All of the following are elements of the inseparability characteristic of services except that
A. consumers are involved in production.
B. centralized mass production is difficult.
C. consumption and production are simultaneous.
D. many services cannot be performed without the customer being present.
E. services are easy to standardize and control.
Answer: E
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Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As per the partnership agreement, Gary gets a profit share of 2/9; Peter gets 4/9; and Chris gets 3/9. The partnership agrees to pay $20,000 as the final settlement to Gary. How much bonus does Peter receive as a result of this transaction? (Do not round intermediate calculations and round the final answer to the nearest dollar.)
A) $3429 B) $2571 C) $3333 D) $2667
Describe the difference between performance management and performance appraisals.
What will be an ideal response?
A recommended way of developing your leadership potential is to
A) allow your leader to make a mistake. B) help your leader lead. C) aim for leadership breakthroughs and minimize small acts of leadership. D) be self-confident enough to ignore feedback about your traits and behaviors.