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lbvjy [14]
4 years ago
13

Calvin knew his small local hardware store could not compete on price with the big-box discounters so he began offering classes

for new homeowners and found other ways to provide services the bigger stores don't. Calvin's competitive edge is:
Business
1 answer:
Dafna1 [17]4 years ago
3 0

Answer:

Customer focus

Explanation:

Customer focus is a business philosophy that places the customer at the center of all business development and management decisions. It is a marketing approach also, that involves products and services to be developed around consumer’s preferences.

You might be interested in
What is “a highly unreasonable omission or misrepresentation involving an extreme departure from the standards of ordinary care
Tatiana [17]
The correct answer is reckless conduct.
Reckless conduct is the term which refers to someone's actions which deviate from what was prescribed. So, when someone does something they were not supposed to do or fails to do something they were supposed to do, that will count as reckless conduct or behavior.
6 0
4 years ago
Printing and copying costs have skyrocketed at your company, and the company will begin charging employees for all hard copies o
rjkz [21]

Answer:

Ethical

Explanation:

The indirect approach is used when you want to convey a message in an explanatory and justified manner for reasons that lead the sender to gain trust and credibility. Regardless of why the communication is unethical, the sender will use ethical indirect approach to send your message smoothly and justifiably for the sake of greater benefit.

3 0
3 years ago
Alan Jackson invests $20,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 yea
kondaur [170]

Answer:

a. $32,800

b. $37,019

c. $37,460

Explanation:

a. The computation of Total Amount Withdrawn by Alan when simple interest is shown below:-

Accumulated amount of money = Invested amount + (Rate of interest × Number of years)

= $20,000 + ($20,000 × 8% × 8)

= $32,800

b. The computation of Total Amount Withdrawn by Alan when annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest)^Number of years

= $20,000 × (1 + 0.08)^8

= $20,000 × 1.85093

= $37,019

c. The computation of Total Amount Withdrawn by Alan when semi annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest × Number of years ÷ 200)^16)

= ($20,000 × (1 + 0.08 × 8 ÷ 200)^16)

= $20,000 × 1.87298

= $37,460

Therefore we have applied the above formulas.

5 0
4 years ago
You made an investment of $15,000 into an account that paid you an annual interest rate of 3.8 percent for the first 8 years and
bixtya [17]

Answer: 6.22%

Explanation:

To find the annual rate of return, find the geometric mean of the returns:

= ¹⁸√ (1 + 3.8%)⁸ * (1 + 8.2%)¹⁰ - 1

= ¹⁸√ 2.9638173484126186153 - 1

= 1.0622187633434 - 1

= 6.22%

3 0
3 years ago
Under market organization, individuals can communicate their preferences to other decision makers directly, through communicatio
frez [133]

Answer:

2. False

Explanation:

Market organization refers to the ways goods and services are bought and sold in the market.

Under market organization, individuals can communicate their buying decisions and their preferences and tastes directly to their peers and known ones which eventually affects the latter's decision making. This is a direct way of communication.

Similarly, another form of communication would be indirect wherein an individual conveys his/her choice of with whom they want to transact with rather than their preferences. Here the communication is indirect and this is a realistic possibility.

Hence the given statement is false.

3 0
4 years ago
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