Answer:
• Payment
• Present value
• Future value
Explanation:
The payment function can be used to determine the periodic repayment of loans or any amount which is to be invested at io as to reach targeted amounts in future. The formula for a payment is given as:=PMT (rate, nper, pv, [fv], [type])
The Present value can be defined as a financial function in excel which used in determining the value of future cash flows relating to today's terms. That is, how much amounts which is receivable in the future is available today.The formulas for present value is given as:=PV(rate,nper,pmt,(fv),type))
The future value can be used when determining how much a certain amount or investment will be worth at future time. The formula fir calculating future value is FV A = A * {(1 + r)n - 1} / r.
Answer:
The correct answer would be option B, The attractiveness of the store's location and the time it takes to travel to the store.
Explanation:
According to the Huff Gravity Model, The two factors which attract customers to a store location are the attractiveness of that store's location and the time it takes to travel to the store.
This means that according to the Huff theory, people will likely to purchase from a store which is present at a more attractive location and also the time taken to reach at that specific store is less. For example, I myself prefer going to Lulu Hypermarket over Panda Hypermarket because of the difference in the location of both the stores and also Lulu Hypermarket is more near to me than Panda Hypermarket. The location of Lulu is more attractive.
Answer: a) J.D. Power and Associates
Explanation: As there is an undue emphasis on measuring objective output performance by companies and organizations, data is collected and analysed. This data helps measure customer satisfaction which is a major predictor of repurchase of products or services. However, customer satisfaction is to a greater extent, largely influenced by performance evaluations of product, of quality, and of value. J.D. Power and Associates, a marketing firm is well known among the best-known companies as one that uses customer satisfaction surveys to evaluate service quality in various industries. Through its automotive research, it collects consumer responses for a variety of surveys which it uses to award car models rankings.
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