Advocacy groups are groups of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions.
Explanation:
Advocacy groups are important components of consumer rights in the capitalistic market and are essential for maintaining good business practices in the capitalistic society where competition can take a hold over the moral situation that should in a sense dominate.
The advocacy groups that work this way are the ones who are a group of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions. This is important for consumer rights for this sector to be strong.
Adam was unable to finish high school because he needed to go to work to help his family financially. This forms a Non-formative type of influence
This is further explained below.
<h3>What is a Non-formative type of influence?</h3>
Generally, The term "nonnormative effects" refers to those that do not affect each member of a set in the same manner. Nonnormative suggests it does not affect everyone in the same way in the culture, while normative suggests it does (or not at all).
In conclusion, Adam dropped out of school before he could graduate from high school because he had to start earning money to support his family. This is an example of a non-formative impact.
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Answer:
Trade Surplus and positive net Capital flow
Explanation
Problem:
Buy extended warranty for $950 laptop or not?
Alternative:
1) Buy extended warranty
2) Not buy extended warranty
Criteria:
Practical and cost saving in the long-run
Evaluate Alternatives:
1) <span>Buy extended warranty </span>
con:<span> pay additional $99. </span>
pro: <span>5 year warranty coverage. </span>
pro: repairs may be done at a local store
2) Not buy extended warranty
pro&con: laptop comes with one-year limited warrant
pro: no additional payment
con: repairs will be done by manufacturer
<span> con: repair costs range from $50 to $450
</span>
Decision:
BUY EXTENDED WARRANTY
Descriptive analytics is best described with a report that includes charts and graphs explaining the data.
<h3>What Is Descriptive Analytics?</h3>
The interpretation of historical data through descriptive analytics helps to better comprehend changes that have taken place in a firm. The process of using a variety of historical data to make comparisons is known as descriptive analytics.
In contrast to the complicated calculations required for predictive and prescriptive analytics, descriptive analytics typically uses simple math and statistical methods, such as arithmetic, averages, and percent changes. Since results are presented using visual tools like line graphs, pie, and bar charts, descriptive analytics may - and should - be easily comprehended by a broad corporate audience.
Therefore, a report with charts and graphs illuminating the data is the best way to describe descriptive analytics.
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