Which aspect is common to both cruises and hotels?

Tomtit [17]

Answer:

The appraisal interview should be held in two segments because the rater must perform the role of both evaluator and counsellor.

Explanation:

Following are the purpose of appraisal interview:

1) Rate and evaluate the past performance.

2) Feedback for development and recommend the training program.

3) Discuss the growth plan of employee.

Therefore, role of one who is taking appraisal is very vital for the growth and development of employee. So, he has to play two role, both evaluator and counsellor.

6 0

4 years ago

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

4 years ago

The emphasis on keeping customers for long periods of time is the central focus of ______ value and the reason firms focus on cu

Archy [21]

Answer:

Customer Lifetime Value

Explanation:

Customer Lifetime Value is a measure of how much amount of money a customer spends on your business/products/services over the course of his whole lifetime.

It is a predictor of how well you are doing to retain your existing customers.

Why is it important?

suppose you spend $10 to advertise your product (belt) and a customer buys 5 belts on average every year for 15 years. You get $12 profit for each belt sold.

$12*5*15= 900$ $

Subtract the advertising cost

$900-10=890$ $ This is your customer lifetime value

Now imagine what would have happen if we had to sell these belts to 75 different customers?

The advertising cost to attract 75 customers would have been too much and hence net profit and customer lifetime value would be very less.

$75*10=750$ $

$900-750=150$ $

This is why customer lifetime value is important and businesses focus on retaining their customers for longer periods.

3 0

3 years ago

The impact of Hurricane Katrina on consumers in the economy was to make them very pessimistic about their future incomes. How do

Firlakuza [10]

Answer:

The correct answer is option c.

Explanation:

Because of a hurricane, there is a sense of pessimism among the consumers regarding their future incomes. This sense of pessimism would cause consumers to reduce their spending and save money for the future.

This causes the consumption expenditure to decline. This reduction in the consumption expenditure will cause the aggregate demand to decrease as well. This will cause the aggregate demand curve to move to the left.

This leftward shift in the aggregate demand curve will further cause the equilibrium price and quantity to decline.

5 0

3 years ago

What type of degree do u need to have to be a hairstylist?

Ksju [112]

Hello there.

Question: <span>What type of degree do u need to have to be a hairstylist?

Answer: You would need a high school diploma or a GED for cosmetology school. You would then need an associate's degree in cosmetology.

Hope This Helps You!
Good Luck Studying ^-^</span>

6 0

4 years ago