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Paraphin [41]
1 year ago
13

carmax has developed an organization focused on delivering value to its customers. what were the drawbacks of the way carmax was

originally delivering products and services?
Business
1 answer:
Vika [28.1K]1 year ago
5 0

The drawbacks of the method adopted by CarMax were related to target markets and their Core values, market competencies, idea of Test drives before purchase of product, emergence of competitive companies with their Competitive products and development of a sustainable competitive edge.

CarMax is a vehicle retailer organization situated in US. It provides less expensive cars to customers mainly due to the large inventory that it owns. It provides the option of test driving of car before actually selling it. One of the major weaknesses of the CarMax was it outdated inventory management system. Some customers were even not satisfied with their car selling policies. The disruption in emerging technologies and Changing consumer behavior with huge variety of vehicles also posed certain challenges to the delivery services of CarMax.

Learn more about CarMax at:

brainly.com/question/16782872

#SPJ4

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How did capitalism fuel industrialization?
Katena32 [7]
<u><em>Capitalists want to make money . . . the best way to do that is to make businesses/production more profitable by increasing production to a large scale (i.e. industrialization)</em></u>
4 0
3 years ago
You are making a $120,000 investment and feel that a 15% rate of return is reasonable, given the nature of the risks involved. Y
Nana76 [90]

Answer:

$5,681.08

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator

Cash flow in year 0 = $-120,000 

Cash flow in year 1 = $48,000

Cash flow in year 2 = $54,000

Cash flow in year 3 = $76,000

Cash flow in year 4 = $-12,000

I = 15%

NPV = $5,681.08

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
A consumer's goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. This is
marissa [1.9K]
I'm thinking B. But I'm not sure
4 0
3 years ago
Read 2 more answers
Why do many companies find that providing employees a comprehensive benefits package that includes insurance, retirement investm
mash [69]

Answer: Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees

Explanation:

Several companies find that providing theye workers a comprehensive benefits package which consist ofinsurance, retirement investment and other benefits is worth the cost associated because it helps them retain and also attract their best staffs.

When employees are given the required support needed and given work related benefits, this is usually source of motivation to the employees and can help bring out the best in them.

8 0
2 years ago
Slinky Company purchased merchandise on June 10, 2021, at a price of $26,000, subject to credit terms of 4/10, n/30. Slinky uses
vampirchik [111]

Answer:

The answer is given below;

Explanation:

June 10.

Inventory    (26,000*.96)                Dr.$24,960

Accounts Payable                                                   Cr.$24,960

2.If payment is made on June 18,2021

Accounts Payable           Dr.$24,960

 Bank                                Cr.$24,960

3. If payment is made on July 8,2021

    Inventory  (26,000-24,960) Dr.$1,040

   Accounts Payable                  Cr.$1,040

    Accounts Payable (1,040+24,960) Dr.$26,000

    Bank                                                 Cr.$26,000

As the credit period of 10 days  for discount was not availed, therefore full amount payment will be made.

4 0
3 years ago
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