Which of the following events occur when there is minimal focus on customers?

A) high customer loyalty
B) reduction in customer turnover
C) below-average profits
D) long-run strategies to improve sales
E) low cost of marketing and sales

C

Business

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Diversification strategies involve increasing sales of existing products in existing markets

Indicate whether the statement is true or false a. True b. False

Business

Which of the following illustrates the internal control procedure—separation of duties?

A) Cashiers must not have access to accounting records. B) External auditors will monitor internal controls. C) Electronic devices must be installed to reduce theft. D) The invoices and other documents must be pre-numbered.

Business