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77julia77 [94]
2 years ago
9

Squeaky Clean Car Wash has a goal of increasing its repeat customers by 30% over the next year. It began by looking at ways to s

upport this goal and discovered there is a high turnover rate for wash attendants. This is a weakness, as customers rarely see a familiar face to continue a relationship with on return trips. Another discovery is that a new car wash has opened two blocks away with additional services like a frequent cleaner card. Squeaky Clean has just conducted a:(A) mission statement analysis(B) marketing objective analysis(C) situation analysis
Business
1 answer:
Alex_Xolod [135]2 years ago
3 0

Answer:

C) situation analysis

Explanation:

Situation Analysis are methods used by managers to evaluate their internal and external environment to understand challenges faced by the business, and opportunities to exploit.

At Squeaky Clean was a situation analysis was done and it was discovered that high turnover of wash attendants was affecting customer confidence in their business (internal environment).

Also a competitor had an additional service, that is frequent cleaner card (external environment).

The management will use this information to better serve their customers, so that they would achieve their goal of increasing its repeat customers by 30% over the next year.

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Answer:

What role do primary financial markets play in our economy?

The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations

What role do secondary markets fill?

Secondary markets include option markets and deal markets in which ownership of securities is transferred. Investors create auction markets, such as the New York Stock Exchange, by congregating in one physical area to announce bids and ask prices and to trade and sell stock.

Describe the relationship that exists between financial institutions and financial markets and suggest a method in which this relationship can run more smoothly.

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Explanation:

What role do primary financial markets play in our economy?

The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations

What role do secondary markets fill?

Secondary markets include option markets and deal markets in which ownership of securities is transferred. Investors create auction markets, such as the New York Stock Exchange, by congregating in one physical area to announce bids and ask prices and to trade and sell stock.

Describe the relationship that exists between financial institutions and financial markets and suggest a method in which this relationship can run more smoothly.

Financial instruments are those instruments that allow you to take an exposure to a specific type of risk, or simply to invest your money! Financial instruments are bought and sold by all the financial institution with different goals (to get a fixed return, to speculate, to provide short term and long term funding, to achieve a specific rate of return, to fund themselves, to buy or sell for a client…) and in different ways.

Financial markets are the places where Financial Instruments are bought and sold by Financial Institutions.

7 0
3 years ago
Many industry initiatives have attempted to create efficiency and effectiveness through the integration of supply chain activiti
kolbaska11 [484]

Answer:

D) all of these answer

Explanation:

for creating chain management we need to have

1) Quick response (QR) -  is refer to that bar code which is used to track information for any products. this type of bar code is mainly used in shopping or buying in any product.

Bar code is a code in which information is store which can be used further in market.

2) vendor managed inventory -  in this information provided by customer to the  vendor about any product.

3) Efficient consumer response -   it is a mutual coordination  between producer, wholesaler to fastened and feasible the service to customer.

8 0
3 years ago
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Kitty [74]
Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market
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2 years ago
When writing recommendation​ letters, you should​ ________.
Natasha2012 [34]
A i think the answer is a correct me if wrong plz

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3 years ago
If contracting a vendor for multiple locations, particularly over a wide geographic area, the most important factor would be
OLga [1]

Criteria in contracting a vendor are:

<span> Years in business Ability to constantly supply products. Ability to supply complete requirements. Flexibility to allow changes in orders or product lines. Substantial catalogue of products. Has staff that can answer questions you may have. Testimonials and references. Sustainability and financial stability. Prices. Delivery times. Terms of business. Customer service. </span>

<span>The most important factor to consider in contracting a vendor for multiple locations would be delivery times. </span><span>You need assurance that deliveries can be made where and when you want them.</span>

5 0
3 years ago
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