An <u>intangible</u> offering can rarely be experienced in advance of a sale while a <u>tangible</u> offering can be tested before purchase.
In marketing, the word "tangible" refers to matters that are bodily, that is, objects that can be touched, seen, heard, or smelled. Tangible marketing is the use of promotional objects to make contributions to brand popularity and customer loyalty.
Intangible products seek advice from business enterprise services that are not bodily in nature. Learn greater about intangible products, what falls into the category, and a way to promote products that can't be touched.
Tangible assets are usually anything you could physically touch—from inventory to homes to copying machines. Intangible assets, in the meantime, are anything of the cost that you can't bodily touch together with trademarks, domains, and the goodwill you have built up around your agency's reputation.
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Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.
Answer:
C. Debit Insurance Expense, dollar 4, 500; Credit Prepaid Insurance, dollar 4, 500
Explanation:
Date Account Title Debit Credit
Dec 31 Insurance expense $4,500
Prepaid insurance $4,500
($7,750-3,250)
Option C is correct.