When putting together a Weighted-Point Evaluation System, a company put together the following list of weights:
Safety = 0.33
Sustainability = 0.13
Quality = 0.19
Delivery = 0.24
Cost = ?
What should be the weight for "Cost" for this to be a valid Weighting Scheme?
Answers
Safety = 0.33; Sustainability = 0.13; Quality = 0.19; Delivery = 0.24
To make the Weighted-Point Evaluation System a valid Weighting Scheme, the weight for "Cost" should be 0.11.
A weighted point evaluation system is a tool utilized by various organizations, businesses, and companies to assess the relative significance of each critical criterion in the decision-making process, as well as to simplify the decision-making process. A weighted point system is a decision-making technique in which each criterion's significance or weight is determined by a specified percentage or number of points, and each alternative is evaluated based on that criterion.
When putting together a Weighted-Point Evaluation System, a company put together the following list of weights:
Safety = 0.33
Sustainability = 0.13
Quality = 0.19
Delivery = 0.24
Cost = ?
For this Weighted-Point Evaluation System to be valid, the sum of all of the weights must be 1, or 100 percent. To figure out the weight of cost, we must first add up the weights of all the criteria to see how much weight has already been assigned:
Safety + Sustainability + Quality + Delivery = 0.33 + 0.13 + 0.19 + 0.24 = 0.89
The sum of the weights assigned for safety, sustainability, quality, and delivery is 0.89. As a result, the weight of cost can be determined as follows:
Weight of Cost = 1 - Weight of other criteria
Weight of Cost = 1 - 0.89
Weight of Cost = 0.11
Therefore, the weight for "Cost" for this to be a valid Weighting Scheme should be 0.11.
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Related Questions
Which of the following are ways that organizational structure determines your role as a project manager? Select all that apply.
Organizational structure determines your career growth Organizational structure determines where you fit in Organizational structure determines how frequently to communicate Organizational structure determines who you should communicate with
Answers
Organizational structure determines where you fit in and organizational structure determines who you should communicate with are the two ways that organizational structure determines your role as a project manager.
The framework of an organization's lines of authority and decision-making processes is known as organizational structure. The person in charge of the project is the project manager. It is the project manager's responsibility to organize and oversee all aspects of the project. The organizational structure of the company has an impact on the project manager's position in a variety of ways.
The following are the ways that organizational structure determines your role as a project manager:
Organizational structure determines where you fit in: As a project manager, you must first understand where you fit into the organization. You must know your chain of command and whom you report to. You should also understand how to interact with other departments in the organization.
Organizational structure determines who you should communicate with: As a project manager, you must communicate with the proper stakeholders. You must first identify the stakeholders and assess their level of interest, power, and influence in the project. You must also determine how frequently to communicate with each stakeholder. The organizational structure determines who you should communicate with and how frequently to do so.
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After submitting a résumé electronically, how long should you wait before following up with an employer? a. 1-2 days b. 1-2 weeks c. 2-3 days d. 4-5 days Please select the best answer from the choices provided A B C D.
Answers
A resume is brief information of a person’s education, previous experience, and qualifications to send along with job application. After the submission of the resume by the person through the mail, he should hold for at least 1 week before following up with the employer.
Submitting a résumé electronically
Correct option is C.
People should you wait for at least "2-3 days" before following up with an employer.
After submitting a resume by mail, you should wait one week before following up with an employer. It is necessary to give ample time for the resume to make it in the mail and a chance for the company or individual to review your resume. It typically takes 2-3 business days for an item to travel by mail so calling 1 day later or 2-3 is likely too soon whereas, 2 weeks may be too long.Learn more about résumé, refer to the link:
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Answer:
The correct answer will be c
Explanation:
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Most state and local income taxes are either... (insert big wrinkle response here).
A. Progressive or flat
B. Regressive or flat
C. Progressive or regressive
Answers
Answer:
Progressive or Flat
Explanation:
I'm pretty sure that is the answer but I am not 100% sure so if it is incorrect i am sorry hope it was helpful!!!
At the majority of state and local level, the income tax rates are usually a progressive or Flat rate.
What is an income tax?This is a form of taxation that is imposed on the income earned by the citizen of a local county, state, country etc
The progressive tax is used based on peoople ability to pay while the flat rate means a general rate for all level of earners.
Therefore, the Option A is correct.
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Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
Answers
Answer:
$197,263.7
Explanation:
The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,
the interest rate will be -6%
The formula for compound interest is FV = PV × (1+r)^n
in this case
FV= current value
PV= $237,500
r= -6% or -0.06%
n= 3 years
Fv= $237, 500 x ( 1 + (-0.06)^3
Fv=$237,500 x (0.94)^3
Fv= $237,500 x 0.830584
Fv= $197,263.7
The current value =$197,263.7
earlier purchasers tend to be innovators, who like to take risks. true false
Answers
Answer:
true
Explanation:
Risks are compulsory for human but most people tend to run away from it.for you to be successful in anything you do you have to take risk
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Today, it is stressed even more that companies go beyond just making a profit and take into consideration the environment and philanthropic initiatives. This is known as practicing ______. Multiple choice question. association economies of scale whistle-blowing corporate social responsibility benchmarking
Answers
The practice of firm taking into consideration the environment and philanthropic initiatives is known as corporate social responsibility.
Corporate social responsibility is basically the policies undertaken by firms which is intended to have a positive influence on the environment around them..
The reason for the Corporate social responsibility policy is to allow the firm pursue other pro-social objectives in addition to maximization of profits.
Some examples of Corporate social responsibility objectives include:
Donation to charity.Efforts to minimize environmental externalities.Promotion of volunteerism among company employees.Therefore, the practice of Corporate social responsibility is when firms take into consideration the environment and philanthropic initiatives which is beyond the primary objective of profit-making.
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is mary kay a global brand? why or why not?
Answers
Yes, Mary Kay is considered a global brand. Mary Kay is a cosmetics and beauty company that operates in numerous countries around the world.
It has a significant presence and market share in various international markets. The company has expanded its operations beyond its home market (the United States) and has established a global distribution network.
Mary Kay's global presence is evident through its international subsidiaries, consultants, and customers in different countries. The company has successfully adapted its products, marketing strategies, and business model to cater to diverse cultural preferences and market demands.
Furthermore, Mary Kay's global expansion efforts are supported by localized marketing campaigns, multilingual customer support, and region-specific product offerings. The brand has also gained recognition and acceptance in multiple countries, reflecting its global reach and influence.
In summary, Mary Kay's widespread presence, international operations, and adaptation to diverse markets make it a global brand in the cosmetics and beauty industry.
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what class is the most important in middle school?
A. History/Social Studies
B. Gym
C. Career
D. Health
E. Math
F. English
G. Science
H. Foreign Language Class(es)
Answers
Answer:
first,E then F then G then C and yea
Explanation:
Please help....
48 ABM students were included in the entrance interview of college. 3/4 of them decides to take Accountancy. If 1/4 of the remaining students opted for Entrepreneurship and the rest will take management courses, how many students will take each course?
Answers
Answer:
ok so started with 48 total students then 3/4 takes accountancy so you do 48×3/4 which is 36 so 36 take accountancy leaving 12 students left then 1/4 do entrepreneur so 12×1/4 so 3 students take Entrepreneur leaving 9 students left to take management cources
36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.
Given that,
There are 48 students involved in the entrance interview.Three-fourth take accountancy i.e. (3 ÷ 4 × 48) = 36One-fourth of the remaining opted for Entrepreneurship i.e. (48 - 36) × 1 ÷ 4 = 3And, the remaining take the management courses i.e. (48 - 36 - 3) = 9.Therefore we can conclude that 36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.
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determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now if the annual discount rate is 4 percent.
Answers
The present value of the investment is $5,658.29.
The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.
Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62
Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67
Sum of the discounted cash flows = $2,773.67 + $2,884.62 = $5,658.29
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Which of the following is not one of the three basic economic questions that must be answered in an economy?
a. For whom to produce?
b. How to produce?
c. What to produce?
d. What happens when you add to or subtract from a current situation?
Answers
What happens when you add to or subtract from a current situation is not one of the three basic economic questions
Any mechanism for distributing limited resources qualifies as an economic system. There are three vital questions that economists focus on. These questions are:
1. What types of products and services should be created to satisfy consumer demand? ( What to produce)
It is evident that a nation cannot create everything due to resource limitations. Consequently, a crucial question is what to manufacture.
2. Who should manufacture them and how should they be produced? (How to produce?)
It deals with deciding which economic production strategy to use and how to create.
3. To whom should goods and services be provided? ( For whom to produce?)
Since one cannot satisfy everyone, choosing the final consumers makes the production process very straightforward.
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Tax Structure 1
Family
A
B
C
Income
$10,000
$50,000
$100,000
Tax amount
2,000
2,000
2,000
% of income paid as
tax
[a]
[b]
[C]
Answers
The percentage of income paid as tax for A is 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
What is tax?A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
The percentage of income paid as tax for A is:
= 2000/10000 × 100
= 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
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When you start a new job, you receive a form that you use to prove that you are eligible to work in the U.S. What is this form?
Answers
I believe it's a Work Permit.
A card game is being played and the 5 of spades, 9 of spades, 10 of spades, and 10 of hearts are drawn from a single deck. In order to win, the next card the player draws from the deck must be higher than the highest card already drawn. What is the probability that the next card the player draws is a winning card? (An ace is considered to have a value of 1 and jacks, queens, and kings have a value of 10.) Hint: A deck has 52 cards, 4 suits, and each suit has A, 2, 3, 4, 5, 6, 7, 8, 9, 10, J, Q, K.
Answers
The likelihood that the following card will be higher than the previous highest card (5 of spades, 9 of spades, 10 of spades, and 10 of hearts) is 20/47, or roughly 42.55%.
How likely is it that you'll get a heart and a spade?A standard deck of cards contains 52 cards. There are 13 hearts and 13 spades. Therefore, there is a 50/50 probability of receiving a heart or a spade.
What percentage of a 52-card deck are spades?Each of the four suits—Clubs, Hearts, Diamonds, and Spades—has 13 cards, for a total of four suits. Hearts and diamonds are red; spades and clubs are both black.
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what is the formula for activity ratio
Answers
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Explanation:
Please mark me brainliest
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?
Answers
Answer:
Explanation:
I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.
To figure out the total annual premium:
If the employer pays 80%, then the employee pays 20% (100%-80%).
Total Premium x .20% = 5.35
Total Premium = 5.35/.2 (20%)
Total Premium = 26.75 per week
Total annual premium is 26.75 x 52 weeks = 1,391
‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20
Why do you think economists have different belief systems/theories on economics?
Answers
Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.
Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.
By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.
By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.
Explanation:
In modern society, stratification is usually determined by income and other forms of wealth, such as stocks and bonds. Group of answer choices False True
Answers
According to socio-economic theory, it is TRUE that in modern society, stratification is usually determined by income and other forms of wealth, such as stocks and bonds.
This implies that people are mostly rated, valued, and accorded based on their material possession.
It is through material wealth that society is divided into the upper class, middle class, and lower class.
However, it should also be noted that power and prestige are also significant factors in stratification, as can be observed by the value placed on political officeholders.
Hence, in this case, it is concluded that the correct answer is "True."
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Which type of bankruptcy is when a person sells all their assets to eliminate their debt? Chapter 6 Chapter 7 Chapter 11 Chapter 13
Answers
The type of bankruptcy which occur wheen is when a person sells all their assets to eliminate their debt is Chapter 7.
What is Chapter 7 bankruptcy?Chapter 7 bankruptcy can be described as the “liquidation” bankruptcy. Businesses going through this type of bankruptcy are past the stage of reorganization and must sell off assets to pay their creditors.
It should be noted that the process works much the same for individuals however the Bankruptcy do make people who can no longer pay their debts get a fresh start by liquidating assets so that they can attend to their debts or by creating a repayment plan, in conclusion Bankruptcy laws also protect financially troubled businesses. This section explains the bankruptcy process and laws.
Therefore, option C is correct.
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Answer: it is c took the assesment and got it right
Explanation: im him
Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries
Answers
The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.
Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.
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who is ur top 3 favorite presidents
Answers
Answer:
George Washingto, Abraham Lincol, joe Biden
Explanation:
If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are . If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are . Triple Sevens is debating decreasing the price of its rooms to $175 per night. Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
Answers
Answer:
Some numbers are missing, so I looked for similar questions:
If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 350 rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are .
income elasticity of demand = % change in quantity demanded / % change in income
income elasticity of demand = 16.7% / 10% = 1.67, since it is positive, then they are normal goods, and since their IED ≥ 1, they can also be considered luxury goods.
If IED is negative, that means that a good is an inferior good, since the more you earn, the less you consume.
If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 200 rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are .
Cross price elasticity of demand = % change in quantity demanded of Triple Sevens hotel rooms / % change in price of Exhilaration hotel rooms
Cross price elasticity of demand = -33.33 / -10% = 3.33
Triple Sevens hotel and Exhilaration hotel are substitutes since their cross price elasticity is positive.
Triple Sevens is debating decreasing the price of its rooms to $175 per night (from $200). Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
original revenue before change in price = $200 x 150 rooms = $30,000
revenue after decreasing price = $175 x (150 x 1.1667) = $175 x 175 rooms = $30,625
total revenues will increase by $625, this happens because Triple Sevens hotel is operating on the elastic portion of the demand curve.
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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the four types of it system maintenance also apply to other industries. suppose you were in charge of aircraft maintenance for a small airline. what would be a specific example of each type of maintenance?
Answers
By performing these four types of maintenance, a small airline can ensure the safety and reliability of its aircraft, comply with industry regulations, and optimize overall operations.
What are the four types?The four types of IT system maintenance also apply to aircraft maintenance for a small airline. Here are specific examples of each type of maintenance:
1. Corrective Maintenance: Corrective maintenance involves identifying and fixing issues that have already occurred. In the context of aircraft maintenance, a specific example would be repairing a malfunctioning landing gear after a pilot reports difficulty extending it during a flight.
2. Preventive Maintenance: Preventive maintenance aims to reduce the likelihood of future issues by routinely checking and servicing equipment. For aircraft maintenance, a specific example would be regularly inspecting and replacing the engine's air filters to ensure optimal performance and prevent engine failures.
3. Adaptive Maintenance: Adaptive maintenance involves making changes to systems to cope with new requirements or circumstances. In aircraft maintenance, a specific example would be modifying an airplane's software systems to comply with new aviation regulations or air traffic control procedures.
4. Perfective Maintenance: Perfective maintenance focuses on improving the performance and efficiency of systems. In the context of aircraft maintenance, a specific example would be upgrading the airplane's navigation system to a more advanced and accurate model, enhancing the overall safety and efficiency of flights.
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when an increase in government purchases increases the income of some people, and those people spend some of that increase in income on additional consumer goods, we have seen a demonstration of
Answers
The crowding-out effect has been demonstrated when an increase in government spending raises certain people's income and those people then spend a portion of that money on more consumer items. The Marginal Propensity to Consume or MPC is highlighted by this.
Describe MPC.
The percentage of an overall pay increase that a consumer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.
Keynesian macroeconomic theory includes a concept known as marginal propensity to consume, which is calculated as the change in consumption divided by the change in income. A consumption line represents MPC.
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Match (by number) each regulatory agency with its description: Regulatory Agency Federal Reserve FDIC Office of Thrift Supervision Comptroller of the Currency SEC Description 1. 2. Examines the books of savings and loan associations and imposes restrictions on assets they can hold. Charters and examines the books of federally chartered commercial banks and imposes restrictions on assets they can hold. 3. Examines the books of commercial banks that are members of the Federal Reserve System and sets reserve requirements for all banks. 4. Provides insurance of at $250,000 for each depositor at a bank, examines the books of insured banks, and imposes restrictions on assets they can hold. 5. Requires disclosure of information of financial instruments traded in organized exchanges. 6. Regulates procedures for trading in futures markets.
Answers
Office of Thrift Supervision, Comptroller of the Currency, Federal Reserve, FDIC, SEC (Securities and Exchange Commission), Regulatory Agency.
Office of Thrift Supervision: Examines the books of savings and loan associations and imposes restrictions on assets they can hold.Comptroller of the Currency: Charters and examines the books of federally chartered commercial banks and imposes restrictions on assets they can hold.Federal Reserve: Examines the books of commercial banks that are members of the Federal Reserve System and sets reserve requirements for all banks.FDIC (Federal Deposit Insurance Corporation): Provides insurance of at $250,000 for each depositor at a bank, examines the books of insured banks, and imposes restrictions on assets they can hold.SEC (Securities and Exchange Commission): Requires disclosure of information on financial instruments traded in organized exchanges.Regulatory Agency: Regulates procedures for trading in futures markets.To know more about Exchange Commission, here
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what kinds of information does your customer service team likely need included in each persona?
Answers
Great question! When it comes to creating personas, your customer service team will need to gather a range of information to ensure they can deliver the best possible customer service experience. This information may include demographic details, such as age, gender, and location, as well as psychographic data, like interests and preferences.
Additionally, your customer service team may need to know about each persona's needs and pain points, as well as their communication preferences and behavior patterns. By gathering this information, your team can tailor their customer service interactions to each persona, making sure that they are providing personalized and effective support.
In order to provide effective customer service, the team likely needs the following information included in each persona: demographics, communication preferences, pain points, goals, and buying behaviors. This information helps tailor the service approach to better address each persona's unique needs and expectations.
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Elsie sold her car to a Carlson who responded to her online ad. Carlson paid Elsie with a cashier's check. Two days later, Elsie went to the store to cash the check. She was shocked when the bank teller said that the cashier check was fake.
Answers
Elsie is a victim of counterfeit cashier's checks. Before finalizing the sale, she should think about bringing a legal lawsuit against Carlson and verify the validity of the check.
What happens if a fraud check is checked?When a check is discovered to be fraudulent, your bank account will often be debited for the amount. Even worse, the bank might charge you extra money to process a bogus check. Any money i sent to the con artist will be lost.
The severity of check frauds.Check fraud misdemeanor offenses often carry criminal fines and up to a year of prison. Depending on the severity of the act and the applicable state legislation, felony charges can carry fines of thousands of dollars and jail terms of up to several years.
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what is the opportunity cost of purchasing a new video game console?
Answers
The opportunity cost of purchasing a new video game console is the value of the next best alternative that is foregone.
Opportunity cost is a term that is commonly used in economics. Opportunity cost refers to the expense of not choosing the next best alternative for the expense of the item or activity selected. Opportunity cost is always about the option that was not chosen, rather than the one that was chosen. To put it another way, opportunity cost is the value of the next best alternative that is foregone.
If you purchase a new video game console, the opportunity cost may be the expense of the next best alternative. The opportunity cost, for example, might be buying new books or taking a trip. Since money is limited, the cost of not being able to do or buy anything else with that money becomes the opportunity cost. The next best option that the consumer could have chosen but chose not to, owing to the constraints on their resources, is the opportunity cost.
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