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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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What is the present value of the following cash-flow stream if the interest rate is 5%? (Do not round intermediate calculations.
kodGreya [7K]

Answer:

Total PV= $948.6

Explanation:

Giving the following information:

Year Cash Flow

1 $250

2 450

3 350

Interest rate= 5%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV = Cf/(1+i)^n

PV1= 250/1.05= 238.1

PV2= 450/1.05^2= 408.16

PV3= 350/1.05^3=  302.34

Total PV= $948.6

6 0
3 years ago
Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software
kiruha [24]

Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software. This is an example of a strategic alliance.

A strategic alliance refers to a mutual bond between two companies that are arranged where they create their project while maintaining a certain degree of independence in decision-making.

  • This agreement between two companies adheres to a set of mutually agreed upon clauses and protocols while remaining independent organizations in and of themselves.
  • Strategic alliances are usually made in order to collaborate upon a project that ends up being beneficial for both the companies involved in the alliance, without hampering the independent capacities of any particular company.
  • Strategic alliance helps by expanding into a newer market, introducing new products, and efficiently dealing with new and potential competitors.

Therefore, Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software. This is an example of a strategic alliance.

Learn more about a strategic alliance here: brainly.com/question/4467038

#SPJ4

7 0
1 year ago
Never, Inc., earns book net income before tax of $500,000. In computing its book income, Never deducts $50,000 more in warranty
goldenfox [79]

Answer:

c.$10,500

Explanation:

The computation of the deferred income tax asset is shown below:

= Warranty expense for book purposes  × U.S tax rate

= $50,000 ×21%

= $10,500

For computing the deferred income tax asset reported, we simply multiply the warranty expense with the U.S tax rate.

Hence, we ignored the net income before tax as it is an irrelevant part which is given in the question

8 0
3 years ago
What steps must countries take to transition to a mixed-market economy?
scoray [572]

Answer:

The steps that contries must take to transition to a mixed-market economy is by first establishing a fair labor market, discouraging all foreign investment and opening up trade to other countries.

7 0
3 years ago
Matt has developed a mathematical model for the film distribution company that employs him. the model will help in determining r
patriot [66]

I guess the correct answer is management science

Matt has developed a mathematical model for the film distribution company that employs him. The model will help in determining release dates and the desirable number of screens for new movies. This model is an application of management science.

8 0
3 years ago
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