The management of Keiko has learned that the company risks losing a long-time customer, LZT, to a competitor. How can Keiko make it more difficult for LZT to switch to another customer?

What will be an ideal response?

Student answers will vary. Keiko can supply LZT with special equipment or computer links that help them manage orders, payroll, and inventory. Customers are less inclined to switch to another supplier when it means high capital costs, high search costs, or the loss of loyal-customer discounts.

Business

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Discuss Enterprise Resource Planning systems, and contrast these to data warehouses

What will be an ideal response?

Business

The IFRS element income relates to which U.S. GAAP element?

A) comprehensive income B) capital maintenance C) revenues and expenses D) revenues and gains

Business