In an ideal competitive market external benefits are maximized. In economics, the term "competitive market" describes a market where there are many buyers and sellers and where no one buyer or seller has a significant impact on the market.
Competitive markets have many buyers and sellers, few entry barriers, and uniform products. A market with intense competition is one with a competitive market structure. It is also referred to as a completely competitive market because it has lots of customers, uniform products, open entry and exit, etc. A market that is competitive is one in which many manufacturers compete with one another to meet the demands of many consumers.
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If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?.
$1000 What can the money supply alter to the maximum extent if the saving rate is 10% as well as the Fed purchases $100 on the open market
What does buying market share entail?A market purchase occurs when shares are bought and sold on the Exchange and is required to be approved by an ordinary resolution that may either grant a wide authority to buy the company's own assets or may restrict the authorization to shares of a certain class or description.
What does a market order look like?The first 100 shares of a market purchase order for 500 shares will be executed at a price of $20. However, the next 400 will be fulfilled at the highest asking price for share sellers of those 400 shares. The next 400 units may be performed at $22 or above if the share is very lightly traded.
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alexis and jose have a good sense of their current total assets and have a tracking system in place for their expenses. however, they must now take into consideration the costs of a wedding and the costs of having a baby. what next step should they take toward controlling their assets?
Belongings include physical assetincluding equipment, property, uncooked substances and inventory, and intangible objects like patents, royalties and different intellectual belongings.
The vehicle itself is an asset, because it is a tangible component that helps you get from point A to point B and has some amount of price in the marketplace in case you need to sell it. however, the car loan which you took out to get that automobile is a legal responsibility.
Common examples of private belongings encompass: cash and coins equivalents, certificates of deposit, checking, and financial savings money owed, cash marketplace debts, physical coins, Treasury bills. property or land and any shape that is completely connected to it.
They are known as fixed property or long term assets, when you consider that they cannot with affordable fact be effortlessly transformed to cash inside a period of 12 months. What are constant assets? those are tangible or long term assets that encompass buildings, land, furnishings, gadget, motors, machinery and furniture.
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Which of the following does an entrepreneur typically need to be willing to do to start a business?
Question options:
Delegate the risk to start a company.
Select a product or service that will be sustainable.
Self-finance the new company.
Hire a board of directors to manage the business.
The correct answer is B. Entrepreneur needs to select a product or service that will be sustainable.
The role and responsibility that entrepreneurs play are Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers and needs to select a product or service that will be sustainable.
With regards to the end client of any product, good, or service. . There is dependably the prerequisite of an individual or a gathering who will utilize a definitive or the last and completed item, great, or administration.
The person who will utilize them is the customer. From the name of the term, it turns out to be very clear. The person who consumes the item is known as the buyer.
It isn't mandatory that the person who will market and making the acquisition of the item will be a definitive buyer. For example, a recently conceived child cant go to market and make buys. In any case, the diapers that are being consumed by the child are brought by guardians.
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A number of separate, but interdependent, budgets that formally lay out the company's sales, production, and financial goals are contained in the ______ budget.
A number of separate, but interdependent, budgets that formally lay out the company's sales, production, and financial goals are contained in the master budget.
What is the master budget?A master budget is a financial plan that details how much money an organisation expects to bring in and spend within a fiscal year. Normally, this document presents financial data in quarters or months. To create a master budget that provides a complete view of a firm's finances, for example, a corporation might include its sales budget, the cost of goods sold, selling and administrative costs, cash budget, capital expenditures, inventory, total assets, and accounts payable. The master budget, which also includes budgeted financial statements, a cash projection, and a financing plan, is the culmination of all lower-level budgets created by a company's numerous functional departments.
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Pharoah Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 157,000 miles. Taxi 10 cost $31,800 and is expected to have a salvage value of $400. Taxi 10 was driven 37,000 miles in 2021 and 30,000 miles in 2022.
Determine depreciation cost for 2013 and 2014: $
The depreciation for the years 2021 and 2022 are $7,400 and $6,000 respectively
Under the units-of-activity method, the depreciation per unit of activity is computed by dividing the net cost of the asset by its estimated output in terms of activity. This method ignores the useful life of the asset.
The depreciation for 2021 and 2022 are $7,400 and $6,000 respectively, as computed below:
Depreciation rate per mile = Cost of taxi - Salvage value/Estimated miles of Each Cab
= 31800 - 400/157000
= 0.20
Depreciation for 2021 = Driven Miles in 2021×Depreciation Rate Per Mile = 37,000×$0.20=$7400
Depreciation for 2022=Driven Miles in 2022×Depreciation Rate Per Mile=30,000×$0.20=$6000
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Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus.
TRUE
FALSE
If every level of the chain takes actions that are coordinated and together increase total supply chain surplus, supply chain coordination improves. it is true
If every level of the chain takes actions that are coordinated and together increase total supply chain surplus, supply chain coordination improves. An uncoordinated supply chain results in activities that frequently reduce the earnings of the entire chain as each stage strives to optimise its own profits. Supply chain performance can be enhanced through the use of supply chain coordination (SCC). Coordination is possible when interdependent entities cooperate by pooling their resources and knowledge in order to achieve shared goals that maximise consumer value throughout the entire SC. Cost increases in manufacturing, inventories, distribution, and nearly every other aspect of the supply chain will result from the absence of coordination. The bullwhip effect causes warehouses to be overrun with surplus inventory, which adds needless holding expenses.
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which of the follow statements is false? group of answer choices if a currency is depreciating, a firm can use the lead and lag strategy to reduce its transaction exposure by paying the obligations denominated in the depreciating currency as late as the contracts will allow.
The following statement "Facing a depreciating currency, the firm should give incentives to its customers who owe the firm in that currency to pay late" is False.
A currency is a standardised form of money that is used or in circulation as a means of trade, such as coins and banknotes. A currency, according to a broader definition, is a type of money that has become widely accepted through time in a particular setting, particularly among residents of a nation state.
According to this definition, fiat currencies are those that are issued by governments, such as the British Pound Sterling (£), Euro (€), Japanese Yen (¥), and US Dollar (US$). In foreign exchange markets, which determine the relative values of the various currencies, currencies can serve as repositories of value and be transferred between countries.
The above question is incomplete, the complete question is-
Which of the follow statements is FALSE?
If a currency is depreciating, a firm can use the lead and lag strategy to reduce its transaction exposure by paying the obligations denominated in the depreciating currency as late as the contracts will allow.
When the competition is intense, the lead and lag strategy may be infeasible to deploy. However, a multinational company can aggressively use the lead and lag strategy to deal with intrafirm payables and receivables.
If a currency is appreciating, it is beneficial for a firm to pay its bills denominated in that currency early and let customers in that country pay late as long as they are paying in that currency.
Facing a depreciating currency, the firm should give incentives to its customers who owe the firm in that currency to pay late.
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which of the following firms is the closest to being a perfectly competitive firm? question 20 options: a) the new york yankees b) apple, inc. c) debeers diamond wholesalers d) a wheat farmer in kansas
The right answer is D, with a Kansas wheat farmer's business being just a perfectly competitive firm.
What are firms with perfect competition?A perfectly competitive business would accept a price which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to ask even a small amount above the going rate.
What is the ideal response to a contest?When every business or company there in market is selling the same goods and prices remain unaffected by the company's market share, this is referred to as perfect competition. Some of the characteristics of perfect competition include the following: the market's plenty of buyers and sellers.
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all figures are in billions. what is the desired level of investment spending in this economy if it is to achieve a noninflationary, full-employment level of real gdp?
The publicly trade government securities. Assume that the economy is initially experiencing real GDP full employment. Investment in GDP calculations does not include the acquisition of stocks and bonds or the trading of financial instruments.
It refers to the acquisition of brand-new capital goods, such as the inventories, new commercial real estate (such as offices, warehouses, and retail), and new residential housing developments. The short- and long-term growth of the economy can be impacted by business investment. Because physical capital is generated and sold, a rise in business investment immediately raises the present level of the gross domestic product (GDP).
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true or false: as the pressure to reduce costs increases, the best entry modes are franchising and joint ventures.
The ideal entry strategies are franchising and joint ventures as the demand to cut costs grows is a true .
Which three claims concerning franchising are true?Which three claims concerning franchising are TRUE? A royalty payment is normally given to the franchisor. It has a longer time commitment than a license but is similar. The franchisee agrees to abide by certain guidelines for conducting business.
Why is franchising a desirable method of entering the market?Because it needs little financial investment from the franchisor, franchising is a desirable approach to penetrate overseas markets. In fact, the majority of costs involved with starting their firms are borne by local franchisees.
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the textbook states that eye contact is very important to american business audiences. how should you make eye contact with large audiences?
Eye contact is crucial for public speaking. When speaking in front of large audiences, you may divide the audiences into 3 big section, left, middle, and right, and focus on those sections. You don't need to try to make eye contact with every single audience there, just pick some random representatives of each section and maintain your eye contact. Don't forget to spread your eye contact evenly to every section so none will feel left out. Make sure to never too focus on looking at one person and forget the whole audience.
Eye contact in public speaking plays a big role in determining how the audiences will engage and focus on your speech. Eye contact allows you--as a speaker--to build the right atmosphere, convey your point on view and persuade them to agree with it, and keeps them engage with your speech.
Eye contact is important because it could help you buid a connection with your audience. eye contact could become an invisible bridge that help your audiences to engage more into your topics. Eye contact could help you to secure your concentration. The presentation slides, lighting, music or people passing by could be very distracting. By focusing on your audiences' eyes, you can be more focused and on-track on your message. Eye contact can show the speaker confidence. A great speaker could convey his message through his eyes and persuade his audiences to agree with his statements. Eye contact allows audiences to feel involved and engage with you and your topic. Eye contact also helps audiences to be more focus on you and your speech.
To build a great eye contact, a speaker has to acknowledge the audiences. Scan the room and try to decide where you want to focus your eyes on. If you notice some familiar faces, choose them. Make sure to involves everyone in the room into your conversation. Connect to as many people as possible. Make sure that you have enough and appropriate time to look at your audiences. Don't overspend your time by focusing on one particular person. Keep your eye contact for 5 seconds and move on. When you notice that a person grows uncomfortable on your eye contact, shift your focus and don't push it too much.
Eye contact has great relationship with the speaker's confidence. To ensure your confidence level, make sure that your presentation is well prepared. When you have important points, make sure that you highlight those points through eye contact. Last but not least, practice make perfect. Just try as much as you can to speak in front of large audiences and maintain your eye contact level.
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Which study involves the collection of information supported by opinions? the study of the effect of playing in the rain on catching a cold the study of the effect of a full moon on human behavior the study of the effect of economic status on traveling the study of the effect of economic status on eating out.
The study of the effect of a full moon on human behavior. Pseudoscience is a discipline that is based on beliefs, and opinions which are claimed to be logical and scientific but they actually are not as they are not supported by evidence obtained from experimental trails.
Pseudoscience consists of statements, beliefs, or practices that claim to be each scientific and genuine however are incompatible with the clinical approach.[1][Note 1] Pseudoscience is frequently characterised via contradictory, exaggerated or unfalsifiable claims; reliance on affirmation bias in place of rigorous tries at refutation; loss of openness to assessment by means of other professionals; absence of systematic practices while developing hypotheses; and endured adherence long after the pseudoscientific hypotheses had been experimentally discredited.
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Answer
the study of the effect of playing in the rain on catching a cold
Explanation:
its B!!!!!
consider an economy in equilibrium. suppose the households of this economy now expect the economy to grow in the future. complete the following feedback loop reflecting the multiplier effects of this shock on a modern economy.
If an economy in equilibrium and the households now expect the economy to grow in the future. The feedback loop reflecting the multiplier effects of this shock on a modern economy includes:
consumption - risesinvestment - risesfirm revenues - riseslabor demand - risesunemployment - fallshousehold incomes - riseasset prices - risemortgage defaults - fallfirm bankruptcies - fallfinancial intermediation - risesWhat Is the Multiplier Effect in this context?In economics, a multiplier effect refers to the proportional amount of increase or decrease in the final income that results from an injection, or withdrawal, of capital.
The multipliers effect measure the impact that a change in economic activity such as investment or spending will have on the total economic output of something.
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A recent stock market boom has increased household wealth by $20 billion, which initially increases consumption by $12 billion, and the marginal propensity to consume in the economy is equal to 0.5.
After the multiplier effect, aggregate spending (AD) will ____________ (increase/decrease) by $________ billion.
increase; 24 ((1/(1-0.5) x 12)
After the multiplier effect, aggregate spending (AD) will increase by $24 ((1/(1-0.5) x 12) billion.
A stock market, fairness market, or share market is the aggregation of consumers and dealers of shares, which represent possession claims on businesses; these may include securities listed on a public stock.
Even though the stock marketplace produces volatile returns, it has long records of outpacing inflation in the long run.
The primary motive of the Wall avenue crash of 1929 turned into the long length of speculation that preceded it, at some point in which tens of millions of humans invested their financial savings or borrowed cash to buy shares, pushing charges to unsustainable ranges.
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according to the trait model of leadership, what trait helps managers influence employees despite any difficulties? multiple choice integrity and honesty dominance control
According the Trait Theory of Leadership, desire to lead helps managers influence employees despite any difficulties.
Trait Theory of Leadership tells that to be a successful leader, someone has to have some inborn personaity traits and characteristics. Those personality traits and characteristics then produce consistent behavioral patterns. Reseachers believe that successful leaders tend to have different interests, abilities, and personality traits from those of less effective leaders.
Trait theory of leadership is proven as valid for a lot of researches and provides detailed knowledge and understandment of the leader element in the leadership process. However this theory bounds to become subjective judgment and this theory is very complex because traits is unlimited and tends to have big variances.
Traits mentioned in Trait Theories of Leadership are:
DriveDesire to leadHonesty and integritySelf-confidenceIntelligenceJob-relevant knowledgeLeader exhibits desire for high achievement standards. Leader tends to be ambitious, have a lot of energy and actively show his/her initiatives.
Leader openly demonstrates his/her willingness to take responsibility. Leader finds it easy to influence and lead others.
Leader builds strong trusting relationship with his/her followers by showing high honesty and high consistency between his/her words and acts.
Leader shows self-confidence to boost his/her followers confidence and convince them to achieve their targets and goals.
Leader's intellegencies are important to gather, synthesize, and interpret large amout of information needed to make right decisions.
Job-relevant knowlegde is related to information about the company, industry and technical matters. These kinds of knowledge is important to based every decision made by leader
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if the treasury pays a large bill to defense contractors and as a result its deposits with the fed fall, what defensive open market operations will the manager of the open market desk undertake?
When the Treasury pays a significant payment to military contractors and its deposits with the Fed shrink, the manager of the open market desk will execute an open market sale of government securities.
Contractor bank accounts are credited as the Treasury withdraws funds from its deposits to pay a bill to the contractor.
The commercial banking industry now has more reserves as a result. As the volume of deposits via the commercial banking system has increased, the money supply has already increased.
Additionally, if banks begin to lend out their current surplus reserves, the money supply will increase even faster.
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the trade-off between ease of finding merchandise and providing a varied and interesting layout is determined by
The needs of in-store shoppers dictate the compromise between easy product discovery and a diverse and attractive layout.
Define a customer.A person or company that purchases goods or services from another company is called a customer. Customers are important because they bring in the money. Without them, companies no longer exist. Not only can you shop better, but you can also attract new customers. Your customer acts as your distributor. In fact, 56% of him said he would tell friends and family about a company that provides great service. By providing excellent customer service, you keep customers who recommend your business. Consistently exceeding customer expectations constitutes excellent customer service.
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The objective of aggregate planning is to meet forecast demand while ________ over the planning period.
The goal of aggregate planning is typically to meet forecast demand whilst smoothing employment and driving down stock stages over the planning period.
What is the objective of aggregate planning?The intention of mixture planning is to minimize working costs by using matching manufacturing demand with manufacturing capacity. An combination design specifies what materials and other assets are wanted and when they need to be procured to limit cost.
What is the length normally included through an mixture production plan?Aggregate Planning by way of definition is worried with deciding the volume and scheduling of production for the mid-term future. The timing on an combination plan runs normally from 3 to 18 months.
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https://brainly.com/question/15221461#SPJ4Which one of the following is the most effective means for a company to grow its wholesale sales of branded footwear in the Latin America region? O Market branded footwear to Latin American retailers that has an S/Q rating 1.5 stars higher than the industry average S/Q rating in Latin America O Provide footwear retailers in Latin America with an amount of merchandising and promotional support that exceeds the industry average in Latin America O Spend an annual amount for search engine advertising that exceeds the industry average in Latin America by at least $1 million O Charge footwear retailers in Latin America an average wholesale price for branded footwear that is below the average retail price the company charges individuals consumers to buy its branded footwear online at the company's website in Latin America O Offer a mail-in rebate that is $1 higher than the industry average in Latin America
Option (A), sell branded shoes to Latin American retailers with an S/Q rating that is 1.5 stars greater than the region's average S/Q rating.
How would you rate S Q?The consumer group evaluates the design and build quality of every competitor's footwear and gives each brand's branded footwear an S/Q grade, or styling quality, from 0 to 10.
What constitutes a good S Q rating?Beginning with the principles you can be certain of can help: I advise beginning with an S/Q grade of 7 stars and 50 available models for the high-quality, low-model strategy. In addition, you should always set your Retail Outlets settings to the largest figure you are permitted to input.
How do I boost my SQ rating?Early investments should be made in plant renovations, notably the S/Q rating upgrading. Early investment in these areas will give the business several years of return on investment. The company's credit rating is most significantly impacted by the total quantity of loans it has outstanding.
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a customer writes 1 july 40 put at 6. the put is exercised when the market price is 30. for tax purposes, what is the effective cost basis of the stock put to the writer of the contract?
The effective cost basis of the stock put to the writer of the contract is 34.
What does "stock" mean?A stock is a colloquial phrase for any company's ownership certificates. On the other hand, a share alludes to a certain company's stock certificate. You become a shareholder if you possess shares of a specific corporation. There are two categories of stocks: ordinary and preferred.
How is stock cost basis calculated?
The cost basis is typically just the price you pay for each share when you buy stock. Let's say you invested $100 a share in a taxable brokerage account to buy 10 shares of XYZ. Your cost basis for each individual share would be $100, making the total cost $1,000.
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a consensus estimate based on a number of studies suggests that if there is an increase in budget deficits (or a fall in budget surplus) by 1% of gdp
According to a consensus estimate drawn from several studies, an increase in budget deficits (or a decrease in budget surplus) of 1% of GDP will result in a 0.5–1.0% rise in the long-term interest rate.
Exactly what does "budget deficit " mean?When spending exceeds income, this is referred to as having a budgetary deficit. This has a lot of applications for people and businesses even if it is primarily utilized for governments.
When government expenditure exceeds its income, which includes taxes, fees, and investment returns, there is a federal budget deficit. The national debt or federal government debt increases as a result of deficits.
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controllable revenue is included in a performance report of a: cost center profit center a. yes no b. yes yes c. no no d. no yes
The controllable revenue is included in a performance report of a: cost center profit center a. yes no .
What is controllable revenue ?Controllable Income from Operations can be described as the total of the Business Unit's or Business Region's net sales which is been reduced through the total variable and fixed costs, operating expenses, .
It shgould be noted that this is usually set forth in the Company's internal financial statements as regards the fiscal year, hence in the case above controllable revenue is included in a performance report of a: cost center profit center .
Therefore, option A is correct.
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which statement about market structure and innovation is true? multiple choice innovation often leads to productive and allocative efficiency. innovation always leads to entrenched monopoly power. innovation keeps new firms from ever catching up with leading firms. innovation helps only dominant firms.
The statement about market structure and innovation that innovation often leads to creative destruction and the replacement of established firms by new firms is true. Here option A is the correct answer.
Relationship marketing and innovation are mutually inclusive. On the one hand, the recently introduced product, developed in collaboration with the stakeholders, is likely to provide satisfaction and, as a result, customer loyalty and retention, with all recognized favorable effects.
The main purpose of marketing innovation is to discover new markets, which will ultimately enhance sales and profitability for your company.
Marketing innovation refers to the use of a fresh marketing strategy incorporating considerable adjustments to product positioning, promotion, price, design, or packaging.
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the data now clearly indicate that a recession exists, the government passed a law to give everyone money, and now the money is actually being distributed. the only problem is that it takes time for people to figure out what to spend the money on. how does the economy look at this point, with the economy in a recession, an expansionary fiscal policy passed as law, some money spent to implement the law, but the distributed money not actually yet spent? here, ad refers to the original aggregate demand curve and ad' refers to the new aggregate demand curve after the economy changes.
Fiscal policy is enacted by a country's government through spending and taxes to influence a nation's economic conditions. To help fight a recession, fiscal policy may aim to lower taxes and increase federal spending to increase aggregate demand.
In the short term, governments may focus on macroeconomic stabilization, for example, expanding spending or cutting taxes to stimulate an ailing economy, slashing spending, or raising taxes to combat rising inflation or to help reduce external vulnerabilities.
The most popular, or most recommended, policy for any country to dig itself out of recession is an expansionary fiscal policy or fiscal stimulus. This is usually a two-pronged approach tax cuts and increased government spending.
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consider a directed social network in which the actors are nations. nation x has a tie to nation y if x sells more to y than y sells to x. (in other words, the ties point in the direction of net trade.) find appropriate adjectives to describe the nation with the largest indegree and the nation with the largest outdegree.
The nation with the largest indegree is then the nation that sells the most to other nations and the nation with the largest outdegree is the nation that sells the least to other nations and buys the most from other nations.
How do Indegree and Outdegree differ?The amount of edges that enter a vertex determines its indegree. In other words, for any x in V, the outdegree is the total number of edges (x, a) in E. There are neither indegree or outdegree for undirected graphs; there is just degree, or the number of edges incident to a particular vertex.
What is degree sum?According to the degree sum formula, the number of edges in a (finite) graph is equal to twice the degree of all of its vertices.
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What is the average number of times that a specific risk is likely to be realized in a single year?.
The annualized rate of occurrence is the average number times that a specific risk is likely to be realized in a single year.
What is Annualized Rate of Occurrence?
The predicted frequency with which a risk or hazard is expected to materialize is referred to as the annualized rate of occurrence, or ARO. Probability Determination is another name for ARO.
In theory, calculating the annualized rate of occurrence is rather simple, but in fact, it can be much more challenging. Applying the formula will allow you to approach a problem in a methodical and mathematical manner. But when you take into account all the variables that can truly affect the likelihood of anything happening, things get complicated. The difficulty of the ARO calculation rises as the number of variables does.
NUMBER OF INCIDENTS / NUMBER OF YEARS = ANNUAL RATE OF OCCURRENCE
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what should the prioritiezed list of assets and their vulnerabilities and the prioritized list of threats facing the organization be combined to create?
The prioritiezed list of assets and their vulnerabilities and the prioritized list of threats facing the organization be combined create Threats-vulnerablilities-assets worksheet.
A weakness leaves your company open to dangers. A harmful or unfavorable occurrence that exploits a vulnerability is referred to as a threat. The possibility of loss and damage when the danger materializes is the risk's final component.
An item that is in the ownership or control of a stakeholder and is valued by them is known as an asset. Computer systems, data, and other items that harm their owners if compromised are examples of assets. Finding the assets that should be included in a threat modeling exercise is a crucial first step.
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what would happen to the equilibrium price and quantity for a good if an innovative production technique decreased the cost of making it? (3 points)
The equilibrium price to fall and the equilibrium quantity to increase. As production technology improves, suppliers can reduce the cost of producing their products, thus shifting the supply curve to the right.
A decrease in demand and an increase in supply will lower the equilibrium price, but the effect on the equilibrium quantity cannot be determined. By volume, consumers devalue the goods and producers are willing to accept lower prices. therefore the price will go down.
Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable. Generally, an over-supply of goods or services causes prices to go down, which results in higher demand—while an under-supply or shortage causes prices to go up resulting in less demand.
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according to the digital media company captivate network, employees viewing the 2012 olympics instead of working caused a $1.38 billion loss in productivity for u.s. companies. is this productivity loss an example of a negative externality? part 2 employees viewing the 2012 olympics instead of working
In step with the digital media business enterprise captivate community, employees viewing the 2012 Olympics as opposed to operating precipitated a $1.38 billion loss in productivity for u.s. organizations is a terrible externality because the productiveness losses are due to actions of other corporations out of doors their markets.
The summer Olympic games additionally called the games of the Olympiad, and often called the summer Olympics, is a chief global multi-sport event normally held as soon as every 4 years. The inaugural games occurred in 1896 in Athens, Greece, and the maximum recent version changed into held in 2021 in Tokyo, Japan.
At some point in a March 2021 survey within the USA, 28 percent of respondents said that they preferred the summertime Olympics, while sixteen percent preferred the iciness Olympics.
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after the accounts are adjusted and closed at the end of the fiscal year, accounts receivable has a balance of rm460,000 and allowance for doubtful accounts has a balance of rm30,000. what is the net realizable value of the accounts receivable?
The net realizable value of the accounts receivable is $430,000.
Net realizable value (NRV) is a measure of a hard and fast or present-day asset's worth when held in stock, within the area of accounting. NRV is part of the usually ordinary Accounting concepts (GAAP) and worldwide economic Reporting requirements (IFRS) that apply to valuing inventory, in order to not overstate or understate the value of stock goods. net realizable price is generally equal to the selling charge of the stock goods much less the promoting fees (of entirety and disposal). therefore, it is anticipated sales price less selling expenses (e.g. repair and disposal charges). NRV prevents overstating or understating an asset's price. NRV is the fee cap while using the lower value or market Rule.
Underneath IFRS, companies need to record the cost of their finishing inventory on the decrease of fee and NRV, to make sure that their stock and profits announcements aren't overstated (underneath ASPE, corporations record the lower of cost and market price).
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