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kozerog [31]
3 years ago
12

Emily included the following passage in her report: "Other mid-price restaurants in the Chicago area have achieved phenomenal su

ccess by offering several vegetarian options on their menus. I suggest that Family Feast test whether this approach will benefit us by gradually rolling out new menu choices, one at a time, over a six-month period. We can then do customer surveys to determine how the new dishes have been received." What should Emily change to make her report more objective?
Business
2 answers:
Ratling [72]3 years ago
8 0

Answer:

Change "achieved phenomenal success" to "improved customer satisfaction."

Explanation:

This is because it has to do with customers services and from an end customer’s point of view to evaluate current perspectives, emerging needs and preferences, and it's impact on business outcomes.

Varvara68 [4.7K]3 years ago
5 0

Answer: The options are given below:

A. Change the suggestion of a gradual, six-month rollout to an immediate overhaul of the menu.

B. Change "achieved phenomenal success" to "improved customer satisfaction."

C. Replace the vague phrase "several vegetarian options" with the names of specific menu choices.

D. Eliminate the subjective step of following up with customer surveys.

E. Change the six-month rollout period to a six-week period to obtain results more quickly.

The correct option is B.

Explanation: Emily should change "achieved phenomenal success" to "improved customer satisfaction" and this is because this report is a subjective report. This means that it is based on her feelings and personal opinions, and it is not acceptable to present reports with facts in this manner.

When presenting reports, the best way to do it is to do it in an objective manner, where the report is not influenced by the personal feelings of the person presenting the report.

In the scenario given above, Emily has committed this error of allowing her personal feelings to influence the report. The better way to report it would be to state the facts subjectively, and this is by stating that the restaurants that offered vegetarian options in their menu have achieved "improved customer satisfaction".

This is because the report is from the point of view of the customers concerned.

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Normative and positive statements.
deff fn [24]

Answer:

a. positive

b. normative

c. positive

d. normative

Explanation:

Note that a normative statement as used in economics refers to a view of what should be done, or how things or policies should be or not be. While the Positive statement gives a point blank description of what the state of things are.

a. It is a fact of course that in the past decades U.S. companies have outsourced millions of job overseas, thus this is a positive (descriptive) statement.

b. By saying companies that outsource jobs are acting immorally indicates a normative or judgemental view of what is morally right.

c. This statement is a fact, because such actions is in line with economic theory; in effect would stop outsourcing jobs.

d. This is rather a view of what should be done. Which clearly indicates the statement as normative.

6 0
3 years ago
People live for four periods. They can choose to work for all four periods, or can attend school in the first period and then wo
blondinia [14]

Answer:

People should disregard schooling and  thus work in the entire life period.

Explanation:

Condition 1--- Work throughout the 4 periods

The NPV = \frac{30,000}{1.1} + \frac{30,000}{1.1^2} + \frac{30,000}{1.1^3} + \frac{30,000}{1.1^4}

= 27,272. 7 + 24,793.3 + 22,539.4 +20,490.4

= 95,095.8

Condition 2 - Attend school and work later

The NPV = -28,000 + \frac{50,000}{1.1^2} + \frac{50,000}{1.1^3} + \frac{50,000}{1.1^4}

= -28000 + 41,322.31 + 37,565.7 + 34,150.6

=   85,038.61

Conclusion: Since the NPV of not going to school is higher, people should disregard schooling. They should work in the entire life period.

3 0
3 years ago
Nine subjects, 87 to 96 years old, were given 8 weeks of progressive resistance weight training. strength before and after train
Serga [27]

Answer:

11.611 +/- 3.013

Explanation:

3     3.5     4       6        7          8        8.5        12.5       15

7      17      19      12       19       22       28         20         28

difference

4      13.5    15     6       12        14        19.5        7.5         13

mean = 11.611

the standard deviation ⇒ 7.611² + 1.889² + 3.389² + 5.611² + 0.389² + 2.389² - 7.889² + 4.111² + 1.389² = 57.927 + 3.568 + 11.485 + 31.483 + 0.151 + 5.707 + 62.236 + 16.9 + 1.929 = 191.386/9 = √21.265 = 4.611

standard deviation = 4.611  1.918

confidence interval = mean +/- [(standard deviation/√9) x 1.96]

11.611 + [(4.611/3) x 1.96] = 11.611 + 3.013

11.611 - [(4.611/3) x 1.96] = 11.611 - 3.013

4 0
3 years ago
The term economies of scale refers to the fact that as the:
frutty [35]

Answer:

quantity of product produced in a given period increases, the cost of manufacturing each unit decreases

Explanation:

Economies of scale happens when the average total cost (variable + fixed production costs per unit) decreases as total output increases. This generally takes place because fixed costs are the same for a small number of units produced or a large number of units produced, so the average fixed cost per unit tend to decrease as more units are produced (at least up to certain point). Variable production costs per unit can also decrease as total output increases since materials might be purchased in larger quantities resulting in higher discounts or labor productivity increases.

7 0
2 years ago
Outdoor Company is located in Kirkland, Washington, where the city and the state have minimum wage laws. Outdoor pays its starti
Mademuasel [1]

Answer: the highest of the minimum wages.

Explanation:

The company will have the pay the minimum wage that is the highest because they are under the authority of all three governments and paying the highest minimum wage would ensure that they automatically follow the minimum wages set by the other two authorities.

For instance; the federal minimum wage is $7.25 per hour, the state minimum wage is $10 per hour and the city minimum is $12 per hour. When the company pays $12 an hour, they would be adhering to the city minimum and automatically adhering to the Federal and State minimums as well.

7 0
3 years ago
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