Answer:
Contact management
Explanation:
Customer Relationship Management:
This is simply regarded as some known practices, strategies, and technologies used by companies so as to manage, record, and evaluate customer interactions. It is a tool used to increase sales growth by blessings or taking care of relationships within a company's customer base.
Customer life cycle
This simply shows the increasing steps a customer must pass through when considering, purchasing, using, and maintaining loyalty to a product
CRM captures, stores and analyzes customer data in real-time so the organization can improve processes that is of importance to customer satisfaction and thereafter support them. It helps in carrying out business strategy effectively.
By implementing a CRM system in a company successfully, a company can reduce costs and improve customer satisfaction. Focusing on customer's needs can helps with building of brand loyalty and market growth of the business.
Answer:
The answer is A.
Explanation:
Closing/Ending balance in Allowance for Doubtful Accounts = Unadjusted credit (debit) balance in Allowance for Doubtful Accounts + Bad Debt Expense
To get Bad Debt Expense, we re-write the formula:.
Closing/Ending balance in Allowance for Doubtful Accounts − Unadjusted ending credit (debit) balance in Allowance for Doubtful Accounts
Ending/Closing method balance in allowance for doubtful debt= $5,000
Unadjusted ending credit (debit) balance in Allowance for Doubtful Accounts =$500
So we have:
= $5,000 − $500
= $4,500
Answer:
$1 per pound
Explanation:
Marginal utility is defined as the additional satisfaction that a person gains from consumption of an additional unit of a product.
Since Robinson spends all of his money on mangoes and bananas his the marginal utility per price of each product will be equal.
This is called equi marginal utility (Gossens second law).
Marginal utility of mango ÷ price of mango = marginal utility of banana ÷ price of banana
30 ÷ 3 = 10 ÷ price of mango
10 = 10 ÷ price of mango
Cross multiply
Price of mango * 10 = 10
Price of mango = 10 ÷ 10 = $1 per pound
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