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Because the short-term customers can be very profitable, it is clear that loyalty is not the only one path to profitability.
A)True
B)False
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- Categorize the situation as primarily indicating 1 - an incentive to commit fraud 2 - an opportunity to commit fraud 3- a rationalization for committing fraud state the reasoning behind the category you choose Scenario: There was intense pressure to keep the corporation's stock from declining further. This pressure came from investors, analysts, and the CEO, whose financial well-being was significantly dependent on the corporation's stock priceAs a young Graduate who has been employed by Kyekyewere Limited who operates four different types of Businesses in four different industries as follows:a) Cash Cowb) Starc) Question Mark / Problem child andd) DogsWith the knowledge skills and competencies that you have acquired as a Graduate who studied Management of Small and Medium Enterprise Advise Management about these Investment Portfolios in the various industry (s). Your advice should cover the followinga) Explain to Management what Cash cow, Star , Question mark and Dogs industries represent.b) Advise Management on which firm(s) demand further investment and why? c) Advise Management on which firm(s) to close down and why?You are thinking about buying a used refrigerator. You find three are available. One is being sold by a couple that just bought a new refrigerator, one is sold by a student that just flunked out of school and the third is being sold by a handyman. They are priced about the same. From whom should you buy? of Select one: O a. the flunk out Ob. none of them O c. the married couple. Od. the handy man Next page us page our on this page WXOP?KI SKA
- 1. Everything a company does internally is called a profit center of the company . Select one : True False2.Brand equity reflects the value of the brand name and logo as promotional tools for attracting future buyers and building market share and profitability . Select one : True FalseType the correct answer in the box. Spell all words correctly. Which business model sells goods or services to buyers who then resell or use them for business purposes? The sell goods or services to buyers who then resell or use them for business purposes.What is the best goal company in terms of consumer company value match. O increase consumer value while decreasing costs. maintain costs and increase consumer value maintain consumer value while decreasing costs O all of the these are goals are equal. O none of these are goals are good for the company.
- Review the seven Ps of services marketing. How would they change your strategy in the simulation? How do the challenges of executing the additional Ps of services marketing relate to your previous, current, or potential work experiences based on industry? Provide specific examples.Which of the following is NOT true when considering competitive advantage? A competitive advantage is typically offering lowering prices than competitors. A competitive advantage is hard for competitors to copy. A competitive advantage is a valuable long-term approach. A competitive advantage is most profitable when it can be sustained over time.Each year, Executive members at Costco receive an annual voucher toward future Costco purchases. The voucher value is calculated as 2% of the value of their annual purchases. What type of loyalty program is this? A) rebate B) loyalty C) membership D) reward E) appreciation
- Imagine that the company follows a cost-leadership strategy and has a “no cash refunds” policy inorder to reduce company costs. What kind of plan or rules would you develop for your employees tofollow to deliver consistent customer service if a customer wants a refund?C. When might it be ethical to violate the rules you developed in (b) above in order to deliver the rightresponse to a customer service problem?Why is it usually a bad idea to buy a newly completed condo unit to flip for a quick profit? A In a rising market, condos typically rise in value faster than single family homes B In a rising markets condos typically rise more slowly in value than single family homes C Condos price tend to rise at times when single family houses prices dropping D In a failing market, condos typically drop in value more slowly than single family homesConstruct an income statement using the information provided. A company reports the following data: Interest expense $10,000 Cost of goods sold $160,000 Marketing expenses $70,000 Administrative expenses $50,000 Sales $400,000 Stocks dividends $5,000 Income tax $20,000 Depreciation expense $20,000