As the Administrator, I would recommend implementing a workflow automation system within the company's existing software infrastructure.
This system should be capable of monitoring and flagging sales opportunities that exceed a 30% discount threshold, notifying the VP of Sales, and routing the opportunity for their approval. This solution ensures that the VP of Sales is promptly informed about such opportunities and can review and approve them before proceeding with the sale.
As an Administrator at Cloudy Computing, your role is crucial in managing and ensuring the smooth functioning of the company's sales processes. As per the concepts of Sales and Marketing, the solution would be, One specific requirement you have been given is to recommend a solution that ensures the Vice President (VP) of Sales is notified and approves every opportunity with a discount greater than 30%. This is an important measure to maintain control over pricing and discounts while also involving higher-level decision-makers when significant discounts are proposed.
To implement a solution for this scenario, I would recommend leveraging the capabilities of Cloudy Computing's customer relationship management (CRM) software. A CRM system serves as a central hub for managing customer interactions, sales opportunities, and other related activities. Here's how you can configure the CRM system to meet the specified requirement:
Opportunity Management: Set up the CRM system's opportunity management module to capture and track all sales opportunities. Ensure that each opportunity includes fields for discount percentage and approval status.
Discount Threshold Rule: Create a rule within the CRM system that triggers whenever the discount on an opportunity exceeds 30%. This rule should automatically flag the opportunity as requiring approval and notify the VP of Sales. The rule can be configured to send an email or generate a notification within the CRM system to alert the VP of Sales about the specific opportunity.
Approval Workflow: Establish an approval workflow within the CRM system to handle opportunities that exceed the 30% discount threshold. The workflow should route the opportunity to the VP of Sales for review and approval. This can be achieved by configuring the CRM system to assign the approval task to the VP of Sales and sending them a notification.
Approver Notifications: Configure the CRM system to send notifications to the VP of Sales when an opportunity requires their approval. These notifications should include essential details about the opportunity, such as the customer name, proposed discount, and any other relevant information needed for informed decision-making.
Monitoring and Reporting: Regularly monitor the CRM system to ensure that opportunities with discounts greater than 30% are being flagged correctly and routed for approval. Generate reports that provide an overview of such opportunities, their approval status, and any related trends. These reports can help the VP of Sales analyze the discounts being offered and make informed decisions.
By implementing the solution outlined above, you ensure that the VP of Sales is proactively notified and involved whenever an opportunity with a discount greater than 30% arises. This mechanism helps maintain control over pricing and discounts, prevents unauthorized or excessive discounts, and ensures that higher-level decision-makers review and approve significant discount proposals. Remember to adapt the solution to Cloudy Computing's specific CRM system and consult with the appropriate stakeholders to ensure smooth implementation and adherence to company policies.
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Background information: This excerpt describes the United States’ use of economic sanctions against Sudan. It was created by the US Department of the Treasury. According to this text, what action can you assume Executive Order 13067 took? It supplied economic and military aid to the government of Sudan. It imposed trade restrictions on Sudan. It developed a free trade agreement between the United States and Sudan. It created diplomatic relations between the United States and Sudan.
Answer: it imposed trade restrictions on Sudan
Explanation: Sudan was out of control with violating human rights/international terrorism, so the US limited their power by imposing trade restrictions
According to this document, Executive Order 13067 took the action of developing a free trade agreement between the United States and Sudan. Thus, option B is correct.
What is the Executive Order?The Executive Orders (EOs) are formal papers through which the President of the United States administers the Federal Government's activities. The orders cite the President's constitutional and statutory powers.
The White House issues Executive Orders, which are used to command the Executive Branch of the United States Government. Executive Orders provide required requirements for the Executive Branch and have legal force.
Therefore, option B is correct, that the executive order imposed trade restrictions on Sudan.
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Jumbo Airline, a hypothetical company, will purchase 2.5 million gallons of jet fuel in one month and hedges using heating oil futures. Suppose that size of one heating oil futures is unknown. From historical data Op=0.0325, 03= 0.0295, and p=0.908. In addition, the spot price is 1.95 and the futures price is 1.98 (both dollars per gallon). (1) What will be the size of heating oil futures if 4.51 heating oil futures are required for optimal hedge with tailing? (2) What will be the size of heating oil futures if 4.51 heating oil futures are required for optimal hedge without tailing?
The size of heating oil futures if 4.51 heating oil futures are required for optimal hedge with tailing is approximately $0.24 per gallon.
Size of One Contract = (Value of Exposure / Futures Price) / (Correlation Coefficient × Number of jet fuel gallons × Number of futures contracts)
Value of Exposure = Number of jet fuel gallons × Spot price
Value of Exposure = 2.5 million gallons × $1.95/gallon = $4,875,000
Size of One Contract in case of optimal hedge with tailing = ($4,875,000 / $1.98) / (0.908 × 2.5 million × 4.51)
= 0.24$ per gallon
The size of heating oil futures if 4.51 heating oil futures are required for optimal hedge without tailing is approximately $0.24 per gallon.
For the optimal hedge without tailing, we need to consider the Option Delta. The Option Delta is the sensitivity of the option price to changes in the underlying asset price.
Option Delta = Op - Op+1
Option Delta = 0.0325 - 0.0295 = 0.003
Size of One Contract = (Value of Exposure / Futures Price) / (Correlation Coefficient × (Number of jet fuel gallons - Option Delta) × Number of futures contracts)
Size of One Contract = ($4,875,000 / $1.98) / (0.908 × (2.5 million - 0.003) * 4.51) = 0.24$ per gallon
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seedbed preparation
activities
1.cleared the area
All of the following are assumptions of the resource-based model EXCEPT: a. firms acquire different resources and develop unique capabilities based on how they combine and use resources. b. firms' performances across time are due primarily to their unique resources and capabilities rather than the industry's structural characteristics. c. differences in resources and capabilities are the basis of competitive advantage. d. resources and capabilities are highly mobile across firms.
Answer: d. resources and capabilities are highly mobile across firms.
Explanation:
Resource-based theory posits that valuable resources which are difficult to copy are valuable to the success of an organization. Such resources can further develop the capabilities of a firm. In the resource-based model, skilled employees are key to the success of the organization.
A why assumption of this model is that the differences in resources and capabilities bring about competitive advantage.
It should be noted that option D "resources and capabilities are highly mobile across firms" ain't an assumption and is therefore the answer.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?
capital capacity
labor talent
entrepreneurial ability
Answer:
entrepreneurial ability
Explanation:
Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork, risk management, and a sense of responsibility.
Spencer must have Entrepreneurial abilities; that's why the club hired him. The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.
The invisible hand refers to the:__________
a) fact that the U. S. Tax system redistributes income from rich to poor.
b) notion that, under competition, decisions motivated by self-interest promote the social interest.
c) tendency of monopolistic sellers to raise prices above competitive levels.
d) fact that government controls the functioning of the market system
The idea that self-interested actions advance societal interest under competition is known as the "invisible hand." Smith referred to this as the "invisible hand."
What exactly is a business example interest?Protecting an employer's trade secrets or sensitive information, a company's reputation, and potential or existing clients are a few examples of legitimate commercial interests. Protecting an employee from public competition is one thing that doesn't constitute a valid business interest.
Why does interest matter in business?In a market economy, interest fulfils a number of important roles. The most prominent example of this coordination between savers and borrowers is when borrowers are compelled to pay interest so as to loan additional money in order to increase their current spending.
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Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:
Answer: Excessive cost
Explanation:
Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.
Please help me!! I have trying to find the answer but I don’t know it.
Answer:
Math Skills - Nate adds up the hours worked at calculates the amount earned by each of his employees.
Networking Skills - Darrick researches his competitors to find out how much they charge for pet sitting, to make sure he can tell customers that his rates are reasonable.
Listening Skills - Tina interviews potential customers to find out what improvements they think she could make to her product.
Speaking Skills - Diego gives a presentation to a panel of potential investors.
Writing Skills - Vlad makes a flyer that describes his company's products.
Organizational Skills - Maria fills all orders for her unique bracelets within one week.
Developing Respect - Kathleen has lunch with her aunt once a month to get advice and find out about potential investors she could contact.
Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should:
a. maintain a happy and cheerful demeanor.
b. sit down immediately and begin the presentation.
c. All of the answers are correct.
d. say something funny in an attempt to lighten the customer's mood.
e. ask if she should come back some other time for the meeting.
If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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Which of the following is accurate regarding the response of many high-income countries to the economic crises and global recession of 2008-2009? Select the correct answer below: a)Policy efforts were focused on investment in physical capital b)Policy efforts were focused on investment in new technology c)Policy efforts were focused on jump-starting their struggling economies by running very large budget deficits d)Government spending was kept low in order to keep public debt at a manageable level
The accurate response of many high-income countries to the economic crises and global recession of 2008-2009 was that policy efforts were focused on jump-starting their struggling economies by running very large budget deficits.
During the economic crises and global recession of 2008-2009, many high-income countries implemented expansionary fiscal policies to stimulate their economies. These policies involved running large budget deficits, increasing government spending, and providing stimulus packages to boost economic activity. The focus was on jump-starting the struggling economies by injecting significant funds into various sectors and supporting employment. The objective was to increase aggregate demand, promote economic growth, and mitigate the impact of the recession.
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the difference between the differentiating stage and the terminating stage in knapp’s relationship termination model is _____.
The difference between the differentiating stage and the terminating stage in Knapp's relationship termination model is the intention to separate.
In Knapp's relationship termination model, the differentiating stage refers to the phase in which individuals in a relationship begin to emphasize their differences and distinct identities. They may start to prioritize their individual needs and interests over those of the relationship. However, at this stage, the intention to separate or end the relationship may not be present.
On the other hand, the terminating stage in Knapp's model is characterized by the intention to end the relationship and the actual process of separation. During this stage, individuals may experience a range of emotions, such as sadness, anger, or relief, as they navigate the ending of the relationship. Communication and closure become important aspects of the terminating stage, as individuals seek to resolve conflicts, tie up loose ends, and move forward in their lives without the relationship.
In summary, while the differentiating stage involves emphasizing differences without the intention to end the relationship, the terminating stage entails both the intention and the process of separating.
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What is a product mix?
Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.
For example, your company may sell multiple lines of products.Or your product lines may be vastly different, such as diapers and razors.
Maxim manufactures a hamster food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The variable production costs per bag are $1.80 and total fixed costs are $10,000. The hamster food can be sold as it is for $9.00 per bag or be processed further into Premium Green and Green Deluxe at an additional cost. The additional processing will yield 10,000 bags of Premium Green and 3,000 bags of Green Deluxe, which can be sold for $8 and $6 per bag, respectively. Assuming Maxim further processes Green Health further into Premium Green and Green Deluxe, revenue from the two products would be:
Answer:
$98,000
Explanation:
Calculation to determine the revenue from the two products would be:
Revenue if processed further:
Premium Green $80,000
(10,000 bags * $8 per bag) $80,000
Add Green Deluxe (3,000 bags * $6 per bag) $18,000
Total revenue if processed further $98,000
($80,000+$18,000)
Therefore the revenue from the two products would be:$98,000
you are trying to decide whether or not to sell back your accounting textbook at the end of the class. the cost you paid for the book is not relevant to your decision.
The cost you paid for the accounting textbook is not relevant to your decision of whether or not to sell it back at the end of the class.When deciding whether to sell back a textbook, the relevant factors typically include the current market value of the book, the likelihood of needing it for future reference, and the potential resale value.
The original cost you paid for the book is a sunk cost and does not impact your decision-making process.Sunk costs are costs that have already been incurred and cannot be recovered. In this case, the money you spent on purchasing the textbook is a sunk cost because it has already been paid and cannot be retrieved. Your decision should be based on the current factors and potential benefits rather than the past cost.
Considering the current market value, your need for the textbook in the future, and the potential resale value will help you make a more informed decision. You should evaluate whether selling back the textbook is financially advantageous and aligns with your future needs.
The cost you paid for the accounting textbook is not relevant to your decision because it is a sunk cost. Instead, consider factors such as the current market value, future need, and potential resale value when deciding whether or not to sell it back at the end of the class.
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define economics according to adam Smith .
Smith defined economics as “an inquiry into the nature and causes of the wealth of nations.”
Case study you must find a solution to this issue or challenge regarding Industrial Internet of Things The context Here is the case in question. The pharmaceutical company PROTECTME manufactures vaccines for the Canadian population and wishes to significantly increase the performance of its laboratory in order to better respond to the government's demand and to win future tenders The PROTECTME laboratory is currently running at 90% of its production capacity. lorder to remain effective, vaccines must be stored at the correct temperature, between 2°C and 8°C. Vaccines are as sensitive to heat as they are to freezing they should not be stored in a refrigerator. The cold chain must be respected at every stage of the process, from the production of the vaccine to all successive phases of storage and transport, right up to its use The supply chain consists of 0 steps (simplified process) 1. Antigen development in the laboratory 1 2. Transport to the main laboratory 3. Vaccine manufacturing and batch assembly 4. Storage awaiting delivery 5. Transport to injection centers 6. Final quality control and batch approval The Challenge Although the PROTECTME laboratory is maximized in terms of production, only 55% of the doses manufactured can be administered, as a Joce number of them are destroyed during one of the multiple steps of the quality control process PROTECTME wants to implement a more efficient temperature control solution throughout the supply chain, from the antigen development laboratory to the injection centers, including all processing steps PROTECTME wants to ensure a better traceability of products and batches and to be alerted as soon as possible of any temperature deviation at any point in the supply and production chain. QUESTIONS: Using the knowledge gained on Internet of Things and Industrial Internet of Things technologies, what solution could you recommend to PROTECTME? Case study What investments (CAPEX and OPEX-Infrastructure, hardware, and services) will PROTECTME need to consider in order to implement the proposed solution as quickly as possible? What are all the benefits of implementing the solution you propose, both at the operational and societal levels? Can the proposed solution be extended and used for other purposes, to improve other aspects of the business?
address the challenges faced by PROTECTME in ensuring efficient temperature control and traceability throughout vaccines their supply chain, a recommended solution is the implementation
Industrial Internet of Things system. This solution involves deploying temperature sensors, data loggers, and connected devices at key points in the supply chain, including production, storage, and transportation stages. These devices would collect real-time data on temperature conditions and transmit it to a centralized monitoring system. The monitoring system would utilize advanced analytics and machine learning algorithms to analyze the temperature data and identify any deviations from the desired range. In the event of a temperature deviation, automated alerts would be sent to relevant personnel, enabling them to take immediate corrective actions to prevent spoilage of vaccines. The investments required for implementing this solution would include:. This would enhance overall vaccine safety and public trust. Furthermore, the proposed IIoT solution can be extended and utilized for other purposes within the business. vaccines For instance, the real-time monitoring and analytics capabilities can be leveraged for predictive maintenance of equipment, optimizing energy consumption, and streamlining overall operations. By integrating additional sensors and data sources, PROTECTME can gain further insights into their manufacturing processes and drive continuous improvement initiatives.
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When the president of Smithson Corp. proposed a new product for launch, his board of directors readily accepted his proposition without considering the risks. This is an example of _____.
If the board of directors readily accepted his proposition without considering the risks. This is an example of groupthink.
What is groupthink?Groupthink occur when a group of people tend to all accept a conclusion or an opinion that was made without considering whether the viewpoint they accepted was risky or good.
Based on the given scenario the board of directors accepting the new product that was independently proposed by the president without considering the risks is an example of groupthink.
Inconclusion If the board of directors readily accepted his proposition without considering the risks. This is an example of groupthink.
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What are some of the issues that arise in evaluating and maintaining control over foreign operations? Multiple Choice
A. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency Management of new company is difficult
B. Deciding whether to factor out of the performance measure items over which the foreign operation’s manager has no control
C. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency and
D. whether to factor out of the performance measure items over which the foreign operation’s manager has no control
Answer:
B. Deciding whether to factor out of the performance measure items over which the foreign operation’s manager has no control
C. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency and
Explanation:
Foreign operations refer to an entity that could be in terms of an associate, subsidiary, jointly controlled in which the activities are based in a country irrespective of the entity i.e. reported
Therefore in the given case, the issued can be with the performance measures that have no control and it should depend upon the parent company in which the currency is reported
Hence, the correct option is B and C
Which of the following is not an example of professional behavior
?
URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
A ___________ is an organization that links buyers and sellers in different countries but is not involved in manufacturing.
a) trading company
b) exporter
c) joint venture
d) strategic alliance
e) licensee
The correct answer is (a) trading company.
A trading company is an organization that serves as an intermediary between buyers and sellers in different countries. It facilitates international trade by connecting buyers and sellers but does not engage in the manufacturing process itself.
Trading companies typically specialize in importing goods from one country and exporting them to another.
These companies play a crucial role in global trade by leveraging their expertise in market research, logistics, and distribution to bridge the gap between buyers and sellers in different regions.
They handle the sourcing, negotiation, and transportation of goods, ensuring smooth transactions between parties.
Trading companies often have a deep understanding of international markets, cultural differences, and regulatory requirements.
They help businesses overcome barriers to trade and mitigate risks associated with cross-border transactions.
By facilitating trade and connecting global markets, trading companies contribute to the growth of international commerce and the expansion of economic opportunities for both buyers and sellers.
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What is a franchise business?
Why might a traditional bank still be a more popular option versus an alternative source of funding?
Traditional banks can maintain their hobby costs low because they reduce their chance via investment in much less risky organizations, those that have a sturdy non-public credit score rating and a history of making bills on time.
Traditional banks can maintain their interest quotes low because they decrease their chance by way of funding much less unstable businesses, those that have a sturdy personal credit score and a history of making payments on time.
Clean to manipulate coin deposits with the aid of going to a local department. speedy coins withdrawals from department ATMs, drive-thru, or in the branch with few boundaries.
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*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U.S. exports is lower than the value of the
country's imports.
O C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy.
Answer:
O A. A factory in Vietnam can produce more shoes than other
countries.
Explanation:
Absolute advantage is the capability of a commercial entity to produce goods using fewer resources compared to rivals. Using the same inputs, an entity with an absolute advantage produces a larger output compared to competitors. It means the firm has a lower marginal cost of production. Therefore, its products will have the lowest prices in the market.
The factory in Vietnam has an absolute advantage in producing shoes. It is using fewer resources than rivals to manufacture shoes, that why it is producing a higher quantity.
The following are all machine safeguarding requirements except:
a) Cannot create a new hazard
b) Must stop worker from making contact with any hazardous moving parts
c) Cannot hamper a worker from performing a job quickly and comfortably
d) Must prevent workers from lubricating a machine without removing the safeguard
Answer:
d) Must prevent workers from lubricating a machine without removing the safeguard
Explanation:
As much as possible, the safeguard should allow safe lubrication. One should be able to service and lubricate the machine without having to remove the guard. Positioning the oil reservoirs far from the guard reduces the maintenance worker's need to go near the danger area.
Removing the safeguards before maintenance may increase the machine's danger, especially if the maintenance worker is a contractor.
Answer:a
Explanation:
How much yearly revenue does soccer brings in?
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
QUESTION 1 of 10: True or False: Letting employees fail actually contributes to the success of the business.
a) True
b) False
Answer:
True
Explanation:
By failing you learn from your mistakes, and it's just overall good to fail, the more you fail the more you learn and learn not to repeat it.
An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answer:
underutilized
Explanation:
Many workers do not have to drive to an office location. Their offices may be located in their homes. These workers are known as _____.
Answer:
telecommuter
Explanation:
A person who telecommutes is known as a "telecommuter", "teleworker", and sometimes as a "home-sourced", or "work-at-home" employee. A telecommuter is also called a "telecommuting specialist", as a designation and in a professional context.