A form of union in which the company can hire nonunion people so long as those employees join the union after a prescribed period of time and pay dues is known as a union shop.
An example of a union security provision in labour law is a union shop, commonly referred to as a post-entry closed shop. Under this, the employer agrees to either solely hire labour union members or mandate that any new hires who are not already union members join within a predetermined timeframe. The extent to which trade unions are protected varies greatly from country to country and is influenced by this. an establishment where the employer is free to hire both union members and nonmembers under the terms of the agreement, but retains nonmembers on the payroll only under the condition that they join the union within a certain time frame.
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destination stores are very likely to be profitable even in isolated locations. group of answer choices true false
True destination stores are very likely to be profitable even in isolated locations.
A destination store attracts people by offering uncommon goods, or by providing a welcoming environment, exceptional pricing, and other appealing qualities. A destination store is a retail establishment that attracts customers for specific reasons, leading them to make extraordinary travel arrangements just to purchase there.
Destination businesses typically offer something special to draw customers in, despite the inconvenience of the distance or location. Smaller merchants frequently locate themselves close to a destination store in the hopes that customers would eventually visit their stores as well.
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opportunity costs are not found in accounting records because they are not relevant to decisions. True/False
Since opportunity costs are not financial outlays, they are not recorded in accounting records. Consequently, the assertion is false.
What do accounting records contain?Accounting records are every document that is necessary for accounting, from the creation of financial statements through their completion, which enables audits to be performed on them. These accounting records include ledgers, journals, ledger entries, financial transactions, assets, and liabilities.
What are accounting records used for?The primary sources of data and proof utilized to compile, confirm, and/or verify the financial statements are accounting records. They also contain evidence of financial and non-financial transactions as well as proof of asset ownership for the formation of obligations.
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what are three things a new employee should do during the onboarding process to help them achieve success at an organization?
three things a new employee should do during the onboarding process to help them achieve success at an organization are Operational, Social, and Strategic.
The procedures used to incorporate new hires into the company are referred to as "onboarding." It contains activities that let new hires finish the new hire orientation process and learn about the company's structure, culture, vision, and mission. Only 12 percent of employees said their firm did a fantastic job with onboarding, but those individuals were nearly three times more likely to believe they have the best job conceivable, according to a recent Gallup poll. Only 29% of new hires said they had the training and support necessary to succeed in their new position. There is a great deal of space for development here. values and mission. For some businesses, the onboarding procedure takes one or two days to complete.
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under an insurance policy, the insurer agrees to assume an identified risk when the policyholder pays a fee called the
When a policyholder pays a sum of money known as the premium in accordance with an insurance policy, the insurer agrees to take on a certain risk.
In general, a premium is a cost that is added on top of a fundamental or intrinsic value. In a similar vein, it refers to the cost of insurance against loss, danger, or injury (e.g., insurance or options contracts). The Latin term praemium, which originally meant "reward" or "prize," is the source of the English word premium.
A premium is a price that exists above a certain kind of basic value, and such assets or items are said to be trading at a premium. Increased demand, a constrained supply, or expectations of rising value in the future can all cause assets to trade at a premium.
A bond that trades above its face value, or in other words, one that costs more than the bond's face value, is referred to as a premium bond. A bond's higher interest rate than the market's current rates could cause it to trade at a premium.
The idea of a bond price premium stems from the idea that a bond's price is inversely correlated to interest rates; if a fixed-income security is bought at a premium, this indicates that the going interest rate is lower than the bond's coupon rate. As a result, the investor must spend more for an investment that will provide a profit higher than current interest rates.
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a company has a system of progressive discipline. even so, in which situation would it be appropriate for the company to follow a stricter policy and dismiss an employee after a first offense?
When an employee fails to fix an issue despite being given a fair chance to do so, progressive discipline is the practice of taking increasingly harsh procedures or measures.
What do you mean by Progressive discipline ?Typically, the initial stage in progressive discipline is verbal counseling. A manager or supervisor may utilize verbal counseling to inform a staff member that their work performance and/or behavior needs to be improved.
The ultimate goal of progressive discipline is to assist staff in early correction of conduct issues and early resolution of performance concerns. Using a system of progressive punishment: provides a method for discipline that is fair, consistent, and objective.Progressive punishment targets both behavior modification and contemporaneous responsibility. Progressive discipline aims to help pupils learn from their mistakes in order to stop undesirable conduct from happening again.HR may decide to fire an employee directly if they have earned many formal reprimands for the same infraction. A worker could also receive a brief immediate suspension as punishment.To know more about Progressive discipline please click here ; https://brainly.com/question/11332361
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the goal of your video campaign is to grow consideration. what should your bidding solution optimize toward?
If the goal of video campaign is to grow consideration bidding solution should have an optimization towards views
Program optimization, code optimization, or software optimization are all terms used to describe the process of changing a software system such that some component of it operates more effectively or consumes less resources. Generally speaking, a computer program can be optimized to run more quickly, use less memory storage or other resources, or consume less power.
You can prioritize suggestions across Search, Display, Shopping, Discovery, and Video action campaigns with the use of optimization score. Advertisers who followed advice to raise their account-level optimization score by 10 points experienced a median 14% boost in conversions.
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question content area when a buyer returns merchandise purchased for cash, the buyer will journalize the transaction as a
The journal entry will be debit to cash; a credit to merchandise inventory
A journal entry is the record of the financial transaction of a business in its financial books. The business transactions are recorded in a journal, which indicates the debit and credit balances. These entries can help in the authentication of transactions and also helps to know if they are supported with bills.
In the case when a buyer returns merchandise purchased for cash, the buyer will journalize the transaction as a
Cash A/c. xx
To Merchandise Inventory A/c xx
(Being the goods returned, purchased on cash)
In double-entry bookkeeping, a return of the merchandise is recorded as a reduction in sales. The cash account is debited because the buyer is receiving a refund of the cash that was originally paid for the merchandise. The inventory account is credited because this account is used to track the amount of merchandise that has been returned by customers.
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you're running a weightloss clinic. what's the best ad to get customers while not running afoul of requirements for truth in advertising?
You're running a weight loss clinic. The best ad to get customers while not running a foul of requirements for truth in advertising could be like these:
Have a man tell his emotional story of losing weight through your program, with dramatic before and after pictures. At the end you include the line "Results not typical"
Ways to create unique advertisementHere are several ways to create attractive and unique advertisements that can be your reference, namely:
1. Choose a strategic place to advertise
The first way to create an attractive and unique ad is to choose a strategic place. Find a place where lots of people see and walk. That way, it is very likely that the advertisement that you make will be read by many people who are interested in the product being advertised.
2. Create an interesting and unique title or slogan
The next way to create an interesting and unique advertisement is to create a short and attractive title or slogan. The title or slogan is a key that plays an important role. In order to attract people's interest in reading advertisements, use straightforward language with the right choice of words. So, make a unique and interesting title or slogan so that people can be curious to read the ad further.
3. Pay attention to design details
The next way to create attractive and unique ads is to pay attention to design details. The design side should also be considered when creating advertisements, such as the use of fonts, writing style, color combinations, and so on. if you want to make lots of advertisements, make sure you have consistent use of colors, font types, and include product logos so that people can easily remember them. This can be a unique characteristic of your business.
4. Give attractive offers
The next way to create attractive and unique advertisements is to provide attractive offers. This is also the most effective way to market your product or business. Include these offers in advertisements, for example offers for free shipping (postage), discounted prices, buy one get one free, and so on.
5. Show famous and important figures
The next way to create interesting and unique advertisements is to feature well-known and important figures. This can also make consumers or the public interested in reading the advertisements that you make. Currently there are also many advertisements that use icons that are popular with the public. Not infrequently there are also many advertisements featuring important figures and famous artists so that people are curious. Because the more creative, the advertisement will attract more people's attention.
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why am i never hungry?
The condition of never feel hungry comes under the possible cause of loss appetite in which your appetite might also be suppressed by hormonal changes, a persistent disease, and drugs.
What do you understand by the loss of appetite?A lack of appetite is a symptom with a wide range of potential explanations. When you are not hungry, this happens. Anorexia is the medical word for a lack of appetite. Compared to the eating disorder anorexia nervosa, this is distinct.
Anxiety, depression, and stress are a few mental health problems that can negatively impact appetite levels. A decrease in appetite can also be brought on by other medical issues, including pregnancy, hypothyroidism, and more.
Lack of appetite can occasionally be an indication of other illnesses, such as hypothyroidism, diabetes, or even cancer.
Therefore, the condition of never feel hungry comes under the possible cause of loss appetite in which your appetite might also be suppressed by hormonal changes, a persistent disease, and drugs.
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Which of the following is an example of a black market deal?
Annie rents an apartment _____
A. in a rental-controlled city, paying $ 1,000 for an extra set of keys
B. in an equilibrium rental
C. on the rental ceiling after many months of search
D. in the rental-controlled city in the rental ceiling
Option - A : Annie rents an apartment in a rental-controlled city, paying $ 1,000 for an extra set of keys is an example of a black market deal.
A black market is an economic activity that takes place outside of publicly recognised channels. Currency traders frequently engage in illicit transactions "under the table" to avoid government-imposed price controls or taxes. Some goods that are traded on the black market include weapons, illegal substances, uncommon and vulnerable animal species, and human organs needed for transplant surgeries. The illicit trading that takes place in secrecy or at night is referred to as taking place on the "black market." Since black market trading occurs "off the books," as it were, it is impossible to assess this entire sector of the economy with accuracy.
Black markets can develop when the government tries to control prices or imposes an excessively high tax burden on transactions.
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a bank form which lists the checks, currency, and coins an account holder is adding to a bank account.
The checks, cash, and coins that are being added to a bank account are listed on a deposit slip.
One can deposit and withdraw money from a bank account, make payments, send money to another person or organisation, pay bills online, and more. Bank accounts allow for cashless transactions and the receipt of direct deposits from employers or other organisations.
Opening a bank account can be one of the most crucial actions to achieve financial objectives. Because keeping money in an FDIC-insured bank account can provide monetary security, simple access to funds, cost savings from check cashing costs, and general monetary peace of mind.
Deposit account funds are used by banks to fund loans to other people or companies. The borrower pays interest on those loans to the bank in return.
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An insurance company wants to measure the safety of drivers. Which quantity provides the best measure of the safety of drivers? responses.
The number of collisions that occur each year offers the best indicator of how safe drivers are.
What is an insurance firm?The services of insurance businesses, which act as financial middlemen and offer direct protection or reinsurance, protect customers' finances from potential risks in the future.
How does an insurance firm operate? What is it?Insurance providers evaluate the risk and determine premiums for various insurance coverage options. The insurance provider pays your up to the agreed-upon amount of both the insurance contract if a covered event takes place and you sustain damages. Because of how they operate, insurance firms can cover this and yet turn a profit.
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ong life floors is expected to pay an annual dividend of $4 a share and plans on increasing future dividends by 1 percent annually. the discount rate is 9 percent. what will the value of this stock be 5 years from today (in $ dollars)? $
The value of this stock be 5 years from today is $95.53
What is a stock?Every share of ownership in a company or firm is referred to as stock in the financial environment. In most cases, this entitles the shareholder to that percentage of the company's earnings, cash from the sale of company assets, or voting power, allocating these normally in accordance with the amount that each stockholder has invested. There are variations among stocks. As an illustration, certain classes of stock may be issued with enhanced voting rights, without voting rights, or with a specific priority to receive profits or proceeds from liquidation before or after other classes of shareholders. It is possible to buy and sell stock either privately or through stock exchanges, and such transactions are typically subject to very strict regulation by governments in an effort to prevent fraud, protect investors, and improve the overall economy.
Price at end of year 5 is
= (Dividend at year 6 ÷ (Discount rate - Growth rate) )
= (Dividend year 0 * 1.03^6 ÷ (Discount rate - Growth rate))
= (($4 × 1.03^6 ) ÷ ( 0.08 - 0.03 ) )
= (4 × 1.1941 ÷ 0.05)
= $95.53
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which of the following statements about span of control is true? multiple choice larger organizations tend to have wider spans of control. costs tend to be higher in organizations with narrow spans. complex tasks tend to require a narrower span of control. narrow spans of control are mostly found in clan cultures. senior-level executives tend to have wider spans of control.
Option (b), If the comments regarding span of control are accurate, costs generally tend to be greater in firms with narrow spans.
What happens when the control range is too broad?However, those in positions of considerable authority run the risk of being overloaded, finding it difficult to make decisions, and losing influence over their workforce. Small business owners may become overwhelmed by all of these factors while determining the best span of control for their organization.
Why is it vital to have a limited range of control?But it can also increase the likelihood of delayed decisions, additional red tape, and the formation of silos. Managers and staff have more time for one-on-one interactions and have more opportunities for employee progress when they have a shorter period of responsibility.
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recently the british pound suffered an unexpected appreciation in value. which of the following actions being considered by coventry furniture of london, a purely domestic furniture manufacturer and retailer, would be considered a highly unlikely response to the appreciation of the pound? a) coventry might choose to maintain its domestic sales prices constant in pound terms. b) coventry might try to raise domestic prices because competing imports are now priced higher in england. c) coventry might try to lower domestic prices because competing imports are now priced higher in england. d) none of the above
(C) Coventry might attempt to lower its own prices in the scenario if the British pound unexpectedly depreciated as a result of higher import prices in England.
What is depreciation?Depreciation is a term used in accounting to describe two different aspects of the same idea: first, the actual decline in fair value of an asset, such as the annual decline in value of factory equipment due to use and wear, and second, the allocation in accounting statements of the asset's initial cost to the periods in which it is used (depreciation with the matching principle).
So, in the given situation where the British pound faced unexpected depreciation due to increased import prices in England, Coventry may try to cut its own prices.
Therefore, (C) Coventry might attempt to lower its own prices in the scenario if the British pound unexpectedly depreciated as a result of higher import prices in England.
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Correct question:
Recently the British Pound suffered an unexpected depreciation in value. Which of the following actions being considered by Coventry Furniture of London, a purely domestic furniture manufacturer and retailer, would be considered a highly unlikely response to the depreciation of the pound?
a) Coventry might choose to maintain its domestic sales prices constant in pound terms.
b) Coventry might try to raise domestic prices because competing imports are now priced higher in England.
c) Coventry might try to lower domestic prices because competing imports are now priced higher in England.
d) none of the above
a $8,500 5.5% eight-year bond has annual coupons. if it is purchased for $8,590, the investor will anticipate a 5.4% annual yield for the eight-year investment. find the redemption amount on this bond.
The possibility that a change in general interest rates may lower the value of a bond or other fixed-rate investment is known as interest rate risk.
Bond prices decrease as interest rates rise and vice versa. In order to balance the more enticing rates of new bond offerings, the market price of old bonds declines. Which of the following statements is accurate regarding the bond interest rate risk? Interest rate fluctuations have an opposite reaction in bond prices. The possibility of an unfavorable shift in market interest rates poses a risk to profits and capital. Interest rate risk can also be impacted by maturity. The danger that altering interest rates before the bond matures might have an influence on its value increases with the bond's maturity length, which.
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susan has just been hired for a competitive job in a corporation because she is a close friend of the ceo. in this example, the employer has failed to follow which of weber's principles?
The employer who hired Susan has failed to follow competence as a basis for job appointment.
Max Weber has given certain principles that a manager should follow as a form of work ethics. In the case of Susan where she has been hired by the employer just because she is the close friend of CEO, the employer has not shown the principles of work ethics. Instead of doing his job and organizing the full procedure of appointment the employer appointed Susan. The employer has violated the competence principle of Weber. Instead of doing this the employer should have conducted the complete procedure of interview and should have also interrogated whether Susan is suitable for the job or not.
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true or false: a corporation has agreed to pay a $0.10 cash dividend on shares of common stock. on the date of record, no formal journal entry is required.
It is true that a corporation has agreed to pay a $0.10 cash dividend on shares of common stock. on the date of record, no formal journal entry is required.
In your company's books, a journal entry serves as a record of a business transaction. Every transaction requires at least two journal entries in double-entry bookkeeping. A bookkeeper keeps track of all the changes that a transaction can bring about in a business by recording them in their journal.
A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
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which of the following items is not separately stated for an s corporation? a. charitable contribution b. short-term capital gain c. section 1245 income d. dividend income
charitable contribution is not separately stated for an s corporation. Charitable contributions may be reduced by employing the right tax planning tactics.
Giving something of value such as money or property to a nonprofit organisation so that it might further its objectives is known as a charitable donation. A gift or donation made to or for the use of an approved organisation qualifies as a charitable contribution. It is voluntarily given without expecting or receiving anything of comparable worth. reputable businesses.
Giving unused toys to the less fortunate, grinning at a stranger, holding a door open for someone, or going to see a sick relative are all examples of charity since they make someone feel good. You can choose how much to donate, what to give as an asset, and when to contribute by knowing the tax tactics associated to charitable contributions.
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we are launching this project so that it will result in reducing manufacturing cost by 10%. this sentence is an example of? a: constraint. b: success criterion. c: out-of-scope statement. d:assumption.
The goal of initiating this initiative is to 10% down production costs. Assumptions like the one in this phrase are common. The right response in this case is option D.
When you form an assumption that something is true or will happen, you usually accept it without any concrete evidence. You can hold an assumption even in the absence of supporting data. For example, even if it is incorrect, people may assume you are a nerd if you wear glasses.
Any theory, and by extension any paradigm, revolves around assumptions. It's crucial to be explicit with assumptions and to make enough of them to adequately describe the situation at hand. Explanation of assumptions is considerably more important when using research techniques to test hypotheses.
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describe some of the working conditions during the industrial revolution that caused workers in western countries to organize. what actions did workers take to try to improve their situation? why do you think that governments and business owners tried to silence protesting workers?
During the Industrial Revolution, workers faced difficult and exploitative working conditions.
Workers in Western nations experienced challenging and exploitative working conditions during the Industrial Revolution. Numerous people put in lengthy shifts in hazardous and sick conditions, frequently for meagre pay and minimal benefits. Workers formed unions and participated in collective action, like boycotts, and protests, in an effort to improve their circumstances. Governments and company owners frequently opposed these moves because they perceived organized labor as dangerous to their interests.
To keep power and protect their earnings, governments and company owners attempted to shut out the protesting employees. To stifle labor organizing and protest, they frequently employed strategies including violence, intimidation, and legal action. Another reason was that governments and business owners often saw organized labor as a threat to social order and stability. They believed that strikes and other forms of collective action could lead to social unrest and even revolution, and they took steps to prevent this from happening.
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a task has a normal duration of 9 days and a crash duration of 7 days. its normal cost is $40 and its crash cost is $100. what is the crash cost per day?
A task's usual lifespan is 9 days, while its crash lifespan is 7 days. Its regular price is $40, and the crash price is $100. The daily crash cost is $30.
What Does a Crash Cost?The majority of operations are believed to be carried out under typical circumstances, but when tasks are finished sooner than anticipated, this is referred to as a crash. The expense incurred during the actions is referred to as the crash expense.
The expense incurred by choosing the quicker option to accomplish the effort is known as the crash cost. The complete cost of the alternative option, not just the additional cost, is being mentioned here. In light of this, the calculation yields a figure that indicates crash cost per time interval.
Crash cost per day= (Crash cost − Normal cost) / (Normal duration − Crash duration)
Crash cost per day= ($100 - $40) / (9 - 7)
Crash cost per day= $30
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rise in the price level will shift the aggregate demand curve leftwards. group of answer choices true false
The statement " Rise in the price level will shift the aggregate demand curve leftwards." is true.
Give a brief account on aggregate demand.In an economy, aggregate demand for all finished goods and services is measured as aggregate demand. The total amount of money spent on a particular good or service at a particular price level over a particular period of time is a measure of aggregate demand.
Aggregate demand for products and services at any price level over a period of time is called aggregate demand in macroeconomics. Both indicators are generated in the same way, so total demand equals gross domestic product (GDP) in the long run. A country's Gross Domestic Product (GDP) reflects all the goods and services produced in it, while aggregate demand refers to consumer demand for the same goods.
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which organization develops and publishes the majority of the consensus standards used in u.s. and canadian jurisdictions?
International Organization for Standardization (ISO) is the organization that develops and publishes the majority of the consensus standards used in U.S. and Canadian jurisdictions.
International Organization for Standardization (ISO) is an organization that helps in forming jurisdiction standards for countries like the United States and Canada.
The consensus is a part f the jurisdiction whose standards are also set by the International Organization for Standardization (ISO). The ISO believes that for countries like the United States and Canada, it is important that an agreement for any kind of jurisdiction be bought through standard consensus as the people of these countries have a democratic set of mind. A general agreement is made through a consensus for forming the jurisdiction.
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g in the u.s. at-will employment applied in all states with no exceptions until . select one: a. 1959 b. 1944 c. 1920 d. 1932 g
At-will employment suggested that the employer might terminate an employee at any time prior to 1959.
How would you define employment?In most cases, the term "employment" refers to the condition of holding a salaried position being engaged. Employees are employed by an employer. The act or employing people is another term for employment, as in We are making an effort to hire more women. The foundation of the employment agreement is a contract of employment, which is an arrangement between the employer and employee.
What various employment are there?There are eight different categories of employment: full-time, part-time, casual, contractual, apprentice, trainee, commission-based, and probationary.
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let’s focus on the second quarter since the change in velocity is so dramatic. during that quarter, the cpi fell by 0.9%, real gdp fell by 9.0%, the money supply rose by 23%, and velocity changed by %. give your answer to one decimal.
Choose one: A. People and banks were spending their money at faster rates.
B. There was a substantial increase in the money supply.
C. People and banks were holding on to their money longer.
D. The inflation rate was negative.
There is some indication that the United States may be entering a recession as a result of the fact that now the economy shrunk in the second period and GDP fell by 0.9%.
A shrunk economy is what?Economic contraction is the term used to describe the business cycle's downward slope. A period of declining economic production is known as a contraction. The economy is currently producing less than it did previously. In order to create less goods and services, businesses must use fewer resources, especially labor.
The US economy has it shrunk?One definition of the a recession is supported by the most recent GDP measurement, which shows that the US economy contracted for two consecutive quarters. During in the 2nd period of 2016, the US GDP contracted by 0.6%.
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the nasa space shuttle transports material to the international space station at a cost of $\$22,\!000$ per kilogram. what is the number of dollars in the cost of transporting a 250 g control module?
NASA's Space Shuttle Program has cost the agency around $200 billion in total. On February 24, 2011, the space shuttle Discovery ignites for liftoff on Launch Pad 39A at NASA's Kennedy Space Center in Florida.
Because of this, it excludes the cost of the Nasa Space Shuttle Program from their estimate of ISS expenses. Costs of the International Space Station (NASA): $54 to 59 billion. $26 billion from 1994 to 2005. $4 billion between 2006 and 2007. $24 to 29 billion from 2008 to 2016. Despite the fact that 35 of the Space Shuttle's 41 missions were or will be ICC missions, NASA views the Space Shuttle Program as a separate undertaking from the International Space Station. Due to this, it excludes the cost of the Space Shuttle Program from their estimates of ISS costs.
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The transfer of goods from an inbound carrier to an outbound carrier, without the goods being put away into storage is known as?
The transfer of goods from an inbound carrier to an outbound carrier, without the goods being put away into storage is known as crossdocking.
Crossdocking, according to Faramarzi and Drane (n.d.), is the transfer of goods and materials from an inbound carrier to an outbound carrier without the goods going into a warehouse or being put away in storage. As a result, when moving from the receiving dock area to the shipping dock area, the products "cross the docks." It can result in significant inventory savings, lowering the price of keeping inventory and handling the inventory (Kulwiec, 2004 ). Crossdocking expedites customer delivery, which contributes to superior customer service.
In order to save shipping time and costs, cross-docking is the logistics process of transshipping inventory in a flow-centre by unloading the shipments from the inbound trucks directly onto the outbound trucks.
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the three tests for judging whether a particular diversification move can create value for shareholders are:
The three tests for judging whether a particular diversification move can create value for shareholders are core competencies the company better off because it will produce a greater number of core competencies.
A individual, business, or organisation is often regarded as a shareholder in a firm if they hold stock in it. A shareholder in a company may possess just one share of the company. As residual claimants on a company's earnings, shareholders may be eligible for dividends, capital gains (or losses), and other payments. In order to assess whether a certain diversification strategy is likely to increase value for shareholders, it is necessary to consider whether the firm will benefit from the change since more core capabilities will be developed. The better-off test is used to determine this.
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which of the following is not correct? a. renting is usually less expensive in the short run b. home ownership usually has long-term financial advantages c. lifestyle and financial factors should be analyzed to determine if you should rent or buy d. traditional financial guidelines suggest that your home should cost about 5 times your annual income e. renting is generally a temporary housing option
The following sentence is not correct is traditional financial guidelines suggest that your home should cost about 5 times your annual income.
Initially, renting an apartment would be more affordable up to the time where the present value of rental payments matches the cost of the unit, at which point it would become more pricey.
People must select between renting and owning based on factors such as finances, lifestyle preferences, etc. financial factors pertaining to the availability of funding to support purchases and the potential stability of the financing in the upcoming years. The owner of the property is entitled to a tax deduction for the interest on the mortgage and any property taxes paid throughout the years. These deductions cannot be applied to the renter.
Hence the correct option is D
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