Answer:
The options are missing, so I looked for similar questions. The option that I believe is correct is:
- A good reputation for having few OOS (out-of-stock) problems when fulfilling large orders.
Customer service is extremely important in today's world were competition is fierce and global. The less competition, the less value customer service has, but companies from around the world compete against each other. E.g. if you do not like how some salespeople treat you at a certain store, you can go online and buy the same products from a retailer 2,000 miles away. You must always remember that keeping old customers happy and loyal is always much easier and cheaper than getting new customers.
In a B2B environment, costs are important, and any difference in costs is much more important because the quantities sold are larger. But if the company that sells the lower priced products offers a terrible customer service and is not able to fulfill orders in time, then B2B clients will leave them because time is money. Th elonger the lead time, the higher the stockout probabilities and you require a larger safety stock which costs money.
Customer retention rate, customer satisfaction, and market share are all the examples of marketing performance.
What is meant by marketing performance?
- Marketing performance is the alignment between goals and objects of marketing team versus actual results. It is measured using metrics and Key Performance Indicators (KPIs), including return on investment, cost per sale, cost per lead, conversion rate, and customer lifetime value.
- The planning and execution of marketing activities are required to happen simultaneously and are under the label of marketing performance.
To read more about marketing performance, refer to :
brainly.com/question/28316044
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Answer:
1.25
Explanation:
asset turnover ratio = net sales / average total assets = $200,000 / [($170,000 + $150,000) / 2] = $200,000 / $160,000 = 1.25
Asset turnover ratio is a useful indicator of a company's efficiency, since it measures total sales relative to total assets. A company that uses its assets to generate sales more efficiently will have a higher asset turnover ratio.
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Who are the biggest companies in the cruise retail Industry?
Jun 29, 2018
As the cruise industry continues to expand rapidly around the world the growth in the onboard cruise retail market is significant. This year just about every major cruise line will have a new ship with wide public and commercial spaces dedicated for retail shops. The biggest companies operating in cruise retail sector are Starboard Cruise Services, Harding Retail, and Dufry Ltd.
With retail shops operating on 96 cruise ships, Starboard Cruise Services has firmly established as the largest and dominant cruise retailer in the world with the biggest share in the cruise retail market.
This year Starboard Cruise Services, which is part of LVMH Moët Hennessy Louis Vuitton, celebrated its 60th anniversary with the debut of its newest innovative retail concepts of exclusive shops and brands on the industry's newest and largest cruise ships, including Carnival Horizon, Royal Caribbean's Symphony of the Seas and Celebrity Edge. Other newly executed retail contracts have been signed with Norwegian Cruise Line to operate retail on three of their newer ships and a multi-year contract with Costa Cruises including the new Costa Smeralda launching in 2019 and Royal Caribbean’s Spectrum of the Seas.
