Here are the 5 ways:
- Receive information about customers' preference that we could use to improve our products
- Predict what future products that might be needed in the market
- Create a better and stronger relationship with your customer
- Minimize customer's effort to contact you
- Make the company able to make faster decisions
Answer:
Supplier relationship management
Explanation:
Supplier relationship management, is all about interacting with and managing third-party vendors that provide services, goods and materials to an organization. you choose Suppliers are chosen because of their cost-efficiency and easy to work with to maximize the value of the relationship.This is what Betty is trying to incorporate in the system.
Answer:
10.24 years
Explanation:
For this question we use the NPER function that is shown on the attachment. Kindly find it below:
Data provided in the question
Present value = $5,000
Future value = $10,000
Rate of interest = 7%
PMT = $0
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer would be 10.24 years
Answer: 16%
Explanation:
Interest rate on long term treasury securities is calculated below using following formula:
Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium
= 3% + 8% + 2% + 2% + 1%
= 16%
Interest rate on long term treasury securities is 16%.
Answer:
b. the least costly method of transferring goods from warehouses to stores.
Explanation:
The retail company should find the most efficient and cost effective means of transportation.
The the least profitable and most costly method of transferring goods from warehouses to stores would reduce the profit margins of retail stores and the stores would want to maximise profit.
