Regulations maintain fair prices and stop companies from forming monopolies. Which clarifies the need for government control in a mixed-market system. Government regulation safeguards personal freedoms, public security, and business owners.
Government rules play a big role in creating a safe, just economy for consumers and small businesses alike, shielding them from being drained by strong firms and unjust business practices. restrictions on spending and taxation taken by the government with the intention of controlling the economy. monetary policy attempts to control the economy, which in turn impacts interest rates. Government restrictions are necessary to maintain both public safety and market fairness. For instance, laws governing food safety protect consumers from pathogens that could cause widespread illness. Economic regulation refers to laws that limit who can enter a business (entry controls) and the prices they can charge. Regulations are necessary for the smooth operation of economies and society. They assure the delivery of public goods and services and support markets while defending citizens' rights and safety.
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Government regulations play a crucial role in ensuring a secure, equitable economy for consumers and small businesses alike, shielding them from being drained by powerful corporations and unfair business practises.
The goal of governmental regulation of a corporation is to safeguard the general populace from financial risk or physical threats provided by organisations. From capitalism, where there is no government regulation of economic activity, to communist, where the government controls every aspect of the production and distribution of products, economic structures can be categorised along a continuum.
The world's economic systems now actually lie in the middle of these two extremes. The majority of businesses in the United States are owned by private individuals or investors, but the government regulations those businesses to strike a balance between pro-social interests like minimum wages, workplace safety, and environmental protection and efficient production methods.
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How long do general ledgers need to be maintained?
A general ledger needs to be maintained for a minimum of five years. However, depending on the type of business, the general ledger may need to be maintained for a longer period of time.
The purpose of a general ledger is to track all financial transactions within a business. This information is important for ensuring that money is being used appropriately and that all financial transactions are properly documented.
Maintaining a general ledger for a minimum of five years is necessary for most businesses. However, if the business is involved in complex financial transactions or has a large number of transactions per day, a general ledger may need to be maintained for a longer period of time.
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A customer owns 10M of 7% U.S. Treasury bonds. He is in the 28% federal tax bracket and the 10% state tax bracket. What is his annual tax liability on these bonds
A customer owns 10M of 7% U.S. Treasury bonds. He is in the 28% federal tax bracket and the 10% state tax bracket. His annual tax liability on these bonds $196.
Tax compliance refers to the policies and actions of individuals aimed at ensuring that taxpayers pay the right amount of tax at the right time and receive appropriate tax credits and relief.
A tax is a compulsory fiscal burden or other type of levy imposed on taxpayers by government agencies to fund government expenditures and various public expenditures. The first recorded taxes were enacted in ancient Egypt around 3000-2800 BC. Most countries have tax systems to fund public, common social, or agreed-upon national demands and government tasks.
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A client owns $10 million worth of 7% US Treasury bonds. He pays federal taxes at a rate of 28% and state taxes at a rate of 10%. He owes $196 in taxes every year on these bonds.
Tax compliance refers to the rules and behaviours of people who make it a priority for taxpayers to pay the correct amount of tax at the correct time and to be eligible for the proper tax credits and relief.
A tax is a mandatory financial burden or other sort of levy that is placed on taxpayers by government organisations to pay for certain public expenditures and other government expenses. In the period between 3000 and 2800 BC, ancient Egypt instituted the first known taxes. Most nations have taxation systems to pay for public, universally shared social, or generally accepted national demands and government duties.
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______________________ is the attempt by a person or organization to benefit from media coverage.A) Public relations
B) Marketing
C) Publicity
D) Advertising
The correct option is C) Publicity. Publicity is the attempt by a person or organization to benefit from media coverage, such as through press releases, interviews, and events. It is different from advertising, as it does not require any payment for the coverage.
Publicity is the dissemination of information from the media to the broader population. People (such politicians and performers), products and services, companies, organisations, and pieces of art or entertainment are all examples of subjects for publicity.
Publicity through public relations strengthens your company's credibility because the information is more accurate and informative.
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Which of the following is not one of the six strategic business objectives of information systems? A) New products and services. B) Improved decision making
New products and services are not among the six strategic business objectives of information systems. These are to provide competitive advantage, new products and services, better decision making, better customer service, cost reduction, and greater operational efficiency.
Information systems are complex and often expensive systems used by businesses to store, manage and analyze data. They are used to support various business activities such as decision making, customer service, marketing, operations and finance. They can also help reduce costs by automating processes and eliminating manual work. However, new products and services are not one of the six strategic business objectives of information systems.
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A method that is associated with an individual object is called ________.
1. a static method
2. a class method
3. an instance method
4. an object method
A method that is associated with an individual object is called an instance method. Thus the correct option is 3.
What is the method?A method refers to any procedure that is followed in order to gain the final outcome or result of anything. It is also understood as step by step explanation to achieve something.
Instance methods are procedures that are linked to specific objects. It is a piece of code that is executed when a specific instance of the class known as the receiver of the object is requested.
Therefore, option 3 an instance method is appropriate.
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the cost of not taking the discount on trade credit of 2/10, net 30 is approximately ______.
The cost of not taking the discount on trade credit of 2/10, net 30 is approximately 36.73%.
The transfer of goods and services from one person or organization to another involves trade, sometimes in exchange for money. A system or network that allows commerce is what economists call a market. Barter is a primitive type of trade in which goods and services are exchanged directly for other goods and services.
Most business transactions today are done by means of exchange, such as money. Therefore, selling or making money can be distinguished from buying. The creation of money facilitates trade and makes it easier. Bilateral trade is trade between two merchants, while multilateral trade is trade involving more than two merchants.
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What are the importance of import and export products to the economy of nation?
The GDP, exchange rate, inflation rate, and interest rate of a nation are all affected by import and export activity. A country's exchange rate may decline as a result of an expanding trade deficit and an increasing level of imports.
What effect does the exchange rate have on GDP?Exports will become more expensive and imports less expensive in the goods market if the domestic currency's exchange rate experiences a positive shock—an unexpected appreciation. As a result, domestic product demand will fall, resulting in lower output and prices domestically as a result of competition from overseas markets.
What effects do interest rates and inflation have on exchange rates?The value of a country's currency tends to decrease when inflation is higher. This is due to the currency's diminished purchasing power in comparison to other currencies as a result of rising inflation. Most of the time, rising inflation has a negative effect on currency conversion rates.
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What are the 5 internal factors?
The five internal variables include the value system, the mission, the goals, the organizational structure, the corporate culture, the way top management functions, and the caliber of the human resources.
What precisely are internal factors?Because internal causes come from within you, you have control over them. Your thoughts and feelings have an impact on internal factors. These might be helpful or detrimental. It will be simpler to make decisions if you think positively rather than negatively.
Sociological, technological, environmental, political, economic, and legal aspects are a few examples of external influences. Examples of internal effects include values, management approaches, human resources, technological and physical resources, and organizational structure. Internal issues, as opposed to external ones like poverty or cultural marginalization, are those that the school can influence.
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What are the factors that determine the formality level of tone in emails and interview?
Depending on your connection with the receiver, you can pick from a variety of tones while writing your email.
The sender and recipient are who?On this specific occurrence, the sender is the author of the message, and the recipients are their intended audience (in synchronous interpersonal communication these roles are usually switchable and in they frequently alter during casual, ordinary conversations between equals.
The receiver address is who?The sender of the letter is identified by the receiver. For instance, all emails that you receive are addressed to you. The email address you specify in the To section when sending an email serves as the recipient.
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What strategies can be used to improve customer service in the retail environment?
Ways to keep customer satisfied are understanding needs, train empathy, encourage honest customer feedback, set individual and team goals, streamline manual processes, etc.
How to keep customers satisfied?Customers should always come first since they are the lifeblood of any firm.
Research suggests that 77% of customers are inclined to refer a business to a friend if they have a favourable experience, which can help you establish reputation and attract additional business.
It is for this reason that you should concentrate on providing amazing products and first-rate service to keep your clients happy.
In fact, a Walker study found that by 2020, consumers would place a higher value on experiences than on costs and items, with 86% of consumers willing to spend more for a superior customer experience.
Giving the greatest possible customer service is therefore a must if you want to win over your clients.
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the scope of practice for board licensees is limited to beautification, ________, and non-invasive services only.
The only services that board licensees may perform are non-invasive, relaxing, and beautifying services.
Do cosmetology scopes exist?It is a rewarding professional choice, with salaries rising with reputation and experience. Trained cosmetologists can find lucrative employment at upscale salons, beauty salons, and opulent hotels and resorts.
What makes licensing crucial?The value of licensing. By enforcing norms that limit practice to competent people who have met particular requirements in terms of education, job experience, and tests, professional licensure protects the public. In general, licensing is granting permission for one firm to use another company's patents, trademarks, copyrights, designs, and other intellectual property in exchange for a cut of sales or a fee. It's a quick approach to make money and expand a company.
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Where can an economy not produce?
O inside its production possibilities frontier
O on its production possibilities frontier.
O outside its production possibilities frontier.
O at the endpoints of its production possibilities frontier.
An economy cannot produce outside its production possibilities frontier. Hence, option C is correct.
What is production possibilities frontier?A production possibilities frontier (PPF) refers to the function, which show shows the combination of two goods which a country or a firm can produce, given the availability of factors of production. The PPF works on the concept of scarcity, choice, and trade-offs.
The PPF depicts two important economic concepts which are efficiency and opportunity cost. The opportunity cost is an economic term, for expressing cost, in terms of foregone alternative. When moving along the PPF line, if a combination is chosen so that a extra unit of good x is produced, some units of good y need to be given up (due to the fixed amount of inputs available). Those given up units would constitute the opportunity cost.
The production possibility frontier depicts the maximum possible output that is a combination of two or more goods and services of the economy and are achieved when all resources are fully and efficiently used. Such as the availability of the technology and resources.
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In which situation would a certificate of deposit CD be the best banking?
A Certificate of Deposit (CD) is an ideal banking option for those looking for a guaranteed return on their investment.
With a CD, you deposit a set amount of money into an account with a financial institution and earn a fixed rate of interest. The money is locked in for a predetermined length of time, which is known as the term in banking.
Once the term is up, you can withdraw your initial deposit plus the interest earned, or choose to reinvest the money into a new CD. CDs are generally a safe and secure way to save money over time, as they are FDIC-insured against any losses.
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What do you call if the supply and demand curves intersect and the quantity of supplied are equal Brainly?
Supply and demand curves intersecting: The equilibrium price is the only one at which the amount demanded and the quantity supplied are equal.
A demand curve is a graph that shows the relationship between a commodity's price (on the y-axis) and how much of that commodity is demanded at that price (the x-axis). Demand curves can be used to examine the relationship between price and quantity for either one consumer (a single demand curve) or for all consumers in a given market (a market demand curve). Demand curves are frequently believed to slope downward, as shown in the figure to the right. This is because of the rule of demand, which holds that when prices rise, fewer items are needed overall. This rule does not apply in some peculiar circumstances. Veblen goods, Giffen goods, and speculative bubbles—in which consumers are drawn to an item if its price rises—come under this category. In order to determine the equilibrium price (also known as market clearing price), the equilibrium quantity (the amount of that good or service that will be produced and purchased without surplus/excess supply or shortage/excess demand), and the behaviour of that market, demand curves and supply curves are frequently combined. Demand curves are used to forecast behaviour in marketplaces that are highly competitive.
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The equilibrium price and quantity are located at the point where the supply and demand curves intersect. A state of equilibrium is obtained when the quantity required and supplied is equal.
What exactly is market equilibrium?The equilibrium price, which is obtained when the quantity of a good that consumers want to buy (quantity requested) and the quantity of a good that producers want to sell (quantity provided) are equal, is the only price at which consumer and producer plans are in sync.
This common quantity is referred to as the "equilibrium quantity". At any other price, the quantity sought does not equal the quantity supplied, hence the market is not in equilibrium. Harmony is a synonym for equilibrium. A market has no motivation to deviate from its equilibrium price and quantity.
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How do payroll taxes impact the cost of employees to the employer?
A payroll tax drives a wedge between workers' after-tax wages and the equilibrium wage rate with no taxes.
How do payroll taxes affect how much it costs the employer to hire workers?It is common knowledge that payroll taxes result in a difference between the equilibrium wage rate (i.e., the wage rate that employees would get in the absence of taxes) and the actual wage rate. This wedge, which is also known as the "pass-through impact," is the payroll tax that the employee ultimately pays by accepting a lower compensation.
What effect of a payroll tax is significant?Payroll taxes are a common way for governments to pay for programs like Social Security, healthcare, and workers' compensation. For the purpose of preserving and enhancing community facilities and services, such as emergency response teams, road upkeep, and parks, local governments may levy a modest payroll tax.
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"Allocates expenses to revenues in the proper period."- Identify by number the accounting assumption, principle, or constraint that describes the situation above. Do not use a number more than once.1. Economic entity assumption.2. Going concern assumption.3. Monetary unit assumption4. Periodicity assumption.5. Measurement principle (historical cost)6. Measurement principle (fair value)7. Expense recognition principle.8. Full disclosure principle.9. Cost constraint.10. Revenue recognition principle
The correct option is 7. "Allocates expenses to revenues in the proper period." Expense recognition principle.
A price is an object requiring an outflow of cash, or any shape of fortune in trendy, to every other individual or institution as a charge for an object, carrier, or other class of charges. For a tenant, the lease is a rate. for students or mothers and fathers, tuition is a rate. shopping for meals, clothing, furniture, or an automobile is frequently called a rate. A rate is a cost this is "paid" or "remitted", usually in change for something of value. the thing that seems to price a brilliant deal is "high-priced". the thing that seems to value little is "cheaper". "charges for the table" are prices for eating, refreshments, a dinner party, and many others.
In accounting, the rate is any unique outflow of cash or other valuable property from someone or a business enterprise to some other man or woman business enterprise. This outflow is usually one facet of a change for products or services which have identical or higher modern-day or destiny prices to the customer than to the seller. Technically, an price is an event in which a proprietary stake is faded or exhausted, or a legal responsibility is incurred.
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when tax revenue ________ outlays is positive, then the government has a budget ________.A) divided by; surplusB) minus; deficitC) plus; surplusD) plus; deficitE) minus; surplus
when tax revenue minus; outlays is positive, then the government has a budget deficit.
People, governmental organizations, corporations, trade, royalties from the exploitation of natural resources, and/or international aid are some examples of the tax revenue sources of income. The efficiency of tax collection is lower in countries with significant amounts of foreign aid, a large agricultural economy, and extreme poverty. Furthermore, just as there are many sorts of taxes and different ways that tax money is collected, the organization that is in charge of collecting the tax may not be a part of the central government but rather a third party.
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the era when companies believed that a good quality product would simply sell itself ran ________.
The era when companies believed that a good quality product would simply sell itself ran from the Industrial Revolution until the 1920s.
The transition to new industrial processes that occurred in United Kingdom, mainland Europe, and the Americas between around 1760 and 1820–1840 is known as the Industrial Revolution. This shift encompassed the switch from manual to mechanical production methods, the invention of new ways for producing chemicals and iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system.
Production significantly rose, which led to an exceptional rise in population and population growth rate. In terms of employment, production value, and capital invested, the textile sector dominated the Industrial Revolution. The adoption of contemporary manufacturing techniques was also pioneered by the textile sector.
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Which of the following is an external factor governing the prices?
A.The elasticity of supply and demand and the goodwill of the company
B.The cost policy
C.The Management policy
D.All the above
'All the above' are external factors governing the prices.
What do you mean by governing?
Governing refers to the process of making laws, regulations, and policy decisions that apply to a group of people or an organization. It is the process of exercising authority and control over a state or organization, usually involving the establishment and enforcement of laws, regulations, and policies.
All of the given factors can affect the prices of goods and services. Supply and demand, cost policy, and management policy all play a role in determining prices.
What do you mean by policy?
A policy is a set of rules, regulations, or guidelines that an organization, business, or government uses to guide decisions and actions. It serves as a tool for providing direction and guidance to those who must carry out the policy. A policy generally outlines expected behavior, actions, and procedures that must be taken in order to achieve the desired outcome. Policies are designed to help organizations and individuals make decisions that are consistent, compliant, and in accordance with the values and objectives of the organization.
Hence, Option D is correct.
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Economics assumes people and firms:A.are rationalare rational ,respond to incentives, and make decisions by comparing marginal benefits with marginal costs.B.use all available information to achieve their goals, respond to incentives, and make decisions by continuing any activity up to the point where the marginal benefit equals zero.C.use all available information to achieve their goalsuse all available information to achieve their goals ,respond to incentives, and make decisions by comparing total benefits with total costs.D.are rational, respond to incentives, and make all-or-nothing decisions.E.always make the best decisionsalways make the best decisions ,respond to incentives, and make decisions by comparing marginal benefits with marginal costs.
Economist assumes people and firms use all available information to achieve their goals, respond to the incentives, and make decisions by continuing any activity up to the point where all the marginal benefit equals zero so option B is correct.
Keynesian economics is a macroeconomic proposition developed by British economist John Maynard Keynes in the 1930s. It's grounded on the idea that government intervention can help to stabilize the frugality, and that government spending and taxation can be used to stimulate demand and product. Keynesian economics states that aggregate demand is the primary driving force in an frugality, and that changes in aggregate demand will have a direct and commensurable impact on affair and employment. The proposition suggests that governments can use financial policy tools similar as taxation and public spending to increase
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Amounts are posted from the ________ to the ________?
a. General ledger, journal
b. Journal, general ledger
c. bank statement, general ledger
d. trial balance, journal
Amounts are posted from the _General ledger to the __ journal.
To completely know how such a system of accounting records operates, one must first understand the many functions associated with these two essential components, general ledgers and general journals.The journal is a collection of unprocessed accounting entries that track business events and are arranged by date in amounts chronological order.The general ledger tracks the following five accounting categories: assets, liabilities, owner's capital, revenue, and spending.Software developments have simplified and streamlined the accounting process.
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What are some advantages and disadvantages of using data visualization?
Some of the advantages of data visualization are: easier to understand, easy to share, give major insights. Some of the disadvantages of data visualization are: it gives you estimation not accuracy, it might be biased and skip some important information.
Here are some advantages and disadvantages of data visualization:
Advantages:
- Easier to understand
- Easy to share the information
- Give major insights
- helpful as analysis tool
- Easy to compare with other data set
With data visualization, that is by presenting the data set in visual context such as maps, graphics, histogram, etc., we can quickly absorb the information, see the pattern, compare it with other data sets, and analyze the data. For example, a company can see that the trend of the sales of their product A was increasing in the first 4 months but then declining.
Disadvantages:
- It gives you estimation, not accuracy
- Biased
- Some important part of data might not be presented properly
In order to visualize the data, first you need to process them, so it is not a raw data. We might lose some details because we have to choose which parameters we want to present them. There are also biased, when you choose a variable or a parameter to be presented, it is based on your analysis. Maybe other parameters are more important, but the audience cannot see it because they are not presented.
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What are the three stages of goal-setting?
The three stages of goal-setting are knowing what you want, asking why you want it, and planning SMART.
In order to manage to fulfill your goals, you need to follow these three steps of goal setting process:
Knowing what you want: The very first stage is to find out what you to achieve in life.Asking why you want it: After figuring out what you want, you need to identify and ask yourself why you want it to achieve.Planning SMART: This is the third and last step where you plan how to achieve the goal you have set. Your gola should be SMART i.e. "Specific, Measurable, Achievable, Relevant, and Time-Bound".You can learn more about goal-setting at
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If you do not declare an access specification, the default for members of a class is ________.(a) inline(b) private(c) public(d) global(e) None of these
If you do not declare an access specification, the default for members or components of a class is option (b) private.
Access specialists specify how to retrieve a class's components (characteristics and procedures). The variables in the prescriptive are public, which enables access and modification from beyond the program.
The access modification with the least level of accessibility is "private." Privately stated functions and attributes cannot be accessed from outside of the module. Only the module that includes these private organizations as components has access to them. Components cannot be accessible (or observed) from beyond the module when it is in private accessibility.
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How effective is it to request to push back the deadline for your project?
It can be very effective to request to push back the deadline for your project if it is for a valid reason, such as unexpected illness or an unanticipated delay in receiving necessary materials.
In these cases, it is usually in everyone's best interest to adjust the deadline to allow for unforeseen circumstances.
However, if the request to push back the deadline is based on a lack of adequate planning or progress, then it may not be effective as the project manager may be unwilling to adjust the timeline.
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Initial monitoring efforts when determining the size of your hazard control zones should concentrate on determining the _________ concentration level.
Initial monitoring efforts when determining the size of your hazard control zones should concentrate on determining the immediately dangerous to life or health concentration level.
According to the US National Institute for Occupational Safety and Health (NIOSH), exposure to airborne contaminants that is likely to result in death, immediate or delayed permanent adverse health effects, or prevent escape from such an environment is considered to be immediately dangerous to life or health (IDLH).
The choice of breathing apparatus made accessible to employees or firemen in particular circumstances is frequently guided by IDLH values. Immediately dangerous to life or health (IDLH) values are designed to make sure the worker can leave a certain hazard area in the event that the respiratory protection equipment fails and to denote a maximum level above which only extremely dependable breathing apparatus, giving maximum worker protection, is authorized.
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At the functional level, the organizations strategic direction becomes,
A) much more manageable since its offerings have been finalized.
b) the most specific and most focused in terms of implementing the company goals
c)broader since for less complex firms, the corporate and functional levels may merge
d)more general to avoid the " not invented here syndrome" that could result in missed opportunities
e) the sole responsibility of the CEO
The correct option is B. At the functional level, the organization's strategic direction becomes, the most specific and most focused in terms of implementing the company goals.
Practical levels determine the to be had lively listing area services (advert DS) area or woodland abilities. In addition, they decide which home windows Server operating structures you could run on domain controllers within the domain or woodland.
The position of a practical level approach could be very vital for the lifestyles of an employer. The useful approach presents help to the basic business approach and secondly, it spells out how functional managers will continue to obtain the set goals and objectives.
Functional method examples encompass an enterprise's advertising strategy, economic strategy, production method, or R&D method. Each of these separate strategies will require extraordinary tactical choices to satisfy the broader company-level approach.
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The ________ is the firm's desired optimal mix of debt and equity financing. A) book value B) market value C) cost of capital D) target capital structure
Option D. Target capital structure, The goal capital structure is the ideal level of capital for a corporation. The target capital structure of a company will generally be unknown to an external analyst.
In other words, target capital structure refers to the ratio of debt to common equity that is intended to maximise a company's stock price. A corporation will concentrate on preserving this target or ideal capital structure when it raises further funding. assuming that a company's target capital structure and present capital structure are equal at current market value weights for each capital component To determine the target capital structure, look for patterns in a firm's capital structure or statements made by its management regarding its capital structure policy. The target capital structure is then determined by averaging similar company capital structures.
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Which of the following is LEGAL in the USA?
A. Restraint of trade
B. Collusion
C. Monopoly
D.Price fixing
The correct answer is option c. Monopoly is legal in USA. While restraint of trade, collusion and price fixing is illegal.
A monopoly is a type of market structure where a single seller or producer assumes a dominant position in a particular industry or a particular sector. Monopolies are usually discouraged in free-market economies because these monopolies stifle competition and also limit substitutes for consumers.
Monopolies can also dictate price change and it can create barriers for competitors who want to enter the marketplace. Thus, it is characterised as lack of competition. Monopolies often leads to unfair consumer practices which not at all encouraged.
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What is one reason you may want to put money into a savings account instead of a checking account?
Although your money can grow in a savings account, other places may offer superior returns.
What is a savings account?A savings account is a checking account at a retail bank. A limit on withdrawals, a lack of check and debit card capabilities, a lack of transfer options, and a restriction on being overdrawn are common traits. Savings accounts are opened for a variety of purposes, including as a safe place to store money. Savings account interest is often paid as well, and almost all of them accrue compound interest over time. Many countries mandate deposit insurance for savings accounts, and some even provide government guarantees for at least part of the account value. Savings accounts can take many different forms and typically serve a specific purpose.
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