Which of the following are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully? (Check all that apply.)
Multiple select question.
When to enter?
Who are the players?
How to enter?
What type of entry should be made?
Why is it important to study the external environment?

Answers

Answer 1

The essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully are

a) When to enter?

b) Who are the players?

c) How to enter?

d) What type of entry should be made?

It's essential to ask yourself the right questions in order to increase the probability of success when entering into an industry.

When it comes to entering a new industry, strategic leaders have many important questions to consider.

The main questions are when to enter, who the players are, how to enter, and what type of entry should be made. By carefully considering each of these questions, leaders can increase their chances of entering the industry successfully.

These questions help in forming proper strategies for entering into an industry.

Knowing the answers to these questions is key to setting up a successful venture into the industry.

The question will correctly be written as:

Which of the following are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully? (Check all that apply.)

Multiple select question.

a) When to enter?

b) Who are the players?

c) How to enter?

d) What type of entry should be made?

e) Why is it important to study the external environment?

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Related Questions

Who is the group of people MOST likely to purchase a company's products?
O A.marketing mix
О в.target market
O C.primary audience
O D. advertising audience

Answers

Option B is correct.A target/goal market is a crew of customers with shared demographics who have been recognized as the most likely buyers of a company's product or service.

Why is goal market important?

Having the right target market helps you decide where to find practicable purchasers who are looking for what you have to offer. If you have a target market, you know where to concentrate your advertising and marketing efforts and what to provide that is compelling and properly received.

For example, a children's toy may additionally have boys a while 9–11 as the target market and the boys' mother and father as the target audience. It may additionally also be defined as the consumer segment most likely to be influenced through an advertising campaign. The target market is also awesome from the buyer persona.

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A government can fix prices, such as a minimum or maximum price for a good or service which can create an artificial disequilibrium. When the government fixes a price below the market rate, what would be the most probable effect?
A. The market would suffer surpluses.
B. More buyers would enter the market.
C. The market would suffer shortages.
D. More sellers would enter the market. This is a price ceiling or a maximum price, which probably will be below equilibrium and mean that quantity demanded exceeds quantity supplied.

Answers

Option c is Correct. The most likely result of the government setting a price below market value would be shortages in the market.

What occurs when prices are set by the government?

The clearing and allocating functions of prices are destroyed by governmental price fixing. The regulation inhibits the equalization of the available supply to the demand by permanently fixing prices above or below their equilibrium values. Short-term surpluses or shortages are therefore unavoidable.

Governments have the power to set minimum and maximum prices for goods and services, which can lead to a false imbalance. A price floor, also known as price support, is the lowest price that manufacturers or governments can establish for goods or services. The opposite of a price ceiling is a price floor.

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Which of the following is NOT one of the three basic ways inventories are​ reported?
A. average aggregate inventory value
B. inventory turnover
C. weeks of supply
D. material cost of goods sold

Answers

C but if not then I would say D

A nurse working in a medical practice who earns $40,000 per year has a liquid net worth of $60,000. She overhears some of the doctors in her office talking about hedge funds and is interested in using her cash funds to make an investment. She should be informed that hedge funds are:

Answers

A) This nurse doesn't have enough money to invest in a hedge fund. She ought to be informed that these are investments with low regulation and high risk that are only suitable for wealthy and experienced investors.

What is the most crucial information that a customer who invests in a fund of hedge funds should know?

When it comes to redemption, a fund of hedge funds will follow the same guidelines. The most crucial information to disclose to a client is the investor's inability to easily exit the investment.

What kind of risk should an ETN investor take into account that is not associated with an ETF?

ETFs are subject to market risk, whereas ETNs are subject to both the investment bank issuing the ETN's credit risk and market risk. The credit risk issue is not irrelevant in light of the rapid collapse of the banking structure during the 2008 financial crisis. Banks do break up.

The nurse does not meet these requirements, but an investor who is "accredited" earns at least $200,000 per year or has a $1 million net worth.

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Full Question = A nurse working in a medical practice who earns $40,000 per year has a liquid net worth of $60,000. She overhears some of the doctors in her office talking about hedge funds and is interested in using her cash funds to make an investment. She should be informed that hedge funds are:

I high risk securities

II high return securities

III only available to accredited investors

IV like mutual funds

A. I and III

B. I and IV

C. II and III

D. II and IV

Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are ______.

Answers

Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are subsidy.

Financial incentives are monetary rewards that are given in exchange for behavior or actions that would not otherwise take place. Financial incentives promote conduct that might not occur without them.

The two different types of incentives are financial and non-financial ones. Financial incentives are rewards or payments given in exchange for achieving set objectives or targets. Non-financial incentives include things like honors, privileges, and recognition that are not monetary in nature. Financial motivations are a common reason why people change careers, therefore providing financial incentives might help employers retain their best employees.

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What is the most important aspect in customer service and why?

Answers

Empathy. No list of good customer service skills is complete without empathy.

What is the aspect of customer service?Providing for the needs of customers and ensuring they have a positive experience are the responsibilities of customer service professionals. Active listening, empathy, problem-solving, and communication are just a few of the traits that make up the skill set of customer service. In numerous jobs at many levels, customer service is used.Knowing and comprehending other people's feelings is called empathy. Basically, it involves putting yourself in the client's position. The most crucial customer service competency, according to many, is empathy.The capacity for empathy is the capacity to comprehend the feelings and viewpoints of another individual.With their needs, wants, and financial resources, consumers expect goods and services with features that maximise their satisfaction and value. The four categories

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How does contractionary policy affect unemployment?

Answers

Contractionary fiscal policy prevents the unemployment rate from falling below optimal levels, keeping it at what economists refer to as "full employment," or when unemployment reaches its lowest point without causing inflation.

What exactly is contractionary policy?

As part of a contractionary policy, a central bank's rate of monetary expansion must be reduced, or government spending, particularly deficit spending, must be reduced.

Raising interest rates, increasing the minimum reserves required of banks, and selling government securities are the three primary methods used by the Federal Reserve to reduce the money supply. Higher interest rates increase the cost of borrowing money, discouraging customers from purchasing certain goods and services and reducing business investment in new machinery. Contractionary monetary policy seeks to slow or even halt economic growth in order to prevent inflation.

It essentially slows growth by raising interest rates and tightening the money supply. Contractionary policy is used to control inflation. An expansionary fiscal policy is implemented when the government lowers tax rates while increasing spending to stimulate economic growth. As a result of increased purchasing power, consumption rises. A contractionary monetary policy is one in which the central bank manages and directs interest rates within an economy in order to increase the money supply.

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could someone give me examples of recourses I need to make a race car video game.
for example sponsors or stuff like that where I can start basically and how to promote it.

Answers

VIDEO GAME

Here are a few examples of resources you may need to make a race car video game:

Game development software: To create the game itself, you will need a game engine and other development tools. Some popular game engines include Unity and Unreal Engine. You may also need tools for creating 3D models, animations, and other game assets.

A team of developers: Depending on the scope and complexity of your game, you may need to assemble a team of programmers, artists, designers, and other specialists to help create the game. If you do not have experience with creating video games, you could look for people with the required skills, such as game developers, designers, and engineers to join your team.

Funding: Developing a game can be costly, and you may need to secure funding from investors, crowdfunding, or other sources. Look for angel investors or venture capitalist that are interested in game development to fund your project, or alternatively use a crowd funding platform like Kickstarter or GoFundMe to raise money.

Marketing and promotion: Once the game is complete, you'll need to promote it to potential players. You can consider reaching out to popular gaming influencers, or approach gaming communities and platforms to showcase your game. Additionally, you can use social media platforms to create buzz around your game and generate interest from potential players.

Sponsors: Finally, you can consider approaching companies and brands related to the racing or car industry for sponsorship deals. These deals could be used to help fund your project, and in return the sponsor's brand can be featured in the game.

Keep in mind that creating a video game is a complex process and it can take a significant amount of time and resources to develop. Also, it's important to have a clear plan, including a development schedule and budget, before you begin to ensure that you stay on track and your project is successful.

Hope This Helps You!

How to find the monthly payment in math?

Answers

There are several approaches to determining your monthly payments because the payments for various loan types concentrate on various sums. Here are the formulas for the three categories that were previously described.

The formula for Amortized Loan Payment

Utilizing your principal balance or total loan amount (a), periodic interest rate (r), which is equal to your yearly rate divided by the number of payment periods, and the overall number of payment periods, you may get your monthly payment (P) (n).

P = a ÷ { [ ] - 1 } ÷ [ r ]

The formula for Interest-Only Loan Payments

An interest-only loan's payment calculation is simpler. Divide the annual interest rate (r) by the frequency of payments (n), then multiply that result by the total amount borrowed (a).

P = a ( r ÷ n)

Calculations for Credit Card Payments

Although the math for credit cards is also very straightforward, it is more difficult to calculate your balance because it changes frequently and different lenders have varying interest rates. Your minimum monthly payment is often determined by a calculation depending on your total balance.

P = Card Balance x r

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A chord of length $6$ units divides a circle into two distinct areas. If the circle has a radius of 6 units, what is the area of the larger region, in square units

Answers

There are two resemblant passions of length, 8 cm and 6 cm. The distance of the radius of a circle between the center and the shortest passion( 6 cm passion) is 4 cm.

So, the vertical distance from the center to the shortest passion is 4 cm. The vertical line from center to passion divides passion into two equal corridors. So, the compass of the circle is under square 32 42 =  5. Since the compass is 5.  The distance from the center to the largest passion is under square 5square- 4square =  3.

The radius of a circle is the distance from the center of the circle to any point on its circumference. It's generally denoted by' R' or' r. This volume has significance in nearly all circle-related formulas. The area and circumference of a circle are also measured in terms of the compass.

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Which type of agreement assures that a broker will receive compensation regardless of who procures the buyer

Answers

Exclusive right to sell listings: The agreement pays the agent regardless of whether the seller of the property is the agent or the seller.

Sole agency list: Agents are only paid when they sell properties in this type of arrangement. No commission is charged if only the owner sells the property.

Open list: In this type of contract, the seller has the right to use as many brokers as they wish. However, the seller is not obligated to pay these if the property is sold without the help of an intermediary. Net listing:

This type of agreement may be illegal in your state. Agents can keep whatever they can get their hands on for more than the owner's desired selling price.

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What are 3 tips for investing?

Answers

Do your research, diversify your investments, and develop a strategy are 3 tips for investing.

1. Do your research: Researching investments and understanding the risks involved is essential for success. You should research the type of investment, the company involved in the investment, the industry trends and any other information that could have an impact on the success of the investment.

2. Diversify your investments: Diversification is key to risk management. You should diversify your portfolio by investing in different asset classes, such as stocks, bonds, mutual funds, exchange-traded funds (ETFs), and real estate. Each asset class carries different levels of risk and returns, and diversification helps to reduce risk and maximize returns.

3. Develop a strategy: Developing a strategy is key to successful investing. You should determine your investment goals, timeline, and risk tolerance before making any investments.

You should also develop a plan for how to manage your investments, including when to buy and sell, as well as how to monitor your investments for any changes in the market. Following a strategy can help you stay on track with your investing goals.

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if a producer is not able to expand its plant capacity immediately, it is____

Answers

Factory expansion requires huge investments, and it takes time for all companies to make such investments. If producers cannot expand their factories, they will take short-term action.

The plant capacity is the saturation point. The maximum force a plant can produce. Fixed costs are constant costs. It does not change with the level of production of goods and services. Gross cost of production corresponds to variable cost of production. In the long run, all costs will fluctuate. Because in the long run you have enough time to convert all fixed inputs to variable inputs.

Therefore, total costs correspond to variable costs in the long run. Finally, marginal cost increases as production increases because the marginal product of labor decreases. Capacity factor: It is the ratio of the energy actually produced to the maximum energy that could have been produced in a given time period. The plant capacity factory gives the inverse capacity of the plant.

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When a large volume of product is received at a case-pick warehouse, where is it likely to be placed initially?
a. Reserve storage
b. Case pick area
c. Forward picking location
d. Shipping area
e. It will remain in the receiving yard for several days

Answers

When a large volume of product is received at a case-pick warehouse, it is likely to be placed at Reserve storage that is option A is correct.

Within an organization there are separate places to keep the goods that are manufactured and the goods that are received from some other place. Inventory is there to keep the goods within the organization. Sometimes the goods that are received exceeds the limit of storage, then the extra goods are kept in the reserve storage so that when the stock of the goods will be used up the reserve goods will be used. It is necessary to always keep a reserve storage at an organization because there can never be certainty on the production level and also if by any means shortage of goods occur then the reserve goods will come in handy.

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Siegfried Basset is 65 years of age and has a life expectancy of 10 more years. He wishes to invest $18,500 in an annuity that will make a level payment at the end of each year until his death. If the interest rate is 10.0%, what income can Mr. Basset expect to receive each year?

Answers

$18,50 income can Mr. Basset expect to receive each year.

What purposes do government organizations have for financial statements?

Financial Statements give readers a comprehensive understanding of the federal government's financial operations, state, and position by presenting consolidated financial data that includes all federal institutions as well as fiscal sustainability data.

Who and what are included in the financial statement audit?

Law requires publicly traded corporations to have an authorized certified public accountant audit their financial statements (CPA). all nonprofit organizations and non-federal government bodies that spend $750,000 or more on federal grants in a particular fiscal year.

Invest $18,500

interest rate is 10.0%

income each year=  $18,500/100 *10 = $18,50

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Assume the demand curve for product X shifts to the right. This might be caused by: a. an increase in income if X is an inferior good. b. a decrease in the price of Y if X and Y are complementary goods. c. a change in consumer tastes which is unfavourable to X. d. a decline in the price of Zif X and Z are substitute goods.

Answers

If the demand curve for product X shifts to the right, then option (c) is correct. If X is a lower-quality product, this might be brought on by a decline in income.

How does a demand curve work?

In economics, a demand curve is a graphic representation of the connection between a product's price and the quantity demanded. It is depicted with quantity demanded on the horizontal axis and price on the graph's vertical axis. Due to the inverse relationship between price and quantity demanded (i.e., the lower the price of a product, the higher the demand or number of sales), the demand curve is typically depicted as sloping downward from left to right with a few exceptions. Certain ceteris paribus (other things being equal) conditions must remain constant for this relationship to work. The number of consumers in the market, their tastes or preferences, the prices of substitute goods, their price expectations, and their personal income are examples of such conditions.

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Denise's team has started a group writing project. As the team gathered information and began drafting initial findings and conclusions, it found that its earlier plans and decisions were not accurate. What should the team do

Answers

Team should take that action. It ought to review its initial strategies and make the required adjustments.

What are the top three factors that influence the outcome of a team project?

The team's ability to collaborate effectively is key to completing projects. The qualities of commitment, contribution, effective communication, and cooperation are those that promote success. The advantages of cooperation include greater communication, improved ownership of solutions, improved integration, and improved solutions to high-quality challenges.

Which of the following traits does not describe a productive work group?

Members of an effective group collaborate with one another rather than working on their own; they work as a team or group. Independent or solitary work is not a trait of a productive group, therefore.

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Which of the following is NOT one of the tasks of random stocking​ systems? A. Maintaining a list of​ "open" locations. B. Assigning certain items or classes of items to particular warehouse areas so that the total distance traveled within the warehouse is maximized.

Answers

Option (B) . Assigning certain items or classes of items to particular warehouse areas so that the total distance travelled within the warehouse is maximized.

What's mean by warehouse?

A warehouse is large building to store the raw materials or finished products until they are exported to another country or distributed to distributors. synonym:

store, depot, storehouse, repository Synonyms for warehouse.

What warehouses do?

Warehousing is the process of storing physical inventory for sale and distribution. Warehouses are used by all kinds of businesses that need to store large quantities of products temporarily and then either ship them to other locations or ship them individually to end users.

What type of work is in the warehouse?

Job Description Warehouse Worker

Warehouse workers are responsible for completing various tasks such as: For example, receiving and processing incoming inventory and materials, picking and fulfilling orders from warehouses, packing and shipping orders, or managing, organizing, and retrieving inventory.

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Vernon claims that his contract with Ulani is voidable. If their contract is avoided O both parties are released from it O both parties must fully perform their obligations under it O a wholly different contract is agreed to O a wholly different contract is imposed as if the parties had agreed

Answers

Vernon claims that his contract with Ulani is voidable. If their contract is avoided (A) both parties are released from it.

Vernon argues that his agreement with Ulani can be revoked. Both partners are released from their contract if it is avoided. It shall be fully complied with by both Parties.

if the terms are rejected by both parties. if the party that has a cause to reject the agreement instead chooses to carry it through. if the party looking to enforce the agreement files a lawsuit.

Because there was practically no enforceable contract, you can recover anything even if one side violates the agreement. Contracts are legally binding agreements, but they are always voidable by one or both of the parties. You might not be able to enforce a voidable contract as a result.

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1. Explain what you observed at the Walmart shareholders meeting. 2. Explain how Walmart able keeps track of its inventory. Why is this important

Answers

With the use of a tiny device known as Telson, Walmart is able to keep track of its inventory. It scans the bar code, which is not only a straightforward process but also virtually encyclopedia-like in that it provides all the information.

A bar code conceals information's power. It is crucial since it records all sales, including what is being sold when it is being sold, its history, selling prices, and pricing trends. With the help of cutting-edge technology, a strong corporate culture, and constant attempts to get suppliers to cut costs and offer items at the lowest possible rates, Walmart has managed to keep its pricing so low. Walmart has always been successful in keeping its pricing low, which is its main objective. Walmart maintains minimal operating and production costs because it employs standard and few component parts.

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Which of the following expenses would not appear on a selling and administrative expense budget? A) Sales commissions B) Depreciation C) Property taxes D) Indirect labor

Answers

Answer: B) Depreciation

Explanation: Depreciation is charged as an expense. The intent of this is to gradually reduce the carrying amount of its asset as their value is consumed over time.

There has been ________ in the number of minority entrepreneurs in the United States over the past several years. Group of answer choices a substantial increase a moderate decrease a moderate increase a substantial decrease no meaningful change

Answers

There has been substantial increase in the number of minority entrepreneurs in the United States over the past several years.

A substantial increase means a 50% (50%) or more increase in earning power. In the late 1970s, the United States was the first country to abandon management capitalism and turn to entrepreneurship. The beginnings of American entrepreneurship can be traced back to settlers engaging in trade and bartering with their Native Americans, resulting in mutual benefits for both parties.

This statistic shows the rate of start-up activity per 100,000 US adults from 2000 to 2021. In 2021, the U.S. startup rate was 0.36%, or 360 per 100,000 adults.

• Significantly increase the local population without providing at least 5 acres of built park for every 1,000 residents. or • Significantly increase the use of local neighborhood parks or community parks such that significant physical degradation of the facility occurs.

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The measure of how much profit the firm generates as well as how much profit certain aspects of the firm, including regions, channels, and customer segments contribute is referred to a

Answers

Profitability analysis is the process of calculating how much a firm produces in profit and how much different business operations, such as markets, distribution channels, and customer segments, contribute to that profit.

An individual who buys something from a seller, agent, or supplier in exchange for cash or another kind of value consideration in sales, commerce, or transactions is referred to as a customer. Early cultures were supported by a system of gifts and favours.

A customer is someone who makes a purchase of an item or service and subsequently contacts the business with a query or requests for assistance. However, enterprises like law firms, movie studios, and hospitals choose their clients, but supermarkets, banks, and restaurants chose their customers. Currently, this distinction has little semantic relevance.

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Don uses one hour each week to perform certain tasks, including ______, as part of his personal financial system.

Answers

Don spends an hour each week on a number of tasks as part of her financial and personal routine, including settling any past-due bills or payments.

What does an accounting bill mean?

An forensic accounting document that details the price a customer must pay for a good or service is referred to as a "bill." It is also regarded as a reminder for payments. It before payment is delivered, a bill is issued, and it's used once and right away.

Is paying a bill a cost?

A bill is technically an expense. However, both do have two distinct meanings in QuickBooks. A bill is cash that your company owes but will reimburse later. Any money spent by your company at the moment of a purchase is considered an expense.

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Amelia just received a $9000 bonus. She has been advised to invest hei bonus in two accounts, one yielding 3% per annum and the other 8% per annum. If Amelia wants to earn $580 in interest, how much should she put in each account

Answers

If Amelia wishes to earn $580 in interest, she should put $2800 and $6200 into the two accounts.

What exactly does the term "interest" mean?

The payment of an amount above repayment of the original sum by a borrower or deposit-taking financial institution to a lender or depositor at a specified rate by a borrower or deposit-taking financial institution is known as interest. It is distinct from a fee paid by the borrower to the lender or a third party.

Assume Amelia has placed $x and $y in the two accounts, respectively.

So, x + y = 9000 ...... (1)

Again, the total interest for investing $x at 3% annual interest and $y at 8% annual interest is $580.

Hence, [tex]\frac{3x}{100}[/tex] + [tex]\frac{8y}{100}[/tex] = 580

⇒ 3x + 8y = 58000 ..... (2)

When we solve equations (1) and (2), we obtain

5y = 58000 - ( 9000 × 3 )  

⇒ 5y = 31000

⇒ y = 6200

Hence, from equation (1) , x = 9000 - 6200 = 2800

As a result, Amelia will put $2800 and $6200 into each account.

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1. If you know that Diane holds the highlighted position in the organizational chart shown here, she is probably a ____ (first-line, top, administrative, middle) manager. A job title associated with that level of management is ________ (plant manager, staff accountant, chief executive officer, coordinator)


2. [CHECK ALL THAT APPLY]

Which of the following activities is most likely part of a typical workday for Diane?
A) Teaching a new employee how to use the company’s workflow management system
B) Reviewing departmental performance to determine whether managers are meeting their goals
C). Assisting customers with general questions about the company’s products
D). Monitoring long-term business trends that may have an impact on the organization
PLS HELPPPPPPPPPPPPP

Answers

1)  If you know that Diane holds the highlighted position in the organizational chart shown here, she is probably a middle manager. A job title associated with that level of management is plant manager.

2) The activities that is most likely part of a typical workday for Diane is "Teaching a new employee how to use the company’s workflow management system" (Option A)

What is an Organizational Chart?

An organizational chart, also known as an organigram, organogram, or organizational breakdown structure, is a diagram that depicts an organization's structure as well as the relationships and relative rankings of its parts and positions/jobs.

Org charts illustrate the structure of an organization and may clearly highlight seniority and lines of authority that should be followed. It can also indicate which roles are in charge of specific duties, divisions, departments, or areas. This can help to eliminate uncertainty and increase communication.

Note that Middle management is the intermediate management level of a hierarchical organization that reports to executive management and is responsible for 'team leading' and/or'specialist' line managers.

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________ refers to a channel stretching from raw materials to components to final products that are carried to final buyers.

Answers

The term "supply chain" describes a path that goes from raw materials to components to finished goods that are delivered to customers. A supply chain includes elements such as product development, marketing, operations, distribution, financing, and customer support.

The most basic kind of a supply chain is one that only involves a company, its suppliers, and its customers. A few examples include producers of raw materials, manufacturers, distributors, retailers, and retail customers. The physical comparison of a drawn-out, interconnected set of supplier operations that finally leads to the shipping of a finished product was first made public by Keith Oliver of Booz Allen Hamilton.

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_submission=Chkim

How much can Justin spend in turning his paychecks into cash over his

career?

2 points

$40,000

$800

$25,000

At what age was Justin on his own?

2 points

Answers

Over the course of his employment, Justin has spent $40,000 of his salary in cash. Check into Cash, which cashes checks.

How long is a paycheck good to cash?

Checks for personal, business, and payroll are valid for six months (180 days). On the checks issued by some companies, "invalid after 90 days" is preprinted. The pre-printed phrase is intended to urge individuals to deposit or cash a check as quickly as possible. Most banks will honour those checks for up to 180 days.

Without a bank account, you can still cash a check by taking it to the bank that issued it or a check cashing business. When someone receives a check, most people either deposit it into their bank account, cash it at their bank, or present their identification and cash the check at the bank that issued it. Pay to the Order of and the name of the third party should be written below your signature.

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What are 3 things you can invest in?

Answers

You can invest in the following 3 things:

Gold is a demanded good that has been appreciated. Also, gold can sell quickly if you need the money.High-yield savings accounts pay you interest on your cash balance.Corporate bonds are debt instruments that a company issues in order to raise capital. At the maturity of the bond, the company returns you the invested money plus the interest generated.

Good tips for investing

Get trained on finance, economy, and investment issues.Define clear investment objectives.Know all the investment options.Know all the risks associated with investments.

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If a firm has a total cost of $200, its profit-maximizing level of output is 10 units, and it is breaking even (that is, earning normal profit), what is the market price

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If a firm has a total cost of $200, its profit-maximizing level of output is 10 units, and it is breaking even, the market price is TC= 200 dollars Q=10 units P= TC/Q= 200 dollars / 10 units = 20 dollars Market price is 20 dollars.

A business, abbreviated as co., is a legal body that represents a group of persons, whether natural, legal, or a combination of the two, with a common goal. Members of a company work together to attain certain, stated goals.

A business can be formed as a legal person so that the firm's liability is restricted when members perform or fail to execute their duties in accordance with the publicly proclaimed incorporation or published policy. When a business shuts, it may be necessary to liquidate it in order to avoid ongoing legal liabilities.

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