True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
The answer here is ‘aging’.
I hope this can help.
Answer:
Customer ID HANAR
Customer Name Hanari Carnes
Order ID 10981
Total Amount 15810.00
Explanation:
Companies focus on Customer retention policies for high valued customers. The companies do not want to upset their high valued clients and lose a great part of their sales from these customers. In this question all the high valued customers are sent gifts by the company who has shop for $10,000 or more from the company this year. From the given list we have sorted the high valued customers based on this criteria.
Answer:
Option (B) is correct.
Explanation:
Given that,
Accounts receivables = $1,500,000
Allowance for doubtful accounts = $90,000
Expected uncollectibles = $125,000
The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.
Accounts receivable amount expected to be collected after adjustment for bad debt expense:
= Accounts receivables - Expected uncollectibles
= $1,500,000 - $125,000
= $1,375,000
Answer:
Option (b) is correct.
Explanation:
This is a case of monopoly market condition where there is a single firm operating the whole market. The price of the products is set by the single firm and the buyers in this market are price taker. The monopolist can earn normal profit, losses and abnormal profit in the short run and can earn normal profit and abnormal profit in the long run.
In our case, the price of diamonds is high because there is only single firm in the whole market and there is no other competitors in the market. That's why they are charging the higher prices.
