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Dmitriy789 [7]
4 years ago
10

Office Depot has instituted the Office Depot Advantage, a program in which a customer who spends a minimum of $200 up to $299 in

a three-month period can receive a $20 reward good for the purchase of additional Office Depot merchandise. Customers who spend between $300 and $499 receive a $30 reward and those who spend more than $500 quarterly receive a $50 reward. The goal of this _____ program is to encourage customers to consolidate their office product purchases at Office Depot.
a. relationship management



b. profit maximization



c. product satisfaction



d. customer maximization



e. a developing strategic alliance
Business
1 answer:
disa [49]4 years ago
7 0

Answer:

d. customer maximization

Explanation:

Customer maximization is a service model that attempts to go beyond normal customer relationship management. Customer maximization attempts to capture the absolute maximum potential from both prospective and existing customers. In this example, both types of customers would benefit from the promotion that Office Depot is offering, which shows that the business is trying to find new and positive ways to engage with customers.

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Bank A quotes a bid rate of $0.300 and an ask rate of $0.305 for the Malaysian ringgit (MYR). Bank B quotes a bid rate of $0.306
Artemon [7]

Answer: $1639.3

Explanation:

From the question, we are informed that Bank A quotes a bid rate of $0.300 and an ask rate of $0.305 for the Malaysian ringgit (MYR) and that bank B quotes a bid rate of $0.306 and an ask rate of $0.310 for the ringgit.

The profit for an investor that has $500,000 available to conduct locational arbitrage goes thus:

Purchasing Malaysian ringgit (MYR) from bank A at the ask rate will be:

= $500,000/$0.305

= 1,639,344.3

Selling the Malaysian ringgit (MYR) at bank B based on the ask rate will be:

= 1,639,344.3 × 0.306

= $501,639.3

The profit for an investor that has $500,000 available to conduct locational arbitrage will be:

= $501,639.3 - $500,000

= $1639.3

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Firms selling to organizational buyers have ________ potential customers compared to firms selling to consumers. many more about
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Answer:

far fewer

Explanation:

Firms selling to organizational buyers have far fewer potential customers compared to firms selling to consumers.

In consumer markets, companies typically sell to large numbers of customers, with each customer accounting for a small proportion of the company’s sales. <u>In business markets, companies deal with smaller numbers of customers</u>; in some situations, large customers may account for a high percentage of sales.

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