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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.

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Van has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
creativ13 [48]

Answer:

Money is served three purposes- unit of account, store of value and medium of exchange

Explanation:

In this question, we are to identify the role money plays in each of the following parts of the story.

Money is used to measure the valueof good in money unit, so the values can be compared easily.

In the first case, Van is comparing between value of goods. the money serves as unit of account.

Money is used as medium of echange to avoid the difficulty arising out of goods to goods exchange.

In the second case, Van is exchanging $140 for the DVD, money is serving as medium of exchange.

Money also has store of value, it can be saved and exchanged for goods over time.

In third case, Van is saving money for future exchange, money is serving its store of value function.

3 0
3 years ago
In which stage would you typically expect to see large negative Financing Cash Flows?
kvasek [131]

Answer:

a. Startup

Explanation:

  • The negative cash flows are when the firms are having more cash outflow than the cash inflow and spending of the company is more than the earning and thus experiencing a negative cash flow.
  • This is a situation is found in the growth phase as they demand more money to generated and spend money to fuel growth and acquire the new customers and that may be set up by the distribution channels.
  • Thus startup of the company or industry can show more negative cash flows.
4 0
3 years ago
Employers who require the use of personal mobile devices in the workplace must also reimburse their employees for cellular voice
Inessa05 [86]

False,  Employers who mandate the use of personal mobile devices at workplace are not  required to pay back their staff members' cellular voice and data costs.

More about mobile devices in the workplace:

Businesses are using mobile devices to increase productivity because the nature of the workplace is changing, altering how, when, and where many of us work.

Despite the fact that mobile solutions have long been a key factor in businesses' success, the pandemic has really brought to light the many ways they boost productivity in the workplace. This occurs at a time when it may be more important than ever for organisations and employees to operate at optimal efficiency.

Learn more about workplace here:

brainly.com/question/4312895

#SPJ4

7 0
2 years ago
Oriole Company purchased equipment for $41600. Sales tax on the purchase was $2496. Other costs incurred were freight charges of
Aleksandr [31]

Answer:

The cost of the equipment is <u>$45,416</u>.

Explanation:

The cost of a newly purchased equipment is the addition of all relevant costs uncured in order to make the equipment ready for use.

The cost of the equipment includes costs such as purchase price, tax paid on the purchase, installation costs, etc.

However, any cost incurred to repair any damage to an equipment during installation is not part of equipment cost. Such repair costs are just ordinary expenses that are charged to the income statement during the period.

Based on the explanation above, the cost of the equipment by Oriole Company can be calculated as follows:

Equipment cost = Purchase price + Sales tax + Freight charges + Installation costs ..................... (1)

Since,

Purchase price = $41,600

Sales tax on the purchase = $2.496.

Freight charges = $624

Installation costs = $696.

Substituting the values into equation (1), we have:

Equipment cost = $41,600 + $2,496 + $624 + $696 = $45,416

Therefore, the cost of the equipment is <u>$45,416</u>.

5 0
3 years ago
Businesses that apply the marketing concept will fail if each company involved in
Dmitry [639]

Answer:

Explanation:

Which of the following was a demand of the marchers

jobs for women

segregated schools

an end to bias

second-class citizenshipWhich of the following was a demand of the marchers?

6 0
3 years ago
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