This is an example of the blue ocean strategy. A blue ocean strategy seeks to make the competition completely pointless.
Blue oceans represent all of the industries that do not exist today - the unexplored and uncontaminated market space and competition. It is vast, deep, and powerful in terms of opportunity and profitable growth, much like the 'blue' ocean.
What is the objective of a blue-ocean strategy? George Marketing & PR has achieved a small but highly beneficial market share in its region by concentrating on the requirements of small and medium-sized businesses, which are frequently overlooked by larger players.
Here is the complete question-
One Flew South's strategy of locating their high-end restaurant in the Atlanta airport rather than where premier establishments are usually placed - the city center or crowded suburbs, is an example of the _____ strategy.
Learn more on blue ocean strategy-
https://brainly.com/question/14970043
#SPJ4
a company doing marketing research finds that a 10 percent decrease in its product's price would create a 12 percent increase in the quantity demanded
A company conducting marketing research discovers that a 10% increase in the price of its product results in a 5% decrease in the quantity demanded of its product Elastic.
What is Quantity demanded?In economics, quantity demanded refers to the total amount of a good or service that consumers demand over a given time period. It is determined by the price of a good or service in a market, regardless of whether or not the market is in equilibrium. Demand is the quantity of a good or service that consumers are willing and able to purchase at a given price over a given time period. The quantity demanded is the amount of a good or service that people will buy at a specific price and at a specific time. This equation can be used to calculate the quantity demanded: Qd = a + b(P), where an is the x-axis intercept, b is the demand curve's slope, and P is the price of the good.To learn more about Quantity demanded, refer to:
https://brainly.com/question/26546773
#SPJ9
suppose televisions are a normal good and buyers of televisions experience a decrease in income. as a result, consumer surplus in the television market group of answer choices
Assume that televisions are a common product and that consumers who purchase them see a decline in their income. Thus, the consumer surplus in the television market could rise, fall, or stay the same.
What outcome results from a product's price dropping and buyers' propensity to purchase it?
The substitution effect happens when a good's price decreases and leads consumers to switch to other, now comparatively more costly ones.
What three premises underlie consumer preferences?
There are three different categories of assumptions: transitivity, non-satiation, and completeness. Completeness: Completeness presupposes that consumers are equipped with all the knowledge necessary to decide on a product and their own preferences intelligently.
What are the top 3 elements that have an impact on consumer demand?
Unfortunately, a variety of factors, including product price, consumer income, and expectations, have an impact on the demand for consumer goods.
To learn more about consumer from the given link.
https://brainly.com/question/380037
#SPJ9
separating the responsibilities for purchasing, receiving, and paying for equipment is an example of the control procedure: separating operations, custody of assets, and accounting.
Separating the responsibilities for purchasing, receiving, and paying for equipment is an example of the control procedure: separating operations, custody of assets, and accounting. This statement is false.
The division of duties idea forbids assigning ownership of asset acquisition, asset custody, and associated record-keeping to a single person. One person could, for instance, make an order to purchase an asset, but another person would have to register the transaction in the accounting records.
Since at least two persons must cooperate in order to conduct fraud, which is considerably less likely than if one person is in charge of every aspect of an accounting transaction, it is much more difficult when duties are separated.
Learn more about accounting here:
https://brainly.com/question/13310721
#SPJ4
The question was incomplete. Check below the full question.
Separating the responsibilities for purchasing, receiving, and paying for equipment is an example of the control procedure: separating operations, custody of assets, and accounting.
A. True
B. False
When an entrepreneur creates economic value by changing their personal tacit knowledge about a novel business process or innovation into explicit knowledge that can be franchised, this is an example of what knowledge management activity?.
Since the entrepreneur creates economic value by changing their personal tacit knowledge, this is an example of Changing (converting) of tacit knowledge into that of explicit knowledge.
How can tacit knowledge be transferred?Because it is internal and ingrained in people, tacit knowledge must be transferred through human interactions. Thus, individuals might share tacit information in the form of experience or skills during the socialization process.
On the other side, externalization is the process of making implicit knowledge explicit. Externalization, or turning internal and implicit knowledge external and explicit, is the process through which tacit knowledge is transformed into explicit knowledge.
Only when it is able to officially codify and communicate such knowledge, in forms associated with Explicit Knowledge, can tacit knowledge be made explicit. They put their knowledge into an encoded form.
Learn more about explicit knowledge from
https://brainly.com/question/16980038
#SPJ1
because it was able to deliver merchandise overnight, in the required quantities, and at a lower delivery cost than its competitors, a sportswear company was given exclusive rights to sell clothing with school logos for the school district. the company demonstrates blank excellence.
Because it was able to deliver merchandise overnight, in the required quantities, and at a lower delivery cost than its competitors, a sportswear company was given exclusive rights to sell clothing with school logos for the school district. The company demonstrates operational excellence. (Option C)
What is Operational Excellence?Dr. Joseph M. Juran initially developed the notion of operational excellence in the early 1970s while training Japanese company leaders on how to increase quality. Operational excellence is a component of organizational leadership and intelligence.
The ultimate objective of operational excellence is to guarantee that customer expectation are satisfied on an ongoing basis by continually enhancing the procedures that a firm uses.
Learn more about Operational Excellence:
https://brainly.com/question/28421175
#SPJ1
Full Question:
Because it was able to deliver merchandise overnight, in the required quantities and at a lower delivered cost than its competitors, Joe's Sports Shack was given exclusive rights to sell clothing with school logos for the school district. Joe's demonstrates ________ excellence.
a. customer
b. product
c. operational
d. locational
e. place
Billing errors, even small ones, can make customers quite upset. Therefore, maintaining high-quality data with regards to product pricing, discounts, and sales taxes benefits businesses most directly by _____.
Maintaining high-quality data with regard to product pricing, discounts, and sales taxes benefit businesses most directly by a computer.
An excise tax may be a tax paid to governance for the sales of bound goods and services. sometimes laws permit the vendor to gather funds for the tax from the patron for the purpose of purchase. once a tax on goods or services is paid to a governing body directly by a consumer, it's usually known as a use tax.
Conventional or retail sales tax is levied on the sale of an honest to its final end-user and is charged on every occasion that item is oversubscribed retail. Sales to businesses that later sell the products don't seem to be charged the tax. A purchaser who isn't an associate degree end-user is sometimes issued a "resale certificate" by the burdensome authority and needed to supply the certificate (or its ID number) to a trafficker for the purpose of the purchase, besides a press release that the item is for resale.
Learn more about Business here: https://brainly.com/question/24448358
#SPJ1
if canada has a comparative advantage relative to mexico in the production of timber, then a. the average cost of production for timber is lower in canada than in mexico. b. the opportunity cost of production for timber is lower in canada than in mexico. c. the explicit cost of production for timber is lower in canada than in mexico. d. the implicit costs of production for timber are lower in canada than in mexico.
If Canada has a comparative advantage relative to Mexico in the production of timber the opportunity cost of production for timber is lower in Canada than in Mexico.
A sort of wood known as timber has been transformed into beams and planks. In the US and Canada, it is also referred to as "lumber." Timber or lumber is essentially the firewood or wood from growing trees. Any wood that has the ability to produce a minimum dimensional size is referred to as lumber or timber. It is a step in the process of making wood. For structural purposes, timbers are utilized. Timbers are woods that have been prepared for use in construction. For the industry, finished wood is provided in conventional sizes. Building homes and producing furniture both need wood.
Timber and Lumber Types
Hardwoods and softwoods are the two categories into which timber can be categorized. These two groups include a wide variety of timber varieties. It is they-
Cross-laminated bamboo, birch, cedar, cherry, and green timber
Lime
Mahogany
Sapele timber
Tulipwood
Walnut
Ash wood Spruce fir
Learn more about Timber here:
https://brainly.com/question/19715384
#SPJ4
Cody's credit report lists two different addresses in Lakeville, CT. What might be an explanation for that?
A. Cody's family owns more than one property.
B. His family moved while he was growing up.
C. Someone else with the same name lives at the second address.
D. One is his home address and one his work address.
Answer:
Its B
Explanation:
His family moved while he was growing up.
And for the Rest
1. What do Equifax, Experian, and TransUnion do?
C) compile credit reports on individuals
2. Cole just moved to a new neighborhood. He called the electric company to switch the utilities for his new home from the landlord to himself. Why would the electric company request a copy of Cole’s credit report?
C) They needed to decide whether to require Cole to provide a deposit.
3. Cody’s credit report lists two different addresses in Lakeville, CT. What might be an explanation for that?
B) His family moved while he was growing up.
4. Where does your credit score come from?
D) It is based on information in the credit reports compiled by Equifax, Experian, and TransUnion.
5. If your credit report shows late payments because you were deployed to a combat zone, what might you do to clean up your credit report?
B) Send a note to the credit bureau that you were in combat rotation for three months with limited ability to pay your bills but have caught all the bills and late fees up.
Answer: B. His family moved while he was growing up.
Explanation: Its correct on the test btw the person above is also correct on all answers !
a department adds all raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. for the month of january, there were no units in the beginning work in process inventory; 90,100 units were started into production in january; and there were 20,900 units that were 50% complete in the ending work in process inventory at the end of january. what were the equivalent units of production for conversion costs for the month of january?
79,650 equivalent units were the equivalent units of production for conversion costs for the month of January.
The following is a calculation of the equivalent units of production for the conversion cost:
We are aware of this.
Units started minus units completed = 20,900 units = 90,100 units minus units completed
So, completed units = 90,100 units minus 20,900 units = 69,200 units
The question states that 50% of the ending work in progress inventory units are completed, so completed units = 20,900 50% = 10,450 units.
And the equivalent units of production are = completed units + completed units in ending inventory = 69,200 units + 10,450 units = 79,650 units.
Learn more on equivalent units of production-
https://brainly.com/question/24214260
#SPJ4
Translating a manual from one language to another is an example of changing one form of explicit knowledge to another form of explicit knowledge for the purpose of ________________.
Translating a manual from one language to another is an example of changing one form of explicit knowledge to another form of explicit knowledge for the purpose of expanding communication.
What is translation?Translation is required for the global dissemination of fresh information, knowledge, and ideas. It is vitally crucial for efficient communication between cultures. Translation has the potential to transform history in the process of disseminating new information.
Translation, defined as the transfer of meaning (of a text) from one language to another, is critical for information, knowledge, and (social) innovation transmission.
Itis to be noted that the principles of translation imply that rather than translating word for word, one should convey the sense of what is being spoken. This is due to the fact that languages are more than just different words. Diverse languages also have different syntax, word order, and occasionally even terms that have no analogs in other languages.
Learn more about Translation:
https://brainly.com/question/900753
#SPJ1
For Questions 26 and 27, assume that two different coastal cities are competing to have their location
selected by the Federal Government to build a Major Deepwater Shipping Port for large container ships.
The cost to build the port and more highway access is $200MM but the city that gets project will get
S16MM in fees per year as well as jobs for 3,600 people. City A spends $1,280,000 on lobbyists,
presentations and trips to Washington, D.C. to try to win the project and City B spends $1,180,000 to try to
win.
This action on the part of the two cities is known as:
Rent Seeking
Regulatory Capture
Logrolling
Corruption
This action on the part of the two cities is known as rent-seeking.
Rent-seeking ( or rent-seeking) is a profitable conception that occurs when a reality seeks to gain more wealth without any complementary donation of productivity. generally, it revolves around government-funded social services and social service programs. Rent-seeking conditioning aims to gain fiscal earnings and benefits through the manipulation of the distribution of profitable coffers. Economists view similar conditioning as mischievous to frugality and society. The practice reduces profitable effectiveness through the hamstrung allocation of coffers.
An illustration of rent-seeking in an ultramodern frugality is spending plutocrats on lobbying for government subventions in order to be given wealth that has formerly been created or to put regulations on challengers, in order to increase request share.
Learn more about rent-seeking here: https://brainly.com/question/1106682
#SPJ1
as the price of good y rises from $5 to $8, quantity demanded falls from 100 to 80. based upon this information, you can conclude that the demand for y is
2.333
(C) The formula for elasticity of demand is as follows:
= Change in quantity demanded / Change in price
Change in Quantity demanded: Q1 - Q0/(Q1+Q0/2)
= 30-100/(130/2) = 70/65
Change in Price: P1 -P0/(P1+P0/2)
= 8-5/(8+5/2)
= 3 /6.5
Now, put the values in the formula shown above,
= (70/65) / (3/6.5)
= (70/65) * (6.5/3)
= 1.0769 * 2.1667
= 2.333
Information about your business is data that is pertinent, valuable, or meaningful to it. Any materials that satisfy the requirements for being pertinent, valuable, or meaningful for your organization would be included, including reports, spreadsheets, metrics, regulatory reporting, web pages, documents, dashboards, etc.
It consists of material written by the company itself as well as by reporters or specialists from the outside world. The most common type of corporate data that is easily available to the general public is market research. This includes the operational and financial information that businesses provide as well as the analysis that business and investment professionals have done using that information. Public companies are obligated by law to publish information in order to keep shareholders and potential investors informed of the company's operations.
To learn more about information the given link:
brainly.com/question/13629038?
#SPJ4
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resources to try to turn them into customers, they are engaging in ________.
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups, they are engaging in targeting.
A serviceable obtainable market also known as a target market, can be defined as a group of customers within a business's serviceable available market at which a business aims its marketing efforts and resources. A serviceable obtainable market is a subset of the total market for a service or product. Target market used to helps increase the effectivity of the campaign.
There are 5 different types of targeting, such as:
Behavioral Targeting Contextual TargetingSearch RetargetingSite RetargetingPredictive TargetingLearn more about target marketing here https://brainly.com/question/13363009
#SPJ4
selection of the best option in decision making is often a blank procedure because many situations do not lend themselves to quantitative analysis.
The best option in decision-making is often a subjective procedure because many situations do not lend themselves to quantitative analysis.
In analytical chemistry, quantitative analysis is the determination of the absolute or relative amount of one, some, or all specified substances present in a sample.
Quantitative Analysis (QA) is a technique that uses mathematical and statistical modeling, measurement, and research to understand behavior. Quantitative analysts represent a given reality numerically.
In business and management, qualitative analysis uses subjective judgments to assess a company's value and prospects based on non-quantifiable information such as management expertise, industry cycles, R&D strengths, and industrial relations.
Learn more about Quantitative Analysis https://brainly.com/question/9434693
#SPJ1
Assignment Overview
The manufacturing sector of our economy is so large, and the career opportunities so varied, that we need a way to narrow down the field for easier exploration. One way to do that is to start with an industry within a manufacturing subsector.
Assignment Directions
Step 1:
Through online research, select one manufacturing industry within one of the subsectors listed in this lesson for further research. For example, in the food manufacturing subsector, you might choose dairy product manufacturing or seafood product preparation and packaging. You can find lists of industries in each subsector at the U.S. Department of Labor’s Bureau of Labor Statistics.
Step 2:
Describe the industry, including what it does and its outlook for the future.
Step 3:
Summarize the types of jobs and career opportunities the industry offers.
Step 4:
Choose one career in the industry of your choice. Describe the career, including its role in the manufacturing process, the tasks a person in this career performs, the education and experience required to pursue this career, and its long-term prospects for employment and growth.
Submission Requirements
On 3 to 5 PowerPoint slides:
Select one manufacturing industry.
Describe the industry.
Summarize the types of jobs/career opportunities it offers.
Choose and describe one career in that industry.
The manufacturing sector of our economy is quite large and so we need a way to narrow down the field for easier exploration. So here, dairy product manufacturing sector is choosed.
In the manufacturing sector of our economy there are many different industries included, among which here, dairy product manufacturing sector is choosed to be discussed further.
Dairy product manufacturing is the process of fermentation of milk which is done by using suitable microorganisms to reach a desired level of acidity. Thus, the fermented products include yoghurt, dahi, koumiss, kurut, tarag, and kefir.
Hence, the dairy scientists tend to work to efficiently, safely in order to produce and process dairy foods such as cheese, milk, eggs and yogurt.
To learn more about the manufacturing sector here:
https://brainly.com/question/13323289
#SPJ1
Select the correct answer.
Aster Inc. invested $20,000 in bonds that will mature in eleven months. Where will Aster record this investment?
A. current assets
B. fixed assets
C. investments
D. owner’s equity
The investment might be either a short-term investment or a long-term investment from the perspective of the accounting period.
The required details for short-term investment in given paragraph
If you hold an investment for less than a year, it is considered short term. In the example provided, Aster Inc. spent $20,000 in bonds that will mature in eleven months, making this investment a short-term investment that should be recorded under the heading "Investment." Short-term investments frequently come in the form of certificates of deposit (CDs), money market accounts, high-yield savings accounts, government bonds, and Treasury bills.
Short-term investments often have lower rates of return, are very liquid, and allow investors to swiftly withdraw money if necessary. Financial investments with a short term horizon are those that are easily convertible to cash.
To know about short-term investment in given link
https://brainly.com/question/16261301
#SPJ9
the four elements of comparison used in the sales comparison approach include the terms and time of sale, as well as location and physical elements about the property.
The four elements of comparison used in the sales comparison approach include the terms and time of sale, as well as location and physical elements about the property are location, square footage, age, condition, lot size, and sale date.
What are the elements of a sales comparison approach?The sales approach evaluates a subject property against recently sold comparable properties that are similar. The sales comparison technique, also referred to as the SCA, considers property attributes such location, square footage, age, condition, lot size, and selling date. Finding comparable houses that have recently sold, are presently under contract, or are on the market is the first stage in the sales comparison strategy. Making modifications based on variances between the home being evaluated and the comparables is crucial for determining a home's value more precisely. Sales comparison methodology -The method by which the market estimate is created by researching comparable properties on the market. The market worth of a property is directly correlated with the prices of Similar, competing properties, which is a key tenet of the sales comparison approach.
To more learn about sales comparison approach refers to :
https://brainly.com/question/24086669
#SPJ9
creation of a social media campaign for a new video game that will appeal to 12- to 16-year-olds is best described as what part of the final step in the marketing research approach, to take marketing actions?
Implement the action recommendations in the marketing research approach, to take marketing actions.
Marketing research is the systematic accumulating, recording, and evaluation of qualitative and quantitative data about troubles regarding advertising and marketing products and services.
The purpose is to identify and examine how converting elements of the advertising blend affects patron conduct.
Interviews are a commonplace type of primary market study that can be either in-depth or as easy as asking a question.
An instance of an interview in marketplace research is whilst a business calls a modern purchaser to invite how they are playing with a product they currently bought.
Learn more about Marketing research here: https://brainly.com/question/24906199
#SPJ1
a company has ordered 5 new personal computers at a cost of $1700 each. they will not be delivered for 11 months. what amount should the firm deposit in an account paying 7.32% to have enough money to pay for them?
Based on the number of computers ordered by the company, the cost, and the account interest, the amount that the company should deposit to be able to pay for the computers is $7,949.98.
How to find the amount to be deposited?First, find the total cost of the computers ordered by the company:
= Number of computers x Cost per computer
= 5 x 1,700
= $8,500
This means that the company needs to deposit an amount of money today that will grow to be $8,500 in 11 months time to enable them to pay off the cost of the computers.
That amount will be:
Future value = Amount to deposit x ( 1 + rate) ^ number of periods
8,500 = Deposit amount x ( 1 + 7.32%) ¹¹
Deposit amount = 8,500 / 1.0691844627036943510494002859615
Deposit amount = $7,949.98
In conclusion, the company needs to deposit $7,949.98 to be able to pay for the computers.
Find out more on amount to deposit at https://brainly.com/question/14757536
#SPJ1
check my work if your firm expects the euro to substantially appreciate, it could speculate by euro call options or euros forward in the forward exchange market. a. purchasing; selling b. selling; purchasing c. selling; selling d. purchasing; purchasing
Firm expects the euro to substantially appreciate, it could speculate by euro call options or euros forward in the forward exchange market is purchasing; purchasing.
19 of the EU's 27 member states use the euro as their official currency (symbol: €; code: EUR) (EU). As of 2019, there are over 340 million inhabitants living within the so-called eurozone, also known as the euro region, which is a collection of states. One euro is equal to one hundred cents.
Akrotiri and Dhekelia are British Overseas Territories, four European microstates that are not EU members, the institutions of the European Union, as well as Montenegro and Kosovo unilaterally utilize the currency. Numerous exclusive areas of EU members also use the euro as their currency outside of Europe. Additionally, the euro is the currency used by more than 200 million people globally.
Learn more about Euro here :
https://brainly.com/question/15307427
#SPJ4
Paulette, quentin, and rosie each donated money to a charity. Paulette gave as much money as quentin and rosie gave together. If quentin had given three times more than he gave, he would have given $40 more than paulette. And if rosie had given $20 less, she would have given half as much as paulette. How much did paulette give?.
Paulette gave an amount of $200
The given problem will be solved by the concept of a mathematical equation
Let the amount that Paulette gave = p
Let the amount that Quentin gave q
Let the amount that Rosie gave = r
Framing the three equations:
p= q+ r
3q= p+ 40
q = p +40/3
r– 20) = p/2
2r - 40 = p
Substitute q+ r for p into the second and third equations:
3q= q+ r+ 40 2r– 40 = q+ r
Simplify both equations:
2q= r+ 40 r– 40 = q
Now substitute r– 40 for q into the equation 2q = r+ 40 and solve for r:
2(r– 40) = r+ 40
2r– 80 = r+ 40
r– 80 = 40
r= 120
Substitute 120 for r in the equation 2r– 40 = p and solve for p:
2(120) – 40 = p
240 – 40 = p
200 = p
Read more about mathematical equations on:
https://brainly.com/question/26310043
#SPJ9
A country produces 3000 new capital goods in a week. 500 of those replace worn out capital goods. what is the net investment made?
A country produces 3000 new capital goods in a week. 500 of those replace worn out capital goods. The net investment made is 2500.
An asset or object acquired with the intention of creating income or recognition is referred to as an investment. A purchase of goods that are not consumed right away but will be utilized to create wealth down the road is referred to as an investment in an economic outlook.
A company makes a capital investment when it buys tangible assets to utilize in achieving its long-term goals and objectives. Among the assets that are bought as capital investments are real estate, factories, and equipment.
To know more about Investment, click here.
https://brainly.com/question/15353704
#SPJ1
larry purchased an annuity from an insurance company that promises to pay him $6,500 per month for the rest of his life. larry paid $626,340 for the annuity. larry is in good health and is 72 years old. larry received the first annuity payment of $6,500 this month. use the expected number of payments in exhibit 5-1 for this problem.
His executor will be entitles to deduct the remaining amount is $268840 on larry's final tax return.
Tax
A tax is a mandatory financial charge or other type of levy imposed on a taxpayer by a governmental organisation to fund government spending and various public expenditures, and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers pay the correct amount of tax at the correct time and receive the correct tax allowances and tax reliefs. Taxes can be direct or indirect, and they can be paid in cash or in labour equivalents.
Expected return multiple based on age group(age 72)
= 14.60
No. of annual payments= 12
Expected value of payments= 14.60 [tex]\times[/tex] 12 [tex]\times[/tex] $6500
= $ 1138800
Exclusion percentage =$626340/$1138800
=55%
Exclusion amount= $6500[tex]\times[/tex]55%
=$3575
Amount to be deducted= $626340-(100[tex]\times[/tex] $3575)
= $626340 - $357500
= $268840
To learn more about tax
https://brainly.com/question/25783927
#SPJ9
firm x owns a grocery store and has acquired the paid parking lot outside the grocery store. in order to increase the traffic at the store the owners of the store should
The shop owner should expand his shop and parking lot.
A shop is a permanent building that is a place to sell goods. Meanwhile, grocery items are goods that are people's daily needs. Thus, a grocery store can be interpreted as a place for buying and selling goods for people's daily needs.
The products sold usually include basic ingredients such as rice, kitchen spices, toiletries, laundry soap, and so on. The grocery store character is also unique. The price given by the seller is usually cheaper than the market price or modern shop. In addition, buyers can interact directly with sellers to bargain prices. So, you could say grocery stores are included in the type of people's business that is very important in economic development.
You can learn more about grocery items here brainly.com/question/269939
#SPJ4
increasingly consumers are using social media to voice complaints that have not been resolved through other means. how are organizations responding to social media complaint? deleting unfriendly posts adding non-disparagement clauses in consumer contracts increasing the legal staff in the organization zeroing in one statement that is not true and ignoring the rest.
The way organizations respond to consumer complaints is to collect the complaints they feel. then the organization can hold internal meetings to find solutions to the problems at hand.
Every customer-oriented organization needs to provide opportunities and easy and convenient access for its customers to submit their suggestions, criticisms, opinions, and complaints. Complaints are one part of the negative expression that results from the fact that reality does not match one's wishes. Consumer complaint behavior is a term that includes all the different actions consumers take when they are dissatisfied with a purchase or service.
Complaint categories are classified into four, namely:
a. Mechanical Complaints This type of complaint is caused by an error that occurs in the equipment in the restaurant. For example, a dead light in a restaurant, a broken table or chair, or an air conditioner that is not cold.
b. Attitudinal Complaint Types of complaints caused by staff or employees having a bad attitude in serving customers.
c. Service – Related Complaints This type of complaint is caused by poor service provided in a restaurant. For example, waiting too long for food or drinks that have been ordered, unavailability of cutlery on the table, and others.
d. Unusual Complaints Customers can also complain because there is no special room for non-smokers or because of the uncomfortable atmosphere in the restaurant.
You can learn more about Complaints here brainly.com/question/14045922
#SPJ4
theresa is a(n) for capital clinic services. she has worked for the company for 20 years and is widely respected and trusted. in this position, she hears grievances on a confidential basis and attempts to arrange a solution.
Theresa work role is known as ombudsman as she has worked for the company for 20 years and is widely respected and trusted in a position where she hears grievances on a confidential basis and attempts to arrange a solution.
What is known as an ombudsmanship?In a conflict resolution, an ombudsman refers to the man/woman who investigates complaints and mediates fair settlements, especially between the aggrieved parties such as consumers or students and an institution or organization.
As a government official (such as in Scandinavian countries), the ombudsman are who investigates citizens' complaints against the government or its functionaries.
Read more about ombudsman
brainly.com/question/2099587
#SPJ1
If juul simply settled on suspending all broadcast, print, and digital product advertising in the united states instead of finding other, more creative solutions to the youth vaping epidemic, they would be exercising.
It can be inferred If Juul simply settled on suspending all broadcast, print, and digital product advertising in the united states instead of finding other, more creative solutions to the youth vaping epidemic, they would be exercising "satisficing." (Option A)
What is Satisficing?Satisficing is a decision-making method that seeks satisfactory rather than perfect results. Customers typically pick a product that is adequate rather than exceptional, a practice known as satisficing.
One disadvantage of satisficing is that no clear definition of what makes an adequate or tolerable result exists. And, rather than exploring alternative, more imaginative solutions to the adolescent vaping problem, Juul would be satisfied if they just halted all broadcast, print, and internet product advertising in the United States.
The problem does not stop because of terminated advertisements.
Cognitive heuristics, cognitive science, and neuropsychology all contribute to the notion of satisficing. It is used in a variety of domains, including business, artificial intelligence, and sociology.
When faced with a multiplicity of options for a certain requirement, a buyer would choose a product or service that is "good enough," rather than wasting effort and money on finding the best possible or optimal decision.
Learn more about Satisficing;
https://brainly.com/question/24961412
#SPJ1
Full Question:
If Juul simply settled on suspending all broadcast, print, and digital product advertising in the United States instead of finding other, more creative solutions to the youth vaping epidemic, they would be exercising
Multiple Choice
satisficing.
escalation of commitment.
intuition.
hubris.
groupthink
when kendra's manager asked the team to come up with new ideas for attracting people to their trade show booth, kendra suggested installing a video game in the booth. which part of the rational decision-making process does kendra's idea exemplify? multiple choice question.
The analytical decision-making process Kendra's idea exemplifies.
Analytical selection-makers cautiously analyze data to come up with an answer. They're cautious and adaptable thinkers. they may invest time to glean records to shape an end.
Those decision-makers are assignment-oriented but have a high tolerance for ambiguity.
The four classes of decision making
1] Making habitual choices and judgments. whilst you go shopping in a grocery store or a department save, you normally select from the goods before you.
2] Influencing results.
three] setting aggressive bets.
4] Making strategic selections.
The constraint of choice-making research.
Learn more about analytical decision-making here: https://brainly.com/question/25870371
#SPJ1
a forecast based on the previous forecast plus a percentage of the forecast error is a(n): part 2 a. naive forecast. b. weighted moving average forecast. c. qualitative forecast. d. exponential smoothing forecast. e. moving average forecast.
A forecast based on the previous forecast plus a percentage of the forecast error is an exponential smoothing forecast.
Forecasting is the process of making predictions based on past and current data. Later you can compare these to what is actually happening. For example, a company may estimate revenue for the next year and compare it to actual results.
For small business owners, forecasting is the process of examining historical and current data and market trends to predict the future financial performance of their business. This allows you to estimate how much revenue you are likely to generate in a given period of time, allowing you to budget for large expenses.
Forecasts are valuable to an enterprise and enable you to make informed business decisions. Financial forecasts are educated guesses and there is risk in relying on historical data and methods that may not include certain variables.
Learn more about Forecasting https://brainly.com/question/21445581
#SPJ1
what is the incremental manufacturing cost incurred if the company increases production from 21,500 to 21,501 units? (round your answer to 2 decimal places.) total incremental manufacturing cost
The company will incur an additional manufacturing expense of $15.50 if production is increased from 21,500 to 21,501 units.
What is the incremental manufacturing cost?The overall expense incurred as a result of producing one extra unit of a product is known as the incremental cost. The cost of an incremental unit of production is calculated by examining the additional costs incurred during the production process, such as raw materials.
How are incremental production costs determined?Calculate the cost difference between producing one unit and making two of them in order to find the additional cost. $80.00 is the result of subtracting the cost of creating one unit ($100.00) from the total cost of generating two units ($180.00).
In the above question:
incremental manufacturing cost
Inconsequential are fixed production overheads
Direct materials $8.00
Direct labor $5.00
Variable manufacturing overhead $2.50
Total $15.50
Learn more about incremental manufacturing cost: https://brainly.com/question/14493018
#SPJ9
The complete question is:
Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 units,its average costs per unit are as follows:
Direct materials $8.00 per unit
Direct labor $5.00 per unit
Variable manufacturing overhead $2.50 per unit
Fixed manufacturing overhead $6.00 per unit
Fixed selling expense $4.00 per unit
Fixed administrative expense $3.50 per unit
Sales commissions $2.00 per unit
Required:
a. What is the incremental manufacturing cost incurred if the company increases production from 21,500 to 21,501 units?