Savings usually have positive impacts on economic growth of a nation. Firstly, increase in the amount of money saved increase the amount of money that are available in the banks which can be used for investment purposes that will benefit the economy. Secondly, high saving rate in an economy increases the ability of that economy to recover from inflation and recession. Personally and nationally, saving helps to cope better with economic and financial down turns.
Answer:
A. Customer relationship management systems (CRM)
Explanation:
CRM is a technology that manages an organization's interaction with current market and future markets by organizing and coordinating sales, marketing, and service to optimize revenue, customer satisfaction, and customer retention. It aims at providing better technical support along with better customer services in order to improve business relationships. CRM enhances an organization ability to create and improve customer relationships.
Answer: The correct answer is "C. brand equity".
Explanation: The information given in the scenario indicates that Saffexo has a good <u>brand equity.</u>
<u>Because despite an increase in the price of their products people continue to opt for them, this means that for the quality of the product and the value of the brand consumers are willing to pay more for the product.</u>
Answer:
b
Explanation:
An example of credit is when a person borrows money from a finance company to buy a car. Once credit is extended to a person and is used for a purchase, the credit is converted to a debt, and the person has the financial obligation to repay the loan.
