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SOVA2 [1]
2 years ago
15

Patterson’s patties is a fast-food hamburger chain with over 1,000 locations worldwide. Recently, the company has been dealing w

ith an e. Coli outbreak in its ground beef causing dozens of diners to get sick. As a result, the chain’s sales are taking a hit. The company is organizing its response to the situation from its small 20-person home office, where morale has also gone down. What medium of communication should the ceo of patterson’s use to communicate with customers and home office employees? select one medium for each of the two stakeholders and explain why it is the best choice for the particular situation.
Business
1 answer:
o-na [289]2 years ago
6 0

The communication medium that will be used in this scenario is the use of SMS to pass the information to them.

<h3>What is communication?</h3>

It should be noted that communication is the process by which information is exchanged between individuals through a common system of symbols, or behavior.

Communication is the act of giving, receiving, and sharing information and good communicators listen carefully, speak or write clearly, and respect different opinions.

For communicating with customers, I would use a medium of SMS to the customer's registered mobile numbers and social media to inform them regarding the problem.

This would help to reach out to customers far and wide and this communication can be executed within a short span of time, as is the requirement of the situation.

To communicate with the home office employees, who are 20 in number, I would suggest using voice calling them to take necessary measures and ensure the safety and health of consumers.

Learn more about communication on:

brainly.com/question/26152499

#SPJ1

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A young man is badly injured when his cell phone battery catches fire. What type of insurance should the manufacturer of the cel
Leno4ka [110]

either Fire Legal Liability Coverage or state farm either will do but im leaning more towards the fire laibilty coverage

hope this helps:)sorry if it doesnt

8 0
3 years ago
Read 2 more answers
Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieve
Sidana [21]

After every service rendered, there is a payment for it. when it is hourly, it is termed wages, when it is monthly, then, it is called salary.

Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved

<h3>Wages</h3>

Wages a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis.

Therefore, the it refers to rewards based on the number of hours the employee works or the level of output achieved.

learn more about wages: brainly.com/question/1622389

6 0
2 years ago
While searching Ancestry.com, you learn that you are a direct descendant and sole living heir of Alexander Hamilton who founded
34kurt

Answer:

C. $1.24 million

Explanation:

Given that

Annualized interest compounded = 5%

For monthly, it would be = 5% ÷ 12 months = 0.4167%

Time = 235 years

For monthly, it would be = 235 years × 12 months = 2,820

Present value = $10

We know that

Future value = Present value × (1 + interest rate)^number of years

                     = $10 × (1 + 0.4167%)^2820

After solving this, the answer would be  $1.24 million

6 0
3 years ago
At Mattel, a marketing information system stores data on regional sales activities, promotional costs, and international invento
Sonja [21]

Answer:

It is false.

Explanation:

At Mattel, a marketing information system stores data on regional sales activities, promotional costs, and international inventory levels. These data are not examples of external sources but are internal sources.

Internal sources of market information are informations that are gotten from within the company such as regional sales activities, promotional costs, and international inventory.

However, the external sources of information are informations that are gotten outside of the company such as survey from customers, competitors etc.

5 0
3 years ago
Which type of account typically has low liquidity?
il63 [147K]

Option (d) is the correct option.

<u>Certificate of deposit has low liquidity because the money can be withdrawn after the maturity period. It cannot be converted to cash immediately. </u>

Further Explanation:

Liquidity:

Liquidity is a measurement of an asset’s ability to convert it into cash. If any specific asset can be converted into cash quickly, then it is considered a liquid asset.  

Example: Stock, Debtors, Marketable securities are liquid assets as they can be converted into cash very quickly. On the other hand, land and building are not liquid assets as they would require a longer time to convert into cash.

Low liquidity account:

<u>Certificate of deposit is a low liquidity account. </u>

Certificate of deposit:

Certificate of deposit is a saving account. In certificate of deposit, the customer of the bank deposits lump-sum amount in the bank account, and it can be withdrawn after a specified time. Certificate of deposit has a higher interest rate than a normal saving account. Generally, the tenure of the certificate of deposit varies from 1 year to 10 years. The customer of the bank cannot withdraw the funds before the maturity date of the deposit.

Certificate of deposit has lower liquidity because the funds cannot be withdrawn before the maturity date of the deposits. Once deposited, the funds can be converted to cash after the maturity period, which varies from 1 year to 10 years as per the agreement with the customer.  

<u>Certificate of deposit has low liquidity because the money can be withdrawn after the maturity period. It cannot be converted to cash immediately </u>

<u> Checking account, savings account, and money market account has high liquidity as money can be readily withdrawn from these accounts. </u>

<u> </u>

Learn more:

1. Learn more about cash budget

brainly.com/question/12985585

2. Learn more about the role of money

brainly.com/question/12984919

3. Learn more about the cash deficiency

brainly.com/question/12981857

Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Money and Banking

Keywords: Account, Bank account, Bank, Liquidity, High liquidity, Low liquidity, Saving account, Checking account, Money market account, Certificate of deposit, Converted to cash.

3 0
3 years ago
Read 2 more answers
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