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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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On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bon
Margarita [4]

Answer:

b) The company will incur a loss

Explanation:

The market rate at the time of issue = 9%, while coupon rate = 8%, it says bonds provide lesser return when compared to the market rate.  

At end of year 2 market rate drops to 6% which is lower than the Bond's coupon rate. Which means the bond's providing high return when compared to the market. So, company to retire the bonds need to pay more than the par value.

As company should retire these bonds more than par value, the company incur a loss.

Option 'B is correct

The company incur a loss

5 0
3 years ago
The person most qualified to assess the overall risk in a work package activity in a project is the:
WINSTONCH [101]
<span>The person most qualified to assess the overall risk in a work package activity in a project is the team member and / or line manager.
The team member cannot be the only one who will assess such risks - he will need to be accompanied by the line manager, or the manager can do it on his own. PR and sponsors do not deal with such actions - PR deals with public relations, and sponsors with giving money.
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4 0
4 years ago
The Artisan Cheese Company in Florida has decided to add a new line of imported cheeses to its offering. The company president (
KonstantinChe [14]

Answer:

Cheeses from England.

Explanation:

First, let us define what Marketing Mix is:

  • This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.

The goal of a marketing strategy is to create awareness among the target audience.

Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.

It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.

The company president and product director will have to do what the customer wants.

4 0
3 years ago
Drag each label to the correct location on the image.
xeze [42]

Answer:

Tony and Gareth

Explanation:

Basic eligibility requirements for financial student aid are:

  • Be a U.S. citizen or an eligible noncitizen (including a U.S. national or permanent resident) and have a valid Social Security number.
  • Have a high school diploma or GED certificate.
  • Be enrolled or accepted as a student in an eligible degree or certificate program.
  • Earn a minimum GPA.

Tony has still not completed high school, and Miami resident Gareth does not has a social security number.

Keith and Marshall may be eligible for the financial student aid if they meet all other requirements for financial student aid.

7 0
3 years ago
1. Define "Minimum wage", and tell me what the current minimum wage is today.
torisob [31]
  1. <u>A minimum wage is the lowest remuneration that employers can legally pay their workers the price floor below which workers may not sell their labor.</u>

*Put that in your own words though

7 0
3 years ago
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