An unfavorable labor quantity variance may be caused by_____.
A) worker fatique or carelessness.
B) higher pay rates required by union contracts.
C) paying workers higher wages than expected.
D) assigning workers to different products than they normally make
Answers
It can be inferred that an unfavorable labor quantity variance can be caused by fatigue and carelessness of the worker, this is because the actual working time will be higher than the established standard working time.
Furthermore, the labor rate variance measures the difference between actual and forecasted labor costs. It is calculated from the difference between the salary actually paid and the normal rate, multiplied by the number of hours actually worked. The formula is:
(Actual Rate - Standard Rate) x Actual Hours Worked = Pay Rate
In conclusion, an unfavorable variance means that labor costs were higher than expected, while a favorable variance indicates that labor costs were lower than expected. This information can be used for planning purposes in developing budgets for future periods and as a feedback loop for employees responsible for the direct work component of an organization. For example, the variance can be used to assess the performance of a company's collective bargaining workers in setting hourly rates with the company's union for the next contract period.
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Related Questions
When companies market to consumers who seek help from brands to manage their lives, ________ segmentation is being used.
Answers
When companies market to consumers who seek help from brands to manage their lives, psychographic segmentation is being used.
What type of segmentation is being used here?Psychographic segmentation is a marketing strategy that involves dividing consumers into groups based on their psychological traits, attitudes, beliefs, values, interests, and lifestyles.
When companies target consumers who are actively seeking assistance from brands to manage various aspects of their lives, they are likely employing psychographic segmentation.
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What are the journal entries to record a cash sale of inventory?.
Answers
Answer:
In the case of a cash sale, the entry is:
[debit] Cash. Cash is increased, since the customer pays in cash at the point of sale
.[debit] Cost of goods sold. ..
. [credit] Revenue. ...
[credit]. ...
[credit] Sales tax liability.
Explanation:
In the case of cash sales, the “cash account” is debited, whereas “sales account” is credited with the equal amount.
the exponential form of 6×6×6×6 is 6 the base is 4 True or False?
Answers
Carter invested $3,900 in an account paying an interest rate of 3. 9% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 5 years?
Answers
$822.18 is how much earned interest so add $3,900 and you get $4,722.18
Answer: 4700
Explanation:
The initial investment is $1,440,000 and is depreciated over six years (straight-line) and will be sold at the end of five years for $380,000 cost of capital is ...
Answers
The cost of capital is 8%.
The cost of capital refers to the required rate of return or interest rate that a company uses to evaluate investment opportunities. In this case, the initial investment is $1,440,000, which is depreciated over six years using the straight-line method. At the end of the five-year period, the asset will be sold for $380,000.
To determine the cost of capital, we need to consider the time value of money and the return expected by the investors. In this scenario, the cost of capital is given as 8%. This means that the company expects a return of 8% on its investment to compensate for the risk and time value of money.
The straight-line method of depreciation evenly spreads the cost of the asset over its useful life. In this case, the asset is depreciated over six years, meaning that the annual depreciation expense would be $1,440,000 divided by 6, which is $240,000.
At the end of the five-year period, the asset is sold for $380,000. This amount represents the cash inflow from the sale of the asset. To calculate the net present value (NPV) of the investment, we need to discount the cash flows to the present value using the cost of capital.
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What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST
Answers
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
What is AutomationAutomation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
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why would a firm develop an advantage in switching from promotion to communication in the marketing mix?
Answers
Shifting from promotion to communication in the marketing mix allows a firm to engage with its target audience through multiple channels, foster deeper connections, and tailor messaging effectively, leading to improved customer satisfaction and loyalty.
A firm may develop an advantage by shifting its focus from promotion to communication in the marketing mix for several reasons. Firstly, communication encompasses a broader range of activities compared to promotion alone.
While promotion primarily involves advertising and sales promotion, communication includes various elements such as public relations, direct marketing, and personal selling. By embracing a holistic communication strategy, a firm can engage with its target audience through multiple channels and touchpoints, fostering deeper connections and understanding.
Secondly, communication allows for two-way interaction and dialogue with consumers, whereas promotion tends to be more one-sided. By actively listening to customer feedback, preferences, and concerns, a firm can tailor its messaging and offerings more effectively. This leads to improved customer satisfaction and loyalty, ultimately enhancing the firm's competitive advantage.
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A company's current stock price is $22.00 and its most recent dividend was $0.75 per share. Since analysts estimate the company will have a 12 percent growth rate, what is its expected return? a. 348 percent. b. 12.00 percent. c. 15.82 percent. d. 3.00 percent.
Answers
Answer:
The Expected return is C.
Explanation:
A company's Current stock price is $22.00. so, stock Price = $22.00.The most recent dividend was $0.75 per share.So, Dividend = $0.75.The company's Growth rate is 12 percent.So, Growth Rate = 12%Dividend Yield is the ratio of annual return on investment dividends received from a company's stock.DIvidend Yield = Dividend / Stock price = $0.75 / $22.00 =0.034l = 3.82%.The Expected Return is the summation of the Dividend Yield and the Growth Rate.Expected Return = Dividend Yeild + Growth RateExpected return = 3.82% + 12% = 15.82%.To know more about Dividend,
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If analysts estimate the company will have a 12 percent growth rate, then its expected return is d. 3.00 percent.
How to find?To calculate the expected return, we need to use the dividend discount model (DDM). The DDM states that the value of a stock is the sum of all its future dividends discounted back to the present at a required rate of return. In this case, we know the current stock price and the most recent dividend, so we can use the formula:
Expected Return = (Dividend / Current Stock Price) + Growth Rate
Expected Return = ($0.75 / $22.00) + 0.12 = 0.0341 or 3.41%
This means that the expected return for this stock is 3%, which is lower than the estimated growth rate of 12%.
This could indicate that the stock is currently overvalued, or that the market expects the company to experience challenges in achieving its estimated growth rate.
Therefore, the answer is d. 3.00 percent (rounded to the nearest whole number).
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The culture of a country in which a facility is located has an important influence on human resource management (HRM) practices. Other important factors are the education and skill level of a country's labor markets, its political-legal system, and its economic system.
When a company operates in many different countries, its HR managers need to develop expertise in each country's economic system and political-legal system and gain knowledge about the education and skill levels of the country's workers. HR practices, such as performance management, hiring and recruiting, compensation, training, and policies that reflect the laws and regulations to which the company is subject, all impact its HRM decisions.
This activity is important because these factors affect a company's HRM strategies, which is critical in an age of increasing globalization.
The goal of this activity is to determine which factor most strongly influences human resource management in international markets.
Read each action taken related to an HR policy, then select the appropriate factor to which it most closely pertains.
1. The Japanese subsidiary reduced the emphasis on individual performance evaluations because performance was based on a collective rather than on an individual outcome.
2)2. Changes in European Union employment laws prevented the French subsidiary from implementing its downsizing strategy as planned.
3. The availability of low-cost, high-quality engineers caused the company to move its Asian resource and development center from Tokyo to Shanghai.
4. To encourage workers from capitalist countries to move to countries under socialist systems, such as Poland, the company needed to ensure that those expatriates would keep more of their earnings.
5. The Dutch subsidiary increased hiring and also expanded operations as a result of the availability of high-caliber scientists.
6. The process for filing evaluation forms for employees in the German subsidiary was redesigned because German law allows Germans the right to see their own personnel files.
7. The Russian subsidiary struggled to get employees to pursue advanced science degrees because, under communism, the tie between level of education and salary increases was not common.
8. Collaboration between the Chinese and British subsidiaries collapsed due to differences in the prevailing communication styles in the two countries.
Options
a)Cultural
b)Political -Legal
c)Education and Skills
d)Economic System
Answers
Answer: Cultural
2. Political-Legal
3. Education and skills
4. Economic system
5. Education and skills
6. Political-Legal
7. Economic system
8. Cultural
Explanation:
Cultural factor are the beliefs, values and the traditions that affects an organization.
The political-legal factor refers to the policies and the laws in place which affect a business.
Education and skills are the skills that are possessed by an individual and their level of education which has an impact on a business.
Economic system refers to the way through which societies organize and distribute the resources in the economy.
Based on the above definition, the answers to the questions will be:
1. Cultural
2. Political-Legal
3. Education and skills
4. Economic system
5. Education and skills
6. Political-Legal
7. Economic system
8. Cultural
A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the fee) to S2 (with the fee). The fee is based on number of units sold and therefore works like a per-item tax paid by sellers. Use the area tool to draw the area representing the state's monthly revenue from the licensing fee for this one type of device.
Answers
Answer: hello your question is incomplete attached below is the complete question
answer ; Government revenue from tax = $750,000 per month
Explanation:
Attached below is the required graph
Government revenue from tax ( per month )
= ( 450 - 30 ) ( 50 - 0 )
= $750,000 per month
Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.
Answers
Answer:
economic rent of $65,000
Explanation:
Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum
Economic rent = $150,000 - $85,000 = $65,000
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Without the regulation, economic profit would be driven to zero.
what ad tracking method should you use to identify which marketing campaign referred traffic to your website?
Answers
The ad tracking method that should be used to identify which marketing campaign referred traffic to your website is called "UTM tracking."
UTM (Urchin Tracking Module) tracking involves adding unique tracking parameters to your campaign URLs that are recognized by your website analytics software. These parameters can include information such as the source of the traffic, the medium, the campaign name, and more. By using UTM tracking, you can easily see which specific campaign or ad is driving traffic to your website, and track the effectiveness of each campaign. This information can be used to optimize your marketing strategy and improve the return on investment of your advertising spend.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
Answers
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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*URGENT HELP NOW*
What is the last step in planning your budget?
A.
ensuring your goals have flexible characteristics
B.
understanding your wants
C.
review and revisions
D.
determining your take-home income
Answers
Answer:
c
Explanation: last step is always review
Answer:
review and revisions
Explanation:
just took the test on PLATO and aced it.
Fixed costs are _____.
a. the costs related to the product that have to be paid regardless of the amount you sell
b. the costs that change depending on a company's performance
c. the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
d. none of the above
20 POINTS HURRY PLZZZ
Answers
Answer:
d. none of the above
Explanation:
Fixed costs are a firm's expenses that remain constant in a financial period. These are the costs that are not affected by the level or quantity of output. Fixed costs are the costs of staying in business because they have to be paid regardless of output level. Examples of fixed costs include rent, administrative salaries, insurance, depreciation, and license fees.
Costs that vary depending on company performance are variable costs. Opportunity costs are the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
Answer:
The answer is A. the costs related to the product that have to be paid regardless of the amount you sell
Explanation:
When a manager creates a budget that is too easy to attain, ______ occurs.
Answers
Answer:
Explanation:
budgetary slack
Analysis of Competitors If I launch a new application that tracks waste collection and recycling of useful materials by collaborating with recycling industries such as cloth, glass, e-waste, paper, and so on
1. PEST Analysis 2. Risk Velocity Heat Map 3. Porter Five Forces Analysis 4. Direct Competitor Analysis
5. Perceptual Map 6. Strategic Group Mapping Please provide a detailed response.
Answers
Here is a detailed response to your question about analyzing competitors for your new waste collection and recycling application:
1. PEST Analysis: Conducting a PEST analysis helps you understand the external factors that may impact your business. It stands for Political, Economic, Social, and Technological factors. For your waste collection and recycling application, you would examine how government regulations, economic conditions, social attitudes towards recycling, and technological advancements might affect your business. 2. Risk Velocity Heat Map: A risk velocity heat map allows you to assess the speed at which risks can impact your business and their potential consequences. You can use it to identify and prioritize potential risks related to launching and operating your application. Consider risks such as competition from existing waste collection and recycling apps, legal challenges, market saturation, and technology failures. 3. Porter Five Forces Analysis: The Porter Five Forces analysis helps you understand the competitive landscape in your industry. It examines the bargaining power of suppliers and customers, the threat of new entrants, the threat of substitute products or services, and the intensity of competitive rivalry. Conduct this analysis to evaluate the attractiveness of the waste collection and recycling market and identify potential competitive threats. 4. Direct Competitor Analysis: A direct competitor analysis involves analyzing your direct competitors in the waste collection and recycling app market. Identify other apps that provide similar services and compare their features, pricing, target audience, and market share. This analysis helps you understand your competition's strengths and weaknesses, allowing you to differentiate your application and offer unique value to your target customers. 5. Perceptual Map: A perceptual map is a visual representation that helps you understand how customers perceive different products or brands in the market. It allows you to position your waste collection and recycling app relative to other existing apps. Identify key dimensions that customers consider important, such as user-friendliness, reliability, or sustainability, and plot your app and competitors on the map. This analysis helps you identify any gaps in the market that your app can fill. 6. Strategic Group Mapping: Strategic group mapping helps you understand the competitive dynamics within your industry by grouping competitors based on similar strategies and market positions. Identify the key players in the waste collection and recycling app market and categorize them based on factors like target audience, pricing strategy, or service offerings. This mapping can help you identify potential collaboration opportunities or areas where you can differentiate your app from competitors.
By conducting these analyses, you will gain a comprehensive understanding of your competitors, market conditions, and potential risks. This knowledge will enable you to make informed strategic decisions and position your waste collection and recycling app for success.
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According to the video, what qualities do Psychiatrists need? Check all that apply.
persistence
leadership skills
knowledge of medicine
teamwork
knowledge of surgical techniques
empathy
communication skills
Answers
Answer: A, C, F, G
Explanation:
Answer:
A, E, & F
Explanation:
Picture below⬇️
A food manufacturing company that manufactures processed foods is trying to increase sales of its products by making them available in all general and convenience stores rather than just in supermarkets and large department stores. What type of utility is the company trying to create in this case?.
Answers
The form of utility is the enterprise trying to create in this situation: Place utility.
Software offerings encompass telecommunications, electric utilities, natural fuel, positive transportation services, and also water and wastewater treatment offerings furnished by means of private groups. There are four primary concepts that fall under this umbrella, such as shape application, time application, area software, and possession application.
Utility Definition – it is a measure of pleasure a character receives from the intake of commodities. In different phrases, it is a size of usefulness that a patron obtains from any suitable. Software is a degree of the way tons one enjoys a movie, favorite meals, or other items. As a topic of economics, the software is used to model really worth or fee. Its usage has developed drastically through the years. The time period changed into delivered to start with a degree of satisfaction or happiness as part of the principle of utilitarianism with the aid of moral philosophers such as Jeremy Bentham and John Stuart Mill.
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The graph presents a production possibilities curve, or frontier, PPF for the nation of New Carnitas. Each point on this curve represents a combination of steak and potatoes that this country can produce given its resources and technology. Based on the information in the graph, place the points as indicated.
Point A is an attainable and efficient combination of steak and potatoes.
Point B is consistent with the full employment of available resources.
Between points C and D, the opportunity cost of 1 pound of steak is 2 pounds of potatoes.
Between points E and F, the opportunity cost of 1 pound of potatoes is 3 pounds of steak.
Point G represents an unattainable combination of steak and potatoes.
Point H represents an inefficient use of New Carnitas's resources.
Answers
Given that the graph is not shown here these are the basic points in a production possibility curve.
The attainable point in a production possibility curve
This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.
The full employment of resources on the PPCThis is the point that has all the resources in the economy being used in the production of goods and resources.
The unattainable point in a PPCThe unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.
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the standard cost for ______ manufacturing overhead is computed the same way as the standard cost for direct labor.
Answers
The standard cost for variable manufacturing overhead is computed the
same way as the standard cost for direct labor.
This is true as the both of them measure the degree to which a person works in an organization.This is usually measured by dividing the expected
manufacturing variable with the amount of time taken.
This also tells the amount of wages which an individual will receive usually at the end of the week or month.
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How does this business attract customers and keep them happy? Customer service Creativity and innovation
Answers
Answer:
Explanation:
This business attracts customers by offering excellent customer service and maintaining a high level of creativity and innovation in their products. They keep customers happy by constantly improving their products and services and always keeping them up to date with the latest innovations.Other ways this business might attract customers include offering competitive pricing, providing a high level of quality, and always being available to answer any questions or concerns they may have.
11. Calculating the price elasticity of supply Felix is a stay-at-home parent who lives in Houston and does some consulting work for extra cash. At a wage of $25 per hour, he is willing to work 4 hours per week. At $40 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately , which means that Felix's supply of labor over this wage range is
Answers
Answer:
The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.
Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.
Explanation:
From the question, we have:
New number of hours willing to work = 10
Old number of hours willing to work = 4
New wage = $40
Old wage = $25
Generally, the formula for calculating the price elasticity of labor supply is as follows:
Price elasticity of labor supply = Percentage change in hours willing to work / Percentage change in wage ................ (1)
Where, based on the midpoint formula, we have:
Percentage change in hours willing to work = {(New number of hours willing to work - Old number of hours willing to work) / [(New number of hours willing to work + Old number of hours willing to work) /
2]} * 100 = {(10 - 4) / [(10 + 14) / 2]} * 100 = 50%
Percentage change in wage = {(New wage - Old wage) / [(New wage + Old wage) / 2]} * 100 = {(40 - 25) / [(40 + 25) / 2]} * 100 = 46.1538461538462%
Substituting the values into equation (1), we have:
Price elasticity of labor supply = 50% / 46.1538461538462% = 1.08333333333333
Approximated to 2 decimal places, we have:
Price elasticity of demand = 1.08
The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.
Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.
In the accounting equation, assets are equal to which two things?
A. Debits + equity
B. Debits + accounts
C. Liabilities + equity
D. Liabilities + accounts
Please select the best answer from the choices provided
A
B.
OOOO
С
D
Answers
Answer:
C. Liabilities + equity
Explanation:
Edg 2021 ...
How does specialization affect voluntary exchange between countries?
Answers
Answer:
It increases voluntary exchange by encouraging other countries to be less self-sufficient
Explanation:
1. A group of people order pencils, the bill was $1.87 if the original price of each was .15 cents and the price has risen , how much does each cost.
The cost of each pencil is ____cents.
2. find the LCM of this set of numbers 14, 28, and 98. The LCM is _____.
3. Fill in the blank with the greatest digit that makes the statement true.
9/__3673
Answers
1. The cost of each pencil is 14.4 cents.
2. For the set of numbers 14, 28, and 98, the LCM is 196.
3. The greatest digit that makes the statement true is 9/93673
1. To find the cost of each pencil, first divide the total bill by the original price of each pencil:
$1.87 / $0.15 ≈ 12.47
Since there cannot be a fraction of a pencil, round the result up to 13, which indicates that 13 pencils were ordered.
Now, divide the total bill by the number of pencils to find the new cost of each pencil:
$1.87 / 13 ≈ $0.144
The cost of each pencil is approximately 14.4 cents.
2. To find the LCM (Least Common Multiple) of the numbers 14, 28, and 98, first find the prime factors of each number:
14 = 2 * 7
28 = 2^2 * 7
98 = 2 * 7^2
Now, find the highest power of each prime factor in the factorizations:
2^2 and 7^2
Multiply these together to get the LCM:
2^2 * 7^2 = 4 * 49 = 196
The LCM is 196.
3. The greatest digit that makes the statement 9/93673 true is 9. To make this statement true, you need to find the largest digit that will make 9 divisible by the digit. The largest digit for which 9 is divisible is 9 itself. Hence the answer is 9/93673.
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Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions. From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge?
(A) $575
(B) $1200
(C) $1050
(D) $480
(E) $1237
Answers
Full question(find attached) :
Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions.
From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge?
A) $575
B) $1200
C) $1050
D) $480
E) $1237
Answer and Explanation:
Credit card processing firms charge an average of 3.5% and a flat fee of about 20 cents so we would make our comparison on this basis:
Since Faiz decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions
The customer would pay $50000/100= $500 per instalment
Given the information I'm the table from question Instant wallet charges 3.5% +$0.20 for transactions lower than $1500
= 0.035*$500+$0.20=17.5+0.20=$17.7
An average credit card processing firms would charge :
0.035*500+$0.35=17.5+0.35= $17.85
Therefore instant wallet is cheaper and would save a customer =$17.85-17.7= $0.15
What is the term for all resources that come into the firm from operating activities?.
Answers
Answer:
revenue? (sorry if im wrong)
Which stakeholder groups does ceo mark tercek identify as potential partners in advancing environmental causes?.
Answers
Businesses, governments, and environmental groups are CEO Mark Tercek identified as potential partners in advancing environmental causes.
MARK TERCEK ENVIRONMENTAL OPINIONMark Tercek is a former CEO of The Nature Conservancy, a senior investment banker at Goldman Sachs, and a current member of RFF's President's Council. Tercek describes how major corporations, such as Micr0soft and Stripe, have recently announced extensive environmental plans and committed to new levels of transparency, in part because corporate leaders are becoming more aware of the economic implications of climate change and want to demonstrate to the public that they are making the necessary changes.
While concerns about greenwashing have long made environmentalists cautious of corporate climate ambitions, Tercek reflects on his experience leveraging private funds to safeguard environmental health and argues that a consensus between top firms and environmental organizations is achievable.
In his opinion, the commercial sector (companies and governments) and the environmental community should invest more in getting to know one another better and learning how to collaborate more effectively. This makes perfect sense if individuals believe that the private sector may be one of the most significant drivers of environmental development. However, they are the causes of everything that occurred today.
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what is a housefly plssss help
Answers
Answer:
a common small fly occurring worldwide in and around human habitation. Its eggs are laid in decaying material, and the fly can be a health hazard due to its contamination of food.