Mort approached the chief lending officer at first virginia bank about obtaining a $75,000 loan.
the banker said she would approve the loan provided that the funeral home's
pledged as collateral. the banker was offering a(n):
a. trade credit agreement.
b. institutional loan.
c. secured loan.
d. revolving credit agreement
the answer here is false
(a) creating superior customer value and satisfaction.
when customers are satisfied with products and services, it tends to build a lasting relationship, and that is why some customers will stick to a particular product for years irrespective of change in price or change in income. value to customers as to do with what they benefit from your product or services rendered, and so to create superior customer value satisfaction, you need to understand what your customers really want and ensure that they get value/benefit.
in conducting their research, economists face an obstacle that not all scientists face; specifically, in economics, it is often impractical to (b) conduct laboratory experiments. unlike other fields of science such as geology or medical field, where experiments can be be performed in a laboratoty, economics is a science which studies human behaviour, this makes it impractical to conduct experiments in a lab.