Hamed Golden Store.

brick-and-mortar >> Answer the presence of a physical storefront and face-to-face customer experiences closeout stores >> Answer off-price stores that offer an assortment of brand-name merchandise at a significant discount off the manufacturer's price commercial cue >> Answer advertising message that impacts purchase decisions comparison shopper >> Answer the customer who spends time searching for the best price or deal on the item she is looking to purchase con...

A good reason for creating an opening for discussion is to: >> Answer Get to know what the customer wants Which is an appropriate reasons for following up with a customer? >> Answer You finally located an item the customer asked for a while back T/F: Customer follow-up is always a good idea, no matter what the situation. >> Answer False How would you handle a situation where a customer wants a brand that you don't carry? >> Answer Get permission from him to show...

A retail business, owned by shareholders and have centralized decision making for their multiple store locations is called >> Answer corporation In the retail product cycle, what step comes after distribution and products? >> Answer selling What item is a retail product >> Answer car tire A large facility that manufacturers sent large quantities of product to then distributed to stores is called >> Answer distribution center The period key term in retail for a peri...

A good reason for creating an opening for discussion is to: • Break down the customer's sales resistance • Convince the customer how much you know about the product • Get to know what the customer wants >> Answer Get to know what the customer wants Which of the following are appropriate reasons for following up with a customer? • You are curious whether a gift your customer purchased was well received • You finally located an item the customer asked for a while back •...

Active Listening >> Answer A structured form of listening and responding that focuses attention on the speaker. The listener must pay attention to the speaker Repeat in own words what he/she thinks the speaker said Benefits >> Answer Advantages or rewards of product features Closed Ended Question >> Answer Questions that evoke one-word answers May I help you? NO Closed ended questions begin with: Do? Will? Can? Customer Service >> Answer The acting of taking ca...

Which of the following transactions does not affect the balance sheet? Select one: a. Paid off a $3,000 note payable b. Purchased $500 supplies on account c. Received $4,000 cash from a bank after signing a note payable d. Ordered a new machine that will be paid for upon its delivery in two months >>Answer d. Ordered a new machine that will be paid for upon its delivery in two months Tobias Company purchased inventory on account. This transaction will affect: Select one: a. Only t...

Investors>>Answer External users who use information to understand how companies are doing Creditors>>Answer External users who use information to understand the risk and uncertainties faced by companies Financial Statement>>Answer Primary focus of financial accounting, provides information about company financial situation Balance Sheets>>Answer Financial statement that shows the company's assets, liabilities, and equity at a specific point in time Income Stateme...

Accounting>>Answer Recording, classifying, and summarizing financial transactions. Accounting equation>>Answer Assets = Liabilities + Equity. Assets>>Answer Resources owned by a business that provide future benefits. Audit>>Answer An examination of financial records to ensure accuracy and compliance. Auditors>>Answer Professionals who perform audits and verify financial statements. Balance sheet>>Answer A financial statement that shows assets, liabilities...

Stockholder>>Answer an owner of shares in a company Creditor>>Answer a person or company to whom money is owed. Creditors make money on a loan by charging interest. Interest>>Answer A fee that is charged by a lender to a borrower for the right to use the borrowed funds. The interest charge typically is expressed as an annual percentage rate. Dividends>>Answer a distribution of a portion of a company's earnings to a class of its shareholders. Internal Decision Make...

₱80M>>Answer Entity A has ending total assets of ₱150M and ending total liabilities of ₱90M. Entity A had a beginning equity of ₱30M. If Entity A incurred total expenses of ₱50M during the year, how much was the total income? Only statements I, II and V>>Answer Evaluate the following statements. Which of the following is/are correct? I. Accounting is an information system that measures, processes and communicates financial information about an economic entity. II. Ac...