If You Extend Credit for a One-Time Sale to a New

question 92

Multiple Choice

If you extend credit for a one-time sale to a new customer, you risk an amount equal to the:

• A) sales price of the item sold.
• B) variable cost of the item sold.
• C) fixed cost of the item sold.
• D) profit margin on the item sold.
• E) fixed and variable costs of the item sold.

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Definitions:

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various methods like teaching, training, and research.

Indirect Approach

is a strategy that addresses the main point or issue at the end of a communication, creating a buildup to the main message.

Psychographics

The study of personality, values, opinions, attitudes, interests, and lifestyles to understand an audience.

Audience Analysis

The study of the characteristics, needs, and preferences of the target audience to tailor messages or products more effectively.