Examlex
As chairman of the Marketing Department at a local university,you are faced with overdemand for some marketing courses and underdemand for others.Explain how would you go about balancing the service capacity and customer (student)demand for your courses?
Collateral
refers to assets that are pledged as security for the repayment of a loan, ensuring the lender can seize the assets if the loan is not repaid.
Reimbursement
The process of compensating someone for an expense they have incurred.
Surety
A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling the terms of a contract.
Outlays
Expenditures or the amount of money expended in the course of conducting business or executing a project.
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