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Taya2010 [7]
2 years ago
5

Courtney recently ordered a few books online. However, she received the wrong order. She was completely dissatisfied and returne

d the books. She then wrote to the customer service expressing her anger. In response, the manager of the store sent her an apology via e-mail. He also sent her the books she ordered and refunded her money. Courtney was impressed and ordered books only from that store thereafter. In this scenario, the process adopted by the online store to regain Courtney's trust is called _____.
Business
2 answers:
poizon [28]2 years ago
7 0

What Courtney is experiencing in the question is a process called service recovery.

It refers to a paradox where a customer will think highly of a company when the company has fixed the problem that the customer is facing from its service, compared to how the customer would perceive the company when it gives a non-faulty service.

Customer retention is mainly determined by how a company resolves a problem that a customer faces due to a faulty service or product.

Dennis_Churaev [7]2 years ago
5 0

Answer:

Service Recovery.

Explanation:

A service recovery is a process in which the earlier dissatisfied customer becomes highly satisfied after the problem with that customer is being resolved by the company. In this case, such customers are the most loyal ones.

In the mentioned scenario, when manager of the company resolved the issue of the customer, the customer was much impressed and start to order only from the same company.

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Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr
Whitepunk [10]

Answer:

D) selling agent.

Explanation:

Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.

There are several types of sales agents and distributors, it all depends on certain details about how they work:

  • a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
  • a sales branch is a company owned by Celextron.
  • a full service wholesaler obtains title of the goods.

5 0
2 years ago
High-profile ethical meltdowns such as Enron and WorldCom have forced the Federal government to pass legislation demanding trans
ira [324]

Answer:

True

Explanation:

These emblematic cases force the legislation to demand more transparency to avoid a future financial crisis

5 0
2 years ago
Beck Construction Company began work on a new building project on January 1, 2020. The project is to be completed by December 31
svlad2 [7]

Solution:

Computation of % , revenue recognition and gross profit - Beck construction (In millions )

Year     Actual cost incurred (A)

2020         $ 50

2021          $ 85

2022         $ 55

Year     Total cost incurred till date (B)

2020         $ 50

2021          $ 135

2022         $ 190

Year     Total Estimated cost (C)

2020         $ 150

2021          $ 220

2022         $ 190

Year     % of completion (D) (B/C)

2020         33%

2021          61%

2022         100%

Year     Contract price (E)

2020        $187

2021         $187

2022        $187

Year     Total revenue to be recognised (F) ( E*D)

2020        $62

2021         $114

2022        $187

Year     Revenue for current period (G)

2020        $62

2021         $52

2022        $73

Year     Gross Profit (H) (G-A)

2020        $12

2021         $-33

2022        $18

5 0
2 years ago
what are the advantages and disadvantages of using globalization (mass marketing) versus customization (market segmentation) for
sveticcg [70]
Text me if I'm wrong ok at aidanmd2003 I don't get your point.
4 0
2 years ago
Green Company is planning to introduce a new product with a 75 percent incremental unit-time learning curve for production in ba
sweet-ann [11.9K]

Answer:

210 hours

Explanation:

The learning curve rate can be found by log75%

Ln0.75 = 0.12249

1 batch requires 200 hours

The 1500 units batch will require 200 hours

For 3000 units there will be two batches of 1500 units each

200 hours * 2 batches * 0.12249 * 4.5 = 210 hours

6 0
2 years ago
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