8 units of F and 3 units of S consumption bundles is part of his consumption possibilities.
Consumption is the act of the usage of sources to fulfill present-day want and desires.[1] it's far seen in contrast to making an investment, that is spending for the acquisition of destiny earnings.[2] intake is a first-rate concept in economics and is likewise studied in lots of different social sciences. One of a kind colleges of economists define consumption differently. In line with mainstream economists, best the final buy of newly produced goods and offerings by way of individuals for fast use constitutes consumption, at the same time as other varieties of expenditure — specially, constant investment, intermediate consumption, and government spending — are positioned in separate categories (see customer choice). Other economists define intake lots greater extensively, because the mixture of all monetary interest that doesn't entail the design, production and marketing of goods and offerings.
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The two biggest factors that distinguish one competitive strategy from another concern.
The two biggest factors in a competitive strategy to attract attention are market orientation and environmental adaptability.
Business competition, or what is also known as business competition, is the phenomenon of competition or competition between business people engaged in the same field. The purpose of competing with each other is to increase business revenue by increasing sales and markets.
The purpose of preparing a business strategy is so that business activities that will be carried out or are currently running stay on the right track and in accordance with what was previously planned. The business strategy also aims as a guide to sharpening the plans that have previously been made.
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if a central bank increases the money supply in response to an adverse supply shock, then which of the following quantities moves closer to its pre-shock value as a result? a. output but not the price level b. both the price level and output c. neither output nor the price level d. the price level but not output
If a central bank increases the money supply in response to an adverse supply shock, then price level of the supplied commodity.
What is central bank ?A central bank refers to a public institution that controls the currency of a country or group of countries and controls the money supply. The main goal of many central banks is price stability. A central bank's key role is to implement monetary policy to achieve price stability and manage economic volatility. The political framework in which central banks operate has changed significantly in recent decades. Like any central bank, the ECB derives its income from a variety of sources. These range from interest income related to the issuance of banknotes, known as 'seigniorage income', to interest income on foreign exchange reserves, investments and bonds purchased under the Asset Purchase Program.To learn more about central bank from the given link :
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you are busy with a customer who is considering making a major investment in a quality three carat diamond ring for his wife. a new customer enters the store, and is waiting for you to finish with your present customer. your best approach is to:
Tell the new customer to wait for their turn will be my best approach.
While I'm assisting the customer to make a major investment, I'll tell the new customer to have a seat for a moment and ask for any refreshment like tea or coffee until I'm done with the present customer.
I'll call the pantry boy to assist the new customer to have something and settle him somewhere comfortable.
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the communication process begins with selecting a target audience -- the group with whom take-a-ride will be communicating. which target market would be the most likely to find the bike-share program valuable, and thus be the most profitable for the firm?
According to the transmission model, communication is a one-way, linear process in which a sender encrypts a message before transmitting it across a channel to a receiver who decodes it.
What is Transmission Model of Communication?According to the transmission model, communication is a one-way, linear process in which a sender encrypts a message before transmitting it across a channel to a receiver who decodes it. Environmental or semantic noise may obstruct the message transmission.In 1948, Claude Shannon created the first significant communication model, which was later published by Bell Laboratories with an introduction written by Warren Weaver.In general, a transactional model is a model that considers interactions in two ways at once, such as from one person to another and back or from one subsystem to another and back.To Learn more About transmission model value refer to:
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Greta is in a meeting where she's having a hard time being a part of the conversation, but she has a relevant idea to share. what would be the best way for her to signal that she'd like a turn to speak? question 22 options: stand up and wave her arms. raise a finger in the air. interrupt whoever is talking. send a text to the person sitting next to her.
Since, Greta is a part of conversation, she should stand up and wave her arms to share the relevant idea that came to her mind.
Interactive communication among two or more individuals is known to as conversation. An critical characteristic of socializing is the formation of communication abilities and manners. A common location of emphasis in language instruction and learning is the development of conversation abilities in a foreign tongue. A subfield of sociology called conversation analysis specifically focuses on conversation while studying the organization and structure of human interaction. Because conversations are interpersonal engagements that rely on societal convention, they are subject to etiquette norms. The cooperative principle gives rise to specific conversational rules. These instructions must be adhered to or the dialogue will eventually degenerate or come to a halt. Conversation contributions are in reaction to what has already said.
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Answer:the correct awnser is raise a finger in the air
Explanation: by standing up and raising your arms you might hit someone but it could also distract other people who are trying to listin to the current speaker.
emma henderson is planning a north american odyssey and has $1500 budgeted for spending money. it costs $.60 to buy a peso and $.75 to buy a canadian dollar. she expects her adventures in mexico to take more time, so she wants to have five times as many pesos as canadian dollars. set up and solve a system of equations to model this problem, and explain what your answer means in practical terms.
The system of equations are:
0.60p + 0.75c = 1500 equation 1
p = 5c equation 2
The Mexican pesos that Emma should have is 2000.
The amount of of Canadian dollars that Emma should have is 500.
What are the solutions ?The system of equations to model the problem are:
0.60p + 0.75c = 1500 equation 1
p = 5c equation 2
Where:
p = number of pesos bought c = number of Canadian dollars boughtThe substitution method would be used to determine the required values.
Substitute for p in equation 1 using equation 2:
0.60(5c) + 0.75c = 1500
3c + 0.75c = 1500
3.75c = 1500
c = 1500 / 3.75
c = 400
Substitute for c in equation 2 :
p = 5(400)
p = 2000
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How are securities issued by the state and local governments and corporate bonds similar ?
How are they different ?
Securities issued by the state and local governments and corporate bonds similar and they different in the sense that government bonds, corporate bonds are exposed to interest rate risk and they are different because one is been controlled by the government and others by private companies
What are Securities?Securities can be described as the fungible as well as tradable financial instruments that can be utilized when trying to raise capital in public and private markets.
It should be noted that this can be attributed to both the state and local governments and corporate bonds.
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as product brand manager, your task is to successfully introduce burnin' rock into the marketplace and manage the brand through its product life cycle. you have significant freedom to make the marketing decisions you think best, but the vice president of marketing has directed you to make at least some profit on this brand each year beyond the first.
Under most life-cycle conditions, earnings typically height before sales do, with income achieving their peak degree in the course of the early increase levels and sales reaching their height in the maturity stages
What are the four ranges of product existence cycle and what does it help enterprise with?A product's existence cycle is commonly damaged down into four stages; introduction, growth, maturity, and decline. Product life cycles are used through management and advertising and marketing specialists to assist decide advertising schedules, price points, enlargement to new product markets, packaging redesigns, and more.
Focusing on keeping expenses low can help groups at some stage in the maturity stage of a product existence cycle
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https://brainly.com/question/28388211#SPJ4a disadvantage of using radio as an advertising medium is that: a. it is expensive. b. the message cannot be tailored easily to adapt to local preferences. c. it has a highly segmented audience. d. it lacks flexibility.
Option C is correct, One disadvantage of using radio as an advertising medium because of having a highly segmented audience.
Advertising is a marketing communication method or a way of promoting goods and services to the masses and targeting audiences via mass media such as newspapers, radio, television, etc. Radio has become an old and outdated medium for advertisement as after digitalization people are moving towards phones where compulsion advertisement is running on almost all social media. Radio has a very segmented means targetted and tailored audience only, which is also limited due to inconvenience in visualization and limited listener attention. Advertising on the radio can lead to getting ignored by the listener and may change the station.
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i understand you want to define a more clear set of policies and procedures for working from home, but we need to justify this for the entire company. why do you think defining our policy is important to address company-wide?
A. This policy definition makes it more fair for everyone by allowing men and women to work from home as it fits their job duties.
The definition of "work from home" makes it clear that it is available to all employees as long as they can perform their duties more effectively. The definition is balanced and does not favor or disadvantage anyone.
Managers develop or modify policies to assist men and women employees in working productively in difficult situations. A 'work-from-home policy is not gender-specific, and it applies to all employees whose job duties require them to conduct business from home.
For example, if the company's salespeople communicate with clients in different time zones after working hours, the policy can be beneficial.
If employees are unable to attend during emergency situations such as pandemics or severe weather, the policy can help to ensure business continuity.
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The complete question is:
Amanda: I understand you want to define a more clear set of policies and procedures for working from home, but we need to justify this for the entire company. Why do you think defining our policy is important to address company-wide?
A. This policy definition makes it more fair for everyone by allowing men and women to work from home as it fits their job duties.
B. Defining our policy supports mothers, in particular, by normalizing a practice of flexible work locations for all employees so that mothers can care for their children without be thought of as shirking their responsibilities.
C. This policy enables employees more autonomy over their work location which will attract a broader and more diverse group of applicants in the future.
D. Working from home helps decrease our carbon footprint by distributing energy consumption among many locations rather than centralizing it here.
high rate of agriculture, high infant mortality rate, and low per capita income are most characteristic of which of the following?
The high rate of agriculture, the high infant mortality rate, and the low per capita income are most characteristics of under-developed infant.
What is mortality rate?The mortality rate, sometimes known as the death rate, is an indicator of how many people die within a given population each year, scaled to that population's size. A mortality rate of 9.5 (out of 1,000) in a population of 1,000 would represent 9.5 deaths per year in that entire population, or 0.95% of the total. Mortality rates are commonly reported in units of deaths per 1,000 inhabitants per year. The crude death rate, which considers mortality from all causes in a particular time period for a given population, is a crucial specific mortality rate measurement. The CIA, for instance, predicts that by 2020, there would be 7.7 deaths per 1,000 people worldwide annually.
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traditionally, retail outlets carried related lines of goods. today, however, , or offering several unrelated product lines in a single store, is common. multiple choice scrambled merchandising mass merchandisingincorrect supersizing category formatting hypermarketing
Traditionally, retail outlets carried related lines of goods. Today, however, a.scrambled merchandising, or offering several unrelated product lines in a single store, is common.
In previous times, retail outlets just had a single line of products that were related. One did not have the luxury to find multiple kinds of products in a single business.
However, today, scrambled merchandising has become popular due to which a customer can locate many products in a single store and hence this has made the shopping process for customers more reliable and easy. One can easily find unrelated products in different sections of the same store.
The question will be written properly as:
Traditionally, retail outlets carried related lines of goods. today, however,or offering several unrelated product lines in a single store, is common. multiple choice
a)scrambled merchandising
b)mass merchandising
c)incorrect supersizing category
d) formatting hypermarketing
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Which scenario would you rather have:
Buy a $24,000 car 4.75% interest for 4 years?
Or
Buy a $20,000 car 5.69% interest for 5 years?
Explain how you reached your decision. Your decision should be based upon your calculations.
I would prefer to buy $20000 car 5.69% interest for 5 years
Scenario 1
If one buys a car for $24,000 4.75% interest for 4 years
The monthly payment would be $549.99 and total interest would be $2399.48
Being total cost = $26399.48
Scenario 2
If one buys a car for $20,000 5.69% interest for 5 years
The monthly payment would be $365.54 and total interest would be $1932.35
Being total cost = $21932.35
Conclusion
With the above calculations, we can conclude that buying the car for $20,000 (scenario 2) would be more appropriate because the interest is lower than scenario 1 car. Also the EMIs are low as compared to Car1.
Thus Car 2 would be more appropriate in terms of saving interest
What does the term "auto loan" mean?
You can get a loan to buy two- and four-wheeled vehicles for personal usage. Typically, the lender advances the funds (paying the dealer directly on the buyer's behalf), and the borrower is required to return the loan in EMIs over a predetermined period of time at a predetermined interest rate.
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how might advertising reduce economic wellbeing? how might advertising increase economic well-being?
Advertising may cut back economic well-being by exploiting resources to tell patrons concerning goods/services rather than manufacturing goods/services.
Advertising plays a robust role in the economy: It provides helpful data to customers that tells them about product and repair selections, moreover as examination options, benefits, and prices.
Advertising may cut back economic prosperity due to its pricey, manipulates people's tastes, and impedes competition by creating products that seem additionally different.
Advertising may cut back economic well-being as a result of it manipulating people's tastes and impeding competition by creating products that seem additionally different than their extremely area unit. However, advertising may increase economic well-being by providing helpful data to customers and fostering competition.
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Vida is a purchasing agent for Wholesome Foods with the authority to buy grain up to a certain quantity. After the grain is bought, the agency relationship terminates
automatically.
following notice to all actual grain sellers.
following notice to all potential grain sellers.
following published notice in a local newspaper.
Vida is a purchasing agent for Wholesome Foods with the authority to buy grain up to a certain quantity. After the grain is bought, the agency relationship terminates automatically. So first option is the correct one.
An agency relationship is created by what?An agency relationship is established when one person (the principle) authorizes another person (the agent) to act on his or her behalf while still being under the P's authority. Most frequently, agency is discussed in reference to business-related issues of some kind. The term "master-servant" applied to this relationship under common law.
What makes agency relationships crucial?For their customers to reach their audience, agencies are essential. The client-agency connection must therefore be solid. To their intended audience, agencies communicate the client's vision. The effectiveness of the agencies affects sales and marketing.
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when a capital budgeting decision does not involve any revenues, the most desirable alternative is the one with the blank .
When a capital budgeting decision does not involve any revenues, the most desirable alternative is the one with the least total cost from a present value perspective.
The capital of a business is the money it has day-to-day everyday pay for its operations and daily fund its destiny growth. The 4 principal forms of capital encompass working capital, debt, fairness, and buying and selling capital. trading capital is used by brokerages and different economic establishments.
In a commercial enterprise, capital approach the cash an organization desires everyday characteristic and every day extend. typical examples of capital encompass coins to hand and money owed receivable, close to coins, fairness, and capital property. Capital properties are huge, lengthy-time-period belongings not intended daily be offered as part of your everyday commercial enterprise.
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listen to exam instructions you have been offered a position as a security analyst for acme, inc. the position will be remote. acme inc. has sent you your employment contract using a system that only allows you to open and digitally sign the contract. which rights management method is being used?
Information Rights Management (IRM) is being used to open and digitally sign the contract.
What is Information Rights Management (IRM)?Digital rights management, which uses technologies to guard sensitive data against illegal access, includes information rights management. E-DRM, or enterprise digital rights management, is another name for it. Through an integrated picture of how well an organisation manages its particular set of risks, integrated risk management (IRM), a set of policies and processes backed by a risk-aware culture and supporting technologies, improves decision making and performance. IRM is an alternative to standard Digital Rights Management (DRM), which only applies to mass-produced media like songs and movies. IRM covers privately produced documents, spreadsheets, and presentations. IRM guards against illegal copying, reading, printing, forwarding, deleting, and modifying of files.
Hence, Information Rights Management (IRM) is being used to open and digitally sign the contract.
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Government usually regular monopolies when the __________ cost associated with the production of an essential good or service are relatively ________, and it may not make sense to have multiple firms duplicating these cost
Government usually regular monopolies when the relative cost associated with the production of an essential good or service are relatively inelastic, and it may not make sense to have multiple firms duplicating these costs.
What is a monopoly?It is a market situation where there is only a single seller and a large number of buyers. in this market, the buyers face price discrimination as there are only one seller presentalso it occurs when there is no competition in a particular industry and no substitutes for the goods produced. In such a market, the price of a product is set by a monopolist, and no other company can make a similar product.A market structure characterized by a pure monopoly. A monopoly occurs when a supplier offers a particular good or service to a large number of consumers. A monopoly market allows a monopoly (or dominant firm) to control the market and set prices and supply.thus, in this market prices are inelastic as there is only one seller which offers price according to its will & wish.
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becker tabletops has two support departments (janitorial and cafeteria) and two production departments (cutting and assembly). relevant details for these departments are as follows: support department cost driver janitorial department square footage to be serviced cafeteria department number of employees line item description janitorial department cafeteria department cutting department assembly department department costs $310,000 $169,000 $1,504,000 $680,000 square feet 50 5,000 1,000 4,000 number of employees 10 3 30 10 allocate the support department costs to the production departments using the direct method.
Allocated costs to cutting department = ($ 62000+ $126750) =$188750
Allocates costs to assembly department = ($248000+$42250) = $$290250 ( most support cost allocated to assembly department
Allocated costs to cutting department = ($ 31000+ $243000) =$274000 ( most support cost allocated to cutting department
Allocates costs to assembly department = ($124000+$81000) = $205000
Allocates costs to cafeteria department $155000
Allocated costs to cutting department = ($ 38200+ $216000) =$254200 ( most support cost allocated to Cutting department
Allocates costs to assembly department = ($152800+$72000) = $224000
A branch is an administrative or political division in many nations. Departments are the first-stage divisions of 11 nations, 9 in the Americas and two in Africa. An extra 10 international locations use departments as 2nd-level divisions, eight in Africa, and one every inside the Americas and Europe.
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if a transfer of property or cash in exchange for corporate stock does not meet the requirements of §351, the taxpayer must
If a transfer of property or cash in exchange for corporate stock does not meet the requirements of §351, the taxpayer must recognize.
There's no minimum order restriction on the acquisition of a publicly-traded employer's stock. Traders can also bear in mind shopping for fractional shares via a dividend reinvestment plan or DRIP, which doesn't have commissions.
The fact is, there at the moment are many brokerages with no minimal investment (or just very little). You can open an account with as low as just $1 and start making an investment. Brokerages like Robinhood, ally invest, and Stash all haven't minimums to start. And apps like Acorns even will let you make investments in your spare exchange.
Most brokerages in recent times have $0 account minimums (meaning you can open an account without funding it first), and some even have fractional buying and selling, meaning you could invest low dollar quantities — assume $5 or $10 — in preference to paying for the charge of an entire percentage.
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Trucking llc enters into a contract to deliver a certain quantity of potatoes to united foods’s refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is.
Trucking LLC enters into a contract to deliver a certain quantity of potatoes to united foods’ refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is absolute.
What is refrigerated warehouse?
The term "fridge" refers to a business and residential appliance with a thermally insulated compartment and a heat pump (mechanical, electrical, or chemical) that transfers heat from the interior to the exterior to cool the interior to below room temperature. Around the world, refrigeration is a crucial method for keeping food fresh.
The refrigerator slows down food spoiling because the lower temperature slows down bacterial reproduction. The temperature inside a refrigerator is kept a few degrees above the water's freezing point. 3 to 5 °C (37 to 41 °F) is the ideal temperature range for the storage of perishable foods.
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if sunshine meals inc. begins producing a range of sugar-free marmalades to target a small segment of health-conscious consumers who would be willing to pay a premium price for products appropriate for their diets, this would be an example of:
If Sunshine meals inc. begins producing a range of sugar-free marmalades to target a small segment of health-conscious consumers who would be willing to pay a premium price for products appropriate for their diets, this would be an example of a. niche marketing.
In the field of business, niche marketing can be described as a kind of marketing strategy in which a particular product is focused on a particular group of customers.
A company uses niche marketing to focus on the needs of targetted customers and design a product for them with increased value mostly.
In the scenario above, Sunshine meals inc. is focusing on health-conscious consumers by making specific sugar-free marmalades. Hence, this scenario is an example of niche marketing.
Although a part of your question is missing, you might be referring to this question:
If Sunshine Meals Inc. begins producing a range of sugar-free marmalades to target a small segment of health-conscious consumers who would be willing to pay a premium price for products appropriate for their diets, this would be an example of
a. niche marketing
b. geographic segmentation
c. point-of-entry marketing
d. geodemographic segmentation
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according to gartner, what is the most important objective for organizations that want to maximize value from selecting, negotiating, and managing technology providers?
The most important objective for the organizations that want to maximize value from selecting, negotiating, and managing the technology providers is to train the new professionals.
What is negotiation?Negotiation is a conversation between two or more parties to resolve a disagreement on one or more points. It is a dialogue between parties hoping to reach consensus on issues of common interest. All or some of the parties involved may benefit from the agreement. To maximize their prospects of concluding agreements, preventing conflicts, establishing connections with other parties, or maximizing mutual benefits, negotiators should identify their own needs and objectives while simultaneously attempting to understand those of others involved. Resolution of disagreements, gaining an advantage for an individual or group, or creating agreements that serve multiple interests are the goals of negotiation.
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the chief business officer of a construction equipment company arranges a loan of $9,300, at interest for 37.5 months. find the amount of interest. (round to the nearest cent)
The fee you pay to borrow money or the fee you charge to lend money is called interest. Interest is $3523.83
Find the amount of interest ?
The basic interest formula is as follows:Interest is equal to P, R, and T.P is the principal sum (the beginning balance).Interest rate, R (usually per year, expressed as a decimal).T = Number of intervals of time (generally one-year time periods).
loan of principles p= $9,300,
at rate R= 12 1 /8 % interest
Rate R = 12.125%
for duration year T = 37.5 months
T= 37.5/12 = 3.125 years
Interest I=PRT/100
Interest I =( 9300*12.125*3.125)/100
Interest I = (352382.8125)/100
Interest I = 3523.83
Interest I= $3523.83
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computer game companies constantly monitor game-related blogs that track the latest products, because they know their customers crave the newest and most exciting games. they use this information to create new products that primarily provide the benefit of
Using this knowledge, new items can be developed that principally offer the advantage of staying competitive in a market where new products account for the majority of sales.
What is game-related blogs?A website or blog devoted to discussing video games is known as a gaming blog. In addition to providing gamers with advice, techniques, and hacks, gaming blogs frequently feature news, previews, and reviews of video games. Some gaming blogs, nevertheless, also concentrate on certain facets of gaming culture, like cosplay, fan art, and game modding.Three interconnected criteria can be used by businesses to determine whether a new product is successful:(1) whether it meets technical requirements, such as performance;
(2) whether customers accept it;
(3) whether it meets financial requirements, such as sales and profits, for the business.
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17. credit risk refers to: a. a customized scoring system that predicts, reduces, manages a credit portfolio b. a method to allocate capital to generate additional credit to avoid risk c. is the risk that an mbs issuer may default on the obligations d. risk training for bankers and mortgage brokers
Credit risk is the risk that an mbs issuer may default on the obligations. The correct answer would be option C.
Credit risk is the likelihood that a loss would occur as a result of a borrower's failure to make loan payments or fulfil contractual obligations. It has historically been able to indicate the likelihood that a lender may reject the due principal and interest. As a result, financial flows are disrupted and collection expenses are raised.
Extra cash flows can be created to provide more protection against credit risk. A greater coupon rate, which results in more significant cash flows might help a lender manage greater credit risk.
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the three major characteristics of the input source that generates arrivals or customers for the service system are . a. demographics, pattern, and behavior b. size, pattern, and behavior c. size, demographics, and pattern d. size, demographics, and behavior
The input source that represents the arrivals of customers to a system services have three main characteristics, they are the size of the population, demographics or statistical distribution, and arrival behavior. So the answer is D.
What is the explanation of three major characteristics of the input source?
Arrival population size is seen as finite or unlimited. A population is expressed as a population limited if there are only users in the queue that occurs a limited number of potential services. While population unlimited number occurs when there is an unlimited number of materials or people in the queue and can come anytime.
Arrivals are considered random arrivals (random) if the arrival is not bound to each other and the arrival event cannot be predicted with accuracy. Often in queue problems, arrivals at each unit of time can be estimated by a probability distribution referred to as the Poisson distribution.
Arrival behavior describes customer behavior who patiently waits in line until they are served or not switching queue lines and customers who refuse to join in the queue because feel the time needed to get service is too long.
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Originated by frederick brooks, what term describes the situation that is caused by the increased complexity of communications that result from adding more people to a project?.
Communication setbacks are the term used to describe the situation that is caused by the increased complexity of communications that result from adding more people to a project.
Brooke's Law:Brooks' rule is a software project management observation that states that adding people to a software project that is behind schedule delays it even more. Fred Brooks invented the term in his 1975 book The Mythical Man-Month. According to Brooks, when an incremental person is added to a project, it takes more time, not less time.
The first thing to make is that Brooks' law only applies to projects that are already behind schedule. By bringing people in early in the process, projects may be brought back into (or kept under) control. It is also critical to establish if the project is truly late or if the initial timeline was unduly optimistic. Many late projects are the result of scheduling errors. The greatest strategy to establish a meaningful and dependable time range for the project's completion is to correct the timeline.
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how do you know a selection device is valid? what are the possible consequences of using invalid selection methods? how can an organization ensure that its selection methods are valid?
Poor quality and unsuitable candidates will frequently be hired as a result of an ineffective staff selection process. If it is unreliable, it will make the negative effects worse and ultimately kill the organization.
Define the term invalid selection methods?Validity is a gauge of how effective a particular strategy is. A selection procedure is legitimate if it increases your chances of selecting the best candidate for the position.
It is feasible to evaluate recruiting choices based on desired results like a quick pick-up time, low attendance, or a solid safety record.Finding a new hire who is most fit for the position at hand is the process of employee selection, sometimes referred to as applicant selection. The steps in the hiring process are determined by the position for which you are hiring, your budget for recruiting, the seniority of the post, the resources at your disposal, and your organizational requirements.However, the majority of organization have a secret goal in mind when hiring new personnel. These qualities might not be present in these selecting processes.
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assume that the auditors are concerned about disbursement transactions that have been recorded for improper amounts. which procedure(s) would possibly identify these transactions?
The procedures used to identify these transactions will be tracing and vouching the source documents
A source document is an original document, which often contains the details of a business deal. As a result, a source document keeps track of all the important information about an arrangement, including the concerned parties, the day, certain cash payments, and the mechanics of the transaction.
Every entry in the journal proper should be supported by a voucher or other kind of documentation, and every entry should be explained by narration in order for an auditor to vouch for it. The technique of tracing, on the other hand, entails simply following the transaction of source documents in the books of accounting back to the original document.
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