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Ivan
4 years ago
14

Efficiency and effectiveness (connect, perform) read the scenario and then complete the sentence with the correct term. manageme

nt in life your parents are hosting the huge annual family reunion this year, and they have determined that quite a bit of work needs to be done before all the relatives show up. they ask if you will repair the leaking faucets and replace the rec room carpet. they ask your sister to rid the lawn of weeds and reseed the bare patches, and they ask your brother to rent tents, a huge barbeque grill, and other equipment. they want the family to feel comfortable and have fun. to achieve greater efficiency , your dad decides to mount speakers around the backyard so people can listen to music streaming from his rhapsody account. this will be less expensive than hiring a live band. in your first day as a driver for road-o-rama freight, you realize that something just isn't right. trucks go out half full, and drivers often get the wrong addresses so freight doesn't arrive at its destination. when telling a friend about your new job, how would you describe this company's operations?
Business
1 answer:
makvit [3.9K]4 years ago
3 0

1. The number of resources that is used to produce a service or a product is called efficiency. Dad is achieving a good organization by saving money.  Different people have different tastes. Some may enjoy streaming music while others prefer a live band.

2. In this case, Road-O-Rama Freight is neither effective nor efficient

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Bob decides to sell his home as termites are ruining its foundation. Jill purchases the property and does not know about the ter
Murrr4er [49]

Answer: True

Explanation:

US State Laws protect home buyers by requiring that home sellers disclose any and everything in the property that may reduce the value of the property.

They require that any repairs that need to be made and any defects that it may have be disclosed before the property is sold. This is particularly true for Texas.

If a property is sold wilfully with knowledge of these defects then the party selling is liable for fraud as well as a civil suit that the seller may bring against them. Selling the house under the condition ' As Is ' does not void these obligations either.

So yes, as Bob was aware of this issue and remained silent, he must pay $50,000 to Jill or fix the termite damage, even though the home is no longer his.

3 0
3 years ago
The social ethic that prevailed in late nineteenth-century America stressed that
shtirl [24]

Answer:

c. economic success was available to anyone who worked hard.

Explanation:

In the late nineteenth-century (the year subsequent to the civil war 1865 to 1900)

The american society didn't not have a caste or royal society with nobles or lord like English, French or Germans did.

They were all under the impression that the american dream could be ahcieve with hard work besides, pretty much all the people living in the US during that time were inmigrants or sons of inmigrants thus, there wans't an stablished order all was here for the taken.

5 0
3 years ago
Calculating the price elasticity of demand: A step-by-stepguideSuppose that during the past year, the price of a laptop computer
NARA [144]

Answer:

original quantity = 468,000

Average quantity = 382,000

new quantity = 296,000

a. -45.03%

original price - $2,950

new price = $3,110

Average price = 3030

3. -172,000

$160

b. 5.28%

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price  

Average quantity = (468,000 + 296,000) / 2 = 382,000

Average price = ($2,950  + $3,110) / 2 = 3030

Change in quantity = 296,000 - 468,000 = -172,000

Change in price = $3110 - $2950 = $160

percentage change in quantity demanded = (-172,000 /  382,000) x 100 = -0.4503 = -45.03%

percentage change in price = 160 / 3030 x 100 = 5.28%

Elasticity of demand = -45.03% / 5.28% = -8.53 = 8.53

8 0
3 years ago
True or false: if you pay the minimum payment each month, you will quickly pay off your credit card.
Musya8 [376]
The answer is actually FALSE.
5 0
3 years ago
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $5.60 dividend every year, in perpetuity. If thi
faltersainse [42]

Answer:

Required rate of return is 6.97%

Explanation:

The required rate of return can be ascertained from the price formula below when the subject of the formula is changed to rate of return instead of stock price:

Stock price =dividend/required rate of return

stock price is $80.40

required rate of return is unknown

the dividend on the preferred stock is $5.60

required rate of return=dividend/stock price

required rate of return =$5.60/$80.40=6.97%

The required rate of return based on the stock price and dividend information provided is 6.97%

4 0
4 years ago
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