Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.
A) reduce the rate of customer defection
B) make low-profit customers more profitable
C) enhance the growth potential for each customer through cross-selling
D) increase the longevity of the customer relationship
E) focus disproportionate effort on high-value customers
Answer:
B) make low-profit customers more profitable
Explanation:
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.
The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.
In creating a personal commercial, one have to give a conversational and natural oral presentation. One can start with:
- Been confident, have a good poised, and been professional.
<h3>What is a personal commercial?</h3>
Others are:
- Greet by saying: Hello, my name is (name).
- State your Goal, Interest and also your passion and others kind of attributes that can set you apart from others.
A personal commercial is known to be a short introduction that a person often give to a specific employer, mentor, or others.
Conclusively, By following the steps above, one can give a good personal commercial.
Learn more about Commercial from
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Answer:
Bad Debt Expense = $652
Explanation:
Ending balance [Un-adjusted) = Beginning balance + Credit sales - Cash collected - Written off
Ending balance [Un-adjusted) = $40,000 + $80,000 - $78,200 - $500
Ending balance [Un-adjusted) = $41,300
Allowance For Doubtful Accounts = Beginning balance - Written off
Allowance For Doubtful Accounts = $1,500 - $500
Allowance For Doubtful Accounts = $1,000
Adjusted amount required = $41,300 × 4%
Adjusted amount required = $1,652 Credit
Un-adjusted balance available = $ 1000 Credit
Bad Debt Expense = Adjusted amount required - Un-adjusted balance available
Bad Debt Expense = $1,652 - $1,000
Bad Debt Expense = $652
Answer:
the answer is because it would never be equal
Explanation:
