Answer:
Customer loyalty strategy
Explanation:
The customer loyalty strategies are developed by a company to retain its current clients and encourage them to recommend its services or products. mainly, the client loyalty is promoted through different special discounts or additional services that a client will have if recommend the company. these strategies can be used too if the company wants the clients increase the buy of services or products; in this case if they get a certain number of products they will obtain discounts or additional products.
Complete Question:
Read the news clip, then answer the following question A Bakery on the Rise Avalon's decision to -is a long-run decision. O A. move to a larger space Up to 500 customers a day line up to buy Avalon's breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to hire 15 more. Its payroll will climb by 30 percent to 40 percent. The new CEO has executed an ambitious agenda that includes the move to a larger space, which will increase the rent from $3,500 to $10,000 a month Source: CNN, March 24, 2008
Avalon's decision to __________ is a long run decision.
A. Move to Larger Space
B. Hire 15 more employees
Answer:
Option A. Move to Larger Space
Explanation:
The decision that alters only a single variable factor is considered as a short run decision. Labor, electricity usage, increased production are examples of variable factors. This means that increase in employees is a short run decision.
On the other hand, decision to increase or decrease the fixed factors are considered as long run decision because it is difficult to alter the decision and if we do so, then we will encounter heavy losses for a long period of time. Long run decision includes selling or purchasing or leasing of property, plant and equipment are considered as fixed factors.
In this case, Avalon is considering to move to a larger space which will result in significant increae in fixed cost. Hence it is fixed factor and is long run decision. Hence Option A is correct here.
Answer:
63218
Explanation:
Annuity -3300
FVAD (from table) at 15years, 3% = 19.1569
Future value = 63217.77=63218
Answer:
The right answer is, False.
Explanation:
Nowadays companies seek to improve the attitudes, knowledge and skills of their employees, through training activities so that everyone works synergistically in achieving the objectives of organizations.
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
In this question, it is asked about to select one project among two given project based on the evaluation criteria. These evaluation criteria include:
- Proven technology
- Ease of transition
- Projected cost saving
Based on my analysis, I will select the project cairso because It has high transition and high projected cost saving.
The analysis of these project is shown in attached picture with this solution.
