A dominant strategy is a choice that yields the best result for a player regardless of the strategies chosen by others, making it a powerful concept in analyzing strategic decision-making in game theory.
A "Dominant Strategy" is a strategy that gives the best result regardless of what strategy the other party chooses. It is a concept in game theory where each player selects the option that maximizes their own payoff, regardless of the actions taken by the other player.
In a game with dominant strategies, each player has a clear choice that guarantees the best possible outcome for them, regardless of the decisions made by the opponent.
This means that the player does not need to consider the opponent's strategy when making their own decision.
For example, in a simplified game of "Prisoner's Dilemma," if one player has a dominant strategy to confess regardless of what the other player does, it means that player will always choose to confess for their own benefit, irrespective of the other player's choice. This guarantees the best possible outcome for that player.
It is important to note that the concept of a dominant strategy assumes rationality and complete information on the part of the players. However, in some situations, there may not be a dominant strategy, and players need to consider the strategies of others to make optimal decisions.
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Which parts of the risk management process use the project scope statement as an input?
The risk management process utilizes the project scope statement as an input for various stages. The project scope statement plays a crucial role in identifying, assessing, and managing risks throughout the project lifecycle.
The project scope statement serves as a foundational document that outlines the project's objectives, deliverables, boundaries, and constraints. It provides a clear understanding of the project's scope and serves as a reference for risk management activities.
During risk identification, the project scope statement helps in identifying potential risks by providing information about the project's goals, requirements, and stakeholders. It helps project teams identify risks related to the project's scope and potential impacts on project outcomes.
In risk assessment, the project scope statement aids in evaluating the significance and potential severity of identified risks. By understanding the project's scope, the team can assess the potential impact of risks on project objectives, timelines, and resources.
In risk response planning, the project scope statement assists in developing appropriate strategies to address identified risks. It provides insights into the project's boundaries and constraints, enabling teams to devise mitigation, contingency, or acceptance plans based on the project's scope.
In summary, the project scope statement is utilized in various parts of the risk management process, including risk identification, assessment, and response planning. It provides essential information to identify, assess, and manage risks effectively, ensuring that project teams are aware of potential risks and can take appropriate measures to mitigate or address them.
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In 2020, Ada lived with her son, Robert, and his wife, Barbara. Ada’s only source of income was a $1,500 fully taxable pension, which she spent on clothes and recreation. Robert and Barbara paid Ada’s medical and drug expenses of $600 for the year. Robert and Barbara’s total food expense for the household was $6,000. The fair rental value of the lodging provided Ada was $1,200 for the year, based on the cost of similar room facilities. What was Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent?
Answer:
$5,300
Explanation:
Calculation to determine Ada’s total support for the year
Medical and drug expenses $600
Add Lodging $1,200
Add household total food expense $2,000
($6,000/3 Ada+Robert+Barbara)
Add Source of income $1,500
Total support $5,300
($600+$1,200+$2,000+$1,500)
Therefore what Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent will be is $5,300
Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Cash is $9,900 The starting balance of Inventory is $3,800 The starting balance of Retained Earnings is $21,400 Date Accounts and Explanation Debit Credit Mar 9 Retained Earnings 3 Cash 3 Consumed good or service and paid expense with cash Mar 10 Cash 40 Inventory 32 Retained Earnings 8 Sold and delivered product to customer Mar 11 Cash 25 Retained Earnings 25 Sold, delivered, and received payment for service with no clear associated cost What is the final amount in Retained Earnings
The final amount in Retained Earnings is $21,430. Delivered, and received payment for service with no clear associated cost.
Cash Account
Date Amount Date Amount
Beginning balance $9,900.00 9-Mar $3.00
10-Mar $40.00
11-Mar $25.00 Ending Balance $9,962.00
Total $9,965.00 Total $9,965.00
Inventory Account
Date Amount Date Amount
Beginning balance $3,800.00 10-Mar $32.00
Ending Balance $3,768.00
Total $3,800.00 Total $3,800.00
Retained Earnings
Date Amount Date Amount
9-Mar $3.00 Beginning balance $21,400.00
10-Mar $8.00
Ending Balance $21,430.00 11-Mar $25.00
Total $21,433.00 Total $21,433.00
Final Amount in retained earnings = $21,430
Stock accounting is the body of accounting that offers to value and accounting for adjustments in inventoried assets. An organization's inventory commonly includes goods in three degrees of manufacturing: raw items, in-progress items, and completed goods that can be prepared for sale.
Stock refers to all the objects, goods, merchandise, and substances held via a business for selling in the marketplace to earn an income. example: If a newspaper supplier uses a vehicle to supply newspapers to the customers, handiest the newspaper can be considered stock. The automobile could be handled as an asset.
Inventory is a modern-day asset account determined on the balance sheet, which includes all raw substances, paintings-in-development, and finished items that an agency has collected.
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Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-governmental. I. Better Business Bureau II. Consumer Product Safety Commission III. Consumers Union IV. Food and Drug Administration a. I and II are governmental; III and IV are not. b. II and III are governmental; I and IV are not. c. II and IV are governmental; I and III are not. d. III and IV are governmental; I and II are not. Please select the best answer from the choices provided A B C D
Answer:
c. II and IV are governmental; I and III are not.
Explanation:
A government agency is usually a permanent organization established by either a state or national government in a federal system. They are established by legislative or executive powers for oversight and administration of specific functions. Examples of government agencies are Food and Drugs Administration (FDA), Consumer Product Safety Commission, Intelligence, Finance and Communications agency.
Non-governmental agency usually referred to as NGOs is a non-profit.
Of the four consumer protection groups listed above, Consumer Product Safety Commission and Food and Drug Administration are governmental; Better Business Bureau and Consumers Union are not.
Answer:
the answer is C
II and IV are governmental; I and III are not.
Explanation:i took the test
Which of the following might issue a bond?
A. A small business
B. The state of Nebraska
C. An investment firm
D. The IBM corporation
Answer:
The state of Nebraska
Explanation:
The state of Nebraska might issue a bond. The correct option is b.
What is a bond?A bond refers to a fixed-income instrument that represents a loan made by an investor to a borrower generally in corporate or governmental. A bond could be thought of as an I.O.U. between the lender and borrower which includes the details of the loan and its payments. Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debtholders, or creditors, of the issuer.
Bond details include the end date when the principal of the loan is due to be paid to the bond owner and usually include the terms for variable or fixed interest payments made by the borrower. Bond prices are inversely correlated with interest rates and when rates go up, bond prices fall and vice-versa.
Bonds have maturity dates at which point the principal amount must be paid back in full or risk default.
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31)Private property and competition between businesses are common in
economies that are
(Help me plss)
A)socialist
B)communist
C)capitalist
Answer:
C)capitalist
Explanation:
Market economies and mixed economies can be described as capitalist economies. In capitalist economies, private individuals and firms own the factors of production or capital goods. The private sector produces goods and services consumed in the economy. The motive for producing the goods is the private sector's self-interest or profits.
The free enterprise market is the purest form of a capitalist economy. Capitalist economies contrast with socialists economies where ownership of capital goods is in the government's hands.
About how many lightbulbs does it take to cover a three story building in light?
Answer:
Explanation:
About 40
If you use your ATM card, you should write the transaction in your check register.
True or false
Answer:
true
Explanation:
According to FoolProof and most consumer groups credit cards have a huge
and usually bad impact on a young person's ability to budget and save. Tell us
which statements about credit cards are correct.
1. Every time you use your credit card you are borrowing money from a
stranger.
2. My credit card company says I can owe up to $1,000 on my credit card.
Therefore as long as I pay off my bill in full every month, the maximum I
should charge on my credit card is $800.
3. Many credit card companies charge a "teaser" rate to get you to take their
card and then raise that rate later.
4. According to FoolProof, and many other consumer groups, some credit
cards designed for young people are the worst credit card's you could ever
get.
5. Credit card companies charge you interest any time you charge a
True statements include Using a credit card entails taking out a loan from the business. Teaser rates might go up. Some young people's credit cards have low limits and exorbitant fees. On unpaid debt, interest is applied.
Which two of the following statements accurately define financial credit?Credit comes in the form of loans and credit cards. Lenders, companies, and future employers use financial credit to assess a person's reliability.
Which of the following points ought to be taken into account while creating a spend plan?A spending plan should account for all of your income, expenses, and savings contributions. Unexpected expenses like family vacations should be included in a spending plan in addition to normal monthly expenditures like rent and bills.
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After Jeffrey Immelt, CEO, restructured the company in 2009 with the goal of achieving "reliable and sustainable future growth", by 2018, the company continued to lose money. According to the case, the cause for the underperformance was:
a. the economy had shifted, causing businesses to lose market share
b. new competitors had entered the market, challenging many of the units
c. Immelt used too much of the company's cash for acquisitions
d. moral in the company was too low
e. Immelt had overpaid for new assets and sold others for too little
After Jeffrey Immelt took over as CEO of General Electric (GE), he restructured the company in 2009 with the aim of achieving reliable and sustainable future growth. However, by 2018, the company continued to lose money, and according to the case, the reason for this underperformance was mainly due to Immelt's strategic decisions. Option c.
One of the primary reasons for GE's underperformance was that Immelt used too much of the company's cash for acquisitions. He made a series of acquisitions, including Alstom's energy business for $10.6 billion and Baker Hughes for $32 billion, which did not yield the expected returns. Additionally, Immelt overpaid for these assets, which resulted in the company's huge debts.
Furthermore, Immelt sold some of the company's assets for too little, which further added to the losses. For instance, GE sold its plastics business to Saudi Basic Industries Corporation (SABIC) for $11.6 billion, which was lower than what the company had initially expected. The company also sold its iconic light bulb business, which was not a profitable decision.
In summary, Immelt's strategic decisions, such as using too much of the company's cash for acquisitions, overpaying for new assets, and selling others for too little, contributed to GE's continued underperformance.Option c.
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Which of the two following businesses would benefit from using Wi-Fi only tablets rather than spending the extra money for cellular-enabled tablets?
The two businesses in question are not provided in the prompt. Therefore, it is not possible to determine which business would benefit more from using Wi-Fi only tablets.
However, in general, businesses that operate primarily within the confines of a location with a reliable Wi-Fi network, such as an office or retail store, may benefit from using Wi-Fi only tablets. This is because they do not require a cellular connection and the added expense of a data plan.
On the other hand, businesses that require mobile connectivity and operate outside of areas with reliable Wi-Fi coverage may require cellular-enabled tablets to ensure reliable access to data and information while on the go.
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A manufacturing company has sensors that record time-relative data. Only the most recent data is useful. The company wants the lowest cost storage for this data. What is the best storage account for the company
Answer:local
Explanation:
fdfdfdf
The best storage account for the company is LRS Because it's the lowest cost , and the data is continuously created .
What is LRS account storage?In a single primary region data center, locally redundant storage (LRS) duplicates your storage account three time Over the course of a year, LRS guarantees object durability of at least 99.999999999%
Compared to other redundancy alternatives, LRS is the durable and has the lowest cost.
Locally redundant storage (LRS) synchronizes data replication across three disks in a primary region data center. offers a reasonable price and a moderate amount of availability.
Data is synchronously replicated among three Azure availability zones in the main region using zone-redundant storage (ZRS). at a higher price, offers a better level of resistance.
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Match the tasis with the professionals who do them
Calculate the weight
and volume of cargo.
Negotiate contracts
with suppliers
Track shipments to
make sure that they
arrive on time.
File paperwork according
to a filing system in the
office.
Type data into software to
be used by the company.
Attend conferences and
trade shows to find new
products
Purchasing Agents
Office Clerk
Freight Forwarder
Answer:
Purchasing Agent:
-Attend Conferences and trade shows to find new products
-Negotiate contracts with suppliers
Office Clerk:
-File paperwork according to a filing system in the office
-Type data into software to be used by the company
Freight Forwarder:
-Calculate the weight and volume of cargo
-Track shipments to make sure that they arrive on time
Explanation: I took the test.
Answer:
Answer:
Purchasing Agent:
-Attend Conferences and trade shows to find new products
-Negotiate contracts with suppliers
Office Clerk:
-File paperwork according to a filing system in the office
-Type data into software to be used by the company
Freight Forwarder:
-Calculate the weight and volume of cargo
-Track shipments to make sure that they arrive on time
Explanation: I took the test.
Explanation:
Im taking the test rn
In which situation may completion of an approved refresher course or 120 hours of continuing education most likely be required
A practicing nurse who allowed her license to lapse about 7 years ago because of family raising may be required to complete an approved refresher course or 120 hours of continuing education.
A nurse can opt to let their medical license lapse if they want to raise a family since they need to give a full attention.
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What tool or techniquecan hotles to predict or estimate its future utility costs
Hotels can use forecasting models and data analysis techniques to predict or estimate future utility costs.
Hotels can employ various tools and techniques to predict or estimate their future utility costs. By analyzing historical data and considering factors that influence utility expenses, hotels can make informed projections for their future utility costs. The following are some common tools and techniques that hotels can utilize:
1. Historical Data Analysis: Hotels can analyze their past utility costs by examining utility bills and consumption data. By identifying patterns and trends in utility expenses over time, hotels can make reasonable assumptions about future costs.
2. Regression Analysis: Regression analysis is a statistical technique that allows hotels to analyze the relationship between utility costs and relevant variables such as occupancy rates, weather conditions, or number of guests. By applying regression models to historical data, hotels can estimate future utility costs based on the values of these variables.
3. Benchmarking: Hotels can compare their utility costs with industry benchmarks or similar properties to gain insights into their cost performance. Benchmarking helps identify areas where hotels can improve energy efficiency and reduce utility expenses in the future.
4. Energy Audits: Conducting energy audits can provide hotels with detailed information about their energy consumption patterns and identify potential areas for energy-saving measures. Energy audits can be performed by qualified professionals who assess the hotel's energy systems, equipment, and operational practices.
5. Technology Solutions: Hotels can utilize energy management systems or software tools that track and monitor energy usage in real-time. These tools can provide data analytics and reports, helping hotels identify energy-saving opportunities and forecast future utility costs.
6. Collaboration with Utility Providers: Hotels can work closely with their utility providers to understand tariff structures, pricing trends, and any upcoming changes that may impact utility costs. Regular communication and collaboration can help hotels make more accurate predictions and plan accordingly.
By utilizing these tools and techniques, hotels can make informed decisions and develop strategies to manage and forecast their future utility costs effectively. This enables them to optimize their operational efficiency, control expenses, and enhance their financial performance.
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ad hominem
red herring
false dilemma
false analogy
Excerpt
Logical
Fallacy
Our current mayor has been in politics for over 25 years. It is time
that we have a younger mayor, so we can have fresh ideas to make our city better.
is true that the city council id approve a tax for a new road
construction project. However, our city needs to attract more businesses to stabilize
our economy
bring to work instead of using public transportation is the net
eating everything on your plate it wastes veueble resources
Auditors are concerned about the _____ assertion for revenue transactions because clients are more likely to overstate sales than to understate them.
The occurrence assertion for revenue transactions is an issue for auditors since customers are more prone to overstate revenues than to understate them.
What is an assertion of occurrence?To ascertain if the transactions listed on financial statements actually occurred, apply the occurrence assertion. This can be anything from authenticating trade receivables balances by confirming that a sale occurred on the designated day to confirming that a bank deposit has been completed.
What are the revenue audit assertions?To guarantee that financial records and disclosures are accurate and appropriate, assertions need to be evaluated. Financial statements are correctly reported if all assertions for pertinent transactions or balances are met.
How can it be proven that revenue actually occurs?The need to check for revenue transfers cannot be overstated. The biggest challenge for the majority of organizations will be reversing figures from the general ledger or sales journal to source documents (invoices, shipping documentation, etc.).
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Which of these is an example of land capital?
A. Small business
B. Oil
C. Money
D. Accountant
The answer is B. Oil.
Answer:oil
Explanation:
just did the test
Jill sold her car to Jake who issued a post-dated check in full payment of the
agreed price. Before the check matures, Jake sold the same car to John who
later sold it to Willie. However, when Jill presented the check for payment,
it was dishonored by the drawee bank for the reason that Jake had already
closed his account even before he issued his check.
Jill filed a case to recover the car from Warren claiming that she had been
unlawfully deprived of it by reason of Jake’s deception.
Will the suit prosper? Why or why not? Explain your answer. Please include the applicable articles.
The suit will not prosper and Jill cannot recover the car from Willie.
No, the suit will not prosper. This is because the sale between Jill and Jake was valid and binding. According to Article 1485 of the Civil Code of the Philippines, "The unpaid seller of goods loses the right of lien thereon and of stoppage in transitu and the right of resale as limited by this Title when he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the ownership in the goods until their price is paid or tendered."
In this case, Jill delivered the car to Jake without reserving the ownership until the check is paid. Therefore, she lost her right of lien and the right of resale. Jake, as the new owner, had the right to sell the car to John, who then sold it to Willie.
Furthermore, Article 1249 of the Civil Code states that "The delivery of promissory notes payable to order, or bills of exchange or other mercantile documents shall produce the effect of payment only when they have been cashed, or when through the fault of the creditor they have been impaired." This means that the check issued by Jake did not produce the effect of payment until it was cashed. However, Jill cannot recover the car from Willie because she lost her right of lien and the right of resale when she delivered the car to Jake without reserving the ownership until the check is paid.
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Calculating the Fixed Overhead Spending and Volume Variances
Standish Company manufactures consumer products and provided the following information for the month of February:
Units produced 131,000
Standard direct labor hours per unit 0.20
Standard fixed overhead rate (per direct labor hour) $2.50
Budgeted fixed overhead $65,000
Actual fixed overhead costs $68,300
Actual hours worked 26,350
Required:
1. Calculate the fixed overhead spending variance using the formula approach.
$
Favorable
Unfavorable
2. Calculate the volume variance using the formula approach.
$
Favorable
Unfavorable
3. What if 129,600 units had actually been produced in February? What impact would that have had? Indicate what the new variances would be below.
Fixed Overhead Spending Variance $
Favorable
Unfavorable
Volume Variance $
Favorable
Unfavorable
The fixed overhead spending variance is $2,425 unfavorable and the volume variance is $375 unfavorable. If production was lower, the fixed overhead spending variance would remain the same but the volume variance would increase to $1,075 unfavorable.
1. To calculate the fixed overhead spending variance, we can use the formula approach:
Fixed Overhead Spending Variance = Actual Fixed Overhead Costs - (Standard Fixed Overhead Rate × Actual Hours Worked)
Fixed Overhead Spending Variance = $68,300 - ($2.50 × 26,350) = $68,300 - $65,875 = $2,425 (Unfavorable)
2. To calculate the volume variance, we can use the formula approach:
Volume Variance = (Standard Fixed Overhead Rate × Standard Hours Allowed) - (Standard Fixed Overhead Rate × Actual Hours Worked)
Standard Hours Allowed = Units Produced × Standard Direct Labor Hours per Unit = 131,000 × 0.20 = 26,200
Volume Variance = ($2.50 × 26,200) - ($2.50 × 26,350) = $65,500 - $65,875 = $375 (Unfavorable)
3. If 129,600 units had actually been produced in February instead of 131,000, the impact on the variances would be as follows:
Fixed Overhead Spending Variance:
Fixed Overhead Spending Variance = Actual Fixed Overhead Costs - (Standard Fixed Overhead Rate × Actual Hours Worked)
Fixed Overhead Spending Variance = $68,300 - ($2.50 × 26,350) = $68,300 - $65,875 = $2,425 (Unfavorable) (No change)
Volume Variance:
Standard Hours Allowed = Units Produced × Standard Direct Labor Hours per Unit = 129,600 × 0.20 = 25,920
Volume Variance = ($2.50 × 25,920) - ($2.50 × 26,350) = $64,800 - $65,875 = $1,075 (Unfavorable)
In conclusion, based on the given data, the fixed overhead spending variance is $2,425 unfavorable, indicating that the actual fixed overhead costs exceeded the expected amount. The volume variance is $375 unfavorable, suggesting that the actual hours worked deviated slightly from the standard hours allowed.
If 129,600 units had been produced instead of 131,000, the fixed overhead spending variance would remain the same at $2,425 unfavorable, while the volume variance would increase to $1,075 unfavorable.
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which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices to obtain first mover advantages to improve market position to find new sources of raw materials to capitalize on growing demand
One of the reasons a corporation could start new competitive measures is not to look for new raw material suppliers. Option 3 is Correct.
Three elements are required for the successful launch of new businesses or the adoption of new technologies: an entrepreneurial opportunity, the resources to explore the opportunity, and an entrepreneur or entrepreneurial team ready and motivated to take the endeavour on.
On the other side, if the concentration is significant and the top 'n' businesses control the market's output or services, the sector is referred to as oligopolistic or monopolistic. A person's nationality has no bearing on whether or not he is an entrepreneur. The expertise of an entrepreneur is affected by variables like education, and an entrepreneur's job experience aids in the operation of the company. Option 3 is Correct.
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Correct Question:
which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices
1. to obtain first mover advantages
2. to improve market position
3. to find new sources of raw materials
4. to capitalize on growing demand
_____ is a pattern of action by the members of an organization that directly or indirectly influences organizational effectiveness.a. Positive affectivityb. General adaptation syndromec. Workplace behaviord. Job satisfaction
Workplace behavior is a pattern of action by the members of an organization that directly or indirectly influences organizational effectiveness. Therefore the correct answer is c. Workplace behavior.
Workplace behavior is a pattern of action by the members of an organization that directly or indirectly influences organizational effectiveness. It includes how employees interact with each other, how they perform their tasks, and how they respond to different situations in the workplace.
Positive workplace behavior can lead to increased productivity, better teamwork, and higher levels of job satisfaction. Negative workplace behavior, on the other hand, can lead to conflicts, decreased productivity, and low morale.
Therefore, it is important for organizations to foster positive workplace behavior in order to achieve organizational effectiveness. Therefore the correct answer is c. Workplace behavior.
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Countries rely on each other for good and services, this is called economic
A
balance of trade
B
interdependence
с
international trade
D
quota
Answer:
B. interdependence
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Economic integration can be defined as a strategic trade arrangement between countries to eliminate or mitigate trade barriers, as well as coordinate fiscal and monetary policy among its members.
There are different types of market or trade bloc used in economic integration and these includes;
I. Customs union
II. Free trade area
III. Common market
IV. Political union
VI. Economic union
A free trade area (zone) can be defined as an economic area wherein goods are exported or imported from one country to another without being subjected to normal trade laws such as quotas, bureaucratic requirements and tariffs of the country. Thus, a free trade area (zone) stimulates or enhances foreign trade, investment and globalization.
Hence, when countries rely on each other for good and services, this is called economic interdependence.
Economic interdependence can be defined as a situation in which two or more individuals, organizations or countries depend on one another through the exchange of goods and services, in order to meet their demands or needs.
Lana has worked on many teams before, but she always felt like she ended up doing a lot of the work. If Lana could form her own team, she should look for someone who _____. a. has good communication skills b. has a positive attitude c. does their share of the work d. All of the above
Answer:
D: All of the above
Explanation: Because she can tell each person what specific thing she wants them to do.
Have a nice day!!
Lana has worked on many teams before, but she always felt like she ended up doing a lot of the work. If Lana could form her own team, she should look for someone who has good communication skills, has a positive attitude and does their share of the work. Hence, option D is correct.
What is communication skills?Communication is the capacity to effectively transmit or exchange ideas and thoughts. Many experts agree that good communication skills require delivering messages without misleading or deceiving others. Communicating clearly with a range of people from different backgrounds.
Communication skills are the abilities you employ when providing and receiving various forms of information. Examples include sharing original ideas, feelings, or even a project update. The four Cs of communication are compassion, compassion, compassion, and compassion.
Thus, option D is correct.
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4.2. Why do you think capital is important?
Answer:
Capital is important because it's that part of an asset that can be used to repay its depositors, customers, and other claimants in case the bank doesn't have enough liquidity due to losses it suffered in its operations. Capital also helps the bank in times of a liquidity crisis.
What is the length of the cash conversion cycle for a firm with $3 million in inventory, $1.5 million in accounts payable, a collection period of 40 days, and an annual cost of goods sold of $18 million
The length of the cash conversion cycle for a firm with $3 million in inventory is 70.41 days.
How to calculate the days?Days of inventory outstanding= 365/ Inventory turnover
Formula for calculating inventory turnover:
Inventory Turnover = Cost of Goods Sold/Average Inventory
= $18 million / $3 million
= 6
Days of inventory outstanding= 365/ 6 = 60.83 days
Days of payable outstanding= 365/ Payables turnover
Payables turnover = Cost of Goods Sold/ Average Payables
= $18 million / $1.5
= 12
Days of payable outstanding= 365/ 12
= 30.42 days
Cash conversion cycle= Days of inventory outstanding + Days of sales outstanding – Days of payables outstanding
= 60.83 days + 40 days - 30.42 days
= 70.41 days.
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corporate strategic options for diversified companies would not normally entail multiple choice sticking closely with the existing business line when the current business line offers attractive growth opportunities. divesting weak-performing businesses and retrenching to a narrower base of business operations. broadening the diversification base by adding and acquiring more businesses. repurchasing shares of the company's common stock and building cash reserves by investing in short-term securities. restructuring the company's business lineup through a mix of divestitures and new acquisitions.
Option (c), which entails repurchasing shares of the company's common stock and accumulating cash through investments in short-term securities, is the best choice.
What exactly do you mean by diversified companies?A diverse corporation owns or engages in business across a number of unrelated industries. Companies can diversify by starting new ventures on their own, joining forces with another business, or buying a firm that operates in a different industry or service sector. One typical type of diversified company are conglomerates.
Why does corporate strategy matter for a varied firm?So, the company strategy is to increase profitability by entering new markets and offering new products. Corporations may also aim to diversify in order to assist mitigate the dangers related to relying too much on one industry.
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which change in real gdp is most likely to have resulted from a gradual deterioration in property rights because of excessive government intervention?
So, the change in real GDP that is most likely to have resulted from a gradual deterioration in property rights because of excessive government intervention is a decrease in the rate of economic growth.
The change in real GDP that is most likely to have resulted from a gradual deterioration in property rights because of excessive government intervention is a decrease in the rate of economic growth. Property rights are the legal rights that individuals and organizations have to use and control resources, including land, buildings, and natural resources. When property rights are well-defined and protected, it allows individuals and organizations to invest in productive activities, such as building homes, factories, and infrastructure.
This, in turn, leads to increased economic growth and higher standards of living. However, when property rights are deteriorated because of excessive government intervention, it can lead to a decrease in economic growth. This is because excessive government intervention can make it more difficult for individuals and organizations to secure and protect their property rights, which can lead to a decrease in investment and a slowdown in economic growth.
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Two modules validatecustomerid and registercustomer are unit tested individually. What kind of testing should be done to check whether registercustomer is calling validatecustomerid and validatecustomerid is called properly by registercustomer?
Two modules validate customer id and register customer are unit tested individually. Integration testing should be done to check whether register customer is calling validate customer id and validate customer id is called properly by register customer
Integration testing entails determines whether or not distinct modules perform well together.
Integration testing is a sort of software testing which involves merging of two or more modules to assess the flow between them.
Integration testing also ensures that the interactions between different software components which run smoothly and without difficulty.
Integration testing is a sort of software testing in which the various units, modules, or components of a software application are all evaluated together.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.