Answer:
a. customize the goods and services offered to their customers.
Explanation:
Customer relationship management refers to the technology, principles, policies, considerations, and principles applied by businesses to ensure the satisfaction of their customers. The ultimate purpose of customer relationship management is to meet the needs of the customers, thus making them happy and satisfied.
When an organization customizes the goods and services offered to their customers, they are offering a personalized buying experience that would make the customers happy. They would also have a sense of belonging and the feeling of being recognized. The result might translate to increased sales.
Answer:
Becoming dependent on other companies for essential expertise and capabilities.
Explanation:
When a firm comes in alliance with any other firm , the sole motive behind this is to complement each other with they key competencies. They make use of each other strength to grow together.
However it has one disadvantage is that if one rely only on alliance partner for the specific expertise or resources, it creates a sense of dependencies and if the alliance get annexed in future due to some reason, it can hamper the business.
In today's world example can be vividly seen, in Corona virus crisis, any firm's alliance with Chinese companies may get hurt, as lock-down in china may interrupt major supplies from china.
business exists only to earn profits by providing goods and services to the customers. According to the modern concept, the underlying objective of every business is customer satisfaction as this is what results in most profits. If the customer is satisfied, the business excels. something about Business goals is a predetermined target that a business or individual plans to achieve in a set period of time. These goals are often split into short-term goals and long-term goals. Business goals can be general and high level, or they can focus on specific measurable actions. One of the reasons businesses succeed is that they reach consumers first. The fastest companies to market have the best access to customers. ... It's much easier to dominate a market without competitors. If you are first to market, you are more likely to succeed, even if your product or service is substandard.
Answer:
$28,675 = direct materials used
Explanation:
<u>To calculate the direct material used, we need to use the following formula:</u>
Cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP
112,450= 23,600 + direct materials used + (22,550*2.5) + 22,550 - 18,750
112,450 - 23,600 - 56,375 - 22,550 + 18,750 = direct materials used
$28,675 = direct materials used
Answer:
A. 90
Explanation:
nominal GDP = 50*20 + 100*8 = 1800
real GDP = 50*10 + 100*15 = 2000
GDP deflator = (nominal GDP/ real GDP)*100 = (1800/2000)*100 = 90
