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dlinn [17]
4 years ago
10

What is the customer orientation of a company, and why is it important for a

Business
1 answer:
goldenfox [79]4 years ago
7 0
A costumer-oriented organization places customer satisfaction at the core of each of its business decisions, it focuses on helping customers to meet their long-term needs and wants. An organization that uses this is Chron
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Rayman Automobiles, an automobile manufacturing company, was founded in 1912. The company primarily focused on creating greater
kiruha [24]

Answer:

Option C: Production Era

Explanation:

The production era. Is known as Stage 2 of marketing's evolution. found in the 1930s, highest production capability than ever before. The problem now became competition then. It was characterized by mass production of lots of products increased the availability of product in the marketplace that is available.

8 0
3 years ago
1. Python acquires 80% of the voting stock of Slither on January 1, 2020 for $4,000. The fair value of the noncontrolling intere
disa [49]

Answer:

C. $400

Explanation:

Amount for NCI to be eliminated = (280+120) = $400

stock = 600*0.2=$120

Retained Earnings = 1400*0.2= $280

7 0
3 years ago
Which of the following statements is​ true? ​ (Select the best choice​ below.) A. Westlake Corporation generated a positive cash
inna [77]

Answer: C. Westlake Corporation generated a positive cash flow from operations ​, but an even a greater amount was used to invest in fixed assets ​, resulting in a need to raise funds through financing activities.

Explanation:

From the Cashflows of Westlake shown here, we see that the cashflow from operations is $592. This means that there was a positive cashflow from operations.

$1,066 was however used to invest in fixed assets which is higher than the cash generated from operating cashflow.

As a result, the company did not have enough cash to finance the fixed assets and so they raised money through financing activities by acquiring debt of $643.

3 0
3 years ago
A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site an
Olin [163]

Answer:

a) should install the solar cells

alternative 1, solar cells

initial investment $18,000

annual expenses $2,400 (5 years)

NPV =  $27,097.89

AW = (10% x $27,097.89) / [1 - (1 + 10%)⁻⁵] = $7,148.36

alternative 2, power line

initial investment $27,500

annual expenses $1,000 (5 years)

NPV =  $31,290.79

AW = (10% x $31,290.79) / [1 - (1 + 10%)⁻⁵] = $8,254.43

b) $23,307.10

3 0
3 years ago
After eating four slices of pizza, vou are offered a fifth slice for free. You down down this fifth slice. Your refusal indicate
gayaneshka [121]

Answer:

C. Marginal Utility is positive for the 4th slice, negative for 5th slice.

Explanation:

Total Utility is the total amount of satisfaction from consumption of all units of a good.  TU = ΣMU

Marginal Utility is the additional satisfaction from consumption of an additional unit of a good. MU = TUn - TUn-1

As per Law of Diminishing Marginal utility:  Consuming additional units of a good increases marginal utility by lesser magnitude than the preceding unit consumption.

A consumer consumes a commodity only if: It increases or atleast keeps constant its Total Utility i.e Total Satisfaction & It's Marginal Utility i.e Additional Satisfaction is positive or atleast 0.

Falling TU & negative MU implies the consumption of that unit is doing worse rather than good to consumer's satisfaction, so he/ she wont consume it.

So, in this case: refusing to consume 5th unit of commodity (Pizza) slice implies its MU i.e additional satisfaction will be negative & Total Utility i.e satisfaction would be falling.  

8 0
3 years ago
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