What is meant by "common language?" How does common language help professionals manage quantities of data efficiently?


Common language is easily understood communication. It refers to the reduction of difficult figures into language that is easily understood. For example, saying "nine out of ten dentists prefer Brand X" is more meaningful than saying "out of a survey of 550 dentists, 495 showed a preference for Brand X." Common language reduces large quantities of numerical data into easy-to-understand information from which decisions can be made.

Business

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The purchasing department buys office supplies on a routine basis from a pre-approved list of suppliers. This type of purchase is classified as a ________

A) straight rebuy B) modified rebuy C) new task D) secondary purchase E) procure-to-pay

Business

Within the context of the Freudian theory, explain how the laddering technique can be used

What will be an ideal response?

Business

Walnut Queen Corporation and Pine King Company (forest products companies) need additional pulp-processing capacity. Each firm could borrow the needed funds and build its own manufacturing plant. Instead, they form a joint venture to build a pulp-processing plant. Each firm agrees to use half of the new plant's capacity each year for 20 years and to pay half of all operating and debt service

costs. The joint venture uses the purchase commitments of Walnut Queen Corporation and Pine King Company to obtain a loan to build the facility. The firms structure the arrangement so that neither firm controls the joint venture. Which of the following is not true? a. Accounting views the purchase commitments as executory contracts. b. Neither firm will recognize a liability for its portion of the loan. c. The loan will appear as a liability on the balance sheet of the joint venture. d. Each firm obtains financing for the services of the plant without showing a liability on its balance sheet. e. The loan will appear as a liability on the balance sheet of Walnut Queen Corporation and Pine King Company, half of the loan amount allocated to each.

Business

After the parade's end, they clean the streets until the next morning

What will be an ideal response?

Business