Answer:
Gross sales is a metric for the total sales of a company, unadjusted for the costs related to generating those sales. The gross sales formula is calculated by totaling all sale invoices or related revenue transactions
Concerns about the level of service customers receive from overseas operations are likely to increase reshoring of jobs back to the US.
<h3>
What is level of service?</h3>
Level of service (LOS) is a qualitative measure used to relate the quality of motor vehicle traffic service.
LOS is used to analyze roadways and intersections by categorizing traffic flow and assigning quality levels of traffic based on performance measure like vehicle speed, density, congestion, etc.
In a more general sense, levels of service can apply to all services in asset management domain.
There are three level of service namely expected level, the desired level, and the unanticipated level.
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Answer:
B. Family members
Explanation:
A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.
The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.
Answer:
Lisette is focusing upon <u>quality aspect</u> of gaining a competitive advantage
Explanation:
Competitive advantage refers to those activities by which an enterprise gains an edge over it's competitors in the market for it's products.
There are multiple factors which lead to competitive advantage such as:
- Cost Structure
- Branding
- Quality of product offerings
- Distribution
- Intellectual Property
- Customer Service
As per the facts of the question, Lisette asked of the management to consistently produce appliances which meet customer expectations and perform as expected.
This facet relates to focus upon quality of product offerings.
When a company maintains the quality of it's products, it builds loyalty with customers who prefer it's products over rival firm's products. This is competitive advantage.