Answer:
Relationships; Competition.
Explanation:
In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to <u>relationships</u>, and from <u>competitions</u> to collaboration.
Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.
Answer:B. anything that interferes with the message being heard or understood.
Explanation: Communication is the process of sending and receiving information, Communication must involve the following for it to take place.
Noise is any form of interaction that prevents or interfere with the adequate transfer and recieving of Information.
Communication can be in the form of verbal communication,print media(News papers, letters etc) through electronic communications (email, television, mobile phone etc).
Answer:
5%
Explanation:
nominal interest rate = 5%
real interest rate = nominal interest rate - increase in GDP deflator (inflation rate) = 5% - 2% = 3%
The nominal interest rate is the interest rate earned or charged without considering the effects of inflation. The real interest rate adjusts the nominal interest rate against the year's inflation rate.
Answer:
Crashing
Explanation:
The scenario perfectly explains 'Crashing', which is employed by project managers when deadlines of projects come closer. If a project is to be completed within the schedule in order to achieve it's intended benefits but with all the existing resources it's not becoming possible to have it completed on time, in such cases additional resources are brought in for completing the project or if securing of additional resources isn't possible, then under crashing, requirements or scope of the project could be reduced after taking major stakeholder's agreement. The purpose of crashing is to achieve maximum reductions in time with incurring minimum additional cost.
Answer:
a. 30 million
b. 60%
c. 33.33%
Explanation:
The computation is shown below:
a) Labor force = employed + unemployed
= 20 million + 10 million
= 30 million
b) Labor-force participation rate = Labor force ÷ Working age population
= 30 million ÷ 50 million
= 60%
c) Official unemployment rate = unemployed ÷ labor force
= 10 million ÷ 30 million
= 33.33%
