your company decides that it is easier to buy it than to fix your company’s culture or re-design underperforming processes. what technology trap has your company fallen into?

Answers

Answer 1

The technology trap that  the company has fallen into is called Technology as the silver bullet.

Technology is the systematic and reproducible application of knowledge to achieve practical goals. The result of such an effort is sometimes called technology. The use of technology is widespread in many fields including everyday life, science, industry, communication and transportation. Tangible tools like machines or utensils and intangible tools like software are considered technology.

Many technological developments have led to social changes. The first technology identified was stone tools, which were used in prehistoric times. This was followed by the use of fire, which fueled the expansion of the human brain during the Ice Age and the emergence of language.

The above question is incomplete, the complete question is-

Your company decides that it is easier to buy IT than to fix your company's culture or re-design underperforming processes. What technology trap has your company fallen into?

a. island of automation

b. Technology dependence illness

c. Follow-the-competition mentality

d. Technology as the silver bullet

e. All of the above

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Related Questions

The walker corporation completed the following transactions for the month: (a) owners begin company by investing $60,000, (b) borrowed $12,000 from a bank, (c) purchased $9,000 of inventory, (d) sold all of the inventory to customers for $15,000, (e) paid $2,000 for advertising and (f) purchased $8,000 of equipment. based on these transactions, what is the total amount of assets the company has at the end of the month?

Answers

Based on the transaction analysis, the total amount of assets the company has at the end of the month is $76,000.

What is transaction analysis?

A transaction analysis helps to achieve the following book-keeping steps:

Identifying the accounts involved in each transaction.Establishing the nature of the two or more accounts involved.Determining which account increases and the one that decreases.Applying the rules of debit and credit.Recording the transactions in journal entries.

Transaction Analysis:

a) Cash $60,000 Common Stock $60,000

b) Cash $12,000 Bank Payable $12,000

c) Inventory $9,000 Cash $9,000

d) Cash $15,000 Sales Revenue $15,000

d) Cost of Goods Sold $9,000 Inventory $9,000

e) Advertising Expense $2,000 Cash $2,000

f) Equipment $8,000 Cash $8,000

Tabular Analysis:

           Assets                                     = Liabilities        +     Equity
      Cash     Inventory  Equipment = Bank Payable  + Common + Retained

                                                                                             Stock     Earnings

a)   $60,000                                                                    $60,000

b)      12,000                                           $12,000

c)      -9,000   $9,000

d)     15,000                                                                                       $15,000

d)                    -9,000                                                                          -9,000

e)    -2,000                                                                                          -2,000

f)     -8,000                     $8,000

Bal. $68,000  $0          $8,000           $12,000          $60,000   $4,000

Assets:

Cash $68,000 ($60,000 + $12,000 - $9,000 + $15,000 - $2,000 - $8,000)

Inventory = $0 ($9,000 - $9,000)

Equipment = $8,000

Total assets = $76,000

Thus, performing transaction analysis and tabular analysis help to minimize accounting errors.

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As four year olds gradually learn to monitor their own actions, they should be able to
a. decide whether or not tattling is ethical
b. understand the true meaning of the Pledge of Allegiance
c. recite standard rules of etiquette
d. explain why hitting another child is wrong

Answers

As four year old gradually learn to monitor their own actions, they should be able to explain why hitting another child is wrong. Option d is correct.

At around four years old, children begin to develop a rudimentary understanding of empathy and social norms, allowing them to recognize that hitting another child is morally unacceptable. Through observation, guidance, and cognitive development, they gradually grasp the concept of empathy, realizing that hitting causes harm and emotional distress to others.

While their explanation may be simple and lacking in depth, they can articulate that hitting is wrong because it hurts someone. This understanding lays the foundation for the development of pro-social behavior and moral reasoning as they grow older. Option d is correct.

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Can you describe cody's current financial position as good average or poor

Answers

Cody's current financial position can be described as average. and Cody's Net Worth is $3,805

What is the explanation for the above response?


Statement of Financial Position for Cody as of August 1:

Assets:

Cash and Cash Equivalents: $1,505 ($560 in checking + $945 in savings)

Investments: $3,400

Property, Plant, and Equipment: $5,150 ($4,500 for truck + $250 for television + $200 for MP3 player + $750 for laptop + $250 for game system + $200 for watch)

Liabilities:

Credit Card Debt: $2,050 ($850 + $1,200)

Student Loans: $2,600

Borrowed from Parents: $200

Total Liabilities: $4,850

Net Worth: $3,805

Cody's current financial position can be described as average. Although he has some liabilities, such as credit card debt and student loans, his net worth is positive, indicating he has more assets than liabilities. Additionally, he has savings and investments, which shows he is actively saving for the future. Two specific examples to support this position are: (1) Cody's ownership of a truck worth $4,500, and (2) his savings of $3,400 in other types of savings tools at a depository institution. These two assets alone make up more than half of his net worth.

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Full Question:

Although part of your question is missing, you might be referring to this full question:

Cody is enrolled in a personal finance class in his second semester of college and one of the assignments is to

create a Statement of Financial Position. Although he feels overwhelmed, he has gathered his financial

information and is ready to complete this task. Use the information below to help Cody create his Statement

of Financial Position for August 1. (10 points for completion)

Cody begins by looking through the stack of bills and statements he has filed. He currently owes $2,600 in

student loans and has a credit card balance of $850 for one card and $1,200 for another.  He remembers that

he borrowed $200 from his parents to go to Florida for spring break and he owes $3,200 for his truck, which

is worth $4,500.  

Although he doesn't own a home, Cody invested in some furnishings before moving to his own apartment

last semester. He owns a television valued at $250 and an MP3 player which is worth $200. When he started

school, he purchased a laptop, which is now valued at $750.  He owns a game system valued at $250 and

although he owns clothing and other items, he realizes the only other item of real value is a watch his

grandfather left him. Last year Cody's mother visited an antique appraiser and learned the watch was worth

$200. His current checking account balance is $560 and $945 is available in his savings account. Cody also has

$3,400 saved in other types of savings tools at a depository institution.

Using the template provided, complete Cody's Statement of Financial Position. When the statement is

complete use it to answer the questions below about Cody's overall "financial temperature."

1. Would you describe Cody's current financial position as good, average, or poor? Provide two specific

examples to support your position

which of the following is not a tool for executing a plan? a. management by objectives b. single-use plans c. all of these are tools for executing a plan. d. standing plans e. operations map

Answers

The following is not a tool for executing a plan is all of these are tools for executing a plan. The correct answer is C. All of these are tools for executing a plan.

a. Management by objectives: This is a process of setting specific objectives for management, and then tracking their progress towards achieving those objectives.

b. Single-use plans: These are plans that are created for a specific purpose, and can only be used for that purpose.

c. All of these are tools for executing a plan: This is incorrect, as each of the above tools serve a specific purpose in planning and execution.

d. Standing plans: These are plans that remain in effect until they are modified or superseded.

e. Operations map: This is a visual representation of a business's operations, showing how tasks, functions, and activities interact to create a successful outcome.

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Target’s all in motion clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s.

Answers

Clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s are perceived value

Perceived value refers to a customer's assessment of the benefits or attractiveness of a good or service, particularly in comparison to a competitor. The cost that consumers are prepared to pay for a commodity or service serves as a proxy for perceived value. Price level targeting is a technique used by central banks to implement monetary policy in which a particular level of a price index, such as the CPI, is targeted. Price level targeting adjusts depending on recent events, much like inflation targeting with a forward-looking perspective.

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A newspaper headline writer found that the more adjectives she put in the titles of her articles, the greater the number of newspapers that were sold that day. This relationship between numbers of adjectives and newspaper sales must be:

Answers

Answer:

Positive.

Explanation:

A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.

On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.

This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing

In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.

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What type of workplace emergency would OSHA be most likely to get involved with?

tornado

workplace violence

toxic chemical spill

active shooter

Answers

c-toxic chemical spill

Suppose that Chillmax Company now sells both pairs of shoes and fabric carryalls. The pairs of shoes are priced at $60 and have variable costs of $21 each. The carryalls are priced at $36 and have variable costs of $9 each. Total fixed cost for Chillmax as a whole equals $91,500 (includes all fixed factory overhead and fixed selling and administrative expense). Next year, Chillmax expects to sell 3,500 pairs of shoes and 875 carryalls.

Required:

1. Form a package of shoes and carryalls based on the sales mix expected for the coming year.

Answers

Answer:

The package of shoes and carryalls based on the sales mix expected for the coming year is:

= 4:1

Explanation:

a) This means for every 4 shoes, there is 1 carryall.

b) Data:

Company-wide Fixed costs = $91,500

Unit price of a pair of shoes = $60

The variable cost = $21

This gives a contribution to the fixed cost = $39 ($60 - $21) per unit

Unit price of carryalls = $36

The variable of carryalls = $9

This gives a contribution to the fixed cost = $27 ($36 - $9) per unit

Estimated quantity of pairs of shoes to be sold next year = 3,500

Estimated quantity of carryalls to be sold next year = 875

The ratio of shoes to carryalls = 3,500:875

= 3,500/875

= 4:1

The sales mix for Chillmax Company refers to the proportion of the company's total sales for each type of product sold (pairs of shoes and carryalls).

Using the accounting equation (A = L + OE) calculate the amount of equity the company has if your assets are worth $10,000 total, while your debt is $5,000.

Answers

Answer:

$5,000

Explanation:

The Equation  (A = L + OE) is the accounting equation that guides in preparing a balance sheet. The equation in full is

Assets = Liabilities + Owners Equity.

In this case

Assets = $10,000 , liabilities = $5,000, equity = ?

$10,000 = $5000 + Equity

Equity = $10,000 - $5,000

Equity = $5,000

Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,000 to the partnership. Xavier contributed $300,000 to the partnership. The partners vote on whether or not to purchase a new $100 machine. Violet and William support the purchase. Xavier opposes the purchase. Unless the partnership agreement states otherwise, the partnership will a. not purchase the machine because partnership decisions in management matters always require a unanimous vote b. purchase the machine because the support of one partner is required for the partnership to commit itself to a given action c. not purchase the machine because Xavier's interest in the partnership exceeds the interest of Violet and William combined d. purchase the machine because each partner has one vote in management matters

Answers

Answer:

d. purchase the machine because each partner has one vote in management matters

Explanation:

Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree

Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine

hence, the option d is correct

You are looking for the case Adams v. Noble. What is the Federal Supplement citation? What United States District Court rendered
the decision? Under what key numbers may the case be found?

Answers

Federal Supplement citation :137 F. Supp. 2d 1054 (S.D. Ohio 2001).

United States District Court:The United States District Court for the Southern District of Ohio rendered the decision.

Key

The case may be found under the following key numbers:

    42 U.S.C. § 2000e, et seq. (Title VII of the Civil Rights Act of 1964)

   42 U.S.C. § 1981(a) (Section 1981 of the Civil Rights Act of 1964)

    28 U.S.C. § 1343 (Civil Rights Remedies for Violations of Federal Law)

The Federal Supplement citation is a unique identifier for a case that has been decided by a United States district court. It is a combination of the volume number of the Federal Supplement, the page number on which the case begins, and the year in which the decision was rendered. In this case, the Federal Supplement citation is 137 F. Supp. 2d 1054, which means that the case begins on page 1054 of volume 137 of the Federal Supplement, which was published in 2001.

The United States District Court for the Southern District of Ohio is one of the 94 federal district courts in the United States. It is responsible for hearing civil and criminal cases that arise in the southern part of the state of Ohio.

The key numbers are a system used to categorize legal cases. They are assigned by the West Publishing Company, which publishes the Federal Supplement and other legal resources. The key numbers for Adams v. Noble are the key numbers for Title VII of the Civil Rights Act of 1964, Section 1981 of the Civil Rights Act of 1964, and the Civil Rights Remedies for Violations of Federal Law. These key numbers can be used to find the case in legal research databases.

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whose responsibility is it to maintain the consistency of the director's vision once the play has opened and the director is no longer present at every performance? multiple choice question. stage manager lead actor assistant director casting director

Answers

It is Stage manager's responsibility to maintain the consistency of the director's vision once the play has opened and the director is no longer present at every performance

What is the role of stage manager?

One of the main responsibilities of the stage manager is to keep well organized notes to be turned into the producer at the close of each rehearsal period.

Stage managers facilitate communication across all creative and technical departments; act as a right hand to the director; oversee sets, props, lights, and sound; and call all technical cues during performances.

Why is the stage manager important?

Throughout the course of the production, stage managers often offer the director, actors, designers, stage crew, and technicians practical and organizational assistance. They ensure that the production goes well by acting as the director's spokesperson throughout performances.

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Sue deposited an unknown amount Y one year ago at an interest rate of 6% per year. Calculate the unknown amount Y deposited if it earned $5,000 in interest now.

Answers

Sue deposited approximately $83,333.33 one year ago.

To solve this problem, we'll utilize the formula for calculating simple interest:

Interest = Principal × Rate × Time

Here, Principal represents the initial deposit (unknown amount Y), Rate is the interest rate (6% or 0.06 as a decimal), and Time is the duration for which the interest was earned (1 year). We are given that the interest earned is $5,000.

Plugging these values into the formula, we get the following equation:

$5,000 = Y × 0.06 × 1

To find the value of Y, we can rearrange the equation by dividing both sides by 0.06:

$5,000 / 0.06 = Y

let's calculate the value of Y:

$5,000 / 0.06 ≈ $83,333.33

Sue deposited approximately $83,333.33 one year ago.

It's important to note that this calculation assumes that the interest is calculated annually and compounded once at the end of the year. If the interest were calculated more frequently (e.g., semi-annually or quarterly) or compounded, the calculation would be slightly different. However, based on the information provided, we assume a simple interest calculation.

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Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt

Answers

Answer:

the letter C

Explanation:

pa brainliest nalang po kung tama

Your personal credit reflects income versus debt. Option D is an appropriate response.

What is  personal credit?

The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.

Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.

That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.

Your personal credit reflects income versus debt.

Hence, Option D is an appropriate response.

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The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag and an equilibrium quantity of 3.33 million bags. Suppose that, in an attempt to lower blood pressure and reduce healthcare costs, the government imposes a $1.00 excise (or commodity) tax on potato chips. Scroll down to answer all 6 parts of the question


a. Suppose the government levies this tax on manufacturers for each bag of potato chips they produce. Please shift the curve(s) to illustrate this.

b. What is the price paid per bag by consumers (Pc) after the production tax?

c. What is the price received net of tax (Pp) per bag by producers after the production tax?

d. Suppose the government, instead of levying the tax on producers, levies this tax on consumers for each bag of potato chips they purchase. Please shift the curve(s) to illustrate this.

e. What is the effective price paid per bag by consumers (Pc) after the consumption tax?

f. What is the price received net of tax (Pp) by producers after the consumption tax?

Answers

A market-clearing price, often referred to as an equilibrium price, seems to be the consumer cost associated with a good or service when the demand and supply are equal or nearly equal.

By equilibrium pricing, what do you mean?

Economic equilibrium in economics refers to a scenario where demand as well as supply are balanced and the values underlying economic variables do not change in the absence of outside factors.

1. As the tax levied is $1, the supply curve rises by $1 from of the equilibrium price.

2.2(3.33/$1.67)

3. 1(3.33/($1.67+$1)

4. From the equilibrium price, the demand curve declines by $1. (due to tax imposed)

5. 2(3.33/$1.67)

6. 1(3.33/($1.67+$1)

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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

During project selection and chartering, what types of budgeting is applied?.

Answers

During project selection and chartering, there are two types of budgeting applied: top-down budgeting and bottom-up budgeting.Both types of budgeting are often used for creating project budgets.

Bottom-up budgeting is more common and can be more accurate, as it involves an itemized list of every expense needed to complete the project. Top-down budgeting, on the other hand, can be quicker and simpler, but it is less precise. Top-down budgeting is used when there is not enough time or resources to do a bottom-up budgeting exercise. It is often done using a percentage of revenue or sales. In this case, the budget is derived from the total revenue or sales that the company expects to generate.

A specific percentage of that total is allocated to the project in question, and that becomes the project budget.

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What are the three major types of equity accounts?
The three major types of equity accounts are investments, _________
and retained earnings.

Answers

The three major types of equity accounts are:

Common Stock: Common stock is a type of equity that represents ownership in a company. When a company issues common stock, it is essentially selling ownership shares in the company to investors. Common stockholders have voting rights and may receive dividends, which are a portion of the company's profits distributed to shareholders.

Retained Earnings: Retained earnings are the portion of a company's profits that are not distributed to shareholders as dividends but are instead retained by the company for reinvestment in the business. Retained earnings are reported as a component of shareholders' equity on the balance sheet.

Preferred Stock: Preferred stock is a type of equity that gives shareholders preferential treatment over common stockholders. Preferred stockholders typically receive a fixed dividend, which is paid out before common stock dividends, and they may have other rights such as priority in the event of liquidation. Preferred stock is often seen as a hybrid security because it has features of both equity and debt.

Note that the classification and naming of equity accounts may vary depending on the accounting standards used and the nature of the business.

Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a document she can show her prospective employer. Which job search document can Mandy use to input all these details? A. résumé B. cover letter C. application D. career portfolio

Answers

Answer:

Career portfolio I think

Explanation:

Tell me if I am wrong please.

T/F: for a service business, the revenue reported on an income statement is often compared to two items: total expenses and net income.

Answers

The statement "For a service business, the revenue reported on an income statement is often compared to two items: total expenses and net income" is a TRUE statement.

Income statements, also known as profit and loss statements or P&L statements, are a critical part of financial accounting for businesses, both large and small. Service-based businesses that sell knowledge or services instead of physical goods can use these statements to gauge performance, make future predictions, and identify potential areas for improvement. The goal of an income statement is to reveal the organization's net profit or net loss by comparing the revenue produced in a given period with the expenses incurred to generate it.

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The Shirt Works sells a large variety of tee shirts and sweatshirts. Steve Hooper, the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, to sell sweatshirts bearing the name and mascot of the local high school.



These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $16.00 each with a minimum order of 203 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 203.



Since Hooper’s plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshirts and the costs of the sales commissions. The selling price of the sweatshirts would be $32.00 each. Hooper would pay the students a commission of $7.00 for each shirt sold.



Required:

1. What level of unit sales and dollar sales is needed to attain a target profit of $7,308?

2. Assume that Hooper places an initial order for 203 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations, round "Break-even point in unit sales" up to the nearest whole unit and round "Break-even point in dollar sales" to the nearest whole dollar.)

3. How many sweatshirts would Hooper need to sell to earn a target profit of $8,222? (Round final answer up to the nearest whole unit.)

Answers

1. The unit and dollar sales levels needed to attain a target profit of $7,308 are 812 and $25,984.

2. The break-even point with 203 sweatshirts is $4,669.

3. The unit sales level needed to attain a target profit of $8,222 is 914.

What is the break-even point?

The break-even point represents the required sales units for no profit or loss to be achieved.

At the break-even point, the total revenue equals the total costs (fixed and variable).

Data and Calculations:

Selling price per sweatshirt = $32

Variable cost per unit = $23 ($7 + $16)

Contribution margin per unit = $9 ($32 - $23)

Contribution margin ratio = 0.28125 ($9/$32)

Fixed costs = $0

Target profit = $7,308

1. Sales level to attain a target profit of $7,308 = 812 units ($7,308/$9)

And $25,984 ($7,308/0.28125)

2. Break-even point with 203 sweatshirts = $4,669 ($23 x 203)

3. Target profit = $8,222

Sales level to attain a target profit of $8,222 = 914 units ($8,222/$9)

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Excise tax is levied in the __ of goods and services

Answers

Answer:

its probably buying

Explanation:

When wages exhibit downward and a recession occurs, the decline in employment will be ____________.a. because of the decline in labor demand is absorbed by a fall in wages. b..

Answers

When wages are trending downward and a recession strikes, the decrease in employment will be less pronounced than it would be if wages were rigid, less pronounced when the labor supply is relatively inelastic and softened because part of the declines in labor demand is absorbed by a fall in earnings.

Recessions are defined as extended periods of weak or negative real GDP (output) growth that are accompanied by markedly greater unemployment rates. Many other economic activity metrics are weak during a recession. For instance, consumer spending and corporate investment are often low. In addition, there is an extremely high percentage of businesses that fail as well as people and businesses who are unable to pay their debts.

Because these indications frequently appear when there is a significant increase in the unemployment rate, the unemployment rate is regarded as a reliable and timely summary indicator of a variety of negative changes in an economy.

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When wages are trending downward and a recession strikes, the decrease in employment will be less pronounced than it would be if wages were rigid, less pronounced when the labor supply is relatively inelastic and softened because part of the declines in labor demand is absorbed by a fall in earnings.

Recessions are defined as extended periods of weak or negative real GDP (output) growth that are accompanied by markedly greater unemployment rates. Many other economic activity metrics are weak during a recession. For instance, consumer spending and corporate investment are often low. In addition, there is an extremely high percentage of businesses that fail as well as people and businesses who are unable to pay their debts.

Because these indications frequently appear when there is a significant increase in the unemployment rate, the unemployment rate is regarded as a reliable and timely summary indicator of a variety of negative changes in an economy.

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Breton Woods Standards were found to be inadequate mainly because

Answers

Answer:

A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.

Explanation:

The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.

the largest number of all healthcare workers today are employed in nursing/residential facilities. true or false?

Answers

False. The largest number of healthcare workers today are not employed in nursing/residential facilities.The healthcare industry encompasses a wide range of professions and sectors, including hospitals, clinics, nursing homes, home healthcare services, outpatient care centers, and more. While nursing/residential facilities employ a significant number of healthcare workers, they do not represent the largest category in terms of overall employment.

Hospitals typically employ a substantial portion of healthcare workers due to their comprehensive nature and the variety of healthcare services they provide. Hospitals employ a wide range of professionals, including physicians, nurses, technicians, therapists, administrators, and support staff. Additionally, outpatient care centers, such as ambulatory surgical centers, diagnostic imaging centers, and specialty clinics, employ a significant number of healthcare workers.

It's important to note that the distribution of healthcare workers across different sectors may vary based on factors such as geographic location, population demographics, and healthcare delivery systems.In summary, while nursing/residential facilities employ a significant number of healthcare workers, they are not the largest category. Employment in hospitals, outpatient care centers, and home healthcare services also contributes significantly to the overall number of healthcare workers.

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A feature of a product or service that customers have come to expect and entering competitors must also offer is a(n):___________

Answers

A feature of a product or service that customers have come to expect and entering competitors must offer is an Entry Barrier.

What is an entry barrier?

High startup costs or other impediments that make it difficult for new rivals to enter a market or line of business are referred to as barriers to entry. As a result of protecting their revenues and earnings and preventing competitors from taking market share, incumbent businesses benefit from entry barriers.

Entry barriers are things that stop or make it difficult for new businesses to enter a market. Entry barriers reduce the market's contestability and level of competition. The fewer entry obstacles there are, the less competitive the market will be.

What are the four primary categories of entry barriers?

Legal (patents/licenses), technical (high start-up costs/monopolies/technical knowledge), strategic (predatory pricing/first mover), and brand loyalty are the four basic categories of entry barriers.

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The CFO of Foodie Inc. is continually receiving capital funding requests from its division managers. These requests are seeking funding for positive net present value projects. The CFO continues to deny all funding requests due to the financial situation of the company. Apparently, the company is: Multiple Choice operating at maximum capacity. operating at the accounting break-even point. operating with zero leverage. facing hard rationing. operating at the financial break-even point.

Answers

Answer:

facing hard rationing.

Explanation:

Since the CFO continues to deny the request related to the funding because of the financial situation of the company so this represent that the company is facing high rationing that means there is a high demand but the supply is less

So according to the given situation, the last 2nd option is correct

And, the same would be relevant  

Suppose that the demand for salt is perfectly inelastic, and the supply of salt is upward-sloping. The
government introduces a sales tax equal to $1/lb that sellers are legally responsible for. Which of these
is not a predictable consequence of the tax?
(a) The price of salt to consumers will rise by $1/lb.
(b) The consumer surplus will diminish.
(c) There will not be any deadweight losses as a result of the tax.(d) Sellers of salt will be worse off –the producers’ surplus will diminish.

Answers

The option (c) There will not be any deadweight losses as a result of the tax is correct. Since the demand for salt is perfectly inelastic, the consumers will bear the entire burden of the tax, and the price of salt will increase by $1/lb.

As a result, the consumer surplus will decrease, and the producers' surplus will also diminish. However, in this scenario, since the supply curve is upward-sloping, the tax will create deadweight losses. Deadweight loss refers to the loss of economic efficiency that occurs when the quantity of a good produced and consumed is below the socially optimal level. Therefore, option (c) is incorrect, and the introduction of a sales tax will result in a decrease in economic efficiency and an increase in the price of salt.

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The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?

Answers

Answer:

Explanation:

In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.

the heart of operations management is the management of production systems. a production system uses to provide goods and services to the customer.

Answers

The heart of operations management is the management of production systems. a production system uses input, transformation and output  to provide goods and services to the customer.

What is meant by operations management?

This is the term that is used to refer to the way that business is being run in a way that efficiency would be increased for an organization. It tells us of the way that the business would convert materials and labor in a way that we would have goods and services.

We can conclude that the  heart of operations management is the management of production systems. a production system uses input, transformation and output  to provide goods and services to the customer.

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