You should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.
<h3>What is the flow of a restaurant?</h3>
This is known to be called the patron's flow and it is one that tends to originate from the entrance to the table of the host, and also to the restrooms as well as the back out.
Note that Flow is seen as a form of volumetric flow rate and it is one that is simply known to be the volume of fluid that moves per unit of time.
Therefore, saying that you should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.
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The level which indicates the point of maximum economic efficiency IS THE LOWEST POINT ON AVERAGE COST CURVE.
The average cost curve is the curve that graphically represents the relationship between average cost by a company and the product produced. The point of maximum efficiency on the curve is the lowest point on the curve.
Answer:
D) Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.
Explanation:
The Federal Reserve (FED) can respond to excessive pessimism among consumers and businesses by expanding the money supply and lowering interest rates. To deal with excessive optimism they can do the opposite, they can shrink the money supply and increase the interest rate.
Answer:
Net decrease in prepaid expenses of $30,000 will be added to the net income in adjustments to net income because it will be considered that working capital (inventory or any other expense) has been generated by the operations.
Net decrease in Accounts payable of $20,000 will be deducted from net income in adjustments to net income because decrease in accounts payable means that cash has been paid to the outstanding payables.
Net effect of the above transactions is $30,000 - $20,000 = $10,000
So, net income will be increased by $10,000 as net effect of the above adjustments.
Answer:
D) normative control
Explanation:
In business, normative controls refers to the practice of managing human resources using actions that shape their behavior. This type of approach focuses on behavior standards or norms more than on actual written policies. Sometimes the norms can even be informal, but that doesn't mean that they are less important.
In this case, Curtis pays a lot of attention to how his employees treat their customers and trains them to do it a certain way that he considers to be effective.
