Federal law, (Legal Definition), A physique of law at the easiest or country wide stage of a federal government, consisting of a constitution, enacted laws and the court docket choices pertaining to them.
What are 5 examples of federal powers?These enumerated powers include, amongst other things, the strength to levy taxes, modify commerce, establish a uniform law of naturalization, set up federal courts (subordinate to the Supreme Court), set up and hold a military, and declare war.
What is the most vital federal law?The regulation of the United States includes many ranges of codified and uncodified types of law, of which the most essential is the nation's Constitution, which prescribes the foundation of the federal government of the United States, as properly as more than a few civil liberties.
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https://brainly.com/question/25912245#SPJ4who is responsible for the implementation of the plan during a consultation process? group of answer choices the consultant the consultee the employees another consultant
Employee is responsible for the implementation of the plan during a consultation process.
When an employer talks to and listens to employees, workers, and any applicable employee representatives about organizational issues and changes that affect them, this is referred to as consultation process.. Working together to agree on a change or discover a solution to a problem is the goal of consultation. Employers may make a well-informed, successful decision by taking into account the opinions, worries, and challenges of their employees and having a plan in place to solve them. This can be done by listening to what they have to say and that of their representatives. A generic term like "consultation" can refer to a variety of distinct things. Find out which kind of consultation would be appropriate for your circumstance so that you can make sure you're going through the proper steps.
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what measurement tool do we use to analyze if we have an oligopolistic structure? why do oligopolies exist?
One measurement tool used to analyze an oligopolistic structure is the Herfindahl-Hirschman Index (HHI).
What does Oligopolistic mean?
The term "oligopolistic" refers to a market structure in which a small number of firms dominate the market and other firms face significant barriers to entry. To maximize their profits, these firms frequently collude and set market prices and production levels.
Why do oligopolies exist?
Because of entry barriers in certain industries, oligopolies exist. High start-up costs, government regulations, and the presence of strong existing firms can all be barriers. Oligopolies form as a result of economies of scale, which enable large firms to produce products at a lower cost than smaller firms. Finally, oligopolies may exist as a result of network effects, which occur when one firm's product gains value as more customers use it.
This index measures the market concentration of an industry, with a higher score indicating a more oligopolistic structure. Oligopolies exist because they allow firms to maintain their market power and maximize their profits by colluding with other firms in the market and setting prices.
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inventory at the beginning of april, 2008: 200 units expected demand during april, 2008: 50 units production expected during april, 2008: 100 units what is the expected inventory at the end of april 2008?
The estimated inventory, as stated in the question, is 250 just at end of April 2008.
How does inventory work?
Stock is indeed the term that describes the all goods, resources, services, and stuff that a company holds and intends to sell to consumers for a gain. Only one item that'll be regarded as stock is the newspaper if indeed the vendor delivers publications to consumers using a car.
What are the four categories of inventory?
The four most common forms of inventory include main raw material & components, work - in - process, finished goods, and maintenance, repair, and operational supplies, however there are many more.
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g a. what amount of ordinary income and separately stated items are allocated to them for years 1 and 2 based on the information above? assume that upahill corporation has $100,000 of qualified property (unadjusted basis) in both years.
Amount of ordinary income and separately stated items allocated to them for years 1 and 2 are $10,000,$5,000, and $10,000,$5,000 respectively,
Calculate the total ordinary income and separately stated items for each year.
Year 1:
Ordinary Income: $100,000 x 10% = $10,000
Separately Stated Items: $100,000 x 5% = $5,000
Year 2:
Ordinary Income: $100,000 x 10% = $10,000
Separately Stated Items: $100,000 x 5% = $5,000
Step 2: Allocate the ordinary income and separately stated items to Upahill Corporation for Years 1 and 2.
Year 1:
Ordinary Income: $10,000 x 100% = $10,000
Separately Stated Items: $5,000 x 100% = $5,000
Year 2:
Ordinary Income: $10,000 x 100% = $10,000
Separately Stated Items: $5,000 x 100% = $5,000
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____ are considered an important feature of smartphones due to the convenience and cost savings they offer to consumers.
Goo-gle Analytics are considered an important feature of smartphones due to the convenience and cost savings they offer to consumers. Both speed and storage space.
Modern midrange business cellphones don't require you to choose between speed and cost. However, you will require a smartphone with sufficient processing power to operate all of your mission-critical business apps. Your employees' smartphones devices may enable them to multitask more consumers while on the go if they have enough RAM. In addition to being able to send messages, emails, and make calls, you also have access to the entire range of the computer features.
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when an economy is operating well below its full-employment capacity and the marginal propensity to consume is 3/4, a $10 billion increase in investment will cause the equilibrium income to rise by group of answer choices $5 billion. $10 billion. $20 billion. $40 billion.
If the economy is operating well below its full-employment capacity and the marginal propensity to consume is 3/4, a $10 billion increase in investment will cause the equilibrium income to rise 40$ billion.
An economy is an area that produces, distributes, and trades, as well as consumes, goods and services. Collectively, it is defined as a social domain that emphasizes the practices, discourses, and material manifestations involved in the production, use, and management of scarce resources.
A given economy is a set of processes related to culture, values, education, technological developments, history, social organization, political structure, legal and financial systems. natural resources as key elements. Economic agents can be individuals, companies, organizations or governments.
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an educational description when the primary channel of learning is through tactile and auditory means.
An educational description when the primary channel of learning is through tactile and auditory means functionally blind.
A person is functionally blind when they have to use so many alternative technologies to perform tasks that are normally performed visually that the patterns of their daily lives change significantly. A cataract is a clouding of the normally clear lens.
For people with cataracts looking through a fogged lens is a bit like looking through ice or a fogged window. Astigmatism is an irregularly shaped cornea or lens that prevents light from being properly focused on the retina, the light-sensitive surface at the back of the eye. The surface of the cornea is shaped more like a soccer ball than a round basketball and the eye cannot focus light rays to a single point.
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On January 1 of this year, Diaz Boutique pays $180,000 to modernize its store. Improvements include new floors, ceilings, wiring, and wall coverings. These improvements are estimated to yield benefits for 8 years. Diaz leases (does not own) its store and has 5 years remaining on the lease. 1. & 2. Prepare the journal entry to record the cost of modernization and amortization at the end of this current year.
If on January 1 of this year, Diaz Boutique pays $180,000 to modernize its store. the journal entry to record the cost of modernization and amortization at the end of this current year is: Debit Leasehold Improvements $180,000,Credit Cash $180,000.
How to prepare the journal entry?Jan 1
Debit Leasehold Improvements $180,000
Credit Cash $180,000
(To record cost of modernization)
Dec 31
Debit Amortization expense - Leasehold improvements $36,000
Accumulated amortization - Leasehold improvements $36,000
($180,000 /5 years)
(To record cost of amortization)
Therefore the journal entry to record cost of modernization is Debit Leasehold Improvements $180,000,Credit Cash $180,000.
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in 1978 californians passed proposition 13 that cut property taxes. this led to a severe drop in a major funding sources for k-12 public schools. what did proposition 98 (1988) mandate the state to do for securing money for k-12 schools and community colleges? how large is the state’s community college system
Proposition 98 mandates 40% of the State Budget goes to K-12 schools and community colleges.
112 California Community Colleges currently serve some 2.6 million students, the largest college system in the nation.
Taxes are mandatory contributions levied on individuals or corporations by a central authority entity—whether nearby, regional, or countrywide. Tax sales finance government sports, such as public works and offerings consisting of roads and schools, or applications consisting of Social Safety and Medicare.
It derives from the Latin taxable which means 'to evaluate. earlier than that, English used the associated phrase 'project', derived from old French. For a while, 'project' and 'tax' have been each in no unusual use, the primary requiring labor, the second one money.
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The large is the state’s community college system: Proposition 98 mandates 40% of the State Budget goes to K 12 schools and community colleges.
112 California Community Colleges currently serve some 2.6 million students, the largest college system in the nation.
A network is a set of those who interact with each other, for instance, as buddies or neighbors. second, this interplay is typically regarded as happening inside a bounded geographic territory, inclusive of a community or city. 0.33, the community's participants regularly share not unusual values, beliefs, or behaviors.
Community characteristics can include records of approximately an area's natural features, inclusive of how much land is protected by way of forests or water, and its human-made functions from styles of housing and roads to places of hospitals, faculties, or other public provider buildings.
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within an organization, the primary lever to address the drive to are performance management and resource-allocation processes, and the actions are to increase process transparency and fairness, and to build trust by being just in granting rewards, assignments, and other recognition.
Within an organization, the primary lever to address the drive to defend are performance management and resource-allocation processes.
The natural human desire to protect one's identity and self-worth, as well as the people, accomplishments, and personality qualities that constitute this "sense of self," is known as the "drive to defend."
Neurologists and behavioral scientists have offered an explanation based on the human brain's ledger or accounting system. Our feeling of self-worth is formed by the knowledge that is stored in the brain about all of our tangible and intangible accomplishments, such as power, position, and relationships, which function as "assets."
The triggering of the negative side of the "Drive to Defend," mainly wrath, fear, and envy, results from anything that threatens this sense of self, including the denial of resources, reputation, and in the case of Gen Z, independence and suitable incentives.
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which of the following will result in a decrease to net cash from investing activities? (check all that apply.)
Purchasing shares of stock of another company. Purchasing and selling noncurrent assets and investments are among the investing cash flow activities.
How Do Noncurrent Assets Work?
Noncurrent Assets are long-term investments made by a corporation that won't be fully realized within the accounting year. Since they are frequently quite illiquid, these assets cannot be quickly changed into cash. Investments, intellectual property, real land, and equipment are a few examples of noncurrent assets. The balance sheet of a firm includes noncurrent assets.
On a company's balance sheet, assets are separated into two groups: noncurrent assets and current assets. Long-term assets, often known as noncurrent assets, are capitalized as opposed to expensed. This implies that instead of allocating the whole cost to the accounting year in which the asset was acquired, the corporation allocates the cost of the item across the years for which it would be used. An asset may be depleted, amortized, or both depending on its kind.
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Midyear on july 31st, the digby corporation's balance sheet reported: total liabilities of $76.767 million cash of $6.030 million total assets of $123.810 million retained earnings of $26.289 million. what was the digby corporation's common stock?
The Digby corporation's common stock is valued at $27.631 million.
What is common stock?Common stock is some kind of investment that represents company equity ownership. In countries other than the US, the phrases voting share and also ordinary share also are widely used. They are referred to as equity capital as well as ordinary shares inside the UK as well as in other Commonwealth nations.
The major distinction between preferred stock and ordinary stock is that the former does not grant stockholders any voting rights while the latter does. Priority over a company's income means that preferred shareholders receive dividend payments ahead of common stock.
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Customers: Los Angeles, Chicago, and Philadelphia
Cars are produced at plants, then shipped to wareho
uses, and finally shipped to
customers. Detroit can produce 150 cars per week an
d Atlanta can produce 100 cars per
week. Los Angeles requires 80 cars per week; Chicag
o, 70; and Philadelphia, 60. It costs
$10,000 to produce a car at each plant, and the cos
t of shipping a car between two cities
is given in the following table. Determine how to m
eet General Ford’s weekly demands
at minimum cost.
The required capacity for our warehouses are: Denver 80 cars, New York 130 cars.
This approach will require $10,000 in shipping expenses overall per week. A total of $10,000 would be spent each week on manufacture and delivery (200 automobiles would be created at a cost of $10,000 apiece + $10,000for shipping). With this strategy, all of the product produced in Detroit will be delivered to warehouses, satisfying client demand in all three cities. Atlanta will have 40 automobiles in the warehouse that are surplus to requirements if production is at the desired rate of 100 cars per week. Finding new consumers for the additional 40 cars is preferable to producing only 60 cars in Atlanta.
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in discussing tariff protection for american industries, which aspect of the production did the platform emphasize? whose political support was being courted?
The Democrat-led effort to lower tariffs on imported goods, which Republicans argued were necessary to protect American industries from foreign competition.
A tariff is a government-imposed tax on goods and services imported from other countries that serve to raise the price and make imports less desirable, or at least less competitive, in comparison to domestic goods and services.Tariffs give locally produced goods a price advantage over similar imported goods, and they raise revenue for governments.
Tariffs are intended to protect domestic industries by increasing the cost of imports and driving consumers to domestic producers. Unfair business practices Some tariffs are intended to counteract specific measures implemented by foreign countries or businesses.
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Complete the first row of the table with the quantity of burritos that can be bought with $700. Hint: In this problem, assume it is not possible to buy a fraction of a burrito, and always round down to the nearest whole burrito. For example, if your calculations result in 1.5 burritos, the answer should be 1 burrito. Price of a Burrito Burritos Bought with $700 Year (Dollars) (Quantity) 2018 4.00 ________
2019 ____ ________
Suppose the government of Snackistan cannot raise sufficient tax revenue to pay its debts. In order to meet its debt obligations, the government prints money. As a result, the money supply rises by 20% by 2019. Assuming monetary neutrality holds, complete the second row of the table with the new price of a burrito and the new quantity of burritos that can be bought with $700 in 2019. The impact of the government's decision to raise revenue by printing money on the value of money is known as the
Yes, "printing" additional money causes inflationary pressure. When there is more money flowing around in the economy, economic growth is more likely to take place at the risk of price volatility.
What might occur if the government prints an excessive amount of money?When the government prints an excessive amount of money, people who make their living by selling things raise the prices they charge for their products, services, and labor. As a result, the newly created currency loses value and purchasing power. In reality, money actually starts to depreciate if the government issues too much of it.
In a fictitious nation, only burritos are made.
The cost of a burrito in 2018= $4
The amount of burritos that may be purchased in 2018 with $700= 700/4 =175
As a result, in the year 2018, $700 can be used to buy 175 burritos.
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on march 1st, jones corporation purchased 1,000 shares of previously issued common stock, paying $2 per share. what is the journal entry to record the purchase?
journal entry to record the purchase is $500 on 1,000 shares of previously issued common stock.
What Do Stocks Mean?A stock, often known as equity, is a financial instrument that indicates ownership of a share of the issuing corporation. In accordance with the number of shares they own, owners of shares, which are units of stock, are entitled to a portion of the company's assets and revenue. Stocks are typically bought and sold on stock exchanges, where they form the core of the portfolios of many individual investors. When trading stocks, one must abide by laws designed to protect investors from deceptive practices.
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the trading of futures contracts in major currencies and offering price transparency and efficiency in addition to elimination of counterparty risk due to guaranteed payments on contracts is called .
Trading of futures contracts in major currencies and offering price transparency and efficiency in addition to elimination of counterparty risk due to guaranteed payments on contracts is called Organized exchange.
Organized exchange is securities marketplace where purchasers and sellers regularly gather to trade securities by following the set norms adopted by the exchange.
Organized stock exchanges are used by the companies to raise capital and investors to make informed decisions using real-time price information. Their can be many platform for organized Exchanges like physical location or an electronic trading platform.
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a manufacturer is contemplating a switch from buying to producing a certain item. setup cost would be the same as ordering cost. the production rate would be about double the usage rate. compared to the eoq, the maximum inventory would be approximately:
A manufacturer is someone who uses a variety of tools, equipment, and processes to produce a finished product from raw materials and sells the goods to consumers, wholesalers, distributors, retailers, or those who manufacture new products from raw materials. A person or company that sells to other manufacturers. material or component.
Manufacturers of Complex Goods Manufacturers are companies involved in the production of finished goods from raw materials. A manufacturer can be either an individual or a registered company. Traditionally, he initiates the supply chain for all products and distributes them to wholesalers or retailers as the case may be.
Manufacturing activities include making new products from raw materials or by assembling various components by physical, chemical or mechanical means. Manufacturing items such as phones, cars, computers, and food and beverages can be done on a large scale.
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question content area top part 1 dynamic software, inc. invests excess cash of $100,000 in corporate bonds on march 30, 2025. the bonds mature 20 years from the date of purchase. dynamic plans to hold the bonds until maturity and has the ability to do so. how does the march 30, 2025 transaction affect the accounting equation?
Total assets will remain unchanged by this the march 30, 2025 transaction affect the accounting equation.
An asset is anything that has current or future economic value to an enterprise. Essentially, business assets include anything that a business controls and owns that has the potential to generate present value or future economic profit. Examples include patents, machines, and investments.
A business asset is an item of value owned by a company. Business assets fall into many categories. This includes physical and tangible items such as vehicles, real estate, computers, office furniture, and other equipment, or intangible items such as intellectual property.
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Firm A has a higher marginal cost than firm B. They compete in a homogeneous product Cournot duopoly. Which of the following results will NOT occur? Multiple Choice Revenue of firm A< a. Revenue of firm B b. PriceA < Prices c. д < Qв d. ProfitA < Profit
Firm A has a higher marginal cost than firm B. They compete in a homogeneous product Cournot duopoly than ProfitA < ProfitB.
What exactly is profit?Profit is the amount of money you have after covering business expenses. Gross, operational, and net profits are the three basic categories of profit. The largest is gross profit. It displays the amount of money that was left over after paying for the sold goods and services. As an illustration, a kid at a lemonade stand pays a quarter to make one cup of lemonade. She later sells the beverage for $2. Her earnings from the cup of lemonade total $1.75.
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A strategy of setting prices based on how customers develop their perceptions of value can often be the most effective pricing strategy, especially if the strategy
Select one:
a. leads the marketer to being the low-cost seller.
b. challenges consumers to discard their perceptions of value.
c. is measured against the competition.
d. is consistent with a competitive target return strategy.
e. is supported by consistent advertising and distribution strategies.
Answer: e
The plan is supported by consistent marketing and distribution strategies.
Which of the following pricing tactics puts the customer's needs first?Value pricing, which usually takes into account external factors, focuses on the perceived value of your good or service. It asks you to take into consideration less easily quantifiable elements while considering how and how much clients will benefit from what you're selling.
Which pricing plan or technique will assist a business improve its earnings the most?Price Maximization A price maximization method looks to set prices that will bring in the most money for the business. finding out how to reduce these costs after calculating the fixed and variable charges a business will face.
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If a bank receiving a new deposit of $200,000 would be able, as a result, to increase their lending by at most $120,000, then the reserve requirement equals: 04%. O 25% 040% 050%
If a bank receiving a new deposit of $200,000 and lends $120,000, the reserve requirement is 40% (third option).
What is the reserve requirement?When a person deposits money in a bank, part of the money is lent out and the other part is kept as reserves. The amount kept as reserves id dependent on the reserve requirement.
The reserve requirement is the percentage of deposits that is kept as reserves with the Central Bank.
Reserve requirement = (reserves / deposit) x 100
Reserves = amount deposited - amount that is lent out
Reserves = $200,000 - $120,000 = $80,000
Reserve requirement = ($80,000 / $200,000) x 100 = 40%
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the stock of supergro inc. is expected to grow at an annual rate of 28% for the next 2 years, after which growth will return to the normal constant growth rate of 8%. if the last dividend paid (that is, d0) was $2.00 and the required rate of return on stocks of this risk class is 16%, what is the price of the stock today?
The price of the stock of Supergro inc. today is $37.52
The dividend discount model is based on the idea that the intrinsic value of a stock is derived from its stream of future dividends. Accordingly, the model prices a stock to the present value of future dividends discounted at the required return on the stock.
According to the dividend discount model, the price of the stock is discounted present value of future dividends. The dividend for the next two years is:
year 1: 2*(1 + 28%) = 2.56
year 2: 2.56 * (1 + 28%) = 3.28
After year 2, the dividend grows at a constant rate of 8%. Given a discount rate of 16%, the present value of future dividends is:
[tex]\displaystyle \frac{2.56}{(1 + 16\%)} + \frac{3.28}{(1 + 16\%)^2} + \sum_{t=3}^{\infty}{\frac{3.28*(1 + 8\%)^{t-2}}{(1 + 16\%)^t}}\\ = \displaystyle 2.21 + 2.44 + \frac{3.28*(1 + 8\%)}{(16\% - 8\%)(1 + 16\%)^2}\\ = 4.65 + 32.87\\ = 37.52[/tex]
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r. davis, capital at the beginning of the year was $2,050. rob davis also withdrew $800 from the company during the year. what is the amount of total assets reported on the balance sheet?
Davis Company has the following accounts and balances at the end of the year:
Cash, $1,200Accounts Receivable, $280Office Equipment, $3,000Accounts Payable, $1,400Income from Services, $3,500Rent Expense, $670Salaries Expense, $1,000Your assets include certain items such as cash inventory assets and equipment as well as advance payments for securities and monies owed to you by a payor. Total assets are also the sum of total liabilities and total shareholders' funds.
The balance sheet shows the total assets of the company and how the assets are financed either by debt or equity. Also called an asset statement or asset statement. Assets are reported on the company's balance sheet. They are classified as short-term fixed financial and intangible.
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supplementary information (si) not necessary for the audited financial statements to be fairly presented is presented with those statements. an auditor engaged to report on the si has what responsibility for subsequent events related to si?
It is the responsibility of an auditor hired to report on the (si) to provide written representations for subsequent events involving supplementary information.
The auditor's job entails scrutinizing a company's financial documents to ensure they are accurate and in accordance with the law. Auditors examine the financial statements of businesses and other organizations to ensure that they are accurate and in compliance with the law.
An audit's purpose is to express an opinion on whether the financial statements are fairly presented in accordance with appropriate accounting principles.Auditors are finance professionals who check the accuracy of accounting records and other financial documents.
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suppose you bought a call option with a strike price of $35 for $4. what would be your profit if the underlying stock is worth $48 at option expiration?
You bought a call option with a strike price of $35 for $4. if the underlying stock is worth $48 at option expiration, profit would be 15700%.
The option contract has no inherent value and is in the money when the stock price reaches the strike price. Therefore, since the contract may be purchased on the market for the same amount, there is really no need for exercising it. The option contract expires worthless since it is not exercised. A trader with a high risk tolerance could select a strike price above the stock price, whereas a very conservative investor might choose a call option with a strike price at or below the stock price. Similar to the above, a put option with a strike price at or above the stock price is less risky than one with a strike price below the stock price. The right to purchase the contract's underlying asset gives the holder of a call option the upper hand, therefore the lower the strike price, the more valuable the call option should be.
Based on the given conditions formulate:
[tex]48*4-35[/tex]
Calculate: [tex]48*4-35=157[/tex]
Convert to percentage: [tex]157*100=15700[/tex]%
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which of the following can reduce the incentive of business partners to hold up a company when the company has made relationship-specific investments? a long-term relationship based on trust exists between the partners and the company. a high level of market power is held by the business partners. the greater the level of relationship-specific investments, the lower the incentive for the partners to hold-up. the more the company relies on the business partner, the lower the incentive for the partners to hold-up.
When a corporation had invested in a particular connection, the high degree of market power owned by the business associates may lessen their incentive to support it.
What investment has the highest return?This stock market of the United States is thought to provide the best long-term investment returns. However, larger gains come with a higher risk. Bond rates tend to be less volatile than stock prices. Asset values are more erratic during shorter time periods than they are over longer ones.
Is Bitcoin a good investment?A most valuable currency by market capitalization, bitcoin, is a volatile and dangerous investment. It is only taken into consideration if you possess a high level of risk tolerance, strong financial standing, and are ready to lose any cash you invest.
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john, your group’s informal leader, doesn’t trust alicia, the group’s communications manager. john feels alicia tends to overemphasize her own beliefs in group documents, and alicia believes john is micromanaging the team. this is a classic case of .
As John feels alicia tends to overemphasize her own beliefs in group documents and alicia believes john is micromanaging the team, this is a classic case of a personality clash.
What is a personality clash?Basically, a personality clash refers to an occurrences when two (or more) people find themselves in conflict not over a particular issue or incident but due to a fundamental incompatibility in their personalities, their approaches to things or their style of life.
Most time, a personality clash does occur in work-related, school-related, family-related, or social situations.
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The objective of aggregate planning is to meet forecast demand while ________ over the planning period.
Generally, the goal of aggregate planning is to satisfy anticipated demand while balancing employment and reducing inventory levels over the planning period.
What is aggregate planning?Aggregate planning is a marketing activity that creates a manufacturing process plan in advance of 6 to 18 months to provide management a general sense of how much inventory and other resources will need to be purchased and when, hence lowering the organization's overall operating costs during that time. The amount of outsourcing, subcontracting, overtime work, hiring and firing personnel for each period, and the quantity of inventory to be kept on hand and backlogged for each period are all determined. These actions are all carried out in accordance with the company's ethics, policies, and long-term commitment to the local community, society, and operating nation.
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identify the features of affirmative action. (check all that apply.) multiple select question. it is the intentional exclusion of historically dominant groups. it can take place in employment environments, education, or other arenas. it can take place only in political arenas. it is the intentional inclusion of previously excluded groups.
The features of affirmative action are that it can take place in employment environments, education, or other arenas. It is the intentional inclusion of previously excluded groups.
Affirmative action is a collection of laws, initiatives, and practices that grant women and people of color some perks in the workplace, in college admissions, in government contracting, and in other areas of society. Government officials originally put it into place in an effort to combat the impacts of widespread prejudice against these groups.
Programs for training, outreach initiatives, and other constructive acts are examples of affirmative action. The company's formal written personnel policy has to include these processes. Employers who have developed affirmative action policies must put them into practice, maintain them, and update them annually.
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