ABC Co. produces only gadgets, and XYZ Co. produces both gadgets and widgets. If ABC Co. produces gadgets at the same average total cost as XYZ Co., economies of:scope are present in ABC.scale are present in ABC.scale are not present in XYZ.scope are not present in XYZ.

Respuesta :

It takes more than just conducting a customer satisfaction survey to develop a customer satisfaction program. Survey results highlight where attention is needed, but in many ways, this is the simple part.

Major, long-lasting changes may need a fundamental change in the business, which may involve personnel training or a shift in the company's culture. Less customer attrition, more market share, premium pricing, stronger brands and reputations, and contented employees should all lead to financial gain. There is a cost associated with these advancements, though. The survey for market research will cost money. It will take time to develop an action plan. To enhance customer service, training could be necessary.

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