Loyalty programs are sales promotions designed to retain current customers and encourage multiple purchases over time with the promise of a reward or premium.
Answer the following statement true (T) or false (F)
True
As part of a sales promotion program, loyalty programs are specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.
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Claire is a widow who lives alone. She purchased a home theatre system from Green Eye Tech Supplies but failed to make her payments. People at Green Eye responded to this by calling her up repeatedly. They started making more than a dozen calls a day, including calls that were made well into the night. They then started sending multiple agents to Claire's office, informing her neighbors about the due payment and even had an agent deliver a notice to her when she was out shopping. Claire was admitted to the hospital with a nervous breakdown. What are her possible legal remedies against Green Eye?
What will be an ideal response?
Jurisdiction-specific corporate laws limit directors' freedom to declare dividends. Which of the following is/are true?
a. The board may not declare dividends "out of capital," that is, debited against the contributed capital accounts, which result from fund-raising transactions with owners. b. The board must declare them "out of earnings" by debiting them against the Retained Earnings account, which results from earnings transactions. c. "Capital" may mean the par or stated value of outstanding common shares or the total amount paid in by shareholders. d. Some jurisdictions allow corporations to declare dividends out of the earnings of the current period even if the Retained Earnings account has a debit (negative) balance because of accumulated losses from previous period. e. all of the above
For which of the following businesses would the job order cost system be appropriate?
A) Meat processor B) Automobile manufacturer C) Oil refinery D) Construction contractor
Define indirect materials and give two examples of indirect materials for a manufacturing company
What will be an ideal response