How do service facility location decisions differ from industrial location decisions in terms of the techniques used to analyze them?
What will be an ideal response?
Service location decisions tend to focus on the revenue function, whereas manufacturing/industrial location decisions tend to focus on costs. The service sector uses techniques such as regression analysis, traffic counts, demographic analysis, purchasing power analysis, and GIS. Services do share two methods with manufacturing firms: the factor-weighting approach and the center-of-gravity method.
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Describe the main sections or elements that are included on most résumés
What will be an ideal response?
Which of the following statements is a characteristic of negotiation?
a. Effective negotiators use price as a negotiation tool. b. Giving in to price negotiations too quickly increases the value of the product. c. It is a formal meeting in which the salesperson has the opportunity to present the sales proposal. d. It plays an important role in the closing of the sale.
Zhang Corp. owns 40% of Magnor Company's common stock. Magnor pays $97,000 in total cash dividends to its shareholders. Zhang's entry to record the cash dividend received from Magnor would include a:
A. Credit to Cash for $97,000. B. Debit to Dividends for $38,800. C. Debit to Dividends for $97,000. D. Debit to Equity Method Investments for $97,000. E. Credit to Equity Method Investments for $38,800.
An organization's mission statement describes all of the following EXCEPT
A. its morals. B. what the organization does. C. its values. D. the company's basic purpose. E. its basic good or service.