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postnew [5]
2 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]2 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.  

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What system is based on the supply and demand of goods to make a profit?.
Whitepunk [10]

Answer:

B : market economy

Explanation:

4 0
2 years ago
Sam's Dog toys sells a Red toy and a Blue toy. The contribution margin for the Red toy is $5 and for the Blue toy is $10. The ex
DENIUS [597]

Answer:

500 units

Explanation:

The computation of the sales units in volume to achieve the desired profit is shown below:

= (Fixed cost + target profit) ÷ (contribution margin per unit)

= ($3,000 + $500) ÷ ($5 × 60% + $10 × 40%)

= $3,500 ÷ 7

= 500 units

Hence, the sales units in volume to achieve the desired profit is 500 units

The above formula should be applied to determine the sales units

hence, the same would be considered

8 0
3 years ago
Pippin Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing o
Ede4ka [16]

Answer:

920 (Unfavorable)

Explanation:

Labor rate variance = Actual direct labor hours (Actual direct labor rate - Standard direct labor rate)

Labor rate variance = 2,300 * ($21.7 - $21.3)

Labor rate variance = 2,300 * 0.4

Labor rate variance = 920 (Unfavorable)

6 0
3 years ago
A 10-year (zero-coupon) Treasury bill with face value of $100 per share is selling at $70.89 per share. There is a 10-year corpo
olga55 [171]

Answer:

3.5%

Explanation:

the yield to maturity of a zero coupon bond is calculated using the following formula:

YTM = (face value / current market value)¹/ⁿ - 1

YTM = ($100 / $70.89) ¹/¹⁰ - 1 = 3.5%

the way you can check if your calculations were correct is to find the future value of the bond using the YTM = $70.89 x (1 + 3.5)¹⁰ = $99.997 ≈ $100

7 0
3 years ago
Blue Spruce Company is considering two new projects, each requiring an equipment investment of $101,800. Each project will last
Lunna [17]

Answer:

50,400 44,400

0.79719

1.69005

5 0
2 years ago
Read 2 more answers
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