Apple sold more than 7 million iPads within months of launching the product. Prices for this product ranged from $499 to more than $800, and Apple had difficulty keeping up with the demand. Obviously, the benefits outweighed the cost for this product.
What costs do you refer to?The cost of materials, labor, services, products, equipment, and other commodities used by a company or other accounting entity is defined in accounting as the dollar amount of purchases made for those things. It is the amount that is stated as the invoice price and is noted in the bookkeeping records as an expense or asset cost basis.
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A significant challenge for marketing researchers is finding
Group of answer choices
a. unbiased researchers.
b. qualified researchers.
c. primary data.
d. secondary data.
e. a sample that is representative of the desired population.
A significant challenge for marketing researchers is finding secondary data. Thus the correct option is C.
What is a researcher?A researcher is said to be an individual who investigates the data and information available based on the understanding and calculates some results which can be beneficial in innovation.
Sometimes researchers find it difficult to gather secondary data as secondary data is manipulated and lacks reliability. These secondary data help businesses to inform about the current trends in the market and competitors.
Therefore, option C is appropriate.
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A supplier is an external stakeholder that 1 Multiple Choice competes for customers or resources. helps a company sell its goods and services to customers joins forces with another company to achieve advantages that neither can achieve on its own rescinds tax breaks when firms don't deliver promised jobs. provides raw materials, services, equipment, labor, or enerav.
A supplier is an external stakeholder that provides raw materials, services, equipment, labor, or energy.
What is stakeholder in a business?
A stakeholder an individual, group, or organization directly involved in or indirectly affected by a project, product, service, or business. As such, stakeholders also influence why and how companies do business.
What are the role of stakeholder?
The stakeholder's primary job is to bring their experience and perspective to the project to help the company achieve its strategic goals. We can also provide the necessary materials and resources. Your support is essential to the success of the project.
Who is the stakeholder in project?
The formal definition of a stakeholder is:
“Persons and organizations that are actively involved in the project or whose interests may be positively or negatively impacted by the implementation or success of the project”
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arlene quits her $125,000-a-year job to take care of her ailing parents. what is the opportunity cost of her decision?
The opportunity cost of her decision is the salary she would have been earning, which is $125,000 a year.
What is cost?The cost of something depends on many factors, such as the type of product or service, the quality, brand, and availability. Generally, the cost of an item is determined by the amount of resources and effort it takes to create or acquire it. Cost can also be influenced by the market, with factors like supply and demand, competition, and pricing strategies all playing a role. Cost is an important consideration when making any purchase decision, as it can determine how much value you receive for your money.
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The opportunity cost of Arlene's decision to quit her job to take care of her ailing parents is the foregone income of $125,000 per year. This means that by choosing to take care of her parents, Arlene will no longer have the opportunity to earn that income.
Opportunity cost is the cost of a chosen action in terms of the next best alternative that must be foregone. In other words, it is the cost of one decision in terms of the benefit that could have been gained by choosing another option. For example, if you decide to invest your money in a stock, the opportunity cost is the potential return on investment you could have earned by investing in a different stock or in a different investment vehicle, such as real estate or bonds. Opportunity cost can also be considered in terms of time, where the cost of one decision is the time that could have been spent on another task or activity.
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what statement related to bonds is true? Bonds that offer high potential returns are low risk, Bonds have varying levels of risk. Bonds are rarely traded, all bonds are considered low risk?
The statement that bonds have varying levels of risk is the one related to bonds that is completely true. Therefore, the option B is correct.
The bonds can be identified as the classes of monetary engagement, wherein the subscriber of the bond advances his or her money to the borrowing firm with an intention of getting returns at a predetermined rate of interest. Moreover, the bonds have different levels of risks, which increase with increasing return. Though they are safer investments, they still have chances of default being made.
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What is an example of a balloon payment?
A balloon payment is a large, lump-sum payment that is due at the end of a loan's repayment term. It is called a "balloon" payment because the amount is large and the payment is "inflated" relative to the other payments that are made throughout the loan's term.
An example of a balloon payment would be a person taking out a mortgage for $300,000, with a fixed interest rate of 5% and a 30-year term. If the loan agreement includes a balloon payment, the borrower may be required to pay off the remaining balance of the loan (for example, $100,000) after 10 years. This means that for the first 10 years of the loan, the borrower would make smaller, regular payments to pay down the principle and interest. But after 10 years, the borrower would be required to make a large, lump-sum payment of $100,000 in order to pay off the remaining balance of the loan.
It is important to note that balloon payment loans are generally less common now because of recent changes in lending laws that have made them more difficult to obtain. And also these type of loans are considered as High Risk by lending Institutions and Banks.
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When a loan's payback period is up, a balloon payment is a huge lump sum that must be made. Due to the payment's size and "inflation" in comparison to other installments made over the course of the loan's duration, it is known as a "balloon" payment.
Describe a balloon payment?A person who takes out a $300,000 mortgage with a fixed interest rate of 5% and a 30-year term is an example of someone who will have a balloon payment. Borrower may be compelled to repay the remaining loan sum (for instance, $100,000) after 10 years if the loan agreement stipulates a balloon payment.
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Wu, a member, is an audit manager at the firm of Winn & White, CPA's. Wu teaches intermediate accounting at North State University, an audit client of Winn & White, CPA's. Wu is employed by North State University on a part-time non-tenured basis. Wu does not participate in the audit of North State University nor is he in a position to influence the audit in any way. Wu is required to participate in an employee benefit plan sponsored by North State University but does not make any contributions beyond what is required of him. Which of the following statements is true regarding the firm's independence with respect to the audit of North State University as it relates to Wu's teaching position as described?
Top of Form
a) Wu's teaching position as described does not impair the firm's independence.
b) Wu's participation in the employee benefit plan will impair the firm's independence.
c) Wu's teaching position is not allowed in any capacity if the firm wants to maintain its independence with respect to the audit of North State University.
d) None of the above statements is true.
The true statements about the firm's independence with respect to the audit of North State University as it relates to Wu's teaching position is Wu's teaching position is not allowed in any capacity if the firm wants to maintain its independence with respect to the audit of North State University. The Option C is correct.
What does an Auditor's Independence mean?In a typical firm, independence ensures that auditors have no financial interest in the companies they audit. An auditor must be impartial in all aspects of the audit, but must also acknowledge a commitment to fairness and management of the client and any individual who may rely on the independent auditor's report.
The independence of the internal auditor or the external auditor from parties with a financial interest in the business being audited is referred to as auditor independence. Independence necessitates honesty and objectivity in the auditing process.
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1. The main purpose of adjusting entries is to: Record external transactions and events Record internal transactions and events Recognize revenues received during the period Recognize expenses paid during the period Adjust assets to their market value
The main purpose of adjusting entries is to b) record internal transactions and events occurring during the accounting period but not yet recorded.
what is meant by Record external transactions and events Record internal transactions and events Recognize revenu?
The purpose of adjusting entries is to convert cash transactions into the accrual accounting method. Accrual accounting is based on the revenue recognition principle that seeks to recognize revenue in the period in which it was earned, rather than the period in which cash is received.First, adjusting entries are recorded at the end of each month, while closing entries are recorded at the end of the fiscal year. And second, adjusting entries modify accounts to bring them into compliance with an accounting framework, while closing balances clear out temporary accounts entirely.Closing entries take place at the end of an accounting cycle as a set of journal entries. The closing entries serve to transfer these temporary account balances to permanent entries on the company's balance sheet. This resets the balance of the temporary accounts to zero, ready to begin the next accounting periodTo learn more about recognize revenue refers to:
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Which of the following is not a method of cost based pricing
A. cost plus pricing
B. marginal cost pricing
C. differential pricing
D. target pricing
The appropriate answer to this question is ( C ) Differential pricing is not a cost-based pricing technique.
How does cost-based pricing work?The cost of producing, manufacturing, and distributing a good is the basis for cost-based pricing, which is a method of determining prices. Pricing for a product is generally determined by adding a fraction of the manufacturing costs to the selling price in order to make a profit. The two types of expense price are cost-plus pricing and break-even pricing.
Cost-based pricing is one of a few pricing strategies, along with value-based, going-rate, and competition-based pricing.
A cost-based pricing strategy is used by businesses to produce revenue that is a fixed percentage higher than their total production and manufacturing costs. It's a typical pricing choice.
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Why do entrepreneurs need to plan ahead of time before setting up a business?
Starting a business may be lucrative and risky at the same time. By creating a business plan in advance, you may choose the steps you need to take and the desired outcomes for the company.
What Are Corporate Goals?Business goals are necessary for setting priorities and positioning your company for success over a specific time period. Your chances of success can be greatly increased by setting goals for your business and creating specific targets to help you achieve each goal.
This article covers the idea of business goals, how they differ from objectives, and examples of both short- and long-term firm goals.
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Is borrowed money a loan?
Borrowed money is a loan. It is because the definition of loan is money that given to another party in exchange for repayment of the loan principal amount plus interest.
A loan in accounting and economic generally can be defined as essentially money borrowed with a promise of return within a specific period or tenor. The examples of loan are auto loans, personal loans, home purchase loans, and many student loans.
There are several types of loan, such as:
1. Personal Loans
2. Auto Loans
3. Student Loans
4. Mortgage Loans
5. Home Equity Loans
6. Credit-Builder Loans
7. Debt Consolidation Loans
8. Payday Loans
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What are the big 3 of big data?
The big 3 of big data are Storage, Processing, Analytics.
What is big data?Big data refers to large sets of data that are too vast and complex for traditional data processing applications. It can involve both structured and unstructured data, and is often generated from multiple sources. Big data can be used to help organizations make informed decisions and drive efficiency. With the help of advanced analytics, companies can uncover hidden patterns, correlations, and insights from large sets of data. It has become an invaluable resource for businesses and other organizations, as it can provide new opportunities and insights, while also improving operational efficiency.
1. Storage: The ability to store large amounts of data. This includes traditional relational databases, NoSQL databases, Hadoop and other distributed file systems, and cloud storage solutions.
2. Processing: The ability to process large amounts of data in a parallel, distributed fashion. This includes MapReduce, Apache Spark, Apache Flink, and other big data processing frameworks.
3. Analytics: The ability to analyze data in order to discover patterns, trends, and insights. This includes machine learning, statistical analysis, data mining, and other data science techniques.
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Permanent accounts would not include: O Interest expense. O Salaries and wages payable. O Prepaid rent. O Deferred revenues.
On the balance sheet, permanent accounts are classified as assets, liabilities, and owner's equity. Interest expense would not be included in permanent accounts.
Permanent accounts are accounts that are not closed at the end of the accounting period, hence are measured cumulatively. Permanent accounts are asset, liability, and capital accounts that appear on the balance sheet. Permanent accounts are those that appear on the balance sheet. Asset accounts, liability accounts, and capital accounts are examples. The cost of borrowing money is referred to as interest expense. It is the fee charged by a lender to a borrower for the use of the lender's funds. On the income statement, interest expense can represent the cost of borrowing money from banks, bond investors, and other sources. Interest expense differs from operating expense and CAPEX in that it relates to a company's capital structure and is usually tax-deductible.Interest income and interest expense are reported separately on the income statement, or sometimes together under "interest income - net" (if there is a surplus in interest income) or "interest expense - net" (if there is a surplus in interest expense) (if there is a surplus in interest expense).
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Which are the most likely uses of capital invested in the business? paying taxes
hiring workers
repaying investors
producing goods
distributing goods
buying materials
I think the solution is to hire personnel, produce items, distribute goods, and purchase supplies. Most likely, a capital investment would be made.
What does the word "distributing" mean?
"Distribution" is the process of spreading a product over the market so that more people can purchase it. These distribution-related actions include: 1. A reliable mode of transportation to deliver the commodities to their locations
Deal, dispense, split, and dole out are a few often used alternatives to the word distribute. Food was distributed to those in need even though all of these idioms mean "to hand out, generally in portions to each member of a group." The verb distribute suggests dividing anything into portions, units, or amounts.
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People with an external locus of control tend to be more satisfied with ________ leadership styles.
Group of answer choices
a. achievement-oriented and directive
b. participative and directive
c. directive and supportive
d. supportive and achievement-oriented
Option C is correct. People with an external locus of control tend to be more satisfied with directive and supportive leadership styles.
With the leadership style, the pioneer gives little bearing and little support. all things being equal, devotees settle on and carry out choices. Assigning.
Initiative, both as an examination area and as a sensible ability, includes the capability of a man, gathering or business to "lead", effect or guide various people, gatherings, or whole associations. The expression "initiative" routinely gets considered as a challenged term.
"The movement of fundamental a gathering of people or a business undertaking." that is the manner by which the Oxford Word reference characterizes initiative. In simple words, the executives is set taking risks and troublesome the state of affairs. Pioneers spur others to accomplish something new and better.
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In a(n) ____ trend, values change by a constant percentage and usuallyappear as a curve.a.linearc.periodicb.growthd.orthogonal
In a growth trend, values change by a constant percentage and usually appear as a curve.
Growth trends express the pace of growth over a predetermined time frame. It is possible to measure a growth trend over any length of time, whether a month, year, or decade. You can forecast future growth by identifying the current growth trend.
The market worth of a nation's commodities and services over time is measured by a growth rate, such as the gross domestic product (GDP). You can gauge how rapidly an indicator has increased or decreased by looking at its growth rate.
Growth rates are the percentage changes in a given variable over a certain period of time. Depending on whether the magnitude of the variable is rising or decreasing over time, growth rates can be either positive or negative. When examining populations, scientists first employed growth rates.
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The negotiation process has three, and possibly four, steps: plan, negotiations, possibly a postponement, and an agreement or no agreement.
True False
True. The negotiation process typically involves the following steps: plan, negotiations, possibly a postponement, and an agreement or no agreement.
The first step is to plan, which involves identifying the goals, objectives and strategies of both parties. The second step is the actual negotiations, where the parties discuss and try to reach a mutually acceptable agreement. The third step is possibly a postponement, where the parties may need to take a break and come back to the negotiation later. The final step is an agreement or no agreement, where the parties either reach a mutually acceptable agreement or decide not to continue with the negotiation.
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What are the benefits of the tax we paid to the nation?
Taxes are the government's revenue for financing public spending, including building roads, school buildings, and hospitals, and for funding local government services, including police and fire departments, parks and playgrounds, and public libraries.
What exactly do we mean by tax?A tax is a compulsory fee or financial charge imposed by a government on a person or an entity in order to raise money for public works projects that provide the greatest infrastructure and facilities. Afterward, several public expenditure projects are funded using the funds obtained.
We pay taxes because why?Due to their inability to successfully provide such services for themselves, all residents benefit from taxes that are used to pay for defense, roadways, police, and a justice system, among other necessary services.
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Benefits like schools and roads, healthcare for the underprivileged and aged, police and fire protection, and the funding of the armed services are all made possible by tax money. Taxes fund the government's operations and the needs of the populace.
In order to ensure that taxpayers are paying the correct amount of tax at the correct time and receiving the correct tax allowances and tax reliefs, tax compliance refers to both governmental actions and individual behavior. A tax is a mandatory fee or other sort of levy that must be paid by the taxpayer in order for the government to meet certain administrative and public duties. The first known taxation was established in ancient Egypt between 3000 and 2800 BC. Both dodging taxes and refusing to pay them are against the law. Taxes can be direct or indirect and can be paid in cash or the equivalent in labor. Most countries have some sort of taxing system in place,
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"within confines of law and ethics" is an important qualifier in which ethical framework
a. shareholder theory
b. Deontology
c. Utilitarianism
d. Kantian Ethics
The correct response is a. shareholder theory. The qualification "within bounds of law and ethics" is crucial in the ethical framework of shareholder theory.
The stakeholder theory is an organizational management and business ethics theory that takes into account many constituents affected by business entities, such as employees, suppliers, local communities, creditors, and others. It discusses principles and values that go into running an organization, including those associated with market economics, social contract theory, and corporate social responsibility. The resource-based, market-based, and socio-political levels are all combined in the stakeholder view of strategy. The normative theory of stakeholder identification is a typical variation of the theory that aims to identify the particular stakeholders of a corporation before examining the circumstances in which managers consider these parties as stakeholders (the descriptive theory of stakeholder salience). Stakeholder theory has been successful in challenging conventional analysis frameworks in disciplines like law, management, and human resources by advocating that stakeholders' needs come first in all decisions. Some authors, including Geoffroy Murat, attempted to use stakeholder theory to analyze irregular warfare.
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Cash received from the issuance of notes payable is a(n) _____ on the statement of cash flows.
a. Financing activity
b. Investing activity
c. Non- cash activity
d. Operating activity
Option (a), On the statement of cash flows, money received from the sale of notes payable is classified as a financing activity.
Is issuing notes payable a finance or an operational activity?When a company receives funds from a lender, the principal amount of a long-term loan, also known as a note payable, is often recorded in the financing activities part of the cash flow statement.
On a statement of cash flows, which of the following is categorized as a financing activity?Financing activities include borrowing money or repaying a loan, investing in bonds, equities, or other long-term financial instruments, as well as paying dividends. The payment of bonds is a cash outflow under financing operations because they are issued to raise long-term capital for the company.
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a) surplus of loanable funds and the interest rate will fall. b) shortage of loanable funds and the interest rate will fall. c) surplus of loanable funds and the interest rate will rise. d) shortage of loanable funds and the interest rate will rise.
If the volume of loanable funds requested exceeds this same volume of loanable funds supplied, the investment rate will rise.
What exactly do you presume by "loanable funds"?The term loanable funds refers to funds that are readily available for borrowing. Domestic savings and/or bank debt are examples of loanable funds.
What is an illustration of an available for lending fund?For example, when a person earns $20,000 and spends $50000 on services and goods while saving $2,000, the amount of loanable funds available increases by $2000. This $2000 has become available for borrowing by someone else. As interest rates rise, so does the amount of loanable funds available.
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Is the most common method used for pricing Mcq?
Cost based pricing is a type of pricing strategy that tries to cover costs while still providing the business owner with a respectable profit margin. It is calculated by multiplying the average manufacturing cost by a predetermined markup.
What is Cost based pricing?A markup is applied to the cost of a good or service to account for overhead and profit.Several methods are: Full-cost pricing, Variable cost pricing, Break even pricing.In especially for goods or services with a steady cost structure, it might be a beneficial strategy for pricing.It does not take into account the value that the product or service provides to the customer or the prices of competing products or services.To know more about cost based pricing, visit:
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what type of stakeholders include community, government, nongovernmental organizations, and business support groups?
Secondary stakeholders are the type of stakeholders include community, government, nongovernmental organizations, and business support groups
Secondary stakeholders are individuals or groups that are indirectly impacted by the actions of a company or organization. They do not have a direct stake in the organization, but they may still be affected by its operations or decisions. Examples of secondary stakeholders include suppliers, distributors, and customers.While secondary stakeholders do not have the same level of direct influence on a company as primary stakeholders (such as shareholders or employees), it is still important for organizations to consider their needs and concerns in order to maintain good relationships and ensure the long-term success of the business.
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Community, government, nongovernmental organizations, and corporate support groups are examples of secondary stakeholders.
What do you mean by secondary stakeholders?
Secondary stakeholders are people or organizations who are negatively or positively affected by a company's or organization's actions. Although individuals do not directly benefit from the organization, their lives could nonetheless be impacted by its actions or decisions. Suppliers, distributors, and customers are a few examples of secondary stakeholders. Although secondary stakeholders don't directly affect a company in the same way that primary stakeholders (like shareholders or employees) do, it's still critical for organizations to take into account their needs and concerns in order to uphold positive relationships and guarantee the long-term success of the business.To know more about Secondary stakeholders here:
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What are two characteristics of agile contracts?
Flexibility takes two forms in Agile contracts: The first is scope flexibility. This allows the team to work on the highest priority backlog items with customer understanding and validation. The second is process flexibility.
What does agile mean and types of agility?Agile involves using short development cycles, multiple iterations, and continuous improvement, with the flexibility to make changes as the project progresses.
There are five basic Agile methodologies: Scrum, Kanban, Extreme Programming (XP), Lean Development, Crystal.
What types of Agile contracts are there?Types of agile contracts: Fixed price, fixed scope. time and materials. Time and materials with fixed range and cost caps. Bonus Clauses and Malus Clauses. Time and actual costs with varying scope and cost limits. Staged development. Fixed profit.
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What are the most important rights of an employee?
You won't experience bullying or unfair treatment due to your race, color, religion, sexual orientation, gender identity, national origin, handicap, age (40 or older), or genetic information (including family medical history). Equal remuneration for equivalent effort is granted.
What are some of the duties and rights of employees?You have a duty as an employee to:
Wear or make use of the necessary protective equipment while working, and adhere to all legal employer safety and health laws and regulations. Describe dangerous situations to your employer. Inform your employer of any illness or injury that occurred on the work, and get help right away.
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Do I need to replace my modem when I replace my router?
No, you do not need to replace your modem when you replace your router. Modems are used to connect your home network to your internet service provider (ISP) while routers are used to broadcast a wireless signal and manage the flow of data within the network.
So while you may need to reset your modem if your router settings change, you do not need to replace your modem with a new one when replacing your router.
One or more packet-switched networks or subnetworks can be connected using a router. By sending data packets to their intended IP addresses, it manages traffic between different networks and permits several devices to share an Internet connection.
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Yes. If a combo modem/router/AP is being discussed, be sure to swap out the router with one that has a modem that is appropriate for your internet provider.
Instead, you can utilize your own router for a number of good reasons, including: A new router might offer a better and more stable connection. Simply said, you can replace the router given by your ISP with one of your own using your own equipment. There are many various devices available to replace your subpar ISP routers, so you should really search around to get the one that best matches your needs as a user. An actual or virtual device known as a router is used to transmit data between two or more packet-switched computer networks. A router examines the destination Internet Protocol address of a given data packet, determines the optimal path for it to take to its destination, and then forwards it in accordance with that decision.
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A proven product, established management systems, and customer goodwill are three advantages of _____.
A proven product, established management systems, and customer goodwill are three advantages of buying a franchise.
What does the term "franchise" mean?A franchise (or franchising) is a method of a product or service distribution where a franchisor creates the brand's trademark or trade name and a business system and a franchisee pays a royalties and frequently an initial charge for the right to operate under the franchisor's name and network.
How does a franchise function?By joining forces with a corporate logo, a franchisee can launch a company under the brand's wing. With the help of the franchisor's name, logo, goods, services, and other assets, the franchisee is the owner and operator of that location.
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List five reasons a stock will go up.
1. Positive News – Positive news in a company such as increased sales or earnings, upgraded ratings by analysts, or even a positive development in an industry your stock may be a part of can help drive the stock price up.
2. Buyout Rumors – Rumors of a potential takeover can send shares soaring. Companies often offer up a premium above the current stock price when executing a takeover which can create a tremendous amount of investor enthusiasm in the stock.
3. Aging Bull Market – As a bull market grows older it tends to pull stock prices up with it in a general rising trend. Many investors jump on board in the hope of riding the wave up and making a profit.
4. Short Squeeze – A common phenomenon in the stock market is a short squeeze. When a large number of investors reject a stock, it can cause its stock price to skyrocket.
5. Increased Production/Revenue – Increased production and/or sales can bode well for the stock price of a company. If the company is able to make more money, this will likely be reflected in its stock price.
Create a thesis statement based on the following information by adding a claim (point) and the third point to complete the thesis statement. (10 points each) Topic 1: Education Supports: 1. It could enable one to get a better paying job. 2. It makes a person a more informed citizen. Topic 2: Bowling Supports: 1. It is not limited to any age group. 2. It can be played at any time. Topic 3: Young children Supports: 1. You must provide for their physical needs. 2. You must provide for their emotional needs.
The thesis statement for topic 1 is Education is important as it can enable individuals to avail higher paying job opportunities, make them a more informed citizen, and help them develop critical thinking skills; for topic 2 is Bowling is a physical activity for everyone as it is not limited to any age group, can be played at any time, and does not need any expensive equipment; for topic 3 is As parents or caregiver, young children require a lot of care as you must provide for their physical needs, emotional needs, and mental needs.
A thesis statement is provided at the conclusion of the introductory paragraph of a paper. It is a concise summary of the main point or claim of the paper or essay. It is expressed generally in one sentence. A thesis statement is a sentence which states the topic and purpose of the paper. In the provided case, a thesis statement is provided, and a third point is added to complete the thesis statement. For topic 1, the third point is it helps a person develop critical thinking skills. For topic 2, the third point is it does not need any expensive equipment. For topic 3, the third point is you must provide for their mental needs.
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Are CDs high risk or low risk?
A certificate of deposit is relatively low risk investment because it is insured by the FDIC (Federal Deposit Insurance Corporation)
A certificate of deposit (CD) is a type of financial product offered by banks or other credit institutions that pays a fixed interest rate for a set period of time.
A certificate of deposit held by average-income consumers are relatively low risk investment and do not lose value because it is insured by the FDIC (Federal Deposit Insurance Corporation), with the amount up to $250,000 per account.
Even though it is a low risk investment, the CD has disadvantage, that is its liquidity is limited. A CD holder cannot access their money any time as a typical savings account holder. To withdraw funds from a CD account before the end of the term, a penalty must be paid. This penalty can take the shape of lost interest or a penalty on the principal.
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typically ______-level goals and strategies require intermediate- and short-term plans.
Typically functional level goals and strategies require intermediate- and short-term plans.
Planning is a managerial role that entails identifying objectives & determining the course of action to achieve those objectives. Managers must be aware of present environmental circumstances and foresee future ones in order to plan. It also requires managers to make smart judgements. Planning is a method that includes multiple phases. Environmental scanning is the first step in the process, which essentially implies that planners has to be aware of the major contingencies that their firm faces in terms of economic circumstances, rivals, and consumers.
Following that, planners must strive to anticipate future events. These estimates form the basis for future planning. Planners must set objectives, which are assertions of what must be completed and when it must be accomplished. After weighing the many options, planners must decide on the best course of action for accomplishing goals. They must then devise suitable measures and ensure that plans are implemented efficiently. Finally, planners must continuously assess the effectiveness of their plans and take remedial action as needed.
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