Once a Service Provider Has Translated Customer Expectations into Behaviors

question 14

Essay

Once a service provider has translated customer expectations into behaviors and actions,it must select those behaviors and actions that will be used to create employee standards.What are the six most important criteria for the creation of those standards?

Grasp the conditions under which a firm maximizes its profits or minimizes losses.

Define and distinguish between short-run and long-run operational decisions in perfect competition.

Identify the breakeven and shutdown points of a firm's operation.

Understand the relationship between total revenue, total profit, and output levels.

---

Definitions:

Constitution

The fundamental principles or established precedents according to which a state or other organization is governed.

Democracy

A form of government in which the highest power in the state is invested in the people and exercised directly by them or, as is generally the case in modern democracies, by their elected officials.

Legitimate Government

A government that is recognized as the rightful authority, often based on its adherence to laws, norms, and the consent of the governed.

Libertarianism

A political philosophy that emphasizes freedom, autonomy, and voluntary association, with a significant focus on individual rights and minimal government intervention.