Identify one local service provider and do the following:1. Describe the services the company provide.2. Discuss how these services help the community.3. Choose a particular service of the company and show how the bill or charge for thatservice is computed.4. Write a formula for computing the bill or charge.5. Show computations for three different transactions.6. Submit a written report.

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Answered: Identify one local service provider and…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Read the statements below and answer all the five questions that follow:Materials management includes the job of purchasing. In any industry, purchase refers to the acquisition of necessary equipment, materials, tools, and parts. The relevance of the buying function varies depending on the industry and its size. This duty is performed by the works manager in small businesses, and by a distinct department in major manufacturing companies. As soon as a purchaser places an order he/she commits a substantial portion of the finance of the corporation which affects the working capital and cash flow position. He/she is a highly responsible individual who interacts with many salespeople and can thus be deemed to have contributed to the company's public relations efforts. Source: https://businesstech.co.za/news/business/220551/these-are-the-5-biggest-retailers-in-south-africa/ You are managing the purchasing department at Walmart's Cambridge Foods in South Africa. Critically discuss the…
31. Summarize why controls are needed in purchasing, receiving, and storage to help safeguard the foodservice operation's assets.
Tha back end of a payment system comprises I. Clearing and settlement. O II. Settlement and instrument of payment. O II. Clearing, settlement, and access point. O IV. Clearing and instrument of payment. Ov. Clearing, settlement, and instrument of payment. O VI. Access point, and user interface.
One company offers a candidate for employment 1,200 shares os stock options. Another company provides the same candidates an offer of 400 shares of restricted stock. Asuume both offers provide the same salary and comparable benefits. A.Both offers are equally valuable B. The offer with stock options is more valuable C. The odder with restricted stock is more valuable D. We need more information to determine which offer is more valuable
NOTE: Please explain what’s in the image, thank you.
1. Company resources include the following: A. Human, psychological, and social B. Financial, human, and capital C. Functional, formal, and financial D. Corporate, investor, and employment 2. The Operations Department deals with: A. The production and distribution of a company's good or service B. All legal matters relating to the business C. The creation, pricing, selling, and promotion of a company's good or service D. All of these 3. Value means customers believe: A. You cannot compete on price B. They are getting a good deal for the price paid C. Both You cannot compete on price and They are getting a good deal for the price paid D. None of these
Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the localcommunity. Customers love the quality of meet that Mr. Ferdinand sells so they tend torecommend his product to other persons. Recently, Mr. Ferdinand has been running out of beefto sell to his customers. One customer suggests to him that he must use past sales records toforecast demand for his beef so that he can meet his customers demand. 1. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast forhis beef.
In sourcing out materials needed by the business, which of the following should be considered? a. one supplier only O b. the owner O c. at least two suppliers O d. the number of employees Which among the following is true about the implementation of "machines" in the business operations? O a. Observe efficient logistics management. O b. None of the above O c. Physical and security risks of equipment should not be given attention. O d. There should be alternative options in case equipment becomes dysfunctional. It is the cheapest and most adaptable manufacturing site. O a. Home-based O b. Manufacturing hub Commercial space for rent O d. Commercial space purchase
Enumerate and briefly explain factors affecting the service expectations
A company had the following accounts and balances as of December 31: Account Debit Credit Cash $ 20,000 Accounts Receivable 2,000 Supplies 1,500 Prepaid Insurance 1,400 Accounts Payable $ 4,000 Total equity 14,900 Lodging Revenue 7,000 Salaries Expense 500 Utilities Expense 500 Totals $ 25,900 $ 25,900 Using the information in the table, calculate the total assets reported on the balance sheet for the period. Multiple Choice $23,400. $25,400. $25,900. $22,500. $24,900.
Please explain all the options that why its correct and incorrect 14. What significant challenge do the IHIP service characteristic present to service provider? a. Ensuring customer satisfaction b. Delivering consistent service quality c. Achieving operations efficient d. Managing supply and demand e. All of the above 15. A “customer centric” approach has an impact on: a. All internal activities of a company b. The way a company interacts with its customers c. All of the company’s operations d. A company focus and strategy e. All of the above 16. Organisational culture is an important concept for service businesses because: a. It helps staff know what to do and how to do it, even without direct supervision b. It provides clues about behaviour norms c. It fills the gap between training and unforeseen cirucmstances d. All of the above
Read and review the following resources: Bible (version of your choice) The following chapters from Healthcare Strategic Planning, John M. Harris, Editor: Chapter 3, Section 2–Organizing for Success Chapter 4, Section 2–Major Planning Process Considerations Pharmacy Forecast 2019: Strategic Planning Advice for Pharmacy Departments in Hospitals and Health Systems(PDF document) Write an initial response to the following key question(s) or prompt(s): (Original Post is due by Thursday; Reply to at least one classmate by Saturday; Address any questions posed to you by the end of the workshop; Ensure to use references in each post) Any strategic plan must consist of organizing sub-steps and milestones needed to accomplish the end goal. As you work through the six steps of the PBL process, how will you evaluate progress, whether re-direction is needed, and what benchmarks will be used to determine if the plan is on the right track? How will you manage risks?

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