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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.

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Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division. He understands that
tiny-mole [99]

Answer: Union

Explanation:

The options to the question,:

A Open

B. Managed

C. Union

D. Closed

E. Agency

From the question, we are informed that Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division and that he understands that he will be on probation for 30 days and then must join the union. This implies that Cho enterprise has a union shop.

A union shop is a form of a union security clause whereby the employer may employ workers who are into the union or those who don't but those that are not yet union members will have to join after a 30 days period.

8 0
3 years ago
On January 1, 2018, Ogleby Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for O
Olin [163]

Answer:

With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c

Explanation:

According to the given data we have the following:

PV of lease=$750,578

Annual payment=$180,000

Rate of interesr=10%

The interest expense would be calculated as follows:

Interest expense = ( PV of lease - Annual payment ) * Rate of interest

Interest expense = ( $750,578 - $180,000 ) * 10%

Interest expense = $57,058

Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.

4 0
3 years ago
You are in desperate need for cash to pay your water bill so you head to the check-cashing store down the street. They offer to
rodikova [14]

Answer:

1969.6%

Explanation:

The computation of the effective annual rate is given below;

Given that

It is been charged $12 for $200 loan for 7 days

So for 7 days,

the nominal interest rate is is

= 12 ÷ 200 × 100

= 6%

Now

(1+r) = (1+0.06)^{52}

(1+r) = 20.696

r = 19.696

= 1969.6%

6 0
3 years ago
Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa
ASHA 777 [7]

Answer:

A liquidated damages clause

Explanation:

A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.

Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.

In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.

6 0
3 years ago
A healthcare worker anonymously reports through his organization's Corporate hotline that coworkers are steeling supplies and ta
Lelechka [254]

Answer:

Whistle blowing

Explanation:

Whistle blowing is the way in which employees in a work place can anonymously report action of wrong doing by their colleagues.

The action reported can be illegal, wasteful, unsafe, fraud, or illicit.

The whistle blower's identity is protected by law so they feel safe coming forward to make these statements.

In the given scenario where a healthcare worker anonymously reports through his organization's Corporate hotline that coworkers are steeling supplies and taking them home for their own use, the worker is a whistle blower

7 0
3 years ago
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