Answer: Nepotism
Explanation: Nepotism is an act of granting special privileges to one's friends and family especially during
recruitment or any other opportunity. It entails using one's power to secure juicy opportunities for one's relatives, especially when they are not qualified for such opportunity. Nepotism is also an act of partiality in order to favour one's friends or relative or candidate over others.
The word "nepotism" is an Italian word and it advanced from the Italian word for nephew. It originated in the mid 17th century when popes and other religious leaders were in the habit of displaying favouritism towards their family members at the expenses of others.
Types of nepotism.
• Nepotism at work place or employment nepotism.
• Political nepotism.
• Organizational nepotism.
Answer:
Answer is explained in the explanation section below.
Explanation:
Data Given:
Material Cost Per Trailer = $500
Material Cost plus Profit Per Trailer (15%) = $500 + 75 = $575
Selling Price = $1000
Labor Cost Remaining Per Trailer = $425
Formula to Calculate the number of Trailers:
X = X1 (
)
Where,
N = number of Trailers
S = Slope Parameter
X = $425
X1 = $700
So, First we need to find the slope parameter, in order to calculate the number of trailers to be built.
S = 
where, α = 0.85 rate of improvement.
Plugging in the values into the formula, we get:
S = 
S = -0.234
Now, we can easily find the number of trailers.
X = X1 ()
Plugging in the values,
425 = 700 x (
)
Solving For N, we get:
N = 8.4 Trailers
N = 9 Trailers.
Hence, 9 Trailers must be built in order to realize this rate of profit.
That it aloud people to be selfish
Answer:
Purchases she could have made with $30,000 plus the earnings foregone
Explanation:
Opportunity cost refers to the benefit obtained from the next best alternative.
Here, the opportunity cost of spending a year in the college is the purchases worth of $30,000 that she would have do it and the money income that she would have earned it.
Opportunity cost can be represented in terms of monetary and non monetary.
1. According to it's definition the answer is: <span>Information collected from marketing surveys is an example of primary data. If I got it right, it's first-hand investigation.</span>
2. In my view correct answer is: The real value of marketing research is the A. Customer insight, the information that can give a company a strong advantage over the competition. Company creates customer insight's team which makes a research about customers' desires and trends.
3. I'm definitely sure that this is the answer: The results of market research are used to identify the D. Target Marketing for a product. Market research helps the company to define target market. It directly links company and customer.
4. I think that this is correct option: <span>B. It includes information not usually accessible to a company. Secondary data is opposite to primary. You can find secondary data on forums or other sources.
</span>
5. When starting to gather data, marketing researchers typically begin with C. <span>Secondary data. Secondary research is the best way to define your target market as it includes information obtained from different online resources.
</span>
6. According to the definition given above, I'd more likely to choose this option: <span>D. Certain private behaviors are unknown and cannot be observed.
</span>
7. As far as I remember, the data collection method used in this example is exploratory research. Exploratory research provides information for a problem that hasn't been studied before.
8. I'm pretty sure that the answer is C. Data mining. Data mining is the process of analyzing and summarizing huge amount of data. Clustering is the most common way to make the analysis of any data base as simple as it possible.
9. I think that A. Interpretation is needed to make the results useful. Interpretation is the process which assigns meaning to every database component and then leads to certain conclusions.
10. According to the information given above, the answer is: The data collected in this example is <span>B. Quantitative</span> data. Quantitative data is the set of numerical variables.
