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Margaret [11]
2 years ago
5

An economics professor, upset about the rising cost of textbooks, proposed that his department purchase 50 copies of a statistic

s book so the students in the statistics class would not have to purchase their own books but rather could borrow a book for the semester and then return it for the next class to use. Which of the following strategies would not prevent a common resource problem with the textbooks?a) Students will be required to pay a deposit for the textbook, which is refundable at the end of the semester when the book is returned in good condition.b) The textbooks are placed in a common area of the department so students can borrow and return them as needed.c) Students must sign a form agreeing to return the book or pay a fine equal to the replacement cost of the book.d) The textbooks are placed in the professor’s office and will only be given to students who are registered members of the class. These students will not receive their final course grades until the books are returned.
Business
1 answer:
natima [27]2 years ago
5 0

Answer:

B) The textbooks are placed in a common area of the department so students can borrow and return them as needed.

Explanation:

To avoid a new tragedy of the commons from occurring in the statistics class, each student that receives a book should be responsible for taking good care of it.

If the books are simply placed in a common area, anyone can come and take a book home and never return it or return it in a very bad shape.

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Franz Tress, a cosmetics manufacturing company, offers an annual subscription plan to its customers where the customers have the
aksik [14]

Answer:

The correct answer is letter "A": the loyalty loop.

Explanation:

The loyalty loop describes a process of retaining customers instead of attracting new consumers. Before the purchase takes place, the loyalty loop summarizes the purchasing process has three steps: <em>enjoy, consider, </em>and <em>evaluate</em>. After the purchase, the process involves three steps: <em>enjoy, advocate, </em>and <em>bond</em>. Both processes end up in a buy but the second process ensures the customer develops a <em>commitment </em>with the brand and is unlikely to look for competitors' products.

3 0
3 years ago
Approximately how much should be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for
makkiz [27]

Answer:

B. $323,900.00

Explanation:

Nper = 300 periods

Rate = 8%/12

FV = 0    

PMT = $2500  

Amount to be Accumulated = PV(Rate,Nper,PMT,FV)

                                               = PV(8%/12,300,2500,0)

                                               = $323911.31

Therefore, The amount to be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years is $323,900 .

7 0
3 years ago
A theory of strategic factor markets suggests that the resources a firm possesses might give it an advantage versus competitors
dybincka [34]

Explanation:

Organizations are integrated systems that use resources to achieve certain objectives and goals and become profitable and competitive.

Globalization was a phenomenon that contributed to an increase in the flow of information and changes in technologies and paradigms that contributed to a greater speed in consumer trends, and in the number of companies competing in the market.

Therefore, to achieve competitive advantage, it is not enough for the organization to use its resources in a conventional way, it is necessary to use strategies to add value to its processes. Considering the current business scenario, it can be said that the human resource in companies is the one that will give it a sustainable competitive advantage, since the knowledge acquired is one of the main resources used for the company to position itself in relation to competitors, each time more companies are promoters of social responsibility, so prioritizing knowledge and its stakeholders will always be the most advantageous option for creating value and competitive advantages.

4 0
2 years ago
Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
Ksenya-84 [330]

Answer:

$(4,000)

Explanation:

Calculation to determine At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash

Inventory purchased on account $5000

Less Returned of inventory purchased $1,000

Net Operating Cash Flow $(4,000)

($5,000-$1,000)

Therefore At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash is $(4,000)

6 0
2 years ago
What is one reason that a hotel owner might consider hiring a hotel management company?
Allushta [10]

Improved hotel management effectiveness is one reason that a hotel owner might consider hiring a hotel management company.

      What function does a hotel management business serve?

  • The management firm oversees the hotel operations and makes sure they are profitable.
  • They are in charge of every aspect of the business, from hiring and training employees to procuring supplies, cleaning rooms, renting out meeting space, and entertaining visitors.
  • The General Manager is accountable to both the hotel management business AND the original owner who engaged the hotel management firm.
  • The general manager's job is to manage the hotel in a way that generates income for the owner.
  • To be clear, the hotel owner could be a person, a business, or a trust fund or real estate. These will change based on the market and the kind of hotel.

To learn more about  hotel management visit:brainly.com/question/10979252

#SPJ4

6 0
8 months ago
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