Companies want to capture and retain customers that will be not only loyal but also profitable, which often means targeting as many customers as possible with whom to do business.
Answer the following statement true (T) or false (F)
False
Companies want to capture and retain customers that will be not only loyal but also profitable, which often means targeting fewer customers with whom to do business. After a firm screens out potentially unprofitable customers, it can focus its efforts on the specific customers with which it most wants to develop good relationships.
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Which element below is not one of the steps outlined in the textbook of the innovation process?
A. problem-solving B. implementation and diffusion C. team-building D. idea generation
Answer the following statements true (T) or false (F)
1. The cash payments journal is a special journal used to record cash payments by currency but not by check. 2. The cash payments journal has two debit columns - one for Accounts Payable and one for Merchandise Inventory. 3. After posting from the cash payments journal, the posting reference is printed in the general journal. 4. The cash disbursements journal is also called the check register. 5. Entries in the cash payments journal are posted daily to the accounts payable subsidiary ledger and monthly to the general ledger.
In a traditional format income statement for a merchandising company, cost of goods sold is a variable cost that is included in the "Variable expenses" portion of the income statement.
Answer the following statement true (T) or false (F)
Seated ____ the CEO is the executive vice president
A) beside B) besides