A kind of loan that is generally given only to trusted customers or to companies perceived to be extremely financially stable is called a(n) ________

a. unsecured loan
b. secured loan
c. factoring arrangement
d. credit card balance


a

Business

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Customer satisfaction is an important focus for marketers because

A. the financial value of a satisfied, loyal customer over time can be significant. B. marketing research is an expensive proposition; the fewer times it needs to be done, the better off the company is. C. attracting new customers is easier than keeping old ones. D. consumers are unable to assess it by themselves. E. a 50 percent increase in customer retention can increase a company's profits by 5 percent.

Business

What is the difference between "equal employment opportunity" and "affirmative action"?

What will be an ideal response?

Business

Social media:

a. can help companies gain market share. b. are most widely used by tweens. c. are eliminating the effect of component lifestyles. d. have significantly decreased the complexity of buyer behavior.

Business

Louis agreed to provide all the apples that Cindy's Cider Mill will need at $3 per bushel unless weather conditions require additional labor to be hired. The rate would then be $3.50 per bushel. A freeze warning required Louis to hire 10 additional overtime workers, raising the cost per bushel to $4.75 . Louis wants to get out of his contract. Can he?

a. No, the parties expected the hardship and provided for it in their contract. b. No, there is no hardship. c. Yes, the contract is commercially impracticable. d. Yes, the freeze is a supervening event.

Business