The skill is not beneficial for SWOT analysis.
Sales skills refers to skills which an individual must possess to excel in the sales industry.
- Skills such as Active listening, Initiative, Empathy, Verbal communication skills, Positivity, Time management, Critical thinking, Self-regulation are example of sales skills needed to excel in sales industry.
- Therefore, the skills to convince others that an idea makes sense, to show investors how a project or business will generate a return and to help employees understand the benefits of a new process are all example of sales skills.
In conclusion, sales skills is not beneficial for writing a company's SWOT analysis because the analysis is an internal factor.
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The Phillips curve argues that unemployment and inflation are inversely related
<h3>What is
Phillips curve?</h3>
The Phillips curve is an economic model named after William Phillips, who hypothesised a link between lower unemployment and higher rates of wage growth in an economy.
The Phillips curve is a graph that depicts the economic link between the rate of unemployment (or the rate of change in unemployment) and the rate of change in money earnings. It is named after economist A. William Phillips and suggests that when unemployment is low, wages tend to rise quicker.
According to the Phillips curve, inflation and unemployment are inversely related. Lower unemployment is associated with higher inflation, and vice versa. The Phillips curve was a notion used to drive macroeconomic policy in the twentieth century, but it was put into doubt by the 1970's stagflation.
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Answer:
C. $71,000 instead of attending graduate school
Explanation:
Given that
Economic cost = 175000
Recall that
Economic Cost = Accounting (Explicit) Cost + Implicit Cost
Accounting Cost = Tuition + room + books
= 100000 + 20000 + 2000
= 122000
Implicit Cost = Opportunity cost of attending the school. So,
Assuming money earned from job = a
Then,
Spending if she gets the job = 18000 on room.
Therefore,
Implicit cost = a - 18000
We have
Economic Cost = 122,000 + (a - 18000)
175000 - 122000 + 18000 = a
53000 + 18000 = a
71000 = a
Remember
a = money earned from job
Thus
Money she could earn in 2 years instead of attending graduate school = $71,000
<span>It aims to maximize return by <span>investing</span></span>