Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences)

You are the sales manager for a software company and have been informed that the price elasticity of demand for your most popula

sesenic [268]

Answer:

a. increase the price of the software

Explanation:

If I were the sales manager for a software company and have been informed that the price elasticity of demand for your most popular software is less than 1. In order to increase total revenues from that product, I will increase the price of the software.

The reason for such decision is based on the fact that when the price elasticity of demand of a product is lower than 1, an increase in the price of that product results in an increase in revenue for the seller.

7 0

3 years ago

A common misconception surrounding both environmental and social sustainability is that their practice increases supply chain co

alexandr1967 [171]

Answer:

True.

Explanation:

In today's world it is a mistake to relate environmental and social sustainability to rising costs and altruism. It is a fact that consumers are more informed and have transformed their consumer relationship with companies, currently society demands organizational transparency and seeks to relate to entities that help in social and environmental development.

But more than altruism and improvement of the organizational image, companies that adopt an environmental and social management system achieve several strategic and economic benefits, which helps to reduce costs and waste, besides the possibility of market gain and increased customer satisfaction. stakelhoders, as the most important of the environmental and social management system, continuous process improvement, which in the long term becomes value for the organization.

7 0

3 years ago

Investigating communication in the workplace by finding optimal ways to set up a communication network system for employees who

andrew11 [14]

Answer:

Cybernetic approach

Explanation:

Cybernetic approach is the method or the approach for exploring the system of the regulatory, its possibilities, structures and constraints. It involve the study of derived concepts, feedback and black boxes like the communication and the control in business and living organisms, involving the self - organization.

Therefore, when the communication is investigated at the workplace through finding the optimal methods which is set up for the communication network system for the employees who telecommute, states the cybernetic method to communication.

4 0

3 years ago

Steady-state means:

Setler [38]

Answer:

the price of bonds will tend to

fall!

Explanation:

the price of bonds will tend to

fall!investment the price of bonds will tend to

fall!the price of bonds will tend to

fall!investment = depreciationinvestment = depreciationinvestment = depreciationthe price of bonds will tend to

fall!investment = depreciationinvestment = depreciationinvestment = depreciationinvestment = depreciationinvestment = depreciation depreciation

7 0

2 years ago

A quality control activity analysis indicated the following four activity costs of a hotel:

svet-max [94.6K]

The Cost of Quality Report is as follows:

Quality Cost Quality Percentage of Percentage of

Classification Cost Quality Cost Total Sales

Prevention $98,600 20% ($98,600/$493,000) 3.4%

Appraisal 49,300 10% ($49,300/$493,000) 1.7%

Internal Failure 246,500 50% ($246,500/$493,000) 8.5%

External Failure 98,600 20% ($98,600/$493,000) 3.4%

Total Quality Costs $493,000 100% 17.0%

Data and Calculations:

Inspecting cleanliness of rooms $49,300 (Appraisal)

Processing lost customer reservations 98,600 (External failure)

Rework incorrectly prepared room service meal 246,500 (Internal failure)

Employee training 98,600 (Prevention)

Total $493,000

Sales $2,900,000

Percentage of Quality Cost = Quality Cost/Total Quality Cost * 100

Percentage of Total Sales = Quality Cost/Total Sales * 100

Thus, the cost of quality report is an appraisal of how the hotel uses its resources to prevent poor quality, including its internal and external failures.

Learn more about cost of quality report here: brainly.com/question/23775957

4 0

3 years ago