The business analytics in my personal life will make be to make wise and informed decision in my everyday expenses and to know what to include in my budget.
How is business analytics used in real life scenario?Business analytics is known to be one that gives a lot of advantages to people as well as companies.
It an help them to be able to uncover some level of insights into previous, present and future business works and the use if quantifiable data can be employed in decision-making in terms of marketing, finances, etc.
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Which of these are some strategies to manage the risks of economic nationalism and political risks? purchase insurance find local partners increase research and development.
Answer:
-limit R&D, local partners, insurance, and hedging
-adds more strategy to the mix
-Strategic planning to include:
--Scenario planning and stress testing
--Address potential stakeholders in planning process (e.g. include schools, infrastructure, hospitals in plans)
Some strategies to manage the risks of economic nationalism and political risks are adding further strategy to the mix are limit R&D, local partners, insurance, and hedging.
What is economic nationalism?A circumstance where a nation attempts to safeguard its own economy by limiting foreign investments and imports: The US was viewed as the principal adversary of economic nationalism and protectionism.
Economic nationalism should be viewed as a collection of methods for developing, supporting, and defending national economies in the setting of international markets.
Economic instability, nationalist movements, and expanded governments all contributed to the growth and institutionalization of economic nationalism in the 20th century.
Due to convictions that industry has beneficial spillover effects on the rest of the economy, improves the nation's self-sufficiency and political independence, and is an essential component in developing military power, economic nationalism frequently emphasizes industrialization.
Economic nationalism, also known as "Mercantilism" and "Realism" in a broader sense in the study of international affairs, is characterized by its tendency to be a zero-sum game.
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Which statement is true about letters of credit?
OA. They are described in Article 4A of the UCC.
B. They are frequently used by new businesses.
C. They are issued by businesses to banks.
OD. They are used only for domestic transactions
Answer:
B. They are frequently used by new businesses.
Explanation:
Letters of credit are frequently used by new businesses because they are new and can be a financial risk investment because of how unstable they can be when starting off. Letters of credit guarantees the safety of the payments to another a bank.
To increase the likelihood of preparing the most effective advertising messages, companies use ____, a category of IMC research. Group of answer choices tracking central location testing attitude testing pretesting unaided recall
To increase the likelihood of preparing the most effective advertising messages, companies use Pre-testing, a category of IMC research.
What do you mean by pre-testing advertising technique?Pretesting first evaluates the ad before playing it so that the chances of preparing the most effective ads, by allowing the opportunity to identify and eliminate weaknesses or errors increase.
Post-test testing is done after the ad has been published in the media.
Hence, the correct Option is Pre-testing advertising technique.
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In the United States, wetlands, formerly called swamps, used to be seen in negative terms as places with no positive values.
a. True
b. False
Answer:
True
Explanation:
I found the answer online
In order to be reported, liabilities: Multiple Choice Must be of a known amount. Are at times estimated if the exact amount is not known. Must have certainty in exactly whom to pay. Always have a definite date for payment. Will always require a future outflow of cash.
In order to be reported, liabilities, such as contingent liabilities, are at times estimated if the exact amount is not known.
What is contingent liability?A contingent liability is a possible liability that may arise in the future, like unresolved court cases or product warranties that must be honored.
The liability should be recorded in a company's accounting records if it is expected to arise and it is possible to reasonably estimate the amount.
To guarantee that the financial statements are accurate and compliant with GAAP or IFRS requirements, contingent liabilities are at times estimated and recorded.
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The excerpt most directly expresses an economic perspective that:.
Prioritized regional interests is the excerpt most directly expresses an economic perspective. Since the south already had rivers to carry products and they did not want to invest on roads and canals that would not help American.
What is economic perspective?The application of the principles of optimizing behavior, demand, and supply to institutions and conduct in the political sphere is referred to as "economics from a political perspective."
Conservative economists, Progressive economists and Radical economists are the three discipline of economics.
Thus, Prioritized regional interests is the excerpt that express economic perspective.
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bank which must hold 100 percent reserves opens in an economy that had no banks and a currency of $150. If customers deposit $50 into the bank, what is the value of the money supply
Assuming the reserves opens in an economy that had no banks and a currency of $150.The value of the money supply is $150.
What is money supply?Money supply can be defined as the flow of money or amount of money that is in circulation in a country at a particular period of time.
Since the bank hold 100% reserve and a currency of $150 the value of the money supply will be $150.
Therefore the value of the money supply is $150.
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A general decrease in wages will result primarily in the _____ curve shifting to the _____. aggregate demand; left short-run aggregate supply; left short-run aggregate supply; right aggregate demand; right
A general decrease in wages will result primarily in the aggregrate demand curve shifting to the shifting to the right.
What is the impact in the decrease in wages?
When there is a decrease in wages, it becomes cheaper to hire labor. As a result, there would be an increase in the demand for labor. This would shift the demand curve for labor to the right.
The decrease in wages, would shift the long run aggregrate supply curve to the left.
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The hypothetical country of Villagestan has no imports, no income taxes, and current real GDP that equals $150 million . Calculate the new level of real GDP if investment spending increases by $13.5 million and the marginal propensity to consume (MPC) is 0.7 .
Based on the current level of GDP, the investment spending, and the MPC, the new level of the real GDP will be $195 million.
What is the new level of the GDP?First find the investment multiplier as:
= 1 / (1 - MPC)
= 1 / (1 - 0.7)
= 3.333
The new level of GDP is:
= Current level of GDP + (Investment spending x Multiplier)
= 150 + (13.5 x 3.333)
= $195 million
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The economic term for the want-satisfying ability, or value, that organizations add to goods or services is
The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
What is utility?Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.
It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.
Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
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In 2020 a U.S. private entity reported $8 million of goodwill in last year's balance sheet. The entity has elected the accounting alternative for subsequent measurement of goodwill. How should the entity calculate its reported goodwill for the current year?
The private entity should calculate its reported goodwill for the current year by evaluating goodwill impairment.
What is goodwill impairment?Goodwill impairment occurs when the carrying value of acquired goodwill on financial statements exceeds its fair value.
Accounting standards allow for the evaluation of goodwill impairment at the end of the financial period.
The evaluation of impairment shows the difference (impairment loss) between the carrying value and the fair value of goodwill, which reduces the book value of goodwill.
Thus, the private entity should calculate its reported goodwill for the current year by evaluating goodwill impairment.
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A kanban card is used to signal that: Select one: a. A machine has broken down. b. Work is needed from the preceding station. c. A worker has run out of parts. d. Work is ready to be moved to the next
A kanban card is used to signal that Work is ready to be moved to the next.
What a Kanban Card is used for?The Kanban system or process is based on product signals throughout its production process from start to finish.
When a "customer service center" removes something from the store, a "kanban" or signal goes with the equipment. So this is a "pull" system that is driven by need.
Thus, A kanban card is used to signal that Work is ready to be moved to the next. Option D is correct statement.
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Question 10 of 10
What is one of the main benefits of using slide transitions?
Answer:
they have a timer function that can help your presentation stay on pace.
Otto is one of many employees working from home. Because his home is located in a rural area, the only form of connectivity available is dial-up. To connect to his office located in an urban community, what must the IT department set up
Given that the only type of connectivity that they have is a dial upo, it would be necessary for the IT department to set up a remote access network.
What is a remote access network?This type of network is the type that gives the ability to use the system or a given network even tough one is not present at the time.
This is a network that allows one to work while thaey are offline. This type of network would be good for Otto.
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When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because it ______.
When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because net income is a starting point in measuring cash flows from operating activities
What is a Balance Sheet?This refers to the inventory taken for all goods available in a warehouse, showing its financial records.
Hence, we can see that when a person is preparing the statement of cash flows with the indirect method, there is the addition of depreciation expense simply because the net income must be factored in.
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Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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Petra has been working in procurement for two years. She is interested in doing something new with supply chain operations that would build on her current skills. What would inhibit her from advancing her career
The factor that would inhibit Petra, who works in procurement, from advancing her career in supply chain operations is her professional qualification.
How is supply chain management different from procurement?Procurement concentrates on acquiring goods and services needed in an organization.
Supply chain management embraces all the activities involved in the procurement, production, and distribution of an organization's goods and services until they reach the end-users and create value for the organization.
Thus, the factor that would inhibit Petra, who works in procurement, from advancing her career in supply chain operations is her professional qualification and experience.
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Jonathan's father opens a fast food restaurant selling burgers and hot dogs. After a couple of years, Joe's sister designs a logo for the food outlet.
The logo shows a smiling cheeseburger wearing a white cap over the brand name. Everybody liked the design, and now Joe would like to register
the design as their own. How can Joe get the design registered?
A.
as a patent with the United States Patents Office
OB. as a trade secret with the United States Trade Office
OC. as a trademark with the United States Patents and Trademark Office
OD. as a brand name with the United States court of law
OE. as a copyright with the Copyright Office
Jonathan can get the design registered as a trademark with United States Patents and Trademark Office. Thus, Option C is the correct statement.
What is the importance of a registering a trademark?Trademarking a logo is a simple process, but important considerations should be made before, during, and after the application filing process.
Logos are a distinct and important business asset that can make an unique impression on customers.
Therefore, in order to protect a logo and its unique identifier(s), business owners should think of trademarking a logo with the United States Patent and Trademark Office (USPTO). Option C is the correct statement.
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Answer:
C
Explanation:
These are the people that will give you the trademark.
Diego wants to expand his business to build a warehouse and office building for $2 million. He'll use the 5 acre property he owns and currently rents to a local cattle rancher for $5,000. What are the implicit costs of of this expansion
The rents of $5,000 that Diego currently receives from the local cattle rancher are the implicit costs of this expansion.
What is an implicit cost?An implicit cost can e described as the opportunity cost that a company must forgo in order to use a factor of production that it already owns and hence does not have to pay rent for it.
In this case, the implicit costs are the $5,000 rents Diego currently receives from the local cattle rancher
Implicit cost is the polar opposite of an explicit cost which is paid directly such as the $2 million Diego wants to build a warehouse and office building.
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A virtuous cycle refers to the development of new products that follows when a monopoly earns economic profits.
A. True
B. False
A virtuous cycle refers to the development of new products that follows when a monopoly earns economic profits.
What is virtuous cycle?A virtuous cycle serves as the cycle that brings about increased productivity, increased exports, and increased growth.
Therefore, in increased productivity, increased exports, and increased growth the result of an increase affect the other.
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When trying to assess whether an applicant will be a good performer, managers utilize interviews, background information, paper-and-pencil tests, and references, which are known as _____
When trying to assess whether an applicant will be a good performer, managers utilize Selection Tools.
What selection tools?Selection is the process that managers in all organizations use to determine:
The qualifications of job applicants. Their performance potential.The known selection tools include:
Paper-and-pencil testsPhysical abilities testPerformance testsBackground informationInterviewsReferences.Thus, when trying to assess whether an applicant will be a good performer, managers utilize interviews, background information, paper-and-pencil tests, and references, which are known as Selection Tools.
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A ________ would most like argue in favor of more progressive taxation, strong reproductive rights, and foreign aid to poorer nations.
A socialist would most like argue in favor of more progressive taxation, strong reproductive rights, and foreign aid to poorer nations.
Who is a socialist?Socialist is a person that stand to fight and support the poorer nations for their maximum rights and access to essentials in which other nations benefits from.
They support and fight for them in terms of progressive taxation, reproductive Rights and so on.
Therefore, socialist would most like argue in favor of more progressive taxation, strong reproductive rights, and foreign aid to poorer nations.
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Davidson company received $80,000 from the issuance of bonds, paid cash dividends of $10,000, sold long-term investments for $12,000, and purchased new equipment for $19,000. What is the net cash flow from financing activities?.
Based on Davidson Company's cash from bonds, and cash dividends paid, the net cash flow from financing activities is $70,000.
What is the net cash from financing activities for Davidson Company?The financing activities have to do with debt, and stock.
The net cash from financing acitivities is therefore:
= Bond issuance - Cash dividends paid
Solving gives:
= 80,000 - 10,000
= $70,000
In conclusion, the net cash from financing is $70,000.
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Located on a college campus, Howie's Hot Dog Hut charges $3.99 for its deluxe dog basket. However, students receive a 10 percent discount off the price for showing their student ID. This is an example of
The discount offered to students who buy the hot dog is an example of price discrimination.
What is price discrimination?
Price discrimination is when the same product is sold at different prices to customers in different markets
Third degree price discrimination is when a firm charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Here is the complete question:
Located on a college campus, Howie's Hot Dog Hut charges $3.99 for its deluxe dog basket. However, students receive a 10 percent discount off the price for showing their student ID. This is an example of
Multiple Choice
predatory pricing.
price fixing.
price inflation.
price discrimination.
deceptive pricing
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A company sells a product for $3. Direct materials are $1.80 per unit. The company prepares a flexible budget at two sales volumes. At a sales volume of 50 units, budgeted direct materials will be $ . At a sales volume of 60 units, budgeted direct materials will be $
Answer:
$150 for budgeted direct materials and $180 for budgeted direct materials.
Explanation:
You take direct materials of 1.80 x sales volume of 50 units= budgeted direct material $90
To find a sales volume of 60 units, you take $1.80 of direct material X sales volume of 60 units= budgeted direct material of 108.
Select the correct answer from each drop down-menu.
Mike wants to create graphics for web pages and use them in e-learning sector. Which career is most suitable for Mike?
Mike can choose to be a ____ to create graphics for web pages and use them in e-learning sector. Jobs in this field demand at least a ____ degree in computer graphics, art, or a related field.
1st blank options are: sound producer, photographer, or multimedia artist.
2nd blank options: bachelor’s, associate, master’s
Mike wants to create graphics for web pages and wants to use them in e-learning. Mike can choose to be a Multimedia artist and this field requires at least a bachelor's degree in computer graphics, art, or related fields.
What do you mean by graphics?Graphics refer to the visual designs or images to illustrate, entertain or inform.
Multimedia artists are innovators that develop animation and designs for various industries.
Mike can choose to be a multimedia artist to create graphics for web pages and can use them in the e-learning sector. Jobs in this field demand at least a bachelor's degree in computer graphics or a related field.
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In a resource constrained project, the work must be finished by a certain time, or date, as efficiently as possible. True False
In a resource-constrained project, the work must be finished by a certain time or date, as efficiently as possible: False
What is a resource-constrained project?A resource-constrained project can be defined as any form of limitation of inputs or risks that are related to resources, which may serve as an obstacle to the successful completion of a project in due time.
This ultimately implies that, it is false to say that the work must be finished by a certain time or date, as efficiently as possible in a resource-constrained project.
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A decision-making process that managers use to determine how to invest the company’s funds in major capital assets, such as new facilities, equipment, and research and development projects is called.
A decision-making process that managers use to determine how to invest the company’s funds in major capital assets is capital budgeting.
What is capital budgeting?It should be noted that capital budgeting simply means the process undertaken by a business to evaluate investments.
In this case, the decision-making process that managers use to determine how to invest the company’s funds in major capital assets is capital budgeting.
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Jed owns corporate stock with a tax basis of $5,000 and a fair market value of $47,000. If Jed contributes the stock to a charitable organization, he can take an itemized deduction of $
If Jed contributes the stock to a charitable organization, he can take an itemized deduction of $5,000.
What is Itemized deduction?Itemized deduction can be defined as the money a tax payer can claim on their tax return so as to reduce their taxable income.
The tax basis of the amount of $5,000 is the amount that Jed can take as an itemized deduction.
Therefore Jed can take an itemized deduction of $5,000.
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How has information technology impacted the economy? choose three answers. it has allowed economists to better predict how resources should be allocated. it has assisted governments to make better economic policy decisions. it has become more difficult for businesses to identify when shortages will occur. it has steadily increased the amount of time to share data between locations. it has expanded growth and outlook in information technology careers.
The IT impacted the economy by able to predict about resource allocation, governments policy decisions, employment in information technology sectors has grown.
What is information technology?Anything relating to computing technology is referred to as information technology.
Information technology (IT) is the creation, process, storage, security, and sharing of all types of electronic data using computers, collection, connectivity, and various physical devices, infrastructure, and procedures.
Economists are more knowledgeable about how resources should be allocated. Economic policy decisions can be made more effectively by governments.
The number of persons working in the information technology industry has risen.
Therefore, option A, B, and E are correct.
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Answer:
option A, B, and E are correct
Explanation: