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Serhud [2]
3 years ago
10

What is the first thing you should do when a customer requests a sale item once you’ve determined that item is out of stock? Tel

l the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock Refer the customer to a competitor who has the item in stock Offer the customer a substitute item
Business
1 answer:
ipn [44]3 years ago
7 0

Answer:

Tell the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock

Explanation:

Customer<em> retention</em> is important as well as <em>meeting their specific needs</em>. It is unwise to turn back a customer and refer them to a competitor, this may mean loss of business (currently and in the future). Also it is unwise to offer a substitute item as this will not meet their needs (though you may want to inform them of the substitute item if they are interested).  Issue the customer a raincheck for the item that is out of stock is the best way to go and keep the business.

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Which category of environmental forces in international marketing would involve: Coors Brewery attempting to sell its beer in Ir
romanna [79]

Answer:

Competitive Forces

Explanation:

Competitive Forces are factors and variables that threaten a company's profitability and prevent it dominance on setting high prices and monopoly. The number and power of a company's competitive rivals and substitute products influences how the company makes profits.

Competitive Forces can be grouped into two which are;

Direct Forces: This determines how low the floor can go for a price competition

Indirect Forces: This places a cap on market's prices and profits

Coors Brewery attempting to sell its beer in Ireland competing against Guiness Beer... Or attempting to sell its beer in Australia competing against Fosters beer is an example of Competitive Forces because by attempting to sell its beer in either of Ireland or Australia to compete with Guiness Beer or Fosters Beer, there will be competition in the Industry, thus, the larger the number of equivalent product and services offered, the lesser the power of a company.

Suppliers and Buyers alike seeks for a company's competition and see if they are able to offer better deals and lower prices.

If Coors Brewery is able to offer better deals or lower prices In Ireland or Australia as against Guiness or Fosters Beer, there will be competitive rivalry as they will become a direct force competition that will determine how low the price of beer will go in the two countries respectively

3 0
3 years ago
Read 2 more answers
There are two routes for driving from A to B. One is freeway, and the other consists of local roads. The benefit of using the fr
STALIN [3.7K]

Answer:

a) attached below

b) stable equilibria = x = 0.1 , x = 0.8

   unstable equilibria = other value except 0.1 , 0.8

c) 0.5 , 0.6

Explanation:

Benefit of using the local roads = 1 + 8x - 9x^2

Benefit of using the free way = 3.6

a) Attached below is the required graph

<u>b) Determine The possible equilibrium traffic patterns from the graph </u>

stable equilibria : x = 0.1 ,  x = 0.8 ( this id because at these given value the benefits of using either routes is equal )

unstable equilibria :  every other value of X except 0.1 and 0.8

<u>c) Determine the value of x that maximizes the total benefit to the population</u>

The value of X that maximizes the total benefit to the population = 0.5 and 0.6

attached below is the detailed solution

5 0
3 years ago
The fictional country of Alpetra increases the income tax rate so that tax revenues increase by $50 million. If GDP, consumption
bezimeni [28]

Answer:

There is no change in investment for Apletra.

Explanation:

Because GDP, consumption, and government spending remains the same there would also be no chane in investment for Alpletra.

5 0
3 years ago
Victryl Company applies overhead based on direct labor hours. At the beginning of the year, Victryl estimates overhead to be $70
yan [13]

Answer:

correct option is a. $1,700 over head applied

Explanation:

given data

overhead = $700,000

machine hours = 200,000

direct labor hours = 35,000

Feb, direct labor hours = 5,000

Feb, machine hours = 10,000

Feb, actual overhead = $98,300

solution

we know overhead rate that is

overhead rate = \frac{Budget overhead}{allocation base}

overhead rate = \frac{700000}{35000}

overhead rate = $20 per hours

and in Feb for 5000 direct labor hour

overhead =  5000 × $20  = $100,000

so

over head applied = $100,000 - $98300

over head applied = $1700

so correct option is a. $1,700 over head applied

8 0
3 years ago
Match each term with the best definition given blow. Note: Not all definitions will be used.
Virty [35]

Answer:

1. Allocation Base

Definition: A measure that causes or influences the incurrence of a cost.

2. Direct Labor Time

Definition: A source document that shows how a worker spent time each week.

3. Ticket Indirect Costs

Definition: Costs not easily traceable to producing a product, job or service.

4. Job Coat Shoot

Definition: A detailed record of costs incurred to complete a specific job.

5. Job Order Costing

Definition: An accounting system used by companies that offer customized or unique products or services.

6. Materials Requisition Form

Definition: A form that lists the quantity of direct materials to be used in a job.

7. Overapplied Overhead

Definition: The amount of actual overhead is less than the applied overhead.

8. Underapplied Overhead

Definition: The amount of actual overhead is greater than the applied overhead.

9. Predetermined Overhead

Definition: Estimated manufacturing overhead divided by estimated cost driver.

10. Rate Process Costing

Definition: An accounting system used by companies to make standardized or homogeneous products or services.

3 0
3 years ago
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