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3 years ago

Which of the following is one of the value gaps that can undermine customer experiences and can damage relationships?

Business

1 answer:

Butoxors [25]3 years ago

8 0

Answer:

Service Quality Gaps

Explanation:

Service Quality Gaps is one of the value gaps that can undermine customer experiences and can damage relationships.

This is because, customer satisfaction can be measured based on the service quality the customer receives, and if the customer is adequately satisfied, he would continue to patronise the company, but if he is not satisfied, it could damage relationships.

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g A monopoly may exist because Question 21 options: a) government has refused to grant a public franchise. b) one firm has the e

matrenka [14]

Answer:

B. one firm has the exclusive ownership of a scarce resource.

Explanation:

Monopoly can be regarded as market structure whereby a single seller thrives, this is a structure whereby the seller sells a unique product in the market. As far as monopoly market is concerned, no competition is been encontered by the manufacturer , because he is the only one selling goods with no close substitute. As a result of this there is restrictions of the entry of other sellers in the market.

It should be noted that monopoly may exist because one firm has the exclusive ownership of a scarce resource.

5 0

3 years ago

Read 2 more answers

According to the video congressional earmarks, the trading of votes by members of congress to obtain passage of projects that ar

sineoko [7]

<span>the trading of votes by members of congress to obtain passage of projects that are of interest to one another is referred to as: Logrolling
In logrolling, two or more Congress could create an agreement that each of them will give their vote to support the bills that pushed by each of them, so they collectively gained more power in the office.</span>

8 0

3 years ago

Suppose you reside in the Caribbean and purchase exclusive territory rights for a McDonald's franchise. You can construct as man

konstantin123 [22]

Answer:

This is a form of artificial monopoly.

Explanation:

In artificial monopoly a large firm exists with smaller firms in the same market. The large firm does not have a comparative advantage in production efficiency bit still drives the competition out of business.

Large firms use restrictive measures that prevents new form from entering the market. The other type of monopoly is the natural monopoly.

Having exclusive rights to open a MacDonald's in the Carribean where you can construct as many locations as you want is called artificial monopoly. The firm has successfully barred other firms from opening a MacDonald's in the Carribean.

5 0

3 years ago

Murray Chemical Company refines a variety of petrochemical products. These data are from the firm’s Houston plant: Work-in-proce

Mandarinka [93]

Answer:

1. Using the Weighted-average method

Total equivalent units of a cost product = A + B * C

Where:

A = units transferred to the next department or finished goods (completed)

B = units in work-in-progress at the closing time of time period

C = percentage of completion with respect to the product

Equivalent units of Direct materials = 5,580,000 + (3,090,000 × 40%) = 6,816,000 gallons.

Equivalent units of Conversion = 5,580,000 + (3,090,000 × 60%) = 7,434,000 gallons.

2. Using the FIFO method

Equivalent Units of Production = equivalent units to complete beginning inventory + units started and completed during the period + equivalent units in ending work in process inventory.

where;

Equivalent units to complete beginning inventory = units in beginning inventory × (100 percent − percentage completion of beginning inventory).

For Direct Materials;

Thus, Equivalent units to complete beginning inventory =

4,800,000 × (100 - 50%) = 2,400,000 gallons

Equivalent Units of Production = 2,400,000 + (5,580,000 × 40%) + 3,090,000 = 7,722,000 gallons

For Conversion;

Thus, Equivalent units to complete beginning inventory =

4,800,000 × (100 - 20%) = 960,000 gallons

Equivalent Units of Production = 960,000 + (5,580,000 × 60%) + 3,090,000 = 4,050,000 gallons

6 0

3 years ago

Read 2 more answers

A corporation purchased manufacturing equipment for $100,000, with an estimated useful life of 10 years and a salvage value of $

bulgar [2K]

Answer:

The second year’s depreciation for this equipment using the straight line method is 8,500

Explanation:

Depreciation: Depreciation is a decreasing value of the assets due to the tear & wear, obsolescence, usage,etc.

The formula to compute the depreciation under straight lie method is shown below:

= $\dfrac{(original\ cost - salvage\ value)}{useful\ life}$

= $= \dfrac{(\$100,000 - \$15,000)}{10}$

= $8,500

The depreciation amount under straight line method should remain same over the estimated useful life

So, the second year’s depreciation for this equipment is $8,500

6 0

3 years ago