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1 year ago

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

1 answer:

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:

Budget-Cost

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.

Not every customer is equivalent!

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.

Customers are unsure too!

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.

Love the Customer, but Don't Expect Love in Return

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

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As part of the initial investment, Jackson contributes accounts receivable that had a balance of $35,017 in the accounts of a so

Arlecino [84]

Answer: $33788

Explanation:

From the question, we are told that as part of the initial investment, Jackson contributes accounts receivable that had a balance of $35,017 in the accounts of a sole proprietorship and of this amount, $1,229 is deemed completely worthless.

The amount that will be debited to the accounts receivable for the new partnership will be the difference between the balance of $35017 and the $1229 that is seen as been worthless.

= $35017 - $1229

= $33788

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3 years ago

Membership in the Knights of Labor was:

Flura [38]

Option C

Membership in the Knights of Labor was: open to all working people, including employers.

Explanation:

The Knights of Labor was a particularly growing team and the primary leading national labor party in the United States. Most of the utmost earlier associations restrained membership to proficient workers those with specific practice in a craft and white fellows. It dawned as a covert group proposed to defend its members from employer retaliations.

Emigrants, African Americans, and gentlewomen were also esteemed as members. the Knights of Labor gained patron amidst coal excavators in Pennsylvania, and with railroad operators By 1886, the Knights pretended more than 700,000 members everywhere.

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3 years ago

If a company that is in a 35 % tax bracket invests in assets that increase its depreciation expense by $ 562 per year, its chang

jasenka [17]

Answer:

increase of 196.70 dollars

Explanation:

While the depreciation expense will not generate a cash outflow or inflow, the expense will impact the net income which determinates the incoem tax payable.

This change in the net income and therefore, the income tax will also change the cahsflow:

depreciation ( 1 - t ) = tax-shield

562 x 35% = 196.70

The increase in depreciation provides a 196.70 dollars tax shield which increases the cash flow generate for the year.

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3 years ago

Tommy is from a small town and quit high school to get married. He and his wife have five kids, and his wife stays home with the

mario62 [17]

Answer: d. Cross train the employees in the meat department, so beef cutters can learn how to cut pork and vice versa.

Explanation:

Since the quality of Tommy’s work has not suffered, but the store managers can tell that he is getting bored, the thing that could be done to keep him better engaged is to cross train the employees in the meat department, so beef cutters can learn how to cut pork and vice versa. Cross training helps the workers in the company appreciate the workers of others in other department and shows workers flexibility.

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2 years ago

All of the following are true statements about the relationship of education employment except:

vovangra [49]

A. "there is not a relationship between education and employment", is false

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3 years ago