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Martine Wants to Open an After-School Tutoring Service for Students

question 45

Essay

Martine wants to open an after-school tutoring service for students in 6th through 9th grade.How can a thorough knowledge of customers' expectations improve the probability of her success?


Definitions:

Selling Price

The price at which a product or service is sold to customers.

Retained Earnings

The portion of a company's profits that is not distributed as dividends to shareholders but is instead reinvested in the business or kept as a reserve.

Cash Available

The amount of cash that a company or an individual has on hand or can easily access.

Dividends

Payments made by a corporation to its shareholder members, often derived from the company's profits.

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