The statement that is true is II. Although a hedge might not be perfect, it should be partially effective if the spot and futures prices move in opposite directions. A hedge is a mechanism that averts the risk of price movements of an asset. When an investor hedges, it means that they protect themselves against the potential loss that might occur in the future.
However, a hedge might not be perfect. A hedge can be partially effective, which means it may not fully protect an investor from a potential loss. Hedging involves taking an opposite position in the market. A hedge can be done using futures or options markets. One way to hedge is to short a futures contract, which means selling a futures contract that one does not possess, hoping that the price of the asset will fall. This action is called a short hedge, and investors use it to protect against stock price movements.
A hedge, although may not be perfect, should be partially effective if the spot and futures prices move in opposite directions. Hedging is a risk management strategy used by investors to protect themselves against potential losses caused by price movements of assets. A hedge is not always perfect but can be partially effective, meaning it may not fully protect the investor from a potential loss.
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What is an example of SECONDARY market research
Answer:
News articles and Reports
Explanation:
its how they draw their data
Answer: Market research that's already compiled and organized for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.
Explanation: Secondary research uses outside information assembled by government agencies, industry and trade associations, labor unions, media sources, chambers of commerce, and so on. It's usually published in pamphlets, newsletters, trade publications, magazines, and newspapers. Secondary sources include the following: public and commercial sources
Which is the most accurate definition of body language?
Answer:
The process of communicating nonverbally through conscious or unconscious gestures and movements
Super Fast Shipping Corp. (SFS) is planning its cargo for its next shipment to Ghana. It has agreed to transport four agricultural commodities but may choose how much of each to carry to provide the highest possible profits. The four commodities are as follows: Tons Volume per Ton Profit per Commodity Available (Cubic feet) Ton 1 4800 40 70 2 2500 25 50 3 1200 60 60 4 1700 55 80 The ship has three cargo holds with the following capacities: Cargo Weight Volume Hold Capacity (tons) Capacity (cu ft) Forward 3,000 145,000 Center 6,000 180,000 Rear 4,000 155,000. More than one type of commodity can be placed in the same cargo hold. However, because of balance considerations, the weight in the forward cargo hold must be within 10% of the weight of the rear cargo hold, and the center cargo hold must be between 40% and 60% of the total weight on board. (a) Define the variables and objective function for this Linear Programming problem. (b) Define the constraints. (c) Set up the Linear Programming model in an Excel spreadsheet. (d) What is the optimal solution?
The problem at hand involves Super Fast Shipping Corp. (SFS) planning its cargo for the next shipment to Ghana. SFS wants to maximize its profits by determining the optimal allocation of four agricultural
The objective is to find the combination of commodities that yields the highest possible profits. The variables in the linear programming problem include the amounts of each commodity to be carried in the cargo holds.
The objective function is to maximize the total profit. The constraints involve the weight and volume capacities of the cargo holds, as well as the balance requirements between the cargo holds.
(a) Variables: Let x1, x2, x3, and x4 represent the tons of commodities 1, 2, 3, and 4, respectively, allocated to the cargo holds.
Objective function: The objective is to maximize the total profit, which can be expressed as:
Maximize: 70x1 + 50x2 + 60x3 + 80x4 (representing the profit per ton for each commodity)
(b) Constraints: The constraints are as follows:
Weight constraints:
Forward hold weight: x1 + x2 + x3 + x4 ≤ 3,000 (tons)
Center hold weight: x1 + x2 + x3 + x4 ≤ 6,000 (tons)
Rear hold weight: x1 + x2 + x3 + x4 ≤ 4,000 (tons)
Volume constraints:
Forward hold volume: 40x1 + 25x2 + 60x3 + 55x4 ≤ 145,000 (cubic feet)
Center hold volume: 40x1 + 25x2 + 60x3 + 55x4 ≤ 180,000 (cubic feet)
Rear hold volume: 40x1 + 25x2 + 60x3 + 55x4 ≤ 155,000 (cubic feet)
Balance constraints:
Weight balance: 0.9(Weight of rear hold) ≤ Weight of forward hold ≤ 1.1(Weight of rear hold)
Center hold weight as a percentage of total weight: 0.4(Total weight) ≤ Weight of center hold ≤ 0.6(Total weight)
(c) Setting up the Linear Programming model in an Excel spreadsheet involves entering the objective function and constraints in separate cells, and using the Solver tool to find the optimal solution by maximizing the objective function while satisfying the given constraints.
(d) The optimal solution, obtained through solving the Linear Programming problem, will provide the specific allocations of tons of each commodity to the cargo holds that yield the highest possible profits while satisfying the weight, volume, and balance constraints.
The exact solution will depend on the specific values and calculations in the Excel spreadsheet.
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Mr. Chopra decides to sell his business shares to the public to acquire additional finance. Under which component in the balance sheet should Mr. Chopra show the money he obtained from the shareholders?
When Mr. Chopra sells his business shares to the public and acquires additional finance, the money obtained from the shareholders should be shown under the "Equity" component in the balance sheet.
The component in the balance sheet should Mr. Chopra show the moneyEquity represents the ownership interest in a company, and it includes the funds contributed by shareholders in exchange for shares of the company's stock. When shares are sold to the public, the proceeds from the sale increase the equity of the business. This is typically reflected as "Share Capital" or "Common Stock" in the equity section of the balance sheet.
By showing the money obtained from the shareholders in the equity section, Mr. Chopra can accurately represent the ownership stake and financial position of the company.
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T/F. When comparing investment alternatives, the standard deviation is deemed to be a measure of risk.
True
When comparing investment alternatives, the standard deviation is deemed to be a measure of risk is true.
Standard deviation is a statistical measure of the amount of variability or dispersion around an average. In the context of investment, it is used to measure the volatility of an investment's returns.
The higher the standard deviation, the higher the potential for risk and the greater the potential for higher returns. Conversely, the lower the standard deviation, the lower the potential for risk and the lower the potential for higher returns.
Therefore, when comparing investment alternatives, the standard deviation is an important factor to consider as it provides insight into the potential risk and return of an investment.
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HELP A GURL OUT! Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
PLZ ANSWER I NEED HELP!!!
Answer:
Decline the offer
Explanation:
I would most likely decline the offer. The fact that he is selling for higher but is willing to go 10% proves the meat isn’t worth the more money. I would stick with my current supplier. Unless there is a significant difference between the meats, there is no reason for him to be selling it any higher than his competitors and the fact that he is offering a discount proves that.
true or false: 1. financial statements are the principal means through which a company communicates its financial information to those outside it
True.
Financial statements are the primary means through which a company communicates its financial information to those outside of the company, such as investors, creditors, and other stakeholders.
Financial statements provide a summary of the financial performance and position of a company over a specified period. There are three primary financial statements: the balance sheet, the income statement, and the cash flow statement.
These statements provide information about the company's assets, liabilities, equity, revenue, expenses, and cash flows. Investors and creditors use financial statements to evaluate the financial health of a company and make decisions about whether to invest or lend money.
Other stakeholders, such as employees, suppliers, and customers, may also use financial statements to assess the company's financial stability and future prospects.
In conclusion, financial statements are an essential communication tool for companies to disclose their financial information to external parties, and they are an important aspect of financial reporting and accounting.
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Why is price important to a company?
A.
It covers their costs.
B.
It is a part of the marketing mix.
C.
It makes customers purchase their products.
D.
It brings the company profits and decides its ability to survive in the market.
Answer:
B. It is a part of the marketing mix.
Explanation:
Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
Price is important to a company because it is a part of the marketing mix.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.
List the six areas of interest.
Answer:
Six areas of interest are: building,thinking,creating,holding, persuading and organizing.
Explanation:
the greater the dash the easier the object will move
Answer:
correct. its true and I absolutely agree with you. good job
Explanation:
Bc y=2x-1^3 is the equation
The highest yielding savings accounts are paying historically low interest rates, so Maria is only able to get a 1% annual interest rate for her savings account. Assuming interest rates do not change, use the Rule of 72 to approximate how many years it will take for her to DOUBLE her money in this account?
Using the rule of 72 it is going to take Maria a period of 72 years in order to be able to double the money that is in her account.
What is the rule of 72?This is the term that is used to refer to the rule that helps to tell us of the number of years that would be needed in order to be able to double the amount of invested money of a person.
The formula for the rule of 72 is given as
t = 72 / r
where
t = years
r = rate in percentage
Hence we can say that
72 / 1%
Hence the period that it would take to double the money would be 72 years.
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the fed plans to raise the discount rate to 7% this indicates that: a. bank borrowing funds from the fed will now pay 7% on the amount they borrow
b. banks must hold funds in their vault or on deposit with the fed equal to at least 7% of their deposits.
c. the fed will pay 7% on any securities issued by the federal government during the current time period. d. the amount of money in circulation can be no more than 7% greater than the amount of gold held in reserve by the government.
Answer:
a
Explanation:
BC they plan to raise the discount 7%
Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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Should I start my final exam? im kinda scared ill get a bad grade lol. anyways, I hope everyone is doing great.
Answer:
do it lol putting more words because its requireddddd
Answer:Yes you should and dont be scared just try your hardest. Also i am doing great what about you ?
Explanation:
Estimated cost and operating data for three companies for the upcoming year follow:
Predetermined overhead rates are computed using the following allocation bases in the three companies:
(b) Assume that Company X works on three jobs during the upcoming year. Direct labor-hours recorded by job are: Job 418,12,000 hours; Job 419,36,000 hours; and Job 420,30,000 hours. How much overhead will the company apply to Work in Process for the year? If actual overhead costs total 530,000 for the year, will overhead be underapplied or overapplied? By how much?
Estimated cost and operating data for three companies for the upcoming year the Predetermined Overhead Rate:
Calculation is attached in the image.
The foreordained overhead charge may be a plantwide overhead fee based on the assessed add as much as overhead fetched and the evaluated upload as much as overhead driver. The charge is utilized to apply overhead costs to employments in a task-order costing framework.
First, we want to determine the predetermined overhead fee:
Predetermined production overhead rate= total envisioned overhead expenses for the period/ overall amount of allocation base.
Now, to calculate the over/under allocation, first, we need to allocate overhead for the entire employer.
allotted MOH= predicted
production overhead fee* real quantity of allocation base.
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During which step of the marketing plan do marketers make important decisions about how they will allocate their scarce resources to their various products and services?.
During the implementation of the marketing mix in the plan, professionals are able to make more effective decisions about allocating resources to their products and services.
Marketing mixCorresponds to a technique that serves to influence the potential public to consumer the products and services of a brand, through the implementation of strategies that help to achieve positive results.
There are four relevant pillars in the marketing mix, which must be consistently established for a company to achieve its goals, which are:
ProductPricePlacePromotionTherefore, through the integration of the marketing mix a company can develop a focused strategy, strengthen the relationship with the consumer, publicize and strengthen its brand, generating value and competitiveness.
The correct answer is:
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Which of the following is not an example of professional behavior
?
Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
Bank Account Terms and Conditions
Bank Account terms and conditions. Bank A has a 0 dollar monthly fee.
Which checking account would be best for Irma?
Account A
Account B
Account C
Account D
Answer:
account A
Explanation:
2020 edg plz give a thumbs up
Answer:
A. Account A
Explanation:
You asked for an answer not an explanation ;)
What will be the end result for the taxpayer who filed his federal income tax return.
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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Which of Electrolux's foreign investments would be horizontal and which would be vertical? What are the advantages of each?
Answer:
The integration or growth of a company can occur horizontally or vertically, depending on whether it acquires competing companies that develop their business in parallel (horizontal integration), or it acquires companies or businesses that are in a different stage of the production process (companies that generate raw materials, transport, marketing, etc.).
Thus, if Electrolux expands its business by acquiring a competitor such as Whirlpool, it will be a case of horizontal integration. In contrast, if Electrolux acquires a company dedicated to the marketing of products, such as Best Buy, it will be a case of vertical integration.
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers.
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority.
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers.
D. A market economy is determined by consumers and a command
economy is determined by central authority.
Answer:
D: A market economy is determined by consumers and a command
economy is determined by central authority.
Explanation:
Because command economy the government own the factors of production such as land, capital, and resources.
which of the following is also known as profit and loss statement?
net worth ledger
liability statement
income statements
transaction ledger
Another name for the profit and loss statement is the income statement.
The income statement is a financial statement that is used to record a firm's income and expenses in a given year. It contains information on the total profit or loss of a firm.
A balance sheet is a financial statement that contains information on a reports company's assets, liabilities and shareholders' equity at a point in time.
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John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
According to the efficient markets hypothesis, purchasing the reports of financial analysts is not likely to be an effective strategy for increasing financial returns. Group of answer choices True False
False. According to the efficient markets hypothesis (EMH), which is a theory in finance, financial markets are efficient and reflect all available information.
In an efficient market, the prices of assets, such as stocks, already incorporate all publicly available information, including the information contained in the reports of financial analysts. Therefore, it suggests that it is difficult for an individual investor to consistently outperform the market by using such information to make investment decisions.
However, it is important to note that the EMH has different forms: weak form, semi-strong form, and strong form. Each form makes different assumptions about the extent of market efficiency and the types of information that are already reflected in asset prices. In the weak form, the EMH suggests that historical price and volume data are already incorporated into stock prices, but future price movements are unpredictable. In the semi-strong form, the EMH suggests that all publicly available information is already reflected in stock prices. In the strong form, the EMH suggests that all information, including both public and private, is already incorporated into stock prices.
Therefore, while the EMH implies that purchasing the reports of financial analysts may not provide an edge in terms of increasing financial returns, it is important to consider the specific form of the EMH and the degree of market efficiency being assumed.
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what would we expect to happen to the price of bagels if the price of flour decreased and the price of cream cheese decreased
The price of bagels if the price of flour decreased and the price of cream cheese decreased ----A decrease in the price of flour would cause the quantity of bagels to increase.
The given two products are substitute, so the demand for cream cheese would shift to the right allowing the equilibrium price to increase. Consequently , a decrease in the price of milk wouldn't satisfy the given condition.
Substituted goods:Substitutes are goods where you can consume one in place of the other. The prices of reciprocal or substitute goods also shift the demand wind. When the price of a good that complements a good diminishments, also the volume demanded of one increases and the demand for the other increases.
Are Pepsi and Coke substitutes?Pepsi and Coke are considered substitutes because they're used to satisfy the same need, and they're both tonics. One of the reasons why people may prefer Coke to Pepsi or vice versa is price differences. When the price of Coke is high, guests tend to switch to Pepsi and vice versa.
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A company plans to invest in a new manufacturing project over the next 11 years. The project will require an initial investment of $70,000, and an additional investment of $24,000 in Year 4. Starting in Year 2, the company will reduce their labour costs by $14,000 a year for the next 5 years, and $6000 a year for the next 3 years. At the end of the project, there will be a residual value of $26,000.
If the company’s cost of capital is 10%, calculate the net present value for this project. (Show ALL Cash Flow entries in the table provided.)
Should the company undertake the project? Explain your answer.
The net present value of the project is positive ($53,870.53), the company should undertake the project because it is expected to generate a positive return on investment.
Given,
Initial investment = $70,000
Additional investment = $24,000
Labour costs:
Year 2-6 = $14,000
Year 7-9 = $6,000
Residual value = $26,000
Cost of capital = 10%
The net present value for this project can be calculated using the following steps:
Calculate the cash flows for each year
Year 0 Cash flow = - Initial investment
= -$70,000
Year 1 Cash flow = 0
Year 2 Cash flow = - Labour cost reduction + Cash inflow
= -$14,000 + $26,000 / (1 + 0.10)²
= $22,727.27
Year 3 Cash flow = - Labour cost reduction + Cash inflow
= -$14,000 + $26,000 / (1 + 0.10)³
= $20,661.16
Year 4 Cash flow = - Additional investment - Labour cost reduction + Cash inflow
= -$24,000 - $14,000 + $26,000 / (1 + 0.10)⁴
= $5,444.98
Year 5 Cash flow = - Labour cost reduction + Cash inflow
= -$14,000 + $26,000 / (1 + 0.10)⁵
= $19,737.56
Year 6 Cash flow = - Labour cost reduction + Cash inflow
= -$6,000 + $26,000 / (1 + 0.10)⁶
= $18,119.08
Year 7 Cash flow
= - Labour cost reduction + Cash inflow
= -$6,000 + $26,000 / (1 + 0.10)⁷
= $16,472.80
Year 8 Cash flow = - Labour cost reduction + Cash inflow
= -$6,000 + $26,000 / (1 + 0.10)⁸
= $14,794.22
Year 9 Cash flow = - Residual value - Labour cost reduction + Cash inflow
= -$26,000 - $6,000 + $26,000 / (1 + 0.10)⁹
= $5,313.45
NPV = -$70,000 + $22,727.27 + $20,661.16 + $5,444.98 + $19,737.56 + $18,119.08 + $16,472.80 + $14,794.22 + $5,313.45
= $53,870.53
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Q1. Check whether the statement is true or false
1) If r = 0.1 now and forever, then the most that should be paid now for a console that provides $1000 per year is: 1,000
2) When a consumer has a quasilinear utility, the compensating variation = equivalent variation = change in consumer surplus.
3) The fraction of a quantity tax paid by buyers rises as supply becomes more own-price elastic
4) The loss total surplus is the tax deadweight loss
5) When prices are (P1, P2) = (2, 1) a consumer demands (X1, X2) = (1, 2), and when prices are (q1, q2) = (1, 2) the consumer demands (y1, y2) = (2, 1). This behavior is inconsistent with the model of maximizing behavior.
The most that should be paid for the console is $10,000, not $1,000.
Compensating variation, equivalent variation, and change in consumer surplus are equal in the context of quasilinear utility.
1) False. The most that should be paid now for a console that provides $1000 per year can be determined using the concept of present value. The present value of future cash flows depends on the discount rate used. If the discount rate is 0.1 (or 10%), the present value of $1000 per year would be calculated as $1000 / 0.1 = $10,000. Therefore, the most that should be paid now is $10,000, not $1,000.
2) True. In the context of quasilinear utility, the compensating variation (CV) and equivalent variation (EV) both represent the change in consumer surplus resulting from a price change. Since utility is quasilinear, changes in consumer surplus are equal to changes in individual utility. Therefore, the compensating variation is equal to the equivalent variation, and both are equivalent to the change in consumer surplus.
3) True. The fraction of a quantity tax paid by buyers increases as supply becomes more own-price elastic. When supply is more elastic, sellers can more easily shift the burden of the tax onto buyers by adjusting the price. In contrast, when supply is less elastic, sellers have limited ability to shift the tax burden, resulting in buyers bearing a smaller fraction of the tax.
4) False. The tax deadweight loss represents the loss of economic efficiency caused by a tax. It is the reduction in total surplus (the sum of consumer surplus and producer surplus) due to the distortions created by the tax. While the tax deadweight loss contributes to the overall loss of total surplus, it does not encompass the entirety of the loss.
5) True. The consumer's behavior as described in the question is inconsistent with the model of maximizing behavior. In the standard model of consumer behavior, consumers maximize their utility subject to their budget constraint. The behavior described in the question violates the law of demand since the consumer is demanding more of a good when its price increases and vice versa, which is contrary to the typical behavior observed in utility-maximizing models.
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Bebarly appreciates compliments about her new photography business but really values constructive criticism, as she can then address particular issues. According to Julian Rotter, Bebarly has a(n)
Assuming Bebarly appreciates compliments about her new photography business but really values constructive criticism. According to Julian Rotter, Bebarly has a(n): internal locus of control.
What is internal locus of control?Internal locus of control can be defined as the way in which a person or an individual believe that whatsoever happen to them is as a result of their own capabilities.
A person with Internal locus of control personality will tend to believe that their action is what lend to the positve result they had just as in the case of Bebarly.
Inconclusion according to Julian Rotter, Bebarly has a(n): internal locus of control.
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Which are guidelines for using Themes?
Check all that apply.
A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
D. Be consistent with themes across worksheets and workbooks.
E. Applying a new theme will only change cells in a workbook that have no other formatting applied.
Answer:
I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks
Statements that explains the guidelines when using a Theme are: A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
WordPress theme can be regarded as a group of files, these file can contains graphics, style sheets as well as code, which will give overall appearance of a blog or website.In using this, we can follow some guidelines such as; making use of more than a cell can help in differentiatiation of different types of data, default themes cannot be customized, and the selection of fonts should be made carefully.Therefore, option, ABC are correct.
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Corinne works in procurement for a major electronics company. One of her challenges is ensuring that raw metals, such as tungsten, coltan, and tantalum, are not being sourced from mines whose profits are used to finance war lords and terrorists. She’s very excited to work with a new company that uses _______, an incorruptible digital recordkeeping system to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".
Corinne is very excited because she works with a new company that uses due diligence to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".
What is Due Diligence?This refers to the conscious steps which a person takes in order to ensure that he is not committing an offense or taking a good background check.
Hence, we can see that because of Corinne's work with a major electronics company, she is charged with doing due diligence on the raw materials to ensure that they are not "conflict metals. ".
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