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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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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Case Study 1 pg 51 1. What problems does Air Canada hope that Maintenix will solve? Theyre hoping that it solves their inefficient finance and inventory systems. The benefits of Maintenix that interested Air Canada were enhance visibility of fleet-wide data. Timelier decision-making‚ support of its currently existing business model‚ and increased operational efficiencies. 2. How does Maintenix improve operational efficiency and decision-making? MXI claims that their software reduces
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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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ITM 501 Module 4 – Case Trident University International June 1‚ 2013 Cloud Computing The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency. – Bill Gates Cloud computing relies on sharing computing resources rather than having local services or personal devices to handle all of the applications. “The Cloud” is
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Unit 4222-302 Engage in personal development in health‚ social care or children and young people’s setting Outcome 1 Understand what is required for competence in own work role. 1.1 Describe the duties and responsibilities of own work role. 1.1 Being a support worker I have many duties and responsibilities when supporting residents. From POVA‚ (protection of venerable adults) to Codes of Practice. POVA is part of the Care Standards Act 2000 and as of the 26th of July 2004 individuals should
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1. Understand the principles and requirements of assessment 1.1 Explain the functions of assessment in learning and development. An initial assessment is vital to identify the learner’s needs and learning intentions from the start. This process enables the centre or assessors to see what level of understanding or previous knowledge the learner is at and also if there are any areas of concern to be aware of. This in turn helps meet the learner’s needs. Identifying these needs ensures that each
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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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1.1 Explain the purpose and benefits of planning work‚ and being accountable to others for own work The purpose of planning work and being accountable to other for own work is so you can be organised over the period of time the work task will take you. Planning work enables you to be ready for any other emergencies that you may be faced with. You will also be able to set priorities and your work will be more efficient. By taking responsibility for the work being produced‚ it will give a positive
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Introduction of the company In yellow means copypasted The Samsung was founded by Byung-Chull Lee in 1938. First it started up with selling fish‚ vegetables and fruit to china. However‚ it was a success and became a co-operation in 1951. Moreover‚ Samsung began to expand they are business in financial‚ media‚ chemicals and ship building throughout the 1970’s. As a result‚ from 1958 onwards Samsung was recognised in making Televisions‚ Mobile phones‚ Radio’s‚ Computer components and other electronic
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