Answer:
A. customer relationship management.
Explanation:
Based on the scenario being described within the question it can be said that in this scenario, Five Elements Spa is using customer relationship management. This refers to an approach of managing a companies various interactions between the company and it's current and future potential customers , with the main goal of retaining the current customers and bringing in newer potential customers. Which is what the company is doing by regularly keeping in touch with their customers.
Answer:
In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this?
The term is called:
lender of last resort.
Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this?
The term is called:
deposit insurance.
Explanation:
Central banks play important roles in the economy. They conduct the economy's monetary policy, regulate other banks, and provide various other financial services, including economic research. They stabilize the nation's currency by ensuring that unemployment is kept low and also prevent economic fluctuations.
Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
Donaldo's reaction to his manager's assessment is exemplified by the performance measurement criterion known as <u>acceptability</u>.
<h3>What are the criteria of performance measurment?</h3>
The criteria of performance measurement include acceptability, relevance, meaningfulness or applicability, evidence-based, reliability or reproducibility, validity, and feasibility.
Donaldo should have accepted his manager's assessment on his performance evaluation with the timely and complete feedback received from the manager to improve his performance.
Thus, the performance measurement criterion exemplified by Donaldo's reaction is <u>acceptability</u>.
Learn more about performance measurement tests at brainly.com/question/3835272
Answer:
The seller must be informed when the offer is presented that the depositis a promissory note
Explanation:
A good faith deposit is one that is done by a buyer in which conditions are stated that could result in the loss of deposit by the buyer.
It is a deposit made by the buyer to show he intends to complete the payment later.
In this instance if there is a Goodwill deposit in form of a promissory note, the broker needs to be aware.
So that when he is bringing in a client he will consider the already existing deposit.
Deals that offer more deposit or full payment will be considered and the original buyer discarded.
