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  • Business
    The phrase "per diem" means "per day" or "by the day." In terms of jobs, if the position itself is "per diem" it probably means that it is not steady work. Instead, they will, at best, be hiring...

    Asked by pbrayley on via web

    1 educator answer.

  • Business
    That's quite a question you've got there! Okay, here we go, in relation to India: OLIGOPOLY: A situation where there are only a few sellers in a particular economy who control a particular...

    Asked by ruthra on via web

    1 educator answer.

  • Business
    A free market economy is driven by individual innovation and the notion that hard work and ingenuity will be rewarded by success. All businesses exist to make a profit. Therefore, in the free...

    Asked by mrright on via web

    3 educator answers.

  • Business
    Economists generally recognize three distinct types of economic system. These are 1) command economies; 2) market economies and 3) traditional economies. Each of these kinds of economies answers...

    Asked by sweet107 on via web

    2 educator answers.

  • Management Functions
    Operations management involves "overseeing, designing, controlling the process of production and redesigning business operations in the production of goods and/or services." Operations management...

    Asked by sbridges on via web

    2 educator answers.

  • Business
    The idea that management is both art and science is a truism and a kind of short hand. That is to say, a lot of people say it, and it is commonly held to be true, and it serves as a way of...

    Asked by deepak85 on via web

    3 educator answers.

  • Business
    The topics for research in finance and banking are only limited by imagination. With today’s economy at crisis level the research availability is immeasurable. Your research topic really...

    Asked by maame on via web

    2 educator answers.

  • Business
    I suppose the best one word equivalent for "marginal" is "additional." Whenever you see the word "marginal" in economics, the person who wrote it is talking about something that will be added to...

    Asked by taufiqmk on via web

    2 educator answers.

  • Business
    The best way to distinguish between these two concepts is to say that the marketing concept is more oriented towards helping the customer whereas the selling concept is more oriented towards...

    Asked by adityasrivastava86 on via web

    3 educator answers.

  • Business
    There are two main ways that globalization has affected us at the individual level. The first way is that we get a much larger variety of products available in our stores for much lower prices....

    Asked by helenamg54 on via web

    2 educator answers.

  • Business
    The similarities are as follow: Both theories confer that a specific set of needs must be met in order to propiciate behavior, and maintain it. In Manslow's theory, it is through a Hierarchy of...

    Asked by alaaaa-nader on via web

    1 educator answer.

  • Business
    There are both pros and cons of privatizing companies or businesses held by the government. Selling off a business gives the government access to instant capital which can be used elsewhere, as...

    Asked by duaamasood99x on via web

    3 educator answers.

  • Business
    Talley is an Indian information technologies company headquartered in Bangalore and with operations in the United Arab Emirates and in the East African nation of Kenya. Among its more prominent...

    Asked by bidur on via web

    3 educator answers.

  • Management
    Managers need an understanding of organizational behavior because a large part of their job has to do with exactly that. Organizational behavior is the study of how people behave while in groups...

    Asked by barbiedot on via web

    1 educator answer.

  • Goals and Goal Setting
    Although the three terms are typically used interchangeably in regular discourse, the main difference among the three is how they are set, what they will be used for, and what purpose they will...

    Asked by shewa55 on via web

    1 educator answer.

  • Business
    A pay-in slip sounds like another term for what is more commonly called a deposit slip. When a person wants to deposit checks or cash in his bank account he customarily fills out a slip to show the...

    Asked by ganpatibappa on via web

    1 educator answer.

  • Business
    Communication is important in a workplace setting because people must interact with one another in ways that will get the job done as quickly and effectively as possible and in ways that will...

    Asked by deepani on via web

    1 educator answer.

  • Business
    Social scientists talk about two aspects to people's choice to move from a rural area to an urban area. These aspects are the "push" factors and the "pull" factors. "Push" factors are those that...

    Asked by gebez on via web

    4 educator answers.

  • Business
    Business is hugely important in a country’s economy because it is the main economic engine for the country. Businesses are a very important part of the circular flow of any market economy. They...

    Asked by urji on via web

    3 educator answers.

  • Business
    There are differences between management and administration, but sometimes we refer to "manager" and "administrators" interchangeably. Strictly speaking, management involves the making of...

    Asked by shahji on via web

    1 educator answer.

  • Business
    A change in supply and a change in quantity supplied are different things. The first is shown graphically as a movement of a supply curve while the second is shown as a movement along a curve....

    Asked by sahadeo12 on via web

    1 educator answer.

  • Business
    Businesses often need short term financing when they are experiencing cash flow problems. This can happen even to businesses that are quite sound. There are a number of sources where short term...

    Asked by missmaha88 on via web

    1 educator answer.

  • Business
    Ethics is a system of moral principles. Which means that you try to do what is correct. Ethical communication encompasses being honest in all communications, keeping confidential information...

    Asked by finch on via web

    4 educator answers.

  • Business
    Managers have five basics functions. Those functions are; planning, organizing, staffing, directing, and controlling. Managers must plan, or narrow goals from their broadest to most intricate form....

    Asked by zaher on via web

    1 educator answer.

  • Business
    Some barriers will prove difficult and rather insurmountable. However, there are many ways in which communication hurdles can be overcome. One such way is by an appreciation of other cultures and...

    Asked by shhh09 on via web

    1 educator answer.

  • Business
    I believe that what is going on here is that the term capital is being used in a slightly different way than it is usually used in economics (like the way you use it in this question). In the case...

    Asked by noufalvahid on via web

    1 educator answer.

  • Business
    Discrepencies in inventory stock management refers to situations in which actual warehouse inventory or in-store inventory differs from the records of those inventories: When the expectation based...

    Asked by sseguyaabbey on via web

    2 educator answers.

  • Marketing
    The three levels of distribution intensity are intensive, selective and exclusive. Intensive Distribution Intensive distribution (also called Mass Distribution) is where a company supplies their...

    Asked by barbiedot on via web

    2 educator answers.

  • Business
    Span of management is also called span of control and refers to the organization of relationships between management and workers. Management span may be narrow or wide. Narrow span means that there...

    Asked by debu on via web

    2 educator answers.

  • Business
    The convex shape of an indifference curve is due to the idea of diminishing marginal utility. This idea states that you get less value from consuming the "next one" of a good or service than you...

    Asked by hjhghjh on via web

    1 educator answer.

  • Business
    The reason for this is that the interest rate is, essentially, the price of money. As you know from basic economics, the price of a good or service is determined by the supply of and demand for...

    Asked by rogerarnold on via web

    1 educator answer.

  • Business
    There are many uses for the sorts of internal records that are available in marketing information systems. In general, these records are meant to help a firm understand how its marketing processes...

    Asked by ironstrike on via web

    1 educator answer.

  • Business
    In its most basic terms, the Dunlop Systems Theory in Industrial Relations is about the structure and development of relationships among the three integral members of labor relations (labor,...

    Asked by ctashanna on via web

    2 educator answers.

  • Business
    The basic trade-off in entrepreneurship is the trade-off of risk against reward. The disadvantages of being an entrepreneur come in its risks. A person who becomes an entrepreneur is basically...

    Asked by cdeeneedham on via web

    3 educator answers.

  • Business
    Trade openness is a measure of economic policies that either restrict or invite trade between countries. For example, if a country sets a policy of high trade tariffs, thus restricting the...

    Asked by homas62 on via web

    2 educator answers.

  • Business
    The role of a consumer (or of consumers in general) is important in an economic system because it is consumers who demand goods and services. When they do this, they make it so that other people...

    Asked by tinablahblahmills on via web

    3 educator answers.

  • Business
    Generally, travel is related to an individual's movement from one place to another due to work, to meet family/friends for a short while or healthcare. Tourism, on the other hand, refers to the...

    Asked by yvonne29 on via web

    3 educator answers.

  • Business
    This statement implies that leadership is a matter of personality; that it is an art rather than a science. It says that a person must be born with innate characteristics that allow them to lead....

    Asked by leedzdee on via web

    3 educator answers.

  • Business
    These terms all relate to a business that sells products, and describes the organization of those products for marketing purposes. LINE: The term "product line" includes all the different things...

    Asked by heavenofdream001 on via web

    4 educator answers.

  • Business
    The above answer is mostly correct, but I would like to add a little to it to tell you WHY a firm in perfect competition can not influence the market --- WHY it must be a price taker. The major...

    Asked by poojaj82 on via web

    1 educator answer.

  • Business
    "Office automation refers to the type of computer machinery and software used to digitally create, collect, store, manipulate, and relay office information needed for accomplishing basic tasks...

    Asked by grbdatta on via web

    4 educator answers.

  • Business
    Economic cost is a more comprehensive idea that accounting costs. Accounting costs only include what economists call "explicit costs." These are the amounts that a firm actually pays out to other...

    Asked by keertiskapoor on via web

    3 educator answers.

  • Business
    Various studies over the years through to 2016 have yielded somewhat different results for the ranking of countries with market economies (or the highest degrees of market economies). In 2016, the...

    Asked by sweet107 on via web

    1 educator answer.

  • Business
    Certainly the biggest advantage of industrialization is that it eases the daily responsibilities and tasks of people by placing most of the bulk of tasks on technology and other resources....

    Asked by saneeya on via web

    4 educator answers.

  • Business
    Process strategies are interventions that are made to make the best out of a business using currently-available resources rather than outsourcing and having to spend more. It also entails higher...

    Asked by jayson94 on via web

    1 educator answer.

  • Business
    There are many ways to answer this question. Part of the reason for this is due to the fact that you need to define terms like ethics. As you probably know, ethics is a huge area of study and very...

    Asked by yanci on via web

    2 educator answers.

  • Business
    The term "global society" is used to refer to a society that is being built in modern times in which all the people of the world have a good deal in common with one another. This is arising as a...

    Asked by racm4 on via web

    3 educator answers.

  • Management
    It is important for managers to understand this aspect of the business environment because it can affect their firm and how it should be run. No business is insulated from the outside environment....

    Asked by sbridges on via web

    2 educator answers.

  • Business
    The process I personally follow when coming up with a research project topic would be to think of the variables that would be tested. This is especially with regards to the dependent and...

    Asked by johnbritto123 on via web

    4 educator answers.

  • Business
    There are many possible ways to describe the features of a bureaucracy. I will use a famous enumeration of these features put forward by Max Weber. I will examine five features of bureaucracy...

    Asked by saiks on via web

    1 educator answer.

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