A temporary team formed to solve a problem, realize an opportunity, or design a product or service.
What is a task force?A task force is a team of individuals who have been given the temporary assignment to collaborate in order to accomplish a very specific and well-defined goal. A temporary team formed to solve a problem, realize an opportunity, or design a product or service. For instance, a drug task force operates separately from a police force to deal with concerns pertaining to the production, distribution, and use of illicit narcotics.What is collaboration?Collaboration is the process of two or more parties cooperating to carry out a task or realize an objective. Cooperation and collaboration are comparable. Leadership is a necessary component of most collaborations, albeit it can take the form of social leadership within an egalitarian, decentralized group.Therefore, the task force is a temporary team formed to solve a problem, realize an opportunity, or design a product or service.
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Sabrina bought a new washing machine. She put $50 down and pays $50 per month for the next 10 months to be able to make the purchase. Which type of credit did she use?
The credit she used is an installment sales credit.
Installments help you manage your liquidity and avoid unnecessary interest and fees. Installments are what you think of as a typical loan. Mortgages, car loans, or personal loans are examples of installment loans. These usually have a fixed payment and a specific end date.
Credit sales are a way for businesses to offer their customers short-term payment deferral options. The typical time frame for credit sales is 90 days or less. Credit sale discounts are often applied when the full amount is paid within a certain number of days.
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In an economy in which decisions are guided by prices and individual self-interest, there is.
In any economy in which economic decisions are guided by both prices and individual self-interest, there is the potential to achieve efficiency in the level of production.
What is an economy?An economy is a function of how the various means of production, money, and scarce resources are carefully allocated and used to facilitate the demand and supply of goods and services in a country, so as to efficiently and effectively meet the unending needs or requirements of consumers.
According to economists, there is the potential to achieve efficiency in the level of production in any economy in which economic decisions are guided by both prices and individual self-interest.
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Many organizations use the same process capability standard for all their products or services (e.g., 1.33), but some companies use multiple standards: different standards for different products or services (e.g., 1.00, 1.20, 1.33, and 1.40). what reasons might there be for using a single measure, and what reasons might there be for using multiple standards
The reasons to use single measure and multiple standards are given below.
The reasons for using a single measure and multiple standards are:The use of a single-item measure decreases the possibility of common method variance, which occurs when misleading correlations are seen due to the usage of the same response format rather than item content. Furthermore, the face validity of the single-item measure should not be overlooked.Standards ensure the safety, quality, and dependability of products and services; they facilitate trade and safeguard our and the environment's health. Standards in business improve systems and processes by reducing waste, lowering costs, and ensuring uniformity.Standards also help to rationalize and minimize production costs, which helps to meet consumer demands for low-cost services while retaining high quality. Standards specify quality and minimum criteria and give accepted solutions for consumer, health, safety, and environmental protection.Therefore, the reasons for using the single measures and multiple standards are given.
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The primary purpose of a push strategy is to: Group of answer choices push products on consumers and convince them that they need the products. rush the production schedule for products and beat competitors to the market. push the product down the distribution channel to retail stores. push products away from traditional channels of distribution to save costs.
The primary purpose of a push strategy is to:
Push products on consumers and convince them that they need the products.
What is Push Strategy?A push marketing strategy, also called a push promotional strategy, refers to a strategy in which a firm attempts to take its products to consumers – to “push” them onto consumers.
A "push" strategy tries to sell directly to the consumer, bypassing other distribution channels (e.g. selling insurance or holidays directly). With this type of strategy, consumer promotions and advertising are the most likely promotional tools.
In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisement is one of the greatest promotional tool for push strategy.
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_____ is the most critical step of the decision-making process. Group of answer choices Choosing an alternative Identifying and defining the problem Evaluating the alternatives Determining the set of alternatives
Identifying and defining the problem is the most critical step of the decision-making process.
An individual goes through a decision-making process while deciding which alternative or course of action will best suit their needs.
It is a series of actions performed by managers in an organization to decide the intended course for business objectives and to initiate particular actions.
Business intelligence (BI) and analytics technologies should ideally be used to analyze objective facts and make choices on those findings.
Identifying and defining the problem is the most crucial step of the decision-making process because without getting to know the problem no manager will be able to find the solution to it.
Hence, identifying and defining the problem is the most critical step of the decision-making process.
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The short run is a period for which: Group of answer choices firms maximize total revenue instead of profit. diminishing returns will be encountered due to fixed inputs. firms have only fixed inputs. all inputs and all costs are variable.
The short run is a period for which diminishing returns will be encountered due to fixed inputs.
What is Short Run Period?According to the concept of the short run, some inputs will be constant while others will be variable within a specific time frame in the future. It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so.The short run is different from the long run in that it includes both fixed and variable components, which are absent from the long run. In the short run, a firm's output, wages, and prices do not always have complete freedom to change in order to accomplish a goal. Since there are no fixed costs, in the long run, a firm's production components can find equilibrium.To learn more about the Short run period refer to:
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Policymakers should be aggressive in using their powers to place limits on firm behavior, because business practices that appear to reduce competition never have any legitimate purposes. a. True b. False
The use of insurance credit scoring is more common with the sale of homeowner's insurance coverage than it is with automobile insurance coverage. Question 2 options: True False
True.
Your credit score plays an important role in the homeowner's insurance premium you pay once you purchase a home. That's because insurance companies use information in your credit report to calculate an insurance score.
A higher credit score decreases your car insurance rate, often significantly, with almost every company and in most states. Getting a quote, however, does not affect your credit. Your credit score is a key part of determining the rate you pay for car insurance.
Although some insurance companies still look at your actual credit report, most insurance companies using credit information are using a “credit score.” A credit score is a snapshot of your credit at one point in time.
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Why do development experts use per capita gross domestic product (per capita GDP) instead of gross domestic product (GDP) to determine the value of production and measure of income for an economy
GDP alone does not effectively compare national living levels and per capita GDP takes into account population.
GDP estimates the monetary worth of final products and services (those purchased by the ultimate user) generated in a country over a certain time period (say a quarter or a year). It includes all the product produced inside the borders of country's .
Per capita GDP takes into account both the country's GDP and its population. Per capita GDP deconstructs a country's economic production per person and is computed by dividing a country's GDP by its population, allowing for a more accurate comparison of living standards across nations.
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Lyft raises ride-sharing fares when more people need rides and vice versa. This is referred to as _______. a. pricing based on perceived satisfaction b. status quo pricing c. satisfactory pricing d. surge pricing
Lyft raises ride-sharing fares when more people need rides and vice versa. This is referred to as Surge pricing. Hence option D is correct.
What does pricing stand for?Pricing is the process of determining the value that a manufacturer will receive in exchange for their goods and services. The producer uses a pricing strategy to make the cost of its products suitable for both the manufacturer and the consumer.
When a business increases the price of a good or service when demand is high and lowers prices when demand is low, this practice is known as "surge pricing."
Hence option d is correct.
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Massages For You offers single massages at the price of $75. However, if you buy a one-year membership, you will have a monthly fee of $65 per massage. What selling technique is Massages For You using in this example
Based on Massages For You offering a lower one-year membership monthly fee, this is called Trading up.
What is the Trading Up selling technique?Trading up refers to when a customer is subtly encouraged to spend more money on a product because a higher quality is offered against a lower quality.
A single massage here is $75 yet a monthly subscription is $65 per month which would be $780 a year.
This is trading up because the lower monthly price will lead to the person spending more on the yearly subscription as opposed to the single massage.
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If the reserve ratio is 20% and a bank accepts $10,000 in demand deposits from the public, then it would have to keep ______ in reserves.
If the reserve ratio is 20% then the amount that a bank would keep in reserves after accepting the demand deposits is $2,000.
How much would the bank keep?The reserve ratio refers to the percentage of deposits that banks have to keep as reserves in the Fed.
If this rate is 20%, the bank would therefore have to keep:
= 10,000 x 20%
= $2,000
In conclusion, the bank would keep $2,000.
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Gabriel had no idea how consumers would respond to a survey about attitudes toward a program opening up space travel to private citizens. He could use ________ to allow respondents to answer in their own words.
Gabriel had no idea how consumers would respond to a survey about attitudes toward a program opening up space travel to private citizens. He could use a survey with open-ended questions.
Space travel to private citizens:
On June 7, 2019, NASA said that beginning in 2020, it intends to start permitting commercial astronauts to go to the International Space Station using the SpaceX Crew Dragon and the Boeing Starliner spacecraft for public astronauts, with a planned daily cost of $35,000 USD.
Three paying clients and a retired NASA astronaut set off for the International Space Station. The trip is the first to visit the space station with only private persons aboard, and it is also the first time NASA has worked with other organizations to coordinate a space tourism visit.
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A company had no office supplies at the beginning of the year. During the year, the company purchased $370 worth of office supplies. On December 31, $135 worth of office supplies remained. How much should the company report as office supplies expense for the year
The company report as office supplies expense for the year as
$400.
Supplies expense
Supplies expense refers to the cost of consumables used during a reporting period. Depending on the type of business, this can be one of the larger corporate expenses. There are two types of supplies that may be charged to expense.
How do you record supplies expense?
Debit the supplies expense account for the cost of the supplies used. Balance the entry by crediting your supplies account. For example, if you used $220 in supplies, debit the supplies expense for $220 and credit supplies for an equal amount.
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The idea that the eventual decline in spending will be much larger than the initial (autonomous) decrease in aggregate demand is the ______.
The blank is to be filled with the word Multiplier.
The Multiplier effect refers to the effect on national income and product of an exogenous(caused by a variety of factors outside the control of a single organization) increase in demand.
In other words, it means that the multiplier effect is an economic term, referring to the proportional amount of increase, or decrease, in final income that results from an injection, or withdrawal of capital.
Let's take an example. Suppose assume a company makes a $100,000 decline in investment of capital to expand its manufacturing facilities in order to produce less and sell less. After a year of production with the new facilities operating at minimum capacity, the company’s income decreased by $200,000. This means that the multiplier effect was 2 ($200,000 / $100,000). Simply put, every $1 of disinvestment produced an extra decline in $2 of income.
Hence, The idea that the eventual decline in spending will be much larger than the initial (autonomous) decrease in aggregate demand is the Multiplier.
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A tile and carpet warehouse uses several computers for the inventory process. The computers in the warehouse area have a higher hard drive failure rate than those in the office area. Which solution will help this company
The solution that can help this company regarding the information about the computer is to replace the hard drives with SSDs.
What is a computer?It should be noted that a computer is an electronic machine that can be used to make one's work easier and faster.
In this case, the solution that can help this company regarding the information about the computer is to replace the hard drives with SSDs.
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A _____ involves breaking a project down into a series of smaller tasks. a. work breakdown structure (WBS) b. risk breakdown structure (RBS) c. value breakdown structure (VBS) d. concept breakdown structure (CBS)
Hello,
Answer:
A work breakdown structure (WBS) involves breaking a project down into a series of smaller tasks.
Shamrock, Inc. recorded a loss of $9800 when it sold a van that originally cost $71000 for $14600. Accumulated depreciation on the van must have been $61200. $66200. $24400. $46600.
Answer:
true
Explanation:
The inflationary spiral explains the causes and effects of high inflation. The spiral usually begins with an increase in demand. What is the direct effect of this increase?.
The inflationary spiral explains the causes and effects of high inflation. The spiral usually begins with an increase in demand. What is the direct effect of this increase in producers raising prices to continue to make profit .
Price spirals are a macroeconomic theory used to explain the causal relationship between rising wages and rising prices or inflation. The price spiral suggests that rising wages will increase disposable income, increase demand for goods, and raise prices.
Higher prices increase the demand for higher wages, leading to higher production costs and further upward pressure on prices, creating a conceptual spiral.
Price Spiral is an economic term that describes the phenomenon of price increases due to rising wages. When workers receive wage increases, they demand more goods and services, which leads to higher prices. Rising wages effectively increase overhead costs, which are passed on to consumers at higher prices. It is essentially a permanent loop or cycle of constant price increases.
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A closely-held corporation has a defined benefit plan for its officers and employees. Due to a stock market decline, the plan is underfunded and the corporation does not have enough cash to make its minimum pension contribution. To meet the shortfall, the President of the corporation wants to donate a valuable oil painting to the plan. This action is:
When the President of the corporation wants to donate a valuable oil painting to the plan. This action is "an illegal transaction involving a party-in-interest and the plan".
Employee Retirement Income Security Act (ERISA):The main purpose of (ERISA) are-
Transactions between the plan trustee and alleged "parties-in-interest" are expressly forbidden by ERISA. Any fiduciary, advisor, or employee of the plan, as well as any employer whose employees are covered by the plan, are considered "parties-in-interest." Sale, exchange, or leasing of property between the plan and a "party-in-interest," a loan to a "party-in-interest," the provision of goods, services, or facilities to a "party-in-interest," the transfer of plan assets to a "party-in-interest," or the use of plan assets by a "party-in-interest" are all prohibited transactions.To know more about ERISA, here
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A ________ is any restriction that limits or alters the rate or direction of capital movement into or out of a country.
Capital control is any restriction that limits or alters the rate or direction of capital movement into or out of a country.
Capital management represents any measure taken through a government, central financial institution, or different regulatory frame to limit the glide of overseas capital in and out of the domestic economy. those controls encompass taxes, price lists, rules, quantity regulations, and market-primarily based forces.
usually, countries use everlasting controls as part of a longer-term method to reduce volatility, shield underdeveloped monetary structures, and restrict currency appreciation from large capital inflows that would impair export performance.
Capital restrictions are the measures that governments or crucial banks take to govern the go with the flow of overseas cash in and out of a country's economic system. Government controls include tariffs, taxes, volume capital restrictions, etc.
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NewTel is a telephone company with a policy of filling positions through promotions rather than hiring from outside. Until recently, the company had a strong engineering focus and tended to promote people into senior executive positions from the engineering areas. Consequently, almost all of the company's 14 senior executives joined the company over 20 years ago in junior engineering positions. There is increasing pressure on NewTel to become more marketing and service oriented, so four people were hired one year ago from consumer products and retail firms to fill new senior executive positions in marketing and service management. The external hires were necessary because employees were not sufficiently qualified. Now there are signs of tension among senior executives, particularly during budget deliberations where there is limited discretionary spending on new corporate activities. The four new hires have been frustrated in their attempts to have the company put more money into marketing and customer services instead of technology investment. What conflict management strategies could be applied at NewTel to minimize dysfunctional conflict among these senior executives?
Answer:
Explanation:
yaay
All of the following products were important trade goods that came from India, except __________. A. coffee B. cotton C. spices D. tea
Hello !
Answer:
All of the following products were important trade goods that came from India, except coffee.
Country A specializes in producing kiwis. Country B specializes in producing oranges. As a result, Country A can consume more kiwis and oranges than it could have if it had tried to grow kiwis oranges itself and had decided not to trade. This illustrates the concept of: Group of answer choices Supply
This scenario better illustrates the concept of absolute advantage, as both countries are specialized in one product.
What is the absolute advantage?It is an economic perspective that explains how a nation's specialization in the manufacture and selling of a thing or service aids in economic growth since trade between nations with various specialties can result in money coming from the export of commodities.What is absolute advantage and examples?Absolute advantage occurs when one country produces a good more effectively than another. In other words, a finished commodity or service can be produced with fewer resources. Brazil, for instance, has a clear edge when producing coffee beans.What is absolute advantage and why is this important?This approach aids nations in avoiding the manufacture of goods that might result in losses due to low or nonexistent demand. A nation's absolute competitive advantage or disadvantage in a certain industry can have a significant impact on the products it chooses to manufacture.Learn more about Absolute Advantage here:
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What is an advantage for Freeman XP, a brand experience company that organizes large events such as trade shows, of hiring union workers
The advantage for Freeman XP, a brand experience company that organizes large events is: Union workers have specialized skills that is required to run large events successfully.
Union workersFreeman XP tend to believes that the benefit of using the union worker or employee is that the company can count on the trained employee who have the required skills to operate such large events from beginning to the end.
Hence, the advantage for Freeman XP is that the Union workers have specialized skills that is required to run large events successfully.
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What is a government corporation? Group of answer choices Each department in the executive branch is legally registered as a corporation. It is an agency that performs and charges for services usually provided by the private sector. It is a private company, publicly traded, whose sole investor is the federal government. It is a government agency that is charged by Congress to make a profit. It is a government agency that is run primarily by business executives from the private sector.
It is a company that performs and bills for services that are typically offered by the private sector.
Government corporation: what is it?A government corporation is a federal agency that was created by Congress with the goals of providing a market-oriented public service and generating income that would roughly cover its expenses.
Which is an illustration of a public company?There are other examples from the US as well. Government corporations include, for example, the Federal Deposit Insurance Corporation (FDIC), United States Postal Service (USPS), and Environmental Protection Agency (EPA).
Why are there government corporations?Independent organizations and governmental businesses exist to support the delivery of services to the general public, deal with issues that have grown too complicated for the government to manage, and maintain effective government operations.
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Company officers will have direct involvement with their assigned personnel and should have knowledge of organizational policies such as:
The knowledge that company officers have over their assigned personnel will include:
Duty assignments.Promotions.Retention.Performance evaluations.Duty exchange.Leave (vacation, sick, and wellness).Substance abuse.AbsenteeismWhat knowledge will company officers hold?Company officers will be expected to directly interact with the personnel under them.
To do this, they are to have knowledge of certain things such as performance evaluations, substance abuse, and duty assignments. This would help them direct personnel better.
Options for this question are:
Duty assignments.Promotions.Retention.Performance evaluations.Duty exchange.Leave (vacation, sick, and wellness).Substance abuse.AbsenteeismAll of the above.Find out more on the duties of company officers/ management at https://brainly.com/question/3792248.
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In the Blank______ stage of the product life cycle, demand and sales increase, profits peak, and there are more competitors.
the correct answer is "in the growth stage of the product life cycle, demand and sales increase, profits peak, and there are more competitors."
Growth stage-
If the product continues to thrive and meet marketplace needs, the product will enter the growth stage. In the growth level, income sales typically grows exponentially from the take-off point. Economies of scale are realized as income sales grow quicker than prices and manufacturing reaches capacity.Competition withinside the boom level is frequently fierce, as competition introduce comparable products. In the growth stage, the marketplace grows, opposition intensifies, income rise, and the wide variety of clients increases.learn more about product life cycle here: https://brainly.com/question/16866268
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An assessment conducted on the chain of interlinked activities of an organization or set of interconnected organizations, intended to determine where and to what extent value is added to the final product or service is known as
The answer is Value Chain Analysis.
Value chain analysis (VCA) is a procedure where a company determines its core and auxiliary operations that provide value to its finished product and then analyse these activities to cut costs or boost distinction.
In other words, the value chain is a representation of the internal processes a company goes through to convert inputs into outputs.
Its objective is to identify the operations that are most valuable to the company (i.e., the source of cost or differentiating advantage) and those that may be enhanced to give the company a competitive edge.
Hence, an assessment conducted on the chain of interlinked activities of an organization or set of interconnected organizations, intended to determine where and to what extent value is added to the final product or service is known as Value Chain Analysis.
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the economy is doing well, but inflation is a concern. How should the Federal Reserve respond to help slow down the economy? Explain
Plss someone help
The Federal reserve can react by enacting contractionary monetary policies.
What are contractionary monetary policies?
Inflation is when there is a persistent rise in the general price levels. Contractionary monetary policy are policies taken to reduce money supply. These policies are necessary when there are inflation is increasing. Open market sales and increasing the interest rate are ways of carrying out contractionary monetary policy
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