In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is deducted from net income.
The indirect method is used to calculate the cash used or provided by operating activities. The amount is computed differently than in the direct method, but the net result is the same regardless of which method is used.
In the Investing Activities section, we must deduct the accounting gain from net income and add the proceeds from the sale. Because a gain increases net income but does not result in cash, it must be deducted from net income when converting to a cash basis from operating activities. A loss reduces net income, but because actual cash is not paid out, it must be added back in.
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the accounting standard regarding revenue requires an entity to follow a five-step approach. the first step is to
A generally accepted accounting principle called revenue recognition specifies how and when to account for revenue as well as the precise circumstances under which it must be recognized. The revenue recognition model is arranged as follows:
Determine the terms of the customer agreement.Identify the contract's performance requirements.Establish the transactional cost.Allocate the transaction price to the contract's performance commitments.As the entity completes its performance commitments, income should be recognized.What is Accounting?
Accounting is essential to running a business because it makes it easier to keep track of income and expenses, ensures legal compliance, and gives investors, management, and the government access to quantitative financial data that can be used to make decisions.
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Rather than carrying 15 brands of laundry detergent, ________ offer one or two brands and sizes, one of which is a store brand.
Rather than carrying 15 brands of laundry detergent, limited-assortment supermarkets offer one or two brands and sizes, one of which is a store brand.
One of the most popular grocery store categories in recent years has been limited assortment supermarkets. As the name implies, these stores provide consumers with limited assortments or selections of products at reduced prices. Bread, eggs, dairy, meats, poultry, dry goods, fruits, vegetables, and refrigerated and frozen items are examples of typical products.
These are frequently off-brand or store-brand items. These stores are typically smaller than traditional supermarkets due to their limited assortments. Limited assortment supermarkets include Sava-A-Lot, Trader Joe's, and Aldi.
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which of the following is an example of one of the major categories in the overall cpi?
A. apparel and accessories
B. entertainment
C. recreation
D. transportation and insurance
The following is an example of one of the major categories in the overall cpi C. Recreation
CPI measures costs in the following areas:
Food and beverages, housing, clothes, medical care, recreation, education and communication etc.
A CPI is a statistical calculation created using a sample of representative items with prices that are frequently gathered.
For various categories and sub-categories of goods and services, sub-indices and sub-sub-sub-indices can be calculated. These sub-indices and sub-sub-indices are then combined to produce the overall index, with weights reflecting their shares in the total of the consumer expenditures covered by the index. I
t is one of many price indices that are computed by the majority of national statistics organizations. As a gauge of inflation, the annual percentage change in a CPI is utilized.
A CPI can be used to control prices, deflate monetary magnitudes to reflect changes in real values, and index (i.e. compensate for the effect of inflation) the real worth of wages, salaries, and pensions.
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Explain, in your own words, why marginal revenue for a monopolist declines as output increases.
In a monopoly, marginal revenue is always equivalent to or lower than average revenue so because price fluctuates as the amount sold fluctuates.
The increase in revenue coming from selling one further output unit is known as marginal revenue. Although marginal revenue may stay unchanged at a particular level of output, this will eventually begin to decrease as the production level rises due to the law of diminishing marginal returns.
The entire revenue generated by a business divided by the total number of units is its average revenue. The average revenue and cost of a firm inside a competitive market equals its marginal revenue. This is the case so because price does not change regardless of changes in output levels. In a monopoly, marginal revenue will constantly be equal to or lower than average revenue because of price fluctuates as the amount sold fluctuates.
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In order to promote its new beauty product, a company hires an oscar-winning actress to model for their latest ad. The company is using which appeal?.
A company's decision to use an Oscar-winning actress as the face of its most recent advertisement to advertise a new beauty product is an example of an ethos appeal approach.
How does ethos appeal work?The writer's personality is drawn to ethos. Ethos can alternatively be seen as the author's position inside the argument and the strength of the writer's case.Ethos is the term used in business to describe a persuasive tactic that draws on sources of in-depth knowledge, credibility, or authenticity.In the hypothetical situation described in the question, a business employs an Oscar-winning model in an advertisement to bolster consumer confidence in the legitimacy of the new product. A persuasive strategy that will draw more buyers to the beauty product is the Oscar-winning model. So, this appeal serves as an illustration of ethos.To learn more about Ethos refer to:
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which exeception to the ucc statute of frauds should marko assert in a case against josip for breach of contract?
All contracts must be in writing and signed by all parties in order to be enforceable, according to the UCC's statute of frauds.
Why are written agreements that are ratified by both parties required?
Contracts must be in written and signed by all parties in order to be legally binding and enforceable.
Contracts must be in writing and signed by both parties, according to the UCC, which is a statute of frauds, in the event that there is a dispute over the contract in the future.
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which of the following services, if any, may an accountant who is not independent provide? group of answer choices compilations but not reviews. reviews but not compilations. both compilations and reviews. no services.
Compilations but not reviews are the following services if any, may an accountant who is not independent provide.
Intangible acts or uses that a customer, business, or government is willing to pay for are referred to as services. As examples, consider the work performed by barbers, physicians, attorneys, mechanics, banks, insurance companies, and others. Services to Businesses Business services are those utilized by commercial organizations to carry out operations. Services to Businesses Business services are those utilized by commercial organizations to carry out operations. Perhaps she was too independent for herself. Alex wed an independent cook and family caregiver who loved to cook. She was capable of being someone else because she was so self-assured and independent.
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If a corporation issues shares of par value common stock for , the journal entry would include a credit to.
The journal entry would include a credit to option C. Common Stock for $4,860 if a company issued shares of par value common stock.
Par value of common stock = number of shares x par value
= 2700 x 1.80
= 4860
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
Companies issue common stock to attract capital from investors who frequently make investments. Companies use this money to further develop and expand their enterprises.
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paradoxical leadership accounts for the complex environments that leaders face by proposing leaders take on paradoxical qualities such as (though not limited to)
Paradoxical management money owed for the complicated environments that leaders face through presenting leaders tackle paradoxical features such as self targeted and different targeted.
The required details for paradoxical leadership in given paragraph
Paradoxical management is characterized through chief behaviors which might be apparently competing but interrelated to satisfy competing place of job needs concurrently and over time (Zhang et al., 2015). It calls for leaders to reframe their considering contradictions from 'either/or' to 'both/and' (Smith and Berg, 1987). The paradox is that leaders experience like they want to act like heros - exuding self assurance in those anxiety-inducing times. But having self assurance isn't always similar to unwillingness to ex-trade course. Leadership calls for the cap-potential to take recommendation from many quarters and make choices primarily based totally on quite a few inputs.
Paradoxical method is a healing method wherein a consumer is directed through the therapist to maintain undesired symptomatic behavior, or even growth it, to expose that the consumer has voluntary manipulate over it.
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25. a copyright provides the right to prevent others from using a confusingly similar symbol to identify competing products or services. group of answer choices true false
The statement "a copyright provides the right to prevent others from using a confusingly similar symbol to identify competing products or services" is true.
What is copyright?Copyright is a form of intellectual property that gives the creator of a work the exclusive right to use, reproduce, and distribute that work. Copyright protection is available for a wide variety of works, including books, music, movies, and software. Copyright law is designed to encourage creators to produce new works by giving them the exclusive right to control how those works are used. However, copyright law also includes some important exceptions that allow others to use copyrighted works in certain ways without getting permission from the copyright owner.
A copyright allows the original owner to prevent others from using the same type or similar type of symbol used by the original owner of the symbol. This allows the original owner to have a mark of authenticity.
It can be concluded that the statement "a copyright provides the right to prevent others from using a confusingly similar symbol to identify competing products or services" is true.
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a(n) occurs when an economy experiences a(n) in real gdp for at least two consecutive quarters or six months.
A significant, pervasive, and protracted decline in economic activity is referred to as a recession. According to a common rule of thumb, a recession is defined as two consecutive quarters of declining gross domestic product (GDP).
According to the NBER, a recession is a time between a business cycle peak and trough when there is a considerable drop in economic activity across the board and it can last anywhere from a few months to more than a year.
Recessions are described as "a considerable fall in economic activity spread across the market, lasting more than a few months, generally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales" in the United States. A similar definition has been adopted by the European Union.
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what is a scope sheet? group of answer choices identifies the items of work to be performed under a specific trade a cut sheet from the specifications spreadsheet showing all current projects list of just the windows and doors
A scope sheet lists every task that needs to be done for a particular trade.
The project criteria are often covered in the scope of work, along with specifics on how the project's goals will be met. This document frequently contains details on the project's deliverables, timeline, milestones, reports, and an outline of the job you'll be doing.
The scope of work (SOW) part of an agreement describes the work that will be done. The SOW should include a list of any deliverables, deliverable milestones, reports, and final goods that the performing party is expected to create. The SOW should include a timeline for each deliverable.
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florida broker devon has chosen to deposit the escrow funds he receives to a title company. after recieving funds from his clients, the hamptons, and depositing the funds with the title company, he must be sure to provide all of the following to the seller's broker except which one?
Florida broker devon has chosen to deposit the escrow funds he receives to a title company. after receiving funds from his clients, the Hamptons, and depositing the funds with the title company, he must be sure to provide all of the following to the seller's broker except the website.
A deposit is a cash you placed into your financial institution account. You must deposit cash in a financial institution to create financial savings and earn a hobby on it. A call for deposit is made for finances you could withdraw anytime. A time deposit is a long-time period investment. A deposit can also be the collateral quantity you pay whilst you are taking on a loan.
A deposit is an amount of cash saved in a financial institution account. The sorts of deposits are calls for deposits and time deposits. Demand deposit debts consist of checking debts, financial savings debts, and cash marketplace debts. Time deposit debts consist of certificates of deposit (CD) debts and personal retirement debts.
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by the end of the first year on the market, competitors are starting to enter the market. you consider the product to now be in the growth stage. you realize that your product strategies need to change as burnin' rock progresses through the product life cycle. of the following, which two strategies would be most appropriate in this stage of the product life cycle? select the best two options from the choices below and click submit.
The two strategies that would be the best for the stage of the product life cycle would have to be
Enter new market segments and add new distribution channels.Shift some advertising from building product awareness to building product loyalty and product purchase.What is the product life cycle?Product life-cycle management is the business management's progression of strategies across a product's life-cycle. As a product progresses through its many stages, the conditions under which it is marketed must be regulated as they vary over time.
A product's life cycle is the period of time from when it is initially made available to consumers until it is discontinued. Introduction, growth, maturity, and decline are the four stages that make up a product's life cycle.
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bai xue is an advertiser at a basketball manufacturer. she wants to reach an audience that searched for terms relevant to her brand and products. which amazon audience could help her reach these shoppers?
In all businesses, advertising is essentially an art. For example, certain markets make basketball, and they may spend a lot of money doing so.
Putting Your Company's Logo on Full-Size Basketballs' Sides as well as You may customize tiny basketballs with your company name, your business logo, and other details by choosing from rubber, vinyl, or even premium leather options.
Currently, there are more than 25 million Americans who regularly play basketball.Many of them are young people who participate in one of the tens of thousands of basketball leagues that are spread out over the nation.
You should think about sponsoring a young team if you want to direct your basketball advertisements at the parents of these kids and, in the process, show your support for your neighborhood and the kids.
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Think about the characteristics of firms and the products in a perfectly competitive model. Which of the markets is most likely to be considered perfectly competitive?.
The market for mushrooms. A purely competitive market is an idealistic industry that meets the following distinguishing features. Sellers cannot influence the market. This means that the purely competitive firms are price takers.
A mushroom or toadstool is the fleshy, spore-bearing fruiting frame of a fungus, commonly produced above ground, on soil, or on its food supply. A toadstool commonly denotes one poisonous to human beings. The usual for the name "mushroom" is the cultivated white button mushroom, Agaricus bisporus; for this reason the word "mushroom" is most often carried out to the ones fungi (Basidiomycota, Agaricomycetes) that have a stem (stipe), a cap (pileus), and gills (lamellae, sing. Lamella) on the bottom of the cap. "Mushroom" additionally describes a diffusion of other gilled fungi, with or without stems, consequently the term is used to describe the fleshy fruiting bodies of some Ascomycota. Those gills produce microscopic spores that help the fungus spread across the ground or its occupant surface.
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florence liked her job profile and salary. however, when she returned from a four-month maternity leave she found that her profile had been altered and she was not eligible for a promotion that year. functionalists would view this as a detrition of florence's .
Functionalists would view this as a detrition of Florence's human capital.
In the field of business, human capital can be described as the value that a particular employee is given in a business based on his attributes such as knowledge, hard work etc.
In the scenario above, Florence had a highly positive capital before her four-month maternity leave. However, as a result of such a long leave, the human capital of Florence deteriorated because she no longer was an active part of the company for four months.
Detrition of the human capital can affect the job status of a person badly, can terminate his chances of promotion, or be fired from the job altogether.
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Which of the following is an example of an industry that requires just-in-time inventory management to remain profitable? More than one answer may be selected.
Check All That Apply
a fast-fashion retailer that sells knock offs of recent trends targeted to teenage girls fast-fashion retailer that sells knock offs of recent trends targeted to teenage girls
an estate furniture consignment store an estate furniture consignment store
an appliance repair business that provides services for all major appliance manufacturersan appliance repair business that provides services for all major appliance manufacturers
a small concert venue that hosts 40–50 regional acts a yeara small concert venue that hosts 40–50 regional acts a year
A fast-fashion boutique that caters to teenage girls and sells imitations of current trends, as well as an appliance repair company that works with all major appliance manufactures.
What is a system for managing inventories?A system for tracking and managing product inventories, product sales, and other production activities is called an inventory management system.
Does stock have an impact on profit and loss?According to QuickBooks, the profit and loss statement for a period filed here on accounts line for Sales of Goods Income under Income section would be impacted by inventory changes first. On the income statement, inventory is likewise included as an asset, but it has a less significant effect on cash flow.
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dumping _________. group of answer choices is an unfair form of competition can result in an import surge supports free markets all are true. only a and b are true.
Dumping can result in an import surge.
An import is any product that's produced abroad and then introduced into any other united states of america. as an example, if a Belgian employer produces chocolate after which sells it inside the u.s., that could be an import from an American perspective.
A rustic's importing and exporting hobby can have an impact on its GDP, its exchange rate, and its level of inflation and interest rates. A rising degree of imports and a developing exchange deficit will have a negative effect on a country's exchange charge.
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Sport management and marketing agencies perform functions for industry stakeholder groups defined as?.
true. Sport management and marketing firms serve the following stakeholder groups in the industry:properties, corporate brands, talent, and media companies People who want to work in marketing agencies and sport management should get a degree in psychology.
What tasks do marketing and sports management agencies carry out?
Core tasks like strategic planning, sponsorship, solicitation, event management, contract negotiation, market activation, and research and evaluation are handled daily by full service agencies for multiple clients.
In a sports organization, what is management's most crucial role?
A good leader should be able to get athletes, businesses, and clients to work together as a team.Sports managers need to be organizers, leaders, and motivators.They should be able to motivate others to work together to achieve common objectives and achieve success as a team.
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Each of the following events result in a tax payment. Which is an example of an indirect tax?
Sam buys a necklace and earring set at a local jewelry store.
Alex inherits a home and property upon her grandparent’s death.
The Smith's hardware store earned its biggest profit this year to date.
The Joneses save each year toward the property taxes owed on their farm.
If the given events result in a tax payment. An example of an indirect tax is A. Sam buys a necklace and earring set at a local jewelry store.
What is indirect tax?Indirect tax can be defined as the type of tax that are imposed on the goods or products a person purchased from a store.
This type of tax are not imposed on a person earnings or income but a person is been taxed when ever they purchased a product from a supermarket or store.
Example of indirect tax is when you purchased groceries from a supermarket in which your payment receipt shows a sales tax . This sales tax means that you have be taxed based on the amount of goods you bought or purchased.
Therefore we can conclude that the correct option is A as it best illustrate what an indirect tax is
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Answer: A) Sam buys a necklace and earring set at a local jewelry store.
Explanation:
Got it right!
bybee printing makes custom posters and is currently considering making large-scale outdoor banners as well. which one of the following is the best example of an incremental operating cash flow related to the banner project?
Hiring additional employees to handle the increased workload should the firm accept the banner Project.
Recruitment is the general method of identifying, sourcing, screening, shortlisting, and interviewing applicants for jobs (either permanent or transient) inside an business enterprise. Recruitment also is the approaches involved in choosing individuals for unpaid roles. Managers, human aid generalists and recruitment specialists may be tasked with carrying out recruitment, but in a few instances public-area employment, commercial recruitment organizations, or expert seek consultancies are used to undertake components of the system. Net-primarily based technology which help all elements of recruitment have become full-size, together with the usage of synthetic intelligence (AI).
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uppose that third national bank has reserves of $20,000 and checkable deposits of $100,000. the reserve ratio is 20 percent. the bank sells $10,000 in securities to the federal reserve bank in its district, receiving a $10,000 increase in reserves in return. what amount of excess reserves does the bank now have?
The correct answer is $15,000.
What is a banking system?A bank is a type of financial institution authorized to grant loans and accept deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer.Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks.Since the fourteenth century, at least, banks have existed. They give customers and business owners a secure place to store their cash as well as a way to get loans for both personal and professional endeavors.Banks provide loans and charge interest on them using the money that is deposited.Since the Medici family began dabbling in banking during the Renaissance, the basic business model hasn't changed much, but the variety of products that banks offer has expanded.According to our answer-
According to the scenario, the computation of the given data are as follows:
Checkable deposits = $100,000
Required reserves = 10% of deposits
Reserves = $100,000 ×10% = $10,000
After selling securities, the reserves increase by $15,000.
So, total reserves = $10,000 + $15,000 = $25,000
Now, Excess Reserves = Actual Reserves - 10% of Deposits
= $25,000 - $10,000
= $15,000
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the largest exporters of coffee to the united states are 1. singapore and myanmar. 2. mexico, indonesia, and guatemala. 3. brazil, colombia, and vietnam. 4. panama, honduras, and chile.
The largest exporters of coffee to the United States are Mexico.
Mexico coffee Mexico is the largest coffee exporter to the United States, with their Arabica beans growing within the southern regions of the united states, close to the border of Guatemala and along the coastline.
Extra than 70 nations produce coffee, however, the majority of worldwide output comes from simply the pinnacle 5 producers: Brazil, Vietnam, Colombia, Indonesia, and Ethiopia.
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Deferment and forbearance are options for postponing your federal loan payments. Who should you contact to apply for either one?.
The best option is to contact your loan servicer to discuss your options for deferment or forbearance.
What is loan?
A loan is the lending of funds by one or more people, businesses, or other entities to other people, businesses, or other entities. The recipient, or borrower, incurs a debt and is typically responsible for both the principal amount borrowed as well as interest payments on the debt until it is repaid. The promissory note used to prove the debt will typically include information like the principal amount borrowed, this same interest rate the lender has been charging, and the due date for repayment. When a loan is made, the subject asset(s) are temporarily reallocated between the lender and borrower.
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development framework that uses a team-based approach in order to evelopment effort focused and moving quickly. 13. In the Scrum framework, the is a person who represents the project stakeholders and is responsible for communicating and aligning project priorities between stakeholders and the development team. a. project manager b. Scrum master c. product owner d. project sponsor 14. releases. is the practice of blending the tasks performed by the development and IT operations groups to enable faster and more reliable software a. Scrum O b. Extreme programming C.JAD d. DevOps Icon Kes
In the scrum framework, the Product owner is a person who represents the project stakeholders and is responsible for communicating and aligning project priorities between stakeholders and the development team.
Communication (from Latin: to communicate, meaning "to share" or "associate") is generally defined as the transfer of information. This term may also refer only to the messages that are transmitted, or to the field of study that studies such transmissions. There is much disagreement about its exact definition. John Peters attributed the difficulty of defining communication to the fact that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research.
Defining strategies includes restricting what can be included in categories of communication (e.g., persuasion requires “deliberate intent”). According to this logic, one possible definition of communication is the act of developing meaning between entities or groups using reasonably mutually intelligible signs, symbols, and semiotic conventions.
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prepare the journal entry to record double declining balance depreciation expense for the forklify for year 2
Depreciation Expense
Accumulated Depreciation
To record monthly depreciation
One of the two accelerated depreciation methods is the decreasing balance method, which has a depreciation rate that is roughly multiple the rate of the straight-line method. Instead of using the standard depreciation rate, the double-declining balance technique is a kind of declining balance method.
With this approach, the Book Value at the start of each period is multiplied by a set Depreciation Rate that is equal to a factor of 2, or 200% of the straight-line depreciation rate.
However, if the book value would drop below the salvage value, the last period can be changed so that it finishes at the salvage value. The salvage value is not taken into account in the double decreasing balance calculation when determining the depreciation of each period.
An asset for a firm will cost $1,750,000, have a life of 10, and have a salvage value of $10,000 after 10 years. To determine the depreciation expense for a given period, we multiply the book value at the commencement of the period by 200% of the straight-line depreciation, or a factor of 2.
The straight-line depreciation percent is 100% multiplied by ten years, or 10% annually.
Depreciation Rate: 2 times 10% each year equals 20%
Depreciation for a Period is equal to 20% of the Book Value at the commencement of the period. For Period 1, this equals $350,000.
Depreciation is calculated as 20% x ($1,750,000 - Accumulated Depreciation) for Periods 2 and upwards.
For Period 2, this equals $280,000.
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other companies do not see the marketing environment as uncontrollable. they take a ________ stance toward the marketing environment and develop strategies to ________ the environment.
Other companies do not see the marketing environment as uncontrollable. they take a proactive stance toward the marketing environment and develop strategies to change the environment.
Marketing is the set of activities, institutions, and processes for creating, communicating, delivering, and exchanging offers of value to customers, clients, partners, and society at large.
The 4 Ps are the 'marketing mix' which consists of his four main components: product, price, location and promotion used to market products and services. Businesses typically consider the 4 P's when creating marketing plans and strategies to effectively market to their target audience. In short, actions taken to draw attention to a company's offerings. This could be the physical goods you sell or the services you provide. Common examples of workplace marketing include TV commercials, roadside billboards, and magazine ads.Learn more about marketing here: https://brainly.com/question/25754149
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A company regularly honors its employee-of-the-month with a congratulatory post on its social media pages. Which standards should the company establish and enforce to best protect the privacy rights of these employees?
Rules of conduct for how social media followers and visitors respond to the posts standards should the company establish and enforce to best protect the privacy rights of these employees.
Establish: to introduce, induce to expand, or cause to become stable or firm. to promote the widespread knowledge and acceptance of (someone or something). to support a claim. Her stardom was cemented by the movie. She has a reputation for being a diligent worker. The word is now firmly entrenched in the English language.
Authorize, base, build, create, enact, form, found, inaugurate, install, institute, provide, put, settle, start, confirm, determine, formulate, make, prove, and ratify are all synonyms for "establish."
to begin experiencing joy, self-assurance, and success in a new position or location. She was only beginning to settle down here. Words that are related and synonyms. being or acquiring happiness or happiness. Enjoy it. to verify one's status, someone else's status, or something else's reputation as being a particular thing.
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1. (true or false) because union may picket to coerce unionization, it is "not" an unfair labor practice for the employer to punish employees who engage in the picketing.
2. (true or false) when workers must be laid off for economic reasons, the company can consider union participation as a criterion for deciding whom to fire.
3. (true or false) for the purpose of increasing union support, it is "not" an unfair labor practice for a union to demand that an employer hire excess workers.
A union commits a ULP when it violates rights that the Statute protects.
What qualifies as an unfair labor practice?An corporation commits an unfair labor practice if it interferes with your proper to join, organize, or help a union, your proper to be concerned in collective bargaining, or your right to be involved in blanketed concerted things to do with different employees
Who can commit an unfair labor practice?Because each employee is entitled to be part of a change union and participate in its lawful activities, the Labour Relations Code prohibits any conduct that might intervene with this right. Anyone who engages in such prohibited habits is stated to have committed an unfair labour practice.
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