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Cassidy is concerned about the number of customer complaints she has received regarding the poor service provided by her department. She is convinced her employees are able to provide better service and cut complaints significantly. Cassidy has set a new goal for her department to reduce customer complaints by 15% within six months. This goal is an example of the type of performance standard needed for effective controlling.
Terms Of Trade
The ratio at which a country can trade domestic products for imported products.
In-line Skates
Skates with all wheels aligned in a single row down the middle, allowing for greater speed and agility than traditional roller skates.
Surfboards
Long, narrow boards used in the sport of surfing to ride waves, traditionally made of wood but now also from various synthetic materials.
Exchange Rate
The equivalent value of one currency when swapped for another.
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