Several sources of uncertainty in estimating the cost of a project are Changes in prices over time. Inflation, government policy, market factors.
Methods to handle uncertainty in economy have gained much attention. Not only does uncertainty permeate every aspect of strategy, it also serves as the precise justification for its necessity. Without ambiguity, getting from point A to point B would just require a strategy.
There are many aspects of running a business that you simply have no control over, including the state of the economy, current political affairs, and the behavior of your rivals. However, in the strategy room, uncertainty is rarely taken into obvious and substantial account.
Various strategies to address uncertainty are-
Invest in solutions for agile operationsLook for where there are gaps or opportunitiesBe transparent with your workforceCreate predictability in small dosesTo know more about uncertainty refer:
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discuss the advantages and disadvantages of different ways of distributing project performance information.
Based on the project performance information strategy, the pros and cons of the different ways of distributing project performance information include timely delivery and cost-intensive respectively.
What is project performance information?Project performance information is a term that is used to describe how two or more individuals or entities such as firms create a free flow of communication among stakeholders
Different ways of distributing project performance information include the following:Face-to-Face Communication: is fast and suitable for both individual and group messaging. However, it is costly.Digital Communications: it is considered faster and easier to use. However, there is a risk of data loss.Hard-Copy Communications: it is suitable for creating permanent information. However, it is liable for damage and loss.Conferencing: This is suitable for connecting to various entities at a time. However, it is difficult to get everyone on board at a given time.Hence, in this case, it is concluded that the correct answer is each way of distributing project performance information has its advantages and disadvantages.
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what was the primary motivator for corporate giving, according to the national bureau of economic research? financial. group of answer choices financial philanthropic political influence popularity
Philanthropy is the primary reason for corporate giving, according to the National Bureau of Economic Research.
What is the national bureau of economic research?The National Bureau of Economic Research (NBER) is a private, non-profit, and non-partisan organization that conducts research with the goal of advancing economic understanding. It makes economic research available to academics, businesspeople, and public policymakers.A private, nonprofit research organization, the NBER.New statistical measurements, calculating quantitative models of economic behavior, evaluating the consequences of public policy on the U.S. economy, and forecasting the implications of various policy suggestions are the main topics of research for this study. Research papers from NBER are quickly produced and made available as "working papers." They serve as talking points for economists who are curious about fresh developments in their field.To learn more about the national bureau of economic research refer to the:
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selection is the process of gathering information and deciding who should be hired, under legal guidelines, to serve the best interest of the individual and the organization. group of answer choices true false
False ,Data series is the system of accumulating facts/statistics from unique sources. Job evaluation is the system of accumulating and studying facts approximately the content material and the human necessities of jobs, as nicely as, the context wherein jobs are completed.
This system is used to decide placement of jobs As an HR professional, consisting of an HR manager, you may be liable for coordinating, planning, and overseeing methods which might be vital to organizations, consisting of recruiting team of workers and coping with worker benefits. People who paintings on creation sites, people who installation tele cell smartphone and Internet networks for brand spanking new businesses, or people who most effective paintings all through particular seasons is probably taken into consideration contingent workers.
The choice system includes creating a judgment – now no longer approximately the applicant however approximately the in shape among the applicant and the task with the aid of using thinking about knowledge, skills, abilities, and different traits required to carry out the task choice methods aren't done via trendy styles and steps in this. The system can range from organisation to organisation. Some steps completed and requisite with the aid of using one organisation may be skipped with the aid of using another. Personnel Selection is the methodical placement of people into jobs.
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iven a prior forecast demand value of 1,100, a related actual demand value of 1,000, and a smoothing constant alpha of 0.3, what is the exponential smoothing forecast value? multiple choice 1,130 1,030 1,070 970 1,000
The exponential smoothing forecast value is Option(b) 1,030.
Given in the Question:
Forecast demand value = 1,100
Actual demand value = 1,000
Smoothing constant alpha = 0.3
Now, we will compute the exponential smoothing forecast value:
Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)
Exponential smoothing forecast value = 1,000 + 0.3 x (100)
Exponential smoothing forecast value = 1,000 + 30
Exponential smoothing forecast value= 1,030
Hence, the exponential smoothing forecast value is 1,030.
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the search of airline passengers and the inspection of vehicles and cargo at u.s. borders do not require a warrant because:
A warrant is not required for the search of airline passengers or the examination of cars and cargo at US borders because they are regulatory searches. Thus, the right answer is they are regulatory searches.
What is a regulatory search?A search (sometimes known as a frisk) is undertaken by a law enforcement officer to protect against dangers to safety (such as a concealed weapon) or to avoid the destruction of evidence. regulatory investigation.
In general, a search is an investigation of a person's body, property, or another area that the subject would reasonably expect a law enforcement official to deem private in order to locate evidence of a crime.
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if you have fixed costs of $150,000, variable costs of $10 per unit, and sell your picture frames for $50 each, how many frames would you need to sell to break even?
Formula for Variable Costs. Multiply the cost of producing one unit of your product by the total number of products you have produced to arrive at variable costs.
This is how the formula looks like: Cost per unit x total number of units equals total variable costs.
With variable costs, how is the selling price calculated?Divide the contribution margin per unit by the variable cost per unit.You can calculate your selling price per unit by adding together the variable cost per unit and contribution margin per unit.
What is the formula for variable costing?The formula for variable costing is direct labor costs, direct raw material costs, and variable manufacturing overhead divided by the number of produced units.
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28. the $50,000.00 elaine spent to permanently remove the poisonous mold is: a. punitive damages. b. general damages. c. special damages. d. liquidated damages.
The $50,000.00 Elaine spent to permanently remove poisonous mold is punitive damages.
What are punitive damages?Punitive damages, also known as exemplary damages or exemplary punishment, are financial penalties imposed on the defendant for egregious behavior and/or as a means of reforming or discouraging future such behavior by the defendant and others. Such behavior was the reason for the litigation. In cases where compensatory damages are thought to be insufficient, punitive damages are frequently granted. The court may impose them to stop underpayment of plaintiffs, to allow remedy for hidden torts, and to lessen the burden on the criminal judicial system. Punitive damages are crucial in cases of legally challenging violations. Punitive damages awarded by legal systems that recognize them, however, might be challenging to enforce in jurisdictions that do not.
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on november 1, orange corp. sold goods on account to apple. orange agreed to accept a $40,000, 12%, 3-month interest-bearing note from apple in payment for the goods. the entry required on orange's books on december 31, at the end of the year includes a
the entry required on orange's books on December 31, at the end of the year includes a debit (DR.) to Notes Receivable, $40,000.
What are notes receivable?A bill receivable consists of the "payee" (usually a company, sometimes called a creditor) and the "creator" of the promissory note (usually a customer) in writing or an employee, sometimes also called a debtor). A bill receivable can exist between a company and another party (another company, a financial institution, or an individual). Most often it happens when a customer takes longer to pay for a sale than standard billing terms. Instead of agreeing to a later payment, the recipient charges interest and requires a signed promissory note for legal reasons. A cash advance to an employee, where the company requires the employee to sign a promissory note, is another way to obtain a promissory note. Bills receivable have a higher probability of payment than easy credit purchases called accounts receivable. This is by means of a signed promissory note, which can be presented as evidence in court proceedings. In addition, bills receivable may be sold to third parties. By reducing outstanding "bad debt", collecting interest income, and facilitating contract sales, bills receivable are a tool for improving cash flow.For accounting purposes, the payee records the bill receivable as an asset on its balance sheet and the related interest income on its income statement. The portion of the bills receivable that is repaid within one year is classified as current assets and the remainder is classified as non-current assets.To know more about notes receivable refer to:
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am's boss asked him to compile sales figures for the past three years, william pulled together the information and turned it over to his boss. after several days of not getting any feedback from his boss, william worried that he hadn't done a good job in presenting the information. william is demonstrating:
After several days of not getting any feedback from his boss, William worried that he hadn't done a good job of presenting the information. William is demonstrating low self-esteem.
For an organization to have success and recognization diversity and inclusion are quite important. To recognize an individual, value an individual, respect individuality, and furthermore, make use of the different perspectives make an organization head towards prosperity and success. Organizations make this possible by embracing diversity, introducing new opportunities, and encouraging employees to participate further.
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this extreme form of national identity is characterized by placing primary emphasis on a particular country's or people's interests, oftentimes at the expense of governance and peace. which cause of world war one is this?
The existence governance of elements from the "common points" in people's daily lives immediately results in a person's national identity: Citizenship national symbols, languages, colors, nation's history, blood links, culture, music, food, radio, television, and so on.
Citizenship is both a legal position and a sense of identity. Thus, citizenship has an objective dimension: certain rights and obligations that a state bestows on its inhabitants, as well as a subjective dimension: a sense of governance loyalty and belonging. Shulman's three basic elements (civic identity, cultural identity, and ethnicity) and their underlying components are the building blocks of a national identity, but their relative weight is not predetermined.
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bill purchased a used automobile in the current year for $78,000 that will be used 100% for business. assuming that the mid-quarter convention did not apply, what is the amount of depreciation he is allowed to take in the second year of the asset's life, assuming he elected not to take bonus depreciation in the first year?
Assuming that the mid-quarter convention did NOT apply, the amount of depreciation he is allowed to take in the second year of the asset's life, assuming he elected NOT to take bonus depreciation in the first year is $16,000.
What is depreciation amount?The accounting technique of spreading out the cost of a tangible asset over its useful life is known as depreciation. The amount of depreciation shows how much of an asset's value has been utilized. By purchasing assets over a predetermined period of time, it enables businesses to generate income from the assets they own.
Depreciation is the systematic reduction of a fixed asset's recorded cost over time, until the asset's value is zero or insignificant, according to accounting terminology. Buildings, furniture, office supplies, machinery, etc. are examples of fixed assets.
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a sales compensation plan involving a combination of salary plus commission on net sales is popular because it:
A sales compensation plan involving a combination of salary plus commission on net sales is popular because it: Offers some of the advantages of a salary plus the incentive and flexibility features of a commission.
What is a sales compensation plan?
An organized method for calculating a sales representative's pay based on performance is called a sales compensation plan. It contains information on all facets of a salesperson's income, including basic pay, commission, incentives, and perks. A payment package known as a compensation plan is made to entice and keep employees. A salary or pay is the only component of a basic remuneration package. Additional advantages like bonuses, incentives, commissions, health insurance, or retirement investments may be part of a more comprehensive package of benefits. Compensation may also be given as a reward for outstanding work output. Bonuses, commissions, shares, profit sharing, and gain sharing are a few examples of these schemes.
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at a departmental meeting, stella's manager described an issue and asked for a volunteer to figure out a solution. stella had previously encountered similar issues and was confident she could solve the problem, so she accepted the responsibility. stella's behavior was influenced by
At a departmental meeting, Stella's manager described an issue and asked for a volunteer to figure out a solution.Her behavior was influenced by self efficiency.
Volunteers are people who give their time, labor, and expertise for free. Volunteers frequently work for schools or non-governmental organizations (NGOs), where they are typically trained and report to designated senior staff.
Volunteering requires you to be selfless and only think about how you can make a difference. Great volunteers recognize this and are eager to do everything in their power to effect positive change. When working as a volunteer, it is critical to remain humble about your previous accomplishments and skills.
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julia purchases a new piece of equipment for her business. the equipment was purchased for $65,000 and is expected to generate the following cash flows at the end of each year for the next seven years: $14,000 (year 1), $19,000 (year 2), $21,000 (year 3), $21,000 (year 4), $16,000 (year 5), $11,000 (year 6), and $9,000 (year 7). assume the equipment can be sold for $10,000 at the end of seven years and julia's required rate of return is 9%. what is the net present value of this investment? select one. question 4 options: a. $20,635.27 b. $21,828.55 c. $22,280.23 d. $23,957.29
When Julia invests in a new piece of equipment for her company, the net present value of this investment is $22,280.23.
What are supplies and machinery?Equipment and Materials refers to all supplies, tools, spare parts, construction utilities, instruments, appliances, machinery, equipment, parts, tools, special tools, components, and appurtenances needed for the design, construction, or operation of the complete Project in line with
What are resources for equipment?They are tools that support an organization's daily operations, facility maintenance, and revenue generation. Water heaters, air conditioners, refrigerators, tractors, automobiles, and many more goods fall under the category of equipment.
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what explanation best characterizes post-scarcity economics? a. technological advancements such as robotics measn that people are free to prusue their hobbies. b. increasing wealth has satisfied material needs, so aesthetic needs become more prominent. c. humans have perfected the fundamental mechanism of the economy so that only individual drive determines one's success. d. a surplus of wealth leads to a willingness to a more equitable distribution of that wealth.
The explanation that best characterizes post-scarcity economics is option A. technological advancements such as robotics means that people are free to pursue their hobbies.
The increasing automation of physical labour by robots in the more immediate future is frequently proposed as a way to create a post-scarcity economy. Given the right instructions, the required raw materials, and the appropriate energy, these shapes open the door to the possibility of systems that can mechanically make any specified commodities. Thus, option A proves to be the right choice.
In a hypothetical post-scarcity economy, the majority of commodities can be produced in vast quantity with little human effort required, making them widely accessible to everyone for very low prices or even for free.
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14.3 what is the difference between the risks taken by a construction lender and those taken by a permanent lender?]
Long term/permanent lenders are exposed to market risk while construction lenders take on execution risk.
Market risk is the probability that an individual or other entity will suffer losses as a result of factors affecting the overall performance of financial market investments. Market risk, also known as systematic risk, impacts the performance of the entire market at the same time. Diversification will not remove market risk. Certain risk, also known as unsystematic risk, is associated with the performance of a specific security and can be minimized through diversification.
Changes in interest rates, exchange rates, geopolitical events, or recessions can all cause market risk. The two major types of investing risk are market risk and particular risk. Market risk, also known as "systematic risk," cannot be removed by diversification, although it can be mitigated in various ways. Recessions and political unrest are two sources of market risk.
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evidence suggests that on average, individual investors who engage in excessive trading subsequently earn inferior returns. the excessive trading by individual investors is consistent with which of the following behavioral biases? evidence suggests that on average, individual investors who engage in excessive trading subsequently earn inferior returns. the excessive trading by individual investors is consistent with which of the following behavioral biases? overconfidence anchoring representativeness conservatism
Evidence suggests that individual investors engaging in excessive trading subsequently earn inferior returns. The excessive trading by individual investors is consistent with overconfidence bias.
Overconfidence bias occurs when investors believe that they have superior skills, experience, and expertise over their competitors. Because of this overconfidence bias, investors often end up investing in multiple trades claiming that they know which trade will be successful and which will not.
Investors often end up suffering loss and ethical issues too as they tend to take up the trade lightly due to overconfidence bias. Overconfidence bias leads to excessive trading and low returns due to increased investment in trades.
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stanziano construction needs a backhoe to complete a project. if it pays hofmann rentals for temporary use of the equipment, the transaction will be governed by
To finish a job, Stanziano Construction needs a backhoe. If it pays Hofmann Rentals for the short-term use of the equipment, Article 2A of the UCC will apply to the transaction.
What is covered by Article 2 of the UCC?The UCC's Article 2 exclusively applies to goods. Real estate and secured transactions are not considered to be goods. They do not contain securities or commercial paper. Unborn animals or underground minerals are examples of goods, which are tangible objects that may be moved.
Who is covered by UCC Article 2?The sale of commodities between merchants or between a merchant and a non-vendor is covered by UCC Article 2. As a result, while entering into a business or commercial transaction, merchants are expected to adhere to a set of standards of behavior. Non-merchant transactions are not covered by Article 2 UCC.
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which pair of events illustrates an accurate cause-and-effect relationship? question 33 options: sacco and vanzetti trial ratification of the woman suffrage movement red scare demand for limits on immigration rebirth of the kkk formation of the populist party high food prices start of the great depression
Events illustrates an accurate cause-and-effect relationship---Red Scare demand for limits on immigration
Option B is correct.
Why is cause and effect important?Understanding cause and effect helps scholars know what happened in the story as well as why it happened is important. It's also a precious life skill because this is how we learn to understand the consequences of our conduct. A cause is an action or event that happens and results in another event or action passing.
What changed in Great Depression?Lasting nearly 10 times( from late 1929 until about 1939) and affecting nearly every country in the world, it was marked by steep declines in artificial product and in costs( deflation), mass severance, banking panics, and sharp increases in rates of poverty and homelessness.
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ironman inc. sponsors a triathlon race and advertises a prize of $50,000 to the winner. bruce enters the competition and wins, but ironman inc. only pays him $10,000. did ironman breach a valid contract with bruce?
yes, ironman breach a valid contract with bruce by paying bruce $10000 instead of $50000. The actual deal is to pay $50000 to the winner of the triathlon race competition.
A triathlon is an endurance multisport competition that combines running, cycling, and swimming over a variety of distances. Triathletes race each segment sequentially, with the time passing between the included disciplines, competing for the quickest overall completion time. The sport was created in Southern California by sports clubs and individuals in the late 1970s. Because of its history, the sport has undergone and continues to undergo change.
The mutual rights and obligations of the parties to a contract are established, clarified, and governed by law. A contract usually entails the transfer of products, services, cash, or a promise to transfer any of those things at a later time.
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amanda is considering using psychographics to segment the market for her dog-sitting business. this approach to segmentation offers her an advantage because
Using psychographic segmentation is advantageous as it will allow Amanda to better customize her products, services, and even her branding campaigns to the targeted customers.
Using powerful marketing techniques, psychographic segmentation divides potential customers into groups based on traits like their personalities, passions, beliefs, socioeconomic class, and lifestyle. It provides a more complete picture of the audience and provides information on their purchasing behavior.
This enables marketers to create goods, services, and marketing plans that are tailored to the unique requirements of their target market. This would also allow the marketers to allocate their resources in a more effective manner.
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On august 1, , , inc. , sold equipment and accepted a six-month, %, note receivable. year-end is december 31. How much interest revenue should accrue on december 31, ?.
The correct answer to the given question is $1875. Interest revenue is an entity's earnings from any investments it makes or on the debt it owns.
Interest revenue includes a different, which means reckoning whether or not the accounting system or accounting is employed.
Given that,
Amount of note = $50,000
Time period = 6 months
Interest rate = September 11
Interest amount:
= Principle quantity × rate × period
= $50,000 × 0.09 × (6/12)
= $2,250
Interest increased from 1 August- 31 August Gregorian calendar months:
= (Interest quantity ÷ 6 months) × 5 months
= ($2,250 ÷ 6 months) × 5 months
= $375 × 5 months
= $1,875
Interest revenue represents the quantity of interest an organization attained throughout a selected period.
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james purchased a new business asset (three-year personalty) on july 23, 2018, at a cost of $40,000. james takes additional first-year bonus depreciation but does not elect section 179 expense on the asset. determine the cost recovery deduction for 2018.
Additional first-year depreciation ($40,000 × .50) $20,000 MACRS cost recovery ($20,000 × .3333) 6,666 Total cost recovery $26,666.
In accountancy, depreciation is a time period that refers to 2 components of the same idea: first, the actual decrease of honest cost of an asset, consisting of the decrease in value of manufacturing facility equipment every 12 months as it's far used and wear, and 2d, the allocation in accounting statements of the unique value of the belongings to intervals wherein the assets are used (depreciation with the matching principle). Depreciation is accordingly the decrease in the price of belongings and the technique used to reallocate, or "write down" the price of a tangible asset (which includes a system) over its useful life span. Companies depreciate long-time period belongings for each accounting and tax purposes.
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A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?.
A firm producing a good is more likely to have quality standards that are objective, a tangible product, and located away from customers
The term "goods" refers to a tangible commodity or product that can be delivered to the customer. It entails transferring ownership and possession from the seller to the buyer. On the other hand, services refer to intangible activities that are separately identifiable and satisfy wants.
Firm producing goods :
A firm combines its production factors to create goods or output. The total amount of work produced by the firm, or the firm's total product, is determined by the quantities of factors purchased or employed by the firm.
Firm providing services :
Professional services firms can be found in a variety of industries. Lawyers, advertising professionals, architects, accountants, financial advisers, engineers, and consultants are a few examples. Essentially, they can be any organization or profession that provides clients with customized, knowledge-based services.
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the francis brothers are planning to open an auto parts store together. they would like to structure their business such that each brother is only responsible for debts up to the percentage of his interest in the store. which type of ownership should the francis brothers pursue?
Answer:
limited liability partnership
Explanation:
total deposits 10,000 and total reserves 10,000. the legal reserve requirement is 10 percent. what is amount required by this bank to keep
This bank is obligated to keep 1,000.
According to the given question,
Total deposits = 10,000
Total reserves = 10,000
Legal reserve requirement = 10 percent
We know that,
Initial deposit = Total deposit × LRR
Initial deposit = 10000 × 0.1
Initial deposit = 1000
Therefore, amount required by this bank to keep is 1000.
In the world of finance, money stored in a bank is referred to as a deposit. A deposit is a transaction in which money is delivered to another party to be kept safe. A percentage of money used as security or collateral for the delivery of an item may also be referred to as a deposit.
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in a market system, which of the following will eliminate high-cost producers and allow only the low-cost producers to survive?
In a market system, of the following will eliminate high-cost producers and allow only the low-cost producers to survive competition.
What principal mechanism controls the functioning of the market system?The market system's regulation mechanism is competition.
Which qualifies as a market system characteristic?The role of a limited government is one of the most crucial elements of a market economy, also known as a free enterprise economy. Instead of the government, buyers and sellers make the majority of economic decisions. A market economy that is competitive encourages resource management that is effective.
Why are businesses driven to reduce production costs?Because of the threat of higher-cost producers being driven out of the market by competition, businesses are driven to reduce production costs. Employees and suppliers are typically protected against danger under a market system, but at the expense of not sharing in the company's earnings.
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personal wellness angela has been working for a local small business called personal wellness for the last three years. it is a retail business that sells sporting goods equipment. when she started to work there, she noticed several things that were possibly the cause of the business not doing as well as it hoped. angela has been thinking of starting her own small business because she feels she has learned much through working for personal wellness. angela's manager asked her to create a business plan for personal wellness. the manager hoped that this plan would put things into perspective to help the company do better. after creating the plan, angela suggested that personal wellness contact a group of senior and graduate students to provide management counseling for the company. angela wants to make sure that her leaving does not become the cause of the company going under. refer to personal wellness. when angela suggested that the company contact a group, what type of group was she referring to?
Angela has been working for a local small business called personal wellness for three years, and when she suggested that the company contact a group, she was referring to government regulations.
A company is a legal entity that represents an association of people, whether natural, legal or a combination of the two, with a specific goal. Members of a company work together to achieve specific, stated goals.
Unlike a typical mission statement, the company purpose seeks to address the primary reason why the business does what it does.
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what is the most important message this customer is trying to convey?he is an important photographer.he is having financial problems.he urgently needs his chemical order.
The most crucial message, that the customer needs his chemical order immediately, is being attempted to be conveyed by this. The right response in this case is option C.
Unmet needs are what prompt customers to purchase a product or service. The ultimate deciding element in which solution the consumer chooses to acquire can be either a known or unidentified requirement.
Typically, a consumer's demands represent their desired preferences for particular methods of meeting needs. Because of this, customers frequently look for particular products, brands, or services to satisfy their needs in a particular way. If someone is thirsty but also in the mood for something sweet, they might pick a Coke.
The majority of business concepts are born when an entrepreneur recognizes a demand for a good or service.
Complete question:
you work as a salesperson for spectrum color, a chemical manufacturer, which keeps you very busy. your customers are photographers who use spectrum's products to create professional images for publication. They are usually a friendly clientele. today, however, customer Jesse Adamson is upset when he calls to inquire about his order. Jesse says he will miss his deadline if he doesn't receive his order right away. He threatens to stop using spectrum color if the company does not meet his demand and fills his order immediately. what is the most important message this customer is trying to convey?
A - he is an important photographer.
B - he is having financial problems.
C - he urgently needs his chemical order.
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Compared to marketing channels for consumer products, business channels exhibit what two characteristics?.
The 2 characteristics of business channels; The channel tends to have confidence in one intermediator or none.
The channel is usually shorter.
Inter- manner "among, among," associate degree intermediator is somebody WHO actions to and fro within the middle location between 2 sides—a "cross-between." Treater (which stocks the medi- root) is usually a word, and then is a facilitator; broking and agent square measure often others.
An intermediator may be a third party that offers intervention offerings between events that involve transfer messages between principals in an exceeding dispute, stopping a direct bit and capability increase of the matter.
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