A <u>customer </u>orientation refers to the process of determining the wants and needs of buyers and then providing goods and services to meet or exceed their expectations.
Customer orientation is a commercial enterprise approach that places the wishes of the client over the desires of the commercial enterprise.
Customer-oriented groups keep in mind that the enterprise won't thrive until it constantly improves customer recognition. it's a way of questioning that aligns your commercial enterprise dreams along with your client's goals.
The purchaser marketplace consists of all of the individuals or households that need goods and services for private consumption or use and features the assets to shop for them.
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Marginal benefit is the extra satisfaction or recieved when one consumes an addition unit of a good or a service. Therefore the amount a person or an individual is willing to pay so as to enjoy the additional unit of a good or a service is the person's marginal benefit. Therefore, marginal benefit is not the benefit a person's activity provides another person.
Answer:
5.52%
Explanation:
Cost of Furniture= $150,000
discount= 5.25% (120-day note)
To get the exporter's true effective annual financing cost, we have:
![150,000*[1-(0.0525*120/360)] = 147,375](https://tex.z-dn.net/?f=%20150%2C000%2A%5B1-%280.0525%2A120%2F360%29%5D%20%3D%20147%2C375%20)
=(150,000/147,375) 365/120-1 = 5.52%
Therefore, the exporter's true effective annual financing cost is 5.52%
Answer:
$88,500
Explanation:
The computation of the amount of cash reported in the balance sheet is shown below:
= Check book balance + check not included - NSF check + coin & currency on hand
= $84,800 + $1,750 - $3,730 + $5,680
= $88,500
We simply applied the above formula so that the correct amount of cash could arrive that is to be reported in the balance sheet
Typically, a business plan would follow the same format as a thesis or a research paper. You will start with the introduction, the body, and the conclusion, then fill them up with subheadings. So the introduction and overview portion of your business plan will be written before anything else. The introduction or overview of a business plan is usually the industry overview or the background. This will give an idea first of the industry that you want to enter and how your business fits in.
