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3 years ago

What were your consideration in selecting your costumer?

Business

2 answers:

sammy [17]3 years ago

7 0

Answer:

If you are planning on starting a business, the most important thing that must you must define is who are your potential customers and what needs are you going to satisfy. Your customer is the person (or business) that buys your product or service, but your product or service must be something they need.

You must ask yourself:

What do my customers need and want?
How can I satisfy those needs and wants?
How can my customers know that my product or service will satisfy their needs and wants?

Once you have answered those questions, you will have a better idea of how to start your business, what products or services to offer and how to reach your potential customers.

Bad White [126]3 years ago

5 0

Selecting your customer is essential in the business so as to focus efficiently your resources to the type of demand customers entail. In the consideration of the selection, this includes the age bracket, economic status, cultural upbringing, sex, and many more other factors. There is an exhaustive list of factors to consider.

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Beach Surf Boards is making a decision on whether to add long boards as a new product line to complement its short boards. A rec

Verizon [17]

Answer:

profit increase by 750 dollars

Explanation:

We must base our analisys considering only the loan board associated cost:

<em><u>contribution per long board:</u></em>

300 sales price - 225 variable cost = $75

total contribution for 250 units:

250x$75 = 18,750

<em><u>increase in fixed cost:</u></em>

69,000 - 51,000 = 18,000

incremental operating profit:

18,750 contribution - 18,000 fixed cost = 750

4 0

3 years ago

question 1 a data analyst identifies and classifies keywords from customer reviews to improve customer satisfaction. this is an

ehidna [41]

When a data analyst identifies and classifies keywords from customer reviews to improve customer satisfaction, this is an example of categorizing things.

Data can be defined as a representation of factual instructions (information) in a formalized and structured manner, especially as a series of binary digits (bits) or strings that are used on computer systems in a company.

<h3>Who is a data analyst?</h3>

A data analyst can be defined as an expert or professional who is saddled with the responsibility of inspecting, transforming, analyzing, and modelling data with the sole aim of discovering useful information, providing insights, and creating informed conclusions, so as to support decision-making.

<h3>The data analyst six (6) problem types.</h3>

Generally, there are six (6) problem types that are associated with a data analyst and this include the following:

Making predictions
Categorizing things
Spotting something unusual
Identifying themes
Discovering connections
Finding patterns

In this context, we can infer and logically deduce that a data analyst identifying and classifying keywords from customer reviews in order to improve customer satisfaction is an example of categorizing things.

Read more on data analyst here: brainly.com/question/27853454

#SPJ1

3 0

1 year ago

Rescooperate Ice Cream Shop recently analyzed their books. They found that in the past year, they made $100,000 selling ice crea

kherson [118]

Answer:

A. profit.

Explanation:

We know,

Net Income (profit) = Sales revenue - the cost of goods sold and operating expenses

Here,

The Ice Cream shop made $100,000 on sales revenue. However, the expenses of the shop include supplies and factory space, i.e., rent expense is $75,000.

Therefore, Net Income (profit) = $100,000 - $75,000 = $25,000

Since the sales revenue exceeds the expenses, the company gets a profit. So, <em>option A</em> is the answer.

7 0

3 years ago

You got asked to analyze a 5-year project for your firm. The project produces an annual revenue of $28,000, but requires an annu

irina [24]

Answer:

The interest rate is i = 53.82%

Explanation:

Initail cost = 18.000

Salvage value = 0

Life = 5 years

Annual revenue = 28000

Annual cost = 6000

Net revenue = 28000 - 6000 = 22000

Tax rate = 40%

Depreciation per year = (Purchase value - Salvage value ) / life = 18000 / 5 = 3600

Taxable income = Net cash flow - Depreciation = 22000 - 3600 = 18400

Tax = Tax rate * Taxable income = 0.4 * 18400 = 7360

ATCF = Taxable income - Tax + Depreciation = 18400 - 7360 + 3600 = 10960

Let IRR be i%, then,

-18000 + 10960 * (P/A, i%, 5) = 0

(P/A, i%, 5) = 18000 / 10960 = 1.642336

Using trail and error method

When i = 50% , value of (P/A, i%, 5) = 1.736626

When i = 51% , value of (P/A, i%, 5) = 1.711012

When i = 53% , value of (P/A, i%, 5) = 1.661749

When i = 54% , value of (P/A, i%, 5) = 1.638054

Using interpolation

i = 53% + (1.661749 - 1.642336) / (1.661749 - 1.638054) *(54% - 53%)

i = 53% + 0.819%

i = 53.82%

7 0

3 years ago

A long-term planned approach to making investments is called

Nuetrik [128]

I believe its called a Systematic Investment Plan?

8 0

3 years ago