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Aleonysh [2.5K]
1 year ago
12

Because Brianna loves Chinese food, she was eager to check out a new Chinese restaurant. The restaurant had undertaken a large-s

cale promotional campaign, with television commercials, glossy magazine ads, and large billboards. However, when she talked to two of her friends, they told her the service was terrible and quality was poor. Based on these recommendations, Brianna decided it was not worth it to try out the restaurant. The Chinese restaurant failed to realize the importance of _______.
Business
1 answer:
Lana71 [14]1 year ago
6 0

The Chinese restaurant failed to realize the importance of "word-of-mouth marketing."

<h3>What is word-of-mouth marketing?</h3>

Whenever a consumer's interest inside a company's service or product is reflected in their regular conversations, this is referred to as word-of-mouth marketing (also WOM marketing). Basically, it is free promotion brought on by consumer experiences, which are typically above and beyond their expectations.

Some key features regarding word-of-mouth marketing are-

  • Word-of-mouth marketing occurs when customers recommend a business's goods or services to their friends, relatives, and other people they value highly.
  • WOM marketing is among the most effective kinds of advertising since 88% of consumers prefer suggestions from their friends than those in traditional media.
  • By exceeding customer expectations with a product, delivering first-rate customer service, and providing consumers with insider knowledge, businesses can promote WOM marketing.
  • The finest word-of-mouth marketing methods, according to Word of Mouth Marketing Association (WOMMA), are sincere, credible, sociable, repeatable, measurable, and respectful.

To know more about the word-of-mouth marketing, here

brainly.com/question/15472521

#SPJ4

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What analysis feature of a decision support system (DSS) pinpoints the region that generated the highest total sales
DedPeter [7]

Answer:

exception reporting

Explanation:

A decision support system (DSS) can be regarded as a computerized program that is utilized in supporting determinations as well as judgments, and courses of action s regards a

an organization or a business.

An exception reporting can be regarded as process of using document which states out the instances whereby actual performance is been deviated from expectations in a significantly manner, this is usually in a negative direction. The main reason for this report is to align the attention of management on areas that requires immediate action.

It should be noted that the analysis feature of a decision support system (DSS) pinpoints the region that generated the highest total sales is exception reporting.

6 0
3 years ago
If data aggregation is the goal of collecting the data, ______ are the best choice.
Jobisdone [24]

<span>The answer for the blank pace is:
"Classifications"
The full sentence will be read as follow:

If data aggregation is the goal of collecting the data, Classifications are the best choice.</span>

Data aggregation means a process where information is gathered and expressed in a summary form, and the purposes include many such as statistical analysis etc. 

<span> </span>

8 0
3 years ago
Drag each label to the correct location on the table.
Tresset [83]

Answer:

The explanation of this question is given below in the explanation section.

Explanation:

In this question, two different scenerios are given regarding two different economic theory. First, we will know that what is Keynes and Hayek economic theory and then do drag the label to correct situation.

Keynes's economic theory

This theory says the government should increase demand to boost growth. Keynesians believe consumer demand is the primary driving force in an economy. As a result, the theory supports expansionary fiscal policy. Its main tools are government spending on infrastructure, unemployment benefits, and education. A drawback is that overdoing Keynesian policies increases inflation.

Hayek's economic theory

This thoery says that how changing prices relay information that helps people determine their plans is widely regarded as an important milestone achievement in economics

Hayek says that markets will heal themselves and that government should not intervene. Keynes says that governments should intervene in order to soften the blow of a depression/recession.

So, the correct labels for these scenerios are:

Keynes:

A small Caribbean island's economy depends  on tourism. However, in recent times, it has seen  much less economic activity. Its government decides  to let the market correct the situation.

Hayek:

Flour prices have risen in a country where bread is a  staple part of the diet. As a result, bread prices have  risen tremendously. In an effort to make bread affordable  for its citizens, the government has limited how much

bakers can charge for bread.

4 0
3 years ago
Read 2 more answers
Five Star Manufacturing has provided the following data for the month of June. There were no beginning inventories; consequently
zubka84 [21]

Answer:

Five Star Manufacturing

The finished goods inventory at the end of June after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

$30,220

Explanation:

a) Data and Calculations:

                    Work in Process   Finished Goods  Cost of Goods Sold  Total

Direct Materials       $1,700              $6,300              $22,200         $30,200

Direct Labor            $7,780             $15,750              $55,500         $79,030

Overhead Applied $4,320               $6,840              $24,840         $36,000

Total                      $13,800            $28,890             $102,540        $145,230

Allocation of overapplied

Overhead                $840                $1,330                 $4,830           $7,000

Adjusted Total     $14,640            $30,220              $107,370       $152,230

Manufacturing overhead overapplied by $7,000

Basis of apportionment of overapplied overhead: overhead applied

                    Work in Process   Finished Goods  Cost of Goods Sold  Total

Basis ratio             0.12                     0.19                   0.69                        1

Overapplied

overhead          $840                 $1,330                 $4,830                $7,000

6 0
3 years ago
Assume that your university increase tuition only at the rate of inflation. how much will a $23,000-per-year college cost 15 yea
ValentinkaMS [17]
In economics, there is a formula to predict the growth of money value with time. When dealing with simple interest, the formula is

F = P(1+in), where F is the future worth, P is the present worth, i is the annual interest rate, and n is the amount of time, commonly in terms of years. Substituting to the formula,

F = $23,000(1+0.08*15)
F = $50,600
5 0
3 years ago
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