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djverab [1.8K]
3 years ago
11

Kay and Jenny's, a restaurant, implements a new system that identifies and gathers information about its regular customers. It r

ewards these customers by giving them gift coupons and cash prizes. This is most likely an example of _____.
Business
1 answer:
Elena L [17]3 years ago
5 0

Answer:

Customer relationship management (CRM)

Explanation:

Customer relationship management can be defined as a set of technologies, strategies and practices related to a business, whose main objective is to focus on the relationship with the customer.

The information age has revolutionized the way companies relate to their customers, nowadays digital media and new technologies have enabled greater interactions between company and customer, which created a need for companies to also seek corporate strategies and technologies that would bring relevant benefits for business success. Some of the CRM platforms enable companies to gather information from customers in order to manage sales opportunities and leads, in addition to organizing accounts and contacts in an accessible way and optimizing and accelerating the sales process.

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The Beach Shack Company produced 5,500 cakes that require 3 standard pounds per unit at $3. 00 standard price per pound. The com
prohojiy [21]

Answer:

Explanation:

Standard pounds per cake = 3 pounds

Standard unit price = $3

Standard pounds 5500 cakes = 16,500 pounds

Actual pounds per 5500 cakes = 16,650

Variance = (16,650 - 16,500)=150

Cost of actual materials used = actual materials * standard price

=16,650*3 =49,950

Cost of work in progress = Standard materials * standard price = 16,500*3= 49.500

Direct material quantity variance = Quantity variance * 3

150*3 = 450

Journal entry

Debit work in progress = 49,500

Debit material quantity variance = 450

Credit Material = 49,950

4 0
3 years ago
Which of the following could be included in the performance indicator measure provided by a nongovernmental not-for-profit hospi
ioda

Answer:

b

Explanation:

7 0
4 years ago
During the Great Depression, the excess reserve to deposit ratio rose for a variety of reasons. The impact on the money multipli
masya89 [10]

Answer:

The correct answer is True.

Explanation:

When banks hold a maximum percentage of bank deposits as treasure, the twine maker's audacity decreases. To see why this is so, let's first look at the recipe for the pasta divider.

The recipe for the money maker is :

Multiplier = 1 / list of required circumspection.

However, we should be aware that this assumes that banks will lend all deposits that they are not required to support as required treasury. In essence, the executor in this formula is really the percentage of deposits that is kept in the belt in opportunity to be borrowed. When the delicacy of riches increases, the factor in this recipe still increases. When this happens, the negotiator falls.

We can also see why the value of the creator of parné falls in a non-mathematical way. The number exists because banks lend string. If I deposit $ 1000, the jail could feed $ 100 as required treasure and lend the other $ 900 to someone else. When they grant this loan, the money offer has increased by $ 900 because my $ 1000 has become $ 1900. Now imagine that the belt has a treasury treat. Now I deposit $ 1000 but the side maintains $ 500. In this case, my $ 1000 romanza becomes $ 1500. Therefore, when the banks keep more money in the treasury, the decision of the twine executor decreases.

7 0
3 years ago
Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rat
-Dominant- [34]

Answer:

diminishing returns

Explanation:

Diminishing returns are based on the economic concepts founded on the law of diminishing marginal returns. This law provides that after some optimal production level is achieved, the continuous addition of input will lead to a decreased output rate.

Diminishing returns is when productivity increases at a decreasing rate as more input are used while holding other factors constant. Once productivity arising from an input hits its peak, additional employment of that resource will result in a decreased or negative productivity.  For example, if input labor is added to a factory, new workers will improve productivity until the factory reaches its maximum capacity. Hiring more workers after the factor hits its peak will result in a decline in labor productivity.

7 0
3 years ago
What loans tend to have a lower interest rate than credit cards and are used for specific purposes such as purchasing a home or
Darina [25.2K]

The types of loans that tend to have a lower interest rate than credit cards and are used for specific purposes such as purchasing a home or car are <u>c.</u> <u>close-end loans</u>.

<h3>What are closed-end loans?</h3>

Closed-end loans are designed for a particular purpose and are disbursed at once.

Unlike open-end loans, bank loans, or credit union loans, closed-end loans are not re-issued and the debtor is expected to pay back within a specific date.

Thus, the types of loans that tend to have a lower interest rate than credit cards and are used for specific purposes such as purchasing a home or car are <u>c.</u> <u>close-end loans</u>.

Learn more about close-end loans at brainly.com/question/1937712

#SPJ1

7 0
2 years ago
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