A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account.
Answer:
Impacting his clientele base with increased profitability and to extend the duration of customer relationships.
Explanation:
Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.
Answer:
Focus strategy.
Explanation:
Focus strategy is undertaken by a company to enter a narrow market or expand operations in such a market. The segment is specific and the business usually provides services that competitively meets customer needs.
Recognising that one market segment's needs are different from another one's is the basis for focus strategy. Resources will be used to meet and satisfy the unique needs of a target segment or niche. Involve a particular product line for example children clothing, detergents, lemon juice, children's shoes and so on.
The firm's total profit for this year based on the firm's current level of production is $180.
<h3>What is the total profit?</h3>
The total profit is the difference between sales revenue and total (variable and fixed) costs.
<h3>Data and Calculations:</h3>
Sales revenue = $300
Variable costs = (70)
Contribution $230
Fixed costs (50)
Total profits $180
Thus, the firm's total profit for this year based on the firm's current level of production is $180.
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