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3 years ago

The idea behind customer relationship management is to enhance customer satisfaction and stimulate long-term customer loyalty.

1 answer:

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B. True This will ensure that You enhance and make a good relationship so your on good terms and have a long term customer

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For a perfectly competitive firm, which of the following is not true at profit maximization?a. Total revenue minus total cost is

topjm [15]

Answer: Option (d) is correct.

Explanation:

Correct option: Market price is greater than marginal cost.

In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.

At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.

Therefore, option (d) is not true.

5 0

3 years ago

during its first year of operations, silverman company paid $11,440 for direct materials and $9,900 for production workers' wage

algol13

The amount of finished goods inventory on the balance sheet at year-end is $11,880

What is the cost of producing 5,600 units?

The cost of producing the finished goods of 5,600 units is the sum of direct materials, workers' wages and lease payments and utilities on the production facilities

total production costs=direct materials+ production workers' wages+ lease payments and utilities on the production facilities

total production costs=$11,440+$9,900+$8,900

total production costs=$30,240

cost per unit=$30,240/5,600

The finished goods inventory is units produced minus the units sold

finished goods inventory=5600-3400

finished goods inventory=2,200

finished goods inventory on the balance sheet=2200*$30,240/5,600

finished goods inventory on the balance sheet=$11,880

Find out more about inventory valuation on:brainly.com/question/17230868

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4 0

1 year ago

Which statement BEST reflects an accurate and negative consequence of government regulatory practice on the economy?

zhenek [66]

Answer: it’s D

Explanation:

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3 years ago

Read 2 more answers

The Gregor family installed a pool in their backyard but refused to put in a fence. While the Gregors were on vacation, a 10-yea

d1i1m1o1n [39]

The family of the boy will most likely sue the Gregors for not putting a fence around the pool in their backyard due to which their child has been injured.

<h3>What is a fence?</h3>

A fence is a structure built outside an area to cover it so that no one can escape or enter that area. It is a kind of a railing or a barrier usually made up of wood, wire, or steel bars.

If the Gregor family has put the fence around the pool in their backyard, then a ten-year-old boy can't able to enter the pool area which ultimately results in no injury to the boy. But the Gregor family has denied putting the fence which makes the ten-year-old injured when he jumps into the pool area.

Therefore, the injured boy's family will sue the Gregor family for not putting a fence around the pool area.

To learn more about the Gregor family in the mentioned link:

brainly.com/question/10680266

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8 0

2 years ago

In an Internal Service Fund, the expectation is that:_____.A. Each year's revenues should equal each year's expenses because the

Elis [28]

Answer:

In an Internal Service Fund, the expectation is that:_____.

A. Each year's revenues should equal each year's expenses because the revenues are simply an allocation of that year's expenses.

Explanation:

There are two proprietary funds used in governmental accounting. One is the internal service fund. The other one is the enterprise fund. The internal service fund tracks the goods or services rendered by a service department to other governmental departments. It is established on a cost reimbursement basis. This is why the expenses for the year are expected to equal the annual revenue.

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3 years ago