Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.
MICROeconomics refers to the effects and purchasing decisions of individuals.
This differs from MACROeconomics which focuses on large scale views of things that affect the economy as a whole like inflation and interest rates.
Answer:
"C"
Explanation:
A customer - driven environment is an organisation where customer needs are identified and all efforts are in place to ensure that these needs are met to the maximum satisfaction of the customer.
Quality and pricing are key components of this system as a customer will be attracted if he is sure of the quality of a need at a reasonable price. It does not mean it should be the cheapest and lack quality.
It has been proven to be a good way of gaining competitive edge over rivals in business.
Answer: Option B
Explanation: Centralization or centralization is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.
These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.
Hence from the above we can conclude that the correct option is B.
According to one source from the internet, the cross-border sales is projected to top $450 within the next 5 years. Cross-border trade is the process of buying and selling of products, selling goods and services between business domestically or in the neighborhood countries.
