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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.

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Businesses often use the money saved by controlling expenses to increase sales through
ElenaW [278]

Answer:

budgeting

Explanation:

i need more context for it

8 0
2 years ago
Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in t
Elza [17]

The answer is marginal revenue (MR) curve above $22.

Explanation:

Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.

Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.

Economic profit = account profit = Opportunity profit

Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.

3 0
2 years ago
Henry Co. manufactures DVD players. At the end of Year 1, Henry's management believes the growing popularity of streaming video
zysi [14]

Answer:

Not impaired because the fair value of the equipment is greater than the carrying value of the asset by $120,000.

Explanation:

Impairment will happen if carrying amount is greater than the fair value of the assets, here the carrying value of the assets is 1,480,000, which is lessor than the fair value of the assets 1,600,000 by 120,000. Hence impairment will not happen so 1st option is correct.

6 0
2 years ago
Read 2 more answers
An American-style call option with six months to maturity has a strike price of $35. The underlying stock now sells for $43. The
Travka [436]

Answer:

a) $8

b) $4

c) Decrease

Explanation:

Background.

A call option as you probably know, is an agreement to buy an asset on or before a particular day at a price already determined in the agreement.

a) the Intrinsic value of the option is the market price minus the strike price.

Intrinsic Value = Market Price - Strike price

= $43 - $35

= $8 per share.

It is worthy of note that for an option, of the intrinsic value dips into negative figures it is just said to be 0.

b) To calculate the time value, we subtract the intrinsic value from the call premium

= Call Premium - Intrinsic value

= $12 - $8

= $4

c) The call option has 6 months to maturity and the dividends are to come in 3 months. Share prices usually drop after a dividend has been paid so because the call option matures in 6 months, the price of the call option will DECREASE owing to the Expected drop in stock price.

8 0
1 year ago
​Signal Sets Company contracts to deliver one hundred 52-inch plasma high-definition television sets to a new retail customer, T
ehidna [41]

Answer:

The answer is: Signal will not succeed on their claims.

Explanation:

In order for acceptance of a product to be valid, the buyer must accept the products after inspection and give formal acceptance, or fail to reject the products after a reasonable time for inspection. Only after the products are accepted does the buyer lose any rights to revoke acceptance.

In this case, Turner accepted the TVs based on Signal's promise that they were in perfect condition, but after inspection, Turner can revoke that acceptance do to damages on the products.

Both companies agreed that the payment should be done upon delivery, but there was no specific payment method. Turner tried to pay with a check that Signal rejected. Signal cannot demand a cash payment because a check is a valid payment.  

3 0
2 years ago
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