Let's say Tom has a tight budget and his monthly income is equal to the cost of a hamburger = $80
Option C is correct.
How much is income?An economic measure of money, goods, and services earned or received over time, typically within a year, is called income. The total amount of money received from employment, investments, business profits, capital gains, and government assistance is measured by this figure. Wages, salaries, tips, bonuses, commissions, dividends, pensions, rental income, and other investments all qualify as sources of income.
Employment, typically working for a company, is the most common form of income. Investment capital gains, intellectual property royalties, business profits, and rental property income are all potential sources of income.
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Tom's budget constraint AC indicates that the maximum amount of hamburgers that Tom can purchase is 20.
What is budget?Budgeting is the process of creating a spending plan.. Budget refers to this plan for spending money. Creating a budget can help you make sure that you are making the most of your money and not spending more than you can afford. With a budget, you can decide how much money to save and how much to spend on different things. Budgeting is important because it helps you to keep track of your money, stay organized, and reach your financial goals. It also allows you to plan for future expenses and save for unexpected costs. Budgeting is a long-term process that requires patience and can take some time to get used to. Once you create a budget and stick to it, you will begin to see the benefits.
Therefore, Tom's monthly income must be equal to 20 x $4.00 = $80.
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The benefits, described in the text, of using a project management approach to developing information systems include all of the following exceptanswer choicesO providing a common set of tools and controls which provides a common language to compare projects throughout the organizationO the ability to better estimate and control costs and schedules which leads to a more effective conservation of company resourcesO improved communication and status reports leads giving the developers the ability to manage expectations of stakeholdersO competitive advantage for internal developers whose work might have to be outsourced if the quality and cost of their work can be bettered by outside competitionO the coupling of project success to the selection of team members and the skill sets and resources that they bring to the project.
All of the following are advantages of utilizing a project management technique to design information systems, with the exception of the coupling of project success to team member selection and the resources and skill sets they contribute to the project.
Which of the following best sums up the purpose of the project and the intended outcome?The project's product, service, or outcome is described in writing in the project statement of work. The purpose of a project, the issue it will address, and the benefit-cost analysis are all explained in the business case.
What should a project manager do in order to get ready for the scope approval procedure?Establish the approvals that the sponsors must sign off on.
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Entities must design and implement Blank 1Blank 1 to ensure that transactions are initiated, captured, recorded and summarized appropriately in the entity's accounting system.
Blank 1: controls, internal controls, or internal control
Entities must design and implement internal controls to ensure that transactions are initiated, captured, recorded, and summarized appropriately in the entity's accounting system.
An accounting system is a collection of processes, procedures, and controls that are used to record and report financial transactions. It is used to capture, classify, and summarize financial data in order to produce financial statements and other reports that provide information on the financial health and performance of a business. The accounting system typically includes software and hardware that are used to input, process, and store financial data, as well as the personnel responsible for maintaining and operating the system. The internal controls within the accounting system are designed to ensure the integrity and accuracy of the financial data by preventing errors, fraud, and misuse of assets.
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william howard taft became the first president to hold which of the following positions in the federal government?
The only person to hold both of these positions was William Howard Taft, who was elected the 27th President of the United States (1909–1913) and then the tenth Chief Justice of the United States (1921–1930).
Who was William Howard Taft?William Howard Taft (September 15, 1857 – March 8, 1930), the only person to occupy both offices, was the tenth Chief Justice of the United States (1921–1930) and the 27th President of the United States (1909–1913).
Theodore Roosevelt's chosen successor Taft was elected president in 1908, but Wilson beat him for reelection in 1912 when Roosevelt split the Republican vote by running as a third-party candidate.
Taft was appointed chief justice by President Warren G. Harding in 1921, and he served in that capacity up until a month before his passing.
In 1857, Taft was born in Cincinnati, Ohio. Attorney General of the United States and Secretary of War, Alphonso Taft was his father.
Therefore, the only person to hold both of these positions was William Howard Taft, who was elected the 27th President of the United States (1909–1913) and then the tenth Chief Justice of the United States (1921–1930).
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The management with Carson Tech International are interested in implementing a functional structure. To do so, they should establish
The management with Carson Tech International are interested in implementing a functional structure.They should establish manufacturing, marketing, research and development, and finance divisions.
How significant is functional structure?A type of business structure known as a functional structure divides a company into various departments according to its areas of expertise. Functional managers or department heads are in charge of these departments, which function as functional units.
Where is the use of functional structure?One of the most prevalent types of organizational structure in business is the functional structure, which organizes groups of employees by the function they perform, especially in larger businesses.
How significant is functional management?The functional manager makes certain that all key users and operators understand how to use the application. He can accomplish this through lectures to the class, videos, or presentations. The objective is for each operator to comprehend the tool and be able to carry out the processes according to the agreed-upon steps.
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Robert is a Florida broker operating as a fiduciary for Mia in a real estate transaction. When introducing Mia to others, Robert should refer to her as his: client or customer principal or customer customer or third party client or principal
The correct response is d. client or principal. In a real estate transactions, Robert, a broker in Florida, is acting as Mia's fiduciary.
A completed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for cash is referred to as a transaction. The phrase is frequently used in business accounting. A business often engages in four basic kinds of financial transactions. Sales, purchases, receipts, and payments are the four primary financial transaction types that affect a business. A bank transaction is any transfer of funds into or out of your bank account. There are numerous various ways to conduct a bank transaction, including withdrawals and deposits of cash, checks, internet payments, debit card charges, wire transfers, and loan payments. The Basic Transaction, which forms the basis of the present framework contract, is the agreement for goods and services that is developed, reached, and/or
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Robert is a Florida broker operating as a fiduciary for Mia in a real estate transaction. When introducing Mia to others, Robert should refer to her as his:
a. client or customer
b. principal or customer
c. customer or third party
d. client or principal
The primary objective of financial accounting is:
A. To serve the decision-making needs of internal uses
B. To provide financial statements to help external users analyze and interpret an organization's activities
C. To monitor and control company activities
D. To provide information on both the costs and benefits of managing products and services
E. To know what, when and how much to produce
The primary objective of financial accounting is: To provide financial statements to help external users analyze and interpret an organization's activities
Hence, Option B is correct
In double-entry accounting, each effect of a transaction is recorded. The transaction is shown as a credit in one account while being recorded as a debit in another. Debit entries reflect a rise in assets (what you own) and expenses (what you spend) as well as a fall in both. Business transaction recording, classification, summarization, analysis, and reporting are all steps in the systematic process of financial accounting. Identifying a business's profits and losses is the main goal. A true and fair evaluation of a business is provided by financial accounting. As a result, it protects stakeholders' interests.
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the three-business-day right of rescission that is provided by regulation z of the truth in lending act does not apply to? A)consumer credit transactions.B)refinancing a home mortgage.C)a home equity loan.D)an owner-occupied residential first mortgage loan.
Option (d), An owner-occupied residential first mortgage loan is exempt from the three-business-day right of revocation that is stipulated under regulation Z of the truth in lending act.
What is the purpose of Regulation Z under the Truth in Lending Act?The Truth in Lending Act (TILA) is put into effect by the Board's Regulation Z. (12 CFR Part 226). The purpose of TILA is to encourage consumers to use credit responsibly by mandating disclosures on the conditions and costs of consumer borrowing. Furthermore, TILA provides extensive protections.
What is mandated under Truth in Lending Act Regulation Z?Regulation Z mandates that mortgage lenders, credit card companies, and other lenders provide borrowers with written disclosures of important credit terms, such as interest rates and other financing charges, refrain from using certain unfair business practices, and respond to consumer complaints about billing errors.
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TRUE/FALSE. project management software should be used by needs analysts for even very small projects such as the selection of a home pc
Project management software should be used by needs analysts for even very small projects such as the selection of a home PC.
What is Project management software?For even very modest tasks, like choosing a home PC, requirements analysts should use project management software. Vendors seldom contribute to a user requirements assessment study since they are prejudiced toward their own products. The practice of organizing a team's efforts to complete a project within its limits is known as project management. In project documentation that is prepared at the start of the development process, this information is typically described. Budget, time, and scope are the main restrictions. In the broadest sense, project managers are in charge of organizing, planning, and overseeing the completion of a project while making sure that it produces the anticipated outcomes on time, within scope, and on budget.To learn more about Project management software refer to:
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Altonvista, Inc., a company based in California, is sued by a plaintiff from the state of Texas. Which of the following statements would apply to this situation?O The case must be heard in the California federal court as this is a subject matter in which federal courts have exclusive jurisdiction.O If the plaintiff decides to bring the case to the California federal court, Altonvista Inc. can have the case moved to California state court.O If the plaintiff chooses to bring the case to the California federal court, it would stay in the federal court.O The case can only be heard in a California state court as the matter is not subject to federal jurisdiction.
If a plaintiff files a case in state trial court where concurrent jurisdiction applies, a defendant may (or may not) ask that the case be removed to federal district court.
The matter may be transferred to a California state court, If the complainant chooses to file the action in the civil court in California. District courts, which serve as the court, circuit courts, which serve as the first position of appeal, and the Supreme Court of the United States, which serves as the final position of appeal, make up the civil court system. In the entire nation, there are 94 quarter courts, 13 circuit courts, and one Supreme Court. In numerous ways, civil courts operate else from state courts. The orders of cases that can be handled in the civil system are the main distinction between civil suits and felonious proceedings. Federal courts have a narrow compass of authority, hence they can only give order.
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matching question drag each description to the type of task performance it describes. adaptive task performance adaptive task performance drop zone empty. creative task performance creative task performance drop zone empty. routine task performance
Types of Task Performance. regular, adaptable, and creative. regular task performance. routine daily tasks Taking a flight attendant describing safety as an example.
Do you mean daily by routine?
An unchanging habit or sequence is comparable to a routine. There are various dancing routines, including regular dance routines and others.
A routine occurrence means it is not unusual because it happens frequently. The bulk of jobs entail mundane duties that must be done often. People frequently are caught off guard by things that "shake up their routine" or are unexpected. Computer activities adhere to well-established, recognisable patterns. The scheduled performances that singers and dancers have (hopefully) been rehearsing are known as routines.
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Answer/Explanation:
Adaptive task performance is employee responses to task demands that are unusual, novel, or unpredictable
Creative task performance is the degree to which individuals develop ideas or outcomes that are both novel and useful
Routine task performance is well-known responses to demands that occur in a normal or predictable way
Which of the following explains why modern Americans enjoy a higher standard of living than Americans 100 years ago? Market failures are nonexistent. O There has been economic growth in our society. O Americans have prospered and earned more money due to a complete lack of recessions. O The invisible hand has guided all nations around the world to this prosperity In which field do researchers focus on investigating the phenomena described? O Economics Sociology O Political Science O Business
Modern Americans enjoy a higher standard of living as there has been economic growth in the society
By the metrics that the majority of economists employ, the standard of living in the United States is high, and for a significant portion of the 20th century, the United States held the title of having the highest quality of living worldwide. The improved level of living in contemporary America compared to one hundred years ago is a result of economic expansion. Productivity, income, and wealth have all increased as a result of the economy's expansion.
A number of reasons, including technological development, rising levels of education and skill, and better infrastructure, have contributed to this economic expansion. The market economy's self-regulating mechanism, sometimes known as the invisible hand, has also contributed to economic progress by effectively distributing resources.
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advantages of a firm the corporation makes annual payments to the trustee, who invests the proceeds in securities
advantages of firm: 1. Periodic income would be earned when the funds were invested in securities'. 2. bond retirement would be covered by accrued payments, there would be no concern about satisfying the commitment.
A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN). The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.
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the following table lists a variety of accounts commonly seen in financial statements. identify whether each account appears on the balance sheet as an asset, liability, or equity account; or whether it appears on the income statement as a revenue or expense.
A balance sheet summarises an organization's assets, liabilities, & stockholders' equity as of a given date.
What is balance sheet?An organization's balance sheet provides a snapshot of its financial situation at any given time. It can't by itself explain how trends that appear over a longer time span manifest themselves. Due to this, it is important to compare the balance sheet to those from prior periods.
Investors can use a balance sheet's ratios to determine a company's financial health, including the debt-to-equity ratio, the acid test ratio, and many others. The income statement and statement of cash flows also provide helpful context for assessing a company's financial situation, along with any notes or addenda in an earnings report that might refer to the balance sheet.
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Complete question
Financial statement accounts Aa Aa The following table lists a variety of accounts commonly seen in financial statements. Identify whether each account appears on the balance sheet as an asset, liability, or equity account; or whether it appears on the income statement as a revenue or expense. Account Asset Liability Equity Revenue Expense Accounts Payable O Property, plant, and equipment O Inventories O Long-term debt O Cost of goods sold Retained earnings O Research and development O Prepaid expenses O Common stock O Accounts Receivable
Use the following information to determine which supplier is more cost-effective using total cost analysis.
Note: Late delivery of components would cause 50% lost sales and 50% back orders of finished goods.
Note that there are 365 days in a year and that 2000 pounds equal one ton per mile.
Using supplier 1 will result in a $34,000 savings.
Cost analysis: What is it?
Cost analysis is a useful tool for improving project management and forecasting future financial success for a business. Cost analysis is a tool used by financial experts to determine how much revenue a project can generate in relation to its overall costs. It may be useful to learn more about cost analysis and how to calculate it if you work in finance or project management.
This article covers cost analysis, why it's crucial, seven steps you can use to calculate it, and a cost analysis calculation example.
The process of figuring out the costs and benefits is called cost analysis, also known as cost-benefit
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An ad for Mercedes-Benz cars showed a heart-shaped box of chocolates with one of the chocolates topped with the well-recognized Mercedes logo. There was no mention of the company name nor any sign of a product in the ad. This ad was an example of advertising Multiple Choice a. competitive institutional b. competitive product c. advocacy d. pioneering product e. reminder institutional
This ad is an example of reminder advertising.Reminder advertising is a type of advertising that aims to keep the product or brand in the minds of consumers. Hence the correct option is E. reminder institutional.
This type of advertising is used to maintain or increase the product or brand's market share, rather than introduce new products or brands. The ad for Mercedes-Benz does not introduce new products or brands, it does not make any explicit mention of the company name, and it does not have any sign of a product, it just has one of the chocolates topped with the well-recognized Mercedes logo, this is enough to remind the consumers of the brand and the company.
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Under the ________________ method, an acquirer recognizes all assets acquired and liabilities assumed in a business combination and measures them at their acquisition-date fair value.
Acquisition Strategy In a business combination, the acquirer identifies and values all assets and liabilities as of the purchase date.
Explain about the Acquisition Strategy?The acquisition strategy is a thorough, integrated plan that specifies the acquisition method and major framing assumptions as well as the business, technical, product support, security, and supportability techniques that the PM intends to use to control program risks and achieve program goals.
The company Salesforce is an illustration of one that has made acquisitions a key component of its growth strategy. After realizing that the Covid-19 pandemic had permanently altered the workplace, it decided to purchase Slack for $27.7 billion in July 2021.
The acquisition strategy was created as part of the acquisition planning processes. It is a thorough, integrated plan. The business, technical, and support techniques to control program risks and achieve program goals are described.
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List 4 ways to improve the following poorly written email:
Dear Buddies,
Hey - make it a super, super fun day today at work. Hey - we've got some new compliance rules. You had better follow them or else something may happen on your next performance review. LOL Just Kidding. Read them however -- they are attached and I don't have time to tell you what top 3 things you need to know about them. But I do know they are super important.
Have fun.
Joe Sr.
Your Boss
Insurance companies are interested in the mean health costs each year of their clients, so that they can determine the costs of health insurance. Define the following in terms of the study. Give examples where appropriate. The population O The population is a random selection of all of the clients of the insurance companies. O The population is a random selection of the insurance companies. O The population is all of the insurance companies. O The population is all of the clients of the insurance companies,
Out of the provided choices, it may be concluded to state that the population is all of the clients of the insurance companies. Therefore, the option D holds true.
An insurance company is to be brought into interpretation as a corporation that provides insurance services to its clients, and also collecting premium from the insured as a forming part of its revenues. For insurance companies, the total population comprises the number of clients that they have. Thus, the significance of population in this context has been given.
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Complete question
The population O The population is a random selection of all of the clients of the insurance companies. O The population is a random selection of the insurance companies. O The population is all of the insurance companies. O The population is all of the clients of the insurance companies,
the uncertainty that exists due to the portion of demand that the supply chain is required to meet is the
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the implied Demand Uncertainty. Thus, option D is correct.
What is Demand Uncertainty?The external causes that cause demand to suddenly rise or fall are referred to as demand uncertainty. A public health emergency or even a sudden change in the tastes of the clientele might be the root of this predicament. Numerous pieces of software assist businesses in forecasting demand and creating effective production and supply chain plans.
Increased costs are the outcome of demand uncertainty, most frequently in the form of surplus inventory, excess manufacturing capacity, or the utilization of quicker and more expensive modes of delivery.
Demand is the amount of an item that buyers are ready and willing to buy at different prices at a certain moment. The demand curve is another name for the connection between price and quantity demand.
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Cimplete question:
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the
Select one:
a. rate of strategic uncertainty
b. average forecast error.
c. demand uncertainty
d. implied demand uncertainty
if both demand and supply increase, there will be an increase in the equilibrium output, but the effect on price cannot be determined.
The shift in the equilibrium output can be calculated, but the shift in the equilibrium price cannot if demand and supply shift in the same way.
What are examples and demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame. Demand in economics refers to a consumer's readiness to pay a particular price for goods and services as well as their desire to buy them. Demand for a good or service typically declines when its price goes up.
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Professional skepticism can be broken into three attributes. Which one of the following is NOT one of those three attributes? A commitment to persuasive evidence A willingness to give others a presumption of goodwill until they prove otherwise A questioning mind and a critical assessment of the evidence A recognition that the plaintiff and/or the defendant may be masking the true underlying story
The attribute that is NOT one of the three attributes of professional skepticism is:
A recognition that the plaintiff and/or the defendant may be masking the true underlying story:
The three attributes of professional skepticism are:
A commitment to persuasive evidence.A willingness to give others a presumption of goodwill until they prove otherwise.A questioning mind and a critical assessment of the evidence.
Professional skepticism is an attitude of critical inquiry and a questioning mind maintained by auditors, accountants, and other professionals when evaluating evidence. It involves a critical examination of information, a willingness to question assumptions and conventional wisdom, and an approach that considers all relevant facts and evidence when making decisions.
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joe, a bookkeeper, works in a cubicle environment and is often called away from his desk. joe doesn't want to sign out of his computer each time he leaves. which of the following are the best solutions for securing joe's workstation? (select two).
Configure the screen saver to require a password and Configure the screen lock to be applied after short period of time.
What are the three things to consider when it comes to physical security?Access control, monitoring, and security testing are considered the three most crucial elements of a physical security strategy by security professionals and collectively they improve the security of your place.When auditing an item, Microsoft employs a system access control list (SACL) to track previous user activity. The rights and access that people and groups have to things are defined by permissions. Files and folders are examples of things to which permissions are applied.Except for one user who is in charge of system maintenance, all users on a Windows desktop are restricted users.To learn more about physical security refer to:
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for a trucking company, all of the following are examples of fixed costs, except tax accountant fees package designing fees insurance gasoline costs
Regardless of output fluctuations, fixed costs remain constant over a given time period.
What are fixed costs in cost accounting?Fixed costs, also referred to as variable costs, do not change as sales or production volumes do. This is the cause; they aren't actively engaged in making a product or rendering a service. As a result, fixed expenses are categorised as indirect expenses.
The wages paid to employees, however, may alter if the total number of employees increases or decreases. Because of this, it is not thought of as a fixed expense.
To start, figure out fixed costs by using the simple formula below: subtracting fixed costs from the total cost of production (Variable cost per unit x Number of units produced) first determine the overall cost of production. Make sure to record which expenses are fixed and which are variable.
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the process of reviewing an email before sending it to an instructor should include .multiple choice question.choosing a tonemaking sure it is signedadding colorful font and emojis to draw attention to the messagemaking sure the important parts are written in all capital letters
The process of reviewing an email before sending it to an instructor should include making sure it's signed.
Email form dictates what’s applicable when you’re transferring a communication to a prospective client, business mate, colleague, director, or familiarity. Business dispatches will frequently be straightforward and professional. As you develop a relationship with the person you are emailing( prospect or coworker), you can use further casual language while still maintaining a professional tone. This allows your personality to shine through so that others can get to know you better and feel comfortable doing business with you. Always choose a subject line that will let the receiver know you are addressing their business issues or other enterprises. Professional dispatch autographs can lead to advanced ROI rates if you are engaged in marketing juggernauts. It makes sense to give your anthology fresh information about you or your company. generally, an dispatch hand includes your full name, title, company name, and contact information.
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If the central bank raises the required reserve ratio, the money multiplier and the money supply will change in which of the following ways?
Increased reserve ratios lower the amount of deposits that can be sustained by a given level of reserves, which, in the absence of additional measures, lowers the money supply and increases the cost of credit.
What Are Reserve Requirements?The requirement to keep a percentage of deposits as reserves applies to banks and other depository institutions (savings institutions, credit unions, and foreign banking organizations). Reserves may be held by depository institutions in the form of bank deposits or cash in the vault. 2 Depository institutions were mandated to retain a reserve requirement of 3 percent against their first $42.8 million in net transaction accounts (demand and other checkable deposits) and 10 percent against their net transaction accounts over $42.8 million as of December 28, 2000. 3 Time and savings deposit deposits currently do not have a reserve requirement. According to the Federal Reserve Board's H.3 Statistical Release, the total amount of necessary reserves for depository institutions as of June 2001 was $36.9 billion, as shown in the table.To Learn more About reserves, refer TO:
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Which of the following statements are accurate regarding the importance of learning about a company's mission and vision statements before a job interview? (select all that apply)- these statements tell you why the company exists- these statements tell you what the company wants to achieve over time- you will be a better fit for a company if you support their mission and vision statements
In given question statement "you will be a better fit for a company if you support their mission and vision statements" is correct.
What does "company" mean?A company is a legal body created by a group of people to manage a commercial or industrial venture. Depending on the corporate legislation of its jurisdiction, a business may be set up in a variety of ways for tax and financial liability purposes. Stephen Sondheim wrote the music and lyrics for the musical Company, while George Furth wrote the book. The original 1970 production was nominated for a record-breaking 14 Tony Awards and took home six of them. Company was written in a non-chronological, linear approach.
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Preferred risk policies with reduced premiums are issued by insurance companies because the insured has?
A. a higher face amount than average
B. a better ability to pay premiums over a long period of time
C. worse than average mortality or morbidity experience
D. better than average mortality or morbidity experience
Option D is correct. Insurance companies issue priority risk insurance at reduced premiums because the insured has a higher than average mortality or morbidity rate.
An insurance risk class is a group of individuals or companies with similar characteristics that are used to claim the risks associated with purchasing new insurance and premiums. Determining an insurance risk class is an important part of an insurance company's underwriting process.
An insurance risk class is how an insurance company underwrites policy based on membership in a particular risk group.
People in each risk group generally share similar characteristics that help insurers better assess the likelihood of a policyholder's claims. Higher risk groups pay higher premiums. For example, sick people, elderly people, or poor drivers.
No two people are exactly alike, but many share similarities that make the classification possible. Insurance companies need to know that taking out new policies for new customers and businesses can be profitable. After all, it's not a good idea to buy new insurance for hundreds of dollars a year if policyholders end up claiming thousands of dollars.
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smith, who has $10,000, receives an extra dollar, as does jones, who has $100,000. smith receives more utility from the extra dollar than does jones. this is an example of group of answer choices an interpersonal utility comparison. the law of diminishing marginal utility. the diamond-water paradox. a and b
Jones, who has $100,000, and Smith, who has $10,000, both get an extra dollar. The extra dollar benefits Smith more than Jones does. An interpersonal utility comparison is demonstrated here.
Is comparing interpersonal utility a requirement?Here, it will be assumed that comparing people's utility to one another has no value and that comparing people's wellbeing to how easily their utility can be measured is completely meaningless.
Comparing interpersonal utility involves making moral judgements about how society should function or, if one of the parties makes the comparison, making self-serving claims. As a result, it is impossible to compare the scientific utility of various people.
Who advocated for comparing people's utility levels?Edgeworth improved the utilitarian theory that, as a result, issues pertaining to society welfare require interpersonal comparisons. He was also one of the first economists to stress the need for comparability in order to address the taxation issue.
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concept testing presents a small sample of potential buyers within a trial version of the new product to determine their initial reaction.T/F
False. Concept testing does not presents a small sample of potential buyers within a trial version of the new product to determine their initial reaction.
Concept testing is the method of gauging consumer approval of a new product prior to the release of a product on the market utilizing surveys and occasionally qualitative methodologies. It's crucial to avoid mixing up concept testing with brand testing, advertising testing, and package testing, as is occasionally done. Without the trimmings and puffery typical of advertising, concept testing concentrates on the core concept of the product. Concept testing occurs during the concept generating stage of the new product development process. Concept testing's concept creation phase includes a variety of options. Concepts might occasionally emerge accidentally as a result of technical advancements. Concept generation can also be intentional, as in brainstorming sessions, problem-spotting surveys, and qualitative research. While qualitative research can shed light on a variety of consumer reactions, it is better to leave quantitative concept-test surveys to predict the likelihood that a new idea will succeed.
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Examine the photo below that is used to tell a news story. What category of photography could this photo be classified as?
A. tonalism
B. photojournalism
C. photo secession
D. straight photography
The category of photography that this phot can be classified part of is B. photojournalism
What is photojournalism?The dissemination of news using images is referred to as photojournalism. As well as online news sources and microblogging websites, these photos frequently appear in print publications including newspapers and magazines. A picture can quickly improve the story that a news item conveys to its viewers and is said to be worth 1,000 words.
A professional who uses images rather than words to tell tales is known as a photojournalist. They capture images and edit them so they can be arranged to convey events. The subjects that photojournalists cover can range from occurrences or problems in their own local areas to instability in other countries.
This photo is therefore under the category of photojournalism.
Find out more on photojournalism at https://brainly.com/question/20889963
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Answer: photojurnalism
Explanation:
