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VladimirAG [237]
1 year ago
15

What problems might face a company that focuses mainly on its most profitable customers?

Business
1 answer:
Murrr4er [49]1 year ago
3 0

Although the customer is unquestionably the cornerstone to a successful organization, client centricity has several drawbacks, ranging from financial to innovation-related areas.

The drawabacks can be listed as:

  • <u>Budget-Cost</u>

Businesses create customer-focused policies in an effort to impress and keep consumers, but doing so can be expensive and may not be financially prudent.

  • <u>Not every customer is equivalent!</u>

Although the customer is always right, not all customers are suitable for your company. So, building just a customer based approach can harm your business.

  • <u>Customers are unsure too!</u>

Many marketers feel that if a company is consumer-focused, it will learn what the clientele truly desires and prosper.

While it's crucial for businesses to pay attention to their customers, they also need to know when to shift their attention away from them.

  • <u>Love the Customer, but Don't Expect Love in Return</u>

According to conventional knowledge, clients are more loyal to companies that go above and beyond their expectations; nonetheless, your customers may betray you in order to get the cheap, satisfying solutions they actually desire.

To know more about the topic, refer to:

brainly.com/question/20935329

#SPJ4

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Sparty Corporation has provided the following information for its most recent year of operation:
Wewaii [24]

Answer:

E. $40,600

Explanation:

Calculation for the amount of net income reported on Sparty's income statement

Revenue $97,000

Less: Operating Expenses $39,000

Profit Before Tax $58,000

(97,000-39,000)

Less Taxes $17,400

Net Income $40,600

($58,000-$17,400)

Therefore the amount of net income reported on Sparty's income statement will be $40,600

7 0
3 years ago
Inventory shrinkage as a result of theft, damage or obsolescence that is discovered during a physical inventory count at the end
san4es73 [151]

Inventory depreciation due to theft, damage or obsolescence discovered during the physical count of inventory at the end of the accounting period is recorded with a decrease in inventory only in the perpetual system.

Depreciation Inventory is defined as the difference between the amount of inventory listed on the books and the actual inventory that is physically present; Such depreciation usually occurs due to theft, damage, or miscalculation.

If you own your own retail business, you may face theft, shoplifting, or other forms of fraud, leading to unexpected inventory losses. Loss of inventory is a huge problem for any business that carries physical goods. Without control and monitoring, there is no way to track down the root cause of inventory shrinkage in your business.

You can learn more about Depreciation Inventory here brainly.com/question/28205327

#SPJ4

8 0
1 year ago
Fuzz Inc., a well-known soft drink manufacturing company, introduces a new drink into the market, to make up for the company's p
mars1129 [50]

Answer:

C.

Explanation:

Organizational effectiveness happen when an association is able to meet its objectives and achieve the outcomes the organization intends to produce. This means an organization that produces a desired effect or an organization that is productive without waste.

Is critical to success in any economy. In order to achieve increased and sustainable business results, organizations needs to execute strategy and engage employees.

Is about each individual doing everything they know to do and doing it well. in other words organizational effectiveness is the capacity of an organization to produce the desired results with a minimum expenditure of energy, time, money and human and material resources.

8 0
4 years ago
When someone in a company steals money from sales before the money is reported, what type of crime is it
Luden [163]

I think the answer would be B


correct me if i am wrong

8 0
3 years ago
Read 2 more answers
Describe how surveillance of our telephones has changed over the years. explain what is different about how silicon valley compa
katrin2010 [14]

Answer:

All communication way back used to be wiretapped, but now companies have been able to encrypt their data for protection of their information against wiretapping.

Companies like silicon valley has taken the bold step in securing their data from been hacked.

The back door is risky because if a person or people exposes their information to others, their information will be at risk because of hackers who might exploit their privacy or sensitive documents.

Finally, the idea of devices to be wiretapped is not a good idea, because most people want heir privacy, for this it is termed illegal to access one's privacy without the authorization from the person.

Explanation:

Solution

Before now all communication used to be wiretapped. presently, companies are encrypting data , for the purpose of this data to not be easily wiretapped.

Silicon valley companies have secured their devices through encryption unlike other companies. what this implies is that it will be tough for police to arrest criminals, but the normal or average people will have capacity to communicate or interact much better.

The back door method is risky because, presently in today's world there are people that are specialist in hacking, so if no backdoor exist, then there will be no room for anyone to hack into someone's phone.

It is considered a risk if your phone is exposed to others to easily access your private information.

I don't like the idea for devices should be wiretapped, this is because people need their privacy, they can't have that when their phones are wiretapped.

In general it is illegal and not right.

6 0
3 years ago
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