The tendency of the media to make coverage and programming decisions based on what will attract a large audience and maximize profits is known as ______.

Answers

Answer 1

The answer is Commercial bias.

Commercial bias is the tendency of the media to prioritize content and programming that will bring in the most viewers and generate the highest profits. This bias is often seen in news outlets that prioritize stories that are likely to attract the most attention, or in television networks that focus on programming that will generate the most ad revenue.

This bias can lead to a lack of balanced news coverage and a narrowing of the types of programming available to viewers. It can also limit the diversity of perspectives presented, as the focus is on what will bring in the most viewers. Ultimately, commercial bias can create an environment where media outlets are driven more by profit than by providing a balanced and diverse range of content.

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Related Questions

Why is it important to prioritize expenses?

Answers

You may take care of fundamental needs, safeguard your credit, and lessen your financial stress by ranking your invoices and spending in order of importance.

What causes conflict over money?

Financial stress is the term used to describe emotional tension that is mostly related to money. Anyone can experience financial stress, but low-income households may experience it more frequently than others. 2 Stress might result from not being able to pay for necessities like rent, bills, and groceries.

How does financial stress feel?

Your sleeping, self-esteem, your energy levels may suffer if you feel defeated by money problems. It can intensify pain and mood fluctuations, leaving you feeling furious, ashamed, or afraid, lead to tension and disagreements with those close to you, and even raise your chance of developing melancholy and anxiety.

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what are the three reporting agencies that provide free credit reports to consumers?

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Equifax, TransUnion, and Experian are the three credit reporting organizations that offer free credit reports to consumers.

What purposes do credit card reports serve?

A lender's decision to grant you credit or approve a loan is influenced by your credit report. Additionally, the reports influence the interest rate they will impose on you. Renters, insurers, and employers may also check your credit report. When a lender or employer checks your credit, you won't know which credit report is being used.

Information for your credit reports is gathered and kept up to date by credit reporting agencies (CRAs). Since each CRA keeps its own records, it's possible that some of your accounts may not be covered by their records. No organization is more significant than the others, notwithstanding discrepancies in their reports. Moreover, each agency's information

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Iris Rosales is an unmarried college student age 21, and is claimed as a dependent on her married parents' tax return. What is the maximum number of personal exemptions Iris can legally claim on her own tax return

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Zero is the maximum number of personal exemptions Iris can legally claim on her own tax return ,

Individuals may file an amended tax return (Form 1040X) within three (3) years of the original return's filing date or within two (2) years of the date the tax was paid, whichever is later. An original return filed early is considered filed on the return's due date.

Funeral or burial expenses, nonprescription drugs, toothpaste, toiletries, cosmetics, a trip or program for general health improvement, or most cosmetic surgery are not deductible. You cannot deduct money spent on nicotine gum or patches that do not require a prescription.

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The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing

Answers

Answer:

B. Customer needs, company goals, profits

Explanation:

You are managing a software project with limited development resources. The QA department has discovered a large number of defects in the product, and the project sponsor is very concerned about this. You want to get the maximum number of defects repaired with minimal effort. Which quality-control tool are you going to use before you direct the efforts of the project team to fix specific problems?

Answers

In this scenario, I would use a Pareto chart as the quality-control tool before directing the efforts of the project team to fix specific problems.

A Pareto chart is a graph that shows the relative frequency of defects in descending order, with the most frequent defects at the top. This allows you to quickly identify which defects are the most critical and need to be fixed first, as they are causing the most problems. By focusing on these high-priority defects first, you can get the maximum number of defects repaired with minimal effort.

Additionally, Pareto charts are relatively simple to create and understand, making it easy to communicate the results to the project sponsor and the rest of the team. This can help to build support and buy-in for the effort to fix the defects, which is important for getting the necessary resources and support to complete the work.

Overall, a Pareto chart is an effective quality-control tool to use in this scenario because it allows you to quickly identify the most critical defects and focus on fixing them first, maximizing the number of defects repaired with minimal effort. It also helps to build support and buy-in for the effort.

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If Japan were regarded as the best electronics manufacturer in the world, what would be true?
a. The United States would have a comparative advantage in electronics.
b. Japan would have an absolute advantage in electronics production.
c. Japan would have a positive balance of trade.
d. Japan would have a comparative advantage in electronics manufacturing.
e. Japan would have a trade deficit with the United States.

Answers

Japan would have an absolute advantage in electronics production in the given case.

Hence, Option B is correct

Japan is an East Asian island nation. It is located in the northwest Pacific Ocean and is bordered by the Sea of Japan on the west. The Sea of Japan stretches from the Sea of Okhotsk in the north to the East China Sea, Philippine Sea, and Taiwan in the south approvals, field preparations required to carry out the procedure.

Japan is still one of the world's top 15 most innovative nations. With one of the highest per capita R&D expenditures and a large number of innovative companies, Japan is also home to the most innovative cluster in the world, Tokyo-Yokohama, which is ranked first overall for the second year in a row.

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When a shipper considers the trustworthiness of possible carriers, this would be what kind of criterion?
a. Performance criterion
b. Relational criterion
c. Stability and growth criterion
d. Irrelevant criterion
e. None of the above

Answers

This kind of criterion would be used by a shipper while evaluating the reliability of potential carriers.

Those that provide or send products for shipment, package, label, and arrange for transit, or organize the transfer of commodities are referred to as shippers. Supporters of romantic relationships between two actual or imaginary individuals are known as shipping (fans), typically online. shipper a supporter of romantic or sexual relationships between actual people or fictitious characters. The supplier or owner of the goods being sent is known as the shipper, who may be be an individual or business. also known as a consignor. A carrier is a person or business who transports persons or commodities on behalf of another person or business and is liable for any possible loss of the goods while in transit.

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Immersion in water or fire as a result of a crash happens in less than ______ of all crashes annually.

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In Florida or the United States as a whole, fewer than 1% of all car incidents result in fire or submersion in water. For people aged 4 to 33, the primary cause of death is cardiovascular disease.

What kind of car accident occurs most frequently?

The most frequent kind of collisions are rear-end collisions. The NHTSA claims that rear-end crashes take place when one vehicle hits the back of another vehicle, as the term implies.

How may an automobile accident be explained?

What details should I include in my account of my car accident? Don't guess on anything and stick to just giving the facts as you remember them, including what the other motorist was doing at the time of the impact.

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Which one of the following is not a reason a company decides to enter foreign markets?
A. To spread business risk across a wider geographic market base
B. To capitalize on company competencies and capabilities
C. To achieve lower costs and enhance the firm's competitiveness
D. To build the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market
E. To gain access to more buyers for the company's products/services

Answers

To spread business risk across a wider geographic market base is not a reason a company decides to enter foreign markets.

Why do businesses choose to enter a foreign market?

Increasing customer base, sales, and money are the three main reasons why businesses expand internationally. Your business gains access to customers who weren't previously on your radar by entering a new country. to take advantage of scale-related cost savings in product development, production, or marketing. Increase your turnover. Increasing your revenue and lowering your risks can both be accomplished by going global. Exporting, licensing, partnering, acquisition, and greenfield ventures are the most popular methods of entering international markets.

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What is the most important factor you usually consider when buying something?

Answers

The most important and first on this list is the profitable Factor. This bone is the main foundation of any purchasing decision. The reason is simple people can not buy what they can not go.

The need for a product also does not play a  part then, but affordability is the most important thing.   Price. Before you buy anything, take a good look at the cost. You might be considering buying a high-quality tinge or CBD product.

However, if that is the case, you are willing to spend a little further plutocrat to get what you know is a great item. A  client is girdled by four profitable factors when considering any purchase the product, the price, the creation and the deals channel.

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data were collected on the amount in dollars that individual customers by on dinner in an Italian restaurant

Answers

The value of P(pesto and alfredo) is, 0.35

The following information was gathered about the dollar amounts that various diners spent on Italian food.

Use the formula:

Now we are going to consider A and B be 2 events.

According to the aforementioned claim, client sauce orders have been recorded by Angelina's Italian Restaurant.

P(pesto) = 0.42

P(alfredo) = 0.86 and

P(pesto or alfredo) =0.93

We must locate the P. (pesto and alfredo).

Apply the provided formula in the equation bellow we get.

P(pesto or alfredo) = P(pesto)+P(alfredo)-P(pesto and alfredo)

Substitute the values we have as givens;

0.93 = 0.42+0.86-P(pesto and alfredo)

⇒0.93 = 1.28-P(pesto and alfredo)

So;

P(pesto and alfredo) = 1.28-0.93= 0.35

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The correct question would be a s bellow,

Angelina's Italian Restaurant has collected data about customer sauce orders. It calculated that P(pesto) = 0.42, P(alfredo) = 0.86, and P(pesto or alfredo) = 0.93. Determine the P(pesto and alfredo).

expert that helps you learn core concepts.
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When new customers are brought on board at PlastiPharm, they meet not only with the sales team, which is responsible for explaining the features of the products the company sells, but also with the engineering design team, which is responsible for making suggestions for materials and production methods. Additionally, customers do an initial on-site audit (walk through) of the facility where they get to know the people and facility well. Which of the following statements best describes how PlastiPharm and the customer benefit from getting to know each other well?
The customer benefits from PlastiPharm’s expertise on best products for their needs, and PlastiPharm benefits by influencing customer expectations and tailoring its inventory strategies.
PlastiPharm benefits from knowing its customers because it can then categorize them and more easily manage their products; the customer benefits from better management.
Both organizations benefit from knowing who to call in case problems arise or questions about future endeavors need to be asked.

Answers

For 350–400 customers, PlastiPharm creates personalized medical device bags. Bags that are eight inches to four feet long are in high demand from customers.

What reason best explains why PlastiPharm would pursue a lean journey?

350–400 customers can have personalized medical equipment bags made by PlastiPharm. The demand from consumers for bags, which are available in lengths of eight inches to four feet, is very good. Lean manufacturing techniques have been adopted by the company.

Why does PlastiPharm put in such a lot of work to make sure that its products adhere to both industry standards and consumer requirements? The company's long-term success and profitability are mostly attributed to its high-quality products.

Lean methodologies enable the business to be more adaptable, satisfy customer demands, and accomplish more with less resources. PlastiPharm's array of products is constantly expanding as a result of the addition of new customers with a variety of needs.

Therefore, the correct answer is option a) The customer benefits from PlastiPharm’s expertise on best products for their needs, and PlastiPharm benefits by influencing customer expectations and tailoring its inventory strategies.

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PlastiPharm creates customized medical device bags for 350400 clients. Customers have a high demand for bags that range in length from eight inches to four feet.

What is the best explanation for PlastiPharm's decision to go lean?

PlastiPharm can produce customized bags for medical equipment for 350–400 customers. The bags, which are available in lengths of eight inches to four feet, are in high demand.  The company's high-quality products are largely responsible for its long-term success and profitability.

The company is able to be more adaptable, meet the needs of its customers, and accomplish more with fewer resources thanks to lean methodologies. Due to the addition of new customers with a wide range of requirements, PlastiPharm's product line is constantly expanding. Therefore, option a is the correct response. Both PlastiPharm and the customer gain from PlastiPharm's knowledge of the best products for their needs and from PlastiPharm's ability to shape customer expectations and inventory strategies.

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3/4 of the children in a chool have blue eye the ret have brown eye. If 84 children have blue eye how many have brown eye?

Answers

Probability is a measure of how likely it is for a given event to take place.

How do you explain probability to students?

Simply put, probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution.

Three main categories of probability exist:

Probability in theory.

Scientific Probability.

Probability axiomatically.

A probability is a numerical representation of the likelihood or chance that a specific event will take place. Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities.

Probability is a measure of how likely it is for a given event to take place. The likelihood that the coin will land with the heads side up is measured using the probability concept when we toss it in the air.

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A measure of how likely an event is to occur is called probability. The mathematical discipline of probability is concerned with numerical descriptions of the likelihood of an event or proposition being true.

How should students be taught probability?

In simple terms, probability is the probability that something will take place. The likelihood or likelihood of multiple outcomes can be discussed when we do not yet know how an event will unfold. The study of events with a probability distribution is known as statistics.

There are three main types of probability:

Theoretical probability.

Probability in science.

Axiomatic probability.

A probability is a number that indicates the likelihood or chance that a particular event will occur. Probabilities can be described using proportions from 0 to 1 and percentages from 0% to 100%.

A measure of how likely an event is to occur is called probability. When we toss the coin into the air, we use the probability concept to determine the probability that it will land with its head facing up.

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A closed shop agreement, which is illegal today, is an extreme example of a(n) ________ that ensured all workers who benefited from the union paid union dues.

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An extreme example of a (n) union security clause that ensured that all workers who benefited from the union paid union dues is a closed shop agreement, which is currently illegal.

Which term refers to a security arrangement between unions?

Store closed. arrangement for union security that requires union membership before hiring; Against the National Labor Relations Act's provisions. Negotiating together.

What is the most straightforward form of union security?

the most basic form of union protection. A type of union in which employees are required to keep their union membership throughout their employment and that employers are only allowed to hire workers who are already members of a particular union.

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When the supply of workers is plentiful, one would predict that market wages would be a. low, other things equal. b. determined solely by factors that affect demand. c. determined outside the domain of economic theory. d. high, other things equal. N

Answers

When there is a plentiful supply of workers, one would expect market wages to be option a. low, all else being equal.

Which is the best option for someone who wants to pursue a career with a relatively high earning potential?

If someone is looking for a career with a relatively high earning potential, "a career with a relatively low supply and high demand for workers" is the best option. Because there is a limited supply of a specific job and a high demand for workers, competition can be fierce, resulting in relatively high earnings. Because of the high wages, supply wages tend to rise, and more workers enter the industry of that occupation.

The concept of labor demand is a topic that states that the amount of labor demand that an economy is willing to employ at a given point in time.According to the concept of labor supply, it is the number of workers willing to take a specific job.

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What are 3 major differences between credit unions and banks?

Answers

Credit unions, which are member-owned and cooperative organisations, offer a secure environment for saving and borrowing money at fair rates. Whereas bank, a business that deals with money and its alternatives as well as other financial services.

1. Ownership Structure: Credit unions are owned and operated by their members, while banks are owned by investors.

2. Profit Margins: Credit unions are not-for-profit organizations while banks are for-profit organizations.

3. Services Offered: Credit unions tend to offer fewer services than banks, such as fewer loan types and fewer investment options.

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In the sentence Our company will be hiring 50 new employees, the words will be hiring are a(n) ____.

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The words will be hiring are a(n) VERB PHRASE in the sentence Our organisation will be hiring 50 new staff.

A short adverb, such as also, never, or not, might attempt to squeak in between the components since a verb phrase may contain up to four words. Adverbs that are nestled within verb phrases are still adverbs and do not form a part of the verb. A verb, a primary verb following a modal, or one or more auxiliaries make up a verb phrase or verbal phrase. In a verb phrase, the main verb is always placed last.

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Which step of PDA, the decision-making process has a driver just taken when he/she determines what will probably happen in a driving situation

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When a driver decides what is likely to occur while driving, they have just completed the evaluate phase of the PDA decision-making process. It is crucial to comprehend how decisions are made.

People will have to make many decisions during their lives, and occasionally when they make decisions without taking many factors into account, the decision turns out to be poor. It may have an adverse effect on many things around and will not improve their life. Process for Making Decisions Step 1: Determine the reasoning for the choice. Gathering information is step two. Step 3: Standards for evaluating alternatives Step 4: Make a list of options and analyse them. Step 5: Reviewing your options Step 6: Pick the most advantageous option. Step 7: Carry out the choice

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Which one of the following is an immediate benefit of just in time (JIT) stock control?


Improved customer service
Higher market share
Improved availability of stock
Lower warehousing costs

Answers

Improved availability of stock would be your answer

JIT is getting a good deal just in time so having available stock applies to this.

Hope this helps have an excellent day!

Neoclassical economic theory strongly supports the role of government in promoting balanced growth. True False

Answers

The statement is False. Neoclassical economic theory do not strongly supports the role of government in promoting balanced growth.

Neoclassical economics is an expansive hypothesis that spotlights on market interest as the main thrusts behind the creation, valuing, and utilization of labor and products. It arose in around 1900 to contend with the previous speculations of traditional financial aspects.

Neoclassical economics theories speculations underlie cutting edge financial aspects, alongside the precepts of Keynesian financial aspects. Albeit the neoclassical methodology is the most generally shown hypothesis of financial matters, it has its doubters.

Government job ought to be tiny and uninvolved.

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True or False a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.

Answers

The given statement " A new restaurant owner, is determining which products to offer on his menu, and he is involved in the management function of planning" is True.

It is true because selecting products which to offer on his menu fall under the planning strategy.

Setting goals and choosing a course of action to reach those goals are both part of the management task of planning. The managerial function of organising entails creating an organisational structure and assigning human resources to guarantee that goals are achieved.

Planning determines how to run a firm efficiently. It includes selecting the appropriate individuals for necessary future tasks, allocating authority, supplying tools and raw materials, etc.

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You are a project manager for Johnson Keyboards, Inc. Your organization has adapted the PMBOK Guide as a standard tool for how projects should operate, and you are involved in shaping the standardization for all future projects. In light of this information, what is the recommended course of action for the processes and procedures in the PMBOK Guide

Answers

The recommended course of action is that the PMBOK guide is not required by all projects.

The Project Management Body of Knowledge (PMBOK), published by the Project Management Institute (PMI), is a book that lists accepted terms, best practices, and procedural rules for project management. Project management is the practice of starting, planning, carrying out, controlling, and wrapping up a team's work to accomplish specific goals and success standards.

It takes the application of information, skills, tools, and processes to project activities in order to meet the project's requirements. In the given case, the project manager for Johnson Keyboards, Inc must understand that not all processes and procedures in the PMBOK guide are required on all projects. Thus, further decisions on the project must be taken on this basis only.

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In November 2020, Ben and Betty (married, filing jointly) have a long-term capital gain of $54,000 on the sale of stock. They have no other capital gains and losses for the year. Their ordinary income for the year after the standard deduction is $72,500, making their total taxable income for the year $126,500 ($72,500 $54,000). What will be their 2020 total tax liability assuming a tax of $8,308 on the $72,500 of ordinary income

Answers

The value you receive when you sell or exchange a capital asset is typically equal to the asset's "basis" less your taxable capital gain.

What is the tax rate on capital gains?Assets kept for more than a year are subject to long-term capital gains tax. Depending on your income, you may be subject to long-term capital gains taxes at a rate of 0%, 15%, or 20%. Typically, these rates are significantly lower than the conventional income tax rate.Taxes on capital gains are only owed when an investment is sold. Only "capital assets"—stocks, bonds, digital assets like cryptocurrencies and NFTs, jewelry, coin collections, and real estate—are subject to capital gains taxes. Profits from investments held for longer than a year are subject to long-term gains tax.More In Support. If you sold your primary residence and realized a capital gain, you might be able to exclude up to $250,000 of that gain from your income.

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Cecily is a member of an LLC that's selling some property, and Cecily is the listing agent. What must she make sure to do

Answers

As the listing agent, Cecily must make sure to disclose all known material facts about the property to potential buyers.

This includes any defects or issues with the property, as well as any potential zoning changes or other factors that may impact the property's value. Cecily must also ensure that all required legal documents and disclosures are provided to buyers in a timely manner.

Additionally, Cecily must be honest and transparent in her communication with buyers and must avoid making any false or misleading statements about the property.

Cecily should also be aware of the state laws and regulations regarding property selling and make sure to comply with them.

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Vertical integration has served to increase the negotiating power of farmers and ranchers.

True
False

Answers

The given statement "Vertical integration has served to increase the negotiating power of farmers and ranchers." False because one firm controls numerous stages of the transaction. Option B

What is "Vertical integration"?

Generally, In business parlance, the term "vertical integration" refers to the practice of one firm owning various stages of the manufacturing and distribution of another company's good or service.

In the context of the agricultural industry, this would refer to a firm that controlled everything from the cultivation of seeds to their distribution via retail outlets.

This may lead to a concentration of power in the hands of a few major firms, which in turn can reduce the bargaining power of farmers and ranchers since there may be fewer customers for the items they produce.

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you decide to group employees based on the activities they do, and separate your online employees from your retail store employees. what basis for grouping employees will you use

Answers

The correct answer is Hierarchical Structure. Larger corporations and organisations frequently have hierarchical organisational structures.

Larger corporations and organisations frequently have hierarchical organisational structures. It depends on the organization's management levels being at various degrees of authority, connected via a chain of command. In most cases, official decision-making occurs from the top down. For instance, on a bigger scale, a forest is made up of cells that create leaves, branches that make up limbs, and lastly, individual trees. We take into account all levels of organisation, from individual cells to the composite forest, to comprehend a forest.

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Next
Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist

Answers

The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives  improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.

What is convertible bond?

An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.

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In which type of property management is a manager most likely to be involved in the enforcement of the building association's rules and regulations

Answers

Owners typically hire property managers to help them achieve their goals of earning a steady investment income while reducing the stress of day-to-day property management.

Property managers specialize in all operational aspects of a property, including managing security deposits and adhering to building safety standards.

A property manager is hired to manage the day-to-day operations of the property. This includes tasks such as collecting rent from tenants, setting market rents, finding and approving new tenants, reconciling leases, and tracking maintenance requests.

Each property has its own needs and the property manager's responsibilities are set out in the contract with the owner. Owners of multiple properties can look for a property management company to coordinate all operations and oversight.

Because property management involves complying with housing laws, some states require you to be licensed to manage properties as a real estate agent or licensed property manager. Property managers apply federal, state, and local requirements that address tenant screening, eviction, lease termination, and security deposit processing.

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Give the Three Types of plans and define each concisely?

Answers

There are 3 types of Business Plans :

1. Operational Planning

This kind of planning often outlines how the business is run on a daily basis. Operational plans are frequently referred to as ongoing or single-use plans. Plans for one-time events and activities are called single usage plans (such as a single marketing campaign). Ongoing plans comprise policies for tackling issues, rules for particular laws, and procedures for a step-by-step process for achieving specified goals.

2. Strategic Planning

A high-level perspective of the entire company is a component of strategic planning. It serves as the organization's fundamental framework and will guide long-term choices. The time frame for strategic planning can range from the subsequent two years to the following ten years. A strategic plan should include a vision, purpose, and values statement.

3. Tactical Planning

Strategic planning is aided by tactical planning. It outlines the organization's intended strategies and methods for achieving the goals set forth in the strategic plan. The scope usually has a time frame of less than a year and divides the strategic plan into manageable parts. Operational plans ask how the organisation will typically carry out something in order to achieve the organization's objective, whereas tactical plans ask specific questions about what has to happen in order to achieve a strategic goal.

James creates a trust to hold a piece of real estate he owns. He directs a corporate fiduciary to hold title to the real estate and provides instructions for the management, control, and disposition of the real estate upon his death. Given that the trust only holds real estate, James likely set up a(n) ______ trust.

Answers

James most likely set up a (n) the grantor trust, which solely holds real estate.

Who holds legal title when an estate is held in a trust?

Who is the legal owner of an estate when it is held in a trust? (In an estate in trust, the grantor (or trustor) transfers legal ownership to a fiduciary (the trustee), who holds and administers the estate for the benefit of another party (the beneficiary).

The trustee of a land trust must either renew the trust's term or sell the property when it expires.

The trustee must sell the property and provide the beneficiary the proceeds when the land trust period expires, or else it must be extended. It is possible to transfer a beneficiary interest in the property without.

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