Answer: If i am the general manager of the organization i will try to make a survey about customer relation in other competitive organization before i can conclude whether it is wise to cut down cost through removing giving out free gifts to customers like the free pop corn, coffee etc. Customers will choose other organizations where they can get the same quality service and other benefits especially in a perfectly competitive market. Rather i will suggest more profit can be made by slightly increasing the cost of services rendered to customers from which the cost of the freebies can be regained.
Explanation:Customer's satisfaction and profit maximization are the two main objectives of a firm. It is only when an organization is able to maintain good customer relationship with their customers that profit can be maximized regardless of how efficient their other services are.
Research has found that employees whose managers participated in leadership training programs reported higher levels of organizational commitment afterwards.
<h3>Why is leadership development crucial for a company?</h3>
Managers and leaders are often encouraged through leadership skills training to: Discover fresh, creative approaches to managing and developing people.create fresh business chances.
Take on the bigger socioeconomic problems they are facing.
<h3>How might leadership abilities enhance work performance?</h3>
Effective leaders are ready to encourage their team, handle and assign tasks, hear criticism, and have the pliability to address issues in a workplace that is always evolving.
These are the qualities that hiring managers search for in candidates for leadership positions.
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Answer:
<em><u>The correct answer is: </u></em>Markets evolve toward greater heterogeneity over time.
Explanation:
The history of cell phones shows a marketing trend that markets evolve towards greater heterogeneity over time.
This occurs in relation to market segmentation, that is, organizations identify groups of consumers with similar tastes and develop all their marketing actions to reach a certain demand according to their needs, tastes and preferences. Market segmentation creates a heterogeneous market, with differentiated products in terms of functionality, design, price, benefits, etc., so that existing demands are met.
Answer:
False
Explanation:
Farm cooperatives remain by far the most important food source in the world, both for direct human consumption and, indirectly, for livestock production inputs.
Since the mid-sixties, the world has managed to increase cereal production by almost one billion tons.
The business has expanded in recent decades, becoming a very prosperous industry.
Given:
Checking account balance: 3,100.55
Add: note collected 600
deduct:
NSF 60.50
service charge: 12.55 <u> (73.05)</u>
reconciled checkbook bal. 3,627.50
The deposit in transit for 400 was already included in the 3,100.55 balance. That is why it is not included in the reconciliation.
