total fixed costs change as the level of activity changes. true false
Answers
The statement: total fixed costs do not change as the level of activity changes is false .
Fixed costs are expenses that remain constant regardless of the production or sales volume. Examples of fixed costs include rent, insurance, and salaries of permanent employees. These costs are considered "fixed" because they do not fluctuate based on the quantity of goods or services produced.
In contrast, variable costs are expenses that change in proportion to the level of production or sales activity. Examples of variable costs include raw materials, labor directly involved in production, and commissions. As the level of activity increases, variable costs will increase as well, and vice versa.
It is important for businesses to understand the distinction between fixed and variable costs, as this knowledge can help them make informed decisions about pricing, production levels, and overall financial management. Knowing the fixed costs also allows businesses to calculate their break-even point, which is the level of sales or production needed to cover all costs, both fixed and variable.
In summary, total fixed costs do not change with the level of activity, while variable costs do. This fundamental concept is essential for businesses to manage their finances effectively and make informed decisions about their operations.
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Related Questions
Jones Company's inventory cost is $100. The expected sales price is $110, estimated selling costs are $12. Consistent with the lower of cost and net realizable value approach, this inventory item should be valued at:__________
a) $110.
b) $88.
c) $98.
d) $100
Answers
Answer:
I think A but ion kno thats prolly wrong-
Explanation:
17. Identify TWO aspect that may be an indication that you do not have time
management skills.
Answers
Bad time management causes low productivity since tasks aren't planned out or given priority. It may cause individuals to miss out on time from routine duties and finally result in burnout. Setting attainable goals is one of several strategies for enhancing time management abilities.
What contributes to students' bad time management?Some of the most common effects of poor time management among college students include lack of sleep, decreased academic performance, continuous procrastination, poor nutrition, and a higher risk of dropping out. Students frequently miss class, rush through tasks, and submit subpar work as a result.
How much does poor time management cost?You can end up working longer and longer hours to do your task as a result of poor time management, which will leave you exhausted, stressed, burnt out, and unwell with less time for your personal life.
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information stored in long-term memory: group of answer choices requires rehearsal to prevent decay decays after several days is limited to about seven items at any given moment is relatively permanent
Answers
Information stored in long-term memory is relatively permanent and does not decay over time, nor does it require regular rehearsal to prevent forgetting.
What are the characteristics of information stored in long-term memory?Long-term memory is a vast storage system in our brains that holds information for an extended period. Unlike short-term memory, which has limited capacity and is susceptible to decay, long-term memory is relatively permanent. It retains information over long durations, and the stored memories do not fade away or disappear after several days. Unlike short-term memory, which requires rehearsal to prevent forgetting, long-term memory does not necessitate constant repetition or practice to maintain its contents. Once information is successfully encoded into long-term memory, it can be retrieved and accessed as needed.
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Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s, specializes in clothing from the 1940s. you have four great employees, rebecca, rachel, roberto, and rafael. at first, business was good, but, recently, you have noticed that sales are slipping. puzzled, you turn to your management textbook for some ideas on how to turn things around.
Answers
Answer:
You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you ask two of your sales clerks if they would be willing to work part-time during those months. Management Science.
Management science refers solving problems and making decisions in a company in order to move it forward. By preferring solutions to the problem of slow sales over some months, you have engaged in management science.
You make sure that when you hire new people, you get input from each of the existing team members. if they're happy with the new hire, they're more likely to make that person part of the team, and the team will sell more. Humanistic Management Theory.
With Humanistic Management, the needs, wants and thoughts of employees are taken into account when making decisions because employees are not viewed as simple assets to the company but as humans who are complex. By finding out what your employees think of a new hire you are engaging in the Humanistic theory.
You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item they sell. Classical Management theory.
Classical management is based on certain premises such as the needs of employees being either physical or economic as well as profit maximization. By offering commissions as incentives you are appealing to the economic need of your employees. By engaging in practices aimed at getting people to buy more, you are engaging in profit maximization.
A customer survey shows that the men who come into the store would prefer to be left alone while they shop, but the women who come into the store want to be asked if they need assistance. you tell your employees to leave men alone and ask women if they want help. Contingency Theory.
Contingent Theory shows that for each situation in a company, it is best to manage it based on the internal and external factors affecting it. In this case men don't need help but women prefer it. Offer help to women but not to men. You are therefore basing actions on the factors affecting this situation.
Oscar received his credit report and sees that his VantageScore is 400. Which factor could be the cause?
a
He filed for bankruptcy 15 years ago.
b
He has five credits cards with high balances.
c
He has a low debt-to-credit ratio.
d
He has applied for his first loan in his life.
Answers
Answer:
b. He has five credits cards with high balances.
Explanation:
A VantageScore is a credit score model that shows the probability that someone will pay the loans. A 400 VantageScore is very poor and people can get this score for different situations like bankruptcies as they will appear in your report for up to 10 years, having high utilization rates on your credit card and missing payments. According to this, the answer is that the factor that could be the cause is: he has five credits cards with high balances because he would have a high utilization rate which hurts the credit score.
The other options are not right because a bankruptcy appears in the report for up to 10 years, a low debt to credit ratio shows that you use your credit in a responsible form and it won't hurt your credit acore. Also, if someone doesn't have a credit history, there is no score because there is no data to define that.
I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.
Answers
Answer:
58
ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
it's fake
This is fake!!! It's not even the real MrBeast!!
telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of
Answers
Telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of Selling.
Selling is a two-way conversation between a buyer and a seller intended to sway the buyer's choice to buy. This can include infomercials, catalogues, telemarketing calls, postal solicitations, and emails.
A phone call that serves as an ad is referred to as a telephone solicitation. However, under FCC regulations, some phone solicitations are allowed, such as those made with your express consent, by or on behalf of a tax-exempt non-profit organisation, or from a person or organisation.
Telesales may be a highly lucrative method to start a sales career with a little bit of skill and technique. We've included some of the greatest advice and strategies for making your sales calls effective, pleasant, and—most importantly—profitable in this post.
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Choose a firm mentioned in the chapter and discuss current controversial issues it faces. How should strategic leaders address the major issues you identified? In what situations is top-down planning likely to be superior to bottom-up emergent strategy development?
Answers
One firm mentioned in the chapter is Tesla, Inc., an electric vehicle and clean energy company. Tesla faces several current controversial issues, including: Production and Delivery Challenges, Autopilot Safety and Regulation, Labor Practices.
1. Production and Delivery Challenges: Tesla has faced challenges in meeting production targets and delivering vehicles to customers on time. This has led to customer dissatisfaction and concerns about the company's ability to scale up production.
2. Autopilot Safety and Regulation: Tesla's Autopilot feature, which offers advanced driver-assistance capabilities, has raised concerns about safety and regulatory compliance. Accidents involving Tesla vehicles operating on Autopilot have sparked debates about the technology's reliability and the need for stricter regulations.
3. Labor Practices: Tesla has faced criticism for its labor practices, including allegations of poor working conditions, low wages, and anti-union tactics. These issues have raised concerns about worker rights and corporate social responsibility.
Strategic leaders at Tesla should address these major issues by:
1. Improving Production Efficiency: Tesla should focus on streamlining its production processes, investing in manufacturing capabilities, and addressing supply chain bottlenecks to meet customer demand and improve delivery timelines.
2. Enhancing Safety Measures and Transparency: Tesla should prioritize the safety of its vehicles and work towards improving the reliability and transparency of its Autopilot technology. Proactive communication and cooperation with regulatory authorities can help address concerns and ensure compliance.
3. Employee Engagement and Fair Labor Practices: Strategic leaders should promote a positive work environment, prioritize employee well-being, and address labor concerns. Collaborating with labor unions or establishing mechanisms for workers' representation can help address labor-related issues and improve employee satisfaction.
Top-down planning may be superior to bottom-up emergent strategy development in certain situations, such as:
1. Crisis Management: In times of crisis or urgent situations, top-down planning allows for quick decision-making and coordinated actions to address immediate challenges.
2. Clear Strategic Direction: When the organization requires a clear and focused strategic direction, top-down planning helps align efforts towards specific goals and objectives.
3. Resource Allocation: In situations where resource allocation is critical, top-down planning ensures efficient allocation and utilization of resources based on strategic priorities.
However, bottom-up emergent strategy development can be beneficial in situations where:
1. Innovation and Adaptability are Key: Bottom-up approaches allow for creativity, experimentation, and adaptability to changing market conditions, enabling the organization to respond quickly to emerging opportunities.
2. Employee Empowerment and Engagement: Involving employees in strategy development fosters a sense of ownership, engagement, and motivation, leading to higher levels of commitment and innovation.
3. Localized Decision-making: In decentralized organizations or diverse markets, bottom-up approaches enable local teams to make decisions based on their unique knowledge and insights, ensuring better alignment with local needs.
Strategic leaders should carefully assess the specific context and needs of the organization to determine the appropriate balance between top-down planning and bottom-up strategy development.
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What is the difference between productive and service oriented professions Explain with examples
Answers
Answer:
Explanation:
Product vs Service Business
While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.
Local or Global Consumer Markets
In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.
pl. make it as brainliest if it's helpful to you...!!
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answers
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answers
Answer:
franchising marketing
What does the Federal Reserve help regulate?
A. The economy
Ο Ο Ο
B. Food
C. Clothing
O D. Music
Answers
hope this helped
What are the ways an employer can protect workers from falls?
a) Guardrails, safety net systems and safety belts
Ob) Guardrails and safety nets
c) Guardrails, safety net systems and personal fall arrest
systems
Answers
Answer:
A.
Explanation:
What are the ways an employer can protect workers from falls?
a) Guardrails, safety net systems and safety belts
Hope it helped you buddy brainiest plz and thank you!!!!!!!
Suppose the ABC bank has excess reserves of $2,000 and checkable deposits of $40,000. If the reserve requirement is 20 percent, what is the size of the bank's actual reserves?
Multiple Choice
a. $10,000
b. $6,000
c. $42,000
d. $8,000
Answers
$10,000 is the size of the bank's actual reserves. The correct option is a.
What is the actual reserve ratio?The reserve ratio is the percentage of reservable liabilities that commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.
Given
Excess Reserve =$2,000
Checkable Deposits =$40,000
Reserve Requirement =20%
Required to calculate the bank's actual reserves =?
the bank's actual reserves = 40,000 x 20% + 2,000 = $10,000
Excess reserves serve as a sort of safety net. Excess reserves provide additional protection for financial institutions in the event of a sudden loan loss or significant cash withdrawals by customers. This buffer improves the banking system's safety, especially during times of economic uncertainty.
Thus, the ideal selection is option a.
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Based on your communications, you have established a list of decision criteria: marginal costs, adoption of synthetic components, estimated shipping costs, top note integrity, and base note integrity. How would you order the importance of the items on the list?
The number in parentheses indicates the relative weights for each factor.
A higher number indicates that an item is more important; a lower number indicates a factor is less important.
Answers
Answer: higher number indicates that an item is more important; a lower number indicates a factor is less important.
Explanation:
In order to order the importance of the items on the list, a higher number indicates that an item is more important while a lower number indicates a factor is less important.
In this case, one has to list the decisions criteria based on their importance. This is regarded as scale of preference in Economics.
The expected return for Stock Z is 30 percent. If we know the following information about Stock Z:
Return Probability
Poor 0.2 0.25
Lukewarm ? 0.5
Dynamite! 0.4 0.25
What return will stock Z produce in the Lukewarm state of the world?
Answers
The return for Stock Z in the Lukewarm state of the world is 30 percent.
To find the expected return?To find the expected return for the Lukewarm state of the wrld, we need to use the probabilities provided and the overall expected return for Stock Z (which is 30 percent).
Let's call the return for the Lukewarm state "X". We know that the probability of Stock Z having a Poor return is 0.2, and the probability of having a Dynamite return is 0.4. So the probability of having a Lukewarm return must be 0.5 (since the sum of all probabilities must equal 1).
Using this information, we can set up the following equation:
0.2(0.25) + 0.5(X) + 0.4(0.25)
= 0.3
Simplifying, we get:
0.05 + 0.5X + 0.1
= 0.3
0.5X = 0.15
X = 0.3
Therefore, the return for Stock Z in the Lukewarm state of the world is 30 percent.
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which of the following is false about budget deficits? they can affect long run rgdp. they represent the difference between tax revenue and government expenditures. they are financed with tax revenue or new debt. they typically happen when using contractionary fiscal policy.
Answers
They represent the difference between tax revenue and government expenditures is false about budget deficits.
What is meant by deficit budget?When expenditure exceeds revenue, the situation is referred to as a fiscal deficit. Despite being primarily utilized by governments, this has a wide range of applications for both people and companies.When costs go beyond receipts, a budget deficit results. Budget shortfalls may result from certain unforeseen circumstances and initiatives. Tax increases and spending reductions are two ways that nations might deal with budget problems.Reducing government spending and expenditure is one method for reducing budget deficits. Increasing tax payments to the government is one fiscal policy that may be used to increase government income.
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A firm’s business strategy must respond and adapt to all of the variables in the following list to remain competitive. From this list, which variable does IS have the biggest impact on?
Answers
The variable that Information Systems (IS) has the biggest impact on in a firm's business strategy is "operational efficiency." IS enables companies to streamline their processes, manage resources more effectively, and automate repetitive tasks, ultimately leading to reduced costs, increased productivity, and a higher level of competitiveness.
Step-by-step explanation:
1. Information Systems (IS) facilitate data collection, storage, and analysis, which helps businesses make informed decisions about their strategy.
2. IS helps in automating manual processes, which reduces labor costs and increases the speed of operations.
3. By providing real-time data, IS enables businesses to monitor their performance and respond to changes in the market quickly.
4. IS enables effective communication and collaboration within the organization, fostering innovation and better problem-solving.
5. Overall, IS improves operational efficiency, enabling a firm to remain competitive in the ever-changing business environment.
In conclusion, Information Systems (IS) has the most significant impact on the "operational efficiency" variable, helping businesses adapt and respond to the demands of the market and remain competitive.
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What are tic tac like what is good for you
Answers
Answer: Ingredients. Sugar, fructose, maltodextrin, peppermint essential oil, rice starch, gum arabic, filling agent (magnesium salts of fatty acids), glazing agent (carnauba wax).
Explanation:
They are NOT good for u. :(
If the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
Answers
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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A company sold the personal data of their customers to insurance cor generating revenue. After it was reported, the manager insisted that
• He has not done anything wrong • Everybody in the business is doing it • Has a duty to run a profitable operation • Revenue for the company . Express your views on the manager's comments based on: a) Relativism: b) Deontology: c) Consequentialism: d) Utilitarianism: e) The Kantian Theory:
Answers
The company selling personal data of its customers to an insurance company to generate revenue is an unethical business practice. The manager insisted that he has not done anything wrong and everybody in the business is doing it and has a duty to run a profitable operation.
The comments of the manager can be viewed based on several ethical theories, which are discussed below:a) Relativism:According to relativism, what is morally right or wrong depends on the cultural norms and values of the society. However, selling personal data of customers is not acceptable in any society or culture. Therefore, the manager's comments are not justified by relativism.b) Deontology:Deontology is based on the principle of moral duty.
The duty of the company is to protect the personal data of customers, which the company has violated. Therefore, the manager's comments are not justifiable by the deontological theory.c) Consequentialism:Consequentialism judges the morality of an action based on its outcome. .d) Utilitarianism:Utilitarianism judges the morality of an action based on its ability to provide the greatest happiness to the greatest number of people. Selling personal data of customers is not morally justifiable since it violates the privacy of the customers.
Therefore, the manager's comments are not justifiable by utilitarianism.e) The Kantian Theory:According to the Kantian theory, people should be treated as ends in themselves and not as means to an end. Selling personal data of customers for generating revenue is not justifiable since it treats the customers as means to an end. Therefore, the manager's comments are not justifiable by the Kantian theory.
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what is the first step ana should take as part of an appropriate customer relationship management strategy?
Answers
The first step in developing an effective customer relationship management (CRM) strategy is to understand your customers' needs and expectations. This involves gathering data on their preferences, behaviors, and interactions with your business.
By analyzing this information, you can identify patterns and trends that can guide your CRM efforts.
Next, you need to establish clear goals and objectives for your CRM program. This includes defining what success looks like and how you will measure it. You may also want to establish key performance indicators (KPIs) to track progress and make adjustments as needed.
Another important step is to select the right CRM tools and technology to support your efforts. This could include a CRM software platform, social media monitoring tools, and other customer engagement solutions.
Finally, you should establish a team to lead your CRM efforts. This could include a CRM manager, customer service representatives, marketing professionals, and IT experts. By working together, they can ensure that your CRM program is aligned with your business goals and meets your customers' needs.
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Why is a brand important to a business?
Answers
at the time of partnership termination, partner a is personally insolvent and has a negative capital balance. partners b and c must absorb a's deficit
Answers
At the time of partnership termination, if Partner A is personally insolvent and has a negative capital balance, Partners B and C may be required to absorb Partner A's deficit.
In a partnership, the partners have joint and several liability, meaning that they are collectively and individually responsible for the partnership's debts and obligations. If one partner has a negative capital balance or is insolvent, the remaining partners may need to contribute additional funds or assets to cover the deficit and settle any outstanding liabilities.
The specific arrangements for absorbing Partner A's deficit would depend on the terms outlined in the partnership agreement or applicable laws. Partners B and C may need to allocate the deficit based on their agreed profit-sharing ratios or make additional capital contributions to cover the shortfall. It is essential to consult legal and accounting professionals to determine the appropriate course of action and ensure compliance with relevant regulations and agreements.
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Watch a television drama or comedy and write down all of the instances of nonverbal communication that you see. After watching the program, list each instance, classify it based on the list of types below, and place a plus sign (+) next to any example that contributed to the message and a minus sign (-) next to any that detracted from the message.
Refer to the list of the eight types of nonverbal communication as needed.
body movements
facial expressions and eye movements
self-presentation
distance
touch
time
voice
Answers
When watching a television drama or comedy, there are many instances of nonverbal communication that can be observed.
These instances can be classified into eight types of nonverbal communication: body movements, facial expressions and eye movements, self-presentation, distance, touch, time, and voice. Body movements were observed in the way the actors moved their arms, legs, and overall posture.
For example, a character crossing their arms or tapping their foot can indicate impatience or defensiveness. Facial expressions and eye movements were seen in the way the actors raised their eyebrows, squinted their eyes, or frowned. These expressions can convey emotions such as surprise, confusion, or disapproval.
Self-presentation was observed in the way the characters dressed, groomed themselves, or made gestures to indicate their social status. Distance was seen in the way the characters stood close or far away from each other, which can indicate intimacy or distance.
Touch was observed in the way the characters hugged or shook hands, which can indicate affection or formality. Time was observed in the way the characters paused or rushed their speech, which can indicate hesitation or urgency. Lastly, voice was seen in the way the characters modulated their tone, pitch, or volume, which can convey emotions such as anger, happiness, or sadness.
In some instances, these nonverbal cues contributed positively to the message being conveyed (+), while in others, they detracted from the message (-). For example, if a character is supposed to be angry but is smiling, this would be a negative nonverbal cue that detracts from the message.
Overall, nonverbal communication is an important aspect of television drama and comedy that can enhance or detract from the message being conveyed.
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HURRYYY!! The extent to which critical thinking skills are used is influenced by the learner's motivation to do well.
TRUE or FALSE
Answers
Answer:
TRUE
Explanation:
Get out of my swamp!
Answer:
i think true
Explanation:
What is a subcontractor?
O A. A person who owns part of the company and makes executive
decisions.
B. A person who works solely with one company on a constant basis.
O C. A person who does work for another company or person as a part
of a larger job.
OD. A person who manages a company and hires all employees.
SUBMIT
Answers
Answer:
c
Explanation:
A subcontractor is a person who does services for another business or individual as a component of a bigger project. Option (C) is hence the appropriate response.
What do you meant by a subcontractor?An individual or, in many situations, a firm who signs a contract to carry out some or all of the requirements of another's contract is known as a subcontractor.
The primary responsibility of a subcontractor is to carry out the work for which they have been appointed by the main contractor. The subcontractor is in charge of carrying out the task according to instructions because it is frequently a specialized operation, like electrical or HVAC.
A subcontractor (or subcontractor) is a business or individual that a general contractor, prime contractor, or main contractor employs to carry out a particular duty as part of a larger project. The subcontractor is often compensated for the services they give to the project. Despite the fact that subcontracting frequently occurs in construction and civil engineering projects, the variety of opportunities for subcontractors is
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A variable can be called or referenced before it has been defined.
O True
O False
Answers
Answer:
True.
Explanation:
Can you really answer the question of whether an opportunity is real before developing a product concept?
Answers
Answer:
Yes
Explanation:
For example, it has been said that what prompted e-commerce on platforms such as Amazon, eBay, etc was a result of the opportunity their founders saw with the invention/adoption of the internet.
In other words, they saw a real opportunity (through the internet growth rate) and thus decided to develop a product concept. Hence, we could thus conclude with a yes to the question.
HELP TAKING TEST!! Suppose you are a treatment specialist and desire additional training and certification. What would the best avenue for you to
obtain this?
O counselor certification
O specialist certification
O therapist certification
O crisis certification