The answer is : Data.
In its most basic form, data is just a stream of unorganized facts with low value.
What does organization mean?A group of individuals involved in achieving specific goals is referred to as an organization. All formal human connections are included in it, which can be thought of as a social structure. The organization includes assigning duties to workers in accordance with their areas of responsibility and coordinating their efforts with the company's overall objective.
It can also be considered to as the second-most significant managerial task because it involves coordinating employee efforts, obtaining resources, and combining the two in order to achieve the objectives of the organization. By carefully planning and coordinating operations, organization is a goal-oriented process that seeks to accomplish those goals. It bases its operations on the idea of task division and establishes a hierarchy of authority and responsibility among its participants.
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When a company such as best buy provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of:_________
When a company such as best buy provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of: experiencing the product or service.
Who is a loyal customer?
A loyal customer can be defined as those customers that often buys product from a particular person and those not buy from any other person else. This type of customers are often loyal to the core.
Product or services experience is important as it enables customers to remain loyal to the company based on the quality of service the customer enjoy and the value the company add to the customers.
Therefore this is an example of: experiencing the product or service.
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Since budgeting is a financial function and mostly an analytical and quantitative exercise, it generally has no impact on human behavior, motivation and decision making. true false
Since budgeting is a financial function and mostly an analytical and quantitative exercise, it generally has no impact on human behavior, motivation and decision making. This is false.
What is budgeting?The process of making a spending plan is known as budgeting. Budget refers to this plan for spending money. By making this spending plan, you can predict whether you will have enough money to take care of the things you need to or want to do.
It should be noted that budgeting is a financial function and mostly an analytical and quantitative exercise, it generally has impact on human behavior, motivation and decision making. Budgeting is important in our lives.
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Paying an amount on account reduces:_______
a. an expense.
b. stockholders' equity.
c. net income.
d. the amount owed on a liability.
Option (d) the amount owed on a liability is correct.
Paying an amount on account reduces the amount owed on a liability.
What is liability?A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.There are various ways to define a liability's duration. The average duration (or mean term) of the liability is what is typically meant by the term "duration of liability" in actuarial valuation. In other terms, it refers to the typical rate of a liability's repayment.Liabilities can be used by businesses to increase liquidity if they are having cash flow issues. Most small and medium-sized enterprises lack the financial resources necessary to grow.Learn more about liability here:
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Which of the following describes what is identified by a supply schedule?
a How much suppliers will profit at various prices
b How much consumers will save at various supply levels
c How much suppliers will raise prices as production varies
d How much of a product suppliers will produce at various prices
What is identified in a supply schedule is how much of a product suppliers will produce at various prices (option D).
What is a supply schedule?A supply schedule is a table that shows the price and quantity supplied of suppliers. It shows the total number of goods that would be supplied at various prices.
There is a positive relationship between price and the quantity supplied. This is because as price increases, there would be an increase in the quantity supplied. When price declines, there would be a decrease in the quantity supplied. This explains why the supply curve is positively sloped.
The supply schedule can be an individual schedule or a market schedule. When its an individual schedule, it contains information on only one supplier. If it is a market schedule, it aggregates the information of all the suppliers in the market.
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Although entrepreneurs expect to succeed, they must be realistic and recognize that they are taking a(n) ________because many small businesses also fail every year. listen to the complete question
"Although entrepreneurs expect to succeed, they must be realistic and recognize that they are taking a Risk because many small businesses also fail every year", so answer is Risk.
Who is an Entrepreneur ?An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
The Bureau of Labor Statistics reports that over 20% of small enterprises fail during the first year. Thirty percent of enterprises will fail before the end of the second year. About half of students will have failed by the conclusion of the fifth year. Additionally, just 30% of enterprises will still be operating by the end of the decade, representing a 70% failure rate.
Therefore, the answer is Risk, every entrepreneur wants to succeed but they should realize that they are taking a risk.
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An expectation that is related to how the project manager manages the project is a __________ expectation.
An expectation that is related to how the project manager manages the project is a process expectation
A process expectation is a type of expectation that relates directly to the execution of a business project and how it is managed by the project manager in terms of planning, resource management, implementation and completion of the project and a business plan established by the company.
What is a business plan?A business plan is a document in which the company establishes its objectives and goals along with the activities to be carried out to achieve these objectives and goals that have been set.
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Tqm stands for? total quality management. transforming quality management. total quality manipulation. thomas quinn mann, a famous data quality innovator.
TQM stands for Total quality management.
TQM (Total Quality Management) is a management framework. It is a belief that an organization can build a long-term success. With all the members, from lower level workers to the higher level workers. They mainly focus on improving quality and thus, delivering customer satisfaction. Total Quality Management mainly requires organizations to focus on their continuous improvement. Their main focus in on improving long term, rather than simply emphasizing short term financial goals.
Total quality management have a main objective to eliminate waste and increase efficiency and ensure that the production process of the organization's product (or service) is done right the first time.
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The market interest rate related to a bond is also called the? a.face interest rate. b.contract rate. c.coupon rate. d.effective interest rate.
The contract rate is another name for the market interest rate associated with a bond.
The current interest rate provided on cash deposits is known as the market interest rate. This rate is affected by a number of variables, including as the interest rates set by the central bank, the inflow and outflow of capital, the quantity and length of deposits, and the duration of deposits. The cost-benefit ratio of the instrument was determined by the market rate, which is the rate of interest on a loan or investment that is typically offered on the market for that product. The market rate for a loan is the typical interest rate that will be assessed to the recipient by a number of lenders.
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Owned by stockholders whose liability is limited to the amount they have invested in the business.
Owned by stockholders whose liability is limited to the amount they have invested in the business Corporation.
What is business corporation?
A corporation is a collection of people or a business that has been given legal status as a single entity by the state and is used for specific legal purposes. Early corporations were created with a charter. The majority of governments currently permit the registration of new corporations.
therefore,
Owned by stockholders whose liability is limited to the amount they have invested in the business Corporation.
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Entrepreneurs who have engaged in years of deliberate practice tend to have ______.
Most of the entrepreneurs who have engaged in years of deliberate practice tend to have a higher sense of intuition.
Who are the entrepreneurs?This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks & rewards of their business venture. Their business idea usually entails a new product or service rather than an existing business model.
It is not a rocket science that an entrepreneurs with professional experience are better critical thinkers. No matter what work they do or happen, they are being able to analyze things critically till the point of their favors.
Hence, a higher sense of intuition is important for an entrepreneur because it allows swift decision making. Even, when people allow intuition to be part of their decision-making process, they experience less regret and feel less conflicted when they make important decisions
In conclusion, the entrepreneurs who have engaged in years of deliberate practice tend to have a higher sense of intuition.
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An analyst collects data on the weekly closing price of gold throughout a year. the scale of this data is: ________
a) ratio scale.
b) ordinal scale.
c) interval scale.
d) nominal scale.
An analyst collects data on the weekly closing price of gold throughout the year. The scale of this data is the ratio scale. A sort of variable measurement scale that is quantitative in nature is the ratio scale. It enables any researcher to contrast the ranges or variations.
The fourth level of measurement, the ratio scale, has a zero point or character of origin. Point zero, where the variable's value has no value at all, is a feature of a ratio scale. In order to measure a ratio between any two variables, point zero is a necessary component. All of the scientific variables are calculated using this scale.
Point zero, where the variable's value has no value at all, is a feature of a ratio scale. In order to measure a ratio between any two variables, point zero is a necessary component; otherwise, there is no ratio.
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Suppose the price elasticity of demand for beef is about 1.2. other things equal, this means that a 15 percent increase in the price of beef will cause the quantity of beef demanded to?
Price elasticity of demand is the ratio of the change in a product's quantity demanded to the change in its price.
Price elasticity of demand is equal to the product of the quantity sought and the price change.Price Elasticity Moderation.
Other else being equal, if the price elasticity of demand for beef is roughly 0.8, this means that a 15% rise in the price of beef will result in a 12% drop in the quantity required, or;
0.8=% Change in Requirement Quantity / 15Demand quantity change = 0.8 x 15=12%A good's price elasticity of demand is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.
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The trait of flexibility is especially important for leadership because it facilitates a leader's ability to adapt to various leadership situations. false true
The answer is true. Flexibility is a quality that is extremely valuable for leaders since it makes it easier for them to respond to different leadership scenarios.
Why is adaptability crucial in leadership?In a social and economic context that is changing quickly, flexibility is becoming an increasingly crucial quality. Flexible leaders are individuals that are able to alter their leadership style or strategy in response to unforeseen or unclear events. Flexible leaders can also respond to changes as they occur.
It is a philosophy of strategic leadership that highlights the need to impact important factors that affect a company's ability to succeed financially, including efficiency, inventive adaptability, and human capital. Task, relationship, and change-oriented leadership behaviours are one way to exert influence.
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One factor that allows saudi arabia to successfully use strategic trade protectionism to increase oil revenues is that?
Nations are unable to react by placing limitations on other imports from Saudi Arabia.
What is Strategic Trade?
Strategic commerce refers to the management of certain commodities' export, import, international transit, and transhipment to specific recipients, for specific end-uses/end-users, and under specific conditions. Dual-use drugs and technologies that have both acceptable commercial uses and sensitive uses that could support actions that hurt people or states are those that are listed as subject to UN Security Council Resolution 1540 (2004) and other UN embargoes and penalties. Controlling these commodities requires a balanced strategy; dual-use products, parts, and raw materials must be seen as strategically traded in order to prevent them from moving farther into criminal usages.
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________ control the flow of products from the manufacturer to a variety of retailers or business customers.
The distribution channel control the flow of products from the manufacturer to a variety of retailers or business customers.
A distribution channel represents a chain of businesses or intermediaries through which the final buyer purchases a good or service.
Distribution channels include wholesalers, retailers, distributors, and the Internet.
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Manufacturers of high-quality tools often offer a full _____ guarantee on their tools for as long as the buyer owns and uses them.
Manufacturers of high-quality tools often offer a full lifetime guarantee on their tools for as long as the buyer owns and uses them.
What is the meaning of lifetime warranty?A lifetime warranty is known to be a term that connote the life of a given product.
If a manufacturer stops making any kind of replacement parts, the product is one that will still be in use but the warranty is said to ends.
A full lifetime warranty mean is known to be a term that connote a warranty against any form of defects in regards to the materials and workmanship that has been put into the product and this is one that is place a lot on high-quality tools.
Therefore, Manufacturers of high-quality tools often offer a full lifetime guarantee on their tools for as long as the buyer owns and uses them.
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If motorcycle producers adhered to teh solowgrowth model, which items would they view as importantto econmoic growth?
If motorcycle producers adhered to the Solow growth model. All of these are important for economic growth under the Solow model. Note that technological progress represents the time and knowledge in this case which continues to be constant in the model. Tools assembly line robots and warehouses are actually factors of production and are essential for economic growth.
A standard definition of economics might describe it as a social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. societies, governments, businesses, and individuals.
A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price that can be calculated depends on the market, quality, marketing, and target segment. A product is an item or service that you sell to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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What is the total amount of final goods and service that firms in a country plan to produce, depending on the labor, capital, technology, natural resources, and entrepreneurial talent in the market?
The quantity of real gross domestic product supplied is the total amount of final goods and service that firms in a country plan to produce, depending on the labor, capital, technology, natural resources, and entrepreneurial talent in the market. The total amount of finished goods and services that businesses in a nation intend to produce, based on the availability of labor, capital, technology, natural resources, and entrepreneurial talent on the market.
This amount is known as the real gross domestic product (GDP) supplied. Often referred to as constant-price GDP, inflation-corrected GDP, or constant dollar GDP, real gross domestic product (real GDP) is an inflation-adjusted metric that reflects the value of all goods and services generated by an economy in a given year (expressed in base-year prices).
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Rachel works for a furniture company in ireland. she is responsible for buying and selling goods at a profit to small retailers. rachel most likely operates in a ________ market.
Rachel very certainly serves a RESELLER market.
A reseller is what?
In the retail industry as well as the broader economy, resellers are essential since they operate as the middleman between producers and customers. Although resellers are in the business of making a profit, they also assist with product distribution, offer storage, and learn about client preferences.
A reseller buys goods with the intention of later reselling them for a profit. Resellers frequently earn discounts because they buy products and services in bulk from manufacturers. By reselling, resellers then establish a connection between producers and consumers and deliver goods and services to final customers. By reducing the cost of promoting and selling their goods, these experts help manufacturers save time, money, and effort.
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A wealthy individual has set up a grat. should she die during the time the trust is active, how are the remaining assets in the trust taxed?
A wealthy individual has set up a grat. should she die during the time the trust is active, the original value plus any appreciation is taxed as part of the grantor's estate.
Taxes are mandatory contributions levied on individuals or groups through a central authority entity—whether or not neighborhood, local, or countrywide. Tax sales finance authorities sports, together with public works and offerings which includes roads and colleges, or programs including Social security and Medicare.
A tax is a mandatory fee or financial rate levied by using any authority on a man or woman or a company to accumulate revenue for public works supplying quality facilities and infrastructure. The amassed fund is then used to fund different public expenditure applications.
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The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________.
The demand and supply curves show how sellers and buyers respond to prices; the interaction of sellers and buyers determines the price.
Every market has two agents; buyers and sellers. Demand for a particular product represents buyers in a market. Demand Curve actually shows the relationship between price and quantity demanded whereas Supply curve shows the relation between the cost of a good or service and the quantity supplied for a given period.
Demand is basically a description of all quantities of a good or service that a buyer will be willing to purchase at all prices. According to the law of demand, the relationship of demand and price is always negative: the response to an increase in price results in decrease in the quantity demanded.
Price depends on the interaction between demand and supply components of a market. Demand and supply basically represent the willingness of consumers and producers to engage in buying and selling. An exchange of any product takes place when buyers and sellers can agree upon a specific price.
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A firm's current ratio has steadily increased over the past 5 years, from 1.9 to 3.8. what would a financial analyst probably conclude from this information?
A financial analyst would conclude the firms' liquidity position probably has improved.
What is the significance of liquidity position?Liquidity position refers to the ability of the company to raise cash when it needs it. It refers to both an enterprise's ability to pay short-term bills and debts to raise quick cash.
The liquidity ratio of a company analyze the stability of the firm and tells the investors or creditors the company has enough assets to combat any tough times.
The formula for calculating the liquidity ratio of the company is Quick Ratio = Current Assets - Inventory/Current Liabilities.
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The computation of a capital budgeting project's incremental net income includes?
The computation of a capital budgeting project's incremental net income includes annual revenues - one-time costs - annual depreciation expense.
What is capital budget?
Capital receipts (such as disinvestments, borrowing, loans from public or foreign governments, Reserve Bank of India, etc.) and capital expenditures make up the capital budget. Capital and budget are the two words that make up capital budgeting.
Any business that wishes to invest money in a project without fully understanding the risks and rewards is going to be seen as irresponsible by its owners or shareholders.
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Growth is the key to better consumption possibilities and one important key to better consumption possibilities is:_______
Growth exists the key to better consumption possibilities and one essential key to better consumption possibilities is Trade .
What is meant by Trade?
Trade is characterized as the act of trading items, the marketplace where people purchase and sell products, or a means of generating income. The trade in tea, which involves importing tea from China and buying it in the US, is an illustration of trade. Working in sales is an example of trade.
To eradicate poverty worldwide, trade is essential. Open economies tend to develop more quickly, innovate, increase productivity, and give their citizens more chances and higher incomes. By providing consumers with more cheap goods and services, open trade also benefits households with lower incomes.
Customers can choose what they want to buy. Their financial situation and the cost of goods and services will influence their decision-making. Budget line displays different product combinations that can be bought using a certain amount of money and knowledge of the pricing of the products.
Hence, Growth exists the key to better consumption possibilities and one essential key to better consumption possibilities is Trade .
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Which financial shenanigan was worldcom guilty of in the early 21st century? multiple choice question. understating profits special purpose entities to move debt overstating profits imaginary accounts
Which financial shenanigan was WorldCom guilty of in the early 21st century - Overestimating profits
Financial Shenanigan
A sizable number of financial scams at firms like Tyco, WorldCom, and Enron were made public in the United States in 2001 and 2002. Senior executives in the Enron and WorldCom trials were found guilty and given prison sentences for lying to investors and employees. Due to the wave of corporate shenanigans that took place at this time, the Sarbanes-Oxley Act, which introduced new and better rules for all boards, management, and public accounting firms of U.S. public businesses, was approved in July 2002. One goal of this regulation was to make it simpler for auditors to detect inventive accounting problems as they were previously ignorant of reporting manipulations.
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Upon receiving a substantial raise, jessie increased her monthly consumption of beef. this information best exemplifies the relationship between income and a(n) ______.
Upon receiving a substantial raise, Jessie increased her monthly consumption of beef. this information best exemplifies the relationship between income and a(n) normal good.
What Exactly Is a Normal Good?A normal good, often known as a required good, refers to the degree of demand for the good in relation to wage growth or contraction rather than the quality of the good itself. The relationship between income and demand for a typical good is elastic.
To put it another way, changes in income and demand are connected positively or move in the same direction. The amount by which the quantity demanded good changes in response to a change in income is measured as income elasticity of demand. It is employed to comprehend alterations in consumption habits brought by variations in purchasing power.
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Abc, inc.'s income statement shows service revenue of $40,000, wages expense of $25,000 and net income of $1,000. the other expenses on abc's income statement must equal ______.
Abc, inc.'s income statement shows service revenue of $40,000, wages expense of $25,000 and net income of $1,000. the other expenses on abc's income statement must equal to $14,000.
What is income statement?
One of the most often and important financial statements you're likely to see is an income statement. Income statements, sometimes referred to as profit and loss (P&L) statements, include the cumulative effect of revenue, gain, expense, and loss transactions and include a summary of all income and expenses for a specific period.
Therefore,
Abc, inc.'s income statement shows service revenue of $40,000, wages expense of $25,000 and net income of $1,000. the other expenses on abc's income statement must equal to $14,000.
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____ are the total of all costs that a buyer and seller incur as they gather information and negotiate a purchase-and-sale transaction.
The sum of all expenses a buyer and seller incur when researching and negotiating a purchase and sale is known as the "transaction costs."
Costs associated with buying or selling a good or service are known as transaction costs. The labor involved in bringing a product or service to market is represented by transaction costs, and this labor has given rise to entire industries devoted to facilitating transactions. Broker commissions and spreads, or the price difference between the price the dealer paid for a security and the amount the buyer pays, are considered transaction expenses in the financial sense. In addition to closing costs like title search fees, appraisal fees, and government fees, there are transaction costs associated with purchasing and selling real estate. These costs include the agent's compensation.
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What is the yield on a 5-year zero-coupon bond with a par value of $1,000 if it is purchased for $750?
The yield on a 5-year zero-coupon bond with a par value of $1,000 if it is purchased for $750 is 6%
ExplanationZero Coupon Bond Yield = [tex]\frac{F}{PV} ^\frac{1}{n} - 1[/tex]
where, F = Face value = 1000
PV = present value = 750
n = number of periods = 5
Now applying the given data on the formula we get,
Yield = [[tex](\frac{1000}{750} )^\frac{1}{5} - 1[/tex]
= [tex](\frac{4}{3} )^\frac{1}{5} - 1[/tex]
= [tex]\sqrt[5]{\frac{4}{3}} - 1[/tex]
= 0.05922
= 5.922% ≈ 6%
What is a zero-coupon bond?A zero-coupon bond, also known as an accrual bond, is a debt product that doesn't pay interest but trades at a considerable discount, producing income when the bond expires and is redeemed for its full face value.
Some bonds are initially issued as zero-coupon instruments, whereas other bonds are first detached from their coupons and then repackaged as zero-coupon bonds. Due to the fact that they offer the whole payment at maturity, zero-coupon bonds' prices vary far more than coupon bonds' do.
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Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense.
Unpaid or unrecorded charges are referred to as accrued expenses. An adjusting entry is one that reduces income and increases liabilities by recording an incurred expense.
An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as accrued liabilities. An estimated expense may not match the supplier's invoice, which will arrive at a later time. According to the accrual method of accounting, costs are recorded as incurred rather than as paid when they are actually incurred.
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