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anastassius [24]
2 years ago
8

Thompson Design, a popular furniture manufacturer, provides employee support through various workshops on interior design techni

ques. It also offers three-month courses on various aspects of decorating a home, from suitable paint for a media room to contemporary outdoor furnishings. This adds to employees' existing knowledge and skill sets, helping create customer satisfaction. In this scenario, which of the following approaches to employee development is Thompson Design taking?
Business
1 answer:
Doss [256]2 years ago
7 0

Formal Education. This approach to employee development is super important in today's society. Formal development helps both employer and employee to align organizational strategy with customer needs. Managers who invest in employee knowledge are using a strategy that will assist in organizational success. When the employee has essential and complete information about the field in which he / she operates, consequently, it positively affects the customer's view, service, professional qualification and service personalization.

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Which of these transactions would produce $10,000 of revenue in December? (check all that apply) BOC Realty leases space to a te
Luba_88 [7]

Answer:

From the given question, the following transactions would produce $10,000 of revenue in December which are:

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES and BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

Explanation:

Solution

Given that:

Now,

From the question stated it says that which of these transactions would produce $10,000 of revenue in December,

Thus,

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

BOC Bank receives a check for $10,000 in December for November's interest amount =NO

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES

6 0
2 years ago
On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $54 million. Ameen uses strai
Igoryamba

Answer:

Answer for the question:

On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $54 million. Ameen uses straight-line depreciation for financial statement reporting and deducted 100% of the equipment’s cost for income tax reporting in 2018. At December 31, 2020, the book value of the equipment was $48 million. At December 31, 2021, the book value of the equipment was $40 million. There were no other temporary differences and no permanent differences. Pretax accounting income for 2021 was $68 million. Required: 1. Prepare the appropriate journal entry to record Ameen’s 2021 income taxes. Assume an income tax rate of 25%. 2. What is Ameen’s 2021 net income?

Is given in the attachment.

Explanation:

4 0
2 years ago
Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and
Alchen [17]

Answer:

a) Augmented product: Previous Sabre models have won high praise from the automotive industry, and all 500 units of past vehicles have sold within weeks of announcement

b) Promised product: Sabre provides each potential customer with a list of customizable features that can be added during the manufacturing process.

c) Tangible product: Sabre designs and manufactures each automobile in-house; it makes every part of the car, from the tires to the brakes to the transmission to the metallic paint. Sabre employees make each car by hand.

d) Core product: Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and has brought twenty performance-oriented automobiles to market during this time.

Explanation:

a) The augmented product is defined as one that is capable of exceeding consumer expectations. In this case, the cars were sold very fast since customers were met with their expectations regarding the product offered.

b) In this case, Saber is able to customize each car with a series of additional features that offer the user so that he is able to have his own car as he would like

c) Tangible products are defined as goods or services that are manufactured, dispatched and delivered, that is, in this case, cars

d) Saber's main product is the manufacture of high performance cars. That is its main product and its strength in the business

5 0
2 years ago
When bringing to market a new product like the MotorolaOne Zoom, the actual product launch takes place in the __________________
AnnZ [28]

Answer:

Option E: Commercialization

Explanation:

The marketplace is simply dynamic and undergoes different changes and the demand rate for products is also do change. Companies evaluate their already made or existing product line, update it and tries to fit into the standard of their consumers.

In the new product development strategies, companies makes a unique new product development strategy to limit the overuse of time and resources through the method of, organize planning and research, understanding what customer really want thereby definitely resourcing of the said project.

In commercialization, it entails the new product launching procedures (processes). It usually needs heavy promotion and product distribution throughout the network.

6 0
1 year ago
A commuter bus company uses two measures of activity, routes and commuters, in the cost formulas in its budgets and performance
erastovalidia [21]

Answer:

B. $12,040 Favorable

Explanation:

We will need to calculate first the budgeted cost for bus operating costs in November, which is given by;

C = $56,880 + $2,884* F + $14* N

Where;

F = expected number of routes in the month

N = expected number of commuters in the month

From the passage, the company expected its activity in November to be 89 routes and 256 commuters; we were also informed that the budget for the bus operating costs have been prepared before the actual costs are known.

Therefore, the budgeted cost for bus operating costs in November would be ;

= $56,880 + $2,884 × 89 + $14 × 256

= $56,880 + $256,676 + $3,584

= $317,140

The spending variance for bus operating costs in November would be;

= The actual cost for bus operating costs in November - The Budgeted cost for bus operating costs in November

= $305,100 - $317,140

= $12,040 F

8 0
2 years ago
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