1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tema [17]
3 years ago
9

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the ag

ent is referring to one of the forms of _____.
I found the answer and its "nonprice competition", so free points to who ever see this first
Business
2 answers:
ella [17]3 years ago
6 0

I always thought this meant the neighborhood where the real estate was found or the community. Your answer of non prince competition really surprises me. Thanks for posting.

Lorico [155]3 years ago
3 0

<u>Answer:</u>

The correct answer for this is 'non price competition'.

<u>Explanation:</u>

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.

Non-price competition is a type of competition where two or more than two producers use factors like customer service, packaging or delivery rather than the price to increase the demand of the product or service.

Here, location is used as a non-price competition to increase the demand.

You might be interested in
Liam​ O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The qu
Rashid [163]

Because the future value of annual premiums deposited in a mutual fund is 755 (F/A, 9%, 45) = $397,023.34, Then, the friend is correct since the mutual fund is roughly three times the sum under the Insurance policy.

<h3>Was Liam's suggestion correct?</h3>

Generally, Premium  payment is mathematically given as

X=60-20

X=45years

Where future value is

755 (F/A, 9%, 45)

In conclusion

755 (F/A, 9%, 45)  = 755 * 525.8587

755 (F/A, 9%, 45) = $397,023.34

Read more about Arithmetic

brainly.com/question/22568180

Complete Question

Liam O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The quoted annual premium for Liam is $8.39 per thousand dollars of insurance coverage Because Liam wants a $90,000 policy (which is 2.5 times his annual salary), the annual premium would be $755, with the first payment due immediately (i.e., at age 21). A friend of Liam's suggests that the $755 annual premium should be deposited in a good mutual fund rather than in the insurance policy. "If the mutual fund earns 9% per year, you can become a millionaire by the time you retire at age 65," the friend advises.

3 0
2 years ago
If Hazel decides to sell the best ice cream on earth, and intends to establish a strong ethical climate in her organization, dur
statuscvo [17]

Answer: Planning

 

Explanation: Planning refers to the process of setting goals and procedures and determining the need of resources to accomplish those goals.

In the given case, Hazel has already set her goal of providing the best ice cream in the market. Now she needs to set the procedures of how she can do so in an ethical manner. She has to determine the processes and rules she need to make to achieve the objective of ethical culture in her organisation.

Hence from the above we can conclude that in the planning phase.

8 0
3 years ago
You are the founder of Shadow Skateboards, and you are considering methods of gaining and sustaining a competitive advantage. Wh
bogdanovich [222]

Answer:

The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'

Explanation:

Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.

Sustainable advantage is not about cost reductions,is about a perceived  value added to products or services not seen anywhere else.

If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.

7 0
3 years ago
When a company wants to design a new wireless headset it invited a group of interested users to comment on and try out various p
Paraphin [41]

Answer:

Testing process...?

Would have been better if given options...

5 0
3 years ago
The business-to-business cleaning supply company, Ecolab, encouraged a leading competitor, Diversity, to adopt a strategy to go
Sveta_85 [38]

Answer:

Raise competitor costs.

Explanation:

Raising competitor costs is basically a strategy to gain market share.

8 0
2 years ago
Other questions:
  • Japan does not allow more than 100,000 automobiles to be imported into the country because they feel they are protecting domesti
    6·1 answer
  • Suppose that the marginal cost of an additional ton of steel produced by a Japanese firm is the same whether the steel is set as
    7·1 answer
  • Which factor determines who a society will produce goods and services for?
    14·2 answers
  • An __________ industry has low entry barriers, suppliers and buyers with strong bargaining positions, strong competitive threats
    7·1 answer
  • Which of the following would not be an operations maangement function in a fast food restaurant?
    15·1 answer
  • A city ordered uniforms with an expected cost of $6,000 for policemen. This amount is encumbered.
    14·1 answer
  • An associate professor of physics gets a $200 a month raise. She figures that with her new monthly salary she can buy more goods
    13·1 answer
  • In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen
    8·1 answer
  • True or False: The date line of a balance sheet depicts a specific day and not a period of time.
    9·1 answer
  • discuss money supply and inappropriate government policies as causes of fluctuations in business cycles​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!