In 2002, Outback Steakhouse can be considered to be in the maturity stage of the product life cycle (PLC). The maturity stage is characterized by a stable and saturated market, where the product has reached its peak level of market penetration.
This is evident from the sales figures provided, where sales have consistently increased each year since 1994, indicating a mature and well-established market position. Additionally, the growth rate of sales has slowed down compared to the earlier years, suggesting that the market is approaching its saturation point. During the maturity stage, market conditions become highly competitive, with numerous players in the industry vying for market share. In this context, it is essential for the managers of the Outback Steakhouse brand to focus on strategic initiatives to maintain their competitive edge and sustain growth. Some strategies that can be suggested include:
1. Enhancing product differentiation: Outback Steakhouse should continue to emphasize its unique Australian steakhouse concept and differentiate itself from competitors by offering high-quality food and service, generous portions, and a casual atmosphere. They can also consider introducing new menu items or innovative food offerings to attract and retain customers.
2. Expanding into new markets: While Outback Steakhouse has already ventured into international markets, there is still potential for further expansion. Managers should identify new markets with favorable demographics and consumer preferences and consider establishing more franchise or joint venture agreements to tap into these markets.
3. Strengthening customer loyalty: Implementing customer loyalty programs, offering special promotions, and providing personalized dining experiences can help cultivate customer loyalty and encourage repeat visits.
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As of 2002, Outback Steakhouse was in the maturity stage of the product life cycle (PLC) with a well-established market presence. The market conditions indicated consistent sales growth and an expansion of franchised operations both domestically and internationally.
In 2002, Outback Steakhouse was in the maturity stage of the product life cycle. The maturity stage is characterized by a well-established market presence, stable sales, and intense competition. Outback Steakhouse had experienced consistent sales growth since its inception, as shown in the sales figures provided. In terms of market conditions, Outback Steakhouse faced intense competition from other restaurant chains offering similar types of cuisine. However, its strong sales figures despite economic events like the September 11 attacks suggested a loyal customer base and resilience in the market.
For the managers of the Outback Steakhouse brand, several strategies can be suggested. Firstly, they should focus on maintaining and enhancing the brand's differentiation by consistently delivering high-quality food and service, generous portions, and a unique Australian-themed experience. Additionally, they can explore further expansion opportunities both domestically and internationally, capitalizing on the success of their franchised operations.
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John adams said that one-third of americans supported the american revolution, one-third opposed it, and the final one-third were neutral. why did two-thirds of the nation not support independence? if you had lived in the 1770s, how would you have convinced your friends and family that the american revolution was needed?
There were several reasons why two-thirds of Americans did not support independence.
Firstly, many colonists still felt a strong connection to Britain and saw themselves as loyal British subjects. Secondly, some colonists were concerned about the economic impact of independence, as trade with Britain would be disrupted. Finally, others were simply afraid of the potential violence and chaos that could result from a revolution.
If I had lived in the 1770s, I would have tried to convince my friends and family that the American Revolution was needed by emphasizing the importance of freedom and self-determination. I would have also pointed out the many ways in which Britain had mistreated the colonies, such as imposing unfair taxes and denying them representation in Parliament. Additionally, I would have highlighted the many opportunities that independence could bring, such as increased trade with other countries and the ability to make our own laws.
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a new firm enters a market that is initially serviced by a bertrand duopoly charging a price of $20. what will the new price be should the three firms coexist after the entry?
If a new firm enters a market that is initially serviced by a bertrand duopoly charging a price of $20.the new price should the three firms coexist after the entry is $20.
What is duopoly?Duopoly can be defined as the market where two companies tend to dominate the market which implies that this two companies that control of the market will tend to compete against each other.
Since the new firm charges the amount of $20 which means that the new price will as be the $20 that was charged.
Therefore the new price is $20.
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For international businesses to achieve vertical differentiation, _____. a. foreign and domestic operations should be grouped in such a way that the company effectively serves the needs of all customers b. top level managers must emphasize flexibility and openness in organizational structure c. a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers d. the global structure must allow decisions to be made in the most appropriate area of the organization
Answer:
a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers
Explanation:
Gavin has a fico score of 572. what is the minimum cash investment required for him to obtain an fha-insured loan?
If Gavin has a FICO score of 572. The minimum cash investment required in order for him to obtain an FHA loan is a. 10%
The term FHA stands for Federal Housing Administration. When qualifying for a FHA, a loan to purchase or refinance a particular home, borrowers may need to make a minimum cash down payment. Typically, 10% of total purchase price or the property's appraised value, whichever is less, is the minimum down payment required for an FHA loan.
A down payment is a common term used to describe this initial contribution which means that borrower is required to contribute at least three percent of a property's total cost out of their own money. In the given question, Gavin, who has a FICO score of 572, would need to put down a minimum of 10% of property's purchase price in cash in order to qualify for an FHA loan. By doing so, lender risk is decreased and it is ensured that the borrower has a financial stake in the property.
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Complete Question:
Gavin has a FICO score of 572. What is the minimum cash investment required in order for him to obtain an FHA loan?
a. 10%
b. 3.5%
c. 2.5%
d. 5%
Kurt's Adventures, Inc. stock is quite cyclical. In a boom economy, the stock is expected to return 30% in comparison to 12% in a normal economy and a negative 20% in a recessionary period. The probability of a recession is 15%. There is a 30% chance of a boom economy. The remainder of the time the economy will be at normal levels. What is the standard deviation of the returns on Kurt's Adventures, Inc. stock
Answer:
15.83%
Explanation:
Calculation to determine is the standard deviation of the returns on Kurt’s Adventures, Inc. stock
First step is to determine l E(r)
E(r) = (.30 *.30) + (.55 *.12) + (.15 *-.20)
E(r)= .09 + .066 -.03
E(r)= .126
Second step is to determine Var
Var = .30 *(.30 -.126)^2 + .55 *(.12 -.126)^2 + .15 *(-.20 -.126)
Var=0090828 +.0000198 + .0159414
Var= .025044
Now let determine the Std dev
Std dev = √.025044 = .15825
Std dev= 15.83 percent
Therefore the standard deviation of the returns on Kurt’s Adventures, Inc. stock.is 15.83 percent
one company is facing several decisions regarding investing and financing activities. address each decision independently. on june 30, 2024, the stone company purchased equipment from paper corporation. stone agreed to pay $15,000 on the purchase date and the balance in six annual installments of $7,000 on each june 30 beginning june 30, 2025. assuming that an interest rate of 12% properly reflects the time value of money in this situation, at what amount should stone value the equipment? stone needs to accumulate sufficient funds to pay a $450,000 debt that comes due on december 31, 2029. the company will accumulate the funds by making five equal annual deposits to an account paying 5% interest compounded annually. determine the required annual deposit if the first deposit is made on december 31, 2024. on january 1, 2024, stone leased an office building. terms of the lease require stone to make 20 annual lease payments of $125,000 beginning on january 1, 2024. a 12% interest rate is implicit in the lease agreement. at what amount should stone record the lease liability on january 1, 2024, before any lease payments are made?
$1,109,479.93 amount should stone record the lease liability on january 1, 2024, before any lease payments are made which means Present Value of Lease Liability is $1,109,479.93
Requirement 1
Equipment should be recorded at its Cash Price Equivalent. But in the absence of such, it is recorded at the present value of payments or fair value at the time of acquisition, whichever is lower.
Since Cash Price Equivalent and fair value is not available, we will use the discounted value of payments.
Annual Payments = $6,000
PV of 11% ordinary annuity for 6 periods = 4.23054
Present Value of Annual Payments = $6,000 x 4.23054 = $25,383.24
Add: Down Payment - $29,000
Present Value of Equipment = $54,383.24
Requirement 2
Future Value of Debt = $590,000
Future Value factor of 6% for 5 periods = 5.63709
Required Annual Deposits = $590,000 / 5.63709 = $104,663.93
To raise a total of $590,000, Johnstone should invest $104,663.93 annually to pay off its debt due in December 31, 2021.
Requirement 3
Lease liability are recorded at the present value of the total minimum lease payments.
Annual Payment = $139,000
Present Value factor of 11% annuity due for 15 periods = 7.98187
We use annuity due because the payments are made in advance.
Present Value of Lease Liability = $139,000 x 7.98187 = $1,109,479.93
Lease liability is recorded at its present value. An interest expense is also recognized annually for the whole life of lease.
Investments are monetary resources purchased in order to earn returns in the future or to be sold in the future for profit. The higher the investment, the higher the return is. But it also means higher risk.
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An argument can only have one premise.
True or False
Answer:
TRUE: A valid argument cannot have all true premises and a false conclusion. So if a valid argument does have a false conclusion, it cannot have all true premises. Thus at least one premise must be false. 4.
Explanation:
The computer accessories that Javier is making and
selling are bringing in a substantial amount of money
for him. Inspired by this success, he decides to hire two
people and expand his business.
A.international competition
B.consumer sovereignty
C.wealth creation
D.property rights
E.profit motive
Answer:
E. Profit motive
Explanation:
Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.
This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.
Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.
In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Thus, this is an example of profit motive.
#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
3 Do you think the conflict of interests between these different stakeholder groups could ever be resolved? Explain your answer. [10]
Answer:
t is possible to resolve conflicts of interest between groups of stakeholders using some techniques and strategies that seek to integrate stakeholders and promote agreements that benefit everyone.
Explanation:
Managing conflicts is not a simple task, so it requires substantial efforts by the entire administration to develop the best strategies for resolving conflicts. It is essential that there is an understanding of the reasons that led to the conflicts and the search for solutions that benefit the greatest possible number of stakeholders.
In a conflict situation, communication is an essential tool in the resolution, it is necessary to know how to listen to all parties and be transparent about the search for an agreement that benefits everyone. It is necessary to integrate the teams and make each one feel heard and understood with regard to conflict and claims. The search for solutions must be the main objective when resolving a conflict, when managed effectively, it is possible to eliminate the reason for the conflicts and even make the teams more motivated at work.
subaru and gm have been working together on the design for the new chevy borrego, a sporty combination of a truck and a car. subaru allowed chevy to use its all-wheel drive platform to build the vehicle, and the two car manufacturers worked together to develop the car's turbo-charged, four-cylinder engine. in this example, subaru and gm working together is an example of a:
Subaru and GM's collaboration on the Chevy Borrego, a sporty truck-car combination, is an example of a strategic alliance. Option D is corect.
A strategic alliance is a partnership between two or more companies that come together to achieve a specific goal or set of goals. In this case, Subaru and GM collaborated to design and develop the Chevy Borrego, with Subaru providing its all-wheel drive platform and working with GM to create the car's turbocharged, four-cylinder engine.
This type of collaboration allows each company to leverage their strengths and resources to achieve a common objective, in this case, to produce a high-performance vehicle that meets the needs and desires of customers. Strategic alliances can provide numerous benefits, including reduced costs, increased market share, and improved competitiveness in the global marketplace.
D is the correct option.
The complete question:
Subaru and GM have been working together on the design for the new chevy borrego, a sporty combination of a truck and a car. Subaru allowed chevy to use its all-wheel drive platform to build the vehicle, and the two car manufacturers worked together to develop the car's turbo-charged, four-cylinder engine. in this example, subaru and gm working together is an example of a:
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Suppose that the demand and supply for good X are
=60−2 +0.01+7 !"#
=−600+10 $"
Where = quantity demand; = quantity supply; =Price of X; = Average !$"
consumer income; and = Price of a related good R #
(i) Is good X normal or inferior? Explain.
(ii) Are goods X and R substitutes or complements? Explain.
(iii) Suppose that = 40,000 and = 20, what are the equilibrium price and
quantity?
(iv) What happens to equilibrium price and quantity if supply shift to:
=−360+10
The equilibrium price is therefore $25, and the equilibrium quantity is 35,000. The degree of the shift in the supply curve will determine the new equilibrium price and quantity.
I Good X is typical because demand for it is positively correlated with consumer income, meaning that as income rises, so does demand for product X.
(ii) Whether X and R are complements or substitutes depends on the sign of the coefficient of the price of the associated good R. A rise in the price of R will result in an increase in demand for X since X and R are substitutes due to the positive sign of the coefficient.
(iii) We must balance the demand and supply equations in order to determine the equilibrium price and quantity:
60−2P+0.01I+7PR = -600+10P
When we solve for P and Q, we obtain:
P = $25\sQ = 35,000
The equilibrium price is therefore $25, and the equilibrium quantity is 35,000. The degree of the shift in the supply curve will determine the new equilibrium price and quantity.
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A company has filed a registration statement with the SEC that uses a method that is only available to seasoned issuers. This registration statement is good for:
A company that filed a registration statement with the SEC, which uses method that is only available to seasoned issuers is valid for 3 years.
What is securities and exchange commission (SEC)?Securities and exchange commission refers to a government agency that is responsible for enforcing laws at the federal level inorder to protect Americas who deals in securities market.
This government agency protects:
Investors, Provides dataRegulates the marketFacilitate capital formation.Hence, a company who filed a registration statement with the SEC that uses a method that is only available to seasoned issuers. This registration statement is good for 3 years
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5. When should permissions be a part of a company's internal control process? (1
point)
Answer:
when they don't have what you want and they don't know what they are doing
Explanation:
The federal reserve can affect you through
As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
Keyanna is thinking of marketing consulting as a potential future career. Identify each task associated with consulting as either producing research or consuming research.
1. collect and analyze data, and present the results to clients
2. keep up to date on current product trends
3. look at analyses conducted by other firms, and inform clients of the findings
4.test different marketing strategies to identify the best one
Producing research involves gathering and evaluating data, as well as presenting the findings to clients.
Consuming - One activity related to consuming research is staying current on market trends. This is due to the fact that current research or data on product trends are reviewed and analyzed rather than fresh research being conducted.
Generating - A task included in producing research is testing many marketing techniques to find the most effective one. This is due to the fact that it entails performing fresh research by testing various marketing methods and assessing the outcomes to establish the most effective course of action.
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I NEED HELP ASAP!! I'll give brainliest!!
Which of the following are wants and needs:
Stock
Trade
Share
Money
Answer:
Trade and Money I think ...
What is something that will not help you get a higher credit limit?
A: Paying off the balance of the credit card each month
B: Asking the banking company for a higher limit on your credit card
C: Maxing out the credit card and only making the minimum payment each month
D: Making more money at your job (More personal income)
Maxing out the credit card and only making the minimum payment each month is something that will not help you get a higher credit limit. A credit limit is the most money you are permitted to spend on a credit card or line of credit by a lender.
If a credit card company grants you a credit limit of $2,500, that is the most you may ever have charged to the card payment . If you charge $1,900 to your card, you will have $600 left over that you can use without paying a fee or being restricted from using the card limit further.
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plssss help
what is india’s comparative advantage in global competition?
a. low cost labor
b. access to natural resources
c. production of agricultural commodities
d. open land for building growth
e. innovation and expertise in manufacturing
India's comparative advantage in the global competition will be "Low-cost labor".
Over the past couple of years, India however has preserved significant competitive advantages throughout the production of medicines as well as a variety of tradeable commodity manufactured goods.Despite the reality that the requirements for becoming a distribution center continuously improving, certain manufacturing investments are expected to somehow be untouched by technology.
Thus the above answer i.e., "option a" is the right answer.
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how do contact lists differ from an address book?
Answer:
Contact lists contain more information about a person than an address book.
~faith
Explanation:
Hope you have a great day :)
what are the function of Ware house?
Answer:
see below
Explanation:
Warehouses provide safe storage of goods in large quantities before they can be moved to other locations. Goods are stores in an orderly and systematic manner. Warehouses protect goods against adverse weather and reduce losses due to spoilage.
The major functions of a warehouse are
Storage of goodsSafe storage of goods is the primary function of a warehouse. Manufacturers use warehouse facilities to store finished goods before they can be distributed for consumption. Warehouses are also used by traders to keep goods as they wait for customers to buy.
Protecting goodsGoods in the warehouse are protected from harsh weather conditions such as heat, dust, moisture, and strong winds. Losses and damages to goods are minimal in a warehouse.
Grading and brandingSome warehouses perform value-added services such as branding and grading of products. They are done as per the manufacturers' specifications
ProcessingWarehouse perform processes like breaking bulk where goods are brought in large quantities and are repackaged and sold in smaller quantities.
What do you call a website or e-mail address that is created to look like it comes
from a legitimate source? Choose the answer.
pharming
spoofing
spyware
none of the above
Answer:
this would be called spoofing.
Spoofing is called as a website or e-mail address that is created to look like it comes from a legitimate source.
What is legitimate source?
Legitimate source is defined as according to the law, something that is legal is acceptable.
It can also be defined as the electoral register is a genuine source of information that is currently available to the public.
A reputable source is defined as the one that has been written by an expert in their field and is free of errors and bias.
A trustworthy source is defined as the one that offers a detailed, well-reasoned idea, argument, or discussion based on solid evidence.
Thus, spoofing is called as a website or e-mail address that is created to look like it comes from a legitimate source.
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_____ is a new technological design or process that becomes the accepted market standard.
Answer:
industry standard
Step-by-step:
The term you are thinking of is "industry standard." An industry standard is a set of criteria or specifications that dictate how a product or service should be designed, constructed, and used within a particular industry.
When a new technological design or process becomes widely adopted and accepted within an industry, it can become the de facto industry standard and serve as a benchmark for future products and services within that industry.
Examples of industry standards include the USB standard for computer peripherals, the Wi-Fi standard for wireless networking, and the MPEG standard for digital video compression.
Hope this helps!
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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if an investor purchases a 5%, 2-year annual coupon tips at its par value of $1,000 and the cpi increases 3% over each of the next 2 years, how many dollars in total will the investor receive over the next two years? (hint: the cpi increase rate is the inflation rate.) $
We have to calculate the amount of dollars in total the investor will receive over the next two years. As we know that the coupon payments are made every year for two years, so the total amount of dollars the investor will receive over the next two years will be equal to: $1103
In this question, we have been provided with the following details:
An investor purchases a 5%, 2-year annual coupon tips at its par value of $1,000
The cpi increases 3% over each of the next 2 years
And, we have to calculate the amount of dollars in total the investor will receive over the next two years. We will start by calculating the annual interest on the bond purchased by the investor which is given as follows:
Annual Interest = (5/100) * $1000 = $50
Now, we need to find the value of the annual interest after adjusting for inflation which is equal to
$50 * (1 + 3/100) which is $51.50.
As we know that the coupon payments are made every year for two years, so the total amount of dollars the investor will receive over the next two years will be equal to:
$51.50 (for the first year) + $51.50 (for the second year) + $1000 (par value returned at the end)=$1103
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venus corp. a high-technology, gadget-making company has introduced a gaming console with attractive features. even though the console is priced modestly and has better features than the existing ones, it has failed as many customers are apprehensive about buying it. to create demand, venus corp. should:
This entails setting specific objectives, investigating your target market, producing worthwhile content, utilizing evaluations, and utilizing influencer marketing.
An excellent first step to creating demand for your business is to set SMART goals. It takes much more than just putting your goods on the market to create demand. You must carry out research, ascertain the wants of consumers, establish yourself as an industry leader, and repeatedly demonstrate the superiority of your products. Industry experts understand that there is a lot of work to be done to spark consumers' curiosity and get their interest before, during, and after you release a new product.
You must understand that no one will pay attention to you when you try to create customer demand until you can demonstrate your value.
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i need help ASAP!!!! Generally, parties of 8 or more require many restaurants to include gratuity of 18% on the check before presenting to the guest. For a party of 12 and a total check in the amount of $191.40, what is the gratuity amount added to the check for this large party?a) $18.00 b)$34.45 c)$43.54 d)$191.40
Answer:
b)$34.45
Explanation:
Gratuity is similar to a service charge.
If the bill is $191.40, and gratitude of 18 percent will be added.
The actual gratitude amount that will be added will be equal to
18% of the $191.40 bill.
=18/100 x $191.40
=0.18 x 191.40
= $34.45
Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?
Answer:
Ad industry
Explanation:
The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.
David left $300 in an account that earns 5% interest on
the money he originally deposited. When he collected his
interest, he had earned $60 in interest. How long did he
leave the money in the account?
The amount of time that David did not touch the funds in the account is equal to four years.
Can you explain the concept of earned interest?A person who invests a certain sum of money for a predetermined length of time is entitled to receive a predetermined amount of money on a regular basis as interest on that investment.
The initial investment is equal to $300 (p).
The time, or T, equals X.
The rate of interest yield, denoted by (R), is equal to 5%.
$ 60 is equivalent to simple interest (SI).
Applying the calculation method;
SI = P×T×R/100
Transform T into the focus of the formula;
T = SI×100/P*R
T= 60×100/300×5
T= 6000/1500
T equals four years.
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Elle is in high school and wants to have job until she graduates. Which job would she be most qualified for until she graduates high school?
O Purchasing Agent
O Cashier
O Sales Agent
O Interviewer
First of all we should understand the nature of job of Purchasing Agent, Cashier, Sales Agent and an Interviewer to decide which option should Elle would be most qualified for until she graduates high school.
Who is a Purchasing Agent?The persons who buy the parts and materials that help in the production of goods are called purchasing agents or purchasers.
Buyers and purchasing agents review the history and quality of the suppliers before making the purchase. They should be qualified enough to consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.
Who is a Cashier?A cashier is a person who handles the cash register at various locations such as the point of sale in places such as shops or banks.
He is also known as teller, accountant, clerk, treasurer. Only qualified and skilled persons can perform the role of cashier.
Who is a Sales Agent?A person hired by any company to sell its products or services is known as Sales agent.
A sales agent take orders, offer services and provide support in person and via telephone or internet. This job can be done with little training and less qualification.
Who is an Interviewer?A person who conducts an interview to hire the candidates is known as Interviewer. To be an interviewer, a person needs to be well qualified with great communication skills.
So, the best role that Elle can take up until she graduates is that of a Sales Agent.
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