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xenn [34]
3 years ago
8

Businesses that strongly focus on customer satisfaction tend to: a. be less successful as there is deterioration in the quality

of the products they offer to their customers. b. develop new products for customers while compromising on its features when competition is tough. c. transform their current customers into loyal advocates for themselves. d. believe that the cheapest product represents the best value for customers.
Business
1 answer:
Brut [27]3 years ago
4 0

Answer:

c. transform their current customers into loyal advocates for themselves

Explanation:

Customer satisfaction is the utmost priority of the company.  By satisfaction its customers, the company could accomplish its set targets due to which is able to take the competitive advantage so that it could easy for the company for achieving its goals and objectives

The customer satisfaction with the company products when he or she feels that he or she invested the right amount at the right place  

So, the company aims to convert its current customers to permanent customers or current customers into loyal advocates

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Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.
kaheart [24]

Answer:

Given:

Amount = $5000

Tenure = 5 years.

Future value = Present value\times (1+r)^{n}

where

n is number of periods

r is rate per period.

(a) 6% compounded annually.

Interest is compounded annually

No of periods in 5 years = 5

Future value = 5000(1+0.06)^{5} = 5000 × 1.33823 = $6691.15

(b) 8% compounded annually

Interest is compounded annually

No of periods in 5 years = 5

Future value =5000(1+0.08)^{5} = 5000×1.46933 = 7346.65

(c) 10% compounded annually

Interest is compounded annually

No of periods in 5 years = 5  

Future value = 5000(1+0.10)^{5} = 5000×1.61051 = $8052.55

(d) 10% compounded semiannually

Interest is compounded semiannually

No of periods in 5 years is 5*2 = 10

Rate per period = 10÷2 = 5%

Future value =5000(1+0.05)^{10} = 5000×1.62889 = $8144.45

(e) 10% compounded quarterly

Interest is compounded annually

∴No of periods in 5 years = 5×4 = 20

Rate per period = 10÷4 = 2.5

Future value = 5000(1+0.025)^{20} = 5000×1.63862 = $8193.10

5 0
3 years ago
You are studying in your dorm room, but your neighbor is blasting the television in the adjacent room. when you gently request t
DiKsa [7]

I guess the correct answer is absolute threshold

You are studying in your dorm room, but your neighbor is blasting the television in the  adjacent room. When you gently request that your neighbor turn the volume down until you  cannot hear it, you are asking your neighbor to make the volume less than your absolute threshold.

6 0
3 years ago
Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
gogolik [260]
A(4billion)

Because I 4-(5-22)-2
7 0
3 years ago
Choose the best word or phrase from each drop-down menu. the federal reserve increases the money supply when it is trying to enc
Pie

Because raising the money supply boosts the economy, the optimal sentence from the drop-down box is (i) or (a).

<h3>What happens when federal reserves increase?</h3>

Increasing the money supply has a number of consequences which are:

To boost the economy, the Federal government expands the money supply.

Customers use credit because interest rates are lower when the money supply is high.

The unemployment rate is reduced when the money supply is increased.

When the money supply is increased, the economy generally grows because people have more money to spend.

As the amount of money available increases, loans will become more affordable, encouraging people to take out loans knowing that they will just have to pay lesser interest rates.

To learn more about money supply, refer below

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4 0
2 years ago
Read 2 more answers
When the relationship between government and interest groups becomes entangled and tight with some groups having formal governme
Talja [164]

Answer: Neo-Corporatism.

Explanation:

Neo- Corporatism emerged in resent times as a successor to State Corporatism. State Corporatism was a system whereby interest and labor groups were supposed to work together for the good of society. These were most prevalent in authoritarian regimes like Nazi Germany and post communist Lithuania.

Recently though, in some Democratic countries, interest groups have chosen to work with the Government to improve the lives of the people and enable the Government reach out deeper. These Peak Associations as they are often called help the Government compete economically and are very prevalent in countries and regions such as, Germany, Switzerland, Austria and Scandinavia.

6 0
3 years ago
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