The reasons why it is crucial to form positive customer relationships as a novice entrepreneur are:
- Customers are the lifeblood of a business
- it gives the entrepreneur more information about the customer's problems and how they can be solved
- It builds trust and trust translates to improved buying decisions
- happy customers create more opportunities for your business.
<h3>What are the keys to positive customer relationships?</h3>
The keys to positive customer relationships are:
- great communication
- empathy
- Rewarding loyalty
- Seeking feedback
- consistency etc.
See the link below for more about Customer Relationships:
brainly.com/question/25656282
The intrinsic value of the stock is $29.44.
<h3>What is the intrinsic value of the stock?</h3>
The first step is to determine the value of the dividend at the end of each year:
Dividend in Y1 = 2. x 1.03 = 2.06
Dividend in Y2 = 2.06x 1.06 = 2.18
Dividend in Y3 = 2.18 x 1.04 = 2.27
Dividend after year 3 = (2.27 x 1.05) / (0.12 - 0.05) = $34.06
Now, find the present value of these dividends :2.06 / 1.12 + 2.18 / 1.12² + 2.27 / 1.12³ + 34.06 / 1.12³ = $29.44
To learn more about how to determine intrinsic value, please check: brainly.com/question/15710204
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The monopolist decision process involves a three-step process:1. The monopolist will select a quantity which maximizes profit.2. The monopolist will decide on what price he would charged.3. The monopolist will determine the total cost, total revenue, and profit.
Answer:
False
Explanation:
In autocratic leadership, the leader or manager does not allow the team members to contribute to the group's decisions. It is also known as authoritarian leadership. The leader issues command-like instructions that must be followed by everyone.
In general, workers do not like authoritarian leaders. Authoritarian leaders do not consider workers' opinions, nor do they value their inputs in decision making. Discouraging group inputs stifles creativity and innovation. Workers are always demoralized as they do not feel part of the team and its decisions.
Answer:
Consumer Financial Protection Bureau