Some Customers Do Not Use Debit or Credit Cards,sometimes Because

question 40

Essay

Some customers do not use debit or credit cards,sometimes because they are in a demographic cohort that prefers to use cash and sometimes because they have poor credit histories.This does not mean they cannot afford your product.If you were trying to market a product to these customers,which channel would be the focus of your attention: store or Internet?

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Definitions:

Balance Sheet

A financial statement that presents a company's financial position at a specific point in time, including assets, liabilities, and shareholders' equity.

Manufacturing Business

A business model that transforms raw materials into final products utilizing workers, machinery, and tools.

Direct Materials

Materials that can be directly associated with the production of specific goods, integral to their manufacturing.

Controller's Staff

Pertains to the team of accounting professionals supervised by the controller, responsible for managing a company’s financial and accounting functions.