The turning point for businesses, when their odds of survival begin to improve, is the end of the first year and the beginning of the second year of operation.
According to a study by the Small Business Administration (SBA) in the United States, the turning point for businesses, when their odds of survival begin to improve, is the end of the first year and the beginning of the second year of operation. Specifically, the study found that businesses that survive the first year have a 75% chance of surviving the second year, and businesses that survive the second year have a 90% chance of surviving the third year.
Therefore, it is crucial for new businesses to have a solid business plan and strategy, as well as adequate funding and resources to survive the critical first year of operation.
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What document is a loan from a bank to a purchaser?
Answer: Mortgage
Explanation:
Took the quiz
answer this problem please
Assessments that match what is important to a person with a career are called C. Value Assessments.
Assessments that match a person's unique traits to a career are called d. Personality tests.
The statement that Skills Assessment should always be followed is D. False - Skills assessments may tell you what skills you have today but not what skills you will be able to learn.
What are assessments ?Value assessments are designed to identify and assess an individual's values, beliefs, and attitudes towards work and life. These assessments help individuals gain a better understanding of what is most important to them in a career and what they want to achieve in life.
Value assessments can also help individuals make decisions about career transitions, job changes, or education and training opportunities. By gaining a better understanding of their values and preferences, individuals can make more informed decisions about their careers and personal lives.
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Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity? Continued 4. Take a case of one company or the company in which you are working, and then: Identify the outputs and inputs of the company Estimate yearly outputs and inputs identified either in value or volume Calculate single, multiple, and total factor productivity
Output divided by input is productivity. Calculate each store's labor productivity: The highest is 200 birr per work hour in Bale-Robe. We should anticipate a speculative company that creates technology.
The company's feedback data points may include labor hours, raw materials, and energy expenditures, and its outcomes may be calculated based on the number of products produced or the revenue generated from sales.
We would need to gather data on the organization's activities, such as the number of hours spent, the cost of unpolished components, and the absolute deal revenue, in order to evaluate annual sources of information and results.
The organization's single-factor efficiency (SFP) can then be calculated by dividing the outcome by a single piece of information, such as work hours or raw components.
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what you’ve learned in this class regarding international business? Did your views or perceptions of international business change after taking this course? Why or why not? Please explain.
Many people view international business as a way to create economic growth and job opportunities.
How is international business perceived ?Engaging in international business provides a unique opportunity for cultural exchange and understanding between nations. Through conducting commerce with other countries, people and companies acquire an alternate perspective on diverse customs, different ways of working and varying habits which can result in enhanced respect and admiration for diversity.
However, there are apprehensions towards the ethical concerns in such an undertaking, largely due to issues pertaining to labor practices, human rights as well as environmental impact. To some, involving oneself in global commerce is viewed merely as utilizing workers or exploiting resources outside their own country to increase monetary gain.
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Which social responsibility stance below did the business owner demonstrate?
The social responsibility stance that the business owner demonstrated was A. Proactive .
What is a proactive stance ?A proactive stance in social responsibility involves taking initiatives and actions to address social and environmental issues before they become problems or before there is pressure from stakeholders or regulatory agencies.
In this case, the business owner is taking a proactive stance by making a conscious decision to only use products that do not test on animals, even though there may not be any legal requirement or pressure from stakeholders to do so.
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The question is:
A business owner decides to only use products that do not test on animals.
Which social responsibility stance below did the business owner demonstrate?
A. Proactive
B. Defensive
C. Neutral
Which type of unemployment is the product of a healthy economy?
A. Unemployment as a result of a mismatch of the skills of workers and the skills needed by employers.
B. Unemployment as a result of demand for products and services decreasing.
C. Unemployment as a result of people moving from one job to another.
D. None; unemployment is the result of an unhealthy economy.
Answer:
C. Unemployment as a result of people moving from one job to another.
Explanation:
Unemployment as a result of people moving from one job to another is known as frictional unemployment, which is a natural and inevitable part of a healthy, dynamic economy. Frictional unemployment occurs when workers voluntarily leave their jobs to seek better opportunities, and when new workers enter the labor market looking for work. In a healthy economy, there will always be some degree of frictional unemployment, as people move between jobs and industries, and businesses expand and contract.
• please explain the 5 common strategies and actions of rival companies. with examples
Thank you.
( I need the answer no more 2 hours ).
Rival companies typically employ various strategies and actions to compete with each other in the market such as price competition, product differentiation, marketing and advertising, partnerships and price competition.
How companies competeHere are five common strategies and actions that rival companies may use:
Price competition: In order to outbid competitors, this tactic entails reducing the cost of a good or service. This is frequently done to draw in consumers who are interested in the best bargain yet are price conscious.
Product differentiation: This tactic entails developing distinctive goods or services that distinguish them from rivals. Features, design, quality, or brand reputation can all be used by businesses to differentiate their products.
Marketing and advertising: Businesses utilize marketing and advertising to build their brands, boost revenue, and draw in new clients. In order to reach target audiences, this strategy calls for the creation of appealing marketing messages and the use of numerous channels.
Strategic alliances and partnerships: Strategic partnerships and alliances are created by businesses to obtain access to new markets, technologies, or resources. This tactic entails working with other businesses to accomplish common objectives.
Mergers and acquisitions: To expand market share, lessen rivalry, or gain access to cutting-edge technologies or resources, businesses may combine with or purchase rival businesses. For the purpose of achieving synergies and economies of scale, this strategy involves buying or merging with another business.
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Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 350,000 shares of $11 par common stock and 40,000 shares
of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $20 per share. The following stock
transactions pertain to Eastport Inc.:
1. Issued 22,000 shares of common stock for $16 per share.
2. Issued 7,000 shares of the class A preferred stock for $25 per share.
3. Issued 55,000 shares of common stock for $19 per share.
Required
Prepare the stockholders' equity section of the balance sheet immediately after these transactions have been recognized.
EASTPORT INC.
Balance Sheet (partial)
For the Year Ended Year 1
Stockholders' Equity
Total Paid-In Capital
Total stockholders' equity
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
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Selena wrote a popular blog for a well-known cooking magazine. She used the success of her blog to write her own series of books and create a companion line of food products.
Which factor of production below does Selena illustrate?
According to the question, Selena illustrates Entrepreneurship, which is one of the factor of productions.
In the scenario, For a renowned cookery magazine, Selena contributed to a well-read blog. She wrote her own series of books and developed a companion line of culinary goods using the popularity of her blog as inspiration. This is an example of Entrepreneurship.
Hence, Selena is an Entrepreneur.
Entrepreneurship?Entrepreneurship is the capacity and willingness to create, plan, and manage a business enterprise—along with all of its uncertainties—in order to turn a profit. The creation of new firms is the most well-known example of entrepreneurship.
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All of the following are elements of New York's best interest standard, EXCEPT:
A) Recommendations to a consumer must be based on an evaluation of the relevant suitability information provided by the consumer.
B) Producer compensation must be in the form of fees, not sales commissions.
C) Only the interests of the consumer can be considered in making a recommendation.
D) Recommendations must reflect a standard of care, skill, prudence, and diligence that a prudent person familiar with the matters would use under similar circumstances.
Option B is entirely correct. Producer compensation must take the form of fees rather than sales commissions.
What is the best interest standard in New York?When recommending or servicing a policy issued in New York, New York Regulation 187 requires producers and insurers to implement a process to ensure they are acting solely in the best interests of the consumer and not in the financial interests of the producer or insurer11 NYCRR 224 (Insurance Regulation 187) amendments will ensure that all proposed to make the retailing of these goods are in the best interests of the consumer. It requires a producer, or insurer in the absence of a producer, to follow a standard of conduct that will be enforced by the superintendent, but it does not guarantee or ensure compliance.
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The source of fashion
There are several sources of fashion including ;
Historical and cultural influencesIndividual creativity and expressionWhere does inspiration for fashion come from ?Fashion is deeply entrenched in intertwining cultural and historical eras, as evident from a diversity of global traditional attires and fabrics through to periods like the Victorian-age or 1960s influencing modern fashion.
Similarly, fashion serves as an avenue of expressing an individual's distinct taste and persona; popular figures such as celebrities and those in the media often shape up trends which people adapt accordingly.
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Do you think wealth taxes are a good idea? Why or why not? Defend your position.
Answer:
no it's not
Explanation:
it's not easy to pay what you don't have but if you can pay yes it's OK.
Whitley Construction Company is in the home remodeling business. Whitley has three teams of highly skilled employees, each of whom has multiple skills involving carpentry, painting, and other home remodeling activities. Each team is led by an experienced employee who coordinates the work done on each job. As the needs of different jobs change, some team members may be shifted to other teams for short periods of time. Whitley uses a job costing system to determine job costs and to serve as a basis for bidding and pricing the jobs. Direct materials and direct labor are easily traced to each job using Whitley’s cost tracking software. Overhead consists of the purchase and maintenance of construction equipment, some supervisory labor, the cost of bidding for new customers, and administrative costs. Whitley uses an annual overhead rate based on direct labor hours.
Whitley has recently completed work for three clients: Harrison, Barnes, and Tyler. The cost data for each of the three jobs are summarized below:
Job Direct Materials Direct Labor Hours Direct Labor Cost
Harrison $ 6,753 45 $ 15,367
Barnes 13,229 88 22,184
Tyler 42,338 133 49,654
Budgeted direct materials cost and direct labor cost for the year are estimated at $450,000 and $600,000, respectively. Direct labor hours are budgeted at 22,500 hours, and total overhead is budgeted at $495,000.
Required:
1. Calculate the total cost of each of the three jobs.
2. Suppose that for the entire year, Whitley used 23,800 labor hours and total actual overhead was $525,000. What is the amount of underapplied or overapplied overhead?
The total cost of the three jobs for Whitley Construction Company has been calculated as follows: Harrison - $7,995, Barnes - $16,985, and Tyler - $56,803. In addition, based on actual overhead of $525,000 and actual direct labor hours of 23,800, the amount of overapplied overhead for the year is $1,400.
The total cost of each job is calculated as follows:
Harrison: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $6,753 + $15,367 + (45 x Overhead Rate)
Barnes: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $13,229 + $22,184 + (88 x Overhead Rate)
Tyler: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $42,338 + $49,654 + (133 x Overhead Rate)
Using the annual overhead rate based on direct labor hours, we can calculate the overhead rate as follows:
Annual overhead rate = Total overhead / Total budgeted direct labor hours
= $495,000 / 22,500 hours
= $22 per direct labor hour
Therefore, the total cost of each job is:
Harrison: $6,753 + $15,367 + (45 x $22) = $7,995
Barnes: $13,229 + $22,184 + (88 x $22) = $16,985
Tyler: $42,338 + $49,654 + (133 x $22) = $56,803
The amount of underapplied or overapplied overhead can be calculated using the following formula:
Actual Overhead - Applied Overhead
To calculate the applied overhead, we use the annual overhead rate based on direct labor hours to multiply the actual direct labor hours used for the year:
Applied Overhead = Annual Overhead Rate x Actual Direct Labor Hours
= $22 x 23,800 hours
= $523,600
Therefore, the amount of underapplied or overapplied overhead is:
Actual Overhead - Applied Overhead
= $525,000 - $523,600
= $1,400 overapplied overhead.
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3. If Holly increases the selling price by $20, and purchases the new part and the new machine, calculate the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year. (20 marks).
Notte that if Holly increases the selling price by $20, and purchases the new part and the new machine, the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year is: 1,333.33 units.
How is this so?Given
Current selling price = $400
Current variable cost per unit = $250
Current contribution margin per unit = selling price - variable cost = $400 - $250 = $150
Current fixed cost = $150,000
Current sales volume = 5,000 units
Current net income = $50,000
New selling price = $400 + $20 = $420
New variable cost per unit = $250 + $80 + $60 = $390
ew contribution margin per unit = selling price - variable cost = $420 - $390 = $30
New fixed cost = $150,000 + $20,000 + $30,000 = $200,000
Net income = (Contribution margin per unit x Sales volume) - Fixed cost
Substituting the values we get:
$50,000 = ($150 x 5,000) - $150,00
Sales volume = ($50,000 + $150,000) / $150 = 1,333.33 units
So the company will have to sell 1,333.33 units at the new selling price of $420 to make the same net income as last year.
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What are Business Loan?
Answer:
Credit
Explanation:
What people owns to the business
How would the court classify the Chickasaw Club corporation domestic or foreign, public or private? Why?
A domestic corporation is one that conducts business in the country where it was formed. This is comparable to a foreign firm that operates in a country other than the one in which it was formed.
A foreign corporation is a company that operates in another country or state but was formed or registered under the laws of another state. A domestic corporation, in contrast, is one that has its corporate headquarters in the state in which it conducts business.
For instance, if a company is incorporated in Delaware and is authorized to conduct business in other states, both of those states classify the company as a foreign corporation and a domestic corporation, respectively.
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The first quarter tax return needs to filed for prevosti
Prevosti needs to file their first quarter tax return and pay any taxes owed by the deadline.
As a taxpayer, Prevosti is required to file their tax return and pay any taxes owed to the government by the deadline. For the first quarter, this typically means filing the tax return and paying any taxes owed by April 15th of the year following the reporting period.
The tax return should accurately report all income and deductions for the reporting period, and any taxes owed should be paid in full by the deadline to avoid penalties and interest charges. It is important for Prevosti to keep accurate records and file their tax return in a timely manner to remain compliant with tax laws and regulations.
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--The complete question is, What needs to be done for Prevosti's first quarter tax return?--
It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday's stock price ($38.45) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
A. total investment for Chester will be $207,586,970
B. Total liabilities will be $120,024,454
C. Chester will issue stock totaling $2,883,750
D. Working capital will remain the same at $16,588,390
E. Total Assets will rise to $220,846,541
F. Equity will be $84,678,765
Based on the information you provided, Chester’s senior management decided to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assuming the stock can be issued at yesterday’s stock price ($38.45) and leverage changes to 2.7, we can calculate the following:
A. Total investment for Chester will be $217,192,866 B. Total liabilities will be $120,024,454 C. Chester will issue stock totaling $2,883,750 D. Working capital will remain the same at $16,588,390 E. Total Assets will rise to $235,535,291 F. Equity will be $97,511,437.
The term "stock" (sometimes known as "capital stock") is used in finance to describe all of the shares that comprise an entity's ownership. Particularly in American English, the word "stocks" is frequently used to refer to shares. Based on the overall number of shares, each share of stock represents a minuscule portion of the company's ownership.
The shareholder (stockholder) usually has a right to that portion of the company's revenues, proceeds from the sale of assets, or voting power after all senior claims, such as secured and unsecured debt, have been met. These rights are frequently distributed in accordance with the capital contributions made by each stakeholder.
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The following table represents the Human Resource Development (HRD) international and local trends. Select three from the list and one should be local and answer the questions that follow: International trends Globalisation Strategic HRD and talent management Electronic, mobile, and social learning Management and leadership development Performance consulting Career and performance management Proactive needs identification Training design Evaluation of training Employment equity and diversity training Learning organisation Local trends Training legislation ETD Practices HR and L&D standards 1. Critically review any of the two international trends and one local trend.(30) 2. Formulate the HRD strategy that you can apply to these trends. (15) 3. Critically analyse the readiness of South African organisations to adapt to
The 11 topics include: Globalization, Strategic HRD and Talent Management, Electronic mobile and social learning, Management and leadership development, Performance counseling, Career and Performance management, Proactive learning needs identification, Learning design, Evaluation of training, Employment equity and diversity training and Learning organization.
Globalization is companies are forced to approach their business activities with an more external focus. Strategy drives execution and that is essentially the relationship between talent management and human resources management. Talent management strategy informs and dictates the decisions and actions taken by the human resources department and its individual team members within their roles. Leadership and management development are about enabling the future governance and stewardship of the organization. Therefore organizations need to forge their own agenda, and dictate fitting values, structure, program content, measurements and processes. Performance Counseling refers to the help provided by a manager to his subordinates in objectively analyzing their performance.
The role of the HRD professional includes planning formal and. informal career development strategies, providing coaching and mentoring. training to organization leaders and employees, and selecting and obtain- ing technological resources to manage these processes. Well-designed career. Learning Design is the framework that supports learning experiences. It refers to deliberate choices about what, when, where and how to teach.
Training evaluation is the systematic process of collecting information and using that information to improve your training. DEI training supports employees in understanding how best to work with other people. A learning organization can be defined as any organization that prioritizes personal and professional growth through knowledge transfer.
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Passage of the Affordable Care Act incorporated which of the following health insurance market reforms?
Answer:
The ACA establishes federal requirements that apply to private health insurance. The reforms affect insurance offered to groups and individuals; impose requirements on sponsors of coverage; and, collectively, establish a federal floor with respect to access to coverage, premiums, benefits, cost sharing, and consumer protections. Although such market reforms may be new at the federal level, many of the ACA’s reforms had already been enacted in some form in several states, withgreat variation in...
your research of competitors shows prices of
According to the question, If you throw out the highest and lowest data points (outliers), the mean of the remaining prices would be 63$.
Therefore the answer is Mean= 63$.
How to find?Given in the question-
Research of competitors shows prices of $45, $78, $13, $125, and $66.
Now, we take out the highest and lowest data points.
So, 125$ and 13$ are taken out.
We add the left values-
- 78+ 66+45= 189
To find the mean we divide this sum by 3-
= 189/3= 63$
Hence, the mean is 63$.
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Which of the following is a step that you could take to ensure that your thank you letter is error-free?
Answer:
multiple ways
Explanation:
Read out loud to yourself. Get another person to read it. Spill check. Grammer proof read check. Email it to a tutor.
define complements. define substitutions. explain the diffierence and how they work
A replacement good is one that fulfils the same function for customers as another item. When two goods are eaten together, the complementary item gives value to the other.
What is the difference between substitutes and complements?
Tea and coffee are two examples of substitute items that are independent of one another and may each be used to fulfil a specific need. Contrarily, complementary items that go together to meet a certain need, like bread and butter, are depending on one another.
A product or service that consumers may quickly swap out for another is referred to as a replacement. In economics, substitute items are frequently used when the demand for one product rises as the price of the alternative product rises.
Cross price elasticity is used to establish if products are complements or substitutes; if it is positive, the products are replacements, and if it is negative, the products are complements.
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Curtis's team is in a heated discussion during a meeting. He wants to help lessen the conflict. What is the LEAST appropriate question for him to ask in this moment?
Do we have ground rules in place?
Are we paying enough attention to results?
Why can't we trust each other?
Who is to blame for causing this conflict?
C. Why can't we trust each other?
Asking "Why can't we trust each other?" is the least appropriate question for Curtis to ask at this moment. This question is accusatory and implies that there is a lack of trust among team members. It can make team members feel defensive and escalate the conflict.
On the other hand, asking questions like "Do we have ground rules in place?" can help establish norms and facilitate communication. "Are we paying enough attention to results?" can help the team refocus on the task at hand. "Who is to blame for causing this conflict?" can help identify the root cause of the conflict, but it should be asked in a non-accusatory way.
A country has a comparative advantage in trade when it :
A country has a comparative advantage in trade when it can produce a particular good or service at a lower opportunity cost than another country. This means that for every unit of a good or service produced, the country gives up producing fewer units of another good or service than the other country would have to give up. By specializing in the production of goods and services in which they have a comparative advantage, countries can increase their economic efficiency and overall output, and can benefit from trade with other countries.
Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.
The teen entrepreneur are young people the age of 13 to 18.
This business is successful because it is useful for the community, solves their problems.
What are the responses to other questions?* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.
* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* The motivation for starting a business was too overall help their community.
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Assume country A has the following data: Gross Domestic Product (GDP) Factor income received abroad Factor income paid abroad Compute: i. Net factor income from abroad. ii. Gross National Product (GNP). iii. Under what circumstance will GNP be greater than GDP SEPT 2021 ¢ billion 68 2.7 1.5 CSUC 8
iii. GNP will be greater than GDP when the net factor income from abroad is positive.
How to solvei. To calculate the net factor income from abroad, we need to subtract the factor income paid abroad from the factor income received abroad.
Net factor income from abroad = Factor income received abroad - Factor income paid abroad
Net factor income from abroad = 2.7 - 1.5
Net factor income from abroad = 1.2 billion
ii. Gross National Product (GNP) is the sum of Gross Domestic Product (GDP) and net factor income from abroad.
GNP = GDP + Net factor income from abroad
GNP = 68 + 1.2
GNP = 69.2 billion
iii. GNP will be greater than GDP when the net factor income from abroad is positive.
This way that the country is earning more profit from its expenditures abroad than it is paying to offshore investors the one have investments inside the country. In such a sketch, the income earned experience will increase the GNP of the country.
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Match each instant message with the appropriate type of recipient.
customer
Tom Louis, a colleague who is also a friend
Sue Fanning, a colleague with whom you've never spoken
Hey! Tell me what you need.
Hi. Did you need any help from me?
Welcome to live chat. How may I help you?
Match each instant message with the appropriate type of recipient.
Hey! Tell me what you need - Customer Tom LouisHi. Did you need any help from me? - Colleague who is also a friend Sue FanningWelcome to live chat. How may I help you? - Colleague with whom you've never spoken.A business communicator is necessary to growth. If retailer responsibility are the well-treated to the customer. A business can run to long term are the creation the trustworthiness.
If the time to the digital are the online conversation are the asked may I help you? Colleague with whom you've never spoken. Hi. Did you require any help from me? Colleague who is also a friend of Sue Fanning.
As a result, the significance of the instant message with the appropriate type of recipient are the aforementioned.
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Are any e-bikes made in the USA?
Answer:
there are supposedly 3 companies that are made in the USA
explain the components of National income
National income is the total value of all goods and services produced within a country's borders, including both goods produced by domestic firms and foreign firms operating within the country. The components of national income include:
1. Wages and salaries: This includes the income earned by employees for their work, including both hourly wages and salaries.
2. Profits: Profits are the income earned by businesses after they have paid all their expenses, including salaries, rent, and other costs.
3. Rent: Rent is the income earned by landlords for the use of their property, such as land or buildings.
4. Interest: Interest is the income earned by lenders for lending money to borrowers, such as banks or other financial institutions.
5. Dividends: Dividends are the income earned by shareholders for their ownership of a company's stock.
6. Indirect taxes: Indirect taxes are taxes that are levied on goods and services, such as sales taxes or value-added taxes.
7. Subsidies: Subsidies are payments made by the government to businesses or individuals to encourage certain activities, such as the production of certain goods or services.
8. Depreciation: Depreciation is the decrease in value of an asset over time, such as a piece of machinery or a building.
Together, these components make up the total national income of a country, and they provide a measure of the overall health and productivity of the economy.