A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Feature fatigue.
<h3>
What is Feature fatigue?</h3>
- Consumers have a propensity to steer clear of products that seem to be feature-rich due to feature fatigue.
- It is a phenomenon of the modern-day brought about by the increase in the number of features included in goods and services.
- The issue is that adding functionality makes goods more challenging to utilize. Even when the additional features don't completely expand the usefulness (like phones that double as cameras), the complexity they add to the current task can be mind-boggling.
- To prevent feature fatigue, focus on usability rather than utility. Display specific characteristics as appropriate. Keep to your initial product vision. Turn on features for those consumers who specifically require them.
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Answer:
The correct answer is 26.05%.
Explanation:
According to the scenario, the given data are as follows:
Beginning Assets = 12,888 ( million)
Ending Assets = 13,099 (million)
Operating profit = 3,385 (million)
So, Average Assets for the year = (12,888 + 13,099) ÷ 2 = 12,993.5 (million)
So, we can calculate the return on investment by using following formula:
Return on investment = Operating profit ÷ Average assets for the year
By putting the value, we get
Return on investment = 3,385 ÷ 12,993.5 (million)
= 0.2605 or 26.05%
Answer:
(C) $745
Explanation:
The computation is given below:
For computing the bad debt expense, first we have to determine the ending account receivable balance which is shown below:
Ending account receivable balance = Beginning account receivable + credit sales - collections -
written off amount
= $20,000 + $70,000 - $74,700 - $400
= $15,300
So, the bad debt expense is
= Ending account receivable × given percentage
= $15,300 × 5%
= $745
Answer:
Quality control
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control.
2. DMADV: define, measure, analyze, design and verify.
Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.
Its the study of formal validity without a focus on everyday usages of critical thinking
