Consider the following functional flow network for a unit-load warehouse. Receiving Reserve Area Bottom Level Shipping Carton Flow Rack Consider the following parameters to determine the number of workers needed. • Each shift is 8 hours with a half hour lunch break and two 15 minute breaks • No personnel sharing between departments • (#1) 500 pallets received in the Receiving Area are moved to the Reserve Area in cases o 50% are Item A (150 cases per pallet) • Case put away & picking rate=250 per hour . 30% are Item B (100 cases per pallet) . Case put away & picking rate= 150 per hour . 20% are Item C (100 cases per pallet) • Case put away & picking rate= 50 per hour • Case movement for each item is the same as above for #2, #3, and #4 areas . (#2) Item C & half of Item A are kept in cases in the Reserve Area and move to Shipping . (#3) The other half of Item A is moved in to the Bottom Level . (#4) Item B is moved in cases to the Carton Flow Rack • (#5) Bottom Level is moved to Shipping, where case picking rate is 1000 per hour • (#6) Carton Flow Rack moves items in cases to Shipping with a picking rate of 750 per hour. 1. How many workers in Area 1 (Receiving to Reserve)? 2. How many workers in Area 2 (Reserve to Shipping)? 3. How many workers in Area 5 (Bottom Level to Shipping)? 4. How many workers total in the warehouse?
Answers
To determine the number of workers needed in each area of the warehouse, we need to consider the case put away and picking rates, as well as the shift duration and breaks. Let's calculate the number of workers required for each area:
Area 1 (Receiving to Reserve):
Number of pallets received: 50050% are Item A (150 cases per pallet)Case put away and picking rate for Item A: 250 cases per hour30% are Item B (100 cases per pallet)Case put away and picking rate for Item B: 150 cases per hour20% are Item C (100 cases per pallet)Case put away and picking rate for Item C: 50 cases per hour
To calculate the number of workers needed:
Total case put away and picking rate in Area 1:(50% of 150 cases per pallet) * 250 cases per hour + (30% of 100 cases per pallet) * 150 cases per hour + (20% of 100 cases per pallet) * 50 cases per hour = 37,500 cases per hour
Number of workers needed in Area 1:37,500 cases per hour / (8 hours - 0.5 lunch break - 2 * 0.25 breaks) = X workers
Area 2 (Reserve to Shipping):
Item C and half of Item A from the Reserve Area are moved to Shipping.Case movement rate is the same as in Area 1.To calculate the number of workers needed:
Total case movement rate in Area 2:(50% of 150 cases per pallet) * 250 cases per hour + (20% of 100 cases per pallet) * 50 cases per hour = 17,500 cases per hour
Number of workers needed in Area 2:17,500 cases per hour / (8 hours - 0.5 lunch break - 2 * 0.25 breaks) = Y workers
Area 5 (Bottom Level to Shipping):
Bottom Level is moved to Shipping.Case picking rate in Shipping: 1000 cases per hourTo calculate the number of workers needed:
Number of workers needed in Area 5:1000 cases per hour / (8 hours - 0.5 lunch break - 2 * 0.25 breaks) = Z workers
Total number of workers in the warehouse:
Sum of workers in all areas:X (workers in Area 1) + Y (workers in Area 2) + Z (workers in Area 5) = Total number of workers
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Related Questions
bruce, whose primary job is supervising a small production group, is not getting cooperation from all members on the cross-functional team he leads. in particular, selas, a senior marketing manager, seems to resist his direction and tries to influence team members to go in another direction. the source of conflict in this case may be
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If Bruce, whose primary job is supervising a small production group, is not getting cooperation from all members on the cross-functional team he leads. The source of conflict in this case may be: A. status differences.
What is status differences?Status differences can be defined as the way in which a person experience inequality as a result of their status. Example of status difference is when a person earn high income and another person earn low income.
This scenario best illustrate status difference because Bruce is not getting cooperation from the member due to his job role which is to supervise a small production group.
Therefore the correct option is A.
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The complete question is;
Bruce, whose primary job is supervising a small production group, is not getting cooperation from all members on the cross-functional team he leads. In particular, Keylani, a senior marketing manager, seems to resist his direction and tries to influence team members to go in another direction. The source of conflict in this case may be
A. status differences.
B. a personality clash.
C. communication failure.
D. time pressure.
E. ambiguous jurisdictions.
every small employer carrier must actively offer to small employers at least how many health benefit plans?
Answers
Small employers with few employees, particularly those who do not have the resources to provide their own healthcare, are often in need of low-cost healthcare. In the United States, the Affordable Care Act has established rules for small employers to provide healthcare options to their employees.
The small employer carrier must offer at least one small group health benefit plan to small employers who meet their requirements. Small employer carriers must actively offer to small employers at least one healthcare benefit plan.
In addition, they must also offer at least one catastrophic health benefit plan as well.
To encourage carriers to participate in the Small Group market and to provide employees with an adequate choice of plans, every small employer carrier must actively offer at least one healthcare benefit plan to small employers.
It is important for small employers to remember that healthcare policies are intended to meet the healthcare needs of their employees. For example, catastrophic health plans are ideal for employees who are healthy and do not require frequent doctor visits.
Healthcare insurance providers have to keep their plans in line with the law. Their policy coverage should include essential benefits such as ambulance service, hospitalization, emergency services, prescription drugs, and more.
Thus, if you are a small employer carrier, you must offer your employees a minimum of one healthcare benefit plan and one catastrophic health benefit plan.
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How are production limits used in practice to raise the prices of the following goods or​ services: Taxi​ rides? A. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is greater than it would be without​ regulation, those taxis in the market may charge a​ lower-than-competitive price. B. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is less than it would be without​ regulation, those taxis in the market may charge a​ higher-than-competitive price. C. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is greater than it would be without​ regulation, those taxis in the market may charge a​ higher-than-competitive price. D. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is less than it would be without​ regulation, those taxis in the market may charge a​ lower-than-competitive price.
Answers
Answer:
B. The government requires that each cab has a medallioned (a license to operate). Assuming the number of taxis is less than it would be without a regulation, those taxis in the market may charge a higher-than-competitive price.
Explanation:
In the case when the production limits are applied in order to increased the prices of goods and services so here the government need that each and every cab need a license for its operation also we presume that no of taxis should be lower as it would be with no regulation also those type of taxis could charged the high competitive price
Therefore the option b is correct
What factors do you think result in the relationship between neighborhood demographics and the cost of an overdraft fee? Explain your reasoning
Answers
The factors which result in the relationship between neighborhood demographics and cost of an overdraft fee is the number of people living in the location.
Neighborhood demographics refers to the details of people living in a specific states, city or town.
The overdraft fee refers to the service fees that are charged by banks for customers uses of its overdraft service.
The overdraft fee of banks in different location might varies because of the numbers of banks users in the location.
If the bank users in the location are high, the cost of overdraft fee may be set at low price because of the number advantage.
Therefore, the factors which result in the relationship between neighborhood demographics and cost of an overdraft fee is the number of people living in the location.
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Which of the following items should or should not be included in the calculation of operating income: a. Accounts Receivable should be included should not be included b. Cost of Goods Sold should be included should not be included c. Inventory should be included should not be included d. Selling, General & Administrative Expenses should be included should not be included e. Accounts Payable O should be included should not be included f. Interest Income should be included should not be included g. Property, Plant & Equipment should be included should not be included
Answers
The correct options are:
a. should not be included
b. should be included
c. should not be included
d. should be included
e. should not be included
f. should be included
g. should not be included.
The following items should be included or excluded in the calculation of operating income:
a. Accounts Receivable should not be included in the calculation of operating income.
b. Cost of Goods Sold should be included in the calculation of operating income.
c. Inventory should not be included in the calculation of operating income.
d. Selling, General & Administrative Expenses should be included in the calculation of operating income.
e. Accounts Payable should not be included in the calculation of operating income.
f. Interest Income should be included in the calculation of operating income.
g. Property, Plant & Equipment should not be included in the calculation of operating income.
Therefore, the correct options are:
a. should not be included
b. should be included
c. should not be included
d. should be included
e. should not be included
f. should be included
g. should not be included.
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___ utility adds value to goods by having them available where people want them?
i. spatial
ii. location specific
iii. place
iv. geographic
Answers
Place utility adds value to goods by having them available where people want them .
Option A is correct .
Time utility, By making things accessible when customers need them, intermediaries like retailers give them more time utility. By doing whatever action required to transfer ownership from one party to another, including offering credit, intermediaries increase the utility of possession.
Consumers place value on the location of stores where they buy goods. Instead of having to drive to a factory or warehouse where the goods are made or stored, stores make it simpler for customers to make purchases. Customers find what they require in a location that is conveniently situated close to their place of residence or employment.
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Which of the following can an interviewer legally ask you about at a job interview?
A.
Your marital status
B.
Whether or not you have medical conditions
C.
Whether or not you’ve been convicted of a crime
D.
Your age
Answers
Dairy products, inc. , and eden farms corporation form a joint venture to make and test-market frosty ice cream. If this joint venture is like most joint ventures, it will continue?.
Answers
This type of joint venture is often formed for a single exchange or undertaking and will expire when the mission will be completed because the joint venture has been collaborated to produce and exam frosty ice cream.
A joint venture is a collaboration between a group of individuals that aims to develop one company or undertaking for profit while splitting the associated risks. The joint venture's participants must consist of at least two various natural individuals or entities.
A joint venture has many benefits for its members. It can aid a business in expanding more quickly, boosting productivity, and making more money. A joint venture may make it easier for employees to expand into a new market rapidly because the local player will handle all necessary logistics and laws.
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Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.
Answers
Answer:
Throughout my home, there are many objects that were made in many different places. These objects, though they may seem pedestrian, are highly significant in their ability to help and serve. One of these objects includes my television. This trade occurred at Best Buy, where I gave $5,000 U.S dollars in turn for a continuous flow of information. I have since been positively impacted, as I am always aware of my surroundings (I.e. news) and I can keep up with the latest shows. Another example is my refrigerator. My refrigerator allows me to, once again, connect to the internet and keep in touch with those around me. This product has also impacted me, as it makes life much easier. When at the grocery, I am able to search on my phone and look inside to see what I may, or may not, need.
Explanation:
A firm should cease production if it is making losses. Explain with
relevant diagrams.
Answers
A firm should cease production if it is making losses because continuing operations would result in further financial deterioration and inefficiency.
When a firm is experiencing losses, it means that its expenses exceed its revenues, resulting in a negative net income. In such a scenario, it is crucial for the firm to assess its financial position and consider the viability of continuing production. Ceasing production becomes a necessary decision to avoid further losses and potential long-term harm to the business.
Continuing to operate while incurring losses can lead to a deteriorating financial situation. Losses decrease the firm's cash reserves, limiting its ability to invest in necessary resources, pay off debts, or meet operational expenses. This financial strain can disrupt the firm's ability to sustain its operations effectively and may even result in bankruptcy if left unaddressed.
Additionally, producing goods or offering services at a loss is highly inefficient. It implies that the firm is spending more on production costs, including labor, raw materials, and overheads, than it can recover through sales. Such a situation is unsustainable in the long run and indicates that the firm's products or services are not generating enough demand or commanding sufficient prices to cover costs and achieve profitability.
Ceasing production allows the firm to halt the hemorrhaging of financial resources and reassess its business strategy. It provides an opportunity to reevaluate the market conditions, identify the reasons for the losses, and explore alternative options to improve profitability. This could involve restructuring operations, reducing costs, diversifying products or services, or even exiting the market altogether.
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Why would finance charges be applied to a customer with a credit card?
• if the customer did not use the car
• if the customer paid the entire bill
• if the customer did not pay off the entire bill
if the customer charged the maximum amount
Answers
Answer:
Finance charges are applied to a customer with a credit card if the customer did not pay off the entire bill. Here are the reasons why:
Credit cards allow customers to borrow money from the credit card company to make purchases.When a customer uses a credit card, they are essentially taking out a loan from the credit card company.The credit card company charges interest on the loan, which is known as a finance charge.If the customer pays off the entire bill by the due date, they will not be charged any finance charges.However, if the customer does not pay off the entire bill, the remaining balance will be subject to finance charges.Finance charges are typically calculated based on the average daily balance of the account over the billing cycle.The finance charges will continue to be applied until the customer pays off the entire balance.Therefore, if the customer did not pay off the entire bill, finance charges will be applied, regardless of whether they used the card, paid the entire bill, or charged the maximum amount.
A stock has a beta of 1.3. The systematic risk of this stock is the stock market as a whole, higher than lower than equal to indeterminable compared to
Answers
The stock's systematic risk is higher than the stock market as a whole.
Beta can be calculated with the help of the following formula: Beta = Covariance of the asset with the market / Variance of the market. Therefore, by dividing the covariance of the asset with the market by the variance of the market, we can calculate the beta of a stock. What is systematic risk? The variability of returns on a security or portfolio caused by macroeconomic factors that affect the entire market is known as systematic risk. As a result, it is sometimes referred to as market risk. What is the relationship between beta and systematic risk? The beta coefficient is a measure of a stock's systematic risk. A beta of 1 indicates that the stock has the same systematic risk as the overall market, whereas a beta of less than 1 indicates that the stock has less systematic risk than the market as a whole. Similarly, a beta of greater than 1 indicates that the stock has more systematic risk than the market as a whole. Since the stock's beta is greater than 1, its systematic risk is higher than the market as a whole. Therefore, the answer to the given question is "higher than."
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A stock with a beta of 1.3 has a systematic risk equal to that of the stock market as a whole. Therefore, the systematic risk of this stock is equal to that of the stock market as a whole .
A stock with a beta of 1.3 has the stock with a beta of 1.3 has the same systematic risk as the stock market as a whole, which is known as non-diversifiable risk.
A systematic risk equal to that of the stock market as a whole.What is systematic risk?Systematic risk is a type of risk that is inherent in the entire market or an entire asset class, rather than in a single security or portfolio. This is also known as the market risk or the non-diversifiable risk.What is beta?Beta is a statistical measurement of the degree to which a security or portfolio moves in relation to the market as a whole. The market has a beta of 1.0, with stocks that are more volatile than the market having betas greater than 1.0, while stocks that are less volatile than the market have betas less than 1.0.
The beta of this stock is greater than 1.0 and hence this stock has more volatility than the market as a whole. This indicates that it will move in the same direction as the market with similar magnitude, as a result the systematic risk of the stock is the same as that of the market.
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Which of the following dose not apply to field
Answers
Answer:
there are no options there ....
hope you may add the options
It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style
Answers
Answer:
decodes and feedback.
Explanation:
It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver. It includes information and communication, how important and useful information is, and can be read in order to understand it. The structure of a message is tone.
The Style includes how the sender composes and writes a message.
Message is the idea being transmitted.
A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.
Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback
Roughly, there are 3 purposes for passing message
To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.Learn more about Communication process here
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How has presidential power changed over time?.
Answers
Presidents have used their unilateral powers, such as executive orders laws that do not go through Congress but nonetheless have legal effect if the courts do not invalidate them increasingly throughout time.
How has the presidency evolved over time?Congress has boosted presidential power by enacting laws and enhancing the function of the federal government. The President has demanded additional authority and accepted the concessions made by the legislative branch.Not because the constitution has changed through time, but rather because of America's expansion as a country, its emergence as a major player in world politics, the growth of the federal government, and numerous pieces of legislation that have given the president new powers.Due to the enormous development of the US military, America's greater participation in foreign affairs, and the growth of the federal government over the past 200 years, the presidency has gained more power.To learn more about presidency refer :
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Which of the following are factors that will effect the price of a product?
(Check all that apply)
1. The amount of advertising and communications needed to inform customers
2. The number of businesses in the channel of distribution
3. The level of customer service offered by the business
4. The quantity of a product purchased by a customer
5. Whether the product is fragile or requires special handling
Answers
The factors that will affect the price of a product are:
1. The amount of advertising and communications needed to inform customers.
2. The quantity of a product purchased by a customer
3. Whether the product is fragile or requires special handling
What is Pricing?Pricing is the process by which a company determines the price at which it will sell its products and services and can be part of the company's marketing plan.
The process of estimating the quantitative value of a product based on internal and external criteria is known as product pricing. Product price has a direct influence on your company's entire profitability, from cash flow to profit margins to client demand.
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Sometimes events on Salesforce need to be handled by an external system due to the scale or type of process being executed. Consider the use case of a user in Salesforce needing to get pricing for an order they are building in Salesforce while on the phone with a customer. The pricing logic already exists in a third-party system. Instead of creating this logic in Salesforce, it will be leveraged by making a request of the third-party system. The response, in this case the pricing, will be returned and stored back in Salesforce. What is the optimal solution
Answers
Answer:
A trigger that upon saving
customer order, will make a real time callout saving the pricing back in Salesforce
Explanation:
Salesforce a software that is used to organise customer interactions in such a way that transactions between the company and customer is effectively managed by the software.
In the given scenario pricing needs to be handled by an external system. The response will be returned and stored back in Salesforce.
Instead of doing this manually the best solution will be to have an trigger that starts a real-time callout, saving the pricing back in the salesforce.
An trigger allows one to perform customised actions before or after an event. The action can be an update or deletion.
Which parts of your business are not profitable?
Answers
Answer:
7 Problems Preventing Your Business From Being Profitable
Low prices. Setting prices is one of the first and most important decisions you'll have to make for your business.Too much overhead.Too many ongoing costs.Unseen or hidden costs.Fierce competition.A lack of market awareness. Inconsistency.if i get 16 brainlest ill give u guys 136 points
Answers
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
experts say that organizations are becoming increasingly decentralized, with authority, decision-making responsibility, and accountability being pushed further down into the organization. how will this trend affect what will be asked of you as a manager? does your organization currently operate with a centralized or decentralized structure?
Answers
The trend towards decentralization in organizations will have implications for the role of a manager. In a decentralized structure, decision-making authority and accountability are pushed down to lower levels within the organization.
As a result, managers will be expected to shift their focus from commanding and controlling to enabling and supporting their teams. Rather than making all the decisions themselves, managers will be tasked with fostering a collaborative environment where individuals are empowered to take ownership and contribute their expertise.
Managers in decentralized organizations will need to emphasize effective communication, facilitate information sharing, and promote a culture of trust and autonomy. They will be responsible for setting clear goals, providing resources and support, and removing obstacles that hinder team members' progress. Coaching and mentorship will also be crucial to help employees develop their skills and adapt to changing circumstances.
OpenAI, the organization behind ChatGPT, operates with a decentralized structure. The company values distributed decision-making and encourages employees to take ownership and contribute their unique perspectives. This approach allows for faster innovation, greater agility, and increased adaptability to complex and evolving challenges.
In conclusion, as organizations become more decentralized, managers will play a pivotal role in creating an environment that fosters collaboration, autonomy, and continuous learning.
Their focus will shift from top-down decision-making to supporting and empowering their teams, ultimately leading to increased employee engagement, creativity, and organizational effectiveness.
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What impacts did the decentralization of the u.s. banking system during the free banking era have on the currency in the united states? select the two correct answers.
the purchasing power currencies issued by state banks varied wildly from state to state.
monetary reserves decreased.
the money supply declined.
the amount of loanable funds increased.
land was frequently purchased with counterfeit currency.
Answers
The impacts of the decentralization during the free banking era are :
( A ) The purchasing power currencies issued by state banks varied wildly from state to state.( C ) The money supply declined Impacts of free banking eraDuring the free banking era the banks did not survive for long as necessary as they were unable to redeem their notes as the purchasing power of currencies varies from state to state.
Hence we can conclude that the impacts of the decentralization during the free banking era are as listed above.
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You will receive $500 tomorrow. You will receive an additional nine cash flows growing at the rate of inflation of 2 percent per year. The nominal interest rate is 10 percent. a. Find the value of the stream of cash flows. Make sure to show your work. b. What is the real value of each cash flow received? Make sure to show your work. c. Find the value of the stream of cash flows, based on real values. Make sure to show your work. d. What do you observe? Explain.
Answers
Answer:
please find the solution which is defined as follows:
Explanation:
please find the table in the attached file:
In point A, The Cashflow value = 5474.86 (premised on the description of cash flows). In point B, the above table the PV of cash flow represents the real cost of its earned cash flow. In point C, its actual value of the cash flow source is 3643.921. In point D, The observation would be that the value of money year after year is depleting and is worth far more as inflation is weak.
A polar bond is a covalent bond in which there is an electronegativity difference between the two bonded atoms and electrons are shared unequally. The atom with the higher electronegativity will have a partial _____ charge and is marked with the symbol _____ while the atom with the lower electronegativity will have a partial _____ charge and is marked with the symbol _____.
Answers
The atom with the higher electronegativity will have a partial negative charge and is marked with the symbol δ− while the atom with the lower electronegativity will have a partial positive charge and is marked with the symbol δ+ .
The electrons in pure covalent bonds are distributed equally. One atom pulls on the electrons with a stronger force than the other in polar covalent bonds, resulting in an unequal distribution of electrons.
A bond is deemed to be non-polar covalent if the difference in electronegativity between the two bound atoms is less than 0.5. The electrons of each atom are drawn to it in roughly equal numbers, which causes them to spend the same amount of time around each atom.
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Sample advertisement: Lose body fat and feel healthier with our proven supplement, Edgozene! Losing weight is easy with Edgozene! Just take two pills before each meal. You'll feel more full and eat less. No other diet pill offers what our product does - and for a limited time, if you buy now you can get two bottles of Edgozene for just $29.95! Which of these statements from the advertisement are facts? Check all that apply. A) Losing weight is easy with Edgozene. B) You will lose weight and feel healthier if you take Edgozene. C) You will receive two bottles of Edgozene when you order. D) Edgozene costs $29.95. E) You won’t eat as much if you take Edgozene.
Answers
Answer:
C) You will receive two bottles of Edgozene when you order.
D) Edgozene costs $29.95.
Explanation:
We assume that 1 order costs $29.95 and delivers 2 bottles. (That is, we assume that you cannot order 1 bottle for $14.98.) Under that assumption, the cost is $29.95 (D) and the amount delivered is 2 bottles. (C)
There is no way to determine whether any other claims are facts, or not. As a rule, feelings experienced when eating are a function of a lot more than just a diet pill. That is, you may or may not eat less when/if you feel more full.
Answer:
c,d
Explanation:
what is utility in business and marketing
Answers
Answer:
Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.
New York City has passed a law banning smoking cigarettes and cigars in public bars and restaurants. This law would be defined as:
Answers
The law passed in New York City banning smoking cigarettes and cigars in public bars and restaurants can be defined as a "smoking ban" or "smoke-free legislation."
A smoking ban refers to a legal restriction imposed by a governing authority to prohibit smoking in certain public areas or establishments. In this case, the ban specifically targets public bars and restaurants, aiming to create smoke-free environments for patrons and employees.
Such laws are implemented with the intention of protecting public health by reducing exposure to secondhand smoke, preventing the negative health effects associated with smoking, and promoting cleaner and healthier environments in public spaces. Smoking bans are often enacted based on scientific evidence and public health concerns regarding the harmful effects of tobacco smoke on both smokers and non-smokers.
By implementing this law, New York City aims to create a healthier and more comfortable environment for individuals visiting or working in public bars and restaurants, encouraging smoking cessation and minimizing the risks associated with secondhand smoke exposure.
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if california was a country where would it rank in economy
Answers
Answer:
It would be the world's fifth-largest economy!
is lying same as not telling truth
is same or different I think its same
Answers
Answer:
It’s the same
Explanation:
Because either way ur not telling the truth and when u don’t tell the truth that a lie so they are the same thing
50 POINTS PLS HELP
Write a check, fill in the check register, then reconcile the checking account.
Answers
Answer:
your answers for blank check are as follow s: Date:04/01/19.
PAY TO THE ORDER OF: City of Dallas $54.15
fifty four dollars and fifteen cents.
Memo:for a parking ticket.
A performance evaluation system can create a conflict of interest between what is best for a manager and best for the organization and its owners, which is called
Answers
A performance evaluation system can create a conflict of interest between what is best for a manager and best for the organization and its owners, which is called an agency problem.
An agency problem arises when there is a conflict of interest between the goals and objectives of the principal (the organization and its owners) and the agent (the manager). The principal wants the agent to act in their best interest, but the agent may have their own personal interests and may not always act in the best interest of the principal. This can lead to a conflict of interest and can have a negative impact on the performance of the organization. To minimize the potential for an agency problem, it is important to have clear and effective communication, alignment of incentives, and proper oversight and accountability.
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