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3 years ago

Most service-quality experts say that _______ is the most critical element in building a customer-oriented company.

1 answer:

4 0

Most service-quality experts say that hiring is the most critical element in building a customer-oriented company. Acquiring, developing, and retaining the right talent helps business create the organizational capability (ability of the organization) and intellectual capital driving their strategy execution.

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In the context of Internet marketing, a _____ is a carefully selected group of consumers who agree to participate in an ongoing

Iteru [2.4K]

Answer: web community

Explanation:

Web community is also called an internet community, it is a virtual community whose members interact with each other primarily through the Internet.

7 0

3 years ago

Locus Company has total fixed costs of $118,000. Its product sells for $55 per unit and variable costs amount to $39 per unit. N

Dmitriy789 [7]

Answer:

8,850 units

Explanation:

We know that

Net income = Unit sales × (Selling price per unit - variable cost per unit) - Fixed cost

$23,600 = Unit sales × ($55 - $39) - $118,000

$23,600 = Unit sales × $16 - $118,000

$23,600 +$118,000 = $16 unit sales

So, unit sales = 8,850 units

The net income is computed below:

= Given percentage × Total fixed cost

= 20% × $118,000

= $23,600

6 0

2 years ago

Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1

topjm [15]

Answer:

Following are the journal entries for Setterstrom Company;

May 01

Debit: Petty cash = $100.00

Credit: Cash = $100.00

Jun 01

Debit: Delivery Expense = $31.25

Debit: Postage Expense = $39.00

Debit: Miscellaneous Expense = $25.00

Debit: Cash over/short (Balance amount) = $3.00

Credit: Petty Cash ($100 - $1.75) = $98.25

Jul 01

Debit: Delivery expense = $21.00

Debit: Entertainment expense = $51.00

Debit: Miscellaneous expense = $24.75

Credit: Petty Cash ($100 - $3.25) = $96.75

Jul 10

Debit: Petty cash = $30.00

Credit: Cash = $30.00

8 0

3 years ago

You are the newly appointed sales manager of the Rock Record Company and have been charged with the task of increasing revenues.

mote1985 [20]

Answer:

Increase price.

Explanation:

Price elasticity is the degree of responsiveness of quantity demanded to changes in price. Ideally as price increases quantity demanded reduces. When prices reduce quantity demanded increases.

As a new manager of Rock Record company, if the economics consultants inform you the price elasticity is less than one it means quantity does not change with increase in price.

So price can be increased without a corresponding decrease in price. The goal of higher revenue can be achieved by increasing the product price.

6 0

2 years ago

Read 2 more answers

Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant m

gavmur [86]

Answer:

Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant management fields. Because he possesses these technical skills, Edgar can be considered an Management by objectives (MBO)

Explanation:

Management by Objectives (MBO) has to do with management of organization in terms of their goals and ensure maximum performance is recorded. Edgar used MBO as a result helps the restaurant to harness their resources and manage it efficiently.

8 0

3 years ago