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>
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<em>brainly.com/question/15112599</em>
Answer:
Value Added = Value of Output - Intermediate Consumption = Final Goods . Value
Explanation:
This can be explained with an example:
A produces flour & sells it to Grocer for Rs 100. Grocer produces Wheat & sells it to Baker for Rs 150. Baker produces bread & sells it to Consumers for Rs 200.
Value of Final Product (Used by end consumers) i.e Bread = Rs 200.
However if considering total Value Of Output including all value added at each stage = 100 + 150 + 200 = 450. This is Overestimated value of Final product Bread, because of 'Double Counting' - Grocer's wheat includes the intermediate good (good purchased for further resale/reprocessing) value of flour and Baker's bread includes value of Wheat & flour intermediate products both.
This problem can be solved by: Calculating Value Added (by subtracting intermediate consumption) at each stage & then summing it to get the Final good value.
In this case: Farmer's Value Added = VO - IC = Flour Value - 0 = 100 .
Grocer's Value Added = VO - IC = Wheat - Flour Value = 150 - 100 = 50
Baker's Value Added = VO - IC = Bread - Wheat Value = 200 - 150 = 50
Adding value added by all these 3 we get , 150 + 50 + 50 = 200 i.e equal to final good bread value 200.
Answer:
The correct answer is letter "E": Global marketing.
Explanation:
Global marketing refers to all the efforts a company males to promote its goods or services across its original borders. It allows firms to widen their possibilities of making more profits and reduces the risk of relying on domestic consumption only. Businesses with global marketing view tend to adapt their products to the different regions of operations or provide the most standardized version of their original good.
Answer:
$4.94 million
Explanation:
As we know that
Current ratio = Total Current assets ÷ total current liabilities
0.95 times = Total current assets ÷ $26 million
So, the total current assets would be
= $24.7 million
So, the value of inventory would be
= (One - current assets percentage - account receivable percentage) × current assets
= (1 - 50% - 30%) × $24.7 million
= 0.20 × $24.7 million
= $4.94 million
The attached graph shows that the inflation target as 0.0439% and below.
<h3>What is inflation?</h3>
- The rate at which the cost of goods and services increases is known as inflation.
- Demand-pull inflation, cost-push inflation, and built-in inflation are the three categories into which inflation is sometimes divided.
- The Consumer Price Index and the Wholesale Price Index are the two most often used inflation indexes.
- Depending on the viewpoint and rate of change, inflation can be perceived positively or negatively.
- Those who own tangible assets, such as real estate or stored commodities, may benefit from inflation since it will increase the value of their holdings.
- Inflation is caused by a rise in the supply of money, albeit this can happen through a variety of economic causes.
Hence, the correct answer is “Option B”, the inflation target as 0.0439% and below.
To learn more about inflation, refer to
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