Contrasted and more-developed countries, the genuine assertion about less developed countries is: A higher percentage of the workforce participates in food creation.
A developed country is a sovereign state or country that has a better of life, a developed economy, and a high-level innovative framework compared with other less industrialized countries.
In developed countries, motorized techniques are utilized underway. However, contrasted with a less developed country, a higher level of the populace took part in food creation.
In the event that somebody has no influence or cash help, there is a more outlandish possibility of having an effect with respect to the issue.
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a company can manufacture a product using hand tools. tools will cost $1,000, and the manufacturing cost per unit will be $1.50. as an alternative, an automated system will cost $15,000 with a manufacturing cost per unit of $0.50. with an anticipated annual volume of 5,000 units and neglecting interest, the payback period (years) to invest in the automated system is most nearly:
The payback period to invest in the automated system is 3 years.
To calculate the payback period, we need to find out how long it will take for the savings from the automated system to pay for the initial investment of $15,000.
The savings per unit using the automated system is:
$1.50 - $0.50 = $1.00
So the total annual savings will be:
5,000 units x $1.00/unit = $5,000
The payback period is:
$15,000 / $5,000 = 3 years
Therefore, the payback period to invest in the automated system is 3 years.
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What is one major advantage of creating a division of labor in a business?
A. Employees are encouraged to become more self-sufficient.
B. Employees have fewer opportunity costs for switching careers.
C. Employees do not need to spend time learning multiple jobs.
D. Employees have fewer reasons to conduct voluntary exchange.
The one major advantage of creating a division of labor in a business is that the employees are encouraged to become more self-sufficient.
What is the division of labor?The division of labor is defined as the division of a work procedure in the business organizations into several tasks, each of which is performed by a different person or group of people.
It is one of the nucleus organizational rules of the assembly line and is most typically used to systems of mass manufacturing.
The advantage of this concept in the business is that the labors become more efficient in a particular activity as doing the common task again and again.
One important benefit of establishing a labor division in a company is that employees are encouraged to become more self-sufficient.
Therefore, option A is correct.
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Amber showed up to the conference room five minutes before her presentation, which was to begin at 2 P.M. This was the first time she had been to conference room #9, and she assumed that it had a projector. Unfortunately, it didn't. After noticing this fact, she rushed to an adjacent room to borrow one. She was able to do so, and finished setting up her equipment at 2:15. She had to borrow a laptop as well, since the room did not have a computer. 1. Think carefully about what happened to Amber's presentation. In your estimation, what was her first mistake?
Answer:
She should have come earlier so that she could prepare for her presentation, and if she knew she needed specific equipment then she should have asked someone if the room had it.
Explanation:
So basically just not coming early and prepared.
Companies striving for global market leadership pursue strategic alliances or collaborative partnerships with foreign companies in order toMultiple Choicerevamp the global industry value chain, raise needed financial capital from foreign banks, and wage price wars against foreign competitors.exercise better control over efforts to revamp the global industry value chain and combat the bargaining power of foreign suppliers.exercise better control over efforts to revamp the global industry value chain, insulate a company from the impact of the five competitive forces, and use the brand names of their partners to make sales to foreign buyers.increase the bargaining power of foreign suppliers and help defend against the competitive threat of substitute products produced by foreign rivals.get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
Answer:
get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Some examples of international economic organizations involved in global economy and trade are;
I. World Trade Organization (WTO).
II. United Nations (UN).
III. International Monetary Fund (IMF).
IV. United Nations Conference on Trade and Development (UNCTAD).
When a company or business firm strive for global market leadership, its main focus would be to pursue strategic alliances or collaborative partnerships with foreign companies. This would enable it get into critical country markets quickly and effectively, it would also gain an inside knowledge and understanding about unfamiliar markets, consumer demographics and cultures, as well as getting hold of valuable skills and competencies that are concentrated in specific geographic locations in the world.
Describe how consumers demand affects the economy
Answer:
Consumers help determine what goods and services will be produced through their purchasing decisions. I think :)
Explanation:
Gossip occurs when Jen and Kathy talk about _______. A. Their coworker Ted. B. The upcoming World Series. C. Their favorite TV show d. The clothes they will wear to a party.
Gossip occurs when Jen and Kathy talk about their coworker Ted.
What is a Gossip?
A Gossip can be regarded as the practice usually found in the society and organization which involves talking about someone behind him or her.
It involves a friend saying something else about co workers and this can cause problem in the organization.
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Gossip occurs when Jen and Kathy talk about their coworker Ted.
The correct option is (A).
What is Single All The Way?Single all the way is a Netflix-based Canadian romance comedy.
This is based on gay romance. The character has to answer his family's questions about being single because his family doesn't know that he is gay.
Thus, the correct option is (A) Their coworker Ted.
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why does producer surplus exist?some producers are willing to produce at a price that is below the equilibrium price.
Producer surplus exists when producers can sell goods at a price above their cost of production, earning a profit. It indicates profitability, encourages investment, and fosters economic growth.
Producer surplus exists because some producers are willing to produce at a price that is below the equilibrium price. The equilibrium price is the market price where the demand for goods and services is equal to the supply of goods and services. Producers who can produce goods at a lower cost than the equilibrium price can sell their goods at a price that is above their cost of production and earn a surplus, which is the difference between the price they receive and the cost of production.Producer surplus is the difference between the amount a producer is willing to accept for a good or service and the amount they actually receive. Producers who can produce goods at a lower cost than the equilibrium price can sell their goods at a price that is above their cost of production and earn a surplus, which is the difference between the price they receive and the cost of production.Producer surplus is important because it indicates the level of profits that producers can earn from their production activities. When there is a producer surplus in a market, it means that producers are able to earn a profit from their production activities. The existence of producer surplus can also encourage producers to increase their output and invest in new technologies and processes, which can lead to further economic growth.For more questions on economic growth
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A precisely measured volume of 250.0 mL of a saturated NaCl(aq) solution at room temperature is heated to
evaporate the solvent and crystallize the solute.
The mass of the dry solute is measured to be 87.9 g.
What is the solubility of the sodium chloride solution?
Answer:
0.3516 g/mL
Explanation:
Solubility = Mass of dry solute/ Volume of aqueous solution
= 87.9g / 250 ml
= 0.3516 g/mL
The solubility of NaCl is 0.3516/g/L.
What is Solubility?Solubility is the amount of solute that can be dissolved in a solution at a fixed temperature.
It is given by :
Solubility = Mass of solute/ Volume of aqueous solution
The volume of the solution is 250 ml.
The mass of the solute is 87.9 gm
The solubility = 87.9 / 250 = 0.3516 g/L
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Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
unit price times quantity sold equals blank . multiple choice question. total revenue the break-even point total profit total variable cost
Unit price times quantity sold equals total revenue. Given the cost of production, unit sales assist in determining the ideal price point for a product. Various accounting periods, such as monthly, quarterly, or yearly, are analysed when examining unit sales.
By dividing the estimated number of units to be sold by the unit selling price, a corporation can calculate future unit sales. In Panel (a), the intersection of the demand and supply curves yields the equilibrium price for a firm operating in a completely competitive market. Simply adding the supply curves of various enterprises yields the market supply curve. The portions of those marginal cost curves that are higher than the average variable cost curves make up those, in turn.
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What is the best way to encourage customers to come back to your site?
A.Stalk them.
B.Use direct mail.
C.Post viral videos.
D.Treat them like they're special.
Answer:
D because they will feel like they are being cared about and will come back
A standard is a:??????
Answer:
b
Explanation:
B is right no doubt about it
A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a corporation and the employee who handled the job is a partner. If the sole proprietorship is a corporation and its employee poisons the cake, then who is liable?
Only the employee who poisoned the cake is liable.
Only the employee who poisoned the cake is liable.
Only the sole proprietorship is liable.
Only the sole proprietorship is liable.
The corporation is liable.
The corporation is liable.
Only the partner is liable.
If the sole proprietorship is a corporation and its employee poisons the cake, then only the sole proprietorship is liable. The second option is correct.
A sole proprietorship, also known as a sole tradership, individual entrepreneurship, or proprietorship, is a type of business owned and operated by a single person with no legal distinction between the owner and the business organisation. A sole trader does not always work alone and may hire others.
The solo trader receives all profits and is personally liable for any losses and debts. Every asset of the business is owned by the proprietor, as are all obligations of the business; the business is not a separate legal entity.
Thus, the sole trader is the only owner of the business he is liable for any action of his employees.
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The following are tools/techniques in managing quality except -----------------
Data gathering
Customer needs analysis
Audits
Flow charting
Root Cause Analys
Root Cause Analysis is the process of identifying the underlying causes of a problem or nonconformity. While it is a valuable technique for identifying and resolving issues, it is not specifically categorized as a tool or technique in managing quality.
In quality management, various tools and techniques are employed to ensure that products or services meet or exceed customer expectations. Data gathering involves collecting and analyzing relevant information to make informed decisions and improvements.
Customer needs analysis helps understand customer requirements and preferences to align products or services accordingly. Audits are systematic evaluations conducted to assess compliance with quality standards and identify areas for improvement.
Flow charting is a visual representation of processes, helping to identify bottlenecks and optimize workflow. However, root cause analysis goes a step further by investigating the fundamental reasons behind problems or failures. It aims to determine the underlying factors contributing to an issue to implement effective corrective actions. While root cause analysis is an important aspect of quality management, it is not explicitly mentioned as one of the tools or techniques provided in the given options.
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which microbes is used to extract ethanol from fruit juice and sugar molasses ·
Answer:
Yeast
Explanation:
A microbe (microorganism) is a microscopic organism which either exist in its single-celled form or as colony of cells. Example of microbes are bacteria, archaea, algae, protozoa.
Yeast is a microbe used in the extraction of ethanol from fruit juices and sugar molasses. Saccharomyces cerevisiae is a specie of yeast which reacts with fruit juices and sugar molasses in the absence of Oxygen to produce ethanol and carbon dioxide.
Jose and Juanita are buying their first home. They want a low interest rate on loans, and they want to deal with someone local and personal
who will help them with the loan process.
O b) credit union
d) internet bank
O c) savings and loan association
O a) bank
Answer:
savings and loan association
Directions: For the following problems, compute (a) total installment price, (b) amount of finance charge, and (c) annual percentage rate. Use Figure 18.4 in your textbook as an example.
1. Cash price is $500. After ma price is $910, with a down payment of $100. Balance due in 24 equal payments of $40
The total installment price is sum of the cash price and the finance charge which comes to $960.
What is finance charge?A finance charge refers to cost of borrowing money from lender. It includes interest charges, fees, and other costs associated with a loan or credit account. When a borrower takes out a loan, the lender charges a fee for the use of the funds, and this fee is added to the amount owed. For credit accounts, finance charges are applied when a balance is carried over from month to month, and interest is charged on the outstanding balance. Finance charges can vary depending on the type of loan, the interest rate, the amount borrowed, and the repayment terms. It is important to understand the finance charges associated with a loan or credit account, as they can significantly impact the total cost of borrowing.
Total installment price = Cash price + Finance charge
Cash price = $500
Finance charge = Total amount paid − Cash price
Total amount paid = Monthly payment*Number of payments
Total amount paid = $40*24 = $960
Finance charge = $960 − $500 = $460
Total installment price = Cash price + Finance charge
Total installment price = $500+$460 = $960
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Which of the following controls over cash would an auditor expect to observe?
a.
Checks permanently marked "for deposit only" with the proper routing information.
b.
Internal audits of marketable securities held in the company's lockbox.
c.
Reconciliation of the general ledger to the subsidiary ledger.
d.
Authorization privileges given only to those employees using the accounting system.
As an auditor, there are several controls over cash that I would expect to observe in order to ensure that the company's financial statements are accurate and reliable. The correct option is B.
One control that I would expect to observe is checks permanently marked "for deposit only" with the proper routing information. This control ensures that checks received by the company are properly deposited into the company's bank account and not misappropriated by employees.
Another control that I would expect to observe is internal audits of marketable securities held in the company's lockbox. This control ensures that the marketable securities held by the company are accurately accounted for and that any discrepancies are promptly identified and addressed.
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Suppose you work for a bank and are responsible for determining whether you should give someone credit. Create a list of the top three questions you would
ask prospective borrowers and post them to the discussion board. Make sure to explain why you think these three questions are important in determining
whether or not a potential customer is a good credit risk.
Answer:
-How much money do you need?
-How much income do you make?
-How much debt do you have?
Explanation:
The top three questions that I would ask prospective borrowers are:
-How much money do you need?
This question allows the lender to know the amount of money the borrower requires and this is crucial to make an evaluation with the income and debts to determine if the lender would approve the loan. For example, a borrower may need an amount that he can easily pay back with his salary.
-How much income do you make?
This question is important to the lender because it allows to find out if the borrower's income would allow him/her to make the monthly payments which decreases the risk.
-How much debt do you have?
It is important to know the amount of debt the borrower has because the higher amount of debt he/she has, it would be harder to pay the loan and evaluating this allows to decrease the risk of the borrower not paying back.
which of the following is an example of asynchronous communication? multiple choice meeting with your boss in person to discuss your raise. meeting with a supplier over zoom to discuss new products. speaking with a client over the phone and discussing plans for your joint project. sending your co-worker a message through the company's instant messaging system to verify your next meeting time.
Sending your co-worker a message through the company's instant messaging system to verify your next meeting time is an example of asynchronous communication.
Asynchronous communication refers to communication methods that do not require immediate or real-time interaction between participants. In this example, sending a message through the company's instant messaging system allows for flexibility in terms of when the co-worker can respond. It does not require both parties to be available simultaneously, unlike a face-to-face meeting or a real-time video conference. The message can be sent at one time, and the co-worker can respond whenever they have the opportunity. This type of communication is often used when participants are in different time zones or have varying schedules, providing convenience and flexibility in exchanging information.
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Bob received an inheritance of $7000. He puts part of it in a tax shelter paying 4% interest, the rest in a bank paying at 25 . Find the amount he invested in each account if the total annual interest income is $170.
Bob invested $38,125 in a tax shelter that pays 4% interest and $3,875 in a bank that pays 2.5% interest.
Let the amount invested in a tax shelter that pays 4% interest be x. The amount invested in a bank that pays 2.5% interest is 7000 - x. The total annual interest income is $170.Now, we need to form an equation based on the given information. According to the question, The sum of the interest received from both investments is $170, and we can express it as an equation.
4% interest earned on x + 2.5% interest earned on (7000 - x) = $1700.04x + 0.025(7000 - x) = 1700.04x + 175 - 0.025x = 1700.015x = 1525x = 1525 / 0.04x = $38,125, which is the amount that was invested in the tax shelter that pays 4% interest. Now, to find the amount invested in the bank that pays 2.5% interest, we'll need to subtract $38,125 from $7000.$7000 - $38,125 = $3,875.So, Bob invested $38,125 in a tax shelter that pays 4% interest and $3,875 in a bank that pays 2.5% interest.
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Which type of savings plan offers the lowest interest rate?

A.
Checking account

B.
Money market account

C.
Savings account

D.
Certificate of deposit
If a lender tells a prospective buyer that her back-end number cannot exceed 40% and her income is $4,000 per month, what are her maximum bills she is allowed:
When a lender tells a prospective buyer that her back-end number cannot exceed 40%, it means that the total amount of debt payments she has, including her mortgage payment, cannot exceed 40% of her monthly income.
In this case, if the buyer's monthly income is $4,000, her maximum bills should not exceed $1,600.
To calculate the maximum bills allowed, we need to multiply the buyer's monthly income by 40% (or 0.4). Therefore, 4,000 x 0.4 = 1,600.
This means that the total amount of debt payments she has, including her mortgage payment, should not exceed $1,600.
It's important to note that this is just a general guideline and every lender has their own criteria for determining how much they are willing to lend.
Additionally, the buyer's credit score, employment history, and other financial factors may also be considered when determining how much they are able to borrow.
Therefore, it's important to speak with a lender directly to get a more accurate estimate of what your maximum bills should be.
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two difference between purchasing shares on the stock market and saving in a commercial bank
The main difference between investment banking and commercial banking is that investment banking typically deals with purchasing and selling bonds and stocks for companies , and also helping them issue IPOs , while commercial banks primarily deal with deposits or loans for companies or individuals .
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Commercial banks accept deposits, make loans, protect assets, and serve a wide range of customers, including the general public and businesses. In contrast, investment banks serve large corporations and institutional investors.
What commercial bank means?A commercial bank is a financial institution that accepts deposits from customers and provides loans and other services. Commercial banks offer basic banking services to their customers as well as small and medium-sized businesses.
One of the primary functions of an investment bank is to act as a go-between for corporations and investors via initial public offerings (IPOs). When a company decides to go public and seeks equity funding, investment banks offer underwriting services for new stock issues.
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Insurance: An insurance company sells a 1 -year term life insurance policy to an 83 -year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 83 -year-old Noman will be ative 1 year later is 0,9561 . Let X be the profit made by the insurance company. Part: 0/2 Part 1 of 2 (a) Find the probability distribution, The probability distribution is
Given,An insurance company sells a 1-year term life insurance policy to an 83-year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. Let X be the profit made by the insurance company.
The profit made by the insurance company X is equal to the difference between the premium collected and the payout made.Profit (X) = Payout - Premium collectedNow, we need to find the probability distribution of profit made by the insurance company in one year, which is a random variable, given that the probability that an 83-year-old woman will be alive after one year is 0.9561.Let us calculate the probability of the woman's death in one year.
The probability of the woman's death in one year is given by:P(death in one year) = 1 - P(survival in one year)= 1 - 0.9561= 0.0439Using the probability of the woman's death, we can construct the following probability distribution table for profit: Where, if the woman dies, the profit of the insurance company will be $86,000. And if the woman survives, the profit of the insurance company will be -$4000.Profit X Probability$86,000 0.0439-$4,000 0.9561Thus, the probability distribution of profit made by the insurance company is as follows:Probability distribution of profit:Profit X Probability$86,000 0.0439-$4,000 0.9561Therefore, the probability distribution is:Profit X Probability$86,000 0.0439-$4,000 0.9561
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what is the main difference between make-to-order and make-to-stock systems
The main difference between make-to-order and make-to-stock systems is the timing of production in relation to customer demand.
In a make-to-order system, products are only produced once an order has been received from a customer. The production process is initiated after the order is placed, and the product is made specifically for the customer. This approach allows for customization of products, as they are made to meet specific customer requirements.
Make-to-order systems typically have longer lead times and higher costs per unit, but lower inventory holding costs, as products are not made until they are ordered.
On the other hand, in a make-to-stock system, products are produced in advance and held in inventory until they are sold. The production process is based on forecasted demand, and products are made in large quantities in anticipation of future sales.
This approach allows for faster delivery times and lower production costs per unit, but higher inventory holding costs, as products are made in advance and held in inventory until they are sold.
Overall, the choice between make-to-order and make-to-stock systems depends on factors such as product demand, customer requirements, production costs, and inventory holding costs.
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100 points please help. let’s say eur/usd is trading at=1.1872. So if I have a forex account worth 100$ and I use a leverage of 1:100 I have 10000$ of buying power so if buy a mini lot of eur/usd. Do I only need to pay 10k or the quote price which would be 11872$ that I need to pay?
Answer:
With 100:1 leverage a trader can open a position 100 times greater than they could without leverage. For example, if the cost to purchase . 01 lots of EUR/USD is normally $1000 and the broker offers 100:1 leverage, then the trader must put up only $10 as margin.
Explanation:
what is true about taxes?
a. most citizens want to pay the highest amount possible?
b. Taxes benefit the government, but they do not benefit the citizens.
c. Traces benefit the citizens, but they do not benefit the government.
d. The tax money comes out of the citizens income and overall wealth
Answer: D) the tax money comes out of the citizen’s earned income and overall wealth.
Explanation:
Just took the test.
If the quantity demanded is greater than the quantity supplied, what will happen to the price?
A. Go up
B. Go up then down
C. Go down
D. Remain the same
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation: