Answer:
True
Explanation:
Its true because the customer relationship management involves satisfying the customers by knowing what they actually want from us and then making it possible for the company to deliver it. If the acknowledges that their is a demand of special type of product that they know by the greater interaction with customers then yes it is possible to determine the next product line addition in the product portfolio.
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Question Completion:
Requirement. Identity two types of short-term finance Akram could use when the farm income is low
Answer:
Akram's Farm
Akram's farm can make good use of the following short-term financing sources:
1. Akram's farm can use Accounts Payable to provide short-term trade finance when the farm buys farm inputs, equipment, and other supplies on credit. The farm's Accounts Payable can provide interest-free trade loans by allowing the farm to take longer time to settle the suppliers. But, the farm should not miss out on cash discounts - an important source of trade finance.
2. Akram's farm can generate finances by ensuring early collections of the Accounts Receivable. Akram's farm can also go ahead and borrow on the accounts receivable through short-term bank loans guaranteed on the accounts. The farm can also factor the accounts receivable by selling them to factoring and finance houses for less.
Explanation:
Akram's farm is still a small farm that is not yet formed as a company. The immediate concentration is growing the entity and starting the processes for changing its corporate status so that it can take advantage of the sources of finance available to companies.
You owe 2300 on your motorcycle. What kind of debt is this?
discharged
Voluntarism is someone offering to do something and mandatorism is making someone do something