Many individuals believe their wishes to be their needs.
What kinds of things are needs?A need is something that is considered to be a necessary or vital to have. Examples include shelter, food, and water. A want is an unnecessary yet wanted object or things that improve quality of life.
Which kind of term is required?Need is a semi-modal verb because it resembles a modal verb in some ways and a primary verb in others. You don't need to take off your shoes. We use need most often in the negative form to indicate that something is not required or required of you.
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every second, the sun converts about 600 million tons of hydrogen into 596 million tons of helium. the remaining 4 million tons of mass is __________.
Every second, the sun converts about 600 million tons of hydrogen into 596 million tons of helium. The remaining 4 million tons of mass is converted to an amount of energy equal to 4 million tons times the speed of light squared.
Speed of light, speed at which light waves propagate through exclusive substances. in particular, the value for the speed of light in a vacuum is now described as precisely 299,792,458 metres per second. the velocity of light is considered a fundamental regular of nature.
Today the speed of light, or c because it's generally acknowledged, is taken into consideration the cornerstone of special relativity – unlike space and time, the speed of mild is regular, unbiased of the observer.
The velocity of mild in vacuum is 3×108 m/s. sunlight takes about eight minutes to attain the Earth. specific distance of the sun from Earth in popular form.
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sdj, incorporated, has net working capital of $3,020, current liabilities of $4,130, and inventory of $3,780. a. what is the current ratio? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. what is the quick ratio? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
A. Therefore the current assets are $7,150.
B. Therefore the quick ratio is 0.82
The liquidity ratios are current ratio and quick ratio. These are used to gauge the company's liquidity. They must assess the company's capacity to fulfill its immediate responsibilities. To calculate the current and quick ratio, follow the methods provided below. Initially, compute the current assets using the following formula:
Working money Current assets - Current Liabilities
Substitute $3,020 for working capital and $4,130 for current liabilities in the formula.
Working capital = Current assets - Current Liabilities
$3,020 Current assets- $4,130
Current Assets = $4,130 +$3,020
= $7,150
Therefore the current assets are $7,150.
=$7,150 /$4,130
= 1.73
Therefore the current ratio is 1.73
Quick Ratio = Quick Assets / Current Liabilities
Quick Ratio: (Current Assets-Inventory)/Current Liabilities
($7,150-$3,780)/$4130
$3,370 $4,130 =
= 0.82
Therefore the quick ratio is 0.82
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Correct Question:
SDJ, Inc., has net working capital of $3,020, current liabilities of $4,130, and inventory of $3,780.
a. What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Current ratio times
b. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Quick ratio times
3. bill worked as a bellman at a hotel. the hotel invested in robot butlers to provide many bellman services, and bill lost his job. how would you classify bill? a. cyclically unemployed b. frictionally unemployed c. not part of the labor force d. structurally unemployed e. both a and c
Bill worked as a bellman at a hotel. the hotel invested in robot butlers to provide many bellman services, and bill lost his job. Bill is d. structurally unemployed
People who lack skills valued by the labor market, either because demand has switched away from the abilities they do have, or because they never obtained any skills, are referred to be structurally unemployed.
Long-term unemployment brought on by changes in the economy is referred to as structural unemployment. Even while there are open positions, there is a mismatch between what employers require and what the current workforce can provide.
Economic changes, technological advancements, and workers lacking the necessary job skills can all be contributing factors to structural unemployment. On the other hand, fluctuations in business cycles and a period of slow economic growth, known as a recession, can result in cyclical unemployment.
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a monopoly that can perfectly price discriminate has a marginal revenue curve that is _____ the demand curve for the good that the monopoly produces. if a monopoly can perfectly price discriminate, it produces _____ deadweight loss.
The marginal revenue curve of a monopoly with perfect price discrimination is steeper than the demand curve. A monopoly doesn't cause any deadweight loss if it can properly price discriminate.
What impact does perfect pricing discrimination have on revenue?The monopolist will continue to produce until marginal cost matches the price of the good because under perfect price discrimination, the marginal revenue curve corresponds with the market demand curve.
What happens when pricing discrimination is perfect?The effects of perfect price discrimination: more will be produced than a single-price monopolist (Qp=MC), certain consumers will pay higher prices than they would have otherwise (Pm), while other consumers will pay lower prices.
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to calculate the expected risk premium on a stock, one must subtract the ________ from the stock’s expected return.
To calculate the expected risk premium on a stock, one must subtract the risk-free rate from the stock’s expected return. the correct answer is D.
What purpose does the risk-free rate serve?The prospective rate of return on a risk-free investment is known as the risk-free rate. It serves as the standard for other investments with risk components as a result. Government bond yields are some of the most often used risk-free rates for investments.
One must deduct the risk-free rate from the expected return on a stock in order to determine the projected risk premium.
How is the risk-free rate used to calculate the risk premium?The risk premium calculation formula is straightforward: The risk-free rate, which is simply the current interest rate paid on risk-free investments like government bonds and Treasuries, can be calculated by deducting the projected return on a certain asset from the risk-free rate.
Your question is incomplete but most probably your full question was
To calculate the expected risk premium on a stock, one must subtract the_________ from the stock's expected return.
a) variance
b) expected market rate of return
c) Standard deviation
d) risk free rate
e) Intiation rate
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the choice of an appraisal method should be largely based on: a. the preferred technique of the personnel department b. the purpose of the appraisal c. the reaction of employees d. what skills the developer of the system possesses
The choice of an appraisal method should be largely based on b. the purpose of the appraisal
To determine eligibility for a position in the classified service, an appraisal method is a process used to assess job-related knowledge, skills, abilities, competencies, and other qualifications.
The purpose of the evaluation determines the performance evaluation method to be used. To enhance communication between the parties, it is a good idea to split the performance evaluation meeting into two sessions: one for the performance review and the other for the employee's growth objectives.
The fair market worth of a piece of property, a company, an artifact, or even a collectible is determined via an appraisal. Appraisals are used to determine the value of uncommonly traded, one-of-a-kind goods.
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why blackstone’s $69 billion property fund is signaling pain ahead for real estate industry
Blackstone Inc. and Wells Fargo & Co., took action this week to address dwindling demand as the business contends with a quickly cooling real estate market, rising interest rates, and declining investor interest.
What is a property fund?Property funds are used to invest in commercial real estate, such as buildings used as offices, factories, warehouses, and retail spaces. Customers make lump sum investments that are aggregated and used in one of two ways to purchase a range of assets: immediately in commercial property
How are property funds valued?In order to value an equity, two basic approaches—absolute value and relative value—are typically employed. The appraisal of real estate properties is no different. Discounting future net operating income (NOI) for real estate at the appropriate discount rate, similar to discounted cash flow (DCF) values for equities.
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richard roll, in an article on using the capital asset pricing model (capm) to evaluate portfolio performance, indicated that it may not be possible to evaluate portfolio management ability if there is an error in the benchmark used. in evaluating portfolio performance, describe the general procedure, with emphasis on the benchmark employed. explain what roll meant by the benchmark error and identify the specific problem with this benchmark
Financial models that select the wrong benchmark make benchmark errors, which produce false results.
What does the term "benchmark" in forex mean?A standard is a reference point used to evaluate something. Benchmarks are used by investors to evaluate the performance of shares, mutual funds, ETFs, portfolios, and other types of investment vehicles.
Why is benchmarking necessary and what does it entail?Comparing a company's measurements to those of other companies in order to determine what is successful in each industry is known as benchmarking. This procedure's implementation can have a number of advantages, such as higher productivity and revenue, guaranteeing that a levelling rod can be precisely reinstalled in the same location in the future.
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what is the financial advantage (disadvantage) of accepting the special order from the wedding party? direct materials $ 142 direct labor 90 manufacturing overhead 37 unit product cost $ 269
The financial advantage of accepting the special order from the wedding party is $2352.
The following expenses must be considered before accepting the special order:
1. Boosted Sales from the Special Order
2. Added variable costs
3. The price of the unique tool
Unit variable cost: 142+ 90+ 9+ 15=256
In any case, the remaining manufacturing expenses would be incurred. As a result, they have no bearing on the judgment.
Sales from special orders brought in $ = (21× $368) = 7728
The Variable Cost of a Special Order is $ = (21× $256)= (5376 )
financial benefit = Sales - variable cost
= 7728 - 5376
= $ 2352
The unique order should be accepted by the business since it will boost profits by $2352.
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Correct question:
Imperial Jewelers manufactures and sells a gold bracelet for $408.00. The company’s accounting system says that the unit product cost for this bracelet is $268.00 as shown below:
Direct materials $142
Direct labor 90
Manufacturing overhead 36
Unit product cost $268
The members of a wedding party have approached Imperial Jewelers about buying 30 of these gold bracelets for the discounted price of $368.00 each. The members of the wedding party would like special filigree applied to the bracelets that would require Imperial Jewelers to buy a special tool for $452 and that would increase the direct materials cost per bracelet by $9. The special tool would have no other use once the special order is completed.
To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $15.00 of the overhead is variable with respect to the number of bracelets produced. The company also believes that accepting this order would have no effect on its ability to produce and sell jewelry to other customers. Furthermore, the company could fulfill the wedding party’s order using its existing manufacturing capacity. What is the financial advantage (disadvantage) of accepting the special order from the wedding party?
Some U.S. multinationals add a premium percentage for risk to the discount rate when evaluating potential foreign investments. Critics argue that this practice:________
a) heavily penalizes distant cash flows.
b) fails to penalize early cash flows.
c) fails to recognize early cash flows.
d) penalizes early cash flows too heavily.
Some U.S. multinationals add a premium percentage for risk to the discount rate when evaluating potential foreign investments. Critics argue that this practice penalizes early cash flows too heavily.
Foreign investment is the transfer of capital from one nation to another, giving the foreign investors significant ownership holdings in domestic businesses and assets. The money a company gets and spends is referred to as its cash flow. Sales revenue is received by businesses, and it is then used for overhead.
A sort of financial statement that describes the origins and uses of a company's cash over time is the cash flow statement. Foreign investment indicates that foreigners have an active management role as part of their investment or a sizeable ownership holding that allows the foreign investor to have a say in how the company does business.
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What benefits do political parties provide to voters ?
They provide voters with clear choices and an effective way to identify the candidate whose views accord more with their own.
Voting is a process that a group, such as an electorate or gathering, can use to reach a consensus or express an opinion, typically after talks, debates, or election campaigns. Voting is how democracies have a choice of their leaders for high office.
Voters are looking for one result: a government majority that will support a choice or order of priorities that the voter cares about. There are various methods that voters and/or elected officials might use to determine the prevailing viewpoint.
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bernard company provided the following information from its financial records: net income $ 250,000 total stockholders' equity $ 1,000,000 common dividends $ 15,000 common shares outstanding, 12/31 150,000 preferred rights $ 175,000 what is the company's book value per share?
The company's book value per share is $7.17.
The ratio of equity available to common shareholders divided by the total number of existing shares is known as book value per share (BVPS).
Investors can determine whether a stock price is undervalued by comparing it to the company's market value per share using the book value per share (BVPS) metric.
To calculate the company's book value per share, we need to subtract the value of the preferred stock from the total stockholders' equity and divide the result by the number of common shares outstanding. In this case, the book value per share is calculated as follows:
Book value per share = (total stockholders' equity - value of preferred stock) / common shares outstanding
= (1,000,000 - 175,000) / 150,000
= $7.17
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what is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
41,000 The statement of cash flows' operating activities part was created using the indirect technique, which is: Reports net income and then makes adjustments for non-cash items.
What is cash flows?The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow. Money spent and money received reflect inflows and outflows, respectively.
Fundamentally, a company's capacity to produce positive cash flows, or more specifically, its capacity to optimize long-term free cash flow, determines its ability to create value for shareholders (FCF).
FCF is the cash a company generates from its regular business activities after deducting any funds used for capital expenditures (CapEx).
The quantity of money that enters and leaves a business is known as its cash flow. Businesses receive revenue from sales and spend money on costs.
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what is one way that cash flows from investing activities are the opposite of cash flows from financing activities?
Cash flows from investing activities frequently reflect cash flows related to cash the company has loaned to others.
Just what do cash flows mean?Cash flow is the net amount of cash and cash equivalents coming into and going out of a business. Inflows are represented by money received, and outflows are represented by money spent.
How would you describe the cash flow statement?A cash flow statement lists the total amount of money and money equivalents coming into and going out of a business. The CFS emphasizes how well a company manages its cash, especially how well it creates cash. The income statement and balance sheet are completed by this financial statement.
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David beckham was paid how much by qatar to serve as an ambassador for the 2022 world cup?
The first reports of the Qatar partnership in October 2021 indicated it was worth £150 million over 10 years to Beckham but The Athletic understands the real figure is more modest. Sources indicate he will actually be paid around £12 million a year for an initial three years, world cup.
The 2022 FIFA global Cup qualification become the qualifying procedure that decided the 31 groups that would be a part of hosts Qatar, who obtained an automatic spot, at the 2022 FIFA global Cup. One night time within the free zone fan village cabin begins at $207 a night, in line with the Qatar International Cup's reliable accommodation corporation, but inexpensive alternatives can be found at Caravan town, at $114 a night. And if your heart is ready to camp below the stars, a tent in the Al Khor village is to be had for $423 a night.
Karim Benzema received the Ballon d'Or Award (his first) for 2022, beating the likes of Kevin De Bruyne, Mohammad Salah, and Robert Lewandowski in the race. one of the main architects of real Madrid's triumphing in their 14th Champions League trophy changed into French striker Karim Benzema.
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trade restrictions that limit the sale of low-price foreign goods in the u.s. market
Governments have three primary means to restrict trade: quota systems; tariffs; and subsidies. The major obstacles to international trade are natural barriers, tariff barriers, and non-tariff barriers.
International trade is the acquisition and sale of goods and services by means of corporations in unique international locations. consumer items, raw substances, food, and machinery all are bought and offered in the global market. global trade is called the trade or exchange of products and services between unique countries. This type of exchange contributes to and increases the arena economy. The most typically traded commodities are tv sets, garments, machinery, capital goods, meals, uncooked fabric, and many others.
International exchange is the change of capital, items, and offerings across global borders or territories because there's a want or need for items or offerings. In maximum nations, such change represents a great proportion of the gross home product.
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to calculate the expected risk premium on a stock, one must subtract the ________ from the stock’s expected return.
To calculate the expected risk premium on a stock, one must subtract the inflation rate from the stock’s expected return.
The Wholesale Price Index (WPI) value changed yearly by a certain percentage, which is known as inflation. It accurately calculates the change in a basket of products and services prices over the course of a year. When calculating inflation in India, the WPI is used as the baseline.
Since inflation has increased, many people have changed their financial situations. Particularly with a potential recession coming, it's critical to follow your debt repayment strategy. To keep up with debt repayment, take into account cutting back on your free time or taking on a second job.
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A company offers a renters insurance policy that costs a customer \$60$60dollar sign, 60 per year, and the company will make a payout of \$10{,}000$10,000dollar sign, 10, comma, 000 to the customer if they are victim to theft in that year. The company set this price based on the probability of a theft in the area being 0. 10. 0010, point, 001.
If a company offers a renters insurance policy that costs a customer the variance of x is 99900 and the standard deviation is 316.0696
Here x takes 2 values with respective probabilities
x p (x)
60 0.999
-9940 0.001
Mean = ∑ x px (x) = 60 x 0.999 + (-0.001 x 9940) = 50
The variance of x = ∑ [tex]x^{2}[/tex]p(x) - [ ∑xp(x)]²
= 60² x 0.999 + [( - 9940 )² x 0.001 )] - (50)²
Variance of x = 99900
The standard deviation of x = √ variance of x = √99900
The standard deviation of x = 316.0696
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shaw company produced 730 units. its overhead allocation base is dlh and its standard amount per allocation base is 8 dlh per unit. its standard overhead rate is $10 per dlh. the flexible overhead budget at an activity level of 730 units shows $28,500 in variable overhead costs and $32,500 in fixed overhead costs. compute the volume variance. (indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
The volume variance of Shaw company produced 730 units is
What is Volume Variance?A volume variance is the difference between the amount that was actually sold or eaten and the amount that was anticipated in the budget to be consumed or sold.
To calculate the production volume variance one must shall use the following equation based formula:
Production volume variance = (actual units produced - budgeted production units) x budgeted overhead rate per unit.
So Actual units produced 730 units.
Information given:
a) Standard overhead rate is $10 per Direct Labor Hours.
b) Standard Direct Labor Hours (DLHs) required to produced one unit = 8 DLHs.
c) Overhead budget = $28,500 (variable overhead) + $32,500 (Fixed overhead) = $61000.
d) Budget Units = (Overhead Cost ÷ Per Unit Rate) ÷ Direct Labor Hours per unit.
e) Units Produced = $61000 ÷ $10 ÷ 8 hours per unit = 762.5 Units
Putting the values ascertain in the above formula:
f) Volume Variance = (730 units - 762.5 Units) × $80 = $2600 Favorable
Thus the variance is favorable.
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When the federal reserve increases the federal funds rate, how would it impact the economy?
When the federal reserve increases the federal funds rate, then it impacts many consumer interest rates, including deposits, bank loans, credit cards, and adjustable-rate mortgages. The FFR indirectly influences even longer-term interest rates.
Central bank cut interest rates when the economy slows down in order to re-invigorate economic activity and growth. Rates go up when the economy is hot. The goal of cutting rates is to reduce the cost of borrowing so that people and companies are more willing to invest and spend.
Interest rates changes spill over to many facets of the economy, including mortgage rates and home sales, consumer credit and consumption, and stock market movements.
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If the economy is currently in short-run equilibrium at point a, what type of monetary policy would be most effective to bring the economy back to long-run equilibrium?
a) expansionary monetary policy to shift AD to the right
b) expansionary monetary policy to shift SRAS to the right
c) contractionary monetary policy to shift AD to the right
d) contractionary monetary policy to shift SRAS to the right
If the economy is currently in short-run equilibrium at point a, what type of monetary policy would be most effective to bring the economy back to long-run equilibrium then expansionary monetary policy to shift AD to the right .
Option A is correct .
When total output and total demand are equal, this is referred to as short-run equilibrium. When some production parameters are fixed and some are changeable, an economy is in short-term equilibrium. Only by increasing the application of the variable factor can output be increased. The scale of manufacturing remains steady in the short term.
When prices respond to market changes and the economy is operating at its maximum potential, long-run equilibrium has been reached. A company achieves equilibrium over the long term when it modifies one or more of its plants to create output at the least point on their long-run Average Cost (AC) curve. The demand curve that the market price described is tangential to this curve.
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after successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of cornwall enterprises. unfortunately, you will be the only person voting for you. if the company has 415,000 shares outstanding, and the stock currently sells for $48, how much will it cost you to buy a seat if the company uses straight voting? (do not round intermediate calculations.)
It will cost $9,752,500 for the company to buy a seat if the company uses straight voting
Number of shares: 415,000
Share price: $47
If the company uses straight voting
STEP 1: To ensure that there are enough votes cast to win the election if the firm utilizes straight voting, it should possess half the shares plus one additional share.
Number of shares needed = (Number of shares available for voting ÷ 2) + 1
Number of shares needed = (415,000 ÷ 2) + 1
Number of shares needed = 207,501
STEP 2: Total cost will be the product of share price and the number of shares needed.
Total Cost = Share Price × Number of shares needed
Total Cost = $ 47 × 207,501
Total Cost = $ 9,752,500
It will cost $9,752,500 if the company uses straight voting.
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the only way to improve your credit score is to pay off your entire balance every month. t or f
False. Paying off your credit card amount each month is only one aspect that can help you raise your credit score, it is not the only way, but it can still assist.
Companies compare the amount of credit you are using to the amount of credit you have available as one of the many factors used to determine your credit score. Even if you pay it off the next day, there may be instances when you have a large amount on the day the report is generated, which might affect your score.
Some tips to improve your credit score:
Pay back your debts on schedule, each time.Stay away from your credit limit.Establish a lengthy history of timely payments to build creditOnly apply for the credit you require.Verify the accuracy of your credit reports.Learn more about credit scores here:
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Economic development that meets the needs of the present without compromising the needs of future generations is called?
Sustainable development is defined as economic growth that satisfies present demands without jeopardizing those of future generations.
The Bruntland Commission Report from 1987 defined sustainable development as "development that fulfills present demands without sacrificing capabilities of future generations to meet their own requirements."
Making wiser judgments on matters that have an impact on all of our lives is possible with the help of sustainable development. For instance, by including health plans in the design of new communities, we can guarantee that inhabitants have convenient access to healthcare and recreational amenities.
Sustainable development always motivates us to protect and improve our natural resources by gradually altering the methods in which we create and apply new technology. Every nation should be able to satisfy its fundamental requirements for work, food, energy, and water.
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face 2 face corporation reports 230 outstanding shares, 1,150 authorized shares, and 115 shares of treasury stock. how many shares are issued?
Issued shares = Outstanding shares + Treasury stock, Issued shares = 230 shares + 115 shares and Issued shares = 345 shares
Whether they are insiders, institutional investors, or members of the general public (as listed in the firm's annual report), issued shares are the subset of authorized shares that have been sold to and owned by shareholders of a corporation. The stock that a company issues and sells to the public to raise money, as well as the stock that is provided to insiders as part of their pay.
The difference between issued shares and authorized shares is that issued shares have already been dispersed, whereas authorized shares have simply received the board of directors' approval for issuance. The number of shares issued may be greater than, less than, or equal to the entire number of authorized shares.
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a(n) organizational design attempts to simultaneously pursue modest, incremental innovations as well as more dramatic breakthrough innovations.
An ambidextrous organizational design attempts to simultaneously pursue modest, incremental innovations as well as more dramatic breakthrough innovations.
Organizational design is the process of creating a structure and system for a company or organization. It involves creating a plan that outlines how the company will operate and function. The goal of organizational design is to create a system that is efficient and effective.
There are many different factors that need to be considered when designing an organization, such as the company's size, culture, and goals. The organizational design process can be a complex and daunting task, but it is essential for the success of any company.
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which correctly describes effective marketing communication and the order that it takes place
A set of procedures and tools make up a marketing communication strategy. It will assist you in sending the appropriate marketing message via the appropriate channel, to the appropriate audience, at the appropriate time.
It supports your marketing and commercial objectives, such as ongoing marketing initiatives, new product launches, temporary promotions, hiring objectives, business relationships, and more.
The crucial aspect of this benefit is that for the marketing communication plan to be effective, all four requirements must be met.
People (your audience) Message (what you're trying to communicate or sell)Timing (day, week, month, season, etc) (day, week, month, season, etc.)Place (channel you choose)Learn more about marketing communication strategy here brainly.com/question/29627547
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Find the demand function for each marginal revenue function. Recall that if no items are sold, the revenue is 0. R^{\prime}(x)=500-0.15 \sqrt{x}R
(x)=500−0.15
x
The marginal revenue function, locate the demand function is P = 0.02x² -0.025x + 152 when R'(x) = 0.06x² - 0.05x + 152.
Given that,
We have to find for the marginal revenue function, locate the demand function.
Remember that the income is zero if no things are sold:
R'(x) = 0.06x² - 0.05x + 152p(x) is what.
We know that,
MR = dTR/dx = 0.06x² - 0.05x + 152
Integrating the marginal revenue function , we get total revenue function,
MR = TR
= (0.06x²⁺¹)/(2+1) - (0.05x¹⁺¹)/(1+1) + 152x
= (0.06x³)/3 - (0.05x²)/2 + 152 x
TR = 0.02 x³ - 0.025 x² + 152 x
TR = (P)(Q) = (P)(x) = 0.02 x³ - 0.025 x² + 152 x
P = ( 0.02 x³ - 0.025 x² + 152 x)/x
P = 0.02x² -0.025x + 152
Therefore, The marginal revenue function, locate the demand function is P = 0.02x² -0.025x + 152 when R'(x) = 0.06x² - 0.05x + 152.
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why had the u.s. steel industry failed to replace outdated plants and equipment in the postwar years?
The U.S. steel industry failed to replace outdated plants and equipment in the postwar years because American steel producers enjoyed a world market without serious competition.
Changes in the elements that had previously contributed to the sector's political cohesion have resulted in a loss of political influence. One of these shifts is the quickly altering American market structure, particularly the rising significance of a sizable number of unintegrated steel manufacturers known as "minimills."
The absolute decline in the number of steelworkers and, consequently, the number of voters especially engaged in steel issues, has also reduced the influence of the integrated industry.
The absolute decline in the number of steelworkers and, consequently, the number of voters especially engaged in steel issues, has also reduced the influence of the integrated industry.
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when considering where most companies fall on the spectrum of organic versus mechanistic structures, where do most of them lean? lumen
Most businesses tend to tilt toward mechanistic structures when deciding where they lie on the organic versus mechanistic structures spectrum.
Mechanistic organizations feature formal, standardized control mechanisms and centralized decision-making. They are essentially bureaucracies.
Mechanistic organizations thrive in predictable, uncomplicated settings. Through formal channels and formal meetings, managers integrate the operations of clearly defined departments. They frequently have numerous layers of hierarchy and place a lot of emphasis on reporting relationships.
An organization that employs the mechanistic paradigm is General Motors. They are incredibly big, which is a necessity when there are that many people and activities involved. However, they are also in a secure, though not somewhat straightforward, setting. Yes, the economy affects the auto market, but the corporation still makes cars and trucks. That task essentially serves all of their divisions in the same way.
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