application of new and improved technologies. Having read the chapters from Lovelock‚ Wirtz‚ Key & Lu (2005) and Masterson & Pickton (2010)‚ what concepts or ideas relating to services marketing did you find most difficult to understand and why? Answer: In my opinion‚ the most difficult to understand concept is “People are often part of the product”. The difference between ones service and another often lies in the quality of employees who serve the customers. Service firms need to devote special
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General Knowledge Questions Answers No. General Knowledge Question 01 The first Prime minister of Bangladesh was Mujibur Rehman 02 The longest river in the world is the Nile 03 The longest highway in the world is the Trans Canada 04 The longest highway in the world has a length of About 8000 km 05 The highest mountain in the world is the Everest 06 The country that accounts for nearly one third of the total teak production of the world is Myanmar 07 The biggest desert in the world
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ANSWERS TO END-OF-CHAPTER QUESTIONS 14-2 The two principal reasons for holding cash are for transac¬tions and compensating balances. The target cash balance is not equal to the sum of the holdings for each reason because the same money can often partially satisfy both motives. 14-4 The four elements in a firm’s credit policy are (1) credit standards‚ (2) credit period‚ (3) discount policy‚ and (4) collection policy. The firm is not required to accept the credit policies employed by its
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Oedipus‚ Antigone‚ and the Poetry of Sappho Question One: Fully explain who Laius is‚ how he died‚ and how Laius’ s death led to the downfall of Oedipus. (5 points max) Laius was the first husband of Jocasta‚ and the biological father of Oedipus. The play begins when Laius is already dead‚ and it is explained that he was overtaken by a gang of thieves on a crossroad and killed by an unknown man. It is later found out that the son of Laius is responsible for the murder. Before the boy is born to
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HSC Diploma Level 2 Unit 233 Meet food safety requirements when providing food and drink for individuals Please answer the following questions in as much detail as possible‚ and use a different colour to make your answers stand out. Put your name and date on the completed work and send to your assessor. 1. Identify potential food safety hazards when preparing‚ serving‚ clearing away and storing food and drink Potential food safety hazards when preparing‚ serving‚ clearing away and storing food
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National Institute of Business Management Chennai - 020 FIRST SEMESTER EMBA/ MBA Subject : Marketing Management Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. Explain the modern developments in the concept and practice of marketing. In the modern times‚ the marketing concept and as a result the practice of marketing management have continued to evolve and develop and will continue to do so in future owing to the rapid
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Contribution income statement is an income statement that classifies cost by behavior (fixed cost and variable cost). Traditional income statement is sometimes called the functional income statement. It is an income statement prepared in the multiple-step or single –step income statement format which conforms to Generally Accepted Accounting Principles (GAAP) and can be used for external financial reporting. The main difference between the two is that the contribution income statement list variable
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1. Why does specialization become a factor in town life during the Neolithic Era? Answer: Due to warming of the climatic conditions‚ people started settling down in one place to make permanent homes. The first urban villages and towns were set up during the Neolithic Era. The farmers of those times began producing more food than they could consume themselves. They had enough food to share with their neighbors. This extra food allowed others to give up farming and take up alternate professions based
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I think this one sounds the best and most intriguing. I just want to have a lot of interest on my savings account as I grow older. 5. Which strategy for saving do you think would work best for you? Why? (3-6 sentences. 2.0 points) The simple answer to successful saving is regularity. For the working masses that usually means having their designated savings withdrawn from their earnings and deposited into the appropriate vehicle (i.e. 401K‚ etc.) before they see their paycheck 6. Describe two
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1. Why does Machiavelli caution a prince against being too generous? Machiavelli‚ in Chapters 15 of The Prince‚ explains that nature doesn’t allow perfection in any human being. This leads him to the conclusion that princes should avoid qualities that may hindrance their abilities to rule even if they are considered ‘good’‚ under which generosity can be grouped as. He speaks further in detail in the next chapter‚ when he says generosity is a ‘dangerous practice’. He explains that if a prince were
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