The statement, "Reviewing performance records reduces the risk of selecting a supplier with a poor track record." is true.
In the context of employment, a performance record is a compilation of written information about employee-related metrics, such as unit, quantity, quality, accounting, and cost indicators. The employee and supervisor have the chance to discuss professional development objectives and together establish a strategy for reaching those objectives throughout the employee performance management process.
The performance record is maintained during the appraisal period, which is normally one year. During this time, the supervisor analyzes the employee's performance and offers behavioral comments with the goal of assisting the person in achieving effective performance. The supervisor utilizes the performance record to create an overall performance rating that the human resources department can use for promotions at the conclusion of the assessment period in cooperation with the employee.
Learn more about Human Resources here:
https://brainly.com/question/14419086
#SPJ4
What are the 4 regulatory responsibilities of the Fed?
The Fed's primary responsibilities include overseeing and regulating banks, implementing national monetary policy, preserving financial stability, and offering banking services.
Which of these four fundamental banking services are they?And what were the four fundamental categories of financial services used by people. Savings accounts, bank and payment accounts, loans as well as other credit plans, as well as other services like safe-deposit lockers and investment advice, are the four fundamental types of accounts you utilize.
What are fundamental banking services?Basic banking services include the ability to withdraw money, the execution on payment transactions, as well as an electronic identification method in addition to a payment method with basic features and a device for utilizing the account (such as a debit card and online banking ID).
To know more about banking services visit:
https://brainly.com/question/29800602
#SPJ4
informal sector is a term used to describe select one: a. one- or two-person firms. b. service-related industries. c. businesses that operate on barter. d. illegal or unregistered businesses. e. part-time businesses.
Illegal or unregistered businesses. The informal sector is a term used to describe economic activities that are not regulated by the government and are not necessarily legal.
What is informal sector ?The informal sector is a term used to describe economic activities that are not regulated by the government and are not necessarily legal. These activities may include unregistered businesses, illegal enterprises, and other economic activities that operate outside the formal economy.The informal sector can include a wide range of businesses and economic activities, such as small vendors and street vendors, informal service providers, and informal manufacturers. It can also include informal workers, such as day laborers and domestic workers, who may not have a formal employment contract or may not be covered by labor laws.The informal sector is often characterized by informality, lack of regulation, and lack of access to formal credit and financial services. It can be an important source of employment and income for individuals and households in developing countries, but it can also be associated with poor working conditions and low wages.To learn more about informal sector refer :
https://brainly.com/question/4799803
#SPJ4
suppose government imposes a consumption tax of 10% on the consumptiom of every citizen. citizen a has a yearly income of $10,000 and annual saving of $1000. how much does citizen a pay in taxes?
Suppose government imposes a consumption tax of 10% on the consumption of every citizen. citizen a has a yearly income of $10,000 and annual saving of $1000.The amount that the citizen a pay in taxes is:$900.
How to find consumption tax?Using this formula to find the consumption
Income = Consumption + Savings
Consumption = Income - Savings
Consumption =$10,000 - $1,000
Consumption = $9,000
Now let find the Consumption tax
Consumption tax = $9,000 × .10
Consumption tax = $900
Therefore the consumption tax is $900.
Learn more about consumption tax here:https://brainly.com/question/29451557
#SPJ1
How much do Shipt drivers make without tips?
The concept mentioned here is about Shipt, which is an internet-based delivery service. The answer is, they make $10-$12 per hour without tips.
Shipt is an American delivery service possessed by Target Corporation. It's headquartered in Birmingham, Alabama.
Shipt is a website and an app( available on iOS and Android) that lets you order groceries and other ménage particulars online and have them delivered to your home. Downloading the app and creating an account is free, but you have to buy a class to place an order.
In general, motorists get a minimum pay of $5.00 per order, plus 7.5% of the total order cost. Shoppers keep 100% of their tips. The Shipt Earnings Standard applies to every request.
This is the company's guarantee that every offer will be paid at$ 16 per hour or further, grounded on time and trouble estimates.
To know more about Shipt,
brainly.com/question/28042752
#SPJ4
Who might receive dividends from a mutual insurer?
O Subscribers
O Stockholders
O Agents
O Policyholders
The people who might receive dividends from a mutual insurer are D. Policyholders.
Who are mutual insurers ?In essence, it denotes that the company's policyholders share ownership. Like when you buy stock or invest in a mutual fund, you get a share of the company when you buy a policy from a mutual medical professional liability insurance company.
You will share in the company's success as a co-owner. Similar to how a stock business pays dividends to its shareholders, the company will frequently return a portion of its profits to its policyholders in the form of dividends if it reaches or exceeds its financial goals for the year.
Find out more on mutual insurers at https://brainly.com/question/16996096
#SPJ1
as the inventory control manager for a group of shoe stores, xin-xu calls the bossie boots warehouse when he needs to restock this product because the manufacturer stores all of its products there. another name for this warehouse would be a
As the inventory control manager for a group of shoe stores, xin-xu calls the bossie boots warehouse when he needs to restock this product because the manufacturer stores all of its products there. another name for this warehouse would be a distribution center.
What is distribution center?Distribution center can be defined as a warehouse that tend to stock different product and this product are been re-distributed to the following :
WholesalersRetailersEnd or final userMost customers tend to often visit this distribution center for the items or product they need because they believed that they will often get their desired product there instead of having to visit wholesalers or retailers for the same product.
Therefore this is called distribution center.
Learn more about distribution Centre here:https://brainly.com/question/29235792
#SPJ1
Does increasing the money supply cause inflation or deflation?
Inflation may occur when the Federal Reserve increases the money supply. If the Federal Reserve is attempting to boost the economy by increasing the money supply.
Inflation is likely to occur, as prices will rise and the cost of goods will fluctuate.
Deflation or an increase in the money supply?Prices can also fall as a result of technological advancements and increased productivity, despite the fact that a decrease in the supply of money and credit is typically linked to deflation. The attractiveness of various investment options changes depending on whether the economy, price level, and money supply are expanding or contracting.
What happens when there is more money available?Interest rates are typically lowered when there is an increase in the money supply. This leads to more investment and more money in the hands of consumers, which in turn encourages spending. As a result, more raw materials are ordered and production is increased.
To learn more about Federal Reserve here:
https://brainly.com/question/17097530
#SPJ4
ranmali is a professor at an elite university. over the years, she has noticed that many students seem much more concerned with the letter grade they will receive than with the knowledge and skill acquisition the class requires. she also notices that many firms who are hiring graduates of her university are focused on special certificates and gpas but ask few questions about the content of academic programs. these are both examples of
She has seen that students are more focused on getting a certain letter grade than actually learning the skill acquisition that is being covered in class. She also observes that a lot of hiring companies emphasize unique certifications. These two situations both include credentialism.
What are the three phases of skill acquisition?Fitts proposes three stages for the development of motor skills: the cognitive stage, the associative stage, and the autonomous stage. Because it involves processing information, the cognitive stage is very interesting to cognitivists. This stage, which is also known as the verbal-motor stage, is verbal-cognitive in character since it entails the verbal transmission and comprehension of new information. At this stage, the person is attempting to digest information in an effort to grasp cognitively the conditions and constraints of motor movement. The associative stage is characterized by a significant decrease in verbal information, lesser performance improvements, conscious performance, adjustment-making, uncomfortable and disorganized movement, and a prolonged completion time. The Fitts and Posner paradigm views this as the last phase of motor learning. To reach the autonomous level, years of instruction are frequently necessary.
To know more about skill acquisition visit:
brainly.com/question/29603001
#SPJ4
What are the 4 traits of an entrepreneur?
In inspecting what ends up riding these entrepreneurs, researchers and observers find 4 in particular sturdy motives: control, freedom, impact and wealth (in alphabetical order.) Some or all of these motivations can also be vital to you as an entrepreneur.
Work ethic and passion go hand in hand. It takes work ethic to hold the commercial enterprise strong, and it takes ardour to sense encouraged ample to keep a good well worth ethic.
I trust passion is without difficulty the most sizable persona trait any successful entrepreneur has, and for obvious reasons.
What are frequent traits?common trait
Allport , any of a variety of enduring characteristics that describe or determine an individual's conduct throughout a variety of situations and that are frequent to many humans and similarly expressed.
Learn more about entrepreneur here:
https://brainly.com/question/8358477#SPJ4communication researchers who follow media ownership saw a consistent trend of characterized by mergers and buyouts through the 1980s and 1990s, resulting in fewer but larger media companies in the 2000s. a. commodification b. conglomeration c. concentration d. synergy
Communication researchers who follow media ownership saw a consistent trend of option C: concentration through the 1980s and 1990s characterized by mergers and buyouts and resulting in fewer but larger media companies in the 2000s.
What does marketing concentration mean?Market concentration gauges how tightly held together a select group of companies' market shares are. It is frequently used as a stand-in for the level of competition.
Therefore, the goal of a concentration strategy is to dominate one particular industry. Three strategies for industry expansion are product development, market development, and market penetration.
Learn more about Communication from
https://brainly.com/question/26152499
#SPJ1
See correct question below
Communication researchers who follow media ownership saw a consistent trend of _________ through the 1980s and 1990s characterized by mergers and buyouts and resulting in fewer but larger media companies in the 2000s. a. commodification b. conglomeration c. concentration d. synergy
What are three things you must prove to make a causal argument?
You must demonstrate three things in order to establish causality: that X came before Y; that the observed association between X and Y wasn't the result of pure chance; and that there is no other explanation for the relationship between X and Y.
What are the three requirements for proving a causal relationship, quizlet?
Covariance, temporal precedence, and internal validity are the three requirements for proving causality. Due to the fact that correlation does not equate to causation, bivariate correlations will always fall short in at least one of these areas. A third variable is also conceivable.What type of proof is required to establish a causal claim?
Association, influence direction, and nonspuriousness are the three types of evidence used to prove causation. Any statistic that expresses (in a single number) the strength of the association between two variables is referred to as a measure of association.
Learn more about causal relationship here:
https://brainly.com/question/9266776
#SPJ4
Before establishing a security program, organizations should __________.
a. conduct a basic risk analysis
b. use a co-location facility
c. check temperature and humidity levels
d. recycle or donate used computing devices
Before establishing a security program, organizations should (a) conduct a basic risk analysis.
The process of identifying the possibility for any unfavourable occurrences that might have a detrimental impact on businesses and the environment is referred to as risk analysis. Corporations (banks, construction companies, health care providers, etc.), governments, and organizations all regularly do risk assessments.
An organization's decision to launch a project or approve a funding request, as well as any potential protective measures that may be required, might be guided by the results of a risk analysis. This kind of analysis makes it easier to balance reducing risks while maintaining safety.
To reduce potential unfavorable unanticipated impacts, risk analysts frequently collaborate with forecasting experts.
Learn more about risk analysis here:
https://brainly.com/question/24129294
#SPJ4
Question 20 (1.42 points) Which statement best describes an Institutional Review Board (IRB)?
O Subjects are told what the purposes of the study are, what participation in the study involves, what risks (if any) are involved in participating, and what the person can expect to receive in return for participation.
O Subjects must be told the true purpose of the study and the reason for the deception.
O Personal information will not be shared with anyone outside the immediate research group and any results from the research will not identify any of the participants by name.
O They usually comprise people who have research experience themselves and therefore have experience that enables them to judge whether the research being proposed follows reasonable ethical guidelines.
B Question 21 (1.42 points) Which is an example of a negative correlation? 1
O exercise and physical health
O study time and grades
O exposure to sunlight and plant growth
O gas prices and the rate of driving
Option A is correct. The statement best describes an Institutional Review Board (IRB) is Subjects are told what the purposes of the study are, what participation in the study involves, what risks (if any) are involved in participating, and what the person can expect to receive in return for participation.
Under FDA guidelines, an Institutional Review Board is bunch that has been officially assigned to audit and screen biomedical examination including human subjects. As per FDA guidelines, an IRB has the position to endorse, require adjustments in (to get endorsement), or object research. This gathering survey serves a significant job in the assurance of the privileges and government assistance of human examination subjects.
The purpose behind IRB audit is to guarantee, both ahead of time and by occasional survey, that fitting advances are taken to safeguard the privileges and government assistance of people partaking as subjects in the examination. To achieve this reason, IRBs utilize a gathering cycle to survey research conventions and related materials (e.g., informed assent reports and examiner handouts) to guarantee insurance of the privileges and government assistance of human subjects of exploration.
Know more about Institutional Review Board - https://brainly.com/question/29618021
#SPJ4
ht tech wants to purchase a $130,000 machine. the machine will last 10 years, be paid off in 6 years, and have no salvage value at the end of its life. net annual cash flows are $24,000, the discount factor is 12%, and the present value of cash flows is $135,605. per the net present value (npv) method, the purchase is acceptable for ht. what was the determining factor in this decision?
Net present value is a way of estimating the present value of cash inflows and outflows by discounting the cash flow by the needed rate of return. The machine's net present value is $5,605. Hence, the NPV of cash flow was positive.
What is the Net present value?The net present value (NPV) or net present worth of a series of cash flows occurring at different times is employed. The time elapsed between now and the cash flow determines the present value of the cash flow. The discount rate also has an impact. It provides a method for studying and comparing capital projects or financial products with time-varying cash flows, such as loans, investments, insurance payments, and many more applications.
Given,
Net annual cash flows = $24,000
Discount factor = 12%
The present value of cash flows = $135,605
Therefore,
Net present Value = $135,605 - $130,000
= $5,605
To learn more about Net present value, click
https://brainly.com/question/29669538
#SPJ1
What are the 5 main ethical considerations a researcher must remember?
Voluntary involvement, informed consent, anonymity, secrecy, risk of damage, and results communication are some of these guiding concepts.
What ethical factor in study is the most crucial?In all scientific communications, strive for honesty. Honestly describe the information, findings, techniques, and status of publications. Don't make up, falsify, or represent data incorrectly. Do not mislead peers, research sponsors, or the general public.
Why are moral issues significant in research?Respecting the dignity, rights, and wellbeing of study participants requires adherence to ethical norms. In order to ensure that the proper ethical standards are being observed, an ethics committee should examine all study involving human subjects.
To know more about Voluntary involvement visit :
https://brainly.com/question/9137251
#SPJ4
What is the example of formal credit?
Banks and cooperative societies constitute the formal sector of credit.
Landlords, moneylenders, traders, relatives, friends and other sources of credit constitute the informal sector of credit.
please mark me brainliest :)
What is Realtor Code ethics?
one of the very first codes of ethics that any corporate group accepted. By forcing REALTORS® to collaborate with one another to advance their customers' best interests, the Code assures that consumers are well served.
What is meant by Code ethics?The purpose of a code of ethics is to provide professionals with a set of guiding principles that will help them act in a way that is morally upright and advantageous to all parties involved.Generally speaking, a code of ethics or professional code of ethics is a collection of fundamental principles or ideals. Usually more explicit, a code of conduct policy provides instructions on how to act in specific circumstances. A rule explicitly forbidding taking or giving bribes is an illustration of a code of conduct.For everyone in the profession to abide by, it offers a shared set of guidelines or standards. The document outlines the industry's ideal practices. It serves as a foundation for ensuring that the profession's compliance standards are met. For the profession, it offers a legal norm.To learn more about Code ethics refer to:
https://brainly.com/question/28421418
#SPJ4
Which of the following stages of the product development process assesses a product’s compatibility in the marketplace?
The stages of the product development process that assesses a product’s compatibility in the marketplace include the following: B) business analysis.
What is a product life cycle?A product life cycle can be defined as all of the phases or stages that a specific product moves through, primarily from the point (period) it was introduced by the manufacturer (producer) into the market to the point (period) when it is eventually revoked and moved from the market.
Generally speaking, there are four (4) main stages in the product life cycle and these including the following;
Introduction.Growth.Maturity.DeclineDuring business analysis of the product development process, the compatibility of a product in the marketplace should be assessed.
Read more on product life cycle here: brainly.com/question/27981004
#SPJ1
Complete Question:
Which of the following stages of the product development process assesses a product's
compatibility in the market place?
A) idea development
B) business analysis
C) test marketing
D) commercialization
E) idea screening
The stages of the product development process assesses a product’s compatibility in the marketplace is business analysis.
What is the role of a business analyst?Business analysts evaluate an organization's performance and work with it to enhance its systems and processes. In order to find solutions to business challenges, they perform research and analysis. They then assist in introducing these solutions to businesses and their customers.
The business analysis stage of the product development process is where it is possible to evaluate how well the product fits the market and its potential for profitability.
Learn more about business at:
https://brainly.com/question/24553900
#SPJ1
When air warms up, it causes water vapor to form. The amount of water vapor in the atmosphere is called.
When air warms up, it causes water vapor to form. The amount of water vapor in the atmosphere is called humidity.
Humidity is the measurement of the quantity of water vapor in the atmosphere. The temperature conditions are what determines how much water vapor or humidity is present in the air. Rain results from clouds forming, which requires humidity.
Clouds and other meteorological phenomena wouldn't exist without humidity. The ability of air to contain moisture fluctuates as a function of temperature; for example, at higher temperatures, the amount of water vapor rises, whereas, at lower temperatures, it falls. In relation to the atmospheric temperature, relative humidity measures the amount of water vapor. In other words, it measures the maximum quantity of water vapor that dry air can carry at a given temperature.
To know more about Humidity here
https://brainly.com/question/8170094
#SPJ4
16. The CPI differs from the GDP deflator in that the CPI is a price index, while the GDP deflator is an inflation index. firms show up in the CPI but not in the GDP deflator show up in the CPI but not in the GDP deflator government show up in the CPI but not in the GDP deflator. (a) (b) increases in the prices of foreign produced capital goods that are sold to U.S. (c) increases in the prices of foreign produced goods that are sold to U.S. consumers (d) increases in the prices of domestically produced goods that are sold to the U.S.
. The CPI differs from the GDP deflator in that the CPI is a price index, while the GDP deflator is an inflation index firms show up in the CPI but not in the GDP deflator increases in the prices of foreign produced capital goods that are sold to U.S.
The Measures price movements in products and services bought out of glove compartment by urban consumers, where as GDP price index and underlying price deflator measure price changes in goods and services bought by purchasers, businesses, government, and foreigners, but not importers. The CPI includes widely used products, whereas the GDP price index includes all goods and services. The CPI does not account for all goods and services. CPI measurements are based on a fixed basket of goods.
Learn more about CPI here:
https://brainly.com/question/14846198
#SPJ4
Various nations have adopted policies designed to combat overfishing. Which of the following approaches is commonly used to combat the problem of overfishing?
A. Reducing the limits on the numbers of commercial fish species that can be caught
B. Banning the use of sonar as a means for capturing fish in open ocean waters
C. Promoting fishing in estuaries and breeding grounds rather than in the open ocean
D. Enforcing minimum-size requirements for the capture of some commercial species
Various nations have adopted policies designed to combat overfishing. the approaches which is commonly used to combat the problem of overfishing is
D. Enforcing minimum-size requirements for the capture of some commercial species
Why do nations combat overfishing?One of the main causes of population decreases in ocean species is fishing. Except for overfishing, which occurs when fishing vessels take more fish than the ocean can replenish, taking fish is not necessarily detrimental for the ocean.
Bycatch, or the capturing of unwanted marine life while fishing for a different species, is directly related to overfishing. This is also a severe marine threat that results in the unnecessary extinction of thousands of sea turtles and cetaceans, as well as billions of fish.
Overfishing harms more than just the marine ecosystem.
Enforcing minimum-size requirements for the capture of some commercial species is an approach to curb overfishing
Learn more about overfishing at:
https://brainly.com/question/767631
#SPJ1
a pure strategy is one where only one capacity factor is adjusted to meet demand. group of answer choices true false
The correct answer is False a pure strategy is one where only one capacity factor is adjusted to meet demand.
Demand is just a consumer's desire to acquire products and services immediately and to pay the price associated with them. Demand may be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame. Key Learnings. According to the economic concept known as the law of demand, customer demand for an item increases when prices are low and decreases when prices are high. When shoppers rush to purchase goods at steep prices during Black Friday bargains, the law of demand is in effect.
To learn more about demand click the link below:
brainly.com/question/29703449
#SPJ4
Which component of an enterprise platform focuses on supply chain management of the company's needs?
Core processing compo-nent of enterprise plat-form focuses on supply chain manage-ment. Technology used to over-see regular company operations, such as sup-ply chains, is a component of core processing.
Core processes are the strateg-ically important processes in the comp-any. Back office tas-ks and inter-nal ope-rations may also be includ-ed. An enter-prise platform's features include man-aging customer inform-ation, scheduling, and order process-ing, among others.
SA-P, Micro-soft, Ora-cle, AW-S, Go-ogle, and Sales-force are the "Big Six" enterprise plat-form partners.
This model's top level con-tains five distinct processes, some-times referred to as supply chain manage-ment components: plan, source, make, del-iver, and return. Inventory manage-ment and process con-trol are both depend-ent on planning.
To know more about supply chain click below:
brainly.com/question/29318233
#SPJ4
How can I make my business more carbon neutral?
To be carbon neutral, a business's operation must remove as much CO2 from the atmosphere as it is producing. When a company achieves this, it is emitting net-zero emissions.
What is carbon neutral?Companies, processes and products become carbon neutral when they calculate their carbon emissions and compensate for what they have produced via carbon offsetting projects. Offsetting carbon emissions, in addition to avoidance and reduction, is an important step in holistic climate action. Greenhouse gases such as CO2 disperse uniformly in the atmosphere, this means that the concentration of greenhouse gases is approximately the same all over the world. Consequently, in terms of the global concentration of greenhouse gases and the greenhouse gas effect, it is irrelevant where on the planet emissions are produced or avoided. Therefore, emissions that cannot be avoided locally can be offset by carbon offset projects in another location. For example, this can be done by means of forest conservation, afforestation or renewable energy expansion.To learn more about renewable energy refer to:
https://brainly.com/question/79953
#SPJ4
What was one result of the work of the Tennessee Valley Authority TVA in the 1930s?
Electric lighting and contemporary appliances made life easier and increased agricultural productivity.
What did the Tennessee Valley Authority perform throughout the 1930s?The Tennessee Valley Authority Act, which was signed in 1933, created a public corporation with the following objectives: "To improve the navigability and to provide for the flood control of the Tennessee River; to provide for reforestation and the proper use of marginal lands in the Tennessee Valley; to provide for the agricultural and industrial development."The biggest change in Valley life was brought about by the energy produced by TVA dams. Electric lighting and contemporary appliances made life easier and increased agricultural productivity. Additionally, the presence of power drew businesses to the area, resulting in the creation of much-needed jobs.To learn more about Tennessee Valley Authority Act refer to:
https://brainly.com/question/17043792
#SPJ4
What command is used to create a Kubernetes object from DEF Yaml file?
By first creating an empty file, giving it the required access permissions, and then specifying the required key-value pairs, you can create a Kubernetes pod with YAML.
How do I create a Yaml file in Kubernetes command?The commands kubectl apply and kubectl create can be used to create a deployment. After being built, the Deployment makes sure the appropriate number of Pods is active and accessible at all times.
How to build a Kubernetes pod with YAML. By first creating an empty file, giving it the required access permissions, and then specifying the required key-value pairs, you can create a Kubernetes pod with YAML. The name, kind (pod), apiVersion, and containers inside the pod are the crucial ones.
The command kubectl run nginx —image=nginx —restart=Never should be used to build a pod using the nginx image. By doing this, a pod called nginx will be created and operated using the nginx image from Docker Hub.
To learn more about Kubernetes refer to:
https://brainly.com/question/28446215
#SPJ4
What are the two types of purchasing power parity?
The Purchasing Power Parity is available in both absolute and relative forms. In that it is a dynamic variation of PPP, relative PPP is an extension of absolute PPP.
What is absolute PPP and relative PPP?The fundamental PPP principle holds that after two currencies have been exchanged, a basket of commodities should have the same value. This is known as absolute purchasing power parity (APPP). The theory typically relies on translating foreign currencies into US dollars.According to the economic theory known as relative purchasing power parity (RPPP), the inflation and exchange rates of two nations should eventually be equal. In that it is a dynamic variation of PPP, relative PPP is an extension of absolute PPP.Because the exchange rate is far more volatile than the average price level, relative PPP is not valid at any given time.To learn more about PPP refer :
brainly.com/question/29788784
#SPJ4
Why is it important to generate profit?
Revenues less expenses are the company's profits. A company's ability to make a profit determines whether it can obtain bank financing, hence making a profit is crucial.
Why does profit matter more than money?Cash flow refers to the amount of money coming in and going out of a business at any given time, whereas profit is the revenue that is left over after business expenses have been deducted. Profit is a better indicator of how well your company is doing, but cash flow is more crucial to the day-to-day operations of the company.
Why is it vital to increase profit?You can cut expenses, boost productivity and turnover, and plan for change and expansion by increasing your company's profitability.
To know more about company's visit:
https://brainly.com/question/29354835
#SPJ4
What are the 4 components that a blockchain is comprised of?
A Blockchain platform typically consists of the following components:
1. Distributed Ledger
An electronic ledger is essentially an updated database that contains all transactions. It is made up of several blocks, each of which contains at least one transaction, and these blocks are connected by a chain employing cryptography.
In other words, the cryptographic IDs of the preceding block will be contained in the subsequent block. Therefore, all the blocks at the rear of the chain will be impacted if any block from the difficulty of the past experience.
2. A network of peers
A peer-to-peer network, also known as a peer node, is a decentralized approach for communication between several users that does not rely on any central servers or other nodes.
Each participant in a peer-to-peer network can function as both a client and a server. This indicates that once the network is established, every member owns a copy of the ledger. Without the aid of an intermediary, it can then be used to distribute and store files.
3. The consensus process
The peer-to-peer network's nodes must cooperate in order for the consensus process, which establishes rules, to determine which transactions are valid and eligible for inclusion in the blockchain. The blockchain's true state is ascertained using the consensus mechanism.
4. Cryptanalysis
The information in the ledger or the information exchanged between the nodes is secure, authentic, and verified thanks to this component. Cryptography has developed unbreakable encryption techniques by drawing on a foundation of mathematics, particularly probability theory, and knowledge of game theory.
5. Virtual Machine
A program that replicates a computer system is known as a virtual machine. It has virtual storage, a CPU, and memory.
A Virtual Machine essentially functions like a physical computer; it may be used to store data, execute application applications, and collaborate with other virtual machines to run a Blockchain network.
To learn more about Blockchain network, please refer:
https://brainly.com/question/17355332
#SPJ4
unity point hospital system implemented a web-based system that provides the capability for suppliers to place bids and once approved, submit invoices, schedule delivery and receive payment electronically. the purchasing managers for unity point appreciate the enhanced efficiency of working with multiple vendors to obtain the various products and services needed by the unity point system of hospitals and physician offices. this web-based system is called
According to the statement the given web-based system is known as e-procurement.
What functions does e-procurement serve?Organizations can use it to automate supply chain activities with automatic notifications, enhance manufacturing cycles, keep track of total purchases made inside the firm, and expedite the procurement and tendering processes. It can also help businesses increase staff productivity.
Is e-procurement the same as e-purchasing?While procurement concentrates on strategic, lengthy goals like gaining a competitive advantage or aligning with corporate strategy or goals, purchasing concentrates on tactical, short-term goals like completing the five rights inside a money transfer (right quality, right quantity, right cost, right time, and right place).
To know more about e-procurement visit :
https://brainly.com/question/29531968
#SPJ4