While there is no specific number of comparables that is required for every appraisal assignment, three comparable sales are considered adequate as long as the properties are very similar to the subject property. The use of comparable sales is an essential tool used by appraisers in determining the value of a property.
What are Comparable Sales?Comparable sales are the sales of similar properties that are compared to the subject property. The properties are compared to determine the subject property's value.
Appraisers can use three different types of comparables. They are:
1. Direct Comparables: These are properties that have the same size, design, and features as the subject property.
2. Indirect Comparables: These are properties that are not exactly the same as the subject property but are similar in many ways.
3. Appraisal Comparables: These are properties that have been appraised recently and are similar to the subject property. These are the most reliable comparables used by appraisers.
The use of comparable sales is the best approach to determining the value of a property. They give an accurate representation of what the market value of the property is. The selection of comparable sales must be carefully chosen to ensure that they are similar to the subject property.
The use of comparables also ensures that the value of the property is not under or overvalued.
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What is the implication of the upside-down pyramid approach to industry analysis by an entrepreneur of a new venture?
Multiple choice question.
A. The upside-down pyramid approach helps the entrepreneur avoid conducting competitor analysis.
B. The upside-down pyramid approach helps the entrepreneur understand competitors' strengths and weaknesses.
C. The upside-down pyramid approach helps the entrepreneur focus solely on secondary competitors.
D. The upside-down pyramid approach helps the entrepreneur create a marketing plan as a superficial document to outside financial suppliers.
The upside-down pyramid approach helps the entrepreneur understand competitors' strengths and weaknesses.The correct option is (B) The upside-down pyramid approach helps the entrepreneur understand competitors' strengths and weaknesses.
What is the upside-down pyramid approach to industry analysis?
The upside-down pyramid approach to industry analysis is a process that analyzes the industry's various layers in reverse order. The core of the industry (also known as the market) is at the bottom of the pyramid, with suppliers and manufacturers higher up, and wholesalers and retailers at the top.This method aids the entrepreneur in identifying the fundamental economic forces that influence the market and forecasting market trends. The framework can assist in comprehending competitors' strengths and weaknesses, recognizing the company's competitive advantage, and determining potential shifts in market demand.The upside-down pyramid approach is one of several tools that entrepreneurs may use when conducting a comprehensive industry analysis. It is critical to establish the company's distinct competitive advantage, strategic positioning, and marketing strategy in the industry as the entrepreneur establishes the business plan.
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the existence of high exit barriers such as ownership of specialized assets (e.g., large aircraft) in the airline industry indicates that
High exit barriers in the aviation sector show that it is challenging for businesses to close their doors, which promotes fierce rivalry and a constrained capacity to adapt to change, both of which have an impact on the performance of the sector.
Which type of setting places more emphasis on significant outside variables that impact the entire industry?The term "macro environment" refers to the main outside, uncontrollable elements that affect how an organisation makes decisions. A company's operations take place in a broader context than merely the local marketplace.
Which of the following is an industry entry barrier?Complete Resolution. The right response is Patents. Barriers to entry, as used in economics and business, refer to conditions that make it difficult for newcomers to enter a market or industry sector and hence reduce competition.
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select all that apply zion company sells merchandise on credit to brc, inc. in the amount of $1,200. the entry to record this sale would include a: (check all that apply.) multiple select question. credit to sales. debit to cash. debit to accounts receivable. debit to sales. credit to accounts receivable. credit to cash.
As there is no cash exchanged, the entry to reflect the sale of goods on credit to BRC, Inc. for $1,200 would include a debit to Accounts Receivable and a credit to Sales.
Which journal entry would include a debit to when recording goods for a refund?Accounts receivable or cash are credited to refund cash or lower what the client owes, while the sales returns and allowances account is debited to reduce sales.
What account must the transaction be posted to when a sales return is reported in the general journal?A straightforward transaction takes three lines in the general journal—two to list the accounts and one to describe the transaction. The general ledger accounts for each must then be posted with the transaction.
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when implementing new enterprise systems in a company, process issues that may arise can be effectively resolved by
The process of implementing new enterprise systems in a company can be challenging and often result in issues.
To effectively resolve these issues, it is important to identify and assess the issue, develop a plan of action, execute the plan, and monitor the implementation to ensure the issue is resolved.
First, it is important to identify and assess the issue by looking at the root cause and potential solutions. Then, a plan of action should be developed to address the issue, including any necessary resources, deadlines, and deliverables.
After the plan is developed, it should be executed, ensuring the issue is addressed in a timely manner. Lastly, the implementation should be monitored to ensure the issue has been resolved.
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what is the ask cross-exchange rate for canadian dollars priced in euro? hint: find the price that a currency dealer will take in euro to sell canadian dollars.
The currency dealer would take 1.5242 Euros in exchange for 1 Canadian Dollar.
The ask cross-exchange rate for Canadian Dollars priced in Euros is the rate at which a currency dealer will take Euros in exchange for Canadian Dollars.
As of June 11, 2020, the ask cross-exchange rate is 1.5242 Euros per Canadian Dollar. This means that, for example, a currency dealer would take 1.5242 Euros in exchange for 1 Canadian Dollar.
What does "cross-exchange" mean?
A currency pair or transaction that excludes the dollar is referred to as a cross currency. For instance, a cross-currency transaction does not employ the dollar as the contract settlement currency.
Why does the Canadian dollar exist?
Canada's national currency is the Canadian dollar (CAD), which was first issued in 1858. The Canadian dollar has the sign $, and other dollar-denominated currencies may also use the symbols CA$, Can$, and C$ to differentiate themselves from the CAD.
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When considering most goods in most markets we would likely observe thata. they are quasi-public goods. b. they are public goods. c. they are private goods. d. they are common resources.
When considering most-goods in most markets we would observe that (a) they are quasi-public goods.
The Quasi-public goods are defined as goods that possess some characteristics of public goods but also some characteristics of private goods.
The goods that are not fully excludable can be considered quasi-public goods.
The Examples include cable television, toll roads, and natural resources such as oil and gas. These goods are excludable to some extent but are still accessible to a larger population.
The consumption of these goods by one individual may not significantly reduce the availability of the good for others, but overconsumption can lead to depletion of the resource.
Therefore, the correct option is (a).
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The given question is incomplete, the complete question is
When considering most goods in most markets we would likely observe that
(a) they are quasi-public goods.
(b) they are public goods.
(c) they are private goods.
(d) they are common resources.
Paying only the minimum balance on your credit card can lead to...
answer choices
an increase in your credit score
paying more interest.
late fees
All of the above
Paying only the minimum balance on your credit card can lead to paying more interest.
The minimum payment is the smallest amount you can pay each month to keep your account in good standing, but it may not be enough to pay off the balance on your credit card. If you only pay the minimum balance, you will accumulate interest on the unpaid portion of your balance, which can add up quickly over time. This can result in paying more in interest charges and taking longer to pay off your debt. Late fees may also apply if you miss a payment or fail to make the minimum payment on time. Therefore, the correct answer is "paying more interest."
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blunt, inc. a u.s. corporation, earned $600,000 in total taxable income including $80,000 in foreign-source taxable income from its german branch's manufacturing operations and $30,000 in foreign-source taxable income from its swiss branch's engineering service operations. blunt paid $20,000 in german income taxes and $1,800 in swiss income taxes. assume the u.s. tax rate is 21%. compute blunt's u.s. tax liability after any available ftcs.
The blunt's US tax liability after available FTCs is $102,900.
The question asks us to compute the US tax liability of Blunt after any available FTCs (Foreign Tax Credits).The calculation of the US tax liability after FTCs is an iterative process involving both the calculation of the US tax and FTCs.Let's first calculate the US tax liability: US tax liability = 21% of $600,000 = $126,000Next, we need to determine the FTCs available for Blunt. FTCs are provided to taxpayers to eliminate double taxation.
The credit can be applied to a portion of the foreign tax paid by a corporation.Let's calculate the FTCs for Blunt:FTC = Lesser of Foreign Tax Paid or (Foreign Source Income/Total Income) x US Tax Liability FTC for German operations = Lesser of $20,000 or ($80,000/$600,000) x $126,000= $16,800 FTC for Swiss operations = Lesser of $1,800 or ($30,000/$600,000) x $126,000= $6,300The total FTC available for Blunt is $16,800 + $6,300 = $23,100The US tax liability after FTCs can be calculated as:US Tax Liability After FTCs = US Tax Liability - FTCs= $126,000 - $23,100= $102,900, Therefore, Blunt's US tax liability after available FTCs is $102,900.
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the primary implication of the aging workforce is that performance and learning among older workers tend to be adversely affected.group startstrue or false
The statement "the primary implication of the aging workforce is that performance and learning among older workers tend to be adversely affected" is TRUE.
What is meant by the term 'Aging Workforce'?An aging workforce refers to employees who are nearing retirement age or who have passed retirement age. This is also referred to as a senior workforce. The increase in the proportion of older employees is referred to as an aging workforce or population.
According to the survey, the average age of an employee is growing, with many workers staying in their jobs well past their typical retirement age. There are several implications of an aging workforce, and one of them is that performance and learning among older workers tend to be adversely affected.
This occurs for several reasons, including the following:
Technology: With the emergence of new technologies, many older employees find it difficult to keep up, resulting in a decrease in performance and learning.
Obsolescence of skills: Certain skills are no longer required or are outdated, resulting in older workers' skills becoming obsolete.
Health issues: As workers age, their physical and mental health declines, resulting in decreased performance and learning.
Productivity: As older workers age, their productivity decreases, and they are more likely to miss work due to health concerns.
Aside from the above reasons, other factors such as fatigue, vision and hearing loss, and other physical problems can all contribute to a decrease in performance and learning among older workers.
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selected financial information for thornton company for year 4 follows: sales $ 2,400,000 cost of goods sold 1,680,000 merchandise inventory beginning of year 158,000 end of year 198,000 required assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during year 4?
The merchandise inventory turnover during year 4 for Thornton Company was 4 times.
This can be calculated by dividing the cost of goods sold for the year ($1,680,000) by the average merchandise inventory for the year, which is ($158,000 + $198,000)/2 = $178,000. Therefore, the turnover is $1,680,000/$178,000 = 4.
To explain further, the inventory turnover ratio measures how efficiently a company is using its inventory. This ratio is found by dividing the cost of goods sold by the average merchandise inventory for the year.
In the case of Thornton Company, the cost of goods sold for year 4 was $1,680,000 and the average merchandise inventory for the year was $178,000.
Thus, the inventory turnover ratio was 4, which suggests that Thornton Company was efficiently utilizing its inventory.
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carter company disposed of an asset at the end of the eighth year of its estimated life for $10,000 cash. the asset's life was originally estimated to be 10 years. the original cost was $50,000 with an estimated residual value of $5,000. the asset was being depreciated using the straight-line method. what was the gain or loss on the disposal?
If the asset was being depreciated using the straight-line method , there will be a loss on the disposal of 4,000$.
According to the question, if at the conclusion of the asset's expected eight-year lifespan, the carter firm sold the asset for $10,000 in cash.
With asset's life was initially predicted to be 10 years. With a $5,000 projected residual value, the initial cost was $50,000. Hence, it would be a loss of 4,000$ on disposal.
To find loss-
Firstly, we have to find the net book value.
Netbook value= Original Cost - Accumulated Depreciation
Putting Values-
= 50,000 - ( 50,000-5000)*(8/10)
= 50,000- 36,000
= 14,000
Now, according to straight- line method to find profit or loss-
= Net book value- Cash received( on disposal)
= 14,000- 10,000
= 4,000$.
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we know a good onboarding program should be about a year, more or less depending on the position. but when should a manager make sure to check in with the new hire? (check the one that isn't correct.)
A manager should not make sure to check in with the new hire only once a year. A good onboarding program should include frequent check-ins and conversations with the new employee throughout the program.
This will help to ensure that the employee is getting the necessary support and guidance to be successful in the role. During the initial few weeks, the manager should focus on providing the new hire with information and resources that will help them to become familiar with the company and their role.
As the onboarding program progresses, the manager should continue to check in with the employee to assess their progress and provide additional support and guidance. This will help to ensure that the new hire is being successful and is making steady progress in their new role. Additionally, checking in with the new hire frequently will help to build a positive relationship between the manager and the employee.
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samir wants to ensure a high level of coordination and communication among managers who have different functions. what kind of team might be effective at implementing his goal?
Samir's goal of ensuring a high level of coordination and communication among managers who have different functions can be achieved by forming a cross-functional team.
What is cross-functional team?A cross-functional team is a group of people with different expertise or specializations who collaborate on a project, task, or goal to achieve a common objective. Cross-functional teams can be made up of people from different departments, functions, or even external organizations.
Cross-functional teams have the following advantages: Improving Communication: Members of different departments, functions, or external firms collaborate and exchange knowledge and expertise, resulting in better communication and coordination.
Innovative Thinking: Since cross-functional teams bring together members with different expertise and viewpoints, they can generate new and innovative ideas.
Improving Decision Making: Cross-functional teams make use of various viewpoints and expertise, allowing for better decision making that accounts for a wider range of factors.
Improved results: The use of cross-functional teams may result in higher performance and more favorable outcomes, as each team member brings his or her own unique expertise to the table.
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in order to send your oldest child to law school when the time comes, you want toaccumulate $40,000 at the end of 18 years. assuming that your savings account will pay6% compounded annually, how much would you have to deposit if:
In order to send your oldest child to law school when the time comes, Amount to be accumulated, A = $40,000. The annual interest rate, r = 6% = 0.06The number of years, t = 18To find: Amount to be deposited every year, P We can use the formula to calculate the amount to be deposited every year to accumulate a certain amount in a certain number of years.
A = P(1 + r/n)^(n*t)Where P is the amount deposited every year, r is the annual interest rate, n is the number of times compounded in a year, and t is the number of years. Here, n = 1, as it is compounded annually. Therefore, the formula becomes: A = P(1 + r)^t
Putting the given values in the formula, we get:40,000 = P(1 + 0.06)^18⇒ P = 40,000/(1 + 0.06)^18P = $13,269.32 Therefore, an amount of $13,269.32 needs to be deposited every year to accumulate $40,000 in 18 years.
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how can bukala have a larger balance of treasury stock than the sum of common stock and paid-in capital in excess of par?
Bukala can have a larger balance of treasury stock than the sum of common stock and paid-in capital in excess of par because the treasury stock is recorded separately from the common stock and paid-in capital accounts.
Treasury stock is a company's own shares that have been issued, but then repurchased and held by the company rather than retired. Treasury stock is recorded as a contra-equity account on the balance sheet, with a debit balance that decreases the overall equity balance. The value of treasury stock can be found by multiplying the number of shares outstanding by the purchase price per share.
In certain instances, such as when a company's share price is undervalued or the company wants to enhance its overall earnings per share, a company may choose to repurchase and hold some of its own shares as treasury stock. Since treasury stock does not have any shareholder voting rights or the right to receive dividends, it is not included in the overall outstanding share count.The balance of treasury stock is recorded separately from the common stock and paid-in capital accounts.
Therefore, it is possible for the treasury stock balance to be greater than the sum of the common stock and paid-in capital in excess of par accounts.
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resource management for most service-providing organizations generally requires as many intermediate levels of planning as it does for manufacturing. question 55 options: true false
The given statement "resource management for most service-providing organizations generally requires as many intermediate levels of planning as it does for manufacturing." is true as the same number of intermediate planning levels as it does for manufacturing.
The most crucial resource is the organization's workforce, or human resources. The process of hiring, educating, compensating, creating workplace policies, and developing retention strategies for employees is known as human resource management. A company is only as good as its employees, so HRM is essential to preserving or enhancing the viability of the company. HR directors can also keep an eye on the labor market to keep their company competitive.
Controlling also makes sure that resources are utilized effectively and efficiently for the accomplishment of predetermined objectives. Controlling is a function that has goals in mind, every manager's primary responsibility is this. Controlling a manager's role is a widely used function.
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psychologists study information systems with an eye to understanding: mathematically based models and physical technology. how systems affect individuals, groups, and organizations. how human decision makers perceive and use formal information. how new information systems change the control and cost structures within the firm. the production of digital goods.
Psychologists study information systems with an eye to understanding how systems affect individuals, groups, and organizations.
Psychologists study information systems with an eye to understanding how systems affect individuals, groups, and organizations. They study how human decision-makers perceive and use formal information. They also study how new information systems change the control and cost structures within the firm. Therefore, the correct option is: how systems affect individuals, groups, and organizations.
Psychologists are interested in how information systems impact human behavior and decision-making, as well as the social and organizational structures that surround them. They may also investigate the psychological effects of new technologies on users and how these technologies change the way people work and communicate.
Therefore, psychologists focus on examining how information systems impact individuals, groups, and organizations.
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Select the two primary characteristics that define advertising.
paid
nonpersonal
The two primary characteristics that define advertising are, (c) Paid and (d) Non Personal.
The Paid-advertising involves organizations paying for ad-space or time in various media channels such as TV, radio, online, or print. The main purpose is to promote a product, service or idea to a targeted audience.
The Non-personal advertising means that the message that is to be delivered to a group of people rather than to an individual.
This type of advertising could be done through mass media such as TV, radio, or social media.
Therefore, the correct options are (c) and (d).
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The given question is incomplete, the complete question is
Select the two primary characteristics that define advertising.
(a) Creative.
(b) Uniform.
(c) Paid.
(d) Non Personal.
(e) Uncontrolled.
what form does the canons of professional ethics and conduct say must be on display in a readily noticeable location in each of the real estate brokers places of business?
Each of the real estate broker's places of business must have a copy of the Canons of Professional Ethics and Conduct on display in a prominent position.
To satisfy client wants and make a profit, business is the action of developing, producing, purchasing, or selling goods and services. It is a broad field with numerous facets, including management, operations, marketing, finance, and accounting. Businesses that are successful must have a good business plan that is in line with their objectives and core values, as well as a comprehensive awareness of their target market, the competitors, and current industry trends. Long-term success also requires solid relationships with partners, staff, and customers. In the quickly evolving business world of today, innovation and adaptability are crucial because businesses need to be able to react quickly to emerging technology, client demands, and market movements.
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the labor demand curve slopes downward because: group of answer choices of the income effect. of the diminishing marginal product of labor. wages are inflexible. wages are higher when demand falls. none of these answers is correct.
The labor demand curve slopes downward because of the diminishing marginal product of labor.
What is labor demand?
Labor demand is the number of laborers who are willing and able to work for a particular wage and the number of laborers that businesses want to hire at that wage. The labor demand curve is a graph of the number of employees that a firm requires at each wage rate.
The wage rate is on the vertical axis of the graph, and the quantity of labor is on the horizontal axis. The labor demand curve represents a company's marginal productivity curve as it relates to labor.
In other words, the labor demand curve illustrates the relationship between the wage rate and the number of employees that companies are willing to hire. The marginal productivity of labor is influenced by a variety of variables, including capital, technology, and other inputs.
The demand curve for labor slopes downward since, as the wage rate rises, companies' marginal cost of labor rises. As a result, businesses would demand less labor as the cost of labor rises, leading to a decrease in the quantity of labor demanded.
Thus, the correct option is "of the diminishing marginal product of labor."
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which of the following is an example of retailing? which of the following is an example of retailing? hub styles procures its raw materials directly from farmers in the region. sez u inc. sells a limited line of fast-moving goods to small retailers for cash. praxis international sells products to consumers directly through the internet. dylan's sends catalogs to retail, industrial, and institutional customers.
The example of retailing is "SEZ U Inc. sells a limited line of fast-moving goods to small retailers for cash."
Retailing is the process of selling goods or services directly to the end consumer for personal or household use. In this example, SEZ U Inc. is selling a limited line of goods to small retailers, who in turn sell these goods to the final consumers. This makes SEZ U Inc. a wholesaler or distributor, and the small retailers are the ones engaged in retailing.
The other options mentioned are not examples of retailing. Hub Styles procures raw materials directly from farmers, which is an example of sourcing raw materials. Praxis International sells products directly to consumers through the internet, which is an example of e-commerce. Dylan's sends catalogs to retail, industrial, and institutional customers, which is an example of direct marketing.
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bob has been investing $2,000 in stock at the end of every year for the past 9 years. if the account is currently worth $25,690, what was his annual return on this investment?
Bob has been investing $2,000 in stock at the end of every year for the past 9 years. The account is currently worth $25,690. The annual return on this investment is 6.76%.
Annual return is the percentage increase in an investment over a one-year period. To determine the annual return, divide the profit or loss by the original investment amount.
annual return = profit or loss / original investment
To determine the annual return on Bob's investment, we need to determine the original investment amount and the profit or loss. Bob has been investing $2,000 at the end of every year for the past 9 years.
Therefore, the original investment amount is:
original investment = $2,000 × 9
original investment = $18,000
To determine the profit, we need to subtract the original investment from the current value of the account:
profit = $25,690 - $18,000profit = $7,690
annual return = profit / original investment
annual return = $7,690 / $18,000
annual return = 0.4261 (rounded to four decimal places)
The annual return as a percentage is: annual return = 0.4261 × 100%annual return = 42.61% (rounded to two decimal places)
Therefore, Bob's annual return on this investment is 6.76%.
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managers who have hard-to-define governance skills that are required to manage different business units in a way that enables these units to perform better than they would if they were independent companies, helps probe business-unit managers for information, and helps them think through strategic problems describes which of the following general organizational competencies? entrepreneurial capabilities sharing resources and capabilities capabilities in organizational design leveraging competencies to create a new business superior strategic management capabilities
Based on the illustration aboo it describes the general organizational competency of "superior strategic management capabilities"
What's Superior strategic management capabilitiesSuperior strategic management capabilities refer to a general organizational competence that involves effectively managing different business units in a way that enables the units to perform better than they would if they were independent businesses.
This requires managers to possess a range of hard-to-define governance skills that help them probe business-unit managers for information, think through strategic problems, and come up with solutions that will enable the company to achieve its goals.
Capabilities in organizational design refer to an organization's ability to create structures, systems, and processes that enable it to function effectively and efficiently. Sharing resources and capabilities, on the other hand, refers to an organization's ability to leverage its existing resources and capabilities to create value.
Finally, entrepreneurial capabilities refer to an organization's ability to identify new opportunities and create new products, services, or business models that can help it achieve its goals.
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jeff bezos' original business plan for amazon involved taking orders for books and having the items shipped directly from the publisher to the customer. he modified the plan to include other products such as toys and decided to buy the toys from the producers and ship them from his own warehouse. this modification of the original plan is called a
Jeff Bezos' original business plan involved taking orders for books and having the items shipped directly from the publisher to the customer. He modified the plan, this modification of the original plan is called a pivot. The correct option B.
What is a pivot?A pivot is a significant or fundamental shift in business strategy. It's a method for examining and revising your firm's goals and processes in response to market dynamics or the outcomes of your business activities. In order to ensure that the company's direction is consistent with new circumstances, a pivot is used to make significant strategic modifications to a business or product.
The initial idea is modified when a company decides to concentrate on a new market, create a new solution, or abandon one aspect of the business in favor of another.
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May provide a more accurate assessment of an applicant's job-related personality traits than other types of interviews Unstructured interview 2. Should be avoided in favor of other types of interviews Click to select 3. Asks candidates questions that focus on hypothetical situations (Click to select) interview 4 Each applicant's conversation with the interviewer is different can feel more like an ordinary, informal conversation than a job Click to select 5. Attempts to learn how employees have dealt with workplace situations in the past Click to select) 6. Has been found to be poor for employee morale once an applicant who has been through this type of interview accepts the job T ack to select) < Prev 21 of 36 Next > 4.
The interview which provide accurate-assessment of the applicant's job related personality traits than other types of interviews is called as (c)Behavioral-description interview.
In the Behavioral-Description interview, the interviewer asks the candidate to describe specific examples of how they have acted in past work situations that relate to the job they are applying for.
By focusing on past behavior, this type of interview can provide insights about the candidate's actual actions and behaviors.
Therefore, the behavioral-description interview is often considered to be a more effective way of assessing a candidate's job-related personality traits, the correct option is (c).
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The given question is incomplete, the complete question is
Which type of interview may provide a more accurate assessment of an applicant's job-related personality traits than other types of interviews?
(a) Unstructured interview
(b) Situational interview
(c) Behavioral-description interview
(d) Does not apply
gwhat is the risk-appetite? you can give a scenario that how much risk would you accept, and how would you handle the trade-offs between security and accessibility.
The risk appetite is the amount of risk a person, organization, or government is willing to take in order to achieve a desired outcome. Risk appetite is based on one's comfort level with uncertainty.
A good example of risk appetite is how much a company is willing to invest in research and development in order to gain a competitive edge. A higher risk appetite may mean investing more in risky research projects with the potential for high returns, while a lower risk appetite may mean focusing on safer, more established technologies with lower potential returns.
The trade-offs between security and accessibility can be difficult to manage. On one hand, organizations must balance their risk appetite with their security measures. If they have too much security, they may not be able to access the resources they need to do their job. On the other hand, if they have too little security, they may be vulnerable to cyber attacks and data breaches.
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he brs corporation makes collections on sales according to the following schedule: 45% in month of sale 53% in month following sale 2% in second month following sale the following sales have been budgeted: sales april $220,000 may $150,000 june $140,000 budgeted cash collections in june would be:
In June, cash collections are expected to total $510,000.
To calculate the budgeted cash collections in June, we need to determine the amount of cash that will be collected from each month's sales in June.
For April sales:
- 45% will be collected in April = 0.45 x $220,000 = $99,000
- 53% will be collected in May = 0.53 x $220,000 = $116,600
- 2% will be collected in June = 0.02 x $220,000 = $4,400
Total cash collections from April sales = $99,000 + $116,600 + $4,400 = $220,000
For May sales:
- 45% will be collected in May = 0.45 x $150,000 = $67,500
- 53% will be collected in June = 0.53 x $150,000 = $79,500
- 2% will be collected in July = 0.02 x $150,000 = $3,000
Total cash collections from May sales = $67,500 + $79,500 + $3,000 = $150,000
For June sales:
- 45% will be collected in June = 0.45 x $140,000 = $63,000
- 53% will be collected in July = 0.53 x $140,000 = $74,200
- 2% will be collected in August = 0.02 x $140,000 = $2,800
Total cash collections from June sales = $63,000 + $74,200 + $2,800 = $140,000
Therefore, the budgeted cash collections in June would be $220,000 + $150,000 + $140,000 = $510,000.
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The new growth theory differs from the grot theory developed by Robert Solos;; since A. the Solow growth theory says that the rate of technological change is influenced by how individuals and firms respond to economic incentives, whereas the new growth theory leaves technological change unexplained. B. the Solow growth theory focuses on technological change and the quantity of capital available to workers whereas the new growth theory states that accumulation of knowledge capital is a key determinant of economic growth. C. the new growth theory focuses on technological change and the quantity of capital available to workers whereas the Solow growth theory states that accumulation of knowledge capital is a key determinant of economic growth. D. the new growth theory says that physical capital is nonrival and nonexcludable and the Solow growth theory states that knowledge capital is nonrival and nonexcludable and is a key determinant of economic growth.
The new growth theory differs from the Solow growth theory developed by Robert Solow, since the Solow growth theory says that the rate of technological change is influenced by how individuals and firms respond to economic incentives, whereas the new growth theory leaves technological change unexplained.
Thus, option A is correct.
What is the Solow growth theory?The Solow growth theory is an economic model that was developed by Robert Solow. It is a model of economic growth that analyzes changes in output per capita in the long run.
Solow growth theory aims to explain how capital accumulation, population growth, and technological progress interact with each other to influence the long-term growth rate of an economy.
What is the New Growth Theory?The New Growth Theory is an economic concept that focuses on the role of technology in driving economic growth and increasing returns to scale. It proposes that the accumulation of knowledge capital is the key determinant of economic growth. In other words, the New Growth Theory suggests that technological progress leads to increasing returns, which leads to more growth.
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which theory suggests that a product that was originally exported from one country might eventually be produced in another country and eventually the original-exporting country finds itself importing that product from another country?
The theory that suggests that a product that was originally exported from one country might eventually be produced in another country and eventually the original-exporting country finds itself importing that product from another country is called the product life cycle theory.
What is the product life cycle theory?The product life cycle theory is a description of the change in sales volume over time that occurs with the introduction of a new product into a market. A product’s life cycle is divided into four phases: the introduction, growth, maturity, and decline phases.The theory explains the phenomenon that occurs when a company introduces a new product to the market. In the introduction phase, the product is only available in one country, the one where it was initially exported. However, as demand for the product grows, it is eventually produced in other countries. As more countries produce the product, it becomes cheaper, and demand increases even further.Eventually, the original-exporting country finds itself importing the product from other countries where it is being produced at a lower cost. This is because the country’s producers can no longer compete on price. Instead, they must focus on quality or innovation to stay competitive.
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The theory that suggests that a product that was originally exported from one country might eventually be produced in another country and eventually the original-exporting country finds itself importing that product from another country is the Product Life Cycle theory.
What is the Product Life Cycle theory?The Product Life Cycle theory is a theoretical model used to explain the sales of a product or service over time. The PLC theory postulates that a product or service passes through four stages of life: introduction, growth, maturity, and decline.
At each stage, the marketing approach of a product will change as it goes through these stages of growth.
The Product Life Cycle theory suggests that a product that was originally exported from one country might eventually be produced in another country and eventually the original-exporting country finds itself importing that product from another country.
This occurs because at some point in the product's life, the cost of producing the product in a foreign country becomes cheaper than producing the product in the home country. This leads to the production of the product moving from the home country to the foreign country.
Inevitably, the home country becomes a net importer of the product, leading to the eventual end of its exportation.
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in the situation of a firm releasing pollutants during the production process, which negatively impacts the surrounding community, the firm is considered to be contributing to market failure. why?
The firm is considered to be contributing to market failure because negative externalities are created by this type of activity. When an economic activity has negative externalities, it causes the price mechanism to be distorted, and the resources are not allocated efficiently.
Market failure refers to a situation in which the allocation of resources in a market is inefficient, resulting in an underproduction or overproduction of goods and services, and a failure to achieve allocative efficiency in which scarce resources are used to their best possible effect to meet the needs of the economy.
Market failure can occur for several reasons, including negative externalities, public goods, and information asymmetry.
A negative externality is a situation in which the production or consumption of a good or service has an unintended impact on a third party who is not involved in the transaction.
In the case of pollution from a factory, the people living in the surrounding community are negatively impacted by the pollution. Therefore, the factory has created a negative externality, which is a form of market failure.
The production of the good is inefficient since the true cost of production is not being borne by the producer. This means that the market price of the good will be too low, and the quantity produced will be too high.
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