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1 year ago

The key to managing relationships to achieve customer success is __________________?

1 answer:

4 0

The key to managing relationships to achieve customer success is to coordinate your unique talents with the success criteria of your clients.

<h3>What is customer success?</h3>

Customer Success is a long-term, professionally managed, scientifically developed business strategy for increasing customer and business sustainable demonstrated profitability.

A solution to the fundamental problems of customer portfolio development, retention, and expansion is what the developing role is all about. Customer Success is actually the merging of the roles and responsibilities of marketing, sales, professional services, training, and support into a new career. An in-depth understanding of the clients, practical skills in the product being sold, and broad domain knowledge are the three fundamental components of this rising profession.

Sustainable business profitability and growth are the ultimate strategic objectives of the Customer Success function. Making your clients as profitable and productive as you can is the strategy.

Thus, Option c) To align your distinctive competencies with customers' success factors is the correct answer.

For more information on Customer Success, refer to the given link:

brainly.com/question/28218612

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Which type of decision maker over-analyzes a given piece of information?

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B...................

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3 years ago

Read 2 more answers

On February 1, 2021, Sanger Corp. lends cash and accepts a $2,000 note receivable that offers 10% interest and is due in six mon

Nataliya [291]

Answer:

The closest answer is C. Cash 2,100 Interest Revenue 100 Notes Receivable 2,000.

Explanation:

The option C above is the closest because Sanger Corp. applies the accrual method of accounting, that was why a note receivable was established. The appropriate journals are:

Debit Cash $2,100

Credit Note receivable $2,000

Credit Interest receivable $100

(Recognition of payment of note receivable with interest)

Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the notes is calculated as: Principal x Interest Rate x Time

In this case, the interest revenue is $2,000 x 10%/12 x 6 months = $100.

Note that Sanger Corp. would have been recognizing the interest revenue on a monthly basis and not recognize the whole interest revenue when it became payable. Monthly interest revenue recognition would be:

Debit Interest receivable $16.67

Credit Interest revenue $16.67

(Monthly interest revenue recognition on note)

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3 years ago

When the economy is hit with a supply shock, such as oil prices rising from $25 a barrel to $75 a barrel, why is this doubly dis

Pachacha [2.7K]

When the economy is hit with a supply shock, especially if it is something as important as the oil, and its price doubles or triples, than the whole economy will suffer.

The reason for that is that the oil (since we took it as example) is not influencing only the people and the companies that use as fuel, but it affects the prices of pretty much all products. Such an increase in the price will result in much bigger expenditure by the production facilities. The transportation companies will also have much increased expenses. And that will result in a much increased price in most of the products. That will hit the people very hard on their pockets, as they will come in a situation where their wages are the same as they were, but the prices of everything went significantly up in no time.

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2 years ago

Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,5

sammy [17]

Answer:

Estimated Over head applied = ($112500 / $125000) *100 = 90% of Direct labor cost.

Thus, Actual Over Head applied = 90% of $120000 = $108000

Moreover, Actual Over Head incurred = $107400

Therefore, Overhead Over-applied is to be applied as the Actual Overhead applied is higher than the Actual Overhead Incurred

Overhead Over-applied = $108000 - $107400

Overhead Over-applied = $600

The entry to close the over-applied overhead at year-end would include:

i. Over-head A/c will be debited for $600

ii. Cost of goods sold will to be credited for $600

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2 years ago

Statement Single-price Monopoly Perfect Price Discrimination Total surplus is not maximized. There is no deadweight loss associa

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Answer:

Under Single Price Monopoly, absolute surplus is not maximized.

The profit-maximizing efficiency in Perfect Price Discrimination is correlated with no extra weight loss

Barefeet generates quantity less than the productive quantity of boots in single-price Monopoly.

Explanation:

A single-price monopoly is a corporation, who must sell every unit of its production to all its consumers for the same rate. so there is no way to maximize surplus.

A price-discriminating monopoly is a corporation able to sell various units of a product or service at various price points. Therefore, by adjusting their prices they have opportunities to increase their income.

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3 years ago