29 minutes ago On December 31, management had determined that it would not be able to collect the $1,200 owed to it by one of its customers.
Answer:
<u>Marketing</u>
Explanation:
Carol Veldt has decided to ask selected guests to participate in an extensive survey about their experience at Seagull Terrace and about their requirements in terms of amenities and cuisines. By implementing the suggestions she receives from guests Carol would be following the marketing concept.
<em>Marketing concept has 4 elements they are :</em>
<u>Product Mix</u> : Decisions regarding the product.
<u>Price Mix</u> : Decisions regarding the price of the product.
<u>Promotion Mix</u> : Decisions regarding the advertisement and selling of the product .
<u>Place Mix</u> : Decisions regarding the distribution of the product .
The main purpose of Marketing concept is to achieve customer satisfaction by satisfying there demand by taking care of there need.
Marketing Concept begins when the idea of producing the goods come in the mind of the businessman and ends with the satisfaction of the customers . The satisfaction of customer is placed at the top because in today's world customer is consider as the king of the market .
Marketing concept helps the company in framing the good public image by satisfying the need of the customer and producing the goods according their demand.
This is true that RESPA was developed to help buyers understand settlement processes and costs.
<h3>What is RESPA?</h3>
In order to give homebuyers and sellers accurate settlement cost disclosures, the U.S. Congress passed the Real Estate Settlement Procedures Act (RESPA) in 1975. RESPA was also developed in order to limit the usage of company accounts, forbid kickbacks, and remove abusive tactics in the real estate settlement process. The Consumer Financial Protection Bureau is now in charge of enforcing the federal law known as RESPA (CFPB).
Hence, The Real Estate Settlement Procedures Act (RESPA) aims to lower mortgage interest by doing away with referral fees and kickbacks while also improving disclosures of settlement costs to customers.
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The thing that would most likely be a principal immediate threat to this firm is<u> Rapidly advancing technology</u>
<h3>What is a Business?</h3>
This refers to the venture that is embarked on, primarily for the aim of making a profit.
Hence, we can see that The thing that would most likely be a principal immediate threat to this firm is<u> Rapidly advancing technology</u>
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This is because with advances in technology, there would be cheaper alternatives that are better to manufacture the clothing and she would be pushed out of business.
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Answer:
C) One worker can easily sabotage the productivity of other workers.
Explanation:
This is a form of compensation by merit that comprises the performance of a team as a whole, so this is a way of motivating both group work and individual work.
In the scenario above, we can see that this compensation plan would be effective in leveraging the performance of individual workers, and of teams, because if each member of the team is more productive, it will benefit the team as a whole. And this method will not affect the productivity of other teams, as each team will be encouraged and engaged to do the best job possible to achieve merit pay.
The alternative that does not correspond to the question that this incentive may be better than other methods to motivate workers to work harder, is the one that says that a worker can sabotage the productivity of other workers, as that worker is also likely to be engaged in not sabotaging the work of other team members, as the remuneration bonuses depend on the effort of the entire team to work together, and not just one employee.
