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VLD [36.1K]
3 years ago
14

When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha

t Rodney's Exercise Wear wasn't particularly profitable for the store. Although committed, his products were expensive, and he seemed inflexible. Whitney tried to work out a more amicable relationship with him by discussing her sales goals and new ideas for the coming year, but Rodney seemed uninterested. Which of the following elements crucial for maintaining strategic relationships is absent in the given example?
Business
1 answer:
muminat3 years ago
6 0

Answer:

<em>Open Communication</em>

Explanation:

In business, open communication is<em> really the capacity of anyone to obtain, access and share communication resources on one level in order to provide value-added facilities on yet another level in a layered communication system architecture under equal conditions with a transparent relationship between cost and pricing.</em>

It is important for business because it encourages your staff to become more involved and recognize that what they are doing counts to business success.

You might be interested in
The key elements of motivation are​ ________________. A. ​attitude, behavior, and direction B. ​sustainability, cooperation, and
Anuta_ua [19.1K]

Answer:

energy, direction, and persistence

Explanation:

Motivation is defined as the desire to act towards attainment of a goal. It is the driving force an individual has in setting and achieving objectives.

Motivation is also the process by which people are stimulated to perform actions that will lead to attainment of goals.

Key element of motivation are energy, direction and persistence.

There needs to be an energy to push for success, there is a direction or specific goal to be attained, and persistence to keep pushing for attainment of the goal.

6 0
4 years ago
A store manager predicts that 80 hats will be sold if each hat costs $15. The manager predicts that 3 less hats will be sold for
Ierofanga [76]

Answer:

$25

Explanation:

Data provided in the question:

Initial cost of each hat = $15

Initial number of hats sold = 80

3 less hats will be sold for every $1 increase in price

Thus,

For at least 50 hats to be sold, the store manager can increase the price such that maximum 30 less hats are sold

Therefore,

maximum increase in price = Maximum number of less hats ÷ Number of hats sold less for $1 increase

=  30 ÷ 3

= $10

The prices that the manager can predict that at least 50 hats will be sold will be

= $15 + $10

= $25

8 0
3 years ago
Shroden is a consumer goods manufacturer. It manufactures cookies, batteries, toothpaste, and soap. In the context of operations
Ray Of Light [21]

Answer:

inventory

Explanation:

Every item that is produced or purchased by the business in order to resell it and earn profit through it as a normal purpose of business, is considered as inventory.

In the given instance, Shroden manufactures consumer goods, like cookies, batteries, etc:

And since he targets to sell them and earn profit, all these manufactured products is the inventory of his business.

3 0
4 years ago
Eric wants to attend a public four-year university. He estimates that the average cost of one year at this university is $19,500
pishuonlain [190]
In this problem he need 19.500 but only earns 325 a month. From this we take what is needed (19500) and divide it by what is earned (325). This will give you 60. So therefore it will take him 60 months to earn enough for one year at university.
5 0
3 years ago
Read 2 more answers
Sales revenue$ 4,000Purchases of direct materials$ 400Direct labor$ 450Manufacturing overhead$ 620Operating expenses$ 650Beginni
djyliett [7]

Answer:

Direct material used= $420

Explanation:

Giving the following information:

Sales revenue= $4,000

Purchases of direct materials= $400

Direct labor= $450

Manufacturing overhead= $620

Operating expenses= $650

Beginning raw materials inventory= $200

Ending raw materials inventory= $180

Beginning work in process inventory= $320

Ending work in process inventory= $410

Beginning finished goods inventory= $250

Ending finished goods inventory= $200

Direct material used= ?

Direct material used= beginning inventory raw material + purchase - ending inventory raw material

Direct material used= 200 + 400 - 180= $420

5 0
3 years ago
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