Millhouse loves books and often shops at a nearby Book Universe store. At the beginning of the year, he enrolled in a $5 program, and he would get a percentage off on the purchases he made throughout the year. Which of the following best demonstrates this type of approach toward customer retention?
A. Special customer service
B. Frequent-shopper program
C. Sales promotion
D. Community
E. Personalization
Answer: B
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In a periodic inventory system, ________.
A) quantities of merchandise inventory on hand are updated after each sale and each purchase B) the cost to invest in the system is greater than the cost to invest in a perpetual inventory system C) the business is in violation of U.S. GAAP D) businesses must obtain a physical count of inventory to determine quantities on hand
What is meant by the terms "radical" innovation and "incremental" innovation? Provide example of each.
What will be an ideal response?
Which of the following should be shown on a statement of cash flows under the financing activity section?
A) the purchase of a long-term investment in the common stock of another company B) the payment of cash to retire a long-term note C) the proceeds from the sale of a building D) the issuance of a long-term note to acquire land
It was payday. Navidida decided to run some errands and then deposit her check in the bank over her lunch hour. So that she wouldn't have to spend too long at the bank, Navidida indorsed the back of the paycheck as follows, "Navidida Jones," before
leaving work. While window shopping, Navidida lost the check. Roger finds Navidida's paycheck. (A) Will Roger be able to cash Navidida's check? (B) How could have Navidida indorsed the check so that she would not have to be concerned about losing the check?