. Which of the following is probably not a way employees contribute to net incom
ID: 453840 • Letter: #
Question
. Which of the following is probably not a way employees contribute to net income?
A) Customers' experience with employees determines their likelihood of returning
B) Employees buy the assets that form the denominator in the ROA calculation
C) Employees solve problems which can result in cost reduction
D) Employees make decisions which affect costs and value
A commonly used measure of facility productivity used by retailers is
A) Annual lease cost divided by gross sales revenues
B) Daily customer number count divided by daily facility cost
C) Daily sales divided by daily customer count
D) Sales per square meter
Which of the following statements does not describe “Value?”
A) Value is the ratio of benefits to cost.
B) A business's goal is to create value for its customers in such a way as to also end up with value added that is greater than its cost.
C) Consumers judge value based on the specific product or service performance.
Explanation / Answer
Which of the following is probably not a way employees contribute to net income?
A) Customers' experience with employees determines their likelihood of returning.
Activities in interest of organization which creates finacial as well as monetary values can be considered as vlaue addition activities. customer experience can create brand image or goodwill for company . it can not be consdired as finacial contribution activity. so ans is (a)
A commonly used measure of facility productivity used by retailers is
C) Daily sales divided by daily customer count.
Retailor can use sales per sqaure for determining inventory or stock but determine productivity , he or she can analyze sales volume per day or per year or output devided by no of potential customers or no of customer who approch or inquire about products so ans is ( C )
Which of the following statements does not describe “Value?”
A) Value is the ratio of benefits to cost.
benefit to cost is ratio or fiancial term to determine relationship between cost and benefits of project. Projects which benefit-cost ratio greater than 1 will have high benefits than costs. so it is not vlaue indicator so ans is (A)
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