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Fudgin [204]
3 years ago
6

Saddle Up, a small tack store in Massachusetts, stresses a culture of excellent customer service. To ensure customer satisfactio

n, the store allows customers to return most items hassle-free, even certain items that have been opened and used, such as boots, helmets, and saddles, as long as they are still in good condition. The store has a bargain section at the back of the store to sell returned items at lower prices. However, certain items, such as vet supplies, fly spray, supplements, and tack cleaning supplies, can only be returned if they are still sealed. In implementing its return policy, the store trusts its employees to:
a. always check with the corporate office before accepting a return.
b. ask customers for detailed reasons for their returns.
c. use their best judgment.
d. adhere to strict guidelines.
e. only take back items that are in new condition.
Business
2 answers:
alexandr1967 [171]3 years ago
8 0

Answer:

The correct answer is letter "C": use their best judgment.

Explanation:

Merchandise return policies are the different terms and conditions companies follow at the moment of receiving items that could be damaged and need to be replaced or objects that did not fulfill customers' expectations. Some stores could be very strict on following return policies while some others are more flexible to ensure clients will continue to do business with them.

Thus, in the example given, <em>"Saddle Up" relies on its employees' best judgments at the moment to apply return policies since they take items that could have signals of being used to be resold at lower prices. Store employees should use their own criteria to determine how good are the conditions of those items to be offered again and leave the store with some profits.</em>

Gre4nikov [31]3 years ago
4 0

Answer:

The correct option is C, use their best judgement

Explanation:

Option A is wrong as there was no requirement stipulating that they need to check with the corporate office before accepting a return.

Option B is also wrong based on the point above.

Option C is correct as the employees are given the opportunity to use their best judgement in determining whether or not an item is still in good condition.

Option D is also wrong because there was no pointer to strict adherence to guidelines.

Lastly, option E is wrong because good condition is not the same new condition.

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In an oogilyboogily market, consumer choice is?
Zielflug [23.3K]

Answer:

limited.

Explanation:

In an oligopoly market, few firms dominate a market with many buyers.  The firms may sell similar or differentiated products. The oligopoly stature is characterized by heavy advertisement to win customers. Each firm sets its price.

Because few firms dominate the market, customers do not have a wide range of variety to select from. For example, the mobile phone business is dominated by 5 to 6 companies. Customers' choices are limited to these service providers.

4 0
3 years ago
Which section of the business plan should come first but be written last?
Colt1911 [192]

Answer:

C. Executive Summary

Explanation:

Executive Summary is the section of the business plan, which come first but written last as it is the summary of the business plan.

Executive summary is the small portion or section of the large document, which summarizes whole report or document so that anyone who read the executive summary can get brief idea of the whole document, without reading the whole document. It include articles, recommendation, proposals, etc which help to summarize the document.

5 0
3 years ago
Production possibilities frontiers curve when they are charted on a graph because they show
goblinko [34]
C. the increasing costs resulting in increasingly less output.
3 0
3 years ago
Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases.
Elden [556K]

Answer:

1. closing inventory = (10+20+15)= 45 -15 =30units *$11.33 =$340.80

2. Closing inventory = $378

Explanation:

1) WAM = (cost of purchases - returns)/ (units purchased -returns)

            =[ (10*6)+(20*12)+(15*14)]/(10+20+15

            =$510/45

           =$11.33

2. Specific Identification Method = $378

7 Dec (10 - 8) = 2 units *6     =$12

14 Dec (20-7) =13 units *12  =$156

25 Dec    15*14                    =$210

6 0
2 years ago
Read 2 more answers
TRUE/FALSE in valuation analysis, undervalued bonds are bonds in which the expected ytms are lower than the prevailing ytm.
Anika [276]

If the bond's valuation is lower than the market price, you should buy it because the bond is undervalued. Additionally, the bond is overvalued and should be sold if the market price is lower than the bond price.

<h3>What is the formula for YTM?</h3>

The total rate of return that a bondholder anticipates earning if the bond is held until maturity is referred to as YTM in the context of bonds. A single Bond's YTM formula is as follows:[Annual Interest plus [(FV-Price)/Maturity]] / [(FV + Price)/2] is the yield to maturity.

<h3>What is the acronym YTM?</h3>

yield to maturity (YTM) is an estimate of a portfolio's return. It accepts that the purchaser of the security will hold it until its development date, and will reinvest each premium installment at a similar financing cost. As a result, the coupon rate is taken into account when calculating yield to maturity. The redemption yield is another name for YTM.

To learn more about YTM here

brainly.com/question/15470557

#SPJ1

3 0
9 months ago
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