Chapter Five Which of the following identifies the best reason for why you should ignore advice to employ a competitive price approach in which you undercut all competitors? By setting the price before you know the costs‚ you could lose money on every razor you sell. You are considering a cost-plus pricing method for the razor. Which of the following identifies the greatest danger in using this pricing method? The price that is set will dramatically decrease demand. Another pricing
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Assignment 201 Principles of communication in adult social care settings Unit 301 Task A Identify four different reasons why people communicate. 1Expresing and sharing ideas‚needs and wishes. 2.Obtaining and receiving information. 3.Forming relationships. Two – way communication is required to form relationships and establish the boundaries . 4.Getting to know each other. Getting to know people by listening and talking to them enable to develop an understanding which will lead to stronger
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Case study page 600: Question one: What has sustained Southwest culture? Southwest Airlines has a strong culture that lasted for 32 years. The organization’s core values are intensely held and widely shared by the whole organization‚ meaning that all employees believe in and stick to the organizational culture which makes sense why it’s regarded as having a strong culture. Which is reflected through their performance‚ loyalty and commitment‚ even when others competitors rose in the market
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9: Woodside Petroleum Limited is about to raise additional short-term funding to meet its funding needs over the next three-month planning period. It is considering issuing commercial bills or promissory notes. (a) What is a promissory note? Identify and briefly explain the roles of the parties to a P-note issue. (b) What are the main differences between P-notes and commercial bills of exchange? A promissory note‚ which typically has a maturity of 90 days‚ is described as ‘an unconditional promise
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Principles of communication in adult social care settings Task A Ai. 1. Continuity of care 2. Socialise and build relationships 3. Safety of service users and their health 4. Share information i.e. updates‚ changes Aii. 1. Builds up trust and good working relationships with both service users and colleagues‚ which‚ will help people feel confident in coming to you with information/needs or general chats which could then help with the care of a service user in the future
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Review Entrepreneurship EXAM 1 Chapter 1 -5 CHAPTER 1 3.- What is entrepreneurship? Entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control. The essence of entrepreneurial behavior is identifying opportunities and putting useful ideas into practice. Requires creativity‚ drive‚ and a willingness to take risks. How can one differentiate an entrepreneurial firm from any other type of firm? Entrepreneurial firms are
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1. Identify three areas where IT could be applied to improve management of Ellington Galleries. a. Supplies Chain Management- ordering‚ pricing‚ shipping b. Customers Resource Management – orders‚ personal information‚ c. Accounting Information System - billing‚ invoices‚ stock‚ customers‚ employees 2. Explain how each solution would benefit the Galleries‚ specifically addressing how it could improve business intelligence (BI) and decision-making and/or overall management of the business
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Outcome 1 For this outcome I have been asked to explain why effective communication is important in developing positive relationships with children‚ young people and adults. 1.1 It is important to have effective communication with children‚ young people and adults in order for them to feel comfortable and to enable us to have positive relationships with them. Below are the reasons as to why this should be done for children‚ young people and adults. We should always come across as positive
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Narcotic drugs CRJ 311 December 13‚ 2010 Introduction: In this paper I will discuss the details the classification of narcotic drugs in criminal law‚ forensic evidence needed to obtain a conviction in a drug case. The term narcotic implies a state of lethargy or sluggishness
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Test 1 Chapters 1-4 Student: ___________________________________________________________________________ 1. A cause-and-effect relationship is implicit in the: A. Realization principle. B. Historical cost principle. C. Matching principle. D. Going concern assumption. 2. Accounting standard setting has been characterized as: A. A political process. B. Using the scientific method. C. Pure deductive reasoning. D. Pure inductive reasoning. 3. The FASB ’s conceptual framework ’s qualitative
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