Warranties do little to inform the customer about perceived product quality and manufacturer commitment to customer satisfaction.
Proper products ought to have a stable value proposition and solve a real hassle, be comprehensible via customers, perform their undertaking as effortlessly and efficaciously as viable, and emerge as better and tougher to component with the more they may be used.
The perceptions customers have of a brand, its values and its products and services may have a dramatic effect on client buy behavior. If a business can foster effective perceptions targeted on these aspects, it is in all likelihood to construct a sustainable, loyal and growing consumer base.
Customer notion is extraordinarily motivated by the non-public revel in that a patron had even as buying and using a particular product. If the pleasant, customer support, rate, logo, coloration, discounts.
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Answer:
Coordination of benefits
Explanation:
When someone has 2 different health policies from 2 different insurance companies, both policies must work together and that is called Coordination of Benefits.
In case of a married couple, where the wife is insured by both her employer and her husband's health policy, the primary insurer is the wife's employer. The husband's health insurance will provide the secondary coverage.
The secondary insurer kicks in when medical are not fully paid by the primary insurer, and they must pay their share depending on their coverage.
Answer:
Workers may be better off or worse off because the real wage in terms of the agricultural good falls and the real wage in terms of the manufactured good rises.
Explanation:
Because the country has comparative advantage in manufacturing, opening to trade means that the manufacturing sector will grow because it will now export goods to other parts of the world. This will increase the real wages of manufacturing workers.
However, the country does not have a comparative advantage in agriculture, and this means that the agricultural sector will likely shrink, because consumers will be able to access cheaper and higher quality agricultural goods from other regions. This will cause agricultural workers' wages to fall.
