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Oksana_A [137]
3 years ago
12

Businesses often spend significantly more money on creating customer access for their products/service than they spend on advert

ising.
A. True
B. False
Business
1 answer:
Ksivusya [100]3 years ago
5 0

Answer:

The correct answer is:

True (A)

Explanation:

Customer access strategy is a framework or a set of standards, guidelines and processes, which defines the means by which a customer and the organization can interact, and  means by which the customer has access to:

  • the relevant information needed to make purchases
  • the right logistics for the execution of a purchase

The arear of access are mainly information (value of the product, price of products, how products work) and logistics (means of getting the products, customer service on the after-purchase needs etc).

It has been studied extensively that companies are spending 3 to 4 times as much money on creating customer access than they do on advertising, this is because even if advertising is successful, the results will not be seen if customer access is not successful, and having an efficient customer access strategy can provide a competitive advantage to the producers.

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Which of the following reasons Best explains why obtaining a federal loan is much better than a private loan to pay for school?
Lady_Fox [76]
<h3>Hello there!</h3>

Your question asks why obtaining a federal loan is better than a private loan for school.

<h3>Answer: Cost and repayment options.</h3>

The reason why "cost and repayment options" would be the correct answer because federal loans would be cheaper and have a wide variety of options to repay the loan.

Federal loans are far more cheaper than private loans, due to the fact that it's coming form the government. Federal loans would allow you to get a loan without worrying too much of the price of it. Private loans tend to cost more since it's coming from a bank.

Federal loans would allow someone to get things like income based repayment or fixed interest rates. This would not be offered with most of the time with private loans.

Federal loans have more repayment options, also making it cheap for the person to handle, while private loans want you to pay a lot in interest and want you to pay off the loan within a close time frame.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
7 0
3 years ago
The main advantage to using credit cards is that they
zubka84 [21]
Build  your credit score
8 0
3 years ago
Suppose there are 100 consumers in the computer speaker market, each with an identical demand curve given by Qi = 10 – 0.1P, whe
Mkey [24]

Answer:

Equilibrium Price = 40 ; Equilibrium Quantity = 600

Explanation:

Equilibrium is where : Market Quantity Demanded =  Market Quantity Supplied

Market Quantity Demanded = No. of Consumers x Individual Demand Curve

= N x Qi = 100 [10 - 0.1P] = 1000 - 10P  

Market Quantity Supplied = Qs [Given]  

So, Equilibrium is where :

1000 - 10P = 20 P - 200

1000 + 200 = 20P + 10P

1200 = 30P

P = 1200 / 30 = 40 [Equilibrium Price]

Equilibrium Quantity : Putting Equilibrium price value in Quantity demanded & quantity supplied;

Quantity Demanded = 1000 - 10 (40) = 1000 - 400 = 600

Quantity Supplied = 20 (40) - 200 = 800 - 200 = 600

5 0
3 years ago
Golden Harvest is a restaurant located inside a five-star hotel. It caters mainly to customers who are concerned about quality d
astraxan [27]

Answer:

D. a premium roof top restaurant in the same city.

Explanation:

The reason for the selected option above is not far fetched, it was said that the restaurant is located within the premises of the hotel, being a five-star. Secondly, the customers of Golden Harvest Restaurant are concerned about the quality dining and not bothers on how much they pay to enjoy their quality dining.

7 0
4 years ago
Aggregate demand shifts right if a. government purchases increase and shifts left if stock prices rise. b. government purchases
max2010maxim [7]

Answer:

The correct answer is option b.

Explanation:

Aggregate demand represents the overall demand of goods and services in the economy in a year. It is comprised of consumption spending, investment, government spending, and net exports.

An increase in the government spending will increase the aggregate demand, so the aggregate demand curve will shift to the left.

A decrease in the stock prices, on the other hand, will cause the aggregate demand to fall, shifting the curve to the left. This happens because decrease in stock prices causes the wealth of the investors to decline. The consumer spending decreases and so does aggregate demand.

8 0
4 years ago
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