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seropon [69]
3 years ago
12

When Randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he k

new that sales were low and after talking to his employees, he found morale was also low. At first Randy thought attitudes were poor due to low sales, but after working closely with employees, he realized that the poor attitudes were actually the cause of poor sales. Randy was able to discover the cause of the problem by utilizing ______ skills.
Business
1 answer:
NikAS [45]3 years ago
8 0

Answer:

Conceptual skills

Explanation:

Conceptual skills are inmate skills that enables one to have an understanding of complex problems or situations and also able to proper solutions to them in a creative manner. It is a skill that enables one to think creatively and proffer solutions to problems in a dynamic way.

When difficult situations arises, conceptual skills creates an initiative approach to those scenarios with a view to solving them hence needed by individuals and managers to effectively guide a business.

As in the above scenario, Randy was able to discover that poor attitude was actually the cause of poor sales among the employees due to the conceptual skill he possesed.

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If a firm's marginal costs _____ then its _____. Group of answer choices rise; output increases fall; best-response curve shifts
ziro4ka [17]

If a firm's marginal costs <u>fall</u>, then its <u>price falls.</u>

This is based on the principle that if the marginal cost of a product or firm rises, that implies that the firm is operating at a high fixed cost, thereby leading to an increase in the cost of production, which generally equates to products having a high price.

On the other hand, where there is low marginal cost, production costs reduce because the products are being produced at a lower fixed cost. Thereby leading to lower prices.

Hence, in this case, it is concluded that "If a firm's marginal costs <u>fall</u>, then its <u>price falls</u>."

Learn more here: brainly.com/question/10474336

7 0
2 years ago
Which of the following has the greatest impact on your cash flow?<br>​
Delicious77 [7]

Answer:

Explanation:when cash comes In bills hit you hard

3 0
3 years ago
Cromley Corporation reports annual sales of $1,800,000. Its accounts receivable throughout the year averaged $150,000. a. Comput
Mandarinka [93]

Answer:

a. accounts receivable turnover rate is 12 times

b. Average days sales outstanding is 30 days

Explanation:

Computation of accounts receivable turnover rate

The accounts receivable turnover rate is determined by dividing the credit sales with the average receivables.

Credit Sales                     = $ 1,800,000

Average Receivables      = $    150,000

Receivables Turnover rate = $ 1,800,000/ $ 150,000 = 12 times

Computation of Average Days outstanding

Average days outstanding is computed by dividing the annual credit sales by 365 and using that as a divisor with the average receivables

Annual Credit Sales                     = $ 1,800,000

No of days                                                 365

Average daily credit sales  = $ 1,800.000/365 = $ 4,931.50

No of days sales = Average receivables/ Average daily credit sales

= $ 150,000/ $ 4,931.5 = 30.4 days rounded to 30 days

6 0
3 years ago
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dexar [7]

Answer:

easy a

Explanation:

easy a

3 0
3 years ago
___ costs are easily identified because a recent market transaction is available to provide an accurate measure of costs implici
Pani-rosa [81]
I believe the correct answer from the choices listed above is the third option. Explicit costs are easily identified because a recent market transaction is available to provide an accurate measure of costs. It <span>is a direct payment made to others in the course of running a business, such as wage, rent and materials.</span>
7 0
3 years ago
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