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AleksandrR [38]
2 years ago
6

A group of young patrons come into the venue after a sports event. They are loud and excited, celebrating a win for their team.

Some of the patrons seem as though they have already been drinking, and the other patrons in the venue have noticed this group.
A) How do you respond to these patrons? Issue the group with a warning to make sure they know the type of behaviour that the venue expects.
B) One of the patrons comes to the bar to order a few jugs of pre-mix alcoholic drinks for the group. Refuse service to the patron and explain why serving alcohol in this manner is irresponsible.
C) The patron is not happy that you have refused him service and he pressures you to serve the group the jugs of alcohol. More of the patron’s friends come over to the bar and start to make a scene, talking loudly for the rest of the venue to hear. D) How do you respond to this?
E) After you ask some of the patrons to leave the venue, others from the group start to get upset. They are getting more aggressive and you do not think you can handle the situation on your own. How do you respond to this?
Business
1 answer:
love history [14]2 years ago
7 0

The correct answers to these open questions are the following.

A) How do you respond to these patrons? Issue the group with a warning to make sure they know the type of behavior that the venue expects.

I would say something like this:

<em>"Good evening gentlemen. Welcome to our place. A pleasure to serve. I would like to kindly ask you, gentlemen, to do not get too loud to respect our other patrons in the room." </em>

B) One of the patrons comes to the bar to order a few jugs of pre-mix alcoholic drinks for the group. Refuse service to the patron and explain why serving alcohol in this manner is irresponsible.

I would say something like this:

<em>"Sir, with the utmost respect I have to tell you that this place has the policy to refrain to serve alcohol to patrons that do not order food. SO I ask you to understand this policy."</em>

C) The patron is not happy that you have refused him service and he pressures you to serve the group the jugs of alcohol. More of the patron’s friends come over to the bar and start to make a scene, talking loudly for the rest of the venue to hear. D) How do you respond to this?

I would say something like this:

<em>"Gentlemen, please, there is no need to behave like this. I am very respectful to you and offering a reasonable explanation. I again. please, calm down, or I would be forced to call security. There is no need to make this bigger. So please, calm down. Let me offer you some special non-alcoholic cocktails. It's on the house."</em>

E) After you ask some of the patrons to leave the venue, others from the group start to get upset. They are getting more aggressive and you do not think you can handle the situation on your own. How do you respond to this?

I would ask for the presence of our security ways and at the same time call the police and inform them about the situation. I wouldn't do this because I would be handling the situation. Previously, as part of pour systems and procedures, a member of my team would take these considerations and know that when a situation like this is presented, he/she knows what to do and take care of contacting security, and if things get worse, the police.

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After reading the article, select the statements that are correct. Choose one or more: A. The cost-of-living adjustment for 2020
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Answer:

  • B. The former program trustee argues that the current inflation measure overcompensates seniors since it ignores the substitution effect.
  • C. According to advocates for seniors, the 2020 COLA is not enough to compensate for rising healthcare costs.
  • D. Elizabeth Warren has proposed using a new inflation measure that outpaces the current one used.

Explanation:

The article is, ''<em>Social Security checks to rise modestly amid push to expand benefits '' </em>by<em> Associated Press. </em>

Blahous is a former program trustee who believes that the current inflation adjustment rate at which Social security is increasing is overcompensating seniors because it does not take into account that seniors could be switching to buying cheaper products which is the Substitution effect.  

Advocates and the seniors themselves have complained that the 2020 COLA is not enough to meet their current needs especially given the rising cost of healthcare.

Elizabeth Warren and Bernie Sanders both proposed using a new measure for inflation that will adequately compensate the seniors because it outpaces the current one used.

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On October 31, 2021, the bank statement for the checking account of Blockwood Video shows a balance of $12,818, while the compan
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Answer:

Explanation:

Bal as per cash book. $12,326

Add:

outstanding chq. $1,225

Overstated expenses. $27

Unknown credit. $566

Less:

Uncredited cash. $780

Direct debit. $449

Bank charges $23

Bank charge. $74

Bal in bank statement. $12,818

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2 years ago
Siemens AG invests €80,000,000 to build a manufacturing plant to build wind turbines. The company predicts net cash flows of €16
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Answer:

a) the payback period of this investment = 5.00 years

b) Net Present Value is €11,945,600    

Explanation:

From the given information:

a)

The payback period of this investment is determined by using the formula:

Payback Period = Cost of investment/ annual net cashflow

Payback Period = €80,000,000/€16,000,000

Payback Period = 5.00 years

Thus; the payback period of this investment = 5.00 years

b)  What is the net present value of this investment?

The net present value of the investment is computed in the table below        

                    interest rate of return i = 8%

                    no of year n = 8 years

The PV factor is for 8 years and 8% is:

Year         8% factor rate

1               0.9259

2               0.8573

3               0.7938

4               0.7350

5               0.6806

6               0.6302

7               0.5835

<u>8               0.5403</u>

<u>                  5.7466</u>

Cash Flow    Select Chart       Amount    ×   PV Factor =   PresentValue

Annual          Table B1            16,000,000 ×   5.7466    = 91,945,600

CashFlow      (Using Excel)                          

Net Cash

Inflow                                                                                  91,945,600

Less:

<u>Investment                                                                          80,000,000       </u>

Net Present                                                                           11,945,600            

Value

<u>                                                                                                                        </u>

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2 years ago
Discovering data-based trends by analyzing sequences of data over successive times to not only recognize the data pattern but fo
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Answer:

c. Time series analysis

Explanation:

Time series analysis is a type of technique used in statistics to analyse data that are based on time and current happenings. Such data are time and period based.

There are 3 types of time series analysis data.

a. Pooled data.

b. Cross section data.

c. Time series data.

Time series analysis helps to determine seasonal variance, trends and future forecast.

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Each of 16 students measured the circumference of a tennis ball by four different methods, which were:
antoniya [11.8K]

Question Continuation

a. Compute the mean measurement for each method.

b. Compute the median measurement for. each method.

c. Compute the 20% trimmed mean measurement for each method.

Answer:

a. Mean

Mean A = 22.675

Mean B = 20.71875

Mean C = 21.0125

Mean D = 20.86875

b. Median

Median A = 23.45

Median B = 20.45

Median C = 21.0

Median D = 20.7

c. 20% Trimmed Mean

Trimmed Mean A = 23.14

Trimmed Mean B = 20.73

Trimmed Mean C = 21.04

Trimmed Mean D = 20.75

Explanation:

a.

Mean = Σx/n

Where Σx= Summation of entries in each method

n = 16

Mean of Method A = (18.0 + 18.0 +18.0 + 19.0 + 22.0 + 22.0 + 22.5 + 22.9 + 24.0 + 24.0 + 25.0 +25.0 + 25.0 + 25.0 + 26.0 +26.4)/16

Mean A = 362.8/16

Mean A = 22.675

Mean of Method B = (18.8 + 18.9 + 18.9 + 19.8 + 20.1 + 20.4 + 20.4 + 20.4 + 20.6 + 20.5 + 21.2 + 21.9 + 22.0 + 22.0 + 22.0 + 23.6)16

Mean B = 331.5/16

Mean B = 20.71875

Mean of Method C = (20.2 + 20.5 + 20.5 + 20.7 + 20.8 + 20.9 + 21.0 + 21.0 + 21.0 + 21.0 + 21.0 + 21.5 + 21.5 + 21.5 + 21.5 + 21.6)/16

Mean C = 336.2/16

Mean C = 21.0125

Mean of Method D = (20.0 + 20.0 + 20.0 + 20.2 + 20.2 + 20.5 + 20.5 + 20.7 + 20.7 + 20.7 + 21.0 + 21.5 + 21.5 + 21.6 + 22.1 + 22.3)/16

Mean D = 333.9/16

Mean D = 20.86875

b.

Median is the number(s) at the middle

Since the total number of points for each method is 16 and this is an even number we need to calculate the median as the average between the 8th and the 9th position of the data ordered from the smallest to the largest. If we do this we have that:

Method A

Arranged Data: 18.0, 18.0, 18.0, 19.0, 22.0, 22.0, 22.5, 22.9, 24.0, 24.0, 25.0, 25.0, 25.0, 25.0, 26.0, 26.4

The 8th and 9th data are: 22.9 and 24.0

Median = (22.9 + 24.0/2

Median = 46.9/2

Median A = 23.45

Method B

Arranged Data: 18.8, 18.9, 18.9, 19.8, 20.1, 20.4, 20.4, 20.4, 20.5, 20.6, 21.2, 21.9, 22.0, 22.0, 22.0, 23.6

The 8th and 9th data are: 20.4 and 20.5

Median = (20.4+20.5)/2

Median = 40.9/2

Median B = 20.45

Method C

Arranged Data: 20.2, 20.5, 20.5, 20.7, 20.8, 20.9, 21.0, 21.0, 21.0, 21.0, 21.0, 21.5, 21.5, 21.5, 21.5, 21.6

The 8th and 9th data are: 21.0 and 21.0

Median = (21.0 + 21.0)/2

Median = 42.0/2

Median C = 21.0

Method D

Arranged Data: 20.0, 20.0, 20.0, 20.2, 20.2, 20.5, 20.5, 20.7, 20.7, 20.7, 21.0, 21.5, 21.5, 21.6, 22.1, 22.3

The 8th and 9th data are: 20.7 and 20.7

Median = (20.7+20.7)/2

Median = 41.4/2

Median D = 20.7

c.

The trimmed mean by 20% means that we'll calculate mean by removing the 20% from each of the tails.

20% of 16 = 3.2 (Approximated to 3)

So we need to remove 3 observations from both ends of the data.

Method A becomes

19.0, 22.0, 22.0, 22.5, 22.9, 24.0, 24.0, 25.0, 25.0, 25.0

Trimmed Mean A = (19.0+22.0+22.0+22.5+ 22.9+24.0+24.0+25.0+ 25.0+ 25.0)/10

Trimmed Mean A = 231.4/10

Trimmed Mean A = 23.14

Method B becomes

19.8, 20.1, 20.4, 20.4, 20.4, 20.6, 20.5, 21.2, 21.9, 22.0

Trimmed Mean B = (19.8+20.1+20.4+ 20.4+ 20.4+20.6+20.5+21.2+21.9+22.0)/10

Trimmed Mean B = 207.3/10

Trimmed Mean B = 20.73

Method C becomes

20.7, 20.8, 20.9, 21.0, 21.0, 21.0, 21.0, 21.0, 21.5, 21.5

Trimmed Mean C = (20.7+ 20.8+ 20.9+ 21.0+ 21.0+ 21.0+21.0+, 21.0+, 21.5+21.5)/10

Trimmed Mean C = 210.4/10

Trimmed Mean C = 21.04

Method D becomes

20.2, 20.2, 20.5, 20.5, 20.7, 20.7, 20.7, 21.0, 21.5, 21.5

Trimmed Mean D = (20.2+, 20.2+20.5+, 20.5+ 20.7+ 20.7+ 20.7 +, 21.0 +21.5 + 21.5)/10

Trimmed Mean D = 207.5/10

Trimmed Mean D = 20.75

7 0
2 years ago
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