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Hitman42 [59]
2 years ago
13

Using data to understand customers/clients and business operations to sustain and foster growth and profitability is.

Business
1 answer:
luda_lava [24]2 years ago
8 0

Using data to understand customers/clients and business operations to sustain and foster growth and profitability is an increasingly challenging task for today's enterprises.

<h3>Who are customers?</h3>
  • In sales, trade, and economics, a customer is the person who receives an item, service, product, or idea from a seller, vendor, or supplier in exchange for money or another useful consideration.
  • A customer is also referred to as a client, buyer, or purchaser.
  • The word "client" comes from the Latin word "clientus," which means "to incline" or "to bend." It is related to the sentimental concept of closure.
  • It is generally accepted that people only alter their routines when driven by fear and greed.
<h3>What is Client profitability?</h3>
  • Client profitability (CP) is the profit an organization generates from serving a particular customer or set of customers over an extended period of time; particularly, it is the difference between revenues generated by the connection with the customer and the costs incurred during that time.
  • A profitable customer, in the words of Philip Kotler, is "a person, household, or business that over time, provides a revenue stream that exceeds the company's cost stream of attracting, marketing, and servicing the customer by an acceptable amount."

Learn more about customers here:

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A one-brand-name strategy should be adopted when the name cannot be pronounced in the local language, when the brand name is own
marishachu [46]

Answer:

False

Explanation:

A brand is a name, term, design, symbol or any other feature that identifies one seller's good or service as distinct from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and store value as brand equity for the object identified, to the benefit of the brand's customers, its owners and shareholders. Name brands are sometimes distinguished from generic or store brands.

4 0
3 years ago
What is a common workflow error that can cause duplicate expenses in QuickBooks Online?
kow [346]

Answer:

A common workflow error that can cause duplicate expenses in QuickBooks Online is:

Duplicating any transaction.

Explanation:

The reason behind this is that duplicating transactions is very common because it might originate before the accounting process is made. It can be executed by any manager or someone in the resources acquisitions department. That is why the books have to be reviewed at two different moments from two different departments. Accounting first and then finance. To check that everything is correct.  

5 0
3 years ago
The Law of Demand is one of the most famous laws in economics. It states that when the price of a good rises, the quantity deman
Zina [86]
First blank is rises, the second is falls.
8 0
3 years ago
Read 2 more answers
Suppose that a particular artillery piece has a range r = 4000 yards . find its range in miles. use the facts that 1mile=5280ft
Nady [450]

Any single quantity in the world can be interpreted in better than one way.  Unit conversion is a method by that we can go back and forth between various units.

<h3> Unit conversion </h3>

Given:

R=9,350 ydR=9,350 yd is the range in yards

Since we want the content in miles here, we will be utilizing the conversion factor:

1 mi=528 ft1 mi=528 ft

3 ft=1 yd3 ft=1 yd

So to do a unit conversion process, we say these conversion factors as a particle that equals 11.  We describe this concept in this precise conversion:

R=9,350 yd(3 ft1 yd)(1 mi528 ft)R=9,350 yd(3 ft1 yd)(1 mi528 ft)

We set up our conversion factors here as particles that equal 11. We set the units up in such a way that they can balance each other out:

We will thus get:

R=53.125 mi

To learn more about the  Unit conversion visit the link

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7 0
2 years ago
Question 5(Multiple Choice Worth 4 points)
d1i1m1o1n [39]

The function of money known as "Medium of exchange" describes a money use in the buying & selling of goods and services.

<h3>What is Money as Medium of exchange?</h3>

Money serves as a medium of exchange because it is use as intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.

In today world , the medium of exchange is money and it is used in the buying & selling of goods and services.

Therefore, the Option C is correct.

Read more about medium of exchange

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4 0
1 year ago
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