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Artist 52 [7]
3 years ago
6

Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on

the agenda: "Bring with you your ideas about how we can gain a competitive advantage." Gina plans to provide the following response:
A. Always match the promotions of our competitors; price is the only thing customers care about.
B. Create a management-driven environment with lots of employee training.
C. Create a customer-driven environment where we constantly try to create customer value.
D. Restructure the organization so that there is always a manager on duty to chat with online customers who are having problems with their orders.
Business
1 answer:
SCORPION-xisa [38]3 years ago
8 0

Answer:

"C"

Explanation:

A customer - driven environment is an organisation where customer needs are identified and all efforts are in place to ensure that these needs are met to the maximum satisfaction of the customer.

Quality and pricing are key components of this system as a customer will be attracted if he is sure of the quality of a need at a reasonable price. It does not mean it should be the cheapest and lack quality.

It has been proven to be a good way of gaining competitive edge over rivals in business.

You might be interested in
Calculating Residual Income East Mullett Manufacturing earned operating income last year as shown in the following income statem
oee [108]

Answer:

1. $425,000

2. $24,250

Explanation:

The computations are shown below:

1. For Average Operating Assets  

Average operating assets = (Beginning Operating Assets + Ending Operating Assets) ÷ 2

= ($390,000 + $460,000) ÷ 2

= $425,000

2. Residual income =  Operating income - (Average operating assets × Minimum Required Rate of Return)

= $66,750 - ($425,000 × 10%)

= $66,750 - $42,500

= $24,250

5 0
2 years ago
Mario and Johnny want to start a business. They have very little capital. They are new partners and largely unfamiliar with each
Anettt [7]

Answer:

Third sentence

Explanation:

Even though they have little capital and new business partners it states in the third sentence that the two are happy to be organizing a business together to avoid liability. So if they take the time to learn about each other and to find each others strengths and weaknesses they will be able to work together and become a stronger team.

Hope this helps.

7 0
3 years ago
You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current mo
Maslowich

Answer:

<u>Mortgage liaiblity today: </u>424.092,31‬

Explanation:

We need to solve for mortage principal then;

how much do we amortize during four years and eight months old.

Last, decrease from the principal to know the current mortgage liability:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 3,120

time 360 (30 years x 12 months per year)

rate 0.00625

3120 \times \frac{1-(1+0.00625)^{-360} }{0.00625} = PV\\

PV $446,214.9972

Interest at first period:

446,215 x 0.00625 = 2.788,84

<u>Amortization at first period:</u>

3120 - 2,788.84 = 331.16

<u>Total Amount amortized:</u> will be the future value of the annuity of this first depreication during the life of the mortgage

C \times \frac{(1+r)^{time} -1}{rate} = FV\\

C 331

time 56

rate 0.00625

331.16 \times \frac{(1+0.00625)^{56} -1}{0.00625} = FV\\

Total Amortized: $22,122.6919

<u>Mortgage liaiblity today:</u>

446,215 - 22,122.69 = 424.092,31‬

4 0
2 years ago
Financial assets are priced via the balance of _____ and _____. question 56 options: assets and liabilities supply and demand do
umka21 [38]

Financial assets are priced via the balance of supply and demand.

<h3>What do the terms supply and demand mean?</h3>
  • Supply and demand is an economic theory that describes how prices are set in a market in microeconomics.
  • In a competitive market, it is hypothesized that all else being equal, the unit price for a specific good or other traded goods, such as labor or liquid financial assets, will fluctuate until it settles at a stage where the quantity demanded (at the current price) will equivalent the quantity supplied (at the current price), resulting in an economical equilibrium for price and quantity transacted.
  • It is the theoretical cornerstone of contemporary economics.

To learn more about supply and demand, refer to the following link:

brainly.com/question/1222851

#SPJ4

4 0
1 year ago
On 20/07/2019, "ABC" Company sold goods to customer "X" with a total value of $120.000 The customer pad
shepuryov [24]

Answer:

1) total sales revenue = $120,000

this amount holds regardless of how much money was collected in cash or if an account/note receivable was recorded

2) the company must recognize interest revenue:

principal = $72,000

interest revenue = $72,000 x 10% x 40/360 days = $800

Dr Interest receivable 8000

    Cr Interest revenue 800

4 0
2 years ago
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