Final answer:
Innovations introduce new features or entirely new products, driving industry evolution through technological advances and spillover effects. The process is supported by patent laws, encouraging ongoing R&D investments.
Explanation:
Innovations are those that lead to new features and capabilities in existing products or to completely new products. This process can involve incremental changes that refine and improve current products or radical developments that introduce entirely novel items into the market. The heart of innovation often lies in the ability to recognize and respond to changes in consumer demands, technological advances, or both.
Two key aspects highlighting the impact of innovation include technological advances and spillover effects. Technological advances drive the development of new or improved products and services by providing fresh means or methods of production. Meanwhile, spillover effects refer to the beneficial outcomes of research and development initially intended for one product, but that inadvertently benefit other products or firms. This interconnectedness suggests that investments in technology and R&D can yield widespread industry benefits beyond the original intent.
Moreover, product and process innovation play crucial roles in shaping industry dynamics. They not only lead to the rise of new products but also influence competitive rivalry and the forms of competition within industries. Pertinently, such innovations are supported by patent laws, which protect inventors and encourage continuous investment in R&D by granting them exclusive rights to their creations for a certain period.
13, a company has recently outsourced its payroll process to a third-party service provider. an audit team was scheduled to audit payroll controls in the annual audit plan prepared prior to the outsourcing. what action should the audit tram take, considering the outsourcing decision?
When a company outsources its payroll process, the audit team should adjust their focus to evaluating the third-party service provider's controls, ensuring compliance checks are included in the agreement, and regularly monitoring the effectiveness of the outsourced processes.
Explanation:Given that a company has outsourced its payroll process, the audit team initially scheduled to audit payroll controls must adjust their plans. Outsourcing does not eliminate the need for an audit; rather, it changes its focus. The audit should now evaluate the controls and processes of the third-party service provider to ensure they meet the company's standards and regulatory requirements. This adjustment acknowledges that while payroll functions are performed externally, responsibility for accuracy, compliance, and security remains with the originating company. This scenario underscores the importance of ongoing due diligence and monitoring of outsourced functions.
The audit team should:
Review and assess the third-party service provider's controls and security measures.Ensure that the outsourcing agreement includes provisions for audit rights and compliance checks.Monitor the effectiveness of the outsourced payroll processes on a regular basis.The goal of these steps is to maintain compliance and ensure the integrity of payroll operations, even when handled externally.
Why do so many people borrow money for large purchases instead of using sinking fund?
sinking fund is a special account that we made to reduce the liability from our bonds. In order to use it, we set up an account specifically used to re-purchase the bonds that we issued.
Sinking fund can be used only if the owner of the sinking fund able to re-purchase their liability. (such as using bonds)
Sinking fund requires a lot of time and planning but it is also a safe and efficient way for clearing the debts.
Since people in the world do not possess the ability to create bonds, they choose to borrow money for large purchases instead.
People often borrow money for large purchases due to the immediacy of the purchase, the potential benefits from certain loans, and current interest rates. While sinking funds require discipline and time, borrowing allows people to make immediate purchases and potentially gain tax benefits or investment opportunities.
Explanation:People often borrow money for large purchases rather than using a sinking fund for several reasons. One key reason is the immediacy of the purchase. Large purchases like homes or cars often require substantial amounts of money that most individuals do not have readily available. Borrowing allows them to make the purchase immediately, and pay it off over time.
Secondly, people sometimes choose borrowing over a sinking fund - which is a method where a person sets aside money over time specifically for a future purchase - because they may benefit from certain types of loans. A mortgage loan for a home, for example, might come with tax benefits that can offset the cost of interest paid.
Lastly, interest rates may also play a role in this decision. If interest rates are low, it could be cheaper to borrow money now and invest the saved funds elsewhere for a higher return. Although a sinking fund can be a prudent financial strategy, it requires discipline, time, and forethought that some people may not have.
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A computer that is dedicated to sharing data and managing resources is called
Final answer:
A computer dedicated to data sharing and resource management is called a server. Minicomputers were a type of server, now often supplanted by powerful PCs or cloud computing solutions. Servers can use virtualization to optimize resource allocation and handle large computing tasks efficiently.
Explanation:
A computer that is dedicated to sharing data and managing resources in a network is typically called a server. Servers can range in size and complexity from small office servers to large data centers filled with hardware to support the computing needs of multiple users and organizations. One type of server is a minicomputer, which supports many users at once but has less computing capacity than a mainframe. Minicomputers have largely been replaced by powerful personal computers that can function in a distributed computing network, where a personal computer sends information to other computers within the network.
Other computing models have emerged, such as cloud computing, which is based on the service model of allocating hardware and software resources as needed. Cloud computing provides both public and private services and is often used by businesses over the Internet. Additionally, effective collaboration in modern computer networks may be supported by groupware or workgroup support systems, which are software designed to facilitate group work and document management.
Modern computers utilize hardware resources like CPUs, memory, and storage, and employ various software methods to enhance their capacity, such as virtualization. This technology allows a single server to act as if it is multiple smaller systems. With virtual servers, resources can be dynamically allocated according to the systems' needs, allowing for efficient use of the hardware.
An essential development that has enabled digital computers to efficiently process large amounts of information is the creation of devices and technology that support the data sharing and management roles of servers, such as powerful processors, adequate memory capacity, and high-speed networks.
The _____ is an international cooperative of 188 member countries, working together to reduce poverty in the developing world.
Final answer:
The World Bank is an international organization with 188 member countries focused on reducing poverty through financial assistance, loans, and grants for economic growth in developing nations.
Explanation:
The World Bank is an international cooperative of 188 member countries, working together to reduce poverty in the developing world. Its primary role is to provide loans and grants to developing countries, with the overarching aim of fostering economic growth and eliminating poverty.
The World Bank works to raise funds for the world financial markets, but it also partners with other organizations like the United Nations Development Program (UNDP) to offer impactful assistance to less developed countries.
Economists within the World Bank utilize various growth models to comprehend different countries' growth experiences and to assess the potential impacts of their economic policies. Furthermore, the World Bank's efforts fall under broader international strategies for poverty reduction, developed since the end of World War II, which emphasize global justice and empowering marginalized groups through official development assistance or aid.
Which of these bottled water brands is produced by the makers of coca-cola?
Final answer:
The bottled water brand produced by Coca-Cola is Dasani. This aligns with Coca-Cola's diversified beverage portfolio and shows the company's efforts in sustainable water use, including reducing water used in drink production and restoring water to affected communities.
Explanation:
The bottled water brand produced by the makers of Coca-Cola is Dasani. This brand is part of Coca-Cola's broad beverage portfolio and is positioned in the market as a purified water that undergoes a specific filtration process. Coca-Cola, a global beverage powerhouse, has diversified its product line to include not just sodas but also water, tea, and sports drinks, among others. This diversification includes understanding the trade-offs and resource allocation necessary to balance production between soft drinks and bottled water, especially considering the environmental impacts of bottled water production.
Moreover, Coca-Cola's efforts to manage water usage more sustainably are notable. Although the company has faced criticism for its water usage practices in the past, it has vowed to make improvements. For example, initiatives to reduce the water used in drink production, as well as efforts to restore water to communities affected by its water usage, highlight Coca-Cola's acknowledgment of the importance of sustainable water use practices in its operations, including the production of bottled water like Dasani.
If the government imposes a price ceiling of $90, does a shortage or surplus (or neither) develop?what are the price, quantity supplied, quantitydemanded, and size of the shortage or surplus?
A price ceiling of $90 results in a shortage because it increases the quantity demanded to 150 units while decreasing the quantity supplied to 80 units, resulting in a 70-unit shortage.
When the government imposes a price ceiling of $90, a shortage develops. A price ceiling is a maximum legal price set below the market equilibrium price, causing demand to exceed supply. To determine the impact, we need to know the equilibrium price, equilibrium quantity, the quantity supplied, and the quantity demanded at $90.
Assuming an equilibrium price of $120 with an equilibrium quantity of 100 units, here’s the breakdown:
At Price Ceiling of $90:
Quantity demanded: Let’s assume it increases to 150 units due to the lower price.Quantity supplied: Let’s assume it decreases to 80 units due to the lower price.Shortage: 150 units (demand) - 80 units (supply) = 70 units.This results in a shortage of 70 units. Price ceilings lead to shortages because they increase the quantity demanded while decreasing the quantity supplied, disrupting the market equilibrium.
1640s, the principal crop grown in barbados went from being tobacco to
Which term is used to describe 'aiming too high' for a particular goal?
John would like to move from the suburbs into the city, but the rent in the city is very high.john has found an apartment he really likes, but he can only afford about 60% of the monthly rent. what is the best housing option for john
Sometimes ___________ is used to create a realistic situation with genuine reactions from participants.
Sales of denim shorts and denim jeans for may totaled $1,955. the shorts sold for $15 each, and the jeans sold for $28 per pair. if 100 items were sold, how many of the shorts were sold
By employing the system of equations method, we find that the store sold 65 pairs of shorts and 35 pairs of jeans to achieve total sales of $1,955 from the 100 items.
Explanation:Let's use the system of equations to solve the problem. We know that the total number of items sold would be the sum of the number of shorts (let's call it S) and the jeans (let's call it J), or S + J = 100, based on the information from the question. Next, we know that the total cost of the items sold is $1,955 which would be the sum of the cost of each shorts sold and each jeans sold or 15S + 28J = 1955.
To solve this system of equations, you can use substitution or elimination methods. However, let's solve it using substitution for this instance. Solving the first equation for S gives S = 100 - J. Substituting (100 - J) for S in the second equation gives 15(100 - J) + 28J = 1955. Simplifying this gives 1500 - 15J + 28J = 1955, or 13J = 455, hence J = 35. Substitucing J = 35 into S = 100 - J gives S = 65. So, 65 pairs of shorts were sold.
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A price elasticity of infinity corresponds to a demand curve that is:
A price elasticity of infinity represents a perfectly elastic demand curve, which is a horizontal line denoting that any small price increase will cause the quantity demanded to drop to zero, while at a certain price, the quantity demanded is infinitely large.
Explanation:A price elasticity of infinity corresponds to a perfectly elastic demand curve. This is an extreme case of elasticity where the quantity demanded changes by an infinite amount in response to any price change, no matter how small. The demand curve in this scenario is represented by a horizontal line, indicating that consumers will demand an infinite quantity of the product at a specific price, but the quantity demanded drops to zero if the price increases even slightly.
While this is a theoretical extreme, it helps us understand markets where goods have many substitutes or are not essential. Goods such as luxury items, which take a large share of individuals' income or have many substitutes, tend to have more elastic demand curves, but not infinitely elastic in reality.
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The view that alcoholism is a _______ dates back to 200 years ago.
As a homeowner, it is safe to assume that
A.
you can run a commercial business from your home.
B.
you can build a fence or other structure anywhere you want on your property.
C.
you must comply with all deed restrictions.
D.
zoning laws have no effect on your property.
B. you can build a fence or other structure anywhere you want on your property.
Zack has two savings accounts with a total of $9,000. he withdrew 10% from one and 60% from the other to buy his girlfriend an engagement ring. if the ring cost $2,175, find the remaining balance in each account.
After making the withdrawal for the engagement ring, Zack was left with $4,500 in the first savings account and $1,600 in the second savings account.
Explanation:This problem is a matter of simple algebra. We know that Zack has a total of $9,000 in his two accounts. Let's denote the amount in the first account as x and the one in the second account as y. So, we have x + y = $9,000. He withdrew 10% from the first account and 60% from the second account, which gave him $2175. Therefore, 0.1x + 0.6y = $2175. By solving these two equations, we find that x = $5,000 and y = $4,000. After the withdrawal, Zack has $5,000 - $500 = $4,500 in the first account and $4,000 - $2,400 = $1,600 in the second account
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For sara, ramen noodles are a normal good, however sean considers ramen noodles to be inferior. if sara and sean have the same amount of income:
Answer:
In this case, Sara will see the ramen as a good that is more elastic in demand than will Sean. This will mean that, as income drops for Sara, she will purchase less of the good than will Sean. Sean will end up purchasing less of the good if he has an increase in income.
Select the answer that most accurately describes the effects of NAFTA.
a. Due to the increase of trade and competition, NAFTA has unquestionably benefited all countries involved.
b. Due to the exploitation of labor, NAFTA has been detrimental to Mexico.
c. It is difficult to assess all the results of NAFTA, but most economists agree that NAFTA has been beneficial to the countries involved.
d. It is difficult to assess all the results of NAFTA, but most economists agree that NAFTA has had a negative impact on the countries involved.
what is the answer?
The answer is "c. It is difficult to assess all the results of NAFTA, but most economists agree that NAFTA has been beneficial to the countries involved".
The North American Free Trade Agreement (NATFA) was the entryway through which American specialists were pushed into the neoliberal worldwide work showcase.
By building up the rule that U.S. partnerships could move generation somewhere else and move once again into the United States, NAFTA undercut the bartering intensity of American specialists, which had driven the extension of the white collar class since the finish of World War II. The outcome has been 20 years of stale wages and the upward redistribution of salary, riches and political influence.
What theory asserts that workers want to be taken care of and protected by their leaders?
What forms of organization will enable the owners of regal signsregal signs to limit their risk of loss to the amounts they have invested in the business?
The economy is a social mechanism that helps coordinate __________.
The largest expenditure category in the united states is
It is a good idea to accept a promotion interview, even if you’re not interested in the promotion because _______. a. Turning down a promotion you don’t want is easier after an interview b. It could be good practice for the time you do want a promotion c. Being able to use up your supervisor’s time will make you seem important d. Having a promotion interview will give you an automatic wage increase Please select the best answer from the choices provided A B C D
It is a good idea to accept a promotion interview, even if you’re not interested in the promotion because _______.
a.
Turning down a promotion you don’t want is easier after an interview
b.
It could be good practice for the time you do want a promotion
c.
Being able to use up your supervisor’s time will make you seem important
d.
Having a promotion interview will give you an automatic wage increase
Answer: B
Is it legal for an 18 year old to smoke weed washington?
It's not. You must be over 21 to smoke weed in almost anywhere around the US. Sorry to say, but you have to wait for another 3 years, buddy. Lol
If a person starts investing $100 per month starting at age 21, and that money earns a 7% return every year, how much will this person have when turning 70 years old? for ease of calculation, assume starting balance of $0 and annual contributions of $1,200 (12*$100).
The person will have $454,798 when he will be 70 years old.
Further Explanation:
Future Value: Future value is the value of a product in the coming future. it is the value of the goods that would be realized after the sales of the goods in the future. It is calculated by using the future value annuity factor. Future value is used for the selection of the project. The value of the project can be accurately ascertained by determining the future value of the product because the product would be sold in the future at the future value.
[tex]\begin{aligned}\text{FV of the annuity}&=\text{P}\left(\dfrac{(1+r)^{n}-1}{r}\right)\\\text{P}&=\text{Periodic Payment}\\r&=\text{rate per period}\\n&=\text{number of periods}\end{aligned}[/tex]
Calculate the Future Value:
[tex]\begin{aligned}\text{FV of the annuity}&=\text{P}\left(\dfrac{(1+r)^{n}-1}{r}\right)\\&=\$1,200\left(\dfrac{(1+0.07)^{49}-1}{0.07}\right)\\&=\$1,200\times 378.99\\&=\$454,798\end{aligned}[/tex]
Therefore, the person will have $454,798 when he will be 70 years old.
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Answer details:
Grade: High School
Subject: Time Value of money
Chapter: Financial Management
Keywords: If, a person, starts, investing, $100, per, month, starting, at age 21, and, that, money, earns, a 7%, return, every, year, how, much, will, this, person, have, when, turning, 70, years, old, for, ease, of, calculation, annual, contributions, of present value.
The federal highway administration reports nearly ___________ work zone fatalities per year
The answer is: 800
These number of fatalities are strongly correlated to the failure in following the safety measurements that created by OSHA. For examples, failing to put bright colored signs around the work zones, not using lights when being in the work zone at night/dawn, do not use safety rope to reach deep or high places, etc.
Clay's Sandwich Shop is very busy during lunch. The line of customers runs out of shop and down the sidewalk from noon to 1pm. Many people leave without ever being able to buy one of this sandwiches before their lunch break ends. Considering this information, which situation would BEST increase Clay's chances of increasing his profits?
hiring more employees
buying better ingredients
moving to a new location
changing the store hours
Answer:
hiring more employees
Explanation:
Clay must make a cost benefit analysis, where he compares the marginal labor cost versus the marginal revenue product. Since Clay's restaurant has an excessive amount of customers and some can't even buy a sandwich, his analysis will probably determine that he should hire more workers.
Clay's cost benefit analysis should compare how much money he could make by hiring an extra employee or probably even more than one extra employee.
The shape is in 3d and looks like a hexagon looking at it normally you would say it has 2 sides but if you do a certain flexing/folding of it on of the sides disappear and a new one appears it can be made out of paper in real life
When a material is subjected to a change in ____, it may expand, contract, conduct, or reflect heat?
Final answer:
Materials expand, contract, or change in their ability to conduct or reflect heat when subjected to temperature changes, a concept known as thermal expansion, which is used in devices like thermometers and accounted for in structures with expansion joints.
Explanation:
When a material is subjected to a change in temperature, it may expand, contract, conduct, or reflect heat. This behavior is known as thermal expansion. The underlying cause of thermal expansion is the increase in kinetic energy of atoms, making them move apart from each other. This can be observed in solids, liquids, and gases to various extents, with gases being the most affected. Thermal expansion is crucial in the operation of many thermometers, which are designed to measure temperature changes by exploiting this property. Materials expand in length, area, and volume with temperature increases, and likewise contract when temperatures decrease. Expansion joints in structures like bridges and railroad tracks are practical applications that allow for such changes due to temperature variations.
Mr. elliot visits a local candy store and purchases 4.50 pounds of licorice at $4.47 a pound. what is the total cost of his candy? round to the nearest cent.
Answer:
20.12
Explanation:
You would multiply 4.50 and 4.47 which is 20.115 and then round to the nearest CENT. So since the ending number is 5 it would be rounded up to 2. Making it $20.12 :)
In a sample of 800 students in a university, 240, or 30%, are business majors. the 30% is an example of