division. For example, let’s say we want to compute 757 mod 9, then:757 = 9 * 84 + 1So, 757 mod 9 = 1.
A modular arithmetic system is an essential concept in number theory and abstract algebra. In computer science, modular arithmetic is used in cryptography, computer graphics, and computer vision, to name a few. Modular arithmetic works similarly to ordinary arithmetic except that operations are carried out with a fixed number, known as the modulus, rather than an arbitrary number.
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which of the following commodities is a product of the primary or extractive industry
A. Cars
B. Gold
C. Hair Processing
D . Houses
Answers
a financial services company recently launched an initiative to improve the security of its aws resources and it had enabled aws shield advanced across multiple aws accounts owned by the company. upon analysis, the company has found that the costs incurred are much higher than expected.
Answers
Consolidated billing isn't enabled. All AWS accounts should be subject to a single consolidated billing in order for the monthly fee to be charged only once.
What exactly is AWS consolidated billing?
Consolidated billing in AWS Organizations allows you to combine invoicing and reimbursement for multiple AWS accounts or numerous Amazon Internet Services Pvt. Ltd (AISPL) accounts. Each entity in AWS Organizations has a management account that covers all of the member accounts' charges.
The benefit is that you only have to pay one bill for all of your organization's AWS accounts. It facilitates cost tracking. Discounts that are shared across accounts. The maximum number of accounts allowed per organization is four.
Here is the complete question-
A financial services company recently launched an initiative to improve the security of its AWS resources and it had enabled AWS Shield Advanced across multiple AWS accounts owned by the company. Upon analysis, the company has found that the costs incurred are much higher than expected.
Which of the following would you attribute as the underlying reason for the unexpectedly high costs for AWS Shield Advanced service?
A. AWS Shield Advanced is being used for custom servers, that are not part of AWS Cloud, thereby resulting in increased costs
B. Consolidated billing has not been enabled. All the AWS accounts should fall under a single consolidated billing for the monthly fee to be charged only once
C. AWS Shield Advanced also covers AWS Shield Standard plan, thereby resulting in increased costs
D. Savings Plans has not been enabled for the AWS Shield Advanced service across all the AWS accounts
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if the cost of the beginning work in process inventory is $63,000, direct materials cost is $353,000, direct labor cost is $219,000, and overhead cost is $322,000, and the ending work in process inventory is $58,000, calculate the cost of goods manufactured.
Answers
Cost of goods manufactured = Beginning WIP + Costs added - Ending WIP
= 56,000+346,000+212,000+315,000-51,000
=$878,000. Hence, option D is appropriate.
What is the WIP?
The terms "work in process,"(WIP) "work in progress," "goods in process," and "in-process inventory" all relate to the worth of an industry's partially finished goods that are awaiting completion and potential sales. WIP is a vital input for computing inventory on even a company's balance sheet and is utilized in supply chain management.
You would need to manually count each object and calculate the valuation to determine the WIP correctly. Fortunately, you can calculate a precise estimate using the work-in-process formula. The formula is: Ending WIP Inventory = Starting WIP Inventory + Manufacturing Costs - COGM.
Hence, option D is correct.
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Full Question:-
If the cost of the beginning work in process inventory is $56,000, direct materials cost is $346,000, Direct labor cost is $212,000, Overhead cost is $315,000, and the Ending work in process inventory is $51,000, Calculate the cost of goods manufactured:
a) $980,000.
b) $563,000.
c) $873,000.
d) $878,000.
e) $929,000.
3. Which of the following is consistent with the basic economic postulate that incentives
matter?
Consumers buy fewer cars when the price of cars rises.
a.
b. Farmers produce less corn when corn prices decline.
C. A politician votes for a subsidy when it is in the best interest of a special interest group
within his district even if it might harm other voters.
d. All of the above.
Answers
All of the given option are consistent with the basic economic postulate that incentives matter.So, option (d) is correct answer.
What is economic incentives?Economic incentives are financial perks offered to individuals to change their patterns of consumption and output in an economy. Most often, economic incentives are used to alter people's behavior such that desired results appear naturally.
Economics as a whole is based on the straightforward tenet that shifts in incentives have predictable effects on how people behave. Incentives are influenced by both monetary and non-monetary factors.
People will be less inclined to select something if it becomes more expensive. In turn, consumers will be more inclined to select an alternative as the benefits associated with it grow. This straightforward notion, often known as the basic postulate of economics, is an effective tool because it pertains to practically everything we do. Less people will select an option as it grows more expensive.
So, above postulate is satisfied by all options given to us.
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How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answers
Answer:22 years
Explanation:
Why does the quantity of salt demanded tend tobe un responsive to changes in its price
Answers
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
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A record company went out of business because too many of its customers downloaded its music illegally from the internet rather than purchasing the digital copy from the record company. This instance serves as an example of:
A. market power.
B. inefficient trade.
C. the invisible hand at work.
D. inadequate enforcement of property rights.
Answers
The instance described, where a record company went out of business due to customers downloading its music illegally from the internet, serves as an example of **D. inadequate enforcement of property rights.**
In this scenario, the record company's inability to protect its intellectual property rights, specifically the rights to its music, led to significant losses in revenue. The customers choosing to download the music illegally instead of purchasing it demonstrates a lack of respect for the company's property rights. The insufficient enforcement of laws and regulations surrounding intellectual property rights, such as copyright infringement, allowed this behavior to persist and ultimately contributed to the downfall of the record company. Adequate enforcement of property rights is crucial for protecting the interests of businesses and incentivizing innovation and creativity.
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Pineapple whip, a company that makes an ice cream-like treat using pineapple, sells its branding, production techniques, and proprietary flavors to other companies for a fee and a share of the profits. Pineapple whip is engaged in.
Answers
In this context, the Pineapple whip is engaged in a business arrangement called Franchising.
What is Franchising?Franchising is a business arrangement where the franchisor (one party) grants some rights and authorities to the franchisee.
In this case, the franchisee will pays a fee to the franchisor because he is using the business's success, trademarks, proprietary knowledge etc.
In conclusion, the Pineapple whip is engaged in a business arrangement called Franchising.
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How the business can use creative thinking to solve business problems
Answers
Explanation:
Creative thinking helps you to see opportunities in the marketplace or come up with a unique solution to a problem—and isn’t this the cornerstone of any business?
Creativity is key to innovation. When issues come up, you’ll be able to think of ways over, under, or through the roadblocks.
Creativity stimulates the brain and helps us to wake up and pay attention. Noticing more of what’s around us aids in developing novel approaches to help your business stand out.
Creative thinking helps you keep your business presence fresh. You’ll be able to constantly reinvent your business in order to stay in your customers’ awareness.
Creativity helps you shift your perception so you can better understand your customers’ point of view.
Creativity gives you a higher tolerance for risk—you’re used to working through fear of failure.
Creativity improves your leadership skills. Being an effective leader means being creative in your approach and problem-solving. When you have the capacity to let go of the outcome and be open to out-of-the-box thinking, you free your business team up for generating new ideas.
Creativity helps you to broaden your vision of what it means to be successful in your business—what it can offer to the world.
Creativity strengthens your resilience. When those inevitable stressful periods come up, you’re able to bounce back faster instead of getting derailed.
Creativity invites flow and feels good, and when you feel good, you attract your ideal customers and clients.
Can you creatively think of even more ways that creativity can help your business?
At the beginning of every shift, Cody records the amount of pizza sauce in inventory. At the end of every shift, he records the number of pizzas made and the amount of pizza sauce left in inventory. Why would he do this?A) So he can determine if employees are taking sauce home.B) So he can compare the quantity used with the budgeted amount.C) So he will know how much pizza sauce to order.D) So he will know how many customers visited his pizza parlor during his shift.
Answers
Answer:
B) So he can compare the quantity used with the budgeted amount
Explanation:
For a business to keep making profit it needs to ensure that the amount of materials it is using in its production process is within a defined limit. So it sets up a budget to guide the amount of raw materials to be used.
In this scenario Cody records the amount of pizza sauce in inventory. At the end of every shift, he records the number of pizzas made and the amount of pizza sauce left in inventory.
This is done to compare quantity of raw materials used to the given budget of the business.
This check will make sure that the business stays profitable.
How much do you need to invest each month to reach a savings goal of $550,000 at the end of 25 years, if you invest in an annuity that pays 3% interest, compounded monthly
Answers
To calculate the monthly investment needed to reach a savings goal using an annuity, we can use the formula for the future value of an ordinary annuity:
FV = P * [(1 + r)^n - 1] / r
$550,000 = P * [(1 + 0.03)^300 - 1] / 0.03
550,000 = P * [1.03^300 - 1] / 0.03
550,000 = P * [299.698] / 0.03
550,000 = P * 9,989.9333
P = 550,000 / 9,989.9333
P ≈ $55.06
Therefore, you would need to invest approximately $55.06 each month to reach a savings goal of $550,000 at the end of 25 years, assuming a 3% interest rate compounded monthly.
Learn more about investment here : brainly.com/question/14921083
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