Prestige goods are those that are thought to be of the highest caliber due to the additional worth they provide to their consumers. The cost of prestige goods is typically high.
Chantel, who resides in Denver, Colorado, made the decision to start their personal luxury business. She borrowed the bank's money and also used her retirement money to do so. Chantel was successful in opening a store with an adequate supply of goods. She refers to the jewels as being among the "highest form inside this Western." A $550 rose gold bracelet is the best-selling item that Chantel offers for sale. Chantel has fixed expenses of $6,000 per monthly. Her indirect expenses typically run around $400.
Popularity, however, decreased, which surprised her. Considering this evidence, it is most plausible that the gold glitter bangles are a product.
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digby corp. ended the year carrying $16,595,000 worth of inventory. had they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to digby corp.?
Selling the inventory at the current prices would have brought $16,595,000 in contribution margin to Digby Corp in the year.
The amount an asset is worth is the market value of that asset. The amount an asset cost to acquire or manufacture is the book value of the asset. The balance sheet can report either the book values or the market values of assets, liabilities, and equity.
The inventory is worth $16,595,000. This figure represents the market value of inventory. Therefore, if they had sold their entire inventory at their current prices, the sale would have added $16,595,000 to their contribution margin.
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T/F: Training and incentives are the keys to the successful acceptance and implementation of policies and procedures governing waste and error prevention.
The statement that training and incentives are the keys to the successful acceptance and implementation of policies and procedures governing waste and error prevention is false.
How training and communication help in preventing waste and errorIn the prevention of of waste and error, the governing procedures are training and communication. these are the keys to the successful implementation of the policies.
Making individuals aware of the potential repercussions that could result from poor resource management at the end of their life cycle is the most crucial step in ensuring success.
Employee training that results in improved performance can cut maintenance costs by lowering equipment malfunctions, staff turnover, and customer complaints. Less monitoring is often required and worker output increases when employees perform better. For improved teamwork and cooperation, communication is also essential.
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in which form of business organization is the taxation effects characterized by the income flowing to shareholders taxed at personal tax rates?
The form of business organization that has taxation effects characterized by the income flowing to shareholders taxed at personal tax rates is a C-corporation.
What is a C-corporation?C-corporation is a legal entity that is separate from its owners and is taxed as a separate entity. It allows the business to raise capital by selling stocks and limiting the individual liability of its owners. C-corporations are typically used by larger companies as they are subject to double taxation.
The taxation effects characterized by the income flowing to shareholders taxed at personal tax rates is a characteristic of a corporation, also known as a C-corporation. C-corporations are distinct from S-corporations in that the income of a C-corporation is taxed at the corporate level and then again at the shareholder level when the income is distributed to the shareholders. This is known as "double taxation" because the income is taxed twice. By contrast, the income of an S-corporation is not taxed at the corporate level, but is instead taxed at the shareholder level.
It can be concluded that the form of business organization that has taxation effects characterized by the income flowing to shareholders taxed at personal tax rates is a C-corporation.
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describe a collaborative partnership between a business and community that attempts to address a social problem. what strengths does each party bring to the collaboration?
Education is one area where cooperative collaborations between businesses, governments, and communities have shown to be particularly successful.
a. Companies rely on educational institutions to give them personnel who are trained and prepared for the high-tech workplace of today.
b. There were four waves of corporate involvement in education reform from the 1980s to the present, according to a series of studies by The Conference Board:
c. Active participation in particular schools
d. The use of management principles in school administration
e. Education-related public policy initiatives
f. Collaboration for systemic change.
Therefore, a collaborative partnership between a business and a community that attempts to address a social problem is shown above.
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a secretary asks for a raise, and her boss says that he'll think about a raise after they spend an evening together. this example best illustrates
A secretary asks for a raise, and her boss says that he'll think about a raise after they spend an evening together. this example best illustrates quid pro quo harassment.
What is Quid Pro Quo Harassment?
Paid for by When a manager or other authority person suggests or actually offers to give an employee something (such a raise or a promotion) in exchange for meeting a sexual demand, this is known as harassment in the workplace. This also happens when a boss or other authority person promises that, in exchange for some sort of sexual favour, they won't terminate or punish an employee. If the hiring choice was made based on the acceptance or rejection of sexual approaches, a job candidate may also be the target of this type of harassment. Obtaining compensatory damages for lost pay, lost benefits, or even lost employment is possible for the plaintiff.
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management by exception directs management’s attention to important differences between actual and budgeted amounts.
A. True
B. False
True, The management team is alerted to significant discrepancies between actual and budgeted amounts through management by exception.
An illustration of management by exception is looking into major deviations from a budget before determining who is responsible. Decision-making is frequently decentralized in small businesses. The management team is alerted to significant discrepancies between actual and budgeted amounts through management by exception. Management by exception is the practice of only addressing problems when outcomes show significant departures from the original plan.
The practice of management by exception involves focusing on areas that don't function as planned and paying less attention to areas that do. Managers can find regions that are not performing as expected by using variance analysis. The connection between exception management and variation analysis.
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what are the three basic tasks of promotion? group of answer choices informing, persuading, and convincing persuading, convincing, and reminding informing, convincing, and reminding informing, persuading, and reminding
Informing, reminding, and persuading are the three basic tasks of promotion. Therefore, the option D holds true.
Promotion can be referred to or considered as an activity performed specifically with an intention of marketing of the products, i.e., the goods and services offered for sale by the organization. The purpose of the promotion is to inform the public about existence of their product, and then reminding about the same through advertisement, and lastly, persuading them to purchase the goods and services being offered for sale.
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Which of the following illustrates the most economically sound choice for Brad ?
The most economically sound choice for Brad would be buying both a car and a home.
There are many factors to consider when making an economically sound choice. The most important factor is the cost of the item or service. Other factors to consider include the quality of the item or service, the availability of the item or service, and the convenience of the item or service.
When considering the cost of an item or service, it is important to compare the cost to the value of the item or service. The value of an item or service is the amount of money that you would be willing to pay for the item or service. The cost of an item or service should be less than the value of the item or service.
The question is incomplete, the complete question is:
Brad has a steady job, solid income, and plans to live in a nearby city for the long term. He is looking to purchase both a car and a place to live, and he is very interested in building up equity and credit to add to his assets. Which of the following illustrates the most economically sound choice for Brad?
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tax incidence is part 2 a. the . b. the efficiency loss to the economy that results from a tax causing a reduction in the quantity of a good produced. c. the division of the tax burden between .
Tax incidence is E. the division of the tax burden between buyers and sellers in a market.
Tax incidence (or incidence of tax) is a phrase used in economics to describe how the tax burden is distributed across various stakeholders, such as buyers and sellers, producers and consumers.
The relationship between supply and demand price elasticity and tax incidence is also possible. The tax burden is placed on the purchasers when supply is more elastic than demand.
The cost of the tax will be borne by the producers if demand is more elastic than supply. The allocation of the tax liabilities that the buyer and seller are responsible for paying is shown by the tax incidence.
The degree to which each party contributes to meeting the obligation varies depending on the product or service in question's associated price elasticity as well as how the product or service is currently impacted by supply and demand.
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Correct question:
Tax incidence is
A. the efficiency loss to the economy that results from a tax causing a reduction in the quantity of a good produced.
B. the amount by which people with lower incomes pay a lower percentage of their income in tax than do people with higher incomes.
C. the total tax paid divided by total income.
D. the division of the tax burden between federal and state and local governments.
E. the division of the tax burden between buyers and sellers in a market.
in order to provide its workforce with an alternative to forming a union, the u.s. government passed laws about work conditions, namely,
In order to provide its workforce with an alternative to forming a union, the U.S. government passed laws about work conditions, namely, overtime and all of the above.
The total number of people who are really looking for work, including both employed and unemployed individuals, is known as the labor force. Just as the COVID-19 epidemic in the US was beginning, in February 2020, the U.S. workforce peaked at 164.6 million people.
The labor force has become smaller as a result of the population ageing during the previous two years, which has increased the population percentages of elderly people, who have lower participation rates than younger people.
The given question is incomplete, the complete question is:
In order to provide its workforce with an alternative to forming a union, the U.S. government passed laws about work conditions, namely,
A. minimum wage and employment insurance.
B. regulation of workers' pensions.
C. paid parental leave for workers.
D. overtime and all of the above.
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An important reason why the Federal Reserve would not want to keep interest rates at 0% forever is that:
a) it restricts the money supply, making it harder for banks to lend money.
b) it limits the ability of the Fed to use expansionary monetary policy when the next recession occurs.
c) it makes borrowing for homes and major purchases more expensive.
d) it raises the possibility of higher unemployment because lower interest rates slow economic growth.
An important reason why the Federal Reserve would not want to keep interest rates at 0% forever is that: it raises the possibility of higher unemployment because lower interest rates slow economic growth. The correct answer is D.
When interest rates lower, unemployment increases as companies lay off expensive workers and hire contractors and temporary or part-time workers at lower prices. When wages decrease, people can't pay for things and prices on goods and services are forced down, leading to more unemployment and lower wages.
One of the biggest pros to higher interest rates are the higher savings returns which can be earned in a savings account. And when interest rates are increasing, business and consumers cut back on spending as rises in prices on goods resulting in lower consumption.
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what is the main reason some companies have set up offshore assembly plants? group of answer choices inexpensive energy nearness to raw materials in search of low wages available marketing opportunities
The main motivating element for companies to move their manufacturing offshore is to shop money. No wonder here. through outsourcing assemblies and other steeply-priced production approaches,
Offshoring permits you to lessen one of the most high-priced parts of your enterprise, the labour expenses. liberating this up will let you reinvest finances into your commercial enterprise and provide you with the opportunity to expand your services and service. essentially operating on your business as opposed to to your commercial enterprise.
Fundamentally, the offshore version helps growth a commercial enterprise's output, and improve its technical understanding, with out undue stress, hassle, or value. At its maximum primary, offshoring is really expanding your commercial enterprise with a brand new crew, with new (or complementary) abilities.
Offshore outsourcing means delegating sure duties to a 3rd birthday party in an foreign places region. There are numerous capacity benefits: value financial savings. by way of combining offshoring and outsourcing, a corporation ought to doubtlessly store extra cash if capable of take gain of lower overseas expenses and much less overhead.
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At what point in a project should you conduct an elicitation analysis?
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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ashanti, the vice president of marketing, is talking to prisha, a sales manager in a foreign office, about several local situations that prisha's reps are facing in their territory. ashanti tells prisha that she believes there are differences and similarities between home and foreign personnel and practices, and that prisha should use whatever techniques are most effective. ashanti is a(n) manager.
ashanti is an Geocentric Manager. The accomplishment of the MNC's overall goal may be achieved by utilizing the skills of each management.
What is Geocentric management?It is a strategy used by multinational corporations where managers are hired for positions at head office and in subsidiary companies regardless of their country.
The Geocentric Approach is justified by the idea that there is a global pool of skilled workers, and that the best applicant regardless of nationality who is effective in his profession should be hired for the position. Because they follow an integrated global business plan, firms that are really global apply this strategy. Senior executives with international expertise and cross-border relationships are a resource that MNCs may cultivate.
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the following information pertains to meg corp.: dividends on its 1,000 shares of 6%, $10 par value cumulative preferred stock have not been declared or paid for 3 years. treasury stock that cost $15,000 was reissued for $8,000. what amount of retained earnings should be appropriated as a result of these items?
The retained earnings that should be appropriated as a result of these items is $0
A discretionary reclassification of retained profits is called an appropriation. Its goal is to limit the amount of retained earnings that may be distributed as dividends. Cumulative preferred dividends that have not been declared are not recorded in the accounts. To the extent that extra paid-in capital from treasury stock transactions has a credit balance or retained earnings, the loss on the sale of treasury shares is charged. Therefore, there are no appropriated retained profits due to these transactions. The cost of the Treasury stock may have needed to be appropriated, in accordance with state law.
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by offering both credit and financing through its gmac division, general motors is trying to help consumers a. expand both disposable income and wealth. b. expand disposable income at the expense of discretionary income. c. expand future buying power at the expense of current buying power. d. decrease both disposable and discretionary income. e. expand current buying power at the expense of future buying power.
General Motors is attempting to help consumers increase their current purchasing power by providing loans and financing through its gmac division, at the expense of future purchasing power.
The worth of a currency is determined by how many goods or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
A currency's purchasing power and range of available goods are diminished by inflation. Prices rise as a result of a loss of purchasing power. You might evaluate the cost of a good or service against a price index, such as the Consumer Price Index, to determine buying power in the conventional economic sense (CPI).
For ex- Consider earning the same income as your grandfather did 40 years ago as a method to understand purchasing power. To maintain the same standard of living now, you would need a significantly higher salary.
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as part of their it planning, many organizations decide to standardize. what does standardization mean in this context, and what are its potential benefits?
A "limited" selection of hardware and software from a select few manufacturers will be used by the organization as a result of standardization. Cost reduction, effective (and less expensive) user support, and efficient (and less expensive) training are all potential advantages.
The process of establishing and creating technical standards based on the agreement of several parties, including businesses, users, interest groups, standards bodies, and governments, is known as standardization or standardisation. Standardization can increase reliability, safety, repeatability, or quality to the fullest. It may also make it easier for formerly irregular processes to become regular. The concept of standardization is close to the answer for a coordination problem in social sciences, including economics, where all parties can reap mutual gains but only by making mutually consistent decisions. To establish a level of consistency or uniformity to specific activities or operations within the chosen environment is the purpose of standardization. The generally accepted accounting principles (GAAP), which must be followed by all businesses listed on U.S. stock markets, are an illustration of standardization.
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UPS measures routes for each of its drivers, including the number of miles driven, deliveries, and pickups. Which step in the control process does this represent?
A.Step 5
B.Step 3
C.Step 4
D.Step 1
E.Step 2
UPS measures routes for each of its drivers, including the number of miles driven, deliveries, and pickups. This represent d) Step 1 step in the control process.
What is Control process?In continuous production processes, an industrial process control is a discipline that makes use of industrial control systems to produce at a level of consistency, economy, and safety that is impossible to attain just by manual control by humans. It is widely used in sectors like manufacturing, mining, dredging, oil refining, pulp and paper production, chemical processing, and power plants.
There is a wide variety in terms of size, type, and complexity, but it allows a small group of operators to consistently manage complicated procedures. Designing huge, complicated processes that could be operated economically and safely was made possible thanks to the invention of large industrial process control systems.
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Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _________.a. strategyb. goalc. systemd. independence
Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a contingency.
According to the contingency theory of management, situational circumstances can have an impact on the relationships between dependent and independent variables at work, which will have an effect on employee behavior, effectiveness, and behavior at work in general. Also known as the situational approach to management, this idea.
It is crucial to take into account the particular contingency factors that apply to each business in order to assess organizational data effectively and increase employee engagement. A need for one component's operations that affects those of another subunit is known as a contingency.
The above question is incorrect, the correct question is:
Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _________.
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Markets that operate under highly restrictive assumptions, such as a zero tax rate, zero transactions costs, and full information of all market participants, are known as what?
Markets that operate under highly restrictive assumptions, such as a zero tax rate, zero transactions costs, and full information of all market participants, are known as perfect market.
The term "perfect market" describes a fictitious market where buyers and sellers are sufficiently numerous and competent to prevent monopolies and ensure that market prices are unaffected by manipulation.
Perfect competition describes an idealized market structure. Despite the fact that perfect competition seldom occurs in real markets, it provides an important model for demonstrating how supply and demand affect price and behavior in a market economy.
Perfect competition is said to occur when all firms sell the same items, market share has no impact on pricing, businesses can enter or exit the market without any barriers, consumers have perfect or complete knowledge, and businesses are unable to set prices.
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my company states integrity as a core commitment on its website. i see fraud occurring often in my division of the company. which archetype describes this company?
The archetype describes this company: A. gap between espoused values and behaviors.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.
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which of the following lists two things that both increase the money supply? group of answer choices make open market purchases and raise the reserve requirement ratio make open market purchases and lower the reserve requirement ratio make open market sales and raise the reserve requirement ratio make open market sales and lower the reserve requirement ratio
Lowering the discount rate and the reserve requirement ratio are two factors that both enhance the amount of money in circulation or money supply. Thus (B) is correct.
The money supply is the total amount of currency or cash used in a given economy. Non-cash assets like credit and loans are taken into account in a number of assessments of the money supply.
All other things being equal, monetarists assert that increasing the money supply causes inflation.
Depository institutions have more incentive to borrow when the discount rate is lower, which boosts their reserves and lending activities. By raising the discount rate, the Federal Reserve can reduce the amount of money in circulation.
The number of reservable liabilities that commercial banks must keep rather than lend out or invest is known as the reserve requirement ratio. The central bank of the nation, in this case, the Federal Reserve in the United States, sets this criterion. It is often known as the cash reserve ratio.
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you are managing a project and are looking at project performance. at this time, the earned value is $145, planned value is $162 and the actual cost is $138. the project has an approved budget of $200. what is the budget needed to complete the remaining tasks of this project?
$138 is the actual cost (AC). $162 is the projected value (PV). The project's BAC is $200. Assume that both the present cost and the like further will have an impact.
What is the cost of accounting today?A technique of accounting for the use of assets where the cost of using them in production is determined using their current price rather than their historical cost that is the starting price that the assets were bought.
What is the prevailing cost theory?The Cost Principle is defined. Items must be documented as the real cost paid in accordance with the cost principle. Similar recording is made based on the amount paid when a customer purchases goods. In a nutshell, the cost principle states that each transaction's cost is equal.
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suppose the real rate is 4.1 percent and the inflation rate is 5.7 percent. what rate would you expect to see on a treasury bill? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The Nominal rate on the treasury bill will be 10%
Nominal interest rate refers to the interest rate before taking inflation into account.
The rate on a treasury bill is usually the nominal rate.
=1 + Nominal rate = (1 + real rate ) x (1 + inflation rate)
=(1.041) x (1.057) = 1.10
=1.10 - 1 = 0.10 = 10%
Nominal rate = 10%
The Nominal rate on the treasury bill will be 10%.
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When we combine stocks in a portfolio, the amount of risk that is eliminated depends on the degree to which the stocks face common risks and move together.
a. True
b. False
When we combine stocks in a portfolio, the amount of risk that is eliminated depends on the degree to which the stocks face common risks and move together.
The statement is correct.
Now, According to the question:
Risk:
Risk denotes the change in return which can happen due to certain circumstances. A risk averse investor takes additional risk only when investor receives additional compensation for bearing additional risks.
The risk amount which will be eliminated when we will combine stocks will depend on the common risks faced by stocks and also their movement. When the degree of common risks and the tendency of stocks to move together are low then the amount of risk that can be eliminated is high.
Therefore, given statement is correct.
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net working capital is defined as: a. current assets plus fixed assets. b. current assets plus stockholders' equity. c. fixed assets minus long-term liabilities. d. total assets minus total liabilities. e. current assets minus current liabilities.
Net working capital is mainly defined as current assets minus current liabilities.
A stock market, fairness market, or share market is the aggregation of consumers and dealers of shares, which represent possession claims on businesses; these may include securities listed on a public stock.
Even though the stock marketplace produces volatile returns, it has long records of outpacing inflation in the long run.
The primary motive of the Wall avenue crash turned into the long length of speculation that preceded it, at some point in which tens of millions of humans invested their financial savings or borrowed cash to buy shares, pushing charges to unsustainable ranges.
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the old familiar and the beehive are the only two bistros in town. each is trying to decide whether or not it should advertise in the local newspaper. the accompanying payoff table gives their weekly profits under each possible outcome. the beehive does advertise the beehive does not advertise the old familiar does advertise the old familiar earns $x in profits. the beehive earns $y in profits. the old familiar earns $3,500 in profits. the beehive earns $2,250 in profits. the old familiar does not advertise the old familiar earns $2,000 in profits. the beehive earns $4,000 in profits. the old familiar earns $2,500 in profits. the beehive earns $3,500 in profits. a. which combination or combinations of x and y would make a situation in which the old familiar does not advertise and the beehive advertises a nash equilibrium? a nash equilibrium occurs if x
After solving, Nash equilibrium occurs if x = $1200, y = $1500 and x = $1500, y = $2500.
In the given question, the old familiar and the beehive are the only two bistros in town.
The accompanying payoff table:
The Beehive
Old Families Advertise Does not Advertise
Advertise x, y 3500, 2250
Does not Advertise 2000, 4000 2500, 3500
When Beehive chooses Advertise, Old Familiar will choose Does not Advertise when x<2000 when, Old Familiar chooses Does not Advertise, when Beehive will always choose Advertise, as 4000>3500
So, (Does not Advertise, Advertise) is a Nash equilibrium.
Whatever the value of y.
So, answer
x = $1200, y = $1500 and
x = $1500, y = $2500
The right question is given below:
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3. provide (2) reasons why a country may require that a foreign company investing in its borders work first in a strategic alliance prior to being allowed to merely invest in the country?
Reason is including the need to follow suppliers or customers who have established foreign production facilities the desire to be physically present on the market in order to deter potential competitors in a strategic alliance prior to being allowed to merely invest in the country.
A strategic alliance is an agreement between two or more parties to work together to achieve a certain set of goals while still operating as independent businesses. The alliance is a cooperative or synergistic effort in which each member anticipates that the benefits of the alliance will outweigh the results of their separate efforts. Technology transfer, economic specialisation, shared costs, and risk sharing are common elements of alliances. Generally speaking, a strategic alliance will fall short of a formal agency, partnership entity, or corporate affiliate arrangement. A strategic alliance is typically formed between two enterprises when they each have one or more company assets or skills that will benefit the other by advancing their respective industries. Relationships including outsourcing that aim to achieve long-term goals may give rise to strategic alliances.
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Which Accenture platform would best help the client in automation?
Accenture myWizard platform would best help the client in automation.
Accenture myWizard is an integrated automation platform bringing speed, efficiency, agility and predictability to IT.
The Accenture myWizard is a piece of software that simplifies complicated tasks or instructs a user how to complete a task.
A software wizard or setup assistant is a user interface that presents a dialog box to lead the user through sequence of small steps. It's often used to configure a program or service for the first time. Complex, rare or unfamiliar tasks may be easier with a Accenture myWizard.
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what is human trafficking and why should health care managers be concerned about it? provide three examples of the push factors and three examples of the pull factors of human trafficking. if it is illegal, why does it continue to exist?
Force, deceit, or other forms of coercion are used in human trafficking to obtain work or immoral acts for a fee. Worldwide, especially in the United States States, multitudes more men, women, and adolescents are exploited every year.
AGENTS OF PUSH
genocide, brutality, and destruction
Oppression
limited/no possibilities for work and education
both natural and man-made tragedies.
PULL FIXTURES
Security and safety
avoiding being persecuted
accessibility of possibilities for work and education
enhanced standard of living.
Human trafficking is a covert crime because victims typically hesitate to seek assistance due to language problems, anxiety of individual smugglers, or dread of crime prevention efforts.
For a multitude of reasons, and therefore are not limited to the following, traffickers seek out easy targets: weakness on the emotional or intellectual front. Financial stress
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