The purpose of verification, as a normal motion, is to become aware of the faults/defects introduced at the time of any transformation of inputs into outputs.
Verification is a pleasant manage technique that determines if a machine meets its gadget-stage necessities. Inspection and demonstration is the principle testing technique used in Verification.
The Verification procedure offers the evidence that the gadget or machine detail plays its meant capabilities and meets all performance requirements listed inside the machine overall performance specification and functional and allotted baselines.
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Riverboat Adventures pays $480,000 plus $10,000 in closing costs to purchase real estate. The real estate consists of land appraised at $51,000, a building appraised at $209,100, and paddleboats appraised at $249,900. Compute the cost that should be allocated to the building.
The cost that should be allocated to the building.= $ 510000
Real estate is one of the great funding alternatives. It gives a protection internet against inflation as property values upward thrust through the years. earnings advent is one of the most crucial aspects for horizontal belongings traders, further to having a everlasting residence.
callculation :-
Amount pays by Riverboat Adventures = $480,000
Closing cost = $10,000
Real estateland appraised = $51,000.
Building appraised = $209,100
Paddleboats appraised = $249,900.
Cost allocated to the building = ($51,000+$209,100+$249,900.)
= $ 510000
Real estates immovable belongings inclusive of land and homes. The term might also imply the enterprise of purchasing, promoting or investing in houses, land or other actual property. real property is a driving force of the economic system.
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In the case of snack corp, when the price they sell their product at is _______ average cost of production, profits are ______ due to ________ average profit
In the case of snack corp, when the price they sell their product at is below the average cost of production, profits are negative due to negative average profit.
Average profit is defined as total profit divided by performance, or total profit for each period divided by a number of periods. The formula for calculating average profit is Average Revenue - Average Cost = Average Profit.
But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high. Average profit is calculated by dividing the total profit for the year by the number of years of profit.
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Which step in developing advertising is most helpful in selecting media and evaluating a campaign?.
The most helpful step in selecting media and evaluating a campaign is to identify the target audience and match the type of product advertisement with its objective.
Why are advertisements important for campaigns?Consumer education on the benefits of your goods or services and the values of your brand is aided by advertising. Ad campaigns may help you establish your brand and create a better knowledge of it, from your company's objective to the importance of the products you offer.
Your target market will have a greater connection to your brand as they get more knowledge about your company, which can help you increase consumer trust and loyalty and move your firm closer to closing a deal. Advertisement campaigns may also be used to inform customers about issues that are important to your company. For instance, a social media ad for a plumber's marketing campaign may have an infographic describing a quick repair for unclogging a toilet.
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The amount of a good or service that consumers are willing and able to purchase at a specific time is the ______.
The amount of a good or service that consumers are willing and able to purchase at a specific time is the demand .
The concept of Demand and Supply is very important in economics. A person who has a clear understanding of demand and supply analysis can understand principles of economics in a better way.
What is demand ?
" The demand for any commodity the relationship between the price and the quantity that will be purchased at that time ".
Demand of coal does not mean the amount of coal which people need or would like to have but the effective demand, the amount which people are willing to buy at some specified price.
The demand for the goods is a schedule of the amount that buyers would be willing to purchase at all possible prices at one instant time.
Lets learn about Law of Demand :
The law of demand establishes relationship between the quantity demanded and the price of a commodity . According to the law other things remaining same the quantity demanded of a commodity increases with a fall in its price and the quantity demanded decreases with a rise in its price.
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Under the perpetual inventory system, when a wholesaler returns goods purchased on account, the ________ account is credited
Under the perpetual inventory system, when a wholesaler returns goods purchased on account, the Merchandise Inventory account is credited.
Merchandise inventory incorporates the goods that outlets and resellers have purchased with the rationale to promote to clients. products stock is categorized as a current asset on the organization's balance sheet. For some stores, it is their biggest asset.
Let's consider a fixtures shop buys desks with the intention to be bought immediately to the give up a customer. The store additionally buys computers for personnel to apply frequently. here, the desks may be categorized as products stock, but no longer the computers.
Inside accounting, products are taken into consideration as present-day assets because it's commonly anticipated to be liquidated (sold, become cash) within a yr. while bought, merchandise should be debited to the inventory account and credited to cash or accounts payable, depending on how the products were paid for.
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Write a 700- to 1,050-word paper that evaluates the impact of implementing triple aim goals nationally.
Answer:
These were the "Tripple aim goals"
Improving quality and satisfactionImproving the health Reducing the per capita cost of health careExplanation:
The United States has the most expensive healthcare in the world. It also has the best healthcare in the world. This may contend from a different perspective, but one point of view outplays them all and that is the freedom of choice to choose our healthcare benefactors. There’s enormous flexibility in the American system that other countries can only dream of. Its system could be better, and to do that we have to look at what would make it better. There are different phases of our healthcare that are not practicing what we would want them to be and when we look to people for answers we turn up with a three-pronged approach to making our healthcare live up to everybody’s expectations. If we look at the three aims:
• Improving quality and satisfaction for the patient experience of care,
• Improving the health of populations,
• Reducing the per capita cost of health care.
It doesn’t take long to realize that the three are closely interwoven. For example, if we asked 50 people about a particular list of complaints about their healthcare, I would stake good money that every single one had a high cost on it. The high cost of healthcare has been a favorite whipping boy in this country for some time now, and it doesn’t look like that is going to transform, the question is can it?
Genuinely, we need to lower costs is civilizing the health of the individual populations, and patient satisfaction. Healthy individuals don’t go to the doctor as much and lower their costs, satisfied people do the same, they are happy with the cure they got and don’t unnecessarily spend money on going to another doctor. So the Problem statement becomes how do we tackle the issue and what will it bring?
If we take a small group of people perhaps 50 and we just automatically lower their costs so that they pay thirty-five cents on the dollar, then we have accomplished two of the objectives. Apparently, we can’t just do that in real life we would have to take many steps to be able to do this, among them would be to advance the quality of their care. But, once we got started on each of the three goals, then we would see a synergistic effect in the other areas, and soon it would feed on itself.
At the beginning of the last century, Henry Kaiser had combined wealth as well as several companies, not to mention about 60,000 employees. He struggled with every aspect of a dissatisfied customer when the time came for his employees and their healthcare. Nothing seemed to get it to where he wanted it to be cost-wise and satisfaction-wise. Not to mention the overall health of his employees. With the issue of putting many times the effort into healthcare that other companies did, none of them were better-off, and none of them were any healthier than anybody else in the country. Until he took the bold step of bringing healthcare “in-house”. He formed his private clinic and hospital medical staff, and to this day it stands as a paragon of medical service and still outperforms all other healthcare in the country.
Noticeably, taking the same approach as Henry Kaiser would result in the same results, although it would be many times more difficult and would require that we vote on it as a nation.
If the President of The United States could take one-sided action much as Henry Kaiser did, and treat our people as a father would his children, then we could accomplish this goal quickly. Since that is not possible, let us assume that we have spent 50 years taking baby steps and finally we have achieved our goal and every one is 100 percent happy with how their healthcare works and what happens, and we have reduced diseases as we know them and there is a sense of prosperity over the country.
First, the impact would allow us more free time, since we would not be spending it being sick or catching up on school or work from being sick.
Second, there would be free money in that there would be so much of our finances freed up, some estimate as much as a 30-32% increase in our income, then would be the increased maturity, some estimates are as high as 150. There would be decreased traffic, decreased crime, etc... When all is said and done, we would marshal in a golden age for mankind and there are penalties and benefits that we could debate about for years, and would never even guess at until it happens. There are many things that we simply would not expect until we actually consummate the goal.
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If the average cost of producing 9 sweaters is $6. 50 and the marginal cost of producing the tenth sweater is $6. 25, the average cost of producing 10 sweaters will?
If the average cost of producing 9 sweaters is $6. 50 and the marginal cost of producing the tenth sweater is $6. 25, the average cost of producing 10 sweaters will be less than $6.50
If marginal cost is less than average cost, average cost will decrease and therefore be less than $6.50. In this case, average cost of producing 10 sweaters is ($6.50 x 9 + $6.25)/10 = $6.48.
The marginal cost is the variation in total cost brought on by an increase in output, or the cost of producing more. In certain contexts, it might refer to an increase in output of one unit, while in others, it can relate to the rate of change of total cost as output grows by a modest amount.
The total cost is expressed in dollars, whereas the marginal cost is expressed in dollars per unit. The marginal cost is the slope of the total cost, or the rate at which it increases with production.
Marginal cost is the distinction between average cost, which is the total cost divided by the number of units produced.
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Suppose that the cpi was 144 in 2016, 150 in 2017, 157 in 2018, and 166 in 2019. what was the inflation rate in 2018?
5.73% was the inflation rate in 2018 as per CPI.
Inflation rate= (Level in new year−Level in previous year)/ Level in previous year*100
= (166- 157/166)*100
= 5.73%
The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or rise in a nation's cost of living. Pressures on supply or demand side of the economy, monetary policy, CPI , and consumer expectations can all contribute to inflation. According to economists, inflation is the rate of price growth over a specific time period.
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The petty cash fund is:_______
a. established by estimating payments needed.
b. used to pay small amounts that occur often.
c. a special cash fund.
d. all of these choices are correct.
The petty cash fund is a special cash fund which is established by estimating payments needed, and used to pay small amounts that occur often.
The purpose of a petty cash fund is to provide the business units with enough cash to cover minor expenditures. It is a special fund which is set up to pay for minor expenses with cash instead of paying by cheque (e.g. fares, tea and coffee, stamps etc).
A petty cash fund is maintained on a periodic basis. The fund is created by drawing a check on the regular cash account maintained by petty cash custodian.
Hence, option D is correct.
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The weak form of the emh states that ________ must be reflected in the current stock price.
The weak form of the emh states that All past information, including security price and volume data must be reflected in the current stock price.
What is the EMH?The efficient market hypothesis (EMH), also referred to as the efficient market theory, is a theory that holds that share prices accurately reflect all available information, making ongoing alpha generation impractical.
It is impossible for investors to purchase discounted stocks or to sell them at inflated prices, according to the EMH, because equities always trade on exchanges at their fair value.
According to the weak version of the EMH, the current stock price must reflect all past data, including security price and volume information.
Because of this, it should be challenging to outperform the market as a whole through expert stock selection or market timing, and the only way for an investor to see higher returns is to invest in riskier assets.
So, according to the weak form of the EMH, (A) the present stock price must reflect all historical information, such as security price and volume data.
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Property inventories are important to identify insurance needs and to substantiate claims.
a. true
b. false
Property inventories are important to identify insurance needs and to substantiate claims this statement is true.
Describe inventory.Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders.Which four sorts of inventory are there?Raw materials, work-in-progress (WIP), finished goods, and maintenance, repair, and overhaul (MRO) are the four categories of inventory that are most frequently used (MRO). Knowing the type of inventory you have allows you to manage it more effectively and practice better inventory control.Learn more about inventory here:
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How does executive compensation can help manage interest over stockholder interest?
Executive compensation includes benefits such as salaries, perks, incentives, and insurance.
It's hard to read business news without encountering articles about salaries, bonuses, and stock option packages given to CEOs of publicly traded companies. It's not easy to understand the numbers for evaluating how companies are paying their top talent. Investors must ensure that executive compensation works in their favor.
The board, at least in principle, seeks to align management's actions with the company's success through remuneration agreements. The idea is that the CEO's performance adds value to the organization. “Pay for performance” is the mantra most companies use when describing compensation plans.
Most people can support the idea of paying for results, but this concept implies that the CEO takes risks. The CEO's wealth should scale with the company's wealth. When considering a company's compensation program, look at the extent to which management is involved in generating returns for investors.
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The ideal metallurgical bond, for which there would be no noticeable or detectable interface, would require?
The ideal metallurgical bond, for which there would be no noticeable or detectable interface, would require:
(a) Perfectly smooth, flat, or matching surfaces.
(b) Surfaces that are clean and free from oxides, absorbed gases, grease, and other contaminants.
(c) Metals with no internal impurities.
(d)The joining of single crystals with identical crystallographic structure and orientation.
What is a metallurgical bond?
Also referred to as a metallic bond, a metallurgical bond is the primary bond that holds metal together. This bond is formed during welding processes between base and filler metals.
Metallurgical bonding is the result of chemical bonding that occurs between a substrate and coating areas that are in close contact or diffused evenly. This process can be augmented by heat treatments, mainly post-spraying dispersion.
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what businesses could do to assist a community experiencing a crisis in education
Companies can assist in the development of a community that is going through an education crisis with investments in education, such as educational programs, subsidies and support to educational institutions.
What is CSR?It corresponds to an acronym for corporate social responsibility, which are means that companies use to attest to their social and environmental responsibility in a strategic way, instituting programs and investments in the local community, to generate value for the brand through the positive perception of stakeholders.
Consumers are increasingly interested in consuming from companies with positive practices for socio-environmental development that go beyond legal requirements, which is a relevant competitive advantage.
Therefore, CSR aims to institute continuous improvement in the organization, waste reduction, relationship creation and quality in its internal and external processes.
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Sdj, inc. , has net working capital of $1,120, current liabilities of $6,133, and inventory of $844. What is the current ratio?
NWC = 1,410 = Current Assets – Current Liabilities = CA - 5,810
=> CA = 1,410 + 5810 = 7,220
Current Ratio = Current Assets/Current Liabilities
= 7,220/ 5,810 = 1.24
Quick Ratio = (Current Assets – Inventory) / Current Liabilities
= (7,220 – 1,315)/ 5,810 = 1.02
Current ratio is 1.67
Quick ratio = 0.88
In general, an appropriate current ratio is one that is comparable to the industry norm or just a little bit higher. The likelihood of distress or default may be increased by a current ratio that is lower than the industry average.
In a similar vein, if a company's current ratio is significantly higher than that of its peer group, it suggests that management might not be making the most use of its resources.
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If your sevis record is terminated for unauthorized withdrawal or failure to enroll. How long can you remain in the u. S. ?.
Students terminated for Authorized early withdrawal have 15 days to depart.
What is Students terminated?A record that has been canceled in the Student and Exchange Visitor Information System (SEVIS) may indicate that the nonimmigrant no longer has F or M status. F-1/M-1 students and/or F-2/M-2 dependents who do not maintain their status are typically terminated by designated school officials (DSOs).
With an expired I-20, you will be unable to reenter the United States. All working privileges have been revoked. Any type of employment after the specified termination date is prohibited. Employers who hire an illegal worker may face serious sanctions.
If the DSO does not enroll the student within 90 days of the Next session start date, the system automatically terminates the record. When a student fails to reenroll after the enrollment deadline for the term has passed.
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What effects on a retail stores accounting equation occur when merchandise returned by the customers is recorded?
Assets and stockholders equity decreases when merchandise returned by the customers is recorded.
When merchandise is returned by the customer, the sales returns and allowances account is debited to reduce sales, and accounts receivable or cash is credited to refund cash or reduce what is owed by the customer. This leads to the decrease in assets and stockholders equity in a retail store.
A second entry must also be made debiting inventory to put the returned items back. In this entry, we debit the cash account and the credit accounts receivable account.
Hence, this effects on a retail stores accounting equation.
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A(n) ____ can be used to demonstrate why a competitive oligopoly tends to result in a low-price strategy that does not maximize mutual profits.
A Payoff matrix may be used to illustrate why a aggressive oligopoly has a tendency to result in a low-fee method that doesn't maximize mutual income.
A payoff matrix is a manner to specific the result of gamers' choices in a recreation. A payoff matrix does no longer express the shape of a sport, such as though players take turns taking moves or a player has to make a preference without understanding what desire the alternative will make.
Recreation idea offers with any scenario is which the praise to any one participant – the payoff – depends no longer handiest on her own moves however additionally on the ones of different players in the game. in the case of oligopolistic firms, the payoff is absolutely the firm's income.
A payoff matrix is a device this is used to simplify all of the possible consequences of a strategic choice. it is a visible representation of all the viable techniques and all the viable consequences.
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Midwest enterprises uses special journals. the company borrowed $10,000 from first state bank. This transaction is recorded in the?
Midwest enterprises uses special journals. the company borrowed $10,000 from first state bank. This transaction is recorded in the Cash receipt Journal.
A cash receipts magazine is a specialized accounting journal and it is called the main access book utilized in an accounting system to preserve track of the sales of objects while cash is acquired, with the aid of crediting sales and debiting cash and transactions related to receipts. sales on account are booked rather within the income journal.
Cash receipts journal is considered as the separate part of coins account/cash ebook as it data the cash inflow of the enterprise. The source report of this prime entry book is Receipt.
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Profit-maximizing firms enter a competitive market when existing firms in that market have.
Answer:Profit-maximizing firms enter a competitive market when, for existing firms in that market, total revenue exceeds fixed costs.
Explanation:
that is what i think sorry if im not right
When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or.
When using horizontal differentiation, a firm divides itself into sub units based on function, type of business, or Geographic area
Horizontal differentiation
Is basically concerned with how the firm decides to divide itself into sub units. The decision is typically made on the basis of function, type of business, or geographical area. In many firms, just one of these criteria predominates, but more complex solutions are adopted in others. This is particularly likely in the case of international firms, where the conflicting demands to organize the company around different products (to realize location and experience curve economies) and different national markets (to remain locally responsive) must be reconciled. One solution to this dilemma is to adopt a matrix structure that divides the organization on the basis of both products and national markets.
Functional structure :
A functional structure can work well for a firm that is active in a single line of business and focuses on a single geographic area. But problems can develop once the firm expands into different businesses or geographies.
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A quality circle holds a brainstorming session and attempts to identify the factors responsible for flaws in a product. Which tool do you suggest they use to organize their findings
Ishikawa diagram is used by the quality circle to organize their findings.
Fishbone diagrams, herringbone diagrams, cause-and-effect diagrams, or Fishikawa are some other names for Ishikawa diagrams. To illustrate the causes of a certain event, Kaoru Ishikawa designed causal diagrams. They resemble a fish skeleton, with the "ribs" standing in for causes of events and the "head" symbolizing the consequence of those events.
Using the Ishikawa diagram, managers may decide which problems need to be solved in order to benefit from or prevent a specific event. The Ishikawa diagram is also frequently used as an approach for developing product designs that address real-world issues.
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Studies have found a strong correlation between academic dishonesty and dishonesty at?
Studies have found a strong correlation between academic dishonesty and dishonesty at increasing control.
What is correlation?
Any statistical association, whether causal or not, connecting two independent variables or dependent and independent variables data is known to in statistics as correlation or dependency.
In statistics, "correlation" often refers to the strength with which a couple of characteristics are linearly connected, even if in its broadest definition it can denote any kind of relation.
The connection between a parent's height and that of their children is a well-known example of a dependent phenomenon, as is the connection between a good's price and the quantity that buyers are prepared to buy, as shown in the so-called quantity demanded.
Because they can reveal a prospective association that can be used in real-world situations, correlations are helpful.
Correlation is often used interchangeably with interdependence. However, in a technical sense, correlation might relate to any of a number of distinct kinds of numerical computations between the variables being evaluated and their related predicted values.
In essence, correlation is a measure of the interaction between two or more variables.
What is dishonesty?
Dishonesty means act of integrity; a propensity to take, betray, or misrepresent
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__________ are people who boost morale, give support, provide humor, or soothe hurt feelings within a group.
Team maintenance specialists are people who boost morale, give support, provide humor, or soothe hurt feelings within a group.
What does maintenance team do?
A member of the maintenance team's primary duties include inspection, performance, and maintenance. They are in charge of maintaining, repairing, checking, and making sure that the tools or equipment is used correctly and without any problems.
What makes a great maintenance team?
In order to improve, a great maintenance team pays attention to both their data and their consumers. Instead than tampering with the data to make it represent the desired result, they pay attention to what it has to say. This straightforward quality motivates a team to improve communication with their customers and processes.
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Compared to the price elasticity of demand for gasoline, the demand for texaco gasoline will_________.
Compared to the price elasticity of demand for gasoline, the demand for Texaco gasoline will be more elastic.
Price elasticity of call for is the ratio of the proportion change in the amount demanded of a product to the percentage exchange in rate. Economists hire it to apprehend how supply and demand trade when a product's price changes.
If a fee alternate for a product causes a giant change in both its supply or call for, its miles are considered elastic. Generally, it manner that there are acceptable substitutes for the product. Examples would be cookies, luxury cars, and coffee.
In commercial enterprise and economics, price elasticity refers to the degree to which people, purchasers, or producers alternate their demand or the quantity supplied in response to fee or earnings adjustments. it is predominantly used to evaluate the trade-in consumer call for because of an alternate in an excellent or carrier's price.
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Who is most likely to have general information about financial aid at many different institutes of higher education?
Answer:
high school counselor.
Answer:
High school counselor
As a group, oligopolists would always be better off if they would act collectively true or false?.
True As a group, oligopolists would always be better off if they would act collectively
What happens when oligopolists collude?Collusion happens when oligopoly firms make joint decisions, and act as if they were a unmarried firm. Collusion requires an agreement, either explicit or implied, between cooperating firms to limit output and achieve the monopoly price
What are the advantages of oligopoly?An oligopoly can embrace a competitive strategyThe extra profits made from an oligopoly can go into research and developmentIt can bring price strength to the market.Oligopolies can offer more details to their consumers. It allows for more development refinement to occur.
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Guido and hal want to rescind their contract under which guido sold hal a mountain bike for $100. To rescind the contract.
Guido must return the $100 and Hal and must return the bike.
What does it mean to rescind the contract?
Cancellation of a contract.
Rescission may be unilateral, as when a party rightfully cancels a contract because of another party's material breach.
Rescission can also be mutual, as when the contracting parties agree to discharge all remaining obligations.
What is an example of rescind?
Rescind is defined as to cancel or make something void.
An example of rescind is someone calling off their wedding. verb. 2. To cancel a contract, whether unilaterally or by mutual agreement and restore both parties to status quo ante (the positions they would have been in if the contract had never existed).
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________ refers to the benefits a customer receives from purchasing a good or service.
Value refers to the benefits a customer receives from purchasing a good or service.
A customer is a recipient of goods, services, products, or ideas obtained from a seller, vendor, or supplier through financial transactions or in exchange for money or other valuable consideration.
The definition of a customer is a person who purchases products or services at a store, restaurant, or another retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.
A person who purchases goods or services from others. Buyer; Patron. informal. Deal with: Demanding customers. cool customer.
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When decision making is delegated to lower-level managers and employees more familiar with local conditions than top managers it is called:_________
Decentralization is the process of moving decision-making authority down the organizational hierarchy, giving lower-level employees more responsibility and authority to make and execute decisions.
An organizational structure in which decision-making authority is delegated to subordinate managers who are more familiar with local conditions than those at headquarters. Optimal number of subordinates that a manager oversees or should oversee.
Organizations that use traditional hierarchical structures rely on vertical chains of command as the primary way to organize employees and their responsibilities.
Employee privileges increase as they move up the hierarchy. If you need leadership, you also need authority. Authority ensures that everyone under the manager's command is working toward organizational goals or facing discipline.
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