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2 years ago

Suggest and explain four activities that would be ""customer focused"" in nature

Business

1 answer:

iren2701 [21]2 years ago

7 0

Answer:

1. Efficient customer-care

2. Personalization of products

3. A transparent distribution network

4. Requesting feedback from customers

Explanation:

An organization that is customer-focused has policies in place that are relatable to the customer and make his journey through the business easier.

Activities and policies that are customer-focused in nature include;

1. A well trained customer service personnel that listen to the needs of the customers, and solve them.

2. Designing of products that fit into the needs of customer segments shows that the organization has the customers at heart.

3. Honesty and clarity in dealing with customers at every stage of the business shows that the organization is customer-focused.

4. Feedback requests helps the organization know what the customer's concerns are and how to deal with them.

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An example of a risk is _____. taxes insurance an employee injury rent

andre [41]

I believe the answer is: Injury
Risk refers to the danger or negative outcomes that arise when we decided to follow a certain decision.
From the options above, taxes and rent are considered as Obligations rather than a risk.
And insurance is considered as risk management, not the risk itself.

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2 years ago

18. Acidic foods, such as tomatoes or wine, are important in a braise to

Ksivusya [100]

A. thicken the sauce.

Acidic foods, such as tomatoes or wine, are important in a braise to thicken the sauce.

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3 years ago

Read 2 more answers

Companies address needs by putting forth a ________, a set of benefits that they offer to customers to satisfy their needs.

Dovator [93]

Answer:

value proposition

Explanation:

A value proposition refers to the guarantee of meaning that needs to be provided, shared, and remembered. It is a customer trust in how quality (advantage) is always to be provided, perceived, and gained. A value proposition might refer to an entity as a whole, or sections of it, or account holders, or products.

Another aspect of the corporate strategy is to build a value proposition. This Model is depcited on a distinct consumer value proposition," Kaplan and Norton claim. "Customer satisfaction is the foundation of stable wealth creation."

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2 years ago

Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6

Brut [27]

Answer:

There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.

$Return on Assets = \frac{Net Income}{Total Assets at year end}$ 1

$Return on Assets = \frac{Net Income}{Average Assets}$ 2

Substituting the values in equation 1 we get,

$Return on Assets = \frac{25500}{316000}$

$Return on Assets = 0.080696203 or 8.07%$

Substituting values in equation 2 we get,

$Return on Assets = \frac{Net Income}{Average Assets}$

$Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}$

$Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}$

$Return on Assets = \frac{25500}{266000}$

$Return on Assets = 0.095864662 or 9.58%$

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2 years ago

Suppose you are a leader responsible for an organization’s vision/mission statements. How often do you think they should be chan

Roman55 [17]

Explanation:

Vision and mission statements are extremely important for a company to convey its core values to its employees, suppliers and customers. They help communicate the company's identity and provide direction and set goals that are fundamental to organizational success. They are considered the basis of an organization, so it is not recommended that changes in vision and mission are frequent, the reasons that justify the change would be the change of the organizational focus and the evolution of the organizational objectives and expansion of the target audience.

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2 years ago