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What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $75 per visit, the frequency of repurchase is 6 times per year, the contribution margin is 10%, and the average customer defection rate is 25%? If a continuous improvement goal is set of a 20% defection rate next year and 15% two years from now, what are the revised VLCs over their average buying life?
You are valuing a 14,000 square foot building that rents for $18 per square foot per year. If vacancy and collection loss is 5 percent and operating expenses are 25 percent of effective gross income. What is the net operating income? If the "cap" rat..
The Grand Valley Company, run by the J. Motwani family, produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresses or box springs
Should organizations have both a vision statement and a mission statement? If you were to lead an organization and you could have only one, a mission or vision statement, which would you choose and why?
Explain the basic concepts of ethics and fair treatment at work, what shapes ethical behavior, HR's role in establishing organizational ethics, and how that role might be better informed by a Biblical worldview.
Woodland Furniture is a small manufacturer of kitchen chairs with 5 workers. The cost of labor is $15 per hour and workers work 40 hours in a week. The overhead cost is assumed to be 1.2 times the weekly total labor cost. Calculate the multifactor p..
What problems can account for this poor acceptance? What is the shape of the trash compactor life cycle?
"The best means of verification of cash, inventory, office equipment, and nearly all other assets is a physical count of units; only a physical count gives the auditors complete assurance as to the accuracy of the amounts listed on the balance sheet"..
Not an essay just a brief question, must be original and pass turnitin.Why is it necessary to regularly evaluate business strategy?
The availability and even dependence upon computer technology is brought to task by Baase in Chapter 8. What are some of the ways that the ease and simplicity of our current technological devices also lead us at times to surrogate our daily responsib..
Legislation (state or federal level) that aims to improve the mental health or reduce stigmatization of mental health issues among the public?
What complications does our current financing system cause for providers of care? What complications does our insurance system cause individual consumers?
Explain how to evaluate the success of a training program.
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