Author Question: A company has not received its payment from a customer even after sending the customer multiple ... (Read 558 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
A company has not received its payment from a customer even after sending the customer multiple reminders. In the final letter of a five-letter follow-up series to be sent to the customer, the company should:
 
  A. give the customer the benefit of the doubt.
  B. state what legal action will be taken if the customer fails to pay.
  C. insult and blame the customer.
  D. demand that the customer make the payment immediately.

Question 2

Collection letters are used to:
 
  A. remind certain customers that they have not paid their bills.
  B. respond to claim letters.
  C. make requests when there are problems with products or services.
  D. congratulate co-workers on their promotions.



jackie

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B
In the final letter of a five-letter follow-up series to be sent to the customer, the company
should state what legal action will be taken if the customer fails to pay. Using the five-letter
follow-up series provides a business with an effective and efficient plan for collecting payment
before taking legal action.

Answer to Question 2

A
A collection letter is a letter in which a company reminds certain customers that they have not
paid their bills. The goal is to get customers to pay without losing their goodwill.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library