A company prepares various types of budgets to regulate its expenditures.
The correct answer is c. Strategic Budget.
What is a budget?A Budget is a regulation of revenue and expenditures of a company. It is presented in tabular form which makes it easy to understand.
The budget is often prepared monthly in a corporation but sometimes there are special budgets prepared for one off projects.
These budgets are prepared by managerial staff of various departments which are summarized into master budget and then they are presented to the board of directors for review purposes.
A strategic budget is prepared with a long term view. The budget includes projections of revenue and expenditures of more than one year period.
The companies management prepares these types of budgets to have a long term view of company's position.
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Tommy is the ceo of a private start-up firm that is valued at just over $1.2 billion dollars. His firm can be classified as being a?
Tommy is the CEO of a private start-up firm that is valued at just over $1.2 billion dollars. His firm can be classified as a unicorn. Option B
This is further explained below.
What is a unicorn?Generally, A unicorn company is one that has a value of at least $1 billion but has not yet been listed on a stock exchange. Unicorn firms are the ambition of each technology entrepreneur.
In conclusion, Tommy serves as the Chief Executive Officer of a private start-up company that is now valued at little more than $1.2 billion dollars. A unicorn accurately describes his company's status. Alternative
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Complete Question
Tommy is the CEO of a private start-up firm that is valued at just over $1.2 billion dollars. His firm can be classified as being a
A) highly differentiated firm.
B) unicorn.
C) conglomerate.
D) dominate firm.
Janet lives in miami and has low to moderate income. she wants to buy a home in miami priced at $150,000 but doesn’t have enough savings to put up the 20% down payment on a conventional mortgage. since she isn’t part of a military family, which type of loan should janet consider obtaining for her mortgage?
Janet lives in Miami and has a low to moderate income. she wants to buy a home in Miami priced at $150,000 but doesn’t have enough savings to put up the 20% down payment on a conventional mortgage. since she isn’t part of a military family, which type of loan should Janet consider obtaining for her mortgage is an FHA loan.
What is a loan?
A loan is the lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities. The recipient, or borrower, incurs a debt and is often responsible for both the main amount borrowed as well as interest payments on the debt until it is repaid.The promissory note used to prove the obligation will typically include information like the principal amount borrowed, the interest rate the lender is charging, and the due date for repayment.What is income?Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is hard to define, and different fields may have distinct definitions. A person's income in an economic sense, for instance, can differ from their income in legal terms. Haig-Simons income, which defines income as Consumption + Change in Net Worth and is commonly applied in economics, is a very significant definition of income.Learn more about loan here:
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When a firm or industry sells products on the world market at prices below the cost of production, this known as:_________
When a firm or industry sells products on the world market at prices below the cost of production, this known as dumping.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Industries are usually classified according to the goods and services they produce. For example, the pizza industry includes all producers who produce pizza and sell it on the market. It is important to note that in order for a pizza maker to belong in the pizza industry, the products they make must be marketed.
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An evaluation tool that collects feedback from manager, peers, direct reports, and customers is called?
An evaluation tool that collects feedback from managers, peers, direct reports, and customers is called 360 assessment.
Please clarify why you are asking. Putting your direct reports in the awkward position of having to guess why they are asking for feedback only adds to their discomfort. Instead, be proactive and explain why you need their help.
360-degree feedback (also called multi-rater feedback, multi-source feedback, or multi-source evaluation) comes from employees' process of soliciting feedback and self-evaluation by employees themselves.
Evaluation Tool means any written means of assessing teacher performance that is required by law.
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Effective apologies are timely, ___________, non-defensive, and exercise caution.
Effective apologies are timely, personal, non-defensive, and exercise caution. Humans often apologize in order to acknowledge and remedy a problem. It's more than just learned habit in company.
Apologies are crucial component of growth plan. This is especially true for SaaS providers and other businesses that prioritize long-term client relationships. Effective company apologies are increasingly important for maintaining client loyalty, satisfaction, and trust.
You'll erroneously do something eventually, but you don't need to lose a client because of it. One reason is that apologies show empathy, which experts say is a powerful force in business. That might facilitate bigger corporate deals and promote company expansion.
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Donie, ceo of a multinational tourism and leisure company, is researching cross-country differences in demographic, cultural, and market conditions. she would not likely discover that:________
Donie, CEO of a multinational tourism and leisure company, is researching cross-country differences in demographic, cultural, and market conditions. she would not likely discover that: McDonald's offers 100 percent beef-free products in its outlets in India
This is further explained below.
What is multinational tourism?Generally, Tourism that takes place beyond national lines is known as international tourism. Because of globalization, traveling for pleasure is now one of the most popular pastimes across the world.
In conclusion, Donie, the Chief Executive Officer of an international tourist and leisure organization, is doing a study on the demographic, cultural, and market situation disparities that exist across countries. It is quite unlikely that she would learn that: In all of its restaurants in India, McDonald's provides options that are devoid of beef in every way.
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If the price of gasoline increase by 10% and quantity demanded decreases by 5% the the demand for gasoline is:_________
If the price of gasoline increase by 10% and quantity demanded decreases by 5% the the demand for gasoline is inelastic demand
What is inelastic demand?The cost of a product The elasticity of demand is a measure of how price sensitive the quantity sought is. When prices rise, the amount sought for practically any good reduces, but it falls more for some than for others.
Price inelasticity is extremely advantageous to organizations and is critical in understanding how to design their pricing strategy. Price inelasticity provides enterprises with greater price freedom because the change in demand is virtually the same whether prices grow or decrease.
Demand elasticity is a measure of how demand responds to price changes. It's normalized, which means that the specific prices and amounts are irrelevant, and everything is regarded as a percentage change. The formula for demand elasticity includes a derivative, which is why we're using it.
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What is it called when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price?
Round-tripping is when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price.
Round tripping occurs when one company sells unused assets to another party in order to generate sales, and later buys the assets back. For instance, a real estate company sells several properties to a related party in exchange of money and then buys them back a year later for the same price.
So doing this generates sales not only for the original seller, but also for the related party when it sells the properties back. The government also uses round-tripping in times of recession to increase money flow in the market.
Hence, round-tripping refers to money that leaves the country and makes its way back into the country though various channels.
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When assets are acquired in a noncash transaction, if the fair value of the noncash items given is not clearly evident, then the ______ value of the assets received is used to record the assets.
When assets are acquired in a noncash transaction, if the fair value of the noncash items given is not clearly evident, then the fair value of the assets received is used to record the assets.
Fair value is a market-based measurement. It is not considered an entity-specific measurement.
For some given assets and liabilities, observable market transactions or market information can be available. For some other assets and liabilities, observable market transactions and market information may not be available.
However, the objective of the measurement of fair value in both cases is the same.
In order to estimate the price at which an orderly transaction needed to sell the asset or in order to transfer the liability would take place between market participants at the measurement date under current market conditions.
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As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the _______ stage of the communication process.
As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.
What is encoding?Humans primarily communicate via encoding and decoding messages. The individual who completes and transmits the message is understood as the encoder.The encoder must establish how the audience will analyze the message and create required changes to assure that the audience decodes the message as intended.Encoding is the procedure of transforming ideas into language. The message exists transmitted by the encoder utilizing a "medium" such as a phone call, email, text message, in-person conference, or another communication method.Different signals need different groups of conscious thought when they are encoded. The encoder should also manage for any "noise"—such as other messages, distractions, or effects—that could obstruct their message.Hence, As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.
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An equal-payment home mortgage loan is an example of an annuity.
a. true
b. false
An equal-payment home mortgage loan is an example of an annuity. The above mentioned statement is true.
The present value of an annuity is calculated as the total of all the discounted values that have been received or paid at the regular intervals. To indicate the equal monthly instalments, it is typically used in loan agreements. A house mortgage loan with equal payments has an equal payback amount for each of the instalments. It indicates that the bank grants a loan in exchange for an equal instalment, which is also referred to as equated annual or monthly instalments based on time.
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What is the second step in management by objectives?
a. the manager and employee jointly set objectives for the employee.
b. the manager develops an action plan.
The Correct Option is : The manager and employee jointly set objectives for the employee is the second step in management by objective.
What Is Management by Objectives (MBO)?Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.
According to the theory, having a say in goal setting and action plans encourages participation and commitment among employees, as well as aligning objectives across the organization.
Management by objectives outlines five steps that organizations should use to put the management technique into practice.
The first step is to either determine or revise organizational objectives for the entire company. This broad overview should be derived from the firm's mission and vision.The second step is to translate the organizational objectives to employees. In 1981, George T. Doran used the acronym SMART (specific, measurable, acceptable, realistic, time-bound) to express the concept.Step three is stimulating the participation of employees in setting individual objectives. After the organization's objectives are shared with employees, from the top to the bottom, employees should be encouraged to help set their own objectives to achieve these larger organizational objectives. This gives employees greater motivation since they have greater empowerment.Step four involves monitoring the progress of employees. In step two, a key component of the objectives was that they are measurable for employees and managers to determine how well they are met.The fifth step is to evaluate and reward employee progress. This step includes honest feedback on what was achieved and not achieved for each employee.Therefore, we can conclude that the correct option is A.
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If bonds are issued initially at a premium and the effective-interest method of amortization is used, interest expense in the earlier years will be________.
If bonds are issued initially at a premium and the effective-interest method of amortization is used, interest expense in the earlier years will be greater than if the straight-line method were used.
Amortization of Bond Premium alludes to the amortization of abundance premium paid well beyond the presumptive worth of the Bond. Security has an expressed coupon pace of revenue and pays revenue to the security financial backers in view of such a coupon pace of interest.
It is esteemed at the current worth of premium installments and assumed worth decided in light of the market financing cost. The financial backers pay more than the presumptive worth of the securities when the expressed loan fee likewise called the coupon rate surpasses the market financing cost.
The backer needs to amortize the Bond premium over the existence of the Bond, which, thus, decreases the sum charged to intrigue cost.
Interest expense in the early years will be higher than it would be if the straight-line method were employed if bonds are first issued at a premium and the effective-interest method of amortization is adopted.
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A(n) ________ strategy is the approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity
A Functional strategy is an approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity.
A functional strategy is a method an enterprise useful takes to obtain company and business unit objectives and techniques with the aid of maximizing resource productiveness. It deals with a highly limited plan that provides the goals for a selected enterprise feature.
The functional strategy for studies & improvement is set innovation and the development of recent merchandise as well as the improvement of existing merchandise. Examples of purposeful strategies in this area: are product development, diversification, and marketplace penetration.
The role of the purposeful degree method is very important for the life of an organization. The useful method presents aid to basic commercial enterprise strategy and secondly, it spells out how useful managers will continue to acquire the set dreams and goals.
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A Functional strategy is an approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity.
A functional strategy is a method an enterprise useful takes to obtain company and business unit objectives and techniques with the aid of maximizing resource productiveness. It deals with a highly limited plan that provides the goals for a selected enterprise feature.
The functional strategy for studies & improvement is set innovation and the development of recent merchandise as well as the improvement of existing merchandise. Examples of purposeful strategies in this area: are product development, diversification, and marketplace penetration.
The role of the purposeful degree method is very important for the life of an organization. The useful method presents aid to basic commercial enterprise strategy and secondly, it spells out how useful managers will continue to acquire the set dreams and goals.
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Cadillac recognized it needed to revitalize its brand and attract different market segments. these are indications that cadillac's products were primarily in the ____ stage of the product life cycle.
Cadillac recognized it needed to revitalize its brand and attract different market segments. these are indications that cadillac's products were primarily in the Decline stage of the product life cycle.
A decline is a fall or descent and, in the product life cycle, the decline stage represents similar behavior for products. The decline stage in the product life cycle is when a product dissolves as a result of decreased or negative growth.
The introduction and growth stages provided the strength for the success of the product to this point, and with most products the decline stage is a result of lower demand, which ultimately results from new inventions and technology advancements.
For the company, profitability will decrease to a level at which it is no longer sensible to produce and distribute the product and production activities will cease.
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Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?.
To compute marginal cost, divide the change in production costs by the change in quantity. The objective of analyzing marginal cost is to specify at what point an organization can gain economies of scale to optimize production and general operations.
What is marginal cost?
The marginal cost exists as the change in the total cost that occurs when the quantity produced stands incremented, the cost of producing an additional quantity. Marginal cost exists as the added cost to produce an additional well. This exists then the marginal cost: how much it costs to produce one additional unit of a good or service. The costs of production define the marginal cost.
To compute marginal cost, divide the change in production costs by the change in quantity. The objective of analyzing marginal cost is to specify at what point an organization can gain economies of scale to optimize production and general operations. Companies utilize marginal analysis as a decision-making instrument to assist them to maximize their potential profits. Marginal guides focus on the cost or use of the next unit or individual, for example, the cost to produce one more additional widget or the profit gained by adding one more worker.
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Does camp bow wow ceo heidi ganahl possess qualities associated with contemporary leadership?
CEO Heidi Ganahl, in my opinion, possesses the traits of effective leadership today. According to Sue, "Her joy of what she does is contagious." Ganahl was born in California's Orange County, where she lived until she was 12 years old. She attended Lewis-Palmer High School after her family relocated to Monument, Colorado.
She graduated with a bachelor's in business from the University of Colorado Boulder, and she added that Heidi is tenacious, driven, and always aiming for the top. American businesswoman, entrepreneur, author, and elected member of the University of Colorado Board of Regents Heidi Ganahl (1966/1967) was born in the United States.
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Which of the following is an example of earning interest?
A. None of these
B. Kylie has to pay an additional 10% towards her credit debt each month
C. Bill receives an automatic deposit in his checking account from his employer
D. Jenna puts $100 in a savings account in 2016 and sees a 3% increase to her account without depositing additional money
Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.
The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.
A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.
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The _____ compares the total investment in the property with the net operating income (noi).
The Profitability compares the total investment in the property with the net operating income (noi).
A formula known as net operating income (NOI) is used to assess the profitability of real estate assets that produce income. NOI is the sum of all property revenues less all running costs that are deemed to be reasonably reasonable.
On a property's income and cash flow statement, NOI is a before-tax statistic that does not include loan principal and interest payments, capital expenses, depreciation, or amortization. Earnings before interest and taxes, or "EBIT," is the name given to this measure when it is applied to other industries.
Real estate experts utilize net operating income as a method of valuation to establish the exact value of their properties that generate money. The operational costs of a property must be deducted from the income it generates in order to determine NOI.
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The total cost (fine plus court costs) for being convicted of not wearing your safety belt is up to ____.
The total cost (fine plus court costs) for being convicted of not wearing your safety belt is up to $63.
Seatbelts are lifesavers and it will protect you from fatal injuries.
Wearing a seat belt should not cause any discomfort or pressure when it is adjusted properly. Seat belts have come a long way in the comfort department since becoming a mandatory feature in cars in the 1960s.
Technological advancements like polyester webbing and pretensioners, which eliminate slack in the event of a crash which will have made seat belts more comfortable for the wearer.
If you want to customize your fit of the seat belt, you can find clips and extenders at your local dealer or auto parts store.
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Corporate governance structures usually determine _____. Multiple choice question. the relationship between the board of directors, the shareholders, and the executives of a firm the compensation structure of a firm the marketing strategies that a firm employs to both retain old customers and attract new customers the hiring policy of a firm
The purpose of corporate governance structures is to determine the relationship between the board of directors, the shareholders, and the executives of a firm.
What is corporate governance?Corporate governance refers to the leadership structure of a company and how the leadership will relate with each other in terms of hierarchy.
This means that the relationship between the shareholders, their representatives on the board of directors, and the executives of a firm are determined by this structure.
In conclusion, Corporate governance structures usually determine the relationship between the board of directors, the shareholders, and the executives of a firm
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
The Right response is Option D i.e Entry Modes.
The local business climate and a company's core competencies are only two of the numerous considerations when deciding how to enter a new market abroad. The institutional setup via which a business introduces its goods, technology, workforce, or other resources into a market is known as an entry method.
What is the meaning of entry mode?Entry mode is: “a structural agreement that allows a firm its product market strategy in a host country either by carrying out only the marketing operations, or both production and marketing operations there by itself or in partnership with others”To learn more about entry mode, click the links.
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Correct Question - Companies like My Gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
A. buybacks
B. bills of exchange
C. offsets
D. entry modes
E. management contracts
Damian invests $5,000 today in an account earning 6% per year. How much is the investment worth in 4 years?
a. $5,000.00
b. $6,312.38.
c. $6,326.60.
d. $6,200.00
Based on the fact that Damien invested $5,000 and left it in an account that earns 6% for 4 years, the investment worth would be b. $6,312.38.
What would be the value of the investment?The value of the investment in 4 years is considered to be its future value when looking at it from the present.
Using the rate being earned, the investment amount, and the number of years the investment will be invested, the future value formula is:
Future value = Investment x ( 1 + rate)^ number of years
Solving gives:
= 5,000 x ( 1 + 0.06) ⁴
= 5,000 x 1.06⁴
= 5,000 x 1.26247696
= $6,312.3848
= $6,312.38
In conclusion, the value of Damien's investment after a period of four years at 6% per year comes to $6,312.38.
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Chester's balance sheet has $85,722,000 in equity. next year they expect assets to increase by $4,000,000 and liabilities to decrease by $2,000,000. if that happens, what will be chester's book value?
Chester's book value is $83722000
Book Value = Assets - Liabilities
Change in Book Value = Change in Assets - Change in Liabilities
Assets increase by $4,000,000
Change in Assets = $4,000,000
Liabilities decrease by $2,000,000
Change in Liabilities = -$2,000,000
Change in Book Value = $4,000,000 - $2,000,000 = $2,000,000
Book Value = $85,722,000 - $2,000,000 = $83,722000
Book value of equity refers to the difference of total assets and total liabilities of a company. It represents the total value of a company's common stockholders .
It is commonly referred to as the residual claim by stockholders on a company's assets after the disposal of liabilities. This is also apparent to the Accounting Equation whereby total assets equal to liabilities plus shareholder's equity.
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Joint intelligence planning supports joint operation planning and may result in the production of what three products?
Joint intelligence planning supports joint operation planning and may result in the production of three products they are:
⇒Dynamic Threat Assessment
⇒Annex B: Intelligence
⇒National intelligence support plan
Joint operations are military actions carried out by joint forces and those Service forces employed in special command relationships with one another. Joint operations by themselves do not generate joint forces.
A joint force is a collection of assigned or attached components from important military departments that cooperate under a single joint force commander (JFC).
The Department of Defense (DOD) primarily employs two or more Services (from at least two Military Departments) in a single mission through joint operations.
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Accounts payable had a normal starting balance of $750. there were debit postings of $600 and credit postings of $350 during the month. The ending balance is?
The ending balance is $500.
Starting balance of accounts payable is $750 which means a credit balance of $750. There had been debit postings of $600 and credit postings of $350. Consequently the ending balance will be $500 credit ($750 credit - $600 debit + $350 credit).
Accounts payable (AP) are amounts due to carriers or suppliers for items or offerings obtained that have not yet been paid for. The sum of all outstanding quantities owed to companies is shown because of the debt payable stability on the organization's balance sheet.
The ending balance is the net residual balance in an account. It is usually measured at the end of a reporting length, as part of the closing system. Finishing stability is derived by including up the transaction totals in an account and then adding this total to the start balance.
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The food safety modernization act:
i. offers some protections for whistleblowers
ii. covers vegetables, seafood and dairy
iii. covers eggs and poultry iv. gives the fda power to make mandatory recal
The meals safety modernization act: covers veggies, seafood, and dairy.
Food safety refers to exercises in the practice, handling, and garage of food supposed to prevent foodborne illness and injury. From farm to manufacturing unit to fork, meals merchandise might also stumble upon a wide variety of fitness risks all through their journey through the delivery chain.
The act overhauled regulations concerning meal production and gave the food and Drug management (FDA) extra authority to supervise and enforce supply chains. The FSMA shifts the focus from responding to foodborne illnesses to preventing them and impacts almost every enterprise that should register with the FDA.
Food Safety Modernization Act - the maximum sweeping reform of our food safety legal guidelines in extra than 70 years, become signed into regulation by President Obama on January four, 2011. It is objective is to ensure the U.S. meals supply is safe by using shifting the point of interest from responding to contamination to preventing it.
Meal protection hazards occur whilst food is exposed to unsafe marketers which bring about infection of that food. Meal dangers can be organic, chemical, bodily, allergenic, dietary, and/or biotechnology-associated.
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List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.
The five elements of a firm's macroenvironment are given below.
1) Laws and Regulations Protect and Restrain Organizations
2) The Economy Affects Managers and Organizations
3) Technology is Changing Every Business Function
4) Demographics Describe Your Employees and Customers
5) Social Values Shape Attitudes Toward Your Company and Its Products
A firm's macroenvironment consists of elements that may impact the firm but are commonly beyond its direct manipulation. These elements are traits of the arena at large and are factors that all organizations must contend with, no matter the enterprise they may be in or the sort of enterprise they're in.
The most important uncontrollable, external forces (monetary, demographic, technological, natural, social and cultural, felony and political) have an impact on a company's decision-making and feature an impact upon its overall performance.
Macro-surroundings often indicate a circumstance affecting the general financial system, and it isn't affecting a selected segment of the marketplace. A macro surroundings condition will impact commercial enterprise selections. Spending, investing, and borrowing activities may be affected due to the presence of macro surroundings.
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Empirical research has provided evidence that firms founded by _____ are generally more successful than those founded by _____.
Empirical research has provided evidence that firms founded by heterogeneous teams are generally more successful than those founded by individuals.
Any study whose findings are solely inferred from verifiable, empirical data is considered empirical research. The definition of the word "empirical" is "based on scientific experimentation and/or evidence." A study is considered empirical when it investigates its claims using data from the real world.
For instance, a research is being done to see if working from home lessens the stress associated with professions that are very demanding. Two groups of employees, one working from home and the other in the office, are used in the experiment. Every group was watched.
The results of this study will show, empirically, if working from home helps people feel less stressed.
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Which type of password attack employs a list of pre-defined passwords that it tries against a login prompt or a local copy of a security accounts database?
Dictionary attack employs a list of pre-defined passwords that it tries against a login prompt or a local copy of a security accounts database.
A dictionary assault uses a preselected library of phrases and phrases to bet possible passwords. It operates underneath the idea that users have a tendency to drag from a primary listing of passwords, consisting of "password," "123abc" and "123456."
A brute force attack is a hacking method that makes use of trials and blunders to crack passwords, login credentials, and encryption keys. It's miles an easy yet reliable tactic for gaining unauthorized access to personal accounts and agencies' systems and networks.
A Password is a word, phrase, or string of characters supposed to distinguish a licensed consumer or system (for the purpose of allowing get right of entry) from an unauthorized consumer, or put some other manner a password is used to prove one's identity, or authorize access to a useful resource.
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