Answer:
It is the journey or buying process that consumers go through to become aware of, evaluate, and purchase a new product or service, and it consists of three stages that make up the inbound marketing framework: awareness, consideration, and decision.
Answer:
Companies must be prepared at all times to add to or adapt their product lines to satisfy the desires of customers for them to remain competitive.
Explanation:
One of the strategies companies to remain competitive is to adjust to the demand of customers. This will allow a company to retain current customers and win potential new customers.
Although this strategy may require additional fund but failure to adapt and add new product lines that satisfy wants of the customers can the company out of business.
Therefore, companies must be prepared to add to or adapt their product lines to satisfy customers' desires in order to remain competitive.
Answer: 57,550 units
Explanation:
When using the weighted average method, the units completed and transferred out are assumed to include the opening inventory.
The weighted average equivalent units are therefore:
= Units completed and transferred out + Equivalent ending units
= 57,000 + (10% * 5,500)
= 57,000 + 550
= 57,550 units
Answer:
VOLUNTARY TURNOVER
Explanation:
Voluntary turnover refers to a kind of change that happens when workers choose to exit their jobs voluntarily. For a number of different reasons workers can choose to abandon the jobs. Workers may feel unhappy with their job or rewards, may be pursuing a new career or could have acknowledged another bid.
One way to mitigate the volunteer turnover would be to make some effort in the recruitment process to assess the "work match" or work appropriateness of a candidate for a given position. Employers will try to evaluate the probability that certain potential employees in current jobs would feel content and motivated.
