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
lana [24]
3 years ago
11

Sheri, a socialite, received bad publicity for her recent choice of evening wear. As a result, she decided to change designers.

However, when she visits her new designer for the first time, she missed the camaraderie she shared with her previous designer. In the given scenario, Sheri is experiencing the _____.
Business
1 answer:
dusya [7]3 years ago
6 0

Answer:

relational switching cost

Explanation:

Switching costs are those related to expenses that a customer assumes when switching from a product or service provider, are expenses related to effort, money, time among others.

Costs are often low in a fragmented market and low and high in a consolidated market with few substitute products.

There are three types of switching costs:

  1. procedure,
  2. financial,
  3. relational.

Relational switching cost is one that is not quantifiable, but concerns consumer resistance and discomfort in adapting to change from a new supplier.

You might be interested in
Buying power of dollar through the years
Allushta [10]
<span>Purchasing Power of Money in the United States ... Why not current year? ... Power Calculator compares the relative value of a past amount of dollars to a present ... Please let us know if and how this discussion has assisted you in using our ...</span><span>
</span>
5 0
3 years ago
At the trough of the business cycle, cyclical unemployment is _____ and the actual unemployment rate _____ the natural rate of u
lianna [129]

Answer:

d. positive; exceeds

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

Cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

Mathematically, cyclical unemployment is given by the formula;

Cyclical \; unemployment \;  rate \; (CU) = Actual \; unemployment \; rate \; (AU) - Natural \; unemployment \; rate \; (NU)

>>> CU = AU – NU

The trough of a business cycle refers to the stage where decline (fall) in business activities ends and transit into expansion i.e the business moves from a decline (fall) to an expansion (rise).

Hence, at the trough of the business cycle, cyclical unemployment is positive and the actual unemployment rate exceeds the natural rate of unemployment because there's an increase in the level of output or productivity.

7 0
3 years ago
Name one form of collusion
ExtremeBDS [4]

Answer:

price fixing

Explanation:

The collusion occurs when firms agree to collaborate in a way that disrupt markets such as fixing prices above the actual price to alter the equilibrium of the market

7 0
3 years ago
Read 2 more answers
Patrick and Amanda are team leaders in a small organization. Patrick does not supervise his team very closely, is always asking
Dominik [7]

Answer:

person-oriented; task- oriented

Explanation:

Patrick focusing on relationships, also mindful of what his team members think, concerned with and respects other people's ideas and feelings shows he is a person-oriented leader.

On the other hand, Amanda focusing on task accomplishment; directing work activities towards goals and ensuring all her team members are up and doing shows she is a task-oriented leader.

7 0
3 years ago
Who would be a member of the American Dental Assocoiciation
mario62 [17]

Answer:

The American Dental Association (ADA) is the professional association of dentists dedicated to serving both the public and the profession of dentistry. This association was founded by William Henry Atkinson. A retired dentist would be a member of the American dental association because he/she is still a dentist and can contribute to promoting public's health by providing quality oral health care. Correct answer: B

Explanation:

edge2020

6 0
2 years ago
Other questions:
  • Approximately what portion of our nation's total production is made up of consumer goods?
    5·1 answer
  • A. suppose there is a surge in consumer confidence that creates an increase in aggregate demand in the economy. the federal rese
    9·1 answer
  • When using the two-second rule, if you reach the mark before you finish counting "one thousand two", you __________ A. are not f
    5·1 answer
  • My job is to take pictures for _____ use by advertising agencies.
    15·2 answers
  • Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem
    8·1 answer
  • Simplify (7^5)^3 <br><br>A)(1/7)^15<br>B)35^3<br>C)7^15<br>D)7^8
    15·2 answers
  • Mattress​ Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last​ year, cost of goods sold was ​$7
    14·1 answer
  • 7. You are going to open a business making custom cabinets. You can sell each cabinet for $80. It takes a cabinetmaker approxima
    14·1 answer
  • By its very nature, ____________ requires an understanding of human behavior to help managers better comprehend behaviors at dif
    14·1 answer
  • You tell Julia you already know a bit about leadership styles, and you think you have traits that will make you a good leader.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!