You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products: penguin patties, raskels, and kipples. All of these products have been on the market for some time, but, to entice better sales, Run-of-the-Mills wants to try a new advertisement that will market two of the products that consumers will likely consume together. As a former economics student, you know that complements are typically consumed together while substitutes can take the place of other goods. Run-of-the-Mills provides your marketing firm with the following data: When the price of penguin patties decreases by 5%, the quantity of raskels sold decreases by 4% and the quantity of kipples sold increases by 6%. Your job is to use the cross-price elasticity between penguin patties and the other goods to determine which goods your marketing firm should advertise together.

Complete the first column of the following table by computing the cross-price elasticity between penguin patties and raskels, and then between penguin patties and kipples. In the second column, determine if penguin patties are a complement to or a substitute for each of the goods listed. Finally, complete the final column by indicating which good you should recommend marketing with penguin patties.


Relative to Penguin Patties

Cross-Price Elasticity of Demand Complement or Substitute Recommend Marketing with Penguin Patties (Yes or No)
Raskels
Kipples

Answers

Answer 1

Answer: Please refer to Explanation

Explanation:

Cross Price Elasticity of Demand measures the responsiveness of Quantity demanded of one good to the price of another good.

Remember that according to the laws of Supply and Demand when prices rise, demand drops.

When the Cross Price Elasticity is POSITIVE, it is said that the goods are SUBSTITUTES because a price increase (decrease) in one leads to more (less) of the other being demanded because they can be switched for one another like Coke and Pepsi.

When Cross Price Elasticity is NEGATIVE however then the goods are COMPLIMENTS because an increase (decrease) in the price of one good led to a reduction(increase) in demand of the other good. This proves that the goods compliment each other and so their demand moves in the same direction.

Raskals and Penguin Patties.

Cross Price ED (Raskals and Penguin Patties) = Percentage change in quantity demanded of Raskals/ Percentage change in price of Penguin Patties

Cross Price ED (Raskals and Penguin Patties) = -4%/-5%

= 0.8

This is positive so Penguin Patties and Raskels are Substitutes albeit weak ones.

Kipples and Penguin Patties.

Cross Price ED (Kipples and Penguin Patties) = Percentage change in quantity demanded of Kipples/ Percentage change in price of Penguin Patties

Cross Price ED (Kipples and Penguin Patties) = 6%/-5%

= -1.2

As it is a negative figure, Penguin Patties and Kipples are Compliments albeit weak ones as well.


Related Questions

2. In designing their strategy, most
international firms have to decide
whether they want to enter markets
incrementally (the waterfall approach)
shower
or simultaneously (the
approach). As a
international marketing,
student
of
what will be
your key arguments for choosing
either of such approaches.

Answers

The majority of global businesses must determine whether they wish to simultaneously enter markets or do it incrementally (the waterfall technique) (the approach). What will be your main justifications for deciding on one of these strategies, as a student of international marketing?

The Waterfall Strategy: This method allowed businesses to take advantage of the market; often beneficial structure small businesses need more resources to cover several industries at once.  In a cascade system, the new product is often introduced in stages as follows: first in the organization's home market, then in other developed markets, and last in less developed areas. After completing the initial phase, the company should evaluate the new locations that it will use to market its products; the introduction to each market will be completed step by step, taking into account how this market should be similar to the commercial center where the product is currently found.  The following are the main advantages of using the cascade technique:

• Enables firms with limited resources to start their internationalization cycle gradually and choose the best method to enter new business sectors based on their interactions with each market.

• The level of risk is lowered because the company will approach each area in a staged manner and may decide to quit if they find any unhappiness with the product market.

• The item displays are continuously presented, and the item life cycle is increased:

Items that are nearing the end of their life cycle in the domestic market may enter other markets, increasing turnover and preventing item stockpiling.

Several drawbacks of this system include:

• Difficulties in the primary stage in the event that low achievement levels occur.

• Early imitation of the thing being displayed innovation (s)

Contrary to the cascade methodology, this approach, known as the concurrent system, searches for the advantages offered by every country at the same time. It takes into account that the time used to arrive to various business sectors is brief. However, some unique nation meetings may be entered before others.

The short pattern of the item requires more interest in R&D, which means that the organization has less of an ideal opportunity to amortize these costs. This type of procedure is somewhat complex because it is not difficult to adjust branches in other countries to create a fruitful section of the item in a short amount of time.

Shower protocol elements:

• Concurrent division into business segments

• Entry into the business sectors in a reasonably brief period of time; timeliness of the separation of useable issues;

· Establishing auxiliary

Benefits of the procedure include:

• Successful entry into industry sectors (also known as "amortization") for:

o quick invention and item cycles (for example semiconductors, PCs)

R&D processes might take a very long period.

• Ability to define market boundaries for competitors (by setting up a picture, for example).

profile)

the following basic flaws:

• Increasing need for co-appointment ("greatest" coordination issue)

• The need to promote co-appointment tools very fast.

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Nellie Raysan’s monthly budget allows her to spend $150 for entertainment. In February she spent $27. How much more or less did she spend than budgeted?

Answers

she spent $123 less

6. Which of the following situation of a particular firm allows increased dividend payout ratio A. Strong capital impairment rule B. Higher possibility for external financing C. Need of additional finance in the firm D. Restrictive debt contract​

Answers

Of the options presented, the situation that would allow for an increased dividend payout ratio is likely to be B: Higher possibility for external financing. This means that the firm has access to external sources of funding that can be used to support dividends without having to rely solely on profits or accumulated earnings. This can be especially beneficial when the firm is looking to reward shareholders or attract new investors. However, it is important to note that the specific circumstances of each firm will ultimately determine the most appropriate dividend policy.

what is the most important contribution of the hawthorne studies

Answers

The Hawthorne studies taught managers that communication with the employees is essential for higher productivity and efficiency. One theory in the human relations subject which is criticised is Maslow's hierarchy of needs.


1. What is the purpose of a bank statement?

Answers

Answer:

to hold money on a account

Explanation:

Bank statements are a great tool to help account holders keep track of their money. They can help account holders track their finances, identify errors, and recognize spending habits.

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from
Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from

Answers

The implied earnings yield be 4.1%.

Thus, the correct option is B.

What do you mean by earnings?

The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.

EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.

Earnings are the sum of money that a person or organization receives over a specific time period.

They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.

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Albert established a qualified tuition program for each of his twins, Kim and Jim. He started each fund with $20,000 when the children were five years old. Albert made no further contributions to his children's plans. Thirteen years later, both children have graduated from high school. Kim's fund has accumulated to $45,000, and Jim's has accumulated to $42,000. Kim decides to attend a state university, which will cost $60,000 for four years (tuition, fees, room and board, and books). Jim decides to going to work instead of going to college. During the current year, $7,500 is used from Kim's plan to pay the cost of her first semester in college. Because Jim is not going to college now or in the future, Albert withdraws the $42,000 plan balance and gives it to Jim to start his new life after high school.

Required:
a. During the period since the plans were established, should Albert or the twins have been including the annual plan earnings in gross income?
b. What are the tax consequences to Kim and Albert of the $7,500 being used for the first semester's higher education costs?
c. Because of her participation in the qualified tuition program, Kim received a 10% reduction in tuition charges; so less than $7,500 was withdrawn from her account. Is either Albert or Kim required to include the value of this discount in gross income?
d. What are the tax consequences to Albert of Jim's qualified tuition program being closed?

Answers

Question attached

Answer and Explanation:

1. No. The earnings from the fund would not be included in gross income so long as it is for higher education expenses and has not been withdrawn for any other purpose.

2. There are no tax consequences since the $7500 is used for qualified higher education expenses

3. There are no tax consequences even there was a discountvor reduction in tuition as long as the qualifies tuition program funds was used for higher education expenses

4. If account is closed and for instance there is a refund, there are tax consequences as the excess interest over and above amount contributed must be included in gross income

Case

Demand/supply

To the right/left

More /less (Q)

Income decrease

1

2

3

Price of raw materials decrease

4

5

6

Price of competitors decrease

7

8

9



Fill in the blanks with the correct behavior of the demand/supply curves

Type in the number relevant to it's location when answering,

ex: 1= when income decreases, supply will... and demand will...

8= When competitors price decrease, the curve will shift to the ....

Answers

Answer:

Je ne sais pas

Explanation:

A teacher buys 4.25 ounces of a compound for an experiment. The compound costs $5.76 per ounce. The teacher pays with a $50 bill. How much change does the teacher receive?

Answers

Answer:

hi!!!

$21.88 is the answer!!!

hope it helps!!!


Explain 4 uses of national income


Answers

Answer:

1•Provide information on the types of factor incomes in the economy.

2•Provide statistics for measuring the economic growth of the country.

3•Provides information that is used to measure the standard of living in the country.

4•Provide information used for comparing economic performance of the country across two or more years

Is a measurement of the way suppliers respond to a change in price

Answers

Answer:

Elasticity

Explanation:

Elasticity of supply is a measure of the way suppliers respond to a change in price.  

Good Luck!

The refusal of the US Senate to ratify the ITO's charter "doomed" the International Trade Organization (ITO).


True or False

Answers

im not sure i think it may be false tho
True sry I’m late but yeah

Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?

Answers

If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.

Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.

This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.

After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.

The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public

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Help ASAP Please! Accounting class! Lorge Corporation has collected the following information after its first year of sales. Sales were $1,575,000 on 105,000 units; selling expenses $250,000 (40% variable and 60% fixed); direct materials $606,100; direct labor $250,000; administrative expenses $270,000 (20% variable and 80% fixed); and manufacturing overhead $357,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year.
(See screenshots)

Help ASAP Please! Accounting class! Lorge Corporation has collected the following information after its
Help ASAP Please! Accounting class! Lorge Corporation has collected the following information after its

Answers

Answer:

Lorge Corporation

Contribution margin for the current year

= $315,000 ($3 per unit)

Contribution margin for the proposed year = $346,500

Fixed costs for the current year = $473,100

Break-even units = 157,700 units

Break-even sales dollars = $2,365,500

Explanation:

a) Data and Calculations:

Sales revenue = $1,575,000  

Sales units = 105,000 units

Sales price per unit = $15 ($1,575,000/105,000)

                                                  Total        Variable               Fixed

Selling expenses =            $250,000     $100,000 (40%)   $150,000 (60%)

Direct materials                  $606,100       606,100

Direct labor                       $250,000       250,000

Administrative expenses $270,000          54,000 (20%)    216,000 (80%)

Manufacturing overhead $357,000       249,900 (70%)      107,100 (30%)

Total costs                       $1,733,100  $1,260,000              $473,100

Contribution margin for the current year = $315,000 ($1,575,000 - $1,260,000)

= $3 per unit

Unit sales = 115,500 (105,000 * 1.1)

Sales revenue = $1,732,500

Variable costs      1,386,000 ($15 - $3)

Contribution margin for the proposed year = $346,500 ($3 * 115,500)

Fixed costs for the current year = $473,100

Break-even units = $473,100/$3 = 157,700 units

Break-even sales dollars = $473,100/0.2 = $2,365,500

TRUE/FALSE. the income effect is the change in national income brought about by a change in intrest rates

Answers

The income effect is the change in national income brought about by a change in interest rates is true.

What Does an Interest Rate Mean?

The fee that a lender assesses on a borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is the usual unit used to express the interest rate on a loan (APR).

How come interest rates are rising?

A rise in the demand for credit or money will result in higher interest rates, while a fall in that demand will result in lower rates. The supply and demand of credit is a key driver of interest rate levels.

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A farmer has developed a new type of fertilizer. This new fertilizer costs 20
percent more to produce than the old fertilizer but has better results: The
same land now produces 25 percent more crops each year.
Which statement best describes one way the farm will be affected by using
this new fertilizer?
A. The farm's opportunity cost for using fertilizer will increase.
O B. The farm's marginal cost for fertilizer will decrease.
O C. The farm's opportunity cost for using fertilizer will degrease.
O D. The farm's marginal cost for fertilizer will increase.

Answers

Answer: The statement which best describes one way the farm will be affected by using  this new fertilizer is:

A. Marginal benefits will increase for each harvest.

Based on the given text, we can see that there is the development of a new type of fertilizer which was made by a farmer and there is a difference in cost which would have an effect.

With this in mind, we can see that because it costs 20% more to produce and has better results, then the effect this would have is that the marginal benefits would increase for each harvest.

Therefore, the correct answer is option A

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Which customer behavior should alert an employee to the possibility of shoplifting?

asking a lot of questions

aimless wandering

carrying a cell phone

shopping alone​

Answers

Answer:

Aimless wandering

Explanation:

Answer:

cybercrime

both employees and outsiders

Aimless wandering

A security guard

Many security breaches ........

intellectual property theft

stealing ideas, information, or creative products

add a watermark

embezzling

Who is a business letter not written by?

Answers

A business letter is not written Option C. between two private individuals.

A business letter is a formal letter used by businesses or companies to communicate with customers, clients, other companies, or government officials. It is used for various purposes, such as requesting information, placing orders, providing feedback, making inquiries, making claims, making offers, and more. Business letters are different from personal letters in that they are more formal, objective, and to the point.

Business letters are usually written by a company's employees who have the authority to do so. For instance, the sales team may write letters to prospective clients to solicit their business, while the human resources department may write letters to job applicants to inform them of their application status. There are various types of business letters, and each serves a different purpose. Some common types of business letters include:

1. Inquiry letters: Used to request information about products, services, or pricing.

2. Order letters: Used to place orders for goods or services.

3. Complaint letters: Used to make a formal complaint about a product or service.

4. Adjustment letters: Used to respond to a complaint or request for an adjustment.

5. Sales letters: Used to sell a product or service.

6. Acknowledgment letters: Used to acknowledge receipt of an order, complaint, or request.

7. Employment letters: Used to communicate with job applicants, employees, or ex-employees.

8. Invitation letters: Used to invite someone to an event or occasion.

9. Cover letters: Used to accompany a resume or job application.

Business letters are important because they create a record of communication between two parties, and they provide a paper trail of events. They are also important because they can be used in legal proceedings, as they show that the parties communicated about a particular matter. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

A business letter is not written

A. between a company and its customers or clients

B. between one company and another company

C. between two private individuals

D. to employees within a company to recognize important achievements

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5. Briefly describe the asymmetric information theory of capital structure. What are its implications for financial managers?

Answers

Answer:

According to the theory of asymmetric information applied to capital structure. because managers know more about the value of the firm than external investors, managers tend to favor a capital structure that is higher on equity (internal financing) than debt (external financing).

This asymmetric information may also lead them to benefit old investros over new investors.

If an individual has a balance on her credit card, but would like to pay less money in the long run, she should
O close her account and transfer her balance to a different credit card
O talk with her credit card company about removing her annual fee
O pay as much as possible each month
O make the minimum payment every month

Answers

Answer:

Pay as much possible each month.

Explanation:

If an individual has a balance on her credit card, but would like to pay less money in the long run, she should pay as much possible each month.

Hope this helps!

What is a "closing balance?
a.) The amountof money you have at the end of the statement period
b.)The amount of money you have when you close your account
c.)The amount of money you owe at the end of the statement period
d.)The amount of money waiting to be transferred out of your account

Faster pls​

Answers

Answer:

The answer is A

Explanation:

A closing balance is the amount of money a business has at the end of a specific time period.

Need help with question e.) discuss two possible medium to long term external sources of finance that IM could use to help solve its financial problems.

Need help with question e.) discuss two possible medium to long term external sources of finance that

Answers

IM (assuming it stands for a hypothetical company) could explore the following two external sources of finance to solve its financial problems in the medium to long term:

1. Venture Capital

2. Bonds

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7. Describe the ways in which multinational corporations are able to reduce their global exposure to tax liabilities. Be sure to identify the primary tools used and the potential financial benefits from successful tax management programs.

Answers

Answer:

Ways in which multinational corporations are able to reduce their global exposure to tax liabilities are given below

Explanation:

There are a lot of different ways of reducing global exposure to tax liabilities a multinational corporations can opt for. Some of the ways are mentioned below.

1. Transfer pricing is an strategy for setting a transaction price between the organizations under the same ownership or control.

2. Payments for intangibles is a strategy where no taxes are paid due to the keeping of intellectual property rights.

3. Profit shifting strategy is usually used to avoid large tax rates by transferring the profits to tax haven countries or areas where the tax rate is very low.

4. Corporate debt-equity is a strategy usually used for reducing taxable profits in high tax countries.

5. The Conduit technique is used by the organization to channel their money through a country to assist favorable tax rates.

   Benefits

High transparency and efficiency in all tax-related processes. Transaction costs can be minimized.

Airline Accessories has the following current assets: cash, $96 million; receivables, $88 million; inventory, $176 million; and other current assets, $12 million. Airline Accessories has the following liabilities: accounts payable, $86 million; current portion of long-term debt, $29 million; and long-term debt, $17 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.)

Airline Accessories has the following current assets: cash, $96 million; receivables, $88 million; inventory,

Answers

Answer and Explanation:

The computation of the current ratio and the acid ratio is shown below:

The current ratio is

= Current assets ÷ current liabilities

= ($96 + $88 + $176 + $12) ÷ ($86 + $29)

= $372 ÷ $115

= 3.23 times

And, the quick ratio is

= Quick assets ÷ current liabilities

= ($372 - $176) ÷  ($86 + $29)

= $196 ÷ $115

= 1.70 times

Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively

Suppose the CPI was 110 last year and is 121 this year.



Instructions: In part a, enter your answer as a whole number. In part b, round your answer to 1 decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.



a. What is this year’s inflation rate?
____ %

b. In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year’s inflation rate?
____ %
c. What term do economists use to describe this second outcome?
Inflation or Deflation

Answers

The inflation rate is 10%, which can be computed the second answer is -1.8%. third outcome called deflation.

How to calculate CPI?

a) The formula to CPI is

\(CPI= \frac{current CPI-past CPI}{past CPI}\)

\(CPI= \frac{121-110}{110}\)

CPI= 0.1 or 10%

b) \(CPI= \frac{current CPI-past CPI}{past CPI}\)

\(CPI= \frac{108-110}{110}\)

CPI= -0.18%

A decrease in the economy's overall price level is referred to as deflation, whereas a temporary slowdown in price inflation is known as disinflation. A decrease in the money supply, reductions in government and consumer expenditure, and reductions in corporate investment can all contribute to deflation, which is bad for an economy.

A progressive drop in consumer prices for products and services is known as price deflation. This is frequently brought on by the deflationary gap, also referred to as the demand gap, which is characterized by high supply and low demand. Consumers and businesses hold on to their money rather than spending it because they anticipate a decrease in pricing.

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Discuss the political, social, economic, technological and other
configurations that support cross-border trade by giving examples of any
multinational firms operating in Ethiopia

Answers

Answer: , I can give you an overview of the political, social, economic, and technological factors that support cross-border trade, along with some examples of multinational firms operating in Ethiopia.

Political Factors: - The government's policies and regulations play a significant role in supporting cross-border trade. - A favorable political climate encourages multinational firms to invest in the country.

- Ethiopia has implemented policies aimed at attracting foreign investors, such as tax incentives and relaxed regulations.

- The government's efforts to improve infrastructure, such as roads and ports, has also contributed to the growth of cross-border trade. Social Factors:

- The availability of skilled and affordable labor is an important factor that influences the growth of multinational firms in Ethiopia. - Ethiopia's young and growing population presents an opportunity for firms to expand their markets. - The cultural diversity of the country is also attractive to multinational firms seeking to expand their operations globally. Economic Factors: - Ethiopia has a liberalized economy with a stable macroeconomic environment that supports cross-border trade. - The country has made significant progress in economic reforms, including the privatization of state-owned enterprises. - Ethiopia's strategic location, with access to the Red Sea and proximity to the Middle East and Europe, has made it an attractive destination for multinational firms. Technological Factors: - Technology has played a significant role in supporting cross-border trade, making it easier and more cost-effective. - The use of e-commerce platforms has made it possible for multinational firms to reach customers in different parts of the world. - The availability of high-speed internet and mobile networks has also facilitated cross-border trade. Examples of Multinational Firms Operating in Ethiopia: - Coca-Cola is a global brand that operates in Ethiopia and has invested heavily in the country. - H&M, the Swedish fashion retailer, has opened stores in Ethiopia, taking advantage of the country's textile industry. - Unilever, the British-Dutch consumer goods company, has also invested in Ethiopia, setting up a manufacturing plant for its products. In conclusion, the political, social, economic, and technological factors mentioned above have contributed to the growth of cross-border trade in Ethiopia. This has attracted multinational firms to invest in the country, with many seeing Ethiopia as a potential hub for doing business in Africa

Explanation:

(D)
Life membership fees received by a club is
A. Revenue receipt
(B)
(C) Both (A) and (B)
(D)
Capital receipt
None of these​

Answers

Answer:

(D)  Capital receipt

Explanation:

The life membership fee is a one-time lump sum amount paid by a new member. It gives a member access to the club facilities for the rest of their lives. Life membership is treated as a capital receipt and added to the capital fund. It appears on the liabilities side in the balance sheet.

Life membership is not treated as income for a particular year because the one-time payments permit a member lifetime access to the club services.

What is the impact of e-commerce on employment/unemployment ?

Answers

Answer:

E-commerce creates new jobs directly, in the field of information and communication technologies, but also indirectly through an extremely dynamic increase of the volume and diversity of product demand [44].

Thus, by reducing costs, improving efficiency, reducing time and distance, e-commerce can become an important development tool. One of the advantages of e-commerce is that it takes time and effort, facilitates access to foreign markets, promotes economic growth, and improves exports and production

Lei loves roller coasters, so she hopes to get a job as a ticket taker at a local theme park. This job is a part of which career cluster?

A.
Hospitality and Tourism

B.
Marketing, Sales, and Service

C.
Arts, Audio/Video Technology, and Communications

D.
Architecture and Construction

Answers

Lei loves roller coasters, so she hopes to get a job as a ticket taker at a

local theme park. This job is a part of Hospitality and Tourism career cluster.

What is career?

A career is an individual's journey through learning, work and other aspects of life. It is a way for people to establish themselves in the world and to gain recognition for their achievements and contributions to society. Career paths are typically chosen based on individual interests, skills, strengths, and values. A career is often a source of satisfaction, fulfillment, and personal growth. It can also be a source of financial stability and security. Career paths are often chosen based on a variety of factors including education, experience, job market value, and personal preference. Career paths can vary greatly, and can involve a combination of jobs, internships, and volunteer work. It is important to research and explore different career paths to determine which best suits your individual needs and interests.

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The principle of self-reference is based on the idea that people won't deviate from the overall mission of their organization if they have been imprinted with it. In a chaotic system, the managers job is to verbalize the guiding mission and

a. add rules
b. define the mission
c. establish boundaries
d. Sternly discipline employees

Answers

Answer : establish boundaries

Explanation:

In a chaotic system, the managers job is to verbalize the guiding mission and establish boundaries. Hence, option C is correct.

What is a chaotic system?

Chaos theory states that although chaotic complex systems seem random, they in fact contain underlying patterns, linkages, ongoing feedback loops, repetition, self-similarity, fractals, and self-organization.

The only constant is the unexpected, complicated, and chaotic character of life itself. Equilibrium can only happen when someone passes away. At the same time as creation, there is also destruction. Chaos is a result of a myriad factors, rendering any attempts to control it useless.

It produces at least three different types of chaos, including sandwich, horseshoe, and Lorenzian chaos. It is possible to have two chaotic governments of this type running concurrently and interacting with one another like links in a chain.

Stability and chaos are two distinct concepts. Chaotic attractors are stable by definition.

Thus, option C is correct.

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