Answers

OS

Answered

Intangible assets involve rights, privileges, and/or competitive advantages that result from ownership of identifiable assets that do not possess physical substance.

On Jul 07, 2024


True
OS

Answered

Melanie and Oli are competing Pacific halibut fishers. Both have been allocated ITQs that limit their catch to 1,000 tons of Pacific halibut each. Melanie's cost per ton is $20; Oli's cost per ton is $25. If the market price of Pacific halibut is $35 per ton, and Melanie and Oli both catch their quota, their combined profit will be

A) $10,000.
B) $15,000.
C) $25,000.
D) $35,000.

On Jul 07, 2024


C
OS

Answered

One special feature about health care services is that society regards them as

A) private goods.
B) an entitlement.
C) something to be rationed by price and ability to pay.
D) normal goods.

On Jul 02, 2024


B
OS

Answered

Which of the following is a criticism of agent-based ethics?

A) Codes of ethics are based on society's legal frameworks.
B) Personal decisions cannot be guided by universal laws.
C) Different people have different concepts of virtuous conduct.
D) The best decisions benefit most individuals in a society.

On Jun 07, 2024


C
OS

Answered

When a salesperson works with sales management and experts across the firm to support new-customer acquisition and ongoing customer relationship management, it is referred to as

A) channel selling.
B) consultative selling.
C) team selling.
D) customer advocacy.
E) adaptive selling.

On Jun 02, 2024


C
OS

Answered

Demand for a given item is said to be dependent if

A) it originates from the external customer.
B) there is a deep bill of material.
C) the finished products are mostly services (rather than goods) .
D) there is a clearly identifiable parent.
E) the item has several children.

On May 08, 2024


D
OS

Answered

Identify and define the five core customer measures. To support your answer, provide an example for each core measure.

On May 03, 2024


The five core customer measures are customer satisfaction, customer loyalty, customer retention, customer advocacy, and customer lifetime value.

1. Customer satisfaction: This measures how satisfied a customer is with a product or service. For example, a customer satisfaction survey can be used to measure the level of satisfaction a customer has with a recent purchase.

2. Customer loyalty: This measures the likelihood of a customer to continue purchasing from a specific brand or company. For example, a customer who consistently chooses a particular airline for their travels demonstrates loyalty to that airline.

3. Customer retention: This measures the ability of a company to retain its customers over time. For example, a high customer retention rate indicates that a company is successful in keeping its customers coming back for repeat purchases.

4. Customer advocacy: This measures the likelihood of a customer to recommend a product or service to others. For example, a customer who actively promotes a specific brand or product to their friends and family is a strong advocate for that brand.

5. Customer lifetime value: This measures the total value a customer brings to a company over the entire duration of their relationship. For example, a customer who consistently makes large purchases and remains loyal to a company for many years has a high customer lifetime value.
OS

Answered

Cienfuegos Corporation has provided the following data concerning last month's operations. Cienfuegos Corporation has provided the following data concerning last month's operations.     The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold.How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold? A) $157,000 B) $154,000 C) $161,000 D) $197,000 Cienfuegos Corporation has provided the following data concerning last month's operations.     The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold.How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold? A) $157,000 B) $154,000 C) $161,000 D) $197,000 The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold.How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold?

A) $157,000
B) $154,000
C) $161,000
D) $197,000

On Apr 29, 2024


B