Answer:
E) Social commerce site
Explanation:
As the name implies, a social commerce site like Groupon.com is a business that combines aspects of social media with commerce. The social media aspect is meant to be collaborative in the sense that people interact with each other in order to increase the sales of the business.
In this scenario, people collaborate with each other by reaching a certain treshold that allows them to get a benefit, the discount. The treshold is the minimum number of people that have to purchase the product for the discount to become effective.
This strategy benefits both Groupon.com with more sales revenue, and benefits customers because they get a discount, and take part in a social activity.
Answer:
± 4.05
Explanation:
Data provided in the question:
Random sample size = 15
Standard deviation = 8
Confidence level = 95%
Now,
Margin of error is given as:
Margin of error = ± [ ( z × s ) ÷ √n ]
Here,
From standard z table for 95% confidence level z = 1.96
Margin of error = ± [ ( 1.96 × 8 ) ÷ √15 ]
or
Margin of error = ± [ 15.68 ÷ 3.873 ]
or
Margin of error = ± 4.05
<span>Discounters like Target and Walmart use a price value strategy that suggests the offer the best quality for that particular price level. The price value strategy sets the primary price, but it is not an exclusive price, and is set according to the perceived value of products and services to the customers that shop there.</span>
<span>Major reasons for consumer default on loans can include: missed payments, either known or unknown. This has a negative effect on the consumer's credit score and can limit their chances to take out new lines of credit. A continuation of missed payments results in default. High interest loans are also a major reason for default.</span>
Uninsured motorists. Make sure you have it.
