Your sister is starting 9th grade next year and is thinking about going to college. What step would you recommend she take first?
Stars are _____, according to the BCG matrix. Stars have included Apple and the diamond company DeBeers.
According to the BCG matrix, a matrix with a marketing planning tool which helps managers to plan for a balances product portfolio, Stars is defines as organizations with high growth and high market share which are definite keepers that included Apple and the diamond company DeBeers. The matrix assesses existing and new products in terms of their market potential by looking at the market growth and market share.
the 9 digit number that identifies the bank that a check came from is called?
what role do consumers play on free enterprise system
Consumers play a crucial role in a free enterprise system by influencing the production of goods and services through their purchasing decisions.
In a free enterprise system, also known as a capitalist economy, consumers are one of the key components that drive the market. Their role can be understood through the following mechanisms:
1. Demand Determination: Consumers determine the demand for various goods and services. Their preferences and choices signal to producers what to produce, how much to produce, and at what quality. If consumers favor a particular product, producers will likely increase its supply to meet the demand.
2. Price Influence: Consumers influence prices through their willingness to pay for goods and services. If consumers are willing to pay more for a product, producers can charge higher prices. Conversely, if consumers are price-sensitive and seek lower prices, competition among producers can lead to price reductions.
3. Resource Allocation: Through their purchases, consumers direct the allocation of resources in the economy. Products that are in high demand encourage businesses to allocate more resources to their production, while products with less demand see a reduction in resource allocation.
4. Innovation and Variety: Consumers' desire for new and better products drives innovation and variety. Companies strive to develop new technologies and products to meet the evolving needs and wants of consumers, which leads to a dynamic and innovative marketplace.
5. Feedback Mechanism: Consumers provide feedback to producers through their buying patterns, reviews, and direct communication. This feedback helps businesses adjust their products and services to better align with consumer preferences.
6. Competition: Consumer choices foster competition among businesses. Companies compete to attract consumers by offering better products, services, and prices, which can lead to improved quality and efficiency in the market.
7. Economic Growth: Consumer spending is a significant component of economic activity. Higher consumer spending can lead to economic growth, while reduced spending can signal a downturn in the economy.
In summary, consumers are central to the functioning of a free enterprise system. Their decisions and behaviors not only influence the production and pricing of goods and services but also drive the overall direction of the economy.
Home-based entrepreneurs should focus on _____.
Home-based entrepreneurs should focus on business development, understanding their domestic market, and preparing for challenges. These focus areas are crucial for building a sustainable and competitive business. Leveraging resources and creating effective strategies can significantly enhance their success.
Home-based entrepreneurs should focus on several key areas to ensure their success. Firstly, they should prioritize business development by identifying their target market, creating a solid business plan, and leveraging self-employment resources such as workshops and advice.
Furthermore, understanding their domestic market position and the needs of home-market buyers can provide insights into improving their products and services. Finally, they should prepare for challenges, including competition and customer engagement, by creating strategies to attract and retain customers.
which of the following, if true, would illustrate why price indexes such as the cspi might overstate inflation in the cost of going to college? check all that apply.
A. As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.
B. Professors required each student to buy 15 notebooks, regardless of the price.
C. Energy drinks became increasingly popular on college campuses between 2014 and 2016 due to significant improvements in flavor, but this quality change is hard to measure.
D. A new mobile device for personal computing became available for purchase.
A, B, and D will increase the inflation cost of going to college.
Further Explanation:
Inflation:
Inflation refers to the decrease in the purchasing power of the money. The inflation results in an increase in the price of the goods. Now, fewer goods can be bought from a given level of money. Therefore, inflation is a situation where the price of the goods increases and the purchasing power of the money decreases. The CPI calculates the average change in the price of the goods.
Selection of the alternatives that would increase the inflation cost of going to college:
The alternatives that would increase the cost of attaining the college will increase the inflation cost of going to college. The following alternatives will increase the cost of going to college:
A.
As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers: It will increase the cost of going to college because of the price of the calculator rose.
B.
Energy drinks became increasingly popular on college campuses between 2014 and 2016 due to significant improvements in flavor, but this quality change is hard to measure: The increase in the popularity of the energy drink will increase the demand and consumption of the energy drink. It will increase the cost of going to college.
D.
A new mobile device for personal computing became available for purchase: The availability of the computing application will increase the cost of going to college because the students have to pay for the application.
Thus, A, B, and D will increase the inflation cost of going to college.
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Answer Details:
Grade: Senior school
Chapter: Inflation
Subject: Economics
Keywords: true, illustrate, price, indexes, cspi, overstate, inflation, cost, going, college, check, that, apply,
price, calculators, rose, fewer, students, decided, buy them, opting, instead, free, cell phones, computers, Professors, student, notebooks.
Select all that apply.
Select the items that can influence your decision process for buying a cell phone.
your name
peer pressure
price of the phone
advertising
The answer is:
peer pressure
When all of your other friends have a cell phone, you would most likely want to purchase one because you want to stay in touch with the social circle.
price of the phone
People have their own incentives to buy cheap or expensive phones. Those who buy cheap phones would most likely buy it to save their money. Those who buy expensive phones most would most likely aim for their functionality or social status.
advertising
Advertisement influence product awareness. Phones company that constantly do good advertising would make their products become more likely to be purchased.
Which sentence describes market conditions at the equilibrium, or market clearing, price? A Supply is greater than demand. B Demand is greater than supply. C Supply and demand are equal D There is no supply or demand.
Final answer:
Market conditions at the equilibrium price are where supply and demand are equal, with no surplus or shortage of goods. This is represented by the intersection of supply and demand curves.
Explanation:
The sentence that describes market conditions at the equilibrium, or market clearing, price is: Supply and demand are equal. This equilibrium, also known as the market clearing price, is where the quantity of goods that consumers are willing to buy at a certain price is equal to the quantity of goods that producers are willing to sell. At this point, there is no shortage or surplus of goods.
Graphically, this is represented where the demand curve (D) intersects with the supply curve (S). The equilibrium price and equilibrium quantity are found at this intersection. If the market price were any different from the equilibrium price, the market would experience either a surplus (excess supply) or a shortage (excess demand), thereby causing economic pressures that push the price toward the equilibrium level.
4. Why would someone choose to remain a nonemployer?
Answer:
NO NO NO! This question is asking why be a Nonemployer not Nonemployee !
A Person may choose to remain running their business with no employees because they found adding employees to not be worth it. Most likely the company is not large enough to afford paying employees or not large enough to need employees.
Explanation:
I'm in the Entrepreneurship class and completed the lesson
Organizing your research helps you to A. get your point across to your audience. B. create an alphabetical list of information. C. quickly find useful sites again, cite your sources properly, and avoid plagiarism. D. evaluate your sources as you read.
The outdoor clothing company Patagonia, Inc. pledges one percent of the company's annual revenue to environmental causes around the world. Founders of the company believe they have an obligation to contribute to society. This is an example of what?
List three impulse convenience goods that you or someone you know has purchased.
Approximately what portion of global employers tends to use social media websites to hire new employees?
A. 30 percent
B. 40 percent
C. 50 percent
D. 60 percent
E. 70 percent
My notes say about 40 percent.
"The latest statistics show that around 40 percent employers use social media websites to hire employees."
Taken directly from the lesson.
Out of the choices provided above, it can be concluded to state that approximately 40 percent of people employers around the world tend to use social media websites to hire new employees within their organization. Therefore, the option B holds true.
What is the significance of social media websites?The social media websites can be referred to or considered as the virtual spaces that allow a person to come in close contact with people around the world, such as their friends and family. However, the scope of these websites is unlimited.
With the introduction of sites such as ''monster'' and ''LinkedIn'', the use of social media has been done specifically to hire new employees. The employer has the facility to know about the skills and qualifications of an employee from verified spaces with the help of social media websites. Today 4 out of 10 employers use these sites for productivity.
Therefore, the option B holds true and states regarding the significance of social media websites.
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Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
What is personal finance
1. Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.
A source for conducting formal research would include what?
Sheila doesn’t have a lot of money for college tuition, but she really would like to go to college. What can she do while she’s in high school to achieve her goal?
A.learn as much as she can about her desired career
B.take classes in high school that will give her college credit
C.decide on a less expensive career
D.wait until she graduates before deciding her next move
E.quit school and start college right way
Answer:
B.take classes in high school that will give her college credit
Explanation:
There are high school courses which exempts a person from taking a few courses in college level. In order to avoid paying a hefty amount of fees at a college level.
C. less expensive career would not help her get through college
A. learning about desired career would help but not in getting through college
D. quitting school would do the opposite: it would increase her college tuition even more
Answer:
b. take classes in high school that will give her college credit.
Explanation:
4. Which of the following is a risk of large-scale government borrowing?
A. A GDP loss
B. Lower interest rates
C. Higher prices and interest rates
D. Lower employment
Student Answer: A
Answer: Incorrect
Reference: Section 3.6
5. A merger between a company and one of its suppliers is known as a _______ merger.
A. supply
B. vertical
C. demand
D. horizontal
Student Answer: A
Answer: Incorrect
Reference: Section 3.4
8. One advantage of preferred stock over common stock is that preferred stockholders
A. get a cheaper price on stock.
B. are entitled to a fixed dividend.
C. have the right to vote for the board of directors.
D. participate in managing the company.
Student Answer: C
Answer: Incorrect
Reference: Section 3.2
17. A characteristic of a natural monopoly is that
A. adding businesses in competition would increase cost to the consumer.
B. the firm is dedicated to the use of natural resources.
C. there's no government intervention in the market.
D. the firm is supported by the consumer and voted into existence by the voters.
Student Answer: B
Answer: Incorrect
Reference: Section 3.5
18. Which of the following is an advantage of investing in a mutual fund?
A. No risk
B. Guaranteed profit
C. Professional management
D. Investments are made in only one company
Student Answer: D
Answer: Incorrect
Reference: Section 3.2
20. What's the term for the profit made from selling a stock at a higher price than the price paid for the stock?
A. Capital gail
B. Depreciation
C. Stock profit
D. Dividend
Student Answer: C
Answer: Incorrect
Reference: Section 3.2
The correct answers are C for higher prices and interest rates due to government borrowing, B for a vertical merger, B for preferred stockholders getting a fixed dividend, A for a natural monopoly reducing costs, C for professional management of mutual funds, and A for capital gains from selling stock.
The correct answer to the question regarding the risk of large-scale government borrowing is that it leads to higher prices and interest rates (Option C). This typically happens because as the government borrows more, it competes for the same pool of funds that private borrowers use, leading to higher interest rates, also known as 'crowding out'.
A merger between a company and one of its suppliers is called a vertical merger (Option B). This type of merger can streamline production processes and reduce costs by consolidating the supply chain under one company's control.
One advantage of preferred stock over common stock is that preferred stockholders are entitled to a fixed dividend (Option B). This can be beneficial because it provides a more predictable income stream, compared to common stocks where dividends can vary.
A characteristic of a natural monopoly is that adding businesses in competition would increase cost to the consumer (Option A). This is because a natural monopoly arises where a single firm can supply the entire market at a lower cost than multiple firms could.
The advantage of investing in a mutual fund is that it offers professional management (Option C). Mutual funds allow investors to diversify their holdings and have them managed by financial professionals.
The term for the profit made from selling a stock at a higher price than the price paid for the stock is called capital gain (Option A). This profit results from an increase in the value of the stock over time.
Blue Ice Inc. is an American corporation. The company started out as a 1. ____ between Nick Selver and Rita Andrew in 1985. In 2001, the 2. _____ decided to 3.______ their company so they could sell company stock on the 4.____ . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
1. Competition, Corporation, Partnership, sole proprietorship
2. consumers, members, partners
3. dissolve, incorporate, nationalize, privatize
4. farmers market, internet, stock market
The type of cover letter written to request assistance and support from the author’s job network:
There are five general types of cover letters:
1. Application Letter - to apply for a specific job opening
2. Referral Cover Letter - mentions the name of a person who has referred you to a job
3. Letter of Interest - a prospecting letter, inquires about possible job openings
4. Networking Letter- request job search advice and assistance (sample networking letters)
5. Value Proposition Letter - a brief statement explaining what makes the candidate unique
If you are to request assistance and support from a job network, therefore, you must use the networking letter type of cover letter.
Answer: The answer is A. Networking letter
Explanation:
Jodi just described how Best Buy's new program required a very different way of defining work. Because the hours are no longer imposed by the organization but are rather left up to the individual, Best Buy will need individuals with certain skills like time management and the ability to work independently. Where would Best Buy include these requirements?
Best Buy would include requirements for skills like time management and independent working in job descriptions, employee handbooks, and training materials to align with the flexible work schedules of their new program. These evolving expectations in work environments underscore the importance of adaptability and communication for productivity and innovation.
Best Buy's new program that offers flexibility in work schedules emphasizes the need for workers to possess specific skills such as time management, adaptability, and independent working capabilities. These requirements reflect the changing landscape of work environments, where being able to manage one's own time effectively and produce results without constant supervision is increasingly valuable. As work becomes more flexible and less bounded by time or place, employees who can adapt to various situations, communicate effectively, and maintain productivity independently are in greater demand.
Given these evolving expectations, Best Buy would include requirements for time management and independent working skills in several company documents. In the job descriptions, these skills would be highlighted to ensure candidates are aware of the expectations before applying. Employee handbooks and training materials would also incorporate these competencies, outlining best practices for working flexibly and ensuring that all staff members understand the importance of developing these crucial skills for their day-to-day responsibilities.
The shift in work practices not only affects employee productivity but also impacts company culture and the ability to innovate. As such, Best Buy's management might need to create or adapt policies to facilitate this new style of working, ensuring that both collaborative and independent activities are optimized to contribute to the company's overall success.
Suppose you manage an upscale restaurant in new york city. __________ would involve writing employee schedules and a list of things to do for the chef and other kitchen staff.
write an example of an occupational practical problem
It basically means you don't have money anymore
What is the act of working with someone to produce or create something?
The act of working collaboratively to produce or create something involves various activities such as designing, assembling, and constructing, and is exemplified by a team of construction workers building a new structure.
The act of working with someone to produce or create something is commonly referred to as collaboration. Collaboration often involves a group of individuals who design, assemble, construct, conjecture, develop, formulate, author, or investigate to produce new or original work. A practical example of this is a team of construction workers who come together to create a new building, illustrating how production tasks can greatly benefit from the pooling of various skills and insights. These activities are essential in bringing about something new that holds value and contributes to the utility of individuals.
Open innovation’ can only operate across web-based platforms – true or false?
The assertion that open innovation is limited to web-based platforms is false. Instead, it is a versatile approach that involves a variety of participants and strategies, both online and offline, aiming to foster collaboration and widen the innovation process. false.
The statement that 'open innovation' can only operate across web-based platforms is false. Open innovation involves a broad spectrum of practices and strategies, including but not limited to the use of web-based platforms. It entails widening participation in the innovation process beyond traditional boundaries of organizations, allowing for collaboration among various entities such as users, governments, civil society, and businesses. This collaboration can happen both online and offline. The digital transformation and internet access are important for facilitating open innovation, especially in resource-poor countries, and for participating in open networks, but open innovation itself is not strictly bound to web-based platforms.
An example of open innovation extending beyond digital platforms can be seen in the strategy adopted by Nokia. Nokia used the Internet for idea harvesting and engaging a large community for feedback. However, their model also encompassed real-world collaboration, which is essential for a holistic approach to open innovation.
Moreover, the dialogue about open science, open education resources (OER), and open innovation is much broader than just web-based interactions. It includes creating the right ecosystem for innovation, where open access to research results and public collaboration can drive the development of new products and services, thus participating in the knowledge economy.
to decide where to place the first digit in the quotient ,you can estimate or use_
China is considered to have a(n) ________ culture.
China has a diverse and complex culture, which is a result of its history, geography, and contemporary economy. Its culture is marked by Confucianism, regional variabilities and adaptability.
Explanation:China is considered to have a diverse and complex culture. This is a result of its expansive history and geography. The country was home to many varied cultures that eventually contributed to the formation of a centralized political control and a united culture. This included a common written script and dominant schools of thought and religion such as Confucianism, Daoism, and Legalism. China's rich past is highlighted with numerous dynasties, each adding unique elements to its culture.
The geographic diversity of China, from deserts and mountains to rivers and plateaus, has also had a significant impact on its culture. Different regions have developed distinct ways of life corresponding to their environment. This regional diversity in culture still exists today.
Contemporary Chinese culture is significantly influenced by the People's Republic of China's place in the international economic system. China's culture has been adaptive, taking advantage of its large, educated labor force and tight governmental control over business and function.
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Why is it important for a court of record to keep an exact account of the trial?
Adam goes to a hardware store and tells the salesclerk that he needs a paint that will dry overnight because he was painting his front door and a rainstorm is predicted for the next day. The clerk gives him, a slow-drying oil-based paint that takes two days to dry. The store has breached a (n) _____.
The store breached an implied warranty of fitness for a particular purpose by providing Adam with paint that did not meet his requirement of drying overnight in anticipation of a rainstorm.
Adam goes to a hardware store seeking paint that will dry overnight due to an impending rainstorm. The salesclerk gives him a slow-drying oil-based paint, which needs two days to dry, resulting in a breach of an implied warranty of fitness for a particular purpose. This legal term refers to a situation where a seller knows the purpose for which the item is bought and implies that the item will be fit for that specific purpose. The incorrect advice given to Adam leads to the store failing to meet the implied warranty since the paint provided doesn't fulfill his specified need.