The appearance of physical facilities, equipment, personnel, and communication materials are the tangibles that convey service quality to consumers

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

The measure of damages awarded to the innocent party for fraud is the difference between the value of the property as represented and the actual value of the property

Indicate whether the statement is true or false

Business

The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the year is presented below: University Store, Inc.Income StatementFor the Quarter Ended March 31Sales  $800,000Cost of goods sold   560,000Gross margin   240,000Selling and administrative expenses    Selling$100,000  Administrative 110,000 210,000Net operating income  $30,000 On average, a book sells for $40.00. Variable selling expenses are $3.00 per book; the remaining selling expenses are fixed. The variable administrative expenses are 5% of sales; the remainder of the administrative expenses are fixed. The cost formula for selling and administrative expenses with "X" equal to the number of books sold is:

A. Y = $110,000 + $33X B. Y = $110,000 + $5X C. Y = $105,000 + $5X D. Y = $105,000 + $3X

Business

The United States is the world's most productive nation in terms of the total value of all goods and services it produces, even when it comes to manufacturing.

Answer the following statement true (T) or false (F)

Business

In the basic EOQ model, if D = 80 per month, Co = $13, and Cc = $11 per unit per month, what is the EOQ?

What will be an ideal response?

Business