The piecework system is less likely to succeed when _____.

Fill in the blank(s) with the appropriate word(s).


Answer: quality is more important than quantity

Business

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In which of the following cases is a service provider trying to increase nonpeak demand?

A) A fine dining restaurant is promoting a breakfast service in addition to its popular lunch and dinner options. B) An upscale restaurant has a cocktail lounge where customers can wait until a table is ready. C) AXA Bank set up automated teller machines so that its customers could avoid standing in line. D) Chesterton College hired part-time teachers as enrollment increased significantly. E) Big department stores usually hire extra staff to handle the rush during the holiday season.

Business

Suppose that a restaurant near campus wants to use social media to get more students to visit the restaurant. The manager plans to offer a free dessert to anyone who "likes" the restaurant's Facebook page. Describe some data the restaurant should collect to measure the effectiveness of the campaign.

What will be an ideal response?

Business

The International Court of Justice normally has authority to settle legal disputes only when nations voluntarily submit to its jurisdiction

Indicate whether the statement is true or false

Business

Mortgage-backed securities are securities that represent claims on the cash flows generated by a pool of mortgages

Indicate whether the statement is true or false

Business