Answer:
(C) Electronic approaches to follow-up dramatically lower the cost of marketing efforts
Explanation:
In sales and marketing, follow-up refers to continuously building future client or customer relationships in order to make a sale. This also means contacting the possible client or customer through various avenues of contact to establish a better relationship which might translate into future sales. These days, online marketing tools such as newsletter emails, make follow up much easier than offline marketing efforts, such as through phone calls.
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Answer:
Production.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.
Basically, budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. Thus, these multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
A retailer can be defined as an individual or company that buys finished goods directly from a wholesaler and sells directly to the end users (consumers).
In this context, a retailer would prepare an administrative, sales and cash budget but certainly wouldn't prepare a production budget because retailers aren't saddled with the responsibility of producing goods.
Simply stated, a production budget would be prepared by a manufacturer or producer.
Answer: The closest option is A. The rights to receive are transferred by the assignor to the assignee.
Explanation: An assignment is a term used in the area of the law of contract and of property and assets. In the legal field, assignment is the process whereby a person or a group ( the assignor) transfers his/her rights or benefits to an asset or property to another person or group (the assignee).
The whole process is documented and sealed by the signature of both parties in the presence of their lawyer.
Answer:
Option A is correct: $51750
Explanation:
Since static budget variance for materials is favourable;hence actual cost is less than the budgeted cost.
hence actual cost=(52000-250)
=$51750.
