In no less than 100 words, explain the impact of implementing a vertical integration strategy (Forward and Backward) within the value chain. Use at least two examples to help you explain your answer.
Answers
Implementing a vertical integration strategy, whether forward or backward, can have significant impacts on a company's value chain.
Backward integration involves a company acquiring or controlling suppliers or raw material sources. This strategy allows the company to have more control over the supply chain, ensuring a steady supply of inputs and potentially reducing costs. For example, a car manufacturer acquiring a tire manufacturer can secure a stable supply of tires and potentially reduce dependence on external suppliers.
Forward integration, on the other hand, involves a company acquiring or controlling distribution channels or downstream activities. This strategy enables the company to have direct access to customers, enhance brand value, and capture more profit margins. An example is a clothing manufacturer opening its own retail stores, allowing it to bypass intermediaries and gain better control over pricing and customer experience.
Both forms of vertical integration can lead to increased efficiency, cost savings, better coordination, and improved competitive advantage. However, they also carry risks such as higher capital requirements, reduced flexibility, and potential conflicts with external suppliers or customers. Therefore, companies need to carefully assess the potential benefits and drawbacks before implementing a vertical integration strategy.
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Related Questions
What should you do before you approach a atm
Answers
Answer:
Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.
Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.
Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.
Explain the differences between a partnership and a corporation
Answers
Click this link to view O*NET's Work Context section for Insurance Underwriters. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Insurance Underwriters? Check all that apply. electronic mail and telephone cramped work space freedom to make decisions spend time standing spend time sitting frequency of decision-making
Answers
The common work contexts for the given occupation are electronic mail and telephone, cramped work space, and freedom to make decisions.
Insurance Underwriters typically use electronic mail and telephone to communicate with clients, agents, and colleagues regarding insurance policies, claims, and underwriting decisions.
Insurance Underwriters may work in cramped office spaces due to the need for large volumes of paperwork and documents that must be organized and maintained.
Insurance Underwriters have a high degree of autonomy in making underwriting decisions based on their analysis of policy applications, risk assessments, and other factors.
The work context section on O*NET does not list spend time standing, spend time sitting, or frequency of decision-making as common work contexts for Insurance Underwriters.
However, it's important to note that Insurance Underwriters typically spend a significant amount of time sitting at a desk or computer, and the frequency of decision-making can vary depending on the complexity of the policies being underwritten and the volume of applications that need to be processed.
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Answer: A, C, E, and F.
Identifying States of Matter
Which statement best describes the movement of atoms in a solid?
They are able to slide past each other.
They spread apart as far as possible.
They have no freedom to move.
They are free to move in all directions.
Answers
Answer:
They have no freedom to move
Explanation:
because its a solid so the atoms don’t make like a liquid or a gas
With respect to the doctrine on Consideration, Past Consideration is 'irrelevant'
Critically discuss this statement, with the following requirements;
Three (3) applicable case laws on the subject matter
State clearly :
The issue
Basic facts of the Cases
The Judgement
Answers
The statement that past consideration is irrelevant under the doctrine of Consideration is generally accurate. The concept of consideration is an essential element in the formation of a contract, and it refers to something of value exchanged between parties to a contract.
Three applicable case laws on the subject matter are as follows:
Lampleigh v. Brathwait (1615):
Issue: Whether past consideration can be valid and enforceable.
Basic Facts: In this case, Lampleigh had performed services for Brathwait, which included obtaining a pardon from the King. Lampleigh later requested payment for his services, but Brathwait refused. Lampleigh sued Brathwait for the agreed-upon payment.
Judgment: The court held that although the consideration was performed before the promise was made, it was valid and enforceable. The court considered the fact that the service rendered by Lampleigh was at the request of Brathwait and there was an expectation of payment.
Re McArdle (1951):
Issue: Whether past consideration can be a valid consideration for a contract.
Basic Facts: In this case, a family agreed to carry out certain repairs and improvements to a property owned by one of the family members. After the work was completed, the family member promised to pay them £488. However, the promise was made after the work had already been done.
Judgment: The court held that the promise to pay was unenforceable as there was no valid consideration. The work had already been completed before the promise was made, and past consideration cannot be considered as valid consideration for a contract.
Roscorla v. Thomas (1842):
Issue: Whether past consideration can be valid and enforceable.
Basic Facts: In this case, the plaintiff purchased a horse from the defendant. After the sale, the defendant stated that the horse was "sound and free from vice." However, after the sale, it was discovered that the horse had several vices and was not as described.
Judgment: The court held that the promise made by the defendant after the sale was unenforceable. The consideration for the promise was past and had already been performed. There was no valid consideration to support the promise made by the defendant.
In conclusion, while the general rule is that past consideration is irrelevant and cannot form the basis of a valid contract, there are exceptions where past consideration can be considered valid and enforceable. The courts often consider factors such as whether the past consideration was at the request of the promisor and whether there was an expectation of payment or a subsequent promise. The three cases discussed demonstrate the varying approaches taken by the courts in dealing with past consideration.
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This is known as the strategic coordination of the supply chain for the purpose of integrating supply and demand management.
Answers
Supply Chain Management is known as the strategic coordination of the supply chain to integrate supply and demand management.
What is demand management?A planning technique called demand management is used to predict, organize, and control consumer demand for goods and services. This can happen both at macrolevels in the economy and at microlevels within specific companies. At the macroeconomic level, for instance, a government may control interest rates to manage financial demand. To lessen demand during peak hours, a cellular service provider may offer free night and weekend use at the micro level.For businesses that create goods and services, demand management includes a defined set of procedures, tools, and best practices.What kind of demand management is that?Demand planning and forecasting are part of demand management.The following tasks serve as illustrations of demand management: client evaluation, sales forecasting, modeling, and communication.Learn more about demand management here:
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Eager, a tipped employee, reported to his employer that he had received $320 in tips during March. On the next payday, April 4, he was paid his regular salary of $250. The amount of OASDI taxes to withhold from Eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. None of the above. 2 points
Answers
Answer:
Amount of OASDI taxes to withhold = $35.34
Explanation:
Find:
Amount received in march = $320
Amount of salary = $250
Find:
Amount of OASDI taxes to withhold .
Computation:
OASDI tax rate = 6.2%
Total amount = Amount received in march + Amount of salary
Total amount = $320 + $250
Total amount = $570
Amount of OASDI taxes to withhold = Total amount × OASDI tax rate
Amount of OASDI taxes to withhold = $570 × 6.2%
Amount of OASDI taxes to withhold = $35.34
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
what is the differences and similarities between rental goods services and non goods services
Answers
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
List the closing cost items which require RESPA disclosure. What items may be excluded from disclosures under the act? What form can these disclosures take?
Answers
The closing cost items which require RESPA disclosure are Loan origination fees, Appraisal fees, Credit report fees, Title search and title insurance fees, Attorney fees, Recording fees, Survey fees, Transfer taxes and Prepaid interest.
When buying a home, there are many costs associated with closing the deal, such as fees for appraisals, title searches, and insurance. The Real Estate Settlement Procedures Act (RESPA) is a federal law that requires lenders to provide homebuyers with disclosures regarding the closing costs associated with a mortgage loan.
The Real Estate Settlement Procedures Act (RESPA) is a federal law that regulates the process of closing a mortgage loan. One of the primary requirements of RESPA is that lenders must provide borrowers with a Good Faith Estimate (GFE) of the closing costs associated with the loan.
The GFE provides an estimate of the fees and charges associated with the loan and must be provided to the borrower within three business days of the loan application.
The RESPA also requires lenders to provide borrowers with a HUD-1 Settlement Statement, which is a detailed listing of all the closing costs associated with the mortgage loan. The HUD-1 Settlement Statement must be provided to the borrower at least 24 hours before closing.
The following are some of the closing cost items that require RESPA disclosure:
Loan origination feesAppraisal feesCredit report feesTitle search and title insurance feesAttorney feesRecording feesSurvey feesTransfer taxesPrepaid interestThere are also some closing cost items that are not required to be disclosed under RESPA, including:
Homeowner's insurance premiumsProperty taxesPrivate mortgage insurance (PMI) premiumsHome warranty feesThe forms that these disclosures can take include the Good Faith Estimate (GFE), which provides an estimate of the fees and charges associated with the loan, and the HUD-1 Settlement Statement, which provides a detailed listing of all the closing costs associated with the mortgage loan.
In 2015, the RESPA disclosures were updated to create the Loan Estimate and the Closing Disclosure forms. The Loan Estimate is given to borrowers within three business days of applying for a loan, and it provides an estimate of the fees and charges associated with the loan.
The Closing Disclosure is given to borrowers at least three business days before the loan closing, and it provides a detailed listing of all the closing costs associated with the mortgage loan.
In conclusion, the Real Estate Settlement Procedures Act (RESPA) requires lenders to provide borrowers with disclosures of the closing costs associated with a mortgage loan. The disclosure requirements include the Good Faith Estimate (GFE) and the HUD-1 Settlement Statement, which list the fees and charges associated with the loan.
The Loan Estimate and Closing Disclosure forms were introduced in 2015 and provide more detailed and streamlined information to borrowers. Certain closing cost items are excluded from disclosure under RESPA, including homeowner's insurance premiums, property taxes, and private mortgage insurance (PMI) premiums.
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Tiko was approved for a credit card with a limit of $10,000. What would experts recommend that Tiko keep his balance below?
$1000
$5000
$8000
$3000
Answers
Answer:
usually for good credit most people advise that you spend 33% or less of your total credit line. Some say you can go up to 50% but I would recommend to build the best credits you should probably give his balance of $3,000 or less
Answer:
D
Explanation:
3000 or less
Demand elasticity is the extent to which a change in price causes a change in the quantity demanded
Answers
True, demand elasticity is the extent to which a change in price causes a change in the quantity demanded.
How sensitive the quantity demanded is to a good's price is determined by its price elasticity of demand. Almost all goods see a decrease in quantity demanded as prices rise, but some goods experience this decrease more than others. When a product's price changes, its inelastic quantity remains constant.
When a price increases by 1% while holding all other factors constant, the price elasticity provides the percentage change in quantity demanded. Consumers' purchasing patterns are said to be inelastic if they remain relatively constant when the price of a good or service increases or decreases.
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Note that the full question is:
Demand elasticity is the extent to which a change in price causes a change in the quantity demanded. True or False?
2) A deer is...
A. a kind of money.
B. a kind of animal.
C. made of shells.
D. gold or silver.
Answers
The answer is A.
Deers are animals
make a budget of 2000 dollars for a grade six pupil
Answers
Answer:
Spend half save half
Explanation:
The three questions of economics are based on decisions made by economies.
What statement best describes why economies must make these decisions?
Econominc must make these decisions?
Answers
The reason why economies must make these decisions is due to the fact that because resources are limited.
What are resources?These are all of the factors of productions that are used to take care of the needs of man. They are what is is used in the production process for all goods.
It is important to note that human needs are unlimited but the resources that are needed for meeting these needs are only few in number.
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How many acres are in a description reading, "The NW¼ of the SE¼ and the S½ of the SW¼ of the NE¼ of Section 4"?
Answers
The main answer is that the description "The NW¼ of the SE¼ and the S½ of the SW¼ of the NE¼ of Section 4" does not provide enough information to determine the exact number of acres.
The description only specifies the fractional parts of various quarters within Section 4, but it does not specify the size of the section or the size of each quarter.
To determine the number of acres, we need to know the total area of Section 4 in acres. A section of land typically consists of 640 acres, but the exact size can vary depending on the jurisdiction or survey system being used. Once we know the total area of Section 4, we can calculate the number of acres based on the given fractional parts.
For example, if Section 4 is 640 acres, the NW¼ of the SE¼ would be (1/4) * (1/4) * 640 = 40 acres. The S½ of the SW¼ of the NE¼ would be (1/2) * (1/4) * (1/4) * 640 = 20 acres. However, without the information on the size of Section 4, we cannot accurately determine the total number of acres based on the given description.
In summary, the provided description only specifies fractional parts of various quarters within Section 4, and without the total area of Section 4, it is not possible to determine the exact number of acres.
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which is the best tool to use when marketers are seeking to manage uncontrollable consumer behavior stimuli
Answers
The best tool for marketers to use when seeking to manage uncontrollable consumer behavior stimuli is Environmental Scanning.
Environmental scanning is the process of monitoring and analyzing external factors that can influence consumer behavior, such as social, economic, technological, and political factors. By understanding these factors, marketers can better predict and respond to changes in consumer behavior.
Identify key external factors: Marketers should start by identifying the key external factors that may affect consumer behavior. These factors can include demographic changes, cultural shifts, technological advancements, economic trends, and political or legal developments.
Gather information: Next, marketers need to gather information on these external factors. This can be done through various methods, such as conducting market research, reading industry reports, and staying up-to-date with news and developments related to the industry.
Analyze the information: Once the information has been gathered, marketers should analyze it to understand the potential impact on consumer behavior. This can help them identify trends, opportunities, and threats related to the external factors.
Develop strategies: Based on the analysis, marketers can develop strategies to adapt to the changing environment and better manage uncontrollable consumer behavior stimuli. This can involve adjusting marketing campaigns, modifying product offerings, or targeting new customer segments.
Monitor and review: Lastly, marketers should continuously monitor and review the external factors to ensure they remain aware of any changes that may affect consumer behavior. This will allow them to adapt their strategies as needed and maintain effective management of uncontrollable consumer behavior stimuli.
In conclusion, environmental scanning is the best tool for marketers when seeking to manage uncontrollable consumer behavior stimuli, as it enables them to understand the external factors that influence consumer behavior and develop strategies to adapt to these changes.
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Discuss three common
criticisms of marketing
Answers
Answer:
Criticism of marketing focuses largely on two areas: its “excesses” and its “expertness.” “Excesses” are about purposefully shoddy and objectionable products, inadequate warranties, deceptive or objectionable advertising, misleading packaging, questionable selling practices, and emphasis on tawdry values.
Explanation: You're Welcome.
1) If supply increases without a change in demand, we can expect: a) Equilibrium price to rise and equilibrium quantity to fall b) Equilibrium price to fall and equilibrium quantity to rise c) Equilibrium price and equilibrium quantity to fall d) Equilibrium price and equilibrium quantity to rise 2) Price falls and total revenue rises. Demand is a) Inelastic b) Elastic c) Unitary d) Infinite. 3) Opportunity costs are demonstrated by the a) Average cost curve b) Marginal product curve c) Production possibility curve d) Indifference curve 4) All of the following are true about indifference curves, except: a) They do not intersect b) They can be quantified c) They represent ordinal utility d) They are convex in shape 5) The shape of indifference curves is determined by: a) The law of decreasing marginal product b) The law of diminishing returns c) The law of decreasing marginal utility d) Increasing returns to scale 6) The elasticity of demand facing perfectly competitive firms is: a) Elastic b) Inelastic c) Zero d) Infinite 7) When the demand for nutra-sweet rises, we can expect: a) The price of sugar to rise b) The price of nutra-sweet to fall c) The demand for sugar to fall d) The supply of sugar to rise 8) As one input increases with the others held constant, output increases by a smaller and smaller amount. This is called: a) The law of diminishing returns b) Decreased marginal cost c) Decreased marginal utility d) Decreasing returns to scale 9) Changes in all of the following will shift the demand curve except: a) Income b) Taste c) Price d) Related goods 10) Which of the following does not represent an equilibrium: a) When an equal cost line is tangent to an equal product curve b) When the marginal utility of different goods are equal c) When the ratio of marginal utility to price of different goods are equal d) When the budget line is tangent to an indifference curve
Answers
1. If supply increases without a change in demand, we can expect Equilibrium price to fall and equilibrium quantity to rise-- option b
2. Price falls and total revenue rises. Demand is Elastic -- option b
3. Opportunity costs are demonstrated by the Production possibility curve -- option c
4. All of the following are true about indifference curves, except They represent ordinal utility -- option d.
5. The shape of indifference curves is determined by The law of decreasing marginal utility-- option c.
6. The elasticity of demand facing perfectly competitive firms is Elastic-- option a
7. When the demand for nutra-sweet rises, we can expect The price of sugar to rise-- option a
8. As one input increases with the others held constant, output increases by a smaller and smaller amount. This is called The law of diminishing returns-- option a
9. Changes in all of the following will shift the demand curve except Related goods-- option d
10. Which of the following does not represent an equilibrium : When the budget line is tangent to an indifference curve-- option d.
What is Equilibrium price?
The consumer cost associated with a good or service when force and demand are equal or nearly equal is appertained to as the equilibrium price, also known as the request- clearing price. The patron or seller may vend as numerous pieces as they like, and the buyer may pierce as numerous units as they choose to buy. The only price at which consumer and patron plans coincide is the equilibrium price, which is reached when the volume of a good that consumers want to buy( volume requested) and the volume of a good that directors want to vend( volume supplied) are equal. The term "equilibrium volume" refers to this universal volume.
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Sharing information with others is an effective reason to schedule a meeting. Group of answer choices True False
Answers
Answer:
Your answer would be True.
Explanation:
what tiny country once offered itself to be rented out for $70,000 a night?
Answers
Answer:
Liechtenstein
Answer:
Liechtenstein
Explanation:
In 2011, Airbnb partnered with the tiny German-speaking principality of Liechtenstein to offer the entire country out for rent
What is an optical cue?
Answers
answer well they provide depth information when viewing a scene with both eyes.
i don't know how else to explain it
22. Akshay worked at a cafe while he was a college senior in Boston,
Massachusetts. After graduating in June, he moved back to his home in
California and started a full-time job in September. Which of the following
statements is true?
Answers
Answer: The answer is C
Explanation: I got this correct on a test
Not offering ski equipment in a southern state is an example from what "chunk" of Marketing? a Channel Management b Marketing Information Management c Market Planning d Pricing e Promotion f Selling
Answers
Answer:
Market Planning
Explanation:
Marketing Planning are steps taken that consists of market situation analysis, analysis of marketing opportunities information, market and forecast, to develop a bases for objectives to achieve in the market structuring and advancing a marketing approach or strategy. As such the marketing plan are an outline of actions having a strategic base.
Examples of marketing planning includes;
1) Advertisement
2) Cause Marketing, that ties the offered product to a particular social cause or people policy or issue
3) Marketing by word of mouth
4) Marketing on the internet
5) Marketing based on relationship
Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answers
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
how does illiteracy help to increase population growth rate? give reasons
Perfect answer will be marked as brainlist
Please I need answer quickly
Answers
how does strategic management typically evolve in a corporation
Answers
Strategic management in a corporation typically evolves through various stages and processes.
The specific evolution may vary depending on the company's size, industry, and other factors, but here is a general outline:
Initial Strategic Planning: The process begins with the development of a strategic plan, which involves defining the company's mission, vision, and goals. This initial stage sets the foundation for strategic management.
Environmental Analysis: The corporation conducts a thorough analysis of its internal and external environment, including factors such as market trends, competition, technological advancements, and regulatory changes. This analysis helps identify opportunities and threats.
Strategy Formulation: Based on the environmental analysis, the corporation formulates its strategies to achieve its objectives. This includes identifying target markets, positioning the company's products or services, and determining competitive advantages.
Strategy Implementation: Once the strategies are developed, they need to be effectively implemented throughout the organization. This involves allocating resources, setting performance targets, and aligning the actions of different departments or business units with the strategic goals.
Continuous Evaluation and Adaptation: Strategic management is an ongoing process that requires continuous evaluation of the strategies' effectiveness. Key performance indicators (KPIs) and metrics are monitored to assess progress and make necessary adjustments to the strategies based on changing market conditions or internal factors.
Organizational Learning: As the corporation implements and evaluates its strategies, it learns from both successes and failures. This learning process helps refine the strategic management approach, leading to improved decision-making and better performance over time.
It's important to note that strategic management is not a linear process but rather a dynamic and iterative one. The corporation must be adaptable and responsive to changes in the business environment to remain competitive and achieve long-term success.
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What is the length of the Scaled Scrum Daily Scrum?
Answers
The length of the Scaled Scrum Daily Scrum, also known as the Daily Stand-up, is typically 15 minutes.
This brief duration ensures efficient communication and problem-solving within the team, while keeping the meeting focused and concise.During the 15-minute Daily Scrum, the development team members provide updates on their progress since the last meeting, discuss any obstacles or issues they are facing, and collaborate on solutions. In a Scaled Scrum framework, the Daily Scrum is often attended by representatives from multiple Scrum teams, who may provide updates on the status of their respective teams' work and identify any dependencies or inter-team issues.
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The length of the Scaled Scrum Daily Scrum can vary depending on the size and complexity of the project. However, the recommended time limit for the Daily Scrum in a Scaled Scrum framework is 15 minutes. This time limit is consistent with the recommended time limit for the Daily Scrum in a standard Scrum framework.
During the 15-minute Daily Scrum, the development team members provide updates on their progress since the last meeting, discuss any obstacles or issues they are facing, and collaborate on solutions. In a Scaled Scrum framework, the Daily Scrum is often attended by representatives from multiple Scrum teams, who may provide updates on the status of their respective teams' work and identify any dependencies or inter-team issues. It is important to note that while the 15-minute time limit is recommended, the length of the Daily Scrum should be adjusted as necessary to ensure that all necessary information is shared and discussed. The focus should be on efficient communication and collaboration rather than strictly adhering to a set time limit.
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How much notice does the Worker Adjustment and Retraining Notification
(WARN) Act require employers give their employees when a facility is
closing?
A. 120 days
B. 90 days
C. 60 days
D. 30 days
Answers
Answer:60 days
Explanation:
ap3x
Answer:
The question may also ask:
The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of how many days before reducing a workforce?
The answer is still 60 days
Explanation:
Having just one error on a cover letter may eliminate an applicant from being considered for employment.
Answers
Answer:
i think its true
Explanation:
im sorry if im wrong