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soldi70 [24.7K]
3 years ago
8

It is important to accommodate diverse cultural needs to set your

Business
1 answer:
hjlf3 years ago
7 0
Generally, I’d say this is true so I’d go with that but I’m not sure what the context is.
You might be interested in
One problem in the interstate trucking industry is the number of trucks that return after making a delivery with an empty truck.
Leno4ka [110]

Answer:

Yield management pricing.

Explanation:

One problem in the interstate trucking industry is the number of trucks that return after making a delivery with an empty truck. However, there is a website where independent interstate truckers can look for loads that they can carry with them on their return trip. Because the trucks would be returning empty (and inefficiently), truckers who use this website to get business that they would not have had without it and charge a reduced shipping rate. This reduced rate is an example of yield management pricing.

Yield management pricing can be defined as a pricing strategy which typically involves having a variety of charges (prices) for the services being provided by an organization at a specific period of time.

Simply stated, it basically involves providing a service at the right price, time and to the right service taker.

The yield management pricing strategy is mostly used by the airline, hotel, travel businesses. The main purpose of the yield management pricing is to maximize profits or generate more revenue.

3 0
3 years ago
A retail store: a. owes its customers duties as licensees. b. need not protect its customers against problems it has knowledge o
siniylev [52]

Answer:

d. Has no duty to protect customers from criminal conduct by third parties.

Explanation:

A retail store has no duty to protect customers from criminal conduct by third parties. A retail store is responsible for facilitating its customers by offering them value in their products and services, treating them fairly and giving them respect, providing them with excellent shopping experience and involving them in co-creation process. Retail store has no liability if customers has faced any kind of criminal conduct or activity by a third party, it doesn't come under the umbrella of their responsibility and jurisdiction. Customer has to take care when they are dealing with the third party because that particular retail store has nothing to do with it if something bad or any unforeseen circumstances occur.

3 0
3 years ago
Reamer Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. The company ha
Furkat [3]

Answer:

D. $3.40

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate is

= Estimated manufacturing overhead ÷ estimated machine hours

= ($2,000 + $400 + $1,000) ÷ (1,000 machine hours)

= $3,400 ÷ $1,000 machine hours

= $3.40 per hour

7 0
3 years ago
Match each example below to the correct cost type direct materials $25 per unit
balandron [24]

Answer:

We can divide costs into three categories:

  1. fixed.- do not change as total production outcome changes
  2. variable.- changes proportionally to total production output
  3. mixed.- part fixed, part variable

Explanation:

fixed: they stay the same regardless of total output

  • depreciation. $4,500 per month
  • property taxes, $12,000 per year

variable: the more units are produced, the higher they are

  • direct materials, $25 per unit
  • shipping costs, $15 per unit

mixed: a part is fixed per month, while another part increases as total output increases.

  • water and sewer, $50 per month plus $0.10 per gallon
  • sales rep's pay, $1,000 per month plus 10% sales commission

5 0
4 years ago
Read 2 more answers
A hedge fund with net asset value of $71 per share currently has a high water mark of $78. Suppose it is January 1, the standard
Leto [7]

Answer:

Answer :The annual incentive fees according to Black Scholes Formular =2.5

Explanation:

a)Find the value of call option using below parameter

current price (st)=$71

Strike price(X)=$78

Rf=4%

std=42%

time=1

value of call option=15.555

Annual incentive=16% x 15.555=2.5

The annual incentive fees according to Black Scholes Formular =2.5

(b) The value of annual incentive fee if the fund had no high water mark and it earned its incentive fee on its return in excess of the risk-free rate? (Treat the risk-free rate as a continuously compounded value to maintain consistency with the Black-Scholes formula.)

current price (st)=71

Strike price(X)=78

Rf=(e^4%)-1 = 4.08%

std=42%

time=1

value of call option=17.319

Annual incentive=16% x 17.319=2.77

7 0
4 years ago
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