When all journal entries are made to the ledger at the end of the month, we have an accounts receivable balance of $7,000 after recording a debit of 11,000 and a credit of 4,000.
When a business sells something, the buyer typically has two payment options: they can pay now, which would be considered a cash transaction or they can pay later, which is actually a credit sale. At the time of sale, accounts receivable are debited in this way.
A journal entry is used to record a business transaction in the company's accounting records. Journal entries are often made in the central ledger, but they may also be produced in a subsidiary ledger and subsequently rolled forward into the general log after being summarised.
Let's list the occasions that affect receivables:
1. The company provides services to numerous clients for a total of $11,000 on account debit, which results in $11,000 in receivables since we are due money.
2. The company receives $4,000 from a client for services done earlier in the month and credits $4,000 in receivables because we now owe less money to our clients.
As a result, there is an 11,000 debit, a 4,000 credit, and a $7,000 balance.
A business engages in subsequent transactions. The company gets $22,000 in cash and distributes ordinary shares to investors. buys office supplies for $800 using a business credit card. On credit, the company spends $3,000 on furniture. This company provides services for numerous clients on accounts of $11,000. The company spends $3,000 on payroll costs and $3,500 on rent costs. A company pays an outside vendor $800 for previously bought office supplies. A company receives $4,000 from its clients at the beginning of the month in payment for services provided.
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A project manager has discovered a team member has gold plated the work done in an activity. in order to discover this, the project manager must have been performing:_________
A project manager has discovered a team member has gold plated the work done in an activity. in order to discover this, the project manager must have been performing KEY DELIVERABLES.
A critical deliverable is what?
Something created as a result of a certain procedure is a significant deliverable. These deliverables may be the finished goods or final products of a project, or you may complete them in smaller, more frequent deliverables during the course of the project. The stakeholder or client is typically given a deadline for receiving key deliverables, and the project is not considered finished until the stakeholder has viewed and approved the final deliverable.
Depending on the project type, key deliverables could be both tangible and immaterial. A project team might develop a factory as an example of a tangible deliverable, but an intangible output would be the training needed for new industrial employees.
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What arguments would support unitech's focus on technical skills among first-line supervisors? what arguments could be made against that focus? what are the pros and cons of periodically sending top managernent out to work alongside non-management employees?
Technical skills can be inferred as specialized knowledge or expertise needed to accomplish a task or it can also be said as an individual's knowledge, expertise, and ability in any process, method or technique.
what are the pros and cons of periodically sending top managernent out to work alongside non-management employees?What are the benefits and drawbacks of occasionally assigning top managers to work with non-management staff if you have recently completed your degree program and have been chosen by a corporation to lead a department? need a variety of talents. You lack expertise in each of those areas. Imagine that there were individuals in that department who were well-respected by their coworkers and who had applied for the same management post but lost out to you. You would be aware that the individuals in the department believe that this was unjust.To learn more about non-management employees refer"
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Technical skills may be interpreted as the particular knowledge or competence required to complete a work, or they may refer to a person's knowledge, expertise, and ability in any procedure, method, or technique.
What benefits and drawbacks might there be if top managers occasionally worked with non-management staff?If you have just finished your degree program and have been selected by a company to run a department, what are the advantages and disadvantages of occasionally putting top managers in charge of working with non-management staff?Require a variety of skills. You're not an expert in any of those fields. Imagine that there were people in that department who were well-liked by their co-workers and who applied for the same management position but were unsuccessful because you were the best candidate.You would be aware that the department's members think this was unfair.To know more about non-management employees visit:
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Switzerland is much smaller than the united states but its population density is much greater. Although switzerland’s gdp is much smaller than the united states’ gdp, its _______ is slightly higher.
Although Switzerland's gdp is significantly lower than that of the United States, its GDP per capita is slightly higher.
GDP
GDP, or gross domestic product, is a wide monetary measure of a country's overall economic activity. It is a measure of the total worth of all final goods and services produced over a given time period. GDP is often used to assess a country's standard of living. It is the sum of all consumption, consumer spending, government spending, national investment, business capital expenditures, and total net exports, which is the difference between total exports and total imports.
Switzerland is substantially smaller than the United States, but it has a much higher population density. Although Switzerland's GDP is significantly lower than that of the United States, its GDP per capita is marginally greater.
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a marketing department that promises delivery faster than the ability of the production department to produce is an example of a lack of understanding of the group of answer choices interrelationships among value-creating activities within a firm. synergy of the business units. need to maintain the reputation of the company. organizational culture and leadership.
A lack of awareness of the interactions between functional areas and company strategies is demonstrated by a marketing department that promises delivery sooner than the production department is capable of producing. For effective marketing and sales, the marketing department is essential.
What is marketing department?The Marketing Department plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing Department's job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
developing a brand definition and management.managing marketing campaign initiatives.creating advertising and marketing materials.creating content for your website that is search engine optimized. social media management and observation.creating communications within.being a liaison with the media.carrying out market and consumer research.managing external contractors and organizations.To learn more about marketing department visit:
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QUESTION 2 2.1 Today marketing management must pay special attention to packaging so that products are (10) displayed in the best possible way." Explain any FIVE requirements of good packaging
Marketing management today must pay special attention to packaging to ensure that the product (10) is presented in the best possible way. Packaging serves a variety of roles. This includes providing protection, security, improved usability, attractive appearance, and optimal design.
Marketing management is an organizational discipline that focuses on the practical application of marketing directions, methods, and techniques within enterprises and organizations, and on the management of the marketing resources and activities of an enterprise. In a nutshell, marketing management is the process of planning, implementing, and tracking an organization's marketing strategy.
This includes marketing plans, campaigns, and tactics used to create and meet the needs of your target audience to increase profitability. The four types of marketing management typically represent the four components of the marketing mix: product, price, promotion, and location. But the marketing mix is not marketing management. Some types of advanced marketing management include managing resources, tasks, projects, and operations.
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The cost of jobs still unfinished at the end of a period are included in ______.
The cost of jobs which are still unfinished at the end of a period are included in ending work in process inventory.
Ending inventory or closing inventory, is referred to the value of inventory at the end of an accounting period. So here the cost of jobs which are still unfinished at the end of a period must be included in the inventory's ending work.
As a part of the period-end closing process, the amount of ending work in process must be derived, which is also useful for tracking the volume of production activity.
Hence, the ending inventory balance must appear on the balance sheet.
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Ji-eun loves her car. Recently, she noticed her tires were getting worn. She took it into the dealership, where she was told that all her tires were worn and should be replaced. Ji-eun knows this will be a significant investment. She decided on getting the most expensive tires because they are high quality and she wants the best. She hopes she is making the right decision. At least she will not have to purchase tires for several more years, unless she gets a flat. Ji-eun’s involvement with her tire purchase is an example of ______.
Ji-eun’s involvement with her tire purchase is an example of high involvement.
What is high involvement in the purchase process?It corresponds to making a decision about a purchase that involves a series of important deliberations about the characteristics and long-term consequences.
Therefore, high involvement in the purchase process usually occurs with consumer durables, where consumers look for the best options that will satisfy their long-term needs.
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In the market for natural gas, what will likely happen to current natural gas prices and output if the producers expect future prices to decrease? current supply will _________, and, as a result, current prices will _________.
If producers expect prices to decline in the future, what will happen to natural gas prices today and what is the output of the natural gas market? Current offers increase. As a result, the current price decreases.
A manufacturer is a person who makes and provides goods or services. Producers combine labor and capital (called factor costs) to create something else. A business company is a prime example of a producer, and when we refer to a producer we usually refer to an economist. Those who sell and buy are producers and consumers. Producers make or produce goods and services, and consumers receive money to purchase these goods and services. Most people are producers and consumers.
Producers are all types of green plants. Green plants get their food by receiving sunlight and using energy to produce sugar. Plants use this sugar, also called glucose, to make many things, such as trees, leaves, roots, and bark. Trees such as giant oak and American beech are examples of producers.
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A manufacturer of frozen pizzas found that total revenue decreased when price was lowered from $5 to $4. It was also found that total revenue decreased when price was raised from $5 to $6. Thus,.
Bank feeds will make suggestions based on transactions that you have previously __________ and __________.
Answer:
purchased and searched
In a purely customer focused environment service measurement is typically in terms of?
In a purely customer focused environment, service measurement is typically in terms of number of customer complaints. Hence, Option D is correct.
What is service measurement?Whenever anything that is being measured is measured, this measurement is done so that one can evaluate what the rectifications that are required and what kind of error removal can be done in any of the segments.
It is about service measurement. This kind of measurement is done so that one can identify what kind of fault is present in the service that is being provided by any firm to any of the customers.
There is a customer focus environment which is purely focused on customer comfort. Service measurement is done on the basis of the number of customer complaints that one receives and days of any of the employees' performance.
Therefore, Option D is correct.
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The complete question has been attached in text form:
In a purely customer-focused environment, service measurement is typically in terms of the:
answer choices
employee turnover
number of products manufactured
potential sales
number of customer complaints
the economic environment consists of economic factors that affect . the economic environment consists of economic factors that affect . the natural environment entrepreneurial orientation of a population the quality of technological innovation consumer purchasing power cultural patterns of communities
The economic environment consists of economic factors consumer purchasing power and spending patterns.
What's consumer?A consumer is a person or a group who intends to order, orders, or uses bought goods, products, or services primarily for particular, social, family, menage and analogous requirements, not directly related to entrepreneurial or business conditioning. In an frugality, a consumer buys goods or services primarily for consumption and not for resale or for marketable purposes.Consumers pay some quantum of plutocrat( or original) for goods or services.What are consumer duties?Consumers must make sure that the product they're copping is of good quality, and have been quality pronounced similar as Ag mark, ISI, Hallmark, etc. Consumers should always make sure that they've seen and understood all the information available about a product and make an informed choice.Learn more about consumer here:
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What is the latest stage during which a buyer can terminate the buying decision process?.
The latest stage during which a buyer can terminate the buying decision process is purchase.
What is purchase?Purchase is to buy, obtain by payment of a price in money or its equivalent.
What is purchase decision?Purchase decision is the thought process that leads a consumer from identifying a need, generating options, and choosing a specific product and brand. The level of dominance of each process at a particular time is the key determinant of purchasing decisions. Visitors are more likely to add a product to their cart when the emotional process takes control, as they are directed by “how it feels” and not “is it worth it.To learn more about purchase decision, refer: https://brainly.com/question/15071491?referrer=searchResults
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In college, does it cost more to do a major and a minor than to just do a major? Does it take more time? Can you do your major and minor combined and still finish in 4 years?
PLEASE PROVIDE DETAILED ANWSER-THANKS BRO
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The subject on which your degree is primarily focused is called a major. You will finish with a degree in your major, and the majority of your courses will be in that major.
You have the abilities you need to launch your career thanks to your major. A minor allows you the opportunity to pick up new talents unrelated to your major. You might decide to declare a minor based on your personal interests in a particular area of study or pick one that somehow compliments your major.
Almost typically, a double major entails taking more classes, which results in higher tuition costs. Your course load will be heavily influenced by the particular programmes you choose.
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Daoud is in the market for a new laptop and is spending a considerable amount of time researching the various brands and models available. In contrast, he does not spend much time researching the purchase of an inexpensive kitchen appliance, like a toaster. This can best be explained by which concept?.
Based on the information provided about Daoud, this can best be explained by which concept by: perceived benefits versus perceived costs of search.
The factors affecting a consumer search process.In Economics, there are five (5) main factors that affect a consumer search process and these include the following:
Perceived benefits versus perceived costs of search.Actual or perceived riskLocus of controlSocial riskEconomic risk.Generally speaking, Perceived benefits versus perceived costs of search is typically focused on examining whether or not a search process is worth the time and effort to search for the necessary information. For example, a consumer examining housing market versus dollhouse.
In this context, we can reasonably infer and logically deduce that Daoud's situation and predicament can best be explained by which concept by: perceived benefits versus perceived costs of search.
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Alex and bailey run a dog wash and spa service. they have to purchase basic, low-cost work supplies on a regular basis. they budget a specific amount of money to buy these goods each month. which type of credit would be most helpful and least risky for them? installment credit secured credit card service credit bank loan
Alex and bailey run a dog wash and spa service. They have to purchase basic, low-cost work supplies on a regular basis. They budget a specific amount of money to buy these goods each month. Secured credit card service would be most helpful and least risky for them.
What do you mean by Secured credit card service?
A secured credit card is a type of credit card that is backed by a cash deposit from the cardholder. This deposit acts as security for the account and provides security to the card issuer in case the cardholder is unable to make payments. With a secured credit card, the amount you put down becomes your credit limit for your credit card.Secured credit cards are often issued to subprime borrowers or those with poor or limited credit history (so-called thin file borrowers). Since the card issuer will report secured credit cards to the credit reporting agencies, these cards can help borrowers improve their credit scores.To learn more about Secured credit card service, refer to:
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a life agent who offers for sale, or sells any financial product based on its treatment under the medi-cal program must provide, in writing, a disclosure entitled:
A notice titled "Notice Regarding Standards for Medi-Cal Eligibility" must be provided in writing by any life agent who offers for sale or sells any financial product depending on how it will be handled under the Medi-Cal program.
What is medi-cal program?
Most medically required care is covered by Medi-Cal. This covers visits to the dentist and doctor, prescription medications, eye care, family planning, mental health treatment, and drug or alcohol rehab. Transportation to these services is also covered by Medi-Cal.Many persons who are 65 years of age or older, as well as those with impairments, are eligible for both Medi-Cal and Medicare. You will receive the majority of your medical services and prescription medications through Medicare if you are eligible for both programs. Long-term services and supports are offered through Medi-Cal, including home and community-based services, nursing facility care, and other assistance.A program called Medi-Cal helps low-income individuals with their medical costs. People who are elderly, disabled, or have expensive medical needs are included in this. Medi-Cal will assist in covering the cost of doctor visits, hospital stays, prescription medications, rehabilitation, and other medical services if you fulfill the program's eligibility standards.To learn more about medi-cal program visit:https://brainly.com/question/14329212
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Experts working in the area of _____ work to make sure systems are easy to use, while people working in the area of _____ work to leverage technology to make firms more efficient.
Experts working in the area of process design work to make sure systems are easy to use, while people working in the area of automation work to leverage technology to make firms more efficient.
What is technology?Technology can be described as the process of application of science and technology.
It should be noted that technology help to bring about different innovation in the todays world, hence Experts working in the area of process design work to make sure systems are easy to use, while people working in the area of automation work to leverage technology to make firms more efficient.
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A devoted sales agent is required to review the entire summary of benefits during a compliant sales presentation to a prospect
The statement that a devoted sales agent is required to review the entire summary of benefits during a compliant sales presentation to a prospect is TRUE.
What should a sales agent do?When trying to convince a prospect to purchase a good or service, it is important that the sales agent go above and beyond to make the sale. This shows the difference between a devoted sales agent, and one that handles their craft lackadaisically.
One way to show devotion from the sales agent, is to review the benefits of the service or good in its entirety. To remain time efficient, it is best that only a summary is provided of these benefits. However, there should be an effort to let the prospect know of all the benefits that the good or service affords as this would make them more likely to make a purchase.
In conclusion, it is true that a devoted sales agent should review the entire summary of benefits.
Options include:
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a broker-dealer located in state a has all of its agents registered in state a. the broker dealer has no office in neighboring state b. the broker-dealer would be required to register in state b if its clients in state b
If the broker-clients dealer's in State B were exclusively State B government officials, then State B would require that the broker-dealer register there.
Broker-dealers are exempt from registration in a State if they do not have an office there and exclusively conduct business with institutional clients there. Institutional clients include broker-dealers, financial advisors, and organizations that accept deposits, such as banks. On the other hand, because the broker-dealer is now working with "ordinary investors," the sale of securities to State B government employees would necessitate the broker-registration dealer's in the State.
Does the FINRA require broker-dealers to register?Both businesses and individuals must be registered with FINRA to transact securities and do business with the investing public in the United States. To become a FINRA-registered broker-dealer, a company must apply and complete specific membership requirements.
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5. thad morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the western hombre brand of cycle that was popular in the 1930s. the retro-look cycle would be sold for $14,000 and at that price, thad estimates 300 units would be sold each year. the variable cost to produce and sell the cycles would be $10,500 per unit. the annual fixed cost would be $997,500.
The break-even in unit sales is 450 units and the margin of safety in dollars is $2,100,000 and the degree of operating leverage is 4 and the net operating income be in this situation is $736,000.
Here is the Full question
a. Break even in unit sales = (Fixed expenses) + (Contribution margin per unit)
= $1,890,000+ ($14,000 - $9,800)
= 450 units
b. Margin of safety = Expected sales - break even sales
= ($14,000 x 600) - ($14,000 × 450)
= $2,100,000
Contribution margin = Sales - Variable cost
= ($14,000 x 600) - ($9,800 x 600)
= $2,520,000
Profit before earning and tax = Contribution margin - Annual fixed cost
= $2,520,000 - $1,890,000
= $630,000
c. Degree of operating leverage
Contribution + Profit before earning and tax
= $2,520,000 - $630,000
= 4
d. Loss on Net operating income = (Sales) - (Variable cost) - Fixed expenses
=($11,000 x 600) - ($9,800 x 600) - $1,456,000 =-$736,000
Complete question: Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that was popular in the 1930s. The retro-look cycle would be sold for $14,000 and at that price, Thad estimates 600 units would be sold each year. The variable cost to produce and sell the cycles would be $9,800 per unit. The annual fixed cost would be $1,890,000.
a. What is the break-even in unit sales?
b. What is the margin of safety in dollars
C. What is the degree of operating leverage?
Thad is worried about the selling price. Rumors are circulating that other retro brands of cycles may be revived. If so, the selling price for the Western Hombre would have to be reduced to $11,000 to compete effectively. In that event, Thad would also reduce fixed expenses to $1,456,000 by reducing advertising expenses, but he still hopes to sell 600 units per year.
What would the net operating income be in this situation?
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A market results from the interaction of a marketer’s efforts, economic conditions, and.
A market results from the interaction of a marketer's efforts, economic conditions, and the elements of culture.
What is market?The exchange of products and services may take place more easily when buyers and sellers can connect in a market.Markets can exist in the real world, like a physical store, or online, like an e-retailer.In addition, there are financial markets, auction markets, and illicit markets.As a result of supply and demand, markets decide the pricing for commodities and services.The existence of an arena, buyers, and sellers, as well as a commodity, are characteristics of a market.Any location where two or more people may come together to conduct a business transaction, even one that doesn't involve cash, is referred to as a market.To know more about market, refer to the following link:
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Your cousin is currently years old. She will be going to college in years. Your aunt and uncle would like to have in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of per year, how much money do they need to put into the account today to ensure that they will have in years?.
A savings account is a hobby-bearing deposit account held at a bank or different economic group. though this money owed typically pays a modest hobby price, their safety and reliability lead them to an awesome choice for parking coins you need available for quick-term needs.
A savings account is a basic type of financial product that permits you to deposit your money and generally earn a modest amount of interest. those debts are federally insured for as much as $250,000 in keeping with the account owner and offer a safe area to place your money at the same time as income interest.
Savings bills are truly a very low danger, as long as your financial institution is FDIC insured. The FDIC insures each depositor, which means anybody who deposits cash, for as much as $250,000, according to the insured financial institution.
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3. Using the Base Case, calculate the change in non-cash working capital in 2024E
Once you have calculated the non-cash working capital, you can analyze your results to learn more about your company. To make an informed investment, potential investors may ask for information about your company's non-cash working capital.
The base case is the model's expected case, determined by using the assumptions that the project team consider are most likely to occur. The financial results from the base case should be better than those from conservative scenarios, but worse than those from upside cases. A base case analysis usually refers to the results obtained from running an economic model with the most likely or preferred set of assumptions and input values.
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Suppose you are buying your first condo for $180,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. What will your monthly payments be?.
If we arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. The monthly payments amount be $1,042.91
Purchase Price of Condo $180,000.00
Down payment $15,000.00
Loan amount $165,000.00
Terms in years 30
Annual interest rate 6.50%
Monthly interest rate 0.5417%
No. of monthly loan payment 360
Monthly payment amount $1,042.91
The term "Monthly Payment Amount" refers to the total of the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period from and including the First Payment Date through the Maturity Date.
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If a company uses an actual cost system, inventory records can first be updated from the:____.
a. vendor invoice
b. purchase order
c. receiving report
d. purchase requisition
If a company uses an actual cost system, inventory records can first be updated from the: receiving report
Inventory records
Inventory records are databases that contain information about each item in a brand's product line, such as what's in stock at the SKU level. What has been purchased and reordered. The worth of the commodity. The location of the inventory's storage. An accurate inventory record ensures that you always have in-demand commodities on hand, so you never run out. An accurate inventory record also allows you to track sales patterns and distinguish between fast-moving and slow-moving products.
A receiving report is an internal document that records what materials and inventory the company received. The receiving report is distributed to other departments in order to inform them of the things that have been received and are ready for usage.
Therefore, the correct option is option C
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A furniture seller believes that people who have just moved are more likely to need new furniture. What targeting dimension should this furniture seller use for their ad campaign?.
Furniture campaign for new movers can be done in many ways the few are listed below. This is called marketing, the better marketing provides better sales.
What is Marketing?Marketing is the advertising of goods and or services, usually marketing department is provided with a good amount of budget which enhances the sales.
Campaigns can be presented near the estate agency so that the individuals purchasing the house can easily contact for furniture. Also the ad campaign may be embed with some new movers which will encourage the new movers to purchase new furniture from the company.
The taglines can be used as "New house new furniture". Or "No same boring furniture with the new house". "A complete unique range of furniture to turn your new home into a living heaven".
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Cisco uses the term the power of in-person to describe the ability of what technology to improve access to subject matter experts and to open doors for small business people?.
The ability of telepresence technology to increase access to subject matter experts and open doors for small company owners is referred to by Cisco as "the power of in-person."
More about telepresence technology:
The term "telepresence" refers to a group of technologies that enable a person to appear or appear to be present via telerobotics at a location other than their actual location.
Through the use of technology, telepresence enables people to connect, collaborate, and feel as though they are physically present in one place while actually being in another. With regard to ocean exploration, telepresence technology enables an almost limitless number of scientists on land to take part in at-sea ocean exploration, contributing their knowledge to missions regardless of where a ship or the scientists are located in the world.
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2. as a public health leader, what stakeholders would you involve in creating and implementing solutions to the potential effects of rationing on the poor and medically underserved under your public health jurisdiction?
Patients, the general public, communities, governments, pharmaceutical companies, educational institutions, medical specialists, governments, international organisations, and supporters of research are among the stakeholders in public health.
What are stakeholders?According to the definition of the term "stakeholder" in a 1963 internal Stanford Research Institute memo, a stakeholder in a corporation is a member of "groups without whose support the organisation would cease to exist."A party with an interest in a business and who may have an impact on or be affected by it is referred to as a stakeholder. Investors, employees, clients, and suppliers make up a typical corporation's main constituencies.By offering their expertise and perspective to a project, stakeholders primarily assist organizations in achieving their strategic goals. They could offer the tools and resources needed as well. An undertaking's success depends on their support.To learn more about stakeholders visit:
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The internal factors include strengths and weaknesses ________ the organization currently.
The internal factors include strengths and weaknesses, particularly the resources and capabilities, of the organization currently
A SWOT analysis consists in analyzing the strengths, weaknesses, opportunities, and threats, to the organization. It enables essential interventions in the areas of vulnerability, and a consolidation of the areas where the organization is performing well. External factors include the opportunities and threats to the organization.
Internal factors include the strengths and weaknesses of the organization. These consist of the resources and capabilities that the organization has, such as its financial conditions and human resources. It is in these areas that the most control can be exercised, and therefore interventions may be most effective.
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