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1 year ago

The key factor distinguishing retailers from other members of the supply chain is that.

1 answer:

3 0

The key factor distinguishing retailers from other members of the supply chain is that they sell to customers for their personal use.

<h3>What do you mean by customers?</h3>

A client is someone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration.
This definition applies to sales, business, and economics.
Customers who frequently purchase from a business establish conventions that enable regular, sustained trade, which enables the business to create statistical models to improve production procedures (which alter the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).

<h3>What types of customers are there?</h3>

5 different consumer types

New customers.
Impulsive buyers.
Angry customers.
Persistent customers.
Loyal customers.

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Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price

faltersainse [42]

Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Given that land was bought by Bob for $16390, the price is increasing at the rate of 6%, price of land today is $46817.

We are required to find the time for which Bob need to own the land so that the price of the land is $46817 today.

Compounding means calculating amount on the principal and the amount added interest.

Rate of increasing the price of land be 6%.

Price when Bob bought the land=$16390.

Price of land today=$46817.

It is like compounding of interest and the sum is calculated as under:

S=P* $(1+r)^{n}$

In the above equation P is theamount at beginning,r is rate of increasing and n is the number of years.

46817=16390 $(1+0.06)^{n}$

46817/16390= $(1.06)^{n}$

$(1.06)^{n}$ =2.8564

$(1.06)^{n}$ = $(1.06)^{18}$ (Approximately)

From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

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4 0

1 year ago

A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i

bonufazy [111]

I would tell them were other store you can by it that can have there produce available

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3 years ago

Explain five steps in product design for a business

Fittoniya [83]

Explanation:

Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.

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2 years ago

The highest level of awareness occurs when customers mention a specific brand name when asked about a product or service. Market

DIA [1.3K]

Answer:

top-of-mind awareness

Explanation:

the highest level of awareness, occurs when customers mention a specific brand name first when they are asked about a product or service

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2 years ago

Naumann Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Se

vova2212 [387]

Answer:

An increase in net operating income of $127,200

Explanation:

Consider the variable effect of the changes.

Sales ($400 x 400) $160,000

Less Variable expenses ( $82 x 400) ($32,800)

Contribution $127,200

therefore,

An increase in net operating income of $127,200

4 0

3 years ago