It should be noted that when developing the tone for a claim letter, d. remember that smart businesses know that retaining a customer is far less costly than recruiting a new one
<h3>What is Letter Writing?</h3>
This refers to the use of words to communicate or send a message to a person with letters.
Hence, it can be seen that when writing a claim letter, it is important to set the tone to make it more effective and this can be done by having in mind to retain the customer rather than losing him.
Read more about letter writing here:
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The correct answer to this open question is the following.
Although there are no options attached, we can answer the following.
The term in strategic management theory related to managerial motive defines a manager's actions when those actions shape the firm's strategies to serve the manager's interests rather than to maximize long-term shareholder value is: "Egotism."
Egotism is one of the terrible mistakes a manager can make in the corporation. When a manager is egotistic, he/she is first and foremost interested in his own benefits, and this is an action contrary to the mission, vision, and philosophy or the organization,
A good manager is always going to look for the very best of the group, the team members, instead of its personal gains. People will follow a manager -or better said- a leader whose main concern is the team, not the individual.
Answer:
True
Explanation:
Because prices for computers have fallen across manufacturers, while performance has improved at the same time, manufacturers are now trying to distinguish themselves through the use of green technologies and strategies, with the goal of obtaining the market share of customers who are worried about the enviroment, and about sustainability.
Answer:
1.23
Explanation:
Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period.
Cost of Sales=Opening Inventory+Purchases-Closing Inventory
=5,500+4,000-3,800= 5,700
Average Inventory= Opening + Closing/2
= 5,500+3,800/2= 4,650
Inventory Turnover Ratio= <u>Cost of Sales</u>
Avg Inventory
= 5,700/4,650=1.23
Answer:
The answer is $41.67
Explanation:
Po = D1/r - g. This formula is called Discount Dividend Model and it is one of the methods used in valuing company's stock.
Po is the present or current value of the stock
D1 is the next year dividend payment
r is the discount rate
g is the growth rate.
Po = $5.00 /0.16 - 0.04
= $5.00/0.12
=$41.67
Therefore, the current stock price is $41.67
