A financial plan is nothing more than a summary of your company's present financial situation and growth expectations. Consider any records that show your current financial status as a snapshot of the state of your company, and the projections as your hopes for the future. The financial plan is a snapshot of your company's current status,
As was previously stated. Your short- and long-term financial goals are informed by the predictions, which can serve as a springboard for establishing a plan of action. It aids you in establishing reasonable goals for the achievement of your company as a business owner.
Simply said, if you are well-versed in your finances, you are less likely to be taken aback by your current financial situation and better equipped to handle a crisis or rapid growth.
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The management at GameGuys, Inc. designed a strategy that unifies advertising, personal selling, public relations, and sales promotion activities creating a consistent message. This effort to promote a positive brand image represents a(n) ________ program.
The management of GameGuys, Inc. designed a strategy that unifies advertising, personal selling, public relations, and sales promotion activities, creating a consistent message. This effort to promote a positive brand image represents an integrated marketing communication program.
What is integrated marketing communication?They correspond to strategies used in organizations to promote a brand, a product or a relevant message through integrated communications, which are conveyed in different communication channels, to attract a greater number of potential consumers. Some media used are:
Social networksTVRadioNewspapersThe objective then of the integrated marketing communication is to generate a reinforcement of a communication that will increase the value of the brand and the perception of the target public.
Therefore, IMC generates a unified strategy through marketing processes, such as identifying the best public relations strategy and audience analysis to identify the best marketing communication, generating positioning for a company.
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If net capital outflow is positive, then: a. exports must be positive. b. exports must be negative. c. the trade balance must be positive. d. the trade balance must be negative.
The correct answer is option c. the trade balance must be positive.
Net capital outflowThe net flow of money a country invests overseas over a specific time period is known as a net capital outflow (NCO) (usually a year). An increased amount of foreign investment relative to domestic investment is indicated by a positive NCO. NCO is one of two main metrics used to describe how a nation interacts with the rest of the world on a financial and economic level (the other being the balance of trade).
The net flow of money a country invests overseas over a specific time period is known as a net capital outflow (NCO) (usually a year). An increased amount of foreign investment relative to domestic investment is indicated by a positive NCO.
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According to classical macroeconomic theory and monetary neutrality, changes in the money supply affect?
According to classical macroeconomic theory and monetary neutrality, changes in the money supply affect the GDP deflator
A measure of inflation in the prices of goods and services produced in the United States, including exports. The GDP deflator, though calculated differently, reflects the GDP price index very well. The GDP deflator is used by some companies to adjust payments for contracts.
GDP deflator = nominal GDP / real GDP * 100
Other price indexes such as CPI and GDP deflators are not formed in fixed baskets of goods and services. The basket changes each year depending on the investment and consumption patterns of the people of the year.
The GDP deflator is an essential indicator of the economy and helps to compare the year-to-year rise in price levels of goods and services. Unlike the Consumer Price Index (CPI), the GDP deflator allows comparisons across multiple time periods without using the base year as a constant or specific commodity basket.
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A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. the length of time was found to be a random variable best approximated by an exponential distribution with a mean equal to 3 minutes. find the waiting time at which only 10% of the customers will continue to hold.
The waiting time at which 10 percent of the customers would continue to hold in the catalogue company is given as 0.316
How to solve for the waiting timeWe have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
~0.316
The waiting time at which 10 percent of the customers would continue to hold in the catalogue company is given as 0.316
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When producers manage all marketing functions at the retail level they are employing a(n) distribution system.
When producers manage all marketing functions at the retail level they are employing an administered distribution system.
What is distribution system?This refers to how goods produced by manufacturers are moved or transported from production place to final consumers.
Distribution system refers to the transmission of the goods and services and equipment to the end users from the manufacturer. It involves all the methods, logistics and the procedures which is required for the flow of the goods and services to the users.
Advantages of distribution systems are:
1. Distributed systems consists of high implementation costs, but are cost effective in the long run.
2. Distributed systems are made to be efficient in every aspect since they posses multiple computers.
3.The distributed systems are far more reliable than single systems in terms of failures.
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Which performance improvement tool should you use when the causes of an event fall into natural categories, such as materials, methods, and equipment?
A Fishbone diagram is a performance improvement tool should you use when the causes of an event fall into natural categories, such as materials, methods, and equipment
What do you understand by Fishbone diagram?
A tool for performance improvement that identifies or categorizes the underlying causes of a problem or condition and visually displays those causes.
Which outcome is the focus of performance improvement initiatives?
Identifying situations where expenses are much higher and outcomes are noticeably worse than average among caregivers is the focus of many organizations' performance improvement initiatives.
What are performance improvement tools?
Process maps, fishbone diagrams, and other performance improvement tools are available to help teams identify the aspects of their team processes that are ineffective and the best ways to fix them.
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Luwam is convinced that her product idea has great potential. She has decided to produce the product herself, but will use other companies who specialize in storing and transporting products to help her move the product from where it is manufactured to the final consumer. These specialists Luwam uses will be part of her:
Luwam is convinced that her product idea has great potential. She has decided to produce the product herself, but will use other companies who specialize in storing and transporting products to help her move the product from where it is manufactured to the final consumer. These specialists Luwam uses will be part of her: "channel of distribution".
What is channel of distribution?A product or service could travel down a distribution channel to reach the market. A corporation can sell to customers directly through a direct distribution channel, which is typically a website or physical store.
Some characteristics of channel of distribution are-
A distribution channel is a network of businesses or middlemen where the final consumer buys a product or service.Wholesalers, retailers, distributors, and the Internet are examples of distribution channels.The manufacturer sells directly to the customer through a direct distribution channel. Before the product reaches the customer, indirect routes use a number of middlemen.The product, promotion, and price are other components of a company's marketing plan, which also includes a distribution channel, usually referred to as placement.Therefore, the length of a distribution channel depends on how many middlemen are needed to distribute a good or service.
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To be eligible for this plan type, consumers must meet the following requirements: be entitled to Medicare Part A and enrolled in Part B, and reside in the plan's service area. Which plan is being described
Consumers must see the contracted network providers in order to receive coverage under the plan and to be eligible for this plan type.
What is a Medicare program?This refers to the social insurance program administered by the United States government that provides a health insurance to people who are aged 65 and over, or who meet other special criteria.
Conventionally, the Federal program provides a health insurance coverage to people ages 65 and older and younger people with permanent disabilities.
However, in order for someone to be entitled to Medicare Part A and enrolled in Part B, the consumers must see contracted network providers in order to receive coverage under the plan and to be eligible for this plan type.
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Because owners are only responsible for losses up to the amount they have invested in a corporation, limited liability is considered:
Because owners are only responsible for losses up to the amount they have invested in a corporation, limited liability is considered a major advantage.
What is a limited liability?Limited liability is when the maximum amount an investor in a business can lose is the amount invested in the business. When the liabilities of investors are unlimited, once the amount invested has been used to pay for liability and their is still business debt, the person resources of investors would be used to pay the debt.
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The unit contribution margin is calculated as the difference between: _________
A. selling price and fixed cost per unit.
B. selling price and variable cost per unit.
C. selling price and product cost per unit.
D. C-fixed cost per unit and variable cost per unit.
E fixed cost per unit and product cost per unit.
Explanation:
Hhhghihjgogsu is one of the most popular and most powerful tools that you can use for 786 and your own business experience with the words below the web site is very important to me and the company is we6 and 322233455788909 is the difference between the 53 21 335 70
A sudden increase in business pessimism shifts the aggregate-________ curve, leading to ________ output.
A sudden increase in business pessimism shifts the aggregate demand curve, leading lower output.
What is aggregate demand curve?
The total amount spent on domestic goods and services in an economy is known as aggregate demand.
The relationship between the amount of total spending in the economy and the price level for products is depicted by the aggregate demand curve's downward slope.
Aggregate demand includes all four components of demand:
Consumption
Investment
Government spending
Net exports—exports minus imports
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Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience which of the following
Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience a D)diversification discount.
Diverse companies change at a reduction relative to comparable single-section firms. We argue in this paper that this observed bargain isn't always in keeping with the evidence that diversification destroys fees. companies select to diversify. company characteristics that make firms diversify may additionally purpose them to be discounted.
We discover that there is a diversification bargain: The marketplace values of monetary conglomerates that interact in multiple sports, e.g., lending and non-lending financial services, are decreased than if those financial conglomerates were broken into economic intermediaries that specialize within the person's activities.
The diversification top class is the additional return that buyers can obtain with the aid of correctly diversifying their portfolios across a range of asset instructions. Powerful diversification calls for something substantially wiser than just shopping for a group of budget or ETFs, however, it's miles well really worth the effort.
Your question is incomplete. Please find below the complete question.
Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience which of the following
A) product discount
B) financial controls
C) strategic controls
D) diversification discount
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A business that is independently owned and operated, is not dominant in its field of operation, and meets certain standards of size in terms of employees or annual receipts is a(n):
This business is called SMALL BUSINESS.
What is Small business and its role ?The SBA defines a small business as one that is independently owned and operated, not dominant in its field of operation and meets certain standards of size in terms of employees or sales.Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.4 types of small business
Sole proprietorship, Partnership, Corporation, andLimited Liability Company, or LLCRAfter agriculture, small businesses are the second largest employment provider in the Indian economy. In comparison to big corporations, small businesses generate the most number of employment opportunities per unit of capital invested. Therefore, they are the second largest generators of employment in human resource.
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Yang company sold merchandise for $2,000. The event is subject to a state sales tax of 9%. Based on this information, yang would be required to:.
Based on this information, yang would be required to:
Increase assets
Increase revenue
Increase liabilities
What is cash sales?
Cash sales mean selling merchandise whereby cash is collected from the customer instantly as against a promise to pay cash at a future which is applicable to credit sales.
Which accounts are impacted by cash sales?
By receiving cash from merchandise sales, the cash balance of the seller increases, the seller sales revenue would go up by the amount of cash sales and also liabilities would also rise as well.
When sales tax of 9% is deducted from sales revenue, the sum is kept Yang company until a later date when it would be remitted to the relevant tax authority, before then , the withheld sales tax is a liability for Yang company
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Another name for a negotiated labor-management agreement is a?
Another name for a negotiated labor-management agreement is a Collective bargaining agreement (CBA).
What is Collective bargaining agreement ?Collective bargaining agreement can be regarded as the contract which encompass results of the negotiations that exist between the employer and the union.
Therefore, Another name for a negotiated labor-management agreement is a Collective bargaining agreement (CBA).
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Garrett Jennings is thinking about buying an investment that represents safety and income within the investment pyramid. Which investment is Garrett thinking about purchasing
An investment that Garrett thinking about purchasing is (C) U.S. securities and conservative mutual funds.
What is an investment pyramid?An investment pyramid, also known as a risk pyramid, is a portfolio strategy that allocates assets based on their relative risk levels. In this technique, the risk of an investment is determined by the variance of the investment return or the possibility that the investment may lose a significant amount of value.What are U.S. securities and conservative mutual funds?The United States Securities and Exchange Commission (SEC) is an independent federal government body established in the aftermath of the 1929 Wall Street Crash. The SEC's principal mission is to enforce the law against market manipulation.Balanced funds include conservative mutual funds. When you invest in them, money is put into debt instruments. Around 75% to 90% of the investment is in debt instruments, with the remaining 10% to 25% in equity. A conservative fund is appropriate for someone with a low-risk tolerance.As the definition says, a conservative fund is appropriate for someone with a low-risk tolerance.
Therefore, an investment that Garrett thinking about purchasing is (C) U.S. securities and conservative mutual funds.
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Correct question:
Garrett Jennings is thinking about buying an investment that represents safety and income within the investment pyramid. Which investment is Garrett thinking about purchasing?
(A) Speculative stocks, options, and commodities.
(B) Growth stocks and rental property.
(C) U.S. securities and conservative mutual funds.
(D) CDs and U.S. government bonds.
(E) All of these are appropriate for safety and income.
Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How many total life policies are needed for this agreement
The total life policies that are needed for this agreement is: 6.
What is cross-purchase agreement?A cross-purchase agreement can be defined as a process that enables a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.
Hence, the total life policies that are needed for this agreement will be 6 total life policies.
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Proof-of-Blank______ is a requirement to define an expensive computer calculation, also called mining, that needs to be performed in order to create a new group of trustless transactions on the distributed ledger or blockchain. Multiple choice question. stake work decision
Proof-of-Work is a requirement to define an expensive computer calculation, also called mining, that needs to be performed in order to create a new group of trustless transactions on the distributed ledger or blockchain.
What is Proof-of-Work in Cryptocurrency?A type of cryptographic demonstration known as proof-of-work involves one party (the prover) demonstrating to another (the verifiers) that a certain amount of computational effort has been put forth. Consequently, this spending may be easily verified by verifiers with little work on their behalf.The goal of proof-of-work algorithms is not to demonstrate that a task was completed or that a computational challenge was "solved," but rather to prevent data modification by imposing onerous energy and hardware control constraints. Environmentalists have criticized proof-of-work systems for using too much energy.Later, Bitcoin popularized proof of work as the basis for agreement in a permissionless, decentralized network where miners compete to add blocks and create new money.To learn more about Cryptocurrency refer to:
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Aarp expects agents offering aarp-branded products to demonstrate five key behaviors when interacting with customers. Aarp wants customers we work with to feel their relationship with aarp is _____________.
Aarp expects agents offering aarp-branded products to demonstrate five key behaviors when interacting with customers. Aarp wants customers we work with to feel their relationship with aarp is effortless and inspiring.
What is the way to interact with customers?Customer interaction involves rendering services to customers by business either through social media or physical contact.
For interactions with customers to be effective, there must be:
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Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments. Which of the following is true
Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments Janice may assist in new companies’ issuance of securities as long as she makes notice of a conflict of interest
Financial security reaches a point where you are stable with enough money to pay off debt, pay monthly expenses, invest for retirement, and keep money in the bank for emergencies.
Elementary security is a financial asset or instrument that has value and can be bought, sold, or traded. Some of the most common examples of securities are stocks, bonds, options, mutual funds, ETF stocks, liabilities, and equities.
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Evaluate this SLA: Marketing will send four marketing emails each month, and sales will follow up with 50% of the recipients.
A Service Level Agreement (or SLA) is the part of a contract which defines exactly what services a service provider will provide and the required level or standard for those services.
There are three basic types of SLAs: customer, internal and multilevel service-level agreements. A customer service-level agreement is between a service provider and its external customers.
By Evaluation of this SLA we get,Marketing will send four marketing emails each month, and sales will follow up with 50% of the recipients.
1.This SLA’s requirements focus on the wrong activities.
2.This SLA’s requirements aren’t specific enough.
3.This SLA is missing a requirement.
4.No change needed.
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The winner of the first annual Tom Morris Golf Invitational won $105 in the competition which was held in 1899. In 2015, the winner received $1,460,000. If the winner's purse continues to increase at the same interest rate, how much will the winner receive in 2050
$25968406.94.
a. Computation of Effective Interest Rate
Future Value = Present Value * (1 + r)^n
Future Value = $1460000
Present Value = $105
n = Number of Years = 116 Years
Future Value = Present Value * (1 + r)^n
1460000 = 105 * (1 + r)^116
13904.76 = (1 + r)^116
1.0857 = 1 + r
Effective Interest Rate = 8.57%
b.Future Value in the year 2050
Future Value = Present Value * (1 + r)^n
Present Value = $1460000
n = Number of Years = 35 Years
Future Value = Present Value * (1 + r)^n
Future Value = 1460000 * (1 + 0.0857)^35
Future Value = 1460000 * 17.7866
Future Value in the year 2050= $25968406.94.
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We say that the economy as a whole is in macroeconomic equilibrium if:
For the economy as a whole, macroeconomic equilibrium if the total spending, or aggregate expenditure, equals total production, or GDP: Aggregate Expenditure = GDP.
Macroeconomic equilibrium happens when the quantity of real GDP demanded equals the amount of actual GDP provided at the point of intersection of the ad curve and the AS curve. If the amount of actual GDP provided exceeds the amount demanded, inventories pile up in order that corporations will reduce production and expenses.
Macroeconomic equilibrium is a situation within the economy in which the amount of combination called for equals the quantity of aggregate supply. If there are changes in both aggregate call for or mixture deliver, you can additionally see a trade-in rate, unemployment, and inflation.
The amount of output furnished may be extra than the mixture demand. charges will begin to fall to dispose of the surplus output. As fees fall, the amount of combination demand will increase and the economy returns to equilibrium.
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How differently would you allocate assets between an elderly couple and a young entrepreneur?
According to conventional wisdom regarding asset allocation by age, you should hold a proportion of stocks equal to 100 minus your age. Therefore, if you are 40 years old, 60% of your portfolio should consist of equity. Criteria might be better changed to 110 minus your age or 120 minus your age because life expectancy increasing.
By deducting your present age from 100, you can utilize rule of thumb to determine your asset allocation. It implies that as you get older, you should shift away from equity funds and toward debt funds and fixed income assets in your asset allocation.
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What was the opportunity cost for lebron james when he determined to directly enter the nba?
LeBron James is one of the best basketball players in the country, was selected by the Cleveland Cavaliers as the first pick in the 2003 NBA draft, signing a three-year contract worth almost $13 million, with an option for a fourth year at $5.8 million. Had he decided to attend college instead, James would have incurred an opportunity cost of at least $19 million in forgone income to earn a four-year college degree.
Opportunity cost is the value you would gain or lose if you choose a different path or solution. The opportunity cost in this scenario is deciding to play in the NBA since college was too expensive. LeBron James ultimately saved time and money by taking the detour because he received a contract worth close to $13 million; otherwise, he would have had to pay more and spend more time attending a four-year college.
LeBron's decision to join the NBA right after high school graduation has an opportunity cost because he might have attended a four-year university or college instead. He was chosen by the Cleveland Cavaliers as the first overall choice in the 2003 NBA Draft
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Common stock's par value is ______. Multiple choice question. the same as the common stock's market price the common stock's average price an insignificant amount specified in the corporate charter the same as a bond's par value
Common stock's par value is an insignificant amount specified in the corporate charter.
What is common stock?
Common stockholders are the owners of the rights to participate in the election of the board of directors, vote on significant corporate policies, and claim a portion of the company's profits.
Meaning of par value:
The value the company assigns the stock in its articles of incorporation is arbitrary and has no bearing on the stock's market price. The par value of a common stock has no significance to investors. Stock sales in excess of par value are noted on the balance sheet of the company.
Meaning of corporate charter:
The founding members of a corporation must submit a legal document to the secretary or registrar of the state where they intend to conduct business, which is known as a corporate charter or articles of incorporation. Only after the charter is approved does the company formally become a corporate entity.
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Which price control would cause a shortage of 20 units of the good? a price floor of $6
The price control that would cause a shortage of 20 units of the good is price celling set at $6.
What is price celling ?A price ceiling, can as well be regarded as the price cap, which is the highest point at which goods and services can be sold.
This serves as the type of price control as well as the the maximum amount in the market, and in the case , that is described above , The price control that would cause a shortage of 20 units of the good is price celling set at $6.
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Petco provides products and services for individuals who own pets. Petco might use _____ to tailor marketing mixes to meet the needs of specific customers such as those who own cats, dogs, fish, birds, or other animals. in-store displays consolidated marketing advertising market segmentation
Petco might use D. market segmentation to tailor marketing mixes to meet the needs of specific customers such as those who own cats, dogs, fish, birds, or other animals.
What is market segmentation?Market segmentation is a marketing effort to identify and target consumer groups so that products and branding can be attractively tailored.
The purpose of market segmentation is to use the identified differences among customers to determine the best marketing strategies for different groups.
Good market segmentations should be:
StableActionableAccessibleIdentifiableSubstantialDifferentiable.The different types of market segmentation are summarized as follows:
Benefit SegmentationVolume SegmentationGeographic SegmentationBehavioristic SegmentationDemographic SegmentationProduct-space SegmentationPsychographic Segmentation.Thus, D. market segmentation can help Petco to tailor marketing mixes to meet the needs of specific customers.
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A firm charging a price identical to or very close to the competition's price is using a __________ strategy
A firm charging a price identical to or very close to the competitions price is using a status quo pricing strategy.
A status quo pricing strategy involves setting our product price equal to some benchmark over time. In other words, it can be that we match our competitions price. If a firm keeps their price the same over time and guarantee that it won't change, that's a status quo pricing strategy.
For instance, the soft drink industry. The price of a bottle of soda tends to be fairly consistent, be it a Coca-Cola or a Pepsi product. Other competitors in market with less brand loyalty, may try discounted pricing, but Coca-Cola and Pepsi tend to represent a status quo in pricing.
Hence, status quo pricing seeks to keep your product prices in line with similar products offered by your competitions.
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If the majority of service customers are satisfied, it is likely that all service customers will be satisfied.
If the majority of service customers are satisfied, it is likely that all service customers will be satisfied. False
Customer service is the provision of service to customers before, during, and after purchase. This makes it an important part of the customer's value chain. Different industries require different levels of customer service [1], but ultimately, the idea of a well-delivered service is to increase revenue. Awareness of a successful customer service interaction depends on employees who are “adaptive to the customer's personality”. [2] Customer service is often practiced in a way that reflects the company's strategy and values. Good customer service is usually valued by customer loyalty. Customer service is part of a company's intangible assets for some companies and can differentiate them from others in their industry. A great customer service experience can change a customer's overall perception of your company. [3]
Good customer service means consistently meeting customer expectations. Good customer service is fast, easy, personal, and caring. Companies that provide excellent customer service take the time to understand the needs of their unique customer base. J.
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