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Kryger [21]
3 years ago
9

Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa

tion for excellent customer service will most likely result in___________.
Business
1 answer:
Kaylis [27]3 years ago
6 0

Answer:

A sustainable competitive advantage

Explanation:

In a market that is perfectly competitive, firms offer products that are similar. They have to constantly seek ways to maintain their competitiveness by differentiating their product from others.

Maintaining an excellent customer service culture that goes the extra mile to solve customer problems is one of the ways to maintain competitive advantage.

Nordstrom is using this effectively to differentiate their services.

You might be interested in
Future economic trends are not influenced by economic theories. True or false?
nikklg [1K]
That statement is false.
Economic theories will determine how companies see the market and will somehow affect the decision that they will make for the market.
This decision will influence the future economic trends because these companies usually are really forward thinkers. From this, we could draw a correlation between future economic trends and economic theories
5 0
4 years ago
Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a li
Tatiana [17]
The thing that would interest him the most and is an advantage is that if one partner were to make a mistake, he would not be held accountable for it. Unlike the general partnership where everyone gets equal blame for the downfall of a company, in limited liability it is known what falls under whose jurisdiction and if someone causes the company to go bankrupt, the ones whose fault it's not can't get sued.
8 0
4 years ago
Company X has a good whistle-blowing program in place. Sara used the whistle-blowing system to alert management about a fraud be
dedylja [7]

Answer:

lack of anonymity

Explanation:

According to my research on whistle-blowing systems within organizations, I can say that based on the information provided within the question the major issue that the program seems to have is a lack of anonymity. All whistle-blower systems are designed to be completely anonymous so that anyone who uses the system to do the right thing and report people who are breaking the law or rules are not mentioned and face backlash from co-workers. Apparently, the system that Company X is either not anonymous or is not adhering to the anonymity policy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
Suppose two types of consumers buy suits. Consumers of type A will pay $100 for a coat and $50 for pants. Consumers of type B wi
erastovalidia [21]

Answer:

Charge $150 for a suit

Explanation:

Bundling strategy is the pricing of goods by a business despite different customers having different preferential prices they are willing to pay for the good.

In this scenario Consumers of type A will pay $100 for a coat and $50 for pants. Consumers of type B will pay $75 for a coat and $75 for pants.

The two customers are willing to pay $150 for both the jacket and the pants.

So the best decision for the company is to sell a suit made up of the jacket and pants for $150.

This way bother customers will get their preferred price.

4 0
3 years ago
Rule 103 of Regulation M requires that a market maker in a stock that is also a syndicate member in an "add-on" offering of that
e-lub [12.9K]

The available options are:

A. can only place a stabilizing bid at, or below the Public Offering Price

B. can only position trade the stock

C. cannot fill any orders for that security

D. can either resign as a market maker or can act as a passive market maker

Answer:

can either resign as a market maker or can act as a passive market maker

Explanation:

Rule 103 of Regulation which deals with Limits On Syndicate Members who are Market Makers requires that a market maker in a stock that is also a syndicate member in an "add-on" offering of that issue, during the 20-day cooling off period "can either resign as a market maker or can act as a passive market maker."

Hence, in this case, the correct answer is "can either resign as a market maker or can act as a passive market maker."

6 0
3 years ago
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