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deff fn [24]
3 years ago
14

A management concept based on an understanding of the changing wants and needs of customers, and which leads to flexible product

designs and production processes, is called: Multiple Choice Continuous improvement. Customer orientation. Just-in-time. Theory of constraints. Total quality management.
Business
1 answer:
Anna71 [15]3 years ago
8 0

Answer: The answer is Customer Orientation.

Explanation:

Customer orientation is defined as the process whereby companies focus on determining all the needs of their customers, even as the needs change, in order to be able to design their products and services to meet the dynamic needs of their customers.

Customer orientation is important because it helps to identify customers' real needs, and satisfy them better than competitors. This is a guarantee that a company will retain its customers.

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After a large hotel chain discovered that their computer systems had been hacked and customer credit card information had been a
Gnesinka [82]
The hotel's quick action in response to a serious situation was likely due to CYBER SECURITY BREACH. It is a threat not only to the customers but to the hotel business as well because with this breach, customers will find it hard to trust said hotel again. 

Because confidential data like credit card information were stolen, they need to immediately inform their customers to ensure that the customers will take the necessary steps in protecting themselves from having their identity stolen and from having their credit cards used in purchasing items they are not aware off. 
4 0
4 years ago
What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?
Stolb23 [73]

Answer:

The present value is $0.86.-

Explanation:

Giving the following information:

Future Value (FV)= $1

Number of periods (n)= 3 years

Interest rate (i)= 5% = 0.05

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 1/(1.05^3)

PV= $0.8634

The present value is $0.86.-

3 0
3 years ago
The bedside prayer, said just before funeral arrangements are made, is performed by the buddhist ____.
Greeley [361]

Buddhist priest or bonze


8 0
4 years ago
I will give BRAINLY<br><br> I need any career name plz
schepotkina [342]

You can be a streamer!

Two Benefits of being a streamer is.

  • You can earn money.

  • Companies can promote your channel.

Two drawbacks of being a streamer is.

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  • You can forgot about uploading and may lose subscribers.

Let me know if you have any questions.

~ Lily from Brainly.

7 0
3 years ago
If a project has a net present value equal to zero, then: I. the present value of the cash inflows exceeds the initial cost of t
Over [174]

Answer:

ii, iii, iv

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

If the present value of the cash inflows exceeds the initial cost of the project,  NPV is positive

If the present value of the cash inflows is less than the initial cost of the project,  NPV is negative

7 0
4 years ago
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