The number of customers in line and being served also relates to service efficiency and capacity
Indicate whether the statement is true or false
TRUE
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Recommendations in a marketing research report amount to:
A) suggestions on how to proceed, based upon the conclusions B) guidelines on how to proceed, based upon the conclusions C) suggestions on how to proceed, based upon the limitations D) guidelines on how to proceed, based upon the limitations E) viewing the future and should always be avoided
What are the weaknesses of capital market research?
What will be an ideal response?
Which of the following is a characteristic of an organization with a strong culture?
A. Management strives to delink shared values from behaviors as much as possible. B. Culture conveys consistent messages about what is important to the organization. C. The core set of organizational values is zealously guarded by the management. D. Emphasis is laid on the future of the organization, rather than acquainting employees with company history or past heroes.
Paulis Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During February, the kennel budgeted for 2,500 tenant-days, but its actual level of activity was 2,480 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February:Data used in budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $35.30 Wages and salaries$2,500 $5.90Food and supplies 400 13.80Facility expenses 8,900 3.40Administrative expenses 7,800 0.40Total expenses$19,600 $23.50?Actual results for February: Revenue$85,654Wages and salaries$16,992Food and supplies$33,084Facility expenses$16,682Administrative
expenses$8,732?The net operating income in the planning budget for February would be closest to: A. $9,664 B. $10,083 C. $9,900 D. $10,246