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VikaD [51]
3 years ago
8

If a business hires employees to perform different, highly specialized jobs,

Business
1 answer:
Pavlova-9 [17]3 years ago
5 0

Answer:

Division of Labor

APEX Economics

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The first step in the decision-making process is to
jok3333 [9.3K]

Answer:

First step in decision- making process is to identify problem. The first step in making the right decision is recognizing the problem or opportunity and deciding to address it. Determine why this decision will make a difference to your customers or fellow employees.

Explanation:

8 0
3 years ago
1. Describe Village Volvo's service package.
Novay_Z [31]

Answer:

See the explanation for the answer.

Explanation:

1. Village Volvo’s service package involves following 5 service package:-

a) Implicit Service:-Mechanics of Volvo provides very friendly environment with positive attitude. They acts as helping hand to customers by providing them advice/consultancy.

b)  Explicit Service:-Volvo provide high quality of repair services with a reasonable price thereby ensuring that all Volvo vehicles are running smoothly with no problems.

c)   Facilitating goods:-They provide good waiting area for their customers with services such as TV, coffee, soft drink machine newspaper.

d)  Supporting facility: - They occupy new building and keep it neat and clean. This building include all facilities as per requirement.

e)  Information:-Mechanic understand vehicle’s problem first, analyze solution and notify customer with estimated cost and time required.

2. Distinctive characteristics of a service firm illustrated by Village Volvo are:-

a)  Trust

b)  Customer comfort and satisfaction

c)  Respect

3. Village Volvo can manages its back office like a factory by adoption framework of quality management i.e

a)  Giving more importance to safety of its employees.

b)  Stressing more on security of its employees

c)  Create friendly environment for employees to work in and provide employee satisfaction.

d)  Provide a sustainable growth.

4. Village Volvo can differentiate itself from Volvo dealers from following ways:-

a)  Sustainable customer touch points.

b)  Professional mechanics/agents

c)  Through service excellence, village Volvo can create a differentiation.

3 0
3 years ago
Burnett Corp. pays a constant $8.45 dividend on its stock. The company will maintain this dividend for the next 15 years and wil
just olya [345]

Answer:

56.47% is the current share price

Explanation:

To solve this question, we use the mathematical approach.

First, we calculate the current share price =

$8.45*Present value of annuity factor(11.2%,13)

But before we can get the value for the current share price, we need the value for the present value of annuity factor.

Present value of annuity factor = Annuity[1-(1+interest rate)^-time period]/rate =

8.45[1-(1.112)^-13]/0.112=

= $8.45*6.682519757 = 56.47%

6 0
3 years ago
World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wirea hig
Alona [7]

Answer:

whether they could trust each other to raise the price of a roll of titanium wire and decrease advertising to raise economic profit

Explanation:

A duopoly occurs when only two sellers in a market control the supply and price of a product.

World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wire.

They are both advertising aggressively, but if they agree to collaborate there will be reduced need for advertising.

Them they can both raise the price of titanium wire in order to make more economic profit.

7 0
3 years ago
George has to present the goals of information management to his team member. What is a goal of information management?
Anvisha [2.4K]

First, we should know the definition of the information management. Information management is the management of information from the particular sources and then the distribution of that information to a particular person or audience. So the goal of information management is to make organization to be able to collect, manage, store and deliver correct information to the correct audience.




5 0
3 years ago
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