Answer:
The price is above equilibrium; quantity supplied is more than quantity demanded.
Explanation:
A surplus in the market means the actual price of a product is above the equilibrium point. The quantity supplied is much more than the quantity demanded. A considerable population of buyers will not afford the product due to its high price.
Higher prices will cause the demand for goods to decrease in the market. When there is a surplus in the market, sellers will tend to reduce the price hence increasing the quantity demanded. This will decrease the quantity supplied. The buyers will now afford the product.
A surplus in a market indicates that the actual price is above the equilibrium price, causing producers to supply more of the good than consumers are willing to purchase.
Explanation:In an economic context, if a surplus exists in a market, this suggests that the actual price of a specific good or service is above the equilibrium price. The equilibrium price, also known as the market-clearing price, is the price at which the quantity demanded by consumers equals the quantity supplied by producers. When the actual price is higher than this equilibrium level, producers are willing to supply more of the good than consumers are willing to buy, resulting in a surplus.
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When a manager assigns someone to work one-on-one with a new employee and show the new employee how the work is done, the training activity known as ______ is occurring.
Answer:
Coaching or Mentoring
Explanation:
When a manager assigns someone to work one on one with a new employee and show the new employee how the work is done , the training activity is known as coaching or mentoring is occurring.
Such type of training creates a relationship between the new employee and an experienced professional employee who teaches the new employee the different ways and methods to perform the work in a more efficient and effective manner.
If Congress instituted an investment tax credit a. it would make buying bonds more desirable, so the demand for loanable funds would shift. b. it would make buying capital goods more desirable, so the demand for loanable funds would shift. c. it would make buying bonds more desirable, so the supply of loanable funds would shift. d. it would make buying capital goods more desirable, so the supply of loanable funds would shift.
Answer:
If Congress instituted an investment tax credit, it would make buying capital goods more desirable, so the demand for loanable funds would shift.
Explanation:
Buying of capital goods becomes more desirable if Congress institutes an investment tax credit, so the demand for loanable funds would shift because
it has been observed that an investment tax credit for businesses to expand usually results into the demand for loanable funds to increase
The Lynx Manufacturing Company produces components used in electronic toys. In fiscal year 2017, Lynx earned an accounting profit of $3 million. However, Lynxes production facilities might have also been used to produce components for mobile phones, which would have generated $2 million in revenues and saved the company $500,000 in production costs. Which of the following statements is true?a) lynx earned an economic profit of $5.5 million. b) lynx earned an economic profit of $500,000.c) lynx suffered an economic loss of $500,000.d) lynx suffered an economic loss of $2.5 million.
Answer:
Option "B" is the correct answer to the following statement.
Explanation:
During the fiscal year 2017, The Lynx Manufacturing Company Received $2,000,000 Profit that helps the company to earn a profit of $5,000,000 in production cost.
This extra saved income in the fiscal year 2017 is called economic profit for the firm.
Therefore, Option "B" is the correct answer to the following situation.
During a certain six-year period, the consumer price index (CPI) increased by 50%, but during the next sis-year period, it increased by only 30%. Which of these conditions must have existed during the second six-year period?
A. Inflation
B. Stagnation
C. Conflation
D. Deflation
Answer:
D. Deflation
Explanation:
"Consumer Price Index" (CPI) measures the changes in the weighted average of prices of a market basket (consisting of consumer goods and services). It tells the cost of living for every consumer.
"Inflation" refers to the sustained increase of prices of goods and services while "deflation" refers to the sustained decrease of prices of goods and services.
In the situation above, the CPI is considered lower than before, thus deflation must have occurred during the second six-year period. It shows a negative inflation rate.
So, this explains the answer.
It is A. Inflation
Delivery costs at Hernandez, Inc. appear below for specific months of operations: Month Amount Units Produced March $20,000 16,000 April $18,000 12,000 Which type of cost are delivery costs at Hernandez?1. Mixed2. Variable3. Fixed
The delivery costs at Hernandez, Inc. vary between the months of March and April, reflecting a potential change with production levels. However, due to the limited data, it cannot be definitively concluded whether the costs are fixed, variable, or mixed. More information on how the costs behave at different production levels is necessary to determine the type of cost.
To determine what type of cost delivery costs at Hernandez, Inc. are, we can examine the data provided for the months of March and April. In March, the delivery costs were $20,000 for 16,000 units produced, and in April, the delivery costs were $18,000 for 12,000 units produced. By analyzing the costs, we can see if the costs vary with the production levels or if they remain constant regardless of the production volume.
Fixed costs remain constant regardless of the level of production or sales volume. By contrast, variable costs change in direct proportion to changes in production or sales volume. Mixed costs have both fixed and variable components.
In the case of Hernandez, Inc., as production decreases from 16,000 units to 12,000 units, the delivery costs also decrease but not in direct proportion, which may suggest that the delivery costs are not purely variable. However, without more information about how delivery costs behave at other levels of production, it is difficult to categorize them solely as fixed or variable. They could potentially be mixed costs, but the provided data points do not give enough information to conclude definitively which type they are.
Ratios that measure the income or operating success of a company for a given period of time are called
An investigator locates the scene that should be observed, anticipates the action that is most likely to occur at the scene, and keeps detailed notes on all activities involving the suspect. Which type of surveillance is being used here? a. Stationary surveillance b. Static surveillance c. Moving surveillance d. Electronic surveillance
Answer:
Stationary surveillance
Explanation:
Where a crime has been committed and there is a need for an investigation, the investigator will locate the crime scene and observe the scene for proper recordings. Stationary surveillance is usually installed around in the form of a hidden camera for the investigator to be able to know what happened or occurred at the scene. So where a crime has been committed, the investigator will proceed to the crime scene and retrieve the installed stationary surveillance in form of a camera that must have been hidden somewhere around the crime scene to get a piece of detailed information about the suspect and everything needed for the investigation.This stationary surveillance records images and videos of people, suspects and activities around the crime scene and the investigator will be able to know the activities that occur when he was not there.
Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.
Full question:
Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.
Select the correct answer below:
a)economies of scale
b)budget constraint
c)opportunity cost
d)opportunity set
Answer:
His friend is referring to the opportunity cost
Explanation:
Opportunity costs describe the gains a person, investor or company drops out on when picking one choice over another. The cost of practicing something is previously the cost of the highest-valued alternative use. Bottlenecks are frequently a condition of opportunity costs.
The method for determining an opportunity cost is solely the contrast within the expected returns of any option. Estimating opportunity costs can lead you to more effective decision-making. Opportunity cost examination also performs a crucial role in preparing a business's capital structure.
Final answer:
Bobby's friend is alluding to the 'opportunity cost,' which includes the explicit cost of $60 for the ticket and the implicit cost of the income foregone by not attending work. It represents the true economic cost of Bobby's decision to attend the musical instead of working.
Explanation:
Bobby's friend is referring to the concept of opportunity cost. Opportunity cost is the value of the next best alternative that one gives up when making a decision. In this scenario, the opportunity cost for Bobby attending the musical includes not only the price of the ticket but also the money he would have earned had he gone to work instead.
For example, if Bobby earns $100 by working for a day and he decides to take a day off to attend a musical which costs him $60, the total cost of attending the musical is actually $160 ($60 for the ticket plus the $100 he foregoes from not working). Therefore, while the explicit cost is $60, the opportunity cost (which includes both explicit and implicit costs) is significantly higher.
This concept is essential in both personal finance and business decisions as it helps individuals and companies assess the true cost of their choices, enabling them to make more informed decisions on how to allocate their resources most efficiently.
True or false: Companies that use a perpetual inventory system never need to do a physical count of inventory because in a perpetual system cost of goods sold and inventory are kept up-to-date every time a sale is recorded.
Answer: False
Explanation: Companies who use a perpetual inventory system do a physical count of inventory at the end of the time despite having an up to date inventory. This is done to be certain and estimate what was recorded down corresponds to what they have in the merchandise kept in the premises of a shop available for sale or distribution. However, after the comparison, variations could exist due to some issues like the disappearance of inventory with no established explanation.
In addition to the following closing costs listed below, the buyer pays a realtor commission that is 3.5% of the loan amount. Closing Cost Charge Loan origination $280 Title insurance $476 Attorney’s fees $675 Inspection $200 Recording fees $118 Escrow $573 If the loan amount is $165,000, how much was paid at closing?
Answer:
d.
$8,097
Explanation:
A firm's _______ are best described as distinct and fine-grained business processes such as order taking, physical delivery of products, or invoicing customers.
Answer:
Activities.
Explanation:
A firm's activities are the various business processes that a firm engages in with the aim of making profit or meeting other organisational goals.
They are distinct and well defined processes that have laid down prcedures and policy for execution. For example when a business is replying to the order of a client for a product there are laid down guides on how to go about this. From the expected turn around time to the steps in fulfilling the order.
These policies make a business's processes unique.
The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a ________-level strategy.
Answer:
The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a business-level strategy
Explanation:
The business-level strategy focused on increasing the value of the business to the customer while keep trying to increase profit. We can divide the strategy into 4 main types based on the source of competitive advantage and the business scope.
When the business source of competitive advantage is cost, the business will trying to have the cheapest price compared to other competitors. Another option of the competitive advantage is the differentiation of the product, making different products than your competitor.
The scope will also be divided into two types. Broad scope is when the business target a wide range of the market. Narrow scope is when focusing at niche market.
. Singh Co. reports a contribution margin of $717,000 and fixed costs of $478,000. (1) Compute the company’s degree of operating leverage. (2) If sales increase by 20%, what amount of income will Singh Co. expect?
Answer:
1. 3
2. $382,400
Explanation:
The computation is shown below:
The computation of the degree of operating leverage is shown below:
= (Contribution margin) ÷ (Contribution margin - Fixed costs)
= ($717,000) ÷ ($717,000 - $478,000)
= $717,000 ÷ $239,000
= 3
Now the increase in percentage of income
= 20% × 3
= 60%
So, the expected of income is
= $239,000 × 100 + 60%
= $239,000 × 160%
= $382,400
Bob, the owner of Orthopedic Supply, just discovered that his trusted friend Ruth, his accountant for over 30 years, has been mishandling the company books and stealing from the company bank account. Bob must decide whether to ignore his friend's actions and avoid bad publicity for Orthopedic Supply, or to have Ruth arested for embezzlement. Bob is facing:________ a) a whistle-blower. b) a moral courage decision c) an issue of corporate governance. d) a social audit e) an ethical dilemma.
Answer: e) an ethical dilemma.
Explanation:An Ethical dilemma is a situation where a person is faced with two opposing options where one is a normal and appropriate thing to do while the other is concerned with ones Relationships.
Most managers are faced with Ethical dilemmas on a daily basis as they have to choose between Maintaining their friendships or strictly adhering to Ethical obligations and standards. Bob, the owner of Orthopedic Supply, is faced with an Ethical dilemma between sparing his friends and trusted friend and following Ethical standards.
Beats Electronics has been able to outperform Audio-Technica, Bose, JBL, Skullcandy, Sennheiser, and Sony in the high-end, premium headphone market. Which of the following statements accurately explains one of the main reasons for the success of Beat? A. It produced the highest-quality headphones.B.It created a perception that owning its products was cool.C. It emphasized marketing over core competency.D. It focused on sponsoring future athletic superstars.
The main reason for the success of the Beats Electronics is: B. it created a perception that owning its products was cool.
Explanation:
Beats Electronics was able to outperform in the premium headphone market. They were able to out-stand from their competitive companies like JBL, Bose, Audio-Technica, Skullcandy and Sennheiser.
Beats Electronics made their customers to believe that owning their product is cool. They created a perception to the customers which made them to lead in the market.
Perception refers to the way the information is conveyed to others. Beat Electronics followed this strategy and made their customers to feel that owning their product is cool.
The main reason for Beats Electronics' success is its effective marketing strategy that created a desired image and positioned its headphones as a status symbol, rather than simply producing the highest quality product.
Explanation:The success of Beats Electronics in outselling other premium headphone brands like Audio-Technica, Bose, JBL, Skullcandy, Sennheiser, and Sony can be attributed to a variety of factors. One of the main reasons, however, is not necessarily the production of the highest quality headphones but rather the successful branding strategy that Beats implemented. Beats created a perception that owning its products was cool and desirable, a strategy very effective among its target market.
Part of their strategy was a broad and well-executed marketing plan that portrayed the headphones as a status symbol among celebrities and music enthusiasts. Furthermore, the company strategically used product placements and celebrity endorsements to enhance its brand value. This type of marketing makes consumers associate the headphones with a certain lifestyle and image, which can significantly drive sales.
Although Beats did sponsor athletes, which contributed to its visibility, it is the overall marketing approach and the cultural appeal the brand managed to achieve that is often singled out as a critical factor for their success.
Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she budget for annual expenses?
Answer:
14.83%
Explanation:
Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she budget for annual expenses?
$1820 semimonthly = 1820 x 2 monthly = $3,640
Annual expenses budget = $54
Percentage of her net monthly income budgeted for annual expenses = (54 / 3, 640) x 100 = 14.83%
Answer:
What percent of her net monthly income does she budget for annual expenses?
1%
got it right on the test :)
Explanation:
Assume a central bank exchanges its currency for other foreign currencies in the foreign exchange market, but does not adjust for the resulting change in the money supply. This is an example of:
Answer:
nonsterilized intervention
Explanation:
Based on the information provided within the question it can be said that this scenario is a direct example of nonsterilized intervention. This term refers to when central banks attempt to influence the exchange rates by refusing to buy or sell assets or currencies which in term allows the money supply to stay the same .
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost - Activity Base Procurement $315,600 Number of purchase orders Scheduling $200,900 Number of production orders Materials handling $443,500 Number of moves Product development $717,100 Number of engineering changes Production $1,438,900 Machine hours Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units Disk drives 4,080 360 1,460 15 2,200 1,900 Tape drives 1,700 125 760 5 8,600 4,300 Wire drives 11,500 870 3,700 21 10,600 2,400 Determine the activity rate for materials handling per move.a. $58.82
b. $50.00
c. $20.83
d. $80.65
Please kindly note that none of the
Options given in the question is correct.
The correct answer is calculated and explained below
Answer:
$79.92 per move.
Explanation:
Activity rate can be calculated by dividing Activity cost budgeted for the particular activity pool by the Estimated or Total Activity base for that pool
Activity rate = Budgeted activity cost ÷ Estimated or Total Activity base
In the question above,
Budgeted Activity cost for material handling = $443,500
Estimated or Total Activity base for material handling (Summation of Total moves) = 1,460 + 760 + 3,700 = 5920 moves
Activity rate = $443,500 ÷ 5920
= $79.92 per move.
The correct activity rate for materials handling per move is $74.92, after dividing the total cost for materials handling ($443,500) by the total number of moves (5,920).
Explanation:To calculate the activity rate for materials handling per move, we use the total budgeted activity cost for materials handling and divide it by the total number of moves. The budgeted activity cost for materials handling is given as $443,500. The total number of moves from all products (disk drives, tape drives, and wire drives) are 1,460 + 760 + 3,700 moves which equals 5,920 moves.
To find the rate per move, we perform the following calculation:
Activity Rate = Total Cost for Activity / Total Number of Moves
= $443,500 / 5,920 moves
= $74.92 per move.
Therefore, the correct activity rate for materials handling per move is $74.92, which means none of the provided options (a, b, c, d) are correct.
When a business association holds itself out to others as being a corporation when it has made no attempt to , the firm normally will be from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving dispute.
incorporate
estopped
a single
Answer: Putting the terms incorporate , estopped and a single to make a meaning it becomes as seen in the explanation below.
Explanation: The question should be fill in the bracket with the terms - incorporate, estopped and single.
So it becomes.
When a business association holds itself out to others as being a corporation when it has made no attempt to INCORPORATE.
The firm normally will be ESTOPPED from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving a SINGLE dispute.
Answer:
When a business association holds itself out to others as being a corporation when it has made no attempt to INCORPORATE, the firm normally will ESTOPPED be from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving A SINGLE dispute.
Explanation:
This paragraph refers to corporations by estoppel, which are businesses that have not completed (or even started) the statutory requirements to incorporate, but act like corporations. This denomination is used by courts when individuals act like they are part of a corporation or a limited liability company and then if something goes wrong (and it usually does), will argue that they were never a corporation or LLC. The defendants will then be estopped by the court from denying that they were part of a corporation.
Obviously this type of behavior is carried out for something illegal, since there is no reason why someone should trick other people into believing that they are part of a corporation when they are not. Generally this type of acts result in frauds committed by issuing non-existent stocks and who knows how many more bad things.
Organic Food Inc., a multinational company, relies on its media partner Radio Plus to regularly advertise its offers, sales, and new products. Radio Plus is invested in this relationship because it generates most of its revenue from advertising Organic Food's products. In this scenario, Radio Plus is Organic Food Inc.'s:_______.
A) stockholder.
B) workforce.
C) internal stakeholder.
D) external stakeholder.
Answer:
D) external stakeholder.
Explanation:
A stakeholder is an individual, a group of people, or an organization who can affect or be affected positively or negatively by your project.
Internal stakeholders are entities within a business (e.g., employees, managers, the board of directors, investors). External stakeholders are entities not within a business itself but who care about or are affected by its performance (e.g., consumers, regulators, investors, suppliers).
Whenever Jane is successful she takes full credit for what has happened, but whenever she is unsuccessful she attributes her failure to bad luck or blames one of her fellow employees. She is guilty of:________. .A) fundamental attribution errorB) attribution biasC) the halo effectD) distinctivenessE) self-serving bias
Answer:
E) self-serving bias
Explanation:
Self-serving bias is a type of cognitive bias in which an individual tends to attribute positive and favorable outcomes as consequences of their own action or quality, while they tend to absolve themselves if the case of any negative outcome or events that are not favorable, hence, they attribute such to the action of others or external forces. People who exhibit this cognitive bias, usually do so to boost their confidence or enhance their self-esteem.
Answer: Self serving bias.
Explanation:
Jane has a self serving bias, therefore this make her always want to blame her failures on any other factor except herself. An individual with a self serving bias finds it very easy to claim that they are responsible for their success, and easy to blame failures and setbacks they experience on external factors.
Suppose the federal government operates under a budgetary deficit this year equal to $200B. Which of the following spending and tax revenue combinations would be consistent with this state of fiscal finance?
Answer: Spending = $ 450B and tax revenue = $ 250 B
Explanation:
A budget deficit occurs when expenses surpasses the revenue and indicate the financial health of a country. The government generally uses the term budget deficit when referring to spending rather than businesses or individuals.
Luke and Mia are selling their home. They listed their house three months ago at an extremely high selling price, a price they randomly chose. They do not want to reduce the price to reflect what the marketplace shows their home is really worth. Luke and Mia are participants in _____ bias.
Answer:
anchoring and adjustment
Explanation:
Luke and Mia have determined a selling price based on the overall market review. The price they set was randomly selected by them and they do not want to reduce the price. In that regard, Mia and Luke have participants in Anchoring and adjustment. It is a phenomenon or an initial idea that helps to determine the starting point of a commodity.
What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket contains the six winning numbers chosen from the set {1, 2, 3,…, 50} and the purchaser wins nothing otherwise?
We expect to lose $0.37 per lottery ticket
Explanation:
six winning numbers from = { 1, 2, 3, ....., 50}
So, the probability of winning:
[tex]P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}[/tex]
[tex]P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}[/tex]
The probability of losing would be:
P(loss) = 1 - P(win)
[tex]P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}[/tex]
According to the question,
When we win, then we gain $10 million and lose the cost of the lottery ticket.
So,
$10,000,000 - 1 = $9,999,999
When we lose, then we lose the cost of the lottery ticket = $1
The expected value is the sum of the product of each possibility x with its probability P(x):
E(x) = ∑ xP(x)
[tex]= 9,999,999 X \frac{1}{15,890,700} + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37[/tex]
Thus, we expect to lose $0.37 per lottery ticket
The expected value when buying a $1 lottery ticket that offers a $10 million prize if the ticket contains the six winning numbers chosen from the set {1, 2, 3,..., 50} and nothing otherwise is $0.63.
Explanation:The expected value when buying a $1 lottery ticket that offers a $10 million prize if the ticket contains the six winning numbers chosen from the set {1, 2, 3,..., 50} and nothing otherwise can be calculated.
To find the expected value, we multiply the probability of winning ($10 million) by the probability of losing (zero). Since there is only one winning combination out of a total of 50 choose 6 combinations, the probability of winning is 1/15,890,700. The probability of losing is 1 - 1/15,890,700 = 15,890,699/15,890,700. Therefore, the expected value can be calculated as:Expected Value = ($10 million) * (1/15,890,700) + (0) * (15,890,699/15,890,700)
Simplifying this expression gives:Expected Value = $0.63
Therefore, the expected value when buying this $1 lottery ticket is $0.63.
In their chief role of _________, operations managers exert considerable influence over the degree to which the goals and objectives of the organization are realized.
In their chief role of decision maker or planner, operations managers exert considerable influence over the degree to which the goals and objectives of the organization are realized.
Explanation:
Planned decision making is one of the most vital managerial process. The steps involved in framing preparation of decision establishing are as follows,
Exploring the decision situationDetermining the value of the decisionIdentifying and confirming stakeholdersConsidering connected decisionsThe steps included in defining success of the decision making are,
Identifying guiding requirementsConsidering criteria categoriesScreening the criteriaPrioritizing the criteriaThe following are the final steps of decision making process,
Planning data gatheringMapping the issues or concerns that are to relevant decisionsManaging the framingPlanned decision making is the crucial process in every business entity. This helps in the forward movement of the business.
Operations managers play a critical role in planning and controlling operations, thereby substantially influencing the organization's ability to meet its objectives. Their decisions on production targets, resource allocation, and quality control have a direct impact on the company's success.
Explanation:In their chief role of planning and controlling operations, operations managers exert substantial influence over the degree to which the goals and objectives of the organization are realized. As operating managers, they are directly responsible for managing and coordinating all production or service provision activities. They set objectives, ensure quality standards, monitor productivity, and track the efficiency of operations. Their decisions significantly impact the organization's ability to achieve its goals.
For instance, an operations manager in a manufacturing company sets production targets, plans resources, manages inventory, ensures adherence to quality norms, and handles any issues that may arise in the production process. These decisions directly influence the company's ability to meet its production objectives and, in turn, its profitability.
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Summerton high school has three open positions for teachers. the school's hr personnel review résumés to identify the candidates who meet the school's minimum requirements. next, potential candidates are then invited for interviews. after this, interviewers discuss the results with hr personnel and select a short list of candidates, who then appear before a panel of teachers and hr personnel for the final interview. summerton's new teachers are then selected from among these finalists. which of the following terms describes summerton's method of selection? a) multiple-hurdle b) model nondirective c) model leadership d) model compensatory e) model behavior f) description model
Answer:
multiple-hurdle
Explanation:
Multiple-hurdle model of selection is a personnel selection model in which applicants for a job are required to pass through a series of selection processes before they are selected. The number of applicants is therefore reduced at each “hurdle.”
Hence if Summerton high school's hr personnel
1. review résumés to identify the candidates who meet the school's minimum requirements; next,
2. potential candidates are then invited for interviews. after this,
3. interviewers discuss the results with hr personnel and select a short list of candidates, who then appear before a panel of teachers and
4. hr personnel for the final interview. summerton's new teachers are then selected from among these finalists.
The school is definitely practicing a multi hurdle selection process
An organization has recently suffered a series of security breaches that have significantly damaged its reputation. Several successful attacks have resulted in compromised customer database files accessible via one of the company's web servers. Additionally, an employee had access to secret data from previous job assignments. This employee made copies of the data and sold it to competitors. The organization has hired a security consultant to help them reduce their risk from future attacks.
What would the consultant use to identify potential attackers?
A. Asset valuation
B. Threat modeling
C. Vulnerability analysis
D. Access review and audit
Answer:
B.
Explanation:
Threat Modeling is the process of identifying and optimizing network security. This practice helps to find the possible threats to confidential information.
Threat Modeling is used to protect the systems. In this practice, the consultant identifies the enterprise's assets and analyze the work of all applications. Then it sets the security profile on all applications and documenting adverse effects of it.
In the given scenario, the consultant will use the tool or technique of threat modeling to identify the potential attackers.
So, the correct answer is option B.
To identify potential attackers after a series of security breaches, the most effective method is using threat modeling. This approach involves understanding the adversaries, their goals, and tactics, allowing an organization to tailor defensive measures against specific threats. It's key in establishing effective security protocols and preventing future incidents.
Explanation:When an organization suffers from security breaches, identifying potential attackers is crucial to safeguarding against future incidents. The best tool to use for identifying potential attackers is threat modeling. This process involves understanding who the adversaries are, their resources and capabilities, and the strategies and tactics they employ to carry out attacks. By analyzing who is likely to attack, why they might attack, and how they might carry out these attacks, organizations can better protect their sensitive data and systems.
Threat modeling considers various surveillance risks, starting with identifying the adversary. This approach is strategic because it allows for tailored defensive measures based on the specific threats an organization faces. Whether the threat comes from a competitor, a hacker, or another entity, understanding the adversary's possible methods and motives is a critical step in establishing effective security protocols.
By focusing on the adversary, organizations can employ protective behaviors and technologies that directly counteract the identified risks. In the context of the scenario provided, threat modeling would help the organization analyze the recent breaches, understand the methods used by the attackers, and implement stronger security measures to prevent similar incidents in the future.
If you manage a 200-room hotel, and only sell 150 rooms tonight, you can't stockpile the extra 50 rooms to sell tomorrow. This is a problem with the ________ of services.
Answer: Perishability
Explanation: Perishability of services implies that service capacity cannot be stored, saved, returned, or resold once rendered to a customer and perishability can affect company performance as balancing supply and demand is very difficult.Perishability is the services that cannot be stored, saved, returned, or resold once they have been used. Furthermore, once the service is rendered to a customer, the service is completely consumed and cannot be delivered to another customer.
Belle, a nongovernmental not for profit organization, received funds during its annual campaign that were specifically pledged by the donor to another nongovernmental not for profit health organization. How should Belle record these funds
Answer: First, we will add the options:
A. Increase in assets and increase in liabilities.
B. Increase in assets and increase in revenue.
C. Increase in assets and increase in deferred revenue.
D. Decrease in assets and decrease in fund balance.
Correct option is A.
Explanation: This is because Belle is acting as an intermediary in this scenario, therefore it the donation will initially be recorded as an asset, because it is a plus for the company.
However, we must not forget what the purpose of this donation is for, which is meant to be given to a nongovernmental not for profit health organization.
Therefore be this would also be recorded as a liability because Belle is owing the not for profit health organization.
A logical data flow diagram: does not include any primitive processes. is a model of how the business operates. includes types of programs, such as online or batch. is a model of how the system will be implemented.
Answer:
Is a model of how the system operates
Explanation:
A logical data flow diagram focuses on the business and how the business operates. It describes the business events that take place and the data required and produced by each event.
A logical data flow diagram is a tool used in system analysis and design. It models how a business operates by providing a high-level view of the overall system and its business processes, rather than specifying details about how the processes are carried out or the types of programs used.
Explanation:A logical data flow diagram is a tool that is commonly used in systems analysis and design. In contrast to physical data flow diagrams (DFDs), a logical data flow diagram primarily focuses on the system’s business processes. It does not include detailed information such as any primitive processes or types of programs like online or batch. Instead, a logical DFD models how a business operates, rather than how the system will be implemented.
Thus, logical data flow diagrams focus on the business and what its procedures are. They provide a bird's eye view of the overall system before going into the system's minor details. However, they do not specify details about how the processes are carried out;
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