Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their competitive capability related to Flexibility.
<u>Explanation:</u>
The main components that decides the success of any business is the way they treat their customers. There are few important things to be kept in mind and practice while serving customers. the person dealing with the customers directly must have certain skills. These skills includes, Communication skills, listening skills, professionalism, problem solving and flexibility.
The ability of the person who is dealing with the customers to deal with different kind of situations refers to the flexibility of that person. The customers of any business has different need and their levels of satisfaction differs. It is very essential for a person dealing with the customers to be flexible with the customer's need and fulfill the level of satisfaction.Flexibility in customer service means ability to adjust to situations. Each customer has different needs and flexibility skills means being able to address effectively the dynamics of every customer encounter.
Answer: Option D
Explanation: In simple words, gross profit refers to the amount of revenue that the company is left with after deduction for the expenses that are incurred to make and sell that specific product.
The low pay to supplier means that the company will have a low cost to produce the product which will result in increase in gross profit.
Hence the correct option is D.
Answer:
Debit Credit
Bank/Cash $200,000
Bonds payable $200,000
Explanation:
The journal entry which shall be recorded by Meister Company in its accounts in respect of bonds issued by it, on January 1, 20X1, is mentioned below:
Debit Credit
Bank/Cash $200,000
Bonds payable $200,000
Answer:
The correct option is B
Explanation:
In this question, we are asked to calculate the cash payment to suppliers total.
To calculate this, we employ a mathematical approach.
Mathematically;
Cash Payment to supplier
= cost of goods sold - decrease in inventory +decrease in account payable
From the question, we identify;
Cost of goods sold = $183,000
Decrease in inventory =$8,000
Decrease in account payable =$4,000
Plugging these values in the equation, we have;
Cash payment to supplier = 183000 - 8000+4000
= $ 179000
Answer: we can conclude Chuy plans to save $55 a week
Explanation:
