Explain why having a high quality customer service will help a retail business compete in a competitive and dynamic environment

Answers

Answer 1

Answer:

positive experience with a company, they are more likely to return and recommend the business to others.

Competitive advantage: In a competitive market, businesses need to find ways to differentiate themselves from their competitors. Providing top-notch customer service is one way to do this, as it can set a business apart from its competitors and create a competitive advantage.

Loyalty and retention: Customers who receive high quality customer service are more likely to be loyal to a business and continue to patronize it over time. This can help a business retain customers and reduce the need to constantly attract new ones.

Positive reputation: Providing excellent customer service can help a business build a positive reputation, which can attract new customers and help a business thrive in a competitive market.

Increased profitability: Ultimately, providing high quality customer service can lead to increased profitability for a business. Satisfied customers are more likely to make additional purchases, which can drive up sales and revenue.

Explanation:


Related Questions

Marketing managers have a number of branding strategies to choose from including multiproduct branding, multibranding, private branding, and mixed branding. Each of these branding activities has its own advantages and disadvantages. This activity is important because managers must choose the branding strategy for its products that will maximize the probability of success. The goal of this activity is to demonstrate your understanding of the four primary branding strategies. Roll your cursor over each product to read the description, then match the example to the branding strategy it exemplifies.

Answers

A corporation employs a single name for all of its goods in a certain product class as part of a multiproduct branding strategy, multibranding strategy, private branding strategy, or mixed branding strategy. "Corporate branding" or "family branding"

Which four branding strategies are there?

The Fab Four of brand-development tactics. Expansion of the product line. When a company targets an existing market with a new product that is similar to one it currently sells, this occurs. Co-branding, brand licensing, and brand expansion.

A brand strategy template: what is it?

You may use the Brand Strategy Template as a framework to establish your brand's identity, positioning, and fundamental values. Nine brand components that are necessary for a strong brand strategy are represented by these three fundamental brand areas: Brand objective. brand strategy. brand ideals.

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given that projects can be managed at various levels, which of the following would allow you as a project manager to manage the schedule and scope of a project at a higher level than a work package ? wbs dictionary portfolio level control account deliverable see all questions back next question

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Given that projects may be managed at different levels, using WBS would enable you to manage a project's schedule and scope at a higher level than you could with a work package.

Why does WBS matter?

A approach for finishing a challenging, multi-step project is called a work breakdown structure (WBS) in project management. To complete big tasks more quickly and effectively, it's a strategy known as "divide and conquer." A WBS's purpose is to simplify the management of big projects.

A deliverable-oriented breakdown of a project into more manageable parts is known as a work-breakdown structure in project management and systems engineering. A work breakdown structure divides the team's work into manageable chunks as a major project deliverable.

Why is a project's WBS so important?

Thanks to the WBS's greater clarity and concreteness of the deliverables, the project team can clearly grasp what needs to be accomplished within each delivery. This allows you to start with the smaller jobs and work your way up to the level of the complete project, making it feasible to estimate time, cost, and risk more precisely.

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Saeed is the manager of the Finance department. He has to inform the employees in the department about the introduction of a new analytical software and the resultant changes in procedures. Which of the following types of communication does he use?* O upward O downward O lateral O diagonal

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The communication does Saeed use is diagonal communication. So that the communication will happen crosses all organizational units and hierarchical levels.

Diagonal communication generally can be defined as  a sort of hybrid between vertical and horizontal communication. Diagonal communication also can be defined as a direct dialogue between employees of differing ranks who are not in the same chain of command. The example of Diagonal communication is a software developer might collaborate with a marketing manager to better understand product needs and positioning.

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Overall there are 3 main factors that are used to compute the premiums charged for health insurance. They are: A) Morbidity, interest, expenses B) Policy reserves, interest, expenses C) Mortality, interest, expenses
D) Morbidity, reserves, expenses

Answers

Option C is the correct answer. The three main factors used to calculate health insurance premiums are mortality, interest, and expenses. 

What about health insurance?One sort of insurance that covers all or a portion of the risk of a person needing medical care is health insurance, sometimes referred to as medical insurance or medical aid in South Africa.Similar to other types of insurance, risk is shared among numerous parties. An insurer can create a standard financial framework, like a monthly premium or payroll tax, to raise the funds necessary to pay for the medical benefits outlined in the insurance agreement by evaluating the overall risk of health risks and health system expenses over the risk pool. The benefit is managed by a central body, which could be a non-profit organisation, a government agency or a private company.

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For the past 30 years, the Lews have operated a neighborhood grocery store. Last week the city passed a zoning ordinance prohibiting packaged food sales in the area where they are located. The store is now an example of:

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The store is an example of a nonconforming use. A nonconforming use is a property use that was legally established before a change in zoning regulations made it no longer permitted in the area where it is located.

In this case, the Lews' grocery store was legally established before the city passed a zoning ordinance prohibiting packaged food sales in the area. However, the store is now considered a nonconforming use because it does not comply with the new zoning regulations. Nonconforming uses are typically allowed to continue until the property is sold or the use is abandoned, but they may be subject to certain restrictions or requirements. When a property is being used for a particular purpose and that use is in compliance with the zoning regulations at the time it is established, it is considered a conforming use. However, if the zoning regulations are later changed and the use of the property no longer complies with the new regulations, it becomes a nonconforming use.

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trace the genesis of human resource management/ planning

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Note that HRM may be traced back to the early twentieth century when the notion of "people management" first emerged. At the time, the emphasis was on ensuring that firms had an adequate number of people with the requisite skills and expertise to fulfill their tasks.

What is Human Resource Management (HRM)?

Human resource management (HRM) is the process of managing and developing an organization's employees. It include hiring and training personnel, administering payroll and benefits, and managing employee relations. Human resource management (HRM) is an important component of running a business because it ensures that the firm has the appropriate people with the correct abilities in the proper jobs.

Working with an HRM specialist may help you obtain top talent, enhance employee retention, elevate employee perks, deal with fewer compliance concerns, access HR remotely, and save critical time and energy.

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At the end of the current period, Maltese, Inc. reports the following amounts: Assets = $46,100; Liabilities = $27,000; Dividends =
$4,450; Revenues = $28,800; Expenses = $11,700.
Calculate net income and stockholders' equity at the end of the period.
Net income :
Stockholders equity:

Answers

Net income : $17100, Stockholders equity: $19100.

What is Net income?

Your take-home pay, or net income, is what remains after taxes and other withholdings have been deducted from it. Net income is the money that remains after all business expenses have been paid.

Operating income for the business was $23,000 after operating costs of $12,500. After deducting interest expense of $1,500 and adding interest income of $1,700, ABYZ arrived at a net income before taxes of $23,200.

Thus, Net income : $17100, Stockholders equity: $19100.

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2. Provide an example of a closed-end credit account that Caroline has. (1 point)
3. Provide an example of an open-end credit account that Caroline has. (1 point)
4. What has Caroline's payment history been like? Support your answer with two examples. (2
points)

Answers

2.An example of a closed-end credit account that Caroline has is a car loan.

3. An example of an open-end credit account that Caroline has is Credit  Card.

What is Closed end credit?

A   closed end credit is a loan  that must be repaid in full (lump sum) or in installment at  a certain date. Closed end credit has a set payment or amount which has to pay every month.

The government and banks can limit or set the interest rates and fees on these loans. It is a type of credit agreement lender signed between a and a borrower that includes amount borrowed, interest rates and charges applicable, and monthly installments payable.

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The cargo cult myth assumes which of the following ideas?
I Melanesian tribesmen have a materialistic view of the world
II Melanesians believed that their mock runways could attract cargo planes to bring them material wealth
III The isolation of Melanesians left them ignorant and backwards

Answers

The cargo cult myth assumes I Melanesian tribesmen have a materialistic view of the world.

The cargo cult myth is a common misunderstanding of the beliefs and motivations of some Melanesian tribesmen. According to this myth, these tribesmen are thought to have a materialistic view of the world, seeking to acquire modern goods through ritualistic practices.

However, this is not an accurate depiction of their beliefs; instead, their rituals are more closely linked to spiritual practices, with an emphasis on connecting with the divine. Cargo cults are actually a form of religious practice, not materialistic greed. Hence, the correct option is I.

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Which of these is a correct statement regarding the fifo method of accounting for inventory? a) during periods of increasing inventory prices, the cost of goods sold will be higher. b) during periods of increasing inventory prices, lower taxable income will result. c) during periods of declining inventory prices, lower taxable income will result. d) during a period of declining inventory prices, higher taxable income will result.

Answers

The ending inventory under FIFO is determined by the most recent units bought. First In, First Out is referred to as FIFO in this context. This approach of inventory valuation prioritizes sales of the earliest-purchased items.

What does the accounting term "FIFO" mean?

First in, first out (FIFO) is an uncomplicated approach of inventory valuation based on the presumption that commodities acquired or created first are sold first. This suggests that, in theory, older inventory gets distributed to customers before new inventory.

Which statement about the FIFO inventory method is accurate?

The right response is d. Compared to the LIFO approach, the FIFO method will report a higher inventory balance and a lower cost of products sold in the event of rising prices.

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Applied to supply chain management, Lamming’s lean supply concept suggests which of the following?
Early involvement of an established supplier
Re-sourcing as a last resort
Electronic data interchange
All of the above

Answers

The correct response is d. All of the above. Early participation of a reputable provider, As a very last resort, resourcing exchange of data electronically.

A reliable and trustworthy individual or business has a good reputation. A reputable business or individual is dependable and deserving of trust. A trustworthy or reliable source is typically one that professionals in your field concur is appropriate for your goals. Utilizing the source evaluation technique that best suits your needs is advised because this can vary. Keep in mind that credibility depends on context! A reliable source is one that was authored without bias or inaccuracies by a subject matter expert in the field. A trustworthy individual is one who has been proven to be sincere, honest, and reputable and who can be relied upon to file a report.

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The correct response is d. All of the above. Early participation of a reputable provider, As a very last resort, resourcing exchange of data electronically.

How would you define data?

Data in computing refers to information that has been converted into a format that is useful for transmission or processing. Data is information transformed into binary digital form for use with computers and transmission devices of the present. Both the singular and plural forms of the topic data are permitted.

Describe data and an example.

Text, observations, figures, photos, numbers, graphs, and symbols can all be used as forms of data. Individual prices, weights, addresses, ages, names, temperatures, dates, or distances, for instance, might be included in the data. Data is an unprocessed type of knowledge and has no meaning or use by itself.

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Use each of these individual reward system terms to identify the following reward examples. Use each term no more than once. If some of your employees need daycare, some want greater retirement contributions, and some want a more generous healthcare plan, which is the best reward system to implement? A car and driver, first class travel, and a golf club membership are given to all employees at the Vice President level or higher ___
You receive a job offer with a $55,000 salary ___
To ensure that your organization's new reward system best meets your employees' needs, you create a task force comprised of people from all ranks and locations across the company to provide input into the new system ____

Answers

Type Flexible Financial Rewards, Perks and benefits, Base Pay, or Participatory Pay System in the appropriate areas.

What is a employee's referred to as?

An employee is a person hired by a company to do a certain activity. Employers continue to be in charge of determining an employee's wage, working hours, and working conditions. In exchange, employees have benefits that contractors do not.

Who is the other employee's name?

A coworker is a different employee, especially one with whom you work with. Workers and colleagues, respectively, are terms used to describe paid personnel. You wouldn't refer to your employees or pupils as coworkers, even if you could work closely with them.

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Explain two reasons why the demand for CC's products might change over time.

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Change in Supply can be caused due to changes in technology, machinery usage or development of better and efficient methods of production. An increase in competition in the market also affects Supply.

What is CCS?

The net income of an oil and gas business is referred to as the current cost of supplies (CCS) after accounting for changes in actual expenses over the reporting period.

CCS has an impact on a company's net income because it is used to correct expenses during a reporting period and is based on commodity market prices.

In any area of business where manufacturing or production costs differ significantly from one reporting period to the next, using CCS is preferable to the plain net income statement.

The overall amount of money a business makes is called adjusted net income.

The net income, also known as profit or net earnings, that is shown on the profit and loss statement may be significantly different from the adjusted net income.

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the integrated constructing management platform

Desigo CC is the built-in building management platform for managing high-performing buildings.

With its open design, it has been developed to create comfortable, protected and environment friendly facilities.

It is without difficulty scalable from simple single-discipline systems to totally built-in buildings.

What is the ultra-modern version of Desigo CC?

Desigo CC V6 will be proven for the first time at Light + Building 2022, in Frankfurt, Germany,

What is Siemens Insight?

Performance Insight is a flexible device for calculating and visualizing computer condition. Create dashboards and reports with simply a few clicks and advantage from maximum transparency of your machines and plants. Free trial.

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For tax year 2021, you can contribute to a Roth IRA if you have taxable compensation, your filing status is HOH and your modified AGI is less than: Select one: a. $125,000 b. $140,000 c. $208,000 d. None of these

Answers

Note that for tax year 2021, you can contribute to a Roth IRA if you have taxable compensation, your filing status is HOH and your modified AGI is less than: "None of these" (Option D)

What is the rationale for the above response?

The rules state that the contribution limitations for a Roth IRA are determined by your taxable income and filing status. If you are single or head of household (HOH) and receive taxable compensation and your adjusted AGI is less than $125,000 in tax year 2021, you can contribute to a Roth IRA. If however, you are married filing jointly and have taxable income, you can contribute  if your adjusted AGI is less than $198,000.

So note that provided you are married filing separately and resided with your spouse at any point during the year, you may be allowed to contribute if you have taxable income and your adjusted AGI is less than $10,000.

If none of these   qualifications apply to you, then you cannot contribute to a Roth IRA in tax year 2021.

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under the new law, starting in 2024, student loan payments would count as retirement contributions and would qualify for an employer's matching contribution
a. true
b. false

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This statement is true: Under the new law, starting in 2024, student loan payments would count as retirement contributions and would qualify for an employer's matching contribution.

The Secure 2.0 Act will enable companies to match 401(k) contributions made by their staff members based on those employees' student loan repayments starting in 2024. In other words, student loan payments may be considered 401(k) or elective deferrals, and as such, may be subject to a company's matching plans.

The guidelines for employer 401(k) matches range between different plans. However, a firm will often match a portion of an employee's contributions up to a certain dollar amount annually.

Even if employees don't make direct contributions to their own 401(k) plans, the law permits employers to make matching 401(k) contributions based on employee student loan payments.

Consider refinancing your private student loans for a reduced interest rate if your student loan debt is preventing you from saving money for retirement. Visit Credible to receive your tailored rate without hurting your credit score in just a few minutes.

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It is accurate to say that beginning in 2024, payments made toward student loans would be considered retirement contributions and will be eligible for employer matching contributions.

Beginning in 2024, the Secure 2.0 Act will allow employers to match 401(k) contributions made by employees depending on those employees' student loan repayments. In other words, payments for student loans may be seen as 401(k) or elective deferrals, and as such, might be covered by a company's matching schemes.

Various plans have different requirements for employer 401(k) matching. However, a company may frequently match a part of a worker's contributions up to a certain yearly cash level.

The law allows companies to make matching 401(k) contributions based on employee student loan payments even if employees don't make direct contributions to their own 401(k) plans.

If your student loan debt is limiting you from saving money for retirement, think about refinancing your private student loans at a lower interest rate. Visit Credible to acquire your customized rate in a matter of minutes without damaging your credit score.

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When Hope Springs Water Co. was looking to complete the ................. phase, the company could have leveraged internal research, requested customer input, conducted a competitive analysis or sought collaboration with another organization.
- market testing
- development
- screening and evaluation
- idea generation
- commercialization

Answers

When Hope Springs Water Co. was looking to complete the d) idea generation phase, the company could have leveraged internal research, requested customer input, conducted a competitive analysis or sought collaboration with another organization.

When Hope Springs Water Co. began their idea generation phase, they had many potential options to consider. Internally, the company could have conducted research to identify potential solutions.

Additionally, customer input could have been requested to gain further insight into their needs.

To gain competitive advantage, Hope Springs Water Co. could have also conducted a competitive analysis to gain a better understanding of the market. Lastly, the company could have partnered with another organization to draw on their resources and ideas.

With these options, Hope Springs Water Co. was able to make the most informed decision and move forward with their idea generation phase.

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Although some examples of this are job-related and enhance productivity, such as a car and driver, they mostly seem to increase the status of their recipients and may thus increase satisfaction and reduce turnover. an employer's contribution to your retirement plan is an example of this. when your work team comes up with an idea that saves the company at least $5,000, your team gets $1,000 to share among the team members.

Answers

Even though some of these, like a car and driver, are work-related and increase productivity, they mostly tend to elevate their receivers' status, which may boost satisfaction and lower turnover.

What does the phrase "improve productivity" mean?

The definition of enhanced productivity is the ability to produce more with the same amount of input. It means an economy's or a company's capacity to transform resources into goods has become more productive. We have the opportunity to produce more with fewer resources thanks to increases in productivity.

What do you mean by productivity?

Productivity is a gauge of economic success because it contrasts the quantity of products and services produced (output) with the quantity of inputs needed to produce those goods and services.

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Roll your cursor over each type of product to reveal definitions. Then place each product under the correct consumer type.

Answers

SUV: Sport utility vehicle (SUV) is a compact crossover mid-raised car. It contains the classification that combines elements of road-going passenger cars from off-road vehicles.

SUVs have higher ground clearance and spacious seating is the priority, has a longer wheelbase, these type of cars offer better city driving and also handles terrain roads. Tata Nexon, Hyundai Creta, and tata Punch are some examples of SUV cars.

VCR: A videocassette recorder is an electronic device used to record audio or video from broadcast television or other sources.

Kindle: A portable electric reading gadget introduced by amazon in 2007. Currently, e-books are constituted one-third of the market.

Electronic car: An electronic car is a vehicle of transport that is powered by electricity. Other than the vehicles that are used gasoline. Electronic vehicles use electricity to run.

iPod: iPod is a portable media player designed by apple. It can be used as an external data saver. It’s used to play music.

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What is TRUE about credit unions?
OA. They are not insured by the government.
OB.
OO
C.
D.
They do not have any govemment regulations.
They only offer savings accounts.
They are owned by members.

Answers

The true about credit unions is they are owned by members. Credit unions are non profit organizations. The correct option (D).

What do you mean by the credit unions?

A particular kind of financial cooperative that offers conventional banking services is a credit union.

Credit unions can be established by major firms, organizations, and other entities for their employees and members. They can range in size from small, volunteer-only operations to large organisations with thousands of participants across the country.

The fact that credit unions have significantly fewer physical facilities than the majority of banks can be a disadvantage for customers who prefer in-person assistance.

The earnings of credit unions are not subject to corporate income tax.

Therefore, the true about credit unions is they are owned by members. Credit unions are non profit organizations.

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When offering financial products, you have the authority to change the details of fees, charges, credit terms, and costs as you determine best for the client.

Answers

Answer:

As a financial institution or provider of financial products, you have the authority to change the details of fees, charges, credit terms, and costs as you see fit, within the bounds of relevant laws and regulations. However, it's important to be transparent with your clients about any changes you make, and to provide them with sufficient notice of any changes that may affect them.

In addition, it's important to remember that you have a fiduciary responsibility to your clients, which means that you are required to act in their best interests when making decisions about the financial products and services you offer. This includes considering their needs and goals when making changes to fees, charges, credit terms, and costs, and ensuring that any changes you make are fair and reasonable.

Overall, it's important to maintain trust and credibility with your clients by being transparent, fair, and honest in your dealings with them. This can help to build long-term relationships and strengthen your business's reputation in the financial industry.

Explanation:

Hemlock Nutritional Supplements (HNS) provides you with the following accounting records on manufacturing cost for the most recent month:
Direct materials $ 126,000
Direct labor 105,000
Variable overhead 92,400
Production was 60,000 units (cases). Fixed manufacturing overhead was $144,000.
For the coming year, costs are expected to increase as follows: direct materials costs by 40 percent, excluding any effect of volume changes; direct labor by 22 percent; and fixed manufacturing overhead by 29.5 percent. Variable manufacturing overhead per unit is expected to remain the same.
Required:
Prepare a cost estimate for a volume level of 42,000 units of product in the upcoming month.
Determine the costs per unit for the most recent month and for the upcoming month

Answers

To determine the costs per unit for the upcoming month, we divide the new total manufacturing cost by the number of units produced:

$555,660 / 42,000 units = $13.22 per unit

How do you determine the cost per unit of the upcoming year?

To calculate the cost per unit, we divide the total manufacturing cost by the number of units produced:

$467,400 / 60,000 units = $7.79 per unit

For the upcoming month, the costs per unit are expected to increase, so we need to estimate the total manufacturing cost for 42,000 units.

To estimate the direct materials cost, we calculate 40% of the current cost of $126,000:

$126,000 x 40% = $50,400 increase

New cost = $126,000 + $50,400 = $176,400

To estimate the direct labor cost, we calculate 22% of the current cost of $105,000:

$105,000 x 22% = $23,100 increase

New cost = $105,000 + $23,100 = $128,100

To estimate the fixed manufacturing overhead cost, we calculate 29.5% of the current cost of $144,000:

$144,000 x 29.5% = $42,480 increase

New cost = $144,000 + $42,480 = $186,480

To estimate the variable overhead cost, we use the current cost per unit of $92,400 / 60,000 units = $1.54 per unit

We multiply the expected unit production 42,000 units x $1.54 = $64,680

New total manufacturing cost = $176,400 + $128,100 + $186,480 + $64,680 = $555,660

To determine the costs per unit for the upcoming month, we divide the new total manufacturing cost by the number of units produced:

$555,660 / 42,000 units = $13.22 per unit

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What step of the scientific method involves a cosmetologist trying to determine what is behind a clients issue that needs to be addressed? 

A) Identify the problem

B) Develop the explanation

C) Predict future events

D) Test predictions

I’m so stuck on this question cause I would say all of above but there is no selection for that so I just want a second opinion.

Answers

Answer:

A) Identify the problem is the correct answer.

Explanation:

The scientific method is a systematic approach to solving problems and answering questions that involves the following steps:

Identify the problem: This is the first step in the scientific method and involves identifying a problem or question that needs to be addressed. In the case of a cosmetologist trying to determine what is behind a client's issue, this step would involve identifying the specific problem that needs to be addressed, such as a particular skin condition or hair issue.

Develop a hypothesis: After the problem has been identified, the next step is to develop a hypothesis, or an educated guess, about what might be causing the problem.

Test the hypothesis: The third step involves conducting experiments or observations to test the hypothesis.

Analyze the results: This step involves analyzing the data collected during the testing phase to see if the hypothesis was supported or not.

Draw conclusions: Based on the analysis of the results, the final step is to draw conclusions about the problem and communicate the findings to others.

Therefore, the step of the scientific method that involves a cosmetologist trying to determine what is behind a client's issue that needs to be addressed is A) Identify the problem.

If a customer wishes to set up Autopay what 2 actions are required?
Provide a copy of a voided check
Sign in to or create an Intuit account
Check the box to turn on Autopay
Sign up for a QuickBooks Online subscription
Provide an IRS Form W-9 from the merchant

Answers

If a customer wishes to set up Autopay what 2 actions are required, the two steps that are required are: 1) Provide a copy of a voided check 2)Sign in to or create an Intuit account

Setting up Autopay with Intuit requires a few simple steps. First, you'll need to provide a copy of a voided check. Then, you'll need to sign in to or create an Intuit account and check the box to turn on Autopay.

Finally, you'll need to sign up for a QuickBooks Online subscription, and provide an IRS Form W-9 from the merchant. Follow these steps and you'll be able to set up Autopay in no time.

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9. During the selling process, you assess the needs of the customer by asking questions that get the customer to provide details about what they want or need.
These questions are typically not answered with a "yes" or "no".
A. Short questions
B. Open-Ended questions
O C. Easy questions
O D. Fast questions

Answers

B is the correct answer

A salesman worth his salt would not be asking the customer open ended questions, he would ask them yes or no questions to get the sale done at a decent time.

Hope this helps have an excellent day!


What do we call the amount of money (or income) that a company gets from its customers?
a) Profit
b) Revenue
c) Cashflow
d) Salary
Submit

Answers

Answer:

b) Revenue

Explanation:

Revenue is the money gained in exchange for the goods and services it gives to its customers.

Routine Finance Functions​

Answers

Regular financial operations are those that are frequently carried out without management involvement. For the efficient performance of managerial finance functions, routine financial tasks are completed.

What is managerial participation?

Top executives are thought of as the most significant workers in a company and are in charge of its performance (Hambrick & Mason, 1984). The effects of senior managers and their engagement in corporate performance are two of the strategic management themes that have attracted the most investigation. There are three ways to look at senior executives' effects on a company's success. The first is the agency theory.

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Thorpe Corporation purchases a new delivery truck and signs a note payable at the truck dealership for the total cost. The impact of this transaction on Thorpe Corporation A. increases assets and increases stockholders' equity. B. increases assets and increases liabilities. C. decreases assets and increases liabilities. D. increases assets and decreases stockholders' equity.

Answers

In order to pay for the cost of the new delivery truck, Thorpe Corporation signs a note payable at the truck dealership. Thorpe Corporation's assets and liabilities will grow as a result of this transaction.

A company is a legitimate entity that exists independently of its owners. Many of the same legal rights and obligations that apply to individuals  liabilities also apply to businesses. They have legal authority to make agreements, lend and borrow money, file lawsuits, hire staff, possess property, and pay taxes.

The majority of big companies are corporations, such. Some businesses operate both under their own names and under several trade names, such as.

While a corporation's exact legal definition varies from one jurisdiction to the next, restricted liability is always its most crucial feature. As a result, shareholders are not individually responsible for the debts of the business but may share in the gains through dividends and stock appreciation.

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increases assets and increases liabilities

Thorpe Corporation signs a note made payable to the truck dealership to cover the cost of the new delivery truck. The assets and liabilities of Thorpe Corporation will increase as a result of this transaction.

What is Corporation?

A business is a legitimate entity that exists without the involvement of its owners. Businesses have many of the same legal rights and responsibilities that apply to individuals. They have the right to enter into contracts, make loans and take loans, bring legal actions, appoint people, own property, and pay taxes.

Most large businesses are corporations as such. Numerous trade names, including, are used by certain businesses in addition to their own.

Despite the fact that a corporation's precise legal definition differs from one country to the next most crucial feature. As a result, shareholders are not individually responsible for the debts of the business but may share in the gains through dividends and stock appreciation.

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Which of the following steps in human resource management helps retain competent and high-performing employees? Select one: O a. Selecting O b. Orientation O c. Training
O d. Performance management

Answers

Performance management in human resource management helps retain competent and high-performing employees

What is performance management?

An ongoing, continuous process of the communicating and clarifying job responsibilities, priorities, performance expectations, and development planning that optimize an individual's performance and aligns with organizational strategic goals.

It can focus on performance of whole organization, department, an employee, or processes in place to manage particular tasks.

Three commonly used forms of the organizational performance management are:

The Balanced ScorecardManagement By ObjectivesBudget-driven Business Plans

Examples of performance management processes include performance appraisals, key performance indicators (KPIs) and management dashboards.

Essentially, performance management is organisations do to become more successful and stay ahead of their competitors.

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in witness whereof, the parties have caused their duly authorized representatives to sign this services agreement as of the date first written above.t/f

Answers

The correct answer is True. As of the day this agreement was first written, the parties compelled their lawfully authorised representatives to sign it.

While it is true that not every document must have a witness' signature, this does not preclude the presence of a witness' signature on documents that are exempt from the requirement for attestation under the applicable statute. Rather, the validity of the attestation in such documents need not be confirmed by a court of law.

In the end, a contract is referred to as being executed once it has been signed. All signatories are formally required to carry out their agreed-upon roles after the contract is finalised. Since you saw the agreement, you won't be held accountable for any consequences unless you are a third party and are aware of its contents as well as its terms and conditions.

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As the production line for the custom fruity nut caramel clusters is being implemented you realize that if you do it slightly differently than you originally decided you can produce 10% more candy every hour.
Choose an alternative
Evaluate alternatives
Control

Answers

Evaluate alternatives as you can produce 10% more candy every hour, this shall enhance productivity.

An illustration of productivity, please.

The production per employee or the output per employee per hour are standard metrics for determining productivity. The volume or value of finished goods that each employee can create in a specific amount of time may be used as a productivity indicator for a manufacturing organization.

What exactly is a person's productivity?

Efficiency in completing a work is a key component of productivity. It's common to believe that being productive entails completing more tasks every day. Wrong. Making significant progress on a regular basis is productivity. Furthermore, only a select few tasks are actually crucial, regardless of what you are working on.

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