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tia_tia [17]
2 years ago
10

______ costs are costs that make customers reluctant to switch to another product or service. Multiple choice question. Producti

on Supplier Consumer Switching
Business
1 answer:
Anna007 [38]2 years ago
3 0

"Switching costs" are costs that make customers reluctant to switch to another product or service.

<h3>What is Switching cost?</h3>

The expenses a consumer incurs as a result of switching brands or products are known as switching costs.

The possible switching costs are -

  • Financial,
  • psychological,
  • effort-based, and
  • time-based

The switching cost can be created by-

  • The value that points programs generate for the brands that use them and the customers who take part in them much outweighs their seeming simplicity.
  • By rewarding customers with points for every purchase, brands can increase the switching costs' motivating effect by giving their customers something to lose if they go to a rival.

To know more about switching costs, in the context of technology industries, here

brainly.com/question/15586831

#SPJ4

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A licensee makes a statement that is material to the transaction as though it were a fact when the licensee does not know whethe
aliya0001 [1]

Answer:

The correct answer is fraud.

Explanation:

A fraud is an action that is contrary to truth and righteousness. Fraud is committed to the detriment of another person or organization and is punishable by law.

This concept is associated with the scam, which is a crime against heritage or property. It consists of a hoax to obtain an asset, making the person or company that pays believe that you will get something that, in reality, does not exist.

5 0
3 years ago
.Cantlivia is a small and poor nation, but its current prime minister has a desire to create more wealth for her citizens. The p
makkiz [27]
<h2>Establish a business environment that promotes and rewards is the choice which the Prime Minister likely to choose.</h2>

Explanation:

The motto here is to increase the wealth of the country.

Option 1: Invading other countries is unethical and also, it cannot assure that, Cantlivia will improve. The reason is the country which the option says is poorer than Cantlivia, so point of growth could be seen.

Option 2: Already the country economy is down, so purchasing new tools is not possible hence this option is invalid.

Option 3: We can increase wealth only by creating business and creating entrepreneurs. So this is the right choice.

Option 4: Creating a barrier will actually slow down wealth. So this option is not right.

4 0
3 years ago
A share of Citigroup stock represents:a.An IOU, or promise to pay, from Citigroup b.A right to require that Citigroup pays all p
valkas [14]

Answer:

A share of Citigroup stock represents a claim on Citigroup's assets that gives the purchaser a share of the corporation.

Depending on whether you are an investor or the corporation, a bond is more or less riskier than a stock.

If you are an investor, buying a bond is safer than buying stock since in a worse case scenario where the company goes bankrupt, bond holders are paid before than stockholders. Also bonds provide fixed periodic payments (coupons) and a final payment of the face of the bond at maturity date.

If you are the corporation, issuing bonds is riskier than issuing stock since you have the obligation of making fixed periodic payments to bondholders (coupons) and must pay the face value at maturity date. On the other hand corporations don't have any legal obligation to pay dividends.

6 0
3 years ago
Here are the comparative income statements of Ayayai Corp..
Georgia [21]

Answer:

Ayayai Corp.

Horizontal Analysis:

                                          2020            Increase                 2019

Net sales                     $632,600  $110,700    21.2%     $521,900

Cost of goods sold       463,600     53,200    13.0%        410,400

Gross Profit                   169,000     57,500    51.6%          111,500

Operating expenses      79,300      32,100   68.0%          47,200

Net income                 $ 89,700     25,400   39.5%        $64,300

Explanation:

a) Data and Calculations:

AYAYAI CORP.

Comparative Income Statement For the Years Ended December 31

                                          2020             2019

Net sales                     $632,600     $521,900

Cost of goods sold       463,600        410,400

Gross Profit                   169,000          111,500

Operating expenses      79,300         47,200

Net income                 $ 89,700       $64,300

Percentage increase or decrease = (Increase/Decrease)/Base Year's Value

3 0
2 years ago
Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single
larisa [96]

Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single <u>lend out or invest.</u>

<h3>What is commercial banking ?</h3>

A financial institution that accepts deposits, provides checking account services, makes different loans, and provides fundamental financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses is referred to as a "commercial bank." Most people conduct their financial business at commercial banks.

Commercial banks generate revenue through making loans, including mortgages, vehicle loans, business loans, and personal loans, and charging interest on those loans. The money needed to fund these loans is provided by customer deposits to banks.

  • Commercial banks provide basic banking services, such as deposit accounts and loans, to individuals and small to medium-sized businesses.
  • Commercial banks profit from a range of fees as well as from the interest they get on loans.

To learn more about commercial banking  from the given link:

brainly.com/question/27793323

#SPJ4

5 0
2 years ago
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