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2 years ago

a product possesses a competitive advantage when it enjoys a superior position over competing products because

Business

1 answer:

Lana71 [14]2 years ago

8 0

Compared to other products in its category, consumers think it is more valuable.

<h3>What does a competing product entail and Types of competitive products?</h3>

The items and services that your target market could prefer over yours are called competitive products. By comparing a competing product's characteristics and solutions to your own, you may determine which one it is.

Competitive goods might include:

Clothing and toys are examples of tangible goods.

Streaming media apps, online courses, and ebooks are examples of digital goods.

Live events, such as gatherings, shows, and festivals.

Consultative, coaching, and design services are examples of professional services.

Types of competitive products:

Direct competitive products.

Indirect competitive products.

Replacement competitive products.

To know more about competitive products visit:

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Select a business/company that you feel does not understand the psychology of waiting and provide examples in their process wher

kramer

Answer:

Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :

a) Uncertain Waits Are Longer than Explained Waits - There is no clarification or sureness with respect to how a lot of time it will take for the espresso or your refreshment to be conveyed while you are in that line. This is questionable as the client's before you would request mass requests which may take additional time than only one espresso. In this way, these holds up are questionable.

b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.

c) Individual Waits Feel Longer than Group - Now very likely in a line, we will have people who are standing by solo for their request in the line. In this manner, the performance hold up will feel longer than holding up in an organization of companions or additionally little converses with outsiders or conveying here and there. In this manner, the issue of solo holding up is a distress and it remains.

5 0

3 years ago

A three-year bank CD paying 7.23 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to

Serggg [28]

Answer:

Follows are the solution to the question:

Explanation:

m = 4,

EAR = $(1 + \frac{0.08}{4}) \times 4-1$

$= 1 + 0.02 \times 4-1\\\\= 1 + 0.08 -1\\\\= 0.08\\\\$

The successful quarter cumulative rate of interest = 8.24 \%

In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

To pick the worksheet, click ICONV 2.

Its previous meaning will represent the NOM.

To clear the worksheet, click [CLR WORK] 2nd

Continue as below.

Displayed keystrokes:

NOM = previous value 2nd ICONV:

NOM = 0.00 2nd CLRWORK:

8 DAYS: Name = 8.00.

EFF: DownArrow = 0.00

DownArrow: C / Y = meaning previous

DOS: C / Y = 5.00 p.m.

EFF: DownArrow = 0.00

CPT: FRP = 8.24

3 0

3 years ago

Present values Suppose going to college costs 20,000 a year. The average earnings of a highschool graduate are 20,000 a year. By

o-na [289]

Answer:

Annual benefit from college education (Increase in earnings) = $50,000 - $20,000 = $30,000

<em>Assuming 4 years of college study period</em>

<u>The net present value of a college education if the interest rate is 10% is as follows</u><u>:</u>

Net present value = PV of benefits - PV of costs

Net present value = Annual benefit*P/A(10%,4) - Annual costs of attending college*P/A(10%,4)

Net present value = 30,000 * P/A(10%,4) - 20,000 * P/A(10%,4)

Net present value = (30,000 - 20,000) * P/A(10%,4)

Net present value = 10,000 * P/A(10%,4)

Net present value = 10,000 * 3.1699

Net present value = $31,699

<u>How does this change if the interest rate is 15%?</u>

Net present value = 30,000 * P/A(15%,4) - 20,000 * P/A(15%,4)

Net present value = (30,000 - 20,000) * P/A(15%,4)

Net present value = 10,000 * 2.855

Net present value = $28,550

4 0

3 years ago

If a firm has a $1,500,000 debt limit before AT kd will change and if taxes are 40% and total equity in the capital structure is

andrew-mc [135]

Answer:

$2,500,000

Explanation:

Break Point = Level of debt / Weight of debt

(100%-40%)

=60%

Hence:

= 1,500,000 / 60%

= $2,500,000

Therefore the debt breakpoint in the MCC schedule will be $2,500,000

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3 years ago

What is the term that defines how recently a customer purchased items?

KatRina [158]

The answer is recency. This part of the RFM model. It is a marketing investigation tool used to classify a firm's best customers by calculating definite factors.

The RFM model is founded on three quantitative factors which are:

Recency - How recently a customer has made an acquisition or purchase of productFrequency – How frequent or often a customer makes a purchaseMonetary Value - How much cash a customer spends on purchases

RFM analysis often sustains the marketing saying that "80% of business comes from 20% of the customers."

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3 years ago