This statement on the laws that firms should obey that incudes labor and consumer protection laws is True.
What Laws should companies follow?Companies should follow all laws in a nation. They should especially follow those that relate to them such as labor and consumer protection laws.The laws of a nation are for everyone in that nation including companies. Unless a law states that companies can be exempted, they are bound by all laws.
In conclusion, this is true.
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The statement about the firms should obey all the laws is:
TrueLaw EnforcementEveryone of the firms should obey all the laws of a nation, protecting in this way their employees (labor law), their consumers (consumer protection) and the environment.
Otherwise, the law can impose sanctions due to the company is not complying with the rules applied to each one of the enterprises in a national territory.
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How can the various templates that are available for new Word documents be accessed?
opening up an instance of Word
pressing CTRL+N with Word open
clicking File to enter Backstage View
all of the above
Answer: All of the above
Explanation:
When you open up Word newly, the available templates will be listed for you to choose one of your preference and if those are not enough, one can still get more online.
Pressing CTRL+N with Word open will also enable you to have access to the various templates. Finally, clicking File will enable you to enter Backstage View where you can then click on New to see the various templates.
Answer:
the answer is d) all of the aboveExplanation:
Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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all small indusrties are highly labor intensive true /false given reason
Answer:
FALSE.
Explanation:
Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.
TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.
How is price determined?how
The price of a product is determined by the law of supply and demand. Consumers have a desire to acquire a product, and producers manufacture a supply to meet this demand. The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded.
Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance of the purchase price at 6.5% interest for 30 years. What will be the monthly payments on the loan? (do not use commas or dollar signs in your answer)
Answer:
910.18
Explanation:
After Chin's down payment the amount borrowed is ...
(1 - 20%)($180,000) = 0.80·$180,000 = $144,000
The amount of the payment is given by the amortization formula ...
A = P(r/n)/(1 -(1 +r/n)^(-nt))
for P borrowed at rate r for t years, compounded n times per year.
A = 144000(0.065/12)/(1 -(1 +.065/12)^(-12·30)) = 910.18
The monthly loan payments will be 910.18.
Calculate the total value of sales at each possible price for a product with the consumer demand shown.
Price: Quantity demanded:
$20. 8,500
$22.5. 7,800
$25. 6,200
$27.5. 5,900
$30. 4,300
Answer:
The total value of sales is $795470
Explanation:
Given
The data shown in the table
Required
Determine the total value of sales
To do this, we simply multiply price by corresponding quantity demanded and then sum them up;
This is done as follows;
\(Total = \$20 * 8,500 + \$22.5 * 7,800 + \$25.6 * 6,200 + \$27.5 * 5,900 + \$30 * 4,300\)
\(Total = \$170000+ \$175500+ \$158720 + \$162250 + \$129000\)
\(Total = \$795470\)
Hence, the total value of sales is $795470
how can a reduction in taxation be used to influence aggregate demand
Answer:
shifting the aggregate demand curve to the right.
Explanation:
How can one improve customer service?
One can obtain regular
from customers to devise effective strategies.
Select the correct answer. Which of these do you need to do when receiving criticism? A. Do not respond to criticism. B. Ignore the criticism. C. Respond to criticism with your own criticism. D. Consider the criticism as a learning experience. E. Ask your best friend what to do.
Answer:
The correct answer is D. Consider the criticism as a learning experience.
Explanation:
Criticism is the opinion valued by a person regarding another, a thing or a situation, in which the characteristics of said person, thing or situation are evaluated, and an opinion is expressed about them, which can be favorable or unfavorable.
When a person receives a criticism without bad intention, that is, a genuine or constructive criticism, the ideal is not to feel attacked by whoever emits it, but on the contrary, to take that opinion as valid, to learn from the mistakes made and improve.
Beginning with an atom and working up to the entire planet, biologists view life as arranged from _____.
A. small and simple to large and complex
B. large and complex to small and simple
C. small and complex to large and simple
D. large and complex to large and simple
Beginning with an atom and working up to the entire planet, biologists view life as arranged from small and simple to large and complex. Atoms are the building blocks of life, and they combine to form molecules, which in turn make up cells, tissues, organs, and organisms.
Biologists study the structure and function of all levels of organization in living systems, from the molecular to the global level. They investigate how cells communicate with each other, how organisms interact with their environment, and how ecosystems evolve over time. Understanding the hierarchical organization of life is crucial for understanding the complexity and diversity of living systems and for developing strategies for conserving and managing the Earth's biodiversity. The organization of life starts with atoms, which combine to form molecules. Molecules come together to create cells, the basic units of life. Groups of cells with similar functions form tissues, and different tissues work together to create organs. Organ systems are comprised of organs working cooperatively, and these systems make up an organism. Organisms interact and form populations, which lead to communities, ecosystems, and ultimately, the entire biosphere. This hierarchy represents a progression from simple to complex, rather than large and simple to large and complex (D).
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how does Comparative Advantage Theory explain the motivation of international business ?
Expert Answer
Comparative Advantage Theory explains the motivation of international business as nations benefit from trading with each other when they have different comparative costs of production.
The motivation of international business is explained by the Comparative Advantage Theory, which claims that nations benefit from trading with each other when they have different comparative costs of production. The concept of comparative advantage, according to the theory, is based on the opportunity cost of producing a good or service. When a country has a lower opportunity cost of producing a specific good or service, it has a comparative advantage in that good or service.
The theory suggests that nations should specialize in the production of goods and services in which they have a comparative advantage and then trade with other nations that specialize in the production of different goods and services. When nations specialize in the production of goods and services in which they have a comparative advantage, they can produce more goods and services at a lower cost and can then trade them with other nations for goods and services that they cannot produce at a lower cost. This results in increased efficiency, productivity, and output for all nations involved, leading to economic growth and development.
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19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio
Answer:
Internet
Explanation:
Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.
Explain how market research is different than marketing.
Answer:
Although both involve consumers, Marketing research is concerned specifically about marketing processes, such as advertising effectiveness and salesforce effectiveness, while market research is concerned specifically with markets and distribution.
Explanation:
Which of the following is an advantage of renting over
advantage of renting over buying a home?
Answer:
having to make a down payment..
An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.
What is the most significant advantage of renting?The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.
Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.
Thus, the ideal selection is option D.
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________ is the assignment of value, or the amount a consumer must give to receive a product.
Price is the assignment of value, or the amount a consumer must give to receive a product.
Certainly! Price refers to the monetary value or cost assigned to a product or service. It represents the amount that a consumer must pay in exchange for obtaining or using the product. Price plays a crucial role in the exchange process between buyers and sellers and is a fundamental component of the marketing mix.
Here are a few key points about the concept of price:
1. Value Exchange: Price represents the value exchange between the buyer and the seller. It reflects the perceived worth of the product in the eyes of the consumer and the willingness of the consumer to part with their money to acquire the product.
2. Factors Influencing Price: Several factors influence the determination of the price for a product. These factors may include production costs, competition, market demand and supply, pricing strategies, perceived value, and consumer perceptions.
3. Pricing Strategies: Companies employ various pricing strategies to set the price for their products. These strategies can include cost-based pricing, value-based pricing, competition-based pricing, penetration pricing, skimming pricing, and promotional pricing, among others. Each strategy is based on different considerations and objectives.
4. Price Elasticity: Price elasticity of demand refers to the sensitivity of consumer demand to changes in price. It helps determine how changes in price will impact consumer behavior and the overall demand for the product. Understanding price elasticity is crucial for making pricing decisions and predicting the market response to price changes.
5. Pricing Objectives: Companies set pricing objectives based on their overall business goals. These objectives can include maximizing profitability, gaining market share, maintaining a competitive position, achieving target returns on investment, or pricing for product quality perception.
Effective pricing strategies are vital for businesses to succeed in the market and generate revenue. The price assigned to a product should be aligned with the perceived value it offers to the target market while considering various internal and external factors. Companies often employ market research, pricing analysis, and ongoing monitoring to adjust prices and optimize their market position.
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Implicit costs are:A) regarded as costs by accountants but not by economistsB) payments that a firm makes to other firms or individuals who supply resources to itC) nonexpenditure costsD) costs that proportionately with output
Implicit costs are:
option C). non expenditure costs.
How Do Implicit Costs Work?
Any cost that has already occurred but isn't necessarily displayed or reported as a distinct item is known as an implicit cost. It stands for an opportunity cost that develops when a business devotes internal resources to a task without receiving any direct payment for the usage of such resources. This implies that there is never a financial transaction when a corporation allocates its resources since it always forfeits the chance to profit from the usage of those resources elsewhere. Simply put, there is an implicit cost associated with using an object as opposed to renting or purchasing it.
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The number of seats a table can have is usually expressed as the number and the word "top". You can have 17, 4-top tables, 28, 2-top tables, 15, 6-top tables and 5, 10-top tables. How many can your restaurant seat?
A) 244 seats
B) 264 seats
C) 288 seats
D) None of the above
Answer:
B) 264 seats
Explanation:
'Top' is the number of seats per table.
17 tables with 4 seats will have
17 x 4 = 68 people
28 2-top tables
28 x 2 =56 seats
15, 6-top tables
15 x 6 =90 seats
5, 10-top tables.
5x10 = 50 seats
Total number of people who can seat
= 68 + 56 +90 +50
=264 seats
When one store stays open late to gain an advantage, its competitors begin to stay open late, too. At this point the first store is no better off than it was before, but now every store has additional expenses. This illustration is an example of what Frank and Cook call a
Answer:
Positional Arms Race
Explanation:
In the positional Arms Race, one of the competitor tries to increase its sales by offering more to its customer which would also encourage its competitor to offer more to its customers. This is because the competitor will try to retain his customers for the long term that other competitor wants to win.
As in this case, the company has began to stay open late, though it will increase its sales initially but later it would encourage its competitor to do so which will result in decline in value to company as it will increase the cost of both competitors and will not be generating enough value for the companies. This phenomenon is often referred to as Positional Arms Race.
difference between associative and commutative property
Answer:
The associative property of addition states that you can group the addends in different ways without changing the outcome. The commutative property of addition states that you can reorder the addends without changing the outcome.
Explanation:
What are the most helpful qualifications for Health Informatics careers? Check all that apply.
laboratory skills
leadership
computer skills
organizational skills
teamwork
creativity
Answer:
he is right
Explanation:
The most helpful qualifications for Health Informatics careers include computer skills and organizational skills. Therefore, options C and D are correct.
Computer skills are a key qualification in Health Informatics careers as they involve working with various software applications and systems used in healthcare data management and analysis.
Proficiency in computer skills allows professionals to effectively navigate electronic health records, data analytics tools, and health information systems.
It involves knowledge of database management, programming languages, data visualization, and understanding the technical aspects of healthcare IT infrastructure.
Possessing strong computer skills enables Health Informatics professionals to efficiently process, analyze, and interpret healthcare data to support decision-making, improve patient care, and enhance operational efficiency in healthcare organizations.
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Sheaves, inc., has sales of $22,400, costs of $11,600, depreciation expense of $2,200, and interest expense of $1,370. if the tax rate is 22 percent, what is the operating cash flow, or ocf?
the operating cash flow, or ocf is $ 7869.4
What is meant by Operating Cash Flow (OCF)?A measure of the amount of money made by a company's regular business operations is called operating cash flow (OCF). Operating cash flow reveals if a company can create adequate positive cash flow to maintain and increase its operations, otherwise, it may require external finance for capital expansion.
An essential metric for assessing the financial performance of a company's main business operations is operating cash flow.
A cash flow statement's opening part, which also contains cash from investing and financing activities, shows operating cash flow.
EBIT = Revenue - All expenses
= 22400 - 11600 - 2200 - 1370
= 7230
Taxes = EBIT × Tax rate
= 7230 × 0.22
1590.6
OCF= EBIT + Depreciation - taxes
OCF = 7230 - 1560.6 + 2200
=$ 7869.4
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Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
why it's important for an accountant to have Cross-functional
Relationships with Non-Finance Individuals
Accounting is a vital function in any organization. Accountants are responsible for the organization's financial reporting, tracking, and analysis.
Accountants collaborate with many non-finance professionals who work in different departments in the organization. Cross-functional relationships with non-finance individuals are important for accountants for the following reasons:
Enhances Communication Accountants must work with many people in the organization, including executives, managers, and other employees. By building cross-functional relationships with non-finance individuals, accountants enhance communication with other departments. This can help to ensure accurate financial reports and budgets.
Helps to Ensure Compliance Accountants work with many regulations and laws governing the preparation of financial reports. Collaboration with non-finance individuals can help accountants to ensure compliance with all applicable regulations and laws. They can learn about how other departments' work affects financial reporting and avoid any regulatory or legal violations. Aids in Understanding the Business .
To prepare an accurate financial report, an accountant must have a deep understanding of the organization's operations. Cross-functional relationships with non-finance individuals can help accountants to understand how other departments' work affects the organization's financial reporting. This knowledge can help accountants make more informed decisions, improve the accuracy of financial reporting, and provide better financial advice.
Improves Decision-making Accountants are often called upon to provide financial advice to other departments. Cross-functional relationships can help accountants to better understand the needs of other departments. This knowledge can help them make more informed financial decisions, improve the accuracy of their financial reports, and provide better financial advice.
In conclusion, cross-functional relationships with non-finance individuals are important for accountants because they enhance communication, ensure compliance, aid in understanding the business, and improve decision-making.
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PESTEL analysis of a company's "macro-environment" does not include which one of the following? Copyright © by Gio-Bus Softwars, Inc Copying, dirbuting, or 3rd party website posting inexpressly prohibited and constitutes copyright violation O Assessment of sociocultural factors and environmental factors O Assessment of technological factors O Assessment of economic conditions and political factors O Assessment of a company's immediate industry and competitive environment Assessment of legal and regulatory factors
The correct answer is: Assessment of a company's immediate industry and competitive environment.
PESTEL analysis is a framework used to analyze the macro-environmental factors that can impact a company. It stands for Political, Economic, Sociocultural, Technological, Environmental, and Legal factors. The analysis helps companies understand the external forces that can affect their business operations and decision-making.
PESTEL analysis considers various aspects of the macro-environment, excluding the company's immediate industry and competitive environment. While industry and competitive analysis are essential for understanding the specific dynamics and competition within a company's market, they are not part of the broader macro-environmental factors covered by PESTEL analysis.
PESTEL analysis focuses on external factors that are beyond the control of the company but can have significant implications for its operations. It helps identify opportunities and threats arising from political, economic, sociocultural, technological, environmental, and legal factors.
By assessing these factors, companies can develop strategies that align with the external environment and anticipate potential challenges or changes that may impact their business.
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T/F The modern economic system of the metropolis is based on a highly specialized and complex Division of labor
True. The modern economic system of the metropolis is based on a highly specialized and complex Division of labor
The modern economic system of the metropolis is based on a highly specialized and complex division of labor. This division of labor involves breaking down the production process into a series of specialized tasks and assigning different workers to each task, with each worker focusing on developing expertise in their particular area of specialization. This allows for greater efficiency and productivity in the production process, as each worker can perform their specialized task more quickly and efficiently than if they were responsible for the entire process. The modern economy relies heavily on this complex division of labor to produce goods and services at scale and at a relatively low cost.
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Describe how the income statement of a manufacturing company differs from the income statement of a merchandising company.
Unlike merchandising companies, manufacturing companies must calculate their manufacturing costs based on the volume of their goods and the manufacturing costs. This requires the manufacturing company to prepare an additional statement before preparing the profit and loss statement.
Income statements of manufacturing companies differ in several ways from those of companies in other sectors. The main difference is the manufacturing cost. This includes direct manufacturing costs, including raw material costs, direct labor, and supplies.
A manufacturing company's income statement is a multi-level statement with three inventory accounts that are taken into account when calculating manufacturing costs. These are raw material inventories, work-in-progress inventories, and finished goods inventories.
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Which feature helps streamline the purchasing process once a customer approves an estimate?
The feature helps streamline the purchasing process once a customer approves an estimate is Copy to purchase order from an estimate. Thus the correct answer is B.
What is a customer?A customer refers to a person who purchases the product. He may or may not utilize the product. The final user of any product is referred to as a consumer.
Once your estimate has been approved by the client, you can quickly copy it to a purchase order to speed up the procedure. Purchase orders only receive copies of products that are clearly indicated as vendor purchases.
Therefore, option B Copy to purchase order from an estimate is appropriate to answer.
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The complete question is Question 1
Which feature helps streamline the ordering process once a customer approves an estimate?
Price Rules
Copy to purchase order from an estimate
Automatic Purchase Orders
Export Data
netflix had a successful business model based on a large library of streaming content but then achieved even more success by also producing and distributing original content. this is an example of the potential value of .
Netflix's success in both streaming existing content and producing original content is an example of the potential value of diversification in a business model.
By diversifying its product offerings, Netflix was able to tap into new markets and create additional revenue streams. This also allowed them to differentiate themselves from competitors in a crowded streaming market.
Diversification can be achieved in various ways, including expanding product lines, targeting new customer segments, entering new geographic markets, or developing new channels of distribution. The benefits of diversification include reduced risk, increased revenue opportunities, and improved customer loyalty. However, it also involves additional costs and risks associated with managing multiple lines of business.
In Netflix's case, their original content allowed them to attract new subscribers and retain existing ones. It also gave them more control over their content library and reduced their reliance on third-party providers. Overall, diversification can be a powerful strategy for businesses looking to expand their reach and increase their bottom line.
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value laddering refers to: group of answer choices determining the root values related to product attributes that are important to consumers. using a questionnaire to measure consumers' instrumental and terminal values. grouping of consumers by common values. inferring values just by looking at product names. using the list of values.
Value laddering refers to the process of determining the root values that are important to consumers in relation to product attributes.
This is often done by using a questionnaire to measure consumers' instrumental and terminal values, and then grouping them by common values. It is not a process of inferring values just by looking at product names, but rather a more systematic approach that involves using a list of values to guide the research.
By understanding the values that consumers hold dear, companies can better align their products and marketing strategies to meet their needs and preferences.
Value laddering is a market research technique used to identify the underlying motivations and values that drive consumer behavior. It involves a series of questions designed to uncover the hierarchy of benefits that a consumer seeks from a product or service.
Value laddering begins by asking the consumer about the features of a product, then progresses to the benefits those features provide, and finally, to the values or emotions that those benefits fulfill.
By understanding the deeper values and motivations behind consumer behavior, companies can develop more effective marketing messages and product positioning strategies that resonate with their target audience. Value laddering is commonly used in product development, branding, and advertising.
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the ceo at green inc. has established that employees should adhere to a vertical communication process and a fixed work flow system, and she strictly monitors these processes. the steps taken by the ceo at green inc. reflect the behavior of leaders suggested by the ohio state studies. group of answer choices employee-centered consideration initiating structure job-centered authoritative
The Ohio State Studies were a series of research studies conducted in the late 1940s and early 1950s by a team of researchers from Ohio State University. The studies aimed to identify the key behaviors exhibited by effective leaders in order to provide a framework for leadership development.
One of the key findings of the Ohio State Studies was that effective leaders exhibited two types of behavior: consideration and initiating structure. Consideration refers to the extent to which a leader is supportive, friendly, and approachable toward their employees. Initiating structure, on the other hand, refers to the extent to which a leader is task-oriented, organized, and focused on achieving goals.
Now, to connect this to the behavior of the CEO at Green Inc., it appears that the CEO is exhibiting a high degree of initiating structure. By establishing a fixed workflow system and monitoring it closely, she is demonstrating a focus on achieving goals and ensuring that tasks are completed efficiently. This is in line with the behavior of job-centered leaders identified in Ohio State Studies.
However, it is unclear from the information provided whether the CEO is also exhibiting consideration toward her employees. The fact that she is strictly monitoring the communication process could suggest that she is not particularly approachable or supportive towards her employees, which would be at odds with the behavior of employee-centered leaders identified in Ohio State Studies.
In conclusion, the steps taken by the CEO at Green Inc. reflect the behavior of job-centered leaders suggested by Ohio State Studies. However, without more information about her behavior towards her employees, it is difficult to determine whether she is also exhibiting consideration toward them.
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