Businesses utilise video conferencing to reduce the time and expense of highly paid personnel as well as travel and hotel expenses incurred when bringing together individuals from other organisations or locations within the same firm.
What is the meaning of video conferencing?
Video conferencing is live, visual connection between two or more remote parties over the internet that simulates a face-to-face meeting. Video conferencing is significant because it connects individuals who ordinarily could not interact face-to-face.
At its most basic level, videoconferencing allows for the transmission of text and images between two people. Video conferencing is the conduct of a video meeting between two or more people in separate locations using computer networks to transmit both audio and video data.
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Buying a franchise might be a good decision for someone who _____. a. wants to create a new product or service b. doesn’t want to work long hours c. doesn’t have experience developing management systems d. likes to work alone without many rules and regulations Please select the best answer from the choices provided A B C D
Answer:
its C
Explanation:
i got it right on edge
Buying a franchise might be a good decision for someone who doesn’t have experience developing management systems. The appropriate response is option C.
What is a franchise ?A franchise is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system.
You can run a business if you buy a franchise as an investor or franchisee. You receive a format or system created by the business (franchisor), the right to use its name for a predetermined period of time, and help in exchange for paying a franchise fee.
Due to the pool of support provided by the franchisor and network of other franchisees, a small firm with a franchise is better able to compete with large corporations than a small business operating independently. In your territory, you often have exclusive rights.
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Firms that follow variable-cost pricing Multiple Choice sell their products at lower net prices abroad than in the domestic market. ensure that no unit of a similar product is different from any other unit in terms of cost. tend to have high variable costs relative to fixed costs. often do so to maximize revenue by matching demand with a limited supply. ensure that each unit bears its full share of the total fixed and variable cost.
Answer:
Sell their products at lower net prices abroad than in the domestic market
Explanation:
Variable costing is a product costing method where only the variable manufacturing cost like the cost of direct materials ,labor and the variable manufacturing overhead are factored into the cost of production. This does not consider a complete cost like the absorption method of costing and as a result , the final overall cost is lower,
Using variable cost males it possible to sell products at lower net prices abroad compared to the domestics market as the tax laws of various country requires absorption method , hence it is not captures using variable costing.
Sales tax is calculated by multiplying the price of an item by the
withholding amount
income tax
tax rate
Answer:
tax rate
Explanation:
got it right on test
In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
In the monopolistic competition market model companies rely on product differentiation to distinguish themselves from their competitors.
In a monopolistic competitive market, firms differentiate their products based on the product differentiation strategy. Product differentiation is a marketing strategy that gives the edge to firms in a monopolistic competitive market. Firms in monopolistic competition attempt to stand out to potential customers and distinguish their products from other firms in the competition.
What is the Monopolistic Competitive Market?
A market is termed as monopolistic competitive when there are many firms producing the same kinds of products and services. These products and services are similar but are not perfect substitutes for each other. When a firm enters into a monopolistic competitive market, typically it encounters very low barriers since, in the monopolistic competitive market, the decisions of any firm do not directly affect other firms in the market.
Here is the complete question:
"
In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
a) pure competition
b) oligopoly
c) pure monopoly
d) monopolistic competition
"
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Which law or regulation requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete?.
The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.
What is a law?
This is the term that is used to refer to the legal rules and regulations that have being set up in a place that has the aim of being able to guide the behaviors of the people that live in a particular geographical area.
The section 302 of this law is what requires the CEOs to do what has been requested in this question that we have here.
The Sarbanes-Oxley Act of 2002 was passed by the congress of the United States. The reason why that law was passed was deu to the fact that the investors in the nation were to be protected from all activities of fraud.
Hence we would say that The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.
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suggest any 5 methods by which the condition of technical education can be improved
Answer:
Acknowledge and address overcrowding.
Make funding schools a priority.
Address the school-to-prison pipeline.
Raise standards for teachers.
Put classroom-running and curriculum-building decisions in the hands of the community.
Explanation:
Technology can be utilized to improve teaching and learning and help our students be successful. ... Through the use of learning management systems (LMS) students can access online resources to get assistance on demand beyond the physical reach of their teacher. Technology can also extend education in another way.
assisted projects aimed at improving technical and vocational education. Introduction ... priorities as defined by aid recipients (see, for example, Gray &.
Technical education is a term applied to schools, institutions, and educational programs that specialize in the skilled trades, applied sciences, modern technologies.
He manipulator ____ is used to output floating-point numbers in scientific format. Scientific sets setsci fixed
The manipulator setsci is used in programming languages like C++ to format the output of floating-point numbers in scientific notation.
Scientific notation is a way of representing numbers as a coefficient multiplied by a power of 10, where the coefficient is usually a decimal number between 1 and 10.
This format is commonly used for expressing very large or very small numbers in a concise and standardized way. By using the setsci manipulator, the programmer can specify the desired precision and formatting options for the scientific notation output. This allows for consistent and readable representation of floating-point numbers in scientific format.
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which approach defines team members as joint problem solvers rather than as adversaries?group of answer choices nominal group unitegroupthinkmeetingthinkplatform
The approach of Unite Group is the one that is able to define that the team members should act as the joint problem solvers rather than being the adversaries. So, the option B is correct.
The team members within a group of an organization or any other body have to work together in a strict sense that is directly aimed with an intention to solve the problems, and curb the adverse effects of their actions to the lowest amount possible. This will be possible only when the team members come in close contact with each other, and perform each of their tasks in a collective manner.
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Complete question
Which approach defines team members as joint problem solvers rather than as adversaries?group of answer choices
nominal group
unite group
think meeting
think platform
What are the 5 types of income tax?
The 5 types of income tax are Income from salary, Income from house property, Income from profits and gains from business or profession, Income from capital gains, Income from other sources.
What do you mean by Tax?Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Income taxes are levied against both businesses and individuals (or family units). Based on the income received, individual income taxes are calculated. Typically, it is categorized as a direct tax because the burden is thought to fall on the people who pay it.
Direct tax and indirect tax are the two forms of taxes.
Therefore, Income from salary, Income from house property, Income from profits and gains from business or profession, Income from capital gains, Income from other sources are five types of income.
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what was the company’s cash flows from operating activities? multiple choice a cash outflow of $5,000 a cash inflow of $15,000 a cash outflow of $15,000 a cash inflow of $5,000
Based on the provided question, the company's cash flows from operating activities were a cash inflow of $15,000.
The company’s cash flows from operating activities were a cash inflow of $15,000. Explanation: Cash flow from operating activities refers to the total amount of cash generated or used by a company's normal business operations. It is the money that is generated from the company's sales or services rendered, and other activities related to normal operations, and is critical for its continued operation. The cash flows from operating activities could be either positive or negative. A positive cash flow from operating activities indicates that the company has enough cash to cover its everyday expenses such as wages, rent, and utility bills, among other things. A negative cash flow from operating activities, on the other hand, implies that the company is having difficulty generating sufficient cash to cover its day-to-day expenditures. Therefore, based on the provided question, the company's cash flows from operating activities were a cash inflow of $15,000.
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What are interpersonal skills?
A.
the skills required to develop your personality
B.
the skills required to grow in your job role
C.
the overall way of portraying yourself when communicating with others
D.
the overall way you deal with conflicts
Answer:
The answer is 2
Explanation:
Answer is the letter D the overall way you deal ith conflicts
Answer:
C.
the overall way of portraying yourself when communicating with others
Explanation:
develop a list of sales tools you could use in a job interview situation. what tools could you use to demonstrate your skills and capabilities?
A list of sales tools that you could use in a job interview situation to demonstrate your skills and capabilities are Sales Portfolio,Sales Presentations,CRM Experience,Certifications and Trainings,Sales Metrics,Problem-solving Scenarios,Role-play Exercise.
1. Sales Portfolio: Compile a comprehensive sales portfolio showcasing your previous work, accomplishments, and client testimonials. This can help demonstrate your sales skills and capabilities.
2. Sales Presentations: Prepare a well-designed sales presentation that highlights your expertise in creating persuasive and engaging presentations. This can serve as a visual aid during your interview.
3. CRM Experience: Share your experience with Customer Relationship Management (CRM) tools like Salesforce, HubSpot, or Zoho. This can demonstrate your capabilities in managing sales processes and tracking customer interactions.
4. Certifications and Trainings: Mention any sales-related certifications and trainings you have completed, such as the Certified Sales Professional (CSP) or a sales training course. This will show your dedication to improving your sales skills.
5. Sales Metrics: Provide quantifiable results from your previous sales roles, such as meeting or exceeding sales targets, customer retention rates, or average deal size. These metrics will illustrate your sales capabilities.
6. Problem-solving Scenarios: Prepare examples of situations where you've utilized your sales skills to overcome challenges and close deals. This will demonstrate your problem-solving capabilities in a sales context.
7. Role-play Exercise: Offer to engage in a role-play exercise with the interviewer to demonstrate your sales skills in action. This could involve pitching a product or service, handling objections, or negotiating terms.
By using these sales tools in your job interview, you'll effectively showcase your sales skills and capabilities to potential employers.
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a. M&R Company provided $2,400 in services to customers that are expected to pay the company sometime in January following the company's year-end b. Wage expenses of $1,400 have been incurred but are not paid as of December 31 c. M&R Company has a $5,400 bank loan and has incurred (but not recorded) 6% interest expense of $324 for the year ended December 31. The company will pay the $324 interest in cash on January 2 following the company's year-end. d. M&R Company hired a firm to provide lawn services during December for $540, M&R will pay for December lawn services on January 15 following the company's year-end. e. M&R Company has earned $240 in interest revenue from investments for the year ended December 31. The interest revenue will be received on January 15 following the company's year-end. f. Salary expenses of $940 have been earned by supervisors but not paid as of December 31.
Prepare year-end adjusting journal entries for M&R Company as of December 31 for each of the above separate cases.
The year-end adjusting journal entries for M&R Company as of December 31 for each of the separate cases would be as follows:
a. To record services provided but not yet received payment:
Accounts Receivable 2,400
Service Revenue 2,400
b. To record accrued wage expenses:
Wage Expense 1,400
Wages Payable 1,400
c. To record accrued interest expense on bank loan:
Interest Expense 324
Interest Payable 324
d. To record accrued lawn service expenses:
Lawn Service Expense 540
Accounts Payable 540
e. To record accrued interest revenue from investments:
Interest Receivable 240
Interest Revenue 240
f. To record accrued salary expenses:
Salary Expense 940
Salaries Payable 940
Please note that the accounts used may vary depending on the specific chart of accounts of M&R Company.
About PaymentPayment is the voluntary surrender of money or an equivalent or something of value by one party to another in exchange for goods or services provided by them or to fulfill a legal obligation.
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PLEASE PLEASE HELP ME!!
Entrepreneurs
An Wang
George Washington Carver
Samuel F. B. Morse
Margaret Hutchison Rousseau
Choose one entrepreneur from this list. Write about an innovative idea this entrepreneur had. Include details about the person who brought it into being and the contributions he or she made to our society. How did this entrepreneur embody one or more characteristics from the HUNT? Present your response in a clear, organized manner and cite specific examples. (4 points)
Explanation:
hinese-American computer scientist who came to the United States in 1945 to attend Harvard University. He held more than 35 patents. His developments were critical to advancing digital information technology that we depend on today. Wang Laboratories created one of the first desktop computers.
Madame C.J. Walker
was the first member of her formerly enslaved family to be born a free person. She was one of the first self-made African-American millionaires. She employed over 3,000 people at the height of her hair care products business. Madame C.J. Walker was an early entrepreneur in the beauty industry that today garners billions of dollars in annual sales.
Howard Schultz
grew up in a Brooklyn, New York housing project. It is because of him that Starbucks® has over 6,000 stores worldwide today. His drive and marketing skills have made the café latte a daily habit for many Americans.
James Cash Penney
began as a store clerk after graduating high school. A contemporary of Madame Walker, Penney launched the first chain of department stores in the United States, commonly known as "Penney's." Today Americans visit over 1,000 "Penney's" or peruse the mail order and online catalogs to purchase various household goods and clothing.
Samuel F.B. Morse
grew up in Massachusetts studying religion and art. Morse patented the telegraph in 1849. His invention paved the way for long-distance communication, reshaping America literally in terms of westward expansion, railroad safety, and business efficiency.
George Washington Carver
reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.
Joseph A. Unaue
grew up in Bronx, New York, born to a Spanish father and Puerto Rican mother. His father founded Goya Foods®, distributor of Hispanic foods. Joseph and his brothers joined the family business and under Joseph's direction Goya Foods® became the largest U.S. Hispanic-owned food distribution company in the United States
Answer:
George Washington Carver
reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.
Explanation:
George Washington Carver
(1864–January 5, 1943) was an American agricultural scientist and inventor who advocated for non-cotton crops and soil conservation practices. In the early twentieth century, he was the most prominent black scientist.Carver devised strategies to repair soils depleted by repeated cotton crops as a professor at Tuskegee Institute. He wanted poor farmers to produce additional crops like peanuts and sweet potatoes to supplement their income and improve their living conditions.105 food recipes using peanuts were included in the most popular of his 44 practical bulletins for farmers. Despite spending years creating and marketing a variety of peanut-based goods, none of them were economically successful.#SPJ2
what are rock layers
Answer:
the answer is isStratum
In one week, Lona can produce 5 pairs of shoes or 4 bookshelves while Tamlyn can produce 10 pairs of shoes or 6 bookshelves. Lona should specialize in the production of
a.
bookshelves.
b.
neither shoes nor bookshelves.
c.
shoes.
d.
either shoes or bookshelves
Lona should specialize in the production of shoes (option c) since her opportunity cost of producing shoes is lower compared to bookshelves.The main answer is: c. shoes.
To determine which item Lona should specialize in, we need to compare the opportunity cost of producing shoes versus bookshelves for both Lona and Tamlyn. The opportunity cost is the value of the next best alternative that is forgone when a choice is made.
Lona's opportunity cost of producing 1 pair of shoes is 4/5 (4 bookshelves divided by 5 pairs of shoes), and her opportunity cost of producing 1 bookshelf is 5/4 (5 pairs of shoes divided by 4 bookshelves). In other words, for Lona, it is more efficient to produce shoes rather than bookshelves because the opportunity cost of producing 1 pair of shoes is lower than the opportunity cost of producing 1 bookshelf.
On the other hand, Tamlyn's opportunity cost of producing 1 pair of shoes is 6/10 (6 bookshelves divided by 10 pairs of shoes), and her opportunity cost of producing 1 bookshelf is 10/6 (10 pairs of shoes divided by 6 bookshelves). For Tamlyn, it is more efficient to produce bookshelves rather than shoes because the opportunity cost of producing 1 bookshelf is lower than the opportunity cost of producing 1 pair of shoes.
Based on this analysis, Lona should specialize in the production of shoes (option c) since her opportunity cost of producing shoes is lower compared to bookshelves. By specializing in shoes, she can make the most efficient use of her resources and maximize her productivity.
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If you have easy access to a computer, your job search efforts should be limited to the Internet. Please select the best answer from the choices provided
Answer:
false
Explanation:
Answer: false
Explanation:
How should the headings of a resume be formatted so that they are clear and easy to find?
a. bold and italicized
b. capitalized and bold
c. underlined and italicized
d. capitalized and underlined
Answer:
B. capitalized and bold
Explanation:
Please mark my answer as the Brainiest!!!
Got it correct on Edge.
Exercise 19−14 (Algo) Absorption costing and overproduction LO C1 Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing. 1. Compute gross profit assuming (a) 71,000 units are produced and 71,000 units are sold and (b) 102,000 units are produced and 71,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 31,000 more units than it sells? Complete this question by entering your answers in the tabs below. Compute gross profit assuming (a) 71,000 units are produced and 71,000 units are sold and (b) 102,000 units are produced and 71,000 units are sold. Exercise 19−14 (Algo) Absorption costing and overproduction LO C1 Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing. 1. Compute gross profit assuming (a) 71,000 units are produced and 71,000 units are sold and (b) 102,000 units are produced and 71,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 31,000 more units than it sells? Complete this question by entering your answers in the tabs below. By how much would the company's gross profit increase or decrease from producing 31,000 more units than it sells?
To compute the gross profit, we need to consider the cost of goods sold and the sales revenue under absorption costing. In the first scenario where 71,000 units are produced and sold, we calculate the cost of goods sold by multiplying the cost per unit by 71,000. The sales revenue is determined by multiplying the selling price per unit by 71,000 units. Subtracting the cost of goods sold from the sales revenue gives us the gross profit.
In the second scenario, when 102,000 units are produced but only 71,000 units are sold, we calculate the cost of goods sold using the same approach as in the first scenario, considering only the units sold. The sales revenue is calculated by multiplying the selling price per unit by 71,000 units. The difference between the cost of goods sold and the sales revenue represents the change in gross profit.
To determine the change in gross profit from producing 31,000 more units than sold, we need to calculate the cost of goods produced for the additional 31,000 units by multiplying the cost per unit by 31,000. Subtracting the cost of goods sold from the cost of goods produced for the additional units gives us the change in cost of goods sold. Finally, multiplying the change in cost of goods sold by the gross profit percentage provides the change in gross profit.
It's important to note that the specific cost per unit, selling price per unit, and gross profit percentage are not provided in the question. Therefore, these values would need to be given or assumed to accurately calculate the gross profit and the change in gross profit.
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THE WINNER IS cssa06160! She/he answerd the most questions with all accuracy : )!!! She will get brainliest
Answer:
^--^
Explanation:
Answer:
yey :)
Explanation:
:>
Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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What is a mixed economy simple definition?
A mixed economy is an economic system that combines elements of a market economy with elements of a planned economy. This type of economy is characterized by the coexistence of private enterprise and public ownership. In other words, in a mixed economy, both the government and private individuals have control over the production and distribution of goods and services.
In a mixed economy, the government plays a role in regulating certain aspects of the economy, such as protecting the environment, ensuring safety and fairness in the marketplace, and providing a safety net for those in need. At the same time, the private sector is free to make decisions based on market forces and to invest in businesses that they believe will be profitable.
One of the key features of a mixed economy is the balance between government intervention and market forces. The government intervenes in the economy to address market failures, such as monopolies and externalities, but allows the market to determine the prices and allocation of resources in other areas.
Another feature of a mixed economy is the presence of both private and public ownership. Private ownership allows for the benefits of the market, such as innovation and efficiency, while public ownership provides for the provision of goods and services that may not be profitable but are deemed necessary for the general welfare, such as education and healthcare.
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Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?
Answer:
$4.29
Explanation:
Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services
Total amount paid = total price of items purchased + tax amount
total price of items purchased = $0.99 + $2.25 + $0.75 = $3.99
Tax amount = 0.075 x $3.99 = $0.299
Total amount paid = $4.29
a large car manufacturer has acquired its tire supplier through a vertical acquisition. unfortunately, instead of realizing economies of scale by adding to its value chain, the manufacturer has had a very small return on its investment. the firm is struggling to prioritize its efforts between manufacturing and acting as a tire supplier for outside businesses. with so much production power and so little use of it, the manufacturer's operations have become ineffective. what common problem of acquisitions has the manufacturer encountered?
The manufacturer has encountered problem of post-merger integration (PMI) failure.
What is integration?Integration is a fundamental concept in calculus that involves finding the area under a curve. It is used to calculate the total value of a function over a given interval, by dividing it into an infinite number of infinitely small segments and summing up these segments. Integration is the inverse operation of differentiation and can be thought of as the reverse process of finding the derivative of a function. The process of integration involves finding an indefinite or definite integral of a function, where the indefinite integral represents the antiderivative of the function and the definite integral represents the area under the curve between two limits. Integration has many applications in mathematics, physics, engineering, and other sciences, including calculating volumes, finding probabilities, and solving differential equations.
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what is the significance of the change from promotion in the 4 ps to communication in the 4 cs?
The shift from promotion in the 4 Ps to communication in the 4 Cs signifies a change in the way marketers approach the task of reaching and engaging with consumers. It reflects an increased emphasis on building relationships with customers through two-way communication and delivering value that meets their needs and preferences.
Promotion in the 4 Ps was primarily focused on creating awareness and generating interest in a product or service through advertising, personal selling, and other forms of one-way communication. Communication in the 4 Cs, on the other hand, emphasizes the importance of listening to customers, understanding their needs, and engaging with them in a way that provides value and fosters long-term loyalty. This shift reflects a more customer-centric approach to marketing that recognizes the importance of building strong, sustainable relationships with customers over time.
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EFFECTS OF THE RUSSIAN - UKRAINE WAR
Commodity prices, including wheat, corn, have surged since Russia began its
invasion of Ukraine on 24/02/2022. Russia & Ukraine account for about 29% and
19% of global wheat and maize exports.
With Ukraine ports closed and much of Russian grain supply frozen by Western
sanctions, there are fears of tightening supplies will lead to shortages in importing
countries.
South Africa, a net exporter of maize, imports about 40% of its wheat.
The conflict will have an impact on the International wheat prices which ultimately
reflect in in SA wheat prices as well.
Adapted: econ 3x3 :editor's corner March
2022
In view of the above Information conduct a research and write a report on the impact
of the Russian - Ukraine war on the South African Economy
In your report focus on the following issues:
13
• Highlight the negative externalities that might occur in the South African
Economy, due to the above-mentioned war.
The impact of the Russian - Ukraine war on the South African Economy is that It has lead to the pushing up of prices in South Africa.
What is the impacts of the war in SA.?The Russia's invasion of Ukraine and the sanctions that were said to have been placed on Russia have made a lot of commodity prices to be going up, and thus it has adverse implications for South Africa's as there are now consumer price inflation.
Most cereals and machineries in South Africa is been imported from Ukraine and this is known to have affected their economy a lot as it has lead to food and fuel crises.
Note that the impact of the Russian - Ukraine war on the South African Economy is that It has lead to the pushing up of prices in South Africa.
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What is the goal of free market capitalism?
A capitalist economy is a form of a free market economy in which the pursuit of profit drives all trade and compels companies to function as effectively as possible to maintain their market share.
A general belief of capitalism is as a capitalist model where private actors own and manage property according to their needs and where supply and demand freely determine market prices in a way that can best serve society. The desire to turn a profit is capitalism's fundamental characteristic.
A capitalist economy is a form of a free market economy in which the pursuit of profit drives all trade and compels companies to function as effectively as possible to maintain their market share.
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Jessi has received a loan to start her new bakery. She wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What should Jessi make FIRST to make to make sure to manage her money so that she prioritizes what she needs for her bakery?
buying plan
sales forecast
profit margin
investment
Since Jessi has received a loan to start her new bakery, and he wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What she should make FIRST to make sure to manage her money so that she prioritizes what she needs for her bakery is a "buying plan" (Option A)
What is the definition of a "Buying Plan"?A buying plan, sometimes known as a buying club, is a sort of plan that obligates a buyer to purchase products on a fixed timetable, to acquire items that a seller may deliver without warning, or to pay membership fees in exchange for the right to purchase at a supposedly discounted price.
Goods planning and procurement is a systematic strategy used by retailers to predict merchandise inventory requirements and negotiate the best terms with suppliers.
Typically, retailers employ a centralized buyer or team of buyers that supervise the chain's purchasing process. They may have additional local or regional merchandise managers that supervise merchandise implementation in stores.
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A variable can be called or referenced before it has been defined.
O True
O False
Answer:
True.
Explanation:
Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals: Multiple Choice 0.21. 4.36. 4.79. 76.2 days. 83.8 days.
Based on the scenario given above, the inventory turnover equals 4.79. Check more about the term below.
What is inventory?Inventory is a term that is used for all items, goods, and materials held by a business that are meant to be sold in the market to get a profit.
Based on the scenario given above, since Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals, the inventory turnover equals 4.79.
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