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uysha [10]
3 years ago
14

Most banks now have customer relationship software that, when a customer contacts the bank, tells the service representative wha

t types of accounts, loans, and credit cards the customer currently has. Service representatives use this information to sell some of the other services the bank currently offers to these customers. This is a ___________________ growth strategy.
Business
1 answer:
Alenkinab [10]3 years ago
8 0

Answer:

market penetration

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question this is a market penetration growth strategy. Selling more of an established product or service to customers that already purchase the product is a market penetration growth strategy. This is the case as long as the product is not newly developed.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Using her beloved grandmother's recipe for fruit-filled empanadas, Marianna opens a drive-up kiosk specializing in these sweet t
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Since Marianna wants to open additional locations, but she doesn't have a lot of start-up capital, the consolidation strategy for fragmented industries that she could utilize is franchising

Franchising is a business expansion model and marketing concept which can be adopted by an organization that does not have to put down additional capital for expansion.

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The franchisee is the party to bring the capital for the expansion.

Much explains why most restaurants use this same strategy, e.g. KFC, Subway and McDonald's;

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EA12.
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Answer:

The Journal entries are as follows:

(i) Manufacturing Overheads Account Dr. $900

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