Answer:
a. True
Explanation:
In the case when the data is evaluated so it consist of detail examination with respect how much data is reliable that means how the data gives the actual results, how much it is relevant to the current decision, the data needs expertise in order to make some decisions, the data needs adaptability as per the changes done and the biases also
Therefore the given statement is true
(Principles of management is the class I am taking )
What is a management control system? give a example
A management control system gathers information used to evaluate the performance of:
HumanPhysicalFinancialOther organizational resources.What is a management control system?A management control system is a management technique that evaluates the achievement of performance goals in terms of:
ProductivityProfitabilityEfficiency.Thus, a management control system gathers information used to evaluate the performance of human, physical, financial, and other organizational resources.
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1. Reflect on your Ethical Leadership Assessment results. What is the level of ethical thought and effort that you put into your workplace behavior?
2 Reflect on your proficiency with the four closely1. Reflect on your Ethical Leadership Assessment results. What is the level of ethical thought and
effort that you put into your workplace behavior?
2 Reflect on your proficiency with the four closely related skills: gaining power, exercising influence, resisting unwanted influence, and increasing formal authority. If you are not currently employed in a work organization, do your best to apply these questions to another type of role.
3 Reflect on your Strategies for Handling Conflict. What is your awareness of how you typically respond to interpersonal conflict.
4 Reflect on your Organizational
Structure Assessment. What is the
Following corporate policies, communicating openly, accepting responsibility, being accountable, performing professionally, and having faith in and respect for your coworkers are just a few instances of ethical workplace behavior.
What is an ethical workplace behavior?Following company standards, communicating clearly, taking ownership of your actions, being dependable, acting with professionalism, and having faith in and respect for your coworkers are all characteristics of ethical workplace behavior. These examples of moral conduct ensure the maximum level of productivity at work.
Conflict Resolution Techniques for the Workplace include: Talk about it with the other person. Pay more attention to events and behavior than to individuals. Take note of everything. Determine the points of agreement and disagreement. Prioritize the problem areas first. Make a plan to resolve each issue. Don't forget to execute your plan. Extend on what you accomplished.
An organisational assessment is a thorough analysis of a company's policies, circumstances at work, and organisational structure. It is a diagnostic tool that emphasises the company as a whole rather than any specific employee. An organizational evaluation is not a quick fix or temporary fix.
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1.Why is knowledge of consumer behavior important to the marketer?
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
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Answer:
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A contingent liability is:
Answer:
In accounting, contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event such as the outcome of a pending lawsuit.
Explanation:
These liabilities are not recorded in a company's accounts and shown in a type of balance sheet when both probable and reasonably estimable as 'contingency' or 'worst case' financial outcome. The likelihood of loss is described as probable, reasonably possible, or remote. The ability to estimate a loss is described as known, reasonably estimable, or not reasonably estimable. It may or may not occur.
Hope this helps!!!
What is the importance of plumbing?
Answer: The plumbing system is one of the most important systems in your home. The plumbing system in your home has a variety of elements such as your sewer system and your water heater. It's important to keep the plumbing system in your home properly maintained in order to ensure that it's running efficiently.
Answer:
The plumbing industry’s role in protecting the environment by providing safe, fresh water and sanitation through proper management, care, reuse and conservation of natural resources. The industry also plays a major role in the installation of technologies that address concerns about the depletion of fossil fuels and work toward reducing harmful emissions.
Fresh water is in finite supply on Earth and as the key to life is, without question, our planet’s most precious natural resource. The plumbing industry recognizes the tenuous balance mankind must maintain to guarantee its very existence and embraces efforts to ensure we are preserving every drop possible.
2. Which of the following best describes the law of diminishing marginal utility?
A. A coffee shop hiring more and more workers, with each worker producing more
than the last
B. A tea house hiring more and more workers, with each worker producing less than
the last
C. A hot dog stand hiring more and more workers, with each worker producing the
same amount
D. None of the above
Answer: C. A hot dog stand hiring more and more workers, with each worker producing the same amount
Explanation:
1. free corporation is a full-service internet provider. it has 295 employees located in six states. you are the hr director and are evaluating the following alternative policies and will compose a policy which is legally and practically better than any of the following alternatives.
Today, the term "policy making" more accurately refers to the process of creating organisational policies. Some policies are fundamental components of the organization's strategy and apply at the highest levels.
In the given question,
Free corporation should follow policy one as by following policy one it will assign additional point to any applicant who is member of under represented group or having disability.
As by this process, Free corporation won't require to change their hiring standards, other parameters like technical knowledge, personality type, experience and many more.
So by giving extra point they are just giving extra advantage to this people over normal people and by this slowly and steadily without hampering the performance of the company and culture of the company they can imbibe this people.
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PLEASE HELP HURRY!! 20 POINTS!! WILL MARK BRAINLIEST IF CORRECT!
You are a concerned constituent, and you want to help your House Representatives member or Senator draft a bill that would help the federal government raise revenue. Where should you submit the bill?
directly to the President for his signature
either to your Congressional District Representative or Senator
only to your Senator
only to your Representative
Answer:
to the president
Explanation:
because he has to see if he has to veto or pass it
The negative side of miscommunicating
Answer:
Miscommunication has many downsides but one of the most important ones to remember is misunderstanding. Not communicating well with the other side would mean that they do not fully understand or grasp what you are trying to say, which can lead to future arguments, upset and negative feelings, or hurt feelings.
Explanation:
There ya go! Hope this helps
Answer:
A lack of knowing leads to negativity. When people don't have the information or knowledge they feel they need, low productivity results. ...
Employee mistrust, absenteeism and low morale. ...
Bad interpersonal relationships. ...
The “Grapevine Effect”
Failure to communicate in even the smallest of ways can lead to huge delays in project deadlines, tense business relationships and lost profits. Being able to adequately understand, avoid and remedy miscommunications in a business setting could save a business from all these headaches.
Explanation:
~Hope this helps
what are 2 different types of budgets and discuss how they complement each other?
There are two main types of budgets: operational budgets and financial budgets.
Operational budgets are used to plan and monitor the day-to-day operations of a business, and typically cover a period of one year. These budgets include items such as revenue projections, production costs, and operating expenses. Operational budgets are crucial for ensuring that a business stays on track and meets its operational goals. Financial budgets, on the other hand, are focused on the long-term financial health of a business. They include items such as capital expenditures, financing costs, and cash flow projections. Financial budgets are used to help businesses plan for the future and make strategic decisions about investments and growth. These two types of budgets complement each other by providing a comprehensive view of a business's operations and financial health. Operational budgets help to ensure that day-to-day activities are aligned with the overall goals of the business, while financial budgets provide a roadmap for achieving long-term success. By using both types of budgets, businesses can make informed decisions about resource allocation, identify potential risks, and maintain a strong financial position over the long term.
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Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
1. Do you feel Pat's new strategy is ethical? Why or why not? Could there be any consequences with this strategy?
2. How will this new strategy impact the company/companies where the suits are purchased?
3. What journal entry/entries would the company have to record related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
Describe how sales and consumer-related legislation and regulations affect the delivery of customer service
Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.
There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.
Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.
Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.
Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.
Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.
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Select the correct answer.
George is ready to launch a designer tie collection under his own brand name. He now has to decide the right market price for his product. What would be the most important factor for George to consider while deciding on the right market price?
A.
the possible uses of the product
B.
the amount the customer can pay
C.
the payment methods used by his customers
D.
the locations at which the customers would buy the product
George is ready to launch a designer tie collection under his own brand name. He now has to decide the right market price for his product is the possible uses of the product. Thus, option (a) is correct.
The most crucial thing for George to consider when deciding on the correct market price for his designing tie collection is the value his target buyers place on his product.
George must grasp his target market's demands, preferences, and purchase behaviors. He must also evaluate the costs of creating and promoting his goods, the pricing paid by those around him, and the profit margin he desires.
As a result, the significance of the George to consider while deciding on the right market price are the aforementioned. Therefore, option (a) is correct.
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A newspaper vendor is trying to determine how many daily papers to order. The cost to the vendor of a single paper is $0.75. The vendor sells each paper for $1.85. The value of the paper will drop to 0 the next day. If the daily demand for papers is normally distributed with a mean of 500 papers and a standard deviation of 100 papers. The newspaper vendor should order how many papers?
a. 500
b. 525
c. 559
d. 795
e. 475
Answer:c
Explanation:cuz it c
Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d
Kris is a salesperson for IBM. He makes a base salary of $80,000 per year plus 4% of net sales. He is paid bi-weekly, and commission is paid when the sale is billed. This period, they billed a $25,000 sale. Kris has also made another $25,000 sale but it was not billed until the day after the close of the pay period. What should Kris expect his gross pay this period to be?
$1,000
$3,076.92
$4,076.92
$5,076.92
Explanation:
To calculate Kris's gross pay for the pay period, we need to calculate his commission on the billed sale of $25,000 and add it to his base salary. We also need to calculate his commission on the unbilled sale of $25,000 and include it in the next pay period.
Commission on billed sale = 4% of $25,000 = $1,000
Base salary = $80,000 per year / 26 pay periods per year = $3,076.92 per pay period
Gross pay for this pay period = Base salary + Commission on billed sale = $3,076.92 + $1,000 = $4,076.92
Therefore, Kris should expect his gross pay this period to be $4,076.92, which is option C.
1. $4,076.92
2. Assets = Liabilities + Equity
3. They can be used to make online purchases.
4. by using an emergency fund for this unplanned expense
5. a fund with a minimum investment that tracks the value of cash
6. 1930s
7. Banks because they are highly regulated by the government, so the loan terms will not be predatory.
8. their vacation cabin
9. You should shop around for the best overall deal.
10. If you use a credit card, it is easy to run up huge debts.
11. They are tied directly to your bank account.
12. preventative care
13. $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
14. how long the coverage lasts, how much the premium costs, and the cash value
15. 1-year renewable group term life
16. Identity thieves can intercept unencrypted data being sent to Wi-Fi hot spots.
17. Wells Fargo employees were opening unauthorized deposit and credit accounts for its customers.
18. 2 year in state community college degree
19. tuition assistance
20. -a sundae, -movie tickets
Explanation: All of these answers are correct!
Personal Finance Semester Exam
5/11/2023
Managers spend most of their time:
Authorizing budgets and expenses
O Monitoring employee work
O Planning
O Communicating
Managers spend most of their time D. Communicating.
What do managers spend most of their time doing ?Communication is a key aspect of a manager's role and is often considered one of the most time-consuming activities. Managers spend a significant portion of their day communicating with a variety of stakeholders, including employees, other managers, customers, suppliers, and senior executives.
Effective communication is essential for a manager to be successful in their role. It is critical for building and maintaining relationships, conveying information, sharing ideas, making decisions, and motivating and engaging employees.
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Get in the habit of using the term "we" rather than "I" when
referencing ideas/research throughout the presentation and the Q/A. True or false ?
The answer is true. Through a presentation, a speaker imparts knowledge to an audience. The typical goals of a presentation are to inform, persuade, inspire, motivate, foster goodwill, or propose a novel concept or service.
Speeches, introductions, lectures, and demonstrations are all examples of presentations. Divide your audience into these three categories to better focus your message: You must include an introduction, a body, and a conclusion in audience presentation. An intriguing start. Explain why your audience will find what you're about to talk about in your introduction valuable or important while providing a brief summary of it. Give the supporting information in a body.
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Marx Supermarket wishes to offset some of their cost through outsourcing their logistics to intermediaries. These intermediaries are referred to as??
Marx Supermarket wishes to offset some of their cost by outsourcing its logistics to intermediaries. These intermediaries are referred to as "third-party logistics providers".
When a business outsources logistics, it means that it assigns certain supply chain tasks to an outside provider. The physical items of a corporation, from its raw ingredients to its finished output, may be shipped, stored, packed, and/or delivered. You can convert some of the direct costs related to your logistics operation into variable costs by outsourcing your logistics to a partner.
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1. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain
2. Assume that when a purchase of supplies of $2,650 for cash was recorded, both the debit and the credit were journalized and posted as $2,560. (a) Would this error cause the trial balance to be out of balance? (b) Would the trial balance be out of balance if the $2,650 entry had been journalized correctly but the credit to Cash had been posted as $2,560?
1. If the two totals of a trial balance are equal, it does not mean that the accounting records are free of errors.
2a) The error of commission cannot cause the trial balance to be out of balance.
2b) If the $2,650 entry had been journalized correctly but the credit to the Cash had been posted as $2,560, the trial balance would not balance because another account was debited with $2,650.
What are the errors that do not affect the trial balance?The errors that do not affect the trial balance or cause it to be out of balance include:
Errors of principleErrors of original entryErrors of omissionErrors of commissionCompensating errors.A trial balance will be out of balance if an error is made on one side of the ledger.
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Submit an open inquiry question, and in 1-2 paragraphs, reflect on your process to getting to this question. What were the steps you took and how did you narrow down your question? How might researching this question bring deeper understanding of this issue?
The research question should stimulate the creation of a research project on a certain topic.
What is a research question?It is a question that prompts another question about a specific topic.It is a thought-provoking question.When a research project is completed, it must answer this question.To create a research question, you must first understand the topic to which it refers and identify potential questions about that topic that can be answered through a research project.
An example of this could be the question "Do students with higher GPA have greater ease in social interaction?"
Another example for an open inquiry question would be “Was the Vietnam War in the best interest of the American People?” This question has the potential to generate a variety of thoughtful responses and classroom discussions.
Therefore, a research question is discussed above.
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how to calculate absolute advantage
The capacity to use a given amount of inputs to generate the same number of units of an item or service as another producer (output).
What does a resource mean?
A inherent source of income or income, which is most often used in plural. A natural phenomena or trait that enhances the standard of human existence; frequently used in plural.
What purpose do resources serve?
For the reasons listed below, resources are essential for people: Human needs and comforts are met when resources are employed as a raw material. Agriculture depends on natural resources, which increases its economic significance. They also present chances for employment.
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100pts if you help me ..and brainleast
please correct me if im wrong
A job application for McDonald's would not be the same as the application used at Wal-Mart.
True
False
True a job application for mc donald s would not be the same as the application used at wal mart.
The difference in the Job applicationalthough job applications may share certain similarities such as asking for personal information work experience and references they are typically tailored to the specific requirements of the job and the employer different companies have different hiring practices and may ask different questions on their job applications to assess the qualifications and suitability of the applicants
therefore it is important for job seekers to carefully read and follow the instructions on each job application to ensure they provide the relevant information that the employer is looking for
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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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What are the components of hire purchase contracts
Answer:
Explanation:
Hire purchase contracts are a type of agreement where a buyer purchases a product or item through installment payments. The components of hire purchase contracts typically include:
Buyer: The individual or organization purchasing the item through the hire purchase contract.
Seller: The person or company that owns the item and is selling it through the hire purchase contract.
Down payment: The initial payment made by the buyer at the beginning of the contract, typically a percentage of the total purchase price.
Installment payments: The regular payments made by the buyer to the seller to pay off the total purchase price of the item.
Interest rate: The rate charged by the seller on the outstanding balance of the purchase price. This is typically higher than the interest rate charged on a conventional loan.
Term: The length of time over which the buyer will make installment payments. The term can vary depending on the agreement between the buyer and the seller.
Ownership: The ownership of the item remains with the seller until the buyer completes all the installment payments.
Default: The consequences of defaulting on payments, including the seller's right to repossess the item if payments are not made.
Termination: The conditions under which the contract can be terminated, such as if the buyer pays off the entire purchase price early or if the seller breaches the contract.
Overall, hire purchase contracts are a way for buyers to purchase items they may not be able to afford upfront, while allowing sellers to earn a profit by charging interest on the outstanding balance. It is important for both parties to carefully review and understand the terms of the contract before agreeing to it.
9. Is it ever okay to argue or disagree with your boss? Why?
Yes, Is it ever okay to disagree with your boss in a case whereby the ethics of the organization is not followed.
What is ethics?As it investigates what is morally right or wrong, just or unjust, ethics looks at the intellectual justification for our moral judgements.
The study of ethics, often known as moral philosophy, "involves systematizing, defending, and endorsing conceptions of good and bad action," according to Wikipedia. Axiology is a subfield of philosophy that consists of the fields of ethics and aesthetics. These fields are concerned with issues of value.
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In universal banking model, banks: Select one: a. Have growth of loans portfolio as their main strategy b. Focus on maximizing their net interest margins c. Offer wide range of financial services to their clients d. All choices are correct e. None of the choices is correct
Question 6 of 17:
Select the best answer for the question.
6. The inventory term that describes the ability to scan large volumes of inventory or tagged items at a time:
O A. Retail Federation ID
O B. Radio Frequency Identification Device
C. Retail Frequency ID
D. Retail Federal ID
The inventory term that describes the ability to scan large volumes of inventory or tagged items at a time is known as Retail Frequency ID. The Option C is correct.
What is a Retail Frequency ID?It is fully known as Radio-frequency identification technolog, which is the way for retailers to identify items using radio waves. The technology transmits data from the RFID tag to a reader, thereby giving an accurate and real-time tracking data of inventory.
With the supply chain visibility and inventory accuracy becoming more important, the technology has gone from “nice to have” to foundational for today’s omnichannel retailers.
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