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Airida [17]
4 years ago
5

Kelly's kitchen, a restaurant, strives to improve its customer service and makes sure that its customers enjoy the food and ambi

ence at the restaurant. the restaurant's manager gathers and assesses customer reviews from various sources and evaluates their opinions and sentiments. this scenario illustrates the process of _____.
Business
1 answer:
GenaCL600 [577]4 years ago
5 0
The scenario in which the <span>manager gathers and assesses customer reviews from various sources and evaluates their opinions and sentiments i</span>llustrates the process of social media monitoring. The manager gathers information from social media in order to improve the restaurant.
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(a) At a product price of $67.00 (b) At a product price of $42.00 (c) At a product price of $33.00 Will this firm produce in the
Nimfa-mama [501]

a) Yes, $67 exceeds the loss—minimizing output.

Using the MR

They will produce 9 units.

Profits per unit = $67 - $50 = $17

Total profit = $153.

(b) Yes, $42 exceeds the loss—minimizing output.

Using the MR

They will produce 6 units

Loss per unit is = $42 - $47.50 = $5.50

Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.

c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.

3 0
4 years ago
An agreement where one firm provides managerial assistance, technical expertise, or other specialized services for an agreed amo
ad-work [718]

Answer:

Strategic Partnership

Explanation:

This is a arrangement where two or more companies come together under contractual agreement to work as one in other to achieve a goal or deliver a project, for the benefit of both parties.

In most cases one of the parties has a project to execute but lacks the resources to adequately execute it and as a result needs support from one or two more partners. They more or less become a joint venture for an agreed upon length of time.

8 0
3 years ago
The variable overhead efficiency variance measures the difference between the ________, multiplied by the budgeted variable over
lara [203]

Answer:

actual quantity of the cost-allocation base used and the budgeted quantity of the cost-allocation base that should have been used to produce the actual output

Explanation:

The formula to calculate the  variable overhead efficiency variance is shown below:

= (Standard quantity - actual quantity) ÷  budgeted variable overhead cost per unit

In the case when the standard quantity is more than the actual one so it is favorable else unfavorable

Therefore the last option is correct

And, the other options are wrong

5 0
3 years ago
DriveTrain, Inc. instituted a new process in October 2020. During October, 12,400 units were started in Department A. Of the uni
alexandr1967 [171]

Answer:

Transferred To Department B costs= $ 57,620

Materials = $2.7 * 8,600= $ 23,220

Conversion Costs = $ 4* 8,600= $ 34,400

Explanation:

                         Units          % of Completion                EUP

                                         Materials     C.C              Materials  C.C

Transferred    8,600          100            100          8600           8600

<u>WIP Ending     3,800          100            50          3800           1900 </u>

<u>Total               12,400                                         12,400          10500</u>

<u />

Materials Costs per equivalent Unit=  $33,480/ 12400= $ 2.7

Conversion Costs per equivalent Unit= $42,000/ 10,500= $ 4

Transferred To Department B costs= $ 57,620

Materials = $2.7 * 8,600= $ 23,220

Conversion Costs = $ 4* 8,600= $ 34,400

8 0
4 years ago
Read 2 more answers
Explain why it is important for operations managers to understand the local culture and practices of the countries in which an A
jenyasd209 [6]

Answer:

It helps to encourage business flexibility and adaptability.

It helps to promote customer retention, relationship and customer loyalty.

Efficient Human resources management.

Effective and efficient performance.

CONSEQUENCES

Poor customer and Community relationship

Difficulty in managing organisational conflicts and general operations

Poor resources control and management.

Explanation: Language is a major factor to be considered for international or global businesses to thrive in new or local communities.

Operations managers are expected to understand the local language of the community where they do business because it helps to guarantee the following.

Business flexibility and adaptability

Customer retention,good customer relationship and customer loyalty.

Efficient Human resources management.

Effective and efficient performance in managing the operations.

Some of the consequence includes

Poor customer and Community relationship

Difficulty in managing the operations and conflicts resolution.

Poor resources control and management.

7 0
4 years ago
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