The <u>Service-Profit Chain model </u>is based on a set of cause-and-effect linkages between internal and external performance, and in this fashion, defines the key performance measurements on which service-based firms should focus.
<h3>What is Service-Profit Chain Model?</h3>
This refers to a business model which was developed in Havard to determine the best method of operation that service-oriented firms should adopt. It shows the interrelationship between
- profitability,
- the loyalty of customers,
- productivity, and
- customer satisfaction,
which are all parts of a business that are necessary for growth and performance.
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brainly.com/question/24673911
Answer:
Trade fixtures
Explanation:
Trade fixtures are pieces of removable personal property that a tenant attaches to a leased building or land in order to enable the tenant conduct business.
An example of a trade fixture is a display counter within a tenant's store. Upon expiration of the tenancy or lease, the tenant will take with him the display counter.
Answer:
Total cash disbursement= $262,000
Explanation:
Giving the following information:
Purchases:
January= $200,000
February= $220,000
March= $290,000
Cash payments are 60% in the month of purchase and 40% in the following month.
<u>Cash disbursement March.</u>
Purchase on cash March= 290,000*0.6= 174,000
Purchase on account from February= 220,000*0.4= 88,000
Total cash disbursement= $262,000
Answer:
Estimated balance of Doubtful Account after adjusting entry = $4,200
Explanation:
Given:
The credit balance of Doubtful Account = $500
Computation of estimated balance of Doubtful Account after adjusting entry:
Estimated balance of Doubtful Account after adjusting entry = 7% of $60,000
Estimated balance of Doubtful Account after adjusting entry = $4,200
After adjusting entry , Total amount credited in Allowance for Doubtful Accounts is $4,200
Answer:
efficiently, effectively
Explanation:
Management can be regarded as coordination as well as administration of set and various tasks within an organization so that some set goals cn be achieved. Some of the administration activities to reach these goal could be putting up a strategy
as well as coordination of the efforts of employees as well as utilization of available resources.
It should be noted that Management is a process designed to achieve an organization's objectives by using its resources efficiently (accomplishing the objectives with a minimum of resources) and effectively
(having the intended result).
