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s2008m [1.1K]
3 years ago
13

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and

other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to__________, and from __________ to collaboration.
Business
1 answer:
kumpel [21]3 years ago
4 0

Answer:

Relationships; Competition.

Explanation:

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to <u>relationships</u>, and from <u>competitions</u> to collaboration.

Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.

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Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu
Kamila [148]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

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What is one of the main reasons why the need for effective communication on teams has been growing so much in the last few decad
siniylev [52]

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5 0
3 years ago
Which of the following is appropriate interview attire for women?
hammer [34]

Answer:

I'm going to say the answer is B ! I could be wrong but this is what i think :)

Explanation:

4 0
2 years ago
Gerritt wants to buy a car that costs $31,000. The interest rate on his loan is 5.67 percent compounded monthly and the loan is
gregori [183]

Answer:

$594.57

Explanation:

For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:

Given that,  

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Rate = 5.67% ÷ 12 months = 0.4725

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The formula is shown below:  

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The present value come in negative  

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5 0
3 years ago
The following information pertains to Sooner Company's cash balance and bank reconciliation as of August 31: Company balance bef
MAXImum [283]

Answer: The correct cash balance for Sooner Company is "(C) $7,150."

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6 0
3 years ago
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