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The company was founded in 1954 by V.L. Smithers in Kent, Ohio after he developed a water absorbent foam to use in floral arrangements. Since then, other products have been developed including floral accessories, cellular growing media, and post-harvest plant products.
Tying (informally, product tying) is the practice of selling one product or service as a mandatory addition to the purchase of a different product or service.In legal terms, a tying sale makes the sale of one good (the tying good) to the de facto customer (or de jure customer) conditional on the purchase of a second distinctive good (the tied good).
On 26 January 1959 the serving members of the RHS Flower Arrangement Committee agreed to form a Caretaker Committee under the proposed name, The National Association of Flower Arrangement Societies of Great Britain (NAFAS). They had three immediate tasks: to draft a constitution, to accumulate funds and to set up a central administration.
[2] [6] The "discount rate" is the rate at which the "discount" must grow as the delay in payment is extended. [7] This fact is directly tied into the time value of money and its calculations. [1] The present value of $1,000, 100 years into the future. Curves representing constant discount rates of 2%, 3%, 5%, and 7%
The chief floral designer heads the White House Flower Shop in the White House basement.The chief floral designer leads a staff of four assistant designers and works with the first lady, chief usher, and White House social secretary to plan arrangements and decorations for state dinners, receptions, and day-to-day placement throughout the ceremonial rooms and Executive Residence.
Artificial plants are imitations of natural plants used for commercial or residential decoration. They are sometimes made for scientific purposes (the collection of glass flowers at Harvard University , for example, illustrates the flora of the United States). [ 1 ]
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