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2 years ago

What does it mean to become a master adaptive learner and why is this important?

Business

1 answer:

zhannawk [14.2K]2 years ago

5 0

Answer:

Awnser below

Explanation:

The master adaptive learner model makes an important distinction between routine expertise—mastering performance to the extent that it becomes highly efficient and accurate, drawing on the specific knowledge and skills that an expert has learned over time—and adaptive expertise, which is based on the ideal that individuals will learn and innovate in response to practice challenges.

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Explain how the components of strategic thinking contribute to rational thinking.

snow_tiger [21]

Strategic thinking contributes to rational thinking because when you strategically think about different things you are strategizing components and it comes clear of what it is and then it becomes just common sense.

5 0

3 years ago

uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for

MakcuM [25]

Answer:C. $6,538

Explanation:

Cost Formulae = $530 + ($114 X No of Jobs) + ($16 X No. Of meals)

Budgeted Activity for October = 20 jobs , 233 Meals

The Catering Supplies in the flexible Budget would be for October becomes :

= $530 + ($114 X 20) + ($16 X 233)

= $530 + $2280 + $3,728

= $6,538

6 0

4 years ago

The economy of Baruchville contains 2000 $1 bills. 1. If people hold all money as currency, what is the quantity of money? 2. If

julia-pushkina [17]

Answer:

a) $2000

b) $2000

c) $2000

d) $20000

e) $11000

Explanation:

a) If people hold all money as currency:

Quantity of money = 2000 × $1 bills = $2000

b) If people hold all money as demand deposits and banks maintain 100% reserves:

Quantity of money = 2000 × $1 bills = $2000

c) If people hold equal amounts of currency and demand deposits and banks maintain 100% reserves

Since they are 2000 $1 bills and people hold equal amounts of currency and demand deposits and banks maintain 100% reserves, the 2000 $1 bills would be divided into two parts, one part for demand deposits and the other part for currency.

Therefore, demand deposits = 1000 × $1 bill = $1000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposits = $1000 + $1000 = $2000

d) If people hold all money as demand deposits and banks maintain a reserve ratio of 10%.

Reserve ratio (r) = 10% = 0.1

Since people hold all money as demand deposits:

Therefore, demand deposits = 2000 × $1 bill × 1/r = $2000 × 1/0.1 = $20000

Quantity of money = Demand deposits × 1/r = $2000 × 1/0.1 = $20000

e) . If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 10%

Reserve ratio (r) = 10% = 0.1

Therefore, demand deposits = 1000 × $1 bill × 1/r = $1000 × 1/0.1 = $10000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposit = $1000 + $10000 = $11000

6 0

4 years ago

Steven operates a landscaping service on the accrual method. In September of this year Steven received a payment of $18,000 for

aleksandr82 [10.1K]

Answer:

B: $1,500 is recognized this year, $ 9,000 next year and $ 7,500 in last year of contract.

Explanation:

Steven has adopted the accrual method in recording its revenue.

Accrual is an accounting concept which means expenses and revenues are recorded by a business when they are incurred not when cash is received or paid.

Accrual basis of accounting gives more accurate and true results as compare to cash basis accounting.

The payment received in September of $ 18,000 was the income for 24 months so it was wrong to record the whole amount as an income in September.

In the first year 2 months of income is recorded for November and December ($ 18,000÷24 = $750 per month) $750 × 2 = $1500.

In the second year 12 months revenue will be recognized ($750 per month × 12 = $ 9,000)

In the last year 10 month remained out of 24 months so the income recognized was ( $750 × 10 = $ 7,500)

3 0

4 years ago

If a country's economic data shows private savings of $990 million, government spending of $999 million, tax revenue of $699 mil

balandron [24]

Answer:

Investment is equal to 890 million.

Explanation:

Investment refers to the money that is used to produce goods. Investment can be calculated by adding the private savings, the public savings that is determined by subtracting the government spending to the taxes received and the trade deficit that refers to the imports minus the exports.

I= S+(T-G)+(M-X)

S= private savings

T= net taxes

G= government spending

M= imports

X= exports

I= 990+(699-999)+(600-400)

I=990-300+200

I= 890

4 0

3 years ago