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KIM [24]
3 years ago
7

Providing a great shopping experience to customers is one of the important objectives of Purple Fashions Inc., a clothing store.

To achieve this objective, the company has a team of committed customer service professionals, whose job is to ensure that customers get exactly what they want. This scenario illustrates that Purple Fashions is trying to achieve _________.
Business
1 answer:
Aleks04 [339]3 years ago
8 0

Answer:

Organizational effectiveness

Explanation:

Organizational effectiveness is the process by which an organization is effective at achieving its required goals and objectives. The principles by which an organization can achieve its objective are:

1) Leadership: the manager must define key objective an execute them daily in other to achieve high productivity.

2) Communication: the manager must ensure that his or her message is understood consistently in other to achieve outstanding results.

3) Accountability: the manager must ensure that his or her employees are well disciplined and has the ability to learn new things.

4) Measurement: the manager must be able to measure the work progress to know if the organization is running at a profit or loss.

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The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-
Ksenya-84 [330]

Answer:

contribution margin of nylon blankets = $64

contribution margin of wool blankets = $120

annual fixed costs = $743,000

sales mix = 75% nylon blankets, 25% wool blankets

weighted contribution margin = ($64 x 75%) + ($120 x 25%) = $78

if TBC wants ot make $115,000 in profits it must sell:

= ($743,000 + $115,000) / $78 = 11,000 units

TBC must sell 2,750 wool blankets and 8,250 nylon blankets.

The Blanket Company (TBC)

Income Statement

Sales revenue                   $1,804,000

Variable costs                    <u>($946,000)</u>

Contribution margin            $858,000

Fixed costs                         <u>($743,000)</u>

Operating income                $115,000

4 0
3 years ago
Write any five different between of profession and professional education.​
Kaylis [27]

Answer:

Profession is a field or work of life,which you choose in order to become a professional of that field. For example, Teaching is a profession and am a teacher which makes me a professional of that 

5 0
3 years ago
Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more
Leto [7]
The correct answer is an <span>Intertemporal<span> choice.

</span></span><span>Saving money is an </span>Intertemporal choice.<span> because it involves less consumption in the present, but the ability to consume more in the future. Its a personal choice which people make accordingly depending on their needs, money and time.</span>
5 0
4 years ago
The Second National Bank of Guthrie has opened an office in Chile. This office offers a full line of services and is not a separ
erma4kov [3.2K]

The Second National Bank of Guthrie has opened an office in Chile. This office offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie. The type of  office the Second National Bank of Guthrie open in Chile is the<u> Branch Office</u>

Explanation:

A branch office is one that  :

  • That offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie.

A branch office is a location, which is other  than the main office, where a business is conducted. A branch office consist of MANY smaller divisions of different DEPARTMENTS of the company such as human resources, marketing, and finance.

The main Difference between a branch office and a subsidiary is that a branch office   is not a separate legal entity of the parent corporation whereas  a subsidiary is a separate legal entity from the parent, although owned by the parent corporation.

6 0
4 years ago
A credit report is a _____.
svp [43]
A credit report is a detailed report of an individual's credit history.
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4 years ago
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