Costs that change as the level of output changes are called Variable Costs
A variable cost is a corporate cost that adjustments of extent to how much an organization creates or sells. Variable costs increment or decline contingent upon an organization's creation or deals volume — they ascend as creation increments and fall as creation diminishes.
Instances of variable cost incorporate an assembling organization's expenses of unrefined components and bundling — or a retail organization's Visa exchange charges or transportation costs, which rise or fall with deals. A variable expense can be stood out from a proper expense.
The absolute costs caused by any business comprise of variable and fixed costs. Variable expenses are subject to creation result or deals. The variable expense of creation is a steady sum for each unit delivered. As the volume of creation and result increments, variable costs will likewise increment. Alternately, when less items are created, the variable expenses related with creation will thus diminish.
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problems such as identifying profitability, lack of accountability, and poor control, led businesses away from a multidivisional structure to a functional business structure. true false
It is true that firms moved from a multidivisional structure to a functional business structure as a result of issues with determining profitability, weak control, and a lack of accountability.
Which of the following helps a business link its centers of excellence?Anywhere in the world, centers of excellence can be connected via a network structure for the company.processes—the ways in which an organization makes decisions and completes tasks. shared beliefs and conventions among an organization's personnel are referred to as organizational culture.Firms moved from a multidivisional structure to a functional business structure as a result of issues with determining profitability, weak control, and a lack of accountability.To learn more about Firms refer to:
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Executive reports are summarized from ___________ reports.ManagementTacticalSupervisorStrategic
Executive reports are summarized from management reports. An organization's management, whether it be a corporation or a governmental body, is its administration.
Resource management for a corporation is both an art and a science. Setting an organization's strategy and organising its workers' (or volunteers') efforts to achieve its goals through the use of resources like money, the environment, technology, and people are all included in management. The terms "run the business" and "change the business" are used in management to distinguish between continuing to provide goods or services and modifying those same goods or services to accommodate shifting client demands or market trends. Any individual who oversees an organisation is considered to be in "management."
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Lauren is a healthy 27-year-old who does not plan to visit the doctor. What are the best reasons for her to find a health insurance plan anyway? choose two correct answers.
what statement about traceability is true? select an answer: it requires upfront setup and highly formalized documentation. it's maintained as long as the business analyst is assigned to the project. it provides the ability to track product requirements from their origin to the deliverables that satisfies them.
The statement about traceability that is true is c) It provides the ability to track product requirements from their origin to the deliverables that satisfy them.
Traceability is a powerful tool that allows organizations to track and manage product requirements from their origin to the deliverables that satisfy them. Hence, option c has the statement that is correct.
This enables organizations to efficiently trace information from the beginning of the product lifecycle all the way through to the customer. Traceability also helps organizations ensure that all requirements are met, and that any changes to the product are being tracked and managed properly.
In addition, traceability provides organizations with greater visibility into the product lifecycle, allowing them to identify and address any issues quickly and efficiently.
Traceability is essential for organizations looking to maximize their product quality and provide their customers with the highest levels of satisfaction.
The question can correctly be written as:
what statement about traceability is true? select an answer:
a) it requires upfront setup and highly formalized documentation.
b) it's maintained as long as the business analyst is assigned to the project.
c) it provides the ability to track product requirements from their origin to the deliverables that satisfy them.
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Which of the following would be classified in the M1 category of the money supply?
a. Ademand deposits
b. savings deposits
c. certificates of deposit
d. bonds
A demand deposits would be classified in the M1 category of the money supply.
Money stored in demand accounts at commercial banks is known as demand deposits or chequebook money. These account balances are typically regarded as money and make up the majority of a nation's strictly defined money supply. Simply explained, they are bank deposits that may be withdrawn immediately and without warning.
Demand deposits are often regarded as a component of the strictly defined money supply since they may be used to pay for goods and services and to repay debts via checks and draughts. Demand deposits and currency are typically included in definitions of a nation's money supply.
Hence the correct option is A
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What are the 3 basic elements of an automated system?
An automated system is made up of three basic components: power to carry out the process and run the system, a set of instructions to guide the process, and a control system to carry out the instructions.
An automated system is what, exactly?Automated system operations are a combination of hardware and software that are created and configured to function automatically without the need for a human operator to input data and give directions for every action.
What does an automated system's primary job entail?Systems for computerized monitoring and control of a process, equipment, or other device are known as industrial automation systems. These systems are typically employed to carry out repetitive activities. In order to decrease and enhance the amount of human work in the sector, they are designed to run automatically.
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Regarding the syllabus, how many midterm tests are there in IBUS 620 online edition?
Regarding the syllabus, three midterm tests are there in IBUS 620 online edition
IBUS 620 International Business and Global Market Research (Units: 3) Prerequisite: IBUS 330 with a grade of C- or higher, or instructor permission. Developing skills in international market analysis and business planning. Market research is the process of gathering, analysing, and interpreting information about a market and the people who make up that market. Internationally, market research is critical for determining potential market compatibility and drawing market comparisons. International market research is an essential component of effective export planning.It is essential to assess and assess your product's demand in addition to considerations related to a specific export destination.
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A client is being discharged with a postoperative infection, requiring daily home IV antibiotics through a peripherally inserted central catheter (PICC) line. Which of the following actions should the case manager perform prior to discharge?
a. Ensure that home infusion therapy has been arranged. It is the case manager's responsibility to ensure that all necessary referrals have been made to facilitate the client's transition to home care.
b. The home health nurse caring for the client has the responsibility to assess the clients home environment. The nurse who is discharging has the responsibility to verify the patentcy of the PICC line and provides dressing change and wound assessment teaching.
The case manager should a. Ensure that home infusion therapy has been arranged. It is case manager's responsibility to ensure all necessary referrals have been made to facilitate the client's transition to home care.
A person with special needs can remain at home with the help of home care. It might be appropriate for older individuals (ageing in place). It might also be for those who have a handicap, are recovering from surgery, or are chronically ill. It is essential to make sure home infusion therapy is scheduled.
The case manager is in charge of making sure that all referrals required to ease the client's transition to home care have been made. The client must have access to the medicines and equipment they need to complete their therapy at home. The client should have a clear grasp of their treatment plan and what to anticipate following discharge, and the case manager should ensure that any referrals required to ease the client's transition to home care have been made.
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What are the 4 main risks of investing?
The chance that investments will lose value as a result of market-wide changes in the economy or other factors. Equity risk, interest rate risk, and currency risk are the three primary categories of market risk.
What are investment risk?The chance or likelihood of losses occurring in relation to the anticipated return on any given investment is known as investment risk. Simply said, it is a measurement of the degree of uncertainty in reaching the returns that the investor expects. The magnitude of unexpected outcomes to be experienced.When evaluating an investment's prospects, risk is a crucial factor. Less risk is viewed favourably by the majority of investors when making an investment. The investment is more profitable the lower the danger is to it. The general consensus is that the greater the risk, the greater the potential reward.Your investments will eventually lose value. Because stock prices will continue to increase and fall, you should get at ease with that notion. It is helpful to keep in mind that, on the day you must sell, the value of your investments takes precedence.To learn more about investments refer :
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a project that will provde annual cash flows of $2,550 for nine years costs $10,500 today. at a required return of 11 percent, what is the npv of the project? note: do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. at a required return of 27 percent, what is the npv of the project?
To calculate the net present value (NPV) of the project, you can use the following formula:
NPV = ∑ (cash flow / (1 + discount rate) ^ t) - initial investment
Where t is the number of periods in which the cash flow occurs (in this case, t is equal to 1 for the first year, 2 for the second year, and so on).
What is the calculation for the same?At a required return of 11 percent, the NPV of the project would be:
NPV = $2,550 / (1 + 0.11) ^ 1 + $2,550 / (1 + 0.11) ^ 2 + ... + $2,550 / (1 + 0.11) ^ 9 - $10,500
= $2,550 / 1.11 + $2,550 / 1.121 + ... + $2,550 / 2.449 - $10,500
= $2,297.65 + $2,222.93 + ... + $1,038.87 - $10,500
= $15,262.69 - $10,500
= $4,762.69
At a required return of 27 percent, the NPV of the project would be:
NPV = $2,550 / (1 + 0.27) ^ 1 + $2,550 / (1 + 0.27) ^ 2 + ... + $2,550 / (1 + 0.27) ^ 9 - $10,500
= $2,550 / 1.27 + $2,550 / 1.541 + ... + $2,550 / 6.982 - $10,500
= $2,007.48 + $1,651.34 + ... + $361.70 - $10,500
= $9,100.42 - $10,500
= -$1,399.58
Therefore, at a required return of 11 percent, the NPV of the project is $4,762.69, and at a required return of 27 percent, the NPV of the project is -$1,399.58.
What is net present value?Net present value (NPV) is a financial measure used to evaluate the profitability of an investment or project. It represents the difference between the present value of the expected cash flows from the investment and the initial cost of the investment.
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refer to the accompanying consolidated balance sheet for the commercial banking system. assume the required reserve ratio is 12 percent. all figures are in billions of dollars. if commercial bankers decide to hold additional excess reserves equal to 7 percent of any newly acquired deposits, then the relevant monetary multiplier for this banking system will be
Excess reserves will disappear if the commercial banking sector really lends the maximum amount it is permitted to lend.
When the legal reserve ratio is 20%, how much money-making capacity does the entire banking industry have?When the Federal Reserve lowers the reserve ratio, banks are allowed to offer more loans to consumers and companies. As a result, banks no longer need to hold as much cash in reserves. As a result, the economy expands and the nation's money supply rises.
If the reserve ratio is 20%, commercial banks may increase the money supply by $5,000. If the Fed purchases a $1,000 bond from the general public, $1,000 in checkable deposits result.
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Information turnaround time referes to the time between creating a ____ at an upstream resource and detecting it at a downstream resource.
Information turnaround time refers to the time between creating a defect at an upstream resource and detecting it at a downstream resource.
The length of time required to shut down a particular asset or an entire operation at an industrial facility in order to perform maintenance or carry out another procedure is known as the turnaround time. These times are frequently referred to as downtime, scheduled outages, or plant turnarounds. Turnaround time is the amount of time the plant must be shut down for maintenance if the complete facility needs to be maintained.
The upstream phase of manufacturing does not handle the raw material in any way, including processing it. The raw material is just located and extracted at this step of the process. The resources gathered during the upstream stage are converted into a final product during the downstream production phase.
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Which of the following is a guideline that assists in effective email usage?
a. Do not contribute to email overload.
b. Check mails once every week.
c. Do not use separate accounts for receiving messages.
d. Send messages that are formatted.
A guideline assisting in effective email usage is a. Do not contribute to email overload.
The abbreviation e-mail stands for electronic mail, which can be used to refer to any type of message that allows users to send information to one another through a network. Simply put, an email allows users who have an email address to communicate with one another online. While writing an email, one should be clear and concise and should avoid including unnecessary information or sending long emails.
Avoiding contributing to email overload is an important guideline to follow in order to effectively use email. Email overload occurs when a person receives a large volume of emails in a short period of time, or when they have difficulty managing the emails they receive. It can lead to stress, decreased productivity, and difficulty prioritizing tasks.
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When should you use kanban vs Scrum?
Kanban vs Scrum should be used when one needs both agile software development methodologies
Agile practises in software development include requirement discovery and solution improvement via collaborative work of personality and cross-functional teams with their customer(s)/end user(s), given amount of risk, evolutionary development, early delivery, continuous improvements, and flexible responses to changes in requirements, capacity, and recognising of the problems to be solved.
The capacity to innovate and adapt to change is agile. It is a strategy for navigating a complex and chaotic environment and ultimately prospering in it. The name "Agile" was chosen by the writers of the Agile Manifesto to describe the entire concept because it embodied the adaptability and capacity for change that were crucial to their methodology.
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Should I take standard deduction?
You should undoubtedly itemize your deductions and save money if your standard deduction is lower than your itemized deductions.
What is standard deduction?
The standard deduction is a sum of money that non-itemizers are permitted to deduct from their income under US tax law before income tax (but not other types of tax, such payroll tax) is applied.
Taxpayers have the option of using itemized deductions or the standard deduction, but they typically opt for the one that lowers their overall tax bill. Individuals, married individuals, and heads of household who are residents for tax purposes as well as US citizens and aliens are eligible for the standard deduction.
Based on filing status, the standard deduction normally rises every year. Non-resident aliens living in the United States are not eligible to use it (with few exceptions, for example, students from India on F1 visa status can use the standard deduction.
Hence, You should undoubtedly itemize your deductions and save money if your standard deduction is lower than your itemized deductions.
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How did this client benefit from using an enterprise platform?
Using the enterprise platform allowed this client to access a number of features that can help them run their business more effectively. The platform also provides the ability to generate reports to track sales, profits and customer trends, helping the client make more informed decisions.
For example, the Platform may provide the ability to create and manage customer profiles, create customized marketing campaigns, track customer interactions, and securely store customer data. In addition, the platform can integrate with other business tools, such as accounting and order management applications, which can help streamline operations. Overall, the enterprise platform provides the client with a comprehensive view of their business and the ability to easily manage and analyze customer data.
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The expected return for an asset is 18.75 percent. If the return distribution for the asset is described as in the following table, what is the variance for the asset's returns? (Round intermediate computations and final answer to 6 decimal places.)Return Probability0.10 0.250.20 0.500.25 0.25
The expected return on portfolio for a security is 18.75 percent then the variance for the asset's returns is 29.6875% .
What is expected return on portfolio?The variance of a portfolio measures how much the returns depart from the mean, whereas the expected return on portfolio represents the anticipated amount of returns that a portfolio may create.
In the given case scenario the expected return on portfolio or average mean is 18.75% or [tex]\bar{x}[/tex] = 0.1875
Statement of Expected Return using Probability
Return Probability (p) [tex]x-\bar{x}[/tex] [tex](x-\bar{x})^2[/tex]×100 [tex]p(x-\bar{x})^2[/tex]
0.10 0.25 -0.0875 76.5625 19.140625
0.20 0.50 0.0125 1.5625 0.781250
0.25 0.25 0.0625 39.0625 9.765625
Variance = 29.6875 summation of All the three probabilities with respective mean deviation from mean.
Therefore the variance i.e. square of standard deviation from the portfolio expected return is 29.6875%.
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What do the terms floor and ceiling mean?
While the price floor is the minimum price that is set for a product, a price ceiling is a maximum price that is set for a product
A price floor is the lowest price that is established for a good or service and below which it cannot be sold. A price floor serves to prevent manufacturers of a specific commodity or service from charging excessively low rates for their wares. A price ceiling is a cap placed on the highest price at which a commodity may be sold. In these cases, a price cap is intended to shield customers from paying exorbitant costs for a certain commodity.
Although price ceilings and floors can both be employed to control pricing in a market, their impacts may vary. Price floors can result in a surplus, or an oversupply, of a specific article or service since they prevent producers from selling their commodities for less. Price caps can result in shortages or excessive demand for a given commodity since customers are ready to pay more but aren't authorised to.
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Which component of an enterprise platform focuses on this aspect of the company's needs?
Core processing is the component of enterprise software focuses on this aspect of company's needs.
What is an enterprise software?Computer software used to fulfill corporate needs rather than those of individual users is referred to as enterprise software (sometimes known as enterprise application software, or EAS). Such organizations include, but are not limited to, businesses, schools, user groups focused on a particular subject, clubs, charities, and governments. These systems manage a range of organizational operations to enhance business and management reporting tasks. The systems must process data very quickly and can be utilized on many different networks. Enterprise software frequently includes functionalities for commercial use as part of its offerings. Since similar departments and systems are frequently shared by enterprises, enterprise software is occasionally provided as a collection of flexible packages. These IT solutions can be used to manage databases, client interactions, supply chains, business operations, and other things.
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Perform a value chain analysis for Pfizer.
The effective Value Chain Analysis requires Pfizer to realize that all activities or functions do not require the same scrutiny level.
What is the Value Chain Analysis?Value chain analysis is a technique for assessing each activity in a business model of a company to identify areas for improvement. You are prompted to think about how each phase adds or subtracts worth from your ultimate product or service when you conduct a value chain analysis.
Delivering the most value again for the least amount of money is a value chain's main objective to gain a competitive edge.
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What is an example of costs and benefits?
Every decision in life has advantages and disadvantages. A decision's benefits are what results from it. A cost is what is forfeited or lost as a result of a choice. Benefits and costs might take the form of monetary values or other considerations, such as how a decision will affect your emotions.
Project A: Building a new product will cost $100,000, and sales of $100,000 per unit are anticipated (unit price = 2). Therefore, 200,000 advantages are sold. The straightforward CBA calculation for this project is 200,000 in financial benefit minus 100,000 in cost, which results in a net benefit of 100,000.
Project B: Improve the product positioning on the sales portal, add a shopping basket, and provide a "keep shopping" option when checking out to enable numerous products to be purchased at once. The cost is $20,000 and the anticipated sales growth will generate $200,000 in revenue. The straightforward CBA calculation for this project is 200,000 in financial benefit less 20,000 in cost resulting in a net benefit of 180.000.
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The segment margin equals the segment's contribution margin less the segment's __________ fixed costs
The segment margin equals the segment's contribution margin less the segment's traceable fixed cost.
A traceable fixed cost is one that is incurred as a result of the existence of a segment. The fixed cost would not have been incurred if the segment had never existed, and it would disappear if the segment were eliminated. Fixed costs, such as overhead, are generally unavoidable because they must be incurred regardless of whether a company sells one or a thousand units. The profit or loss derived by one factor of a business is referred to as segment margin. Segment margin only acknowledges the company's revenue and expenses.
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What are examples of long term investments?
Real estate, stocks, mutual funds, exchange-traded funds (ETFs), long-term bonds, and annuities are some examples of long-term investments.
Long-Term Investments: What Are They?
Investments made for a longer length of time, often three to seven years, are referred to as long-term investments. In the financial and accounting worlds, we refer to it as lasting longer than a year. These investments contribute to wealth building because they are intended to be held for a number of years, leading to an increase in real value.
Long-term investments include those made in commodities such as gold, real estate, stocks, bonds, mutual funds, ETFs, and stocks. In addition, a long-term investment is any investment made in an asset or financial instrument that is held for the long term.
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What are the three most common types of scanners What type of data does each scan?
There are three different types of scanners available: handheld, flatbed, and drum scanners. Drum scanners are usually utilized in the publishing business to print high-quality photos, while flatbed scanners are typically found in workplaces and schools.
What is scanner explain?A scanner is a tool that takes photographs from photographic prints, posters, magazine pages, as well as other sources so that they can be edited and presented using computers. The image on a page is transformed into digital data that may be saved on a computer by scanners using optical character recognition (OCR). A scanner is an input device that records written and visual content from documents. Scanners often come in three different categories: Shaker Scanner: In a drum scanner, the light from the target item is optically separated into distinct red, blue, and green beams, sharpening the image.
What are the scanners used for?The two most common types are the transmission electron microscope (TEM) as well as the scanning electron microscope (SEM). A transmission electron microscope is used to see thin specimens that permit electrons to pass through and create images, such as molecules and tissue slices.
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evansville inc. applies overhead to production at a predetermined rate of 80% based on direct labor cost. job no. 270, the only job still in process at the end of june, has been charged with manufacturing overhead of $6,400. what was the amount of direct materials charged to job 270 assuming the balance in work in process inventory is $20,000?
Assuming the remaining inventory of work in progress is worth $20,000, the total amount of direct commodities invoiced to task 270 was $5,600.
What does inventory mean?All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Just one newspaper will be regarded as inventory if a print vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Briefing:
First, we need to calculate the direct labor added to Work in Process:
Direct labor= allocated overhead / predetermined overhead rate
Direct labor= 6,400 / 0.8
Direct labor= $8,000
Now, by difference, the direct materials:
Direct material= Ending balance - allocated overhead - direct labor
Direct material= 20,000 - 6,400 - 8,000
Direct material= $5,600
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Is there a relationship between the conclusion and the data analysis results explain your answer?
A scientific research method must include both data as well as conclusions as essential components. Data are the findings gathered throughout the course of a study as well as experiment.
Conclusions represent how you interpreted the evidence. Inspection, modification, modeling, and transformation of data are all included in data analysis depending on the study topic. The final inference from either the data analysis, evaluation of the literature, as well as findings would be the conclusion.
Inspection, cleansing, transformation, and modelling of data are all steps in the analysis process, which aims to highlight pertinent information, make inferences, and aid in decision-making.
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What are three interest groups functions?
Interest groups perform three fundamental tasks: member support, policy development, and advocacy.
What serves as the primary purpose of an interest group?The major objective of an interest group is to influence public opinion in favor of their constituents or their causes. Another objective of these groups is to educate the public and policymakers about the problems that they are trying to solve.
Which word most accurately describes an interest group?Interest groups are organizations of people, either formally or informally, who try to influence public policy in their favor. They may support social causes, corporate and business interests, or religious and ideological beliefs.
What do certain interests desire?Patrons provide the organisations with the initial funds they need as interest groups are formed to attempt to influence political decisions. Thanks to changes in the political climate and new technology, people can more easily mobilize for political action at the national level and locate others who share their political beliefs.
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What production is most profitable?
Financial Services: Bankers usually have a lot of money. According to the World Wealth Report, 35.7% of respondents said that finance was one of the three industries that were most likely to produce more millionaires.
Which product is sold the most worldwide?
Clothing and fashion items are the items that sell the most worldwide. This includes everything from clothes for women and men to clothes for kids, shoes, accessories, and more. Fashion is here to stay because people adore their clothes!
Which sector generates the greatest profits?Estates and Trusts in the US.Charge Planning Programming Designers in the US. Gardeners, nannies, and maids in the United States.Land leasing in the United States.American industrial banks.Private RV and Trailer Park Administrators in the US. Stock and Ware Trades in the US.To learn more about Financial Services here:
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What are the 3 core goals of sustainability?
These are the goals of sustainability at Accenture:
The best and most appropriate response is that sustainability will be the new digital for providing limited resources.
Accenture's primary duty is to decrease carbon emissions from large bog towers and transfer energy to automobiles for societal and commercial advantages.
Accenture's key objective is to eliminate pollution, stop carbon emissions that are bad for society, start recycling, and cause the least amount of damage possible to water resources.
Both producing products and making our operations sustainable are under pressure from drawbacks.
In order to treat the need to become sustainable as a corporate social obligation, consumers will not pay more for environmentally friendly items.
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What are two reasons companies like to issue stocks?
The two reason why companies like to issue stocks is because the stocks can expand the funding and can improve the borrowing ability.
What is stocks?Stocks is a protection that represents the possession of a fragment of the issuing corporation. Units of inventory are called "shares" which entitles the proprietor to a share of the corporation's belongings and earnings same to how an awful lot inventory they own.
Stocks are sold and bought predominantly on inventory exchanges and are the muse of many person investors' portfolios. Stock trades must comply with authorities rules supposed to shield buyers from fraudulent practices.
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