A(n) __________ is a financial incentive a firm offers to encourage employees to accept an early retirement offer.
Answers
A "golden handshake" is a financial incentive a firm offers to encourage employees to accept an early retirement offer.
The golden handshake typically includes a combination of financial benefits such as a lump-sum payment, extended health insurance, and additional pension benefits. This incentive aims to entice employees, usually those nearing retirement age, to voluntarily leave their positions earlier than planned.
By doing so, the company can reduce its workforce, cut costs, and create opportunities for younger employees or restructuring. It is essential for employees to carefully evaluate the financial aspects of a golden handshake and determine if the incentives provided will sufficiently support their retirement goals.
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Related Questions
kasson company has budgeted units to be produced for the next five months as follows: budgeted units to be produced june 15,000 july 12,000 august 22,000 september 11,000 october 18,000 kasson company used the following information in creating its master budget for the year: 1. ending direct materials inventory for each month should be equal to 140% of the next month's production needs. 2. each unit produced requires 2.5 pounds of direct materials. 3. direct materials are purchased for $2.30 per pound. calculate the cost of direct materials budgeted to be purchased in june.
Answers
To calculate the cost of direct materials budgeted to be purchased in June, we need to first determine the production needs for July, which is 12,000 units. Therefore, the cost of direct materials budgeted to be purchased in June is $47,610.
According to the information provided, the ending direct materials inventory for June should be equal to 140% of July's production needs, which is 16,800 pounds (12,000 x 140%).
Next, we need to determine the total pounds of direct materials needed for the production of 15,000 units in June. Each unit produced requires 2.5 pounds of direct materials, so 15,000 units will require a total of 37,500 pounds (15,000 x 2.5).
To determine the total pounds of direct materials budgeted to be purchased in June, we need to subtract the ending direct materials inventory for June (16,800 pounds) from the total direct materials needed for June's production (37,500 pounds).
37,500 pounds - 16,800 pounds = 20,700 pounds of direct materials budgeted to be purchased in June.
Finally, we need to multiply the total pounds of direct materials budgeted to be purchased in June (20,700 pounds) by the cost per pound of direct materials ($2.30).
20,700 pounds x $2.30 per pound = $47,610 budgeted cost of direct materials to be purchased in June.
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Wildhorse Windows manufactures and sells custom storm windows for three-season porches. Wildhorse also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Wildhorse enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,510 and chooses Wildhorse to do the installation. Wildhorse charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Wildhorse $1,970 (which equals the standalone selling price of the windows, which have a cost of $1,100) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Wildhorse completes installation on October 15, 2020, and the customer pays the balance due. Wildhorse estimates the standalone selling price of the installation based on an estimated cost of $450 plus a margin of 30% on cost. Prepare the journal entries for Wildhorse in 2020.
Answers
In 2020, Wildhorse Windows’ journal entries for the given transaction are as follows:Journal entries for Wildhorse Windows Accounts Debit Credit Cash2,510 Sales revenue 2,510(To record sales made on July 1, 2020)
Cost of goods sold 1,100 Inventory1,100(To record the cost of goods sold on July 1, 2020)Cash 1,970 Unearned revenue1,970(To record the receipt of payment from the customer on September 1, 2020)Cost of goods sold1,350Inventory1,350(To record the sale of goods on October 15, 2020)Unearned revenue 900 Installation revenue900(To record the completion of the installation and recognition of revenue on October 15, 2020)
Installation expense 585 Estimated liability for installation 585(To record the estimated installation expenses on October 15, 2020)Accounts receivable 585 Estimated liability for installation 585(To record the billing of the customer for installation services on October 15, 2020)Therefore, the above journal entries represent the transaction that was done by Wildhorse Windows in 2020.
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Which process refers to starting up a computer?
Answers
Which process refers to starting up a computer?
Ans: Booting
Dividends are paid out of profits, and:
(A) dividends are paid before a firm's taxes are paid.
(B) dividend payments must be approved by the firm's board of directors.
(C) dividends are guaranteed.
(D) dividends are usually paid twice a year.
(personal finance question)
Answers
Dividends are given out of profits, and it is commonly pay off twice a year. Option D is correct.
What are dividends?A dividend is defined as the amount of profit that is available for the distribution by a corporation to its shareholders, this amount of profit is given only when an enterprise earns a profit.
The majority of dividends are paid four times a year, on a quarterly basis, but some companies pay dividends twice a year.
Therefore, option D is correct.
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Leo Co. uses the allowance method to account for bad debts. At the end of the year, Leo Co.'s accounts receivable balance is $25,000; allowance for doubtful accounts balance of $100 (credit); and sales of $500,000. Based on history, Leo estimates that bad debts will be 2% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
Answers
The bad debts expense for the year to be debited will be $600.
Adjusted balance of the Allowance for Doubtful Accounts = Accounts receivable * 2%
Adjusted balance of the Allowance for Doubtful Accounts = $25,000 x 2%
Adjusted balance of the Allowance for Doubtful Accounts = $500
Unadjusted balance of the Allowance for Doubtful Accounts = $100
Amount of bad debt expenses = Adjusted balance of the Allowance for Doubtful Accounts + Unadjusted balance of the Allowance for Doubtful Accounts
Amount of bad debt expenses = $500 + $100
Amount of bad debt expenses = $600
Therefore, the bad debts expense for the year to be debited will be $600.
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Answer:$400
Explanation:
Hi, in my Economics class I was asked the following question but I am not sure how to answer it... we are talking about supply and demand. Could you please help me? Thanks in advance!!
Question: What do you think guides your choices the most?
Answers
In economics, choices are often influenced by a combination of factors, including personal preferences, prices, income levels, availability of alternatives, and information.
Here are a few key factors that can guide choices:
1. Price: The price of a good or service is a significant factor that influences consumer choices. Generally, when the price of a good or service increases, consumers tend to demand less of it, and vice versa.
2. Income: Consumer choices are also influenced by their income levels. Higher income allows individuals to afford more goods and services, expanding their potential demand. Conversely, lower income may limit choices due to budget constraints.
3. Preferences and Taste: Personal preferences and taste play a crucial role in shaping choices. Consumers often select goods and services that align with their preferences, needs, and desires.
It's important to note that individual choices can vary based on personal circumstances, cultural factors, and individual preferences. The factors mentioned above provide a general framework for understanding the influences on choices within the context of supply and demand.
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At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answers
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
In your mirror, you see a car approaching from the rear. The next time you check the mirror, you don't see the car. To change lanes, you should:
Answers
If you no longer see the car in your mirror, you should still take a quick glance over your shoulder in the direction you intend to move to make sure it is safe to change lanes.
This is called a shoulder check or a blind spot check, and is an important step to ensure that there are no other vehicles or hazards in your intended path. Even if you have checked your mirrors and do not see any vehicles behind you, there may still be blind spots that are not visible in your mirrors. By checking your blind spot, you can ensure that there are no other vehicles that you might have missed in your mirrors. Once you have confirmed that it is safe to change lanes, you can signal your intention to change lanes, check your mirrors again, and then make the lane change smoothly and gradually.
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What role do monetarists believe the government should play in the economy?
Answers
Keynesian economists believe that the government and the central bank are the main forces behind economic prosperity, while monetarists believe that government intervention in the economy should only occur on a very limited basis and usually causes more harm than good.
An economy that combines the public and private sectors is known as a mixed economy. But depending on the type of mixed economy, the precise mix of the two can differ greatly. The public sector is superior to the private sector because of its different natures. Only in cases where the government has not forbade it or taken on that role can private exchange occur.
Between free markets and authoritarian regimes are mixed economies. The free market is most frequently linked to undiluted capitalism. Socialism is most closely related to a command economy.
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Would you consider VFITX to be a good investment choice? why or why not.
Answers
A moderate and sustainable amount of current income is the goal of the investment. The fund makes at least 80% of its investment in U.S. Treasury securities, which include Treasury bills, bonds, and notes.
What are Treasury bills?Having a maturity of one year or less, a Treasury Bill (T-Bill) is a short-term obligation of the United States government backed by the Treasury Department.
Typically, $1,000 bills are available for purchase from the Treasury. However, some can place non-competitive bids up to a maximum denomination of $5 million. These securities are frequently viewed as safe and low-risk investment options.
T-Bills are sold by the Treasury Department in auctions that feature both competitive and non-competitive bidding. The price of a noncompetitive bid, sometimes referred to as a noncompetitive tender, is determined by averaging all the competitive offers that were received.
The tangible net worth of T-Bills is typically very high. T-bills are issued by the U.S. government to pay for a range of public works initiatives, including the building of roads and schools.
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Monitoring the competition is important for all the following reasons EXCEPT
a
to keep prices competitive.
b
a similar décor will attract customers.
c
to match competitors’ promotions.
d
to detect weaknesses in competitors’ promotional strategies.
Answers
Answer: The answer is B
Explanation: Took the test
Answer:
B. a similar décor will attract customers.
Explanation:
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to
Answers
Answer: uncertainty about the ability of the issuer to make timely payments of interest and principal
Explanation:
AAA refers to the highest possible rating which can be assigned to the bond of an issuer by the main credit rating agencies. It should be noted that AAA bonds possesses a high degree of creditworthiness.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to uncertainty about the ability of the issuer to make timely payments of interest and principal.
name two methods used to measure inequality of income in a country
Answers
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
What is the naming system developed by carolus linnaeus?.
Answers
Answer:
binomial nomenclature
Explanation:
You can just look it up to prove that it is right
GUYS PLEASE HELP ME!!!!!20 POINTS!!!!
Select the communication type that is being used in the following example.
Two co-workers near the copy machine are discussing the upcoming company meeting.
external formal communication
external informal communication
internal formal communication
internal informal communication
Answers
Answer:
exchange of information between people; the sending and receiving of messages. Communication can be separated into two groups verbal and non-verbal and again into formal or informal communications, an example of verbal and formal meaning communication is being conducted in a professional manner that's direct meaning face to face.
Explanation:
State two reasons why people work
Answers
Answer:
earn money, make a change, fulfill their dreams
Explanation:
Money isn't the only reason why people work it's also for independence and have more control over their own life.
Explanation:
when you work you are also getting more skills and making more friends with people you have meet in you'r job.
Using the bicycle inventory data set, compute the following: a. find the smallest and largest value of the purchase cost and selling price. b. total number of unique suppliers. c. total quantity per supplier. d. total number of different products available for children. e. find the supplier/s whose selling price is greater than $200 and the product category is hybrid.
Answers
The correct answer is d. total number of different products available for children.
Infants need 1,000–1,500 IU per day. 2,500 to 3,000 IU per day for kids aged 1 to 8. 4,000 IU per day for kids aged 9 and above. Rickets in children and osteomalacia (pronounced "os-tee-oh-mah-lay-shee-ah") in adults are both conditions caused by extremely low vitamin D levels, which can result in soft bones.Several fish are examples of meals high in vitamin D. (for example, salmon or light canned tuna). Eggs. Products that are fortified with vitamin D include plain whole cow's milk (for kids over the age of 12), yoghurt, cereal, and various 100% juices.
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A u.S. Manager is upset with the company's overseas representative for paying a small "access fee" to a local customs official to ensure the expedited release of a customer order. The manager's belief such payments are wrong reflects a sense of _____.
Answers
Answer: ethical imperialism
Explanation:
A U.S. Manager is upset with the company's overseas representative for paying a small "access fee" to a local customs official to ensure the expedited release of a customer order. The manager's belief such payments are wrong reflects a sense of ethical imperialism.
Ethical imperialism is used to describe a situation that occurs when an attitude or a code of ethical behavior is being imposed on another society. In ethical imperialism, regardless of one's culture or location, there's one moral standard which is universal.
Exchanging a good or service for money is called
Answers
Answer:
The meaning of the word is Exchange
Explanation:
Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.
Answers
Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.
Explanation:
Which of the following steps is NOT a factor to be considered before making your first investment?
A. Work to balance your budget.
B. Manage your credit card debt.
C. Have access to other sources of cash for emergency needs.
D. Save at least $10,000 to invest.
E. Start an emergency fund.
Answers
he step that is NOT a factor to be considered before making your first investment is D. Save at least $10,000 to invest.
While having savings is generally beneficial for financial stability and security, it is not a mandatory requirement before making your first investment. The other options, A, B, C, and E, are important factors to consider before diving into investments.
A. Work to balance your budget: Before investing, it is crucial to assess your income and expenses, ensuring that you have a balanced budget and sufficient funds to cover your living expenses.
B. Manage your credit card debt: It is advisable to address high-interest debt, such as credit card debt, before investing. Prioritizing debt management helps avoid financial strain and increases your available funds for investment purposes.
C. Have access to other sources of cash for emergency needs: Building an emergency fund is essential. Having readily available cash for unexpected expenses or emergencies ensures that you don't have to rely on investments or incur high-interest debt to cover unforeseen circumstances.
E. Start an emergency fund: Creating an emergency fund acts as a financial safety net. It provides peace of mind and protects your investments from potential liquidation during emergencies, allowing you to maintain a long-term investment strategy.
Remember, the specific amount of savings needed to start investing can vary depending on individual circumstances, risk tolerance, and investment goals. It's always wise to consult with a financial advisor to determine an appropriate investment plan based on your financial situation.
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Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answers
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
douglas pays selena $43,300 for her 30% interest in a partnership with net assets of $127,900. following this transaction, douglas's capital account should have a credit balance of a.$43,300 b.$127,900 c.$12,990 d.$38,370
Answers
Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.
Douglas's Capital account balance
= Net assets x30%
= $127,900 x 30%
= $31,875
Therefore, Douglas's capital account should have a credit balance of $38,370
A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.
The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.
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A POPPET VALVE REQUIRES SEATING WHICH
A. IS PERFECTLY FLAT
B. MANY RESULT IN EXCESSIVE WEAR DUE TO SLIDING ACTIOIN
C. IS CONICAL OR SPERICAL
D. IS NOT SUITABLE IN DIRTY APPLICATIONS
Answers
Option C is the correct answer. A poppet valve is a type of valve used to control the flow of fluids or gases.
A perfectly flat seating surface (Option A) is not suitable for a poppet valve because it would not allow for effective sealing. A flat surface may result in leakages or allow the fluid or gas to bypass the valve when it is closed. This would lead to inefficient operation and potential loss of pressure.
Option B is incorrect because a conical or spherical seating surface actually reduces wear due to sliding action. When the poppet valve is closed, the conical or spherical shape provides a larger contact area between the poppet and the seating surface. This distributes the force evenly, minimizing wear and ensuring a tight seal.
Option D is also incorrect because the suitability of a poppet valve in dirty applications depends on the design and materials used. While a perfectly flat seating surface may be more prone to clogging in dirty environments, a properly designed poppet valve with a conical or spherical seating surface can still function effectively by preventing contaminants from entering the valve mechanism.
In conclusion, a conical or spherical seating surface is necessary for a poppet valve to ensure proper sealing and minimize wear, while flat surfaces are not ideal. The choice of seating surface depends on the specific application and the design considerations of the valve.
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What can happen if you do not pay back money you have borrowed?
A. You can be offered more credit.
B. You can ignore late payment notices.
C. You can be charged penalties and fees.
D. You can get an increase in your credit.
Answers
The answer is C.
Explanation:
So when you have a credit line and you spend money using that credit, you are borrowing money from someone else. You not paying it is the same as not paying back debt. To help keep people from just stealing money there is a system in place to make someone owe more money the longer they don't pay their debt, even going so far as to jail people, sue them, or collect collateral damage to pay the debt.
If the spot rate is CAN$1 = £0.70, and the 30-day forward rate is CAN$1 = £0.80, the Canadian dollar is selling at a(n) ______ in the forward market.
increment
discount
premium
margin
Answers
The Canadian dollar is selling at a premium in the forward market. The 30-day forward rate of CAN$1 = £0.80 is higher than the spot rate of CAN$1 = £0.70. This indicates that the forward market expects the Canadian dollar to appreciate against the British pound in the next 30 days.
In the foreign exchange market, the spot rate refers to the current exchange rate at which currencies are traded for immediate delivery, while the forward rate is the exchange rate at which currencies are traded for future delivery. If the forward rate is higher than the spot rate, it suggests that the market expects the currency to strengthen in the future.
In this scenario, the fact that the 30-day forward rate is CAN$1 = £0.80 means that the market is willing to pay a premium for the Canadian dollar in the forward market. This premium reflects the anticipated appreciation of the Canadian dollar relative to the British pound.
Traders and investors can use this information to make decisions regarding currency exchanges and hedging strategies. However, it's important to note that exchange rates are influenced by various factors and can be subject to fluctuations, so market participants should consider multiple factors and seek professional advice when making financial decisions.
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you+have+a+choice+between+2+mutually+exclusive+investments.+if+you+require+a+15%+return,+which+investment+should+you+choose?
Answers
To choose between the two mutually exclusive investments, calculate their Net Present Value (NPV) using the required 15% return. Select the investment with the higher NPV.
When deciding between two mutually exclusive investments with a required return of 15%, you should use the Net Present Value (NPV) method. NPV is the difference between the present value of cash inflows and the present value of cash outflows. To determine the NPV of each investment, first, calculate the present value of future cash flows by discounting them using the required return rate (15% in this case).
Then, subtract the initial investment from the sum of these present values. Once you have calculated the NPV for both investments, compare the results. Choose the investment with the higher NPV, as this represents a more valuable investment and will yield a greater return on investment, meeting or exceeding your required return of 15%.
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How does pay for Finance workers compare to that of other industries?
It is about the same as most other industries.
It is low compared to other industries.
It is good compared to other industries.
O It is inconsistent with that of other industries.
Answers
Answer:
c
Explanation:
Answer:
c
Explanation:
a financial plan is most influenced by
Answers
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.