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2 years ago

Organizations can lock in suppliers by making it difficult to switch to another organization or by ________.

1 answer:

8 0

Organizations can lock in suppliers by making it difficult to switch to another organization or by <u>making it easy to work with the organization.</u>

What is the purpose of creating Lock-In?

'Lock in' aims to make it difficult for customers to switch from your brand or offering to a competitor's offering. It can accomplish this by increasing switching costs or the effort required to transfer (soft lock-in) and providing positive reasons to stay, such as superior brand experience or incentives.

Benefits of Lock-In:

Regular customers: Because of the lock-in mechanism, customers will make a subsequent purchase.
Customer data: Track customer purchase behaviour over time and predict trends, allowing your company to adapt to their needs and potentially increase purchase frequency or basket size.
Predict cash flow: Organization can estimate more accurate cash flow, which can aid in consistent organization's growth.

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Manny's manager wants to add each client's birthday to the database. manny will need to _____.

AnnyKZ [126]

Insert A new field... C.

3 0

3 years ago

Read 2 more answers

What is round to the nearest 10.000?

liraira [26]

If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000

7 0

3 years ago

A sale transaction closes on April 15th. The day of closing belongs to the seller. Real estate taxes for the year, not yet bille

Rasek [7]

Answer:

$607

Explanation:

Data provided in the question:

Date of closing of sales transaction = April 15

Expected tax for the year = $2,110

Number of days in an year = 365

Now,

Per day tax = [ Expected tax for the year ] ÷ [ 365 ]

= $2,110 ÷ 365

= $5.781 per day

Time period from January 1 to April 15 in days = 105 days

Therefore,

The seller's share of the tax bill

= Per day tax × Time period from January 1 to April 15 in days

= $5.781 × 105

= $606.98 ≈ $607

6 0

2 years ago

A firm is thinking about adding a product to its product line. What is the most likely outcome if the firm goes through with thi

Alinara [238K]

The <u>most likely outcome</u> when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products

<h3>What is product advertising?</h3>

Product advertising:

Is a management effort geared towards creating a demand for a product.
Promotes consumer awareness.
Fosters consumer interest in the product.
Encourages consumers to make purchase decisions quickly as they see the product.

Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.

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<h3>Question Completion with Answer Options:</h3>

A. It will be difficult to manufacture the product.

B. The company will have to work hard to build up the brand.

C. The new product is certain to be accepted by the market.

D. The new product can be advertised alongside existing products.

E. It will take a long time for customers to feel loyal to the product.

7 0

2 years ago

Paparo Corporation has provided the following data from its activity-based costing system:

BARSIC [14]

Answer:

Unitary total cost= $123.74

Explanation:

<u>First, we need to calculate the activities rates to allocate costs:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 926,800/56,000= $16.55 per machine-hour

Processing orders= 68,310 / 1,800= $37.95 per order

Inspection= 103,360 / 1,360= $76 per inspection-hour

<u>Now, we can allocate costs based on actual activity:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 16.55*1,060= 17,543

Processing orders= 37.95*80= 3,036

Inspection= 76*20= 1,520

Total allocated costs= $22,099

Unitary allocated costs= 22,099/700= $31.57

<u>Finally, the unitary total cost:</u>

Unitary total cost= 31.57 + 51 + 41.17

Unitary total cost= $123.74

8 0

2 years ago