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Tems11 [23]
3 years ago
9

Customer intimacy is the process whereby a business learns as much as possible about its customers to better anticipate and addr

ess their needs.
a. True
b. False
Business
1 answer:
V125BC [204]3 years ago
7 0
I think true
But I’m not sure
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The knowledge a firm possesses can be a source of competitive advantage. Describe ways that a firm can continuously learn to mai
tino4ka555 [31]

Answer:

It includes; Digging deeper into areas of knowledge/expertise and comparison of achievement can help foster,creat or lead to a competitive position/ advantage. Finding out, sourcing and making use of other areas or sources of knowledge and information can keep a company up to date of competitive efforts and leads to an environment for creativity, shows/ create new knowledge within the company thereby finally leading toexisting competitive advantages and going after new ones.Success is a product of failure so therefore, getting the knowledge of failure as part of the innovative process can bring good results.

Meeting goals with all flexibility and sharing of personal stories, sourcing outsiders, proving one’s self wrong will all foster a kind of fear-free searching of new ideas.

Explanation:

For firm generally, crafting, creating or bringing a strategy that gives/yields a competitive advantage over rivals is said to be the most reliable means of achieving above-average profitability and financial performance in any organization. A company can attain and have sustainable competitive advantage if and when the elements of the strategy used by the company give buyers lasting and good impression orreasons to prefer a company's products or services over those of their competitors.

Strategic approaches used by company to build a competitive advantage includes; Focusing on a narrow market environment (niche) within an industry and also creating an advantage based on offering more value for the money e.t.c.

4 0
3 years ago
All of the following are factors in the fraud triangle except A. Ethical behavior of an individual B. Materiality of the assets
Verdich [7]

Answer:

Materiality of the assets

Explanation: Materiality is known to as misstatements, including omissions, and these are considered to be material if they, individually or in the aggregate, could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.

6 0
3 years ago
Of the 6.25 billion people in the world, 310 million live in North America. What percent of the world's population lives in Nort
laiz [17]

Answer:

5% approx

Explanation:

Given that

Number of people in the world = 6.25 billion

And the number of people live in North America = 310 million

So, the percentage of the world population lives in North America would be

= (Number of people live in North America ÷ Number of people in the world) × 100

= (310 million ÷ 6.25 billion) × 100

= 5% approx

6 0
3 years ago
Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice known as __________(equity or
const2013 [10]

Answer:

The correct answers are:

- Debt.

- An IOU promise to pay.

- The stockholders.

Explanation:

To begin with, in the field of finance the <em>bond</em> is an instrument of <u>indebtedness</u> of the bond issuer to the holders. Moreover, this instrument is also known as a <u>debt security</u> under which the party that generated the bond owes a debt to the holder of the bond and must pay ir under certain circumstances stipulated at the time of the purchase, therefore that it is known that the bond is a form of<u> ''I owe you'' or IOU</u> promise to pay. Furthermore, the <u>bondholders are only lenders</u> and therefore they do not owe a part of the company, so that means that if the company runs into financial difficulty then the stockholder, who do owe a part of the company, will be paid first.

3 0
4 years ago
How can<br>you change the size of a windows<br>manuel​
Feliz [49]

Answer:

vinyl siding we can change the size of window

3 0
4 years ago
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