All categories

3 years ago

Of the following, which most closely describes the method by which companies engage and create benefits for their customers?

Business

1 answer:

Free_Kalibri [48]3 years ago

5 0

Answer:

D. Customer relationship management

Explanation:

Customer relationship management is the approach that companies use to interact with its customers and this approach analyze customer interactions to improve its relationships with them and create benefits for their customers, As this leads to increased sales and profits.

You might be interested in

Of the following process costing steps, which must be done last? A. Compute the equivalent units of production.B. Compute the co

aalyn [17]

Answer: The correct option is B. Compute the costs per equivalent unit of production is the step that must be taken at the end of the costing process.

Explanation: In order to calculate the cost per unit, we must know the costs and the equivalent units first.

3 0

3 years ago

Rebel Sound Inc. produced 30,000 audio devices last month. Rebel started the month with $10,000 worth of inventory in Finished G

Arada [10]

Answer:

$120,000

Explanation:

Step 1 Prepare a Cost of Manufacturing Schedule

Materials ($50000-$6,000) $44,000

Various utility and rent charges on factory $15,000

Salaries and Wages $60,000

Other Costs(Balancing figure) $35,000

Less Work in Process ($24,000)

Cost of Goods Manufactured $120,000

Step 2 Prepare a cost of Goods Sold Schedule

Opening inventory in Finished Goods $10,000

Add Cost of Goods Manufactured $120,000

Less Closing inventory in Finished Goods ($5,000)

Cost of Goods Sold $125,000

7 0

3 years ago

Universal Sports Supply began the year with an accounts receivable balance of $200,000 and a year-end balance of $220,000. Credi

Dovator [93]

Answer:

3.6

Explanation:

The receivables turnover for the year is calculated as;

= Net sales(credit sales) ÷ Average accounts receivables

Average account receivables

= ($200,000 + $220,000) ÷ 2

= $210,000

Therefore, Receivables turnover

= $750,000 ÷ $210,000

= 3.6

6 0

3 years ago

The American Red Cross and the American Medical Association are nonprofit businesses. This is because they: A. plan to make a pr

MrRa [10]

Answer:B exist to benefit a cause but not to make a profit.

Explanation:

They are to provide services which are useful to the members of the society at large. They exist to promote the interest of members of the public which are social in nature. With a view to ensure the smooth running of the organisation some individuals are elected to run the organisation in the position of chairman, secretary, and treasurer. They do prepare receipt and payment account which is similar to cash account while some do prepare income and expenditure account which is similar to profit and loss account.

5 0

3 years ago

Malik is the top employee at the local Deloitte office, and he just received a competing offer from PwC. Deloitte is considering

GREYUIT [131]

Answer: Extra Vacation ; Stay

Explanation:

At the Nash equilibrium, Deloitte will choose extra vacation and Malik will respond with stay.

A Nash Equilibrium is the optimal outcome for each player given the decisions of the other player.

Looking at the the sequential game tree, if Deloitte offered a Money Bonus, Malik would leave because it offers him a higher payout. Deloitte would not want this because they gain more when he stays.

If Malik is offered extra vacation however, Malik stands to gain more than every other option if he stays and Deloitte would therefore offer him this because it will still be a gain for them. This is the Nash equilibrium.

8 0

3 years ago

Of the​ following, which most closely describes the method by which companies engage and create benefits for their​ customers?

Of the following, which most closely describes the method by which companies engage and create benefits for their customers?