Java Joe Operates a Chain of Coffee Shops

question 24

Multiple Choice

Java Joe operates a chain of coffee shops.The company pays rent of $20,000 per year for each shop.Supplies (napkins,bags,and condiments) are purchased as needed.The manager of each shop is paid a salary of $3,000 per month,and all other employees are paid on an hourly basis.Relative to the number of customers for a shop,the cost of supplies is which kind of cost?

• A) Fixed cost
• B) Variable cost
• C) Mixed cost
• D) Relevant cost

Identify and describe effective techniques for professional communication, including voice mail and phone screening.

Explain the role of nonverbal communication in conveying messages and its various forms.

Discuss the adaptation as a crucial element of professional communication.

Understand the importance and techniques of taking minutes during meetings.

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Definitions:

Limited Partnership

A partnership structure where some partners contribute capital and enjoy profits without managing the business, hence have limited liability.

Sole General Partner

is an individual or entity that is the only general partner in a partnership, responsible for the management of the partnership and personally liable for its debts.

Limited Partnership

A form of business partnership where there is at least one general partner liable for the debts of the business and one or more limited partners whose liability is limited to their investment.

Corporation

A legal entity that is separate and distinct from its owners, established to conduct business or engage in activities, with the ability to own assets, incur liabilities, and sell shares.