what financial institution is most substantial to risks?

Answers

Answer 1

Cybercrime is the financial institution's most substantial risk.

For hackers, the financial industry is like the ideal gift. From your financial information and bank account information to identity information, banks and other financial organizations hold all the information a cybercriminal might possibly need.

Multiple techniques are used to carry out security assaults. For the financial industry, phishing continues to be a serious problem as it has for many years.

One of the challenges in the banking industry is communicating to all parties involved—including the board—that cybersecurity is a problem that affects the entire organization, not just IT.

This is a widespread issue that affects all industries, but the direct attacks on financial services are having a particularly large impact throughout the ecosystem.

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Related Questions

what describes the law of diminishing marginal utility

Answers

Answer:

The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.

two firms intel and AMD in the CPU market have combined demand given Q = 100-2P. Their total costs are given by TC Intel = 2 Q Intel + Q2 Intel and TC AMD = 2 Q AMD + Q2 AMD. If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be

Answers

If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be higher.

More about market price:

The market price is the price at which a good or service is currently being bought or sold. The dynamics of supply and demand have an impact on a good or service's market pricing. The cost at which the amount supplied and the quantity wanted are equal is known as the market price..

The market price is used to calculate consumer and economic surplus. The difference between the highest price a consumer is prepared to pay and the actual price they pay for the good is known as customer surplus, often referred to as the market price.

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A successful organization can involve its employees in the control system in all of the following ways EXCEPT

Answers

D) regulating its behavior; involving employees in the control system is good for an organization but except in regulating its behavior.

More about Organizational Control System:

Organizational control system is crucial to understanding how the organization is doing, spotting problem areas, and then taking the necessary action.

There are three basic types of control systems available to executives:

Output control : The focus of output control is on quantifiable results for the organization. In output control, executives must choose the acceptable performance threshold, inform staff members of the general expectations, monitor whether performance metrics are in line with targets, and make any necessary adjustments.

Behavioral control: In contrast to output control, which focuses on results, behavioral control typically focuses on controlling the activities. Particularly, special procedures and regulations are utilized to shape or impose behavior.

Clan control: Clan control is a non-standardized type of control. It depends on shared traditions, expectations, values, and norms.

Complete Question:

A successful organization can involve its employees in the control system in all of the following ways EXCEPT

A) setting realistic performance results.

B) emphasizing development and improvement.

C) encouraging good communication and mutual participation.

D) regulating its behavior.

E) presenting data in understandable terms.

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Which company is best for Barrie Insulation?

I have been sourcing the internet for various Barrie Insulation and found this company.

http://www.sprayfoammasters.ca/

this is in the Barrie region. Has anyone done something similar recently and what was your experience?

If anyone knows about the best company of Spray Foam insulation in barrie then help me.

Answers

To check out and use a good installation company, you should check out the following:

Check for references and reviews.Do they meet the licencing and insurance requirements?Check an experienced company.Ask for an estimate.

What is insulation?

This is known to be the process of stopping the passage of heat from one medium to another.

Carbon dioxide acts as an insulator in the atmosphere that absorbs heat and keeps the atmosphere warm through insulation and radiation.

Hence, it is important to note that the purpose of insulators in your home is to provide resistance to heat flow and lower your heating and cooling costs.

Answers

The will be no output tax consequences for Gala Music (Pty) Ltd for entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023 under the Value-Added Tax Act 1991.

What was the Value-Added Tax Act 1991?

It was a federal legislation that impose and charge Value Added Tax on certain goods and services and to provide for the administration of the tax and matters.

The Value-Added Tax Section 89 of 1991 Act does the follwing:

provide for taxation in respect of the supply of goods and services and the importation of goodsamend the Transfer Duty Act, 1949amend the Stamp Duties Act, 1968repeal the Sales Tax Act, 1978.

Because the Value-Added Tax have been abandoned for a long time in the country, there will be no output tax consequences for Gala Music (Pty) Ltd for entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023 under the Value-Added Tax Act 1991.

Answers

Shellshock identification tags are the document that must be kept for 90 days after making the sale of last product.

Option A is correct.

What is sale?

Sale is referring to the time when the company provides to its goods to customers. It can be done for immediate cash or can be done with respect to the credit period.

Shellshock identification tags are the ones that are being offered in respect of harvesting of the shell fishes. It tells about where and when the fishes are required to be harvested. It must be kept for the period of ninety days which get started from the day when the fish was placed in the container for delivery.

Therefore, the document mentioned in option A is correct.

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A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours.

Standard hours per unit of output 5.20 DLHs
Standard variable overhead rate $ 11.65 per DLH

The following data pertain to operations for the last month:

Actual direct labor-hours 8,700 DLHs
Actual total variable manufacturing overhead cost $ 95,990
Actual output 1,600 units

What is the variable overhead efficiency variance for the month?

Answers

The variable overhead efficiency variance for the month is $4,427.

What is variable overhead efficiency variance?

The variable overhead efficiency variance shows the difference between the actual and budgeted hours worked, multiplied by the standard variable overhead rate per hour.

The formula for computing the variable overhead efficiency variance is as follows:

Variable overhead efficiency variance = Standard overhead rate x (Actual hours - Standard hours)

Data and Calculations:

Standard hours per unit of output = 5.20 DLHs

Standard variable overhead rate = $11.65 per DLH

Basis of variable manufacturing overhead = direct labor-hours

Actual direct labor-hours = 8,700 DLHs

The actual total variable manufacturing overhead cost = $95,990

Actual output = 1,600 units

Budgeted standard direct labor-hours = 8,320 DLHs (5.20 x 1,600)

Variable Overhead Efficiency Variance = Standard overhead rate x (Actual hours - Standard hours)

= $11.65 x (8,700 - 8,320)

= $4,427

Thus, the variable overhead efficiency variance for the month is $4,427.

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13. An open buyer agency agreement
a. allows the agent to collect compensation from both the buyer and seller.
b. is an exclusive agency contract between a buyer and a broker.
c. states that only the broker who actually locates the property the buyer eventually purchases is entitled to the commission.
d. allows the listing broker to charge back 3% of the sell price to the buyer's broker.

Answers

An open buyer agency agreement is option(c) i.e, states that only the broker who actually locates the property the buyer eventually purchases is entitled to the commission.

In an open buyer agency arrangement, no agent is granted exclusivity, and the buyer is free to work with as many agents as she likes to discover the right property. The only agent who is entitled to compensation is the one who found the property that the buyer purchases.

An agency agreement outlines the conditions of the agency, including what the agent is allowed to do and how much is paid for the agent's services. The agreement also grants the agent the power that the principal specifies, such as the only able to act in her place. The duration of the contract, compensation and a description of the kind of home the buyer is looking for are the main components of the buyer-broker agreement.

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Dr Robyn Miekle
Robyn owns a music production company Gala Music (Pty) Ltd (“Gala”). The primary function of a music production company is to locate artists and facilitate the recording, manufacturing, and distribution of musical products. Gala entered into an agreement with Buntu Events (Pty) Ltd (“Buntu”). Buntu is a full-service event planning company that provides complete planning, consulting, and supervision for both corporate and social events. In this agreement, Gala will provide performing artists for Buntu’s Durban July party on 2 July 2022, and in exchange Buntu will waive the performers' registration fee of R28 750 (VAT inclusive).
Gala charges R11 500 (VAT inclusive) booking fees (not registration fee) for its artists per event. Gala will provide three performing artists for Buntu’s Durban July party on 2 July 2022. Both companies have 30 June year ends and both are registered vendors in terms of the Value-Added Tax Act, 1991 (Act 89 of 1991), as amended.

With reference to the paragraph “Dr Robyn Miekle”, discuss in terms of the Value-Added Tax Act, 1991 (Act 89 of 1991) and applicable case law, if any, the output tax consequences for Gala Music (Pty) Ltd of entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023. For this question, assume that Gala Music (Pty) Ltd had not received nor issued a valid tax invoice.
6

Answers

The will be no output tax consequences for Gala Music (Pty) Ltd for entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023 under the Value-Added Tax Act 1991.

What was the Value-Added Tax Act 1991?

It was a federal legislation that impose and charge Value Added Tax on certain goods and services and to provide for the administration of the tax and matters.

The Value-Added Tax Section 89 of 1991 Act does the follwing:

Answers

The more debt used, the greater the leverage a company employs on behalf of its owners.

What is financial leverage?

Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing.

What is financial leverage example?

Example of financial leverage usage include using debt to buy a house, borrowing money from the bank to start a store and bonds issued by companies.

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Companies create separate marketing plans for their product lines because
it is easier for the company to keep track of products if the marketer generates different plans
customers buy from different product lines for different reasons and pay different prices
customers enjoy receiving a variety of promotions from the companies they buy from
O there is little overlap in the customer base of people buying from different product lines

Answers

Most companies create separate marketing plans for their product lines because customers buy from different product lines for different reasons and pay different prices.

What is a separate marketing plans?

These refers to the varieties of distinct marketing plan that an organization used in planning how to outreach to target a specific market.

Hence, majority of companies maintains a separate marketing plans for their product lines because customers buy from different product lines for different reasons and pay different prices.

Therefore, the Option B is correct.

Answers

I Evaluate the ERP software based on requirements as opposed to the vendor’s performance during the demo

II Require that attendees be on time and attend the same sessions for per software vendor

What is the powers of ERP?

Golden Rules For ERP Implementation

Ensure top management visibly helps the project at Kickoff, status meetings etc. Hold tight on project scope and management expectations. Transfer request of deliverables to business leaders. Practical change management and user training is imperative

What is ERP market?

One of the many parts of Enterprise Resource Planning (ERP) is to manage market and supply within the business. ERP software that features advanced market planning can help janitorial and sanitary supply companies optimize inventory levels in order to guarantee a timely delivery to clients.

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The purpose of making a learning document is to

Answers

The purpose of making a learning document is to check to see if the learning needed to get the desired results is actually occurring.

More about learning document:

Making thought about learning processes visible, meaningful, shareable, and amplified is accomplished through the process of documenting learning.

By assisting students in reflecting on and articulating their own learning processes, it supports student-driven learning. Additionally, it supports teachers' reflection on their own growth and instructional methods.

When teachers and their students co-create together, both parties acquire important insights that guide current learning and encourage students to become active learners.

This learning document explains the objectives and various forms of documentation and gives real-world examples of documentation in educational settings

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Based on the Capital Asset Pricing Model assuming the securities are correctly priced and given the following information, what is the return on the market?

Security Beta Expected Return
Katmai Outfitters 0.74 0.087
Wrangell Adventures 1.63 0.159

Answers

Th return on the market is 0.08.

What is the return on the market?

According to the capital asset pricing model, the expected return of an asset is a function of the risk free rate, beta and return on the market.

Expected return = risk free rate + (beta x return on the market)

0.087 = a + 0.74b

0.159 = a + 1.63b

Where:

a = risk free rate

b = return on the market

Subtract equation 1 from equation 2

0.072 = 0.89b

b = 0.072 / 0.89

b = 0.08

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a. In 2009, XYZ Enterprises negotiated and closed a long-term lease contract for newly constructed truck terminals and freight storage facilities. The buildings were constructed on land owned by the company. On January 1, 2010, XYZ took possession of the leased property. 20-year lease is effective for the period January 1, 2010, through December 31, 2029. Advance rental payments of $800,000 are payable to the lessor (owner of facilities) on January 1 of each of the first 10 years of the lease term. Advance payments of $400,000 are due on January 1 for each of the last 10 years of the lease term. XYZ has an option to purchase all the leased facilities for $1 on December 31, 2029. At the time the lease was negotiated, the fair market value of the truck terminals and freight storage facilities was approximately $7,200,000. If the company had borrowed the money to purchase the facilities, it would have had to pay 10% interest. Should the company have purchased rather than leased the facilities?

Answers

XYZ Enterprises should lease the newly constructed truck terminals and freight storage facilities instead of purchasing them.

How is the lease cost calculated?

The lease cost can be calculated by finding the present value of the annual lease payments.

The present value of the annual lease payments represents the discounted value of the future cash outflows.

The PV annuity factor can be used to compute the total lease cost in present value, as follows:

Data and Calculations:

Lease Option:

Interest rate = 10%

Lease period = 20 years

Lease PV Annuity Factor PV

Annual lease cost for 1st 10 years $800,000 6.145 $4,916,000

Annual lease cost for 20 years $400,000 8.514 $3,405,600

Less Annual lease cost 2nd 10 years 400,000 6.145 (2,458,000)

Total Present Value of Lease Cost = $5,863,600

Purchase Option:

Fair market value = $7,200,000

Given the present values of the two options, XYZ Enterprises is advised to lease instead of purchasing the facilities.

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Case 3:
Glenmark is an Indian-based multinational pharmaceutical company with approximately $30
billion in sales annually. In the 2021 Annual Report, the Indian company indicated $5.94 billion
dedicated to research and development (R&D). Moreover, the pharmaceutical company spent
$10.19 billion in marketing and sales in 2021. R&D and marketing expenses represent a large
portion of their total fixed costs with more than $16 billion! With this amount injected, Glenmark
creates a barrier to entry for other firms that are considering whether to enter the pharmaceutical
market or not.
It is only by going global through a large distribution network will Glenmark be able to benefit
from economies of scale. By going global, Glenmark will target more customers and spread their
fixed costs better. This also explains why multinational company has such high marketing costs.
1. Explain whether the capital expenditures by the company is justified and be able to increase
market share in future?
2. Are there any suggestions you would like to give to make its fixed costs better?
(Minimum 500 Words.)

Answers

The capital expenditure based on the information given is justified.

How to illustrate the information?

It should be noted that capital expenditure are the expenditure that are used to create revenue for the company.

Every company in the world needs to improve its existing products and introduce new products. Therefore, marketing and RnD expenditure will they continue to be a dominant player in the industry. Therefore, capital expenditure is justified

One of the ways to improve fixed cost is to have strict control over costs, identify and remove unnecessary costs from the system. Also, one can reduce the number of salaried employees on staff and then shop around for lower insurance premiums.

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Identify a product you use every day. Assume you are the marketer of the product and want to convey the ways your product differs from competing products in the marketplace. Create a differentiation strategy to promote your product and create a competitive advantage

Answers

Answer:

A product is Burts Bees chapstick. If I were the marketer oof this product, I would differentiate the product from the competition in the following ways:

-The chapstick actually restores moisture in the lips

-The ingredients are naturally sourced with non-toxic ingredients (Unlike Blistex that contains phenol that is harmful to the nervous system)

-Burt's Bees chapstick is free from sulfates and parabens

- Unlike other chapsticks, you do not have to constantly reapply

Explanation:

This is like a really rough draft, but you get the idea,

Suppose the Federal Reserve sets the reserve requirement at 20%, banks hold no excess reserves, and no additional currency is held. Instructions: In part a, round your answer to two decimal places. In part b, enter your answer as a whole number. a. What is the money multiplier? b. How much will the total money supply increase by if the Federal Reserve increases reserves by $400 million? $ million

Answers

The money multiplier is 5. And the total money supply increase by $2,000 million if the Federal Reserve increases reserves by $400 million.

Given,

The Federal Reserve sets the reserve requirement at 20%.

Banks hold no excess reserves, and no additional currency is held.

The money multiplier displays the amplitude of the change in the money supply as a result of the addition of new reserves to the banking system.Banks use the money they are not obligated to retain in reserve to make loans, and the borrowed money shows up on other customers' deposit accounts. In macroeconomics, the money multiplier is significant because it controls the money supply, which influences interest rates. Because it affects monetary policy and the stability of the banking industry, it is also significant in the banking industry.

The money multiplier formula can be used to calculate the total amount of new deposits or money created.

Money multiplier = 1/reserve ratio

= 1/0.20

= 5

change in Total money supply = Money multiplier × change in reserves

= 5 × $400 million

= $2,000 million

Hence, The money multiplier is 5. And the total money supply increase by $2,000 million if the Federal Reserve increases reserves by $400 million.

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How do you integrate the different valuation approaches into a report? Explain it.

Answers

The report preparer will integrate the different valuation approaches into a report by creating a separate sections for the different valuation method for decision making of interest user.s

What are valuation approaches?

This refers to the methodology used to determining the fair market value of a business such as quantifing the net present value of future benefits associated with ownership of the equity interest or asset.

In accounting, the process of valuing a company as a going concern includes three main valuation methods that includes the DCF analysis,comparable company analysis andprecedent transaction.

Most time, the report preparer will integrate the different valuation approaches into a report by creating a seperate sections for the different valuation method for decision making of interest users.

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Which of the following is a criticism of conflict theory?

A.)

It focuses on individual interactions rather than on broader social structures.
B.)

It tends to focus on conflict to the exclusion of recognizing stability.
C.)

It focuses on gradual changes over time rather than on abrupt changes.
D.)

It does not recognize the economic and social structures that exist in society.

Answers

Answer:

B. it tends to focus on conflict to the exclusion of recognizing stability.

Explain this statement:
governments should use fiscal policies to keep the economy moving, even if a little hobbled.

Answers

The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty.

When the economy is weak, fiscal policy can help maintain private sector incomes and aggregate demand. When the economy is strong, fiscal policy can help moderate economic activity. The so-called "automatic fiscal stabilisers" are a key stabilizing component of fiscal policy.

Economic growth can be significantly influenced by fiscal policy. Countercyclical fiscal expansion can aid in sustaining aggregate demand and GDP in the short run during cyclical downturns.

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Mr. Edwards, a marketing representative of the ACME Insurance Company, scheduled a marketing event and expects about 40 people to attend. He has hired a magician for $200 to entertain attendees. Can he do this in a way that complies with guidance from the Medicare agency?

Answers

Yes, he can do this in a way that complies with guidance from the Medicare agency, because the estimated number of attendees is based on the venue size and response rate and the value of the gift does not exceed.

What is marketing?

Marketing can be defined as the process of creating product or brans awareness so as to attract potential customers which inturn can help to increase a company sales.

Based on the given scenario he can do this in a way that complies with guidance from the Medicare agency, based on the fact that the total number of attendees is based on how large or how small the venue is and response rate as well as the value of the gift does not exceed.

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Drag each tile to the correct location.
Match each situation with the agency it involves.
National Highway Traffic
Safety Administration
Food and Drug Administration
Situation
A new miracle pill claims to boost
memory and cognitive skills among
adults.
Each seat in Ryan's new car has a
three-point seat belt.
Carrie's radio show was suspended
after she uttered a profane word on air.
Reset
Next
Federal Communications
Commission
Agency

Answers

National Highway Traffic= Each seat in Ryan’s new car has a three-point seat belt.

Safety Administration= Carries radio show was suspended after she uttered a profane word on air.

Food and Drug Administration= A new miracle pill claims to hood memory and cognitive skills among adults.

Troubleshooting examples interview

Answers

The ability to adopt a methodical approach towards identifying and then solving a problem or issue at hand is referred to as one's troubleshooting skills. In simple words, troubleshooting skills are the problem solving capabilities of a person.

What is problem-solving illustrate with an example?

Problem solving is the act of determining a problem; determining the cause of the problem; determining, prioritizing, and selecting alternatives for a solution; and executing a solution. The problem-solving process.

How do you answer problem-solving talents in an interview?

Analyze the elements that generated the problem.

Brainstorm potential solutions.Evaluate the cost and possible viability of these explanations.Execute a plan.Evaluate the usefulness of your intervention.

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What are the steps to consider when enrolling your participating brokerage account in the broker data import program as a newly hired professional

Answers

The steps to consider when enrolling your participating brokerage account in the broker data import program as a newly hired professional are

Give your broker the signed authorization form that you have already finished submitting.You must manually report the investments if the import will not take place before the deadline.Notify the appropriate parties and activate your brokerage accountIndependence & Conflicts Network must receive your fully filled-out authorization form in order to process your request.

This is further explained below.

What is a brokerage account?

Generally, Broker Data Import Program (BDIP) is a function of the Tracking & Trading System that enables professionals to get automatic downloads of their financial assets from their approved brokerage accounts. This capability helps professionals to more efficiently manage their investments.

In conclusion, You may purchase and sell a wide range of products using an investment account known as a brokerage account. These investments include stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Whether you are putting money away for the future or saving up for a significant purchase, you have complete freedom over how and when you use the money you have set aside.

Answers

It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.

Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.

For instance, a government that is inclined to pursue neo-liberal policies, could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.

Hence, the answer was given and explained above.

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In a manufacturing company, which budget is used as the basis for creating the direct materials budget, the direct labor budget, and the manufacturing overhead budget?.

Answers

The production budget is used as the basis for creating the direct materials budget, the direct labour budget, and the manufacturing overhead budget

Production budgets are used by manufacturing organizations to determine how many product units will be produced.

Sales projections are used to calculate the production budget. Regarding projected inventory levels, it is modified in accordance with the company's inventory policy.

A manufacturer creates cost budgets for the direct materials, direct labour, and overhead costs needed for manufacturing based on the production budget.

The following formula is used in the production budget to estimate how many units will be produced over a given period:

Budgeted sales units - Opening finished goods stock minus Closing finished goods stock equals the production budget.

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NOVO FINANCE ECONOMICS AND ACCOUNT
243 Sub-task 3: Economic environment (Total: 30 marks: 180 minutes)
The Book Store is a business which sells a variety of books to suit any lifestyle, from
bestselling novels, educational material to children's books
The owner, Wendy Brocks, has realised that there is a demand for creative stationery
based on her customers' requests. She decided to expand her business by producing a
stationery-line including creative paper, envelopes, notepads, creative stamps, craft pens
and wrapping paper which she will sell in
store.
Wendy is considering using semi-finished products to produce the stationery and wants to
loan in order to gain the capital for the expansion of The Book Store. Wendy knows that
import the creative stamps and craft pens from China. Wendy plans to apply for a business
she has to conduct thorough research before starting this new venture.
The student is required to assist Wendy by conducting the research and preparing an
investigative report on the following points:
a) The four factors of production (inputs) needed for the manufacturing process of The
Book Store's new stationery-line. The student is required to investigate two inputs for
each factor of production.
b) Include a drawing of the production process of this new venture.
c) Research the infrastructure needed to manufacture the stationery-line.
d) Propose ideas on how to produce the creative stationery in an environmentally friendly
way to prevent deforestation.
e) Assuming the inflation-rate rises, give one implication that this increased inflation rate.
would have on the import cost of creative stamps and craft pens from China.
Find out the current interest rate as Wendy is considering applying for a loan. The date
the interest rate obtained must be given.
9) The investigation should be concluded by providing an opinion as to whether this
business idea is viable or not and provide three reasons to substantiate the answer.

Answers

The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery include land, labor, capital and entrepreneur.

How to illustrate the information?

Based on the information given, the production process of this new venture will be the input or resources that will be used for the production process.

The infrastructure needed to manufacture the stationery-line will be capital, and portfolio designs as well as printing machines.

The ideas on how to produce the creative stationery in an environmentally friendly.way to prevent deforestation is to use less paper and recycling.

An implication of this increased inflation rate is that it lead to the increase in production cost.

Lastly, the business is viable as there is a demand for creative stationery based on her customers' requests.

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Entrepreneurs must make sense of complex information and make decisions about how to invest their time, effort, and other resources. Consequently, it is important to understand that.

Answers

It is important to understand that good entrepreneurs must be good judges.

What are the qualities of Good Entrepreneurs?Self-Motivation

Self-motivation is one of the most crucial characteristics of entrepreneurs. You must be able to push yourself if you want to achieve.

Take Chances

Successful businesses understand that it is sometimes necessary to take risks. As a business owner, playing it safe nearly never leads to success.

Understanding How to Network

Networking is a key aspect of entrepreneurship. Success is sometimes determined by who you know.

Basic Financial Management Knowledge and Skills

We typically conceive of successful entrepreneurs as "big picture" thinkers who don't sweat the small stuff.

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is eskom's managers actively involved in the decisions of the business

Answers

It is a true statement that eskom's managers are actively involved in the decisions of the business.

What is a manager?

This refers to the officials responsible for supervising and motivating employees as well as directing the progress of an organization.

The role of manager includes to perform functions such as like planning, organizing, staffing, directing, controlling etc.

Most of these functions are essential for running an organization smoothly and achieving enterprise objectives.

Therefore, It is a true statement that eskom's managers are actively involved in the decisions of the business because the basic functions pointed above are made by the managers to achieve organizational goals.