Which part of the company interacts with customers after they have purchased the product or service?
A. Sales
B. HR
C. Marketing
D. Customer service

A country has a comparative advantage in a product if the world price is lower than its domestic opportunity cost of producing that product.

Comparative advantage refers to a country's ability to produce a particular good or service at a lower opportunity cost compared to other countries. The opportunity cost is the value of alternative products or services that could have been produced with the same resources.

When the world price of a product is lower than the domestic opportunity cost, it becomes more beneficial for the country to specialize in producing the product in which it has a comparative advantage and trade it with other countries.

By specializing in the production of the product with a comparative advantage and trading it at the lower world price, the country can obtain goods or services from other countries at a lower cost than if it had produced everything domestically. This allows for greater efficiency and benefits from international trade.

In summary, a country has a comparative advantage in a product when the world price is lower than its domestic opportunity cost for producing that product, indicating that it can benefit from specializing in the production of that product and engaging in international trade.

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The company will continue to function in the short run, manufacturing the quantity where MR=MC reduce its losses if price goes down below average total cost but continues above average variable cost.

According to the concept of the short run, some inputs would be constant while others will be variable within a particular period of time in the future. It expresses the belief that an economy reacts to certain stimuli differently based on the amount of period it has to do so. The term "short run" doesn't really relate to a precise amount of time but instead to the business, industry, or economic component under study.

The company will continue to function in the short run, manufacturing the volume where marginal revenue equals marginal cost  in order to reduce its losses if price goes down below average total cost but remains above average variable cost. If the price goes down below the average variable cost, the business will temporarily shut down operations, bringing down production to zero.

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Answer:

contra

Explanation:

because its true

Answer:

sorry I didn't see your question

Explanation:

very very sorry for my information

The correct answer is a. an income trust .An income trust is a form of business organization that holds all the debt and equity of an underlying business and distributes the income generated by that business to its owners.

It is structured as a trust and is designed to minimize or eliminate corporate income tax. Income trusts are commonly used in Canada.

Income trusts are not taxable at the corporate level because they distribute their earnings to unitholders, who are responsible for paying taxes on their share of the income. This is similar to a pass-through entity where the tax liability passes through to the individual owners or investors.

Therefore, the correct answer is option a. an income trust. It is a specialized form of business organization that allows for the distribution of income to owners while minimizing corporate income tax.

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To provide the appropriate classification code for each transaction, it is necessary to understand the distinctions between investing activities (IA) and financing activities (FA) on a statement of cash flows.

Investing activities typically involve the acquisition or disposal of long-term assets and investments, such as property, plant, and equipment, as well as the buying or selling of securities or other financial instruments. Examples of transactions falling under this category include purchasing or selling property, plant, and equipment, buying or selling investments, and lending or collecting on loans made to others.

Financing activities involve transactions related to the capital structure of the company, such as issuing or repurchasing stock, obtaining or repaying debt, and paying dividends. Examples of transactions classified as financing activities include issuing or repurchasing stock, obtaining or repaying loans, and paying dividends to shareholders.

It is important to note that the classification of certain transactions may vary based on the specific circumstances and context of the company. Therefore, it is recommended to refer to the actual financial statements and related notes for precise classification.

Without specific transactions provided, it is not possible to assign classification codes to them. If you provide the transactions, I would be happy to assist you in classifying them.

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Answer:

checking account

Explanation:

A checking account is the bank account in which you can easily access your money. Here the purchase could be made via debit card, cheques, etc. It have no interest or low interest. It contains the service fees but it could be waived off by meeting out the balance or the requirement of the direct deposit

so as per the given situation, the person wants to perform frequent transactions without having any penalty and also she wants to maintain the minimum balance

So checking account should be opened

These special economic zones attempted to stimulate the Chinese economy by "raising tariffs" These tariffs made it more profitable for the Chinese to produce goods.

How were the special economic zones SEZs intended to help China's economy?

In addition to spurring the Chinese economy by attracting foreign investment, the SEZs also helped reform the Chinese economy through the processing of imported materials, compensatory trade, cooperative enterprises, joint ventures and enterprises based on foreign capital

Why did the "special economic zones" (SEZs) of China succeed?

They used foreign investment to stimulate the Chinese economy

How do special economic zones contribute to economic growth?

SEZs can help attract investment, create jobs and boost exports – both directly and indirectly, where they succeed in building linkages with the broader economy. Zones can also support global value chain (GVC) participation, industrial upgrading and diversification. Zones are a key investment promotion tool.

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When an employee does not exhibit a desired behavior, a manager might use different methods.

The following are some of the methods that a manager might use to address the situation: Counseling and Feedback: This method is an informal one-on-one conversation between the manager and the employee. During the counseling session, the manager and employee discuss the employee's behavior and explore ways to improve it. The feedback offered should be specific, accurate, and timely. It is also essential to provide positive feedback to the employee for areas of improvement where the employee is performing well. Workshops and Training: A manager may arrange workshops and training programs to provide employees with knowledge and skills to improve their behavior. The training can be internal or external. The internal training will be cost-effective for the organization and can be customized as per the specific requirements of the company. The external training will provide employees with new insights and ideas, and it will allow them to network with other professionals. Punishment and Disciplinary Action: When an employee fails to exhibit the desired behavior, a manager may use disciplinary actions such as verbal warning, written warning, suspension, or even termination of the employment. However, disciplinary actions should be the last resort as they may demotivate employees, create negative work culture and may result in high turnover rates in the long term. Conclusion In conclusion, when an employee does not exhibit the desired behavior, a manager may use counseling, training, or disciplinary action as the situation demands. In this way, the manager can ensure that the employees follow the rules, regulations, and guidelines of the organization, maintain a positive work culture and work towards achieving the organization's goals.

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Answer: B. Marci interviews a city council member about placing new stop signs in her neighborhood.

Explanation:

Answer:

manager or head of accounting that makes the most sense to me

Explanation:

Answer:

Waves are created when a source of energy causes a medium to vibrate. A vibration is a repeated back-and-forth or up-and-down motion. This motion is the source of the wave. Waves are classified according to how they move.

Explanation:

According to Marxist-socialist tenets, law is strictly subordinate to prevailing economic conditions, such fundamental propositions as private ownership, contracts.

Marxists contend that compared to a capitalist society, a socialist one is far better for the majority of people. "The socialization of production is bound to result in the conversion of the means of production into the property of society," wrote Vladimir Lenin before the Russian Revolution.

The core tenets of the Marxist worldview hold that social class is the most significant category of people and that the economic circumstances of a society form its foundation. Another tenet states that community ownership of the means of production will replace private property as the primary institution of capitalism.

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If it's a personal expense, an excise tax is not deductible.Excise taxes that are typical and essential costs of operating your trade or service are deductible as business expenses.

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Answer:

Brokerage firm

Explanation:

The conditions that need to be satisfied to use the Central Limit Theorem for the sampling distribution of the proportion of Americans who worry a great deal about federal spending and the budget deficit are: 1. np ≥ 5 and nq ≥ 5, and 2. n ≥ 30 or X follows a normal distribution.

The Central Limit Theorem states that the sampling distribution of a proportion approaches a normal distribution if certain conditions are met.

These conditions are: 1. The sample size should be sufficiently large, typically n ≥ 30, or if the population distribution is unknown, we need to have np ≥ 5 and nq ≥ 5, where p is the probability of success (proportion of Americans who worry a great deal) and q is the probability of failure.

2. The underlying distribution of the variable being sampled should be approximately binomial. This implies that X, the number of Americans who worry a great deal, should follow a binomial distribution.

The requirement for the sample to be representative of all Americans is not directly related to the conditions for using the Central Limit Theorem.

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Answer:

Explanation:

A sales quote allows a prospective buyer to see the costs that will be involved for desired work.

Risk management can be defined as the process of discovering and assessing the risks to an organization's operations and determining how those risks can be controlled or mitigated. There are four types of risk management, such as:

When an organization consider the full range of risks it faces, risk management program helps those organization. Risk management also examines the cascading impact they could have on an organization's strategic goals and the relationship.

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In this scenario, the shareholders of the corporation have brought an action against Saxon, the president and director of the corporation, for causing the corporation a substantial loss by proposing the construction of a restaurant in a location that turned out to be a financial disaster.

Under the business judgment rule, directors and officers of a corporation are protected from liability for their business decisions if they make those decisions in good faith, with the care that an ordinarily prudent person in a like position would exercise under similar circumstances, and in the best interests of the corporation. If a decision turns out to be a mistake or results in a loss, the courts will not second-guess the decision as long as it was made in accordance with these standards.

In this case, it appears that Saxon made a business decision to recommend the construction of a new restaurant in Portland based on information that seemed to be reliable and in the best interests of the corporation. He presented the relevant facts to the board of directors, who agreed with his proposal and authorized the construction of the restaurant. It was only after the restaurant was built that the plans for the highway were changed, resulting in a financial disaster for the corporation.

Assuming that Saxon acted in good faith, with the care of an ordinarily prudent person in a like position, and in the best interests of the corporation, he would likely be protected by the business judgment rule. The fact that the decision turned out to be a mistake or resulted in a loss does not necessarily mean that Saxon breached his fiduciary duty. The shareholders would have to show that Saxon acted recklessly or negligently, or that he had a conflict of interest that influenced his decision, in order to hold him liable for the corporation's losses.

Therefore, the result of the action brought by the shareholders against Saxon would depend on whether they can prove that he breached his fiduciary duty of care and loyalty to the corporation. If they cannot meet this burden of proof, Saxon would likely be protected by the business judgment rule and not liable for the corporation's losses.

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It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.

1. Lilly's Challenge to Dividend Denial and Bonus Payment:

Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:

a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.

b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.

c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.

Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.

2. Travel Agency in Voluntary Administration:

If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:

a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.

b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.

For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.

3. Terry's Breach of Director's Duties:

Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:

a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.

b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.

c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.

d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.

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Thus both China and the US are better off than before they specialized,

2. Opportunity Costs are:

China - Computer - 20, So Shirts - 1/20.

America - Computer - 10, So Shirts - 1/10.

As we can see, China needs to give up a fewer number of computer than America to produce an additional shirt, China has a comparitive advantage in shirt production. America then must have a comparative advantage in producing the other good, ie. computers.

3. As China has comparitive advantage in shirt production, so China would export shirts.

To understand it with numbers, suppose China has 100 workers, so total worker-hours available = 100 worker-years.

Total Production of Shirts by China = 100*100 = 10,000 Shirts.

China would definitely benefit from trade as it can get more number of computers for the same working hours deployed. Let's say, China gives its 50% of produced shirts to America & in turn America gives 50% of produced computers to China.

In this scenario, China will have 5000 of Shirts & 500 Computers, while without trade, it would have had 5000 shirts & only 250 computers with 50% of available working hours deployed to ecah production.

4. Suppose the terms of trade are 1 shirt = 0.15 computers (within the range above):

China specializes in shirts and produces 10,000 shirts and no computers.

Suppose she exports 5,000 of them to the US.

In return, she then imports (0.15*5,000) = 750 computers from the US.

∴ China produces (10,000 shirts, 0 computers) China consumes (5,000 shirts, 750 computers).

The US -- on the other hand – specializes in computer production, thus produces 0 shirts and 2,000 computers.

If she exports 750 computers to China, she gets 5000 shirts at the current terms of trade. This means she has (2000-750) =1250 computers left to consume domestically.

The US produces (0 shirts, 2,000 computers) The US consumes (5,000 shirts, 1,250 computers).

Thus both China and the US are better off than before they specialized, since, recalling from (b) above, the autarky (no trade) production and consumption bundles were: China (5,000 shirts, 500 computers).  US (5,000 shirts, 1,000 computers) 

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Answer:

In economics, the resource that encompasses the natural resources used in production. ... Land was considered to be the “original and inexhaustible gift of nature.” In modern economics, it is broadly defined to include all that nature provides, including minerals, forest products, and water and land resources.

Answer:

land is a free gift of nature and the foundation of production

Samsung loyalists have long placed multitasking capabilities at the top of the list of reasons they prefer Galaxy devices. Galaxy devices leverage crisp, expansive screens to give users a variety of options for working across multiple apps.

What is meant by multitasking ?

When someone tries to do two things at once, switches between tasks, or quickly completes two or more jobs, they may be multitasking.

Psychologists conduct task-switching research to determine the costs of this type of mental "juggling."

Multitasking occurs when a person performs multiple tasks at the same time.

Examples include talking on the phone and watching television while chewing gum, or writing emails during a conference.

According to research, multitasking has both advantages and disadvantages.

Although a hyphen is not required for the word "multitask," it is commonly used and is not a typo.

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a. Activity rate for Casting $ 30 per machine hour, Assembly $ 26.67 per direct labor hour, Inspecting $ 42 per inspection, Setup $ 76 per setup, and Materials handling $ 25 per load.

b. The total and per-unit activity costs associated with each product are

Product Total                                Activity Cost  Activity Cost Per Unit

Entry Lighting Fixtures                 $ 319,260       $ 53.21

Dining Room Lighting Fixtures    $ 514,510        $ 171.50

a. Determine the activity rate for each activity.

1. Casting: $570,000 / 19,000 machine hours = $30 per machine hour

2. Assembly: $80,000 / 3,000 direct labor hours = $26.67 per direct labor hour

3. Inspecting: $42,000 / 1,000 inspections = $42 per inspection

4. Setup: $38,000 / 500 setups = $76 per setup

5. Materials handling: $23,750 / 950 loads = $25 per load

b. Using the activity rates in (a) to determine the total and per-unit activity costs associated with each product is as follows:

1. Casting: 6,000 machine hours * $30 = $180,000

2. Assembly: 3,000 direct labor hours * $26.67 = $80,010

3. Inspecting: 600 inspections * $42 = $25,200

4. Setup: 300 setups * $76 = $22,800

5. Materials handling: 450 loads * $25 = $11,250

Total Activity Cost: $319,260

Activity Cost Per Unit: $319,260 / 6,000 units = $53.21

1. Casting: 13,000 machine hours * $30 = $390,000

2. Assembly: 3,000 direct labor hours * $26.67 = $80,010

3. Inspecting: 400 inspections * $42 = $16,800

4. Setup: 200 setups * $76 = $15,200

5. Materials handling: 500 loads * $25 = $12,500

Total Activity Cost: $514,510

Activity Cost Per Unit: $514,510 / 3,000 units = $171.50

So, the activity costs for Entry Lighting Fixtures are $319,260 in total and $53.21 per unit, and for Dining Room Lighting Fixtures, they are $514,510 in total and $171.50 per unit.

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Answer:

The answer is reducing the risks for customers.

Explanation:

Businesses in a competitive market do many things to outshine their competitors. One of such things is offering a warranty to help pay for future damages. A warranty is simply an assurance that the business would be willing to help if a customer experiences challenges from use of the product sold by the business outfit. The business would either get the product fixed or give a new one to the customer with no additional cost.

Customers/consumers love warranty because it gives them full assurance and sense of security. As such, any business which offers warranties on their products would be seen as prepared to help reduce the risk for consumers of ther products.

Answer:

C

Explanation:

Suppose that the buyers of bread earn higher incomes and bread is an inferior good. in the market for bread, this will cause the demand for bread to decrease and the equilibrium price to decrease.

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In the era of PR where we see PR trends focusing on organizational transparency and international relationships is the modern era.

This era is characterized by the rise of digital communication and globalization. With increased access to information and technology, organizations have recognized the importance of being transparent with their stakeholders.

This includes being open and honest about their actions, policies, and practices. Additionally, the global nature of business and communication has led to an emphasis on building and maintaining relationships with international audiences and stakeholders.

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Answer:

Team cooperation encourages employees to work together for the benefit of the organization. It reduces the desire of employees to complete against each other,which often never good for the business,and instead focus on working together to achieve a common goal.