If a firm in a competitive market doubles its number of units sold, total revenue for the firm will exactly double.
A company is considered to have constant returns to scale if all of its inputs rise by a certain proportion and the following output increases by the same amount. For instance, a company would experience constant returns to scale if it doubled its workforce and all other inputs before doubling its output.
As long as it accepts the going market price, a perfectly competitive company is free to sell as much as it likes. A company's overall revenue will rise if it sells more units at a given price. Total sales will increase if the product's price rises with each unit sold.
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Who has defined personnel management as personnel management related with recruitment and retaining the component and satisfied staff?
It is difficult for me to determine who specifically defined personnel management as being related to recruitment, retention, and satisfaction of staff, as this definition is widely accepted and has been adopted by many organizations and management professionals.
Personnel management, also known as human resource management, is the practice of managing and developing the people who work for an organization.
This includes a range of activities, such as recruiting and hiring employees, training and developing staff, managing employee performance, and providing support and resources to help employees be successful in their roles.
Ensuring that an organization has a sufficient number of qualified and motivated employees is an important aspect of personnel management, and effective personnel management can contribute to employee satisfaction and help to retain top talent.
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The projected unit sales volumes of branded and private-label footwear per company in the table on p. 6 of the player's guide indicate that.
According to the Player's Guide, North America has the highest predicted unit sales of branded footwear for each firm in Years 11, 12, and 13.
In Year 13, it is anticipated that each company in Latin America will sell 1,997,000 pairs of branded shoes and 288,000 pairs of private-label shoes. There are certain circumstances under which a statement is true.
In Europe-Africa, it is anticipated that branded footwear unit sales per company would reach 2,210,000 pairs in Year 12 and private-label footwear unit sales will reach 273,000 pairs, for a combined total per company sales of 2,483,000 pairs in 2012. Branded 7,911,000 Private-Lab... 2,491,000 2,120,000 1,650,000 1,650,000 More examples...
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ralph is a teacher who works as a musician on weekends. here is his income from w-2 and 1099 forms: wages from teaching $43,871, wages from music jobs $15,873, interest $863, dividends $350, and royalties $1,200. what is ralph's total income?
Ralph's total Income is $ 62,160.02 as he works as a music teacher on weekends.
What do you mean by total income?Gross income sometimes referred to as gross pay on a paycheck is the total of a person's earnings before taxes or other deductions. This covers earnings from all sources, not only work, and is not restricted to earnings in cash; it also covers earnings from the receipt of goods or services.
For businesses, the terms gross income, gross margin, and gross profit are equivalent. On the income statement, a company's gross income is calculated as total revenue less cost of goods sold (COGS)Lenders and landlords evaluate a person's gross income to assess his or her suitability as a borrower or tenant.
To calculate the overall revenue, we must sum all of the salary, interest, dividends, and royalties.
Teaching Pay = $43, 871.82
Salary from the music job: $15,873.00
Interest = $863.90
Dividends =$357.70.
Royalties = $1,200.60
Total Income=62,160.02 dollars
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Answer:
The correct answer is $62,157.
How should a team have quality?
By having a separate quality assurance team for testing the quality of the deliverables.
What is a team?A team is described as a collection of individuals that collaborate on duties in order to carry out a shared mission or particular goal. A design team creating a new product or a continuous process improvement team set up to address a specific issue are two examples of teams with a finite shelf life. Others continue over time, like a department team that meets frequently to discuss objectives, activities, and performance. Careful alignment is necessary in organizations with numerous teams. The structure will get more complex as teams and people connect with other teams, but the concepts of building understanding and trust will still hold true. Teams are valuable because of the numerous interactions that take place between organizational components and processes, as well as the effects that these interactions have on quality, productivity, and cost.
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Complete question:How should a team have quality built into its deliverables?
Another term for factors of production is inputs. output. o goods. services. N. Which of the following transactions takes place in the markets for the factors of production in the circular-flow diagram? © Dylan receives a salary for his work as a financial analyst for an investment firm. Kristin buys two business suits to wear to her job as a Chief Information Officer. Jim receives clean water in his home in exchange for paying his water bill. 0 Caroline owns a nail salon and receives payments from her clients for her services. For two individuals who engage in the same two productive activities, it is impossible for one of the two individuals to have a comparative advantage in both activities. have an absolute advantage in both activities. be more productive per unit of time in both activities. gain from trade with each other. The gains from trade are evident in economic models, but seldom observed in the real world. evident in the real world, but impossible to capture in economic models. a result of more efficient resource allocation than would be observed in the absence of trade. based on the principle of absolute advantage. After an increase in income, the equilibrium price of tablet computers equilibrium quantity of tablet computers and increases/decreases increases/increases decreases/decreases decreases/increases decreases/cannot be determined Which of the following would lead to a leftward shift in the demand curve for iPads (a normal good)? A decrease in household income. An increase in the price of laptop computers. An increase in household income. A decrease in in the price of the applications that run on iPads. An increase in the price of iPads. Suppose new information is available that suggest the price of gold will be higher in the future than previously expected. As a result of this new information, there is a decrease in quantity demanded and a movement along the current demand curve. there is an increase in quantity demanded an a movement along the current demand curve there is a rightward shift in the current demand curve for gold. there is a leftward shift in the current demand curve for gold.
The other name of factors of production is inputs. Option A is correct.
What are inputs?All materials or necessary items used to produce goods and services are considered inputs. Workers' time, fuel, materials, properties, machine hours, labor hours and equipment are a few examples of inputs.
However the term "input" in economics refers to the components of production used to produce a specific good or service. The finished good or service that results from the combination of all the production factors is known as the output in economics.
Further the cost incurred on inputs decide the target price of product or service.
Thus the correct option is inputs as factor of production which require to produce a goods or provision of service.
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What are the disadvantages of a fixed-rate?
You might pay more for your loan if rates fall; refinancing to a lower rate can be time-consuming and expensive. They might be higher than adjustable rates.
How to estimate the costs of fixed interest?Calculating a loan's fixed interest costs is simple. All you need to know is:
The sum borrowedThe rate of interestTerm of loan repaymentSo let's say you take out a $30,000 debt consolidation loan with a 60-month repayment period and a 5% interest rate. Your total interest paid would be $3,968.22, and your projected monthly payment would be $566.
This is presuming you don't pay off the loan early by raising your monthly payment amount or making one-time lump sum principle payments. Here's another illustration.
Let's say you obtain a 3.5%, 30-year mortgage for $300,000. Your total mortgage costs, including interest, would be $484,968, and your monthly payments would be $1,347.
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What is corporate taxation quizlet?
The funds that businesses and individuals provide the government to fund the operation of the nation. Income tax for corporations. A percentage of the profits are how the businesses compensate them.
What is meant by corporate taxation?A corporation's profits are subject to a corporate tax. Taxes are levied against a company's taxable income, which is calculated as revenue less cost of goods sold (COGS), general and administrative (G&A) expenditures, selling and marketing, R&D, depreciation, and other operating expenses. In the most recent fiscal year, XYZ Corporation made a net profit of $50,000. The maximum deductions that the corporation may take are $5000. The appropriate rate of corporate tax is 21%. The money a firm has left over after covering all of its costs is known as corporate profit. Top-line revenue is the total amount of money received by a business during the reporting period as payment for goods sold or services provided. A business will cover its costs out of its revenue.To learn more about corporate taxation, refer to:
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reeltime video has reported a total asset turnover of 2.3 times and an roa of 17% and roe of 25%. what is the firm's net profit margin ?
By dividing the gross profit from the sales value, the profit margin can be expressed as a percentage. It displays the company's total gross profit percentage based on the value of its sales.
The Du Pont formula recommends:
The equity multiplier in this case is equal to ROE/ROA. ROE = Profit Margin * Assets Turnover Ratio * Equity Multiplier
By dividing revenue by income, the profit margin measures how much money a company or business activity makes. Communicated as a rate, overall revenue shows the number of pennies of benefit that has been produced for every dollar of offer.
How can profit margin be calculated?Profit divided by revenue times 100 is the profit margin. The gross profit margin is greater, while the net profit margin is lower.
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Jordan likes working in as an insurance underwriter because it has structure and certainty, and the daily work is routine. Jordan probably Multiple Choice
O has a large need for ambiguity
O has a low tolerance for ambiguity.
O has a high tolerance for ambiguity
O is in the middle ambiguity range.
Jordan likes working in as an insurance underwriter because it has structure and certainty, and the daily work is routine. Jordan probably has a low tolerance for ambiguity. Thus, the correct answer is option B.
Who is an insurance underwriter?
Insurance underwriters are experts who assess and analyze the risks associated with insuring people and assets. Pricing for accepted insurable risks is determined by insurance underwriters.
Jordan prefers to work in a highly structured industry where the majority of his tasks are repetitive (they are the same or similar day after day). He most likely dislikes making decisions about various courses of action and is incapable of dealing with perplexing and unresolved situations. As a result, he must perform tasks that do not require creative solutions and are mostly routine.
Therefore, Jordan being an insurance underwriter probably has a low tolerance for ambiguity.
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roberto designers was organized on january 1, 2021. the firm was authorized to issue 110,000 shares of $6 par value common stock. during 2021, roberto had the following transactions relating to stockholders' equity: issued 11,000 shares of common stock at $8 per share. issued 22,000 shares of common stock at $9 per share. reported a net income of $110,000. paid dividends of $55,000. purchased 3,000 shares of treasury stock at $11 (part of the 22,000 shares issued at $9). what is total stockholders' equity at the end of 2021?
In the given case, the total stockholders' equity at the end of 2021 is $ 250,000. Analysts and investors typically use this indicator to assess a company's overall financial health.
What do you mean by the stockholders' equity?Equity held by shareholders refers to the sum that a company's founders have contributed to the enterprise.
This covers the funds they have directly invested as well as the total amount of profits the business has generated and reinvested since its establishment.
It provides a picture of how the firm is doing after deducting all assets and liabilities for shareholders, investors, or the business owner.
The difference between total assets and total liabilities, which is often measured monthly, quarterly, or annually, is the statement of stockholders' equity.
The corporation has enough assets to cover its liabilities if equity is positive. An approaching bankruptcy may be indicated by a negative stockholders' equity.
Here,
Common stock (10000 × 5 + 20000 × 5) 150000
Add: Paid in capital in excess of par
(10000 × (7-5) + 20000 × (8-5)) 80000
Add: Net income 100000
Les: Dividend 50000
Less: Treasury stock (3000 × 10) 30000
Total Stockholder's Equity 250,000.
Therefore, in the given case, the total stockholders' equity at the end of 2021 is $ 250,000.
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1) How do Business Owners quantify the value of PI Objectives?
a) By estimating return on investment
b) By assigning Story points
c) By assigning business value
d) By totaling the Epic budget
Business Owners quantify the value of PI Objectives By estimating return on investment. Thus, option A is correct.
What is the investment?Investment is the commitment of money to the purchase of an asset with the goal of increasing its value over time. Investment necessitates the sacrifice of a current asset, such as time, money, or effort.
The goal of investing in finance is to generate a return on the invested asset. Business Owners calculate the worth of PI Objectives By calculating the return on investment.
Therefore, option A is correct.
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Companies pursuing a transnational strategy usually Multiple Choice
O locate most of their activities in developing countries
O have less decentralized manufacturing operations.
O have simple organizational structures and processes within and across regions.
O have international subsidiaries develop and share knowledge with company operations worldwide.
Companies pursuing a transnational strategy typically locate most of their activities in developing countries, have less decentralized manufacturing operations, and have simpler organizational structures and processes within and across regions.
A transnational strategy is one in which an organization operates in multiple countries and seeks to maximize profits through the coordination of activities across countries. Companies pursuing a transnational strategy usually locate most of their activities in developing countries because these countries offer lower costs of production, lower labor costs, and access to new markets.
These companies also typically have less decentralized manufacturing operations, allowing them to maintain more control over production processes, while also allowing them to better manage costs.
Transnational organizations tend to have simpler organizational structures and processes within and across regions. This allows them to make decisions and coordinate activities more quickly and efficiently. In addition, these organizations often have international subsidiaries that can develop and share knowledge with the company’s operations worldwide. This allows them to benefit from the expertise of staff in different countries, and helps them to develop more effective strategies for production and marketing.
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Why do you think it is important for business to come up with new product development?
Delivering fresh value to the consumer is the primary goal of any new development. Customers will, however, swarm to a product or service if it gives overwhelmingly high value.
What are the benefits of new product development for businesses?Prior to launching your items on the market, you must ensure that there is demand, that there is value for your potential clients, and that the quality of your finished products is the highest.
Why is new product development necessary and what does it entail?By developing goods that address actual customer concerns, new product development assists a company (or a startup) in achieving organic growth. Consider the following as some of the factors for new product development: fulfill shifting consumer demands.
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What are the most important and essential strategy when company develop a new product?
Adding fresh value for the consumer is the main goal of any new development. Without this, they wouldn't have any motivation to exchange their cash for the new product.
What Is Product Development Strategy?Product development strategies are the processes and actions used to launch new products onto the market or modify current products to promote the expansion of new enterprises. A product is developed through a number of steps, from the conception of an idea to the delivery of items to customers. Each level requires a strategy in order to be successful and generate revenue for a company.
Why is product development strategy important?A product development strategy is intended to design a strategy for successfully marketing products utilizing market research. Your grand plan should include the methods you'll use at each stage of product development. This might help you focus on the best strategies and overcome obstacles. By planning how to generate new products, you can improve your company's current offerings and grow your clientele.
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john is appointed as a vulnerability assessment engineer in a financial organization. an audit report published by a third-party auditing firm revealed that most of the web servers have cross-site scripting and xml entity injection vulnerabilities. john has been told to perform a vulnerability assessment on these servers to verify if the audit report is valid. he is also told that he should not attempt to engage or exploit any vulnerabilities but still needs a deeper insight. by applying his knowledge of vulnerability assessment concepts, which type of vulnerability scanning should john use?
John should use a non-intrusive scan because it does not cause any harm to the goal and it also does not exploit or engage any vulnerabilities. Thus, option A is correct.
Operations may be temporarily halted if an invasive scan aggressively seeks to exploit vulnerabilities. For this reason, if it is employed at all, it should be done after business hours or in a test setting. A non-intrusive scan looks for vulnerabilities without trying to take advantage of them.
A penetration test really makes an effort to get into the network by taking advantage of weaknesses. The majority of an audit is a document review. Finding vulnerabilities may be done using both invasive and non-intrusive vulnerability scans.
Therefore, John should use a non-intrusive scan.
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Your question seems to be incomplete, but most probably the complete question was:
John is appointed as a vulnerability assessment engineer in a financial organization. An audit report published by a third-party auditing firm revealed that most of the web servers have cross-site scripting and XML entity injection vulnerabilities. John has been told to perform a vulnerability assessment on these servers to verify if the audit report is valid. He is also told that he should not attempt to engage or exploit any vulnerabilities. By applying his knowledge of vulnerability assessment concepts, which type of vulnerability scanning should John use?
a. Nonintrusive
b. Intrusive
c. Non-credentialed
d. Credentialed
Debt consolidation loans are very appealing because
they offer liquidation to those who are in good standing with their creditors.
they offer hope to those who can't keep up with their current payment schedules.
they offer relinquishment of all debts and financial obligations to those who can't keep up with their current payment schedules.
All of these
which option??
Debt consolidation loans are very appealing because they offer liquidation to those who are in good standing with their creditors. They offer hope to those who can't keep up with their current payment schedules and offer relinquishment of all debts and financial obligations to those who can't keep up with their current payment schedules. The correct option is (D).
What do you mean by the Debt consolidation?
Debt consolidation is the process of combining all of your debts into a single loan or monthly payment, including credit card bills and other loans.
Consolidating your debts could make your payments easier or less expensive if you have several loans or credit card accounts.
A single monthly payment instead of several payments each month and a lower interest rate are two advantages of debt consolidation.
Longer payment terms may result in higher total payments when debts are aggregated.
Therefore, Debt consolidation loans are very appealing because they offer liquidation to those who are in good standing with their creditors. They offer hope to those who can't keep up with their current payment schedules and offer relinquishment of all debts and financial obligations to those who can't keep up with their current payment schedules.
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What are the 3 main dimensions of sustainable development?
They are indivisible and interwoven, balancing the three pillars of sustainable development: economic, social, and environmental.
Because it involves three important areas: economic, environmental, and social, sustainable development may be applied to corporate policy in the business sector. A corporation must contribute to economic growth, social improvement, and environmental sustainability in order to be considered sustainable.
The 2030 Agenda commits the global community to "achieving sustainable development in its three dimensions—economic, social and environmental—in a balanced and integrated manner".
According to the diagram at the top of this page, there are three pillars of sustainability: economic viability, environmental conservation, and social equality.
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Tim's phone service charges $24. 76 plus an additional $0. 25 for each text message sent per month. If tim's phone bill was $31. 01, which equation could be used to find how many text messages, x, tim sent last month?.
Tim's monthly text message usage will be represented by the following equation: $24.76+$0.25x=$31. 01.
The total of Tim's original service fees plus the additional fee that he must pay will be the optimum equation to express the amount of texts that Tim sends.
It will be necessary to multiply the figures to determine the total number of texts Tim sent because the additional charge depends on how many texts are sent.
Finally, the sum of all the figures equals the $31.45 phone bill that Tim got, as follows:
Given figure is:
$24. 76
$0. 25
$24.76+$0.25x=$31. 01.
So, the above is the correct equation.
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What happens when a closed economy opens?
An open economy is one that interacts freely with different economies around the world. An open economy interacts with different nations in two ways.
What occurs when a closed economy opens?An open financial system has quite a few advantages. Consumers can get admission to more than a few overseas items and services, which are unavailable in the domestic market. Producers get some uncooked materials and capital goods that are unavailable in the home market. Investors can additionally diversify their funding in international monetary markets.
When an economic system is closed economy?A closed financial system usually refers to a usa that does no longer trade or interact in different financial exchanges with any different country. That means no imports come into the united states and no exports depart it.
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The Rule of 72 is a straightforward formula for calculating how long it will take an investment to double given a set annual rate of interest.
The Rule of 72 is a rule used in finance to determine how long it will take for an investment to double in value and generate a given annual rate of return. The rule is a quick computation that may be used to estimate how long it will take for an investment to double in value. The straightforward formula is 72 divided by the annual interest rate.
The Rule of 72 is an approximation that isn't entirely correct because it is derived from a more intricate computation. The Rule of 72 produces the most accurate findings when the interest rate is 8%; the farther away from 8% you go in either direction, the less accurate the results. However, using this helpful formula might give you a better idea of how much your money might increase over time, assuming a particular rate of return.
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Can you file federal taxes in person?
Yes, a person can file federal taxes themself
A person may personally file a federal tax return. The individual can accomplish this by going to a tax preparation office and hiring a professional to prepare and file their tax return. The person may also use a self-service tax preparation kiosk, which enables them to prepare and file their own tax returns with the help of software and staff members on-site.
The individual can also mail their finished tax return together with any necessary supporting documentation to the IRS office that handles state tax returns. A tax preparation software application or the IRS website are both options for electronically filing returns. In general, doing taxes electronically is quicker and more precise than doing so on paper, and it may also make it possible to get a refund more promptly.
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if a highly dedicated salesperson is unable to improve their low sales performance despite coaching efforts, what is your best course of action?
If a highly dedicated salesperson is unable to improve their low sales performance despite coaching efforts, the best course of action is to help them find a different role within your company.
Salespersons are key positions in sales management that maintain the vital links between companies and their customers, society, distributors, retailers, etc.
Salespeople are professionals who can work in a variety of exciting and diverse work environments to meet sales goals and build positive customer relationships.
Salespersons do many things such as developing relations with new and existing customers, available to customers to answer questions and address complaints, meet sales targets and deadlines, communicate with businesspeople, neutralize customer complaints, Record and maintain monthly and annual sales data and create a sales report.
Because of many more such reasons, the best course of action to a dedicated salesman to improve hi low sales are to help them find a different role within your company.
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although firms earn zero profits in the long run, why is the outcome from monopolistic competition considered to be inefficient? i. price exceeds marginal cost. ii. quantity is lower than the perfectly competitive outcome.
Therefore, compared to a perfectly competitive firm, a monopolistically competitive firm will typically produce (ii) less at a greater cost and charge a higher price.
What do you mean by monopolistic?Possessing or attempting to have total control over anything, especially over a business area, without allowing others to participate: She didn't think the fine was enough to stop monopolistic behavior by large producers. The business is charged with monopolistic behavior. Monopolistic marketplaces are those in which only one company provides a certain good or service. The characteristics of a pure monopoly, in which a single business completely dominates the market and controls the supply and price of goods and services, are present in a monopolistic market structure.
What is a monopolistic example?Between perfect and monopolistic competition, known as monopolistic competition, there is monopolistic competition, which incorporates aspects of both and entails businesses with similar but distinct product offerings. Examples of industries with monopolistic competition include dining establishments, hair salons, home goods, and apparel.
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during which step of the personal-selling process does the salesperson establish a rapport that sets a foundation for the relationship and asks questions to learn more about the prospect and his or her needs and wants?
In order to understand more about the prospect, his or her requirements, and goals, the salesman establishes a rapport that serves as the basis for the connection. This is the approach stage.
Will Foundation get a second season?Although Season 2 of Foundations has no set premiere date, production is already well under way. Apple published one first photo for Basis season 2 in February 2022. Although the image doesn't offer much, we may infer whether Lee Pace's Brother The day Jared Evans' Hari Seldon would argue vocally.
Does Foundation merit your time?If you're looking for a program with compelling cinematography and well-developed characters, Foundation is definitely worth your time. Amazingly, Isaac Asimov's Basis is still recognized as an excellent science fiction story today.
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the government of brazil takes possession of a cacao farm outside of sao paulo owned by choco-lot inc., a major u.s. chocolate manufacturer. what recourse does the u.s. government have to intervene?
The u.s. government have to intervene Dark and Columbiana.
What is cacao used for?The origin of chocolate is cacao. Theobroma cacao, which is the scientific name for the cacao tree, is the source of chocolate. The cocoa tree, a little tree that is native to the Amazon Basin, is currently planted in tropical areas all over the world. The unprocessed, raw form of chocolate is called cacao.
The fruit and the seeds, sometimes known as beans, of cacao trees are both edible. Cacao seeds are consumed if chocolate has ever been consumed. They are used to make anything from Hershey's chocolates to Guittard's premium chocolate wafers. They are fermented, mashed into a paste, flavored, and occasionally flavoured.
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A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder:
answer choices
debit card.
credit card.
check card.
bank card.
Answer:
debit card is automatically deducted the amount of a purchased
select the correct answer of the following: (No need for clarification Just write the answer A or B or C or D)
1- Tools a company uses to manage employees are?
Select one:
a. HR tools
b. HR department
c. HR practices
d. HR challenges
2-
Tools a company uses to manage employees are?
Select one:
a. HR tools
b. HR department
c. HR practices
d. HR challenges
3-
Tools a company uses to manage employees are?
Select one:
a. HR tools
b. HR department
c. HR practices
d. HR challenges
4-
When an employer refuses labor access to the workplace, this is known as
Select one:
a. A grievance procedure
b. An injunction
c. A lockout
d. A strike procedure
Tools a company uses to manage employees are. HR tools. Option A
Tools a company uses to manage employees are. HR tools. Option A
Tools a company uses to manage employees are. HR tools. Option A
When an employer refuses labor access to the workplace, this is known as A lockout. Option C
What are HR tools?Generally, HR tools are software or online platforms that help human resources professionals manage various HR-related tasks and processes. These tools can be used to streamline and automate HR functions such as employee onboarding, benefits management, time and attendance tracking, performance evaluations, and succession planning.
They can also help with recruiting, training, and development, as well as compliance with employment laws and regulations.
Some examples of HR tools include applicant tracking systems, human capital management systems, and employee self-service portals.
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How does stretching make you more flexible?
Research has demonstrated the way that stretching can assist with flexibility, and, subsequently, the scope of movement of your joints. Better adaptability may: Work on your exhibition in proactive tasks. Decline your gamble of wounds.
There are many advantages to regular stretching. Besides the fact that extending assist with canning increment your adaptability, which is a significant element of wellness, however it can likewise work on your stance, decrease pressure and body hurts, and that's only the tip of the iceberg.
Advantages of stretching
1. Builds your flexibility
2. Builds your scope of movement
3. Works on your exhibition in proactive tasks
4. Increments blood stream to your muscles
5. Works on your stance
6. Assists with mending and forestall back torment
7. Is perfect for pressure help
8. Can quiet your brain
9. Helps decline strain migraines
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Which are indicators that economists use to measure how an economy grows?
Economic indicators include measurements of macroeconomic stability and performance, such as gross domestic product (GDP), consumption, investment, and international trade (central government budgets, prices, the money supply, and the balance of payments).
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful.
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Economic indicators include measurements of macroeconomic stability and performance, such as gross domestic product (GDP), consumption, investment, and international trade (central government budgets, prices, the money supply, and the balance of payments).
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful.
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jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. customers can reach out to her directly through her posts and can ask any questions they might have before requesting her services. this is an example of
Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. customers can reach out to her directly through her posts and can ask any questions they might have before requesting her services. this is an example of the sharing economy
What is a business?Generally, Jang-mi is the sole proprietor of her own cleaning company, and she advertises her services by posting on online community message boards.
Customers may get in touch with her directly via her postings and ask any queries they might have before asking her services. She makes herself available to them. This is a perfect illustration of the sharing economy in action.
The term "sharing economy" refers to a model of the economy in which people and organizations work together to share their commodities and resources in such a manner that their tangible possessions are converted into services.
This kind of economic model is also known as "collaborative consumption." The development of big data and the proliferation of online platforms have both played a role in fostering the expansion of the sharing economy.
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CQ
Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. Customers can reach out to her directly through her posts and can ask any questions they might have before requesting her services. This is an example of _______.
a. telemarketing
b. microtargeting
c. the sharing economy
d. direct marketing