Customer Excellence Focuses On

question 85

Multiple Choice

Customer excellence focuses on:

• A)having a good physical location and Internet presence.
• B)carrying out effective branding and positioning.
• C)having products with high perceived value.
• D)retaining loyal buyers and excellent service.
• E)maintaining efficient operations and an excellent supply chain.

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Definitions:

Goods Sold Budget

An estimate of how much revenue a company expects to generate from the sale of goods over a specific period.

Labour Budget

An estimation of the total cost of labor needed to meet production goals, often part of a company's overall budgeting process.

Selling and Administrative

Expenses associated with the general operations of a business, including costs related to sales, marketing, and the management of the company.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as materials and labor.