What Should You Do in the Body of an Adjustment

question 44

Multiple Choice

What should you do in the body of an adjustment letter?

• A)Explain who specifically is to blame for the problem.
• B)Explain how you are complying with the claim.
• C)Promise the customer that the problem will never happen again.
• D)Apologize profusely.

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Definitions:

Economic Environment

The total of economic factors, such as employment, income distribution, and investment opportunities, that influence the behavior of consumers and businesses.

Smoot-Hawley

Refers to the Smoot-Hawley Tariff Act of 1930, which raised U.S. import tariffs on thousands of goods, leading to significant trade reductions worldwide.

Trade Restrictions

Measures implemented by governments to regulate or limit international trade, including tariffs, quotas, and embargoes.

Domestic Industries

Industries that produce goods or services within a country’s borders, serving the local economy.