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den301095 [7]
3 years ago
12

Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially dis

ruptive technologies than those that experiment with products that existing customers do not demand.
True or False?
Business
1 answer:
BigorU [14]3 years ago
7 0

Answer:

The correct answer is False.

Explanation:

Currently, customer satisfaction has become one of the fundamental objectives of organizations, managing to integrate all the functional areas that compose it as a better response to customer expectations.

Satisfaction is considered as the result of the purchase and use of a product or service, and in order to achieve it as an organizational objective, marketing must be directed towards the consumer, determine what they want, identify their needs and their expectations to maximize them through the products or services, taking into account that the expectations can be emotional or structural, the first refers to everything associated with the tangible elements at the time of the provision of the service, and the second, has to do with the emotion of the client, What you expect to feel in the service experience.

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The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue du
Fiesta28 [93]

Answer:

Current Ratio 1.05

Receivable turnover days 129 days

Days to collect 2.83

Inventory Turnover days 38 days

Days to sell 9.61

Explanation:

Current Ratio : Total Current Assets / Total Current Liabilities

Current Ratio : 8,250,030 / 7,830,300 = 1.05

Receivable turnover days : ( Accounts Receivable / Total Sales ) * 365 days

Receivable turnover days : ( 4,730,000 / 13,340,300 ) * 365

Receivable turnover days : 129 days

Days to collect : 365 days / Accounts receivable turnover days

Days to collect : 365 / 129 days = 2.83

Inventory turnover days : ( Inventory / Cost of goods sold ) * 365

Inventory turnover days : ( 938,360 / 8,914,195 ) * 365

Inventory turnover days : 38 days

Days to sell : 365 days / Inventory turnover ratio

Days to sell : 365 / 38 days = 9.61

4 0
3 years ago
Why don't supply restriction programs work well in increasing farm prices and income?
Tju [1.3M]
Supply restricted program heavily reduce the amount of products that sold in the market (that mostly came from import) in order to increase the price and income for local business.
But one thing that needed to be considered is, when the price is increased, the demand for that product will decrease at the same time, so eventually the sellers will have to bring the price down again to increase the demand.
5 0
4 years ago
Read 2 more answers
The basic difference between macroeconomics and microeconomics is:
I am Lyosha [343]

Answer:

The correct answer is option C.

Explanation:

Microeconomics is the branch of economics that studies the behavior of individual economic agents such as a single firm or a single consumer. For instance, it deals with variables such as demand for a single consumer or a supply from a single firm.  

Macroeconomics is that branch of economics that studies the entire economy as a whole. It deals with variables such as inflation, unemployment rate, etc.

3 0
3 years ago
If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 yea
77julia77 [94]

Answer:

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________

$7,873.83

Explanation:

a) Data:

Annual investment = $1,600

Interest rate = 14%

Number of period = 4 years

b) Calculations, using an online finance calculator:

FV (Future Value) $7,873.83

PV (Present Value) $4,661.94

N (Number of Periods) 4.000

I/Y (Interest Rate) 14.000%

PMT (Periodic Payment) $1,600.00

Starting Investment $0.00

Total Principal $6,400.00

Total Interest $1,473.83

c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.

4 0
3 years ago
Preparing T-accounts (ledger) and a trial balance LO P2 Following are the transactions of a new company called Pose-for-Pics.
Taya2010 [7]

Answer:

<h2>Pose-for-Pics</h2>

a) T-Accounts:

Date    Description               Debit        Credit

Common Stock

Aug. 1  Cash                                           $6,500

           Photography Equipment           33,500

Aug. 31 Balance                $40,000

Date    Description               Debit        Credit

Cash Account

Aug. 1  Common Stock     $6,500

Aug. 2 Prepaid Insurance                     $2,100

Aug. 5 Office Supplies                            $880

Aug. 20 Fees Earned        $3,331

Aug. 31 Utilities                                       $675

Aug. 31 Balance                                    $6,176

Date    Description               Debit        Credit

Photography Equipment

Aug. 1  Common Stock   $33,500

Date    Description               Debit        Credit

Prepaid Insurance Account

Aug. 2  Cash                       $2,100

Date    Description               Debit        Credit

Office Supplies

Aug. 5  Cash                       $880

Date    Description               Debit        Credit

Fees Revenue

Aug. 20  Cash                                      $3,331

Date    Description               Debit        Credit

Utilities Expense

Aug. 31  Cash                       $675

b) Trial Balance as of August 31:

Accounts                     Debit       Credit

Cash                          $6,176

Photography Equip 33,500

Prepaid Insurance      2,100

Office Supplies             880

Utilities Expense           675

Common Stock                          $40,000

Fees Revenue                                 3,331

Total                       $43,331        $43,331

Explanation:

a) The Common Stock equals the cash and equipment contribution made by Madison Harris, the owner of Pose-for-Pics.

b) Pose-for-Pics' T-accounts are the general ledger accounts of the company.  They record the individual accounts' transactions for the accounting period, usually a month, which are summarized by the preparation of the trial balance as of month-end.

3 0
3 years ago
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