Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.
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The model of laissez-faire was inspired by the work of John Stuart Mill, who was an economic philosopher.
What is a laissez-faire model?Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.
John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.
Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.
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According to Peter G. Keen, a former MIT professor, which is a benefit of a decision support system (DSS)
According to Peter G. Keen, a benefit of a decision support system is that it helps in making better decisions.
A decision support system simply means a computerized program that is used for supporting judgments in an organization. It's used for decision-making.
According to Peter G. Keen, a decision support system is also vital as it helps in increasing communication and saves costs. It also aids new insights and learning.
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marketing strategies for the business-to-business market
It is a fact that marketing strategies for a firm in a business to business market a. differ from consumer marketing strategies because the nature of the buyers is different
Business to business market:
Involves businesses that primarily sell their goods to other businessesIs usually dominated by intermediate goodsIn a business to business market, the buyers are other businesses which means that they are different from consumer markets where buyers are consumers. For this reason, marketing strategies must be tailored to other businesses instead of consumers.
In conclusion, marketing strategies here are different from consumer markets.
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Market Penetration Strategy.
Market Development Strategy.
Product Development Strategy.
Diversification Strategy.
In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $1,500 (airfare), $200 per day (meals at local restaurants), and $400 per night (lodging). Because Kortney stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Kortney's deductions for the following expenses.
Based on the information given Kortney's deductions are:
a. Airfare $1,050
b. Meals $700
c. Lodging $2,000
Kortney's deductions
a. Airfare deduction
Total number of Business day=5days+2days
Total number of Business day=7 days
Airflare= $1,500×7days/10days
Airfare=$1,050
b. Meals deduction
Meals=($200×7 days)×50%
Meals=$700
c. Lodging deduction
Lodging=$400×5 days
Lodging=$2,000
Inconclusion Kortney's deductions are: Airfare $1,050 ; Meals $700 ; Lodging $2,000.
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PLEASE!!!!!!!!!!!!!!!!! I"'LL GIVE BRAINLIEST!!!!!
What is the best way to avoid gossip in the workplace?
Keep communication professional
Avoid joining cliques
Avoid joining teams
Only use positive verbal communication
Answer:number one
Explanation:
The sales interns of Nortrom Inc., an electronics company, call the company's potential clients and inform them about the company's various products and offers. In this scenario, the sales interns of Nortrom Inc. are engaged in _____.
Answer:
whys it taking so long to load bro
Explanation:
Men and women may be paid different wages under the Equal Pay Act when payment is made pursuant to a _____.
According to Equal Pay Act , when making a pursuant to seniority system;
Men and women may be paid different wages.Equal Pay Act can be regarded as an act of 1938 that prohibits sex-based wage discrimination between men and women that are working in the same organization.But in a case, where seniority system applies, the payment could be different, the women could be paid different wages.Therefore, seniority system serve as an exception under the Equal Pay Act.
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For the first part of this activity, you will be given a hypothetical monthly income, a list of your basic monthly bills, and a brief description of your living situation and daily life.Based on that information, you will create a monthly budget and financial plan that allows you to pay all of the necessary bills while also having enough money left over to live for the month.
You currently work as an elementary school teacher.
Your annual salary is $45,000
You bring home a weekly paycheck and your total monthly income, after taxes, is $2,850.00
You live alone in an apartment with the following bills:
Monthly rent: $1,000
Electric Bill: $82
Gas and Water: $44
Internet: $75
Other monthly bills include:
Cell Phone: $85
Student Loan: $200
Car Insurance: $130
Gym Membership: $20
Other details and expenses:
You live a pretty simple life. You are single and enjoy going out to dinner with friends once or twice a month.
You enjoy eating healthily and generally spend a good portion of your income on purchasing organic food. You like to grocery shop weekly and, on average, spend $100 per week.
You have a dog and he is due for a monthly check-up this month. You estimate this will cost around $150, but you have not scheduled the appointment yet.
You are relatively healthy and rarely visit the doctor, but you do have asthma that requires monthly inhalers. These are not covered by insurance and cost you $110 per month.
You love treating yourself to a movie. A movie ticket costs $10.
There is a concert that your friends have asked you to attend this month. Tickets are $250.
You opened a savings account several months ago and set a goal to deposit $200 into it each month.
Your Mom’s birthday is this month and you want to send her flowers. It will cost $75 to send her a beautiful bouquet.
The service light recently came on in your car. You have been avoiding taking it to the shop because you anticipate that it will cost anywhere from $150-$300. But if your car breaks down, you will not be able to get to work.
3750 take home monthly pay
if you have a salary that is the value for the whole year. Divide by 12 for each month to get the monthly take home gross pay.
45000/12 = 3750
New household appliances, automobiles, and __________ were goods popular among consumers of the 1920s. A. airplanes B. sailboats C. televisions D. radios
Answer:
I believe the answer is C and if the answer is wrong then my second best choice is D but im sure its C let me know!
Explanation:
Answer:
radios because people would need it 2 listen 2 music and other things
Explanation:
Which organizational pattern puts emphasis on the benefits of the speaker's policy in comparison to the alternatives but is based on a problem-solution structure
Organizations often have various patterns in which they run their day to day activities. The organizational pattern puts emphasis on the benefits of the speaker's policy is Comparative advantage.
Comparative Advantages is simply known to be the final process for putting together a persuasive speech is calledThe goal of this organization pattern is aimed to compare items while placing them side-by-side and show why a product is more better than the other.
It is often used by people, speaker, organization when comparing two things
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A developer buys a large tract of land and plans to develop several single family homes. To proceed, ______________ is needed.
What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries? shifting consumer tastes overseas labor costs changing technologies aging populations.
Answer:c
Explanation:
A major factor in the decline of some occupations, such as those in the textiles and clothing industries is changing technologies. Thus option (C) is correct.
What is technology?Technology refers to the tools, systems, and processes that are designed and used to solve problems, improve efficiency, and facilitate communication and collaboration. It encompasses a wide range of fields and applications, from simple hand tools to advanced computer systems and software.
Technology has enabled advances in fields such as medicine, transportation, and energy, and has revolutionized industries such as entertainment, manufacturing, and finance.
The changing technologies is a major factor in the decline of some occupations, such as those in the textiles and clothing industries. Therefore, option (C) is correct.
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When a company recognizes a cash revenue event that is subject to state sales tax, the balance in the Cash account increases by ______ the amount of revenue.
Answer: more than
Explanation:
Since their is a tax rate , it will get added on to the cash which would make it MORE THAN the actual amount
What is it called when one power controlled the trade exports?
Explanation:
This is called colonization. It is not in order when one power controls the trade exports of another, Every individual and every given state has got power to transact its businesses at any time without being forced or discriminated by any of the systems in power.
what is bankaccount
Answer:
Kung san mo Tatago pera mo
Explanation:
commonsense
Jake receives a promotion at his law firm after winning an important case. This is an example of a: Group of answer choices Positive informal sanction Negative informal sanction Positive formal sanction Negative formal sanction
Jake receives a promotion at his law firm after winning an important case. This is an example of a positive formal sanction.
Positive sanctions include celebration, praise, social recognition, congratulations, approval, social promotion, bonuses, awards, titles, prizes, etc.
In this case, since Jake receives a promotion at his law firm after winning an important case, it's an example of a positive formal sanction.
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Answer:
Positive Formal Sanction
Explanation:
True or False: Your company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps. Product margins are thin. For these reasons, you should use an Indirect sales channel.
True; the company should use an Indirect sales channel.
By definition;
An indirect sales channel is the sale of a good or service by a third-party, which may be a partner or affiliate, rather than a company's personnel.
According to the question;
The company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps.As a result, Product margins are thin.
For these reasons; an indirect sales channel is used as it involves subcontracting the sales to a third party, thereby relieving the company of sales responsible.
Ultimately, True; the company should use an Indirect sales channel.
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Identify the statements that describe life before the nationalization of the American market during the market revolution. Correct Answer(s) Drag appropriate answer(s) here Americans lived only to the east of the Appalachian Mountains; the mountains provided a natural border between Anglo-Americans and native peoples. Press Space to open Cash was not widely distributed throughout the country and was utilized mainly in coastal cities. Many Americans bartered for what they needed. Press Space to open Most Americans lived isolated lives not much different from the lives of their colonial forebears. Press Space to open Many Americans were tasked with sustaining their own lives since consumer goods and services were not readily available to them. Press Space to open Most Americans lived nomadic lives, traveling from town-to-town in search of work
Considering the options available, the statements that describe life before the nationalization of the American market during the market revolution include "Many Americans bartered for what they needed."
Other statements that describe life before the nationalization of the American market during the market revolution are the following:
Many Americans were tasked with sustaining their own lives since consumer goods and services were not readily available. Cash was not widely distributed throughout the country and was utilized mainly in coastal cities. Most Americans lived isolated lives not much different from the lives of their colonial forebears.Hence, in this case, it is concluded that the correct answer is Options B, C, D, and E.
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primary costs to the company, such as payments to artists and staff who maintain the threadless website, come out of which budget?
The operating budget make provision for primary costs such as payments to artists and staff who maintain the website,
The operating budget refers a detailed projection of expenses, expected future costs, and fore-casted income over a period of time
This budget helps to make plans for the income and expense departments expected in the business,
In conclusion, the operating budget is the budget that make the provision described in the question.
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A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. false true
Based on the definition of a sale-on-approval contract, it is indeed TRUE that a buyer can return the goods later.
As sale-on-approval contract:
Means that the buyer receives goods but have to test it first to know if they can accept it Means that the buyer can return the goods to the seller if they do not accept the godsAfter the buyer tests the goods bought via a sale-on-approval contract, they then have the choice to keep it and pay for it or send it back to the seller.
In conclusion, a sale-on-approval contract allows a buyer to return the good at a later date.
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In January 2020, Ford Co. purchased a patent from a research institution for $400,000. The patent was estimated to have a useful life of 12 years. In December 2021, Ford Co. defended the patent in legal proceedings and successfully retained rights of ownership of the patent. The estimated life of the patent did not change from its original estimate. Legal expenses were $32,000. Determine the carrying value of the patent on December 31, 2021. Note: Carry all decimals in calculations; round the final answer to the nearest dollar
The carrying value of Ford Co.'s patent on December 31, 2021, is equal to $362,424.
Data and Calculations:
Cost of patent purchased in January 2020 = $400,000
Estimated useful life = 12 years
Annual amortization expense = $33,333.33 ($400,000/12)
Accumulated Amortization on December 31, 2020 = $33,333.33
Carrying value on December 31, 2020 = $366,666.67 ($400,000 - $33,333.33)
Capitalized legal expenses to defense title = $32,000
New value of patent = $398,666.67 ($366,666.67 + $32,000)
Remaining useful life of patent = 11 years
New annual amortization expense = $36,242.42 ($398,666.67/11)
Carrying value of patent on December 31, 2021 = $362,424.25 ($366,666.67 - $36,242.42)
Therefore, the accumulated Amortization on Dec. 31, 2021 is $69,575.75 ($33,333.33 + $36,242.42).
Thus, the carrying value of Ford Co.'s patent on December 31, 2021 is equal to $362,424.25 ($400,000 + $32,000 - $69,575.75).
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net cash flows provided by operating activities will be ______ when using the direct method compared to the indirect method.
According to cash flow operation analysis, the net cash flows provided by operating activities will be the same when using the direct method compared to the indirect method.
Net Cash flows are used in business management to describe the profit or loss of capital in a given period.
Typically, a positive Net Cash Flows occurs when the is a surplus of cash after paying the expenses.
Hence, in this case, it is concluded that the correct answer is "the same."
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Cash flows from operating activities often shows the net amount of cash that was received or disbursed during a given period of time. Net cash flows provided by operating activities will be the same as when using the direct method compared to the indirect method.
The direct method is often use in calculating the flow that involves deducting from cash sales.Cash flow statements is simply defined as the statement that shows the cash receipts, cash payments and net changes in cash that takes place as a result of operating, investing, and financing activities in an accounting period.
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As described by capgemini, what aspect of smart products used an industry 4.0 environment would focus on using sensor technology to give access to condition information regarding products and their environment?
A product can be described using different aspects of it. The Aware aspect of smart products is often used an industry 4.0 environment to focus on using sensor technology.
Smart Products in Capgemini are known to be cyber-physicalsystems that gives new features and functions using connectivity.
Smart Services often makes up new paths for entirely new business
models and markets via innovative service offerings and delivery models.
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Explain traditional, local and surplus production
A mountain bike is priced at $413. If the sales tax is 6. 5 percent, what is the cost to purchase the mountain bike? Round to the nearest cent if necessary. $26. 85 $28. 91 $437. 78 $439. 85.
Answer:
A
Explanation:
A. the answer to this question
Monica has created her own cleaning solution. Monica's friends encourage her to sell the cleaning solution; they think it is so fantastic they believe Monica will make a lot of money on it. They encourage Monica to apply for a patent on the cleaning solution formula so that no one can copy it, and so Monica will be the only one who can sell it. Monica likes the idea of making a lot of money but knows she will have to reveal her formula to obtain a patent, otherwise she would have to keep it a trade secret. If Monica decides to apply for and receives a patent on the cleaning solution: __________
If Monica decides to apply for and receive a patent on the cleaning solution, she must disclose the formula, but she has the exclusive right to make and sell it for twenty years.
This solution is based on US patent law, which seeks to encourage inventors to develop new technologies under the exclusive right of use for a limited time.
Patent law specifies a period of 20 years for the use of exclusive patent rights, which period may be extended if requested.
Therefore, if Monica decides to apply for and receive a patent on the cleaning solution, she will be able to make, use, sell and import her invention with the right to exclude others.
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A cell phone manufacturer uses a famous pop singer to advertise its product to teenagers. The company is relying on _____ route persuasion.
If the number of unemployed workers is 200 million, and the number in the labor force is 500 million, what is the unemployment rate
Answer:
The unemployment rate is 700 million
Explanation:
I know this because you need to add the amount of unemployed with the labor forced and the labor forced id not employed because they are forced to work so they are not working there because they want to so they did not choose to employ there
the new slide command on the ribbon lets you choose ________.
The New Slide command on the Ribbon lets you choose slide layouts.
Microsoft PowerPoint is a presentation program. Microsoft PowerPoint is used to create visual presentations of information using slides.
The menu Ribbon is used to accomplish several tasks in PowerPoint. It can be used to create a new slide, insert a picture or change the orientation of slides.
The New Slide command on the Ribbon lets you choose slide layouts.
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Good Grains Bread Corp. plans to increase profits by providing custom bread baking mixes to the various countries where it sells. The company wants to match the tastes and preferences of the consumer in each of these markets. What type of strategy is Good Grains Bread Corp. using
The strategy Good Grains Bread Corp is using is localization.
Marketing localization is a marketing term that refers to the strategy in which a company focuses on a specific area and markets its product in that area (different from its origin)
One of the main characteristics of marketing localization is that companies offer products according to the tastes and preferences of buyers in those places (product customization). Likewise, companies adapt the image of their product to the language and culture of the destination.
According to the foregoing, it can be inferred that Good Grains Bread Corp is implementing localization to offer personalized products according to the preferences of its buyers in the different places where it sells its products.
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The marginal product of labor is the
a. value marginal product of labor multiplied by the price of the good produced.
b. total output of labor divided by the quantity of labor used.
c. additional output resulting from employing one additional unit of labor.
d. same as the marginal revenue product of labor in price-taker markets.
i dont know sorry
Explanation: