General Business Questions and Answers

Applying Derivatives?

A forest fire is burning in a dell. Officials estimate that if the fire burns for h hours, the cost of the lost timber is 1000h dollars. They estimate that x firefighters can stop the fire in (3600/x) hours. The cost for respectively firefighter is $20 (for transportation) plus $25 per hour (for salary, meal, and other overhead).

A. Let C be the cost of the fire (including the cost of the firefighters and the lost timber). C will depend on both h (how many hours the fire burns) and x (the number of firefighters sent to struggle it). Give a formula for C in jargon of x and h.

B. Give a formula that relates x and h.

C. How many firefighters should be used if the cost C of the fire is to be minimized? Justify your solution.


Answers: Lets relate it the other opening.. if you cut corners and minimize costs and a firefighter dies (realistic, and happens, cities that cut man on engines). How much with it cost for the replacement firefighter, the benefits for the lost one, state OSHA fines and penalty, increased stress and burn out, the legal fees, the unpromising press...

Too many intangables here, including the human condition..

Adding firefighters might decline time.. however there is a point of statis, a point of denial returns.. Not enough firefighters are inefficient, adequate are efficient (or at most minuscule more efficient) and too many could not singular be less restructured but downright dangerous.

Dealing beside customers?

What are the five key skills or merits in dealing effectively near customers. And what order of hurry would you list them surrounded by?


Answers: The skill to not take anything they right to be heard to you to heart. Some people are really rude and denote.

The skill to juggle ten requests at once and make it look graceful.

The ability not to find people by their appearance but by their whereabouts.( a good skill to hold in both retail and vivacity.)

The ability to be cooperative and kind to those who deserve and even those who don't.

The skill to make an irate customer surmise they're getting their ridiculous point across, while you're ignoring their ranting.
A smile on the salesperson frontage .
friendliness
help fullness
legal
and make the customer surface like they are special to the shop even if they buy something not expensive.
Approachfulness
Knowledge
Experience
Patience
Humour
*make'em figure out clearly and politely what rules you follow and how things work
*have sense of humour, at least don't look as serious as you are inside
*explain patiently when they're not sure
*try to be contained by their shoe, see from their point. Then make the right result fairly.
*do not incriminate them strongly if they're not right, just be cool and smile for a moment and just follow your right decree. Don't listen to them just cuz they look upset. you of late do what's right. Same as if they've been treated wrong do not abate to make it up >

whooop hope this clears up!
1. Listening to them intently
2. Responding beside patience, empathy, and apposite answers, willing to find out the answers if don't know them
3. Keep any promises you kind or alert customer if it is out of your control and apologize profusely
4. Respect the customer
5. Know your limitations and understand what the customer is looking for

Explain how markets function and discuss what can cause markets to fail.?




Answers: HMMM,let me see. I did my homework a long time ago, now its your turn to do yours.

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