I got invited to join national honors society but I decided not to do it because you're kinda expected to do a lot. It sounds stressful to constantly have to keep your grades high and fulfill the other requirements they set for you. It sounds hard to manage on top of everything else you may have going on in your life.
However, to some it may be worth it because it sets a great image for you especially if you plan on going to college. By keeping your grades high all year long you'll get benefits to college and are more likely to get accepted in wherever you want to go. It's up to you to decide if it's worth it or not.
In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision and mission can be linked to your goals and objectives. Using the S-M-A-R-T tools in section 6.7 of Chapter 6 in the text, create your own list of goals and objectives.
Create 4 to 5 S-M-A-R-T goals and objectives and demonstrate how they link to your Strategy Diamond and personal vision and mission statements.
Explanation:
The following are my SMART goals:-
Specific
1. I want to be physically fit within 6 months on order to be able to run a marathon in less than 3 hours.
2. I want to become a manager in my current organization from my current position as an assistant manager within the next 3 years in order to be able lead a team.
3. I want to be a lovable dad to my daughter in the next 3 months so that I can spend more quality time with her.
4. I want to become an amazing husband to my wife by spending more quality time with her and also taking her on vacations in the next 6 months.
Measurable
1. I would start my training from next week. Initially I would run 3 to 5 kilometers with walk breaks.
2. I would talk to my boss next week to ask for more responsibilities and also to ask him to let me know what is required to get promoted.
3. I would start leaving office early by being more efficient and effective in the office. I will also take my daughter on walks and play with her for 1 hour daily.
4. I would come back from office early and spend time with my wife.
Attainable
1. I will talk to other marathoners to know whether my goal is attainable and will also research about it.
2. I will talk to my colleagues whom are managers about what they did to get promoted.
3. I will talk to other dads to know whether my goal is attainable.
4. I will talk to other husbands that are successful.
Realistic
When I start measuring my progress weekly and getting a feedback from people whom I admire, then I would know how realistic my goals are.
Timely
I have given a time frame for the attainment of all these goals which is very vital.
For implementing these goals, I m going to use the Plan-Do-Act-Dare cycle.
Since my objective is to become a well rounded person in my personal and also my professional life, the above steps will surely help me in becoming that person.
The strategy diamond will consist of:-
1. Arenas- Professional and Personal
2. Vehicles- Focus and hard work
3. Differentiation- Being different and unique from others.
4. Staging- Speed of initiatives
Also, there should be an economic logic binding this.
• Macroeconomic Indicators: During the simulation, you made decisions concerning government spending. Discuss the impact of your decisions on key macroeconomic indicators such as real GDP growth and unemployment. Refer to the graphs “Real GDP Growth” and “Unemployment Rate” from your simulation results to illustrate the impact. • Interest Rates: Describe how your changes in interest rates impacted inflation and other key macroeconomic indicators used in the simulation. Refer to the “Inflation Rate” graph from your simulation results. • Please answer the questions above based on the results below: • • Your approval rating is low and your population is dissatisfied with the state of the economy. Review the game instructions and the Macroeconomics materials to see how your economic policy making can be improved. • The economy is growing at a good pace. See if you can identify the policy decisions that have resulted in this level of economic growth. • Consumption is falling. Remember that consumption is the largest component of GDP in an economy. • The inflation rate is negative, meaning that there is deflation. Falling prices can be dangerous for an economy as consumers postpone their purchases as they wait for prices to fall further and the economy can go into a downward spiral. • The budget deficit is large. Consider what can be done to bring government spending in line with revenues. This can be done by raising taxes or keeping government spending under control. However, remember that cutting spending too much might lead to a recession.
Answer:
To increase exports and import only necessary items.
Explanation:
The only way to bring government spending in line with revenues is the more production of goods which fulfill the necessities of the existing population as well as extra amount of goods can be exported to other countries in exchange of money. This export of goods increase the purchasing power of the country. The government should imports only the necessary items such as food products and medicines that is used on daily basis. The luxurious items should not be imported or increase tax on these items. In this way, we bring the government spending in line with revenues.
Where should a user store frequently used icons on a computer?
Answer: they should be loaded on the tool bar
Explanation:
for quick and easy access
An appreciating U.S. dollar is
O strengthening, more
O weakening, less
O a problem for exporters, less
O beneficial to importers, more
strengthening, more
Explanation:
Appreciating means to rise in value or price therefore stregthening and becoming worth more.
operations management course concept
The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.
This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.
Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.
The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.
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What effect does a company's sale of equipment have on the equipment's accumulated depreciation on the balance sheet?
A. It is removed entirely.
B. It is not changed.
C. It is increased by the sale value.
D. It is decreased by the sale value.
Answer:
A. It is removed entirely.
Explanation:
After the equipment has been sold, entries are made to remove it from the balance sheet. The equipment is not an asset of the business anymore hence should not appear in the balance sheet. one equipment is sold, the accountant needs to update its accumulated depreciation and determine its book value.
Journal entries are posted to completely remove the accumulated depreciation from the books and the balance sheet.
Assume that Thomas can afford to buy as many candy bars and ice cream cones as he wants. He would continue to consume both candy bars and ice cream until the
Answer:
Marginal utility of each becomes negative
Explanation:
Utility is defined as the level of satisfaction that a person gets from consuming a product.
The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.
That is there is no satisfaction anymore in consuming the product.
In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative
If a door to door salesman refuses to leave your front doorstep unless you buy vacuum this a contract that can be invalidated because it was created under accusations
Answer: What are you exactly looking for here?
Explanation:
Which factor would influence the premiums of health insurance?
Building size
Deductible
Elimination period
Profession
Answer:
Deductible
Explanation
The correct option is B. Plan category, the plan covers dependents, and deductibility is the factor that influences the premiums of health insurance.
What is Health Insurance?Medical and health-related costs are covered by a specific type of insurance called health insurance. Routine care, emergency care, and treatment for long-term illnesses are all partially or fully covered by health insurance.
Thus, there are many other factors that influence the health insurance premiums such as age, smoking status, region, type of plan, and if dependents are covered by the policy.
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omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?
A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.
B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.
C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.
D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.
The correct statement that compares the premium prices for these insurance policies is:
B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.
In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.
A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.
Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.
Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.
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Would it be wise for a young company that is growing quickly but still hasn’t achieved profitability to attempt to issue bonds as a way to expand its working capital?
Answer:
It would not be wise for the young company to attempt to issue a bond as a way of expanding its capital. This is because, the company still has to be able to find a balance between its expenditure and income before it can think towards expansion. If this is not met, they might run into series of financial debts while trying to expand.
Explanation:
Shared negative feelings in a group can positively influence task performance when they stem from ________. However, shared negative feelings can hinder performance in a group when they stem from ________.
Shared negative feelings in a group can positively influence task performance when they stem from social category diversity. However, shared negative feelings can hinder performance in a group when they stem from informational diversity. Thus the correct option is B.
What is a group?A group is referred to as a collection of poele come together to form a relationship or connection with each other. These groups mainly form to perform collaborative activities to achieve something.
Shared feelings can both affect the performance of the team positively and negatively. It helps in information exchange as well as gives rise to conflict as well due to disagreement.
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The complete question is probably
Shared negative feelings in a group can positively influence task performance when they stem from ________.However,shared negative feelings can hinder performance in a group when they stem from ________.
A)perceptual distance; job involvement
B)social category diversity; informational diversity
C)team structure; process shifts
D)a source outside of the team; a source inside the team
What is the purpose of blockchain technology?
The purpose of blockchain technology is to provide a decentralized and transparent system for recording and verifying transactions or information. It is a distributed ledger technology that allows multiple parties to maintain a shared database without the need for a central authority. Overall, blockchain technology provides a robust and secure framework for businesses to enhance security, transparency, efficiency, and trust in their operations, leading to improved processes and better customer experiences.
The main purpose of blockchain technology is to create a distributed and secure ledger of transactions. Some key aspects of blockchain technology include:
Distributed - The blockchain is distributed across a network of computers instead of being stored in a centralized location. This makes it more resistant to data tampering and hacking.
Secure - Blockchain uses cryptographic techniques to ensure the integrity and security of the data. Once a transaction is recorded, it is very difficult to change or hack the data.
Transparent - All transactions recorded on the blockchain are publicly visible to anyone with access to the network. This transparency helps prevent fraudulent activities.
Automatic - Blockchain uses a distributed consensus mechanism to automatically validate transactions. There is no need for a central authority or intermediary.
Immutable - Once a transaction is recorded on the blockchain, it is almost impossible to change. This immutability provides a high degree of certainty for transactions.
The main applications of blockchain technology are:
Digital currency - Blockchain underlies cryptocurrencies like Bitcoin which are decentralized digital currencies.
Financial transactions - Blockchain can be used to record financial transactions in an efficient, secure and transparent manner.
Supply chain management - Blockchain can track materials, payments and documents throughout supply chains.
Smart contracts - Self-executing contracts can be embedded in the blockchain to automatically execute terms of agreements.
Asset registry - Assets like land titles, jewelry, artwork, etc. can be recorded on a blockchain to prove ownership and authenticity.
In summary, the key purpose of blockchain technology is to create an incorruptible digital ledger of data that is distributed across a network. This makes the data secure, transparent and permanent.
B. If as the price of good Y rises from $1.25 to $1.35, the quantities demanded of good X become those shown in column 4, it can be concluded that X and Y are (substitute, complementary) ____________________ goods.
Answer:
If the fall in price of good Y causes demand for good X to fall as well, the goods Y and X are complementary.
Explanation:
Complementary goods are those goods that people tend to buy together, since, as the word implies, they fulfill complementary purposes.
An example of two complementary goods are BBQ Sauce and Meat.
Meat is often used to grill/roast, and it is accompanied with BBQ Sauce. If BBQ Sauce price goes down, it is likely that more of it will be bought as well as more meat. The opposite occurs if the price of either good goes up. Hence, both goods are complementary.
What is the alignment and coordination of multiple activities in an organization?
Group of answer choices
management
sustainability
business culture
philanthropy
The alignment and coordination of multiple activities in an organization is typically associated with the concept of management
What is management?
Management involves overseeing and organizing various activities within an organization to achieve its goals and objectives efficiently and effectively
It includes activities such as planning organizing coordinating and controlling resources and efforts to ensure that different parts of the organization work together cohesively towards common goals Therefore among the options provided "management" best represents the alignment and coordination of multiple activities in an organization
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On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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See if you can find all eight components and provide an example for each one.
Components come in two types, Class components, and Function components, in this tutorial we will concentrate on Function components.
What is a Component?An approach for condensing a large number of connected variables into fewer, more significant components is simple component analysis. It offers a more understandable result than the principal component analysis but is similar.
The parts that make up something is its constituents. One essential element of a nuclear bomb is enriched uranium. There are four basic parts to the management strategy. The parts which make up something are its constituent parts.
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The money lost by not working is called
it's called bankrupt
classify business communication
There are 4 main types of business communication in any organization or business i.e
Types of business communication
1. Internal Business Communication
Internal Business Communication means communication that occurs among the members of the organization. This communication includes both formal and informal communication. Also, different departments that transmit communication by different means to employees come under internal communication. Internal communication should be effective as it is a vital source of viewing and representing organizational issues. Effective internal business communication may increase job satisfaction levels, productivity, and the efficiency of employees by decreasing their turnover and grievances and helping in increasing profits.
It is further categorized as internal (upward) communication and internal (downward) communication.
a. Internal (Upward) Communication: This type of internal communication involves the bottom-to-the-top management approach. Here, the information flows from subordinates to managers or any person that is at the upper in the hierarchy level.
b. Internal (Downward) Communication: In downward communication, the information flows from the top-level management to the employees in an organization. This information is related to passing on instructions to subordinates or employees to do their respective tasks. Downward communication is being used by managers to communicate different goals, procedures and policies, guidelines, decisions, instructions, etc. to their subordinates.
2. Horizontal/Lateral Business Communication
Lateral or horizontal communication is related to communication among co-workers i.e. either verbal communication or written communication. This may include inter-departmental communication or communication between cross-departments and can be between people of the same or similar rank in a company. This is crucial communication to achieve the desired results. So, this communication happens among employees having an equal hierarchy level. To achieve the functional effectiveness of different organizational units, horizontal or lateral communication is required for seeking mutual cooperation and mutual help.
3. External Business Communication
Communication with people who are external to the organization is known as external business communication. These people can be customers or shareholders or suppliers or partners or regulatory bodies, etc.
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A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are _____. securitizing securitizing collateralizing a loan collateralizing a loan creating a derivative creating a derivative offsetting negative risk
A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are a derivative offsetting negative risk. The correct option is D.
What are over-the-counter financial instruments?OTC securities are those that are not listed on a national securities exchange. The majority of these securities are traded on Alternative Trading Systems (ATSs), which are quotation mediums that may include electronic interdealer quotation systems that show quotes from broker-dealers for many OTC securities.
In over-the-counter markets, trading is done electronically rather than in a physical location. An auction market system is very dissimilar from this. Dealers serve as market makers in OTC markets by quoting prices at which they will buy and sell securities, currencies, or other financial products.
Thus, the ideal selection is option D.
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Discuss how a new brand manufacturer would go about
defining their market segments and then begin to target
them.
A brand new manufacturer would define their market segments and then start segmenting through in-depth market research.
How to segment a market?Market segmentation is a strategy used by companies to align their marketing and communication strategy through market research that helps to identify characteristics of potential consumers, such as income, age, tastes, etc.
Therefore, market segmentation helps to create a more consistent and local-aligned strategy, making the company adapt its communications and processes to reach its target market.
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Information you might study in a particular class is called (blank)
an elective
a club
curriculum
an internship
Answer:
curriculum is the correct answer right no
Answer:
Information you might study in a particular class is called curriculum
The Human Relations Department of Electronics Incorporated would like to include a dental plan as part of the benefits package. The question is: How much does a typical employee and his or her family spend per year on dental expenses? A sample of 45 employees reveals the mean amount spent last year was $1,820, with a standard deviation of $660.
Based on the sample of employees, the mean amount spent, and the standard deviation, the 95 percent confidence interval for the population mean would be ($1,627.16, $2,012.84)
How to find the confidence interval?The confidence interval can be found by the formula:
Confidence interval = Mean amount spent ± ( Z value x (Standard deviation / Square root of sample population ))
The Z value for a 95% confidence interval is 1.96.
The lower bound of the confidence interval is:
= 1,820 - (1.96 x 660 / √45)
= $1,627.16
The higher bound of the confidence interval is:
= 1,820 + (1.96 x 660 / √45)
= $2,012.84
The confidence interval on the amount spent on dental expenses is ($1,627.16, $2,012.84).
Rest of the question is:
Construct a 95 percent confidence interval for the population mean.
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9,432 written verbal is?
Answer:
Poetry?????????????????
9,432 written in verbal is: nine thousand, four hundred and thirty-two.
Why is Organizational Culture critical to an organization's success?
Answer:
The culture at your organization sets expectations for how people behave and work together, and how well they function as a team.
Explanation:
You're welcome.
how can I draw the circular flow of Income in an open economy?
The unending flow of goods and services, income, as well as expenditure in an economy is referred to as the circular flow. It depicts the circular redistribution of income between the production unit and households. Land, labour, capital, as well as entrepreneurship are examples of these.
The circular flow of diagram's outer loop depicts the flow of factor services from households to firms, as well as the corresponding flow of payments for factors from firms to households.
The inner loop depicts the flow of goods and services from firms to households, as well as the flow of consumer spending from households to firms. The entire amount of money paid by firms as factor payments is returned to the firms by the factor owners.
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Suppose the CPI was 110 last year and is 121 this year.
Instructions: In part a, enter your answer as a whole number. In part b, round your answer to 1 decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
a. What is this year’s inflation rate?
____ %
b. In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year’s inflation rate?
____ %
c. What term do economists use to describe this second outcome?
Inflation or Deflation
The inflation rate is 10%, which can be computed the second answer is -1.8%. third outcome called deflation.
How to calculate CPI?a) The formula to CPI is
\(CPI= \frac{current CPI-past CPI}{past CPI}\)
\(CPI= \frac{121-110}{110}\)
CPI= 0.1 or 10%
b) \(CPI= \frac{current CPI-past CPI}{past CPI}\)
\(CPI= \frac{108-110}{110}\)
CPI= -0.18%
A decrease in the economy's overall price level is referred to as deflation, whereas a temporary slowdown in price inflation is known as disinflation. A decrease in the money supply, reductions in government and consumer expenditure, and reductions in corporate investment can all contribute to deflation, which is bad for an economy.
A progressive drop in consumer prices for products and services is known as price deflation. This is frequently brought on by the deflationary gap, also referred to as the demand gap, which is characterized by high supply and low demand. Consumers and businesses hold on to their money rather than spending it because they anticipate a decrease in pricing.
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Matrix management creates an environment in which the unity-of-command principle is strictly followed. is a collection of independent, mostly single-function firms that collaborate to produce a good or service. is composed of dual reporting relationships in which some employees report to two superiors. involves holding employees together by contracts that stipulate results expected, rather than by hierarchy and authority. results in a centralized decision-making system.
Answer:
Matrix management
is composed of dual reporting relationships in which some employees report to two superiors.
Explanation:
Matrix management is a cross-functional work team in which there is dual or multiple management accountability and responsibility. Team members come from different units to achieve a specific business goal or purpose. It is characterized by two chains of command. One chain of command is functional, and the other chain of command is patterned along project, product, client, and other lines.
Write down three key takeaways from the home-buying process in the space below.
The three takes aways from the home-buying process are, before going house searching,
research the housing market and be pre-approved for a mortgage.Engage the services of a competent real estate agent to walk you through the process and bargain on your behalf.Before closing, do a comprehensive house inspection to discover any potential concerns or needed repairs.What is the Home-Buying Process?Purchasing a house entails locating a suitable property, obtaining financing, making an offer, obtaining a home inspection, and finalizing the transaction.
If you can't afford a large down payment, national and state first-time buyer programs may be helpful. It's critical to maintain your property and save money once you've moved in.
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The Income Summary account is closed to which of the following accounts?
A. Retained Earnings
B. Withdrawals
C. Expenses
D. Dividends
The Income Summary account is closed to Retained Earnings account. The correct option is A.
What is retained earnings?Retained earnings are the total of a company's net income and net losses over all of its years of operation. Retained earnings are a component of stockholders' equity on the balance sheet.
On a balance sheet, retained earnings are not considered an asset. They are reported as a line item on the balance sheet's shareholder's equity section rather than the asset section.
While retained earnings can be reinvested as assets, they are not assets in and of themselves.
In businesses, the income summary is closed to the retained earnings account.
Only the income statement items are closed to the income summary. In the given situation, they include rent and supply expenses.
Thus, the correct option is A.
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