All categories

2 years ago

How important is customer service as part of meeting customers' needs?

Business

1 answer:

Sonja [21]2 years ago

7 0

Answer:

Meeting customer needs is crucial for any business looking to retain and attract new customers. Because, as important as the discovery phase is, knowledge about what your customer needs from you is only as good as the way you use it. ... You may even need to plan, build and execute on a brand new facet of your product.

You might be interested in

Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at

Ivenika [448]

Answer:

c) $110,000

Explanation:

The computation of the borrowing amount is shown below:

= Value of home × given percentage - current mortgage amount

= $200,000 × 80% - $50,000

= $160,000 - $50,000

= $110,000

For computing the accurate value, we have to deduct the current mortgage amount from the net value of home.

Since only 80% is related to the home value so we take only 80% and rest 20% would be ignored.

7 0

3 years ago

Product-oriented layout is characterized by high demand for the same or similar products. Another name for this layout is

dexar [7]

Answer:

Repetitive layout

Explanation:

In simple words, Product-oriented layouts can be understood as the model that is grouped around items with equivalent high low commodities or families. Consumer demand is strong enough to warrant the high investment in specialized equipment in such a design. The commodity is standardized or entering a life cycle period that justifies investments in advanced equipment.

3 0

3 years ago

Suppose our firm produces chartered business flights with capital (planes) and labor (pilots) in fixed proportion (i.e. one pilo

qaws [65]

Answer:

C. optimal capital labor ratio remains the same

Explanation:

One pilot for each plane implies A = B

Let cost be C

So, isocost line is xA + rB = C

So, xA + yA = C (as L = K)

So, (x+y)A = C

So, A = C/(x+y) =B

Optimal capital labor ratio = B/A = 1 as B =A

Now, wage rate increases to x'

So, isocost line is x'A + yB = C

So, x'A + yA = C (as A = B)

So, (x'+y)A = C

So, A = C/(x'+y) = B

New optimal capital labor ratio =B/A = 1 as B = A

Thus, optimal capital labor ratio remains same because capital (planes) and labor (pilots) are used in fixed proportion.

Thus the answer is

C. optimal capital labor ratio remains the same

5 0

3 years ago

Embezzlers who manipulate accounting records to conceal their fraud (or theft of assets) most often ____.Group of answer choices

Bingel [31]

Answer:

."Balance" the accounting equation by increasing expenses.

Explanation:

If an organization wants to manipulate its accounting records so that it could conceal their fraud so the best way is to balance the accounting equation by increasing the expenses so no one can judge it and they can fulfill their objective

Here,

Accounting equation is

Total assets = Total liabilities + stockholder equity

The company increases their expenses with a motive to earn high income and wants to hide it by this method

So in the given case, the same method is applied

5 0

3 years ago

__________aggregate customers' opinions related to products or services that they have purchased and then suggest them to others

Rudik [331]

Answer:

Recommendation websites

Explanation:

Recommendation websites aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

These websites make use of customer data based on what they have purchased in the past (product or service) to present to them new/similar products.

6 0

2 years ago