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3 years ago

Name two different methods for evaluating evidence. compare and contrast these two methods.

Business

1 answer:

BARSIC [14]3 years ago

5 0

The two different methods for evaluating evidence are the quantitative method and the qualitative method.

The quantitative method is where it is based on measurements and statistics or analysis of data by gathering with the use of surveys and questionnaires.

The qualitative method is focused on having to show explanations or opinions regarding about the study of which will develop ideas and identify or have insights regarding about the problem.

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Creating a positive work environment that is recognized inside and outside the firm is an important copoentn of?

dexar [7]

The answer is recruitment.

"Positive" work environments are ones that foster trust, cooperation, safety, risk-taking support, responsibility, and equity. When considering a pleasant work environment, there are certain abstract notions to consider.

Recruitment is the process of actively searching, identifying, and hiring persons for a certain position or vocation. The right person is placed at the right position to get the work done in the best possible perfection. The recruitment definition comprises the whole hiring process, from initial screening through the individual recruit's integration into the organization.

Therefore, the answer is recruitment which creates positive work environment that is recognized inside as well as outside.

To know more about recruitment click here:

brainly.com/question/24198737

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8 0

2 years ago

True or false: gross domestic product (gdp) cannot be used to measure the economy’s income. true

frozen [14]

The answer in the given statement above is false because Gross Domestic Product has the capability of providing measurement when it comes to the economy’s income. It measures the goods that are produced and the services that are given in the course of one year where in it is concluded that it has the capability of measuring the economy’s income.

5 0

3 years ago

Identify how to calculate nominal interest rates and real interest rates. Assume that you put $100 in the bank. Use numeric exam

Alik [6]

Answer: Please refer to Explanation

Explanation:

To answer this question we will assume that the Nominal Interest rate is equal to 10% then we can be free to manipulate the Real Interest Rate.

Now the Real Interest Rate is the Nominal Interest Rate adjusted for inflation in the following manner,

Real interest rate= Nominal interest rate - inflation rate.

Let's go through 3 scenarios now.

1. REAL interest rate is positive.

If the Real Interest rate is positive, that would mean that Inflation rate is LESS than the Nominal Interest rate.

Assuming the inflation rate is 5% then that would mean that real interest rate is,

= 10% - 5%

= 5%.

Seeing as you have $100 in the bank. If using Nominal Rates alone you would have earned,

= 100 * (1+0.1)

= $110

However with a rate that caters for inflation (Real Interest Rate) you would earn only,

= 100 * (1 + 0.05)

= $105

2. REAL interest rate stays the same

If the Real Interest rate does not change, that would mean that Inflation rate is EQUAL to Nominal Interest rate.

Assuming the inflation rate is 10% then that would mean that real interest rate is,

= 10% - 10%

= 0% meaning that there was no change.

You have that same $100 in the bank. If using Nominal Rates alone you would have earned,

= 100 * (1+0.1)

= $110

However with a rate that caters for inflation (Real Interest Rate) you would earn only,

= 100 * (1 + 0.00)

= $100

Your money in the bank would in REAL TERMS not have changed because whatever profit you made was wiped out by inflation.

3. REAL interest rate is negative.

If the Real Interest rate is negative, that would sadly mean that Inflation rate is MORE than the Nominal Interest rate.

Assuming the inflation rate is 15% then that would mean that real interest rate is,

= 10% - 15%

= -5%.

Seeing as you have $100 in the bank. If using Nominal Rates alone you would have earned,

= 100 * (1+0.1)

= $110

However with a rate that caters for inflation (Real Interest Rate) you would earn only,

= 100 * (1 - 0.05)

= $95

If inflation were to be catered for, the value of your money has actually decreased from $100 to $95 because inflation rose at a faster rate than nominal inflation. This means that the money you had can buy only 95% of what it could before.

This is why the Real Interest Rate is Important. It shows you whether you are actually making a profit based on the rate at which prices are rising in the Economy. It is crucial that the Real Rate is calculated so that you get adequate compensation for your Investment.

4 0

3 years ago

Dvorak Company produced 1,000 units of product that required 3 standard hours per unit. The standard variable overhead cost per

valentina_108 [34]

Answer:

The variance is 4,000 - 4,200 = -200 (favourable variance).

Explanation:

To know the production variance in this exercise, we first need to know the total standard cost, then calculate the difference between the actual cost and the standard one.

Total standard cost = production volume x hour used per one unit produced x overhead cost per hour = 1,000 x 3 x 1.4 = 4,200

So, the variance is 4,000 - 4,200 = -200 (favourable variance).

4 0

2 years ago

The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy.

Elenna [48]

Answer:

These are the options for the question:

market-based

communist

command

laissez-faire

mixed

And this is the correct answer:

mixed

Explanation:

A mixed economy is an economy that either:

Mixes state intervention with a free-market economy.
Has some sectors of the economy run in market-based style, and other sectors in a planned-style.
Has coexistence of public enterprises and private enterprises.

In the question, we have an example of a mixed economy because in the energy sector (a crucial sector in any economy), there is one public company competing against private companies.

The economy becomes even more mixed when the government lowers the tax rates of the private companies, so that both the public firm and the private firms compete under the same conditions.

8 0

3 years ago