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Stolb23 [73]
3 years ago
13

Many commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as

they approach a toll booth. This saves time, improves traffic flow, and means drivers don't need to keep exact change in their cars. It also offers New York authorities the opportunity to manage traffic flow by charging different toll amounts for different times of day, such as charging a higher toll for morning and afternoon rush hour periods. This pricing strategy is
Business
1 answer:
marin [14]3 years ago
5 0

Answer:

off-peak pricing

Explanation:

Off-peak pricing is defined as the type of pricing where there is a lower charge for services when there is less flow of customers. It provides an incentive to keep customers that patronise a business when there is less demand.

When there is a rush or higher demand the price can now go higher.

In the given scenario where commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as they approach a toll booth. Also New York authorities the opportunity to manage traffic flow by charging different toll amounts for different times of day.

This is an off-peak pricing system

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Classification shifting by managers leads to under-reporting of total expenses and over-statement of bottom-line net income.
Step2247 [10]

Answer: False

Explanation:

Classification shifting is a method used whereby the core earnings are manipulated by misclassifying the items in the income statement.

One way that managers make use of classification shifting is by reporting the operating expenses for the business as nonoperating expenses. This is usually done in order to inflate the operating income.

The statement in the question is false as classification shifting by managers doesn't lead to under-reporting of total expenses and over-statement of bottom-line net income rather it lead to over reporting.

4 0
3 years ago
EFT Inc. wants to empower and engage its employees. It has several teams consisting of highly skilled employees, and no one pers
Olin [163]

Answer:

D) employees learn to influence others through their enthusiasm, logical analysis, and involvement of others in their vision.

Explanation:

The structure being implemented by EFT Inc. where highly skilled employees within teams are empowered to take up leadership roles, is called shared leadership.

Shared leadership is when any team member can take up leadership roles within his department. This model will only be successful if the employees learn to influence others through their enthusiasm, logical analysis, and involvement of others in their vision.

Drive to achieve organisational goals and objectives is also high because the employees feel valued and take part in decision-making process.

6 0
3 years ago
Another term for pre-inspection agreement
malfutka [58]
Essence between two parties
3 0
3 years ago
The goods a company has available to sell to customers are called
Fofino [41]
I think the most appropriate answer would A.

I hope it helped you!
7 0
3 years ago
Read 2 more answers
Yummy Bakery just paid an annual dividend of $3.40 a share and is expected to increase that amount by 2.2 percent per year. If y
Oxana [17]

Answer:

$28.18

Explanation:

Use dividend discount model to answer this question.

Current dividend ; D0 = 3.40

growth rate; g = 2.2% or 0.022 as a decimal

D1 = D0(1+g)

D1 = 3.40(1.022)

D1 = 3.4748

Since you are buying the stock next year, calculate dividend at year 2 which you would use in the formula to find next year's price (P1) ;

D2 = D1(1+g)

D2 = 3.4748 (1.022)

D2 = 3.5512

Next year's price; P1 = D2 / (r-g)

P1 = 3.5512 / (0.148 - 0.022)

P1 = 28.1841

Therefore, you will pay $28.18

8 0
3 years ago
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