Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
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:
D. The registered representative should decline the transaction
Explanation:
Based on the information provided within the question it can be said that the representative should decline the transaction. When dealing with money and financial accounts the representative that will handle these types of transactions needs to sit down with the owner and new recipient of the account as well as see identification from both and have them sign authorization paperwork. These are safety measures in place so that a stranger isn't able to just call and take ownership of an account.
Answer:
A. Managerial
Explanation:
Based on the information provided within the question I would place Jenny at the managerial level. This is basically due to the fact that all her tasks are tasks usually completed by managerial level employees within a company. Managerial employees are in charge of Planning, Organizing, Leading and Controlling those employees that are underneath them in the organizational pyramid. All done in order to reach organizational goals.
Answer:
The correct option is C,$500
Explanation:
The amount of interest accrual is the interest on the sum borrowed from October 1 2016 to 31 December 2016,that is 3 months of interest,which is computed below:
Accrued interest =principal*stated interest rate*number of accrued months/12
principal is $25,000
stated interest is 8%
number of accrued months is 3
accrued interest =$25,000*8%*3/12=$500
The accrued interest is to be debited interest expense because it is an increase in expense and credited to interest payable as a liability
