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igor_vitrenko [27]
3 years ago
13

When its sales were declining, Canadian Airline conducted a marketing survey to understand the expectations of the business trav

eler, its target market. It learned business travelers resent that they are bosses in their own offices but are totally controlled by the airlines when they travel. Canadian Airline instituted gate-side business centers, shower facilities and massage chairs as well as continuous "power to the seat" for those who want to work on their laptops. By listening to its business travelers and providing the services they want, Canadian Airline's sales started increasing. What service recovery strategy did Canadian Airline use?
a. Learn from recovery experience
b. Respond quickly
c. Encourage and track complaints
d. Procedural fairness
Business
1 answer:
V125BC [204]3 years ago
6 0

<u>Answer:</u>

<em>A. Learn from recovery experience </em>

<em></em>

<u>Explanation:</u>

In light of this, service recovery is the choice an organization takes in response to help failures, with the point of changing the frustration of the client to fulfillment and in response to the longterm holding of these customers.

If an organization can eliminate service failures, they can figure out how to viably manage these failures, keeping up and upgrading their clients' fulfillment. A few touch points are not controllable by the carrier organizations; however, the aircraft is responsible for conveying the issues or defers that can happen while in the air terminal.

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During the introductory stage of the product life cycle__________.a) The company yields very high profits.b) There is significan
Artyom0805 [142]

Answer:

Letter c is correct. <u><em>The company is trying to recoup its marketing expenditures, such as promotions, research and development.</em></u>

Explanation:

The introductory phase of the product cycle is characterized by the insertion of the final product in the market.

In this phase the company focuses its efforts on the implementation of a marketing strategy such as promotions and advertisements that help reach the target audience. As it is a new product in the market, it is not common to have many competitors, but in return the profitability is also low, being common at this stage even financial losses.

Therefore, it is ideal to focus on customer-driven marketing so that the company begins to make profits.

7 0
3 years ago
Transfer prices are _____. A. costs of the segment producing the product or service B. revenues of the segment acquiring the pro
Arlecino [84]

Answer: the correct answer is D. none of these answers is correct.

Explanation: A transfer price exists for accounting purposes when diverse divisions on a multy entity company are in charge of their own revenues.

6 0
4 years ago
Several firms are operating in a market where they take the other firms' response to their actions into account. This market is
Gnesinka [82]

Answer: An Oligopolistic market.

Explanation:

An Oligopolistic market is a market where they are very few supplies of a product and as such they charge higher prices due to the reduced competition.

In such a market the firms have to be very mindful of how their actions will impact that of their competitors because with such few competitors, they could easily lose customers if another oligopoly decides to change prices for instance.

They generally avoid doing so though because a price change by one will lead to a price change by others which would end up reducing the total amount that each firm makes as the prices will usually go downwards not up unless they collude.

8 0
3 years ago
Ivanhoe Corporation has fixed costs of $412,800. It has a unit selling price of $4, unit variable cost of $2.40, and a target ne
saul85 [17]

Answer:

Break-even point in units= 1,064,250

Explanation:

Giving the following information:

Fixed costs= $412,800

Unitary variable cost= $2.4

Selling price= $4

Desired income= $1,290,000

<u>To calculate the sales in units required, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (412,800 + 1,290,000) / (4 - 2.4)

Break-even point in units= 1,064,250

3 0
3 years ago
Cost of merchandise sold reported on the income statement was $155,000. The accounts payable balance increased $8,000, and the i
RideAnS [48]

Answer:

Cash paid 168,000

Explanation:

Assuming that there were no inventory at start of the year

purchases during the year :

Sold                                                     = 155

Closing inventory                              = 21

Total purchase (155+21)                    = 176

Cash paid for merchandise = total purchase - increase in liability

Cash paid = 176-8 = 168

4 0
3 years ago
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