Understanding the external business environment requires marketers to be aware of:____,

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Answer 1

Understanding the external business environment needs marketers to be aware of differences in the law that impact how business is conducted.

What is External business environment?

Customers, competition, economy, technology, political and social conditions, and resources are common external factors that influence the organization. Even if the external environment occurs outside an organization, it can have a significant influence on its current operations, growth and long-term sustainability.

The environment offers a variety of opportunities, therefore it's important to recognize them if you want to boost a company's success. Early identification gives an opportunity to a company be the first to identify opportunity instead of losing them to competition. Hence, Understanding the external business environment needs marketers to be aware of differences in the law that impact how business is conducted.

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Related Questions

When it comes to fairness and honesty, what two things are expected of businesses?

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When it comes to fairness and honesty two things are expected of businesses :

follow applicable laws and regulations made . avoid harming customers, employees,  & clients or competitor

What is the meaning of fairness in Business ethics?

Fairness is concerned with decisions that are ethically correct, just, and equitable in their outcomes. Fairness is a virtue that essentially sets moral guidelines for decisions that have an impact on other people. Fair decisions are reached using the proper procedures and standards.

Why is honesty and fairness important in business?

Since it establishes the tone for the type of workplace culture you want to foster, ensures consistency in workplace behavior, and fosters customer and prospect loyalty, honesty may be a crucial aspect of a firm.

Equity, respect, justice, and stewardship of the common world, both among people and in their relationships with other living things, are characteristics of fairness.

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You are an occupational health nurse in a large ceramic manufacturing company. how would you intervene to prevent occupational lung disease in the employees of the company?

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As a health nurse here are some prevention methods for lung diseases for the people that work in ceramic industry that everyone should be aware of:

Make sure to use a ceramic mask when you are working or mixing the clay to make sure you do not inhale any fine particles.At all costs unnecessary exposure to the dust should be avoided as these dust particles when inhaled decrease the lung capacity.Do not eat or drink at your working place as these will again go through your system leading to any damages.Always be aware of the ingredients that are using if they are harmful the management should be made aware so that it doesn't harm when working with them.Good and clean working environment with a flow of fresh air should be insured.

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Payments for advertising, equipment repairs, utilities, and rent are liabilities. True or false?.

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Payments for advertising, equipment repairs, utilities, and rent are liabilities: False.

What is liability?

In Financial accounting, liability can be defined as the amount of money that is being owed by an individual or organization to another. This ultimately implies that, liability is a debt being owed and as such, it usually has "payable" in its account title on the balance sheet.

What is an expense account?

An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.

In Business management, some examples of an expense account include the following:

RepairsAdvertisingRentInterestUtilities

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According to the residual dividend model, what takes priority over distributing dividends? establishing a target payout ratio financing planned projects paying off debt increasing share price

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The approach to residual dividend policy is based on the idea that a company's ideal distribution strategy depends on its intended capital structure, its investment prospects, and the cost and availability of outside capital. On the basis of the residual earnings, the company distributes money.

What Is a Residual Dividend?

The amount of dividends given to shareholders under a residual dividend policy is equal to the profits remaining after the company has paid for its capital expenditures and working capital expenses. Companies that follow a residual dividend policy employ available revenues to pay dividends to shareholders before funding capital expenditures. As a result, each year's dividend payments to investors will differ in size.

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A company may properly classify an asset that provides benefits for 15 months as a current asset if:______

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A company may properly classify an asset that provides benefits for 15 months as a current asset if the asset's useful life cannot be separated into time segments.

How Do Current Assets Work?

All assets possessed by the company that can be turned into cash within a year are recorded in the Current Assets account, which is a line item on the balance sheet under the Assets heading. Current assets are items whose value is shown in the Current Assets account.

Cash, cash equivalents, receivables, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets. Current Accounts are another name for current assets.

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Primo remo cars recalled one of its car models after it learned about a defect in its engine. by doing so, it met all the expectations of its customers. this is an example of a:___________

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This is an example of a Accommodative strategy  According to the definition of an accommodating approach, management may see CSR activities favorably and be prepared to partake in them to some extent or to allocate some corporate funds to them.

The Age of Greed is characterized by defensive corporate sustainability and responsibility (CSR), in which all corporate sustainability and responsibility practices, which are typically limited, are only implemented if and when it can be demonstrated that shareholder value will be preserved as a result.What does tolerant social responsibility entail?The tactic of accommodating social responsibility is employed when a business decides to take ownership of certain issues and initiate solutions.

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The price of computers has fallen each year for the last 30 years. this is probably an example of the working of:________

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Over the last 30 years, the cost of computers has decreased annually. This is possibly an illustration of how the economic force operates.

How does the economic force work?

Economic conditions and commercial markets don't exist in a vacuum. Other factors have a direct impact on local and global economic conditions. Economic forces include elements like monetary and fiscal policies, interest rates, employment rates, inflation rates, demographic shifts, political shifts, energy, security, and natural disasters.

Each of these has an immediate impact on the manufacturing and distribution processes used by firms. The economy reflects how these business-related economic forces are playing out.

The following four major economic trends or forces have an impact on contemporary business markets:

Government involvementWorldwide business transactionsPossibilities and anticipationProduct supply and demand.

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To offset taxable income in a given year, ordinary corporate operating losses can be:_______

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Ordinary losses equal ordinary gains in a one-to-one ratio. A capital loss may not exceed $3,000 in total and may only be used to offset a capital gain. It is necessary to carry over the remaining capital loss to a subsequent year.

If you have gross losses to offset any taxable capital gains, you can lower their value in any amount. For instance, if you have a $16,000 gain and a $20,000 loss, you can deduct the maximum $3,000 from your taxes this year and the remaining $1,000 in a subsequent year.

According to a general guideline for corporation tax planning, businesses prefer to have both ordinary losses and capital gains income because the former can be used to offset the latter.

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Thomas co. sold $1,000 worth of merchandise on a bank credit card less a 3ee. the entry to record the sales transaction would include a debit to cash in the amount of?

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The amount of the sales transaction would include a debit to cash is $970.

How is the percentage determined?The percentage is a value that has been multiplied by 100. In this manner, expressing 25% of a value is equivalent to expressing 25% out of 100, or 25% divided by 100. Simply multiply the total by the percentage to determine the precise number of absentees from the event.

So: 160 x 25% = 160 (25/100) = 160 x 0.25 = 40

This is so that the cash sum received will be equal to the sales values multiplied by one less the credit card fee.

1000 x (1-0,03)

1000 x 0,97 = 970$

So, the amount of debt to cash that would entry to the record sales would be 970$.

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You can introduce new research material in your recommendations chapter. True / false

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True. You can introduce new research material in your recommendations chapter.

Documents, records, software, information, data, and other physical work products created or developed during the course of, or in connection with, the research activity are referred to as research material.

Materials and procedures

One of the most crucial criteria used to assess the paper's overall quality is the study's methodology. The Methods section should also provide readers with enough details so they can replicate the studies. Reviewers should search for areas where greater justification is required as well as potential sources of bias in the study's planning and execution.

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Discount coupons, contests, or rebates are examples of special incentives that are often used in ______.

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Discount coupons, contests, or rebates are examples of special incentives that are often used in consumer sales promotions.

What happens in consumer sales promotions?

When a company wants to entice consumers to spend more on products, they embark on consumer sales promotions.

These consumer sales promotions will be garnered at making customers feel like they are saving on costs to buy goods and services. They include things like discount coupons, rebates, and contests to get more goods at low or no prices.

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The growth area of the nail is the:________
a. nail body
b. lunula
c. nail bed
d. cuticle
e. nail tip

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The nail grows in the nail bed or nail matrix.

Your fingernails and toenails begin to develop in the nail matrix. Your nails are made of the new skin cells that the matrix makes, which push away the old, dead skin cells. In comparison to toenails, fingernails develop at a 3-millimeter monthly pace. A fingernail grows from the root to the free edge in six months. 1 One millimeter every month is all that the toenails grow at a considerably slower rate. A toenail takes 12 to 18 months to develop from the base to the tip.

Your fingernails and toenails begin to develop in the nail matrix. Your nails are made of the new skin cells that the matrix makes, which push away the old, dead skin cells. Behind and below the nail's base lies the nail matrix. The proximal nail fold, a skin fold, serves as its defense. The skin in this region extends from the last finger or toe joint to the end of the visible nail. This edge is frequently mistaken for the cuticle.

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An important issue for consumers is conformance, which is the product's ability to ________.

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An important issue for consumers is conformance, which is the product's ability to - Deliver on features and performance characteristics promised in the marketing communications.

Marketing communications

The four main components of a marketing strategy are product, pricing, place, and promotion, often referred to as the marketing mix or the marketing four Ps. The following four components of the marketing mix can assist a business in raising the possibility that customers will see and buy a product:

Product: A consumer's need or desire must be satisfied by the good or service being sold.

Price: A product should be offered for sale at a price that is appropriate for consumer expectations—not too high or too low.

Promotion: To understand how the product satisfies the requirements or wishes of the public, the public must be informed about the product and its attributes.

Place: For maximum sales, it's crucial to consider the product's selling point.

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Closing entries move the balances from the ______ accounts into the retained earnings account.

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Closing entries transfer the balances from the Temporary accounts into the Retained Earnings account.

What are closing entries?

Closing entries journal entries are utilized to empty temporary accounts at the end of a reporting period and share their balances into permanent accounts.

A closing entry is a journal entry created  at the end of the accounting period. It concerns shifting data from temporary accounts on the income report to permanent accounts on the balance sheet.

A temporary account is a statement that is closed at the end of every calculation period and starts a new term with a zero balance.

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Connor and demi are employees of ecocrop corporation. under the equal pay act, ecocrop can legitimately pay different wages on the basis of:_________

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Connor and demi are employees of Eco crop corporation. under the equal pay act, Eco crop can legitimately pay different wages on the basis of seniority.

What is a Wages?

A wages is the amount of money that an employer agrees to pay a worker in exchange for their services. Actual earnings come in a variety of forms, including the following:

Piece rates are the remuneration given in accordance with the job completed by the employee. The quantity of units generated by the employee is taken into account while calculating the piece rate.Time earnings are earned when a worker is compensated for his or her labor in accordance with the passing of time. For instance, time wages would apply if the worker received 35 rupees  per day.

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The fixed assets turnover ratio of gd products is 13.6 and that of its competitor, ap goods inc., is 6.0. what does this financial data primarily imply?

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In comparison to its rival, AP Goods Inc., GD Products Inc.'s receivables turnover is 13.6 compared to 6.0. This financial information primarily suggests that GD Products collects receivables more quickly than AP Goods.

Financial data is information about a person's or an organization's financial transactions. Both creditors and lenders utilize this data to determine the credit risk.

What makes financial information crucial?

Financial reports are crucial. They are a valuable source of knowledge regarding a company's operations and financial standing.

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If+actual+unemployment+is+6.2%+and+the+natural+rate+is+4%,+cyclical+unemployment+is:___.

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If actual unemployment is 6.2% and the natural rate of unemployment is 4%, cyclical unemployment is 2.2%.

What does the term unemployment mean?

Unemployement refers to the situation where a person actively searches for employment but is unable to find work.

Unemployment can be measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force. There are three main types of unemployment that are cyclical, structural and frictional unemployment.

Basically, unemployment is the situation where people who want jobs cannot get them.

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In the ______ step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to the power, legitimacy, and urgency framework.

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Companies identify the stakeholders who presently have or may in the future have a meaningful impact on the company in the first step of a stakeholder impact analysis.

The application of analytical tools and procedures to study how corporate actions may affect stakeholders is known as a stakeholder impact analysis or stakeholder analysis. Stakeholder impact analysis measures and analyzes the impact of business choices on the business's stakeholders using analytical tools and techniques. It is a crucial duty for business management. Making decisions pertaining to production, distribution, and final sales is done using it to develop business strategy

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The _______ the default risk of a security, the _______ the interest rate demanded by the buyer.

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The HIGHER the default risk of a security, the HIGHER the interest rate demanded by the buyer.

The risk that a lender assumes in the event that a borrower won't be able to make the necessary payments on their debt obligation is known as default risk. Almost all types of credit extensions subject lenders and investors to default risk.

Default risk is a particular kind of which risk?The possibility that a borrower would miss a payment or default on a loan is known as default risk, a subcategory of credit risk (any type of debt). An issuer of bonds, for instance, may fail to make principle repayments or interest payments.

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To open an options account, inquiry must be made as to the customer's? i investment objective ii investment experience iii financial situation iv financial needs

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In order to open an options account, enquiry should be made to the customer's financial situation.

So, option iii) Financial situation is the correct answer.

The customer's financial situation and needs must be investigated prior to opening an options account in order to make appropriate customer recommendations and determine whether it is appropriate to open the account. This investigation will also help determine any restrictions that should be included in the options agreement.

An options contract is an arrangement between two parties to enable a prospective transaction on an underlying security at a predetermined price, known as the strike price, before or on the expiration date. Options are financial products whose value is derived from underlying equities like stocks. Depending on the type of contract they possess, an options contract gives the buyer the choice to buy or sell.

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The data _____ component of a database management system (dbms) is used for tasks such as backup and recovery, security, and change management.

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The correct answer is data administration.

An organization's total management of its data resources, including database planning, analysis, design, implementation, and maintenance, is the responsibility of data administration. They assure a high-level function, protection of data. guarantee of data performance, user education, training, and help from consultants.

What does a data administrator do in a DBMS?

The role of a data administrator includes assisting database design, development, and testing as well as managing event and problem management, database availability, and database performance. By using administration, database object consumption is maximized.

What are the tasks and responsibilities of managing a data database?

The principal duties of a Database Manager are:

a) installation and upkeep of software.

b) extracting, transforming, and loading data.

c) handling data with expertise.

d) backup and recovery of databases.

e) security.

f) authentication.

g) planning for capacity.

h) performance evaluation.

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Groups that retain a substantial part of the language, customs, or social views of their original cultures are refered to as:_______.

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Groups that retain a substantial part of their original cultures' language, customs, or social views are referred to as cultural characteristics.

What are cultural characteristics?

Culture is learned, shared, founded on symbols, integrated, and dynamic, among other things. These commonalities exist throughout all cultures.

Culture can be acquired. Learning culture is largely unconscious. We pick up culture from our family, friends, schools, and the media. Enculturation is the process of becoming accustomed to a new culture. All humans have basic biological requirements like hunger, sleep, and sex, but there are cultural differences in how we meet those needs.

Cultures coexist. We are able to act in socially acceptable ways and predict how other people will respond because we share a common cultural background with the other members of our group. Despite the fact that cultures are shared, this does not imply that they are all the same (the same).

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Jamie, a missouri licensee, is employed by a company that also owns a title company, to whom he refers clients. this is known as ______.

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Jamie, a Missouri licensee, works for a business that also owns a title company, which he recommends to clients. Controlled business arrangement is the term used for this.

A controlled business arrangement is one in which a person in a position to refer business incident to or involving a federally related mortgage loan, or an associate of that person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than one (1%) percent in a provider of settlement services; and either of those people refers such business to that provider either directly or indirectly.

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Which of the following describes a taxpayer with a hobby?
a) Sara, an independent seller for a cosmetics company, who sells products to friends and neighbors because she enjoys learning about the new products available. She maintains separate business and personal accounts and keeps meticulous business records.
b) Craig, a taxpayer who builds model trains. He occasionally wins cash prizes in local train modeling contests. He deposits his winnings into his personal checking account.
c) Everett, a university research associate, who had made profits on his research activities in the past and fully expects to do so in the future.
d) Gail, a taxpayer who writes travel articles. She visits each location only after she has a valid contract with a publisher and keeps her business and personal accounts separate. Her travel expenses and earnings are in line with the earnings and expenses of other travel writers.

Answers

The correct answer is (a) Sara, an independent seller for a cosmetics company, who sells products to friends and neighbors because she enjoys learning about the new products available. She maintains separate business and personal accounts and keeps meticulous business records.

What is an independent contractor?

A self-employed individual or business that is engaged to provide goods or services to another business is known as an independent contractor. As a result, independent contractors are responsible for paying their own Social Security and Medicare taxes. Independent contractors that a company hires are not compelled to get the employment benefits, such as health insurance and employer-sponsored retirement plans, that the company might typically offer to its workers. The payer shall correctly identify each payee as either an employee or an independent contractor. Independent contractors are frequently referred to as "freelancers".

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An amount of fissionable material that sufficient to sustain a chain reaction at a constantly increasing rate is called a:________

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A supercritical mass is a quantity of fissionable material sufficient to maintain a chain reaction at a steadily increasing rate.

What does "critical mass" mean?

When a developing business reaches critical mass, it becomes self-sufficient and no longer need outside investment to remain profitable. It is a critical stage in the evolution of a developing business. The mass of this material is referred to as supercritical if there is sufficient radioactive material for the chain reaction to proceed at an exponential pace. In nuclear physics, the critical mass is the smallest quantity of a particular fissile material required to produce a self-sustaining fission chain reaction under certain circumstances. But for the reaction to continue, there must be enough Uranium-235 nuclei positioned close enough together. To put it another way, a "critical mass" is needed. Free neutrons will escape if there is insufficient mass, which will cause the fission process to stop.

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two challenges ubuntu has experience​

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Raring Ringtail, the most recent release of Ubuntu, is marketed as user- and business-friendly.

Even if there are still considerable barriers in the way of its general acceptance in the workplace, Ubuntu 13 might be a viable solution if your employees simply use the browser to access programs and your business-friendly doesn't require complicated spreadsheet macros or document formats.

Both the initial installation and the upgrade from an earlier Ubuntu version went smoothly. Wi-Fi worked right out of the box, installation took around 20 minutes overall, and there were no driver problems. MP3 support is not pre-installed, however it is available during installation.

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An additional worker is hired for an hour at a wage w = $12. the worker produces 4 hamburgers per hour with a price of $3 per hamburger. the real wage paid to the worker is:____.

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The real wage paid to the worker is 4 hamburgers per hour.

What is Wage?A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame. The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.It is broken down into two parts: a direct cost made up mostly of gross pay plus various benefits; and an indirect cost made up primarily of traditional and legal employer contributions and other fees.Regular and supplemental pay can be divided into two groups.The number of hours worked multiplied by the employee's hourly wage can be used to determine gross wages for hourly workers.

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The difference between the method of limits and the method of adjustment is that, in the method of adjustment, stimulus intensity is changed in a ____ manner.

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The method of limits and the method of adjustment are different in that the stimulus intensity in the latter method is changed in a continuous manner.

A researcher would present the stimulus in either ascending or descending order to ascertain the smallest amount detectable in order to evaluate absolute threshold using the method of limits. For instance, you might be asked if you can see something while being exposed to a lot of light. The intensity of the light would be reduced during the following test. Until you report that you can no longer see the light, this would continue. Due to the fact that we begin with something large and work our way down, this would be the declining limits technique.

In the adjustment approach, the stimulus is constantly adjusted by the observer or researcher until they can or cannot notice it. As opposed to the method of limits, this does not require a yes/no response from the subject on every trial. They are in charge of controlling the stimulus themselves. You might have a knob you can crank till you can barely smell the aroma, for instance, if you were asked to name the scent of exercise socks.

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______ decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer.

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Operational decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer. Hence, the correct answer is operational decisions.

What is an operational decision?

Operational decisions are those decisions that are adjusted on several occasions as situation demands in correspondence to the current external and internal conditions, which usually have impacts for no longer than a year or even a day.

Therefore, the correct answer is as given above

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The maastricht treaty? a. subjects federal reserve monetary policy actions to audits by the gao. b. enhances the ability of eurozone countries to influence the ecb.

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This chapter assesses the IMF's role in the euro area's fiscal policy, both at the regional level and in particular member nations.

The Maastricht Treaty modified earlier European treaties and established a European Union built on three pillars: cooperation in the areas of justice and home affairs, the European Communities, and the common foreign and security policy (CFSP) (JHI).

These requirements, also referred to as the "Copenhagen criteria," include a functioning market economy, a stable democracy and the rule of law, and adoption of all EU laws, particularly those relating to the euro. The following items meet the economic requirements to join the EU: a functioning market economy's existence. the Union's ability to deal with market dynamics and competitive pressure.

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Other Questions
In the marketing mix, which element of the four ps communicates value to the consumer? a. product b. price c. place d. promotion 10. Determine whether the inequality is always, sometimes, or never true. (1 point)4x-8>1 + 4(x+3)alwayssometimesOnever The focal point for audit procedures are the key questions that must be answered about management's ______. Exercise 2 Write a complete thesis statement from the theme given below.theme: the exhilaration of horseback riding The basis of strategic position through serving few needs of many customers is known as:_______ Fill in all missing terms and select all missing descriptions. Which factor causes chemical weathering? Options: A: gravityB: acidsC: windD: sunlight The length of a rectangle is 1 in. less than 3 times the width. If the perimeter of the rectangle is 46 in., find the length and the width. And pre-revolutionary war America France develop military alliances with which group b) The angle of elevation of a tower at a distance of 27 meter from the foot of the tower is 60, find the height of the tower. Speedy Additional Mathematics - Book VIII 98 The governor of state A earns $49,485 more than the governor of state B. If the total of their salaries is $288,035, find the salaries of each.need to find a and b If yall cant se it just zoom in because thats the best I can get it please help me thank u please dont comment on my stuff just for points I really need help with this If you want to become a digital citizen you only have to buy a piece of technology. a. true b. false f (3/10)= -5 (3/10) -14 Which solid figure has 10 edges?pentagonal pyramidrectangular pyramidpentagonal prismtriangular prism Which reccomendation would the nurse include when educating a parent about infant safety and injury prevention? Volume of cone if height is 18 and diameter is 10, Describe the general effect of physical gradients on the disrtibutiom of organisms in habitats While many networking jobs will list a bachelor's degree as their minimumrequirement, but many will actually accept an associate's degree or trade schooltraining.TrueFalse Both bananas and apples cost $1/each. paul is deciding how many apples and bananas to purchase for $100. after careful deliberation, he decides to buy 100 apples and 0 bananas. this is an example of:_________