In most markets, the price of labor and the price of goods and services is determined by the interactions of numerous buyers and sellers.
What is the price?
The exchange of products or services for money is known as a price. In society, there would be no marketing without pricing. The main element that impacts sales operations is the lack of exchange value of a thing or service that has been agreed upon in a market transaction.
If there is no money, the exchange of goods can still take place, but without a price.
To know more about the price, click here:-
https://brainly.com/question/19091385
#SPJ4
The conflict-handling style in which a person neglects their own concerns and allows the concerns of another to prevail is known as:________
The conflict-handling style in which a person neglects their own concerns and allows the concerns of another to prevail is known as accommodating.
Recognizing that there are four fundamental interpersonal conflict communication styles—assertive, aggressive, passive, and passive aggressive—is the first step in developing these skills.
Finding a middle ground or renouncing some of your issues while committed to those of others is the definition of the compromising style. The aim of this somewhat cooperative, moderately forceful style is to strike a balance.
Competing is aggressive; accommodating is passive and cooperative. There is a certain amount of self-sacrifice involved when someone is accommodating; they put other people's needs ahead of their own.
To learn more on accommodating
https://brainly.com/question/14397537
#SPJ4
Supply is said to be ____________ when the quantity supplied is very responsive to changes in price.
Supply is said to be more elastic when the quantity supplied is very responsive to changes in price.
What is Price elasticity?
The quantity demanded of a good or service divided by the percentage change in price is the price elasticity of demand. The percentage change in quantity supplied divided by the percentage change in price represents the price elasticity of supply.Perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary are the five major categories into which elasticities can be effectively categorised.Price elasticity quantifies how responsively a good's supply and demand are to changes in price. It is calculated by dividing the percentage change in quantity provided (or required) by the percentage change in price.Price elasticity of demand is a measurement of the change in consumption of a product in relation to a change in its price.To know more about Price elasticity visit:
https://brainly.com/question/15417641
#SPJ4
Discuss each stage of the life cycle of an insurance claim. in your discussion, demonstrate your understanding of the following terms:_____
a. claims
b. submission
c. clearinghouse
d. edi era
You can prepare for the procedure by gathering necessary documentation assembling photographs and eyewitness statements of the incident or damage, and being familiar with the subsequent steps.
What Is a Claim Under Insurance?A formal request for coverage or payment for a covered loss or other policy event made by a policyholder to an insurance company is known as an insurance claim. The insurance provider confirms the claim (or denies the claim). If it is accepted, the insurance provider will pay the insured or a recognized interested party on their behalf.
Insurance claims include everything from normal and extensive medical checkups to death payments on life insurance contracts. In rare circumstances, a third party may submit claims on the insured person's behalf. Only the person(s) named on the policy, however, are often eligible to make a claim for payments.
Learn more about insurance with the help of the given link:
brainly.com/question/8059922
#SPJ4
At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.
Answer:
The ending cash balance equals the beginning cash balance plus cash receipts occurring during the period minus cash payments occurring during the period.
The ending cash balance = $34,000 + 30,000 − 42,000 = $22,000.
Explanation
Cash on Hand is an asset account, and this means that debits raise its amount, while credits decrease that sum. Hence balance will be $22,000.
What debit balance of cash indicates ?Since actual cash payments cannot exceed the actual amount of cash on hand, the cash column of the cash book will always have a debit balance. Q. A credit balance in Mr. X's account in the bank's books is always equal to a debit balance in the bank column of the cash book.
As a result, it is argued that this account contains assets like cash, accounts receivable, inventory, prepaid expenses, buildings, equipment, and so on. For instance, a positive cash balance is indicated by a debit balance in the Cash account. (Therefore, a credit balance in Cash denotes a negative sum most likely brought on by writing checks for amounts greater than the available funds.)
A checking account with a bank that has a debit balance is one that has a negative cash balance. Such an account is referred to as being overdrawn, but it is actually not permitted to have a negative balance because the bank refuses to accept any checks that are presented against it and would result in a debit balance.
Hence the balance in cash account will be
[tex]34000+3000-42000\\= $22,000\\[/tex]
Learn more about Cash balance here
https://brainly.com/question/28873432
#SPJ2
Yolanda and wes decide to go into business together. what form of partnership arrangement can they use to limit their individual and business liability?
The form of partnership agreement that can limit their individual and business liability is a limited liability partnership.
What is a limited liability partnership?
A partnership is an agreement between two or more people who are referred to as partners who decide to come together to run a business with the aim of making profit. Partnerships have the advantage of having the ability to raise more capital than a sole proprietorship.
A limited liability partnership is a form of partnership where the liability of partners are limited to the amount of money invested in the business. This means that in the event where a business cannot meet its debt obligation, the maximum amount the partners can lose is the amount of money that is invested in the business.
To learn more about limited liability partnership, please check: https://brainly.com/question/9244934
A company pays one year of rent in advance on january 1. on january 31, the company will record an adjusting entry that will:________
If a company pays one year of rent in advance on january 1. on january 31, the company will record an adjusting entry that will: Decrease assets and increase expenses.
Adjusting journal entryAssuming company pays one year of rent in advance on january 1 which means that on january 31, the company will record an adjusting entry that will Decrease assets and increase expenses.
The adjusting journal entry for a prepaid expense will tend to decreases assets (Prepaid Rent) and as well increases expenses (Rent Expense).
Therefore on january 31, the company will record an adjusting entry that will: Decrease assets and increase expenses.
Learn more about adjusting entry here:https://brainly.com/question/13035559
#SPJ1
Many new businesses require that an entrepreneur have a certain set of knowledge, experiences, and skills to have any chance of success. this is called entrepreneurial ________.
Many new businesses require that an entrepreneur have a certain set of knowledge, experiences, and skills to have any chance of success, this is called Entrepreneurial Readiness.
Entrepreneurial Readiness: Entrepreneurial readiness is the capacity to deal with difficulty, particularly difficult circumstances that are unexpected, severe, and occasionally persistent.
Benefits of being an entrepreneur:
1)A flexible timetable.
2)Having freedom.
3)opportunity to develop a career in line with your values.
4)continued development and expansion.
5)improved managerial skills.
6)Growth in the economy.
7)Increasing the quality of life.
8)locating like-minded individuals.
Many new businesses require that an entrepreneur have a certain set of knowledge, experiences, and skills to have any chance of success, this is called Entrepreneurial Readiness.
To learn more about Entrepreneurship, visit the following link:
https://brainly.com/question/1027717
#SPJ4
Help I’ll give good pts !!!
Which action would the nurse perform when searching scientific databases for evidence? select all that apply. one, some, or all responses may be correct
The nurse would conduct Studies in nursing, allied health, and biomedicine can be found in CINAHL, PubMed gives free journal articles, and AHRQ provides clinical guidelines and evidence summaries.
Clinical practice recommendations are made in statements that aim to improve patient care. They are based on a thorough study of the available data and an evaluation of the advantages and disadvantages of various alternative care alternatives.
What do clinical guidelines serve as?
Clinical practice guidelines are "systematically developed statements to assist practitioners and patients judgments about appropriate health care for specific clinical circumstances" and are meant to provide clear guidance on how to deliver healthcare services.
To know more about clinical guidelines
https://brainly.com/question/5496881
#SPJ4
According to growth accounting studies, the most important factor in economic growth is:_______
According to growth accounting studies, the most important factor in economic growth is Capital deepening
When the amount of capital per worker in the economy rises, this is known as capital deepening. Increase in capital intensity is another name for this. The rate of change in capital stock per labour hour is frequently used to gauge capital deepening. Why does the capital market deepen?An rise in the capital-labor ratio is referred to as capital deepening. Either a rise in capital stock or a decline in the labour force might result in a greater capital-labor ratio.To Learn more about Capital Deepening, Click the links
https://brainly.com/question/27353529
https://brainly.com/question/11221053
#SPJ4
The purposes of managerial accounting are to provide useful information to aid in?
The purposes of managerial accounting are to provide useful information to aid in "calculating the costs of a company's goods and services, planning for future activities, and comparing actual to planned results."
What is managerial accounting?Managerial accounting is the method of identifying, assessing, analyzing, analyzing, and communicating financial data to executives in order to help them achieve the goals of their organization.
Some key points regarding the managerial accounting are-
Managerial accounting differentiates from financial accounting in that its intended purpose is to assist users within the organization in making well-informed strategic decisions.Unlike financial accounting, managerial accounting techniques are not governed by accounting standards.The demonstration of managerial accounting information can be tailored to the needs of the end user.Managerial accounting includes many aspects of accounting, such as product costing, financial planning, forecasting, and financial analysis.Financial accounting, on the other hand, generates and disseminates formal financial statements for mass consumption that adhere to current accounting standards.To know more about the managerial accounting, here
https://brainly.com/question/27823997
#SPJ4
questions. question numbers (1.1.1 to 1.1.5) in the ANSWER BOOK, e.g. 1.1.10 C 1.1.1 A problem-solving technique where a team of experts are given ques to obtain their opinions without bringing them to the same place. A. Force-field 8. Empty chair C. Brainstorming D. Delphi 1.1.2... is aimed at facilitating change in the business. A. Force-Field technique B. Delphi technique C. Chair technique D. Empty chair technique 1.1.3 The... can be used as a form of non-verbal communication. A. Pie chart B. Informal conversations C. Indigenous knowledge D. Panel discussions 1.1.4. Which one of the following is a research instrument? A. Market research B. Nominal group technique C. Flyer D. Questionnaire 1.1.5.... is one of the of legal requirements that a business must comply with A. National Credit Act B. Size of the business C. Legal protection D. Number of owners required
The force-field analysis method in social science offers a framework for examining the variables (or "forces") that affect a situation, originally social circumstances. It examines factors that are either promoting movement toward a goal (helping factors) or impeding that advancement (hindering forces).
Hence, Delphi, Force-Field technique, Pie chart, Questionnaire, and Legal protection. These are the answers respectively.
Learn more about Force-Field technique here:
https://brainly.com/question/28038415
#SPJ1
Over the past several decades, the role of human resource management has become more _________ and less _________.
Over the past several decades, the role of human resource management has become more focused and less outdated.
How has the role of human resources management changed?Human resources role is one that has now been altered to become a lot more strategic and aligned in regards to the business objectives.
The role has been altered so as to be able to implement some measures of talent strategies as well as support business results. Human resource professionals is now made up of a lot of roles.
Human resource managers often work together with those of departmental supervisors and top management in handling the business's most important assets which is the people.
Therefore, Over the past several decades, the role of human resource management has become more focused and less outdated.
Learn more about Human resources from
https://brainly.com/question/18882416
#SPJ1
Which type of innovation encourages employees to use their talents in innovative ways?'
The type of innovation where employees are encouraged to use their talents in innovative ways is Structure innovation.
What is structure innovation?
Structure innovation is a type of innovation where the focus is on those who make up the structure of a company - the employees.
Here the employees are viewed as the best way to make a company more effective and efficient and so they are encouraged to use the talents they have, in creative ways that will give the company an edge.
Find out more on innovation at https://brainly.com/question/19969274
#SPJ1
The presence of a financial market increases the marketability of a financial security by:________
The right response is "to lower the transaction costs associated with selling the security".
A financial market is any site or mechanism that enables buyers and sellers to exchange financial assets including bonds, shares, the various international currencies, and derivatives. Financial markets provide the link between those with funds to invest and others in need of capital.
What are securities and financial markets?A financial market is a place where individuals may exchange financial derivatives and securities for little to no cost. Stocks, bonds, raw resources, and precious metals, which are referred to as commodities in the financial markets, are some of the securities.
To know more about Financial Assets, visit: https://brainly.com/question/15071910
#SPJ4
The three services marketing are: internal, external and interactive.
a. true
b. false
It is a true statement that the three services marketing are: internal, external and interactive.
What is a services marketing?Basically, a marketing refers refers those activities a company undertakes to promote the buying or selling of a product or service. It includes the use of advertising, selling, and delivering products to consumers or other businesses; but some marketing are done by affiliates on behalf of a company.
However, the Services marketing refers to the form of marketing businesses that provide a service to their customers use to increase brand awareness and sales; it is categorized into an internal, external and interactive marketing.
Read more about marketing
brainly.com/question/25369230
#SPJ1
Consider the utility function u(x, y) = 3x y, with mux = 3 and muy = 1. is the assumption that more is better satisfied for both goods?
Yes, the assumption that more is better satisfied for both goods for the given utility function.
What is utility function?Utility in economics involves satisfying or pleasure which consumers receive from consuming a product or service. The utility function assesses consumers' desires for a specific set of goods and services.
Utility is measured in utils (the Spanish word for useful), but trying to calculate the benefit or satisfaction received by consumers is abstract and complicated to pinpoint. As a consequence, economists measure utility by observing consumer choices in light of revealed preferences. Economists then create a ranking of usage baskets from least wanted to most preferred.Ordinal utility ranks options based on choice, whereas cardinal utility tests the utility gained from a decision.Now, as per the question;
[tex]M U_x=\frac{\delta u}{\delta x}=[/tex] 3 > 0
Thus, MUx > 0.
Similarly,
[tex]M U_y=\frac{\delta u}{\delta y}=[/tex] 1 > 0.
Thus, MUy > 0.
Therefore, MUx and MUy both are greater than zero, implying that more is more satisfying for both goods.
To know more about the utility function, here
https://brainly.com/question/25077729
#SPJ4
The correct question is-
Consider the utility function U(x, y) = 3x + y, with MUx = 3 and MUy = 1. a) Is the assumption that more is better satisfied for both goods?
when local government relationships are critical to the success of international operations, the best organizational structure for a firm would be .
when local government relationships are critical to the success of international operations, the best organizational structure for a firm would be geographic regions.
A geographical organizational structure organizes people within an organization by geographic location.
This structure creates specific divisions for each location. Each division acts as if it is its own company, combining different types of personnel for various business functions.
Therefore, when local government relationships are critical to the success of international operations, they need a geographical organizational structure.
https://brainly.com/question/28518702
#SPJ4
An office holder who commits misconduct in office by doing something he or she has no right to do is guilty of:________
Malfeasance is when a office holder behaves improperly or commits misconduct by acting in a way that is against the law.
A just cause removal of an elected official by statute or recall election is frequently justified by official misconduct. Malfeasance in office is in contrast to "misfeasance in office," which is the performance of an official task without sufficient authority, and "nonfeasance in office," which is the failure to do so.
It is challenging to give a precise definition of official misconduct because numerous highly regarded secondary sources (such as books and comments) strive to identify its foundational elements based on documented occurrences.
To learn more about misconduct by office holder here
https://brainly.com/question/14476947
#SPJ4
Which checking account would be best for nathan? account aaccount baccount caccount d
The best checking account for Nathan, is account D, therefore, the correct option is D.
Among Nathan's requirements for the checking account are
Lowest costs with $300 provided for account opening (minimum balance).use of an ATMHis employer's direct depositBecause Bank A's minimum balance requirement ($500) exceeds Nathan's available funds ($300), Bank A will not be a good choice.Due to the fact that Bank B and Bank D provide the identical checking account characteristics, Bank B will not be appropriate. However, Bank D's checking account has the added benefit of 0.1% interest (interest is zero for Bank B) and may incur no monthly cost due to the availability of direct deposit from Nathan's work.
Due to its higher ATM cost ($2 per transaction compared to $0 for account D), Bank C will not be appropriate.
To learn more about Checking Account
https://brainly.com/question/14468270
#SPJ4
Complete Question
Nathan has $300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his employer offers direct deposit. Bank Account Terms and Conditions Bank A has a minimum balance of 500 dollars, interest of 0.1 percent, overdraft protection, 0 dollar ATM fee, and 0 dollar monthly fee. Bank B has a minimum balance of 250 dollars, interest of 0 percent, no overdraft protection, 0 dollars for all A B C bank A T M s, and 5 dollar monthly fee. Bank C has 50 dollar minimum balance, 0.1 percent interest, no overdraft protection, 2 dollar per A T M transaction, 10 dollar monthly fee or 0 dollars with direct deposit. Bank D has 100 dollar minimum balance, 0.1 percent interest, no overdraft protection, 0 dollar A T M fee, and 5 dollar monthly fee or 0 dollars with direct deposit. Which checking account would be best for Nathan?
Which checking account would be best for Nathan?
Account A
Account B
Account C
Account D
Answer:
D
Explanation:
A major reason that decision making is often not such a rational process is that there are:______.
The fact that there are too many steps in the decision-making process for most individuals to handle is a big factor in why decision-making is frequently not such a reasonable process.
The opposite of intuitive decision-making is rational decision-making. It follows a rigid process based on logic and objective information. It entails identifying the issue that needs to be resolved, collecting data, identifying options and outcomes, analyzing them, taking into account all the connections, and making a decision. Fundamentally, decisions are the outcome of certain thought processes. Good judgments are frequently deemed reasonable even when they are not always conclusions of the inferences or alternatives best valued according to relevant criteria in a context. The information that decision-makers do have is frequently inaccurate and incomplete, and they do not have access to all information that may be important to the choice. Decision-makers have weak computational and analytical skills.
Learn more about decision-making:
https://brainly.com/question/13244895
#SPJ4
According to the text, spreadsheet packages are used by virtually every business for _______________.
An operating system performs three primary tasks: managing the computer's resources, including the CPU, memory, disc drives, and printers; creating a user interface; and running and supporting application software.
Application software that is used to complete routine tasks, such word processing, is referred to as general purpose software.
A general purpose software application is software that has been created to use a computer system to complete common or general tasks for users. Word processing, spreadsheet, and photo editing software are among examples.
The operating system's service maintains track of which users are using what resources—and how much—for accounting purposes as well as to compile consumption data.
To learn more on application software
https://brainly.com/question/4560046
#SPJ4
The product of one and four thirty-seconds and twenty thirty-seconds is ________.
2,902,900 seconds or 806.3611111111 hours or 33.5983796296 days
What should the management of sports products, inc., pursue as its overriding goal? why?
The management of sports products, inc., pursue as its overriding goal as "the primary goal of the firm should be to maximize shareholder wealth, which means maximize share price."
What is share price?A share price, also known as a stock price, is the cost of purchasing one share of a company.
Some key points related to share price are-
A share's price is not fixed and varies as according market conditions. It will most likely rise if the business is thought to be doing well, and fall if the business fails to meet expectations.Share prices are initially determined by a company's initial public offering (IPO), where the price of one share is set based on the perceived supply and demand for that company's stock. Prices are typically set by a bookrunner, who is a lead manager hired specifically to assist the company in determining a suitable price for its IPO.To know more about the share price, here
https://brainly.com/question/28143339
#SPJ4
how is accounting knowledge beneficial to different business majors? accounting knowledge helps .
Accounting plays an important role in running a business because it helps you track income and expenditures, ensure statutory compliance, and supply investors, management, and government with quantitative financial information which might be utilized in making business decisions.
There are three key financial statements generated by your records. The profit-and-loss statement provides you with information about the profit and loss. The record gives you a transparent picture on the financial position of your business on a selected date. The income statement could be a bridge between the profit-and-loss statement and record and reports the cash generated and spent during a particular period of your time. It is critical you retain your financial records clean and up thus far if you would like to stay your business afloat. Here are just some of the explanations why it's important for your business, big or small.
Learn more about Accounting benefits.
https://brainly.com/question/25746199
#SPJ4
What major road (just south of the youngstown state university campus) is an abandoned rail line? please include the compete name for full credit.
Pittsburgh & Lake Erie Railroad Gateway Yard major road (just south of the Youngstown state university campus) is an abandoned rail line.
What is railroad?
The term “railroad” refers to a defunct rail track. The railroad's track does not change and is permanent. In the seventeenth century, the railroad brought England into the world. Two parallel lines are permanently installed on the railroad track.
The Pittsburgh and Lake Erie Railroad was located in Youngstown, Ohio, and is an abandoned rail line. It was the development of 1957. Gateway Yard was in charge of this central location of the railroad.
As a result, P&LE was the is an abandoned rail line.
Learn more about on railroad, here:
https://brainly.com/question/513966
#SPJ4
In job order costing, the journal entry for the flow of direct materials into production consists of a group of answer choices debit work in process, credit materials debit work in process, credit supplies debit materials, credit work in process debit factory overhead, credit materials
In job order costing, the journal entry for the flow of direct materials into production is Debit work in process, credit materials.
When clients purchase discrete, tiny quantities of goods, a mechanism called job order costing is used. This approach establishes the cost of each particular product and makes sure that it is affordable enough for a client to buy it while yet enabling the business to turn a profit.
The cost of the partially finished products is tracked using the asset account known as the work-in-process inventory account. The value of the WIP inventory that was accessible at the beginning of the accounting period is included in the work-in-process inventory account.
Credit Materials are the references and attributions that include the appropriate symbols, graphics, and text that designate a Party as the creator of the Content (where applicable).
To learn more about job order costing
https://brainly.com/question/14930550
#SPJ4
Speedy has net income of $20,955, and assets at the beginning of the year of $202,000. assets at the end of the year total $248,000. compute its return on assets.
Return on assets is mathematically given as
RA= 9.31%
This is further explained below.
What is the Return on assets?Generally, the equation for Average assets is mathematically given as
AA = (Beginning total assets +Ending total assets ) ÷2
Therefore
AA = (248000+202000)÷2= $225,000
Generally, the equation for Return on assets is mathematically given as
RA=20,955.00/225,000.00 *100
RA= 9.31%
In conclusion, Return on assets is mathematically given as
RA= 9.31%
Read more about Average assets
https://brainly.com/question/28192488
#SPJ1
An e-business revenue model that involves users paying a fee for using protected intellectual property is called __________.
An e-business revenue model that involves users paying a fee for using protected intellectual property is called licensing.
What is licensing in e business?This is the term that is used to refer to the permission that the people that carry out businesses using the online web would have in order to use properties of others to do their job.
It is required that all businesses have the required and the needed licenses to operate. Hence we can say that an e-business revenue model that involves users paying a fee for using protected intellectual property is called licensing.
Read more about e-business here: https://brainly.com/question/13165862
#SPJ1
The textbook suggests that consumers are best able to choose from among the wide variety of otc products by?
According to the textbook, knowing which trustworthy manufacturers there are will help buyers make the best decision among the large range of otc items.
A manufacturer is a company or person that creates items, according to the definition. An illustration of a sneaker manufacturer is the business that creates a certain brand of sneakers.
Who is known as the manufacturer?
A manufacturer is a person or business that creates finished products from raw materials using a variety of tools, equipment, and procedures, and then sells the products to consumers, wholesalers, for the production of more complex products, distributors, merchants, or other producers.
To know more about manufacturer
https://brainly.com/question/26320301
#SPJ4
