Answer: Relationship selling
Explanation: In simple words, it refers to the strategy in which the seller focus on the communication and interaction between the buyer and seller rather than the product price and qualities.
It is done with the objective of gaining customer loyalty and making the customer base strong and rigid. It is implemented on existing markets and not on the potential customer base.
Hence from the above we can conclude that the correct answer is relationship selling.
Answer: post-secondary education
employee benefits
salary
vocational training throughout career
Explanation:
A lifetime income is the income that individuals earn throughout their lifetime.
The factors that positively affect the lifetime income of an individual are the post-secondary education, salary, employee benefits and the vocational training throughout career.
High cost of living and early retirement negatively affect the lifetime income of an individual.
Answer:
$1,140,000
Explanation:
A grantor retained annuity trust (GRAT) is used to lower taxes on financial gifts. After a certain time (it is not specified in the question) Paula's sons will receive the money left in the GRAT tax free.
To calculate Paula's taxable gift we have the total GRAT value minus the value of the annuity she retained for herself:
$2,000,000 - $860,000 = $1,140,000
A dance instructor salary could be $32,600 on average.