A dynamic timetable that records and keeps track of all the work that needs to be done over the course of the project is the margin of error.
A statistic known as the margin of error describes how much random sampling error there is in survey data. As the margin of error grows, less trust should be put in a poll's findings representing the results of a population census.. Anytime an incomplete sample of a population is used and the outcome measure has positive variance, or when the measure varies, the margin of error will be positive.
When presenting measurable values, observational error is sometimes indicated by the term "margin of error" in non-survey contexts.
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True or false: since retained earnings is involved in the closing process, it is classified as a temporary account.
Since retained earnings is involved in the closing process, it is classified as a temporary account. False
What is a temporary account?Temporary accounts can be described as accounts that are closed at the end of each accounting period. The reason for this is to prevent their balances from being mixed with balances of the next period. Examples of temporary accounts are revenue and expense account.
Permanent accounts are accounts that are not closed at the end of the accounting period. Instead, the balance of the previous accounting period is carried over to the next accounting period. An example is retained earnings.
Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends. It is usually net income less dividends. Dividends are payment made to shareholders out of net income.
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The most significant financial document provided by a governmental entity is:______.
s. the balance sheet.
b. the operating statement.
c. the operating budget.
d. the cash flow statement.
Operating Budget is the most significant financial document provided by a governmental entity. Thus, the correct answer for the question is letter c.
The most important financial report given by a governmental body is the operating budget since the importance of the budget in the governing process is the key characteristic that sets governmental entities apart from the commercial ones.
Balance sheet and cash flow statement are the significant financial documents provided by private entities.
Governments must provide operational budget documents (not operating statement) and access to external financial reports that enable people to compare actual results to the budget, assess the financial health of the government, and assess its efficiency and effectiveness.
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The features of a product or service that most, if not all, customers prefer are called_________blank.
We, consumers, favor products or services that perform well or prefer the "performance attributes" of what we want to consume. This feature is most, if not all, customers prefer.
The dimension of the utility function for the customer is the performance attributes of a product, good or service. Performance quality, attributes and characteristics distinguish the goods or services from those of rival brands or businesses, which the buyer may find to be very important.
If we ask a firm what their product or service is to be given and we can relate to its features or performance characteristics, the strategic activities correspond to the performance attributes subcomponent of the market utility function.
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The lowest level of management, which usually has the most people to manage, is called _____ management.
The lowest level of management, which usually has the most people to manage, is called the Supervisory level of management.
What is the Supervisory Level of management?The first level of management is supervisory, front-line, or first-line management. It also goes by the name of supervisory management. They are in direct contact with the workers since they are "on the line."
Of the three layers, lower-level management is the lowest.
They guarantee the consistency of the workers' continued jobs.
The Keep's daily management.For their team, they plan their careers.feedback on the performance of their staff.They are in charge of supervising each employee's day-to-day tasks and giving them instructions for their work.First-line managers devote practically all of their attention to organizational internal problems. They are the first to notice issues with how the firm is run, such as uneducated workers, subpar materials, and broken machinery.
Thus, Supervisory management is the lowest level of management.
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It is useful to examine the company valuation process from both an internal and an external perspective. the value of a company is affected by three groups of factors:________
the value of a company is affected by three groups of factors Investor Factor
What Is Valuation?
Valuation is the analytical process of considering the current (or projected) worth of an asset or a company. There are various techniques used for doing a valuation. An analyst placing a value on a company seeks at the business's management, the composition of its capital structure, the wellness of future earnings, and the market value of its goods , among other metrics.
What is investment factoring?
Factor investing is an investment approach that involves focusing specific drivers of return across goods classes. There are two main types of factors: macroeconomic and style. Investing in factors can help to modify portfolio outcomes, it deducts volatility and improve diversification.
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Determining which tasks must be performed to attain organizational goals is part of which management function?
Choosing the tasks that must be completed in order to achieve organizational goals, stating their requirements, and specifying when they must be completed are all part of planning.
Setting goals and choosing a course of action to achieve them are both part of the management task of planning. Managers must foresee future situations and be aware of the current environmental factors affecting their firm.
Planning, organizing, leading, and controlling are the four widely acknowledged management functions that include these essential skills. Henri Fayol originally identified five parts that made up management.
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The funds provided by common stockholders that consist of common stock, paid-in capital, and retained earnings are referred to as the firm's:______.
The funds provided by common stockholders that consist of common stock, paid-in capital, and retained earnings are referred to as the firm's Net Worth.
What is paid in the capital?
Paid-in capital is the amount that businesses get from stockholders in exchange for their shares. A significant component of a company's entire equity is this. Either preferred stock or the common stock may be used as paid-in capital. These monies are only obtained through the issuer's direct sales of shares to investors; they are not derived from any operating activities or from the sale of stock on the secondary market to other investors.
Paid-in capital does not include earnings from continuing business operations; it only includes money earned from the sale of stock.
If a company decides to repurchase shares from its owners, the balance in paid-in capital may be reduced; this can either be done directly in the account or it can be recorded in a contra equity account that is linked with and offsets the paid-in capital account.
Thus, the investor's money is called Net Worth.
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Which three parts of the external environment affect amazon's competitive actions and responses?
The three parts of the external environment affect amazon's competitive actions and responses are:
Generalindustry competitorWhat are competitive actions?A competitive action can be described as the strategic or tactical action which is been used by a firm to build or defend its competitive advantages so as to be able to improve its market position.
It should be noted that in doing this the external environment must be taken into consideration, and this external components are been listed above.
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In the product markets of the circular flow model, businesses provide goods and services to the ____________ sector in exchange for consumption spending (or revenues).
In the product markets of the circular flow model, businesses provide goods and services to the household sector in exchange for consumption spending (or revenues).
The circular flow model shows the interaction between two groups of economic decision-makers—households and businesses—and two sorts of economic markets—the marketplace for resources and also the marketplace for goods and services.
In economics, a circular flow model may be a diagram that's accustomed to represent the monetary revenues transactions in an economy. There are two flows present within the model including flow of physical things (goods or labor) and flow of cash (what pays for physical things).
Thus, there aren't any taxes, savings, or investments that are related to other sectors. Four sector model studies the circular flow in an open economy which comprises the household sector, business, government sector, and foreign sector. It is defined because the flow of payments and receipts for goods, services, and factor services between the households and therefore the firm sectors of the economy.
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In the context of making a change in clinical practice in an organization, what is a stakeholder?.
In the context of making a change in clinical practice in an organization. A stakeholder is a person whose work will be affected by the change of practice.
A party with an interest in a company and the capacity to influence or be impacted by it is referred to as a stakeholder. The principal stakeholders in a typical corporation are its investors, employees, clients, and suppliers.
There are several reasons why stakeholders are important. They are important to internal stakeholders since the company's operations depend on their ability to work together to achieve the company's goals.
External stakeholders, on the other hand, might have a tangential effect on the business. Customers, suppliers, and governments all have the power to change their buying habits as well as how their products are produced and distributed. It goes without saying that maintaining relationships with internal and external stakeholders is the key to a company's long-term success.
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Jim makes a deposit of $12,000 in a bank account. the deposit is to earn interest compounded annually at the rate of 6 percent for seven years. Required: a. how much will jim have on deposit at the end of seven years? (hint: what is future value?) b. assuming the deposit earned a 9 percent rate of interest compounded quarterly, how much would he have at the end of seven years? c1. what is the effective annual yield for alternative (a) where interest is compounded annually? c2. what is the effective annual yield for alternative (b) where interest is compounded quarterly? c3. which alternative is better?
The future value with 6% annual compounding is $30,072.61 and its effective yield is 6%
The future value with 9% quarterly compounding is $37,290.90 and its effective annual yield is 9.31%
The 9% quarterly compounding option is better because it has a higher effective annual yield and future value
What does future value mean?
The future value of deposit of $12,000 earning 6% rate of return for 7 years is the accumulated balance at the end of year 7 when the initial deposit and prior interest have earned interest
FV=PV*(1+r)^N
FV=future at the end of year 7=unknown
PV=deposit=$20,000
r=rate of interest rate=6%
N=number of years that deposit would last=7
FV=$20,000*(1+6%)^7
FV=$30,072.61
9% quarterly compounding:
quarterly interest=9%/4=0.0225
number of quarters in 7 years=7*4=28
FV=$20,000*(1+0.0225)^28
FV=$37,290.90
EAR(annual compounding)=(1+6%/1)^1-1=6.00%
EAR(quarterly compounding)=(1+9%/4)^4-1=9.31%
The preferred choice of interest is 9% compounded quarterly since it has a higher effective annual yield and future value
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Scala naturae was consistent with which other account of organismal formation and diversity?
Scala naturae was consistent with The Old Testament.
What is Scala Naturae ?In order to organize everything in the natural world, both living things and non-living things, Aristotle created the Scala Naturae ("Natural Ladder"). In his Scala Naturae, Aristotle depicted a continuum between "lower" and "higher" kinds of substance.
The species cannot move around on the ladder since everything has its place. This suggests that species are unchangeable.
Humans are the only species that can reason logically, according to Aristotle, who placed them above all other species. Plants and minerals cannot move, although both humans and animals can. Minerals cannot develop and reproduce like people, animals, or plants can.
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Economists reason that the optimal decision is to continue any activity up to the point where the.
Economics studies consumer behavior in markets. A market is a gathering of consumers and providers of a good or service, as well as the structure or arrangement through which they engage in commerce. Three key presumptions about how people interact in marketplaces are made by economists. First, people are logical beings. It follows that both buyers and sellers employ all available information to further their objectives. Second, economic incentives influence how people behave.
Third, the best choices are made on the edge. The additional advantages and costs of a decision are referred to as the marginal benefit and marginal cost. According to economists, continuing any activity until the marginal benefit (or MB) equals the marginal cost is the best or optimal decision (MC). We can write MB = MC in symbols.
Government intervention in the economy in the United States and other market economies increased dramatically as a result of the Great Depression's high unemployment and corporate bankruptcy rates. Some government initiatives aim to increase the incomes of the underprivileged, the sickly, and the elderly. Government action has increased in recent years to support social objectives like environmental protection and the advancement of civil rights. Most economists contend that the United States and other countries have mixed economies rather than market economies because of the growing involvement of government in market economies.
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A person who executes orders to buy and sell securities on behalf of his or her clients on the floor of the nyse is called a:_____.
A person who executes orders to buy and sell securities on behalf of his or her clients on the floor of the nyse is called a floor broker.
Floor brokers are employees of member firms who execute trades on the exchange floor on behalf of the firm's clients.
A specialist is a person who is a member of a stock exchange, such as the New York Stock Exchange (NYSE), whose role is to facilitate trading in certain stocks.
Specialists must make a market in the stock they trade by displaying their best bid and ask prices to the market during trading hours.
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The patient has met the goals set for improvement of ambulatory status. the nurse would now?
The patient has met the goals set for improvement of ambulatory status. The nurse would now discontinue the care plan.
What do you understand by the term ambulatory patients?The phrase "ambulatory patients" can also refer to outpatients who receive their medical care outside of a hospital environment. It's another word for outpatients. They visit the care facility periodically rather than staying overnight. The patients in this situation may or may not be able to walk and may require a wheelchair. Ambulatory simply refers to a patient who is not hospitalised. Patients who can ambulate independently with the aid of assistive equipment are considered ambulatory patients, as are those who are not dependent on others for help in getting to safety in an emergency.
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According to passman, if you sell your song to a publisher, you can get it back 35 years later by merely sending a notice. this is called?
According to Passman, you can simply write a notice 35 years after selling your song to a publisher to obtain it back. This is called Termination Rights.
Any right of the tenant to void or terminate the lease or to demand a partial or complete eviction resulting from a violation or default by the landlord under the terms of the lease is referred to as a "Termination Right" (whether under the terms of the lease or under relevant legislation). Giving the Defaulting Party no more than 20 days' notice, the Non-Defaulting Party may designate a day as an early termination date (the "Early Termination Date") in respect of all pending Transactions between the Parties if, at any time, an Event of Default has happened and is ongoing. The pertinent Event of Default must be identified in this notice. The notice's effective date cannot be earlier than the early termination date.
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A beekeeper decides to locate her business on a plot of land that is between an apple orchard and an elementary school. a negative externality that can result is?
A beekeeper decides to locate her business on a plot of land that is between an apple orchard and an elementary school. a negative externality that can result is the possibility of the bees stinging the students at the school.
because this is impacting other for the benefit of the one.Stings from bees are a frequent outdoor annoyance. Most of the time, bee stings are only uncomfortable, and home remedies will enough to reduce the discomfort. However, if you are allergic to bee stings or if you are bitten repeatedly, you might experience a more severe response that needs emergency care.Bee stings can cause a variety of responses, from minor pain and discomfort to life-threatening allergic reactions. If you have one kind of reaction, it doesn't always follow that you'll experience another similar one or that it will be more severe the next time you are stung.To know more about bee stings visit:
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The rise in the importance of accountability and producing measurable results has led marketers to become less reliant on television advertising and shift funds to?
The rise in the importance of accountability and producing measurable results has led marketers to become less reliant on television advertising and shift funds to alternative communication venues and methods.
A brand extension is when a corporation uses one in every of its established brand names on a brand new product or new product category. It's sometimes referred to as brand accountability stretching. The strategy behind a brand extension is to use the company's already established brand equity to assist it launch its newest product.
With some exceptions, products need some variety of packaging to cut back the danger of injury, breakage, or spoilage, and to extend the issue of stealing small products. a package also is an in-store advertisement that produces the merchandise attractive, displays the brand, and identifies features and benefits.
Second screen advertising builds on the growing trend of multi-tasking, which is commonly a blending of accountability entertainment and shopping. Direct procurement. the acquisition of products and services accustomed to creating the merchandise or service provided to end-users.
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Londa corporation pays employees $3,000 for the month. what is the effect on the balance sheet equation? (select all that apply.)
Londa corporation pays employees $3,000 for the month. Effect on the balance sheet equation will be decrease owners' equity and decrease assets.
The most fundamental and elementary aspect of accounting is the balance sheet equation or accounting equation. The foundation of the entire double entry accounting system is the balance sheet equation. This is how the balance sheet equation appears. Liabilities plus equity equal an asset.
The balance sheet equation, in its simplest version, displays the assets, liabilities, and ownership interest of a company. The company's assets are the first factor in the calculation. These are the assets, such as cash, receivables, and fixed assets, that the business will need in the future.
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The sale of sensitive or confidential company information to a competitor is known as _______.
The sale of sensitive or confidential company information to a competitor is known as industrial espionage.
What is Confidential Company Information?Employees are frequently restrained from sharing sensitive information with outside parties by confidentiality agreements.
Any information a business owner wants to keep private is considered confidential information. Most frequently, whether information should be considered confidential depends on the specifics of each situation, based on the necessity and significance of nondisclosure. This indicates that corporate secrecy can exist both internally and externally, and it includes information about people's personal, professional, and trade secrets.
Internal business information discussed between the firm owner and another person is referred to be confidential and either cannot or shouldn't be disclosed to a third party without the owner's express permission.
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What are capital gains on an investment?
Capital gains are profits on an investment. whilst you sell investments at a higher price than what you paid for them, the capital gains are "found out" and you will owe taxes on the amount of profit.
Capital gain and different investment earnings range based on the source of the profit. Capital gains are the returns earned while an investment is bought for more than its purchase price. Funding earnings is take advantage of interest payments, dividends, capital profits, and another earnings made through an funding vehicle.Capital profits taxes follow only to “capital assets,” which include stocks, bonds, rings, coin collections, and actual estate. long-term gains are levied on profits of investments held for extra than a yr. quick-term gains are taxed on the person's regular income tax fee.
Subtract your foundation (what you paid) from the found out quantity (how an awful lot you offered it for) to determine the difference. if you sold your assets for more than you paid, you have a capital benefit. if you bought your assets for less than you paid, you have a capital loss.
Examples include a domestic, personal-use items like family furnishings, and stocks or bonds held as investments. when you promote a capital asset, the difference between the adjusted basis in the asset and the amount you realized from the sale is a capital gain or a capital loss.
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If a nation has gdp of $12,500 billion and gdp per capita of $62,500, what is the nation's population?
A comparative understanding of economic prosperity and global economic advancements can be gained by analyzing GDP per capita on a global scale.
$12,500,000,000/$62,500 = 200,000,000
What Is the GDP Per Capita?
A country's economic output is broken down by its per-capita gross domestic product (GDP), which is derived by dividing the GDP by the population.
By dividing a country's GDP by its population, the per capita GDP may be used to measure a nation's economic production per person.
Economists use it along with GDP to examine a country's prosperity based on its economic growth. It is a global indicator of a country's level of prosperity. It is frequently evaluated alongside GDP, enabling economists to compare the productivity of different nations. The analysis of the global per capita GDP offers information on the health and trends of the world economy. The greatest per capita GDPs are typically found in small, wealthy countries and more advanced industrialized nations.
The per capita calculation takes into account both GDP and population. Therefore, the highest GDP per capita may or may not be found in the highest GDP countries.
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Why is private property, and the protection of property rights, so critical to the success of the market system and economic growth?
Private property and its protection rights are very important for a market system to work because it enables individuals and businesses to make exchanges in the market.
What is the significance of the property rights?Private property refers to the legal designation for the ownership of property by non-governmental legal entities.
Property rights are the legal ownership that defines how the resources and property can be used. These rights consists of some basic rights such as exclusive right to choose how property will be used, right to exchange with someone else on the basis of mutual agreement etc.
Basically, property rights states the legal rights related the property of an individual.
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A firm with a profit margin of 10% generates ______ in net income for every dollar in sales.
A firm with a profit margin of 10% generates 10cents in net income for every dollar in sales. One of the often used profitability statistics to determine how profitable a business or line of business is profit margin.
Profit Margin
When calculating profit margin, base is the selling price (or revenue) multiplied by 100. While "profit percentage" or "markup" is the percentage of cost price that one receives as profit on top of cost price, it is the proportion of selling price that is converted into profit. Companies compute profit percentage to determine the ratio of profit to cost since it is important to know what percentage of profit one will receive on a specific investment when selling something. Most internal comparisons make use of the profit margin. It is challenging to compare the net profit ratios of several organizations effectively. Because operational and financing arrangements for individual businesses vary so greatly, it is inevitable that different entities will incur varying levels of expenses, making comparisons between them meaningless.
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The two major aspects of the evaluation phase of the strategic marketing process are?
The two key components of the review phase of the strategic marketing process are recognising goals that have been missed and taking corrective action.
What does the strategic marketing process' review phase entail?The assessment phase aids in determining the effectiveness of the marketing campaign. We contrast the marketing program's results with the objectives specified during the planning stage. In this way, we are able to spot the goals' deviations.
The strategic marketing process consists of three stages, which are
SWOT analysis, goal appraisal, and goal setting. awareness, action, and assessment. planning, carrying out, and evaluating.
A marketing strategy's two main components are choosing a target market and developing a marketing mix.
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It is estimated the national cost of overweight and obesity combined each year is:________
It is estimated the national cost of overweight and obesity combined each year is 113 billion dollars
What are Obesity and overweight?
According to the definition of obesity and overweight in the United States, these conditions are characterized by an increase in the size and number of fat cells in the body. Many things contribute to becoming overweight or obese, including habits including eating habits, lack of sleep or exercise, some medications, genetics, and family history.
Obesity is a long-term medical condition that increases the risk of heart disease, the number one killer in the US, and is associated with a wide range of other health issues, for example type 2 diabetes and cancer.
In the US, about a third of adults (20 and older) are either overweight or obese. Between the ages of 2 and 19, over 1 in 5 kids and teens are obese.
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Okra was $13. 00 per bushel in 2015, and 1. 5 million bushels were sold. Okra was $14. 00 per bushel in 2016, and 2. 0 million bushels were sold. "if in both cases the okra market was in equilibrium, this must be an example of an exception to the law of demand. True or false?.
The above statement is false.
According to the given question, there is an increase in the equilibrium price (P) and quantity (Q) of okra from 2015 to 2016. As we all know, when the quantity demanded (QD) decreases along the demand curve, the price also decreases. When non-price factors like income and climate change improve, the demand curve shifts to the right.
So, the rightward shift of the demand curve for okra will raise the equilibrium price (P) and quantity (Q) of okra if all other factors including supply (SS) remain constant. Hence, the law of demand will not be violated.
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What are the fundamental questions that product testing attempts to answer? (check all that apply.)
The fundamental questions that product testing attempts to answer are;
How can a product be improved to exceed customer expectations?
How does a product perform for a customer?
These questions both aim at meeting customer needs for their satisfaction for the given product which is a primary goal in product assessment.
Product testing is a method of analyzing a product concept, feature or functionality to determine how potential customers may use or react to the product.
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Which type of innovation encourages employees to use their talents in innovative ways?'
The type of innovation where employees are encouraged to use their talents in innovative ways is Structure innovation.
What is structure innovation?
Structure innovation is a type of innovation where the focus is on those who make up the structure of a company - the employees.
Here the employees are viewed as the best way to make a company more effective and efficient and so they are encouraged to use the talents they have, in creative ways that will give the company an edge.
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Please help
starbright industries which manufactures radiators has recently begun doing business in japan. its executives make a deal to export a shipment of a new type of radiator to japan once the product exits the production stage. the shipment will be worth one billion yen or approximately $9.4 million us dollars.
how does this situation show the difficulty that may be posed by implementing an international set of standards?
The situation shows why it is difficult to implement an international set of standards because different countries might have different standards they adhere to.
Why is it hard to implement an international set of standards?Countries have differing sets of standards based on the prevailing situations in their nations. When they produce goods and services, they will go by those standards. Those standards can sometimes also give them an advantage over other nations which is probably why Starbright Industries is able to sell radiators in Japan.
If an international set of standards is proposed, some nations might kick against it because they want to maintain their competitive edge. Other nations might not be able to afford to meet the new standards and so will protest as well.
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