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VARVARA [1.3K]
2 years ago
14

One of the reasons service failures need to be addressed quickly is to: increase empowerment zones. avoid a situational ethics c

onflict. minimize the zone of tolerance. avoid negative word of mouth from upset customers. keep management from finding out what happened.
Business
1 answer:
Andrej [43]2 years ago
5 0

It should be noted that one of the reasons service failures need to be addressed quickly is to avoid negative word of mouth from upset customers.

According to the question, we are to discuss reasons service failures need to be addressed quickly and what the failure to do so can bring.

As a result of this we can see that doing this can avoid negative word of mouth from upset customers, which directly prevent the potential customer from not patronizing.

Therefore, avoiding negative word of mouth from upset customers serves as the reasons service failures need to be addressed quickly.

Learn more about service failures at;

brainly.com/question/24857149

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4 0
3 years ago
Everything else held constant, an increase in the excess reserves ratio causes the m1 money multiplier to ________ and the money
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The M1 money multiplier decreases and the money supply decreases when the required reserve ratio on checkable deposits rises, all else being equal.

<h3>What is the reserve ratio?</h3>

The percentage of deposits that commercial banks must retain in cash under the guidance of the central bank is known as the cash reserve ratio.

<h3>How is reserve ratio determined?</h3>
  • The country's central bank, in the instance of the United States, the Federal Reserve, determines the reserve ratio requirement.
  • The calculation for a bank can be obtained by dividing the bank deposits by the cash reserve held with the central bank, and it is expressed as a percentage.
<h3>What is an example of the reserve ratio?</h3>

The required reserve ratio is directly correlated to how much a bank expands the money supply. For instance, if a bank has deposits totaling $1,000,000 and a reserve ratio of 10%, it can lend out $900,000.

learn more about reserve ratio here

<u>brainly.com/question/13758092</u>

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4 0
2 years ago
Suppose an economy produces only cranberries and maple syrup. In 2010, 50 units of cranberries are sold at $20 per unit and 100
mestny [16]

Answer:

A. 90

Explanation:

nominal GDP = 50*20 + 100*8 = 1800

real GDP = 50*10 + 100*15 = 2000

GDP deflator = (nominal GDP/ real GDP)*100 = (1800/2000)*100 = 90

5 0
2 years ago
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In calculating a predetermined overhead rate, a recent trend in automated manufacturing operations is to choose an activity base
iragen [17]

Answer: c. machine hours.

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In reference to Automated Operations, the Activity base that is usually used to in determining a pre-determined overhead rate are Machine hours.

It is standard practice to relate overhead to the Direct Labor involved in the production of a commodity and since in this case the direct Labor mostly consists of Machines (Automated) then it is best to relate activities to the Machine hours involved instead.

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3 years ago
Which of the following is not a type of bank
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What are choices for this question
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3 years ago
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