what is a customer retention?

Answers

Answer 1

Answer:

Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.

Explanation:

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Answer 2
Customer retention is keeping customers as repeat customers. Repeat customers come back to make purchase more then one time.

Related Questions

. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?

Answers

Answer:

the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996

if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50

her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.

The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5

What do you mean by Total revenue?

Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.

Total revenue when she uses the direct channel is $996  

[tex]\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996[/tex]

If she uses the indirect channel, her total revenue is $1,059.50.

[tex]\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50[/tex]

The difference in revenue between direct selling and indirect selling:

[tex]\rm\, \$1,059.50 - \$996 = \$63.5[/tex]

The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.

Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.

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Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation

Answers

Answer:

The answer that I think would be correct is option C (survivors benefits)

Explanation:

Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.

Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.

Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.

Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.

give the meaning and nature of Foreign direct Investmen.​

Answers

Answer:

foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. ... However, FDIs are distinguished from portfolio investments in which an investor merely purchases equities of foreign-based companies

Michele is a manager at MDH Incorporated. She monitors the progress of an affirmative action program to advance minorities within the corporation, reviews progress on changes in employee attitudes, calls a special meeting to discuss problems, and makes appropriate adjustments in the program. Michele is engaged in which management function

Answers

Answer:

"Controlling" is the right response.

Explanation:

Michele helps to monitors whether the curriculum has been implemented according to another strategy or indeed any adjustments that need to be created. The whole information will assist in appropriate corrective measures.

After that, Michele checks the availability as well as chooses to make several other significant changes to the program.

Following are the different health signs in an animal. Which of these are the signs of good health in an animal?
I. bright eyes
II. membranes of the eyes are pink
III. rapid respiration

Answers

Answer:

I & II

Explanation:

plato:)

A is made up of or more and a section, is commanded by a ,

Answers

Oh gosh gosh oh yeah lol oh yeah yeah

To determine if the bank's Web site is secure, look at the web site address.

True
False

Answers

True. You would need to look at the website address if it shows https s meaning it’s secure.

Who was probably the most famous anonymous source in 20th-century journalism?

Answers

Answer: Deep Throat. I know it may sound weird but that’s the answer

Explanation: Hope this helps

why teacher want me to take exam

Answers

Answer:

dont know but our state dodge it because we had power and water out so we have about 2 weeks till then i think i know fo sure its in march tho

Explanation:

Cheese Pizza or Pepperoni Pizza

Answers

Answer:

pepperoni

Explanation:

Answer:

I think I like extra cheese pepperoni :)

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Characteristics of natural resources​

Answers

Explanation:

the characteristics are as follows:-

1. Natural resources are useful, profitable and beneficial .

2. Natural resources have limited availability.

3. They are potential for depletion or consumption.

4. Natural resources are non-renewable sources in nature.

According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85

Answers

Answer: New credit

Explanation:

According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.

What is credit score?

Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.

A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.

As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.

Learn more about on credit score, here:

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Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year?
a.
$1,561.97
b.
$1,811.70
c.
$1,792.09
d.
$1,541.05



Please select the best answer from the choices provided


A
B
C
D

Answers

Answer:

b. $1,811.70

Explanation:

3. How would the length of the shadow at noon compare with the length of the shadow in the late afternoon?

Answers

In the morning your shadow will point west and in the afternoon it will point east. If your shadow is long, it is near sunrise or sunset. Your shadow is shortest around noon

The length of the shadow at noon would is quite different from the length of shadow in late afternoon.

What is Shadow?

A shadow is a dark spot that is created when light is blocked.

The light could be blocked by an object thereby creating a shadow.

The length of shadow varies depending on the angle of the light.

Therefore, the length of the shadow at noon would is quite different from the length of shadow in late afternoon.

Learn more on shadow here,

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A. Name any two:
1. Greek gods
2. Oldest language
3. Greek mathematicians
4. Renewable sources of energy
5. Precious stones
6. Snakes
7. Islands of Japan
8. Flightless birds
9. Indian satellites​

Answers

Answer:

1) Athena and Aries

2)Tamil/Sanskrit

3) Plato and Euclid

4) Solar energy Wind energy

5)Ruby, emerald

6)Python, Rattlesnake

7)8)9)i have no idea

Explanation:

Which of the following is NOT a type of communication used in public relations?
1. Press releases
2. News releases
3. Press Conferences
4 Commercials

Answers

Answer: Commercials

Explanation: can i have brainest

Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?

Answers

L

Answer:

yes, pursuant to UCC, Section 2-201

Explanation:

Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.

In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.

An oral contract won't suffice In this case.

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The bank purchased a desk for a new employee. What type of cost is the purchase of a new desk?
A. Fixed Cost
B. Variable Cost​

Answers

Answer:fixed

Explanation:

Fixed expenses might include: Lease or a mortgage. Other capital expenses, like the cost of buying business assets - equipment, vehicles, furniture.

The answer above me is right

How is the Scheduling Assistant useful in creating a shared meeting request? Check all that apply.

shows free/busy information for recipients inside the organization
shows free/busy information for recipients outside the organization
helps you to choose a meeting time that is best for everyone
identifies requested room availability
will make reminder phone calls to meeting attendees

Answers

Answer: a, c and d

Explanation:

i just took it ab=nd got it right on edge2021

When a formula is cut and pasted or moved without copying, what will Excel do by default?

Answers

Answer:

Excel will automatically change the cell address to reflect the destination location.

Explanation:

Reason being that if you cut and paste it in another cell, the worksheet formular will be unchanged

Answer:

A.) Excel will maintain references to the same cells used in the original formula.

Explanation:

I just got this answer on edg!

Hope this helps have a good day. :)

why did the dove commercial featured in the video receive top honors from the One Club

PLEASE ANSWER*

Answers

Answer:

Dove commercial featured in the video receive top honors from the One Club because it attempts to broaden the idea of beauty.

Explanation:

Answer:Dove commercial featured in the video receive top honors from the One Club because it attempts to broaden the idea of beauty.

Explanation:

After getting her degree in marketing and working for 5 years for a large department store, Sally started her own specialty shop in a regional mall. Sally's current lease calls for payments of $1,000 at the end of each month for the next 60 months. Now the landlord offers Sally a new 5-year lease that calls for zero rent for 6 months, then rental payments of $1,050 at the end of each month for the next 54 months. Sally's cost of capital is 11 percent. By what absolute dollar amount would accepting the new lease change Sally's theoretical net worth?

Answers

Answer:

$3,751.90

Explanation:

we must find the present value of both alternatives

alternative 1, keep paying $1,000 per month for 60 months

present value = monthly payment x PV annuity factor

monthly payment = $1,000

PV annuity factor = [1 - 1/(1 + 0.9167%)⁶⁰ ] / 0.9167% = 45.9136

present value = $1,000 x 45.91361 = $45,991.36

alternative 2, pau $1,050 per month for 54 months starting after 6 months

monthly payment = $1,050

PV annuity factor = [1 - 1/(1 + 0.9167%)⁵⁴ ] / 0.9167% = 42.4406

present value in 6 months = $1,050 x 42.4406 = $44,562.63

present value today = $44,562.63 / 1.055 = $42,239.46

Sally's net worth increases by $45,991.36 - $42,239.46 = $3,751.90

As a future entrepreneur, Brooke considered a variety of financing sources. Her discussions with a venture capitalist revealed that this type of investor expects to receive a large ownership interest in her firm.

Answers

Answer:

Equity Capital

Explanation:

Equity Capital provides the largest source of finance for most businesses. However the downside of this source of finance is that investors require an ownership in the firm being invested. Therefore, Brooke is dealing with Equity Capital.

How is it best to get rid of information you receive in the mail?
A Tear the mail in half and place each half in a different trash bag

B Just throw it way, thieves don't dig through trash

C Use a shredder before placing it in the trash

D Mark out all personal information with a marker

Answers

C is the correct answer.
The answer would be C. Using a shredder makes it harder for thieves to understand the information.

1 Carlos owns a private limited company called BettaBakers Limited. It produces

a variety of cakes which are sold in local shops. The method of production

used by BettaBakers is batch production. Carlos says 'I have been told that lean

production techniques in the bakery would help me to increase profits'.

a) What is meant by 'lean production'?

b) Identify two ways lean production might be achieved.

c) Identify and explain two ways, other than lean production, Carlos could

use to increase productivity.

d) Identify and explain two advantages to Carlos of using batch production.

e) Do you think Carlos should change his production methods to flow

production in the bakery? Justify your answer.

Answers

Answer:

Explanation:

A) Lean production basically focuses on using all of the waste that a company produces in all of its processes so that no actual resources are left unused.

B) In this scenario, this can be achieved by using all of the excess baking mixtures and combining them into extra products as well as recycling used containers.

C) Carlos could either lower costs by using cheaper materials or hire more employees.

D) Batch production allows Carlos to produce large quantities of his products at a much faster and therefore more efficient pace. This also increases profits as they have more supply to match the demand.

E) This depends on whether or not Carlos has sufficient demand for his products. Otherwise, he would waste large amounts of money on implementing a flow production method and then not have enough demand to sell all of his products, which will therefore cost him even more money in losses.

Why can you win a presidential election without winning the most individual votes?

Answers

Answer:

Because of Electoral College system

Explanation:

Answer:

You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.

Explanation:

(hope this helps :P)

(Zaxbys)
select all the salads that are made with regular zalad base x (check all that apply).
Answer choices:fried caesar, buffalo blue, grilled caesar, blackened blue, grilled house, grilled cobb, fried house, fried cobb ​

Answers

Answer:

Fried Caesar, grilled Caesar, Buffalo blue, fried cobb

Explanation:

Salads are made with various vegetables and meat base. The regular salad is green salad which is most commonly used. There are many benefits of having salad with meal. Many people do not like vegetables so they add little meat with salad to consume it. Most regular salad base are fried Caesar and fried cobb.

There are __ in every economy that are used to produce the goods and services that people want and need
-limited resources
-unlimited resources
-unlimited wants and needs

Answers

Answer:
limited resources

Answer:

There are Limited resources in every economy that are used to produce the goods and services that people want and need.

Explanation:

Edge 2021-2022

Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.

Answers

Answer:

truce

Explanation:

Here is the full question :

Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But

we've just made a _____with each other that will help us from feeling jealous if one of us

wins and one loses. We've decided that if one of us wins that person will share the prize money

with the other one.

Which word BEST completes the sentence?

truce

alliance

treaty

pact

A truce is an agreement between people to stop fighting for a limited.

Sol and his best friend made an agreement that would stop them from fighting

A pact is an agreement between people

Answer:

Truce (that the correct one).

Explanation:

Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned

Answers

Assets - cash, prepaid insurance, supplies, anything owned

Liability - steward supply company, any amount owed,

Owners equity - Alice Jones, owners capital account
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