as a result of the bretton woods system, if a country developed a permanent deficit in balance of trade that could not be corrected by domestic policy, who could step in to agree to currency devaluation? multiple choice question.
As a result of the Bretton Woods system, the International Monetary Fund will consent to a currency devaluation if a nation experiences a persistent trade balance imbalance that cannot be resolved by domestic policy.
The Bretton Woods System is a collection of coordinated laws and regulations that offered the foundation required to establish fixed foreign exchange rates. In essence, the agreement mandated that the newly established IMF set the fixed rate of exchange for all international currencies.
A significant contributing factor to Bretton Woods' failure was the country's inflationary monetary policy, which was inappropriate for the system's primary currency country. The Bretton Woods system was founded on regulations, the most significant of which was to adhere to fiscal and monetary practices that were in line with the official peg.
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at the beginning of the year, bryers incorporated reports inventory of $6,700. during the year, the company purchases additional inventory for $21,700. at the end of the year, the cost of inventory remaining is $8,700. calculate cost of goods sold for the year.
At the beginning of the year, bryers incorporated reports inventory of $6,700. during the year, the company purchases additional inventory for $21,700. at the end of the year, the cost of inventory remaining is $8,700. calculate cost of goods sold for the year is $19,700
It is calculated as :
Cost of goods sold = Opening inventory + purchases - closing inventory
= $6700+ $21,700 - $8,700
=$19,700
Opening inventory is the inventory in the beginning of the year.
Closing inventory is known as inventory which remains unsold.
Cost of goods sold is the directly attributable cost of the creation of the product.
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10) suppose an investor deposits $5,000 in an interest-bearing account at her local bank. the account pays 2.5% (annual) with interest compounded monthly. if the investor plans on withdrawing the original principal plus accumulated interest at the end of ten years, what is the total amount that she should expect to receive assuming interest rates do not change?
The total amount that she should expect to receive assuming interest rates do not change is $6,418.20.
$5,000 is the first investment (PV). The interest rate is equal to 0.025/12, or 0.002083. Periods (n) = 10 * 12 = 120 months.
The following formula must be used to determine the future value (FV):
FV= PV*(1 + i)^n = 5,000*(1.002083^120) = $6,418.20.
An interest rate is an amount of interest that is payable each period stated as a percentage of the amount that was lent, deposited, or borrowed. The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed.
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Raheem is currently working as a financial analyst earning $75,000 a year and is considering quitting his current job to start an art gallery. The estimated annual revenue from the art gallery is $175,000. The annual cost of labor, advertising, and acquiring the art inventory is $125,000. What are raheem’s accounting and economic profits if he opens the art gallery?.
Raheem's accounting profit is $50,000 and his economic profit is $-25,000.
What is the accounting and economic profit?
Accounting profit is the difference between the revenue earned from a business and the explicit cost incurred in running the business. Explicit cost includes the amount expended in running the business.
Accounting profit= total revenue - explicit cost
Accounting profit = $175,000 - $125,000 = $50,000
Economic profit is the difference between accounting profit and implicit cost. Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Economic profit = accounting profit - implicit cost
Economic profit = $50,000 - $75,000
Economic profit = -$25,000
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as a given job is restructured to reduce autonomy, decrease pay, and simplify the required skillset, it will typically see
Giving employees the autonomy to work in a way that suits them at work entails allowing them to choose their own speed, order, and degree of control over job responsibilities, as well as the flexibility to choose when and where they work.
What is autonomy to work?Giving employees the freedom to work how they choose is what is meant by workplace autonomy. Employees that have autonomy at work are free to choose how and when to complete their tasks. Depending on your business, workplace autonomy will take on a distinct appearance.
An organization's workforce will be more adaptable, more motivated, and more productive if it allows employees the freedom to select the best working arrangement for them and supports them with the appropriate guidelines, training, and resources.
Self-determination theory (SDT), which was created in the 1970s by psychologists Richard Ryan and Edward Deci, includes autonomous motivation.
In a nutshell, SDT is predicated on the notion that intrinsic motivation—as opposed to extrinsic rewards—is the greatest way for people to be driven to complete activities.
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what is the chief advantage of using each of the following contact methods: mail questionnaire, telephone interview, and personal interview?
The chief advantage of the following contact methods are listed below.
(a) Personal Interviews - Highest response rate.
(b) Mailing Questionnaire - Least expensive. and helpful only method to reach remote areas.
(c) Telephones - Relatively less influence on respondents.
Contact method
Contact methods defines the way of interviewer communicates with the respondent.
Given,
Here we need to find the chief advantage of using each of the following contact methods:
1) mail questionnaire,
2) telephone interview, and
3) personal interview
While we looking into the given question, the chief advantage of each contact method mentioned is
(1) mail questionnaire - best way to reach people who would not give personal interviews or whose responses might be biased or distorted by the interviews,
(2) telephone interviews - best method for gathering information quickly and the interviewer is also able to clarify questions if respondents do not understand them, and
(3) personal interview - most versatile method because they can ask more questions and record additional observations about the respondent.
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which reports highlight situations occurring outside of the normal operating range for a condition or standard?
Internal summaries of reports draw attention to instances that go beyond the parameters of a condition or standard.
At regular periods, a highlight report is utilized to give important stakeholders a summary of the initiative's status. The report can then be used to track the development of the initiative and alert the Board of any specific problems or issues via the project manager. Since the project board is aware of the tolerances established with the project manager in the stage plan and can manage by exception between each stage's end, the highlight report should provide the most recent information on the status of the time, cost, quality, scope, benefits, and risk tolerances.
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a company's interest expense is $11,000. its income before interest expense and income taxes is $52,250. its net income is $17,250. the company's times interest earned ratio equals: multiple choice 3.03. 4.75. 0.211. 0.33. 0.64.
The company's times interest earned ratio equals 4.75.
Times interest earned ratio = Income before interest expense and income taxes / Interest expense = 52,250 / 11,000 = 4.75.
A company's ability to continuously pay off its debt is measured by the Times Interest Earned (TIE) ratio. This ratio is calculated by dividing a company's EBIT by its recurrent interest expense.
The ratio is the theoretical frequency with which a company would have to make periodic interest payments if it applied 100% of its EBIT to debt repayment.
The TIE's primary goal is to calculate a company's default risk. As a result, it is simpler to determine crucial debt features, such as the appropriate interest rate to use or the maximum amount of debt a company may take on before going bankrupt.
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1. do you believe the rapid economic development of poorer countries helps or hurts the environment? why?
The environment is severely damaged by rapid economic development. Economic development is the production of new jobs and a rise in a country's economic productivity.
What is Economic development?Economic development is the process through which a country, region, local community, or an individual's economic well-being and quality of life are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector. Although the concept has been around in the West for far longer, the phrase has become more popular in the 20th and 21st centuries. Other phrases frequently used while addressing economic growth include "Westernization," "industrialization," and "modernization." Economic development plans have historically prioritized industrialization and infrastructural development; however, since the 1960s, the emphasis has shifted to poverty alleviation. Economists are primarily concerned with the economy's growth, whereas community economic development experts are also interested in socioeconomic development.
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at the beginning of 2024, angel corporation began offering a 1-year warranty on its products. the warranty program was expected to cost angel 3% of net sales. net sales made under warranty in 2024 were $200 million. five percent of the units sold were returned in 2024 and repaired or replaced at a cost of $4.6 million. the amount of warranty expense in angel's 2024 income statement is:
The amount of warranty expense in angel's 2024 income declaration is equal to $136 million.
What is a assurance expense?Warranty cost is an price related to the repair, replacement, or compensation to a person for any product defects. In other words, a supplier or manufacturer is dedicated to repair or exchange a bought product all through a sure time length if it breaks or does no longer characteristic correct according to the phrases of the warranty.
When Should assurance price be recorded?Therefore, a company should file in the duration of the sale the estimated value of repairing or replacing the product throughout the guarantee period. That expected value is recorded as a legal responsibility on its balance sheet and as an rate on its income statement.
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https://brainly.com/question/15415456#SPJ4for a business to be successful in the early growth stage of the organizational life cycle, the two important things that must happen are .
For a business to be successful in the early growth stage of the organizational life cycle, the two important things that must happen are .
the founder or owner of the business must start transitioning from his or her role as the hands-on supervisor to a more managerial role.Increased formalization must take placeWhat is the growth stage of the organizational life cycle?The can be described as the stage in the business process which requires good management with alot of supervision.
It should be noted that this stage can determine the success of the business because once the business fails at this stage there is usually alot of loss that will follow.
Therefore, at this stage the owner of the business must be up and doing.
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the amount of uncollectible accounts at the end of the year is estimated to be $31,500, using the aging of accounts receivable method. the balance in the allowance of doubtful accounts account is an $10,600 credit before adjustment. what is the adjusted balance of the allowance for doubtful accounts at the end of the year? multiple choice $42,100 $10,600 $31,500 $20,900
The adjusted balance of the allowance for doubtful accounts at the end of the year is $20,900.
What do accounts serve as a means for?The goal of accounting is to gather and present financial data regarding a company's operations, finances, and cash flows. After that, decisions are made based on this information regarding how to run the business, make investments in it, or give credit to it.
Why are accounting records crucial to a business?Accounting is essential to running a business because it makes it easier to keep track of income and expenses, ensures legal compliance, and gives investors, management, and the government access to quantitative financial data that can be used to make decisions.
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a disadvantage of the corporate form of ownership is when profits are taxed at the corporate rate and at the individual rate and this is referred to as .
Double taxation, which occurs when profits are taxed at both the corporate and individual rates, is a drawback of the corporate form of ownership.
What is corporate form? By setting up a company in corporate form, a firm can operate independently of its owners. And in many states, a corporation with a corporate form of business may be run by one or more people.The double taxation of distribution revenues and dividends to shareholders is the main drawback of the corporation form. Limited liability, ease of transferability, the capacity to raise capital, limitless life, and other benefits are just a few.This article is for business owners who are attempting to decide on their corporate structure and whether it is advantageous for them to do so.To learn more about corporate form refer to:
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what term refers to an intense improvement process in which a team uses all its resources over a short period of time?
Kaizen is a term refers to an intense improvement process in which a team uses all its resources over a short period of time.
Kaizen. "concept of continuous improvement" Implies little, insignificant adjustments over time that add up to a better process in general. an aggressive and speedy improvement process in which a team or department devotes all of its resources on a short-term improvement project
Kaizen (Continuous Improvement) is a business technique in which personnel at all levels collaborate proactively to produce frequent, incremental improvements to the production process. There are five Fundamental KAIZENTM Principles that are integrated in every KAIZENTM tool and behavior. Know your customer, Let it Flow, Go to Gemba, Empower People, and Be Transparent are the five principles.
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if the one-year forward rate for the euro is $1.07, while the current spot rate is $1.05, the expected percentage change in the euro is percent. a. 1.90 b. 2.00 c. -1.87 d. none of these are correct.
The expected percentage change in the euro is percent, (a)1.90.
How is the current spot rate determined?The price quoted for immediate settlement on an interest rate, commodity, security, or currency is known as the spot rate. The current market value of an asset that is available for immediate delivery at the time of the quote is known as the spot rate, commonly referred to as the "spot price."
The current market rate for exchanging one currency for another is known as the spot exchange rate. Typically, the currency market determines the spot rate. The discount rate needed to bring a zero-coupon bond's present value (PV) down to its price is used to determine the spot rate.
Decrease = Original - New
Decrease = $1.07 - $1.05 = $0.02.
percentage change = Decrease/original × 100
percentage change = 0.02/1.07 × 100
percentage change = 2/1.07
percentage change = 1.8691588785
percentage change = 1.90%
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asset retirement obligations: multiple choice are liabilities associated with the restoration of a long-term asset. increase the balance in the related asset account. are measured at fair value in the balance sheet. all of these answer choices are correct.
All of these answer choices are correct.
Asset retirement obligations (AROs) are contractual requirements for the eventual removal of machinery or the cleanup of hazardous materials from a leased location when tangible, long-lived assets are retired.
Asset Retirement Obligations (ARO) are frequently linked to sectors like mining, nuclear energy, oil and gas, and waste management. Examples specific to the oil and gas sector include plugging and abandoning oil wells and removing underground storage tanks.
Obligations related to asset retirement are initially recorded at fair value in the period in which they are incurred, provided that it is reasonably possible to estimate the size of the liability.
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andrew is choosing between four loans. loan p has a nominal rate of 10.393%, compounded daily. loan q has a nominal rate of 10.516%, compounded weekly. loan r has a nominal rate of 10.676%, compounded monthly. loan s has a nominal rate of 10.755%, compounded annually. which loan will give andrew the best effective interest rate?
Andrew will choose loan s - which have a nominal rate of 10.755%, compounded annually.
What is a loan?The term loan refers to a type of credit instrument in which an amount of money is lent to another party in exchange for future repayments of value or principal. Lenders often add interest or financing costs to the principal, which the borrower must repay in addition to the principal balance.A loan is a provision of money to another party in exchange for repayment of the loan amount plus interest.A lender considers a potential borrower's income, creditworthiness, and debt level before deciding to provide a loan.Loans may be secured by collateral, such as a mortgage, or unsecured, such as a credit card, gold, and property. A revolving loan or line can be issued, repaid, and reissued, while a term loan is a fixed interest rate loan with a fixed interest rate.loans are available as a one-time amount specified or as a permanent line of credit up to a specified limit. Loans come in many forms, such as: secured loans, unsecured loans, commercial loans, and personal loans.to know more about loan treatment refer to:
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nicole's employer, poe corporation, provides her with an automobile allowance of $20,000 every other year. her marginal tax rate is 32 percent. answer the following questions relating to this fringe benefit. required: what is nicole's after-tax benefit if she receives the allowance this year? what is poe's after-tax cost of providing the auto allowance?
The Nicole's after-tax benefit if she receives the allowance this year $13,600.
What is tax?The term tax refers to the government charge the extra money for goods and services. The tax is also called as financial charge. The amount of tax are collect to government account as spent on public welfare. The public pay tax is compulsory. There are two types of tax, such as direct tax and indirect tax.
According to the tax are the based on the applicable to the company.
The tax rate applicable to the company is 32%.
After-tax cost of Poe Corporation = Allowance provided to Nicole*(1 – Tax)
= $20,000*(1 – 0.32)
= $13,600
As a result, the Nicole's after-tax benefit if she receives the allowance this year $13,600.
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which of the following statements does not accurately reflect the relationship between securities and synthetic forward contracts?
The link between stocks and synthesized forward contracts is not correctly reflected by the formula prepaid ahead = forward - zero coupon bond.
Defining "bond,"A bond is a borrower's guarantee to pay a borrower their principal amount plus, typically, interest on a loan .Businesses, regional and community governments, and governments all issue bonds.
How do bonds function?I bonds start earning interest on the first of the month after you purchase them. Every six months, we add the bond's interest earnings to its principal value, which is done twice a year. The bond now has an added features (old value plus interest received).
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one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: a. 19,600 pounds b. 20,400 pounds c. 18,600 pounds d. 18,400 pounds
Setting goals for sales, production, and expenses for a future period is part of the budgeting process. A typical operational's master budget consists of several smaller sub budgets.
Due to the production aspect of the operations, a manufacturing budget typically includes multiple sub budgets and is typically more detailed than a retail budget. The company's sales budget or the budget for the units it anticipates selling each month or quarter drives all budgets. To ensure a smooth production process, the company can use this budget to determine the desired beginning and ending inventories.
What is budgeting, exactly?
The process of devising a strategy for spending your money is called budgeting. A budget is the name given to this spending plan. By developing this spending plan, you can anticipate whether you will have sufficient funds to carry out the things you need to do or would like to do. Simply balancing your income and expenses is the essence of budgeting.
Which three kinds of budgeting are there?
Surplus Budget, Balanced Budget, and Deficit Budget are the three types of annual estimates-based government budgets.
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What is the term applied to the excess of net sales over the cost of goods sold?.
Answer:
Explanation:
Excess of sales over cost of goods sold in an accounting period is termed as Gross Profit.
paola purchased an office building on january 5, 2020, for $450,000. $30,000 of the price was for the land. on september 25, 2021, he sold the office building. what is the cost recovery deduction for 2021 rounded to the nearest dollar
The cost recovery deduction is $10768.80
The amount of a deduction permitted for tax purposes due to the use of assets in operational activities or used to generate income is known as a cost recovery deduction. A cost recovery method is a depreciation, depletion, or amortization.
The cost recovery deduction for 2015 is $10,768.80.
The office building is a non-residential property, and thus the recovery period is 39 years. Further, the cost recovery rate for the property having a recovery period of 39 years is 2.564%.
Calculating the cost recovery deduction:
Cost recovery deduction = (Purchase price - cost)*Cost recovery deduction
= (450000-30000)*2.564%
= $10768.80
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comparing amounts selected from the payroll account analysis for payroll accruals to supporting documentation would provide evidence primarily for which assertion?
Existence would be shown by comparing amounts chosen from the payroll account analysis for payroll accruals to supporting documentation. The accounting function examines the reconciliation of employee perks including gratuities and superannuation plans.
The accounting function known as payroll accounting oversees the administration, documentation, calculation, and analysis of employee remuneration. Along with determining the employee salaries, they also work on calculating taxes and benefits.
When a corporation records the compensation of its employees, including their gross wages, salaries, bonuses, commissions, and other earnings, payroll taxes, such as federal income taxes, are withheld.
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If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year?.
The company's margin will reach 15 percent this year if the company pursues the investment opportunity. It can be calculated by dividing net operating income with sales.
Marginal cost generally can be defined as the value to provide one additional unit of manufacturing. Marginal cost also can be defined as a crucial idea in price accounting as marginal value helps decide the maximum green stage of manufacturing for a production process. Marginal cost can be calculated by determining what prices are incurred if best one extra unit is manufactured and also what costs are incurred if one extra unit is best.
The margin will be:
Current sales revenue is $1,600,000
Additional sales revenue is $520,000
Total sales revenue is $2,120,000
Net Operating income is $240,000
To find the amount of margin we use this formula:
Margin = Net operating income/sales
Margin = $240,000/$1,600,000
Margin = 0.15
Margin = 15%
Hence, the company's margin will earn 15% in this year.
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suppose college graduates earn $25 an hour and high school graduates earn $15 an hour. suppose too that the marginal product of college graduates at johnson tools is five hammers per hour, while the marginal product of high school graduates is four hammers per hour (regardless of the number of each type of worker employed). what is the least- cost production method for producing 100 hammers in an eight-hour day? what if the marginal product of high school graduates was instead two hammers per hour? what is the critical difference in productivity (in percentage terms) at which the type of worker hired changes?
The marginal product of high school graduates was instead two hammers per hour is 100
For least-cost production, the ratio of the marginal product should be equal to its earnings.
Marginal ProductRatio =5/4
Earnings ratio = 25/15 = 5/3
The production of hammers will increasingly be done by high school pupils.
minimum 15x + 25 subject to
5x + 4y = 100
Marginal productivity or marginal product is the additional output, return, or profit produced per unit as a result of benefits from production inputs. A few examples of inputs are labor and raw materials. The total product value is divided by the difference in labor to determine the marginal product of labor.
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the apple ipod was readily accepted by consumers in part because it was an easy way to listen to music anywhere, with substantial improvements over portable cd players. this is an example of a relative
Customers quickly embraced the Apple iPod because it was a convenient method to listen to music anywhere and offered significant advancements over portable CD players. It is an example of relative advantage.
What is relative advantage?In terms of particular advantages or characteristics, relative advantage refers to the extent to which consumers perceive a new brand to be superior to current options. A new brand in a new product area may have a relative advantage, but this is not always the case when measured against objective criteria. The adoption rate of an innovation is positively connected with the relative benefit. It indicates that, assuming all other factors remain constant, the faster an innovation's relative benefits assimilate to existing products, the faster it will be adopted.
In general, a new brand has a relative advantage to the extent that it provides:
the promptness of rewardgreater efficiency compared to alternative choicestime and effort savingsTo know more about, relative advantage, visit :
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a marketer can stimulate problem recognition by group of answer choices creating a new ideal state or dissatisfaction with the actual state creating a new actual state or dissatisfaction with the ideal state increasing mao to process information about the new actual state decreasing mao so as to create dissatisfaction with the ideal state utilizing stimulation that will create clutter in the processing of information about the actual state
They can stimulate problem recognition earlier by eliciting dissatisfaction with the actual state or by. creating a new ideal state.
An ideal is a principle or value that one actively pursues as a goal, typically in the context of ethics, and how important you rank your ideals might tell you how committed you are to each one. Moral idealism is the term for the idealistic mindset. People who don't conform to our society's standards of beauty are examples of what you view as the best potential examples of whatever it is that you are idealizing. An alternative word for example is pattern More ideal's opposites. Encouragement of growth or a general cause of activity is stimulate. "The press stimulates political dialogue," for instance. Whatever its actual impact on the senses, a fascinating or enjoyable activity might be referred to as "stimulate".
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which of the following is an example of a long-run fixed cost? group of answer choices none of these are examples; there are no fixed costs in the long run mortgage payments. payments for production inputs. hourly wage costs.
Payments for production inputs is an example of a long-run fixed cost. Costs known as fixed costs do not change as sales or production volumes rise or fall.
This is because they aren't directly involved in producing a good or providing a service. Fixed costs long-run are expenses that don't change based on volume. In contrast to the quantity produced or sold by your company, fixed costs are typically determined by time. Salaries, utility costs, insurance, rent and lease costs, and loan repayments are a few examples of fixed costs. The phrase "fixed cost" describes a cost that does not change whether a company produces more or fewer things.
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if you open a pizza restaurant and assume that all potential customers have similar needs and wants, you are using a
Using a total market means opening a pizza restaurant and assuming that all potential customers will have similar needs and wants.
The complete revenue potential for a good or service, also known as the total market or total available market (TAM), would be realized if 100% market share were attained. It assists in determining the amount of time and money that an individual or firm should invest in a new business restaurant venture.
Since the estimates of the time and money needed enable startups and established businesses to prioritize particular products, customer total market segments, and business opportunities, the concept of total addressable market is crucial for both groups of companies. Company executives can use TAM to present a compelling value proposition restaurant where there are possible investors and purchasers of the business.
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contectualization evaluate the extent to which economic developments from 1450-1750 affected social strcuture over time
From 1450 to 1750, economic systems based on triangular trade had an impact on social structures by establishing New World European social hierarchical systems in both British and Spanish colonies.
Traditional peasant agriculture evolved and transformed, plantations developed, and labor demand grew. These changes both fueled and responded to the rising global demand for raw materials and finished goods.
On a local level, resistance to state growth and centralization came from a variety of social, political, and economic organizations. Slave revolt posed a threat to established authority in the Americas.
Capitalism has a wide range of effects on meso-level social structure. Labor market competition pushes employees to relocate to places with more employment options and higher-paying jobs. As a result, capitalist countries frequently suffer significant rates of migration and urbanization.
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