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RUDIKE [14]
3 years ago
11

Which of the following statements regarding "proximity" in the location decision is FALSE?

Business
1 answer:
vfiekz [6]3 years ago
3 0

Answer:

B. Clustering among fast food chains occurs because they need to be near their labor supply.

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You are computing the discount rate for a project in the furniture business. Your firm is 100% equity financed and will remain t
cestrela7 [59]

Answer:

The given statement is correct

Explanation:

A well-perceived strategy to measure the cost of the capital for a project is 'pure-play'. As indicated by pure-play procedure, a firm faces two kinds of risks, the most significant is financial leverage risk as beta increases due to an increase in financial leverage risk and the second type is an operational risk. If a firm is persuaded to apply the pure-play method for the calculation of the cost of capital, for that, they should utilize the unlevered beta for the organization that is working in the same industry. Therefore, according to this technique, the given explanation is right.

3 0
3 years ago
Given the following information, compute accounts receivable turnover. Gross sales $150,000 Accounts receivable, beginning of ye
STatiana [176]

Answer:

6.75

Explanation:

Given that,

Gross sales = $150,000

Accounts receivable, beginning of year = $18,000

Sales = $135,000

Accounts receivable, end of year = $22,000

Average accounts receivables:

= (Beginning AR + Ending AR) ÷ 2

= ($18,000 + $22,000) ÷ 2

= $40,000 ÷ 2

= $20,000

Accounts receivable turnover:

= Sales ÷ Average accounts receivables

= $135,000 ÷ $20,000

= 6.75

Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.

5 0
3 years ago
The ________ phase of the customer relationship management process is where organizational learning occurs based on customer res
k0ka [10]

Answer:

The<em> <u>analysis and refinement</u></em><u> </u> phase of the customer relationship management process is where organizational learning occurs based on customer response to the implemented strategies and programs.

6 0
3 years ago
Read 2 more answers
Steve Jobs was a demanding perfectionist when it came to his business. In fact, the case recounts instances where Jobs would hav
Lapatulllka [165]
Based on the given description above about Steve Jobs, among the five big personality dimensions, the type of behavior that Steve Jobs seem to be most related to is LOCUS OF CONTROL. This kind of behavior is manifested by someone who believes that their actions can highly influence the impact or result of their tasks.
6 0
3 years ago
The Bijou Theater in Hermosa Beach, California, shows vintage movies. Customers arrive at the theater line at the rate of 100 pe
a_sh-v [17]

Answer:

<u>Task a: </u>

<u>What is the average customer time in the system?</u>

Answer: 30 seconds

<u>Task b:</u>

<u>What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?</u>

Answer: 33.34 minutes

<u>Task c:</u>

<u>Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?</u>

Answer: 16.67 minutes

Explanation:

<u>Task a:</u>

<u>What is the average customer time in the system?</u>

<u>Solution:</u>

Average customer time = 30 seconds per customer.

Total number of customers in an hour = 100.

Total time taken to attend customers = time per customer*total customers

= 30*100 = 3,000 seconds or 50 minutes.

So, 100 customers are attended in 50 minutes.

Average time = 50/100 = 0.5 minutes or 30 seconds

<u>Task b:</u>

<u>What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?</u>

<u>Solution:</u>

If the average service time is reduced to 20 seconds, the customer time will reduce in the system.

For 100 customers, total time taken = 20*100 = 2,000 seconds or 33.34 minutes

Thus waiting time for the 100th customer has fallen from 50 minutes to 33.34 minutes.

<u>Task c:</u>

<u>Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?</u>

<u>Solution:</u>

In this case, 100 customers will be divided into 1/3rd each i.e. 100/3 in each line.

So, waiting time for the 100/3th customer = 100/3*original time = 100/3*30 seconds = 1,000 seconds or 16.67 minutes.

Thus, within 16.67 minutes the line would be serviced.

Therefore, System waiting time will be less than as calculated in b.

3 0
4 years ago
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