Answer:
a long term partnership
Explanation:
A relational orientation is a concept of marketing which is aimed at creating a relationship between the salesperson and the customer on a long term basis.
The concept identifies that when a long term relationship is created with the customer, it will bring about customer loyalty. A customer that is loyal will mostly buy or purchase goods or product from the salesperson.
Example of relational orientation is purchasing a car from a seller by the buyer due to the long term relationship already established. This type of arrangement is essentially good for products purchased in large quantities.
Office workers waste around 1 to 2 hours a day
Answer:
$130,000
Explanation:
In this question, we are going to calculate Andrew’s economic profit.
To do this, we first identify the mathematical formula that could help us arrive at the answer.
Mathematically, economic profit = Total revenues-(explicit cost + implicit cost)
Explicit cost are referred to as direct payment made by the business. Here, the explicit cost include ,cost of labor and start up costs. The value is thus 30,000 + 60,000 = $90,000
The implicit cost here is the opportunity cost, which is the amount she would have earned at her previous job. Another implicit cost here is the $10,000 he is supposed to pay for rent but does not since he owns the building
The Economic profit is thus = 300,000 -90,000-10,000-70,000 = $130,000
Answer: Dedicated Funds
Explanation: A dedicated fund is a part of an income that is strictly set aside for a fixed purpose from the moment they are gotten.
A dedicated fund can take any format, some of which includes; money set aside for savings, money kept as tax, money set aside for insurance payments etc.
