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GarryVolchara [31]
3 years ago
13

Cheyenne is the manager of a local small hotel. just today cheyenne received word that a major convention will be coming to town

next month, and the demand for hotel rooms is expected to skyrocket. in a conversation with the owner, she asked, "what should our approach to pricing be for the week of the convention? should we require payment in full at the time of the reservation?" which management method is cheyenne using?
Business
1 answer:
dexar [7]3 years ago
8 0
<span>I've found the choices on this question.</span>
<span>A. the devil's advocate method </span>
<span>B. scientific management </span>
<span>C. the synergy method </span>
<span>D. the contingency viewpoint </span>
<span>E. the diversity viewpoint</span>

The answer is D. the contingency viewpoint. It is the right moment of posing a challenge to the owner of getting the opportunity and decision that would match the given situation. The manager then sees this as the right choice as she waits for the owner  
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Lein's net income is $200,000 and its operating cash flows are $240,000. The company reports total assets of $1.6 million and $1
yarga [219]

Answer:

14.1%

Explanation:

Cash return on assets is the ratio of a company's operating cash flow to its average total assets. It shows how a company is generating cash flow from its assets and compares a company’s profitability with other companies.

Cash return on assets = operating cash flow / average total assets

Given that:

operating cash flows = $240,000

Average total assets = ($1.6 million + $1.8 million) / 2 = $1.7 million.

Therefore, Cash return on assets = $240000 / $1.7 million = 0.141 = 14.1%

6 0
3 years ago
Can someone help pick 1, 2,or 3 ?
ollegr [7]

Answer:

2no I think you are confused so

8 0
2 years ago
To maximize utility, a consumer should allocate money income so that the Multiple ChoiceA) elasticity of demand on all products
ikadub [295]

Answer:

D) Marginal utility of the last unit of each product consumed is the same.

Explanation:

To maximize utility with a given income constraint, a consumer must chose products to maximize utility. This can be done so that each extra dollar, which is the marginal income, spent on each of these products yields the equal marginal utility. For example if one product yields more marginal utility per marginal dollar spent, the consumer should reallocate their income so they consume more of this product and less of others, so much so that the utility derived from this product equals utility derived from other products.

Utility is maximized when these marginal utilities per marginal dollar spent coincide.

Hope that helps.

6 0
3 years ago
Hazel owns an event planning company that specializes in very high-end events. Several years ago, Hazel purchased a magnificent
Nastasia [14]

Answer:

D. If Hazel sells the chocolate fountain for $3,300, she will have a $1,500 capital gain.

Explanation:

I´m assuming that Hazel is a person that owns this event planning company.

The current book value of the chocolate fountain = purchase cost - accumulated depreciation = $3,000 - $1,200 = $1,800

If the chocolate fountain (or any asset) is sold at a higher price than book value, then a capital gain must be recognized. If the chocolate fountain is sold at a lower price than book value, then a capital loss should be recognized.

$3,300 (selling price) - $1,800 (book value) = $1,500 capital gain

6 0
3 years ago
Some companies want to get their products into as many outlets as possible, understanding that the more exposure a product gets,
azamat

Answer:

Mass Distribution

Explanation:

Mass distribution strategy is one of three approaches to distribution in marketing. It is engaged where an organisation seeks to sell its goods to as many customers as possible. Intermediaries with very wide market base are usually the targets for such organisations.

7 0
3 years ago
Read 2 more answers
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