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Use the following information regarding Black Company and Red Company to answer the question "Which of the following is Black Company's "cost of goods sold" for 2013 (to the closest dollar) ?"
Customer Relationship Management (CRM)
The process by which companies get new customers, keep the customers they already have, and grow the business by increasing their share of customers’ purchases.
Specialty Leather Goods
High-quality, often handcrafted leather products that are distinguished by their unique design, materials, and purpose, catering to specific market niches.
Customer Loyalty Program
Marketing strategies designed to encourage customers to continue to shop at or use the services of a business through rewards and incentives.
Customer Purchase History
A record of all transactions a customer has made with a company, used to analyze buying behavior patterns.
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