The Bird of Paradise Flower Is One of the World's

question 92

Multiple Choice

The Bird of Paradise flower is one of the world's most stunning tropical flowers standing tall and radiant with colour.When Josiah knows he is receiving flowers from Hawaii,he e-mails all of his customers who he knows enjoys the flower,and informs them of the upcoming shipment.Josiah's program is an example of:

• A) frequent shopper programs
• B) special customer sales promotions
• C) gaining competitive advantage
• D) special customer services
• E) 1-to-1 retailing

---

Definitions:

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered or used but not yet paid for.

Accrued Interest

The interest that has been earned but not yet paid, accumulating on loans, bonds, or any other financial instruments over a period of time.

Notes Receivable

Financial assets representing amounts owed to a company by debtors, typically evidenced by formal instruments with specified payment terms.

Factoring Fee

A charge assessed for the service of factoring, where a business sells its receivables to a third party at a discount.