The capital recovery cost (EUAC) at a 5% interest rate is $3,667.29 per year.
To calculate the EUAC (Equivalent Uniform Annual Cost) or capital recovery cost at a 5% interest rate, we will use the following formula:
EUAC = \((P * i * (1 + i)^n) / ((1 + i)^n - 1)\)
Where:
- P is the net initial cost (initial cost - salvage value)
- i is the interest rate
- n is the number of years
For the given machine, the net initial cost (P) is $16,000 ($20,000 - $4,000), the interest rate (i) is 0.05 (5%), and the useful life (n) is 5 years.
Plugging the values into the formula:
EUAC = \((16,000 * 0.05 * (1 + 0.05)^5) / ((1 + 0.05)^5 - 1)\)
EUAC = (16,000 * 0.05 * 1.2763) / 0.2763
EUAC = $3,667.29
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initially m = 600, v = 8, p = 16, and q = 300. according to the crude quantity theory of money, if m rose to 720, how much would p be?
The crude quantity theory of money states that the price level (p) is directly proportional to the money supply (m) and inversely proportional to the velocity of money (v) and real output (q). Mathematically, this can be expressed as p = (m*v)/q.
Using the initial values provided, we can calculate the initial price level as p = (600*8)/300 = 16. Therefore, the initial price level was 16.
If the money supply (m) were to increase to 720, we can use the same formula to calculate the new price level:
p = (720*8)/300 = 19.2
Therefore, if the money supply (m) rose to 720, the price level (p) would increase to 19.2 according to the crude quantity theory of money.
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Will's Pizza can make 12 pizzas in 45 minutes. How many pizzas can they make in 4 hours?
Answer:
sixty four :)
Your ending inventories this week for pasta were 35, 41, 32, 19, and 47 boxes. you par value is 120 and a supplier comes each night. if the cost of a box of pasta is $2.64, then what will you be charged for pasta this week?
We first need to calculate the total number of boxes of pasta that we have in our inventory for this week. Adding up the ending inventories for each day, we get 35+41+32+19+47 = 174 boxes of pasta. Therefore, the amount we will be charged for pasta this week is $174.24.
Since our par value for pasta is 120 boxes, we have an excess inventory of 54 boxes (174-120). Therefore, we will only need to order the amount of boxes that will bring us back to our par value, which is 120 - 54 = 66 boxes.
Next, we can calculate the cost of the pasta we need to order. The cost of a single box of pasta is given as $2.64, so for 66 boxes, the total cost will be 66 x $2.64 = $174.24.
Therefore, the amount we will be charged for pasta this week is $174.24. It's worth noting that this calculation only takes into account the cost of the pasta we need to order to bring us back to our par value, and not the total cost of the pasta inventory for the entire week.
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when auditing liabilities account balances, auditors are most concerned with management' assertion about multiple choice a)completeness b)rights and obligations c)valuation and allocation. d) existence.
existence. Auditors are most concerned with management's assertion about the existence of liabilities account balances during the auditing process.
This means ensuring that the recorded liabilities actually exist, and verifying their accuracy through appropriate documentation and evidence. Auditors need to confirm that the liabilities are genuine obligations of the company and accurately reflect the financial position.
Auditors focus on existence because it is essential to ascertain the legitimacy of liabilities. They examine supporting documents such as contracts, invoices, loan agreements, and correspondence to determine if the liabilities are valid and accurate. By confirming the existence of liabilities, auditors mitigate the risk of misstatement or fraudulent reporting, enhancing the reliability of financial statements. While completeness, rights and obligations, and valuation and allocation are also important assertions, existence is the primary concern to ensure the accuracy and integrity of liabilities account balances.
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how often should you review your free credit report?
You are permitted to verify your credit score as well as credit report at any of the credit bureaus for free in accordance with their mandate. There may only be one report every year, though.
How frequently should someone review their free credit report?You are entitled to a free credit report every year from each of the three major consumer bureaus (Equifax, Experian and TransUnion). Requests for copies can be made at AnnualCreditReport.com. You may obtain and review your free report using one of the following options: Online: Visit AnnualCreditReport.com if you please.At the very least once a year, you ought to check your credit report. You may acquire a freebie 2 - 3 times a year if you ask one of the bureaus for one once every four months.to learn more about credit report refers to:
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With respect to bad debts, what is the allowance method
Answer:
The allowance method refers to one of the two ways for reporting bad debts expenses that results from a company selling goods or services on credit. A business will set aside a certain amount of funds to cover bad debts—or money that probably won’t be repaid to them—and is typically calculated as a percentage based on company sales (in a previous sales period) and specific customer risk assessment.
QUESTION 7 of 20: Money market refers to:
logan had seamless rain gutters installed around her home at a cost of $1,500. she financed the total amount for 18 months at an annual interest rate of 2.5% compounded monthly. after making 12 payments, logan decided to repay the loan in full. what is logan's payoff (in dollars)? (round your answer to the nearest cent.)
Logan's payoff is $497.28 if she financed the total amount for 18 months at an annual interest rate of 2.5% compounded monthly.
Installed cost = $1,500
Time period = 18 months
Annual interest rate = 2.5%
Number of payments = 12
The present value of an annuity is calculated y using the formula,
\(PV = Cx (( 1 - ( 1 +r)^-n/r)\)
Monthly Interest rate = 2.5% / 12
= 0.00208333.
Remaining payments = 18 - 12 = 6 payments
Therefore,
PV = $1,500, r = 0.00208333 and n = 6
\(C = 1,500/ (( 1 - ( 1 + 0.00208333)^-6/ 0.00208333\)
C = $86.23
The present value of the remaining payments is calculated by:
\(PV = 86.23x / (( 1 - ( 1 + 0.00208333)^ -6 / 0.00208333)\)
PV = 497.28
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which organization is your best source of help with the complain about a dangerous product?
The best organization to contact with complaint about dangerous product would be Consumer Product Safety Commission (CPSC) in United States.
What is a consumer product?Consumer products are tangible goods or services that are sold directly to end-users for personal, household or family use. These products range from everyday items like groceries, clothing, and personal care products to luxury items like electronics, jewelry, and designer fashion. They can also include household appliances, furniture, and tools. Consumer products are typically marketed and sold through retail channels like supermarkets, department stores, online marketplaces, and specialty shops. They are usually designed to appeal to a specific target market, and their quality, features, and pricing can vary widely depending on the needs and preferences of the intended consumer. The consumer product industry is highly competitive, and companies must constantly innovate and adapt to changing consumer tastes and preferences in order to remain successful.
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Extending credit to a customer has three major components:
a. a policy on how customer will qualify for credit, a policy on paying commision on sales and a policy for collecting overdue bills
b. a policy on how customer will qualify for credit, a policy on payment plan allowed creditors, and a policy on accounting for depreciation
c. a policy on how customer will qualify for credit, a policy on accounting for depreciation, and a policy on paying commissions on sales
d. a policy on how customer will qualify for credit, a policy on the payment plan allowed creditors, and policy for collecting overdue bills
Extending credit to a customer has three major components: a policy on how customer will qualify for credit, a policy on the payment plan allowed creditors, and policy for collecting overdue bills, option d.
These components are crucial in managing the risk of extending credit to customers and ensuring timely payments. It is important to have clear policies and procedures in place to avoid potential financial losses and maintain healthy customer relationships. Accounting for depreciation and paying commissions on sales may also be important considerations, but they are not the primary components of extending credit.
Therefore, the correct answer is d. a policy on how customer will qualify for credit, a policy on the payment plan allowed creditors, and a policy for collecting overdue bills.
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Bob the Builder Inc. has a bond with a $1,000 face value that is currently priced at $1,011.23. This bond has a 4.26% coupon paid semi-annually and matures in 8 years. What is its yield to maturity in percent?
A. 2.04
B. 2.42
C. 3.04
D. 3.30
E. 4.09
The Yield to Maturity (YTM) of the given bond is 6.6088% (approx). Hence, option (E) is correct.
Given that, the Bond face value = $1000.Bond price = $1,011.23.Coupon rate = 4.26% per year, paid semi-annually.Maturity period = 8 years.
We have to calculate the Yield to Maturity(YTM) in percent.
For calculating the yield to maturity, we can use the approximation method given as follows:
PV = Coupon payment x PVIFA (YTM, n) + Face value x PVIF (YTM, n)Where,
PV = Bond price.Coupon payment = (Coupon rate/2) x Face value.PVIFA = Present Value Interest Factor of Annuity.
PVIF = Present Value Interest Factor.YTM = Yield to maturity.n = Number of periods (years).
Coupon rate = 4.26% per year, paid semi-annually.
Therefore, the Semi-annual coupon rate = 2.13%.Face value = $1000.
Coupon payment = (Coupon rate/2) x Face value= 2.13% × $1000/2= $10.65.PVIFA (YTM, n) = [1 – 1/(1 + YTM/2)^(2n)]/ (YTM/2).PVIF (YTM, n) = 1 / (1 + YTM/2)^2n.
Now, we need to substitute the given values in the formula,
PV = Coupon payment x PVIFA (YTM, n) + Face value x PVIF (YTM, n)$1011.23 = $10.65 x PVIFA (YTM, 16) + $1000 x PVIF (YTM, 16).
On solving the above equation, we get
YTM = 3.3044% per semi-annual period.YTM (annual) = 2 x YTM (semi-annual) = 2 x 3.3044% = 6.6088%.
Therefore, the Yield to Maturity (YTM) of the given bond is 6.6088% (approx).
Hence, option (E) is correct.
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which type of advertising is the most sophisticated and, though difficult to pull off, can powerfully weave ad images with real-life experiences?
The correct response is c. Transformational. The most advanced form of advertising is transformational, which may successfully connect advertisements with everyday experiences despite being challenging to execute.
Transformational thinking helps individuals and teams to create change, operate at their best and achieve persistent success. As a team, transformational thinking is predicated on shared vision, accountability and authenticity. The transformational leadership approach has an impact on both social systems and individual behavior. With the ultimate goal of converting followers into leaders, it optimally brings about significant and positive change in the followers. The four I's, often known as the four distinguishing behaviors of transformational leaders, are typically displayed. Inspirational motivation, idealized influence, intellectual stimulation, and individualized consideration are examples of these activities. Transformational leaders are aware of their strengths and flaws and thrive on personal development. They frequently pause to think and make daily or weekly goals.
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Which type of advertising is the most sophisticated, and though difficult to pull off, can powerfully weave ad images with real-life experiences?
a. Social/cultural movement
b. Image
c. Transformational
d. Product placement
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.
Answer:
observing industry standards and practices that may be unique to the particular industry.
Explanation:
Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.
For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.
It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.
In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.
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
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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Infront of you are 4 statements regarding inventory planning, and Economic order quantity (EOQ)-
The inventory maintenance cost doesn’t include its funding.
The order cost always includes the inventory transportation.
In the field changing model, its assumed that inventory that was order is received at once in the supply date, and that supplier has no shortage.
In the economic cost equation, the connection P*D/Q means – the yearly order cost. (P- order cost, D- yearly demand, Q- the order size in units)
Which of the statements above is accurate?
Pick only one answer –
1,2, and 3.
1,3, and 4.
All sentences.
3 and 4.
2 and 4.
Answer:
Explanation:
The accurate statement among the given options is "2 and 4."
Statement 2 is accurate as the order cost does include the inventory transportation. When placing an order for inventory, the cost of transportation or shipping to bring the inventory to the desired location is typically included in the overall order cost.
Statement 4 is also accurate as in the economic cost equation, the term P*D/Q represents the yearly order cost. Here, P represents the order cost, D represents the yearly demand, and Q represents the order size in units. This equation helps calculate the annual cost associated with placing and receiving orders.
Therefore, the accurate statements are 2 and 4.
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What is the amount of money it costs to display or broadcast an advertisement called?
Geoffrey is waiting for raw materials to be delivered to his company. He had asked the suppliers to deliver the materials by 8:00 am. He knew that the first shift begins at 9:00 am. Which stage of operational planning has Geoffrey performed here?
Answer:
Scheduling
Explanation:
Plato/Edmentum
Compared to a full leather welding jacket, a welding cape is _____. a. cooler b. warmer c. more protective d. more durable.
Compared to a full leather welding jacket, a welding cape is cooler.
Welding capes are typically made of a lighter-weight material than a full leather welding jacket, which allows for better airflow and ventilation. This is especially important when working in hot and humid environments, as it helps to prevent overheating and discomfort. However, it's worth noting that while welding capes may be cooler, they may not be as protective or durable as a full leather welding jacket. Leather jackets are known for their ability to provide a high level of protection against sparks, heat, and flames, as well as their durability and long-lasting nature. They are also more resistant to wear and tear, making them a better choice for heavy-duty welding tasks.
Ultimately, the choice between a welding jacket and a welding cape will depend on a variety of factors, including the type of welding being performed, the environment in which the work is being done, and personal preferences. Those who prioritize protection and durability may prefer a full leather welding jacket, while those who value comfort and breathability may prefer a welding cape.
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Does the United States have a crime "problem" compared to other advanced and industrialized nations? Why or why not?
Why are the definitions of crime and criminal behavior critically important to political entities? Explain.
Assessing whether the United States has a crime "problem" compared to other advanced and industrialized nations is a complex matter that requires careful analysis and consideration of various factors. It is essential to recognize that crime rates and their comparison can be influenced by numerous socio-economic, cultural, and demographic factors.
Here are some points to consider:
Crime Rates: When evaluating crime levels, it is crucial to examine various crime indicators, such as violent crime rates, property crime rates, or specific types of offenses. Comparative analysis should consider the specific types of crimes and the frequency at which they occur.
Data and Reporting: Comparing crime rates across nations can be challenging due to differences in reporting practices, data collection methodologies, and legal definitions. Variations in crime reporting and recording practices can affect the accuracy and comparability of crime statistics.
Socio-economic Factors: Crime rates are influenced by socio-economic factors such as poverty, income inequality, unemployment rates, educational attainment, and social welfare systems. These factors can vary among countries and have an impact on crime levels.
Cultural and Demographic Differences: Cultural and demographic factors, including population density, diversity, social norms, and attitudes towards crime, can also affect crime rates. These factors can differ significantly among nations, leading to variations in crime levels.
Regarding the definitions of crime and criminal behavior, they are critically important to political entities for several reasons:
Legal Framework: Definitions of crime form the foundation of a country's legal system. They define what actions are considered unlawful and provide guidelines for law enforcement, the judiciary, and the criminal justice system to identify, prosecute, and punish offenders.
Consistency and Fairness: Clear and precise definitions of crime ensure consistency and fairness in the application of laws. It helps prevent arbitrary or discriminatory enforcement and ensures equal treatment under the law.
Public Safety and Order: Defining criminal behavior helps protect public safety and maintain social order. By identifying and categorizing certain behaviors as crimes, governments can establish rules and regulations that help deter individuals from engaging in harmful actions and protect citizens from harm.
Resource Allocation: Accurate definitions of crime assist in resource allocation for law enforcement, judicial processes, and correctional systems. It enables governments to focus their efforts and resources on combating specific types of criminal behavior based on their severity and impact on society.
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True or false: Employers pay the same amount of social security and Medicare taxes as the employee pays.
O True
O False
Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
an investor purchases a zero coupon bond at a price of 64. the bond matures in nine years. five years later, the investor sells the bond at a price of 80. this would result in
The investor would realize a capital gain from selling the zero coupon bond at a price higher than the purchase price.
A zero coupon bond is a type of bond that is sold at a discount to its face value and does not make periodic interest payments. Instead, it pays the full face value to the bondholder at maturity. In this scenario, the investor purchases the zero coupon bond at a price of 64, which is below its face value. The bond has a maturity of nine years. Five years later, the investor sells the bond at a price of 80, which is higher than the purchase price. The difference between the selling price and the purchase price represents a capital gain for the investor. In this case, the capital gain would be 80 - 64 = 16. The investor made a profit of 16 on the sale of the bond.
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Which of the following is a disadvantage of being a private limited company?
a. It has a separate legal Identity and therefore has continuity
b. Control is kept over who buys shares in the company
c. Shareholders' personal possessions cannot be taken to pay any debts
d. A summary of the business's accounts can be viewed by the public
This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience:
a.
Paragraph letter
b.
T-letter
c.
Bullet letter
d.
S-letter
Answer:
B
Explanation:
Got it on edge 2020
Pure Wakalah Model is described by the following features, except; a Underwriting surplus, if any, will be returned bank to the Takaful fund O b. The operator is rewarded as an agent that manage the Takaful on behalf of the participants OC. The operator is rewarded with a commission which is tied with its performance Od. Investment profits, if any, will be shared according to an agreed ratio Question 4 Not yet answered Marked out of 1.00 P Flag question Among the differences between Family and General Takaful are the following: EXCEPT: O a. General Takaful will not be terminated upon the payment of a claim during the tenure O b. General Takaful cover risk of the participants during certain period with a renewable option General Takaful has one account called participant investment account O O d. General Takaful usually covers for shorter term period than that of Family Takaful Question 5 Not yet answered Marked out of 1.00 P Flag question Previous page Which of the following is the mostly established takaful model? a. Musawamah Ob. Tawwaruq Oc Od. Wakalah Bal Bithaman Ajil Question 7 Not yet answered Marked out of 1.00 P Flag question There are 2 types of Takaful business, which are and. O a. General takaful and household takaful O b. Family takaful and Hazard takaful O e family solidarity takaful business and general takaful business Od. Specific Takaful and general takaful business
Q4) Among the differences between Family and General Takaful are the following, except: General Takaful will not be terminated upon the payment of a claim during the tenure. (Option A)
Q5) The most established Takaful model is Wakalah. (Option D)
Q7) The two types of Takaful business are General Takaful and Household Takaful.
Q4) Family Takaful and General Takaful are two types of Takaful business models. While both involve risk coverage and mutual cooperation, there are some differences between them. One key distinction is that General Takaful covers risks for a shorter-term period compared to Family Takaful.
Family Takaful provides coverage for longer-term periods, often extending throughout an individual's lifetime or a specified term. On the other hand, General Takaful typically offers coverage for shorter-term durations, such as one year or specific periods based on the participants' needs.
Additionally, in Family Takaful, the policy does not terminate upon the payment of a claim during the tenure. This means that even if a claim is made and paid out, the coverage under the Family Takaful policy continues. However, this is not the case in General Takaful, as the policy may terminate or need to be renewed after a claim is paid.
Q5) Among the various Takaful models, the Wakalah model is the most commonly established and widely used. The Wakalah model operates on the principle of agency, where the operator or Takaful company acts as an agent and manages the Takaful operations on behalf of the participants.
In the Wakalah model, the operator is rewarded with a commission that is tied to its performance in managing the Takaful fund. This model allows for the separation of the Takaful fund's surplus and investment profits from the operator's compensation. Any underwriting surplus is returned to the Takaful fund, and investment profits, if any, are shared according to an agreed-upon ratio.
The Wakalah model provides a transparent and structured approach to managing the Takaful operations, ensuring that the operator's compensation is linked to its performance while safeguarding the interests of the participants and the Takaful fund.
Q7) General Takaful encompasses a range of non-life insurance products and covers various risks, including property, liability, motor, marine, and travel insurance. It provides protection against financial losses arising from these risks for individuals, businesses, and organizations.
On the other hand, Household Takaful is a specific category of Takaful that focuses on providing protection and coverage for individuals and their households. It includes policies related to home insurance, personal accident insurance, medical expenses, and other similar coverages aimed at safeguarding the well-being and assets of individuals and their families.
Both General Takaful and Household Takaful operate based on the principles of Takaful, which emphasize mutual cooperation, risk-sharing, and adherence to Islamic principles. These types of Takaful businesses offer Shari'ah-compliant insurance solutions to individuals and businesses, allowing them to manage their risks while ensuring compliance with Islamic ethical standards.
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How is the value of a product determined?
Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.
The degree to which a firm understands and addresses stakeholder demands can be referred to asa. a stakeholder orientation.b. a shareholder orientation.c. the stakeholder interaction model.d. a two-way street.e. a continuum.
The correct option is (A) stakeholder. The degree to which a firm understands and addresses stakeholder demands can be referred to as stakeholder orientation.
A stakeholder orientation refers to the approach a company takes in understanding and addressing the needs and concerns of various stakeholders, such as employees, customers, suppliers, shareholders, and the community. This orientation emphasizes the importance of considering and incorporating the interests of different stakeholders in the decision-making process to achieve long-term success and sustainability. In contrast, a shareholder orientation focuses primarily on maximizing shareholder value and profits. The stakeholder interaction model suggests a more dynamic process where stakeholders and the company continuously engage and influence each other.
A two-way street and a continuum are not appropriate terms to describe the degree to which a firm addresses stakeholder demands. Therefore, the correct answer is a stakeholder orientation, which emphasizes the company's responsibility and commitment to effectively respond to the needs and expectations of various stakeholders in its operations and strategies.
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What are the basic points to be considered while running the occupation? for each of them
Answer:
interest
qualification
skills
finance