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3 years ago

What is CUSTOMER VALUE? How it can be created? Discuss.

Business

1 answer:

dsp733 years ago

8 0

Answer:

what is customer value : In marketing, a customer value proposition consists of the sum total of benefits which a vendor promises a customer will receive in return for the customer's associated payment

how it can be created : Step 1: Understand what drives value for your customers. ...

Step 2: Understand your value proposition. ...

Step 3: Identify the customers and segments where are you can create more value relative to competitors. ...

Step 4: Create a win-win price. ...

Step 5: Focus investments on your most valuable customers.

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Marketers have no flexibility in setting prices under conditions of

Mariana [72]

<span>c. no competition.is the answer</span>

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4 years ago

Corporate triple A bond interest rates for 12 consecutive months are as follows:

pashok25 [27]

Answer and Explanation:

The answer is attached below

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4 years ago

Blueberry Baking Company produced 5,500 cakes that require 3 standard pounds per unit at a $3 standard price per pound. The comp

jekas [21]

Answer:

Dr. Work in process $49,500

Dr. Material Quantity Variance $4,500

Cr. Raw material Inventory $49,500

Explanation:

First we need to calculate the Material usage variance

Standard Material = 5,500 cakes x 3 pounds = 16,500 pounds

Standard cost of Standard Material = 16,500 pounds x $3 = $49,500

Actual usage at standard cost = 16,650 pounds x $3 = $49,950

Material usage Variance = $49,950 - $49,500 = $450 unfavorable

When the actual cost incurred is more than the standard cost the variance is unfavorable.

3 0

3 years ago

Corporations report which of the following in a separate section of the income statement?A. cost of goods sold.B. income tax exp

Gemiola [76]

Answer:

B. Income Tax Expenses

Explanation:

The Purpose of the Income Statement in Financial Statement Preparation is to ascertain the profit or loss of a business entity for a particular year. Usually, the format is as follows:

1. Gross Profit= Sales- Cost of Goods sold(Opening Inventory + Purchases- Closing Inventory)

2. Net Profit/ Net Loss = Gross Profit + Other Revenues and Gains - Expenses for the period.

However, income tax expense is only calculated when the net profit has been ascertained. It is usally referred to as net income before tax. It is based on this figure, that the income tax expense is then calculated based on prevailing income tax percentage.

Every other part of the income statement covers a section, but all sections should be calculated and concluded before the income tax expense can be calculated and then subtracted to arrive at the final income tax.

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3 years ago

The high-low method calculates the total fixed cost as the: Group of answer choices

MaRussiya [10]

Answer:

c. difference between total variable costs and total costs at a particular activity level

Explanation:

The high low method consists of calculating costs on the basis of highest & lowest activity & comparing their corresponding total costs.

Variable cost per unit is found by : change in cost divided by the change in activity level for two points

Variable Cost per unit = <u>Highest activity cost - Lowest activity cost </u>

Highest activity units - lowest activity units

Fixed Cost is thereafter calculated by subtracting Total Variable Costs from Total Cost

Fixed Cost = Highest Activity Total Cost - [ (Variable cost per unit) x (highest activity units)

Fixed Cost = Lowest Activity Cost - [ (Variable cost per unit) x (lowest activity units)]

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3 years ago