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3 years ago

Which of the following would not be an operations maangement function in a fast food restaurant?

Business

1 answer:

iVinArrow [24]3 years ago

4 0

Answer:

b. advertising and promotion

Explanation:

All process required to produce the product are part of operation and this includes making, designing the layout of the facility, purchasing ingredients an maintaining equipment.

The marketing and promotions lies with the Sales and Distribution Function or Marketing Function of the fast food restaurant.

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Suppose you are an aide to a U.S. Senator who is concerned about the impact of a recently proposed excise tax on the welfare of

Molodets [167]

Answer:

(a) P = 80 and Q= 100

(b) P = 80.57 and Q= 97.15

Explanation:

Qd= 500 - 5P

Qs = 2P - 60

(a)

In equilibrium

$Qd = Qs \\500 - 5P = 2P - 60 \\7P = 560 \\P = 80 \\$

Putting this value of P back into the Qd or Qs equation

$Qd = 500 - 5p\\Q = 500 - 5 (80) \\Q = 500 - 400 \\Q = 100$

Thus, equilibrium price is 80 and equilibrium quantity is 100

(b)

When a tax is imposed the supply curve shifts up to the left by the amount of the tax. The new supply curve is given by

$Qs = 2(P-2) - 60 \\Qs = 2p - 4 - 60 \\Qs = 2P - 64$

The new equilibrium is

$Qd = Qs \\500 - 5P = 2P - 64 \\7P = 564\\P = 80.57 \\$

Substitute it into Qs or Qd we get

$Q = 500 - 5 (80.57 ) \\Q = 97.15$

(c)

$Tax revenue = Tax rate * Quantity \\ = 2 * 97.15\\ = 194.3$

8 0

3 years ago

When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser

LenaWriter [7]

I guess there should be an options to choose. Anyway, I think correct answer is: When managing your human resources, selection is the process of deciding who should be hired, under legal guidelines, to serve the best interests of the individual and the organization. Selection is the process of choosing someone who fits the best by the particular criteria.

8 0

3 years ago

If employees are told that budgets must be cut by 10 percent, they may automatically assume that 10 percent of employees will lo

Mandarinka [93]

Answer: This tendency to make assumptions is referred to as CLOSURE.

Explanation: CLOSURE is defined as the experience of an emotional conclusion usually to a difficult period. This is usually done bearing in mind that the experience is open to more than one meaning, interpretation or explanation. In this case, the information given to the employees is a polysemy/ambiguous making their assumptions referred to as closure.

7 0

3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances

denis23 [38]

Answer:

Explanation:

The adjusting entries are shown below:

1. Supplies Expense A/c Dr $3,000 ($2,000 + $4,500 - $3,500)

To Supplies A/c $3,000

(Being supplies purchased)

2. Insurance Expense A/c Dr $2,000

To Prepaid Insurance A/c $2,000

(Being prepaid insurance adjusted)

3. Salary expense A/c Dr $16,000

To salary payable A/c $16,000

(Being salary adjusted)

4. Unearned revenue A/c Dr $1,500

To Service revenue A/c $1,500

(Being unearned revenue adjusted)

7 0

3 years ago

Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at t

Maksim231197 [3]

Answer:

FV= $1,181.62

Explanation:

Giving the following information:

Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 500*(1+0.035)^25

FV= $1,181.62

6 0

3 years ago