A multidisciplinary product team is an important attribute for a product development team to function effectively and meet all of its development milestones.
The product development refers to the new product to launch in the market and develop the existing product of the market.
The product development include the few steps: product goal, strategy and plan to launch in the market, execution of the product plan, product advertising, manufacturing, shipping and delivery to the customers.
The multidisciplinary product team for a product development.
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on july 1, atlantic cruise lines issues a $200,000, eight-month, 6% note. interest is payable at maturity. what is the amount of interest expense that the company would record in a year-end adjusting entry on december 31?
Maturity date = July 1 + 8 months = March 1
Total interest incured on maturity = 200,000(0.0625) 8/12 = $8,333.33
Number of months as at December 31 = 6 months
Therefore, the amount of interest expense that the company would record in a year-end adjustment on december 31 is given by:
Interest expense = 8,333.33/8 * 6= $ 6,250.
What is Interest expense?An interest expense is the cost incurred by an entity for borrowed funds. Interest expense is a non-operating expense shown on the income statement. It represents interest payable on any borrowings—bonds, loans, convertible debt or lines of credit. It is essentially calculated as the interest rate times the outstanding principal amount of the debt. Interest expense on the income statement represents interest accrued during the period covered by the financial statements, and not the amount of interest paid over that period. While interest expense is tax-deductible for companies, in an individual's case, it depends on their jurisdiction and also on the loan's purpose.For most people, mortgage interest is the single-biggest category of interest expense over their lifetimes as interest can total tens of thousands of dollars over the life of a mortgage as illustrated by online calculators.To learn more about mortgage refer to:
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the following is a list of items that could be included in the intangible assets section of the balance sheet. (a) indicate which items on the list below would generally be reported as intangible assets in the balance sheet. - /0.5 reported as 1. 2. 13. 4. 5. 6. 7. 8. 9. 10. 11 investment in a subsidiary company. timberland. cost of engineering activity required to advance the design of a product to the manufacturing stage. lease prepayment (6 months' rent paid in advance). cost of equipment obtained. cost of searching for applications of new research findings. costs incurred in the formation of a corporation. operating losses incurred in the start-up of a business. training costs incurred in start-up of new operation. purchase cost of a franchise. goodwill generated internally.
Participation in a subsidiary that is not an intangible asset on the balance sheet.
What are intangible assets?Assets that are intangible include: trade names, patents, copyrights, trademarks, franchises, subscription lists, goodwill, licenses. Intellectual property rights such as brand recognition, goodwill, trademarks, patents and copyrights not tangible property.
What are example of an intangible cost?Lost customer goodwill, employee morale, and operational inefficiencies are hidden costs (intangible cost).
What are intangible element of goodwill?Even if it's not a physical object you can touch, it can be of great value to your company.
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the recording, in the same accounting period, of the revenue from business activities and the expenses associated with earning that revenue is the accounting concept called:
Accrual accounting follows the matching principal, which states that revenues and expenses should be recorded in the same period. Accrual accounting is encouraged by International Financial Reporting Standards(IFRS) and Generally Accepted Accounting Principles (GAAP).
An price is an object requiring an outflow of cash, or any form of fortune in standard, to any other individual or group as fee for an item, carrier, or different category of prices. For a tenant, hire is an expense. for students or parents, tuition is an cost. buying food, apparel, fixtures, or an vehicle is often called an rate. An fee is a fee this is "paid" or "remitted", usually in exchange for some thing of value. something that seems to price a fantastic deal is "luxurious". some thing that appears to cost little is "less expensive". "costs of the desk" are charges for eating, refreshments, a banquet, and many others. In accounting, cost is any unique outflow of cash or other treasured property from a person or agency to every other person or organisation.
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michael was asked to collect the financial data from all the different departments so that top management could determine if they met their goals. what point is the at company in its budgeting process?
At the end of the budget period. This is the point the at company in its budgeting process.
What Is the Process of Budgeting?
Budgeting is the process of looking back at previous budgets and making plans for a future budget with the intention of predicting income. To understand what a budget is, one does not need to work in company management.
The step of this procedure that involves planning and approval is budgeting. Later comes accounting and auditing of government spending (such as internal and external controls). Government revenues and expenses are decided upon and distributed through the budget process.
Which 4 budgeting techniques are there?
Companies often utilize one of four types of budgets: incremental, activity-based, value proposition-based, or zero-based. Each of these four budgeting techniques has benefits and drawbacks, which will be covered in greater detail in this article.
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salespeople should persist if the first effort to close is rejected, as this type of buyer admires persistence. which communication style does this buyer have?
This buyer has a directive communication style.
What characterizes a buyer?A buyer is what? Purchasing things for a firm to use or sell in their own enterprise falls under the purview of buyers. In-depth research, the capacity to manage an inventory, assess the quality of products, stay within a budget, and contract negotiations with suppliers are all necessary for this role.
What are the three categories of consumers?The typical spender, the spendthrift, and the tightwad are the three primary categories of buyers, it is important to realize this. The labels given here certainly provide sufficient context, but let's delve a little deeper so you can see how these three buyer types can affect your marketing strategies.
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which management perspectives typically consider an organization to be a closed system? (choose every correct answer.) multiple select question. contingency viewpoint human relations movement classical management viewpoint management science perspective
The management viewpoints that often perceive an organization as a closed system are the classical management viewpoint and the management science perspective.
What is classical management viewpoint ?According to the traditional management paradigm, employees are highly motivated by their financial rewards and basic bodily necessities. Organizations that use this management style frequently give workers opportunity to get incentives for their productivity on a regular basis. As a result of being acknowledged for their achievements, this can boost an employee's sense of gratitude and make it simpler for managers to inspire staff. For instance, the traditional management philosophy does not take into account a worker's need to interact with coworkers or exercise creativity while carrying out tasks. This may be a drawback for businesses that depend on collaboration, original ideas, and honest communication.
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binder corp. has invested in new machinery at a cost of $1,450,000. this investment is expected to produce cash flows of $640,000, $715,250, $823,330, and $907,125 over the next four years. what is the payback period for this project? (round your answer to two decimal places.)
The payback period of the project by Binder Corp., can be found to be 2. 12 years.
What is the payback period ?Payback period describes how long it takes to recoup the cost of an investment. It is simply the amount of time it takes an investment to break even.
The payback period is crucial since people and businesses invest money primarily to be reimbursed. In general, an investment is more appealing the faster its payoff is. Everyone may benefit from knowing the payback period, which can be calculated by dividing the initial investment by the typical cash flows.
The payback period in this instance for Binder Corp. is therefore:
= Year before payback period + Cashflow to be paid / Cash flow in year of payback
= 2 + ( 94, 750 / 823, 330 )
= 2 + 0.12
= 2. 12 years
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_____ are all the individuals or groups to whom a business has a responsibility.
Stakeholders are all the individuals or groups to whom a business has a responsibility. Thus the correct option is D.
What is business?Business is an economic activity that entails the exchange of goods and services with the aid of purchasing and selling with the intention of making a profit.
Stakeholders have the responsibility to make legally enforceable choices and can influence the project's timeline and budget. Most project participants are accountable to businesses.
The goal of business social responsibility is to benefit stakeholders. Therefore, option D is appropriate.
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The complete question is probably
_____ are all the individuals or groups to whom a business has a responsibility.
A. Stockholders
B. Consumers
C. Lobbying bodies
D. Stakeholders
E. Investors
the statement of cash flows shows the following information: cash provided by operating activities of $17,100 cash used by investing activities of $7,800 cash used by financing activities of $2,300 the beginning cash was $15,200. what is the amount of cash at the end of the period?
$25,900 is the amount of cash at the end of the period.
Quantity or quantity is a assets that may exist as a mess or value, which illustrate discontinuity and continuity. portions can be as compared in terms of "greater", "less", or "same", or through assigning a numerical fee more than one of a unit of measurement. Mass, time, distance, heat, and perspective are many of the familiar examples of quantitative properties. amount is a number of the fundamental instructions of things in conjunction with nice, substance, change, and relation. a few portions are such via their inner nature (as range), while others feature as states (houses, dimensions, attributes) of factors such as heavy and light, long and short, large and narrow, small and super, or much and little. underneath the name of multitude comes what's discontinuous and discrete and divisible in the long run into indivisibles, which includes: army, fleet, flock, authorities, employer, party, people, mess (army), refrain, crowd, and number; all which can be instances of collective nouns.
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this is stewart company balance sheet c) based on the information in stewart company balance sheet, what is the average collection period?
Stewart company balance sheet assets: cash and marketable securities 600,000.
What is balance sheet?A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status." The balance sheet is the only one of the four fundamental financial statements that only applies at one particular period in a company's fiscal year.
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what is the best description of discount for lack of control in a private company valuation? group of answer choices discount for lack of control is a discount based upon lack of salability. discount for lack of control is based on studies of restricted private company stocks. discount for lack of control is an individual level discount and discount for lack of marketability in an entity level discount. discount for lack of control is an entity level discount and discount for lack of marketability in an individual level discount.
Discount for lack of control is based on research of restricted private company stocks.
What does valuation discount mean?A valuation discount refers to the loss of value a buyer has estimated for a company compared to its peers in the same industry. Buyers typically review comparable transactions as part of their due diligence prior to consummating an acquisition.
When is a lack of marketability discount appropriate?A discount for lack of marketability (DLOM) is applied to valuations of private companies. This refers to the fact that the company is not listed on financial exchanges. Publicly traded companies are considered to have a 'market' because stocks can be bought and sold on a centralized market.
How does the discount rate affect rating?Future cash flows are decreased by discount rate. The higher the discount rate, the lower the future cash flow's present value. On the other hand, the lower the discount rate, the higher the present value. In other words, if the discount rate is high, the value of money in the future will be lower than it is today.
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in economics, which is the major role of business? responses purchase services purchase services establish safety regulations establish safety regulations guide the economy guide the economy organize production
One's economy runs on business. Jobs created by business enable individuals to produce commodities and money.
What constitutes a business?An institution or enterprising entity engaging in commercial, industrial, other professional activity is referred to as a business. Businesses can be profit - making corporations or charitable institutions. Limited liability firms, sole proprietorships, partnerships, and partnerships are among the several types of businesses.
What are business fundamentals?Most businesses begin with a plan. Business owners use the information or recommendations in their plans for their businesses to achieve their aims and objectives. Startup plans provide details about the management style, organizational structure, financial requirements, and market analysis for the new business venture.
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true or false? common uses for active lists include sending unique marketing emails based on each contact's behavior and properties. true false
Sending customized marketing emails based on the traits and behaviors of each contact is a typical usage for active lists.
which are contained in the active lists? Active lists. Placing outbound calls to contacts based on behavior and property values. sending customized marketing emails depending on each contact's behavior and characteristics.Organize your contacts according to their lifecycle stages to regularly track their behavior and characteristics. You may construct a list of contacts or businesses using HubSpot's lists tool based on factors like property values and other criteria, such as actions.This article contains instructions for using the lists tool to create and edit lists.Learn how to choose criteria or manually add records to static lists to set up your list criteria and update existing lists.Your HubSpot account contains two different kinds of lists: active lists and static lists.Based on its criteria, active lists update their members automatically.Records will be added to the list when they meet the requirements, and removed from the list when the requirements are no longer met.To learn more about HubSpot's lists tool refer
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Use this formula to help solve the problem.
• gross income = total of all incomes added together
Given the following information what does the gross income for the month equal?
Cash $100, Checks = $200, Credit Card Charges = $400
O $600
O $300
O $700
O $500
a custom home containing 4,320 square feet was recently constructed on a $145,000 lot. construction costs were $80.25 per square foot, and other fees and costs totaled $12,785. what was the total cost of the property?
The total cost of the property is $504465.
How is a property's worth determined?To arrive at the assessed value, an assessor considers data on your property and community while contrasting it with other properties nearby. The appraiser employs the market approach, a technique for determining value based on the prices at which comparable homes have recently sold. According to the cost technique, the value of the property is determined by adding the land cost to the total building expenses, minus depreciation. Compared to other approaches, it produces the most accurate market value when a property is brand new.
Total cost = (4320*80.25)+145000+12785
Total cost= $504465.
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jessica has been answering a buyer's questions throughout her sales presentation and receiving positive signals from the buyer. when she gets to the final close, what should she ideally do?
Jessica should anticipate that the final close will be a natural part of the conversation as she has been responding to the buyer's questions about her sales and has received favourable feedback. The correct response is A. push harder to get the commitment.
According to the query, Jessica had been enquiring during her sales presentation and had also been getting favourable feedback from her client. She should just anticipate the ending to be a natural part.
Of the dialogue since she has been giving a fantastic presentation and the audience has been responding favourably to her. She doesn't have to put in more effort or take any more steps to get her point across.
complete question:
jessica has been answering a buyer's questions throughout her sales presentation and receiving positive signals from the buyer. when she gets to the final close, what should she ideally do?
A. push harder to get the commitment.
B. expect the final close to be a natural part of the
ongoing dialogue.
C. offer to re-state the benefits so that the
prospect can take the issue into consideration.
D. anticipate further objections and answer them
in advance.
E. do or expect none of the above
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in december 1994, a man in ohio decided to deposit all of the 8 million pennies he had been saving for nearly 65 years. (his deposit weighed over 48,000 pounds!) with a reserve requirement of 13 percent, how did his deposit change the lending capacity of
His bank's loan capacity changed by $76,000, and the entire banking system's lending capacity changed by $1,600,000.
How does a lender assess your ability?
Capacity. Lenders need to know if you can afford your payments comfortably. Your ability to repay outstanding debt is likely to be best predicted by your income and employment history. Considerations may include income type, level, and stability.
What are the different kinds of lending?
Personal (or "consumer") lending and commercial lending are the two main categories into which lending can be generally divided. Although they are handled differently, several loan kinds are accessible for both personal and commercial financing.
Briefing:
His bank's adjusted lending capability is calculated as follows: (1 - reserve requirement) times the amount deposited in dollars
(1 - 0.05) x (8 million pence x 0.01)
0.95 x 80,000 = $76,000
Supply and aggregate in dollars / bank reserves equals a change with in financial system in order to lend money.
80,000 / 0.05 = $1,600,000
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Fill in the missing values in the following table, selecting the answers closest to the values you calculate.
Year
Quantity of Money
Velocity of Money
Price Level
Quantity of Output
Nominal GDP
(Dollars)
(Dollars)
(Cell phones)
(Dollars)
2017 200 ??
5.00 400 ?
2018 202 10 ?? 400 ??
The money supply grew at a rate of (.5%, 1%, 1.25%, 101%) from 2017 to 2018. Since cell phone output did not change from 2017 to 2018 and the velocity of money (increased, decreased, remained the same), the change in the money supply was reflected (partially, entirely) in changes in the price level. The inflation rate from 2017 to 2018 was (.5%,1%,1.25%,101%).
The velocity of money in 2017 is 10.
The nominal GDP in 2017 is $2000.
The price level in 2018 is $5.05.
The nominal GDP is $2020.
The money supply grew at a rate of 1% from 2017 to 2018. Since cell phone output did not change from 2017 to 2018 and the velocity of money remained the same, the change in the money supply was reflected entirely in changes in the price level. The inflation rate from 2017 to 2018 was 1%.
What is the nominal GDP and the velocity of money?Nominal GDP is the total value of goods and services produced by a country using current year prices. Nominal GDP is the product of the price level and the quantity of output.
Nominal GDP = price x quantity of output
Nominal GDP in 2017 = $5 x 400 = $2000
Velocity measures how fast money changes hands in the economy. According to the quantity theory of money, the product of velocity and the quantity of money is equal to nominal GDP.
Velocity x quantity of money = price level x quantity of output
Velocity x quantity of money = nominal GDP
Velocity = nominal GDP / quantity of money
Velocity in 2017 = $2000 / $200 = 10
Changes in price levels is used to measure the rate of inflation in the economy.
Price level = (Velocity x quantity of money) / quantity of output
Price level in 2018 = (202 x 10) / 400 = 5.05
Nominal GDP in 2018 = 5.05 x 400 = 2020
Inflation rate increase from 2017 to 2018 = (price level in 2018 / price level in 2017) - 1
Inflation rate increase from 2017 to 2018 = (5.05 / 5) - 1 = 0.01 = 1%
Increase in money supply from 2017 to 2018 = (quantity of money in 2018 / quantity of money in 2017) - 1
Increase in money supply from 2017 to 2018 = (202 / 200) - 1 = 0.01 = 1%
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a country has domestic investment of $200 billion. its citizens purchase $600 of foreign assets and foreign citizens purchase $300 of its assets. what is national saving?
a country has domestic investment of $200 billion. $500 billion is national saving.
What is domestic investment?Gross private domestic investment is the measure of physical investment used in computing GDP in the measurement of nations' economic activity. This is an important component of GDP because it provides an indicator of the future productive capacity of the economy. It includes replacement purchases plus net additions to capital assets plus investments in inventories. From 2002 to 2011 it amounted to 14.9% of GDP, and from 1945 to 2011 was 15.7% of GDP (BEA, USDC, 2013). Net investment is gross investment minus depreciation. Of the four categories of GDP (investment, consumption, net exports, and government spending on goods and services) it is by far the least stable.
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what type of products are most often made in countries that have industrially advanced economies and large amounts of capital?
In countries that have industrially advanced economies and large amounts of capital, the most common products are those that require highly sophisticated technology and a great deal of capital investment. Capital investment is the deployment of money or capital to purchase the assets which are expected to generate income or make some appreciate in value over time.
Examples of these products include automobiles, electronics, aerospace components, medical equipment, pharmaceuticals, and industrial machinery. Additionally, these products often require components from multiple suppliers and often involve complex supply chains. Due to the complex nature of the products, these industries often require large amounts of research and development before the product is ready for the market.
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what brought an increase in income and growth in the gnpgnp for the united states during the twenties?
Industrialization and technology brought an increase in income and growth in the GNP for the united states during the twenties.
What is GNP with example?The production of physical items like cars, farm equipment, and machinery, as well as the delivery of services like healthcare, business consulting, and education, are all included in the gross national product. Depreciation and taxes are also included in GNP.The value of the final domestic products and services generated inside a country's boundaries is known as the gross domestic product (GDP). The value of all completed products and services held by a nation's residents, regardless of whether those things were made in that nation, is what is known as its gross national product (GNP).Gross national product, often known as GNP, is the total worth of products and services generated by citizens of a nation over the course of a fiscal year.Learn more about gross national product refer to :
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Which of the following can force wages down?
The option that can force wages down is option C. recession
What is a recession?In economics, a recession refers to a business cycle reduction, shrink or contraction that happens when there is a general fall or downward flow or decline in economic activity. Recessions commonly happens when there is a widespread drop in spending. Recession may affect or reflect in the economy by causing unemployment and downward pressure on wages.
Therefore, considering salary increase will not result in wages reduction but increases it. Promotion implies that there will be increase in the usual wages. As individual moves up the ladder of the job, so the pay moves up.
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The complete question goes thus:
Which of the following can force wages down?
A. Salary increase
B. Promotion
C. Recession
D. none of the above
which of the following statements is not correct? group of answer choices the amount of social security tax withheld depends on an employee's gross earnings, marital status, and number of withholding allowances. federal law requires that social security, medicare, and federal income taxes be deducted from the gross pay of most employees. medicare taxes are levied in an equal amount on both employers and employees. once an employee's year-to-date wages reach a certain amount prescribed by law, social security tax is no longer withheld.
The gross income, marital status, and number of withholding allowances of an employee all affect the amount of social security tax withheld.
How Can I Get Rid of Social Security Taxes?You might be required to pay taxes on your Social Security income if you are still working in retirement. You could be required to pay up to 50% in taxes on your Social Security benefits if your annual income as a person is between $25,000 and $34,000. You could be required to pay up to 85% of your income if it exceeds $34,000. You can reduce your income, transfer income-producing assets to an IRA, take fewer withdrawals from retirement plans, and contribute your required minimum distribution to reduce your tax.
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Any description of the goods which is made part of the basis of the bargain creates an express warranty that the goods shall conform to the description.
True
False
The statement any description of the goods which is made part of the basis of the bargain creates an express warranty that the goods shall conform to the description is True.
What is express warranty?An express warranty is when a seller tend to agree that he /she will provide another replacement of a product to a buyer when a buyer purchase a product and found out the product is damaged or faulty.
Express warranty can tend to give a buyer the assurance that the product they purchase from a seller can be return if the product is faulty after purchasing it . Express warranty on a product can increase the purchase of that product.
Therefore the statement is true and it is an element of Expressed Warranties
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prater incorporated enters into an exchange in which it gives up its warehouse on 10 acres of land and receives a tract of land. a summary of the exchange is as follows: transferred fmv original basis accumulated depreciation warehouse $ 300,000 $ 225,000 $ 45,000 land 50,000 50,000 mortgage on warehouse 30,000 cash 20,000 20,000 assets received fmv land $ 340,000 what are prater's realized and recognized gain on the exchange and its basis in the assets it received in the exchange?
Prater's realized and recognized gain on the exchange is $20,000 and its basis in the assets received in the exchange is $340,000.. This is calculated by subtracting the FMV of the assets transferred ($380,000) from the FMV of the assets received ($340,000). Prater's recognized gain is also $20,000.
This is because the FMV of the assets received ($340,000) is greater than the original basis of the assets transferred ($225,000). Prater's basis in the assets it received in the exchange is $340,000 (the FMV of the assets received). This is calculated by adding the cash ($20,000) to the FMV of the land received ($320,000).
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if the nominal interest rate is 10% and the inflation rate is expected to be about 4%, what is the approximate real interest rate?
If the real interest rate is yearly, then 10% and the anticipated rate of inflation is 4%,The nominal interest rate would be about.14% (10% + 4% = 14%).
What do you mean by interest?Your interests are indeed the things that you like to do and the things that you prefer to learn about. of curiosity. When something is interesting, it keeps your interest and piques your curiosity: There was not much of interest discussed.
What is an example of simple interest?Simple Interest (Innovative capabilities) is a way for figuring out how much interest will accrue on a specific principal sum of money at a certain rate of interest. For instance, if someone borrows Rs. 5000 at the a rate of Ten p.a. for 2 years, they will pay S.I. on the money borrowed for those two years.
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the personal media strategy lecture discussed three realms of social media leadership. the first is branding, the second is engaging, and the third is:
The personal media strategy lecture discussed three realms of social media leadership. The first is branding, the second is engaging, and the third is learning.
What are private social media platforms?A personal social network is a website that enables users to communicate with "personal relationships in a shared social area," according to the FTC. Platforms like Pinterest, which it referred to as interest-based platforms, are excluded by this criteria.
How do social media platforms affect leadership?Both communication and competitive advantage are enhanced. Getting CEOs on other networks goes beyond merely giving the leadership a forum to express their ideas since social media is all about two-way communication. Moreover, it's about maintaining relevance and fostering connections.
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Which of the following is a voluntary lien?
A. Mortgage lien
B. Estate tax lien
C. Real estate tax lien
D. Judgment lien
A is the best choice because the mortgage lien is a voluntary lien. The primary lien on the majority of properties, your mortgage, is actually extremely advantageous.
What exactly is a mortgage lien on real estate?A lien is a legal right that grants an individual or organization a claim to a collateral asset until the debt is paid in full. If the obligation is not paid in full, the lien holder has the right to take the borrower's property. Even though this essay is mostly about houses, you might also have liens on your car or other things that you pay off over time.
In general, it is bad to have a lien on your house or other property. However, liens are present on the homes of a lot of people.
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Economists involved in discussions of healthcare, climate change, immigration and other topics have no consensus in how to address them because
a. they revolve around discussions of equality versus environment.
b. there are too many correct outcomes and economists are not good at making decisions.
c.policies to address these issues involve trade offs for society and influence the efficiency of markets.
d.economists have been studying these issues for many years.
Economists involved in discussions about healthcare, climate change, immigration, and other issues address them because policies to address these issues involve trade-offs for society and affect market efficiency. Hence option C is correct .
What is Market ?In economics, a market is defined as a collection of systems, institutions, processes, social relationships, or infrastructures that allow parties to exchange goods and services.
Even though parties can exchange goods and services for cash, the vast majority of markets rely on vendors offering their goods or services—including labor—to customers in exchange for money. In this sense, a market is the system that determines the prices of goods and services. Markets facilitate trade by distributing and allocating resources within a community.
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harry is thinking about meeting connie. he writes a text message to connie, inviting her for a drink at the local bar. this is an example of
The procedure that Harry followed to meet connie is an example of - Encoding.
What is encoding?Encoding is the process of converting ideas into language. The message is transmitted by the encoder using a "medium" such a phone call, email, text message, in-person meeting, or other communication method.
In various domains, encoding might have different implications-
Encoding is the procedure used in computer technology to apply a certain code, such as letters, symbols, and numbers, to data in order to transform it into a comparable cipher.
Encoding in electronics is the conversion of analog signals into digital ones.
Example of encoding-
A youngster can encode a sound, for instance, if they hear the sound /t/ and then write the letter 't'.
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