Answer: Customer Relationship Management.
Explanation:
Customer Relationship Management or CRM is a business management model that is based exclusively on the relationship between staff and their current and potential customers. His primary focus is customer retention and driving sales by attracting new customers.
To obtain new clients, they use computer software to expand their database, meet the needs of their clients, and expand their marketing process.
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Answer:
True
Explanation:
All businesses, regardless of type or size, must abide by statutes and regulations. Laws comes from all levels of government. Some laws apply to specific sectors, but the majority addresses the entire industry.
Regulations deal with business registration, licensing, and employee compensation. Laws related to professional bodies such as lawyers or doctors must be adhered to by relevant businesses. Governments impose regulations on taxation, statutory deduction, and safety in the workplace.
Following regulations protects the customers, employees, and businesses. An employee who follows the law knows what is expected of them. Following rules will save the company from lawsuits. Employees will feel confident and motivated when they work for a company that follows the law.
Not following the law will cause problems with the tax authorities. It may lead to misrepresentation of financial records or expose employees to hazardous work environments. Such a business will most likely face may lawsuits that come along with huge costs. Not following the law may lead to the collapse of a company.
When Rachel feels overwhelmed, she commits to spending an initial step of attending to the task for up to a minute in order to increase her likelihood of finishing it. This is called the work breakdown structure or strategy.
<h3>
What is the purpose of work breakdown structure or strategy?</h3>
A work breakdown structure (WBS) is a project management technique that uses a step-by-step method to finish huge projects with many moving parts.
A work breakdown structure (WBS) may integrate scope, cost, and deliverables into a single tool by breaking down the project into smaller components.
This strategy helps to complete tasks faster.
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Answer:
I used the most recent figures of the international property rights index (year 2019), and the most recent GDP per capita estimamtes by the IMF in purchasing power parity. (year 2019)
Three countries with high scores, with GDP per capita (PPP):
- Finland - score of 8.712 - U$ 46.430
- Switzerland - score of 8.571 - U$ 64.649
- United States - score of 8.202 - U$ 62.606
Three countries with low scores, with GDP per capita (PPP):
- Ukraine - score of 4.432 - U$ 9.283
- Pakistan - score of 3.874 - U$ 5.680
- Haiti - score of 2.703 - U$ 1.864
The pattern that we find is that there is a strong correlation between the International Property Right Index scores and the GDP per capita figures. This is consistent with the findings in other similar rankings such as the Global Competitiveness Report, published by the World Economic Forum, and the Economic Freedom Index, published by the Heritage Foundation.
What can be interpreted is that property rights, and the strong enforcement of those property rights promote economic development and growth. This is because the protection of private property stimulates human action. For example, the United States has a strong judiciary, and rule of law. In this country, people can invest their money in a project with the certainty that those invesments will not be expropriated by an arbitrary judiciary. This promotes development because investing leads to higher economic output.
Those same incentives do not exist in countries that do not enforce property rights, and that is one of the main reasons why they are poor.
Answer:
The each transaction affecting or not the debt to assets ratio is given below;
1-Purchased inventory of$20,000 on credit
2-Paid accounts payable amount of $50,000
3-Recorded accrued salaries of $100,000
4-Borrowed $250,000 from a local bank
Explanation:
1-Debt/Total Assets=470,000/620,000=.76 it will increase the ratio
2- =400,000/550,000=.73 it will decrease the ratio
3- =550,000/600,000=.92 it will increase the ratio
4- =700,000/850,000=.82 it will increase the ratio
