Britta is trying to measure her salon's productivity during the first quarter. For this period, she should divide _______ by the costs of her staff, loans, materials, and utility bills.
A. the number of clients
B. the average daily receipts
C. her budgeted costs
D. the total salon services and products sold
E. her projected revenue
D. the total salon services and products sold
Productivity is defined by the formula of outputs divided by inputs for a specified period of time. Outputs are all the goods and services produced. Inputs are not only labor but also capital, materials, and energy.
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To increase the sales representatives' product knowledge, the sales director arranges for each of them to rotate through the product development department for a month to understand the way the chemicals are developed
What is another department they should rotate through to gain more product knowledge that will help them configure the right mix of products for customers? A) customer service, so that they can learn how the chemicals are implemented and used by the customer B) logistics, so that they can understand how the products are delivered C) billing, so that they understand the problems that arise when customers do not pay promptly D) warehousing, so they can understand exactly how much room the chemicals take up in storage E) human resources, so they can understand what characteristics a successful salesperson should have
A bailment for the sole benefit of the bailee is an example of ordinary bailment
Indicate whether the statement is true or false
Which of the following explains why Big Data models can sometimes lead to poor business results, conclusions, and recommendations?
a. Big Data is sometimes associated with inaccurate information. b. Mathematical models are often created through the process of abstraction. c. Mathematical models often allow relevant information to enter the model. d. All of the above ? Chapter 2
A bond has a $1,000 par value, makes annual interest payments of $100, has 5 years to maturity, cannot be called, and is not expected to default. The bond should sell at a premium if market interest rates are below 10% and at a discount if interest rates are greater than 10%.
Answer the following statement true (T) or false (F)