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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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Explanation:

If I was Frank I wouldn’t have disclosed the information from one company to the next, it is unethical and with an NDA information shouldn’t be passed on. Even though, it may have been an opportunity for the company he got hired and a threat to the company he disclosed the information from.

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3 years ago
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Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an addi
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Answer:

Cost of the VAN <em>$53.298‬</em>

Explanation:

We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.

The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.

list x reduction = invoice

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to this, we add up the sales tax and the extra cost for the device

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It will reduce the amount of dividiends it can pay.

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As there is an amount of the retained earnings that is restricted the company cannot use them to pay up neither stock or cash dividends in the future.

The retained earnings are used to pay dividends but also, are part of the equity of the firm thus the RE count to the capital structure of the company . Loans can be obtained with better rates if thecapital structure is more based on equiy than in liabilities thus, the board of directors is planning ahead the future plant exansion avoiding to use cash and deteriorate his capital structure to pay up dividends.

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If the two nations trade, the trade price of wheat in terms of steel will be "greater than the domestic opportunity cost of wheat in alpha and less than the domestic opportunity cost of wheat in beta".

Opportunity cost speaks to the advantages an individual, financial specialist or business misses out while picking one option over another. While financial reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on wise choices when they have different choices available to them.

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