The US has a free market system, that is, there is less state control over the economy.
What is the free market system?It corresponds to an economic system that underlies capitalism, that is, economic exchanges are carried out between individuals and companies with the objective of obtaining profitability, through the private sector.
The free market system has as benefits the greater autonomy of citizens to carry out voluntary exchanges that directly influence the economic flow of the country.
In this system, economic agents are free, that is, the economic laws of supply and demand occur naturally, that is, they are directly influenced by the quantity of goods and services produced and the purchasing power of the population.
Therefore, the free market is an independent, decentralized system whose demand and supply are influenced by economic production and money transfer, without government control.
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Which analytic used in healthcare is calculated as a proportion of new cases compared to person-time unit?
A. Cumulative incident
B. Morbidity rate
C. Prevalence
D. Incidence rate
Option D. The incidence rate is the analytic used in healthcare is calculated as a proportion of new cases compared to person-time unit.
What is the incidence rate?The rate at which a new event appears over a predetermined amount of time is referred to as the incidence rate. Simply put, the incidence rate is the number of new cases over a specified period of time (the numerator) divided by the total population at risk for the disease (the denominator).
Although cumulative incidence is usually referred to as a "rate," it actually refers to the percentage of people who experience the event over a predetermined period of time.
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Lannister Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 21 percent, and its cost of debt is 10 percent. If the tax rate is 34 percent, what is the company's WACC?
Multiple Choice
16.56%
11.83%
14.98%
12.79%
15.77%
The Weighted average cost of capital (WACC) is E. 15.77%.
How to find the weighted average cost of capital (WACC)?Using this formula to find the WACC
WACC = Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity
Let plug in the formula
WACC = (1/1.57)(.21) + (.57/1.57)(.10)(1 − .66)
WACC = 0.13375 + 0.02396
WACC = 0.1577 × 100
WACC = 15.77%
Therefore the correct option is E.
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What steps can you use to unprotect a form so you can make changes to it?
1. In the Restrict Editing pane, click
.
2. Type the
, and click OK.
3. Under
, remove the check mark to unprotect the form.
The necessary steps to use to unprotect a form so you can make changes to it are:
1. In the Restrict Editing pane, click the Protect group.
2. Type the Protect Document and click OK.
3. Under Protect Document, remove the check mark to unprotect the form.
What is a form protection?It is a form of tiny, simple and non-invasive spam protection for online forms. The protection, is most based on the assumption that spam bots are not running JavaScript when loading targeted forms.
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Answer:
1. In the Restrict Editing pane, click ✔ Stop Protection
2. Type the ✔ password and click OK.
3. Under ✔ Editing restrictions, remove the check mark to unprotect the form.
Describe why teams may have an advantage over individuals in decision making and job performance.
Answer:
Because teams have specific shared goals, team members usually enjoy greater autonomy, variety, task identity, task significance, and feedback.
Explanation:
Teams often enjoy the social support for difficult tasks, improving morale and motivation. Another benefit of teams is to improve product and service quality.
International trade is fundamentally a ________________________.
a. win-lose situation
b. lose-lose situation
c. win-win situation
d. war which is won by the strongest
International trade, at its core, is a win-win arrangement. Hence, the right option is (c.) a win-win situation.
What is International trade?International trade is the exchange of commodities and services between countries. Because of global commerce, people and countries have access to commodities and services that are either unavailable or more expensive in their own countries.
Tariffs, quotas, and nontariff barriers are the most frequent forms of trade restrictions. In international trade, a tariff is a federal government-imposed import tax that boosts the price of an item for the customer. Tariffs, sometimes known as levies or import charges, often begin by imposing limits on certain items.
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Ball-Mart, a baseball card store, had a 1968 Nolan Ryan rookie card in almost perfect condition for sale. Any baseball collector would have known that the card was worth at least $1,000; the published monthly price guide listed its market value at $1,200. Bryan was a 12-year-old boy with a collection of over 40,000 baseball cards. When Bryan went to Ball-Mart, Kathleen, who knew nothing about cards, was filling in for the owner. The Ryan card was marked "1200," so Bryan asked Kathleen if this meant twelve dollars. She said yes and sold it to him for that amount. When Ball-Mart's owner realized the mix-up, he sued to rescind the contract. Who wins and WHY?
The defendant in this case is the person that would have to win the case that we have here. The defendant is Bryann
He would win because by the time that he made this purchase, it was confirmed to him that 12.00 dollars was the price. The mistake was from the attendant.
What is the issue that is presented in this case?Ms. Kathleen, the owner's replacement in B Mart, has no knowledge about rookie cards or baseball cards. To a 12-year-old child who owned a collection of 40,000 baseball cards, she sold "The R card" for $12.
The card had a $1,200 value. The owner of the B Mart filed a lawsuit to have the agreement revoked after realizing the error.
Given the aforementioned instance, the owner of B Mart was unable to recover much of the damage he sustained as a result of Ms. Kathleen's lack of knowledge regarding the costs of the products. If Ms. Kathleen had received sufficient training regarding her job duties, she would have offered the customer the products at a marked-down price.
In this case, the owner of B Mart lacks the necessary evidence to demonstrate that he is right and the other party is wrong.
As a result, the defendant would prevail in the dispute with the harmed party.
Bryan would therefore win.
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You are a salesperson at a paper company that has recently instituted a no cell phones in the workplace policy. Having a cell phone out during work hours may lead to a demerit which could lead to the eventual loss of your job. Write a letter to your manager explaining why you either support or are against this new policy.
Considering the situation described in the question, to write a letter to your manager explaining why you either support or are against this new policy, such a letter will have to be a formal letter.
Writing a Formal Letter to your manager.Usually, when an employee is writing to his manager on the issue of the workplace, it is expected that the intonation and structure of the letter should be formal. This is to make the content of the letter official and different from any other form of a letter.
Therefore, in this case, write a letter to your manager explaining why you either support or are against this new policy, to have to follow these steps.Use Email to write this letter, as it will be faster to deliver.Copy other HR managers in your company.If you're using email, use a company email.Start with a Salutation such as "Dear Sir, "Mention your name and quickly go to the point.List why you are supporting or going against the policy in bullet points.Make your points in simple sentences and very clearly.Close it with a short explanation that your letter is a suggestion, not a directive so as not to sound confrontational End your letter with a salutation such as "Yours faithfully, "Hence, in this case, it is concluded that the right method to use in airing your opinion to the manager concerning the new policy is through a formal letter.
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Just as blood pressure, weight, height, and cholesterol numbers can help a doctor determine the overall health of a person, the______ can help a business owner understand the health of the business.
Answer:
Financial Statements.
Just as blood pressure, weight, height, and cholesterol numbers can help a doctor determine the overall health of a person, the financial statements can help a business owner understand the health of the business.
The Financial Statements help a business owner understand the health of the business. Correct answer is financial statement.
What is Health?Health is "a condition of total physical, mental, and social wellness and not only the absence of disease or disability," according to the World Health Organization (WHO).
A financial statement is a document that details the operations and performance of a company's finances. Lenders and investors use it to evaluate a company's financial stability and earnings potential. Although they can be generated for any time period, financial statements are most frequently created at the end of a month, a quarter, or a year.
As a result, Just as blood pressure, weight, height, and cholesterol numbers can help a doctor determine the overall health of a person, the Financial statements can help a business owner understand the health of the business.
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An extended recessionary period is indicative of. A) a depression. B) the start of a recovery. C) a growing economy. D) the end of a recession.
Answer:
A) a depression.
Explanation:
The correct option A) a depression; defines the extended recessionary period.
Define the term extended recessionary period?According to the NBER, a recession is a time between a business cycle's peak and its bottom when there is a considerable drop in economic activity across the board and it can endure for a few years.
It is unfavorable and is characterized by an increase in unemployment, a wave of corporate bankruptcies, frequent bank failures, and subpar or negative economic growth.Recession-related economic hardship can have far-reaching effects, change an economy, and trigger despair.A depression is a protracted, severe recession marked by high unemployment rates and a drop in output of above 10%.Due to the long-lasting effects that declining asset prices including bank losses have on economic activity, a balance sheet recession is now more likely to result in a depression.To know more about the extended recessionary period, here
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Suppose your salary in 2015 is 75,000 if the annual inflation rate is 6% what salary do you need to make in 2022 in order to keep it up with inflation round your answer to the nearest cent if necessary
The salary needed to be made in 2021 in order to keep up with the inflation is $112,772.27
What is an equation?Basically, an equation refers to an expression that shows the relationship between two or more variables and numbers. An inflation rate means the rate at which there is a rise in prices which can be translated as the decline of purchasing power over time. It means the rate at which purchasing power drops can be reflected in the average price increase of a basket of selected goods and services over some period of time.
Given that: Salary in 2015 is 75,000 if the annual inflation rate is 6%. Let y represent the money needed to keep up x years since 2015. Since the inflation is 6%, hence:
y = 75000(1.06)ˣ
in the year 2022, x = 7:
y = 75000(1.06)^7
y = 75000*1.50363025899
y = 112772.269424
y = $112,772.27
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Which type of advertising is used to sell a particular brand of product?
Answer:
Brand advertising is a form of advertising which helps establish connections and build strong, long-term relationships with consumers over time. Companies that use brand advertising aim to get long-term positive recognition.
Why is the office critical to business success
In summary, business service professionals may play three roles: customer satisfaction, productivity, and sales generation, which frequently leads to office role conflict and stress.
The primary function of an office setting is to assist its occupants in carrying out their duties. In an office, the work spaces are often used for traditional office tasks such as reading, writing, and the computer work. There are nine different sorts of work spaces, each of which supports a different business activity. Offices play an important role in the cooperation by providing a space for collective. As a group, ideas can be shared and developed more easily.
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Please I need help with this exercise, I'm struggling so hard!
Based on this table from week 1 (Table2 attached).
-During the second week of business, the following transactions, all through the business bank account as appropriate, took place:
i. On 8 October M paid by cheque a quarter of the money owing on her payables account.
ii. On 11 October M paid by cheque £600 for two weeks’ rent for her business premises.
iii. On 11 October M paid by cheque £250 for two weeks’ insurance.
iv. By the end of the day on the 14 October (i.e. after two weeks of trade), M had made sales for £4,000. Fifty per cent of the sales had been in cash and the rest on credit. M had sold all her inventory after these two weeks of trade.
Using the new template below, demonstrate how the transactions in the second week will affect the expanded accounting equation (Assets = Capital + (Income – Cost of Sales – Expenses) + Liabilities. Your answer should include a summary total for each of the Assets, Capital, and Liabilities at the beginning of the second week, i.e. from your answer to part (a), as well as at the end of the same week.
(Template attached as TableToFollow).
Thank you sooo much!
A demonstration of how the transactions in the second week will affect the expanded accounting equation is as follows:
Assets = Capital + (Income – Cost of Sales – Expenses) + Liabilities
Balance from
Week 1 £16,430 = £14,930 + £1,500
1. -375 -375
2. -600 £ -600
3. -250 -250
4. 4,000 £4,000
4. -1,500 £1,500
Bal. £17,705 = £14,930 + £4,000 - £1,500 - £850 + £1,125
Bal. £17,705 = £16,580 + £1,125
What is the accounting equation?The accounting equation is a statement that assets are always equal to capital or equity plus liabilities, given each business transaction.
Also known as the balance sheet equation, the accounting equation is the basis for the double-entry system of accounting.
Transaction Analysis:1. Accounts Payable £375 Bank £375
2. Rent Expense £600 Bank £600
3. Insurance Expense £250 Bank £250
4. Cash £2,000 Accounts Receivable £2,000 Sales Revenue £4,000
4. Cost of goods sold £1,500 Inventory £1,500
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How did they get they find $200,000 loss?
Hi the answer to that would be $26,000,000
what is fruit storage? write its benefits.
Answer: Fruit storage is a key part of the conservation and logistics chain.
Explanation:
Cold storages for fruits and vegetables are a key part of the conservation and logistics chain. Adapting to different climates, whether Mediterranean, tropical, or desert, and keeping certain types of fruit in perfect condition for consumption has been a task that has been perfected over time. If you are planning to start your cold storage, let’s learn more about what is cold storage of fruits.
While technology continues to evolve, to create cold storage that keeps the fruit more efficiently, applying high technology with characteristics that allow controlled ripening and de-greening to maintain the optimal freshness of fruits and vegetables.
For farmers, processors, and distribution chains, cold storage for vegetables and fruit has allowed us to go further and further, with controlled costs and maintaining adequate quality to reach the final consumer’s fruit bowl with optimum quality.
For this reason, it is of vital importance for the distribution chain to opt for refrigerated preservation of vegetables, which may allow these foods to be preserved in the best possible way and for a longer period. Let’s first learn what is cold storage of fruits?
What is cold storage of fruits?
The use of a cold storage chamber for fruit delimits a space where the conservation elements allow the nutrients, flavor, and freshness of the food not to deteriorate at the natural rate.
The control of oxygen levels, the CO within it, which in turn restricts the growth and multiplication of microorganisms or ethylene, is key to reducing the oxidation of foods such as oranges, tomatoes, pepitas, bananas, kiwis, lettuce, and all the variety of leafy vegetables, aubergines, peppers and so many other vegetables that the fertile orchards provide to the market every day.
The food stored in the cold storage for vegetables under controlled temperature is kept fresh for variable periods depending on what type of vegetable it is. And all this is done simply by pressing a button on the front of the cold storage, but of course for this quality fruit and vegetable refrigeration facilities are needed in addition to having specific settings, which not only preserve but also allow reducing losses in weight and quality.
The cold storage for vegetables and fruits is capable of maintaining up to 16mbar, which is the ideal pressure level to preserve and preserve most fruit vegetables. It is also capable of reducing humidity levels in the air, thereby discouraging mold growth.
The size of the cold storage for fruits and vegetables compartment is adaptable according to requirements and several pallets of vegetables can be stored without problems. The device can be powered by electricity and in case the electricity goes out it is kept on using medium-duration batteries.
Jose makes a base monthly salary of RM2700. He gets a 10% commission on all sales
for every month. There is also an additional 10% bonus on top of the normal commission
rate for any sales over RM39000. If Jose sold RM42000 worth of items this month, what
is his total salary for the month?
If Jose sold RM42000 worth of items this month, his total salary for the month is $4200.
How to find the total salary?Amount past quota sold = Amount eligible for normal commission rate
Amount past quota sold = Amount sold - Monthly quota
Amount past quota sold = $42000 - $30000
Amount past quota sold = $12000
Amount past required quota for bonus commission rate = $42000 - $39000
Amount past required quota for bonus commission rate= $3000
Amount made from normal commission= 10%× $12000
Amount made from normal commission = $1200
Amount made from bonus commission =10% × $3000
Amount made from bonus commission= $300
Total amount made=$2700 + $1200 + $300
Total amount made= $4200
Therefore $4200 is the total salary.
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The complete question is:
Jose makes a base monthly salary of $2700. As a vendor, he must sell $30000 worth of items per month. He also makes a 10% commission on all sales beyond the monthly quota. There is also an additional 10% bonus on top of the normal commission rate for any sales beyond $39000. If Jose sold $42000 worth of items this month, what is his total salary for the month including base salary and commission to the nearest dollar?
A parallel interface standard that allows you to connect multiple devices to
a single interface adapter in a daisy chain configuration.
A multiline channel that has multiple lines capable of simultaneously sending data is referred to as a parallel interface. Most personal computers (PCs) have at least one parallel interface for attaching a printer using a parallel connection until USB ports became widely used.
Parallel interface Standard:
A serial port is an interface that enables a personal computer (PC) to send and receive data via a network of connected peripheral devices, such as a printer, using numerous cables. The Centronics port, used mostly for printers, is the most popular parallel port.
A wiring design known as a "daisy chain" in electrical and electronic engineering is one in which several devices are connected in a row or ring, resembling a garland of daisy blossoms. Power, analog signals, digital data, or any mix of the three may be transmitted using daisy chains.
A daisy chain is a sort of network topology that governs the connections between network nodes, which are usually computers. Different network topologies enable goals including fault tolerance, persistence, and simplicity of use.
The Centronics parallel interface, created and used in the Centronics 101 model printer in 1970, was the first parallel interface. This became the norm, although several types of wires were needed. Up to 50-pin connectors were produced by businesses including Dataproducts.
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a 5 year, zero-coupon bond has a maturity of $1000 and a present market price of $713. Its duration in years is
a. 4.7
b. 5
c. 4.2
d. 3.9
The duration in years of a 5-year zero-coupon bond with a maturity of $1,000 is B. 5.
What is the duration of a bond?
The duration of a bond refers to its maturity period starting from the issuance date.
The duration of a bond measures the likely price changes that may happen with interest rate changes, thereby measuring the interest rate risk inherent in the bond.
Calculating the duration of a bond enables investors to gauge how changes in the interest rate affect the bond's price.
At the end of the bond's duration, the face value is expected to be repaid to the bondholder.
However, within the intervening periods, the bond attracts periodic interest payments unless it is a zero-coup bond, whose market price is always less than the face value.
A 5-year bond does not have a duration of 4.7, 4.2, or 3.9 years.
Thus, the bond's duration is Option B, usually five years from the issuance date.
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On November 1, 20X1, Gerakos Corporation sold software and a six-month technical support contract to a customer for $80,000. Gerakos sells the same software without technical support for $60,000. It sells technical support for $30,000. Gerakos allocates the transaction price based on relative stand-alone values.
Required:
What amount of revenue does Gerakos recognize in 20X1 and in 20X2? (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.)
The amount of revenue does Gerakos recognize in 20X1 is $62,222 and in 20X2 $17,778
What is Transaction price?Transaction price is the pricing that is used when two products are sold together at a discounted price, the transaction price needs to be determined based on the stand alone prices of the products and then allocating the actual sales amount.
Transaction price determines the amount that needs to be recorded in a single period, and therefore is an important step to be performed in case of combo sales at discounted prices.
The calculation is as follows,
$60,000 + $30,000 = $90,000
Software $80,000 * ($60,000 / $90,000) = $53,333
Technical Support for 6 months $80,000 * ($30,000 / $90,000) =$26,667 * 2 / 6 = $8,889. (Multiplied with 2 months out of 6 months)
20X1
$53,333 + $8,889 = $62,222
20X2
$26,667 - $8,889 = $17,778
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Which of the following is an advantage of having a task force?
An example of secondary research is
Answer: ''textbooks, encyclopedias, news articles, review articles, and meta analyses.''
Explanation:
Authors may use data from scholarly publications, official records, statistical databases, and historical documents when conducting secondary research.
A silver mine can yield 10,000 ounces of silver at a variable cost of $32 per ounce. The fixed costs of operating the mine are $40,000 per year. In half the years, silver can be sold for $48 per ounce; in the other years, silver can be sold for only $24 per ounce. Ignore taxes. a)What is the average cash flow you will receive from the mine if it is always kept in operation and the silver is always sold in the year it is mined? b)Now suppose you can costlessly shut down the mine in years of low silver prices. What happens to the average cash flow from the mine?
The Average cash flow for Question A is $314,000.
The Average cash flow for Question B is $100,000.
What is an Average cash flow?This refers to the average amount of cash or cash-equivalent which a company receives or gives out by the way of payments to creditors.
The average cash flow to receive from the mine if it is always kept in operation and the silver is always sold in the year it is mined is computed as follows:
Average cash flow:
= (Best-case cash flow × % of time) + (Worst-case cash flow × % of time) - Variable costs - Fixed costs
= ($48 * 10,000 * 0.50) + ($24 * 10,000 * 0.50) - ($12,000 * 0.50) - $40,000
= $314,000
Supposing we can costlessly shut down the mine in years of low silver prices. What happens to the average cash flow from the mine is as computed as follows:
Average cash flow:
= (Best-case cash flow × % of time) + (Worst-case cash flow × % of time) - Variable costs - Fixed costs
= ($48 * 10,000 * 0.50) + $0 - ($24 * 10,000 * 0.50) - ($40,000 * 0.50)
= $100,000
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What is the relationship between interest rate, aggregate income, and price level?
The relationship is that A growth in aggregate demand increases total output, which then fuels a rise in the need for money. This further fuels an excessive demand for money, which raises the interest rate.
What is meant by the aggregate income?The sum of all incomes in an economy, unadjusted for taxes, inflation, or other sorts of double counting, is known as aggregate income. Consumption spending plus net profits equal aggregate income, a measure of GDP. In economics, "aggregate income" refers to a broad conceptual idea.
Gross income is what is referred to as aggregate income, and it typically refers to the combined incomes of a married couple filing a joint tax return. All
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Ways to improve sustainability in the maritime sector
The improve sustainability in the maritime sector are:
Building Green Shipssetting up a standrdWhat is sustainability ?Sustainability can be described as the process of fulfilling the needs of current generations and at the same time, having the ability not to compromise the needs of future generations.
It should be noted that when referring to the improvement of the sustainability in the maritime sector then one of the best way to do this is to be able to Build Green Ship because this will help in the minimization of the carbon footprints which can be dangerous to the environment.
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before setting the objectives of l&d, managers should
Answer:
Before setting the objectives of L&D, managers should
1. Evaluate the implemented programs.
identify learning goals that will reduce skill gaps.
2. Determine the needs or skill gaps that need to be improved.
3. Develop L&D materials to be used in achieving learning goals.
4. etermine the needs or skill gaps that need to be improve
Explanation:
The first step in L&D—assessment—is to figure out the organization's most pressing L&D needs.
In the 1800's, Lowell Massachusetts was a major textile city. However, beginning around 1865, many of the textile mills shut down and relocated to the Southern United States. The resulting unemployment in Lowell would be considered:
structural
frictional
cyclical
seasonal
If at the beginning around 1865, many of the textile mills shut down and relocated to the Southern United States. The resulting unemployment in Lowell would be considered: C. cyclical unemployment.
What is cyclical unemployment?Cyclical unemployment can be defined aa a type of unemployment that occur as a result of economy decline or when the economic of a nation experience recession leading to many companies or industries to shutdown their businesses.
This type of unemployment majorly when the economy of a nation or country begins to fall and it as well occur due to some factors such as changes in the economy cycles or when their is fluctuation in the economy of a nation.
This scenario best illustrate what is called cyclical unemployment because the company decide to shut down their company and move to another country due to decline in the economy growth.
Therefore the correct option is C.
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Which statement best describes a basic concept that applies to the AICPA independence rules? The code requires members to be independent of certain affiliates of financial statement attest clients. A violation of the “Confidential Client Information Rule” would be considered to impair independence. The Conceptual Framework for Independence applies even when a specific independence rule addresses a threat. The “Independence Rule” applies to attest, tax, and advisory engagements equally
The code requires members to be independent of certain affiliates of financial statement attest clients.
To be recognized as independent, the auditor must be intellectually honest and free of any obligation to or interest in the client, its management, or its owners, under the AICPA rules.
According to AICPA regulations, an advertisement cannot be deceptive or false so that consumers are misled and end up making unsatisfactory decisions.
As opposed to the AICPA's covered person, the DOL characterizes a member far more liberally.
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when implementing management by objectives it is a manager's responsibility to involve everyone, commit employees to the goals, monitor progress, and accomplishments.
When implementing management by objectives it is a manager's responsibility to involve everyone, commit employees to the goals, monitor progress, and rewards accomplishments.
Management can be defined as the process of completing the work or task required to achieve an organization's goals in an efficient and effective manner.The process implies the management duties. This includes organizing, planning, staffing, directing, and controlling.
A manager's role is to provide common guidance and direction to individual efforts to achieve organizational goals. Increasing efficiency: Management contributes to increased business efficiency by increasing productivity through effective planning, organizing, controlling, and directing.
When implementing management by objectives it is a manager's responsibility to involve everyone, commit employees to the goals, monitor progress, and rewards accomplishments.
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what are puts stock?
Options of the type also known as "puts" gains value as stock declines. With a put, the owner of a particular stock is able to lock in a predetermined selling price, and put sellers agree to purchase the shares at that price.
What are stock puts? Explain.The buyer of a put option is granted the right, but not the responsibility, to sell the underlying securities at a predetermined price (often referred to as the strike price) before or on the predetermined expiration date. It is one of the two primary forms of options; a call option is the other type. On a variety of underlying assets, including stocks, currencies, and commodities, put options are traded. They safeguard against a decrease in such assets' value below a predetermined price.
If the option owner exercises their put option, the seller is obligated to buy the asset at the strike/offer price.
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Explain product life cycle
A product life cycle is the leng-th of time from a product first being intro-duced to consumers until it is removed from the mar-ket . A product’s life cycle is usual-ly broken down into 4 stages ; intro-duction, growth, maturity, and decline.
Product life cycles are used by manage-ment and marketing profes-sionals to help determine advert-ising schedules, price points, expans-ion to new product markets, packaging re-designs, and more. These strategic methods of support-ing a product are kno-wn as product life cycle manage-ment . They can also help deter-mine when newer products are ready to push old-er ones from the mark-et.
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