Kay and Jenny's, a restaurant, implements a new system that identifies and gathers information about its regular customers. It rewards these customers by giving them gift coupons and cash prizes. This is most likely an example of _____.

Answers

Answer 1

Answer:

Answer:

Customer relationship management (CRM)

Explanation:

Customer relationship management can be defined as a set of technologies, strategies and practices related to a business, whose main objective is to focus on the relationship with the customer.

The information age has revolutionized the way companies relate to their customers, nowadays digital media and new technologies have enabled greater interactions between company and customer, which created a need for companies to also seek corporate strategies and technologies that would bring relevant benefits for business success. Some of the CRM platforms enable companies to gather information from customers in order to manage sales opportunities and leads, in addition to organizing accounts and contacts in an accessible way and optimizing and accelerating the sales process.

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Tim has invested $10,000 in several mutual funds. After 10 years, his investments are worth $18,000. His nominal annual rate of return is 8%. What information does he need in order to calculate his real rate of return? Select the best answer from the choices provided.

the average return of the entire stock exchange during those years

the performance of the individual stocks in the mutual funds

the average prime rate over those years

the inflation rate over those years

Answers

The right answer for the question that is being asked and shown above is that: "the average return of the entire stock exchange during those years." The information that does he need in order to calculate his real rate of return is that the average return of the entire stock exchange during those years

Amount Financed (m) = $500 Number of Payments per year (y) = 12 Number of Payments (n) = 12 APR (I) = 17% c = $

Answers

Hi there!

The answer to your problem is c = $46.04

Your friend, ASIAX

What does the state of a nation’s infrastructure say about the country’s level of economic development?

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A nation’s infrastructure ascribes to the structure, system and facilities of a country. Telecommunication, transportation, bridges, roads, tunnels, water supply, electrical grids are some of the infrastructures essential to enable and sustain society. This boosts a country’s economy. Good infrastructure leads to a faster development. Trade, communication and transportation are done effectively and efficiently. A country is considered to be developed when the infrastructures are stable and reliable.

Jen is starting a nonprofit store she plans to sell handmade African scarves and jewelry. Which economic question(s) would Jen still need to answer?

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even though the business is nonprift, but the basic underlying principles remain.
the questions that jen needs to ask is weather or not there is enough demand for the items she plans to sell. if there isnt,what possible steps and resources must be committed to make the demand fr the items rise. the next question will be weather or not she can maintain a steady supply chain. does she have a supplier capable of supplying the items that she needs to sell?
another questions will be the price. at what price she can sell the items. does the cost covers all the expenses that she incurred?does she have enough suprlus to expand her operations?

Which financial statement is considered a link between the income statement and balance sheet?a. Statement of cash flows
b. Statement of company assets
c. Statement of company liquidity
d. Statement of owner’s equity

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Statement of owner’s equity is considered a link between the income statement and balance sheet.

The answer is D. Statement of owner's equity

A person observes that consumer prices often fall when a nation experiences economic growth. The person then concludes that falling consumer prices lead to economic growth. This would be an example of the fallacy of composition. Biases. Confusing correlation and causation. The use of loaded terminology.

Answers

The person then concludes that falling consumer prices leads to economic growth. This would be an example of "Confusing correlation and causation".

Correlation is the connection between two sets of variables used to depict or anticipate data. There is an emphasis here on relationship. Sometimes we can utilize relationship to discover causality, however not generally. Keep in mind that connection can either be certain or negative.

Causation, otherwise called cause and effect, is the point at which a watched occasion or activity seems to have caused a second occasion or activity.

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