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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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___ refers to factors that prevent new firms from successfully competing in the industry
antiseptic1488 [7]

Answer:

barriers to entry

Explanation:

3 0
2 years ago
Montross Lumber processes wood to be shipped to construction companies. In order to keep its products uniform, Montross conducts
tiny-mole [99]

Answer:

$450

Explanation:

Activity based costing is the process by which a business allocates cost on the basis of the number of times an activity is carried out.

For example if different departments use a photocopier to copy 3,000, 5,000, and 2,000 sheets. The total cost will be allocated based on amount of activity per department.

In this instance

Total number of boards= 36,000

Inspections= 5% of the total

Inspection cost= $15 per hour

Percentage that will be inspected= 0.05 * 36,000 = $1,800

It takes one minute to inspect each board, there are 60 minutes in one hour. So 60 boards are inspected in one hour.

Number of inspection hours= 1,800 ÷ 60= 30 hours

Total cost of inspection= Cost per hour * Number of hours

Total cost of inspection= 15 * 30= $450

7 0
3 years ago
Kari would like to make a down payment on a house. She currently has $7000. What interest rate must Kari receive for her investm
Step2247 [10]

Answer:

10.29%

Explanation:

Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate.

To find the interest rate Kari must receive for her investment to double in 7 years, we would use the Rule of 72;

Rule of 72 = 72/7

Rule of 72 = 10.29%

Therefore, Kari must receive an interest rate of 10.29% for her investment to double in 7 years.

5 0
2 years ago
My mother just died just a few minutes ago
kumpel [21]
Oh I'm so sorry for you
4 0
3 years ago
Because Brianna loves Chinese food, she was eager to check out a new Chinese restaurant. The restaurant had undertaken a large-s
Lana71 [14]

The Chinese restaurant failed to realize the importance of "word-of-mouth marketing."

<h3>What is word-of-mouth marketing?</h3>

Whenever a consumer's interest inside a company's service or product is reflected in their regular conversations, this is referred to as word-of-mouth marketing (also WOM marketing). Basically, it is free promotion brought on by consumer experiences, which are typically above and beyond their expectations.

Some key features regarding word-of-mouth marketing are-

  • Word-of-mouth marketing occurs when customers recommend a business's goods or services to their friends, relatives, and other people they value highly.
  • WOM marketing is among the most effective kinds of advertising since 88% of consumers prefer suggestions from their friends than those in traditional media.
  • By exceeding customer expectations with a product, delivering first-rate customer service, and providing consumers with insider knowledge, businesses can promote WOM marketing.
  • The finest word-of-mouth marketing methods, according to Word of Mouth Marketing Association (WOMMA), are sincere, credible, sociable, repeatable, measurable, and respectful.

To know more about the word-of-mouth marketing, here

brainly.com/question/15472521

#SPJ4

6 0
1 year ago
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