Answer:
The answer is:
- Better customer satisfaction
- Greater employee job satisfaction
Explanation:
The advantages of work teams include
- <u>better customer satisfaction</u> and
- <u>greater employee job satisfaction</u>.
<u>Better customer satisfaction:</u>
Work teams can be trained to meet the needs of specific customers. Teams also help to improve the product and service quality in different ways and also take direct responsibility for their products and services. All these help to improve customer satisfaction.
<u>Greater employee job satisfaction:</u>
Team work helps the employees in work teams to improve their skills through cross training. Their capabilities also increases and makes their work more interesting. All these help to increase job satisfaction. They also enjoy job satisfaction through unique job responsibilities acquired through work teams. Social loafing is a disadvantage of work teams and they also have the disadvantage of initial high employee turnover.
Answer:
ME should make the investment because it results in not only higher market share but also a $24,000 increase in profits.
Explanation:
Currently ME's marketing expenditures represent 25% of the industry's marketing expenditures and it matches his market share. Using the competitive parity approach, three additional market share points should cost $120,000 ($40,000 for each point) and should increase gross profits to a total of $1,344,000 ($144,000 increase). The difference between incremental revenue and incremental expenses = $144,000 - $120,000 = $24,000.
Answer:
The correct answer is letter "C": consultative selling approach.
Explanation:
The consultative selling approach is a method of sale that requires vendor-customer engagement to provide consumer personalized experience by pointing out solutions out of open questions according to the customers' needs. Normally, vendors do not follow sales speeches to attract the consumers' attention but they improvise identifying the potential reason why customers would purchase a product.
Answer:
A) $424,000
Explanation:
Madison Corporation's current earnings and profits for 20x3 would be:
reported taxable income - accrued federal income taxes + regular depreciation - E&P depreciation + net capital loss carryover =
$400,000 - $136,000 + $200,000 - $60,000 + $20,000 = $424,000
A national health<span> insurance </span>system<span>, or single-payer </span>system<span>, in which a single government entity acts as the administrator to collect all </span>health care<span> fees, and pay out all </span>health care<span> costs. Medical services are publicly financed but not publicly provided. Canada, Denmark, Taiwan, and Sweden </span>have<span> single-payer </span>systems<span>.</span>
