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adell [148]
2 years ago
4

Spokes Bicycles is looking to change up its promotional strategy and focus on its relationships with customers. Which of the fol

lowing is required for Spokes to build meaningful relationships with its customers?
a. Giving consumers access to limited information
b.Tracking customer purchases
c. "Promoting to" rather than "working with" customers
d. Offering full-service purchases over their cell phones
Business
1 answer:
larisa [96]2 years ago
8 0

Answer:

<em>The correct answer is:</em> b.Tracking customer purchases

Explanation:

Building meaningful relationships with customers corresponds to an advantageous strategy for any company, since technological changes have revolutionized consumer relations and brought the company and the consumer much closer together, in addition to increasing the flow of information that favors the appearance of each time more products and solutions.

Therefore, it is necessary for the company to be aware that selling products or services, goes far beyond actually selling, to create relationships and position your brand in the market, it is necessary to provide an excellent service, which can be achieved by tracking the purchases of the customer, which provides a series of essential data for the company to personalize its service according to the characteristics, profile, tastes and needs of its customer, which brings the company closer to the consumer, creates a loyalty relationship and increases the value from the company.

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International Exchange has three divisions: A, B, and C. Division A has the least risk and Division C has the most risk. The fir
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Answer:

A, B, and C. Division A has the least risk and Division C has the most risk.

Explanation:

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6 0
2 years ago
Which of the following is an incorrect statement regarding Bonus Depreciation? A. Bonus Depreciation is useful to very large bus
daser333 [38]

Answer:

C. Bonus Depreciation only covers new equipment.

Explanation:

Bonus depreciation is the depreciation provided on additional capital investment. This is depreciation for tax base calculation, where any purchase of eligible asset is depreciated extra that means the purchase price is allowed as standard deduction in first year of it's purchase.

There is no such primary condition that the asset shall be new equipment only.

Therefore, incorrect statement is C

8 0
2 years ago
A private pilot wishes to insure his airplane for$200,000. The insurance company estimates that a total loss will occur with pro
Finger [1]

Answer:

The answer is: $6,900

Explanation:

To determine how much the insurance company should charge, we must first calculate the amount of money they expect to pay:

  • total loss $200,000 x 0.002 = $400
  • 50% loss $100,000 x 0.01     = $1,000
  • 25% loss $50,000 x 0.1         = $5,000

                                                 Total  $6,400

If the insurance company expects to pay $6,400 per year, they will have to charge $6,900 ($6,400 + $500) to cover their expenses and earn a $500 profit.

4 0
2 years ago
________ is the movement to protect the valid interests of consumers and is a major force in small business today.
andre [41]
Consumer protection is the movement to protect the valid interests of consumers and is a major force in small business today
7 0
2 years ago
The theory of _____, developed by Michael Porter, focuses on the importance of country factors, in addition to factor endowments
Lynna [10]

Answer:

The correct answer is letter "D": national competitive advantage.

Explanation:

American Professor Michael Porter (born in 1947) proposed the National Competitive Advantage Theory to give an idea of why some countries achieve success in determined industries compared to others. The theory, in other words, aims to explain nations' competitive advantage and the path to reach it.

Also known as Porter's Diamond Model, the factors Porter based his concept on are <em>firm strategies, structure and rivalry; related industries; demand conditions; </em>and<em>, factor conditions.</em>

7 0
2 years ago
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