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Eddi Din [679]
3 years ago
9

Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than ot

her similar products. Why would those strategies matter to customers?
Business
2 answers:
butalik [34]3 years ago
4 0

Answer:

non-price strategies you could use to increase your customer base is having Better Quality, Better web presence, and Better Customer Service. Better quality means having good, durable products that deliver what they promise. Also better quality means having a product that is worth its money, not just something cheap which falls apart in one use. Better Web Presence means having a nice, interesting, user-friendly website which customers can access at any time to view your products. Also this means that your website is updated regularly with product information. Better customer service means that you should be able to provide good, cooperative customer support for customers who have queries or problems regarding your product. This involves courteous staff who have up-to-date knowledge and are willing to follow up the case.

Explanation:

makkiz [27]3 years ago
3 0
<span>3 non-price strategies you could use to increase your customer base is having Better Quality, Better web presence, and Better Customer Service. Better quality means having good, durable products that deliver what they promise. Also better quality means having a product that is worth its money, not just something cheap which falls apart in one use. Better Web Presence means having a nice, interesting, user-friendly website which customers can access at any time to view your products. Also this means that your website is updated regularly with product information. Better customer service means that you should be able to provide good, cooperative customer support for customers who have queries or problems regarding your product. This involves courteous staff who have up-to-date knowledge and are willing to follow up the case. </span>
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Cost assignment ________. Group of answer choices includes future and arbitrary costs encompasses allocating indirect costs to a
Vika [28.1K]

Answer:

encompasses allocating indirect costs to a cost object

Explanation:

Cost assignment -

It refers to the distribution of the cost in various objects and activities which initiate the proper bifurcation of the costs , is referred to as cost assignment .

The method is used in the activity - based costing .

It is also known as cost allocation .

All the direct and indirect cost are allotted with the help of cost assignment .

Hence , from the given information of the question ,

The correct answer is -

encompasses allocating indirect costs to a cost object .

4 0
3 years ago
A. sound tracker company retires its delivery equipment, which cost $41,000. accumulated depreciation is also $41,000 on this de
guapka [62]
The amount of the salvage may be calculated using various equations. We are given that the sound tracker is retired about some time and this was initially bought at $41,000. However, we are given that the accumulated depreciation is also equal to $41,000. 

Since the initial payment is similar to the accumulated depreciation hence, the salvage value is zero. 
7 0
4 years ago
Fred is the purchasing manager at Marc's Auto Body and places orders for routine products such as office supplies and items need
prohojiy [21]

Answer:

A) ​Straight rebuy

Explanation:

Based on the information provided within the question it can be said that the purchasing process that Fred is using is called a Straight Rebuy. In a business context, this term refers to ordering supplies for the first time or as a reorder from a supplier from an approved list . This list contains suppliers that have been approved due to ease of use, good quality products, or low prices. Which in this case Grainger has all of these traits, which is why Fred prefers them.

8 0
3 years ago
Chelsea Fashions is expected to pay an annual dividend of $1.26 a share next year. The market price of the stock is $24.09 and t
Stells [14]

Answer:

a. 7.83 percent

Explanation:

This is calculated by using the Gordon growth model (GGM) formula as follows:

P = d / (r - g) ……………………………………… (1)

Where;

P =  market price of the stock = $24.09

d = next year annual dividend = $1.26

r = cost of equity = ?

g = dividend growth rate = 2.6%, or 0.026

Substituting the values into equation and solve for r, we have:

24.09 = 1.26 / (r - 0.026)

24.09 (r - 0.026) = 1.26

24.09r - 0.62634 = 1.26

24.09r = 1.26 + 0.62634

24.09r = 1.88634

r = 1.88634 / 24.09

r = 0.0783038605230386, or 7.83038605230386%

Rounding to 2 decimal places. we have:

r = 7.83%

Therefore, the correct option is a. 7.83 percent.

3 0
3 years ago
According to the video, which subjects are Human Resources Managers likely to study in college? Check all that apply. Business s
AfilCa [17]

ANSWER:

Human resources managers studies: Behavioral science, Communication, and Liberal

EXPLANATION: Human resource managers are the ones that helps the organization to identify the best personnel for a particular job task. They identify where a staff needs an improvement, and will recommend such training to the organization. They also sees that the organizational culture is maintained and respected by all personnel's in the firm.

These are the Major roles of a HRM in an organization. For a HRM to be able to perform this role, he/she must have been able to understand what Communication is all about, because it is through communication he/she can identify a personnel that will fit in perfectly to a job task.

Behavioral studies is a very vital course for a HRM, because the personnels behaviors are what constitutes to the culture of the organization, so the HRM must understand the behavior of a person, and determine if it will fit into the organizations culture.

The HRM should not be biased in reasoning, this is why he/she has to study liberal in college, so that he/she will be able to accept other people's opinions and behavior.

6 0
3 years ago
Read 2 more answers
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