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Nonamiya [84]
3 years ago
13

2. Cathy started her own line of custom-made and hand-embellished wedding shoes. She opened up her own shop, paying $2500 as a o

ne-time licensing fee. She used about $3000 in raw materials and made $3500. At the end of the first month, Carly, her sister, looked at her financials and told her that she was losing money and should shut down. Cathy is heartbroken. As an economics guru, what would you advise her to do?
Business
1 answer:
8_murik_8 [283]3 years ago
4 0

I would explain to Cathy that her sister Carly is not right. When starting a business, there must be investments that will be amortized over time, that is, profit is not immediate. In the case of the shoe store, I would explain that the first month was positive, since the difference between the cost of the material and the production sold was + $ 500. Thus, Cathy amortized $ 500 of the licensing fee. So if this sales pattern is maintained, by the fifth month the entire investment will have been amortized and from the sixth month on, Cathy will begin to make a profit from your business.

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Sphinxa [80]

Answer:

d. the complexity of the product.

Explanation:

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For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.

4 0
3 years ago
American employees of Ujima Corp. learned that they should avoid using their left hand when giving a gift or handing out money w
Iteru [2.4K]

Answer:

The employess of the company would have discovered this cultural difference during a documentary training session.

Explanation:

In Cross-cultural training, there is commonly a documentary session after the field experience. In this documentary session, instruction material related to the cultural background is given to learners and foster their field experience. Cultural differences are understood in a documentary session when the learners compare their previous knowledge and experience about the new culture as also comparing with their culture.

8 0
3 years ago
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Sholpan [36]

Answer:

a)Brett has a cause of action against Warson's Diner for retaliatory discharge under Title VII of the Civil Rights Act of 1964.

Explanation:

From the question, we are informed about Brett, the manager at Warson’s Diner, who plans to promote Keisha, one of the waitresses, to the position of an assistant manager. We are also told that the owner, being racially biased, prevents him from doing so and in the end , Brett gets fired

What holds true in this scenario described above is that Brett has a cause of action against Warson's Diner for retaliatory discharge under Title VII of the Civil Rights Act of 1964.

Title VII of the Civil Rights Act of 1964. Is a law, of Act of 1964 that oversee any form of discrimination against employee of an organization and shield them from been discriminated because of race they belong to, their sex , their National origin an so on . The law doesn't only forbid discrimination that is intentional, but all actions that speak discrimination wether intentional or not.

7 0
3 years ago
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