Eskimo​ joe's offers​ food, spirits, and logo merchandise to​ customers, who in​ turn, offer eskimo​ joe's money. What is this relationship known​ as?
a. Exchange
b. Shared value
c. Marketing
d. Customer equity
e. Marketing management

Respuesta :

The correct answer is A. Exchange

Explanation:

The word "exchange" refers to the process of receiving something while giving another thing that can be of the same kind or a different equivalent element. In business, exchange occur as different agents including sellers, buyers or costumers trade products, goods, money, etc. This implies, the relationship between Eskimo joe's and its customers is "exchange" because Eskimo Joe's provides food, logo merchandise, and other products and receives as a result of this money, which means there is a trade between different agents.

The correct option is (a). Exchange.

Eskimo Joe’s offers food, spirits, and logo merchandise to customers, who in turn, offer Eskimo Joe’s money, this relationship is known as an exchange.

Further Explanation:

Exchange:

An exchange is something that is getting in return and giving to someone anything. For example, Eskimo Joe offers food, spirits, and logo merchandise to customers, and in return Eskimo Joe’s get money. This is known as an exchange. The exchange of some products with money. Exchange can be done with anything like in exchange of fruits with milk, gold in exchange of money or cash, and many more.

Therefore, Eskimo Joe’s offers food, spirits, and logo merchandise to customers, who in turn, offer Eskimo Joe’s money, this relationship is known as an exchange.

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Answer Details:

Grade: High school

Chapter: Exchange

Subject: Business studies

Keywords:

Eskimo Joe’s offers food, spirits, and logo merchandise to customers, who in turn, offer Eskimo Joe’s money, this relationship is known as exchange, an exchange is something which is getting in return and giving to someone anything, Eskimo Joe’s offers food, spirits, and logo merchandise to customers, and in return Eskimo Joe’s get money, this is known as exchange, the exchange of some products with the money, shared value, marketing, customer equity, and marketing management.