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zhannawk [14.2K]
3 years ago
5

An entrepreneur started a small consulting business to provide training on multi-culturalcommunication to large corporations, ed

ucating managers on how to communicate with people whohave a different ethnic background than their own. In his conversations with customers, he learnsthere is a need for training on socio-economic issues as well. He develops a training class forteaching managers the differences in communication and perception across socioeconomicsituations that he can provide to multiple customers. This is an example of strategies to improve:customer responsiveness and innovation
Business
1 answer:
balandron [24]3 years ago
8 0

Answer:

b.

Explanation:

Based on the scenario being described within the question it can be said that this is an example of strategies to improve customer responsiveness and innovation. Which is what the training class is providing by teaching the managers these skills they will be able to better communicate with customers is a wide range of circumstances, thus increasing customer responsiveness.

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Carmel Corporation is considering the purchase of a machine costing $47,000 with a 7-year useful life and no salvage value. Carm
Nitella [24]

Answer:

$23,500

Explanation:

The average accounting rate of return is the rate of return on the investment in the project considering the average annual net income and the average amount of investment made in the project.

In other words, it is the average annual net income expressed as a percentage of the average investment as shown below

average accounting rate of return =average annual net income / average investment.  

average investment=(initial capital outlay+book value of the project at end of useful life)/2

initial capital outlay=$47,000

book value of the project at end of useful life=$0

average investment=($47,000+$0)/2

average investment=$23,500

3 0
2 years ago
Nations that have the strongest product liability laws tend to be well- developed economically However, the general case in deve
olasank [31]

Answer:

b. False

Explanation:

The product liability law is weak in developing countries due to its improper implementation while in many countries the law has not been implemented. the customers are not aware about the law and also government efforts does not meet the actual need of the law.  

8 0
3 years ago
The following information is given for an economy: Labor Force of an Economy Number of People (millions) Total population 35.4 C
gizmo_the_mogwai [7]

Answer:

a. 28.7 millions

b. 20.4 millions

c. 0.9231, or 92.31%

Explanation:

a. How much of the population is older than 16? million  

Number of population older than 16 = Total population - Children under the age of 16 = 35.4 – 6.7 = 28.7 millions

b. What is the size of the labor force? million

Labour force = Employed + Unemployed = 18.5 + 1.9 = 20.4 millions

c. What is the labor force participation rate?

Working age population = Total population – Children under the age of 16 – Retirees = 35.4 – 6.7 – 6.6 = 22.1 millions

Labor force participation rate = Labor force ÷ Working age population = 20.4 ÷ 22.1 = 0.9231, or 92.31%

7 0
3 years ago
These types of goals help make up the framework for long-term goals
Juli2301 [7.4K]
There are different types of goals like the short and long term goals. Short term only applies on specific schedule or a target time. Long term goals is more based on security like retirement plans, insurance, savings, health plans, home for the family an many more. These are some factors that can indicate stability and are the long term goals that had to be met.
6 0
2 years ago
Which energy source accounts for nearly 7% of global energy consumption, making it the leading fossil fuel alternative
liberstina [14]

The energy source account that accounts for around 7% of energy consumption is <u>hydropower</u>.

<h3>Which energy source accounts for 7% of consumption?</h3>

Hydropower is a renewable energy source that accounts for around 7% of global energy consumption in various nations around the globe.

This means that compared to fossil fuels, it is the best alternative to replace them as a renewable energy source.

Find out more on alternative energy consumption at brainly.com/question/368146.

4 0
2 years ago
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