the notion of internal customers applies to all parts of a firm. true or false
Answers
The notion of internal customers applies to all parts of a firm. Internal customers refer to individuals or departments within a company who depend on each other to carry out their responsibilities effectively is True.
For instance, the marketing department requires support from the IT department to develop and maintain their online presence. The HR department needs the payroll team to ensure that employee compensation is accurate and timely. These relationships are vital for organizational success.The notion of internal customers highlights the importance of treating colleagues and departments within a firm as customers. It encourages a customer-centric culture and promotes cross-functional collaboration, which is essential for achieving business objectives. For instance, if the HR department fails to deliver a quality experience to employees, the other departments may suffer from decreased morale, productivity, and engagement. Therefore, by considering employees as customers, HR can ensure that their needs are met, and they are motivated to perform at their best.In conclusion, the notion of internal customers is critical to the success of any organization. It applies to all parts of a firm, and it helps promote a customer-centric culture and collaboration among different departments. Companies that prioritize their internal customers are more likely to achieve their business objectives and gain a competitive advantage.For more such question on customers
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Related Questions
to help ensure that it will not become a victim of product obsolescence, a firm should
Answers
To prevent becoming a victim of product obsolescence, a firm can enhance its ability to adapt, innovate, and proactively address the risk of product obsolescence, positioning itself for long-term success in a rapidly changing marketplace.
Continuous market research: Stay abreast of industry trends, emerging technologies, and shifting consumer demands through ongoing market research. This will help identify potential threats and opportunities for innovation.
Embrace technological advancements: Embrace emerging technologies and invest in research and development to stay at the forefront of innovation. By adopting new technologies, firms can enhance their products or create entirely new offerings to meet evolving customer needs.
Foster a culture of innovation: Encourage a culture of creativity and innovation within the organization. Empower employees to contribute ideas, experiment, and propose product improvements or new concepts that can address changing market demands.
Develop agile product development processes: Implement agile methodologies that allow for quick iterations and adaptations in product development. This enables the firm to respond swiftly to market changes and incorporate customer feedback during the development process.
Diversify product portfolio: Avoid overreliance on a single product or service. Diversify the product portfolio to cater to a broader range of customer needs and reduce the risk of obsolescence in case of changes in market demand.
Build strong customer relationships: Develop strong relationships with customers to understand their evolving needs and preferences. Regularly engage with customers through surveys, feedback sessions, and social media to gather insights that can inform product improvements or new offerings.
Monitor competitor activities: Keep a close eye on competitors' strategies and product developments. This helps identify potential threats and allows the firm to adjust its own strategies accordingly.
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What are the basic points to be considered while running the occupation? for each of them
Answers
Answer:
interest
qualification
skills
finance
Why did Prewitt feel it was important to create her business?
A
She believed many young black girls could use encouragement and inspiration.
B
She believed most of the box services for young black girls were not focused on change.
C
She believed it would give her a way to spend more time with the young children in her family.
D
She believed she needed to earn more money in order to pay for food and groceries in college.
Answers
When the United States spends money on education, does this cause the nation's GDP to grow or decline?
Answers
Answer:
the gdp of the united states stays the same because the money the put into it is the tax payers money
Explanation:
During a group session, the only Persian member and another member ended up in a heated debate about cultural differences. The leader, also Persian, was caught off guard and unsure of how to address the situation in the moment, struggling with an internal conflict. What was the leader’s fear?A) Connecting with the Persian member.
B) Overidentifying with the non-Persian member.
C) Connecting with the non-Persian member.
D) Overidentifying with the Persian member.
Answers
Answer: D. Overidentifying with the Persian member.
Explanation:
The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.
Therefore, based on the given options, the correct answer is D.
What are five questions you should ask yourself to help you determine the type of health care coverage that is most important to you?
Answers
Cheap
Effective
Fast
Options
Safe
You have been given $100 to start a checking account. Considering the four P's discussed in the module, go online to research and select a bank that best meets your needs. Which bank did you choose? Explain how you used each of the four P's to make this decision.
Answers
Answer:
what are the four p's
Explanation:
$7,700 net monthly income - What amount would you use for needs for the month? *
Answers
To make Mpho understand databases and database management systems, use an infographic to list and explain the hierarchy of data. The infographic must be easy to read. The data hierarchy must be listed in the order of the smallest to the largest
Answers
In conclusion, the hierarchy begins with the smallest unit of data (bit), which is then merged to form larger pieces of data (byte), which are then grouped into fields that make up a single record, which is then saved in a table, which is a part of a larger database that is administered by a DBMS.
An illustration of a data hierarchy may be seen below. A data hierarchy is the structure and arrangement of data in a database. A system's organized categories, arranged from the smallest to the largest, are known as a data hierarchy. The first database management system paradigm was the hierarchical model. The data in this idea is organized using a hierarchical tree structure.
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Look at ∆ABC and the definitions of sin A and cos A in terms of the side lengths of the triangle. Based on the definitions of sine and cosine, explain what you have observed in the previous parts of this activity. Use equations to support your explanation.
Answers
Answer:
The leg opposite ∠A is the leg that is adjacent to ∠B, and the leg adjacent to ∠A is the leg that is opposite ∠B. So by the definition of the two trigonometric ratios:
sin A=cos B
cos A=sin B
Hope I helped!
Answer:
Sample answer for Edmentum and Plato
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Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Answers
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
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A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE
Answers
Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is
Answers
Answer: An exception based on contract theory.
Explanation:
Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.
PG Autos introduces a new technology in its cars to improve their mileage and reduce carbon emissions. It also takes measures to improve its production facilities in order to reduce its carbon footprint. Actual introduction of green measures to meet the government guidelines rather than just through advertising and marketing shows that PG Autos engages in ________ marketing.
Answers
The marketing used by PG Auto telling about its mission to improve on production facilities in order to reduce its carbon footprint is an example of green marketing.
Green marketing means the practice of advertising products and informing people that they help in environmental sustainability.
In other word, green marketing refers to the advertisement of products or services on the basis that they are environmentally safeIn conclusion, the marketing used by PG Auto telling about its mission to improve on production facilities in order to reduce its carbon footprint is an example of green marketing.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Which of the following is an example of a variable cost?
A.
Hourly labor
B.
Interest on a loan
C.
Insurance
D.
Rent for an office
Answers
Answer:
A is the correct answer
Explanation:
Wages paid to workers for their regular hours are a fixed cost. Any extra time they spend on the job is a variable cost.
You plan to set aside $500 for 5 years. The account pays annual interest of 8 percent, compounded quarterly. The ending balance (principal plus interest) will be ___at the end of 5 years.
Answers
Answer:
$942.27
Explanation:
The applicable formula for this case is A = p x ( 1 + r) ^ n
Where A is the amount after 5 years
p = Principal amount: $500
r = Interest rate : 8 % or 0.08 per year.
quarterly interest rate = 0.08/4 = 0.02
n = number of period : 8 year or 32 quarters (8 years x 4 )
A = $500 x (1 + 0.02) ^32
A= $500 x (1.02)^32
A =$500 x 1.88454
A=$942.27
Amount after five years will be $942.27
HELP!
Frank Columbo, a police detective, has a gross weekly income of $1,052.00. His earnings
to date for this year are $31,560. How much is deducted from his paycheck each week for
Social Security? How much for Medicare? What is his yearly salary?
Answers
Answer:
Social Security tax = $65.22Medicare = $15.25Yearly Salary = $54,704Explanation:
Social Security tax for 2021 is 6.2% on the first $142,800 earned for the year.
Mr. Columbo falls under the limit so will pay the 6.2%.
Social security = 6.2% * 1,052
= $65.22 per week
Medicare is 1.45% with no limits:
= 1.45% * 1,052
= $15.25
Yearly Salary:
= Salary per week * Number of weeks in year
= 1,052 * 52
= $54,704
When investors doubt the creditworthiness of a borrower.
Answers
Answer:
Prices go down, yield go up
If interest rates rise above 8% and if the investor decides to sell it bond's price will fall as it makes bond unattractive as compare to other higher interest paying bonds/ instruments.
"credit to expert sanchitasing"
Explanation:
Answer:
Brainliest pls
Explanation:
Prices go down, yield goes up
As we know that there is an opposite relationship between the price of the bond and the yield which means if the creditworthiness comes into doubt so it reduced the price of the bond and at the same time it increased the yield
So as per the given situation as the investor doubt the borrower's creditworthiness so the price would fall and yield would go up
hence, the same is to be considered
helpppppppppppppppppppppppppp
Answers
media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the component of the environmental context of the problem.
Answers
Media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the objectives component of the environmental context of the problem: False.
What is a marketing mix?A marketing mix simply refers to the choices about product attributes, promotion or communication strategy, place or distribution strategy, and pricing strategy that a business firm offer to its targeted markets.
The four (4) Ps of marketing mix.This ultimately implies that, a marketing mix is made up of the four (4) Ps and these include the following;
ProductsPricePlacePromotionsIn this context, we can reasonably infer and logically deduce that the component of the external factors of a marketing problem include the following:
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Complete Question:
Media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the objectives component of the environmental context of the problem. True or False?
Toy Town has a return on equity of 14 percent and its dividend payout ratio is 20 percent. What is the sustainable growth rate?
Answers
The sustainable growth rate can be calculated using the formula:
Sustainable Growth Rate = Return on Equity * (1 - Dividend Payout Ratio)
In this case, the return on equity is 14 percent and the dividend payout ratio is 20 percent.
Sustainable Growth Rate = 0.14 * (1 - 0.20)
Sustainable Growth Rate = 0.14 * 0.80
Sustainable Growth Rate = 0.112
Therefore, the sustainable growth rate for Toy Town is 11.2 percent.
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Keep an emergency kit and fresh water in your car in the event of______
Answers
Answer:
A breakdown or emergency or an unexpected event
Explanation:
The emergency kit should always be kept in the car along with it the fresh water should also be there as if there is any emergency or breakdown occurs or the event i.e. not expected arise so these things would be used so that the problem you are suffering would be solved as soon as possible. Also if you are feeling thirsty so here you need is the water
So according to the given statement, A breakdown or emergency or an unexpected event is an answer
Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about
Answers
Answer:
wikis technological tool
Explanation:
As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to
the lexicon by Ward Cunningham who was a programmer
when carhartt allowed edwin and faeh to sell their apparel in europe, they were expanding globally through
Answers
Carhartt was expanding globally through strategic partnerships when they allowed Edwin and Faeh to sell their apparel in Europe. Here option B is the correct answer.
Instead of directly entering a new market, Carhartt decided to collaborate with established local brands, which allowed them to leverage the expertise and knowledge of the partners while expanding their reach and customer base.
By partnering with Edwin and Faeh, Carhartt was able to tap into their existing customer base and distribution networks, which helped them establish a foothold in the European market. This approach not only minimized the risks and costs associated with entering a new market but also allowed Carhartt to maintain its brand identity and reputation while adapting to local market conditions.
Overall, strategic partnerships have been an effective tool for Carhartt to expand its global presence while minimizing risks and maximizing the benefits of collaboration with local experts.
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Complete question:
Through what were Carhartt expanding globally when they allowed Edwin and Faeh to sell their apparel in Europe?
A) Social media marketing
B) Strategic partnerships
C) Product diversification
D) Mergers and acquisitions
The study of economics focuses most on...
A. all of the above
B. explaining how people deal with scarcity
C. explaining how incomes are earned and jobs are created
D. studying how things are made bought, sold, and used
Answers
An investor does not wish to attempt to time the market, so she invests $300 each month into the GEMCO Growth Fund. Over the past 5 months, her purchase prices have been $10, $12, $15, $20, and $25. On the basis of this information, if she were to stop investing at this point and sell her shares 2 months from now when the NAV is $15 per share and the public offering price is $15.79, it would be CORRECT to state that her A) average cost per share was $16.40 B) proceeds were $15.79 per share C) cost basis for tax purposes was $14.71 D) realized loss would be $1.40 per share
Answers
Answer:
It would be 4(67)+ 56-
Explanation:
which of these are conditions for long-run equilibrium in the aggregate demand–aggregate supply model?
Answers
Answer:
-Correct answer(s)
Long-run aggregate supply equals aggregate demand
Short-run aggregate supply equals aggregate demand
-Incorrect Answer(s)
u<u*
u>u*
Explanation:
The economy will gradually progress toward its potential production, according to the aggregate demand and long-run aggregate supply model. The aggregate demand and supply curves intersect at this point to form the long-run equilibrium.
What is the long-run equilibrium in the aggregate demand–aggregate supply (AD-AS) model?AD-AS model is a graphical model used to understand economic fluctuations, which contains aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS).
The long-run aggregate supply (LRAS) curve relates the level of production produced by businesses with the price level over time.
At any price level, the economy eventually reaches its natural level of employment and potential output. This result has given us our long-run aggregate supply curve.
When there is only one level of output at whatever price level, the long-run aggregate supply curve is a vertical line at the potential level of output for the economy.
Therefore, these are the conditions of the long-run AD-AS model.
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Attending an impromptu sales meeting at the office is an example of a _____. a. two minute action task b. time sensitive task c. locationally sensitive task d. multi-task job please select the best answer from the choices provided a b c d
Answers
Attending an impromptu sales meeting at the office is an example of a locationally sensitive task. Thus, option c is the answer.
In an office, various kinds of work are carried on, and each work is given a name and designation of its own.
A two-minute action refers to those actions which are done with the motive of doing away with procrastination. It involves the aim to achieve the target goal and small tasks as soon as possible. This punctuality can help in returning long-term benefits in an office.
Time-sensitive task refers to those tasks which have a strict deadline and needs to be completed within the stipulated time specified by the client. It involves work that is only available for a short period of time.
Multitasking jobs refer to those jobs which require an easy to and fro movement between different tasks. This requires people who can do numerous works at a single time.
Locationally sensitive task refers to those tasks which take place in a particular location or room within or outside the office.
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major factors influencing economic growth
Answers
Answer:
Some major factors:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Answer:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation: