Discuss the ways in which organizations use letters of recommendation
What will be an ideal response?
Answer: The need to inquire about people arises often in business. For example, before extending credit or awarding contracts, jobs, promotions, or scholarships, companies often ask applicants to supply references. Companies ask applicants to list references who can vouch for their ability, skills, integrity, character, and fitness for the job. Before you volunteer someone's name as a reference, ask permission to do so. Some people don't want you to use their names, perhaps because they don't know enough about you to feel comfortable writing a letter or because they or their employers have a policy of not providing recommendations.
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What are the arguments favoring regulation of financial reporting?
What will be an ideal response?
In using the total cost concept of applying the cost-plus approach to product pricing, selling expenses, administrative expenses, and profit are covered in the markup
Indicate whether the statement is true or false
The model stock approach determines space needs for each department based on assortment considerations
Indicate whether the statement is true or false
A plausible tactic for enhancing teamwork within a work group is for the leader to hold question-and-answer sessions with the team
Indicate whether the statement is true or false.