Tuition reimbursement is the practice of reimbursing training costs when an employee leaves the organization during training.
Answer the following statement true (T) or false (F)
False
Tuition reimbursement is the practice of reimbursing employees' costs for college and university courses and degree programs.
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In the absence of a partnership agreement, profits and losses from a limited partnership are shared on the basis of the value of each partner's capital contribution
Indicate whether the statement is true or false
Which of the following organizations was responsible for putting forth the UN Convention for the International Sale of Goods (CISG) and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention)?
a. the World Bank b. the UN Commission on International Trade Law c. the International Monetary Fund d. the World Intellectual Property Organization
Netflix has one of the highest customer loyalty ratings in the entertainment industry with approximately 74% of current subscribers continuing to renew their subscription with Netflix on a month-to-month basis. In addition, many customers have cancelled their cable or satellite subscriptions and rely almost exclusively on streaming services such as Netflix for their entertainment. Netflix offers three different payment options or plans for customers-the basic plan at $7.99 per month, standard plan at $10.99 per month, or a premium plan at $13.99 per month. Thus, subscribers who renew on a monthly basis would pay between $95.88 and $167.88 per year to continue their Netflix service. If 74% of subscribers continue their service on an annual basis, Netflix is able to build a stable revenue
stream based on repeat purchasers. A quick snapshot of one customer revealed that the customer had subscribed to the Premium plan for five years and generated over $700 in revenue to Netflix. Which of the following marketing terms best captures the importance of customer loyalty and its impact on Netflix? A. Customer impact score B. Customer retail calculation C. Customer lifetime value D. Customer profitability value
Why is it important for marketers to estimate sales potential for the entire industry as well as for the individual company?
What will be an ideal response?