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dlinn [17]
2 years ago
9

Consumers will bear switching costs if: a. the benefits of adopting the new technology outweigh the costs of switching. b. switc

hing costs are substantial. c. the new products are packaged attractively. d. there is a lack of complementary products. e. the new technology is advertised subtly.
Business
1 answer:
Katarina [22]2 years ago
3 0

Answer: a. the benefits of adopting the new technology outweigh the costs of switching.

Explanation: Switching costs are defined as those cost the consumer pays as the result of changing brands or products, but can also be manifested in the form of time and effort spent during the switching process, the risk of disruption of business operations during the period of switching etc. and so therefore, switching costs can be monetary, psychological, effort-based, or time-based.

Companies with difficult-to-master products and low competition often times will use high switching costs to maximize profit by typically employing strategies that incur high switching costs on the consumer. Therefore, consumers will bear the costs of switching if the benefits of adopting the new technology outweigh the costs of switching.

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The IMC channel that has received the greatest increase in aggregate spending recently is ________, or marketing that communicat
wariber [46]

The IMC channel that has received the greatest increase in aggregate spending recently is direct marketing  or marketing that communicates directly with target customers to gener­ate a response or transaction.

<u>Explanation: </u>

Direct Marketing is a promotional strategy based on the distribution to potential customers of a marketing strategy.  

The Systems of distribution used include mail, online and texting. Direct marketing is named because it removes intermediaries, like publicity media, in particular.

Direct marketing focuses instead of media advertising on delivery to individual consumers.   In much direct marketing, the call to action is a common factor.   It is easier to quantify than media advertising that direct marketing is successful.

In a number of direct marketing, the call for action is a special element. You are instructed to respond immediately to the request through a free telephone number, a reply card or a reference in the email advertisement. The recipient must also access the letter. A positive measure of a future purchase is any reply. Personal advertising is often linked to as ads for direct responses.

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2 years ago
Global use of cell phones grew rapidly between 1989 and 2000. below is a scatterplot of the percentage of people in the world wh
Minchanka [31]

Answer:

Explanation:

A)

The regression equation is,

ln(Cell Phone Subscribers) = -820.894 + 0.411704 Year

or,

Percent of Cell Phone Subscribers = exp(--820.894 + 0.411704 Year)

For the year 2005,

Percent of Cell Phone Subscribers = exp(--820.894 + 0.411704 * 2005)

= 96.79%

B)

P-value for the significance of the slope is very low (0.000). Thus, the model is statistically significant and the prediction of the model is highly reliable.

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2 years ago
Gaur sells Jensen equipment under an arrangement whereby Gaur delivers the equipment on January 1, 2021 and receives payment on
S_A_V [24]

Answer:

B. Credit to sales revenue

Explanation:

As per revenue recognition principle, revenue should be recognized when it is earned and not when cash is received.

As per accrual basis of accounting, revenue is to be recognized when the ownership of the goods has been passed by the seller to the buyer and there is reasonable assurance that payment would be received.

When a sale is effected and goods are delivered with reasonable certainty that payment would be received, following journal entry is recorded:

Accounts Receivable A/C                                Dr.

     To Sales Revenue

(Being equipment sold recorded)

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2 years ago
An owner can lease her building for $120,000 per year for three years. The explicit cost of maintaining the building is $40,000,
Sergeeva-Olga [200]

A) Accounting profits dont take implicit costs into account, only "real" or quantifiable costs. Thus the present value of a 120,000 lease at 5% for three years with explicit costs of $40,000 maintenance is: 

PV = [ FV/(1+r)^n ] - (Explicit Cost) 

PV = 120000/(1.05^3) - (40000*3) B) same thing but add implicit costs ... 

PV = 120000/(1.05^3) - (40000*3) - (55000*3)

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2 years ago
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Ludmilka [50]

Answer:

True

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The codes of conduct are the set or collection of conduct in an organisation that are specified for the particular organisation. These conducts may be following:

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These codes of conducts are to be followed by the individuals associated with organisation.

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