Answer:
a. $295.81
Explanation:
Total market value = (310 * 10.2) + (260 * 20.4)
Total market value = 3,162 + 5,304
Total market value = 8466
Joint cost allocated to L on basis of value
= [ (310 * 10.2) / 8,466] * 792
= (3,162 / 8,466) * 792
= $295.81
Answer:
Customer relationship management (CRM).
Explanation:
CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, these employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.
Hence, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.
Answer:
Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find
good chefs for her restaurant. Which type of resource is Elena lacking?
Elena is lacking Labor resource.
Explanation:
The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.
A business usually needs the following type of resources: labor, capital and land.
As we said previously Labor is the resource related to people.
Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.
Capital is the resource related to the money or financial investment needed to cover the initial launching costs.
Answer:
Forecast for the month of July = 41,600,000 Checks
Explanation:
The question is determine the forecast for the month of July for the Check Processing Center
first, what is the forecast for June= 42 Million Checks also called Fjune
Actual checks received in June = 40 million checks also called Ajune
The smoothing constant is 0.2
Hence, the forecast for July known as the Fjuly
= a x Ajune + (1-a) x SFune
= 0.2 x 40,000,000 + (1-0.2) x 42,000,000
= 8,000,000 + 33,600,000
Forecast for the month of July = 41,600,000 Checks
Answer:
<u>C</u>
Explanation:
Because in the aging method, you firstly calculate the aging of the items. And then, in the end of the period, you build the Allowance for Doubtful Accounts estimating the collections that are hard to get the amount of money.
