3. South Korea has demonstrated how state intervention could lead to economic growth. The state intervened in the economy in a number of ways. Firstly, the government has played a significant role in funding and promoting research and development in specific sectors through its development policies.
Secondly, the government has been instrumental in implementing reforms that have facilitated the growth of the private sector. Thirdly, the government has encouraged investment from foreign companies. Fourthly, the government has controlled the domestic economy by keeping inflation low, controlling currency values, and limiting the amount of foreign debt. Fifthly, the government has offered tax incentives, low-interest loans, and other financial support to businesses to encourage them to develop in specific sectors.
This is considered justified when markets were less developed during the initial, catch-up stages of development because markets were not strong enough to generate the necessary investment, innovation, and growth on their own. The state had to intervene to help build the foundations for the growth of the private sector.
4. South Korea's export-led industrialization strategy followed a unique trajectory. The country began by focusing on labour-intensive industries such as textiles and light manufacturing. As its economy developed, it shifted towards more capital-intensive industries such as steel, petrochemicals, and heavy machinery. It then moved to high-technology industries such as electronics, semiconductors, and biotechnology. This evolution was driven by the government's policies of investment in education, research, and development, and incentives for businesses to focus on the export market. Some of the incentives provided by the government include infrastructure development, tax incentives, low-interest loans, and export credit insurance. This strategy has been instrumental in South Korea's economic growth and has transformed the country from one of the world's poorest nations to a global economic powerhouse.
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When a firm uses an established brand to introduce a new product, it is called a brand ________.
A) harmonization
B) valuation
C) extension
D) positioning
E) parity
When a firm uses an established brand to introduce a new product, it is called a C) brand extension.
This process involves leveraging the equity and recognition of an established brand to introduce a new product to the market, with the aim of benefiting from the existing brand awareness and customer loyalty.
The goal is to achieve brand harmonization, whereby the new product aligns with the existing brand's values and positioning to create a cohesive brand identity. So the new product will attract quicker customer awareness and the willingness to trial or sample the product due to association with parent brand.
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One of the most important steps in estimating cash flow is to determine the blank______ cash flows.
One of the most important steps in estimating cash flow is to determine the relevant cash flows.
A cash inflow is a real or virtual movement of plutocrats a cash inflow in its narrow sense is a payment, especially from one central bank account to another; the term' cash inflow' is substantially used to describe it. Cash inflow refers to the net balance of cash moving into and out of a business at a specific point in time. Cash is constantly moving into and out of a business. For illustration, when a retailer purchases force, plutocrat flows out of the business toward its suppliers.Cash inflow from operations is comprised of expenditures made as part of the ordinary course of operations. exemplifications of these cash exoduses are payroll, the cost of goods vended, rent, and serviceability. Cash exoduses can vary mainly when business operations are largely seasonal.
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Which of the following is an example of human resources planning?
A. An employee complains to his manager that he is being asked to
work too many hours.
B. An HR manager talks with department managers to determine
which workers are needed,
C. Two workers disagree with each other about the sufficiency of the
benefits the HR department offers,
D. A CEO talks with the HR manager about the value of the company
and decides that it needs to grow.
SUBMIT
Answer:
B. An HR manager talks with department managers to determine which workers are needed,
many firms are offering six-figure starting salaries to graduating seniors from top universities because
To start, you need a bachelor's degree in computer science, engineering, mathematics, information technology, or a related field to make six figures in this business.
What are a few methods for making six figures?The top three fields paying six figures are technology, engineering, and finance. Numerous industries also offer in-demand positions with quick job growth rates in addition to rewarding career options. This suggests that you will earn six figures while simultaneously having a secure employment.
Why is it that some jobs pay well while others don't?The remuneration for occupations varies by employer and industry. Remuneration may vary from one employment context to another as a result of various working conditions, clients, and training requirements. job responsibilities Similar job descriptions are common among jobs in a given occupation, but the precise duties carried out may vary.
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what are some of the reasons that people are unbanked?
People can be unbanked for many reasons, including a lack of access to financial services, distrust of banks, a lack of income or savings, a lack of education, or a lack of identification documents.
What are some of the reasons that people are unbanked?
Lack of access to financial services: Some people may not have access to financial services due to their geographical location or lack of financial infrastructure in their area.
Unfamiliarity with financial services: People may be unfamiliar with the financial system and the benefits of banking, and may not understand the process of getting a bank account.
Low income: People who have low income may not be able to afford the fees associated with banking services.
Poor credit history: People with poor credit history may not be able to get approved for a bank account.
Language barrier: People who do not speak English may not be able to access financial services.
Lack of identification documents: People without identification documents may not be able to open a bank account.
What does Unbanked mean?
Unbanked refers to individuals or businesses without access to traditional banking services, such as a checking or savings account. It may mean that a person or business does not have a bank account at all, or that they are “underbanked”, meaning they have a bank account but do not use it for all their financial transactions. Unbanked customers may use alternative financial services, such as check cashing, money orders, or prepaid debit cards.
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________ is defined as reciprocal faith in others' intentions and behaviors. a. cooperation b. trust c. cohesiveness d. unity e. fairness
Trust is defined as reciprocal faith in others' intentions and behaviors. Therefore, the correct answer option is: b. trust.
What is psychology?Psychology can be defined as the scientific study of both the consciousness and unconsciousness of the human mind such as feelings, emotions and thoughts, so as to better understand how it functions and affect human behaviors in contextual terms.
What is behavior?In Psychology, behavior can be defined as the unique characteristics or qualities that depicts how a person conduct himself or herself, especially towards others and in certain circumstances such as when intoxicated, excited, joyful, suffering from a sickness or illness, etc.
In Psychology, trust simply refers to a form of reciprocal faith in the intentions and behaviors of another person or group of persons (people).
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Which type of specialized fire company generally has the primary duty of searching for victims and removing them from areas of danger or entrapment
The type of specialized fire company that has the primary duty of searching for victims and removing them from areas of danger or entrapment is the Rescue company.
What is a Fire Agency?This refers to a government or private agency that has the job of assisting in fire situations and also removing trapped people in buildings,
Hence, we can see that in the fire company, there is a specialized company that rescues victims from fire and removes them from areas of danger or entrapment and they are known as the rescue company.
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while talking to a client about non-federal tax liabilities, dana mentioned local property taxes. she told her client that tax assessments are based on ............, but every district offers discounts to certain groups, such as people over 65 and permanently disabled individuals.
Dana brought up local property taxes when discussing non-federal tax responsibilities with a customer. She explained to her client that although tax assessments are based on the value of the property, some groups.
Local property taxes are a common form of non-federal tax liability in the United States. These taxes are levied by local governments, such as counties or municipalities, and are usually based on the assessed value of a property. The tax assessment process involves determining the value of the property and then applying a tax rate to that value.
However, it's important to note that not everyone pays the same amount of property tax. Many local districts offer discounts or exemptions to certain groups, such as senior citizens or permanently disabled individuals. These discounts can take many forms, such as a reduction in the assessed value of the property or a lower tax rate.
For example, some districts may offer a homestead exemption for primary residences, which can reduce the assessed value of a property by a certain amount. Others may offer a circuit breaker program, which limits the amount of property tax that a homeowner must pay based on their income.
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Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Graphic Designers? Check all that apply.
conferring with clients
creating designs, concepts, and sample layouts
scheduling projects for clients
hiring and training new team members
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:
creating designs, concepts, and sample layouts
scheduling projects for clients
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:1,2,5,6.
Explanation:
What type of business makes physical goods that customers can see or touch?
Internet service provider
banking industry
manufacturing industry
commodities industry
Manufacturing industry, type of business makes physical goods that customers can see or touch. Thus, option (c) is correct.
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Manufacturing industry is a type of business that can produced the goods (product) are tangible form. Manufacturing industry produced two types of goods such as consumer goods and industrial goods. Customer can easily touch and feel the product.
As a result, the significance of the type of business makes physical goods that customers can see or touch are the aforementioned. Therefore, option (c) is correct.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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I rlly need answers quick guys! This isnt Business tho!
Subtracting money.
$ c. $ c.
395.12 - 275.64
Answer:
$119.48
Explanation:
hope this helped :)
What do you think of the business meeting being held at the opening of the film? How foes it differ from business meetings in america? Discuss at least 2 differences
Answer:
Business meeting is held in virtual meeting rooms or in conference rooms.
Explanation:
Business meeting should not held at the opening of the because no issue can be discussed at that time properly. Business meeting should be held at proper time and at proper place where no interference of anyone happens during meeting. In America, business meeting held in a conference rooms or in virtual meeting rooms where people from other countries also take part in the meeting through online.
a company that installs sensors to drive efficient water usage is adopting which sustainability strategy? multiple choice technological innovation product differentiation brand differentiation cost savings
A company that installs a sensors to drive an efficient water usage is adopting a sustainability strategy known as a technological innovation.
What is a technological innovation?Basically, a technological innovation refers to the economic function through which new technologies are introduced into production and consumption. It often entails need to recognize new technological possibilities, organizing the human and financial resources needed to transform them into useful products and processes and sustaining the requisite activities.
In conclusion, a technological innovation is very important because its have played a key role in facilitating radically improved standards of living.
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tripp ran 4.8 times as many laps as tony if tony ran 3.7 laps how many laps did tripp ran
Answer:
17.76 laps
Explanation:
Tony ran 3.7 laps. tripp ran 4.8 time more.
tripp ran
=3.7 x 4.8
=17.76
.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
In this market research step, the data are compiled, studied, and interpreted:
Answer:
Data Preparation/Assembling Analysis
Explanation:
In the data analysis step of Market Research, the data collected in the research are put together, arranged in an organized form, put through detailed review, properly verified by an valid process, interpreted and expounded
In the preparation and analysis step, the data is formatted by editing, coding, transcription and verification to enable accurate analysis of the collected information. Data validation process is put in place to ensure that the proper data that quantifies the desired metrics are obtained.
The process of data preparation and analysis enables the decision making process by promoting the process of suggesting conclusions, whereby useful information is highlighted by the modelling, transformation, cleaning, and inspection data analysis processes
For each of the following, describe some of the potential opportunity costs: Exercising an hour every other day. (Check all that apply.) A.Time spent with your family. B.Cost of purchasing exercise equipments C.Time spent on other leisure activities. D.Time spent working.
Exercising an hour every other day can have several potential opportunity costs. It's important to weigh these opportunity costs against the benefits of regular exercise to make informed decisions about how to allocate your time.
1. Time spent with your family: By dedicating an hour every other day to exercise, you may have less time available to spend with your family. This could impact your ability to engage in family activities, have meaningful conversations, or simply enjoy quality time together.
2. Cost of purchasing exercise equipment: If you choose to exercise at home, you may need to invest in exercise equipment, such as a treadmill or weights. The cost of purchasing these items can be a significant opportunity cost, as the money spent on exercise equipment could have been used for other purposes, such as vacations or hobbies.
3. Time spent on other leisure activities: Exercising regularly can limit the time available for other leisure activities, such as reading, watching movies, or pursuing hobbies. Choosing to exercise may mean sacrificing time that could have been spent on other enjoyable activities.
4. Time spent working: If you exercise during your free time, it may reduce the amount of time you have available to work. This could potentially impact your productivity or the amount of income you can generate.
In summary, the potential opportunity costs of exercising an hour every other day include less time spent with family, the cost of purchasing exercise equipment, reduced time for other leisure activities, and potentially less time available for work.
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please help asap thank you!!!
The total balance of the account in 40 years is $158,426.05.
The amount that Isaiah contributed is $90,000.
The interest that Isaiah earned is $68,426.05
The balance in Isaiah's account is lower than that of Pamela because the Isaiah's investment period is shorter.
What is the total balance?An annuity is when a series of payment is made over a period of time.
The amount of money that has in his account would increase at a compound rate each month. Compound growth is when the amount that Isaiah saves and the interest he has earned increases in value each month.
The formula that can be used to determine the future value in Isaiah's account is:
Future value = Monthly deposit x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
n = number of periods = number of years x compounding period = 15 x 12 = 180 r = interest rate= 7% / 12 = 0.583500 x [{(1.00583^180) - 1} / 0.00583}] = $158,426.05
Total amount contributed = monthly deposit x number of periods
500 x 180 = $90,000
Interest = future value - amount contributed
$262,631.41 - $90,000 = $68,426.05
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Suppose that the price of beer goes up due to a higher alcohol tax added. Quantity demanded for beer will ________ and consumer surplus will ________.
increase; increase
increase; decrease
decrease; increase
decrease; decrease
Quantity demanded for beer will decrease and consumer surplus will decrease.
When the price of beer goes up due to a higher alcohol tax, it becomes relatively more expensive for consumers to purchase. This causes a decrease in the quantity demanded for beer as consumers will likely look for substitutes or reduce their consumption.
Additionally, the higher price reduces consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay for a good. As the price increases, the consumer surplus decreases because consumers are no longer able to receive the same level of benefit for the same price.
Therefore, when the price of beer goes up due to a higher alcohol tax, both the quantity demanded for beer and consumer surplus will decrease.
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If you identify how much you would like your sales to grow (either percentage of dollar amount) over a given period of time; you have created a marketing goal tied to:
A- Increasing the brand awareness of your product.
B- Identifying new markets.
C- Increasing the sales of your product.
D- Identifying repeat customers.
If one had identify how much you would like your sales to grow over a given period of time; then you have created a marketing goal tied to identifying new markets to expand the goals.
What is known as marketing?Basically, a marketing generally refers those activities a company undertakes to promote the buying or selling of a product or service. It include the use of strategy as advertising, selling and delivering products to consumers or other businesses but some marketing are done by affiliates on behalf of a company.
Despite that there are various types of marketing objectives or goals, the most common types of marketing goals are profitability objective, market share objective, promotional objective and growth objective.
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Other things equal, when price falls, the quantity demanded rises. this represents the ______ relationship between the price and quantity demanded.
Answer:
negative or inverse
Explanation:
got answer from quizlet
according to the tqm strategy, what should be a company's primary goal?
According to the Total Quality Management (TQM) strategy, the main objective of a company should be continuous improvement in customer satisfaction by focusing on product quality, service and meeting customer needs and expectations.
Total Quality Management (TQM) is a management philosophy and approach that focuses on achieving excellence in quality and performance in all aspects of an organization.
It involves a commitment to continuous training and development, as well as a dedication to creating a culture of continuous improvement throughout the organization. By prioritizing quality and customer satisfaction, companies can achieve long-term success and establish a competitive advantage in the marketplace.
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How ethical values and labor contribute to the development of
country?
Answer:
Ethics serve as a guide to moral daily living and helps us judge whether our behavior can be justified. Ethics refers to society's sense of the right way of living our daily lives. It does this by establishing rules, principles, and values on which we can base our conduct.
what is business transaction
When state and local governments issue bonds, the bond owners are not required to pay federal income tax on the interest income. Because of this tax advantage, ...
The tax advantage of municipal bonds allows bond owners to potentially avoid paying federal income tax on the interest income, and in some cases, state and local income taxes as well.
When state and local governments issue bonds, commonly known as municipal bonds, the bond owners are indeed eligible for a tax advantage. The interest income generated from these bonds is generally exempt from federal income tax, making them an attractive investment option for individuals seeking tax-efficient returns.
The tax advantage associated with municipal bonds stems from the federal government's desire to encourage investment in state and local infrastructure projects. By exempting interest income from federal taxation, the government aims to lower borrowing costs for municipalities, allowing them to fund important projects such as schools, roads, hospitals, and utilities more easily.
However, it's essential to note that the tax advantage applies only to federal income tax. Depending on the bondholder's residency and the state where the bonds are issued, the interest income may also be exempt from state and local income taxes, further enhancing the tax benefits.
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the minimum amount of owners' equity in a bank mandated by regulators is called a _____ requirement a. reserve b. margin c. liquidity d. capital
The minimum amount of owners' equity in a bank mandated by regulators is called a capital requirement.
A capital requirement is the minimum amount of owners' equity that a bank must maintain to ensure it is financially sound and can meet its obligations to depositors and other creditors. The capital requirement serves as a buffer against unexpected losses, ensuring that the bank can absorb losses without becoming insolvent. Capital requirements also promote stability in the banking system by encouraging banks to maintain a level of financial strength that reduces the likelihood of failure and protects depositors and other creditors from losses.The capital requirement is typically expressed as a percentage of a bank's risk-weighted assets. Risk-weighted assets are calculated by assigning a weight to each asset based on its level of risk. Assets that are more risky, such as loans to borrowers with poor credit histories, are assigned a higher weight than less risky assets, such as cash or government securities. The sum of the risk-weighted assets is then multiplied by the required percentage to determine the minimum amount of capital that a bank must maintain.
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a cash cow, in the bcg framework, refers to a business that has group of answer choices high market growth and relatively high market share. relatively low market share and low market growth. relatively low market share and high market growth. low market growth and relatively high market share.
A cash cow, in the BCG Framework, refers to a business that has low market growth and relatively high market share. This is because a cash cow has already achieved a large market share and does not have a lot of competition in the market, but does not have a large potential for growth.
The BCG matrix is a strategic planning framework used by businesses to evaluate and analyze their product portfolios. The BCG matrix categorizes a company's products into one of four categories: Stars, Question Marks, Cash Cows, and Dogs.
The market growth rate of an industry is represented on the horizontal axis, while the relative market share of a company's product is represented on the vertical axis. The size of the circle in each quadrant represents the total revenue generated by that product or business line.
A "Cash Cow" is a product or business line that generates a high level of revenue but has a low growth rate. This means that the product or business has already captured a large share of its target market, and growth opportunities are limited.
However, because the product is still generating significant revenue, it can be used to fund other business lines or investments within the company.
A "Cash Cow" is considered a desirable category for products or business lines because they require minimal investment to maintain their market share, and they provide a reliable source of income for the company.
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The natural rate of unemployment prevails when:
A. the AD curve intersects the SRAS curve.
B. the number of unfilled jobs is matched by the number of qualified workers.
C. agricultural unemployment equals manufacturing unemployment.
D. unemployment is minimized.
The natural rate of unemployment prevails when: B. the number of unfilled jobs is matched by the number of qualified workers.
What is natural rate of unemployment?The natural rate of unemployment is the rate of unemployment that exists when the labor market is in equilibrium, meaning that the number of job openings available matches the number of qualified workers seeking employment.
At this rate, there is no cyclical unemployment, which is the unemployment that results from fluctuations in economic activity. The natural rate of unemployment includes only frictional and structural unemployment, which are caused by factors such as job search, job matching, and changes in the structure of the economy.
Option B correctly describes the conditions that must be met for the natural rate of unemployment to prevail. When the number of unfilled jobs is equal to the number of qualified workers, there is no cyclical unemployment caused by a lack of demand for labor, and the economy is operating at its potential output level. This level of unemployment is considered to be the "natural" rate because it is not influenced by short-term fluctuations in aggregate demand or supply.
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what is the price of a european call option on a non-dividend-paying stock when the stock price is $52, the strike price is $50, the risk-free interest rate is 12% per annum, the volatility is 30% per annum, and the time to maturity is three months?
The price of the European call option is $4.79.
To calculate the price of a European call option on a non-dividend-paying stock, we need to use the Black-Scholes formula. The formula takes into account five variables: the current stock price (S), the strike price (K), the time to maturity (T), the risk-free interest rate (r), and the volatility of the stock (σ).
Using the given values:
S = $52 (current stock price)
K = $50 (strike price)
T = 3/12 = 0.25 (time to maturity in years)
r = 12% per annum = 0.12 (risk-free interest rate)
σ = 30% per annum = 0.30 (volatility)
We can plug these values into the Black-Scholes formula:
\(C = SN(d1) - Ke^{(-r*T)*N(d2)\)
where:
\(d1 = (ln(S/K) + (r + \sigma ^2/2)T) / (\sigma sqrt(T))\\d2 = d1 - \sigma\times \sqrt{t}\)
N() is the cumulative distribution function of the standard normal distribution
Plugging in the values, we get:
\(d1 = (ln(52/50) + (0.12 + 0.30^2/2)0.25) / (0.30\sqrt{0.25} )) = 0.7229\\d2 = 0.7229 - 0.30\times sqrt(\sqrt{0.25} ) = 0.5329\\N(d1) = 0.7669\\N(d2) = 0.7021\\C = 520.7669 - 50e^{(-0.12\times 0.25)\times 0.7021 = $4.79\\\)
Therefore, the price of the European call option is $4.79.
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