products (capital to labor) is 12. If not‚ what adjustments are called for to improve the efficiency in resource use? The ratio of prices PK/PL= r/w= 50/5=10 and The capital to labor MPK/MPL= w/r=12 These two ratios are not equal‚ the restaurant should change inputs. To make the ratios equal the restaurant should use more capital and less labor. This tells us that the capital is 12 times as productive and 10 times more costly. Question2 A competitive firm sells its product at a price of $0.10
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ADRIANNA - In my opinion there are multiple pros and cons being a Medical Equipment Salesperson. To being‚ one pro would be personal selling. By being a personal salesperson you get to represent the firm’s sales force in order to engage customers‚ make sales‚ and build customer relationships. People holding these jobs are responsible for listening to the customer‚ assessing their needs‚ and organizing the overall company’s efforts to solve any customer problems. These individuals get the privilege
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Question 3 : Explain the significance and strategy of a salesperson undertaking a relational boundary spanner role 1) Significance of a salesperson undertaking a relational boundary spanner role A salesperson works at the boundary between the firm and the customer. They manage the interface between the organisation and the environment. As for‚ they perform actions that link the customer to the firm. “Salespeople represent the company to the customer and the customer to the company” (Hair
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Movie: The Firm Sydney Pollack’s film The Firm is a drama based on an desire to escape from the law firm (Berndini‚ Lambert‚ and Lock) from which he was hired. The relatively small but wealthy firm wines and dines the ambitious Harvard Law Graduate’s (played by Tom Cruise) with money and gifts in order to make him part of their team. Overwhelmed by the gracious treatment and substantial offer Mitch McDeere takes the offer to be part of the Firm. The firm gets them caught up in a affluent lifestyle
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Firms did not flourish until the early 20th century. They emerged as an authorized structure and were granted exclusive rights to trade and conduct business in certain markets and products. The fact that firms are a different way to organize economic activities cannot explain explicitly and adequately the reason of firm formation. Many socialists and economists have given their interpretations of the conditions under which firms emerged and developed in certain ways in a specialised exchange economy
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service” (Tracy)1. They take risks in order to fill the void between what is available and what consumers want or need. Entrepreneurs create prosperity and growth within the economy “…because it is the entrepreneurial energy‚ creativity and motivation that trigger the production and sale of new products and services” (Tracy)1. These businesspeople help build our economy by creating jobs‚ increasing productivity and partnering with other firms to help reach success. Entrepreneurship is so crucial to society
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achieve income‚ wealth‚ status‚ and education. These are only a few of the factors‚ although‚ there are numerous other factors to these achievements. The majority of Caucasians continue on in financially secure. Starbuck and Lundy agree (2015:158) that Caucasians are most likely to be in the highest income group. Several may come from old money to assist with this financial security. Other Caucasians being thoroughly educated‚ earn their financial freedom. They stand firm in their belief that
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Behavior Name: YI KA SO(VEGA) CASE STUDY 3 What do we do with Howard? Synopsis: The story start with Howard Lineberry‚ he is a certified surveyor. He worked for Agrigreen Inc. as a lead surveyor‚ his job duty is to assist project engineer for survey activities and support project engineers on any means possible. During his years at Agrigreen‚ a lot of personnel changes had been made. "Since he was hired‚ he had worked for four different supervisors."(What) First supervisor was Jerry Givens‚ he was
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Crime is on increase Unorganized society commonly caused by many reasons especially the vandalism that leads to unexpected crimes. As we know that‚ the number of crime committed is increasing day by day while there are also the varieties of its consequences as well as the solutions. In the next paragraphs‚ both causes and effects of crime will be discussed after one anther which will also be followed by the beneficial solutions. One of the causes of crime is the poor parenting skill which simply
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2. What do we want to learn? What are the key concepts (form‚ function‚ causation‚ change‚ connection‚ perspective‚ responsibility‚ reflection) to be emphasized within this inquiry Key concepts: Form‚ responsibility‚ connection Related concepts: cooperation or conflict‚ interdependence What lines of inquiry will define the scope of the inquiry into the central idea? What teacher questions/provocations will drive these inquiries? Lines of inquiry
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