For Investment A, $27,877.35 would be the value after a year at a compound annual rate of 6%. For Investment B, $27,912.87 would be the value after a year at a compound annual interest rate of 7%. Investment B would be the best choice based on the value of the investments.
Purchasing assets with the intention of increasing their value over time is known as investing money. Investment requires the sacrifice of an already-available resource, such as time, money, or effort. Investments are made with the goal of profiting from the asset being utilised in the realm of finance. The return could include an unrealized capital gain (or loss), investment income like dividends, interest, or rental income, a combination of income and capital gain, or a gain (profit) or loss realised via the sale of a house or investment. Because of changing currency rates, the return could include gains or losses on foreign exchange. According to investors, riskier ventures frequently offer greater returns.
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if a company agrees to provide services to a customer in a subsequent month and the customer agrees to pay for those services after they are provided, what is the entry to record that event?
If a company agrees to provide services to a customer in a subsequent month and the customer agrees to pay for those services after they are provided, Accounts receivables is the entry to record that event.
The Accounts receivables are referred to the money which a company's customers owe for the products or the services they have received but not paid for that products or services, e.g. when the customers purchase the products or services on the credit, the amount owed gets added to the accounts receivable.
The challenges faced by the accounts receivables is ledger disorganization, poor communication with your customers, lack of proper policies and the days sales outstanding.
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What is ralph corporation’s margin of safety in dollars?a)$4 million b)$5 million c)$1 million d)$2.2 million
Total budgeted or actual sales margin drop selling = $5,000,000 - $4,000,000 = $1,000,000.
The correct answer is C.
Is the safety margin the quantity by which revenues can fall before incurring losses?Profit=CM ratio x sales minus fixed expenses. Alternatively, humans can use the profit target + fixed expenditures ratio formula. It is the quantity whereby sales can fall before losing money. The greater the rate of return of safety, the lesser the chance of failing to break even and incur additional a loss.
Will the company's operating leverage fall as its margin of safety rises?As the firm's margin of safety grows, so will its operating leverage. 15. The overall contribution great profit for a company that manufactures three products can be determined by adding the marginal costing ratios again for product lines and dividing the result by three.
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jana receives an insurance bill for her rental property. the bill is for $600, is due by january 15, and will provide insurance coverage for her property for the months of january through june. jana pays the bill in full on january 12. using the cash method, jana records a business insurance expense of $600 on which date?
The company is a partnership or an LLC. After 1996, the majority of unincorporated firms can choose between being taxed as a partnership or a corporation.
What is a partnership?A partnership is a contract that requires two or more people to manage a business together and share earnings. Different types of partnership agreements exist. Particularly, in a partnership business, all partners share profits and liabilities equally, however in other circumstances, partners may have limited liability. Each partner is solely responsible for the debts of the partnership. Earnings are also allocated fairly. A detailed statement of the parameters of profit distribution will almost certainly be included in a partnership agreement. Limited liability partnerships are a common form of business for experts like accountants, lawyers, and architects (LLPs). The assets of other partners would probably not be at risk, for example, if one partner were to be sued for negligence, due to the personal liability limitations in effect.
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a retailer has some skirts that cost $30 each. she wants to sell them at a profit of 70% of the cost. what price should she charge for the skirts?
A retailer has some skirts that cost $30 each. she wants to sell them at a profit of 70% of the cost. she should charge for the skirts $51
To calculate this, we first take the cost of the skirt, which is $30, and multiply it by 1.7 which is the profit percentage in decimal , which is 70%.Doing the calculation (30x1.7=51) This gives us $51, which is the price she should charge for the skirts to make a 70% profit. In other words, the profit is 70% of the cost, so if we multiply the cost by 1.7, the result is the price that the retailer should charge to make a 70% profit.
For example, if the cost of the skirt is $30, then we multiply it by 1.7, which gives us $51. This is the price that the retailer should charge for the skirt in order to make a 70% profit. In other words, the cost of the skirt is multiplied by 1.7 in order to determine the price that the retailer should charge in order to make a 70% profit. This is how we calculate the price that the retailer should charge for the skirts to make a 70% profit.
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true or false: increased revenue from digital sales of music replaced 100 percent of the revenue lost from declining cd sales.
False. Recording artist royalties typically vary from 10% tp 25% of a suggested retail value for top-selling albums under the standard recording agreement.
Why are CD sales declining?The Record Labels Association of America (RIAA) reports that American CD album sales have decreased by 95% since peak in 2000 and are now at their lowest point since Whitney Houston's self-titled newest album topped the Pop charts in 1986.
What effect did CDs have on the music business?The advent of the compact disc revolutionized the music business.It helped musicians grow their fan bases and establish themselves as successful members of the music business while providing consumers with access to even more music of higher quality.Musicians were able to demonstrate to us through CDs that song is more than just notes & lyrics.
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your finance grade is determined by four equally weighted tests. you have taken three of the tests, receiving grades of 72, 83, and 91. what is your current average in the class?
The answer is 94, in the last test the score needed for him to get an overall average of 85 is 340–246=94.
How do we determine the average?Average This is the arithmetic mean, which is determined by adding a collection of integers and then dividing by the total number of those numbers. For instance, 30 divided by 6 equals 5, which is the average of 2, 3, 3, 5, 7, and 10.
Why is the mean called the average?The average is the sum of all numbers divided by the total number of values. The average of the range of values in a sample of data can be used to define a mean. In other words, an average is often referred to as the arithmetic mean. A mean is used to describe the average.
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how much would $20,000 that is expected to be received in 50 years be worth today if the discount rate were 7.5%? solve for pv. $461.08 $485.35 $537.78 $438.03 $510.89
Expected to be received in 50 years be worth today if the discount rate were 7.5% - $537.78.
What are examples of discount rates?The discount rate is the interest rate that is used in a discounted cash flow (DCF) analysis to calculate the present value of future cash flows. This aids in determining if a project's or investment's expected future cash flows will be worth more than the capital expenditure required to fund them now.
According to given data:
Future Value = FV = $20,000
No. of years = n = 50 years
Discount Rate = n = 7.50%
Present value = PV = ?
Using Future value formula as below
Future value = Present value x ( 1 + rate of interest )^Number of years
FV = PV x
PV =
PV = FV x
PV = $20,000 x
PV = $537.78
So, the correct answer is $537.78.
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a journal provides a multiple choice question. summary of all the debits and credits made during the period. chronological record of all transactions affecting a firm. listing of all accounts used by a firm.
All transactions impacting a corporation are recorded chronologically in a journal.
For the purpose of future reconciliation and as a means of transmitting data to other accounting records.
Such as general ledgers, journals are detailed accounts that record all of a business's financial activities.
A business keeps track of all of its financial transactions in a journal. Businesses use the journal to transfer data or to match up entries in a general ledger with records of income and expenses.
Dates of transactions and sums spent or gained are recorded in a journal.
Sales, purchases, or any other financial activity into or out of your firm is recorded chronologically in a journal, which can be physical or electronic.
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How long does it take to get tax refund direct deposit?
Answer:
it takes less than 21 calendar days
Explanation:
after th irs recives the tax return you gave
Which account is generally NOT considered a part of the revenue cycle?
a. Accounts Receivable
b. Inventory
c. Sales
d. Cash
Inventory account is generally NOT considered a part of the revenue cycle.
What is Inventory?Inventory management involves keeping track of the goods, components, and raw materials that a business either sells or utilizes in its operations. As a business owner, you should use inventory management to make sure you have enough merchandise on hand and to spot shortages.
Counting or listing items is what the verb "inventory" means. Inventory refers to all stock at different stages of production and is a current asset in accounting terms. Both shops and manufacturers are able to continue selling and producing goods by maintaining stock. For the majority of businesses, inventory is a significant asset on the balance sheet, but having too much can really become a burden.
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grand corporation reported pretax book income of $630,000. tax depreciation exceeded book depreciation by $420,000. in addition, the company received $315,000 of tax-exempt municipal bond interest. the company's prior-year tax return showed taxable income of $52,500. compute the company's current income tax expense or benefit.
Since the tax rate is not mentioned, The company’s current income tax expense or benefit is a 52,500 * tax rate
Given Data:
pretax book income = $630,000
tax depreciation exceeded = $420,000
tax-exempt = $315,000
taxable income = $52,500
Net operating loss is calculated by using the formula,
Net operating loss = pretax book income - depreciation - tax-exempt municipal bond interest
Net operating loss = 630,000 - 420,000 - 315,000
Net operating loss = -105000
The current tax benefit is calculated by using the formula,
Current tax benefit = Net Operating Loss carryback to prior year*tax rate
Current tax benefit = 52,500*tax rate
Therefore, since the tax rate is not mentioned, The company’s current income tax expense or benefit is a 52,500*tax rate
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several studies have shown promising links between green tea consumption and cancer prevention. how does this affect the market for green tea?
Studies linking green tea consumption and cancer prevention could have a positive impact on the green tea market. As consumers become aware of the potential health benefits associated with green tea, demand for the product is likely to increase, leading to higher sales and potentially higher prices.
In addition, the green tea market may become more competitive as new companies enter the market to capitalize on the growing demand. This can result in the introduction of new green tea products, such as green tea supplements, as well as increased marketing and advertising efforts by existing companies.
It is important to note that while there are promising findings linking green tea consumption and cancer prevention, additional research is needed to confirm these findings and establish green tea as a proven cancer preventer. However, the perception of green tea as a healthy drink is likely to have a positive impact on the market.
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on january 1, a company purchases a $2,400 insurance policy covering the company for the entire year (january 1 through december 31 of the current year). as of july 1 of the current year, what is the total expense recognized for this policy?
$1200 is the total expense recognized for this policy .
What does "total expense" mean?
The term "total expenses" refers to the total of all gross cash outlays as well as any subsidiary obligations, such as taxes, interest, incentive fees, and operating costs.
According to the income statement, a corporation may have sizable total sales.
on 1 jan policy amount $2400 for the entire year ( 1 Jan to 31 Dec ),
$2400 / 12 = $200 Per month amount will be recognized,
so the total expense for this policy will be recognized upto 1July
= $200 x 6 = $1200
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how could you make money if the june and december futures contracts for a particular year trade at $80 and $86?
One oil contract may be purchased in June and one sold in December. When the oil is delivered in June, you borrowed $80 per gallon at even a rate of 5% to pay for cash withdrawals.
By money, what do you mean?You can pay for things using legal currency, settle debts with it, or use it to receive services. It occasionally also contains the worth of assets that, according to a corporation, may be quickly transformed into cash.
Can money lose its value?Fiat money runs the risk of sacrificing value owing to inflation or maybe losing it all in the case of hyperinflation because it isn't backed by real reserves.
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you are in the process of selecting vendor for a project. which of the following statements are true regarding a prequalified seller list? answers a. it is used as a tool in the conduct procurements process. b. it is part of the project management plan. c. it defines the source selection criteria. d. is used to determine which sellers will receive a procurement contract award.
It is part of the project management plan.
What is a plan?
The three most common terms used to categorise plans are breadth, time period, and specificity; however, these terms do not stand alone. For instance, the strategic and operational categories and the short- and long-term categories have a close link.Less formal plans frequently start out as abstract concepts and stay that way when they are updated and put to use. While initially formed with and as an abstract notion, more formal plans used for economic and military goals are more likely to be written down, drawn up, or otherwise preserved in a form that is accessible to multiple persons across time and place..To know more about plans, click the link given below:
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an organization’s budget is a document that details
A. the financial and physical resources allocated to a project or departement for a period
B. the cash available for business expenses and payroll during a year
C. the headcount assigned to each departmental manager for the year
Option A is Correct. The budget of an organization is a document that lists the financial and material resources allotted to a project or department for a given time period.
It is a management tool that is employed within an organization for planning and controlling. Additionally, it is a formal written directive for your future course of action, represented in monetary terms over a predetermined time frame. A project's or department's financial and material resources are specified in the budget for the organization.
They are single-use plans since they are only applicable during that time or for that unique occasion. The process of creating and managing a financial plan that forecasts income and expenses for a time period is known as budgeting.
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a sport fan who is enticed into buying a ticket to a game by a promotion had her consumer behavior affected by:______.
A sport organization's marketing strategy had an impact on the consumer behavior of a sports fan who was persuaded by a promotion to purchase a ticket to a game.
What is marketing strategy?
A company's total approach to reaching out to potential customers and converting them into buyers of its goods or services is referred to as its marketing strategy. The value proposition of the business, critical brand messages, information on target customer demographics, and other important components are all included in a marketing plan. The four Ps of marketing—product, pricing, place, and promotion—are covered in-depth in a marketing strategy. A marketing strategy's overarching objective is to establish and communicate a durable competitive advantage over competitors.
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darrien has an annual 16% compounding interest rate over five years. if the interest rate is compounded quarterly, what is the interest rate per compounding period?
Compounding usually results in annual interest being paid at a greater rate.
What is the interest rate of the compound period?Adding the annual interest rate raised by the number of compound periods minus one to the original principle amount yields compound interest. Next, the value obtained is reduced by the full initial loan amount.
Compounding usually results in annual interest being paid at a greater rate. The amount invested grows over a 12-month period rather than being paid out on a monthly basis. Take advantage of it, though, if you can receive the same interest rate for monthly payments as you can for yearly ones.
By multiplying the yearly interest rate by the quantity of compounding periods, the periodic interest rate is calculated. More compounding periods enable interest to be earned on or added to interest more frequently.
Therefore, the correct answer is 0.04.
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consider 5 evaluation levels of excellent, very good, good, fair, and bad. jack and jim each performed 3 tasks. jack received evaluations of excellent, very good, and very good for the 3 tasks, whereas jim received excellent, good, and bad. what's the euclidean distance between jack and jim on their performance?
The Euclidean distance between Jack and Jim's evaluations would be approximately 2.236.
The Euclidean distance between two points in multi-dimensional space is calculated as the square root of the sum of the squares of the differences between the coordinates of the points.
In this case, the evaluations of Jack and Jim can be treated as multi-dimensional points, where each dimension represents a task, and the value in each dimension represents the evaluation for that task.
The evaluations of Jack and Jim can be represented as the points (5, 5, 5) and (5, 3, 1), respectively, where 5 represents "excellent," 4 represents "very good," 3 represents "good," 2 represents "fair," and 1 represents "bad."
To calculate the Euclidean distance between these two points, we can use the following formula:
d =[tex]sqrt((5 - 5)^2 + (5 - 3)^2 + (5 - 1)^2)[/tex]
=2.236
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the process of gauging potential investor interest regarding a forthcoming initial public offering (ipo) is part of the process called
The process of gauging potential investor interest regarding a forthcoming initial public offering (ipo) is part of the process called book building.
What is initial public offering (ipo) ?
An initial public offering (IPO) is the process of selling new shares of a private company to the general public.To hold an IPO, businesses must satisfy Securities and Exchange Commission (SEC) and exchange standards.IPOs provide businesses the chance to raise money by selling shares on the main market.Investment banks are hired by businesses to sell products, assess customer demand, determine IPO pricing, and other tasks.The company's founders and early investors might use an IPO as an exit option to realize the full return on their private investment.An organization is regarded as private before an IPO.To learn more about initial public offering (ipo)
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icu is considering using seasonal workers in addition to their regular workforce to help with the processing of cranberries. when the seasonal workers are working, the processing rate increases to 125 barrels per hour. the seasonal workers would start working at 10:00 a.m. and finish working when the trucks stop waiting. at what time would icu finish processing the cranberries using these seasonal workers?
The first four hours of the day will be accrued because seasonal workers only begin at 10 AM.
How do the seasonal workers work ?150 barrels of cranberries arrive each hour. At a pace of 100 barrels per hour, they are processed. As a result, inventory grows at a rate of 150 – 100 = 50 barrels every hour. This occurs as the trucks arrive (i.e.from 6:00am until 2:00pm). Thus, the largest inventory level is 400 barrels (8 hours * 50 barrels per hour). 200 of these 400 barrels are in bins, while the remaining 200 are in trucks. 200 barrels. No more cranberries are received after 2 o'clock. 100 barrels of inventory are consumed every hour.Thus, it will take two hours for all of the cranberries that are waiting to be picked to reach the inventory level of 200 barrels.We accumulate 200 barrels over the first four hours of the day because seasonal workers only begin at 10:00am. Our processing rate is higher during the remaining period that we receive incoming cranberries (125barrels per hour).
As a result, inventory only increases at a rate of 25. (150 – 125 barrels per hour). Given that this occurs over the course of four hours, we add 100 more barrels to our inventory. As a result, we have 300 barrels in stock as of 2:00 PM. Even if we initially process cranberries at a pace of 125 barrels per hour, at 2:00 pm we no longer receive any more.Thus, it only takes 100 barrels / 125 barrels per hour= 0.8 hours = 48 minutes until all trucks are empty.
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as the project manager in charge of a mission critical project, it is important that you identify and categorize as many potential risks as possible. which of the following will best help with this? answers a. risk register b. risk management plan c. process analysis d. brainstorming
Correct answer is option A. Rsk register will help project manager who in charge of a mission critical project.
A risk register is a spreadsheet used as a risk assessment tool to pinpoint potential investment setbacks. While risk management is typically associated with projects, it is also useful in product launches and manufacturing.
A risk register document, also known as a risk register log, keeps track of potential risks within a project. It also contains data about the risk's priority and likelihood of occurrence.
A risk register for a project must not only identify and assess risks, but also include concrete mitigation measures. As a result, if the risk escalates, your team will be prepared with remedies and empowered to address the issues.
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in a bureaucratic organization, individuals can be held accountable for what they do, and such accountability reduces the transaction costs. group of answer choices true
Individuals can be held accountable for their actions in a hierarchical organization, and this accountability lowers transaction costs.
What does bureaucratic structure entail?
A government agency or for-profit business with rigidly observed operating procedures and a chain of command is referred to as a bureaucratic organisation. Both the public and private sectors adopt this hierarchical administrative structure. All 2,000 or more federal government departments, agencies, and commissions are bureaucracies. The three most well-known of these agencies are the Social Security Administration, the Internal Revenue Service, and the Veterans Benefits Administration. The four fundamental characteristics of bureaucracies are a clear hierarchy, specialisation, a division of work, and a set of written rules, or standard operating procedures.
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annual real per capita gross domestic product (gdp) in the united states was roughly $44,000 in 2010. if it grew by 3 percent the following year, by 2011 the annual real per capita gdp would be a. $57,200. d. $45,320. b. $42,718. e. $1,320. c. $33,846.
In 2010, the US had a real domestic product per capita of about $44,000. The actual per capita annual GDP would indeed be $1,320 in 2011 if it increased by 3% the following year.
How is real GDP determined from per capita?By dividing GDP at current prices by the populations of a nation or region, one can get real GDP per capita. To make the calculation of national growth rates and the aggregation of the statistics easier, the real GDP figures are evaluated in constant US dollars.
How is real GDP Y determined?A GDP price flashed, or the price difference between both the incumbent year and the baseline year, is used to compute real GDP. For instance, The measure of inflation would be 1.05. If prices increased by 5% ever since base year.
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kelly calls you to her office and tells you that she is interested in expanding gearup to include a national chain of gyms called gearon. she asks you to investigate starting up this new division of the company. click next to begin your challenge. good luck!
The corporation is looking into launching this new branch. looking into the New Division.
Explain what division is.Multiplication is the opposite of division. If 3 groups of 4 add up to 12, then 12 divided into 3 groups of equal size results in 4 in each group. Creating equal groups or determining how many people are in each group after a fair distribution is the basic objective of division.
Which four forms of division are there?Partitive division and quotative division are the two types of division. In some circumstances, one form may be more beneficial than the other. Let's find out how to divide and which approach works best in certain scenarios.
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Which of these is NOT part of the promotional mix?a.Personal Sellingb.Advertisingc.Public Relationsd.Customer Profiles
Four additional components are included in the promotion mix, which businesses use to achieve their marketing goals.
Who is an example of a customer?Any individual or group that has purchased services or products from a business is considered a customer. You represent a business's consumer every whenever your pay a invoice or make a purchase there. There are generally three fundamental
Who is a customer vs a consumer?A user is always the person who uses a good or service in the end, even if they didn't buy it. When a customer makes a purchase and uses the good or service personally, they are considered a consumer. A consumer always makes a purchase, even though they could not be the final users.
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If real gdp doubles and the gdp deflator doubles, then nominal gdp?
Nominal GDP doubles if real GDP and the GDP deflator were both double. The answer is doubles.
Nominal GDP is calculated by multiplying real GDP by the GDP deflator, which is a measure of the price level in the economy. If real GDP doubles, this means that the total production of goods and services in the economy has increased by 100%. Meanwhile, if the GDP deflator doubles, this indicates that the general price level in the economy has increased by 100%.
Since nominal GDP is the product of real GDP and the GDP deflator, it follows that nominal GDP would also double. This means that the total production of goods and services in the economy has not only increased in quantity but also in value as measured in current prices. In this scenario, both real and nominal GDP has increased, reflecting growth in both the quantity and value of goods and services produced in the economy.
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Given, Real GDP doubles and the GDP deflator doubles.In general, GDP can be defined as:Nominal GDP = Price level x Real GDPThe formula of GDP deflator is:GDP deflator = Nominal GDP/Real GDP x 100Let's compute nominal GDP here:Real GDP doubled implies Real GDP increased by 100%and since we know thatPrice level = Nominal GDP/ Real GDP = GDP deflator/ 100
Nominal GDP = Price level x Real GDPFrom the above equations, we know thatPrice level = Nominal GDP/Real GDPandGDP deflator = Nominal GDP/Real GDP x 100On substituting Nominal GDP with the above formula we get:GDP deflator = (Price level x Real GDP)/Real GDP x 100GDP deflator = Price level x 100Since we know that,Real GDP doubled implies Real GDP increased by 100%andGDP deflator doubled implies Price level increased by 100%
Now, Price level has increased by 100%. So, Nominal GDP should also increase by 100%. Hence, the main answer is Nominal GDP doubles.Explanation:Real GDP doubled, i.e. Real GDP increased by 100%.GDP deflator doubled, i.e. Price level increased by 100%.Formula of Nominal GDP is: Nominal GDP = Price level x Real GDPSo, Price level = Nominal GDP/ Real GDPand GDP deflator = Nominal GDP/ Real GDP x 100By substituting Nominal GDP in GDP deflator, we get: GDP deflator = Price level x 100Given Price level increased by 100%, so Nominal GDP should also increase by 100%.
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what problem-solving and decision-making method would be the best choice when facing a challenge to getting your work done?
Finding potential answers to an issue through analysis is known as problem-solving. There may need to be decisions made along the route because it is a complicated procedure.
What is problem-solving?Solving problems is a procedure for achieving goals by getting past obstacles, and it is a common part of most activities. The challenges that need to be tackled range from straightforward daily tasks to intricate issues in the commercial and technical spheres. The former is a complicated problem solving (CPS) example, but the latter must resolve a number of interconnected problems. The former is a simple problem solving (SPS) example. Similar differences can be made between formal, fact-based challenges requiring psychometric intelligence and socio-emotional challenges that depend on individuals' or groups' shifting emotions, such as appropriate behaviour, dress, or gift preferences. The bulk of the time, professionals like lawyers, surgeons, and consultants take on cases that need technical expertise and knowledge over what is commonly thought to be acceptable.
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what type of economy is commonly associated with communism?
The communist political system involves a command economy, whereas capitalist countries have a free market.
What is communism explained simple?Both a form of government and an economic system, communism (a way of creating and sharing wealth). Individuals do not own property, factories, or equipment in a communist regime. Instead, these things are held by the government or indeed the entire community. The wealth that each person creates is meant to be shared by others.
What is communism vs socialism?The main distinction between communism and socialism is that under communism, the state (rather than private citizens) owns and controls the majority of property and economic resources, whereas under collectivism, all citizens partake in the economic resources distributed by a democratically elected government.
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firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition. (true or false)
The given statement ''firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition.'' is true.
What do you mean by business firm?A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership.A company, such as a corporation, is a business organisation that manufactures and sells products and services with the intention of generating income and turning a profit.A business firm is either a partnership or a Sole proprietorship. It may be owned by a person or a business (e.g. Pte Ltd). Being a "legal person," a company is able to establish and own a business entity. A business firm cannot register another business firm since it is not a legal entity.
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