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3 years ago

What is an accurate definition of a skill?

Business

2 answers:

bearhunter [10]3 years ago

5 0

Answer: An ability a person has created through learning and experience

Explanation: A skill is something that is developed through practice and learning. While it is true that there are people who can be born with skills, these are perfected by practice and learning. Skills are learned. A person who wants to be a chef must learn about cooking and put that knowledge into practice in order to have the ability to be a good cook.

Sloan [31]3 years ago

4 0

Answer:

Its C

Explanation:

Edge 2020

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firms should emphasize the importance of consistently good customer service to its employees so that good customer service becom

ipn [44]

Firms should emphasize the importance of consistently good customer service to its employees in order that good customer service becomes a part of the organizational culture.

Organizational culture is that the collection of values, expectations, and practices that guide and inform the actions of all team members. consider it because the collection of traits that make your company what it's. a good culture exemplifies positive traits that result in improved performance, while a dysfunctional company culture brings out qualities that may hinder even the foremost successful organizations. Organizational culture affects all aspects of your business, from punctuality and tone to contract terms and employee benefits. When workplace culture aligns together with your employees, they’re more likely to feel softer, supported, and valued. Companies that prioritize culture may also weather difficult times and changes within the business environment and are available out stronger.

Learn more about Organizational culture.

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6 0

1 year ago

The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment incl

Kisachek [45]

Answer:

Time Warner, Inc.

Turner Home Box Office Warner Bros. Total

Segment Revenues

(in millions) $21,700 $22,200 $80,600 $124,500

Variable costs 4,774 10,434 25,792 41,000

Contribution margin $16,926 $11,766 $54,808 $83,500

Contribution ratio 78% (100 - 22) 53% (100 -47) 68% (100 -32) 67%

b. Certainly, Turnover and Warner Bros. are more profitable businesses than Home Box Office in terms of total contribution margin (dollars) and contribution margin ratio.

Explanation:

a) Data and Calculations:

Segment Revenues

(in millions)

Turner (cable networks and digital media) $21,700

Home Box Office (pay television) 22,200

Warner Bros. (films, television, and videos) 80,600

Assume that the variable costs as a percent of sales for each segment are as follows:

Turner 22%

Home Box Office 47%

Warner Bros. 32%

b) The contribution margin ratio for the three segments can easily be determined by subtracting the variable costs percentages from 100 for each segment instead of doing more computations (Contribution margin/Sales Revenue * 100). But the results are the same for either method.

6 0

2 years ago

current challenges in operations management include all of the following except: part 2 a. rapid product development. b. lean o

Ghella [55]

Out of the choices provided above, it can be said that the current challenges in operations management include all of the following except increased communication cost. Therefore, the option C holds true.

<h3>What is the significance of communication costs?</h3>

Communication costs can be referred to or considered as the costs incurred by an organization to spread awareness and convey the message of achieving efficiency in the management, especially related to the operations of an organization.

Therefore, the option C holds true and states regarding the significance of communication costs.

Learn more about communication costs here:

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4 0

1 year ago

Wiley Company purchased new equipment for $60,000. Wiley paid cash for the equipment. Other costs associated with the equipment

user100 [1]

Answer:

The cost recorded for the equipment=$66,500

Explanation:

When dealing with the total cost of an equipment we take the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;

T=P+A

where;

T=total cost

P=purchase cost

A=additional costs(transportation cost+sales tax+installation cost)

In our case;

T=unknown

P=$60,000

A=(1,000+3,000+2,500)=$6,500

replacing;

T=60,000+6,500=66,500

The total cost=$66,500

The cost recorded for the equipment=$66,500

4 0

3 years ago

In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper crop for wheat at the same tim

WINSTONCH [101]

<span>The equilibrium price will go down and equilibrium quantity will be indeterminate.
Bumper crop refers to a situation when a certain type of crop exeprience sudden bump in productivity. If at that exact time more people become allergic to this crop, the crop would be overly stocked in the warehouse and the owner would most likely sell it at lower price.</span>

7 0

3 years ago