A Recently Opened Clothing Store Makes Sure That Every Time

question 55

Multiple Choice

A recently opened clothing store makes sure that every time a customer walks into the store,that customer is made to feel important by a customer service representative,regardless of whether the customer is intent on purchasing a product. Which reason for shopping is the store trying to appeal to?

• A) social experiences
• B) sharing of common interests
• C) interpersonal attraction
• D) instant status

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Definitions:

Residual Value

The estimated value that an asset will have at the end of its useful life, often used in calculating leases and depreciation.

Financial Lease

A type of lease in which the lessee has use of the asset for most of its useful life, and the lease terms closely resemble the terms of a purchase agreement.

Property Taxes

Taxes levied by local governments on real estate, based on the property's value, used to fund public services and infrastructure.

CRA

Canada Revenue Agency, the federal agency responsible for administering tax laws for the Government of Canada and for most provinces and territories.