AVX Home Entertainment Incorporated recently began a “no-hassles” return policy. A sample of 540 customers who recently returned items showed 330 thought the policy was fair, 180 thought it took too long to complete the transaction, and the rest had no opinion. On the basis of this information, make an inference about customer reaction to the new policy. (Round your answers to 1 decimal place.)

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter14: The Balanced Scorecard And Corporate Social Responsibility
Section: Chapter Questions
Problem 1BE: 72 Inc. has developed a balanced scorecard with the following performance metrics: Total sales...
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AVX Home Entertainment Incorporated recently began a “no-hassles” return policy. A sample of 540 customers who recently returned items showed 330 thought the policy was fair, 180 thought it took too long to complete the transaction, and the rest had no opinion. On the basis of this information, make an inference about customer reaction to the new policy. (Round your answers to 1 decimal place.)

 

 

Customer Reaction
Percent
Fair
%
Too long
No opinion
%
The above data suggest that majority of the customers
Transcribed Image Text:Customer Reaction Percent Fair % Too long No opinion % The above data suggest that majority of the customers
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