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uysha [10]
2 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]2 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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Answer and Explanation:

In this particular case, the working capital continues to fall and hits a value below zero otherwise the business would have a negative cash flow.

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If, as in the case at hand , the company continues to operate in low working capital and work capital declines over time, the company can encounter extremely serious financial problems.

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