WedSafe is the name of one of several companies that provide wedding insurance. For example, in the event that a wedding is called off, the couple can insure themselves against loss of their nonrefundable deposits. If WedSafe's primary marketing effort is satisfying its customers, the company is in which stage of the customer relationship evolution?
A. Leads
B. Prospects
C. Acquaintances
D. Associate
E. Friends
Answer: C
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Indicate whether the statement is true or false
The uses of retail and wholesale audit data include all of the following except ________
A) identifying shelf space allocation and inventory problems B) establishing profiles of specific user groups C) developing sales potentials and forecasts D) analyzing distribution problems
Woodstock Furniture manufactures a small table and a large table. The small table sells for $900, has variable costs of $570 per table, and takes 10 direct labor hours to manufacture. The large table sells for $1700, has variable costs of $980, and takes eight direct labor hours to manufacture. The company has a maximum of 5000 direct labor hours per month when operating at full capacity. If there are no constraints on sales of either product, and the company could choose any proportions of product mix that they wanted, what is the optimum product mix to maximize operating income of the company?
A) 500 units of small and 625 units of large B) 0 units of small and 625 units of large C) 625 units of small and 500 units of large D) 500 units of small and 0 units of large
At Home Service, Inc., employees stay with the organization for many years and develop skills on the job that help Home Service, Inc. become more efficient. This is consistent with Fayol's principle of
A. stability of tenure. B. order. C. discipline. D. unity of command. E. unity of direction.