Churn is a term used to refer to turnover in a firm's customer base

Answers

Answer 1

The term used to refer to turnover in a firm's customer base is churn. The correct option is B.

Churn refers to the rate at which customers stop doing business with a company, and move on to a competitor or simply stop consuming the product or service. It is an important metric to track because high churn rates can be detrimental to a company's financial performance and sustainability.

Additionally, churn can be indicative of customer dissatisfaction or issues with the product or service being offered. It is important for companies to analyze their churn rate and identify potential reasons for high turnover. By doing so, they can implement strategies to improve customer retention and loyalty, ultimately leading to long-term success.

Factors such as pricing, customer service, and product quality can all impact churn rate, so it is important for companies to focus on addressing these issues to reduce customer turnover.

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Complete question:

The term used to refer to turnover in a firm's customer base is _____.

a) Turnover

b) Churn

c) Attrition rate

d) Turn ratio

e) Defection rate


Related Questions

Starbucks created the Starbucks College Achievement Plan that offers eligible
employees full tuition to earn a Bachelor's degree in partnership with Arizona State
University. This action represents the
dimension of social responsibility.

Answers

The aforementioned action represents the philanthropic activities dimension of social responsibility.

What is CSR?

CSR is abbreviation for corporate social responsibility and it can be defined as a business organization's (company's) obligation to act in a manner that benefits and adds significant value to the society and the people living in the environment where it operates, and usually as it conduct its business operations.

Basically, corporate social responsibility (CSR) is typically focused on improving the society through any positive and beneficial means possible.

Corporate social responsibility requirements stages.

Generally speaking, there are four different corporate social responsibility requirements stages and these include the following:

Financial and economic viability.Compliance with legal and regulatory requirements.Ethics, principles, and values.Philanthropic activities such as offering eligible employees full tuition, in order to enable them a Bachelor's degree.

In this context, we can reasonably infer and logically deduce that the aforementioned action represents the philanthropic activities dimension of social responsibility.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,100 account of a customer, C. Green. On March 9, it receives a $1,600 payment from Green.
Prepare the journal entry or entries for January 31.
Prepare the journal entry or entries for March 9; assume no additional money is expected from Green.

Answers

Answer: Please see answer in explanation column

Explanation:

a) Journal entry to write off an uncollectible amount.

Date          Account                                         Debit             Credit

Jan 31st    Allowance for doubtful accounts  $2,100

Accounts receivable—C. Green                                          $2,100

b) Journal to record recovery of the bad debt.

Date          Account                                         Debit             Credit

Mar 9  Accounts receivable—C. Green        $1,600

Allowance for doubtful accounts                                         $1,600

c) Journal to record payment on account.

Date          Account                                         Debit             Credit

Mar 9      Cash                                                 $1,600

Accounts receivable—C. Green                                           $1,600

what is the meaning of business opportunity

Answers

Answer:

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. ... This is different from the sale of an independent business, in which there is no continued relationship required by the seller.

Explanation:


What is the decrease in the overall value of an asset called?
ОА.
depreciation
OB.
deceleration
Ос.
amortization
OD
disinvestment


Answers

Answer:

C Amortization

Explanation:

Because I am smart

Answer:

depreciation

Explanation:

Why can you win a presidential election without winning the most individual votes?

Answers

Answer:

Because of Electoral College system

Explanation:

Answer:

You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.

Explanation:

(hope this helps :P)

Explain the present value concept by completing the following sentence:
A person can use the present value concept to calculate how much money he has to invest (today, tomorrow) in order to have a specific sum of money in the (present, future).

Answers

A person can use the present value concept to calculate how much money they need to invest today in order to have a specific sum of money in the future.

The present value is the current value of a future sum of money, taking into account the time value of money and the potential earning power of that money if it were invested.

The present value concept assumes that money has a time value, meaning that the value of money changes over time due to factors such as inflation and the potential for investment returns. Therefore, money that will be received in the future is worth less than the same amount of money received today.

To calculate the present value, a person must know the future sum of money they want to receive, the time period in which they want to receive it, and the expected rate of return on their investment. By discounting the future sum of money back to its present value, using an appropriate discount rate, a person can determine how much money they need to invest today to reach their future financial goal.

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The Human Resource Management and Development (HRM\&D) practitioner is required to be a leader in the organization. Compare and contrast the role of the Human Resource Management and Development (HRM\&D) practitioner as an organizational leader pre- and post-Covid. The discussion is to include (but not limited to) a discussion of Human Resource Management leadership on organization strategy and management. (15 marks)

Answers

The role of HRM&D as leaders within the organization has become more critical in the post-Covid era. This includes their involvement in strategy, change management initiatives, supporting the overall management of the organization.

Pre-Covid, HRM&D practitioners played a significant role in managing human resources, such as recruitment, training, and employee relations. They provided support and guidance to employees but were not always seen as strategic leaders within the organization. However, post-Covid, the HRM&D practitioner's role as an organizational leader has become more pronounced.

In the post-Covid era, HRM&D practitioners are increasingly involved in shaping organizational strategy. They provide insights and expertise on workforce planning, talent management. HRM&D leaders contribute to developing agile and resilient organizations capable of navigating the challenges brought about by the pandemic.

Furthermore, HRM&D practitioners now play a vital role in change management. They help organizations adapt to new ways of working, implement remote work policies, and foster a positive and inclusive organizational culture. They are instrumental in supporting employees  ensuring their well-being and productivity.

Additionally, HRM&D practitioners have an increased focus on the management of the organization as a whole. They collaborate with other leaders to align human resources strategies with business objectives, promote effective communication, and foster employee engagement.

Overall, the role of HRM&D practitioners as organizational leaders has expanded post-Covid. They have become integral in shaping organizational strategy and supporting the overall management of the organization, ensuring its resilience and success in a dynamic and challenging business landscape.

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Lightskins or Darkskins


Or Other ?

Answers

Answer:

any kind of boy

Explanation:

I have no type

Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

Me piden que observe diferentes medios de comunicacion para identificar el nombre y una referencia a un gerente

Answers

La respuesta correcta para esta pregunta abierta es la siguiente.

Si lo que te pidieron es  observar diferentes medios de comunicación para identificar el nombre y una referencia a un gerente, te podemos compartir la siguiente información.

No nos especificas a qué país te refieres o el país donde tú vives, así que elegiremos televisoras internacionales.

Estas son Telemundo, Univisión. CNN en Español, Grupo Televisa, Grupo Imagen. y Grupo TV Azteca. Los directivos-gerentes de estas dos últimas son magnates de la comunicación, hombres de negocio millonarios con gran influencia a nivel Latinoamérica. Me refiero a Ricardo Salinas, de Grupo Salinas, dueño de TV Azteca, y Olegario Vázquez, dueño de Grupo Imagen.

Lionel is asked to conduct an STP analysis for his firm. The first step he should perform in this analysis is to: develop a business mission statement choose the best target markets. reposition existing segments, divide the marketplace into subgroups. conduct a SWOT analysis.

Answers

Lionel should divide the marketplace into subgroups as the first step in his STP analysis. This will allow him to identify the most promising target markets for his firm and develop a long-term strategy for success.

Lionel should begin the STP analysis by dividing the marketplace into subgroups. This is the first step in the process because it involves identifying and understanding the various segments within the larger market. Once the market has been divided into subgroups, Lionel can then conduct a detailed analysis of each segment to determine which ones are the most viable and lucrative for his firm to target.

It's worth noting that while developing a business mission statement and conducting a SWOT analysis are important parts of the overall marketing strategy, they are not the first steps in the STP analysis. The mission statement and SWOT analysis come later in the process and are used to refine the target market and position the firm's products or services within that market.

In summary, Lionel should divide the marketplace into subgroups as the first step in his STP analysis. This will allow him to identify the most promising target markets for his firm and develop a long-term strategy for success. In conducting an STP analysis for his firm, the first step Lionel should perform is to divide the marketplace into subgroups.

1. Divide the marketplace into subgroups: Lionel should start by identifying different subgroups within the market, based on factors such as demographics, psychographics, behavioral patterns, or geographical location.

2. Develop a business mission statement: Once the subgroups are identified, Lionel can create a mission statement that outlines the purpose and direction of his firm.

3. Conduct a SWOT analysis: Next, Lionel should perform a SWOT analysis to identify the strengths, weaknesses, opportunities, and threats related to each subgroup.

4. Choose the best target markets: Based on the SWOT analysis, Lionel should select the most attractive subgroups to target as potential customers.

5. Reposition existing segments: Finally, Lionel should reposition the firm's products or services in a way that appeals to the chosen target markets, ensuring a strong competitive position.

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Which of the following terms describes the type of marketing information
system that supports personal-selling activities such as prospecting and
account maintenance?
A. Inventory control
B. Database marketing
C. Marketing mix monitoring
D. Customer relationship management

Which of the following terms describes the type of marketing informationsystem that supports personal-selling

Answers

Answer:

Customer relationship management

Explanation:

The terms that describe the type of marketing information system that supports personal-selling activities such as prospecting and account maintenance is Customer relationship management. Thus, option D is correct.

What is Customer relationship management?

Customer relationship management (CRM) is a system that allows you to manage all of your company's relationships and interactions with current and prospective customers. The purpose is straightforward: to strengthen commercial ties. A CRM system assists businesses in staying connected to customers, streamlining procedures, and increasing profitability.

Customer relationship management is the phrase used to define the sort of marketing system that facilitates personal-selling operations like prospecting and account maintenance. As a result, option D is correct.

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True or False?
Social workers work at both the state and national level.

Answers

True




Explanation: because true

The portion of net income on a budget referred to as discretionary income is most appropriately used for:.

Answers

Discretionary income is speaks to your net income that is not eaten up by your imediate personal needs.

Discretionary income

Generally, Net income is simply the difference of gross profit and all other expenses and all other costs

Your discretionary income comes out of your disposable income, This speaks to your net income that is not eaten up by your personal needs, its the money for left over to save, invest, or spend.

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whats an acrostic poem for economic

Answers

Answer:

An acrostic poem is a poem where certain letters in each line spell out a word or phrase. Typically, the first letters of each line are used to spell the message, but they can appear anywhere.

Here are some examples I found for economic.

whats an acrostic poem for economic
whats an acrostic poem for economic

The information regarding the acrostic poem for economic should be explained below:

The following information should be considered:

An acrostic poem is a poem in which certain letters in each line spell out a word or phrase. Typically, the first letters of each line are applied  to spell the message, however they can appear anywhere.

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Engi Sola Corp. Manufactures solar engines for tractor trailers. Given the fuel savings available, new orders for 125 units have been made by customers requesting credit. The variable cost is $9,700 per unit, and the credit price is $11,100 each. Credit is extended for one period. The required return is 1.9% per period. If Engi Sola extends credit, it expects that 30% of the customers will be repeat customers and place the same order every period forever, and the remaining customers will be one-time orders.

Answers

Answer:

The net present value (NPV) of the decision to grant credit is $2,938,157.89.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Engi Sola Corp. Manufactures solar engines for tractor trailers. Given the fuel savings available, new orders for 125 units have been made by customers requesting credit. The variable cost is $9,700 per unit, and the credit price is $11,100 each. Credit is extended for one period. The required return is 1.9% per period. If Engi Sola extends credit, it expects that 30% of the customers will be repeat customers and place the same order every period forever, and the remaining customers will be one-time orders.

Calculate the NPV of the decision to grant credit.

The explanation of the answer is now given as follows:

Number of new orders = 125 units

Percentage of repeat order = 30%

Number of order that will be repeated forever = Number of new orders * Percentage of repeat order = 125 * 30% = 37.50 units

Credit price per unit = $11,100

Variable cost per unit = $9,700

Contribution margin per unit = Credit price per unit - Variable cost per unit = $11,100 - $9,700 = $1,400

Total contribution for all new order = Number of new orders * Contribution margin per unit = 125 * $1,400 = $175,000

Total contribution margin for order that will be repeated forever = Contribution margin per unit * Number of order that will be repeated forever = $1,400 * 37.50 = $52,500

Net present value (NPV) of total contribution margin for order that will be repeated forever = Total contribution margin for repeated order forever / Required return = $52,500 / 1.9% = 2,763,157.89

Net present value (NPV) of the decision to grant credit = Total contribution for all new order + NPV of total contribution margin for order that will be repeated forever = $175,000 + 2,763,157.89 = $2,938,157.89

Therefore, the net present value (NPV) of the decision to grant credit is $2,938,157.89.

Question 7 of 20
A marketing plan includes a number of factors, including the marketing mix.
What is the marketing mix?
A. Using names and symbols to identify the company's products
OB. A plan for spending money
OC. How the company intends for customers to view its product
relative to the competition
OD. The variables of product, price, place, and promotion
SUBMIT

Answers

Answer:

answer is d

Explanation:

yes

Which career do you think it would be most difficult to break into and why?

Answers

Answer:

Professional athlete

Explanation:

A lot of work and not a lot of free-time.

Nurses (




Nursing is an incredibly stressful career. ... In fact, stress and burnout affect 10-70% of nurses.

The founders of Warby Parker were most concerned about disruption coming from:
a. Their major existing competitors
b. Copycat firms invading their market
c. Failing product quality
d. Three or four folks in a dorm room somewhere coming up with a better idea than theirs.

Answers

The founders of Warby Parker were most concerned about disruption coming from three or four folks in a dorm room somewhere coming up with a better idea than theirs. Option D

Warby Parker was founded on the idea of disrupting the eyewear industry, which was dominated by a few major players with high prices. They saw an opportunity to offer affordable and fashionable glasses through a direct-to-consumer model. However, they knew that the market was ripe for disruption and that there could be other startups or individuals who could come up with a better idea than theirs.

While existing competitors and copycat firms were certainly a concern, the founders recognized that these were more predictable threats that they could potentially address through innovation and differentiation. On the other hand, a small team with a disruptive idea could quickly gain traction and threaten their market position.

This is why Warby Parker has always placed a strong emphasis on innovation and staying ahead of the curve. They constantly iterate and test new ideas, products, and services to ensure that they remain relevant and ahead of their competitors.

In conclusion, the founders of Warby Parker were most concerned about disruption coming from a few individuals in a dorm room somewhere coming up with a better idea than theirs. This is why they have always prioritized innovation and staying ahead of the curve in order to maintain their competitive edge in the market. Option D

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Which cable news network produces the most straight reporting?

A. MSNBC

B. ESPN

C. CNN

D. FOX

Answers

Answer:

C.

Have a good morning✨

Answer:

A

Explanation:

with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

Answers

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

what is the decision making process

Answers

Answer:

Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.

There are actually five steps in the process the five steps are:

There are 5 steps in a consumer decision making process a need or a want is recognized, search process, comparison, product or service selection, and evaluation of decision. Most decision making starts with some sort of problem.

Explanation:

Hope this helps: D

- Lea

Brainliest pleae: P

Given the following information, what are the NZD/SGD currency against currency bid-ask quotations? (You are required to compute two sets of cross-rate bid and ask quotes. 1. "New Zeland dollar" means the cross rate of NZD/SGD. 2. "Singapore dollar" means SGD/NZD. Do not round intermediate calculations. Round your answers to 4 decimal places. ) American Terms Bid Ask Bank Quotations New Zealand dollar Singapore dollar European Teres Bid Ask 1. 3772 1. 3786 1. 6311 1. 6324 7277 -7284. 6144 6149 New Zealand dollar Singapore dollar Bid Ask

Answers

The bid-ask quotations for the NZD/SGD currency pair are as follows: New Zealand dollar (NZD) against Singapore dollar (SGD): Bid: 1.3772, Ask: 1.3786

Singapore dollar (SGD) against New Zealand dollar (NZD):

Bid: 0.7277

Ask: 0.7284

To calculate the bid-ask quotations for the NZD/SGD currency pair, we need to consider the cross rates between the New Zealand dollar (NZD), Singapore dollar (SGD), and the American Terms and European Terms bid-ask quotations.

For the NZD/SGD bid-ask quotations:

The bid quotation is obtained by dividing the European Terms bid (1.6311) by the American Terms ask (1.3786), which gives us 1.3772.

The ask quotation is obtained by dividing the European Terms ask (1.6324) by the American Terms bid (1.3772), which gives us 1.3786.

For the SGD/NZD bid-ask quotations:

The bid quotation is obtained by dividing 1 by the NZD/SGD ask quotation (1.3786), which gives us 0.7277.

The ask quotation is obtained by dividing 1 by the NZD/SGD bid quotation (1.3772), which gives us 0.7284.

Therefore, the bid-ask quotations for the NZD/SGD currency pair are as follows:

New Zealand dollar against Singapore dollar:

Bid: 1.3772

Ask: 1.3786

Singapore dollar against New Zealand dollar:

Bid: 0.7277

Ask: 0.7284

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Which of the following choices incur speculative risk?

a.stocks

b.fire insurance on a house

c.options

d.life insurance


e.high interest savings account

Answers

Answer: correct option is A.

Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.

Stocks incur speculative risk. Therefore option A is correct.

What are Stocks?

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

Common stock and preferred stock are the two primary categories of stocks.

Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.

Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.

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A company database needs to store information about employees (identified by IDno, with salary and phone as details), departments (identified by dno, with dname and budget as details), and children of employees (with name and age as details). Employees work in departments; each department is managed by an employee; a child must be identified uniquely by name when the parent (who is an employee; assume that only one parent works for the company) is known. We are not interested in information about a child once the parent leaves the company. Draw an ER model that captures this information. The answer should also show clear entities, attributes, relationships, and possible cardinality

Answers

The ER model includes three entities: Employee (IDno, Salary, Phone), Department (dno, Dname, Budget), and Child (Name, Age). The relationships are: Employees work in departments (WorksIn, 1:1), each department is managed by an employee (Manages, 1:1), and an employee can have multiple children (HasChild, 1:N).

The ER model captures the information about employees, departments, and children in a concise manner. The Employee entity includes attributes such as IDno (employee identifier), Salary, and Phone. The Department entity includes attributes like dno (department identifier), Dname (department name), and Budget. The Child entity includes attributes Name and Age.

The relationships in the model are represented as follows:

1. Employees work in departments: This relationship (WorksIn) indicates that one employee works in one department (1:1 cardinality).

2. Each department is managed by an employee: This relationship (Manages) signifies that one employee manages one department (1:1 cardinality).

3. An employee can have multiple children: This relationship (HasChild) denotes that one employee can have multiple children (1:N cardinality).

The ER model diagram would visually represent these entities, attributes, relationships, and their respective cardinalities. It helps to understand the structure and connections between the entities in the database design.

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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?

Answers

When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.

Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.

Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.

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interest incurred, but not yet paid during an accounting period, should be recorded as an expense and a(n) . multiple choice question. revenue contra account asset liability

Answers

Interest incurred, but not yet paid during an accounting period, should be recorded as an Accrued Expense.

Accrued Expense is an expense  which is incurred in one accounting period but not yet paid.

Recording an accrued expense means that transaction has been recorded when it incurred but not yet paid.

It is shown on the liability side of the balance sheet as a current liability because it makes obligation for the company to pay its expenses.

It helps in showing the true and fair view of the financial statements .

It requires more journal entries to record than simple cash balance accounting.

It increases both expense and liabilities as unpaid bills get accumulated.

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The price elasticity of demand for tickets to local baseball games is estimated to be equal to 0.89. In order to boost ticket revenues, an economist would advise:
increasing the price of game tickets because demand is inelastic

Answers

Tickets to regional baseball games are thought to have a price elasticity of demand of 0.89. An economist might recommend raising the price of game tickets since demand is inelastic in order to increase ticket income.

By dividing the percentage change in quantity demanded by the percentage change in price, the price elasticity of demand, also known as price responsiveness, assesses how sensitive changes in price are to changes in quantity demanded.

The product is said to have unit (or unitary) price elasticity if the change in quantity purchased is equal to the change in price, for example, 10% 10% = 1.

The above question is incomplete, the complete question is:

The price elasticity of demand for tickets to local baseball games is estimated to be equal to 0.89. In order to boost ticket revenues, an economist would advise:

a. increasing the price of game tickets because demand is inelastic.

b. not changing the price of game tickets because demand is unit elastic.

c. increasing the price of game tickets because demand is elastic.

d. decreasing the price of game tickets because demand is elastic.

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Amy works as a teller at the local bank. What kind of education would Amy likely have needed for her job?

Answers

Answer:

high school diploma

Explanation:

Answer:

High School Diploma

Explanation:

I took the test said it was right. Also when you search what the requirements to become a bank teller it says "High School Diploma or equivalent."

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