1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr_godi [17]
3 years ago
12

You receive a memo that reads as follows: "In recent months, our customer evaluations have dropped, and our sales have decreased

by 10 percent. To restore our business, we will do the following: (1) We will contact all of our customers and offer a 10 percent discount on their next purchase. (2) For the customers who spend more than $1,000 per year, we will invite them to join our Insiders’ Club, which gives them discounted tickets to concerts and sporting events. (3) Effective immediately, we will begin staffing our call center 24 hours a day, 7 days a week. (4) Customer-service personnel will be given more discretion in helping customers resolve problems, with minimal interference from supervisors." This memo is a(n)
Business
1 answer:
Diano4ka-milaya [45]3 years ago
6 0

Answer:

Action plan

Explanation:

An action plan is a detailed plan outlining actions needed to reach one or more goals.

An action plan as a "sequence of steps that must be taken, or activities that must be performed well, for a strategy to succeed

You might be interested in
You want $1,000,000 when you retire in 40 years. You decided to save some money every year next 40 years for your retirement. Yo
Lemur [1.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) You want $1,000,000 when you retire in 40 years. It earns 6 percent annually.

We need to use the following version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

FV= 1,000,000

n=40

i=0.06

A= (1,000,000*0.06) / [(1.06^40)-1]

A= $6,461.53

B) You decided to contribute $500 a month into a fund that is expected to earn 6 percent, compounded monthly. If you start the contribution a month from today for 30 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

n= 30*12= 360

i= 0.06/12= 0.005

A= 500

FV= {500*[(1.005^360)-1]}/0.005= $502,257.52

3 0
3 years ago
An internet company gives their old computer system to the computer science department at a local high school. How would GDP be
trapecia [35]
The Gdp would increase I believe
3 0
3 years ago
Is it safe to buy scented candles from online sties?
Natasha2012 [34]

Answer:

Yes

Explanation:

But from known sites which have a claim, guarantee and are frequently used by or have have been experienced by your close ones. If the site is asking for too much personal info avoid using it.

8 0
3 years ago
Read 2 more answers
Choose the indicator that is not relevant in identifying a company's present strategy Select one: A. management's planned, proac
BigorU [14]

Answer:

The correct answer is the option E: moves to respond and react to changing conditions in the macro-environment and in industry and competitive conditions.

Explanation:

To begin with, when it comes to know and develop the business strategy from a company the most important factors to have in mind are all the key functional strategies, the mission, strategic objectives and financial objectives. As well as the strategic role that the companies who have an alliance with the company have. The management's plan to outcome the rivals is also super important. And finally the moves to respond to changing conditions in the macro-environment are very important things to have in mind but when it comes to describe one's strategy in the business that is not fundamental due to the fact that those moves will appear eventually when the occasion arises, so that is why that is answer.

5 0
4 years ago
Normally, BC bottling company attaches plastic labels to its bottles. However, a new company is launching a product that require
stellarik [79]

Answer:

Need recognition

Explanation:

Need recognition is the first stage of Business to business (B2b) buying process. The new requirements for labeling created a need. The bottling company now recognizes there is a NEED for the latest fabric labels.

Generally need recognition occurs because of either an internal need or customer need. This however is an example of internal need where the company feels the use of fabric label gives a better representation of their products than using plastic label.

5 0
4 years ago
Read 2 more answers
Other questions:
  • Jackson Plumbing, a medium-sized company, wants to guarantee that it can obtain short-term funds to meet unexpected future cash
    13·1 answer
  • For the month of november, whetzel corporation. predicts total cash collections to be $1 million. also for november, whetzel cor
    13·1 answer
  • What do individual shareholders gain when they buy shares of a company’s stock?
    13·1 answer
  • Identify and explain the theory of motivation applied by the manager at Kellog's company. Identify each level and support your a
    7·1 answer
  • Derived demand means the demand for industrial products and services is driven by, or derived, from: Group of answer choices
    12·1 answer
  • Assume the spot market exchange rate for $1 is currently A$1.1904. The expected inflation rate is 3.3 percent in Australia compa
    9·2 answers
  • The parts of an organization's infrastructure, human resources, technology, and procurement that make the delivery of the firm's
    6·1 answer
  • The average height of members of the high school basketball team is six feet, three inches. Jerry is on the high school basketba
    13·1 answer
  • Sharon made a $160,000 interest-free loan to her son, Todd, who used the money to pay for his masters at Baruch. Todd’s only sou
    9·1 answer
  • The exchange rate is the price of one country’s currency compared to another country’s currency. True or false?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!