Human Resources Management welcomes participation by all organizational members and views each person as valuable to the organization instead of focusing primarily on productivity
What is Management?This refers to controlling and organizing people and things for better and more effective productivity or output.
Hence, we can see that there are different types of management, and based on this, they have varied characteristics, but the kind of management that focuses on individuals, rather than productivity is human resources.
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Which of the following is not one of the four main types of inventory?
a. raw material inventory
b. work-in-process inventory
c. maintenance/repair/operating supply inventory
d. safety stock inventory
e. All of these are main types of inventory.
Answer:
All of these are main types of inventor.
Of all the given types of inventory, the one which is not on the list of four main inventory is the safety stock inventory. Hence, Option D is correct.
What is an inventory?
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.
There are four basic categories of inventory: finished items, MRO, WIP, and raw materials/components. All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Thus, Option D is correct.
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Macie has $25 in her checking account when her electronic funds transfer system (EFTS) card and personal identification number (PIN) are stolen. If Macie notifies her bank tomorrow, the day after the theft of her card, her loss is limited to: Group of answer choices
Macie's loss is restricted to the amount in his checking account if she doesn't notify her bank the day after her card is stolen. Limited amount checking account notifies next day card stolen.
What should a person do when his cards are stolen?Consumers must inform the loss of an ATM card, PIN number, or online banking password within two days of receiving their bank statement that reflects the crime.
Therefore, consumers that misuse their credit cards are only liable for $50 in losses.
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In the case where a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, what could the frec do to the broker?
a. the frec must revoke the broker's license for being found guilty.
b. the frec must suspend the broker's license until the fund has been repaid.
c. the frec may issue a citation.
d. the frec must put the broker under probation.
When a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the frec must revoke the broker's license for being found guilty.
Who's a broker?It should be noted that a broker simply means a person that buys and sells shares for other people.
In this case, when a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the frec must revoke the broker's license for being found guilty.
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Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. The equilibrium wage prior to the minimum wage hike was $10/hour. Which is likely to result from increasing the minimum wage
As a result of the minimum wage hike to $20/hour, Some employers and workers will agree on a wage less than $20 and not report the wages to the government.
What happens when the minimum wage is higher than the equilibrium wage?Employers would employ less people because they would be unable to pay the minimum wage demanded by the government.
In order to keep their jobs, some employees will make a deal with employers to pay them less than the minimum wage.
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HELP ASAP
1. Define ethics and norms. Provide an example to illustrate how ethics and norms are related.
2. Explain the relationship between personal ethics and business ethics. How are they the same? How are they different? What role should ethics play in business decision-making?
3. Describe the role of ethics in customer relationship management.
4. What is the reason for creating a code of conduct? How is it related to a code of ethics? Provide an example of a behavior that might be addressed in a company’s code of conduct, and explain how the code aligns with specific company values.
5. How does globalization pose ethical challenges to business operations? Provide an example of the benefits of globalization and then a corresponding example explaining the problems with it. Be sure to describe who is benefitting in each of your examples.
Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value?.
The FIFO (First in First out) technique of inventory costing will result in a COGS amount equal to market value.
What is the First in first out method?
First in, first-out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory.
FIFO is the method used to calculate the cost of goods sold using cost flow assumptions. The FIFO approach is predicated on the idea that the oldest items in an organization's inventory have already been sold.
Thus, the FIFO method will be able to produce a number of COGS equal to the market value.
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What measures the change in prices of a basket of goods and services in a given year?
O A. recession
O B.
depression
O C.
deflation
O D.
inflation
The measures that change in prices of a basket of goods and services in a given year include option D: inflation.
What do you mean by term Inflation?The term inflation is defined as the rise in the prices of goods and services in an economy.
The average change over time in the prices paid by urban consumers for a market basket goods and services of consumer is measured by the consumer price index.
Therefore, correct option is D.
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Which of the international operations strategies involves a focus on cost reductions and high local responsiveness
The type of strategy where the international operations focus on higher reductions in cost and higher local alertness is called transnational strategy.
What is meant by the strategy?A strategy is a policy devised to achieve long-term objectives.
Transnational strategy is one of the strategies to keep in check the monetary transactions entered between various entities of different nations. A business is said to be transnational when it has its entire operations in one country but also has varied operations in other counties.
Therefore, the transnational strategy involves a greater reduction in costs and greater alertness at local levels.
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Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answer:
capital
Explanation:
bulldozer is bought with capital.
Question 5 of 20
Which is an advantage of paying off a liability?
OA. The liability remains a liability.
B. The liability starts to lose valu
OC. The liability starts to gain value.
OD. The liability can become an asset.
Answer:
OD is the answer because a liability can become an asset once paid
An advantage of reimbursing the liability is that it becomes an asset when it is being paid.
Option D is correct.
What is an asset?An asset is the monetary resource of a company which is acquired so that the company would get the maximum benefits in the near future. It is the secondary part of balance sheet which is further classified into two parts namely, current and non-current assets.
Liability is referring to the obligation of a company regarding which the repayment would be done after a certain period of time. In order to repay the liabilities like short-term and long-term borrowings, the assets which can be easily converted into cash are being considered. For instance, the amount due from debtors is a current liability and when it is paid, then it is considered to be a current asset.
Therefore, the advantage written in option D is correct.
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Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.
On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client. How much interest revenue is recognizable in total at the end of September 30, 2020
Who are the market participants in the foreign exchange market? Explain how each participant contributes to market activities.
The market participants in the foreign exchange market are commercial banks, Foreign exchange brokers, Central bank, MNCs and Individuals and Small businesses.
What is Market?Market is the place where exchange of goods and services takes place in return of the money. Money is the value provided by the buyer to the seller of the product.
The commercial banks provides the deposits of the public as the saving to the people who are need of the money in this way they supply the money in the market.
The Central bank regulates the flow of the money by implementing the monetary policy and keeps in check the inflation rates in the market. All the MNC's and small businesses launches the product in the market and fulfills the need of the customer.
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Answer:Central banks and treasuries: Central banks use their respective nation’s foreign exchange reserves to influence the rate at which their own currency trades in the forex market. Because they absorb losses readily (to protect the value of their currency), they are a unique participant in the forex market.
Foreign exchange brokers: Foreign exchange or forex brokers assist forex dealers with transactions by providing the necessary currencies in case of a shortage of foreign exchange funds. They act as agents to facilitate effective trade transactions, and they charge a fee for their services.
Speculators and arbitragers: Speculators and arbitragers trade in the market for profit. They usually do not serve any clients and trade only for themselves. Arbitragers attempt to generate profit by trading on the differences of several currencies.
Retail customers: Retail customers (such as importers, exporters, multinational firms, and other investors) trade in the forex market through commercial banks. Their trade transactions are usually for investment or commercial purposes.
Foreign exchange dealers: Foreign exchange dealers are the main traders in the forex market. They generate profit by purchasing a currency at a particular bid price, and then reselling it at a higher asking price. They maintain an inventory position in particular currencies and specialize in those currencies.
Explanation:
Edmentum
A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account has special memorandum account of $5,000. the long market value at maintenance is
A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence, the long market value at maintenance in this case is $120,000.
What do you mean by long market value?Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;
The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.
To calculate the long market value at maintenance, divide the debit balance by .75 ($90,000 / .75 = $120,000)
Hence, the long market value at maintenance is $120,000.
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Question 3 of 10
If you achieve excellence in music, film, dance, literature, or visual arts, you
might qualify for this type of scholarship.
A. Underrepresented student scholarship
OB. Athletic scholarship
OC. Academic scholarship
D. Creative scholarship
Answer: Creative scholarship
Explanation: Because
If you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship. The correct option is (D).
What do you mean by the Creative scholarship?When you reimagine an existing piece of art or construct a new one from scratch, you are engaging in creative scholarship.
For fine arts students with talents in the visual arts, there are numerous innovative scholarship opportunities. Photography and design-based disciplines like painting, graphic design, and animation are considered visual arts majors.
You can participate in your field as both a student and a scholar through research and creative scholarship. Development of new knowledge and its discovery with the intention of disseminating it through publications, performances, and presentations.
Therefore, if you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship.
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Is a stackelberg solution a Nash (stable) equilibrium? Explain. 2. Does the solution change if stackelberg game is considered in the long run? Explain. 3. Would a stackelberg leader collude with the stackelberg follower? Explain. 4. Would a Stackelberg leader be more likely or less likely to merge with the follower firm. Explain.
The Stackelberg solution can be used to find the perfect or stable Nash equilibrium or equilibria.
What is this equilibrium about?Other answers:
Based on the above, Note that the strategy profile is one where one serves best each player, and based on the strategies of the other player and it covers the fact that all player playing in a Nash equilibrium must be in every subgame.
Note also that The Stackelberg leadership model is said to be a kind off strategic game that is played in economics where the leader firm is known to moves first and then the follower firms is said to then move in a sequential manner and I think, the solution do not change if stackelberg game is considered in the long run.
I believe that the stackelberg leader will not collude with the stackelberg follower but in a lot of cases, there may be a collusion.
Yes, a Stackelberg leader can be more likely or less likely to merge with the follower firm as a merger can be profitable to them.
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Lola is in the process of selecting a campaign type to suit her business objectives. Why is it important that she consider business objectives before choosing her campaign type?
Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.
What are Business Objectives?Business objectives provide you the ability to monitor yourself and what kind of progress you are making. They offer a vital test that maintains you from turning blinded by your bias.
Objectives additionally assist to evaluate the personnel, in addition, to allowing personnel compare themselves.
Therefore, Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.
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Have a clearance of how many inches in the left side of a vehicle
A group of customers that a business decides to focus its marketing efforts and, ultimately, its products on is a _____. target market niche industrial market consumer market
Answer:
Target market!!
Explanation:
Hope this helps:)
During market testing, Rembrandt Cosmetics realized that the cosmetics industry was dominated by multiple, well-established brands. These brands mostly sold their products in exclusive outlets and departmental stores. Rembrandt Cosmetics management realized that a new entrant would require a different business model to be successful. Thus, Rembrandt Cosmetics started selling its products through direct marketing. In this scenario, Rembrandt Cosmetics accomplished substitution primarily through
In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.
What is strategic planning?When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.
Hence, strategic planning holds true regarding the given situation.
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Bill was 150 pounds overweight but his insurance premiums significantly dropped after he lost weight by going to a local health club and sending his insurance company recored of his monthly visits with a personal trainer what kind of measures did bill take that led for his insurance premiums to drop
The kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.
What is a preventative measure?In insurance, a preventative measure can be defined as a kind of measure that typically involves reducing the degree of risk associated with an insurance object, and mitigating (decreasing) the negative impact of potential insurance-related accidents on the insured.
In this context, we can infer and logically deduce that the kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.
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Using online and mobile banking apps to schedule automatic transfers of money into your savings account can help you _____. everfi
Using online and mobile banking apps to schedule money transfers to your savings account can help you meet savings goals.
How to manage personal budget?It is essential to organize your accounts and expenses in a structured way, allocating resources to be used according to your needs and desires. For this you can use technological resources, creating spreadsheets in applications increasing control over your budget.
Therefore, the control over the personal budget helps in the individual financial balance, organizing the accounts according to their needs.
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Use the data in the tables to answer the question that follows. Market Price of Output Quantity Supplied of Output Quantity Demanded of Output $5 25,000 60,000 $10 50,000 50,000 $15 75,000 40,000 $20 100,000 30,000 $25 125,000 20,000 Firm Quantity of Labor Total Product 0 0 15 100 30 190 45 265 60 325 What is the marginal revenue product of the 30th unit of labor, assuming this market is perfectly competitive in both the factor and output markets
Based on the market price, the quantity of labor, and the change in output, the marginal revenue product of the 30th unit of labor is $56.70.
How can we find the marginal revenue product?First find the marginal product of labor as:
= (Change in units produced) / Change in labor quantity
= (190 - 105) / (30 - 15)
= 5.67 units
The market price is the price at which quantity demanded is equal to quantity supplied which is $10.
The marginal revenue product is:
= Marginal product of labor x Price
= 5.67 x 10
= $56.70
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The process of assigning a good, a service, or a resource to one use instead of another describes:.
Allocation is the process which involves the assigning of goods, services or any such resources for one use, instead of deploying them at other alternatives available.
What is allocation?The way in which the available resources in the hands of a business organization are deployed for particular uses is known as allocation of such resources by a firm.
Hence, the significance of allocation is given above.
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E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.
E-commerce ubiquity is the ability of an organization to create a strong presence among consumers.
What is E-commerce?E-commerce can be regarded as the process involving crating a good presence so as to sell products to the consumer.
Therefore, it involves ability to sell in different locations.
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An airport wants to make its luggage-handling process faster and simpler for travelers. A data analyst examines and evaluates how the process works currently in order to achieve the goal of a more efficient process. What methodology do they use
To make the baggage handling process faster and simpler for travelers, a data analyst uses a gap analysis.
What is a gap analysis?Corresponds to a performance evaluation technique, where a professional is responsible for evaluating the way processes are being carried out in an organization, to determine their efficiency, developing an analysis of needs to increase quality.
Therefore, a gap analysis aims at the continuous improvement of processes through environmental assessment, in order to achieve total quality.
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When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should:
When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should issue an opinion that is unmodified.
What is GAAP?The full form of the GAAP is Generally Accepted Accounting Principles in which the rules and regulations related to the financial accounting are written.
In the above case in which the Non public company is affected by the departure of the material then the auditors must issue the an opinion that is unmodified.
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Managers practice the art of getting things done using organizational resources such as: Multiple select question. information workers customers equipment
The managers get things done by using organizational resources such as: such as:
equipmentworkersinformationWhat is an art of getting things done?These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.
Therefore, the Option A, B, D is correct.
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U
Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.
can detect the accuracy
of the accounting process
can help prepare the
income statement
can help check whether a
particular transaction has
been completely omitted
helps serve as a proof of
the application of the
double-entry system
Possible
can help check whether the
debit side is equal to the
credit side
Not Possible
The descriptions to cases that will possibility be addressed by a Trial Balance are:
can detect the accuracy of the accounting process(possible)can help check whether the debit side is equal to the credit side(possible)can help prepare the income statement(possible)helps serve as a proof of the application of the double-entry system(not possible)can help check whether a particular transaction has been completely omitted(not possible)What is trial balance?A trial balance can be regarded as bookkeeping worksheet which contains the ledger that is arranged into debit and credit account column .
Therefore, with trial balance, one can check whether the debit side is equal to the credit side.
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Positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ economic events. Multiple choice question. avoids; scientific; actual avoids; normative; actual encourages; scientific; potential encourages; scientific; actual encourages; normative; potential
Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.
What is positive economics?Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, when the price of a good increases, it is expected that if the good is a normal good, the quantity demanded would decline. This is an example of positive economics.
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