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3 years ago

By addressing customer complaints as quickly as possible, even in the middle of a model year, is demonstrating ____.

Business

1 answer:

gizmo_the_mogwai [7]3 years ago

3 0

Answer:

c. responsiveness

Explanation:

When customer's complains are quickly attended to as and when required, this is the demonstration of a quality known as responsiveness. Responsiveness is the ability to attend to requests on time when the occasion demands.

It shows and gives an assurance to customers that their request or complaints would be attended to through the channel. Thus, majority of them would prefer to use the channel instead of visiting one of the offices of the company.

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Silky Inc., which sells custom silk ties designed by famous people, faces a demand curve of Q = 150 – 0.2P, where Q is measured

CaHeK987 [17]

Answer:

The production level that maximizes Silky's profit is $5000$ ties.

Explanation:

First of all, as we have $Q(P)=150-0.2P$ , we need to transcript it as price in function of the quantity so

$P(Q)=\frac{150-Q}{0.2}=750-5Q$

Then we need to find income function that is $I(Q)=Q*P(Q)=750Q-5Q^{2}$ . After derivate it $I'(Q)=750-10Q$ .

The optimum level is when we have $MC=I'(Q)$ , therefore,

$5Q=750-10Q$ , as we clear it for $Q$ we find that

$Q=\frac{750}{15}=50$ , finally as we have that $Q$ is measured in hundreds of ties, the production level that maximizes Silky's profit is $5000$ ties.

4 0

3 years ago

Marlene has been living in her $120,000 home for 31 years. Because she has paid off the mortgage, she decides to save some money

Ksju [112]

Marlene will receive $5,000 in the insurance settlement.

<h3>What is an insurance settlement?</h3>

An insurance settlement is an indemnity or compensation that the insurance company pays to the insured to settle an insurance claim according to the insurance policy guidelines.

<h3>Data and Calculations:</h3>

Property value = $120,000

Homeowner's coverage = $40,000

Estimated damage = $12,000

Standard coinsurance requirement threshold = 80%

Expected insurance coverage = $96,000 (120,000 x 80%)

Co-insurance penalty = 41.67% ($40,000 / $96,000 x 100)

Indemnity = $5,000 ($12,000 x 41.67%)

Thus, Marlene will receive $5,000 in the insurance settlement.

Learn more about insurance indemnity at brainly.com/question/8025172

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8 0

2 years ago

If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,

Nadya [2.5K]

<span>To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.</span>

3 0

3 years ago

What does the investment component of GDP measure? a. spending on domestically produced goods by foreign buyers b. spending by h

viktelen [127]

Answer:

1) The correct answer is letter "C": spending on goods to be used in future production.

2) The correct answer is letter "B": is considered unsold inventory and counted as a part of investment in current GDP.

Explanation:

1) The Gross Domestic Product (GDP) considers four (4) components: <em>Consumption, Investment, Government, </em>and <em>Net Exports</em> (exports-imports). Investments refer to all goods that are purchased to produce other goods in the future. Final goods to be used or to replace others do not fall into this category.

2) The output of a company is computed within the GDP. Even if the output is not sold after production but it is recorded as part of an organization's inventory, it will be considered in the calculation of the GDP of the year when the production of the good took place.

6 0

3 years ago

A machine with a cost of $142,000 and accumulated depreciation of $97,000 is sold for $56,000 cash. The amount that should be re

Temka [501]

A machine would cost $142,000 and the depreciation of $98,000

6 0

3 years ago