A circumstance team member engaging in social loafing when performance is evaluated for the individuals, not the group
What is social loafing?Generally, The psychological phenomenon known as social loafing is the perception that members of a team would perform less work when they are in a group environment.
According to the theory of the social loafing effect, when people are evaluated as part of a group, they do not pull their own weight socially.
In the field of social psychology, the phenomenon known as "social loafing" refers to the tendency of individuals to put forth less effort to accomplish a task when they are part of a group as opposed to when they are working alone.
It is considered to be one of the primary reasons why the combined performance of the members of a group functioning as individuals is sometimes less productive than the performance of the group as a whole.
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Why is it important to understand the amount of setup time required for each order?
Production capacity is limited because setup time cuts into available production time.
What is Setup Time Reduction?A method of minimizing the time required to switch a process from the final component for the outgoing product to the first functional component for the incoming product. The length of time it takes to finish a setup has an impact on manufacturing since it affects how adaptable a production process is determined.
Setup period, Setup time Reduction is the amount of time between the final successful run and the start of the succeeding run. Activities during setup time do not add value to the product value. Cutting down on setup time will increase a company's capacity, manufacturing flexibility, and overall output.
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Due care is the idea that consumers and sellers do not meet as equals and that the consumer's interests are particularly vulnerable to being harmed by the manufacturer, who has knowledge and expertise the consumer does not have.
True
Diligence is the idea that consumers and sellers do not meet on an equal footing, and that the interests of consumers run the risk of being particularly harmed by manufacturers who are tempted to purchase their products.
In sales, business, and economics, a customer is someone who buys something for money or other value from a vendor, vendor, or supplier. This person is also called the customer, purchaser, or purchaser.
There are four types of buyer-seller relationships: transactions, functions, partnerships and strategies. His four basic sales strategies used by salespeople are scripted selling, needs-satisfaction selling, consultative selling, and strategic partner selling.
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subject records management is an alphabetic system of storing and retrieving records by their geographic location.
Subject Record Management is an alphabetical system for storing and retrieving records by subject or subject. Used to keep related records together under a specific topic category.
1. Records should be grouped by topic, topic, or project for administrative decisions, and users can request information by topic, topic, or project. In this situation, distributing records throughout the system of records by business name, personal name, or another identifier is not effective for retrieval. 2. Documents may not be submitted pursuant to
Other Submission Characteristics.
Both arrangements are alphabetical arrangements of subjects or titles. The arrangement of the Dictionary is that all topics are arranged alphabetically after the primary guide from A to Z. In the encyclopedic arrangement, majors are arranged alphabetically, and subdivisions of majors are arranged alphabetically after the major main guides.
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Which of the following choices best reflects the interrelationships of the four categories of balanced Scorecard performance measures? A) Learning and growth Customer Internal business process Financial
B) Learning and growth Internal business process Financial Customer
C) Financial Learning and growth Internal business process Customer D) Learning and growth Internal business process Customer Financial Multiple choice
A. Choice B B. Choice D C. Choice C D. Choice A
The choices best reflect the interrelationships of the four categories of balanced Scorecard performance measures is A) Learning and growth Customer Internal business process Financial.
Scorecards provide management with precious insight into their company's provider and pleasant in addition to its economic track record. via measuring all of those metrics, executives are capable of educating employees and different stakeholders and offering them steering and guidance.
An employee scorecard is a management tool used to monitor a worker's performance. it's the right organizational device as it lets individuals devise, prioritize, and enforce required initiatives. It outlines every person's role and contribution to the workplace.
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micro tek inc. is considering an investment in new equipment that will be used to manufacture a smartphone. the phone is expected to generate additional annual sales of 4,000 units at $450 per unit. the equipment has a cost of $940,000, residual value of $20,000, and an eight-year life. the equipment can only be used to manufacture the phone. the cost to manufacture the phone follows:
The machinery can only be used to make phones. the phone's manufacturing cost increased by 155%
Which exactly is an opportunity to invest?
What it means to invest is to make a current financial commitment in the hopes of future growth. The use of capital—such as time, money, effort, etc.—with the hope of receiving a return higher than the initial investment is known as investing.
How do novice investors make purchases?
Depositing funds into an internet interest bearing account, which can later be used to purchase shares of stock in share collective investment schemes, is one of the greatest ways for novice investors to learn how to invest in stocks. You may frequently open a brokerage account and begin investing for the cost of one share.
Briefing:
Annual operating income = Sales - Manufacturing cost
= (4,000 × $450) - (4,000 × $264)
= $744,000
Average investment = (Initial cost + Residual value) ÷ 2
= ($940,000 + $20,000) ÷ 2
= $480,000
Average rate of return = Average annual operating income ÷ Average investment
= $744,000 ÷ $480,000
= 155%
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The Journal entry to update the accounts for prepaid insurance that has expired is which of the following types of adjusting entries?
a. Prepaid item
b. Unearned Revenue
c. Accrued Expenses
d. Accrued Revenue
e. Not an adjusting entry
The Journal entry to update the accounts for prepaid insurance that has expired is prepaid item type of adjusting entries.
Prepaid insurance is a type of insurance that is paid for in advance. This type of insurance can be used to cover a wide range of risks, including health, life, and property insurance.
Prepaid insurance can be a great way to budget for future risks and protect yourself and your family from financial hardship in the event of an unexpected loss. Prepaid insurance accounts are insurance in which the policyholder pays for coverage in advance. This type of insurance can be beneficial for both the policyholder and the insurer.
Hence, the correct option is "A".
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porter's diamond framework to explain national competitive advantage includes four interrelated factors: demand conditions, competitive intensity in a focal industry, related and supporting industries/complementors, and .
Porter's diamond framework to explain national competitive advantage includes four interrelated factors: demand conditions, competitive intensity in a focal industry, related and supporting industries/complementors, and factor condition.
Porter Diamond refers to an economic model that helps you understand what gives one group, organization, or country a competitive advantage over another. Also known as the Porter Diamond of National Advantage theory, this theory was developed by Michael Porter in 1990 and states that certain industries in certain countries are internationally competitive and others are not.
Porter's Diamond Theory states that the success of a particular industry depends on other related industries. Supporting industries can strengthen an organization's market position and create a competitive advantage through its chain of supply, the exchange of ideas and resources.
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.
Example of dependability:
Opposite of dependability:
Why does your employer want you to demonstrate dependability?
Employer want you to demonstrate dependability because dependable employees are willing to assist clients and coworkers without his supervision, a company desires them.
What do you mean by Dependability?Dependability is characterized as the capacity to be trusted or depended upon.
Reliable and dependable in carrying out duties linked to the job, completing tasks given to them, and keeping appointments and deadlines. Keywords: Reliable, Consistent, and Stable. Additionally, having dependability might enhance the quality of your life. If you are dependable, people will know they can rely on you to show up on time, give an assignment your all, see it through, and even act morally when no one is looking.
Therefore, Employer want you to demonstrate dependability because dependable employees are willing to assist clients and coworkers without his supervision, a company desires them.
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A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $2,700,000. Based on this information, the a. legal capital is $2,780,000.
b. number of shares issued is 80,000.
c. number of shares outstanding is 2,780,000.
d. average price per share issued is $3.48.
Number of shares issued is 80,000.
What is shares issued?
Shares of a corporation that have been allocated and are now held by shareholders are referred to as issued shares in the fields of finance and law. Issuance refers to the process of creating new issued shares. Simply put, allocation refers to the transfer of shares to a subscriber.
In the question, the common stock par value and the total amount is given. Moreover, paid-in capital is also given.
So, if we compute it, then it gives the number of shares issued because it contains a formula which is shown below:
Number of shares issued = (Common stock ÷ Par value)
= ($80,000 ÷ $1)
= 80,000 shares
So, paid-in capital is not relevant in the computation part, and therefore, the other options are wrong except b. option.
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in principle, the large stock of reserves outstanding should result in the fed funds rate equaling the interest on excess reserves (ioer)
The large stock of reserves outstanding should result in the fed funds rate equaling the interest on excess reserves if the commercial banks will be indifferent between the two options.
When the Federal Funds Rate is higher than the Reserves Rate banks seek to increase their return on funds by withdrawing funds from reserve accounts at the Federal Reserve and lending those funds on the Federal Funds Market.
When the Federal Reserve raises interest rates the market price of existing bonds immediately falls. New bonds will soon hit the market, offering higher interest payments to investors. Paying interest on bank reserve balances is a common monetary policy tool available to major central banks.
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Suppose two countries A and B choose the quantity of oil to produce simultaneously and without consulting with one another. B Q = 10 Q = 20 A: 1,250 A: 800 Q = 10 B: 1,250 B: 1,600 A A: 1,600 A: 1,100 Q = 20 B: 800 B: 1,100 What is each country's dominant strategy? Each country's dominant stratesy is to produce 20 A's dominant strateey is to produce 10 and Os dominant strategy is to produce 20 A's dominant strategy is to produce 20 and 's dominant strateey is to produce 10 Dambo
When two countries choose the quantity of oil to produce simultaneously and without consulting with one another then each country's dominant strategy is to produce 20. So, option A. correct.
What does dominant strategy economics mean?A dominating strategy is an optimum answer to all other strategies. A Nash equilibrium exists when players respond optimally to one another. Those that dominate their market do something that others do not: they reduce their market share in order to increase their profit. By being the highest valuable supplier in your market segment, you may bypass the competition and build a micro-monopoly.
Country A's When B selects 10, A selects 20 since it provides a greater reward of 1600. When B selects 20, A selects 10 since it provides a bigger reward of 1100. Because A picks 20 in both circumstances, the dominating strategy is 20. Country B's When A selects 10, B selects 20 since it provides a bigger reward of 1600. When A selects 20, B selects 10 since it provides a bigger reward of 1100. In both situations, B selects 20, hence the prevailing strategy is 20. Because both A and B have a dominating strategy of 20, (Option A) is the correct answer while (B, C, and D) are incorrect.
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Ratios merely direct an analyst to potential areas of concern and it does not provide conclusive evidence as to the existence of a problem.a. Trueb. False
Ratios merely direct an analyst to potential areas of concern and it does not provide conclusive evidence as to the existence of a problem. This statement is true.
What serves as the primary goal of ratio analysis?In order to get insights into profitability, liquidity, operational effectiveness, and solvency, ratio analysis examines line-item data from a company's financial statements. Ratio analysis allows you to compare one firm to another within the same industry or sector and track how one company has changed over time.
A thorough ratio analysis can reveal patterns and help one identify problematic metrics. Such an examination won't, however, offer concrete proof that there is a problem.
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"Tips" published in leading commercial or financial publications are unlikely to lead to profitable trades because
A) only wealthy individuals can buy stocks in the volume necessary to take advantage of tips.
B) whatever is gained by trading on the basis of tips will be taxed away by the government.
C) the news will already be reflected in the market prices of the assets.
D) the news contained in the tips is usually inaccurate.
It's doubtful that "tips" found in reputable business or financial journals will result in trades that are profitable because? Ans. B) The government will tax anything obtained from trading using tips.
In terms of money, what do tips mean?A Treasury bond known as a Treasury Inflation-Protected Securities (TIPS) is indexed to an inflationary measure to shield investors from a decrease in the purchasing power of the money. The interest payment fluctuates with the modified principal of the bond whereas the principal price of TIPS increases as inflation does.
Can tips be a loss-maker?Deflation protection is consequently provided to investors who purchase new-issue TIPS, but not to those who purchase TIPS on the secondary market. When purchasing a TIPS with an existing If the CPI starts to fall after the adjustments have been made higher, you can potentially lose money.
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The value of a put option is negatively related to the ____. stock price and volatility of the underlying stock price. volatility of the underlying stock price. stock price. exercise price.
The cost of a placed choice is negatively associated with the exercise price.
The required details about exercise price is mentioned in below paragraph.
The exercise price is the charge at which an underlying safety may be bought or bought while buying and selling a name or placed choice, respectively. It is likewise known as the exercise price and is understood while an investor initiates the trade.One key feature of an choice agreement is the agreed upon charge, referred to as the strike charge or exercise price.
The exercise price is the predetermined charge at that you buy (withinside the case of a name) otherwise you sell (withinside the case of a placed) an underlying futures agreement while the choice is exercised.
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Suppose that B2B, Inc. has a capital structure of 35 percent equity, 16 percent preferred stock, and 49 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 14.0 percent, 10.0 percent, and 9.0 percent, respectively.
What is B2B’s WACC if the firm faces an average tax rate of 21 percent and can make full use of the interest tax shield?
Answer:
Cost of debt after tax = (9)(1 – tax rate)
= (9) (1 –0.21)
= 7.11%
WACC = Respective cost x Respective weight
= (0.35)(14) + (0.16)(10) +(0.49)(7.11)
= 9.9839%
= 9.98% (Approx.)
Explanation: Referred to the solution above
.
Example of taking responsibility and being accountable:
Example of the opposite of taking responsibility and being accountable:
Why does your employer want you to take responsibility and be accountable for your decisions and actions?
Why should you accept consequences?
Your employer want you to take responsibility and be accountable for your decisions and actions because It displays your professionalism, has the potential to further your career, fosters professional relationships among coworkers, and communicates to management that you are an important member of the team.
Accepting consequences enables you to move past your errors without being burdened by regret, guilt, or humiliation.
What do you mean by Responsibility?Being responsible entails carrying out your obligations and accepting the consequences of your decisions.
Every employee must take responsibility for their actions, behaviors, output, and decisions in the workplace. Additionally, it's associated with better levels of devotion to work and employee morale, both of which boost performance.
Therefore, Employer want you to take responsibility and be accountable for your decisions and actions because It displays your professionalism. Accepting consequences enables you to move past your errors without being burdened by regret, guilt, or humiliation.
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a performance measure that is often used to evaluate the expected outcome of a project or compare different projects. is the meaning of?
A performance measure is often used to evaluate the expected outcome of a project or compare different projects. is the meaning of ROI.
ROI on costs is a ratio between net income and investment. An excessive ROI means the investment's profits evaluate favorably to its cost. As an overall performance measure, ROI is used to evaluate the performance of an investment or to compare the efficiencies of numerous exceptional investments.
Return on investment (ROI) A calculation of the monetary price of an investment as opposed to its value. The ROI method is (earnings minus value) / value.return on funding (ROI) is an approximate measure of an investment's profitability. ROI is calculated with the aid of subtracting the initial value of the funding from its very last value, then dividing this new wide variety by using the price of the investment, and subsequently, multiplying it with the aid of one hundred.
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The more predictable policy decisions by the Federal Reserve are, the more effective they are in the long run.
For Long-term effectiveness of Federal Reserve policy decisions increases with predictability. The said statement is true.
What is Federal Reserve policy?The Federal Reserve core functions and communications to promote maximum employment, stable prices, and moderate long-term interest rates as the primary economic objectives which the Federal Bank to pursue & combining into the monetary policy in the United States. These monetary policies are known as Federal Reserve Policy.
The central bank regulates the credit flow in the economy and monitor the commercial banks lending terms & conditions.
Open market operations, the discount rate, and reserve requirements are all within the Federal Reserve's jurisdiction.
Thus very helpful in long run obejctive.
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calculate the amount of budgeted selling and administrative expenses for february. xing, inc. has prepared the operating budget for the first quarter of the yeqra. The company forecast sales of 40000 in january, 50000 in february, and 60000 in march. variable and fixed expenses are as follows
The amount Xing, Inc. budgeted for selling and administrative expenses for February is C. $35,700.
What are the selling and administrative expenses?The selling and administrative expenses include all the variable and fixed costs incurred for the following:
SalariesRentDepreciationPower costMiscellaneous expenses.To determine the total selling and administrative expenses, we first determine the total fixed costs per month and the variable costs.
The variable costs are a function of the budgeted sales for each month since a percentage of the sales have been identified as variable costs for power costs and miscellaneous expenses.
January February March
Budgeted sales $40,000 $50,000 $60,000
Variable costs:
Power cost $12,000 $15,000 $18,000
Miscellaneous 2,000 2,500 3,000
Total variable cost $14,000 $17,500 $21,000
Total fixed expenses per month = $18,200
Selling and administrative expenses for February = $35,700 ($17,500 + $18,200).
Thus, for February, Xing forecast to spend C. $35,700 on sales and administration, which may be more or less than the actual expenses for the month.
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Question Completion:Variable and fixed expenses are as follows:
Variable Expenses: Power cost (30% of sales)
Miscellaneous expenses: (5% of sales)
Fixed Expenses:
Salaries expense: $10,000 per month
Rent expense: $5,000 per month
Depreciation expense: $1,400 per month
Power cost/fixed portion: $800 per month
Miscellaneous expenses/fixed portion: $1,000 per month
Using the information above, calculate the amount of selling and administrative expenses for the month of February.
A. $32,200
B. $32,200
C. $35,700
D. $14,000
If investment increases by $15 billion and the economy’s MPC is 0.8 the aggregate demand curve will shift A.Leftward by $75 billion at school price level B .Leftward by $30 billion at each price level C. Rightward by $15 billion at each price level D. Rightward by $75 billion at each price level
B. Aggregate demand curve to shift leftward by $30 billion at each price level.
Aggregate demand curveThe entire amount of goods and services produced in the economy over time is represented by the aggregate demand curve. The relationship between the overall and the general level of pricing in the economy is depicted by the aggregate demand curve.
The aggregate demand curve will shift leftward when investment increases, as this will lead to a decrease in consumer spending. The amount of the shift is determined by the MPC, which in this case is 0.8. This means that for every $1 increase in investment, there will be an $0.80 decrease in consumer spending. Therefore, a $15 billion increase in investment will lead to a decrease in consumer spending of $12 billion ($15 billion x 0.8). This will cause the aggregate demand curve to shift leftward by $30 billion at each price level.
Given,
MPC = 0.8
The shift in the Aggregate Demand curve is equal to the increase in investment multiplied by the MPC.
Thus, the shift in the Aggregate Demand curve
= $15 billion × 0.8 = $12 billion
At each price level, the shift in the Aggregate Demand curve is equal to the shift in the Aggregate Demand curve multiplied by the price level.
Thus, the shift in the Aggregate Demand curve at each price level
= $12 billion × Price Level
Therefore, the shift in the Aggregate Demand curve at each price level
= $30 billion.
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If your audience is trying to decide between competing proposals, you should use a ________ pattern of organization
Utilize a comparative advantage pattern of organization if your audience is trying to choose between competing proposals.
What do you mean by pattern of organization?A method called the organizational pattern helps you structure and arrange your ideas, thoughts, voice, and presentation for maximum impact. Effective communication and logical organisation depend on a secure connection between the sender and the recipient.
To ensure that the stated aim is achieved, the organizational structure aids in making sense of the data. It gives the information presented focus and direction, making it easier for the recipient to grasp and retain it.
The speech is more organized thanks to the organizational structure. It is a formal procedure; therefore the key ideas must be pertinent to the subject at hand and be balanced in terms of their relative importance.
Because of the organizational structure, you can choose and develop your primary points, employ the rules of clarity, support your particular objective, and ask for the audience's reaction. In order to ensure that clarity prevails at all costs, it helps to avoid chaos and confusion.
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Social investing:
Group of answer choices
was more popular in the 1960s than it is today
has little impact on whether a company chooses to operate with social responsibility
is a type of corporate philanthropy
is the practice of limiting investments to companies that have ethical policies that match those of the investor
is another name for strategic giving
The correct answer is "the practice of limiting investments to companies that have ethical policies that match those of the investor".
Social investing is the practice of limiting investments to companies that have ethical policies that match those of the investor. In other words, investors only choose to invest in companies with values, practices, and products they deem to be socially responsible.
This could include companies that practice sustainability, invest in renewable energy, promote diversity, or use fair labor practices. Social investing has grown in popularity in recent years, and many investors today are looking for ways to use their money to make a positive impact on society.
Social investing is an effective way to put your money to work while also supporting causes and businesses that you believe in.
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In a bullseye chart, the amount by which actual unemployment and inflation differ from the Fed's target rates isA. Represented by the center of the red dotB. Found by drawing a triangle linking the center to two red dotsC. Found by looking at the position of the red dot relative to the centerD. Represented by the center of the bullseye
A represents the deviation between real unemployment and inflation rates and the Fed's goal rates in a bullseye chart. either the northwest or the southeast
What makes you ineligible for unemployment in California?
If the director determines that a person quit their most recent job willingly and without justification, or if they were fired for wrongdoing related to their most recent job, they are not eligible to receive unemployment benefits.
When should I submit an Arizona unemployment insurance claim?
You should apply for unemployment insurance (UI) benefits as soon as possible following your final day of employment since they are not retroactive. If you are still employed now,
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if managers want to boost a company's credit rating from B+ to A, then they need to take actions that will result in: A)A bigger ratio of net profits to sales revenues and a decline in the company dividend ratio B) A decline in the company default risk ratio and an increase in the companys ROE C) A higher current ratio and fewer days of inventory D) an increase in the company interest coverage ratio and a decline in the company debt to asset ratio E) bigger year end cash balances, annual increases in EPS of 5% or more, and annual dividend increases of .10 per share
An increase in the company interest coverage ratio and a decline in the company debt to asset ratio.
What is asset ratio?
By dividing a company's earnings after taxes by its total assets, one may get the return on total assets ratio. This profitability indicator enables you to assess how your business makes profits and how you stack up against your rivals.
The ratio of a company's sales or revenues to the value of its assets is known as the asset turnover ratio. It serves as a gauge of how effectively a business uses its resources to generate revenue. As a result, asset turnover ratio can be used to gauge a business' performance.
The interest coverage ratio: defined as annual operating profit divided by annual interest payments. An interest coverage ratio of 2.0 is considered “rock-bottom minimum” by credit analysts. A coverage ratio of 5.0 to 10.0 is considered much more satisfactory for companies
Hence, an increase in the company interest coverage ratio and a decline in the company debt to asset ratio will boost the company credit rating
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you are a pessimist and you model the state of the economy to be twice as likely to be bad as it is to be good.
Pessimism has an impact on the macroeconomy by causing families to reduce their current demand and businesses to post fewer job openings. Additionally, businesses have less motivation to drop prices despite declining consumer demand because of the concern of rising future expenses.
What is Pessimism?Pessimism is a negative mental attitude in which a negative result from a certain scenario is predicted. Pessimists frequently concentrate on the drawbacks of life in general. Pessimism has an impact on the macroeconomy by causing families to reduce their current demand and businesses to post fewer job openings. Additionally, businesses have less motivation to drop prices despite declining consumer demand because of the concern of rising future expenses. Being pessimistic refers to the tendency to anticipate or see the worst-case scenarios. A pessimist is someone who is frequently perceived as lacking in hope and joy and who exhibits doubt or distrust. Essentially, being pessimistic entails anticipating the worst in every circumstance.
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Which one of the following stocks is correctly priced if the risk-free rate of return is 3.4 percent and the market risk premium is 7.9 percent? Stock Beta Expected Return .A. 85 85.0%B 1.50 15.25 C 1.31 11.25 D 1.23 . 11.77E 95 8.65
B 1.50 15.25
1.50 15.25 is correctly priced if the risk-free rate of return is 3.4 percent and the market risk premium is 7.9 percent.
In economics, a marketplace is a composition of structures, establishments, processes, social family members or infrastructures wherein parties have interaction in trade. even as parties may additionally trade goods and services by using barter, most markets depend upon dealers imparting their items or offerings (such as labour power) to shoppers in change for cash. it may be stated that a marketplace is the system by means of which the prices of goods and services are installed. Markets facilitate exchange and enable the distribution and allocation of assets in a society.
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what is the swot of bench
Benchmarking, also known as dashboarding or scorecarding, is a monitoring mechanism for assessing advancement in the mission-critical areas determined by the SWOT analysis. The S.W.O.T. of bench analysis are given below:
What is the swot of bench?They are:
STRENGTHS
A strong sense of brand identity.Products are reasonably priced and of high quality.Specifically meet the demands of the target market.Strategic places are chosen for stores to be.Influential domestic and international backers.WEAKNESS
Products don't appeal to the market of higher social classes.has a few media advertisements, mostly on radio and TV.OPPORTUNITIES
bigger market shares in the followingCreate new items and enhance existing ones to target the market of upper class consumers.Boost your presence and internet presence. Expand your international business.Boost brand recognition and advertise in different media.Threats
Competitors also sell goods of the same caliber for less money.Keeping products current with the newest fashions.the price of increased marketing and advertising.Learn more about S.W.O.T. from
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if the economy is at point c and the price level increases by 100, then the real balances, interest-rate, and foreign purchases effects will .
If the price level rises by 100 and the economy is at point C, the effects of real balances, interest rates, and foreign purchases will cause the economy to shift to point A.
What exactly are foreign purchases?In order to buy commodities from abroad that have a comparative advantage over domestic products, foreign bidders are solicited. The goods acquired through foreign procurement methods constantly fluctuate as a result of the government's altering requirements.
The import trends have changed from low-tech goods that are hard to source in Korea to high-tech goods as a result of steady economic expansion and a more complicated industrial structure.
The continued expansion of the Korean economy is predicted to increase imports, which will undoubtedly raise foreign spending in the public sector. PPS is working to compile all the information needed for purchasing items from abroad into a database.
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Which of the following is NOT a characteristic of the mitigation strategy?
A risk study is a procedure for evaluating and working out the risks connected to a project. It is not a risk-reduction strategy.
What is Risk Mitigation?Risk mitigation in project management refers to the procedure and steps done by the company to lessen or regulate the effect of the risks connected to a project. In the stage of risk mitigation, a company can employ a number of different techniques.
As part of a risk mitigation approach known as risk assumption, the company insures the risk under the premise that it won't be disastrous. Risk avoidance is a risk mitigation tactic in which the company stays away from high-risk activities or initiatives. A risk mitigation method called risk limitation entails taking specific steps to limit or reduce the danger connected to a particular project or activity.
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the control system that addresses the assumptions that form the foundation of the organization is ____ control.
The control system that addresses the assumptions that form the foundation of the organization is informational control.
Informational controls: what are they?Information control, in its broadest sense, refers to a system where the control activities are implicit and indirect and the information provided to the controlled object takes the shape of an informative picture that it uses to formulate an ostensibly independent line of activity.
What advantages does information control offer?Improved efficiency – appropriate information at the appropriate time. Better performance and effectiveness thanks to appropriate knowledge and timing. persistent responsiveness and rivalry. increased innovation and creativity.
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