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Lyrx [107]
3 years ago
8

Provide an example of an organization that continuously maintains and improves customer satisfaction through a TQM approach. Inc

lude specific examples of how customer satisfaction is improved by company initiatives. In your responses to peers, compare and contrast the organization chosen by a peer with the one you chose. How might each organization benefit from the other's experiences with improving customer satisfaction
Business
1 answer:
Semenov [28]3 years ago
6 0

Answer:

Customers require value for money.

Explanation:

Total Quality Management TQM is an approach to make the product best for its customers and work towards customer satisfaction. Customers demands may be different, some customers require value for money while others just go for brand image. Some customers like online shopping while other prefer buying the product after watching its specs. The motive of a business is to satisfy the needs of all of its customers. Coca Cola beverages company has also focused on satisfying its customers. It responds to the various flavor requirements by its customers and has introduced more than 5 flavored drinks. The quality of any drink is not compromised and it aims to provide value for money to its customers.

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The most likely promotion objective among companies in the Top 20 of sports spending is to inform and educate because they are i
Dimas [21]

Answer:

The correct answer to the following question is option D) maturity maximize outlets .

Explanation:

In the maturity stage of the product life cycle, there will be a decrease in the sales growth rate but ,not before the sales has reached its peak, because now the product is world renowned , most of the people have accepted the product and the ones who would have wanted to buy the product have bought it and in this stage competition would be high. Here a company would intensify its distribution and promotional activities .

7 0
3 years ago
Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would le
Rom4ik [11]

Answer:

Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts

Explanation:

Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.

By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.

4 0
3 years ago
2. List at least three things you would consider when choosing a bank and account type. (1-3 sentences. 3.0 points)
larisa [96]

Well that depends on the person. The three things that someone would do when considering to choose a bank is to have trust, convenience, and account features. They would have to trust the bank, and it would have to be well-known and established. Bank accounts are case-sensitive, so it takes extra time for them to further secure their account.

I am joyous to assist you anytime.

3 0
3 years ago
Swanson company has two divisions; sporting goods and sports gear. the sales mix is 65% for sporting goods and 35% for sports ge
MA_775_DIABLO [31]
We are given
fixed cost, F = $6,660,000
sales mix:
65% sporting goods
35% sports gear
margin ratio:
30% sporting goods
50% sports gear

Now, we solve for the break even point in dollars. We use the formula
x = total fixed cost / [ price - total variable cost/price ]
Using the given values
x = 6660000 / [0.65(0.3)(6660000) + .35(0.5)(660000)]/ [(0.3)(6660000) + (0.5)(660000)]
x = $14,400,000

The breakeven point is $14,400,000
This is the sales when the revenue is just equal to the total cost of producing the products resulting to zero profit.
6 0
4 years ago
Read 2 more answers
A local liquor store posts the checks of customers that are returned from the bank. The store manager says the public display of
SVETLANKA909090 [29]

Answer:

Option A; AN INVASION OF PRIVACY.

Explanation:

Invasion of privacy is the unjustifiable intrusion into the personal life of another without consent. It is used to describe a circumstance where an individual or organization knowingly intrudes upon a person.

An invasion of privacy is considered to be a tort.

The four most common types of invasion of privacy torts are:

Appropriation of Name or Likeness

Intrusion Upon Seclusion

False Light

Public Disclosure of Private Facts

The display of the checks of customers is a public disclosure of private fact of the customers, therefore, it is AN INVASION OF PRIVACY.

5 0
3 years ago
Read 2 more answers
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