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Lostsunrise [7]
3 years ago
12

The founder and former ceo fo jones soda peter van stock claime that sharing the core values of your loyal customer base is just

good for buisness. if you wanted to integrate this business philosophy into your own company you would study
Business
1 answer:
JulsSmile [24]3 years ago
4 0

Answer:

Proactive Stance

Explanation:

In business, Proactive Stance means that you take a precautions to handle the events that might occur in the future.

Maintaining loyal customers base and good core values tend to require higher cost for the company. since it has to put more investment in high level customers service or high quality materials.

But, in the long run, this will be beneficial for the company. Loyal customers tend to be the least likely to switch to another product.  Not only that, if  in the future company made a mistake that damage its reputation, loyal customers tend to be more forgiving. This is why maintaining loyal customers base tend to be considered as a proactive stance.

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You are the sales manager for a software company and have been informed that the price elasticity of demand for your most popula
sesenic [268]

Answer:

a. increase the price of the software

Explanation:

If I were the sales manager for a software company and have been informed that the price elasticity of demand for your most popular software is less than 1. In order to increase total revenues from that product, I will increase the price of the software.

The reason for such decision is based on the fact that when the price elasticity of demand of a product is lower than 1, an increase in the price of that product results in an increase in revenue for the seller.

7 0
3 years ago
Suppose that you are the CFO of ABC Inc., which is an all-equity firm whose beta is 0.5. You are considering a new project that
neonofarm [45]

Answer:

The discount rate for this project is 5%.

Explanation:

The discount rate for the new project will be the required rate of return or the cost of equity that will be used to discount the cash flows from the project to calculate its Net present value. Using the CAPM, we can calculate the required rate of return (r) as:

r = rRF + beta * rpM

Where,

  • rRF is the risk free rate
  • beta is the stock's beta or measure of risk
  • rpM is the market risk premium

r = 2% + 0.5 * 6% = 0.05 or 5%

5 0
3 years ago
The data-mining technique that finds groups in the data that are similar in some way is____.
Morgarella [4.7K]
The answer is "clustering"
7 0
3 years ago
Read 2 more answers
During the Pillsbury Bake-Off, thousands of people across the country compete to create the best new recipe using the sponsor's
faltersainse [42]

Answer:

contest

Explanation:

Based on the information provided within the qeustion it can be said that this promotion is an example of a very successful contest. A contest is an event in which a large amount of people compete in a certain task in order to prove that they are the best at that task. These events usually have a grand prize for the winner. Which in this scenario this contest's top 100 finalists are flown to Florida to compete in another contest in order to win $1 million dollars.

6 0
3 years ago
Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr
True [87]

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income=  decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

4 0
3 years ago
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