The overall anticipated cost at an operating level of 8,400 hours is $35,920.
The High-Low Method: What Is It?Given a small amount of data, the high-low technique in cost accounting aims to discern between fixed and variable expenses. In order to analyze the total expenses at each level of activity, the high-low technique compares the highest and lowest levels of activity.
Is the high-low method the most realistic one?If it is possible to determine the company's overall expense pattern from the highest and lowest activity levels, the high-low technique can be fairly accurate. However, if the two extreme activity levels are persistently different, the high-low technique will yield erroneous results.
b = ( $42,360 − $24,360) / (13,000 − 5,800)
b= $18,000 / 7,200
= $2.50 for the highest and lowest values of the cost driver
$42,360 = a + ($2.50 × 13,000)
$42,360= a + 32,500
a = $9,860
Cost function is Y = $9,860 + $2.50X
Y = $4,000 + ($3.80 × 8,400)
Y = $4,000 + 31,920
Y = $35,920
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Al, age 35, owned a family high deductible health policy as part of his hsa for the entire year. what is his maximum permitted contribution to the hsa in 2022 if his deductible is $5,000?
They can each contribute up to $3,650 for a total of $7,300. If they both have family coverage under an HDHP, they can each contribute up to $7,300 for a total of $14,600.
What is the maximum permitted contribution?Generally, The maximum contribution to an HSA is determined by the IRS based on the type of health insurance coverage an individual has. For individuals with self-only coverage (coverage just for oneself) under a high deductible health plan (HDHP), the maximum contribution for 2022 is $3,650. If Al has a family HDHP, the maximum contribution for 2022 is $7,300.
To be eligible to contribute to an HSA, a person must be enrolled in an HDHP. The IRS defines an HDHP as a health plan with an annual deductible that is not less than a certain amount and with an annual out-of-pocket maximum (including deductibles, co-payments, and other amounts, but not premiums) that is not more than a certain amount. In 2022, the minimum deductible for an HDHP is $1,400 for self-only coverage and $2,800 for family coverage. The maximum out-of-pocket expense for an HDHP is $7,050 for self-only coverage and $14,100 for family coverage.
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how did roosevelt use the power of the federal government to change business practices?
Roosevelt used the federal government's power to alter business practices by having the government prosecute damaging trusts under Sherman antitrust law of 1890.
What exactly are business practices?Information about property rights, business plans, finances, goods and services, mfg methods and procedures expenditures, source of supply, marketing and promotion strategies, customer databases, financial records, pricing strategies, employees, and business relationships are all considered to be part of business practices.
How can business practices be improved?Business Practice Improvement (BPI) conducts research and analytics to simplify and reduce redundancies in order to give outcome-based, data-driven solutions for business processes and complicated problems. To prevent legal and regulatory issues, it's critical for businesses to conduct themselves with integrity.
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productive inefficiency implies that group of answer choices it is possible to obtain gains in one area without losses in another. it is impossible to obtain gains in one area without losses in another. there are too many resources. there are too few resources.
Productive inefficiency implies that in option b, it is impossible to obtain gains in one area without losses in another.
Productive efficiency refers to an optimized market producing maximum output from limited resources. It is also known as production efficiency. Contrary to this, productive inefficiency refers to a market operating with underutilized labor and resources. This causes the market to have production below its capabilities.
Productive inefficiency occurs when present technology in the industrial sector is unable to increase the production of one good without causing a loss in the production of another good. For instance, during a recession, labor is typically underutilized as limited labor is hired to produce the same amount of goods. Therefore, it implies that it is impossible to gain in one area without loss in another area.
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red hat systems is a small company started by two computer programmers who have come up with a medical diagnosis software program that is truly amazing. they can try to market it themselves, but there are only two of them and they have very little money for mass marketing efforts as well as no contacts in the medical field. they have heard that other companies are developing similar products. they have decided to form an alliance with united medical systems. what would seem to be the major reason for doing so?
Red hat systems decided to form an alliance with united medical systems in order to gain rapid access to the market.
What Strategies Do Companies Employ to Increase Market Share?Market share refers to a company's overall share of the market for the products and services it offers. Market share is an important business metric because it measures a company's success and profitability. It may signify a company's dominance in a certain industry or the success of its revenue-generating operations in attaining its goals. Market share may have an effect on business operations, the price of goods and services, and perhaps even the performance of the stock market. Market share growth directly correlates with revenue growth. As a result, a business might expand its operations and find prospects for greater profitability. Expansion of market share should be a top corporate priority.
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A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents is called: _______
A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents is called electronic funds transfer (EFT).
A digital transfer of finances from one bank account to another is known as an "electronic funds transfer" (EEFT), occasionally known as a "direct deposit." These transfers are conducted without the involvement of bank workers. It's a digital sale, therefore no paper attestation is needed.
Due to its ease of use, availability, and honesty, EFT has surpassed other plutocratic transfer styles as the most popular choice. Paper checks are becoming less common as businesses increasingly use EFT because it is cheaper, faster, and requires less labor overall. One of the most appealing aspects of the EFT is its security.
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many companies take advantage of banking opportunities in the cayman islands where there are low taxes and less strict banking regulations. the banking centers in the cayman islands are an example of
Many firms profit from banking options in the Cayman Islands due to the low taxes and weak banking regulations. For instance, the financial club in the Cayman Islands is a tax haven.
In a politically and economically secure climate, a tax haven is a nation that imposes little or no taxes on foreign companies and individuals for their bank accounts. They provide tax benefits to businesses and the extremely rich, and it is clear that they might be abused in tax avoidance schemes.
Tax havens could provide tax breaks or other financial incentives to draw in foreign investment. Guam, Bermuda, Taiwan, and Jersey are a few examples of nations that rank well in secrecy and have minimal to no taxes.
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your home insurance policy has a $400 deductible. if a small fire causes $600 damage to your home, what amount of the claim would the insurance company pay?
The amount of claim, the Insurance company would pay is $200.
Insurance is an agreement in which the people organizing a sporting event pay a company money and they pay the costs if there are any accidents, injuries, etc.
An insurance claim is a request to the insurance company for payment after a policyholder experiences a loss. The steps to claim your insurance includes:
(a) File police report.
(b) Document the damage.
(c) Review the coverage.
(d) Contact the insurance company.
(e) Prepare for the adjuster.
(f) Review the settlement.
(g) Receive the payment and repair the damage.
It is given that the Insurance company will pay $ 200 out of the $400 policy. The rest has to be paid by the insurer.
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goop inc. needs to order a raw material to make a special polymer. (assume that one gallon of raw material yields one gallon of polymer.) if demand is more than goop can make, then goop sells only what they made and the rest of demand is lost. suppose the demand for the polymer (for the upcoming selling season) is forecasted to be normally distributed with a mean of 400 gallons and a standard deviation of 110 gallons. how many gallons should goop purchase to target 24% stock-out probability?
overage fee is the cost per unit of effective inventory. Overage responsibilities can both be described as tremendous or poor in character.
How do you calculate overage cost?The overage cost, ℎ, is the price incurred per unit of unused inventory: In our story, it equals the purchase fee less the salvage value, −.
a surplus or excess of money or merchandise that is definitely on hand and that exceeds expectations. belongings - anything of cloth fee or usefulness that is owned by means of a individual or company.
What is overage inventory?Inventory overage occurs when there are greater gadgets on hand than your documents indicate, and you have charged too a lot to the operating account via value of goods sold.
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Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit
Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.
Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.
Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.
Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.
Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.
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after world war ii, the jews wanted a land . a. to call their own c. to sell for a profit b. to share with their neighbors d. the jews did not want any land
Option A is correct. After World War 2, the Jews wanted a land to call their own.
The Holocaust contributed to the formation of Israel by the atrocities of the Holocaust spotlighted the need for the Jews to have a land to call their own.
The atrocities of the Holocaust highlighted the requirement for the Jews to have a land to call their own.. Following WWII, the United Nations laid out Israel as a different country for the Jewish public to forestall future destructions and oppressions of Jews, like the Holocaust.
For Jews, it addresses the reclamation of their country following a centuries-in length mass migration following the end of the Herodian realm in the main century CE. Thus, it is as yet a famous objective for Jewish outsiders.
For a little country, Israel is critical to three of the world's significant strict gatherings. The cutting edge Jewish state isn't just the "Promised Land" for Jews yet additionally the main country in the existence where they comprise most of the populace.
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Which is the most correct answer that defines opportunity cost? The cost of already using an asset or a person already employed who was put on a new project.
The cost of already using an asset by the firm
The cost of already using a person on a new project.
The statement that best defines opportunity cost is " cost of already using an asset or a person already employed who was put on a new project". The Option A is correct.
What is an opportunity cost?The potential benefits that an individual, investor, or business foregoes when choosing one alternative over another are referred to as opportunity costs.
Because the opportunity costs are by definition invisible, they are easily overlooked. Understanding the potential missed opportunities when a company or individual chooses one investment over another allows for more informed decisions.
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Which of the following is/are the stages of capital formation? a. crreation of savings b. effective mobilization of savings c. investment in savings d. all ofthese
All of the options are stages of capital formation
Capital formation refers to raising capital through increased savings, investments in assets and savings, and financial transactions that raise the stock of money. It includes three stages of formation: the creation of savings, effective mobilization of savings and investment in savings. The stages can be further described as -
1) Development of savings - This stage includes the Individuals' collective savings in an economy resulting in the creation of savings.
2) Effective savings mobilization: This stage includes the savings that should be correctly distributed to various goals.
3) Investment in savings: This stage includes the economy should appropriately investing savings, which will boost productivity and speed up the creation of new capital.
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Receiving an email that says you have changed your bank account password when you have not is:
A. likely a warning sign of fraud, but the email should be opened to be certain.
B. not likely a warning sign of fraud, but the email should be deleted regardless.
C. not likely a warning sign of fraud, and the email should be opened.
D. likely a warning sign of fraud, and you should contact your bank.
Answer:
D. likely a warning sign of fraud, and you should contact your bank.
Explanation:
If you have not changed your bank account's password, and you are the only one you know with access to the account, you should suspect either that your account has been compromised or that you are being scammed. Call the official number of your bank to find out (not the one on the email.)
Answer:
. likely a warning sign of fraud, and you should contact your bank.
Explanation:
the idea that people like to work more hours for higher wages and work fewer hours for lower wages results in a(n)
The idea that people like to work more hours for higher wages and work fewer hours for lower wages results in a(n) substitution effect
The substitution effect is the decline in sales of a product that results from customers switching to less expensive substitutes when the price of the product increases. Although there are numerous possible reasons why a product loses market share, the substitution impact is only a reflection of thriftiness. A brand's price increase may cause some customers to choose a less expensive substitute. Many consumers will eat more chicken if beef costs increase.
A shift in the price of items tends to alter consumption patterns and trends, which is reflected in the substitution effect as a consumer choice theory. When the cost of items rises or when consumers' incomes fall, they switch from expensive to inexpensive products.
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business strategies exist at two levels. marketing planning is an example of which level of business strategy?
Business strategies exist at two levels. Marketing planning is an example of functional strategy level of business strategy.
The process of identifying activities that will support corporate goals and creating a timeframe for when that activity will be finished is known as marketing planning. Your marketing strategy should serve as the foundation of the discussion; this serves as the "why" and keeps the team concentrated on the ideas that will have the most impact.
Marketing planning aids in coordinating all of the firm's managerial tasks. In order to accomplish the general aims and goals of the company, it not only aids in coordinating the work of its own department but also in coordinating the management operations of every other department.
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which of the following is the first step in the marketing research process? group of answer choices interpreting and reporting the findings developing a marketing information system implementing the research plan developing the research plan defining the problem and objectives of the study
The first step in the marketing research process is defining the problem and objectives of the study.
Marketing research, which tries to gather data and information to better understand your company's target market, includes a range of activities. You can utilize the information you obtain from market research to launch or upgrade products, improve the customer experience, create a more targeted marketing plan, or help guide company decisions.
There are many advantages to good marketing research. Fundamentally, marketing research replaces guesses and gut instincts with data-driven insights to generate more intelligent strategy and tactics.
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laura opened a deposit account. in the first month, she made an initial deposit of $2500. she plans to contribute $225 a month after her initial deposit. the account does not pay any interest. after how many months will she have a total of $6,775? 18 months 20 months 21 months
Laura made an initial deposit of $2500 into a deposit account, and plans to contribute an additional $225 every month.The account does not pay any interest.
initial deposit =$2500
additional contribution=$225
final amount=$6775
it is like a arithmetic progression
An = a + (n – 1)d
6775 =2500+(n-1)225
4275=(n-1)225
(n-1)=4275/225
n-1=19
n=20
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the perfect order measures how effectively logistics serves the customer while the landed cost measures how efficiently logistics provides that service. t or f
TRUE, The ideal order assesses how successfully logistics serves the consumer, whereas the landed cost indicates how efficiently logistics offers that service.
What Is Logistics?Logistics is the total process of managing how resources are bought, stored, and transported to their eventual destination. Logistics management include finding potential distributors and suppliers and assessing their efficacy and accessibility. Logisticians are logistics managers.
"Logistics" was originally a military term referring to how military personnel obtained, stored, and moved equipment and supplies. The phrase is now frequently used in the business sector, notably by corporations in the manufacturing sector, to describe to how resources are handled and transferred through the supply chain.
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true or false: resources should be shifted from the private to the public sector if the benefit from the extra public goods exceeds the cost that results from having fewer private goods.
The given statement "If the benefit from producing extra public goods exceeds the cost that results from having fewer private goods, then needed or required resources should be shifted from the private to the public sector" is true.
Define Public sector vs Private sector
in general terms, Public sector organizations are owned, controlled and managed by the government or other state-run bodies where as the Private sector organizations are owned, controlled and managed by individuals, groups or business entities.
Here we need to find the whether the given statement is true or not.
Here we have given that, If the benefit from producing extra public goods exceeds the cost that results from having fewer private goods, then needed or required resources should be shifted from the private to the public sector.
While we looking into the given situation, we know that, when the production of public's good increases then the consumption in private sector is reduced.
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the long-run aggregate supply curve would shift left if the amount of labor available:_____.
The long-run aggregate supply curve would shift left if the amount of labor available increased or Congress abolished the minimum.
The long-run aggregate supply (LRAS) is what.
The aggregate supply curve is a tool for illustrating the link between price level and real GDP, or the amount of goods and services that would be provided if all prices were equal.
This may include nominal wages, which are completely flexible, but prices may shift along the LRAS. The only variables that may have an effect on the long-run aggregate supply curve, however, are capital, labor, and technology.
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These investors earn returns from receiving dividends and from stock price appreciation.
A. bondholders
B. stockholders
C. investment bankers
D. managers
One who holds at least one share of a company's capital stock is referred to as a stockholder, shareholder, or stockholder. The majority of the owners of a company are its stockholders, who often benefit from its success in the form of rising stock prices.
The correct answer is option B. Stockholders.
One who owns stock in a corporation is referred to as a stockholder. Shareholders own a portion of that business. If you own stock in the newest, greatest, most stable new start-up business, your shares are undoubtedly very valuable. People who own shares in a corporation, or who hold stocks, are said to be stockholders.
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choose two renewable resources described in the article and explain why they are renewable.
Solar energy and wind turbines are the two renewable resources. They are continuous since they originate from naturally replenishing sources or processes.
By renewable, what do you mean?Resources that can replace themselves over time as they are utilized or that may last indefinitely are considered renewable resources. They consist of biomass, solar sun, breeze, water, and geothermal energy.
What makes something renewable?The name "renewable energy" refers to source like solar and wind that are regularly and continuously regenerated. Alternative energy is also another name for sustainable power. The antithesis of fossil fuels, such as gas and coal, that serve as a limited energy source, are renewable energy sources.
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hsu-mei wants to save $5,000 for a down payment on a car. to the nearest dollar, how much will she need to invest in an account now with 7.5% apr, compounded daily, in order to reach her goal in 3 years?
Suppose the amount is A
% interest rate per day is 7.5 / 365
3 years = 3 x 365 = 1095 days
So 5000 = A (1 + (7.5 / 36500))1095
You can solve this for A, she needs to invest in an account now with 7.5% apr, compounded daily, in order to reach her goal in 3 years.
An investment is the giving of money to purchase an asset in order to achieve an increase in value over a period of time. Investment requires the sacrifice of some current asset such as time, money, or effort. In finance, the purpose of investing is to generate a return on the invested asset. Income can consist of a gain (gain) or loss realized from the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest or rental income, or a combination of capital gain and income. Income may also include currency gains or losses due to changes in foreign currency exchange rates.
Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is generally low as well. Similarly, high risk comes with the possibility of high losses. Investors, especially novices, are often advised to diversify their portfolios. Diversification has a statistical effect of reducing overall risk.
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you have been assigned as the project manager on a project focused on developing a new process for your organization called configuration management. which of the following identifies the functions this process performs? a. identifying, submitting, approving, tracking, and validating changes b. submitting, approving, tracking, measuring, and validating changes c. identifying, requesting, assessing, validating, and communicating changes d. reviewing, approving, tracking, validating, and proving changes
Option a is correct about configuration management.
What is configuration management?IT resources and services are tracked and controlled within an organization using the governance and systems engineering process known as configuration management (CM). When setup correctly, configuration management makes certain that a company is aware of how its technological resources are set up and how they interact with one another. The CM process aims to locate and monitor specific configuration items (CI), as well as to identify and record their functional capabilities and interdependencies. A CM tool assists a firm in enforcing a desired configuration state for every item and offers prompt alerts in the event of any configuration issues. Because configuration management makes it possible for administrators and software developers to comprehend how changes to one CI may impact other components, organizations rely on it. Configuration management is a useful tool in business governance and compliance for business leaders.
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the analyst inputs a function to find the number of product prices that are less than $150.00. which formula will return that result?
COUNTIF(G2:G30, "<150") is correct formula to analyse a function to find the number of product prices that are less than $150.00.
Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of product.
Pricing of the product is something different from its price. In simple words, pricing is the art of translating into quantitative terms the value of a product to customers at a point of time. Someone has opined that, “The key to pricing is to build value into the product and price it accordingly.”
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Complete question: The analyst inputs a function to find the number of product prices that are less than $150.00. which formula will return that result?
•COUNTIF(G2:G30, ">=150")
•COUNTIF(G2:G30, "<150")
•SUMIF(G2:G30, "<150")
•SUMIF(G2:G30, ">150")
refer to the included bike safety patrol budget spreadsheet. a chart is to be created that will represent the amount that the bike patrol is spending on the purchase of their equipment. it is important for those looking at the chart to easily see what portion of the $488.74 is being spent on each type of equipment. which type of chart will best display this information?
The (E) bar graph will show the information you have submitted.
Describe a bar graph.Rectangular bars with heights or lengths proportionate to the values they represent are employed in a bar chart or bar graph to represent categorical data.A bar plot may be either horizontal or vertical.A column chart is yet another name for a vertical bar graph.In a bar graph, comparisons between different categories are displayed.The comparison classes are plotted on one axis of the graph, and the measured value is represented on the other.In certain bar graphs, the bars are clustered to display the values of several variables measured.So, a bar graph will be used to represent the data collected.
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nagel equipment has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. the t-bill rate is 4.00%, and the t-bond rate is 5.25%. the annual return on the stock market during the past 4 years was 10.25%. investors expect the average annual future return on the market to be 15.00%. using the sml, what is the firm's required rate of return? do not round your intermediate calculations.
Required rate of return=Risk free rate+Beta*(MArket rate-Risk free rate)
Hence required rate=5.25+0.88*(15-5.25) = 13.83%(A).
The annual rate of return is the percentage change in an investment's value. For instance, if you assume a 10% annual rate of return, you are assuming that the value of your investment will rise by 10% each year.
A return in finance is a profit on an investment. It includes any change in the investment's value and/or cash flows received by the investor, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product.
Most investors consider an average annual rate of return of 10% or higher to be a good ROI for long-term stock market investments. Keep in mind, however, that this is an average. Some years will produce lower returns, possibly even negative returns.
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an identified and assessed risk of material misstatement that, in the auditors' judgment, requires special audit considerations are called
"An identified and assessed risk of material misstatement that, in the auditors' judgment, requires special audit consideration" is the definition of significant risk.
Significant risk is the probability of damage occurring in a magnitude that makes it can not be disregarded as it is. In business, the most recent significant risk are as follows:
Cyber incidents, such as IT failure and data breaches.Supply chain disruption.Changes in regulation and legislation (such as economic sanctions and government change).New technologies.Reputation and brand value loss.Natural catastrophes, such as earthquakes and storms.To prevent any risk from happening, or to keep the ability to manage if one does happen, risk management is needed as a necessary tool to deal with any potential risk.
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rising prices erode the value of money as a ________ and as a ________.
Rising prices erode the value of money as a medium of exchange and as a store of value.
What is inflation?It is the sustained and broad rise in the prices of goods and services in the economy of a country over time (one year, normally).
When there is an increase in the price level of the economy, the money loses value, lowering our purchasing power, and raising interest rates. Inflation can cause a slowdown in economic growth and recession in some cases.
The people most affected by inflationary processes are low-income families and older people because inflation lowers the values of pensions and wages.
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what is not one of the three talent management practices that are associated with exceptional financial performance?
The adoption of state-of-the-art HRM software is not one of the three talent management practices that are associated with exceptional financial performance.
What are the management practices?Management practices are the approaches and innovations used by managers to increase the effectiveness of work systems.
The common management methods include worker empowerment, training, quality improvement programs, and the use of different types of modern technology.
Therefore, Adoption of cutting-edge HRM software is not one of the three talent management practices linked to outstanding financial success.
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