a data analyst starts a new project for the operations team at their company. they take a few hours at the beginning of the project to identify their stakeholders. which of the following people are most likely the secondary stakeholders? select all that apply.
Answers
The secondary stakeholders are likely individuals or groups who have an indirect or less immediate interest in the project.
Secondary stakeholders in a project are those who are not directly involved or affected by the project's outcomes but still have an interest or influence in its success. They may have indirect connections or dependencies with the project.
In this case, the primary stakeholders would be the ones directly involved in or impacted by the project, such as the operations team and the data analyst themselves. Secondary stakeholders, on the other hand, may include individuals or groups who are indirectly affected by the project or have a more peripheral interest in its outcomes.
The specific secondary stakeholders in this scenario would depend on the nature of the project and the company. Possible examples of secondary stakeholders could include executives or managers from other departments, external vendors or suppliers, customers or clients indirectly impacted by the project's results, or regulatory bodies monitoring the project's compliance.
Identifying secondary stakeholders is important as their interests and expectations should be considered throughout the project. By recognizing and engaging with secondary stakeholders, the data analyst can ensure a more comprehensive and successful project outcome.
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Related Questions
Which of the following characteristics of a professional business letter distinguishes it from a personal business letter?
Answers
Characteristics of a professional business letter distinguish it from a personal business letter is many professional business letters are printed on letterhead". Option (D) is correct.
What is Business letter?A business letter is a communication between two businesses, or between businesses and their clients, consumers, or other outside parties. The relationship between the parties affects the letter's overall style.
Formal letters address someone professionally, whereas informal letters do so in a more personal manner. This is the major distinction between formal and informal letters. In addition, professional letters must adhere to a particular format, whereas casual letters can use any format.
Therefore, Option (D) is correct.
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Your question is incomplete, the complete question is;
which of the following characteristics of a professional business letter distinguishes it from a personal business letter? a. professional business letters come from individuals writing on their own behalf. b. many personal business letters are printed on letterhead. c. personal business letters come from individuals representing a company. d. many professional business letters are printed on letterhead.
Assuming P > AVC, a firm would find it profitable to increase its production when:
Higher resource costs raise its marginal cost.
Its fixed costs fall.
Its marginal revenue exceeds its marginal cost AND its fixed costs fall.
Its marginal revenue exceeds its marginal cost.
New regulations reduce the market given price for the firm's product.
Answers
Assuming P > AVC, a firm would find it profitable to increase its production when its marginal revenue exceeds its marginal cost.
Under this assumption, if the firm's marginal revenue exceeds its marginal cost, it implies that the additional revenue generated from selling one more unit of output is greater than the additional cost incurred in producing that unit.
This suggests that the firm can increase its profits by producing and selling more units of output, as the extra revenue from each additional unit will exceed the extra cost incurred in producing it.
In a competitive market, where firms are price takers and face a horizontal demand curve, the marginal revenue is equal to the price of the product. Therefore, if P > AVC and MR > MC, it would be profitable for the firm to increase its production, as the extra revenue from selling additional units at the given price would exceed the extra cost of production.
This means that the firm is able to sell additional units of its product for a price that is higher than the cost of producing each additional unit. In addition, if the firm's fixed costs fall, this would further increase its profitability as it would reduce the overall cost of production.
On the other hand, if higher resource costs raise its marginal cost or new regulations reduce the market given price for the firm's product, the firm may find it less profitable or even unprofitable to increase its production.
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How does technology trends affect a pharmacy business?
Answers
Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
just say sum and ill give you alot of points⇒⇒⇒⇒
Answers
john recently took over as a new sdr for one of the fastest-growing tech companies in the world. he has inherited a list of accounts from a previous sdr who is no longer at the company. the accounts do not have significant information tied to them as the crm is very blank with not many notes to work off of. what should john's first steps be to get a better understanding into these accounts? (select all that apply)
Answers
John can gain a better understanding of the inherited accounts and be well-equipped to engage with them in a meaningful way.
To get a better understanding of the accounts inherited from the previous SDR, John should consider taking the following steps:
1. Review the CRM: Although the CRM may not have significant information, it is still important for John to review the existing data. This can provide some basic insights into the accounts, such as contact information, previous interactions, and any available notes.
2. Conduct Account Research: John should conduct additional research on the accounts to gather more information. This can involve searching online, visiting the company websites, and exploring social media profiles.
The goal is to gather relevant details about the accounts, their industry, challenges, and potential opportunities.
3. Reach out to Internal Stakeholders: John should communicate with internal stakeholders who have knowledge about the accounts. This can include sales managers, customer success teams, or other SDRs who may have interacted with the accounts in the past.
Their insights and experiences can provide valuable context and help John better understand the accounts.
4. Reach out to External Stakeholders: If possible, John can reach out directly to the contacts associated with the accounts.
By initiating conversations and asking open-ended questions, John can gather insights about the accounts, their needs, pain points, and potential opportunities.
5. Prioritize the Accounts: After gathering initial information, John should prioritize the accounts based on factors such as revenue potential, strategic importance, or any specific criteria set by the company. This will help him allocate his time and efforts effectively.
By following these steps, John can gain a better understanding of the inherited accounts and be well-equipped to engage with them in a meaningful way.
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Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answers
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
True or False:
Accounting is the process of identifying, measuring, recording, and communicating financial information about a company's business activities in order for decision-makers to make better informed decisions about the company.
Answers
The statement 'Accounting is the process of identifying, measuring, recording, and communicating financial information about a company's business activities in order for decision-makers to make better informed decisions about the company.' is true because by analyzing a company's financial statements, decision-makers can evaluate the company's financial health, performance, and potential for growth, and make decisions based on that analysis.
The purpose of accounting is to provide decision-makers, such as business owners, investors, and creditors, with the financial information they need to make informed decisions about the company.
Accounting is an important aspect of running a business, as it helps to ensure that a company is financially stable and able to make sound decisions.
For example, managers may use accounting information to evaluate the company's financial performance and make decisions about how to allocate resources.
Investors may use accounting information to decide whether to invest in a company or not. Creditors may use accounting information to assess the company's ability to repay loans.
Overall, accounting plays a critical role in the functioning of businesses and the economy as a whole.
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20 points!
Which sentence indicates that Brian has instituted a loyalty program?
(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.
Answers
Answer:
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Explanation:
A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Answer:
Offers free juice.....
Explanation:
correct on test
What is one reason that the importance of interpersonal relations in business is increasing?
Answers
One reason that the importance of interpersonal relations in business is increasing is due to the increasing importance of teamwork and collaboration.
The term "interpersonal relationship" refers to a close connection that exists between people who are employed at the same company. It is important for employees who work together to have a special connection in order for them to perform to the best of their abilities. In many modern businesses, success is dependent on the ability of teams to work effectively together. This requires strong interpersonal relations between team members, as it allows for better communication, problem-solving, and decision-making.
Additionally, strong interpersonal relations can also lead to increased job satisfaction and employee retention, which are important for the overall success of a business. Therefore, the ability to build and maintain strong interpersonal relations is becoming increasingly important in the business world.
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If an adjusting entry for unearned revenue is not recorded, what is the effect on the financial statements?
Answers
If an adjusting entry for unearned revenue is not recorded the effect of financial statement would be understatement of revenue and overstatement of liabilities.
An adjusting entry is the entry that is posted after the posting of journal entries, the entry is recorded to post or adjust the balances for current transactions.
Unearned revenue is the amount that is received as a prepayment but is not yet earned means the services or goods are not yet delivered. Prepayments are debited and unearned revenue is credited as a liability. The adjusting entry of unearned revenue appears when the goods or services are delivered to the customer. It may be partial or complete.
Therefore the adjusting entry is debit unearned revenue and credit revenue.
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Financial transaction or non-financial transaction?
Please help.
Answers
Answer:
1.Financial transaction
2.Financial transaction
3.non-financial transaction
4.non-financial transaction
5.Financial transaction
SONIC has issued an ordinary coupon bond, shown in Table 2 below:Bond V (Vanilla)Coupon Rate 5% per annumType of Coupons Annual (end of year)Years to Maturity 10Par Value $1,000Credit Rating AAAThe cost of debt capital is 8% per annum.a) Calculate the value of Bond Vb) Briefly explain what does a credit rating of AAA mean.
Answers
The value of Bon d V can be calculated using the formula for the present value of a bond. The annual coupon payment is $1,000 * 5% = $50. The number of periods is 10. The cost of debt capital is 8%.
By discounting the future cash flows, the value of Bond V can be determined. A credit rating of AAA indicates the highest level of creditworthiness assigned by credit rating agencies. It signifies that the issuer SONIC, in this case has a very low risk of defaulting on its debt obligations. AAA-rated bonds are considered to have the highest level of safety and are typically issued by financially strong and stable entities. Investors generally view AAA-rated bonds as low-risk investments, resulting in lower interest rates compared to bonds with lower credit ratings.
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7. what is similar about the dr and bc planning processes with respect to special documentation and equipment needs?
Answers
In the case of mobilisation, they may be expected to respond in a manner akin to the dr and bc planning procedures in terms of any special documentation and equipment requirements.
A collection of procedures and methods known as "business continuity and disaster recovery" (BCDR or "BC/DR") is used to assist an organisation in recovering from a disaster and continuing or resuming normal business activities. In the wake of a disaster, it is a broad word that combines the tasks and responsibilities of business and IT. The BCP senior management committee is in charge of the BCP's supervision, inception, planning, approval, testing, and audit.
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Violation of which assumption below for the two-factor ANVOA is not a cause for concern with large sample sizes? a. The populations from which the samples are selected must have equal variances. b. A violation of any assumption below would be a concern, even with large sample sizes. c. The observations within each sample must be independent. d. The populations from which the samples are selected must be normal.
Answers
A violation of the assumption that "the populations from which the samples are selected must have equal variances" is not a cause for concern with large sample sizes in the case of a two-factor ANOVA. Option A is answer.
In a two-factor ANOVA (analysis of variance), there are several assumptions that need to be met for valid statistical inference. One of these assumptions is that the populations from which the samples are selected must have equal variances. However, with large sample sizes, this assumption becomes less critical. As sample sizes increase, the estimate of the population variances becomes more accurate, reducing the impact of any violation of the equal variances assumption.
Option A, violation of the assumption that the populations must have equal variances, is the correct answer. While this assumption is important for smaller sample sizes, it becomes less problematic with large sample sizes due to the increased precision of the estimates. However, it is important to note that other assumptions, such as independence of observations and normality of populations, still need to be considered even with large sample sizes.
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In terms of commonly traded organizational currencies, providing friendship, giving emotional backing, and listening to others' concerns and issues are examples of _______-related currencies.
Answers
In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of e. Position-related -related currencies.
Foreign money is a kind of money and medium of change. Currency consists of paper, cotton, or polymer banknotes and metal coins. States generally have a monopoly on the issuing of forex, although some states have percentage currencies with different states.
Kuwaiti Dinar is ranked the top maximum currency in the world in 2022. it is also taken into consideration the best and most powerful inside the world today. Kuwait is a rustic recognized for its first-rate exploits in the oil enterprise. It has a globally solid economic system.
Appearance up foreign money in Wiktionary, the unfastened dictionary. A currency is the standardization of money in any shape, in use, or circulates as a medium of alternate, for example, banknotes and coins.
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In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of p[tion(e) i.e, Position-related -related currencies.
A form of currency and a means of exchange is foreign money. Paper, cotton, or polymer banknotes and metal coins make up the money. Although some states have percentage currencies with other states, states typically have a monopoly on the issuance of foreign exchange.
In 2022, the Kuwaiti dinar is predicted to be the most valuable currency in the world. It is also regarded as the best and most powerful in the modern world. Kuwait is a nation renowned for its outstanding achievements in the oil industry. It has a sound economic structure worldwide.
A currency is the uniformization of money in any form that is in circulation or is used as an alternative means of exchange, such as banknotes and coins.
The complete question is:
In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of ______-related currencies.
a. Relationship
b. Personal
c. Inspiration
d. Task
e. Position
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What is an asset in accounting?
A. Anything a company owns, including cash
B. Anything a company owns, minus liabilities
C. Anything a company owns, except cash
D. Anything a company owes to another business or individual
Answers
Answer:
A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.
Explanation:
Answer:
A. Anything a company owns, including cash
Hope this helps :)
information economic question :
Does
the Internet make cascade more or less likely?
(200
words)
Answers
The Internet has the potential to affect information cascades, but its impact can be complex and context-dependent. An information cascade occurs when individuals make decisions based on the actions of others rather than their own private information. It typically involves a sequential decision-making process where individuals observe the choices of those who acted before them and often follow suit, even if their own information suggests a different choice.
On one hand, the Internet can facilitate the spread of information and diverse perspectives, which has the potential to reduce the occurrence of information cascades. With increased access to information, individuals have a greater chance of making decisions based on a wider range of inputs. They can seek out alternative viewpoints, engage in online discussions, and gather more diverse opinions before reaching a conclusion. This increased information flow can break the chain of conformity and reduce the likelihood of cascades.
However, the Internet also introduces new challenges to the dynamics of information cascades. Online platforms and social media can amplify the influence of certain information and create echo chambers where like-minded individuals reinforce each other's beliefs. Algorithms and recommendation systems can personalize content, limiting exposure to dissenting views and potentially reinforcing the tendency to follow the crowd.
Moreover, the speed and virality of information dissemination on the Internet can lead to rapid and large-scale cascades. Misinformation, rumors, and sensationalized content can spread quickly, influencing individuals' decisions without proper scrutiny of the underlying facts. The potential for misinformation to go viral and drive cascades poses challenges to accurate decision-making.
Therefore, whether the Internet makes cascades more or less likely depends on various factors, including the accessibility and diversity of information, the design of online platforms, and individuals' information-seeking behaviors. It is crucial to promote critical thinking, media literacy, and the availability of diverse perspectives to harness the positive potential of the Internet while mitigating the risks associated with information cascades.
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If you can afford it, why is it a great idea to pay MORE than your amortized payment on a car, home, or other loan? Select all that apply.
Answers
Paying more than your amortized payment on a car, home, or other loan can be a great idea for several reasons.
What are those reasons?
1. Reduced interest costs: By making extra payments, you decrease the principal balance faster, which reduces the total interest you pay over the life of the loan.
2. Shorter loan term: Paying more than the amortized payment allows you to pay off the loan faster, reducing the overall term of the loan.
3. Increased equity: For assets like a home, making extra payments helps build equity more quickly, which can be beneficial for refinancing or selling the property in the future.
4. Improved credit score: Paying down loan balances faster can positively impact your credit score, as it lowers your credit utilization ratio. If you can afford to make extra payments on your loan, these benefits make it an excellent financial strategy.
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Develop an integrated strategic recommendation for Henkel that would logically flow from your analyses. Your recommendation should:
- Be strategic (i.e. require a substantial commitment of resources and impact multiple value chain activities).
- Be associated with a specific business-level and/or corporate level strategy discussed in this course (identify the type of business or corporate level strategy).
-Articulate the associated benefits of your recommended strategy (e.g., value creation along the value chain for business-level strategies, economies of scope and/or scale for corporate level strategies).
- Identify which mode (build, buy or partner) you think will be most beneficial to implement your recommended strategy and explain the advantages of the mode you choose.
- Fully consider ethical/social and global implications.
Answers
By adopting a business-level strategy of product differentiation, combined with a corporate-level strategy of vertical integration through partnerships, Henkel can position itself as an industry leader in delivering innovative, sustainable, and high-quality products. This strategic approach will drive value creation along the value chain, capitalize on economies of scale and scope, and contribute to Henkel's long-term success while considering ethical, social, and global implications.
Integrated Strategic Recommendation for Henkel:
Business-Level Strategy: Product Differentiation
Henkel should focus on developing innovative and eco-friendly product offerings across its diverse portfolio of consumer and industrial products. By differentiating its products through unique features, sustainability, and superior quality, Henkel can create value along the value chain. This strategy will enable Henkel to command premium prices, build brand loyalty, and gain a competitive edge in the market.
Benefits: Product differentiation will allow Henkel to capture higher margins, increase market share, and establish a strong customer base. By delivering innovative and sustainable solutions, Henkel can enhance customer satisfaction and generate long-term value for its stakeholders.
Corporate-Level Strategy: Vertical Integration
Henkel should pursue vertical integration by acquiring key suppliers or establishing partnerships to control critical stages of the value chain. This would involve owning or controlling raw material suppliers, manufacturing facilities, and distribution networks. Vertical integration will provide Henkel with greater control over quality, cost, and supply chain efficiency.
Benefits: Vertical integration can result in economies of scale, cost savings, and enhanced supply chain coordination. It will allow Henkel to streamline operations, reduce dependencies, ensure reliable access to resources, and increase responsiveness to market demands.
Mode of Implementation: Partnership
A partnership-based approach would be most beneficial for implementing the recommended strategy. Henkel should establish strategic collaborations with suppliers, technology providers, and sustainability-focused organizations. This mode offers several advantages, including access to specialized expertise, shared resources, reduced investment risks, and accelerated innovation.
Benefits: Partnerships enable Henkel to tap into external capabilities and knowledge, accelerating the development and adoption of innovative and sustainable solutions. Collaborations can also enhance Henkel's reputation, foster industry leadership, and open up new market opportunities.
Ethical/Social and Global Implications
Henkel should ensure its product differentiation strategy aligns with ethical and social considerations by prioritizing sustainability, responsible sourcing, and transparency in its supply chain. By incorporating environmentally-friendly practices, supporting local communities, and promoting fair trade, Henkel can enhance its reputation, attract socially-conscious consumers, and contribute positively to society. Additionally, Henkel should adopt a global mindset, considering regional differences and tailoring its strategies to meet diverse market needs while adhering to local regulations and cultural sensitivities.
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salaries and wages payable is credited for the gross earnings of the company’s employees. true false
Answers
False.Salaries and wages payable is not credited for the gross earnings of the company's employees.
Instead, it is credited when the company accrues the unpaid salaries and wages owed to employees at the end of an accounting period. The amount credited would represent the accrued liability for unpaid salaries and wages. The gross earnings of employees would typically be recorded as an expense in an account such as "Salaries and Wages Expense" or similar.
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Use your observations of the fossil, landform, and ocean floor data to support
your model. Explain how each observation supports your model
Answers
However, in a general context, observations of fossil data can provide insights into past biological and environmental conditions. Fossils can reveal information about ancient organisms, their distribution, and their adaptations to specific environments. By studying fossils, scientists can make inferences about past climates, landforms, and ocean conditions.
Similarly, landform data such as topographic maps, satellite imagery, and geological surveys can help in understanding the physical characteristics of the Earth's surface. These data sources provide information about the elevation, slope, and composition of different landforms. By analyzing landform data, scientists can identify patterns, processes, and the history of landscape formation.
Ocean floor data, including bathymetric maps and seafloor sediment samples, contribute to our understanding of the underwater topography and geology. These data help identify oceanic features such as trenches, ridges, and seamounts. They also provide insights into plate tectonics, the distribution of marine life, and the history of oceanic processes.
In summary, by combining observations from fossil, landform, and ocean floor data, scientists can develop models and theories about Earth's history, geological processes, and environmental changes. These data sources serve as valuable tools for understanding the Earth's past and present conditions.
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With at least one cited source, What are the accounting policies
in China?
Answers
Accounting policies in China are primarily governed by the Accounting Standards for Business Enterprises (ASBE) issued by the Ministry of Finance.
These standards provide guidelines for financial reporting and disclosure requirements for various entities in China. Additionally, Chinese companies listed on stock exchanges may also need to comply with International Financial Reporting Standards (IFRS) or China's Generally Accepted Accounting Principles (GAAP).
The accounting policies in China are regulated by the Ministry of Finance, which issues the ASBE. These standards outline the principles and guidelines for preparing and presenting financial statements, including recognition, measurement, presentation, and disclosure requirements. The ASBE is applicable to various types of entities, including large enterprises, small and medium-sized enterprises, and non-profit organizations.
Chinese companies listed on stock exchanges may also need to comply with IFRS or China's GAAP, which align with international accounting standards. In recent years, China has been moving towards convergence with IFRS to enhance transparency and comparability of financial reporting for global investors.
It's important to note that accounting policies may vary based on the specific industry, size of the company, and regulatory requirements. Companies operating in China should consult the relevant authorities and seek professional advice to ensure compliance with applicable accounting standards.
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your formal report should be organized based on . group of answer choices the depth of information in your report. the audience. the number of sections in your report.
Answers
When you write a formal report, you should organize it based on the audience. This is the most critical factor to consider when writing a formal report.
Audience- When creating a formal report, it is essential to ensure that the report is well-structured and well-organized. This helps to ensure that the audience can quickly and easily understand the content of the report.Depth of Information- In addition to the audience, the depth of information in your report should also be considered. A formal report should include in-depth information on the subject matter. The information should be clear, concise, and easy to understand. The report should also be structured in a way that makes it easy to read and follow.Sections- To ensure that your report is well-organized and easy to understand, it is essential to divide the content into sections. Each section should cover a specific topic or sub-topic related to the subject matter. The sections should be clearly labeled and numbered to make it easy for the audience to find the information they need. This helps to ensure that the audience can easily navigate the report and find the information they need.In summary, when writing a formal report, you should organize it based on the audience, the depth of information, and the number of sections in the report.
If people refused to use banks to create checkable deposits, the banking system would:___.
Answers
If people refused to use banks to create checkable deposits, the banking system would not be able to create new money.
Checkable deposits include all accounts on which checks can be drawn. These deposits allow the owner of bank account to write checks to third parties. Also, they are very liquid assets that allow depositors to have an easy access to their funds.
For these reason, checkable deposits generally are important but also one of the lowest-cost source of bank funds, covering a large share of bank liabilities. Thus, banks create money by lending excess reserves to consumers and businesses.
Hence, if people refused to use banks to create checkable deposits, the money multiplier decreases.
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Nora wants to participate in an unpaid internship at an accounting firm this summer. Her parents want her to get a job bagging groceries at a local store.
Why would Nora MOST likely prefer an unpaid internship opportunity to a paying job?
A. Nora wants to graduate from college earlier than her peers.
B. Nora wants to engage in experiential learning in business.
C. Nora wants to practice writing her resume and cover emails.
D. Nora wants to learn about not-for-profit businesses.
Answers
Answer: B
Explanation: Nora, I believe, wants to engage in business experiential learning because she would not pass up a paying opportunity for no reason. Furthermore, the benefits of unpaid internships, such as beginning to build your professional network, developing skills, and receiving valuable feedback from professionals, can help predict whether she will enjoy her future profession and help her in a variety of ways.
In my perspective, Nora desires to take part in the business experiential education.
How would you define business?A person is conducting business when they create goods or offer services with the goal of making a profit. Business Definition. A enterprise is a creative organization or team that partakes in professions. They might be professional, corporate, or any other type else.
What is an example of a business?An economic institution known as a business produces and/or distributes goods and services with the goal of making money and accumulating wealth. Whatever the type of business entity, such as a sole proprietorship, a Hindu undivided household, or a limited partnership.
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The invisible hand refers to the:__________
a) fact that the U. S. Tax system redistributes income from rich to poor.
b) notion that, under competition, decisions motivated by self-interest promote the social interest.
c) tendency of monopolistic sellers to raise prices above competitive levels.
d) fact that government controls the functioning of the market system
Answers
The idea that self-interested actions advance societal interest under competition is known as the "invisible hand." Smith referred to this as the "invisible hand."
What exactly is a business example interest?Protecting an employer's trade secrets or sensitive information, a company's reputation, and potential or existing clients are a few examples of legitimate commercial interests. Protecting an employee from public competition is one thing that doesn't constitute a valid business interest.
Why does interest matter in business?In a market economy, interest fulfils a number of important roles. The most prominent example of this coordination between savers and borrowers is when borrowers are compelled to pay interest so as to loan additional money in order to increase their current spending.
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80% of people starting a business use their own personal savings. What is the advantage to this strategy versus using bank loans and credit cards? A. You control how the money is spent B. You will not pay interest on the capital. C. You do not have any risk of losing your money.
Answers
An advantage of using personal savings instead of bank loans and credit cards is you will not pay interest on the capital. (option B)
What is personal savings?Personal savings is the wealth that a person has accumulated over a period of time. When a person uses his personal savings to start a business, the person would not have to pay interest on the money used in the business because the funds used belongs to the person.
Banks loans and credit cards are subject to interest payment over the duration of the loan. Interest would increase the cost of starting the business. Funds that are gotten either from bank loans or personal savings can be lost if the business is not successful. Also, three is an opportunity cost associated in using the funds for starting a business. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
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Is the following an example of a Temporary or Permanent Account?Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000.
Answers
Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000. This is an example of permanent account.
The balances that accumulate over time are recorded in permanent accounts. Records of sales is an illustration of super durable records. Assets, liabilities, equity, accounts payable, inventory, and investments are additional examples of permanent accounts.
An account whose balance does not reset to zero at the end of the accounting period is called a permanent account, also known as a real account. Instead, the balance stays the same throughout each accounting period. Asset, equity, and liability accounts are the most common types of permanent accounts.
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what can occur for project activities on a critical path that include slack time? more than one answer may be selected.
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b) 'They can be completed after the project end date' and d) 'They need to be completed before other activities on the critical path' can occur for project activities on a critical path that include slack time.
Activities on the critical path are the ones that directly impact the project's overall duration. Slack time refers to the amount of time an activity can be delayed without causing a delay to the project's completion date. If an activity on the critical path has slack time, it means that it has flexibility in its schedule.
Given the nature of activities on the critical path and their impact on the project timeline, the following scenarios can occur for project activities with slack time:
b) They can be completed after the project end date: Activities with slack time can be delayed without affecting the project's completion date. This flexibility allows for adjusting the schedule to account for unforeseen delays or resource constraints.
d) They need to be completed before other activities on the critical path: While activities on the critical path have slack time, they still need to be completed before subsequent activities can begin. The critical path represents the longest sequence of dependent activities that determines the project's minimum duration. Completing activities on the critical path is crucial to maintain the project's timeline.
Regarding the other options:
a) They can be allocated fewer resources: This statement is not necessarily true. Activities on the critical path usually require sufficient resources to be completed within the planned time. Reducing resources may impact their timely completion and potentially affect the project's overall schedule.
c) They can be deemed a lower quality: Slack time does not necessarily imply lower quality for activities on the critical path. Quality standards should be maintained irrespective of the availability of slack time. The focus is on meeting the project's objectives and timeline while delivering the expected level of quality.
Hence, the correct answers are b) 'They can be completed after the project end date' and d) 'They need to be completed before other activities on the critical path'.
Correct Question :
What can occur for project activities on a critical path that include slack time?
More than one answer may be selected.
a) They can be allocated fewer resources.
b) They can be completed after the project end date.
c) They can be deemed a lower quality.
d) They need to be completed before other activities on the critical path.
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Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities all investments plus the money in the bank all investments plus the money in the bank minus debt total assets
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Answer:
Assets minus the total value of liabilities
Consumer wealth is defined as the total value of assets minus the total value of liabilities. Thus, the statement "assets minus the total value of liabilities" is the correct statement.
What is the wealth effect?According to the wealth effect, a behavioral economic hypothesis, people spend more money as the value of their possessions increases. Consumers are supposed to feel more financially secure and wealthy as the value of their houses or investment portfolios rises. Even if their income and fixed costs remain the same as before, they are made to feel wealthier.
The wealth effect captures the psychological impact of growing asset prices, such as those that take place during a bull market, on consumer purchasing patterns. The idea focuses on how significant rises in the value of investment portfolios boost consumers' emotions of security, sometimes known as their level of confidence. Increased confidence results in more spending and lower saving rates.
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