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lutik1710 [3]
3 years ago
10

Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa

tion for excellent customer service will most likely result in ________.A) product design excellence. B) mission statement satisfaction. C) a sustainable competitive advantage. D) producer excellence. E) sustainable price decreases.
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
7 0

Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputation for excellent customer service will most likely result in a sustainable competitive advantage.

<h3><u>Explanation:</u></h3>

When a firm offers its customers with any products that has higher quality and benefits or lower price that its competitors then it refer to the competitive advantage. It is the advantage that the firm attains when compared with their competitors.

There are many different kinds of competitive advantage that can be used by a firm such as cost, product differentiation, niche strategies, etc. It is the thing that is absent in the competitors. In the given example, Nordstrom has well known reputation for the service that it gives for its customers and hence it is the likely result of sustainable competitive advantage.

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The current sections of Whispering Winds Corp.’s balance sheets at December 31, 2019 and 2020, are presented here. Whispering Wi
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Answer:

The amount of cash provided by  operating activities is $155,000

Explanation:

The net cash provided by operating activities is shown below by the cash flow statement extract:

Net income                                                                 $152,000

depreciation  expense                                             $24,900

increase in accounts receivable($109700-$77900)($31,800)

Decrease in inventory($171,900-$157,000)              $14,900

increase in prepaid expenses($26,700-$25,100)   ($1,600)

increase in accrued expenses($14,600-$8400)      $6,200

decrease in accounts payable($95,100-$85,500) ($9,600)

net cash provided by operating activities                $155,000

Note:

An increase in liability means depriving the other party some cash,hence it is positive and vice versa.

4 0
3 years ago
You buy a seven-year bond that has a 6.50% current yield and a 6.50% coupon (paid annually). In one year, promised yields to mat
Harlamova29_29 [7]

The current yield and annual coupon rate of 6.50% show that the bond price was at par a year ago.

The givens are FV=1,000, n= 6, PMT = 65.00, and i= 7.50 so with this we know that the selling price this year is $953.06.

So the holding period return is $1,000+$953.06+$65.00

$1,000=0.0181=1.81%

Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)  

- Cutiepatutie ☺❀❤

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3 years ago
Which new password is the strongest alternative to the weak password: "ilovedogs"?
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D. because you Have Caps on all, a symbol, A lower case, and a number
3 0
2 years ago
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The four seasons spa and salon has retained a marketing consultant to assist them with its annual strategic planning retreat. Sh
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Firms are known to have goals. the first activity the organization should pursue as part of its strategic planning process is to;

  • Review or establish the organization's mission and goals.

<h3>What is the mission and goals of the Organization about?</h3>

The mission of any firm is said to show or depicts the organization's past and present by using or stating why the organization exists.

It also talks about the role a firm plays in society. Goals are said to be some key aims that organizations have to pursue so as to reach their visions and missions.

The best goals are regarded as SMART. which means: specific, measurable, achievable, realistic, and time-bound.

Learn more about organization's mission from

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6 0
1 year ago
Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginnin
ratelena [41]

Answer: $32.23 per labor-hour

Explanation:

To solve the question, we need to first calculate the estimated total manufacturing overhead which will be:

= $906,732 + ($6.76 per labor-hour × 35,600 labor-hours)

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= $32.23 per labor hour

3 0
3 years ago
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