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kozerog [31]
3 years ago
7

Jack manages an upscale French restaurant in the Washington, DC, area. His restaurant offers a few specials each evening in addi

tion to its regular menu. Jack has trained his servers to report comments and requests for items that have previously been offered only as specials. Jack uses this information to reduce the ________ gap in services marketing.
Business
1 answer:
Alex73 [517]3 years ago
8 0

Answer: Knowledge gap

             

Explanation: In simple words, knowledge gap refers to the difference between the expectations that a consumer have from the product regarding its quality and the value he or she actually receives from that product.

In the given case, Jack is trying to know the actual comments from the customers so that suitable changes could be made to fulfill their requirements more properly.

Hence, we can conclude that he is trying to reduce the knowledge gap.

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Marketing Inc. offers to create a campaign to increase N'Ice Creamery, Inc.'s online business. N'Ice agrees to pay for the servi
mihalych1998 [28]

Answer:

B) express contract

Explanation:

A contract exist when there is an OFFER and ACCEPTANCE. Marketing Inc made an offer, while N'Ice Creamery made an acceptance. This is an agreement with clear terms of service and payment, their discussion is binding because they have stated their conditions. Payment will be made once service is done.

5 0
3 years ago
Assume the market for cell phones is an oligopoly. Further assume that cell phone consumption and production generate no negativ
Svetllana [295]

Answer:

D. This agreement is not in the best interest of society, because there will be less competition and the price of cell phones will be significantly below marginal cost.

Explanation:

If the market for cell phones is an oligopoly market(Oligopoly market is  a market situation where few firms are dominating the market), and the consumption and production of cell phone generate no negative externalizes and the major companies desired to collude and charge a single price for their product then this agreement is not in the best interest of society, because there will be less competition and the price of cell phones will be significantly below marginal cost.

3 0
3 years ago
Anthony and Michelle Constantino just got married and received ​$29,000 in cash gifts for their wedding. How much will they have
bearhunter [10]

Answer:

Future value will be larger with smaller compounding period; $373.4 more would be earned with shorter compounding period.

Explanation:

Given:

Amount to be invested = 29,000÷2 = $14,500

Duration if amount invested = 25 years

Rate = 4% or 0.04 compounded annually

Value of investment at the end of 25 years = 14,500\times(1+0.04)^{25}

                                                                         = $38,654.63

Future value if compounded annually is $38,654.63

Future value if semi-compounded annually:

Duration = 25×2 = 50 periods

Rate = 0.04÷2 = 0.02

Value of investment at the end of = 14,500\times(1+0.02)^{50}

                                                                         = $39,028.03

Future value if semi-compounded annually is $39,028.03

As such, future value is larger if compounding period was 6 months.

They would have earned $373.40 more that is (39,028.03 - 38,654.63), with shorter period.

8 0
3 years ago
The cases filed at The Cross Company related to gender discrimination include one in which a 33-year-old sales representative wa
Romashka-Z-Leto [24]

Answer:

Title VII of the CRA

Explanation:

Title VII of the Civil Rights Act (CRA) is a landmark federal law that aims to protect employees against discrimination based on race, colour, sex, nation of origin, or religion.

The act was made law in 1964.

In the given scenario a female sales representative with excellent performance review was not promoted for 8 years, while Jim a male sales representative was promoted in just 18 months.

This is a gender based discrimination and is covered by Title VII of the CRA.

Age discrimination does not apply because it addresses discrimination of employees with minimum age of 40 years.

Equity act requires that employees on the same job role are compensated equally. This does not also apply.

Rehabilitation act prevents discrimination based on disability. This does not also apply

5 0
3 years ago
In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. T
Olin [163]

individuals that have special voting rights owns a special class of stock called classified stock.

The classified stock refers to class of common stock that comes with special privileges like dividend rights or enhanced voting rights.

Usually, these stock are issued/owned by individual that started or co-start the business.

The classified stock is used to ensure the company's founders maintain its control over the establish company even without owning the majority of the common stock.

Therefore, the individuals that have special voting rights owns a special class of stock called the classified stock.

Read more about classified stock:

<em>brainly.com/question/23881482</em>

6 0
3 years ago
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