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In most restaurants, waiters receive a large portion of their compensation through tips from customers. Generally, the size of the tip is decided by the customer. However, many restaurants require a 15 percent tip for parties of eight or more.
a. why the practice of tipping has emerged as a major method of compensating the wait staff
b. why the customer typically decides on the amount of tip?
c. why restaurants require tips for large parties?
ABC corporation is a holding company with three subsidiaries. The following information pertains to these subsidiaries:
Assume that, prior to other company's entering the market, the maker of a new smartphone earns $100 million per year. By reducing its price by 50%,
Price comparison services on the Internet are a popular way for retailers to promote their products and a convenient way for customers to simultaneously obtain price quotes from many firms setting I identical product.
Discuss and explain the individual contributions that could be made through a cross-functional team to the following list of activities.
Determine what will the sustainability movement look like over next twenty years? What issues do you expect to take center stage? How will business respond?
Business Week, in an article dealing with management, wrote, "When he took over furniture factory three years ago. Realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
Given the data, please construct the demand estimation for soft drink consumption in the United States by a multiple-linear regression equation, and a log-linear (exponential) regression equation.
Two months before, the landlord of a car dealership significantly changed his sales manager's compensation plan. Under the old plan, the manager was paid a salary of $6000 every month
Prepare the sketch the Fourier transform of a rectangular pulse of amplitude 10 V and width 0.1 second that is centered on the zero time axis. Determine the autocorrelation function of a rectangular pulse.
At several universities and colleges, business professors receive higher salaries than professors in others fields. Why might this be the case?
Market Structure and Pricing Decision Applied Problems, BUS 640 Managerial Economic,
Today's Friday night, and you are just about to leave your room to attend a party. However, a copy of New York Times catches your eye.
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