Lamborghini is a classic example of exclusive distribution.
Selective distribution is a method of product distribution where more than one distributor is present in a given area. Brands of televisions, furniture, and home appliances frequently use it.
Exclusive distribution, on the other hand, describes a distribution strategy that only uses one distributor, retailer, or wholesaler in a particular region. Designer clothing, cars, and even home appliances frequently go through exclusive distribution.
A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. A customer will almost always be able to find the merchandise wherever he travels.
The sale and transfer of a product from a producer to a wholesaler, retailer, and ultimately to the customer is known as indirect distribution.
Hence, Lamborghini is a classic example of exclusive distribution.
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do you think the action of taking the property is fair? Why or why not?
Depending on the purpose, the action of taking property by a government is fair, in that the government can legally take land privately for public purposes, provided that this taking of property is properly compensated to the owner of the property.
What is the right to property?It is the 17th article of the Constitution, which stipulates that every citizen has the right to property, which must not be arbitrarily withdrawn or deprived of it.
The taking of government property is generally carried out for public purposes, being intended for the benefit of society, such as for transformation into schools and hospitals for example.
Therefore, the action of taking a property is fair and constitutional, but the owner of the property must be financially rewarded for it to become legal.
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What is the relationship between the hospitality industry and tourism
The relationship between the hospitality industry and tourism is that hospitality industry supplies the services needed for tourism.
What is Tourism?This is defined as the movement of people to different countries or place which is usually from their usual environment for various purposes such as for relaxation and fun.
Hospitality industries include hotels, restaurant etc which provide the services needed for tourism and ensures the visitors are well taken care of during their stay in their chosen location through the provision of various types of services which are best suited to the individuals thereby making it the correct choice of relationship between them.
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The product structure overcomes one of the challenges common to a functional organization structure because it is
better able to do what?
O focus on the goods being made
O focus on the department's needs
O focus on career development
O focus on the worker
Answer:
focus on the goods being made
Case 3:
Glenmark is an Indian-based multinational pharmaceutical company with approximately $30
billion in sales annually. In the 2021 Annual Report, the Indian company indicated $5.94 billion
dedicated to research and development (R&D). Moreover, the pharmaceutical company spent
$10.19 billion in marketing and sales in 2021. R&D and marketing expenses represent a large
portion of their total fixed costs with more than $16 billion! With this amount injected, Glenmark
creates a barrier to entry for other firms that are considering whether to enter the pharmaceutical
market or not.
It is only by going global through a large distribution network will Glenmark be able to benefit
from economies of scale. By going global, Glenmark will target more customers and spread their
fixed costs better. This also explains why multinational company has such high marketing costs.
1. Explain whether the capital expenditures by the company is justified and be able to increase
market share in future?
2. Are there any suggestions you would like to give to make its fixed costs better?
(Minimum 500 Words.)
The capital expenditure based on the information given is justified.
How to illustrate the information?It should be noted that capital expenditure are the expenditure that are used to create revenue for the company.
Every company in the world needs to improve its existing products and introduce new products. Therefore, marketing and RnD expenditure will they continue to be a dominant player in the industry. Therefore, capital expenditure is justified
One of the ways to improve fixed cost is to have strict control over costs, identify and remove unnecessary costs from the system. Also, one can reduce the number of salaried employees on staff and then shop around for lower insurance premiums.
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once you chose your traget market what is next step
Once you chose your target market the next step is to formulate a strategy for getting the people in that segment to patronize you. This thought process is called Market Analysis and Strategy.
What is Market Analysis and Strategy?This refers to the process of:
Studying the marketClassifying them into various demographics and psychographicsIdentifying the market that have a need for your services (target market)Positioning ones business to attract the consumers in that target segment.One step that can be taken to attract customers in the target market is advertising.
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is eskom's managers actively involved in the decisions of the business
It is a true statement that eskom's managers are actively involved in the decisions of the business.
What is a manager?This refers to the officials responsible for supervising and motivating employees as well as directing the progress of an organization.
The role of manager includes to perform functions such as like planning, organizing, staffing, directing, controlling etc.
Most of these functions are essential for running an organization smoothly and achieving enterprise objectives.
Therefore, It is a true statement that eskom's managers are actively involved in the decisions of the business because the basic functions pointed above are made by the managers to achieve organizational goals.
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What food trends will emerge and fade away in 2023
These food trends, including New Glocal, Vegan Alternative Recipes, Regenerative Food, and others, will influence the restaurant business in 2023. Vegan food items are significantly more expensive than veggies and other meat-based foods. Therefore, vegetarianism will slowly disappear.
What is a food trend?
Food trends are pervasive modifications in dietary patterns. Some of these tendencies show signs of enduring. Food trends are frequently discussed online and in periodicals that focus on cooking.
Pop culture, health fads, and other variables all have an impact on food trends. In fine dining, chefs frequently start new culinary fads that other restaurateurs imitate and adopt for their own menus.
The following are the top 5 food trends for 2022: food fusion, plant dominance, sustainable packaging, and limited yet inventive menus.
Thus, the food trend which will fade away in 2023 is Vegan food.
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Monument Health buys $400,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers Monument terms of 1/5, net 15. Currently, the hospital is paying the supplier the full amount due on Day 15, but it is considering taking the discount, paying on Day 5 and replacing the trade credit with a bank loan that has a 12 percent rate. Assume 360 days per year.
1. What is the amount of free trade credit that the organization obtains from Cardinal Health? Format is $xx,xxx.xx
2. What is the total amount of trade credit offered by Cardinal? Format is $xx,xxx.xx
3. What is the approximate annual cost of the costly trade credit? Format is xx.xx%
4. Should the organization replace a portion of the trade credit with the bank loan? Format is Yes or No
5. If the bank loan is used, how much of the trade credit should be replaced?
1. The amount of the free trade credit that Monument Health obtains from Cardinal Health is $400,000.00.
2. The total amount of trade credit offered by Cardinal is $404,000.00.
3. The approximate annual cost of the costly trade credit is 72%.
4. No. Monument Health should not replace a portion of the trade credit with a bank loan.
5. If the bank loan is used, the trade credit should be replaced by $133,333.00.
What is trade credit?Trade credit is a business arrangement that allows the buyer to buy goods in exchange for later payment.
Giving trade credit is costly to the seller but profitable to the buyer, especially with the offer of cash discounts.
Data and Calculations:Gross prices = $400,000
Terms of trade = 1/5, net 15
Bank loan = $400,000
Loan interest rate = 12%
Days per year = 360 days
Cost of Trade Credit for 5 days = $4,000.00 ($400,000 x 1%)
Annualized cost = 72% (1%/5 x 360)
Cost of bank loan for 10 days = $1,333.33 ($400,000 x 12% x 10/360)
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What are the steps to consider when enrolling your participating brokerage account in the broker data import program as a newly hired professional
The steps to consider when enrolling your participating brokerage account in the broker data import program as a newly hired professional are
Give your broker the signed authorization form that you have already finished submitting.You must manually report the investments if the import will not take place before the deadline.Notify the appropriate parties and activate your brokerage accountIndependence & Conflicts Network must receive your fully filled-out authorization form in order to process your request.This is further explained below.
What is a brokerage account?Generally, Broker Data Import Program (BDIP) is a function of the Tracking & Trading System that enables professionals to get automatic downloads of their financial assets from their approved brokerage accounts. This capability helps professionals to more efficiently manage their investments.
In conclusion, You may purchase and sell a wide range of products using an investment account known as a brokerage account. These investments include stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Whether you are putting money away for the future or saving up for a significant purchase, you have complete freedom over how and when you use the money you have set aside.
Give your broker the signed authorization form that you have already finished submitting.You must manually report the investments if the import will not take place before the deadline.Notify the appropriate parties and activate your brokerage accountIndependence & Conflicts Network must receive your fully filled-out authorization form in order to process your request.Read more about a brokerage account
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Amazon is the dominant firm in the online shopping service industry, which has a total market demand given by Q = 100 – 2 P. Amazon has competition from a fringe of four small firms that produce where their individual marginal costs equal the market price. The fringe firms each have total costs given by TCi = 10 Qi + Q i 2. If Amazon’s total costs are given by TCA = 10 + 10 QA, , how much does the industry as a whole produce at this price?
The price that Amazon has to establish for their online shopping should be $20.
The Excel financial functions section includes the Price Function. It will determine the cost of a bond with a $100 face value that accrues interest on a recurring basis. The PRICE function in financial analysis can be helpful when we want to borrow money by selling bonds rather than stocks.
We have the price function as
P = 10 + 2Qi
Make Qi subject
= Qi = 0.5P - 5
4 firms with identical features
This would give us
Qs = 4Qi
Qs = 4(0.5P -5)
Qs = 2p - 20
Q = 100 - 2p
Qa = Q - Qs
(100 - 2P) - (2P -20)
Take like terms
100 - 2p - 2p + 20
100 - 4p + 20
Qa = 120 - 4p
Make p subject
p = 120 - Qa / 4
p = 30 - 0.25Qa
TRa = p*Qa
= (30 - 0.25Qa)Qa
= 30Qa - 0.25Qa²
MRa
= 30 - 0.5Qa
TCA = 10 + 10QA
= ΔTCA / ΔQA
= 10
30 - 0.5QA = 10
Take like terms
30 - 10 = 0.5Qa
divide through by 0.5
20/0.5 = Qa
40 = Qa
Output produced = 40.
We have P as
30 - 0.25QA
P = 30 - 0.25( *40)
= 20
Hence the price that Amazon has to establish for online shopping should be $20
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What describes the relationship between edge computing and Cloud computing
The relationship between edge computing and Cloud computing is that Cloud computing originally began as an extension of edge computing.
The two forms of computing processes in today's era are edge computing and cloud computing. They have mostly supplanted one another due to mutually beneficial aspects. While it is not a crucial element for cloud computing, the time factor is a strength of edge computing.
The main component's edge should house edge computing, and the network's core should house cloud computing.
In typically remote locations, edge computing is used. The ideal solution for these problems is it makes the best out of them.
It can be claimed that cloud computing is an evolution of edge computing because edge computing was the foundation for it.
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“Wonderful! Not only did our salespeople do a good job in meeting the sales budget this year, but our production people did a good job in controlling costs as well,” said Kim Clark, president of Martell Company. “Our $18,300 overall manufacturing cost variance is only 1.2% of the $1,536,000 standard cost of products made during the year. That’s well within the 3% parameter set by management for acceptable variances. It looks like everyone will be in line for a bonus this year.” The company produces and sells a single product. The standard cost card for the product follows: Standard Cost Card—per Unit of Product Direct materials, 2 feet at $8.45 per foot . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $16.90 Direct labor, 1.4 direct labor hours at $16 per direct labor-hour … . . . . . . . . .. . . . . . . 22.40 Variable overhead, 1.4 direct labor-hours at $2.50 per direct labor-hour ….. . . . . . . . . . 3.50 Fixed overhead, 1.4 direct labor-hours at $6 per direct labor-hour . . . . . . . ….. . . . . . . . 8.40 Standard cost per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $51.20 The following additional information is available for the year just completed: a. The company manufactured 30,000 units of product during the year. b. A total of 64,000 feet of material was purchased during the year at a cost of $8.55 per foot. All of this material was used to manufacture the 30,000 units. There were no beginning or ending inventories for the year. c. The company worked 43,500 direct labor-hours during the year at a direct labor cost of $15.80 per hour. d. Overhead is applied to products on the basis of standard direct labor-hours. Data relating to manufacturing overhead costs follow: Denominator activity level (direct labor-hours) . . . . . . . .... . . . . . . . . . . . . . . . . . . . . . 35,000 Budgeted fixed overhead costs (from the overhead flexible budget) . . . . . . . . . . . . $210,000 Actual variable overhead costs incurred . . . .
Standard costing is an effective tool for management to control costs, plan its budgets and take timely decisions. This enables management to establish standardized costs from a global perspective. However, this system requires a large amount of data and int the involvement of all the department managers of the company.
Tools It is very important for the effective use of standard costing tools that all the managers involved in using the standard costing system. This tool requires a lot of information from the various department managers who work at the various cost centers. This information is again relayed to the same managers. They are expected to use this information in taking departmental decisions and reduce the variance between actual and standards.
A thof standard between, however, this information regarding costs and revenue is too detailed and is understood by the accountants, management, and, departmental managers. It is also pertinent to note that in recent times there have been lots of changes in the macroeconomics like political changes, environmental changes, etc. which has caused lots of deviations from standards. Because of this a lot of time and resource is utilized for knowing the differences between the standard cost and actual costs.
Material Variances - The difference between the budgeted/standard material cost for a product and the actual material costs after production. Material variances are calculated for acknowledging the effect of changes in quantity consumed and changes in the price of the raw materials price.
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Best Buy sells a flat-screen high-definition TV for $700. Best Buy marks up the TV 45% on cost. What is the cost and dollar markup of the TV?
Answer:Cost of Tv 482.76 Dollar Markup 217.24
Explanation:
The cost of the TV will be $ 315
The dollar markup of the TV will be $ 1015
What is a markup price?The markup is the difference in prices between the cost of producing the product or service and the price at which it is sold. Businesses must tack on a markup on top of their total expenditures in order to guarantee a profit and recoup the costs associated with producing a good or service.
The information provided is:
The selling price of the TV = is $700
The markup cost of the TV = 45% of the cost
The dollar markup cost will be
= 700 * 45%
= $315
The new cost that will be generated will be
= 700 + 315
=$1015
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Many employees of S&S Air have shares of stock in the company because of an existing employee stock purchase plan. To sell the stock, the employees can tender their shares to be sold in the IPO at the offering price, or the employees can retain their stock and sell it in the secondary market after S&S Air goes public. What are the advantages and disadvantages of each option?
The advantage of option 1 is that there is flexibility of sale and it affords the stockholders liquidity for their cash. The de-merit of going for option 1 is that they may not get value for the shares if after it goes live its value increase.
What is the advantage of keeping the shares till later?As already indicated above, the value of the shares grows as the company grows, hence, this becomes a sort of investment for the holders. They can also get premium value for it when the company goes goes public.
However, if the shares does not do well in the stock market, they also have to bear that loss.
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his decision will depend on whether or not Howie needs immediate money and the rate of inflation. Assuming there is no inflation, as the issue did not mention it, and Howie prefers the decision that yields the greatest financial reward, simply calculate and lower the tax in each situation, and then compare them.
Scenario 1: Total receipt upon ticket delivery with 46% deduction
46% = 46 \ 100 = 0.46
To find the value to be deducted, let's multiply the total by 0.46
500,000 * 0.46 = $ 230,000
That way Howie would get $ 500,000- $ 230000 = $ 270,000
Scenario 2: 25 installments of $ 36,000 with 25% deduction
The gross total will be 25x $ 36,000 = $ 900,000
Now it is enough to decrease 25% of the total amount, to find the amount of the tax.
25% = 25 \ 100 = 0.25
$ 900,000 * 0.25 = $ 225,000
Finally, simply decrease the amount received by the tax amount:
$ 900,000- $ 225,000 = $ 675,000
Therefore, Howie would be better off if he opted for the installment payment.
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New questions in Business
At which stage would you conduct a SWOT analyses to understand the market and the strength of your product? A. screening and evaluation stage B. ide…ation stage C. new product development stage D. commercialization stage
Please help
For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about _____________ percent of their wages when they were working.
For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about 70 percent of their wages when they were working.
What is retirement planning?Retirement planning can be defined as the way of planning ahead of your retirement by either saving or investing so as to have something to fall back to after retirement.
Hence, financial advisors often say that retirees must have a source of source that will provides about 70 percent of their wages when they were working so as to live at a comfortable level after retirement.
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17. Real is your boss and the treasurer of Free Cash Flow (FCF). She asked you to help her estimate the intrinsic value of the company's stock. FCF just paid a dividend of GHS 1.00, and the stock now sells for GHS 15.00 per share. Real asked a number of security analysts what they believe FCF's future dividends will be, based on their analysis of the company. The consensus is that the dividend will be increased by 10% during Years 1 to 3, and it will be increased at a rate of 5% per year in Year 4 and thereafter. Real asked you to use that information to estimate the required rate of return on the stock
The required rate of return is 12.97%
What is the required rate of return?
The required rate of return is the rate of return that investors expect from the stock based on its current price GHS 15.00 per share and its forecast dividends.
The stock price is the present value of future dividends discounted at the required rate of return, the unknown
The dividends for the next 3 years would grow at the rate of 10%
Year 1 dividend=1.00*(1+10%)
Year 1 dividend=1.10
Year 2 dividend=1.10*(1+10%)
Year 2 dividend=1.21
Year 3 dividend=1.21*(1+10%)
Year 3 dividend=1.331
Dividend in year 4 and thereafter(forever, that the terminal value) would grow at the rate of 5%
Year 4 dividend=1.331*(1+5%)
Year 4 dividend=1.39755
Terminal value=Year 4 dividend*(1+g)/(r-g)
g=terminal growth rate=5%
r=unknown return
terminal value=1.39755*(1+5%)/(r-g)
share price=1.10/(1+r)^1+1.21/(1+r)^2+1.331/(1+r)^3+1.39755/(1+r)^4+1.39755*(1+5%)/(r-g)/(1+r)^4
we need the value of r such that share price 15.00
Using a trial and error approach, I got 12.97%
share price=1.10/(1+12.97%)^1+1.21/(1+12.97%)^2+1.331/(1+12.97%)^3+1.39755/(1+12.97%)^4+1.39755*(1+5%)/(r-12.97%)/(1+12.97%)^4
share price=15.01
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While on a call with an emotional customer, the credit card they provide to purchase your service is declined by your system. They become even more agitated and swear it has the necessary funds. What would you do?
1. Advise the customer of the declined card and suggest they call back when they get things figured out so you can help them right away.
2. Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
3. Explain to the customer that their card was declined and ask them if they'd like you to try again using different card.
When the credit card provided by the customer gets decline then advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
In many instances the purchaser could be as mystified by the decline credit cards.The perfect element to do in the ones conditions is to really request a different form of payment through another credit card, an debit from the consumer's financial institution account, a test, or even cash.The upper threshold of costs you could placed on the cardboard. it is your bank's way of announcing you can not borrow any extra cash until you are making a fee.
It is essential to remember that a decline reaction means the card company is unable or unwilling to offer an authorization on the cardholder's account. It does no longer mean that there has been an blunders running the transaction. Card issuers decline transactions for plenty exclusive motives
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Explain this statement:
governments should use fiscal policies to keep the economy moving, even if a little hobbled.
The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty.
When the economy is weak, fiscal policy can help maintain private sector incomes and aggregate demand. When the economy is strong, fiscal policy can help moderate economic activity. The so-called "automatic fiscal stabilisers" are a key stabilizing component of fiscal policy.
Economic growth can be significantly influenced by fiscal policy. Countercyclical fiscal expansion can aid in sustaining aggregate demand and GDP in the short run during cyclical downturns.
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You earn $1800 working at a summer job. You decide to put it into an account and leave it there for four years while you are in college. The principal will earn 2.25% simple interest. How much will you have in your account at the end of three years?
Answer:
1962
Explanation:
the formula is
A=p(1+rt)
A=1,800×(1+0.0225×4)
A=1962
Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from DVDs is 20 and from books is 2.Each DVD costs $6 , and each book costs $1 Is he maximizing his utility? Explain
Yes we can conclude that Paul is maximizing his utility.
How to solve for the utilitymarginal utility of good b = MUb
price of good b = Pb
marginal utility of good d = MUd
price of good d = Pd
MUb / Pb = 20/6 = 3.33
MUd / Pd = 2/ 1 = 2
(MUb / Pb) > (MUd / Pd)
This is given that 3.33 is greater that 2.
Hence we have to say that he is maximizing his utility given that 3.33 is greater than 2.
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All choices can have unintended consequences. When those outcomes affect someone who had no part in the initial choice, what is it called?
O Free market
O Free resource
O Eminent domain
O Externality
When unintended consequences affect someone who was not part of the initial choice, it is known as an externality.
What is an externality?Externality is when the economic activities of economic agents have an effect on people who are not part of the consumption or production activity. Externality can either be positive or negative.
Positive externality occurs when the benefits to third parties not involved in production is greater than the cost. An example of an activity that generates positive externality is planting trees.
Negative externality occurs when the cost of economic activities to third parties not involved in production or consumption of a good is greater than the benefits. An example of an activity that generates negative externality is smoking.
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Answer:
Externality
Explanation:
Got a 100% on the test.
jane found classified information in breakroom. What is first action
Answer:
Secure the information in a GSA-approved security container
_________ are industry-specific factors that separate one strategic group from another.
Answer: Mobility Barriers
Explanation:
Mobility Barriers are industry-specific factors that separate one strategic group from another.
What actions could a company take to reduce its working capital funding gap? Review Later Pay suppliers more quickly Tighten customer credit terms Allow customers to delay payments Increase inventory levels
The action Company should take to reduce its working capital funding gap by Increasing inventory levels.
Working capital is the cash used daily cover all of a corporation's short-time period prices, that are due inside one year. working capital is the distinction between a business enterprise's contemporary assets and modern-day liabilities. operating capital is used every day buy inventory, pay brief-term debt and costs.
Operating capital is calculated by way of subtracting modern-day liabilities from current assets, as listed on the organisation's stability sheet. contemporary belongings encompass cash, accounts receivable and inventory. current liabilities consist of debts payable, taxes, wages and interest owed.
Company in accounting, the running capital total is typically derived from the figures for modern-day property and present day liabilities recorded on the balance sheet.
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Does audit service needed in Auchi polytechnic student union government of yes why
Yes audit service is needed in the Union government of this school called Auchi polytechnic.
What is audit?This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.
It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.
It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.
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What is the main problem that HISD officials were aiming to fix?
A substantial number of schools had underperforming children with subpar abilities and test scores, which was the main problem that HISD authorities sought to address.
More about HISD:
The eighth-biggest public school system in the country and the largest in Texas is the Houston Independent School District (HISD). In addition to several unincorporated areas, Houston ISD serves as a community school district for the majority of the city of Houston as well as many adjacent and island communities. It is independent of the city of Houston and county jurisdictions.
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Which of the following would not be considered as an example of industrialization
a. Replacement of human with mechanical skills
b . Improved economic organization
c . Improved extraction and working of raw materials
d. Increase in literacy
AARP expects agents offering AARP-branded products to demonstrate five key behaviors when interacting with customers. AARP wants customers we work with to feel their relationship with AARP is
There are key behaviors that AARP expects from agents offering AARP-branded products because they want customers to feel their relationship with AARP is Effortless and inspiring.
What kind of relationship does AARP want to have with customers?The American Association of Retired Persons(AARP) as the name implies, work with the elderly in society who often require greater care.
As a result, the AARP places a huge premium on its agents working well with their customers (the elderly) such that the customers don't feel stressed and are instead impressed by effortless and inspiring actions.
Options include:
Effortless and inspiring Shrewd and disconcertingStressful and uncertainFind out more on the work of the American Association of Retired Persons at https://brainly.com/question/27569316.
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Empirical findings on gender differences in negotiations may reinforce which of the following actions?
Gender differences in negotiations reinforce the following actions: women behave more cooperatively, men get higher outcomes and differences are small and situational influences loom larger.
More about negotiations:
The study of gender in negotiation had minimal bearing on the study of gender in organisations, despite the fact that negotiation is a process that increases, maintains, and decreases gender difference in organisations.
Since the 1990s, when feminist theory was first applied to negotiation, gender inequalities have sparked new research interests in the study of bargaining.
Kolb and Putnam (1997) assert that negotiation is a gendered activity, however Gray (1994) believes that negotiation is more centred on autonomous people who pursue instrumental goals.
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