How much time must be saved to justify a lock-box system that processes 350 cheques per day at an average amount of $400 per cheque if the system will cost $20,000 annually and interest rates average 8 percent?

A) 2.14 days
B) 1.79 days
C) 7.00 days
D) 0.56 days

Ans: B) 1.79 days

Business

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The ________ is the crucial moment between the service provider and the customer that exemplifies, enhances, or detracts from the customer's expectations

Fill in the blanks with correct word

Business

The ability of Honda to use its fuel-efficient and reliable engines in automobiles, motorcycles, and power generators is an example of

A) contributing to superior customer value. B) creating a product that is difficult for competitors to imitate. C) developing an innovation that can be used in a number of ways. D) simulating an effective system developed by a competitor. E) making a product with a low amount of financial capital.

Business