There is no relationship between the level of education received and lifetime earnings.

Answers

Answer 1

Answer: False

Explanation:

There is a relationship between the level of education that a person receives and the lifetime earnings. It should be noted that the more education that a person receives, the higher the lifetime earnings of such person will be.

For example, someone who has a doctorate degree is expected to have a higher lifetime earnings than someone who has a high school degree.

Therefore, based on the explanation given, the statement is false.


Related Questions

The maximum price that can be asked for the new jPad model is $2,000 at which point they would sell 0 units. It costs Pear $600 to manufacturer and deliver these jPads to their stores. Determine the optimal price for this new jPad, which can be assumed to operate in a monopoly (at least upon introduction).

Answers

Answer: $700

Explanation:

Based on the information given in the question, the optimal price for this new jPad, which can be assumed to operate in a monopoly will be calculated thus:

P = 2000+Q

TR = P × Q

TR = (2000 + Q) × Q

TR = 2000Q + Q²

MR = 2000 + 2Q

MC = 600

Since marginal revenue equals to marginal cost, this will be:

MR = MC

2000+2Q = 600

2Q = 2000 - 600

2Q = 1400

Q = 1400/2

Q = 700

Flying Cloud Co. has the following operating data for its manufacturing operations:
Unit selling price $ 350
Unit variable cost $ 100
Total fixed costs $980,000
The company has decided to increase the wages of hourly workers which will increase the unit variable cost by 10%. Increases in the salaries of factory supervisors and property taxes for the factory will increase fixed costs by 5%. If sales prices are held constant, the next break-even point for Flying Cloud Co. will be:__________
a) increased by 368 units
b) decreased by 368 units
c) increased by 132 units
d) decreased by 264 units

Answers

Answer:

a) increased by 368 units

Explanation:

The calculation of the next break even point should be

Existing  break-even point for Flying Cloud Co. is

= Fixed Cost ÷ Contribution Margin Per Unit

= Fixed Cost ÷ Sales Price Per Unit - Variable Cost per Unit

= $980,000 ÷ ( $350 - $100)

= 3,920 Units

Now

Revised Variable cost = $100 × 110%

= $110

And,  

Revised Fixed cost = $980,000  × 105%

= $1,029,000

So,

Revised  break-even point for Flying Cloud Co. is

= Fixed Cost  ÷ ( Contribution Margin Per Unit

= Fixed Cost  ÷ ( Sales Price Per Unit - Variable Cost per Unit

= $1,029,000  ÷ ( ( $350 -$110)

= 4,287.5

= 4,288 units

So,  

Increase = 4,288 Units - 3920 Units

= 368 Units Increase

Change Treaster in equilibrium Income Investment adultiplier =Y-S II 1-6 In au A the (ID Accure acanany Tax Increased by eas what will be the change in equilibrium Income if the slope of the saving function is 0.5 Initial equilibrium income was cu 1000 what will be the new squilibrium. & Incame after tax decrease Interprete your findings​

Answers

Answer:

실례합니다? 당신은 이것을 의미합니까?

Explanation:

균형에서 Treaster의 변화 소득 투자 성체 = YS II 1-6 In au A (ID Accure acanany Tax 증가 eas만큼 균형의 변화는 얼마입니까 저축 함수의 기울기가 0.5인 경우 소득 초기 균형 소득은 cu 1000 새로운 균형이 되십시오. & 세금 감면 후 소득 조사 결과 해석 ??

If you had to recommend one product, which product would you recommend they create? Underline or highlight your answer:
● Organic Bloom Shampoo.
● Moisturizing Black Soap Shampoo with Dandruff Control.
● Coconut Protein Shampoo and Conditioner.

Answers

Answer:

the second option

Explanation:

my dandruff is pretty bad

Moisturizing Black soap Shampoo with Black dandruffs Ultimate control is what I would seriously recommend. A lot of people are getting dandruffs and lices more nowadays, so the product would be very fitting for the demand.

Describe two distinct reasons why someone who has never used a drug in his or her life might refuse a test at work. Convert those reasons into well-founded ethical arguments.

Answers

Answer: See explanation

Explanation:

The two main reasons why someone who has never used a drug in his or her life might refuse a test at work are provided below:

1. If there's no health related reason for the employer to perform the test.

2. When there's no reason by the employee to believe that drug use is occurring.

It should be noted that an employee can refuse a testing unless testing is mandatory for the job or when there's reasonable suspicion. In a situation where there's suspicion, then ethically, the drug test is reasonable as an employee who uses drug can be less productive than others.

Based on this argument, the privacy of the employee should be respected. For example, in a scenario whereby an employer request for a urine sample of the employee, this is an invasion of privacy. Even if the worker took the substance tbe previous night, he or she didn't take it while at work and hence, that isn't the concern of the employer.

Also, there is an argument of freedom. As individuals, we have the right to pursue our own happiness. This is a legal argument.

Flag
Collective case studies are known as multiple-case studies, cross-case studies, comparative case studies and contrasting case studies. What is a cross-case study?

Answers

Answer:

Explanation:

Cross case studies involves the use to several individual case studies in other to support a scientific study or research with the aim of reaching a reasonable and acceptable conclusion which can be generalized and adopted for use in similar cases. Researchers usually employ the use of cross case case study in the formulation of new knowledge by collating several case studies based on the research scenario, then rigorous relationships are examined by comparing and contrasting features of the existing cases.

MC Qu. 150 Glaston Company manufactures... Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of units expected to be produced are 184,000 in October, 192,500 in November, and 189,000 in December. Glaston assigns variable overhead at a rate of $0.80 per unit of production. Fixed overhead equals $141,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October.

Answers

Answer:

$288,200

Explanation:

Computation for the total budgeted overhead that would appear on the factory overhead budget for month of October.

Using this formula

Total budgeted overhead=(Units expected to be produced*Variable overhead rate)+Fixed overhead

Let plug in the formula

Total budgeted overhead=(184,000 * $0.80) + $141,000

Total budgeted overhead=$147,200+$141,000

Total budgeted overhead = $288,200

Therefore the total budgeted overhead that would appear on the factory overhead budget for month of October is $288,200

________ controls cover security processes that are designed by strategic planners and implemented by the security administration of the organization. a. Operational b. Informational c. Technical d. Managerial

Answers

Answer:

d. Managerial

Explanation:

The managerial controls covers the process of the security that could be designed via strategic planners and the same should be implemented via the organization security administration

So as per the given situation, the option d is correct

And, the rest of the options are incorrect

The same should be relevant

Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending retained earnings to answer the rest of the questions.

Assets Liabilities
Beginning of Year: $29,000 $16,000
End of Year: $63,000 $29,000

Required:
a. What is the equity at the beginning of the year? 13000
b. What is the equity at the end of the year? 34000
c. If the company issues common stock of $5,500 and pay dividends of $36,700, how much is net income (loss)?

Answers

Answer:

a. $13,000

b. $34,000

c. $10,200

Explanation:

a. Calculation to determine the equity at the beginning of the year

Asset = Liabilities + Equity

$29000 = $16000 + Equity

Equity=$29,000-$16,000

Equity = $13,000

Therefore the equity at the beginning of the year is $13,000

b. Calculation to determine the equity at the end of the year

Asset = Liabilities + Equity

$63000 = $29000 + Equity

Equity = $63000-$29,000

Equity=$34,000

c. Calculation to determine how much is net income (loss)

Opening Equity + Issued common stock – dividend + Net income = Closing Equity

$13,000 + $36,700 - $5,500 + Net income = $34,000

$44,200+ Net income = $34,000

Net income=$44,200-$34,000

Net income=$10,200

Therefore the net income is $10,200

A _____________ strategy entails an organization developing a product and/or service that offers unique attributes that are valued by customers and that the customer perceives to be distinct from competitor offerings.

Answers

Answer: differentiation strategy

Explanation:

The differentiation strategy refers to the marketing strategy that is designed in order to distinguish the product and services of a company from other companies.

Product differentiation helps in the development of a strong value proposition which ensures that the product is attractive to the audience. The differentiation strategy ensures that the product is unique from others and this creates a competitive advantage.

Bramble Corp. is planning to sell 1200 boxes of ceramic tile, with production estimated at 1170 boxes during May. Each box of tile requires 44 pounds of clay mix and a 0.50 hour of direct labor. Clay mix costs $0.40 per pound and employees of the company are paid $10 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Bramble has 3200 pounds of clay mix in beginning inventory and wants to have 4100 pounds in ending inventory. What is the total amount to be budgeted for manufacturing overhead for the month

Answers

Answer: $6,435

Explanation:

Manufacturing overhead is applied at a rate of 110% of direct labor costs.

Direct labor costs:

= Budgeted number of boxes to be produced* number of direct labor hours required * employee salary per hour

= 1,170 * 0.50 * 10

= $5,850

Manufacturing overhead is 110% of this:

= 5,850 * 110/100

= $6,435

Pettygrove Company had 800,000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $4,000,000, and Retained Earnings is $1,200,000. The company issues a 2-for-1 stock split. The market price of the stock is $14. What is the balance in the Common Stock account after this issuance

Answers

Answer:

$8,000,000

Explanation:

Balance in the Common Stock account = Number of hare after split * Par value of share

Balance in the Common Stock account = 800,000 * 2 * $10/2

Balance in the Common Stock account = $8,000,000

So, the balance in the Common Stock account after share split will be $8,000,000.

Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $140,000, $240,000, and $54,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,000, machine hours 24,000, and number of inspections 1,200.

Required:
Compute the overhead rate for each activity.

Answers

Answer:

Machine setups= $70 per setup

Machining= $10 per machine hour

Inspection= $45 per inspection

Explanation:

To calculate the allocation rate for each activity, we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine setups= 140,000 / 2,000= $70 per setup

Machining= 240,000 / 24,000= $10 per machine hour

Inspection= 54,000 / 1,200= $45 per inspection

what is the purpose of the Statement of Understanding

Answers

Answer:

It ensures that when consumers sign the Medicare Advantage and/or Part D Enrollment Application, they are acknowledging their understanding that they are actually enrolling, in which plan they are enrolling, and standard disclosures.

Explanation:

Historical demand for a product is: DEMAND January 13 February 12 March 16 April 13 May 17 June 16 a. Using a weighted moving average with weights of 0.50 (June), 0.30 (May), and 0.20 (April), find the July forecast

Answers

Answer: 15.7 units

Explanation:

July forecast = (Weight of June * Demand in June) + (Weight of May * Demand in May) + (Weight of April * Demand in April)

= (0.5 * 16) + (0.3 * 17) + (0.2 * 13)

= 8 + 5.1 + 2.6

= 15.7 units

Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for the current year follows. ATVs sell for $4,000 each. Variable selling expenses are $230 per ATV. The remaining selling expenses are fixed. Administrative expenses are 70% variable and 30% fixed. The company does not manufacture its own ATVs; it purchases them from a supplier for $1,880 each.
POLARIX
Income Statement—Consumer ATV Department
For Year Ended December 31, 2017
Sales $619,200
Cost of goods sold 311,320
Gross margin 307,880
Operating expenses
Selling expenses $160,000
Administrative expenses 42,500 202,500
Net income $105,380
Required:
1. Prepare an income statement for this current year using the contribution margin format.
2. For each ATV sold during this year, what is the contribution toward covering fixed expenses and earning income?

Answers

what are you suppose to here ?

The Japanese economy has been experiencing slow growth. As a result the Prime Minister, who thinks John Maynard Keynes was the greatest economist ever, has decided to increase government spending. As head of the economic council the Prime Minister asks you to determine the size of the increase needed to bring the economy to full employment.
Assume there is a GDP gap of 1 billion yen and the marginal propensity to consume (MPC) is .60. What advise do you give the Prime Minister?
a. The recessionary gap is equal to 625 million yen.
b. The inflationary gap is equal to 1 billion yen divided by 2.5 or 0.4 billion yen.
c. The recessionary gap is equal to 1 billion yen divided by 2.5 or 0.4 billion yen.
d. The inflationary gap is equal to 1 billion yen divided by 1.66 or 0.625 billion yen.

Answers

Answer:

c. The recessionary gap is equal to 1 billion yen divided by 2.5 or 0.4 billion yen.

Explanation:

The computation is shown below:

The multiplier is

= 1 ÷ (1 - MPC)

= 1 ÷ (1 - 0.60)

= 2.5

Now the increase in government expenditure for closing out the recessionary gap should be

Change in income = change in government purchase × multiplier

100 = change in government purchase × 2.5

So, the change in government purchase should be

= 100 ÷2.5

= 40

Hence, the option c is correct

Coronado Industries can produce 100 units of a component part with the following costs: Direct Materials $24000 Direct Labor 8500 Variable Overhead 22000 Fixed Overhead 11000 If Coronado Industries can purchase the units externally for $60000, by what amount will its total costs change

Answers

Answer:

Increase of $5,500

Explanation:

The computation of the change in the total cost is given below:

Total cost at the time of producing is

= Direct material + direct labor + variable overhead

= $24,000 + $8,500 + $22,000

= $54,500

And, the cost of purchasing the unit is $60,000

So, there is an increase of

= $60,000 - $54,500

= $5,500

The same should be relevant

Country A has a GDP of $4,600 in Country A dollars, and Country B has a GDP of $2,400 in Country B dollars. If the exchange rate is 1.5 Country B dollars to 1 Country A dollar, what is Country B's GDP in Country A dollars

Answers

Answer: Country A $1,600

Explanation:

Country A's currency is stronger than Country B's which is why Country B needs more of its currency to buy a single unit of Currency A.

You can use direct proportion to find out Country B's GDP in Country A dollars

Country B currency to Country A

1.5       :   1

2,400 :   x

1.5x = 2,400

x = 2,400 / 1.5

= Country A $1,600

Your boss asked you to analyze Green Hamster Manufacturing's performance for the past three years and prepare a report that includes a benchmarking of the company's performance. Using the company's last three years of financial reports, you've calculated its financial ratios, including the ratios of Green Hamster Manufacturing's competition-that is, comparable ratios of other participants in the industry-and submitted the report.
Along with calculating the ratios, what else is needed for your report?
a. Making observations and identifying trends that are suggested by the ratio analysis
b. Identifying the factors that drive the trends in the ratios
c. Both of the above
Most decision makers and analysts use five groups of ratios to examine the different aspects of a company's performance. Indicate whether each of the following statements regarding financial ratios are true or false?
Statements
One possible explanation for an increase in a firm's profitability ratios over a certain time span is that the company's income has increased.
Market-value or market-based ratios help analysts figure out what investors and the markets think about the firm's growth prospects or current and future operational performance.
A company exhibiting a high liquidity ratio means it is likely to have enough resources to pay off its short-term obligations.
Debt or financial leverage ratios help analysts determine whether a company has sufficient cash to repay its short-term debt obligations.
Asset management or activity ratios provide insights into management's efficiency in using a firm's working capital and long- term assets.
Ratio analysis is an important component of evaluating company performance. It can provide great insights into how a company matches up against itself over time and against other players within the industry. However, like many tools and techniques, ratio analysis has a few limitations and weaknesses. Which of the following statements represent a weakness or limitation of ratio analysis?
A. A firm may operate in multiple industries.
B. A firm's financial statements show only one period of financial data.
C. Different firms may use different accounting practices.
Ratio analysis is an important component of evaluating company performance. It can provide great insights into how a company matches up against itself over time and against other players within the industry. However, like many tools and techniques, ratio analysis has a few limitations and weaknesses.

Answers

Answer:

1. c. Both of the above

2. a. False

b. True

c. True

d. False

e. True

f. True

3. c. Different firms may use different accounting practices.

Explanation:

Ratio Analysis is one of the method to evaluate a company performance. It helps to analyse a company performance based on different financial metrics. Profitability ratios help to understand company profits position and identify reason for their increase or decrease. Liquidity ratios help understand company's ability to payoff its short term debt obligations.

Champion Toys just purchased some MACRS 5-year property at a cost of $230,000. The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, 11.52 percent, and 5.76 percent for Years 1 to 6, respectively. Assuming the firm foregoes all bonus depreciation, the book value of the asset as of the end of Year 2 can be calculated as: _______________

a. $230,000(1 − .20 − .32).
b. $230,000([1 − (.20)(.32)].
c. $230,000(1 − .20)(1 − .32).
d. $230,000/(1 − .20 − .32).
e. $230,000(.20)(.32).

Answers

Answer: a. $230,000(1 − .20 − .32).

Explanation:

Using the MACRS convention, the depreciation in year 2 will be sum of the first and second year depreciation rates according to MACRS.

The value of the asset in year 2 can therefore be calculated as:

= Cost * ( 1 - sum of first and second year depreciation)

= 230,000 * (1 - (20% + 32%))

Which can be written as:

= 230,000 * (1 - 20% - 32%)

Value would therefore be:

=  230,000 * (1 - 20% - 32%)

= $110,400

Otobai Motor Company just paid a dividend of $1.40. Analysts expect its dividend to grow at a rate of 18 percent for the next three years and then a constant rate of 5 percent thereafter. What is the expected dividend per share at the end of year 5?
a. $2.35.
b. $2.54.
c. $2.91.
d. $1.50.

Answers

Answer:

b. $2.54.

Explanation:

The computation of the expected dividend per share at the end of year 5 is shown below:

= Dividend per share × (1 + growth rate)^number of years × (1 + growth rate)^remaining years left

= 1.40 × (1+18%)^3 × (1 + 5%)^2

= $2.54

hence, the expected dividend per share at the end of year 5 is $2.54

If demand is not uniform and constant, then stockout risks can be controlled by: increasing the EOQ. spreading annual demand over more frequent, but smaller, orders. raising the selling price to reduce demand. adding safety stock. reducing the reorder point.

Answers

Answer: Adding safety stock

Explanation:

A stockout is when the orders of the customer for a particular product is more than the amount of inventory that is kept on hand and this leads to lost sales, and a negative impact on the long-term relationship with the customer.

Since the demand is not uniform and constant, then stockout risks can be controlled by adding safety stock. The safety stock is asimply the additional quantity of an item which is held in the inventory in order to help to reduce stockout risk.

The biggest advantage of business blogs is that they Group of answer choices are the primary method of internal business communications. provide anytime access to digital audio and video files containing corporate training, marketing, and informational messages. have the potential to reach a vast, far-flung audience. can safeguard against hackers and rival companies.

Answers

Answer:

have the potential to reach a vast, far-flung audience

Explanation:

A business blog (b-blog) is the blog that could be published and it can be either involved the communication of the company done internally or the same should be posted at the internet

So the advantage of writing the business blogs is that it could be reached to the general audience at the fastest way so that everyone could be familiar with the performance and other things about the company

A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used.

Goods in process inventory:
Beginning balance $100,800
D.M.
D.L.
O.H. F.G.
Ending balance $131,040

Answers

Answer: $113,120

Explanation:

Direct material used = Total cost of manufacturing - Direct labor - Factory overhead

Total cost of manufacturing = Ending WIP + Cost of manufacturing - Beginning WIP

= 131,040 + 324,800 - 100,800

= $355,040

Direct labor = Factory overhead * 100/60

= 90,720 * 100/60

= $151,200

Direct materials used = 355,040 - 151,200 - 90,720

= $113,120

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period:

Office Expenses Total Allocation Basis
Salaries $30,000 Number of employees
Depreciation 20,500​ Cost of goods sold
Advertising 41,500​ Net sales

Item Drilling Grinding Total
Number of employees 1080​ 1620​ 2700​
Net sales $326,625​ $477,375​ $804,000​
Cost of goods sold $76,500​ $127,500​ $204,000​

The amount of the total office expenses that should be allocated to Grinding for the current period is : ____________

Answers

Answer:

Total allocated costs= $63,221.7

Explanation:

First, we need to calculate the allocation rates based on the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Salaries= 30,000/2,700= $11.11 per number of employees

Depreciation= 20,500​/204,000= $0.10 per cost of goods sold dollar

Advertising= 41,500/804,000= $0.052 per net sales dollar

Now, we can allocate costs to Grinding:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Salaries= 11.11*1,620= 17,998.2

Depreciation= 0.10*204,000= 20,400

Advertising= 0.052*477,375= 24,823.5

Total allocated costs= $63,221.7

Full service brokerage service includes: A. Origination, underwiritng, and sales B. Registration of securities, storage of securities, and execution of trades C. Execution of trades, investment advice, and margin credit D. Cash management service, private placements, and security distribution

Answers

Answer:

C. Execution of trades, investment advice, and margin credit

Explanation:

A full service brokerage firm provides different kind of services like trading, wealth management, etc. And, for giving these types of services it would charge to the clients on the commission basis. Also, it hels the clients via support them & facilitate them with respective to trading, buidling and managing the portfolios

Therefore, the option c is correct

Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (1,827 bars) are as follows: Ingredient Quantity Price Cocoa 600 lbs. $0.40 per lb. Sugar 180 lbs. $0.60 per lb. Milk 150 gal. $1.70 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent.

Answers

Answer:

Roanoke Company

The standard direct materials cost per bar of chocolate is:

= $0.33.

Explanation:

a) Data and Calculations:

A batch of chocolate = 1,827 bars

Standard Costs for a batch:

Ingredient   Quantity      Price

Cocoa          600 lbs.    $0.40 per lb.

Sugar            180 lbs.    $0.60 per lb.

Milk              150 gal.      $1.70 per gal.

Ingredient   Quantity      Price                 Total Cost

Cocoa          600 lbs.    $0.40 per lb.      $240.00 (600 * $0.40)

Sugar            180 lbs.    $0.60 per lb.         108.00 (180 * $0.60)

Milk              150 gal.      $1.70 per gal.     255.00 (150 * $1.70)

Total cost of batch of chocolate =         $603.00

Cost per bar = $0.33 ($603.00/1,827)

Senior managers are responsible for making specific plans to implement the strategy. The above statement is true or false. explained

Answers

Answer:

True

Explanation:

Typical Request and Response Messages
The purpose of many business messages is to make a request or to reply to previously received communication. Familiarize yourself with the organization of these messages so you can communicate your purpose and achieve a positive outcome.
Read the scenario:
The office manager asks you for advice on how to structure a request message with numerous questions.
What advice would you give?
A. Give an approximate date for the deadline in the body.
B. Place the deadline in the opening.
C. Set an end date to take action in the closing.
Read the following request message:
To: Customer Support
From: Helen Martin
Subject: Warranty Information for Netbook Computer
Dear Customer Service,
I need this information by noon tomorrow at the latest. My team has an important presentation to give, and my netbook crashed while we were working on the presentation. I can’t find the warranty information anywhere. So I have a few questions.
Where is my warranty information? How long does it normally take to repair these machines? Do I have to mail the netbook to you, or can I bring it to your local repair shop?
Will you please answer these questions in a timely manner? Thank you in advance for your help.
Regards,
Helen Martin
1. Where do I find my warranty information?
Reason A: 2. How long does the average netbook repair take?
3. Do I need to mail in my netbook for repairs or bring it to your local repair shop?
Revision B: Where is my warranty information? How long does the average repair take? Do I have to mail in my netbook?
Revision C:
Where do I find the information?
How long does it take?
Can I take it to my local shop?
Which of the preceding revisions is the best revision for the body of this message?
A. Revision B
B. Revision C
C. Revision A
In addition to making requests, you will have to respond to requests in the business world.
Complete the following sentence with the dropdown menu.
Direct response messages might _______?
A. include long, flowery descriptions
B. use the "me" view
C. supply explanations and additional information
Many businesses use social media to communicate with customers. In order to make the most of social media, you should learn how to respond to various types of customer comments.
Read the scenario, and then answer the question.
You manage the social media presence of a company that manufactures travel apparel and gear. A customer posts an angry comment about a suitcase that failed to function properly after its first use. This is not the first complaint the product has received.
How should you respond to the customer?
A. Acknowledge the problem, and let the customer know that the company is working to rectify the situation.
B. Document and delete the comment. You don’t want news of the flawed product to spread.
C. Let the comment stand. No response is necessary.

Answers

Answer:

B. Place the deadline in the opening.

A. Revision B

B. Use the "me" view

A. Acknowledge the problem, and let the customer know that the company is working to rectify the situation.

Explanation:

Customer service is the most difficult task. If a customer is angry because of mis functioning of a product then concerns should be heard with patience and the company staff should try to resolve these issues and satisfy customer properly. One angry customer may take away 100 potential customers of a business.

Other Questions
Find the value of x so that the ratios are equivalent. 9:x and 54:8 If e=9, find the value of 4e Which of the following transactions would decrease cash?A.Capital investment by the ownerB.Payments to creditorsC.Cash salesD.Payments received from debtors Why did Ancient Egyptians practice such different means of preserving the human body? A 2.6 kg mass attached to a light string rotates on a horizontal,frictionless table. The radius of the circle is 0.525 m, and thestring can support a mass of 17.9 kg before breaking. Theacceleration of gravity is 9.8m/s2. What maximum speed canthe mass have before the string breaks? Explain the differences between the average climates of Cape Town and Alicante scom according to researchers who studied nearly forty years of data, what is the best predictor of public fear of violent crime Factorize A) [tex]x^{2} -x-132[/tex]B) [tex]9t^{2} -u^{2}[/tex]C) [tex]4p^{2} -9[/tex]D)[tex]162-8t^{2}[/tex]E) [tex]p^{2} x-4q^{2} x[/tex] 261,256,251,...Find the 50th term.Find the 50th term. One pint of milk is about 560 ml. Rosa has 3.5 pints of milk. How many litres of milk does rosa have? Help pls which is the only kind of bird that has no eyeballs? Select one word that describes how the narrator feels and one word that describes how the creature feels. Then select one quotation that provides evidence for each description. Drag and drop the answers into the correct boxes. "They all withdrew a pace or so and bowed."( support )"A flow of disappointment rushed across my mind.""So I shook my head, and, pointing to my ears, shook it again." "Then I felt other soft little tentacles upon my back and shoulders.""He came straight up to me and laughed into my eyes."( feelings )terrifiedamusedsaddenedunconcernedweary( catagories )Narrator's feelingsSupport for Narrator's feelingsCreature's feelingsSupport for Creature's feelings How many time can 3/8 go into 12? Every day after school, Albert and his sister Valentina play their favorite video game, Wizarding Legends. The goal of the game is to earn power points by defeating goblins. There is a proportional relationship between the number of goblins defeated, x, and the number of power points earned, y. Ricardo wants to cover a shelf with shelfliner. The shelf is 4 feet wide and feetdeep. What is the area of the shelf? What are the total amount of choices possible if an individual is to create a 4 digit password using the digits 0 through 9 inclusive, but not using the digit 0 as the first character of the password? a. 39 b. 900 c. 399 d. 9000 Please select the best answer from the choices provided. A B C D. Why does the size of a white dwarf affect its visual luminosity? Select all equations that do NOT have a solution.A 8x + 4x = 0B 6x + 2 = 4x + 2 + 2xC 4x 8x 3 = 6 4xD 5x + 1 = 1 5xE 12x 3 5x = 9 + 7x 6 Question 25 of 55Compare 5 and - 8. Which of the following is true?O A. 15| > |-81 and 5 > -8B. 151 > T-81 and 5-8O D. 151 < |-81 and 5 >-8Plz answer it will be nice thanks The ABC Corporation has a long-standing policy of maintaining a dividend payout ratio of 45%. ABC's net income for the year is $12 million, and there are 8 million shares of common stock outstanding. After a 3:2 stock split, the annual dividend per share is