Freldine Is a Company That Manufactures and Sells Different Kinds

question 64

Multiple Choice

Freldine is a company that manufactures and sells different kinds of mattresses. Since it does not have any direct retail outlets, Freldine's products are bought by customers from home furnishing stores and e-commerce websites. In the context of customer relationship management, Freldine most likely establishes _____ with its customers.

• A) limited relationships
• B) partial partnerships
• C) full partnerships
• D) distinct relationships

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Definitions:

Purchase Allowances

A reduction in the purchase price, allowed by the seller to the buyer, often due to minor defects or quality issues in the goods.

Buyer Acquires

The process where a buyer takes possession or ownership of goods or property from a seller.

Quick Assets

Liquid assets that can be quickly converted into cash without significantly affecting their value, such as marketable securities and accounts receivable.

Acid-Test Ratio

A financial metric used to determine a company's short-term liquidity by comparing its most liquid assets (excluding inventory) against its short-term liabilities.