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postnew [5]
3 years ago
9

Albert works as a server for a restaurant that gives him a certain amount of autonomy. For example, if customers complain about

their meal, Albert is allowed to provide them with a free dessert or otherwise compensate them as he deems appropriate. He does not need to check with management before he makes his decision. In this case, the restaurant Albert works for is promoting better service quality through:_______
Business
1 answer:
Blababa [14]3 years ago
4 0

Answer:

Empowerment

Explanation:

Employee empowerment refers to a mechanism by which companies provide their employees with a degree of independence and control in their discharge of routine duties.

Employee empowerment helps a firm with quicker decision making and at the same time, better employee satisfaction.  When an employee is provided with the authority to decide on his own, this serves as a means to motivation and leads to a better performance as it builds trust.

In the given case, Albert has been vested with the authority to serve customers at his own discretion and resolve their issues instantly without availing permission from higher authorities. This would help Albert to discharge his duties more efficiently and thus serve customers better.

Thus, in this case, the restaurant is promoting employee empowerment.  

You might be interested in
Using the information below, calculate gross profit for the period.
Yanka [14]

Answer:

The correct answer is B: $724,000

Explanation:

Giving the following information:

Sales revenues for the period $1,214,000

Operating expenses for the period $230,000

Finished Goods Inventory, January 1 35,100

Finished Goods Inventory, December 31 40,100

Cost of goods manufactured for the period $495,000

We need to calculate the gross profit.

Gross profit= Sales revenue - cost of goods sold

Cost of good sold= Beginning goods inventory + Cost of goods manufactured for the period - finished goods inventory

COGS= 35100+ 495000 - 40100= 490000

Gross profit= 1214000 - 490000= $724000

7 0
3 years ago
The following economic functions have been derived by the Finance Manager
diamong [38]

The supply curve in the question is Qa = 3P2– 12 while the demand curve is Qx = 24 – P2.

<h3>a. How to ascertain the supply curve</h3>

To know the supply curve we have to be able to make a distinction of the direction of the signs used in the functions.

Supply curves are known to be positive because they are an increasing function that is due to prices. For demand function they are negative because they are a decreasing function.

In 3P2 – 12. the coefficient is positive when we take the first derivative. This gives us 6p= +6

For the demand curve, when we do this we would have -2p. that is -2 hence this is the demand curve.

2. Equilibrium.

At equilibrium we have Qa = Qd

hence  3P² – 12p= 24 – P²

From here we are to take like terms

3P² – 12p= 24 – P²

3P² +  P² - 12p - 24 = 0

4p² - 12p - 24 = 0

The solution to the quadratic equation using the quadratic equation calculator is x=4.37228 and x=−1.37228

Read more on demand and supply curve here:

brainly.com/question/4804206

#SPJ1

6 0
2 years ago
Santos Corporation gathered the following information for the fiscal year ended December 31, 2020: Sales $1,500,000 Operating ex
kirill115 [55]

Answer:

Income from operations    380,000

Loss on sale of equipment  <u>40,000</u>

Pretax income                    340,000

Tax at 30%                          <u>102,000</u>

Net Income                         <u>238,000</u>

Explanation:

1          Santos Corporation

         Income statement

For the year ended December 31, 2020

Sales................................ $1,500,000

less: Cost of goods sold <u>$960,000</u>

Gross Profit                      <u>$540,000</u>

Less: Operating expenses<u> 160,000 </u>

Income from operations    <u>380,000</u>

2          Santos Corporation

             Income statement

For the year ended December 31, 2020

Income from operations    380,000

Loss on sale of equipment  <u>40,000</u>

Pretax income                    340,000

Tax at 30%                          <u>102,000</u>

Net Income                         <u>238,000</u>

5 0
4 years ago
Skysong, Inc. is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial informa
Katen [24]

Answer:

$34,100

Explanation:

The computation of the net income is shown below:

Net income = Total revenues - Total expenses

where,

Total revenues

= Service revenue + sales revenue

= $145,200 + $27,500

= $172,700

And, the total expenses is expenses incurred i.e $138,600

So, the net income is

= $172,700 - $138,600

= $34,100

As we know that the income statement records only revenues and expenses and the same is considered

6 0
4 years ago
Treasury Stock Transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On M
Thepotemich [5.8K]

Answer: Please see explanation column for answers.

Explanation:

a)Journal to record the  transactions of SprayCo Inc.

Date                 Account                                 Debit                 Credit

march 9   Treasury stock (62,000 x $51)  $3,162,000

           Cash                                                                            $3,162,000

June 9      Cash  (48,000 x $60)             $2,880.000

     Treasury stock (48,000 x $51)                                       $2,448,000    

Paid in Capital from sale of treasury stock                          $432,000  

 ($2,880.000- $2,448,000 )  

Nov 13      Cash  (7,500 x $54)                  $405.000

     Treasury stock (7,500 x $51)                                          $382,500    

Paid in Capital from sale of treasury stock                          $ 22,500

 ($405,000- $382,500 )

b)balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year =$432,000  form June 9 +   $ 22,500 from November 13 =$454,500

6 0
4 years ago
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