Option d. external is the correct answer. Jason is an information systems technician in a town in North Carolina with a population of 100,000. He earns $35,000/year. He recently found out that a nearby town with a similar population pays people in the same position $40,000/year. Jason is concerned with the external form of equity.
Compensation is represented as an act of rewarding an employee with monetary value within the organization for their work. It varies for every job position in the organization. Commission, hourly, bonus, and salary are the sorts of compensation.
External equity is one of the classifications of equity in which an individual compares its pay level with another organization's pay level. Various employers utilize external equity by analyzing market pay levels and setting their pay levels high compared to other organizations in the marketplace. It is typically used to attract employees by paying high.
In the above case, Jason compares his pay with another organization in another town. Hence, Jason is concerned with external equity.
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Assume that you are the accountant for Computer Consultants. Prior to this year, Computer Consultants operated out of a leased office. However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 percent per year. The owner of Computer Consultants has asked why you recorded depreciation on the building if real estate values are appreciating. Write a response to the owner explaining why depreciation must be recorded on the company’s accounting records.
Answer:
However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 ...
Explanation:
Which of the following HRM practices involves helping employees understand how their jobs contribute to the finished product? Work Design
The HRM practices involve helping employees understand how their jobs contribute to the finished product is work design. Hence, the correct option is (A).
What Is Work Design?Human Resource Management (HRM) is one of the divisions in a company that deals with labor relations, such as recruiting, hiring, deploying, and managing an organization's employees. In addition, HRM is also responsible for providing training to the workforce so that they can be skilled and have abilities according to company standards. One form of training provided by HRM is work design where HRM explains to the workforce about the contribution of their work to the final or finished product of the company. This is considered to be able to increase the work motivation of the workforce and also provide as detailed information as possible regarding the tasks of the workforce.
The question is incomplete, but most probably your question was:
The HRM practices involve helping employees understand how their jobs contribute to the finished product is
A) Work Design
B) Performance management
C) Training
D) Staffing
E) Compensation
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If you are a self-employed professional, which plan would work for you?
If you are a self-employed professional, the plan that would work for is solo 401(k), also known as an independent 401(k) plan.
One possibility If you are self-employed, you should consider a solo 401(k), which is referred to as an independent 401(k). In fact, the Solo 401(k) possesses some advantages over other types of self-employment retirement accounts.
There are a few prerequisites for investing in a solo 401(k). You must generate your own revenue through your own business. And the company must be run solely by you or by you and your partner. Another is simplified employee pension plan, which is an instance of IRA for small business owners as well as self-employed individuals. A simplified employee pension plan (SEP) allows business owners to contribute to their employees' retirement savings in addition to their own.
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Identify and explain about any 3 title of business objectives
Answer:
1. Getting and Staying Profitable
Maintaining profitability means making sure that revenue stays ahead of the costs of doing business. Focus on controlling costs in both production and operations while maintaining the profit margin on products sold.
2. Productivity of People and Resources
Employee training, equipment maintenance and new equipment purchases all go into company productivity. Your objective should be to provide all of the resources your employees need to remain as productive as possible.
3. Excellent Customer Service
Good customer service helps you retain clients and generate repeat revenue. Keeping your customers happy should be a primary objective of your organization.
4. Employee Attraction and Retention
Employee turnover costs you money in lost productivity and the costs associated with recruiting, which include employment advertising and paying placement agencies. Maintaining a productive and positive employee environment improves retention.
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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Is the manager of telkom actively involved in the decisions of the business
A manager is actively involved in the decisions of a business if he acts directly in the operation of the business and does not delegate tasks to others.
Who is a Manager?This refers to the person that is in charge of coordinating the activities of a group of individuals.
Hence, we can see that A manager is actively involved in the decisions of a business if he acts directly in the operation of the business and does not delegate tasks to others.
He makes direct decisions for his business.
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What kind of warranty is often offered not through the manufacturer but instead through a third party? a. manufacturer’s warranty b. extended warranty c. full warranty d. limited warranty Please select the best answer from the choices provided
Answer:
The correct answer is B.
Explanation:
I just took the test, and B is correct.
An extended warranty is often offered by a third party instead of a manufacturer. The correct option is b.
What do you understand about an extended warranty?An extended warranty or service agreement is a prolonged warranty offered to customers in addition to the standard warranty on new items. This kind of warranty can be offered by the warranty administrator, the retailer or the manufacturer.
Extended warranties cost extra and for a percentage of the item's retail price. Occasionally some extended warranties that are purchased for multiple years state in writing that during the first year the consumer must still deal with the manufacturer in the occurrence of malfunction.
There are certain terms and conditions in extended warranty which may not match the original terms and conditions. For instance, these may not cover anything other than mechanical failure from normal usage.
Some common examples of extended warranties are automobiles and electronics.
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MCQS
(i) Compensation of employees includes ________.
(a) wages, salaries, fringe benefits, Social Security contributions, and health and pension plans
(b) wages, salaries and taxes
(c) wages, salaries taxes and zakat
(d) non of the above
(ii) The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as-------
(a) Net Factor Income from Abroad
(b) Capital Consumption Allowances
(c) Depreciation
(d) None of these
(iii) Suppose that in year 1 an economy produces 75 unit of apple that sell for $5 each and 100 mobile that sell for $6 each. The next year the economy produces 110 apple that sell for $3.75 each and 80 mobile that sell for $5 each. The real GDP is
(a) 812.5
(b) 975
(c) 1030
(d) 980
(iv) What of the following does NOT enter GDP?
(a) Public Service
(b) Public education
(c) Life Expectancy
(d) National Defence
(v) The sum of all kinds of income received by the individuals from all sources is called---------
(a) Personal Income
(b) Private Income
(c) Personal Disposable Income
(d) None
Answer:
MCQS
(i) Compensation of employees includes ________.
(a) wages, salaries, fringe benefits, Social Security contributions, and health and pension plans .
(ii) The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as-------
(a) Net Factor Income from Abroad .
(iii) Suppose that in year 1 an economy produces 75 unit of apple that sell for $5 each and 100 mobile that sell for $6 each. The next year the economy produces 110 apple that sell for $3.75 each and 80 mobile that sell for $5 each. The real GDP is
(c) 1030 .
(iv) What of the following does NOT enter GDP?
(c) Life Expectancy.
(v) The sum of all kinds of income received by the individuals from all sources is called---------
(a) Personal Income.
Explanation:
1) Employee Compensation includes the salaries, wages, benefits, and other incentives paid to employees in exchange for their services to the company.
3) The Net factor income from abroad is the difference between the factor income earned from abroad by normal US residents and the factor income earned by non-residents (foreigners) in the US domestic territory.
4) The real GDP is the gross domestic product adjusted for the effect of inflation on prices. The real GDP for year 2 should be based on the prices of year 1 and is calculated as follows (110 * 5 + 80 * 6 = 1030).
5) Personal income is the sum of all kinds of income received by the individuals from all sources. It is used in the calculation of the US GDP. It is a subset of private income. Private income, which is broader than personal income, consists of personal income, profit tax, and undistributed profit.
6:00 PM If the contract is "mixed," the governing law (UCC or common law) is determined by: Multiple Choice a. Article 6. b. whether there was liability relating to a negotiable instrument.c. whether services were performed. d. the predominant factor. 6:00 PM
If the contract is "mixed," meaning it involves both the sale of goods and the performance of services, the governing law (UCC or common law) is determined by the predominant factor. This means that whichever aspect of the contract is the main focus or primary purpose will determine the governing law. The correct option is d.
For example, if the contract involves the sale of a computer and also includes installation and setup services, but the primary purpose of the contract is the sale of the computer, then the UCC (Uniform Commercial Code) would be the governing law.
On the other hand, if the primary purpose of the contract is the performance of services, then common law would be the governing law. The determination of the governing law is important because the UCC and common law have different rules and requirements for contracts, such as the statute of frauds, warranties, and remedies for breach of contract.
Therefore, it is important to understand which law governs the contract in order to properly interpret and enforce its terms. It is not determined by Article 6 or liability relating to a negotiable instrument, but rather by the predominant factor in the contract. The correct option is d.
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Identify one supply or demand shifting factor that the community could have some control over or do something about
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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The Cluck-Cluck Corp. starts the year with a beginning inventory of 480 units at $23 per unit. The company purchases 590 units at $40 each in February and 560 units at $24 each in October. Cluck-Cluck sells 240 units during the year. Cluck-Cluck has a periodic inventory system and uses the FIFO inventory costing method. What is the amount of cost of goods sold
Answer:
the amount of the cost of goods sold is $5,520
Explanation:
The computation of the cost of goods sold is shown below;
= Unit sold × beginning inventory cost per unit
= 240 units × $23
= $5,520
By multiplying the unit sold with the beginning inventory cost per unit we can get the cost of goods sold
Hence, the amount of the cost of goods sold is $5,520
The same would be considered
Only certain cells in the body are target cells for the steroid hormone aldosterone. Which of the following is the best explanation for why these are the only cells that respond to this hormone?
Aldosterone is a steroid hormone produced in the adrenal cortex, and its primary target cells in the body are those located in the distal convoluted tubules and the collecting ducts of the kidneys.
These cells are specifically targeted because they are equipped with specific receptors on their surface that are specifically designed to bind to aldosterone. While other cells in the body have aldosterone receptors, they are not as sensitive to the hormone and do not respond as much. Thus, these distal convoluted tubules and collecting ducts are the primary target cells for aldosterone.
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what are the source of law ?
To help reduce firefighting in network management, a network manager should spend time on ____________ to prevent problems
Answer:
Planning and Organizing the Network and Networking Staff
Explanation:
If this helped, please give brainliest answer! Thanks!
is it ethical or unethical to cheat on your taxes? Explain why or why not Are the children who were aware of the cheating scheme purely victims in this situation, or should they also be considered unethical? Explain your answer using one of the four approaches to deciding ethical dilemmas.
Based on the uses of taxes, it is unethical to cheat on your taxes because it hampers government services.
The children who were aware of the cheating scheme should be treated as victims instead of being considered unethical.
This can be explained through the approach to decisions on ethical dilemmas known as the the consequence approach.
Why should we pay taxes?The government needs our taxes to take care of the nation. Those taxes enable the government to build roads, pay police people and defend the nation. Cheating on taxes is therefor unethical and unfair.
Essentially, going by the consequence approach to Ethical dilemmas, the consequences of not paying taxes should be considering. When we don't pay taxes, the government takes care of the nation less.
Children who are aware of a guardian or parent cheating on their taxes should be treated as victims. They are too young to know the effects of cheating on taxes and might have been manipulated by the those involved in the cheating scheme.
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Conduct a SWOT analysis by summarizing the internal strengths (S) and weaknesses (W) of your product or company, as well as the external opportunities (O) and threats (T). If you don’t have enough information about your start-up company yet, you can continue to use mock information as you have in previous assignments. The goal of the activity is to practice with this strategic thinking tool.
By conducting a SWOT analysis, ABC Company can gain insights into its internal strengths and weaknesses while identifying external opportunities and threats. This analysis can inform strategic decision-making, allowing the company to capitalize on its strengths, address weaknesses, seize opportunities, and mitigate threats effectively.
SWOT Analysis for ABC Company:
Strengths (S):
Innovative product: ABC Company offers a unique and innovative product that sets it apart from competitors, giving it a competitive edge.
Strong brand reputation: The company has built a solid brand reputation over the years, known for delivering high-quality products and excellent customer service
Skilled workforce: ABC Company has a talented and skilled workforce that contributes to the development and success of the product.
Robust financial position: The company has a strong financial position, allowing for investments in research and development, marketing, and expansion opportunities.
Weaknesses (W):
Limited market presence: ABC Company is relatively new in the market, resulting in limited brand awareness and a smaller customer base compared to established competitors.
Lack of diversification: The company relies heavily on a single product, which poses a risk if the demand for that product decreases or a new competitor enters the market.
Limited distribution channels: The company currently has limited distribution channels, which may restrict its reach and hinder market penetration efforts.
Opportunities (O):
Market expansion: There is an opportunity for ABC Company to expand its market reach by targeting new customer segments or entering new geographical markets.
Technological advancements: Rapid technological advancements present opportunities for the company to enhance its product or develop new offerings to meet evolving customer needs.
Strategic partnerships: Collaborating with strategic partners can provide access to new distribution channels, enhance brand visibility, and facilitate market expansion.
Threats (T):
Intense competition: The market is highly competitive, with several established players and new entrants. Competitors may replicate or improve upon ABC Company's product, posing a threat to its market share.
Changing consumer preferences: Shifting consumer preferences and trends may impact the demand for the company's product, requiring continuous innovation and adaptation.
Regulatory challenges: Compliance with evolving regulations and industry standards poses potential challenges and may require additional resources and efforts to ensure compliance.
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Rita is a registered dietician. What does her work entail
Rita is a registered dietician. does her work entail making recommendations for healthy eating habits.
How does a dietician work?Registered dietitians assist patients who are having trouble losing weight or who need to alter their diet for other medical conditions, such as managing diabetes, to prevent or delay disease progression. When creating meal plans, they collaborate with patients to understand their unique requirements and difficulties.
What advantages does becoming a registered dietician offer?assisting people to develop healthy behaviors.
different everyday routines.
multiple career alternatives.
a lot of predictions for job growth.
chances for specialization
licensure and education standards are very strict.
Keeping up with evolving legal requirements
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July 1 purchased 6,300 of merchandise on credit from tahoe company invoice dated june 30, terms 2/10, n/30
Product Inventory -$6,300 debit
Invoices Payable -$6,300 credit
Which inventory do you refer to?All the materials, products, and other items that a company keeps on hand with both the goal of reselling these for a profit are collectively referred to as inventory. As an illustration, merely the item will indeed be considered inventory if a newspaper seller uses a van to distribute newspapers to clients.
What does inventory actually imply at work?Inventory consists of goods or resources that a business intends to resale to customers at a profit. Merchandise management, a key element of the supply chain, involves tracking inventory from manufacturers through storage and from these places to a point of sale.
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f) In a financial crisis, would it be preferable for the government to stabilise the economy using fiscal or monetary policy?
In a financial crisis, both fiscal and monetary policies can be used to stabilize the economy, but their effectiveness and appropriateness may vary depending on the specific circumstances and goals of policymakers.
Fiscal policy refers to the use of government spending and taxation to influence the economy. In a financial crisis, the government can implement expansionary fiscal policies, such as increasing government spending or reducing taxes, to stimulate economic activity.
This can help boost consumer and business spending, create jobs, and restore confidence in the economy.
Fiscal policy can also be targeted to provide direct assistance to industries or sectors that are most affected by the crisis, such as providing financial support to struggling businesses or implementing social safety net programs to support individuals and families in need.
Monetary policy, on the other hand, is conducted by central banks and involves the manipulation of interest rates and the money supply to influence economic activity.
In a financial crisis, central banks can employ expansionary monetary policies, such as lowering interest rates or implementing quantitative easing measures, to encourage borrowing and investment, stimulate lending by financial institutions, and provide liquidity to the markets.
These actions aim to promote economic growth, stabilize financial markets, and restore confidence among investors and businesses.
The preference for fiscal or monetary policy in a financial crisis depends on several factors, including the nature and severity of the crisis, the policy tools available, and the economic conditions.
In general, fiscal policy may be more effective in addressing structural issues or long-term challenges, as it can directly target specific sectors or provide substantial stimulus to the economy. Monetary policy, on the other hand, can act more swiftly and is often used to address short-term fluctuations or liquidity issues in financial markets.
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Tina works outdoors nearly all the time. She and her team clean up roads and fix holes in them. Her job is best
described as
Alma works in an office building, where she operates engines and makes sure all the systems for heat, power, and
other utilities are working properly. Her job is best described as
Every day, Sean drives to the homes of a few different customers, where he fixes washing machines and dryers. His
job is best described as
Answer:
Tina: Highway Maintenance Worker
Alma: Stationary Engineer
Sean: Home Appliance Repairer
Have a good day :)
Tina works outdoors nearly all the time. She and her team clean up roads and fix holes in them. Her job is best described as
✔ Highway Maintenance Worker
Alma works in an office building, where she operates engines and makes sure all the systems for heat, power, and other utilities are working properly. Her job is best described as
✔ Stationary Engineer
Every day, Sean drives to the homes of a few different customers, where he fixes washing machines and dryers. His job is best described as
✔ Home Appliance Repairer
Explanation:A reality of living in a risk society is that:____________
a. social justice is, in fact, dispensed equally across all citizen groups, irrespective of ethnicity, income level, or other factors.
b. incomes are regulated by government policy to ensure equality across professions and worker class.
c. laws cannot be enacted to regulate corporations' adherence to accounting rules.
d. currency exchange rates are set by the Caux Principles.
e. the creation and distribution of wealth generate by-products that can cause injury, loss, or danger to people and the environment.
Answer:
e
Explanation:
Jody is a physician (not covered by a retirement plan) with a salary of $40,000 from the hospital where she is employed. She supports her husband, Andre, who sells art work and has no earned income. Both are in their twenties. What is the maximum total amount that Jody and Andre may contribute to their IRAs and deduct for the 2015 tax year?
$11000, $5500 for Jody and her husband individually. For the 2015 tax year, Jody and Andre can only deduct up to $11,000 from their IRA contributions.
5,500 each for them. because investments in IRAs are eligible for a tax deduction up to the $5,500 annual contribution limit that applies to each individual.
An individual retirement arrangement (IRA) is a type of pension plan offered by a number of financial institutions in the United States that gives taxpayers tax breaks for saving for retirement for a specific period of time.
A tax-favored personal savings plan known as an individual retirement account (IRA) allows you to save money for retirement. Traditional IRAs and Roth IRAs are two of the many varieties of IRAs. A bank, insurance company, or other financial institution can help you set up an IRA.
What are the benefits of having an IRA, or individual retirement account?The main benefit of traditional IRAs is tax-deferred growth, which means that you won't have to start taking withdrawals until you're 72 years old to pay taxes on what you earn or put into your account. Compared to a typical brokerage account, you invest more upfront in traditional IRAs.
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Assume there are three hardware stores, each willing to sell one standard model hammer in a given time period. House Depot could offer a hammer for
a minimum of $7. Lace Hardware could offer a hammer for a minimum of $10. Bob's Hardware could offer a hammer for a minimum of $13.
If the market price of hammers increased from $7 to $11:
If the market price of hammers increase from $7 to $11, more producers would participate in the market.
What is the change in total surplus?Producer surplus is the difference between the price of a good and the minimum price the producer of the good is willing to sell the product. When the producer surplus is negative, producers would not participate in the market.
The higher the price of the good, the higher the producer surplus of the good. Total surplus is the sum of the producer surplus' of all the producers in the market.
Producer surplus = price of the good - minimum price of the good
Producer surplus when price was $7:
House depot: $7 - $7 = 0
Lace Hardware: $7 - $10 = $-3
Bob's Hardware : $7 - $13 = $-6
Producer surplus when price was $11:
House depot: $11 - $7 = $4
Lace Hardware: $11 - $10 = $1
Bob's Hardware : $11 - $13 = $-2
Here are the options:
only Bob's Hardware would lose surplus.
House Depot is the only producer that would gain surplus.
both Bob's Hardware and Lace Hardware would lose surplus.
more producers would participate in the market.
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Kendra makes custom baby quilts embroidered with the baby’s name and date of birth. Although quilts can be partially completed in advance, all quilts remain in the Work in Process Inventory account until the final embroidery is completed. Quilt BBGR12 was completed in July. At the beginning of July, costs accumulated on the quilt were direct materials of $50, direct labor of $75, and overhead of $20. Completing the quilt required 2.5 hours of direct labor at $12 per hour. Overhead is applied at $3 per direct labor hour. What is the total cost on the job cost sheet for Job BBGR12 at the end of July? (Show your work.)
Answer:
$182.50
Explanation:
Calculation of the total cost on the job cost sheet for Job BBGR12
Manufacturing Costs Schedule
Beginning Work In Process Inventory :
Direct Materials $50.00
Direct labor of $75.00
Overhead of $20.00
Incurred during the year :
Direct labor (2.5 hours × $12) $30.00
Overheads (2.5 hours × $3) $7.50
Total cost on the job cost sheet $182.50
Steve works for a construction company. He is currently paid at an hourly rate of $13.50 per hour and any overtime is paid at a rate of time and a half. He is paid weekly, this week he worked 47 hours.
gross pay:??
net pay:??
Note: Net pay will be figured by deducting the 1.45 percent Medicare Tax and 4.75 percent Social Security Tax
Answer: $770
Explanation:
(Economics)
In an essay of at least two well-developed paragraphs, explain the global benefits of international trade and multinational corporations.
International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.
One of the primary advantages of international trade is that it allows countries to specialize in producing goods and services in which they have a comparative advantage. This means that countries can focus on producing goods that they can produce more efficiently and at a lower cost compared to other countries. As a result, resources are allocated more efficiently, leading to increased productivity and higher standards of living.Furthermore, international trade enables countries to access a wider variety of goods and services that may not be available domestically. This increases consumer choices and provides opportunities for individuals to enjoy a higher quality of life. For example, consumers in a landlocked country can still enjoy fresh seafood by importing it from coastal countries. Similarly, individuals in colder climates can purchase tropical fruits from countries where they are grown.Multinational corporations (MNCs) also contribute to the global benefits of international trade. These are companies that operate in multiple countries, with business activities ranging from production to distribution. MNCs play a crucial role in facilitating international trade by establishing global supply chains, investing in foreign markets, and creating jobs. They bring capital, technology, and managerial expertise to host countries, which can lead to economic development and improved living standards.Moreover, MNCs often engage in research and development (R&D) activities, driving innovation and technological advancements. This can have far-reaching benefits for both the host country and the global economy. For instance, a multinational pharmaceutical company conducting R&D in a developing country may discover new drugs or medical treatments that can benefit people worldwide.In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.
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How do unions help workers?
They negotiate with employers for workers.
They provide training for workers.
They educate workers’ children.
They evaluate the quality of work being performed.
Answer:
the answer is a
Explanation:
because unions wanted to get better benifits and such
What are the three main variables among the different types of life insurance policies?
O how long the coverage lasts, how much the premium costs, and the cash value
O length of coverage, application process, death benefit amount
O length of coverage, whether a physical is required, and cost of the premium
O the cost of the riders, funeral cost coverage, and cash value.
Answer:
The three main variables among the different types of life insurance policies are how long the coverage lasts, how much the premium costs, and the cash value.
Answer: The three key differences between the various types of life insurance policies are the duration of the coverage, the cost of the premium, and the cash value.
Explanation: The three key differences between different types of life insurance policies are the length of coverage, the cost of the premium, and the cash value.
Two major lottery games, Mega Millions and Powerball serve as de facto national lotteries. Which lottery game is available in your area? What is the probability of winning? What are the odds of winning? What is the expected value for the minimum payout for winning? What is the current expected value?
Many people play the lottery because they say,
"someone has to win"? What do you think of this
statement?
Many people don't play the lottery because they say, "you are more likely to be struck by lightening", "You are more likely to be bitten by a shark", "it is more likely that it will snow in Death Valley" or something similar. What do you think of these statements? Investigate the probability of one of these random events (or something similar) happening?
There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible social states which result in different utility levels for the three subpopulations:_______.
Social State Unemployed Workers Retirees
A 12 50 10
B 20 20 20
C 15 15 15
D 1 40 1
a. Which social states might plausibly be chosen by the government of Utopolis? And Why?
b. There is a government election in Utopolis with two candidates: a Rawlsian and a Utilitarian candidate. Each candidate promises to enact one of the social states above. If the majority of citizens elect the candidate, which social state will be enacted?
Answer:
A) social state A and social state D
B) Social state D
Explanation:
A) The social states that might be chosen by the government are
State A and State D : Because it has a reasonable number of active worker that are far greater than the unemployed and Retirees and this means that there is a reasonable amount of income in the social states and the data from other social states looks quite Fraudulent because there is no way the unemployed = workers and also = Retirees
B) The social state that will most likely be enacted is Social state D and this is due to the High ratio of Active workers compared to the unemployed and retirees