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Aleks04 [339]
3 years ago
14

Hector has a favorite Mexican fast food restaurant he likes to go to for chicken burritos. He will drive ten miles to the locati

on nearest his work to get a chicken burrito for lunch. For three years Hector has begged the owner of the fast food restaurant to open one in the shopping center near his employment so he and his fellow-workers can enjoy the delightful aroma, titillating taste, and spicy goodness of their chicken burritos. What utility is Hector seeking?
Business
1 answer:
Otrada [13]3 years ago
3 0

Answer:

The answer is Place Utility.

Explanation:

The place utility refers to the utility that is created for a particular commodity in relation to its location. In other words, it basically means, making goods and services available to current customers and potential customers. The place utility might involve the shipping a finished product to a new location, thereby making it more accessible to consumers than the place where it was initially manufactured.

Therefore, the patronage and reach of a product or service can be increased by changing its physical location.

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Name and discuss some positive communication skills that workers must display in the work environment.
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They must have good communication manners and be polite
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Universal Travel, Inc. borrowed $500,000 on November 1, 2021, and signed a twelve-month note bearing interest at 6%. Principal a
marusya05 [52]

Answer:

The answer is D.

Explanation:

Interest expense is the amount of interest to be paid on borrowed money(bills, notes or bonds). Interest expense can be found on income statement. Income expense reduces the net income and profitability of the company. It is used to determine the solvency of a company.

In the question, Universal borrowed for 12 months from November 1, 2021 and the note matures on October 31, 2022.

For 2021, it will recognize 2 months(November 1, 2021 - December 31, 2021).

For 2022, it will recognize 10 months(January 1, 2022 - October 31, 2022).

Therefore, for 2022, Universal Travel, Inc. will recognize:

$500,000 x 6% x (10 months÷12 months)

= $25,000

5 0
3 years ago
in an effort to combat the high costs and losses associated with turnover, managers at an analytics firm are studying the recrui
kifflom [539]

In an effort to combat the high costs and losses associated with turnover, managers at an analytics firm are studying the recruitment and training policies at a similar firm that has very low turnover. this is an example of <u>benchmarking</u><u>.</u>

<h3>What is Benchmarking?</h3>

Benchmarking is the process of comparing the performance of a company's products, services, or processes to those of other businesses that are thought to be the best in the industry. The goal of benchmarking is to identify internal areas for improvement.

It is the practice of comparing a company's business processes and performance metrics to industry bests and best practices. Quality, time, and cost are the most commonly measured dimensions. It is a technique used to evaluate and compare performance in order to achieve continuous improvement. It is part of a comprehensive quality management process that includes the key components to move business forward.

In conclusion, the correct option is Benchmarking.

Learn more about benchmark on:

brainly.com/question/5561623

#SPJ1

6 0
1 year ago
Credits are used to record:___________
muminat

Answer:

The correct answer is letter "B": decreases to assets and expenses and increases to liabilities, revenues, and stockholders' equity.

Explanation:

When it comes to accounting book-keeping, a credit is an entry that increases <em>liabilities </em>(amounts owed to third parties) and <em>equities </em>(assets minus liabilities) in their corresponding accounts or decreases <em>assets </em>(resources owned by the company) and <em>expenses </em>(costs of the business operations) accounts.

4 0
3 years ago
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