Customer Relationship Management (CRM) involves managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability. Option C is answer.
This includes activities such as understanding customer needs and preferences, maintaining a database of customer information, implementing strategies to attract and retain customers, and providing personalized and efficient customer service.
CRM focuses on building strong and long-lasting relationships with customers by tailoring products or services to meet their specific needs, addressing their concerns and inquiries promptly, and providing a positive overall experience. It involves collecting and analyzing customer data to gain insights into their behaviors, preferences, and purchasing patterns, which can then be used to improve marketing strategies, product development, and customer service processes.
Option C: Managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability is the correct answer.
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Knopp Company experienced an event that had the following effects on its financial statements.
The occurrence that Knopp Company dealt with had the following effects on its financial statements: Earned cash revenue.
Effects:
Earning cash revenue indicates that the organisation has made cash sales.Cash is received and income is received in the case of cash sales.As a result, assets (cash) grew. Additionally, as income rises, equity rises as well.Both revenue and net profit rise as a result.Cash flow from operating operations also refers to this.The above transaction has the following outcome:
Balance sheet Income Statement Statement of
Assets = Liabilities + Equity Rev. − Exp. = Net Inc. Cash Flows
+ NA + + NA + + OA
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Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong
When a customer buys something with a credit card, the pays the store on the customer’s behalf.
TRUE
Explanation:
This statement is true
PLEASE HELP!!!!!
Making a Purchase
1. Identify a consumer want or need for you or your family.
2. Explain which consumer strategies you will use to find the product or service that will best meet this want or need and why you have chosen them.
3. Describe each stage of the buying process for this item.
4. Identify the federal and/or local consumer protection agency that is best equipped to handle any potential consumer complaint that results from this purchase and explain how this agency could help you
Answer:
Consumer Want or Need: My family wants to purchase a new refrigerator because our current one is old and does not function properly.
Consumer Strategies: To find the best product to meet our need, we will use several consumer strategies, including:
a
b. Store Visits: We will visit different appliance stores to see the refrigerators in person and ask questions from the sales representatives. This strategy will help us assess the physical features and functionalities of the refrigerators and enable us to make informed decisions.
c. Recommendations: We will ask for recommendations from friends and family who have purchased refrigerators recently. This strategy will help us gain valuable insights and advice from people we trust.
Buying Process:
a. Need Recognition: The need recognition stage involves identifying the problem or need that the refrigerator will address. In this case, our old refrigerator is no longer functioning correctly.
b. Information Search: During this stage, we will use the consumer strategies mentioned above to gather information about the different types of refrigerators available, their features, and prices.
c. Evaluation of Alternatives: We will compare the features and prices of the refrigerators we have researched and visited in person to evaluate the alternatives that best meet our needs.
d. Purchase Decision: Once we have evaluated the alternatives, we will make a purchase decision based on our evaluation criteria, including quality, price, and availability.
e. Post-Purchase Evaluation: After purchasing the refrigerator, we will assess its performance to ensure that it meets our expectations.
Consumer Protection Agency: In case of any potential consumer complaint resulting from this purchase, the best-equipped federal agency to handle the issue is the Federal Trade Commission (FTC). The FTC is responsible for protecting consumers from fraudulent, deceptive, and unfair business practices. In the event of a dispute, the FTC could help us file a complaint against the manufacturer or retailer and take appropriate action to resolve the issue. The FTC can also provide valuable advice on consumer rights and protections. Locally, we may also contact our state Attorney General's office, which has similar functions and responsibilities for consumer protection.
Explanation:
This answer explains how to identify a consumer's want or need, the strategies to find the best product or service, the stages of the buying process, and the appropriate consumer protection agency.
Explanation:Consumer Want or Need: An example of a consumer want or need for my family is a new laptop.
Consumer Strategies: To find the best laptop, I would use consumer strategies such as conducting online research, reading reviews, comparing prices and specifications, and seeking recommendations from friends or experts.
Stages of the Buying Process: The stages of the buying process for a laptop would include problem recognition (realizing the need for a new laptop), information search (researching different brands and models), evaluation of alternatives (comparing features, prices, and warranties), purchase decision (selecting and buying the chosen laptop), and post-purchase evaluation (assessing the laptop's performance and satisfaction).
Consumer Protection Agency: In the United States, the Federal Trade Commission (FTC) is the federal consumer protection agency that can handle potential consumer complaints resulting from this laptop purchase. The FTC can investigate deceptive or unfair business practices, provide educational resources, and take legal action if needed.
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Not offering ski equipment in a southern state is an example from what "chunk" of Marketing? a Channel Management b Marketing Information Management c Market Planning d Pricing e Promotion f Selling
Answer:
Market Planning
Explanation:
Marketing Planning are steps taken that consists of market situation analysis, analysis of marketing opportunities information, market and forecast, to develop a bases for objectives to achieve in the market structuring and advancing a marketing approach or strategy. As such the marketing plan are an outline of actions having a strategic base.
Examples of marketing planning includes;
1) Advertisement
2) Cause Marketing, that ties the offered product to a particular social cause or people policy or issue
3) Marketing by word of mouth
4) Marketing on the internet
5) Marketing based on relationship
Which of these methods will remove a custom tab stop?
A. Double-click the tab stop.
B. Triple-click the tab stop.
C. Click and drag the tab stop to the left edge of the Ruler.
D. Click and drag the tab stop off the Ruler.
Answer:
d. Click and drag the tab stop off the Ruler.
Explanation:
HELP PLEASSEE!!
What cultural change is a major driving factor for why the entertainment field is so
competitive in modern times?
A. rising standard of living
B. deterioration of goodwill
C. shrinking reach of companies
D. lower threshold for wear-out
I THINK it's A but i'm not sure
which phase of career development involves determining the steps employees must take to reach their career goals?
Choosing the measures you should take to make your career goal a reality after you've identified it is the process of career planning. To put it another way, it's a strategy that will assist you reach your goal.
What stages should a career go through?In the section titled "About Modern Career Development," there are six steps to developing a modern career: assessment, investigation, preparation, commitment, retention, and transition. We must be conscious of what happens at each level as well as the role that emotions play in job growth as professionals.
Which phase of managing a career is the most crucial?A person's career exploration period often comes to an end once they enter their mid-20s and move from formal schooling to the workforce. Individuals make important decisions about their careers in the early stages of adulthood.
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NEED HELP ASAP PLEASE
please define these words for me
-Right to Redress
-Secure Credit
-Unsecure Credit
-Collateral
-Principal
-Mortgage
-Insurance
HURRY PLEASE
Explain how the U.S. economic system differs from the economic system in Cuba.
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Which one of the following statements is INCORRECT?A) The higher the GDP of a country, the more equal its income distribution.B) The primary sector accounts for a larger share of GDP for LDCs than MDCs.
Answer:
A) The higher the GDP of a country, the more equal its income distribution.
This statement is incorrect. There is no clear correlation between GDP and income distribution.
There are countries with very large GDPs and very unequal income distribution like Brazil, while there are others with large GDPs and very equal income distribution, like Japan.
Others, like the United States, fall somewhere in the middle.
1. You deposit $5000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 35 years?
$________
2. You deposit $400 each month into an account earning 7% interest compounded monthly.
a) How much will you have in the account in 20 years?
$______
b) How much total money will you put into the account?
$___________
c) How much total interest will you earn?
$_______________
3. You have $400,000 saved for retirement. Your account earns 7% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years?
$___________
PLEASE HELP ME IM STRUGGLING IN THIS PLEASE I DON'T WANT TO FAIL. LAST PERSON ANSWERED WRONG PLEASE HELPPP THANK YOU
1. You deposit $5000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 35 years?
The formula for calculating the future value of an annuity is:FV = PMT × (((1 + r)n - 1) / r), where:FV = Future Value of the AnnuityPMT = Amount Deposited each Yearr = Interest Rate Per Periodn = Number of PeriodsFor the given problem, the amount deposited each year (PMT) is $5000, the interest rate (r) is 5% and the number of periods (n) is 35.
We need to calculate the future value (FV) of the annuity.So, we get:FV = $5000 × (((1 + 0.05)35 - 1) / 0.05)FV = $5000 × (((3.386) / 0.05))FV = $5000 × 67.72FV = $338,581.74Therefore, the amount in the account after 35 years will be $338,581.74. 2.
You have $400,000 saved for retirement. Your account earns 7% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years?To find out the amount you can withdraw each month, we can use the formula for Present Value of an Annuity, which is given as:PV = PMT x ((1 - (1 + r)-n) / r), where:PV = Present Value of Annuity
PMT = Amount of each paymentr = Interest rate per periodn = Number of periodsWe are given that the amount in the account is $400,000, the interest rate (r) is 7% and the number of periods (n) is 25 x 12 = 300 months. We need to calculate the amount that can be withdrawn each month (PMT).
So, we get:$400,000 = PMT x ((1 - (1 + 0.07)-300) / 0.07)Simplifying this equation gives:PMT = $400,000 / ((1 - (1 + 0.07)-300) / 0.07)PMT = $2,864.49Therefore, you will be able to withdraw $2,864.49 each month for 25 years.
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To _____ is to modify or improve upon code.
propriate
tweak
kernel
debug
On October 1, 2022, Bramble Company issued an $841000,12%,9-month interest-bearing note. If the Bramble Company is preparing financiai statements at December 31, 2022, the adjusting entry for accrued interest will include a: a) debit to Interest Expense of $25230 b) credit to Notes Payable of $25230. c) credit to Interest Payable of $50460. d) debit to Interest Expense of $37845.
On October 1, 2022, Bramble Company issued an $841000,12%,9-month interest-bearing note. If the Bramble Company is preparing financial statements at December 31, 2022, the adjusting entry for accrued interest will include a debit to Interest Expense of $25230.
Adjusting entries are journal entries made at the end of an accounting period to adjust income and expense accounts to account for transactions that have not been recorded in the accounts. The adjusting entry for accrued interest will be made to recognize the interest expense incurred for the three months between October 1 and December 31, 2022, because the interest-bearing note has a nine-month maturity date. Here, the annual interest rate is 12%, which means the interest rate per month is 1% (12%/12 months).
Therefore, the interest accrued for three months can be calculated as follows:Interest expense = $841,000 × 12% × 3/12= $30,120This amount will be the company's accrued interest as of December 31, 2022. Since the entry requires a debit to the Interest Expense account, the answer is option a) debit to Interest Expense of $25230.
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Describe the steps you would take to prepare yourself for a new job.
Answer:
Tons of research! Make sure to ask questions when employers ask if you have anything you would like to know. Dress appropriately for the job and job requirements and come prepared and try not to use words like "Um" and "I'm not sure" often!
Explanation:
Job prep!
A software company expands its operations into another country. The company swaps some employees between the two office locations. What do you feel will be the benefit to the employees?
Answer: Swapping employees helps promote Cultural Exchange and Networking and leads to Professional/Personal Growth.
Explanation:
A software company expands its operations into another country. The company swaps some employees between the two office locations. Here are some of the benefits to the employees:
Professional development: Employees get the opportunity to work in a different cultural and professional environment, which provides exposure to new technologies, methodologies, and business practices. This can broaden their skill set and enhance their professional, as well as personal development.
Cultural exchange: By working in a different country, employees can experience and learn about a new culture firsthand. They spend time with local colleagues, understand diverse perspectives, and develop cross-cultural relationships.
Expanded network: Swapping employees between office locations allows them to build a wider professional network. They can establish relationships with colleagues from different regions, creating potential future opportunities for collaboration, knowledge sharing, and career advancement.
Increased cultural awareness: Exchanging employees promotes cultural awareness and sensitivity. Employees gain a deeper understanding of cultural nuances, practices, and customs, fostering a more inclusive and diverse workplace culture.
Overall, swapping employees between office locations during a company's international expansion provides opportunities for professional growth, cultural exchange, networking, personal development, and a broader perspective on global business operations.
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in what fundamental ways does activity-based costing differ from traditional costing methods such as job-order costing as described in chapters 2 and 3?
The primary distinction between ABC costing and traditional costing systems is that in traditional costing, all product costs are accumulated and a predetermined overhead rate is calculated.
The fundamental difference between ABC costing and traditional costing systems is that in traditional costing, you accumulate all product costs and create a pre-determined overhead rate.
The burden of the driver is then applied equally to each product. The ABC method, on the other hand, divides each activity into cost pools, or "buckets," and then applies an overhead cost distinctive to each item and determines how much of each activity base, or "driver," it uses. One thing to keep in mind is that, while ABC has multiple rates and the burden differs between methods, they both share the same total overhead.
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What is federal student aid?
Explanation:
The Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile, which is also required by some colleges.
Answer:
The Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile, which is also required by some colleges.
Explanation:
grant, work-study, and loan funds to students attending college or career school.
hope it helps
mark me brainliest pls
Between 2015 and 2016, the country of South Dantoine experienced a growth rate of -0.3%. If nominal GDP had increased by 3.1% and the population growth was recorded as 0.7%, then calculate the annual inflation rate in South Dantoine.
Answer:
inflation rate = 3.41%
Explanation:
real growth rate = (real GDP 2016 / real GDP 2015) - 1 = -0.3%
if we use 2015 as our base year, its real GDP = 100
so 2016 real GDP = 99.7
real GDP is nominal GDP adjusted for inflation:
in this case, 2016 nominal GDP = 100 + nominal growth = 100 + 3.1 = 103.1
GDP deflator = 103.1 / 99.7 = 1.0341
inflation rate = deflator - 1 = 1.0341 - 1 = 0.0341 or 3.41%
Since we are calculating GDP, not GDP per capita, the increase in population is not relevant here.
What was the civil rights organization made up of college and high school students that were known for their non-violent sit-ins, freedom rides, and desegregating lunch counters/restaurants?
The civil rights organization that you are referring to is the Student Nonviolent Coordinating Committee (SNCC).
What is Student Nonviolent Coordinating Committee (SNCC)?The Student Nonviolent Coordinating Committee (SNCC) was a civil rights organization in the United States that was active from 1960 to 1968. It was made up of college and high school students who worked to end racial segregation and discrimination through non-violent means, such as sit-ins, freedom rides, and desegregating lunch counters and restaurants. SNCC played a key role in the Civil Rights Movement, and was known for its grassroots organizing, voter registration campaigns, and its role in the Freedom Summer of 1964. It was one of the major organizations of the movement alongside the Southern Christian Leadership Conference (SCLC) and the Congress of Racial Equality (CORE).
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Imagine you are a training and development specialist.
You are tasked with creating a training workshop about strong meeting facilitation. Create an outline for this workshop.
Include:
Medium: Is your training in-person, webinar, online, or some other method? Objectives: What are your intended outcomes?
Outline: What information topics will you deliver on? What activities will you ask the people in the training to do, individually and in groups? How will the content be organized?
Deliverables: What will you have attendees produce or accomplish by the end of the training to show that they have absorbed the information?
Evaluation: What can you do at the end to measure participants' feelings about the training?
The goal of training session is to provide attendees with knowledge, skills, and understanding that they can apply in their work or personal lives.
What is training?Training is the process of teaching or learning a particular skill, knowledge, or behavior through practice and instruction. In the context of machine learning, training refers to the process of teaching a computer algorithm to recognize patterns and make predictions based on input data. During training, the algorithm is fed a large amount of data, along with the correct outputs, and it adjusts its parameters to minimize the difference between the predicted output and the actual output. This process is repeated over many iterations until the algorithm can accurately make predictions on new, unseen data. Training is a crucial step in developing effective machine learning models and is essential for a wide range of applications, from image recognition and natural language processing to self-driving cars and fraud detection.
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10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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How investment tax credit and employment tax credit can be used to address unemployment?
Answer:
Investment tax credit means that companies will pay less taxes if they invest in new projects. These new projects will need people to work on them for it to be successful. When companies take advantage of investment tax credits therefore and invest, they end up hiring people which would reduce unemployment.
Employment tax credit has a more direct effect on unemployment. It reduces taxes per worker hired so if an employer wants to take advantage of this, they should employ more people which would directly reduce unemployment.
Research has shown that commitment of workers to their companies tended to be higher in countries:
A. higher in individualism and lower in power distance.
B. higher in collectivism and lower in individualism.
C. lower in individualism and higher in power distance.
D. higher in power distance and higher in individualism.
E. higher in collectivism and higher in power distance
Research has shown that the commitment of workers to their companies tends to be higher in countries that are higher in collectivism and lower in individualism (option B).
In particular, the research has found that commitment tends to be higher in countries that are higher in collectivism and lower in individualism.
This means that workers in countries where collectivism is a more dominant cultural value are more likely to have a strong commitment to their companies.Collectivism is a cultural value that emphasizes group harmony and cooperation over individual goals and autonomy. This type of culture is often seen in Asian and Latin American countries. In contrast, individualism is a cultural value that emphasizes individual achievement and autonomy over group harmony. This type of culture is often seen in Western countries.The research has also found that commitment tends to be lower in countries that are higher in power distance. Power distance is a cultural value that refers to the degree to which people in a society accept and expect unequal distributions of power. In countries where power distance is high, workers may feel less committed to their companies because they may feel that their individual contributions are not valued or recognized.In conclusion, the answer to the question is B, higher in collectivism and lower in individualism. Workers in countries where collectivism is a dominant cultural value are more likely to have a strong commitment to their companies.Know more about the collectivism
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Which transaction caused John to overdraw his account?
By examining the financial figures provided above for John's account, it is clear that check no. 410 for $710.49 was the reason for John's account overdraft. As a result, choice (C) is valid.
What does overdrawing an account mean?A transaction in which the account holder is permitted to take more money than the account's actual balance is referred to as an overdraft from the account. The account balance is negative following a transaction that results in an overdraw.
One can clearly infer from the account statement shown above that an overdraw transaction occurred after Check No. 410 for an amount of $710.49 was drawn since the account's balance was negative for the first time.
Hence, Option (C ) is the accurate one.
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Your question is incomplete, probably the complete question is:
Which transaction caused John to overdraw his account?
(A) The Online Bill Payment of $146.67
(B) Check No. 409 for $100
(C) Check No. 410 for $710.49
(D) The Overdraft Fee of $35
1.05 the market place economic
A market economy serves as an economic system in which economic activities is been controlled by individuals.
What is market economy?market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .
This decision could be pricing of goods and services which are been controlled by the interactions of a country's individual citizens.
COMPLETE QUESTION:
Explain market place economy
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what are factors affect demand for labour
The factors that effect demand for labour are:
The quantity of a produt that labor produces
A change in the production process that uses more or less labor
A change in goverment policy that effects the quantity of labor
Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of $26,100, an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
The journal entry to record year 2 double-declining balance depreciation expense for Machine C is: to debit Depreciation Expense - Machine C with $3,768 and credit Accumulated Depreciation - Machine C with $3,768.
The double-declining balance method of depreciation is an accelerated method. It means that the assets are depreciated faster in the initial years and slow down as the asset ages. So, we will have to calculate the depreciation expense using this method before preparing the journal entry.
The formula to calculate double-declining balance depreciation expense is:
Double-declining balance depreciation rate = (1 / Estimated life) × 2 Double-declining balance
depreciation expense = Double-declining balance depreciation rate × Book value at the beginning of the year
Book value at the beginning of the year = Cost - Accumulated depreciation
Year 1: Double-declining balance depreciation rate = (1 / 10) × 2 = 0.2
Double-declining balance depreciation expense = 0.2 × ($26,100 - $0) = $5,220
Accumulated depreciation = $5,220
Book value at the beginning of Year 2 = $26,100 - $5,220 = $20,880
Year 2: Double-declining balance depreciation rate = (1 / 10) × 2 = 0.2
Double-declining balance depreciation expense = 0.2 × ($20,880 - $5,220) = $3,768
The journal entry to record year 2 double-declining balance depreciation expense for Machine C is:
Depreciation Expense - Machine C: Debit of $3,768
Accumulated Depreciation - Machine C: Credit of $3,768
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How does hard work help our economy?
Answer:How important is hard work for avoiding poverty?The phrase, “Pull yourself up by your own bootstraps” is one that is embedded in the American lexicon. As we have discussed in earlier modules, this is often the predominant mind set when it comes to explaining poverty. There is a widespread belief that with hard work and effort, anyone can avoid falling into poverty. In your group, ask yourselves, to what extent do you feel that hard work is sufficient for achieving economic success?The Role of Motivation and Hard WorkIn our research, we have given considerable thought to the role that motivation and hard work plays in getting ahead. In the course of writing Chasing the American Dream, we talked with dozens of people from many walks of life around this topic. Our overall conclusion is that hard work is a necessary but not a sufficient condition for getting ahead. In other words, hard work and effort are generally important ingredients for reaching one’s goals in life, but they do not guarantee success in and of themselves.We can think about this relationship in the following way. It is difficult to imagine individuals doing well in life without a decent amount of effort and work. Even for those born into wealth, hard work and motivation are generally required for reaching one’s goals. And for those starting with much less, hard work and initiative would appear to be essential.On the other hand, we have talked with many people who have worked very hard throughout their adult lives, but have struggled to achieve economic success. During the course of a year, we interviewed women and men who have worked extremely hard but nevertheless found themselves in poverty or close to poverty.A Hard Working ExampleWe asked one such woman who was interviewed for our Chasing the American Dream book about how the general notion of the American Dream stacked up against the economic realities that she had seen.I think for most people it’s sort of a Horatio Alger’s thing of going from rags to riches. That anybody through their own hard work can pull themselves up in this country. But I think a whole lot of people have worked really hard and not been able to pull themselves up.My dad worked really, really hard. And the only reason he had $10,000 in the bank when he died is because his brother died and left him some. And then his house sold for a little over $20,000. And this is from a guy who worked his tail off his whole life long. He had paid employment until after age 80 despite his physical disabilities. So, hard work doesn’t necessarily get you ahead. I know that.We then asked her, “How does this experience affect your sense of fairness?”Well it makes me mad that things are not fair and that we don’t value hard work. And, in fact, one of the surest indicators for how hard you’ll have to work is your income. The people with lower incomes will have to work harder from a standpoint of backbreaking physical labor.You know, I make a lot more money than Elaine Nelson from my church. But she mops floors down at St. Peters Hospital and changes sheets and makes sure that the operating room is sanitary so that people can go home without a staph infection. Her work is really essential, but she’s only making like $9 or $10 an hour to do that kind of work. And I take her to places to get help with her utilities and take her to the food pantry at my church now and then ‘cause she doesn’t have a car. And she’s faced an eviction so many times since I’ve known her.And to me, that’s just so unfair that a person that does really important work that cares for our community… You know, having a safe, clean hospital is a very important thing. Why don’t we reward that adequately? It makes me really mad.Hard Work May Not Be EnoughWhat this woman and many like her discussed in our interviews relates to the fact that there are simply not enough decent-paying jobs to support all Americans. In an earlier module (Module 6) we relied on the analogy of musical chairs to illustrate the mismatch between the number of individuals in need of a decent paying job versus the limited number and availability of such jobs. The result is that for some Americans, no matter how hard they work, they still may not be able to get ahead economically.Do you agree that hard work is a necessary but not a sufficient condition for getting ahead? Can you point to examples of people you know that would confirm this? Are there cases where hard work may not be important in getting ahead? How is this accomplished? Overall, how important is motivation and determination in avoiding poverty? These are some of tque