Which of the following statements is true regarding fixed and variable costs?
a. Both costs are constant when considered on a total basis.
b. Variable costs are constant in total, and fixed costs are constant per unit.
c. Both costs are constant when considered on a per unit basis.
d. Fixed costs are constant in total, and variable costs are constant per unit.
D
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Briefly explain the difference between a synopsis and an executive summary
What will be an ideal response?
Elizabeth is at an amusement park with her eight grandchildren ages 1 1/2 to 13. She rented a specific cabana by their favorite water park ride and the locker rooms for ease of access to the changing station. Unfortunately, an employee rented out that cabana to another guest who showed up that day. The only other cabana was away from the locker rooms, but offered more shade. Elizabeth was not happy. Later that day, as the children were eating lunch in the cabana a squirrel aggravated a bee’s nest right next to the cabana, and Elizabeth and all her grandchildren were stung multiple times. Which of the following would be an equitable recovery strategy for this service failure?
a. no charge for the cabana, and free lunch b. no charge for the cabana, free dinner, free snack c. no charge for anything else that day, free tickets for another day d. no charge and a refund for that day, no cabana charge that day, free ice cream for the kids on the way out, free VIP tickets with fast passes for another day at the park, free cabana rental, 5 free games per child and passes to see the characters, and more
The specific-diffuse dimension has to do with
A. photographic composition issues encountered in recording cultures. B. social patterns for child rearing. C. patterns for public and private life. D. eating rituals, especially with regard to soup.
All components of globalization have increased dramatically since the 1970s. Many companies in the U.S. now do business abroad, invest abroad, and have relocated facilities abroad. Given the extent of this corporate internationalization, why haven't unions followed suit to the same degree? In what ways have unions begun to collaborate?
What will be an ideal response?