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Ann [662]
3 years ago
11

Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their com

petitive capability related to ________.A. cost.
B. flexibility.
C. quality.
D. time.
Business
1 answer:
Naya [18.7K]3 years ago
7 0

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.

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if you choose between two summer jobs, what is the one you do not choose called? b. opportunity cost c. decision at the margin d
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Opportunity cost because it was an option but not the right choice
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In two to three sentences, give examples of ways employees can take initiative.
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In order for employees to take initiative is to give them something to work for. For example, you can offer a reward for all his/hers hard work. Another example would be the employee of tge month benefits, and dont just give them a better parking spot. One of the best ways for employees to take intiative is just by showing them some respect and showing you care about them.
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In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
-Dominant- [34]

Answer:

$7 million

Explanation:

Investing activities: it monitors the operations that include buying and selling long-term assets. The buying is a cash outflow, while the selling is a cash inflow

The computation of the net cash flows is shown below:

Cash flow from Investing activities  

Proceeds from sale of equipment $8 million

Acquisition of building for cash -$7  million

Purchase of marketable securities (not a cash equivalent) -$5 million

Collection of note receivable only principal amount $11 million

Net Cash flow from Investing activities $7 million

6 0
3 years ago
Suppose that the reserve ratio is 25% and that banks loan out all their excess reserves. If a person deposits $100 cash in a ban
Studentka2010 [4]

Answer:

$400

Explanation:

Given that

Reserve ratio = 25%

Deposit cash in a bank = $100

So, the maximum amount of increasing the checking account balance would be

= Deposit cash in a bank ÷ Reserve ratio

= $100 ÷ 25%

= $400

We simply divide the cash deposited by the reserve ratio so that the accurate value could come i.e maximum increase checking account balance.

7 0
3 years ago
A firm practices a chase strategy. Production last quarter was 1000. Demand over the next four quarters is estimated to be 900,
asambeis [7]

Answer:

$7,500

Explanation:

last quarter production was 1,000

production for the next four quarters:

  1. 900 ⇒ so 100 will be fired = 100 x $5 = $500 firing costs
  2. 700 ⇒ so 200 will be fired = 200 x $5 = $1,000 firing costs
  3. 1,000 ⇒ 300 will be hired = 300 x $20 = $6,000 hiring costs
  4. 1,000 ⇒ no one will be fired or hired

total firing and hiring costs = $500 + $1,000 + $6,000 = $7,500

When a firm pursues a chase strategy, it means that they are following the quantity demanded which is set by the market. They only follow the demand, they do not attempt to increase or decrease it.

7 0
3 years ago
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