Just Before Darrow Graduated from University, He Was Told That

question 43

Essay

Just before Darrow graduated from university, he was told that once he begins work, he should learn how to network because it can help him in his career.While Darrow understands what it means to network, he is not sure of the actual things he must do to network or how effective it will be.He has asked you to describe how to network and the effect that it will have on his career.What are the various networking behaviours you should describe to Darrow and which ones are most effective?

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Definitions:

Transportation to Consignees

The costs incurred to transport goods to consignees, who will sell the goods on behalf of the shipping party.

Cost Recovery Method

An accounting technique used to defer the recognition of income until the cash received from a transaction exceeds the costs associated with it.

Realized Gross Profit

The gross profit that is actually earned and recognized on sales transactions, after the cost of goods sold has been deducted.

Cash Collections

The process of gathering and managing the cash from sales, financing, or other sources of revenue for a business.