Answer:
E. systematic sample
Explanation:
Base on the scenario been described in the question, Paul Solomon the owner of Solly's, an upscale restaurant in Tampa, Florida, wants to know how good his advertising dollars is work, he hires Getty research to do this, Getty research advised to do a TOMA study, for Getty to draw it samples, they have to use systematic sampling.
Systematic sampling is a statistical method sampling that involves the selection of elements or members from a well ordered sampling frame.
Answer:
economic services.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Free market economy.
III. Traditional economy.
IV. Command economy.
A service provided by a business to the final user is known as economic services.
Basically, economic services are considered to be intangible, inconsistent and perishable in nature. Thus, some examples of economic services are banking, hospitality, transportation, telecommunication, marketing, legal, rentals, insurance, security, public relations, etc.
Answer:
Linking rewards to performance helps to motivate managers
Explanation:
Rewards helps to boost performance as it serves as motivation to do more, there are different forms on incentives that could be used to motivate employees in order to improve their performance and also allows such organization to reach their target and make more profits
Answer: 80% = 0.8
Explanation:
The following can be gotten from the question:
Cu = Shortage cost
Co = Excess cost
Since the shortage cost is four times excess cost. This will be:
Cu = 4 × Co
Cu = 4Co
Therefore, Co = 1/4Cu = 0.25Cu
The optimum service level will then be calculated as:
= Cu / (Cu + Co)
= Cu / Cu + 0.25Cu
= Cu / 1.25Cu
= 1/1.25
= 80%
= 0.8
Answer:
Salima’s demand for Coca-Cola will be relatively more inelastic, while Antonia’s demand will be relatively more elastic.
Explanation:
Salima's demans will be relatively inleastic as she does not have alternatives to Coca Cola whereas Antonio can switch between alternatives, which makes her demand more elastic than that of Salima.