Organizations can lock in suppliers by making it difficult to switch to another organization or by <u>making it easy to work with the organization.</u>
What is the purpose of creating Lock-In?
'Lock in' aims to make it difficult for customers to switch from your brand or offering to a competitor's offering. It can accomplish this by increasing switching costs or the effort required to transfer (soft lock-in) and providing positive reasons to stay, such as superior brand experience or incentives.
Benefits of Lock-In:
- Regular customers: Because of the lock-in mechanism, customers will make a subsequent purchase.
- Customer data: Track customer purchase behaviour over time and predict trends, allowing your company to adapt to their needs and potentially increase purchase frequency or basket size.
- Predict cash flow: Organization can estimate more accurate cash flow, which can aid in consistent organization's growth.
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Answer:
I will recommend a c chart
Explanation:
From the question, we have:


First, it should be noted that a chart is used for a count datatype (in other words, numerical values) and they are usually discrete (i.e. whole numbers).
<em>Notice that all the given data are whole digits.</em>
Also, the c chart is to be used when the number of noncomformities are known because through the c chart shows the process of the noncomformities over specific time.
Answer:
A/V technology and the performing arts
Explanation:
Answer:
Losses for the producers of Waterworld, if they finished the movie would be <u>$50 million</u>. If they did not finish the movie, losses would be <u>$130 million.</u>
Explanation:
This is because, the difference between all their expenses in making the movie and the revenue generated is actually <em>$50 million</em>. This happens to be their losses while on the other-hand, if they didn't finish making the movie, it would be <em>$130 million </em>(aside the cost spent in finishing the movie after rebuilding the set)
<em><u>answer</u></em>
Procedure for Registering a Partnership Firm
Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...
Step 2: Selection of Name of the Partnership Firm. ...
Step 3: Certificate of Registration