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SOVA2 [1]
3 years ago
9

Mary, a sales representative for a small cleaning business, asks current customers for names of friends, customers and other bus

inesses that might be interested in the company's cleaning services. Mary is relying on ____ to identify potential customers.
Business
2 answers:
Fofino [41]3 years ago
8 0

Answer:

Mary is relying on <u>referral marketing</u> to identify potential customers.

Explanation:

Referral marketing is a method of spontaneously promoting a businesses products and services to new customers by word of mouth. This can happen through a variety of channels such as email, mobile, and social media.

Referral programs are formal programs that exists in some organizations instituted by employers to encourage employees to refer candidates for jobs at the company.

Referral programs benefit both the employer and the current employees. In some cases, a bonus can be earned if a referred candidate is hired.

Marta_Voda [28]3 years ago
4 0

Answer:

Personal referrals

Explanation:

A referral can be said to be the reference of a person or thing to another due to the abilities and services that the person/thing can offer. Before a referral can take place, the referrer has to have confidence as well as be able to vouch for the person or thing he.she is referring.

In the case of Mary, she is requesting names of friends of customers, businesses, etc that might be interested in her cleaning services from her existing customers.

This means that for her existing customers to be able to give out the information she requests of them, they must have great trust and confidence in her cleaning abilities as evidenced by the works that she has done for them.

Through this information given to Mary, she is able to get more potential clients and her service range continues to expand.

Cheers

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Making hypothetical changes to data and observing the results is:
Shtirlitz [24]

Making hypothetical changes to data and observing the results exists option b. What-if analysis

<h3>What is What-if analysis?</h3>

What-If Analysis exists as the method of changing the values in cells to see how those differences will affect the outcome of formulas on the worksheet. Three types of What-If Analysis tools come with Excel: Scenarios, Goal Seek, and Data Tables. Scenarios and Data tables bear sets of input values and choose possible outcomes.

A what-if analysis or sensitivity analysis exists as a powerful decision-making tool that permits brands to understand what kind of business consequences can arise from modifying one or more variables.

A what-if analysis exists as a study an individual or company creates about a particular number of events where variables are adjusted to determine what the outputs would be. This approach stands typically implemented when there exists limited information from where to create a concise decision. Then, individuals control to outline all the possible outcomes to find out what their risks are.

Software like Microsoft Office Excel promotes the implementation of what-if analysis.

Hence, Making hypothetical changes to data and observing the results exists option b. What-if analysis.

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3 0
2 years ago
The Economic Development Minister of a country has a list of things she thinks may explain her country's low growth of real GDP
olya-2409 [2.1K]

Answer: Tariffs and quotas

Explanation:

Tariffs and quotas are firms of trade protectionism that are used to control the amount of goods brought into a country. While quotas are taxes on imports, quotas are limitation on the number of goods imported.

Tariffs and quotas will affect economic growth because when there's limitation to the amount of imports, will affect the gross domestic product negatively.

3 0
4 years ago
A​ company's value chain is only as strong as its weakest link. What should a company do to properly gauge the strength of its l
weqwewe [10]

Answer:

Examine the​ company's partner relationship management.

Explanation:

A​ company's value chain is only as strong as its weakest link.

Therefore, the company should examine the​ company's partner relationship management to properly gauge the strength of its links and continually​ improve as partner relationship management systems track inventory, discounting, pricing and business operations

5 0
3 years ago
Freemore Company has the following sales budget for the last six months of 2018: July $205,000 October $187,000 August 168,000 N
lisabon 2012 [21]

Answer:

Cash collections for October are $174,600

Explanation:

The following information are given for the amounts collected on sales:

month of sale = 55%

month following sale = 35%

second month following sale = 7%

sales uncollectible = 3%

For the month of October, the cash collections will be from July and October sales.

From July sales

October is the month following July sales, therefore, 35% of the sales from July will be collected in October.

July sales = $205,000

percentage collected in October = 35% = 35/100 = 0.35

∴ cash collected in October from July sales = 0.35 × 205,000 = $71,750

From October sales

55% of sales is collectible in the month of sales

Sales in October = $187,000

55% = 55/100 = 0.55

∴ cash collectible from October sales = 0.55 × 187,000 = $102,850

∴ Total cash collections in October = cash from July sales + cash from October sales

=  71,750 + 102,850 = $174,600

5 0
3 years ago
Which activity relates to scrutiny or examination of a given problem?
Sergeeva-Olga [200]

The activity that relates to scrutiny or examination of a given problem is called Investigation.

<h3>What is scrutiny?</h3>

Scrutiny refers to the act of inspection or examination into some important matter. For example:- Inspector doing the detail scrutiny of the crime matters.

The action that refers to scrutiny or the analysis of a certain topic is called investigation. When the unique issue requires careful analysis. A thorough investigation is conducted to have a full understanding of the issue.

Therefore, it can be concluded that investigation is step by step scrutiny of the problem.

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Your question is incomplete, but most probably the full question was....

A (an) ____ is a part-by-part scrutiny of a given problem.

5 0
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