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KIM [24]
4 years ago
10

Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them mo

re access to information.
Business
1 answer:
Olin [163]4 years ago
3 0

Answer:

<em>This is true</em>

<em></em>

Explanation:

With the recent development in modern communication technologies, <em>communication with customers is is now very easy and yet very sophisticated</em>. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.

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Ralph, a regional sales manager, was asked to analyze whether his company should launch a marketing effort to become Right Foods
podryga [215]

Answer:

Switching cost

Explanation:

Switching cost is defined as the cost that is incurred in the course of changing from one supplier to another.Switching cost can be in monetary terms like compensation and termination fees and also in non monetary terms like time , effort and psychological stress.

In the given scenario , the defined activities of Right foods and the intention of Ralph clearly point out the process of potential switch of suppliers , even as the potential switching cost of $0.5 million for termination and $100,000 for replacing of software and retraining of staff are apparent.

4 0
3 years ago
Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $200,000 and i
kirill115 [55]

Answer:

(a) $190,000

(b) $635,000

(c) $625,000

Explanation:

(a) Cost of material Consumed:

= Opening Stock of material + Purchases - Closing Material

= $1,20,000 + $200,000 - $130,000

= $190,000

(b) Total Manufacturing cost:

= Direct Material + Direct labor + Overhead

= $190,000 + $120,000 + $325,000

= $635,000

(c) Cost of goods manufactured:

= Total Manufacturing cost + Work in progress Beginning -  Work in progress End

= $635,000 + 80,000 - 90,000

= $625,000

8 0
3 years ago
A ____ is a value that the user enters whenever a query is run, which provides flexibility, enables users to access information
fomenos
A parameter is a value that the user enters whenever a query is run, which provides flexibility, enables user to access information easily, and costs less.

Hope this helps :)
~Davinia.
8 0
3 years ago
In November and December 2020, Crane Company, a newly organized magazine publisher, received $79200 for 1,000 three-year subscri
Varvara68 [4.7K]

Answer:

Crane should report $26,400 as subscription revenue in Income Statement

 

Explanation:

Amount received towards Subscription = $79,200 for 3 years

Subscription revenue to be recognized in Income Statement of 2020 =

= $79,200 / 3

= $26,400

7 0
4 years ago
About how many Iphones were sold in 2016?
Bogdan [553]
About 18.65 million iphones were sold
5 0
3 years ago
Read 2 more answers
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