Answer:
<u>Internal marketing</u>
Explanation:
Internal marketing is the actions and training that a company provides its employees to leverage their skills and competencies to motivate and maximize their productivity and customer service. Quality in interacting with customers is as important as their experience with products, so when employees have the techniques of interaction and positive customer approach, it is ideal for creating a climate of credibility and reliability that helps retain and attract new customers.
Answer:
Conversion Cost Equivalent units FIFO 39, 125
Explanation:
Beginning WIP 5,000 30% completed
transferred units 39,500
ending WIP 4,500 25% completed
<u>The equivalent units will be:</u>
the transferred units
- complete portion for the beginning WIP
+ complete portion of the ending WIP
transferred out 39,500
work in previous period
5,000 x 30% = (1,500)
worked but not complete
4,500 x 25% = <u> 1, 125 </u>
Equivalent units FIFO 39, 125
Answer:
To devise their business strategy accordingly
Explanation:
The USAA is an auto-insurance company and with a wide array of customers, information such as will lead them to further invest and provide more services that can cater the singular most serviced auto part. This can lead to a rise in the trust and loyalty of the customers.
The collection of such data can be beneficial for the company as it can use it to devise the information to shape its policies accordingly. The most frequently fixed auto part information can lead the company to provide more easy and accessible service to its customer. This would ensure a geometric growth in the customers. By providing relaxed services and lesser charges on the service, USAA can garner a lot of new customers.
Answer: Fall in revenue
Explanation:
A decrease in demand means a lower level of demand compare to the previous period. A price taking firm means that the firm cannot determine the price in the market. Profit maximising level of output means the output level that gives the highest profit.
A fall in demand without an increase in price at a profit maximising level of output will lead to a fall in revenue and profit all things being equal.