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1 year ago

The degree to which a customer will continue to buy from a specific vendor over time is called customer?

Business

1 answer:

vlada-n [284]1 year ago

5 0

The degree to which a customer will continue to buy from a specific vendor over time is called customer loyalty.

A customer is a recipient of goods, services, products, or ideas obtained from a seller, vendor, or supplier through financial transactions or in exchange for money or other valuable consideration.

The definition of customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.

A customer is an individual or business that purchases goods or services from another business.

Learn more about customer here:brainly.com/question/380037

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EastSide Tractors is an American firm that manufactures construction and farming machinery. A construction company in Germany ha

Lera25 [3.4K]

Answer: Cash in advance

Explanation: Cash in advance is a type of payment that is used in some trade agreements.

This method of payment will require a buyer to pay the seller in cash before a shipment is received and sometimes before a shipment is even made.

Cash in advance is a strategic form of payment that can be used in any transaction in where there is a delay between the sales agreement and the sales delivery.

In the scenario given in the question, we can see that the German company has already placed an order, but the company has also caused a delay in the transaction by requesting for extra modifications.

This will prompt EastSide Tractors to feel the need to safeguard their interests in case the German company should default. This is why a Cash in advance payment system will come into play.

7 0

3 years ago

Read 2 more answers

How does an organization get the most out of its large data without

Aleks [24]

Answer:

By Focusing on Key Performing Indicators (KPIs)

Explanation:

Having large amounts of data has its advantages with give entities competitive advantages over rivals. These include the ability to satisfy a market need and establish changing trends in demand.

However, some firms get lost in large data and this is because of overwhelming amount of information and failure to focus on their industry`s Key Performance Indicators (KPIs).

5 0

3 years ago

Suppose that you have the following information for an economy:______.

galina1969 [7]

Answer:

Part 1. When real GDP is equal to $4,500, aggregate expenditure is equal to $4,600.

Part 2. When real GDP is equal to $5,000, aggregate expenditure is equal to $5,000.

Part 3. When real GDP is equal to $5,500, aggregate expenditure is equal to $5,400.

Explanation:

The aggregate expenditure (AE) can be calculated using the following formula:

AE = (A + (MPC * Y)) + PI + G + NX ………………. (1)

Where;

AE = aggregate expenditure = ?

A = Autonomous consumption = $500

MPC = Marginal propensity to consume = 0.80

Y = Real GDP

PI = Planned investment = $600

G = Government spending = $300

NX = Net exports = -$400

Based on the above, we can now proceed as follows:

Part 1. When real GDP is equal to $4,500, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $4,500

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $4,500)) + $600 + $300 - $400 = $4,600

Therefore, when real GDP is equal to $4,500, aggregate expenditure is equal to $4,600.

Part 2. When real GDP is equal to $5,000, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $5,000

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $5,000)) + $600 + $300 - $400 = $5,000

Therefore, when real GDP is equal to $5,000, aggregate expenditure is equal to $5,000.

Part 3. When real GDP is equal to $5,500, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $5,500

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $5,500)) + $600 + $300 - $400 = $5,400

Therefore, when real GDP is equal to $5,500, aggregate expenditure is equal to $5,400.

6 0

3 years ago

Ben, a product manager at SunRise Juice Co., is having a hard time choosing the wording for a new ready-made fruit smoothie prod

nikdorinn [45]

Answer:

I think Ben should encourage the Senior Management to call a multidisciplynary meeting and do some research.

Explanation:

I think Ben is right. Even though the statement is technically correct, it may mislead customers.

Customers may interpret the phrase "no sugar added" as if the product did not contain any sugar.

Thus, customers interested in drinking beverages without sugar at all might think they are "safe" consuming the smoothie beverage, when in reallity each smoothie's bottle contains sugar 35 g of naturally occurring sugars from the fruit.

Customers deserve to be certain on what they are buying, thus the labels must be a sincere help for them, and not ambiguos at all.

This is a "gray zone" and an example of what in ethics is called a dilema.

I think the decision should be shared by a wider team and based on some research.

I think Ben should encourage the Senior Management to call a multidisciplynary meeting, where the subject is widely discussed. Also, I would suggest Ben to do some research, look for precedents about labeling in the industry, and try to learn the opinion of the FDA about this sensitive matter.

6 0

3 years ago

At the present time, Andalusian Limited (AL) has 5-year noncallable bonds with a face value of $1,000 that are outstanding. Thes

maw [93]

Answer:

2.69%

Explanation:

According to the scenario, computation of the given data are as follows,

Face value (FV) = $1,000

Time period = 5 years

Present Value (PV) = $1,438.04

Coupon rate = 14%

Payment (pmt) = 14% × $1,000 = $140

So, by using excel function find YTM, we get

YTM = 4.13%

So, After Tax cost = Rate ( 1 - tax rate)

= 4.13% ( 1 - 35%)

= 4.13% × 65%

= 2.685% or 2.69%

Excel function is attached below.

3 0

3 years ago