The resource-based view classifies all resources as

Answers

Answer 1

The resource-based view classifies all resources as Firm-based resources may be tangible or intangible.

Resources refer to the various inputs or assets that a business uses to produce goods or services. These resources can be tangible, such as equipment, raw materials, and money, or intangible, such as knowledge, skills, and intellectual property.

In a business context, resources are critical for the success of the organization. They enable businesses to operate, grow, and innovate. Effective management of resources is essential for achieving business goals and objectives.

Resource management involves identifying, acquiring, and deploying resources efficiently and effectively to maximize productivity and profitability. It requires careful planning, allocation, and monitoring of resources to ensure that they are used optimally and that waste is minimized. Overall, resources are the building blocks of any business. They enable organizations to operate and compete in the marketplace. Effective resource management is essential for business success, growth, and sustainability.

To learn more about Resources visit here:

brainly.com/question/28605667

#SPJ4


Related Questions

The number of companies involved in international trade has grown significantly in recent years. What percent of U.S. exporters are relatively small companies (i.e. less than 500 employees)?
A.Less than 5%
B.10%
C.25%
D.More than 90%

Answers

The number of companies involved in international trade has indeed grown significantly in recent years, driven in part by advances in technology and increased access to global markets. Here option D is the correct answer.

In the United States, small and medium-sized enterprises (SMEs) play an important role in international trade, accounting for a significant portion of U.S. exports.

In fact, the vast majority of U.S. exporters are relatively small companies. According to data from the U.S. Census Bureau, more than 90% of U.S. exporters have fewer than 500 employees. This suggests that SMEs are a critical part of the U.S. export economy and that international trade can provide important growth opportunities for smaller businesses.

While larger companies may have more resources and experience to navigate the complexities of international trade, smaller companies can often be more agile and innovative in responding to new market opportunities. As such, supporting SMEs in international trade is an important policy priority for many governments around the world.

To learn more about international trade

https://brainly.com/question/20492108

#SPJ4

one benefit of a large sample that exceeds the minimum power analysis size is that it...

Answers

One benefit of a large sample that exceeds the minimum power analysis size is that it Enhances the external validity of the study.

Power analysis in business refers to the process of analyzing the power dynamics and relationships within an organization or industry. This involves identifying the individuals or groups that hold the most influence, control, or decision-making power within the organization or industry.

Power analysis can be used to better understand the dynamics of a particular situation, such as a negotiation or conflict resolution, and can help organizations identify areas where power may be imbalanced or where opportunities for collaboration or partnerships exist.

Overall, power analysis is a valuable tool for businesses to gain a more nuanced understanding of the complex relationships and dynamics at play within their organization or industry, and to use this knowledge to make more informed decisions and achieve their strategic objectives.

To learn more about Power analysis visit here:

brainly.com/question/30188744

#SPJ4

the pricing strategy for 3m’s post-it® flag highlighters was to

Answers

Option b. charge a price that would give/provide a reasonable bookstore price to students and an acceptable profit to distributors and 3M.

Businesses can use different pricing strategies when selling their products and services.

To determine the most effective pricing strategy for a company, executives must first identify the company's pricing position, price segments, pricing capabilities, and competitive pricing strategies.

Pricing strategies and tactics vary from company to company and vary across countries, cultures, industries and over time as industries and markets mature and general economic conditions change.

A pricing strategy determines the price a company sets for its products. Pricing can be set to maximize profitability from each unit sold or the market as a whole.

It can also be used to defend an existing market from new entrants, increase market share within a market, or enter new markets.

Pricing strategies can bring both competitive advantages and disadvantages to a company, and often determine the success or failure of a company. Therefore, choosing the right strategy is important.

To learn more about pricing strategies, here:

https://brainly.com/question/28797815

#SPJJ4

Complete question:

3M's pricing strategy for its Post-it ® Flag Highlighters was as follows:

a. match its principal competitors' highlighters' prices.

b. charge a price that would give a reasonable bookstore price to students and an acceptable profit to distributors and 3M.

c. set an initially low price with the intent of bringing down the price even further later if sales were less than anticipated.

d. make the product easier to purchase by placing the Post-it ® Flag Highlighter in discount office supply retailers.

e. use the same pricing strategy as its 3M's Post-it ® Flag and Post-it ® Note offerings.

what company sponsored the halftime performance 2023?

Answers

Every year since the beginning of the show, Apple Music has served as the primary presenting sponsor. The "Apple Music Halftime Show" is now in existence.

Are the halftime entertainers in 2022 paid?

The NFL does not pay halftime performers a "appearance fee, but the artists are definitely paid union scale," according to NFL Vice President of Communications Brian McCarthy in a statement to Newsweek.

What three companies will run ads during the 2023 Super Bowl?

This year, co-branded advertisements should be expected from brands. Netflix and General Motors have a partnership. Instacart and Netflix have joined together with Michelob Ultra. For a consumer wager, Molson Coors is partnering with DraftKings to choose whether Coors Light or Miller Lite will be featured in the company's Super Bowl commercial.

To know more about Halftime Show visit :-

https://brainly.com/question/30515040

#SPJ4

True/False?according to balancing liberty and the pursuit of well-being, the free market fails to protect supplier interests.

Answers

False. The free market is designed to protect the interests of both suppliers and consumers.

it is important for salespeople to while waiting to see buyers. a. strike up conversations with other sales representatives b. create the ideal customer profile c. compare the profits earned from previous buyers d. cold call sales leads e. discuss the initial sales dialogue with their managers

Answers

It is important for salespeople to while waiting to see buyers strike up conversations with other sales representatives. The correct option is a.

What is the communication between buyers and sellers called?

Promotion serves as a conduit of communication between buyers and sellers. It is the process of informing, convincing and influencing a consumer’s decision to purchase. Media advertising, direct mail, personal selling, sales promotion, and public relations are examples of promotional activities.

An in-person discussion of business between a salesperson or sales team or one or more buyers. The sales conversation. Business conversations occur between buyers and sellers as salespeople attempt to introduce, develop, and improve customer relationships.

Thus, the ideal selection is option a.

Learn more about buyers and sellers here:

https://brainly.com/question/30587421

#SPJ1

what should the local regulatory authority do during an inspection?

Answers

These regulatory agencies send inspectors to facilities on occasion to check on operations and make sure they are following all laws, rules, and regulations.

What is the purpose of an inspection by a regulatory authority?

At the state and local levels, rules are written and enforced. In order to ensure the food they serve is safe, all businesses need to follow certain procedures. The operation is informed that it complies with the minimum requirements through the inspection procedure.

What roles and responsibilities does the regulatory authority play?

safeguarding the public interest. monitoring compliance with other legal and regulatory requirements, as well as contractual obligations to the government and users. monitoring compliance with technical, safety, and quality standards (if they are not specified in the contract agreements). Our government's efforts to protect the environment, increase workplace safety, and improve transportation safety all depend on inspections.

To learn more about regulatory agencies here:

https://brainly.com/question/15927707

#SPJ1

A legal entity owned by shareholders whose liability for the firm's losses is limited to the value of the stock they own. Is called

Answers

A corporation is a legal entity owned by shareholders whose liability for the losses of the firm is limited to the value of the shares they own. This type of business structure differs from a sole proprietorship or partnership in that the owners are not personally liable for any business obligations or debts.

The company is a separate legal entity and has its own rights, privileges and obligations distinct from those of the owners. Corporations can be formed through a state filing process or through a private agreement between shareholders. However, companies are subject to double taxation on their profits and have more complex accounting and legal requirements.

To know more about corporation click here

https://brainly.com/question/30029715

#SPJ4

The promotion mix includes advertising, public relations, sales promotion, and personal selling. How would you classify each of the following promotion efforts?
1. McDonald’s uses television to tell consumers about how they can receive free french fries with the purchase of a Big Mac.
2. A Toyota salesperson tells customers about the quality of Michelin tires.
3. CNN has a story about Energizer’s latest ad campaign. The story features a commercial with the Energizer bunny.
4. Quaker Oats places an ad in Good Housekeeping magazine with a coupon attached.
5. A pharmaceutical salesperson leaves free samples with a physician.
6. When you buy a tube of crest toothpaste and you get a free toothbrush with it.
7. After every five visits to Rafferty’s Restaurant you get a free dessert.
8. You are watching the Cleveland Indian’s and the Chicago Cubs world series game and you see a commercial for Carnival Cruise line showing people relaxing on a beach in Mexico.

Answers

Because they must be altered frequently to be effective, sales promotions are typically short-lived. Because of its wide range of variations, it has always been seen as falling under the "other" category in the promotional mix. To increase demand and jump-start sales, that is the aim.

A Sales Marketing and Publicity

Advertising and sales promotion are the following: b. Personal selling; c. publicity and/or public relations; and d.

Personal sales and sales promotion.

A company's sales efforts can be augmented by effective public relations strategies, which can help it build relationships with its clients, advertise its products, and promote its services. PR gives news articles a good spin and is frequently thought of as unbiased and objective promotion as opposed to other types of promotion.

Learn more about promotions  here:

https://brainly.com/question/26239758

#SPJ4

the market structure called perfect competition is best described as

Answers

Pure or perfect competition is a market structure in which there are many tiny enterprises competing with one another.

What is perfect competition?

A market structure characterized by a high number of small businesses competing against one another is known as pure or perfect competition.

Because no single firm has a sizable amount of marketing power to affect market prices, the industry as a whole operates at its best level of output.

It has been shown in theoretical models with the perfect competition that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.

A Pareto optimal equilibrium would be this one.

Therefore, pure or perfect competition is a market structure in which there are many tiny enterprises competing with one another.

Know more about the perfect competition here:

https://brainly.com/question/1488584

#SPJ1

Correct question:

The market structure called perfect competition is best described as _____.

What generally happens when a central bank unexpectedly quits?a) the currency strengthensb) the currency weakensc) the currency strengthens, then weakensd) the currency weakens, then strengthens

Answers

The correct option is C, The currency weakens when a central bank unexpectedly decreases interest rates.

Currency is a medium of exchange that is widely used for buying and selling goods and services. Currency allows individuals and businesses to engage in economic transactions and enables the exchange of goods and services across borders. The value of currency is determined by various factors such as supply and demand, inflation, and interest rates.

Central banks in different countries play a critical role in managing the supply of money, which affects the value of the currency. Currency exchange rates vary based on the strength of the economy and geopolitical factors that impact trade and investment. In short, currency is a critical aspect of global trade and commerce and is essential for the functioning of the modern economy.

To learn more about Currency visit here:

brainly.com/question/29996157

#SPJ4

Complete Question: -

What generally happens when a central bank unexpectedly decreases interest rates?

a. The currency strengthens, then weakens.

b. The currency strengthens.

c. The currency weakens.

d. The currency weakens, then strengthens.

__________ is the premium added to the real risk-free rate to compensate for a decrease in purchasing power over time.

Answers

The premium for maturity risk, which is added to the real risk-free rate to account for a decline in purchasing power over time, is added.

A maturity risk premium is the increased profit you will get from buying a bond with merely a longer maturity date. Charges for maturity risk are intended to offset the risk involved with owning bonds for an extended period of time. In general, as the time to maturity lengthens, the maturity risk premium rises. The "maturity risk premium" is the additional return that such an investor demands or receives in exchange for bearing the maturity risk. In the event of a bond, the idea of maturity risk typically applies. In order to make up for the increased risk that the investor assumes as a result of the longer maturity, a lengthy bond offers a bonus in the form of an increased interest rate.

To learn more about maturity risk premium refer here:

https://brainly.com/question/14827805

#SPJ4

what customer segment(s) does your company sell your product to? low tech high tech distributors a and b

Answers

Option first is correct. Low-tech High-tech Customer segments to which your company sells products.

The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and the consumer, the end user of that product or service. Most companies that sell directly to consumers are B2C companies.

B2C was very popular during the dot-com boom of the late 1990s, used by online he merchants who sell products and services to consumers, primarily through the Internet.

As a business model, business-to-consumer is very different from the business-to-business (B2B) model, which refers to transactions between two or more businesses. Business-to-consumer refers to the process by which a business sells products or services directly to consumers without intermediaries.

B2C usually refers to online merchants who sell products and services to consumers over the Internet. Online B2C has become a threat to traditional retailers who profit from adding markup. But companies like Amazon, eBay, and Priceline thrived and eventually became industry disruptors

Know more about segments here:

https://brainly.com/question/28964140

#SPJ4

How many copper per pound?

Answers

The weight of copper per pound can range from 3.55 to 4.95 pounds.

Copper is a widely used metal that is utilized in various applications, including electrical wiring, plumbing, and roofing.

The number of copper per pound is determined by the weight and purity of the metal. Copper is often measured in pounds per square inch (PSI) or pounds per cubic foot (PCF).

In general, the weight of copper per pound can range from 3.55 to 4.95 pounds.

However, the weight of copper is not the only factor that determines the number of copper per pound. Purity is also a crucial factor. Copper is often alloyed with other metals, such as zinc, nickel, or tin, to improve its properties. The purity of copper is measured in terms of its percentage composition.

To know more about weight here.

https://brainly.com/question/1825239

#SPJ4

what is the assembly line called that focuses on producing more than one model?

Answers

A mixed-model assembly line (MMAL) is a type of assembly line used to assemble various different models of a given product. According to Quarterman Lee, president of Strategos Inc., "Mixed-model production is the practise of assembling several different models of a product on the same assembly.

A mixed-model assembly line (MMAL) is a type of assembly line used to assemble various different models of a given product. Because of the greater variety of industrial settings where MMAL is used today, The method used to test the statistical significance of the random factor in the 2-way mixed model—which has one fixed factor product and one random factor—has received attention.

To learn more about assemble, click here.

https://brainly.com/question/11579419

#SPJ4

Bogart Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. Bogart’s inventories are reported at $1,004 million on its balance sheet. In its footnotes, Bogart Company is required to report the amount at which inventories would have been reported under FIFO method. The difference between these two numbers is commonly referred to as what?
A. LCM disclosures B. LIFO holding gain C. LIFO liquidation D. LIFO reserve

Answers

The difference between the inventory reported under LIFO and the amount at which inventories would have been reported under FIFO is commonly referred to as LIFO reserve. Therefore, the answer is D. LIFO reserve.

The LIFO reserve represents the difference between the inventory value calculated using LIFO and the value calculated using FIFO. Under LIFO, the most recent inventory purchases are considered to be sold first, which can result in a lower taxable income in times of rising prices. However, this can also result in lower reported earnings and lower reported inventory values on the balance sheet.

To comply with accounting standards, companies using LIFO are required to report the amount by which inventory would have been higher if FIFO had been used. This is reported in the footnotes to the financial statements, and the difference between the two inventory values is known as the LIFO reserve. It represents the amount by which the company's reported inventory value is lower than it would be under FIFO.

For more such questions on tax

https://brainly.com/question/30157668

#SPJ4

in what way are employee benefits actually better than wages?

Answers

Employee benefits and wages both play important roles in an employee's compensation package. While wages provide regular income to employees, employee benefits can offer additional value and support.

Here are a few ways in which employee benefits may be better than wages:

Health benefits: Many employers offer health insurance as a benefit to their employees, which can be costly to purchase on an individual basis. Health benefits can provide access to medical care, preventative services, and prescriptions that employees may not be able to afford otherwise.

Retirement benefits: Retirement benefits such as 401(k) plans or pensions can provide employees with a way to save for their future and provide financial security after they stop working. Some employers may also offer matching contributions to these plans, which can help employees build their savings even faster.

Paid time off: Benefits such as paid vacation time, sick leave, and holidays can give employees the opportunity to take time off when they need it, without sacrificing their income. This can improve work-life balance and reduce stress, ultimately leading to higher job satisfaction.

Work-life benefits: Some employers offer benefits such as flexible work schedules, remote work options, or on-site childcare that can help employees balance their work and personal responsibilities.

Overall, employee benefits can provide additional value and support to employees beyond their regular wages. This can improve job satisfaction, attract and retain top talent, and ultimately benefit both the employee and the employer.

To learn more about employee benefits, click here:

https://brainly.com/question/15177448

#SPJ4

with respect to critical audit matters, which of the following statements are true? they are included in the audit report of an issuer entity they are not included in the audit report if the explanatory paragraph needs to be included. they are communicated to the audit committee they are included only if auditor issues a modified audit opinion

Answers

The statement "they are included only if the auditor issues a modified audit opinion" is not true. CAMs are required to be communicated in the auditor's report even if the audit opinion is unmodified.

What are CAMs?

Generally, The statement "they are included in the audit report of an issuer entity" is true with respect to critical audit matters.

Critical audit matters (CAMs) are required to be communicated in the auditor's report for audits of large accelerated filers in the United States, as mandated by the Public Company Accounting Oversight Board (PCAOB). CAMs are matters that are communicated or required to be communicated to the audit committee that (1) relate to accounts or disclosures that are material to the financial statements and (2) involve especially challenging, subjective, or complex auditor judgment.

The statement "they are not included in the audit report if the explanatory paragraph needs to be included" is not true. CAMs are included in the auditor's report regardless of whether an explanatory paragraph is needed.

The statement "they are communicated to the audit committee" is also true. As per the PCAOB standards, CAMs are required to be communicated to the audit committee in writing.

Read more about CAMs

https://brainly.com/question/2272583

#SPJ1

what is accrual basis accounting

Answers

The accrual basis accounting is the process of accounting which recogines business's revenue and the matching expenses which are generated but not when the money acutally changes hands.

The accural accounting is the method of accounting where the revenues and the expenses are recorded which is eanred unless the money is actually received or paid.

There are 3 basic kinds of accrual basis accounts, the matching expenses which are generated but not when the money acutally changes hands.which are accounts receivable, accounts payable, accrued revenue and the accrued liabilities.

To know more about accrual basis accounting  here,

https://brainly.com/question/29108212

#SPJ4

Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers.TrueFalse

Answers

‘Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers. This is false.

What is value chain?

From a product's initial design to its delivery to a customer, there are a number of sequential stages that make up a value chain. The supply chain identifies every point of production, including the sourcing, manufacturing, and marketing phases, where value is added.

A business analyses its value chain by analysing the specific processes engaged in each stage of its operations. A value-chain analysis' goal is to boost manufacturing efficiency so that a business can provide the most value for the least amount of money. It's essential for companies to maintain customer confidence and security so they can keep them as loyal customers in addition to making sure production processes are seamless and effective. Value-chain studies can also be useful here.

Learn more about value chain-

https://brainly.com/question/13439824

#SPJ4

what is the correct order of events for the creation of a substantive rule?

Answers

The creation of a substantive rule typically follows a general process that involves several steps.

The correct order of events for the creation of a substantive rule is as follows:

Issue identification: The agency or governing body identifies an issue that requires the creation of a new rule or the amendment of an existing rule.Notice of proposed rulemaking (NPRM): The agency publishes an NPRM in the Federal Register, which outlines the proposed rule, provides a rationale for the rule, and invites public comments.Public comment period: The public is given a period of time to submit written comments on the proposed rule, and the agency must consider these comments in developing the final rule.Final rule: Based on the comments received, the agency may modify the proposed rule before issuing a final rule. The final rule is published in the Federal Register and becomes effective on a specified date.Judicial review: Interested parties may challenge the final rule in court, arguing that it exceeds the agency's authority, is arbitrary and capricious, or violates other legal requirements.Implementation: Once the rule has been finalized and any legal challenges resolved, the agency begins implementing and enforcing the rule.

It's important to note that this is a general process, and the specifics may vary depending on the agency, the type of rule being created, and other factors.

To know more about judicial review:

https://brainly.com/question/28179489

#SPJ4

the unadjusted trial balance lists supplies with a balance. after taking an inventory of supplies, it was found that were on hand. the adjustment to supplies expense is a:

Answers

The unadjusted trial balance lists supplies with a balance. After taking an inventory of supplies, it was found that were on hand. The adjustment to supplies expense will depend on the amount of supplies that were found to be on hand after the inventory.

Here are the steps you can take to determine the adjustment:

Determine the original balance of the supplies account on the unadjusted trial balance.Determine the amount of supplies that were found to be on hand after the inventory.Calculate the difference between the original balance of the supplies account and the amount of supplies on hand. This difference represents the amount of supplies that were used during the period.Adjust the supplies expense account by debiting it for the amount of supplies used during the period and crediting the supplies account for the same amount.

For example, let's say the supplies account on the unadjusted trial balance has a balance of $1,000, but after the inventory, it was found that only $500 worth of supplies were on hand. The adjustment to supplies expense would be:

Debit Supplies Expense: $500

Credit Supplies: $500

This adjustment recognizes the fact that only $500 worth of supplies were used during the period, and expenses that amount accordingly.

For more such questions on Trial Balance: brainly.com/question/13927466

#SPJ4

your company has implemented an aed program. when should you get the aed?

Answers

An AED (Automated External Defibrillator) is a life-saving device that can help save the life of someone experiencing sudden cardiac arrest. If your company has implemented an AED program, it's essential to have the AED readily available in the event of an emergency.

In general, an AED should be located in an area where it is easily accessible to everyone in the workplace, especially those who are trained in its use. For example, if your workplace is spread out over multiple floors or buildings, it may be necessary to have multiple AEDs in different locations. When determining where to place the AED, consider the following factors:

The AED should be visible and easy to locate. If an emergency occurs, you don't want people wasting valuable time searching for the device.The AED should be located near the area where people are most likely to experience sudden cardiac arrest. For example, if your workplace involves physical labor, it may be wise to have an AED located in the area where the most physically demanding work is being done.The AED should be accessible at all times. If your workplace has restricted access areas, make sure that the AED is still accessible in case of an emergency.Once you've determined where to place the AED, it's essential to ensure that the device is in good working order and regularly maintained. This includes checking the battery, pads, and other components of the AED to ensure that it is always ready for use in case of an emergency.It's also crucial to train employees in the proper use of the AED. Training should include not only how to operate the device but also when it is appropriate to use it and the steps to take before and after its use. Regular training can help ensure that employees are confident and prepared to use the AED when it's needed.

In conclusion, having an AED program in place is a significant step in keeping your workplace safe. Ensuring that the AED is in the right location, well-maintained, and that employees are trained in its use, can make all the difference in saving someone's life in the event of an emergency.

To know more about physical labor:

https://brainly.com/question/27335104

#SPJ4

jones company has the following information: total estimated manufacturing overhead costs $200,000 total estimated direct labor costs 800,000 actual direct labor costs 50,000 actual manufacturing overhead costs 210,000 what is the predetermined overhead allocation rate based on direct labor costs as a single plantwide rate?

Answers

The predetermined overhead allocation rate 25%

How to calculate the  predetermined overhead allocation rate

The predetermined overhead allocation rate can be calculated as follows:

Predetermined overhead allocation rate = Estimated manufacturing overhead costs / Estimated direct labor costs

In this case, the estimated manufacturing overhead costs are $200,000 and the estimated direct labor costs are $800,000. Therefore:

Predetermined overhead allocation rate = $200,000 / $800,000 = 0.25 or 25%

This means that for every dollar of direct labor costs incurred, the company will allocate 25 cents of overhead costs.

Learn more about Predetermined overhead allocation rate at:https://brainly.com/question/14095583

#SPJ1

ticket prices to a kanye west concert increase from $40 to $60. as a result, ticket sales decrease from 50,000 to 40,000. total revenue changes from and demand is . group of answer choices

Answers

Total revenue changes from 2 million to 2.4 million. The demand is inelastic

How to solve for revenue changes

How to solve for the revenue change

$40 *  50,000

= $2 million

$60 * 40,000

= 2.4million dollars

demand elasticity

40000 - 50000 / 40000

60 - 40 / 40

= -1 / 5 ÷ 2 / 4

= -2 / 5

This is inelastic since it is less than 1

Read more on inelastic demand herehttps://brainly.com/question/28001343

#SPJ1

what is the average number of careers a person has in his or her lifetime after the age of 25? a. 5 to 7 b. 12 to 15 c. 20 to 25

Answers

12 to 15 is the average number of careers a person has in his or her lifetime after the age of 25.  The answer is OPTION B.

Between the ages of 18 and 54, these younger baby boomers worked an average of 12.4 jobs. In this report, a job is referred to as a continuous period of employment with a specific employer.

Men held 12.6 jobs on average, while women held 12.3 jobs. Over the course of their working lives, the average person will change careers 3–7 times. Due to the widening range of employment options, 30% of the workforce will now switch careers or jobs every 12 months. The answer is OPTION B.

To learn more about average, click here.

https://brainly.com/question/13448517

#SPJ4

Suppose your expenses for summer school are as follows: tuition: $5,000, room and board: $3,000, books and other educational supplies: $500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $10,000. What is the opportunity cost of going to college this term?

Answers

The opportunity cost of attending college this semester is $6500.

Using the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.

= $5,000+$3,000- $500.=6500

The value of the best alternative foregone when, due to limited resources, a decision must be made between numerous mutually exclusive alternatives is known as the opportunity cost in microeconomic theory. If the best option is chosen, the "cost" is the loss of the benefit that would have been gained from selecting the next-best option. It is described as "the loss of potential gain from other choices when one alternative is chosen" in the New Oxford American Dictionary. The goal of opportunity cost, as a depiction of the link between scarcity and choice, is to ensure efficient use of limited resources.

Learn more about opportunity cost from

brainly.com/question/3611557

#SPJ4

what is the primary benefit that emerges from the use of open-ended marketing research questions?

Answers

Prescriptive knowledge reflects evolving patterns, such as shifting consumer preferences or ebbs and flows in the economy. Prescriptive knowledge identifies problems and explains why they exist.

What is marketing and example?

In a nutshell, it is an action made to draw attention to a company's offerings, which may include both tangible products for sale and services provided. Television ads, billboards at the side of a road, and magazine ads are typical instances of marketing at work.

Why are marketing abilities crucial?

Marketing is what connects customers with goods. It can therefore influence how a company or organisation runs. Since marketing talents are so adaptable, employers seek them out in job candidates. Company leaders must understand how to carry out logical marketing research.

To know more about Marketing visit:

https://brainly.com/question/13414268

#SPJ1

what are two ways a scrum master serves to enable effective scrum teams

Answers

The Scrum Master serves the Scrum Team in a variety of ways, including: self-managing and cross-functional coaching of team members; Removing Obstacles to Scrum Team Progress.

Facilitate developer decision-making - Remove obstacles that block the Scrum team. True or False:

When multiple Scrum Master teams collaborate on the same product, each team should maintain a separate product backlog.

Leader - Has the ability to motivate and successfully lead a team.

Experienced – Has a deep knowledge of Agile principles and remains true to them throughout the project. The Scrum Master is both a facilitator and a coach, helping the Scrum team and the wider organization understand and apply Scrum theory and practice. The Scrum Master helps the Scrum Team work more effectively by skillfully removing obstacles and distractions that can prevent the team from achieving its goals.  

Know more about decision-making here:

https://brainly.com/question/13244895

#SPJ4

Which fund would be financed primarily through the receipt of property and other taxes?
A Governmental funds
B Proprietary funds
C Both governmental and proprietary funds
D Neither governmental nor proprietary fun

Answers

Option - A :  Governmental funds would be financed primarily through the receipt of property and other taxes.

The daily operations and activities of government bodies, such as cities, counties, and school districts, are accounted for using government funding. They are largely supported by taxes and other kinds of income that the government can utilise for general purposes. Taxes that are collected by the government, such as income taxes, sales taxes, and property taxes, may be used to pay public services. The majority of the city's tax-financed operations are covered by these monies. Reporting on government funds frequently has a fiscal focus. General, special revenue, capital projects, debt payment, and permanent funds are the five categories into which the government divides its finances. Governmental finances are often used to keep track of (governmental) operations that are funded by taxes. Use of proprietary money to record business-related activities.

For such more questions on Governmental funds:

brainly.com/question/13488866

#SPJ4

Other Questions
When did the Renaissance start and end? Which one is the correct answer Knives and utensils used to cut melons at room temperature must be cleaned and sanitized at least every how many hours? the process by which individuals learn the attitudes, values, and behaviors appropriate for a particular culture is called ______. In a data set, the number of elements will always be the same as the number of: a. data pointb. independent variable c. dependent variabled.observation the formation of acetic acid from carbon dioxide and hydrogen was most likely catalyzed by hydrothermal vent minerals. the reaction appears to be a nonspontaneous reaction because __________. A man who lives in a village is called village life and A man who lives in a town is called a city life. Village life is really different from city life. City life is a life of luxury and plenty. It is a busy, competitive and noisy life. In the city buses, trucks, cars and other vehicles always run on the road and the industries make sound. City life offers greater modern facilities of life. In the city, schools and colleges offer better standard education. There are scopes for trade, and commerce, medical treatment, etc in cities. So people get employment opportunities. On the other hand, life is quiet and peaceful in the village. There is no rush and hurry. Village life is free from all types of pollution. The air is fresh and clean there. People get fresh vegetables and fishes in the market. So it is completely wrong to consider that life in a village is not good. Life in both these places is dependent on each other and contributes equally to the progress of the country. What is city life? QuestionWhat is the excess charge on a conducting sphere of radius R=0.15m if the potential of the sphere is 1500V and V=0 at infinity?A2.5CB2.5nCC2.5mCD25nCMedium Tapas Escribe el nombre de cuatro tapas y luego di si te gustan o no.modelo:Los pulpos: (No) me gustan los pulpos.1.2.3.4. 1. what did jane addams quickly learn was necessary to alleviate social problems in chicago? Label the following phases of Asexual reproduction. (picture provided) the nurse is caring for a client who has developed compartment syndrome from a severely fractured arm. the client asks the nurse how this can happen. how would the nurse explain compartment syndrome? the average human brain contains about _______ neurons. If You Increase The Distance Between The Plates Of A Capacitor, How Does The Capacitance Change? Not Sure Now Choose From One Of The Following Options Why? A. Doubling The Distance Between Capacitor Plates Will Reduce The Capacitance Four-Fold. B. Doubling The Distance Between Capacitor Plates Will Reduce The Capacitance Two-Fold. C. Doubling the distance between capacitor plates will increase the capacitance two times.D. Doubling the distance between capacitor plates will increase the capacitance four times. what line shows that polonius feels that he is certain of hamlet's problem what is the definition of an activation consulting review? what is lone star overnight? An engine supplies 110 hp to an electric generator, and the generator delivers 90 hp of electrical power. What is theefficiency of the generator?(Type a whole number or decimal rounded to two decimal places as needed) Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory system and the gross method. (Hint: It will help to identify each receivable and payable; for example, record the purchase on July 1 in Accounts Payable-Boden.) -July 1 Purchased merchandise from Roden Company for $6,000 under credit terms of 1/15, n/30, TOB shipping point, invoice dated July 1.-July 2 Sold merchandise to Creek Co. for $900 under credit terms of 2/10, 1/60, POB shipping point, invoice dated July 2. The merchandise had cost $500. -July 3 Paid $125 cash for freight charges on the purchase of July 1. -July 8 Sold merchandise that had cost $1,300 for $1,700 cash. -July 9 Purchased merchandise from Leight Co. for $2,200 under credit terms of 2/15, 1/60, POB destination, invoice dated July 9. -July 11 Received a $200 credit memorandum from Light Co. for the return of part of the merchandise purchased on July 9. -July 12 Received the balance due from Creek Co. for the invoice dated July 2, net of the discount. -July 16 Paid the balance due to Boden Company within the discount period. -July 19 Sold merchandise that cost $800 to Art Co. for $1,200 under credit terms of 2/15, n/60, TOB shipping point, invoice dated July 19. -July 21 Issued a $100 credit memorandum to Art Co. for an allowance on goods sold on July 19. -July 24 Paid Leight Co. the balance due, net of discount. 30 Received the balance due from Art Co. for the invoice dated July 19, net of discount. -July 31 sold merchandise that cost $4,800 to Creek Co. for $7,000 under credit terms of 2/10, 1/60, TOB shipping point, invoice dated July 31. Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 1. Note: Enter debits before credits A sled is pulled with a rope that has a tension of 100.0 N. Find the power required to pull the sled a distance of 1.00 km in 20.0 min.