The owner stipulates that costs MUST NOT exceed $400,000 after obtaining the project scope statement. Constrained describes this criterion.
Describe the project scope with an example?the project's scope A project's scope helps you define its boundaries and the precise objectives, due dates, or deliverables of the project you'll be aiming for. You can make sure you meet your project's objectives and goals without running late or working too hard by defining the scope of your project.
What is a sample scope statement?Template for a scope statement. The project team, its project sponsor, and important stakeholders all agree on the scope statement. It stands for a shared knowledge of the task with the intention of easing stakeholder communication and establishing authority and boundaries again for project manager and team.
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a company has a $36 million portfolio with a beta of 1.2. the futures price for a contract on an index is 900. futures contracts on $250 times the index can be traded. what trade is necessary to increase beta to 1.8?
Long 96 contracts trade is necessary to increase beta to 1.8 when a company has a $36 million portfolio with a beta of 1.2
What Exactly Is Trade?Trade is the voluntarily exchange of goods or services between various economic entities. A transaction will only take place if both parties believe it will advance their interests, as there is no compulsion for the parties to trade. Due to the comparative advantage in the production of tradable commodities, trade exists between geographical areas. For instance, people who live in colder parts of the world can buy bananas that are grown in the tropics.
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fatima purchased a new mattress when it was on sale. the sale price was 33% less than the regular price. if the sale price was $370, what was the original price?
560 was the original price.
What was the original price?Original cost is the sum spent to purchase an object at its outset. This cost is taken into account to cover the costs of purchasing the item, transporting it to the location where it will be utilized, installing it, and testing it. Sales taxes and other levies are also a part of the original cost. The marked price or list price is the amount that appears on a product's label. This is the price that the product will be sold for. But this price might be discounted in some way, and the product's real selling price might be less than the advertised price.
Let x be the original price
27% off
original price minus discount = new price
x - .27x = new price
.73x = new price
.73x = 409
Divide each side by .73
.73x/.73 = 409/.73
x=560.2739726
To the nearest dollar
x = 560
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regional state bank is a member bank of the federal home loan bank. in exchange for mortgage collateral, regional state bank received a loan from the fhlb so it can make additional loans to consumers. what is the loan called that regional state bank received?
The regional state bank was given the loan. a progress (A collateralized mortgage obligation).
Describe a mortgage.A mortgage is the act of pledging something as security or collateral for a loan. You can come across the term while looking for secured loans. Any form of home loan is typically a secured loan. Property belonging to the borrower must be pledged as security to the lender. By giving the lender security in the form of an immovable asset, such as a house or other piece of real estate, you can obtain funds with a mortgage loan. Until you pay the debt, the lender retains the asset. A mortgage can be taken out to finance the purchase, building, or renovation of a home. the house.
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whenever a written agreement under the statue of frauds contains a serious and obvious typographical error parol evidence is inadmissible to correct the error true or false
It is true that whenever written agreement under the statue of frauds contains serious and obvious typographical error parole evidence is inadmissible to correct error.
What is an agreement?In legal jargon, the term "agreement" refers to a promise, commitment, or set of reciprocal commitments that serve as consideration for the parties to a contract. When the party to the agreement to whom the offer or proposition is made grants his or her acceptance in this regard for mutual consideration, the offer is deemed to have been accepted and becomes a promise. This means that with regard to their respective rights and obligations with regard to the fulfilment of commitments in the past or future, the parties to the agreement must concur on the same thing in the same sense as it was intended. When someone indicates to another person their willingness to take on a responsibility in exchange for a promise, act, or abstain, they are making an offer.
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a company has total equity of $1,905, net working capital of $155, long-term debt of $900, and current liabilities of $930. what is the company's net fixed assets?
Total liabilities and equity = total assets, which equals $1,905 plus $900 plus $930 to equal $3735. NWC = current assets minus current liabilities, which equals $155; current assets are $1085; and net fixed assets are $3735 minus $1085, which is $2,650.
A corporation expects to sell, convert, or consume a current asset—also known as a liquid asset—within one fiscal year or operational cycle. On the other side, non-current assets are very, very long assets that are difficult to quickly convert into cash within a year. The remaining assets that can be used up, sold for cash, or otherwise disposed of within a year are represented by the balance of a company's current assets account on its balance sheet. Cash, cash equivalents, receivables, stock levels, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets.
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While attending school, you work part time at a coffee shop. last year, you made $8,700. why might you still file your taxes, even though you made less than the standard deduction?
Even if you earned less than the standard deduction, you may still opt to submit your taxes for a variety of reasons, including If you had taxes deducted from your paychecks.
during the year, you may be eligible to a refund if the amount withheld exceeded your tax due. you earned less than the standard deduction, you may still opt to submit your taxes for a variety of reasons, including If you had taxes deducted from your paychecks. To claim some credits: Even if your income is less than the standard deduction, you may be entitled for certain tax credits, such as the earned income tax credit, which might lower your tax burden or result in a refund. To get Social Security benefits: Filing a tax return and paying taxes on your earnings will help you accumulate credits toward future Social Security payments.
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elizabeth is an accountant for a large company and works out of her house. she uses e-mail, videoconferencing, and other technologies to communicate with her co-workers at the office. someone who works from home using these technologies is said to
Elizabeth is an accountant for a large company and works out of her house. she uses e-mail, videoconferencing, and other technologies to communicate with her co-workers at the office. someone who works from home using these technologies is said to be telecommuting or working remotely.
Telecommuting is a work arrangement that allows employees to work from a location outside of the office, typically from their home or a remote location, using technology such as computers, laptops, smartphones, and videoconferencing tools to communicate with co-workers and complete their job responsibilities.
This type of work arrangement has become increasingly popular in recent years as technology has advanced, making it easier for people to stay connected and productive from remote locations. It offers several benefits, such as flexibility, cost savings on commuting, and the ability to work in a comfortable and familiar environment.
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which discipline studies the economy as a whole or its basic subdivisions or aggregates? multiple choice question. normative economics microeconomics macroeconomics positive economics
C: Macroeconomics is the discipline that studies the economy as a whole or its basic subdivisions or aggregates.
Macroeconomics is the discipline that studies the economy as a whole or its basic subdivisions or aggregates. It focuses on the overall functioning of the economy and how it impacts individuals and society. Macroeconomics examines macroeconomic variables such as inflation, unemployment, gross domestic product (GDP), and trade balances. It also analyzes macroeconomic policies such as monetary policy and fiscal policy and how they influence the overall economy.
Macroeconomics is concerned with the aggregate level of economic activity, rather than the behavior of individual consumers or firms. It is a positive science that uses empirical data and economic theory to analyze economic phenomena and make predictions about future economic trends.
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the doctrine of res ipsa loquitur would permit the court to infer negligence in which of the following situations? a ladder rung broke under the weight of a worker's foot. a sign over a storefront fell on your head. a patron of a restaurant slipped on a wet spot on the floor and hit her head on a chair. all of these.
By demonstrating that the harm would not have typically happened in the absence of carelessness, the plaintiff can establish a rebuttable presumption that the defendant was negligent.
What conditions allow the res ipsa loquitur doctrine to be used in negligence cases?
Res Ipsa Loquitur may be invoked if the defendant is exclusively accountable for the circumstances leading up to the accident or if the defendant was the one who was negligent. A concept or rule of evidence in tort law that provides an inference or assumption that a defendant was negligent in an accident hurting the plaintiff on the basis of circumstantial evidence is to be viewed as the defendant having the sole control over the conditions of the accident.
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in 2021, the bowwow company purchased 11,520 units from its supplier at a cost of $11.00 per unit. bowwow sold 18,120 units of its product in 2021 at a price of $21.00 per unit. bowwow began 2021 with $883,380 in inventory (inventory is carried at a cost of $11.00 per unit). using this information, compute bowwow's gross profit for 2021.
As a result, Bowwow will have a $631,580 loss on its gross profit in 2021. The amount of money a company makes after deducting the cost of goods sold from its revenue is measured by the financial indicator known as gross profit.
A company's gross profit, a crucial financial indicator, shows how much money it makes from sales after deducting cost of products sold. It is computed by deducting the cost of the sold goods from the proceeds from those sales. A company's gross profit offers a picture of its performance and is an important gauge of how effectively it manages its production and sales operations. A corporation with a high gross profit margin will likely have strong sales revenue and effective cost control. A low gross profit margin, on the other hand, can be a sign of weak sales or excessive production expenses.
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The Toyota Mirai is a hydrogen fuel cell vehicle which has zero emissions and a 300 mile driving range. Furthermore, the Mirai creates no greenhouse gas emissions in the break down of the vehicle which makes the Mirai an excellent example of Multiple Choice Planet marketing Green marketing Partner marketing Cause marketing Profit marketing
The Toyota Mirai is a hydrogen fuel cell vehicle which has zero emissions and a 300 mile driving range. Furthermore, the Mirai creates no greenhouse gas emissions in the break down of the vehicle which makes the Mirai an excellent example of green marketing.
What is meant by green marketing?
Green marketing refers to the promotion and sale of environmentally friendly products, with the emphasis on the benefits to the environment.
In the case of the Mirai, Toyota promotes the car's zero emissions and the fact that it has no impact on the environment through its use or breakdown, making it a prime example of green marketing.
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the accounts for all revenues and expenses over an accounting period. a. balance sheet b. statement of cash flows c. annual report d. income statement
An (D) income statement or profit and loss account also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, etc.
What is the income statement?An income statement or profit and loss account, also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations, is one of a company's financial statements that lists the company's income and expenses for a given time period.
It describes the process by which the revenues, or "top line," are converted into net income or net profit (the result after all revenues and expenses have been accounted for).
By examining the income statement, managers and investors can establish whether a company made a profit (profit) or suffered a loss (loss) during the reporting period.
Therefore, an (D) income statement or profit and loss account also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, etc.
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What did the New Jersey Plan argue for?
The answer is, William Paterson's New Jersey Plan, the Virginia Plan's rival, aimed to equalize state participation in a unicameral legislature.
How would you define law?Making laws for a nation is the responsibility of the legislative branch of government. In democracies, the citizens of the nation elect individuals known as lawmakers to serve on legislatures.
In a government, what does a legislature do?Legislative. The House and Senate, jointly known as the Congress, make up the legislative branch of government. The legislative branch also has the authority to declare war, create all laws, manage taxation and spending, and regulate interstate and international trade.
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in general, there are three different types of tax systems: progressive, regressive, and flat tax systems. the existing rodosian system imposed on individual (personal) taxpayers is an example of a
There are three different types of tax systems: progressive, regressive, and flat tax systems.
What are these tax systems ?Progressive Tax System: In a progressive tax system, the tax rate rises as the amount subject to taxation rises. Accordingly, people with greater earnings will pay a larger percentage of their income in taxes than people with lower incomes. The term "progressive" tax system refers to a tax system in which the tax rate rises progressively as income rises.Regressive Tax System: In a regressive tax system, the tax rate drops as the amount subject to tax rises. Accordingly, people with lower earnings will pay a larger percentage of their income in taxes than people with higher incomes. In this kind of tax structure, the tax rate is gradually reduced.Flat Tax System: A flat tax system is a tax system in which the tax rate is the same for all taxpayers, regardless of their income level. This means that everyone pays the same percentage of their income in taxes, regardless of how much they earn. In this type of tax system, there is no progressive or regressive aspect, hence the name “flat” tax system.To know more about taxpayers , check out :
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cotb mc qu. 2-21 (algo) assume (1) estimated fixed manufacturing overhead... assume (1) estimated fixed manufacturing overhead for the coming period of $222,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. the predetermined plantwide overhead rate for the period is closest to:
To determine the predetermined plantwide overhead rate, we need to first estimate the total manufacturing overhead for a given period, and then divide it by the estimated direct labor-hours worked for the same period.
The predetermined plantwide overhead rate is used to allocate the total estimated manufacturing overhead costs to each unit of production based on its direct labor-hours. Given the following information:
(1) Approximated fixed manufacturing overhead of $222,000 for the next period
(2) Approximated changeable production costs of $2.00 per direct labor hour
(3) Actual producing goods overhead of $320,000
(4) Approximated direct labor-hours to be ended up working in the next period of 55,000 hours
First, we need to calculate the estimated total manufacturing overhead costs for the coming period. To do this, we add the estimated fixed manufacturing overhead of $222,000 to the estimated variable manufacturing overhead, which can be calculated by multiplying the estimated variable overhead rate of $2.00 per direct labor hour by the estimated direct labor-hours of 55,000 hours:
Estimated total manufacturing overhead = $222,000 + (55,000 * $2.00) = $222,000 + $110,000 = $332,000
Next, we divide the estimated total manufacturing overhead by the estimated direct labor-hours to calculate the predetermined plantwide overhead rate:
Predetermined plantwide overhead rate = $332,000 / 55,000 = $6.04
So, the closest predetermined plantwide overhead rate for the coming period is $6.04.
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an unanticipated event that changes the demand or supply of goods and services either positively or negatively is called an economic
An economic shock is an unexpected event that causes a major change in the demand or supply of goods and services in the economy. Economic shocks can be positive or negative and have sudden or gradual effects.
Positive economic shocks may include technological advances and the discovery of natural resources that increase productivity and economic growth. Negative economic shocks can include natural disasters, epidemics, or recessions that reduce economic output and cause unemployment. Economic shocks can affect a wide range of industries, and some sectors suffer more than others. For example, during a pandemic, the hospitality industry can be hit hard, while the retail industry may be less affected.
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what is the current mainstream consensus when it comes to macroeconomic goals?
The operational definition of this is a level of output and that such unemployment is minimal and inflation is stable and steady. Both MMT and conventional macroeconomics agree that this aim should be a zero output gap.
What are macroeconomics' primary objectives?Summary. The term "macroeconomics" refers to the investigation of the overall economy. The main goals of macroeconomics are to maximize standard of living and achieve steady economic growth.
What is one of a country's economic system's four primary macroeconomic objectives?Price stability, wealth creation than outpaces birth rates, low resource unemployment, plus equitable income and wealth distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
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which of these criteria make a person a good cosigner?
Your prospective cosigner will need to demonstrate their ability to make enough to repay loan should you default in addition to having a strong or exceptional credit score. if they are unable to make enough money.
What qualifications must one have in order to cosign?You must submit the same financial information requested in your loan application in order to be eligible to be a cosigner. For instance: verifying your income.
What does a co-signer do, and what should they think about it?When a borrower does not repay a loan as agreed, a co-signer is someone who consents to legally shoulder the burden. If you're trying to make a big purchase, a co-signer can be an alternative.
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lucy is given a voucher that can be spent only on educational expenses. she has a budget constraint with educational expenses on the horizontal axis and everything else on the vertical axis. suppose everything else is comprised only of normal goods. then:
Assume that the only other products are normal goods. After receiving the voucher, Lucy will undoubtedly have to pay more money for other charges.
Does the price of typical goods change in a positive or negative way?Price effects are quite beneficial when it comes to common items. Price and demand are inversely connected for any good or service. For subpar goods like Giffen goods, it is harmful when we see a clear association between price and the amount needed.
What happens to a product when its price goes up?The attributes of the good determine whether the income effect increases or decreases demand for it. People frequently demand more of the equivalent goods as a replacement rather than purchasing as much of the original product when the price of one product increases relative to those of similar products.
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a new fitness company called jump athletics receives a trademark for its brand name. the trademark received by jump athletics is a
"Trademark" which gives the company exclusive rights to use the name "Jump Athletics" for commercial purposes in connection with the goods and services identified in the trademark registration.
What is trademark?A trademark is a sign, word, or phrase that has been legally registered and is recognised as identifying a specific company, brand, or product. Trademarks are used to differentiate one company's goods and services from those of another and are given by a government agency such as the United States Patent and Trademark Office (USPTO). Trademarks, which can include logos, phrases, or other distinguishing aspects, help to protect a company's reputation and brand identity. Trademarks are usually valid for ten years, although they can be renewed indefinitely as long as they are used in commerce. They can also be sold or licenced for usage by others. Trademarks play a vital role in consumer protection and ensuring fair competition in the marketplace.
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The management dilemma is always a problem, not an opportunity.a. trueb. false
The management dilemma is always a problem, not an opportunity is false
What is the management dilemma in research process?This process can be thought of as the management-research question hierarchy. The process begins at the most general level with the management dilemma, a symptom of an actual problem, such as rising costs, declining sales, or a large number of defects, or emerging behaviors, attitudes, etc. that signal an opportunityA management dilemma is a problem or opportunity that arises that requires a decision by the business leaders in a position to make the decisions. Typically the management dilemma begins the process of researching the problem or opportunity and leadership making a final decisionThe management dilemma is usually a symptom of an actual problem, such as: Rising costs. The discovery of an expensive chemical compound that would increase the usefulness of a drug. Increasing tenant move-outs from an apartment complex.
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if boeing's management decided to keep all production in america, what do you think the effect would be on the company, its employees, and the communities that depend on it?
There would be more jobs in the US, more skilled workers, and the prices of airplanes and airplane tickets would go up.
What determines prices?
Calculating prices refers to figuring out how much it costs to deliver services and sell commodities on the open market. The forces of supply and demand set prices in a free market.
The government doesn't meddle in how the prices are set. But occasionally, the government could become involved in setting the pricing. For instance, the minimum selling price for wheat has been set by the government.
One of the most significant elements that determine pricing is product cost. It comprises all of the expenses related to the product's manufacture, distribution, and sale, including fixed costs, variable costs, and semi-variable expenses. Fixed costs are expenses that never change regardless of the level of output or sales. such as rent, wages, etc.
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discuss the positive value of zoning regulations for individual developers operating in markets that depend upon oversubscribed municipal services, or that depend upon neighborhood character and existing compatible uses to sustain the value and revenue on existing properties.
Zoning restrictions can serve to support the long-term success and stability of communities by providing clarity, predictability, and protection for neighbourhoods and municipal services.
Individual developers operating in markets where municipal services are overcrowded or where neighbourhood character and existing suitable uses are critical for sustaining the value and revenue of existing properties might profit significantly from zoning laws.
One of the primary advantages of zoning restrictions is that they give developers with clarity and certainty. Zoning regulations define the sorts of land use permitted in certain places, which can assist developers in making educated decisions about where to construct, what types of projects to pursue, and how to fund such projects. This may minimise ambiguity and risk in the development process, making it simpler for developers to obtain finance and move projects ahead.
Furthermore, zoning restrictions can aid in the management of demand for overburdened municipal services such as water, sewage, and roads. Zoning restrictions can assist guarantee that new development does not create excessive demand on existing infrastructure and services by regulating the sorts of development that are permitted in specified regions. This can assist to guarantee that essential services are available and dependable for all people and businesses, therefore preserving a community's quality of life and economic viability.
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what is the primary goal of the accrual basis of accounting?
Revenue must be recognised and reported in the period in which it is earned. It seeks to book expenses in the same accounting period as the income derived from such expenses. A crucial step in the adjusting process is the matching of costs and revenue benefits.
What does accrual accounting serve as?
Instead than focusing on the timing of the corresponding actual cash flows, accrual accounting aims to match revenues and expenses to the time periods in which they were incurred (the matching principle). Accruals are used to show the underlying economic reality of the transaction.
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joseph has a passion for quality electronics. his dream is to open up a large electronics store to compete against best buy. he thinks he can utilize supplier relationships to source the latest high-tech electronics at lower prices. therefore, he thinks he can beat best buy on the type of products available as well as with lower price points. joseph is most likely to open up a(n) .
joseph has a passion for excellent electronics. his dream is to open up a big electronics save to compete against pleasant buy. he thinks he can make use of supplier relationships to supply modern-day high-tech electronics at lower prices.
Therefore, he thinks he can beat the exceptional purchase on the kind of merchandise to be had in addition to decreased charge factors. joseph is maximum likely to open up Category killer
A class killer is a retailer, often a large container saves, that makes a specialty of and contains a big product assortment of a given category.109–111 Their wide product alternatives, deep supply, massive buying energy, and comparative benefit over other stores can "kill" a category. stores will even die from their limited choices. In essence, they may be a rate- or cut-price-primarily-based specialist mass store. thru choice, pricing, and market penetration achieve a massive aggressive advantage over other retailers.
A category killer is a huge retail chain superstore that dominates its product category and places less effective and fantastically specialized merchants out of enterprise. An example of a class killer superstore is a domestic Depot, which has appreciably greater square pictures and stock than nearby hardware keeps and offers more desire in a product range.
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unsystematic risk: group of answer choices cannot be avoided if you wish to participate in the financial markets. is measured by beta. is related to the overall economy. can be effectively eliminated through portfolio diversification. is compensated for by the risk premium.
The concept is Un-systematic risk, risks that are not shared with a wider market or industry. The answer is option D.
Also known as diversifiable threat, unsystematic risk represents the portion of investment threat that can be virtually reduced or excluded through diversification. It's the portion of total threat that's unique to a establishment, assiduity, or property.
While investors may be suitable to anticipate some sources of unsystematic threat, it's nearly insolvable to be apprehensive of all pitfalls.
Unsystematic threat, when it comes to investing in stocks — can be considered unsystematic friction. That's calculated by abating methodical friction from the total friction.
Question:
Unsystematic risk is:
A) can not be avoided if you wish to share in the fiscal requests.
B) is compensated for by the threat decoration.
C) is measured by beta.
D) can be effectively excluded through portfolio diversification.
E) All of the below.
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for a particular company resource to have meaningful competitive power and perhaps qualify as a basis for competitive advantage, it should
To have a meaningful competitive strength and potentially qualify as a basis for competitive advantage, a given firm's resources must possess the following characteristics:
Valuable: It must provide value to a company's operations, enabling it to serve its customers better or operate more efficiently.Rare: A resource must be difficult for competitors to imitate or obtain, giving the company a unique advantage.Non-copyable: Must be protected from imitation, through means such as patents, trade secrets, or unique processes that are difficult to imitate.Non-replaceable: It should not be easily replaced by alternative sources, giving the company a sustainable advantage over time.If a firm's resources possess these characteristics, it can provide a significant competitive advantage, enabling the firm to outperform its competitors and achieve long-term success.
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john and lucy both apply for policies with acme insurance at the same time. they are exposed to similar hazards and would present essentially the same amount of risk to acme insurance. acme insurance offers lucy a premium policy at excellent rates, but restricts john to a very limited policy with high premiums. acme insurance may be guilty of:
Acme Insurance may be guilty of discrimination based on gender.
What is guilty?Guilty is a legal term used to describe a person who has been convicted of a criminal offense in a court of law. It means the individual has been found to have violated the law and can be subject to punishment, such as a fine, imprisonment, or both. A person is not guilty until a court of law decides the matter, and there are many factors that can result in a guilty verdict, such as evidence, testimony, and the opinion of a jury.
John and Lucy are both exposed to the same level of risk, yet Acme Insurance is offering them different policy options. This could be seen as discriminatory as they are treating them differently due to their gender, which is prohibited under many laws.
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which of the following is not true of a market economy? group of answer choices in its pure form, it is also known as a laissez-faire economy. the interaction between buyers and sellers answers the basic economic questions of what getsproduced, how it gets produce
In a pure form of a market economy, A: "it is not known as a laissez-faire economy" is not true of a market economy.
A market economy is an economic system where goods and services are produced and traded in a market through the interaction of buyers and sellers, who answer the basic economic questions of what to produce, how to produce it, and for whom to produce it. A laissez-faire economy refers to an economic system with minimal government intervention, allowing market forces to dictate economic decisions. While a pure form of a market economy may approach the principles of laissez-faire, it is not synonymous with the term.
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how has trace improved transparency in the corporate bond market? multiple choice question. trace is an organization that keeps track of all bond transactions. only bonds that report on trace can trade in the u.s. bond market. all bonds are currently listed on trace. corporate bond dealers are now required to report trade information through trace.
Corporate bond dealers are now required to report trade info through TRACE to improve transparency in the corporate bond market.
What is TRACE?
The National Association of Instruments Dealers (NASD), now known as FINRA, created the Trade Reporting and Compliance Engine (TRACE) programme, which enables the reporting of over-the-counter (OTC) transactions involving qualifying fixed-income securities. Securities and Exchange Commission (SEC) guidelines require brokers who are FINRA members and deal with particular fixed-income securities to record their transactions. The usage of the TRACE programme, according to FINRA, is intended to create an even playing field for all market participants. They are given thorough access to real-time bond price information in order to achieve this.
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