A business plan for a startup export-import and marketing company should include key components such as an executive summary, company description, market analysis, product/service offerings, marketing and sales strategies, operational plan, and financial projections.
A business plan for a startup export-import and marketing company should include essential sections to provide a comprehensive overview.
These sections typically include an executive summary that provides an overview of the business plan, a company description that outlines the company's mission, vision, and legal structure, a market analysis that evaluates the target market and competitors, and a product or service description highlighting the unique selling proposition.
Additionally, the plan should cover marketing and sales strategies, operational plans detailing the day-to-day operations, and financial projections outlining the startup costs, revenue forecasts, and financial sustainability.
The business plan should delve into details such as the organizational structure, management team, and key personnel, as well as the company's marketing and sales strategies to reach the target market and gain a competitive edge.
The operational plan should outline the logistical aspects of export-import activities, including sourcing suppliers, managing inventory, and ensuring efficient transportation and distribution.
Financial projections should include startup costs, expected revenue, and profitability analysis, along with a break-even analysis and funding requirements.
Additionally, the plan should address risk management strategies and potential challenges in the export-import and marketing industry. Overall, the business plan should demonstrate the viability and potential success of the startup company in the export-import and marketing sector.
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Corinth's labor supply grew by 1.4% and land stock grew by 1% from 425 BCE to 424 BCE. Landowners received 50% of income. If total factor productivity grew by 0.3% find the growth rate of aggregate output.
Answer:
1.51%
Explanation:
Recall that:
Total Output = \(A\times K^a \times ^{1-a}\)
here;
A = total productivity factor
K = capital input
L = labor input
SInce Landowners gets 50% of income; then a = 0.50
\(= A\times K^ {0.50} \times ^{1-0.50}\)
Output at 424BBC
\(= 1.003A \times (1.014K)^{0.5}(1.01L)^{0.5}\)
\(= 1.003 \times (1.007)(1.005)AK^{0.5}L^{0.5}\)
\(=1.0151AK^{0.5}L^{0.5}\)
Thus, the growth rate from 425 BCE to 424 BCE :
= 1.0151 - 1
= 0.0151
= 1.51%
If jonathan worked for his mother's sole proprietorship, what salary would she have to pay him?
Tawana can lessen her circle of relatives tax burden by using maximizing deductions, using tax-efficient investments, and exploring income-shifting strategies. The pre-tax earnings had to generate $8000 after taxes for Jonathan is approximately $9411.76, and paying Jonathan a salary of $9411.76 would generate the desired after-tax quantity.
A) To lessen her family tax burden, Tawana may want to consider the following alternatives:
Take advantage of tax deductions and credits: Tawana needs to ensure she is claiming all eligible deductions and credits available to her as a sole proprietor. This should consist of commercial enterprise fees, domestic workplace deductions, or schooling-related tax breaks.Utilize tax-efficient funding strategies: Tawana can discover funding alternatives that provide tax benefits, which include contributing to retirement accounts like IRAs or 401(k)s. This can help lower her taxable profits.Consider income transferring: Tawana may want to explore approaches to shift profits to family participants with decreased tax prices, together with using her son in her business or utilizing profits splitting strategies in the circle of relatives.B) To calculate the pretax profits needed to generate $8000 after taxes for Jonathan, we want to account for his marginal tax charge of 15%. We can use the system:
Pretax profits = After-tax income / (1 - Marginal tax fee)
Pretax earnings = $8000 / (1 - 0.15) = $9411.76
Therefore, it presently takes Tawana approximately $9411.76 of pretax income to generate $8000 after taxes for Jonathan.
C) If Jonathan labored for his mother's sole proprietorship, Tawana might need to pay him a profit that, after accounting for his marginal tax fee of 15%, consequences in $8000 after taxes. We can use the reverse calculation:
Salary = After-tax income / (1 - Marginal tax fee)
Salary = $8000 / (1 - 0.15) = $9411.76
Therefore, Tawana would want to pay Jonathan an income of about $9411.76 to generate $8000 after taxes for him.
D) The method in element (c) might not result in any direct tax financial savings seeing that the amount paid to Jonathan as income could be similar to the quantity given to him by using Tawana. However, there might be capacity oblique advantages which include earnings shifting and tax-making plans opportunities, depending on the specific situations and tax laws applicable to their jurisdiction.
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The correct question is:
"Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $8000 a year for college expenses, Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15.
A) What could Tawana do to reduce her family's tax burden
B) How much pretax income does it currently take Tawana to generate the $8000 (after taxes) given to Jonathon?
C) If Jonathon worked for his mother's sole proprietorship, what salary would she have to pay him to generate $8000 after taxes (ignoring any social security, medicare, or self-employment tax issues)
D) How much money would the strategy in part(c) save?"
what is a security deposit?
The research department of the COLLEGE STU DENT EXPRESS Airline has estimated the income elasticity of demand for its overseas flights to be 4. Further, most economic forecasts predict a 3.5% increase in incomes for students during the upcoming year. If among the college students that flew last year, 120,000 had chosen the COLLEGE STU DENT EXPRESS and if one flight attendant is usually needed for every 300 passengers, estimate the number of additional flight attendants that need to be hired for the upcoming year.
An additional 456 flight attendants need to be hired for the upcoming year to accommodate the increased demand for overseas flights on COLLEGE STU DENT EXPRESS.
Based on the given information, we know that the income elasticity of demand for COLLEGE STU DENT EXPRESS overseas flights is 4. This means that for every 1% increase in income among college students, the demand for overseas flights on this airline will increase by 4%. Additionally, we know that there is a predicted 3.5% increase in incomes for students during the upcoming year.
To estimate the number of additional flight attendants that need to be hired for the upcoming year, we first need to estimate the increase in demand for overseas flights on COLLEGE STU DENT EXPRESS.
Let's start by calculating the percentage increase in demand that is expected due to the predicted increase in incomes:
Percentage increase in demand = Income elasticity of demand * Percentage increase in income
Percentage increase in demand = 4 * 3.5
Percentage increase in demand = 14
This means that we can expect a 14% increase in demand for overseas flights on COLLEGE STU DENT EXPRESS due to the predicted increase in incomes.
Next, we need to calculate the number of passengers that will be flying on COLLEGE STU DENT EXPRESS during the upcoming year:
Number of passengers = Number of passengers last year * (1 + Percentage increase in demand)
Number of passengers = 120,000 * (1 + 0.14)
Number of passengers = 136,800
So we can expect 136,800 passengers to fly on COLLEGE STU DENT EXPRESS during the upcoming year.
Finally, we can estimate the number of additional flight attendants needed by dividing the total number of passengers by the number of passengers per flight attendant:
Number of flight attendants needed = Number of passengers / Passengers per flight attendant
Number of flight attendants needed = 136,800 / 300
Number of flight attendants needed = 456
Therefore, we can estimate that an additional 456 flight attendants need to be hired for the upcoming year to accommodate the increased demand for overseas flights on COLLEGE STU DENT EXPRESS.
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The most common reason that systems fail is because the business requirements are either missing or incorrectly gathered during the analysis phase.a. trueb. false
Answer:
True. The most common cause of system failure is that the business requirements have not been correctly identified or accurately gathered during the analysis phase. If the requirements are not properly defined and understood, it is difficult to create a system that meets the needs of the business. Additionally, any incorrect assumptions made during the initial gathering of requirements can lead to costly errors and delays in system implementation.
Write down two or three ways you compare yourself to others.
با ما
Outline two reasons why a business such as AEC could not be
Successful without other firms providing natural resources
Answer:
Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.
Explanation:
The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.
The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.
state any five occupations in public service sector ?
Answer:
Government Education Health care Protective services (police officer, firefighter,etc.)Communty services (social workers, disability services workers, etc.)
The demographic information will tell you where to find the customers.
T
True
or
F
False
your roommate says, "sales taxes are reported as an expense in the income statement." do you agree?
When an item is sold to a customer, sales tax applies. This is categorized as a current liability that must be paid to the government rather than a cost.
Does VAT correspond to sales tax?A flat tax assessed on an item is known as value-added tax (VAT). It is similar to a sales tax in some ways, but unlike a sales tax, the consumer pays the entire amount owed to the government at the point of sale. With a VAT, different parties to a transaction each pay a portion of the tax.
What is an illustration of a sales tax?Take a look at this sales tax illustration. Before you check out at The Clothing Boutique, you should estimate your final bill after taxes. The sum of the prices of the items in your cart adds up to $100. In that county, the sales tax is 9.5%, so you would divide $100 by 9.5% (100 x 0.095).
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According to the video, what are some qualities needed by Computer Support Specialists? Check all that apply.
physical strength and fitness
graphic design skills
patience and understanding
knowledge of computers and software
verbal and written communication skills
marketing and sales skills
Answer:
patience and understanding
knowledge of computers and software
verbal and written communication skills
Explanation:
Just answered it on edge
Some qualities needed by Computer Support Specialists are as follows:
patience and understandingknowledge of computers and softwareverbal and written communication skillsSo, the correct options are C, D and E.
Who are Computer Support Specialists?A computer support specialist is also commonly known as an IT specialist, network technician, tech support specialist, or network specialist. Computer support specialists refer to those providing assistance and guidance to individuals or organizations that are using computer software or equipment are new-age professionals also known as computer network support specialists.
Their job is to support the information technology employees working in their organization. Computer support specialists are assigned a variety of responsibilities that differ depending on whether they provide network or direct user support.
Therefore, the correct options are C, D and E.
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List the basic elements of business plan
Answer:
Company Description
Market Analysis
Competitive Analysis
Marketing Plan
Sales Strategy
Explanation:
Mark me the brainliest if it helped
What is the impact of economic globalization to development?
Globalization is making the rich richer and the poor poorer. The health and education system in developing countries has benefited in a positive way due to the contribution of globalization. Education has increased in the recent years because globalization has created jobs that require a higher education.
What are the characteristics of globalization?For businesses engaged in production and distribution, this idea has made economies of scale possible. Additionally, it has promoted technology transfer and outsourcing between businesses and nations, strengthening their reliance.Globalization is the process that allows for seamless cross-border movement of people and things. It is primarily an economic idea: the integration of markets, trade, and investments with few obstacles preventing the free movement of goods and services across states.In general, elements related to economics, finance, politics, technology, and society have prepared the path for globalization. Lower trade and investment barriers are the key economic determinants.Globalization, which includes concerns about capitalism, economic justice, health, migration and immigration, communication, boundaries, education, etc.To learn more about the characteristics of globalization refer to:
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It's time to think like a manager. Corporate social responsibility is wonderful, though often criticized as purely rhetorical and laden with subtle profit goals. How can a manger emphasize genuineness of corporate social responsibilities and activities in society?
The correct answer to this open question is the following.
It's time to think like a manager. And more importantly, it is time to act like a manager and became a true leader.
Corporate social responsibility is wonderful, though often criticized as purely rhetorical and laden with subtle profit goals. That is why is so important that a manager could emphasize genuinely that corporate social responsibilities are a priority for the organization.
One good way to prove that and stop critics is to establish a series of programs and actions that benefit the environment and the community and that could be evaluated by the members of the society.
This includes mass media. Yes, the company has to open its doors and be willing and able to show the results of these programs. If the company has nothing to hide, it will have no problem to show its work and be proud of the monetary results as well as the social responsibility results that benefit the community.
where does the largest segment of revenue for the federal government come from
The largest segment of revenue for the federal government comes from income taxes paid by individuals and corporations. Other sources of revenue include payroll taxes, excise taxes, and tariffs. Income taxes are collected annually and are based on an individual's or corporation's income earned in the previous year. The amount of revenue generated from income taxes is dependent on factors such as the tax rate, the number of taxpayers, and the overall economic conditions.
It is important for the government to ensure that the content loaded with information about taxation is easily accessible and understandable for taxpayers to ensure compliance and a fair collection of revenue. Overall, income taxes remain the primary source of revenue for the federal government, providing funding for various public services and programs.
This revenue helps fund various government programs and services, such as defense, social welfare, infrastructure, and education. In addition to individual income taxes, other significant sources of revenue include payroll taxes, corporate income taxes, and excise taxes. However, it's important to note that individual income taxes remain the dominant contributor, allowing the federal government to operate and serve its citizens effectively.
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aristotle suggests that " the good for man is happiness", and considers three ideas of what " happiness" is. what are they, and how does he argue that none of them are "happiness"?
Aristotle suggests that the three ideas of "happiness" are pleasure, honor, and contemplation, but argues that none of them are true happiness.
Aristotle's view on happiness, as expressed in his book "Nicomachean Ethics," revolves around the concept of eudaimonia, which can be translated as "flourishing" or "the good life." He suggests three common notions of happiness: pleasure, honor, and contemplation.
The first idea Aristotle explores is pleasure. While pleasure can bring temporary satisfaction, Aristotle argues that it is not the ultimate goal of human life. He believes that pleasure is a byproduct of certain activities rather than the ultimate purpose itself. Pursuing pleasure alone may lead to a life of excess and indulgence, which ultimately hinders our overall well-being.
The second idea Aristotle examines is honor or recognition. He acknowledges the importance of external validation and social status, but he contends that these factors are not sufficient to define true happiness. Seeking honor for its own sake can lead to a shallow and unfulfilled life. Additionally, honor is often dependent on the opinions and judgments of others, which can be unpredictable and beyond our control.
Lastly, Aristotle considers contemplation, which refers to the intellectual and philosophical pursuit of knowledge and understanding. While he regards contemplation as a noble and fulfilling activity, he argues that it is not accessible to everyone. Contemplation requires a certain level of education, leisure, and intellectual capacity, making it an exclusive pursuit. Therefore, Aristotle suggests that although contemplation may bring a deep sense of satisfaction, it cannot be the sole criterion for defining happiness.
In conclusion, Aristotle rejects pleasure, honor, and contemplation as adequate definitions of true happiness. Instead, he proposes that genuine happiness lies in living a virtuous life in accordance with reason and fulfilling one's potential as a rational being.
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In which phase of the life cycle has the product design begun to stabilize? A. Introductory phase B. Growth phase C. Decline phase D. Maturity phase
Maturity phase of the life cycle has the product design begun to stabilize.
What is the life cycle's maturity stage?
Since the product has reached market saturation, business growth levels down during the maturity stage of the product life cycle. According to popular belief, this is where the money is to be earned, but it's also where the product - and company - is most vulnerable to disruption from below.
What occurs during the growth stage?
Customers are starting to really buy into the product when it enters the growth stage since consumers have acknowledged it as a viable option on the market.
This indicates that both demand and profitability are increasing—hopefully steadily and quickly. The product market is growing during the growth stage, and competition is starting to emerge.
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What is an example of your experience with cultural,racial and or economic diversity?
Answer:
One of the best examples that i can think of is the BLM protests.
In the height of the pandemic in 2020, there was an uproar following the mud3r of George Floyd and MANY more other Black people. So when people took to the streets to protest against police brutality, we saw all sorts of cultural and racial diversity protesting for the rights of our black brothers and sisters.
Explanation:
What health effect is metal fume fever considered?
Answer:
A Metal fume fever is a condition in which the sufferer has influenza type symptoms such as a raised temperature, chills, pains, nausea and dizziness. It is caused by exposure to the fume of certain metals
When an investor appropriately applies the equity method, how should it account for any investee Other Comprehensive Income (OCI)?
A) Under the equity method, the investor only recognizes its share of investee’s income from continuing operations.
B) The OCI would reduce the investment.
C) The OCI would increase the investment.
D) The OCI would not appear on the investor’s income statement but would be a component of comprehensive income.
E) The OCI would be ignored but shown in the investor’s notes to the financial statements.
The correct answer is D) OCI would not appear in the investor's income statement, but would be a component of comprehensive income.
The equity method is an accounting method that only recognizes the results of investments in an entity's income statement. This means that the comprehensive income (OCI) of an invested will not be included in the investor's income statement. However, OCI is included in the investor's comprehensive income, which is the result of all its investment activities as an entity.
Comprehensive income is the net income before taxes that is reflected in the investor's income statement. This means that OCI will have an effect on the investor's comprehensive income, although it will not be directly reflected in the income statement.
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They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
novak corp. issued $488,000 of 15-year bonds at a discount. prior to maturity, when the carrying value of the bonds was $473,360, the company redeemed the bonds at 98.
Novak Corp. issued $488,000 of 15-year bonds at a discount. This means that the total amount of money that the company borrowed, $488,000, was less than the stated value of the bonds; the company effectively got a discount on the cost of the loan.
Prior to maturity, the carrying value of the bonds was $473,360. This means that the face value of the bonds was higher than the current market value of the bonds. When the company decided to redeem the bonds, they did so at 98, which means that they paid 98% of the face value of the bonds.
This means that Novak Corp. paid $478,240 to redeem the bonds, which was slightly more than the carrying value of the bonds but still less than the face value.
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Social relationship marketing is often more effective than financial relationship marketing.
a) True
b) False
Social relationship marketing is more effective than financial relationship marketing when it comes to marketing products or services. A more detailed explanation is given below:Social relationship marketing has become a useful marketing strategy for various businesses, especially in the age of social media.
Social relationship marketing works effectively since it is all about fostering strong relationships with customers. By doing so, it creates an emotional bond with customers, leading to increased customer retention rates and generating positive word of mouth. Furthermore, this approach is suitable for companies that do not have a lot of financial resources since it is more focused on building relationships than spending money on advertising. The approach aims to give discounts, cashbacks, and other financial incentives to keep customers coming back.
While this approach can work, it is not sustainable since customers might switch to another business offering a higher financial incentive. Besides, this approach is less personal and might not build the same emotional connection as social relationship marketing does.In conclusion, social relationship marketing is more effective than financial relationship marketing since it creates strong and long-lasting relationships with customers. The correct answer is option a). True.
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Which is the first step in setting a financial goal?
a. setting aside leftover income
b. reducing your spending
c. tracking your spending
d. starting a second source of income
Answer:
All four actually.
Explanation:
In order to reach a financial goal you need to:
1. Save Money
2. Set and manage a budget (usually a monthly budget listing all your known expenses works)
3. Track your spending, and keep managing your budget.
4. Reduce your spending. If you are trying to reach a goal, a great line of thinking is “Only buy what you Need, Not what you Want”
5. If you are trying to reach a set financial goal quickly, then yes, it makes sense to find a secondary source of income, such as a part time job, or start a selling site on EBay, for items you don’t use anymore, etc.
Answer: B. reduce your spending.
Explanation: by not spending money this will allow you to save money for your financial goal.
What is the effect on real wealth and the quantity of aggregate demand if the price level falls?
Less demand for US products causes a decrease in aggregate demand in the US. This is a negative shift in the aggregate demand curve. A decrease in the price level leads to greater real wealth and more savings, which reduces the interest rate and increases investment.
What is investment?The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.
Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.
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The Harringtons go to a restaurant for lunch and their bill is $86. 20. After 6. 5% tax and tip, they pay a total of $100. If the Harringtons were exceptionally pleased with their service, decide if their tip reflected this. Explain your reasoning
The Harringtons left a tip of 8.93%, which is slightly above the typical 15-20% range for excellent service.
The Harringtons went to a restaurant for lunch, and their bill was $86.20. After a 6.5% tax and tip, they paid a total of $100. Let's analyze if their tip reflected their exceptional satisfaction with the service.
First, we need to calculate the tax amount. To do this, multiply the bill amount by the tax rate:
Tax = $86.20 * 6.5% = $86.20 * 0.065 = $5.60
Next, we add the tax to the original bill to find the bill's total before tip:
Total before tip = $86.20 + $5.60 = $91.80
Now, we can find the tip amount by subtracting the total before tip from the total amount paid:
Tip = $100 - $91.80 = $8.20
To determine the tip percentage, we can divide the tip amount by the bill's total before tip:
Tip percentage = ($8.20 / $91.80) * 100 = 8.93%
In conclusion, the Harringtons left a tip of 8.93%, which is slightly above the typical 15-20% range for excellent service. While their tip was not significantly higher, it does reflect that they were pleased with the service. However, it may not be considered an exceptionally generous tip.
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____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.
Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.
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Anna’s bank gives her a loan with a stated interest rate of 10. 22%. How much greater will Anna’s effective interest rate be if the interest is compounded daily, rather than compounded monthly? a. 0. 5389 percentage points b. 0. 1373 percentage points c. 0. 4926 percentage points d. 0. 0463 percentage points.
Anna's effective rate would be 0463 percentage greater than the interest is compounded daily, rather than compounded monthly.
The interest rate is given as 10. 22% or 0.1022 then the monthly effective rate would be:
\(\text{Effective rate} = (1+(\frac{r}{m})^{m})\)
\(\text{Effective rate} = (1+(\frac{0.1022}{12})^{12})\\\text{Effective rate} = 1.10712576\)
The daily effective interest rate would be:
\(\text{Effective rate} = (1+(\frac{r}{m})^{m})\)
\(\text{Effective rate} = (1+(\frac{0.1022}{365})^{365})\\\text{Effective rate} = 1.107589126\)
Hence, the difference in both rates of interest is calculated as:
\(\text{Difference of rates} = \text{Daily effective rate} - \text{effective rate}\\\text{Difference of rates} = 1.107589126-1.10712576\\\text{Difference of rates}= 0.00046336\)
Here, 0.00046336 would become 0.04634% when multiplied by 100.
Therefore, the correct option is d.
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Alex owns an event management company. His customer service strategy should focus on valuing customers for the growth of the company.
Answer:
The correct answer is: "D. Both external and internal".
Explanation:
The only possible answer to fill in the space is letter D because it is reasonable to think that a company should focus both on external and internal values for customers in order to make it grow for both parts. As it is an event management company, it is very important to highlight the external demands and how they come and go with clients, agencies, and subsidiaries, while the company must take care of their internal customers who are more responsible for maintaining their strategy going on properly.
Define general banking services offered by financial institutions