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3 years ago

What is word of mouth promotion?

Business

1 answer:

Colt1911 [192]3 years ago

4 0

Answer:

Word of mouth promotion is a marketing tacnique

Explanation:

Word of mouth promotion is considered as an important advertising technique that helps to increase customers and attract more on the way. When customers are happy, they will steer dozens of other people, and this is how word of mouth works. According to a study, 28% of people consider word of mouth as an important marketing strategy.

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Irene wants to start a business selling t-shirts. irene's top priority is that she alone has complete control over management de

antoniya [11.8K]

The answer is LLC or also known as Limited Liability Company. This type of hybrid legal entity has the characteristic of mixed characteristics of a partnership, sole proprietorship and even a company in which they have a limited liability that could also be similar to shareholders in a corporation.

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3 years ago

One way that the world bank might experience an adverse selection in its own lending is if __________.

Sloan [31]

Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.

When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.

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2 years ago

ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear

Triss [41]

Answer: Degree of Operating Leverage

A Tech = 2.75

Z Tech = 3

Explanation:

As defined in question itself,

Degree of Operating Leverage = $1 + \frac{fixed\ cost}{Profit}$

As here, it is provided that profit for both the companies are same amounting $4 million.

Although the fixed cost differ by $1 million.

A Tech Degree of operating Leverage = 1 + $\frac{7,000,000}{4,000,000}$ = 2.75

Z Tech Degree of Operating Leverage = 1 + $\frac{8,000,000}{4,000,000}$ = 3

This clearly demonstrates that A Tech will reach its break even faster than the Z Tech as the ratio of fixed cost to variable cost is lower in A tech in comparison to Z Tech.

5 0

3 years ago

Jonathan's company has been operating under restrictions placed by the state government. His company now has to issue public sta

Natasha2012 [34]

Answer: direct and indirect

Explanation:

Right on Plato

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3 years ago

Bob consumes food and housing. Suppose his marginal utility from an additional unit of food is 20 and his marginal utility from

lozanna [386]

Answer:

Option (E) is correct.

Explanation:

For utility maximization,

Bob's consumption of Housing and food should be such that:

$\frac{Marginal\ utility\ of\ housing}{Price\ of\ housing}=\frac{Marginal\ utility\ of\ food}{Price\ of\ food}$

Here,

$\frac{Marginal\ utility\ of\ housing}{Price\ of\ housing}=\frac{100}{2}$

= 50

$\frac{Marginal\ utility\ of\ food}{Price\ of\ food}=\frac{20}{1}$

=20

Bob is not maximizing utility, as these two terms are not equal(50 > 20).

Since the marginal utility per rupee spent on housing is greater than that on food.

Hence, Bob can increase his utility just by consuming more of housing and less of food.

7 0

3 years ago

What is word of mouth promotion? ​

What is word of mouth promotion?