Economies of ______ are the savings that come from producing two or more different outputs at a lower cost than producing each output individually.

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Answer 1

Economies of scope are the savings that come from producing two or more different outputs at a lower cost than producing each output individually.

Economies of scale are generated by volume, but economies of scope are formed by variety. In the field of economics, the terms "economies" and "scope" refer to expanding output and services through varied product offerings.

According to the economic principle known as "economies of scope," as the variety of items produced rises, so does the average overall cost of production.

For instance, a gas station can offer soda, milk, baked goods, etc. through its customer service staff, allowing the gas industry to save money.

For a business, economies of scale refer to cost savings that result from scaling up production of a single product type, whereas economies of scope refer to cost savings that result from manufacturing a variety of products.

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Related Questions

What would happen if the british government increased the number of airplanes it buys from american aeronautics companies?

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If the British government increases the number of airplanes it buys from American aeronautics companies, the demand for the American currency will increase.

When price of a foreign currency falls, imports from that foreign country become cheaper. So, imports increase and hence, the demand for foreign currency rises. So when the British government increases the number of airplanes it buys from America then the demand for the American currency will increase.

A country with a high demand for its goods tends to export more than it imports, increasing demand for its currency. A country that imports more than it exports will have less demand for its currency.

Hence, the answer is given and explained above.

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Describe how changes in expected inflation impact an economy in the wake of a temporary negative supply shock

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Negative shocks reduce production and increase unemployment. Positive shocks increase production and reduce unemployment.

Unexpected change moving SRAS. A positive supply shock increases SRAS, whereas a negative supply shock decreases SRAS. A combination of slowing overall economic output (declining) and rising price levels (inflation). Stagnation occurs when SRAS decreases.

A negative supply shock leads to an increase in the natural rate of interest. If real interest rates are not adjusted, there will be excess demand in the labor market. t = 0 unless the real interest rate is adjusted. Then we move into an economy where the market is imperfect.

A supply shock is an unexpected event in which the supply of a product or commodity changes, causing a sudden change in price. A positive supply shock increases output and decreases prices, while a negative supply shock decreases output and increases prices.

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Marketing researchers conducting qualitative research usually use ______ to gather data.

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Marketing researchers conducting qualitative research usually use focus group interviews to gather data.

Qualitative market research is an open ended questions based research method conducted by marketing researchers. This research heavily relies on the following market research methods- focus groups interviews, in-depth interviews, and other innovative research methods.

A focus group interview is a qualitative research method with interesting properties. Thus, it is performed by planned discussion and interview with a small group of people conducted by a moderator. The participants are usually sampled from the study population.

Hence, marketing researchers while conducting qualitative research  use focus group interviews to gather data.

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Can we build a comprehensive, all-encompassing perspective and understanding of strategic management (firm performance)? how?

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Yes,

we can build a comprehensive, all-encompassing perspective and understanding of strategic management with inclusiveness of decisions.

Strategic management involves both strategy and management for its implementation in the organisation. It enhances business performance and overall process management of planning and perspective.

It also monitors all the assessments and implement necessities and enhance firms performance building a comprehensive outlook toward solving a problem to meet its goals and objectives.

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If a firm doubles its resources and generates an output level which is more than double, it is said to be experiencing?

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If a firm doubles its resources and generates an output level which is more than double, it is said to be experiencing economies of scale.  Economies of scale are benefits that can emerge from a business's size being increased.

For instance, a company might benefit from economies of scale while making large purchases. It could bargain for a lower price per unit than its rivals by purchasing a big number of items at once. Because they can give businesses a competitive edge in their industry, economies of scale are crucial. Therefore, firm will always aim to achieve economies of scale.

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Adjusting entries are made before preparing _____ reports.
a) managerial
b) auditing
c) financial
d) all of the choices are correct

Answers

Answer:

D

Explanation:

All choices are correct!

Hope this helps! :)

What is the common unit of energy used in the united states to describe human energy intake and expenditure?

Answers

The common unit of energy used in the united states to describe human energy intake and expenditure Joule.

The unit of strength in the global gadget of devices is the joule (J). A joule is the energy expended whilst 1 kg is moved 1 m with the aid of a force of Newton. This is the usual general unit of power utilized in human energetics and it ought to additionally be used for the expression of strength in foods.Qualitative techniques, time collection evaluation and projection, and causal models.

Energy is so vital in our each day lives due to the fact it's far a basic human want. We use strength to not best warmth our human-made systems however we use it to chill them as well. strength is essential for getting up away from bed, strolling down the road, or maybe lifting your finger.

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When reviewing the literature and different types of evidence for your project, what gaps in the findings did you encounter? how could these gaps influence other researchers?

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Gaps inside the Literature are lacking portions or inadequate records in the research literature. those are areas that have scope for further studies because they're unexplored, underneath-explored, or outdated.

We outline a research gap as a topic or vicinity for which lacking or inadequate statistics limits the capacity of reviewers to reach a conclusion for a given question. A research hole can be further advanced, together with through stakeholder engagement in the prioritization, of research desires.

A research gap refers to unexplored or underexplored regions with scope for additional research. while you study papers on subjects of interest, you may recognize there are a few regions that have good sized scope for more research but have no longer been studied by means of other researchers.

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What is the future value of $4,900 deposited each year for 14 years in an account earning 2% per year?

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78,272.3 is the future value of $4,900 deposited each year for 14 years in an account earning 2% per year.

Future value = fv = pmt x ((1+r)^n-1))/r

= $78,272.30

4900*(((1.02^14)-1)/0.02)

Future value = present value x (1+ interest rate)n Condensed into math lingo, the formula looks like this:

FV=PV(1+i)n In this formula, the superscript n refers to the number of interest-compounding periods that will occur during the time period you're calculating for.

FV = $1,000 x (1 + 0.1)5.

Future value is a financial concept that assigns value to assets based on estimated variables such as future interest rates and cash flows. It is useful for investors to know what their investment will look like in five years and what the expected return will be. This concept of taking today's investment value, applying the expected growth, and calculating what the investment will be in the future is the future value.

A future value calculation determines how much a single deposit, investment, or balance will grow.

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Amazon.com and expedia.com are best described as ________ that sell products and services directly to final buyers via the internet.

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Amazon.com and expedia.com are best described as e-tailers that sell products and services directly to final buyers via the internet.

E-tailers mean Electronic retailers. An e-tailer is a store or individual who does business only or primarily on the internet. Thus, through this form of electronic commerce consumers directly buy goods or services from a seller via the internet rather than physically entering a store.

E-tailing is able to reach a broader range of consumers, and consumers are able to purchase unique products not offered in their country.

Hence, Amazon.com and expedia.com are the best examples of e-tailers that sell products and services directly to final buyers via the internet.

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Can a database contain two identical records without a negative effect on the integrity of the database? why or why not?

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Yes, a database can contain 2 identical records.

Identical records imposing a negative effect on the integrity will depend on whether the database semantics allow duplicates or not.

If the database table doesn't have any defined key or other 'unique' constraints, then we can have multiple identical records. Otherwise, we will not have multiple identical records.

The database might be a list of all transactions for a store, in which case it would be very possible for two people to purchase the same item, causing duplicate records.

Yes, a database can contain two identical records. The database/table structure determines whether identical records break integrity. If the database table does not have a defined key or other "unique" constraint, then it is possible to have multiple identical records, but not vice versa.

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What is an example of your experience with cultural,racial and or economic diversity?

Answers

Answer:

One of the best examples that i can think of is the BLM protests.

In the height of the pandemic in 2020, there was an uproar following the mud3r of George Floyd and MANY more other Black people. So when people took to the streets to protest against police brutality, we saw all sorts of cultural and racial diversity protesting for the rights of our black brothers and sisters.

Explanation:

Genius capital is long $2,310,000 of big bank stock, and short $2,131,000 of tiny bank stock. Net exposure of genius capital is?

Answers

What Is Net Exposure?

Net exposure is the difference between a hedge fund’s long positions and its short positions. Expressed as a percentage, this number is a measure of the extent to which a fund’s trading book is exposed to market fluctuations

Net exposure of genius capital is = $2,310,000 ---$2131,000

                                                                  = $1790,00

Understanding Net Exposure

Net exposure reflects the difference between the two types of positions held in a hedge fund's portfolio. If 60% of a fund is long and 40% is short, for example, the fund's gross exposure is 100% (60% + 40%), and its net exposure is 20% (60% - 40%), assuming the fund uses no leverage (more on that below). The gross exposure refers to the absolute level of a fund's investments, or the sum of long positions and short positions.

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Has this white's video prompted you to make any changes in the way that you view or manage your personal finances? Do you think it will impact how you handle your personal finances in the future? Explain.

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The video by Elizabeth White should prompt people to make a change in how they handle their finances as it shows how easily our finances can take a turn for the worst.

Why should be manage our personal finances effectively?

In this TED Talk, Elizabeth White talks about how her's and the Boomer generation's personal finances are in never ending trouble and how they are being blamed for not planning their finances well.

It shows how easily things can change for the worst financially as Elizabeth White went through a tough time.

This shows that it is important to take stock of our finances such that we won't go through what she did and be able to survive financial emergencies. We can do this by saving up and talking to financial planners.

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Which organization is responsible for monitoring institutional compliance with phs policy?

Answers

Answer:

Office of Laboratory Animal Welfare

The horizontal summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period represents the?

Answers

The horizontal summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period represents the market supply.

Market supply means the total amount of goods or services that are produced by all the producers in a market including individuals, firms etc. in a defined period of time. All the businesses have their own unique supply curve due to their manufacturing infrastructure, cost structure and restrictions. When we add the supply curve of all these individual firms we get the market supply.  

Supply curve is the graphical representation of the amount of goods and services that a firm is willing to produce at a given price of the goods or services.

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La diversified inc. Recently paid its annual dividend of $3. Dividends have consistently grown at a rate of 3. 8%. The stock has a beta of 1. 29. The current risk-free rate is 2% and the market return is 10%. Assuming that capm holds, what is the intrinsic value of this stock?.

Answers

The intrinsic value of this stock is $300.

What is intrinsic value?

An asset's intrinsic value is often a value estimated using simple assumptions. For example, the intrinsic value of an option is based on the underlying instrument's present market value but overlooks the likelihood of future volatility and the time value of money.

For example, if the striking price of a call option is $19 and the market price of the underlying stock is $30, the call option's intrinsic value is $11. There are very few options that are worth less than what the option holder can receive if the option is exercised.

Intrinsic value is a basic, objective value found in an object, asset, or financial contract.

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What emphasizes extensive user involvement in the rapid and evolutionary constructio?

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RAD methodology emphasizes extensive user involvement in the rapid and evolutionary construction.

A software design approach called RAD was created to combat the rigidity of other conventional software development models, which make it difficult to make changes once the initial development is finished.

Only when a system can be modularized to be deployed incrementally should RAD be employed. If there is a large pool of designers who are available for modeling, it should be employed. Only if the budget allows for the usage of automated code generation tools, should it be employed.

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The classical economists believed __________ determined savings, while keynes said it was __________.

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The classical economists believed interest rates determined savings, while keynes said it was income.

David Ricardo, Thomas Malthus, Anne Robert Jacques Turgot, John Stuart Mill, Jean-Baptiste Say, and Eugen Böhm von Bawerk are a few more prominent figures in classical economics.

Because of how supply and demand interact to affect price, classical economists hold that the market is always open and free. No intervention is required because the market regulates itself. People who support this kind of macroeconomic policy are referred to as laissez-faire economists.

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Managers need to be aware that ____________ groups can be a powerful force within their organization

Answers

Answer: Informal

Explanation: An informal group is one that's not organizationally determined or influenced and usually formed by the members themselves in response to the need for social contact.

Why is jan, a marketing analyst, advocating for her company's collection of more data from iot devices?

Answers

Jan, a marketing analyst, is advocating for her company's collection of more data from IoT devices because Jan wants to utilize the information to foresee trends and anticipate consumer preferences.

IoT devices, which include the numerous devices on the internet of things(IoT), are nonstandard computing devices that may connect wirelessly to a network and transmit data.

IoT entails expanding internet connectivity to a variety of conventionally non-internet-enabled physical items and daily things in addition to regular devices like desktops, laptops, smartphones, and tablets.

These gadgets may connect and communicate online since they are technologically embedded. They can also be watched over and managed from a distance.

IoT examples include smart TVs, smart speakers, toys, wearable technology, and smart appliances.

Hence,  Jan wants to utilize the information to foresee trends and anticipate consumer preferences.

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Which medium and channel will most of your business communication efforts involve?

Answers

Most of the business communication efforts involve written communication.

A communication channel is the medium, manner, mean  or method through which a message is sent to its receiver who was intended to recieve.

The basic channels are written such as hard copy print and digital formats,

It can be oral or spoken and  even electronic and multimedia too. Within these channels, business communications can be formal, informal, or even unofficial too.

Written communications include  different sources such as e-mails,  memos, letters,  reports, texts, newsletters, spreadsheets, etc. With written communications, the writer must provide enough context so that the message can be interpreted easily.

The receiver should inquire about ambiguity of the words and ask for clarification if required.

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Tonya discovers that an employee is running a side business from his office, using company technology resources. What policy would most likely contain information relevant to this situation

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The policy that will contain the information relevant and sanction procedures to this kind of situation is called the agreed-upon procedure.

What is an acceptable usage policy?

This refers to a document stipulating constraints and practices that a user must agree to for access to a corporate network, the internet or other resources.

Majority of businesses and educational institutions requires employees or students to sign an acceptable usage policy before being granted a network ID.

Therefore, the policy that will contain the information relevant and sanction procedures to this kind of situation is called the agreed-upon procedure.

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The business process management cycle begins by creating a model of the existing business processes.
a) true
b) false

Answers

The business process management [BPM] cycle begins by creating a model of the existing business processes is true.

    Business Process Management is how a company creates, edits, and analyzes the business processes that makes up its core. The purpose of BPM is not handle a task or a project. The objective is to focus on repetitive and ongoing processes that follow a process management. It ensures that the processes of a business are articulated and running optimally.

   BPM consists of five steps:

1. Design

2. Model

3. Execute

4. Monitor

5. Optimize

   Further it can be categorized on the basis of the purpose they serve. The three types of BPM are:

Integration Centric, Human- Centric BPM, Document centric.

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The spot rate of the euro is quoted at $1.29. the annualized forward premium on the euro is 10 percent. what is the 30-day forward rate of the euro? a.$1.28 b.$1.30 c.$1.42 d.$1.16

Answers

The 30-day forward rate of the euro is (B) $1.30.

What is a spot rate?The spot rate is the price indicated for an interest rate, commodity, security, or currency for immediate settlement. The spot rate, often known as the "spot price," is the current market value of an asset that is available for immediate delivery at the time the quote is made.The spot rate is obtained by determining the discount rate that equals the present value (PV) of a zero-coupon bond. These are based on assumptions about future interest rates. As a result, spot rates can employ varying interest rates for various years before maturity.

To find the 30-day forward rate of the euro:

Given: The spot rate of the euro is quoted at $1.29.

So, $1.29 × [1+ 0.10/(360/30)] = $1.30

Therefore, the 30-day forward rate of the euro is (B) $1.30.

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What is the actual net income for the month? what, if any, changes could have been made to the actual amounts this month to keep the actual net income at a positive value?

Answers

The actual net income for the month is -$30. Less money could have been put into savings.

The actual net income for the month is -$30. Less money could have been spent on food.

Actual net income manner, in appreciate of any economic 12 months or zone, the consolidated internet profits of the business enterprise for such fiscal 12 months or quarter (as applicable), in accordance with GAAP based totally upon the enterprise's monetary statements for the relevant duration.

Gross profits are the whole quantity you earn and internet income is your actual enterprise profit after expenses and allowable deductions are taken out.

Internet earnings is the entire amount of cash a character or business earned in a given time period, minus taxes, fees, and hobby.

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At a price for which the quantity supplied is less than the quantity demanded, a __________ is experienced, which pushes the price __________ toward its equilibrium value.

Answers

At a price for which the quantity supplied is less than the quantity demanded, a shortage is experienced, which pushes the price upward toward its equilibrium value.

A shortage exists if the quantity of a good or service demanded exceeds the quantity supplied at the current price. Thus, this causes upward pressure on price.

An increase in demand, all other things unchanged, will cause the equilibrium price to rise and quantity supplied will increase. It is seen that a price below equilibrium creates a shortage.

Hence, when the quantity supplied is less than the quantity demanded, there is a shortage in economy, which pushes the price upward.

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Why is it important for hr and compensation professionals to learn about compensation practices in other parts of the world? discuss

Answers

Different regions of the world have different systems for managing compensation. To better understand HR best practices, HR personnel must be knowledgeable with the pay methods utilized in various parts of the world. The HR team will be better able to argue their position during the pay conversations thanks to the knowledge they have gathered.

This is due to the fact that it helps businesses to become familiar with the present compensation structure and organizational structure of globally comparable professions. It helps businesses to fairly compensate diligent workers. The knowledge acquired might also assist HR in figuring out how to enhance and preserve top talent while lowering employee attrition.

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The level and nature of risk attributable to a firm’s activities and operations, and ignoring the risks associated with the firm’s capital structure.

Answers

A company's return on equity increases at an optimum level of financial leverage because the use of leverage increases the stock volatility, increasing the level of risk which then increases the returns.

Financially over-leveraged companies may face a decrease in return on equity.

How does business risk affect capital structure?

With positive bankruptcy costs, an increase in business risk decreases the proportion of debt in the capital structure.

With higher business risk, stand-alone firms will prefer less debt as they are more likely to face financial distress.

What is leverage risk?

An investor who has enough cash to acquire an asset but chooses to use a mixture of debt and cash will have remaining cash left over.

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The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities, such as trade shows, samples, and contests, is known as?

Answers

The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities, such as trade shows, samples, and contests, is known as publicity.

Publicity is the process of communication about a brand, offering, or a business by placing  different commercially significant news about it in the media without paying for time and space directly.

In simple and general  terms, publicity is the movement of information to the public through  media coverage such as trade shows and other non-paid mass media sources.

Publicity is not a process but a result of a good public relations strategy where the marketers  generally succeed in providing favourable information to media and other third-party outlets like bloggers, vloggers, podcasters, etc.

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