Answer:
Satisfied and Loyal customers help in the profitability and growth of an organization.
Explanation:
When a company produces a product, they put their best in the design, process, manufacturing and dispatching of the product, so that their target customers use this product and gets satisfied. When consumers get the product of exactly their needs, they try to buy it again and again and becomes the loyal customers of that specific company. Such customers are the permanent customers of that organization and they are ready to pay for the product, thus helps in the profitability of the organization. Also when they talk about the product to other people, they become the marketing agents of the company, thus helping the company to grow. In this way, satisfied and loyal customers help in the profitability and growth of an organization.
Answer:
$18,750
Explanation:
Present value (PV): $12,000
Tenor: 3 years
Future value (FV): $15,700
We have the formula:
FV = PV*(1+ annual rate) ^ number of year
15,700 = 12,000 * (1 + rate) ^3
-> Rate = (15,000/12,000)^(1/3) – 1 = 7.722%
If Sam invest in 6 year, the amount he expect to have is the future value in below calculation:
FV = 12,000 * (1+ 7.722%)^6 = 18,750
An organization have to have business research, data collection and data <span>interpretation capabilities.
</span>Research on historical data and forecasts of a similar company and forecasts of the product market or the industry where in the expected sales or demand of the same product is provided and the <span>previous sales of the product is provided would be useful.</span>
Answer:
Which of the following is NOT a step in the strategic planning process?
E) evaluating all members of the value chain
Explanation:
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy
Answer:
When marginal cost meet with the demand curve
Explanation:
<em>The industry will do the most efficient allocation of resources when the marignal cost met the demand curve. </em>
When that occur the cost of producing an additional unit matches the amount the consumers are willing to pay for it thus, are in equilibrium.
The government will also have to look for the marginal revenue at this point to determinate wheter or not to subsidize the monopoly or not to avoid going bankruptcy
