Answer:
customer relationship management
Explanation:
Companies that successfully implement customer relationship management (CRM) should be able to customize the services and products that they offer to their customers. The company should be able to develop a good relationship with its customers and increase the exchange of information and feedback. This can help the company provide customized services that better satisfy the needs and wants of its customers.
Answer:
If a nation has an absolute advantage in the production of a good:
a. it can produce that good at a lower opportunity cost than its trading partner.
Explanation:
Absolute Advantage:
In production, the absolute advantage is defined as the capacity of a company or a business or a nation to produce such products that are of good quality in comparison with its competitors while utilizing the same resources (money, time) as its competitors.
- So in this case, the option a is correct because if a nation has absolute advantage in the production then it can produce that good at low opportunity cost than its trading cost. as compared to its competitors.
- The option b is not valid as in absolute advantage in production the quality is better but the resources remain same.
- The option c is not valid as it doesn't have to restrict imports of the good to get the benefit as that good have good quality in comparison with the competitors.
- The option d is not correct as absolute advantage in production make the nation already special in the production.
Your detailed expenses cost of sales and if the business made a profit or loss.
Answer:
The answer is: Cost principle
Explanation:
The cost principle states that a business should record its assets, liabilities, and equity investments at their original purchase costs.
In this case, Lisa paid $35,000 for the office building, so the recorded price of the asset should be $35,000 and not $50,000.
Answer:
Explanation:
Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you're spending money from your own funds. Use a credit card and you're borrowing the money and eventually will have to pay it back to the card issuer, perhaps including interest.