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S_A_V [24]
2 years ago
15

BigFive Inc. has been known for its excellent customer service since its start more than 40 years ago. The company carefully sel

ects employees based on their combination of skills and commitment to the company's values of service and quality. How does BigFive's selection process contribute to the company's high performance?A. BigFive's selection process avoids the use of psychological testing.
B. BigFive focuses on outcomes that can be defined in specific terms.
C. BigFive can benefit from the use of teamwork and employee empowerment.
D. BigFive's employees have more technical skills than competitors' employees have.
E. BigFive's employees not only know how to do their work but also are enthusiastic and committed.
Business
1 answer:
Angelina_Jolie [31]2 years ago
8 0

Answer: The correct answer is "E. BigFive's employees not only know how to do their work but also are enthusiastic and committed.".

Explanation: The BigFive Inc company, when selecting employees carefully emphasizing the search for skills and above all commitment to the values of customer service and quality of the company, in the long term it was highly benefited since its employees are trained according to the culture Organizational of the company and they not only know how to do their job, but they are also excited and committed.

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Firms such as IKEA and The Home Depot are known for their use of __________ because they set reasonably low prices but still off
Maslowich

Answer:

b. value-based pricing

Explanation:

Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.

In the question  mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.

7 0
2 years ago
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True or false: the market for tomatoes does exhibit the two primary characteristics that define perfectly competitive markets.
Alenkinab [10]
True - The tomato exhibits characteristics of a perfectly competitive market. Firstly, it is made up of many buyers and sellers. Secondly, all firms that partake in the trade do not control the market. Instead, they are price takers. As such, they sell tomatoes according to the prevailing market prices per unit of tomatoes. All firms also have a relatively small market share. 
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2 years ago
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According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the le
Alina [70]

Answer:

According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the length of time he or she plans to hold the stock.

A. True

Explanation:

The DCF (Discounted Cash Flow) method of stock valuation is based on the assumption of the time-value of money.  This approach considers that the cash flow that is received today is much more than the same amount of cash flow received any other time in the future.  And the time of the future receipt or payment affects the amount of the cash flow, with decreasing consequences based on increasing time into the future.

3 0
2 years ago
As Jaime was packing to return to college after his summer vacation, he realized that he owned many valuable things such as a la
TEA [102]

Answer:

Assets

Explanation:

Assets refer to an item of property owned by a person or company which is regarded as value and available to meet commitments, debts etc. So here you can say jaime's laptop computer, speaker system and blu ray player are his assets

8 0
2 years ago
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Which of the following describes the effect of the business cycle on the inflation rate and the unemployment rate? A. The unempl
Pani-rosa [81]

Answer:

The correct answer are option D for both questions.

Explanation:

Recessions is characterized with decrease in consumer and investment spending. During recessions there is a decline in inflation rate and the unemployment rate increases.

While during expansion, there is a boost in economy. So, with increase in investment and production, the unemployment rate falls. There is a rise in inflation rate as well.

Though even in the stages of recovery, the unemployment rate continues to increase because some firms are pessimistic and are operating below their capacity. Also, the rate of growth of labor force is higher than rate of employment growth, which leads to increase in unemployment.  

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2 years ago
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