Hiro Sells Building Materials to Local Contractors

question 7

Multiple Choice

Hiro sells building materials to local contractors.He wants to build long-term relationships with his contractors through effective follow-up.After delivering the materials ordered,Hiro can demonstrate __________ by checking with his contractors right after the delivery and addressing any problems promptly.

• A) assurance and profitability
• B) responsiveness and empathy
• C) tangibility and competence
• D) profitability and reliability
• E) reliability and tangibility

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Definitions:

Monthly Interest Rate

The proportion of a loan or investment's principal that is charged or earned as interest every month, recalculated based on the period.

Incremental Cash Flow

The additional cash flow a company receives from taking on a new project, important for analyzing the potential profitability of investment opportunities.

Incremental Cash Inflow

The additional amount of cash generated by a company from its operations, investments, or financial activities.

Net 30 Credit Policy

A common trade credit that allows buyers 30 days to pay the invoice in full after receiving goods or services.