justin is looking to expand his pet grooming business and wants to evaluate the profitability of a potential new market. the area he is looking at has 2,000 homes and justin estimates that 20 percent of them would be likely to use his service. he charges $45 per grooming and on average customers groom their pets six times a year. justin estimates his variable costs to expand his business will be $10 per grooming and his fixed costs are $10,000. how much profit would justin make on this new segment? $128,000 $72,240 $108,000 $410,000 $98,000
Answers
Justin will make a profit of $98,000 on his new segment. Justin's potential profit in the new market can be estimated by multiplying the number of potential customers (2,000 homes x 20% = 400) by the number of services. Profit is the excess of revenue over expenses. It represents the value created by a business after accounting for all expenses associated with producing and selling its goods and services.
They are likely to use (400 x 6 = 2,400) and then subtracting Justin's estimated variable and fixed costs. 400 x 6 = 2,400 grooms x $45/groom = $108,000 in gross profit. Subtracting Justin's estimated variable costs ($10/groom x 2,400 grooms = $24,000) and fixed costs ($10,000) results in $98,000 in potential profit for Justin's pet grooming business.
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Related Questions
When the price of a loaf of garlic bread increases by 5 percent, the quantity of lasagna demanded decreases by 3 percent.Calculate the cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread.The cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread is _____
Answers
The cross elasticity of demand assesses how precisely the quantity of one commodity is requested in response to a change in the price of another good. It is computed by dividing the percentage change in the first good's quantity sought by the second good's price change. For the cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread.
Given: the price of garlic bread increases by 5 percent, the quantity of lasagna demanded decreases by 3 percent
How can we calculate the cross elasticity of demand for lasagna w.r.t? To the loaf of garlic bread?
Cross elasticity of demand = (% change in quantity demanded of lasagna) / (% change in price of garlic bread)
The values, we get:
Cross elasticity of demand = (-3%) / (5%) = -0.6
Therefore, the cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread is -0.6. This means that the two goods are somewhat complementary, as an increase in the price of garlic bread leads to a decrease in the quantity demanded of lasagna.
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PROBLEM: The Chicago Cubs play their home games at Wrigley Field, located in the Lakeview neighborhood of Chicago. A recent New York Times study concluded that the probability that a randomly selected Lakeview resident is a Cubs fan is 0.44.
(a) Interpret this probability as a long-run relative frequency.
Answers
Answer:
If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.
Explanation:
Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.
Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.
hich of the following are key benefits of using schedule templates? O Include generic resources O Include commonly used tasks O Include Portfolio Analysis Scenarios O Set best options for schedule calculations
Answers
Setting best options for schedule calculations are the key benefit of using schedule templates. Therefore option D is correct.
Schedule templates can incorporate predefined formulas and calculations that are based on best practices and industry standards. These calculations can help automate schedule-related calculations, such as task durations, dependencies, resource allocation, and critical path analysis.
By leveraging these best options for schedule calculations, templates ensure consistency and accuracy in project scheduling.
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a turnkey project relieves the purchaser in a developing country of the responsibility of managing and coordinating the various technical and managerial aspects in a situation where there are often inadequate technical and managerial capabilities. true or false
Answers
The given statement is true because a turnkey project can be an effective way for purchasers in developing countries to overcome technical and managerial limitations and achieve their goals.
A turnkey project is a type of project in which a company or contractor takes on the responsibility of designing, constructing, and delivering a fully operational facility or product to the client, who can then begin using it immediately. This approach is common in developing countries where the local technical and managerial capabilities may not be sufficient to manage and coordinate such projects on their own.
By choosing a turnkey project, the purchaser can avoid the challenges of managing and coordinating the various technical and managerial aspects of the project, such as design, engineering, procurement, construction, and commissioning.
The contractor will have the necessary technical and managerial expertise to handle these aspects of the project, and will take on the responsibility of ensuring that the final product meets the specifications and requirements of the client.
Overall, a turnkey project can be an effective way for purchasers in developing countries to overcome technical and managerial limitations and achieve their goals. However, it is important for purchasers to carefully evaluate the contractor's capabilities and track record before entering into such an agreement, in order to ensure that the project will be delivered successfully and meet their needs.
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in an assignment problem one agent can do parts of several tasks. (True or False)
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The given statement "In an assignment problem, one agent can do parts of several tasks" is False because Assignment problems typically involve assigning a specific number of agents to a specific number of tasks.
Assignment problems typically involve assigning a specific number of agents to a specific number of tasks in a one-to-one manner, ensuring that each task is performed by one agent and each agent is assigned to only one task. The objective is often to minimize the total cost or time spent on completing all tasks, while considering the individual capabilities of each agent.
However, it is important to note that there are variations of assignment problems that may allow agents to be assigned to multiple tasks or work on parts of several tasks, such as the generalized assignment problem or multi-objective assignment problems. In these cases, the main goal is still to optimize the overall outcome, but the constraints and structure of the problem may differ from the traditional assignment problem.
In summary, the statement is generally false in the context of a standard assignment problem but can be true for variations or extensions of the assignment problem that allow for more flexible agent-task assignments.
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Willing to give a lot of points
Please help
Question 4 of 10
What is one of the reasons marketing is essential to the free market system?
A. It ensures that companies make a healthy profit.
B. It helps educate consumers about competitive products.
OC. It employs more people that any other career group.
D. The sales of advertising makes television programming possible.
SUBMIT
Answers
One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.
What is free market?A free market is a market structure where there is no interference from government but forces of demand and supply controls it.
With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.
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6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Answers
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
According to this image :
1- What is the age range of the generation with the highest amount of household debt?
2-Which is the only generation to decrease its average debt from 2019 to 2020?
3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.
4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).
5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.
I have to turn this worksheet today, So please ANYONE help me out please ASAP..
Answers
Answer:
1. Gen X 41-56years
2. Silent Gen reduced debt by 4.6%
3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt
Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.
4.Gen Z average debt $16,000
Gen X average debt $ 140,000
In 5years, it will meet up with Gen Xs level of debt
5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.
Rayman Automobiles, an automobile manufacturing company, was founded in 1912. The company primarily focused on creating greater efficiencies by refining its processes and creating specialized jobs. This allowed the company to increase its output and lower the prices of its products. As a result, automobiles became an affordable commodity. In the context of the history of American business, Rayman Automobiles was most likely founded during the _____. a. marketing era b. digital information era c. production era d. entrepreneurship era
Answers
Answer:
Option C: Production Era
Explanation:
The production era. Is known as Stage 2 of marketing's evolution. found in the 1930s, highest production capability than ever before. The problem now became competition then. It was characterized by mass production of lots of products increased the availability of product in the marketplace that is available.
although having more applicants to choose from is a good thing, can there be such a thing as too many applicants? for example, how might a company like process 2 million applicants per year, short of interviewing all candidates?
Answers
When there are too many applicants, the organization might end up spending significant time, resources, and money on an application process that might or might not be successful. The future candidates will be able to determine whether or not they are a better fit for this profession by themselves if the occupation prerequisite is made more general and abstract.
Shortlisting candidates who don't meet these specific employment requirements in the outset will aid the company in selecting the top job candidates and cut down on interview time. Utilizing techniques like resume parsing or continuous screening might assist in excluding applications that don't meet the ideal requirements. To conserve company resources and fill vacancies within the allotted time, businesses that receive an excessive number of applications can also think about cutting their hiring periods.
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reid incorporated received a $90,000 cash payment, of which only $50,000 was taxable income. if reid's marginal tax rate is 40%, compute reid's after-tax cash flow. multiple choice $54,000 $50,000 $30,000 none of these choices are correct.
Answers
Reid's cash flow was $70,000 after taxes ($90,000 in pre-tax cash minus $20,000 in tax on $50,000 in income).
The correct answer is none of these
Who Pays Taxes?Taxes are mandatory payments that citizens or corporations must make to their local, state, or federal government. Tax revenue is used to pay for public projects and programs like Medicare and Social Security as well as infrastructure like roads and schools.
What does it mean to be an excise tax?In the United States, the word "excise" has at least two different meanings: (A) anything tax other than a property tax and capitation (i.e., an excise is indeed an indirect tax in the sense of constitutional law); or (B) a tax that is simply referred to as an excise.
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Where is the best minitaxi in London for tourisms?.
Answers
Patrick Egwu Transportation
Explanation:
grayson lives and works in Indiana, which has a flat state income tax of 3.4% If his annual salary is %49,255 and he get paid once a month, how much is withheld from is gross income for state income tax each pay period?
Answers
Answer:
139.56
Explanation:
The flat tax rate is at 3.4 %, which is 0.034
Grayson earns $49,255 but is paid monthly. His monthly is $49,255 divided by 12
=$49,255 / 12
=$4,104.5833
The tax per period will be 3.4% or 0.034 of $4,104.5833
=0.034 x $4, 104.58
=$139.55583
=$139.56
Pete and Mason are shopping for Cheese-its for a class activity. They needed several boxes. Which prices give the better deal.
A. $1.25 per box
B. $5.50 for 3 boxes
c. Buy 1 at regular price ($3.50) and get one at 50% off
D. $2.75 per box and a coupon for $1.00 off
Answers
Answer:
I believe A. $1.25 per box would be the best deal.
Explanation:
This is because A is $1.25 per box,
B. is about $1.83 per box (5.50/3 divided by 3/3 = about 1.83/1)
C. Would be 1 box = $3.50, and the next $1.75 (which is still not less then just $1.25 per box)
and D. would be $2.75-$1 off = $1.75
Out of all of them, A is cheapest/gives the best deal.
Not sure if all calculations are correct, but I hope this helps! :)
Which statements apply to a certificate of deposit (CD)? Check all that apply. It is always purchased as a short-term investment. It can be purchased from a banking institution. It is always purchased as a long-term investment. It can be purchased for almost any amount. It is purchased through an individual's employer.
Answers
The statements that apply to a certificate of deposit include;
It can be purchased from a banking institution. It can be purchased for almost any amount.A certificate of deposit is a low-risk investment where the depositor fixes a sum of money in an account for a period of time after which he can collect the investment along with interest accrued. Banks and credit unions are the main financial institutions known for issuing certificates of deposits. It is quite similar to opening a bank account.
The flexibility obtainable from this investment plan allows depositors to fix amounts that are commensurate to their budgets. However, some financial institutions have minimum amounts that are required for certificates of deposit. Different institutions have varying interest rates, therefore, it is necessary to make proper research before opting for an institution.
Summarily, the statements that apply to a certificate of deposit are;
It can be purchased from a banking institution. It can be purchased for almost any amount.Learn more about certificates of deposits here:
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Answer:
-It can be purchased from a banking institution.
- It can be purchased for almost any amount.
Explanation: just took the test
according to the stakeholder model of corporate governance, who among the following is not sufficiently affected by corporate actions to deserve consideration in corporate decision-making?
Answers
According to the stakeholder model of corporate governance, there is no single stakeholder group that is not sufficiently affected by corporate actions to deserve consideration in corporate decision-making.
The stakeholder model recognizes that a corporation has a responsibility to consider the interests of all stakeholders who are affected by its actions, including shareholders, employees, customers, suppliers, the community, and the environment.
In the stakeholder model, corporations are viewed as social institutions with broader responsibilities beyond just maximizing shareholder value. This model suggests that corporations should take into account the interests of all stakeholders when making decisions, and not just those of the shareholders. This is based on the idea that corporations have a social responsibility to consider the impact of their actions on all stakeholders, and that by doing so, they can create long-term value for the company and society as a whole.
Therefore, according to the stakeholder model of corporate governance, all stakeholders are considered sufficiently affected by corporate actions to deserve consideration in corporate decision-making.
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Beauty and the bistro, inc. Had $500 of supplies on its balance at the end of its 1st year of business. It purchased $5,000 of supplies during the 2nd year. At the end of the 2nd year, it had $800 of supplies on hand. What is the amount of supplies expense on the income statement?.
Answers
The amount of supplies expense on the income statement= $4,700
It started with $500 and purchased $5,000 but only has $800 of supplies left, thus it used $4,700. The amount used is Supplies Expense and is recorded as an adjusting entry with a debit to Supplies Expense (+E,-SE) and credit to Supplies (-A) for $4,700. The Supplies balance on the balance sheet equals $800 (the supplies left).
A supplier is a person, business, or other entity that sells or provides clients with goods or equipment.A supplier in business is a person or a company that provides retailers and distributors with high-quality products and services from manufacturers at competitive prices. Deliverables from them come in the form of raw materials, which manufacturers then transform into finished goods that are ready for sale.
A supplier is a company that offers products and services to another business. This organization is a section of a company's supply chain, which might provide the majority of the value found in its products. Even drop shipping, when products are sent directly to the buyer's clients, is practiced by some suppliers.
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Commitment decision can assist a school leaver to adapt to change of entrepreneurship
Answers
Answer:
When battling unemployment, entrepreneurship is a solution, entrepreneurs open doors to new ventures, new business, new alliances etc. When an investor puts money into a startup or a venture, the entrepreneur automatically gets to expand its team to scale the venture and hence providing employment to more people.
^_________^ <3
Why is it important to set a timeline when planning a purchase? Is it ever a good idea to wait overnight before making a commitment to make a large purchase ?
please I need it asap
Answers
Answer: Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
Why should you always consider the opportunity cost when making a significant purchase? Because money spent in one place cannot be spent in another. Considering opportunity cost is just one of the steps needed to have power over purchase.
Explanation:
The worth of a currency is measured by the quantity of products or services that it may be used to purchase.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
A currency is measured by the quantity of products or services that it may be used to purchase. When everything else is equal, purchasing power is crucial because inflation reduces the number of products and services you would be able to buy.
Therefore, measured by the quantity of products or services that it may be used to purchase
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The company’s beginning cash balance for the upcoming fiscal year will be $20,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded.
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The company requires a minimum cash balance is $10,000.
What is the minimum cash balance required for the company?
What is the minimum cash balance required for the company? The company requires a minimum cash balance of $10,000.What is the beginning cash balance of the company?
The beginning cash balance of the company is $20,000.What is the interest rate for the local bank?The interest rate for the local bank is 3%.What is the borrowing capacity of the company?
The company can borrow any amount as per the requirement.What is the repayment time for loans taken by the company?The company may repay its loans, or any part of its loans, at the end of any quarter.What is the time period for interest payments on the principal amount?
Interest payments are due on any principal at the time it is repaid.What is the borrowing rate for the company?
The borrowing rate for the company is the quarterly interest rate of 3%.What is the effect of borrowing on the cash balance of the company?
Borrowing decreases the cash balance of the company.What is the effect of repayment on the cash balance of the company?
Repayment increases the cash balance of the company.What is the effect of interest payments on the cash balance of the company? Interest payment decreases the cash balance of the company.
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Bramble Company manufactures deep-sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget prepared at the beginning of the year by Bramble's controller. The company applies overhead on the basis of machine hours. Variable manufacturing overhead Fixed manufacturing overhead Direct labor hours Machine hours Annual Budget Variable overhead spending variance $1.992,800 Variable overhead efficiency variance $1,204,800 48,360 $ 249,100 During the month of May, Bramble used 4,360 direct labor hours and 21,980 machine hours. The flexible budget for the month allowed 4,060 direct labor hours and 21,470 machine hours. Actual fixed manufacturing overhead incurred was $108,200; variable manufacturing overhead incurred was $174,040. $ May Budget $182,400 $100,400 (a) Calculate the variable overhead spending and efficiency variances for May. (Round per unit value to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,725. If variance is zero, select "Not Applicable" and enter O for the amounts.) 4,030 22,800 + (b) Calculate the fixed overhead spending variance for May. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Fixed overhead spending variance $
Answers
Variable overhead spending variance measures the difference between the actual cost of overhead and the budgeted cost of overhead based on the actual number of hours worked.
The formula to calculate variable overhead spending variance is:Actual hours worked x Actual overhead rate - Actual hours worked x Budgeted overhead rate($174,040/21,980*1000) - ($182,400/21,470*1000) = $52,750FavorableVariable overhead efficiency variance.
The formula to calculate variable overhead efficiency variance is:Budgeted hours - Actual hours worked x Budgeted overhead rate(Budgeted hours - Actual hours worked) x $43.20(4,060 - 4,360) x $43.20 = $22,800UnfavorableFixed overhead spending variance.Thus, the variable overhead spending variance is $52,750 (Favorable), the variable overhead efficiency variance is $22,800 (Unfavorable), and the fixed overhead spending variance is $7,800 (Favorable).
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When would the profit margin of an industry be higher?
O When there are very few substitutes for items produced by companies in the industry
O When there are a large number of customers and suppliers.
O When there are very few barriers to entry.
O When there is intense rivalry between companies in the industry.
Question 2
How can you find out whether the increase in a company's return on equity was due to a more efficient use of assets?
O Check if the company's return on assets had increased.
O Check if the company's financial leverage had increased.
O Check if the company's return on sales had increased.
O Check if the company's total asset turnover had increased.
Question 3
Which of the following multiples would be used when valuing a company with uncertain future cash flows?
O Price to earnings
O Enterprise value to price
O Price to book value
O Enterprise value to earnings before interest, tax, depreciation and amortisation.
Question 4
Roosters Limited has a net income of $50,000,000 and 25,000,000 fully diluted shares outstanding. What price range should shares in Roosters Limited be trading in if the PE multiple range for the industry is 7x and 9x?
O $17.50 to $22.50
O $35 to $45
O $14 to $18
O $7 to $9
O $14 to $18
O $7 to $9
Answers
1.when products made by companies in the industry have relatively few profit margin. 2.Verify whether the company's return on assets has risen. 3.Earnings before interest, taxes, depreciation, and amortisation to enterprise value. 4.$14 to $18.
Profit margin is a crucial financial indicator that shows how effectively and profitably a company's operations are performing. It calculates the percentage of revenue that remains after all manufacturing, distribution, and administrative expenditures have been paid. A bigger profit margin suggests that a business is making more money off of each dollar of sales, demonstrating its capacity to produce impressive returns on investments and successfully manage costs.
1.when products made by companies in the industry have relatively few alternatives.
2.Verify whether the company's return on assets has risen.
3.Earnings before interest, taxes, depreciation, and amortisation to enterprise value.
4.$14 to $18.
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A global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.
Answers
Answer:
The correct answer is "Internet".
Explanation:
A global structure of data networks, the collection of several types of networks throughout which the clients at any device will, whether they have the authorization, obtain some technical information from other devices, recognized as an internet. Which utilizes a fraction of that same cumulative capacity of the already additional infrastructure network systems.an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
explain hotel manager
Answers
Answer:
Hotel managers are responsible for managing employees and for planning, marketing , coordinating and administering hotel services such as catering and accommodation facilities.
Answer:
hotel manager is the one who oversees all respects of running hotel housekeeping general maintain to the budget
10)
How might a mission statement help Donna with her new
business?
Answers
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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Why would South Africa’s import value be higher than export value
Answers
South Africa exports of items and services as proportion of GDP is 30.47% and imports of items and services as proportion of GDP is 25.53%.
Why import is greater than export?A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a sturdy home forex hampers exports and makes imports cheaper. Higher inflation can also influence exports via having a direct have an effect on on input fees such as materials and labor.
Imports become extra expensive. Exports and AD make bigger causing demand-pull inflation.
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Answers
Answer:
D. because it has financial regulations that benefit start-up businesses
Explanation:
In a laissez-faire economy, the government does not interfere with economic activities of such as production, consumption, or private contracts. The government focuses on enforcing law and order, providing public goods, and regulating activities in the country.
Starting a new business in a laissez-faire economy assures an entrepreneur of fair business practices due to government regulations. The business owner will be confident when entering into contracts as the government enforces them.
Answer:
The correct answer would be C
Explanation:
Laissez-faire doesn't include things like taxes, tariffs, or any type of regulation and that's why businesses like to start with Laissez-faire.
Why is it important not to form cliques with friends or ignore or leave out team members that you are not close to you personally
Answers
Answer:
This behavior can create divisions on the team.
Explanation:
i had the same test
Cliques can undermine one's sense of self and make it more difficult for your youngster to comprehend their likes and dislikes. They might discover that they simply follow the crowd instead. As the temptation to belong grows, they might even struggle with moral choices.
What important not to form cliques with friends or ignore?People are drawn to cliques for a variety of reasons. For some, achieving social status through being popular or cool is paramount, and cliques provide them with a venue for doing so. Others desire membership in cliques because they dislike feeling excluded.
There are several ways that the way members of a clique perceive information can affect other members more than if they had heard the same information from a different source.
Therefore, By influencing the emotions, beliefs, or behaviors of group members, a clique may prevent external social influence.
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Which of the following approaches is most useful in creating a culture of honesty and integrity in the workplace?
A. Hiring right kind of employees
B. Security cameras
C. Peer evaluations
D. Ergonomics
Answers
The approach most useful in creating a culture of honesty and integrity in the workplace is A. Hiring the right kind of employees. The character and values of employees form the foundation of an organization's culture.
The type of employees hired significantly impacts the culture of honesty and integrity in the workplace. When hiring, organizations should consider not only the candidates' skills and qualifications but also their values, attitudes, and character. Candidates who value honesty and integrity will bring these principles into the workplace, helping to build and maintain a culture that upholds these values. While tools like security cameras can help enforce rules and peer evaluations can promote accountability, these are reactive measures. Ergonomics can improve worker comfort and productivity, but it does not directly impact honesty and integrity. Hiring the right employees is a proactive measure that creates a culture where honesty and integrity are the norm.
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