List and describe the five major customer follow-up strategies
What will be an ideal response?
1. Personal visit. Usually the most costly method, but it may produce the best results
2. Telephone. This provides a quick, efficient way to follow up a sale.
3. Letter or card. Written correspondence is an inexpensive, convenient form of follow up.
4. Call report. This serves as a communications link with persons who can assist with customer service.
5. E-mail messages. A quick way to contact the customer; some customers prefer this method.
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Brady Inc produced and sold 200,000 units for $50 each last year. For the upcoming year, management believes that if they decrease the price of each unit by 5%, volume will increase 5%. What are Brady's expected sales revenues for the upcoming year?
A) $ 9,450,000 B) $10,000,000 C) $10,500,000 D) $ 9,975,000
A cashier for Seaside Electronics rang up sales totaling $8,000, but had only $7,994 to deposit, which journal entry would be recorded? A debit to:
A. Cash of $7,994 and Cash Shortage of $6 and a credit to Unearned Revenue of $8,000. B. Sales Revenue of $7,994 and Cash Shortage of $6 and a credit to Cash of $8,000. C. Cash of $7,994 and a credit to Cash Shortage of $6 and Sales Revenue of $8,000. D. Cash of $7,994 and Cash Shortage of $6 and a credit to Sales Revenue of $8,000.
What is an outer query?
What will be an ideal response?
The prototyping process usually includes formal documentation of system requirements
Indicate whether the statement is true or false