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Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Wiki User
∙ 14y ago
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
Wiki User
∙ 14y ago
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What are the duties of retail staff?
Retail staff duties can include stocking the store, merchandising, and checking out customers. They are likely to have to deal with customer service and assistance as well.
Which area do you believe contributes most to helping a company gain a competitive advantage?
Price, service and location can contribute to a company's competitive edge. Sometimes, one of the above elements is enough but should be weighed against other factors. A price that's low in comparison to XYZ Mart gives a business an advantage. Many people will go out of their way to find a bargain. A company's service is like a business card. It represents you, your business. A company with quicker service and good results could have a competitive edge. A company that's easily accessed has a competitive edge. People are likely to do business where there's no hassle getting to and from a location. Still, all elements have to be looked at in totality.
What is the significance of an insurance company demutualizing?
This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.
What kind of operating system would a large candy manufacturer most likely use?
Apple, Microsoft, or if its based in Detroit, then Linux
What is most likely to lead a increase in the price of a company's stock?
A good earnings report
1 In comparing the accounts of a merchandising company with those of a service company what additional accounts would the merchandising company likely use assuming it employs a perpetual inventory?
Cost of goods sold and Gross profit
What are the duties of retail staff?
Retail staff duties can include stocking the store, merchandising, and checking out customers. They are likely to have to deal with customer service and assistance as well.
who offers internet service in this area?
Your local phone company and cable service are likely to offer internet service.
When are you most likely to say 'Hello how can I help you'?
When you work as a customer service representative for a company.
Merchandising jobs take place in many types of stores What are you NOT likely to merchandise in?
Car Dealerships
How cost of goods sold in the service industry is calculated?
COGS in the service industry will be the cost of the persons or machines directly applying the service. The accounts affected will most likely be salaries and depreciation. Other items like electricity to run the machines and helpers to the main human service providers will usually be classified as operating expenses (because the are indirect or overhead) which is after COGS is calculated on the income statement to arrive at the net profit. For my service company, my contractors are my COGS while my three employees are classified as just payroll expenses AFTER the gross income. You really have to decipher your direct and indirect costs to achieve a sale to determine which were the COGS that actually provided the service and which are just the operating expenses for the whole good of the company.
Why is penetration pricing more likely than skim pricing to raise a company's or a business unit's operating profit in the long run?
The penetration pricing is more likely to raise the business unit's operating profit in the long run because it does not spend heavily on promotion.
How do you find out if a cancelled policy has equity in it?
You call customer service of the insurance company and ask. But if the policy is cancelled, it is very likely there is no value to it.
Can you pay life insurance premiums online for your son?
More than likely you can. Contact customer service at the Life Insurance company.
What services does the company EHAM provide?
The company EHAM only offers Ham Radio. There are really no services in EHAM except the fact that it's a radio, which is most likely not a service at all.
Is there wifi in a limo?
It's possible. Whether such services or the more likely 3G/4G service is provided is up to the company which owns the limo.
Do call center services offer a collection service for Accounts Receivables?
It really depends on the company it is. Most likely not ,but to find out go call the center service and ask about it so your able to answer that. You never know they might do offer a collection service.
