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- 47) The customer is the person who pays everyone's salary and who decides whether a business is going to succeed or fail. Is this sentence valid A. False B. True C. Not applicable D. None of the above110- It is important to understand both the similarities and differences between the two matrix tools in order to better help manage complexity in large firms. Which of the following statements is false with regard to the BCG Matrix and GE-Mckinsey Matrix? a. The GE-Mckinsey Matrix has nine cells, while the BCG matrix has four cells b. Matrix share is a reflection of competitive strength, which industry attractiveness is represented by market growth in the BCG Matrix c. Market share is more forward looking while competitive strength is more historical in its perspective d. The GE-Mckinsey Matrix is a holistic and inclusive approach that aids in prioritizing resources allocation for business in a portfolio that would benefit the most11th - Which of the following is a concept that means determining how much to be paid for one job relative to others within the enterprise? a) Pay level B) situational charge NS) wage income D) Minimum wage TO) Fee structure
- 4. State whether the following statements are true, false or uncertain and explain why. An auto worker in Melbourne is laid off, and after 5 weeks of job search he still cannot find a job. This represents a case of structural unemployment. Demand deficient unemployment cannot persist if money wages in the economy are flexible downward. An inward shift of the economy’s Beveridge curve indicates there has been taken a reduction in the amount of friction unemployment.This assignment will require you to research, discover, analyze, and write a complete Business Report. "FIRST IN-N-OUT BURGER OPENS -- Harry Snyder introduces California's first drive-thru hamburger stand in a space barely 10 square feet at Francisquito and Garvey in Baldwin Park. Every day before dawn, Harry visits the meat and produce markets to pick out fresh ingredients, which he prepares by hand. Meanwhile, his wife Esther diligently takes care of all the accounting for the new restaurant at their home right around the corner. It's been a few years since then, and In-n-Out Burger is now a favorite of millions. Your Team Research Project is designed as a business case study to improve the operations of this very successful company. (Note: With instructor approval, your team may change the focal company of this project, as long as you maintain the intent of the project.) Your report will contain these elements: Company Background (Past, Present, and Future) Current Business Model…Statement: If the manager increased the price and operated at maximum capacity, the cafe would be profitable.Truthfulness: False If the cafe operates at the break-even price for their maximum capacity, it means that their revenues would be just enough to cover their costs, resulting in a breakeven point. There would be no profit in this scenario. Increasing the price while operating at maximum capacity may generate higher revenues, but it does not guarantee profitability as it depends on the costs involved. Statement: If the cost of coffee increased during the week, but the price remained the same, the cafe would still break even.Truthfulness: False If the cost of coffee increased while the price remained the same, it would directly impact the variable costs per cup. This would lead to a decrease in the gross margin per cup, and therefore the cafe would not break even. The increased cost of coffee would reduce the profitability unless the price is adjusted to compensate for the higher…
- Senior management is also considering residual income as a performance measure. Comment on the performance on the two divisions based on residual income. (Word limit: 50 exclude supporting computations)true or false? Just type T or F after the arrow.1. An employer must report every workplace injury to OSHA within 8 days.2. If a state has its own approved occupational safety and health plan, then employers in that state have to follow the state law, not the federal law.3. Most US states have their own approved occupational safety and health plan for employees in private industry (not just government workers).4. If a restaurant is resuming dine-in service, then to comply with OSHA standards, the restaurant must require all of the employees to be vaccinated against COVID 19. 5. OSHA can fine an employer for a violation even if nobody is injured by it.6. An employer can be responsible for a hazard that none of its managers even know about.7. OSHA officials can inspect a worksite even if there have been no injuries or complaints.8. An employee has the right to refuse to do any job that he or she thinks might be unsafe.9. If an employee is injured at work due to an OSHA violation that was…33-If the controls over sales order processing is deficient, the auditor may place more reliance on________ for assertions related to receivables. O a. Analytical procedures O b. Tests of details O c. Combination of both o d. None of the options
- Typical problems with IT cost estimates include: Estimates are done quickly, and people lack estimating experience. Human beings are biased towards overestimation. Top Management does not care about accuracy. All of the above.You work for a company in the package delivery industry that has a competitive advantage based on low costs. Which of the following events is most likely to have a negative impact on your company’s performance? A) the federal government’s call for an increase in the minimum wage. B) a reduction in your supplier’s costs for cardboard boxes. C) your largest customer’s recent increase in internet sales. D) your competitor’s introduction of a new, high priced drone delivery service. E) All of these.Which one fills the blink: consistency, reciprocity, social proof, authority, scarcity. A doctor has many degrees and certificates hanging on the walls in his/ her waiting room. When a person comes to that office for an appointment, seeing those degrees/ certificates persuades that person that this doctor is an expert in his/ her field. This demonstrates how the principles of ----- can be used.