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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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Why is all else held constant along a demand curve? Group of answer choices To isolate how a change in price impacts a change in
Kazeer [188]

Answer:

To isolate how a change in price impacts the change in quantity demanded.

Explanation:

In the case of the demand the thing that should be constant is the isolation that means if there is the change in price so the same got an effect in the change in the quantity demanded. So overall we can see that both price and quantity demanded could be impacted in an isolation

Therefore the above should be the answer

Hence, the other options seems wrong

6 0
2 years ago
You are considering purchasing a new automobile that will cost you $28,000. The dealer offers you 4.9% APR financing for 60 mont
bija089 [108]

Answer:

so correct option is B) $527

Explanation:

given data

cost = $28,000

offer APR = 4.9 % = \frac{4.9}{12} = 0.0041

time = 60 months

finance the entire = $28,000

solution

we will apply here formula for calculate monthly payment  that is

= \frac{r(1+r)^t}{(1+r)^t -1}    ...........1

here r is rate that is 0.0041 and t is time that is 60 put here value we get

=  \frac{0.0041(1+0.0041)^{60}}{(1+0.0041)^{60} -1}

= 0.01883

so monthly payment is = 28000 × 0.01883

monthly payment is $527

so correct option is B) $527

6 0
3 years ago
Read 2 more answers
If the economy booms, RTF, Inc., stock is expected to return 13 percent. If the economy goes into a recessionary period, then RT
Furkat [3]

Answer: 0.000903

Explanation:

Expected return is the sum of the probability that the other returns will happen.

= (13% * 83%) + (5% * 17%)

= 10.79 % + 0.85%

= 11.64%

Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)

Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)

= 0.0001535168 + 0.0007495232

= 0.000903

6 0
3 years ago
A convertible debenture callable at 101 is trading at 105. The debenture carries 4% coupon and is convertible at $25. The common
andrey2020 [161]

If an investor bought the debenture and converted it, the profit would be $30.

First, calculate the number of shares each bond will convert to:

$1,000 (par) divided by $25 per share equals 40 shares per bond. With a market value of 105, each bond costs $1,050.

What is the stock parity price?

$1,050 divided by 40 shares equals $26.25 per share. The current market value of the stock minus stock parity price equals profit (or loss).

$27.00 − $26.25 = $0.75 per share × 40 shares = $30.

What is convertible debenture?

A long-term debt with the option to convert into stock shares after a predetermined amount of time is known as a convertible debenture. Common examples of convertible debentures include unsecured bonds or loans with little to no underlying security to back the commitment.

How are debentures converted to shares?

Equity shares are created out of a debenture. The holders of debentures are asked to return debenture certificates after sending them a notification of the conversion. The allocation of shares is handled by the secretary. Changes must be submitted to the Register of Charges after allotment.

Learn more about convertible debenture: brainly.com/question/16976826

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8 0
1 year ago
Stiller Corporation incurred fixed manufacturing costs of $24,000 during 2015. Other information for 2015 includes: The budgeted
Talja [164]

Answer:

Operating profit using absorption costing will be higher by $3,600 than operating income if using variable costing.

Explanation:

<em>The difference between profit under variable costing and under absorption costing is simply the value of the change in inventory. </em>

<em>Usually, a decrease in inventory would cause profit under absorption costing to be lower . This is so because cost of goods sold would become higher leading to a lower profit . And vice versa</em>

<em>Difference in profit = POAR × change inventory </em>

Predetermined Overhead absorption rate(POAR)

= Estimated overhead/ estimated production unit

= $24,000/2,000 units = $12 per unit

Change in inventory = 1500 - 1200= 300 units

Difference in profit = 300 × $12 per unit = $3,600

Operating profit using absorption costing will be higher by $3,600 than operating income if using variable costing.

7 0
3 years ago
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