is defined as the relevant knowledge a person can leverage to solve a problem. a. managerial competence b. technical expertise c. subject matter expertise d. team-building know-how

The economy has a net export value of $4 billion, calculated by subtracting imports ($8 billion) from exports ($12 billion), indicating a trade surplus.



The net exports of the economy can be calculated by subtracting the value of imports from the value of exports. In this case, the economy exports $12 billion worth of goods and services and imports $8 billion worth. Therefore, the net exports can be calculated as:

Net exports = Exports - Imports

Net exports = $12 billion - $8 billion

Net exports = $4 billion

Hence, the amount of net exports for the economy is $4 billion. Net exports represent the difference between the value of a country's exports and its imports, indicating whether the country is running a trade surplus or a trade deficit.



Therefore, The economy has a net export value of $4 billion, calculated by subtracting imports ($8 billion) from exports ($12 billion), indicating a trade surplus.

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Answer:

social integration. i hope this helps for you!

Explanation:

Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

​​b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

A) The terms of trade will be advantageous for Luxland because, according to the graph, it can produce only one chip for Pretzel.

However, If it decides to trade, it would accrue a gain of 3 additional chips under the 4 chips to 1 Preztel arrangement.

B) Already, Leanderland gets 1 chip for 4 pretzels. Therefore, it will be disadvantageous for it to accept 4 chips for 1 pretzel trade arrangement. The above question seeks to highlight the comparative advantages of Leanderland and Luxland.

When an economy or country has the ability to manufacture a good or service at a lower opportunity cost than its trading partners, it is said to have a comparative advantage. In the graph above, Luxland has a comparative advantage with the production of Chips.

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There are several legal issues that you would need to consider when starting a new moving company called "Four Movers". These include:

1. Business registration: You will need to register your company with the appropriate state and federal agencies to ensure that you are operating legally.

2. Insurance: You will need to obtain appropriate insurance coverage for your business, including liability insurance to protect your company in the event of any accidents or damages.

3. Licensing: Depending on your location, you may need to obtain special licenses or permits to operate a moving company.

4. Employment Laws: If you plan to hire employees, you will need to be aware of and comply with all applicable employment laws, including minimum wage requirements, overtime rules, and anti-discrimination laws.

5. Contracts: You will need to have legally binding contracts in place with your customers to outline the terms of your services and protect your company in the event of any disputes.

Overall, starting a new moving company can be a complex process with many legal issues to consider. It is important to consult with an attorney and other professionals to ensure that your company is set up and operated in accordance with all applicable laws.

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Answer:

$0

Explanation:

Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.

Answer:

2000 units

Explanation:

We apply the contribution margin concept in solving this.

The selling price is $5

The $1000 overhead cost represents fixed costs.

The $2.50 material cost is the variable cost.

The salary of $4000 is like profits.

Bob has to sell x items to meet the break-even and attain $4000

Break-even = Fixed cost/ contribution margin per unit

fixed cost =$1000

contribution margin = Selling price - variable cost

=$5 -$ 2.50

=$2.50

break-even in units = $1000/2.50

=400 units

To achievea $ 4000 salary , Bob has to sell 400 units + $4000/2.50

=400 unit +1600 units

=2000 units

FORMAL NEGOTIATION between unions and management is a process where both parties come to the table with their respective demands and negotiate until they reach an agreement. This process usually involves a series of meetings where each side presents their proposals and counter-proposals until a compromise is reached.

The negotiation process is a , and it can take weeks or even months to reach a resolution. During this time, both parties will be trying to achieve their respective goals and will need to engage in a give-and-take approach. For example, the union may be negotiating for better wages and benefits for its members, while management may be looking for ways to increase productivity while minimizing costs.

At the heart of the negotiation process is the ability to communicate effectively. Both sides need to listen to each other's demands and concerns and work together to find common ground. This may involve compromising on certain issues or finding creative solutions to meet the needs of both parties. Once an agreement has been reached, it is important to ensure that it is properly implemented. This may involve creating new policies or procedures, providing training for employees, or making changes to the workplace environment. Effective follow-up is crucial to ensure that the negotiated agreement is successful in resolving the issues at hand.
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One example of a company that has dramatically turned around its fortunes and improved its performance is Apple Inc. In the late 1990s, Apple was struggling and facing a decline in market share. However, under the leadership of Steve Jobs, a transformational manager, the company experienced a remarkable turnaround.

One of the key things that Steve Jobs did was to refocus the company on innovation and design. He introduced groundbreaking products such as the iMac, iPod, iPhone, and iPad, which revolutionized their respective industries. Jobs had a clear vision of creating products that were not only technologically advanced but also aesthetically pleasing and user-friendly.

Another significant step taken by Jobs was to streamline and simplify Apple's product line. He eliminated many redundant and underperforming products, focusing instead on a select few that had the potential for massive success. This allowed Apple to concentrate its resources and efforts on creating exceptional products that consumers would love.

Jobs also recognized the importance of creating a strong brand image for Apple. He emphasized the company's commitment to innovation, excellence, and simplicity, which resonated with customers worldwide. This strategic branding approach helped Apple differentiate itself from its competitors and attract a loyal customer base.

The dramatic turnaround of Apple Inc. can be attributed to the transformative leadership of Steve Jobs. His focus on innovation, design, product simplification, and branding played a vital role in improving the company's performance and restoring its fortunes.

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Bath Boutique is probably employing a segmented or specialty targeting strategy. This kind of approach entails concentrating on a condensed, specific market sector.

Bath Boutique targets a specific specialised market. This indicates that they have isolated a small, specialised set of clients who have certain requirements and preferences, and they respond to those requirements by providing high-end bath items. They concentrate their targeting strategy on this specific market group and set themselves apart by offering outstanding service and individualised attention. Bath Boutique is able to stand out from rivals, grow their market share, and cultivate a following of devoted customers by focusing on a certain niche market. Bath Boutique distinguishes themselves from other bath product merchants by concentrating on their expertise and being able to specialise and provide a special value proposition that appeals to a certain group of clients.

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The check-processing operations at your bank would be considered to be a transaction processing system (TPS).

Transaction Processing System (TPS) is an information system that collects, records, stores, and retrieves all the necessary transaction data of an organization, and processes all those transactions to produce useful information for decision-making purposes.

TPS is an essential component of any organization's information system because it collects data and processes it to provide useful information for decision making.

The TPS processes all day-to-day business transactions, such as purchases, receipts, sales, payments, invoices, etc. As a result, it can be said that check-processing operations in banks are a form of transaction processing system (TPS).

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Answer:

The arbitration clause signed by Victor and Business Corp. is binding to them only. That means that they must resolve their disputes using an arbitrator. But that clause has no effect on the Equal Employment Opportunity Commission (EEOC) and any of the actions that it decides to take against Business Corp. Government entities are not affected by arbitration clauses, since breaking the law cannot be made solved by an arbitrator.

Answer:

my best guess would be C.

The owner of a successful restaurant has gotten bored with his business. He decides to sell it and use the money to start a food truck in a new city.

This situation is an example of the characteristic of the U.S. economy that motivates businesses to maximize profits. (B)

Business is the activity of making one's living or making money by producing or buying and selling products

The U.S. has a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces the free market when it comes to capital use, but it also allows for government intervention for the public good.

Profit, in accounting, is an income distributed to the owner in a profitable market production process.

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The savings account that will earn the most interest is $10,000 at 2 percent interest compounded for four years.

Simple interest rate is the interest that is paid only on the principal portion of a loan. Compound interest is when both the amount deposited and the interest already earn increase in value when interest is paid.

Thus, when an account is compounded and the other earns a simple interest, the account that earns a compound interest would have a higher value than the account that  earns a simple interest.

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Answer:

The answer is A. $5,000 at 4 percent interest compounded for four years.

Remember, each person's situation is unique, and it's essential to approach this issue with a mindset of self-improvement and personal growth. By implementing these steps, she can work towards reducing resentment and finding fulfillment in her own achievements.

To keep from resenting the situation where several actors on other shows, less highly rated than hers, make $5 million a year, she should consider the following steps:

1. Focus on personal achievements: She can shift her focus to her own accomplishments and the positive aspects of her work. By recognizing her own successes, she can build self-esteem and pride in her work, rather than comparing herself to others.

2. Evaluate job satisfaction: It is important to consider factors beyond salary, such as job satisfaction and fulfillment. If she enjoys her work, has a supportive team, and feels passionate about her role, it can help mitigate any resentment towards others' higher salaries.

3. Negotiate for a raise: If she believes she deserves a higher salary, she can have a conversation with her employer to discuss her contributions and the value she brings to the show. This can be an opportunity to negotiate for a raise and express her concerns about the discrepancy in salaries.

4. Seek professional development opportunities: By continuously improving her skills and knowledge, she can position herself for future growth and potentially increase her earning potential. Taking courses, attending workshops, or seeking mentorship can enhance her expertise and make her a more valuable asset to the show.

5. Consider long-term goals: It is important for her to focus on her long-term career aspirations and how her current position aligns with those goals. By keeping her eyes on the bigger picture, she can maintain perspective and find motivation beyond immediate financial comparisons.

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Answer:

c I'm pretty sure

hope this helped!

Option A). Global segmentation, targeting, and positioning (STP) is more complicated than local STP, partly because "consumers may view their roles differently in different countries. "

This complexity arises due to varying country cultures, politics, and economy, which may lead to consumers interpreting their roles differently, making it challenging for companies entering new markets to understand these differences.

It is essential to recognize that global consumers are not homogeneous, and adapting marketing strategies to cater to these variations is crucial for successful global STP.

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Answer:

C. Listening skills

Explanation:

By listening to a customer, you can determine what they want.

Improving listening skills can help you better understand and help customers.

I hope this helps.

Answer: C edge 2021

Explanation:

ur a real one :)

Answer:

Hope it helps

Explanation:

Step 1: Note your net income

The first step in creating a budget is to identify the amount of money you have coming in. Keep in mind, however, that it’s easy to overestimate what you can afford if you think of your total salary as what you have to spend. Remember to subtract your deductions for Social Security, taxes, 401(k) and flexible spending account allocations when creating a budget worksheet. Your final take-home pay is called net income, and that is the number you should use when creating a budget.

If you work freelance or part-time, we’ve put together some tips for managing irregular income.

Tip: If you have a hobby or a talent, you may be able to find a way to supplement your income. Having an extra source of income can also be helpful if you ever lose your job.

Step 2: Track your spending

It’s helpful to keep track of and categorize your spending so you know where you can make adjustments. Doing so will help you identify what you are spending the most money on and where it might be easiest to cut back.

Begin by listing all your fixed expenses. These are regular monthly bills such as rent or mortgage, utilities or car payments. It’s unlikely you’ll be able to cut back on these, but knowing how much of your monthly income they take up can be helpful.

Next list all your variable expenses—those that may change from month to month such as groceries, gas and entertainment. This is an area where you might find opportunities to cut back. Credit card and bank statements are a good place to start since they often itemize or categorize your monthly expenditures.

Tip: Record your daily spending with anything that’s handy—a pen and paper, an app or your smartphone. You can use this spending and budgeting tool if you have an account with Bank of America.

Step 3: Set your goals

Before you start sifting through the information you’ve tracked, make a list of all the financial goals you want to accomplish in the short-and long-term. Short-term goals should take no longer than a year to achieve. Long-term goals, such as saving for retirement or your child’s education, may take years to reach. Remember, your goals don’t have to be set in stone, but identifying your priorities before you start planning a budget will help. For example, it may be easier to cut spending if you know your short-term goal is to reduce credit card debt.

Step 4: Make a plan

Use the variable and fixed expenses you compiled to help you get a sense of what you’ll spend in the coming months. With your fixed expenses, you can predict fairly accurately how much you’ll have to budget for. Use your past spending habits as a guide when trying to predict your variable expenses.

You might choose to break down your expenses even further, between things you need to have and things you want to have. For instance, if you drive to work every day, gasoline probably counts as a need. A monthly music subscription, however, may count as a want. This difference becomes important when it’s time to make adjustments.

Step 5: Adjust your habits if necessary

Once you’ve done all this, you have what you need to complete your budget. Having documented your income and spending, you can start to see where you have money left over or where you can cut back so that you have money to put toward your goals.

Want-to-have expenses are the first area to look for spending cuts. Can you skip movie night in favor of a movie at home? Try adjusting the numbers you’ve tracked to see how much money that frees up. If you’ve already adjusted your spending on wants, evaluate your spending on needs. You may need internet at home, but do you need the fastest available?

Lastly, if the numbers still aren’t adding up, you can look at adjusting your fixed expenses. Doing so will be much more difficult and require greater discipline, but on close inspection a “need” may just be a “hard to part with.” Such decisions come with big trade-offs, so make sure you carefully weigh your options.

Tip: Small savings can add up to a lot of money, so don’t overlook the little stuff. You might be surprised at how much extra money you accumulate by making one minor adjustment at a time.

Step 6: Keep checking in

It’s important that you review your budget on a regular basis to be sure you are staying on track. You can also compare your monthly expenses to those of people similar to you. Few elements of your budget are set in stone: You may get a raise, your expenses may increase or you may have reached your goal and want to plan for a new one. Whatever the reason, keep checking in with your budget following the steps above.

Answer:C) Aggregate demand is growing too fast to keep the economy at full employment.

Explanation:

Expansionary monetary policy is typically pursued by the central bank (such as the Fed) when the goal is to stimulate economic growth and increase aggregate demand. This is done by implementing measures to lower interest rates, increase the money supply, and encourage borrowing and spending. In the given options, when aggregate demand is growing too fast and there is a risk of the economy exceeding full employment, the Fed may pursue an expansionary monetary policy to moderate the growth and maintain stability.

The effect of this trade agreement on the GDP of the United States is the GDP of the country will increase due to net exports being positive.

When any individual, organization, or country sends their goods to another country with the objective of sale is called a return. The organization receiving goods will provide money in exchange.

The GDP of a nation over a specific time period calculates the total value of all finished goods and services that are purchased by the end user. It records all production that takes place within a nation's boundaries.

This exchange will help to increase the flow of funds in the country and helps to increase the GDP of a country. When the country has more exports than imports it reflects more incoming cash which helps increase the economy as well.

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Answer:

obtain help from consumer credit counseling, reduction of payments

The Commission enforces consumer protection and antitrust laws. prohibits,among others,“unfair methods of competition”.Unfair methods are prohibited by the Federal Trade Commission Act (FTC Act) (15 USC 45).

''Unfair or deceptive acts or practices in commerce or that affect it.The ban applies to all persons engaged in commerce,including banks.This Act prohibits unfair methods of competition in interstate commerce,but does not carry criminal penalties.It also created the Federal Trade Commission to police violations of the Act.UNFAIR BUSINESS PRACTICE means a trade practice or business practice that,for the purpose of promoting the sale, use,or furnishing of any good or for the provision of any service,adopts any unfair method or unfair or deceptive practice. Unfair business practices can be classified as Misrepresentation.

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Answer:

What is a credit limit?

A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.

what is the purpose of a credit limit?

Credit limits determine how much you can spend using your credit cards and serve as a way for lenders to limit the risk of lending money. Having high credit limits can be a good thing, because it gives you the flexibility to spend money when you need to and it may help you maintain good credit scores.

Explanation:

Answer:

Three core financial implications of the business model are:

1) Profitability of the business model:  Profit is the difference between the output value (Sales or Service Revenue) and the input value (Cost of goods sold and expenses).

2) Required Assets for the business model:  Each business model dictates the investments in assets that will be required to generate returns.  Some businesses require large assets investments while others are less capital-intensive and as a result require less capital, but perhaps more labor.  An example is an IT industry that provides software services.  The capital outlay is not usually large unlike in the case of a computer hardware manufacturing entity.

3) The growth speed is another important factor that determines the outcome of each business model.  Some business models are based in high-growth industries.  The risk for such industries and business models is that the rate of extinction is also very high.  There will always be a higher constant need for renewal in high-growth industry than in a low-growth and more sustainable industry.  Growth factor is an important ingredient in determining the business model to adopt.

Explanation:

Business models are different, from one industry to another, and from one firm to another.  As the company's core strategy for achieving profitability, business models are based on two core levers of pricing and costs.   These dictate if a business model will succeed or not.

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.

Answer:

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Explanation:

In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.

real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.

Explanation:

essentially ensure the smooth the running of an office day to day basis and may manage a team of administrative or support staff

The reasons that the automobile industry is an oligopoly in market economics are because of B. It has significant barriers to entry and F. It is dominated by a few key players.

Thus, an oligopoly limits entries to a few key players who dominate the market.

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Answer:

B: It has significant barriers to entry.

E: It depends on brand loyalty and image to generate sales.

F: It is dominated by a few key players.

In the short run, a movement from point E to point B represents an increase in growth. This increase in growth is achieved by utilizing existing capacity more effectively. On the other hand, in the long run, a movement from point B to point D represents an increase in growth. This increase in growth is achieved by expanding the overall capacity of the economy. Such growth leads to a rightward shift in the Sippy curve.

1. In the given scenario, a movement from point E to point B signifies an increase in short-run growth. Short-run growth refers to the utilization of existing resources and capacity to increase output. Moving from point E to point B implies an increase in the use of existing capacity, resulting in higher output in the short run.

2. The movement from point E to point B leads to increased output because of increased use of existing capacity. This means that the economy is using its available resources more efficiently and effectively, thereby producing a higher level of goods and services without expanding its overall capacity.

3. Once the economy is producing at point B, a movement to point D represents an increase in long-run growth. Long-run growth involves expanding the overall capacity and potential output of the economy. Moving from point B to point D signifies an increase in the economy's capacity, which enables it to produce even more goods and services in the long run.

4. The movement from point B to point D results in increased output because of increased capacity. By expanding its capacity, the economy can accommodate higher levels of production, leading to an increase in output. This type of growth is associated with a rightward shift in the Sippy curve, indicating an upward movement in the economy's production possibilities.

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