To Build Relationships,firms Focus on the ___________ of the Relationship,not

question 134

Multiple Choice

To build relationships,firms focus on the ___________ of the relationship,not how much money is made during each transaction.

• A) cost
• B) lifetime profitability
• C) length
• D) value
• E) worth

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on a proportion of its profits.

Gain Recognition

The process of recording increases in asset value, typically when assets are sold for more than their book value.

Consolidated Income Statement

A financial statement that combines the income, expenses, and profits of a parent company and its subsidiaries to present the overall performance.

Subsidiary Sold Land

An event where a company owned by another company sells a piece of real estate.