Answer:
perceptions of value
Explanation:
In sales jargon, perceived value or value of perception is refers to the appraisal of the quality of a products or services by the consumers and their ability to satisfy their demands and expectations, particularly when compared with their competitors. Marketing experts attempt to influence the potential value of a company to customers by defining the qualities which render it advantageous to the rivalry.
Perceived value ultimately boils down to just the quality of a commodity that the customer is prepared to pay. Even a quick decision taken in the supermarket of a shop requires an appraisal of the potential of a company to satisfy a need and deliver value relative to other goods with different aliases.
Answer:
maintaining company employee contact information
Answer:
Reserves
Explanation:
The Federal Reserve is the regulator and banker to commercial banks in the US. All commercial banks are required to open and operate an account with the Federal Reserve. The money that commercial banks deposits in their accounts at the federal reserve is known as reserves.
The Federal reserves use the reserves just as the commercial banks make use of customer deposits. 'Bank reserves' is another term that refers to commercial bank deposits.
Answer:
a. greater than average total cost.
Explanation:
<u><em>Average total cost</em></u> is the cost of a unit output of goods that is being produced. Total Cost is the addition of all the cost of production which include total fixed cost and the total variable cost. Average Total cost is equal to total cost divided by total number of output.
<u><em>Marginal Cost</em></u> This is the change in the opportunity cost when an additional unit is added for production,<em> it is the cost of producing one additional unit of goods.</em>
Therefore, when the average cost of production is increasing, the marginal cost is greater than average cost, and when the average cost is decreasing the marginal cost is less than average cost. Also when the average cost is neither increasing nor decreasing, the marginal cost will be equal to average cost.
Answer: Improving Peoples’ Skills
Improving Customer Service
Explanation:
Two challenges and opportunities for managers in using Organizational Behavior (OB) concepts are;
Improving Peoples’ Skills
Improving Customer Service
Improving People's skills would be seen as seeing the people develop in various field and sector where they are performing and an avoidance of this affects the growth of the organization.
Improving the customer service improves the face of the business, once this is catered for, it gives a good reputation about the company.
