Service industry - Samenvattingen, Aantekeningen en Examens

What is a price taker? - ANSWER-A company that has to accept the price that the market sets for a good. They have no influence over setting the price. What is a price maker? - ANSWER-a firm possessing the power to set the price within the market. They still need to track all costs in order to make sure they are making an adequate return. What is the major purpose and use of job order costing? a. To create a system that tracks both manufacturing and period costs and assigns both to produ...

third party - entities or persons that work on behalf of the organization but are not its employees, including consultants, contingent workers, clients, business partners, service providers, subcontractors, vendors, suppliers, affiliates and any other person or entity that accessess customer, company confidential/proprietary data and/or systems that interact with that data outsourcer - the entity delegating a function to another entity, or is considering doing so outsourcer - the entity eva...

MNG3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App Michelin is a leading French brand and manufacturer of tires and rubber products.The company was founded in 1888 by two Michelin brothers and grew to one of the largest tyre manufacturers in the world, with a market share of 14.8% in 2023. Oddly enough, the company also sells popular travel guides and road maps. They can make or ...

Well-structured TRL3703 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... 1. The Covid-19 pandemic great affected all industries in the world and the aviation industry was no exception. With that said, discuss the impact of COVID-19 on the low-cost carriers in the world and South Africa. Your response should start with a presentation of the pandemic’s impact in the world with reference to the LCC, then to South Africa with pract...

In the U.S., enforcement of safety work rules resides with: - Occupational Safety & Health Administration (OSHA) Utility pruning is the pruning of trees located in the vicinity of power lines for the purpose of __________ __________ __________. - ensuring reliable service A comprehensive vegetation management program should be __________ rather than reactive, & based on principals of __________ vegetation management. - proactive; integrated What is a volt? - a unit of electrical force M...

Explain the economic laws of Supply and Demand, and explain why these laws do not strictly apply to automobile insurance. - pages 3-3 and 3-13. the economic theory of supply and demand proposes that more resources will be allocated to a product that increases revenue. The law of supply provides that the higher the price, then more will be supplied. the law of demand provides that, with all other factors equal, less will be demanded as the price rises. For the insurance market, supply is rep...

Revenue Management Final Exam | Latest 2023 with complete solution What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What elem...

HRD4801 Assignment 3 (DETAILED ANSWERS) 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ..... QUESTION 1 Bioware Corporation, a leading technology company specialising in software development and information technology (IT) services, has been experiencing rapid growth. The company, which has over 10 000 employees spread across the African continent, has identified the need to enhance its training and development progra...

Which of the following may RECA amend from time to time? A) The Act B) The Rules C) The Regulations D) All the statements are correct - Answer- B According to the Act, which of the following statements apply if an industry professional whose conduct is subject to disciplinary proceedings make application to withdraw from the profession? A) If the application is approved, RECA issues a news release B) If the application is approved, all disciplinary proceedings are terminated C) If the ...