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Ann [662]
3 years ago
11

Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their com

petitive capability related to ________.A. cost.
B. flexibility.
C. quality.
D. time.
Business
1 answer:
Naya [18.7K]3 years ago
7 0

Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their competitive capability related to Flexibility.

<u>Explanation:</u>

The main components that decides the success of any business is the way they treat their customers. There are few important things to be kept in mind and practice while serving customers. the person dealing with the customers directly must have certain skills. These skills includes, Communication skills, listening skills, professionalism, problem solving and flexibility.

The ability of the person who is dealing with the customers to deal with different kind of situations refers to the flexibility of that person. The customers of any business has different need and their levels of satisfaction differs. It is very essential for a person dealing with the customers to be flexible with the customer's need and fulfill the level of satisfaction.Flexibility in customer service means ability to adjust to situations. Each customer has different needs and flexibility skills means being able to address effectively the dynamics of every customer encounter.

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Sue purchased a stock for $25 a share, held it for one year, received a $1.34 dividend, and sold the stock for $26.45. What nomi
o-na [289]

Answer:

11.16%

Explanation:

Calculation for What nominal rate of return did she earn

Nominal rate of return= ($26.45 + 1.34 − 25) / $25

Nominal rate of return= 0.1116*100

Nominal rate of return=11.16%

Therefore the nominal rate of return that she earn is 11.16%

5 0
3 years ago
Early in January, the following transactions were carried out by Maxwell Communications. Sold capital stock to owners for $35,00
Rina8888 [55]

Answer:

Part a

                                Assets                     Liabilities               Owners Equity

Balances              $308,250                   $108,250                   $200,000

Part b

Transaction #         Assets                     Liabilities                  Owners Equity

1                       + $35,000 (Cash)                nill                    + $35,000 (Capital)

2                      + $35,000 (Land)        +67,500 (Note Payable)          nill

                       + $55,000(Buildings)

                       - $22,500 (Cash)

3                      + $9,500 (Office Equi)  + $9,500 (Acco Payable)      nill

4                      +$20,000 (Cash)          +$20,000(Note Payable)       nill

5                     - $22,250 (Cash)           -$20,000(Acco Payable)       nill

Explanation:

<em>Hi, I have attached the full question below as images.</em>

Part a

Here simply calculated the totals of Assets, Liabilities and Owners Equity at December 31.

Part b

Remember for every transaction, there are two or more accounts affected. To find the effect of transactions, the first step is to identify the the Accounts affected and the amounts to effect these accounts. Determine if the Account is being increased or decreased. Lastly record the effect as required under the Element of Assets, Liabilities and Equity.

4 0
3 years ago
What is return on​ investment? A. The amount of income an investment center earns relative to the size of its assets B. Excess i
damaskus [11]

Answer:  Option A

                   

Explanation:  In simple words, return on investment refers to the mount of profit that an investor earns in relation to the cost he or he incurs by undertaking an investment.

It is used as a performance measure to evaluate the efficiency and effectiveness of a project by comparing it with other investments having some characteristics.

Hence from the above we can conclude that the correct option is A .  

3 0
3 years ago
Yakov lives in San Diego and runs a business that sells boats. In an average year, he receives $704,000 from selling boats. Of t
Stolb23 [73]

Answer:

Yakov's explicit costs are the monetary costs that he pays while running his business:

Payment to manufacturer: $404,000

Wages and utility bills: $286,000

Total explicit costs: $690,000

Yakov's implicit costs are his opportunity costs, in other words, the things he gives up in order to run his business:

Rent he would get for his showroom: $3,000

Wage he would get as an accountant: $20,000

Total implicit costs: $23,000

Yakov's accounting profit is equal to revenue minus total explicit costs:

Accounting profit = $704,000 - $690,000

                             = $14,000

Yakov's economic profit is equal to revenue minus total costs (the sum of implic costs and explicit costs)

Economic profit = $704,000 - $713,000

                          = ($9,000)

Despite the fact that Yakov is not earning an economic profit selling boats, as an accountant, he would give up on the $704,000 that he is been making from selling boats. For that reason, he should keep the boat selling business.

7 0
3 years ago
There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season ticket
In-s [12.5K]

Answer: quantity demanded of Packers tickets decreased.

Explanation:

First and foremost, we should note that normal goods are the goods that when the income of an individual rises, the individual will buy more and in a case whereby the income reduces, the person will buy less.

Therefore, during recession when people's incomes decreased, the quantity demanded of Packers tickets decreased as well

7 0
3 years ago
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