Putting cash or checks into your savings account is known as a cash deposit.
Why are the deposits in the bank called deposits?A cash deposit is when you put cash or checks into your savings account. You can deposit cash by going directly to the bank or using a Cash Deposit Machine. Transfers of funds into your account are also regarded as cash deposits.
The option to withdraw funds is available to everyone as needed. Deposits in bank accounts are known as demand deposits because they can be withdrawn at any time.
Demand and time deposits are the two different sorts. An ordinary bank and savings account is a demand deposit. A demand deposit account allows you to take money out at any time. Time deposits, such as certificates of deposit, are investments with a specified term and typically fixed interest rates.
Therefore, the statement is true.
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Sean, who is single, received social security benefits of $8,000, dividend income of $13,000, and interest income of $2,000. Except as noted, those income items are reasonably consistent from year to year. At the end of 2019, Sean is considering selling stock that would result in an immediate gain of $10,000, a reduction in future dividends of $1,000, and an increase in future interest income of $1,500. What amount of social security benefits is taxable to Sean
Dividend payments are made from a corporation's profits to its stockholders.
How do you make dividend income?
Simply owning shares of the company through a brokerage account or a retirement plan, such as an IRA, is all that is required to get dividends on a stock. The money will be transferred into your account automatically after the dividends are paid.
Your current income demands can be satisfied with a good dividend return. yet not so low as to imply that a company's payout is in jeopardy. The range of acceptable dividend yields will normally be between 2% and 5%. All dividends given to shareholders must be deducted from their income before taxes, although qualifying dividends will receive preferential treatment.
In contrast to regular dividends, which are taxed at conventional federal income tax rates, qualified dividends are subject to the capital gains tax rate.
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When the supply of workers is plentiful, one would predict that market wages would be a. low, other things equal. b. determined solely by factors that affect demand. c. determined outside the domain of economic theory. d. high, other things equal. N
When there is a plentiful supply of workers, one would expect market wages to be option a. low, all else being equal.
Which is the best option for someone who wants to pursue a career with a relatively high earning potential?If someone is looking for a career with a relatively high earning potential, "a career with a relatively low supply and high demand for workers" is the best option. Because there is a limited supply of a specific job and a high demand for workers, competition can be fierce, resulting in relatively high earnings. Because of the high wages, supply wages tend to rise, and more workers enter the industry of that occupation.
The concept of labor demand is a topic that states that the amount of labor demand that an economy is willing to employ at a given point in time.According to the concept of labor supply, it is the number of workers willing to take a specific job.To know more about wages visit:
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ere are 5 levels of economic development. What is the level that is described as having no formal economic organization or monetary system
The absence of a formal economic structure or monetary system is characterized as the initial stage of economic growth.
What constitutes economic development's third stage?However, the majority of development economists concur that the essential phases of development are linked to three distinct transitions: a) an economic structural change, b) a demographic shift, and c) the urbanization process.
What types of economies are there?The four main categories of economic systems are market economies, command economies, mixed economies, and traditional economies. Capitalism and socialism are the two main economic systems in contemporary cultures. The majority of civilizations' economies really combine aspects of both economic systems but lean more toward one of the two poles of the capitalism-socialism spectrum.
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At an interest rate of 7%, you can have approximately $18,000 twelve (12) years from now by depositing $___________ every year for the next twelve years assuming the deposits take place at the end of each year. A. 1623 B. 1006 C. 1088 D. 1127
The right response is $1,006.24
What explanation is provided?The amount that a lender charges a borrower for any kind of loan that is provided is known as an interest rate, and it is often expressed as a percentage of the principal. The collateralized asset could be cash, a big asset like a car or a house, or just everyday goods. When applied to larger assets, the interest rate is commonly referred to as the "lease rate."
The provided data are listed below in accordance with the scenario:
Interest rate (r) equals 7%
Future worth: $18,000
Time (t) equals 12 years.
Therefore, we can use the following formula to determine the payment to deposit:
FV is equal to Pmt (((1 + r)t - 1) r)
$18,000 = Pmt ((( 1 + 0.07)^12 - 1) ÷ 0.07)
Pmt = $1,006.24
Consequently, a yearly deposit of $1,006.24 is required.
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What is the best thing that you can do for your financial future?
Set financial objectives, Establish a budget, Prepare for taxes and Establish an emergency fund are some of best things that you can do for your financial future.
What does the future hold for money?A current contract that calls for the delivery of a particular asset in exchange for the selling price at a particular date in the future.
Why should I plan for my future finances?If you have a written financial plan, you can work toward a measurable goal. You can reduce doubt or uncertainty about your decisions and make adjustments to help you overcome obstacles that could impede your progress because you can track your progress.
Why is financial success crucial?On a holistic level, financial success involves more than just having enough money and being financially stable. For the majority of us, success brings happiness and peace of mind. This can be accomplished with the assistance of setting objectives based on the things that are significant to you and your family.
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You are provided with the following information for Koetteritz Inc. for the month ended June 30, 2020. Koetteritz uses the periodic method for inventory. Date Description Quantity Unit Cost or Selling Price June 1 Beginning inventory 40 $40 June 4 Purchase 135 43 June 10 Sale 110 70 June 11 Sale return 15 70 June 18 Purchase 55 46 June 18 Purchase return 10 46 June 25 Sale 65 76 June 28 Purchase 35 50 Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.)
cost of goods sold Available for Sale
Date Description Quantity unit cost Amount
June 01 Beginning inventory 40 40 1600
June 04 Purchase 135 43 5805
June 18 Purchase 55 46 2530
June 18 Purchase return 10 46 460
June 20 Purchase 35 50 1750
Total 255 11225
weighted average cost per unit = [tex]\frac{Cost of goods Available for sale}{Units Available for sale}[/tex] = [tex]\frac{11225}{255} = 44.02[/tex]
Commercial enterprise facts are statistics that hold which means, value, or significance for your business. it'd consist of any reports, spreadsheets, metrics, regulatory reporting, web pages, files, dashboards, and so on that suit the definition of having which means, fee, or importance in your enterprise. Data is a group of records, and at the same time as facts place those records into context. whilst records are raw and unorganized, records are prepared.
The information enables heading off the duplication of research. facts stimulate the concept method of the users, specifically the scholars. the information allows scientists, engineers, pupils, and many others. to get properly knowledgeable about the present-day advancements of their subjects, and to keep them updated.
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A farmer wants to net at least $10,000/acre on the sale of his 80-acre property. If he allows for a total of 10% for commissions and closing costs, what should his listing price be per acre
A farmer hopes to make at least $10,000 per acre when he sells his 80-acre plot of land. His listing price per acre ought to be $11,111 if he budgets a whole of 10% for commission and settlement costs.
What do you mean by listing price?
The price at which a product's maker ostensibly suggests that a retailer sell it is referred to as the list price, also called as the company's suggested price (MSRP), suggested retail price (RRP), or suggested retail price (SRP), of a product. As they permit prices to be raised higher than those that would be determined by supply and demand, suggested pricing schemes can be in opposition with competition theory. Beyond simply proposing prices, resale price maintenance—fixing prices—is prohibited in many nations. Depending on the real wholesale rate of each item, which is typically obtained in bulk from the maker or in smaller amounts through a distributor, retailers may charge lower than the recommended retail price.
10,000 x 80 = 800,000
100% - 10% = 90%
800,000/.90 = 888,888.89
888,888.89/80 = 11,111
So, The required answer is $11,111.
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In the northwetern United State, both coyote and wolve eat deer. The
ize of the population have been table for the lat 6 year, but recently the
ize of the wolf population increaed. What will likely happen to the coyote
population?
In the Northwestern United State, both Coyote and wolve eat deer. But recently the wolf population increased. So, the coyote population will start decreasing.
Coyotes and the wolves have a clear recent ecological record of the competition. So, the living coyotes tend to modify their behavior in the presence of the larger carnivores, such as wolves. Thus, they examined the evolution of coyotes and wolves through the time from the late Pleistocene.
However, the Coyotes will often modify their behavior in response to antagonism from wolves. Thus, the coyote population will start decreasing. It is said that the wolves from the growing population dispersed to Coyotes arrive soon after.
Hence, Coyotes have extended their range eastward during the last 100 years.
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A nation that produces mostly farm products has negotiated a new farm treaty with the United States. The nation plans to spend a large amount of money only lobbying the Senate in favor of the treaty. Why might this be a good course of action for the foreign nation
The Senate ratifies treaties that the president has drafted. This would be a prudent line of action for the foreign nation. The nation plans to invest a sizable sum of money.
What does money mean to businesses?Money is a secure investment that is used to promote value-based transactions. It serves as a channel of communication between people and things. It can reflect the amount of other items and serves as both a reserve currency and even a unit of account.
Why is money so crucial?Money serves as a means of exchange, which makes it an advantageous item to possess because it saves the owner all time and effort needed to synchronize market exchanges. Convenience can be considered a luxury, especially when it includes saving time.
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Sal and two of his friends rent an apartment together. their total cost to move in included first month's rent, last month's rent and a security deposit of $1,200. if sal paid a total of $1,000 to move in, how much is his share of the rent each month?
a. $300
b. $450
c. $600
d. $900
please select the best answer from the choices provided a b c d
According to the question, $300 is his share of the rent each month.
What is the rent?
The exact amount of rent that someone pays depends on a variety of factors. These include the size of the property, the location, the condition of the property, and the length of the lease. In addition, factors such as the landlord's preferences and the current market rate can also influence the rent. For example, a larger, newer property in a desirable location may have a higher rent than a smaller, older property in a less desirable area. Ultimately, the amount of rent is determined by the landlord and the tenant and can vary widely.
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Imagine the federal government has a national debt of $10.2 trillion. Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt
The Congress will adopt the fiscal policy of increasing taxes to avoid increasing the national debt. Hence, option (b) will be regarded as the relevant choice of answer.
Give a brief account on the fiscal policy.Governmental activities that assist guide national economies are regarded as fiscal policy. Several methods, including taxation, are used to accomplish this. Fiscal policy is overseen by a number of different central organisations. In truth, the President and the U.S. Congress are both involved, making it clear that both the executive and legislative branches of the U.S. are in charge of it:
Although modern presidents frequently rely on a council of economic experts as well, the President and the Secretary of the Treasury hold the two most important positions in the executive branch in this regard.Congress in the United States enacts legislation and appropriates funds for all fiscal policy initiatives. Both the House of Representatives and the Senate must participate in, consider, and approve this procedure.To know more about, Fiscal policy, visit :
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The complete question is mentioned below :
Imagine the federal government has a national debt of $10.2 trillion. Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt
a. Cut public programs
b. Increase taxes
c. Lower discount rates
d. Reduce open-market operations
What were 3 effects of the stock market crash?
The three effects of the stock market crash are loss of wealth, Bankruptcy, and unemployment.
1) Loss of wealth: The most immediate effect of the stock market crash was the loss of paper wealth experienced by those who had invested in stocks. Many investors lost their entire savings, while others saw the value of their investments drop dramatically.
2) Bankruptcy: As the stock market continued to decline, many businesses that had borrowed money to purchase stocks were unable to repay their loans. This led to a wave of bankruptcies as companies were forced to liquidate their assets to pay back their lenders.
3) Unemployment: As businesses went bankrupt, many workers were laid off and unemployment rates rose dramatically. This had a ripple effect on the economy and caused a decline in consumer spending, further dragging down the economy. The economic downturn caused by the stock market crash led to the Great Depression, devastatingly affecting the global economy.
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Does command economy have government regulations?
In a command economy, the central government dictates the position of product of goods and controls their distribution and prices.
Proponents of a command economy argue government control rather than the private enterprise can ensure the fair distribution of goods and services. The central point of pure command frugality is government control. Rather than letting request forces mandate the production of goods and services, the government determines profitable precedences and controls products and pricing.
Command economy is one in which a centralized government controls the means of production. This has both advantages and disadvantages when compared to a free-request frugality, which is a frugality where force and demand mandate affairs and prices.
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For FUTA purposes, an employer can be any one of the following except: A) an individual. B) a partnership. C) a trust. D) a corporation. E) All of the above
For FUTA purposes, an employer can be any one of the following except: All of the above.
Employer and managerial control exists in an organization on many levels and has an equal impact on both the workforce and productivity. The crucial link between intended results and actual operations is control. Employers must strike a balance between goals like lowering pay limits and maximizing labor productivity in order to maintain a lucrative and healthy working relationship.The most common ways for companies and job seekers to find one another are online job boards and job postings in newspapers (via classified advertising). Another popular technique for connecting companies and job seekers is through professional recruitment consultants, who are compensatedemployer by the company on a commission basis to find, evaluate, and select appropriate individuals.
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Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
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Suppose we observed that the revenue from popcorn sales in a movie theatre increases with the number of movie tickets sold. What kind of relationship exists between these two variables
Suppose we observed that the revenue from popcorn sales in a movie theatre increases with the number of movie tickets sold. The "cause and effect relationship exists between these two variables.
A film, also known as a movie, motion picture, moving picture, picture, photoplay, or (slang) flick, is a work of visual art that uses moving pictures to imitate experiences and express ideas, tales, perceptions, feelings, or atmosphere. These visuals are usually accompanied by sound and, on rare occasions, additional sensory stimuli.
The term "cinema," short for cinematography, is frequently used to refer to filmmaking and the film business, as well as the art form that results from it. A film's moving visuals are made by capturing actual situations with a motion-picture camera, as well as photographing sketches or tiny models with classic animation techniques.
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When a new product is launched, should the company invest in the production process or in the product itself
The answer to this question depends on the type of product and the company's objectives. If the product is a new version of an existing product, it may be best to invest in the production process in order to ensure that the product meets the desired quality standards and is produced efficiently.
This could include investing in new machinery, training staff, or developing new production techniques. If the product is a completely new product, it may be best to invest in the product itself, such as research and development, marketing, or product design. Ultimately, the decision should be based on the company's overall objectives and the specific needs of the product.
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Generosity towards others is an example of ______ in the business world. Multiple choice question. weakness accountability caring competence
In the business sector, generosity toward others is an illustration of caring.
A donor in business is what?Giving people are those that want to contribute to a cause and go out of their way to assist others. One must have "a willingness to help others attain their goals" in order to be really inventive and collaborative (Grant, 2013). Then there are what Grant refers to as "toxic takers" (Grant, 2013).
What does kindness in business mean?Accordingly, if you are kind to your customers, business partners, and staff members — if you put in the extra effort, take the extra time, and do whatever you can — they are likely to return the favor.
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ou have a $350 public relations budget for the current year. You would like to generate publicity by publishing several ads in the local township newspaper about your store's sponsorship of community activities. The newspaper normally charges $100 per ad but will give you a 30% discount since your message is community service oriented. How many ads can you buy?
You can purchase five advertisements.
What is the calculation?For this case, the first thing we are going to do is define the following variable:
x = number of ads.
We then have the following mathematical expression that models the problem:
(100) * (1-0.3) * (x) = 375
Where,
100: Charges for each advertisement.
(1-0.3): 30% discount per ad
x: number of ads
375: Budget available.
Clearing x we have:
x = (375) / ((100) * (1-0.3))
x = 5.357142857
Nearest whole number:
x = 5
Answer:
You can buy:
x = 5 ads.
Hence, five ads can be bought.
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Which of the following is NOT a good piece of advice for those who travel for business
A. Understand that face-to-face meetings are crucial for developing and maintaining business relationships.
B. Technology-based meetings conducted through videoconferencing are often as effective as expensive, time-consuming domestic or business travel.
C. Expect that business practices will vary widely from country to country, and learn to work within cultural expectations.
D. Before traveling to another country, it is a good idea to follow the news relating to the region, and also to have at least a basic understanding of its history.
E. Use downtime during business travel to network and make new contacts.
It is NOT a good idea to tell people who travel for work that technology-based meetings conducted via videoconferencing are frequently just as successful as pricey, time-consuming domestic or business travel.
Economic activity goes through periods of boom and then fall during business cycles. Both the general welfare of society and the welfare of private enterprises are impacted by these developments. Changes in a broad economic measure, such as Real Gross Domestic Product, are generally examined to determine how business cycles have changed through time. Many macroeconomic indicators have widespread upswings and downswings, which are classic examples of business cycle fluctuations. Each expansion/recession episode's duration and intensity change over time. Usually, their periodicity lasts for two to ten years. As in, their mathematical methodology, which employs a Bayesian statistical paradigm, may really include such flexible knowledge about the frequency of business cycles.
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Which of these would most likely be an implied contractual condition in a real estate sales contract: Buyer and seller names
- Freedom from fraud and misrepresentation
- Property location or description
- Purchase price
The correct option is B. The inclusion of numerous contingencies makes it less likely that the buyer's offer will be accepted.
Real property is belongings together with land and the homes on it, at the side of its herbal sources along with crops, minerals or water; immovable property of this nature; an interest vested on this (also) an item of real belongings, (more generally) homes or housing in trendy. In phrases of regulation, real is when it comes to land property and isn't like private assets while property approach the "hobby" someone has in that land assets.
Actual property is different from non-public assets, which aren't completely attached to the land, such as automobiles, boats, rings, fixtures, tools, and the rolling stock of a farm. in the United States, the transfer, owning, or acquisition of actual estate may be through commercial enterprise businesses, individuals, non-profit groups, fiduciaries, or any prison entity as seen within the regulation of each U.S. nation.
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Complete Question:
Which of the following statements about the number of contingencies in a sales contract is true?
A. Every sales contract should contain a minimum of three contingencies.
B. The inclusion of numerous contingencies makes it less likely that the buyer's offer will be accepted.
C. The more contingencies, the better, from the seller's perspective.
D. The number of contingencies is directly related to the cost of the home. The higher the asking price, the greater number of contingencies.
The normative approach ______________________. Question 35 options: identifies guidelines that dictate how firms should treat stakeholders focuses on the actual behavior of the firm and usually addresses how decisions and strategies are made for stakeholder relationships is the degree to which a firm understands and addresses stakeholder demands describes reciprocal relationships between the firm and a host of stakeholders
The normative approach identifies guidelines that dictate how firms should treat stakeholders.
The Normative Approach is a values-based strategy for creating communities that works under the premise that everyone has a desire to succeed, a need to belong, and a want to feel purposeful. To create pro-social communities where "therapy" and "education" are connected via shared experience, all NAFI Programs employ the Normative Approach.
The Normative Approach is a successful paradigm for culture change because each member of a normative community is equally important in creating a set of community norms, in taking ownership of upholding those norms, and in holding others accountable for doing the same. This provides each person in the community a sense of ownership.
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The view that an organization should discover and satisfy the needs of its consumers in a way that also provides for society's well-being is called ______.
The Societal Marketing Concept is the idea that a business should identify and meet the requirements of its customers in a way that also benefits society as a whole.
Is it believed that businesses should meet customer requirements in a way that benefits society as a whole?According to the societal marketing concept, an organization's job is to identify a target market's needs, wants, and interests and then more effectively and efficiently provide the needed satisfactions.
What idea describes how a company aims to satisfy customer wants while reaching its goal?The marketing concept states that a company should make an effort to offer goods that meet consumer requirements while also enabling the company to accomplish its objectives. Societal marketing prioritises people above money. A Societal Marketing Concept establishes a marketing strategy that offers value to customers to improve the welfare of customers and society since social responsibility is of the utmost importance.
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What happens if there is increase in price of products?
If there is increase in price of products demand for your goods will undoubtedly decline when the price of your product rises within the price fine cut.
The most sensible explanation for this pattern is that in price fine cut, the price score (demand) follows a patterned and distinctive demand curve in which demand declines as product price rises.
Items that are utilized or consumed simultaneously during manufacture are known as complement goods. For instance, because they are consumed together, bread and jam are complementary items.
When a complementary item's price rises, less of it is being purchased, which lowers demand for the complementary good as a whole.
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To ensure the best-quality audio for business phone calls, which of the following is the best choice
To ensure quality audio for business phone calls, which of the following is the best choice for a landline connection.
A landline (landline, landline, most important line, home telephone, fixed-line, and wireline) is a cellphone connection that makes use of steel wires or an optical fiber telephone line for transmission, as distinguished from a mobile cellular network, which uses radio waves for signal transmission.
you do not want to have a landline cellphone in case you want broadband. but to get broadband from an Openreach-primarily based provider, your house ought to have a bodily-related phone line.
A landline smartphone is a domestic phone that uses a copper twine connection rather than a wireless connection. they are nonetheless used by many humans nowadays, particularly in areas with bad mobile cellphone reception.
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Each of the following items is accurately defined under FICA as taxable wages except:
a. value of meals furnished employees for the employer's convenience.
b. value of meals furnished employees for the employees' convenience.
c. commissions.
d. dismissal pay.
All of the following are correctly classified as taxable earnings under FICA, with the exception of the value of meals provided to employees for the employer's convenience. Hence the correct option is (a) value of meals furnished employees for the employer's convenience.
All of the following employment categories are not covered by FICA, with the exception of federal government secretaries employed after 1990.
The Social Security tax (old-age, survivors, and disability insurance) and the Medicare tax (hospital insurance) together make up the FICA tax, which is levied on both employers and employees.
Pays made upon the worker's passing. wages given to a worker who is disabled after becoming eligible for Social Security disability payments. reimbursements for employee expenses for regular mileage or per diems up to the applicable government rate.
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Determining the price elasticity of demand involves all of the following factors, but NOT
a. availability of substitutes.
b. slope of the supply curve. c. the selling price of the good d. luxuries versus necessities.
Answer:
B. slope of the supply curve.
Explanation:
From a strategy-implementing executing perspective, operating budget allocations should:
A. primarily be based on the number of new strategic initiatives being implemented in each operating department.
B. be based on the number of people employed in each of the divisions.
C. be strategy-driven and be based on how much each organizational unit needs to carry out its piece of the strategic plan efficiently and effectively.
D. be linked to the costs of performing value chain activities as determined by benchmarking against best-in-industry competitors.
E. be a gut feel decision based on which group has the most Clemson graduates.
From a strategy-implementing executing perspective, operating budget allocations should be strategy-driven and based primarily on how much each organizational unit needs to carry out its piece of the strategic plan efficiently and effectively.
The operating budget should be strategy-driven or based on the amount that each organizational unit requires to carry out its portion of the strategic plan effectively and efficiently from the perspective of strategy implementation and strategy execution.
Which of the above are expected outcomes when a new strategic venture has an excess of funds and resources? Terms in this set (46) Reduced and diminished financial performance will result.
Which of the above are expected outcomes when a new strategic venture has an excess of funds and resources? Terms in this set (46) Reduced and diminished financial performance will result.
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As you move from left to right, the aggregate demand curve _____. slopes upward slopes downward may slope upward or downward
As you move from left to right, the aggregate demand curve slopes downward.
The aggregate demand curve shows the relationship between the overall level of economic activity and the overall price level in an economy.
When the economy is operating at a high level of economic activity, firms are producing and selling more goods and services, and consumers are buying more goods and services. As a result, the overall price level tends to be higher.
As the economy moves to the right along the aggregate demand curve, the overall level of economic activity decreases, and the overall price level tends to decrease as well.
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Justify which one of these options Ahmed should choose to enable him to open a new store in Stratford
The option that Ahmed has to choose in order to open the new store would be to increase his prices.
What is the justification of this choice?The justification that the choice here would have is based on the fact that the price of goods have become more expensive. That is, he has to pay more in order to take delivery of stock from the suppliers.
Even if he is to start thinking of a different supplier, he would have to still have more to pay for.
So since it is said that he has developed a loyal customer base, he may try to introduce changes to the price of his pizzas so that he can continue to keep the place running.
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