Elicitation is the process of learning about and gradually elaborating on the needs of our stakeholders and clients. In order to delve deeper into what is unspoken,
Elicitation involves a collection of procedures that go beyond what is said, what the evidence indicates, and what everyone believes. The procedure aids the team in transforming their concepts into specifications that will bring a product or into compliance with what delights the customer and advances the organizational strategy. Regardless of whether we're trying to fix a bug, comprehend the specifications for an enhancement request, or create a brand-new product, service, or procedure, we elicit.
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a form of advertising thatfirms use when a product enters the growth phase of the product life cycle and other companies begin to enter the marketplace is called .
Competitive advertising is a form of advertising that firms use when a product enters the growth phase of the product life cycle and other companies begin to enter the marketplace
Competitive advertising is characterized as an approach that is utilized by companies to differentiate themselves from their competitors. This sort of advertising has been utilized by companies to gain impact over buyer decision by emphasizing the fact that their item or administration is better than their competitors. This is also finished to get a larger share of the market.
An example of competitive advertising is Coke and Pepsi. Both soft beverage giants have had a long-standing history of competitive advertising that dates back to the Pepsi challenge in 1975.
The overall target of competitive advertising is for an organization to differentiate itself from its competitors. Through its utilization, it looks to impact the customer's decisions and gain a greater market share.
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to solve the common-pool problem in fishing, governments can a. make property rights flexible. b. shutdown all firms in this industry. c. restrict output. d. restrict production to the socially optimal level.
The correct answer is option c.To solve the common pool problem in fishing, governments can restrict output.
One of the greatest challenges we face as the human race when managing natural resources for long-term human benefit is the “common pool” problem. This is the tendency for individual users to exploit limited resources to over capture for their own benefits that would otherwise go to their competitors.
This is the same in the case of the fishing department. Fisheries tend to over capture and deplete the number of fish in the water bodies to a great extent.
One of the few ways by which one can control common pool problems in fishing is by enacting laws that reduce the output of fish in the market. So if the output is reduced so will the fishing automatically since most of the fish cannot be stored in optimal quality for a very long period of time.
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the situation in which the central bank increases the money supply, but the money multiplier falls enough to offset increases in reserves is known as a: multiple choice liquidity trap. reserve trap. interest rate trap.
The liquidity trap is a situation in which the central bank increases the money supply, but the money multiplier falls enough to offset increases in reserves. Therefore, the option A holds true.
A liquidity can be referred to or considered as a phenomenon that represents the ability of a monetary engagement to be easily converted into real money. Liquidity is a controllable aspect by the economic authorities, which can be done with the help of an increase or decrease in the supply of money within the economy.
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microsoft faces very little competition from other firms for its windows software. why isn't the price of their software $10,000 per copy?
The business would sell so few copies that they would make more money by selling at a lesser price because of this.
The company would sell so few copies that selling at a lower price would make them more money. A business term is a word or phrase that describes a notion that is utilized in a particular field of business. Examples include things like paid time off, clients, purchase orders, and personal loans. Business is defined by Prof. L.H. Hanrey as "any human activity aimed at generating or obtaining income through the buying and selling of goods." But according to the definition given above, business is only defined as exchange activity that is not founded on a proper grasp of the issues. The creation, distribution, and selling of goods and services for a profit is one definition of business.
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which conservation organization would be involved in the illegal trade of pangolins across country borders? group of answer choices cites iucn esa mbta
Option a is correct. The conservation organization which would be involved in the illegal trade of pangolins across country borders is CITES.
The pangolin is highly prized for its numerous body parts, with China being the primary source of demand. Due to habitat loss, two Asian species of the mammal are categorized as Critically Endangered on the Red List of the International Union for Conservation of Nature. A switch in trade from Asian to African pangolin species has been proposed as a result of dwindling Asian pangolin populations. An exceptional opportunity to examine worldwide trends in pangolin trade at the species level across a wide temporal range is provided by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) Trade Database (1977–2014). We discovered that after the year 2000, CITES trade in African pangolin species grew whereas trade in Asian pangolin species decreased.
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a company's board of directors votes to declare a cash dividend of $1.65 per share of common stock. the company has 33,000 shares authorized, 28,000 issued, and 27,500 shares outstanding. the total amount of the cash dividend is:
If a company's board of directors votes to declare a cash dividend of $1.65 per share of common stock. the company has 33,000 shares authorized, 28,000 issued, and 27,500 shares outstanding. the total amount of the cash dividend is: $45,375.
How to find the total amount of cash dividend?Using this formula to find the total amount of cash dividend
Total amount of cash dividend = Cash dividend per share of common stock × Shares outstanding
Where:
Cash dividend per share of common stock = $1.65
Shares outstanding = $27,500
Let plug in the formula
Total amount of cash dividend =$1.65 × 27,500 shares outstanding
Total amount of cash dividend = $45,375
Therefore the Total amount of cash dividend is the amount of $45,375.
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if lamont receives one pass (worth $285) each month, how much of this benefit must he include in his gross income each year?
If Lamont receives one pass (worth $285) each month, the benefit must he include in his gross income each year is $ 300.
What do you mean by the gross income?The sum of an individual's earnings before taxes or other deductions is their gross income, which is sometimes referred to as their gross pay on a paycheck.
This covers earnings from all sources, not only work, and is not restricted to earnings in cash; it also covers earnings from the receipt of goods or services.
For businesses, the terms gross income, gross margin, and gross profit are equivalent.
On the income statement, a company's gross income is calculated as total revenue less cost of goods sold (COGS).
Here,
The cost of transit is pass is considered as qualified transportation fringe, Lamont can exclude $ 260 per month from his gross income as per 2018 limit and the limit was $265 for 2019.
The cost of 20 ($285 - 265) per month will be included in the gross income of Lamont total inclusion = $ 25 × 12 = $ 300.
Therefore, if Lamont receives one pass (worth $285) each month, the benefit must he include in his gross income each year is $ 300.
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Is absolute advantage necessary for trade?
Absolute advantage cannot be sought as necessary or essential or trade activities.
An absolute advantage can be referred to or considered as the upper hand that an individual has over the position that he or she enjoys within the market of an economy, where it is relevant. Usually, an absolute advantage is enjoyed by a seller in a monopolist market structure.
However, the trade in other market structures is also possible without the possession of an absolute advantage. So, it cannot be considered as necessary for trade, but it is definitely beneficial.
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when an appraisal is made subject to the completion of repairs or improvements to the subject property, fannie mae/freddie mac regulations require the appraiser to:
One can issue a Certificate of Completion when the construction is finished.
The appraiser ought to remark if the web page has adverse conditions or if there's market resistance to a property because the web site isn't always well matched with the neighborhood or the necessities of the aggressive market, and verify the effect, if any, on the price and marketability of the belongings.
Precise statistics are information about the assets being appraised (the problem property) and similar houses which have been bought or leased in the local market. Land and building descriptions are unique statistics that help an appraiser to choose comparable income and leases.
If a document consists of two or extra indicators of price which are notably distinctive from each other and they're averaged to get to the belief of price with none further rationalization or help, that may be a red flag.
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Appraisers determine if a site has adverse conditions or if there is market resistance to the property, as the site is not always well suited to the needs of the neighborhood or aggressive market. and the price impact, if any, should be considered. and the marketability of things.
Accurate statistics are information about the properties under evaluation (problem properties) and similar homes purchased or rented on the local market. Property and building descriptions are unique statistics that help surveyors select comparable yields and leases.
If a document consists of two or more price indicators that differ significantly from each other and are averaged into believing prices without further justification or support, this may be a red flag .
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Shandra is on vacation and wants to buy souvenirs for at least 8 friends. A postcard book costs $2. 50 and a magnet costs $4. 0. She can spend up to $30 altogether. Let x represent the number of postcard books and y represent the number of magnets.
A postcard book costs $2.50 and a magnet costs $4.0. If Shandra can spend up to $30 altogether, then the system of inequalities that represents the situation is 2.5 x + 4 y ≤ 30
The problem can be solved by translating the given word problem into algebraic expression.
Let:
x = the number of postcard books
y = the number of magnets
A postcard book costs $2. 50. It means if Shandra buys x postcards, total cost is:
total cost for postcard book = 2.5 x
A magnet costs $4.0. It means for y magnets, the cost is:
total cost for magnets = 4y
Total cost = total cost for postcard book + total cost for magnets
Total cost = 2.5 x + 4 y
She can spend up to $30 altogether. It means total cost should be less or equal to 30. Hence, mathematically,
2.5 x + 4 y ≤ 30
Therefore, the inequality that represent the situation is 2.5 x + 4 y ≤ 30
Your question is incomplete, but most probably your question was:
Shandra is on vacation and wants to buy souvenirs for at least eight friends. A postcard book costs $2.50 and a magnet costs $4.00. She can spend up to $30 all together. Which system of inequalities represents the situation?
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assume the economy faces high unemployment but stable inflation. which combination of government policies is most likely to reduce unemployment?
The combination of government policies that are most likely to reduce unemployment includes the following: expansionary fiscal policy, expansionary monetary policy, active labor market policies, and structural reforms.
What are government policies?Government policies are laws and regulations that are imposed by a governing authority, such as the federal government, state governments, or local governments. These policies are created to protect the public from harm and to ensure that all citizens are treated fairly. Government policies can range from environmental regulations to social security and healthcare reforms. In general, governments use policies to create a safer and healthier environment for their citizens.
The combination of the government policies includes the following:
1. Expansionary fiscal policy: Increase government spending and/or cut taxes to increase demand and boost job creation.
2. Expansionary monetary policy: Cut interest rates to encourage investment, boost growth and reduce unemployment.
3. Active labor market policies: Invest in job-training, job-search assistance, and other programs to help the unemployed find new jobs.
4. Structural reforms: Remove regulations and other barriers that impede job creation.
It can be concluded that the combination of government policies that are most likely to reduce unemployment includes the following: expansionary fiscal policy, expansionary monetary policy, active labor market policies, and structural reforms.
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What portion of income is not spent on expenses?
Savings is the portion of income is not spent on expenses. It is treated as a Net Income.
Saving is the part of pay not spent on current uses. All in all, it is the cash saved for sometime later and not spent right away. Saving can be utilized to achieve targets in the present moment like purchasing a cell phone, or in the more extended run, for example, proceeding to study, or probably purchasing a vehicle or a house.
Setting aside cash can likewise assist us with covering surprising costs, like a disease, supplant an apparatus that can't be fixed or make a crisis trip.
Furthermore, reserve funds can be contributed and, subsequently, you get a benefit on the cash you have saved. In other words, not exclusively will you have the assets accessible to spend later, however you will likewise bring in cash simultaneously.
For an individual, net income is "take home" money after taxes, health insurance and pension contributions are deducted. Net income should ideally be greater than expenses to demonstrate financial health.
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in high-income countries, many central banks run highly expansionary policies that are successful in the short run. what is the interest rate associated with these policies?
The interest rate associated with these policies is typically very low, close to zero. Central banks in high-income countries often employ near-zero or even negative interest rates in order to encourage borrowing and stimulate economic growth.
What does Intrest rate mean?
The percentage of a sum of money charged for its use, usually expressed as an annual percentage rate, is known as the interest rate. It is the interest rate charged by a bank or other lender for borrowing money, or the interest rate paid by a bank to its savings account customers for keeping money in an account.
What does Saving account means?
A savings account is a deposit account at a financial institution that offers principal protection as well as a low interest rate. The account holder can deposit and withdraw funds as needed while earning interest on the balance. Savings accounts are typically used to hold funds for short-term objectives.
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the jetpak skydiving club charges each member a $50 membership fee in addition to the $35 charged for each jump the member makes. this is an example of what kind of pricing tactic?
This is an example of two-part pricing.
What is the purpose of two part pricing?It is intended to make it possible for the company to obtain more consumer surplus than it otherwise would in a setting where there is no price discrimination. In competitive marketplaces where consumers are unsure of their ultimate demand, two-part tariffs may also exist.Since it allows producers to sell more product and capture more consumer surplus (or, more precisely, producer surplus that would otherwise be consumer surplus), a two-part tariff will typically be more profitable than monopoly pricing in most situations.
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How does investment in human capital impact a company's productivity?
The more workers a company has, the more it produces.
The more highly educated the workforce, the greater the production.
The more the workforce requires extensive training, the less production in the
long run.
The larger the workforce, the larger the management structure and the lower the
production.
Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.
Employers who provide health insurance to their employees must ensure that the employees’ health information is not disclosed to unauthorized parties.
a. Trueb. False
It is true that employers who provide health insurance to their employees must ensure that the employee’s health information is not disclosed to unauthorized parties.
Confidentiality agreement (NDA)All the health information of each employee is confidential. For this reason, employers must sign a confidentiality agreement (also called a nondisclosure agreement or NDA) with insurance companies to guarantee their due protection.
In addition, both the employer and the insurance company must train the employees who handle this information, so that they do not disclose private information of the employees to unauthorized parties, even to people within the organization.
Breaching a confidentiality agreement can lead to serious legal consequences such as lawsuits, loss of business relationships, and termination of employees.
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during a certain year, the stay with us inc. paid back $1,250,000 on a bond that matured in that year. the cash flow section that will be affected by this transaction is:
During a certain year, the stay with us inc. paid back $1,250,000 on a bond that matured in that year. The cash flow section that will be affected by this transaction is Cash Flow from Financing Activities.
What does Cash Flow mean?
The movement of money into and out of a business is described as "cash flow." It is the net amount of cash and cash-equivalents being transferred into and out of a business. It measures a company's liquidity and solvency and is an important indicator of the company's overall financial health.
What does Financial health mean?
Financial health is the overall financial well-being of an individual or organization. It is a measure of how well a person or company manages their finances, and it takes into account factors such as cash flow, savings, debt, and credit score. A person or company with a healthy financial situation can meet their financial obligations and make proactive investments for the future.
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copyrights and patents are examples of barriers to entry that create monopolies question 2 options: true false
It's true that monopolies are created by entry obstacles like copyrights and patents.
According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service. This contrasts with oligopoly and duopoly, which include a small number of vendors controlling a market, and monopsony, which refers to a single entity's dominance of a market to buy a good or service. Monopolies are thus defined by a lack of viable substitute products, a lack of economic competition to produce the good or service, and the potential for a high monopoly price that is substantially beyond the seller's marginal cost and generates a high monopoly profit. When a firm monopolises something, it means to take control of it completely.
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suppose you are moving out of the country and need to sell your car fast. true or false? you are likely to get lower offers from used-car dealers if they find out that you are moving away soon.
the statement is true: suppose you are moving out of the country and need to sell your car fast. you are likely to get lower offers from used car dealers if they find out that you are moving away soon.
The Used Car Rule of the Federal Trade Commission (FTC) must be followed by the majority of auto dealers who sell used cars. In reality, the Rule must be followed by auto dealers that sell, or advertise for sale, more than five used cars in a calendar year. Banks and other financial institutions, companies that sell cars to their workers, and lessors who sell leased cars to a lessee, a lessee's employee, or a buyer that the lessee finds are all free from the Rule.
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2. to compare plastic and paper bags in terms of acquisition of raw materials, manufacturing and processing, use and disposal using the data below: (a) which bag would you choose if you were most concerned about air pollution? (b) if we assume that two plastic bags equal one paper bag, does the choice change? (c) compare the energy required to produce each bag. which bag takes less energy to produce?
Paper bags are a popular option. No, the decision remains the same if air pollution is an issue. If we are worried about reducing air pollution, we cannot be comforted by money factors or productivity rates.
Regarding sustainability, paper bags offer several advantages over plastic bags. Because they are biodegradable, they may be utilized for activities like composting and are simpler to recycle.
According to a Washington Post investigation, paper manufacture results in 70 percent greater air pollution and 50 times greater environmental pollution than plastic bag production due to the extensive use of hazardous chemicals in the process, making it more dangerous to people and the environment than HDPE bags.
Paper bags are biodegradable and recyclable, but polythene bags are not biodegradable and are detrimental to animals, hence paper bags should be preferred instead.
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which aspect of the marketing mix is addressed when a new kind of vascular scan is advertised on billbaords
The aspect of the marketing mix is addressed when a new kind of vascular scan is advertised on billboards such that product, price, place, and promotion.
The marketing mix is known as the four P's of marketing and this refers to the four key elements of a marketing strategy:
product, price, place, promotionBillboard advertising is the process of using large-scale prints and digital advertising boards that is called billboards or hoardings to promote a brand, offering, or campaign.
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Cash inflows and outflows involving stockholders and creditors are classified on the statement of cash flows as activities.a. Trueb. False
The statement, "Cash inflows and outflows involving stockholders and creditors are classified on the statement of cash flows as financing activities" is true.
Offering a budget for business activities, making purchases, or making investments is known as financing. Financial institutions, including banks, are in the business of providing capital to businesses, customers, and traders to enable them to realize their aspirations. In a kind of financing known as cash flow financing, a corporation receives a loan that is secured by the company's anticipated cash flows.
The quantity of money that enters and leaves a firm over a certain time period is known as cash flow. Cash flow financing makes use of the cash flow produced to repay the loan. The method of raising funds or resources for any kind of expenditure is known as financing. It is a method of directing large amounts of money in the form of credit, loans, or invested capital to the financial institutions that can use them most effectively.
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requirements for successful mbo programs include all of the following except: a. the results must be under the control of the employee b. a specific time must be set when goals are to be reviewed and evaluated c. goal statements must be accompanied by descriptions of how they will be accomplished d. both trait and critical incident objectives must be set
All of the following are necessary for mbo projects to be effective, with the exception that both trait & critical incident objectives need to be specified.
Which is the best way to define characteristics?A trait is a distinctive attribute, propensity, or trait that someone, something, or both possesses. During those formative months, a lot of our personality characteristics are formed. Humans are naturally creative. Synonyms: trait, quality, attribute, feature More synonyms for characteristic
Which 5 characteristics best describe each?Extraversion (sometimes known as extroversion), openness to experience, openness, conscientiousness, and psychopathy are the "Big Five" personality qualities. A continuum can be seen in each trait. Anywhere along the spectrum for each trait, an individual may fit. Most of a person's lifespan, The Big Five stay largely steady.
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over the past several decades, country x has seen a trend of more and more of citizens graduating from high school. how could this affect the aggregate demand/aggregate supply model?
This effect the aggregate demand/aggregate supply model as the Short as well as long-run aggregate supply will both increase.
What is a supply model?A socioeconomic model known as AD-AS, or aggregating liquidity supply, explains price level and production through to the interaction between consumption and investment.
A supply model demonstrates how total demand and complete supply interacts at the global scale as well as what factors influence total supply as well as the growth of the market.
The changes anywhere along the curve of cumulative demand are mostly caused by price. The actual money supply shrinks as the price threshold rises, which forces an increase in interest rates. Higher interest rates cause investments as well as saves to decline, temporarily lowering economic status.
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What according to you are the factors that can hamper the profit growth related with the project?
According to you are the factors that can hamper the profit growth related with the project an increase in costs will decrease profits.
The profit growth is the combination of profitability and growth, more precisely the combination of economic profitability and growth of free cash flows.
Profitable growth is aimed the financial community; it emerged in the early 80s when shareholder value creation became firms main objective.
An increase in costs will decrease profits; this could include labor costs, raw material costs and cost of rent.
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why would company personnel be interested in knowing the hours during which their site has the most traffic?
The correct response is A) It will help them know when to have more customer-service staff available. Customer service is the assistance you provide to your clients to make their interactions with you simple and joyful, both before and after they purchase and utilize your goods or services.
Customer service refers to the help and guidance a business offers to consumers who purchase or utilize its goods or services. Every industry has distinct standards for customer service, but ultimately, the goal of a well-performed service is to boost profits. Employees "who can modify themselves to the personality of the customer" are critical to the perceived effectiveness of customer service encounters. Customer service practices frequently show a company's strategies and ideals. Customer retention is typically used to gauge how well customer service is performing. For some businesses, providing excellent customer service is one of their intangible assets that sets them apart from competitors. A single instance of excellent customer service can completely alter a consumer's opinion of the company.
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Why would company personnel be interested in knowing the hours during which their site has the most traffic?
A) It will help them know when to have more customer-service staff available.
B) It will help them to know when to open their online store.
C) It will help them decide how much money to put into web development services.
D) It will help them make sure their hosting is sufficient so that the site doesn't crash during peak hours.
What are the top 10 things the government spends money on?
Defense, Health Care, Interest Payments, Income Security, Benefits for Veterans, Education, Social Security, Medicare, Foreign aid, Other are top 10 things government spends money on.
Spending by the federal government is getting close to $4 trillion annually. The country will still need a lot of money to function, even though a new administration is promising a surge of change. Most of that money comes from you, the taxpayer, directly. The majority of the money used by the government for spending comes from tax collections, including $1.53 trillion from individual income taxes. Aside from borrowing, Social Security and Medicare taxes, customs fees, and excise taxes are other significant revenue generators for the government.
Those sums are so enormous they are hardly comprehensible. Whatever the size of your tax payment, it undoubtedly feels insignificant compared to the total amount of money the government Spending.
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ussr was investing larger percentage of their gdp than the us after the world war ii. as a result (a) ussr could not keep its higher growth rate for ever; (b) people in the ussr don't necessarily enjoy higher consumption even in the long run. which of the above two statement(s) is/are correct? group of answer choices both just (a) just (b) neither
Investing larger percentage of their gdp than the us after the world war After World War I, tensions between the United States and the Soviet Union were caused by a variety of circumstances. The correct option (a) just.
Extreme mistrust, the growth of communism, the Soviet Union's annihilation of capitalism, and other circumstances are a few among them. However, the fact that the economies of the US and the USSR were built on distinct systems and principles was the main cause of conflict between the two countries after the Second World War. These elements combined to produce a scenario between the two that resembled war.
The first source of the conflict was the issue of what to do with Germany. Out of concern for its own security, the Soviet Union was against the rebirth of a powerful German state. In response to the US and its allies' decision to establish the Federal Republic of Germany, Joseph Stalin established the German Democratic Republic, a communist state. The economic recovery in Europe was significant source of tensions; Washington believed that economic hardship and poverty might facilitate the spread of communism.
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who established a system to give all twelve tones of the chromatic scale equal importance?
Arnold Schoenberg developed a system that gave equal importance to all twelve notes of the chromatic scale.
What is 12 Tone Theory?Commonly known as 12-note or serialism, it uses all 12 notes in the chromatic scale. Schoenberg arranged the notes in pitch columns, and in the chromatic scale he had to play each of the 12 notes before he could reuse the notes.
What do you mean by 12 notes of the chromatic scale?A, A#/Bb, B, C, C#/Db, D, D#/Eb, E, F, F#/Gb, G, G#/Ab. The chromatic scale can start from any of the 12 tones, so the scale has 12 different iterations or inversions.
How old is the 12-tone chromatic scale?Most sources state that it was invented by the Austrian composer Arnold Schoenberg in 1921 and first described privately for his collaborators in 1923, but in fact Joseph his Matthias his Hauer published his "Law of Twelve Tones" in 1919. Each note is repeated.
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not having to establish manufacturing operations overseas and being able to work to achieve experience curve and location economies are advantages of blank . multiple choice question. turnkey projects exporting importing greenfield investments
Not having to establish manufacturing operations overseas and being able to work to achieve experience curve and location economies are advantages of exporting.
Exports are the goods and services that a country produces domestically or inside the borders of its own us and sell to buyers overseas. the opposite of exports and imports, which are items and offerings that buyers in a country purchase from dealers out of the country.
The 2 important varieties of exporting are direct and oblique exporting. Direct exporting is a sort of exporting in which the organization immediately sells products to foreign places' clients. oblique exporting is a kind of exporting practiced via groups that promote products to different international locations with the help of an intermediary.
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