Shaleen in her first two months on the job, she not only learned to do her job more efficiently, but she has also saved the company money.
This is an example of (E) learning effects.
What are the learning effects?The learning effect is the process by which education increases productivity and leads to greater earnings in economics.In psychology and motor learning, the learning effect refers to the rapid improvements in performance that we witness when a person performs their first 5-10 tries at a new task. As the learner becomes more familiar with the activity, these initial leaps in performance become smaller and smaller.Learning effects are stronger when a technologically difficult task is repeated since there is more to learn about the task.Solution -As it is stated above as the learner becomes more familiar with the activity, these initial leaps in performance become smaller and smaller.
Therefore, this is an example of (E) learning effects.
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Complete question:
When Shaleen first started at the manufacturing facility, it took her four hours to complete the task she can now accomplish in 30 minutes. In her first two months on the job, she not only learned to do her job more efficiently, but she has also saved the company money. This is an example of
a. Multiple Choice
b. economies of scale.
c. lead strategy.
d. lag effects.
e. learning effects.
f. transition effects.
From a competitive firms' point of view, the key question regarding the higher wages paid to union workers is whether the higher wage level is matched by non-union producers. can be passed on to its customers. leads to workers with more experience. is matched with higher productivity.
From a competitive firms' point of view, the key question regarding the higher wages paid to union workers is whether the higher wage level is matched with higher productivity.
If management increases its investment in machinery in response to union demands for greater salaries, then union members may be more productive because they have access to better or more capital equipment than the average nonunion worker. The company will need to make fewer hires, nevertheless.A union can act like a monopoly and demand whatever salary rate it can get for its members because it is the only source of labor. Employers must comply with the union's salary demand if they require workers.
What is Efficiency-Wage Theory?
According to the efficiency wage principle, employers should pay their employees well enough to encourage productivity and keep highly competent people on staff.
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If the german automobile manufacturer, volkswagen, builds a new factory to produce volkswagens in pennsylvania, which component of gdp would be affected?
The component of GDP that includes net exports and business investment will be affected If the German manufacturer builds a new factory to produce volkswagens in pennsylvania.
What are components of gross domestic product?In economics, the components of gross domestic product includes the personal consumption, business investment, government spending and net exports.
Hence, the component of GDP that includes net exports and business investment will be affected by the decision.
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For the year ended December 31, Depot Max's cost of goods sold was $56,900. Inventory at the beginning of the year was $6,540. Ending inventory was $7,250. Compute Depot Max's inventory turnover for the year.
Depot Max's inventory turnover for the year is 8.3
Given
Cost of goods sold = $56900
Begining Jovenstory = $6540
Ending Inventory = $7250 .
Average inventory = opening inventory + closing inventory / 2
= $6 540 + $-7250 / 2
Average inventory = $6895
cost of goods old
.: Inventory turnover = cost of goods sold / Average inventory
56900 / 6895
= 8. 252 times
He Depot Max's Inventory 8.3 times (approx ).
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Standard costs may be used as a management tool to control costs by a.controlling these costs separately. b.either including standard costs and variances in the general ledger or controlling these costs separately. c.excluding standard costs and variances in the general ledger. d.including standard costs and variances in the general ledger.
The correct option is, (b) either including standard costs and variances in the general ledger or controlling these costs separately.
What is standard cost variance?The difference between a standard cost and an actual cost is known as a standard cost variance. When a materially negative variance occurs, management takes appropriate action to address the situation. This variance is used to track the expenditures incurred by a company.What is meant by standard cost?The planned cost of a typical manufacturing process is the benchmark against which actual costs are measured. Of course, the initial standard costs will need to be estimated if a new good, service, or process is to be used.What is the purpose of standard costing?By establishing benchmarks for manufacturing costs and performance, standard costing seeks to reduce waste and boost operational efficiency. Standard costing is not a distinct way of product costing; rather, it is a control mechanism.Learn more about standard costing here:
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Establishing a Mrs. Fields Cookies franchise inside a Hardees fast-food franchise is an example of ________ franchising
According to the research, the strategy of establishing a Mrs. Fields Cookies inside a Hardees fast-food franchise is an example of co-branding franchising.
What is co-branding franchising?It is the strategy that two certain franchises take in order to increase their profitability by marketing one or more products or services.
It involves the establishment of some kind of working relationship between the franchises, where the costs are generally divided between both parties, allowing the reach and influence of both brands to be increased.
Therefore, we can conclude that according to the research, the strategy of establishing a Mrs. Fields Cookies inside a Hardees fast-food franchise is an example of co-branding franchising.
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The Bank of Dallas has excess reserves of $30 million, deposits of $180 million, and the required
reserve ratio is 10%.
a.
What is the value of this bank's total reserves?
b. How much money is invested in loans and bonds?
The Bank of Dallas has excess reserves of $30 million, deposits of $180 million, and the required reserve ratio is 10%. $48 million is the value of this bank's total reserves. $30 million is invested in loans and bonds.
Here, reserve required to be maintained is $180*10% = $18million. Given the excess reserve is $3o million. Therefore, the total value of this bank reserve is $48 million. And the excess reserve i.e. $30 million should be invested in loans and bonds.
Bank reserve are calculated by multiplying its total deposits by the reserve ratio. Therefore $18 million should be reserve required. And excess should be invested in loans and bonds.
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The entire bundle of products, services, and meanings of one's offering; including extras like service, warranty, or delivery, as well as what the product means to the customer refers to
Total product refers to the entire bundle of products, services, and meanings of one's offering; including extras like service, warranty, or delivery, as well as what the product means to the customer.
As an economic idea, the total product compares an employer's quantity of output to a fixed quantity of inputs. As an analysis of quick-run production, the overall product typically examines variables that have an effect on output, along with uncooked substances and associated waste or direct hard work prices and stages.
The entire product refers to the total amount (or volume) of output produced with a given amount of entering throughout a period of time.
General product is virtually the output this is produced by all of the hired workers. A marginal product is an extra output that is generated by using an additional employee. With a second worker, manufacturing increases by 5, and with the 0.33 worker, it will increase by means of 6.
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When the central bank decides to increase the discount rate, the: money supply increases. interest rates decrease. interest rates are unaffected. interest rates increase.
The correct option is D). interest rates increase.
What happens when the central bank increases or reduces the discount rate?When the central bank increases the discount rate, there will be a decrease in the amount of reserves in the banking system.
If central bank decrease the discount rate, then it will be cheaper for commercial banks to borrow money.
Basically, When the central bank decides to increase the discount rate then the interest rates increase.
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Which of the following are duties of the Federal Reserve System?
(Choose 5)
Group of answer choices
Acts as the government’s bank
Maintains currency
Provides investment advice to savers
Sells mortgages to borrowers
Conducts monetary policy
Provides credit cards to consumers
Supervises banks
Maintains the payment system
The Federal Reserve System performs several critical duties to fulfill its role as the central bank of the United States. The five duties among the options are as follows.
Acts as the government's bank: The Federal Reserve handles various financial transactions and services for the U.S. government such as processing payments, issuing and redeeming government securities.
Maintains currency: The Federal Reserve ensures that currency is readily available to meet the public's demand for cash.
Conducts monetary policy: The Federal Reserve formulates and executes monetary policy to achieve stable prices, maximum employment and moderate long-term interest rates.
Supervises banks: The Federal Reserve oversees and regulates banks to promote a safe and sound banking system.
Maintains the payment system: The Federal Reserve operates key payment and settlement system which is facilitating the smooth and secure transfer of funds among financial institutions, supporting the functioning of the overall economy.
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(The) __________ is the adaptable tool used to create and deliver appealing combinations of appealing values along with meaningful and persuasive marketing messages.
(The) marketing mix is the adaptable tool used to create and deliver appealing combinations of appealing values along with meaningful and persuasive marketing messages.
What is marketing mix?The marketing mix, involves the integration of all the process of marketing.
It include pricing of commodity and promotion of the commodity for sale at a particular place.
Therefore, the marketing mix is the adaptable tool used to create and deliver appealing combinations of appealing values along with meaningful and persuasive marketing messages
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The marketing mix fits the description of an adaptable tool used by marketers to achieve their objectives.
Marketing mixThe marketing mix consists of the following elements:
product,price,place,promotion, and people.A careful mixture of these elements by a marketer can be used to create and deliver appealing and persuasive marketing messages.
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A market is said to be _____ if it derives most of its value from a single class of users.
The market is said to be one sided market.
When market makers only provide information on the bid or ask price for a security, the market is said to be one-sided. When market makers provide shares in an initial public offering (IPO) that have high investor demand, this is a typical illustration of a one-sided market.
When fear has taken over the market, as occurs when an asset bubble bursts, one-way markets can also develop.
By charging a bigger gap between their bid and ask prices, market makers reduce the likelihood of lopsided markets.
Therefore, the answer is one sided market.
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A market that consists of all the individuals and organizations that want goods and services to use in producing other goods and services is called the:
A market that consists of all the individuals and organisations that want goods and services to use in producing other goods and services is called "business to business market".
What is business to business marketing?
Business-to-business (B2B) marketing refers to any approach or content used by one company to target and sell to another company. For instance, B2B marketing is frequently used by businesses that sell goods and services to other businesses or organisations.
Key feature of B2B marketing are-
few consumers as a percentage of all consumers.enormous orders.It is possible to create a relationship between the customer and the seller.Prospective clients are simple to identify and segment.A purchase involves a larger number of people.To know about how business marketing fundamentally differs from consumer marketing?, here
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Naomi is a market researcher for her company, which designs and manufactures carpets and rugs. She travels globally to conferences and trade shows to track current trends in her industry. During one trip, Naomi learns about a new dye technique that results in more resilient color at a lower cost. She brings the relevant information back to her team and other experts in her company to discuss the feasibility of implementing this technique in their products. Which competitive force has Naomi capitalized on to benefit her company's manufacturing processes
The answer is, Rivalry among existing competitors.
Rivalry among current rivals is high when numerous rivals occupy the same position in the market, and is low when there are few rivals.Companies are continuously looking for ways to differentiate their services and goods from those of competitors, or at the very least, to reduce the benefits of that competitors' services or products. When new technologies arise that could give a competitor an advantage in the market, this is a crucial factor to take into account.What is rivalry among existing competitors?Competitive rivalry is a gauge of how fiercely existing firms compete with one another. Competitive activities like price lowering, higher advertising costs, or investing on service/product innovation and improvements can reduce profits and foster competition.What are the 3 types of rivalry?James Mark Baldwin identified three basic categories of competition in his 1902 Dictionary of Philosophy and Psychology: biological rivalry, personal or conscious rivalry, and economic and industrial rivalry.Learn more about Rivalry among existing competitors here:
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increased global trade caused both economic development and population growth in cities - especially port cities. How did this urban growth affect rural economies
Better integration between urban and rural areas is crucial for the socioeconomic performance of both places because they each have unique and frequently complimentary strengths.
How did urban growth affect rural economies?In order to meet coastal demand, Indian farmers started producing more cotton; farmers and landowners in Western Europe invested in raising food production; and English landowners changed their relationship with those who plowed and harvested their fields by paying them wages rather than using sharecropping agreements.
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A tax on sellers shifts the: demand curve to the right. supply curve to the right. demand curve to the left. supply curve to the left.
A tax on sellers shifts the supply curve to the left. The correct option is option 'D'.
If the tax is imposed on sellers.
This means that the sellers will have to increase the cost of producing the products.
Which would lead to a decrease in the number of profits they would receive from selling a product.
Therefore, fewer and fewer sellers will produce goods with high costs and low profits.
Therefore, this would ultimately lead to a decrease in the quantity supplied by the producer even when there is no change in the price of the product.
This will result in an upward (leftward) shift in the supply curve.
Hence, if the tax is imposed on the supplier supply curve shifts toward the left.
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Tom is the CEO of Endless Possibilities Inc. and proudly boasts his firm's slogan, We Guarantee Success! However, Tom's constituents presented him with data on their latest project which suggests that they should not move forward. Tom, undeterred with this data, decides that he will still accept the project because he believes that he can't lose. This is a classic example of
This is a classic example of managerial hubris.
What is managerial hubris?Managerial hubris is the delusion that managers at bidding firms can handle a target company's assets more effectively than the target company's current management. One reason a manager could decide to invest in a merger that often yields no profits is managerial hubris.
What's an illustration of hubris?It denotes excessive pride and arrogance. Although a character may experience this internally, it usually manifests in their behaviors. A politician who decides not to campaign because he believes he is too well-liked to lose an election might be a contemporary, real-life illustration of hubris.
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The interdependence principle states that your best choice today depends on all of the following EXCEPT decisions others are currently making. expectations about the future. past decisions you have made. other decisions you are currently making.
The correct option is C). Past decisions you have made.
What is the interdependence principle?Independence principle refers to the assurance of the receiver of certainty and promptness of payment, independent of any breach of the main contract.
The principle of interdependence means that there is at least some degree of similarity between the signs and the relevant goods or services.
It is the obligation of the issuer to pay the beneficiary upon presentment of the letter of credit is independent from the lessee's obligations under the lease.
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Customers drive away after failing to find a place to park at a supermarket. The current process is _________
Capacity constrained; It is a process or a situation when an institution fails to accommodate its customers and their belongings in the capacity available.
More about Capacity constrained:
Bottlenecks, sometimes referred to as capacity restrictions, are areas or steps in your operation that move more slowly than others. A capacity limitation can be compared to a bottleneck because, just like with a bottle of milk, only a certain amount of milk can flow through the bottle's neck at once, regardless of how big the remainder of the bottle is.
Capacity constraints are a common problem, and there are many ways around this issue. One tried and true approach that many companies use was proposed by Eliyahu Goldratt in his book “The Goal.”
Complete question:
Customers are driving away after failing to find a place to park at a supermarket. The process currently is:
a. Capacity constrained.
b. Demand constrained.
c. Supply exceeds demand.
d. Capacity unconstrained.
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If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed held the money supply constant, then the two policies together would generally lead to ______ income and a ______ interest rate.
If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed held the money supply constant, then the two policies together would generally lead to option(a) i.e, lower income and a lower interest rate.
What is a budget deficit?When ongoing expenses are higher than regular operating revenue, a budget deficit results. Budget deficits may result from specific unforeseen circumstances and initiatives. Tax increases and spending reductions are two ways that nations might deal with budget problems.
Inflation, or the ongoing rise in prices, is one of the main threats posed by a budget deficit. A budget deficit in the US may lead to the Federal Reserve releasing more money into the economy, which fuels inflation. Year after year, ongoing budget deficits may result in inflationary monetary policy.
The relationship between deficits and interest rates is more clearly demonstrated when the deficits are used to fund government spending than by tax reductions. If tax cut recipients save part of the money they receive from the tax cut, the impact of the tax cut on interest rates should be minimized.
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The complete question is:
If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed
held the money supply constant, then the two policies together would generally lead to ______ income and
a ______ interest rate.
a) lower; lower
b) lower; higher
c) no change in; lower
d) no change in; higher
According to the attraction-selection-attrition (ASA) theory, job applicants:______.
a. avoid other applicants if they are competing for the same jobs.
b. with a variety of personal characteristics are preferred by organizations, resulting in a more heterogeneous organization.
c. do not typically pay much heed to organizational values when applying for work.
d. avoid employment in companies whose values seem incompatible with their own values.
Answer:
d. avoid employment in companies whose values seem incompatible with their own values.
Explanation:
wWhich category are these in? tell me if its: Operating, Investing, Financing, or noncash.
1. _____ Purchase of equipment for cash.
2. _____ Payment of employee salaries.
3. _____ Collection of cash from customers.
4. _____ Cash proceeds from a note payable.
5. _____ Purchase of common stock of another corporation for cash.
6. _____ Issuance of common stock for cash.
7. _____ Sale of equipment for cash.
8. _____ Payment of interest on note payable.
9. _____ Issuance of bonds payable in exchange for land and building.
10. _____ Payment of cash dividends to shareholders.
11. _____ Payment of principal on note payable.
1. —Purchase of equipment for cash is an investing activity.
2. -- payment of employee salary is an operating activity.
3. — Collection of cash from customers also an operating activity.
4. —cash proceed from a note payable is a financing activity.
5. — purchase of stock of another entity is an investing activity.
6. —Issuance of common stock for cash is a financing activity.
7. —sale of machinery for cash is an investing activity.
8. —payment of interest on a note payable is an operating activity.
9. —issuing bonds in exchange for real estate and buildings is a non cash transaction.
10. —payment of cash dividends to shareholders is a financing activity.
11. — Paying off a note's principal is a finance activity.
What is investment activity?Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity. If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.Operating Activities: What Are They?The tasks a company performs that are directly relevant to offering its products and/or services to the market are referred to as operating activities. A product or service is manufactured, distributed, marketed, and sold. These are the company's primary commercial activities.what is financing activity?Transactions involving debt, stock, and dividends are considered financing activities. The cash flow from financing section includes information on debt and equity financing, which varies depending on the capital structures, dividend practices, and debt conditions that particular organizations may have.Non-cash transactions: What are they?Investing and financing-related transactions that don't employ cash or a cash equivalent are known as non-cash transactions. A business engages in a non-cash transaction when it makes a purchase or incurs a cost but does not pay cash for it; instead, the company signs a promissory note or assumes the repayment of an existing loan.learn more about Operating, Investing, Financing, or non cash
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Market and Market Research
Exercise #2
Having just talked to the management team about why marketing is important, you now want to conduct some secondary research into the computer industry and primary research into consumers’ needs, views and wants.
Exercise:
Using the internet find some secondary information on the computer industry within your country or a country of your choice. See if you can find two pieces of information:
1.Market share of computer manufacturers within your country.
2. The value of the computer industry within your country.
A) Having found this information, list why you think it is important for MJA, Inc. to have both sets of data?
Primary Research
Your company needs to find out more about the potential of computer users.
B) What primary research methods are appropriate to find out about the needs of computer users. What are the advantages and disadvantages of each?
C) Why is it important for MJA, Inc. to conduct both primary & secondary research?
1. Dell is the market leader in the United States, followed by HP Inc., while Lenovo and Apple, who are ranked third and fourth, respectively. 2. Manufacturers determine the worth of the domestic computer industry.
A. The information will support management decisions and give a sense of how competitive the market is. B. Interviews with staff members and dilemmas are the main techniques. C. Primary and secondary research are both critical for a business.
What is marketing?
The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing.
1. The two businesses, who hold a combined market share of more than 50%, are Dell and HP Inc., who also hold the second- and third-place spots in the U.S. PC market, respectively. 2. The sum of PC sales from all manufacturers represents the industry's value.
A. The information will support management decisions and give a sense of how competitive the market is. Market share data will assist the firm in choosing a goal that is doable.
B. Merit is inexpensive, and demerit isn't always the right information in ambiguous situations. The merit of a hiring interview can be quickly evaluated, whereas the demerit is expensive.
C. Secondary research is a base of choice, while primary research is the primary need.
Hence, the significance of the market research is aforementioned.
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A desire to keep products seeming new encourages the proliferation of extra features in what is known as Blank______.
A desire to keep products seeming new encourages the proliferation of extra features in what is known as feature bloat.
The term "feature bloat" is used to describe what happens when a product has too many features and functionalities. This word is typically used to describe items that have too many extra "bells and whistles" features and can no longer fulfill their primary function as a result.
In some ways, it's simple to understand how feature bloat occurs in a variety of items, from cars and home appliances to smartphones and apps. Manufacturers may be eager to set themselves apart from their rivals by providing what consumers may view as added value.
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When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company Group of answer choices increased speed. reduced costs. increased productivity. improved quality. reduced destructive internal competition.
When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.
What is a destructive competition?Multiple producers being driven out of the market by competition.When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.What do you mean by internal competition?The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.Is competition is constructive or destructive?However, competition can really be divided into two types: healthy competition and unhealthy competition. Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.
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When giving his report, Cranston tells the division vice president that the project will be completed on time but fails to tell her that it will come in way over budget. What communication pitfall is taking place?
The communication pitfall that is taking place is inconsistent messages.
Diverse components of an inconsistent message signify contradicting referents, whereas information offered by various components of a consistent message is redundant.
Consistency shapes both the appearance and feel of the messaging as well as the tone and manner of the online and offline experience, allowing people to acknowledge the company and brand when they view the material.
Inconsistency reduces the credibility of the person thereby resulting in lowering the trust level of the upper management in delegating the task to the person. Inconsistent messages are not appreciated in any organization, these are considered to be very bad. Managers consider those person who are consistent with the messages that they convey and achieve them.
Therefore, the answer is inconsistent messages.
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_____ is a strategic-management tool that helps an organization take stock of its internal characteristics and assess the external environmental conditions.
SWOT is a strategic-management tool that helps an organization take stock of its internal characteristics and assess the external environmental conditions.
What is SWOT?A SWOT means strengths, weaknesses, opportunities, and threat. It is a tool, used by management of an organization to analyze factors that are internal and external, which could affect them negatively.
The purpose of SWOT is to assist identify the internal and external factors that could pose as threats to an organization.
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The ________ finances the export activities of companies in the United States and offers insurance on foreign accounts receivable.
The Export-Import Bank finances the export activities of companies in the United States and offers insurance on foreign accounts receivable.
Export-Import BankA federal organization called the Export-Import Bank of the United States (EXIM) offers a range of resources to support the export of American products and services. The Bank's goal is to finance the selling of American exports to foreign customers in order to create and maintain jobs in the United States. EXIM provides solutions like buyer financing, export credit insurance, and working capital access to American exporters and their clients. Second, EXIM offers buyer finance to match or compete with the financing provided by over 96 ECAs throughout the world when U.S. exporters face foreign competition supported by other governments.\To learn more about Export-Import Bank refer to:
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Tomatoes are an input in the production of salsa. If the price of tomatoes rises sharply, this will cause:
Answer:
It will lead to the increase in the price of salsa , a situation known as inflation .
Explanation:
Inflation is the rise of price of products , as a result of many factors including production cost which is the case in this scenario.It is usually timely and may affect the cost of living in a country .
It may be as a result of ;
Demand pull inflation Cost push inflation (which is the case in our illustration)Built in inflation
Demand surge , causes inflation if the consumers are willing to pay more for the product .Other factors such as the rise in the wages of the employees in the production field together with the rise in the prices of raw materials can be a huge cause for inflation .
identify two other types of business organisation jameel lost his job
Answer:
When Jameel lost his job with a fruit and vegetable shop that closed downhe decided to open his own store. He had good contacts with suppliers.
They said they would give him one month’s credit before he paid for
supplies. Jameel had $5000 in savings to invest in the shop. He thought thiswould be sufficient to start the business. He is an independent man - he
never liked taking the manager’s orders in the food shop! He wanted to
operate his new business as a sole trader
Explanation: hope this helps if not i am sorry
Franchises and partnerships are two other types of business organisations jameel lost his job.
Franchises and partnerships are two distinct business models that involve collaboration between different entities. Franchising is a business arrangement where a franchisee licenses the right to use a well-established brand, business model, and support from a franchisor in exchange for fees and royalties.
This allows the franchisee to operate under an established brand with proven systems. Partnerships, on the other hand, involve two or more individuals or companies pooling their resources and expertise to run a business together, sharing profits and liabilities. Both models offer unique advantages, such as brand recognition in franchising and shared responsibilities in partnerships.
Therefore, Franchises and partnerships are two other types of business organisations jameel lost his job.
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Probably the full question is:
When Jameel lost his job with a fruit and vegetable shop that closed down he decided to open his own store. He had good contacts with suppliers. They said they would give him one month’s credit before he paid for supplies. Jameel had $5000 in savings to invest in the shop. He thought this would be sufficient to start the business. He is an independent man - he never liked taking the manager’s orders in the food shop! He wanted to operate his new business as a sole trader.
Identify two other types of business organisations jameel lost his job.
When a manager gives people the opportunity to use their skills and abilities to the fullest extent possible, the ________ needs of people at work are satisfied.
When a manager gives people the opportunity to use their skills and abilities to the fullest extent possible, the self-actualization needs of people at work are satisfied.
What is self-actualization?Self-actualization according to Maslow's hierarchy of needs, serves as the stage where personal potential is fully attained.
This can be prove When a manager gives people the opportunity to use their skills and abilities to the fullest extent .
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