Answers
The answers are as follows:
Scarcity is the fundamental problem that faces every society.
A good is tangible or something that can be touched.
A non-durable goods last for fewer than three years.
Baby step simply means to take small, careful steps.
Scarcity is a basic problem in any civilization because it causes people to make choices about which needs and desires to satisfy. Because resources are limited but demands and desires are not, scarcity has an influence on how the economy allocates resources. This is why it is a fundamental decision-making problem that impacts everyone.Anything tangible is something that can be felt or touched.Nondurable goods with a shelf life of fewer than three years, as defined by the US Department of Commerce. The whole economic worth of a nondurable good is spent quickly after manufacturing or acquisition. Perishable food goods such as milk, vegetables, meat, and fruit are examples, as are paper and paperboard products such as newspapers, books, magazines, marketing mail, and tissue paper. Several of them are utilized in recycling.A baby step is a very modest amount of progress toward attaining something:Hence, the answers are scarcity, tangible, three, and baby steps.
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Related Questions
a decision tree arranges decision alternatives and states of nature in their natural chronological order.
Answers
yes, it is true.
Decision Tree: What Does It Mean?
A decision tree is a visual representation of data in the form of a flowchart that resembles an upside-down tree. In this illustration, the tree's root represents a necessary decision, its branches represent possible acts, and its leaves represent possible decision results.
To determine the expected consequences of particular alternatives, a decision tree is used to divide a big dataset into subsets that contain instances with comparable values.
In supervised learning (SL) regression and classification algorithms, decision trees are used to predict the class or value of target variables.
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How to utilize natural resource by established a business?
Answers
Answer:
Business may rely on nature for raw materials like
cotton, water and crop
you have just started on the project excite team and need to learn about the project. consider how to effectively gather information given what ravi, kara, and mark have shared
Answers
It will be highly effective to ask a senior team member for help because of his experience and expertise in the field.
What are the advantages of looking up to a senior team member?
The basic advantage of looking up to a senior team member is that because of their experience we can easily determine or find out the easiest way to solve the problems.
Adding to it, this helps the junior ones to be able to catch up with the task, and that automatically leads to self-development in that particular field.
Furthermore, the senior team members are more confident to solve any task within stipulated time period and they also guide their juniors to do same. They required less trainings.
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Here is the full question:
Ravi, Kara, Mark, you
Ravi (Sr. Team Member)
Welcome to the team! We are testing new product features for Project Excite. Kara
is our project expert, but she is very busy with an unrelated launch.
Kara (Sr. Team Member)
Nice to meet you! You will own the project management of a new experimental
feature. Let me know if you have any questions.
Mark (Team Member)
Hi! I've been on Project Excite for 2 months and feel like I am just getting up to
speed. Welcome!
Answer:
Explanation:
It is highly effective to go through the project before taking over.
patrice is currently considering and researching production costs, commissions for workers, and the artist’s "cut." what is she most likely pricing out?
Answers
The thing that Patrice is most likely pricing out is a commissioned painting.
What is commissioned painting?When a customer commissions art, the artist agrees to make the piece according to their specifications.
The history of art created for commission is extensive. In order to show off their authority, luxury, and riches, rulers and governmental entities have commissioned portraits and monuments for millennia.
Art commissions have historically attested to how influential art can be on public opinion and how we understand the past, whether conducted for status, immortality, or propagandistic objectives.
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the weighted moving average forecasting technique tends to do a good job tracking trend in demand. group of answer choices true false
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The weighted moving average forecasting method typically does a decent job of detecting demand trends. This would be an False assertion
What does the term "forecasting technique" mean? What are the two primary forecasting techniques? What purpose does forecasting fulfil?By using historical data as inputs, forecasting produces accurate projections of the future course of trends. There are two different categories of forecasting methods: qualitative and quantitative. Since each type has a varied set of applications, pick the one that will enable you to achieve your objectives. Knowing all your options will help you decide which strategy will produce the information that will be most helpful to your business. Forecasting helps businesses create data-driven plans and also reach informed conclusions.
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When does information become a liability for an organization? a. when it is not managed properly b. when there are fewer people to collect information c. when information is not stored in paper documents d. when information is not stored in electronic documents
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Information becomes a liability for the firm when it is not managed properly. Hence, option A is the correct answer.
Liabilities encompass all current and future debts owed by your company. Loans, legal debts, and other obligations incurred through normal company activities fall under this category. The loans are frequently utilized to fund business operations, as well as to pay for expansions and new equipment.
You need to establish a contingent liability account in order to record how much you estimate the exposure to be when information becomes harmful to you, say during litigation.
A contingent liability is a debt or possible loss that might materialize in the future depending on how a certain event plays out. Contingent liability can take the form of pending investigations, product warranties, and potential litigation.
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true or false: firms should obey all the laws, including but not limited to labor, consumer protection, and the environment.
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False. The actions of the company that are expected by society but are not specified by legislation are included in its ethical duties. The need that the company be environment friendly is one of the ethical responsibility criteria.
The company should be constantly mindful of its operations and how they impact the environment. It is the moral and ethical responsibility of every human and every business. A business that upholds the law is also a business that values social responsibility. The company is free to operate whatever it sees fit, but only within the confines of the rules set down by numerous laws, including labor, environment, and criminal laws.
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situation: denice powell is the head of operations at magic feather airlines, which provides flights for people who enjoy traveling with their pets. magic feather is popular at small airports but wants to expand. denice comes from a customer support background and is passionate about building processes that serve their passengers well, but she wants to hire someone who can help build a process for securing space in major airports. which type of candidate would be best for this role?
Answers
The type of candidate who would be best for this role is an experienced operation leader.
What is an experienced operation leader?
The operations leader provides subject matter Expert guidance throughout the organization for the commissioning, startup, operations, and maintenance of reciprocating and rotary equipment, process and treating equipment, plant control systems, and related balance of plant equipment. Operations Leader Duties & Responsibilities.
An operations team leader's main duty is to oversee the workforces and promote collaboration, teamwork, and productivity. He/she oversees personnel, develops policies, and offers helpful services to the workforce. The team leader makes sure that the needs of the business and the goals of the personnel are compatible.
Additionally, he or she oversees ongoing budgeting for the business' annual financial plan and makes that long-term financial objectives are met. The periodic assessment of the business's financial performance and operational activities is also under his or her direction.
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some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. this is an example of: group of answer choices
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Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. This is an example of the ordinal scale.
What are ordinal scales and examples?
Ordinal scale is a type of categorical data that has a specified order or scale. For example, ordinal scale is said to have been collected when the respondent entered her financial well-being on a scale of 1-10. For ordinal scale, there is no standard scale for measuring the difference between scores.
What are nominal and ordinal scales?
Nominal Scale is a nomenclature scale in which variables are simply "named" or labeled, with no particular order. Ordinal scales go beyond mere naming to include all variables in a specific order. Interval scales provide the label, order, and specific spacing between each variable option.
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1) categorize the following decisions as capital budgeting, capital structure, or working capital management decisions:
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Capital budgeting: Investment choices are frequently referred to as capital budgeting choices. The project that the business wants to invest in is one of the choices made when creating the capital budget. There are two investing opportunities with the company. One has a net present value that is positive, whereas the other has a net present value that is negative.
Capital structure: The capital structure of a corporation is the sum of its debt and equity. In order to finance its various projects, the corporation needs $1,000,000. Choosing between stock and debt financing for a firm is a decision about its capital structure.
Working capital: Managing a company's current assets and current liabilities is what is meant by managing working capital. Giving the suppliers additional credit is an illustration of a working capital decisions.
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entrepreneurial leaders use methods that help them pursue creative ideas even when they lack authority or necessary resources. those who might pursue creative ideas who do have authority and necessary resources would typically be characterized as
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Radio button unchecked investors radio button unchecked stakeholders radio button unchecked designers radio button unchecked employees radio button unchecked managers submit Check the Invoicing box and choose the Custom radio button.
What is Invoicing box?
Receipts are scanned by a company called Invoice Box, which then extracts the data and sends it to your accounting programme.If you pay with a credit card, receipts are automatically forwarded to the "Bill To" address we have on file. If you prefer to pay differently, we'll email your invoice to you before the due date set in your contract. More details on how to view your invoices may be found here.Credit cards are the most often used payment option for online bills. The majority of stores accept all major credit cards, but you should double-check before going because some don't because American Express and Discover have higher transaction costs.To know more about Invoicing box visit:
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fill in the blank question. is a kind of problem solving that involves managing taxing circumstances, expending effort to solve life's problems, and seeking to master or reduce stress.
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Coping is a type of problem-solving that entails handling trying situations, making an effort to deal with challenges in life, and attempting to control or lessen stress.
Coping is described as the ideas and actions used to control stressful conditions both internally and externally. It is a phrase used specifically to describe the mobilization of voluntary and conscious behaviors, as opposed to "defense mechanisms," which are adaptive subconscious or unconscious responses that both work to decrease or tolerate stress. Coping styles, which are a collection of largely consistent features that influence an individual's behavior in reaction to stress, are the various ways in which people choose to respond to stressors.
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organizations offering a free basic subscription that can be upgraded to a fee-based, premium subscription offering more features is applying the subscription business model.
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organizations offering a free basic subscription that can be upgraded to a fee-based, premium subscription offering more features is applying the subscription business model is called freemium
What is subscription?
The concept behind subscription business models is to sell a good or service in exchange for recurring monthly or annual subscription income. In lieu of customer acquisition, they prioritize customer retention.
Subscription business models are essentially concerned with how money is earned so that a single consumer makes a number of smaller payments over time for continued access to a commodity or service rather than paying a substantial upfront cost.
The economy is currently moving away from ownership in the areas of retail, entertainment, software, and automobiles. This raises the customer's lifetime value (LTV).
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The natural services that support life and human economies at no monetary cost, such as pollination and the purification of air and water.
Answers
Answer:
??
Explanation:
??
hi
the involvement of accounting professionals and management in accounting scandals resulted in congress passing the sarbanes-oxley act. what is the purpose of the sarbanes-oxley act? (select all that apply.)
Answers
The purpose of the Sarbanes-Oxley act is to provide penalties for violators; prevent conflicts of interest; require CEO accountability; regulate auditors.
In finance and economics, interest is payment from a borrower or deposit-taking economic organization to a lender or depositor of a quantity above compensation of the most important sum, at a selected rate. It's far distinct from a charge that the borrower may pay the lender or some third birthday celebration.
Interest is the monetary price for the privilege of borrowing money, typically expressed as an annual percentage rate (APR). Interest is the amount of money a lender or financial group gets for lending out cash.
Interest is defined as the quantity of cash paid for using someone else's money. An instance of the hobby is the $20 that was earned this 12 months to your financial savings account. An instance of the hobby is the $2000 you paid in the hobby this 12 months on your home mortgage.
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brazil spent billions of dollars to host the soccer world cup and the summer olympics. the opportunity cost of hosting these events is
Answers
The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.
What is meant by opportunity cost?This is the term that is used to talk about the foregone alternative. It is what would have to be neglected because of another choice that has to be taken.
What this means is that the money that would have been spent on other aspects of the government was spent on the world cup so the benefits that the people would have gotten from the options are lost.
Hence we can say that The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.
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the three sections of the statement of cash flows includes all of the following: multiple select question. accounting operating cash financing investing
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The three sections of the statement of cash flows are operating activities, investments, and financial activities.
What is cash flow?
An essential tool for managing finances is a cash flow statement, which tracks an organization's cash flow. This report, along with the income statement and the balance sheet, is one of the three essential ones that determine a company's performance. Making a cash forecast is typically beneficial for facilitating short-term planning.
Businesses typically strive for a healthy cash flow because without it, they risk having to borrow money to keep the business afloat.
The cash flow statement lets you keep track of incoming and departing cash by displaying the source of that money. An organization's operational, investment, and financial operations all generate cash flow.
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the name for the kind of communication in which members of an organization with equal power exchange messages is communication. multiple choice question. downward
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The name for the kind of communication in which members of an organization with equal power exchange messages is horizontal communication.
What is communication?Intuitive mind and the outside world are painfully divided from one another, with communication appearing to be the solution. In popular usage, the term "communication" refers to a fairly broad variety of distinct behaviors involved in the dissemination of information, as this definition illustrates. John Peters contends that the challenge in defining communication arises from the fact that it is both a universal phenomena (as everyone communicates) and a particular discipline of institutional academic study.
Limiting what is capable of falling under the category of communication is one definitional method. According to this reasoning, one definition of communication may be the process of giving entities or groups of people the ability to understand each other's meanings through the use of signs, symbols, or other visual cues.
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use the following information and horizontal anaylsis to compute the percentage increase in sales. year x sales were 200,00
Answers
25% increase
=$250,000 ‐ $200,000/$200,000
= .25 x 100 = 25%
What is meant by Horizontal Analysis?A horizon analysis compares the total returns of a security or investment portfolio's projected discounted returns over a range of investment horizons.
Utilizing scenario analysis, horizon analysis calculates a performance expectation for an investment or portfolio that is more realistic. This kind of analysis is typically employed to estimate the anticipated performance of portfolios made up of fixed-income securities (bonds).
The horizon analysis framework enables portfolio managers to forecast bond performance in light of anticipated levels of risk, interest rates, reinvestment rates, and future market yields as well as the planned investment horizon.
In the event of a pullback, the market has years to recover, so investors who have a longer investment horizon can accept more risk. A 30-year-old investor, for instance, would typically allocate the majority of their assets to stocks.
Thus, there is a 25% increase in sales.
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prepare a balance sheet for alaskan peach corporation as of december 31, 2022, based on the following information: cash = $205,000; patents and copyrights = $859,000; accounts payable = $284,000; accounts receivable = $265,000; tangible net fixed assets = $5,220,000; inventory = $550,000; notes payable = $177,000; accumulated retained earnings = $4,706,000; long-term debt = $1,130,000.
Answers
The balance sheet for alaskan peach corporation as of december 31, is: Asset $7,099,000, Liabilities $7,099,000.
Balance sheetBalance Sheet for alaskan peach corporation as of december 31,
Assets
Cash $205,000
Accounts receivable $265,000
Inventory $550,000
Current assets $1,020,000
Tangible net fixed assets $5,220,000
Intangible net fixed assets (patents and copyrights) $859,000
Total assets $7,099,000
Liabilities
Accounts payable $284,000
Notes payable $177,000
Current liabilities $461,000
Long-term debt $1,130,000
Total liabilities $2,052,000
Common stock $341,000
Accumulated retained earnings $4,706,000
Total liabilities & owners' equity $7,099,000
Therefore the balance sheet for alaskan peach corporation as of december 31, is: Asset $7,099,000, Liabilities $7,099,000.
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mlo applicants give permission for a credit report to be pulled so the nmls can evaluate whether the applicant demonstrates .
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MLO applicants authorize the NMLS to get a credit report in order to determine if the applicant displays financial responsibility.
What is credit report?Credit report, refers to the report that gives detail credit history of the individual. It is an overview of credit account management, in which Prospective lenders and creditors use credit reports to assist them determine whether to extend credit or not.
The NMLS credit report authorization procedure must be completed by every state-licensed residential mortgage originator. MLO applicants authorize the NMLS to get a credit record in order to establish financial responsibility.
Therefore, it can be concluded that financial responsibility is the correct option for the given blank.
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at expiration, calculate the total profit or loss from the stock position and the short option since selling the call (excluding commissions and fees).
Answers
At expiration, the total profit from the stock position and the short option since selling the call was $89 (excluding commissions and fees).
What do you mean by stocks?The investment type of stock, also known as equity, signifies ownership in a portion of the issuing corporation. Shares commonly referred to as units of stock, give their owners a proportionate share of the company's assets and revenue based on the number of shares they own. Equities, which are often bought and sold on stock markets, provide the foundation of the portfolios of the majority of private investors. Stock trades must adhere to government regulations intended to protect investors from deceptive practices. Corporations issue stock to obtain money to fund their operations, and the holder of those shares, known as a shareholder, may be entitled to some of the company's assets and profits.
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the existing network of shops and the number of registered customers makes it difficult to capture market share against taobao, a large e-commerce online platform run in china by alibaba. true false
Answers
The statement is true.
The existing network and registered consumer base gives them economies of scale and make them a preference of the consumers any new entrant in the market will have to face a lot of problem in the market i.e. have to incur considerable cost.
Chain shops or more than one store is a retail company composed of or extra retail shops, owned by and operated underneath one management. a chain save is the number of retail shops operating underneath not unusual ownership and management constitute a series.
Inside the enterprise world, a series method a set of shops (typically or greater). They possess the equal call (brand), and cling to comparable company store rules, sell identical products, and often owned by using the same determined economies. Right here, think about Wal-Mart as a series of mass-retail supermarkets.
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a company reported average total assets of $255,000 in year 1 and $282,000 in year 2. its net operating cash flow was $20,450 in year 1 and $27,500 in year 2. (1) calculate its cash flow on total assets ratio for both years. (2) did its cash flow on total assets improve in year 2 versus year 1?
Answers
Cash flow on total assets ratio for both years A. Year 1 8.3%
Year 2 9.2%
The required details for Cash flow in given paragraph
A payment (in a currency), especially from one central bank account to another, is referred to as a cash flow in its narrowest sense; the term "cash flow" is typically used to describe payments that are anticipated to occur in the future, are therefore uncertain, and as a result need to be forecast with cash flows;
Time t, nominal amount N, currency CCY, and account A all contribute to a cash flow's determination; hence, CF = CF (t,N,CCY,A).
However, the term "cash flow" is frequently used in a less precise sense to describe (symbolic) payments into or out of a business, project, or financial product.
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in most transactions involving a buyer or seller, real estate agents have limited authority to act on behalf of their clients. therefore, which type of agency relationship are they in?
Answers
The type of agency relationship they are in is broker agency relationship.
The broker agency has relation to buying and selling of property ,real estates and act as a chain between the buyer and the seller.
For transactions that take place between a buyer and seller the amount specifically is charged from both the parties that can be termed as brockerage.
Transactions involves the real estate purchase or sales , share purchase and sales but have a limited authority that they themselves cannot invest in the same. They are the link between between the firm and the interested buyer of the share.
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as the person in the project team responsible to managing the procurement process and interfacing with the buying office at the performing organization, you are aware that one of the vendors bidding on one of the construction contracts is a cousin of yours. what should you do?
Answers
Given that you know that one of the bidders is your cousin, what you would have to do is to Disclose this to the appropriate individual(s) as a possible conflict of interest, in writing as soon as you are aware of it.
Why do you have to disclose this?It is important that you have to disclose the relationship that exists between you and one of the bidders to the management. This is because it poses what is called conflict of internet risk.
Hence we can say that Given that you know that one of the bidders is your cousin, what you would have to do is to Disclose this to the appropriate individual(s) as a possible conflict of interest, in writing as soon as you are aware of it.
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an investment property generates a cash flow of $40,000. the owner has $360,000 equity in the property. what is the owner’s return on equity?
Answers
The owner’s return on equity is 0.111
$40,000 ÷ $360,000 = 0.111 = 11%
In finance, equity is the possession of property that could have money owed or other liabilities attached to them. equity is measured for accounting functions by using subtracting liabilities from the fee of the property.
Equity is described as “the state, first-rate or ideal of being simple, impartial and truthful.” The idea of fairness is synonymous with fairness and justice. it's far helpful to consider fairness as now not genuinely a preferred situation or a lofty value.
Equity may be calculated through subtracting liabilities from property and may be carried out to an unmarried asset, along with actual property, or to a business. as an instance, if someone owns a house worth $400,000 and owes $three hundred,000 on the loan, the difference of $a hundred,000 is fairness.
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a school fundraiser sells 1,200 raffle tickets. each ticket costs $2. there is one grand prize worth $100 and 5 smaller prizes worth $20 each. what is the expected gain or loss for buying 1 ticket?
Answers
The expected gain or loss for buying 1 ticket is -$1.83
What is the average price per ticket?
The average price per ticket is the sum of the prizes paid divided by the number of tickets sold for the school fundraiser, in other words, the average price ticket is the prize of $100 plus the total of 5 smaller prizes, divided by 1200 raffle tickets.
average price per ticket=($100+(5*$20)/1200
average price per ticket=$0.17
the cost per ticket=$2.00
The expected gain or loss for buying 1 ticket=$0.17-$2.00
The expected gain or loss for buying 1 ticket=-$1.83
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Answer:
1.83
Explanation:
steak is a normal good. if students' incomes at your college decrease, the effect on steak consumption will be:
Answers
If students' incomes decrease, there would be a decrease in the consumption of steak.
What is the effect of a decrease in income?Normal goods are goods that are goods whose demand increases when income increases and falls when income falls. Normal goods have a positive relationship with the income of the consumer.
When income decreases, there would be a decline in disposable income available to purchase steak, as a result the consumption of steak would decline. If income increases, there would an increase in disposable income available to purchase steak, as a result the consumption of steak would increase.
Normal goods contrast with inferior goods. Inferior goods are goods whose demand decreases when there is an increase in income and whose demand increases when there is a decrease in income.
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employee benefit planning involves selecting, coordinating, and managing employer-provided compensation that the form of cash payments, such as wages, salaries, and commissions.
Answers
Employee benefit planning involves selecting, coordinating, and managing employer-provided compensation that does not take the form of cash payments, such as wages, salaries, and commissions.
What are Employee Benefits?Employee benefits refers to the benefits employees derive from their workplace which does not come in form of money. These benefits serve specific purposes that helps the employees to better perform their job duties.
Such benefits includes take-home vehicles, hotel stays, free refreshments, leisure activities on work time (golf, etc.), stationery, allowances for lunch etc.
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