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Luba_88 [7]
2 years ago
14

If firms in the travel industry compete through nonprice competition, these statements are all true except which one?

Business
1 answer:
Liula [17]2 years ago
3 0

The  statements about nonprice competition  that is false is a) Companies that use nonprice competition do not need to keep track of their competitor's prices.

<h3>What is nonprice competition?</h3>

It should be noted that the is not complete, this is just a related question, Non-price competition can be regarded as a marketing strategy whereby  firm tries to distinguish the  product or service of their company  from competing products .

In this case, in Non-price competition,  company must be able to distinguish its brand through some unique feature in order to successfully engage in nonprice competition.

Learn more about nonprice competition on:

brainly.com/question/1580879

#SPJ1

CHECK THE COMPLETE QUESTION;

Which of the following statements about nonprice competition is false?

a) Companies that use nonprice competition do not need to keep track of their competitor's prices.

b) A company must be able to distinguish its brand through some unique feature in order to successfully engage in nonprice competition.

c) A firm using nonprice competition can build loyalty to both its company and its products.

d) When using nonprice competition, a company should promote the distinguishing characteristics of its brand.

e) Buyers must view the distinguishing characteristics of a product offered through nonprice competition as being important.

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Andreas is giving a speech to convince audience members that they can become millionaires by investing 20% of their income in st
Dmitry_Shevchenko [17]

Andreas is giving a speech to convince the public that they can become millionaires by investing 20% of their income in stocks or real estate. He uses a microphone to ensure they can hear him. As he speaks, it starts to rain heavily, so he closes the windows.

After he finishes, listener Aya thanks him and says she didn't realize how quickly the investments can grow, being the action of using the microphone to the speech channel effective so that Andreas could carry out his speech without being interrupted by external noises.

<h3 /><h3>How to make a good speech</h3>

It is essential that the speaker prepares in advance for his presentation, which will generate greater confidence that helps to retain more attention from the audience.

It is essential to know in depth about the topic to be discussed and to use support materials that make the presentation more dynamic and engage the public to participate and be interested in the subject.

Therefore, it is essential to prepare in advance for a speech, just like Andreas, who prepared and used the microphone in the speech channel to establish better communication during his presentation.

This is an incomplete question, whose alternatives to the question <em>"Which action concerns the speech channel?"</em> they are:

A. Using the microphone

B. Closing the windows

C. Thanking the speaker

D. Investment income

And the correct alternative is letter A.

Find out more information about speech here:

brainly.com/question/24926264

8 0
3 years ago
Taco Casa is considering installing touch screen terminals for patrons to place their food orders. A terminal can typically acco
snow_lady [41]

Answer:

$0.8

Explanation:

Data provided in the question:

Number of orders each hour = 15

Number of orders processed each hour = 20

Wages = $7.50/hr

Taxes = $4.50/hr

Now,

Total cost per hour = $7.50 + $4.50 = $12

Therefore,

By installing touch screen, Taco Casa can save $12 per hour

but touch screen can accommodate only 15 orders

Thus,

Per order opportunity cost of a touch screen

= Total amount saved ÷ Number of Orders accommodated by touch screen

= $12 ÷ 15

= $0.8

6 0
3 years ago
Danks Corporation purchased a patent for $405,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, Da
Andrei [34K]

Answer:

Amortization Expense for year 2021 $90,000

Explanation:

The computation of the amount that should be reported for patent amortization for the year 2021 is shown below:

But before that following calculations need to be done

The value of the patent as of 31st Dec, 2020

Purchase Value as of Sep 1,2019 $405000

Less:- Amortization Expense for the year 2019 $13,500

($405000 ÷ 10 × 4 ÷ 12)

Less:- amortization expense for the year 2020 $40500 ($405,000 ÷ 10)

Value of patent as on 1st Jan, 2021 $351,000

Add:- fees to defend $99000

New Book Value for the year 2021 $450,000

Now Remaining Useful Life 5 years

So,

Amortization Expense for year 2021 $90,000 ($450,000 ÷ 5)

6 0
3 years ago
Using the Exxon data as an example, what would be the market capitalization of Penny's Pickles if each share is selling for $175
ElenaW [278]

Answer:$1,753,500

Explanation:I multiplied the amount of stacks availible and how much the stocks cost.

5 0
3 years ago
Read 2 more answers
After visiting several automobile dealerships, Richard selects the car he wants. He likes its $10,500 price, but financing throu
Len [333]

Answer:

a) Total Interest Paid in 24 months is $1680

b) Total Cost of the car is $12180

c) Monthly Payment is $420

d) Annual Percentage Rate  is 10.47%

Explanation:

(a) Loan Amount = $8400

Interest Rate = 10%

Monthly Interest = 8400 x (10%/12)

                            = $70

Total Interest Paid in 24 months = 24 x 70

                                                     = $1680

(b) Total Cost of the car = Loan Amount + Interest Paid + Down payment

                                       = 8400 + 1680 + 2100

                                        = $12180

(c) Monthly Principal Payment = 8400/24

                                                  = $350

Monthly Payment = Monthly Interest Payment + Monthly Principal Payment

                              = 70 + 35

                              = $420

(d) Annual Percentage Rate = (1+ 0.10/12)12 - 1

                                              = 0.1047

                                               = 10.47%

7 0
3 years ago
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