A company's triple bottom line represents aspects profit planet, people privacy and production.
What is production?Several material and immaterial inputs are integrated during the production process to produce something that is intended for consumption. It involves creating an output, a good or service that has value and improves the utility of individuals.
Production, in a manufacturing process, is the process of changing raw materials or inputs into finished objects or products. In other words, it describes the process of building something from nothing. A good example of production is the creation of furniture. One instance of production is gathering corn for human consumption. An example of production is the amount of grain produced.
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The practice of selling a product in foreign countries for a lower price than the good is sold for in the producing country is called?
The practice of selling a product in foreign countries for a lower price than the good is sold for in the producing country is called dumping
This is further explained below.
What is the product?Generally, The thing that is being put up for sale is referred to as the product.
A product could refer to either an item or a service. It may take the shape of anything tangible, virtual, or cyber.
Every item has a price tag attached to it since it must be paid for during production.
The price that may be asked for anything is contingent on a number of factors, including the market, the quality, the marketing, and the demographic that is being targeted.
In conclusion, The act of selling a product in other nations at a price that is lower than the price at which the item is offered in the country that produces the good is referred to as dumping.
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What kind of economic system has the same wages for workers regardless of individual productivity?
Command and socialist economic system has the same wages for workers regardless of individual productivity.
Command economic system has majority of the production factors which are are held by the government. The economy is managed by central planners. A historical example is the manor life in mediaeval Europe. Land and security were given by the manor lords. According to the orders of the lords, the vassals performed tasks as servants or soldiers. The government controls production, prices, and distribution in the contemporary command economy.
Socialist system has the majority of the production factors, including land and capital goods, are owned and under the jurisdiction of the state. Additionally, the state uses central planning. The state maintains centralised control over the production of products and services, as well as their prices and distribution. In a nation with a strictly socialist economic system, people will struggle to launch a firm.
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Which grand strategy is more likely to support long-term deployments of american troops overseas?
a. isolationism
b. offshore balancing
c. selective engagement
Grand strategy is more likely to support long-term deployments of American troops overseas selective engagement, Therefore, the correct option is C
What is Grand Strategy?
Grand strategy, also known as high strategy, is a state's plan on how to employ resources to further and realise national interests. The choice of the principal versus secondary theatres of war, the allocation of resources among the various services, the broad sorts of armaments manufacturing to prioritise, and which international alliances best serve national interests are examples of grand strategy issues. Grand strategy, which has a great deal in common with foreign policy, is largely concerned with how a policy will affect the military. Grand strategy is often directed by the political elite of a nation with advice from the highest ranking military personnel. The creation of a country's grand plan may take several years or even several generations. While the idea that only big powers can have grand plans predominates the grand strategy literature, some academics contend that medium powers and even small states can have grand strategies.
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Highly suspect corporation has current liabilities of $424,000, a quick ratio of 1.30, inventory turnover of 4.40, and a current ratio of 3.20. what is the cost of goods sold for the company?
$3,115,770 is the cost of goods sold for the company.
What are goods ?In economics, "goods" are things that fulfill human needs and provide utility, such as to a customer buying a fulfilling product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished.
When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.
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Supply is defined as the _____ over a particular time period at various prices, holding all other relevant factors constant.
Supply is defined as the maximum amount of a product that sellers are willing and able to provide sale over some time period at various prices, holding all other relevant factors constant.
What is supply?Supply is the total amount of goods or services that a seller or producer is willing and able to sell at various prices. In line with the law of supply, it is expected that there would be a positive relationship between price and supply.
This means that as price increases, the supply increases. When price declines, the supply decreases. This is the reason why the supply curve slopes upward.
Here is the complete question:
Supply is defined as: al the minimum amount of a product that sellers are willing and able to provide a) for sale over some time period at various prices, holding all other relevant factors constant. the minimum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that sellers are willing and able to provide d) for sale over some time period at various prices, holding all other relevant factors constant.
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An advantage that bureaucrats in federal government have over the president in the policymaking process is that bureaucrats.
The correct answer is option 3. They usually have a continuity of service in the executive branch that the President lacks.
The federal bureaucracy is the creation of Congress and the president. However, agencies autonomously set policy and exercise power. They legislate through rulemaking, carry out their missions through implementation, and resolve conflicts by listening to grievances, pursuing cases, and making decisions.
When formulating policies, bureaucrats have one major advantage over the president: They typically have a continuity of service in the Executive branch that the President does not.
The modern bureaucracy has several benefits, including:
It is relatively shielded from the whims of the President, and many of its bureaucrats are not appointed by politicians.The majority of bureaucrats are experts in their fields.There are fewer bureaucrats per person in the United States than in other industrialized countries.Red tape is unbiased and might possibly assist maintain fairness.Read more about Bureaucracy:
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An advantage that bureaucrats in the federal government have over the President in the policymaking process is that bureaucrats
1. control the budgetary process
2. have an independence from the President that is guaranteed by the Constitution
3. usually have a continuity of service in the executive branch that the President lacks
5. have better access to the media than the President
A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by _____.
A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by $100,000
This is further explained below.
What is a balance sheet?Generally, A balance sheet is a snapshot of an individual's personal or organization's financial balances.
It does not matter if the person or company is a sole proprietor, the main contract, a corporate entity, a limited liability company, or another type of organization such as an authority or otherwise entity; a balance sheet will contain this information.
In conclusion, According to a pro forma balance statement, the total assets will grow by $300,000. If there is to be no change in the debt-equity ratio of 0.5, then the debt level must rise by $100,000.
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The skills a student learns while studying are transferable to many careers.
OA. True
OB.False
Transferable skills are the skills that a person can use and carry from one job to the next job. The skills a student learns while studying are transferable to many careers. This statement is TRUE.
What are Transferable skills?
Competencies that a person can utilize and carry from one profession to another are known as transferable skills. They consist of teamwork, organization, punctuality, flexibility, and communication skills.
An increasing number of organizations are looking for candidates with strong transferable skills to join their technical team. Candidates with transferable skills are quick and independent. Giving students the knowledge and skills that are applicable outside of the classroom will thereby position them for higher job success.
Candidates for any position should think about how valuable transferable skills are to their employers. These less tangible skills, which are inextricably linked to a profession, aid a candidate in demonstrating his level of education.
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Days is the only time unit a firm can use to measure inventory in terms of supply. True or false
Days are the only time unit a company can use to measure inventory in terms of supply. false
Which process metric is equal to days of supply?The Inventory Days of Supply metric is an efficiency ratio that's usually understood as Days in Inventory, the Inventory Period, or Days Inventory Outstanding. It is used to measure the intermediate time – in days – it takes for a business to sell its entire inventory.
Inventory days of collection refer to an efficiency ratio measuring the average amount of time in days that a firm or warehouse keeps inventory before selling or shipping it.
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If the contribution margin ratio is 50%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?
If the target operating income is $30,000, the contribution margin ratio is 50%, and $300,000 in sales revenue is required to reach the target operating income.
S- VC= CM - FC = P
.52(300,000) - FC = $30,000
150,000 - FC = $30,000
120,000 FC (150 000 - 30,000) represents the total fixed costs.
Defined Fixed Expenses
Making accurate financial budgets with the aid of cost and expense calculations.
Any expense that is constant throughout time, such as rent or mortgage payments, utility bills, and loan payments, is referred to as a fixed expense. Although the amounts may vary slightly—as with utilities—you are aware that they are regularly due.
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What are the steps needed to reformulate a traditional balance sheet to calculate invested capital?
According to the Question,
The invested capital is not provided by a typical balance sheet, thus it must be reformed in the manner shown below.
Add up every asset, including current and fixed assets as well as intangibles.Subtract operational obligationsThe invested capital is the net balance. The formula Assets = Liabilities + Equity serves as the foundation for the conventional income statement model. Long-term and short-term liabilities make up the liabilities.Alternatively,
To obtain net working capital, add current assets and subtract operational liabilities.Include intangibles and other fixed assets.The entire amount is invested capital.To Learn more about Invested Capital, Click the links.
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governments and nonprofit entities are similar in many ways. which of the following statements is not true?
The statement is true. Governments and nonprofit entities are similar in some ways.
Government organization surpass government and have a service motive. Where as Non-profit organization even have service motive to produce best servicers to each people. These both organization have a transparent no profit motive. Similarities in both the organizations are
Neither governments nor nonprofit entities have a profit motive. Both governments and nonprofit entities provide services. Both governments and nonprofit entities assess taxes. Both governments and nonprofit entities often report restricted resources.Therefor the statement is true that government and Non-profit organizations are similar in some ways.
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During the vote for their leader, how do the boys view each of the following boys? what important leadership qualities do each of the three boys possess?
Leadership Qualities.- Integrity, Delegation, Communication, Self-Awareness
What is Leadership?
An individual, group, or organization's capacity to "lead," influence, or direct other people, teams, or entire organisations is referred to as leadership, both as a scientific field and as a practical talent. It's common to see "leadership" portrayed as a contentious term. Expert literature debates many points of view on the subject, occasionally contrasting Eastern and Western theories of leadership as well as (within the West) North American and European theories. Leadership is "a process of social influence in according to academic environments in the United in which a person might enlist the cooperation and support of others in the fulfilment of a common and ethical aim. Leadership is essentially defined as a powerful relationship in which the influence of one party (the "leader") encourages movement or change in others. Those who support the complex nature of leadership, which is present at all levels of institutions in both formal and informal roles, have contested the more conventional managerial views of leadership (which portray leadership as something that one individual possesses or owns due to their role or authority).
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Staples offers quality customer service and its own brand of products to establish a:________
Staples offers quality customer service and its own brand of products to establish a competitive advantage.
What are the pillars of excellent customer service?The top suppliers base their companies on the following five pillars:
a) Putting people ahead of systems.
b) Paying attention to customers.
c) Caring and going above and above.
d) Employees who feel empowered.
Essentially, the three key components of good customer service "P"s are professionalism, patience, and a people-first mindset. Although every consumer has different expectations, as long as you abide by these rules.
You must welcome consumers and speak to them in a way that is natural and appropriate for the given circumstance if you want to develop strong customer connections. Demonstrate to them that you are aware of their demands.
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Suppose the value of income elasticity of demand for a private college education is equal to 1.5. this means that?
Answer:
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suppose the value of income elasticity of demand for a private collage education is equal to 1.5 this means that a. every 1$ increase in income provides an incentive for a $1.50 increase in expenditures on private college education. b. every $1.50 increase in income provides an incentive for a $1 increase in expenditures on private college education. c. a 10% increase in income causes a 15% increase in the quantity of private college education purchased d. a 15% increase in income causes a 10% increase in the quantity of private college education purchased e. a 10% decrease in private college tuition will have a large enough income effect to increase spending on private college education by 15%
A greater focus on underlying customer needs than on existing customer wants leads to marketing myopia.
a. true
b. false
The statement is FALSE. A greater focus on underlying customer needs than on existing customer wants WON'T lead to marketing myopia.
When the management "ignores" (not focus on) underlying consumer needs and concentrate exclusively on existing wants, marketers are described as having marketing myopia. Marketing myopia can also result from just concentrating only on the company's products.
The management should prioritize increasing the effectiveness of production and distribution. One of the earliest selling orientations is this idea and in some circumstances, this production philosophy is still very helpful to this day.
The majority of marketing strategies place a strong emphasis on product quality and improvement. Marketing myopia, on the other hand, might result from concentrating solely on items.
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One of the widely acknowledged problems with using the consumer price index as a measure of the cost of living is that the cpi.
One of the widely-acknowledged problems with the consumer price index (CPI) as a measure of the cost of living is that the CPI: that it fails to account for the introduction of new goods.
Households are very different and a few may spend plenty more on certain items than others. The CPI overstates the burden of inflation on households because households can substitute cheaper goods for costlier goods when prices increase. The CPI understates the particular burden of inflation because the worth changes are thanks to quality improvements.
The most important problems with CPI include substitution bias, new items added to the basket of products, and quality changes in goods. Economists often recognize these issues and try to explain or remove these problems from the computation.
For example, the CPI-U is intended to raise inflation for the U.S. urban population and thus might not accurately reflect the experience of individuals living in rural areas. The CPI doesn't produce official estimates for the speed of inflation experienced by subgroups of the population, like the elderly or the poor.
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Occasionally, _________________ may lead to pure monopoly; in other market conditions, they may limit competition _________________ . group of answer choices
Occasionally, barriers to entry may lead to pure monopoly; in other market conditions, they may limit competition to a few oligopoly firms
Do barriers to entry exist in a pure monopoly?Due to entrance restrictions that deter prospective rivals, firms acquire monopolistic power. Barriers to entry, or conditions that make it difficult or impossible for potential competitors to participate in the market, give monopolies their market strength.
The four main elements of monopoly are: (1) a single business controlling the entire output of a market; (2) a distinctive product; (3) barriers to admission and departure from the industry; and, frequently (4) specialised knowledge about production methods that are not available to other potential producers.
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In a dbr system, the mechanism that controls the rate at which the bottleneck dictates the throughput of the entire plant is called the.
In a DBR system, the mechanism that controls the speed at which the bottleneck dictates the throughput of the entire plant is called the rope.
the DBR system also referred to as the Drum- Buffer -Rope is the theory of constraints organizing process mainly focused on increasing flow by leveraging and identifying the system constraints.It was used in Dr. Goldratt's The Goal to narrate a story of a plant manager. Here the drum is that the constraint, and therefore the capacity constrained resource, which limits the output, whereas the buffer out here is that the measure in time, is that the measure for the amount of work done in time, where the quantity of work is controlled by the rope. The Rope is that the way we control the release of the work , if the constraints set the pace, the drum beat for the full operation, after whihc the work is released at the speed so the constraints can consume it, which in simple words are often said the Rope buffers drum.
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Differential cost is blank______. multiple choice question. the same as opportunity cost
Differential cost is also called the incremental cost. The overall expense incurred as a result of producing an extra unit of a product is known as an incremental cost. The cost of an incremental unit of production is calculated by examining the additional costs incurred during the production process, such as raw materials.
Knowledge of Incremental CostSince incremental costs are the expenses spent while producing an additional unit, they wouldn't exist if production stayed the same. Typically, incremental costs are less expensive to manufacture than unit average costs. Variable costs, or costs that vary with production levels, are always a part of incremental costs. Incremental expenses could consist of the following:
Raw materials, including stockUtilities, such the extra electricity required to power the apparatusWages or production-only direct labor, not including indirect laborPacking and shippingTo know more about " Incremental Cost" , visit : https://brainly.com/question/25811981
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If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company (mark all that apply):
If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company Imitate the winning tactics of competitors.
What is sustainable competitive advantage?A group of resources, traits, or skills that enable an organization to outperform its rivals in satisfying the needs of its customers are known as sustainable competitive advantages. Competitive advantages that last over time are challenging to imitate or replicate.
What do we excel at in our market? is answered by sustainable competitive advantages.
The solution generates a collection of 1-2 long-lasting, distinctive strengths that a customer values.
What you, your business, or your department do better than anyone else constitutes your competitive advantage. The term "sustainable" refers to your capacity to carry out those actions over an extended period of time. And yes, you can acquire advantages as well as have multiple advantages. You don't have to own them all right away, though.
Thus, following the winning strategies of competitors can surely be beneficial.
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Both china and india have achieved high growth rates despite relatively weak property rights regimes and high levels of corruption, because of?
Because of the two-way relationship between growth and inequality, both China and India have seen rapid economic growth despite having weak property rights laws and significant levels of corruption.
What does this mean?
It is impossible to establish whether such proportional development was conceivable because of the intricate, two-way interaction between inequality and growth. Even then, it might have come at the expense of faster growth. The reduction in poverty may have been less than the high but relatively uneven growth experiences of each country if the growth rate had sufficiently slowed.
Income inequality does not appear to affect the growth opportunities after controlling for starting asset inequality, including that of land and education.
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An enterprise resource planning system integrates all functions of the enterprise. true false
It is a true statement that the enterprise Resource Planning system integrates all business processes and functions into a single software system, using a single database.
What is an enterprise resource planning system?
This system involves the processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management etc. At its most basic level, the enterprise resource planning system software integrates these various functions into one complete system to streamline processes and information across the entire organization.
The ERP system components are:
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Answer: True
Explanation:
firms 1 and 2 compete in a cournot duopoly. if firm 2 adopts a strategy that raises firm 1's marginal cost, multiple choice firm 1 will increase its output. firm 1 will not increase its output nor enjoy higher profits nor will firm 2 lose market share. firm 1 will enjoy higher profits. firm 2 will lose market share.
Firm 1 will reduce its output.
Cournot duopoly is also known as Cournot competition
It is a model of imperfect competition in which two firms with identical cost functions compete with homogeneous products in a static setting.
It was created by Antoine A. Cournot in his “Researches Into the Mathematical principles of the Theory of Wealth” in 1838. Cournot duopoly represented the making of the study of oligopolies, particularly the duopolies, and it also expanded the analysis of market structures which, until then concentrated on the extremes of it as perfect competition and monopolies.
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The value that real estate appraisers generally estimate is market value which is synonymous to?
The value that real estate appraisers generally estimate is a market value which is synonymous with the most probable selling price.
The selling price of a good or service is the final cost to the seller or what the buyer actually pays. A commodity or service in a specific amount, weight, or measurement can be exchanged.
The selling price is one of the most crucial things for a business to decide. It is significant since it determines whether or not it will survive. Its price directly impacts sales of a product. That price might be set at a minimum, maximum, or average of the two.
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The settlement date between the options clearing coporation and the clearing firm for otpions transactions is?
The settlement date between the Options Clearing Corporation and a clearing member is one business from the trade date for options transactions.
What do you mean of trade?
Trade means to the exchange of goods or services between economic sectors. Though transactions are consensual, trade is generally recognize to profit both parties. In finance, trading generally means to the purchase and sale of securities or other assets.
How trade is important?
Trade is central to ending global poverty. Countries that are open to international trade tend to grow better, innovate, enhance productivity and provide higher income and more opportunities to their people. Open trade also provide lower-income households by providing consumers more affordable goods and services.
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What discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders?
The innovator's dilemma discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders.
What is innovator's dilemma?Clayton Christensen, a Harvard professor and entrepreneur, is best known for his 1997 book The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. It develops the idea of disruptive technologies, which he first used in the article Disruptive Technologies: Catching the Wave from 1995.
It describes how large incumbent companies lose market share by paying attention to their customers and offering products that seem to be of the highest value, whereas new companies that serve low-value customers with underdeveloped technology can improve that technology gradually until it is good enough to quickly take market share from established businesses.
To avoid being surprised and surpassed by upstart competitors, Christensen advises established organizations to create lean, agile departments that try to duplicate this phenomenon within.
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The flow rate for a process should be greater than the demand rate. True or false
The statement is False because, the flow rate must not be higher than the demand rate. 26. The process is confined if the capacity is 100 units per hour and the consumers' demand is 80 units per hour.
What is Flow Unit?
The flow rate or throughput, inventory, and flow time are the three most crucial performance indicators of a business process. The phrase "flow unit" will be utilized frequently in the definitions that follow. The fundamental analytical unit in any given situation is a flow unit (customer, sandwich, phone call etc.).
Flow time, also known as total processing time, is the amount of time a flow unit invests in a business process from start to finish. The flow time is equal to the length of the longest path if there are many paths through the process.
The number of flow units—such as clients, cash, or goods or services produced—that pass through the business process in a given amount of time, such as the number of clients serviced per hour or the number of components manufactured per minute. The flow rate is typically average.
Inventory is the total number of flow units that a business operation is currently handling, such as the total number of customers in a store or students enrolled in a university.
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The potential for gains from the rearrangement of production among countries is due to.
The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.
What is Diffrering opportunity Costs?
The cash flow in price formation is the value or benefit forfeited by choosing one work over another. It simply implies that by choosing one profession, you are discontinuing the opportunity to pursue another.
Therefore,
The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.
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The slope value is always the same at every point on a budget line but can be different at various points on a production possibilities frontier.
a. true
b. false
The slope value can vary at different places along a production possibilities frontier, but it is always the same at every point along a budget line.is True.
meaning
In mathematics, slope, also known as gradient, is a term used to describe the steepness and direction of a line or a segment of a line that connects two points. It is typically represented by the symbol m. The absolute value of a line's slope, m, is typically used to determine how steep it is. The line becomes steeper as the value increases. Based on the sign and value of m, one can deduce the direction of the line that m describes:
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