What is an approach for service firms trying to accelerate the creation of their own expert performers

Answers

Answer 1

Answer:

Encourage novice and expert interaction.

Explanation:

The apparent approach for service firms trying to accelerate the creation of their expert performers is to "Encourage novice and expert interaction."

This is because as both the novice and expert interact often or on daily basis, the novice quickly learns from the experts, both in terms of thinking, solving situational problems, applying a methodical approach, and following the conduct of the experts seamlessly.

Hence, the novice rapidly develops into an expert performer within a very short possible amount of time.


Related Questions

S. Lawyer performed legal services for E. Corp. Due to a cash shortage, an agreement was reached whereby E. Corp. would pay S. Lawyer a legal fee of approximately $15,000 by issuing 8,000 shares of its common stock (par $1). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $1.80 per share. Given this information, the best journal entry for E. Corp. to record for this transaction is

Answers

Answer: C.Legal Expense 14,400 Common Stock 8,000 Paid-in Capital in Excess of Par - Common 6,400

Explanation:

With the information given in the question, the journal entry for E. Corp. to record for this transaction will go thus:

Debit Legal expense $14400

Credit Common stock $8000

Credit Paid-in Capital in Excess of Par - Common $6400

Note that Paid-in Capital in Excess of Par - Common was calculated as:

= 8000(1.80 - 1.00)

= 6400

Which section of a business plan gives details about a business’s core products and services?
The section of a business plan talks about a business’s core products and services, and their features and benefits to the consumers.

Answers

Answer:

Executive summary.

Explanation:

A business plan can be defined as a formally written document that comprises of the financial and operational objectives (plans) of a business firm.

Basically, a business plan is a roadmap or guide that outline the goals of a business, methods on how to achieve those goals, and the timeframe required to achieve those goals.

A business plan should be written in such a way that it comprises of all the important informations that an investor looks out for, in order to convince him or her to invest money in the business. Thus, the main section (contents) of a business plan include the following;

I. Title page.

II. Market analysis and competition.

III. Industry overview.

IV. Operating plan.

V. Sales and marketing plan.

VI. Financial plan.

VII. Management plan.

VIII. Appendices and exhibits.

IX. Executive summary.

The executive summary section of a business plan talks about a business’s core products and services, and their features and benefits to the consumers. Thus, the executive summary is the most important section of a business plan because it provides a concise summary of the business and it's the first section to be seen by an investor.

How do I speak The language of Ayapaneco because I need it to communicate with my fish so i can teach them how to swim

Answers

Explanation:

!-"-$-$+(_(_(_+_++_+_+_+_+_++_+_+_+_+

This is the answer.

Hope it helps!!!

Classical economist David Hume observed that as the money supply expanded after gold discoveries it took some time for prices to rise and in the meantime the economy enjoyed higher employment and production. This is inconsistent with monetary neutrality because monetary neutrality would mean that a. the prices should have risen, but production should not have changed. b. neither prices nor production should have risen. c. production should have risen, but prices should not have. d. the prices and production should both have fallen.

Answers

Answer:

a. the prices should have risen, but production should not have changed.

Explanation:

In the case when the money supply is expanded after considering the discoveries of gold so here the prices are increased due to which the economy as the higher employment and the production level. But it is not consistent with the monetary neutrality as the prices are increased but the production level remain same or unchanged

What is NOT an aspect of agile and dynamic business processes? a) Developed to assist in incremental process improvement d) Change requires significant redesign work e) Quick to support shifting business requirements c) Allows for firms to take advantage of the newest innovations b) Relies on an advanced degree of information technologies

Answers

Answer:

d) Change requires significant redesign work

Explanation:

It is correct to say that work redesign is not an aspect of agile and dynamic business processes, as it is a process of molding work functions, which can occur gradually according to new technologies and internal and external changes of the organizational environment.

The work redesign will reorganize the work in an organization, which can be a positive point that helps the company to update itself on the best practices and work processes, but it requires constant efforts by the organization in relation to training and adaptation of employees, which can be a long process for organizations.

based on the diminishing returns to specialization, it is more realistic to assume that the units of resources required to produce one unit will

Answers

Answer:

decrease.

Explanation:

Diminishing returns to specialization is when resources can freely used to produce any good. Units of resources required to produce one additional unit will decrease. The rate of output will increase with same resources.

When Target decides the number and locations of warehouses it needs to build and operate, it is addressing the _______ element of the marketing mix.

Answers

Answer:

"Distribution" is the correct answer.

Explanation:

Disseminate such a big amount of the commodity upon the marketplace so that others may acquire the products before purchasing something that, could be defined as Distribution.It also includes the location as well as the configuration of anything inside or between individuals throughout higher dimensions.

Thus the above is the correct answer.

WillowWorks LLC, a retail clothing store, has been sourcing its raw materials from a supplier named ThreadTym Corp. for the last five years. A change of management at ThreadTym resulted in an increase of the prices of the raw materials. As a result, WillowWorks purchases ThreadTym so that it can produce these products on its own. This scenario best illustrates ________.

Answers

Answer: backward integration

Explanation:

Backward integration refers to a scenario whereby a company purchases another company which supplies the products that are required for production.

Since WillowWorks purchases ThreadTym so that it can produce these products on its own, then this is backward integration.

Priya, a software developer at SkillThink, is instructed by her team leader to minimize interaction with other team members. However, her project manager says that interacting with other team members can provide new insights for her projects. In this scenario, Priya most likely experiences _____. Group of answer choices interpersonal conflict interrole conflict intrarole conflict

Answers

Answer:

intrarole conflict

Explanation:

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

In this scenario, Priya most likely experiences intrarole conflict because she was instructed by her team leader to minimize interaction with other team members to prevent her from getting new insights for her projects.

An intrarole conflict is a type of conflict that arises due to the conflict related to behaviors within a single job position or role.

Long-term orientation encourages ______. a.neither thrift nor spending b.spending c.both thrift and spending d.thrift

Answers

Answer:

d

Explanation:

If a person has a Long-term orientation, they are more likely to save more than spend more. This is because they would be more concerned about meeting future expenses.

On the other hand, a short-term orientation encourages thrift

For example a person whose goal is to become a doctor is more likely to save than a person with a terminal illness with weeks to live

After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic headaches and insomnia. These symptoms are signs of ______ strain.

Answers

Answer:

physiological

Explanation:

From the question we are informed about an instance whereby, After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic headaches and insomnia. These symptoms are signs of physiological strain.

physiological strain can be regarded as one that contains of at least two stressors, these stressors can be inform of pulling an individual in different directions or pushing in different directions. It is possible for someone to have numerous stresses experience but not numerous strains. Strain can as well be regarded as excessive exertion, it can be undue extension of muscles.

.

Terra Corp. is incorporated in Florida with its principal office in Destin. Phyllis is the president of Terra Corp. and owns 51% of its shares. A potential buyer approached Phyllis with an offer to purchase her shares. The buyer offered Phyllis an additional bonus if Phyllis would step down from her office as president. Phyllis approached her attorney to determine whether the agreement to sell her shares is valid. The attorney should advise Phyllis that:

Answers

Answer: The agreement breaches Phyllis's fiduciary duty of loyalty as an officer of the corporation.

Explanation:

The attorney should advise Phyllis that the agreement breaches Phyllis's fiduciary duty of loyalty as an officer of the corporation.

The duty of loyalty forbids an officer from having his personal interests above that of the corporation. In this situation, accepting a bonus in order to give up the presidency simply means the officer has out his interest above those of the corporation, hence this is a breach of duty.

In the three-lines-of-defense model of risk management, the enterprise risk management program is responsible for controlling risk on a daily basis. True False

Answers

Answer:

False

Explanation:

The three lines of defense are Operational Management, Risk Management, and Internal Audit.

Operational Management's goal is to prepare and maintain internal controls that will help in executing risk and control procedures on a daily basis. While the purpose of risk management is to ensure that the first line of defense (i.e. operational management) is functioning properly as required.

Keeping the above points in view the statement "the enterprise risk management program is responsible for controlling risk on a daily basis" is false as it is responsible for overseeing the operational management rather than controlling risk on daily basis.

. Super Fine Rice Ltd. Has the largest share of 55% in the market. The company's policy is to sell only for cash. In 2015, for the first time company's number one position in the industry has been threatened because other companies started selling rice on credit* also. But the managers of Super Fine Rice Ltd. Continued to rely on it's previously tried and tested successful plans which didn't work because the environment is not static. This led to decline in sales of Super Fine Rice Ltd. The above situation is indicating two limitations of planning which led to decline in it sales. Identify and explain these limitations

Answers

Answer: 1. Planning should not be rigid.

2. Planning does not guarantee success

Explanation:

The limitations of planning which led to decline in it sales are that planning should not be rigid and that planning doesn't always guarantee success.

Planning brings about rigidity. A plan that well defined is usually Dewan along with the goals that needs to be achieved and this is used in deciding the future curse of action that'll be taken. This can bring about rigidity in the organization. In this case, the managers of Super Fine Rice Ltd. continued to rely on it's previously tried and tested successful plans which didn't work because the environment is not static.

Also, planning does not guarantee success. Success can only be achieved in a situation whereby the plans are implemented properly. A plan that isn't implemented and translated into action will become meaningless.

what is the minimum wage per hour in South Africa at
2021?​

Answers

Answer:

R21,69

Explanation:

Minimum wage is least amount a worker can earn in a particular country according to the legislation of that country.

According to the Employment and Labour minister TW Nxesi, he announced that the National Minimum Wage (NMW) for each ordinary hour worked has increased from R 20,76 to R 21,69 for the year 2021 effective from 01 March 2021.

The NMW legislation came into effect in South Africa on 01 January 2019 at a level of R 20 per hour. In terms of NMW act of 2018, the policy framework is a floor level below which no employee should be paid.

So, the minimum wage in South Africa as at 2021 is R 21,69

Crane Company purchases equipment for $2740 and supplies for $510 from Wildhorse Co. for $3250 cash. The entry for this transaction will include a debit to Equipment $2740 and a debit to Supplies Expense $510 for Wildhorse. credit to Accounts Payable for Crane. debit to Equipment $2740 and a debit to Supplies $510 for Crane. credit to Cash for Wildhorse.

Answers

Answer:

Date                    Account Title                                    Debit              Credit

XX-XX-XX           Equipment                                    $2,760

                            Supplies                                       $   500

                            Cash                                                                     $3,250

what is automated teller machine car
state 4 advantages of using automated machine

Answers

Answer:

An automated teller machine is an electronic machine that allows the transaction of money from one's account.

Advantages of the ATM are-

1. It provides easy access to one's account.

2. It saves time and energy.

3. It reduces the workload of the bank employees.

4. Its service is available anywhere 24/7.

Explanation:

An automated teller machine (ATM) is an electronic machine that allows an individual to complete basic transactions without the need for any bank personnel to help. This type of machine is generally used to withdraw and deposit cash from and into one's bank account.

Four advantages of an automated teller machine are-

1) It provides convenience to the customers, saving one's energy and time.

2) Its service is available 24/7.

3) It allows access to one's account anywhere.

4) It reduces the workload of the bank employees.  

An Automated Teller Machine (ATM) car refers to a vehicle equipped with an ATM, typically used for mobile banking services in locations where a fixed ATM is not available or convenient.

Advantages of using an Automated Teller Machine (ATM) include:

Convenience: ATMs offer 24/7 access to banking services, allowing users to withdraw cash or perform various transactions at their convenience. With an ATM car, this convenience can be extended to different locations, such as events, rural areas, or areas with limited banking infrastructure.

Accessibility: ATMs provide accessibility to banking services for individuals who may not have access to a nearby bank branch. The mobility of an ATM car can further enhance accessibility, reaching underserved or remote areas where  may be limited.

Time Savings: Using an ATM can save time compared to traditional banking methods. With an ATM car, users can access banking services without the need to travel to a physical branch, reducing time spent commuting and waiting in queues.

Privacy and Security: ATMs provide a secure and private environment for conducting financial transactions. Using an ATM car can enhance security by ensuring that the machine is monitored, maintained, and operated by authorized personnel.

This can instill confidence in users, knowing that their transactions are conducted in a controlled and secure setting.

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Suppose the nominal annual interest rate on a two-year loan is 8 percent and lenders expect inflation to be 5 percent in each of the two years. The annual real rate of interest is

Answers

Answer:

3%

Explanation:

Calculation to determine what the Annual real interest rate is

Using this formula

Annual real interest rate = Annual nominal interest rate - expected annual inflation rate

Let plug in the formula

Annual real interest rate=8%-5%

Annual real interest rate=3%

Therefore Annual real interest rate is 3%

Glowbot is a mobile app development firm. The firm allows its employees to grow by giving them the liberty to make their own decisions to help maximize the firm's benefits as well as the customer's benefits. The employees are treated fairly, and diversity is welcomed in the organization. This scenario illustrates the concept of _____.

Answers

Answer:

C) an organizational plurality

Explanation:

A) diversity pairing

B) skill-based diversity

C) an organizational plurality

D) structural accommodation

A and B formed a partnership by transferring the following assets to the partnership: A transferred $20,000 in cash, and equipment which cost $27,000, had an adjusted basis of $19,800, and had a fair market value of $30,000; B transferred cash of $50,000. The partnership's basis in equipment transferred to the partnership by A is

Answers

Answer:

$19,800

Explanation:

Based on the information given we were told that they transferred an assets to the partnership of an ADJUSTED BASIS of the amount of $19,800 which therefore means that The PARTNERSHIP'S BASIS IN EQUIPMENT TRANSFERRED to the partnership by A will be $19,800 based on the fact that the basis for the property contributed will be the ADJUSTED BASIS of the property to the partner that contributed during the time of the contribution.

Therefore The PARTNERSHIP'S BASIS in equipment transferred to the partnership by A is $19,800

evaluate the failure of Apple at meeting customer needs​

Answers

Answer:

lol

Explanation:

i need points

Lol same hahahahahaha

Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are employed. Assume that full-employment occurs at a 4 percent unemployment rate at a real GDP level of $100 billion. Based on the information above use Okun's Law to find how much potential GDP has been lost because the economy is not at full employment

Answers

Answer: $2 billion

Explanation:

Okun's law posits that for every percentage point that actual unemployment rate is above the natural unemployment rate, actual GDP will be lower than potential GDP by 2%.

Actual rate of unemployment here is:

= (Labor force - Employed) / Labor force

= (800,000 - 760,000) / 800,000

= 5%

Actual unemployment - Natural unemployment:

= 5 - 4

= 1%

Potential GDP lost is:

= (1% * 2) * 100 billion

= 2% * 100 billion

= $2 billion

A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.

Answers

Answer:

They make 3% less per year

Explanation:

I think this is what you're asking but don't quote me on it

What is your major(potential) in college?

Answers

going to school for my asn, getting my rn and bsn! i want to work in emergency medicine and when i get too old for that ill work in womens health

Devendra Company pays cash dividends of $600. The entry for this transaction will include a debit of $600 to

Answers

Answer:

Dividend

Explanation:

Based on the information given if the Company pays CASH DIVIDENDS of the amount of $600, the Appropriate journal entry for this transaction will include a DEBIT of $600 to DIVIDENDS

as the $600 represent CASH DIVIDEND amount paid by the company.

A ______ is a group of employees, selected for their expertise, who come together on a temporary basis to bring about a particular change in an organization.

Answers

The answer is

“Task Force”

The soft drink, candy, and snack vending machines found in the Business building at University of Texas at Arlington are examples of: Group of answer choices automatic vending. self-service technologies. direct marketing. direct retailing. none of these.

Answers

Answer:

automatic vending

Explanation:

Answer the following question on the basis of the information about the hypothetical economy of Nanawaiya. All figures are in the millions. Not in the labor force 45 Unemployed 7 Total population 45 Employed 95 Discouraged Workers 3 The labor force is __________ Group of answer choices

Answers

Answer:

102 million

Explanation:

Labor force is define as the sum of employed and unemployed in an economy.

Labor force = Employed+ Unemployed

Labor force = 95 million + 7 million

Labor force = 102 million

Under the Uniform Commercial Code (UCC), in a simple delivery contract, once goods are identified in a contract the contract is considered _____.

Answers

Answer:

executed

Explanation:

Under the Uniform Commercial Code (UCC), in a simple delivery contract, once goods are identified in a contract the contract is considered executed.

What is Uniform Commercial Code (UCC)?

The Uniform Commercial Code (UCC), a comprehensive body of legislation, governs all business transactions in the United States. It is a state law that has been uniformly enacted rather than a federal law. Uniformity of law is critical in this field for interstate business transactions. Businesses can enter into contracts knowing that the terms will be upheld consistently by courts in every American jurisdiction thanks to the UCC's widespread adoption. Because commercial connections are more secure as a result, businesses may expand and the American economy does well. The UCC has been referred to as "the backbone of American commerce" for this reason.

The Uniform Commercial Code (UCC) is a standardized set of business laws and regulations. The UCC code was created in 1953 as it became increasingly difficult for businesses to transact business across state lines due to differing state laws. 1

The Uniform Commercial Code (UCC) is significant because it provides a standard legal and contractual framework that allows companies from different states to transact with one another. The UCC laws have been fully adopted by the majority of states in the United States. Although there are some minor differences between states, the UCC code is divided into nine articles. The UCC articles cover a wide range of transactions, including banking and lending.

Uniform Commercial Code (UCC) laws govern personal property sales and other transactions. If you've ever bought a business or a car, you've probably signed a UCC-1 statement. The lender retains ownership of the title until the loan is paid off.

The Uniform Commercial Code (UCC) policies are primarily concerned with the activities of small businesses and entrepreneurs. Part of the goal is to clear up any confusion about how each state might regulate such operations separately.

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A claim that is sent for reimbursement that contains all the required data elements to process the claim is referred to as a:

Answers

Answer:

Clean claim

Explanation:

A clean claim is defined as one that has complete documentation, no defect, special circumstance, or impropriety.

They meet all the requirements for easy processing.

Claims are made on Medicare services for reimbursement by insurance companies.

The other type of claim is the other-than-clean claims that requires further investigation before reimbursement is made.

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