Answer:
Direct material cost = $112,000
Explanation:
<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>
Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost
Applied overhead = OAR × direct material cost
Applied overhead = 75% × direct material cost
Let direct material cost be represented by y
84,000= 75% × y
y = 84,000/75%= 112000
Direct material cost = $112,000
Answer:
Answer is option C, i.e. trusts discourages taking risks.
Explanation:
If the relationship between the supervisors and employees is based on trust and they are ready to rely on each other with almost everything related to their jobs, then there are greater chances that each of them would be equally ready to enter into any risk that may benefit them in long run. Therefore, a strong trustworthy relationship between the supervisors and the employees encourages them to take risks and not discourages them to do so. Therefore, the answer is option C.
Answer:
1. Why is it important for a restaurant to identify a specific target market?
- Restaurants operate on a monopolistically competitive market, that means that a lot suppliers offer differentiated products to a lot of consumers. Therefore, it is important to identify your target market in order to know who you are going to cater in your menus, and marketing activities.
2. How has the Internet made restaurant marketing cheaper and more convenient?
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Before restaurants used to print fliers and advertise on newspapers or other mass media outlets which is really expensive. Now with the internet, marketing activities (e.g. emails) are much cheaper and faster to carry out.
3. Why are specials and promotions such effective marketing tools in today's economy?
- Competition has increased a lot in the past in every single industry, including restaurants, since people worry more about how they spend there money and more information is available about the different prices of restaurant menus.
4. Explain the difference between primary market research and secondary market research.
- Primary market data is information a company obtains by itself through some type of research study, e.g. surveys, focus groups, etc. While secondary data is information obtained by other sources, e.g. census, world atlas, etc.
5. Explain why a public relations campaign is necessary.
- Public relations campaigns are necessary in order to keep a positive and high reputation, so that the restaurant gets positive press. Bad things go viral instantly now, and it is really hard to deal with them.
Answer: determine what rewards are valued by her employees
Explanation:
From the question, we are informed that Kathleen is the new operations manager of a national stock brokerage firm and that she recently attended a conference on the use of expectancy theory to motivate employees.
In order to incorporate what she has learned, the first thing Kathleen must do is to know the kind of rewards that her workers value. This will be vital to achieve organizational goals.
The French wine producers are adversely affected while the United States wine producers benefit from the United States tariffs. The French government would likely retaliate by imposing tariffs on the United States beverage firms, which would adversely affect their value. The French beverage firms would benefit.
