Based on the customer service relationship ethics, and considering the situation described in the question above, the associate should "apologize to the customer in a friendly way, stop what he or she is doing and look in the stock room for the missing item. Try to find an alternative item that can solve her problem."
What is Good customer service?Good customer service is a term that is used to describe good customer service practices that involve actions like valuing customers' time, showing a pleasant attitude, and delivering knowledgeable and resourceful resources.
Generally, good customer services from business associates include taking things a step further to exceed — rather than just meet — the expectations of the customers.
Various ways to deliver good customer service are:Know your productMaintain your attitudeCreatively solve the problem of customersGive a quick responsePersonalize your customer services, etc.Hence, in this case, it is concluded that the associate should apologize to the customer and help her solve the problem outright.
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researchers purified the wild-type and a variant form of a 140 kda protein (protein x). the researchers performed a native gel and an sds gel electrophoresis under non-reducing condition and observed the following electrophoretic patterns.
Statement D is incorrect since there is no way to determine the quantity of acids present with either subunit without knowing the make-up of Protein X.
Is clean the same as purified?To purify everything is to eliminate it of toxins like chemicals, filth, or contamination in general. If a flavor of your tap water is chlorine, you could elect to purify it. It is the material that consumers purify most frequently, despite the fact that scientists purify many compounds throughout tests.
Briefing:Two bands containing the WT protein can be seen in Gel A, indicating that the natural protein has two different peptide chains. These measure between between 50 kDa & 20 kDa in size. There is only one bar in the Mutant lane, and it is roughly 70 kDa in size. That both WT and also the mutant proteins in Gel B exhibit a characteristic pattern that is about 140 kDa in size. The presence of four chains, two of size 50 kDa and two of size 20 kDa, is indicated by the 140 kDa bands in Protein X.
We may also conclude that the two separate bands are covalently connected by a disulfide bond in the Recombinant Protein Gave attention upon that 70 kDa band in Gel A. This is to ensure protein molecules' tertiary structures are disturbed rather than disulfide bonds being broken by a non-reducing SDS page. One 70 kDa band may be seen in Gel A in place of up to 50 kDa & 20 kDa bands, indicating that the mutant protein X's three subunits are covalently bound together.
Arguments A, B, & C become accurate as a result.
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The complete question is-
Researchers purified the wild-type and a variant form of a 140 kDa protein (Protein x). The researchers performed a native gel and an SDS gel electrophoresis under non-reducing condition and observed the following electrophoretic patterns.
Which conclusion is NOT valid:
A). Gel B is a native gel.
B). Protein X is a tetramer composed of two identical heterodimers.
C). The variant form contains covalently linked subunits.
D). The largest subunit of Protein X is approximately composed of 120 amino acids.
True or false: the primary purpose of a company's statement of cash flows is to provide information about the company's
True, The primary purpose of the statement of cash flows is to provide information about a company's cash receipts and cash payments during an accounting period.
What is information ?Information refers to an abstract concept that relates to anything that has the power to transmit information. At the most basic level, information relates to the interpretation of what is felt.Information is a stimulus that has meaning to the recipient in a specific context. When information is entered into a computer and stored there, it is commonly called data.Output data can be recognized as information again after undergoing processing such as formatting and printing. This is a data set organized for direct use by humans, as the information helps people in their decision-making processes.For example: Timetables, earnings lists, reports, tables with headers, printed documents, pay-slips, receipts, reports and more. Information is defined as knowledge obtained through research, communication, research, or education. Information is basically the result of analyzing and interpreting data.Data is the individual numbers, numbers, or graphs, but information is the perception of these units of knowledge.To learn more about information from the given link :
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Question:
True or false: The primary purpose of the statement of cash flows is to provide information about a company's cash receipts and cash payments during an accounting period.
Marketers will utilize native advertising to help educate their customers about both online and in-store sales specials. This tactic integrates the _____ element of the marketing mix. Multiple Choice place product packaging promotion price
Marketers will utilize native advertising to help educate their customers about both online and in-store sales specials. This tactic integrates the promotion element of the marketing mix
Native AdvertisingIs the idea of creating ads that are so integrated with the content of the page, so adapted to the design and that are so consistent with the behavior of the platform, that the viewer feels natural about the ad.
They focus heavily on promoted search results and sponsored social media posts. Both formats provide the same kind of value to users as organic search results and user-generated social media posts.
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You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
I will earn the most salary in $15.00/hour and a $2,000 bonus at the end of the year so overall I will earn $33,200 per year.
First of all the complete question is You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary and in which situation you will earn the most?
option a) $30,000/year
option b) $15.00/hour
option c) $30,000/year with a 10% bonus
option d) $15.00/hour and a $2,000 bonus at the end of the year
40 hours/week × [tex]52[/tex] weeks = [tex]2,080[/tex] hours a year.
$30,000/year
$15.00/hour × 2,080 hours = $31,200/year
$30,000/year w/ a 10% bonus = 30,000 × 1.10 = $33,000/year
$15.00/hour and a $2,000 bonus at the end of the year = (15 × 2,080) + 2,000 = $31,200 + $2,000 = $33,200/year
Thus, one can earn the most while working $15.00/hour and a $2,000 bonus at the end of the year.
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perhaps the biggest obstacle to understanding older films is the fact that they operate according to different___
Perhaps the biggest obstacle to understanding older films is the fact that they operate according to different conventions. A huge gathering of people who go to a location for typically several days to discuss their common interests or job or to make decisions together.
A convention is a get-together, typically of a certain group. Conventions are held by political parties, educators, plumbers, gardeners, toy manufacturers, and computer programmers. To make our writing more readable, we utilize conventions. In other words, we act in a particular manner to enable the reader to understand what we're attempting to convey. Spelling, punctuation, capitalization, grammar, and sentence structure are examples of conventions. They are grammar principles that make it possible for readers to comprehend text. They act as guideposts for readers or offer familiar territory to help them comprehend the content. Conventions both trigger meaning and direct readers on how to understand the text. Convention typically connotes a gathering of representatives from political, religious, social, or fraternal organizations. Assembly typically connotes a gathering for a predetermined or customary purpose, such as discussion, passing of legislation, or taking part in a social event.
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One major advantage of organizing a business as a sole proprietorship is that:
• A. the business has an unlimited life span.
B. it is fairly simple to get the business started.
• c.
it is easy to quickly raise large sums of capital.
D. risk and liability are divided among many people.
The answer is B
One major advantage of organizing a business as a sole proprietorship is that it is fairly simple to get the business started. The Option B is correct.
What does sole proprietorship mean?Also known as an individual entrepreneurship, refers to a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity.
Some of the major advantage of a sole proprietorship includes:
easy to establish and get started.owner retains complete control of the business.no corporate income tax payments.less expensive than other business typesRead more about sole proprietorship
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When the U.S. economy runs a trade ________, it is implicitly asking the rest of the world to ________.
When the U.S. economy runs a trade deficit, it implicitly asks the rest of the world to finance some of its investment.
Investment is the determination of money to acquire an asset to obtain a growth in price over a time period. Investment requires a sacrifice of a few gift help, including time, cash, or effort. In finance, making an investment aims to generate a return from the invested asset.
The funding includes bonds, shares, and PPF amongst others, which enables growing cash and presents a further source of income. As investment enables us in developing our cash over a certain period of time, there is a particular risk accompanying the funding.
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A contract for an item or piece of equipment for a specified amount of time and a specified amount of money. is the meaning of?
An equipment lease agreement is a contractual agreement where the lessor, who is the owner of the equipment, allows the lessee to use the equipment for a specified period in exchange for periodic payments.
What is an Equipment Lease Agreement?
An equipment leasing agreement is a legal arrangement whereby the equipment's owner, the lessor, grants the lessee access to the asset for a certain time in return for regular payments. Vehicles, industrial machinery, or any other equipment might be the focus of the lease.
Once the terms of the lease have been agreed upon by the lessor and lessee, the lessee is granted permission to use the equipment in exchange for making regular payments throughout the term of the lease. However, if the lessee violates the conditions of the lease or uses the equipment for an illegal activity, the lessor maintains ownership of the equipment and is entitled to terminate the equipment leasing agreement.
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Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can make 3 tables or 18 chairs, whereas Traci can make 8 tables or 24 chairs. Given this, we know that the opportunity cost of 1 table is
a.
1/6 chair for Ken and 1/3 chair for Traci.
b.
1/6 chair for Ken and 3 chairs for Traci.
c.
6 chairs for Ken and 1/3 chair for Traci.
d.
6 chairs for Ken and 3 chairs for Traci.
According to the given data, the opportunity cost of 1 table is 1/6 chair for Ken and 1/3 chair for Traci. The correct option is (a).
What do you mean by the woodworkers?A woodworker, such as a cabinet maker, joiner, or carpenter.
The ability to create useful and practical products out of various types of wood is known as woodworking. Although it started out as a job, woodworking is now more of a hobby.
Great woodworkers don't have special abilities or gifts; instead, they have honed a few fundamental techniques. Similar to sports, those who have the best grasp of the fundamentals and the confidence that results from it are the champions.
Children's self-esteem and confidence are greatly impacted by woodworking, and it fosters a sense of agency and a "can-do" attitude. Children can express their creativity and imagination via woodworking.
Therefore, according to the given data, the opportunity cost of 1 table is 1/6 chair for Ken and 1/3 chair for Traci.
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which of the following types of fitness-related businesses is defined as for-profit facilities that offer fitness services as well as raquet sports, pools, and gymnasiums?
Finding the most and least profitable organizational units depends on understanding profit centers. They work by distinguishing between several revenue-generating pursuits.
This makes it easier to cross-compare and conduct more precise analyses across divisions. A branch or division of a business that directly contributes to or is anticipated to contribute to the overall bottom line is referred to as a profit center. It is handled as a distinct, stand-alone company that generates its own revenues and profits. Its revenues and expenses are computed independently from those of the rest of the company. The phrase "profit center" was first used in 1945 by Peter Drucker.
A branch or division of a business that directly contributes to the bottom line profitability of the company is known as a profit center.
When accounting for its revenues, a profit center is handled as a distinct business.
A cost center, business division, or department that doesn't bring in money is the antithesis of a profit center.
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A manufacturer of computer game software could use which methodology to test concepts to create an ad to appeal to preteens?
Multiple Choice
storyboard
computer simulation
split-run test
focus group
Delphi technique
The manufacturer of computer game software uses the focus group method to test ideas before creating an advertisement for preteens. The focus group brings six to ten people together to give feedback on the company's products and marketing campaign. It is a tool to measure the product's potential impact and is based on research.
What is the focus group method?A focus group is a method of research in which a small group of people participate in a moderated setting to answer questions. The gathering is decided due to predefined segment qualities, and the inquiries are intended to reveal insight into a subject of interest. There are four kinds of interviews.
Is a focus group a method for evaluating an idea?Group interviews are similar to focus groups. Their purpose is to gather information, just like any other tool for research or evaluation. Focus groups can help us appreciate how people feel about an experience, issue, or service by listening to and observing interactions.
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od techniques for dealing with intergroup problems include . third-party consultation organization mirror intergroup team building all of the above none of the above
Organizational development techniques for dealing with intergroup problems include all of the options like team building, third-party consultation etc.
Organizational development (OD) aims to assist organizations in increasing their effectiveness and achieving their objectives. Third-party consultation entails using an outside mediator to help groups within an organization communicate and solve problems. This can be useful when there are persistent disputes or misunderstandings among groups that are challenging to settle on one's own. Organization mirror is a procedure where a group of consultants work with a company to find and fix problems that might be preventing it from being effective.
Analyzing organizational structures and procedures as well as fostering interaction and cooperation between various sections within the organization can be part of this. Intergroup team building involves bringing together representatives from different groups within an organization to work together on a specific project or task. This can help to build trust and understanding between groups and can be an effective way to address intergroup conflicts or misunderstandings.
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prior to the national minimum drinking age act of 1984, arrest rates for duis among college aged individuals was 1 arrest for every 39 licensed drivers, after the law change, duis decreased 14%
The National Minimum Drinking Age of 1984, requires the state to prohibit persons under the age of 21 from purchasing or possessing alcoholic beverages in public as a condition of receiving state highway funds.
From the end of Prohibition until 1984, states established drinking ages; many of them were 21 years old, while several were discounted 18 years old to buy beer. That changed because of the baby boom and the Vietnam War.
The effect of changing the drinking age law on traffic accidents, injuries, and deaths has been thoroughly studied. These effects are relatively easy to assess for several reasons. Each law applied to all drivers throughout the state on a specific date, so crash results can be compared within the state, before and after the law, and with other states that did not change their laws at the same time.
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they were producing more crops than needed, fewer were needed overseas because of the tariff war, prohibition led to 90 percent fall in barley, and changing tastes in food in america. this lead to a 25 percent decline in demand for wheat and farm income fell from 22 billion to 13 billion
this lead to a 25 percent decline in demand for wheat and farm income fell from 22 billion to 13 billion.
A consumer's desire to buy products and services and willingness to pay a certain price for them are two aspects of demand, an economic notion. When a product or service's price goes up, less people will typically buy it. In a similar vein, a rise in demand will follow a fall in a product or service's price. Demand is a concept that both customers and businesses are highly familiar with because it is logical and happens frequently throughout the course of almost any day. When a product's pricing is low, for instance, shoppers who are keeping an eye on it will purchase more of it. Customers buy fewer items or maybe even nothing at all when anything happens to raise the pricing, such a change in season.
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the velocity of money would decrease if there were an increase in without any other change in the economy.
The velocity of money would decrease if there were an increase in the money supply without any other change in the economy.
What is the Economy?An economy is a sophisticated system of linked exchange, consumption, and production activities that ultimately decides how resources are distributed among all the players. The creation, use, and distribution of resources and services work together to meet the needs of persons residing in and using the economy.
A country's economy might be compared to a region's, a single industry, a family, or even a whole country. An entity, whether it be a country or a small town, has an economy if all of its activities including the creation, consumption, and exchange of products and services are included. Each economy is different from the next. Each is shaped by the resources, culture, legal system, geographical location, and history that it has. The participants' decisions and actions determine how each changes.
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Draw an earned value chart for the end of the fi rst week (5 days) assuming the time proportionality rule for the project illustrated in the following network diagram given the following costs and percentage completions:
Under project network diagram where the related costs and percentage completion stages are defined already with an assumption of time proportionately rule earned value chart can be drawn.
What is Earned Value Chart?A management technique to show the evolution of earned value metrics through using an value flow chart. Typically, the chart comprises lines for earned value, which is a gauge of how much progress has been accomplished, budget (planned project cost), and actual cost (planned project cost).
Formula for computing the Earned Value from the chart:
E⇒ Earned Value = Task Budget x Percent complete (actual)
Therefore for drawing the earned value chart one must know about the time proportionality rule of given project, costs and percentage completion stages from a network diagram.
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A monopoly is a market in which there are high barriers to entry, which are restrictions that make it difficult for new firms to enter a market. There are two types of barriers to entry: natural barriers and government-created barriers. Sort the following into the appropriate type of entry barrier.
Taxi companies have market power because it is difficult for new companies to obtain a license to operate.
ALCOA’s production costs per unit of aluminum continued to fall as the firm expanded.
Pfizer obtains a patent to sell a new drug that will cure cancer.
Sam’s Scooters is unable to raise finanancial capital because the company is unknown.
U.S. Steel owned a significant number of iron ore mines, a key input to produce steel.
A monopoly is a market with high entry barriers or restrictions that make it difficult for new firms to enter a market. Natural barriers and government-created barriers are the two types of entry barriers.
A situation known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces.
When one business and its product control an entire sector of the economy, there is little to no competition and customers are compelled to purchase the particular good or service from the one business. This situation is known as a monopoly.
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According to the United Nations Development Fund, some 30 percent of the world's population lives on less than _____ per day.
Approximately 30% of the world's population, according to the United Nations Development Fund, survives on less than $1 per day.
What purpose does a development fund serve?
The Local Development Fund is a tool for financing public, socio-collective, and economic investments in the areas of development and poverty reduction in rural areas. It supports the budgets of partner towns of UNCDF programs.
What are funding for social development?
Through programs and opportunities geared toward kids, teens, and young people, the Social Development Fund gives small grassroots organizations the tools they need to address challenges of poverty and violence in their local communities.
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in comparison to investment portfolios comprised entirely of corporate stocks and bonds, portfolios which include some form of real estate investment tend to offer higher returns for the same level of risk.
True, in comparison to investment portfolios comprised entirely of corporate stocks and bonds, portfolios which include some form of real estate investment tend to offer higher returns for the same level of risk.
What is investment ?An investment refers to an asset purchased for income appreciation. Valuation refers to the increase in value of an asset over time. When a person purchases a commodity as an investment, the intention is not to consume the commodity, but to use it to create wealth in the future. He one of the best ways for beginners to learn how to invest in stocks is to deposit money into an online investment account. This account can be used to invest in stocks and equity funds. Many brokerage accounts allow you to start investing with as little as one share. Investing is an effective way to invest money and potentially build wealth. With smart investments, investment may decrease inflation and increase in value. The huge growth potential of an investment is largely due to the power of compound interest and the risk/return trade-off.To learn more about investment from the given link:
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Question:
T or F? In comparison to portfolios comprised entirely of corporate stocks and bonds, investment portfolios which include some form of real estate investment tend to offer lower levels of risk for equivalent returns.
_____ is the practice of charitable giving by corporations; includes contributing cash, donating equipment and products, and supporting the volunteers' efforts of company employees.
Group of answer choices
Ethical responsibility
Financial empowerment
Corporate benevolence
Economic responsibility
Corporate philanthropy
Corporate philanthropy is the practice of charitable giving by corporations; includes contributing cash, donating equipment and products, and supporting the volunteers' efforts of company employees.
The act of a company or organization supporting the wellbeing of others, typically through philanthropic donations of money or time, is known as corporate philanthropy. Corporate philanthropy aids in assisting local areas where businesses are headquartered. In essence, it provides organizations with free money through supporting corporate giving initiatives.
Corporate philanthropy supports nonprofit organizations in a variety of ways, including through volunteer grants and corporate matching donation initiatives. Corporate programs can significantly boost the impact of donations and volunteer work for organizations.
Corporate philanthropy increases employee engagement and adds value to the company. When firms engage in corporate philanthropy, they improve their relationships with customers, foster a great workplace culture, and build their own positive public image.
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tanya is an independent truck driver who delivers cargo all around the country. for tanya, she and her truck are:
Tanya is an independent truck driver who delivers cargo all around the country. For Tanya, she and her truck are complementary inputs in the production.
Truck drivers are an essential part of the transportation industry. They transport goods and materials all over the country, keeping the economy moving. Truck driving is a demanding job, requiring long hours on the road and careful attention to detail.
Drivers must be safe and efficient to succeed in this career. In some cases, truck drivers may also be responsible for loading and unloading their cargo. Truck drivers typically work long hours and may be required to travel for extended periods of time.
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ivan is managing an extended advertising campaign for a local convenience store chain. the campaign includes a series of television, radio, and print messages. as part of monitoring the campaign, which of the following offers a good indicator of advertising effectiveness?
Past economic conditions Survey is the good indicator of advertising effectiveness.
What is advertising ?Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service.
The process of determining whether or not a brand's advertisements are successful and are directed to the appropriate audience is known as advertising effectiveness. It aids in determining whether the advertisements have any effect on the audience.
Ad effectiveness allows you to determine the advantages and disadvantages of marketing efforts.
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Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 88,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity:Issued 10,400 shares of common stock at $5.80 per share.Issued 19,600 shares of common stock at $9.30 per share.Reported a net income of $106,000.Paid dividends of $53,000.Purchased 2,600 shares of treasury stock at $11.30 (part of the 19,600 shares issued at $9.30).What is total shareholders' equity at the end of 2021?Multiple Choice$289,840.$319,220.$266,220.$268,420.
The net assets of the business are represented by shareholder equity. This includes the company's net earnings as well as all stock shares of various types.
The total equity held by shareholders is A. $250,000.
70,000 shares of stock (10,000 times 7) 160,000 shares of stock (20,000 times 8) 160,000 net income.
The amount of money invested in a business by its owners is known as shareholder equity. This includes the money they've invested directly and the money the company has earned and put back into the business since its inception.
How is shareholders' equity calculated?
Share Capital minus Retained Earnings minus Treasury Stock is Shareholders' Equity. The investor's equation is another name for the share capital method.
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which of the following terms describes the category of cloud computing in which a customer develops applications using development tools and infrastructure provided by the service provider
Platform as a service describes the category of cloud computing in which a customer develops applications using development tools and infrastructure provided by the service provider.
Depending on the nature of the project, a number of considerations need to be taken into account while choosing the appropriate development tool. Software development tools, which enable programmers (or system developers) design, alter, or test applications programs, are essentially computer programs that operate most frequently on personal computers. Text editors are a few of the often used software development tools. Assemblers/compilers. Project management tools are a collection of software created to assist project teams in project planning, project tracking, and project management in order to meet project goals within a given time frame. Additionally, it fosters productive teamwork and speeds up tasks so they can be completed within the given deadlines.
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FILL IN THE BLANK. aggregate supply curves are___for low levels of output, and___for high levels of output.
For low levels of output, aggregate supply curves are comparatively flat; for high levels of output, they are comparatively steep.
What is aggregate supply?The total amount of merchandise that businesses will produce and sell is known as aggregate supply, or real GDP. The positive association between price level and real GDP in the short run is demonstrated by the upward-sloping aggregate supply curve, also known as the short run aggregate supply curve.
Price, time, employer remuneration, technical breakthroughs, inflation and deflation, governmental rules, and the availability of resources are some of the variables that influence the aggregate supply curves.
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Financial statements of a nonissuer compiled without audit or review by an accountant should be accompanied by a report stating that:
Financial statements of a nonissue compiled without audit should be accompanied by a report stating that the accountant does not express an opinion or any other form of assurance on the financial statements.
What is financial statement?
Financial statements are documents that describe a company's operations and financial performance. Government organisations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
A financial statement contains what?
The balance sheet, the income statement, and the cash flow statement are the three primary forms of financial statements. Together, these three statements display a company's assets, liabilities, revenues, expenses, and cash flows from financing, investing, and operating operations.
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which of the following probably occurred as the u.s. economy experienced declining real gdp in 1957? check all that apply. industrial production increased. home sales increased. consumer spending declined. the unemployment rate increased.
The unemployment rate declined.
There is a blue-shaded area in 1957 that represents the time of the decline. As a result, the current phase is a recessionary one.
Short-term fluctuations in real GDP are irregular and unpredictable is true because the short term ups and downs are directly or indirectly dependent on the short term investments and the preferences in the market or the market sentiments.
The U.S. economy experienced increasing real GDP in 1958 mainly occurred because of the consumer spending decrease, increase in real income, the decline in the unemployment rate, increase in productions, increase in profits.
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ecocinema' vs 'environmental films': films that deconstruct anthropocentric attitudes vs. films that reinforce them p. willoquet-maricondi:
The goal of ecocinema, a type of filmmaking that may be found in both fiction and non-fiction, is to inform and spread environmental awareness via the medium of film. Environmental documentaries can broaden viewers' perspectives on the environment by raising awareness of a particular issue and inspiring action on behalf of a particular ecological or social cause.
Narratives about the environment and biodiversity loss may be changed with the use of strong media like film. Gaining insight into the audience and impact helps encourage support for the critical and successful conservation efforts taking place all across the world.
Fuel, mostly utilized for cars and generators, was the major cause of emissions for films of all sizes. The same holds true for TV shows. For one-hour written dramas and half-hour single-camera scripted programming, it accounts for over 60% of emissions.
The widespread belief that the human effect on the environment is inherently an unnatural disturbance is a prime illustration of such anthropocentrism.
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a service is a product in the sense that it represents a bundle of activities and benefits that can satisfy customer wants and needs with physical form
A service is a product in the sense that it represents a bundle of activities and benefits that can satisfy customer wants and needs with physical form. This statement is true.
Why is the product a package of satisfaction?A product is a collection of characteristics (features, functions, advantages, and uses) that a buyer receives in return for something else. In essence, a company's "product" might be anything, real or immaterial, that it offers to satisfy its customers.
A service is similar to a product in that it offers a collection of advantages that can physically satisfy the wants and needs of customers. The idea that our economy today is more centered on intangible offerings—services—instead than solely tangible things is hotly contested.
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T/F. a profit center generates revenues and incurs costs, and its manager is responsible for major investing decisions.
The following statement, "A profit center generates revenues and incurs costs, and its manager is responsible for major investing decisions." is true.
A corporate division or section that makes money while spending money is called a profit center. In other words, it's a division that use corporate assets to produce revenue. This can be viewed as a department that generates revenue or sales for the company.
While a stock dividend may be less valuable than a cash dividend in the short-term, it can be a more efficient way to distribute dividends to shareholders over the long-term.
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