Sensory-based stimuli within a retailer's environment-the sights, sounds, smells, and other attributes-that project an image and draw customers to the store are referred to as
A. aspects.
B. imprints.
C. assessments.
D. impressions.
E. atmospherics.
Answer: E
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Slaton Services' payroll register reported the following earnings and deductions: Current total earnings, $1,988.06 Federal income tax, $280.17 State income tax, $56.03 Social security tax, $123.26 Medicare tax, $28.83 The journal entry to record the payroll would include a
a. debit to Employees' Federal Income Tax Payable, $280.17. b. credit to Wages Expense, $1,499.77. c. debit to Wages Expense, $1,499.77. d. credit to Wages Payable, $1,499.77.
Select the incorrect statement regarding the cash budget.
A. The total cash available is calculated by adding cash receipts and the ending cash balance. B. The cash budget helps managers to anticipate cash shortages and excess cash balances. C. Cash inflows and outflows indicated on the cash budget are reported on a company's pro forma statement of cash flows. D. Cash payments may include outflows for inventory, selling and administrative expenses, and equipment purchases.
Tamika uses her ability to sense and perceive her staff’s emotions every day to help them feel comfortable in the workplace. She is very knowledgeable about day-to-day operations and also is quite successful at anticipating problems and sharing ideas for improvements up the chain of command. Applying Katz’s skills model, at what level of management is Tamika?
A. top management B. middle management C. supervisory management D. impoverished management
Explain how a just-in-time operating philosophy reduces the time it takes to complete the production of a product. Include in your answer the classifications of time that are affected. How does such a change help to reduce product costs?