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LenKa [72]
3 years ago
9

What is a customer retention?

Business
2 answers:
snow_lady [41]3 years ago
6 0
Customer retention is keeping customers as repeat customers. Repeat customers come back to make purchase more then one time.
Anna007 [38]3 years ago
4 0

Answer:

Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.

Explanation:

can i have brainliest

You might be interested in
A company has 800 bonds outstanding with a par value of $1,000 and priced at 95% of par. It also has 40,000 shares of common sto
alisha [4.7K]

Answer:

Bonds   = 24%

Shares  = 76%

Explanation:

The weight of each of the finance sources is the proportion that their market value bears to the total market value.

This is computed as follows:

                                                                               $

Market value of bonds= 95%× 1,000× 800= 760,000

Market value of shares = 60× 40,000=        <u>2,400,000</u>

Total market value                                        <u>  3,160,000</u>

Bonds             = 760,000/3,160,000× 100= 24%

Shares             = 2400000/3,160,000×  100= 76%

7 0
3 years ago
Friends of the Court" documents filed by interested parties to encourage the Court to grant or deny certiorari, or to urge the C
Firlakuza [10]

Answer:

The correct answer is D

Explanation:

Amicus curiae briefs, is a group or a person who does not serve the purpose and burdens the Court or who is not a party to an action but persist a strong interest in the matter. So, the filing is not favored.

In this case, documents filed through the interested parties in order to encourage the court, it will known as the Amicus curiae briefs.

5 0
4 years ago
For the period from 2019 to​ 2020, a company reports the​ following: Percentage change in sales 30​% increase Percentage change
timama [110]

Answer:

If sales are $5,000,000 in​ 2019, the sales in 2020 will be

$6,500,000

Explanation:

a) Data and Calculations:

                                                 2019     2020      Change

Percentage change in sales    100%     130%     30​% increase

Percentage change in cost of

  goods sold                             100%    120%     20​% increase

Percentage change in

 gross profit                             100%    125%     25​% increase

Sales are in​ 2019 =       $5,000,000   $6,500,000 ($5 million * 130/100)

Alternatively, the 30% increase can be computed, to get $1,500,000 ($5,000,000 * 30%).  This change in sales is then added to the 2019 sales figure to get $6,500,000, which is the sales in 2020.

3 0
3 years ago
Danes generally are not afraid of taking chances; they are comfortable doing things that are not carefully thought out or planne
Aleks04 [339]

Answer:

uncertainty avoidance

Explanation:

Based on the information provided within the question it can be said that this is an example of the application of Hofstede's typology under the values which highlight uncertainty avoidance. This term refers to the difference between cultures pertaining to the amount of unpredictability that they can tolerate. Which in this scenario is stating that the Danes have a high tolerance for unpredictability.

8 0
3 years ago
Assuming the Fashion line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Fashio
horrorfan [7]

Answer:

A) Increase $137,500

Explanation:

Calculation for how will operating income be affected

CHANGE IN OPERATING INCOME

Sales Revenue (Additional) $850,000

(250 %* 340,000)

Less Variable expenses (Additional) ($587,500)

(250 % *$ 235,000)

Contribution Margin $ 262,500

($850,000-$587,500)

Less Fixed Expenses ($76,000)

($262,500-$76,000)

Operating Income $ 186,500

( $ 262,500-$76,000)

Less Previous Operating Income ($49,000)

Operating Income $137,500 Increase

($ 186,500-$49,000)

Therefore the operating income will increase by $137,500

7 0
3 years ago
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