A customer-focused business strategy:
A. stresses doing more with less by minimizing costs, encouraging productivity increases, and specifying in greater detail exactly how jobs should be performed.
B. places less emphasis on evaluating skills and jobs and more emphasis on incentives designed to encourage innovations.
C. stresses new products and short response times to market trends.
D. focuses on business practice or process that results in better performance than one's competitors.
E. stresses delighting customers and bases employee pay on how well they do this.
Answer: E
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Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts: December 4Freight charge for merchandise purchased$51.00?December 7Delivery charge for shipping to customer$75.00?December 12Purchase of office supplies$40.00?December 18Donation to charitable organization$59.00? If, in addition to these receipts, the petty cash fund contains $262.75 of cash, the journal entry to reimburse the fund on December 31 will include:
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When developing an advertising campaign, benchmarks need to be included in the
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