Enron was a major scandal that occurred in the early 2000s, specifically coming to light in 2001. The scandal involved the energy company Enron Corporation, based in Houston, Texas.
The scandal unfolded in 2001 when Enron filed for bankruptcy in December of that year. However, the fraudulent activities had been occurring for several years leading up to this point.The main players responsible for the scandal were top executives within Enron, including CEO Jeffrey Skilling, Chairman Kenneth Lay, and CFO Andrew Fastow. These individuals played key roles in orchestrating and perpetuating the fraudulent activities.The fraudulent practices at Enron involved complex accounting manipulations and misleading financial reporting. One of the main schemes was the creation of Special Purpose Entities (SPEs) by CFO Andrew Fastow. These off-balance-sheet entities allowed Enron to hide debt and inflate profits. Additionally, the company engaged in mark-to-market accounting, inflating the value of its assets and understating liabilities.The impact of the Enron scandal was significant. Enron's bankruptcy resulted in one of the largest corporate failures in U.S. history at the time. Shareholders lost billions of dollars as the stock price plummeted, and thousands of employees lost their jobs and retirement savings.The scandal also led to the collapse of the accounting firm Arthur Andersen, which was Enron's auditor. The overall financial impact of the scandal was estimated to be in the billions of dollars, and it resulted in increased regulatory scrutiny and reforms in corporate governance and accounting practices.
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According to shariah, anything that has economic value is considered wealth
According to shari'ah, something that has a financial price is taken into consideration by wealth. An approach of exercising non-public opinion so that it will keep away from any tension and unfairness that could end result from the literal enforcement of the present law.
What is the Sharia financial system?Sharia financial system has skilled speedy improvement withinside the ultimate decades. The important influencing thing is a boom withinside the quantity of Muslim populace, in an effort to attain 27.5% of the sector populace in 2030.
Therefore, the given statement is true.
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Why do we need to carefully plan the operations of the business?
Answer:
hi nhi pata bhai soery. long
While most employees take a job because of the advertised level of pay, many stay with a job because of the ______ associated with it. a. experience rating b. benefits package c. contribution plan d. variable pay
Most employees take the job based on the salary package written in the job advertisement but many of them will stay in that job due to the experience rating given by other employees about a company.
Option A is the correct answer.
Who is an employee?An employee is an individual hired by the employer or HR of that company for a particular job vacancy. The hiring is basically done on the basis of the job profile and the work profile of that individual.
An experience rating is the rating given by the employees on their perspectives in a particular company starting from the first day of the job till their exit from that job. It enables other employees to know about the work culture and policies of that company before taking any employment. It can be positive or negative depending on the perspective of an employee.
Therefore, the experience rating can be the reason for staying of an employee in a particular job apart from the salary package.
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a commuter railway has 800 passengers per day and charges each one two dollars per day. for each 1 cents that the fare is increased, 5 fewer people will go by train. what is the greatest profit that can be earned?
The biggest profit that can be made is $ 4,050 with 450 passengers.
To know how many passengers the train needs to obtain the greatest profit, it is necessary to carry out the following operation.
Subtract 5 passengers from the total passengers, and then multiply the result by $ 2.1 as shown below:800 - 5 = 495795 x $ 2.1 = $ 1,680This operation must be carried out repeatedly, decreasing by 5 passengers and increasing the value of the railway ticket by $ 0.1.
The highest value of gain that can be found with this procedure is as follows:
800 - 350 = 450450 x $ 9.0 = $ 4,050.Learn more in: https://brainly.com/question/14918190
Demand for salads is normally distributed. the mean of demand is 520 salads per day and the standard deviation of demand is 59 salads per day. What is the probability of daily demand being between 372 and 653 salads?
The probability of daily demand being between 372 and 653 salads is approximately 0.9816 or 98.16%.
To determine the probability of daily demand being between 372 and 653 salads, we can use the Z-score formula, which is (X - μ) / σ, where X is the value, μ is the mean, and σ is the standard deviation.
First, we calculate the Z-scores for the given range:
Z1 = (372 - 520) / 59 = -2.51 (approximately)
Z2 = (653 - 520) / 59 = 2.25 (approximately)
Next, we look up the probabilities associated with these Z-scores from a standard normal distribution table. The probabilities for Z1 and Z2 are:
P(Z1) = 0.0062 (approximately)
P(Z2) = 0.9878 (approximately)
To find the probability of daily demand being between 372 and 653 salads, we need to calculate the difference between P(Z2) and P(Z1):
P(372 < X < 653) = P(Z2) - P(Z1) = 0.9878 - 0.0062 = 0.9816
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
Me piden que observe diferentes medios de comunicacion para identificar el nombre y una referencia a un gerente
La respuesta correcta para esta pregunta abierta es la siguiente.
Si lo que te pidieron es observar diferentes medios de comunicación para identificar el nombre y una referencia a un gerente, te podemos compartir la siguiente información.
No nos especificas a qué país te refieres o el país donde tú vives, así que elegiremos televisoras internacionales.
Estas son Telemundo, Univisión. CNN en Español, Grupo Televisa, Grupo Imagen. y Grupo TV Azteca. Los directivos-gerentes de estas dos últimas son magnates de la comunicación, hombres de negocio millonarios con gran influencia a nivel Latinoamérica. Me refiero a Ricardo Salinas, de Grupo Salinas, dueño de TV Azteca, y Olegario Vázquez, dueño de Grupo Imagen.
agents & advisors key to annuities & ethical conduct exam answers
Agents and advisors play a crucial role in the annuities industry and are expected to uphold ethical conduct standards. Agents and advisors are essential in the annuities industry as they act as intermediaries between the insurance company offering annuities and the individuals purchasing these financial products.
Their role involves providing guidance, recommendations, and assistance to clients in understanding annuities, assessing their needs, and making informed decisions. Ethical conduct is of utmost importance for agents and advisors in the annuities industry. They are expected to adhere to professional and regulatory standards, including acting in the best interest of their clients, providing accurate and transparent information, avoiding conflicts of interest, and maintaining confidentiality. Ethical conduct ensures that agents and advisors prioritize the well-being of their clients and build trust in the industry.
Examinations related to annuities and ethical conduct are designed to assess agents and advisors' knowledge and understanding of the ethical responsibilities associated with selling annuities. By successfully completing these exams, agents and advisors demonstrate their commitment to ethical practices, ensuring consumer protection and maintaining the integrity of the annuities market.
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What system did merchants in early centuries use to make commercial transactions easier
In the early centuries, merchants made use of the Mercantilism system for commercial transactions.
What is Mercantilism?In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.
Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.
According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.
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The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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when total planned real expenditures change due to the changes in net exports, this is known as the
a. aggregate balances effect
b. interest rate effect
c. open economy effect
d. real-balance effect
When total planned real expenditures change due to the changes in net exports, this is known as the open economy effect. The open economy effect refers to the impact that changes in international trade have on a country's economy.
It is a term used in macroeconomics to describe how a change in net exports can affect the overall level of planned real expenditures in an economy.Net exports are the difference between a country's exports and imports. A positive net export means that a country is exporting more than it is importing, while a negative net export means that a country is importing more than it is exporting. Changes in net exports can occur for a variety of reasons, including changes in exchange rates, changes in the global economy, or changes in a country's trade policies.When net exports change, they can have a significant impact on the overall level of planned real expenditures in an economy. This is because changes in net exports affect the amount of goods and services that are available in the domestic market. If a country's net exports increase, this means that there are more goods and services available in the domestic market. This, in turn, can lead to an increase in planned real expenditures, as consumers have more money to spend and businesses have more opportunities to invest.
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According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was subject to the 1.5% Medicare tax. Federal income tax withheld was $98,000. Also, $15,000 was subject to state (4.2%) and federal (0.8%) unemployment taxes. The journal entry to record accrued salaries would include a
Answer: See explanation
Explanation:
The journal entry to record accrued salaries would be calculated thus:
Dr FICA expenses $34500
Dr Federal unemployment tax $120
Dr State unemployment tax $630
Cr FICA tax payable $34500
Cr Federal unemployment tax payable $120
Cr State unemployment tax payable $630
Note:
Social security tax = $450000 × 6% = $27000
Medicare tax = $500000 × 1.5% = $7500
FICA tax = $27000 + $7500 = $34500
Federal unemployment tax = $15000 × 0.8% = $120
State unemployment tax = $15000 × 4.2% = $630
2. In a geometric series the first term is 36, the last term is 16 and the sum of
the series is 76. Determine the common ratio and the number of terms in the
sequence
Explanation:
In a geometric series the first term is 36, the last term is 16 and the sum of
the series is 76. Determine the common ratio and the number of terms in the
sequence
Imagine you are the HR Director for an organization that is planning to do business in one of these countries; Germany, Japan, france, neitherlands, west africa, russia and mainland china.
Briefly respond to this prompts
Which of those countries fascinates you the most, and why?
According to the information in that table, what are the key cultural differences between the United States and the country you chose? In that other country, how effective do you think each of the following practices will be, and why?
Extensive assessment of individual abilities for selection
Individually based appraisal systems
Suggestion systems
Self-managing work teams
Understanding and adapting to the cultural differences in Japan is crucial for effective HR practices.
As the HR Director for an organization planning to do business in various countries, one country that fascinates me the most is Japan. This is due to its unique blend of ancient traditions and modern technology, which creates an intriguing business environment. In Japan, there are several key cultural differences when compared to the United States:
1. Group Orientation: Japan emphasizes collectivism, while the United States focuses more on individualism. This affects decision-making processes and the importance of consensus.
2. Hierarchy and Respect: Japan places a strong emphasis on hierarchy and respect for authority figures, whereas the United States has a more egalitarian approach.
3. Communication Style: Japan tends to have indirect communication, relying on non-verbal cues and reading between the lines. In contrast, the United States typically favors direct and explicit communication.
Regarding the effectiveness of certain practices in Japan:
1. Extensive assessment of individual abilities for selection: This practice may be less effective in Japan, as they prioritize group harmony and team cohesion over individual achievements.
2. Individually based appraisal systems: While individual performance is acknowledged, the focus in Japan is on the overall team's success. Therefore, individually based appraisal systems may be less effective.
3. Suggestion systems: Japan has a culture of continuous improvement, so suggestion systems can be effective if they align with the collective goals and values of the organization.
4. Self-managing work teams: Self-managing work teams may face challenges in Japan due to the hierarchical nature of the culture. However, with proper training and support, they can be effective in promoting employee empowerment and collaboration.
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F is considered as an _____________ factorand q is considered an ___________ factorGroup of answer choicesinternal, externalinternal; internalexternal; internalnone of the choicesexternal; exte
Internal factors are those which are within the control of a company and can be changed by the organization. These factors include strategies, organizational structure, leadership and culture, employee productivity, and marketing and sales initiatives.
External factors are anything outside of the company's control and can include the economy, competition, technology, political environment, and social and demographic changes. These factors can have an impact on the success of the organization, but the organization cannot directly control them.
For example, an organization may be able to control its internal factors, such as its marketing and sales initiatives, but it cannot control external factors such as the economy or competition.
The organization may be able to make changes to its pricing, product offerings, and marketing strategies in response to changes in the external environment, but it cannot control the overall economic conditions or the actions of its competitors. Therefore, internal factors are the primary determinant of a company's success or failure, while external factors are often secondary.
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Techniques to increase productivity in the performance of discrete tasks, by requiring less human labor in each step of the production process, are widely utilized. Consultants on productivity enhancement point out, however, that although these techniques achieve their specific goal, they are not without drawbacks. They often instill enough resentment in the workforce eventually to lead to a slowdown in the production process as a whole.
Which of the following can be reasonably inferred from the statements above?
A. Productivity enhancement techniques do not attain their intended purpose and should not be employed in the workplace.
B. The fact that productivity enhancement techniques are so widely employed has led to a decline in the ability of American businesses to compete abroad.
C. If productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result.
D. Ironically, an increase in the productivity of discrete tasks may result in a decrease in the productivity of the whole production process.
E. Production managers are dissatisfied with the efforts that productivity enhancement consultants have made to increase productivity.
The reasonably inferred from the statement can be if productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result. Thus, the correct option is (C).
Productivity tactics are ways that assist you get into productive flow states, allowing you to cut to quality with minimal effort. Most productivity tactics are based on behavioral science and are designed to take advantage of how your brain operates.
Capital productivity, material productivity, labor productivity, and total factor productivity are the four main forms of productivity measurements.
Productivity in the service industry may be measured by the number of jobs completed or clients serviced in a particular time period.
Other indicators include whether the service provided matched corporate or customer requirements and whether performance deadlines were fulfilled.
Therefore, the correct option is "C".
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what form of capital does vodacom obtain
Sheila Marie Abducted by Aliens
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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jason manages credit and collections at barkatorium pet supplies. he is responsible for accounts receivable and accounts payable. these activities suggest that jason's job is in financial management.
False. Jason manages credit and collections at barkatorium pet supplies. he is responsible for accounts receivable and accounts payable. these activities suggest that jason's job is in financial management.
While Jason's role at Barkatorium Pet Supplies involves managing credit and collections, as well as handling accounts receivable and accounts payable, it does not necessarily indicate that his job is in financial management. Financial management typically refers to roles that involve overseeing the overall financial operations and strategies of an organization, including financial planning, budgeting, investment decisions, and financial analysis. While credit and collections are related to financial activities, they are more specific to managing the creditworthiness of customers and ensuring timely payments. Jason's role may fall under credit management or accounts receivable management, which are specialized functions within financial operations.
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Explain the types of accounts
Answer:
Hi there!
For accounting treatment , accounts are broadly classified into three types as personal account , real account and nominal account or fictitious account. They are as follows:
Personal accountThe account which is related with a person or organization ( entity ), is termed as personal account. Here person means natural persons like Anna , Olivia , James etc and organization represents the artificial persons created by law. The rule for debit and credit for personal accounts is ;
Debit : The receiver
Credit : The giver
Real accountThe account which is related with assets or property is known as real account. Land and building , plant and machinery, and furniture and fixtures are the examples of the real account. Properties or assets are either incoming or outgoing from the organization. The rule for real account is ;
Debit : What comes in
Credit : What goes out
Nominal accountThe account which is related to expenses or loss and income or gain is known as nominal account. Rent , wages , salary , discount , interest and commission are the examples of nominal account. The rule of nominal account is;
Debit : the expenses or losses
Credit : the income or gains
Hope this helps..
Best regards!!
Explanation:
3 Different types of accounts in accounting are Real, Personal, and Nominal Account. Real account is then classified into two subcategories – Intangible real account, Tangible real account. Also, three different sub-types of Personal account are Natural, Representative, and Artificial.
PERSONAL ACCOUNT:
These accounts types are related to persons. These persons may be natural persons like Tom’s account, Sam’s account, etc.
These persons can also be artificial persons like partnership firms, companies, bodies corporate, an association of persons, etc.
There can be personal representative accounts as well.
Rule for this Account
Debit the receiver. Credit the Giver.REAL ACCOUNT:
These account types are related to assets or properties. They are further classified as Tangible real account and Intangible real accounts.
1.Tangible Real Accounts
These include assets that have a physical existence and can be touched. For example – Building A/c, cash A/c, stationery A/c, inventory A/c, etc.
2.Intangible Real Accounts
These assets do not have any physical existence and cannot be touched. However, these can be measured in terms of money and have value. For Example – Goodwill, Patent, Copyright, Trademark, etc.
Real Account Rules
Debit what comes into the business. Credit what goes out of business.NOMINAL ACCOUNT:
These accounts types are related to income or gains and expenses or losses. For example: – Rent A/c, commission received A/c, salary A/c, wages A/c, conveyance A/c, etc.
Rules
Debit all the expenses and losses of the business. Credit the incomes and gains of business.There are some other accounts in accounting as well:
Cash Account – This account is used for keeping the records of payments done by cash, withdrawals, and deposits.
Income Account – The Purpose of this account is to keep the record of the income sources of business.
Expense Account – This account tracks the expenditure of the business.
Liabilities – If there is any debt or loan then that amount comes under liabilities.
Equities – If there is an investment of the account owner or common stocks, retained earnings then these will fall under equities.
The United States wanted overseas territories because the territories had a the territories had no raw materials. b customers who would buy U.S. products. c connections with European nations. d access to ports.
The U.S. wanted the overseas territories because the territories had customers who would buy U.S. products and access to ports.
What are overseas territories?
An acquisition of overseas territories is an act of imperialism whereby a country dominates the other countries because of its Military, financial etc abilities.
For instance, the U.S. acquired some overseas territory because they see a good benefit of such country acquisition.
Hence, some reason that U.S. wanted the overseas territories includes because the territories had customers who would buy U.S. products and access to ports.
Therefore, the Option B and D is correct.
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Y3K, Inc., has sales of $6,209, total assets of $2,825, and a debt-equity ratio of 1.10. If its return on equity is 11 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Y3K, Inc., has sales of $6,209, total assets of $2,825, and a debt-equity ratio of 1.10. If its return on equity is 11 percent, the net income of Y3K, Inc., is $147.97.
To calculate the net income of Y3K, Inc., we can use the formula:
Return on equity = Net income / Shareholder's equity
We are given the return on equity as 11%, and we can calculate the shareholder's equity as:
Shareholder's equity = Total assets - Total debt
The debt-equity ratio is given as 1.10, which means that the total debt is 1.10 times the shareholder's equity. We can set up an equation to solve for the total debt:
Total debt = 1.10 x Shareholder's equity
Substituting the values, we get:
Total debt = 1.10 x (Total assets - Total debt)
Total debt = 1.10 x (2,825 - Total debt)
Total debt = 3,107.5 - 1.10 x Total debt
2.10 x Total debt = 3,107.5
Total debt = 1,479.76
Now, we can calculate the shareholder's equity:
Shareholder's equity = Total assets - Total debt
Shareholder's equity = 2,825 - 1,479.76
Shareholder's equity = 1,345.24
Finally, we can use the return on equity formula to calculate the net income:
11% = Net income / 1,345.24
Net income = 11% x 1,345.24
Net income = $147.97
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The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
have a good day
A physical item that can be touched is called
Answer:
Persom
Explanation:
what is the Starbucks similar companies?
Starbucks is a multinational coffee company that operates in over 80 countries worldwide. Some of the companies that are similar to Starbucks in terms of the services they offer and their business models include:
Dunkin' Donuts: Dunkin' Donuts is an American-based coffee and doughnut company that operates in more than 30 countries. The company offers a similar range of coffee drinks and baked goods as Starbucks.Costa Coffee: Costa Coffee is a British coffee company that operates in over 30 countries. The company offers a range of coffee drinks, pastries, and snacks.Tim Hortons: Tim Hortons is a Canadian-based coffee and doughnut company that operates in over 14 countries. The company offers a similar range of coffee drinks and baked goods as Starbucks.Peet's Coffee: Peet's Coffee is an American-based coffee company that operates in over 10 countries. The company offers a range of coffee drinks, teas, and pastries.Caribou Coffee: Caribou Coffee is an American-based coffee company that operates in over 10 countries. The company offers a range of coffee drinks, teas, and baked goods.Overall, these companies are similar to Starbucks in terms of the products and services they offer, and the way they operate their businesses. However, Starbucks has a unique brand identity and customer experience that sets it apart from its competitors.
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when a tax is imposed on a good, the resulting decrease in consumer surplus is always larger than the resulting decrease in producer surplus. group of answer choices true false
When a tax is imposed on a good, the resulting decrease in consumer surplus is always larger than the resulting decrease in producer surplus. This statement is False.
About consumer surplusA tax is an amount of money paid to the government for the things people buy or do. Consumer surplus is the difference between the total amount consumers are willing to pay for a good and the actual amount they pay.
Producer surplus is the difference between the actual amount producers receive for a good and the minimum amount they are willing to accept.
When a tax is imposed on a good, the resulting decrease in consumer surplus is not always larger than the resulting decrease in producer surplus. A tax can be placed in such a way that the decrease in consumer surplus is smaller than the decrease in producer surplus.
The difference between the decrease in consumer surplus and the decrease in producer surplus is the tax revenue for the government. Therefore, the statement is False.
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Luis, a professional chef, has carefully developed a set of product attributes for his new line of seasoning mixes, such as the brand name, features/design, and quality level. Luis is developing the.
For his new product of seasonings mixes, Luis, a trained chef, has meticulously designed a set of product characteristics, including the brand name, functionality, and quality rate. Luis is developing the actual product.
What is a product?An intangible marketing strategy that is employed to call for a business and its products or one of its many market segments can be described as a brand. It basically functions as a signal that the client can use to explain the goods.
As Luis has a whole plan which is justified and all the things are ready for it then he's starting a new product line that will help in developing the product, product characteristics, as well as the marketing strategy and brand name, which will be implemented. Thi8s is an actual product development.
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Which of the following techniques is NOT a technique for dealing with a bottleneck?
A. Schedule throughput to match the capacity of the bottleneck.
B.Have cross-trained employees available to keep the constraint at full operation.
C. Develop alternate routings.
D. Increase the capacity of the constraint.
E. All are techniques for dealing with bottlenecks.
D. Increase the capacity of the constraint is not a technique for dealing with a bottleneck.
When dealing with a bottleneck, it is important to remember that increasing the capacity of the constraint is not necessarily the best solution.
There are other, more effective techniques to help manage bottlenecks and optimize a system’s performance, such as re-balancing workloads, reorganizing processes, and utilizing automation.
The right solution will depend on the specific bottleneck and the system dynamics, but it is important to consider all of the options before committing to a strategy.
One way to address a bottleneck in your business is to increase the capacity of the constraint.
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Kurt's Adventures, Inc. stock is quite cyclical. In a boom economy, the stock is expected to return 30% in comparison to 12% in a normal economy and a negative 20% in a recessionary period. The probability of a recession is 15%. There is a 30% chance of a boom economy. The remainder of the time the economy will be at normal levels. What is the standard deviation of the returns on Kurt's Adventures, Inc. stock
Answer:
15.83%
Explanation:
Calculation to determine is the standard deviation of the returns on Kurt’s Adventures, Inc. stock
First step is to determine l E(r)
E(r) = (.30 *.30) + (.55 *.12) + (.15 *-.20)
E(r)= .09 + .066 -.03
E(r)= .126
Second step is to determine Var
Var = .30 *(.30 -.126)^2 + .55 *(.12 -.126)^2 + .15 *(-.20 -.126)
Var=0090828 +.0000198 + .0159414
Var= .025044
Now let determine the Std dev
Std dev = √.025044 = .15825
Std dev= 15.83 percent
Therefore the standard deviation of the returns on Kurt’s Adventures, Inc. stock.is 15.83 percent
what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.