The various models of oligopoly explain observed behavior in different industries, but none is satisfactory as a general theory of oligopoly because two to ten companies can compete on pricing, quantity, technological advancements, marketing, and reputation
What is General Theory of Oligopoly ?
An oligopoly refers to a market structure with few enterprises and high entry barriers. Oligopoly = A market structure with few firms and high entry barriers. Firms frequently compete fiercely, as each makes decisions on prices, volumes, and advertising in order to maximize profits.
Oligopolies may pursue a highly competitive approach, in which case they can reap benefits comparable to more competitive market structures, such as cheaper pricing. Even though there are only a few enterprises, the market may be very competitive due to their behavior.
As a result, oligopolies display the same inefficiencies as monopolies. Oligopolies never reach an efficient scale of production efficiency because the marginal cost curve contacts the marginal revenue curve before it hits the average total cost curve, and so never run at their least average total cost.
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Word count - 176 words
Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. True or false?.
Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. This statement is false.
What is Quantitative management?It should be noted that quantitative management is the use of mathematical techniques to select stocks.
Professionals may arrange and comprehend statistics using quantitative procedures, which are research approaches used to examine quantitative data. This enables them to make wise decisions. It assists managers in creating information systems that convey information about activities taking place both inside and outside the firm.
In this case, Quantitative management emphasizes the use of mathematical and computer simulation.
Therefore, the information regarding accounting is false.
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revenues should not be recognized in the accounting records when earned, but rather when cash is received.
The given statement is "Generally speaking, revenues should not be recognized in the accounting records when earned, but rather when cash is received." False:
What are accounting documents why is it crucial?Accounting records are crucial because they provide important data and supporting documentation for the preparation, validation, and audit of financial statements. They serve as evidence for both monetary and non-monetary transactions and serve to indicate ownership of assets for the purpose of creating liabilities.
What three different types of accounting records are there?Three types of accounting records are:
Income statement.Balance sheet.Statement of cash flows.What are the records of business accounting?records for accounting. Your accounting records contain all of the transactions for your company. All of the details about ones income, equity, and expenses are included in the accounting records that are required for business.
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I understand that the question you are looking for is:
T or F: As a general rule, revenues should not be recognized in the accounting records when earned, but rather when cash is received
What is a service economy? (1 point)
A service economy is an economy with lax governmental intervention in any service jobs, allowing
the service market to develop rapidly.
O A service economy is an economy with greater economic output in goods than in services.
A service economy is an economy with heavy governmental intervention in any service jobs, which
does not allow the service market to develop.
A service economy is an economy with greater economic output in services than in goods.
A service economy is an economy with greater economic output in services than in goods. The correct option is D.
What are the characteristics of a service economy?The tertiary sector dominates the service-based economy, there are many services available, there are few manufacturers, and most service-based economies are found in first-world nations.
A service economy is one where the provision of services, as opposed to the production of goods, is the main economic activity. Since services account for the majority of the country's economic growth, the United States essentially has a service-based economy.
Thus, the ideal selection is option D.
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joan evans has rented a storage locker at storage 'r' us for the past two years. she has discovered another storage locker facility nearby that is climate-controlled and only costs a few dollars more per month to rent. joan has decided to end her lease at storage 'r' us and move her things to the climate-controlled facility. the management at storage 'r' us has refused to refund joan's $35 security deposit. joan's contract provides that if she sweeps out her locker, and no damage is done, the deposit will be returned. joan has swept the locker and there is no damage in her unit. what suggestions can you give joan for resolving the dispute? a. joan should file suit in a small claims court. b. joan should file suit in a federal district court. c. joan should file suit in an appellate court.
From the case that has been presented here the advise that would be offered to Joan Evans would be for her to file suit in a small claims court.
What is meant by the term small claims court?This is the term that has to do with the type of court that all small claims about money that may just be very little sums can be made without the need for any forms of legal representation in the United States. This is the type of court that would have the person that is involved going to make all claims that would help them to get back their money from the whatever party seems to be having it.
This is what Joan would have to use based on the sum of money that she is fighting to have refunded.
Hence we can say that the From the case that has been presented here the advise that would be offered to Joan Evans would be for her to file suit in a small claims court.
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suppose that a college physics experiment goes horribly wrong and releases an electronic pulse that renders all electronic equipment in the cities of columbus, cleveland and cincinnati, ohio permanently useless. no people are hurt, and no buildings are damaged. after the accident, the wages earned by ohio workers will a. decrease because the marginal productivities of ohio workers will decrease. b. increase because the marginal productivities of ohio workers will increase. c. increase because the marginal productivities of ohio workers will decrease. d. decrease because the marginal productivities of ohio workers will increase.
After the accident, the wages earned by Ohio workers will decrease because the marginal productivity of Ohio workers will decrease. Thus the correct answer is A.
What are wages?Wages are referred to as payments received by daily workers. This payment is done on an hourly or daily basis to the blue-collar people who worked in factories or in construction sites.
The release of an electronic pulse in the city will decrease the wages earned by Ohio workers as marginal productivity of workers will decrease due to limited demand and negative impact on employees.
Therefore, option A is appropriate.
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suppose a monopolist has positive fixed costs and constant marginal costs. if the government regulates a monopoly's price to marginal cost, in the long run multiple choice the monopolist will earn a profit if atc > mc. the monopolist will exit the industry. the monopolist will earn zero profits. the monopolist will earn a profit if atc > p.
Suppose a monopolist has positive fixed costs and constant marginal costs. If the government regulates a monopoly's price to marginal cost, in the long run the monopolist will earn a profit if ATC > MC.
What does monopoly mean?
A monopolist is a person, group or company that controls an entire market for a particular good or service. Monopolists are also more likely to believe in policies that favor monopolies because they give them greater power. Monopolists have little incentive to improve their products because their customers have no choice.
What did the monopoly do?
A monopoly in American history is a large corporation that dominates an industry or sector, giving it the ability to control the prices of the goods and services it offers.
What are some examples of monopolies?
Natural gas, electricity, and other utilities are examples of natural monopolies. They exist as monopolies because the cost of entry into the industry is high and new entrants cannot offer the same services at a lower price and in comparable volumes as incumbents.
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genie meets the requirements to deduct expenses related to a home office that she maintains in the spare bedroom of her rented house. she incurred the following expenses during the year: annual cost of electricity for the entire house: $1,728. cost of repairing light fixture in the home office: $200. annual rent for the house: $24,000. the house is a total of 2,000 square feet. the home office measures 156 square feet. if genie uses the actual method of deducting expenses, what is her total home office deduction? $780 $1,500 $2,163 $2,207
In a condition where Genie maintains a home office, and incurs the expenses over her house as above, the total expenses incurred for the purpose of her home office will amount to approximately $2,207. Therefore, the option D holds true.
What is the significance of expenses?Expenses are a class of outflow, which can also be identified as the costs of enabling the operations of an organization. From the given information, it can be inferred that Genie's home office will amount to expenses as mentioned hereunder,
Expenses over the entire house = 24000 + 1728 = $25,728.
Expenses in proportion to the home office = (25728 / 2000) x 156 = $2,007;
Expenses only for home and office = 2007 + 200 = $2,207.
Therefore, the option D holds true and states regarding the significance of the expenses of Genie's home office.
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the type of industry in which an organization operates is something that managers must consider when trying to understand a situation. this is an example of
The type of industry in which an organization operates is something that managers must consider when trying to understand a situation. This is an example of a contingency. Thus, option E is correct.
What is the industry?A manager is someone who is in charge of overseeing or managing an organization.
He or she is an acting leader who assists in creating goals and assigning tasks, and he or she also displays certain leadership qualities that aid in the smooth operation of the organization.
If there are special situations appearing in a business while operating or in the market, then the managers should have a contingency plan made or have to make it on an immediate basis that would help in considering and understanding the situation on a much better level.
In some companies, there are already plans that are being made in the market. Therefore, option E is the correct option.
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The question is incomplete, the complete question is :
The type of industry in which an organization operates is something that managers must consider when trying to understand a situation. This is an example of
a. synergy.
b. a circle of causality.
c. structure.
d. a subsystem.
e. a contingency.
In the early 1890s, the average employee in the united states worked about how many hours per week?.
In the early 1890s, the average employee in the United States worked approximately 100 hours per week.
Workers are part of the workforce. While the labor force is everyone who is involved or trying to be involved in productive activities that produce goods and services. Meanwhile, workers or working residents are people who work in any field for a salary or pay.
Based on the type of activity, workers can be divided into two types, including:
Spiritual Worker (Non-physical) Spiritual or non-physical workers are workers who in their work activities use more thought processes, ideas, ideas, and so on. For example, managers, secretaries, directors, and consultants.Physical Worker (Physical) Physical or physical workers are workers who in carrying out their work activities use physical or physical energy. For example, construction workers and public transport drivers.You can learn more about Workers here brainly.com/question/13715326
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given that jacob's chocolates had owner investments of $4,000; net income during the period of $10,000; and owner withdrawals of $300 calculate the ending balance in the owner's capital account. multiple choice question. $6,300 $14,300 $13,700
Based on the owner investments, the net income and the owner withdrawals, the ending balance in the owner's capital account is $13,700
What is the ending balance in owner's capital?The ending balance in the owner's capital can be found as:
= Beginning owner investments + Net income during the period - Owner withdrawals
Solving for the ending balance gives:
= 4,000 + 10,000 - 300
= 14,000 - 300
= $13,700
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if the average price of gasoline is $3.25 per gallon in your town, and gasoline is a perfectly competitive market, explain what might happen and why in your town if the price of gas dropped to $0.50 overnight? what if it jumped to $10 per gallon overnight?
Law of Demand
Demand is inversely proportional to the price of the product if all other constraint remains constant.
a ) The price of the product will decrease and also by the law of demand when the demand will increase which cause the quantity of gasoline bought and also sold increase.
b ) It it cause in price increase, which will decrease the quantity of gasoline bought and also sold.
What is demand?
In economics, demand is the quantity of an item that customers are willing and able to purchase at various prices at a certain time and place. The link above relative price demand is sometimes referred to as the demand curve.
Therefore,
If the average price of gasoline is $3.25 per gallon in your town, and gasoline is a perfectly competitive market, explain what might happen and why in your town if the price of gas dropped to $0.50 overnight? what if it jumped to $10 per gallon overnight?
Law of Demand
Demand is inversely proportional to the price of the product if all other constraint remains constant.
a ) The price of the product will decrease and also by the law of demand when the demand will increase which cause the quantity of gasoline bought and also sold increase.
b ) It it cause in price increase, which will decrease the quantity of gasoline bought and also sold.
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risk means different things to different people, depending on the context and on how they feel about taking chances. while certainly acknowledging these different kinds of risk, we limit our attention to the risk inherent in an investment. in this context, risk is the potential variability in future cash flows.
Risk in finance refers to the degree of uncertainty and/or possible financial loss present in an investment decision.
What is risk and how it is different from return?Risk considers the possibility of a loss on your investment, whereas return is the amount of money you can earn over and above your initial outlay. In a competitive market, investments with higher risks will need to provide bigger returns in order to balance the possibility of losing money.
When you invest, you decide how to use your financial resources. Any investment-related uncertainty that has the potential to harm your financial well-being is referred to as a risk. For instance, market conditions could influence the value of your investment to increase or decrease (market risk). Investors typically seek bigger returns when investment hazards increase to make up for the increased risk.
In this context, the risk is the potential variability in future cash flows.
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stakeholders can be classified as internal to, or external to the organization. examples of external stakeholders include government agencies and professional groups. group of answer choices true false
The correct answer of external stakeholders is true.
What is External Stakeholders?
Customers, shareholders, suppliers, government organizations, and the general public are examples of external stakeholders. There are several reasons why they want the business to succeed. Customers desire to get the greatest product or service available. Additionally, they might want to see the company improving society and lessening its negative effects on the environment. Suppliers want to see a rise in the company's demand for the goods and services it offers so that they will have more customers who need its goods and services. In order to promote the economy, governments and regulatory authorities want the corporation to abide by the law, hire more people, and maintain sound financial practices.
Stakeholders can be classified as internal to, or external to the organization. Examples of external stakeholders include government agencies and professional groups.
Hence the given statement is true.
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when compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions
When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.
What is the significance of country of origin principle?The country of origin principle is an important feature of leading parts of Union law. It is also known as home country control, country of origin rule, and country of origin principle.
The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.
Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.
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karen just bought and closed on a new home that cost $195,000. her mortgage amount is $165,500. how much is the intangible recording tax on karen’s property?
$496.50 is the intangible recording tax on Karen's property.
$496.50 $165,500 ÷ $500 = $331
$331 x $1.50 = $496.50
Karen just bought and closed on a new home that cost $195,000. her mortgage amount is $165,500. $496.50 is the intangible recording tax on Karen's property.
What is the Tax?A government typically levies taxes on its citizens, including individuals and corporations, to help pay for public goods and services as well as to develop and maintain the nation's infrastructure. All those who live in the economy benefit from the tax revenue that is collected.
Income taxes are levied on money that a taxpayer receives in one form or another in the US and many other nations around the world. The funding may come from a salary, capital gains from rising investments, dividends or interest received as additional income, purchases of products and services, and so forth.
A tax demands that a portion of the taxpayer's income or funds be withheld and given to the government. Tax evasion, or the willful refusal to pay one's full tax obligations, is against the law and is punished by fines and imprisonment. Payment of taxes at rates set by the government is required. On the other hand, it is quite permissible to employ tax avoidance measures in order to reduce your tax liability and increase your after-tax income.
Thus, $496.50 is the intangible recording tax on Karen's property.
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what type of decision is the following: which employee should we let go home since business is slow?
Operational decisions are which employee should we let go home since business is slow.
What is the difference between operational and strategic?Strategic management places an emphasis on the company's future and extends a three- to the five-year business plan. However, operational management emphasizes short-term strategies and implementation techniques. Operational management allows leaders to make plans that look up to a year into the future of the organization.
Specific business decisions are made daily within any business which are referred to as operational decisions. There are millions of these taken, and there are countless varieties. Operational decisions are used in everyday business to manage daily operations by many employees.
The planning, analysis, and execution of a company's operations are all guided by its operations strategy.
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the december 31, 2021, balance sheet of justin’s golf shop, incorporated, showed current assets of $1,125 and current liabilities of $925. the december 31, 2022, balance sheet showed current assets of $1,340 and current liabilities of $1,015. what was the company's 2022 change in net working capital, or nwc?
The company's 2022 change in net working capital or nwc is $125
What is net working capital?
The net working capital of the company in each year is the current assets minus the current liabilities, however, the requirement, in this case, is to determine the net working capital in each year so as to determine the change over the two years, which means that we would compute the net working capital in years 2021 and 2022 first and foremost, then we proceed to determine the change in net working capital, the excess of 2022 net working capital over that of 2021 as shown below:
net working capital in 2021=$1,125-$925
net working capital in 2021=$200
net working capital in 2022=$1,340-$1015
net working capital in 2022=$325
change in net working capital=$325-$200
change in net working capital=$125
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1.
50% of college students are spending up to $20 everytime they dine out.
Based on this number, do you think it's good for your budget to dine out
3x a week? Explain your reasoning.
|
I
Answer:
yes but also no because $60 a week is kinda alot of money for a college student who might not have a job but it is their choice and it depends if they make money
when a researcher does not have much knowledge about a market or needs newer or more recent information, the more likely he or she will conduct .
When a researcher does not have much knowledge about a market or needs newer or more recent information, the more likely he or she will conduct exploratory research.
Who is a researcher?A researcher can be defined as someone that collect data or information from a group of population so as to draw or reach a conclusion after evaluating and analyzing the data collected.
Exploratory research on the other hand has to do conducting a research so as to examine or investigate a problem that is yet to be solved.
Therefore when a researcher does not have much knowledge about a market or needs newer or more recent information, the more likely he or she will conduct exploratory research.
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based on the needs analysis you have completed, as well as the specific goals of your project, what are some key indicators that will help you evaluate success? why is this kind of pre-assessment valuable to leaders? to your project? this question will help you create the survey that due in this topic.
An achievement thing is any information, ability, trait, motive, mindset, fee, or some other personal characteristic that is critical daily carrying out the task or role and that differentiates solid from superior overall performance.
Pre-assessment is valuable a way for teachers day-to-day gather key facts about what students know and are able to do previous to practice, in addition to what scholarly pursuits and studying patterns are. Pre-assessments may be paper and pencil duties or performance-day-to-day.
They can show a pupil's stage of expertise before and after instruction, even whilst practice continues to be occurring. comparing p pre-assessment valuable permits instructors day-to-day song student improvement from one elegance every day to the subsequent, between subjects.
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The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, is known as.
what is the pv of receiving 2,000/year starting in 3 years going for 16 years if the discount rate is 11%?
The Present Value (PV) of receiving 2,000/year starting in 3 years going for 16 years if the discount rate is 11%. The present value is $1462.38
Present Value
The value of an anticipated income stream as of the valuation date is known as the present value (PV), commonly referred to as the present discounted value (PDV), in economics and finance. Because money has the ability to earn interest, a quality known as the time value of money, the present value is often less than the future value, with the exception of periods of zero- or negative interest rates, when the present value will be equal to or greater than the future value. "A dollar today is worth more than a dollar tomorrow" is a condensed way to explain time value. 'Worth more' in this context denotes that its value exceeds that of tomorrow.
Amount received each year (P) = $2,000
Deferred period (t) = 3
Number of years amount received (n) = 16
Discount rate (r) = 12%
Present Value of annuity= [tex]P\times\frac{1-(1+r) ^ -n}{(1+r)^t\times r}[/tex]
=[tex]$2000\times\frac{1-(1+0.11)^-16}{(1+0.11)^3\times0.11}[/tex]
= $1462.38
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control procedures such as counterbalancing are designed to maximize internal validity by eliminating: extraneous variables
An extraneous variable is any variable that you're no longer investigating that may potentially have an effect on the based variable of your research study. A confounding variable is a type of extraneous variable that not only affects the dependent variable but is likewise associated with the independent variable.
Essentially, an extraneous variable is any aspect that can affect a test's based variables, which might be the managed situations. in view that unexpected variables can trade a test's interpretation and consequences, it's essential to discover ways to control them.
Extraneous variables must be managed if possible. One way to govern extraneous variables is with random sampling. Random sampling does not take away any extraneous variable, it only ensures it's miles identical among all organizations.
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What is one pitfall of instant messaging? question 20 options: it's easy to get a quick response. it's easy to hit send before really thinking about what you wrote. it takes too long to send. it takes too long to get a response to your message.
Answer:
a
Explanation:
in this presentation, you need to appraise this new casino development on behalf of a client, indicating whether your client supports - or does not support - the new casino development.
Dream Las Vegas is predicted to price around $550 million and is slated to open in late 2024. The south edge of the Strip is ready to get a new lodge. builders of Dream Las Vegas are scheduled to preserve a ceremonial groundbreaking Friday for the 531-room online casino-hotel on Las Vegas boulevard just south of Russell street.
Motels global Las Vegas is the primary new mega-lodge and online casino at the Strip in over a decade, with hotels world Las Vegas opened simply over a year ago past due June 2021, whilst journey to Las Vegas became nevertheless at a virus-triggered trickle., the Las Vegas housing market is expected to remain hot until the end of the year.
Downtown's latest casino, Circa Las Vegas, opened on October 28, 2020, becoming the first ultra-modern casino to open in Las Vegas since the Cosmopolitan in 2010. Gila River online casino Santan Mountain can be a new Gila River online casino constructed south of Chandler, Arizona close to Gilbert street and Hunt toll road. The casino has been approved by the kingdom for slot machines, desk video games, and a sportsbook.
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The 5 Well-Being domains are Physical, Intellectual, Social, Emotional, and Financial
These are the 5 well-being domains of life Physical, Intellectual, Social, Emotional, and Financial.
What is Intellectual?Intellectual is a quality of human, this is the quality that represents the goods and healthy mind of a person. This helps the individual greatly in life.
Physical is also a quality of a person that represents the physical fitness of a person.
Social quality or domain refers to the influencing power and the interpersonal skills that the individual possess.
Emotional is the the domain that is developed through the birth of a child, the emotional bonds that are created and shared by the loved ones is the emotional domain.
Financial domain is the skill of being good with numbers, this financial domain leads an individual to secure a job in the finance department.
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according to the bureau of labor statistics, indicated there will be a shortage of engineers by 2026 by 1.2 million
The Bureau of Labor records shows that by way of 2026, the shortage of engineers within the US will exceed 1.2M. As machine learning technologies unexpectedly grow, and 92% of companies boom their cloud workloads, the IT skills shortage maintains increasing.
The Bureau of labor information is a unit of the USA branch of hard work. it's miles the primary reality-finding organization for the U.S. government in the huge discipline of hard work economics and data and serves as a main agency of the U.S. Federal Statistical System.
The Bureau of labor statistics measures hard work market interest, working conditions, rate adjustments, and productivity in the U.S. financial system to guide public and personal decision-making.
The statistical reliability of the BLS salary statistics is ok for maximum metropolitan and non-metropolitan regions (as a minimum of 90 percent of areas). For a small percentage of regions, the BLS information is not as reliable.
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the sap erp software module records all financial transactions in the general ledger accounts and generates financial statements for external reporting.
The saps ERP financial accounting software module records all financial transactions in the general ledger accounts and generates financial statements for external reporting.
What is software?A computer's operating system and various activities are carried out by a program, which is a compilation of instructions, data, or applications called software.
The sap ERP financial accounting software module accurately tracks cash flow, fixed assets, and productivity against budgets while also recording all financial transactions in the general ledger accounts and producing financial statements for external reporting.
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The complete question is
The SAP ERP ____ software module records all financial transactions in the general ledger accounts and generates financial statements for external reporting.
jeremy has focused on developing his listening skills and using his firm's new intranet technology to better convey information. on which of the employability skills is jeremy focusing?
Jeremy has focused on developing his listening skills and using his firm's new intranet technology to better convey information. Jeremy is focusing on the employability skills of communication.
Communication is an essential employability trait in today’s fast-paced and interconnected world. It consists in the capacity to exchange information with other people through various mediums, ranging from direct conversations, to the written form, to even televised form such as the TV ads.
Open and genuine communication in the workplace is key to fostering a healthy work culture. It is a top trait of the team player. Managers need to be effective communicators to ensure employees are committed to the organization’s values and understand their specific responsibilities. Communication is essential to concluding beneficial partnerships and expanding one’s consumer bases.
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members can pay their monthly premium at the register of cvs retail locations. select one: true false
Yes , as a ACA individual member , you can make cash , Credit and debit card premium , payments at any CVS pharmacy retail location no extra cost to you
It is absolutely correct to mention that members have an option that they can pay their monthly premium at the register of CVS retail locations. Therefore, the statement given above holds true.
What is the significance of a CVS retail?A CVS retail center can be referred to or considered as a public facility center that allows small utility for customers. This facility is of great utility for the people who cannot afford to got to distant locations for small tasks. These centers are located across the wide network in the United States.
The utility behind a CVS retail store is that it can be used to make bill checks, order pharmacies, and also pay the monthly premium of different insurances or categories notified under the regulations without incurring any extra costs in the form of agent commissions for the customers.
Therefore, the statement aforementioned regarding the significance of a CVS retail holds true.
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