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Ivanshal [37]
2 years ago
6

Ryan is trying to dispel the myth that the role of salespeople is to "sell refrigerators to Eskimos." He tells his salespeople t

hat their organization needs to be a customer-centric organization that helps customers:
A. by identifying problems.
B. by finding information about potential solutions.
C. by providing after-sale service.
D. by making the customer the center of their efforts.
E. all of the above.
Business
1 answer:
masha68 [24]2 years ago
5 0

Answer:

E. All of the Above

Explanation:

A customer centric organisation represents an organisation that puts the customer of its products as well as their experience with the product at the centre of its activities. Customer satisfaction both before and after sales of products is core to such organisations.

Since, Ryan is trying to promote a customer centric organisation which emphasizes satisfaction before and after sales, then all the options listed are important.

Salespeople should be able to identify customer problems while trying to purchase and during use, salespeople should not only identify these problems but must also find and suggest potential solutions to them.

After-sale service is core because customer experience with the product of such organsation is also as important as their buying experience.

Finally, since all these activities are customer centered, it is good to assume that such organisations and their salespeople make their customers the center of their efforts.

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A company's net sales were $676,600, its cost of goods sold was $236,810 and its net income was $33,750. Its gross margin ratio
algol13

Answer:

13.01%

Explanation:

Gross Margin Ratio = \frac{Net Sales - Cost of Goods Sold}{Net Income}

Gross Margin Ratio = \frac{676,000 - 236,810}{33,750}

Gross Margin Ratio = \frac{439,190}{33,750}

Gross Margin Ratio = 13.01%

Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.

7 0
3 years ago
Sam and Lisa run a catering business in which they have two major tasks: getting new clients and preparing food for events and p
igomit [66]

Answer:

In this scenario, <u>LISA</u> has both an absolute advantage in food preparation, and <u>LISA</u> has a comparative advantage in food preparation.

Assume that initially, Sam and Lisa are splitting both tasks for a large number of events. Then they decide to start shifting some work according to the principle of comparative advantage. In particular, the person with the comparative advantage in food preparation will take over preparing food for one more event, and the other person will use the freed-up time to get more clients. As a result, the total number of events for which food is prepared will remain unchanged, but the number of new clients will increase by <u>1</u>.

Before they were getting 3 new customers since Sam got 2 and Lisa 1, but since Sam will only look for clients, then the total number of clients will be 4 (or 1 more).

Explanation:

It takes Sam 12 hours to prepare the food for an event and 3 hours of effort to get each new client.

  • Sam's opportunity cost of preparing food = 12/3 = 4 new clients
  • Sam's opportunity cost of getting new clients = 3/12 = 0.25 of food preparation

For Lisa, it takes 10 hours to prepare food for an event and 5 hours to get a new client.

  • Lisa's opportunity cost of preparing food = 10/5 = 2 new clients
  • Lisa's opportunity cost of getting new clients = 5/10 = 0.5 of food preparation
7 0
3 years ago
An electric vehicle that offers a new, longer lasting battery at the existing prices is an example of a company focusing on:____
Sever21 [200]

An electric vehicle that offers a new, longer-lasting battery at the existing prices is an example of a company focusing on customer value.

In sales, commerce, and economics, a patron is the recipient of a great, provider, product or concept - received from a supplier, dealer, or supplier through a monetary transaction or trade for money or some different treasured consideration.

A customer is a person or business that purchases some other corporation's goods or services. customers are important because they pressure sales; without them, groups can not continue to exist.

An instance of a customer is someone who is going to an electronics shop and buying a tv. (informal) someone, especially one engaging in some kind of interaction with others.

Learn more about customer here:brainly.com/question/380037
#SPJ4

8 0
1 year ago
Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a me
amid [387]

Answer:

is a medium of exchange but not a unit of account

3 0
2 years ago
At December 31, 2017, Shorts Company had retained earnings of $2,184,000. During 2017, the company issued stock for $98,000, and
marta [7]

Answer:

Beginning retained earnings = $1816000

so correct option is C) $1,816,000

Explanation:

given data

retained earning = $2,184,000

issued stock = $98,000

paid dividends = $34,000

Net income = $402,000

to find out

retained earnings balance

solution

we know that Ending retained earnings equation is

Beginning retained earnings + Net income - Dividends = Ending retained earnings

put here value we get

Beginning retained earnings

so

Beginning retained earnings + $402,000 - $34,000 = $2,184,000

Beginning retained earnings = $1816000

so correct option is C) $1,816,000

7 0
2 years ago
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