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jeka94
2 years ago
7

What is the definition of REO

Business
2 answers:
ozzi2 years ago
3 0

Answer:

Real estate owned

Explanation:

It is property owned by a lender, such as a bank, that has not been successfully sold at a foreclosure auction.

stealth61 [152]2 years ago
3 0

Answer:

REO stands for real estate owned

Explanation:

Real estate owned, a property owned by a lender because it failed to sell in a foreclosure auction after the borrower defaulted on their mortgage.

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When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______. a. Fight for your side
Hunter-Best [27]

Answer:

B) Step aside and let the other person prevail

Explanation:

I took it on Edgenuity

7 0
3 years ago
Danny "dimes" donahue is a neighborhood's 9-year-old entrepreneur. his most recent venture is selling homemade brownies that he
skelet666 [1.2K]

Answer:

A) Price elasticity of demand = 8

B) PED is elastic

C) increase Danny's total revenue

Explanation:

we can calculate the price elasticity of demand using the formula:

PED = % change in quantity demanded / % change in price = [(300 - 100) / 100] / [(1.5 - 2) / 2] = (200 / 100) / (-0.5 / 2) = 2 / 0.25 = 8

if the PED is the same when the price decreases from $1 to $0.50, total revenue will    :

  • when price = $1.50, total revenue = $1.50 x 300 = $450
  • when price = $1, total revenue = $1 x 1,100 = $1,100

*a 33.33% decrease in the price will cause a 266.6% increase (= 33.33% x 8) increase in the quantity demanded = 300 units + (300 x 266.6%) = 300 + 800 = 1,100 units

7 0
3 years ago
In 1 to 2 paragraphs, analyze how a person's ethics or values might affect his performance on the job.
defon

Answer:

Explanation:

This question puts together two different perspectives based on different goals and metrics: economics and ethics. In economics, self interest is the driving force and productivity is one of the metrics used by managers and shareholders in measuring their profit making. In ethics, doing good for people and creating social value is the goal. The results cannot be measured anymore in units of productivity.

Peter Drucker in his famous book "Management: tasks, responsibilities, practices" says : "To know what a business is we have to start with its purpose. Its purpose must lie outside of the business itself. In fact, it must lie in society since business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer." That means to create value for society and not to maximize the profit.

I shall add a recent message sent by Richard Branson - the creator of Virgin Group - in his book "Screw business as usual" : Doing good can help improve your prospects, your profits and your business; and it can change the world." But with a condition: in that firm to exist an organizational culture based on positive values and not on profit maximization. In conclusion, ethics may impact positively on performance if and only if there is a managerial philosophy based on ethics and not on profit maximization, and on value creation. In this well-defined context profit and profitability are consequences and not driving forces of the whole business.

5 0
2 years ago
Liabilities are:___________ a) deferred credits that are recognized and measured in conformity with generally accepted accountin
adell [148]

Answer: d) obligations arising from past transactions and payable in assets or services in the future.

Explanation:

Liabilities are financial obligations meant to be catered for by an organization in the running of its business.

8 0
3 years ago
Which of the following best defines a SWOT analysis? Group of answer choices
Grace [21]

Answer:

The correct option is its aim is to review internal processes independently of the external industry environment

Explanation:

The first option is wrong because it only made mention of the internal strengths and weaknesses,there is no mention of external opportunities and threats

The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.

It is not conducted by regulatory agencies as it is not a regulatory requirement

Lastly ,internal processes refer to strengths and weakness while opportunities and threats emanate from the external industry environment

6 0
2 years ago
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