Price ceiling – The maximum price that the seller can charge on specific goods. Price ceiling is a price control mechanism mostly used by the government to protect consumers. Price floor – This is the minimum price that the seller can charge on a good. Equilibrium price or Market clearing price – This is the … Read more
Management competencies include all of the following: conceptual, interpersonal, technical, and political. Competency refers to the skills and attitudes that make an individual more effective in their roles A manager is an individual who works in an organization to oversee and direct other people’s activities. An organization that has a managerial role should have three … Read more
Questions solved by this summary A seller who retains a security interest in a good he sold will also retain an insurable interest in the good – Answer is True Which of the following is not needed for a valid contract?.a. an agreement.b. consideration.c. contractual capacity.d. a writing – Answer is d.Writing A remedy in … Read more
Management is defined as the art of getting things done through the effort of other people. Principles of management involve all means that are used to manage done by others, whether as a group or in organizations. The manager uses empowerment to enable an individual to behave and take action in autonomous ways. Importance of … Read more
Operations is one of the three functions of management, which is responsible for producing goods or services. Operations Management refers to the management of processes that create goods and provide services i.e. converting the inputs to goods and services. Goods are physical items such as automobiles, computers, shampoo, etc. Services are the activities that provide … Read more
https://coursepivot.com/tutor-answers/consider-either-the-north-american-or-european-markets-for-air-travel/ The North American and European air travel markets are vast and diverse, each catering to a wide range of travelers with varying needs and preferences. To effectively serve these markets, airlines employ segmentation strategies, dividing the customer base into distinct categories based on several variables. This approach allows airlines to tailor their services and … Read more
https://coursepivot.com/tutor-answers/where-are-we-competing-and-how-are-we-competing/ In the ever-evolving landscape of the entertainment industry, Lady Gaga has managed to carve a unique niche for herself that goes beyond the realms of music. Her strategic approach to her career can be succinctly dissected by addressing two fundamental questions: “Where is she competing?” and “How is she competing?” These inquiries shed light … Read more
Question: https://coursepivot.com/tutor-answers/what-is-your-career-strategy-for-the-next-five-years/ Embarking on a successful career journey requires careful planning and consideration. A well-structured career strategy can help you navigate the challenges of the professional world while leveraging your strengths, addressing weaknesses, and adapting to the evolving external landscape. Let’s delve into a sample five-year career strategy and explore how it aligns with various … Read more
Question: https://coursepivot.com/tutor-answers/in-relation-to-the-four-characteristics-of-successful-strategies-in-figure-1-1/ The US government’s Middle East strategy since the invasion of Iraq in 2003 has come under scrutiny for its lack of success in achieving its stated goals. The strategy, aimed at promoting democracy, defeating terrorism, and ensuring stability in the region, has fallen short on all fronts. When evaluated against the four characteristics … Read more
This course is offered by the Forbes School of Business and Technology® at the University of Arizona Global Campus (UAGC). This advanced online degree caters to individuals aiming to establish a pinnacle of excellence within the field of human resources. By undertaking this master’s program, you will gain a comprehensive skill set encompassing adept problem-solving, data-centric … Read more