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KengaRu [80]
3 years ago
14

A firm that successfully differentiates its product or lowers its average cost of production creates A. a perfectly inelastic de

mand curve for its product. B. economies of scale. C. entry barriers into its market. D. value for its customers.
Business
1 answer:
zhenek [66]3 years ago
5 0

Answer:

The correct answer is D. value for its customers.

Explanation:

Generating value for the client means giving something in which he feels really grateful, having fulfilled what was expected or, even better, having fulfilled what was needed and what was wanted.

For example, the delivery of the product on the agreed date, the ease of the process of both buying and using the product or service, the attitude of the team when it comes to serving the customer, solving a problem in an effective way, making a conversation enjoyable at the time it is paid, etc.

Generating added value for the customer is not about magic. It is simply that the customer perceives a positive difference. Let him see that it is a different place and concerned about the most important details for the benefit of the client.

The key to giving value to your customers is in the small details, so it is time to start with the business to offer it.

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The following monthly data are available for Waterway Industries. which produces only one product: Selling price per unit, $54;
o-na [289]

Answer:

Margin of safety= 950 units

Explanation:

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

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

Break-even point in units= 42,000 / (54 - 14)

Break-even point in units= 1,050

<u>Now, the margin of safety in units:</u>

<u></u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 2,000 - 1,050

Margin of safety= 950 units

8 0
3 years ago
In a local​ market, the monthly price of internet access service decreases from ​$40 to ​$30​, and the total quantity of monthly
deff fn [24]

The answer is : The demand is elastic.

Elasticity =

[(80,000 - 180,000)/((80,000+180,000)/2)]/[($40 - $30)/(($40 + $30)/2)]|

[(-100,000/130,000)]/[(10/55)] = -.7692/.1818= -4.23

The answer is -4.23, however when considering own price elasticity of demand, we ignore the negative sign and look at the absolute value to determine whether it is elastic or inelastic.

5 0
3 years ago
If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies
mihalych1998 [28]

The firms may need to focus additional effort on retention strategies.

Retention strategies are means employed by firms to retain their customers both new and existing, over some specified period.

Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.

Customer retention process starts with the first point of contact in an organization and spread through the whole duration of the customer's relationship with the organization.

Learn more at: https://brainly.com/question/4310845

5 0
2 years ago
Marshall's &amp; Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
Gala2k [10]

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Buscorp wants to introduce a new procedure for processing customer requests. if this change will require employees to break old
NeTakaya
If this change will require employees to break old routines and adopt new role patterns, the preferred strategy for dealing with resistance to this change such as this is learning. The company would want their employees to learn new methods so as to be able to adopt to the change and in a way encourage to their employees.
4 0
2 years ago
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