A code of conduct gives employees guidance on how to handle themselves in challenging ethical situations
Answer:
A. Goods and Services
Explanation:
Business exists to provide solutions to the needs of customers. They develop innovative products and services that add value to the lives of consumers. A business makes profits by offering the goods and services to customers at a fee called price.
Businesses invest in developing new, better, and cost-effective products to stay competitive. They research the needs and wants of customers and create products and services that meet customers' expectations. The business owner earns a profit for providing solutions to customer's problems.
A contract is fully executed when: the sale is closed.
A contract is a legally enforceable agreement that establishes, defines, and controls the mutual rights and obligations between parties. Contracts typically include the transfer of goods, services, money, or promises to transfer at a future date.
A contract is an agreement between private parties that creates mutually enforceable obligations. The basic elements necessary for a contract to be legally enforceable contract are good care; capacity; and legality.
Contracts are the heart of commerce. They are mutual agreements between two (or more) parties that, when signed, create legal obligations that each party must comply with. This can be as simple as buying a product or selling a service.
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Answer:
A key performance indicator of the customer perspective in a balanced scorecard is option C. number of repeat customers
Explanation:
A Key Performance Indicator (KPI) is a measurable value used to demonstrate how effectively a company is achieving key business objectives.
Organizations use KPIs to analyze their success rate.
The customer perspective within the balanced score card enables organizations to target the market segments to prioritize. Once they have done that, they focus developing strategies that maximizes customers’ utility and bring sin good profit to the organization.
Before now, Balanced Scorecard tilted towards product performance and technology innovation to be the backbones of business success. However, customer behavioral trends have gradually emphasized the necessity for understanding what customers need.
Therefore the number of repeat customers is a KPI of the customer perspective in a balanced score card.
The correct answer is net income.
Savings should be treated as another type of NET INCOME.
Net income is termed as the amount of earning which is remains after all the deductions have been made from the sales.
The amount of profit which is final.