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Ganezh [65]
3 years ago
8

Each Saturday at the local bread store Harold demonstrates various bread-making products to any of the interested customers. He

knows many of the customers by name and has asked them over time about their various preferences and bread needs. Because he knows his customers so well, Harold can skillfully direct customers to buy the best grain mill to fit their needs, the types of flour for their home baking, and even the different types of loaves of bread they may enjoy purchasing right then. Harold is employing what common marketing communication method?
Business
1 answer:
Vitek1552 [10]3 years ago
7 0

Answer:

Direct marketing.

Explanation:

This issue is related to the marketing communication method called direct marketing or relationship marketing.

Direct marketing can be defined as a set of strategic actions whose main objectives are customer loyalty through the establishment of a more personalized relationship between the customer and the organization. Relationship marketing seeks to get to know its customers in depth so that it can always offer a product and service directed to their needs, through some actions, such as those carried out by Harold, who seeks to know his customers and tastes in order to offer the ideal product to your wants and needs.

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Sun Inc. assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a
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Answer:

The answer is: Assigning accounts receivables as collateral for a bank is not a asset transfer.

Explanation:

Even as the bank offers Sun Inc. with a factoring limit, the accounts receivables are still in the firm's accounting book. The firm has the obligations to go after their debtors for collections. The account receivables are transferred to creditors when a company becomes defaulted or bankrupted.

7 0
2 years ago
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below tha
Rzqust [24]
Short position (I think you were supposed to add answers)
8 0
2 years ago
Why is Eagle Bank's 1-year CD the only account
Rudik [331]

Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.

<h3>What is a CD?</h3>

A certificate of deposit (CD) is a special bank savings account that earns interest on a lump-sum deposit for a predetermined period of time without withdrawals until the due period.

CDs are among the lowest-risk investments as they do not lose value if a bank fails based on the Federal Deposit Insurance Corporation (FDIC) insured guarantee.

Thus, Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.

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7 0
2 years ago
Which of the following line items will appear on the income statement of a merchandiser but not of a service​ company?A. Supplie
nekit [7.7K]

Answer:

D. Cost of Goods Sold

Explanation:

The cost of goods sold or simply COGS is a numerical representation of the direct expenses incurred in manufacturing products sold to customers in a period. It is the aggregate of direct labor, direct materials, and overheads used in the production process. COGS apply to manufacturing firms and companies that handle physical goods.

The COGS is deducted from the sales revenue to give the gross profit. Calculating the COGS involves adding the purchases or goods manufactured to the beginning inventory. Ending inventory is deducted from the total to provide the COGS.  As per the formula, the COGS does not apply to the service industry.

3 0
3 years ago
The accountants at Global Finances can take work home for as many days as they like as long as their spreadsheets are up to date
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Answer:

Telecommuting.

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This is a flexible work pattern in which employees are allowed to carry out their tasks from  homes or other various locations outside the principal office .

It does not mean a total cut off from the office as occasional appearance and constant communication is required .

It has its advantages in improved moral , retaining best hands , increased productivity and cost savings.

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