Answer:
True
Explanation:
Customer relationship management always tries to reach out the potential customers so that they can increase their sales by knowing customer's interests. Organization always implement what they have planned and try to find out the most profitable customers.
Organization always help the customer by knowing their necessity and improve their quality and productivity for the benefit of their organization.
Answer:
A closed shop refers to business which employs union workers alone, whereas in case of a lockout, such a business does not permit employment of union workers.
Lockout serves as a mean to curb labor union demands. In lockouts, the owners of such businesses lock out or block the entry/employment of union workers.
In case of a closed shop, all the employees represent members of labor union. The two concepts represent exactly opposite scenarios.
Answer:
Debit Credit
July 2021
Cash 17,500
Loan payable 17,500
June 30, 2022
Loan Payable 17,500
Interest payable 2,100
Cash 19,600
Adjusting Entry's
Debit Credit
Interest expense 1050
Interest Payable 1050
Explanation:
Interest for the year = 0.12*17500=2100
Interest expense 2021= 6/12*2100= 1050
Answer:
The sacrifice ratio could be as small as 0
Explanation:
The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point. The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services over a period of time until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.
Because of this, we can conclude that if policymakers are committed to reducing inflation and rational people understand this commitment and quickly reduce their inflation expectations, the sacrifice rate can be as low as 0.
Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences
Two occupations that pay entirely different wage are a lawyer and a housekeeper. One of the major reasons that there is a difference in the pay, is the requirements to obtain the job are vastly different. A lawyer requires years of school, passing standardized tests and more just to be qualified to apply for the position. A housekeeper can gain experience while working on the job without certifications.
