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3 years ago

Describe the gas station and its immediate surroundings.

1 answer:

vladimir1956 [14]3 years ago

3 0

The very first thing that should be considered when it comes to the location of the gasoline station is its accessibility to the consumers. As a general guideline, it should be located approximately 500 ft from any public institution including churches, malls, schools, etc.

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An employee, rightly or wrongly, perceives the boss doesn't like him. As a result, he expects to get a poor appraisal, regardles

levacccp [35]

According to the expectancy theory, the employee is likely to see the "effort-performance" relationship as weak and demotivating.

<h3>What is expectancy theory?</h3>

According to expectancy theory, people are more motivated to work hard if they believe their efforts will be noticed and rewarded.

The importance of expectancy theory are-

When applied correctly, expectation theory can aid managers in understanding why people choose between various behavioural options.
Managers should implement mechanisms that closely link rewards to performance to improve the relationship between effort and results.
It is based on an individual's self-interest, who desires to maximize enjoyment and reduce dissatisfaction.
This philosophy places a strong emphasis on perception and expectations, saying that reality is irrelevant. It places a focus on benefits or payoffs.

According to the Expectancy Value Theory (Vroom, 1964), two things affect why a person chooses to engage in a particular activity or action:

Expectancy is the likelihood that a desired (instrumental) outcome will be attained as a result of the behaviour or activity.
Value is the degree to which the individual appreciates the intended outcome.

To know more about the Expectancy Value Theory, here

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1 year ago

The demand curve for a monopolistically competitive firm is downward sloping because

BlackZzzverrR [31]

The demand curve for a monopolistically competitive firm is downward sloping because there is a full or advanced degree of the powerfulness in the market.

<h3>What is the shape of demand curve of the monopolistically competitive firm?</h3>

A downward sloping demand curve characterizes a monopolistically competitive corporation because there is a lot of power in the market.

This curve signaled that the business firm has extraordinary market power. As each firm offers a unique product, market dominance is derived from product differentiation.

Therefore, the demand curve of monopolistically competitive market is downward sloping.

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2 years ago

Project management is no longer considered a special-need management tool; thus, learning project management skills is personall

svlad2 [7]

Project management is no longer considered a special-need management tool; thus, learning project management skills is personally useful because The skills and tools can be easily transferable.

<h3>What type of skills are transferable?</h3>

Transferable skills are known to be called portable skills

These are known to be skills that a person often take with them from one job to another. An example is a person's ability to clearly talk about ideas to others, solve unexpected issues, etc.

Therefore, Project management is no longer considered a special-need management tool; thus, learning project management skills is personally useful because The skills and tools can be easily transferable.

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2 years ago

The Donaldson Furniture Company produces three types of rocking chairs: the children's model, the standard model, and the exe

lions [1.4K]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

We assume that

X = No. of children

Y = Standard type

Z = Executive type

So,

5x + 4y + 7z = 185.........(1)

3x + 2y + 5z = 115.........(2)

2x + 2y + 4z = 94

x + y + 2z = 47.........(3)

Equation (2) multiply by 2

6x + 4y + 10z = 230

From equation (1) to (2)

5x + 4y + 7z = 185

6x + 4y + 10z = 230

-x + 0 - 3z = -45

x + 3z = 45.......(4)

Equation (3) multiply by 4

4x + 4y + 8z = 188

From equation (1) to (3)

5x + 4y + 7z = 185

4x + 4y + 8z = 188

x + 0 - z = -3

- x + z = 3……(5)

From equation (5) to (4)

x + 3z = 45

-x + z = 3

4z = 48

Executive type = Z = 48 ÷ 4 = 12

Z = 12 in equation (5)

-x + 12 = 3

x = 9 (children type)

x=9, z=12 in equation 1

5x + 4y + 7z = 185

5 × 9 + 4 × y + 7 × 12=185

45 + 4 × y + 84 = 185

4y = 56 ÷ 4

Y= 14(Standard type)

8 0

3 years ago

Crane Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar

Novay_Z [31]

Answer:

The company should replace the equipment.

Explanation:

The cost analysis is calculated as follows;

Retain Replace Net Income

Equipment Equipment Increase (Decrease)

Operating expenses $146,400 0 $146,400

($24,400*6)

Repair costs $39,000 0 $39,000

Rental revenue 0 -$60000 $60,000

($10,000*6)

New machine cost 0 $166,500 -$166,500

Sale of old machine 0 -$24,500 $24,500

Total cost $185,400 $82,000 $103,400

From the calculation above, the equipment should be replaced as it incur a lesser cost compare to when it is retained.

8 0

3 years ago