Answer: 1. The core benefit
2. Expected product
Explanation:
Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.
The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;
a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.
b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.
Answer: INTEREST-ONLY LOAN
Explanation:
An interest-only loan is a type of loan where the debtor pays only interest in the interim period but the pays the principal at a specified date in a lump sum.
This kind of loan can be structured in different ways per borrower but the above is the basic nature of such loans.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $4,680
Credit card expenses A/c Dr $120 ($4,800 × 2.5%)
To Sales $4,800
(Being the deposit is recorded and the remaining balance is debited to the cash account)
We debited the cash and the credit card expenses account and credited the sales account so that proper entry would be recorded.
Answer: Bill's offer is ethical and legal and he can accept compensation for handling the escrow.
Explanation:
An exclusive listing refers to the type of real estate listing agreement whereby a broker is chosen as the sole agent of the seller. It should be noted that the right to retain the property is held by the seller rand has no obligation to the broker.
Based on the information given, it can be infered that Bill's offer is ethical and legal and he can accept compensation for handling the escrow.
Canada will be least comfortable with this type of a structure.
Explanation:
An organizational system which is based on a hierarchical, structured network, is also called a bureaucratic structure. The layout of the system is best suited for companies operating in a safe and unique climate. Generally, a mechanistic system is easy to manage. When a business operates in a stable environment, it never needs to be changed.
Authority represents a well-defined hierarchy of mechanistic organisations, with top managers taking the majority of decisions. Since the world is relatively stable, there is no need for complicated decision-making procedures spanning many parties. Subordinates should obey and not challenge their reasoning in the course of management. Unlike actions, contact often flows via or from the top down hierarchical paths.
