Answer: Hiring people who possess these qualities.
People constantly move in the restaurant business.
Explanation:
According to Scott, the chief operating officer of Barcelona Restaurant Group, the only way a business can ensure to have enthusiastic, nice, fun employees is by hiring people who possess these qualities. When an employee is nice, enthusiastic and fun to be with, this kind of employee will bring his characters along in whatever he do in the organization and it will be easier to relate with customers than someone who has the opposite of the characters mentioned.
According to Scott, the chief operating officer of the Barcelona Restaurant Group, his company is always hiring because people come and go in the restaurant business. Employees don't usually stay for a long time and.he also believes he has the legitimate power to fore any employee.
Answer:
Horizontal
Explanation:
Increasingly commonplace today is the appearance of two different franchise chains under the same roof, such as Pizza-Hut and Taco Bell. This is an example of a horizontal marketing system.
Answer and Explanation:
The journal entry is shown below:
Unearned revenue $4,770
To fees earned $4,770
(Being the adjusting entry is passed)
The calculation is shown below:
= Received amount ÷ total months × calculated months
= $19,080 ÷ 36 months × 9 months
= $4,770
Hence, the above entry should be recorded and the same is to be considered
Answer:
Explanation:
For representing the budgeted documents in the correct order, the following ordering should be required which is shown below:
1. Sales budget
2. Production budget
3. Direct materials budget
4. Direct labor budget
5. Selling and administrative expense budget
6. Cash budget,
7. The budgeted income statement,
8. Budgeted balance sheet
First, the company has to decide how much sale is to be done in a particular year after that company can decide the purchase amount, after that material, labor and other selling expenses are required.
Then, the cash budget should be prepared which shows the cash inflow and cash outflow position of a business. At last, the Budgeted income statement and the Budgeted balance sheet should be prepared.
Answer:
Inventory Cost = $14,500
Explanation:
Using the lower of cost or market method implies firstly valuing the inventory at the purchased cost (historical cost). But as the value of a good can change and if the price at which the inventory can be sold falls below its net realizable value the loss (and new value) must be recorded. It is a method for adjusting asset values in subsequent reporting periods.
