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Rufina [12.5K]
3 years ago
8

Sales of the cooler freeze packs made by the company Coolpaxx have been declining. Online sales information is shared with the s

ales department and customer service division. The product development team, however, has not been receiving the customer complaints or suggested product changes that have been collected. Which part of the effective three-step process did this company fail to use?
Business
1 answer:
cluponka [151]3 years ago
6 0

Answer:

share customer information across all departments

Explanation:

The effective three-step process for business are:

<u>-  Assess, </u>

Obtaining all valuable information relevant to the operation. This include things such as customer information, market tendencies, and external challenge.

Failing to give a certain information to any part of departments indicates a failure in this step.

In the example above, the product development team wouldn't have any clue on how to improve their new product if they do not possess the information regarding the customers' complaints.

<u> - Improve, </u>

After the company receive the relevant information, the employees will know the things that are well-liked and the things that despised by the customers.

They can use this information to design improvement for the products and catering to the things that customers like.

<u>- Implement</u>

After the improvement is designed, the company just need to collect the resources it needed and implement the improvement.

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. Alternative A has a first cost of $20,000, an operating cost of $9,000 per year, and a $5,000 salvage value after 5 years. Alt
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Answer and Explanation:

The computation is shown below:

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And,  

NPW of Y is

= -$35,000 - $4,000 × (P/A,12%,5) + $7,000 × (P/F,12%,5)

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7 0
3 years ago
According to Carl Jung, what are the two main ways that people process information?
nata0808 [166]
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Jennifer owns a pig farm near​ Salina, Kansas. Last year she earned​ $39,000 in total revenue while incurring​ $38,000 in explic
leonid [27]

Answer:

Jennifer earned an accounting profit of  $1,000 and economic loss of $26,000

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Total revenue for Jennifer is $39,000.  

Explicit costs incurred is $38,000.  

The implicit cost or opportunity cost involved is $27,000.

Accounting profit takes into account explicit costs only. It does not include implicit costs involved in the production process.  

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