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-Dominant- [34]
3 years ago
13

Evaluate when a laissez-faire style of management might provide an opportunity to provide customers with better customer service

?
Business
1 answer:
hram777 [196]3 years ago
6 0
<span>A laissez-faire style of management can provide better customer service especially in decentralized, highly variable, and personalized markets. A laissez-faire style of management imposes minimal restrictions of formalized guidance for the customer services representatives to adhere to and thus allows for more freedom to allow for a personalized approach to the customers problems. This could be demonstrated in a simple example where a customer service representative responds to a customer's issue with product satisfaction. In a laissez-faire style of management the representative could employ more time costly but empathetic approaches to the customer and perhaps have a greater chance at uncovering, mitigating, and solving the customer's issue. This personalized and empathetic approach would have a higher chance of conveying to customer that they are not "just another number" and could potentially result in positive word of mouth advertising as well. Lastly, not all problems or issues are simple straightforward affairs. A laissez-faire style of management allows for increased flexibility and a greater overall chance of achieving customer satisfaction.</span>
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Rosa purchased three call option contracts on ABC stock with a strike price of $27 when the option premium was quoted at $1.1. T
IrinaK [193]

Answer:

Explanation:

Profit on a long call option = max(St - X, 0) - premium paid  

Profit on a long call option = max(29 - 27, 0) - 1.1

Profit on a long call option = max(2, 0) - 1.1

Profit on a long call option = 2 - 1.1

Profit on a long call option = 0.9 per share

Total profit on the long call option = 0.9 * 100 shares per contract * 3 contracts  = 0.9 * 100 * 3  = $270

Net profit on this investment = 270 - 10

Net profit on this investment = $260

8 0
4 years ago
Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been selected
olchik [2.2K]

Answer:

c. 108.3

Explanation:

Calculation to determine what The value of the CPI in 2004 was:

Using this formula

Consumer Price Index (CPI) 2004 = (2004 Basket cost / Base year basket cost) x 100

Let plug in the formula

Consumer Price Index (CPI) 2004 = (650 / 600) x 100

Consumer Price Index (CPI) 2004 = 108.3

Therefore The value of the CPI in 2004 was:108.3

5 0
3 years ago
A(n) ________ is a legal agreement signed by a stockholder allowing someone else to vote on his or her behalf at the corporation
slega [8]

Answer:

stockholder voting right

Explanation:

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2 years ago
Madrid Company plans to issue 9% bonds with a par value of $5,300,000. The company sells $4,770,000 of the bonds at par on Janua
ASHA 777 [7]

Answer and Explanation:

The journal entry are as follows

1. Interest expense $214,650

       To Cash $214,650

(Being the first interest payment is recorded)

The computation is shown below

= $4,770,000 × 9%  × 6 months ÷ 12 months

= $214,650

For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited

2. Cash $530,000

      To Bond payable $530,000

(Being the cash sale of bond is recorded)

For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable

5 0
3 years ago
What are the positive feedbacks for NEWS ANCHORS?
Alisiya [41]

Answer:

Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.

4 0
3 years ago
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