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siniylev [52]
4 years ago
11

Many catalog companies create special-run issues based on what customers have purchased in the past. For example, customers who

frequently order bedding items like sheets and pillows receive a catalog with a larger section of bedding items than do customers who mostly order kitchen tools. This is an example of________________.
a. customer relationship management. Correctb. a transactional marketing orientation.c. C2C marketing.d. supply chain management.e. typical production-oriented era marketing practices.
Business
1 answer:
riadik2000 [5.3K]4 years ago
6 0

Answer:

A. Customer Relationship Management

Explanation:

Customer Relationship Management represents an organisation's way of managing its interaction with customers both potential and current consumers of their products.

Specifically, CRM makes use of information obtained from the dealings of customers' with the business such as products purchased as well as quantity of purchase among others to determine how to improve the communication and relationship with them.

The catalog is part of the CRM measures. The catalog's customization is therefore based on the perceived habit or needs of the customer based on the history of the customer's purchases in the past.

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Lightfoot Company sells its product for $55 per unit and has variable costs of $30 per unit. Total fixed costs are $25,000. Supp
soldi70 [24.7K]

Answer:

The Break-even point in units will increase by 250 units.

Explanation:

Giving the following information:

Fixed costs= $25,000

Selling price= $55

Unitary varaible cost= $30

<u>First, we need to calculate the current break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 25,000 / 25

Break-even point in units= 1,000

<u>Now, the new Break-even point in units:</u>

Break-even point in units= 25,000 / (55 - 35)

Break-even point in units= 1,250

The Break-even point in units will increase by 250 units.

7 0
3 years ago
Which health/safety law requires continued health insurance coverage (paid by employee) following termination?
Aleks04 [339]

Consolidated Omnibus Budget Reconciliation Act (COBRA) is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.

<h3>What is COBRA?</h3>

It is a federal health/safety law, passed in 1985, that allows workers after termination the right to stay in the same health insurance plan they previously had.

It seeks for workers and their families to continue their employer-sponsored “job” insurance if that insurance would end due to job loss or divorce or death in the family.

Therefore, we can conclude that COBRA is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.

Learn more about Consolidated Omnibus Budget Reconciliation Act here: brainly.com/question/8891400

3 0
2 years ago
Which of the following accounting strategies (for financial reporting purposes) is the least likely for a firm that is currently
jeyben [28]

Using straight-line depreciation.

Changing to FIFO

Using the weighted average method for capitalizing interest during times of reduced interest rates, rather than the specific method.

Changing to the successful efforts method of accounting for natural resource exploration costs.

Changing to the successful efforts method of accounting for natural resource exploration costs.

<u>Explanation:</u>

The particular technique initially underwrites the enthusiasm on explicit obligation. With financing costs on the decay, enthusiasm on lower rate obligation is promoted and more is expensed, comparative with the weighted normal technique, which underwrites at the normal rate over all obligation.

The weighted normal strategy would underwrite more enthusiasm on more established (higher loan cost) obligation, in this way diminishing the present measure of premium cost and expanding income. Expanding profit lessens the danger of rebelliousness for this firm.

4 0
3 years ago
Two firms Apple and Samsung in the smart phone market have combined demand given by Q = 200 – P . Their total costs are given by
gogolik [260]

Based on the profit functions of Apple and Samsung, their output if they successfully collude will be 65 units.

<h3>What is the total output if there is collusion?</h3>

Because Apple and Samsung are two major producers of smartphones, collusion between them would increase their demand and allow them more control over their pricing.

<h3 />

In order to find out their total output after collusion, solve for their profit functions first.

Apple profit function:

= Price - (5Q - Q²)

= 200Q - Q² - Q(apple)Q(samsung) - 5(apple) - Q(apple)²

= 195Q(apple) - Q(apple)Q(samsung) - 2Qapple²

Samsung profit function:

= Price - (5Q - Q²)

= 195Q(samsung) - Q(apple)Q(samsung) - 2Qsamsung²

When differentiated, the formulas become:

2Qs + 4Qa = 195

4Qa + 8Qs = 390

After differentiating their profit functions, solve simultaneously to find out what their quantities would be to make profit.

This can then be solved simultaneously:

2Qs + 4Qa = 195

4Qa + 8Qs = 390

-6Qs = -195

Qs = 195/6

Qs = 32.5 units

Qa will be:

2Qs + 4Qa = 195

4Qa = 130

Qa = 32.5 units

Add up these units to find the total units between them.

The total units are:

= 32.5 + 32.5

= 65 units

Find out more on collusion at brainly.com/question/4052357.

#SPJ1

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2 years ago
Allison is the CEO of a large consumer products company. She asks the marketing research department to gather information to hel
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