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gregori [183]
3 years ago
8

An important issue when developing a new service or changing an existing one is the question of how different the new service is

compared to the current services offered by the firm. Which of the following is not a general factor to consider when determining this?a. Similarity to current servicesb. Similarity of expected customers to current customersc. Similarity to current processesd. Financial justification
Business
1 answer:
emmainna [20.7K]3 years ago
8 0

Answer:

Option b: Similarity of expected customers to current customers

Explanation:

Designing Service Products

This is an essential requirements when developing a new service or changing an existing one. There is this view or notion of how different the new service is compared to the current services offered by the firm. There are three general factors to consider when determining this. It includes:

1. Similarity to current service

2. Current process

3. Financial justification

Characteristics of Product Design Process

It includes:

1. The companies often bring new products to market

2. There is an integral to success

3. It differs significantly depending on the industry etc.

The Major factors in design strategy includes;

1. Cost

2. Quality

3. Time to market

4. Customer satisfaction

5. Competitive advantage

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You need to send email and schedule a meeting to handle this disagreement.

<h3><u>How to handle such disagreements ?</u></h3>
  • In the business sector, conflict resolution is essential since it helps to distinguish between excellent and poor companies. What procedures should you use as a business owner to resolve a dispute?
  • The points you can follow are:
  • 1. Identify the conflict's root cause.
  • 2. Go somewhere private and safe to discuss.
  • 3. Actively listen to what everyone has to say.
  • 4. Examine the problem.
  • 5. Find solutions to achieve the shared objective.
  • 6. Determine the appropriate course of action and the roles that each party must play in the resolution.
  • 7. Assess the situation and determine future preventive measures.
  • Everyday conflict is a part of life. With your family, friends, or coworkers, you may disagree. However, there are a number of dispute resolution techniques you may use to make sure this problem is insurmountable.
  • The achievement of corporate goals depends on managing and resolving conflict at work. Therefore, if there are any issues or conflicts between your employers, search for the best approaches to handle the matter.

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3 0
2 years ago
Friendly's quick loans, inc., offers you "$4.10 for $5.10 or i knock on your door." this means you get $4.10 today and repay $5.
storchak [24]
If it costs $5.10 to get $4.10 from Friendly's then the loanee would pay about 24% which is a pretty high interest rate and presumably the interest rate would decrease with a higher amount loaned as on a larger amount the actual amount of interest earned would still be significant with a lower interest rate.
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3 years ago
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When contemplating stopping distances, the three critical factors to be considered are
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C perception, reaction, braking
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A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who
Andrej [43]

The size of the sample that must be used is 264. The correct sample size is 264. Read below about how to arrive at the sample size.

<h3>What is the sample size that must be used?</h3>

p′ = x / n where x represents the number of successes and n represents the sample size. The variable p′ is the sample proportion and serves as the point estimate for the true population proportion.

Then, it follows that,

p= 30/10 x 88 = 264

Therefore, the correct answer is 264.

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3 0
2 years ago
What is the difference between LLC and sole proprietor?
oksano4ka [1.4K]

Answer:

Explanation:

Sole proprietor: The sole proprietor is the owner of the company which runs the business individually without involving any other member.

Limited liability Company (LLC): The LLC is the company which has limited liability towards everything like - business expenses, obligations, etc.

The difference between these two is as follows:

1. Liability: The sole proprietor has unlimited liability whereas the LLC has limited liability

2. Ownership control: In the sole proprietorship, the single owner is there who is responsible for all the things but in the LLC it includes various employees, members, outsiders who are responsible for their task and control the business activities together.

3. The Number of owners: In a sole proprietorship, only one owner is there but in LLC, many owners can be there.

4. Existence of the entities: If the business owner dies than the proprietorship is not in existence whereas in the LLC the company is in existence whether someone dies or not because other peoples are there to take their position.

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3 years ago
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