level) to anticipate the individual customer’s needs and adapt accordingly. Friendly Agents listen to the customer and customize the call‚ not simply follow scripts. Each customer is different; each call has its own "color" and "tone." Fast Agents value the customer’s time and ensure that all issues are resolved in a timely manner. In the Perfect Call Generator‚ agents have the flexibility to customize the call while navigating through the eight phases of every call to ensure customer satisfaction
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Cash Discount on Sales Cash discount is the discount offered by seller for paying cash early. Cash discount is only offered on credit sales where the customers do not pay at the time of sale but promise to pay latter. There are two methods of accounting for sales that offer cash discounts; the gross method and the net method. These two methods are explained with the help of the following example: Example Suppose Company A sells certain goods at a price of $4‚400 with terms of payment
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Case Study 2: Cash Connection: Are Its Payday Lender Strategy And Its Business Model Ethical? The Situation: Allen Franks‚ President of Cash Connections‚ a short-term cash lending firm realized that the most profitable endeavor in the check-cashing store industry is to set up stores in towns where no check-cash stores exist. Setting up Cash Connections in these places‚ his business became one of the leading companies in his
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Q1. State three most important aspects of law as related to business. Give your rationale as to why those are the most important. Ans. Business and law are interlinked to a large extent. It would not be possible to do business without law. There are some important aspects of law as related to business are given below. Organizational: Every organization needs a porichiti and it is known by a name which represent any business. Every organization has a name and it shows a distinction than
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Kris Howard Investment Banking The intensely competitive‚ action-oriented‚ profit-hungry world of investment banking can seem like a bigger-than-life place where deals are done and fortunes are made. Investment bank includes but is not limited to bringing an established company to the market‚ by that I mean taking company with the capabilities but not capital of expanding‚ and raising money through other investors or the stock market (IPO) for a commission‚ I chose this field because
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customers) and the internal environment (organization itself) in order to generate and maintain competitive advantages. There are a lot of factors influencing the changes in strategic management. First is trend shift‚ change in tendency of customer will affect the target market and strategic management plan of a company (Fred Nickols‚ 2010). For example‚ Europeans enjoys extreme sports in winter such as snow sports. Thus‚ a company will have good sales of snowboards at that time. When the weather shifts
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balances were created by our founding fathers to create a fair well established republic and have a separation of power. There are three branches of the government the Legislative branch‚ Executive branch and Judicial branch. These branches were created to check each other and for no one to have total power. Each branch has certain responsibilities that are stated by the first three articles of the Constitution. I believe this type of government works. It has worked for many countries and has yet to fail
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variables the effect our socialization such as media‚ teachers‚ and sports. Two main ones are parents and peers. Since your parents and your peers are a big part in your life‚ they have a great impact on one’s socialization. One’s parents begin to affect them before anything else. My parents have been a major factor of my socialization throughout my life. Being the oldest child‚ it was woven into me to be industrious and always caring for my siblings. This caring is passed down to my five children
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Chapter 8 Discussion Questions 8-1. It is advisable to borrow in order to take a cash discount when the cost of borrowing is less than the cost of forgoing the discount. If it cost us 36 percent to miss a discount‚ we would be much better off finding an alternate source of funds for 8 to 10 percent. 8-2. Larger firms tend to be in a net creditor position because they have the financial resources to be suppliers to credit. The smaller firm must look to the larger manufacturer or wholesaler
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The government implements programs to assist individuals in living a better life. In 2009 a program called Cash for Clunkers or CARS (Consumer Assistance to Recycle and Save Act) was created to help get old makes and modeled automobiles off of the road (U.S. Department of Transportation Press Release). This program allowed individuals to voluntarily trade in and purchase vehicles under this act. This program helps consumers pay for a new‚ more fuel efficient car or truck from participating dealers
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