WELL If you are at bad or good grades it is ALL WAYS TRUE
Answer:
A loyalty/reward program refers to prizes, discounts and other incentives that companies provide to their customers as art of aan strategy to encourage them to continue buying their products or services. Three key aspects that a company must consider when developing a successful loyalty/reward program are:
-Exclusivity because the customer has to feel that it is special to be part of the program and not that everyone gets the same benefits as the program won't provide any value for the customer.
-Customer knowledge because you need to understand your customers to make sure that the program would be relevant to them by appealing to their needs and desires.
-Contribution to the brand because you have to make sure that all the efforts support your brand as that is your image and the incentives offered have to provide value to it.
Hey there. " Using teams makes sense when the assignment involves independent tasks" would be FALSE. Hope this helps.
Answer:
REJECTED
It fails the payback test.
Explanation:
first, we check if payback occurs at year 3;
payback:
-175,000
-65,800
+94,000
<u> +41,000</u>
-105,800
the cashflow until year 3 aren't positive thus, the payback is not achieve
As the discount paymback will make the future cash inflow lower than nominal; the discounted payback will also not be achieve.
Last, let's check if the net present value of the project at 11% is positve:
The project achieve a psoitive value at the discount rate of 11%
But, It will be rejected as it fails the payback tests.
<u>Reason - Fraud prevention is more cost-effective than fraud detection or investigation:</u>
"Prevention is better than cure" - Prevention of fraud reduces the cost that the investigation or detection of fraud incurs losses.
The fraud preventive measures that can be taken by the company are as follows,
- Implementing detective controls
- Employing external and internal auditors (to issue independent checks based on the performance)
The managers and the employees of the business entity are the persons who likely detect the fraud. So, it is important that they are been educated regarding the prevention and monitoring of the fraud prevalence and fraud handling measures.