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3 years ago

When Scott says, “Human resources is one of the most important things we do in our business,” what is he referring to?

1 answer:

6 0

Scott's reference to Human Resources refers to the treatment of employees. Employees are important to a business for numerous reasons. Retention of employees reduces the costs associated with the on boarding of new hires. Employees that feel invested in also often form loyalty for their employer and may contribute more than expected to their tasks.

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Marketing logistics involves getting the right product to the right customer in the right place at the right time. Which one of

Zinaida [17]

Answer:

D.gathering customer's ideas for new products

Explanation:

Marketing logistics involves getting the right product to the right customer in the right place at the right time. This includes the following:

A.planning the physical flow of goods and services

B.implementing the plan for the flow of goods and services

C.controlling the physical flow of goods, services, and information

E.planning the flow of logistics information to meet customer requirements at a profit

BUT

Marketing logistics does not include the gathering customer's ideas for new products as that borders on gathering customer feedback for new product development.

This is the case because by definition, Marketing logistics has to do with the planning, implementing, and controlling the flow of physical goods and information from the producer to the market; with the aim of profitably meeting customer's demands.

So it is clear that the flow of information back to producers from customers is not covered in marketing logistics.

4 0

3 years ago

Jerry and Ernie are comparing their tax situations. Both are paying all of the nursing home expenses of their parents. Jerry can

Andre45 [30]

Answer:

The cost of care in a nursing home, along with the cost of meals and lodging, should be included with the costs for medical or nursing care if the primary reason is to obtain medical care for their parents.

If the primary reason for being there is personal, the total costs for medical or nursing care should be included in the total of deductible medical expenses, but the costs of meals and lodging should not be included.

Consequently, it appears that Jerry's parents are in the nursing home to obtain medical care, while Ernie's parents are in the nursing home for personal reasons other than medical care.

7 0

3 years ago

Corporation produces a single product. The standard cost card for the product follows:

Likurg_2 [28]

Answer:

Results are below.

Explanation:

To calculate the direct material price and quantity variance, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 2.1)*56,100

Direct material price variance= $169,690 favorabe

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (8,840*4 - 36,450)*5

Direct material quantity variance= $5,450 unfavorable

To calculate the direct labor efficiency and rate variance, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1.5*8,840 - 18,000)*10

Direct labor time (efficiency) variance= $47,400 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (10 - 8.2)*18,000

Direct labor rate variance= $32,400 favorable

8 0

3 years ago

Suppose that the annual rate of returns on dollar deposits equals 2% and the rate of return on euro deposits is 1%. Furthermore,

Oliga [24]

Answer:

I should invest in dollar deposits.

Explanation:

Current exchange rate is 1 euro = $1.08

Assuming I have y euro, the equivalent in dollar is $1.08y

Rate of return on dollar deposit = 2% = 0.02

Return on investment = $1.08y + (0.02 × $1.08y) = $1.08y + $0.0216y = $1.1016y

Rate of return on euro deposit = 1% = 0.01

Return on investment = y euro + (0.01 × y euro) = y euro + 0.01 y euro = 1.01y euro = 1.01y × $1.08 = $1.0908y

I should invest in dollar deposits because the return on investment is greater than euro deposits.

5 0

4 years ago

What's the main reason to use a personal budget?

V125BC [204]

Answer: B, stay out of debt

Explanation: A budget reveals areas where you're spending too much money so you can refocus on your most important goals. A budget can keep you out of debt or help you get out of debt. A budget actually creates extra money for you to do use on things that matter to you.

4 0

3 years ago

Read 2 more answers