a. The $2.50 toll paid on the Florida Turnpike is not considered a tax. A toll is a fee charged for using a specific infrastructure or service, in this case, a roadway.
Tolls are typically imposed to cover the costs of building, maintaining, and operating the infrastructure. While it is a compulsory payment, it is directly linked to the use of the Florida Turnpike, making it more akin to a user fee rather than a tax.
b. The $300 ticket for reckless driving is not a tax. It is a fine imposed by the government as a penalty for violating traffic laws. Fines are intended to deter and punish individuals for specific offenses, such as reckless driving, and are not typically considered taxes. They are not imposed for general revenue purposes but rather as a means of addressing unlawful behavior.
c. The 1 percent local surcharge on hotel rooms to fund public roadways can be considered a tax. A surcharge is an additional fee imposed on a particular good or service. In this case, it is applied to hotel room charges. While it is specifically allocated to fund public roadways, the fact that it is compulsory and imposed on a broad base of consumers makes it similar to a tax. It serves as a revenue source for the government and is not directly tied to the individual use of the roadways.
d. The 2 percent city surcharge on wages earned in the city of Philadelphia is not a tax. A surcharge on wages would typically be considered a tax. However, it is important to note that the information provided is static, and the concept of a city surcharge on wages earned in Philadelphia does not exist as of my knowledge cutoff date in September 2021. Without further context or clarification, it is difficult to provide a comprehensive analysis of this specific scenario.
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formula for calculating weekly salary from yearly salary?
Describe three reasons as to why GM builds cars in China. Should GM do what the USA President wants and move production of cars sold in China from China to the USA? Explain.
Answer:
Three reason why GM build cars in China:
China has lower labor costs. This is the main reason, a Chinese worker earns a lot less than an American worker, and this results in a substantial cost reduction for GM.
China has important economies of scale. The United States also has important economies of scale, but China may have the edge in some economic sectors.
Finally, the third reason is that China has very good infrastructure like trains, roads, and ports, and this facilitates the logistics for GM.
If the president wants GM to move production back in the US, GM could demand better infrastructure (labor costs cannot be lowered, and the economies of scale are already there), and perhaps other complementary incentives like corporate tax reductions, or even subsidies.
what is the farthest thing in space we know about?
That would be the galaxy called MACS0647-JD, Its a long name but If the distance estimate is correct, it formed about 427 million years after the Big Bang. Hope this helps!
Callahan, inc. , sells a forward on ounces of gold to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory. The forward represents a perfect cash flow hedge. When callahan settles the forward, it pays $100,000 to the counterparty. Required: what journal entry(ies) should callahan make prior to and at the settlement date?
Prior to the settlement date, Callahan Inc. should record the fair value of the forward contract as a journal entry, and at the settlement date, they should record the settlement by debiting the Gold Receivable and crediting Cash.
At the settlement date, Callahan Inc. should make the following journal entry to record the settlement of the forward contract:
Dr. Gold Receivable (or Forward Contract Asset) $100,000
Cr. Cash $100,000
The net effect of these journal entries is to record the fair value of the forward contract prior to settlement and then to recognize the cash settlement when it occurs.
By doing so, Callahan Inc. is able to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory, as the gain or loss on the forward contract will offset any changes in the fair value of the gold inventory.
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Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?
Answer:
200 i think sorry if im wrong
Explanation:
With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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"take hundred now is more valuable than take hundred after one year" explain it
Answer:
Today's dollar is worth more than tomorrow's because of inflation (on the side that's unfortunate for you) and compound interest (the side you can make work for you). Inflation increases prices over time, which means that each dollar you own today will buy more in the present time than it will in the future.
After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.
After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.
What is investing?
Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.
Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.
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What type of marketing is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller?.
A type of marketing that is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller is transactional marketing.
What is transactional marketing?
Transactional marketing is one business strategy that focuses on single "point of sale" transactions. This strategy emphasizes is on maximizing the volume and efficiency of individual sales rather than developing a relationship with the buyer. The advantage of this strategy is the cost-effective strategy to build a sales model. It's because the strategy doesn't focus on brand image and the promotional costs are low. The example of transactional marketing is a shopping channel on TV advertising a new product and provides a phone number or website to buy the product in that moment.
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PLEASE HELP WITH THIS DISCUSSION
Labor unions have an important place in American history, and opinions about them vary significantly from person to person. Given the opportunity, would you join a labor union? Why or why not? What do you know about labor unions that would help you make that decision?
Labor unions emerged in the United States during the Industrial Revolution when workers faced unsafe working conditions, long hours, and low pay. Unions gave workers the power to negotiate better wages, benefits, and working conditions through collective bargaining.
If you are considering joining a union, it is important to research the benefits and drawbacks of union membership. Some benefits of being in a union include job security, better pay and benefits, and protection against workplace discrimination. However, unions can also have drawbacks such as mandatory union dues, potential conflicts with management, and the possibility of strikes or work stoppages. Ultimately, whether or not to join a union is a personal decision that depends on your individual circumstances and values.
If you are considering joining a union, it may be helpful to research the union's history, reputation, and current activities to determine if it aligns with your goals and values.
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In turning, the total production cycle cost for one part consists of... Cost of the starting/raw material. Labor and equipment costs. Cost of tooling. All of the above
In turning, the total production cycle cost for one part consists of the cost of starting/raw material, labor and equipment costs, and cost of tooling. all of the above.
This means that to produce a product or component, one needs to consider the cost of the materials, labor, equipment, and tooling used in the production process. All of these costs are important to take into account as they contribute to the overall cost of production. The cost of starting/raw material refers to the cost of the material required to produce the component.
This cost depends on the type of material used and its availability in the market. The labor and equipment costs refer to the cost of hiring and training workers and the cost of using machines and equipment to produce the component. This cost depends on the level of expertise required to operate the equipment and the type of equipment used in the production process.
The cost of tooling refers to the cost of manufacturing the tools required to produce the component. This cost depends on the complexity and size of the component being produced, as well as the type of tools required.All of these costs contribute to the total production cycle cost for one part in turning. Therefore, it is important to keep these costs in mind and find ways to optimize the production process to reduce the overall cost of production.
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Which response core capability involves ensuring the capacity for timely?
Operational Communications is the response core capability that involves ensuring the capacity for timely. Operational Communications is one of the most important thing in the organization management.
Based on the definition of operational communications, Freibger generally defined operational communications as a process that involves bridging communication gaps between the top-level employees and those working boots on the ground. Operational communication can be divided into several types, there are downward operational communication, upward operational communication and horizontal/lateral operational communication. Operational communication is a important thing, it is because operational communication has a function to ensure the capacity for timely communications in support of security, situational awareness, and operations by any and all means available.
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Applying the average cost retail inventory method, Toso's inventory at December 31, 20x1, is estimated at: a. $449,667 b. $458,526 c. $440.000 d. $435.000
To apply the average cost retail inventory method, you need to calculate the cost-to-retail percentage (i.e., dividing the cost of inventory by its retail value). Then, you can apply this percentage to the estimated retail value of Toso's inventory as of December 31, 20x1, to determine its estimated cost.
Assuming that the cost-to-retail percentage for Toso's inventory is 70% (i.e., the cost of inventory is 70% of its retail value), we can calculate the estimated cost of inventory as follows:
Estimated cost = Estimated retail value x Cost-to-retail percentage
Estimated cost = $640,000 x 70%
Estimated cost = $448,000
Therefore, the answer to the question is a. $449,667, which is the closest estimate to our calculated value. The other options (b. $458,526, c. $440.000, and d. $435.000) are not as close to our calculated value and are therefore not the correct answer.
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99. agency is the act of representing someone in the purchase, sale, or lease of a property. subagency is the act of representing:
Agency is the act of representing someone in the purchase, sale, or lease of a property. Subagency is the act of representing a principal who is represented by an agent
The connection that arises when one person or party hires another to perform an action on his behalf, such as performing his work, selling his goods, or managing his business, is defined by the agency. When a real estate agent, for example, acts on behalf of a principal such as a property owner in the acquisition, sale, or lease of a property, that connection is referred to as an agency.
Whereas, when one agent employs another agent to help with the principal's representation, this is known as a subagency. The primary agent in this situation is the original agent, while the subagent represents the same principal but helps with the transaction.
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Bond funds: a) Will lose all value if a single bond defaults b) Are investment bargains because their price is so low c) Are riskier than owning individual corporate bonds d) Spread the risk of individual bonds by collectively owning more and less-risky bonds, with higher and lower rates of return
Answer:
Spread the risk of individual bonds by collectively owning more and less-risky bonds, with higher and lower rates of return
Explanation:
A bond fund is a pooled investment vehicle that invests in various types of bonds. the types of bonds invested in includes cooperate bonds, government bonds and municipal bonds.
The primary objective of bond funds is to generate revenue for investors
Because bond fund is an aggregation of various types of bonds, the risk of the bond fund is lower than the risk of holding any corporate bonds. This is because risks are spread.
Spell all words correctly.
Identify the marketing research technique implied in the scenario.
A sports beverage company has created a new ad for their product to alr on television. After the ad alrs, they intend to show the ad to a certain
number of customers and then ask them for their feedback regarding the ad. This company is engaging in the
market research technique.
The marketing research technique implied in the scenario is "advertising research."
What is marketing research?Generally, Marketing research is the process of gathering and analyzing information about consumers, competitors, and the market environment to inform a company's marketing strategy and decisions. It typically involves collecting data through surveys, focus groups, interviews, and other methods, and then analyzing the data to gain insights about customer preferences and behaviors.
Correct! The marketing research technique implied in the scenario is advertising research, specifically pre-testing an advertisement before it airs to a larger audience.
This helps companies ensure that their advertising messages are effective and resonate with their target audience.
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which of the following can impact your credit score
The number of times you choose credit when given the choice between debit and credit at a register
you’re a debit to credit ratio
if you buy items at full price or at a discounted price when using credit
Types of items you’re buying using credit
Answer: B. your Debt to Credit ratio
Explanation:
Your debt to credit ratio is important to lenders because it shows whether you spend wisely when given debt.
Debt to credit is measured as the percentage of debt you have given your credit limit. If for instance you have a credit card limit of $50,000 and have debt of $10,000, your debt to credit ratio is:
= 10,000/50,000 * 100
= 20%
Generally the lower this ratio, the better the contribution to your credit score.
In 2019, McKenzie purchased qualifying equipment for his business that cost $212,000. The taxable income of the business for the year is $5,600 before consideration of any Section 179 deduction.
a. Calculate McKenzie’s Section 179 expense deduction for 2019 and any carryover to 2020.
b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment instead of using Section 179 expensing?
Answer:
A) The cost reduction for 2019 is $5,600. His accumulation to 2020 from Sec 179 is $206,400.
B) The allowance for spending is $0 for 2019. His accumulation to 2020 with Sec 179 is $0.0.
Explanation:
1) As per sections 179, a total of $212,000 is available for deduction, but the payment is related to taxable investment income as a restriction. Company revenue here is $5,600. Exemption is then decreased to $5,600 and holdover to nest year without $206,400 is the residual expense.
2) When we seek extra first-year expense, regardless of taxable business profits, we will claim the entire equipment costs as a deductible. So, Section 179 is going to be Zero and there's no reason to roll on to next term because in the first last year we were claiming maximum costs.
Raw materials that physically become part of the product and can be traced to specific units or batches of product are called: a) Raw materials sold b) Chargeable materials c) Goods in process d) Indirect materials d) Direct materials
d) Direct materials are the raw materials that physically become part of the product and can be traced to specific units or batches of the product.
Direct materials are the materials that are directly used in the production process and can be easily identified with specific units or batches of the final product. These materials physically become part of the finished product and are essential for its production. They can be directly traced and allocated to specific units of the product.
Direct materials are different from indirect materials, which are materials that are not directly incorporated into the final product but are still necessary for the production process. Indirect materials do not become part of the product and cannot be easily traced to specific units.
Therefore, in the given options, the correct answer is d) Direct materials, as they are the raw materials that physically become part of the product and can be traced to specific units or batches of the product.
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A firm has a profit margin of 10%, an asset turnover of 1.2, an equity multiplier of 1.3, and an earnings retention ratio of 0.5. What is the firm's internal growth rate?
The firm's internal growth rate is 7.86%.
To find the internal growth rate, we can use the formula: Internal Growth Rate = ROE × Retention Ratio / (1 - ROE × Retention Ratio). First, we need to calculate the firm's Return on Equity (ROE) using the DuPont Analysis formula: ROE = Profit Margin × Asset Turnover × Equity Multiplier.
Step 1: Calculate ROE
ROE = 0.1 (Profit Margin) × 1.2 (Asset Turnover) × 1.3 (Equity Multiplier)
ROE = 0.156
Step 2: Calculate Internal Growth Rate
Internal Growth Rate = 0.156 (ROE) × 0.5 (Retention Ratio) / (1 - 0.156 × 0.5)
Internal Growth Rate ≈ 0.0786
The firm's internal growth rate is approximately 7.86%. This indicates that, with its current financial performance, the firm can grow at a rate of 7.86% annually using its retained earnings without any additional external financing.
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you plan to purchase a house for $170,000 using a 30-year mortgage obtained from your local bank. you will make a down payment of 25 percent of the purchase price. you will not pay off the mortgage early. assume the homeowner will remain in the house for the full term and ignore taxes in your analysis. a. your bank offers you the following two options for payment. which option should you choose? b. your bank offers you the following two options for payments. which option should you choose?
a. To choose between the two options, we need to compare the total cost of each loan. Option 2 has a lower total cost ($239,908.00) compared to Option 1 ($245,470.80). Therefore, Option 2 is the better choice.
b. Based on the calculations, the better option is Option 2: 4.75% fixed interest rate, 1 point, no origination fee.
To determine which payment option is better, we need to calculate the monthly mortgage payment for each option. Here are the steps to do that:
Calculate the amount of the down payment:
Down payment = 25% of $170,000 = $42,500
Calculate the amount of the loan:
Loan amount = Purchase price - Down payment = $170,000 - $42,500 = $127,500
Find the monthly interest rate:
Annual interest rate = 5%
Monthly interest rate = 5% / 12 = 0.4167%
Calculate the monthly mortgage payment for Option 1:
Option 1: 5% fixed interest rate, no points, no origination fee
Using a mortgage calculator or a formula, we can find that the monthly mortgage payment for a 30-year, $127,500 loan at 5% interest rate is $683.53.
Calculate the total cost of the loan for Option 1:
Total cost = Monthly payment x Total number of payments = $683.53 x 360 = $245,470.80
Calculate the monthly mortgage payment for Option 2:
Option 2: 4.75% fixed interest rate, 1 point, no origination fee
Using the same method as before, we can find that the monthly mortgage payment for a 30-year, $127,500 loan at 4.75% interest rate is $665.30.
Calculate the total cost of the loan for Option 2:
Total cost = Monthly payment x Total number of payments + Points paid upfront = $665.30 x 360 + $1,275 = $239,908.00
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The number of seats a table can have is usually expressed as the number and the word "top". You can have 17, 4-top tables, 28, 2-top tables, 15, 6-top tables and 5, 10-top tables. How many can your restaurant seat?
A) 244 seats
B) 264 seats
C) 288 seats
D) None of the above
Answer:
B) 264 seats
Explanation:
'Top' is the number of seats per table.
17 tables with 4 seats will have
17 x 4 = 68 people
28 2-top tables
28 x 2 =56 seats
15, 6-top tables
15 x 6 =90 seats
5, 10-top tables.
5x10 = 50 seats
Total number of people who can seat
= 68 + 56 +90 +50
=264 seats
How are the terms defined?
Drag each definition to match the term it describes.
1. Innovative
2. Executive summary
3. Inquisitiveness
4. Informational interview
5. Networking
6. Entrepreneur
7. Change agent
8. Entrepreneurship
9. Persistence
10. Career exploration
11. Marketing
12. Personal initiative
A. The cause of change
B. Eager for knowledge
C. A meeting in which you gather information from another person
D. The total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling
E. A concise of the entire plan along with a history of your company
F. Continuing or repeating behavior
G. Using the connections among people to help another reach important goals
H. Being or producing something like nothing done or experienced or created before
I. Personal readiness and ability to take action
J. The process of learning about careers that interest you
K. The practice of starting new organizations, particularly new businesses generally in response to identified opportunities
L. Someone who organizes a business venture and assumes the risk for it
The definition can be matched to the term as ;
Innovative -; Being forming something like nothing done.Executive summary ; E. A concise of the entire plan along with a history of your companyInquisitiveness ; Eager for knowledgeInformational interview ; A meeting in which you gather information from another personNetworking ; Using the connections among people to help another reach important goalsEntrepreneur ; Someone who organizes a business venture and assumes the risk for itChange agent; The cause of changeEntrepreneurship; The practice of starting new organizations, particularly new businesses generally in response to identified opportunitiesPersistence ; Continuing or repeating behaviorCareer exploration - J. The process of learning about careers that interest you.Marketing ;The total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and sellingPersonal initiative ; Personal readiness and ability to take actionWhat are definitions?Definition serves as the term that express the way a particular word is been explained in broader sense so that people can be able to know more abut the term , for instance, innovation is the art of discovery new thing.
Entrepreneurship is the act of pursuing an idea after having it, typically with the goal of upending the market with a novel good or service. It should be noted that entrepreneurship can be seen that do start as tiny firm, having a long-term goal which is to target high profits as well as seize market share .
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Jerry and Anat each own a bicycle tire shop and sell bicycle tires. Suppose the equilibrium price for bicycle tires is $42 but the market price falls to $37. Neither is able to earn a profit at the lower price, and both go out of business. If there are no other sellers in this market, what effect does this have on producer surplus
Answer:
Producer surplus decreases to zero
Explanation:
RKI Instruments borrowed $4,300,000 from a private equity firm for expansion of its facility for manufacturing carbon monoxide monitors. The company repaid the loan after 1 year with a single payment of $5,225,000. What was the interest rate on the loan
Answer:
21.51%
Explanation:
RKI instruments borrowed $4,300,000 from a private equity firm to expand its facility.
A year after the loan was repaid with a single payment of $5,225,000
Therefore the interest rate on the loan can be calculated as follows
= 5,225,000-4,300,000/4,300,000 × 100
= 925,000/4,300,000 × 100
= 0.2151 × 100
= 21.51%
Hence the interest rate of the loan is 21.51%
4. Now that you've had this experience, do you feel compelled to follow this person on Twitter? Why
or why not?
Answer:
No.
Explanation:
I know nothing about this person.
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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an individual's taxable income equals adjusted gross income less the greater of the standard deduction or itemized deductions less the qbi deduction. true or false
A tax simply means a compulsory financial levy that is imposed on a taxpayer by a governmental organization to fund government expenditures.
Why is my standard deduction more than my income?Many people may also find the standard deduction amount greater than the total that they could reach if they added up all their eligible tax-deductible expenses separately. Whether you use the standard deduction or itemize your deductions is up to you, but you cannot do both.The standard deduction amount typically increase each year due to inflation. You usually have the option of claiming the standard deduction or itemizing your deductions. However, you can't claim both in the same year.Taxation refers to an involuntary and compulsory fee that are usually levied on individuals or business firms (entities) by the government, in order to generate revenues which are used in funding public institutions and activities.Taxable income can be defined as an individual or a business firm's earnings (amount of income) that is used by federal or state authorities, as a base to determine the tax to be levied on them.
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In the _________ phase of BPI, the BPI team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Answer:
Measure.
Explanation:
In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Business Process Improvement (BPI) can be defined as an incremental approach, in which an organization focuses on limiting variation in the process outputs by searching for the main causes of the variation among process inputs or in the process itself.
The main steps of the Business Process Improvement (BPI) includes; mapping, analysis, redesign, implementation, reflection and benchmarking.
Additionally, some of the methodologies used for the Business Process Improvement (BPI) are Six Sigma, Total Quality Management (TQM), Lean etc.
Answer:
Explanation:
In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
What do you call a website or e-mail address that is created to look like it comes
from a legitimate source? Choose the answer.
pharming
spoofing
spyware
none of the above
Answer:
this would be called spoofing.
Spoofing is called as a website or e-mail address that is created to look like it comes from a legitimate source.
What is legitimate source?
Legitimate source is defined as according to the law, something that is legal is acceptable.
It can also be defined as the electoral register is a genuine source of information that is currently available to the public.
A reputable source is defined as the one that has been written by an expert in their field and is free of errors and bias.
A trustworthy source is defined as the one that offers a detailed, well-reasoned idea, argument, or discussion based on solid evidence.
Thus, spoofing is called as a website or e-mail address that is created to look like it comes from a legitimate source.
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