2012 Exam Question Answer Q1. Marketing can be defined as an organization function and a set of process foe creating‚ communicating and delivering value to the customer and for managing customer relationship in a way that it benefits the organization and its stakeholders. In order to understand the marketplace and customer needs and wants‚ marketers need to identify the needs of the consumer‚ which is defined as the state of felt deprivation‚ such as hunger and self-actualization needs.
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ANSWERS TO END-OF-CHAPTER 16 QUESTIONS 16-1 The U.S. dollar. The primary reason for using the dollar was that it provided a relatively stable benchmark‚ and it was accepted universally for transactions. 16-2 Under the fixed exchange rate system‚ the fluctuations were limited to +1 percent and -1 percent. Under the floating exchange rate system‚ there are no agreed-upon limits. Currently‚ the 12 countries making up the EMU have their national currencies fixed to the euro; however‚ the
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CHAPTER 22 The Costs of Production Topic Question numbers ___________________________________________________________________________________________________ 1. Costs: explicit and implicit 1-9 2. Profits 10-23 3. Short run versus long run 24-31 4. Law of diminishing returns 32-55 5. Short-run costs 56-157 6. Long-run costs 158-193 Last Word 194-196 True-False 197-210 ___________________________________________________________________________________________________
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What nursing decisions do you think would have the greatest legal implications? Consider how different decisions for the same situations might lessen legal ramifications. Faced with ethical and legal decisions on a daily basis‚ nurses must at times make some pretty tough decisions including how to proceed with care for an incapacitated patient with no advanced directive or how to proceed when called upon to testify against a current employer. The American Nurses Association Code of Nursing Ethics
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Optical Distortion Inc. – Questions for Discussion 1. What characteristics of the ODI contact lens are likely to make it appealing or unappealing to different types of chicken farmers? [If desired‚ this question can be rephrased to include a specific reference to literature on diffusion of innovations.] Advantages: reduction in mortality due to cannibalism among chicken from 25% to 4‚5% decrease in egg-production loss (savings on egg-production) savings on feed expenses fast process of installing
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Contribute to health and safety in health and social care. 1.1 Identify legislation relating to general health and safety in a health or social care work setting. The legislation relating to general health and safety is the Health and Safety at Work Act 1974‚ it outlines that everybody has a duty of care for others. It also provides a framework which has been set by codes of conducts for the standard and quality of care provided in health and social care. Other legislation may include: Manual
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4. What is the significance of culture for international business? And in what ways may a religion affect the international business activities of companies? Please discuss some cross-cultural issues involving international business management. Answer: The cultural nuances that affect international business obviously go far beyond the ability to greet your international colleague or choose the correct gift. Issues related to the culture’s time orientation‚ whether it is an individualist or collectivist
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1. List the top three to five highest priorities of your job as you understand them. 1. Customer service 2. Accurate repair order write ups 3. Selling service and accessories‚ up selling. | | |2. List what you consider to be your greatest strengths or accomplishments this year. | |
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Assignment Unit 8: Assignment Ty Pritchard Government Regulations in the Energy Industry‚ ENRG 330 Instructor: Joshua Swanson Date: 12/4/2012 Complete short answers to the following questions. Please include the question as part of your answer to facilitate grading. 1. Describe two initiatives established by the Clean Air Act Amendments of 1990 that have enhanced the nation’s demand for ethanol? One Clean Air Act Amendment of 1990 required the use of oxygenates (such as ethanol) to be
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Marketing In The Digital Age ANSWERS Be sure to answer all parts of each question. Be sure to use complete sentences whenever appropriate. Good Luck! 1. What were the four major forces that shaped the digital age? Digitalized and Connectivity Internet Explosion New type of Intermediaries Customization and Customerization 2. What are the four major e-commerce domains? Business to Consumer Business to Business Consumer to Consumer Consumer to Business 3. Define internet
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