Business, 01.04.2021 16:20, cratsley321
Cross-selling is a major activity at financial institutions. One regional bank classifies its 100,000 individual customers into 4 groups: basic services (checking, savings accounts), lending (mortgages, loans), investment (mutual funds, bonds), and financial planning (retirement, trusts, comprehensive financial planning). Customers in each of the four categories generate net (of servicing costs) revenue of $100, $200, $300, and $1,000 per year respectively. Currently, the mix of customers is 70%, 10%, 15%, and 5% in the four types. Retention rates are 90% across the board. Retention costs (note: these are different from servicing costs) per account are $80, $120, $150, and $200 respectively per year. In order to improve performance, three major strategies are under consideration. a.Increase net revenue per customer by 10% across the boardb. Change the customer mix to 60%, 15%, 18%, and 7%c. Increase retention in one of the groups to 95%1) What is the CLV in each of the current customer categories
Answers: 1
Business, 21.06.2019 22:20, kyla1220
Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans
Answers: 1
Business, 22.06.2019 07:50, pattydixon6
The questions of economics address which of the following ? check all that apply
Answers: 3
Business, 22.06.2019 19:10, crzyemo865
Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.
Answers: 3
Business, 22.06.2019 20:00, dlatricewilcoxp0tsdw
Which of the following statements is true of the balanced-scorecard? a. it is a more or less a one-dimensional metric of measuring competitive advantages of a firm. b. it is one of the traditional approaches of measuring firm performance. c. its primary focus is to base a firm's strategic goals entirely on external performance dimensions. d. it attempts to provide a holistic perspective on firm performance.
Answers: 1
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