In 1972, when the New Jersey state government allowed citizens to vote on gaming in the entire state, the bill failed for all of these reasons "except lack of money."
The other reasons why the bill failed are NIMBY, lack of organization, lack of strategic marketing, and fear of mob ties. NIMBY refers to the "Not in My Backyard" mentality, which means that people may support something in theory, but not if it is too close to their homes or neighborhoods.
The lack of organization and strategic marketing may have made it difficult to get the message out to the public and get them to support the bill. Fear of mob ties refers to concerns that organized crime may be involved in gambling and that legalizing it could lead to increased criminal activity.
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Match each law with its correct description.
Answer:
Not too sure but I think it goes 1.Fair credit billing act 2.Credit CARD act 3.Uniform commercial code 4.Truth in lending act.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.
Through the meaningful disclosure of loan conditions, which enables customers to evaluate standardized credit terms more easily and intelligently, the Truth in Lending Act (TILA) aims to safeguard consumer protection and promote competition among financial institutions.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.Fair Credit Billing Act: allows consumers to exercise their rights regarding disputes and billing errors.Uniform Commercial Code: a set of laws that govern US commercial transactions.Credit CARD Act: prohibits unfair and abusive credit practices and ensures the transparency of fees.As a result, the significance of the law terms and definition are the aforementioned.
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What role do career pathways play?
A. Career pathways lay out the academic courses, skills, and knowledge required for a position.
B. Career pathways help students determine whether a position will have information technology as a primary or secondary focus.
C. Career pathways lay out the advantages and disadvantages of potential careers.
D. Career pathways organize jobs into 16 major groups to help students plan their careers.
Answer:
I think it's A. but don't depend on me i'm probley wrong
Explanation:
What part do career paths play is The educational requirements, necessary skills, and expertise for a position are outlined in career pathways. As a result, choice (A) is right.
What is meant by Career pathways ?A career path is a list of steps you should take to advance into new or more senior responsibilities at work during your professional life. Employees are guided toward their ultimate professional ambitions as well as their long-term goals through a series of positions and experiences.
By highlighting their existing professional situation and providing advice on how to improve it, career pathing can increase their levels of engagement and job satisfaction.
An essay about your career objectives is a piece of writing in which you describe the career route you hope to take and the goals you have for yourself. You will discuss your career aims, pertinent accomplishments that help you be more successful in achieving your goals, and how your aspirations can help you advance even farther in the essay.
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Why are job referrals valuable to both job seekers and employers?
Identify an accurate statement about groups of customers with similar need sets. Multiple choice question. They always have identical demographics. They belong to a single, homogeneous demographic group. They can have sharply different demographics. They never have varied demographic features.
When there is a group of customers that have the same requirement sets so the following should be the accurate statement.
The statement "It could have clear various demographics" is correct.
The following information related to the customer is:
It is an individual or the business that buys the goods or services of the company. Without customers, the company could not survive out, neither company could able to make a profit. Now if there are various customers and all have the same kind of needs so it means that there are different demographics.Therefore all other options should not be considered.
Thus we can conclude that The statement "It could have clear various demographics" is correct.
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Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Graphic Designers? Check all that apply.
conferring with clients
creating designs, concepts, and sample layouts
scheduling projects for clients
hiring and training new team members
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:
creating designs, concepts, and sample layouts
scheduling projects for clients
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:1,2,5,6.
Explanation:
John Fleming, chief administrator for Valley View Hospital, is concerned about the costs for tests in the hospital’s lab. Charges for lab tests are consistently higher at Valley View than at other hospitals and have resulted in many complaints. Also, because of strict regulations on amounts reimbursed for lab tests, payments received from insurance companies and governmental units have not been high enough to cover lab costs. Mr. Fleming has asked you to evaluate costs in the hospital’s lab for the past month. The following information is available: Two types of tests are performed in the lab—blood tests and smears. During the past month, 850 blood tests and 3,200 smears were performed in the lab. Small glass plates are used in both types of tests. During the past month, the hospital purchased 16,000 plates at a cost of $36,480. 2,200 of these plates were unused at the end of the month; no plates were on hand at the beginning of the month. During the past month, 2,200 hours of labor time were recorded in the lab at a cost of $23,980. The lab’s variable overhead cost last month totaled $17,160. Valley View Hospital has never used standard costs. By searching industry literature, however, you have determined the following nationwide averages for hospital labs: Plates: Three plates are required per lab test. These plates cost $2.40 each and are disposed of after the test is completed. Labor: Each blood test should require 0.8 hours to complete, and each smear should require 0.40 hours to complete. The average cost of this lab time is $11.40 per hour. Overhead: Overhead cost is based on direct labor-hours. The average rate for variable overhead is $7.30 per hour.
The evaluation of costs in Valley View Hospital's lab shows that the actual costs for plates and labor are slightly lower than the industry averages. The total labor cost per hour is $10.90.
To evaluate the costs in Valley View Hospital's lab, we need to calculate the actual costs for plates, labor, and overhead and compare them to the industry averages.
1. Plates: In the past month, 16,000 plates were purchased for $36,480. However, 2,200 plates were unused, so the number of plates used is 16,000 - 2,200 = 13,800 plates. Since three plates are required per lab test, the number of lab tests conducted is 13,800 / 3 = 4,600 tests.
The cost per plate is $36,480 / 16,000 = $2.28.
2. Labor: 2,200 hours of labor time were recorded at a cost of $23,980. This includes both blood tests and smears. Since each blood test requires 0.8 hours and each smear requires 0.40 hours, we can calculate the number of blood tests and smears as follows:
- Blood tests: 0.8 hours x 850 tests = 680 hours
- Smears: 0.40 hours x 3,200 tests = 1,280 hours
The total labor cost per hour is $23,980 / 2,200 = $10.90.
3. Overhead: The variable overhead cost is based on direct labor-hours. The total direct labor-hours for blood tests and smears are 680 hours + 1,280 hours = 1,960 hours. The average rate for variable overhead is $7.30 per hour. Therefore, the total overhead cost is 1,960 hours x $7.30 = $14,308.
Comparing the actual costs to the industry averages:
- Plates: The industry average cost per plate is $2.40, while the actual cost per plate is $2.28.
- Labor: The industry average cost per hour is $11.40, while the actual cost per hour is $10.90.
- Overhead: The industry average overhead cost is not provided.
Based on this information, we can see that the actual costs for plates and labor are slightly lower than the industry averages. However, since the industry average overhead cost is not provided, we cannot make a direct comparison.
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Complete Question:
John Fleming, chief administrator for Valley View Hospital, is concerned about the costs for tests in the hospital’s lab. Charges for lab tests are consistently higher at Valley View than at other hospitals and have resulted in many complaints. Mr. Fleming has asked you to evaluate costs in the hospital’s lab for the past month. The following information is available: Two types of tests are performed in the lab—blood tests and smears. During the past month, 2,200 hours of labor time were recorded in the lab at a cost of $23,980. The lab’s variable overhead cost last month totaled $17,160. Valley View Hospital has never used standard costs. By searching industry literature, however, you have determined the following nationwide averages for hospital labs: Plates: Three plates are required per lab test. These plates cost $2.40 each and are disposed of after the test is completed. Labor: Each blood test should require 0.8 hours to complete, and each smear should require 0.40 hours to complete. The average cost of this lab time is $11.40 per hour. Overhead: Overhead cost is based on direct labor-hours. The average rate for variable overhead is $7.30 per hour. What is total labor cost?
Powers company reported net sales of 1280000, average accounts receivable, net of 70500 and income of 54425. The accounts receivable turnover ratio is:
If Powers Corporation had net sales of $1,280,000, an average receivables, net of $70,500, a net income of $54,425 the customers receivable turnover proportion account be 18.14.
$1,280,000/$70,500 = 18.14.
Accounting has three types of accounts. Accounting has his three types of accounts:
Real, personal, titular. Real money accounts are then divided into two subcategories.
Intangible physical accounts and tangible physical accounts. Natural, representative, and artificial are his three other subtypes of personal accounts.
Net credit sales are calculated by subtracting credit sales returns and value adjustments from gross sales.
We assume zero credit sales returns or value adjustments as no information has been provided on this. For this:
$1,280,000 equals net credit sales.
A typical accounts receivable calculation is:
Average demand is equal (initial demand + final demand).
Dividing the net loan turnover ratio by the average amount borrowed gives the accounts receivable turnover ratio.
Accounts receivable revenue is $1,280,000 divided by $75,000.
18.14 is the accounts receivable turnover ratio.
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Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
Please help!
The direct labor rate for each department is as follows: Prepare the direct labor cost budget for July.
To prepare the direct labor cost budget for July, you will need to calculate the total direct labor cost for each department.
The direct labor rate for each department is provided, so you can use that information to estimate the cost.
What are the steps?Here are the steps to prepare the direct labor cost budget for July:
1. Identify the direct labor rate for each department: The question states that the direct labor rate for each department is provided. Make sure you have the rates for all the departments involved.
2. Determine the number of labor hours for each department: You will need to know the number of labor hours required by each department in July. This information is crucial for calculating the direct labor cost.
3. Multiply the direct labor rate by the number of labor hours for each department: For each department, multiply the direct labor rate by the number of labor hours required in July. This will give you the direct labor cost for each department.
4. Sum up the direct labor costs for all departments: Add up the direct labor costs for each department to get the total direct labor cost for July.
To illustrate this process, let's assume there are three departments: A, B, and C. The direct labor rates for these departments are $20, $25, and $30 per hour, respectively.
The number of labor hours required by each department in July are 100, 150, and 200 hours, respectively.
Using these numbers, we can calculate the direct labor cost for each department:
- Department A: $20 (direct labor rate) x 100 (labor hours) = $2,000
- Department B: $25 (direct labor rate) x 150 (labor hours) = $3,750
- Department C: $30 (direct labor rate) x 200 (labor hours) = $6,000
Finally, summing up the direct labor costs for all departments:
$2,000 (Department A) + $3,750 (Department B) + $6,000 (Department C) = $11,750
Therefore, the direct labor cost budget for July is $11,750.
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An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.
D. The store would purchase 100 pairs per month
As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.
What is Law of supply?
Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.
What is the Formula of Law of Supply?Qs = x + yP
Where:
n Qs = the quantity supplied
n X = quantity
n P = price
n Y = variable
Hence option C is the correct answer.
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a flexible exchange rate policy select one: a. is one in which the central bank has flexibility in determining exchange rates. b. has not been used in the united states since the great depression. c. is one in which the exchange rate is determined in the foreign exchange market. d. gives the president the power to determine exchange rates when negotiating free trade agreements with other countries. e. has been adopted universally throughout the world economy.
The flexible exchange rate system is one in which the rate of exchange is determined by the market's supply and demand for money.
In an adaptable swapping scale framework, the worth of the cash is permitted to vary uninhibitedly according to the progressions in the interest and supply of the unfamiliar trade.
What advantages does a system of variable exchange rates offer?Instead of having its own monetary policy set by an anchor currency country, flexible exchange rates enable a country to pursue an independent monetary policy.
What takes place when exchange rates change?However, with adaptable exchange rates, A and B can each select their preferred monetary policy, and the exchange rate will simply adjust over time to take into account variations in inflation. If there is a global demand for money, this independence of domestic policy under flexible exchange rates may be diminished.
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which of the following infosec positions is responsible for the day-to-day operation of the infosec program? question 23 options: ciso security manager security officer security technician
The Security Manager is responsible for the day-to-day operation of the infosec program. They oversee daily security operations, implement security policies, and manage the security team .
The infosec position responsible for the day-to-day operation of the infosec program is the security officer. While the CISO and security manager are more senior positions that oversee the overall strategy and direction of the program, and the security technician focuses on implementing and maintaining specific technical security measures, the security officer is responsible for ensuring that the program is running effectively on a daily basis.
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Problem 2
Using Python3
Given a list of string (strings)
Find s short string (bigstring) that
for every s in string, s is a substring of bigstring.
Use the approximation algorithm we gave in class.
Running Time:
###############################################################
def superstring(strings):
"""
>>> superstring(["CADBC", "CDAABD", "BCDA", "DDCA", "ADBCADC"])
'BCDAABDDCADBCADC'
"""
pass
The main answer is the implementation of the superstring function in Python, which uses an approximation algorithm to find a short string that contains all the given strings as substrings.
The superstring function is implemented using an approximation algorithm. It iteratively finds the pair of strings with the maximum overlap and combines them by removing the overlapping part from the second string. This process continues until only one string remains, which is the superstring containing all the given strings as substrings. The find_overlap function calculates the length of the overlap between two strings, and the combine_strings function concatenates two strings using the specified overlap. The time complexity of the algorithm is O(n^3), where n is the number of strings in the input list.
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My subject is leadership
Degree MBA
QUESTION
What are leadership skills for effective team meeting in your
organization
Explain your answer in your point of view ( Don't copy data from
Internet please
Leadership skills for effective team meetings in my organization include effective communication, active listening, clear goal-setting, fostering collaboration, and promoting a positive and inclusive environment.
Effective communication is crucial to ensure that information is conveyed clearly and understood by all team members. This includes using concise and precise language, avoiding jargon, and encouraging open dialogue. Active listening involves giving full attention to team members, acknowledging their perspectives, and asking clarifying questions. This helps to foster trust, encourages participation, and ensures that everyone feels valued and heard. Clear goal-setting is essential to provide direction and purpose to the team. A leader should articulate specific objectives for the meeting and ensure that everyone understands their role and responsibilities. This helps to align efforts towards a common goal and promotes accountability. Fostering collaboration involves creating an environment where team members feel comfortable sharing ideas, challenging assumptions, and working together towards solutions. A leader should encourage diverse perspectives, promote brainstorming, and facilitate productive discussions. Promoting a positive and inclusive environment is crucial for team morale and productivity. A leader should create a safe space where everyone feels respected, valued, and included. This includes recognizing and appreciating individual contributions, managing conflicts constructively, and encouraging teamwork. In conclusion, effective team meeting leadership skills in my organization include effective communication, active listening, clear goal -setting, fostering collaboration, and promoting a positive and inclusive environment. These skills contribute to productive and successful team meetings, where ideas are shared, decisions are made, and progress is achieved.
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A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.
A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.
A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.
The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.
Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.
Hence, option 3 is the right choice.
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What does a single point on the supply curve represent?a. The cost of producing the given quantity of filmb. the amount of profit the producer hopes to receivec. the cost, at the current level of production, of producing one more roll of filmd. the price the consumers are willing to pay for a roll of film
Answer:
d. the price the consumers are willing to pay for a roll of film
Explanation:
The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.
. Determine the monthly payments of principal and interest for a 20 year loan
e. Determine their total monthly payment, including homeowners' insurance and taxes
f. Determine whether the couple will qualify for the 20 year loan
g. Determine how much of the first payment on the loan is applies to the principal.
In order to determine the monthly payments of principal and interest for a 20-year loan, we can use the loan amount, interest rate, and loan term to calculate the amortized monthly payments.
e) By adding the monthly payments of principal and interest to the homeowners' insurance and property taxes, we can determine the total monthly payment.
f) By considering the couple's income, credit score, and debt-to-income ratio, we can evaluate whether they qualify for the 20-year loan.
g) With an amortization schedule and the loan details, we can determine the specific amount that applies to the principal in the first payment.
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Explain how the amount of a down payment affects your monthly mortgage payments.
Answer:
The more money you put down, the smaller your principal value becomes. Having a smaller principal value will make your monthly payments smaller.
Explanation:
The amount of a down payment you pay will affect your monthly mortgage payment. If you put a larger down payment on your mortgage/loan you will pay less in monthly mortgage payments. If you put a smaller down payment you will end up paying more monthly.
when does business unit planning occur in the strategic planning process? group of answer choices after corporate planning and product planning after offering planning but before product planning before corporate planning after offering planning after corporate planning but before offering planning
Business unit planning typically occurs after corporate planning and product planning but before offering planning in the strategic planning process.
What is Business?Business is an activity that involves the production, buying, and selling of goods and services. It involves individuals, organizations, and companies working together to create economic growth and development. Business activities are conducted in order to generate profits and satisfy customer needs. Businesses can involve a variety of activities such as accounting, finance, marketing, operations, production, and human resources. Businesses must also consider their legal, ethical, and social responsibilities when engaging in their activities.
This allows the business to identify the potential opportunities and resources available to the business unit, as well as analyze the risks associated with pursuing those opportunities. This process also helps the business unit identify the strategies and objectives necessary to achieve its desired outcomes.
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What is the difference between international and domestic travel?
Answer:
domestic is within the same country
international is between countries
Initiative means letting your boss define your tasks. true or false
The statement is false because initiative involves taking responsibility for one's own work and actively seeking out opportunities to contribute to the success of the organization.
Initiative is the ability to take action without being prompted or directed to do so. It involves recognizing opportunities for improvement or growth and taking proactive steps to make things happen. This means being self-directed, motivated, and willing to take risks in order to achieve a desired outcome.
When an employee shows initiative, they are demonstrating a willingness to take ownership of their work and actively seek out opportunities to contribute to the success of the organization. They are not simply waiting for someone else to tell them what to do or waiting for instructions to be given.
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What are the 4 values in agile?
The four basic values of Agile software development as expressed by the Agile Manifesto are:
people and collaborations over cycles and apparatuses;working programming over thorough documentation;client coordinated effort over agreement discussion; and.answering change over sticking to the script.Proponents of Agile methodologies say the four qualities framed in the Agile Manifesto advance a product improvement process that spotlights on quality by making items that address shoppers' issues and assumptions.
The 12 standards are expected to establish and uphold a workplace that is centered around the client, that adjusts to business targets and that can answer and turn rapidly as need might arise and market influences change.
The four basic values of Agile software development as expressed by the Agile Manifesto are:
people and collaborations over cycles and apparatuses;working programming over thorough documentation;client coordinated effort over agreement discussion; and.answering change over sticking to the script.Know more about the values of agile - https://brainly.com/question/29782063
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What are withdrawals and how do they affect the basic accounting equation?
Funds that are taken from the business to pay for personal expenses. They decrease the owner's equity in the business.
What is the difference between an excise tax and a percentage tax?
The local government determines the amount of tax to be charged, and there is a sales tax in place in 45 US States. Contrarily, an excise tax is a flat fee that is added to the cost of certain goods, some by states and some by the federal government.
What is the major difference between excise tax and value added tax?A percentage-based ad valorem tax is levied. This leads to the creation of an excise tax depending on the cost of the good or service. The Internal Revenue Service (IRS), for instance, charges an excise tax of 10% on indoor tanning services.
Sales tax is charged on the sale of products, whereas excise duty is charged on the manufacture of goods. While the manufacturer is responsible for paying the excise tax, the end user is responsible for paying the sales tax.
A business tax known as percentage tax is levied against individuals or organizations who engage in the sale or rental of commodities, real estate, or services in the course of their trade or company and whose gross annual sales or revenues do not exceed P550.000.
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Which of the following could be considered collateral for a loan? (Select all that apply.)
A. buildings
B. inventory
C. machinery
D. wages
Option B: inventory
Collateral is simply an asset, such as a car or home, that a borrower offers up as a way to qualify for a particular loan. collateral can make a lender more comfortable extending the loan since it protects their financial stake if the borrower ultimately fails to repay the loan in full.
The biggest risk of a pawn loan is that you can lose your assets if you don't repay the loan. it's especially dangerous if you back your loan with a very valuable asset like your home. It requires you to have valuable assets.
many banks and credit unions offer savings accounts, certificates of deposit (CD) funds, or secured personal loans, which are personal loans secured by your car. for this reason, these loans are sometimes referred to as mortgages. often there is no limit to these types of credits.
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The motivation task is incomplete unless salespeople's efforts are?
The motivation task is incomplete unless salespeople's efforts are channeled in directions consistent with the overall strategic role of the salesforce within the firm.
The motivation task is considered incomplete unless the salespeople’s efforts are not in direction with the overall strategic role of the salesforce team in the organization. As motivation is considered very important for any business organization. Motivation is directly linked with efficiency of any organization. If the salesperson finds his job rewarding they would be motivated and their efficiency would be enhanced.
Motivation could be intrinsic or extrinsic. The salesperson who is intrinsically motivated finds the job quite rewarding, however the salesperson who is extrinsically motivated is basically motivated by the job rewards. Rewards are linked directly to attainment of objectives. Generating income is the main role of salesforce. The salesforce must work together and build trust with the customers.
Therefore the motivation task is incomplete unless salespeople's efforts are channeled in directions consistent with the overall strategic role of the salesforce within the firm.
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The main purpose of a cover letter is to:
a. Get hired for a position
b. Be called in for an interview
C. Let yyour friends know how your job search is going
d. Obtain references from your network
Answer:
be called for an interview
Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the Banking Services pathway of the Finance career cluster to help her do this.
A. True
B. False
The Answer is: A. True
She would need to call someone from the Banking Services pathway of the Finance career cluster to help her.
When Canadians purchase American made DVDs, then for the U.S. economy...
a)consumption spending increases
b)investment spending increases
c)government purchases increase
d)export spending increases
When Canadians purchase American made DVDs, then for the U.S. economy was consumption spending increases. The correct option is (a).
What do you mean by the consumption spending?Consumer spending is the total amount of money spent by people and families in an economy on finished goods and services for their own use and enjoyment.
All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.
According to Keynesian theory, consumption of goods and services results in a decrease in production if it does not boost the demand for such commodities and services.
Businesses will fire employees when production declines, which will increase unemployment. Thus, consumption influences an economy's revenue and output.
Therefore, when Canadians purchase American made DVDs, then for the U.S. economy was consumption spending increases.
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should be subtracted from the sales price per unit to compute the unit contribution margin. Question content area bottom Part 1 A. Only variable product costs B. All variable costs C. All fixed costs D. Only variable period costs
The cost that should be subtracted from the sales price per unit to compute the unit contribution margin is the variable production cost. option(a)
This includes the direct costs of producing and selling a unit of a product, such as direct materials, direct labor, and variable manufacturing overhead. These costs are directly related to the production and sale of the product and vary with the level of production.
By subtracting the variable product cost from the sales price per unit, the contribution margin can be calculated. The contribution margin represents the amount of revenue that contributes to covering the fixed costs of a business, as well as providing a profit.
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