Jeff's pizzeria can handle 30 orders during the day.It wanted to increase this number,so it started making its delivery boys do minor chores in the kitchen when they were not out for delivery and made some of the chefs pick up customers' calls.This doubled the number of order Jeff's Pizzeria could handle.This approach is an example of <u>Synergy</u>
Answer: The correct answer is (B)
<u>Explanation:</u>
Synergy takes place when a concern use teams to increase performance and growth and it helps in achieving common goals.Synergy means collective performance or action which multiply the speed of team.
Synergy approach helps in speeding up the job and completing it in a desired time period.It increases the effectiveness of the team and enable the team to share common perspective,knowledge and experience.
Even if the members of the team are not talented enough but with group efforts or synergy a team can accomplish the things beyond their skills.
Synergy makes the team stronger .Ever team member gets the benefit and become prosperous.
Answer:
The payback period for this project is 2.43 years.
Explanation:
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.
The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.
The payback period is the time it takes to cover the investment to be covered by returns.
The investment cost remaining in the first year
= $1,850,000 - $525,000
= $1,325,000
The investment cost remaining in the second year
= $1,325,000 - $812,500
= $512,500
The third year payback
=
= 0.427
The total payback period
= 2.43 years
Answer:
d. Both Ted and Kate are entitled to the dividend.
Explanation:
There are 3 important dates when a corporation declares a dividend:
- The declaration date: in this case June 20th. It is the date when the corporation declares that it will pay a certain cash dividend.
- The date of record: the date of record is one day after the ex-dividend date, which means that the stockholders that the stock until the ex-dividend date will be entitled to receive the dividend. The stockholders that purchase the stock on the record date or any date after the ex-dividend date, will not be entitled to receive the dividend. In this case, the ex-dividend date was July 11th, and both Ted and Kate purchased the stocks before that date.
- The date of payment: the actual date when the dividends are distributed, in this case, August 1st.
Answer:
b. inelastic
c. Yes - it decreased
Explanation:
Elasticitiy of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
= -2/4 = -0.5
The absolute value is 0.5
If the absolute value of the coffiecnet of elasticity of demand is less than one, demand is inelastic.
Demand is inelastic if a change in price has no effect on quantity demanded .
We can tell that the quantity demanded fell because of the negative sign in front of the percentage change in quantity demanded.
I hope my answer helps you