Give Three ways in which new technology has effected service industries in recent years.

Terra is the owner of Arcadia Salon and Spa and is looking to add some new spa services. Terra interviewed her staff to get thei

Veseljchak [2.6K]

Answer:

<u>Understand the decisions</u>

Explanation:

Whenever people as a group discuss a matter, bringing out all argument in favor and against a decision and subsequently settle upon a course of alternative, such an activity promotes mutual understanding and resolves conflicts.

Involving the people in decision making process, who will ultimately implement a decision, builds trust and makes the implementation process much smoother as employees are able to gain a better understanding.

In the given case, Terra invited her staff for discussions, exchange of ideas and thoughts so as to collectively as a group, arrive at a decision. Members in such a scenario will be able to appreciate the decision better and such an activity helps people to gain a better understanding of the decision.

6 0

2 years ago

Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

d1i1m1o1n [39]

The journal entry to record the increase in the fund balance on October 1 has been recorded by debiting the petty cash and crediting the cash with $50.

Further explanation:

Petty cash fund: It refers to the fund established for paying the small amount of expenditures which are incurred on a daily basis. The petty cash fund is suitable for small payments where the check is not useful.

Journal entry: The journal entry is the mode of recording the transactions of the business in the general journal. The transactions are recorded as per debit and credit balances. The transactions are recorded according to date and time.

The journal entry to record the increase in the fund balance on October 1:

Date Accounts Title and Explanation Post Ref. Debit ($) Credit ($)

1-Oct Petty Cash 50

Cash 50

(to record the increase in fund balance on October 1)

The balance of petty cash is debited as it is an asset. The cash has been credited as it has been transferred to the petty cash fund. Thus, the journal entry has been passed by debiting petty cash and crediting cash with $50.

Learn more

1. Average cost and average revenue brainly.com/question/12987402

2. Direct materials efficiency variance brainly.com/question/12987884

3. Cost of materials

brainly.com/question/4783765

Answer details

Grade: Middle School

Subject: Fundamental Accounting

Chapter: Journal entries

Keywords: Havermill Co., $250 petty cash fund, miscellaneous expenses, $250 petty cash fund, the fund has a balance of, on September 30, the fund is replenished, $137 for merchandise inventory, the journal entry to record, accumulated receipts, office supplies, accountant determines that fund has a balance of $18, fund should be increased by $50, October 1, date represents.

8 0

3 years ago

Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 68,500 jet skis. Finished goods inventor

Nuetrik [128]

Answer:

Units sold= 63,465 units

Cost of goods sold= $114,237,000

Explanation:

Giving the following information:

Allyson manufactured 68,500 jet skis. Finished goods inventory had the following units:

January 1: 14,385

December 31: 19,420

First, we need to calculate the number of units sold:

Units sold= production of the period + beginning inventory - ending inventory

Units sold= 68,500 + 14,385 - 19,420= 63,465 units

Cost of goods sold= 63,465*1,800= $114,237,000

7 0

2 years ago

One employee is in charge of the following activities at a refreshment stand: Activity Activity Time per Customer Greet customer

REY [17]

Answer:

A. Flow rate = 20 customers per hour

B. Utilization =0.83

C. Cycle time= 3 minutes per customer

Explanation:

A. Calculation for the flow rate

First step is to calculate the Processing time

Processing time = 5 + 25 + (1.5 ×60) + 30

Processing time=30+90+30

Processing time= 150 seconds

Second step is to calculate the Process capacity

Process capacity = 1/150 ×60 per seconds/minute ×60 per minutes/hour

Process capacity= 24 customers per hour

Now let calculate the Flow rate

Using this formula

Flow rate= Min(Demand, Process capacity)

Let plug in the formula

Flow rate= Min(20, 24)

Flow rate = 20 customers per hour

Therefore the flow rate will be 20 customers per hour

B. Calculation for the utilization

Using this formula

Utilization = Flow rate/Process capacity

Let plug in the formula

Utilization = 20/24

Utilization =0.83

Therefore Utilization will be 0.83

C. Calculation for the Cycle time

Using this formula

Cycle time = 1/Flow rate ×60 per minutes/hour

Let plug in the formula

Cycle time= 1/20 ×60 per minutes/hour

Cycle time= 3 minutes per customer

Therefore the Cycle time will be 3 minutes per customer

3 0

3 years ago

Why is it important to gather facts from a variety of sources so you can make fair, objective decisions before delivering bad ne

snow_tiger [21]

The situation may be disturbing, but solutions should not usually be based on emotion. Your first interpretation of the situation may not be the only valid view.

Don't try to sugarcoat the truth. It's best to be open and honest about what happened and what you're going to do to make it right. Remember that your attitude and the clarity of your message are two very important factors in this conversation. Be open, clear, and honest.

Bad news can be effectively clarified and explained by communicating it directly. D. Verbal communication of bad news includes instructions for later reference by the recipient of the bad news.

It's important to be open, honest, and empathetic. Provide all the facts you have and give your employees the time they need to digest the news and ask questions. Guarantee that you will do your best.

Learn more about emotion here brainly.com/question/4692301

#SPJ4

3 0

1 year ago