Nipennie and Mirasa, two developing countries, bartered cotton for jute rather than for currency. In this scenario, the two countries engaged in counter-trade.
Explanation:
Counter-trade is an internal mode of trade through which products and services are traded instead of hard currency for any other products or services. For developing nations with restricted exchange or credit services, this form of global trade is more prevalent.
Counter-trade can be divided into 3 main categories: trade, counter purchase and reimbursement.
The earliest counter-trade practice is bartering. An important advantage of counter trade is that it makes foreign exchange savings simpler. Complex agreements, increased costs and logistic problems are rising drawbacks of counter trade.
Answer:
The answer is d
Explanation:
PV=(AP-SP) x AQ
500u=(1-x) x 10,000
500u=10,000x
x=$0.05
SP=1-0.05
=$0.95
Hope this helps! have a great day!
What is your concept of customer service in human resources?
The best way to close knowledge gap in an organization to s<em>et appropriate service criteria</em><em>, </em><em>train employees to meet </em><em>and </em><em>exceed </em><em>those </em><em>criteria</em><em> and measure </em><em>service performance</em><em>."</em>
In an organization the knowledge gap refers to the disparity in access to information, skills, expertise, know-how between or among the staffs and management of the organization.
The best way to close the knowledge gap includes
- Setting appropriate service criteria.
- Training of employees to meet and exceed those criteria
- Measurement of the service performance from time to time.
"The options to the question includes"
- <em>Be more realistic about the services it can provide and at the same time manage customer expectations effectively </em>
- <em>empower service providers, provide support and incentives and use technology </em>
- <em>understand customer expectations, </em>
- <em>Set appropriate service criteria, train employees to meet and exceed those criteria and measure service performance."</em>
Learn more about Knowledge gap here
<em>brainly.com/question/15112599</em>