The top workers are always looking for new methods to develop themselves and give more to the business. They pay attention, consider criticism seriously, and are receptive to new ideas.
They don't hesitate to ask inquiries or look for assistance when necessary. Successful workers aren't scared to voice their opinions or offer suggestions. They also know how to control their enthusiasm so that it doesn't lead to tearing down existing procedures or concepts.
But rather to discover ways to work together to be more productive and enhance the results of existing procedures. Someone who can be trusted by management to do a good job is a good employee.
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The following information is available for the Noir Detective Agency. After closing entries are posted, what will be the balance in the G. Noir, Capital account? Net Loss $ 25,600
G. Noir, Capital 293,000 G. Noir, Withdrawals 35,200 Multiple Choice
A. $232,200 B.$283,400 C. $302.600 D. $293,000
E. $257,000.
The balance in the G. Noir, Capital account after closing entries are posted will be $232,200. The correct option is A
The balance in the G. Noir, Capital account can be determined by subtracting the net loss and withdrawals from the initial capital balance.
G. Noir, Capital = $293,000
Net Loss = $25,600
G. Noir, Withdrawals = $35,200
To calculate the final balance in the G. Noir, Capital account:
G. Noir, Capital - Net Loss - G. Noir, Withdrawals
= $293,000 - $25,600 - $35,200
= $232,200
Therefore, the balance in the G. Noir, Capital account after closing entries are posted will be $232,200. The correct option is A
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How Red Robin Is Trying to Fly High
Red Robin operates more than 550 casual restaurants in the United States and Canada. The burger-focused company, based in Greenwood Village, Colorado, has been struggling with sales declines in a difficult business environment. Consumers today have many alternatives to cooking, including a wide array of restaurants and services that will deliver prepared food. At the same time, restaurants have difficulty limiting the cost of labor, for two reasons. First, the minimum wages paid to many restaurant workers have been rising, and second, the demand for workers has been high, as reflected in several years of low nationwide unemployment rates.
Under the leadership of former chief operating officer Guy Constant, whose background is in finance, the company decided to meet the competitive challenge with a focus on labor costs. They announced what they called a team service model, which involved having employees perform a wider variety of tasks. Instead of having bussers clear tables alongside servers, the servers would take orders and clear tables. And the restaurants’ hosts would also handle carryout orders when customers came to pick them up. Along with these changes, the restaurants cut back on the number of workers scheduled for shifts. These moves did indeed reduce the cost of labor as a percentage of sales. The problem was that sales also fell, posting quarterly declines almost every quarter for four years, dragging down profits with them. Constant acknowledged that the changes in staffing had made it difficult for restaurants to maintain consistent quality. Trying to compete by emphasizing low-price deals only made the profit situation worse. Constant eventually was dismissed, and his boss, chief executive Denny Marie Post, also was replaced.
Other performance metrics also signaled trouble. Following the switch to the team service model, customer wait times increased, and so did the ticket time: the number of minutes from submission of a diner’s order ticket to delivery of food to the table. The number of people who left before being served jumped 85% in one year. At the same time, the company was having more trouble keeping employees. It had many open positions for managers in the restaurants.
Red Robin brought in a new CEO, Paul Murphy, from his previous position at Noodles & Company to turn around the company just as it was reporting its first quarter of sales gains in a year and a half. Murphy has been focusing on quality improvements in the food and service. Instead of lowering costs by expanding employees’ responsibilities, the company intends to focus on how technology such as handheld devices to take orders can bring efficiency to restaurant operations. The chain also is improving schedules so that the busy hours are more heavily covered by staff. The company also is testing more generous pay for managers. Although this raises costs, Murphy notes that attracting and keeping experienced managers is associated with better restaurant performance, including financial performance.
With regard to food, Red Robin has been expanding its arrangement to sell Donatos pizza in its restaurants. At the same time, Murphy aims to cut the number of menu items by 10% to streamline service and also to investigate new ingredients to improve the appeal of menu items in line with what customers are seeking from Red Robin’s competitors. And he has set a goal to build loyalty while shaving costs by enticing customers to order direct from the company’s website, rather than through a third-party delivery service.
Early results have been positive, and not just in continued sales gains at stores open at least a year. Customer visits were still down, but customers were spending more per check, and sales have been increasing for catering and delivered food. Traffic in restaurants with Donatos pizza on the menu have actually seen an upswing in the number of customers. Murphy reported that manager positions have been fully staffed and there is lower turnover of hourly employees. The result is more experienced employees, who are better able to handle the traffic and keep customers satisfied. Ticket times have gotten shorter as well. Despite stores being shutdown in some states for several months due to the COVID-19 pandemic, Murphy has predicted steady growth in revenues, as the initiatives to improve service take off.
PLEASE EXPLAIN IN DETAIL AND WITH OPINION
How do you think Mary Parker Follett would have addressed the challenge of improving productivity in Red Robin’s restaurants? Would her approach have helped the company? Why or why not?
Give an example of a type of problem management science could solve for Red Robin. What limits, if any, do you see on the ability of management science to help Red Robin’s managers solve business challenges described in this case?
Mary Parker Follett was a management theorist known for her emphasis on collaborative and participatory approaches to management. Her ideas focused on the importance of integrating the expertise and contributions of employees in decision-making and problem-solving processes.
Collaboration and Empowerment: Follett would advocate for involving employees at all levels in the decision-making process. She would encourage managers to seek input from front-line staff regarding operational improvements, such as streamlining processes, reducing wait times, or enhancing customer service. By empowering employees and valuing their expertise, Follett believed that organizations could tap productivityimprovements.Cross-Functional Teams: Follett would promote the formation of cross-functional teams within Red Robin's restaurants. These teams would bring together employees from different areas, such as servers, hosts, cooks, and managers, to collaboratively identify and solve productivity-related issues. By fostering teamwork and cooperation, Follett believed that organizations could leverage the diverse skills and perspectives of their employees to find innovative solutions.Training and Skill Development: Follett emphasized the importance of investing in employee training and skill development. She would encourage Red Robin to provide comprehensive training programs to ensure that employees are equipped with the necessary skills and knowledge to perform their tasks efficiently. By enhancing employee capabilities, organizations can improve productivity and deliver better service to customers.Continuous Improvement: Follett would emphasize the need for a culture of continuous improvement within Red Robin's restaurants. She would advocate for regular feedback loops, where employees are encouraged to share their ideas, provide suggestions, and offer insights on potential productivity enhancements. By fostering a culture of continuous learning and improvement, organizations can adapt to changing customer preferences and market demands.
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Mexico city is one of the most polluted cities in the world. True or false?
Answer:
true
Explanation:
If the price of the share grows as the company grows, how does buying shares in a company benefit an investor?.
Answer:
An investor will be able to sell these shares for a higher price and make a profit.
Explanation:
This is because the investor can sell the share for a higher price as people see the company is doing well.
problems of the public sector provisioning
Answer:
erms in this set (6)
lack of accountability. nepotism, corruption, incompetence.
Inefficiency. Bureaucracy. ...
Difficulty in assessing needs. prone to under-or over-supplying public goods.
Pricing policy. prices can be over or under valued.
Parastatals. inefficient and in need of bailouts.
Privatisation.
Explanation:
Have a nice day, honey. ^_^ ^﹏^
what learning options can i take part in during high school?
hussain after doing his graduation has decided to run a retail shop as a source of livelihood. ii. He procures the goods from the wholesalers according to the consumer's demand and maintains a regular supply of goods to his customers. [5] TGIS-Raipur 4 / 5 iii. Customers are well satisfied with his services due to which his sales turnover is very high and he is earning a good return on his capital employed. iv. Seeing his Successful business, two other retailers have also opened their shops in the same area giving him tough competition reducing his market share and margin of profits. But Rohit knows, in spite of his best efforts put into the business, there is always the possibility of inadequate profits or losses. a. Identify the economic activity Rohit is engaged in. b. Enlist the features of identified economic activity with reference to the underlined words in each sentence given above.
A) Business is an economic activity.
B) features are profit earning- as it is essential for survival growth and expansion of business
Dealings in goods and services on a regular basis - and not merely one single transaction of sale or purchase.
The four major economic activities are resource management, production of goods and services, distribution of goods and services, and consumption of goods and services.
Agriculture, fisheries, mining, and forestry. Manufacture of finished products. Manufacture of technology, consumer goods, furniture, vehicles, and clothing. The provision of intangibles is commonly referred to as a service.
Economic activity is the activity by which people provide, produce, purchase or sell goods and services to meet their daily needs. Economic activity includes all activities related to the manufacture, sale, or use of products or services.
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are some of the factors that influence employee benefits strategies cyclical
Answer:
hoobaa hooba hooba
Explanation:
hooo
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Answer: Making initial development private saves the government from funding all of the research.
Explanation:
A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.
Government award grants for the development of technologies, community projects, home insulation etc.
With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.
if inventory is in stock what does that mean?
Answer:
So inventory is like what you have in stock so like if i sold shirts i would say i have 16 shirts in my inventory but i need to get more in stock
Explanation:
It is not advisable for a worker who is satisfied with their job to improve their skills. Please select the best answer from the choices provided T F
Answer: False
Explanation: I just took the practice test
Answer:
False
Explanation:
which type of business might be best for a person with expertise but little or no capital investment?
A **service-based business** might be best for a person with expertise but little or no capital investment.
Service-based businesses rely primarily on the skills, knowledge, and expertise of the individual or a team of professionals to deliver services to clients or customers. These businesses typically require minimal upfront capital investment compared to businesses that involve manufacturing or selling physical products. Instead, the focus is on providing specialized services such as consulting, freelance work, coaching, tutoring, graphic design, writing, web development, or any other service that aligns with the individual's expertise.
With a service-based business, the primary investment is the time, effort, and expertise of the individual or team. It allows them to leverage their skills and knowledge to generate income and build a client base without significant financial resources. Additionally, service-based businesses often have lower overhead costs since they don't require large inventories, manufacturing facilities, or extensive physical infrastructure.
However, it's important to note that establishing a successful service-based business still requires careful planning, marketing, and effective client acquisition strategies. Building a strong reputation, networking, and delivering high-quality services are crucial for long-term success in this type of business.
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haley optics manufactures lenses used in cameras, binoculars, and scientific equipment. it had sales of $300,000 during the last quarter. it depreciated assets during the year by $20,000. the earnings before interest and taxes was calculated to be $120,000. on an income statement, an accountant would classify the remaining $160,000 as:
The remaining $160,000 is classified as the net income or net profit of Haley Optics for the last quarter, indicating its profitability after deducting all expenses.
The remaining $160,000, after deducting depreciation and EBIT, is classified as the company's net income or net profit. Net income is a measure of a company's profitability, representing the amount of money it has earned after deducting all of its expenses.
It is calculated by subtracting all the expenses of the business, including the cost of goods sold, operating expenses, interest, taxes, and depreciation, from its total revenue.
In the case of Haley Optics, the net income for the last quarter would be $160,000, calculated as follows:
Net Income = Sales - Cost of Goods Sold - Operating Expenses - Depreciation - Interest - Taxes
Net Income = $300,000 - Cost of Goods Sold - Operating Expenses - $20,000 - Interest - Taxes
Net Income = $160,000
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Please select the steps involved in GOMS. (Multiple answers possible) Measures. Selections. Operators. Goals. Methods. Options. What are some of the advantages of a Heuristic Evaluation? (Multiple answers possible) Combines well with other evaluations methods. Can be cheap. Simple to perform. Generates quantitative insights. Requires in-person user testing. Can be done by anyone. Why is it important to keep your audience in mind when you communicate research results? (Multiple answers possible) You need to make sure to tell everybody what they want to hear. It doesn't matter how great of an insight you have if no one understands it. Knowing what main takeaways and insights to communicate to the individual audience can increase stakeholder buy-in. It doesn't matter.
GOMS steps: Goals, Operators, Methods, Selections.
Advantages of Heuristic Evaluation: Can be cheap, Simple to perform, Combines well with other evaluation methods. Importance of audience in communicating research results: Knowing what main takeaways and insights to communicate to the individual audience can increase stakeholder buy-in.
GOMS (Goals, Operators, Methods, Selections) is a cognitive modeling technique used to analyze human-computer interaction. It involves breaking down tasks into these components to estimate task completion time and identify potential usability issues. Heuristic Evaluation is a usability inspection method where evaluators assess a system's user interface against a set of usability principles or heuristics. Advantages of heuristic evaluation include its cost-effectiveness, simplicity in execution, and compatibility with other evaluation methods, allowing for comprehensive usability assessments.
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which of the following is a result of having scarce economic resources for the production of goods and services? multiple choice question. poverty and unequal distribution of wealth fewer options that require choices deflation the production of unlimited goods and services
B: "Fewer options that require choices" is a result of having scarce economic resources for the production of goods and services.
Scarcity of economic resources means that there is a limited amount of resources available to produce goods and services. As a result, individuals and organizations must make choices about how to allocate these resources. This leads to fewer options for production and requires decisions about which goods and services to produce and which ones to forego. The choices made in the allocation of resources can have significant impacts on the economy, including distribution of wealth and prices. Scarcity creates the need for individuals and organizations to prioritize their wants and needs based on the availability of resources.
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What does SME stand for
Answer:
Subject Matter Expert and Small and Medium Enterprise
Explanation:
the abbreviation for "Subject Matter Expert"
and "Small and Medium Enterprise"
Answer:
small to medium-sized enterprise, a company with no more than 500 employees.
Explanation:
Which point on the business cycle BEST represents an expansionary phase?
Answer: the answer is D
Explanation:
Expansionary could also be used as going up
On the given diagram of graph, the business cycle best represents an expansionary phase is Point D. The correct option is (D).
What do you mean by the business cycle?Business cycles are characterized by a country's economic activity experiencing a boom in one period and a fall in the next.
The two key stages of a business cycle are basically prosperity and depression. The expansion, peak, trough, and recovery stages are also intermediate phases.
The expansion phase of a business cycle is represented by the cycle line that rises above the steady growth line. The production, employment, output, wages, profits, demand and supply of goods, and sales all rise during the expansion phase of a business.
Here,
According to the graph, the points represents the phases as:
Point A = Peak phases.
Point B = Recession phases.
Point C = Trough phases.
Point D = Expansion phases.
Therefore, the given diagram of graph, the business cycle best represents an expansionary phase is Point D.
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The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ \(Total \ revenue=Total \ cost\)
⇒ \(125x=50000+100x\)
On subtracting "100x" from both sides,
⇒ \(125x-100x=50000+100x-125x\)
⇒ \(25x=50000\)
⇒ \(x=\frac{50000}{25}\)
⇒ \(=2000 \ units\)
what are the factor that you need to answer your and selective attention invertors?.elaborate your answer...
links are not allowed
Economics: Grade 12 NW Project QP: 2022 QUESTION 1 1.1 Outline any FOUR non-price competition strategies that food outlets like Nandos, KFC, Chicken Licken and other businesses specialising in chicken, employ use to ensure their operational success in the monopolistic competitive firm.
In monopolistic competition, businesses like Nandos, KFC, and Chicken Licken use non-price competition strategies to ensure their operational success.
Some of these strategies are:
Product Differentiation: These food outlets differentiate their products from their competitors through their recipes, flavors, sauces, and cooking techniques. Nandos, for example, uses its signature peri-peri sauce, which is unique and exclusive to its brand.Advertising and Marketing: These food outlets invest heavily in advertising and marketing to create brand awareness and promote their products. They use various media channels such as television, radio, social media, and billboards to reach their target audience.Customer Service: These food outlets focus on providing excellent customer service to create a loyal customer base. They ensure that their staff is well-trained, courteous, and efficient in serving their customers.Location and Ambiance: These food outlets choose prime locations that are easily accessible to their target audience. They also create a unique ambiance and atmosphere that is appealing to their customers.By using these non-price competition strategies, food outlets like Nandos, KFC, and Chicken Licken can differentiate themselves from their competitors, attract new customers, and retain their existing ones. This, in turn, ensures their operational success in the monopolistic competitive firm.
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Kieran likes to see all the facts before making a decision. He does not appreciate it when his team members try to push or persuade him into making a decision. He'd rather see as much information as possible and then form his own conclusions. What type of leadership style most represents Kieran?
Through his attitudes of forming his own conclusions without being pressured by his team members, it is correct to say that the leadership style that most represents Kieran is the controlling style.
Characteristics of a controlling leaderIt is usually a leader who has experience in the decision-making process in his area of expertise and uses a top-down approach, where decisions are more controlled and hierarchical.
Therefore, a controlling leader tends to be more autocratic and bureaucratic regarding control and decisions.
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What is the best way to protect the environment when we shop? Do you agree with Adler’s view that what we buy is more important than what we carry it in? What answer would you propose to this environmental problem?
Keeping the shop surroundings clean and ensuring protection requires great effort both from the seller.
Sellers need to do the following to ensure good sanitation:
Ensure a good drainage system to prevent pillage of debris.Having a waste collector and make it empty everyday.Numerous cleaning pattern in a day.Fumigation are very important to keep the environment germs free.However, i agree with Adler’s because the value of a product or the value its offered is more important that what its look physically.
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Which of the following according to Oskar Morgenstern is not a source of error that can affect the accuracy of economic observations?
a) The lack of designed experiments.
b) The possibility of hiding information.
c) The inadequate training of those who observe economic data.
d) The problem of accounting for government services in the national accounts.
e) All of the above are possible sources of errors that can affect the accuracy of economic observations.
According to Oskar Morgenstern, all of the options mentioned (a, b, c, d) are possible sources of errors that can affect the accuracy of economic observations.
Oskar Morgenstern, a renowned economist, recognized that various factors can introduce errors and affect the accuracy of economic observations. He identified several potential sources of error, including the lack of designed experiments, the possibility of hiding information, the inadequate training of those who observe economic data, and the problem of accounting for government services in the national accounts. Each of these factors can introduce biases, inconsistencies, or incomplete information, leading to inaccuracies in economic observations.
Therefore, the correct answer is e. All of the above are possible sources of errors that can affect the accuracy of economic observations, according to Oskar Morgenstern.
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Which is true of variable-rate loans?
O The rate can only go up.
O The rate can only go down.
O The rate can go up or down, depending upon the index it is tied too.
O The interest rate can fall below 0
Answer:
c is the answer
Explanation:
The statement true of variable-rate loans is The rate can go up or down, depending upon the index it is tied to. Thus the correct option is C.
What are variable-rate loans?Borrowing with a variable rate means that the interest rate will change over time in accordance with market conditions. It is predicated on a fundamental benchmark interest rate or index, which fluctuates often with the market.
Since their initial rates of interest are typically lower than those of fixed-rate loans, the rates and payments are subject to fluctuation. Individuals are assessed an additional premium by banks and other financial institutions beyond this benchmark rate.
In addition to the payment schedule, variable-interest-rate loans operate much like credit cards. Variable interest rates may rise to the point that the borrower finds it impossible to repay the loan.
Therefore, option C is appropriate.
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Why is term life insurance better than whole life insurance?
Answer: Term life is “pure” insurance, whereas whole life adds a cash value component that you can tap during your lifetime. Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—if you can keep up with the premium payments.
Explanation:
The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
Projects are usually classified into all but one of the following categories. Which one is NOT one of the typical classifications?
A. Compliance and emergency
B. Operational
C. Strategic
D. Political necessity
E. All of these are typical classifications
D. Political necessity is not one of the typical classifications of projects.
Projects are temporary endeavors undertaken to create a unique product, service, or result. They are usually classified into different categories based on their purpose, scope, and objectives.
The three most typical classifications of projects are compliance and emergency, operational, and strategic.
Compliance and emergency projects are those that are initiated to comply with legal or regulatory requirements or to address urgent situations such as natural disasters, accidents, or security breaches. Operational projects are those that are aimed at improving or streamlining ongoing business operations or processes. Strategic projects are those that are aligned with the organization's long-term goals and objectives, aimed at creating new products or services, entering new markets, or expanding operations.
Political necessity is not a typical classification of projects since it is not directly related to the purpose, scope, or objectives of the project. Political necessity may refer to projects that are initiated to address political or public relations issues, gain political support or influence, or promote political agendas.
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1. A cylinder contains600cc of ideal gas at 27°C and 650mm of pressure At constant pressure, the
volume of gas at 0°C is
(1 Point)
273cc
546cc
819cc
1365cc
Answer:
\(546\ \text{cc}\)
Explanation:
\(V_1\) = Initial volume of gas = 600 cc
\(V_2\) = Final volume of gas
\(T_1\) = Initial temperature of gas = \((27+273.15)\ \text{K}\)
\(T_2\) = Final temperature of gas = \((0+273.15)\ \text{K}\)
We know that
\(V\propto T\)
So
\(\dfrac{V_2}{V_1}=\dfrac{T_2}{T_1}\\\Rightarrow V_2=V_1\dfrac{T_2}{T_1}\\\Rightarrow V_2=600\dfrac{0+273.15}{27+273.15}\\\Rightarrow V_2=546\ \text{cc}\)
The volume of gas at the given temperature is \(546\ \text{cc}\)
Genna is a director of Fab Stuff Corporation. Without informing Fab, Genna starts up Evertrendy, Inc., to compete with Fab. Genna is liable for breach of
Genna is liable for breach of the duty of loyalty as Without informing Fab, Genna starts up Evertrendy, Inc., to compete with Fab.
What is the meaning of duty of loyalty?The duty of loyalty represents the principle that directors and officers of a corporation must act without personal economic conflict.
When making decisions in their capacities as corporate fiduciaries.One of the two primary fiduciary duties that a company's directors must fulfill is the duty of loyalty.
Thus, it is a duty of loyalty.
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Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses