The goal of management by exception is to maximize profitability by rewarding managers for exemplary performance.This claim is accurate.
What makes management by exception a successful tactic? The goal of management by exception is to maximize profitability by rewarding managers for exemplary performance.This claim is accurate.Management by exception encourages employees to take on more responsibility at work by allowing them to work independently.This company strategy can help employees become more productive since it pushes professionals to concentrate on productivity.By looking at the financial and operational results of any commercial enterprise, management by exception is practiced.The purpose is to draw attention to the notable discrepancies between the anticipated and budgeted amounts.It occurs when the management receives a warning from the firm controller about expenses that are higher than expected.To learn more about management by exception refer
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a sales manager announces that all weekly sales reports must be submitted via e-mail, rather than hardcopy. however, some of the veteran staff members are still putting their reports in the manager's office mailbox. which of the following would be the least effective way of winning over those who are resistant to this change?
Stressing that younger staff members have no problem e-mailing their reports of the following would be the least effective way of winning over those who are resistant to this change.
It can be challenging to implement change in a company, especially when it involves new technologies. The reason for this is that the organization's veteran personnel frequently oppose the adoption of new technology since they may find it difficult to adapt to it.
Therefore, management must concentrate on motivating and preparing seasoned employees to master the new technologies. Stressing that younger colleagues have no trouble using email to share reports, in contrast to them, is the least successful strategy for persuading the employees who are resistant to this shift. The acts of the sales agents under a sales manager's supervision are his responsibility and are subject to accountability.
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the attribute of makes information useful to managers because it suits their particular needs and circumstances.
True. Managers need to make decisions that are in the best interests of their companies and they need the information to do this.
Attributes of information such as accuracy, relevance, timeliness, and completeness are important to managers because they enable them to make informed decisions. Accurate information allows managers to make decisions that are based on facts and not on assumptions. Relevant information helps managers to focus on the most important issues that need to be addressed.
Timely information allows managers to react quickly to changes in the marketplace. And complete information gives managers a full picture of the situation so that they can make informed decisions. Having information that is accurate, relevant, timely, and complete makes it useful to managers in their decision-making process.
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Dewayne Gibbons of Burger King decided to introduce a new slicedchicken sandwich without consulting any of his subordinates or thefranchise. Managers who use this style of decision making exhibitthe _____ style of leadership.A) one dimensionalB) closed-doorC) consultativeD) autocratic E) autocratic laissez-faire
Dewayne Gibbons of Burger King determined to introduce a brand new sliced chook sandwich with out consulting any of his subordinates or the franchise. Managers who use this fashion of choice showcase the Autocratic fashion of management
The required details about Autocratic is mentioned in below paragraph.
Autocracy is a gadget of government wherein absolute electricity over a state is focused withinside the arms of 1 person, whose selections are challenge neither to outside criminal restraints nor to regularized mechanisms of famous control. In in advance times, the time period autocrat became coined as a positive description of a ruler, having a few connection to the idea of "loss of conflicts of interests" in addition to a demonstration of grandeur and electricity. This use of the time period persevered into current times, because the Russian Emperor became styled "Autocrat of all of the Russias" as past due because the early twentieth century. In the nineteenth century, Eastern and Central Europe have been beneathneath autocratic monarchies withinside the territories of which lived various peoples.
Autocracy is the maximum not unusualplace and durable regime type due to the fact the emergence of the state.
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a mass protest organization and a grassroots organization both rely on high levels of membership participation, but a grassroots organization:
A grass root organization relies on high levels of community-based membership participation to promote social change.
What is Grass Root Organization?The bulk of grassroots organizations are composed of ordinary citizens who are fighting for a cause to bring about change at the local, national, or international levels. As implied by the name, grassroots organizing is a type of mobilization that starts at the ground level.
In order to accomplish social change, it is a special type of social movement organization that largely relies on membership participation from the neighborhood. It lacks a hierarchical structure and functions through already-established political structures.
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can be used to improve the value that the business provides to its customers by working with the customers.
Utilizing downstream strategies, a business can increase the value it offers to its clients by collaborating with them.
In a business context, what does downstream mean?The term "downstream operations" refers to the final steps in the manufacture and sale of goods, where finished goods are produced and offered for sale to customers. Sales may be made at the wholesale level, to businesses (B2B), or at the retail level, to consumers (B2C).
What makes upstream and downstream different?Simply put, downstream refers to the procedures used after extraction until it is delivered to the customer in whatever format is required, whereas upstream works include the exploration and production of crude oil and natural gas.
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If a seller calls you (a licensed sales associate) and asks you to list his house, but under no circumstances to sell it to a minority, you should:
A. report the matter to the FHA and ask them to investigate
B. call the KREC and get a form for the seller to complete
C. comply with the request, because of your fiduciary duty to follow client instructions
D. explain to the seller that he is violating the law and refuse the listing if he persists with his request
If a seller calls you (a licensed sales associate) and asks you to list his house, but under no circumstances to sell it to a minority, you should D. explain to the seller that he is violating the law and refuse the listing if he persists with his request.
What is listing in real estate?An arrangement known as a "listing" grants a real estate broker the right to represent the seller and locate a buyer for the property on behalf of the property owner. Open listing, exclusive agency listing, and exclusive right-to-sell listing are the three different kinds of real estate listing agreements.
An employment contract between a property owner and a real estate broker is known as a listing agreement. It enables the broker to represent the seller and locate a buyer for the property under their terms, hence in the case above explain to the seller that he is violating the law and refuse the listing if he persists with his request.
Therefore, option D is correct.
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Scenario C: The Nagoya Precision Drill Company has just begun to initiate major changes in its manufacturing processes. There has been some resistance among employees to these changes, but middle management has developed some specific approaches to enlist their cooperation:
1. Management will hold a series of small-group discussions in which they will explain why the changes are being made.
2. A few leading workers known for their resistance to change have been appointed to serve as employee liaisons on the change leadership team.
3. A vacation-time bonus will be awarded to employee groups who meet the organization's timeline for implementing the changes.
4. If any employees consistently cause their work groups to fall behind schedule, they will be given the choice of either adapting to the new program or finding some other place to work.
A vacation-time bonus will be awarded to employee groups who meet Nagoya Precision Drill's timeline for implementing the changes. This measure is an example of managing resistance to change through
There are different scenarios for The Nagoya Precision Drill Company. They are something like this:
The first scenario is negotiation and rewards because the management will hold a series of small-group discussions in which they will explain why the changes are being made.For the second scenario, it is manipulation and cooptation as a few leading workers known for their resistance to change have been appointed to serve as employee liaisons on the change leadership team.A vacation-time bonus will be awarded to employee groups who meet the organization's timeline for implementing the changes. This is negotiation and rewards again for the third scenario.The fourth scenario is explicit and implicit coercion. If any employees consistently cause their work groups to fall behind schedule, they will be given the choice of either adapting to the new program or finding some other place to work.Learn more about implicit coercion here brainly.com/question/14272097
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Suppose your uncle offers you $100 today or $136 in 5 years. You would prefer to take the $100 today if the interest rate is 6 percent. 5 percent.7 percent. 4 percent.
Your uncle offers you $100 today or $150 in 10 years. You would prefer to take the $100 today if the interest rate is 5 percent yes because after 5 years it will be $2,591,85 .
What occurs if interest rates rise excessively?A recession and an increase in unemployment may result from it.
It is possible for the economy to enter a recession if the Fed raises rates too quickly and excessively. For both consumers and businesses, higher interest rates make debt more expensive and borrowing more difficult.
What Takes Place When the Fed Raises Interest Rates?The Fed's intention when raising the federal funds target rate is to raise the cost of credit across the board. Everyone ends up paying more in interest fees as a result of higher interest rates, which make loans more expensive for both firms and consumers.
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develop a tree diagram, using a team of three or more people, for a. the customer requirements for a product or service; b. planning a charity walkathon.
A tree diagram, using a team of three or more people, for the customer requirements for a product or service and the planning of a charity walkathon is illustrated.
What is a tree diagram?A new management planning tool called a tree diagram shows the hierarchy of tasks and subtasks required to accomplish an objective. A single item that branches into two or more, each of which branches into two or more, and so on, is the starting point of the tree diagram.
A tree diagram is a tool for visualizing all possible solutions to a problem. It resembles a tree because the branches display the various outcomes.
In this case, it should be noted that the customer requirements for a product or service and the planning of a charity walkathon is illustrated. This is visually attached.
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Athletix Shoe Company is bringing a new shoe to the market, so it begins a series of ads meant to highlight the new shoe for customers. These ads can be best described as ________ advertising.
O brand
O institutional
O advocacy
O competitive
O public service
A series of advertisements are launched by the Athletix Shoe Company to emphasize the new shoe for buyers as it enters the market. The best way to categorize these adverts is as brand advertisements.
Brand advertising is a type of advertising that aids in forming bonds and developing enduring relationships with customers over time.
Businesses that use brand advertising want to gain long-term public favor. These businesses build intellectually and emotionally compelling brand identities, credibility, and loyalty with their prospects.
Brand advertising and direct response advertising are the two main categories of advertising.
While brand advertising aims to raise overall demand for a brand, direct response (or performance-based) ads are used to compel people to take instant action.
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james is deciding between a job as a mechanic and a pizza delivery man. the pizza delivery job pays more, but also takes up much more time. which of the following could be considered an opportunity cost of taking the pizza delivery job? james is deciding between a job as a mechanic and a pizza delivery man. the pizza delivery job pays more, but also takes up much more time. which of the following could be considered an opportunity cost of taking the pizza delivery job? there is no opportunity cost because the pay is higher the tips he would receive both b and c the higher wage the reduced free time
In economics, the term "contraction" describes a stage of the business cycle during which the entire economy is in decline.
How does Contraction Works?The four phases of a business cycle are generally the following: expansion, peak, contraction, and trough. An economy moves through each phase in the order listed. Economic expansion is characterized by rising GDP, rising per capita income, falling unemployment, and generally strong performance of equity markets. After the expansionary phase comes to a conclusion, constriction sets in. This is represented by the peak phase. The following year sees a fall in GDP and per capita income, a little increase in unemployment, and a downward trend in stock market indices.An economy that is in decline is typically a sign of future financial difficulty. Increased unemployment results from the economy's sudden decline.No economic downturn lasts forever, but it can be challenging to predict how long a slump will last before it turns around. A contraction, as was the case during the Great Depression, might endure for a long time.The ancillary effects of contraction are what the general people is most affected by, even though GDP is the main indicator used to gauge the state of the economy and identify the stage of a business cycle. Low productivity nearly always results in more unemployment and lower earnings since there is less work available when production is low.The Complete Question is contraction.
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In order to put a marketing concept into practice, you need a _____ for performing two tasks, including selecting a target market. a. marketing scheme b. marketing plan c. marketing strategy d. marketing mix
In order to put a marketing concept into practice, you need a marketing strategy for performing two tasks, including selecting a target market. The correct answer would be option C.
A company's overall plan for reaching out to potential customers and converting them into buyers of their goods or services is referred to as a marketing strategy. The value proposition of the business, critical brand messages, information on potential consumer demographics, and other important components are all included in a marketing plan. The four Ps of marketing—product, pricing, place and promotion—are covered in-depth in a marketing strategy.
The company's value proposition, which explains to customers what the company stands for, how it runs, and why it merits their business, should be the focal point of a clear marketing plan. This gives marketing teams a blueprint to use when they develop initiatives for all of the company's goods and services.
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The MRP process of determining requirements for lower level items based on the master production schedule is referred to as
a. lot sizing.
b. netting.
c. backward scheduling.
d. exploding.
The MRP process of determining requirements for lower level items based on the master production schedule is referred to as lot sizing.
What is lot sizing?Lot sizing is the process of combining the calculated net requirements by a specific unit while taking cost-saving and productivity into account. There are two primary forms of lot sizing: a period-based unification approach and a quantity-based unification method. Before they are converted into planned order receipts and then planned order releases in an MRP system, lot sizing (also known as batching) in material needs planning (MRP) is the process of changing the net requirement amounts. You must strike a balance between conflicting priorities when working in a supply chain. Calculating how much material to order each time your inventory has to be refilled is an excellent example. This amount is what we refer to as the lot size.To learn more about lot sizing refer to:
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According to the _____, people have the ability to control their lives and are not simply controlled by the environment.a. humanistic approachb. psychodynamic approachc. evolutionary approachd. behaviorism approach
Correct option is A, According to the humanistic approach, people have the ability to control their lives and are not simply controlled by the environment.
What is meant by humanistic approach in psychology?A comprehensive psychological approach that emphasizes the whole person is humanistic psychology. According to humanist theory, a person is "in the process of being," making conscious human experience the cornerstone of psychological theory. To overcome the shortcomings of psychoanalysis, psychodynamic theory, and behaviorism, humanistic psychology was created. Understanding behavior through the lens of human experience is the cornerstone of this movement.
This branch of psychology adopts a phenomenological perspective in which personality is examined from a person's purely subjective viewpoint.
The core principles of humanistic psychology, which are also fundamentally similar to those of transpersonal and existential psychology, are as follows:
It is impossible to view or reduce humans to their component parts or to the total of their parts.
Humans are unique in both the human and cosmic contexts.
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If a certain combination of goods or services lies outside the production possibilities curve of an economy, which of the following is true? ( )
Effective trade barriers have reduced foreign imports into the economy.
New technology is being used in production.
Resources are not available to achieve that combination of goods or services.
Resources are not being used efficiently to achieve that combination of goods or services.
Resources are being used at a more rapid rate than they were in the past.
Achieving that combination of goods or services is not possible due to a lack of resources.
What are the Factors of Production?For the economy to expand, there must generally be an increase in the production of goods and services as a whole. This is required to meet growing population aspirations and population expansion. Growth is stagnate if overall production does not rise at a rate that corresponds to these predictions.
The elements of production in an economy are labour, capital, and natural resources.
Labour is the term used to describe the human labour required to generate goods and services. People who are employed or who are looking for work are considered to be a potential source of labour for the economy.Capital Capital is a type of production factor that is made specifically to be used in the creation of other goods and services. Capital includes things like office buildings, machinery, and tools.Natural resources are those that can be used to produce goods and services and are derived from the natural world.To know more about Factors of Production refer to :
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As the typical investor ages the composition of their wealth usually switches from primarily______ to primarily ______.
A.human capital; financial capital
B.financial capital; human capital
C.intellectual capital; physical capital
D.investable capital; noninvestable capital
As the typical investor ages the composition of their wealth usually switches from primarily financial to primarily human capital. Option B
What is meant by human capital?The information, skills, and health that people invest in and amass throughout the course of their life give them the opportunity to realize their potential as contributing members of society.
A nation's current pool of skill, aptitude, expertise, education, and information is referred to as its "human capital." To create more human capital from human resources, we must invest in human capital.
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Answer:
B.financial capital; human capital
Explanation:
The adolescent brain is
A. a work in progress.
B. consistent since infancy.
C. not producing new brain functions.
D. fairly rigid with minimal plasticity
Inside the adolescent brain is the biggest modification is the "pruning" away of unused connections in your child's grey matter, which is the area of the brain responsible for thought and processing.
The Correct Answer is A. a work in progress.
What is Building a healthy teenage brain?Your child's behavior, thoughts, and feelings are influenced by a combination of their surroundings and their particular brain. For instance, the brain may become "hard-wired" with your child's favored activities and abilities.Brain development is greatly influenced by how youngsters spend their free time. It is therefore important to consider the variety of interests and experiences your child has, including music, sports, studies, foreign languages, and video games. What impact do these have on the type of brain your child will have as an adult?In your child's environment, you play a significant role. Your kid really appreciates you. It will be crucial for your child's development of a healthy brain how you influence and guide them.You can achieve this by: promoting good behavior, helping your youngster get lots of sleep while encouraging sound thinking.To Learn more About adolescent brain refer to:
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a neighborhood shopping center consists of large stores featuring shopping goods, professional offices, a branch bank, and also a movie theatre or a supermarket.
A customer engages in shopping when they browse the products or services offered by one or more merchants with the potential to buy a satisfactory selection of them.
What two sorts of shopping are there?Shopping items are divided into two categories: heterogeneous shopping products and homogeneous shopping products based on how similar they are to other products in the same segment.
What happens when you shop?
A consumer's decision-making process is referred to as their buying process. A standard model of consumer purchase decision-making includes the following steps: recognizing objectives and goals, acquiring information, weighing options, making a purchase, and evaluating the experience afterwards.
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at zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at $30000. at 15000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at $135000. total fixed costs and unit variable costs are: o $30000 fixed plus $9 per direct labor hour variable. $30000 fixed plus $7 per direct labor hour variable. $105000 fixed plus $2 per direct labor hour variable. $105000 fixed plus $7 per direct labor hour variable.
The total fixed costs and unit variable costs are B. $30,000 fixed plus $ 7per direct labor hour variable
What is a fixed cost?A company's fixed costs are its outlays that don't change over the course of a given fiscal year. These are the expenses that are unaffected by output size or volume. Because they must be paid regardless of output level, fixed costs are the costs of doing business. Rent, administrative salaries, insurance, depreciation, and license fees are examples of fixed costs.
Fixed costs are expenses that remain constant regardless of whether sales or production volumes rise or fall. This is so because they are not involved in the actual process of producing a good or providing a service. Fixed costs are therefore regarded as indirect costs.
The fixed cost is $30000. The unit variable cost will be:
= ($135000 - $30000) / 15000
= $105000 / 15000
= $7
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You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. You plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. What will the portfolio's new beta be? Do not round your intermediate calculations. 1.093 1.185 1.127 1.150 1.242
A diversified portfolio consists of $100,000 with 20 stocks and $5,000 invested in each of the stock 1.15
What is portfolio?
A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.
The portfolio beta is 1.12
You plan to sell a stock with a beta of 0.90, the proceeds gotten from it will be used to purchase a new stock with a beta of 1.50
Therefore, the portfolio's new beta can be calculated as follows
= (20×1.12-0.9+1.50)/20
= (22.4-0.9+1.50)/20
= 23/20
= 1.15
Hence the portfolio's new beta is 1.15
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T/F. accrued fees earned are recorded during the adjusting process. the reversing entry will leave a debit balance in fees earned as of the first day of the next period.
Correct answer is false.
When the cash is received at a later time, an adjusting journal entry is made to record the payment for the receivable account. An collected rate is the rate that has been incurred (goods or offerings have been consumed) earlier than the cash payment has been made.
What is an example of an gathered expense?Any cost you report now however diagram to pay for at a later date creates an gathered price account in your books. An instance of an amassed cost would possibly include: Bonuses, salaries, or wages payable. Unused holiday or ailing days.
What is an accumulated expense in accounting?Share. Accrued costs are those incurred for which there is no bill or different documentation. They are labeled as modern liabilities, meaning they have to be paid within a contemporary 12-month duration and show up on a company's balance sheet.
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https://brainly.com/question/18958281#SPJ4the shipping terms, fob place of destination, indicate that the seller must deliver the goods at the place named and bear the expense and risk of shipping.
The shipping terms, fob place of destination or Free on Board Destination, indicate that the seller must deliver the goods at the place named and bear the expense and risk of shipping.
The Free on Board Destination is a financial term that is used to reflect, if the buyer and seller is responsible for the products that are damaged or destroyed during shipping.
Free on Board destination is the shipping point that reflects the buyer is at a risk as they take the responsibility of the products when they are shipped by the seller.
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Each individual firm will maximize its profits or minimize losses by hiring a specific type of labor up to the point where the marginal revenue product is ______ marginal resource cost.
Equal to
Each individual firm will maximize its profits or minimize losses by hiring a specific type of labor up to the point where the marginal revenue product is Equal to marginal cost.
Why does profit increase if MR = MC?The biggest difference between total revenue and total cost is reached at production levels where MR = MC, which serves as our definition of producer's equilibrium and promotes profit maximization. Therefore, MC MR is a prerequisite for a scenario with sustained profit. The additional money that results from raising the quantity is known as the marginal revenue. The additional revenue "at the margin" is another name for this. Profit is therefore maximized when marginal cost equals marginal revenue, or when marginal profit is equal to zero. Profit depends on the equation profit = Total revenue - Total cost. As a result, a company optimizes profit when the first order, MR = MC, and the second order depend on the first order.
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____ advertising is heavily used during the growth and early maturity stages of the product life cycle.
Persuasive advertising is heavily used during growth and early maturity stages of product life cycle.
What is advertising?Advertising is a procedure and a collection of tactics used to market a good or service. Utilizing advertising, businesses attempt to draw customers' attention to their goods and services. Through "branding," which is the process by which people connect a product name or image with specific qualities, commercial advertising often tries to boost consumer use of their goods or services. On the other hand, direct-response advertising refers to commercials that are meant to prompt a purchase right away. Political parties, interest groups, religious institutions, and governmental agencies are examples of non-commercial organizations that market their products or services more than profit-making companies. One sort of free persuasion that non-profit organizations are allowed to utilize is public service announcements.
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All of the following are due diligence requirements a paid tax preparer must meet when filing a return for a taxpayer claiming EITC, CTC/ACTC, ODC, AOTC, and/or head of household filing status EXCEPT:A) Investigate and verify the accuracy of information the taxpayer provides to show eligibility for the credits and/or head of household filing status.B) Complete all worksheets used to compute the credit. If the worksheet is completed by hand, keep a hard copy in the taxpayer's client file.C) Document the questions and answers asked about significant issues on the return.D) Complete and maintain a copy of Form 8867, Paid Preparer's Due Diligence Checklist.
Complete all worksheets used to compute the credit. If the worksheet is completed by hand, keep a hard copy in the taxpayer's client file.
In commercial enterprise, commerce, and economics, a client is someone who gets recommendation or offerings from a expert, along with a attorney or a fitness care provider. customers vary from clients in that clients are idea of as "one-time consumers" even as clients may be seen as "lengthy-term recipients",[1] and customers buy goods as well as services. The time period purchaser is derived from Latin clientem or clinare which means "to incline" or "to bend", the same root as many other comparable words along with climate and incline. customers of fitness care carriers are typically called patients, even though it isn't unusual for therapists to use the word client.[3]
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When used to build trust through the advertiser's consumer orientation, competence, dependability, candor, and likability, the Internet is an __________________ (effective/ineffective) tool in personal selling.
When used to build trust through the advertiser's consumer orientation, competence, dependability, candor, and likability, the Internet is an effective (effective/ineffective) tool in personal selling.
What is meant by consumer orientation?Customer orientation is a business strategy that prioritizes the demands of the client over those of the company. Customer-focused businesses are aware that without continually increasing their customer attention, they won't succeed. It's a mode of thinking that ties your company's objectives to those of your clients.
Consumer satisfaction cannot be attained without a focus on the customer. Your company may enhance customer orientation with knowledge about client expectations and satisfaction. It is feasible to keep an eye on and enhance operations by tracking client satisfaction because this data is crucial.
Customer satisfaction is the aim of customer-focused businesses in order to keep customers for longer. Customer-centric businesses also naturally draw customers to their offerings.
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Strategic fit between two or more businesses exists whenever one or more activities comprising the value chains of different businesses are sufficiently similar to present opportunities:
For cross-business use of a potent brand name/or cross-business collaboration to build new or stronger competitive capabilities.
Strategic fit between two or more businesses exists for cross-business use of a potent brand name/or cross-business collaboration to build new or stronger competitive capabilities.
Demonstrate Strategic fitThe degree to which a business is aligning its resources and talents with the opportunities in the external environment is expressed by its strategic fit. The organization must therefore have the actual resources and competencies to implement and support the plan because the matching is done through strategy. A company's existing strategic predicament as well as opportunities like mergers and acquisitions (M&A) and the sale of organizational divisions can both be evaluated actively using the concept of strategic fit. The resource-based approach of the business, which contends that internal attention on maximizing the distinctive qualities of the company's portfolio of resources and skills rather than focusing exclusively on positioning and industry choice, is connected to strategic fit.
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robert's wife fiona does not work, and they file a joint tax return. robert can contribute on behalf of fiona into a:
Robert's wife Fiona does not work, and they file a joint tax return. Robert can contribute on behalf of Fiona into a Spousal IRA.
Give a brief account on joint tax return.A joint return is a tax return submitted to the Internal Revenue Service (IRS) on the new, streamlined Form 1040 (as of 2018) by two married taxpayers whose filing status is married filing jointly (MFJ) or by a taxpayer who has lost a spouse and whose filing status is qualified widow or widower (QW). These taxpayers can consolidate their tax liabilities and record their income, deductions, and credits on a single joint return by filing a joint return. The use of advantageous joint return tax brackets, tax rates, and tax benefits allows qualified taxpayers to calculate their taxes. Thus, married couples that file a single return as opposed to two separate filings typically pay less in total tax.
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Table 12.16
Firm B
High Price
Low Price
Firm A
High Price
20, 20
10, 30
Low Price
30, 10
15, 15
Reference: Ref 12-16
(Table 12.16) In the table, the payoffs represent profits measured in thousands of dollars. In this infinitely repeated game, Firm A and Firm B are both using grim trigger strategies and agree to charge a high price in period 1. If Firm A has a change of heart and decides not to charge a high price in period 1, what is Firm A's expected payoff from cheating? Assume that d = 0.9.
$580,000
$2 million
$315,000
$165,000
Firm A's expected payment from cheating is $165,000. In Grim Trigger strategy, players cooperate in first and subsequent rounds unless their opponent deviates from agreement.
Is Grim Trigger SPE?Trigger is SPE. If both players are playing Grim Trigger: One player is flawed According to history, both players should always be flawed. In these subgames, both react best when they cannot influence their opponent's play, as there is no reason to cooperate. Players are forever trampled when they realize their opponent betrayed them in the previous game.
Is the Grim Trigger strategy subgame perfect?For d ≥ 1/2, we conclude that the strategy pair where each player's strategy is the Grimm-his trigger strategy is an infinitely repeated subgame perfect equilibrium of the prisoner's dilemma.
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g what does the blue shaded area (labeled a) represent? group of answer choices profit loss total revenue total cost
The lighter-shaded rectangle, which has amount on the horizontal line and marginal production costs on the vertical line, represents the firm's total costs.
What does the word "revenue" mean?
Revenue, which is determined by dividing the average retail price by the quantity of units sold, is the money made from regular business operations. The power play (or gross income) number is what is used to calculate net revenue by reducing costs. Purchases are yet another name of revenue in the income statement.
What are some instances of income?
Revenues are frequently substituted with the word income. Sales, service revenues, earned fees, interest revenue, and interest income are a few examples of revenue accounts. Revenue accounts typically contain outstanding debt because they are credited whenever services are rendered and billed.
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