Generally speaking, as a firm progresses through its industry life cycle, you would expect the present value of its growth opportunities (PVGO) to as a percentage of its stock price per share decrease.
The present value of growth opportunities (PVGO) is a valuation metric used for growth equities in corporate finance. It stands for the portion of the company's stock value that reflects (anticipated) earnings growth.
A lower proportion of PVGO typically appears in the share price of more established businesses that are in the lead in their industry cycle. This is due to investors' reduced expectations of its growth prospects compared to those of newly emerging growing enterprises.
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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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You are being asked to consider selling one of your regional divisions to a private equity company. The private equity company has just offered you $1.2 million for the regional division. The division is expected to provide your company net annual cash flows of $175,000 for each of the next 10 years without you having to make any additional investments in the division. Your team has calculated information to help you make your decision, as follows.
A) Your company's WACC is 7.9%
B) Your hurdle rate for this potential sale is 11.2%
C) The Net Present Value of this opportunity to your company using WACC as your discount rate is (-$20,420.78)
D) The likely Net Present Value of the division to the private equity company following the sale is $13,776.23
Which of the following answers is correct given the information provided above?
1) The IRR of the project to your company is between 7.9% and 11.2%
2) The hurdle rate for the private equity company is higher than the hurdle rate for your company
3) The IRR of the project to your company is below 7.9%
4) None of the Above
Answer:
3) The IRR of the project to your company is below 7.9%
Explanation:
As we can see in the question that at 7.9% wacc, the net present value is -$20,420.78
Since the net present value is in negative that shows that the internal rate of return would be less than 7.9%
So according to the given situation, the option 3 is correct
And, the same is to be considered
The IRR of the project to your company is below 7.9% as when the NPV is negative, IRR should be less than the weighted average cost of capital.
What is IRR?
IRR can be defined as the rate of discount at which the present value of cash flows is equal to the present value of the cash outflows.
When the net present value (NPV) is negative, it means that the discounted cash flows are less than the original investment. Furthermore, the discount rate used exceeds the IRR.
When IRR = Cost of capital, NPV is zero; nevertheless, because NPV is negative, IRR must be less than the weighted average cost of capital.
Hence, Option 3. is the correct answer; The IRR of the project to your company is below 7.9%.
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During the year, Tamara had capital transactions resulting in gains (losses) as follows: • Sold stock in ABC Company (acquired two years ago) ($1,500) • Sold collectible coins (held for more than one year) $2,000 • Sold stock in XYZ Company (acquired six months ago) ($4,100) • Sold stock in LMN Company (acquired three years ago) $500 a. As a result of these transactions, Tamara has an overall net short-term capital loss of $ . b. Is the amount of her overall net gain or loss limited this year? c. If "Yes", what is the limit. If "No", enter"0". $
Answer:
a. Tamara has an overall net short-term capital loss of $3,100
b. Yes
c. The limit is $3,000
Explanation:
a. In order to calculate the overall net short-term capital loss we would have to make the following calculation:
overall net short-term capital loss= -$4100+($2,000-$1,500+$500)
overall net short-term capital loss= -$3,100
Tamara has an overall net short-term capital loss of $3,100
b. According to the calculation of the overall net short-term capital the amount of her overall net loss is yes limited this year
c. According to the tax federal law, the limit is $3,000
calculate the amount of budgeted selling and administrative expenses for february. xing, inc. has prepared the operating budget for the first quarter of the yeqra. The company forecast sales of 40000 in january, 50000 in february, and 60000 in march. variable and fixed expenses are as follows
The amount Xing, Inc. budgeted for selling and administrative expenses for February is C. $35,700.
What are the selling and administrative expenses?The selling and administrative expenses include all the variable and fixed costs incurred for the following:
SalariesRentDepreciationPower costMiscellaneous expenses.To determine the total selling and administrative expenses, we first determine the total fixed costs per month and the variable costs.
The variable costs are a function of the budgeted sales for each month since a percentage of the sales have been identified as variable costs for power costs and miscellaneous expenses.
January February March
Budgeted sales $40,000 $50,000 $60,000
Variable costs:
Power cost $12,000 $15,000 $18,000
Miscellaneous 2,000 2,500 3,000
Total variable cost $14,000 $17,500 $21,000
Total fixed expenses per month = $18,200
Selling and administrative expenses for February = $35,700 ($17,500 + $18,200).
Thus, for February, Xing forecast to spend C. $35,700 on sales and administration, which may be more or less than the actual expenses for the month.
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Question Completion:Variable and fixed expenses are as follows:
Variable Expenses: Power cost (30% of sales)
Miscellaneous expenses: (5% of sales)
Fixed Expenses:
Salaries expense: $10,000 per month
Rent expense: $5,000 per month
Depreciation expense: $1,400 per month
Power cost/fixed portion: $800 per month
Miscellaneous expenses/fixed portion: $1,000 per month
Using the information above, calculate the amount of selling and administrative expenses for the month of February.
A. $32,200
B. $32,200
C. $35,700
D. $14,000
Intermediate Accounting ll
The interest income recognized by the investors in 2025 is $30, 410. (Option A)
What is interest income?The difference between revenue earned by interest-bearing assets and the cost of repaying liabilities is referred to as net interest income.
Commercial and personal loans, mortgages, construction loans, and investment securities are common assets for banks. Customers' deposits make up the majority of the liabilities.
The calculation for the interest income recognized is given as follows:
Interest Revenue in year 2024 = $ 303,000 x 10% market rate = $ 30300
Cash interest received in year 2024 = $ 365,000x 8% = $ 29,200
Discount on investment amortized = $ 33200 – 32000 = $ 1,100
Therefore,
Interest revenue to be recognized in the Year 2025
= ($303,000 + 1,100) x 10%
= 304100 x 10%
= $ 30, 410
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What might you do if you are unable to get a credit card? (Select the best answer.)
Pay less attention to your bank balance
Apply for a department store card
Stop accepting government assistance
Make as many cash purchases as possible
Answer:
Apply for a department store card
Explanation:
Departmental retail stores and a card issuer co-issued issue departmental store cards. The store card may work in the issuing department store only or other related retailers as well. They work like regular credit cards only that they are acceptable in limited places and may have a lower credit limit.
Departmental store cards may be issued to persons with a lower credit score. This makes them ideal for a person who need to build on or improve his credit score. They also provide great savings on huge one-time purchases.
Answer:
correct answer is B
Explanation:
Where should you be on the focus-chaos scale to benefit from this course?
Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.
What is the focus-chaos scale?This is a scale that is used to describe the focus and planning attribute of different types of people.
The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.
The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.
The complete question wasn't given so I gave a general discussion.
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Why is compound interest preferable to simple interest?
Compound interest pays at least double the interest on the principal
Compound interest is paid by the week or by the month, not only on
O Compound interest is based on the entire principal, not just a percer
O Compound interest pays interest on the principal and the interest ea
Answer:
Compound Interest, when it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield.
Explanation:
I hope this helped a lot bro. Hope you make a 100 on your test or quiz. Can I get brainiest.
Answer:
D.) Compound interest pays interest both on the principal and the interest earned in each period.
Explanation:
On Edg
The management accountant for Giada's Book Store has prepared the following income statement for the most current year: Cookbook Travel Book Classics Total Sales $63,000 $179,000 $60,000 $302,000 Cost of goods sold 37,000 70,000 23,000 130,000 Contribution margin 26,000 109,000 37,000 172,000 Order and delivery processing 19,000 26,000 9,000 54,000 Rent (per sq. foot used) 3,000 3,000 3,000 9,000 Allocated corporate costs 10,000 10,000 10,000 30,000 Corporate profit $ (6,000) $70,000 $15,000 $79,000 If the cookbook product line had been discontinued prior to this year, the company would have reported ________. the same amount of corporate profits less corporate profits greater corporate profits resulting profits cannot be determined
Answer:
the company would have reported loss
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 8.6%. Bond C pays a 11% annual coupon, while Bond Z is a zero coupon bond.
a. Assuming that the yield to maturity of each bond remains at 8.6% over the next 4 years, calculate the price of the bonds at each of the following years to maturity.
b. Plot the time path of prices for each bond.
Answer:
a)
YTM of a coupon paying bond:
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
YTM of a zero coupon bond:
YTM = (face value / market value)⁻¹/ⁿ - 1
Bond C:
bond price at 4 years to maturity
0.086 = {110 + [(1,000 - MV)/4]} / [(1,000 + MV)/2]
0.086 x [(1,000 + MV)/2] = 110 + [(1,000 - MV)/4]
0.086 x (500 + 0.5MV) = 110 + 250 - 0.25MV
43 + 0.043MV = 360 - 0.25MV
0.293MV = 317
MV = 317 / 0.293 = $1,081.91
bond price at 3 years to maturity
0.086 = {110 + [(1,000 - MV)/3]} / [(1,000 + MV)/2]
0.086 x [(1,000 + MV)/2] = 110 + [(1,000 - MV)/3]
0.086 x (500 + 0.5MV) = 110 + 333.33 - 0.333MV
43 + 0.043MV = 443.33 - 0.333MV
0.376MV = 400.33
MV = 400.33 / 0.376 = $1,064.71
bond price at 2 years to maturity
0.086 = {110 + [(1,000 - MV)/2]} / [(1,000 + MV)/2]
0.086 x [(1,000 + MV)/2] = 110 + [(1,000 - MV)/2]
0.086 x (500 + 0.5MV) = 110 + 500 - 0.5MV
43 + 0.043MV = 610 - 0.5MV
0.543MV = 567
MV = 567 / 0.543 = $1,044.20
bond price at 1 year to maturity
0.086 = {110 + [(1,000 - MV)/1]} / [(1,000 + MV)/2]
0.086 x [(1,000 + MV)/2] = 110 + (1,000 - MV)
0.086 x (500 + 0.5MV) = 110 + 1,000 - MV
43 + 0.043MV = 1,110 - MV
1.043MV = 1,067
MV = 1,067 / 1.043 = $1,023.01
Bond Z:
bond price at 4 years to maturity
0.086 = (1,000 / MV)⁻¹/⁴ - 1
1.086 = (1,000 / MV)⁻¹/⁴
⁻¹/⁴√1.086 = ⁻¹/⁴√(1,000 / MV)⁻¹/⁴
0.7189 = 1,000 / MV
MV = 1,000 / 0.7189 = $1,390.97
bond price at 3 years to maturity
0.086 = (1,000 / MV)⁻¹/³ - 1
1.086 = (1,000 / MV)⁻¹/³
⁻¹/³√1.086 = ⁻¹/³√(1,000 / MV)⁻¹/³
0.7807 = 1,000 / MV
MV = 1,000 / 0.7807 = $1,280.82
bond price at 2 years to maturity
0.086 = (1,000 / MV)⁻¹/² - 1
1.086 = (1,000 / MV)⁻¹/²
⁻¹/²√1.086 = ⁻¹/²√(1,000 / MV)⁻¹/²
0.8479 = 1,000 / MV
MV = 1,000 / 0.8479 = $1,179.40
bond price at 1 year to maturity
0.086 = (1,000 / MV)⁻¹ - 1
1.086 = (1,000 / MV)⁻¹
⁻¹√1.086 = ⁻¹√(1,000 / MV)⁻¹
0.9208 = 1,000 / MV
MV = 1,000 / 0.9208 = $1,086
b) I do not have any drawing tools here, but the prices are:
years to maturity price of bond C price of bond Z
4 $1,081.91 $1,390.97
3 $1,064.71 $1,280.82
2 $1,044.20 $1,179.40
1 $1,023.01 $1,086
_______________________ are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the _____________.
Answer:
neoclassical economists; long run
Explanation:
Neoclassical economists are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the long run
15. Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an associate's degree in paralegal
studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice
would probably be a
O A. fast-food franchise.
O B. riding stable.
© C. restaurant.
D. legal research service.
In 2014, a drought in the Midwest raised grain prices, leading to a decline in the size of cattle herds. Ultimately, the price of ground beef rose from about $3 a pound to over $4 by 2015. Demonstrate graphically the effect of the drought on equilibrium price and quantity in the ground beef market.
Answer:
please check the attached image for a graphical representation
Explanation:
As a result of the drought, the supply of ground beef would fall. This would lead to a leftward shift of the demand curve. As a result equilibrium price would rise and equilibrium quantity would fall
Smith Company receives $500,000 of subscription revenue in advance during 20X1. The subscription revenue is not included on the income statement, but is reported for tax purposes in 20X1. $250,000 will be recognized in 20X2 and $250,000 in 20X3. Smith Company is subject to a 40% tax rate. What is the amount of the deferred tax asset at the end of 20X2
The amount of the deferred tax asset at the end of 20X2 is $100,000.
Deferred tax asset at the end of 20X2Using this formula
Deferred tax asset=Amount recognized×Tax rate
Where:
Amount recognized=$250,000
Tax rate=40% or 0.40
Let plug in the formula
Deferred tax asset=$250,000×40%
Deferred tax asset=$100,000
Inconclusion the amount of the deferred tax asset at the end of 20X2 is $100,000.
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Match to correct letter option
1. LRAS
2. Market value
3. Disposable income
4. Real
5. Final
6. Excess reserves
A. Money leftover after taxes are paid
B. Quantity theory of money helps explain the shape of this.
C. Part of GDP s definition that captures the quality of the goods and services.
D. Caused by a fall in the money supply
E. Part of GDPâs definition that means you exclude used goods and services.
F. Sticky prices/wages justifies its shape
G. Part of GDP s definition that means you exclude intermediary goods and services.
H. Used to make loans.
I. Used to cover withdraws.
J. Interest rates are at their lower bound
K. Represents the economy s fundamentals, such as population, capital, and technology.
L. Adjusted for inflation.
M. Caused by a collapse of the stock market.
Answer:
A. Money left over after taxes are paid - Disposable income
B. Quantity theory of money helps explain the shape of this - Real
C. Part of GDP s definition that captures the quality of goods and services - Market Value
D. Caused by a fall in the money supply - Final
E. Part of GDP s definition that means you exclude used goods and services - Real
F. Sticky prices/wages justifies its shape - Final
G. Part of GDP s definition that means you exclude intermediary goods and services - Market Value
H. Used to make loans - Excess reserves
I. Used to cover withdraws - Disposable income
J. Interest rates are at their lower bound - Real
K. Represents the economy s fundamentals, such as population, capital, and technology - LRAS
L. Adjusted for inflation Final
M. Caused by a collapse of the stock market - Market Value
Explanation:
Long run aggregate supply is adjusted based on the products produced in the country. The supply rate is also adjusted based on demand factor. GDP is the monetary value of all goods and services produced in the country during a certain period.
When prices rise, a. real estate is a better unit of account than money. b. money is a worse medium of exchange than real estate. c. money is a better store of value than real estate. d. real estate is a better store of value than money.
When prices rise, d. real estate is a better store of value than money.
What is increase in price?Increase in price is when the price of goods and service is on the high side and this tend to occur when the cost of production is high. The effect of price rise is the it lead to low demand of goods and service.
When rise investing in real estate is a goods choice based on the fact that it enables you to invest and have value for your money because investing in real estate is an asset.
Therefore the correct option is D.
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The first step in the performance planning and appraisal process involves? A. Assembling information for the appraisal B. Observing employee job behavior C. Designing the performance plan D. Setting standards and expectations
Answer:
Explanation:
d
The first step in the performance planning and appraisal process is setting standards and expectations. The correct option is D. Setting goals is the first stage in the performance management process.
Why is performance planning important in management?The idea underlying performance planning is mutuality for survival and growth, which aids in coordinating personal ambitions with organizational objectives. This increases the accountability and objectivity of the performance management process.
Performance planning is a methodical and organized way to achieve an individual's or team's specified goals throughout the course of the assessment year. The team's or an individual's strategy is drafted with the organization's overall goals in mind.
Thus, the ideal selection is option D.
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Discuss the economic conditions and economic institutions that affect personal finance.
Answer:
Economics and Personal Finance. Instruction in economics and personal finance prepares students to function effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and how the United States' economy is interconnected with the global economy.
A/V professionals work in school libraries.
A.
True
B.
False
Answer:
Your answer should be (B) If i am remembering right
Explanation:
Yukelson Company owns the building occupied by its administrative office. The office building was reflected in the accounts at the end of last year as follows:
Cost when acquired $ 396,000
Accumulated depreciation (based on straight-line depreciation, an estimated life of 50 years, and a $36,000 residual value) 72,000
During January of this year, on the basis of a careful study, management decided that the total estimated useful life should be changed to 30 years (instead of 50) and the residual value reduced to $30,000 (from $36,000)). The depreciation method will not change.
Required:
1. Compute the annual depreciation expense prior to the change in estimates.
2. Compute the annual depreciation expense after the change in estimates.3. What will be the net effect of changing estimates on the balance sheet, net income, and cash flows for the year?
Answer:
1. Compute the annual depreciation expense prior to the change in estimates.
annual depreciation = ($396,000 - $36,000) / 50 = $7,200 per year
2. Compute the annual depreciation expense after the change in estimates.
annual depreciation = ($324,000 - $30,000) / 20 = $14,700 per year
3. What will be the net effect of changing estimates on the balance sheet, net income, and cash flows for the year?
Any changes in an asset's useful life are reported prospectively, this means that they do not affect any past records, only future records are affected. In this case, the depreciation expense per year will increase form $7,200 to $14,700, so net income will be negatively affected by it. Cash flows will not be affected, since depreciation expense is a non-cash expense. P,P&E on the balance sheet will be affected because the net value of the building will decrease faster.
Explain the positive and negative aspects of entrepreneurship. Draw evidence to support your claim from two other sources.
Answer:
Advantage #1: A flexible schedule – both in terms of when and where you work. ...
Advantage #3: It's exciting and fulfilling. ...
Advantage #4: The salary makes sense. ...
Disadvantage #1: You wear a lot of hats. ...
Disadvantage #2: You are always at work.
Explanation:
The positive (advantages) and negative aspects (disadvantages) of entrepreneurship are enumerated below:
Control: Entrepreneurship offers the entrepreneur a sense of being in charge and being the captain of the ship. With freedom of control comes increased risk of business failure.Responsibility: The entrepreneur is responsible for her income for life sustenance. There is no more reliance on a period paycheck. The entrepreneur can decide to delight her customers or to scare them away.Flexibility: The entrepreneur enjoys flexibility in work schedule. She works at her own pace. The downside is that your customers dictate when you work. The workload may increase more than your capacity to handle. Thus, flexibility does not happen always until you have established the business properly.Profit-making: As the business makes profits, the entrepreneur is entitled to receive all. When it makes losses, the entrepreneur similarly bears all.Thus, there are numerous benefits in being an entrepreneur. But there are also negative aspects of entrepreneurship.
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According to the Enterprise case study In a compettive market, what does
enterprise do differently to attract
high-quality candidate.
The enterprises utilize different methods in a competitive market to tempt high-quality candidates. They use methods of production, advertising through different media, make use of career fairs, and numerous other ways.
Who are high-quality candidates?"High-quality candidates" exist described as individuals who exist well-qualified for the position and who will likely remain a part of the company for a longer duration to create appreciable contributions to its objectives.
The enterprises require to be diverse and innovative to be capable to attract high-quality candidates for their companies to fulfilling their vacuities. They utilize the opportunity to advertise through different forms of media.They look for providing presentations in different places and universities for choosing the candidates. they connect with various organizations and clubs for getting to the diverse candidates.Some companies link with candidates through job fairs and by organizing various kinds of talent and skill sessions. There exist lectures provided by top executives of the company and they exist available for responding to queries and mentoring the candidates.To learn more about High-quality candidates refer to:
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A value proposition represents the value that _____
A. A seller will realize when it sells the product or service.
B. A customer will realize when he purchases the product or service.
C. A product or service has to offer.
D. Is the ratio of seller’s value to customer’s value.
Answer:
a customer will realize when he purchases the product or service
A value proposition represents the value that a customer will realize when they purchase the product or service. The correct option is B.
What is the value proposition of a product or service?A value proposition is a concise statement that encapsulates the reasons why a customer would select your good or service. It expresses the value that clients take away most clearly from doing business with you.
A value proposition is a statement or promise that communicates the unique benefits or advantages that a product or service offers to its customers. It is a way of answering the question, "why should I buy this?" and it helps to differentiate a product or service from its competitors. A value proposition should focus on the customer's needs and desires, and communicate how the product or service can meet those needs or solve their problems. While a seller may also realize value when they sell the product or service, the focus of the value proposition is on the customer and the value they will receive.
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Find the interest rate, I, on a given security that costs $100 and that will return $150 after 10 years.
Answer:
Rate = 6.666%
Explanation:
First, the formula of the simple interest rate is:
R = I/PT x 100%
Put in the numbers:
R = $100/($150 x 10 years) x 100%
Then calculate:
R = $100/$1500 x 100%
R = 100/15%
R = 6.666%
For a retailer to offer excellent customer service consistently, management must create a ___________ of superior service. Fill in the blank.
For a retailer to offer excellent customer service consistently, management must create a culture of superior service.
In order to provide good customer service, you must promptly, effectively, and pleasantly respond to your clients' demands. In the retail industry, that can entail keeping in mind and valuing returning customers, establishing a local rapport with customers, putting your product expertise to good use, and more.
Consistently exceeding clients' expectations is what constitutes good customer service. Excellent customer service is prompt, simple, individualized, and sympathetic. Businesses that provide outstanding customer service invest the time necessary to comprehend the needs of their specific clientele.
Following best practices, such as respecting customers' time, being friendly, and offering informed and helpful information, is one aspect of providing great customer service, but another is going above and beyond expectations.
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quality of performance
The question does not specify anything so the answer is written in generalise manner.
The amount of excellence that helps in the fulfillment of goals, completeness, and accuracy of an individual's or organization's output is referred to as performance quality. It is a measurement of how well a task or procedure is carried out.
Organizations with strong cultures that emphasize quality and continual improvement do better than those with weaker cultures. Effective leadership can also contribute to the development of a great culture and improved quality.
The ease of use and efficiency of the product or service, as well as how well it fits the needs of the consumer, are all aspects of performance quality which is determined by the customer.
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product users/service receivers can benefit from hfe design of product/service systems as it ensures well-being and performance in terms of:
product users/service receivers can benefit from the design of product/service systems as it ensures well-being and performance in terms of Human factors engineering (HFE) is the process of designing products and services that take into account how the product or service is used, and how the user interacts with it.
Engineering is the usage of clinical ideas to design and construct machines, structures, and other gadgets, consisting of bridges, tunnels, roads, automobiles, and buildings.[1] The area of engineering incorporates a wide range of greater specialised fields of engineering, each with a greater particular emphasis on specific regions of implemented arithmetic, carried out science, and types of utility. See word list of engineering. The time period engineering is derived from the Latin ingenium, which means "cleverness" and ingeniare, which means "to contrive, devise".
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The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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A frequency distribution helps determine