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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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A consumer values a house at $525,000 and a producer values the same house at $485,000. If the transaction is completed at $510,
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Answer:

d. A tax of $18,000

Explanation:

If the price is higher than $525,000 which is his reservation price, the buyer will not buy the good

(1+t) > $525,000 / $510,000

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t > 3%

3% of $510,000 = $15,300. So if the tax is greater than $15,300, the buyer will not buy the good . Hence, the answer is option (D) A tax of $18,000 as this tax is higher than $15,300 while other option are less than $15,300

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3 years ago
In an organization with a(n)__________, the parent company and all the subsidiaries work together in designing policies, procedu
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3 years ago
The first item appearing on the statement of owner's equity is Select one: a. net income b. the ending balance of owner's equity
nadya68 [22]

Answer:

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Explanation:

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<em>The statement of owner's equity shows at its head the Beginning equity balance -initial money invested in the company over a period.</em>

8 0
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For direct price discrimination to work a. ​The firm need not be able to identify the members of the low-value group b. ​The fir
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Answer:

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Suppose a firm that makes appliances merges with a company that produces running shoes, and it later also buys a dairy. what is
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