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3 years ago

What are the advantages of collecting payment at the time of service?

1 answer:

8 0

<span>Your business can make a profit but still not have enough cash on hand if you don’t collect payment at the time of service. At one given time, you may not have enough cash to pay your bills or payroll, Collecting payment at the time of service will ensure that you have enough cash coming in when you need to pay cash out. </span>

The best example is hospitals. These days, insured <span>patients are no longer allowed to walk out of the hospital without paying because of high administrative costs and low collection rates.</span>

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those people who own the mode of production are typically of than laborers. group of answer choices a lower class the same class

hoa [83]

Those people who own the mode of production are typically of higher class than laborers.

In the Marxist theory of historical materialism, a mode of production refers to a specific combination of the productive forces, which tend to include the human labour power, and another one is the social and technical relations of production.

So, here Marx says that a person's productive ability and his participation in the social relations are known to be the two essential characteristics of social reproduction. Thus, those people who tend to own the mode of production are typically of the higher class than the laborers.

Hence, option C is correct.

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1 year ago

Which of the following is an advantage of the interacting group decision-making method? a.Interaction among people can spark new

uysha [10]

Answer:

The correct answer is letter "A": Interaction among people can spark new ideas.

Explanation:

Group decision-making is the activity in which members of a get together to collectively decide the course of the plan they will take to reach the group's objective. This practice allows individuals of a group to feel their voice is being heard and are more likely to accept the final decision to be taken since they will feel part of their ideas are included there. It is thanks to the interaction among those individuals that the ideas helping to the concluding decision are sparked.

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3 years ago

Explain how a manager at a Subway or any fast food restaurant restaurant can use feedforward control to get the best customer sa

egoroff_w [7]

Customer satisfaction is increased as a result of quality management, which also enables businesses to meet customer expectations. One of the key areas where businesses need to be knowledgeable enough is in the service quality.

<h3>What is Subway or any fast food restaurant?</h3>

One of the top brands on the global market is Subway, which places a high priority on maintaining the quality of its products and providing excellent customer service.

Some key features regarding the subway are-

It consistently emphasizes the quality of the ingredients as well as the eventual deliverables in its marketing methods.
The business is committed to providing natural food products that are healthful and free of artificial additives and calories.
The customers' health is directly correlated with the meal quality.
To remain competitive in the marketplace and achieve its goal of being the healthiest alternative in the fast food sector, the company must maintain the quality of the items.

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2 years ago

If government purchases increase by $10 billion and the economy's mpc is. 8, the aggregate demand curve will shift _____

Ad libitum [116K]

If government purchases increase by $10 billion and the economy's MPC is. 8, the aggregate demand curve will shift <u>rightward by $50 billion at each price level.</u>

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A series of markets where goods and services are exchanged, facilitated by capital, combine to make an economy. These networks exist at a local, national and global level. Economies can take many exclusive forms, focus on various priorities, and feature distinct levels of government intervention.

Financial issues influence our everyday lives. This consists of problems such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment. Economic systems can be categorized into four major types: traditional economies, command economies, mixed economies, and market economies.

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5 0

2 years ago

Carol Thomas will pay out $14,000 at the end of the year 2, $16,000 at the end of year 3, and receive $18,000 at the end of year

Fittoniya [83]

The net value of the payments vs. receipts in today's dollars is ($11,102).

<h3>What is the present value?</h3>

The present value of future cash flows is the current value or the value in today's dollars. It is computed by discounting the future values at the appropriate discount rate.

The present value can be computed using the Present Value formula, an online finance calculator, or the PV factor table.

Formula

PV=FV \frac{1}{(1+r)^{n}}

PV = present value

FV = future value

r = rate of return

{n} = number of periods

<h3>Data and Calculations:</h3>

Interest rate = 12%

Period Cash flow PV Factor PV

Year 2 ($14,000) 0.797 -$11,158 ($14,000 x 0.797)

Year 3 ($16,000) 0.712 -$11,392 ($16,000 x 0.712)

Year 4 $18,000 0.636 $11,448 ($18,000 x 0.636)

Net present value of cash flows -$11,102

Thus, the net value of the payments vs. receipts in today's dollars is ($11,102).

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2 years ago