DOL
1.1.6 Discuss any
other TWO types of lobbying.
1.1.7 Identify TWO socio-economic issues affecting Viro Tech and Lerato Communications.
Motivate your answer by quoting from the scenario above.
Use the table below as a GUIDE to answer QUESTION 1.1.6
SOCIO-ECONOMIC ISSUES
1.
2.
MOTIVATIONS
1.1.8 Advice business on solutions to deal with the socio-economic issues identify in
QUESTION 1.1.7
(6)
(8)

Answers

Answer 1

Two other types of lobbying are grassroots lobbying and astroturf lobbying.

What is Grassroot lobbying?

Grassroots lobbying involves mobilizing individuals or groups at the local level to influence policymakers. Grassroots lobbyists often use social media, email campaigns, and phone calls to connect with policymakers and advocate for their causes. This type of lobbying can be effective because it demonstrates a groundswell of support for an issue and can pressure policymakers to take action.

Astroturf lobbying, on the other hand, is a form of lobbying that creates the impression of widespread grassroots support for a particular issue or position, but is actually organized and funded by a large organization or corporation.

The two socioeconomic issues affecting Viro Tech and Lerato Communications could be:

Income inequality:

The scenario mentions that Viro Tech is a multinational corporation that operates in several countries, while Lerato Communications is a small business based in South Africa. This suggests that Viro Tech has a much higher income and revenue than Lerato Communications. This income inequality between the two companies could lead to various socio-economic issues, such as unfair competition, unequal access to resources, and limited opportunities for small businesses like Lerato Communications to grow and expand.

Youth unemployment:

The scenario also mentions that Lerato Communications is a youth-owned business. This suggests that the company is likely run by young entrepreneurs who may face challenges in securing employment in a competitive job market. Additionally, youth unemployment is a significant socio-economic issue in South Africa, where Lerato Communications is based. The lack of job opportunities for young people can lead to poverty, social unrest, and a lack of economic growth and development.

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Lerato Communications, a small youth-owned business based in Johannesburg, is struggling to compete with multinational corporations like Viro Tech. Despite providing quality services to its clients, Lerato Communications is finding it challenging to grow and expand its business due to limited resources and competition from larger companies.

The income inequality between Viro Tech and Lerato Communications is evident, with Viro Tech generating significantly more revenue and income. This inequality is hindering Lerato Communications' ability to compete fairly and access the resources needed to expand its business.

Moreover, Lerato Communications is also facing challenges related to youth unemployment, which is a significant socio-economic issue in South Africa. The young entrepreneurs who run the company are struggling to find stable employment opportunities, and their small business is their only source of income.

To address these socio-economic issues, the South African government may need to implement policies and initiatives that support small businesses, particularly those run by young entrepreneurs. Such policies could include tax breaks, subsidies, and mentorship programs to help young entrepreneurs grow and develop their businesses. Additionally, the government could focus on creating job opportunities for young people to address the issue of youth unemployment and promote economic growth and development.


Related Questions

Year P of Shoes Q of Shoes P of Hammers Q of Hammers2010 $5 400 $2 502011 $6 400 $2 1002012 $7 400 $3 100The Nominal GDP for each year was:2010: $2,1002011: $2,6002012: $3,100Real GDP for each year using 2011 as the base year was:2010: $24102011: $26002012: $2700The GDP deflator for each year:2010: 87.1362011:1002012: 114.8The percentage change in nominal GDP, real GDP, and the GDP deflator in 2010 and 2011 from the previous year.NOMINAL: 2010 to 2011: %23.8 2011 to 2012: %19.23REAL: 2010 to 2011: %7.88 2011 to 2012: %2.8DEFLATOR: 2010 to 2011:% 14.7 2011 to 2012: % 14.8a) Did economic well-being rise more from 2010 to 2011 or from 2011 to 2012? Why?

Answers

Economic well-being means people have their most basic survival needs met and have sustainable income and assets so they can prosper. During and after crises, people may be forced to make short-term decisions to survive—such as pulling children out of school to work—that will have long-term negative consequences.

Economic well-being rose more from 2010 to 2011 than from 2011 to 2012. This is because, in 2010–2011, both the nominal GDP and the GDP deflator rose by 23.8% and 14.7%, respectively, while in 2011–2012, the nominal GDP and the GDP deflator only rose by 19.2% and 14.8%, respectively.

This indicates that there was a larger increase in the purchasing power of the economy in 2010–2011 compared to 2012–2013.

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In this process, the risks that have been underwritten are pooled together into a bundle, which is then considered an asset and the underwriter then sells its shares; hence, the risk is transferred from the insurers to the capital markets. Identify this process.
a. Reinsurance
b. Securitization
c. Credit swapping
d. Redlining
e. Gentrification

Answers

The process described in the question is Securitization. Securitization is the process of pooling risks that have been underwritten together into a bundle and considering it an asset. The underwriter then sells its shares, transferring the risk from the insurers to the capital markets.

Securitization is the method by which a financial institution pools together various types of loans or bonds and converts them into marketable securities. These securities can be traded or sold to investors. Securitization provides the following advantages:

It allows the issuer to move assets off its balance sheet, resulting in reduced capital requirementsIt makes the assets more liquid and transferableIt permits lenders to shift risks from their balance sheets to investorsIt reduces financing expenses for borrowers

The securitization process is not without its flaws, however. The following are some of the risks associated with securitization:

Credit risk is the risk of loss that occurs as a result of a borrower failing to pay their loan. Credit risk is higher in securitization than in conventional lending, which is often accompanied by collateral or other forms of security.Liquidity risk is the risk of being unable to sell or purchase securities in the open market without causing prices to fall or rise sharply. Because they are not standardized, some securitization securities are difficult to trade or sell.Operational risks are the risks that arise as a result of operational errors or inadequacies, such as data processing mistakes or fraudulent activity in the securitization process. Asset concentration risk is the risk that arises when the asset pool underlying a securitization issue is overly reliant on a particular form of collateral or security. Market risk is the risk of loss due to unfavourable market movements or illiquidity conditions, as well as a risk due to specific market events, such as interest rate hikes. Reinvestment risk is the risk that arises when interest rate fluctuations result in lower returns on reinvested capital than anticipated.

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the free-rider problem is most likely to exist in a market in which goods are multiple choice excludable and rival. excludable and nonrival. nonexcludable and rival. nonexcludable and nonrival.

Answers

The free-rider problem is most likely to exist in a market in which goods are nonexcludable and rival. Correct answer is option D.

The free-rider problem refers to the situation where individuals or organizations can benefit from a public good without contributing to its cost. A public good is a type of good that is both non-excludable, meaning that individuals cannot be excluded from using it, and non-rivalrous, meaning that one person's consumption of the good does not diminish the amount available for others.

As a result, individuals have little incentive to pay for the good, as they can simply enjoy the benefits without contributing to the cost. This creates a problem of underproduction, as the market fails to supply the optimal level of the public good. The free-rider problem can be mitigated through mechanisms such as government provision, taxation, and social norms.

Therefore, the correct answer is option D.

"

Complete question

The free-rider problem is most likely to exist in a market in which goods are

multiple choice

A: excludable and rival.

B: excludable and nonrival.

C: nonexcludable and rival.

D: nonexcludable and nonrival.

"

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a deposit increases the value of a bank account. a withdrawal decreases the value of a bank account. enter the integer that represents a withdrawal of 72 dollars.

Answers

The integer that represents a withdrawal of 72 dollars is -72. Let's understand the meaning of a deposit and a withdrawal in a bank account.

What is deposit?

A deposit increases the value of a bank account, while a withdrawal decreases the value of a bank account. A deposit refers to an amount of money that is added to an account in a bank or other financial institution. Deposits can be made in the form of cash, checks, or electronic transfers.

What is withdrawal?

Withdrawal refers to an amount of money that is taken out of an account in a bank or other financial institution. Withdrawals can be made in the form of cash, checks, or electronic transfers. Depending on whether you are making a deposit or withdrawal, the amount you enter can be positive or negative. So, the integer that represents a withdrawal of 72 dollars is -72.

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9) Cost minimization is an appropriate strategy in which stage of the product life cycle?A) introductionB) growthC) adolescenceD) declineE) retirement

Answers

Cost minimization is an appropriate strategy in the decline stage of the product life cycle. Thus the correct option (d)

In the decline stage, sales and profits are decreasing as the product becomes outdated or is replaced by newer products. In this stage, cost minimization is important to maintain profitability and prolong the life of the product as long as possible.

The focus shifts from growth and expansion to streamlining operations and reducing costs. This may involve reducing marketing expenses, cutting back on production costs, and optimizing the supply chain to minimize costs. By minimizing costs, the business can continue to generate revenue and maximize profits for as long as possible before eventually retiring the product.

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what are top three businesses with the most franchises in the world?

Answers

The top three businesses with the most franchises in the world are McDonald's, 7-Eleven, and KFC.

A business is an organization engaged in commercial, industrial, or professional activities that typically involve the exchange of goods or services for money. Businesses come in various forms, including sole proprietorships, partnerships, corporations, and cooperatives.

Businesses play a crucial role in the economy by creating jobs, generating wealth, and driving innovation. They contribute to the overall growth and development of a country by increasing productivity, fostering competition, and stimulating economic activity. Successful businesses must be able to adapt to changing market conditions, meet customer demands, and stay ahead of competitors. This requires strategic planning, effective management, and continuous innovation.

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The journal of Ward Technology Solutions, includes the following entries for May, 2012:May 1 The business received cash of $80,000 and gave capital to the owner.2 Purchased supplies of $790 on the account.4 Paid $50,000 cash for a building.6 Performed service for customers and received cash, $3,200.9 Paid $540 on accounts payable.17 Performed service for customers on account, $2,900.23 Received $2,300 cash on account from a customer.31 Paid the following expenses: salary, $1,800; rent, $900.Prepare T-accounts.

Answers

T-accounts are a visual representation of an accounting system that allows for the tracking and analysis of financial transactions. They represent the account name and debit and credit columns.

To prepare T-accounts, we need to start by recording the transactions and their effects. For example:

May 1: The business received cash of $80,000 and gave capital to the owner.

Effect on T-accounts: Increase Cash and increase Capital.

May 2: Purchased supplies of $790 on the account.

Effect on T-accounts: Increase Supplies and increase Accounts Payable.

May 4: Paid $50,000 cash for a building.

Effect on T-accounts: Decrease Cash and increase Building.

May 6: Performed service for customers and received cash, $3,200.

Effect on T-accounts: Increase Cash and increase Accounts Receivable.

May 9: Paid $540 on accounts payable.

Effect on T-accounts: Decrease Cash and decrease Accounts Payable.

May 17: Performed service for customers on account, $2,900.

Effect on T-accounts: Increase Accounts Receivable and increase Service Revenue.

May 23: Received $2,300 cash on account from a customer.

Effect on T-accounts: Increase Cash and decrease Accounts Receivable.

May 31: Paid the following expenses: salary, $1,800; rent, $900.

Effect on T-accounts: Decrease Cash and increase Salary expenses and Rent Expenses.

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to find the nucleotide sequence of human chromosomes, chromosomes had to be digested into small fragments and then . to find the nucleotide sequence of human chromosomes, chromosomes had to be digested into small fragments and then . pasted together with dna ligase separated using gel electrophoresis cloned and sequenced cut into smaller fragments with restriction enzymes

Answers

"To find the nucleotide sequence of human chromosomes, chromosomes had to be digested into small fragments and then cloned and sequenced."

The human genome, which includes the nucleotide sequence of all chromosomes, is too large to be sequenced directly. To overcome this challenge, scientists use a technique called fragmentation, where the DNA is broken down into smaller pieces.

These fragments are then cloned, or copied, and sequenced individually. This approach allows for the sequencing of small portions of DNA that can be pieced together to generate a complete chromosome sequence.

To facilitate the process, special enzymes are used to cut the DNA at specific locations, creating fragments of a known size. This technique has been instrumental in the generation of the human genome sequence, which has led to a better understanding of genetic diseases and has opened new avenues for personalized medicine.

This question should be provided as:

To find the nucleotide sequence of human chromosomes, chromosomes had to be digested into small fragments and then ________.

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Aragon and Associates has found from past experience that 25% of its services are for cash. The remaining 75% are on credit. An aging schedule for accounts receivable reveals the following pattern:

Answers

Cash Budget Aragon and Associates have found from past experience that 25% of its services are for cash. The remaining 75% are on credit. An aging schedule for accounts receivable reveals the following patterns sixty percent of fees on credit are collected in the month following service.

Aragon and Associates is a business that must prepare a cash budget to ensure that they have enough cash on hand to meet its obligations as they become due. To do this, they need to understand their cash inflows from sales.

Based on past experience, they know that 25% of their services are for cash and the remaining 75% are for credit. An aging schedule for accounts receivable reveals that 10% of fees on credit are collected in the month that service is rendered, 60% in the following month, 26% in the second month following service, and 4% are never collected.

Any fees that are not paid until the second month are subject to a 3% late charge. By analyzing this information, Aragon and Associates can prepare a schedule of cash receipts that outlines the expected timing and amount of cash inflows from credit sales. This allows them to manage their cash flow effectively and operate their business efficiently.

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Complete question:

Cash Budget Aragon and Associates have found from past experience that 25% of its services are for cash. The remaining 75% are on credit. An aging schedule for accounts receivable reveals the following patterns a. Ten percent of fees on credit are collected in the month that service is rendered b. Sixty percent of fees on credit are collected in the month following service. c. Twenty-six percent of fees on credit are collected in the second month following service d. Four percent of fees on credit are never collected.

A grocery store owner is interested in the average diameter of the chicken eggs that they sell. She takes an SRS of 48 chicken eggs from a grocery store and finds the mean diameter to be 42.3 mm with a standard deviation of 1.5 mm. i. What is the parameter of interest? [Select] ii. What type of inference should be used to estimate the average diameter of the chicken eggs that they sell? [Select] iii. What type of inference should be used to determine whether the average diameter of the chicken eggs that they sell is 42 mm as it should be? [Select]

Answers

The parameter of interest is the average diameter of the chicken eggs that the grocery store sells.

To estimate the average diameter of the chicken eggs that the grocery store sells, the type of inference used should be a point estimate, or a single value from the sample that is used to estimate the population parameter.

To determine whether the average diameter of the chicken eggs that the grocery store sells is 42 mm as it should be, the type of inference used should be a hypothesis test, which is used to determine whether the sample data supports or rejects the stated hypothesis.

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The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag and an equilibrium quantity of 3.33 million bags. Suppose that, in an attempt to lower blood pressure and reduce healthcare costs, the government imposes a $1.00 excise (or commodity) tax on potato chips. Scroll down to answer all 6 parts of the question


a. Suppose the government levies this tax on manufacturers for each bag of potato chips they produce. Please shift the curve(s) to illustrate this.

b. What is the price paid per bag by consumers (Pc) after the production tax?

c. What is the price received net of tax (Pp) per bag by producers after the production tax?

d. Suppose the government, instead of levying the tax on producers, levies this tax on consumers for each bag of potato chips they purchase. Please shift the curve(s) to illustrate this.

e. What is the effective price paid per bag by consumers (Pc) after the consumption tax?

f. What is the price received net of tax (Pp) by producers after the consumption tax?

Answers

A market-clearing price, often referred to as an equilibrium price, seems to be the consumer cost associated with a good or service when the demand and supply are equal or nearly equal.

By equilibrium pricing, what do you mean?

Economic equilibrium in economics refers to a scenario where demand as well as supply are balanced and the values underlying economic variables do not change in the absence of outside factors.

1. As the tax levied is $1, the supply curve rises by $1 from of the equilibrium price.

2.2(3.33/$1.67)

3. 1(3.33/($1.67+$1)

4. From the equilibrium price, the demand curve declines by $1. (due to tax imposed)

5. 2(3.33/$1.67)

6. 1(3.33/($1.67+$1)

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he bank statement for tetra company contained the following items: a bank service charge of $10; a credit memo for interest earned, $15; and a $50 nsf check from a customer. the company had outstanding checks of $100 and a deposit in transit of $300. assuming that the unadjusted bank balance was $500, what is the unadjusted book balance? multiple choice

Answers

The unadjusted book balance of Tetra Company's bank statement, given the details below, will be $655.

What is a bank statement?

A bank statement is a summary document produced by banks on a monthly basis that details all transactions on an account. It includes a detailed list of all activity that has occurred in the account since the last statement was issued.

A bank statement is useful for reconciling the account because it provides an accurate picture of the current state of the account. The details of the question are:

Bank service charge: $10

Credit memo for interest earned: $15

NSF check from a customer: $50

Outstanding checks: $100

Deposit in transit: $300

Unadjusted bank balance: $500

We need to calculate the unadjusted book balance from this. The unadjusted book balance is calculated by adding outstanding deposits and deducting outstanding checks from the unadjusted bank balance.

Let's put the details into the equation.

Unadjusted book balance = unadjusted bank balance + deposit in transit - outstanding checks

Unadjusted book balance = $500 + $300 - $100

Unadjusted book balance = $700

Therefore, the unadjusted book balance for Tetra Company will be $700. However, since they have an NSF check of $50, we need to subtract this from the book balance. The final unadjusted book balance is:

Unadjusted book balance = $700 - $50

Unadjusted book balance = $650

Hence, the correct answer is option D: $655.

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any law passed to limit free trade between nations is called a trade

Answers

Any law passed to limit free trade between nations is called a trade barrier. A trade barrier is any rule or policy that inhibits international commerce, including tariffs, quotas, licences, and so on.

Trade barriers are limits on international trade imposed by the government. Trade barriers, according to the principle of comparative advantage, are harmful to the global economy and reduce overall economic efficiency.

Most trade barriers operate on the same basic premise: the imposition of some type of cost (money, time, bureaucracy, quotas) on trade, which boosts the price or availability of the traded items. A trade war occurs when two or more countries continually utilise trade barriers against each other.

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Recently, Mina's wealth increased by $525. If her wealth were to increase by another $525 in the near future, then her utility would increase, but not by as much as it increased with the recent increase to her wealth. Based on this information, and graphing wealth on cach horizontal axis, Mina's utility function a. is upward sloping and her marginal utility function is downward sloping. b. is downward sloping and her marginal utility function is upward sloping. c. and marginal utility function are both downward sloping. d. and marginal utility function are both upward sloping.

Answers

The correct answer is a. Mina's utility function is upward-sloping and her marginal utility function is downward-sloping.

The correct option is A. Recently, Mina's wealth increased by $525. If her wealth were to increase by another $525 in the near future, then her utility would increase, but not by as much as it increased with the recent increase in her wealth.

Based on this information, and graphing wealth on cach horizontal axis, Mina's utility function is upward sloping, and her marginal utility function is downward sloping.

Mina's wealth increased by $525, and her utility increased. Furthermore, her utility would rise if her wealth increased by another $525, but not as much as it did with the previous increase.

Mina's utility function is upward-sloping because the more wealth she has, the higher her utility level.

The marginal utility function, on the other hand, is downward sloping because the more wealth she has, the less each additional dollar of wealth is worth to her.

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xidentify and briefly discuss three factors which influence the choice of crops produced by commercial farmers?

Answers

Commercial farmers are responsible for growing and distributing crops to markets. The following are three factors that influence their choice of crops produced by commercial farmers: Soil characteristics, Climate changes, and Market demands.

What are the three factors?

1. Soil characteristics: The choice of crops is determined by soil type, fertility, and nutrient levels. The pH of the soil should also be considered when selecting crops, as some crops require acidic soil while others require alkaline soil.

2. Climate change: The changing weather patterns are a significant factor that influences the choice of crops. For example, farmers must choose drought-resistant crops if they live in areas that experience drought.

3. Market demands: The demand for certain crops is determined by the market. Farmers must be aware of the crops that are in high demand and which ones are in low demand. They should also be aware of any seasonal variations in demand. They must also decide on the best price to sell the crops they grow so as to maximize their profits.

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1) The board of directors for a regional trucking company is comprised of a chairman/CEO, a president, two executive vice presidents, and 13 additional executives; all of whom are
Multiple Choice
• trustees.
• external stakeholders.
• inside directors.
• private investors.

Answers

The board of directors for a regional trucking company is comprised of "inside directors", including the chairman/CEO, president, two executive vice presidents, and 13 additional executives. Thus, Option C is correct.

Inside directors are individuals who are part of the company's management team and hold executive positions. They are responsible for making important decisions regarding the company's operations and strategy. In contrast, outside directors are independent individuals who are not affiliated with the company's management team.

The use of inside directors on a company's board can provide valuable expertise and knowledge of the company's inner workings. However, it can also raise concerns about potential conflicts of interest, as inside directors may prioritize the interests of the company's management team over those of shareholders. Thus, Option C holds true.

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Most cases of external bleeding from an extremity can be controlled by: A. elevating the injured extremity. B. packing the wound with gauze.

Answers

In the case of external bleeding from an extremity, most cases can be controlled by packing the wound with gauze.

The second option, elevating the injured extremity, can help control bleeding in certain situations but may not always be effective, especially in cases of severe bleeding or trauma.

What is external bleeding? External bleeding refers to bleeding that occurs outside of the body. This type of bleeding can be caused by injuries such as cuts, puncture wounds, or lacerations. When blood vessels are injured, blood begins to leak out and can cause significant loss of blood if not controlled quickly.

How can external bleeding be controlled? To control external bleeding, the following steps can be taken: Apply direct pressure: Use a sterile or clean cloth or gauze to apply firm pressure to the wound. This pressure will help to slow or stop the bleeding. Pack the wound: If the bleeding is severe, pack the wound with sterile gauze or a clean cloth. This pressure will help to slow or stop the bleeding even further.

Elevate the injured extremity: Elevating the injured extremity can help reduce blood flow to the area and slow the bleeding. Apply a tourniquet: If the bleeding cannot be controlled by other methods, a tourniquet may be applied. A tourniquet should be applied as a last resort and only when there is no other way to control the bleeding. A tourniquet is a tight band that is placed around the limb to reduce blood flow. In conclusion, most cases of external bleeding from an extremity can be controlled by packing the wound with gauze.

Elevation can help control bleeding in certain situations but may not always be effective, especially in cases of severe bleeding or trauma. Therefore,  case of external bleeding from an extremity, most cases can be controlled by packing the wound with gauze.

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which of the following are the main goals of a business speech attention-getter? (select all that apply.) multiple select question. a. to make sure audience members understand the speech's humor b. to engage audience members emotionally c. to help explain supporting details more quickly d. to get audience members to consider the presented ideas

Answers

The main goals of a business speech attention-getter are as follows: To get audience members to consider the presented ideas and to engage audience members emotionally. The correct answer is both a and b.

What is a speech attention-getter?

An attention-getter is a part of a speech that is used to grab the audience's attention. The main purpose of the attention-getter is to introduce the subject and establish a rapport with the audience. It is a device that is used to capture the attention of the audience, encouraging them to listen to the rest of the speech.

The goals of a business speech attention-getter are as follows:

To get audience members to consider the presented ideas.To engage audience members emotionally.To establish a relationship with the audience in a professional manner.To create excitement and intrigue around the topic being presented.To set the tone for the rest of the speech. To make sure the audience members understand the speech's humor and to help explain supporting details more quickly are not the main goals of a business speech attention-getter.

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you calculate the value of a bond in excel with a yield of 10 percent. which change can you make in the calculations that will result in the value of the bond increasing?

Answers

If you're calculating the value of a bond in Excel with a yield of 10 percent, the change that you can make in the calculations that will result in the value of the bond increasing is lowering the yield percentage.

What is a bond?

A bond is a debt investment in which an investor loans money to an entity that borrows the funds for a defined period at a fixed or variable interest rate.A bond is a fixed-income instrument that is a promise to repay principal and interest on a set schedule.

Bonds are used by corporations, municipalities, states, and sovereign governments to fund projects and operations. They may also be used to finance mergers and acquisitions, or as a means of raising working capital.

Types of Bonds

There are several types of bonds, each with its own set of features, including risk, yield, and liquidity.

The following are some of the most common bond types:

Treasury bondsCorporate bondsMunicipal bondsHigh-yield bondsForeign bondsAgency bondsMortgage-backed securitiesConvertible bondsZero-coupon bondsFloating-rate bondsInflation-linked bondsCallable bondsNon-callable bondsSubordinated bondsPerpetual bonds

Your question is incomplete but most probably your full question was:

You calculate the value of a bond in Excel with a yield of 10 percent. Which change can you make in the calculations that will result in the value of the bond increasing?

Select an answer

increasing the par value lowering the yield increasing the yield changing the maturity date

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Suppose the marginal benefit of writing a contract is $70, independent of its length. Find the optimal contract length when the marginal cost of writing a contract of length L is:
Instruction: Enter your responses rounded to two decimal places.
a. MC(L) = 40 + 2L.
b. MC(L) = 20 + 5L.
c. What happens to the optimal contract length when the marginal cost of writing a contract declines?
(Click to select) It stays the same. It increases. It decreases.

Answers

When the marginal cost of writing a contract declines, the optimal contract length increases.

The given marginal benefit of writing a contract is [tex]$70[/tex], independent of its length. We are to determine the optimal contract length when the marginal cost of writing a contract of length L is MC(L) = [tex]40 + 2L[/tex] or MC(L) = [tex]20 + 5L.[/tex]

Also, we are to determine what happens to the optimal contract length when the marginal cost of writing a contract declines. Given that the marginal benefit of writing a contract is [tex]$70[/tex], independent of its length. We know that the optimal contract length is where the marginal cost of writing a contract is equal to the marginal benefit of writing a contract. i.e.

MC(L) = MB = [tex]$70[/tex]

Now, MC(L) = [tex]40 + 2L[/tex](Option A)

We have, [tex]40 + 2L = 70[/tex]  (As MC(L) = MB)

L = 15

The optimal contract length is 15.

Now, MC(L) = [tex]20 + 5L[/tex] (Option B)

We have,[tex]20 + 5L = 70[/tex] (As MC(L) = MB) [tex]5L = 50L = 10[/tex]

The optimal contract length is 10.

Hence, we have determined the optimal contract length for the given MC(L) options. Now, we need to determine what happens to the optimal contract length when the marginal cost of writing a contract declines.

When the marginal cost of writing a contract declines, the optimal contract length increases.

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julianna rollins was judged at fault in an automobile accident. three others were awarded damages of $158,000, $70,000, and $72,000. julianna has 100/300 bodily injury liability coverage. what amount, if any, would not be covered by her insurance?

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The amount that is not covered by her insurance is the excess amount beyond her policy limit, which is $0 ($300,000 - $300,000).  The insurance policy will cover all the damages awarded, up to the policy limit of $300,000, and there will be no amount that is not covered by her insurance.

How do we determine the amount covered by her policy?

Julianna has 100/300 bodily injury liability coverage, which means her insurance policy will pay up to a maximum of $100,000 per person and $300,000 in total for all injuries resulting from the accident.

In this case, there were three people awarded damages:

First person was awarded $158,000Second person was awarded $70,000Third person was awarded $72,000

The total damages awarded are:

= $158,000 + $70,000 + $72,000

= $300,000

Since the total damages awarded exceed Julianna's bodily injury liability coverage limit of $300,000, hence, her insurance policy will only cover up to the policy limit of $300,000.

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other things the same, a higher interest rate induces people to

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Answer:

induces people to save their money on to bank and reduce cash holding capacity

compare and explain differences in the support-department costs allocated to each production department. (

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When it comes to support-department costs allocated to each production department, there are a few key differences. The first difference is that some production departments require more support than others.

What is the differences in the costs?

The differences in the level of support required by each department can lead to differences in the amount of support-department costs allocated to each department. Another difference is that some support departments may have a greater impact on certain production departments than others.

For example, if one production department relies heavily on another department for raw materials or finished goods, the support department that provides support to the second department may also provide more support to the first department.

This can result in differences in the amount of support-department costs allocated to each production department.

Overall, the key to understanding the differences in support-department costs allocated to each production department is to look at the specific needs and requirements of each department, as well as the impact of support departments on the production process.

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the new fund had average daily assets of $2.2 billion last year. the fund sold $400 million worth of stock and purchased $500 million during the year. what was its turnover ratio

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The new fund had an average daily asset of $2.2 billion last year. The fund sold $400 million worth of stock and purchased $500 million during the year. The turnover ratio of the fund is 40.9%.

What is the turnover ratio?

A fund's turnover ratio is the amount of time it takes to buy and sell assets during the year, as a proportion of the fund's holdings. The fund's turnover ratio is calculated as follows:

[tex]Turnover Ratio = Total Value of Transactions / Average Daily Assets[/tex]

The average daily assets of a fund are the average of the beginning and ending assets for the year. Given that the average daily asset is $2.2 billion and the fund sold $400 million worth of stock and bought $500 million worth of stock during the year, we can find the total value of transactions.

[tex]Total value of transactions = $400 million + $500 million = $900 million[/tex]

Now, we can substitute the values in the turnover ratio formula.

[tex]Turnover Ratio = Total Value of Transactions / Average Daily Assets\\= $900 million / $2.2 billion\\= 0.409 \\or \\= 40.90%[/tex]

Therefore, the turnover ratio of the fund is 40.9%.

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critically evaluate hotel elegante distribution strategy, is it appropriate?. can you think of any other gds strategies which hotel elegante might embrace or should considering in light of emerging technologies?

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Because the hotel's distribution strategies i focused on consumer interest for room booking and provides accessible and convenient services. Their distribution is considered highly effective and profitable for the company.

Is the Hotel Elegante distribution strategy appropriate or not?

Hotel Elegante's distribution strategy has proven to be highly effective. It provides businesses with a diverse set of distribution channels to choose from, as well as alternatives tailored to their clients' preferences. The consumer-focused initiative fosters brand loyalty through ease of use, convenience, and adaptable alternatives.

Combining Sabre and Galileo appears to be an excellent strategy because it covers a wider range of booking system distribution mechanisms. Galileo primarily works with online airlines, whereas Sabre handles everything from airlines to hotels to vehicle rentals.

As a result, Hotel Elegante may be able to cast a wider net and reach a wider range of potential customers. Hotel Elegante may want to consider Abacus GDS, which focuses on domestic and global partnerships, in order to expand its reach and consumer-centric principles.

This one-of-a-kind method may help Hotel Elegante reach a larger market while emphasizing the importance of relationship development and customer service and allowing them to expand their connections through all of these domestic and international relationships.

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If the government begins to run a larger budget deficits, then assuming there is no Ricardo-Barro effect, the demand for loanable funds ________ and the real interest rate ________.
A. decreases; rises
B. increases; rises
C. decreases; falls
D. increases; falls

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If the government starts running a higher budget deficit, then the demand for loanable funds Decreases and the real interest rate rises. (A)

The Ricardo-Barro effect is a concept in economics that implies that government spending does not influence people's spending habits. People are forward-looking in their spending habits, according to this concept.

Because taxes will eventually have to be raised to pay off the deficit, people will save more now in anticipation of higher taxes in the future.

As a result, the impact of a budget deficit on private sector demand is totally offset by future tax expectations. As a result, the Ricardo-Barro effect is the idea that when the government incurs a deficit, it does not affect aggregate demand because the private sector saves more in anticipation of future tax increases. (A)

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Which one of the following IS a factor in determining a company's action camera sales and market share in a particular geographic region? A. Whether the company has a minimum of 5 models in its lineup of camera offerings B. How many extra performance features it has incorporated into its action cameras C. Whether the company's compensation for PATs assembling action cameras is above/below the industrywide average D. The number of production assembly teams a company is using to assemble action cameras at its camera assembly facility in Taiwan E. Whether the company's spending on camera advertising in a given region is above/below the regional average level of spending on camera advertising

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The factor in determining a company's action camera sales and market share in a particular geographic region is E) "whether the company's spending on camera advertising in a given region is above/below the regional average level of spending on camera advertising."

What's market share

Market share is the percentage of sales revenue generated by a business that is achieved by a certain product or service. It calculates the percentage of a given market that a product, service, or company controls or plans to control.

Companies strive to acquire greater market share, and in order to accomplish that, they frequently employ strategies to better compete with rival businesses. Factors that influence market share include price, market demand, accessibility, and customer service, among others.

A company's marketing expenditure has a significant influence on its action camera sales and market share in a specific geographic region. Companies that invest more money in marketing their action cameras than their rivals in the same region are more likely to gain market share and increase their sales revenue.

This is why spending on camera advertising is an essential factor in determining a company's action camera sales and market share in a particular geographic region.

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the per night cost for a room at a particular hotel is known to be uniformly distributed and range between 200 and 325. what is the average cost of a room at this hotel? (hint: use the uniform formula: mu

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Since it is uniformly distributed with a range between 200 and 325, he average cost of a room at this hotel is $262.50 per night.

Uniform distribution is a probability distribution in which all possible values of a variable have an equal probability of occurring. In other words, the probability density function is constant over a range of values.

The average cost of a room at this hotel can be found using the formula for the mean of a uniform distribution:

Mean = (b + a) / 2

where a is the minimum value of the distribution (200) and b is the maximum value (325).

Mean = (325 + 200) / 2 = 262.5

Therefore, the average cost of a room at this hotel is $262.50 per night.

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a drug that is effective against a large variety of bacterial types including gram positive, gram negative, intracellular pathogens, and bacterial without cell walls (mycoplasmas) is a ______ antimicrobial

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A drug that is effective against a large variety of bacterial types including gram-positive, gram-negative, intracellular pathogens, and bacterial without cell walls (mycoplasmas) is known as a broad-spectrum antimicrobial.

What is an antimicrobial? An antimicrobial is a substance that is capable of destroying or inhibiting the growth of microorganisms. These microorganisms can be bacteria, viruses, fungi, or parasites. They are often used to treat infections and are sometimes used as disinfectants.

Broad-spectrum antimicrobial A broad-spectrum antimicrobial is a type of antimicrobial drug that is effective against a wide range of bacterial types. It is used when the causative agent of the infection is unknown or when the infection is caused by a mixture of different types of bacteria. Broad-spectrum antimicrobials are effective against both gram-positive and gram-negative bacteria.

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Match each term to the corresponding definition. Drag each item on the left to its matching item on the right. rate of interest paid by private banks to the Fed money lent by the Fed to private banks discount rate"" open market operations reserve requirement discount loans the amount of deposits a bank must hold in reserve and cannot lend the purchase or sale of bonds by the central bank

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The Fed can alter reserve requirements, which generally relate to the amount of cash banks must hold in reserve against deposits in bank accounts, in order to affect the money supply.

In a recession, how may the Federal Reserve make use of the reserve requirement, the discount rate, and open market operations?

In exchange for freshly issued bank credit, the Fed can cut interest rates by purchasing debt securities on the open market. flush with fresh funds.

Is the discount rate the cost of borrowing money from the Fed for private banks?

The discount rate is the interest rate applied to loans obtained by commercial banks and other depository institutions from the discount window of their regional Federal Reserve Bank.

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