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BaLLatris [955]
3 years ago
5

Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m

ore customers. They have collected data from Friday and Saturday nights, their busiest times of the week. During these time periods about 94 customers arrive per hour for service. Given number of tables and chairs, and the typical time it takes to serve a customer, they the owners estimate they can serve on average about 138 customers per hour.
During these nights, are they in the zone of service, the critical zone, or the zone of nonservice?

a. Critical zone
b. Zone of service
c. Zone of nonservice
Business
1 answer:
natka813 [3]3 years ago
4 0

Answer:

b. Zone of service

Explanation:

The restaurant is capable of serving 138 customers per hour, and the average demand was 94 customers per hour. That means that the average demand is located with in the zone of service. If hte demand was higher than the restaurant's capacity, then it would be considered critical zone.

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Explain the common causes of expatriate failure. What are the major success factors for success expatriates? Explain the role an
pentagon [3]

Fail:

1. Individual

2. Family

3. Cultural

4. Organisational

Success:

1. Professional and technical competence

2. Relational Abilities

3. Family Situation

4. Motivation

5. Language Skills

Explanation:

Role of expatriate failure and success expatriates:

Expatriate failure is generally defined as an affix which is either prematurely terminated or viewed by top management as unsuccessful. Most studies have concluded that the rate of failures is high, and depending on the country, they can range from 20 to 50 percent.

And in order to adapt the community to their new surroundings, it is necessary for those who associate with the assigned group and contribute to the progress of their task to resolve the difficulties outlined above.

Expatriate deficiency factors. An expatriate failure research conducted at Cornell University has shown some of the most mentioned reasons: the cultural shock: the adaptability of modern, different cultures is crucial to expatriate success. Professionals with these skills can often fight in a new environment. Innately.

Expatriates are staff of companies, which are involved in long or short-term enterprise ventures of one country in another. We help their companies to operate in other countries, to reach the international markets or to migrate their business associates knowledge and skills.

7 0
3 years ago
The CEO of Sam's Club, Rosalind Brewer, reports to Walmart's CEO, C. Douglas McMillon, who as corporate executive oversees Walma
sdas [7]

Answer:

The correct answer is strategic business unit.

Explanation:

Strategic business unit refers to the set of activities carried out by a company for which a common and different strategy can be established from the rest of the company's activities. This strategy is autonomous from the rest, but it is not entirely independent since all the strategies of the different strategic business units are linked within the company's global plans.

6 0
3 years ago
Read 2 more answers
Which one of the following best describes the term "efficient market"?A) The commissions on large transactions are smaller than
Aleonysh [2.5K]

Answer: Option B

Explanation: In simple words, the market in which the price of the securities reflect all the information that is relevant to the the investor is called an efficient market. No investor can beat such markets as no security is undervalued or overvalued.

This accuracy in pricing could only be maintained when all the participants are fully aware of new information which is possible only if the information is quickly spread in the market.

Hence the correct option is B.

3 0
3 years ago
The price elasticity of supply for a good is 3 if a _____ in price leads to a 3% decrease in the quantity supplied. 1% increase
Debora [2.8K]

The price elasticity of supply for a good is 3 if a 1% decrease in price leads to a 3% decrease in quantity supplied.

<h3><u>Explanation:</u></h3>

The measure of the response that a supply for goods and services shows after the modification of prices refers to the Price elasticity. When the price of any goods or services increases there will be a rise in the supply of goods and services. When the prices of any goods or services decreases then the supply of those goods and services will also decrease.

Price elasticity also measures the demand that a product or services has based on the modification of the price. When the product tends to be affected by the price changes it is said to be elastic. When it is not responding to the prices of the product the n these are said to be inelastic. In the given example the price elasticity of the supply of a good is said to be 3% and if a 1% decrease in price leads to a 3% decrease in quantity supplied.

5 0
3 years ago
Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$5
Brut [27]

Answer:

($500,000)

Explanation:

Economic profit = revenue - explicit costs  - implicit costs (opportunity cost)

The revenue is = $3.00 x 250,000 peaches

                         = $750,000

The explicit costs are = land cost + equipment rent + salaries

                                    = $1,000,000 + 50,000 + 140,000

                                    = $1,190,000

The implicit costs are = interest income + earnings as a shoe salesman

                                    = $20,000 + $40,000

                                    = $60,000

Economic profit = $750,000 - $1,190,000 - $60,000

                          = ($500,000)

Thus, the farmers' total economic profit is actually a total economic loss of $500,000

6 0
4 years ago
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