the international society for automation (isa) promotes treating everyone fairly and respectfully including colleagues and co-workers such that we make certain to ... question 2 options: (a) recognize each of their unique contributions and individual capabilities full of strengths and weaknesses. (b) realize some employees are woefully lacking at times such that providing financial support or perhaps some other incentive such that they may have a boost of motivation to succeed. (c) recognize that everyone is human too and will make mistakes such that no corrective action is ever necessary even if you g this problem. (d) judge their quality and/or quantity of work critically and rashly rather than constructively and supportive to foster helping aid in their development.

Answers

Answer 1

The ISA encourages treating all coworkers and colleagues fairly and respectfully, recognising their individual contributions and abilities, and offering helpful criticism.

What do ISA standards entail?

The International Society of Automation (ISA) develops standards for automation specialists to streamline business operations and boost productivity, efficiency, and safety. These regulations cover safety, communication, and symbols and terminology. The ISA "TR20" is one of the most popular forms.

What is the mission of the International Society of Automation?

For its members and clients around the world, ISA creates widely used international standards, certifies experts, offers education and training, publishes books and technical papers, holds conferences and exhibits, and offers networking and career development programmes.

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Related Questions

With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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What will happen to the money supply under the following circumstances in a checkable-deposit-only system? The required reserve ratio is 25%, and a depositor withdraws $700 from this checkable bank deposit. The required reserve ratio is 5%, and a depositor withdraws $700 from this checkable bank deposit. The required reserve ratio is 20%, and a depositor deposits $750 from this checkable bank deposit. The required reserve ratio is 10%, and a depositor deposits $750 from this checkable bank deposit.

Answers

Changes in the required reserve ratio and deposit/withdrawal transactions can affect the money supply in a checkable deposit-only system. The impact varies based on the reserve ratio, with higher ratios leading to a smaller increase or greater decrease in the money supply.

In a checkable deposit-only system, the money supply can be affected by changes in the required reserve ratio and by deposit and withdrawal transactions.
1. If the required reserve ratio is 25% and a depositor withdraws $700 from their checkable bank deposit, the bank must hold 25% of that amount in reserve and can lend out the remaining 75%. Therefore, the money supply decreases by $525 ($700 x 0.75).
2. If the required reserve ratio is 5% and a depositor withdraws $700 from their checkable bank deposit, the bank only needs to hold 5% of that amount in reserve and can lend out the remaining 95%. Therefore, the money supply decreases by $665 ($700 x 0.95).
3. If the required reserve ratio is 20% and a depositor deposits $750 into their checkable bank deposit, the bank must hold 20% of that amount in reserve and can lend out the remaining 80%. Therefore, the money supply increases by $600 ($750 x 0.8).
4. If the required reserve ratio is 10% and a depositor deposits $750 into their checkable bank deposit, the bank only needs to hold 10% of that amount in reserve and can lend out the remaining 90%. Therefore, the money supply increases by $675 ($750 x 0.9).

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true or false: a marketing associate should only create a new task within a campaign for themself, not for other members of their team.

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The statement "a marketing associate should only create a new task within a campaign for themselves, not for other members of their team" is false because it is not the sole responsibility of a marketing associate to create a new task within a campaign.

Instead, any team member can create a new task within a campaign if it is necessary for the completion of a project or campaign. Marketing associates are a part of a team, and they collaborate with other team members to achieve the goals of a campaign.

The creation of a new task within a campaign is a collective effort, and it requires input from all members of the team. Any member of the team, including a marketing associate, can create a new task within a campaign as long as it aligns with the campaign's goals and objectives.

Furthermore, a marketing associate should prioritize communication and collaboration with other team members to ensure that the tasks are assigned to the most appropriate person.

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a certification offered by the business continuity institute is called:___

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A certification offered by the Business Continuity Institute is called the Certificate of the Business Continuity Institute (CBCI).

The Certificate of the Business Continuity Institute (CBCI) is a globally recognized certification offered by the Business Continuity Institute (BCI). The BCI is a professional organization dedicated to promoting and advancing the field of business continuity management (BCM). The CBCI certification is designed for individuals who are involved in or responsible for business continuity and resilience within an organization. It provides a comprehensive understanding of business continuity principles, practices, and frameworks. The certification program covers various aspects of BCM, including risk assessment, business impact analysis, business continuity planning, crisis management, and incident response.

To obtain the CBCI certification, candidates are required to complete a training program or study materials provided by the BCI and pass an examination. The certification demonstrates that individuals have acquired the necessary knowledge and skills to effectively contribute to the development and implementation of business continuity strategies and plans.

The CBCI certification is widely recognized and valued within the business continuity profession and can enhance career opportunities for individuals working in roles related to risk management, business continuity, disaster recovery, and organizational resilience. It signifies a commitment to professional development and the ability to apply best practices in ensuring the continuity of business operations in the face of disruptions or crises.

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What is your definition of ethics? What do you think are some
unethical situations in the healthcare industry?

Answers

Ethics can defined as branch of philosophy that deals with moral principles and values, guiding individuals and societies determining is right and wrong, good and bad, behave in various situations.

It provides a framework for making decisions and taking actions based on principles of fairness, integrity, responsibility, and respect for others.

In the healthcare industry, unethical situations can arise when there is a violation of these ethical principles or when the well-being and best interests of patients or other stakeholders are compromised. Some examples of unethical situations in healthcare include:

1. Patient Neglect or Abuse: Failure to provide appropriate care, neglecting patients' needs, or engaging in any form of physical, emotional, or verbal abuse.

2. Privacy and Confidentiality Breaches: Improper handling or disclosure of patients' personal health information without their consent or in violation of legal requirements.

3. Fraud and Billing Irregularities: Engaging in fraudulent practices such as upcoding, unbundling services, or submitting false claims for financial gain.

4. Conflict of Interest: Failing to disclose personal or financial interests that may influence medical decisions or compromising patient care for personal gain.

5. Informed Consent Violations: Conducting procedures or treatments without obtaining informed consent or failing to provide patients with adequate information to make informed decisions about their care.

6. Discrimination and Bias: Treating patients unfairly or differently based on factors such as race, ethnicity, gender, religion, or socioeconomic status.

7. Research Misconduct: Violating ethical guidelines in conducting and reporting research, such as falsifying data, plagiarism, or failure to obtain proper consent from participants.

8. End-of-Life Issues: Inappropriate decision-making or inadequate communication regarding end-of-life care, including withholding or withdrawing treatment without proper justification or patient/family involvement.

These examples illustrate some of the potential ethical challenges in healthcare. It is essential for healthcare professionals and organizations to uphold ethical standards, establish clear policies and guidelines, and prioritize patient welfare to ensure the provision of safe, effective, and ethical care.

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true or false? a minimum of 4 product images is suggested for a product to be retail ready.

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The statement a minimum of 4 product images is suggested for a product to be retail ready is false.

There is no strict rule regarding the number of product images required for a product to be retail ready.

While it is true that having multiple images can provide customers with a better understanding of a product, there is no specific number of images that make a product retail ready. The number of images required can vary depending on the type of product being sold, the target audience, and the platform on which the product is being sold.

For example, a high-end luxury product may require more images to showcase its intricate details, while a basic household item may require fewer images. Additionally, some retail platforms may have their own guidelines for the number of images required to list a product.

Ultimately, the number of product images required will depend on various factors and should be determined based on what best showcases the product and appeals to the target customers.

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In the short run, a perfectly competitive firm should shut down whenever minimum average variable cost exceeds price minimum average variable cost exceeds price A minimum average total cost exceeds price minimum average total cost exceeds price B marginal revenue exceeds marginal cost marginal revenue exceeds marginal cost C marginal cost exceeds marginal revenue marginal cost exceeds marginal revenue D it is losing money

Answers

Answer:

A. minimum average variable cost exceeds price.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Hence, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market

In the short run, a perfectly competitive firm should shut down whenever minimum average variable cost exceeds price.

However, the firms always strive to maximize profits by increasing their level of output, such that P = MC. Also, the firms wouldn't be willing to leave or enter into the market because they are not making any profit, such that P=AC.

Your friend asks you, “How early do you think I should start saving and searching for scholarships and state aid?” What do you recommend? Why?

Answers

If my friend asks me about when He/She should start saving then I would suggest that the person should start saving when they have a salary in which they can completely afford their basic living,any surplus of the basic living should be saved.

Only a minimal of salary should be spent on luxuries, the person should start searching for scholarships when they are ready to go college and want the scholarship assistance.

State Aid should only be applied for if the person cannot afford their studies by doing job and when they are unable to secure any scholarship.

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What managed services company began by turning vending into a service?
a. Sodexho
b. Aramark
c. Host Marriott
d. Compass Group

Answers

The managed services company that began by turning vending into a service is Sodexho.

Sodexo is a French multinational corporation that provides integrated services such as facilities management and food services. It was established in 1966 and currently operates in over 80 countries. Sodexo has more than 420,000 workers and serves 100 million customers every day.

The company began by turning vending into a service and has since grown to include a wide range of services such as food services, facility management, and workforce solutions. Sodexo offers solutions that help businesses save money, increase efficiency, and improve quality of life for employees and customers.

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Discrimination
occurs when employment decisions about an individual are based on reasons not associated with job related performance

Answers

Discrimination in employment occurs when individuals are treated unfairly or subjected to adverse employment decisions based on factors that are unrelated to their job-related performance or qualifications.

Such factors can include a person's race, color, gender, national origin, religion, disability, age, or any other characteristic protected by law.

Employment decisions that are discriminatory can take various forms, including:

1. Hiring: When an employer refuses to hire an individual based on discriminatory reasons, such as their race, gender, or age, rather than evaluating their qualifications and ability to perform the job.

2. Promotion: If an employer denies an employee a promotion or advancement opportunity based on discriminatory factors, such as their gender or religion, rather than considering their performance, skills, and experience.

3. Termination: When an employee is fired or laid off due to discriminatory reasons, such as their disability or pregnancy, rather than for legitimate job-related reasons.

4. Compensation: If an employer pays employees differently based on discriminatory factors like their race or gender, providing unequal compensation for similar work and qualifications.

5. Harassment: Persistent mistreatment or harassment based on an individual's protected characteristics, creating a hostile work environment that interferes with their ability to perform their job effectively.

It's important to note that discrimination can be explicit or implicit, intentional or unintentional. Discriminatory practices are not only unethical, but they are also illegal in many jurisdictions. Anti-discrimination laws, such as the Civil Rights Act in the United States, are in place to protect individuals from employment discrimination and ensure equal opportunities for all qualified individuals in the workplace

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Lisi Crichton operates a variety store. Her brother does custom welding and made some racks to hold videos. Lisi gave her brother $5,000 cash and did not get a bill. A similar rack was on display at a department store for $1,000. You are told to book an expense on the company financial statement for $5000. What will you book the amount for?

Answers

Answer:

$1,000

Explanation:

Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.

In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.

Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.

a
3 Discuss a method that a business owner may use to reduce
the level of risk in the running of their business.

Answers

Answer:

Know the law. ...

Document everything important. ...

Hire significant employees. ...

Build your reputation. ...

Protect your data.

here are some ways

Enterprising people will make good office workers.
A.True
B. False

Answers

Answer:

A.True

Explanation:

Enterprising means having or showing initiative and resourcefulness making it helpful in a office.

It’s a it’s trueeeeeeee

Why is it difficult to increase the nation’s supply of goods and services when everyone has a job?

Answers

Because when everyone has a job there would be no one to employ to increase the output of supply of goods and services.

What is the difference between an indicative rate (like LIBOR) and a transaction rate (like the Secured Overnight Financing Rate [SOFR])?

Answers

The difference between an indicative rate, such as the London Interbank Offered Rate (LIBOR), and a transaction rate, such as the Secured Overnight Financing Rate (SOFR), lies in their underlying methodologies and the purpose they serve in financial markets.

LIBOR is an indicative rate that represents the average interest rate at which banks can borrow from one another in the interbank market. It is based on daily submissions from a panel of banks and is used as a benchmark for various financial instruments, such as loans, derivatives, and mortgages.

LIBOR serves as a reference rate and helps determine the interest rates on a wide range of financial products. On the other hand, SOFR is a transaction rate that reflects the cost of borrowing cash overnight collateralized by Treasury securities.

It is based on actual transactions in the repurchase agreement (repo) market, where financial institutions borrow or lend cash using Treasury securities as collateral.

SOFR is designed to be a more reliable and robust benchmark compared to LIBOR, which faced integrity concerns during the past years. As an alternative to LIBOR, SOFR provides a transparent and transaction-based reference rate for financial markets.

In conclusion, while both indicative rates like LIBOR and transaction rates like SOFR are used as benchmarks in financial markets, their underlying methodologies and purposes differ.

LIBOR is based on banks' submissions and serves as a reference rate, while SOFR is derived from actual transactions and provides a transparent benchmark for overnight borrowing costs.

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another way to consider standardization and profitability on a global scale. [ choose ]. the opportunity target of china's substantial investments in africa [ choose ]. Profitability component directed to improving efficiencies in production and economies of scale [ choose ].

Answers

One way to consider standardization and profitability on a global scale is through the implementation of international standards and certifications. By adopting these standards, companies can ensure that their products and services meet certain quality and safety requirements, which can increase customer confidence and competitiveness in the global market.

Regarding the opportunity target of China's substantial investments in Africa, one potential approach to improving profitability could be through investment in infrastructure and technology. By improving infrastructure, such as roads, ports, and energy systems, companies can reduce transportation costs and increase access to markets

As for the profitability component directed to improving efficiencies in production and economies of scale, one potential approach could be through the implementation of lean manufacturing principles. Lean manufacturing focuses on reducing waste and improving efficiency by identifying and eliminating non-value-added activities. By implementing these principles, companies can improve their production processes, reduce costs, and increase profitability.

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theg3eu3guyrgufgrgifrggiygiyrgirgigv

Answers

Answer:

I xixed3odn3dno3xnomxend4ond4imx74d diendeinxe said einxiw dueoxni3d 3id 2did 2iz

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Certain charitable contributions of capital gain property do not qualify for a fair market value deduction. Which of the following characteristic of capital gain property will definitely cause it to qualify for a fair market value deduction?
a. It has appreciated in value
b. It is intangible property
c. It is personal property
d. It is tangible property
e. It is NOT used by the charity for a related purpose

Answers

The characteristic of capital gain property that will definitely cause it to qualify for a fair market value deduction is that it is tangible property. Therefore, the correct answer is option D.

Under US tax laws, certain charitable contributions of capital gain property do not qualify for a fair market value deduction. However, contributions of tangible personal property are an exception to this rule.

If a donor contributes tangible personal property that is used by the charity for a related purpose, the donor is eligible for a fair market value deduction for the contributed property.

Tangible personal property includes items such as artwork, antiques, equipment, and vehicles, and the fair market value of the property is determined based on its current market value. In contrast, intangible property such as patents, copyrights, and trademarks, do not qualify for a fair market value deduction.

In conclusion, if a donor contributes tangible personal property to a charity for a related purpose, they are eligible for a fair market value deduction. Therefore, option D, "It is tangible property," is characteristic of capital gain property that will definitely cause it to qualify for a fair market value deduction.

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Bank statements, business reports, and tax records are filed according to subject and then are subdivided _______.

Answers

Answer:

chronologically

Explanation:

The important documents for the business organization i.e. bank statements, reports of business, tax records should be filed as per the subject and then it subdivided in a chronological manner i.e. one by one

These documents should be kept with proper care and diligence also the information related to these documents should not be disclosed out to any third party i.e. only authorized persons should be involved

1. In. Your own words What is Credit?
2. Why is your credit score important?
3. What important things in your future could be affected by credit scores? Give 3 examples?

Answers

Answer:

1.A credit score is a numerical term that represents a person's creditworthiness centered on a level review of their credit files. The credit score is primarily based on a credit report, which is usually obtained from credit bureaus.

2.Your financial history can affect how easily you can get a mortgage, rent an apartment; make big-ticket purchases; take out loans, and in some industries even get hired. When you apply for a credit card or even a cable hookup, lenders check your credit rating.

Answer: 1to sum it up credit is basically  the ability to borrow money or access goods or services with the understanding that you'll pay later.

2Your credit score is important for a few reasons. First, it influences your chances of getting approved for a loan or credit card. This is particularly important if you want to purchase a home in the future because your score will influence your mortgage eligibility.

3 It raises the price of your bills.

It could keep you from getting the home you want.

It affects the interest rate on your mortgage.

It could influence your relationships.

It determines whether your loan gets approved.

It changes the way you pay for things.

It could keep you from getting hired.

Explanation:

Globalization includes all of the following except
O an integrated global economy
O free flow of capital
O free trade
O limits on global expansion

Answers

Answer:

d. limits on global expansion

Explanation:

;p

Answer:

limits on global expansion

Explanation:

got it right on edge 2023 business law!!

5.) Which strategy for saving do you think would work best for you? Why? (3-6 sentences)

Answers

Put it into a savings account because you can only take so muck out of it each year

Problem 2 (12 points). Last week, you sold short 400 shares of stock for $36 a share. The initial margin requirement is 65 percent and the maintenance margin is 30 percent. Today, that stock is selling for $33 a share. a) Construct a balance sheet for this short sale reflecting today's values. b) What is your current margin position? a) Suppose you close out your position. What is your holding period return? b) What is your effective annual rate?

Answers

a) The balance sheet for this short sale reflecting today's values is:
Assets:
Cash: 0
Shares sold short: 13,200

Liabilities:
Borrowed from broker: 4,620

b) Your current margin position is 285.71%.
a) The holding period return is -13.99%.
b) The effective annual rate is -28.77%.

a) To construct a balance sheet for this short sale reflecting today's values, we need to calculate the current value of the shares sold short and the amount borrowed from the broker.

The current value of the shares sold short can be calculated by multiplying the number of shares sold short (400) by the current price per share (33). Therefore, the current value of the shares sold short is 400 x 33 = 13,200.

The initial margin requirement is 65%, which means you need to provide 65% of the value of the shares as margin. So, the initial margin is 65% x 13,200 = 8,580.

The amount borrowed from the broker can be calculated by subtracting the initial margin from the current value of the shares sold short. Therefore, the amount borrowed from the broker is 13,200 - 8,580 = 4,620.

Constructing the balance sheet:

Assets:
Cash: 0
Shares sold short: 13,200

Liabilities:
Borrowed from broker: 4,620

b) To determine your current margin position, we need to calculate the current margin percentage. The current margin percentage can be calculated by dividing the current value of the shares sold short by the amount borrowed from the broker and multiplying by 100. So, the current margin percentage is (13,200 / 4,620) x 100 = 285.71%.

Since the maintenance margin is 30%, your current margin position is above the maintenance margin requirement. This means you have enough margin to cover any potential losses.

a) To calculate the holding period return, we need to determine the profit or loss made on the short sale. The profit or loss can be calculated by subtracting the initial value of the shares sold short from the current value of the shares sold short. Therefore, the profit or loss is 13,200 - (400 x 36) = 13,200 - 14,400 = -1,200.

The holding period return can be calculated by dividing the profit or loss by the initial margin and multiplying by 100. So, the holding period return is (-1,200 / 8,580) x 100 = -13.99%.

b) The effective annual rate (EAR) can be calculated using the holding period return. The formula to calculate EAR is (1 + Holding Period Return)^n - 1, where n is the number of periods in a year.

Assuming there are 12 periods in a year, we can calculate the effective annual rate as (1 + (-0.1399))^12 - 1 = -0.2877, or -28.77%.


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Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for
$7,411. What was his gross capital gain?

Answers

If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.

Gross capital gain

In order to determine the gross capital gain since we were told that he  purchased stock for the amount of $5,125 in which last month he sold the stock for  the amount of $7,411 we have to deduct the current stock selling price form the stock purchase price by making use of  this formula to determine the  gross capital gain.

Gross capital gain = Current stock selling price - Stock purchase price

Where:

Current stock selling price = $7,411

Stock purchase price = $5,125

Let plug in the formula so as to find the gross capital gain

Gross capital gain = $7,411 - $5,125

Gross capital gain =$2,286

Therefore If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.

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what are the similarites and differences between the business ventures of the wander girls and roxanne quimby

Answers

People are known to engage in business every day. The answers to the question is below;

The similarities  between the business ventures of the Wander Girls and Roxanne Quimby

Their businesses are both founded by women.They both encourages women in business ventures and other areas.They both encourages women to take care of themselves and not neglect themselves.They are advocate for self love for women.

The differences between the business ventures of the Wander Girls and Roxanne Quimby.

Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.Wander Girls is into service delivery while the other is into product delivery.

Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.

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Who can answer thiss?​

Who can answer thiss?

Answers

Answer:

in this order

Explanation:

skill/activity    culinary class     managing    hot and delicious     articles and blogs     plan     new information     strengths     planning tool     not within

good luck <3

according to goldratt, to complete a project on time, the highest priority should be given to the:

Answers

According to Goldratt, to complete a project on time, the highest priority should be given to the critical chain.

Goldratt's theory of constraints states that in any system, there is always one constraint that limits the system's output. In project management, the constraint is the critical chain, which is the longest sequence of dependent tasks that determine the project's completion date.

Goldratt argues that by focusing on the critical chain and ensuring that it is free from delays, the entire project will be completed on time. This means that all resources should be allocated to the critical chain tasks, and any excess resources should be used to accelerate them.

In addition, Goldratt suggests using buffer management to protect the critical chain from uncertainty and variability. By adding buffers to the end of the critical chain and monitoring them closely, project managers can ensure that the project is completed on time even if unexpected delays occur.

Therefore, to complete a project on time according to Goldratt, the highest priority should be given to the critical chain and managing its buffers effectively.

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you have collected the following information about a company: source of capital market value book value after-tax cost long-term debt 100,000 100,000 0.08 preferred stock 60,000 72,000 0.11 common stock 200,000 100,000 0.19 total 360,000 272,000 attempt 1/10 for 1.5 pts. part 1 what is the weighted average cost of capital using market values?

Answers

The weighted average cost of capital using market values is 10.5%.

To calculate the weighted average cost of capital (WACC) using market values, we need to weight the cost of each source of capital by its proportion in the total market value of the company. The formula for WACC using market values is:

WACC = (E/V) × Re + (D/V) × Rd × (1 - Tc) + (P/V) × Rp

Where:

E = Market value of equity

D = Market value of debt

P = Market value of preferred stock

V = Total market value of the company (sum of E, D, and P)

Re = Cost of equity

Rd = Cost of debt

Rp = Cost of preferred stock

Tc = Corporate tax rate

Plugging in the given values, we get:

WACC = (200,000/360,000) × 0.19 + (100,000/360,000) × 0.08 × (1 - 0) + (60,000/360,000) × 0.11

WACC = 0.105 = 10.5%

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Managing a Project Project charter indicate that the agreed deadline (16 months which is November 2023) for project is nearly approaching in next coming two months. However, it was found that 85% of the work activities has been completed as now (September 2023). While a project manager conducting a meeting to overcome this situation, suddenly there is flood happened which damaged your construction project. In due to this, contractor that you have been given an award for the project informed that they cannot fulfil the terms of the contract due to the above situation.

QUESTIONS [45 MARKS]:

(1) Create a list of possible stakeholders together with their interest for this unique project. You may use table method to do the list. [10 marks]

(2) Plot your stakeholders on the power/influence matrix based on the information listed in the question (1) above. [10 marks]

(3) Identify the possible knowledge areas that map to the above phase of the project as per explained in the class. [10 marks]

(4) Develop actions plan that Project Manager need to take to complete the project as well able to manage the supplier accordingly. (You need to develop actions plan for yourself as well to supplier)

Answers

The possible stakeholders for the unique project include project team members, project sponsor, contractors, suppliers, regulatory authorities, local community, project manager, and end users, and the project manager should assess the flood damage, communicate with stakeholders, adjust the project plan and schedule, identify alternative suppliers, collaborate with the team, and continuously monitor and mitigate risks to complete the project successfully.

(1) Possible stakeholders for this unique project include:
- Project team members: They have a direct interest in completing the project successfully and on time.
- Project sponsor: They have a vested interest in the project's success and are responsible for providing necessary resources and support.
- Contractors: They have a financial interest in completing their work and meeting the terms of the contract.
- Suppliers: They have an interest in delivering materials and services on time.
- Regulatory authorities: They have an interest in ensuring the project adheres to relevant regulations and standards.
- Local community: They have an interest in the project's impact on the environment and their daily lives.
- Project manager: They have a significant interest in managing the project effectively and overcoming obstacles.
- End users: They have an interest in the final outcome and functionality of the project.

(2) Plotting the stakeholders on a power/influence matrix would require more information about the stakeholders' specific power and influence in relation to the project.

(3) The possible knowledge areas that map to this phase of the project include project integration management, project time management, project risk management, and stakeholder management.

(4) To complete the project and manage the supplier, the project manager should take the following actions:
- Assess the damage caused by the flood and determine the necessary repairs and adjustments to the project plan.
- Communicate with stakeholders, such as the project team, contractors, and suppliers, to inform them about the situation and discuss possible solutions.
- Revisit the project schedule and make adjustments to accommodate the delay caused by the flood.
- Identify alternative suppliers or develop a contingency plan to ensure the necessary materials and services can be obtained.
- Collaborate with the project team and stakeholders to develop a revised project plan that takes into account the changed circumstances.
- Continuously monitor the progress of the project, identify risks, and take proactive measures to mitigate them.

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