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Murljashka [212]
3 years ago
6

Importance of completing client records correctly

Business
1 answer:
oksian1 [2.3K]3 years ago
6 0
The importance is particulalrly acute if your career consists of serving 
those clients, i.e., if that's how you make your living. If that's the case, 
then client records must be completed correctly, because if you don't, 
then it's only a matter of time before one of your mistakes is discovered 
and you find yourself in deep doo doo.  

Depending on exactly what kind of business you are in, correcting your
mistake might cost you big bucks.  But whether or not it costs you anything, 
the news that you don't always complete your clients' records correctly will 
spread like wildfire throughout your market of potential clients, and you will 
soon be out of business because you have no more clients. (They have all 
taken their business to somebody else.)  

You'll then be out on the street looking for another way to make a living, and 
wherever you go, your reputation for sloppy work and inaccuracy will ride into 
the employment interview on your back.  You may have to start at the bottom 
again, settling for a job where you have no clients ... and I can't even think of 
a job like that just now. 
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A fad shifts the demand curve for a toy to the right. When the fad ends, the demand curve will shift back to the left. How are t
NARA [144]

The shifts in the demand curve directly affect the demand for labor for the toy manufacturer which means the rightward shift in the demand curve requires more labor whereas the leftward shift requires less labor.

<h3>What do you mean by labor?</h3>

Labor also called human labor is the workforce who are engaged in the production of a product. The requirements of the labor totally depend on the demand for the product.

When the demand curve shifts toward the right that means the demand for the toys getting increases which leads to more requirements for human labor and when the demand curve moves towards the left, this means a decrease in demand for toys which results in lesser requirements for human labor. This shows a direct effect on the manufacturer of toys regarding the demand for labor.

Therefore, the changing of shifts will affect the manufacturer's demand for labor in a direct manner.

Learn more about the demand curve in the related link:

brainly.com/question/1915798

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8 0
2 years ago
A stamping machine begins turning out components that are out of tolerance. the manager removes the machine from service to ensu
fredd [130]

In this question, this is an example of immediate corrective action.

 

<span>Immediate corrective action is having a solution to the problem right away. This shows that the manager provides action on the spot in the situation/problem. This type of corrective action lacks sustainability and the duration of the solution is not think through.</span>

6 0
4 years ago
Knowledge Check 01 Identify the simplifying assumptions usually made in net present value analysis. (You may select more than on
steposvetlana [31]

Answer:

All cash flows other than the initial investment occur at the end of periods.

All cash flows generated by the investment project are immediately reinvested at a rate of return equal to the discount rate.

Explanation:

Net present value method: In this method, the initial investment is subtracted from the discounted present value cash inflows. If the amount comes in positive than the project is beneficial for the company otherwise not.

In the net present value, the yearly cash flows other than the initial investment is occur at the end of the period as all the yearly cash flows are discounted at the present value factor.

And, the discount rate is equal to the rate of return

So, these two statements are correct.

6 0
3 years ago
The goal of expansionary fiscal policy is______.
sp2606 [1]

Answer:

C. to increase aggregate demand.

Explanation:

Aggregate demand describes the total amount of all finished goods and services demanded in a country in a period. Aggregate is a reflection on the purchasing power of consumers in an economy.  A decrease in aggregate demand implies the economic power of consumers has decreased. A high inflation rate, low income, or high rate of unemployment can cause the aggregated demand to declines.

Expansionary fiscal policies are government actions of reducing taxes or increasing expenditure on stimulus programs. Reducing taxes increases the disposable income of consumers. It encourages firms to expand their businesses.  An increase in disposable means consumers will have more money to spend, which boosts aggregate demand. If the government spends money on stimulus programs such as the construction of roads and public buildings, it creates employment and income for more people.

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