subject
Business, 28.11.2019 20:31 sweetbri7p5v6tn

Nicole has been wanting to open her own business for many years. after much saving and a loan from the bank, she was able to open up her own store. this store features upscale jewelry, footwear, and clothing for professional women. she uses a premium pricing strategy to demonstrate the quality of her products. as time passed, she adopted other product lines including luggage and beauty products. nicole has developed strong relationships with suppliers so that new orders come relatively quickly. nicole distinguishes herself from the competition with the high level of service at her store. her workers are trained to greet customers within fifteen seconds of them entering the store. she also gives her employees permission to take whatever time needed to make sure that customer needs are met. based upon the information about nicole's store, what type of store do you think it is?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:10
All else being equal, which is true about a firm with high operating leverage relative to a firm with low operating leverage? select one: a. a higher percentage of the high operating leverage firm's costs are fixed. b. the high operating leverage firm is exposed to less risk. c. the debt payments limit the high operating leverage firm's opportunities to turn a big profit. d. the high operating leverage firm has more debt.
Answers: 2
question
Business, 21.06.2019 19:20
The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answers: 2
question
Business, 22.06.2019 03:30
Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?
Answers: 2
question
Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
You know the right answer?
Nicole has been wanting to open her own business for many years. after much saving and a loan from t...
Questions
question
Social Studies, 05.05.2021 19:20
question
Chemistry, 05.05.2021 19:20
Questions on the website: 13722363