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In the context of customer service in social media,being helpful is a very powerful mechanism for a company to engender trust and loyalty within a customer base.
Fixed Costs
Costs that remain constant regardless of the volume of goods or services produced by a business.
Net Income
The total profit of a company after operating expenses, taxes, and all other incomes and expenses have been deducted from total revenue.
Variable Costs
Costs that change in proportion with the level of production or sales volume, such as materials and labor.
Fixed Costs
Expenses that do not change with the level of production or sales in the short term, such as rent, salaries, and equipment leases.
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