Tertiary production refers to the service sector of an economy. It includes industries such as retail, hospitality, healthcare, education, and finance. This sector provides services to consumers, rather than producing tangible goods. Tertiary production is also known as the services sector, or the service economy. It is considered a key driver of economic growth, as it creates jobs, generates revenue, and contributes to overall economic activity.
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If you have a friend who is hoping to buy a home in the next few years, what should your friend know about the process of finding and paying for a new home? What do they need to know to make the home-buying process smoother? How does their credit score affect this process? How would your friend determine what is affordable?
Things to consider
FinancingBudgeting.etcYour buddy should engage with a real estate agent to make the home-buying process easier.
Your acquaintance should examine their income, debt, long-term financial objectives, and the cost of homeownership in their desired region to decide what is affordable.
What is a credit score?Generally, When buying a home, there are several things your friend should consider:
Financing: Your friend should determine how much they can afford to spend on a home and what type of mortgage loan they qualify for. They should also research different types of loans and compare interest rates and fees from different lenders. They should also check their credit score and work on improving it if necessary.
Budgeting: Your friend should also create a budget that includes not only the cost of the home, but also closing costs, moving expenses, and ongoing costs of homeownership such as property taxes and insurance.
Searching: Your friend should research different neighborhoods and consider factors such as location, schools, and amenities. They should also tour homes and consider the condition and layout of each.
Making an offer: Once your friend finds a home they want to purchase, they should work with a real estate agent to make an offer that takes into account the home's condition, the local housing market, and the seller's motivation.
Closing: After the offer is accepted, your friend should work with a lender to complete the mortgage process and close on the home.
To make the home-buying process smoother, your friend should also consider working with a real estate agent, who can help them navigate the process and find homes that meet their needs and budget.
Additionally, a good credit score will help your friend qualify for better mortgage rates and terms.
To determine what is affordable, your friend should consider their income, debt, and long-term financial goals, as well as the cost of homeownership in the areas where they're looking to buy.
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If you want to buy a $245,000 house with a 15% down payment, how much will you be borrowing from the bank? If the interest you will pay is $210,000 total, how much total (interest and principal) will you pay on the borrowed money over the 30 years of your mortgage?
Answer:
Explanation:
year and any subsequent word will have to be ignored because we limit queries to 32 words.
For a home price of $250,000 the minimum down payment would be $8,750.
An increase in the expected real interest rate tends to raise desired saving, but lower desired investment. Explain how and why? Also give an example
Savings have increased as a result of the higher lending rates, and the quantity of loanable money available has climbed. The need to borrow money at various interest rates is reflected in the request for loanable funds.
What is an interest rate?An amount that a borrower must pay to a loan as interest during the course of a loan, is stated as a percentage of the loan amount.
The nation's economic balances of fixed investments and savings impact the real interest rate. All other things being equal, if saving raises or asset growth declines, the real interest rate lowers; if saving grows or asset growth reduces, the real interest rate increases.
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1. What is the major objective of the article?
2. What are the theories discussed in the paper and how do they compare?
3. If the author argues supporting/ rejecting a theory, what are his reasons and
how valid are the reasons?
4. How are the conclusions of the articles aligned with the findings of the study?
5. What exactly does the work contribute and relate to the overall topic of your
course?
6. In your opinion, what were the strengths and weakness of the paper?
Answer:
to define more about noun
3. You have Birr 1,500 to invest today at 7% interest compounded annually. Find how much you will have accumulated in the account at the end of (1) 3 years, (2) 6 years, and (3) 9 years.
1-The amount accumulated at the end of 3 years is Birr 1,837.56
2-The amount accumulated at the end of 6 years is Birr 2,251.10
3-The amount accumulated at the end of 9 years is Birr 2,757.69
The formula to calculate compound interest is
A=P(1+r/n)∧nt
Where, A= final amount
P= initial Principal
r= rate of interest
t= time period
n= number of times interest applied(annually, quarterly etc)
1- P=1500 r=7% t=3 n=1
Amount=1500(1+0.07/1)∧3
=1837.56
2- P=1500 r=7% t=6 years n=1
Amount = 1500(1+0.07/1)∧6
=2251.10
3- P=1500 rate=7% time t=9 years n=1
Amount= 1500(1+0.07/1)∧9
=2757.69
Therefore Amount at the end of 3 years is 1837.56
6 years is 2251.10 and at the end of 9 years is 2757.69
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Assume Jim’s behavior toward Glenn resembles his behavior toward Gloria. Does Glenn potentially have a sexual harassment claim against PaperKlip Office Supplies?
Glenn potentially have a sexual harassment claim against PaperKlip Office Supplies as C. Yes, because a male employee can be guilty of sexually harassing another male employee.
How to illustrate the information?In this situation, Glenn Lamar, Managing Director of PaperKlip Office Supplies, is conducting a grievance meeting with Gloria Westfield, a senior executive who has reported feeling physically threatened by a male subordinate.
It should be noted that a male employee can be guilty of sexually harassing another male employee. Therefore, the correct option is C.
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Glenn Lamar, Managing Director of PaperKlip Office Supplies, is conducting a grievance meeting with Gloria Westfield, a senior executive who has reported feeling physically threatened by a male subordinate. During the meeting, the male subordinate, John DiMaggio, knocks on the door and requests permission to participate having learned the meeting was about him.
Assume Jim’s behavior toward Glenn resembles his behavior toward Gloria. Does Glenn potentially have a sexual harassment claim against PaperKlip Office Supplies?
Multiple Choice
No, a male employee cannot be guilty of sexually harassing another male employee.
No, because Glenn is not Jim’s subordinate.
Yes, because a male employee can be guilty of sexually harassing another male employee.
No, because Glenn respects Jim as a worker.
Yes, because Glenn is Jim’s superior
How to do a conclusion for The Hedge Fund Battle over Herbalife’s Direct Selling Business Model report by recognizing essential lessons from the case study.
Answer:
The Hedge Fund Battle over Herbalife’s Direct Selling Business Model report provides essential lessons for investors, corporations, and regulators. It is important to recognize that the battle between hedge funds and Herbalife was a complex and multifaceted one. Investors should be aware of the potential risks and rewards associated with investing in a company that is heavily reliant on direct selling. Corporations should consider the potential implications of their business model on the stock market and the potential legal and regulatory issues that may arise. Regulators should be vigilant in monitoring business practices and ensure that they are in compliance with applicable laws and regulations. By recognizing these essential lessons, investors, corporations, and regulators can be better prepared to navigate the complex world of investing.
Explanation:
Which of the following is information found in the SQ Tool?
Approved services by Service Line
Engagement and SQ Team information
Action items
Engagement terms and conditions
The SQ Tool contains information regarding engagement terms and conditions. Therefore, option D is correct.
For the purpose of measuring, a square is formed by placing two straight edges at right angles to one another. It is utilized by machinists and carpenters to locate holes, verify right angles, and locate holes. Additionally, it can be utilized as a guide when drawing lines on materials prior to cutting them.
As a result, they constitute two of the SAQ's components. As an inspector, you are capable not exclusively to yourself yet additionally to your group, the association, and our partners. Professional pride and taking responsibility for one's work are at the heart of accountability.
Therefore, option D is the best option.
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Communication which occurs via a
phone call would fall under which
category?
A. synchronous
C. horizontal
B. asynchronous
D. vertical
"Insider" information is material given
by an employee to
A. another employee of the same business
B. the general public
C. a few non-employees in the public
Insider information, also known as interior information, refers to personal facts related to a publicly traded organisation that can furnish a financial benefit in the markets.
How do people get insider information?The SEC's Edgar database lets in free public access to all filings related to insider shopping for and promoting of stock shares. A number of monetary facts web sites offer easier-to-use databases of insider buying.
This includes Social Security Numbers, financial institution information, different non-public identifiable monetary information, and certain transactions with monetary institutions.
An insider is a director, senior officer, entity, or character that owns greater than 10% of a publicly-traded company's vote casting shares.
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https://brainly.com/question/21484893#SPJ4Your reading material illustrates a typical example of what happens if you pay just the minimum monthly payment every month on a credit card balance, In this example, approximately how long will it take to pay off the original dept completely?
Answer: Most credit cards only require you to make a minimum payment each month, which is typically a fixed amount, often $20 to $25, or a percentage of your balance, usually 1 to 3 percent. Paying the minimum is tempting, especially if your budget is tight. But the less you pay now, the more you’ll pay later.
Carrying a credit card balance not only means you’ll be in debt longer, but it also means you can rack up massive amounts of interest, thanks to exorbitant, oftentimes double-digit interest rates.
Explanation:
To give you an idea of just how costly it can be to pay only the minimum on your credit card, personal finance site NerdWallet crunched the numbers and determined the interest costs of paying off debt. It assumed credit card debt of $6,081, which is what the average household with revolving credit card debt owes, and an interest rate of 14.99 percent.
There are sixteen regional federal reserve banks.
false
true
The Federal Reserve Bank accepts deposits and withdrawals from individuals.
false
true
A bank run is when people rush to deposit money in their accounts thanks to a higher interest rate on
saving.
false
Inflation is the gradual and continued rise in the cost of goods and services over a period of time. In
other words, you get less for your money.
true
false
true
To be solvent is when an institution or individual is unable to honor their monetary obligations.
true
false
The correct answers for the given questions about Regional banks:
1. False, There aren't sixteen regional federal reserve banks.
2. True, The Federal Reserve Bank accepts deposits and withdrawals from individuals.
3. False, A bank run is not when people rush to deposit money in their accounts thanks to a higher interest rate on saving.
4. True, Inflation is the gradual and continued rise in the cost of goods and services over a period of time.
5. True, To be solvent is when an institution or individual is unable to honor their monetary obligations.
What is a Federal bank?There are 12 regional banks in the system, each named after the city in which they are headquartered. Banking supervision is the responsibility of the Board of Governors of the Federal Reserve Bank in Washington, D.C.
Each Federal Reserve district has facilities for receiving additional ineligible money deposits and processing foreign exchange orders.
When multiple customers of a bank or another banking institution withdraw their deposits at the same time out of concern for the bank's stability, this is called a bank run.
The rate at which prices rise over a period of time is called inflation. Inflation may be described in general terms such as: B. A general increase in prices or an increase in living standards. A company's ability to meet its long-term financial obligations is known as 'solvency'.
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Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of P65,000, what recommendation would you make to Tandang Sora?
If Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually in which she plans to leave the funds in this account for seven years earning interest. The recommendation i would you make to Tandang Sora is: to find an account with either a higher interest rate or deposit a larger sum today.
How to find the face value and the present value?Face Value = 33,000(1.+.10)^7
Face Value = 33,000(1.1)^7
Face value = $64,308
Aunt Tillie will tend to only have to make the amount of $64,308 at the end of seven years based on the given stated arrangement.
Hence, she will have to find an account with either a higher interest rate or deposit a larger sum today.
So, the amount Aunt Tillie should invest today to receive $65,000 after 7 years is calculated as:
Present value = 65,000 / (1.+.10)^7
Present value = 65,000 / (1.1)^7
Present value = $33,355.28
Therefore she should find an account with either a higher interest rate or deposit a larger sum today.
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Explain the effect on firms and labor market
A 10-K financial report must be filed if a
company has $10 million in
A. assets
B. stocks
C. liabilities
Robert believes that entrepreneurship will help you in other aspects of your life. What do you think?
You are provided two problem statements below (Homework Problem 1). For each, provide a score on a scale of 1 to 10 with 10 being best. Provide justification for each score that you gave.
Example Problem Statements
We want to improve employee performance in the Human Resources (HR) department.
We want to improve sales revenue by 10%
To provide a score on a scale of 1 to 10 on the problem statements, as per the examples, we can score as follows:
Improve the performance of HR employees, score 9, as this is a problem that affects the entire organizational system.Improve sales revenue by 10%, grade 7, as sales revenue can be improved in the period according to commemorative dates.What are organizational problem statements?They correspond to an analysis of the organizational environment to understand what are the greatest needs for improvement, control and revision, to eliminate production bottlenecks, lack of integration and organizational flow.
Therefore, the problem statements in an organization help in managing more aligned to the reality of the company, such as its resources, monitoring and review of the processes that are responsible for making the company successful and positioned in the market.
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How Goods Market will be in Equilibrium according to saving and investment approach
This method states that the equilibrium annual income is established at a level where planned saving (S) equals planned investment (I). If there is a difference in revenue from the market equilibrium, i.e., if it was planned.
What is a Market?A market is made up of various buildings, institutions, institutions, and processes that allow people to exchange goods and services.
The targeted savings graphs meet at the interest income in a satisfactory competitive equilibrium, or the wanted values of saves and investments are similar to both the absolute measurements of savings and investments as reported in the national income as well as product records and also the desired values.
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“Every agreement and promise enforceable at law are a contract”
There are different types of Contracts based on enforceability, formation, and performance. Explain all the types with examples.
Answer:
Explanation:
Contract:- A contract is an agreement between two or more parties. It is a written or legal agreement.
Thus for the formation of a contract, there must be-
a) an agreement
b) the agreement should be enforceable by law
All agreements are not enforceable by law and therefore, all agreements are not contracts. Some agreements are not enforceable by law.
Classification of Contracts
According to validity
Valid Contract
Illegal Contract
Void Contracts
Unenforceable Contract
According to Formation
Expressive Contract
Implied Contract
Quasi Contract
E-Contract
According to Performance
Executed Contract
Executory Contract
Unilateral Contract
Bilateral Contract
Valid Contract - Enforceable by a court of law
Void Contract - Not enforceable by a court of law
Illegal Contract - Void and forbidden by law
Unenforceable contract - Not enforceable by a court of law due to some technical error in the contract.
Express Contract - The contract is expressed through words whether oral or written
Implied Contract - When a contract is created by action or implication of law
Quasi Contract - The contract is expressed through words whether oral or written
E- contract - The contract is expressed through words whether oral or written.
Executed Contract - Performance did on part of all parties
Executory Contract - Performance is pending by one or more parties
Bilateral Contract - Performance is pending by both parties
Unilateral Contract - Performance is pending by one party
An annual report should be shared
with all
A. citizens
B. owners
C. lawyers
Would the date of the duplicate payments usually be the same or different?
The identical document date will frequently appear on the duplicate invoice. When it's not, though, the difference probably won't be greater than double your usual payment periods.
What does a duplicate payment mean?An additional sum has already been paid to the service provider. When the accounts payable systems fail to identify earlier payments, such transactions are performed. The error suggests that a transaction request was sent shortly after an earlier attempt with identical data.
By comparing the information included with the transaction, Authorize.net may spot duplicate transactions. The "Duplicate Window" setting in RaiseDonors has to be changed. If a consumer reloads your checkout page or repeatedly hits your buy button, double transactions may result.
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The United Nations has never focused on the international rights of consumer
True or false
Answer:
true they have never focused on rights of consumers
Explanation:
hope this helps!
"Group Think" happens when
everyone agrees with the same
thought.
True or false
It is a phenomenon that can lead to poor decision-making True.
What is group think?Group think is a phenomenon in which a group of people, influenced by their desire for consensus, make irrational or poor decisions. It often occurs when group members are unwilling or unable to express their individual opinions, or when group members feel pressure from an authority figure to come to an agreement. Group think can lead to poor decision-making, as group members may ignore potential problems or negative information that could be beneficial to the decision-making process. Additionally, group think can lead to conformity among members, making it difficult for them to think outside the box and come up with creative solutions.
Group Think can lead to poor decision-making because it eliminates any divergence of opinion, leading to conformity and the absence of critical thought. This can lead to an inability to objectively evaluate the risks and benefits involved in a decision, as well as a lack of creativity and innovation. Additionally, group think can lead to a lack of accountability, as members of a group may be less likely to challenge decisions or provide constructive criticism.
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A run on banks will cause the supply
rate to do which of the following?
A bank run happens when significant numbers of depositors withdraw money from banks at the same time out of concern that the institution will fail. With more customers withdrawing money, banks will deplete their cash reserves and eventually default.
What happens when a bank fails?A default happens when a borrower fails to make the due debt installments. Defaults on secured debt, such as a mortgage loan backed by a home, as well as unsecured debt, such as credit cards or a college loan, can occur. Borrowers who default are vulnerable to legal claims and may have limited future access to credit.
When a bank fails, the FDIC takes control and either sell the bankrupt bank to a more solvent bank or takes over the bank's functioning.
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What is the modified internal rate of return (MIRR) of this project? Assume that the required rate is 12%
Year CF
0 $5,500
1 $450
2 $1,800
3 $3,200
4 $550
5 $2,130
Martin Company expects to have a cash balance of $135,000 on January 1, 2017. Relevant
monthly budget data for the first 2 months of 2017 are as follows:
• Collections from customers: January $246,500, February $435,000.
• Payments for direct materials: January $155,000, February $240,000
• Direct labor: January $90,000, February $135,000. Wages are paid in the month they
are incurred.
• Manufacturing overhead: January $63,000, February $75,000. These costs include
depreciation of $5,000 per month. All other overhead costs are paid as incurred.
• Selling and administrative expenses: January $45,000, February $60,000. These costs
are exclusive of depreciation. They are paid as incurred.
• Sales of marketable securities in January are expected to realize $36,000 in cash.
Martin Company has a line of credit at the local bank that enables it to borrow up to
$75,000. The company wants to maintain a minimum monthly cash balance of $60,000.
Instructions
(a) Prepare a cash budget for January and February.
(b) Martin Company’s chief financial officer feels that it is important to have data for the
entire quarter especially since their financial forecasts indicate some difficult economic
periods in the coming year. March information has been budgeted as follows:
• Collections from customers: $375,000
• Payments for direct materials: $206,000
• Direct labor: Wages paid in March $116,000
• Manufacturing overhead: $64,500. This includes the monthly depreciation of
$5,000.
• Selling and administrative expenses: $51,600. This cost is exclusive of
depreciation.
• Marketable securities of $50,000 can be sold if needed for additional cash.
(1) Prepare a cash budget for March assuming that the company does not sell the
marketable securities.
(2) What is the maximum amount the company can borrow during March? Does this
provide the company with an adequate ending cash balance?
(3) How much does the company need to borrow if the marketable securities are sold?
(4) Comment on the status of the company’s cash budget for March.
(a) The prepared Cash Budget for January and February are:
January:
Beginning cash balance: $135,000Collections from customers: $246,500Payments for direct materials: $(155,000)Direct labor: $(90,000)Manufacturing overhead: $(63,000)Selling and administrative expenses: $(45,000)Sales of marketable securities: $36,000Ending cash balance: $194,500February:
Beginning cash balance: $194,500Collections from customers: $435,000Payments for direct materials: $(240,000)Direct labor: $(135,000)Manufacturing overhead: $(75,000)Selling and administrative expenses: $(60,000)Ending cash balance: $269,500(b)
(1) March Cash Budget (assuming no sale of marketable securities)
Beginning cash balance: $269,500Collections from customers: $375,000Payments for direct materials: $(206,000)Direct labor: $(116,000)Manufacturing overhead: $(64,500)Selling and administrative expenses: $(51,600)Ending cash balance: $166,400(2) The maximum amount the company can borrow during March is $75,000
(3)The amount the company need to borrow if the marketable securities are sold is $5,600
(4) My Comment on the status of the company’s cash budget for March is that The company's cash budget for March is not adequate as the ending cash balance is less than the minimum desired balance of $60,000 even if the company sells the marketable securities.
What is the cash budget?(2) The company can borrow up to $75,000 from the bank. The ending cash balance is $166,400, which is less than the minimum desired balance of $60,000. Therefore, the company needs to borrow more money.
(3) If the marketable securities are sold, the company will have additional cash of $50,000. So, the company needs to borrow $5,600 ($60,000 - $50,000 - $166,400)
(4) The company needs to borrow money from the bank in order to have an adequate cash balance. Depending on the interest rate and the terms of the loan, it's important for the company to assess the costs and benefits of borrowing. It may be beneficial for the company to look for other ways to increase cash balance such as by increasing revenues, cutting costs, or finding alternative sources of financing.
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One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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Choose 2 multinational companies (1 U.S.-based company + 1 foreign-based company).
Visit the websites of the 2 companies and conduct research using databases such as Business and Company ASAP and Business
Source Complete.
How do these 2 multinational companies have organized their global business operations?
What are their similarities and differences, and what might explain those similarities and differences?
How might you characterize their business and international strategies?
Tools like nation portfolio analysis and political risk assessment, which primarily concentrate on the potential benefits from doing business in emerging countries, are used by companies that seek new markets.
How a Global Corporation Operates?An organisation is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation. Some people might restrict the term to only include businesses with at least 25% of their revenue coming from sources outside of their own nation.
What Are Some of the Risks Facing Global Corporations?The various nations and regions in which multinational firms operate expose them to dangers. These include potential dangers to regulations or the law, political unpredictability, crime and violence, and cultural
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2. Start by creating a list of 5-10 local and remote businesses currently operating that you think would hire project
managers?
Amazon, Coinbase, HubSpot, IQVIA, PRA Health Sciences, Robert Half International, Thermo Fisher Scientific, and UnitedHealth Group are among the organizations that allow project managers to work remotely.
By decreasing risk and giving precise timings and decision points that assist guarantee projects are delivered on-time and within budget, project planning helps avoid the disappointment of failed and delayed projects. Project managers work with teams to divide a project into smaller, more manageable chunks. Project managers can better manage their teams and respond to problems by dividing the project down into a defined procedure with assigned tasks, dates, and milestones.
A local business could be a small shop, a food truck, or an office building. Because the local business owner owns the building where it is located, it differs from a chain store in another way. The majority of local businesses are often modest, family-run enterprises. Even though your business or client's office is in the same location as yours, working remotely can simply mean doing so. Working from home is hardly a glamourous lifestyle option. It's a decision to increase effectiveness and balance.
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Give reasons that can explain why a stock price might not react at all on the day that new information related to the stock's issuer is released? Which of these reasons hold if the market is semi strong form efficient? Explain your argument.