The correct answer is True Taxpayers pay most of their tax liability prior to the due date of their tax returns.
Anyone who conducts any type of business or profession with annual gross earnings or sales exceeding or anticipated to exceed Rs. 5 lakh. When do you submit your taxes? is one of the terms in this set (56) must be mailed no later than midnight on April 15 of the year after the tax year. How to determine your tax obligation from your taxable income. The difference between your taxable income and tax deductions is your gross tax obligation. Your total income tax burden is your gross tax liability less any allowable tax credits. Every person is required to pay income tax. The definition of "person" under section 2(3) of the Income Tax Act includes both natural and artificial people.
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The right reply is Genuine Citizens pay most of their charge risk earlier to the due date of their assess returns.
Who are real taxpayers?
Anyone who conducts any sort of trade or calling with yearly net profit or deals surpassing or expected to surpass Rs. 5 lakh. When do you yield your charges? is one of the terms in this set (56) must be sent no afterward than midnight on April 15 of the year after the assess year.
How to decide your assess commitment from your assessable pay. The distinction between your assessable wage and assess derivations is your net charge commitment. Your add up to salary charge burden is your net assess obligation less any admissible charge credits. Each individual is required to pay wage charge. The definition of "individual" beneath segment 2(3) of the Wage Assess Act incorporates both characteristic and counterfeit individuals.
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A state's conformity date can be used to determine:
1-Qualifications for state tax credits.
2-Whether recent changes to the Internal Revenue Code will carry through to the state return.
3-Whether the starting point for calculation of state taxable income is federal taxable income or federal adjusted gross income.
4-Which state-specific deductions may be claimed in the current year.
A state's conformity date can be used to determine whether recent changes to the Internal Revenue Code will carry through to the state return.
In accounting, turnover is the gross income generated from the sale of goods and services related to a company's primary activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.
Turnover is generally the total amount of revenue from the sale of goods or services related to a company's business. Revenue is the income from the sale of goods or services over a period of time. Tax revenue is the income that the government receives from taxpayers. Fundraising income is the income a charity receives from donors and others to further its social cause.
Hence the correct option is 2.
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How often does the innovation and planning IP iteration occur?
The Innovation and Planning (IP) Iteration that comes before every Program Increment (PI) has a number of objectives.
How many IP iterations are there?Throughout a timeframe defined as a Program Increment, an Agile Release Train (ART) provides incremental value in the form of working, tested software and systems (PI). In most cases, PIs endure 8 to 12 weeks.
The most common PI design consists of four development iterations, followed by one innovation and planning (IP) iteration. What a PI is to an Agile Release Train (ART), an Iteration is to an Agile Team (or Solution Train). To demonstrate value and obtain a timely response, a full system increment must be conceived, constructed, and validated within a predetermined timeline.
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What types of BI decisions include forecasting claim amounts and medical coverage costs, classifying the most important elements that affect medical coverage; predicting which customers will buy new insurance policies
Forecasting claim amounts and medical coverage costs are just two examples of insurance BI decisions.
What are BI decisions?To assist businesses in making more data-driven decisions, business intelligence integrates business analytics, data mining, data visualization, data tools and infrastructure, and best practices.
It is a method of analyzing copious volumes of data to give you the knowledge you require to make the best business decisions.
Through the use of the powerful BI dashboard and predictive analytics consultancy, it is utilized to make decisions and assist business executives in the management of their organization.
Business intelligence provides essential data on the company's current and past performance as well as future trends, anticipated demands, customer behavior, etc., to assist businesses to make informed decisions on strategic issues.
Therefore, forecasting claim amounts and medical coverage costs are just two examples of insurance BI decisions.
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Disney's culture teaches and relnforces the values Multiple Choice O of innovation, reliability, and growth. O of intelligence, empathy, and sensitivity O of professionalism, teamwork, and service O associated with storytelling and delegating responsibilities.
Disney's culture teaches and reinforces values of intelligence, empathy, and sensitivity.
What is culture?The term "culture" refers to a wide variety of societal aspects that are generally invisible. Sociologists define culture as the common beliefs, linguistic conventions, and social norms that can be used to categorise a group of people as a whole. Culture also includes the physical items that are typical of that group or society. Sociologists are aware of how important culture is to our social lives and that it is one of sociology's most important concepts. It is essential for creating and maintaining social order, determining how we view the world and our place in it, and affecting how we act and interact with others on a regular basis in society.
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What are the 4 main types of data analytics?
The four main types of data analytics are: Descriptive, Diagnostic, Predictive, and Prescriptive.
What is data analytics?
The study of examining unprocessed data to draw inferences about that information is known as data analytics. Many data analytics methods and procedures have been mechanized into mechanical procedures and algorithms that operate on raw data for human consumption. Data analytics can take many different forms, such as looking at what happened, why something happened, what will happen, what should be done next, or all of the above (descriptive analytics, diagnostic analytics, and predictive analytics) (prescriptive analytics).
For the most extensive data manipulation, data analytics relies on a number of software tools, including spreadsheets, data visualization, and reporting tools, data mining applications, or open-source languages.
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Advantages of using activity-based costing includes all of the following:
Advantages of using activity-based costing includes more accurate product costs and It provides a more accurate cost per unit.
What Is Activity-Based Costing (ABC)?
ABC is a technique for allocating overhead and indirect costs, such wages and utilities, to goods and services.The ABC method of cost accounting is built on activities, which are defined as any occasion, project, or job with a clear objective.A cost driver is an activity, such purchase orders or machine settings.The amount of overhead and indirect costs associated with a certain activity is determined using the cost driver rate, which is the cost pool total divided by cost driver.The cost pool total divided by the cost driver, which results in the cost driver rate, is the formula for activity-based costing.To study more about Activity-Based Costing (ABC)
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a firm has an roe of 5%, a debt/equity ratio of 0.5, and a tax rate of 35%, and pays an interest rate of 7% on its debt. what is its operating roa? (do not round intermediate calculations. round your answer to 2 decimal places.)
4.5% is the operating ROE.
How much operating equity return there is there?Operating the equity return is the difference between commencing and ending directors' equity, minus AOCI, for a period, divided by operating income for such period.
Is a high ROE a good thing?A corporation is good at turning the equity money it receives from shareholders into profit if it has a significant return on equity. A corporation is less likely to rely on debt or asset raises to pay its expansion the more profitable it is.
ROE = (1 – Rate of tax) (1 – Tax rate) * [ROA plus (ROA minus Annual interest) Debt / Equity]
01 - 0.35 * [ROA + (Return on assets - 0.06) x 0] = 0.03 .5]
0.03 * (ROA+0.5ROA-0.03) = 0.65
ROA = 0.45
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What is one benefit of purchasing a savings bonds?
If we are purchasing a bond, we do not have to pay interest rate. So that, we also earn interest regularly for 30 years.
In business and economic, a bond generally can be defined as a fixed-income investment that represents a loan made by an investor to a borrower. The investor that usually being a borrower is corporate or governmental. There are several types of bonds, such as treasury, agency, municipal, savings, and corporate. One of the benefit from purchasing bond is that we will earn interest regularly for 30 years.
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a shared resource, such as land, air, or water, that a group of people uses collectively is a(n):
A commons is a shared resource,such as land,air,or water,that is used collectively by a group of people.
The paradox of the commons is that if all individuals try to maximize their own private advantage in the short run, the commons will remain abundant in the long run.People,resources,environment and development,huge economic burdens from legacy problems like air and water pollution,the depletion of the availability of land and water resources, their use and management, as well as such growth would imply that agriculture continues to be a driver of environmental degradation is the disintegration of the land or the deterioration of the environment through the consumption of assets, such as air, water and land. Climate change, natural hazards, and resource depletion represent major emerging threats to society from the physical environment,and these threats are transmitted.
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Cash-basis accounting ______. (Select all that apply.)
Multiple select question.
O records revenues when collected and expenses when paid
O provides a better measure of net income than accrual-based accounting
O is generally not accepted in preparing financial statements
O records revenue in
Cash-basis accounting is records revenues when collected and expenses when paid and provides a better measure of net income than accrual-based accounting and also is generally not accepted in preparing financial statements for external reporting purposes.
What is cash-basis accounting?Cash-basis accounting is a method of accounting where revenue is recognized when cash is received, and expenses are recognized when they are paid.
Under this method, transactions are recorded when cash is exchanged, rather than when they are incurred.
This method is commonly used by small businesses and individuals because it is simple and easy to understand.
However, it may not provide as accurate of a financial picture as accrual-basis accounting, which records transactions when they occur, regardless of when cash is received or paid.
Additionally, cash-basis accounting may not comply with Generally Accepted Accounting Principles (GAAP) and may not be acceptable for tax or financial reporting purposes.
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Assume an open economy in which GDP is $20 trillion. If consumption is $14 trillion, government spending is $3 trillion, taxes are $2 trillion, government transfers are $0, exports are $2 trillion, and imports are $3 trillion, what is the government budget balance
Since when S>I or NX>0, Capital is leaving the country. Therefore, $2 trillion is the right answer (outflows)
Why do taxes exist?Taxes are compulsory payments made by a government organization, whether city, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Medicare and Social Security programs as well as public infrastructure and services like roads and schools.
Briefing:When S = I, NX are zero. It follows that S - I Equals NX.
$3 trillion in exports and $1 trillion in imports.
NX = X - M = 3 - 1 = $2 trillion.
Since when S>I or NX>0, Capital is leaving the country. Therefore, $2 trillion is the right answer (outflows)
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The complete question is-
Scenario: Open Economy S = I
In an open economy the GDP is $20 trillion this year. Consumption is $11 trillion, and government spending is $1 trillion. Taxes are $3.5 trillion; Transfers are $2 trillion. Exports are $3 trillion, and imports are $1 trillion.
(Scenario: Open Economy S = I) According to the Scenario: Open Economy S = I, how much are capital inflows (KI)?
-$3 trillion (outflows)
$3 trillion (inflows)
-$2 trillion (outflows)
$2 trillion (inflows)
$4 trillion (inflows)
Malcolm got his first job. His wage in his first year was $12. 75 an hour. In year 2, it was raised to $13. 50 an hour. What was the percent increase in his hourly wage between year 1 and year 2? 0. 06% 0. 75% 5. 88% 7. 5%.
The percent increase in Malcolm's hourly wage between year 1 and year 2 is 7.5%.
What is percent?Percent (also written as "%") is a mathematical symbol used to represent a fraction of 100. It is commonly used to express a ratio as a fraction of 100. Percent can be used to describe a portion of a whole, a portion of a group, or a portion of change over time.
This is calculated by taking the difference in wages between year 1 and year 2 ($13.50 - $12.75) and dividing it by the wage in year 1 ($12.75). The formula is: (Wage in Year 2 - Wage in Year 1) / Wage in Year 1 = Percentage Increase. In Malcolm's case: (13.50 - 12.75) / 12.75 = 0.075 = 7.5%.
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What are the challenges for customer experience we need to solve for our customers in 2022 and for the next 3-5 years
Becoming unified around comprehending and meeting client expectations is one of the customer experience issues. Setting up a uniform consumer experience across all channels.
In 2022, what will customer experience be?Machine Learning and Artificial Intelligence (AI) are two of the most important DCX enablers (ML). Brands can forecast customer behavior and demands with the help of AI and ML, which also makes it feasible to tailor the customer experience (CX) at every touchpoint.
What three elements make up the consumer experience?The following three factors make up the client experience:
1. Finding. This section is all about how businesses communicate with customers and how they do it in a meaningful and relevant way.
2. Participation. This element focuses on how customers engage with the business and its offerings.
3. Delivery
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_____ seeks to convert an existing need into a want or to stimulate interest in a new product.A. Reminder promotionB. Connective promotionC. Persuasive promotionD. Informative promotion
Informative promotion seeks to convert an existing need into a want or to stimulate interest in a new product.
Every promotional activity's main goal is to spread knowledge about the firm, its brand, its products, and its product lines. At every step of the life cycle of a product, there is an informational advertising that is widespread and plays a crucial role in generating initial demand. This advertising tactic is used by marketers to get consumers to at least try a product once. The idea behind it is that a buyer will only buy a product if he has enough information to do so.
In order to increase sales and foster brand loyalty, businesses utilize promotions as a kind of communication to inform potential customers about their products, product lines, brands, and businesses.
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Mr. and Mrs. Jones are buying their first home. They have plans to live in the house for at least the next 20 years. What type of mortgage should Mr. and Mrs. Jones obtain
Fixed rate mortgage is best for those who are buying their first home and have plans to live in the house for at least the next 20 years
A house loan with a fixed monthly payment for the duration of the loan is referred to as a fixed-rate mortgage. This indicates that now the rate of interest on the mortgage remains the same throughout. For customers who wish to understand how much they will pay each month, fixed-rate mortgages are attractive options. For the course of the loan term, independently of fluctuations in the macroeconomic climate or the lender's reference rates, the interest rate on a fixed-rate mortgage loan remains constant.
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A personal loan loan is secured in nature. This means, you pledge a property and avail a loan towards it. This property is the collateral that is held by the lender until you repay the mortgage fully. Repayment is made through equated monthly EMIs.
How many sorts of mortgages are there?There are six unique mortgage kinds in India, such as simple mortgage, usufructuary mortgage, English mortgage, loan by conditional sale, loan by way of title deed deposit, and anomalous mortgages, which are further explained below.
Mortgages are similarly categorised as 1) Conventional mortgages 2) Jumbo mortgages 3) Government-insured mortgages 4) Fixed-rate mortgages 5) Adjustable-rate mortgages. Now, based on these, there are similarly mortgage type. Types of Mortgages in our country: Simple Mortgage.
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https://brainly.com/question/1318711#SPJ41. A professional who specializes in analyzing and designing business systems is called a(n) ____.
a. programmer
b. stakeholder
c. end user
d. systems analyst
A professional who specializes in analyzing and designing business systems is called a systems analyst.
A systems analyst is also known as the business technology analyst, is known as an information technology (IT) professional who tends to specialize in designing, analyzing, and also implementing the certain information systems. Thus, systems analysts may also serve as change agents who then identify the organizational improvements needed.
However, system analysis and design is considered to be a process which many companies use in order to evaluate the particular business situations and also develop certain ways in order to improve them through more optimal methods.
Hence, option D is correct.
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Economists assume that the goal of consumers is toA) do as little work as possible to survive. C) make themselves as well off as possible.B) expend all their income. D) consume as much as possible.
Economists assume that the goal of consumers is to make themselves as well off as possible so option C is correct.
Economists assume that the thing of consumers is to make themselves as well off as possible. This means that consumers are looking to maximize their mileage, or get the most out of their coffers. Consumers use their income to buy goods and services that will give them the loftiest position of satisfaction or mileage. This could include buying the most affordable, high- quality particulars, or spending plutocrat on gests that will give long- term benefits. Consumers may also look for ways to minimize their work, as this can increase their mileage by freeing up time for rest conditioning or other hobbies.
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What is a municipal or county government that provides a wide range of public services ?
Municipal or county governments that offer a broad range of public services are referred to as general-purpose governments.
What is a municipality?A municipality is often one administrative division with corporate status and the authority to govern itself as provided by local, state, and federal laws to which it is subject. The governing body of a particular municipality is another meaning of the word "municipality." As opposed to a district, a municipality is an administrative unit with a general function.
What Are Public Services?Government agencies on the local, state, and federal levels offer their inhabitants a variety of services. These initiatives are referred to as public services since they are free to the general public and are funded by taxes. You can better grasp what careers are available in public service by learning more about the different services that the government offers.
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Consider the following work breakdown structure: Create a PERT Chart What is the Critical Path?
Critical Path: The critical path is the longest task sequence of a project. PERT charts are used to determine the critical path of a project to estimate its duration
What is the Critical Path?
WBS resolves the project into actionable steps and manageable sections. Start with the earliest task, and determine which following activities cannot be completed until this task is finished. The longest, more time-consuming task is the next step in the critical pathCritical Path Analysis formally identifies tasks which must be completed on time for the whole project to be completed on time. It also identifies which tasks can be delayed if resources need to be reallocated to catch up on missed or overrunning tasks.Calculating Critical Path is a simple 4-step process.Step 1: Find Activities. Activities for this project are as below (output from Define Activities process) – ...Step 2: Build Schedule Network Diagram. ...Step 3: Find all Possible Paths. ...Step 4: Calculate Duration for Each Path.To learn more about PERT chart refers to:
https://brainly.com/question/30204296 #SPJ4Did You Know That The Movie Theaters Are Working On Making A Second Mortal Kombat Movie? It's Gonna Be Great, The Title Of The Movie Is ''Mortal Kombat 2''
—Mortal Kombat: Annihilation was released on November 21, 1997.
—Every generation, a portal opens up between the Outerworld and Earth. Emperor Shao-Kahn (Brian Thompson), ruler of the mythical Outerworld, pounces the moment the portal reopens and slips through with his mighty warriors, intent on total domination and uniting the two worlds. However, he has only seven days to complete his task. In the meantime, opposition grows and warriors Sonya Blade (Sandra Hess), Jax (Lynn "Red" Williams), Kitana (Talisa Soto) and Liu Kang (Robin Shou) get ready for war.
On march 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following information is available:beginning inventory, january 1: $4,000 net sales: $80,000 net purchases: $78,000 the company's gross margin ratio is 25%. Using the gross profit method, the estimated ending inventory value would be:.
$78,000 Gross margin percentage for the business is 25%. The expected ending inventory value calculated gross profit technique is therefore ending stock = 78,000 + 4,000 - 56,000 = $26,000.
What is the equivalent of estimated?Estimate has a number of popular synonyms, including appraise, assess, evaluate, evaluate, and value. Although all of these phrases refer to "to appraise anything with reference to its significance or significance," the word "estimate" suggests a judgment, whether deliberate or impulsive, that comes before or replaces real measuring, counting, or testing.
Beginning inventory, january 1: $4,000
net sales: $80,000
net purchases: $78,000
If the company's gross margin ratio is 25%. using the gross profit method, the estimated ending inventory value would be derived from the formula -1. Beginning inventory + Purchases - ending inventory = Cost of Goods Sold.
and
2. Sales - Cost of Goods Sold = Gross profit.
Therefore beginning from 2. If the gross profit is 25%, then the Cost of Sales is 75% of Sales value which is 0.7 x $80,000 = $56,000
Therefore going to formula 1 above, and using 56,000 as the value of Cost of goods sold:
Beginning inventory + Purchases - Ending inventory = Cost of Goods Sold. which implies that 4,000+78,000 - ending inventory = $56,000
Therefore ending inventory = 78,000 + 4000 - 56,000 = $26,000
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A "decrease in demand" means that
A the demand curve has shifted to the left.
B price has declined and consumers want to purchase more of the good.
C the demand curve has shifted to the right.
D the price of the good can be expected to decline, assuming supply stays constant.
A "decrease in demand" means that the demand curve has shifted to the left.
Decrease in demand is the term used to describe when the quantity of a commodity is required declines due to changes in other factors (other than the product's own price).
In economics, a demand curve is a graphical representation of the connection between a product's price and the amount that is wanted. The graph is built with amount asked for on the horizontal axis and price on the vertical axis. Because price and quantity demanded are inversely connected, the demand curve is typically depicted as a downward sloping downhill from left to right (i.e., the lesser the price of a product, the more the demand in number of sales). This relationship depends on a few ceteris paribus (other things being equal) criteria holding true.
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What is the safest retirement investment?
Insured Investment Vehicles is the safest retirement investment. A tried-and-true method of making your money work for you while you strive to earn more of it is investing.
A tried-and-true method of making your money work for you while you strive to earn more of it is investing. Warren Buffett, a renowned investor, characterized investing as "forgoing consumption now to have the ability to consume more later on."
You can be able to raise your money several times over with time if you constantly invest your money. Because of this, it's crucial to start investing as soon as you have any money set aside for the purpose. Furthermore, a fantastic place to start is the stock market.
You can begin whether you have $1,000 saved up or can simply afford an extra $25 per week. Remember that there is a lot you can and should learn about stock investing if you want to succeed financially. For the time being, read on for the procedure's first phases.
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Your retirement funds are best off being invested in low-risk securities and growth-guaranteed savings products. Fixed annuities, savings accounts, certificates of deposit (CDs), treasury securities, and money market accounts are examples of low-risk investments and savings options.
What is the most reliable source of retirement income?For many retirees today, Social Security benefits represent their main source of lifetime income. Although you can begin receiving Social Security benefits as early as age 62 or postpone them until age 70, the monthly payment amount you get is dependent on your retirement age.
What is a good monthly retirement income?A good retirement income is roughly 80% of your pre-retirement income before you stop working. If your pre-retirement income is $5,000, you should aim for a retirement income of $4,000.
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What are the steps in planning business finance?
Financial planning is the most common way of recording an individual's or alternately business' ongoing monetary circumstance and recognizing monetary objectives and how the individual or business will accomplish them. A monetary arrangement itself is a report that fills in as a guide for an individual's or alternately business' monetary development.
The moves toward arranging business finance are:
1) Distinguish What is happening.
2) Decide on Monetary Objectives.
3) Recognize Choices for Speculation.
4) Assess Choices.
5) Set up a Monetary Arrangement and Carry out.
6) Audit, Reexamine, and Screen The Arrangement.
While putting forth objectives is a vital piece of the monetary arranging process, carrying out your arrangement and attempting to meet those objectives might be the main step.
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Process of business Planning. Determine your financial goals after identifying your financial situation. Identify Investment Alternatives. Consider Your Options. Create and carry out a financial plan. Review, reassess, and keep an eye on the plan.
During business cycles, economic activity experiences periods of expansion and then decline. These advancements have an impact on both the overall well-being of society and the welfare of private businesses. To ascertain how business cycles have evolved over time, changes in a broad economic indicator, such as Real Gross Domestic Product, are typically investigated. Widespread upswings and downswings in a number of macroeconomic indices are typical examples of business cycle fluctuations. The length and intensity of each expansion/recession episode varies over time. Their periodicity typically spans between two and ten years. As in, such flexible knowledge about the frequency of business cycles may actually be included in their mathematical analysis, which uses a Bayesian statistical paradigm.
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Which aspect of whole-product thinking captures a Customer's price sensitivity?
a. Generic product
b. Potential product
c. Augmented product
d. Expected product
The correct answer is C. Augmented product aspect of whole-product thinking captures a Customer's price sensitivity.
A product is better via the addition of related offerings and blessings, eg. installation, guarantee, upkeep and repair offerings, and so on. There are numerous sorts of product augmentation, but the general objective is to offer customers a greater fee for their fee. corporations use product augmentation to enhance the purchaser experience and to make sure their satisfaction.
Telecom operators often provide unfastened SMS and loose records alongside voice calling plans to their customers. This is a superb example of an augmented product. The purchaser best will pay for the voice calls (the real product), even as getting data and SMS totally free. Augmented truth makes it possible to reduce layout, production, and renovation charges.
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What is a scheduling technique used to achieve an optimum, one-to-one matching of tasks and resources? A. the assignment method B. the reservation method C. the appointment method ооо D. the CDS algorithm O E. Johnson's rule
The answer is D. the CDS algorithm. The CDS algorithm (Constrained-Deadline Scheduling) is a scheduling technique used to achieve an optimum, one-to-one matching of tasks and resources.
This scheduling method optimizes resource utilization by minimizing the wait time of tasks while also attempting to meet task deadlines. It begins by assigning a weight to each task based on its expected wait time and then attempting to match them up with the best available resource. The CDS algorithm is useful for situations where the resources must be assigned efficiently and the tasks should be completed in the shortest amount of time possible.
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This term describes a set of skills necessary to perform a specific job or a group of similar jobs.
A) skill range
B) skill grade
C) skill block
D) skill structure
Skill block describes a set of skills necessary to perform a specific job or a group of similar jobs.
A relationship between two parties that governs the delivery of compensated labor services is called an employment. In most cases, based on a contract, the employer, which might be a company, a non-profit, a cooperative, or any other entity, pays the employee in exchange for doing the job that has been allocated to them.
Workers are compensated for their labour through wages, which can be paid on an hourly, piecework, or yearly basis basis based on the sort of work performed, the industry conditions in effect, and the negotiating strength of the parties.
Hence the correct option is C
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Did the Soviet Union have no unemployment?
Officially, there has not been unemployment in the Soviet Union since 1930. However, it is becoming increasingly difficult for the Russians to ignore the rising number of unemployed people.
Was there a lot of unemployment in the Soviet Union?State investment control, a reliance on natural resources, a lack of consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, low unemployment, and high job security were all features of the Soviet economy.
Was there full employment in the USSR?Over the course of more than half a century, the Soviet Union's various leaderships kept their word on the promise of full employment. However, job security existed even before the nation collapsed at the end of 1991; The stark reality of unemployment had emerged.
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all other things the same, an increase in total fixed expenses will increase the break-even point. T/F
The statement ''all other things the same, an increase in total fixed expenses will increase the break-even point is false. An increase in fixed expenses will increase the total amount of sales needed to break even.
This is because fixed expenses do not vary with sales volume and thus must be recovered through sales revenue before profits can be realized. In other words, as fixed expenses increase, the break-even point will also increase, since a greater amount of sales revenue will be needed to cover the fixed expenses.
For example, if fixed expenses increase by 10%, then the break-even point will also increase by 10%, since additional sales revenue would be needed to cover the additional fixed expenses.
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46. Computer-integrated manufacturing (CIM) includes manufacturing systems that have: a. computer-aided design, a flexible manufacturing system, inventory control, warehousing and shipping integrated. b. transaction processing, management information systems, and decision support systems integrated. c. automated guided vehicles, robots, and process control integrated. d. robots, automated guided vehicles, and transfer equipment integrated. e. all of their computers integrated with the marketing department. 47. The advantage of additive manufacturing includes supporting: a. innovative product design. b. minimal custom tooling. c. low inventory. d. speed to market. e. All of these
A) A manufacturing system that incorporates computer-aided design, a flexible manufacturing system, inventory control, warehousing, and shipping is known as computer-integrated manufacturing (CIM).
What exactly is CIM (computer-integrated manufacturing)?
The term "computer-integrated manufacturing" (CIM) describes the process of producing goods using automation and machine tools that are controlled by computers. Computer-aided manufacturing (CAM) and computer-aided design (CAD) are two technologies that are used in CIM to create a production process that is error-free and automates repetitive operations while reducing manual labor.
Through the use of real-time sensors, closed-loop control systems, and increased manufacturing speed, the CIM approach automates the manufacturing process. It is extensively employed in the transportation, aerospace, and shipbuilding sectors.
An entirely automated manufacturing facility is provided by the CIM manufacturing approach. Computers manage every aspect of the operations and share a common distribution and storage system.
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