Olivia runs a spa for women. She employs only two helpers and one receptionist. This enables her to focus most of her resources on procuring products required to provide comfort and high-quality services to customers. The opportunity of _____ is highlighted in the given scenario.

A. providing personal customer service
B. using technology
C. exploiting market niches
D. having lower overhead costs


Answer: D

Business

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If an individual’s performance is inadequate, which of the following should NOT be considered as a possible cause

A. The individual had insufficient training B. The individual had a lack of resources C. The individual does not have altruistic impulses D. The individual is not motivated to perform at a high level

Business

The ________ the U.S. Constitution, especially the first ________, were primarily designed to establish and protect individual rights

A) Articles of; ten B) Amendments to; ten C) Articles of; twenty D) Amendments to; twenty

Business

Mealer, Inc has prepared its third quarter budget and provided the following data

Jul Aug Sep Cash collections $51,000 $39,500 $46,600 Cash payments: Purchases of direct materials 31,000 21,500 17,000 Operating expenses 12,000 9,000 11,300 Capital expenditures 13,500 24,600 0 The cash balance on June 30 is projected to be $4,500. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the final projected cash balance at the end of September. A) $21,584 B) $6,584 C) $8,367 D) $54,967

Business

Unlike Western perspectives, Eastern perspectives ________.

A. emphasize the greatest happiness principle as an individual's moral standard B. typically hold that people are an intrinsic and inseparable part of the universe C. are based on a logic similar to an economic calculation of utility or cost-benefit D. provide an account of what character traits contribute to pursuing and realizing the good in concrete ways

Business