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Dimas [21]
1 year ago
5

This month, Susan, the branch manager of Intrepid Car Rentals, has heard several complaints from customers that Intrepid employe

es do not return calls. Today a good customer told Susan that "my phone calls and e-mails are returned after maybe a week or so." Hearing enough, Susan mandated that "all customer phone calls and e-mails must be returned within 24 hours." This new directive by Alice is an example of a(n)________
Business
1 answer:
REY [17]1 year ago
4 0

Answer:

The answer is: policy

Explanation:

Company's policy are guidelines that can affect its operation, plans and objectives. They are the rules that outline the activities and responsibilities of the company's employees and employers. They serve as rules of conduct within the company.

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According to the midpoint method, the price elasticity of demand for tomatoes between point x and point y is approximately , whi
Mashutka [201]
According to the midpoint method, the price elasticity of demand for tomatoes between point X and point Y is approximately (1.8 or 0.56 or 0.09 or 0.05) , which suggests that the demand for tomatoes is (elastic or 
4 0
2 years ago
The municipality of Smallville has arranged to borrow​ $30 million in order to implement several public projects​ (flood control
sergeinik [125]

Answer:

The correct response is "6.71 years".

Explanation:

The given values are:

Loan amount

= $30 Million

Loan payment per year

= $5 Million

Interest rate

R = 3%

Let,

The take number of years will be "n".

⇒  30=5\times (\frac{\frac{1-1}{(1+3 \ percent)^n}}{3 \ percent} )

⇒  30\times \frac{3 \ percent}{5}=(\frac{1-1}{1.03^n} )

⇒  .18=\frac{1-1}{1.03^n}

⇒  \frac{1}{1.03^n} =1-.18

⇒  1.03^n=\frac{1}{.82}=1.2195

On taking log both sides, we get

⇒  n=\frac{log (1.2195)}{log(1.03)}

⇒  n=6.71 \ years

8 0
1 year ago
It is calculated that the workstation cycle time is 80 seconds. The theoretical minimum number of workstations needed is 4 stati
cestrela7 [59]

Answer:

the correct balancing plan is as follows:

Station 1 - A, B, E

Station 2 - D

Station 3 - C, G

Station 4 - F, H

Explanation:

See table in attached file

Note: D is preferred over C because of higher processing time

** G is preferred over F because of higher processing time

8 0
1 year ago
A blue ocean strategy differs from a low-cost strategy in that A. the intent of a blue ocean strategy is not to be the absolute
nadya68 [22]

A blue ocean strategy differs from a low-cost strategy in that "the intent of a blue ocean strategy is not to be the absolute lowest-cost provider because a blue ocean must also increase perceived value".

<u>Option: A</u>

<u>Explanation:</u>

Based on the notion that each business will make higher profits by developing new competition in the non-competitive market, a so-called blue ocean, thus known as "Blue Ocean Strategy". The technique emphasizes on the ability to produce a dominant market segment and exclude rivals from the competition. For an instance the Nintendo Wii released in 2006 and the idea of worth creativity is at its heart.

The true winner in a low cost approach is the business with the lowest actual cost in the commodity market. For instance, if two companies have made extremely similar goods that sell on the marketplace at almost the same price, the one with the reduced costs has the benefit of a higher profit per sale.

6 0
2 years ago
During April, the Meade Enterprises had the following operating results: Sales revenue $ 1,660,000 Gross margin $ 680,000 Ending
QveST [7]

Answer:

cost of good manufacture = $947000

Explanation:

given data

Sales revenue = $1,660,000

Gross margin = $680,000

Ending work-in-process inventory = $58,000

Beginning work-in-process inventory = $96,000

Ending finished goods inventory = $108,000

Beginning finished goods inventory = $141,000

Marketing costs = $266,000

Administrative costs = $166,000

solution

cost of goods manufactured for we first we get

cost of good sold = sale revenue  -  gross margin  ............1

cost of good sold = $1,660,000 - $680,000  

cost of good sold = $980000

and

now we get cost of good manufacture that is

cost of good manufacture = cost of good sold + Ending finished goods inventory  - Beginning finished goods inventory ............2

cost of good manufacture = $980000 + $108,000 - $141,000  

cost of good manufacture = $947000

6 0
2 years ago
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