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Katen [24]
4 years ago
14

Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa

tion for excellent customer service will most likely result in_____________.
Business
1 answer:
Komok [63]4 years ago
7 0

Answer:

These are the options for the question:

a. product design excellence.

b. mission statement satisfaction.

c. sustainable price decreases.

d. a sustainable competitive advantage.

e. producer excellence.

And this is the correct answer:

d. a sustainable competitive advantage.

Explanation:

All the other options may be a indirect cause or consequence for Nordstrom's good reputation among the customers, but the direct advantage that this reputation provides is a competitive gain over its market adversaries.

Because the brand is well-regarded, and the clients are satisfied, it is likely that most of the customers are of the loyal type who, when making a purchase, will turn to Nordstrom before considering the competition.

This puts Nordstrom ahead of the competition, and as long as the service quality continues stable or improves even more over time, this advantage will prove sustaniable, and more importantly, profitable.

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Selma Inc. is comparing several alternative capital budgeting projects as shown below:ProjectsA B CInitial investment $80,000 $1
quester [9]

Answer:

The rank will be  

1.Project C

2.Project A

3.Project B

Explanation:

The profitability index formula is

(NPV + Initial investment) ÷ Initial Investment

We have to get this index for each project

Project A ($80,000+90,000)÷ $80,000=2. 125

Project B ($120,000+ 110,000)÷ $120,00 =1.916

Project C ($160,000+ 200,000)÷$160,000 =2.25

The higher profitability index is from Project C,  then Project A and finally Project B

4 0
3 years ago
What kind of interest group represents different facets of business interests?
kogti [31]
I would say that it would simply be a businessman's interest group or an association such as the Association of Mineral Exploration in the province of British Columbia, Canada that is an advocacy group for the businessmen to ensure they get the ear of the provincial government and so they can be a lobby group too.
4 0
3 years ago
The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Yuri [45]

Answer:

adopt

Explanation:

4 0
3 years ago
What is an opportunity cost of saving for the future?
LuckyWell [14K]

Answer:

The biggest opportunity cost regarding liquidity has to do with the chance that you could miss out on a prime investment opportunity in the future becse you can't get your hands on your money that's tied up in another investments.

Explanation

4 0
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Alex787 [66]
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5 0
4 years ago
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