Answer:
lost value compared to the German mark because inflation was lower in Germany
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
If inflation of the currency of a country increases relative to that of another country, the value of that currency decreases
Answer:
Arrange for discussions with the customers including the possibility for full refund
Explanation:
Weight-Gone has failed in its promise of 8 pounds weight loss,hence a saving-grace approach would be to have cordial talks with the affected customers in order to establish their plight which will serve as a feedback for the quality team and the product design department in redesigning the product to make it fit for purpose.
Full refunds should also be arranged in order to show the company as been a responsible and trusted corporate citizen.
The reason why PlastiPharm should care about excess inventory is:
- It can lead to the degradation of the raw materials
<h3>What is Excess Inventory?</h3>
This refers to the situation where there is a product that is yet to be sold due to the excess estimated demand for the product which leads to the overstock of the product.
With this in mind, we can see that PlastiPharm should be worried about the excess inventory because it can lead to the degradation of the raw materials as they are overstocked.
Read more about excess inventory here:
brainly.com/question/13829106
Answer:
Professionalism.
Explanation:
Professionalism can be defined as an act which typically involves the positive behavior, conduct and attitude that are being exhibited by an employee. Thus, being a professional simply means that the person displays some level of professionalism such as being responsible, punctual, excellent, ethical, respectful, dedicated, dogged etc.
Basically, it is very important and essential for employees to act in a professional manner while performing their job functions or executing various tasks.
Hence, not showing up to work on time on a regular basis could cause your manager to question your professionalism.
Answer:
risk aversion.
Explanation:
Have you ever heard "A bird in the hand is worth two in the bush"?
It relates to safe investments or activities that yield known returns, instead of simply trying to go after more birds that you might or might not catch.
Tom knows that he can sue the title company and earn a lot of money, but he also knows that he might lose the case and instead of getting some money will have to spend a lot of his money in legal fees. Since he dislikes the risk of losing both the suit and his own money, he decided to accept the company's settlement.