5 years long will it take for the Gdp of California to double. round your answer to one digit after the decimal.
What is a simple definition of GDP?
GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period (say a quarter or a year). It accounts for all the output produced inside a nation's boundaries.How the GDP is calculated?
GDP is calculated as private consumption plus gross domestic product plus government investment plus (exports – imports). The country's national statistical office often uses the international standard to compute GDP.Number of years to double = 70/annual growth rate
Number of years to double = 70/14%
Number of years to double = 5 years
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Aligning the firm's philosophy with that of a potential channel partner would be identified in the channel strategy of ________.
Aligning the firm's philosophy with that of a potential channel partner would be identified in the channel strategy of "Character."
What is channel strategy?A channel strategy is a strategy used for a vendor to keep moving its product or services to the end buyer by utilizing the chain of commerce.
Some key points related to channel strategy are-
A product or service is moved from vendor to the customer via channel partners, according to the vendor's plan. Channels perform two distinct functions. One function is to sell a service or product while the other is to provide a customer experience. To sell goods and services, businesses employ a channel distribution strategy that encompasses both direct and indirect channels.A distribution channel strategy is the ideal method for promoting the products, facilities, and brand identity.For example, if you own a small business with simple as well as small products that don't require much support, such as a stationery shop, users can use simple digital and traditional marketing techniques. If, on the other hand, you run a brick-and-mortar store or another type of large manufacturing firm, you may require resellers and channel members to expand your sales channel strategy.To know more about the channel strategy, here
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Kelly's company is selecting a manager to expand operations in china. kelly's boss says the new manager must display high cultural intelligence. what would most likely help kelly get the job?
If Kelly's company is selecting a manager to expand operations in china. kelly's boss says the new manager must display high cultural intelligence. what would most likely help kelly get the job is: displaying appreciation for diversity.
What is cultural intelligence?Cultural intelligence can be defined as the ability of a person to know about different culture and to as well adapt and relate with people that are of culture that is different from theirs.
Based on the scenario kelly can get the job if he display the appreciation for cultural diversity which will inturn enables the recruiter known that kelly has knowledge about other cultures.
Therefore if Kelly's company is selecting a manager to expand operations in china. kelly's boss says the new manager must display high cultural intelligence. what would most likely help kelly get the job is: displaying appreciation for diversity.
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An individual knows that a product exists, but has little information regarding the product and does not seek additional information. in what stage of the product adoption process is that person?
Awareness is the stage of the product adoption process for that person.
What is a product?The object being sold is referred to as a commodity. A company or perhaps an object both qualify as products. It could take on a tangible, digital, or electronic form.
Awareness of a product means the person is getting all the information that is related to the product which can be related to the content price use or even just the name of the product is enough to create awareness, sometimes it is done with the help of advertisement. Any commodity has expenses involved with it, and everyone has pricing.
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________ growth makes sense when good opportunities can be found outside the present businesses.
Diversification growth makes sense when good opportunities can be found outside the present businesses. Diversification implies bringing down your gamble by spreading cash across and inside various resource classes, like stocks, bonds and money.
What does Diversification means?Diversification is a corporate methodology to go into another items or product offerings, new administrations or new business sectors, including significantly various abilities, innovation and information.
In effective money management, diversification is the demonstration of putting an in a wide range of resources. Diversification means to lessen the general gamble of a speculation portfolio without decreasing the bring likely back.
Diversification is a strategy that lessens risk by designating ventures among different monetary instruments, enterprises and different classes. It expects to boost return by putting resources into various regions that ought to each respond diversely to changes in economic situations.
Therefore diversification alludes to the improvement of new items and administrations that are like the ones you as of now sell.
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When the market price of a good increases, the amount that sellers are willing to offer for sale increases. True or false?.
When the market value of a good increases, the quantity that sellers are willing to offer for sale increases. This statement is true .
Elaborate:
Prices that are raised normally cause reduced demand while people who are raised typically cause higher supply.Although the impact on the equilibrium quantity can't be determined, an increase in demand and a decrease in supply will result in an increase in the equilibrium price.
Consumers now place a better value on goods, and producers must charge a better price to offer the goods; as a result, prices will rise for all quantities.
What is market price?
The market value is the current price at which a good or service can be purchased or sold. The market value of an asset or service is determined by the forces of supply and demand; the price at which quantity supplied equals quantity demanded is the market price.
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A positive operating cash flow indicates that the firm is generating enough cash to?
A positive operating cash flow indicates that the firm is generating enough cash to pay operating costs.
What is operating cash flow?Cash flow is the flow of cash and cash equivalent in and and out of a business. The three types of cash flows are investing cash flow, operating cash flow and financing cash flow.
Operating cash flow is the net amount of cash generated from a company's normal business operation . When the operating cash flow is positive, it means that the revenue that the business earns is greater than the cost used in running the business. The operating cash flow is the first section presented on the statement of cash flows.
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True or false? friction can be used to describe challenges that hold back your internal teams as well as challenges that hold back your customers
'The Statement is True.
Friction can be used to describe challenges that can hold back your internal teams as well as challenges that hold back your important customers.
The concept of business friction is not come to be new since it is anything that can prevent and dissuades each and every customer from buying your desired products as well as services. On behalf of the customers, friction can be considered as very long wait times for the activity of holding and those particular products that are in a number of out of stock or having any kind of bad experience with a website of a specific company.
In order to remove friction internally, you need a clear evaluation of how teams gonna work together, processes their work, and how accessed data flows. It can remove all kinds of obstacles that can prevent us from getting any critical stuff to be done. We should have a look both at how a business runs well and the one who is running any business.
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What specific information on the performance evaluation is used to compute a sailors mark average?
Trait Average is the specific information on the performance evaluation used to compute a sailor's mark average.
In order to calculate the Performance Evaluation Promotion Points or PMA which is called performance mark average used as one can simply use the average of the particular ratings received while it is in the current paygrade. Then add up the marks received in the current paygrade after that then divide by the total number of evaluations done.
Thousands of Sailors are involved in taking the advancement exams twice a year and are awaiting the results of those exams takes place twice a year. The results of these exams will be determining their own careers, and also thus their intentions.
Whenever many Sailors will advance, unfortunately, the actual thing happening as some will not. The most important thing for the case of Sailors is that they did not advance in this cycle which is to understand so as why they did not advance, and also in what areas they can strengthen themselves for the next cycle. Every Sailor who took an exam will be having a profile sheet so that they can also review it.
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Where are newly issued securities sold?
A. issuance market
B. secondary market
C. primary market
D. securities and exchange market
The newly issued securities sold at C. primary market.
Where are newly issued securities sold?
New securities are been created and sold to investors for the first time using the exchange that is been done in the primary market.
It should be noted that once this done , the investors trade these securities on the secondary market, however the primary market is also known as the new issues market whereas the secondary market is been described as one where stock market or stock exchange.
Hence , newly issued securities sold at C. primary market.
Therefore, option C is a correct.
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Studies reveal that over one-half to two-thirds of acquisitions are failures primarily because?
Studies reveal that over one-half to two-thirds of acquisitions are failures primarily because the premiums paid were too high for the firm to earn their cost of capital.
What is an acquisition in business?
An acquisition is when one company purchases all of other company's shares to gain control over that company.Buying more than 50% of a target firm's stock and other assets allows the acquirer to take control about the newly acquired company assets without the recognition of the company's other shareholders.
What makes a good acquisition?
Before making an acquisition, it is important for a company to evaluate whether its decision is a good candidate. A good acquisition person is priced right, has a affordable debt load, minimum litigation and transparent financial statements.
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Finding the best name is part of __________, and it begins with a careful review of the product and its benefits, the target market, and proposed marketing strategies.
The best name is part of brand positioning and it begins with a careful review of the product and its benefits, the target market, and proposed marketing strategies.
How critical is brand positioning?In order to buy a present for a coworker, where would you go. Amazon or a traditional retail store. Excellent examples of brand positioning strategies are the first ideas that come to mind. They understand how to do it well, which is why such companies have a position in your mind.
Brand positioning may appear to be a mystical concept built into your business by design, but this is not the case. It requires upkeep and sometimes revision.
It's a carefully thought-out strategy that brings your company's vision, identity, objectives, and product image together to give you a prominent position in the market. It also aids in developing and preserving your reputation and brand.
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Under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time. True or false?.
It is false that under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time.
What is accrual-basis accounting?In the world of finance, accrual refers to the process of accumulating interest or various investments together over time.When a transaction is documented as having occurred rather than when a payment is made or received, this accounting method is known as accrual accounting. According to the matching principle, income and expenses should be recorded in the same period, and this is how the approach operates.Any income made or expense incurred for which money has not yet been exchanged requires accruals. By including relevant information regarding recently extended short-term credit to consumers and upcoming liabilities owed to lenders, accruals enhance the quality of the information on financial statements.Learn more about accrual accounting here:
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When an accountant is not independent, the accountant may issue a(n) ___________? audit report. review report. agreed-upon procedures report. compilation report.
When an accountant is not independent, the accountant may issue an audit report.
What Is an Audit?The term audit which can as well be used as financial statement audit serves as the objective examination as well as evaluation of the financial statements of an organization so as to know how the financial records are fairing.
This process help with the accurate representation of the transactions they claim to represent, hence When an accountant is not independent, the accountant may issue an audit report.
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What is the board primarily looking at when investigating any prospective purchaser?
When evaluating any potential buyer, the board focuses primarily on cash flow.
Cash flow is the net amount of cash and cash equivalents coming into and going out of a business. Inflows are represented by money received, and outflows are represented by money spent.
Ability to generate positive cash flows, or more specifically, potential to maximize long-term free cash flow, is ultimately what determines a company's ability to create value for shareholders . After deducting any funds used for capital expenditures, a company's free cash flow is the cash it generates from its regular business activities .
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Which type of natural disaster has been the most expensive in terms of insurance losses?
Hurricane has been the most expensive in terms of insurance losses.
Hurricane Katrina struck US fifteen years ago, causing considerable casualties and destructive harm. Hurricane Katrina remains an important turning point for reinsurance. It is the costliest natural disaster for the world to date and the insurance business.
The insurance and reinsurance industries were significantly impacted by Hurricane Katrina. It is believed that Katrina caused economic losses of more than USD 160 billion. Private insurance providers paid USD (2005) 41 billion on 1.7 million claims (2020 USD) for property damage to homes, businesses, and automobiles in the US. Additionally, insurers paid an additional USD 8 billion for damage to Gulf of Mexico offshore energy infrastructure. These losses, together with losses to the Federal Reserve of USD 16.3 billion from publicly insured National Flood Insurance Program of the Emergency Management Agency (FEMA NFIP),
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Of the following types, the last objectives that a firm should specify are its ________ objectives.
a) promotion
b) company
c) marketing
Of the following types, the last objectives that a firm should specify are its Advertising objectives.
What are the Objectives of firm?Firms are legal entities that work to offer goods and/or services to their customers, government agencies, and other enterprises.
Profit in economics refers to the returns that exceed the opportunity cost. It is also known as the pure profits.
Most businesses' primary goal is to maximize profits. They can reinvest it, increase dividends, reward entrepreneurship, and so forth.
When the marginal cost equals the marginal revenue, profit maximization occurs. When the average cost equals the average income, which is also breakeven, the goal of sales maximization is attained.
When the marginal revenue is equal to zero, revenue maximization happens. The notion of satisficing refers to forsaking earnings in order to please as many essential stakeholders as feasible.
The separation of ownership and control is also known as the Principal-Agent issue.
Complete Question :-Of the following, the last objectives that a firm should specify are its _______ objectives .A) marketing objectives.B) promotion objectives.C) company objectives.D) advertising objectives.E) price objectives.
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Green tea oreos in china, chocolate and peanut butter oreos in indonesia, and banana dulce de leche oreos in argentina are examples of kraft using ________ strategy.
Green tea oreos in China, chocolate and peanut butter oreos in indonesia, and banana dulce de leche oreos in Argentina are examples of kraft using multidomestic strategy.
What is multidomestic strategy?Multidomestic refers to a group of strategies used by companies that run operations concurrently in several countries. As their operations grow into overseas markets, smaller businesses will naturally behave differently than their larger rivals, with many of them choosing a multidomestic strategy.
A business approach that enables different subsidiaries of a multinational organization to compete independently in different domestic markets.
Thus, it is multidomestic strategy.
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Thomas collects dimes and quarters in his change jar. if he has 4 more dimes than quarters, and the total amount of money in the jar is $26.30, find the number of each type of coin in the jar?
There are 75.29 quarters and 79.29 dimes in the jar.
Given,
In his change jar, Thomas collects dimes and quarters.
So if he has 4 more dimes than quarters, and the total amount of money in the jar is $26.30
Thus,
Let, x be the number of dimes.
And y be the number of quarters.
If Thomas has 4 more dimes than quarters,
y = x + 7
On the other hand, the total amount of money in the jar is $26.30.
0.24x + 0.10y = 26.30
Substitute the value of y in the given equation 2
0.24x + 0.10y = 26.30
0.24x + 0.10 (x+7) = 26.30
0.24x + 0.10x + 0.7 = 26.30
0.34x = 26.30 - 0.7
0.34x = 25.6
x = 25.6 / 0.34
x = 75.29
Substitute the value of x in the given equation 1
y = x + 4
y = 75.29 + 4
y = 79.29
Hence, there are 75.29 quarters and 79.29 dimes in the jar.
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If barbara is only able to purchase 20 bags of chocolate-covered peanuts, the maximum price she is willing and able to pay for each bag is ________ cents.
Based on the fact that Barbara is only able to purchase 20 bags of chocolate-covered peanuts, the maximum price she is willing and able to pay is $0.70.
What is the maximum price Barbara is willing to pay?The maximum price that Barbara is willing and able to play is the price that tallies with the number of bags of chocolate-covered peanuts that she demands per month.
Barbara demands 20 bags of chocolate-covered peanuts which means that the maximum she is willing to pay from the table is $0.70.
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Tyra makes $21.40 per hour at her job for the first 40 hours and $32.10 for anything over 40 hours. if tyra typically works 45 hours per week, how much does she earn?
If Tyra typically works 45 hours per week, Tyra is paid $1016.5.
Tyra's pay at her employment is $21.40 for the first 40 hours and $32.10 for any further hours. If Tyra usually puts in 45 hours a week. Work overtime for Tyra is 45 minus 40 = 5 hours.
Tyra makes $40 for the first 40 hours since 40 x 21.40.= $ 856
Tyra makes $5 x 32.10 for work beyond 40 hours = $160.5
The sum of Tyra's earnings is equal to her earnings for the first 40 hours plus her earnings for any additional hours.
Adding the values from the previous, Tyra receives $1016.5
The Tyra thus receives $1016.5.
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Modern marketers use blank______ to focus how they approach their customers and market their products.
Modern marketers use blank data analytics to focus how they approach their customers and market their products.
What is data analytics?Data analytics is the study of examining unprocessed data to draw inferences about that data. Numerous methods and procedures used in data analytics have been mechanized into mechanical procedures and algorithms that operate on raw data for human consumption.
The phrase "data analytics" is wide and includes a variety of different methods of data analysis. To gain knowledge that may be used to improve things, any sort of information can be submitted to data analytics techniques.
Data analytics methods can highlight measurements and trends that would otherwise be buried in the sea of data. A business or system's total efficiency can then be raised by using this information to optimize processes.
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When p.c. logic, a fax machine manufacturer, purchases ceramic printing heads from kyocera to install in its fax machines, it is acting as a(n):_________
When p.c. logic, a fax machine manufacturer, purchases ceramic printing heads from kyocera to install in its fax machines, it is acting as a(n): original equipment manufacturer..
Who is a manufacturer?A manufacturer or a producer can be defined as someone that produce goods or product by turning raw materials into finished goods or product.
P.c. logic is acting as the original equipment manufacturer because he was a manufacturer of the fax machine.
Therefore When p.c. logic, a fax machine manufacturer, purchases ceramic printing heads from kyocera to install in its fax machines, it is acting as a(n): original equipment manufacturer..
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The fact that the value of a company such as ebay increases as more people join and use ebay is characterized as the __________.
The fact that the value of a company such as eBay increases as more people join and use eBay is characterized as the Network effect.
What is the Network effect?The network effect is used to refer to instances where companies become more valuable when there are more people using the company's services and products.
This is especially common with E-commerce websites like eBay which became more valuable as more people both sold goods on it, and bought from it as well.
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When a company's receivables are used as security for a loan, the company is said to have _____ its receivables. multiple choice question. sold pledged secured factored
When a company's receivables are used as security for a loan, the company is said to have pledged its receivables.
Accounts receivable pledging occurs only when any business uses its accounts receivable asset as collateral on any loan, generally a line of credit.
When accounts receivables are used in this given manner, the lender only limits the amount of the loan to either:
70% to 80% of the total amount of outstanding accounts receivable or
a percentage of the accounts receivable which declines based on the age of the receivables.
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A ________ is a measuring system that quantifies a trend, dynamic, or characteristic and is used by marketers to help explain why things happened and also to predict the future.
A metric is a measuring system that quantifies a trend, dynamic, or characteristic and is used by marketers to help explain why things happened and also to predict the future.
What is a metric?
This is the term that is used to refer to what is used to measure all forms of quantitative measurements. They are used for the tracking of performance and they can also show production. It would be used in financial analysis and in other forms of mathematics.
Hence we can say that a metric is a measuring system that quantifies a trend, dynamic, or characteristic and is used by marketers to help explain why things happened and also to predict the future.
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_____ are organizations formed by individuals or businesses with similar interests to achieve greater economies of scale and economic power through collective ownership.
The answer is :- Cooperatives.
Cooperatives are groups created by people or companies with related goals in order to use collective ownership to achieve greater economies of scale and economic power.
What is "Ownership"?People frequently use the word "ownership" in the workplace. Usually, and regrettably, this occurs when there is a lack of ownership on the part of the individuals. What do we mean, though, when we claim that someone is (or is not) taking ownership of something ownership We'll look at the idea of ownership in a number of pieces because it's crucial in any workplace. In this article, we will first clarify what we mean by ownership. In our next post, we'll go through why a lack of ownership is so harmful to organizations. We'll wrap off by discussing how businesses and managers can encourage employee ownership.
Being responsible for something and seeing it through to completion is what ownership entails.
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After the first two closing entries have been journalized and posted, the balance in income summary is equal to?
After the first two closing entries have been journalized and posted, the balance in income summary is equal to Service revenue
The money a company makes from providing services is known as service revenue. It encompasses any service that the company offers, regardless of whether the client makes a payment. Revenue from services excludes items like interest or a shipment of products. It largely focuses on the company's offerings.
The amount of income a business generates through the sale of services during a specific time period is indicated by service revenue. It does not, however, provide information regarding their revenue.
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What is a strategic business unit (sbu)? how does strategic planning differ at the corporate and the sbu levels?
Divisions that operate independently from one another and are built on certain goods or brands. These units inside the company each have their own goals, management, resources, and rivals.
A corporate mission is set by senior managers for the entire organization.
The company's top managers then assess the business's internal and external environments and establish corporate-level objectives that direct decision-making inside each distinct SBU.
If the company is large enough to have separate SBUs, each SBU will have its own goals that are pertinent to its operations while also being closely related to the corporate goals.
What is a SBU?An SBU, or strategic business unit, is a fully operational part of a company with its own mission and goals.
A strategic business unit is typically run independently, but it is also an essential component of the corporation. It informs the administrative center of its functioning condition.
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True or false: it is recommended to minimize interruptions in cpr for pulse checks and shocks.
The statement "it is recommended to minimize interruptions in CPR for pulse checks and shocks." is TRUE. Option A
This is further explained below.
What is CPR?Generally, In an effort to manually maintain intact brain function while additional steps are taken to reestablish spontaneous blood circulation and respiration in a person who is experiencing cardiac arrest, cardiopulmonary resuscitation, or CPR, is an emergency procedure that involves chest compressions that are frequently combined with artificial ventilation.
In conclusion, It is suggested to minimize pauses in chest compressions for pulse checks and shocks. The remark that "this should be done only when needed" is accurate.
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People with an internal locus of control don't react well to close supervision, so managers should:________
People with an internal locus of control don't react well to close supervision, so managers should give them a considerable voice in how work is performed.
Who are managers?A general manager (GM) is in charge of all or a portion of the activities carried out by a department or by the entire business, including raising money and keeping expenditures under control. One of the senior executives in small businesses might be the general manager. GMs are placed behind corporate-level leaders in hierarchical organizations but above the majority of employees. Depending on the organization's structure, each company may have a different level of responsibility and importance attached to a certain position.
Lower-level supervisors are supervised by the GM. These lower-level managers may oversee a number of lesser departments, but they still answer to the GM. The GM provides each department head with clear instructions. A general manager is responsible for this oversight, including the hiring, development, and coaching of lower-level managers.
Thus, In addition to offering strategic plans for the organization based on company goals, the GM may set incentives for employees and evaluate the effectiveness of departments.
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