Advertising agency uses a job order costing; Cell phone manufacturer and process costing.
An advertising agency, often known as a creative agency or an ad agency, is a company that specializes in developing, organizing, and managing to advertise and occasionally other types of client promotion and marketing.
The cost of manufacturing each product is calculated using the job order costing approach. Direct labor, direct supplies, and manufacturing overhead are all included in the job costing process.
Process costing is a type of cost that's mostly utilized in manufacturing when products are mass-produced constantly using one or more processes. Examples of this include producing chemicals, erasers, or processed foods.
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jeffrey's mom specifically asked for a cip cast iron pan for her birthday. as jeffrey scanned the stock in two department stores, he found ten different brands, none of which were cip. when he found cip in a kitchen specialty shop, he was challenged to tell the difference between his mom's choice and the others. he was reminded of his business class, in which he learned about competition, where many sellers may be offering very similar products. through various means, each seller differentiates his product from the competition. multiple choice perfect oligopolistic limited monopolistic
He was reminded of his business class, in which he learned about monopolistic competition.
Business is the interest of creating one's dwelling or earning profits by way of generating or shopping for and selling merchandise. it's also "any hobby or corporation entered into for profit."
A business enterprise is described as a business enterprise or enterprising entity engaged in industrial, commercial, or expert sports. companies can be for-income entities or non-profit companies. commercial enterprise sorts variety from confined liability companies to sole proprietorships, groups, and partnerships.
The definition of business is an career or exchange and the acquisition and sale of services or products to make a earnings. An instance of enterprise is farming. An example of business is a house sale.
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robert jacobs and richard chase (2018). operations and supply chain management, 16th edition, mcgraw-hill. isbn 978-1-260-23890-7 (bound edition), isbn 978-1-260-70637-0
16th Edition of Operations and Supply Chain Management
F. Robert Jacobs and Richard Chase are the authors.
McGraw-Hill Higher Education is the publisher (International)
Type: Reflowable
9781260575941, 1260575942 for printing
ISBN 9781260575941, 1260575942 for printing
eText 9781260579437, 1260579433
eText 1260579433, 9781260579437
The design, operation, and improvement of the systems that produce and deliver the company's main goods and services is known as operations and supply chain management (OSCM). The management of the complete system that creates a product or provides a service is a focus of OCSM.
It is possible to create a supply network for any good or service. Consider a supply network as a pipeline where materials and information are transported.
A business plan that balances the demands of complicated supply networks with the desires of customers is necessary for success in today's global markets.
Operations refers to the manufacturing and service procedures utilized to turn a company's resources into the goods that clients want to buy.
All actions and data connected to the movement and transformation of goods and services from the stage of raw materials to the end-user are included in the supply chain.
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the eip3 phaseout range for taxpayers using the single filing status is: $70,000 to $80,000. $75,000 to $80,000. $80,000 to $85,000. $75,000 to $85,000.
The $75,000–$80,000 eip3 phaseout range applies to taxpayers using the single filing status.
A taxpayer is a person or a company that must pay taxes to the federal, state, or municipal governments. Governments mostly derive their income from taxes on both citizens and businesses. Individual taxpayers must typically file and pay both federal and state tax returns each year in the US. While companies must also submit yearly returns, they typically budget for and make recurring anticipated tax payments throughout the year.
Governments at all levels—federal, state, and local—legislate and enforce the U.S. tax code. The major governmental body responsible for enforcing the actualized income tax laws for both individuals and taxpayer is the Internal Revenue Service (IRS).
Implementing and enforcing localized taxes, such as sales taxes and property taxes, falls under the purview of state and municipal revenue agencies. Both individuals and taxpayer need to be aware of their tax responsibilities because failing to pay required taxes can result in fines or other legal measures.
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what attempts to understand and measure the current process and make performance improvements accordingly?
A continuous process improvement model attempts to understand and measure the current process and make performance improvements accordingly.
Satisfactory management enables agencies to improve their products' reliability, durability, and performance. these factors help differentiate an enterprise from its competitors. better products same happier clients and higher revenue.
Employee overall performance is defined as how an employee fulfills their task duties and executes their required tasks. It refers to the effectiveness, pleasantness, and efficiency of their output. overall performance also contributes to our evaluation of how treasured an employee is to the organization.
A powerful overall performance control method motivates, measures, and develops the performance of personnel to help large-image desires. Leaders can leverage the technique to define expectancies, create desires, provide feedback, examine outcomes, and set up developmental possibilities.
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donor a gave the nonprofit a cash gift of $40,000 in june, telling the nonprofit the gift could not be used until the next fiscal year.
Net assets with donor restrictions are to be journalized as:
Dr Cash A/c 40,000
Cr Contribution revenue A/c 40,000
A restricted fund contains some amount of money which a donor has decreed that it can be used only for a specific purpose.
If the money is temporarily restricted, any excess will become unrestricted once the purpose is fulfilled. If the money is permanently restricted then it should be kept intact in the form of an endowment which is usually in perpetuity, and only the interest earned by investing the endowment could be spent in service of the purpose.
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the economic concept of is the attempt made by people to minimize the expected cost of achieving a given benefit. a. rational self-interest b. rational expectation c. fallacy of composition d. marginal analysis
the economic idea of is the try made with the aid of people to minimize the expected value of accomplishing a given benefit is Rational self-interest.
Some common synonyms of acquire are accomplished, discharge, effect, execute, fulfill, and carry out. at the same time as a majority of these words mean "to perform or into effect," obtain provides to accomplish the implication of conquered difficulties.
Accomplishing sentence example. How do you hope to acquire that? now and again they attain rare beauty by a twist of fate. Assuming she'd done all she turned into imagined so one can achieve her aim, she could know his location within minutes.
It facilitates us accomplishing our desires, and lets in for extra green use of time and other assets. making plans way analyzing and analyzing the goals, as well as the manner wherein we will achieve them. it's miles a method of action to determine what we are going to do and why.
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delegate tasks so that a subordinate can see a project or assignment through to completion; allow time to get the task done.
Answer:
well if you look here it three times two times four times six
Vicky keeps a close eye on her company’s internal and external environment to discover possible opportunities for new products and to discern possible threats from the competition. In which activity is vicky engaged?.
Vicky keeps a close eye on her company’s internal and external environment to discover possible opportunities for new products and to discern possible threats from the competition. Vicky is engaged in SWOT analysis.
All the bodily environments on the planet are known as the surroundings. The environment includes the entirety living and everything nonliving. The nonliving part of the surroundings has three essential parts: the surroundings, the hydrosphere, and the lithosphere.
Surroundings especially include ecosystems, hydrosphere, lithosphere, and biosphere. However, it may be more or less divided into two types which include (a) Microenvironment and (b) Macro surroundings. it may also be divided into other sorts inclusive of (c) physical and (d) Biotic surroundings.
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business process blank attempts to understand and measure the current process and make performance improvements accordingly.
Business process improvement aims to comprehend and evaluate the existing procedure so that performance can be improved accordingly.
The correct option is C.
Business process improvement(BPI):Business process improvement (BPI) is an exercise wherein enterprise leaders examine their business processes to find areas where they can boost their accuracy, efficacy, and efficiency, and then make adjustments within the processes to achieve these improvements.
What is a good illustration of process improvement?One of the best cases of process improvement initiatives focuses on waste. You can speed up production and deliver higher-quality results specifically by locating and eliminating wasteful areas within your processes. Utilizing Lean principles is one of the effective ways to reduce waste.
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I understand that the question you are looking for is:
What attempts to understand and measure the current process, and make performance improvements accordingly?
a. Customer facing process
b. Business process reengineering
c. Business process improvement
d. Business process management
an apartment building that sold for $780,000 had a monthly gross income of $8,000. what is its monthly gross rent multiplier?
97.5
$780,000 ÷ $8,000 = 97.5 GRM
GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.
In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.
Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.
A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.
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as monitors, managers are constantly scanning the environment for information, talking with liaison contacts and subordinates, and receiving unsolicited information.
True. As monitors, managers constantly scan the environment for information, talking with liaison contacts and subordinates, and receiving unsolicited information.
A manager's responsibility as a process and activity monitor is to constantly scan and supervise the flow of information into the company. Managers must collect, analyze, store, and distribute a wide range of information. As a result, they are information resource centers, frequently storing large amounts of data in their own heads, quickly transitioning from gathering to disseminator roles.
As monitors, managers constantly scan the environment for information, talking with liaison contacts and subordinates, and receiving unsolicited information. This information is passed down orally as gossip, speculation, or hearsay. Managers direct privileged information to subordinates who would not otherwise have access to it. Managers must decide not only who should obtain such information.
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you look at real estate ads for houses in naples, florida. there are many houses ranging from $200,000 to $500,000 in price. the few houses on the water, however, have prices up to $15 million. the distribution of house prices will be
Right-skewed with potential outliers.
What are outliers?An outlier is an observation in a population-based random sample that deviates abnormally from other values. In a way, this definition defers to the analyst's (or a consensus process') judgment as to what constitutes aberrant behavior.
a value in a set of data that "lies outside" (is much smaller or greater than) the majority of the other values. For instance, both 3 and 85 are "outliers" in the scores 25, 29, 3, 32, 85, 33, 27 and 28.
It's worthwhile to read Outliers. It entertains you, questions the status quo, and provokes thought. It helps you become more aware of your surroundings and the effects that culture and the environment have on your ability to succeed.
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The american society for quality has a two part definition of quality. One perspective on quality is a product or service free from deficiencies; the product performs as intended. This is the ____________ perspective on quality.
The American Society for Quality defines quality in two parts. One definition of quality is a product or service that is devoid of flaws and functions as planned. This is the quality conformance viewpoint.
The capacity of a product, service, or process to fulfill particular design requirements established by the manufacturer is referred to as conformance quality.
It determines how close a product, service, or process comes to matching design standards.
Market, technology, labor, materials, cost, and management are the primary elements that might influence the quality of compliance of a product, service, or process.
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during an audit of a company’s cash balance on a company with operations in only one country, the auditor is most concerned with which management assertion?
During an audit of a firm's cash balance on a business with operations in only one country, the auditor is most concerned with which existence management assertion.
Management assertions are statements expressed by members of management about specific aspects of a business. The term is most commonly associated with auditing a firm's cash balance, in which the auditors rely on many assertions about the business.
Auditors conduct several audit tests to determine the accuracy of these assertions. The existence assertion states that all account balances for liabilities, assets and equity exist as per the financial statement end of the accounting period.
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what are the major waves of change that are part of the challenges of managing a business in the new competitive landscape? (choose every correct answer.)
what are the major waves of change that are part of the challenges of managing a business in the new competitive landscape?
1. The importance of knowledge and ideas
2. Globalization
3. Technological change
4. Collaboration across organizational boundaries
What is new competitive landscape?
The technology revolution and growing globalization have mainly contributed to the development of a new competitive landscape. Firms are experiencing strategic discontinuities that are changing the nature of competition.
Therefore,
1. The importance of knowledge and ideas
2. Globalization
3. Technological change
4. Collaboration across organizational boundaries
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as a securities dealer, patrick is able to easily know and compare the prices of stocks, which are now consolidated in a national market system. which federal regulation established this process?
As a securities dealer, Patrick is able to easily know and compare the prices of stocks, which are now consolidated in a national market system. The Securities Act Amendments of 1975 is the federal regulation that established this process.
According to the Securities Act Amendments, neither a municipal securities issuer nor an employee of a municipal securities issuer acting in the course of his official duties shall be deemed to be a municipal securities dealer for the purposes of the Act's regulatory purposes by reason of the purchase or sale of securities. In order to ensure greater financial transparency and accuracy and less fraud or manipulation, the Securities Exchange Act of 1934 (SEA) was developed to regulate securities transactions on the secondary market, after the issue. Companies subject to the Securities Exchange Act and whose securities are held by more than 500 owners are required to submit annual and other periodic reports to the SEC.
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buchanan corp. is refunding $15 million worth of 11% debt. the new bonds will be issued for 8%. the corporation's tax rate is 37%. the call premium is 10%. what is the net cost of the call premium after taxes?
The bond coupon rate is the total interest rate that is used to calculate periodic charges made to bondholders. The bond coupon rate is further than the yield to maturity.
Net cost call premium = $567,000
Bond coupon rateOption, D is correct.
The net expense of the call premium after taxes is $567,000.
Net cost call premium = Debt x Call premium x (1 - Tax rate)
Net cost call premium = $9,000,000 x 10% x (1 - 37%)
Net cost call premium = $900,000 x 0.63
Net cost call premium = $567,000
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consider a system of sequential tasks along a single path. the processing time of a non-bottleneck resource is reduced. then we can most clearly conclude that for this system
Consider a system of sequential tasks along a single path. The processing time of a non-bottleneck resource is reduced. then we can most clearly conclude that for this system is average inventory will increase.
Consider a serial sequence of assignments. The processing period of a non-bottleneck resource is reduced. Then we can simply infer that the average inventory will increase. inventory can moreover increase if the supply of the product is decreased while demand stays relatively constant.
Within the responsibilities view, you could speedy look for tasks either by precis or with the aid of category. searching by way of summary: click on the quest icon to enlarge the drop-down list. choose the search situation from the list.
Genuinely press Ctrl+Shift+escape to your keyboard to carry up the assignment manager. on the keyboard, press "Ctrl + Alt + Delete," and you will see a few alternatives. To open a project manager, pick out "venture supervisor." To open the challenge manager, proper-click on the start button on the taskbar.
Press Ctrl+Alt+Delete, and select task supervisor. From the beginning display, kind “mission” (assignment manager will display up in apps listing) then hit enter. From the computer, properly click on the challenge bar and pick out “challenge supervisor” from the context menu.
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The beginning merchandise inventory plus cost of goods sold equals the cost of goods available for sale during the period. True or false?.
The correct answer is false
The value of things in stock—whether they are finished products or raw materials that are prepared for sale—that are intended to be resold to consumers is referred to as merchandise inventory. Consider it as a holding account for stock that will shortly be sold. The most significant asset for ecommerce business owners is their inventory, which is recorded on the balance sheet of the company at the conclusion of each accounting period or fiscal year. Any items intended for resale, whether they are in route from the supplier, in the possession of the retailer, or housed in a warehouse or distribution center and waiting to be sold, are considered to be part of the merchandise inventory.
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2. Lazaro Lopez, a store manager, has a gross weekly income of
$721.15. His earnings to date for this year total $25,240.25. How
much is deducted from his paycheck this week for Social
Security? How much for Medicare?
Lazaro Lopez, a store manager, has a gross weekly income of
$721.15. His earnings to date for this year total $25,240.25. His Social security and Medicare deducted are as follows:
Weekly social security deducted is = $721.15*0.062= $44.71
Annual Medicare deducted = 25,240.25*0.0145= $365.1
What is Gross income ?The sum of an individual's earnings before taxes or other deductions is their gross income, which is sometimes referred to as their gross pay on a paycheck. This covers earnings from all sources, not only work, and is not restricted to earnings in cash; it also covers earnings from the receipt of goods or services.
Hence, Social Security deducted is $44.71 and Medicare deducted is $365.1.
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how would you expect judge oh to rule in a case where a toy manufacturer is being sued for producing a toy that led to the death of an infant when the infant swallowed the tiny colored beads that were an important part of the toy?
Because the company disregarded its obligation to the weak, I anticipate Judge Oh to decide in favor of the parents of the deceased infant.
What is an obligation?To uphold the law or morality, one must behave in a particular way. Obligations and other restrictions limit freedom. Those who are required to fulfill responsibilities can choose to do so voluntarily. There is responsibility when there is a choice between what is morally right and evil. There are also duties that apply in other situations and are classified as normative behavior. These include social obligations, religious obligations, political obligations, and perhaps obligations of etiquette. Even though some people have obligations for other reasons, such as tradition or societal responsibilities, these obligations are frequently legally binding and can result in consequences if broken.
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Freedom of ensures that entrepreneurs and private businesses are free to obtain and use economic resources to produce their choice of goods and services.
Freedom ensures that entrepreneurs and private businesses are free to obtain and use economic resources to produce their choice of goods and services freedom of enterprise.
Entrepreneurial freedom means that entrepreneurs and businesses have the freedom to procure and use resources, manufacture products of their choice, and sell those products in markets of their choice. Capital resources are described as resources in the form of infrastructure, machines, and tools that enable the processing of inputs.
A market economy requires little government intervention and allows private property to direct all business decisions related to the company's operations. This type of economic resource leads to increased efficiency, productivity, and innovation. Review of the world population. "Market Economy 2022.
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patrick creates an innovative product using recycled water bottles. what type of entrepreneurship trend is this considered?
patrick creates an innovative product using recycled water bottles. He will consider Green entrepreneurship trend
Entrepreneurship
Entrepreneurship is the process of creating or extracting economic value. According to this definition, entrepreneurship is defined as "change," often involving risk above what is normally faced when beginning a business and may contain values other than monetary ones. An entrepreneur is a person who establishes and/or invests in one or more enterprises, assuming most of the risks and reaping the majority of the gains.
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juliana was assigned to analyze the process her company uses to write proposals. she worked on her report for more than a month. rashmi in the marketing department and john in the finance department gave juliana a lot of information and had several meetings with her. juliana placed an acknowledgments section in her report, where she thanked rashmi and john. what standard best explains juliana's decision to acknowledge her colleagues?
The best standard explains Juliana's decision to acknowledge her colleagues is;
CareCARE (Cooperative for Aid and Relief Anywhere, formerly the Co-operative Remittance of America to Europe) is a leading international humanitarian organization undertaking international development and emergency relief projects. long-term. Founded in 1945,
CARE is a non-governmental, unbiased, and non-governmental organization. It is one of the largest and oldest humanitarian aid organizations focused on eradicating poverty in the world. Operating in 104 countries, CARE reported supporting 1,349 humanitarian and poverty relief projects, reaching more than 92.3 million people directly and 433.3 million people indirectly.
CARE programs in developing countries address various issues, including emergency response, food security, water and sanitation, economic development, climate change, agriculture, education, and health.
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there is some concern that increased use of could prompt the need for legislation protecting employee privacy rights.
There is some concern that increased use of electronic databases could prompt the need for legislation protecting employee privacy rights.
An electronic database is a computer-based collection also listing of the information. Through this the information can be searched in a fast and easy manner.
Electronic databases held organized collections of data, or information, which is thus stored in a computer in a readable form. So sometimes, the increased use of electronic databases might probably prompt the need for legislation which protects employee privacy rights.
Hence, the electronic databases can make it easier to search, query, filter and retrieve required data.
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what part of the marketing plan lists the actions the firm must take to accomplish the marketing objectives of the firm?
The part of the marketing plan that lists the actions the firm must take to accomplish its marketing objectives of the firm is the marketing strategy.
What is a Marketing plan?It should be noted that the marketing plan simply means the ideas that are put in place by a company in order to improve sales and revenue.
An overall business plan could include a marketing plan. A well-written marketing plan must have a strong foundation in marketing strategy in order to fulfill its objectives. A marketing strategy may include a list of tasks, but without a solid strategic base, it is of little service to a company.
In this case, the part of the marketing plan that lists the actions the firm must take to accomplish its marketing objectives of the firm is the marketing strategy. It should be noted that Strategies are important to achieve organizational goals.
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economists argue that rent control is a highly efficient way to help the poor raise their standard of living.
Economists argue that rent control is a highly efficient way to help the poor raise their standard of living. The statement is False.
What is Economists?An economist refers an individual who possesses deep knowledge about the connection between the production that takes place with the help of resources and the output received to determine the growth.
Rent control is a highly efficient way to help the poor raise their standard of living is False. The quantity of legal rise would be limited by rent control, and most landlords support these rules.
Therefore, the statement is False.
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economists argue that rent control is a highly efficient way to help the poor raise their standard of living. True/False.
crystal has opened a new startup company in web design. within the first month of business, the startup agrees to maintain an accounting firm's website in exchange for someone at the firm doing the startup's tax returns.
The crystal has opened a new startup company in web design. Trade can make everyone better off.
What is company?
The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.
The principles of economic interaction best characterize this circumstance; commerce can benefit everyone. The new startup company agreed to pay the startup tax return. They look after the accounting firm's website.
As a result, the trade can everyone can better.
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assume that bubba’s food truck only produces burgers and sushi. if bubba is currently producing at production choice d, his opportunity cost to move to production choice c would be:
Bubba’s food truck only produces burgers and sushi. if bubba is currently producing at production choice d, his opportunity cost to move to production choice c would be 40 pieces of sushi.
Bubba's Food
A 2000-founded American company called Bubba Foods makes frozen hamburgers. Their flagship item, the Bubba burger, is made entirely from USDA Choice beef chuck. The burger doesn't need to be defrosted because it may be cooked directly from freezer. Over the years, they have added new items like a family of turkey burgers, vegetable burgers, and snack bites.
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a project manager wants to minimize risk and provide some independent checks and balances on contractor work. which contract model should the organization use?
The organization should use Construction management.
What is Construction Management?
Construction management is a specialized service that gives project owners effective control over the project's budget, timeline, scope, quality, and function. All project delivery techniques are compatible with construction management. No of the situation, the owner and a successful project are the duty of the construction manager (CM).
Three partners, excluding the CM, make up a capital project at its core:
The owner, who commissions the project and either provides direct funding for it or does so in a number of other ways.The project's designer, the architect or engineer.The general contractor is in charge of managing subcontractors and supervising daily activities.To learn more about Construction Management
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