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
iris [78.8K]
3 years ago
12

The first time Jena visited Blue Corals Inn, a restaurant in her neighborhood, she was delighted with the food and service quali

ty. However, the next time she dined at the same place, the restaurant's food and service seemed to have lost its quality. This scenario best illustrates the _____ characteristic of services.
Business
2 answers:
Shkiper50 [21]3 years ago
5 0

Answer:

Heterogeneity

Explanation:

Heterogeneity characteristics of service implies the variation in the quality of service offered from customers to customers or from day to day. Unlike goods that have homogenous in nature, services are heterogeneous in nature.

Heterogeneity of service means a customer cannot receive the same quality of service at different periods of time. Services received by the same customer at different point in time provided by the same service provider can not be identical.

It can be seen that Jena visited Blue Corals Inn twice and she was satisfied with their food and quality of service the first time. When she visited the second time, it seems the quality of their service has reduced.

This depicts that no two services offered at different periods to the same person gives the same level of satisfaction.

prisoha [69]3 years ago
4 0

Answer:

Inconsistent

Explanation:

Any business in order to be successful needs to have certain characteristics which helps in building the trust of the customers and eventually leading to a flourishing business.

In the case you have mentioned above in the question, it is evident that the quality of the food was not the same as it was before and this shows the lack of consistency from the restaurant management toward maintaining their food and service quality.

Thank You and Good luck.

You might be interested in
The following market information was gathered for the corporation. The firm has 1,000 bonds outstanding, each selling for $1,100
Nana76 [90]

Answer:

9.127%

Explanation:

For calculating the WACC we need to do following calculations which are shown below:

value of debt = 1,000 ×  $1,100 = $1,100,000

cost of debt = 8% ×  (1 - 0.3) = 4.8%

value of equity = 50,000 shares × $18 = $900,000

value of preferred stock = 5,000 × $40 = $200,000

Now

Market value of firm = $1,100,000 + $900,000 + $200,000 = $2,200,000

The formula is shown below:

= Weightage of debt × cost of debt + (Weightage of common stock) × (cost of common stock) + (Weightage of preferred stock) × (cost of preferred stock)

WACC = ($1,100,000 ÷ $2,200,000) × 4.8% + ($900,000 ÷ $2,200,000) × 14% + ($200,000 ÷ $2,200,000) × 11%

= 9.127%

3 0
3 years ago
Which of the following statements is true of absorption​ costing? A. It considers variable selling and administrative costs as p
Sonja [21]

Answer:

C. It considers fixed manufacturing overhead cost as product costs.

Explanation:

The statement that is true of absorption​ costing is that it considers fixed manufacturing overhead cost as product costs.

Absorption costing uses the concept of cost drivers to ascertain the quantum of fixed manufacturing overhead cost a product generates, and ties that fraction to the product as its own cost.

By so doing, what would ordinarily have been periodic costs that will be apportioned among products become fixed costs that are directly traceable to those products.

6 0
3 years ago
Take It All Away has a cost of equity of 10.54 percent, a pretax cost of debt of 5.27 percent, and a tax rate of 35 percent. The
bogdanovich [222]

Answer:

9%

Explanation:

WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.

According to WACC formula

WACC = ( Cost of common stock x Weightage of common stock ) + ( Cost of preferred stock x Weightage of preferred stock ) + ( Cost of debt ( 1- t) x Weightage of debt )

As WACC is calculated using Market values.

Company Value = 100%

Value of Debt = 28%

Value of Debt = 100% - 28% = 72%

WACC = ( 10.54% x 72% ) + ( 5.27% x 28% )

WACC = 7.59% + 1.48%  = 9.07% = 9% (rounded off)

6 0
3 years ago
Assume real per capita GDP in West Swimsuit is $10,000 while in East Quippanova it is $2,500. The annual growth rate in West Swi
Alex787 [66]

Answer:

correct option is B. about 30 years

Explanation:

given data

real per capita GDP west = $10,000

annual growth rate = 2.33%

real per capita GDP east = $2,500

annual growth rate = 7%

to find out

How many years will it take for East  to catch up GDP of West

solution

we know here that future value is equal to real GDP of west after time  will be

future value = real per capita GDP west × rate^{t}

future value = 10000 × (1+0.0233)^{t} .....1

and

future value = real per capita GDP east × rate^{t}

future value = 2500 × (1+0.07)^{t} .....2

compare equation 1 and 2

10000 × (1+0.0233)^{t}  = 2500 × (1+0.07)^{t}

4 (1.0233)^{t}  =  (1.07)^{t}

t = about 30 years

so correct option is B. about 30 years

5 0
3 years ago
Brandon owes his brother $120. He has a stamp collection worth $1,250 and he has $300 in a bank account. He also has a skateboar
monitta

Answer:

Complete the problem. What are you trying to solve for?

Explanation:

4 0
1 year ago
Other questions:
  • A well-known pop star, Britney Spears, was admitted to Los Angeles’ Cedars-Sinai Medical Center for psychiatric evaluation as pa
    9·1 answer
  • Which statement is true regarding the physical arrangements of an international negotiation setting? Multiple Choice In high-con
    10·1 answer
  • If Joey purchased a $100,000 house with a 20 percent down payment and borrowed the rest on a 30-year mortgage at 5% interest, wh
    5·1 answer
  • It would bother you very much if you knew another employee was losing The company money because of rudeness to customers or vend
    15·2 answers
  • Bags Galore, a leading online retailer, uses the services of Data Safe Inc., a small startup that helps companies manage and kee
    9·1 answer
  • Samantha, a famous artist, has a contract with Alec to paint his portrait for $6,000. Samantha is very busy and wants to delegat
    8·1 answer
  • If the economy experiences an inflationary gap, a contractionary monetary policy will __________ investment and _______ interest
    13·1 answer
  • Homogeneous oligopoly exists where a small number of firms are ______.
    6·1 answer
  • During Year 3, Rex Co. introduced a new product carrying a 2-year assurance-type warranty against defects. The estimated warrant
    9·1 answer
  • ____ allow a company to monitor whether salespeople are engaging in tasks such as calling on new accounts, collecting past-due a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!