Opportunities: Make use of different products to suit the customers taste.
Threats: Competition, other salons may offer services that you don't and attract your customers attention.
Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.
<h3>What are
operating decisions?</h3>
Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.
In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.
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Answer:
The correct option is C, use their best judgement
Explanation:
Option A is wrong as there was no requirement stipulating that they need to check with the corporate office before accepting a return.
Option B is also wrong based on the point above.
Option C is correct as the employees are given the opportunity to use their best judgement in determining whether or not an item is still in good condition.
Option D is also wrong because there was no pointer to strict adherence to guidelines.
Lastly, option E is wrong because good condition is not the same new condition.
Money management keep you away from from debt, to Manage my money I keep a budget trying not to go over my budget buying only thing I need. I believe in saving for tomorrow in case of emergency cause tomorrow is mystery you most be prepared for it.
Answer:
B) the reallocation of resources between military and civilian goods.
Explanation:
PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.
Given same resources & technology, the two goods are inversely related - one good's quantity can be increased by decreasing the quantity of other good.
PPC is based on the assumption that resources are efficiently utilised & all points on PPC denote product combinations efficiently utilising resources.
So, movement along the PPC boundary means production level intact at full efficiency level & just reallocation of resources between good 1 to good 2, i.e here b/w military & civilian goods.
