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Stella [2.4K]
1 year ago
10

what is the difference between procedures and rules? can some rules be eliminated when solid procedures are in place? discuss.

Business
1 answer:
iragen [17]1 year ago
8 0

Rules are made so that people behave in a particular manner whereas, procedures are meant to guide about how to do something.

Procedures are the standard steps used to carry out tasks in an organization. They were created for repetitive tasks. They offer instructions regarding how to carry out a task. In speaking, procedures are inflexible and provide no room for inventiveness. It eliminates ambiguity from the work and provides it a clear structure.

Rules are specific instructions that define what must be done and what shouldn't be done. They were created in order to preserve, govern, and manage the workplace. They were inflexible and lack adaptability. Strict disciplinary measures are applied when rules are broken. It reflects decisions about what needs to be done and what cannot be done.

No, rules cannot be eliminated when solid procedures are in place because they determine the behavior or manner in which things should be done.

Learn more about rules and procedures here:

brainly.com/question/28361947

#SPJ4

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Brenda sold investment land for $200,000 in June. Her basis in the land was $75,000. The purchaser paid Brenda $40,000 cash and
spayn [35]

Answer:

b. $37,500

Explanation:

a. Realized gain = (cash down payment + Purchase Note ) - Adjusted Tax basis

=(40000+ 160000)-75000

= 200000 - 75000

= 125000$

Gross profit percentage = profit /sales

=125000 / (40000 + 160000)

=125000 / 200000

=62.5%

year 1 Realised gain =   downpayment * 62.5%

= 400000 *62.5%

=25,000$

Realised gain = installment payment * 62.5%

= 20000 * 62.5%

= 12,500$

i.e 37,500$

4 0
3 years ago
How did madrids tax reforms also aggravate discontent?
ziro4ka [17]
Are there any choices or no??
6 0
3 years ago
Savvy sightseeing had beginning equity of $90,000; revenues of $144,000, expenses of $83,000, and dividends to stockholders of $
Law Incorporation [45]

$140,200

90,000      Begining equity

+144,000   Plus revenues

=234,000  New total

-83,000     Minus expenses

-10,800      Minus Dividends to stockholders

= 140,200  Equals Ending equity

7 0
2 years ago
When a firm shifts from transactional selling to a value-added and relationship approach, a number of changes have to take place
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Answer:

When a firm shifts from transactional to value-added and relationship approach of selling the following changes takes place in the way the salesperson approaches he customer and their job:

  1. Whilst the objective the transactional approach is to make a sale, the relational approach is to build trust. When a customer trusts their sales person, it means they hold the sales person to put their interests first or at least take care of their interests whilst taking care of their too.
  2. The relational approach is more focused on retaining existing customers than making new ones. This is the obverse of a transactional relationship. It is said that it costs about 5 times extra to get a new client than what it takes to keep one. Thus the smart company focuses on honing this skill until they are better off for it.
  3. in a transactional approach, the nature of the relationship is relatively short, whilst it is stronger and longer in a relational approach. A Relational approach to selling can sometimes occur in the grey line between personal and official relationships.
  4. In a relationship-based approach to selling, the firm focuses on adding value in the primary areas of concern for the client as well as other areas. For example, a client - the CEO of a start-up requires recruitment, onboarding, and standard operating procedure as services from a HR firm. As a relational HR person, the best way to proceed would be to give him exactly what he wants and stil go ahead to add more value in other areas by giving templates of letter of appointment to the client.

Cheers!

3 0
3 years ago
Suppose there is a major technological advance in the production of a good that causes production costs to fall. If demand for t
victus00 [196]

Answer:

major key

Explanation:

the decrease of the price and quantity

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