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Sauron [17]
3 years ago
8

Clearwater Hampers is a small British company that sells luxury food and drink gifts in various combinations in picnic hampers.

Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products." A corporate customer wanted to give similar Clearwater hampers to its customers who come from a variety of different ethnic backgrounds. The cultures of some clients disapprove of eating pork and drinking alcoholic beverages. This unique request would require Clearwater to act as a _____ so that each individual gift was culturally appropriate.
Business
1 answer:
Nikolay [14]3 years ago
8 0

Answer:

The correct phrase for the blank space is: creative problem solver.

Explanation:

Companies have to adapt to their customers to attract more of them, moreover, when the institutions have a presence in different regions worldwide. In such scenarios, they have to act as creative problem-solvers to adjust what the consumer desire and what the institution has projected to offer.

Firms must conduct different market research to gather more information on their target market and should study the resources it counts on to satisfy those individuals' expectations.

You might be interested in
The Kingwood Company reported net income of $40,000 and average total assets of $440,000. Calculate the company's return on asse
Svet_ta [14]

Answer:

return on assets= 0.09= 9%

Explanation:

Giving the following information:

The Kingwood Company reported a net income of $40,000 and the average total assets of $440,000.

To calculate the return on assets, we need to use the following formula:

return on assets= net income / average total assets

return on assets= 40,000 / 440,000= 0.09

4 0
3 years ago
What is the price of a perpetual bond that pays a $45 per year into perpetuity, and has a 3.5% yield to maturity (YTM)
snow_tiger [21]

Answer:

Price =$1,285.71

Explanation:

<em>A perpetual bond is that which pays a fixed amount of interest income for the foreseeable future. It issuer does not always have an obligation for redemption under the terms of loan contract.</em>

The price of   perpetual bond can be determined as the present value of a perpetuity. An perpetuity is an annuity that pays a fixed amount of cash flow for a certain number of years

PV = A/r

PV- price of bond- ?

A- annual interest - 45

r- Yield to maturity- 3.5%

Price = 45/0.035=1,285.714

Price =$1,285.71

6 0
4 years ago
Why do current and available balances sometimes show different amounts of money in the same account?.
mamaluj [8]

Answer: The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed.

Explanation:

6 0
2 years ago
In the month of November Sunland Company wrote checks in the amount of $53300. In December, checks in the amount of $72910 were
topjm [15]

Answer:

outstanding checks at the end of December = $14,748

Explanation:

Checks Written

November $53300

December  <u>$72910</u>

                  <u>126,210</u>

Checks Presented

November    $48776

December   <u>$62686</u>

                    <u>1111,462</u>

<u />

<u />

<u>126,210</u>  -  <u>1111,462 = 14,748</u>

7 0
4 years ago
On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following informati
BlackZzzverrR [31]

Answer:

The answer is $243,000

Explanation:

The inventory on July 8 immediately prior to the fire is the CLOSING INVENTORY.

To find this closing inventory, we need to find the gross profit first and then cost of sales.

To find gross profit:

Gross profit margin=gross profit ÷sales.

Gross profit margin is 20% or 0.2

Sales is $690,000

Therefore, gross profit is:

0.2 x $690,000

=$138,000

To find cost of sales:

Gross profit = sales - cost of sales.

Gross profit is $138,000

Sales is $690,000

Therefore, cost of sales is

$690,000 - $138,000

=$552,000.

And finally to get closing inventory:

Cost of sales = opening inventory + purchases - closing inventory.

Cost of sales = $552,000

Opening inventory = $140,000

Purchases = $655,000

Closing inventory = $140,000+$655,000-$552,000

=$243,000.

6 0
4 years ago
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