1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nirvana33 [79]
3 years ago
10

A _____ orientation explicitly invokes the concept of value such as when a firm uses a no-haggle pricing structure to make the p

urchase process simpler and easier.
Business
1 answer:
PolarNik [594]3 years ago
5 0

Answer:

Customer orientation

Explanation:

Customer orientation is described as a strategy to revenues and customer relationships in which employees focus on developing customers encounter their brief-term needs and desires. Here, management and staff align their physical and technical goals with customer satisfaction and retention.

Customer orientation is crucial to the gratification of a customer. Analysis into customer needs and satisfaction can improve your organization's customer orientation.

You might be interested in
Petro Roos is thinking of purchasing the business premises rather than renting it. Provide Two separate advantages and two separ
lilavasa [31]

Answer:

Advantages of buying business premises

There are considerable advantages to securing a mortgage to buy business premises, including:

  1. your mortgage repayment is likely to be similar to or less than a rental payment on the same property
  2. with a fixed rate mortgage, your monthly repayments will be predictable
  3. you aren't exposed to any sudden, large rent increases
  4. you may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra income
  5. interest payments on a commercial mortgage are tax-deductible
  6. any gain in value of the property will increase your capital
  7. as your business grows, you may be able to extend your existing premises, avoiding relocation costs
  8. you have control over what alterations you want to make to your office space

Disadvantages of buying business premises

The disadvantages of buying business premises include the following:

  1. Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.
  2. If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.
  3. If you have a variable rate mortgage, you are exposed to increases in interest rates.
  4. Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.
  5. Repaying a commercial mortgage
  6. Commercial mortgage fees and costs
  7. Book traversal links for Advantages and disadvantages of buying business premises

Explanation:

4 0
3 years ago
If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of
Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

5 0
3 years ago
On April 1, 2016, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:A.
kompoz [17]

Answer:

The  solution and the calculation is shown on the first , second , third and  fourth uploaded image  

Explanation:

6 0
3 years ago
Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue $ 330,000 Income tax expe
dalvyx [7]

Answer:

The preparation of the multiple-step income statement is presented below:

Explanation:

The preparation of the multiple-step income statement is presented below:

                                        Beasley, Inc

                     Multiple-step income statement

                            December 31, 2021

Sales revenue                 $330,000

Less: Cost of goods sold  -$129,000

Gross profit                      $201,000

Less: Operating expenses

Salaries expense $38,000

Advertising expense $21,000

Utilities expense $43,000

Total operating expenses -$102,000

Operating income             $99,000

Non operating income or others

Less: Interest expense          $10,000

Total non operating income $10,000

Income before taxes         $89,000

Less: income tax expense -$35,000

Net income                           $54,000

3 0
3 years ago
The catering manager of lavista​ hotel, lisa​ ferguson, is disturbed by the amount of silverware she is losing every week. last
Finger [1]

Answer:

A.16,971 pieces

B.$530.34

C.$530.32

Explanation:

a)

EOQ = √2∗A∗B÷C

EOQ = Economic Order Quantity

A = Annual Demand

B = Buying Cost

C = Carrying Cost per unit per year

Hence:

A = 45,000 pieces

B = $200 per order

C = $1.25 * 5% per unit per year

= $0.0625

EOQ = √2∗45,000∗$200 ÷ $0.0625

= 16,970.56 approximately 16,971 pieces

b)

Annual Holding Cost = Average Inventory * Holding Cost per unit per year

Average Inventory = EOQ÷2

Using the formula

Annual Holding Cost = 16,971 ÷2 ∗$0.0625

Annual Holding Cost =8,485.5×$0.0625

Annual Holding Cost = $530.34

c)

Annual Ordering Cost = Ordering Cost Per order * No. of Orders

No. of Orders = Annual Demand÷EOQ

Annual Ordering Cost = $200∗45,000÷ 16,971

Annual Ordering Cost =$9,000,000÷16,971

Annual Ordering Cost = $530.32

4 0
3 years ago
Other questions:
  • The two-step process of reporting includes
    5·1 answer
  • Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t
    14·1 answer
  • Kushman Industries has $40,000 of ending finished goods inventory. If beginning finished goods inventory was $20,000 and cost of
    10·1 answer
  • You own 180 shares of stock in Halestorm, Inc., that currently sells for $82.45 per share. The company has announced a dividend
    6·1 answer
  • When sam goes to a restaurant, he always tips the server $2 plus 10% of the cost of the meal. if sam’s distribution of meal cost
    7·1 answer
  • Merc Enterprise is an independent distributor that distributes coffee machines and water purifiers to firms on a large scale. In
    11·1 answer
  • Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-
    15·1 answer
  • Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory accou
    5·1 answer
  • Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of
    10·1 answer
  • An examination of Hyong Corporation's inventory accounts revealed the following information:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!