Answer:
Have little loyalty to their vendors.
Explanation:
Middlemen are intermediaries that buy goods from the producers and sell directly to the consumers. They assist the producers to get different feedbacks about the products from the consumer. Middlemen include wholesalers, retailers, brokers.
In some situations, middlemen increase the prices of various products thereby making it difficult for consumers to purchase, they also have little loyalty to the producers of a particular product they tend to purchase the product when there is high productivity but reject it when productivity reduces.
Answer:
The correct options are:
- A. It is used to avoid the time and cost of writing checks for small amounts.
- C. It is established to pay for small payments like postage, shipping fees, etc.
- E. It is an asset reported on the balance sheet.
Explanation:
A Petty Cash Fund is a small amount of money that is kept on hand to be used in covering for the making of purchases that are too small to bother to write a check. Money from the petty cash fund can be used to pay for minor expenses such as postage, cab fares, shipping fees or office supplies.
Petty cash fund appears in the balance sheet on the current assets section. This is because line items in the balance sheet are sorted according to their order of liquidity. Since petty cash is highly liquid, it always appears near the top of the balance sheet.
He was supposed to keep 10%.
The 10% share was one of the columbus demand' when both columbus and the crown agreed to the terms for his voyage fundinsg.
But, since <span>he had been relieved of his duties as governor, the Crown no longer feel obligated to honour the term of the contract.</span>
A sales representative calls on a prospective business customer only to find that the customer has an established relationship with another supplier that seems to be working well. the customer is not interested in considering other suppliers. the customer is currently in a STRAIGHT REBUY situation.
Answer:
The answer is D. Open communication is key in building lasting relationships whether in business or in personal relationships.
Explanation:
For two companies to maintain a strategic relationship, there must be open communication. Whitney displayed correct understanding of this ingredient for strategic relationships.
That was why she was open enough to work out a more amicable relationship with Rodney. She discussed her sales goals and new ideas for the business. On Rodney's part, he showed no interest. He was not ready to discuss his own sales goals.
Rodney lost a golden opportunity offered by Whitney by opening up communication. He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something. He could be deliberately overcharging on price. These comments remain mere guesses as Rodney failed to open up.