Retailers can close a communication gap and improve the quality of customer service by being more realistic about the services they can provide.
How to improve customer service?There are a number of measures and techniques that can be used to provide a quality service. Ideally, at all stages of the sales process, attention should be paid to the consumer's needs, in addition to an adequate professional who is willing to listen to him and provide him with the best solution.
Therefore, by being honest and realistic with the consumer, the organization can positively change its image to a more reliable company, generating value and consumer loyalty.
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the titan retires a $25.6 million bond issue when the carrying value of the bonds is $22.8 million, but the market value of the bonds is $28.5 million. the entry to record the retirement will include:
The solution is a $6.1 million debit to a loss account.
A loss account will be debited by $5.7 million. The term "market value" is also frequently used to describe a publicly traded company's market capitalisation.
The solution is a $6.1 million debit to a loss account.
To determine this:
The market value of the bonds ($28.5 million) is deducted from the carrying value ($22.8) of the bonds.
Carrying value, $22.8 million, less the $28.5 million in cash used to repay the bonds
= $28.5-$22.8
= $5.7 added to the loss account.
The term "market value" is also frequently used to describe a publicly traded company's market capitalization, which is derived by dividing the number of outstanding shares by the current share price.
Since the market prices of exchange-traded instruments, like stocks and futures, are widely known and easily accessible, determining market value for them is easiest. However, determining market value for over-the-counter instruments, like fixed income securities, can be a little more difficult.
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conducting a postaudit blank . multiple select question. provides an opportunity to cut losses on floundering projects provides an opportunity to reinforce and possibly expand successful projects determines which capital project should be selected for investment
The payback technique calculates how long it will take to "pay back" or make up the initial expenditure.
What does payback period mean?The time it would take for an investor to recoup the initial investment in a project is known as the payback period. It's closely related to the investment's break-even point.Payback period is a quick and simple way to evaluate investment opportunities and risk, but payback period is expressed in years rather than units like a break-even analysis is. The investment would be more appealing if the payback period were shorter because it would take less time to break even.Businesses use the payback period to determine the rate of return on any new asset or technological upgrade, not just in the financial sector. For instance, to determine whether installing solar panels is a cost-effective move, a small business owner could compute the payback period.To Learn more About payback technique refer to:
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which of the following would be the best starting point on which to focus if an air conditioner manufacturer wants to look at its total costs of production in the short run?
Subtract the variable costs of production from the total output would be the best starting point on which to focus if an air conditioner manufacturer wants to look at its total costs of production in the short run.
Total cost in economics comprises the total opportunity cost of each production factor as part of the its fixed or variable costs. The marginal cost is the additional total cost of producing one more unit. Labor cost, raw materials, consumable manufacturing supplies, and general overhead can all be included in production costs.
The cost of production, also known as the cost price or production costs and can be calculated by adding only those direct and indirect costs of the a manufacturing unit. Here is a formula for calculating production costs. Total cost of production = Labor cost raw material costs, i.e. manufacturing overhead costs.
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What is education, what is training?
Education is a process in which one learns to discover and generate new knowledge. Training is a process that aims at acquiring specific skills to be implemented with certainty at the end of the process.
Education refers mainly to the transmission of knowledge. It is defined as the systematic process of learning something to acquire knowledge. Acquiring knowledge can be based on learning theories, concepts, facts, etc. It is usually considered for the long-term and in a theoretical sense.
Training means learning to thrive and implement a specific skill to fulfill a role competently. It is usually considered short-term and practical sense.
The purpose of training is to improve performance and productivity in specific tasks. At the same time, education pursues to development of a sense of reason and judgment for all kinds of professional or personal life situations.
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TRUE/FALSE. if a password consists of ten characters, it would take a human about 4.5 years to guess the password if the human makes one try each second.
If a password consists of ten characters, it would take a human approximately four. five years to bet the password if the human makes one strive each 2nd. false.
The human, a culture-bearing primate categorized in the genus Homo, particularly the species H. sapiens. people are anatomically similar and associated with the brilliant apes but are prominent by a more rather evolved brain and a resultant potential for articulate speech and abstract reasoning.
Humans are the maximum ample and giant species of primate, characterized by means of bipedalism and notable cognitive talents due to a massive and complex mind. This has enabled the improvement of advanced gear, subculture, and language. Homo sapiens, the primary contemporary humans, evolved from their early hominid predecessors between 200,000 and 300,000 years in the past. They developed an ability for language approximately 50,000 years ago. the primary contemporary human beings began shifting outdoors in Africa starting approximately 70,000-100,000 years in the past.
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Which of the following may not characterize an oligopoly?
A. A few firms
B. No market power
C. High barriers to entry
D. Substantial control over price
Answer: B. No market power
No market power may not characterize an oligopoly. Hence, option B is correct.
What is No market power?When a business lacks market dominance, its products are frequently remarkably comparable to those of its competitors. Thanks to this, customers may now easily switch from a company's product to another's.
The ability of a firm or group of enterprises to raise and maintain prices above the level that would prevail in the absence of competition is known as market or monopolistic power. Utilizing market power reduces productivity and harms the economy.
Thus, option B is correct.
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cumulative preferred stock can be purchased by anyone, but it is more likely that someone over 50 would be interested in such an investment. true false
True, cumulative preferred stock can be purchased by anyone, but it is more likely that someone over 50 would be interested in such an investment.
A type of preferred stock known as cumulative preferred stock has a clause stipulating that dividends must be paid to cumulative preferred owners first if any past dividend payments have been missed. Dividend payments must be made prior to other classes of preferred stock shareholders and common stockholders. The terms cumulative preferred stock and cumulative preferred shares are also used. This class of shareholders will get payment before holders of other classes of preferred stock and holders of common stock.
In contrast to non-cumulative preferred stock, which does not issue omitted or unpaid dividends, shareholders of cumulative preferred stock simply miss out on any dividends that are not paid in a given quarter or year.
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When considering investment properties there are rewards as well as risks. Which of the following is NOT categorized as either a risk or a reward?A. Leverage. Using other people's money.B. Liquidity. How fast the property can be sold.C. Basis. This is an income tax term relating to the property's current worth.D. Equity buildup.
Leverage is not categorized as either risk or a reward.
What is Leverage?Leverage, as used in the finance industry, is any tactic that involves taking out loans to fund purchases while anticipating future profits that will be several times bigger than the cost of borrowing. Leverage is a tactic that transforms a modest input force into a significant output force. It is so effective at turning the relatively tiny sum of money needed for borrowing into significant amounts of profit that it is named after the lever in physics. The disadvantage of the approach is the serious risk of being unable to repay a substantial debt. A lender will typically put a limit on the amount of risk it will accept as well as the level of leverage it will allow.
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which factor significantly differentiates companies with the least amount of returnee attrition from those with the highest attrition?
The factor that significantly differentiates companies with the least amount of returnee attrition from those with the highest attrition is personal career planning for expatriates. The Option B is correct.
What Is an Attrition in Business?The term "attrition" means the gradual but deliberate reduction in staff numbers that occurs as employees leaves a company and are not replaced. It also describe the downsizing of firm's employee pool by human resources (HR) professionals.
But in this case, the downsizing is voluntary as the employees either resign or retire and aren't replaced by the company.
Missing options "A. Specialized expatriate department B. Personal career planning for expatriates C. Continued cultural training D. Protection from work councils E. Family migration planning"
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as the price level rises, the cost of borrowing money willfall , causing the quantity of output demanded tofall . this phenomenon is known as the effect.
The EXCHANGE RATE effect is a term used to describe this occurrence. Consumers need less money to buy a particular basket of goods and services when the price level of the economy declines.
How does interest impact a situation?The borrowing and spending patterns that emerge after an interest rate modification are known as the interest rate effect.Consumer purchasing power reduces, credit demand increases, interest rates rise, the amount of debt-financed borrowing declines, and real GDP demand declines when prices are lower.a table or curve that displays the overall volume of products and services demanded (bought) at various price points. When prices are higher, the amount of real GDP demanded declines; when prices are lower, the quantity of real GDP demanded rises. 25 words were just studied by youDemand-pull inflation occurs when the overall demand rises while the supply either stays the same or declines. Prices for products and services rise when supply cannot keep up with rising demand.To learn more about GDP refer to
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what guidance does the codification provide on the accrual of costs associated with planned major maintenance activities?
Minor maintenance tasks that must be completed must be documented when they are incurred in the books. Cash basis is used to record small expenses.
The required details for expenses in given paragraph
An cost is the value of operations that a enterprise incurs to generate revenue. It is in reality described because the value one is needed to spend on acquiring something. As the famous pronouncing goes, “it expenses cash to make cash.”
Planned significant maintenance actions in Step 2 of 3
Major maintenance tasks typically take years to complete. As a result, the Major Maintenance Reserve Account is established.
The Major Maintenance Reserve Account must be established in accordance with the criteria.
Step 3 of 3 Codification-provided Direction
The codification mandates that major maintenance tasks that are known ahead of time must be recorded.
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Complete question
What guidelines does the Codification offer for the accrual of costs related to planned major maintenance activities? (Step 1 of 3) What is the reference for the Codification (ASC)?
managers should be aware that budgets can have which of the following negative effects on employees? (select all that apply.)
Managers should be aware that budgets can have Increase stress ,limit individual freedom negative effects on employees.
Employee empowerment comes from taking part in the budgeting process and taking ownership of their financial performance. According to research, people perform better at work when they have goals they can actually reach. This increases productivity and lowers turnover while also gratifying some of Maslow's higher-order requirements.
A manager's success or failure is judged by the budget, which is a financial plan that forecasts predicted future cash flows into and out of the company. A budget is often created ahead of time, generally a year, but it could also be monthly or quarterly.
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by the mid-eighteenth century, what obstacle threatened the economic growth of some countries in asia and western europe?
By the middle of the eighteenth century, soil depletion and deforestation was now a threat to the economic and social development of some countries in Western Europe and Asia.
What is the primary reason for the soil's depletion?
Farming, industrial, and commercial pollution, loss of arable land owing to urbanization, overgrazing, and unsustainable agricultural methods, and long-term climate changes are all factors that contribute to soil degradation.
What and why did Europe lose its forests?
Industrial farming
Europe's deforestation started in the 1700s and 1800s when trees were felled for shipbuilding and as fuel.
The primary cause of forest loss is the conversion of forests into crops. It is primarily responsible for oil palm and soybean production, which, according to the UN Food and Agriculture Organization, accounts for at least 50% global deforestation .About 40% of the world's deforestation is caused by livestock grazing.
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reserves are controlled by the project manager and the owner of the project and are used to cover major unforeseen risks to the entire project.
The management reserve, which is under the responsibility of the project manager and the project owner, is used to cover significant unanticipated risks to the overall project.
What is the management reserve?The portion of the project budget set aside in the management reserve is for unanticipated work that falls under the project's purview. The final project budget is created by adding the management reserve to the cost baseline.
Unforeseen risks are covered by the management reserve, which is applicable to the entire project.
The owner, the project manager, or upper management typically have control over these reserves. Management reserves are separate from the budget.
The cost baseline for the management reserve is often increased by 5 to 10% in order to estimate the management reserve.
The project manager would determine the management reserve as $6,050 (or $121,000 × 5%), assuming a cost baseline of $121,000 and a 5% management reserve.
Therefore, the management reserve, which is under the responsibility of the project manager and the project owner, is used to cover significant unanticipated risks to the overall project.
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characteristics of market-responsive supply chains include all of the following except blank. question 6 options: flexibility emphasized over cost low factory utilization functional products fast and expensive modes of transportation
Characteristics of market-responsive supply chains include functional products.
Option C is correct .
What is a market-oriented supply chain?A responsive supply chain is defined by its responsiveness, so it takes a high level of surplus capacity is required.
What is a market-oriented process?A physically efficient process efficiently delivers predictable demand at the lowest possible cost. Market-driven processes, on the other hand, respond quickly to unpredictable demand and minimize out-of-stocks, forced markdowns and obsolete inventory.
How to develop a responsive supply chain?Companies can use range forecasts to enter into flexible contracts with suppliers and manufacturers. Flexible contracts not only support process integration, but also define ranges of acceptable supplier performance, giving companies the flexibility to start or stop production in response to fluctuating demand.
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What are 3 things to consider when opening a savings account?.
Initial deposit, Minimum balance requirements, and Account fees are three items to think about while creating a savings account.
What is Initial deposit?When opening an account with a financial institution, like a bank or brokerage firm, a minimum deposit, also known as an initial deposit, is the bare minimum of funds needed. Three things to consider when opening a savings account are the initial deposit, the minimum balance requirements, and account fees. Some financial institutions have minimum deposits and balance requirements in order to make money, pay overhead costs, and make loans. An empty account might be viewed by a bank or credit union as more trouble than it's worth. For a BPI ATM savings account, a P500 opening deposit is necessary. Upon account opening, this amount will be "on-hold" or restricted from withdrawal for one month.To learn more about Initial deposit, refer to:
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What are the 4 essential parts to creating a business plan?.
All business plans need to have the executive summary, marketing plan, key management bios, and financial plan sections.
What is the 4 must-have elements of a business plan?Having developed and evaluated hundreds of business plans, I believe there are four essential elements that are utilized in almost all cases and are supplemented by other sections as necessary depending on the situation (which is why we looked at all the sections of a business plan above).A simple business strategy should include these four key sections:Brief summaryA marketing strategyVital management biosBudgetary strategyLet's now take a closer look at each of these crucial sections of the business plan.Important Elements of a Business Plan : There could include a table of contents, information on the company's history, market opportunities, management summaries, competitive advantages, and financial highlights. It's probably easier to write the detailed sections first, and then produce the executive summary by separating the best parts.To Learn more About business plans refer To:
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one strategy that fis may employ to reduce exposure to interest rate risk is to match the maturity of their with the maturity of their .
Although maturity matching may lower a FI's exposure to interest rate risk, it may also lower the profitability of the institution.
What does maturity-matching entail?The life of an asset and the length of the loan used to finance it should be roughly comparable, according to the maturity matching principle. A company's assets fall into two types. NWC, which is the difference between current assets and current liabilities, is the first category.
This is the net investment that corporations make in current assets (mainly inventory and accounts receivable) in a manufacturing or retail operation that is not covered by current liabilities (primarily accounts payable).
The second group is long-term assets, which include all the things a business requires to run, such as land, buildings, equipment, intangibles, and other assets. These two asset types are both crucial to a corporation and call for finance.
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demand for gasoline (in hundreds of liters) at a particular station, as a function of the price of gasoline and the price of bus travel, is qd
The demand for gasoline at a particular station is 0.08.
The cross elasticity is 303
To calculate the cross-price elasticity of the quantity demanded of gasoline with respect to the price of bus travel, we should first calculate the quantity of gas demanded:
300 - 14(1.5) + 2(12) = 303
Gasoline is a fuel crafted from crude oil and different petroleum liquids. Gasoline is specifically used as an engine gas in automobiles. Petroleum refineries and blending centers produce motor gas on the market at retail gasoline fueling stations.
Gasoline is a combination of many unique hydrogens- and carbon-containing chemical substances (hydrocarbons). An ordinary gasoline aggregate incorporates approximately 150 exceptional hydrocarbons, together with butane, pentane, isopentane, and the BTEX compounds (benzene, ethylbenzene, toluene, and xylenes).
Gas is especially used as engine gasoline in cars. Petroleum refineries and blending facilities produce motor gas on the market at retail gas fueling stations.
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FILL IN THE BLANK. amazon creates many utilities for its customers, but perhaps the most valuable utility for consumers is___, the utility created by having the offerings available where consumers need it, on amazon.
Amazon creates many utilities for its customers, but perhaps the most valuable utility for consumers is place, the utility created by having the offerings available where consumers need it, on Amazon.com.
What is Amazon?A worldwide technology business based in the United States, Amazon.com, Inc. is heavily invested in digital streaming, cloud computing, online advertising, and artificial intelligence.
Amazon.com is a sizable online retailer that offers a variety of products directly to its millions of clients as well as acting as a middleman between other businesses and Amazon's clientele.
In conclusion, Amazon not only acts as an online shop but also enables individuals and companies to advertise and sell goods online.
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For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment.
Group of answer choices
True
False
True. For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment.
The discounted cash flow (DCF) analysis is a method in finance of valuing a security, project, company, or asset using the concepts of the time value of money. Discounted cash flow analysis is widely used in investment finance, real estate development, corporate financial management and patent valuation. For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment.
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in which stage of the product life cycle are expenses highest? group of answer choices growth introduction maturity decline
The answer is stage 4 of the Product Life Cycle – Stage of decline 1 product, 10 competitors, minimum profits, a huge amount of manpower and resources in use – A typical scenario that a product might face in its last stage. In this stage the expenditures begin to equal the profits or worse, expenses are more than profits.
the scope of article 230 covers service conductors and equipment for control and protection of services and their installation requirements.
The scope of article 230 covers service conductors and equipment for control and protection of services and their installation requirements. Services is the answer.
A provider is an "(intangible) act or use for which a patron, company, or government is inclined to pay." Examples include work done through barbers, doctors, attorneys, mechanics, banks, coverage agencies, and so on. Public services are people who society (country state, monetary union or region) as a whole can pay for.
Services are essentially intangible activities which are separately identifiable and offer the pleasure of needs. We can't maintain it in stock. Their purchase does not result in the ownership of something physical. offerings contain an interplay to be realised among the service company and the purchaser.
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to improve the performance of employees, a company provides recognition and monetary benefits to those employees whose performance exceeds expectations. this strategy can motivate some employees to perform better. this is an example of a(n) strategy.
To improve the performance of employees, a company provides recognition and monetary benefits to those employees whose performance exceeds expectations. this strategy can motivate some employees to perform better. this is an example of a strategy called compensation.
Compensation refers to monetary payment given to an individual in exchange for their services. In the workplace, compensation is what is earned by employees. It includes salary or wages in addition to commission and any incentives or perks that come with the given employee’s position.
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Residents from five districts of a city were asked whether they were in favor of a city proposal to create new bike lanes in the roads. The following bar chart shows the relative frequency in each district of those who responded that they were in favor of the proposal. Which of the following statements is supported by the bar chart?
The majority of residents in District 2 support the proposal. District 2 has the highest bar (about 71%), and the bars represent percentages.
What is qualitative data ?Information that cannot be measured, counted, or simply expressed in terms of numbers is referred to as qualitative data. It is gathered from text, audio, and visual sources and disseminated using data visualization tools like word clouds, concept maps, graph databases, timelines, and infographics. Analyzing qualitative data aims to provide answers to questions regarding the actions people take and the reasons behind those actions. Because it requires the analyst to reflect, gathering and processing this type of data can take a while. A qualitative researcher or qualitative analyst is someone who deals with qualitative data.Software for qualitative data analytics (QDA) is used in many research areas, including healthcare, business, and marketing.Qualitative data is also referred to as categorical data in statistics.To Learn more About qualitative data refer to:
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certain balance sheet accounts of a foreign subsidiary of orchid company have been stated in u.s. dollars as follows: stated at current rates historical rates accounts receivable, current $ 271,000 $ 291,000 accounts receivable, long term 122,000 133,000 land 61,000 63,000 patents 89,000 94,000 $ 543,000 $ 581,000
The total should Orchid's balance sheet include for the preceding items $430,000.
Balance sheet:
Balance sheet refers the financial statement that contains details of a company's assets or liabilities at a specific point in time.
Given,
Here we have certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U.S. dollars as follows:
Stated at [Current Rates] [Historical Rates]
Accounts receivable, current. . . . . . . . . . . . . . . . . [$200,000] [$220,000]
Accounts receivable, long term. . . . . . . . . . . . . . . [100,000] [110,000]
Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [50,000] [55,000]
Patents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [80,000] [85,000]
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [$430,000] [$470,000]
And we need to find the total should Orchid's balance sheet include for the preceding items.
As we looking into the given balance sheet we have identified that the total should Orchid's balance sheet include for the preceding items
=> Total of current rate is $430,000
Where as the foreign currency is the functional currency, translation (rather than re-measurement) is required.
And all the assets accounts are translated at current rates.
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efficient allocation depends on the quality of financial professionals and the ability of financial markets to identify and direct capital to the best stewards
The statement efficient allocation indeed depends on the quality of financial professionals and the ability of financial markets to identify and direct capital to the best stewards is true.
What is capital?Capital is a broad term which describes anything that confers value or benefit to its owners, such as a factory and its machinery, intellectual property like patents, or the financial assets of a business or an individual.
Even though money itself may be construed as capital, capital is more often associated with cash. It is being put to work for productive or investment purposes. Capital in general is a critical component of running a business from day to day and financing its future growth.
Business capital may derive from the operations of the business or be raised from debt or equity financing.
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Felix opens a credit card with no annual fee, so he assumes that using the credit card regularly will be absolutely free for the next two years while he finishes grad school. Why is his assumption incorrect?.
Felix believes that if he applies for a credit card with no annual fee, he will be able to use it freely for the following two years while he completes graduate school. He is mistaken in believing that: A. He will incur interest charges in accordance with his APR unless he pays the entire balance each month. Thus option (A) is correct.
What is a credit card?A credit card can be defined as a card that a credit card merchant issues to a borrower to enable them to purchase items on credit with the expectation that they will repay the money they used to do so.
Felix's premise is incorrect because, unless he pays the whole balance each month, routinely using a credit card does not ensure that the credit will be free; instead, he will be required to pay interest depending on his annual percentage rate.
Therefore, Thus option (A) is correct.
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Before you start writing your resume, you do some research and learn that there are three common types of resumes:-A chronological resume lists your work history in reverse order, starting with your current or most recent job and working backwards. It is the most common way to organize a resume, and many employers like this format because it presents your work history in a clear, easy-to-follow arrangement.-A functional or skill-based resume focuses on skills and capabilities you possess that qualify you for a position. Instead of listing your work history at the top, a functional resume begins with key areas of experience, responsibilities, and accomplishments.-A combination resume highlights the strengths of candidates who have both relevant work experience and skills. It meshes the skills focus of the functional resume with the work history focus of the chronological format.Which type of resume will you choose to use?
B. A functional or skill-based resume focuses on skills and capabilities you possess that qualify you for a position. Instead of listing your work history at the top, a functional resume begins with key areas of experience, responsibilities, and accomplishments
Instead than using the conventional method of using reverse chronological work experience categories, a skills-based resume lists a person's job qualifications in skill categories. If utilizing a skills-based resume would enable you to communicate with potential employers more effectively than using a traditional one, you should give it some thought. An alphabetical resume would.
A skills-based (functional) CV's fundamental elements are comparable to those of a chronological resume. They are presented differently, though. The key elements are listed below.Contact details, Statement of purpose or executive summary, Competencies/Skills, etc.
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which actions can an individual take to become a more effective team member? (choose every correct answer.)
Actions which individual can take to become a more effective team member are committing to the team, and leading by example.
Each and every successful organisation is built upon the shoulders of effective teams. Companies that lack teams that are able to collaborate effectively generally struggle, but companies that have teams that are able to improve quality, complete projects successfully, and increase productivity and efficiency see these benefits. You need to build a team in which every member provides their own unique set of abilities and skills, all of which contribute to the overall achievement of the group in order for your business to function at its optimum levels.
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