Answer:
a.
Explanation:
Every customer matters, not only should a company focus on her seemingly high-value customers but also on their seemingly low-value customers.
Hence to ensure the retention of their customers and not lose them to competitors, the company should use the customers' data record to provide special retention offers for them to continue as customers.
Every dollar counts, and no customer can be said to remain forever or leave soon, therefore each of these customers should be treated equally to maximize profit for the company both now and in the long run.
Answer:
$86,000
Explanation:
The opportunity cost is an economic concept. It is the cost of the alternative foregone. Accounting profit does not take into cognizance the alternative foregone.
It only considers the explicit cost incurred in the process of making sales or generating revenue.
As such,
Accounting profit = $128,000 - $42,000
= $86,000
Answer:
Given that,
Current exchange rate between India and U.S :
1 Dollar = Rs. 58
Exchange rate between India and U.S a year ago :
1 Dollar = Rs. 55
Above information conclude that the currency of India depreciates whereas currency of united states appreciates.
This is due to the increase in the exchange rate in India. Now, a dollar become more expensive than it a year ago.
So, the Indian rupee depreciated and U.S dollar appreciated.
