In industrial economies, manufacturing means that the processing of raw materials into finished products and goods.
The term manufacturing refers to the processing of parts and raw materials into finished products and goods through the use of human labor, machinery, tools, and chemical processing. Manufacturing enables businesses to sell finished products and goods at a higher cost compared to the value of the raw materials used.
Thus, in the context of industrial economies, manufacturing implies the concept of processing raw materials into final products and goods.
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van was asked to analyze businesses by classifying them as winners, losers, question marks, average businesses, and profit producers. he was most likely using the .
Van was asked to analyze businesses by classifying them as winners, losers, question marks, average businesses, and profit producers. he was most likely using the GE Business Screen
This element has to do with how quickly the business unit can turn a profit in the sector. Consider the company's potential for long-term growth, the size and profitability of the industry, entry and exit barriers, etc. when assessing it along this dimension. Assess any other environmental variables that might affect an industry's attractiveness, such as the influence of suppliers and buyers.Additionally, think about the price, labor needs, and evolution of your good or service. Focusing on the far future, it is crucial to take into account all these factors. This is because investing calls for a long-term commitment as opposed to a short-term one.This matrix's vertical axis, labeled "Industry Attractiveness," is split into three categories: high, medium, and low. The potential for profit is represented by an industry's attractiveness.
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2.discuss the features of enterprise-wide resource planning systems in global operations. elaborate on the functionality of vendor information in light of order winners and qualifiers.
Enterprise resource planning (ERP) software discuss the features of enterprise-wide resource planning systems in global operations.
How does enterprise resource planning work?
The capacity to provide an integrated suite of business software is referred to as enterprise resource planning (ERP).
Finance, HR, distribution, manufacturing, service, and supply chain activities are just a few examples of the extensive and intricate operational end-to-end processes that are covered by the common process and data model shared by ERP solutions.
What is an ERP example of enterprise resource planning?
For instance, in the supply chain sector, an ERP system may automatically do a financial analysis and forecast future stock requirements to maintain a healthy level of inventory.
The production division operates at peak efficiency thanks to this process control, which also guarantees that popular products are always available.
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When Brad John, one of the owners of Flight001, asks employees what products are selling and what ideas they have, he is increasing ______
According to a statement made by one of Flight001's founders, Brad John, he is increasing the authority that individuals want to create their own judgments.
What do you call a worker?A person engaged by a boss to do a certain task is known as an employee. Businesses are in terms of determining how much an employee is paid, when they work, and how they work. Workers pay perks that subcontractors do not in return.
What kind of worker is that?Staff aspect refers to the many categories of workers that a company may employ directly or through third parties. There are many different types of employees, such full-time, piece, and temporary foreign workers, and there are laws and rules that are relevant to each.
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In mapping a total compensation strategy, the question of how is compensation in the overall HR strategy is part of the objectives. True or False
The topic of how pay fits into the whole HR strategy is one of the objectives when mapping a complete compensation plan.
What does compensation look like?The components of compensation include salary, leave time, health benefits, and bonuses. It also provides other benefits like a corporate car, free parking, complimentary or discounted meals, travel expenses, etc.
What does business compensation entail?Management can employ compensation for a number of things to support the company's continued existence. Compensation may be changed in accordance with the demands, objectives, and resources of the company. Payment could be used to hire and keep talented workers.
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The complete question is-
In mapping a total compensation strategy, the question of how is compensation in the overall HR strategy is part of _____.
A. objectives
B. internal alignment
C. external competitiveness
D. management
8) In 2011 the United States economy had a GDP of $14,991 billion according to the United Nations. If consumption was $10,729 billion, government spending was $2,594 billion, and net exports was -$568 billion, how much was investment spending?
The investment spending I is given as $2,236 billion.
What is investment spending?Capital items, or products utilized in the creation of capital, goods, or services, are purchased using this money. Spending on investments may involve the acquisition of equipment, real estate, supplies used in manufacturing, or infrastructure.
How to solve for investment spendingThe formula is given as: I = GDP − C − G − NX.
We have to fill in the values using the data we have from the question
$14,991 - $10,729 - $2,594 - -$568
Investment spending is given as $2,236 billion.
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lincoln enterprises recently fired two employees who were caught stealing tools from the firm's warehouse. as a result, the ceo of lincoln wants to strengthen the firm's ethical culture and prevent future violations by requiring employees to participate in ethics training programs. which of the following most likely undermines the ceo's idea? group of answer choices competitors of lincoln enterprises provide regular ethics training programs to managers and employees. middle managers at lincoln regularly receive reports of questionable employee behavior. senior managers at lincoln indicate that valuable work time would be lost with a training program. since lincoln enterprises is a global firm, the training program would need to be translated.
The CEO's plan would probably be undermined if someone said, "Senior management at Lincoln indicate that precious work time will be wasted with a training program."
What is a training program?An employee's knowledge, skills, and talents can be improved through a training program, which is a collection of organized activities. It can include a variety of subjects, including technical expertise, leadership development, client relations, and safety protocols. There are several ways that training programmes may be given, including in-person instruction, online courses, on-the-job training, and mentoring. An organization's objectives are achieved and staff performance is improved through training program, which also increase production. Training program may be provided by the business or a third party and can be either required or optional.
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economies of scale, absolute cost advantages, high capital requirements, and limited access to channels of distribution give incumbent firms an advantage over new entrants to an industry. [see pp.70-71]
Economies of scale, absolute cost advantages, high capital requirements, and limited access to channels of distribution give incumbent firms an advantage over new entrants to an industry - True
Economies of scale refer to the notion that the cost of producing each unit of a product lowers as the amount produced in a given time period increases. It relates to the cost advantages a business experiences as output rises. The ability of a company to create items at a lower cost than its rivals is referred to as an absolute cost advantage.
High capital needs describe the significant sum of money required to launch and run a business in a specific industry. Limited access to distribution channels describes the challenges that new businesses may face in putting their products to market. When these elements come into play, it may be challenging for new businesses to enter and compete in a market with long-standing incumbent companies.
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ou recently had an accident on the job. some equipment fell on you causing a serious injury, and your medical bills alone are likely to be over $85,000. you claim an outside vendor who was working on the equipment that day created the problem that caused the injury, and you want to sue. you live and work in texas, and the outside vendor is a resident of oklahoma.
Either a federal courts or a state court should hear your case.
Federal courts review matters involving the legality of legislation, laws and treaties drafted by American ambassadors and public ministers, disagreements between two or more states, admiralty law, often known as maritime law, and bankruptcy proceedings. State courts are established by state legislation and are endowed with broad power. These courts can hear a variety of situations, including criminal charges and family law conflicts. As opposed to state courts, which are formed in accordance with the U.S. Constitution, federal courts have far more limited authority. Federal courts resolve conflicts concerning the U.S. Constitution, federal legislation, conflicts between states, and conflicts involving more than $75,000 between residents of separate states.
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You recently had an accident on the job. Some equipment fell on you causing a serious injury, and your medical bills alone are likely to be over $85,000. You claim an outside vendor who was working on the equipment that day created the problem that caused the injury, and you want to sue. You live and work in Texas, and the outside vendor is a resident of Oklahoma. Where do you think you should file the lawsuit?
*SEO and SEM are key tech industry acronyms that have become vital parts of the accounting professionalâs operating toolkit. True or False
It is false that SEO and SEM are important technology industry acronyms that have become a vital part of an accountant's operating toolkit.
What does accounting professional mean?The term accountant refers to a professional who performs accounting functions such as account analysis, auditing, or financial statement analysis. CPA works with accounting firms or internal accounting departments of large companies.
Accountants support corporate strategy, advising and helping businesses reduce costs, improve profitability, and mitigate risk. As directors, accountants represent the interests of company owners (that is, shareholders of public companies).
What types of accounting profession are there?There are following types of accounting jobs: Management Accountant.. Investment Accountant. Staff Accountant. Project Accountants. Forensic Accountant. Certified Public Accountant. Cost Accountant. Auditor
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Claire Corporation is planning to issue bonds with a face value of $110,000 and a coupon rate of 6 percent. The bonds mature in two years and pay interest quarterly every March 31, June 30, September 30, and December 31. All of the bonds were sold on January 1 of this year. Claire uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1)
1. Provide the journal entry to record the issuance of the bonds.
2. Provide the journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year.
3. What bonds payable amount will Claire report on this year’s December 31 balance sheet?
Debit: Cash (102,160) Credit: Bonds Payable (110,000) Credit: Discount on Bonds Payable (7,840) for the issuance of the bond, Debit: Interest Expense (330) Credit: Cash (330) for interest payment and Bonds Payable of 110,000 will be reported on this year's December 31 balance sheet.
The journal entry to record the issuance of the bonds would be: Debit: Cash (110,000 x (1 - (8/100)*(2/12)) = 102,160) Credit: Bonds Payable (110,000)Credit: Discount on Bonds Payable (110,000 - 102,160 = 7,840)
The journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year would be:Debit: Interest Expense (110,000 x 6/100 x 1/4 = 330)Credit: Cash (330)
On this year's December 31 balance sheet, Claire will report Bonds Payable of 110,000.
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dividends in arrears on the preferred stock amount to $25,000. if biotin were to be liquidated, the preferred stockholders would receive par value plus a premium of $50,000. the book value per share of common stock is
On the balance sheet, arrear dividends are shown as a current liability. A business owns preferred stock that is cumulative and pays annual dividends of $20,000 on it. For the past two years, the dividends have been late.
How are dividends in arrears calculated?By dividing the annual payment by four, you may get the quarterly estimated payment. Finally, multiply the estimated quarterly dividend payment by the quantity of overdue payments to determine the total amount of dividends. Prior to issuing dividends to common investors, this sum must be paid out.
What format should be used to report cumulative preferred dividends in arrears?However, the dividends paid on cumulative preferred stock in arrears are disclosed in the footnotes to the balance statement, and they frequently have a justification.
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Of the following firms, which would most likely derive the greatest benefit from use of an activity based costing system for allocating overhead? A. A firm that produces three types of products that require regular design adjustments and are manufactured using equipment that needs frequent maintenance and reengineering. b. A firm that produces two types of products, each of which is entirely manufactured by hand. C. A firm that produces one type of product using fully automated equipment that requires minimal maintenance or reengineering. D. A firm that produces four types of products using equipment that requires little maintenance or updating but nearly constant operation by skilled employees.
The correct response is b) A firm that produces four types of products, each of which is primarily manufactured by hand.
A firm is a for-profit business entity that offers expert services, such as a corporation, limited liability company (LLC), or partnership. Most companies only have one physical location. When you say that someone is firm, you're implying that they act in a way that makes it clear that they won't back down or that they are in charge. She needed to be firm with him. A single proprietorship, partnership, limited liability company, or corporation are examples of businesses. The phrase is a little more frequently connected to a partnership. A company, such as a corporation, is a business organization that manufactures and sells products and services with the intention of bringing in money and turning a profit.
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Of the following firms, which would most likely derive the greatest benefit from the use of a traditional costing system that allocates overhead based on direct labor hours?
a) A firm that produces three types of products that require regular design adjustments and are manufactured using equipment that needs frequent maintenance and reengineering
b) A firm that produces four types of products, each of which is primarily manufactured by hand
c) A firm that produces three types of products using fully automated, dedicated production lines that require minimal maintenance or reengineering
d) A firm that produces four types of products using equipment that requires little maintenance or updating but occasional employee monitoring
during 200x, papa company sold inventory, which cost it $18,000, to its subsidiary, sonnyco, for $27,000. at the end of 200x, sonnyco had $9,000 of the intercompany goods still on its books. the balance had been resold to unaffiliated customers for $24,000. which one of the following is the amount of intercompany sales that should be eliminated for 200x consolidated statements?
For 200x consolidated statements, $27,000 should be subtracted from intercompany sales. Inventory was sold by Papa Company to its subsidiary, Sonnyco, for $27,000 during 200x. Since this is an intercompany sale, double counting should be avoided by removing it from the consolidated statements.
Sonnyco still held $9,000 of the intercompany items on its books at the end of 200x, indicating that they had not yet been sold to non-affiliated consumers. The remaining amount has been resold to unrelated clients for $24,000. Even if Sonnyco resold it to unrelated clients for $24,000, the $27,000 is the amount that should be deleted since intercompany sales for 200x consolidated statements should be erased. As a result, there is no longer a double counting of revenues, and the consolidated company's financial image is more accurate.
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When entering an Available Date prior to the Start Date on the Rent Roll tab, AE assumes_______________________________.The space is occupied until the Start Date.The space is available, but vacant until the Start Date.The space does not exist until the Start Date.None of the Above
If you enter an availability date before the start date on Rent Roll tab, AE assumes the space is available, but vacant until the start date.
What does rent roll mean?By definition, a rent roll is a useful management tool that provides details about the property, displays legally required lease information, and helps landlords track contract start and end dates, rental income per property, and even annual growth.
Is a rent roll an asset?A rent roll is a liquid asset that can be traded in whole or in part. There is a standardized method of valuing leases based on a multiplier of net recurring income from property management.
How to create a rent roll?Effective Marketing Strategies for Property Managers to boost Rent Roll include: Conduct market research on an ongoing basis. Listen to conversations on social media. Understand different customer types. Create a marketing strategy for your agency. Regularly publish case studies to show potential clients.
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Depository institutions (Dis) play an important role in the transmission of monetary policy from the Federal Reserve to the rest of the economy because A. U.S. Dls compete with foreign financial institutions. B. loans to corporations are part of the money supply. C. bank and thrift loans are tightly regulated. D. thrifts provide a large amount of credit to finance residential real estate. E. DI deposits are a major portion of the money supply.
(b)loans to corporations are part of the money supply depository institutions (Dis) play an important role in the transmission of monetary policy from the Federal Reserve to the rest of the economy because
The Federal Reserve Board can involve directly the commercial banks in the implementation of monetary policy through changes in the reserve requirements and the discount rate.A Federal Reserve open market sale decreases the money supply.The Fed engages in open market operations very frequently and with great effect. Open market operations are the primary way that the Fed tries to change the money supply.The Fed has traditionally used three tools to conduct monetary policy reserve requirements, the discount rate.To increase the growth of the money supply,the Fed could either buy bonds,lower the reserve requirement ratio,or lower the discount rate.To decrease the growth of the money supply,the Fed could either sell bonds,raise the reserve requirement ratio, or raise the discount rate.
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in october 2015, hurricane joaquin caused massive destruction to north and south carolina, new york, and florida. catastrophic flooding occurred, with 25 deaths, hundreds of people requiring rescue, and estimated damage costs of $12 billion. even those who were not directly affected by the destruction were hurt because businesses and jobs dried up.
The answer is Increased government spending in the affected areas will encourage other people to spend more.
In the United States, Maryland, New Jersey, North Carolina, South Carolina and Virginia declared states of emergency last week while New York, Pennsylvania and all other states prepared for the hurricane.
South Carolina was hardest hit by "firehose" moisture from the Atlantic Ocean, bringing precipitation at 3 inches per hour and causing flash flooding. Some of moisture came from Hurricane Joaquin, that is the eye of which passed west of Bermuda last night with 100 winds blowing at 1500 mph. Parts of South Carolina rained over 20 inches last night.
According to the South Carolina Department of Natural Resources, previous notable flooding occurred in 1999, 1990, 1908, and 1903 from heavy rains.
Question:
In October 2015, Hurricane Joaquin caused massive destruction to North and South Carolina, New York, and Florida. Catastrophic flooding occurred, with 25 deaths, hundreds of people requiring rescue, and estimated damage costs of $12 billion. Even those who were not directly affected by the destruction were hurt because businesses and jobs dried up.
Which principle of economy-wide interaction explains how government intervention can help in this situation?
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A defendant was indicted for engaging in a fraudulent investment scheme. At the criminal trial, the prosecutor called a witness who had participated in the scheme with the defendant. The witness testified about the operation of the scheme and was cross-examined by the defendant's attorney. The case resulted in a mistrial. An investor who was allegedly defrauded by the scheme has now brought a civil action against the defendant. She seeks to introduce the witness's testimony from the criminal trial. The witness has moved to a foreign country.
Is the witness's testimony in the criminal trial admissible in the civil action?
Yes, since it is previous testimony from a declarant who is unavailable. The circumstances of its admissibility and evidence of hearsay.
What are the Admissibility and Evidence?able to be accepted or conceded: permissible. evidence that can be used in court: capable or deserving of admission. able to enter the university admissibility.
If it logically contributes to proving or disproving a fact at issue in the prosecution, then the evidence is relevant. It is admissible if it was properly obtained, relates to the facts at issue, or to circumstances that make those facts probable or improbable.
The four types of evidence you should be aware of are outlined below.
True Evidence Real evidence is physical evidence that is directly related to the facts of the case.Statements of Testimonial hearsay is another name for testimonial statements.Evidence that Shows.Documentary Support.There are four fundamental criteria outlined in Daubert's and its successors' criteria. These are a known or potentially known rate of error, established standards governing the operation and accuracy of the technique, general acceptability, and the procedure's testability.
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Cone Corporation is in the process of preparing its December 31, 2021, balance sheet. There are some questions as to the proper classification of the following items:
$50,000 in cash restricted in a savings account to pay bonds payable. The bonds mature in 2025.
Prepaid rent of $24,000, covering the period January 1, 2022, through December 31, 2023.
Notes payable of $200,000. The notes are payable in annual installments of $20,000 each, with the first installment payable on March 1, 2022.
Accrued interest payable of $12,000 related to the notes payable.
Investment in equity securities of other corporations, $80,000. Cone intends to sell one-half of the securities in 2022.
$50,000 in cash restricted in a savings account to pay bonds payable: This amount would likely be classified as a long-term liability on the balance sheet, as it is being set aside to pay off bonds that do not mature until 2025.
What are the classification of given items?Prepaid rent of $24,000: This amount would likely be classified as a current asset on the balance sheet, as it represents an advance payment for a service that will be received in the future.Notes payable of $200,000: This amount would likely be classified as a long-term liability on the balance sheet, as the notes are payable in annual installments over a period of multiple years.Accrued interest payable of $12,000: This amount would likely be classified as a current liability on the balance sheet, as it represents interest that has been earned but not yet paid on the notes payable.Investment in equity securities of other corporations, $80,000: This amount would likely be classified as a long-term asset on the balance sheet, as it represents an investment that Cone intends to hold for an extended period of time. However, if Cone intends to sell one-half of the securities in 2022, it can be classified as short-term assets.To learn more about balance sheet refer:
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$50,000 in cash restricted in a savings account to pay bonds payable: This amount would likely be classified as a long-term liability on the balance sheet, as it is being set aside to pay off bonds that do not mature until 2025.
What are the classification of given items?
Prepaid rent of $24,000: This amount would likely be classified as a current asset on the balance sheet, as it represents an advance payment for a service that will be received in the future. Notes payable of $200,000: This amount would likely be classified as a long-term liability on the balance sheet, as the notes are payable in annual installments over a period of multiple years. Accrued interest payable of $12,000: This amount would likely be classified as a current liability on the balance sheet, as it represents interest that has been earned but not yet paid on the notes payable. Investment in equity securities of other corporations, $80,000: This amount would likely be classified as a long-term asset on the balance sheet, as it represents an investment that Cone intends to hold for an extended period of time.
However, if Cone intends to sell one-half of the securities in 2022, it can be classified as short-term assets.
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The current account includes which of the following? I. payment s for good s and services II. transfer payments III. factor income A. I only B. II only C. III only D. I and II only E. I, II, and III
Transfer payments, factor income, and payments for products and services are all included in the current account.
What is payment?A payment is made by one party to another voluntarily in exchange for products or services they have delivered or to satisfy a legal obligation. It can take the form of cash, its equivalent, or other valuables. Payer and payee are terms used to refer to the parties who send and receive payments, respectively. The exchange of money, products, or services for goods and services in reasonable amounts that have been previously agreed upon by all parties is known as payment. A payment can be made using cryptocurrency, cash, checks, credit cards, debit cards, or the exchange of services. It can also be made using wire transfers, checks, and cash.To learn more about payment, refer to:
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Mighty Green, a residential lawn chemical manufacturer, is committed to gaining market share in it's industry. Mighty Green:
Mighty Green, a manufacturer of home lawn chemicals, is striving for market share in the industry. Mighty Green has the potential to increase the level of competitiveness within the industry.
What are chemical manufacturers doing?The chemical manufacturing subsector is part of the manufacturing sector. It is based on the transformation of organic and inorganic raw materials into product formulations through chemical processes.
Example of a chemical manufacturing include: plastics, detergents, cosmetics, paints and varnishes, electronics, automotive and building materials.
Who are the largest chemical manufacturers?The world's largest chemical company is China Petroleum & Chemical Corporation, with a turnover of his US$424,837 million. As of 2021, the market size of the global chemical industry is US$595.3 billion. Over 10 million new compounds are created each year.
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all of the following are potential examples of hidden unemployment, except: select the correct answer below: someone who has found part-time work but is looking for full-time work someone with a graduate degree who is working as a waiter someone who has a full-time job but wants to look for a job with more upward mobility someone who is so discouraged by unemployment that she stops looking for work
Someone who has a full-time job but wants to look for a job with more upward mobility Hidden unemployment covers people who are mislabeled as employed, unemployed. This would be the correct answer.
What is Hidden unemployment?
People who are unemployed but are not counted in official unemployment statistics are said to be experiencing hidden unemployment. The phrase also refers to underemployed individuals. Official unemployment statistics frequently only count those without a job who are actively looking for one.
We frequently use the terms "disguised unemployment" and "hidden unemployment" interchangeably.
Those with advanced degrees who are underemployed also hold low-wage occupations. The number of underemployed people also includes part-time employees who want full-time employment. Underemployment is a form of hidden employment.
People who are willing to work but are unable to do so are said to be involuntarily unemployed
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Which of the following statements is most accurate about ownership of household goods, such as flush toilets, refrigerators, televisions, clothes dryers and automobiles?
a. In 2005, very few "officially poor" Americans owned these goods.
b. The same proportion of Americans who were officially poor owned these goods in 2005 in comparison to 1950. The proportion of officially poor Americans who owned these goods in 2005 was equal to the proportion of all households who owned these goods in 1950.
c. A higher proportion of "poor" Americans owned these goods in 2005 compared to the proportion of all U.S. households who owned these goods in 1950.
d. The proportion of Americans at the poverty level who owned these goods in 2005 was exactly double the proportion of all households who owned these goods in 1950.
b. The same proportion of Americans who were officially poor owned these goods in 2005 in comparison to 1950.
The proportion of officially poor Americans who owned these goods in 2005 was equal to the proportion of all households who owned these goods in 1950. Even in the early 1980s, official estimates of poverty, which were around 45% in the early 1950s, remained constant. India's economy has grown at one of the world's quickest rates since the 1980s.
Since 1980, the U.S. has seen a growth in income inequality, which is now higher than in comparable nations. There are various ways to quantify income disparity, but regardless of the method, wealth inequality in the United States is thought to be increasing.
The United States has greater income and wealth disparity than almost any developed nation, and this inequality is growing. Racial disparities in wealth and income are significant, which many analysts ascribe to the nation's history of slavery and racist financial practices.
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Therefore option C is correct choice.
In 2005 and 1950, the same percentage of Americans who were classified as being in poverty had these items.
In 2005, the percentage of Americans who were classified as being in poverty was identical to the percentage of all families in 1950. Official estimates of poverty, which were approximately 45% in the early 1950s, were steady even in the early 1980s. Since the 1980s, India's economy has expanded at one of the fastest rates in the world.
Income inequality in the United States has increased since 1980 and is currently greater than in similar countries. There are several ways to measure income inequality, but regardless of the approach, it is believed that wealth inequality in the United States is rising.
The income and wealth discrepancy in the United States is bigger than that of nearly any other industrialised country, and it is only becoming worse. Significant racial wealth and income gaps exist, which many observers attribute to the country's past involvement with slavery and discriminatory financial practises.
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the slogan just do it, along with the swoosh symbol on its shoes, are elements that help to identify nike's ____ from that of competitors.
It helps them to identify Nike's brand.
What does the swoosh font from Nike mean?This font represents traits like initiative and effectiveness. After 1995, Nike got rid of the corporate name from the logo. The sole representative of the corporation in the company logo was the Nike Swoosh. To express a brand statement, a designer carefully chooses a variety of materials, including typeface, colors, graphics, and others.
Nike stopped using the Swoosh when?Up until 1995, the word "Nike" was written above the emblem in Futura Bold. In 1995, the "Nike" brand name was taken out of the emblem. The sole remaining component of the emblem, the swoosh, serves as the company's unique identity.
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the four ps make up the marketing mix, which is the set of activities that the firm uses to respond to the wants and needs of its target markets.
The four Ps make up the marketing mix, which is the controllable set of activities that the firm uses to respond to the wants and needs of its target markets.
In economic and business, Marketing generally can be defined as the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. One type of marketing is marketing mix. Marketing mix can be defined as a foundation model for businesses, historically centered around product, price, place, and promotion.
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when businesses employ social networking as part of their culture, employees should take which of the following steps? (choose every correct answer.)
Understand the company's social media policies and guidelines. Understand the company's overall communication strategy. Understand how to use the specific social media platforms the company uses.
What is networking?The act of connecting computers, gadgets, and other pieces of equipment to one another in order to exchange resources and information is referred to as networking. This might involve interconnecting devices within a single space, like a house or workplace, or linking devices across spaces, such connecting to the internet or linking many offices. The connections between individuals and organizations, such as those made at networking events and on social networking platforms, are often referred to as networking. Ethernet, Wi-Fi, and the Internet Protocol are just a few examples of the technologies and protocols that may be used for networking (IP).
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One year the postage rate FOR sending 1 ounce of mail first class was increased from 25 cents to 29 cents.
The percent of increase in the 29-cent postage rate was most nearly....
A. 14%
B. 16%
C. 18%
D. 20%
The 29-cent postage rate's percentage rise was most closely $0.29 - $0.25 ($.4) ($.4, 4/25 = (.16 or 16%).
The postage stamp's significance is what?But stamps themselves also convey messages through their use and imagery, outside of their function as communication facilitators. Stamps serve as a functional reminder that the correct amount of payment has been provided for the delivery of a letter. A number of actors use stamps to symbolically convey meaning. In addition to fostering a sense of unity among the country's citizens, a strong postal system provides a crucial foundation for the growth of business and industry. In poor nations with few banking facilities, postal savings and money transfer services are very helpful. Similar to the fundamental reforms of the British system pushed for by Rowland Hill and the Scinde reforms of Bartle Frere, the stamps were necessary to demonstrate that the postage was paid in advance.
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which of the following are indirect costs for the finishing department of a furniture manufacturing plant? (check all that apply.) multiple select question. rent on the manufacturing facility electricity cost for the plant plant manager's salary finishing department manager's salary
The furniture manufacturing facility's finishing department's listed indirect expenses are
The price of electricity for the factory -
The pay for the plant manager
Rent for the manufacturing facility
What do indirect expenses entail?
The costs that are incurred by doing business but may not directly be attributable to a cost of doing business are referred to as indirect costs. These are the kinds of expenses that are difficult to categorise as being covered by a contract, an activity, or based on a specific grant, but they are still important to ensure that the operation of the firm is successful.
The indirect expenses for the business in the finishing section of the furniture production facility would have to be the
The price of electricity for the factory , the pay for the plant manager and rent for the manufacturing facility
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Out of the given choices, the indirect costs for the finishing department of a furniture manufacturing plant include,
Electricity Costs for the facilitySalary for the Plant ManagerManufacturing Plant's Rent.Therefore, the options A, B and C hold true.
The indirect costs can be understood as the costs that are not directly related to the manufacturing of the goods or services, but are necessarily required for smooth operations of the manufacturing plants and facilities. Most expenses, such as the rent, electricity, and salaries are forming part of the indirect costs.
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assume that country a and b are trading partners. if a's currency appreciates in comparison to b's currency. which of the following will be true in this scenario?
It is assumed that country A and country B are trading partners in the given question. The correct option is A. A. Net exports of country A will decrease, and net exports of country B will increase.
If country A’s currency rises in relation to country B’s currency, nation A's net exports will fall while country B's net exports would rise. The correct option is A.
An export occurs when a good or service is created in one country but sold to a customer in another. Exports are one of the most traditional types of economic transfer and occur often between nations.
Exports are crucial to modern economies because they give people and companies access to a wide range of new markets for their products.
In this instance, if the value of currency A increases relative to currency B increases, country A's net exports decrease while country B's net exports increase because country A will purchase more from country B due to the price benefit.
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The question is incomplete, the complete question is
Assume that country A and B are trading partners. If A's currency appreciates in comparison to B's currency. Which of the following will be true in this scenario?
A. Net exports of country A will decrease, and net exports of country B will increase.
B. Net exports of country A will decrease, and net exports of country B will also decrease.
C. Net exports of country A will remain unaffected, and net exports of country B will increase.
D. Net exports of country A will increase, and net exports of country B will remain unaffected.
E. Net exports of country A will increase, and net exports of country B will also increase.
In the given case, it is assumed that country A and country B are trading partners. If A’s currency rises in relation to B’s currency, nation A's net exports will fall while country B's net exports would rise.
If a product or service is produced in one nation but sold to a buyer in another country is referred to as an export. Exports are one of the elderly varieties of economic transfer and take place on a huge scale between countries.
Exports are extremely significant in modern economies because they provide individuals and businesses with many additional markets for their goods.
In this example, f the value of A's currency rises in comparison to the value of B's currency, nation A's net exports decline while country B's net exports grow, as the county A will buy more from the country B due to the price benefit.
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an elimination of nontariff barriers on apples tends to increase apple imports, reduce profits of import-competing apple producers, and generate job losses for domestic apple workers.
Option A. True, the removal of nontariff barriers on apples usually results in an increase in apple imports, a decline in the revenues of apple producers who compete with imports, and job losses for local apple workers.
The relative concentration of bargaining power between foreign exporters and domestic importers determines how an import quota's revenue-generating impact is distributed. Non-tariff trade barriers are ones that impose restrictions on the import or export of goods without the use of tariffs. The World Trade Organization (WTO) categorizes a number of non-tariff trade barriers, such as import licensing, pre-shipment inspections, rules of origin, customs delayers, and other mechanisms that obstruct or limit trade. An import tax, or tariff, can be considered. If the positive terms of trade effect outweighs the negative protection effect and consumption effect, a tariff may improve the welfare of a "big" levying country. Import taxes on steel have a tendency to make domestic automakers more competitive.
An elimination of nontariff barriers on apples tends to increase apple imports, reduce profits of import-competing apple producers, and generate job losses for domestic apple workers.
a. True
b. False
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the graduate management admission test (gmat) is a standardized exam used by many universities as part of the assessment for admission to graduate study in business. the average gmat score is (magoosh website). assume that gmat scores are bell-shaped with a standard deviation of . use the empirical rule to answer the following. a. what percentage of gmat scores are or higher (to decimal)?
Many colleges employ the Graduate Management Admission Test (GMAT), a standardized test, as part of the evaluation process for admission.
What makes me a graduate?
Many colleges employ the Graduate Management Admission Test (GMAT), a standardized exam, as part of the evaluation process for admission. Graduation is a noun that means "a person who has gotten a degree or diploma upon completing a course of study" (pronounce it: [graj-oo-it]). In other words, a graduate is someone who has finished a certain degree of education, such as a doctor who recently finished medical school or a youngster who just finished kindergarten. When you enroll in school full-time, it usually takes between four and five years to finish a bachelor's degree.
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