Customer relationship management alerts staff when it is necessary to follow up with a customer in order to increase the likelihood of a transaction. Hence, the correct answer is Customer relationship management.
Why is customer pleasure so important?Customer satisfaction is a business word that is frequently used. It is a metric that indicates how effectively a company's products and services meet or exceed consumer expectations. "The number of clients or a percentage of total customers, whose reported experience with a company, its products, or its services exceeds specified satisfaction targets." Customers play an important role in keeping a product or service current; as a result, it is in the best interests of the firm to ensure customer satisfaction and foster customer loyalty.
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The current price of canvas messenger bags is $36 each and sales of the bags equal 400 per week. If the price elasticity of demand is 2.5 and the price changes to $44, how many messenger bags will be sold per week? Use the midpoint formula.
By using the price elasticity of demand formula, the quantity of messenger bags that would be sold per week is 240 messenger bags.
What is the price elasticity of demand?Mathematically, the price elasticity of demand can be calculated by using the following formula;
Price elasticity of demand = (Q₂ - Q₁)/[(Q₂ + Q₁)/2]/(P₂ - P₁)/[(P₂ + P₁)/2]
For the change in price, we have:
Change in price, ΔP = P₂ - P₁
Change in price, ΔP = $44 - $36
Change in price, ΔP = $8
From the midpoint formula, the midpoint price is given by:
Midpoint price, P = (P₂ + P₁)/2
Midpoint price, P = ($44 + $36)/2
Midpoint price, P = $80/2
Midpoint price, P = $40
For the change in quantity, we have:
Change in quantity, ΔQ = Q₂ - Q₁
Change in quantity, ΔQ = Q₂ - 400
From the midpoint formula, the midpoint quantity is given by:
Midpoint quantity, Q = (Q₂ + Q₁)/2
Midpoint quantity, Q = (Q₂ + 400)/2
Midpoint quantity, Q = 0.5Q₂ + 200
Now, we would substitute the parameters into the formula for price elasticity of demand:
-2.5 = (Q₂ - 400)/8 × 40/0.5Q₂ + 200
Evaluating the above, we have:
-2.5(0.5Q₂ + 200) = 5(Q₂ - 400)
-1.25Q₂ - 500 = 5Q₂ - 2000
5Q₂ + 1.25Q₂ = 2000 - 500
6.25Q₂ = 1500
Q₂ = 1500/6.25
Q₂ = 240 messenger bags.
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Complete Question:
The current price of canvas messenger bags is $36 each and sales of the bags equal 400 per week. If the price elasticity of demand is -2.5 and the price changes to $44, how many messenger bags will be sold per week? Use the midpoint formula.
Mary, Ellen, and Doug are co-workers. Mary frequently makes sexual comments to
Doug and comments on his physique. Doug seems to find this amusing, but Ellen
finds it offensive.
True or False: Ellen is not a victim of harassment because none of Mary's comments
are directed at her.
True "Ellen is not a victim of harassment because none of Mary's comments are directed at her." Option A
Who is a victim of harassment?
Generally, It is possible for anybody, regardless of factors such as race, color, age, religion, ancestry, or se/xual orientation, to be the target of harassment or discrimination.
People who are impacted by the harassment might be victims, bystanders, or even witnesses in certain instances.
All of these people are considered to be engaged. There are instances of discrimination and harassment that were not done intentionally.
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A survey found that 76% of men preferred darker jeans. if 500 men were sureveyed, how many answered that they preferred darker jeans
Answer: 380 men preferred darker jeans
Explanation:
76% of 500 is 380
In The New Rules, which social media channel is described as “a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?”
D. Twiter- is said to as a major source of newsjacking ideas and a potent way to communicate with the media in real time in the new rules.
Hence, option D. is the right choice.
Why would you utilise newsjacking?Through the use of "newsjacking," you may present your company and your spokesperson (or spokespersons) as an authority on a certain subject. Since it generates instant coverage, this is crucial for a brand in the near term.
Is newsjacking morally correct?Only if you adhere to these three key rules can newsjacking be considered ethical. For your client's target audience and them, the newsjacked tale makes sense. For your media contact, your proposition offers real value.
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The complete question is-
In The New Rules, which social media channel is described as "a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?"
A. Facebk
B. Instagrm
C. Snpchat
D. Twittr
What is the best source of information to use when purchasing a new car?
O Social media posts
O Car salesman on the lot
O Advertisement in a car magazine
O Unpaid reviews on reputable car sites
Option D. Unpaid reviews on reputable car sites
What sources of information do you have about cars?Awards and rankings. There are many awards and many websites publish rankings of vehicles in different categories.
NHTSA or IIHS. These two organizations evaluate the safety of new cars.
Government website.
Understanding how a car works can help you drive more safely, reduce the risk of accidents, and extend the life of your car. For example, if you know how brakes wear over time, you can identify signs of wear early and replace them before increasing the risk of brake failure.
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how are taxes handled in a partnership from a business ownership?
Answer:
A partnership doesn't pay income tax as a business. It divides the income equally among the partners, who then pay income tax on their portion.
So this is a personal problem please help
So...I knew this girl for about 6-8 years and we been doing everything together but Yesterday I found out she was talking behind my back and I don’t know what to do I know I should not talk to her anymore or be friends but she doesn’t know I know that she was talking behind my back how do I tell her????
Answer:
ask her why
Explanation:
because friend will do somthing for a reason
can you help with 1040 form for acct 130 class
Answer:
what is the question lol? I could probably help you out !
what are five ways you can make sure the customers experience is the best that can possibly turn them into a loyal customer?
Answer:
Here is 6 ways
Explanation:
1. Set up ways to communicate with your customers
2. Provide extra perks for your most loyal customers
3. Consider different payment plans
4. Provide great customer service
5. Don’t rely too much on technology
6. Offer a head start
1. What is the average annual return if someone invested 100% in bonds.
2. What is the average annual return if someone invested 100% in stocks
3. Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds
4. Your friend tells you he is going to start investing and would like to earn a 10% return. He says stocks make him nervous, so he will only be investing 10% in stocks and the remaining 90% will be invested in bonds. What would you say to him?
5. Use evidence from this graph to explain the value of investing in both stocks and bonds- not just one or the other
The average annual return for investing 100% bonds and 100% stocks has been around 3-5% and 8-10% respectively. The range of 10% bond and 90% stock is wider as stocks are generally riskier than bonds. Investing solely in bonds not be sufficient to achieve a 10% return. Investing in Bonds can provide steady income, while stocks offer higher returns but also more risk.
The average annual return for investing 100% in bonds varies depending on the type of bonds and the current interest rates. Generally, bonds have a lower rate of return compared to stocks, so the average annual return would likely be around 3-5%.
The average annual return for investing 100% in stocks varies depending on the type of stocks and market conditions. Historically, the average annual return for stocks has been around 8-10%.
The range of potential annual returns for a portfolio with 10% bonds and 90% stocks would likely be wider than a portfolio with 10% stocks and 90% bonds. This is because stocks have a higher potential for both gains and losses compared to bonds, which are generally considered a more stable investment.
It's important to have a diversified portfolio that includes both stocks and bonds, as this can help reduce risk and increase potential returns over the long term. While stocks may be more volatile, they also have the potential for higher returns compared to bonds. A financial advisor can help determine the best asset allocation based on your friend's individual goals and risk tolerance.
Investing in both stocks and bonds can help balance risk and return in a portfolio. While stocks have the potential for higher returns, they also come with higher risk, while bonds offer stability and income.
By combining both types of investments, an investor can potentially increase returns while reducing overall risk. The graph may show the benefits of diversifying a portfolio and the importance of balancing risk and return.
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--The given question is incomplete, the complete question is given
" 1. What is the average annual return if someone invested 100% in bonds.
2. What is the average annual return if someone invested 100% in stocks
3. Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds
4. Your friend tells you he is going to start investing and would like to earn a 10% return. He says stocks make him nervous, so he will only be investing 10% in stocks and the remaining 90% will be invested in bonds. What would you say to him?
5. Use evidence from this graph to explain the value of investing in both stocks and bonds- not just one or the other"--
Phyllis makes a deal with her niece Stephanie that if Stephanie gave up gambling for two years, Phyllis would pay Stephanie $5,000. Stephanie gave up gambling for the required two years. Does this deal have valid consideration
Answer:
Yes .
Explanation:
I think so because Stphanie did what Phyllis asked , now she should get her well deserved $5,000 .
Can someone please help me? Please
The email to the party venue inquiring as to the dates for the party as well as other factors is written below.
What is the email?Email to Party Venue:
Date: June, 20, 2023
To: [Insert Party Venue Email Address]
From: [Your Name and Email Address]
Subject: Inquiry for Christmas Party Venue
Dear Thomas Halls,
I am writing to inquire about the availability of your venue for our upcoming Christmas party. Our party is scheduled for [Insert Date and Time], and we are expecting 100 guests to attend.
In addition to the venue, we are also in need of tables, chairs, linens, flatware, dishes, and audio-visual equipment. We would also like to know if catering services are available and what options you may have.
Could you please let me know if your venue is available on [Insert Date], if you have the necessary equipment, and if you can accommodate our party of 100 people? We would appreciate any information you can provide on your available options and pricing.
Thank you for your time, and I look forward to hearing back from you soon.
Sincerely,
Milda Tom
Reply Email from Party Venue:
Date: June, 21, 2023
To: [Your Email Address]
From: [Insert Party Venue Name and Email Address]
Subject: Re: Inquiry for Christmas Party Venue
Dear Milda Tom,
Thank you for your email and interest in our venue for your Christmas party. We are pleased to inform you that we have availability on [Insert Date] and can accommodate your party of 100 guests.
We do offer the necessary equipment, including tables, chairs, linens, flatware, and dishes, and audio-visual equipment is available upon request. Catering services are also available, and we would be happy to provide you with more information on our available options.
We have attached our pricing information for your review, and please feel free to contact us with any questions or concerns you may have. We look forward to the opportunity to host your Christmas party at our venue.
Thank you for considering our venue, and we hope to hear from you soon.
Best regards,
Thomas Halls
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See transcribed text below
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Scenario:
You are planning a banquet for your workplace Christmas party. You are charged with finding the venue, chairs, tables, and other equipment you may find necessary to conduct your party. The number of people attending is 100, the party is from 7:00 p.m. to 1:00 a.m.
Some things to consider in your request is, is there catering services, tables, linens, flatware, dishes, audio-visual equipment,
etc.
Assignment:
1. Write an email to the party venue inquiring as to 1) are the dates for your party available, 2) do they have the necessary equipment, and 3) are able to accommodate your party of 100 people. Format your request in the proper email format including Date, To, From, and Subject lines.
2. Create a reply email from the venue in response to your request.
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A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
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The Perspective explains mental characteristics and traits that are shared by all or most humans.
Answer:
The perspective being referred to is likely the evolutionary perspective, which suggests that certain mental characteristics and traits are shared by all or most humans because they have evolved to be adaptive and enhance survival and reproductive success. These may include things like fear of dangerous animals, attraction to healthy mates, and language acquisition abilities.
Explanation:
Explain the role of emotional intelligence?
Emotional intelligence refers to the ability to recognize, understand, and manage one's own emotions and the emotions of others. It involves skills such as empathy, self-awareness, and social awareness, which are important for building relationships, making decisions, and achieving goals. Emotional intelligence can help individuals communicate effectively, resolve conflicts, and adapt to change. It is particularly important for leaders and managers, as it can improve their ability to lead and motivate others.
People are unlikely to buy Big Macs in the places where they are relatively cheap (according to purchasing power parity) and sell them where they are relatively more expensive, in order to make a profit because: Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box. check all that apply they would be expensive to transport.unanswered there is little resale market for used Big Macs.unanswered it violates trade agreements.unanswered they are perishable.unanswered the transaction costs would be too high.unanswered it is against the law.unanswered
People will buy at places that are cheap and sell at more expensive prices because:
The transactions costs would be too high.There's little resale market for used Big Macs.They would be expensive to transport.They're perishable.What is transactions cost?Transactions cost simply mean the expenses that are incurred when one buys or sells a particular product.
In this case, the above options are the reasons why people are unlikely to buy Big Macs in the places where they are relatively cheap according to purchasing power parity.
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B2B marketing requires a special, unique set?
why all businesses should go green
Answer:
because it's good for the environment
Explanation:
:]
Firms will generally make-to-order when
Firms will generally make-to-order when the demand for goods is not stable.
What is Make to order?Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.
The products may be customized and its usually done when a company has less demand or work.
Therefore, Firms will generally make-to-order when the demand for goods is not stable.
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a possible cause of favourable material price is
The demand for cooldrink is price elastic if
Answer:
see below
Explanation:
Elastic demand describes a scenario where a small change in price results in a significant difference in the quantity demanded. The term 'elastic ' suggests a moving or a stretching demand. Goods that have many substitutes have an elastic demand.
A product or service will have an elastic demand when a small price change greatly affects consumption. Customers will still seek alternative cheaper options if the price increases, which causes demand to drop significantly. The demand for cooldrink is price elastic if a small change in price results in demand changing considerably.
What is the best business to start from 12-17 yrs old in UK
purchased goods of rs 40000 journal entries
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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At the beginning of Year 1, a company reported a balance in common stock of $164,000 and a balance in retained earnings of $64,000. During the year, the company issued additional shares of stock for $54,000, earned net income of $44,000, and paid dividends of $11,400. In addition, the company reported balances for the following assets and liabilities on December 31.
Assets Liabilities
Cash $53,600 Account payable $9,100
Supplies 13,400 Un-earned revenue 2,400
Prepaid rent 24,000 Salaries payable 3,500
Land 200,000 Notes payable 15,000
Required:
a. Prepare a statement of stockholders' equity.
b. Prepare a balance sheet.
Answer:
Explanation:
The preparation of the statement of stockholder equity and balance sheet is presented below:
a. Statement of stockholder equity
Particulars Common stock Retained earnings Total stock equity
Beg balance $150000 $50,000 $200,000
Add: Addi shares $40,000 $40,000
Add: Net income $30,000 $30,000
Less: dividend -$10000 -$10000
Total $190,000 $70,000 $260,000
b. Balance sheet
Assets Amount
Cash $52,600
Supplies $13,400
Prepaid rent $24,000
Land $200,000
Total assets $290,000
Liabilities Amount
Account payable $9,100
Un-earned revenue $2,400
Salaries payable $3,500
Notes payable $15,000
Stockholder equity $260,000
Total liabilities & stockholder equity $290,000
The tables show two ways to pay off $500 in credit card debt. Which is the best option for someone who wants to improve his or her credit and pay less interest on the debt? $15 a month because it will let the person keep more spending money $100 a month because it will free up credit to buy other things $15 a month because it will save money in the long run $100 a month because it will reduce the amount of interest paid
$100 a month because it will free up credit to buy other things and it will reduce the amount of interest paid.
What is an installment in EMI?A set monthly payment made by a borrower to a creditor on a predetermined day each month is known as an equated monthly installment (EMI). Every month, interest and principal are subject to EMIs, and the loan is repaid in full over a number of years.
When you have extra money, you can periodically credit more into your loan account than your EMI to reduce your interest payment. If you deposit more than your EMI, which is due on a regular basis, most banks won't impose a pre-payment penalty.
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if china has china business is china china or just china
who will wim trump or bid en³³³³³³³³³³³³³³³³³³³³³³³³∉∉∉∉∉∉∉∉∉∉∉
Answer:bid
Explanation:
Answer:
biden is a china puppet aka he is being controlled by china
Explanation:
Assume that a gourmet food manufacturer has considered renting a booth at a local mall to sell gift boxes of candy, nuts, and cookies during the holiday season. The fixed costs to rent and operate the booth would be $27,900. The unit contribution margins and sales mix anticipated by the company are as follows: Unit Contribution Margin Sales Mix Candy $1.50 50% Nuts $2.00 30% Cookies $1.00 20% What would be the weighted average contribution margin
Question 16 of 40
What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.
D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.
The correct answer is C) , Specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.
Specialization and cross-training differ in terms of the focus of training and development. Specialization involves employees focusing on developing expertise in a particular skill or area of work. It often involves becoming highly proficient and knowledgeable in a specific field or task.
Specialization allows employees to become experts in their chosen area and can lead to increased efficiency and productivity in that particular domain.
On the other hand, cross-training involves training employees in multiple skills or tasks that are outside of their primary area of expertise. It aims to provide employees with a broader skill set and the ability to perform different roles within an organization.
Cross-training helps in creating a more flexible workforce that can adapt to changing needs and handle a variety of tasks. It also enhances collaboration and teamwork by enabling employees to understand and appreciate the work of their colleagues in different areas.
Specialization and cross-training are both valuable approaches depending on the organizational needs and employee roles.
Specialization is beneficial when deep expertise and mastery in a specific area are required, while cross-training is advantageous for fostering versatility and adaptability among employees.
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In its first year of operations Best Corp. had income before tax of $540,000. Best made income tax payments totaling $177,000 during the year and has an income tax rate of 30%. What was Best's net income for the year?
Answer:
$378,000
Explanation:
Best Corp. has income before tax of $540,000.
The tax rate is 30%. the amount of tax will be 30% of $540,000.
= 30/100 x $540,000
=0.3 x 540,000
=$162,000
Tax amount = $162,000.
Net income = Income before tax - tax amount
=$540,000 - $162,000
=$378,000
Due to supply chain problems, iPhone’s cost of production prices increased. This made the retail price jump to Dh 6000. What is the impact on the demand of Samsung phone?
Based on the provided information, the impact on the demand of Samsung phone will increase because Samsung serves as substitute goods for iPhone.
What is demand?demand can be regarded as the quantity of a good that can be purchased willingly by a consumer.
Therefore, as the retail price jump to Dh 6000, demand for Samsung increases.
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