International Business Management refers to the study and application of business concepts, strategies, and practices in a global context.
It involves the management of operations, resources, and personnel across national borders to achieve organizational objectives and compete in the international marketplace.
The field of international business management encompasses various aspects such as international trade, foreign investment, global marketing, cross-cultural management, and international finance.
Import-export, on the other hand, refers to the buying and selling of goods and services across national borders. It involves the movement of products from one country to another, either for consumption or for further processing and re-export.
Import-export plays a significant role in international business as it facilitates global trade and allows businesses to access a wider market and diverse range of products.
In a 15-minute PowerPoint presentation on International Business Management and Import-Export, you can cover the following key points:
Introduction: Provide an overview of international business management and the importance of import-export in global trade.
International Business Management: Explain the key concepts, challenges, and opportunities in managing international operations, such as cultural differences, legal frameworks, global supply chains, and strategic decision-making.
Benefits of Import-Export: Highlight the advantages of engaging in import-export activities, including market expansion, access to resources, cost savings, and diversification.
International Market Entry Strategies: Discuss various market entry modes, such as exporting, licensing, franchising, foreign direct investment (FDI), and strategic alliances. Explain their advantages and considerations.
International Trade Regulations: Provide an overview of trade agreements, customs regulations, tariffs, and non-tariff barriers that impact import-export activities. Discuss the importance of compliance and staying updated with international trade laws.
Risk Management in International Business: Address the risks and challenges associated with conducting business globally, including political instability, currency fluctuations, trade disputes, and cultural differences. Discuss strategies for mitigating these risks.
Case Studies and Examples: Present real-world examples of successful international business ventures and import-export activities to illustrate the concepts discussed.
Conclusion: Summarize the main points covered and emphasize the significance of international business management and import-export for businesses in the global economy.
Remember to use visuals, graphs, and relevant statistics in your PowerPoint presentation to enhance understanding and engage the audience effectively.
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Which of the following projects is most likely be used in STEM education to learn technology concepts?
test different sandbag materials that can help prevent flooding
investigate search engine criteria to improve search results
O analyze cleaning products to determine which ones are eco-friendly
conduct a scavenger hunt to see who can find the most geometric shapes
Answer:
investigate search engine criteria to improve search resultsExplanation:
Remember, the application of STEM implies using the knowledge found in the field of science, technology, engineering, and mathematics to carry out projects.
Since the focus is on learning technology concepts, the most likely, that is, the project that is closest to technology is investigating search engine criteria to improve search results.
The answer is:
A) investigate search engine criteria to improve search results_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.
Answer:
Analyzers
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;
1. Knowing your core competencies.
2. Assessment of the organization's internal strengths and weaknesses.
3. Examination of the organization's external environment.
4. Analyze your competitors.
Analyzers are companies that uses an adaptive strategy that would help them to minimize (mitigate) risk while maximizing their profits by following or imitating the proven successes of prospective companies that are focused on fast growth and development; through a thorough search for new opportunities in the market, encouraging risk taking and being a pace setter such as being the first to introduce innovative new products to market.
Additionally, the opposite of the analyzers are reactors who do not adopt a consistent adaptive strategy but only react to changes in their external environment such as markets, customers, rivals, etc., after they have occured.
I'm watching RUBBE LANA videos
Answer:
Thats cool
Explanation:
You are given the following information for an economy.
Real GDP Population
2018 $560,000 700
2019 $590,000 800
From the information calculate the following:
Calculate the real GDP per person for 2018 and 2019
Calculate the economic growth rate from 2018-19
the real GDP per capita for 2018 and 2019 were 800 and 737.5 respectively and the economic growth rate from 2018-19 was 5.36%.
Real GDP per person for 2018 and 2019:
The real GDP per capita formula is:
Real GDP per capita = Real GDP / Population Real GDP per capita for 2018 is:
560,000 / 700 = 800Real GDP per capita for 2019 is:
590,000 / 800 = $737.5Economic Growth Rate from 2018-2019.
The economic growth rate is the percentage change in real GDP between two periods. The formula for calculating economic growth rate is:
Economic Growth Rate = (Real GDP for Year 2 - Real GDP for Year 1) / Real GDP for Year 1 × 100% Economic Growth Rate = (590,000 - 560,000) / 560,000 × 100% = 5.36%.
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i need help!!!!!!!!!!!!!!!!!!!!!!!!!!
What is the journal entry when you purchase on account?
The journal entry when we purchase the account will be:
Purchases A/c. Journal Entry: Goods purchased for cash
What is a journal entry?In your company's books, a journal entry serves as a record of a business transaction.
Every transaction requires at least two journal entries in double-entry bookkeeping.
A bookkeeper keeps track of all the changes that a transaction can bring about in a business by recording them in their journal.
The accounts payable account is credited in the purchasing journal whenever a business makes a credit transaction.
As a result, the company's liabilities rise, which will be shown in the balance sheet of the company until the debt is settled.
Goods are designated as Purchases A/c in all circumstances when they are paid for with cash or credit, donated, lost, or withdrawn for personal use. Journal entry: Items paid for with cash.
Therefore, the journal entry when we purchase the account will be:
Purchases A/c. Journal Entry: Goods purchased for cash
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For both articles, what can you tell me about the values of Harvard and Entrepreneur?
The article referenced is "If you want to be an entrepreneur, don't go to Harvard.
What are the values of the Harvard Graduate viz a- viz that of the Entrepreneur?Regardless of the size of the organization, "Core Values" should be prioritized. Values direct the path of business, influencing strategy and decision making. Essentially, basic principles serve as the foundation around which we develop our firm. Core Values provides several advantages to the firm.
Students at Harvard have access to classes, research institutions, and faculty mentors from around the university. It's the ideal location to explore your favorite and yet-to-be-discovered academic interests, with world-renowned teachers, cutting-edge resources, and personalized training.
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Which of these best describes prices in a market economy?
answer choices
a signal for consumers to purchase less
a signal for producers to manufacture less
a set of compromises between buyers and sellers
a set of compromises between the government and citizens
A set of compromises between the buyers and the sellers best describes prices in a market economy. Option C is correct
In a market economy, not set in stone by the powers of market interest. At the point when interest for an item or administration is high, costs will generally go up, and when the request is low, costs will more often than not go down. Also, when supply is high, costs will more often than not go down, and when supply is low, costs will more often than not go up.
In a market economy, purchasers and dealers arrange costs through the course of trade. The value that is at last settled upon is a split the difference between the thing the purchaser will pay and what the dealer will acknowledge. This exchange cycle makes trade-offs among purchasers and vendors that decide the market cost.
Subsequently, C. a bunch of compromises among buyers and sellers is the right choice.
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Isaac has analyzed two mutually exclusive projects that have 3-year lives. Project a has an npv of $81,406, a payback period of 2. 48 years, and an aar of 9. 31 percent. Project b has an npv of $82,909, a payback period of 2. 57 years, and an aar of 9. 22 percent. The required return for project a is 11. 5 percent while it is 12 percent for project b. Both projects have a required aar of 9. 25 percent. Isaac must make a recommendation and justify it in 15 words or less. What should his recommendation be?.
Since the projects are mutually exclusive, only one project can be accepted Accept Project B and reject Project A because Project B has higher NPV
Since the payback period and IRR is being met by both, Project with a higher NPV must be selected for higher value addition.
Mutually special tasks are capital tasks that compete without delay with each different.
For instance, if a supervisor has to make a desire strictly between challenge either assignment X or Y, however not each of them simultaneously, then initiatives X and Y are stated to be at the same time specific.
The difference among together extraordinary and impartial events is: a jointly exclusive event can absolutely be described as a scenario when occasions can not arise at an identical time whereas an unbiased occasion takes place whilst one event remains unaffected via the incidence of the opposite event.
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I need help with the business ventures Pt 3 assignment, I dont know how to do the tables with graphic designing business. I NEED HELP FAST!!!
Graphic design is a field that creative people with a love of art, technology, and communication might want to consider.
What about graphic design?Graphic design is both a profession and an academic field. and applied art, whose work entails the projection of visual signals meant to convey particular messages to social groups with specific aims. An multidisciplinary area of both the fine arts and design, graphic design is. Using manual or digital technologies, it requires creativity, invention, and lateral thinking. Text and visuals are frequently used to convey ideas graphically.The graphic designer's function during the communication process is that of the message's encoder or interpreter. They focus on the analysis, arrangement, and presentation of visual messages. Graphic design typically goes beyond what language alone can say by using ornamentation, graphics, compositional arrangement of the text, and appealing typography.Graphic design is a field that creative people with a love of art, technology, and communication might want to consider.
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In need of some general advice.
I never have and most likely never will participate or be in any business classes. does this seem like a good idea?
starting by dropshipping for $2-3 less than I pay for the item, then going up on my price slowly during inflation as I get more people buying stuff.
Answer:
I think you should do what you want so if you don't want to do it then don't but if you do go ahead and do it . You should do what you feel like doing
Have a good Day
If the supply of a good decreased, what would be the effect on the equilibrium price and quantity?.
If the supply of a good decreased, the effect on the equilibrium price and quantity would be as; Equilibrium price would increase, and Equilibrium quantity would decrease.
Equilibrium price would increase; With a decrease in supply, the quantity of the good available in the market would be lower than before. This would create a situation of excess demand, where buyers would be willing to pay a higher price to acquire the limited quantity of the good available.
Equilibrium quantity would decrease; With a decrease in supply, the quantity of the good available in the market would be lower than before. As a result, the quantity demanded would exceed the quantity supplied, and there would be a shortage of the good in the market. In the short run, this shortage would lead to a decrease in the quantity exchanged (sold), as some buyers who are unable or unwilling to pay the higher price will be forced to look for substitutes or reduce their demand.
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go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.
Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.
To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:
Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.
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Marcus is planning an educational event and has decided to place an advertisement in the local paper. What must the advertisement include
The advertisement should include a statement that makes it clear that the event is for educational purposes only.
What is advertisement?It should be noted that advertisement simply means the promotion of a product or service.
In this case, the advertisement should include a statement that makes it clear that the event is for educational purposes only.
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What is the relationship between insurance and successful financial management? 1. Why is insurance important? 2. Consider your home and possessions. What types of risks do you face? What insurance would you recommend to someone in a similar location? 3. What are personal, property, and liability risks? What are examples of personal, property, and liability risk? 4. Why is estate planning important? 5. What is the principle of indemnity? Why is this principle important?
Answer:
insurance is important in that it helps you indemnity the losses occured after the risk occurrence
Explanation:
insurance ensures that you are covered from all period and hazards
1. What is the relationship between insurance and successful financial management? Why is insurance important?
The relationship between insurance and successful financial management is important because while successful financial management helps with unexpected situations requiring emergency planning, insurance is a contract made to ensure that your assets are protected and damage paid for if that event occurs.2. Consider your home and possessions. What types of risks do you face? What insurance would you recommend to someone in a similar location?
You could be risked by fires, high winds, hail, and lightning damage to protect your possessions you would need Homeowners insurance. To be protected from natural disasters you may need additional coverage (if natural disasters occur often).3. What are personal, property, and liability risks? What are examples of personal, property, and liability risk?
Some personal, property, and liability risks would be poor health and old age, having your property damaged, and being responsible for something that happens that could lead to a lawsuit.4. Why is estate planning important?
Estate planning can be important because estate planning is about protecting your loved ones, transferring your assets to heirs.5. What is the principle of indemnity? Why is this principle important?
The principle of indemnity is compensation, ensuring that you will not lose any finances.using the aging approach, management estimates that $1,000 of accounts receivable will be uncollectible. the allowance for doubtful accounts has a $100 unadjusted credit balance. the adjusting entry to record estimated bad debts includes a . (check all that apply.)
"Management expects that 15 of the 100,000 dollars in credit soles will be uncollectible," reads the full statement. The Doubtful Accounts Allowance has a $100 unsecured credit line. The funding entry to record estimated bad debts includes a
debit to Bad Debt Expense of $ 900credit to Allowance for Doubtful Accounts of 900, Option B and FThis is further explained below.
What is bad debt?Generally, A loan or outstanding sum that is no longer considered collectible and must be wiped off is an example of what is referred to as "bad debt."
Because there is always some risk of default that is connected with granting credit, it is inevitable that some debt will become delinquent at some point over the course of conducting business with clients.
In conclusion, Here, the entry in the diary would be -
900 DR. BAD DEBT EXPENSE
CR. DOUBTFUL Accounts Allowance - 900
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Businesses use firewalls to protect their networks from internal threats.
O True
False
if you're a digital marketing consultant, how would you describe the tag to your new advertiser?
As a digital marketing consultant, I would describe a tag to my new advertiser as a piece of code that is inserted into a website's HTML code and is used to collect information about a user's behavior on that website. It is also known as a tracking pixel, web beacon, or tracking script.
A tag allows a website owner to track users' activities on their site, such as the pages they visit, the products they view, and the actions they take. This data can be used for a variety of purposes, such as retargeting users with ads, optimizing website content, and analyzing website traffic.
A tag is typically provided by an advertising or analytics platform, and the website owner simply needs to insert the code into their site's HTML. There are different types of tags, such as conversion tracking tags, remarketing tags, and analytics tags, each with its specific purpose.
In summary, a tag is a code that tracks user behavior on a website and is essential for gathering data that can be used to optimize digital marketing campaigns.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Anna's job pays $10 per hour, and she works 40 hours per week. Her tax rate is 20 percent. Assuming she works 50 weeks per year, the amount she will pay in taxes is $4,000 $14,000 $20,000 $30,000
of all management duties, one of the things managers like the least is:
One of the things managers often dislike or find challenging is delivering difficult feedback or disciplinary actions to employees.
Managers are responsible for overseeing the performance and development of their team members. This includes providing feedback, both positive and constructive, to help employees improve their skills and meet performance expectations. However, delivering negative feedback or disciplinary actions can be uncomfortable and unpleasant for managers.
Having to address performance issues, behavior problems, or deliver disciplinary measures requires managers to navigate potentially sensitive or uncomfortable conversations. These situations can create tension, conflict, and may even impact relationships with employees. Additionally, managers may worry about the impact of such actions on team morale and dynamics.
Despite the challenges, it is important for managers to address performance issues promptly and fairly to ensure the overall effectiveness of the team and maintain a positive work environment. Effective communication, empathy, and providing constructive feedback can help managers navigate these difficult conversations with greater success.
While managers may dislike delivering difficult feedback or disciplinary actions, it is an essential part of their responsibilities to ensure the productivity and development of their team. By approaching these situations with empathy, open communication, and a focus on constructive improvement, managers can effectively address performance issues and maintain a positive work environment.
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a salesperson for a national soft drink company is studying the purchases of current customers before he decides to whom he should introduce his company's new diet drink. which stage of the sales cycle is he in?
The stage of the sales cycle that salesperson for a national soft drink company is studying the purchases of current customers before he decides to whom he should introduce his company's drink is Pre-approach.
What is sales cycle?The sales cycle is the process that a business or salesperson goes through to close a sale or transaction with a customer. It typically includes several stages, from prospecting and lead generation to follow-up and post-sale support. The length and complexity of the sales cycle can vary depending on the industry, product, and customer.
Some common stages of a sales cycle is Prospecting: This is the process of identifying potential customers and gathering information about them.
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Chloe is 23 years old, has weak financial health, a long time horizon, and an average risk tolerance. Drag the slider to decide what percentage she should invest in stocks versus bonds and cash equivalents. When you’re finished, click submit.
Based on Chloe's age and other variables, the ideal percentage that should invested is 70% in stock and 30% in bonds/ cash equivalents.
Chloe:
Is young which means that there should be more stocks than bonds in her portfolio due to the longer growth period attached to stocks Has an average risk tolerance which means that she shouldn't invest too much in stocks but should balance it out with bonds Has a long term horizon which supports more stocks than bondsWith all of these in mind, it would be best that Chloe invest more into stocks but not too much due to her average risk tolerance. The best percentage for stocks would be in the 70s and for bonds, the 30s.
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Answer: The answer is 77% stocks and 23% in bonds
Explanation:
2. Which of the following holds large quantities of product that are later sent either to retail
locations or directly to customers?
A. Manufacturer
B. Wholesaler
C. Distribution center
D. Retailer
Answer:
A.
Explanation:
Manufacturer is a person or a registered company that produces finished goods from raw materials and sell to earn profit. The manufacturers sell it's finished products to retailers or wholesalers, who then sell it to customers. Manufacturers can also sell it's product directly to customers to earn profit.
Therefore, the correct answer of the question is option A. It is manufacturers who produces large quantities of finished goods and sell it to retailers and wholesalers and sell it directly to customers.
Thus option A is correct.
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
Kathy and Jake are purchasing a house and are financing $465,000. The mortgage is a 20-year
5/1 ARM at 3.5% with a 2/7 cap structure. What will the remaining balance be after the first 5 years?
a $396,038.65
b$427,354.28
c $407,836.29
d $377,238.57
Answer:
D
Explanation:
The remaining balance on a 20-year 5/1 ARM at 3.5% interest with a 2/7 cap structure after 5 years will be $377,238.57.
Pro life tip: Do NOT finance your home with an ARM mortgage.
Good luck in your studies!
The management of a firm decided that the daily marginal cost function to be MC(q) = 0.3q 2−30q+2000 rand/unit and the daily fixed cost R500000. Find the total cost incurred by the firm to produce the first 100 units.
The total cost incurred by the firm to produce the first 100 units is 502000rand.
Given that the daily marginal cost function of a firm to produce a commodity is MC(q) = 0.3q^2 − 30q + 2000 rand/unit and daily fixed cost = R500000.
To find the total cost incurred by the firm to produce the first 100 units, we have to use the following formula; Total cost incurred = Total variable cost + Total fixed cost
where, Total variable cost = Marginal cost * Quantity produced total variable cost of producing the first 100 units = MC(100) × 100= (0.3 × 100²) − (30 × 100) + 2000= 3000 − 3000 + 2000= 2000r and
Hence, the total cost incurred by the firm to produce the first 100 units = Total variable cost + Total fixed cost= 2000 + 500000= 502000rand.
Therefore, the total cost incurred by the firm to produce the first 100 units is 502000rand.
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The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?
Answer:
yes
Explanation:
Answer:
Point "B"
Explanation:
The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.
Search yahoo finance and/or any other credible source(s) to find the most recent income statement and balance sheet of a major corporation, then perform a vertical financial analysis incorporating: debt ratio debt to equity ratio return on assets return on equity current ratio quick ratio inventory turnover days in inventory accounts receivable turnover accounts receivable cycle (in number of days) accounts payable turnover accounts payable cycle (in number of days) earnings per share (eps) price to earnings ratio (p/e) cash conversion cycle (ccc) working capital explain dupont identity. Apply it to your selected company. Interpret the components in dupont identity
Search Yahoo Finance and other trusted sources to find the latest income statements and balance sheets of large companies.
Provide these statements in a suitable format (financial report)
Conduct vertical financial analysis
Debt ratio
gearing
return on investment
return on equity
current ratio
fast relationship
Inventory turnover
Inventory days
accounts receivable
Accounts Receivable Cycle Days
Accounts payable Sales
Accounts Payable Cycle (days)
Earnings per share (EPS)
Price Earnings Ratio (P/E)
Cash Conversion Cycle (CCC) and
working capital
Describe the DuPont identity, apply it to selected companies, and interpret the components of the DuPont identity.
Provides detailed and concise descriptions and definitions. Be sure to submit your financial statements along with your vertical financial analysis.
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CAREER (need help need to be %100 right)
Any activity that leaves you feeling weaker after you do it is a ___?
A) talents
B) strength
C) interest
D) weakness
Practicing and hard work builds your talents into ___?
A) strengths
B) weaknesses
C) motivation
D) passion
Answer:
D) weakness
A) strengths
Explanation: