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mrs_skeptik [129]
3 years ago
5

Franz Tress, a cosmetics manufacturing company, offers an annual subscription plan to its customers where the customers have the

option to automatically renew the subscription plan once it completes its term. In this scenario, Franz Tress is trying to influence its consumers' decision journey through _____.
Business
1 answer:
aksik [14]3 years ago
3 0

Answer:

The correct answer is letter "A": the loyalty loop.

Explanation:

The loyalty loop describes a process of retaining customers instead of attracting new consumers. Before the purchase takes place, the loyalty loop summarizes the purchasing process has three steps: <em>enjoy, consider, </em>and <em>evaluate</em>. After the purchase, the process involves three steps: <em>enjoy, advocate, </em>and <em>bond</em>. Both processes end up in a buy but the second process ensures the customer develops a <em>commitment </em>with the brand and is unlikely to look for competitors' products.

You might be interested in
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a
Rasek [7]

Answer:

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31                                             $25,699

Note Payable                                                           $9,000

Evan Shaw                                                                   $805

Totals                                                                      $35,504

Credit:

Check No. 3056 Understated                                     $10

Bank service charge                                                     $14

Balance (Up to date)                                             $35,480

Totals                                                                      $35,504

Step 2 Prepare a  bank reconciliation for this company

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

4 0
3 years ago
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
3 years ago
A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number
Olegator [25]

Based on the information given the number of shares outstanding after the split will be: 160,000 shares.

Using this formula

Outstanding shares=Current shares  outstanding × Number of the split

Where:

Current shares  outstanding =40,000 shares

Number of the split =4

Let plug in the formula

Outstanding shares=40,000 shares×4

Outstanding shares=160,000 shares

Inconclusion the number of shares outstanding after the split will be: 160,000 shares.

Learn more here:

brainly.com/question/14652555

4 0
3 years ago
The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31: Estimated factory ove
lions [1.4K]

Answer:

Estimated manufacturing overhead rate= $32 per labor hour

Explanation:

Giving the following information:

The estimated factory overhead costs $ 2,496,000. Estimated labor hours 78,000.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 2496000/78000= $32 per labor hour

5 0
3 years ago
Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a m
Lisa [10]

Answer:

Larry must have signed a <u>PROXY AGREEMENT</u> that gives the management group control over his shares.

A proxy agreement is generally used for stockholders voting procedures, they basically grant another person the right to vote on behalf of another stockholder.

Larry's current investment in the company is <u>$86,000</u>.

= 2,000 stocks x $43 = $86,000

If the company issues new shares and Larry makes no additional purchase, Larry's investment will be worth <u>$82,560</u>.

company's new market value = (20,000 x $43) + (5,000 x $34.40) = $1,032,000

new stock price = $1,032,000 / 25,000 stocks = $41.28

= $41.28 x 2,000 = $82,560

This scenario is an example of <u>STOCK DILUTION</u>.

The stock price will lower because the increase in the company's value is less than proportional to the increase in the number of stocks.

Larry could be protected if the firm's corporate charter includes a <u>PREEMPTIVE</u> provision.

Preemptive rights give current stockholders the right to purchase more stocks (in case the company issues more stocks) before any outside investors.

If Larry exercises the provisions in the corporate charter to protect his stake, his investment value in the firm will become <u>$103,200</u>.

= [(5,000 / 10) x $34.40] + $86,000 = $17,200 + $86,000 = $103,200

5 0
3 years ago
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