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Natali5045456 [20]
2 years ago
10

Betty's Blossoms Nursery's social media presence has taken the company a step in the right direction toward building relationshi

ps with its customers. Betty posts her weekly recommendations to followers and even provides supplier sources for all kinds of rare and hard to find plants and shrubs. Customers provide other customers with reviews and comments about various plants they purchased through Betty's Blossoms and can message Betty's team with any questions or comments. As an extension of customer relationship management, this company is practicing
A. production management (PM).
B. processing customer relationships (PCR).
C. customer-management relationship (CMR).
D. psychological-managed relationship (PMR).
Business
2 answers:
lisabon 2012 [21]2 years ago
6 0

Answer:

C) customer-management relationship (CMR).

Explanation:

Customer managed relationship (CMR) is an evolution of customer relationship management (CRM), it is like the next step. The company (Betty's Blossoms Nursery) will use software and other internet resources (specially social media) to engage customers into taking action and managing their relationship with the company. CMR focuses on social media and their relationship with their customers, and encourages customers to actively participate in their activities.

valentina_108 [34]2 years ago
4 0

Answer:

The answer to this question is option C. customer-management relationship (CMR).

Explanation:

Based on the explanation above, the company is practicing customer management relationship    

Hence the answer is C. customer-management relationship (CMR).

You might be interested in
DogMart Company records depreciation for equipment. Depreciation for the period ending December 31 is $1,400 for office equipmen
emmainna [20.7K]

Answer:

December 31 (office equipment depreciation expense)

  • Dr Depreciation Expense - office equipment 1,400
  • Cr Accumulated Depreciation - office  equipment  1,400

Dec. 31 (production equipment depreciation expense)

  • Dr Depreciation Expense - production equipment 2,650
  • Cr Accumulated Depreciation - production  equipment   2,650

Explanation:

Since depreciation is an expense and it increases, it should be debited.

Since accumulated depreciation is a contra asset account and it increases, it should be credited.

8 0
1 year ago
The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750 Balance per
stiv31 [10]

Answer:

Adjusted balance per bank reconciliation $ 24,295

Explanation:

Computation of adjusted balance per bank reconciliation

Balance per bank statement                                                   $ 25,750

Add: Deposits in transit                                                           $   2,300

Less: Outstanding checks                                                       <u>$ (  3,755)</u>

Adjusted balance per bank statement                                   $ 24,295

Balance per cash book                                                            $ 19,140

Less: Bank Service Charges                                                    $ (     45)

Add: Note collected by bank                                                  <u> $ 5,200</u>

Adjusted balance per cash book                                            $ 24,295

The deposits in transit and the outstanding checks have not been incorporated in the bank statement so adjusted  to the bank statement balance

The bank service charges and the direct collection by the bank of the note receivable have not been incorporated in the cash book hence adjusted.

6 0
2 years ago
In addition to the new designer, Burberry also stepped up its involvement in social media, relationships with style magazines an
AlekseyPX

Letter D is correct! Increasing customer retention and reducing customer churn.

Relationship marketing is a set of actions that a company uses to strengthen its relationship with the customer, in order to retain and retain them. The addition of Burberry has increased its involvement in social media with the goal of staying closer to its customers and offering benefits such as collaboration with a famous actress. This strategy strengthens the customer-brand relationship by translating the brand's interest in meeting its customer's needs and wants and thus strengthening brand recognition in the marketplace.

7 0
2 years ago
A company pays $40,000 in cash and stock to acquire 65% of the voting stock of another company. The fair value of the 35% noncon
steposvetlana [31]

Answer:

c. $33,000

Explanation:

The computation of the total amount of goodwill recognized is shown below:

Goodwill = Consideration paid + Fair value of non controlling interests - Fair value of net identifiable assets

where,

Fair value of net identifiable assets = Book value of acquired company - Overvalued plant assets + Unreported identifiable intangible assets

= $25,000 - $6,000 + $10,000

= $29,000

So, the goodwill amount is

= $40,000 + $22,000 - $29,000

= $33,000

4 0
2 years ago
The Reid Co. acquired a piece of land for a new factory paying $100,000. Reid demolished the old building at a cost of $20,000,
Julli [10]

Answer:

A$118,000 B.$333,000

Explanation

Land$100,000

Demolition20,000

Scrap value(5,000)

Title insurance1,000

Paving assessment2,000

Total land cost($118,000)

B. The cost of the building recorde

d by Reid

Archirectfees$25,000

Construction interest8,000

Building cost300,000

Total building cost. $333,000

3 0
2 years ago
Read 2 more answers
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