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seropon [69]
2 years ago
7

Charlie manages a Holiday Inn. He knows from experience that last-minute customers will call after 9 p.m. each evening looking f

or a room and asking the price. Charlie has empowered his staff to offer discounts when the hotel is largely vacant, and to quote the standard price when the hotel is close to full. Charlie knows his service is ________, meaning that if no one stays in the room, it generates no revenue that evening.
Business
1 answer:
AVprozaik [17]2 years ago
6 0

Charlie knows his service is <u>perishable,</u> meaning that if no one stays in the room, it generates no revenue that evening.

<h3><u>Perishable services are what?</u></h3>

While not imperishable, services can be thought of as perishable. A perishable service is simply one that is transient. Such a service is best used right away when it is created. The service, unlike products, cannot be saved for later use.

Transportation by planes, auto maintenance, entertainment at theatres, and manicures are examples of perishable services. If a person buys a plane ticket for a certain day, but then gets sick and can't fly, the ticket expires. It is challenging to maintain a balance between supply and demand when a service is perishable.

Learn more about perishable services with the help of the given link:

brainly.com/question/14029678?referrer=searchResults

#SPJ4

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You bought a stock three years ago and paid $45 per share. You collected a $2 dividend per share each year you held the stock an
kakasveta [241]

Answer:

5.84%    

Explanation:

We use the RATE function that is shown in the excel. Kindly find the attachment below:

The NPER shows the time period.  

Given that,  

Present value = $45

Future value or Face value = $47

PMT = $2

NPER = 3

The formula is shown below:

= Rate(NPER,PMT,-PV,FV,type)    

So, the annual compound rate of return is 5.84%            

5 0
3 years ago
A company has an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.
Maslowich
Is the question, what is the Annual Rate of Return?
P=A•e^rt
15=10•e^4r --> ln (e^4r) = ln (3/2)
4r = 0.4055
r = 0.1014
4 0
3 years ago
You want the salespeople on your staff to perform at their best, thus you want to make sure they are properly supervised. In det
lbvjy [14]

Answer:

Factors to consider:

1. Specialisation role

2. Complexity of sales process

3.Tenure

4.Geographical coverage

5. Sales Representative leadership

6. Support network

7. Internal Bureaucracy

8. Value add of managers

Factors not to consider;

1. Market share

2. Production process

3. Distribution process

4. Personal affiliation, race or religion

Explanation:

When considering a company's span of control, which simply means the number of junior staff a manager should manage, it is important to note factors relating to geographical coverage, a wide coverage can create difficulties in supervision to a manager. Consequently reducing the span of control.

Specialisation also help in ensuring the manager is an expert in the area he or she supervise. Experienced manager with good understanding of the tasks, good knowledge of the workers and good relationships with the workers, will be able to supervise more workers

The complexity of a sale process can affect a manager's supervision performance. if the sale process for example require an online payment to a final user who may not be physically available. Supervising such sales requires adequate training.

Other factors like; Tenure, Sales Representative leadership, Support network, Internal Bureaucracy, Value add of managers are paramount in determining span of control. However, market share, production process, distribution process and personal affiliation, race and religion should not affect the span of control.

3 0
3 years ago
Read 2 more answers
Kendra owns a sporting goods store. She is in court because of a breach of contract lawsuit against her supplier. One of the ter
Olenka [21]

<u>Answer:</u>

<em>Yes, but only to clarify the ambiguous contract terms </em>

<em></em>

<u>Explanation:</u>

Breach of contract is a legitimate reason for activity and a sort of common wrong, wherein a sound understanding of anticipated trade isn't regarded by at least one of the gatherings to the agreement by non-execution or obstruction with the other party's presentation.

A material breach is the most genuine type of break of agreement. In these cases, somebody has failed to maintain their obligations as spread out in the contract. At the point when this happens, the harmed party can seek after harms in a standard suit. In the end, when a contractual worker finishes an undertaking yet isn't paid, this is viewed as a material breach.

6 0
3 years ago
What company did donald trump work for after attending college?
Brrunno [24]
'Elizabeth Trump and Son', which was Donald Trump's Father's company.
7 0
2 years ago
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