2. The finance department is important in one company because it covers a wide range of activities from basic bookkeeping to providing financial information essential to the company's survival. Its role is to balance profit with cost also.
3. The marketing department plays a vital role in a company in representing the company's image and brand. They are the ones reaching out to customers, prospects, and investors.
4. <span>The customer service department's task is to keep the customers that the marketing department brought in satisfied. They handle problems, issues, queries that a customer may have, and the services they offer is extremely important for a company in a long-run.
5. In forming a new company, you will need to have workers and staffs in the marketing and finance department. Since a baby company will usually have a hard time entering a market, a skilled marketing staff is needed to market their products and services. To balance the cost of marketing and advertising also, you will need a proficient finance staff. With these two departments, you can slowly grow your company little by little.
6. Apple is an example of a very successful company in their chosen line of business. They offer <em>great customer service</em> and in-store experiences. They stay <em>two years ahead of their competitors</em>. They produce <em>easy to use </em>products which is, of course, a benefit to the customers.
7. Top three reasons for the failure of a business: mismanagement - without proper planning or standards to follow a company would be in a chaos; poor accounting or financial decision making - money is what makes a business run, having inadequate knowledge in this area will seriously affect the business; location - is the location of the business convenient for customers? Your business can be great but the location also influences a company's success.
8. An example of an employee facing a conflict of interest is when he uses his position or involvement in that company for his own personal gain. To deal with this situation, a mediator or someone of higher rank can guide or supervise. Talking it out might help but to assure that such situation won't happen again, there must be sanctions or penalties imposed to the involved employee.</span>
Answer:
The answer is: Earnest money deposit (EMD)
Explanation:
An EMD or a good faith deposit is done in a real estate operation. Usually when the buyer doesn´t have all the money to buy the property they make a EMD when signing a sales contract. The EMD gives the buyer some time to get a loan, conduct the title search, a property appraisal and all the inspections necessary before closing the deal. The buyer gets his money back in case something goes wrong with the sell that isn´t his responsibility, i.e. the house has severe damage that was unnoticed until a further inspection was made. But when the sell isn´t carried out due to issues with the buyer, i.e. he couldn´t get his loan approved in time, then the buyer gets to keep the EMD. The contingencies must be stipulated in the contract, ether in favor of the buyer or the seller to establish in which cases a party can claim the EMD.
Answer:
The Sherman Antitrust Act.
Explanation:
The Sherman Antitrust Act was enacted by the federal on 2nd July 1890. The act was passed in response to the growing competition among the business. The act was named after Senator John Sherman the proponent of the act. The act prohibited charging of unfair prices on farmers and merchants and favoriting large companies.
This act restrained the growth of monopolies who were practices that were trying to stop free trade.
<u>It was an anti-trust act; trusts were the big business markets from which stakeholders would transfer theirs on a single trustee. This created a monopoly in the market disabling other companies</u>.
So, the correct answer is the Sherman Antitrust Act of 1890.
The least expensive and most sustainable way to meet our energy needs in the future is to develop renewable energy sources.
A renewable resource, also called a flow resource, is a natural resource that replenishes itself through natural regeneration or other iterative processes within a finite amount of time on the human timescale to replace the portion depleted through use and consumption. If the resource's payback rate is unlikely to exceed human timescales, they are called permanent resources. Renewable resources are part of the earth's natural environment and the largest component of its ecosphere. A positive ecological balance is an important indicator of resource sustainability.
The definition of renewable resources may also include agricultural production, such as agricultural products, and to some extent water resources. In 1962, Paul Alfred Weiss defined renewable resources as Another type of renewable resource is renewable energy sources. Common renewable energy sources include solar, geothermal, and wind, all classified as renewable resources. Freshwater is an example of a renewable resource. develop renewable energy sources.
Learn more about renewable energy sources here: brainly.com/question/79953
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Answer:
- A statement that mentions you’ve enclosed discount coupons
Explanation:
As the confidence of customer will be restored when he /she realizes that the company is concerned and responsive to the complaint. So, a statement that mentions you’ve enclosed discount coupons and an alternative can restore confidence.
