Accounting II Essay Example | Topics and Well Written Essays - 250 words

Accounting II - canvas ExampleDue to the intense global competition incidentors other than price have become to a greater extent important over the years. In order to retain node companies have to provide excellent customer service and good product variety. If an important client requests a customized service or product and the corporation has the capabilities to comply, the firm must accommodate the customer to achieve customer retention. The stakeholders of corporations care more about the way of businesses. Corporate social responsibility has become a key strategic focus that is necessary to purify customer retention. At end of the 1990s Nike Corporation lost a lot of clients due to the fact that they were involved in a sweetshop scheme oversees. Bad publicity and irresponsible acts such as the particular at Nike a decade ago are the types of incidents that can destroy the brand value of an enterprise. other way to increase customer retention is to design products and serv ices that provide greater value at a competitive price