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loris [4]
3 years ago
15

In order for Hope Springs to effectively sell its bottled water, the company needs to be effective at ________, which is the pra

ctice of building ties to customers through a salesperson's attention and commitment to customer needs over time
Business
1 answer:
emmainna [20.7K]3 years ago
7 0

Answer: Relationship selling

Explanation: In simple words, it refers to the strategy in which the seller focus on the communication and interaction between the buyer and seller rather than the product price and qualities.

It is done with the objective of gaining customer loyalty and making the customer base strong and rigid. It is implemented on existing markets and not on the potential customer base.

Hence from the above we can conclude that the correct answer is relationship selling.

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Please and Thank you :) Which two investment options would be best if you are 20 years old, just starting to save, and want to r
nata0808 [166]
Roth IRA as it is tax free, and a 401k retirement plan. those would be the best two options for someone of that age.
6 0
3 years ago
Read 2 more answers
What kind of information should entrepreneurs gather before investing in a new business?
NeTakaya

Answer:

<u><em>Financial</em></u> information such as:

Rate of return

Initial capital needed

<u><em>Context</em></u> information such as:

Competitors

Legal Barriers

5 0
3 years ago
A summary of selected ledger accounts appears below for Solomon’s Electrical Services for the current calendar year-end. Common
DaniilM [7]

Answer:

b.net loss

Explanation:

A debit entry in the retained entry account may have two reasons dividend declaration entry and net loss adjustment entry. Form the dividend  account we see there is no dividend entry of $18,000. So the only option is the net loss adjustment entry of $18,000.

Journal Entry for the adjustment is as follow

Dr. Retained Earning $18,000

Cr. Income Summary $18,000

7 0
3 years ago
Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $705,555 Offi
insens350 [35]

Answer:

<u>Assets  </u>                                                    Liabilities

Current Assets                                         Acount Payable       17,640

Cash                         222,485                 Equity

Account receivable    49,390                Common Stock       135,000

Supplies                 <u>       8,465  </u>              Retained Earnings <u> 353,700  </u>

Total Current Assets 280,340               Total Equity             488,700

Land                         <u>  226,000 </u>

Total Assets               506,340              Toal Liab+ SE          506,340

Explanation:

RE will be calculate using the accounting equation as is quicker than calculate net income and do the RE statement

Assets = Liab + Equity

Where: Equity = Common Stock + RE

506,340 = 17,640 + 135,000 + RE

RE = 506,340 - 17,640 - 135,000 = 353,700

3 0
3 years ago
Your parents will retire in 26 years. They currently have $220,000 saved, and they think they will need $1,950,000 at retirement
Artyom0805 [142]

Answer:

Annual rate of interest is 9%

Explanation:

The annual rate of interest is computed using the excel formula of Rate as:

=Rate(nper,pmt,pv,fv,type)

where

nper is number of years which is 26 years

Pmt is monthly payment which is 0

pv is present value which is -$220,000

fv is future value which is $1,950,000

type is 0

So, putting the values above:

=Rate(26,0,-220000,1950000,0)

=9%

Therefore, the rate of interest is 9%

6 0
3 years ago
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