Answer:
Personalization.
Explanation:
Using personalization in customer relationship management (CRM) requires gathering a lot of information about customers’ preferences and shopping patterns, and some customers get impatient with answering long surveys about their preferences.
This ultimately implies that, personalization deals with gathering information about a specific customer's choice such as taste, requirements, product preferences, shopping styles or patterns in order to be able to serve him or her better, through the provision of goods and services that meets their needs.
The Competition among economic units diffuses economic power within the businesses and households that make up the economy.
<h3>What is Economy?</h3>
Economy refers to the area or the region which produces the goods and services. It implies to the wealth and the resources of the nation. It involves the management of the finances. for example :- the stock market system of the United States.
The competition among the business leads to the innovation of the new products and the services which in turn is beneficial for the customers. It diffuses the economic power as the income earned gores in the market and the household.
Thus it helps in the economic growth of the nation. Therefore the correct option is diffuses economic power within the businesses and households that make up the economy.
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Answer and Explanation:
The Journal entry is shown below:-
Equipment Dr, $42,000 ($222,000 - $180,000)
To Kevin Camden-Capital $10,500 ($42,000 × 1 ÷ (1 + 3))
To Chloe Sayler-Capital $31,500 ($42,000 × 3 ÷ (1 + 3))
(Being revaluation of equipment is credited)
Here we debited the equipment as it increased the assets and we credited the Kevin Camden-Capital and Chloe Sayler-Capital as it also increased the equity
2. Cash Dr, $25,000
To Demarco Lee-Capital $25,000
(Being admission is recorded)
Here we debited the cash as it increased the assets and we credited the Demarco Lee-Capital as it also increased the equity