ll of the following are economic benefits of maintaining relationships with current customers EXCEPT: a. happy customers refer friends and colleagues. b. new customers increase profits more than current customers. c. order-processing cost are less for returning customers. d. long-time customers spend more money than new customers.

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Answer 1

It costs more selling to new customers than old customers, therefore economic benefits of maintaining relationships with current customers will include all of the listed options EXCEPT: b. new customers increase profits more than current customers.

Customer relationship management is very key in every business as it is one very important strategy to customer retention.

When a good relationship is created and maintained with current customers, economic benefits that such business will get could include:

Satisfied customers can refer their friends and colleaguesIt saves cost when a returning customer is making new orders.Satisfied customers who have a good relationship with the business will be more willing to spend more than new customers who are still having trust issues.

Thus, it costs more selling to new customers than old customers, therefore economic benefits of maintaining relationships with current customers will include all of the listed options EXCEPT: b. new customers increase profits more than current customers.

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Related Questions

Under ________, the market consists of a few large sellers who are highly sensitive to each other's pricing and marketing strategies.

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Answer:

oligopolistic competition

Free 50 Pts
Is it Legal if i use a M18 Claymore Mine While Hunting?

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Answer:

no there would be not evidence that u killed something because that evaporate the animal

Explanation:

As the economy weakens, one would expect investment in ____________ funds to increase and investment in _____________ funds to decrease, all else held constant.

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As the economy weakens, it would be expected that investment in money market mutual funds to increase while that in equity fund to decrease.

Whenever ever the economy weakens, people tends to invest in money market mutual funds since it is still considered as safe investment compare with equity fund.

In money market mutual funds, loans usually due within a very short period of time like 90 days.

Therefore, correct terms are  money market mutual; equity.

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The _______________ Act of 1764 was an attempt to increase taxes by lowering the rate and increasing consumption.

Answers

The answer is the sugar act.

_____ voting allows a majority shareholder to elect the entire board of directors. Cumulative Straight Ranked Preference

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the answer is straight.

An Insurance aging report can be printed in ______ format, listing all companies alphabetically

Answers

[tex]\huge\bold{\purple{\bold{⚡Landscape⚡}}} [/tex]

Answer:

An Insurance aging report can be printed in landscape format, listing all companies alphabetically

Explanation:

Print - Select this option to print the Insurance Aging report. NOTE: This report should be printed in a landscape format instead of a portrait format.

Which of the following statements shows how a personal experience can
serve as the topic of an informative address?
O A. Gina watched a news story about a local athlete providing free
lessons to kids in her neighborhood and wants to sign up.
B. Gina participated in a charity bike ride and wants to teach her
audience about the impacts the organization has on her
community.
C. Gina loves to cook and wants to research other cuisines and try
new recipes to teach her audience.
O D. Gina read about a famous writer and wants to do more research
on his life and work.

Answers

O is the right answer for your question

Answer:

It's B

Explanation:

I took the test

rue or False: Colin's coffee company made a licensing deal with Folger's brand coffee. This is an example of a strategic alliance.

Answers

Answer: True

Explanation: It was a strategic alliance

Finn Company projects cost of goods sold to be $150,000 in October and $200,000 in November. Finn maintains an ending inventory equal to 15% of the next month's projected cost of goods sold. Calculate Finn's desired ending inventory for October.

Answers

Finn's desired ending inventory is  $30,000.

Ending inventory is the inventory that a company has at the end of an accounting period that has not been sold.

Ending inventory = beginning inventory + goods bought during the period - cost of goods sold.

Finn's desired ending inventory = percentage x projected cost of goods sold in November

15% x $200,000

= 0.15 x $200,000 = $30,000

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Most economists believe that classical macroeconomic theory is a good description of the economy Select one: a. in the short run and in the long run. b. in neither the short nor long run. c. in the long run, but not in the short run. d. in the short run, but not in the long run.

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The classical microeconomics theory is a common theory in economics that often centers around the market. Most economists believe that classical macroeconomic theory is a good description of the world  in the long run, but not in the short run

In Classical microeconomic theory , Adam Smith talked about the invisible hand of the market.  He explained the reason and when people act out of self-interest, markets often provide goods and services that are demanded by the population.  

The key principle of the classical theory is that the economy is simply known to be self‐regulating. It state that the economy is always at or near the natural level of real GDP.

The theory was created by Adam Smith and later on economists, such as David Ricardo.

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According to the text, all of the following are considered key supply chain business processes EXCEPT: a. Knowledge management process b. Manufacturing flow management process c. Product development and commercialization d. Supplier relationship management process

Answers

Based on the text, the factor which is not considered a key supply chain in business processes is:

A) Knowledge management process

According to the given question, we are asked to state the factor which is not considered a key supply chain in business processes and how it affects the flow of business.

As a result of this, we can see that in a supply chain, there are various factors which helps the business to flow properly such as the product development and commercialization, supplier relationship management process, and many more which keeps the business flowing properly.

Therefore, the correct answer is option A

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Isolation, a lack of job security, work overload, harassment, and bullying are all examples of factors that can lead to ________. A. age discrimination B. the Hawthorne effect C. job satisfaction D. job stress

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Isolation, a lack of job security, work overload, harassment, and bullying are all examples of factors that can lead to job stress.

Stress can begin to manifest due to accumulation of build up of stress hormones in the body.

Job stress occur when a person is emotional or physical drained due to some life events or life experiences such as:

Too much work loadFear of being layoff from work Feeling isolated etc

Due to this such person may begins to feel stressed by always having constant headaches or feeling tired.

Therefore based on the information given solation, a lack of job security, work overload, harassment, and bullying are all examples of factors that can lead to Job stress.

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When using financial ratios to analyze companies, it is important to take into consideration ______. (Check all that apply.)

Answers

It is important to take into consideration the different accounting methods used (US GAAP or IFRS) when using financial ratios to analyze companies,

Financial ratio refers to comparison of two numerical values taken from an company's financial statements.

The Financial ratio are used to evaluate the overall financial condition of a firm or organization.

The GAAP means generally accepted accounting principles and tends to be more rules-based while IFRS means International Financial Reporting Standards and tends to be more principles-based.

The use of either GAAP and IFRS can affect the accuracy of the financial ratio

Therefore,  It is important to take into consideration the different accounting methods used (US GAAP or IFRS) when using financial ratios to analyze companies,

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When a company issues of shares of $0.10 par value common stock for $10 per share, it will record a

Answers

The company will record a credit to Additional Paid-in Capital for $9.90 ($10 - $0.10) multiplied by the number of shares issued.

The other credit entry goes to the Common Stock account for $0.10 multiplied by the number of shares issued.

The debit entry goes to the Cash account for $10 multiplied by the number of shares issued.

Thus, the company will record a credit to Additional Paid-in Capital and Common Stock and a debit to the Cash account.

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____ provides an opportunity to gain new information, consider alternatives, develop better solutions to problems, enhance team building, and learn.

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The answer to the blank question is CONFLICT.

If the economy is above long-run equilibrium output, what will happen in the long run if SRAS adjusts

Answers

Answer:

Prices rise and output decreases.

A grocery store or mass-merchandiser might rely on a _____ to decide which paperback books or magazines it sells.

Answers

Answer:

A grocery store or mass-merchandiser might rely on a rack jobber to decide which paperback books or magazines it sells.

If the multiplier is 4 and investment spending falls by $100 billion, the change in real GDP will be:

Answers

Answer:

Supply Chain Delays Disrupt California Agriculture Exports

Explanation:

Supply Chain Delays Disrupt California Agriculture Exports: Amid an historic drought posing threats to future harvests, California farmers now say they have no way to export the crops they do have because of a kink in the global supply chain that has left container ships lined up off the Southern California coast with nowhere to deliver their goods. #accelerationism

Ian works in the IT department at Pleasant Valley Health Partners. He feels encouraged to find his own solutions to problems, and to implement those solutions when practical. The programmers and data analysts work with little supervision because management feels they are committed and creative workers. This policy reflects a __________ attitude about workers.

Answers

Ian's attitude to work reflects a theory Y attitude about workers because he is said to be motivated and can solve problems.

Theory Y workers are those workers that are known to be highly motivated. Such workers are creative as well as proactive and are always willing to solve problems.

The Theory Y is a sharp contrast to workers that fall under theory X because these ones hate to work and lack motivation.

Both of these theories were developed by Douglas McGregor.

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Quattro Lending Company is considering lending a large sum to Eleance Inc. During its decision process, Quattro should especially consider Eleance's existing:

Answers

Answer: long-term liabilities

Explanation:

According to liquidity preference theory, if the price level decreases, then Select one: a. the interest rate falls because money demand shifts left. b. the interest rate rises because money supply shifts right. c. the interest rate rises because money supply shifts left. d. the interest rate falls because money demand shifts right.

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The liquidity preference theory states that when price level decrease, then the transaction demand for money will decrease, thus, shifting the demand curve to the left which decreases the interest rate.

Basically, the liquidity preference theory emphasize that interest rate is the price for money.

The theory emphasize that if price level decrease, then, transaction demand for money will decrease, thus, shifting the demand curve to the left which decreases the interest rate.

Therefore, the correct option is A. because if the price level decreases, the interest rate falls because money demand shifts left.

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Which of the following is not a right that the Fair Debt Collection Practices
Act (FDCPA) gives borrowers?
O A. The right to verify the amount owed
B. The right not to be called after 9 p.m.
C. The right not to be harassed
D. The right to declare bankruptcy

Answers

The right to verify the amount owed , not to be called after 9 p.m. and to declare bankruptcy is not a right that the Fair Debt Collection Practices Act.

The Act of Fair Debt Collection Practices was passed to address harassment or abusive practice in relation with debt issues.

The Fair Debt Collection Practices Act was enacted to eliminate abusive, deceptive and unfair debt collection practices.

In this context, the right that the Fair Debt Collection Practices Act gives the borrowers include the right not to be harassed.

Therefore, the Option A, B and D is correct.

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Answer:

A. The right to verify the amount owed

Hope this helps :)

what is one way the federal reserve system regulates economic activity?

Answers

Answer: here you guy

Explanation:

The Federal Reserve Banks use monetary policy to moderate the effects of expansion and contraction in the U.S. economy.

True or false: When a corporation declares a dividend its Net Income on the income statement is reduced.

Answers

When a corporation declares a dividend its Net Income on the income statement is not reduced, therefore the statement is false.

Dividend can be defined as the cash amount that is distributed to shareholders of a company as profit.

The net income on the income does not reduced or decrease when a corporation declares a dividend.

Reason been that dividend is not an expense as they do not have effect on a company net income.

Dividend tend to have majorly have effect on shareholders' equity section of a company statement of financial position.

Inconclusion dividend does not reduce the Net Income on the income statement.

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Mary Alice has been asked to help develop an outline of procedures to be followed in the event of a major IT incident or an incident that directly impacts IT. What type of planning is this

Answers

Every organization in all of their dealings often has contingency plan. The type of planning Mary Alice is helping to develop is IT contigency plan.

The contigency plan is simply known as a type of plan often devised by people for an outcome other than than the one they were expecting. That is other than the usual plan.

It is applied in risk management especially in an exceptional risk that, may have catastrophic consequences.

They are often devised by governments or businesses.

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1. Give short introduction of the professions in public service sector.​

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10108282828282828282

Chapter 12 explains five benefits offered by graphics. One benefit is that they can save space. Which is NOT one of the other four benefits

Answers

While it is true that graphics offer a lot of benefits, one benefit that they do not offer is being more persuasive than words all the time.

Graphics:

Allow for information to be easily spread Saves space in information presentation Allows for concepts to be easily understood

One thing that graphics do not do is being more persuasive than words all the time. There may be times when they send a clearer and more persuasive message but this is not always the case as words are needed instead in some instances.

In conclusion, graphics are not always superior to words.

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When a business is making its initial purchase of an item to be used to perform a new job at a shoe factory, it is known as a ____ purchase. Group of answer choices straight rebuy

Answers

Answer: governmental, institutional, and reseller purposes.

Your mom

_______ includes a review of the demographic, geographic, and governmental environment in which a rental property is located.

Answers

The term that describes what a manager perform such as review of ;

demographicgeographic governmental environmentlocation of rental property is market analysis.

A market analysis can be regarded as quantitative as well as qualitative assessment of a market.

The size of the market are been observed in term of volume and in value and various customer segments.

Therefore, market analysis is the correct term

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we have $8 million saved for retirement, are in our early 50s and want to retire early, but are worried about healthcare expenses — what can we do?

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Answer:

Explanation:

the money definitely helps there’s no question about it but if you don’t have the right plans and protections in place, or you don’t keep to some sort of reasonable budget that allows you to live within your means, you could be at risk of falling short in your retirement too. There are also plenty of surprises that could derail your goals, just as they can for anyone.

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