Answer:
is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met
Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.
Answer:
$9,233.
Explanation:
The balance of the loan after the 32th payment can be determined after constructing a loan amortization schedule for this car loan. To construct the amortization schedule, we need to first calculate the monthly instalments (PMT) as this is the missing parameter for our time value of money.
I am using a financial calculator here to calculate the monthly instalment :
PV = $25,000
P/YR = 12
I = 8%
N = 48 (years)
FV = $0
PMT = ?
Therefore, the monthly instalment PMT is $610.32.
But, we need the balance immediately after the 32th payment, so we construct an amortization schedule - now that we have all the parameters.
On a financial calculator enter 1 INPUT 32, SHIFT AMORT.
Pressing the equal sign gives the principle then interest and finally the balance of this loan after the 32th payment. The balance you should get if you follow this procedure carefully is $9,233.
Answer:
Moving the firm's goods from production points to distribution centers (E)
Explanation:
Negotiating with labor unions regarding wages, hours, and benefits : This function is the primarily responsibility of Human Resources Manager
Providing technical expertise on the production and design of goods :
This is the responsibility of an Operation Manager
Supplying the raw materials needed for manufacturing the firm's products :
This is the responsibility of Procurement/Purchasing Manager in collaboration with store-keepers.
Moving the firm's goods from production points to distribution centers :
A marketing intermediary is responsible for getting goods from production floor to distribution centers.
People often produce goods. When production is characterized by opportunity costs, the resulting production possibilities frontier will be a straight line is a true statement.
<h3>What is opportunity cost in terms of production?</h3>
The opportunity cost of transporting or changing from one efficient combination of production to another that is better is simply defined as how much a specific good that is one goods is given up so that a person can get more of another kind of goods.
Opportunity cost is said to be seen when spending more money on an item.
Due to the above, when production is seen to be more of constant opportunity cost, the resulting production possibilities frontier is known to occur on a straight line.
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