Answer:
<u>Amplified word of mouth.</u>
Explanation:
Word of mouth marketing refers to using customer recommendations for the purpose of advertising so as to accomplish marketing goals.
Usually this form of marketing is spread from one customer to another in the form of recommendations.
For instance, a customer who uses a product and liked it, posts a favorable review on the product site, praising the product. Such a review would influence other prospective buyer and their purchases.
There are two kinds of word of mouth namely, organic and amplified. In the case of former, the review and praises arise out of natural tendency of the customer to recommend the product.
In case of the latter, the marketers launch such campaigns that encourage word of mouth in both existing as well as new communities.
In the given case, the company distributes free samples and seeks feedback of the target customers on the company's blog, which would be visible to prospective customers. The goal being to stimulate positive word of mouth, this method refers to amplified word of mouth.
Answer:
B) the allowance account and estimates are used.
Explanation:
When a company uses the allowance method, it will record an adjusting entry for the losses it anticipates from bad credits given to customers. The bad debts expense account is debited and the allowance for doubtful accounts (contra asset) is credited. Then as time passes and the amount of bad debts is exactly determined, another adjusting entry is necessary depending whether the estimate was correct or not, or if it was under or over estimated.
High end and low end versions of the same items to capture more of the market.
Tiffany's sells high-end fine jewelry at higher prices. Walmart also offers nice jewelry at much lower prices.
Job costing systems are used to accumulate the cost of a individual job
Answer:
What is the most common type of financial institution?
Commercial banks. are the most common financial institutions in the United States, with total financial assets of about $13.5 trillion (85 percent of the total assets of the banking institutions). ...
Savings banks
Finance companies
Insurance companies
Explanation:
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