An economy in which a central authority draws up plans that define what will be produced and when, sets production goals, and makes rules for distribution is a command economy.
The command economy system is a state system that regulates and manages all economic actions of each of its citizens and its business entities are directly owned by the government. This is a change from the traditional economic system where there is a change in terms of production, usually entrepreneurs lack the capital to develop.
Meanwhile, in a command economy system, there will be no shortage of capital because all business entities are directly owned by the government, but it kills the initiative and creativity of the people, and the ownership of economic resources is limited. Countries that still adhere to a command economy system such as Vietnam, Cuba, North Korea and China.
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An upper-level is manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. What business strategy does this represent?.
An upper-level manager suggests that partnership of his company put in place a mechanism to consolidate shipments; this is a differentiating business approach.
A business is a group of people or an enterprise that engages in commercial, industrial, or professional activities. There may be several business types depending on a variety of factors. Some are for-profit businesses, while others are nonprofit. They are unique from one another in the same way that their ownership does. There are firms, partnerships, and numerous other business structures, for instance. Any individual who creates goods or renders services with the objective of reselling them for a profit is conducting business
A business is a creative organization partnership or team that partakes in professional activities. They might be commercial, industrial, or something else else. Businesses that are for profit aim to maximize profits, whereas nonprofit organizations work to further a cause.
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puritan apparels is a clothing retailer. unit costs associated with one of its products, product ahf 130, are as follows:follows:
Centered on business focused salespeople.
What is business focused ?In the end, "business focus" means maintaining an unwavering laser-focus on your extremely clear goals. The majority of managers and business owners want to believe they have a strong business focus. However, it's simple to become sidetracked given the numerous obstacles and adjustments your company experiences on a regular basis.
An approach called "business focused project management" was created to manage corporate projects effectively. With a focus on the needs of the owners and close integration with the demands of executives and high managers, adopts an organizationally-wide perspective on project management.
The development of emotional intelligence in leaders is aided by internal and external emphasis. Their capacity to develop strategies, innovate, and manage organizations can all be improved by turning their attention outward.
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A freelance singer-songwriter is planning the restoration of a recently purchased civil war-era farmhouse. While he professes an enjoyment of, and talent in the construction trades, the theory of comparative advantage implies that.
The lost income while away from music will likely outweigh the savings realized by doing the work himself, therefore, he had to hire a professional to do the restoration work.
Restoration is an action or effort to restore, restore, repair something to its original condition and form.
In general, the purpose of restoration is to restore something so that it returns to its original state. Referring to the meaning of the restoration, some of the objectives of restoration in various fields are as follows:
Forest Restoration Goals: to restore the damaged forest condition so that the forest returns to its original condition so that it functions as it should.Purpose of Restoration of Historic Buildings; to improve the condition of damaged historic buildings so that they return to their original state so that they can become tourist objects and research on life in the past.Economic Restoration Goals: to improve general economic conditions, so that they can return to a better and more stable economic condition.The Purpose of Political Restoration; to improve political conditions that are not conducive in a country so that it becomes better so that community activities are safe and under control.Purpose of Painting Restoration; to repair and restore the condition of an ancient painting that is outdated so that it can return to its original state.Purpose of Antique Restoration; to repair or restore the shape and condition of an antique so that it returns to its original state, or at least approaches its original condition.You can learn more about Restoration here brainly.com/question/12881158
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the members of the organization provided feedback on the methods used bty their facilitys heaklt care professionals to provide high quality care quizlet
Inner factors are those within the firm, whereas external factors are those above the firm's control. Internal factors to boost the quality of care include administrative structure and culture, employees' competence, infrastructure, administration and management, and collaborative care course.
What are the factors affecting the quality of services delivered by health care systems?Quality improvement seeks to normalize processes and structure to reduce interpretation, achieve predictable results, and enhance outcomes for patients, healthcare systems, and institutions.
Patient socio-demographic variables. Patient collaboration. Type of patient illness (rigor of illness) Provider socio-demographic variables. Provider competence (Knowledge and skills) Provider inspiration and fulfillment. Healthcare strategy.To learn more about the health care systems visit the link
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l. lyons started a business and invested $4,000 in exchange for common stock. illustrate how to record the transaction in the t-accounts by completing the following sentence. the cash account would be (debited/credited) on the (left/right) side of the t-account and the common stock account would be (debited/credited) on the (left/right) side of the t-account
The way that the transaction of investing $4,000 for common stock would be recorded is the cash account would be debited on the left side of the t-account and the common stock account would be credited on the right side of the t-account.
Where is common stock recorded?When a person invests in a company, the common stock account is credited to show that common stock has been acquired. Credits go to the right side of a T-account.
Because cash was used to acquire the common stock, the business will gain cash which will go to the cash account as a debit amount which is recorded in the left of the T-account.
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summary information from the financial statements of two companies competing in the same industry follows. ryan company and barco company
An example of the financial statement is studying a corporation's performance and fashion with the aid of calculating monetary ratios like profitability ratios, which include the internet profit ratio, which is calculated by means of internet financial divided via income.
It affords inner and external stakeholders the opportunity to make knowledgeable selections concerning investing. monetary declaration financial additionally affords lending establishments with an unbiased view of a business's monetary health, that's helpful for making lending decisions.
The most critical financial statement for the general public of customers is probably to be the income statement since it reveals the potential of a business to generate earnings. additionally, the information listed at the income assertion is more often than not in notably modern-day greenbacks, and so represents an inexpensive degree of accuracy.
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bruce f. hall, neighborhood difference in retail food stores: income versus race and age of population, 59 econ
Neighborhood Differences in Retail Food Stores: Income Versus Race and Age of Population is explained below.
In retail food stores, there may be variations in the cost and quality of the goods for sale, the range of goods and sizes available, and the cleanliness of the stores themselves. The effects of socioeconomic characteristics of the neighborhoods where stores are located on a set of store and product attributes are calculated while holding constant variables that affect the costs of the stores.
The main outcome in retail food stores is that consumers in locations with sizable populations of elderly and black citizens experience higher pricing, inferior quality and cleanliness, and less variety in prices, brands, and sizes.
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based on the examples provided in the video, domino’s overall global product strategy is best described as multiple choice creating a totally different product mix in each country. glocalization. offering similar products worldwide, with minor adaptations for local tastes. a strategic alliance. offering the same products worldwide.
Offering similar products worldwide, with minor adaptations for local tastes.
Domino's has used this strategy worldwide that they offering similar all over the world but always taking local tastes and preferences into consideration. They also hire local Chefs to understand the regional flavors.
In biology, adaptations have 3 associated meanings. first off, it's miles the dynamic evolutionary procedure of herbal choice that suits organisms to their surroundings, improving their evolutionary fitness. Secondly, it's miles a kingdom reached by the populace in the course of that method.
A model is defined as a bodily or behavioral function of an animal that allows them a better life in its surroundings. In different words, an adaptation is something on their body or something they do with their bodies that help them discover meals, water, mates, and safe haven.
Adaptations are unique traits that allow animals to live to tell the tale of their environment. There are three styles of variations: structural, physiological, and behavioral.
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in the point method of job evaluation, defining, scaling, and weighting the compensable factors is based on:
Based on the choices provided above, it can be said that in the point method of job evaluation, defining, scaling, and weighting the compensable factors is based on,
make it apparent how the degree applies to the jobanchor degree definitions with benchmark-job titles and/or work behaviorsensure that the number of degrees is necessary to distinguish among jobsuse understandable terminologyWhat is the significance of job evaluation?Job evaluation, as a process, can be referred to or considered as the process of ranking and analyzing whether application(s) received for a position are actually worth such rank or not. The determinants for a job evaluation have been aforementioned.
Therefore, the options A, B, D and E hold true and state regarding the significance of a job evaluation process.
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The question seems to be incomplete. It has been added below for better reference.
Identify the criteria that have been suggested for scaling compensable factors in the point method of job evaluation. (Select all that apply)
a. make it apparent how the degree applies to the job
b. anchor degree definitions with benchmark-job titles and/or work behaviors
c. weight the factors according to importance
d. ensure that the number of degrees is necessary to distinguish among jobs
e. use understandable terminology
f. make each degree equidistant from the adjacent degrees
1. blank is the capital of indonesia.target 1 of 6 2. the capital of kenya is blank.target 2 of 6 3. blank is the capital of norway.target 3 of 6 4. the capital of canada is blank.target 4 of 6 5. the capital of argentina is blank.target 5 of 6 6. blank is the capital of australia.
1. Jakarta is the capital of Indonesia.
2. The capital of Kenya is Nairobi.
3. Oslo is the capital of Norway.
4. The capital of Canada is Ottawa.
5. The capital of Argentina is Buenos Aires.
6. Canberra is the capital of Australia.
Capital is a huge term that could describe anything that confers value or advantage to its proprietors, including a manufacturing facility and its machinery, highbrow property like patents, or the economic assets of an enterprise or a person.
Capital is defined as the most vital or most serious, something related to wealth, the seat of the presidency, or punishable by loss of life. An instance of capital is the most vital exceptional an enterprise is seeking out in a capacity employee; a capital best. An example of capital is an investment; a capital funding.
A capital is a town or town that acts because the middle of a government, including a city's or kingdom's authorities, as in Washington, DC, is the capital of us. More casually, a town or metropolis is probably a capital of some special importance.
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Help me please I’m gonna cry if I don’t finish this
Answer:
this is your answer
8.490
2.288
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2.750
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responsibility for setting all audit standards to be followed on audit of public companies rests with the .
Responsibility for setting all audit standards to be followed in the audit of public companies rests with the NGOs.
Who is responsible for setting auditing standards?Certified public accountants receive standards, guidelines, auditing, attestation, and quality control statements from the Auditing Standards Board (ASB) (CPAs). It is the senior technical committee of the AIPCA, and its job is to create generally accepted auditing standards (GAAS) for private companies.
The auditor has a duty to prepare and carry out the audit in order to get a reasonable assurance regarding the absence of a major misstatement, whether brought on by fraud or error.
In order to reduce audit risk, the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, regulates audits of publicly traded corporations. In order to address the accounting crises of the late 1990s, the PCAOB was founded concurrently with the Sarbanes-Oxley Act of 2002.
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what assumption of the keynesian model gives rise to the ‘elastic region’ of the keynesian aggregate supply curve? explain.
The assumption of the Keynesian model gives rise to the ‘elastic region’ of the Keynesian aggregate supply curve will be the potential for different levels of spare capacity in the long run.
Keynesians believe that changes in any component of spending, whether it be consumption, investment, or government spending, change output because prices are somewhat fixed. For example, if government spending increases and all other spending factors remain constant, output will increase.
What is the point of Keynesian economics?
Keynesian and his followers argued that in order to achieve full employment and economic growth, individuals should save less and spend more, increasing their marginal propensity to consume. I believed that. In this theory, every $1 he spends on fiscal stimulus will eventually give him $1 more in growth.
What are the characteristics of Keynesian theory?
Output Employment and income are interchangeable terms.Employment and income depend on effective demand.Effective demand is determined by aggregate demand and aggregate supply.Keynesian focuses on aggregate demand because aggregate supply is constant in the short run.Learn more about Keynesian here:- https://brainly.com/question/6505999
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neural basis expansion analysis with exogenous variables: forecasting electricity prices with nbeatsx
We add exogenous elements into the neural basis expansion analysis (NBEATS). The resulting technique, known as NBEATSx, enhances a successful deep learning model by extending its capabilities by incorporating exogenous variables and enabling it to integrate many sources of helpful information. We undertake a thorough analysis of the NBEATSx model's application to energy price forecasting (EPF) activities across a wide range of years and markets in order to demonstrate the model's usefulness. We witness cutting-edge performance.
What is Exogenous Variables?
An exogenous variable in an economic model is one whose value is chosen external to the model and forced upon it, and an exogenous change is a change to an exogenous variable. An endogenous variable, on the other hand, is one whose value is decided by the model. A change in an endogenous variable as a result of an externally imposed change is known as an endogenous change. In econometrics, the term endogeneity has a similar but separate meaning. In the econometric model, an endogenous random variable has a correlation with the error term while an exogenous random variable does not.
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almonds are a crop that grows on trees. farmers do not need to replant trees every year to produce a crop of almonds. it takes at least five years after planting for trees to bear fruit. several factors such as weather, disease, and long term projections about price impact the supply of almonds available. barley is a grass that must be planted each year to produce a crop. the growing season is short, about three to four months. several factors influence farmers' decisions to plant barley each year, including price, weather, and disease.
Almonds are a crop that grows on trees and takes several years to bear fruit. A. Almonds have more inelastic supply in the short run because little can be done to change production in the short run.
What is supply?Supply is the availability of goods or commodity that is available to meet the demand, to be sold and to be consumed by the ultimate consumer.
The goods pass through a list of channels to the ultimate consumer, the economists regularize the supply to meet the demand of the specific commodity.
On the other hand demand is the want that is developed at the consumer end and this demand needs to be met for the economy to sustain, if the demand is not met the consumer will consume imported goods.
Almond is inelastic as the production or the supply is less in the short run as it takes at least five years for the plant of almond to bear the fruit.
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Missing options of the question are
Based on this information. Which of the followings are true?
a. Almonds have a more inelastic supply in the short run because little can be done to change production in the short run.
b. It is impossible to infer anything about the price elasticity of supply for these two crops.
c. Barley has a more inelastic supply in the short run because barley is more dependent on price in the short run.
d. The crops have the same price elasticity of supply because they are both agricultural commodities.
globalization is) the increasing interconnectedness of people and places throughout the world through converging processes of economic, political and cultural change.
The increasing interconnectedness of people and places throughout the world through converging processes of economic, political, and cultural change is globalization.
Higher investments encourage the development of infrastructure, and the production of better goods and services, which in turn spurs economic growth and raises per capita income.
Additionally, it supports international trade and a balanced global economy. Social fairness and global diversification will bring people from different countries together.
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If expansionary taxation policies encourage growth, are they always appropriate to implement?.
Yes, the govt. will still make sure that individuals and businesses still receive all necessary services. The taxation policies encourage growth, are they always appropriate way to implement.
Fiscal policy is that the use of presidency spending and taxation to influence the economy. Governments typically use economic policy to market strong and sustainable growth and reduce poverty. The role and objectives of economic policy gained prominence during the recent global financial condition, when governments stepped in to support financial systems, jump-start growth, and mitigate the impact of the crisis on vulnerable groups. Fiscal policy refers to the utilization of presidency spending and tax policies to influence economic conditions. Fiscal policy is basically supported ideas from British economist John Maynard Keynes.
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5. when a customer chooses to accept an item of value from a business because it requires no incremental spending on the part of the customer, the customer is demonstrating the principle that:
Answer:
the customer is rational and will accept an item of value that has no opportunity cost.
Explanation:
the customer is rational and will accept an item of value that has no opportunity cost because it does not require any additional spending. This is important because, in order for a business to be successful, it needs to understand what motivates customers and how they make decisions. If a business can provide customers with an item of value that requires no additional spending, it is likely to be successful in attracting and retaining customers.
replacement involving a life policy or annuity includes; lapsing a policy, converting to reduced paid-up insurance, reissuing a policy with a reduction in cash value,
True, replacement involving a life policy or annuity includes; lapsing a policy, converting to reduced paid-up insurance, and Reissuing a policy with a reduction in cash value.
An insurance policyholder and an insurer or assurer enter into a contract for life insurance under which the insurer agrees to pay a predetermined beneficiary a certain amount of money in the event that the policyholder dies. Other occurrences, like critical illness or terminal illness, may also result in payment, depending on the terms of the contract. Benefits from life insurance policies may be used to assist with final expenses after your death. Funeral or cremation expenses, uninsured medical expenses, estate settlement costs, and other unpaid debts may fall under this category. A life policy can be helpful, especially for parents of young children, people who support a spouse, and people who care for the disabled. Though, It is not necessary for life insurance to be a part of everyone's estate plan.
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to boost company recognition, raphael, the president of streetlife entertainment, makes daily blog entries. emphasis on ethics changing communication technologies nonterritorial offices
Changing communication technologies is a main point to boost company recognition, Carlos, the president of StreetLife Entertainment, makes daily blog entries.
What is communication ?Whether municipal, regional, or federal, taxes are mandated payments made by individuals or businesses to the government. Government programs like Social Security and Medicare as well as public infrastructure and services like roads and schools are funded by tax income.
Taxes are borne by whoever bears the cost of the tax, whether this is the entity being taxed, such as a business, or the final users of the items produced by the firm. Taxes of all kinds, including payroll taxes, federal and state income taxes, and sales taxes, need to be taken into account from an accounting standpoint.
The government collects taxes as a required contribution.
Federal income taxes in the US are collected by the Internal Revenue Service (IRS).
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geothermal’s wacc is 11.3%. executive fruit’s wacc is 12.2%. now executive fruit is considering an investment in geothermal power production.
The risk of the project determines the discount rate, and in this case Geothermal's WACC is more reflective of the risk of the project in question. The proper discount rate, therefore, is not 12.2%.
Executive Fruit should use the WACC of Geothermal, not its own WACC, when evaluating an investment in geothermal power production. The proper WACC to use is 11.3%.
What does investment mean?
Investments are assets or items acquired for the purpose of income or capital appreciation. Valuation refers to the increase in value of an asset over time. When a person purchases a commodity as an investment, the intention is not to consume the commodity, but to use it to create wealth in the future.
What are the investment benefits?
Investing is an effective way to invest money and potentially build wealth. With smart investments, money can outperform inflation and increase in value. The huge growth potential of investments is largely due to the power of compound interest and the risk/return trade-off.
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In business messages, the quantity of words enhances the quality of the message. True or false
The statement, In business messages, the quantity of words enhances the quality of the message is False.
When a brand communicates with a consumer via a messaging channel, it is said to be doing business messages. The channels enable back-and-forth, two-way discussions in words instead of communications blasts like adverts or mass email send, empowering both consumers and businesses to communicate with one another. Clear goals to educate, convince, or work together in words with the target audience are characteristics of effective business messaging. The intended audience's comprehension level, possible response, and relationship to the composer should all be taken into consideration while crafting the message. There are four major categories of corporate messages: directional (i.e., up or down), lateral (i.e., to the side), and external. Within a company, there is no one "best" approach to communication.
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It is based on the bond’s rating; the higher the rating, the lower the premium added, thus lowering the interest rate. True or false?.
The following statement is true. because the higher the rating, the lower the premium added, thus lowering the rate of interest.
In a financial market context, the prospect that an investment will provide an occasional or negative return. It's supported the bonds rating; the upper the rating, the lower the premium added, thus lowering the rate. interest rates on short-term maturities are not up to rates on long-term maturities. A valuation could be a thanks to measure the creditworthiness of a bond, which corresponds to the value of borrowing for an issuer. These ratings typically assign a letter grade to bonds that indicates their credit quality. Therefor, the statement is true.
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the total value of inputs used in the production of 100,000 units of a good manufactured in a country is $150,000. assume that the country produces only this good and each unit of the good sells for $10. what is the gdp of the country? group of answer choices
The total value of inputs used in the production of 100,000 units of a good manufactured in a country is $150,000. assume that the country produces only this good and each unit of the good sells for $10. The gdp of the country is $1,000,000
Total valve of input = $150,000
Total valve of production = 100,000 [tex]\times[/tex] $10 = $1,000,000
So the correct answer is $1,000,000
What is GDP?
A monetary indicator of the market worth of all the finished goods and services produced in a nation over a given time period is called the gross domestic product (GDP).This measurement is frequently changed before it can Because it is so intricate and subjective, it cannot be trusted as an indicator. Using GDP per capita at buying power parity as a benchmark, one can compare the standard of life of nations (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. However, GDP (nominal) per capita does not take into account variations in the countries' inflation rates and cost of living. It is also possible to quantify the contribution of each industry or sector to the overall GDP.
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scope, cultural influence, and market practices are considerable operational differences of global businesses from that of domestic businesses.
It is False,
What are the effects of cultural differences on global business?
It's simple to forget that you have a culture since it affects so many different facets of how people act. People learn to adjust to cultural norms as they get older, but if you conduct business overseas, you'll quickly realize that not everyone wants to conduct business the same way you do. The appropriate answers to particular social circumstances are determined by a society's cultural norms.
Three key elements of international business are impacted by culture: organizational hierarchy, communication, and etiquette.
Understanding how culture affects business is now a fundamental skill that a multinational firm has to have in order to succeed.
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acme valves, inc., has been a successful player in the oil field supply industry in the last 15 years. acme maintained its strategy and product characteristics over this time period. however, the company has experienced declines in sales and profits over the last four quarters. the ceo of acme should:
The CEO of acme should conduct an analysis of the external environment.
All of the bodily environment on earth is called the environment. The environment consists of the entirety residing and the whole lot nonliving. The nonliving part of the surroundings has three principal elements: the ecosystem, the hydrosphere, and the lithosphere.
Environment plays an essential function in wholesome dwelling and the life of existence on planet earth. Earth is a home for extraordinary living species and we all are dependent on the environment for meals, air, water, and other desires. therefore, it is essential for each individual to save and protect our surroundings.
Environment especially includes the atmosphere, hydrosphere, lithosphere, and biosphere. However, it may be roughly divided into types which include (a) Micro surroundings and (b) Macro surroundings. It could additionally be divided into two different sorts consisting of (c) bodily and (d) Biotic environment.
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Why is it important to review your checking account statement? what fees might this help you avoid? explain your answer.
It is important to review your checking account statement it contains useful information, where your money is manipulated, or the credits and debits are ongoing in your account.
Regularly checking your account gives you information and reminders about the bank charges, such as overdraft charges, transaction fees and the minimum amount charges. By regular seeing your bank statement can also provide past transaction by which you can provide a proof whenever it is required. And this feature also helps you in preventing from fraudulent activities.
If your spending patterns do not match your earning potential, seeing the closing balance on your accounts at the conclusion of your statement cycle can be a frightening experience.
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reducing the price of laptop computers is considered a (one word) incentive since the opportunity cost decreases when the price falls.
Reducing the price of laptop computers is considered a - Positive incentive since the opportunity cost decreases when the price falls.
Answer is - Positive
Positive incentive
A positive incentive degree is an monetary, legal or institutional measure designed to inspire beneficial sports. wonderful incentive measures encompass for example incentive payments for natural farming, agricultural land set-apart schemes as well as public or supply-aided land purchases or conservation easements.
What are examples of positive incentive?
Positive incentives reward effective work conduct which includes collaboration among personnel and assembly deadlines. high-quality incentives can include reward, bonuses, profession advancements, incomes extra holiday days, present certificates and other monetary rewards.
What's Positive incentive in psychology?
Positive-incentive price is the predicted satisfaction involved inside the overall performance of a selected conduct, consisting of ingesting a selected food or consuming a selected beverage. it is a key element of the high quality-incentive theories of hunger.
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You see a coworker struggling to connect with a Customer.
They step away from the Customer briefly, and you quietly
offer assistance. They insist they're fine on their own
What would you be most and least likely to do?
a social worker has recently terminated therapy with a client. two months later she hires the client as a paid social work intern who is to function under her supervision. this would be considered:
A social worker has recently terminated therapy with a client. two months later she hires the client as a paid social work intern who is to function under her supervision. this would be considered Unethical.
Social work is a practice-based profession that promotes social change, development, cohesion and the empowerment of people and communities. Social work practice involves the understanding of human development, behavior and the social, economic and cultural institutions and interactions. Social work professionals working with families and institutions have helped to provide and advance the following social impacts: Civil Rights, Unemployment Insurance, Disability Pay , Workers’ Compensation and Reduced Mental Health Stigma.
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