Answer:
d. Making the guest welcome, making the operation run correctly, keeping control operating costs.
Explanation:
The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.
The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.
Answer:
A. 16,200
B. 11,940
Explanation:
Computation for the equivalent units of production for (a) materials and (b) conversion costs for the month of November.
A. Equivalent units of production for materials Materials
Total equivalent units= 9100 + (7100*100%)
Total equivalent units= 9100+7100
Total equivalent units= 16,200
B.Equivalent units of production for conversion costs
Total equivalent units= 9100+ (7100*40%)
Total equivalent units=9100+2840
Total equivalent units= 11,940
Therefore the equivalent units of production for (a) materials is 16,200 and (b) conversion costs for the month of November is 11,940
Answer:
Left shift
Explanation:
In simple words, If manufacturing costs rise, the distributor's expenses for each output threshold will rise as well. The supply curve must shift inwards that is to the left) if everything else remained constant, indicating the higher cost of manufacturing. At each quantity level, the provider will supply less.
Answer:
The correct answer is letter "E": generate all of the above consequences.
Explanation:
Price supports, mostly known as price floors, are set by the government to protect producers of certain goods and services. By doing so, the product prices will have a minimum that cannot be trespassed. This is to make sure <em>producers can continue with their operations at least earning a minimum profit margin.</em>
<em>The counterpart, the demanders, are affected because their purchasing power is decreased by setting the price at a certain level without the option of going down from there. Besides, the higher the price, the more taxes consumers will be paying. The disadvantage of price floors is surplusses in production that are the result of demanders not being able to pay the price set by the government. Eventually, government agencies purchase the surplus quantity in an attempt to keep the equilibrium in the market.</em>
