Answer:
$39,300
Explanation:
The computation of the net income is shown below:
= Sales - cost of good sold - other monthly expenses - depreciation expense
= $320,000 - $240,000 - $24,700 - $16,000
= $39,300
The cost of goods sold is computed below:
= December sales × cost of goods sold percentage
= $320,000 × 75%
= $240,000
All other information which is given is not relevant. Hence, ignored it
I'd recommend a "rain check", suggesting that as soon that specific product is replenished, you'll reserve one for them so this wouldn't happen again. I would also apologize for not having been prepared, and offer a small coupon or two as a form of compensation for the inconvenience. (That is, if you're able to offer coupons.) Another thing that would be important is to display professionalism in a stressful situation. That will show your higher ups that you are an asset to the business. Hope I helped! :)
Answer: Allow your judgment as an engineer to override your judgment as a manager, and do not permit the launching.
Explanation:
Questions:
Green Gardens sells gardening and landscaping goods and equipment. The marketing department places an unmanned machine in the store with touchscreen technology to provide product information. Consumers can use this machine to learn about the company’s products and services. The company’s marketing form is best referred to as ________ marketing.
A) kiosk
B) mobile
C) telephone
D) interactive
E) personalized
Answer:
The correct answer is A) Kiosk
Explanation:
A kiosk refers to a small, temporary, stand-alone booth used in high-traffic areas for marketing purposes.
They may be found in the walkways of shopping malls. They may or may not be manned by individuals who sell a product or service—anything from toys and hair-care products to insurance or credit cards.
Some, in fact, are electronic, providing consumers with a self-service-style experience.
Types of Kiosks
- Employment Kiosks
- Health Care Kiosks
- Photo Kiosks
In an effort to make more efficient the process of taking food orders, some restaurants install self-service kiosks. Customers can follow interactive prompts to select their meal and customize their order. The kiosks usually accept credit or debit cards, eliminating the need for a human cashier.
Another example of a widely used Kiosk is an ATM Machine.
Cheers!
Answer:
The minimum wage creates unemployment among young and unskilled workers.
If the price of a product in a market decreased, other things equal, quantity demanded will increase.
There is a tradeoff between inflation and unemployment in the short run.
If consumer income increases, other things equal, the demand for automobiles will increase
If interest rates increase, investment will decrease.
Explanation:
Positive statement is objective and statements are usually based on facts and economic theory. They can be tested.
It is a known fact that the higher the minimum wage, the lower the demand for labour and the higher the unemployment rate. this is because price varies inversely with demand
a tradeoff between inflation and unemployment in the short run is known as the Phillips curve
Normative statement is based value judgements, opinions and perspectives. For example, the statement - social welfare spending in Sweden occupies too large a portion of the national budget - is based on opinion. To some the expenditure might be even too small. There is no economic theory that can be used to determine if this expenditure is too large or small