Explain why quality is important


Quality is important because customers value it, and because quality and the lack of it cost money. Even spending a lot of money to prevent poor quality is a bargain compared to the enormous costs incurred by poor quality.

Business

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The marketing and sales budget of Toby Inc is estimated to be $450 million. It has retained 800,000 customers and has acquired 350,000 new customers. The marketing administration cost of the company is $150 million

If the acquisition cost per customer is $350, calculate the approximate retention cost per customer. A) $168 B) $222 C) $320 D) $124 E) $85

Business

As related to a job order costing system, answer the following questions: a. What is a job order costing system? Identify three kinds of companies that would use such as system. b. What is a job order? c. What is the purpose of a job order cost card? Identify the kinds of information recorded in it

Business

Vicarious learning and symbolic mechanisms for learning and experiencing tasks and events is a key part of which theory?

a. Intrinsich motivation theory b. Social role theory c. Social cognitive theory d. Goal setting theory

Business

In spring 2013, _____________ trading averaged $5.3 trillion per day, with most of the trades in the dollar.

What will be an ideal response?

Business