How can understanding risk management topics help in everyday life?
Understanding risk management topics can help in the everyday life because understanding these risk will be of help in understanding and evaluating the possible risk that may come to a person’s life especially in situations that he or she could be involved in.
Answer and explanation;
Understanding risk management topics is important in everyday life as it can;
-Help safeguard your credit and protect you from lawsuits.
-Also help one to avoid large medical bills.
Risk management involves identifying, assessing and controlling threats to an organization's earnings and capital. The risks may originate from a variety of issues such as legal liabilities, accidents and natural disasters among others.
- Help evaluate the risks involved with situations you might face while driving, hanging with friends, or being adventurous.
The price index was 120 in 2012 and 126 in 2013. what was the inflation rate?
Final answer:
To calculate the inflation rate from 2012 to 2013, subtract the price index of 2012 from that of 2013, divide by the 2012 price index, and then multiply by 100. The inflation rate between these years was 5%.
Explanation:
The question you asked is about the calculation of the inflation rate, which is a measure of how much the overall price level of goods and services has risen over time.
To calculate the inflation rate between two consecutive years, you take the price index of the later year, subtract the price index of the earlier year, then divide by the price index of the earlier year and multiply by 100 to get a percentage. So for your given example, where the price index was 120 in 2012 and 126 in 2013, you would calculate the inflation rate using the following formula:
Inflation Rate = ((Price Index in Later Year - Price Index in Earlier Year) / Price Index in Earlier Year) × 100
For your specific question:
Inflation Rate = ((126 - 120) / 120) × 100
Inflation Rate = (6 / 120) × 100
Inflation Rate = 0.05 × 100
Inflation Rate = 5%
Therefore, the inflation rate from 2012 to 2013 was 5%.
If a presentation features numerous slides in a row that all have the same general look and a user needs to see the slides and reorder them based on the text in their headings, which method would be the most advantageous for the user?
a.using the left pane in the Normal view, because the user can most quickly scroll through thumbnails of the slides
b.using the left pane in the Normal view, because the user can edit text and images in the slides in the thumbnails
c.using the Slide Sorter view, because it shows full-size images of the slides that will appear in the Slide Show
d.using the Slide Sorter view, because it can show larger slide previews that make the text easier to read
Answer:
a.using the left pane in the Normal view, because the user can most quickly scroll through thumbnails of the slides
Explanation:
using the normal view, it is very easy to reorder the slides quickly and easier.
a slide can not be used to reorder but only to show larger slide preview, therefore the correct option is "a".
a.using the left pane in the Normal view, because the user can most quickly scroll through thumbnails of the slides
Disarming anger is a vital component in establishing ____________ and in allowing the practice of ___________
The answer in the given spaces above is rapport and empathy. Rapport is a term in which it is having to have a relationship in which is in a close way and having to diminish anger, establishes this. While empathy is an act of having to understand the feelings of others in a way that this is practiced when an individual diminishes anger and establishes rapport.
For the gillette fusion razor, over 60 percent of men who tried the razor adopted the product permanently. these men are known as __________ purchasers
Consider a two-server parallel queuing system where customers arrive according to a poisson process with rate λ, and where the service times are exponential with rate μ. moreover, suppose that arrivals finding both servers busy immediately depart without receiving any service (such a customer is said to be lost), whereas those finding at least one free server immediately enter service and then depart when their service is completed. (a) if both servers are presently busy, find the expected time until the next customer enters the system. (b) starting empty, find the expected time until both servers are busy. (c) find the expected time between two successive lost customers.
The question revolves around queueing theory that employs probability distributions, particularly the Poisson and exponential distributions to calculate expected times of various events within a two-server system. The arrival rate (represented by λ) and the service rate (μ) are parameters critical to solving this question.
Explanation:The concepts presented in this question touch on aspects of queueing theory and probability distributions, specifically Poisson and exponential distributions. To answer these questions, we would begin by using the definition of a Poisson process where the rate of arrival is λ. Given that the service rate is μ, this means that service times are exponentially distributed with the said rate.
(a) When both servers are busy, customers leave the system right away. That means the next customer will only enter the system when one of the current customers departs. In this case, we must calculate using the service rate μ, and not the arrival rate λ.
(b) If we start with an empty system, the expected time until both servers are busy would be calculated by summing the expected times it takes for each server to receive their first customer. In this situation, we calculate using the arrival rate λ.
(c) The expected time between two successive lost customers is equivalent to the time it takes for two new customers to arrive while both servers are busy. Again, for this, we would use the service rate μ.
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A typical hard drive has an arm, a read/write head, and:
What are the phases in a business cycle?
Suppose you filed your taxes and received a small refund from the IRS. What would have been the impact on the refund amount if you had decreased the W-4 allowances for that tax year?
Decrease W-4 allowances will increase the tax refund.
Further Explanation:
W-4 form:
The W-4 form is filed by the employee for the determination of the income tax liability. The employee withholds the tax liability of the employee and gives the remaining balance of the paycheck to the employee. The W-4 allowance is a benefit given by the employer to the employee. The W-4 allowance will decrease the withholding amount from the salary of the employee.
The decrease in W-4 allowances:
The decrease in the W-4 allowance will decrease the net pay of the employee because the decrease in W-4 allowance will increase the withhold money from the paycheck of the employee. The decrease in W-4 allowance will result in a higher withholding amount. The employer would withhold a higher amount of paycheck. In case of a tax refund, the taxpayer will receive a higher amount of tax refund because the employer has paid a higher amount of income tax on his behalf.
Thus, the decrease in W-4 allowances will increase the tax refund.
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Answer details:
Grade: Senior School
Subject: Taxation
Chapter: Income Tax
Keywords: Suppose, filed, taxes, received, small, refund, IRS, impact, refund, amount, decreased, W-4, allowances, tax year.
Why is a lunch consisting of pizza, fruit, and salad a better choice than a lunch with the same number of calories from pizza alone?
The number of employees that work in state and local criminal justice agencies is:
The number of employess that works in the state and local justices agencies, according to the research and studies, the number of employees who are involved with this type of job is about over one million base on the study provided.
Which innovation most strongly caused the emergence of a nationwide market for farm produce in england? the seed drill the bessemer process the steam engine the cotton gin nextreset?
The innovation of Cotton gin strongly caused the emergence of a nationwide market for farm produce in England.
What is a Cotton gin?It is the machine that easily separates the cotton fibers from their seeds, thereby, resulting to greater productivity than manual cotton separation.
Hence, the innovation of Cotton gin strongly caused the emergence of a nationwide market for farm produce in England.
Therefore, the Option D is correct.
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When society has a higher level of capital per person, it is called ______________?
A society having a higher level of capital per person is called capital intensity. It refers to production approach where more capital like buildings, machinery, and technology is used than labor. This commonly occurs in well-developed economies.
Explanation:When society has a higher level of capital per person, it is referred to as capital intensity. Capital intensity is an economic term that describes an approach to production where a higher proportion of capital, such as buildings, machinery, and technology, is used in comparison to labor. This condition usually arises in highly developed economies where there is an abundance of capital and entrepreneurship along with a scarcity of labor. For example, an automobile production plant that uses highly sophisticated machinery to assemble cars is considered to have a high level of capital intensity.
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Susanna wanted to check out a new salon in her locality, so she decided to go for a hair styling session. she was very happy with the way her stylist connected and related with her concerns. she is judging the service based on its ________.
The approach used by Susanna, to judge the the service of the new salon in her locality is based on its functional quality or service quality.
What is service quality?In its modern definition, service quality is a comparison of perceived expectations (E) of a service with perceived performance (P), giving rise to the equation SQ=P-E. The expectancy-disconfirmation paradigm inspired this approach to service quality.
A company that provides high-quality service will meet or exceed customer expectations while remaining competitive. Empirical evidence suggests that improved service quality boosts profitability and long-term economic competitiveness. Service quality can be improved by improving operational processes, quickly and systematically identifying problems, establishing valid and reliable service performance measures, and measuring customer satisfaction and other performance outcomes.
Therefore, Susanna is judging the service based on its service quality.
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Theo is injured at work and files a workers' compensation claim, which is administered by the workers' compensation agency in his state. his employer disputes the extent of theo's injuries. the case is heard by an administrative law judge ("alj"), who decides the case in the employer's favor. theo's attorney tells him that the alj's decision cannot be appealed to a court because:
What term refers to the continuous process by which an individual changes during life?
In the marxian framework, the __________ comprises those who own and control the means of production
The pharmaceutical industry maintains sales of well over $100 billion a year, and more than half of all prescriptions are filled with ____ drugs.
More than half of all prescriptions are filled with generic drugs, driven by the Hatch-Waxman Act which facilitated the growth of the generic drug industry. As a result, generic drugs offer a more affordable alternative for consumers, with significant cost differences compared to brand-name drugs.
The pharmaceutical industry sees sales well over $100 billion a year, with more than half of all prescriptions being filled with generic drugs. Generic drugs are cost-effective alternatives to more expensive brand-name medications. After the Drug Competition and Patent Term Restoration Act of 1984, also known as the Hatch-Waxman Act, the generic drug industry expanded significantly.
By 2006, generics accounted for over half of the industry, with U.S. sales surging from $15 billion in 2002 to $192 billion in 2006. Furthermore, while a branded prescription cost approximately $111.02, a generic prescription was priced at about $32.23 on average.
The rise of generics has not only influenced market dynamics but has also benefited consumers by providing more affordable medication options. Generic prescriptions are now an essential component of healthcare, underscoring the significant role of the Hatch-Waxman Act in promoting competition and accessibility in the pharmaceutical industry.
The idea of efficiency often arises when measuring a society's well-being. there are two kinds of efficiency: productive efficiency and allocative efficiency.
Electronic monitoring, house arrest and day reporting are examples of:
Final answer:
Electronic monitoring, house arrest, and day reporting are forms of alternative sentencing in law, distinct from incapacitation like prison. They involve monitoring, confining to a residence, and regular check-ins, respectively, aimed at preventing future crime without full incarceration.
Explanation:
Electronic monitoring, house arrest, and day reporting are examples of alternative sentencing strategies used within the criminal justice system. These approaches serve as ways to manage convicted individuals outside of traditional prison settings and are often implemented to prevent future crimes by various means. Electronic monitoring may consist of using technology to track a person's location or activities, ensuring they do not violate the terms of their release. House arrest confines individuals to their residences for certain periods, with possible exceptions for employment or medical appointments. Day reporting requires individuals to check in with authorities regularly, which could be daily or several times a week. This is different from incapacitation strategies like incarceration, which remove the defendant from society entirely, potentially through a prison sentence. Rehabilitation is another aspect of the criminal justice system which aims to alter a defendant's behavior through such measures as educational programs, treatment centers, or counseling.
Costs that change directly with the level of production are referred to as ________ costs
One advantage of group decision making is that it usually provides ___ than individual decision making
Final answer:
Group decision making often yields more diverse and representative decisions than individual decision making as it incorporates a wider array of perspectives, despite higher transaction costs. It benefits from mechanisms that reduce free-riding and can result in strengthened group attitudes through group polarization.
Explanation:
One advantage of group decision making is that it usually provides more diverse perspectives and input than individual decision making. In a group setting, the exchange and discussion of ideas can lead to a decision that is more representative of the group's collective preferences, which is beneficial in tailoring policies more closely to the preferences of all members involved. Despite potential coordination challenges and transaction costs like time and effort invested in reaching a consensus, the outcome of group deliberation typically results in reduced conformity costs - the differences between what each individual hopes for and what decision is ultimately received.
Group decision making also involves mechanisms such as monitoring behavior, peer pressure, and incentives to minimize issues like free-riding, wherein some group members benefit from others' efforts without contributing themselves. Leaders in groups can offer both material incentives like discounts and solidary incentives like associating with like-minded individuals, to motivate group members towards collective action.
A phenomenon that can improve group decision making is group polarization, where the group attitude towards a particular viewpoint becomes stronger after discussion. However, it's also important to be aware of groupthink, where the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. Strategies to avoid groupthink include seeking outside opinions, private voting, and ensuring all viewpoints are considered.
A group of 72 people travel to the beach for a clean-up day. some of the people bring their own supplies (such as gloves, water, and garbage bags). supplies are provided for the rest of the people. write an equation for the number of people for whom supplies will be provided, p, of b people bring their own supplies. math
Answer:
P=72-B
Explanation:
The situation says that there is a group of 72 people from which some bring their own supplies, b, and for the rest the supplies will be provided, p. So, this means that:
P+B= 72
The situation is asking for an equation to determine the number of people for whom supplies will be provided, p. This means that you will have to isolate p from the equation:
P= 72-B
A pharmacy company wants to add flu shots to its list of services. It releases a code for free shots online using____ . It creates radio ads alerting the public to the launch of its new service, which is a form of ____. It also sends sales representatives to elderly housing and schools to give brief talks on the importance of flu shots, which is an example of____ .
1.
A) direct marketing
B) billboards
C) social media
D) magazine ads
2.
A) direct marketing
B) advertising
C) sales promotion
D) website ad
3.
A) advertising
B) publicity
C) social media
D) sales promotion
From the description given in the question, it is clear that 1. (C) social media is the answer to the first blank, since the pharmacy company releases a code online for free shots.
The radio ads that the company uses are a form of 2. (B) advertising since they are sending a message about their new service using the radio, while the sales representatives that they sent out are a form of 3. (B) publicity.
If it cost $4.65 per day for a 5 day work week to ride the bus, and a weekly pass is $20, how much could you save by buying the pass?
Answer:
The answer is $3.25
Step-by-step explaination:
Given that the cost per day for a 5 day work week to ride the bus is $4.65
So, cost for 5 day to ride will become [tex]4.65\times 5[/tex]
= $23.25
& also Weekly pass cost $20
we have to find the money saved by buying the pass. Therefore, it can be calculated as
money saved = cost for 5 day to ride - weekely pass cost
= $23.25 - $20 = $3.25
_____ of the sarbanes-oxley act addresses issues related to corporate and criminal fraud accountability. title i title xii title xiii title viii
If you want your students to work on an assignment at a steady rate, the best thing for you to do is to
a. circulate around the room and praise students at frequent but unpredictable intervals.
What is the capital gains tax?
Francesca is making a list of her long-term goals. What advise would you give her?
1:have only one long-term goal
2: make them flexible
3: make them simple
4: make them time bound
When Francesca is making a list of her long-term goals, the advise that can be given to her is that she should D. make them time bound.
What is a goal?It should be noted that a goal simply means the aims and aspirations of an individual. It's what one wants to achieve.
In this case, when Francesca is making a list of her long-term goals, the advise that can be given to her is that she should make them time bound.
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Answer:
It is best to make them time bound.
Explanation:
Where do banks get money to lend to borrowers?
the bank’s management
shareholders
the government
depositors
The option D is correct.
Banks get money to lend to borrowers from the depositors.
Further Explanation:
The main purpose of the bank to provide the loan to the customer and savings facility to the customer. The bank is the intermediary among the customer who has excess cash and the person who needs the cash. The banks provide the money to the lender from the cash deposited by the customer. The customer who deposited the cash in the bank is known as a depositor.
Justification for the correct and incorrect answer:
A.
The bank’s management: This option is incorrect.
As the bank’s management does the function of managing the bank. It does not provide the money to the bank. So, this option is incorrect.
B.
Shareholders: This option is incorrect.
Shareholders are the person who invested the money in the name of the bank company for a particular purpose. The money invested by shareholders can not be used to provide the loan to the lender. So, this option is incorrect.
C.
Government: This option is incorrect.
The government does not provide any type of financial help to provide the loan to the lender. So, this option is incorrect.
D.
Depositors: This option is correct.
The banks provide the loan to the lender by using the savings of the depositor. So, this option is correct.
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Answer details:
Grade: Middle School
Subject: Banking
Chapter: Borrowing
Keywords:
bank, lend, borrowers, customer, depositor, bank’s management, government, shareholders, savings, invested, money, managing, borrowing.