1. Who are the customers?
2. What does it take to satisfy them?
Both the customer and the consumer seem to be similar in appearance, but both have fundamental differences.The end user of goods and services is called a consumer. Whereas the buyer of an item which is the relation of goods and services to buy from the seller even if he (customer) may or may not be the ultimate consumer of that item and service.
Endosers are also the customers of a company because they pass on the information of the company to the people.
These customers can be complainers, that is, if there is no improvement in service and goods quality of your company, then they would complain.
Setting customers is the prime responsibility of the company, which is the key to the future of the company. If the company does not meet the customer complaints and their demand in a manner, then the credibility of the company declines. Due to which the company may also have to face losses. If a complaint is made by the customer, then his time should be settled and on the basis of that complaint, efforts are also made to improve his system. Through which the company is able to provide good quality to the customer. Also, if any information is sought by the customers, then the company should also make it available to the customer.
Therefore, it is not only the responsibility of the company or firm to satisfy consumers. Rather, it plays an important role in preserving the future and credibility of his company.
Problem: there are 2 kinds of customers, some who buy cycles and others who buy motor bikes. based on past data, its found that 20% of customers buy cycles. of the customers who buy cycles, 75% take a loan and rest pay in cash. those who buy motor bikes, only 20% of them take a loan. 1) what is probability that a randomly selected customer with pay with credit and a randomly selected customer will pay with cash. can u...
there are six component: offer superior value, attract customers, satisfy customers, retain customers, and build profitable customer relationships. which one is the most important to consumers and why? which one is the most important to market why? what are the example of each (the two components you chose)?
4. Consider an M/M/1 queueing system with total capacity N 2. Suppose that customers arrive at the rate of λ per hour and are served at a rate of 5 per hour. (a) What should be so that an arriving customer has a 50% chance of joining the queue? (b) With A chosen to satisfy part (a), what percentage of customers who enter the system get served immediately? (a)12.9 customers hour (b)0.38 Stochastic process
An internet service provider (ISP) sampled 450 customers and found that 86 of them experienced an interruption in their service the previous month. (a) Construct a 95% confidence interval for the proportion of customers who experience an outage. (b) A quality assurance technician claims that no more than 16% of its customers experience an outage. Does your confidence interval support this claim?
An airline wants to survey its customers to ask them: "Do you approve of limiting the number of carry-on bags to a maximum of one bag?" Airline managers expect that only about 25% will say "yes." Based on this assumption, what size sample should the airline take if it wants to develop a 95% confidence interval estimate for the population proportion who will say "yes" with a margin of error of 4%? 601 451 10 93 115
Do you take the free samples offered in supermarkets? About 62% of all customers will take free samples. Furthermore, of those who take the free samples, about 35% will buy what they have sampled. Suppose you set up a counter in a supermarket offering free samples of a new product. The day you were offering free samples, 313 customers passed by your counter. (Round your answers to four decimal places.) (a) What is the probability that more than 180 will...
1. What is degrees of freedom? 2. A researcher wants to know if students who take foreign language classes have higher IQs than the general population. The average population IQ is 100. The IQ scores for 5 students in a foreign language class are as follows 120, 98, 116, 100, 100. Compute t.
What are project controls, who defines them, who approves them, how are they used, and when are they used?
1.What does your body generally do with excess water soluble vitamins? 2.What does your body generally do with excess fat soluble vitamins? 3,When it comes to vitamins, are more always better? Explain. 4. Who might benefit from vitamin supplements? (Highlight 10) 5. Who should not take vitamin supplements? (Highlight 10)
1. The potential distribution in free space is given by (a) Does V satisfy Laplace's equation? (b) Determine the total charge in region 0<x <3,0< y <2,0<z<1.