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Blizzard [7]
2 years ago
15

The Southside Sweetery has a loyal following. When it recently moved from its longtime storefront to a famous resort area, it to

ok a big risk. However, the owners were confident that its unique candies, cookies, and pastries would win customer raves. Fortunately, one of the members of the family business was convinced the sweet shop needed to stay in touch with its customers. Southside collects names and email addresses of its customers and maintains a presence on a few social media sites in order to send messages about promotions and coupons to valued customers. Marketing professionals refer to this strategy as
Business
1 answer:
Mrac [35]2 years ago
7 0

Answer:

c) Customer relationship management.

Explanation:

Customer relationship management is the act of maintaining and curating a good relationship with the client. This branch of management focuses on customer retention rather than customer acquisition. Customer relationship managers make sure that customers stay with the company after they become acquired.

In this example, the sweetery made an effort to maintain the relationship with their loyal customers - sending them coupons via social media.

You might be interested in
Assume India can produce either 15 bottles of milk or 50 cartons of eggs using all of its available resources, and Indonesia can
diamong [38]

Answer:

50 cartons of eggs

Explanation:

The comparative advantage is a principle in which a country specializes in the production a good in which it has a lower opportunity cost than others.

                 Bottles of milk     cartons of eggs

India                  15                              50

Indonesia          25                             35

In this situation, the opportunity cost for India of producing 1 bottle of milk is producing 3.33 cartons of eggs. The opportunity cost for Indonesia of producing 1 bottle of milk is producing 1.4 cartons of eggs. This means that Indonesia has a lower opportunity cost and a comparative advantage in producing bottles of milk.

In the other part, the opportunity cost for India of producing 1 carton of eggs is producing 0.3 bottles of milk and the opportunity cost for Indonesia of producing 1 carton of eggs is producing 0.71 bottles of milk. This means that India has a lower opportunity cost and a comparative advantage in producing cartons of eggs.

According to this, India would specialize in producing eggs as it has a comparative advantage and the country will produce 50 cartons of eggs.

5 0
2 years ago
Recruiting __________ is sometimes viewed as unethical.
zhuklara [117]

Answer:

b

Explanation:

4 0
2 years ago
Protec Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is
taurus [48]

Answer:

The correct answer is 8.23%.

Explanation:

According to the scenario, the computation can be done as:

WACC of debt = Respective costs of debt× Respective weight of debt

= (0.4 × 5)

= 2

WACC of preferred = Respective costs of preferred × Respective weight of preferred

= (0.15 × 7)

= 1.05

WACC of common equity = Respective costs of common equity × Respective weight of retained earning

= (0.45 × 11.5)

= 5.175

So, Total WACC = WACC of debt + WACC of preferred + WACC of common equity

= 2 + 1.05 + 5.175

= 8.225 or 8.23 (approx.)

3 0
2 years ago
What are some industries in which products have proliferated and life cycles have shortened? How have the supply chains in these
Llana [10]

Answer:

The Electronics, beverages, fast-food, and automobile industry are some sectors that have witness proliferation of products and the shortening of product life-cycle.

Supply chain in these industries have seen their processes change overtime and presently more focus on service, and the ability to quickly react and continuously meet the requirements of customers. They have also leverage on information technology and globalisation in extending their supply chain beyond national and regional boundaries with some companies in these industries having aspects of their processes in different country.  

7 0
2 years ago
Demski Company pays its employees on the 1st and 15th of each month. It is March 31 and Demski is preparing financial statements
Elden [556K]

Answer:

Explanation:

In the given transaction, it would impact the income statement and the balance sheet in the increment manner

That means The income statement would increase by $96,000 as it reflect the wages expense in the debit side of the income statement

And, the balance sheet would increase by $96,000 as it reflect the wages payable in the credit side of the balance statement under the current liabilities side of the balance sheet

6 0
2 years ago
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