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frutty [35]
2 years ago
15

quizlet What has become increasingly important to consumers' decisions to purchase items ranging from household goods to media p

roducts
Business
1 answer:
Ad libitum [116K]2 years ago
3 0

Online reviews has become increasingly important to consumers' decisions to purchase items ranging from household goods to media products

What is a review online?

Online Reviews are comments made by online visitors or customers about a product or service. These reviews, often referred to as 'social proof tools', are essentially pieces of User Generated Content (UGC) that are intended to help businesses build up an online presence as well as trust among their visitors

Are online reviews important?

For nearly 9 in 10 consumers, an online review is as important as a personal recommendation. Customers are likely to spend 31% more on a business with “excellent” reviews. 86% of people will hesitate to purchase from a business that has negative online reviews.

Why are online reviews important for businesses?

Online reviews have increasingly become the front to your digital reputation. Reviews help you get noticed, lead to more sales, improve search engine rankings, inform your business, and convince customers to pick up the phone and call you.

Why good reviews are important?

Very good (or bad) reviews have a way of quickly spreading. Encouraging consumers to review your company is an easy way to expand your brand's reach. When people have good things to say, they are also more likely to share their reviews on more sites, including external websites like Yelp, Four Square, and TripAdvisor.

Learn more about online business review  :

brainly.com/question/24115645

#SPJ4

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7nadin3 [17]

Answer:

c

Explanation:

3 0
3 years ago
________ measures the percentage of profit earned on each sales dollar before interest and taxes but after all costs and expense
pentagon [3]
I think it is D. Gross profit margin because that is you profit before all of added taxes and every thing else.
7 0
3 years ago
Binder Corp. has invested in new machinery at a cost of $1,450,000. This investment is expected to produce cash flows of $640,00
lina2011 [118]

Answer:

2.12 years

Explanation:

The calculation of the payback period is given below:

<u> Year           CF             Cumulative CF </u>

0         $(1,450,000)       $(1,450,000)

1            640,000            (810,000)

2           715,250            (94,750)

3           823,330           728,580

4           907,125           1,635,705

Now payback period is  

= 2 + ($94,750 ÷$823,330)

= 2.12 years

7 0
3 years ago
Finer Foods, Inc., a chain of supermarkets specializing in gourmet food, has been using the average cost method to measure its i
xenn [34]

Answer: (A) Change in an accounting principle  

Explanation:

 According to the given question, the finer food Inc., is one of the company which using the average cost technique for measuring the inventory process.

So, the change made in the company is reported in the form of financial statement as change in an accounting principle of flow of the physical products.

The accounting change is the term which is used for reporting an entity and the estimating and evaluation the various types of asserts and liabilities in an organization.  

 Therefore, Option (A) is correct answer.  

6 0
3 years ago
The organizers of a local music and arts festival approach the management of Ocelot Juice Bar, a popular business near the festi
pishuonlain [190]

Answer:

nonprogrammed decision

Explanation:

Nonprogrammed decision refers to a form of decision that is made based on new circumstances that never really happened in the past. Typically This type of decision happen when there is an external factor that mess up without initial plan.

In the example above, Ocelot need to consider their decision due to unexpected large expenses. This unexpected situation will force ocelot to explore a new solution that they never encountered before.

5 0
3 years ago
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