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Vikki [24]
3 years ago
9

A loyalty program is: a. a program that rewards suppliers when delivery of products and services exceeds expectations. b. an ana

lysis of customers and their recurring purchasing habits with your business. c. a reward system for customers based on the amount of business they do with your business. d. a process of moving into a new market for a particular product or service.
Business
1 answer:
Ray Of Light [21]3 years ago
7 0
<h2>A reward system for customers based on the amount of business they do with your business.</h2>

Explanation:

A loyalty program is organized once again to promote business and to get in touch with the effective customer to keep up business. Only selected customers who are keeping the business on will be invited.

Option A: Rewards are not for suppliers, it is for customer

Option B: It is not analysis. It is basically to appreciate customer based on the analysis

Option C: The right answer as explained above

Option D: This is closely related to product promotion but missing the attribute of "appreciating customers".

You might be interested in
if management decides to buy the cupholders from outside suppliers rather than to continue making the part, what would be the an
raketka [301]

The correct answer to this open question is the following.

Although there are no options attached, neither a case nor example for reference, we can comment on the following.

If management decides to buy the cupholders from outside suppliers rather than to continue making the part, the annual financial advantage would be that the company will save on fixed costs, the ones implied on hiring and paying people their salaries to produce the cupholders on a monthly basis. Also, the costs of machines to fabricate them.

That is why companies have to smartly decide about the so-called "make-or-buy decision." The best recommendation to make the correct decision is to apply a quantitative analysis.

5 0
3 years ago
As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly
ioda

Answer:

A)Minimum = 0.2 minutes

Maximum = 4.6 minutes

Cycle time = = 2 minutes per unit

B) Number of Stations = 3

D) the percentage of idle time for the assignment in decimal = 0.43

Explanation:

A) Operating output = 240 units per 8hours.

Converting to per hour, we get; 240/8 = 30 units per hour.

Minimum cycle time = longest task time

Maximum cycle time = sum of task times

Minimum = 0.2 minutes

Maximum = 0.2 + 0.4 + 0.2 + 0.4 + 1.2 + 1.2 + 1.0 = 4.6 minutes

Now, operational time(OT) is 8 hours a day. Converting that to minutes, we have =60x8 = 480 minutes

Cycle time(CT) = OT (per day) /desired output

Therefore, calculated cycle time = 480/240

= 2 minutes per unit

B) Number of stations = Maximum time / CT

= 4.6/2 = 2.3 which is approximately 3 stations

C) The task diagram is drawn in image 1 attached. Therefore, we can assign tasks based in the greatest number of following tasks as follows;

Task Number of following tasks

a 4

b 3

c 2

d 2

e 1

f 1

g 0

D) for the idle time from the assigned tasks in "c" above, from the "image 2" attached; the percentage of the idle time will be=

Total remaining time of tasks without remaining feasibility tasks/ {(number of these tasks) x(CT)}

Which gives percentage of idle time = (0.8 + 0.8 + 0.8 + 1.0)/{(4)x(2)}

= 3.4/8 = 42.5%

Since we are to convert to decimal,

= 0.425 approximately 0.43

4 0
3 years ago
As a store manager, Liandra has to play the role of negotiator, such as purchasing products at a fair price for her company. As
swat32

Answer:

As a store manager, Liandra has to play the role of negotiator, such as purchasing products at a fair price for her company. As she handles this responsibility, Liandra is playing the decisional role.

Explanation:

A manager is someone who supervises, controls and administers an organization or company. There are different types of managers in an organization. An example is a store manager whose major role is to maintain the overall image of the store. There are different roles that a manager can play in an organization, namely; decisional, disseminator, and leadership. These roles are further explained below;

1. Decisional role

As the name suggests, this is a role where the manager has to make a choice on multiple alternatives. As she handles the responsibility of purchasing products at a fair price, she makes decisions on which products are of quality and which ones have a good price on behalf of her company.

2. Disseminator

A disseminator is a manager in the field of communication charged with the responsibility of passing information about an organization to the employees.

3. Leadership

Leadership can be defined as the role of taking charge in directing people and resources in a certain direction. The role of leadership can be taken by different people as various levels of management.

8 0
3 years ago
According to the efficient markets hypothesis, changes in stock prices are impossible to predict from public information. excess
saveliy_v [14]

Answer:

Changes in stock prices are impossible to predict from public information.

Explanation:

Efficient market hypothesis states that in an efficient market asset prices tend to reflect all available information. As new information comes to light asset prices adjust accordingly.

Three forms of EMH exist weak, strong, and semi-strong.

The changes in asset price based on all bailable information is unpredictable, so it is impossible to outperform the market by expert selection of stock or market timing.

The only way to get higher returns is to get riskier investments as one cannot consistently predict performance of assets.

4 0
3 years ago
g Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $43,000 and variable
expeople1 [14]

Answer:

$63,260

Explanation:

Break-even point is the level of Activity where a firm neither makes a profit nor a loss.

Break even point (Dollars) = Fixed Costs / Contribution Margin Ratio

Contribution Margin Ratio

Is calculated as := Contribution / Sales

                           = (Sales less Variable Costs) / Sales    

                           = ($43,000+$56,000-$11,980-$14,750) / $99,000

                           = $72,270/$99,000

                           = 0.73

Break even point (Dollars) = $46,180 /  0.73

                                            = $63,260

6 0
3 years ago
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