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You have purchased a car wash franchise. The franchise fee was $20,000. You must pay 6 percent of your earnings in royalty fees. In your first year, you paid $10,000 for equipment, $4,300 for operating costs, and $10,700 for part-time employees. Your first-year revenues were $120,000. Calculate the total expenditures for the first year. What was your profit? What will profits be in your second year if total revenues and costs remain the same?
Explain how starting an international business in a capitalist system is different from starting a business in a socialist system
Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.) How does each metric support the overall financial performance of the organization?
Alternative One reduces wasted motion (walking) to 1% of total labor used on the assembly line. Physical lifting is reduced to no more then 12 pounds. Six people will be required on the assembly line. Productivity in finished goods per 8-hour shif..
The "span of control" includes:
What are the four fundamental learning styles? Define each style and provide a specific example of each based on your understanding. Then identify with the one learning style that best defines your learning style and why. Define each of the four stag..
Linda was employed with Southern Telephone Company as a telephone operator for ten (10) years. Bored with this job, she applied for an open position as a telephone repairperson, which paid $10.00 per hour more than she was currently earning. As alway..
Which of the following is NOT a finding resulting from managers beginning to define and isolate the full range of quality-related costs
Orcycle' is a key competitive weapon of Harley Davidson. Go to their website and describe how many different combinations exist. What if your business offered only a single motorcycle, with 2 handle bars, 3 luggage bags, and 4 exhaust pipe configurat..
Create a cost benefit analysis matrix for the HRIS vendor you have chosen. Analyze the cost justification strategies that you will use to justify the cost of the HRIS, including data that identify each benefit and cost component examined
Which of the following are strategic factors are often used in depicting strategic groups? Which of the following factor(s) determine the intensity of competition in an industry according to the industry perspective? The most intense level of compet..
Assuming that 75 percent of all requests are routine, calculate the overall takt time for the customer service center.
Has free agency helped or hurt professional sport? Why do you think this way? Explain in detail. Give examples
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