Storefronts, malls, and portals are EC mechanisms that support the entertainment EC activity
Indicate whether the statement is true or false
FALSE
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Selecting the best course of action for a short-run problem or need falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
Which of the two ethical challenges usually work in tandem?
A. power, responsibility B. power, privilege C. consistency, responsibility D. privilege, loyalty
Effective short-term objectives have all of the following priorities, except
A. being specific and measurable. B. providing a specific time horizon for their attainment. C. being achievable yet challenging. D. an emphasis on "do your best" goals.
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 minutes. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. It is estimated that the cost of customer waiting time associated with dissatisfied customers and loss of goodwill is $15 per hour. The employee at the service booth is paid $10 an hour. Determine the total expected cost per day for the waiting line system. Assume total hours of operation as 10 hours per day.
a. $725 b. $625 c. $500 d. $100