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Montano1993 [528]
2 years ago
10

1.1.State 8 business functions and explain their roles​

Business
1 answer:
faltersainse [42]2 years ago
4 0

Answer:

8 business functions:

Explanation:

1. Finance's role is to fund, manage budgets, accounting, financial controls, and audits.

2. Marketing's role is processing like promotions, pricing, sales and distributions.

3. Information Technologies role is to developed and operate systems and applications.

4. Customer Service's role is managing customers and handling their needs or requests like inquiries or returns.

5. Production's role is manufacturing products or delivering for different services.

6. Distribution's role is the process of teaching the customer with the product you are delivering or service you are providing.

7. Design's role is prioritizing and making sure the design of the product or service stands out as it's own business function.

8. Governance's role is firm in direction and control. They manage the performance of management.

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Compare and contrast modern workplace, social, and environmental ethical dilemmas in the hospitality industry.
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In the recent years, investors and hoteliers have been increasingly made aware of how the environment and social life impacts hotel operations and developments. Factors that have contributed to this awareness include the desires of hotel owners and operators to reduce costs of operations, change required for sustainable development, increased regulations that pay attention to development and operations and the way attitudes of investors are changing towards the environment. Sustainability is still a difficult task to measure in the hospitality industry. Business environment faces many challenges because of its dynamic nature

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3 years ago
Payday loans could be considered
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C. subprime lending

Its not something you want to do all of the time
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Margaret puts money into her savings account each month. in this example money is functioning as a
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Answer: a store of value

4 0
2 years ago
You are the CEO of a company that has to choose between making a $100 million investment in Russia or Poland. Both investments p
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Going by the Ease of Doing Business ranking of 2020, prepared by the World Bank, which is perhaps the most reliable ranking to assess business risk in different countries.

Russia has a higher score in the ranking, which means that doing business is less risky there. Poland has particularly high risks in the starting a business category, which means that the mere act of starting the business in Poland might be a risky decision.

Russia has a high risk in trading accross borders, probably because the country is subject to several international sanctions.

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8 0
3 years ago
During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of whi
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Answer:

                                                                     $

Sales                                                       8,800,000

Less: Cost of goods sold (W1)               5,241,739.13

Contribution                                          3,558,260.87

Less: Fixed manufacturing cost               598,000

Less: Fixed selling and admin cost          320,000

Net Income                                            2,640,260.87

<em>(W1) Cost of goods sold</em>

Direct Material                                  3,450,000

Direct Labour                                    1,196,000

Variable manufacturing cost              782,000

Variable selling cost                            600,000

Total variable cost                            6,028,000

Less:closing inventory                     786,260.87 (6,028,000/46,000*6,000)

COST OF GOODS SOLD                  5,241,739.13

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