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4 years ago

Which of the following equations describes customer value?

Business

1 answer:

Vlad1618 [11]4 years ago

4 0

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.

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Why must MPC + MPs always equal 1

AfilCa [17]

Marginal propensity to consume and marginal Propensity to save always equals to each other.you consume only from what you have saved

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3 years ago

FlanCrest Enterprises is a mid-sized auto supply company that manufactures electronic components for cars. It has approximately

Nadusha1986 [10]

Answer: d. Control, because they are attempting to minimize labor costs

Explanation:

By trying to reduce labor costs, FlanCrest is engaging in a Control HR Strategy that will see them control the costs being expended on human resources.

This case shows how Controling activities such as cost cutting can be done to keep customers because if FlanCrest did not do what they did, they might have lost Widespread Motors as customers.

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4 years ago

Wintertime Company produces the handles which are used in the production of their snow shovels. Wintertime’s costs to produce 60

Firlakuza [10]

Answer:

Option C

Explanation:

There will be 15,000 increase in net income for purchasing the handles from outside supplier as it saves us a cost of 15,000

Cost of manufacturing 60,000 handles = $150,000

If the company purchases it from outside = 2.25 per handle x 60,000 handles = $135,000

fixed factory overheads of $ 25,000 will be still there as additional cost

Additional rental income = 25,000

Outsourcing handles = cost to purchase + fixed factory overhead - rental income

Outsourcing handles = 135,000 + 25,000 - 25,000

Outsourcing handles = 135,000

Net Income effect = Cost of manufacturing - Cost to outsouce

Net income effect = 150,000 - 135,000

Net income effect = 15,000 increase

4 0

3 years ago

Although a business has had record sales it is having a hard time paying the bills each month. As a manager you are uncertain wh

Svetradugi [14.3K]

Answer:

Income statements and or Cash flow statements.

Explanation:

Income statement and Cash flow statements are required.

Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.

Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.

Hope that helps.

3 0

4 years ago

Linda has signed a two-year long contract with HNS Inc., a clothing retail store, to work as a sales trainee. Lindaâ€™s parents

Natali5045456 [20]

Answer: A) Legal purpose of the contract.

Explanation:

If this is followed legally it would be known through the credentials that Linda is under adulthood for such a contract, and considering this is the reason her parents are not in support but outragous.

4 0

4 years ago