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trapecia [35]
2 years ago
13

Select a business/company that you feel does not understand the psychology of waiting and provide examples in their process wher

e they could manage the customer's perception of waiting better using the article's. The examples you provide must be linked to a principle from the Norman and Maister's articles. Provide 3 examples along with the corresponding principle from the psychology of waiting articles. Instructions: Number each example and separate each example with a blank line. Start your answer with the business name (must be a real business e.g. McDonald's, Starbucks, Harkins, Macy's, Nike, etc.) and then follow with the 3 examples. Each example should briefly describe how they don't manage waiting and the principle it links to (3-4 sentences). All principles can be found in the as answers in the matching questions. You should not use any businesses listed in the articles in your example, even if the business is quoted in the article for a different principle than the one you are referring to.
Business
1 answer:
kramer2 years ago
5 0

Answer:

Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :  

a) Uncertain Waits Are Longer than Explained Waits - There is no clarification or sureness with respect to how a lot of time it will take for the espresso or your refreshment to be conveyed while you are in that line. This is questionable as the client's before you would request mass requests which may take additional time than only one espresso. In this way, these holds up are questionable.  

b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.  

c) Individual Waits Feel Longer than Group - Now very likely in a line, we will have people who are standing by solo for their request in the line. In this manner, the performance hold up will feel longer than holding up in an organization of companions or additionally little converses with outsiders or conveying here and there. In this manner, the issue of solo holding up is a distress and it remains.

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Three mutually exclusive design alternatives are being considered. The estimated sales and cost data for A B C Investment cost $
forsale [732]

Answer:

Alternative B has a higher annual worth          

Explanation:

project                              A                     B                     C

initial outlay               $30,000         $60,000        $50,000

units sold                     15,000            20,000           18,000

selling price                 $3.50               $4.40             $4.10

var. costs                        $1                   $1.40              $1.15

fixed expenses          $15,000          $30,000        $26,000

salvage value                $0               $20,000         $15,000

useful life                   10 years          10 years          10 years

contribution                $2.50               $3                   $2.95

margin per unit

NCF 1 - 9                    $22,500         $30,000         $27,100

NCF 10                       $22,500         $50,000         $42,100

annual worth A = [-$30,000 x .2385 (A/P, 20%, 10 years)] + $22,500 = $15,345

annual worth B = [-$60,000 x .2385 (A/P, 20%, 10 years)] + $30,000 + [$20,000 x .0385 (A/F, 20%, 10 years) = $16,460

annual worth C = [-$50,000 x .2385 (A/P, 20%, 10 years)] + $26,000 + [$15,000 x .0385 (A/F, 20%, 10 years) = $14,652.50

6 0
2 years ago
Dodge Ball Bearings had sales of 15,000 units at $45 per unit last year. The marketing manager projects a 30 percent increase in
Leona [35]

Answer:

Net dollar sales projection for this year is $645,840.

Explanation:

Last year = 15,000 units

Price = $45

Projected:

Sales = 15000 units x ( 1 + 30%) = 15000 units x ( 1 + 0.30) = 15000 units x 1.30 = 19,500 units

Price = $45 x ( 1 - 20%) = $45 x ( 1 - 0.20) = $45 x 0.80 = $36

Total Sales Projection = 19,500 x $36 = $702,000

Returned Marchandise = $702,000 x 8% = $56,160

Net Sale = Total Sales - Returned Marchandize = $702,000 - $56,160

Net Sale = $645,840

6 0
2 years ago
Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Variable cost is 35% of the sales price; con
Maksim231197 [3]

Answer:

=$246,000

Explanation:

Intended sales 3500 units

Selling price =$60

variable costs 35% of sales price is 35/100 x 60= $21

Contribution margin is 65% of sales price = 65/100 x 60 = $39

Fixed costs =$78,000

Sales revenue to make $81,900 will be

operating income = total contribution margin -Fixed costs

$81,900 = TCM - $78,000

TCM = $81,900 +78,000

TCM= 159,900

TCM is a product of contribution margins and sales units

159,900 =$39 x sales units

sales units = 159,000/ $39

sales units = 4,100

sales revenue = sales units x selling price

=$60 X 4100

=$246,000

4 0
2 years ago
Imagine two cities, Hometown and Visitorsville, where the rich, middle, and poor income recipients in one city have annual incom
Grace [21]

Answer:

The answer is letter A.

Explanation:

The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.

6 0
2 years ago
Under its executive stock option plan, National Corporation granted 15 million options on January 1, 2021, that permit executive
IrinaK [193]

Answer:

Compensation expense for 2022 and 2023 are $12 million and $16 million respectively.

Explanation:

Total compensation expenses = Number of options × Option fair of value = 15 million × $4 = $60 million

Number of years the option is allowed to be exercised = January 1, 2021 to December 31, 2023 = 3 years

Annual compensation expenses = Total compensation expenses ÷ Number of years the option is allowed to be exercised = $60 million ÷ 3 = $20 million

That shows that $20 million is recognized as compensation expenses in 2021.

As there is a 20% forfeiture of the options due to an unexpected turnover, total compensation expenses reduces to:

New total compensation expenses = $60 million × (100% - 20%) = $48 million

Accumulated expenses in 2022 = ($48 million ÷ 3) × 2 = $32 million

Compensation expenses recognized in 2022 = Accumulated expenses in 2022 - Compensation expenses already recognized in 2021 = $32 million - $20 million = $12 million

Compensation expenses recognized in 2023 = $48 million ÷ 3 = $16 million

Therefore, compensation expense for 2022 and 2023 are $12 million and $16 million respectively.

5 0
2 years ago
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