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IgorC [24]
3 years ago
10

An increasing number of companies are considering their relationships with customers as financial assets. Such firms measure suc

cess by calculating the value of their ________.
Business
2 answers:
Nadya [2.5K]3 years ago
6 0

Answer: Customer Equity

Explanation: customer equity in simple terms measures customer loyalty. Increasing customer loyalty translates to increasing potential future revenue that can be generated throughout the lifetime of a business. As a result, businesses often improve consumer service, value or desirability of their brands in order to improve customer equity. Therefore, considering the value of customers with companies as financial assets, these companies often measure success in this regard by measuring customer equity.

sladkih [1.3K]3 years ago
3 0

Answer:

CUSTOMER EQUITY.

Explanation:

Customer relationship management is an approach to maintain a company's interaction with current and potential customers. It mainly focuses on customer retention and driving sales growth.

Customer equity is a result of customer relationship management. It is the total of discounted lifetime value of all the firm's customers. In other words, the more loyal a customer, the more the customer equity.

The theory of Customer Equity can be defined as the value of the potential future revenue generated by a company’s customers in the entire lifetime of the firm.

Therefore, an increasing number of companies are considering their relationships with customers as financial assets. Such firms measure success by calculating the value of their CUSTOMER EQUITY.

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According to the information given in the question,  the best option to pursue would be early retirement.

Early Retirement presents a handy and exceptional way for assembly expectancies of a reduction in force (RIF). A reduction in force (RIF) takes place whilst a function is eliminated with no intention of changing it and effects an everlasting cut in headcount. A corporation may additionally decide to lessen its staff by means of terminating employees or by means of attrition

RIF occurs whilst a company completely eliminates positions. It is distinct from a furlough, wherein an employee's hours are quickly reduced. In the Federal government, layoffs are referred to as a reduction in force movements. When an agency should abolish positions, the reduction in force policies decides whether or not an employee keeps his or her gift position, or whether the employee has a proper to an extraordinary role.

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6 0
2 years ago
What is the typical rate of overtime pay?
Monica [59]
Overtime pay is the amount overtime paid to each employee in a pay period.
How its calculated: Hourly pay rate x 1.5 x overtime hours worked.
6 0
3 years ago
Read 2 more answers
Can someone sell a car that is not registered to their name
postnew [5]
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5 0
3 years ago
Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?
Bogdan [553]

Neoclassical economics places a larger focus on providing extra options and <u>improving living standards, </u><u>which are ultimately decided by long-term progress.</u>

As a result, it focuses on long-term growth rather than fighting recessions.

In actuality, neoclassical economics holds that a product's price is mostly influenced by its manufacturing costs. According to neoclassical economics, the primary factor for client decision-making therefore becomes price.

As a result, letting the neoclassical economists concentrate on prices is not the best way to combat the recession. Long-term economic performance is always emphasized by neoclassical economists.

Note that the neoclassical approach to macroeconomics emphasizes the idea that, over time, the economy tends to recover to its potential GDP and natural unemployment rate.

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8 0
2 years ago
When bonds are converted into common stock____.
nexus9112 [7]

Answer:

When bonds are converted into common stock____.

a. the market price of the stock and the bonds is ignored when recording the conversion.

Explanation:

This is because the conversion price, which is the price at which the convertible bond is converted into the common stock of the entity, is usually set initially when the conversion ratio is first decided on.  Therefore, the market prices of the stock and the bonds are not taken into account when the conversion recording is being done.

4 0
3 years ago
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