Probability
It is a branch of mathematics that deals with the occurance of a random event. The value is expressed from 0 to 1. It predicts how likely events are to be happened .
Step by step solution:
Die has six sides so probability of each is [tex]\frac{1}{6}[/tex] but,
The probability that the die shows a 6 is twice as high as the probability of each of the other numbers.
so,
the probability of 6 is [tex]\frac{2}{7}[/tex] and others probability is [tex]\frac{1}{7}[/tex]
we throw die 70 times
so probability 6 out of 70 throws is
70×[tex]\frac{2}{7}[/tex]
=20
out of these 70 throws , the probability of die showing number six is 20 times.
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What is an erp system? how does an erp system enforce best practices for an organization?
An ERP (enterprise resource planning) system is a software application that includes a centralized database and is used throughout a company. It enforces best practices through the software's business processes.
Enterprise Resource Planning (ERP) is business management software that enables a company to use a collection of interconnected applications. The ERP systems automate and simplify the operations, resulting in a leaner, more accurate and more efficient organization. ERP gives the unparalleled visibility into the main business activities.
ERP may integrate information and procedures in one location rather than managing each aspect of the firm with a separate system. This streamlines tasks, automates procedures, and allows all parts of the supply chain to work more efficiently.
As a result, an ERP (enterprise resource planning) system is a software program with a centralized database that is utilized throughout a business. It enforces best practices through the business operations of the program.
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Job order cost systems assign costs to: none of these answer choices. both custom jobs and mass produced products. similar products that are mass produced. specific (e.g. custom) jobs.
specific (e.g. custom) jobs
Systems for assigning costs to specific (such as custom) jobs in job orders
Job order cost - The cost of manufacturing each product is calculated using the job order technique of pricing. This costing method is typically used when the producer has to determine the cost of performing a specific task while producing a number of items that differ from one another.
The profitability of a job can be ascertained via job order costing. It aids the business in estimating the cost of the materials, labor, and overhead that will be incurred when carrying out that specific job. Effective job order costing enables businesses to provide quotations that are affordable enough to be appealing to customers while maintaining a profit margin.
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Provisions that a party agrees to perform only if the other side also does what it promised are called Group of answer choices choice of forum provisions. conditional promises. reciprocal promises. riders.
If the provisions are reciprocal promises this means that they are each enforceable independently.
What is Reciprocal Promise ?These promises that the promisee does to form the consideration form an agreement.
When you go to a shop, the shopkeeper agrees to give you the product in exchange for money. This is an example of a reciprocal promise where you promise to pay the value of the product and the shopkeeper promises to give you the goods on receipt of the payment.Under Reciprocal Promise both parties promise each other to do something in the future. So, the first promise forms the consideration for the second promise and second promise forms the consideration for the first promise.Learn more about Reciprocal Promise here:
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How can brokers best meet their responsibility to provide training for associated licensees and employees?
The brokers are able to do this by trying to create the system that would facilitate the training procedures for their employee.
Who is a broker?This is the name that is used to refer to the person that has to act on behalf of another person. The broker is a person that has the capability of acting as a third party when there is a deal between two other parties.
He helps to facilitate the deal for a commission that he is paid when it turns out to be a successful deal.
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The _____________ advertising budgeting method could rightfully be described as a ""follow the leader"" approach and typically happens inside oligopoly markets.
The affordable method approach to advertising budgeting method could rightfully be described as a "follow the leader" approach and typically happens inside oligopoly markets.
When advertising in any way, one or more of the following communication outcomes is generally desirable: all of the above (notifying the customer or prospect, calling the customer or prospect's attention, calling the customer or prospect to convince customers or prospects)
When communicating with customers, advertising marketers usually need to emphasize more aspects of their brand. Worth it for most customers. In communications, (1) "contagious" information means that once received, the information is likely to be passed from the original recipient to other recipients.
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_____ refers to the process of collecting the outcomes needed to determine whether training is effective.
A Training evaluation refers to the process of collecting the outcomes that is needed to determine whether training is effective.
What is a Training evaluation?This refers to a systematic process of collecting information and using that information to improve your training.
Furthermore, the training evaluation is a process that provides the users a feedback to help you identify if your training achieved your intended outcomes and helps you make decisions about future trainings.
Hence, it means the process of collecting the outcomes that is needed to determine whether training is effective.
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The face-to-face presentation and promotion of goods and services is known as personal?
Personal promoting is likewise called face-to-face promoting wherein one individual who's the salesperson attempts to persuade the client in shopping for a product.
It is a promotional approach via way of means of which the salesclerk makes use of his or her capabilities and skills in an try to make a sale. Face-to-face advertising refers to any state of affairs in that you sell your commercial enterprise to any other individual or to a set of humans in individual. You get to appearance the alternative humans in the attention as you supply your pitch or hook up with them on a private level.
For instance, you would possibly meet any person on the grocery store. That individual asks you what you do for a living, and also you provide an explanation for which you create on line publications for aspiring photographers.
At that point, the communique would possibly shift. However, if the alternative individual is inquisitive about photography, she or he would possibly ask questions on your on line course. You may want to offer a commercial enterprise card or a internet site cope with wherein that individual may want to analyze greater approximately your commercial enterprise.
That's an instance of casual face-to-face advertising. You take gain of an possibility to allow a person recognize approximately your commercial enterprise and the virtual merchandise which you sell.
Face-to-face income strategies make stronger relationships with possibilities and customers, decorate logo credibility, and permit reps to talk key price propositions greater effectively. In-individual promoting processes additionally assist reduce through the static and make manufacturers stand out towards the competition.
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The ability to negotiate a mutually advantageous outcome with people from other cultures is a characteristic of a business professional with?
The ability to negotiate a mutually advantageous outcome with people from other cultures is a characteristic of a business professional with high cultural intelligence.
If a business professional has a characteristic of high cultural intelligence, this knowledge helps them to relate to others with empathy and understanding, and this characteristics brings advantageous outcome while negotiating.
Cultural intelligence is a measure of one's ability to work with and adapt to members of other cultures. The ability to approach cross-cultural business relationships is a characteristic of high cultural intelligence.
Hence, a business professional with high cultural intelligence is attuned to the beliefs, and values of people from different cultures.
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The Midwest Division of Grainger Company has investment center average invested assets of $200,000 and investment center income of $40,000. What is the return on investment for this division?
The return on investment for this division is (B) 20%.
What is the return on investment (ROI)?Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time). A high ROI indicates that the benefits of the investment outweigh the costs. ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments. It is one method of connecting profits to capital invested in economic terms.To find the return on investment for this division:= income/average invested assets
= $40,000/$200,000
= return on investment
= 20%
Therefore, the return on investment for this division is (B) 20%.
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Correct question:
The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?
(A) 500%
(B) 20%
(C) 25%
(D) 80%
When a breach of contract results in no tangible harm to a non-breaching party, it can receive __________ damages from the breaching party.
When a breach of contract results in no tangible harm to a non-breaching party, it can receive nominal damages from the breaching party.
What is breach of contract?Breach of contract is when one of the party to a contract is unable to perform his or her terms of the contract. A contract is meant to satisfy the reasons for which the contract was gone into for both parties.
Elements of breach of contract are :
The existence of a contract.Performance by the plaintiff or some justification for nonperformance.Failure to perform the contract by the defendant.Resulting damages to the plaintiff.Learn more about breach of contract here: https://brainly.com/question/1184001
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An advantage of the partnership form of business organization is:
Advantages of a partnership consist that: two heads (or greater) are better than one. Your business is simple to establish and begin-up fees are low. more capital is to be had for the enterprise.
A partnership business is straightforward to shape since very minimum prison approaches are required. A partnership enterprise has a limitless liability, which influences the financial assets of the companions. The partnership may be without problems dissolved on insolvency retirement or loss of life of an associate, and no felony procedures are required.
The advantages of a partnership are more control abilities, more possibility of retaining equipped workers, more sources of financing, ease of formation, and freedom to control.
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The economic development of a country is dependent on all of the following except Part 2 A. improving education. B. limiting protectionism in the world economy. C. establishing a stable system of property rights. D. promoting protectionist barriers.
The economic development of a country is dependent on all of the following except promoting protectionist barriers. Hence, option D is correct.
What is Economic Development?
Economic and social development is the process through which the economic well-being and quality of life of a country, region, local community, or an individual are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector.Although the phrase has been widely used in the 20th and 21st centuries, the idea has been around in the West for much longer.The terms "Westernization," "industrialization," and "modernization" are also frequently used when referring to economic progress. Prior to the 1960s, economic development programs tended to place more of an emphasis on infrastructure and industrialization than on reducing poverty.Know more about Economic Development https://brainly.com/question/22690298
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Ghada is the CEO of Black Mesa Inc., a publicly traded company. The shareholders want Ghada on the board of directors despite her recent appointment as the CEO. This decision of the shareholders is most likely because Ghada is
Ghada is already a CEO of Black Mesa Inc. and the shareholders want Ghada to be the member of board of directors because She is a trusted person by the shareholders.
Who is a CEO?CEO is also known as the Chief Executive Officer, A CEO is the highest ranking officer in a company. He/She is usually involved in the key decision making for the company. A CEO has the responsibility of oversighting the executive teams of the company.
Ghada is being voted to be the member of Board of directors by the shareholders because She is trusted by the shareholders, Ghada must have served as a CEO or as an employee of Black Mesa Inc. for a long time and that is why the shareholders have this much trust in her.
Ghada must have made beneficial decisions in the past which could have resulted in a gain for the shareholders.
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Which of the basic organizational functions records all financial activity from billing customers to paying employees?
Which of the basic organizational functions records all financial activity from billing customers to paying employees: Accounting
Financial usually refers to money matters or transactions of some size or importance. Cash, stocks, bonds, mutual funds, and bank deposits are all examples of financial assets.
The Financial field includes three main subcategories:
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Companies like State Farm, a leading property and casualty insurance company, believe that the best way to create relationships with customers is to join them in activities they enjoy. Which type of market segmentation best captures this combination of age and interest in contemporary or alternative music
The type of market segmentation best captures the combination of age and interest in contemporary or alternative music is called "Demographic segmentation marketing".
What is market segmentation?Market segmentation is to pinpoint specific customer groups so that merchandise and branding can be tailored to appeal to them. There are many different ways to segment markets, including geographically, demographically, or behaviorally.
What is Demographic segmentation marketing?By focusing on characteristics like age, gender, income, occupation, and family status, demographic segmentation separates current and potential customers into groups.
The importance of Demographic segmentation marketing are-
You can target your marketing strategy more precisely with demographic segmentation. It aids in vision clarification, gives future advertising plans more focus, and helps you make the most of your time, money, and resources. You should target this group if the average age of your customers is between 20 and 35.Companies can better grasp their potential markets thanks to these smaller sectors, which also helps them manage their time and resources.To know more about the Market Segmentation, here
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Cocaine, __________, and heroin freely available to adults could be used by youngsters as easily as cigarettes and alcohol are.
Cocaine, methamphetamine, and heroin are freely available drugs to adults and could be used by youngsters as easily as cigarettes and alcohol.
Drugs
The above pharmaceuticals are all instances of TERATOGENS. Teratogens are chemicals that lead to embryonic deformity and birth abnormalities in newborns. Teratogens come in many forms, including medications, chemicals, radiation, maternal infections, etc. These drugs have a variety of effects; they can immediately end a pregnancy or result in an improperly formed child. Thus, the intake of drugs has to be banned.
Any chemical or action that prevents a fetus from developing normally while it is inside the mother is considered a teratogen. Examples include medications (both prescription and over-the-counter), toxins, maternal undernourishment, infectious infections, etc.
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The combination of advertising, personal selling, public relations, and sales promotions that a firm uses to develop customers is known as
The combination of advertising, personal selling, public relations, and sales promotions that a firm uses to develop customers is known as promotional mix.
What is promotional mix?Promotional mix consist of all activities such as advertising, personal selling in order to promote immediate sales.
They are collections of tools an organization uses for its promotional purpose with the ultimate objective of attracting customers and increasing sales. It is a blend of promotional variables chosen by marketers to help a firm reach its goals.
The elements that make up promotional mix are:
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On a timeline, a goal that will be achieved in
of one that will be achieved in
years.
OA. 6; 9
OB. 6; 3
O C. 9;3
O D. 9; 6
years will be to the left
An aggregate demand (ad) curve shows the:
An aggregate demand curve shows the total spending on domestic goods and services at each price level.
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By purchasing la boulange, starbucks is implementing a ______________ in the hopes of gaining a competitive advantage.
By purchasing a Boulanger, Starbucks is implementing a corporate-level strategy in the hopes of gaining a competitive advantage.
By leveraging intangible resources such as corporate experience and knowledge, you can start a newly independent company with the ability to quickly create value with those resources.
Value-neutral reasons are intended to help the company's management team, while value-added reasons are intended to help the company achieve a better competitive position.
Starbucks not only uses its own coffee beans to make coffee but diversifies to use coffee beans to make other products, Starbucks uses the same raw materials to make different products You can increase your sales by
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What are the symptoms and long-term complications of genital human papillomavirus (HPV)?
Most people with HPV never develop symptoms, but sometimes the infection can develop into genital warts, cervical cancer, or other genital cancers.
Many people with HPV have few or no symptoms, but sometimes the infection spreads to cause serious issues with the nervous system or circulatory system.
Symptoms include fever, swollen glands, headaches, and fatigue; when the infection is left untreated, it can cause serious issues like cancer and even stroke.
Symptoms include joint pain, headaches, and abdominal pain; when the infection is left untreated, it can lead to serious issues like heart disease or cancer.
HPV is such that Most people with HPV never develop symptoms, but sometimes the infection can develop into genital warts, cervical cancer, or other genital cancers.
What are some symptoms that come with HPV?A person with HPV might not know that they have the virus for a long time because most people don't develop any symptoms.
However, this isn't a free pass because HPV can lead to damaging effects such as genital warts and cancers.
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Suppose you have a collision involving another car with a single occupant, the driver. It is your fault. No one is seriously hurt, but the other driver chooses to go to the emergency room to be checked out. The medical cost is $1,500. The damage to your car is $3,000, And the damage to the other car is $6,000. You have the following minimum coverage:
Bodily injury liability coverage: $15,000 per person, $30,000 per accident
Property damage liability coverage: $5,000
No collision.
1. How much would your insurance pay and how much would you pay? Explain why.
Answer:
that would be crease
Explanation:
dsa
One of the huge benefits of just-in-time production is that the need for _______________ is eliminated.
One of the huge benefits of just-in-time production is that the need for "time" is eliminated.
What is just-in-time production?With just-in-time (JIT) manufacturing, products are produced as needed, rather than in excess or ahead of schedule.
Some characteristics of just-in-time are-
With just-in-time (JIT) manufacturing, products are produced as needed, rather than just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules in excess or ahead of schedule.Because Toyota, a vehicle manufacturer, introduced just-in-time manufacturing in the 1970s, the practise is often referred to as the Toyota Production System (TPS).To prevent work-in-process overcapacity, JIT is frequently used in conjunction with the scheduling technique known as kanban.The JIT production method depends on consistent output, excellent craftsmanship, no equipment failures, and trustworthy suppliers for its success.The JIT system is also known as short-cycle manufacturing (as used by Motorola) and continuous-flow manufacturing (as used by IBM).To know more about just-in-time inventory management, here
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Early in the year, Marlon was in an automobile accident during the course of his employment. As a result of the physical injuries he sustained, he received the following payments during the year:
As a result of the physical injuries he sustained, he received the following payments during the year:$0. This is further explained below.
What are physical injuries?Generally, Heat and cold, electrical discharges, changes in pressure and radiation are all examples of physical ailments that may be induced by mechanical traumas.
In conclusion, It is possible for Marlon to deduct from his gross income the $10,000 in medical bills that were paid for by his health insurance policy and repaid to him. Even though the payout is in lieu of Marlon's salary, the $15,000 that he got as part of the settlement for the physical personal injury damage may be disregarded when calculating his gross income.
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Deon is an aesthetician at a busy salon. In order to reach her sales goal for the month, she sometimes lies to clients who call to make an appointment with someone else by saying that she is the only aesthetician available for an appointment. This illustrates which problem associated with evaluating job performance on results alone?
This illustrates social underlining and sabotaging to make the bottom-line results problem associated with evaluating job performance on results alone. Some people struggle for the majority of their lives with intense cravings for food, alcohol, gambling, or other temptations that have a severe impact on their relationships or health.
What is Self Sabotage?When behavior causes issues in daily life and obstructs long-term goals, it is considered to be self-sabotaging.Procrastination, self-medication with drugs or alcohol, comfort eating, and acts of self-injury like cutting are among the most prevalent self-destructive activities.The factors that cause self-sabotage, however, can also be subtler. For instance, a buildup of erroneous and dysfunctional ideas might cause someone to underrate their skills, repress their emotions, or snap at those around them.Know more about self sabotage https://brainly.com/question/2295115
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If a company decreases its selling price by $4 per unit, due to a decrease in its direct material cost of $4 per unit, the break-even point in units will?
There would no change in the break-even point .
What is breakeven point?
It is the point at which the firm makes zero profit, I mean the number of units the firm needs to sell in order to cover all costs, such that revenue is the same as total costs.
Initially, breakeven point is the fixed costs divided by the contribution margin per unit(i.e. selling price minus variable cost per unit)
Let assume fixed cost is $100,000
Selling price=$40
variable cost=$20
Initial breakeven point=$100,000/($40-$20)
Initial breakeven point=5,000 units
Now selling price and variable cost would reduce by $4 each
breakeven point now=$100,000/($36-$16)
breakeven point now=5,000 units
Overall, the breakeven point would remain the same before the reduction in selling price and variable cost as well as after the reduction.
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A company has recorded the last five days of daily demand on its only product. Those values are 120, 125, 124, 128, and 133. The time from when an order is placed to when it arrives at the company from its vendor is 5 days. Assuming the basic fixed-order-quantity inventory model fits this situation and no safety stock is needed, which of the following is the reorder point (R)
630 is the recorder point.
Safety stock is a term used by logistics personnel to describe additional inventory held to reduce the risk of stock-outs (shortages of raw materials or packaging) due to supply and demand uncertainties. Adequate safety stock allows business operations to continue as planned. Safety stock is held when demand, supply, or production is uncertain and acts as insurance against stockouts.
Safety stock is an additional quantity on hand to reduce the risk of an item being out of stock. This acts as a buffer stock in case sales are higher than expected or the supplier is unable to deliver additional units in the expected time.
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Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.
Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
What is the 50-30-20 budget method?The 50-30-20 approach that is often used in budgeting is known to be one one the of the simplest and very straight way in the aspect of money management options.
Note that this ideal is often made for those who need to form a budget but they are said to not possess the time or the patience to be able to keep track of their spending in a well detailed manner.
The ways is that one need to spend 50 percent of their after-tax pay on needs, 30 percent in regards to wants, and the last 20 percent in regards to savings or paying off any kind of debts.
Hence, Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
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If an owner terminates an exclusive right to sell agreement prior to closing on the property, but the listing broker introduced the buyer to the seller, who is entitled to the commission?
The listing broker introduced the buyer to the seller, who is entitled to the commission as the original listing broker.
A booking is a character or company that acts as a middleman between an investor and a securities change. A broker also can check with the position of a firm while it acts as an agent for a patron and prices the consumer a fee for its services.
In preferred phrases, a broker is a person who buys and sells matters on behalf of others. they are the middlemen among events. In inventory marketplace jargon, a dealer is an individual or a company that executes 'purchase' and 'promote' orders for an investor for a fee or fee.
The definition of a dealer is someone who buys and sells matters on behalf of others. someone who you hire to shop for a stock for you on the inventory trade is an example of a dealer.
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A severability provision Group of answer choices rescinds the entire contract upon request of the party who drafted it. transfers benefits under a contract to another person. asks the court to delete the offending clause and enforce the rest of the contract. transfers the obligations of a contract to another party.
A severability provision provides for some provisions of a contract to survive the illegality or unenforceability of others. The correct answer is option C asks the court to delete the offending clause and enforce the rest of the contract.
What is a severability provision?A severability provision allows for the continuation of the law or contract's terms even if one or more of its other clauses or sections are judged to be invalid or unenforceable. A contract's severability clause specifies that its terms are distinct from one another so that the remaining portions of the agreement will stand even if a court rules that one or more of them are invalid or unenforceable.
Why are severability clauses called savings clauses?Severability provisions often have two elements. Severability clauses are also known as savings clauses because they preserve the remainder of the agreement in the event that a court finds a provision to be unenforceable. Reformation language outlines how the parties intend unenforceable provisions to be changed to be enforceable, or simply deleted.
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