All categories

3 years ago

Customer value is the relationship between benefits and the sacrifice necessary to obtain those benefits?

1 answer:

5 0

Costumer value is the relationship between benefits that costumers receive for loyalty to the brand and the losses incurred by the company to ensure their participation.

Explanation:

All companies would prefer to have a loyal user base that uses and buys their products again and again even if it means that the relative profit they make off of them will be less than what they make from a one of consumer.

It works in the way that a costumer who buys regularly will run through more material allowing the firm to sell more of the same material instead of having the older material let be stale until someone comes and buys it from them.

So even if the benefits provided to members are a little hefty on the company, they are willing to do it.

You might be interested in

At the beginning of June, Bezco Toy Company budgeted 5,000 toy action figures to be manufactured in June at standard direct mate

Snowcat [4.5K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard quantity:

Direct materials (pounds)= 50,000/4= 12,500 pounds

Direct materials (pounds)= 12,500/5,000= 2.5 pounds per unit

Direct labor (hours)= 36,000/18= 2,000 hours

Direct labor (hours)= 2,000/5,000= 0.4 hours

Actual quantity:

Actual direct materials= (49,600/4)= 9,920 pounds

Actual direct labor= 34,020/18= 1,890 hours

Production= 4,850

To calculate the direct labor quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 2.5*4,850= 12,125

Direct material quantity variance= (12,125 - 9,920)*4

Direct material quantity variance= $8,820 favorable

To calculate the direct labor time variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 0.4*4,850= 1,940

Direct labor time (efficiency) variance= (1,940 - 1,890)*18

Direct labor time (efficiency) variance= $900 favorable

8 0

3 years ago

Darden Restaurants is expected to pay annual dividends of $1.90 and $2.10 over the next two years,respectively. After that, the

Ainat [17]

Answer:

$13.89

Explanation:

The computation of the value of stock is shown below:

Year Dividend Present value factor at 16% Present value

1 $1.90 0.862 $1.64

2 $2.10 0.743 $1.56

3 $2.30

Price $14.375 0.743 $10.68

The price is computed below:

= $2.30 ÷ 16% = $14.375

Total present value $13.89

The present value factor is computed below:

= 1 ÷ (1 + rate) ^ years

For Year 1 = 1 ÷ 1.16^1 = 0.862

For Year 2 = 1 ÷ 1.16^2 = 0.743

7 0

3 years ago

What happens to the demand for

Ket [755]

Answer:

Demand decreases

Explanation:

Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.

If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.

7 0

3 years ago

Aryanna invests $30,000 today into an investment that earns 5% annually, but interest is compounded continuously. What is the fu

yawa3891 [41]

Answer:

Future Value =$62,367.85

Explanation:

The rate of return earned on the investment can be worked out using the Future value of a lump sum formula. The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate.

The formula is FV = PV × (1+r)^(n)

PV = Present Value- 30,000

FV - Future Value, - ?

n- number of years- 15

r- interest rate - 5%

Future Value = 30,000× 1.05^15 =62,367.85

Future Value =$62,367.85

3 0

3 years ago

Which of the following provides essential project data including objective performance status, cost impact of known problems, id

mr_godi [17]

Answer:

The correct answer is letter "B": Integrated Program Management Report (IPMR).

Explanation:

The Integrated Program Management Report (IPMR) is a legally authorized report containing performance details extracted from the internal Earned Value Management System of the contractor. The IPMR provides an extract on the advance of the agreement including potential problems, costs, and change in schedules.

7 0

3 years ago