Answer:
Respect.
Explanation:
Execution of a project according to the intended plan is very crucial to ensure the success of the project. In order to effectively execute the plan, it becomes crucial to display 'mutual respect and decency' between all the participants as it not only helps in preventing any kind of dispute or conflict in the team but also keeps the entire team focused and motivated to give their best. It develops a positive work environment by accepting each other's individual differences and going together as a team instead of a group of individuals.
Answer:
respect
Explanation:
If an economy is in long-run equilibrium, then which of the following is true for the economy's Phillips curve model?
a.The short-run Phillips curve intersects the long-run Phillips curve, and the actual unemployment is equal to the natural rate.
b. The short-run Phillips curve does not intersect the long-run Phillips curve, and the actual unemployment is equal to the natural rate.
c. The short-run Phillips curve intersects the long-run Phillips curve, and the actual unemployment is more than the natural rate.
d. The short-run Phillips curve does not intersect the long-run Phillips curve, and the actual unemployment is less than the natural rate.
e. The short-run Phillips curve intersects the long-run Phillips curve, and the actual unemployment is less than the natural rate.
If an economy is in long-run equilibrium, then the true option for the economy's Phillips curve model is option e. The short-run Phillips curve intersects the long-run Phillips curve, and the actual unemployment is less than the natural rate.
Where does the intersection between the short run and long run Phillips curves occur?The Phillips curve shows that unemployment and inflation have an inverse connection in the short run, but not in the long run. The short-run Phillips curve (SRPC), which depicts various ratios of unemployment and inflation, is where the economy is always located.
Therefore, the long-run Phillips curve moves right as the natural unemployment rate rises. The short-run Phillips curve moves to the right to cross the LRPC curve at the higher natural unemployment rate and the predicted inflation rate.
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The table above shows the various units of output that can be produced with different combinations of capital and labor. Which of the following statements is correct according to the information in the table?
O In the long run, there are constant returns to scale.
O In the long run, there are increasing returns to scale.
O In the short run, the marginal product of capital is constant. In the short run, the marginal product of labor is constant.
O In the short run, the law of diminishing marginal returns does not hold.
The information in the table indicates that the following statements about long-term returns to scale are true.
What do you mean by capital and labor?The two basic components of economic production are labor and capital. Labor refers to the individuals needed to produce a good or service, as well as their mental labor. Contrarily, capital describes the man-made machinery, technology, or apparatus used in the manufacture of a good or service. The amount of labor required to perform an activity, such as the number of man-hours needed to build a bed, is the total amount of work. A firm can employ capital, which is money, to boost production and, consequently, sales. In order to successfully produce, labor needs tools with which to work as well as housing, equipment, and other productive tools. All of these need capital, which is a tally of earlier earnings.
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Oscar owns a commercial fishing boat which he uses to catch fish for sale in his fishing business. The boat is destroyed by fire in 2022. The fair market value of the boat at the time of the fire was $500,000 and its adjusted basis $300,000. He receives insurance proceeds of $450,000. For tax purposes only, he would be best off to;
A. Buy a replacement boat for his fishing business within 2 years for at least $450,000 and use it to catch fish for his fishing business
B. Buy a new building for his fishing business within 2 years for at least $450,000 that he desperately needs to process the fish.
C. Buy a replacement boat for his fishing business within 2 years for $250,000, use the new boat to catch fish for his business while putting the remaining insurance proceeds in a saving account
D. It makes no difference whether he replaces the boat or not because the fire was not a federally declared disaster
The best option for Oscar is Option A: Buy a replacement boat for his fishing business within 2 years for at least $450,000 and use it to catch fish for his fishing business.
This is because in order to qualify for a casualty loss deduction, Oscar must replace the damaged property with "like-kind" property. In this case, he must purchase a boat for fishing purposes within two years of the casualty loss.
If he does so, he will be able to deduct the difference between the adjusted basis ($300,000) and the insurance proceeds ($450,000) against his income. If he does not replace the boat, he will not be able to qualify for the casualty loss deduction.
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gene's car wash is a natural monopoly. to wash 100 cars a week, if gene is unregulated, he would charge a price of $10. gene's average total cost for washing 100 cars is $8, his average variable cost is $6, and his marginal cost is $4. if gene is regulated using an average cost pricing rule, the price he is allowed to charge to wash 100 cars is group of answer choices
gene is regulated using an average cost pricing rule, the price he is allowed to charge to wash 100 cars is group
The common fee pricing rule is a standardized pricing strategy that regulators impose on sure corporations to restrict what those organizations are capable to charge their consumers for its merchandise or services to a price equal to the prices quintessential to create the product or service.
What is the criticism of common price pricing?The criticism of ACP is that the natural monopoly is held at zero economic profit significantly, and the company is not allowed to limit or expand its price above the market stage price. Therefore, the association will operate on the fee and purposefully make bigger the cost.
This pricing rule is every so often used with the aid of the authorities or regulators to mandate a monopoly to charge expenses equal to the common fee of production.
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https://brainly.com/question/7257273#SPJ4Two years ago, a builder constructed a house for a woman and conveyed that house to her for
$300,000 at the closing by a warranty deed, which was promptly recorded. The sale contract
contained no express warranties relating to the condition of the house. To finance the purchase,
the woman borrowed $200,000 from a local bank secured by a mortgage on her new house. The
mortgage note provided that in the event of the woman’s failure to make two consecutive
monthly mortgage payments, the balance would become immediately due and payable. The
mortgage was promptly recorded.
One year ago, the woman accepted a new job and moved. At that time, her house was worth
$360,000 and there was a balance on the mortgage of $195,000. She sold the house to a man and
delivered a quitclaim deed to him in exchange for $160,000. The quitclaim deed was promptly
recorded and made no reference to the woman’s mortgage obligation. The mortgage obligation
was not discharged at the closing. However, the man immediately began to make the woman’s
monthly mortgage payments to the bank after the closing.
Nine months ago, water seeped into the basement of the house during a major storm, causing
substantial damage. It is undisputed that the seepage was due to defective concrete used by the
builder and not to any negligence on the builder’s part. The man called the builder, told him
about the seepage, and demanded that the builder fix the concrete. The builder responded:
"That’s your problem." The man then repaired the concrete at a cost of $80,000.
Thereafter, the man sued the builder to recover the $80,000 he had spent to repair the concrete.
While the case was pending, the man stopped making mortgage payments. The bank sued the
man to foreclose on the mortgage and, if necessary, obtain a deficiency judgment against him on
the note if the sale proceeds were insufficient to discharge the mortgage debt. The man has
joined the woman as a third-party defendant in the lawsuit.
1. Is the man likely to prevail against the builder to recover the $80,000 he spent to repair
the concrete? Explain.
2. Is the man personally liable for the outstanding balance on the mortgage note between the
woman and the bank? Explain.
3. If the bank is successful in its foreclosure action, will the man be able to recover damages
from the woman? Explain.
The alternatives must first be added before we can respond to this question.
1. The court determined that the woman did not receive the benefit of her deal because the buyer paid her $50,000 more for the house than the buyer had paid the builder.
2. The court determined that the builder had agreed to foot the bill for the repair by yelling at the woman to "get it fixed."
C. The court determined that the builder's warranty deed to the buyer had a covenant of further assurances that had been broken by the foundational flaws.
3. The court determined that a future buyer might enforce an implied assurance of habitability made by the builder to the buyer.
What Is the Frauds Statute? According to a legal principle known as the statute of frauds, certain kinds of transactions must be in writing. The sale of land, agreements involving products valued at more than $500, and contracts lasting a year or more are some of the transactions that are most frequently subject to the statute of frauds.
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The journal entry to acquire materials on credit for factory use includes which two of the following? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Debit to Raw Materials Inventory 2 Credit to Accounts Payable 2 Credit to Raw Materials Inventory 2 Debit to Work in Process Inventory 2 Debit to Accounts Payable Credit to Work in Process Inventory 2 Credit to Cash 2 Debit to Cash
Debit to Raw Materials Inventory and Credit to Accounts Payable are included in the journal entry to purchase materials on credit for production use. In order to document a business transaction in the accounting records of the company, a journal entry is employed.
The general ledger often contains a diary entry. As an alternative, it might be entered into a subsidiary ledger, summarised, and then rolled forward into the main ledger. After then, the general ledger is utilised to produce the company's financial statements. The idea behind a journal entry is to use double entry accounting, which involves recording every company transaction at least twice. For instance, when you make a cash sale, the revenue account and the cash account are both increased. Alternatively, if you purchase items on credit, this raises both the accounts payable and inventory accounts.
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benefits committee decide to limit the number of participants who can receive a lump sum pension plan
Benefit committee decided to limit the number of participants who can receive a lump sum pension plan because this would reduce the people taking earlier retirements.
Retirement is the condition after which the person is sought to leave all the jobs or cease their working conditions as they are assumed to be old and physically consumed enough for the job. Generally the age of 60 years is considered as retirement age in many countries, though there are no hard and fast rule. Benefits at retirement helps the elderly people to sustain their living normally. If people continue early retirement then there will be lack of lump sum money which could be paid to the pensioners and this may create condition of chaos and stress among the pensioners. Hence the committee decided to reduce the participants who can receive lump sum pension.
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TRUE/FALSE. when host-country regulations are less demanding than those in home countries, some firms sell products that may not meet home-country expectations in terms of quality or benefit.
This assertion is accurate. Some businesses sell products that might not live up to the standards of the home country in terms of benefit or quality when laws in the host country are less strict than those there.
What is considered to be ethical corporate conduct in certain countries may not be in others.A country's definition of ethical business conduct may not be the same as another's. Corruption, labor laws, human rights, environmental regulations, and multinational firms' moral responsibilities are the most pervasive ethical issues in a global economic framework.
In some cultures, what is unethical may be acceptable.Ethical relativism refers to the perspective that morality is reliant on cultural norms. To put it another way, an action is either good or evil depending on the moral norms of the society in which it is practiced. In one group, a certain action might be morally right, but it might be unethical.
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A quantitative factor which is useful for measuring output (results) in a sales rep's performance is:A.Direct selling expense.B.Gross margin.C.Days worked.D.Advertising displays set up.E.Meeting held with dealers.
A quantitative factor which is useful for measuring output (results) in a sales rep's performance is: B. Gross margin
Retail purchases are subject to sales tax. It is employed to pay for local, state, and federally funded infrastructure projects including fire departments, roads, and schools. The Exact Response: Sales tax is an intake tax that is typically levied at the point of sale of goods from stores to individual customers. When a tax is applied to both the purchase and sale of goods and services for consumers and businesses, it is said to be an income tax. It's a type of intake tax, which means it levies a fee on people when they spend money.
A quantitative factor which is useful for measuring output (results) in a sales rep's performance is:A.Direct selling expense.B.Gross margin.C.Days worked.D.Advertising displays set up.E.Meeting held with dealers.
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A Theory X manager would assume his or her workers are:Question 5 options:1) desirous of more delegation2) very optimistic3) desirous of promotions, raises, and more responsibility4) lazy employees who can't be trusted5) ambitious and want to work for as long as they are physically able
A Theory X manager would assume his or her workers are lazy employees who can't be trusted . Thus correct option(4).
Douglas McGregor developed the theories known as Theory X and Theory Y in 1960. These theories propose two aspects of human behavior at work, or, to put it another way, two opposing perspectives on people (employees): one is negative and is known as Theory X, and the other is positive and is known as Theory Y.
According to Theory X, individuals despise their jobs, lack motivation, and are hesitant to accept accountability. This presumption leads managers to drive their workforce using a rigorous "carrot and stick" strategy that rewards superior performance and penalizes subpar performance.
A management is more likely to believe that prompts, rewards, and penalties are the only ways to get a worker to focus if they consider that the worker doesn't enjoy their work and isn't naturally driven. To complete the task, they make use of their authority.
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FILL IN THE BLANK. the basic purpose of ___ is to facilitate the flow of trade by establishing agreements concerning potential trade barriers such as import quotas, customs, export regulations, subsidies, and import fees.
Barriers' primary objective is to ease the flow of commerce.
What is the most prevalent trade barrier?The bulk of trade barriers function in a similar manner: they add some sort of cost (money, time, bureaucracy, quota) to trade, which raises the price or supply of the traded products. When two or more nations regularly erect trade obstacles against one another, a trade war results.
Why do trade obstacles exist?Trade restrictions are frequently put in place to safeguard domestic businesses and workers. This practice is known as protectionism. For instance, tariffs, quotas, and embargoes increase the cost and decrease the supply of foreign goods.
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manager must decide which type of machine to buy, a, b, or c. machine costs (per individual machine) are as follows: machinecost a$60,000 b$50,000 c$60,000 product forecasts and processing times on the machines are as follows: proccessing time per unit (minutes) productannual demand abc 18,000 363 211,000 131 319,000 544 422,000 322
Total Processing time in minutes per machine is 248,000 min
Define processing time.Processing time is the period of time between when a customer places an order and when the business actually fulfills that order. The time taken by a process from the time it enters the execution queue until it is finished is referred to as TAT (of its execution). WT is the total amount of time a process waits in a ready queue before receiving the CPU (to complete the I/O).
You can see from our processing times how long it previously took to process the majority of complete applications. "Being processed" indicates that the IRS must process your return before approving your refund. Even though the IRS issues the majority of refunds in within 21 days after receiving
A)
Total Processing time in minutes per machine
For machine A, total time = Total demand of each product*Processing time
= 18000*1 + 25000*5 + 15000*4 + 9000*5
= 248,000 min
Similarly for B & C can be computed
A = 248,000
B = 287,000
C = 145,000
Time available yearly (min) = Number of days*Hours/day*60 = 220*8*60 = 105,600 min.
Thus, Number of machine = Total processing time/Time available (It needs to be rounded Up to nearest whole number)
Eg. Number of machines A = 248000/105600 = 2.35. Thus, 3
A = 3
B = 3
C = 2
Total purchasing cost = Cost/machine*Number of machine
For A, Cost = 50,000*3 = 150,000$
Cost for B = 40,000*3 = 120,000$
Cost for C = 70,000*2 = 140,000$
B = 120,000$
C = 140,000$
B) Operating cost = Total processing time in hr * Cost/hr
Total cost = Total machine cost + Operating cost
So, For A, Machine cost = 150,000
Total processing time (hr) = 248000/60 = 4133.33
Cost/hr = 10
So, Operating cost = 4133.33*10 = 41333.3
Total cost = 150000+41333.3 = 191,333
Total cost for B = 120000 + 287000/60*12 = 177,400
Total cost for C = 140000 + 145000/60*11 = 166,583
A = 191,333
B = 177,400
C = 166,583
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The complete question is:
A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows:
Machine Cost
A $ 50,000
B $ 40,000
C $ 70,000
Product forecasts and processing times on the machines are as follows:
PROCCESSING TIME PER UNIT (minutes)
Product Annual Demand A B C
1 18000 1 6 2
2 25000 5 5 1
3 15000 4 3 2
4 9000 5 1 6
Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine type. The machines will operate 8 hours a day, 220 days a year. (Enter total processing times as whole numbers. Round up machine quantities to the next higher whole number. Compute total purchasing costs using these rounded machine quantities. Enter the resulting total purchasing cost as a whole number. Omit the "$" sign.)
Total processing time in minutes per machine:
A
B
C
Number of each machine needed and total purchasing cost
A $
B $
C $
b. Consider this additional information: The machines differ in terms of hourly operating costs: The A machines have an hourly operating cost of $10 each, B machines have an hourly operating cost of $12 each, and C machines have an hourly operating cost of $11 each. What would be the total cost associated with each machine option, including both the initial purchasing cost and the annual operating cost incurred to satisfy demand? (Use rounded machine quantities from Part a. Do not round any other intermediate calculations. Round your final answers to the nearest whole number. Omit the "$" sign.)
Total cost for each machine
A
B
C
Janice earned $175,000 of qualified business income this year from her sole proprietorship and has taxable income, before any QBI deduction, of $150,000. Janice is permitted a QBI deduction of
The allowed QBI deduction for Janice's sole proprietorship generated $175,000 in qualified business income this year, and she had taxable income of $150,000 before any QBI deductions. The allowed QBI deduction for Janice is the issue has been fixed.
Deduction for qualified business income For tax years starting after December 31, 2017, many proprietors of sole proprietorships, partnerships, S corporations, and some trusts and estates may be qualifying for a qualified business income (QBI) deduction, often known as Section 199A.
For tax years beginning after December 31, 2017, but before January 1, 2026, the Tax Cuts and Job Act of 2017 (TCJA) added a new 20% deduction for sole proprietors and owners of pass-through entities known as the Qualified Business Income (QBI) deduction under IRC Section 199A.
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I explains in defall the two types of argomone Define what argument is, sive motital examples for both?
Explanation:
An argument is a series of statements or reasoning used to support a particular point or conclusion. There are two types of argument: deductive and inductive.
Deductive arguments are arguments that start with a general principle or statement, and use logic and reasoning to arrive at a specific conclusion. For example, a deductive argument might start with the premise that "all men are mortal," and use this principle to conclude that "Socrates is mortal."
Inductive arguments are arguments that start with specific observations or evidence, and use this evidence to arrive at a general principle or conclusion. For example, an inductive argument might start with the observation that "all the birds I have seen are brown," and use this evidence to conclude that "all birds are brown."
Here are some examples of both types of argument:
Deductive argument:
Premise 1: All men are mortal.
Premise 2: Socrates is a man.
Conclusion: Therefore, Socrates is mortal.
Inductive argument:
Premise 1: All the birds I have seen are brown.
Conclusion: Therefore, all birds are brown.
in practice, raw materials, work in process and finished goods are frequently combined and reported as a single amount called on the balance sheet.
in practice, raw materials, work in process and the finished goods are frequently combined and reported as single amount called inventory on balance sheet.
What is a balance sheet?Financial accounting summarizes an organization's financial balances on a balance sheet, regardless of the sort of entity it is—a sole proprietorship, business partnership, corporation, limited liability company, or another type of institution like the government or a not-for-profit. Ownership equity, liabilities, and assets are reported as of a particular date, like the end of the company's fiscal year. The left side of a balance sheet for a firm is typically taken up by assets, while the right side, which is the finance, is broken down into obligations and ownership equity. Assets are followed by obligations. As stated inside the accounting equation, net worth must equal known as asset liabilities. The capital of a corporation is sometimes known as equity, net assets, or net worth.
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your favorite sporting goods store puts all of its water skiing equipment in a clearance sale right after labor day. this scale indicates the store manager is using: ____.
The Correct option is D. your favorite sporting goods store puts all of its water skiing equipment in a clearance sale right after labor day. this scale indicates the store manager is using: zone pricing.
A pricing approach in which all clients inside a described sector or area are charged an equal price; greater remote clients pay a higher price than those closer to the business enterprise's despatch point. additionally known as a couple of region Pricing. suppliers frequently promote equal brands of fuel to outlets at extraordinary charges. The charge is based on the “fee area” in which the retailer is located.
A quarter fee is a type of freight fee based on the number of geographic regions that shipping has to skip to attain its final destination. The more zones a shipper desires to bypass between its starting point and its vacation spot, the gradually better the freight charge will be. zone pricing lets retailers phase their product services into customized "charge zones"—rather than geographic obstacles—with the purpose to take local customers' possibilities, phase behavior, and price sensitivities into consideration.
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Complete Question:
your favorite sporting goods store puts all of its water skiing equipment in a clearance sale right after labor day. this scale indicates the store manager is using: ____.
A. seasonal discount
B. promotional allowance
C. quantity discount
D. zone pricing
A call option with several months until expiration has a strike price of $55 when the stock price is $50. The option has _____ intrinsic value and _____ time value.
when there is free entry and exit in a market, in the long run, price will: never change. keep rising. equal average cost. keep falling.
In the long run, with free entry and exit, the price in the market is equal to both a firm's marginal cost and its average total cost.
Hence, Option C is correct.
Economists use the phrase "free entry" to refer to a situation in which producers can freely enter the market for an economic good by starting production and selling the commodity. In a similar vein, free exit happens when a firm is free to leave the market when it experiences financial losses.Similar to how new businesses will shut down if they begin to lose money. Existing businesses will continue to leave until the product price increases while new businesses will continue to enter the market. As a result, businesses will only be able to manage typical profits over time.To know more about Market here
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Fact Pattern F. Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, who then indorses it to Nat, the present holder. Refer to Fact Pattern F. Suppose that Mona pays Nat on the note. With timely notice to the proper parties, Mona may collect payment on the note from Lou only No one. Jake or Kim only Jake, Kim, or Lou.
If Mona honors Nat's payment on the note. Mona may demand payment on the note from Jake, Kim, or Lou after giving prompt notice to the appropriate persons.
A promissory note, also known as a note payable, is a legal document in which one party—the maker or issuer—promises in writing to pay another—the payee—a specific amount of money under particular terms and conditions, either at a specific future time or upon demand of the payee.
Since Jake, a maker and payer, is stated in the question, he would likely pay Kim before endorsing Lou.
In this case, the Mona should obtain money from the aforementioned three parties.
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An options investor wishing to follow a market-neutral strategy would be most likely to find which of the following most appropriate?
A) A time spread
B) A long broad index call
C) A long straddle
D) A debit put spread
D. The most appropriate strategy for an options investor wishing to follow a market-neutral strategy would be a debit put spread.
A debit put spread involves buying a put option and simultaneously selling another put option with the same expiration date, but with a lower strike price. This strategy is market-neutral because it allows the investor to benefit from a decline in the underlying asset's price while limiting losses if the price increases.
The investor can also benefit from time decay as the option contracts lose value over time. By selling a lower strike put option, the investor will also receive a premium, which offsets the cost of the higher strike put option. This strategy is best suited for investors who are looking for limited downside risk and a market-neutral approach.
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financial ratios can be used by a commercial loan department to aid the loan officers in deciding whether to grant a commercial loan and in maintaining control of a loan once it is granted. in order to gain insights into how commercial loan departments view financial ratios, a questionnaire was sent to the commercial loan departments of the 100 largest banks in the united states. based on the responses received the ratios with the highest significance rating are
Based on the responses received the ratios with the highest significance rating are the current ratio and account receivable turnover in days.
What is account receivable turnover ratio?
By analysing how long it takes to collect the outstanding debt over the course of the accounting period, the accounts receivable turnover ratio, also known as receivables turnover, is used in business accounting to quantify how well businesses are managing the credit that they extend to their customers.
What is a good turnover ratio for accounts receivable?
Companies should aim for a ratio of at least 1.0 to ensure they collect the full amount of average accounts receivable at least once during a period. In general, a higher accounts receivable turnover ratio is advantageous.
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In what situations can too much customer service become a problem? Give examples.
Explanation:
Below are a few reason why customer service become a problem
1.Long Wait on Hold.
2.Unavailable or Out of Stock Product.
3.Making Customers Repeat Their Problem.
4.Uninterested Service Rep.
5.Poor Product or Service.
6.No First Call Resolution.
7.Lack of Follow Up.
8.New Product or Feature Request.
hope this helps
choose the best alternative: i. exchange rate risk results from changes in the exchange rates between the currency of the investor and the country in which the investment is made ii. exchange rate risk can be hedged by using a forward or futures contract in foreign exchange iii. exchange rate risk is a pervasive source of risk in internationally diversified portfolios
Exchange charge risk refers to the risk that a company's operations and profitability may additionally be affected by means of modifications in the trade fees between currencies.
Companies are uncovered to three sorts of risk precipitated by means of currency volatility: transaction exposure, translation exposure, and financial or operating exposure.
What are the 3 elements of alternate rate risk?The three types of overseas exchange hazard include transaction risk, monetary risk, and translation risk. Foreign alternate threat is a most important chance to consider for exporters/importers and corporations that change in international markets.
One of the dangers related with foreign alternate is the uncertainty of future trade rates. The relative values of the two currencies ought to alternate between the time the deal is concluded and the time charge is received.
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https://brainly.com/question/28009208#SPJ4As the recently appointed auditor for B Corporation, you have been asked to examine selected accounts before the 6-month financial statements of June 30, 2020, are prepared. The controller for B Corporation mentions that only one account is kept for intangible assets. The account is shown below.Date Particulars Debit Credit BalanceJan. 4 Research and development costs $932,000 $932,000Jan. 5 Legal costs to obtain patent $72,480 $1,004,480Jan. 31 Payment of 7 months' rent on property leased by B Corp $85,400 $1,089,880Feb. 11 Premium on common stock $232,000 $857,880Mar. 31 Unamortized bond discount on bonds due March 31, 2040 $88,800 $946,680Apr. 30 Promotional expenses related to start-up of business $216,800 $1,163,480Jun. 30 Operating losses for first 6 months $247,500 $1,410,980Prepare the entries necessary to correct this account. Assume that the patent has a useful life of 10 years.
Adjusting journal entries are those made by accountants at the end of the fiscal year to close the temporary accounts and transfer the remaining balances to the permanent accounts.
Adjusting journal entries is required to accurately reflect a company's true financial position. They are used to adjust the balances of specific accounts prior to the preparation of financial statements.
Adjusting journal entries is also used to update accounts for unpaid expenses or revenue that has not yet been recorded. For example, if a company has unpaid expenses from the previous period, the expense would be recorded using an adjusting journal entry.
To correct this account, the following entries need to be made:
1. Record amortization of patent:
Date Particulars Debit Credit
June 30 Amortization expense $7,248 Patent $7,248
2. Record payment of rent:
Date Particulars Debit Credit
June 30 Cash $85,400 Rent expense $85,400
3. Record premium on common stock:
Date Particulars Debit Credit
June 30 Common stock $232,000 Paid-in capital in excess of par $232,000
4. Record amortization of bond discount:
Date Particulars Debit Credit
June 30 Amortization expense $8,880 Bond discount $8,880
5. Record promotional expenses:
Date Particulars Debit Credit
June 30 Promotional expense $216,800 Cash $216,800
6. Record operating losses:
Date Particulars Debit Credit
June 30 Operating loss $247,500 Retained earnings $247,500
After making all the entries, the account should now show the following balances:
Date Particulars Debit Credit Balance
June 30 Patent $7,248 $1,417,228
June 30 Rent expense $85,400 $1,331,828
June 30 Common stock $232,000 $1,099,828
June 30 Bond discount $8,880 $1,091,948
June 30 Promotional expense $216,800 $875,148
June 30 Operating loss $247,500 $627,648
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consider kellogg's production and price choices in the breakfast cereal industry when it is characterized by the price-leadership model.
Under this theory of oligopoly, all firms other than the dominant firm act as sum price takers. Therefore, the horizontal sum of their marginal cost curves is their supply curve.
A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies frequently arise from the goal to maximize profits, which can result in corporate collaboration. As a result, there is less competition, higher consumer prices, and lower employee compensation.
Many industries, including civil aviation, energy providers, the telecommunications industry, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacturing, and auto manufacture, have been identified as being oligopolistic.
The above question is incomplete, the complete question is-
Consider kellogg's production and price choices in the breakfast cereal industry when it is characterized by the price-leadership model. Under this theory of oligopoly, all firms other than the dominant firm act as sum ________. Therefore, the horizontal sum of their marginal cost curves is their __________.
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carrie is considering several different universities. she wants a university that has a strong pre-med program because she wants to become a doctor. she also wants a university that is small. furthermore, carries doesn't want to go too far from her home in indiana. a university is an example of a heterogeneous shopping product, and carrie is having difficulty comparing universities because of all of the following except .
Carrie is considering several different universities because university is an example of a heterogeneous shopping product, and Carrie is having difficulty comparing.
Why is heterogeneous a word?Generally speaking, the term "heterogeneous" refers to a mixture of distinct, separate pieces or elements. When referring to a combination of two or more different substances or the same material in several phases of matter, the word is used in a more precise manner in the context of chemistry (such as ice and liquid water).
What does the word "heterogeneous" mean?A structure that appears irregular or variegated and has different parts or elements is said to be heterogeneous. On a CT scan, a dermoid cyst, for instance, exhibits heterogeneous attenuation. It is the opposite of homogenous, which is a structure made up of comparable elements. A structure with an alien origin is referred to as heterogenous.
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dvertisers are boosting spending on digital, social, and mobile media because of more _________ and the ability to communicate when and where consumers are making decisions.
a.
broadcast
b.
print
c.
precise targeting capabilities
d.
radio
Option (c), Due to better targeting options and the ability to identify the times and locations where consumers make decisions, advertisers are increasing their spending on digital, social, and mobile media.
Targeting strategy's significanceTargeting is important in marketing because it is a part of a full strategy. In addition to advertising, other factors that are affected include customer experience, branding, and corporate operations. If your company concentrates on target market segmentation, it can take the following steps: Address a particular group of people with your speech.
What advantages may firms get from online media?Digital media may reach a large audience across a large geographic area, which is just one advantage of using them for marketing and advertising. Digital media's low creation costs are its second advantage for use in marketing and advertising.
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11-20 monohan machinery specializes in developing weed-harvesting equipment that is used to clear small lakes of weeds. george monohan, president of monohan machinery, is convinced that harvesting weeds is far better than using chemicals to kill weeds. chemicals cause pollution, and the weeds seem to grow faster after chemicals have been used. george is contemplating the construction of a machine that would harvest weeds on narrow rivers and waterways. the activities that are necessary to build one of these experimental weed-harvesting machines are listed in the following table. construct a network for these activities.
CRTICAL PATH: ACTIVITIES HAVING ZERO FLOATS
CRITICAL PATH: A-B-C-E-G
WHAT IS NETWORK CONSTRUCTION?Activity: A project consists of a number of operations, and it is said to be finished when all of these operations have been finished. A task is really performed as part of activity. This uses resources, including time, people, money, space, and other things.
Event: It is when a task begins or ends. In other terms, an event is a moment in time at which an activity or series of events commences or terminates. Neither time nor resources are used in this.
NETWORK:
T ES EF=ES+T LS=LF-T LF F=LS-
ES=LF-EF
Activity Time Earliest Earliest Latest Latest Float
Start Finish Start Finish
A 6 0 6 0 6 0
B 5 0 5 0 5 0
C 3 6 9 6 9 0
D 2 6 8 10 12 4
E 4 5 9 5 9 0
F 6 5 11 6 12 1
G 10 9 19 9 19 0
H 7 11 18 12 19 1
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according to the code of professional conduct, a distinguishing mark of a profession is which of the following?
A distinguishing mark of a profession is acceptance of its responsibility to the public.
What is a code of professional conduct?A professional code of conduct is a statement that informs staff members of how they should conduct themselves while representing their employer. The company's values, sanctions, and obligations are just a few examples of the components that can be found in a code of conduct.
Consistent honesty, the ability to handle sensitive information, the ability to be trusted with other people's property, and accurate and thorough documentation of patient care and educational activities are just a few examples of professional behavior.
Thus, A distinguishing mark of a profession is acceptance of its responsibility.
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a partial adjustment to the amount owed by the customer for goods that were not returned, but did not fully meet the customer's expectations is referred to as ____.
A partial adjustment to the amount owed by the customer for goods that were not returned, but did not fully meet the customer's expectations is referred to as a sales. allowance.
The partial adjustment component is an alternative version of electricity called that captures the dynamics of the call for the conduct, allowing for the pliancy of the call with respect to each of its determinants to be expressed in each of its short-run and lengthy-run forms.
There are three main forms of adjusting entries: accruals, deferrals, and non-cash costs. Accruals encompass collected sales and costs. Deferrals can be prepaid expenses or deferred sales. Non-cash fees modify tangible or intangible fixed belongings thru depreciation, depletion, etc. This restricted capability is expressed in Equation (2) as parameters θ1 and θ12, the partial adjustment constraints. The parameter θ1 captures both the power of month-to-month behavioral inertia and the month-to-month price of capital turnover for styles of equipment that can be operated in all months (e.g., refrigerators), and the parameter θ12 captures the electricity of yr-to-12 months behavioral inertia and the fee of capital turnover that has a seasonal usage sample (e.g., air conditioners).
The parameters θ1 and θ12 will tackle values between 0 and one, with 0 similar to a scenario wherein consumers are absolutely not able to modify consumption in the direction of the long-run equilibrium, and with one similar to a scenario wherein the whole capital stock can turn over proper away and no behavioral habit exists.
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