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vivado [14]
1 year ago
11

To make sure they stock clothes that their customers will purchase, a department store implements a new application that analyze

s spending levels at their stores and cross-references this data to popular clothing styles. Which of the following business objectives is this information intended to support?
A) New products
B) Survival
C) Customer intimacy
D) Improved decision making
E) Operational excellence
Business
1 answer:
Inessa [10]1 year ago
6 0

Answer: Option (B) is correct

Explanation:

From the given case or scenario, we can state or conclude that the information intends to support a survival business objective. Survival is referred to or known as a short term objective or goal, especially for a small business that is just entering the market or starting out, or when an  organization enters a market.

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Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each
Alex

Complete question:

Petra owns a coffee shop. She has ten employees.In 2007, she paid her employees minimum wage ($5.85 an hour).In 2008, the minimum wage increased to $6.55 an hour.In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___

Answer: $2340 ; $14,560

Explanation:

Given the following :

2007 minimum wage = $5.85/ hour

2008 minimum wage = $6.55/ hour

2009 minimum wage = $7.25/ hour

Number of Employees = 10

Number of hours = 40 hours per week for 52 weeks

Amount spent on wages per week in 2007:

Minimum wage × number of employees × number of hours per week

= $5.85 × 10 × 40 = $2340

B.)

wage increase between 2008 - 2009:

$7.25/hour - 6.55/hour = $0.7/hour

Therefore, increase in annual budget equals:

Wage increase × number of employees × number of hours per week × number of weeks

= $0.7 × 10 × 40 × 52 = $14,560

8 0
1 year ago
Read 2 more answers
When Fisher stated that "Electronics will add a lot to photography and add a lot to imagining" he was pointing out the symbiotic
ira [324]

A. Fit

B. Unique Activities

C. Positioning

D. Trade-off

E. Operational effectiveness

It was an example of Positioning.

Answer: Option C.

<u>Explanation:</u>

A positioning strategy is the point at which an organization picks a couple of significant key territories to focus on and exceeds expectations in those regions.

A compelling positioning procedure thinks about the qualities and shortcomings of the association, the requirements of the clients and showcase and the situation of contenders. This helps to increase the effectiveness of the company.

6 0
2 years ago
Joy Manufacturing Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 25 percent of
Basile [38]

Answer:

Total cash collection= $30,250

Explanation:

Giving the following information:

Cash sales are 25 percent of total sales each month.

Sales on account:

50 percent in the month of the sale

30 percent in the month after the sale

20 percent two months after the sale.

Sales:

January $20,000

February $10,000

March $40,000

<u>We need to calculate the cash collection for March:</u>

Sales on cash March= 40,000*0.25= 10,000

Sales on account March= (40,000*0.75)*0.5= 15,000

Sales on account February= (10,000*0.75)*0.3= 2,250

Sales on account January= (20,000*0.75)*0.2= 3,000

Total cash collection= $30,250

3 0
2 years ago
Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins
HACTEHA [7]

Answer:

12.55 days

Explanation:

<em><u>Provided information </u></em>

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

<u>Inter-arrival coefficient of variation </u>

C_{vi}=\frac {\sigma}{T} where \sigma is standard deviation of inter-arrival time, T is inter-arrival time and C_v is coefficient of variation of inter-arrival time

C_{vi}=\frac {1 day}{1 day}=1

<u>Production time coefficient of variation </u>

C_{vp}=\frac {2.7}{1.8}=1.5

<u><em>Total utilization time </em></u>

U=\frac {T}{n*T_i} where T is the time of production, n is number of employees, U is utilization, T_i is inter-arrival time

U=\frac {1.8}{2*1}=0.9

Therefore, utilization time by 2 employees is 0.9

<u>Expected average waiting time </u>

T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})

Where T_e is expected average waiting time and the other symbols as already defined

Substituting 1.5 for C_{vp}, 1 for C_{vi}, 0.9 for U, 2 for n, 1 for T_iand 1.8 for T

T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})

T_e=0.9*1.625*8.583709=12.55367 days  and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

4 0
1 year ago
On January 1, Year 1, the Timble Corporation (Timble) leases a piece of typical equipment to use for eight years. The equipment
ivolga24 [154]

Answer: $6780

Explanation:

Asset recorded in books of timble will be:

= (PVAF at 5%, 8 × Annual CF) + (PVAF at 5%,8 × salvage)

where CF = cash flow

PVAF = present value of annuity factor

= (6.80 × 9000 ) +(0.66 × 10000)

= 61200+ 6600

= $ 67800

Since the equipment has an expected life of ten years with no anticipated salvage value, then the depreciation will be:

Depreciation = 67800 ÷ 10

= $ 6780

3 0
1 year ago
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