Preferred stock is affected by a decrease in the required rate of return in a manner that the value of a share of preferred stock increases.
Changes in interest rates have an impact on the market value of preferred shares. The value of the preferred shares decreases if interest rates increase. The opposite would apply if rates dropped. This, therefore, implies that if the required rate of return decreases, the value of a share of preferred stock would increase.
A different kind of equity known as preferred stock gives investors ownership in a firm and the right to receive income from that company's operations. Preferred stockholders have a greater right to distributions than common stockholders (such as dividends).
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Complete question is:
How is preferred stock affected by a decrease in the required rate of return?
A) The value of a share of preferred stock increases.
B) The dividend increases.
C) The dividend decreases.
D) The dividend yield increases.
Erica Martinez deposits three checks for $825.25, $253.45, and $180.26. Her cash consists of 20 one-dollar
bills, 8 five-dollar bills, 7 ten-dollar bills, and 16 quarters. She would like to receive $175 in cash.
Answer 3209
Explanation:
investors who fund private real estate ventures with sponsors are often amenable to sharing the upside with that sponsor. usually however, before any upside sharing of cash flow occurs, the investors would require:
Promoted equity (carried interest) is a percentage of the income of an investor or investing fund this is paid to the funding supervisor as compensation. It is given in change for growing cost or bearing a disproportionate percentage of drawback risk.
Beyond the desired go back hurdle, the transaction sponsor or “GP” can be entitled to a “promote,” which is an advantage percentage of the asset's coins float in go back for assets performance.
Real Estate Private Equity Definition: Real property personal equity (REPE) companies enhance capital from out of doors investors, known as Limited Partners (LPs), after which use this capital to gather and increase properties, perform and enhance them, after which promote them to understand a go back on their funding.
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An economy is in long-run macroeconomic equilibrium. What will be the short-run effects of an increase in investment spending?.
An increase in real output, a decrease in the state, and a rise within the indicator. The increase in mixture demand can cause higher economic processes and presumably inflation. Suppose an economy is alleged to be in long equilibrium.
In that case, Real GDP is at its potential output, the particular pct can equal the natural rate of state (about 6%), and therefore the actual indicator can equal the anticipated indicator.
The short-run in economic science may be an amount during which wages and a few alternative costs are a unit sticky. The long haul may be when full wage, worth flexibility, and market adjustment have been achieved, so the economy is at the natural level of employment and potential output.
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budgeting is used by management to ensure that activities of all departments work toward the company's overall goals. this aspect of budgeting is called:
Budgeting is used by management to ensure that activities of all departments, this aspect of budgeting is called coordination .
What's coordination in budgeting?
Coordination involves carrying and organizing the demanded labor force, outfit, and accoutrements to carry out the business. A budget aids in coordination between separate exertion units to insure that all corridor of the company are in balance with each other and know how they fit in.
What's budgeting according to management ?
Budgeting is the process of designing, enforcing and operating budgets. It's the directorial process of budget planning and medication, popular control and the affiliated procedures. Budgeting is the loftiest position of account in terms of future which indicates a definite course of action and not simply reporting.
What's the budgeting process of a company?The budgeting process lets an association plan and prepare its budgets for a set period. It involves reviewing once budgets, relating and vaticinating profit for the coming period, and assigning quantities to spend on a company's colorful costs.
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suppose that a cpi basket includes avocadoes, pineapples and oranges. avocadoes become very expensive, and consumers substitute away from avocadoes and buy hummus instead. if the cpi basket does not change to reflect the move away from avocados, the result is:
If CPI basket does not change to reflect the move away from avocados, the result is substitution bias.
When prices for items change in relationship to each other, substitution bias occurs. Think about the way a consumer price index represents private consumption. Customers will often buy more of the item whose price has dropped and less of the product whose price has risen slightly. The long-standing market basket used to create a consumer price index may not take into consideration this change in demand. If a specific good is purchased by consumers and therefore included within the Consumer price index (CPI), but its price hikes, customers may choose to pick a less expensive version, the CPI basket may still not instantly indicate this shift.
The complete question is here:
Suppose that a CPI basket includes avocadoes, pineapples and oranges. Avocadoes become very expensive, and consumers substitute away from avocadoes and buy hummus instead. If the CPI basket does not change to reflect the move away from avocados, the result is:
A) substitution bias.
B) understated inflation.
C) the failure to capture real variables versus nominal variables.
D) quality bias.
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explain the utility of electronic communication service.
Answer:-
provides to a user the ability to send or receive an electronic communication.
Explanation:-
Electronic communication service means a service that provides the ability to send or receive wire or electronic communications to users of the service.
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a japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value. the bond has a coupon rate of 6.1 percent paid annually and matures in 17 years. what is the yield to maturity of this bond?
6.7% is the yield to maturity of this bond. As a japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value.
What is bond outstanding?"Outstanding Bonds" refers to any previously issued bonds that are still regarded as outstanding under the Indenture as of the first interest and/or principal payment date following the current Fiscal Year.
To get the bond's value, add the present value of the interest payments and the present value of the principal you will receive at maturity. To figure out the present value of your interest payments, you compute the value of a series of equal payments made over time.
Thus, it is 6.7%.
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at the beginning of the year, a company estimates total overhead costs of $1,120,000. the company applies overhead using machine hours and estimates that it will use 2,800 machine hours during the year. what amount of overhead should be applied to a job that uses 25 machine hours that year?
A project that requires 25 machine hours in a year should have overhead of $10,000 added to it.
Machine hrs rate = Total overhead cost/ total Machine hrs
= $1,120,000/2,800 hrs
= 400 per hr
Overhead applied for Job = Machine hrs rate* Machine hrs used
= 400*25
=$10,000
The recurring costs of a firm that aren't specifically related to providing a machine hours good or service are referred to as overhead. The amount that a business needs charge for its goods or services in order to turn a profit is crucial overhead information for planning as well as pricing considerations. In a nutshell, overhead is any expense that is machine hours incurred to maintain the business but is not directly connected to a particular good or service.
Regardless of how much or how little a firm sells, overhead must be paid on a regular basis. For instance, a service-based company overhead with an office overhead has overhead costs in addition to direct expenditures (like labor and supplies) for providing its service, such as rent, utilities, and insurance.
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Alex purchases a computer from dell to be delivered via fed ex. Dell delivers the computer to fed ex to be shipped to alex. During the delivery, the fed ex driver is having a bad day and just throws the boxes out the window of the delivery truck rather than setting the box by the front door as is standard practice. While throwing the computer it is damaged. Would dell be responsible for the damage to the computer?.
Dell is not responsible for the damage to the computer because title transfers to the buyer once the good is delivered to a common carrier.
As of FY20, FedEx Corp. (FDX) sent packages to more than 220 nations and territories worldwide every working day.
The two businesses have each identified a distinct market niche for their own business models, with FedEx specializing in time-sensitive express service and UPS focused on small package delivery.Regarding retail, FedEx Offices are corporate-owned and typically occupy sizable spaces that closely resemble huge offices. FedEx Office offers high-end tools like laser printers, digital picture kiosks, and PC access with an image scanner and Adobe design software. FedEx primarily draws corporate and retail clients who value and can afford the kind of express services provided.Learn more about FedEx, here
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elasticity measures: group of answer choices the inverse of the slope of a demand curve. sensitivity of price to a change in quantity. the slope of a demand curve. the percentage change in one variable in response to a one percent increase in another variable.
The elasticity measurements' solution is the price's sensitivity to a change in quantity.
The concept of quantity, often known as amount, can be expressed as a plurality or magnitude, which shows both discontinuity and continuity. Quantities can be contrasted using the phrases "more," "less," or "equal," or by putting a numerical value that is a multiple of the unit of measurement. Quantitative properties include things like mass, time, distance, heat, and angles.
Among the fundamental categories of things are quality, substance, change, and relation. Some quantities act as states of things like heavy and light, long and short, broad and narrow, tiny and big, or much and little, while others serve as properties, dimensions, or attributes of those objects.
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under the full faith and credit clause, any judicial decision in one state with respect to contract rights will be honored and enforced in all states.
Under the full faith and credit clause, any judicial decision in one state with respect to contract rights will be honored and enforced in all states: True.
What is the full faith and credit clause?The Full Faith and Credit Clause is derived from Article IV, Section I of the United States Constitution and it affirms the rule that every states within the United States of America have to respect (honored) and enforce the following:
Public actsRecordsJudicial proceedings and decision.Contract rightsIn this context, we can reasonably infer and logically deduce that the Full Faith and Credit Clause ascertains that the judicial proceedings and decision in any state within the United States of America must be honored and enforced in all other states, barring exceptional circumstances.
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Complete Question:
Under the full faith and credit clause, any judicial decision in one state with respect to contract rights will be honored and enforced in all states. True or False.
What decision support strategy uses a technique based on searching based on logical proximity by identifying other data with characteristics that are common to a new item being analyzed?.
Data mining is a decision support strategy uses a technique based on searching based on logical proximity by identifying other data with characteristics that are common to a new item being analyzed.
Data mining is the process of predicting outcomes by identifying anomalies, patterns, and correlations in large data sets. Users can use this data to boost revenues, reduce expenses, enhance customer relationships, reduce risks, and do other things. Companies can learn more about their clients by using software to search for patterns in large amounts of data. This allows them to develop more successful marketing strategies, increase sales, and reduce costs.
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Government intervention is one possible solution for market failure. What is one possible reason why a government-controlled used car market may not provide an efficient outcome?.
Government actors may have their own incentives that might not align with market efficiency is one possible reason why a government-controlled used car market may not provide an efficient outcome
The efficient-market hypothesis (EMH) is a speculation in monetary economics that states that asset expenses mirror all available facts. A right-away implication is that it's far not possible to "beat the marketplace" continually on a chance-adjusted basis considering the fact that market charges need to handiest react to new statistics. Because the EMH is formulated in terms of danger adjustment, it handiest makes testable predictions while coupled with a particular version of hazard. As a result, research in monetary economics considering at least the Nineties has targeted market anomalies, this is, deviations from particular models of chance. The concept that financial market returns are difficult to are expecting goes lower back to Bachelier, Mandelbrot, and Samuelson, however, is carefully associated with Eugene Fama, in component because of his influential 1970 evaluation of the theoretical and empirical studies.
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a circus’s goal of redesigning the circus experience is being completed through the coordination of many marketing activities, such as value pricing, a product that includes exciting performances, tent venue locations, and promotion. these activities make up the for the circuses. a. value of marketing b. marketing environment c. target market d. marketing mix
Given the information provided above, the business operations described make up the "marketing mix" of the circuses. (Option D).
What is Marketing Mix?The word "marketing mix" refers to a business foundation model that has historically been built on product, price, place, and promotion. The marketing mix is defined as "the set of marketing instruments used by the organization to pursue its marketing objectives in the target market."
The marketing mix is a method for examining the many aspects of promoting a brand and its products. It provides general rules for putting the right things in the right place, at the right time, and at the appropriate price.
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Which type of power steering system uses a belt to transfer mechanical
energy from the engine to the power steering pump?
A) HPAS
B) EPAS
C) Both A and B
D) Neither A nor B
The type of power steering system that uses a belt to transfer mechanical energy from the engine to the power steering pump is the A) HPAS.
What is Hydraulic Power Steering?Hydraulic Power Steering can be described as the engine-driven accessory drive which is been turned on by the activities of the engine and help to turns on the pump .
It should be noted that there is directs high-pressure power steering fluid with the control valve, however among the given options, the Hydraulic Power Steering do utilize the effect of the mechanical energy from the engine and the output of it.
Therefore, option A is correct.
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HPAS power steering system uses a belt to transfer mechanical energy from the engine to the power steering pump. Thus, option A is correct.
What is power steering?Power steering shows the change in vehicle power. It is concerned with the vehicles that are present at the front. This helps in easily changing the direction of the vehicle.
The hydraulic power steering system minimizes the work needed to spin an automobile wheel by adding a particular degree of force toward the impact load. This helps in easy control and navigation of the vehicle.
Therefore, option A is the correct option.
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the government imposes a tax on the production of coffee. at the same time, the price of tea (a substitute good) has decreased. given these two effects, what will happen to the current equilibrium quantity and price of coffee?
Since coffee can be considered to be a cover for tea, an increase in its price should beget the demand for tea to increase. This will beget the demand curve for tea to shift to the right.
A lower price for tea, still, would be likely to reduce coffee demand, shifting the demand curve for coffee to the left wing. In general, if a reduction in the price of one good increases the demand for another, the two goods are called complements.
What's complement and substitute ?
Complements are goods that are consumed together. Substitute are goods where you can consume one in place of the other. The prices of reciprocal or substitute goods also shift the demand wind.
What is supplementary and complementary goods known ?Supplementary Goods or Complementary Goods are goods that are used together.E.g. shoes and socks, cutter and cutting board, Flash back, reciprocal sounds like complete, so in a sense, the products will complete each other( it would make further sense if goods go together)
What's equilibrium quantity and price?The equilibrium price is the only price where the plans of consumers and the plans of directors agree — that is, where the quantum consumers want to buy of the product, quantity demanded, is equal to the quantum directors want to vend, volume supplied. This common volume is called the equilibrium quantity.
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when amber first started working at a car manufacturing plant assembling car doors, she was slower at the task than her coworkers. as time passed, her speed at assembling the doors increased and she even taught others how to perform the task more quickly. the result was increased employee productivity and the plant experienced cost savings. these cost savings can be attributed to learning effects. true false
True, due to the learning effects with time Amber was able to increase employee productivity of car manufacturing plant.
In a controlled experiment, a learning effect is a good or negative outcome of an action that only becomes noticeable after a particular amount of time has passed. The influence may grow (linearly, exponentially, etc.) over time or it may experience a more abrupt level change after a specific amount of time.
Learning effects, particularly those that are mid- and long-term, can seriously undermine the external validity. The quantity of work (or output) generated by an employee during a given period of time with experience is referred to as employee productivity.
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an example of a new technology that can increase productivity is:multiple choice question.a new and improved machine to pick coffee beans.coffee pickers who are younger and fitter.more workers picking coffee.more acreage devoted to coffee.
An example of new technology that can increase productivity is a new and improved coffee bean harvesting machine.
How can new technologies increase productivity?
Offloading repetitive and tedious tasks to supercomputers increases productivity. Additionally, it lessens the chance of human error. Plus, letting technology do the heavy lifting frees up your time and resources to focus on important business tasks and revenue-generating activities.
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new gadgets, incorporated, currently pays no dividend but is expected to pay its first annual dividend of $4.55 per share exactly 6 years from today. after that, the dividends are expected to grow at 2.8 percent forever. if the required return is 10.6 percent, what is the price of the stock today? multiple choice $41.12 $58.33 $35.25 $50.81 $31.87
The price of the stock is $35.25 today if the required return is 10.6 percent.
The price of the stock today can be determined by the constant growth model. This model is used when the expected dividend is predicted or expected to grow at a constant rate.
First, stock value can be determined by the formula;
Stock value = Dividend per share ÷ (Required rate - Dividend growth rate)
Substituting the values;
P(5) = 4.55 ÷ (0.106 - 0.028)
P(5) = 4.55 ÷ 0.078
P(5) = 58.33
As the new gadgets company will pay dividends in 6 years, we can calculate the price of the stock today as follows;
P(0) = 58.33 / (1 + 0.106)^5
P(0) = 58.33 / (1.106)^5
P(0) = 35.25
Therefore; the price of the stock today is $35.25.
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founded in 1939 by a magazine publisher- martin goodman marvel was born thanks to a pulp magazine publisher by the name of martin goodman. at this time, comics were becoming increasingly popular, so goodman joined forces with his brother abraham goodman to start marvel comics under the original name of timely publications. goodman created ‘timely comics’-introducing superhero character such as captain america once timely publications was started, it was time for goodman to get to work on creating the universe for the comics. the comics went under the name of ‘timely comics’ at first, with the first comic called marvel comics released in october 1939. this comic featured a few early characters, including the human torch and namor the sub mariner. this comic was a tremendous hit, selling around 900,000 copies in just the first two months. later on, more staff members were employed, including joe simon and jack kirby who helped to create one of the most well known marvel superheroes - captain america, the first avenger! captain america was released to the world in captain america comics
Martin Goodman, also known as Moe Goodman, was an American publisher of pulp magazines, paperback novels, men's adventure publications, and comic comics.
Martin Goodman, the publisher of pulp magazines, established the forerunner of Marvel Comics in 1939. Goodman founded Timely Comics in order to take advantage of the comic books' rising popularity, particularly those featuring superheroes. Marvel Comics no. 1, which had a cover date of October 1939, was Timely's debut comic book. It featured a number of superheroes, including the Human Torch and the Sub-Mariner. Captain America, who made his debut in Captain America Comics no. 1 during the "Golden Age" of comics in the 1940s, was among the numerous superheroes that Timely Comics introduced (March 1941). Even before the United States entered World War II, timely characters were frequently shown battling the Nazis and the Japanese.
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Alex purchases a computer from dell to be delivered via fed ex. Dell delivers the computer to fed ex to be shipped to alex. During the delivery, the fed ex driver is having a bad day and just throws the boxes out the window of the delivery truck rather than setting the box by the front door as is standard practice. While throwing the computer it is damaged. Would dell be responsible for the damage to the computer?.
No, dell will not be responsible for the damage to the computer because the title transfers to the buyer once the good is delivered to a common carrier.
The parent company of Dell Technologies, which owns Dell, is an American technology firm that creates, markets, fixes and supports computers and related goods and services. A person or business that delivers people or things for a fee and declares that their service is accessible to the general public is known as a common carrier. Common carriers include, for instance, shipowners, railroads, airlines, taxi services, etc.
Since common carriers offer vital public services, they may be subject to stricter state and federal laws as well as increased government oversight. In general, a common carrier is one that, absent compelling reasons to the contrary, must offer its services to anybody willing to pay its rates.
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Increasing the amount of credit that is available within an economy is done through monetary policy. the potential to cause inflation is accompanied by monetary policy. a(n) monetary policy can cause interest rates to increase.
Increasing the amount of credit available in the economy is done through expansionary monetary policy. The potential to cause inflation is accompanied by expansionary monetary policy.
Contractionary monetary policy can cause interest rates to rise. Fiscal policy, also known as monetary policy, is the use of government spending and taxes to influence macroeconomic factors such as: inflation aggregate demand (AD) labor within a country. Different types There are two types of monetary policy in the economy which are as follows: Monetary policy which is expansionary. Monetary policy is tightening. Finally, a government can use expansionary monetary policy to increase the amount of credit available in its country's economy.Increasing the amount of credit that is available within an economy is done through an expansionary monetary policy. The potential to cause inflation is accompanied by an expansionary monetary policy.
A contractionary monetary policy can cause interest rates to increase.A fiscal policy, also known as monetary policy, is the use of govt spending and taxation to affect macroeconomic factors like:Inflation of Aggregate Demand (AD)Working within a country.The various types of monetary policy.In Economics, there are two types of monetary policy, which are as follows:Monetary policy that is expansionary.Monetary policy is being tightened.Finally, the government can use an expansionary monetary policy to boost the amount of credit available in its country's economy.
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ashburn corporation issued 10-year bonds two years ago at a coupon rate of 9 percent. the bonds make semiannual payments. if these bonds currently sell for 102 percent of par value, what is the ytm? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The market-required rate of return on bonds with comparable risks is known as the yield to maturity (YTM) of a bond.
This is typically a company's pre-tax cost of debt because the YTM determines the bond's price and any new issue must have a coupon rate equal to the YTM in order to be issued at par.
What does YTM stand for?
The total rate of return that a bond holder anticipates will get if a bond is held until maturity is known as YTM in the case of bonds. Yield to Maturity is calculated using the following formula: Yield to Maturity = [Annual Interest + (FV-Price)/Maturity] (FV + Price)/2
Is YTM the same as the interest rate?
Yield to maturity (YTM) is the overall interest rate that a bondholder who purchases a bond at market value and holds it until maturity will receive. It is, mathematically speaking, the discount rate at which the bond's price is equal to the total of all future cash flows (including principle repayment and coupon payments).
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hicks health clubs, inc., expects to generate an annual ebit of $750,000 and needs to obtain financing for $1,200,000 of assets. the company’s tax bracket is 40%. if the firm uses short-term debt, its rate will be 7.5%, and if it uses long-term debt, its rate will be 9%. by how much will earnings after taxes change if the company chooses to use short-term debt financing for the first year? multiple choice $10,000 $10,800 $18,000 $6,000
If the company chooses to use short-term debt financing for the first year, its earnings after taxes can increase by $10,800.
EBIT, commonly referred to as operational profit, stands for earnings before interest and taxes. You may calculate it by subtracting operating costs and depreciation from operating revenues. Understanding the business's profitability requires using this crucial metric.
Earnings before interest and taxes, or EBIT, are a company's net earnings before income tax and interest charges are subtracted.EBIT is used to examine the performance of a business's basic activities without taking into account the influence of capital structure and tax charges on profit.Since they both do not include interest and tax costs in their computations, EBIT is sometimes referred to as operational income. Operating income and EBIT can occasionally diverge, though.Learn more about EBIT, here
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labor force participation among women rose in the united states between 1975 and 2000 and has beeen declining ever since. according to the u.s. bureau of labor statistics, 54% of women were in the labor force in 2015.
The percentage of civilian noninstitutional residents 16 years of age and older who are employed or actively seeking employment is known as the labor force participation rate.
The percentage of people who are employed or actively looking for employment who are in the labor force is known as the labor force participation rate. This rate is a crucial indicator of the state of the labor market since it shows the proportion of labor resources that are readily available for the creation of products and services. Despite certain cyclical implications, longer-term structural changes have the biggest impact on labor force participation. Changes in the population's age distribution, school enrolment, and educational achievement and employment are a few examples.
Given that p = 0.54,
for n = 100 ,
P(0.50 < p^ < 0.64)
= 0.7659
The complete question is:
Labor force participation among women rose in the United States between 1975 and 2000 and has been declining ever since. According to the U.S. Bureau of Labor Statistics, 54% of women were in the labor force in 2015. If 100 working age women are randomly selected, what is the probability that between 50% and 64% are in the labor force? Round your answer to 4 decimal places.
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which of the following statements about supply chain management is true? a. it has emerged as a significant source of competitive advantage. b. it is a means to bring up the standard of living of many people all over the world. c. we have made most of the gains we can make in scm globally. d. both a and b
The statements about supply chain management which is true are
it is a means to bring up the standard of living of many people all over the world.it has emerged as a significant source of competitive advantage.What is supply chain management?Supply chain management (SCM) is the process of streamlining a product's production, logistics, and delivery to the end user from the sourcing of raw materials through to the end.
The network of all the people, businesses, resources, tasks, activities, and technological advancements involved in the production and distribution of a good is known as a supply chain. A supply chain includes every step of the process, from the transfer of raw materials from the supplier to the producer to the final distribution to the customer.
The technique of coordinating the many tasks required to create and distribute goods and services to a company's clients is known as supply chain management. The following are some examples of supply chain activities: designing, farming, manufacturing, packaging, and shipping.
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Suppose you put $350 into a bank account today. Interest is paid annually and the annual interest rate is 6 percent. The future value of the $350 after 4 years is.
If you deposit $350 into a bank account now, its future value after four years is $441.87. The interest rate is 6% per year, and it is paid annually.
FV=PV*(1+i)^n
PV=present value=$350
FV=future value=?
i=interest rate=6%=0.06
n=periods=4 years
FV=350*(1+0.06)^4
=441.866936
The future value of $350 after 4 year is $441.87
Future value (FV) is the value of an asset now based on an anticipated rate of increase in the future. Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
Investors can choose wisely based on their anticipated demands when they have knowledge of the future value. External economic forces, such as inflation, can hurt the asset's future worth by depreciating it, though.
The future value of $350 after 4 year is $441.87 if you put $350 into a bank account today. Interest is paid annually and the annual interest rate is 6 percent.
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when a hotel has a service delivery problem such as a broken air conditioning system on a very hot weekend, one critical element of service recovery is to blank .
When a hotel has a service delivery problem such as a broken air conditioning system on a very hot weekend, one critical element of service recovery is to find a solution that seems fair to all customers.
Service delivery is a very crucial element of all the hotels because customer choose a hotel on the basis of what kind of services they are providing. Every hotel must ensure that they are providing services as mentioned in their website. The guidance given to consumers or visitors before, all through, and then after their stay at your hotel is regarded to as hotel customer service. Visitors may require help in choosing rooms, making online reservations, having to cancel reservations, or trying to make other preparations during their visit.
In case the air conditioning system broke down during a very hot weekend, and in case hotel is unable to properly execute service delivery they should depend on such services which will be beneficial for all.
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Compose a letter to the owner or manager of a business that you believe has a low level of customer service. Describe the reasons for your beliefs and explain how relationship marketing and employee empowerment might help the business
GIVE BRAINLIEST TO BEST LETTER
Your ability to provide excellent customer service will help you increase sales, foster brand awareness, win over consumers' loyalty, and develop trust.
How can managers make sure that their workforce continues to offer consumers high-quality service?
Promote attentive listening Everyone wants to believe that they are being helped and that someone actually cares about their issue. Another suggestion is to have staff members tell customers what they heard when they are addressing a problem. This gives the client the opportunity to elaborate on the topic at hand and makes them feel heard.
Why do you believe a business may need to focus so much on providing exceptional customer service?
The difference between a successful IPO and simply keeping the lights on can be significant. Excellent customer service can lead to increased opportunities for marketing and sales. Therefore, maintaining client happiness is essential to your company's continued success.
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During the implementation of a new checkout system, target initially replaced only half of the old check out stations in each store while leaving the other half the same so bugs could be worked out and training could be completed on the new stations. After testing and training, target phased out the remaining old stations. This approach is called _________ conversion.
During the implementation of a new testing system, target initially replaced only half of the old check out stations in each store while leaving the other half the same so bugs could be worked out and training could be completed on the new stations.
Software testing out is the act of inspecting the artifacts and the behavior of the software beneath check by validation and verification. software testing also can provide an goal, unbiased view of the software to permit the business to realize and apprehend the risks of software implementation.
In wellknown, testing is locating out how well some thing works. In terms of human beings, checking out tells what level of information or skill has been obtained. In laptop hardware and software development, testing is used at key checkpoints inside the average system to determine whether goals are being met.
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