The following statements are true about franchise owner:
In a franchise, having a well-known brand can help with marketing and public recognition.Although a franchise may have high startup expenditures, doing business through a franchise has a higher probability of success.Who is franchise owner?A franchise owner is an individual or entity that purchases the rights to operate a business under an established brand. By becoming a franchisee, they gain access to a proven business model, recognized trademarks, and support from the franchisor.
The franchise owner pays fees and royalties to the franchisor in exchange for the use of their intellectual property, training, and ongoing assistance. While the franchise owner operates independently, they must adhere to the guidelines and standards set by the franchisor to maintain brand consistency.
This arrangement offers the franchise owner a greater chance of success compared to starting a business from scratch, as they benefit from an established reputation, marketing support, and a network of resources provided by the franchisor.
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the gravity that draws economic activities together into cities is demand for
The correct option is C. The 'gravity' that draws economic activity into a cluster is the demand for access or proximity.
An economic hobby takes location whilst assets which include capital goods, labor, production strategies, or middleman products are combined to supply specific goods or services. Therefore, a monetary interest is characterized by the aid of an entry of assets, a manufacturing technique, and an output of products (goods or services).
Monetary sports are sports that are based on the production, distribution, change, and consumption of products and services. financial activities are performed by means of humans to earn their earnings and to collect wealth. for instance, a dealer, an agriculturist, a producer, a doctor, a trainer, and employees running in a factory are all examples of economic sports. those sports are completed by means of human beings to earn their livelihood and to acquire wealth.
The essence of monetary sports is the manufacturing, distribution, exchange, and consumption of goods and offerings. The return of financial sports can be expressed in monetary terms. A businessman earns earnings, a doctor expenses charges for his offerings, or a farmer grows vegetables to sell inside the marketplace.
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Complete Question:
The 'gravity' that draws economic activity into a cluster is:
a. common laws and regulations
b. common language
c. demand for access or proximity
d. cost of land
e. streets
FILL IN THE BLANK. ____ are enacted when discontented sellers, feeling that prices are too low, appeal to legislators to keep prices from falling.
Price floors are enacted when discontented sellers, feeling that prices are too low, appeal to legislators to keep prices from falling.
What are Price floors?The lowest permitted price that can be paid in a market for goods and services, labor, or financial capital is known as a price floor.
The minimum wage, which is founded on the normative idea that someone performing a full-time job should be able to afford a basic level of living, is maybe the best-known example of a price floor.
The minimum wage is the most significant illustration of a price floor. The highest price that can be charged for a good or service is known as a price ceiling. In many locations, rent control sets a maximum price for flats.
Farmers will profit from the price floor if the government is ready to buy the surplus supply, but taxpayers and food consumers will be responsible for the costs.
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time tickets are used in job order costing to:
Time tickets are used in task order costing to keep track of the time and costs associated with both direct and indirect labor in the production department.
What are time tickets?Each student is given a set time window during which to register.
A "time ticket" is the term used to describe this time period.
Students can access the Web Student Access System to view their assigned time tickets.
They keep track of a vendor's or an employee's activity.
Weekly or daily entries for time tickets are the two options.
Page 258 displays This Time Ticket.
Costs associated with customers are tracked via expenditure tickets, which also help with cost recovery.
In order to track the time and expense of both direct and indirect labor in the production department, time tickets are employed in task order costing.
Therefore, time tickets are used in task order costing to keep track of the time and costs associated with both direct and indirect labor in the production department.
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a property owner residing in state a owned a beach house in state b. the property owner ran an ad in state b and state c seeking to hire a caretaker for the property. a state c resident responded to the ad. the property owner interviewed and hired the state c resident at the house in state b and then returned to state a. the property owner returned to the house a few months later and fired the state c resident. the state c resident plans to file an action against the property owner pursuant to federal employment discrimination statutes, claiming that the property owner fired him on the basis of race and age. in which federal district court(s) is venue proper?
However, in most cases, the judicial district where the contract that is the subject of the lawsuit was signed or where it was to be performed is where the proper venue can be identified.
What is the venue?
The location of a trial is referred to in law as the venue, which is typically the closest courthouse to the scene of the crime or the starting point of a civil lawsuit. The opposing party may protest and ask for a change of venue if a lawsuit is filed in a place that is not the right venue. The ability of the court to hear a certain kind of matter is referred to as jurisdiction, which is distinct from the venue.
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What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be?
The Future value of an annuity due of $300 per year at 7% for 5 years is $1845.99(Approx).
1.Future value of annuity=Annuity[(1+rate)^time period-1]/rate
=$300[(1.07)^5-1]/0.07
=$300*5.75073901
which is equal to
=$1725.22(Approx)
2.Future value of annuity due=Future value of annuity*(1+interest rate)
=$1725.22*(1.07)
which is equal to
=$1845.99(Approx).
The future worth of an annuity is the worth of a gathering of repeating installments at a specific date from now on, expecting a specific pace of return, or markdown rate. The higher the markdown rate, the more critical the annuity's future worth.
An annuity's worth is the amount of cash you'll have to put resources into the present to turn out revenue installments not too far off.
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What kind of law is it when as the prices go up quantity supplied go up and vice versa?
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services, and vice versa.
Major points for quantity supplied:According to the law of supply, a higher price causes a higher supply while a lower price causes a lower supply. Tools used to summarize the link between supply and price include supply curves and supply schedules.
The quantity of a good supplied, or the amount owners or producers offer for sale, is said to increase as the market price increases and decrease as the price decreases according to the law of supply. In contrast, according to the law of demand (see demand).
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Which of the following is a positive statement?A. Higher prices for cigarettes discourage people from buying cigarettes.B. If the price of eggs decreased, people would probably buy more eggs.C. A higher interest rate encourages people to save more.D. Lower interest rates encourage people to borrow.E. All of the above are positive.
Option A is a positive statement because Higher prices for cigarettes discourage people from buying cigarettes
Option A will be a positive statement in light of the fact that greater costs for cigarettes deter individuals from purchasing and the buying power diminishes.
Then again, Options B, C, and D are standardizing explanations as these are ideal proclamations in view of their own judgment and insight.
Positive economics is goal and reality based where the assertions are exact, spellbinding, and obviously quantifiable. These assertions can be estimated against substantial proof or verifiable cases. There are no occasions of endorsement dissatisfaction in sure financial aspects.
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which of the following statements about early jamestown is most correct? group of answer choices it was saved by the discovery of silver. it saw the majority of its colonists die. its success or failure was unclear. it was a great success. it was a profitable venture for the london company
Option B) The accurate description of early Jamestown is that the bulk of it's own colonists perished. Tobacco was Jamestown's main export.
How did the colony of Jamestown begin?On the banks of the James River, the Virginia Company, a commercial venture with about 100 respondents, established the first permanent settlement of North America on May 14, 1607. Amsterdam was on the verge of collapse during its first two years due to disease and battles with neighbouring Native American groups.
How did Jamestown fare?Jamestown's principal statehouse was burned to the ground in 1698, and Middle Plantation, which is now Williamsburg, took its place as the colony's seat of government the following year. Although there remained a few residents and farmers there, Savannah was all but uninhabited.
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the rate of interest for the home loan you are looking at was 4.7% last month. based on what you know about supply and demand in financial markets, what would you predict about the level of interest rates for home loans in the future? will it stay the same, increase, or decrease?
Given that it depends on a number of macroeconomic and financial market variables, including inflation, monetary policy, economic development, and geopolitical events, it is challenging to anticipate with any degree of accuracy the level of interest rates for house loans in the future.
What is the predicted level of interest rates for the home loans?
If the economy as a whole is doing well with low unemployment, rising inflation, and tighter monetary policy, it may signal upward pressure on interest rates. On the other side, if the economy is weak and there is a lax monetary policy, it can cause interest rates to decline. In conclusion, there is uncertainty around the level of interest rates for house loans in the future. These rates might rise, fall, or remain unchanged. A house loan is a form of loan that is used to fund the acquisition of real estate. In most cases, it entails taking out a sizable loan from a lender, like a bank or mortgage company, to cover the majority of the cost of a home, and paying it back over an agreed-upon period of time, typically several decades, with interest. The monthly payment and total cost of the loan will be impacted by the interest rate, which can be either fixed or adjustable for a home loan. People who are unable to pay the full cost of a home upfront and prefer to spread the cost over a longer period of time frequently use home loans.
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the rate of interest for the home loan you are looking at was 4.7% last month. based on what you know about supply and demand in financial markets, what would you predict about the level of interest rates for home loans in the future? will it stay the same, increase, or decrease?
What are the primary and secondary functions of central bank?
The central bank's primary function is to manage the money supply, control interest rates, and provide emergency liquidity to the banking system. Central banks also have the responsibility of maintaining price stability, which is achieved by setting and controlling the money supply.
Secondary functions of the central bank include providing banking services to the government and the public, managing foreign exchange reserves, issuing debt instruments and acting as a lender of last resort. Central banks are also responsible for regulating the banking system to ensure its safety and soundness. In addition, central banks can act as advisers to the government on financial and economic matters.
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what term describes the increase in worth of a product or service to a consumer as a result of advertising efforts?
Advertising Elasticity of Demand (AED) is the increase in the worth of a product or service to a consumer as a result of advertising efforts. Based on the question above the correct answer is Advertising Elasticity of Demand (AED).
Advertising is a paid, mediated form of communication from an identifiable source, designed to persuade the consumer, receiver, or people who see the advertisement to take some action, now or in the future.
Advertising Elasticity of Demand (AED) is a measure of advertising expenditure's impact on new sales for a company.
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Assume that colleges move to an admissions system that benefits the greatest number of applicants, although some students are still disenfranchised. what type of ethical approach does this portray?
This type of admissions system that benefits the greatest number of applicants portrays an ethical approach of fairness and equality.
Everyone has an equal chance to be accepted, regardless of their background or financial situation. Although this system may not be perfect and some students may still be disenfranchised, the system is striving to create a level playing field.
Everyone has the same chance to succeed, which is a major step in the right direction. This system helps to create a more equitable world, where everyone has the same chance to succeed and reach their goals. It also gives a voice to those who have been traditionally marginalized and overlooked.
Ultimately, this admissions system is an ethical approach towards helping to create a more just and equitable society.
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______ looks at the behavior of individual people and organizations in specific markets. A. Microeconomics B. Macroeconomics C. Nanoeconomics
In order to comprehend why people and businesses behave in the ways that they do on a daily basis and how these behaviors impact the overall economy, microeconomics investigates the behavior of specific individuals and enterprises.
What area of economics research examines how individuals and businesses behave in specific markets? In order to comprehend why people and businesses behave in the ways that they do on a daily basis and how these behaviors impact the overall economy, microeconomics investigates the behavior of specific individuals and enterprises.Microeconomics is the area of economics that focuses on how individuals and businesses behave in particular markets.Microeconomics is a subfield of economics that examines how businesses and consumers interact on a personal level.The conditions and presumptions that each economy is based on are particular to that economy.Traditional economies, command economies, mixed economies, and market economies are the four primary categories under which economic systems can be divided.The area of economics known as macroeconomics focuses on the study of the entire economy.Inflation, unemployment, and national output are the three main topics of macroeconomics.To learn more about microeconomics refer
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who were the entrepreneurs who pioneered the growth of big business? what were their goals, and what strategies did they use to dominate their respective industries?
Some of the most notable entrepreneurs who paved the way for the growth of big business include Andrew Carnegie, John D. Rockefeller, J.P. Morgan, and Cornelius Vanderbilt.
These men were driven by a common goal - to build successful businesses that would provide them with financial stability and influence.
Andrew Carnegie was a Scottish-American industrialist who made a fortune in the steel industry. He built a vertical integration strategy, owning everything from the raw materials to the finished products, and became one of the wealthiest men in America.
Cornelius Vanderbilt was a transportation magnate who built a monopoly in the railroad industry by acquiring smaller railroads and establishing strategic partnerships.
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Policymakers pursue all of the following goals to stabilize the economy EXCEPT
Policymakers pursue all of the following goals to stabilize the economy except stable productivity. Thus, option (b) can be the correct choice of answer.
Give a brief account on economy.An economy can be regarded as a network of interconnected production, consumption, and trade activities that ultimately controls how resources are allocated among all of the participants. Commodities and services are created, consumed, and distributed to satisfy the needs of people living in and participating in the economy. An economy can represent an entire nation, a certain area, a certain sector, or even an entire family. An economy is defined as all activities involved in the production, consumption, and exchange of goods and services, regardless of the size of the entity in question. Every economy is different from one another. Each is distinct due to its resources, culture, laws, history, and geographic location. The actions and decisions of the individuals have an impact on each.
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The complete question is mentioned below :
Policymakers pursue all of the following goals to stabilize the economy EXCEPT :
high unemployment.
stable productivity.
stable prices
steady growth
All of the following are types of decisions that can be made at the margin EXCEPT
With the exception of choosing between two products that are more or less expensive, all of the decisions listed below can be made at the margin. Here option D is the correct answer.
Making decisions at the margin refers to the process of weighing the additional benefits and costs of taking an action, such as increasing or decreasing production, consumption, or investment.
Choosing between a more or less expensive product is not a decision that can be made at the margin because it is not an incremental decision, but rather a decision between two distinct alternatives.
Making decisions at the margin is a key concept in microeconomics, and it refers to the process of considering the additional benefits and costs of taking a specific action, such as increasing or decreasing production, consumption, or investment.
Complete question:
All of the following are types of decisions that can be made at the margin EXCEPT:
A) Choosing between a smaller or larger quantity of a good or service
B) Deciding whether or not to start or continue producing a good or service
C) Deciding whether or not to purchase or consume a good or service
D) Choosing between a more or less expensive product
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even if a firm is losing money it may be better to stay in business in the short run T/F
If revenue exceeds total variable expenses but not total costs, a company can lose money and still be better off keeping open for business in the near term.TRUE
Doing business is defined as generating income or raising capital through the production, acquisition, and sale of goods (such as goods and services). Also covered is "any activity or enterprise undertaken for profit." The owner of the business is responsible and liable for any promises made by the business since the business entity cannot be legally distinguished from the owner by the use of a business name. In the event that a company accrues debt, creditors may seize the owner's personal property. Corporate tax rates are not allowed in a business setup. All business income is subject to personal taxation by the proprietor. The phrase is frequently used in casual conversation to describe a company or cooperative.
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On which input screen will the Tax Professional fill out information to calculate the taxable pension using the Simplified Method?
a. Form 1099-R.
b. Form 8606.
c. Form 1099-G.
d. Form SSA-1099.
If you choose to enter your 1099-R information using the Simplified Method, you can do so in your account by selecting the link next to box 2. If you'd rather complete it by hand.
The Form 1040/1040-SR Instructions contain the Simplified Method Worksheet. The sum is determined by dividing the projected number of pension information by the quantity of your already taxed contributions, which may be seen on your IMRF Certificate of Benefits. Depending on which is more favourable, the pension is equal to 50% of the emoluments or the average account emoluments. The current monthly minimum pension is Rs. 9000. 50% of the highest income in the Indian government constitutes the maximum pension.
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FILL IN THE BLANK. _____ _____ statements represent a company's primary means of communicating information to external users. (enter one word per blank.)
Financial statements represent a company's primary means of communicating information to external users.
What are financial statements ?
The balance sheet and the cash flow statement are the primary forms of financial statements. Together, these three statements display a company's assets, liabilities, revenues, expenses, and cash flows from financing, investing, and operating operations.
A company's financial health may be seen at a single glance thanks to the financial statements that reveal information about its operations, performance, and cash flow. Since they reveal details about a company's earnings, costs, profitability, and debt, financial statements are crucial.
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Which output from Sprint Planning provides the Scrum Team with a target and overarching direction for the Sprint?A)The release planB)Sprint Review minutesC)The Sprint GoalD)The Sprint Backlog
Option C. The correct output from Sprint Planning that provides the Scrum Team with a target and overarching direction for the Sprint is the Sprint Goal.
The Sprint Goal provides a clear and concise statement that defines the purpose and direction of the Sprint. It helps the Scrum Team understand what they are working towards and ensures that they are aligned with the objectives of the project. The Sprint Goal is a flexible and dynamic target that can be adjusted throughout the Sprint based on new information and changing conditions. The Sprint Goal is an important part of the Scrum framework and helps guide the work of the Scrum Team during a Sprint. It provides focus and direction for the team and ensures that everyone is working towards a common objective. The Sprint Goal should be specific, measurable, attainable, relevant, and time-bound (SMART), and should be agreed upon by the entire Scrum Team. The Sprint Goal is not a detailed list of tasks, but rather a high-level statement that provides context for the work being done during the Sprint.
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Which output from Sprint Planning provides the Scrum Team with a target and overarching direction for the Sprint?
A) The release plans.
B) Sprint Review minutes.
C)The Sprint Goal.
D)The Sprint Backlog.
One week, christopher earned $404. 80 at his job when he worked for 22 hours. If he is paid the same hourly wage, how many hours would he have to work the next week to earn $368. 00?.
Christopher worked 22 hours one week and earned $404.80. In order to earn $368.00 the next week, he would need to work 19.2 hours.
This can be calculated by dividing the desired earnings ($368.00) by the hourly wage ($404.80/22 hours = $18.35/hour). 1
9.2 hours is the amount of time Christopher would need to work in order to earn $368.00, since $18.35/hour x 19.2 hours = $368.00.
It is important to consider the hourly wage when calculating how many hours Christopher would need to work in order to earn a certain amount of money. This is because the hourly wage affects the amount of money he will make in the given amount of time.
If Christopher was paid a higher hourly wage, then he would need to work fewer hours to make the same amount of money.
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which of the following are reasons to learn about marketing? To become a better consumer.
To become a better informed citizen.
To help in your career planning.
Understanding the core functions of advertising and marketing can help you better focal point your efforts and techniques to guide your business.
The 7 features of advertising and marketing are promotion, selling, product/service management, advertising information management, pricing, financing and distribution.
Why is advertising and marketing so important?Every agency desires to follow marketing strategies to: amplify sales, define merchandise or services, create connections with new collaborators or partners, get new customers, build customer loyalty, create a brand, internationalize the organisation thru the media
Marketing administration is founded on creating, planning, and imposing techniques that will assist reap wider business objectives.
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https://brainly.com/question/14625427#SPJ4Opportunity costs are a large factor in individual decision-making. Please sort the statements according to whether or not they have an opportunity cost.Has an opportunity cos Dose not have an opportunity cost
Has a cost of opportunity, an "afternoon of laziness", working a shift of 8 hours, Dinner preparation Eating out, reading a book you enjoy, meeting up with an old acquaintance, possesses no opportunity cost, Nothing
The worth of what you forgo while deciding between two or more possibilities is known as opportunity cost. Every decision involves trade-offs, and opportunity refers to the gains you could have gained by going in one route rather than the other.
The option cost is the amount of schoolwork and the money that could be used elsewhere. When a farmer decides to plant wheat, there is an opportunity cost associated with not doing so or using the resources in another way.
In economics, the term "opportunity cost" refers to the benefits that are forgone when selecting one course of action over another. It is, in essence, the worth of the path not traveled. Opportunity costs are simple to ignore, but comprehending missed opportunities is essential to making better business decisions.
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Complete question:
Opportunity costs are a large factor in individual decision-making. Please sort the statements according to whether or not they have an opportunity cost.
Reading your favorite book
Eating out
Has an opportunity cost
Having a "lazy afternoon"
Catching up with an old friend
Working an 8-hour shift
Cooking dinner
which of the following is a positive economic statement? A) Government programs to help the poor are just making problems worse.
B) One in every five children in the United States is living in poverty.
C) Increases in poverty rates signify a deterioration of the U.S. economy.
D) The number of families living in poverty in the United States is high.
One out of every five kids in the United States lives in poverty, which is a positive economic statistic. (Choice b)
A positive economic statement is what?Positive economics is fact-based, objective, and based on statements that are specific, illustrative, and easily quantifiable. These claims can be evaluated in light of empirical data or precedents from the past. A statement that can be checked and confirmed and is not predicated on a value judgement is considered to be positive. For instance, claiming that the unemployment rate is 4.1% at the moment is accurate since it can be verified and then either confirmed or disproven. Even if they might not always be accurate, positive assertions can nonetheless be put to the test.
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How does collaboration demonstrate professionalism
Answer: Collaboration allows people with different backgrounds to bring their expertise to the workplace, creating a larger talent pool and increasing the possibility that problems will be solved by drawing from these diverse backgrounds.
how much of an impediment does the marketing environment pose to homeplus and tesco more generally?
The marketing environment can pose a significant impediment to companies such as Homeplus and Tesco, as it can impact their ability to reach and connect with customers. Understanding and navigating the marketing environment is crucial for companies looking to succeed in their respective markets.
The marketing environment includes several factors such as competition, customer preferences, economic conditions, and technology, among others. These factors can affect the success of a company's marketing efforts and impact their bottom line.
For instance, intense competition in the market can make it challenging for companies such as Homeplus and Tesco to differentiate themselves from their competitors and stand out to potential customers. In addition, changing customer preferences and trends can also pose a challenge for companies, as they may need to constantly adapt their marketing strategies to keep up with the evolving market.
Moreover, economic conditions can also impact the marketing environment and the success of companies' marketing efforts. During economic downturns, for example, consumers may have less disposable income and be more cautious about spending, making it harder for companies to sell their products or services.
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Describe the three phases of the marketing plan, and the steps involved in each stage?
A marketing plan is broken down into three phases: research, strategy and implementation, and monitoring and assessment.
What are the steps involved in each stage?Research: This stage entails compiling data about the industry, the competition, and the target market. The company's strengths and weaknesses as well as potential threats and opportunities are all identified using this data. This information is often gathered using approaches from market research, including surveys, focus groups, and market analysis.
The information obtained during the research phase is used to build the marketing objectives and strategies throughout the strategy and implementation phase. A budget is decided upon and the marketing mix, which entails product, price, promotion, and place, is established.
Monitoring and Evaluation: This phase entails keeping track of the marketing strategy's development and assessing its efficacy. The effectiveness of the marketing plan is evaluated using metrics including sales, market share, and customer happiness.
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what are two main reasons why the program predictability measure is important
Communicates and highlight each team's contribution to business value. Facilitates a common language between business and technology stakeholders. Creates the near-term vision, which teams should follow up to succeed.
The ideas that direct your firm are known as business values. Making decisions, fostering a culture of teamwork and collaboration, and creating a good workplace are all made possible by business values.
Business value is a colloquial term used in management that refers to all types of value that affect the long-term health and prosperity of the company.
"Customer Satisfaction" is an illustration of a business value. One further illustration of a value is "Being Ethical and Truthful." Whether they are consciously aware of them or not, every firm has one or more core beliefs.
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think about the unique skills or talents you use to deliver for customers.
The unique skills that should be used to deliver for a customer are Empathy, good communication, and also problem-solving. It should be done to attract the customer and give a better service.
In economic and business, Customer service generally can be defined as the assistance and advice provided by a company to those people who buy or use its products or services in that business. Most all of the business company have their customer service to give a best service through their customer. Each of customer services have to had a good characteristics, such as professionalism, patience, and also a “people-first” attitude.
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When recommending specific policies to undertake, economists make Group of answer choices
A. positive statements B. claims about how the world is C. normative statements. D. descriptive statements.
When recommending specific policies to undertake, economists make normative statements. Normative claims are predicated on beliefs or ethics—what someone thinks ought to be.
Contrarily, affirmative claims can be put to the test, even if they aren't always true. An illustration of a normative argument would be one that supports a higher minimum wage for workers since it is based on personal values. A claim that raising minimum wages will increase GDP, however, would be regarded as sound economic theory. A descriptor describes the state of the world without expressing whether that situation is good or harmful. In comparison to some standard or alternative, a normative statement communicates an evaluation by stating whether something is excellent, terrible, or superior.
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