Describe how a coffee shop owner might measure their inventory performance. What measures might they use and how would they be used in a coffee shop context?

What will be an ideal response?


A successful answer will note the various inventory performance measures that can be used by a firm. In a coffee shop context, the use of such measures to track performance related to inventories of coffee, food goods, and other items should be described.

Business

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George is in the middle of a high stakes poker game when he notices what he thinks is cheating by another player. It appears to George that this player took a card from his lap and switched it with a card that he was dealt. If George is a utilitarian thinker, he should:

A. Consider what might happen if he accuses the player of cheating and he is wrong B. Forget about the whole matter C. Speak to the alleged cheater during a regularly scheduled break and tell him not to do it again D. Accuse the alleged cheater of cheating in front of all the other players

Business

Mumbai Travel Services provided the following information:

Direct labor rate: $40 per hour Predetermined allocation rate for indirect costs: $22 per direct labor hour If Mumbai Travel records revenue of $350 for a job requiring 5 hours of direct labor, then Mumbai Travel will make a profit of $40.

Business

Companies, as brand authors, generally manage their brands through a variety of product-related activities using traditional marketing and other tools. Describe how MPR helps firms manage three other types of brand authors

What will be an ideal response?

Business

Good manners and a businesslike, professional demeanor are among the top skills recruiters seek in applicants

Indicate whether the statement is true or false

Business