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Vera_Pavlovna [14]
3 years ago
15

If you were in the dry-cleaning business, whom would you benchmark for their technological innovations? List companies in relate

d fields that would be inside and outside your industry.
Business
1 answer:
Ivanshal [37]3 years ago
6 0
I really have no idea what companies you have in your region that offer the same services. However, you may choose a company that is very well-known for their dry-cleaning services. You may want to compare your services, machineries, and others compared to your benchmark. 
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How can a business deal with employees who have lack of focus and future goals ?​
LenKa [72]

Answer:

motivation

Explanation:

Encourage them,make them see vision .

5 0
3 years ago
Maria currently earns a REAL/NOMINAL wage of $12.00 per hour; in other words, the amount of her paycheck each week is $12.00 per
Temka [501]

Answer:

1) 12/3= 4 gallons of milk per hour is her real wage

Her nominal wage is $12 per hour, we then divide her nominal wage by the price of gallon of milk in order to find out how many gallons of milk can she afford from one hour of work. 12/3=4 so 4 gallons of milk is her real wage per hour.

2) Workers and firms negotiate compensation packages and agree on a Nominal wage with those expectations in mind, as nominal wage is the actual amount of money that they get. If the price level turns out to be lower than expected, a workers nominal wage is the same because he will be paid the same amount of money, but his real wage will be higher than expected, because real wage refers to the purchasing power of your money and when price levels are lower than expected the worker can buy more goods and services from the same nominal wage, which means that his real wage is higher than expected

3) Her Nominal wage increased from 12 to 12.36 which is

(12.36-12) =0.36

0.36/12= 3%

So her Nominal wages increased by 3%

If  inflation was 3% the price of milk would have been (1.03*3)= 3.09 but because inflation was 2% the price of milk was (1.03*3) = 3.06 so in order to find out the increase in real wage we will subtract inflation from the increase in nominal wage

Increase in nominal wage 3%

Inflation 2%

Real wage increase =3-2

= 2% real wage increase.

Explanation:

3 0
3 years ago
Which of these should happen in order for a country to increase capital effectively?
BaLLatris [955]
<span>More money should be invested than is saved. This net investment allows for a growth in both human capital and equipment that leads to an increase in output and an increase in employment. An increase in employment increases the overall output even further, allowing for more demand, more revenue, and further investment.</span>
7 0
3 years ago
The Lebanese steel factory “STEEL CO” was the leader in its market for many years. Today, the management noticed that sales are
Fiesta28 [93]

Answer:

1.) Traditional competitor

2.) Product differentiation & Customer intimacy

3.) C

Software / Telecommunications / Hardware

4.) Value chain

5.) ESS

Explanation:

1.) The company was aware of its competitors' marketing strategies and pricing to any changes made. Rivalry among competitors tends to be cutthroat and industry profitability low while having the potential factors.

3.) An information system is essentially made up of five components hardware, software, database, network and people. These five components integrate to perform input, process, output, feedback and control. Hardware consists of input/output device, processor, operating system and media devices.

4.) Value chain is the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service.

5.) An Executive Support System (ESS) is software that allows users to transform enterprise data into quickly accessible and executive-level reports, An ESS enhances decision making for executives. ESS is also known asExecutive Information System (EIS).

4 0
4 years ago
Read 2 more answers
For the current year, Hodges Department Store reported the following data:
Ostrovityanka [42]

Using the lower-of-cost-or-market rule, what is the cost of goods sold for Hodges is: C. $989,020.

<h3>Cost of good sold</h3>

Using this formula

Cost of goods sold=Goods available for sale-Inventory balance

Where:

Goods available for sale=$1,074,450

Inventory balance=$85,430

Let plug in the formula

Cost of good sold=$1,074,450-$85,430

Cost of good sold=$989,020

Inconclusion Using the lower-of-cost-or-market rule, what is the cost of goods sold for Hodges is: C. $989,020.

Learn more about Cost of good sold here:brainly.com/question/24561653

5 0
3 years ago
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