Answer:
Customer lifetime value predicts how much profit is associated with a customer during the course of their lifetime relationship with a company.
Explanation:
It is important to manage customer relationships because customers provide a great deal of value to the company if they remain customers for many years.
Customer lifetime value is greater for companies who have loyal customers as compared to customers who are one time only. They add less value to the company as customers are also a source of promotion for the company.
At breakeven point, the cost is equal to the revenue. This also means that the net profit is equal to zero. If we let x be the number of units sold or produced, the total costs and revenue are calculated as follows:
Total Cost = 10x + 10,000
Total Revenue = 20x
Equation both,
10x + 10,000 = 20x
The value of x from the equation is 1000.
Answer: 1000
Full question:
If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, you would be using: Group of answer choices
a.equity theory.
b.Theory X.
c.motivation-hygiene theory.
d. Theory Y.
e. scientific management.
<u>Option A:</u>
If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, you would be using: equity theory.
<u>Explanation:</u>
Equity theory intends to hit an equivalence within an employee’s input and output in the workplace. If the worker can observe his or her reasonable balance it would drive to a more rich association with the administration.
Equity theory affirms that if a self recognizes an inequity among themselves and a companion, they will adjust the work they do to address the circumstances fairly in their sights. So obtaining this fair balance assists to guarantee a stable and fruitful relationship is reached with the employee, with the overall outcome being contented, excited employees.
Answer:
The current ratio reflects existing cash as well as amounts to be converted to cash in the normal operating cycle.
Explanation:
As we know that
There are two liquidity ratios which is current ratio and quick ratio
The formula to compute each one is shown below:
Current ratio = Current assets ÷ Current liabilities
And, the quick ratio = Quick assets ÷ current liabilities
where,
Quick ratio = Current assets - inventory - prepaid expenses
By considering the two above ratios we could find the liquidity position of the ratio but the current ratio is the best as it includes all the items i,e to be required for it