Customers could be made feel special through our kind words and gestures.
How do you make customer make feel special?Giving attention: Pay attention to and take note of all the minor details when interacting with your consumers, even if they don't seem to be relevant to the current transaction.Make them your priority :Consider whether you're providing customers with the information they need at every opportunity.Be open to criticism: Your best opportunities for providing excellent customer service come from consumer criticism or complaints. Correct your mistakes: You can take action to make things right after you are aware of what you've done incorrectly.Customers who don't feel valued may decide to patronize rival businesses who will cherish their patronage. The importance of customer gratitude cannot be overstated.To learn more about customers , refer:
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nancy bought 50 shares of abc stock for $50 per share. she made additional purchases at the end of each of the following years: year 1: 10 shares at $52 per share year 2: 10 shares at $53 per share year 3: 10 shares at $45 per share abc stock has not paid any dividends during her holding period. at the end of year 4, the stock is trading for $55 per share. which of the following is nancy's return over the past four years on abc stock (assume she sells the stock for the current trading price)? a) 2.95% b) 3.25% c) 5.00% d) 4.65%
The answer is 2.95%. The dollar-weighted return is calculated as follows:
Briefing:-CF0 (2,500) [50 × $50]
CF1 (520) [10 × $52]
CF2 (530) [10 × $53]
CF3 (450) [10 × $45]
CF4 4,400 [80 × $55]
Solve for IRR/YR = 2.95%
How much money has Marty invested overall in Harley-Davidson?Therefore, Marty has a total of $16,000 invested in Harley-Davidson.
When shares are held in street name, what does that mean about the shares?When a brokerage holds a securities on behalf of a client, it is said to be held in "street name. The broker's name is listed on the stock or bond certificate, but the owner of the securities is the one who made the purchase.
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What did george w. Bush’s council of economic advisers conclude was a long-run effect of immigration on government budgets?.
The George W. Bush administration's council of economic advisers came to the conclusion that there was no long-term impact of immigration on government spending since immigrants from Europe and the Caribbean do not rely on social assistance.
What was the Council of Economic Advisers?The President receives impartial economic advice from the Council of Economic Advisers, a unit of the Executive Office of the President, on how to formulate both domestic and foreign economic policy.Currently, the Council consists of a Chairman and two Members. Jason Furman serves as the Chairman. Jay Shambaugh and Sandra Black are the Council's members. A team of senior professional economists, staff economists, research assistants, a statistical office, and staff economists support the Council.Since immigrants from Europe and the Caribbean do not rely on social assistance, the economic advisers to the George W. Bush administration came to the conclusion that immigration had no long-term impact on government spending.Therefore, the George W. Bush administration's council of economic advisers came to the conclusion that there was no long-term impact of immigration on government spending since immigrants from Europe and the Caribbean do not rely on social assistance.
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in the months prior to the chapter 7 bankruptcy, what actions were taken by ashmark to reduce their risk? how effective were those actions?
in the months before the chapter 7 bankruptcy, the action taken by ashmark to reduce its risk was to spend money before filling. This is very effective.
Bankruptcy is a legal process involving a person or business that is unable to repay its debts. The bankruptcy proceedings begin with an application filed by the debtor, which is most common, or on behalf of the creditor, which is less common. All debtor assets are measured and evaluated, and these assets can be used to repay part of the debt.
Bankruptcy offers individuals or businesses the opportunity to start over by writing off unpaid debts while giving creditors the opportunity to obtain multiple payment measures based on the individual or business assets available for liquidation. In theory, the ability to file for bankruptcy benefits the economy as a whole by providing people and companies with a second chance to gain access to credit and by providing some debt repayments to creditors. After successfully completing the bankruptcy process, the debtor is released from debt obligations that arose before filing for bankruptcy.
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one month after an individual purchased 250 shares of an open-end investment company, there was a long-term capital gain distribution. this payment would be taxable to the individual as:
There was a long-term capital gain distribution, this payment would be taxable to the individual as ordinary income tax rates.
What is income tax?An income tax is a charge levied against people or organizations (taxpayers) in relation to their earnings (commonly called taxable income). The tax rate plus the total amount of taxable income are typically added together to determine income tax. The tax rate can be influenced by a number of variables, including the type of taxpayer and the type of income. The tax rate could increase as taxable income increases. The tax imposed on businesses is typically referred to as corporate tax and is frequently assessed at a flat rate. Local charities are generally exempt from taxation in most jurisdictions. Investment income may be subject to different (usually lower) tax rates than other forms of income.
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how does a high rate of interest affect the likelihood that people will spend more in the present to buy more expensive non-tradtional heating systems such as solar panels to benefit themselves in the future or to benefit future generations ? a high interest rate increases the likelihood because the rate of return is so high. a high interest rate has no impact on the situation; there is no impact on average rate of return. a high interest rate reduces the likelihood of the investment, because so the money could be invested elsewhere for a high rate of return. a high interest rate increases the likelihood because the marginal return is changed.
A high interest rate has no impact on the situation.
Consumer spending or investing in the costly non-traditional heating structures inside the present or in destiny will have no adjustments however a decrease common go back charge. based totally on client behavior it's miles highly not going that purchasers could spend extra thinking about the reality that the hobby fee is high.
But in destiny, the call for for the equal solar heating system would be lower to be able to cause a decrease interest fee, In that situation, the customer can be inclined to spend in any other case it's far less in all likelihood as the hobby price is high or low has a very negligible effect on the scenario like this.
The interest rate is the quantity a lender fees a borrower and is a percent of the important—the quantity loaned. The interest price on a loan is typically referred to on an annual basis called the annual percent charge (APR).
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17. a firm with variable-rate debt that expects interest rates to rise may engage in a swap agreement to
The correct answer is B) Pay floating rate and receive a fixed rate. Thus A firm with fix rate debt that expects interest rates to fall may engage in a swap agreement to pay a floating rate and receive a fixed rate.
This statement is correct because the firm is already paying fixed interest on its debt which may fall. So, the firm will swap this agreement using a floating-to-fixed swap in which the firm will going to pay an interest rate (floating rate) and will get a fixed interest rate. Here the firm is already paying a fixed interest rate on its debt so it will not choose to pay a fixed interest rate. It will not swap it with fixed to floating swap.
The complete question is: A firm with fix rate debt that expects interest rates to fall may engage in a swap agreement to:
A) pay fix rate interest and receive floating-rate interest.
B) pay floating rate and receive a fixed rate.
C) pay a fixed rate and receive a fixed rate.
D) pay a floating rate and receive a floating rate.
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Marketing research is the process of defining a marketing problem and opportunity, systematically collecting and analyzing information, and ________.
Marketing research is the process of defining a marketing problem and opportunity, systematically collecting and analyzing information, and recommending actions to improve an organization's marketing activities.
The key purpose of marketing is to get humans interested in the products or offerings of a company. This takes place via market evaluation, studies, and considering the hobby of a commercial enterprise's ideal customers and attracting them through messaging which would be academic and useful to a commercial enterprise's goal institution.
An advertising plan is the advertising strategy that an enterprise will implement to sell its products or services. The marketing plan will assist determine who the target marketplace is, how high-quality to attain them, at what fee factor the services or products need to be sold, and the way the business enterprise will degree its efforts.
Well, you could and that tool is the net, the maximum powerful advertising, and marketing tool on the planet with nearly limitless reach. Many small agencies feel that old-college advertising and marketing approaches are sufficient. If this sounds like you, you then are not utilizing the internet to its full ability.
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In what way is the work of the adirondack land trust different from the other organizations described in the activity?.
The way in which the work of the Adirondack land trust, is different from the other organizations described in the activity is because its operates on a living model of how people embrace and respect the natural world.
What is the Mission of Adirondack land trust?First, a land trust refers to a legal entity that takes ownership of or authority over a piece of property at the request of the property owner. These land trusts are living trusts that allow for the management of property while the owner is alive.
The mission of the Adirondack Land Trust, an organization involved in land trust as explained above, is to continually conserve the forests, farmlands, waters and wild places that advance the quality of life of our communities and the ecological integrity of the Adirondacks.
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which of the following is true of how agency relationships are created? a.) they are typically classified as formal or informal. b.) they are rarely created in the modern economy. c.) they must be created by lawyers. d.) they can be created by contract or by agreement.
They are rarely created in the modern economy.
Corporation relationships require a trade of consideration to be shaped. Legally binding agency relationships may be fashioned among a primary who's a minor and an agent if the agent is a fully successful adult
All enterprise relationships are fiduciary relationships. this indicates the connection involves a positive level of trust and confidence. The agent is obligated to act within the quality interests of the major because the agent's moves will create legal duties for the fundamental.
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Answer:
d.)
They can be created by contract or by agreement.
Explanation:
Most agency relationships are created by contract or agreement.
given a stock index with a value of $1,125, an anticipated dividend of $33, and a risk-free rate of 4%, what should be the value of one futures contract on the index?
The value of the futures contract on the index will be equal to $1137.
Stock Index may be defined as the scale that reflects the changes happening in the stock market. It is created by using or grouping up of similar stocks and criteria are set for various types of stocks. Stocks are entities that have a monetary value and that can be bought or sold by individuals or organizations in order to have an extra amount of investment. The formula for calculating the Future value is expressed as
Future value = Stock Index Value × (1 + risk free rate) - dividends
According to question, Stock Index Value = $1125, Risk free rate = 4% = 0.04 and Dividend = $33. Now,
Future value = $1125 × (1 + 0.04) - $33
Future value = $1137
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On january 1, 2024, corvallis carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank. Payments of $566. 14 are due at the end of each month, with the first installment due on january 31, 2024.
The appropriate entries to record the issuance of the note payable for cash and the first monthly payment are: Debit Equipment $30,000
Credit Notes payable $30,000; Debit Notes payable $441.14, Debit Interest expense $125, Credit Cash $566.14.
How to prepare the journal entry?Corvallis Carnivals Journal entries
January 1, 2024
Debit Equipment $30,000
Credit Notes payable $30,000
( To record issuance of the note payable)
January 30, 2024
Debit Notes payable $441.14
($566.14-$125)
Debit Interest expense $125
($30,000 × 5% × 1 / 12)
Credit Cash $566.14
(To record first monthly payment)
Therefore the entry is Debit Equipment $30,000, Credit Notes payable $30,000.
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The complete question is:
On January 1, 2024, Corvallis Carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank. Payments of $566.14 are due at the end of each month, with the first installment due on January 31, 2024. Record the issuance of the note payable for cash and the first monthly payment.
a company has actual unit demand for four consecutive years of 100, 105, 135, and 150. the respective forecasts were 120 for all four years. which of the following is the resulting mad value that can be computed from these data? multiple choice 20 30 2.5 22.5 10
The mean absolute deviation value, based on the data on the demand for four consecutive years, is A. 20.
How to find the mean absolute deviation?To find the mean absolute deviation, first find the absolute error, between the forecasts and the actual unit demand in the four years.
Year 1: Year 2:
= Forecasted - actual unit demand = 120 - 105
= 120 - 100 = 15
= 20
Year 3: Year 4:
= 135 - 120 = 120 - 150
= 15 = 30
The mean absolute deviation value is therefore:
= ( 20 + 15 + 15 + 30) / 4 years
= 20
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what is the rarest skin, backbling, glider, contrail and banner in #ortnite
Answer:
renegade raider, black shield, mako glider, cash flow, world cup 2019
Explanation:
What does a decrease in federal government purchases do to the neo-keynesian model used in class?.
Keynesians believe that due to the fact expenses are extremely inflexible, fluctuations in any component of spending—consumption, funding, or government fees—purpose output to exchange.
If government spending will increase, for an instance, and all different spending additives continue to be consistent, then the output will grow.
It blanketed tax cuts/credit and unemployment benefits for families; it also earmarked expenses for healthcare, infrastructure, and education. those stimulus measures and federal interventions helped America's economy get better, preventing the splendid Recession from turning into any other complete-blown depression.
He argued that uncertainty prompted people and agencies to stop spending and making an investment, and government have to step in and spend cash to get the financial system lower back on course.
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what is a pattern of action by the members of an organization that directly or indirectly influences organizational effectiveness?
Workplace behavior is a pattern of action by the members of an organization that either directly or indirectly influences organizational effectiveness.
An organizational member's pattern of behavior at work can have a direct or indirect impact on the effectiveness of the organization. The group of work-related behaviors that an individual must exhibit to uphold the psychological contract with the organization is known as performance behaviors. The term "workplace behavior" refers to the way your employees interact with customers, how they treat one another, and how they carry out their daily tasks.
Workplace conduct is based on an individual's performance—how they carry out their duties and complete their assigned tasks. A successful organization needs employees who are not only knowledgeable and well-trained but also in positions that play to their strengths and weaknesses.
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Resources x Give Upe Rambutan is a fruit prized in Eastern Asia for its unique hairy look. Once peeled, it reveals a sweet, slightly sour grape-like gummy tasting fruit. Consider the graph for marginal revenue (MR), marginal cost (MC), and average total cost (ATC) for a perfectly competitive rambutan farmer. Move point A to label the profit-maximizing output and price for this farmer Price (5 per bushel) ONWOO0ONGOS 0 1 2 3 Quantity of rambutan (bushels) This firm is currently incurring a prolit . In the long run, other firms will enter this market. If the market price falls to $8 per bushel, then this firm is at its shut down price. this firm is making an economic profit. this firm is breaking even (zero profil). this firm is incurring a loss.
Option C. If the market price falls to $8 per bushel, then this firm is breaking even (zero profit).
What does it mean for the the firm to break even?The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.
When revenue and costs are equal, that is the moment at which the company becomes profitable. Break-even point is calculated as follows: (average selling price - variable costs)
A company starts to produce normal profits at break-even point. Total income and total expense are equal at this time.
At the long run. other firms are also going to have to enter this market. If the firm continues to make its profit, it would be able to survive., Otherwise it may have to exit the market.
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bryson sciences is planning to purchase a high-powered microscopy machine for $385,000 and incur an additional $31,300 in installation expenses. it is replacing older microscopy equipment that can be sold for $116,500, resulting in taxes from a gain on the sale of $42,600. because of this transaction, current assets will increase by $11,000, and current liabilities will increase by $5,200. calculate the initial cash flow in the high-powered microscopy machine.
Initial cash drift is the complete money that is available when a challenge or enterprise is in the planning stages.
The determine consists of any loans or investments made in the project.
How do you calculate preliminary capital?To calculate the initial investment outlay, take the price of new equipment for the task plus working costs such as supplies. Subtract the cost of any historic equipment you promote off, then add any capital good points tax or loss you make on the sale. That gives you your outlay.
How many techniques are there to calculate cash flow?The important aspects of the CFS are cash from three areas: Operating activities, investing activities, and financing activities. The two techniques of calculating cash glide are the direct method and the indirect method.
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https://brainly.com/question/735261#SPJ4A firm that uses __________ segmentation divides a market into groups based on values, attitudes, or interests.
A firm that uses psychographic segmentation divides a market into groups based on values, attitudes, or interests.
What is the importance of segmentation in business?Businesses may use time, energy, and other resources more effectively by segmenting their customers. It aids in the identification and improvement of your target markets and ideal clients.
The research method known as "psychographic segmentation" is used to examine consumers and categorize them based on psychological traits. It made identifications based on social structure, attitudes, and values.
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according to the department of justice, an agreement between competitors to establish or adhere to uniform price discounts is a type of which antitrust violation?
Agreement of setting uniform price discounts is violation of federal and state antitrust laws
Price fixing is a conspiracy or agreement between business competitors to set their prices to buy or sell goods or services at a certain price point.
Antitrust laws typically require that each business establish prices and other competitive terms independently, without consulting a competitor.
The enforcement of government antitrust laws is highly concerned with price fixing. The FBI and other federal law enforcement organisations routinely look into people and businesses that knowingly enter into price-fixing agreements, and these people and businesses may face criminal charges. Long prison sentences (up to ten years) and hefty fines (up to $1 million for people, $100 million for businesses, or twice the gain or loss from the offense) are among the possible punishments. The FTC may also file a civil enforcement action when necessary.
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What type of relationship do a lawyer and a client have? a. a labor relationship b. a tort relationship c. an administrative relationship d. an agency relationship please select the best answer from the choices provided a b c d
The answer is d lawyers have an angency relationship with clinets since they can't have personal relations
the percentage of consumers in the target audience actually exposed to a particular advertisement in a stated period of time is the definition of
The percentage of consumers in the target audience actually exposed to a particular advertisement in a stated period of time is the definition of reach.
What is reach?Reach is the total number of distinct individuals or households exposed to a medium over the course of a certain time period in the context of applying statistics to advertising and media analysis. However, the number of people who will actually be exposed to and consume the advertisement should not be confused with reach.Based on signed-in users, ad reach is an estimation of the population inside a location target. To get a general estimate of how many people your ads could reach in a specific location, use the reach numbers given.Therefore, the percentage of consumers in the target audience actually exposed to a particular advertisement in a stated period of time is the definition of reach.
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considerations must be made in order to successfully integrate the usage of business intelligence systems in a company. these considerations include:
Considerations, in order to successfully integrate the usage of business intelligence systems in a company, include organizational culture, utilization of the system, and the mission of users valued by the system.
The system must be used and accepted by the users in order to add value to the organization. If the system does not further the users' mission, they will not use it. Success can be improved by involving senior management to help integrate BI into the organizational culture. Business intelligence (BI) combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to assist organizations in making decisions that are more data-driven.
In actuality, you can tell if you have modern business intelligence when you can use your organization's data to drive change, eliminate inefficiencies, and respond quickly to supply or market changes. Flexible self-service analysis is a top priority for modern BI solutions.
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which common financial measure is calculated by subtracting the initial investment from the future cash flows that result from the investment?
Common financial measure is calculated by subtracting the initial investment from the future cash flows that result from the investment is net present value.
The earnings declaration, stability sheet, and declaration of coins flows are required economic statements. These 3 statements are informative gear that buyers can use to investigate a company's economic electricity and offer a brief photo of a company's economic fitness and underlying value. The time period coins go with the drift refers to the internet amount of cash flow equivalents being transferred inside and out of a company.
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in which stage is a visit from a meeting planner likely to occur to a hotel when trying to decide on an appropriate location for an important meeting?
The stage where a visit from a meeting planner is likely to occur to a hotel is the general need description.
Finding the perfect location is one of the very first steps in preparing for a meeting or a conference. Understanding the target audience is recognized to be a factor that can help someone decide what information to include, how to organize that information, and what kind of supplementary material would be required. All this is included in a general need description.
The overall qualities and amount that is required of an item or any other thing the firm desires to take up are described in the general need description. It also shows a meeting planner visiting a hotel to determine whether the setting for an important gathering will be adequate.
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1-a. using these estimates, calculate the amount by which income from operations would increase (decrease). 1-b. should the company extend credit?
Operations revenue is reduced by $4,343.75
Since the corporation increases its credit by $5,000, it follows that the credit would be increased.
At the conclusion of the accounting period, the corporation prepares the financial statement of profit and loss. It displays the overall earnings for the accounting period as well as the total costs incurred. The difference between the entire revenue and the total expenses is the income from operations.
The following details have been provided for Nutty Productions Inc.
$32,000 is the total revenue for the service.
The operating revenue is $11,000.
Percentage of income from operations to total service revenues
= (income from operations / total service revenues) x 100
= ($11,000 / $32,000) x 100
= 0.34375 x 100
= 34.375%
The current operating income margin is 34.375%.
$63,000 has been added to the revenue as a result of the credit extension.
The increased revenue is computed as follows.
Additional revenue times the percentage of income from operations equals additional revenue earned.
=$63,000 x 34.375%
=$21,656.25
The increased earnings total $21,656.25.
the $26,000 in additional costs that must be paid
Below is a calculation of how much Income from Operations has increased or decreased.
increase/ (decrease) in Income from Operations
= additional income generated - additional expense incurred
=$21,656.25 - $26,000
= ($4,343.75)
The income from operations is down by $4,343.75
The entire income would be if credit were not granted, which would be
= Service revenue + operating income
= $32,000 + $11,000
= $43,000
In the event that credit is granted, the total revenue would be
= Service revenue - Additional costs for wages and bad debts - Income from operations
= $63,000 + $11,000 - $26,000
= $48,000
Since the business offers credit increases by $5,000 then it means that the company will extend its credit.
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COMPLETE QUESTION:
Nutty Productions Inc. generated service revenue of $32,000 and income from operations of $11,000. The company estimates that had it extended credit it would have instead generated $63,000 of service revenue, but it would have incurred $26,000 of additional expenses for wages and bad debts.
1-a. Using these estimates, calculate the amount by which Income from Operations would increase (decrease).
b. should the company extend credit?
javier operates a wedding preparation service that helps couples plan their weddings. to maintain a quality image and a standardized offering, javier provides extensive training for each of his employees. what unique aspect of services is javier trying to address? multiple choice intangibility uniqueness of the service impressionability inconsistency inseparability
The unique aspect of services is Javier trying to address is inconsistency.
What is unique aspect?Distinctive things have special qualities or traits that make them easily recognizable and distinguishable from others of the same kind. There are four main aspects of him: Basic, Progressive, Perfect and Perfect Progressive. Since all verbs have both tenses and aspects, all combinations of tenses and aspects are possible, such as past continuous and future perfect. Identifying aspects requires both intuition and analytical thinking, and sensitivity to both. Intuition, semantics, analysis, sensing meaningful differences and revealing them.
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Once the adjusting entries are posted, the adjusted trial balance is prepared to?.
To guarantee the accuracy and balance of the period-ending financial statements, the adjusted trial balance is finished.
What is prepared after the adjusting entries are entered?At the conclusion of an accounting period, a trial balance is created, and adjusting entries are then made in your accounting journals.The same as with any other accounting journal entry, adjusted entries are made in your accounting journals and then posted to the general ledger.An adjusted trial balance is used to make sure that the total debits and total credits of all accounts are equal. It is a list of all the accounts with their adjusted balances.The final financial statements are created using the corrected trial balance.To learn more about financial statements refer,
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the menu of actions management can take to change problem culture does not include which of the following? a. making a compelling case for why the company's new strategic direction and culture-remodeling are in the organization's best interests and why company personnel should wholeheartedly join the effort to doing things somewhat differently. b. replacing senior executives who are strongly identified with the old culture and who may be stonewalling needed organizational and cultural changes. c. promoting individuals who are known to possess the desired cultural traits, who have stepped forward to advocate for the shift to a different culture, and who can serve as role models for the desired cultural behavior. d. revising policies and procedures in ways that will help drive cultural change. e. shifting from decentralized to centralized decision-making so as to give senior executives more authority and control in driving the cultural change.
The menu of actions the management team can take to change the existence of problem culture does not include (E) shifting from decentralized to centralized decision-making so as to give senior executives more authority and control in driving the cultural change.
Making a difference may be simpler than you think if the cultural issue you've identified only affects one group or one person. If the issue just affects one person, attempt direct communication. Discuss the effects you are witnessing with the person and make an effort to comprehend their point of view.
If a straightforward discussion doesn't resolve the issue, you should seek HR's guidance on a positive course of action. Make sure you comprehend each of the main players' perspectives if the issue is the team dynamic.
Listen without passing judgment. You can begin to serve as a mending bridge if you can establish confidence with each of the parties involved.
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true or false: connie can clean windows in large office buildings at a cost of $1 per window. the market price for window-cleaning services is $3 per window. if connie cleans 100 windows, her producer surplus is $100. select one: true false
The statement is False. The cost of production and producer surplus is that the worth of a trafficker is paid. Unless markets area units absolutely competitive, they'll fail to maximize the overall profit to patrons and sellers.
Let P represent price; let Q^S represent the amount supplied; and assume the equation of the provision curve is: P = ten + (1/4)Q^S. For a deal to achieve success, the worth should fall between the minimum the vendor can settle for, and therefore the most the customer can pay.
Consequently, the vendor receives quite their lowest acceptable worth (producer surplus), and therefore the client gets the item for less than they were willing to pay (consumer surplus).
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what was one argument made for the construction of the panama canal? responses it would result in lower tariffs on foreign goods. it would result in lower tariffs on foreign goods. it would allow ships to move swiftly from the atlantic and the pacific in the event of a war. it would allow ships to move swiftly from the atlantic and the pacific in the event of a war. it would divert attention away from u.s. encroachment on canadian soil. it would divert attention away from u.s. encroachment on canadian soil. it would add an additional port of entry for immigrants coming to the u.s.
Based on a historical perspective the one argument made for the construction of the Panama Canal is that "it would allow ships to move swiftly from the Atlantic and the pacific in the event of a war."
The Construction of Panama Canal.The construction of the Panama canal was done in 1914 and covers about 82 km of waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and splits up North and South America.
The Panama Canal construction was essential for the political economy of the United States it cuts across the Isthmus of Panama which serves as a conduit for maritime trade.
There are various reasons or arguments for the construction of the Panama canal.
The reasons for building the Panama canal areIt would prevent warfare among competing countriesIt would lessen the distance, cost, and time it took for ships to carry cargo between the Atlantic and the Pacific OceansIt would eliminate the danger of earthquakes in Nicaragua.Hence, in this case, it is concluded that the correct answer is "it would allow ships to move swiftly from the Atlantic and the pacific in the event of a war."
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