Welfare, in the opinion of free-market economists, was the answer to poverty. regulations that increase factory salaries significant reform movements.
What is the job of an economist?
The production and distribution of resources, goods, and services are studied by economists through data collection and analysis, trend research, and evaluation of economic concerns. For his groundbreaking theories in the areas of free trade and free gross domestic product, Adam Smith is regarded as the founder of economics. For his groundbreaking theories in the areas of free trade and free gross domestic product, Adam Smith is regarded as the founder of economics.
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the escrow instructions in the van horn - simpson transaction are deemed unavailable to the simpsons. if instructions are confidential, and abc escrow is a dual agency representing both parties, why are the instructions only known to the van horns, their real estate agent, and abc escrow?
The escrow instructions in the Van Horn- Simpson sale are nonpublic and only known to the Van Horns, their real estate agent, and ABC Escrow. This is because the escrow instructions are generally only participated with parties directly involved.
In the sale who have a licit need to know the details outlined in the instructions. In this case, the Van Horns are the merchandisers and their real estate agent and ABC Escrow are representing them. The Simpsons as the buyers, aren't entitled to pierce or get involved to the escrow instructions.
Unless specifically granted access by the Van Horns or through legal channels.
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refer to the productivity numbers given for the us and canada in the previous 2 questions. assume that both countries specialize and trade. what is the minimum number of bushels that u.s. producers will be willing to accept in trade for a bushel of the product that it chooses to specialize in?
Each country has the chance to specialize in products where it has a competitive advantage over other countries thanks to trade. Minimum bushels to be traded is 10.
In turn, resource waste is reduced and the production process becomes more effective. As a result, nations are able to produce more than they otherwise might have done without trade. Hence, global output rises as a result of trade.
Because there is currently no global framework for decreasing emissions or promoting sustainability, further globalization is likely to increase greenhouse gas emissions, desertification, and a number of other issues that worsen the climate catastrophe.
Although there are lax laws in place, such as the Paris Accords and the Kyoto Conventions, they are insufficient to counteract unsustainable economic growth.
A person who is a citizen of another nation can obtain US citizenship through the legal process of naturalization after fulfilling the standards set forth by Congress.
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Correct question:
Assume the U.S. can produce 10 bushels of wheat or 20 bushels of corn, using all of its available resources. Canada can produce 15 bushels of wheat or 25 bushels of corn, using all of its available resources. Assume that both countries specialize and trade. What is the minimum number of bushels that u.s. producers will be willing to accept in trade for a bushel of the product that it chooses to specialize in?
total revenues equal $25,700, and total expenses equal $17,500. what is the amount of net income or net loss? a.net income of $8,650 b.net income of $25,700 c.net loss of $8,200 d.net income of $8,200
$25,700 total revenue and $17,500 total expenditures. how much you made or lost as net income $8200 in net income.
How is net income determined on a balance sheet?You deduct taxes, interest, selling and administration costs, cost of goods sold (COGS) (if applicable), depreciation, and amortization from the business's gross revenue to arrive at net income. The sum you arrive at is referred to as the company's net income and is the "net" result of those costs.
Is total revenue minus total expenses equal to net income the method for determining net income?The formula for calculating gross income is the first part of the equation, which is revenue less cost of goods sold. (See our easy tutorial on how to determine cost of goods sold.)
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five years from today, you hope to donate $10,000 to the alumni association. thereafter, you intend for your annual contributions to grow at a rate of 3 percent per year, forever. if you can earn 7 percent per year on your investments, how much must you invest today to fund this donation?
If you can earn 7 percent per year on your investments, $750 must be invested today to fund this donation.
To calculate this, we first need to calculate the future value of the $10,000 donation. 25 years from now, with an annual growth rate of 3%, the donation will be worth $17,497. We can then use the present value of an annuity formula to calculate is the present value of the donation: PV= Fv*(1-(1+r)^-n)/r, where Fv is the future values, r is the interest rate of &%, and n is the number of years (25).
The result is the present value of the donation, which is $7500. therefore, in order to fund the $10,000 donation 35 years from now, $7500 must be invested today .
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this is the o'donnells' monthly budget. living expenses fixed expenses annual expenses income food $467 mortgage $489 home insurance $146 $1720 transportation $175 car payment $107 car insurance $780 household $194 savings $35 life insurance $150 personal $124 contingency $30 vacation $700 what are the total living expenses?
The total living expenses $960.
What are fixed expenses?
Simply said, a fixed expense is one that you can plan on keeping constant or quite comparable over time in your budget. When you get down to make your monthly budget, you don't have to make a wild guess as to how much you'll spend on fixed expenses. These funds from the previous month's budget can simply be carried over.
Including one or more fixed expenditures in your budget makes sense from a planning perspective. Because these expenditures are frequently steady, budgeting becomes more dependable. Utilizing some budgeting strategies, such the 50/20/30 budget or zero-based budgeting, may be made easier as a result.
In addition to being paid roughly on the same day each month, fixed costs may also be paid in a fixed amount.
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24. the desire to fund a project should be based upon a. time savings b. resource constraints c. cost savings d. the value the completed project will provide to an organization. e. none of these
None of these: resource limits, cost savings, or the value the completed project will give to an organization.
What is the distinction between a resource limit and a request?
Limits are defined by Kubernetes as the maximum quantity of a resource that a container can utilize. This implies that the container can never utilize more memory or CPU than is specified. Requests, on the other hand, are the guaranteed minimum quantity of a resource reserved for a container. The maximum total value of all resources in which an individual can have an ownership interest while still qualifying for Medicaid is referred to as the resource limit.
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assume jphone, inc., has an equity multiplier of 1.35, total asset turnover of 1.64, and a profit margin of 7 percent. required: what is its roe? (do not include the percent sign (%). round your answer to 2 decimal places (e.g., 32.16).)
ROE ≈ (Profit margin)*(Asset turnover)*(Equity ratio) = 7% x 1.64 x 1.35 = 15.498%
What does the 30% profit margin mean?For instance, a profit margin of 30% means that for every $100 in revenue, $30 is made in net income. In general, the bigger the profit margin, better better, and the sole ways to increase it are by lowering costs and/or raising sales.
What constitutes a favorable profit margin?Industry-specific net profit margins range from 20% to 5%, with 20% being good, 10% being normal or standard, & 5% being low or poor, according to Corporate Institute. Businesses can pay their expenses and make a profit when their profit margins are high.
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which of the following is a key objective of the age discrimination in employment act of 1967 (adea)?group of answer choicesto prevent financially troubled companies from singling out older employees when there are cutbacksto take affirmative action to ensure equal employment opportunity for vietnam-era veteransto give workers up to 12 weeks' unpaid leave each year for birth, adoption, or foster care of a child within a year of the child's arrivalto have employers maintain health insurance benefits and give workers their previous jobs when the workers' leaves are over
The key objective of the Age Discrimination in Employment Act of 1967 (ADEA) is to prevent financially troubled companies from singling out older employees when there are cutbacks.
The ADEA forbids employment discrimination against anyone over the age of 40. Its purpose is to protect older workers from arbitrary age discrimination in the workplace and to encourage the hiring of older people based on their abilities rather than their age. Employers with 20 or more employees, including state and local governments, are subject to the statute.
While other employment-related statutes, such as the Vietnam Era Veterans' Readjustment Assistance Act and the Family and Medical Leave Act, have their own goals, they are not the primary goals of the ADEA.
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one of the biggest factors in land pollution is the dumping of waste into landfills. by far the world's biggest wasters are consumers in . question 2 options: europe china russia the united states canada
The dumping of rubbish into landfills is one of the main causes of land contamination. The united states are by far the largest waster in the world. Here option D is the correct answer.
The United States is one of the largest producers of waste in the world, generating around 239 million tons of garbage each year. The majority of this waste ends up in landfills, making land pollution a major issue in the country. According to the Environmental Protection Agency (EPA), landfills are the third-largest source of human-related methane emissions in the United States.
Consumer behavior is a significant factor in land pollution. The United States has a consumer-driven economy, and the high demand for products has led to an increase in waste generation. Additionally, many Americans lack awareness of the environmental impact of their consumption habits, leading to a lack of waste reduction practices and improper disposal of waste.
Complete question:
one of the biggest factors in land pollution is the dumping of waste into landfills. by far the world's biggest wasters are consumers in .
A - Europe
B - China
C - Russia
D - The united states
E - Canada
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trey, an agent for uno music corporation, executes an unauthorized contract with variety recording, inc., that is highly advantageous to uno. variety withdraws from the deal before uno ratifies the contract. the contract is valid. variable. void. voidable.
trey, an agent for uno music corporation, executes an unauthorized contract with variety recording, inc., that is highly advantageous to uno. variety withdraws from the deal before uno ratifies the contract. the contract is void.
A void contract is a formal agreement that's effectively illegitimate and unenforceable from the moment it's created.
A void contract differs from a voidable contract, although both may indeed be annulled for analogous reasons.
A contract may be supposed void if it isn't enforceable as it was firstly written.
Void contracts can do when one of the involved parties is unable of completely comprehending the counteraccusations of the agreement, like when a mentally disabled existent or an inebriated person may not be coherent enough to adequately grasp the parameters of the agreement, rendering it void.
Agreements entered into by minors or for illegal conditioning may also be rendered void.
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which action was implemented in the uruguay round, finalized in december 1993?multiple choiceextension of the gatt to cover consumer productsestablishment of the world trade organizationenhancement of trade barriersreduction in the protection for patents, trademarks, and copyrights
Option B. Establishment of the World Trade Organization (WTO) was the key action implemented in the Uruguay Round, which was finalized in December 1993.
The Uruguay Round was a series of negotiations among member countries of the General Agreement on Tariffs and Trade (GATT), which aimed to reduce trade barriers and increase international trade. One of the main outcomes of the Uruguay Round was the creation of the World Trade Organization, which replaced the GATT as the global organization responsible for regulating international trade. The WTO has a broader mandate than the GATT, covering not only trade in goods, but also trade in services, intellectual property rights, and investment.
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Which action was implemented in the Uruguay round, finalized in December 1993? multiple choice
A. extension of the Gatt to cover consumer products
B. establishment of the world trade organization
C. enhancement of trade barriers
D. reduction in the protection for patents, trademarks, and copyrights
If employees do not honestly communicate about business issues, it can lead to..A. Enhanced self-interest.B. Poor financial performance.C. Transparent workplaces.D. Greater personal values.
If employees do not honestly communicate about business issues, it can lead to poor financial performance.
Hence, the correct answer is Option E.
Why is Honest Communication Important in Business?Honest communication is essential for the success of any business. When employees do not communicate honestly about business issues, it can lead to misunderstandings, mistrust, and ultimately poor financial performance.
This is because employees may not have the information they need to make informed decisions, or they may make decisions based on incorrect information. As a result, the business may suffer from decreased productivity, lower sales, and reduced profits.
Therefore, it is important for employees to communicate honestly and openly about business issues in order to ensure the success of the business.
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A plantwide overhead rate based on direct labor hours is ______ appropriate.
a. sometimes
b. never
c. always
A plantwide overhead rate based on direct labor hours is a. sometimes appropriate.
How does direct labor hours affect the calculation of a plantwide overhead rate?The calculation of a plantwide overhead price is based at the direct hard work hours, as it is used to allocate the overhead charges related to production products. Direct hard work hours are the hours spent by using employees at once concerned in the production process. The full overhead costs for the plant are divided via the total direct hard work hours to reach at the plantwide overhead fee. This rate is then used to allocate overhead prices to person products or departments, based at the wide variety of direct hard work hours required to supply them. Using direct exertions hours ensures that the overhead prices are appropriately assigned to the products that require the most hard work and assets. This method enables a employer understand the real value of manufacturing each product and make informed decisions.
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Decide how each cost is treated on an income statement prepared using the variable costing approach. Indicate whether each cost item is treated as a period cost or product cost.1. Direct labor2.Fixed manufacturing overhead3.Variable manufacturing overhead4.Fixed selling and administrative expenses5.Variable selling and administrative expenses
1)Direct labor is indeed a product cost, 2)Fixed manufacturing overhead is a period cost, 3)Variable direct materials is a product cost,4)Fixed general and administrative expenses are a period cost and 5)Variable sales and administrative expenses are a period cost. are really the correct responses.
Whenever the quantity manufactured equals the number of units sold, the net operating profit calculated through using variable costing method equals the net operating revenue calculated utilising absorption traditional costing.
Variable costing methods are ideal for cost benefit analysis.
Whenever the quantity produced exceeds the quantity sold, the net income from operations calculated using the variable accounting system exceeds the operating profit calculated utilising absorption costing method.
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beach carrier case study what is the nature of the product? what are its strengths and weaknesses? 2. what are the limitations to the assumptions ricci has made in determining the market potential? what risks do these present? 3. how can ricci protect her product design? 4. what are the pros and cons of the mail order marketing strategy? what are the pros and cons of alternative distribution methods? 5. what are some of the manufacturing issues ricci will face? 6. is the financing sufficient to fund the roll out of the beach carrier as planned?
As per the Beach Carrier Analysis (Case Study), the answers to the following questions are mentioned below:
Beach Carriers often come under the Private Carrier Category
Beach Carriers often come under the Private Carrier Category
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if production involves increasing opportunity cost, then on the production possibilities frontier, moving to a point closer to the horizontal axis will increase the opportunity cost of
If production involves increasing opportunity cost, then moving nearer the horizontal axis will increase the opportunity cost of the good that is shown on the horizontal axis i.e. Option E
Opportunity cost is the cost of a choice in terms of the best alternative that must be given up. In the case of production, the opportunity cost of producing one good is the quantity of the other good that must be given up. When production involves increasing opportunity cost, it means that as more of one good is produced, the opportunity cost of producing each additional unit of that good increases.
In a production possibilities frontier (PPF) graph, the opportunity cost is reflected by the slope of the PPF curve. As we move down along the PPF, that is, as we produce more of one good, the opportunity cost of producing that good increases. This is because in order to produce more of one good, we need to give up increasing quantities of the other good, which has a higher and higher opportunity cost.
Moving nearer the horizontal axis in the PPF graph means producing more of the good that is shown on the horizontal axis, which will result in an increase in the opportunity cost of the other good. This is because in order to produce more of the good on the horizontal axis, we need to give up increasing quantities of the other good, which has a higher opportunity cost. Therefore, as we move closer to the horizontal axis, we will have to give up increasing amounts of the other good, which will increase its opportunity cost.
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Complete Question -
If production involves increasing opportunity cost, then moving nearer the horizontal axis will increase the opportunity cost of
a. the good that is shown on the vertical axis
b. not enough information is given to answer the question
c. both of the goods shown on the axes
d. neither of the goods shown on the axes
e. the good that is shown on the horizontal axis
question number 2) there are a number of influences on the buying organization and buying center that can impact how and what is purchased by a business. for eaton's customers, the economic crises in 2008 would be classified as what type of influence?
The economic crisis of 2008 would have had a significant impact on Eaton's customers' purchasing behavior, as it would have forced them to reassess their priorities and make more cautious decisions about how they allocate their resources.
The economic crisis in 2008 would be classified as an external influence on the buying organization and buying center for Eaton's customers. Specifically, it would be considered a macroeconomic influence, which is a factor that affects the overall economy and can have a ripple effect on businesses and consumers.
The economic crisis of 2008 had a profound impact on the global economy, including businesses of all sizes and industries. Many companies, including Eaton's customers, likely experienced a decrease in demand for their products or services, as well as a reduction in their own financial resources. These factors would have influenced the buying organization and buying center's decision-making process by making them more cost-conscious and focused on finding ways to reduce expenses.
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At its earliest stages, a logistic growth curve closely resembles an exponential growth curve.a. Falseb. True
A logistic growth curve first resembles an exponential growth curve very much. A specific species can only have a certain number of members living there at once in a given environment.
The definition of logistic growth used in population models refers to the population's initial steady rise and subsequent increase as the population increases The logistic growth model predicts that population growth is most significant when a large number of people utilize the minimal amount of resources required to support that population. I The logistic growth model also depicts a slowing or reduction of population increase as the population starts to outpace the available resources. Overcoming the carrying capacity is what this is. Since of the resource cap and the exceeding of the carrying capacity, some people might not utilize exponential growth models because they would not predict the growth rate accurately.
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Tom, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Tom later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies ____
if he decides to add new products, small companies can get started more easily and maneuver faster
Making a living or earning money by creating, acquiring, and reselling items is the act of doing business (such as goods and services). Also covered is "any action or operation done for profit."
The owner of the business is responsible and liable for any promises made by the business as the business entity cannot be legally distinguished from the owner by the use of a business name. If a company runs up debt, creditors may seize the owner's personal property. Corporate tax rates are not allowed in a business setup. All business income is subject to personal taxation by the proprietor.
Typically, the phrase is used colloquially to refer to a firm (although not by attorneys or governmental authorities).
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what is the second essential task of management?multiple choice question.diversitysynergyprincipalityorganizing
All of this requires careful planning on the part of someone in a position of leadership. As a result, the second function of management is to organize.
What are the five functions of management?
There is a multiple-choice question. Synergy of diversity trying to organize principality
At its most basic, management is a discipline comprised of five basic functionalities: planning, organizing, staffing, leading, and controlling. These elements comprise are part of a larger set of methods and hypotheses regarding how to become a successful manager.
Which of the three most important managerial abilities?
According to Robert Katz, three different kinds of abilities are necessary for a successful project management:
Knowledge and understanding.
Knowledge of concepts.
Interpersonal or human management abilities.
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carson has been consistently coming in late to work and leaving early. his supervisor has documented this behavior for a month. before taking the issue to hr and the manager, the supervisor sits down with carson and talks to him about her concerns. at the end of the discussion, the supervisor issues carson a(n)
The manager concludes the conversation with Carson by giving him a verbal warning. An employer may use a verbal warning as a method of discipline to deal with an employee's performance or conduct problems.
Often, it is the first stage of a sequential disciplinary procedure. The manager most likely explained to Carson the specific issues with his timeliness and attendance as well as the effects of his actions on the workplace during the conversation. The verbal warning probably included a review of the company's attendance and punctuality rules and expectations as well as a detailed discussion of the repercussions of his behaviour not altering. Carson might have also received a plan for improvement from the supervisor, along with a deadline for follow-up.
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mullis company sold merchandise on account to a customer for $825, terms n/30. the journal entry to record this sale transaction would be:
The journal entry to record this sale transaction would be Debit Accounts Receivable $825 and credit Sales $825. In your company's books, a journal entry serves as a record of a business transaction.
Every transaction requires at least two journal entries in double-entry bookkeeping. A bookkeeper keeps track of all the changes that a transaction can bring about in a business by recording them in their journal.
Even today, every journal entry must include an equal number of debits and credits to maintain the balance of the famous equation. Costs are the price paid for goods or services used. Expense The crucial accounting records known as journal entries show the costs incurred by the organisation. The foundation of accounting are journal entries.
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in addition to porter's five forces, another sixth force added in the text is question 18 options: bargaining power of the ceo. bargaining power of other stakeholders. bargaining power of other prospects. bargaining power of the strategic planning team. bargaining power of price.
Option B. Bargaining power of other stakeholders is another force that can be added to Porter's five forces model.
Other stakeholders may include suppliers, customers, employees, and other groups or individuals who have a stake in the success or failure of the organization. These stakeholders can exert influence on the organization by virtue of their bargaining power, which may be related to factors such as their size, their importance to the organization, and the availability of substitutes for their services or products. By considering the bargaining power of other stakeholders, organizations can gain a better understanding of the competitive landscape and develop strategies to address the concerns and needs of these important groups.
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In addition to porter's five forces, another sixth force added in the text is question 18 options:
A. bargaining power of the CEO.
B. bargaining power of other stakeholders.
C. bargaining power of other prospects.
D. bargaining power of the strategic planning team.
E. bargaining power of price.
the tax designed to ensure that those who receive tax breaks also pay their fair share of taxes is called the:
the tax designed to ensure that those who receive tax breaks also pay their fair share of taxes is called the: Progressive tax.
What are progressive tax and regressive tax?A progressive tax is one that increases the tax responsibility more than proportionately to an increase in income, whereas a regressive tax increases the relative burden less proportionately to the increase in income.
A tax is said to be regressive if it is levied in a way that the tax rate drops as the amount subject to taxation rises. When describing a distributional impact on income or spending, the term "regressive" refers to the rate's progression from high to low, causing the average tax rate to be higher than the marginal tax rate.
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a positive balance that remains after total expenses are subtracted from total income are called?
A positive balance that remains after total expenses are subtracted from total income is called "Net Income" or "Profit".
What is a Net Income?Income is the total amount of money earned through sales or other revenue-generating activities. Expenses, on the other hand, are the costs incurred in the process of generating that income, such as salaries, rent, utilities, and supplies.
When you subtract the total expenses from the total income, the resulting amount is either positive or negative. If it is positive, then it means that the income earned is greater than the expenses incurred, and you have a net income or profit.
This profit can be seen as a surplus amount of money that is available to the business after accounting for all the expenses incurred during a particular period, such as a month, a quarter, or a year. This surplus can be used in various ways, depending on the goals and needs of the business. It can be reinvested in the business to fuel growth, saved for future expenses, or distributed as dividends to shareholders.
Having a positive net income is generally seen as a good thing for a business, as it means that the business is generating more revenue than it is spending, and is thus in a financially stable position.
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a u.s. auto manufacturer establishes plants in europe and in asia. this is an example of a (n) . group of answer choices vertical integration global expansion unrelated diversification horizontal integration
A U.S. automaker opens factories in Asia and Europe. Here is an illustration of a global expansion.
What does global expansion mean?The process of a company's operations being expanded into a foreign market from their home market is known as global expansion .
Why is globalization so crucial?Your company could achieve new heights through global expansion. It gives your company access to worldwide markets, a talent pool from around the world, and most significantly, growth potential. A strategic business decision is to broaden a company's services internationally.
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Correct question:
A U.S. auto manufacturer establishes plants in Europe and in Asia. This is an example of a (n) ________.
A) vertical integration
B) global expansion
C) horizontal integration
D) unrelated diversification
the band is breaking up and rob, sue, tim and vito each want the tour bus. using the method of sealed bids, rob bids $4600, sue bids $3100, tim bids $2400, and vito bids $7100 for the bus. since vito's bid is the highest, he gets the bus and has to compensate the others to make the division fair. how much money will rob get from vito?
Competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
What are sealed bids?A technique of contracting known as sealed bidding uses competitive bids, public opening of bids, and awards.
There are several steps involved: (a) The creation of bid invites. Invitations must clearly, thoroughly, and accurately outline the government's requirements.
There is no longer a need for negotiations, and the format for best and final offers ensures that prospective purchasers always disclose their budgets.
This is advantageous for sellers since it ensures a high price and drives away potential later-pulling-out purchasers.
So, the money that Rob gets from Vito:
= 7100 - 4600
= $2,500
Therefore, competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
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firms that achieve a sustainable competitive advantage through their merchandise and service offerings, and through effective branding and positioning, are doing so using blank excellence. multiple choice question. product locational customer operational
Businesses that successfully market themselves, position themselves, and offer products and services that give them a competitive advantage do so by [...] exceeding expectations.
What is the position known as?
a thing's or a person's location, frequently in connection to other things: If you want to see where we are on the map, I've located it for you. Since you rearranged the furnishings, the sofa is now in a different location. Positioned horizontally with the face upward. Horizontal position with the face turned downward is known as prone. The right side is pointing downward in a horizontal position known as the right lateral recumbent. Recumbent with the left side down and in a horizontal position.
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The form of business ownership best suited to raising large amounts of money for expansion is the: Select one: a. Sole proprietorship. b. partnership c. corporation d. cooperative
c. corporation. The corporation is the type of corporate ownership that lends itself to obtaining substantial sums of money for expansion.
The corporation is the type of corporate ownership that lends itself to obtaining substantial sums of money for expansion. Businesses have the benefit of offering stocks and bonds to investors in return for ownership and funding of the business. This may generate a substantial sum of money that may be utilised to finance development and expansion. Additionally, because there is no cap on the number of stockholders that businesses may have, it is feasible to obtain significant sums of money from a wide range of investors. In contrast to other types of ownership, corporations may be more complexly organised and are subject to greater regulation.
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session 01 included a profile video of a couple of our scm alumni, matt and leandra at shell. matt and leandra both manage portfolios worth , and deliver in savings each year. a. they each manage portfolios worth about $50 thousand and deliver $hundreds in savings each year. b. they each manage portfolios worth about $500 and deliver $50 in savings each year. c. they each manage portfolios worth about $500 quadrillion and deliver $trillions in savings each year. d. they each manage portfolios worth $500 million to $3 billion and deliver $millions in savings each year.
As per the data given in the question, Matt and Leandra are portfolio managers and They each manage portfolios worth $500 million to $3 billion and deliver $millions in savings each year i.e. Option D is correct.
A portfolio's significance can be characterized as an assortment of monetary resources and speculation instruments that are held by an individual, a monetary establishment or a trading company. To foster a productive portfolio, getting comfortable with the basics and the elements that impact it is fundamental. According to the portfolio definition, it is an assortment of a great many resources that are possessed by financial backers. The expressed assortment of monetary resources may likewise be assets going from gold, stocks, reserves, subordinates, property, cash counterparts, bonds, and so on. People put their cash into such resources to produce income while guaranteeing that the first value of the resource or capital doesn't dissolve.
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