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Vedmedyk [2.9K]
3 years ago
13

All of the following are reasons for the general decline in customer satisfaction over the past 20 years EXCEPT: Select one: a.

Today's customers are very price sensitive. b. Product quality is much lower now than at any time in the past. c. Customers are more cynical, have more information, and have more attitude than ever before. d. Customers are much less brand loyal than in the past. e. Today's customers are exceptionally demanding.
Business
1 answer:
mart [117]3 years ago
4 0

Answer:

B

Explanation:

In my point of view, For the past 20 years customers have more information and alternatives then before.

But one option is wrong, that is product quality is lower now. Products are of superior quality now a days with the introduction of information technology in industry. Products are of superior quality now.

Other options are the reason for general decline of customer satisfaction. That is customers are always price sensitive, customers have more information then before, customers demands are exceptional.

But we can't say that quality of product is lower.

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Which of the following is NOT a strong warning sign of potentially violent behavior? A. Constantly complaining about the job B.
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 B. Frequently returning late from lunch break. 
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4 years ago
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Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth
sesenic [268]

Answer:

a capital gain of $1,000.

Explanation:

Given,

The cost price of Equipment = $10,000

Useful life of the equipment = 10 years

Residual value = $0

Depreciation (Straight-line method) = Cost price/useful life

Depreciation (Straight-line method) = $10,000/10 = $1,000

Since, it is a straight line method, the depreciation will remain same each year. Therefore, at the end of the fifth year, the depreciation of equipment = $1,000 x 5 = $5,000

At the end of the fifth year,

The book value of the equipment= Equipment - Accumulate depreciation= $(10,000 - 5,000) = $5,000

If the company sales the equipment after the end of the fifth year,

there will be a capital gain.

Capital Gain of equipment = Sales price of equipment - book value of equipment

Capital Gain of equipment = $6,000 - 5,000 = $1,000. The journal entry will be -

Cash/Bank                              Debit       $6,000

Accumulated Depreciation   Debit       $5,000

Gain on sale of equipment                  Credit       $1,000

Equipment                                            Credit      $10,000

5 0
4 years ago
(Inspired by the events in the Montreal cement market in 1966.) You are the CEO of Independent Cement (IC), and are considering
pychu [463]

Answer:

1) C.C. is currently selling at $ 12. So, if I.C.'s price is equal to C.C.'s it can sell to all the 400 customers. Hence, IC should keep the price at $12. The CC's price after price determination by IC will be $ 11 as doing so, CC will be able to sell to all 400 customers. Expected profits of IC will be as follows:

Sales =12 *400

Less : Marginal cost = 3*400

Expected profits = $ 3600

(2) If IC builds a small plant, then it can sell upto its capacity i.e. 100 units to 100 customers, if its price is no greater than IC. So IC can keep its price at $ 12. Expected profits of IC = 100 *12 less marginal cost i.e. 3*100 = $ 900.

As a result of above, CC will keep its price either 11 or 12.

Case 1( If CC's price is 11)

Expected profits = sales- marginal cost = 400* 11 - Marginal cost i.e. 4 * 400= 2800

Case 2 ( If CC's price is 12)

Expected profits = sales- marginal cost = 300* 12- Marginal cost i.e. 4* 300 =2400

So, CC's price would be $ 11 as it leads to maximisation of his profits

(3) The choice of size of plant will be dependent upon the profits and is driven by profit maximisation factor.

Case 1 ( If small plant is chosen)

Sales = 100 * 12

Less : Marginal cost = 100 * 3

Profits = $ 900

Case 2 ( If large plant is chosen, we should keep our price at 11 as CC would always keep the price at 11 , not 12 as it maximises its profit at 11)

Sales = 400 * 11

Less marginal cost : 3 * 400

Profits = 3200

Hence, large plant should be chosen

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3 years ago
The value of the surplus that is lost to buyers and sellers but converted into tax revenue may?
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The majority of the time, a government's established policies, laws, and behaviours make up its public policy. Concern over the new structure of government calls attention to how frequently state agencies now carry out these functions rather than the state itself.

By endorsing politicians and political parties, several individuals and organisations attempt to have an impact on public policy through the political process.

Learn more about public policy here:

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8 0
2 years ago
Capital goods
Anika [276]
Capital goods are those good used to make consumer goods and services.
Thus answer is D

Capital goods is also known as intermediate goods, durable goods or economic capital.
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