You Own a Manufacturing Business in Texas,and You Are Concerned

question 26

Multiple Choice

You own a manufacturing business in Texas,and you are concerned because a large percentage of your annual sales are dependent on about five large customers spread out across the country.You know that the life of your business rests on your continued success with these customers.So,you have decided to take a proactive approach to solidifying your relationship with these customers,and their satisfaction with your products and services.You are committed to improving and enhancing your relationships with these key customers. ​
​Which of following actions should you take to solidify your relationship with these key customers?

• A)​Establish lateral partnerships
• B)​Implement a national account selling program
• C)​Offer these key customers more product discounts
• D)​Launch a grassroots marketing campaign
• E)​Launch an affinity marketing campaign

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Definitions:

Independent Audit Firm

A third-party organization or entity that performs financial audits on companies or individuals to ensure the accuracy and integrity of financial statements and compliance with applicable standards and regulations.

Fee Compensation

Payments made to professionals or firms for their services, typically in the context of advisory, management, or service provision roles.

Certify

To officially confirm or attest, often in writing, that information or a document is true and accurate.

Audited Financial Statements

Financial reports that have been examined and verified by an independent auditor to affirm their accuracy and conformity with accounting standards.