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never [62]
3 years ago
11

A company's skills are functions—such as customer service and promotions—that the firm performs better than its competitors

Business
2 answers:
Tasya [4]3 years ago
8 0

Answer:

Here the given statement is true.

Explanation:

The given above statement is true , customer service and promotions are recognized as a company's skill set , which if a company would perform better than its competitors than it would be able to attract more customer base and even retain its target audience. Customer service skills are really important for every company as these skills helps in increasing its target consumers and retain them by addressing the customers redressal, fulfilling their needs and wants and improving their experience.

FinnZ [79.3K]3 years ago
3 0

Answer:

The correct answer is True.

Explanation:

Business skills correspond to a function developed by an organization effectively, which gives it a competitive advantage over others in the same sector. They are acquired continuously and for a period of time, and generally perceived by customers, who grant approval status.

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Which job is categorized as professional and would most likely earn a salary?
Serggg [28]
If there are any choices please do tell.
But for me, I would go with being a teacher.

3 0
3 years ago
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What are the benifits of strategic management process
skelet666 [1.2K]
These are some of my personal benifits of strategic management process:

It allows organizations to be proactive rather than reactive. A strategic plan allows organizations to foresee their future and to prepare accordingly.

It sets up a sense of direction.

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I hope it helped you!
3 0
3 years ago
Which of the following are correct descriptions of large corporations? (You may select more than one answer. Single click the bo
erik [133]

Answer:

  • The corporation survives even if managers are dismissed.
  • Shareholders can sell their holdings without disrupting the business.

Explanation:

Large corporations are not as easy to dissolve as other types of companies because they have other resources that are able to keep them going if they lose some. One of those resources could be a manager. Should a manager be dismissed, the corporation will survive and simply replaced the dismissed manager.

Also with such corporations, the shareholders can simply sell their shares and the business's operation will not be disrupted as the shareholders do not have any direct say over the day to day running of the business.

4 0
3 years ago
An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of var
ziro4ka [17]

Complete Question:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is:

Group of answer choices

A) the safety of the principal invested.

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

C) the yield is always higher than mortgage yields.

D) the yield is always higher than bond yields.

Answer:

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Explanation:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Generally, common stocks are considered by financial experts or broker-dealers to be a suitable type of investment of variable annuities because the prices of common stocks in the market are not fixed and as such they are affected by economical changes such as inflation or recession.

5 0
3 years ago
Montross Lumber processes wood to be shipped to construction companies. In order to keep its products uniform, Montross conducts
tiny-mole [99]

Answer:

$450

Explanation:

Activity based costing is the process by which a business allocates cost on the basis of the number of times an activity is carried out.

For example if different departments use a photocopier to copy 3,000, 5,000, and 2,000 sheets. The total cost will be allocated based on amount of activity per department.

In this instance

Total number of boards= 36,000

Inspections= 5% of the total

Inspection cost= $15 per hour

Percentage that will be inspected= 0.05 * 36,000 = $1,800

It takes one minute to inspect each board, there are 60 minutes in one hour. So 60 boards are inspected in one hour.

Number of inspection hours= 1,800 ÷ 60= 30 hours

Total cost of inspection= Cost per hour * Number of hours

Total cost of inspection= 15 * 30= $450

7 0
3 years ago
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