All categories

3 years ago

Which value gap refers to a company’s failure to accurately assess what customers really want?

Business

1 answer:

fiasKO [112]3 years ago

5 0

Answer:

The correct answer is: Service Quality Gap.

Explanation:

The Service Quality Gap refers to the difference between what a company understands a customer's desires and what must be really done to satisfy that consumer. Firms should make all the efforts in their hands to close that breach and provide the customer with the good or service they need to keep their businesses going. When the gap is not closed, the customer's loyalty fails, pushing them to look for different options in other organizations.

You might be interested in

The number and characteristics of sellers and buyers are known as _____.

loris [4]

Answer:

The number and characteristics of sellers and buyers is called market structure.

Explanation:

hope it help

8 0

3 years ago

A sum of $46875 was lent out at simple interest and at the end of 1 year 8 months, the total amount was $50000. Find the rate of

tino4ka555 [31]

Answer:

Explanation:

Simple interest is calculated using the formula

I = p x r x t

in this case, the interest I is the total amount-principal amount

I = $50,000- $46,875

=$3,125

$3,125 = 46,875 x r x 1 year 8 months

$3,125 =46,875 x r/100 x 1.67

3125=78,281.25 x r/100

$3125 x 100 = 78,281.25 x r

$312500= 78,281.25

r=312500/78,281.25

r=3.992

r=4%

5 0

3 years ago

Approximately two decades after a "baby boom," one could expect___________.

lana [24]

Answer:

b. an outward shift of the production possibilities curve along both axes

Explanation:

As we know that outward shift refers to the growth.

Baby boomers is a term used for the human generation born between 1946 and 1964 after the end of world war 2 when the birth rate across the world was narrowed and thereafter the emerging births of new infants were known as Baby Boom.

The main reasons of this outward shift were:

People started new families to cover the life gap of the loved ones they lost during the world war
People hoped that coming era will be of peace and business growth which they actually saw thereafter
People hoped to see the economic growth in upcoming years leading them towards business expansions and production growths as well

7 0

3 years ago

Garth decided to move out of a small homestead home and into a larger more expensive one. The market value of his old home at th

blsea [12.9K]

Answer:

$200,000

Explanation:

we must first determine the assessed value not taxed on Garth's old home:

market value of Garth's old home - assessed value = $250,000 - $175,000 = $75,000

now we subtract $75,000 from the market value of Garth's new home:

$325,000 - $75,000 = $250,000 = adjusted assessed value of Garth's new home

The taxable value of Garth's new home (for city taxes) = adjusted assessed value - homestead exemptions (for city taxes) = $250,000 - $50,000 = $200,000

8 0

3 years ago

As a manager seeks to develop her leadership skills, she should be aware that:

avanturin [10]

Answer:

b. Many different styles of leadership can be effective.

Explanation:

Leadership is the ability of a person to motivate others to deliver on set goals and objectives.

Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.

There are different leadership styles that are all effective depending on the situation

Authoritative leaders states the way things should be done with little input from the team.

Democratic leadership is when the leader gets feedback from the team and uses it to make decisions.

Free rein is when the leader allows the team do what they like in achieving goals.

Task oriented leadership focuses mainly on the task at hand.

7 0

4 years ago