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maksim [4K]
3 years ago
10

List the four responsibilities businesses have to customers.

Business
1 answer:
Rainbow [258]3 years ago
4 0

Answer:

good luck bro you got this

Explanation:

to provide after-sale service on the basis of the nature of a product

to provide information about the changes introduced by the business

to take necessary steps to improve quality, reduce price and develop the network for distribution

to supply better quality goods at the right time at a reasonable price

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Rodney just earned his master's degree in Marketing. Based on his education, which job would he be best suited for? Supply Chain
lubasha [3.4K]

Answer:

Marketing Specialist

Explanation:

Marketing is in all the activities undertaken by a business to entice customers to but its products.  It will include all promotional initiatives that aim at increasing the sales volume of a company. These activities range from advertising, promotions, publicity, and direct selling.

Rodney has graduated in marketing; meaning has acquired skills and competencies required in the marketing discipline. He will be more effective as a marketer as he has adequate knowledge of marketing. Rodney will be more fulfilled and better motivated in marketing because that is his area of strength.

7 0
3 years ago
A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month
Radda [10]

Answer:

$880 favorable

Explanation:

The computation of direct materials price variance for last month is shown below:-

Direct material price variance = Actual quantity × (Standard price - Actual price)

= 2,200 × ($8 - ($16,720 ÷ 2,200)

= 2,200 × ($8 - 7.6)

= 2,200 × $0.4

= $880 Favorable

Therefore for computing the direct materials price variance for last month we simply applied the above formula.

4 0
3 years ago
Variations in each product a firm markets in its mix are referred to as the _____ of its product mix.
Allisa [31]
Answer:  "depth" .
____________________________________
3 0
3 years ago
Sam Malloy owns a small business and has built a substantial estate both with his business success and his early career as a pro
zvonat [6]

Answer: Establish a revocable living trust.

Explanation:

A revocable living trust is a written document that details how an individual assets would be handled after they die. They are used to avoid probate and protect privacy of the trust owner, beneficiary of trust and reduce estate taxes. Assets placed in the beneficiary name are transfered from the owners account or details to theirs.

4 0
3 years ago
A series of monthly cash flows is deposited into an account that earns 12% nominal interest compounded monthly. Each monthly dep
nirvana33 [79]

Answer:

The amount left in the account after last withdrawal is $61,945

Explanation:

The first monthly deposit occurred on June 1, 2008 and the last monthly deposit will be on January 1, 2015 = 80 deposit

Monthly deposit = 2,100

Interest rate = 12% / 1% per month

Firstly, we calculate the future worth of the monthly deposit

FW = A(F/A, i, n)

A = 2,100, i = 1%, n= 80

FW = $2100*[(1+0.01)^80 - 1 / 0.01]

FW = $2100*[2.216715 - 1 / 0.01]

FW = $2100*(121.671)

FW = $255,509.10

We calculate the effective interest rate

i(effective) = (1 + i nominal monthly interest rate)^n - 1

i `%, n = 3(no of months in quarter)

i (effective) = (1+0.01)^3 - 1

i (effective) = (1.01)^3 - 1

i (effective) = 1.030301 - 1

i (effective) = 0.030301

i (effective) = 3.0301%

The effective quarterly interest rate is 3.0301%

We calculate the future worth of the quarterly drawings

FW = A[(1+i)^n - 1 / i]

A = 5,000(drawing), i = 3.0301%, n = 26(number of drawings)

FW = 5,000*[(1+0.030301)^26 - 1 / 0.030301]

FW = 5,000*[2.17303717 - 1 / 0.030301]

FW = 5,000*(38.71282)

FW = $193,564.10

The future worth of the quarterly withdrawal is $193,564.10

We calculate the amount left in the account after last withdrawal

Amount left in account = FW(monthly deposits) - FW(quarterly drawings)

Amount left in account = $255,509.10 - $193,564.10

Amount left in account = $61,945

Thus, the amount left in the account after last withdrawal is $61,945

6 0
3 years ago
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