While external customers place orders for a good or service and ultimately pay for it, internal customers do not. External customers are also external to the organization supplying the good or service, but most internal customers are not.Know More
The external customer is the ultimate consumer of the company's goods or services, but the internal customer only facilitates the delivery to the external customer. The internal customer can be a coworker within the company, such as a worker in a different department. An internal customer can be part of an external organization that is intimately linked in with the company by providing services such as delivery of the goods to the external customer.
Ultimately, an external customer has the option of taking his needs to another company if he is unsatisfied with the present one, but an internal customer is likely to have a binding contract to the company.Learn more about Business Resources
Online processing refers to a method of transaction where companies can use an interface, usually through the Internet, to take product orders and handle payments from customers. Online processing is very popular because it can increase the efficiency of a company's sales operations and allow users to communicate with the online interface for their own needs.Full Answer >
Salon owners perform many functions on a daily and long-term basis, including purchasing items for their salons, interacting with customers, acting as bookkeepers, overseeing other employees and even marketing. Salon owners perform a diverse range of functions, but they begin with a degree in cosmetology, say officials at the Ogle School. In addition to a cosmetology license, salon owners may have backgrounds in business and even law so they remain aware of their legal rights and responsibilities and those of their customers.Full Answer >
Accounts receivables are invoices that a company issues to its customers, and an accounts receivable aging report details how old outstanding invoices are. It is a tool that allows a company to manage its credit risk.Full Answer >
Community Development Block Grants are designated for general projects that require major funding. Categorical grants provide targeted funding for specific projects. According to U.S. Rep. Adam Smith of Washington, these are the two main grants made available to states from the federal government.Full Answer >