Mission statements should be defined in terms of satisfying basic customer needs. In other words, they should be market-oriented.
Mission statements are documents of a firm that states its basic values and objectives. These include the principles fundamental to the firm, the kind and quality of product it aims to provide, and a commitment to meet the various needs of customers and other stakeholders.
Because the basic objective of firms is to earn profits, and profits are attained only by attracting and retaining customers, the mission statements of firms have to be market oriented. To be market oriented is to be cognizant of the prevailing demands, customer sentiments, and even social attitudes.
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Before kaiser permanente adopted its new business strategy, its is strategy triangle was out of _____________.
Before Kaiser Permanente adopted its new business strategy, its is strategy triangle was out of alignment.
Kaiser Permanente is one of the largest nonprofit healthcare plans in the United States, with over 12 million members.
It operates 39 hospitals and more than 700 medical offices, with over 300,000 personnel, including more than 87,000 physicians and nurses.
The new business strategy helped Kaiser Permanente to increase income, improve financial security, and reduce economic inequities.
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Predict the charge on the predominant species of the peptide e−d−k−r−a−s−t at ph 5. 0.
The charges on the predominant species of the peptide e−d−k−r−a−s−t at ph 5. 0. is Zero (0)Charge
This is further explained below.
What is Charge?Generally, Charged material experiences a force when it is exposed to an electromagnetic field due to the physical characteristic of electric charge. You might have a positive or negative electric charge.
Unlike charges attract one another while similar charges repel one another.
In conclusion, At pH 5.0, the charges on the main species of the peptide edkrast are Zero (0)Charge.
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Differences in the way company employees interact with each other and with customers and the behavior that is expected by their managers are examples of ______.
Differences in the way company employees interact with each other and with customers and the behavior that is expected by their managers are examples of organizational culture. Therefore, the option A holds true.
What is the significance of organizational culture?An organizational culture can be referred to or considered as the type of environment that exists in the surroundings of an organization. An organization is defined by the culture that exists inside it.
Therefore, the option A holds true and states regarding the significance of organizational culture.
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The incomplete question has been completed below for better reference.
Differences in the way company employees interact with each other and with customers and the behavior that is expected by their managers are examples of ______. A. organizational culture B. social values rules and regulations C. individual differences
Savings by _____ in small dollar amounts is the origin of much of the money that funds business loans in an economy.
Savings by households in small dollar amounts is the origin of much of the money that funds business loans in an economy.
What is a business loan?An agreement between a lender and a borrower whereby the lender lends money to the borrower's business, which then repays the lender with interest in accordance with the terms of the loan.
The four pillars of the majority of business loan applications are credit scores, annual income, company plans, and collateral. But keep in mind that you'll need a lot more proof of your qualifications to get a company loan. You may need your driver's license among others.
Without a strong personal credit score (beginning at 700) and a steady stream of revenue from your company, it might be difficult to be approved for a small business loan. These are a few typical explanations for your business loan application being rejected.
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What is the appropriate interest rate and number of time periods to use to find the monthly payment for a 5-year car loan at 3. 6% compounded monthly?.
The correct interest rate is 0.5%, and the time period 360 used to calculate the monthly payment for a 5-year auto loan at a monthly compound interest rate of 3.6%.
The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or APR). A savings account or certificate of deposit earnings at a bank or credit union may also be subject to an interest rate (CD). The interest received on these deposit accounts is measured in annual percentage yields.
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Which section of the project management plan provides the planned cost of deliverables?
Budget section of the project management plan provides the planned cost of deliverables
An expenditure plan for your firm based on your revenue and costs is called a business budget. It determines your available cash, calculates your expenses, and aids in income forecasting. A budget may aid in the planning of your business operations and serve as a benchmark for the establishment of financial objectives.
Surplus Budget, Balanced Budget, and Deficit Budget are the three categories of yearly government budgets based on estimates.
Which 5 fundamental components make up a budget?Fixed spending, variable expenses, discretionary expenses, and personal financial goals are the same for all simple budgets. A person can make a straightforward monthly budget by combining these fundamental elements of a budget.to learn more about budget click the links
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Which products need to be widely available so the customer can pick them up without much thought?
Low-effort products must be widely accessible so that consumers can choose them without having to ponder. More consumer activity will be directed toward high-involvement products.
They are the product itself, its benefits over competing items of a similar nature, and the value the product offers. A retailer's capacity to satisfy consumer demand at a certain item is referred to as product availability. To assist customers in planning and decision-making, retailers may offer comprehensive information regarding product availability.
The key to your retail company' success is consistent product availability since it gives you the framework for your merchandising and attracts your target market by giving them the things they need to meet their demands.
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In most markets, _____ is determined by the interactions of numerous buyers and sellers
In most markets, the price of labor and the price of goods and services is determined by the interactions of numerous buyers and sellers.
What is the price?
The exchange of products or services for money is known as a price. In society, there would be no marketing without pricing. The main element that impacts sales operations is the lack of exchange value of a thing or service that has been agreed upon in a market transaction.
If there is no money, the exchange of goods can still take place, but without a price.
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Which one of the following statements is correct? 1) total economic surplus is the difference between marginal benefits and marginal costs
When marginal benefits are equal to marginal costs, total economic surplus is maximized.
What in economics is a marginal benefit?
The most a consumer will spend on a supplemental commodity or service is what is known as the marginal benefit. The additional satisfaction a customer experiences while purchasing the extra commodity or service is also considered a marginal advantage.
How are marginal benefits determined?
Change in total cost/change in quantity is the formula used to calculate marginal cost. While "change in total benefit/change in quantity" is the formula used to calculate marginal benefit.
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Managers who are ______ believe that native managers in the foreign offices best understand native personnel and practices, and so the home office should leave them alone.
Managers who are Ethnocentric believe that native managers in foreign offices best understand native personnel and practices, and so the home office should leave them alone.
This is further explained below.
What is Ethnocentric?Generally, The use of one's own culture or ethnicity as a reference point to assess other cultures, customs, behaviors, ideas, and individuals is what is meant by the word "ethnocentrism," which is used in the areas of social science and anthropology as well as in daily spoken English.
This is done in place of judging the specific culture based on its own norms, which would be inappropriate.
In conclusion, Ethnocentric managers are those that hold the belief that native executives working in foreign offices have the best understanding of the local staff and procedures and that the home office ought to leave them alone because of the competence that they possess in these areas.
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What is the present value of an ordinary annuity that pays $100 per year for 20 years if the interest rate is 10 percent per year?
248.65 is that the present value of an ordinary annuity that pays $100 per year for 20 years if the interest rate is 10 percent per year.
What is interest rate?
A percentage of the principal, or the quantity loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is that the usual unit used to express the interest rate on a loan (APR).The amount earned from a savings account or certificate of deposit at a bank or credit union may also be subject to interest rates (CD). Interest on these bank accounts is calculated as an annual percentage yield (APY).
The sum that a lender adds to the principal to compensate a borrower for the utilization of assets is known as the interest rate.A bank's or credit union's time deposit account earnings are likewise subject to an interest rate.
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A company can change to a new method of accounting if management can justify that the new method results in.
The correct option is more meaningful financial info
Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collecting organizations as part of the accounting process. A company's activities, financial condition, and cash flows are summarized in the financial statements that are used in accounting. They provide a succinct overview of financial events across an accounting period. Accounting is the process of documenting financial transactions and using those records to save, retrieve, organize, summarize, and present the findings in different reports and analyses. A profession and subject of study devoted to doing those objectives is accounting. The measuring, processing, and exchange of financial and non-financial information regarding economic entities, such as enterprises and corporations, is known as accounting or accountancy.
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Assessing the performance of a firm is more useful if it is evaluated in terms of how it changes over time, ________ with industry norms, and ________ with competitors.
Assessing the performance of a firm is more useful if it is evaluated in terms of how it changes over time, Compared with industry norms, and Compare with key competitors.
What is a key competitor?Your key competitors are the ones who take your customers, even if those companies do not sell the same exact product or service as you do.With competitive analysis, you can discover where your business is doing well, where you need to improve, and which trends you need to get ahead of.Complete a competitive analysis when your company isn’t moving forward as fast as you want or when competitors are securing orders from your ideal customers.A competitive analysis should examine your competitors’ features, market share, pricing, marketing, differentiators, strengths, weaknesses, geography, culture, and customer reviews.This article is for new and established small business owners who want to analyze their competition to improve their products or services.To learn more about Competitive analysis, refer
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Besides the fact that debit cards withdraw money from your checking account rather than using credit when making purchases, what is the most important difference between credit and debit cards?
The most important difference between credit and debit cards is that "a debit card necessitates you to have cash in your account, whereas a credit card doesn't really."
What is Credit Cards vs. Debit Cards?Credit and debit cards are almost identical in appearance, of 16-digit card numbers, expiry dates, magnetic bits, and EMV chips.
Some difference between Credit Cards and Debit Cards are-
With one key difference, both can make it simple and convenient to purchase things in stores or online. Debit cards allows you to invest money besides drawing on funds in your bank account. Credit cards enable you to loan money from of the card issuer up to a certain amount in order to make purchases or withdraw cash.Credit cards provide you with access to a bank's line of credit, whereas debit cards deduct cash from your bank account.When compared to debit cards connected to a bank account, credit cards provide better consumer protection against fraud.Newer debit cards provide more credit card-like security, and many credit cards no longer keep charging annual fees.While comparing credit cards and debit cards connected to a bank account, the fees and benefits must be considered.To know more about Credit Cards and Debit Cards, here
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Assume that a 10 percent increase in income across the economy produces a 7 percent increase in the quantity demanded of good x. the coefficient of income elasticity of demand is:_______
Demand elasticity's coefficient is positive. Additionally, if the elasticity is positive, then rising prices will result in rising demand for the goods in question.
Formula
Elasticity of Demand = % Change in Quantity/ %Change in price
The elasticity of Demand = 7%/10%
∴ Value of Coefficient = +0.7
What is the Elasticity of demand?
Elasticity is a measurement of how sensitive one variable is to changes in another. The price fluctuation, which is influenced by various factors, is this sensitivity. It serves as a gauge for how susceptible one economic component is to another from a business and economic perspective.
For instance, adjustments to supply or demand in terms of prices, or adjustments to demand in terms of adjustments to income. Electronics and clothing are examples of elastic products, whereas food and prescription drugs are examples of inelastic products. When prices for certain goods and services fluctuate, it is used to gauge how much demand has changed for those items.
According to the definition of demand elasticity, demand shrinks or grows in response to price increases or decreases. When a product's virtue and price vary simultaneously, this attribute of demand is referred to as elastic demand (low or high). In the case of demand elasticity, the change sensitivity may be minimal or negligible.
Thus, the Elasticity of demand indicates the demand and substitutes for the product.
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One of the most often used guidelines for shaping the law is tradition, or custom, which is also called the ______ school of legal interpretation.
One of the most often used guidelines for shaping the law is tradition, or custom, which is also called the historical school of legal interpretation.
This is further explained below.
What is tradition?Generally, A tradition is a belief or habit that has been handed down within a group or culture for many generations.
Traditions sometimes have some kind of symbolic meaning or other unique importance, and they have their roots in the past.
In conclusion, Tradition, also known as custom, is a kind of legal interpretation that is also known as the historical school of interpretation.
It is one of the guiding principles that is used the most often while constructing the law.
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Suppose that 0.8 million currently unemployed workers decide to no longer actively look for work. what is the unemployment rate in this economy now?
Let's say that 0.8 million people who are currently unemployed decide to stop seeking jobs. The unemployment rate in this economy is 5.62%.
How much is unemployment?The proportion of the working population without a job is known as the unemployment rate. It is a lagging indicator, thus rather than predicting changes in economic conditions, it typically rises or decreases as a result of them.
The unemployment rate is likely to increase if the economy is weak and there are few available jobs. It is normal to expect it to decrease when the economy is expanding healthily and there are plenty of available jobs.
What Is a Sufficient Rate of Unemployment?
Because lower rates might be viewed as inflationary due to pressure on wages from price increases, low unemployment is not regarded as beneficial. High unemployment rates are not thought to be good, though, as they may put financial pressure on consumer spending.
Although there is no universal agreement on what defines healthy unemployment, most experts believe that unemployment rates between 3% and 5% are optimum.
Calculation:
(Unemployed-0.8)/(labor force-0.8) x 100 = 8.50/151.20*100 = 5.62%.
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Demand curves slope ____ because as the price increases and other things remain the same, the quantity demanded ____.
Demand curves slope downwards because as the price generally and actually increases and other things remain the same, the quantity demanded decreases.
What is a Demand Curve?The demand curve is a graphical portrayal of the connection between the cost of a decent or administration and the amount demanded for a given timeframe.
The demand curve will move descending from the left to the right, which communicates the law of demand as the cost of a given ware builds, the amount demanded diminishes, all else being equivalent. How much rising cost converts into falling demand is called demand versatility or value flexibility of demand.
Therefore Different elements can move the demand curve too, like an adjustment of buyers' inclinations.
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what method of manufacturing, introduced in the early 1800s, made mass production possible? the use of interchangeable parts the use of hand-crafted products
The method of manufacturing that made mass production in the early 1800s possible was the implementation of interchangeable assembly parts leading up to the moving assembly line for large scale production
The Americans liked the idea of manufacture of interchangeable gun parts that was originally an innovation from France who did not go on with the innovation so the Americans became independent in artillery manufacture and so promoted interchangeable parts in their own industries.
Although assembly line techniques had been developed as early as the twelfth century in Venice, the implementation of interchangeable parts allowed American industry to expand on the idea and build huge high-output factories.
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The ratio of estrogen to progesterone remains constant throughout pregnancy into labor. false true
False, The ratio of estrogen to progesterone does not remains constant throughout pregnancy. Estrogen levels rise and progesterone levels fall in preparation for labor to begin.
What is Estrogen and progesterone ?The two key hormones in a woman's body are progesterone and estrogen. These steroid hormones are in charge of giving the body its unique female traits.
The ovaries are a pair of ova-producing organs that support the health of the female reproductive system by creating egg cells.
The ovaries are an endocrine gland that secretes hormones, notably estrogen and progesterone, that are essential for normal reproductive development and fertility in addition to their function in ova production.
Therefore, it is False that, The ratio of estrogen to progesterone remains constant throughout pregnancy into labor.
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Which regions border the north central plains region in texas? question 2 options: mountains and basins and coastal plains mountains and basins and great plains great plains and coastal plains mountains and basins
The region bordering the North Central Plains region in Texas is the great plains and coastal plains. North central plains is bordered by the great plains in the west and the coastal plains in the east.
A large area of flat territory in North America is known as the Great Plains, or simply "the Plains" at times. It is mostly covered with prairie, steppe, and grassland and is situated east of the Rocky Mountains and west of the Mississippi River. A coastal plain is a flat, low-lying area of land close to the sea. The boundary between a coastal plain and a piedmont region is frequently marked by a fall line.
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Answer:
THe answer is The Great PLains
Hope this helps!
Explanation:
A process has a total measure of productivity of 1.26 and output of 15,000. what are the total inputs?
A process has a total measure of productivity of 1.26 and output of 15,000. then the Total Inputs is 11905
What do you mean Productivity?
Productivity is a measure of the efficiency with which commodities or services are produced. Productivity is frequently represented as a ratio of an aggregate output to a single or aggregate input employed in a manufacturing process, i.e. output per input unit, often over a predetermined time frame.
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Relative to a command economy, resources in a market economy are more commonly allocated by:________
Relative to a command economy, resources in a market economy are more commonly allocated by the government.
What is a command economy?Command economy refers to the economic system in which central government has the authority to decide and control the means and level of production.
Command economy is also known as planned economy, where the government closely controls the economy. It is the government who decides what to produce, how much to produce, when to produce etc.
Basically, government controls all major aspects of production in a command economy.
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Budgeting, analysis of investment proposals, and provision of funds are activities associated with the _______ function.
Budgeting, analysis of investment proposals, and provision of funds are activities associated with the Finance function.
This is further explained below.
What is investment?Generally, Investing has the potential to earn substantially larger returns than savings accounts, but this advantage comes with risk, particularly over shorter time periods.
Savings accounts have a much longer time horizon. If you are putting money aside for a purpose that can be accomplished in a relatively short period of time and know that you will need access to the cash in the not too distant future, it is likely in your best interest to keep the money in a savings account.
In conclusion, Activities connected to the Finance function include budgeting, analysis of investment ideas, and funding.
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A process which one company studies the processes of another company for best practices is known as:__________
The answer is:- benchmarking.
A process which one company studies the processes of another company for best practices is known as benchmarking.
Why Use Benchmarks?An investment manager, mutual fund, or security's performance can be gauged using a benchmark. The most common stock and bond indexes used for this are broad market and market-segment indexes. A Sigma Six black belt has that as a component.
Benchmarks are indices that were built to contain a number of securities that each represent a certain market segment. All different kinds of asset classes have benchmark indices available. The Dow Jones Industrial Average and the S&P 500 are two of the most widely used large-cap stock benchmarks in the equities market. Setting and identifying a benchmark can be a critical component of investing for individual investors. Additionally to conventional benchmarks covering general market traits like large-cap, mid-cap, small-cap, growth, and value.
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Once an lpn has passed the state exams and is employed in a clinical setting, they are not required to work under the supervision of a physician or registered nurse.
a. true
b. false
The statement mentioned is False. LPNs are still required to work under the supervision of a physician or registered nurse.
What is LPN?
In the majority of the United States and Canada, a licensed practical nurse (LPN) is a nurse who provides care to patients who are ill, injured, recovering from an illness, or incapacitated.
Depending on their jurisdiction, LPNs may operate under the supervision of registered nurses, mid-level practitioners, or physicians in the United States. In Canada, LPNs/RPNs operate independently, much like a registered nurse, and are in charge of their own decisions and practices.
Therefore, Once an LPN has passed the state exams and is employed in a clinical setting, they are not required to work under the supervision of a physician or registered nurse is false for the United States.
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You run a company that uses all of the latest fire protection features and services available. what type of insurance would be most beneficial to your bottom line? group of answer choices
Mutual fire insurance would be the most advantageous for your financial situation.
A Mutual Insurance Company: What Is It?
An insurance provider that is owned by its clients is known as a mutual insurance company. A mutual insurance company's members have the power to choose the management, and its only goal is to provide insurance protection for its members and policyholders. Mutual insurance businesses invest in portfolios similarly to a traditional mutual fund and distribute earnings to members in the form of dividends or lower premiums. State law does not govern whether an insurer qualifies as a mutual insurance business; federal law does.
KEY LESSONS
A mutual insurance firm is one that is owned by its clients.
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How did hongwu exemplify confucian ideas? he built a strong military of ""a thousand chariots."" he encouraged the employment of men only. he encouraged reverent behavior among the people. he helped the economy of his country grow.
He helped the economy of his country grow. This is how Hongwu exemplifies Confucian ideas.
What is Confucianism?Confucianism is one of the most important religious traditions in Chinese history, with a history lasting more than 2,500 years. It cares about morals, inner virtue, and respect for the community and its customs.
Confucianism is a philosophy and way of life that originated in ancient China and served as the basis for much of Chinese culture. From 551 to 479 B.C.E., philosopher and educator Confucius lived. His students recorded his ideas on ethics, proper conduct, and moral character in various writings, the most significant of which was the Lunyu. For leading a peaceful life, Confucianism emphasizes human-centered qualities and ancestor worship. Confucianism's guiding principle is "Don't treat others the way you wouldn't want them to treat you."
Thus, Hongwu helped the economy with his Confucian ideas.
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Goods can be categorized into durable, nondurable, consumer, and capital goods.
True or false
Answer: true
Explanation:
If an investment of $400,000 were to grow to $5,000,000 over a period of 20 years, what is the stated annual rate at which it must be invested, given that the return is compounded semiannually?
If an investment of $400,000 were to grow to $5,000,000 over a period of 20 years, 13.04% is the stated annual rate at which it must be invested, given that the return is compounded semiannually.
Considering that the return is compounded semi-annually,
PV = $400,000, FV = $5,000,000, N = (20)(2) = 40, and CPT I/Y:
Semiannual discount rate is equal to 6.52%.
Assumed yearly rate = 6.52 x 2 = 13.04%
Which Annual Interest Rate Is Stated?
The return on investment (ROI) presented as a yearly percentage is known as the stated annual interest rate (SAR), or ROI. It is a straightforward computation of interest rates that does not take annual compounding into consideration.
POINTS TO NOTE
The yearly rate that is presented is an annualized rate of interest that does not account for intra-year compounding.
The intra-year compounding of interest is taken into account by effective yearly rates.
Depending on the financial product, banks frequently display the rate that seems to be more attractive.
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