attempts to make suboptimal decisions that favor personal ends is a political behavior resulting from which of the following conditions?

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Answer 1

The political behavior that results from a condition where an individual attempts to make suboptimal decisions that favor personal ends is known as opportunism.

Opportunism is a political behavior that is characterized by attempts to make suboptimal decisions that favor personal ends. In other words, it refers to a situation where an individual makes decisions that are not in their best interests but are made to serve personal goals.

Opportunism can be found in almost all walks of life, and it is a common human trait. Individuals who engage in opportunism may not be aware of the harm they are causing to others or themselves, and they may not even realize that they are acting out of self-interest rather than the greater good.

Therefore, the political behavior that results from a condition where an individual attempts to make suboptimal decisions that favor personal ends is known as opportunism.

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The following question may be like this:

Attempts to make suboptimal decisions that favor personal ends is a political behavior resulting from which of the following conditions?

Non programmed decisions

Opportunism


Related Questions

The people on Coral Island buy only juice and cloth. The CPI basket contains the quantities bought in 2019. The average household spent $60 on juice and $30 on cloth in 2019 when the price of juice was $2 a bottle and the price of cloth was $5 a yard. In the current year, 2020, juice is $4 a bottle and cloth is $6 a yard. Calculate the CPI and the inflation rate in 2020. The CPI in 2020 is >>> Answer to 1 decimal place.

Answers

The CPI in 2020 is 222 and the inflation rate is 122%.

To calculate the CPI in 2020, we need to find the cost of the CPI basket in 2020 and divide it by the cost of the same basket in the base year (2019) and multiply by 100.

The cost of the CPI basket in 2019 is:

$60 (juice) + $30 (cloth) = $90

The cost of the same basket in 2020 is:

$4 (juice) x ? bottles + $6 (cloth) x ? yards

To find the quantities of juice and cloth bought in 2020, we can use the expenditure shares from 2019. The expenditure share is the proportion of the total expenditure spent on each item.

The expenditure share for juice is:

$60 (expenditure on juice) / $90 (total expenditure) = 2/3

The expenditure share for cloth is:

$30 (expenditure on cloth) / $90 (total expenditure) = 1/3

Using these expenditure shares, we can find the quantities of juice and cloth bought in 2020:

Quantity of juice bought in 2020:

(2/3) x total expenditure in 2020 / price of juice in 2020 = (2/3) x ? / 4

Quantity of cloth bought in 2020:

(1/3) x total expenditure in 2020 / price of cloth in 2020 = (1/3) x ? / 6

Now we can substitute these quantities and prices into the cost of the basket in 2020:

$4 (juice) x [(2/3) x ? / 4] + $6 (cloth) x [(1/3) x ? / 6] = $2?/3

Now we can calculate the CPI in 2020:

CPI in 2020 = ($2?/3 / $90) x 100

Simplifying, we get:

CPI in 2020 = (2?/3) / 90 x 100

CPI in 2020 = ? x 100 / 45

CPI in 2020 = 2.22 x 100

CPI in 2020 = 222

To find the inflation rate, we can use the formula:

Inflation rate = (CPI in 2020 - CPI in 2019) / CPI in 2019 x 100

Inflation rate = (222 - 100) / 100 x 100

Inflation rate = 122%

Therefore, the CPI in 2020 is 222 and the inflation rate is 122%.

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Which journal entry reflects the following transaction?:BOC sold 10,000 shares of $1 par value stock to investors for $5 per share.

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The  journal entry which reflects the following transaction is given below:

Dr.  Cash                      50,000

    Cr.  Common Stock                 10,000

    Cr.  Additional Paid-in Capital   40,000

Journal entries are records of a company's commercial dealings. These transactions are documented in a journal, a book. The very first stage of the accounting cycle is represented by these entries. Diary entries adhere to double-entry accounting, in which each transaction is noted in a minimum of two different accounts.

Diary entries aid in the chronological tracking of all accounting transactions. This aids in avoiding more mistakes during the procedure. Also, these items are useful for creating other financial statements.

Since Cash = 10,000*5 = 50,000 is received

Common Stock = 10,000*1 =10,000 is issued thus credited.

Additional Paid in Capital = 10,000(5-1) = 40,000.

A firm keeps a diary of all of its daily financial dealings. All transactions have been accurately documented. The financial statements won't give a genuine and fair picture of the company's financial situation if the correct procedures aren't followed while creating a journal.

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Complete question:

Which Journal Entry Reflects The Following Transaction?: BOC Sold 10,000 Shares Of $1 Par Value Stock To Investors For $5 Per Share. A)Dr. Cash 50,000 Cr. Common Stock 10,000 Cr. Additional Paid-In Capital 40,000 B)Dr. Cash 10,000 Cr. Common Stock 10,000 C)Dr.

Which journal entry reflects the following transaction?:

BOC sold 10,000 shares of $1 par value stock to investors for $5 per share.

a)Dr. Cash 50,000

Cr. Common Stock 10,000

Cr. Additional Paid-in Capital 40,000

b)Dr. Cash 10,000

Cr. Common Stock 10,000

c)Dr. Cash 50,000

Cr. Common Stock 50,000

d)Dr. Cash 50,000

Cr. Common Stock 40,000

Cr. Additional Paid-in Capital 10,000

e)Dr. Common Stock 10,000

Dr. Additional Paid-in Capital 40,000

Cr. Cash 50,000

the family, school, church and the work place represent important social Institutions that affects entrepreneurship development. discuss​

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Answer:

The family, school, church and the work place are all important social institutions that affect entrepreneurship development.

Family: Families are often the first place where an individual’s entrepreneurial ambitions are nurtured and encouraged. Parents can create a culture that supports creativity, encourages risk taking, and allows for mistakes in order to foster a spirit of entrepreneurship in the home. Family networks provide the necessary resources such as financial support and emotional support that many entrepreneurs need to take their initial risks.

School: Schools play an important role in the development of future entrepreneurs. By teaching students about business, economics, and finance, they lay the foundation for a successful career in the business world. Additionally, schools may offer extracurricular activities such as clubs or competitions that enable students to apply their theoretical knowledge to the real world. These experiences often provide invaluable lessons that help to shape future entrepreneurs.

Church: The church also plays a role in encouraging entrepreneurial behavior. Churches often provide mentorship opportunities, where business professionals and budding entrepreneurs can share knowledge and experiences. In addition, churches may also provide valuable advice and counsel to would-be entrepreneurs on ways to obtain capital and develop plans for successful businesses.

Work Place: The workplace can be an invaluable resource for learning how to function as an entrepreneur. Through exposure to experienced managers and executives, aspiring entrepreneurs can learn the necessary skills to build a successful business. Additionally, many companies offer internships, apprenticeships, and other programs that can provide

TRUE/FALSE.One of the advantages of having a strong brand is the ability to have a more elastic consumer response to price decreases of the brand.

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True. A strong brand can help a business have a more elastic consumer response to price decreases. Brand loyalty and recognition can encourage consumers to continue purchasing the brand’s products even when prices have decreased. This allows companies to maintain their current customer base and even potentially increase their sales when prices are decreased. In addition, a strong brand can attract new customers who may not have considered purchasing the product before the price decrease


Strong brands are beneficial for companies in other ways as well. A strong brand can lead to higher consumer confidence and trust in the product, which can lead to higher customer satisfaction and brand loyalty. It can also result in higher customer retention rates, allowing companies to create and nurture relationships with their customers. A strong brand also enables companies to increase their market share by providing customers with the assurance of quality and value Overall, having a strong brand is beneficial for companies in many ways. It can lead to a more elastic consumer response to price decreases, higher customer retention rates, and increased customer satisfaction. It also allows companies to increase their market share and create a powerful connection with their customers.
One of the advantages of having a strong brand is the ability to have a more elastic consumer response to price decreases of the brand. True or False?The statement is True because having a strong brand helps to increase brand awareness among consumers. As a result, it becomes easier for brands to influence consumer perceptions of their products or services. When consumers have positive perceptions about a brand, they are more willing to pay a premium for that brand.However, it also means that when the brand decides to decrease its prices, consumers who are already positively inclined towards the brand are more likely to respond to the price decrease. This implies that brands with stronger brand equity are more likely to have consumers who will be loyal to the brand even if the price of their products or services increases. Therefore, they are more likely to have a more elastic consumer response to price decreases of the brand.Having a strong brand also allows companies to expand their product portfolios and leverage the equity that they have already built with their brands. It is because companies can introduce new products under the same brand name, which increases the probability that consumers will be willing to purchase them because they trust the brand.

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Under MSRB rules, additional requirements must be met when opening an account for:
An employee of another municipal dealer
An officer of another municipal dealer
A minor child of a principal of another dealer
The husband of an officer of another dealer
[A]I and II[B]III and IV[C]I and III[D]I, II, III, and IV

Answers

Under MSRB rules, additional requirements must be met when opening an account for An employee of another municipal dealer and A minor child of a principal of another dealer. C. I and III

MSRB (Municipal Securities Rulemaking Board) is the self-regulatory organization of the Municipal Securities Industry. It is the regulator for Municipal Securities Broker-Dealers, Municipal Securities Dealers, Municipal Advisors, and Municipal Securities Investment Advisers. It regulates the activities of Municipal Securities dealers through a series of rules and regulations. The opening of the account is the first and foremost step in the transaction process. There are specific requirements to open accounts for various individuals.

Let's take a look at the requirements for opening accounts for the mentioned individuals:

An employee of another municipal dealer: No additional requirements to open accounts for employees of another municipal dealer.

An officer of another municipal dealer: A municipal securities dealer should execute the customer identification program (CIP) with the individual's employing dealer. Also, the dealer should obtain written confirmation from the employing dealer stating that the officer is not prohibited from opening and maintaining the account.

A minor child of a principal of another dealer: The dealer should receive written approval from the principal of another dealer to open an account for a minor child of the principal.

The husband of an officer of another dealer: A municipal securities dealer should execute the customer identification program (CIP) with the individual's employing dealer. Also, the dealer should obtain written confirmation from the employing dealer stating that the spouse is not prohibited from opening and maintaining the account.

Therefore, the correct option is [C]I and III.

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The ______ presentation format assumes that given the right suggestion by a salesperson, the prospect will buy.

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The statement that best completes the given question is "suggestion selling" as the blank is talking about a presentation format that assumes that given the right suggestion by a salesperson, the prospect will buy.

Suggestion selling, also referred to as add-on selling, is a sales technique used by salespeople that involves recommending additional products to a customer. The objective is to increase revenue by increasing the average amount spent per transaction. Suggestion selling is built on the concept that customers are more receptive to buying additional items when they are in the process of buying something else.

A salesperson might recommend a related item to the product the customer is already buying or even an unrelated product if it is found to be necessary. This strategy can be effective when done correctly because customers will appreciate when salespeople make suggestions that will improve their experience in the long run.

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Competitive markets maximize the ________ consumer surplus and producer surplus.
This occurs when the economy produces where _________

.

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The entire surplus—the sum of consumer surplus and producer surplus—is maximised in competitive markets. When the marginal cost of production and the marginal benefit of consumption are equal, this occurs.

What are the greatest levels of producer and consumer surplus?

Consumer surplus is the difference between the maximum price a consumer is prepared to pay and the cost of the good. Profit from selling a good is the same as producer surplus.

What happens when the surplus of consumers is increased?

In a competitive market when sellers are making just enough to make a typical profit, consumer surplus is maximised. This not only increases the market's consumer surplus but also ensures the production.

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Which of these is NOT one of the functional areas that is frequently outsourced by business organizations?
a. Information technology
b. Accounting work
c. Legal functions
d. Marketing

Answers

If we have to choose the option that is NOT frequently outsourced, then it would be d) Marketing.

What is marketing?

Marketing is a critical function of business organizations that is often kept in-house, with companies relying on their own marketing departments to develop and execute marketing strategies. While there may be some aspects of marketing that can be outsourced, such as market research or advertising design, outsourcing of marketing functions as a whole is less common compared to IT, accounting, and legal functions.

What is an advertising?

Advertising refers to the process of promoting a product, service, or idea with the aim of attracting or persuading a target audience to take a particular action, such as making a purchase, subscribing to a service, or supporting a cause.

Advertising can take many forms, including television commercials, print ads, billboards, social media ads, and sponsored content, among others. The purpose of advertising is to create awareness and interest in a product or service, build brand recognition and loyalty, and ultimately drive sales or other desired outcomes.

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Complete question is: Marketing is NOT one of the functional areas that is frequently outsourced by business organizations.

Which of the following traits has a negative affect or job search.
A) proactive personality
B. Extroversion
C. Low self efficacy
D. Positive affect
E. Conscientiousness

Answers

Self-efficacy is low. An individual could not be chosen due to this factor. (Choice c)

How would you define low self-efficacy?

In anxiety disorders, poor self is systematically associated with an increase in dread and avoidance behaviour (Williams , Watson, 1985). So, a rise in perceived belief about one's ability to deal with dangerous situations coincides with a drop in phobic behaviour. Self-efficacy in psychology refers to a person's confidence in their ability to take the actions required to achieve particular objectives. Albert Bandura, a psychologist, was the one who first put out the idea. Self-efficacy has an impact on all aspects of human activity.

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Internet or Online Banks are sometimes able to offer
higher interest rates on savings products because they don't have to
spend money on brick-and-mortar bank locations that increase the
companies cost to offer services.
True or false.

Answers

It is true that internet or online banks are sometimes able to offer higher interest rates on products because they don't have to spend money on brick-and-mortar bank locations increase companies cost to offer services.

What is a bank?

A bank is a financial institution that is authorized to accept deposits from individuals and businesses and use those funds to make loans and investments. Banks are regulated by government authorities to ensure they operate in a safe and sound manner and protect their customers' deposits. Banks offer a range of services to their customers, including checking and savings accounts, loans, credit cards, and investment products. They also provide services such as wire transfers, currency exchange, and safe deposit boxes. Banks generate revenue by charging fees and interest on loans and investments, and by investing their own funds in profitable ventures. In addition to traditional brick-and-mortar banks, there are now online-only banks and mobile banking apps that offer convenient access to banking services.

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is it expected to close external vacancy from a giant telecom company like ethio telecom?​

Answers

Answer: Common Practice

Explanation:

I don't have access to specific information regarding the hiring policies of Ethio Telecom or any other company. However, it is common practice for companies, especially large organizations, to advertise external vacancies and hire qualified candidates based on their qualifications, experience, and fit with the company's culture and values. Companies often have a structured recruitment process that involves screening applications, interviewing candidates, and selecting the most suitable candidate for the job.

That being said, the competition for jobs at large and well-established companies like Ethio Telecom can be significant, and meeting the job requirements and having relevant experience may not necessarily guarantee a candidate the position. It's always important to prepare well for the job application process, demonstrate a strong work ethic, and highlight your skills and experiences that align with the requirements of the job.

Your firm is performing an analysis on a municipality's total debt. Of the following types of debt, which would be overlapping?

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In the following question, When a municipality issues more than one type of bond or has outstanding bonds for different purposes, it is known as overlapping debt.

The overlapping debt is a type of debt that could arise from the following types of debt mentioned below:

General obligation bonds Revenue bonds Special tax bonds

Overlapping debt refers to the fact that two or more jurisdictions within a single geographical area issue municipal bonds, resulting in the total amount of debt for that area.

For example, if both a city and a school district issue bonds within a given area, this can lead to overlapping debt.

The main drawback of overlapping debt is that it raises the total debt load of an area, which can make it more difficult to obtain future financing or to maintain current bond ratings.

When calculating a municipality's total debt, overlapping debt must be taken into account since it can significantly increase the total amount of debt owed.

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What do you believe are some potential pitfalls or risks in using a strategic-management approach to decision making?

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Some potential pitfalls and risks that should be considered in using a strategic-management approach to decision making include:

Over-reliance on past dataFailure to adapt to changing circumstances

What are some pitfalls in strategic - management ?

Strategic management often involves analyzing past performance and using that information to guide future decision-making. However, relying too heavily on past data can be problematic if the underlying assumptions or circumstances have changed.

Strategic management can also lead to a rigid or inflexible approach to decision-making. If a company is too focused on following a pre-determined strategy, it may fail to adapt to changing circumstances or opportunities.

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Explain how a branch manager (rare leader) personal values and principles will contribute helping you function effectively in your new position as branch manager? (write at least 3 to 4 pages assignment)​

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Answer:

As a new branch manager, it is important to understand how personal values and principles can contribute to effective leadership. The role of a branch manager is multifaceted, requiring a range of skills and qualities, including effective communication, strategic thinking, and problem-solving abilities. Personal values and principles play a critical role in developing these skills and in building strong relationships with employees, customers, and other stakeholders. In this assignment, we will explore how personal values and principles can contribute to effective leadership as a branch manager.

Firstly, personal values and principles can contribute to effective leadership by providing a framework for decision-making. A branch manager must make decisions on a regular basis, ranging from day-to-day operational issues to strategic planning and resource allocation. Having a clear set of personal values and principles can help guide these decisions and ensure they align with the manager's overall goals and objectives. For example, a manager who values transparency and honesty is more likely to communicate openly with employees, customers, and other stakeholders, leading to greater trust and engagement.

Secondly, personal values and principles can help a branch manager build a strong organizational culture. The branch manager is responsible for creating a positive work environment that fosters collaboration, innovation, and high-performance. A manager who values teamwork, respect, and continuous improvement is more likely to foster these qualities in their team members, leading to a positive organizational culture. Additionally, a manager who values diversity and inclusivity is more likely to build a team that is reflective of the broader community, leading to greater customer satisfaction and engagement.

Thirdly, personal values and principles can contribute to effective leadership by promoting ethical behavior and social responsibility. A branch manager must uphold ethical standards and ensure the organization is operating in a socially responsible manner. A manager who values integrity, fairness, and responsibility is more likely to promote these values throughout the organization, leading to greater accountability and ethical behavior. Additionally, a manager who values social responsibility is more likely to implement sustainable practices and contribute to the broader community, leading to a positive impact on society.

Finally, personal values and principles can contribute to effective leadership by fostering personal growth and development. A branch manager must continually develop their skills and knowledge to meet the demands of their role. Having a clear set of personal values and principles can help a manager identify areas for growth and development, leading to continuous improvement. Additionally, a manager who values personal growth and development is more likely to support their employees in their own growth and development, leading to a more engaged and productive team.

In conclusion, personal values and principles play a critical role in effective leadership as a branch manager. They provide a framework for decision-making, help build a strong organizational culture, promote ethical behavior and social responsibility, and foster personal growth and development. As a new branch manager, it is important to reflect on personal values and principles and how they can be leveraged to build a successful and effective team. By embodying these values and principles, a branch manager can create a positive work environment that fosters collaboration, innovation, and high-performance.

Explanation:

For certain matters, mutual fund shareholders must receive proxy statements. Each of the following are examples of such matters EXCEPT for

Answers

For certain matters, mutual fund shareholders must receive proxy statements. Each of the following are examples of such matters EXCEPT for the election of the board of directors.

A mutual fund is a kind of financial vehicle that pools money from many investors to buy stocks, bonds, or other securities. Mutual funds are managed by professional money managers, who allocate the fund's investments to achieve the fund's objectives and provide returns to investors.

Most mutual funds shareholders do not participate in the fund's decision-making process. If a shareholder wants to express their opinions on these issues, they can vote on proxy statements. Proxy statements must be given to mutual fund shareholders when specific matters arise.

These proxy statements must include a description of the matters up for a vote and directions for voting. Shareholders can either vote in person or by mail. Proxy statements provide a mechanism for shareholders to express their views on critical issues that could affect the fund or the shareholders themselves.

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The following question may be like this:

For certain matters, mutual fund shareholders must receive proxy statements. Each of the following are examples of such matters EXCEPT for

(A) any change in the fund's portfolio of securities

(B) the election of the fund's board of directors

(C) the transition of the fund from one investment objective to another

(D) the transition of the fund from one investment advisory firm to another

TRUE OR FALSE as a customer adopts jit purchasing, the typical order size shrinks and more frequent deliveries are required.

Answers

The given statement is true because JIT purchasing is a process in which orders are placed with suppliers to receive smaller amounts of goods more frequently, rather than ordering in bulk.

This eliminates the need for excess inventory, as inventory is only ordered when it is needed.

As a result, the typical order size is typically smaller than it would be with other ordering methods and more frequent deliveries are required.The benefits of JIT purchasing include lower inventory costs, fewer storage costs, and improved customer service.

Lower inventory costs result from a reduced need to store extra inventory, and fewer storage costs result from ordering smaller amounts of goods. Improved customer service is a result of receiving goods faster, allowing customers to receive orders more quickly.

In conclusion, as a customer adopts JIT purchasing, the typical order size shrinks and more frequent deliveries are required. This method of ordering brings a variety of benefits to the customer, including lower inventory costs, fewer storage costs, and improved customer service.

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Answer the questions based on the data in the table. Round all answers to two places after the decimal. Earner Sally Steve Jamie Pat What is Sally's tax rate? Income tax amount S30514.11 $47116.01 $58117.75 $72593.52 Annual income amount $92467.00 $162469.00 $232471.00 $302473.00 What is Pat's tax rate? What is the nature of this income tax system? O regressive O proportional O progressive

Answers

Sally's tax rate = 30,514.11/92,467.00 = 0.33 or 33.00%. Pat's tax rate = 72,593.52/302,473.00 = 0.24 or 24.00%. This income tax system is progressive, as the rate of taxation increases with an increase in income.

What is income tax?

Income tax is a tax imposed by the government on individuals or businesses (called taxpayers) based on their taxable income. It is usually based on a person's income or a business's profits. Taxable income is the amount of money a person or business earns during a year that is subject to taxation. It may include wages, salaries, interest, dividends, capital gains, bonuses, rentals, commissions, and other sources of income. Income tax is typically calculated as a percentage of the taxpayer's income and is paid in installments throughout the year. The amount of income tax due depends on the amount of taxable income and the taxpayer's filing status. It is important to note that income tax is only due on income that is taxable, meaning some forms of income may be excluded from taxation.

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which of the following are considered major hurdles to successful global trade? (check all that apply)

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Major obstacles to successful global trade are thought to include economic, financial, and legal factors since they can limit entry, raise transaction costs.

Which four powerful factors influence international trade the most?

Both the long-term trends and the short-term volatility primarily caused by four variables. Government, foreign business, speculative expectations, and supply and demand are some of these influences.

What are trade barriers and how do they affect international trade?

Trade restrictions can impede free trade, aid developed countries, limit the variety of items that can be purchased, increase expenses, lower net income, diminish employment, and harm economic output. The government has significant control over the law, hence this leads to it most often being used as a trade barrier.

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Question:-

Which of the following are considered major hurdles to successful global trade?

O sociocultural forces

O economic and financial forces

O legal and regulatory forces

O physical and environmental forces

Answer:

legal and regulatory forces

economic, and financial forces

Explanation:

FILL IN THE BLANK. in television advertising, the formula cost of commercial time/program rating gives the ______ ... provides an estimate of the frequency of an advertisement.

Answers

In television advertising, the formula cost of commercial time/program rating gives the CPM which provides an estimate of the frequency of an advertisement.

Television advertising is a marketing strategy that employs television commercials to spread awareness of a product or service. It is the practice of broadcasting adverts during the airing of television programs, typically to achieve a targeted audience.To advertise on television, a company should develop a commercial that promotes its products or services. Television commercials usually consist of brief audiovisual clips that offer a persuasive message to viewers, encouraging them to purchase the advertised goods.

TV commercials have a significant impact on consumers because they can reach a large number of people simultaneously. They also have the power to convey emotion and generate interest in products that might not have received as much attention otherwise. Television advertising campaigns can help businesses build their brands and increase sales in both the short and long term.

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which of the following responsibilities and duties are owed by the principal (i.e., the client) to the agent?

Answers

Generally, a principal owes the following duties to the agent: Duty to Compensate, Duty to Reimburse, and. Duty to Indemnify the Agent.

An agency connection may be complimentary or compensated. The principal is required to pay the agent reasonable compensation if the conditions of compensation are not specified in the agency agreement. The agent is entitled to reimbursement from the principal for reasonable expenses incurred in performing her obligations.

The cost of travel, meals, lodging, incidentals, etc., are all included in a reasonable refund. In most cases, a principal is required to hold an agent harmless for liabilities she may incur while carrying out her duties. This typically happens when the principal's directives make the agent liable to a third party.

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if marginal cost is rising in a competitive firm's short-run production process and its average variable cost is falling as output is increased, then

Answers

If marginal cost is rising in a competitive firm's short-run production process and its average variable cost is falling as output is increased, then the firm is operating at a level of output where marginal cost is greater than the average variable cost.

Marginal cost is a measure of the extra cost that is associated with producing one more unit of output. It is the difference between total cost and total variable cost, divided by the change in output. Average variable cost (AVC) is a measure of the variable cost per unit of output. AVC is calculated by dividing total variable cost by the quantity of output produced. Therefore, the average variable cost curve is a U-shaped curve because of the law of diminishing marginal returns.

The relationship between marginal cost and average variable cost is that the AVC curve is U-shaped and its minimum point corresponds to the point where the marginal cost curve intersects the AVC curve. When the AVC curve is falling, marginal cost is below the average variable cost. When the AVC curve is rising, marginal cost is above the average variable cost. Therefore, when marginal cost is rising and average variable cost is falling, the firm is operating at a level of output where marginal cost is greater than the average variable cost.

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1. Last Word Based on the concept of price elasticity of demand, which of the following cases is most likely to occur?
A. Golf courses charging higher prices for golf during the week than on weekends.
B. Movie thatres charging higher prices of senior citizens
C. Colleges charging lower tuition for low-income students
D. Airlines charging lower fares for business travelers

Answers

Option A. Golf courses charging higher prices for golf during the week than on weekends. This is an example of price elasticity of demand, where an increase in price leads to a decrease in demand.

By charging higher prices during the week, the golf courses are responding to the fact that there is likely to be a greater demand for golf on weekends and can increase their profits by charging more.
Based on the concept of price elasticity of demand, the case that is most likely to occur is the airline charging lower fares for business travelers.

Price elasticity of demand refers to the relationship between the changes in the quantity demanded of a good or service and the changes in its price. This means that it measures the responsiveness of consumers to changes in prices.

When demand for a good or service is elastic, a small change in its price will result in a relatively larger change in the quantity demanded. On the other hand, if demand is inelastic, a change in its price will not significantly affect the quantity demanded.

In this case, the airline charging lower fares for business travelers is most likely to occur because business travelers are more sensitive to price changes.

Business travelers are typically more price-sensitive because their travel expenses are usually paid for by their companies. As a result, they tend to choose the most cost-effective travel options.

Therefore, airlines can attract more business travelers by charging lower fares. Hence, the answer is option D. Airlines charging lower fares for business travelers.

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true/false. the birth of information technology such as texting and email is giving firms and employees increased flexibility to choose while staying competitive.

Answers

It is True that the birth of information technology such as texting and email is giving firms and employees increased flexibility to choose while staying competitive.

The birth of information technology has given firms and employees increased flexibility to choose while staying competitive. Information technology is the use of computers, software, and other electronic devices to manage information. Information technology has allowed firms to streamline their operations, reduce costs, and increase productivity.

With the advent of email and texting, communication between employees has become more efficient and convenient than ever before. This has allowed firms to stay competitive in a fast-paced business environment. Additionally, information technology has allowed employees to work remotely, which has given them greater flexibility in choosing where and when to work.

For example, employees can now work from home, which can help reduce the costs associated with commuting and childcare. Furthermore, information technology has allowed firms to stay competitive by allowing them to quickly respond to changes in the market. For example, firms can use data analytics to analyze customer behavior and adjust their marketing strategies accordingly.

Finally, information technology has also allowed firms to create new products and services that would have been impossible before. For example, the development of smartphones has created a new market for mobile applications. Overall, the birth of information technology has had a profound impact on firms and employees, giving them increased flexibility to choose while staying competitive.

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Bob's brother , Steve, planned to visit over Labor Day weekend , on Saturday, Sunday, and Monday . Together they planned to build a deck in Bob's backyard . Bob ordered the lumber , concrete , nails, and other supplies to be delivered on Friday . He also arranged to rent a saw for the weekend (Saturday, Sunday and Monday) at a cost of $20 per day. When he went to pick up the saw, the store had already rented it. He drove all over town trying to borrow another saw, using up a $40 tank of gas, but could only get one for Sunday, Monday, and Tuesday, at a cost of $50 per day. Because they couldn't work on Saturday without a saw, Bob had to hire Mac at a cost of $80 to work for him on Tuesday, and, of course, Bob had to take off from work on Tuesday, losing $ 160.00 in wages. Calculate the damages to which Bob is entitled . How much is he entitled to (give a specific dollar amount)? Why? Explain your answer.

Answers

Answer:

Bob is entitled to $230 in damages.

To arrive at this answer, we can add up all the costs that Bob incurred due to the saw rental issue and hiring Mac.

First, Bob had arranged to rent a saw for three days at a cost of $20 per day, so the total cost was supposed to be $60. However, since the store had already rented it out, Bob had to drive around and spend $40 on gas, which brings the total cost up to $100. Then, he had to rent a saw for three days (Sunday, Monday, and Tuesday) at a cost of $50 per day, which comes to a total of $150.

In addition to the saw issue, Bob had to hire Mac to work for him on Tuesday, at a cost of $80. Bob also lost a day of wages when he took off from work on Tuesday, which was worth $160.

Therefore, the total damages that Bob is entitled to are $100 (for the wasted saw rental and gas) + $150 (for the new saw rental) + $80 (for hiring Mac) + $160 (for lost wages) = $490. However, since Steve was planning to help Bob build the deck, and Bob hired Mac to take his place, Steve should be responsible for half of the damages. So Bob is entitled to half of $490, which is $245.

In summary, Bob is entitled to $230 ($245 - $15 for the gas he would have used if the saw was available as planned) because he incurred additional costs due to the saw rental issue and had to hire someone else to help him build the deck.





Explain why after 12 years of schooling, a large number of young people are
not qualified to find a job.

Answers

Answer:

Many teenagers have a hard time finding their very first job for the same reason that they want it, they have never had one before. Their lack of experience can put off a lot of employers and make it very difficult for them to get hired.

Explanation:

Implementation of an ERP system requires effective segregation of responsibility for
A) recording, risk assessment, and control procedures.
B) authorization, monitoring, and risk assessment.
C) recording and monitoring of organizational assets.
D) authorization, recording, and custody of organizational assets.

Answers

The successful implementation of an ERP system necessitates the segregation of responsibility for authorization, recording, and custody of organizational assets, among other things.ERP system implementation is a complex process that necessitates a high degree of coordination and responsibility. option D is correct answer

To ensure effective segregation of responsibilities, there are several procedures that must be followed. First and foremost, the organization must conduct an assessment of existing internal controls to determine areas where there is a risk of fraud or error. The second stage is to establish policies and procedures to ensure that the segregation of responsibilities is enforced consistently. Finally, the organization must train its personnel to ensure that they are aware of their respective roles and responsibilities.An ERP system's successful implementation is heavily reliant on effective segregation of responsibility for authorization, recording, and custody of organizational assets. It entails more than just the segregation of responsibilities. Effective control mechanisms, policies, and procedures must be established to ensure that the segregation of responsibilities is enforced consistently. Training personnel on their respective roles and responsibilities is also critical. This will improve communication and coordination and reduce the risk of fraud and error.The segregation of responsibilities helps to protect organizational assets from theft or misuse. For instance, the person in charge of custody should not be the same person in charge of recording or authorizing transactions. The segregation of responsibilities aids in the detection of errors or fraud by establishing an independent review process. When different individuals are responsible for different aspects of a transaction, it becomes more difficult for someone to conceal their misconduct.

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A worker who is laid off because his or her company chooses to move from Wisconsin to North Carolina is counted as ________ unemployment.A) structuralB) cyclicalC) frictionalD) wait

Answers

A worker who is laid off because his or her company chooses to move from Wisconsin to North Carolina is counted as A) structural unemployment.

The movement of workers is a recurring phenomenon. Workers relocate because they perceive greater economic opportunities elsewhere, such as higher wages or better living conditions. The reasons for relocating may be personal or professional, such as a job offer, a family emergency, or a lifestyle preference. However, the question refers to unemployment caused by relocation that is beyond the worker's control.

Structural unemployment is caused by structural changes in the economy. For example, if a company relocates, the workers who are unable or unwilling to relocate may become unemployed. Similarly, if technological advances make certain jobs obsolete, workers who lack the necessary skills or training may become unemployed. Structural unemployment is long-term unemployment that is difficult to eradicate.

Policies such as job training programs and job creation initiatives may help to reduce the number of people who are unemployed due to structural changes in the economy. Structural unemployment can be distinguished from other types of unemployment such as frictional and cyclical unemployment. Frictional unemployment is caused by the natural process of workers leaving one job to find another. Cyclical unemployment is caused by fluctuations in the economy. Therefore the correct option is A) Structural.

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John is a big fan of ABC Company and has been buying shares of ABC common stock over the years. Recently, John was advised that he will have to begin to file reports with the SEC regarding his ownership of ABC common stock. This means that John is now considered an Insider and has become the owner of more than
A] 3% of the outstanding common stock of ABC.
B] 8% of the outstanding common stock of ABC.
C] 10% of the outstanding common stock of ABC.
D] 15% of the outstanding common stock of ABC.

Answers

This means that John is now considered an Insider and has become the owner of more than 15% of the outstanding common stock of ABC option D is correct.

John is a big fan of ABC Company and has been buying shares of ABC common stock over the years. Recently, John was advised that he will have to begin to file reports with the SEC regarding his ownership of ABC common stock. As John owns more than 15% of the outstanding common stock of ABC, he has become an insider by operation of law. Under the Securities Exchange Act of 1934, insiders are required to file various reports with the Securities and Exchange Commission (SEC).The Securities Exchange Act of 1934 requires insiders to file Form 3 with the SEC within ten days of becoming an insider. Form 3 is a statement of ownership, and insiders use it to disclose their positions in securities. John will have to file Form 3 with the SEC to report his ownership of more than 15% of the outstanding common stock of ABC.The SEC has also required insiders to file Form 4. Form 4 is filed to report transactions in securities. Insiders use Form 4 to disclose transactions in securities, including purchases, sales, and gifts. John will have to file Form 4 with the SEC to report transactions in securities.In addition to Forms 3 and 4, insiders are also required to file Form 5. Form 5 is filed to report transactions that should have been reported earlier on Forms 3 and 4 but were not. John will have to file Form 5 with the SEC to report any transactions that should have been reported earlier on Forms 3 and 4 but were not.

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Suppose that when the price of root beer rises 10%, the quantity of pizza demanded falls 20%. This would mean that pizza and root beer aresubstitutes, with a cross price elasticity of 0.5.complements, with a cross price elasticity of 0.5.substitutes, with a cross price elasticity of 2.0.complements, with a cross price elasticity of 2.0.

Answers

complements, with a cross price elasticity of -0.5. so the correct choice is C.

The cross elasticity of demand, a concept in economics, measures how responsively consumers buy more of one commodity when the price of another one rises.This statistic, which is also known as cross-price elasticity of demand, is determined by dividing the percentage change in the quantity demanded of one commodity by the percentage change in its price.

Cross Elasticity of Demand Formula

E = percentage of change in quantity of x/ percentage of change in the quantitiy of y

E = -10/20

E = -.5

The percentage change in the quantity demanded for one good has an impact on the percentage change in the price of another good, which is measured by the cross elasticity of demand.

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the actual question is :

Suppose that when the price of root beer rises 10%, the quantity of pizza demanded falls 5%. This would mean that pizza and root beer are

1) A) substitutes, with a cross price elasticity of -2.0.

B) complements, with a cross price elasticity of -2.0.

C) complements, with a cross price elasticity of -0.5.

D) substitutes, with a cross price elasticity of 0.5.

Which term best refers to a well-connected person who does not make the buying decision but has an impact on the person who does?A) gatekeeperB) referralC) prospectD) intermediaryE) center of influence

Answers

The term that best refers to well-connected person who does not make the buying decision but has an impact on person who does is the center of influence.

What is a decision?

A decision is a choice made by an individual or group after considering various options and possible outcomes. It involves selecting the best course of action from available alternatives, based on a set of criteria, preferences, and values. Decisions can be made consciously or unconsciously and can range from simple to complex. They can be influenced by a variety of factors, including emotions, biases, beliefs, and external pressures. The process of making a decision typically involves gathering information, analyzing it, and weighing the pros and cons of each option. Effective decision-making requires critical thinking skills, the ability to manage uncertainty, and the willingness to take risks and learn from mistakes.

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