This is a general structure for a research paper on the impact of the COVID-19 outbreak. The specific research problem, objectives, methodology, and analysis techniques will vary based on the researcher's interests, available data, and intended outcomes.
Research paper on "Impact of the COVID-19 outbreak":
The COVID-19 pandemic has resulted in a massive impact on human lives worldwide. It has caused widespread disruption to the global economy, the healthcare system, and society as a whole. This research paper aims to investigate the impact of the COVID-19 outbreak on the global economy and healthcare systems and identify the research gap that needs to be addressed. A review of the existing literature will be conducted to identify the knowledge gaps and formulate objectives of the study.
Research problem: The COVID-19 pandemic has caused significant damage to the global economy and healthcare systems. The pandemic has led to massive job losses and business closures, leading to a worldwide economic crisis. The healthcare system is under tremendous pressure to provide adequate care to the infected patients, leading to a shortage of medical supplies, hospital beds, and healthcare workers. It is essential to understand the impact of the COVID-19 outbreak on the global economy and healthcare system and identify the research gap.
Existing literature review: The existing literature review will provide insights into the impact of the COVID-19 outbreak on the global economy and healthcare system. The review will focus on the different sectors of the economy and the healthcare system. The literature review will be based on scholarly articles, academic journals, and other relevant sources. The research gap will be identified based on the existing literature and the objectives of the study.
Objectives of the study: The objectives of the study are as follows:
To investigate the impact of the COVID-19 outbreak on the global economy and healthcare systems.To identify the research gap in the existing literature.To provide suggestions for policy and decision-makers to mitigate the impact of the COVID-19 outbreak.Data analysis: The study will use both qualitative and quantitative data analysis techniques to analyze the data. The qualitative data will be collected through interviews, surveys, and case studies, and the quantitative data will be collected through secondary data sources. Statistical and econometric techniques will be used to analyze the data and draw conclusions.
Results and suggestions: The research paper will provide insights into the impact of the COVID-19 outbreak on the global economy and healthcare system. The results of the study will be used to provide suggestions to policy and decision-makers to mitigate the impact of the COVID-19 outbreak. The study will also identify the research gap that needs to be addressed to provide a better understanding of the impact of the COVID-19 outbreak on the global economy and healthcare system.
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When can a mixed economy develop?
A mixed economy can develop when a country experiences a combination of market-based mechanisms and government intervention in its economic activities.
It occurs when the government regulates certain aspects of the economy, such as taxation, trade, and labor laws, while leaving other aspects, such as consumer choice and private investment, to be determined by the market.
This type of economy balances the benefits of capitalism, such as competition and innovation, with the stability and social welfare provided by government intervention. It aims to create a more stable and equitable economy by ensuring that resources are distributed fairly, while still allowing for growth and prosperity.
In short, a mixed economy can develop when a country seeks to balance the benefits of a market-based system with the stability and social welfare provided by government intervention.
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Effective service recovery efforts can lead to _____.
Effective service recovery efforts can lead to all of the following EXCEPT increased dependence on technology to prevent future service failures. Thus the correct option is A.
What is a service?Services are referred as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Effective service recovery efforts can lead to better satisfaction to the ultimate consumer and they feel valued and delighted. This helps in retaining them for a longer duration of time building loyalty and goodwill in the market.
Therefore, option A is appropriate.
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The complete question is Probably
Effective service recovery efforts can lead to all of the following EXCEPT
a. increased dependence on technology to prevent future service failures.
b. increased purchase intentions.
c. increased positive word of mouth.
d. lower levels of satisfaction than prior to the service failures.
e. increased customer satisfaction.
Identify whether each situation is an example of adverse selection, the principal-agent problem, or neither.
Your auto insurace company raises everyone's rates because of a rash of accidents. Your rate rises too, even though you haven't had an accident.
Your orthodontist says your children need braces. You don't get a second opinion. After all, why would the doctor lie?
Life insurance companies aren't always fully aware of patients' health history.
Even though you are a smoker, you have heard that if you quit for a month, insurance companies won't be able to detect nicotine in your system. You quit for a month, and you get a good rate on your insurance.
You go on a drinking binge after getting a new health insu
The situation with your auto insurance company raising everyone's rates due to a rash of accidents is an example of: adverse selection.
1. The situation with your auto insurance company raising everyone's rates due to a rash of accidents is an example of adverse selection.
Adverse selection occurs when one party in a transaction has more information than the other, leading to an imbalance and potentially higher risks. In this case, the insurance company doesn't have enough information to distinguish between good and bad drivers, so they raise rates for everyone.
2. Trusting your orthodontist's recommendation for your children's braces without getting a second opinion is an example of the principal-agent problem.
The principal-agent problem occurs when the agent (the orthodontist) may have different interests or incentives than the principal (you). In this case, the orthodontist may be motivated by profit, while you want the best care for your children.
3. Life insurance companies not being fully aware of patients' health history is an example of adverse selection. In this case, the insurance company may not have complete information about the patients' health, which can lead to higher risks and potentially higher premiums for everyone.
4. Quitting smoking for a month to get a better insurance rate is an example of adverse selection. You are withholding information about your smoking habits to get a more favorable rate. The insurance company is not aware of your true risk level, which creates an imbalance in the transaction.
5. Going on a drinking binge after getting new health insurance is an example of the principal-agent problem. In this situation, you (the principal) have different incentives than the insurance company (the agent).
You may engage in risky behavior knowing that the insurance company will cover the costs, while the insurance company would prefer that you maintain a healthy lifestyle to minimize their expenses.
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T/F : research has shown that traditional techniques of earning commitment, such as standing-room-only close and fear close, are considered professional by most buyers. true false
False, Research has shown that traditional techniques of earning commitment, such as standing-room-only close and fear close, are not considered professional by most buyers.
Buyers prefer to work with salespeople who are authentic, build relationships, and provide value rather than using manipulative tactics to close the deal. In fact, using such techniques can damage the salesperson's reputation and make buyers less likely to do business with them in the future.
These traditional techniques, like standing-room-only close and fear close, are often seen as manipulative and can damage trust between the seller and buyer. Modern sales approaches emphasize building relationships and understanding the needs of the buyer, which is considered more professional.
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(Appendix 4B) Sequential Method of Support Department Cost Allocation Stevenson Company is divided into two operating divisions: Battery and Small Motors. The company allocates power and general factory costs to each operating division using the sequential method. General Factory is allocated first in the sequential method for the company. Support department cost allocations using the sequential method are based on the following data: Support Departments Operating Divisions Power General Factory Battery Small Motors Overhead costs $160,000 $430,000 $163,000 $84,600 Machine hours 2,000 2,000 9,000 3,000 Square footage 1,000 1,500 10,000 20,000 Direct labor hours 18,000 60,000 Required: 1. Calculate the allocation ratios for Power and General Factory. (Note: Carry these calculations out to four decimal places.) Allocation ratios for General Factory
The allocation ratios for the Power support department are calculated in the same way, using the overhead costs and the same three allocation base ratios (machine hours, square footage, and direct labor hours).
How do you calculate the allocation ratios for the General Factory support department?The allocation ratios for the General Factory support department can be calculated as follows:
Machine hours ratio:
Battery: 9,000 machine hours / 2,000 total machine hours = 4.5
Small Motors: 3,000 machine hours / 2,000 total machine hours = 1.5
Square footage ratio:
Battery: 10,000 square feet / (1,000 total square feet + 1,500 total square feet) = .625
Small Motors: 20,000 square feet / (1,000 total square feet + 1,500 total square feet) = 1.375
Direct labor hours ratio:
Battery: 60,000 direct labor hours / 18,000 total direct labor hours = 3.333
Small Motors: 18,000 direct labor hours /18,000 total direct labor hours= 1
The allocation ratios for the General Factory support department are calculated by taking the average of the three ratios.
Machine hours ratio: (4.5 + 1.5) / 2 = 3
Square footage ratio: (.625 + 1.375) / 2 = 1.5
Direct labor hours ratio: (3.333 + 1) / 2 = 2.167
The average allocation ratio for the General Factory support department is: (3 + 1.5 + 2.167) / 3 = 2.389
Allocation ratios for Power:
The allocation ratios for the Power support department are calculated in the same way, using the overhead costs and the same three allocation base ratios (machine hours, square footage, and direct labor hours).
Machine hours ratio:
Battery: 9,000 machine hours / 2,000 total machine hours = 4.5
Small Motors: 3,000 machine hours / 2,000 total machine hours = 1.5
Square footage ratio:
Battery: 10,000 square feet / (1,000 total square feet + 1,500 total square feet) = .625
Small Motors: 20,000 square feet / (1,000 total square feet + 1,500 total square feet) = 1.375
Direct labor hours ratio:
Battery: 60,000 direct labor hours / 18,000 total direct labor hours = 3.333
Small Motors: 18,000 direct labor hours /18,000 total direct labor hours= 1
The average allocation ratio for the Power support department is: (4.5 + 1.5) / 2 = 3
The allocation ratios for the Power and General Factory support departments are as follows:
Power: 3, General Factory: 2.389
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When your tire blows out in the middle of a drive, you should
get out of the car and change it
two economists agree that labor market discrimination against certain workers unfairly leads to lower wages for the disfavored group. economist x argues that government intervention is most likely necessary to eliminate this unfair treatment, while economist y argues that the best solution to the unfair treatment is to let the market work to eliminate it on its own.
Economist Y is most likely to be correct when labor and product markets are highly competitive and the lower wages of the disfavored group result from discrimination by employers. This is because of discrimination by employers.
What is an employee?A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.
The labor market, often known as the job market, refers to the supply of and demand for labor, in which employees give the supply and employers provide the demand. It is a crucial part of every economy and is closely connected to the markets for capital, goods, and services.
Therefore, Thus option (C) is correct
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Two brothers who were certified public accountants worked together at a large accounting firm practicing their chosen profession. The older brother was concerned about his younger brother's apparent inability to show up at his job by 9 a.m. each morning, sober and clear-eyed. One day, after the younger brother showed up late for work yet again, the older brother told him that if he would show up at the office sober and ready to work by 9 a.m. each morning for the next 10 months, he would pay him $15,000 at the end of that time. The younger brother accepted the offer and complied with its terms from that day forward. Nine months later, the older brother died unexpectedly. One month after that, the younger brother filed a claim with his brother's estate for the $15,000. Will the younger brother prevail in his claim
Answer: Yes. The younger brother will prevail in his claim since he has performed under a valid contract.
Explanation:
Based on the information given, the younger brother will prevail in his claim because he has performed under a valid contract.
Based on the information given, he entered into a valid contract with his elder brother, accepted the offer and complied with its terms from that day forward. Since he performed the contract, he's entitled to the $15000 when after his brother's death.
Prompt
Preparing to get a job isn't easy, but it isn't necessarily hard either. This process is about you developing as a person, and
noticing the things you've learned, overcome, and accomplished, even as a young adult. One crucial aspect is the interview.
Many times you're being interviewed informally, and people are trying to size up how you handle stress and difficult
situations
Describe one of your strengths and one of your weaknesses, and then tell a story that can help you show both your strength
and your weakness in a positive light. For example: One weakness I have is that when I get into a project I can completely
forget about everything else in life. I work almost too hard, some people say, but I just get consumed with performing and
creating solutions. So I have to remind myself to also focus on my own needs, and I've had to learn to invest in myself. One
way I did that was to get a gym membership, which helps me build a better, healthier lifestyle for myself.
I WILL CASH AP YOU IF YOU ANSWER THIS CORRECTLY✨✨✨✨
The relationship between the price of a good or service and the quantity demanded of that good or service described by the law of demand is
This relationship described between the price and the quantity demanded is known as the Price Elasticity of Demand (PED).
What is the Price Elasticity of Demand?It is a measure that shows the relationship between the price of a good and the quantity demanded of it. Shows how sensitive quantity demanded is to a change in price.When the PED is less than 1, it means that a change in price doesn't affect the quantity demanded as much. When it is more than 1, a change in price will lead to an even higher change in quantity demanded.
In conclusion, this is the Price Elasticity of Demand.
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Exam Instructions
Question 3 of 16 :
Select the best answer for the question.
3. From the list below, select the business in the retail industry.
O A. City Park
O B. Doctor's office
O C. Department store
O D. Car Repair Shop
Answer:
the answer is C. department store
Which best describes a central bank’s primary goals?
Limiting inflation and reducing unemployment.
Reducing unemployment and maintaining cash flow.
Controlling stagflation and reducing unemployment.
Managing credit and ensuring the money supplies liquidity.
Answer: A-limiting inflation and reducing unemployment
Explanation: edeg2020
The primary goal of the central bank of a country is to:
Limiting inflation and reducing unemployment.What is the central bank?The central bank is the highest bank of the country. This is the bank that is in charge of all other banks in the nation.
The bank is responsible for the control of the country's currency. They are also responsible for the supply of liquidity.
But their main function in the economy is to Limit inflation and reduce unemployment.
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Which one of the following is NOT a nonfinancial performance measure of customer satisfaction on a commercial airline?
A) number of lost bag reports
B) number of flights cancelled
C) number of employees with advanced degrees
D) number of flights on time
Number of employees with advanced degrees is NOT a nonfinancial performance measure of customer satisfaction on a commercial airline. The correct option is C.
Non-financial performance measures are benchmarks for performance that don't depend on monetary results. Examples of nonfinancial performance measures for customer satisfaction in the context of a commercial airline could include the quantity of reported lost bags and the quantity of canceled flights.
These metrics demonstrate the efficiency of the baggage handling procedures and the dependability of the airline in maintaining regular operations. Another non financial metric that assesses the punctuality of the airline's services is the proportion of on time flights.
Monitoring and enhancing these procedures can help increase customer satisfaction, draw in more travelers and uphold a solid reputation in the cutthroat airline business. The correct option is C.
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Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.
When economists test their theories using evidence-based analysis, they are most likely using ____________.
When economists test their theories using , they are most likely using empiricism through the use of data.
What is evidence-based analysis?
An evidence-based review can be described as the evaluation of different means such as the literature as well as its say as regards a specific question in the field.
Tis help to establish the quality of the research base within the field as a whole , hence When economists test their theories using , they are most likely using empiricism through the use of data.
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accounts group of answer choices do not reflect money amounts are not used by entities that manufacture products are records of increases and decreases in individual financial statement items are only used by large entities with many transactions
The statement that "accounts are records of increases and decreases in individual financial statement items" is correct. Accounts are used to record changes in financial statement items such as assets, liabilities, equity, revenues, and expenses.
What is financial statement?A financial statement is a report that details a person or organization's or business's financial situation, performance, and cash flows. Financial statements are used to inform stakeholders, including investors, creditors, and regulators, so they may decide with knowledge about the entity's financial situation.
Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) are two examples of accounting standards and principles that are typically followed in the preparation of financial statements. These standards and principles are designed to ensure consistency and comparability of financial information among various entities.
By giving details on a company's financial performance, liquidity, and solvency, financial statements play a significant role in financial decision-making. Additionally, they assist creditors and investors in evaluating the risks related to a corporate investment and in making defensible loan and investment decisions.
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the globalization trend presents numerous benefits to scm including: removes distance barrier between markets/consumers consumers have greater product choices more supplier choices cost savings all of these
The supply chain management benefits include removing barriers, greater product choices, and more supplier choices and cost savings. Thus, option D is correct.
The removal of the distance barrier between demands and consumers is the main honor of the globalization mania in supply chain management. This improves transportation and firms' investments in different countries and increases the expansion of business.
Globalization improves product choices for consumers. It gives multiple options to the clients to buy different products which helps price determination is done by the market. Customers have access to a global pool of suppliers for the products made by firms.
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The complete question is:
the globalization trend presents numerous benefits to SCM including:
a. removing distance barriers between markets/consumers
b. consumer having greater product choices
c. more supplier choices cost savings
d. all of these
Regis Clothlers can borrow from its bank at 18 percent to take a cash discount. The terms of the cash discount are 3/22, net 40 . o. Compute the cost of not taking the cash discount. (Use a 360-day year.
The cost of not taking the cash discount is 11.67%. This means that Regis Clothiers would effectively pay an additional 11.67% if they do not take the cash discount and instead pay the full amount on the due date.
The cost of not taking the cash discount is the difference between the amount that would be paid if the cash discount is taken and the amount that would be paid if the full amount is paid on the due date. In this case, the cost of not taking the cash discount is calculated as follows:
Cost of not taking the cash discount = (Invoice amount * Discount rate * Number of days to maturity) / (360)
where:
* Invoice amount = $1000
* Discount rate = 3%
* Number of days to maturity = 40 - 22 = 18 days
* 360 = number of days in a year
Plugging in the values, we get:
Cost of not taking the cash discount = (1000 * 3% * 18) / (360) = $11.67
The cost of not taking the cash discount is calculated as the difference between the present value of the amount that would be paid if the cash discount is taken and the present value of the amount that would be paid if the full amount is paid on the due date.
The present value of an amount is the amount of money that would be needed today to have the same value in the future.
In this case, the present value of the amount that would be paid if the cash discount is taken is calculated as follows:
Present value = Invoice amount * (1 - Discount rate * Number of days to maturity / (360 * 100))
Plugging in the values, we get:
Present value = 1000 * (1 - 3% * 18 / (360 * 100)) = $968.42
The present value of the amount that would be paid if the full amount is paid on the due date is simply the invoice amount.
Present value = Invoice amount = $1000
The difference between these two present values is the cost of not taking the cash discount.
Cost of not taking the cash discount = $1000 - $968.42 = $11.67
The cost of not taking the cash discount is a measure of the interest that is paid on the amount that is not paid early. In this case, the interest rate is 11.67%.
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Chuck is part of a team identifying ideas to cut expenses. The team has decided to hold a brainstorming session. Which of the following strategies would likely produce the best results? a. Critique and evaluate each idea as it is presented during the brainstorming session. b. To encourage the maximum number of ideas, avoid defining the problem at the beginning of a brainstorming session. c. Discourage wild thinking; all ideas generated should be rational and feasible. d. Focus on the quantity of the ideas rather than the quality.
Among the given options, the strategy that would likely produce the best results for the team's brainstorming session aimed at cutting expenses is to focus on the quantity of ideas rather than the quality (d).
In a brainstorming session focused on cost-cutting ideas, it is generally more effective to prioritize quantity over quality at the initial stage. By encouraging a large number of ideas without immediate critique or evaluation (option d), team members can freely explore various possibilities without feeling constrained or discouraged. This approach allows for a broader range of ideas to be generated, increasing the chances of uncovering innovative and potentially effective cost-saving solutions.
Option a, critiquing and evaluating each idea as it is presented, may hinder the creativity and openness of participants, leading to self-censorship and a limited number of ideas. Option b, avoiding defining the problem at the beginning, might result in scattered thinking and a lack of focus. Option c, discouraging wild thinking and insisting on only rational and feasible ideas, may stifle unconventional yet potentially valuable suggestions. Hence, to maximize the outcomes of the brainstorming session focused on expense reduction, it is advisable to prioritize the quantity of ideas (option d) to encourage a diverse range of possibilities and foster creative thinking among team members.
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What evidence best supports the theme that leadership requires integrity? Choose five options. ""noblest Roman of them all"" ""All the conspirators save only he"" ""Did that they did in envy of great Caesar"" ""in a general honest thought"" ""common good to all"" ""His life was gentle"" ""This was a man!"".
Answer:
The answer is "“noblest Roman of them all” , “in a general honest thought” , “common good to all” , “His life was gentle” , and “This was a man!”
Explanation:
I got it right on Edge
The five options that the leadership requires integrity are (a). Noblest Roman of them all, (d). In a general honest thought, (e). Common good to all, (f). His life was gentle and (g) This was a man!.
What is leadership integrity?Integrity in leaders refers to being genuine or honest, responsible, and reliable.
Leaders with integrity act in harmony with their terms and words. In simple words, they rehearse as they preach.
This concept of leadership makes the leader more trustful to the other person in the organization.
It includes that the leader must be The Noblest Roman of them all, In a general honest thought, he takes the decision for the Common good of all, and His life was gentle.
Therefore, options (a), (d), (e), (f), (g) are correct.
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Read the excerpt from the crab that played with the sea. " before the high and far-off times, o my best beloved, came the time of the very beginnings; and that was in the days when the eldest magician was getting things ready. First he got the earth ready; then he got the sea ready; and then he told all the animals that they could come out and play. And the animals said, ‘o eldest magician, what shall we play at?’ and he said, ‘i will show you. He took the elephantâ€"all-the-elephant-there-wasâ€"and said, ‘play at being an elephant,’ and all-the-elephant-there-was played. He took the beaverâ€"all-the-beaver-there-wasâ€"and said, ‘play at being a beaver,’ and all-the beaver-there-was played. He took the cowâ€"all-the-cow-there-wasâ€"and said, ‘play at being a cow,’ and all-the-cow-there-was played. He took the turtleâ€"all-the-turtle-there-wasâ€"and said, ‘play at being a turtle,’ and all-the-turtle-there-was played. One by one he took all the beasts and birds and fishes and told them what to play at. Based on the details in the excerpt, what is its primary purpose? to inform to describe to persuade to entertain.
This excerpt's main objective is to entertain.
In Rudyard Kipling's endearing tale "The Crab That Played with the Sea," a rebellious crab causes issues. The narrative portrays the universe's maker as a magician.
This passage is from the said story. A literary work's primary goal is often to entertain its audience. To put it another way, a fiction writer always strives to tell a good story that will keep the reader interested.
A writer may write for purposes other than amusement, such as persuasion; however, this was not Kipling's intent when he wrote "The Crab That Played with the Sea," which was primarily designed for the enjoyment of young readers.
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.Which of the following is a union security provision?
a. A no-solicitation policy b. A no-layoff policy c. An open-door policy d. A yellow dog contract
A union security provision is a yellow dog contract. So, the correct option is d.
A yellow dog contract is a union security provision. A yellow dog contract is an agreement between an employer and an employee in which the employee agrees not to join or participate in a labor union as a condition of employment. It is named "yellow dog" because it implies that the employee is willing to sign the contract even if it means betraying or abandoning their fellow workers, similar to a dog turning on its own kind.
Yellow dog contracts were used historically to prevent workers from organizing and joining labor unions. They were often seen as an anti-union tactic, allowing employers to suppress unionization efforts and maintain control over their workforce. However, yellow dog contracts have been widely discredited and are now prohibited by labor laws in many countries, as they infringe upon workers' rights to freedom of association and collective bargaining.
It is important to note that options a, b, and c (no-solicitation policy, no-layoff policy, and open-door policy) are not union security provisions. They refer to different workplace policies and practices that may be implemented by employers but are not directly related to union membership or representation.
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1. The company reported LIFO cost of goods sold of $31,049 million. Calculate the amount that would be reported for cost of goods sold had Caterpillar used the FIFO inventory method for all of its inventory during 2017. 2. Using the cost of goods sold calculated in requirement 1, how much higher (lower) would income before taxes be, if Caterpillar had used the FIFO inventory method for all of its inventory?
Answer:
Note: The full question is attached as picture below
1. Cost of goods sold = Beginning inventory + Purchase - Ending inventory
If FIFO method is used,then beginning and ending inventory will increase. Increase in beginning inventory will increase the cost of goods sold. Increase in ending inventory will decrease the cost of goods sold.
Cost of goods sold under FIFO = $31049 + $2139 - $1934 = $31,254
2. Cost of goods sold under LIFO = $31049
Cost of goods sold under FIFO = $31254
Increase in cost of goods sold = $31254 - $31049 = $205
Increase in cost of goods sold will decrease the income before taxes
Decrease in income before taxes = $205
Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answer:
Option B !!!!! :))
Explanation:
Cisco uses the term the power of in-person to describe the ability of what technology to improve access to subject matter experts and to open doors for small business people?.
Cisco uses the term the power of in-person to describe the ability of Telepresence.
Telepresence: Technology that makes it possible for someone to act as though they are physically present in a distant or virtual location is known as Telepresence.
The foundation of telepresence is the creation of a two-way network proxy between a custom pod operating in a remote (or local) Kubernetes cluster and a process running on your development computer (bootstrapped using kubectl port-forward or OC port-forward).
The usage of telepresence robots to replace tour guides, night watchmen, factory inspections, and healthcare advisors is quite prevalent.
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Task 2: Savings, Investments, and Risk Management for a Middle-Aged Professional
Talk to a 40-year-old business professional with a family that includes a spouse and children.
This person can be a family member, friend, or mentor. List and describe the savings,
investments and risk management strategies for this phase of life. Describe how financial
planning has changed from the earlier phase of life.
The investment might be equities or real estate, and risk management tactics like risk aversion could be used to manage the $500 million in savings.
What is Risk management?Risk management can be thought of as the process through which people recognize and access risk. Eliminating any processes or activities that could negatively impact any of the aforementioned investments or assets constitutes one of the risk management methods that a man could employ. This is known as risk avoidance.
Risk management is essential for me as a 40-year-old company professional in order to be financially viable. Through these processes—wealth creation, development, protection of wealth, and wealth transfer—financial planning evolves from early stages of life.
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Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.
A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum
Answer:
Corporate citizenship
Aisha, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers at her level, and they see no reason to do what she asks. Here, aisha has
In this cross functional team, Aisha has weak position power.
Cross functional team:
In business terms, cross functional team refers the group of people with a variety of expertise who come together to achieve a common goal.
Given,
Here we have the person called Aisha, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers at her level, and they see no reason to do what she asks.
Now, we have to find the weakness of Aisha.
Here we know that, the position power refers to the authority that one possess over others in an organization due to the position in the managerial hierarchy such individual holds. And it also the work as a base line for the senior subordinate relationship in a firm.
Where as the position power makes flow of communication vertical, that is, from downward to upward and vice versa, which creates a sense of respect and fear among the subordinate towards their seniors.
Here in the given case, Aisha is the department manager and the other participant on which she wants to make order to holds same position as she do.
Therefore, there is no senior subordinate relationship among them which concludes weak position power.
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The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking foreign officials to get new business.
The Foreign Corrupt Practices Act (FCPA) makes it illegal for US residents to pay high-ranking foreign officials in order to gain new business. A violation can carry a criminal sentence of up to five years in jail. A violation is a felony since it carries a sentence of more than a year in jail.
The traditional definition of a crime is a felony, however a misdemeanour is seen as a less serious criminal. Under English common law, a crime was referred to as a "felony" (from the French term "félonie") if it resulted in the confiscation of a defendant's property and the potential of additional punishments, including the death penalty. Minor crimes were referred to as misdemeanours. According to all federal and state laws, a crime in the United States is often categorised as a violation, a misdemeanour, or a felony depending on how serious it is. A felony is a serious offence that carries a penalty of more than one year in jail.
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Complete Question:
The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking foreign officials to get new business. A violation can have a criminal penalty that involves up to five years in prison. The fact that one could be punished by over a year in prison makes a violation:
In today's economy, personal selling has evolved to take on elements of customer service and marketing research. Why is this the case?
a. It is less expensive to deliver service and conduct research with the sales staff.
b. It is more time efficient because salespeople are already interacting with customers.
c. Personal selling focuses more on developing customer relationships than on generating transactions.
d. It allows salespeople to earn higher commissions for doing more work.
e. None of the above is correct.
straight salary
The "Personal-Selling" take on elements of customer service and marketing research is because (c) "Personal-Selling" focuses more on developing customer relationships than on generating transactions.
The "Personal-Selling" is defined as a sales-strategy that involves face-to-face interaction between a salesperson and a potential customer.
In the past, personal selling was often seen as a transactional-process where the primary goal was to close a sale.
In today's economy, personal selling has evolved to take on a more relationship-oriented approach, where the goal is to build long-term relationships with customers.
To build these relationships, salespeople must engage in activities that go beyond simply closing a sale. They must also provide customer service and support, answer questions and concerns, and conduct marketing research to understand customers' needs and preferences.
Therefore, the correct option is (c).
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In today's economy, personal selling has evolved to take on elements of customer service and marketing research primarily because of option c. Personal selling focuses more on developing customer relationships than on generating transactions.
Marketing research is the process of collecting, analyzing, and interpreting data related to consumer preferences, buying habits, and market trends. It is a critical component of marketing strategy and helps businesses make informed decisions about product development, pricing, promotion, and distribution. Marketing research methods may include surveys, focus groups, observation, and data analysis of sales figures, customer feedback, and online activity. The insights gained from marketing research can help businesses identify new opportunities, optimize marketing campaigns, and better understand their target audience. Effective marketing research can provide businesses with a competitive advantage by helping them make data-driven decisions that lead to more successful outcomes.
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