If demand increases and supply decreases, the change in the equilibrium price will be ______, and the change in the equilibrium quantity will be ______.

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Answer 1

If demand increases and supply decreases, the change in the equilibrium price will be increasing, and the change in the equilibrium quantity will be decreasing.

What do equilibrium price and quantity mean?

The equilibrium market includes the equilibrium price and quantity. When buyers and sellers are equally eager to swap a good or service for another at the same price, the market is said to be in equilibrium. The quantity in question is referred to as the equilibrium quantity, and this price is the equilibrium price.

Demand amount and supply quantity are always relevant to the state of equilibrium. The supply and demand schedule, demand and supply curves, and demand and supply formulas can all be used to determine market equilibrium.

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Related Questions

What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points?

Answers

The increase in the s&p;

P is 5%.

% Increase = Points Increase / Original Value

% Increase = 55/1100 = 0.05

The rate of rise is 5% currently trading when expressed as a percentage.

What is trading?

Trading is the purchase and sale of financial instruments for profit. These instruments are made up of a number of assets that have a financial value that fluctuates and you can trade on the direction they move. You've probably heard of stocks, shares, and mutual funds.

You can gain exposure to markets such as the S&

P 500, the FTSE 100,

Global currencies such as the US dollar or the Japanese yen, and even commodities such as lean hog or cattle. It's vital to remember that trading is inherently dangerous, and you could lose more than you anticipated if you don't take the necessary risk management precautions.

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Budget for long-term goals involving non-recurring items is called a(n):_________

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Budget for long-term goals involving non-recurring items is called a capital budget.

What is capital budget?A business uses capital budgeting as a tool to assess potential big projects or investments. Examples of projects that might require capital budgeting before they are approved or denied include the construction of a new factory or a significant investment in an outside enterprise.Making decisions about a company's long-term capital investment in operations is done through capital budgeting. Capital budgeting is the process of forecasting future returns on investments in things like machinery, real estate, and new technologies.Because it fosters accountability and measurability, capital budgeting is crucial.A company's owners or shareholders would consider it irresponsible for it to invest resources in a project without first fully evaluating the risks and potential rewards.

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With specific goals and objectives for the population it serves, each snp is required to develop a?

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With specific goals and objectives for the population it serves, each snp is required to develop a MODEL OF CARE.

What is SNP model of care?

SNP Care Model (MOC) A coordinated care plan for Medicare Advantage (MA) is known as a special needs plan (SNP). (CCP) that is intended to provide focused care and restrict enrollment to people with exceptional needs.

Which of the following are the types of Special Needs Plans (SNPs)?

All Special Needs Plans (SNPs), regardless of plan type, involve a contracted network of providers because they are either HMOs or PPOs.

What is a special needs plan SNP?

All Special Needs Plans (SNPs), regardless of plan type, involve a contracted network of providers because they are either HMOs or PPOs. True. Each SNP is obliged to create a: Model of Care with particular aims and objectives for the population it serves.

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Why do people specialize and​ trade? with specialization and​ trade, people can​ _______.

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People with specialization and​ trade, people also can consume at a degree outside their PPF.

The production possibility frontier (PPF) could be a curve on a graph that illustrates the possible quantities which will be produced of two products if both rely upon the identical finite resource for his or her manufacture. The PPF is additionally observed because the production possibility curve. PPF also plays a vital role in economics. as an example, it can demonstrate that a nation's economy has reached the best level of efficiency possible. The PPF may be a decision-making tool for managers picking the optimum product mix for the corporate.

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The following product that is found only at walmart is an example of? counterfeit brand manufacturer brand national brand private-label brand premium brand

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It is an instance of producer brand. The identify of a producer on a product, used to advertise and promote the product: It is estimated that 85% of all sporting goods are offered underneath a manufacturer's brand.

What is a Manufacturer Brand?

The first aspect that probable comes to thinking when questioning of manufacturing manufacturers are the giants that have constantly been. We're speakme Ford, Nestle, Coca-Cola, Apple and the lot.

Is manufacture the equal as brand?

ADVERTISEMENTS: Difference between Manufacturers Brands and Own-Label Brand are as follows: Traditionally, producers branded their products and bought them to clients via the use of the distribution channel. Wholesalers, distributors and outlets offered only the manufacturers' brands.

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On your camping trip, you had planned to sleep out under the stars but it began to rain. marketers might say you have a(n) ________

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On your camping trip, you had planned to sleep out under the stars but it began to rain. marketers might say you have a desire.

How to explain the information?

Although psychologists refer to desires as ur-emotions, or feelings that don't quite fit into the basic emotion category, laypeople frequently define wishes as emotions. .

Psychologists claim that bodily parts and functions are the source of desires. to express a desire for something; to beg for something; to make a request: The mayor wants you at the next meeting. to desire, long for, or need. a desire or longing for something that gives pleasure or satisfaction: an explicit desire or wish for notoriety. When the brain's pleasure centers weigh external cues against the current state of consciousness, desire emerges rather automatically (e.g., hungry, craving, or feeling lonely).

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your camping trip, you had planned to sleep out under the stars but it began to rain. Marketers might say you have a(n) ________Blank to sleep in your tent instead.

Multiple Choice

preference

desire

mode

orientation

Name two expectations customers have that are part of the customer buying criteria.
a. price and customer
b. awareness positioning and price
c. age and customer accessibility
d. reliability and quality

Answers

Price and awareness positioning are the right response.

BUYING CRITERIA AND IMPORTANCE ARE NOT THE SAME.

Most individuals will respond "safety" when asked what factor they consider most important when picking an airline. The same person won't say "safety" when you ask what factors they consider when buying a ticket because safety is taken for granted. Security is a given. A buyer's criterion could include a wide range of factors, including cost, delivery time, service accessibility, place of manufacture, etc. Additionally, you need to comprehend the relative importance that each criterion has in the industry. Although the quickness of delivery is given more importance than the low price, it may still be a factor.

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an increase in supply will have what effect on equilibrium price and quantity? a.price will decrease; quantity will increase. b.price will increase; quantity will decrease. c.both price and quantity will increase. d.both price and quantity will decrease.

Answers

The correct option is Price will Decrease, Quantity will Increase

The only price at which consumer and producer plans coincide is the equilibrium price, which is reached when the quantity sought by consumers and the quantity provided by producers, respectively, are equal. The equilibrium quantity is the name given to this shared quantity. Any other price causes the market to be out of balance since the amount requested does not match the quantity provided. Equilibrium simply implies balance. A market has no motivation to stray from its equilibrium price and quantity if it is there. Economic pressures, however, start to build up when a market is out of balance and push it in the direction of the equilibrium price and quantity.

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Any place where, or mechanism by which, buyers and sellers interact to trade goods, services, or resources is a called a(n):_________

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Any place where, or mechanism by which, buyers and sellers interact to trade goods, services, or resources is a called markets.

What is market?
In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. Despite the possibility of parties exchanging goods and services through barter, the majority of markets rely on sellers providing their products or services—including labor—to customers in exchange for money. It is possible to define a market as the mechanism by which the costs of goods and services are decided. Markets provide for the distribution and allocation of resources in a community as well as the facilitation of trade. Any tradable good can be assessed and valued in a market. A market develops more or less on its own or may be purposefully created through human interaction in order to facilitate the exchange of rights (compare ownership of products and services). Markets typically replace gifts.

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Inventories held for sale in the normal course of business are classified in the balance sheet as?

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Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

What is meant by current liability?

This is the term that is used to refer to all of the financial obligations that the customer would have to have due to themselves in the long run. These are the liabilities that are known to be dropped in the current assets and would then be settled in the course of a year.

Hence we can say that Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

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The capacity planning function is closely linked with which two key interorganizational supply chain participants?

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The capacity planning function is closely linked with  two key interorganizational supply chain participants suppliers and customers.

Supply chain management

The administration of the flow of goods and services between companies and locations is known as supply chain management, or SCM, in the business world. This can include the transport and processing of raw materials, inventories for goods still being produced, finished goods, and the complete order fulfillment process from the point of production to the point of consumption. The provision of goods and services required by end customers in a supply chain combines networks, channels, and node firms that are interconnected, interrelated, or intertwined.

According to the concept of supply-chain management, it is the "layout, planning, execution, regulation, and tracking of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging global logistics, synchronizing supply with demand, and measuring performance globally."

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Edison consulting received a $470 utilities bill and immediately paid it. edison's general journal entry to record this transaction will include a:__________

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To document this deal, Edison will put the following in its general journal entry: Doctor Utilities $470  $470.00 in cash in currency

The act of maintaining or creating records of any transactions, whether they are financial or not, is known as journaling.

An accounting journal lists transactions and displays a company's debit and credit balances. The journal entry may have multiple entries, each of which is either a credit or a debit. The journal entry is deemed to be imbalanced if the total of the debits does not match the total of the credits.

Journal entries can list one-time or ongoing events, such bond amortization or depreciation. Accounts payable normally has its own subledger that indirectly impacts the general ledger, and journals entries in accounting software are typically entered using a distinct module from those.

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The financial planning process includes? i. determining asset requirements. ii. developing contingency plans. iii. establishing priorities. iv. analyzing funding options.

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The financial planning process includes analyzing funding options.

Taking in charge your timeframe, cash flow, risk tolerance, current insurance range, tax strategies and investment goals, a range of ideas and financial planning options would be presented in order to decide which one suits you the best. This will help you deliver more actual and satisfying decisions.

What is financial planning process?

The main role of a financial planner is to help someones meet their medium-term and long-term financial objectives. Financial planners work closely with the customer to crystallize the goals, analyze their goals, assess risk patience, and as an end product create a plan of driving from point A to point B.

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_____ involves broadening the scope of a job by expanding the number of different tasks that are performed.

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Job enlargement involves broadening the scope of a job by expanding the number of different tasks that are performed.

What is Job enlargement?

Job enlargement is defined as adding new duties to an existing role that are on the same level. This implies that a person's current profession will require them to perform more and diverse tasks. For instance, a worker who will now handle her own plans instead of having her manager do it. Along with job enlargement, task rotation, and job simplification, job enlargement is a crucial method in job redesign.Job enrichment and job enlargement are sometimes confused. There is, nevertheless, a clear distinction. Employment expansion seeks to widen one's job to make it more interesting and motivating.Undoubtedly, one of the most well-known ways to add variation to a job enlargement is to expand it.

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East-west traders, based in los angeles, buys home accessories from italy and then resells them domestically. what process is this company using to obtain goods?

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If the East West traders, based in Los Angeles, buys home accessories from Italy and then resells them domestically, the method that they are  using to obtain goods is called importing.

What is importing?

This is the term that is used to refer to all of the ways that a nation is able to get the goods and the resources that they need from other nations into their own countries. It is the buying of goods from a nation to your own country so as to use them in your own nation or to have them sold to the users of items in your nation.

The opposite of this is exportation which is the sale of goods from your own nation to other nations. Hence we have to say that If the East West traders, based in Los Angeles, buys home accessories from Italy and then resells them domestically, the method that they are  using to obtain goods is called importing.

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Which type of listing provides the most incentive for a broker to market a property?

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The type of listing that provides the most incentive for a broker to market a property is the exclusive right to sell.

4 Types of Listing Agreements for Real Estate Agents:

1)Exclusive right to sell listing: Under this arrangement, the agent is compensated regardless of who sells the property—the seller or the agent.

2)Exclusive agency listing: In this kind of arrangement, agents are only compensated if they successfully sell the property. If the owner sells the property by themselves, no fee is collected.

3)Open listing: Under this arrangement, sellers are free to work with as many brokers as they choose. If the seller sells the property without the broker's assistance, they are not required to pay any of them.

4) Net Listing: It's possible that your state forbids agreements of this nature. Everything that the agent is able to sell for more than the asking amount is his to retain.

The type of listing that provides the most incentive for a broker to market a property is the exclusive right to sell.

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Strategic positioning involves performing the same activities as rivals in a similar way, but at a lower cost. True or false?.

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It is false. By preserving what is unique about a company, strategic positioning aims to achieve long-term competitive advantage. It refers to engaging in different activities from competitors or engaging in comparable activities but in various ways.

Companies can use strategic positioning as a key instrument to increase business profit. Determining how to set themselves apart from rivals may be a crucial step in developing the goal and operating principles of new businesses. By expanding the volume of products they produce and the market they serve, strategic positioning can aid established businesses in growing. Executives of a firm may find it helpful to attract investors and media attention by being able to articulate how their organization differs from that of its rivals.

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In a diversified company, the competitive advantage potential of cross-business strategic fit is greater when?

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In a diversified company, the competitive advantage potential of the cross-business strategic fit is greater when there is strategic alignment.

In a diversified company, the potential for competitive advantage of strategic alignment across businesses is bigger when the business mix includes variety of money cows. A diversified company that uses the strategic alignment of its related businesses for competitive advantage. it's a transparent path to achieving 1 + 1 = 3 synergistic gains in shareholder value. Their value chains have competitively valuable business-to-business relationships. The ability to spread business risk across truly diverse businesses (compared to related diversification, which is restricted to spreading risk only among businesses that are strategically appropriate). the flexibility to create the foremost of the company's financial resources by investing in any industry/business that provides the most effective prospects for profit One adaptation-based strategic approach to related diversification would be to diversify into new industries that represent opportunities to mix the worth chain activities of two or more businesses to cut back costs.

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Identify the necessary ingredients of virtuous, level iii, stage 6 moral leadership.

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Identify the necessary ingredients of virtuous, level iii, Motives; means; consequences

What is Moral leadership?

A leader who practises moral leadership does so in a way that upholds high moral standards, selflessness, and integrity. A built-in ethical framework and moral purpose direct decision-making in moral leadership. Moral leaders seek to lead and inspire others by setting an example and establishing moral goals. They are self-disciplined, caring, and responsible. A healthy organisational culture is fundamentally based on proper workplace ethics. A company that has an established code of ethics has the benefits of motivated staff and improved performance. Business executives who act ethically transition to moral leadership. In professional ethics, moral leadership places a strong emphasis on integrity, dependability, and honesty. Such a leader doesn't misuse their position; they are fair, impartial, and willing to put the needs of the company before their own.

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An individual has started to set small goals after writing an action plan for change. which stage of behavior change does this example represent?

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The stage of behavior change does this example represent is Preparation. Before an individual can decide to accomplish an objective, they should initially settle on what their ideal end-state will be.

What does Goal represents?

A goal is a thought representing things to come or wanted outcome that an individual or a gathering imagine, plan and resolve to accomplish.

A goal is generally like a reason or point, the expected outcome which guides response, or an end, which is an item, either an actual article or a theoretical item, that has natural worth.

Objective setting hypothesis was figured out in view of observational exploration and has been called one of the main speculations in hierarchical psychology. Edwin A. Locke and Gary P. Latham, the dads of objective setting hypothesis, gave a far reaching survey of the center discoveries of the hypothesis in 2002.

Therefore A positive connection among goals and execution relies upon a few elements.

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An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the movement from:_____.

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An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the movement from C to F.

The economy in points A, B, C, and D is at full employment. Some employees make bread, while others make wine. Points F and G depict scenarios where the unemployment rate varies depending on the state of the economy. Point E illustrates a growing economy that is performing above its maximum level of employment. When the unemployment rate is between 4% and 5%, an economy is considered to be in full employment; nonetheless, frictional unemployment is always present.

Given that the economy was at full employment when the question was asked, but that unemployment then rose, the starting point must be A, B, C, or D, and the final position must be F or G. Only option D, from points C through F, makes sense.

An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the movement from C to F.

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situation: trustworthy financial services recently hired a revops professional named markeisha. markeisha is spending her first few months trying to understand where leads come from, how they get passed to sales, and what happens to new customers after the deal is closed. this is an example of:

Answers

According to the marginal productivity theory, the price of each production factor will be equal to its marginal productivity in a market with perfect competition. The industry establishes the factor's price. The quantity of a certain factor that the firm uses when the price is equal to its marginal productivity

Because it is inefficient to pay employees, a company that seeks to maximize profits would hire people up until the point where the marginal revenue product and the wage rate are equal.

According to their ability to produce, workers should be paid a certain amount, according to the marginal productivity theory.

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The bakery has determined cost of direct materials used to be 101000. what is the cost of goods manufactured?

Answers

The total cost incurred to manufacture goods and transfer them into finished goods inventory for retail sale is known as COGM, as the name suggests.

The COGM calculation formula is as follows:

Substitute: Direct Materials Used

Complement: Direct Labor Used

Cost of manufacturing added

Start the Work in Process (WIP) Inventory, please

Taking Work in Process (WIP) Inventory to Zero

= COGM

In a T-account, this can be observed more obviously. Let's take the following costs as an example, which a bakery manufacturer may incur:

$100k in direct materials

Labor Direct: $50,000

Manufacturing Overhead: $60,000

WIP inventory starting point: $10,000

WIP inventory ending: $30,000.

Inventory Work in Process (WIP) Starting Balance 10,000

Direct Materials 100,000

Direct Labor 50,000

60,000 in manufacturing overhead

190,000* COGM Ending Balance 30,000

What is COGM, or Cost of Goods Manufactured?

In managerial accounting, the term "cost of goods manufactured" (COGM) refers to a schedule or statement that displays all manufacturing costs incurred by a business over a given time period.

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The principal amount in tips is adjusted in proportion to increases in? the dow jones industrial average. gdp growth. the s&p 500. the consumer price index.

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The Dow Jones Industrial Average (DJIA) is a stock index made up of 30 prestigious American industrial and financial firms.

The media uses the index as a gauge of the overall stock market and the state of the economy.

The Dow consists of only 30 stocks out of thousands of stocks, which limits its reach more than the more expansive S&P 500.

The index is price-weighted and does not take market capitalization changes into account, unlike several other widely used indices.

The index is generated using a divisor to equalize the index components because it is price-weighted.

The Gross Domestic Product (GDP) of the United States grew 5.7% in 2021, the fastest yearly rate since 1984. As the economy recovered from the catastrophic fall in economic activity caused by the COVID-19 epidemic in early 2020, consumer expenditure and business spending accounted for the majority of the improvements. In 2021, the labor market was robust. With 6.7 million new employment being added in 2021, it created 562,000 new positions on average each month. At the end of the year, the economy still had 3.3 million fewer jobs than it did before the outbreak.

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If a company receives $11,400 from a client for services provided, the effect on the accounting equation would be:_________

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If a company acquires $11,400 from a client for assistance provided, the effect on the accounting equation would be: growth in assets and equity

What is an accounting equation?

The accounting equation displays that all assets of a company are financed from equity and liabilities, and total assets are identical as the sum of equity and liabilities

assets=equity+ liabilities

A receipt of $11,400 for assistance provided would impact assets, in that cash would rise, which means assets would increase by $11,400 also on the assumption that such services were provided for cash, the sales income which flows into equity would also improve.

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If the price elasticity of demand is unit elastic, the change in price is ______ the change in quantity.

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If the price elasticity of demand is unit elastic, the change in price is exactly offset by the change in quantity.

The responsiveness of a change in quantity required in response to a specific percentage change in the price of the good is known as price elasticity of demand. It can be said in the following way:

Relatively Elastic Demand is considered to be relatively elastic when the percentage change in demand outweighs the percentage change in price. For instance, if a commodity's price drops by 10% but its demand increases by 20%, the commodity's demand is said to be relatively elastic. Price elasticity will have a number greater than one.

If the price elasticity of demand is unit elastic, the change in price is inelastic the change in quantity.

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True or false: enterprise operations systems work in conjunction with the firm's erp system to provide specific functionality to support supply chain operations

Answers

The main answer is True.

The statement is correct, enterprise operations systems work in conjunction with the firm's ERP system to provide specific functionality to support supply chain operations.

Explanation:ERP system to provide specific functionality to support supply chain operations.Supply chain management has been an integral part of ERP solutions adopted by several enterprises. Manufacturers need to interact with various suppliers and partners to obtain the raw materials and resources at the right time and at the right amount to bring finished goods to market. Businesses are actively focusing on several supply chain strategies to boost plant productivity, enhance product quality, and cut down on manufacturing costs. As the operations become more extensive and globalized, the integration of SCM becomes all the more important. ERP solutions can support multiple modes, such as make-to-order, engineer-to-order, and configure-to-order, and provide operations support across multiple sites in real time. ERP solution streamlines the path their products go through from supplier to warehouse and finally to store for the customer. As a result, businesses can avoid supply chain disruption.

This theory explains how ERP systems provide support to the supply chain.

So the given statement is True

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How did hongwu exemplify confucian ideas? he built a strong military of ""a thousand chariots."" he encouraged the employment of men only. he encouraged reverent behavior among the people. he helped the economy of his country grow.

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He helped the economy of his country grow. This is how Hongwu exemplifies Confucian ideas.

What is Confucianism?

Confucianism is one of the most important religious traditions in Chinese history, with a history lasting more than 2,500 years. It cares about morals, inner virtue, and respect for the community and its customs.

Confucianism is a philosophy and way of life that originated in ancient China and served as the basis for much of Chinese culture. From 551 to 479 B.C.E., philosopher and educator Confucius lived. His students recorded his ideas on ethics, proper conduct, and moral character in various writings, the most significant of which was the Lunyu. For leading a peaceful life, Confucianism emphasizes human-centered qualities and ancestor worship. Confucianism's guiding principle is "Don't treat others the way you wouldn't want them to treat you."

Thus, Hongwu helped the economy with his Confucian ideas.

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Ellie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job

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The standard deduction for Ellie will be $1750

Age of Ellie is 15 years and is dependent on her parents.

Dividends income currently with Ellie = $800

Wages income with Ellie from her part-time job = $1400

Since Ellie is dependent on her parents and earned some income she is liable to pay tax according to standard deductions of the Internal Revenue Services(IRS)

Therefore computing the deductions:

Ellie being a dependent, her standard deductions are limited to the greater of (1) $1100 or your earned income plus $350

In this case,

Income from wages is  = $1400 which is greater than $1100

Therefore , her standard deductions will be earned income +350 = 1400 + 350 = $1750

Although a part of your question is missing, you might be referring to this full question: Ellie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job. Compute the 2019 standard deductions.

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In today's business environment, would using a theory x approach help or hinder retailers faced with real estate and debt concerns? explain your reasoning.

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Theory X would obstruct the company's employees' ability to advance and be productive.

Managers who anticipate and micromanage daily tasks do not help in their development since they are more focused on making sure their work is done right than on training their personnel and discovering potential new prospects.

They are limiting potential sources of income in the near future by doing this, and even if these new alternatives could cause merchants more issues, if they carry on as they have, they will fail nonetheless, so it is worthwhile to explore new options. If they encounter these kinds of difficulties, they will also be unable to be innovative with future endeavors since, as the adage goes, it takes money to create money.

Retailers must, however, offer shoppers something novel if they want to overcome these worries.

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The following data are an example of what type of regression?x123456O A. ExponentialOB. QuadraticO C. LinearOD. None of the abovey10,96010,80810,90411,28611,87612,553 A client has designated her daughter as a person to make healthcare decisions for the client if he is not able to do so. what type of advance directive is this considered? I need help fast please and thank you Writing Link Write three sentences about a concert or other performance you have seen. Use at least three collective nouns in your sentences. What features of the faceted histograms do you look at to judge whether one variable explains variation in another variable? Exercise 2 Underline the correct word or words in parentheses. Sean planned the student council meeting (good, well).The play we saw last weekend was very (good, well). The cue utilization hypothesis suggests optimal performance results from:____. A 7-year-old boy was struck by a car while riding his bicycle. his bp is 60/40 mm hg, pulse is 160 beats/min, and respirations are 34 breaths/min. how much iv fluid should you administer per bolus? Recognizing challenges is the first step in findingsolutions. Check each of the following statementsthat are currently considered challenges for thefoodservice industry. If you find yourself standing in an oak-hickory forest in southern michigan, what you see around you represents a good example of a:_________ The nurse demonstrates appropriate technique when using what part of the hand to assess for fremitus in a client? c. Cul es el propsito del emisor con este mensaje? Explicamos.d. Identificamos los argumentos plateados en el texto.e. Cul es nuestra opinin sobre el tema? Argumentamos what is the graph picture below pls helppppp for brainlest Greenwood Company manufactures two products15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z:Activity Cost Pool Activity Measure Estimated Overhead Cost Expected ActivityMachining Machine-hours $ 231,000 11,000 MHsMachine setups Number of setups $ 180,000 300 setupsProduction design Number of products $ 94,000 2 productsGeneral factory Direct labor-hours $ 260,000 10,000 DLHsActivity Measure Product Y Product ZMachining 9,000 2,000Number of setups 60 240Number of products 1 1Direct labor-hours 9,000 1,000 helppppppppppppppppppp Consider this solution to a problem. what is the number of the step where the mistake is made? question 4 options: step 1 step 2 step 3 step 4 Which of the following would you expect to form a molecular compound?Potassium and nitrogenSodium and bromineHydrogen and sulfurIron and oxygen Exercise 2 Circle the appositive or appositive phrase in each sentence.She lives in Seattle, the capital of Washington. To make a water-insoluble substance water-soluble, a chemist could add groups with bonds between. Difference between nomads and hunter-gatherers of ancient times