Customer response time is: A. the time taken for value to be placed on a company's products by customers. B. the time taken for
development of a new process for producing products and delivering them to customers. C. the time taken for given inputs to be converted into an output. D. the time taken for development of products that have superior attributes to existing products. E. the time taken for a good to be delivered or a service to be performed.
There are ways to treat a customer. Customer response time is the time taken for a good to be delivered or a service to be performed.
<h3>What is Customer response time?</h3>
Customer response time is known to be the timeframe or period between the placement of a said order and the date of the delivery goods or services.
It is also known as the time between when a customer is said to makes a certain inquiry about a specific product or make a purchase of good or service and when it is said to be received by the customer.
The customer excellence is the process of fulfill all the requirement of the products based on the products and the services in an organization.
The main aim of the customer excellence is that it makes the consumer more satisfied by providing an effective services as they always focus on the actual needs of the customers with loyalty.
According to the given question, the Singapore airlines is basically focused on the various types of competitive advantages by using the customer excellence in an organization.
A stockbroker is a person engaged in the buyng and selling of stocks and securities on a recognized stock exchange on behalf of his clients/investors.
In investing some money in purchasing some stocks, a stockbroker is the right person to engage because stockbrokers buy securities and stocks from the issuing company directly and they are versatile in this aspect as they know companies with good dividends and interest. They give competent investment advice on stocks and companies issuing securities. It is best to work with and engage a stockbroker in purchasing stocks.
Stockbrokers act like the agent of their clients/investors on whom they enter transactions on the stock exchange. They own their principal, that is the investors/clients duties of reasonable care, utmost good faith, loyalty. The stockbroker has a duty to obtain the best selling price or pay the most reasonable price for the stocks on behalf of his clients.
