A customer-oriented orientation is a management philosophy that focuses on ways to satisfy customers' needs and wants.
1. A customer-oriented orientation is a management philosophy that prioritizes the satisfaction of customers' needs and wants.
2. This philosophy places the customer at the center of decision-making processes and aims to meet their expectations.
3. Organizations that adopt a customer-oriented orientation often gather information about their target market, conduct market research, and analyze customer feedback to understand what customers want and need.
4. By understanding customers' preferences, organizations can tailor their products, services, and marketing strategies to better meet those needs and wants.
5. Customer-oriented organizations may also invest in customer service training to ensure that their employees provide excellent customer service and resolve any issues promptly.
6. By focusing on satisfying customers' needs and wants, organizations can build customer loyalty, gain a competitive advantage, and achieve long-term success.
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f(5) =
f(3) =
f(-5) =
f(-3) =
Answer:
53636363633636336366363
How can the government be both a producer and a consumer in respect to its relationship with business
Answer:
they gonna tinda and be kind to the coatumets
Answer:
they are gonna tinda and be nice to the caotmautes
3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above
Answer:
Private Sector
Explanation:
I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint
Honda and Toyota have used insourcing for years to produce cars in the United States. Insourcing:
A. helps offset the number of jobs being outsourced.
B. increases the number of jobs being outsourced.
C. damages the United States economy.
D. causes jobs to be lost to overseas competitors
Insourcing is a business strategy that involves delegating a task to an internal team instead of outsourcing it to a third-party vendor.
In the automotive industry, Honda and Toyota have been using insourcing for years to produce cars in the United States. The strategy has proven to be highly beneficial for both companies as it helps them maintain quality control and save costs on shipping and logistics. Moreover, insourcing also creates job opportunities for American workers, thereby offsetting the number of jobs being outsourced overseas. Therefore, the correct answer to the question is A. Insourcing helps offset the number of jobs being outsourced. It is a win-win situation for both companies and workers in the United States as it promotes economic growth and development.
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According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to.
According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to remain constant.
What does a flat yield curve mean?A flat yield curve is an indicator that interest rate would be constant. The long term and short term interest rate would be the same. A downward sloping yield curve can also be an indicator that there is an expectation of lower inflation rate in coming years.
If the yield curve is upward sloping, the short term interest rate would be lower than the long term interest rate
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Describe different data sources, explaining their usefulness and disadvantages.
Common data sources include internal databases, external reports, and online platforms.
What are the advantages and drawbacks of various data sources?Different data sources offer varying degrees of usefulness and come with their own set of disadvantages.
Internal databases are valuable as they contain firsthand information specific to the organization. They offer detailed and reliable data, but their limitations lie in potential inaccuracies or incomplete records.
External reports, such as industry publications or government statistics, provide a broader perspective and benchmarking opportunities.
However, they may lack timeliness or relevance to the organization's specific needs.
Online platforms and social media present real-time data and user-generated content, enabling insights into customer sentiments and trends.
However, their disadvantage lies in potential bias or misinformation. Careful evaluation of data quality, relevance, and reliability is crucial when using these sources.
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What are the three stages at which advertising evaluation occurs, and what do marketers evaluate at each stage? What are the different types of testing methods for measuring ad effectiveness? If you were an advertiser, which type of testing method would you use? Explain the reasons for
your choice of method. (PLATO)
The three stages at which advertising evaluation occurs are Awareness, Consideration and Conversion. The different types of testing methods for measuring ad effectiveness are Communication and Sales Effect Test, Laboratory and Field Test and Message and Media Effect Test.
What are the types of advertisement evaluation?Pre-testing, concurrent testing, and post-testing are the three types of tests used in advertisement assessment.
The different kinds of techniques used for estimating Advertisement effectiveness are as follows:-
Communication and Sales Effect TestLaboratory and Field TestExperimental and Survey TestMessage and Media Effect TestAdvertising has three stages are awareness such as audience development, consideration (lead creation and authority acquisition), and conversion (nurture and sales).
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-1 Name the Act that makes provision for employees to improve their work performance.
Fifty (50) years ago, scientists used computers that filled up an entire room.
O True
O False
Answer:
true
Explanation:
_____ includes ongoing support and maintenance costs, as well as acquisition costs.
TCO (Total cost of ownership) is the cost that includes ongoing support and maintenance cost along with acquisition cost. Total cost of ownership is basically purchase price of asset along with cost of operation. Total cost of ownership is actually a way of assessing the long-term value of a purchase to a company or individual.
Different corporations use the total cost of ownership as a means of analyzing business deals, while individuals basically look at the total cost as a way of assessing potential purchases.
Companies use this cost of ownership over the long term as a framework for analyzing business deals. The total cost of ownership is a way of adopting more holistic approach that assesses the purchase. This sort of analysis includes the initial purchase price as well as all direct and indirect expenses.
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Help me and I will give you 30 Brainliest if your answer is correct.
"Jamie is not sure exactly what career to pursue but when she learned about the Human Services cluster, something spoke to her. Which types of career pathways are available to Jamie? Pick a career from each path and explain what it involves and where she might work if she had that job."
One of the careers from the Human Services Cluster that Jamie can consider looking at is Career Counselling.
What are Human Services Clusters?Human needs are met via activities such as counseling and mental health programs, family and neighborhood services, personal care, and consumer services in the Human Services profession cluster.
Given that Jamie herself struggled with making this choice, she should find a purpose in Career Counselling. The career pathway to becoming a career counselor is given as follows:
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Politics is sort of like a game. And the best gamer is great at manipulating the rules.
Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.
Select an organization or business you are familiar with and select a category of business intelligence system you learned in Decision Making and Business Intelligence. How could the type of system enable the organization/business to make better decisions? Provide at least two examples of decisions that can be supported using the system to allow the organization/business to gain competitive advantage.
I will select Amazon, an e-commerce giant, and the category of business intelligence system known as Customer Relationship Management (CRM). A CRM system can enable Amazon to make better decisions regarding customer interactions and relationships, leading to a competitive advantage. Here are two examples:
1.) Customer Segmentation:
With a CRM system, Amazon can analyze customer data, including purchase history, browsing behavior, demographics, and preferences. By segmenting customers into distinct groups based on their characteristics and behaviors, Amazon can gain insights into their needs and tailor marketing campaigns and product offerings accordingly. For instance, if the system identifies a group of customers who frequently purchase electronics, Amazon can create personalized recommendations and promotional offers for electronics products, thereby increasing customer satisfaction and sales.
2.) Churn Prediction and Retention:
A CRM system can help Amazon predict customer churn by analyzing various factors such as purchase frequency, customer complaints, and interaction patterns. By identifying customers who are likely to churn, Amazon can take proactive measures to retain them. For example, if the system detects a decrease in a customer's purchase frequency, it can trigger automated email campaigns offering special discounts or personalized recommendations to re-engage the customer. By effectively managing customer retention, Amazon can minimize revenue loss associated with churn and maintain a loyal customer base.
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use the table and proivded and explain the law of diminshing returns
plz help asap
Answer:
The law of diminishing returns states that at some point, the amount of additional output per amount of additional input decreases more and more as more inputs are used. In other words, at some point the marginal product will continuously decrease with more labor (input).
This is reflected in the table, where marginal product decreases past 2 units of labor. At 2 units, the marginal product is 14. This reduces to 6 at 3 units, and further to 2 with 12 units of labor.
Explanation:
which of these is mos likely outcome of a financial crisis
Answer:
More bankruptcies
Explanation:
Financial crises are caused by number of reasons such as stock market crash, liquidity shortage, over-valued assets which make investors sell off their investments hence causes panic withdrawals for customers due to rumored banking collapse etc.
When financial crises occur, the profit due to firms will be eroded because the revenue expected by them is not coming forth. Moreso, the overall corporate profit would also be affected by the financial crises hence bring about loss and subsequent bankruptcies.
Financial crises creates unemployment or massive lay-offs, loss of money hence increase chances of creating more bankruptcies.
In the ______________, households receive goods and services and pay firms for them.
1. labor market
2. financial capital market
3. goods and services market
4. savings market
In the goods and services market, households receive goods and services and pay firms for them.
What is the definition of a goods market?All the purchasing and selling of products and services is referred to as the "goods market." By "money market," we refer to the relationship between the supply and demand for money as determined by the Federal Reserve through the banking system (i.e., the size of the money stock).Examples of goods are automobiles, appliances, and clothing. Examples of services are legal advice, house cleaning, and consulting services.In the goods and services market, households receive goods and services and pay firms for them.
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In response to threats from such companies as Amazon, established manufacturers and retailers became "brick-and-click" oriented by adding online services to their existing offerings. This is known as ________. Group of answer choices
Answer:
Re-intermediation
Explanation:
Re-intermediation is the method applied by most businesses in using the internet to bring together new customers for a business. The advent of technology can afford business owners the possibility of eliminating physical intermediaries in a business. For example, house agents help people who are seeking for new places to live in, find houses easily. Through the internet, however, landlords can directly advertise their vacant houses, thus eliminating the agent relationship which would have served as an intermediary.
So, when established manufacturers by-pass Amazon (which is an intermediary between buyers and sellers) by adding online services to their existing offerings, they have done a re-intermediation.
______ analysis is a technique that expresses each financial statement amount as a percentage of another amount on the same financial statement.
Answer: vertical
Explanation:
A U.S. company that manufactures home appliances is interested in entering the Chinese market. The company has many national appliance competitors in China, all of which have a better understanding of the unique needs of Chinese customers. Based on these facts, the U.S. company should consider which strategy for entering the Chinese market
Answer: Global strategic alliance
Explanation:
A global strategic alliance is an arrangement that takes place between two companies when they both go into a project that is mutually beneficial even though the independence of each company is still retained.
Based on these facts that have been given in the question, the U.S. company should consider using this strategy for entering the Chinese market.
"Computit bought a new copier machine. which of these costs should be expensed? (
check all that apply.) multiple select question.
O replacement of the toner for the copy machine
O annual maintenance cost O freight bill to deliver
the machine O invoice price of the machine
The costs that should be expensed in the case of Computit buying a new copier machine are:
- O replacement of the toner for the copy machine
- O annual maintenance cost
- O freight bill to deliver the machine
1. Replacement of the toner for the copy machine: The toner replacement cost is a regular operating expense directly related to the ongoing use and maintenance of the copier machine. It is necessary for the machine to function properly and produce copies, so it should be expensed as part of the regular operating costs.
2. Annual maintenance cost: The annual maintenance cost is another regular operating expense associated with the copier machine. It covers maintenance and repair services needed to keep the machine in good working condition. Like the toner replacement cost, it is necessary for the ongoing operation of the machine and should be expensed.
3. Freight bill to deliver the machine: The freight bill to deliver the machine is a one-time cost incurred to transport the copier machine to Computit's location. Since it is a cost directly associated with acquiring the copier machine, it should be expensed as part of the initial purchase transaction.
In the case of buying a new copier machine, the replacement cost of the toner, annual maintenance cost, and the freight bill to deliver the machine are all expenses that should be recorded as part of Computit's operating costs.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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A bond with a par value of $1,000 and an annual coupon has a yield to maturity of 5.70% and a current price of $960. If the bond has 6 years to maturity, what is its current yield
The answer is 5.10%
What is maturity value?The amount owed and due to be paid to the holder of a financial obligation as of the obligation's maturity date is its maturity value. The phrase typically refers to a loan's or bond's outstanding principal balance. In the event of a security, par value and maturity value are the same.
The maturity value is determined by MV = P * (1 + r)n.
P stands for the principal sum.
The applicable interest rate is r.
The amount of compounding is n. Interest is added to the principal amount depending on how long the deposit was made for. intervals from the deposit date to maturity.
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Will you act immediately on the business opportunity \that you have identified?
Answer:
Yes because once one has found an opportunity one must seize it.
Explanation:
It is not advisable to act immediately on the business opportunity that is determined.
A business opportunity includes the lease or sale of any specific product, equipment, or service that will help or make it possible for the purchaser-licensee to begin a business. It is important to consider certain other factors before immediately acting on the business opportunity that is determined. They are:
Size of the Market Relationships with potential investors or customers Capability to manage the Cash Flow Persistence and Passion Management skillsThus, we can conclude that one must not act immediately on the business opportunity that is determined before properly analyzing different factors associated with it.
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Discuss how the JIT concept differs between manufacturing and service companies.
Similar to manufacturing, services use methods that add value to the raw materials required to make the finished product. JIT emphasizes the process rather than the end result. Therefore, it may be applied to any set of processes, whether they are involved in manufacturing or providing services.
In the context of the industrial and service industries, the Just in Time (JIT) system: Companies use just-in-time (JIT) inventory strategies to boost productivity and cut waste by only ordering products when they are actually needed for manufacturing, which lowers inventory expenses.
Between service and manufacturing organizations, there are five key differences: the tangible nature of their output; production on demand or for inventory; production tailored to the needs of a particular customer; labour-intensive or automated operations; and the requirement for a physical production location.
In reality, though, service and industrial firms have a lot in common. Many manufacturers have their own service departments, and both industries need trained workers to run a successful organization.
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Donna is thinking about buying a house that costs $250,000. If she puts down $50,000 and is able to get a 5 percent
mortgage, she wants an estimate of her total monthly housing expenses. The average annual cost
for owning a house is 4.09 percent of the value of the house. If we do not include the opportunity cost of the down
payment, amortization on the loan or any tax benefits from homeownership, what will be her monthly cost the first
month?
Answer:
$1,685.41
Explanation:
we need to calculate:
monthly interest payment on the mortgage for the first monthmonthly cost of owning a housemonthly interest payment on the mortgage for the first month = $200,000 x 5% x 1/12 = $833.33
monthly cost of owning a house = $250,000 x 4.09% x 1/12 = $852.08
total monthly cost = $833.33 + $852.08 = $1,685.41
During which step would you review any handouts or previous assignments?
a. Surveying
C.
2nd read through
b. 1st read through
d. Summarizing
The Correct Answer is A. Surveying for Edge2020
Answer: a. Surveying
Explanation:
The answer is indeed Surveying.
Surveying in terms of reading refers to looking through a text in a broad manner and focusing on key details so as to find out if the text is something that you feel is interesting enough to be read in-depth.
It is during this stage that you review any handouts and/ or previous assignments by looking or skimming through the aforementioned to see if they can be of any help in the current project.
Answer:
A. Surveying
Explanation:
When interviewing, you should always try to lean towards the more formal side. In general, you would want to dress one step higher than those who currently work there
Answer: False, it'll be right to appear moderate and coperate
Explanation:
When attending interviews it's advised you put on your best behavior and look good. It won't be encouraging to out-dress the existing workers, it won't speak fantastic to dress better bit it's required to look good and moderate
"In accordance with ........ strategy, the exchange rate had been undervalued throughout the 1980s. However, continuous real depreciations generated many costs in the economy. These depreciations tend to depress real wages and tend to keep real interest rates higher domestically than abroad thanks to arbitrage."
a. export oriented industrialization
b. import oriented industrialization
c. import substitution industrialization
d. export substitution industrialization
"In accordance with import substitution industrialization strategy, the exchange rate had been undervalued throughout the 1980s. These depreciations tend to depress real wages and tend to keep real interest rates higher domestically than abroad thanks to arbitrage." Option C is the best choice.
Import substitution industrialization (ISI) is a business approach that strives to boost indigenous industries while decreasing reliance on imported commodities. Throughout the 1980s, the currency rate was devalued in conformity with this policy.
When a country's exchange rate is undervalued, its native currency becomes weaker in relation to international currencies. Imports become more expensive as a result, while exports become more competitive in international markets.
The country hopes to discourage imports and stimulate indigenous production by undervaluing the currency.
However, continuous real depreciations (decreases in the value of the currency compared to inflation) incurred significant economic consequences. These depreciations tend to lower real earnings, reducing workers' purchasing power. Therefore, Option C is the best choice.
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which economic indicators most strongly suggest than an economy is experiencing the expansion phase of the business cycle?
The economic indicators that most strongly suggest that an economy is experiencing the expansion phase of the business cycle are as follows: GDP Growth Rate, Employment, Consumer Confidence, Industrial Production, Investment and Capital Spending.
1. GDP Growth Rate: The growth rate of gross domestic product (GDP) is a crucial indicator of economic expansion. When the GDP is growing rapidly, it suggests that the economy is experiencing an expansion phase.
2. Employment: When an economy is in expansion, it will generate jobs, lowering unemployment rates. Therefore, falling unemployment rates indicate that the economy is growing.
3. Consumer Confidence: Consumer confidence is critical to the expansion phase of the business cycle. A rise in consumer confidence suggests that individuals believe that the economy will continue to grow.
4. Industrial Production: Industrial production also a crucial economic indicator. Industrial production growth shows that there is increased demand in the economy, meaning that it is growing.
5. Investment and Capital Spending: When businesses are investing in the economy by increasing their capital expenditure, it indicates that they believe the economy will continue to grow. When companies invest, it leads to increased job creation and economic growth.
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Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.