The hurdles to success are higher and more complex in global markets than in domestic markets. Such hurdles include sociocultural forces. When developing and putting into practice a company's marketing strategy, it is crucial to take social and cultural issues into account. These frequently connected but slightly dissimilar aspects influence consumer and buyer decisions in a variety of ways.
The practices, ways of life, and values that make up a society are referred to as sociocultural factors. Aesthetics, education, language, law, politics, religion, social organizations, technology, material culture, values, and attitudes are only a few examples of cultural characteristics. Reference groups, families, roles, and status in society are examples of social factors. Small business owners need to be aware of and comprehend how these aspects relate to consumer behavior.
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Why would the nurse ask a physical therapist to perform passive rom exercises for a patient with lower extremity injuries sustained in a motor vehicle crash?
The nurse ask a physical therapist to perform passive ROM exercises for a patient with lower extremity injuries sustained in a motor vehicle crash.
The patient has orthopedic trauma.
What is orthopedic trauma?Orthopedic trauma is a severe injury to any component of your musculoskeletal system caused by a collision or crushing force. Sportspeople, people who are frail or have brittle bones, and victims of auto accidents are particularly prone to this.
Trauma and orthopaedic (T&O) surgeons identify and treat disorders of the musculoskeletal system, which includes the bones, joints, and structures that support movement such ligaments, tendons, muscles, and nerves.
Compression fracture: Tiny fissures in the bone, also known as compression fractures, have the potential to cause bone collapse. Compression fractures are most frequently found in the vertebral column's supporting bones, and osteoporosis is their main cause.
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The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________.
The intersection of the supply and demand curves, which balances supply and demand, is a graphic representation of the market-clearing price.
What Is the Law of Supply and Demand?
The law of supply and demand combines two fundamental economic principles describing how changes in the price of a resource, commodity, or product affect its supply and demand. Supply grows as the price rises, while demand declines. In contrast, as the price falls, supply is constrained and demand is increased. levels of supply and demand for various prices can be represented as curves. These curves overlap at the equilibrium, or market-clearing price, where supply and demand are equal. This intersection symbolizes the process of price discovery in the market.
According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases. According to the law of supply, on the other hand, higher prices tend to increase an economic good's supply while lower ones tend to reduce it.
The product's price elasticity refers to the extent to which changes in price translate into changes in demand and supply. The demand for needs is comparatively inelastic, meaning that it responds less quickly to price changes.
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Among the various types of responsibilities a business firm has, which are specifically considered to be economic responsibilities? (check all that apply.)
Among the various types of responsibilities a business firm has, the one that is specifically considered to be economic responsibilities
giving investors a return on invested capitalrepaying debts to creditorsWhat are economic responsibilities?This is the term that is used to refer to all of the practice that the firm would have to put in place that would have to do with all of the ways that it would have to back its financial responsibilities and its commitment.
This is what has to do with the ways that would exceed the maximization of profit by the firm but all that would have to do with the ways that would help to impact the environment that we live in a positive way.
Hence we can say that among the various types of responsibilities a business firm has, the one that is specifically considered to be economic responsibilities
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As of december 31, $400 of revenues related to goods or services provided during the period were not collected nor recorded. what adjusting entry is necessary at the end of the period?
In Receivable account relation to products or services delivered during the period, $400 in revenues were not collected nor recognized as of December 31. If an adjusting entry is required at the end of the quarter, should the Service Revenue account be increased by $400 as well as the Accounts Receivable account by $400.
The amount of money owed to a business for delivered or used but unpaid goods or services is known as Receivable account. The balance sheet classifies accounts receivable as a current asset. Any money owing by clients for purchases done using credit is known as Receivable account.
Receivable account is the term used to describe any unpaid invoices or cash that customers owe a business. The term describes accounts that a company is entitled to since it has provided a good or service. Accounts receivable, also known as receivables, are a type of line of credit that a business extends to its customers, and its terms typically call for payments to be made within a short time frame. Usually, it varies from a few days to a fiscal or yearly year.
Because there is a legal need that the customer pay the debt, businesses include Receivable account as an asset on their balance sheets.
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The emergence of an information-based economy are important parts of the __________ environment in which businesses operate.
The emergence of an information-based economy is important parts of the Technological environment in which businesses operate.
What is the technological environment?The technological environment is part of the company's external environment that is related to technological breakthroughs and changes. Additionally, the word "technology" is frequently used in relation to methods and equipment. The organization faces both risks and opportunities as a result of its change.
Companies must adjust to technological changes because they have little control over them. Therefore, businesses must be able to adapt to new technological developments.
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The most ethical decision is that which best upholds impartial standards of fairness and equity. True or false?.
TRUE, the most ethical decision is that which best upholds impartial standards of fairness and equity.
In finance, equity is the possession of assets that could have debts or other liabilities attached to them. fairness is measured for accounting functions by subtracting liabilities from the fee of the property.
The term “equity” refers to equity and justice and is distinguished from equality: while equality means providing the identical to all, fairness means spotting that we do not all start from the same location and need to renowned and make adjustments to imbalances.
We also can think of equity as a degree of residual ownership in a company or asset after subtracting all money owed associated with that asset.
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What are the minimum maintenance margins for stock positions in long and short margin accounts?
a. 50 / 50
b. 50 / 25
c. 50 / 30
d. 25 / 30
The correct answer is (d) 25/30.
Additionally, a minimum maintenance margin of 30% for short positions and 25% for long bets is needed. If they so desire, the exchanges or brokerages may impose tougher restrictions (also known as house margin requirements) than those imposed by the Federal Reserve.
How do we define Maintenance Margin?Maintenance margin, which is presently fixed at 25% of the entire value of the securities in a margin account as per the regulations of the Financial Industry Regulatory Authority (FINRA), is the minimal equity that an investor must retain in the margin account after the purchase has been made.
Who determines the necessary minimal maintenance margins?The government regulates the minimum margin requirements for leveraged accounts. The maintenance margin is currently fixed by the Financial Industry Regulatory Authority (FINRA) at 25% of the entire value of the securities that a trader keeps in their margin account.
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There are only a few situation factors that can impact an outcome when you are trying to accomplish something. True or false
There aren't many circumstances that can affect how anything turns out when you're attempting to get something done. false
Situational influences, including parental divorce, can have an impact on a child's or young person's life. Certain situational conditions may put some kids and teens at higher risk for social, emotional, and mental health (SEMH) issues.
How do environmental influences influence behavior?
To sum up, in terms of interpersonal obedience, the situational factors that influence behavior include the belief that the person you obey appears to have the authority to demand obedience and is in control of your behavior (sometimes merely a view that is reinforced by the environment).
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Buying and selling long-term assets are considered _____ activities in the statement of cash flows of a firm.
Buying and selling long-term assets are considered investing activities in the statement of cash flows of a firm.
What Is a Cash Flow Statement?
A cash flow statement is a financial statement that gives aggregate data consisting all cash inflows a company collects from its ongoing operations and external investment sources. It also consist of all cash outflows that is paid for any business activities and investments during a period.
What is Cash Flow?
Cash flow means to the net balance of cash moving in and out of a business at a specific time. Cash is continuously moving into and out of a business. For example, when a retailer buys inventory, cash flows out of the business toward its suppliers.
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All of the following except ________ pertain to the scope of a business message.
All of the following except the sequence in which the information is presented means the scope of a business message.
Which of the following are steps in the business message planning procedure?The three-step writing procedure includes planning, writing, and completing the business message. Planning concerns analyzing the situation, gathering information, choosing the right medium for your message, and organizing the data.
The content of a business message is the range of data you present, the overall length, and the status of detail—all of which should resemble your main idea.
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A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing ______.
A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing products that are regularly bought.
What is purchase?A purchase is when a person makes a purchase or acquires possession of a product. A price must be paid in order to purchase an item.
A television, a mansion, an automobile, or even some detergent can be the purchased object.
If the person is buying a product on a daily basis or a person is buying a product that is cheap, then he or she would like please have a decision to keep the process of checking the quantity price or even the components and directly buy the product.
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How do you take ownership of your learning experience?
1.) by displaying academic integrity and honesty
2.) by completing assignments promptly
3.) by dedicating sufficient time outside of class for study
4.) by identifying, developing, and implementing plans to achieve educational goals
Take ownership of your learning experience 1.) by displaying academic integrity and honesty.
Educational integrity permits college students and the workforce the freedom to construct new thoughts, information, and innovative works whilst respecting and acknowledging the work of others. The college will respond to instructional misconduct in a truthful, steady, transparent, and timely manner.
Not best is administrative center integrity useful to groups, but it's also useful to the person. by showing that you are an honest and reliable man or woman, you may gain respect and trust from your peers and executives, which also can play a big part in your career boom, progression, and ordinary fulfillment.
Educational integrity way placing one's values into guidance via being sincere inside the instructional paintings you do at university, being honest to others, and taking duty for getting to know, and following the conventions of scholarship.
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In porter's generic competitive strategies, which strategy combines a focus on a total market scope and a competitive cost advantage?
In porter's generic competitive strategies, focus strategy and overall cost leadership strategy combines a focus on a total market scope and a competitive cost advantage respectively.
What is focus strategy?A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.
While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.
There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.
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How do financial institutions evaluate the creditworthiness of potential borrowers?
Financial institutions evaluate the creditworthiness of potential borrowers by checking five C's of credit.
Five C's of credit is character, capacity, capital, collateral, conditions.
Character involves image of the person in the market which means credit history , how one should manage its debt in the past. whether previous debts were timely paid or not.
Capacity involves the capacity of the person to pay its debt. whether person is able to pay its debt timely with sufficient funds. It should be checked by checking creditworthiness of people, debt to equity ratio and other financial measures.
Capital refers as savings, investment or assets of the potential buyer. by this financial position of the borrower is known.
Collateral refers to as security which is put to take loan, whether its vale is more than loan value or not.
Conditions are the terms on which agreement is done regarding the loan.
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If a manager finds a severe decline in employee morale and direction, they may need to spend more time in which role?
If a manager finds a severe decline in employee morale and direction, they may need to spend more time in the Leadership role
How are leadership & management correlated?The words that are frequently used interchangeably are leadership and management. It is crucial to realize that effective management depends on effective leadership.
A key element of management, exceptional leadership behavior places emphasis on creating an environment where each person can grow and succeed. Leadership is the capacity to motivate and direct a team's efforts toward the achievement of objectives. This influence could come from official sources, like the one offered by obtaining a managerial position inside a corporation.
A manager needs to have the qualities of a leader or leadership traits. Leaders create and launch competitive advantage-building strategies. For maximum organizational effectiveness, businesses need strong management and strong leadership.
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Which purchase decision will probably require the most extensive information search? multiple choice question.
The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.
What is meant by purchase decision?
The term that purchase decision can be referred to as the thought process that would have to do with the thought process that would involve all that concerns the ability to be able to get a particular product as well as a brand. The goal is to be able to make the best decisions that would aid you in the purchase of that particular good.
Some purchase decisions are known as the major purchase decisions while some others can be regarded as minor decisions. The major ones are the ones that would need the extensive search for information.
Hence we can say that The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.
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Complete question
Which of the following purchase decisions will probably require the most extensive information search?
A. plastic surgery
B. Wheelbarrow
C.Washing machine
5. individual problems 9-5 describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which should take longer to reach the long-run equilibrium? in the short run, both monopolists and competitive firms earn positive economic profits. in the long run, can earn a positive economic profit. true or false: the adjustment to long-run equilibrium takes the same amount of time for monopolies and competitive industries. true false
False, In the short run, both monopolists and competitive firms earn positive economic profits.
In the long term, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, homogeneous products. Firms experience no barriers to entry monopolists and every one consumer has perfect information. Equilibrium in perfect competition is that the point where market demands are going to be adequate market supply.
A firm's price is going to be determined now. Within the short run, equilibrium is going to be full of demand. within the future, both demand and supply of a product will affect the monopolists equilibrium in perfect competition. The long-run supply curve in an industry during which expansion doesn't change input prices (a constant-cost industry) could be a horizontal line.
The long-run supply curve for an industry within which production costs increase as output monopolists rises (an increasing-cost industry) is upward sloping. The existence of high barriers to entry prevents firms from entering the market even within the long‐run.
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High tech customers want cutting edge products that are updated every year.
true or false
False. What happens to a product's age when its placement (Speed/Accuracy) is updated? It splits in two. Region Kits are extra product features made for a particular market.
How does product positioning work?Product positioning is a type of marketing that highlights your product's advantages to a specific target market. Based on positive reactions to the product, marketers can choose which audience to target through market research and focus groups.
Research can also reveal which product features appeal to consumers the most. Understanding this data facilitates the streamlining of marketing initiatives and the creation of powerful marketing messages that increase leads and sales. Additionally, it aids in setting the product or service apart from rivals in the market.
Any marketing strategy must include product positioning, but it need not be restricted to a single demographic.
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Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are:_________
Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are perfectly competitive markets.
What is perfect competition?
In economics, more specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by a number of idealizing conditions that collectively are referred to as perfect competition, or atomistic competition. It has been shown in theoretical models with perfect competition that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price. A Pareto optimal equilibrium would be this one.
The main characteristics of perfectly competitive markets includes long-run equilibrium in such markets satisfies the requirements of both productive and allocative efficiency. These two circumstances also have significant ramifications. Priority is given to the best alternative use of resources. The second benefit is that they offer society's highest level of fulfillment.
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Stockholders are from the managers and employees of the firm because they are not actively involved in the operations of the firm. True or false?.
This is utterly FALSE! Stockholders are NOT the managers or the employees of the firm. But it is true that stockholders are not actively involved in the operations of the firm.
Stockholders are SEPARATE from the managers and employees of the firm due to the fact that they are not intimately participating in the firm's ops.
All that matters to stockholders is the profit the company will give them. As a result, managers and employees work for the company and are the reason why there is profit, not stockholders!
Well, there's an exception. If the stockholder is also the owner or elected as board of director, then they will be involved in the operations of the firm.
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A(n) ____ is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product.
A Transaction is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product.
A transaction is a completed agreement between any buyer and any seller in order to exchange goods or services and financial assets in return for money.
The term transaction is also generally used in the corporate accounting. In the business bookkeeping, this plain definition could get tricky. A transaction can be recorded by a company earlier and later depending on whether it uses accrual accounting or cash accounting.
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A decrease in supply causes the equilibrium price to _____ and the equilibrium quantity to _____.
A decrease in supply causes the equilibrium price to rise and the equilibrium quantity to decrease .
A decrease in demand causes the equilibrium price to :
A decrease in demand will cause the equilibrium price to fall; quantity supplied will decrease. An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.
What happens at the equilibrium price?
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity.
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Experts who study strategic leadership have identified the key characteristics of high-performing leaders. which of these is a characteristic for strategic leadership?
Experts who study strategic leadership have identified the key characteristics of high-performing leaders. The willingness to delegate and empower is a characteristic for strategic leadership.
Leadership, both as a research vicinity and as a sensible skill, encompasses the capacity of an individual, group or agency to "lead", have an effect on or guide different individuals, groups, or whole corporations. The phrase "leadership" frequently receives considered as a contested time period
“The motion of main a group of people or an agency.” it really is how the Oxford Dictionary defines leadership. In simple phrases, leadership is about taking risks and challenging the reputation quo. Leaders motivate others to attain something new and higher.
The definition of management is the position of guiding a collection, or the capacity to guide. management can exist in both formal and casual companies. as an instance. Formal putting (consisting of inside a big employer) - The chief of the organization is normally a person who has been appointed to a excessive function of authority
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_________ is a methodology for drawing conclusions about equality of means of multiple populations.
Analysis of variance is a methodology for drawing conclusions about the equality of means of multiple populations.
What is meant by Analysis of variance?Analysis of variance (ANOVA) is an analysis tool used in statistics that splits an observed aggregate variability found inside a data set into two parts: systematic factors and random factors. The systematic factors have a statistical influence on the given data set, while the random factors do not.Analysis of variance (ANOVA) is a collection of statistical models and their associated estimation procedures (such as the "variation" among and between groups) used to analyze the differences among means. ANOVA was developed by the statistician Ronald Fisher. ANOVA is based on the law of total variance, where the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether two or more population means are equal, and therefore generalizes the t-test beyond two means.To learn more about the Analysis of variance, refer
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These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. These are Financial Services Corporations.
What is investment banking?Investment banking is a particular branch of banking that deals with raising money for other businesses, governments, and other organizations. Investment banks assist in the selling of securities, underwrite new debt and equity securities for all kinds of firms, and make mergers and acquisitions, reorganizations, and broker transactions for both institutions and individual investors possible. Additionally, investment banks advise issuers on the issuance and placement of stock. There are many different positions in investment banking, such as those for consultants, banking analysts, capital market analysts, research associates, trading specialists, and many more. Each demands a certain set of qualifications and training.
Any banking position benefits greatly from having strong people skills. Even devoted research analysts invest a significant amount of time working in teams or providing counseling to customers. While certain jobs call for more of a sales touch than others, it's important to feel at ease in a work-related social setting.
Thus, Investment banking is all about raising money from different institutions.
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Complete Question
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. What type of financial Institution?
Effective marginal tax rate do not include? a. social security and medicare taxes b. mortgage payments
The effective marginal tax rate does not include b. mortgage payments.
Marginal tax rate refers to the supplementary amount of tax paid for every additional dollar earned as income. The total tax paid by total income earned gives the average tax rate. For the United States, the marginal tax rate increases as income rises. This system is termed the progressive taxation system. These marginal tax rates are separated by income levels into seven tax brackets.
The marginal tax rate demonstrates the tax rate which is applicable for all the brackets of income of a taxpayer. Marginal tax rate knowledge is very significant for financial planning.
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While stock index options can be used to play the market as a whole, they are also effective in protecting equity portfolios against falling markets.
a. true
b. false
The correct answer is true.
The right to trade a certain stock index at a set price by a defined expiration date is offered by a stock index option. You have the choice to purchase or sell an index of stocks, if you have a call option on the index or a put option on the index.
When the market is down, which option should you buy?When stock market decline worries an investor, they could purchase put options. This is due to the fact that a put, which gives the buyer the right to sell the underlying asset at a fixed price for a specified period of time, will normally appreciate in value when the value of the underlying asset declines.
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What financial reporting aspect helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term?
Classification as current or long-term helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term.
A liability is something a person or organization owes, typically an amount of money. Liabilities are settled over the years via the switch of economic benefits such as cash, goods, or services.
Legal responsibility is a legally binding obligation payable to another entity. Liabilities are incurred on the way to fund the continuing sports of a business. Examples of liabilities are money owed payable, amassed expenses, wages payable, and taxes payable.
Each is indexed on a company's balance sheet, an economic declaration that indicates a agency's financial fitness. belongings minus liabilities equal fairness, or an owner's internet really worth.
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Supply chain management is an example of a(n)_______because it spans two or more independent organizations.
Supply chain management is an example of a(n) inter-enterprise information system because it spans two or more independent organizations.
More about Supply chain management:
Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services. It entails actively streamlining a company's supply-side operations in order to increase customer value and obtain a competitive edge in the market.
The management of a product's creation and flow, from sourcing raw materials to manufacture, distribution, and delivery to the final consumer, is known as supply chain management (SCM).
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What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.
Some of the non-monetary costs of attempting to eliminate risks includes:
loss of lifeloss of productivityloss of time.What is a non-monetary costs?Basically, a cost means an expenditure required to create and sell products and services or to acquire assets. But, a non-monetary costs refers to those non-money expenditure required to create and sell products and services.
Therefore, some of the non-monetary costs of attempting to eliminate risks includes the loss of life, loss of productivity, loss of time.
Therefore, the Option D is correct.
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