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zvonat [6]
3 years ago
8

Britney and David work for the same retail clothing company. Britney started working with the company as a manager of the childr

en’s department. She has a business degree, five years of experience in retail sales, and has excellent customer relationship skills. She is paid $60,000 per year plus benefits. David also has a college degree but his degree is in communications. He has six years of experience as a retail sales manager in the men’s department of a clothing company and spent a year on the staff of a famous clothing designer where he gained unique insights into how clothing is made, how fabrics are selected and the different properties of different fabrics. He is paid $80,000 per year plus benefits. Britney and David were discussing their compensation during lunch one day and Britney was quite upset that David was paid so much more than she. What is the issue that has caused Britney to be upset?
Business
1 answer:
garri49 [273]3 years ago
6 0

Answer:

She is upset because she feel that the compensation is not equal.

Her skills, education, training, and work is the same as David, and for that, the two should be equally compensated.

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It is important for an entrepreneur to have ___________ when approaching an angel investor or venture capitalist
Mashcka [7]

It is important for an entrepreneur to have <u>area of specialization</u> when approaching an angel investor or venture capitalist

Just as the venture capitalist has to be careful in selecting his investment, the entrepreneur should also take several factors into account while selecting a venture capitalist. The entrepreneur should take care in selecting the right venture capitalist to approach based on the venture capitalist's area of specialization.

The entrepreneur while approaching venture capitalist should have a  detailed and well organized business plan as is the only way to gain a venture capitalists attention and obtain funding. They do not invest on a two page summary.

Hence, it is important for an entrepreneur to have area of specialization.

To learn more about venture capitalist here:

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8 0
1 year ago
The field of accounting that focuses on providing information for external decision makers is:.
SSSSS [86.1K]

The field of accounting that focuses on providing information for external decision makers is Managerial accounting. This is further explained below.

<h3>What is Managerial Accounting?</h3>

Generally, Information for external decision-makers is the primary emphasis of managerial accounting. For investment decisions, stockholders rely heavily on management accounting data.

In conclusion, Managerial accounting is a branch of accounting that specializes in the dissemination of economic data to external decision-makers.

Read more about Managerial accounting

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8 0
2 years ago
A US company producing cell phones in Brazil would be counted in the measurement of the United States
stira [4]
GNP. So B is correct.

4 0
3 years ago
The "act" part of the PDCA cycle for project meetings is: ​ a. perform in-between meeting tasks b. prepare an advanced agenda to
Lelu [443]

Answer: perform in-between meeting tasks(A)

Explanation:

The plan-do-check-act (PDCA) is a four-step method that is used in business and organizations for the control and improvement of the processes and products

A in PDCA stands for Act and it means to take action based on what one has learned in the study. In a case whereby the change does not work, own should go through the cycle again using a different plan.

In cases were one is successful, the person should incorporate what has been learned from the test into broader changes.

The "act" part of the PDCA cycle is used to perform in-between meeting tasks.

3 0
3 years ago
Christie has just started with a travel agency. and she has been offering clientsand prospective clients a range of packaged tou
Marta_Voda [28]

<u>Full question:</u>

Christie has just started with a travel agency. and she has been offering clients and prospective clients a range of packaged tours. She is concerned. because the commissions she is earning on her sales are lower than she had hoped. Her colleague Peter. who has been with the agency for several years, is having a great deal of success by working closely with the clients. seeking their ideas. and building customized tour packages for each one based on their suggestions.Peter's approach is based on A. transaction-oriented marketing.B. premium C. Vlaue Cocreation D.sales-oriented marketing.

Peter's approach is based on value cocreation.

<h3><u>Explanation:</u></h3>

Value co creation is one of the strategies used in the business. It is a business strategy that helps in creation and promotion of the involvement of the customers actively in creation of on demand and made to order products. By using this strategy they will get the exact product they are in need and they can also involve in understanding how those products are formed.

In the example given, The colleague of Christie, Peter is being working closely with the clients and he offers the services by asking the customer's ideas and their suggestions. Thus the approach followed by Peter is value cocreation.

6 0
3 years ago
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