Illegal or unregistered businesses. The informal sector is a term used to describe economic activities that are not regulated by the government and are not necessarily legal.
What is informal sector ?The informal sector is a term used to describe economic activities that are not regulated by the government and are not necessarily legal. These activities may include unregistered businesses, illegal enterprises, and other economic activities that operate outside the formal economy.The informal sector can include a wide range of businesses and economic activities, such as small vendors and street vendors, informal service providers, and informal manufacturers. It can also include informal workers, such as day laborers and domestic workers, who may not have a formal employment contract or may not be covered by labor laws.The informal sector is often characterized by informality, lack of regulation, and lack of access to formal credit and financial services. It can be an important source of employment and income for individuals and households in developing countries, but it can also be associated with poor working conditions and low wages.To learn more about informal sector refer :
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An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
To initiate a strategic move that allows a firm to open up new and uncontested market space through value innovation, managers must address four key questions when formulating a blue ocean business strategy. These questions focus on Multiple Choice lowering cost and maintaining perceived customer benefits. lowering cost and increasing perceived customer benefits. increasing cost and increasing perceived customer benefits. increasing cost and maintaining perceived customer benefits.
The correct option is: lowering cost and increasing perceived customer benefits. To initiate a strategic move that allows a company to open up new and uncontested market space through value innovation.
What is a value innovation strategy?It corresponds to a strategic planning that institutes organizational actions to achieve market goals, from positively changing consumer perception, creating essential benefits, such as quality, design and lower price than competitors.
Therefore, value innovation is a favorable strategy for organizations to develop innovative marketing aligned with the desires and needs of potential consumers, generating positioning and competitive advantage for the company.
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suppose the marginal propensity to consume is 0.8. if the government cut taxes by $100 billion, then real gdp would increase by $400 billion.T/F
The given statement " the marginal propensity to consume is 0.8. if the government cut taxes by $100 billion, then real gdp would increase by $400 billion " is True.
The marginal propensity to consume (MPC) is the proportion of additional income that a household or individual spends on consumption. In this case, the MPC is 0.8, meaning that for every additional dollar of income, 80 cents will be spent on consumption.
If the government cuts taxes by $100 billion, households will have more disposable income to spend. Given the MPC of 0.8, households will spend 80% of this extra income on consumption, which is $80 billion. This $80 billion in extra consumption will lead to a further increase in demand for goods and services, and this will in turn lead to an increase in production and output.
If the increase in production and output is $400 billion, then the multiplier effect is 4, which is calculated as follows: 1/(1-MPC) = 1/(1-0.8) = 1/0.2 = 5. This means that for every dollar of tax cut, there will be a $5 increase in real GDP. Therefore, the statement is true.
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In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answer:
15 is the answer you are looking
Anyone know how to work powerpoint?
After a basketball tournament, nine of the team members go out to The Cheesecake Factory to celebrate your winning with a victory dinner. You all order dinner plus some people get dessert. When the check comes the waiters says it all has to be one ticket. What is the best option for this payment scenario?
The best option for this payment scenario is through credit card, a person may initially pay the whole amount while the rest of the team members can transfer their amount of dinner to the person who made the payment at the restaurant through P2P.
What is Credit Card?Credit card is the card that is issued by a bank and the card holder can avail the cash limit provided to him/her, without having an actual amount in the account. The credit card can be used for shopping and more and the bill for the credit card is generated at the end of the month and the payment by card holder is made, if the card holder delays the payment an interest is charged on the rate.
At the cheesecake Factory the payment can be made through a credit card and the other team members may transfer the amount to the person who makes the payment at restaurant with a credit card.
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sustainable competitive advantage can be easily maintained after competitors are able to duplicate or develop a compelling substitute.truefalse
This statement "Sustainable competitive advantage cannot be easily maintained after competitors are able to duplicate or develop a compelling substitute" is false.
A sustainable competitive advantage is a long-term edge that a company possesses over its competitors, allowing it to consistently outperform them in terms of sales, profits, and growth.To maintain its advantage, the company must take the following steps:
1. Continuously innovate: By consistently developing new and improved products, services, or business processes, a company can stay ahead of competitors and maintain its advantage.
2. Strengthen brand loyalty: By creating a strong brand that customers trust and are loyal to, a company can make it more difficult for competitors to gain market share, even if they offer a similar product or service.
3. Protect intellectual property: By securing patents, copyrights, and trademarks, a company can prevent competitors from copying its products or services, preserving its competitive advantage.
4. Invest in research and development: By dedicating resources to research and development, a company can continue to improve its products or services, making them more difficult for competitors to duplicate or surpass.
5. Develop strong relationships with suppliers and customers: By cultivating strong relationships with key stakeholders, a company can secure better pricing, quality, and service, making it more difficult for competitors to gain an edge.
In conclusion, while a sustainable competitive advantage is highly desirable, it cannot be easily maintained if competitors are able to duplicate products or services or develop compelling substitutes.
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Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities all investments plus the money in the bank all investments plus the money in the bank minus debt total assets
Answer:
Assets minus the total value of liabilities
Consumer wealth is defined as the total value of assets minus the total value of liabilities. Thus, the statement "assets minus the total value of liabilities" is the correct statement.
What is the wealth effect?According to the wealth effect, a behavioral economic hypothesis, people spend more money as the value of their possessions increases. Consumers are supposed to feel more financially secure and wealthy as the value of their houses or investment portfolios rises. Even if their income and fixed costs remain the same as before, they are made to feel wealthier.
The wealth effect captures the psychological impact of growing asset prices, such as those that take place during a bull market, on consumer purchasing patterns. The idea focuses on how significant rises in the value of investment portfolios boost consumers' emotions of security, sometimes known as their level of confidence. Increased confidence results in more spending and lower saving rates.
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Which is the best example of ethical investing?
A. Lucy buys stock in a local recycling company.
B. Fred invests in a makeup company that tests on animals.
C. Rick buys stock in a company that moved its operation to a state
that will let it flush its pipes into nearby waterways.
O D. Ethel invests in a company that saves money by paying its staff
low wages.
Answer:
A. Lucy buys stock in a local recycling company.
Explanation:
For tax-reporting purposes, qualified dividends are considered to be what type of income? A) Phantom. B) Passive. C) Portfolio. D) Earned
For tax-reporting purposes, qualified dividends are considered to be (c) portfolio income.
Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits. The tax treatment of dividends depends on whether they are classified as qualified or nonqualified.
Qualified dividends are dividends that meet certain requirements set by the Internal Revenue Service (IRS). In general, to be considered qualified, dividends must be paid by a U.S. corporation or a qualified foreign corporation, and the shareholder must have held the stock for a certain period of time (usually at least 60 days for common stock, or 90 days for preferred stock).
Qualified dividends are taxed at the same rate as long-term capital gains, which is generally lower than the tax rate for ordinary income. This makes them a particularly attractive form of income for investors.
Portfolio income is income generated from investments, such as dividends, interest, and capital gains. This is in contrast to earned income, which is income from wages, salaries, and self-employment. Passive income, on the other hand, generally refers to income that is earned without active involvement, such as rental income or royalties.
In summary, for tax-reporting purposes, qualified dividends are considered to be portfolio income, which is income generated from investments such as dividends, interest, and capital gains.
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Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help.a. Trueb. False
The given statement "Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help" is true. Incubators provide start-up companies with inexpensive offices and essential services like accounting, legal counsel, and secretarial assistance during their crucial early development stage.
According to SCORE business counsellor Ron Consolino, the U.S. Small Business Administration asserts that five factors—drive, thinking ability, people skills, effective communication, and technical aptitude—determine a small business owner's success. These are the people who frequently use their own funds to finance companies. This investment may be made in accounting for stock or a stake in the company. When management is no longer able to personally oversee or control an organization's operations, the internal controls become crucial.
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Answer:
incubators
Explanation:
how do you get into Harvard law school
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
Answer:
Amount of the loan origination fee = $7,500
Explanation:
Given:
Purchase cost of house = $500,000
Down payment cost = $50,000
Lender charges point = 1.5 points[%]
Find:
Amount of the loan origination fee
Computation:
Amount of the loan origination fee = Purchase cost of house x Lender charges point
Amount of the loan origination fee = 500,000 x 1.5%
Amount of the loan origination fee = $7,500
Ricky is working for Matt, a buyer client, who is interested in a property at which the listing agent offers compensation to cooperating agents. The listing agent has offered Ricky or any cooperating agent additional compensation if the transaction closes within 40 days. Is this ethical
why might a company decide to outsource (i.e., buy) a product that they currently make in their company-owned operations?
Companies outsource to save costs or improve the value of their goods. There are several options when deciding whether to outsource a business' operations or production.
The use of outsourcing has increased as a way for businesses to cut expenses and concentrate on what they do best. A business precise known as outsourcing involves a corporation hiring a third party to carry out duties, manage operations, or offer services on their behalf.
Reduce and manage operating expenses. Enhance the company's focus. liberate internal resources for fresh endeavors. Increase output for some time-consuming tasks for which the organization may lack the resources.
The finest examples of outsourcing include website creation, office and warehouse cleaning, and advertising.
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Jobs sights on the internet tend to be all alike. True or false?
Please help I’ll give Brainly to the best answer thanks!
Answer: True
Explanation:
QUESTION 4 of 10: When a hotel "comps" a room, the hotel:
a) Sets the room rate equal to competitors' rates
b) Provides the room for free
c) Provides a complete rate with room and meals packaged together
Answer:
B) The hotel Provides the room for free.
** Brfly Explain heterogenus Product Merrels Chereleristic of impate How would the entrance of Competition apport the economy
Heterogeneous products refer to goods or services that have distinct features that differentiate them from competing products in the market.
In Monopolistic Competition, heterogeneous products play an important role. The heterogeneous products are close substitutes but not perfect substitutes given the differentiation.
The entrance of new competition in the economy in monopolistic competition has generally a positive effect. Some of them are:
It firstly increases the overall production in the economy.With more goods, more can be supplied at lower prices.The mere presence of competition pushes firms to innovate and gain more efficiency in order to either survive in the market or gain an upper hand for some time.Hence, the entry of competition plays a positive role in the economy.
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A backpack is normally $64. 99, but on sale, it is marked down to $45. 49. What percent off is the sale price?.
A backpack is normally $64. 99, but on sale, it is marked down to $45. 49. The percent off on the sale price is 30%.
A backpack in its simplest form is a canvas bag that is strapped on the back and secured with two shoulder straps, but it can have an outer frame and an inner frame and also include a storage bag.
Backpacks are commonly used by hikers and students and are generally preferred over handbags for carrying heavy objects or carrying any kind of equipment due to limited ability to carry heavy objects for long periods of time. on hand. Large backpacks, used to carry items weighing more than 10 kg, as well as smaller sport backpacks, typically drop most of their weight on padded hip belts, leaving the straps mostly alone. shoulder to stabilize the load.
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Neoclassical economists believe that to help grow the economy, economists should focus on ________?
Neoclassical economists believe that to help grow the economy, economists should focus on aggregate supply.
What do you mean by aggregate supply?The amount of all commodities and services produced in an economy at all potential price levels at any one time is known as the aggregate supply. The total amount of goods and services consumed in an economy at all potential price levels at any one time is known as aggregate demand.
There are two primary factors that make up aggregate supply: consumption and saving. The majority of money is used to purchase goods and services, with the remaining amount going toward savings. National income (Y) or aggregate supply (AS) therefore equals the total of consumption expenditures (C) and savings (S).
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what is the law of demand and supply
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
16) A main benefit for manufactures of just-in-time delivery is...A) That it reduces the money a manufacturer uses for wasteful inventoryB) that it improves delivery time to the customerC) That it allows the manufacturer to reduce factory sizeD) A and C
The main benefit for manufacturers of just-in-time (JIT) delivery is that it reduces the money a manufacturer uses for wasteful inventory. So, correct option is A.
With JIT, the manufacturer only produces goods when they are needed, which eliminates the need for storing inventory. This reduces the costs associated with holding and managing inventory, such as warehousing, handling, and obsolescence.
Another benefit of JIT delivery is that it can improve delivery time to the customer. Since the manufacturer only produces goods when they are needed, there is less lead time between the order and delivery of the product. This can result in faster delivery times and better customer satisfaction.
While JIT delivery may not necessarily reduce the size of the factory, it can help manufacturers optimize their production processes and make better use of their existing resources.
In conclusion, the main benefit for manufacturers of JIT delivery is the reduction of wasteful inventory, which can lead to cost savings and improved efficiency.
So, correct option is A.
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An amount of cash kept on hand and used for making small payments is called a. revenue. b. cash. c. petty cash. d. prepaid interest. e. none of these answers.
Petty cash is an amount of cash that is kept on hand and used for making small payments. The correct option is c). petty cash
This amount is typically managed by an individual or department within an organization, and it is used to cover expenses such as office supplies, postage, and other minor expenses that do not require a check or electronic payment.
The purpose of petty cash is to reduce the need for employees to submit reimbursement requests for small expenses, which can be time-consuming and expensive for the company to process.
By having a small amount of cash readily available, employees can quickly and easily make these small payments without having to go through the formal reimbursement process.
To manage petty cash, a company will typically establish a petty cash fund, which is a separate account or envelope that is used exclusively for this purpose. The fund is then replenished on a regular basis, typically weekly or monthly, based on the actual expenses that were incurred during that period.
In conclusion, petty cash is an essential tool for managing small expenses in a business setting. By having a dedicated fund for these expenses, companies can streamline their reimbursement process and improve efficiency while also ensuring that employees have the resources they need to complete their work. The correct option is c). petty cash
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You are the operations manager for American Airlines, and you are considering a higher fate level for passengers in alisle seats. You want to estimate the percentage of passengers who now prefer aisle seats. How many randomly selected air passengers must you survey? Assume that you want to be 95% confident that the sample percentage is within 25 percentage points of the true population percentage. a. Assume that nothing is known about the percentage of passengers who prefer aisle seats.
To estimate the percentage of passengers who prefer aisle seats with 95% confidence and a 25% margin of error, you would need to survey a minimum of 385 randomly selected air passengers.
This sample size ensures a reasonable representation of the population and provides a reliable estimate. The calculation is based on the formula:
\(n = (Z^2 * p * (1-p)) / E^2\)
Where:
- n is the required sample size
- Z is the Z-score for a 95% confidence level (approximately 1.96)
- p is the estimated proportion of passengers who prefer aisle seats (unknown in this case, so we assume 0.5 for the worst-case scenario)
- E is the desired margin of error (25% or 0.25)
Substituting these values into the formula, we get:
\(n = (1.96^2 * 0.5 * (1-0.5)) / 0.25^2 ≈ 384.16\)
Since we can't have a fraction of a passenger, rounding up gives us a sample size of 385.
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The weekly Kroger advertisement states that five-pound chubs of ground chuck are available for eighty-nine cents per pound. Arlene sees the advertisement; she realizes that ground chuck has not been priced this low in quite some time, so she hurries to the store to purchase some. Arlene loads seven chubs of ground chuck in her shopping cart. When she goes to the checkout to pay, however, the cashier informs Arlene that the price in the advertisement is a typo and that the correct price is $1.89 per pound. Arlene insists that the store must honor the price listed in the advertisement, because it is an offer that she has just accepted. The cashier calls the store manager for a decision. The store manager will likely explain to Arlene:_________.
i. that the advertisement is a valid offer because it is in writing.
ii. that the advertisement is a valid offer, and the store must honor the price in the advertisement.
iii. that advertisements are not offers, but merely a request for offers.
iv. that the advertisement is a valid offer because its terms are definite.
The manager would likely explain to Arelene that advertisements are not offers, but merely a request for offers.
What is an offer?In business, an offer is defined as a formal proposal to be part of a contract. In the case of stores, they offer products but the customer needs to express the proposal or make the offer by showing he/she wants to buy this product. Afterward, the store can accept the offer if the price is convenient for it.
What happens when the price in the advertisement is wrong?In the U.S. there are no laws that force stores to sell the product at an incorrect price displayed in the advertising. This is because there is a contract between the store and the customer only if the store accepts the money the customer is willing to pay.
Based on this, the store does not have the obligation to honor the price in the advertising as advertisements are only requests for offers.
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The main outputs of which process are a quality management plan, quality metrics, project management plan updates, and project documents updates?
Answer:
Process asset updates.
Explanation:
Quality assurance assessments, validated modifications, authenticated deliverables, performance at work indicators, configuration management, project management plan modifications, project document security patches, and organisational process asset updates are the key outputs of quality assurance.
What do you think was the reasons of Ms. Sagrado in coming up with a pot as business?
You must speculate as to Ms. Sagrado's motivations for starting a marijuana-related business because she didn't anticipate the success of her venture and appears to be overjoyed about it in the paragraph.
Business, finance, marketing, sales, and human resources entry-level positions can be attained with a bachelor's degree in entrepreneurship. They also offer the entrepreneurial abilities required to launch a business.
Your best work, service to others, and Conditions that are helpful include interesting work that allows you to experience "flow," encouraging coworkers, the absence of significant drawbacks like unjust compensation, and a job that suits your own schedule.
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according to the characterizations of employee responses, constructive criticism of disliked policies is classified as .
According to the characterizations of employee responses, constructive criticism of disliked policies is classified as .voice.
Constructive criticism is created equally: Psychologists recognize both optimistic complaints and damaging criticism as wonderful sorts of verbal remarks. even as each has the capability to reveal our shortcomings, the positive complaint can assist foster an extra effective boom mindset.
Constructive grievance focuses on supplying constructive remarks, supported with the aid of unique examples, that will help you enhance in someplace. constructive grievance ought to be provided in a pleasant way with top intentions.
Positive criticism is a form of feedback that specializes in turning in critique and negative comments constructively and positively to enhance performance or conduct. the constructive grievance is actionable, clear, and useful to the recipient. It does not recognize entirely the poor aspects.
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