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vaieri [72.5K]
3 years ago
8

Which statement describes investing in human capital to increase productivity? Monica, the CEO of Happy Ride, a cab service in M

exico, has retired from her position. Her successor, Janice, decides to give the company a makeover. To increase productivity, Janice introduces several changes. She notices that there’s a higher demand for cabs on weekend nights, so she extends service hours from 12 hours to 24 hours on weekends. To strengthen brand recognition, she has all the cabs painted in the company colors. She even requires the drivers to wear a uniform with the company logo. Then she has a mobile app developed to turn Happy Ride into an app-based service. Recognizing the need to improve the customer experience, she introduces customer service and English language training for drivers.
Business
1 answer:
Blababa [14]3 years ago
3 0
This "Recognizing the need to improve the customer experience, she introduces customer service and English language training for drivers" statement describes investing in human capital to increase productivity.
 The human capital is the human employee resources of a company. Drivers are the Happy Ride's human capital. Janice made the investment for the drivers by making an expense in employee training. These pieces of training are the customer service and English training. These pieces of training mean to improve her employees' productivity. Thus, the sentence above is the most suitable choice.
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When practicing entrepreneurship, starting with means at hand involves ______. a.using your available resources to fund your ven
lord [1]

When practicing entrepreneurship, starting with means at hand involves analyzing who you are.

<h3>What is entrepreneurship?</h3>

entrepreneurship can be regarded as the term that describes owing a business and been responsible for both the risk and the profit.

Therefore, as an entrepreneur , you must be able to analyze who you are, so as to know your strength.

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3 0
2 years ago
Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,870,000
Elenna [48]

Answer:

$2.80 per chair

$2.25 per table

Explanation:

If cost is assigned at a rate based on direct labor hours, the total disposal cost for chairs and tables is, respectively:

D_c=\frac{254,000}{16,400+254,000}*\$630,000=\$591,789.94\\D_t=\frac{16,400}{16,400+254,000}*\$630,000=\$38,210.06\\

The respective disposal cost per unit is:

C = \frac{\$591,789.94}{211,000}=\$2.80/chair\\ T=\frac{\$38,210.06}{17,000}=\$2.25/ table

5 0
3 years ago
Read 2 more answers
A single-price monopoly can sell 2 units for $8.50 per unit. in order to sell 3 units, the price must be $8.00 per unit. the mar
MAVERICK [17]
Marginal revenue is the ratio that is calculated in order to account for the change in overall income that results from selling one additional unit. This term is usually considered a microeconomic term but has many managerial accounting applications. 

The formula to be used is,
             Marginal revenue = (change in total revenues)/(change in quantity sold)

Revenue for 2 units sold:   R = (2 units)($8.50/unit) = $17
Revenue for 3 units sold:    R = (3 units)($8.00/unit) = $24
   
Change in Total Revenue = $24 - $17 = $7

Marginal Revenue = ($7) / (3 - 2) = $7/1

<em>ANSWER: Marginal Revenue: $7/unit</em>
8 0
3 years ago
Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabil
kiruha [24]

Answer:

B. $9

Explanation:

Assets value = $500 million

Liability value = $50 million

Use following formula to calculate NAV

Net Assets value = Assets value - Liability value

Net Assets value = $500 million - 50 million

Net Assets value = $450 million

Net Assets value = $450 million / 50 million

Net Assets value = $9 per share

So, the correct option is B. $9.

6 0
4 years ago
The average management fee for all mutual funds is:
polet [3.4K]
The best choice is C, 0.50% to 1.25%, because they are only allowed to do roughly about 1% on mutual funds by state requirements and laws in the United States and other major economic groups. This interval is best because A is insanely low on mutual funds and would make the nation impossible to sustain itself, B is a bit too low, and D is absurdly high because 2.50% is a violation. Found this helpful? Give it a Brainiest Award.
7 0
3 years ago
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