1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alika [10]
1 year ago
12

Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products ar

e key considerations regarding the ________.
Business
1 answer:
Murrr4er [49]1 year ago
7 0

Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

To learn more about switching costs here:

brainly.com/question/15561738

#SPJ4

You might be interested in
Adamdata, a cell phone brand, is planning to collaborate with a few companies that create software for cell phones. It wants to
liubo4ka [24]

Answer:

B) options-based planning

Explanation:

Software development life cycle (SDLC) can be defined as a strategic process or methodology that defines the key steps or stages for creating and implementing high quality software applications.

Some of the models used in the software development life cycle (SDLC) are;

I. A waterfall model.

II. An incremental model.

III. A spiral model.

An options-based planning can be defined as a strategic management process which typically involves the maintenance of flexibility by investing simultaneously in a little amount (manner) in various alternative plans.

In this scenario, Adamdata, a cell phone brand, is planning to collaborate with a few companies that create software for cell phones. It wants to try different operating system software for its phones and then buy the company that manufactures the software that is most compatible with its phones. Therefore, Adamdata is most likely using options-based planning.

4 0
3 years ago
$1000 Principal with a 6% Interest Rate, Compounded Semi-Annually for 3 years.
umka2103 [35]

Answer:

$1,194.05

Explanation:

The applicable formula is A = P x ( 1+ r) ^ n

Where A is the future amount

P is principal amount $1000

r is 6% per year or 0.06

n= time in years; 3 years

Since interest is compounded semi-annually, r will be 0.06 /2 = 0.03

n will be 3 years /2 = 6 periods

A = $1000 x ( 1 + 0.03) ^ 6

A = $1000 x 1.194052

A=$1,194.05

8 0
3 years ago
The importance of formal planning in organizations has grown dramatically. Companies have found that they can achieve competitiv
Neko [114]

Explanation:

Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Strategic planning is a tool that is useful for guiding day-to-day decisions and also for evaluating progress and changing approaches when moving forward.

8 0
2 years ago
PLEASE HELP!!!
Marta_Voda [28]

Answer:

Expenses

Explanation:

4 0
2 years ago
What are the four elements of the marketing mix?
Maksim231197 [3]

The 4 P's:

Price - cost of the product

Product - the type of good being sold

Place - how the product will get to the consumer (store, internet, etc)

Promotion - what marketing activities will be used to communicate the product (advertising, sales, etc)

5 0
2 years ago
Other questions:
  • Gloria is opening an upscale women's clothing store in a growing suburban residential area. gloria knows her target market is up
    7·1 answer
  • At which stage does the idea finally convert into a prototype product
    12·1 answer
  • To what aspect of a business structure does the term sole proprietorship refer?
    15·1 answer
  • You dream of endowing a chair in finance at the local university that will provide a salary of $250,000 per year forever, with t
    10·1 answer
  • Pina Corporation factors $268,100 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen
    11·1 answer
  • Purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states can have an impact on a consu
    14·1 answer
  • 3. The CAPM suggests that securities having more systematic risk than the market should typically also earn a higher risk premiu
    8·1 answer
  • Explain why good research habits are important and how they relate to personal integrity and ethics.
    7·1 answer
  • D Corporation applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under
    15·1 answer
  • The cost of a high-quality 250-horsepower compressor was $13,500 when recently purchased. What would a 608-horsepower compressor
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!