The idea of competition is an important element of the US free enterprise system that encourages people to improve their material well being.
What principle motivates people to better their material well-being and is a key component of the US free enterprise system?Competition incentivizes entrepreneurs to introduce innovative products and services, which can increase the material well being of consumers.Entrepreneurs must be able to differentiate their products and services from those of their competitors in order to be successful.This competition can lead to lower prices, higher quality, and greater variety of goods and services that are available to consumers.It also encourages businesses to be more efficient and to use their resources more effectively.This competition can create an environment in which businesses are driven to innovate, creating more jobs and opportunities for people to improve their material well being.The US free enterprise system also encourages investment in new businesses, which can create more opportunities for people to improve their material well being.These investments can lead to the development of new technologies and products, which can open up new markets and create more jobs.In summary, competition is an important element of the US free enterprise system that encourages people to improve their material well being by providing incentives for innovation, investment, and entrepreneurship.To learn more about the idea is an important element of the US free enterprise system refer to:
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The control principle related to not having the same person authorize and pay for goods is known as
O establishment of responsibility.
O separation of duties.
O independent internal verification.
O rotation of duties.
The control principle related to not having the same person authorize and pay for goods is known as separation of duties.
Option B is correct.
What is control principle?The control principle states that we are morally judged only when it is within our control to be judged morally. It is important to recognize that there is.
What is segregation of duties?Separation of duties is a means of ensuring that no one has sole control over the life of a transaction. Ideally, no one should be able to initiate, record, approve, or coordinate transactions.
Why is segregation of duties important?Separation of duties is important for effective internal control because it reduces the risk of wrong or inappropriate behavior. All units should separate their functional responsibilities so that they cannot make mistakes, intentionally or unintentionally, without being discovered by others.
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When individuals go from government to business, and business to government, often in relatively short stints, it is called what
When individuals go from government to business, and business to government, often in relatively short stints, it is called the revolving door.
The phrase "revolving door" refers to instances where a public official or employee resigns from or relinquishes their position in the public eye to advocate for their own or other private entities before the same government.
Such instances have become more common in democracies in recent years as a result of increased lobbying efforts, which has sparked discussion about the extent to which former government officials are permitted to use the contacts and knowledge.
They have built up during their time in the public sector to enrich themselves or exert undue influence over legislation that is currently being drafted or amended.
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arketers conduct marketing research primarily to Multiple Choice choose a market-entry strategy. create a new budget and financial plan. track the actions of competitors. implement a marketing plan. reduce risk and improve marketing decisions.
Marketing research aims to approach its assignment in a methodical and impartial manner. This entails creating a thorough and well-thought-out research strategy that specifies each stage of the investigation.
If marketing management wants to have enough faith in its findings to be willing to make hazardous decisions based on them, impartiality in marketing research is crucial. To this goal, marketing researchers use the scientific approach to the greatest extent feasible. The scientific method is unique in that it transforms implicit assumptions, conceptions, and views into explicit statements (or hypotheses). These are empirically tested. Alternative explanations for the occurrence or phenomenon of interest are also taken into account on an equal basis. A better rice milling device was created not too long ago by a business that specialised in agricultural engineering. The device was brought into Thailand where the country's previous rice mills had a design that produced a high rate of damaged machines (broken kernels).
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who likes taco bell because i do
The private enterprise system assumes that competition benefits consumers. Group of answer choices True False
The given statement is true about the private enterprise system assumes that competition benefits consumers.
Consumers are individuals or groups who do not actively engage in entrepreneurial or commercial operations but who plan to order or use acquired goods, services, or products primarily for personal, social, family, or household requirements. A person who buys products and services for personal consumption is most frequently referred to by the word. The primary goal of a consumer's purchases in an economy is consumption, not resale or business. Buyers of products or services make a financial investment before consuming. As a result, consumers are a core component of all economies and play a crucial role in the economic system of a capitalist society. Without consumer demand, one of the main driving forces behind production the desire to sell to customers would not exist.
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The Great Resignation, also known as the Big Quit, is an economic trend in which employees voluntarily resign from their jobs en masse, beginning in early
The Great Resignation, also known as the Big Quit, is an economic trend in which employees voluntarily resign from their jobs en masse, beginning in early 2021. This trend was a result of the COVID-19 pandemic and the economic downturn it caused.
Many employees were facing job insecurity and financial instability and chose to resign in search of more stable employment opportunities. The trend was also a result of the shift towards remote work, which enabled employees to explore job opportunities in different locations. The Great Resignation had a significant impact on the labor market, causing an increase in unemployment and a shortage of workers in certain industries. It also highlighted the need for more flexible and secure employment options for employees and the potential changes in the way we work and live due to the pandemic.
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What are the four steps in solving one's personal financial challenges?
The four steps that are involved in solving one's personal financial challenges are-
considering opportunity costs.assessing risks and returns.setting short- and long-term goals.assessing needs and wants.Financial challenges refers to being unable to pay debts over the short or long term. The financial challenges can be caused various reasons such as- by losing a job or being retrenched, being unemployed or unable to find sufficient work, having debts that can't be paid, or worrying about expected financial pressures.
Causes of financial challenges-
Lack of financial knowledgePersonality traitsEconomic factorsRelationship issuesUnexpected hardshipsThe fixing of a financial problem will depend on the cause and specific issue. The main should be to not just fix your short-term financial issues but to make a plan to also improve your financial situation for the future.
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Which of the following is the most accurate statement about the impact of business on society?
a. Businesses often improve the quality of life, but can do little to improve the standard of living of most people due to inflation.
b. When businesses earn a profit for their owners, they usually do so at the expense of the rest of society, which proves it is never a win-win situation.
c. While businesses often improve the standard of living within a society, they can do little to improve the quality of life.
d. Businesses can have a positive impact on both the standard of living and the quality of life within a society.
The one that is the most accurate statement about the impact of business on society is option D. Businesses can have a positive impact on both the standard of living and the quality of life within a society.
What is the impact of business in today's society?Businesses play a significant role in today's society by providing goods and services that meet the needs and wants of consumers. They also create jobs and economic growth, and contribute to the development of communities and countries.
However, businesses can also have negative impacts on society, such as environmental degradation, exploitation of workers, and contributing to income inequality.
Therefore, it is important for businesses to operate in a socially responsible and ethical manner.
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What do capital resources increase?
The capacity of a process can be increased by using capital resources to boost productivity. Capital assets increase a company's productivity and efficiency.
Productivity is a measure of how effectively commodities or services are generated. Productivity is sometimes expressed as a ratio of the entire output to a single input or the total input used in a production process, or output per unit of input, typically over a predetermined time period. The most typical illustration is the (aggregate) measure of labor productivity, where GDP per worker is one example. The choice of a productivity definition (including those that do not relate to ratios of output to input) is dependent on the objective of the productivity measurement and/or the availability of data. The main cause of variability across productivity measures is often (directly or indirectly) connected to how the inputs and outputs are combined to produce such a ratio-type productivity measure.
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hen a store has a sale, it cuts the prices on the goods it sells. Is that more likely to happen when there is a surplus orwhen there is a shortage
What are the portfolio weights for a portfolio that has 170 shares of Stock A that sell for $91 per share and 145 shares of Stock B that sell for $110 per share
A collection of securities or financial assets is called a portfolio. Because diversification reduces a significant portion of the risk associated with a single security, rational investors invest in a portfolio of securities.
How is portfolio weight return calculated?It's not hard to figure out. To convert to a percentage, simply divide the cash value of each stock position by the total value of your portfolio and multiply by 100. How dependent each of your individual stocks is on the performance of your portfolio is shown by these weights.
The proportion of a portfolio that is invested in a security is called portfolio weight. It is calculated by dividing a security's dollar value by the portfolio's total dollar value.
The portfolio weights are shown in the following table:
Stock Value Weights
A 145 x 86 equals $12,470 0.54
B 120 x 90 equals $10,800 0.46
Total $23,270 1 Weight of A equals 12,470 x 23,270 = 0.54
Weight of B equals 10,800 x 23,270 = 0.46.
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The portfolio weights for Stock A is 0.4923
The portfolio weights for Stock B is 0.5076
How to calculate?first step: calculate the total value
= 170 (91) + 145 (110) = 15470 + 15950 = $31420
hence,
portfolio weights for each stock is calculated as:
Stock A = 170 (91) / 31420 = 0.4923
Stock B = 145 (110) / 31420 = 0.5076
Why is a 60/40 portfolio good?A 60/40 portfolio invests 60% of your assets in stocks and 40% in bonds. The purpose of the 60/40 split is to minimize risk while generating returns, even during periods of market volatility. The potential downside is that it probably won't produce as high a return as a stock-only portfolio.
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The transportation development described in the excerpt had which of the following effects on agriculture in the United States
To counter the dominance of rail companies, farmers created cooperative associations.
What do you meant by transportation development?What recent innovations best explain the shift in agriculture shown in the graph? New towns and cities that needed agricultural products grew as a result of the extraction of western resources.
Which of the following best explains why technical innovation's impact on the manufacturing of commodities continued into the late 1800s? The amount of things that factories could produce rose as a result of new industrial equipment.
Due to the restriction on immigration from eastern Asia in the late 1800s, violent conflicts increased in the western United States. Debate about how to set up the country's economy was sparked by economic changes.
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What are some trends impacting human resource management?
Trends impacting human resource management are: Automation, Big Data, Workplace Culture, Employee Engagement, Globalization.
What is human resource?
Human Resources (HR) is the department within a company responsible for the management of people and their relationships. HR is responsible for recruitment, employee orientation and training, labor relations, payroll and benefits, employee performance management, and compliance with applicable laws and regulations. HR is also responsible for creating and implementing effective strategies to attract, retain, and motivate employees. The ultimate goal of HR is to ensure that the organization's human capital is used effectively and efficiently to meet the organization's goals and objectives.
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When a market is in equilibrium, Group of answer choices producers earn profits excess demand is less than excess supply the maximum possible price is achieved the minimum possible price is achieved there is no incentive for consumers or producers to change their current behavior
When a market is at equilibrium, neither consumers nor producers have any reason to modify their existing behavior. Hence, the correct answer is there is no incentive for consumers or producers to change their current behavior.
What exactly is an equilibrium market?In the absence of external forces, economic equilibrium is a situation in which economic elements such as supply and demand are balanced and the values of economic variables do not fluctuate.
Market equilibrium is a circumstance in this scenario in which a market price is formed via competition such that the number of goods or services sought by buyers matches the number of goods or services provided by sellers. This price is sometimes referred to as the competitive price or market clearing price, and it is unlikely to change unless demand or supply changes, at which point the amount is referred to as the "competitive quantity" or market clearing quantity.
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1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .
Answer:
need more info (incomplete)
Explanation:
where are the final goods and services produced that are included in germany's gdp?
In Germany, the final goods and services produced are included in Germany's GDP.
Germany has a social market economy that is very advanced. Its national economy is the biggest in Europe, ranks fourth globally in terms of nominal GDP, and ranks fifth globally in terms of GDP (PPP). The International Monetary Fund estimates that in 2017, the nation contributed 28% to the economy of the euro region (IMF).
Germany is a founding member of both the Eurozone and the European Union. With a $310 billion trade surplus, Germany had the largest surplus ever in 2016.
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Which of the statements is the best
"overview" of a business's financials?
A. Balance Sheet
B. Income Statement
C. Cash Flow Statement
Answer:
Cash over flow ~AU ( ;
Explanation:
What are the goals of a society?
The main goals of a society are the following:
Living in a system that guarantees the safety, education, health, and work of all members of society.Guarantee the freedom of expression of all people and media in society.Have a justice system that guarantees the human rights of all, such as the right to vote and freedom.Guarantee the peace of society away from wars or social or political conflicts.Guarantee adequate economic and social conditions so that citizens can live with quality of life and do not have to emigrate from the country.Promote the protection and well-being of its members.Learn more about the goals of society here:
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According to the Katznelson text, elected officials are under enormous pressure to offer inducements to business primarily because
The text asserts that elected leaders are under intense pressure to encourage business, partly because business actions have a significant impact on the nation's economic health.
What basically concerns business?A business's main objective is to coordinate some type of economic creation of commodities or services. Businesses can be profit making corporations or nonprofit groups with a benevolent aim or advancing a social cause.
What is the most common business example?Any enterprise that cultivates products or mines materials from the earth would be categorized as a primary industries enterprise. Agriculture, mining, fishing, and oil extraction are some examples of companies that participate in the primary sector.
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Gemma wants to promote her online handbag business to a wide audience. But she's busy creating handbags for her clients, and has little time to manage the specifics of an advertising campaign. How can Smart Shopping campaigns help her achieve this
Smart shopping campaigns help her achieve this by showing ads to multiple audiences and networks.
Smart Shopping campaigns combine standard shopping and display remarketing campaigns to automatically promote Gemma's handbag business across all networks and a wide audience. Ads are shown to multiple audiences and networks.
Skill shop Shopping Ads Certification
Reach more customers with Shopping campaigns
Simplify campaign management with Smart Shopping campaigns
Smart Shopping campaigns make it easier to manage and reduce the time it takes to advertise your business by automatically uploading product details from the manufacturer's website.
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There has been ________ in the number of minority entrepreneurs in the United States over the past several years. Group of answer choices a substantial increase a moderate decrease a moderate increase a substantial decrease no meaningful change
There has been substantial increase in the number of minority entrepreneurs in the United States over the past several years.
A substantial increase means a 50% (50%) or more increase in earning power. In the late 1970s, the United States was the first country to abandon management capitalism and turn to entrepreneurship. The beginnings of American entrepreneurship can be traced back to settlers engaging in trade and bartering with their Native Americans, resulting in mutual benefits for both parties.
This statistic shows the rate of start-up activity per 100,000 US adults from 2000 to 2021. In 2021, the U.S. startup rate was 0.36%, or 360 per 100,000 adults.
• Significantly increase the local population without providing at least 5 acres of built park for every 1,000 residents. or • Significantly increase the use of local neighborhood parks or community parks such that significant physical degradation of the facility occurs.
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Sasha makes pies and sells them from her food truck to local businesses. The business gives them to their employees to celebrate milestones. This is an example of a(n)
The business gives them to their employees to celebrate milestones. This is an example of Catering service.
What is business?Business is an economic activity involving the exchange of goods and services between buyers and sellers. It is a commercial activity conducted between two or more parties to generate profit and increase wealth. Businesses involve activities such as production and distribution of goods and services, marketing, finance, accounting, and human resource management. Businesses can be small, medium, or large and can be either privately or publicly owned. They can be operated locally, regionally, or globally. Businesses have a major impact on the economy, with some businesses having a larger economic impact than others.
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pyramids were designed to be ?
A.regional palaces
B. temples
C. government
D. tombs
Answer:
D
Explanation:
tombs
Answer:
D
Pharoahs needed to be buried under the pyramids, which would make them tombs
War metaphors are common in business. This kind of mindset can be dangerous for business leaders because
In business, war metaphors are frequent. Business leaders should avoid adopting this mindset since it may cause employees to act violently.
Why do moral dilemmas frequently occur in business?Lack of integrity, issues with organisational relationships, conflicts of interest, and deceptive advertising are the four main things that might contribute to ethical issues at work.
What are the four corporate ethics issues?The four categories of business ethics are equity, rights, honesty, and the use of corporate power. Business enterprises must balance their obligations to the public, shareholders, consumers, and employees.
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explain the difference between gross pay and net pay.
Answer:
Net pay is the amount of money that will finally be available to you. Using our last example, if you earned $450.00 in gross pay, your net pay will be the amount that ends up in your bank account after taxes and other fees have been taken out.
Explanation:
Do good!
Which of the following is NOT one of the tasks of random stocking systems? A. Maintaining a list of "open" locations. B. Assigning certain items or classes of items to particular warehouse areas so that the total distance traveled within the warehouse is maximized.
Option (B) . Assigning certain items or classes of items to particular warehouse areas so that the total distance travelled within the warehouse is maximized.
What's mean by warehouse?
A warehouse is large building to store the raw materials or finished products until they are exported to another country or distributed to distributors. synonym:
store, depot, storehouse, repository Synonyms for warehouse.
What warehouses do?
Warehousing is the process of storing physical inventory for sale and distribution. Warehouses are used by all kinds of businesses that need to store large quantities of products temporarily and then either ship them to other locations or ship them individually to end users.
What type of work is in the warehouse?
Job Description Warehouse Worker
Warehouse workers are responsible for completing various tasks such as: For example, receiving and processing incoming inventory and materials, picking and fulfilling orders from warehouses, packing and shipping orders, or managing, organizing, and retrieving inventory.
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A bill of materials for a menu item in a restaurant is also called a A. bill of ingredients. B. product specification. C. food bill. D. recipe.
Corporations may buy back their own stock for any of the following reasons except to:
a. Avoid a hostile take-over.
b. Have shares available for a merger or acquisition.
c. Have shares available for employee compensation.
d. Maintain market value for the company stock.
e. Allow management to assume the voting rights.
Corporation may buy back their own stock for any of the following reasons except to: Allow management to assume the voting rights
Hence, Option E is correct
A share buyback is a type of shareholder compensation in which businesses repurchase their own stock in order to lower their capital by canceling the purchased shares. The ownership stake in the company and the amount of future dividends that shareholders are due rises as the number of shares in circulation declines.
During a stock buyback, a company buys back shares of stock from any and all shareholders who wish to sell them on the secondary market. Any shareholder may participate in a stock buyback, which is open to all stockholders and does not require them to sell their shares back to the company.
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A person's debt-to-income ratio describes:
O A. how often the person's credit score changes based on increasing
levels of debt.
B. how much money a person can borrow from a bank at any given
time.
O c. how frequently a person has to make payments on a significant
debt.
O D. how much the person has borrowed compared to how much he or
she earns.
Answer:
O D. how much the person has borrowed compared to how much he or
she earns
Explanation:
Your debt-to-income ratio is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. ... If your gross monthly income is $6,000, then your debt-to-income ratio is 33 percent.
A person's debt-to-income ratio describes how much the person has borrowed compared to how much he or she earns. Thus, the correct answer is option D.
What is debt-to-income ratio ?Lenders use the debt-to-income (DTI) ratio to determine your borrowing risk. It is the percentage of your gross monthly income that goes toward paying your monthly debt payments.
Divide all monthly debt payments by gross monthly income to get the debt-to-income ratio. This is how lenders assess our ability to manage monthly payments in order to repay the money we intend to borrow.
A DTI of 43% is typically the highest ratio a borrower can have while still qualifying for a mortgage, but lenders prefer ratios no higher than 36%. A low DTI ratio indicates adequate income relative to debt servicing, making a borrower more appealing.
Therefore, option D is correct.
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How do you keep up with a changing work environment?
Keep up with a changing work environment are Stay informed, Network, Adapt, Ask questions, Stay organized, Take initiative, and Be flexible.
What is environment?Environment is the natural world around us that is made up of living and nonliving things, including air, water, and land. Environment also includes physical features like mountains, forests, and deserts, as well as human-made features like buildings, roads, and dams. It is important to protect the environment as it provides us with resources to survive and also helps keep the Earth's climate in balance.
1. Stay informed: Keep up with industry news and trends to stay ahead of the curve.
2. Network: Attend conferences, seminars, and other events to stay connected with the latest developments in your field.
3. Adapt: Be open to learning new skills and technologies to stay competitive.
4. Ask questions: Don’t be afraid to ask questions and seek advice from colleagues and mentors.
5. Stay organized: Develop systems and processes to help you stay on top of your workload.
6. Take initiative: Look for opportunities to take on new projects and challenges.
7. Be flexible: Be willing to adjust to changing circumstances and priorities.
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