Why is it important to send a prompt reply to customers' requests? Which is the best way for writers to achieve promptness when faced with a large volume of responses?
What will be an ideal response?
Common courtesy dictates that a prompt reply be sent to request letters. Many companies
have policies requiring their employees to respond to letters within 48 hours— some, within 24
hours. These companies realize that being prompt in replying is simply good business. Even
when an inquiry cannot be answered in detail, common business courtesy demands that a
reply— at a minimum, an acknowledgment of the request— be sent promptly. Because
promptness is both a courtesy and a sign of good business, your reader will be impressed by
your quick response. A way for writers to achieve promptness when faced with a large volume
of responses is to use a preprinted reply card. The card may have blanks that the writer can
quickly fill in, or it may simply give a printed message with no blanks. Despite their lack of
personalization, preprinted responses allow a company to respond to hundreds or thousands
of requests promptly.
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The objective of providing remedies for the breach of a sales contract is to:
A. encourage parties to rely on trade practices rather than express terms. B. encourage parties to rely on oral contracts rather than written contracts. C. punish or penalize the party responsible for breaching the contract. D. put the injured person in the same position as if the contract has been performed.
The mean squared deviation of all the values from the mean is called the ________
A) variance B) range C) median D) mean E) geometric mean
Murray Products sells 2,100 kayaks per year at a price of $450 per unit
Murray sells in a highly competitive market and uses target pricing. The company has $990,000 of assets and the shareholders wish to make a profit of 17% on assets. Fixed costs are $450,000 per year and cannot be reduced. Assume all products produced are sold. What are the target variable costs? A) $132,040 B) $990,000 C) $776,700 D) $326,700
Which of the following is a behavioral red flag that can derail knowledge management?
A) being seen as a whistle-blower B) being seen as a messenger of bad news C) losing one's place as a knowledge gatekeeper D) All of the above