Regina, owner and operator of a small restaurant, believes that her most important task as a manager is establishing goals for the restaurant and deciding what must be done to achieve them. This involves which aspect of what managers do?
A. Organizing
B. Motivating and communicating
C. Measuring
D. Developing people
E. Setting objectives
Answer: E
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The subjective nature of service quality means that ______.
a. the same service may be viewed differently by different customers b. different services are viewed in an identical fashion by different customers c. it is easier to assess service quality than product quality d. it is easier to satisfy service customers than product customers
Which is a global brand that does not originate in the United States?
a. Nissan b. McDonalds c. Wal-Mart d. AT&T
How many orders per year do they place if they order at double their EOQ quantity?
Kushie's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Kushie's is open 300 days a year. A) 40.6 B) 81.2 C) 162.5 D) 325
Suppose a hypothetical CBOT 13-year U.S., semiannual payment, 6% coupon Treasury note futures contract has a quoted price of 89-090. If the note has a $1,000 par value, what is the implied annual interest rate inherent in this futures contract? Do not round your intermediate calculations. ?
A. 7.35% B. 8.30% C. 7.28% D. 8.15% E. 5.97%