1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
4 years ago
8

The Ritz-Carlton hotel offers restaurants with the finest service, elevators that run smoothly, and a front desk that processes

people quickly. Many times fresh-cut flowers are in the lobbies and dishes of fruit are in each room. __________ is responsible for implementing these customer benefits.
Business
1 answer:
Paha777 [63]4 years ago
7 0

Answer:

The correct answer is: operations management.

Explanation:

Operations management refers to the management of business practices within a company to achieve the highest possible level of quality, in an attempt to increase profit. There is a wide range of activities that fall under the category of operations activities. Among them, we can identify quality service assurance.

You might be interested in
In 1985, Alice paid $20,000 for an option to purchase ten acres of land. By paying the $20,000, she bought the right to buy the
nata0808 [166]

Answer:

Alice should exercise the option and pay $100,000 for the land.

Explanation:

As Alice has paid $20,000 for the option to acquire the land of ten acres.

In 1985, the worth of land was $120,000 but in 1992, the worth changed to $110,000. She should exercise the option because the inflation rate is the reason in the decrease in the worth of land. By buying the land, she can utilize the land by investing in it instead of holding the money as it will depreciate. By investing the money, she will get the profit and will increase in her wealth. Moreover, she can use other options by selling to another person after adding some value to the land and can get the profit.

8 0
3 years ago
Explain how a person who pursued a career in accounting could succeed as an entrepreneur.
rosijanka [135]

Answer:

own their own accounting business

4 0
3 years ago
Your neighbor Bob has two annuities. The first annuity will pay him $10,000 per month for the next 10 years. The second annuity
german

Answer:

$1,643,344.308

Explanation:

These are Ordinary annuities because if it is not mentioned that the payments are made at the <em>beginning </em>of the year which is the case for Annuity Due.

You can use a financial calculator to find the Present value of these two ordinary annuities.

<u> PV of Annuity 1 from (yr1-yr10)</u>

Recurring payment; PMT = 10,000

Total duration ; N = 10 *12 = 120 months

Monthly interest rate in this case ; I/Y = 6%/12 = 0.50%

Future value ; FV = 0 (use 0 if annuity variable is not given )

then CPT PV= $900,734.533

<u>PV of Annuity 1 from (yr11-yr20)</u>

This will happen in 2 steps sice it is a forward-starting annuity;

Recurring payment; PMT = 15,000

Total duration ; N = 10 *12 = 120 months

Monthly interest rate in this case ; I/Y = 6%/12 = 0.50%

Future value ; FV = 0 (use 0 if annuity variable is not given )

then CPT PV( at t=10)= $1,351,101.80

Next find the PV of $1,351,101.80  at t=0;

$1,351,101.80 /(1.005^120) = $742,609.7754

Next, find the sum of these two PVs to find the answer;

=$900,734.533 + $742,609.7754

PV = $1,643,344.308

6 0
3 years ago
Why did many artisans, manufacturers, and shopkeepers in the middle colonies in the eighteenth century prefer servants' labor ov
dolphi86 [110]

Answer:

they can receive more work for less pay from the servants as opposed to the wage workers

Explanation:

Based on the information provided within the question it can be said that they preferred servants' labor more because they can receive more work for less pay from the servants as opposed to the wage workers. At that time roughly four months of workers' wages would pay for about five or six years of servant labor, thus leading to a massive increase in savings for the employer.

7 0
4 years ago
Suppose labor productivity differences are the only determinants of comparative advantage, and Brazil and Chile both produce onl
o-na [289]

Answer:

The correct answer is letter "A": Brazil only.

Explanation:

Comparative advantage is the ability of an organization or individual to produce at lower opportunity costs. This is achieved by introducing efficient productivity strategies or achieving economies of scale.

For the case given, the comparative advantage of Brazil and Chile is based on labor productivity only. Then:

  • <em>The comparative advantage of Chile on sugar</em> = \frac{2 units of sugar}{5 units of coffee} = 0.4
  • <em>The comparative advantage of Brazil on sugar </em>= \frac{1 unit of sugar}{2 units of coffee} = 0.5

Thus, <em>Brazil has a comparative advantage over Chile on sugar.</em>

4 0
3 years ago
Other questions:
  • Is the statement below true or​ false? ▼ True False . ​(Select from the​ drop-down menu.) The cash surplus can be used for a var
    12·1 answer
  • In order to eliminate piles, you must _________.
    14·1 answer
  • In the past, how have you handled receiving conflicting instructions from different people at the same time?
    14·1 answer
  • The lag problem associated with fiscal policy is due mostly to Group of answer choices the time it takes for changes in governme
    9·1 answer
  • On July 1, a bank loaned $10,000 to a company in the form of a note receivable. The note requires interest at an annual rate of
    7·1 answer
  • Suppose that Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Th
    6·1 answer
  • Your company is instituting a new security awareness program. You are responsible for educating end users on a variety of threat
    15·2 answers
  • Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay
    13·1 answer
  • . A nonfinancial performance measure is often used to evaluate the __________ of a business activity. time quality quantity All
    7·1 answer
  • The saving component of financial planning focuses on long-term security and includes:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!