Marketing
Marketing
14th Edition
ISBN: 9781259924040
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
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Chapter 12, Problem 5AMK
Summary Introduction

To outline: The deposit service that Person X makes at the neighbourhood bank.

Introduction:

Service is consideredas an invisible activity or advantage that a company provides different services to satisfythe customers’needs by paying money or something that creates avalue.

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The cash collection cycle is the number of days it takes to collect accounts receivable. The measure is important for tracking the ability of a business to grant a reasonable amount of credit to worthy customers and collect receivables on time. ELABORATE the advantages and disadvantages of the collection agency for an organization.
Do you think that eliminating or limiting the amount of deposit insurance would be a good idea? Explain your answer
Assume you are a manager of a bank. How you will safeguard the deposits of the customers from financial losses Explain reasons for your answer.
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