When the price of oil rises unexpectedly, the equilibrium price level rises and the unemployment rate rises in the short run.
What is equilibrium price?Equilibrium price refers to the meeting point of quantity of goods supplied by a producer and the customers are able to purchase the goods made available.
In other words, it is a price point where the amount of goods that are sold in the market equals the amount of demands for that goods. Here, there will be no surplus over that goods and no sellers will have to face the problem from overproduction.
In order to reach an equilibrium price, both the consumers and the producers have to believe that they're getting the maximum value every time the conduct a transaction with one another
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______ customers include dealers, who buy products to sell to others, and ultimate customers (or end users), who buy products for their own personal use.
internal customers include dealers, who buy products to sell to others, and ultimate customers (or end users), who buy products for their own personal use.
A customer is a person or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.
Use the term customer with an apostrophe before the 's' to indicate the possessive of a single customer. To indicate the possessive plural of the customer, use the term customer with an apostrophe after the 's'. If you don't want the possessive, don't use the apostrophe.
Customers are the most important part of any business, regardless of the industry or the type of products or services you sell. Without customers, there are no sales. Therefore, these are important factors in formulating the marketing message and strategy.
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In Sweden, firms that fail to meet their debt obligations are immediately auctioned off to the highest bidder. (There is no reorganization through Chapter 11 bankruptcy.) The current managers are often the high bidders for the company. (Hint: Assume these auctions are common-value auctions.) Suppose for a particular auction, the current managers have placed a bid of $3 million. True or False: To avoid the winner's curse, your bid should be larger than $3 million. True False
Based on the information about the debt obligations, to avoid the winner's curse, your bid should not be larger than $3 million. Therefore, it's false.
What are debt obligations?It should be noted that debt obligations simply means the debt securities that are issued by companies in regards to money borrowed.
The firms that fail to meet their debt obligations are immediately auctioned off to the highest bidder in Sweden. In such a case, the current managers are often the high bidders for the company.
In such situations, to avoid the winner's curse, your bid should not be larger than $3 million. This is because it's the approximate intrinsic value.
In conclusion, based on the information about the debt obligations, her correct option is false.
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What are the broad categories of commercial banks in the united states? group of answer choices
There are two broad categories of commercial banks in the United States which are- state and national.
A commercial bank refers to a financial institution which performs the functions of accepting deposits from the general public, giving loans for with the purpose of earning profit on it, and it provides various other benefits to its customers.
In the United States, there are two broad categories of commercial banks which comes under state and national banks. Thus, these banks are whether belonging to public sector banks, private sector banks or foreign banks.
Hence, the answer is given and explained above.
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A market situation in which there are many buyers and sellers of a product and no single buyer or seller can control the price is?
At the completion of a long project, aileen gives her assistant a day off with pay to acknowledge all of his hard work. This is an example of ______ power.
At the completion of a long project, aileen gives her assistant a day off with pay to acknowledge all of his hard work. This is an example of reward power.
What is reward?The reward system is a collection of brain structures that are responsible for incentive salience, associative learning, and positively-valenced emotions, particularly those that have pleasure as a key component.
When it comes to benefits and incentives, rewarding employees is one of the most effective strategies to increase retention and employee happiness. According to Think Smart research, firms that use incentive programs achieve their goals with a 79 percent success rate when the right reward is presented.
78 percent of employees said recognition stimulates them in their job, while a combined 68 percent of respondents in REBA's The Rewards Report 2016 indicated recognition with a reward helped them feel valued or motivated at work.
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What is the appropriate discount rate to use only if the proposed investment is a replica of the firm's existing operating activities?
The appropriate discount rate to use only if the proposed investment is a replica of the firm's existing operating activities is WACC.
The weighted common price of capital (WACC) represents a firm's average after-tax price of capital from all resources, inclusive of common inventory, favored stock, bonds, and other kinds of debt. WACC is the common rate an enterprise expects to pay to finance its belongings.
WACC is calculated via multiplying the price of each capital source (debt and equity) with the aid of its relevant weight by marketplace cost, after which adding the products collectively to decide the total. The price of equity may be found using the capital asset pricing model (CAPM).
The weighted average cost of capital is the charge that an enterprise is expected to pay on average to all its security holders to finance its assets. The WACC is typically called the firm's cost of capital. Importantly, it's miles are dictated by means of the outside marketplace and not by control.
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Two-thirds of a number is two more than one-half of another number. The sum of the number is 129. Find the numbers.
Answer: 57 ; 72
Explanation:
Given information
2/3 of a number is 2 more than (1/2) of another number
Sum = 129
Set variables
Let x be the first number
Let y be the other number
Set system of equations
[tex]1)~\dfrac{2}{3} x=\dfrac{1}{2} y+2[/tex]
[tex]2)~x + y=129[/tex]
Eliminate fractions in the 1) equation
[tex]\dfrac{2}{3} x\times6=\dfrac{1}{2} y\times6+2\times6[/tex]
[tex]4x=3y+12[/tex]
Move x and y onto the same side
[tex]4x-3y=12[/tex]
Current System
[tex]1)~4x-3y=12[/tex]
[tex]2)~x + y=129[/tex]
Multiply 3 on both sides in 2) equation
[tex]x\times3 + y\times3=129\times3[/tex]
[tex]3x+3y=387[/tex]
Current System
[tex]1)~4x-3y=12[/tex]
[tex]2)~3x+3y=387[/tex]
Add 1) equation and 2) equation together
[tex](4x - 3y)+(3x+3y)=(12)+(387)[/tex]
Expand parenthesis and combine like terms
[tex]4x - 3y + 3x + 3y = 12 + 387[/tex]
[tex]4x + 3x - 3y + 3y=399[/tex]
[tex]7x=399[/tex]
Divide 7 on both sides
[tex]7x\div7=399\div7[/tex]
[tex]\Large\boxed{x=57}[/tex]
Substitute the x value into one of the equations to find the y value
x + y = 129
(57) + y = 129
y = 129 - 57
[tex]\Large\boxed{y=72}[/tex]
Hope this helps!! :)
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Discuss why a firm in perfect competition may choose to be open on mondays, typically the slowest day of the week, when their revenues do not seem to be sufficient to warrant doing so?
A firm in perfect competition may choose to be open on mondays, typically the slowest day of the week, when their revenues do not seem to be sufficient to warrant doing so because they only have to recover variable costs and to attract price taker.
Many firms don't make money during certain times of the day or week. When you include fixed costs such as the lease for your businesses. What the revenue often does, covers your variable costs. For example, a restaurant may not be making enough to cover its rent but it is making enough to pay for ingredients and labor.
It’s usually because there’s a lot of new information being released that’s pushing the prices up. If you’re not prepared for the new information, you might not be able to sell your product or service in the perfect competition market.
In perfect competition, A firm wants to attract a price taker. Individuals or firms who must take the market price as given are called price takers. A consumer or firm that takes the market price as given has no ability to influence that price. The price is determined by demand and supply in the market—not by individual buyers or sellers. In a perfectly competitive market, each firm and each consumer is a price taker.
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If the fed undertakes expansionary monetary policy, it can return the economy to its original unemployment rate but the inflation rate will be higher.
a. True
b. False
TRUE, If the fed undertakes expansionary monetary policy, it can return the economy to its original unemployment rate but the inflation rate will be higher.
Monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates, and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth and liquidity.
Monetary policy refers to the measures taken by a country's central bank to control the money supply in order to stabilize the economy. For example, policymakers manipulate the money supply to increase employment, GDP, and price stability using instruments such as interest rates, reserves, and bonds.
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When the salesperson asks permission to respond later, they are using the __________ method.
When the salesperson asks permission to respond later, they are using the Objection response method.
In a formal protest made during a trial, testimony, or another proceeding, the opposing party's attorney presents to the judge either the testimony of a particular witness or other evidence that violates the rules of evidence or other procedural law.
Indicates that you want to dismiss. During a trial, these are usually raised after the opposing party has asked questions of the witnesses, before the witnesses have answered them, or when the opposing party is about to present evidence. is determined. If the judge upholds the objection, it means that the judge agrees with the objection and dismisses the question, testimony or evidence.
If the judge dismisses the objection, it means that the judge disagrees with the objection and allows the question, testimony, or evidence. The judge may also allow the attorney to restate the question to correct the issue.
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At what level in the organization should the strategic management perspective be emphasized?
Throughout the Organization should the strategic management perspective be emphasized.
What is Strategic Management?Strategic management is the process of setting goals, procedures, and objectives in order to make a company or organization more competitive. Typically, strategic management looks at effectively deploying staff and resources to achieve these goals.
Example of strategic management:
Consider a large company that wants to achieve more ambitious online sales rates. To meet these goals, the company will develop a strategy, communicate this strategy, apply it across various units and departments in the organization, integrate this with employee goals, and execute accordingly. If an effective strategy is applied, ideally, it will help the company achieve its targets through a single, coordinated process.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
At what level in the organization should the strategic management perspective be emphasized?
A. throughout the organization
B. from the bottom up in an organization
C, at the top of the organization
D, at the middle of the organization
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A ________ is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed
A banker's acceptance is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed.
A banker's acceptance requires the financial institution to pay the holder a set amount of cash on a set date. BAs are maximum generally issued ninety days before the date of adulthood but can mature at any later date from one to one hundred eighty days. They may be usually issued in multiples of $100,000.
A banker's acceptance is a device representing a promised destiny fee by means of a financial institution. The price is customary and guaranteed with the aid of the bank as a time draft to be drawn on a deposit. The draft specifies the amount of budget, the date of the fee, and the entity to which the payment is owed.
Once the exporter ships the mobiles, it presents the proof (i.e., documents) to our bank and receives the banker's recognition. The German firm can hold the bill till adulthood or cut the price today thru the German financial institution.
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A banker's acceptance is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed.
A banker's acceptance requires the financial institution to pay the holder a set amount of cash on a set date. BAs are maximum generally issued ninety days before the date of adulthood but can mature at any later date from one to one hundred eighty days. They may be usually issued in multiples of $100,000.
A banker's acceptance is a device representing a promised destiny fee by means of a financial institution. The price is customary and guaranteed with the aid of the bank as a time draft to be drawn on a deposit. The draft specifies the amount of budget, the date of the fee, and the entity to which the payment is owed.
Once the exporter ships the mobiles, it presents the proof (i.e., documents) to our bank and receives the banker's recognition. The German firm can hold the bill till adulthood or cut the price today thru the German financial institution.
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Suppose the government introduces a new incentive for individuals to save money for retirement. How would this affect the market for loanable funds and the interest rate?.
The supply of loanable funds would increase and interest rates would fall.
For instance, they may lower or do away with taxes on savings interest. More people would be motivated to cut back on their present levels of consumption and increase their savings as a result of the enhanced tax benefits associated with saving.
This will result in a rise in the amount of loanable money available (shift to the right.) The interest rate at equilibrium will decrease. People and businesses will have more motivation to borrow as the interest rate declines, pushing up the demand curve and increasing the equilibrium amount of borrowing and lending in the market.
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In recent years, businesses in general have experienced a lasting impact due to the emergence of?
In recent years, businesses, in general, have experienced a lasting impact due to the emergence of information technologies.
Information technology (IT,) is the use of computers, storage, networks and other physical devices, infrastructure and processes to create, process, store, protect and exchange electronic data in all forms.
In different ways and to varying degrees, these values are threatened by advances in four different categories of information technology: collection, storage, transmission and processing. Sensing is the transformation of real-world information into digital data
Information technology builds communications networks for businesses, protects data and information, creates and maintains databases, enables employees to use computers, and Helps troubleshoot mobile device issues and perform a variety of tasks Other tasks to ensure the efficiency and security of business information
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If the price of bread doubles, what is the resulting percentage change in the price level?
If the price of bread doubles The resulting percentage change is 6%.
What is price?A price is the amount of money or compensation paid by one party to another in exchange for goods or services. In some cases, the production cost is referred to by a different name. If the product is a "good" in the commercial exchange, the payment for it will most likely be referred to as its "price."
The price of a product or service is the result of a complex set of calculations, research and understanding, and risk-taking ability. A pricing strategy considers, among other things, segments, ability to pay, market conditions, competitor actions, trade margins, and input costs.
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Generally the contract owner may change the annuitant at any time provided the new annuitant was _______ at the time the contract was originally written.
Generally, the contract owner may change the annuitant at any time provided the new annuitant was alive at the time the contract was originally written.
An annuitant is a character who's entitled to accumulate the regular payments of a pension or an annuity investment. The annuitant can be the agreement holder or some other person, inclusive of a surviving partner.
Beneficiaries make up the 1/3 designation of an annuity contract. whereas the annuity proprietor and the annuitant can be equal men or women, a beneficiary is a separate character or entity.
An annuitant is someone who's entitled to get hold of blessings from an annuity. The payout blessings for an annuitant are based totally on the man or woman's existence expectancy.
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Cost-push inflation can contribute to a recession by increasing prices, which?
Cost-push inflation can contribute to recession by: increasing prices which reduces output and leads to lower employment and lower real incomes. Price increases, sometimes known as inflation, are essentially the progressive decline in purchasing power. The average price increase of selection of products and services over time can serve as a proxy for the rate at which buying power declines.
The rate at which the cost of goods and services increases is known as inflation. Those who own tangible assets, such as real estate or stored commodities, may benefit from inflation since it will increase the value of their holdings.
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In the capital asset pricing model, the beta coefficient is a measure of ________
In the capital asset pricing model, the beta coefficient is a measure of non diversifiable risk. The significant items of property such as houses, cars, rental properties, stocks, bonds, and even antiques or works of art are considered capital assets.
An asset with a useful life longer than a year that is not intended for sale during normal the business operations is referred to as a capital asset for the enterprises. It is also a form of production expense as a result. The for instance, a computer purchased by a firm for use in its workplace is a capital asset.
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Who is responsible for paying the underwriting fee in a financed real estate transaction?
The borrower is responsible for paying the underwriting fee in a financed real estate transaction.
What is the underwriting fee?An underwriting fee is a payment made to a company in exchange for taking on a risk. A business earns a fee for underwriting a public offering or placing an issue on the market through securities underwriting.Underwriting fees may be charged by lenders to cover the costs of originating, processing, underwriting (of course), and completing your mortgage. In short, the underwriting fee is a closing expense paid directly to the lender by the borrower to cover their overhead and administrative costs and to profit from your mortgage.It is calculated as a reduction from the new issue price.Therefore, the borrower is responsible for paying the underwriting fee in a financed real estate transaction.
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What’s the fewest number of participants or any one type (any single profile or persona) you should include in a user-based test?
For really low-overhead projects, the fewest number of participants are 2 users per study and for some other projects, 8 users or sometimes even more might be better.
What is user-based test?User-based testing refers to the testing method that is generally used in the design process to assess or estimate a product or particular UX feature with real users.
User-based testing involves noticing those users who are working or using with your product so that better improvements or innovations can be made in the product based on how they perform.
For example, a refrigerator or electric brand wanted to test the usability of its product, then it would have to test it on a potential customer. In order to understand whether a product is usable or not, the company should pick a potential customer and give her a precise task, that is known as user- based test.
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A marketing strategy to increase sales of current products in current markets is referred to as.
A marketing strategy to increase sales of current products in current markets is referred to as Market Penetration.
What is Market penetration?A product or service's market penetration is a measurement of how much of the predicted total market for that product or service is actually being used by customers.The development of tactics used to enhance the market share of a specific good or service can also make use of market penetration.A successful market penetration is what?Between 2 and 6 percent is thought to be the range for a market penetration rate for consumer goods that is above average.Between 10% and 40% is a decent penetration rate for business items.Some brands find it useful to determine market penetration after each ad and marketing campaign, while others find it useful to do so every three months.Learn more Market penetration here:
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If aggregate expenditure (ae) is 600 when income is 610, what is the marginal propensity to consume?
The Marginal propensity to consume is 0.5
Consumption function: C = a + MPC * Yd
Where 'a' is the autonomous consumption (i.e., consumption at zero level of income)
MPC is the marginal propensity to consume.
Yd is the disposable income.
=> Yd = Y - T
So, C = 200 + MPC*Yd
=> C = 200 + MPC *(Y - T)
------------------------------------
AE = C + I + G + NX
=> AE = 200 + MPC *(Y - T) + 20 + 100 + 0
=> AE = 320 + MPC* (Y-50)
At Y = 610, AE is 600
=> 600 = 320 + MPC *(610 - 50)
=> 600 -320 = MPC * (560)
=> 280 = MPC * (560)
=> MPC = (280 / 560)
=> MPC = 0.5
Marginal propensity to consume measures how much consumers will spend or save against an overall increase in wages. In other words, if a person received an increase in income, what percentage of that new income would he spend.
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Smartkids, a textbook publisher, is considering investing in a software company that collects and stores data. What beta should smartkids use to assess the risk of the project?
The fact that Smartkids is considering an investment in a software company means that the beta that Smartkids should use to assess the risk of the project is D) The beta for software companies that collect and store data.
What beta would be best for Smartkids?When choosing a project beta, a company should take into account the betas of companies in the industry because these companies will be facing the same challenges that the project would face.
Smartkids should therefore take the beta of software companies that collect and store data just like the software company that they hope to acquire.
Options for this question are:
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When a corporation issues stock to the general public for the first time, it is known as a(n):__.
When a corporation issues stock to the general public for the first time, it is known as a(n) initial public offering.
What is the purpose of an initial public offering (IPO)?
When shares of a private company are initially made available to the public as part of new stock issuance, it's known as an initial public offering (IPO). Through an IPO, a business can raise equity funding from the general public.
What is a disadvantage of an IPO?
An IPO has many drawbacks, one of which is that founders may lose ownership of their business. While there are ways to guarantee founders retain the lion's share of the firm's decision-making authority, once a company goes public, the leadership must satisfy the general public even though other shareholders do not have voting rights.
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For a firm, marginal revenue minus marginal cost is equal to a. change in profit. b. change in average revenue. c. profit. d. average total cost.
For a firm, marginal revenue minus marginal cost is equal to a Change in profit.
Option A. Change in profit:
A firm maximizes its profit when the marginal revenue is equal to the marginal cost. The difference between marginal revenue and marginal cost (Marginal revenue - marginal cost) is equal to a change in the profit. Thus, option 'c' is correct.
Marginal revenue is the profit a firm makes when it sells one more unit of its output. It is calculated as marginal revenue (i.e., the amount of revenue a firm earns from selling one additional unit of production) minus marginal cost (i.e., the cost of producing one additional unit of production).
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A swap that involves the exchange of one set of interest payments for another set of interest payments is called a(n)?
A swap that involves the exchange of one set of interest payments for another set of interest payments is called a(n) interest rate swap.
An interest rate swap is a futures contract that exchanges a future interest payment stream for another payment stream based on a specified principal amount. Interest rate swaps typically exchange fixed interest rates for floating interest rates or vice versa to reduce or increase exposure to interest rate fluctuations or to obtain slightly lower interest rates than would have been possible without the swap. accompanied.
Swaps also involve exchanging one type of floating rate for another, known as a basis swap. An interest rate swap is a futures contract that exchanges a future interest payment stream for another payment stream based on a specified principal amount.
Interest rate swaps may exchange fixed or floating interest rates to reduce or increase exposure to interest rate fluctuations. Interest rate swaps are sometimes called plain vanilla swaps because they are the original swap product and often the simplest swap product.
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Goals for a successful Six Sigma Project include all of the following EXCEPT: Select one: a. A strong project statement b. Keeping within scope. c. A high level of scope creep d. An attainable end-goa
Goals for a successful Six Sigma Project include all of the following EXCEPT a high level of scope creep. Option 'C' is the correct answer.
The Six Sigma approach places a strong emphasis on improving customer requirements knowledge and removing waste and faults.
These goals are accomplished by having a thorough understanding of engineering, project management, statistics, and the underlying systems and processes.
Regarding objectives, Six Sigma aims to:
The six sigma methodology's core focus is quality, which includes initiatives aimed at removing flaws and cutting down on waste that happens during the production of goods or services.Productivity is the tiny incremental improvements in the manufacturing process that most firms and organizations want to achieve. Six sigma productivity seeks to reduce cycle time to maximize efficiency. The whole amount of time spent on one processing operation is known as a cycle time.Variability is the difference between a service or product's actual output and the standard that was intended. By lowering the uncertainty that could result from random or non-random variation, six sigma variability is managed.Hence, Option 'C' is the correct answer.
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Using complex lot-sizing techniques, larger lot sizes can cause an increase in __________, complicating plant logistics. multiple choice question. supplier costs demand setup costs inventory
Using lot-sizing techniques, larger lot sizes can cause an increase in inventory, complicating plant logistics.
Lot sizing techniquesLot sizing is to collect the calculated net conditions by a certain unit regarding cost reduction and job efficiency. There are two primary types of lot sizing:
-method to unify in terms of the course
-method to unify in terms of the amount.
Determining satisfactory lot sizes is required to maintain acceptable inventory and assistance levels. Minimum order quantities ordered by suppliers often blow up inventory levels, especially for items with long stock turn cycles. To determine the lot size that will minimize the costs, industrial corporations utilize Materials Requirements Planning (MRP).
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Ten years ago, lucas inc. earned $0.50 per share. its earnings this year were $3.60. what was the growth rate in earnings per share (eps) over the 10-year period?
21.82 % is the growth rate in earning per share over 10 years period .
Step by step solution :
Earnings per share is the monetary value of earnings per outstanding share of common stock of company .
Growth multiple = EPS in current year ÷ EPS OF 10th year before
Growth multiple = $3.60 ÷ $0.50
Growth multiple = 7.20
Next, raise the [tex]\frac{1}{10} th[/tex] power of the growth rate as it required to compute the growth rate in 10 years
7.20[tex]\frac{1}{10}[/tex] = 1.2182
Now , 1 is to be subtracted from the 1.2182
1.21 - 1 = 0.2182
the final step , multiply 0.2182 by 100 to obtained the answer in percentage
0.2182 × 100 = 21.82%
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A recent trend in corporate settings is to provide each employee with a disaster recovery identification card.
a. true
b. false
A recent trend incorporate settings is to provide each employ with a disaster recovery identification card.
b.false
The first important step in a disaster recovery plan is to ensure that everybody is secure.The second step is responding to the catastrophe earlier than pursuing recuperation, and the final step is following the DRP, which incorporates communicating with all affected events.
Effective disaster recovery (DR) planning have to cope with 5 key considerations –
downtime, records integrity, price, simplicity and protection.
10 things need to consist in disaster restoration Plan checklist
1. recovery Time goal (RTO) and healing point objective (RPO) are:
2. hardware and software stock
3. perceive personnel Roles
4. listing of disaster healing web sites
5. far off storage of bodily files and storage Media
6. disaster reaction strategies
7. perceive touchy statistics
8. define a verbal exchange Plan for catastrophe activities
9. physical Facility wishes
10. Run disaster recuperation Drills.
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