What is the primary focus of a customer-centered company?
What will be an ideal response?
A customer-centered company focuses more on customer developments in designing its strategies. By watching customer needs evolve, a customer-centered company can decide what customer groups and what emerging needs are the most important to serve.
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Mystic Falls Inc Mystic Falls Inc bottles and sells a popular soft drink. In 2011, the company had expected to sell 1,000,000 bottles but actually bottled and sold 900,000 bottles. The standard direct materials cost for each bottle is $.40 comprised of 10 ounces at a cost of $.04 per ounce. During 2011, 10,000,000 ounces of material were purchased out of which 9,200,000 ounces were used at a cost
of $.05 per ounce. Refer to the Mystic Falls Inc information above. The direct materials price variance for 2011 was: A) $ 92,000 U. B) $ 92,000 F. C) $100,000 U. D) $100,000 F.
In the context of mergers, the more openly and effectively each company communicates with its employees about the changes as they occur, the better the employees adjust and move forward in their work on behalf of the newly merged organization.
Answer the following statement true (T) or false (F)
A buyer failed to take advantage of the vendor's credit terms of 2/15, n/45, but instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is:
A. 16.2% B. 18.9% C. 24.3% D. 12.2% E. 24.5%
Official international reserves consist of three major components EXCEPT:
A) gold reserves. B) foreign exchange reserves. C) deposits of private financial institutions. D) IMF-related reserves assets.