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77julia77 [94]
2 years ago
9

Squeaky Clean Car Wash has a goal of increasing its repeat customers by 30% over the next year. It began by looking at ways to s

upport this goal and discovered there is a high turnover rate for wash attendants. This is a weakness, as customers rarely see a familiar face to continue a relationship with on return trips. Another discovery is that a new car wash has opened two blocks away with additional services like a frequent cleaner card. Squeaky Clean has just conducted a:(A) mission statement analysis(B) marketing objective analysis(C) situation analysis
Business
1 answer:
Alex_Xolod [135]2 years ago
3 0

Answer:

C) situation analysis

Explanation:

Situation Analysis are methods used by managers to evaluate their internal and external environment to understand challenges faced by the business, and opportunities to exploit.

At Squeaky Clean was a situation analysis was done and it was discovered that high turnover of wash attendants was affecting customer confidence in their business (internal environment).

Also a competitor had an additional service, that is frequent cleaner card (external environment).

The management will use this information to better serve their customers, so that they would achieve their goal of increasing its repeat customers by 30% over the next year.

You might be interested in
Windsor, Inc. took a physical inventory on December 31 and determined that goods costing $222,500 were on hand. Not included in
katen-ka-za [31]

Answer:

December 31 Ending Inventory   $ 255500

Explanation:

Windsor, Inc.

December 31 Physical inventory on hand $222,500

Add goods sold to Metlock, Inc. for $33,000

December 31 Ending Inventory   $ 255500

Purchases in transit are not included in the inventory unless received.

Sales in transit are included in the inventory .

The goods sold are the seller's inventory unless received by the purchaser.Similarly purchases in transit are not included in the inventory evaluation.

3 0
2 years ago
A regional car dealership began running mass marketing TV advertisements emphasizing its high-end luxury vehicles. The region th
miss Akunina [59]

Answer:

a. the advertisements wasted money and time because they were not targeted properly

Explanation:

The advertisement is not well targeted, with the increased unemployment in this region and the fact that the major source of economic wealth ( the beer manufacturer) has been bought and relocated, means the economy is not well profiled for the luxury cars that are advertised.

The company should first of all do it's research to gauge how well profiled the residents of the economy is to their products.

Ideally the target if the advertisement should be a thriving economy where there is excess cash to purchase luxury goods.

6 0
2 years ago
In a manufacturing company as many as 100 labourers are working in the production department.
snow_tiger [21]

Answer:

On one hand, the principle of management which is being ignored in this case is that of Unity of Command.

Explanation:

The principle of Unity of Command stipulates all staff or employee, for sakes of clarity and avoidance of confusion, an abiguity, should take instructions from only one boss or line manager.

On the other hand, the principle of management that is being followed in the above case is that of Taylors Functional Foremanship.

The practice of this technique requires that planning and execution be seperated according to areas of specialisation. Specialisation is the primary logic or argument in the Taylors Functional Foremanship principle. Taylors advocates that each foreman needs to be highly proficient, possess special know-how and be capable of directing the staff with high exuberance and tact.

Cheers!

8 0
2 years ago
A firm selling its product for $25,000 has overproduced, increasing inventory by 40,000 units at a cost of $15,000 per unit. Wha
mario62 [17]

Answer:

Increasing Inventory by 40,000 units at a cost of $15,000 per unit

The Cost of producing 40,000 units extra = $40,000 *$15,000 = $600,000,000

Conclusion: As this is an additional cost incurred by the firm by increasing inventory by 40,000 unit at $15,000 per unit, it will be term as cash outflow.  The impact of the inventory change on cash flow is outflow.

8 0
2 years ago
Holbrook, a calendar year S corporation, distributes $51,700 cash to its only shareholder, Cody, on December 31. Cody's basis in
vfiekz [6]

Answer;

AAA account balance after distribution was 0

AEP account balance after distribution was 0

Cordy account balance after distribution was $18,095

Explanation:

Holbrook corporation

From AAA account

Distribution from AAA account 8,000 not taxable

Effect on stock basis (8000)

Balance after distribution 0

From AEP account

Distribution from account 7,755 is a taxable dividend, in which it doesn't affect stock basis because it is from a previous S-corporation.

Effect on stock basis 0

Balance after distribution 0

From Cody’s stock basis

Distribution from account 20,680

(51,700-23,265-7,755)

Effect on stock basis (20,680)

Balance after distribution

(62,040-23,265-20,680)= $18,095

6 0
2 years ago
Read 2 more answers
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