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alekssr [168]
3 years ago
5

David's marketing research returned the finding that customers were staying away from his bookstore because of a lack of service

s like gift cards, return policies, and special orders. David was shocked. "Nobody ever asks about that stuff! If it were that important, people would ask about it." David is likely suffering from a(n) ________ gap.
A. knowledge
B. standards
C. ethics
D. delivery
Business
1 answer:
Artemon [7]3 years ago
6 0

Answer: (A) Knowledge

Explanation:

 The knowledge gap is one of the hypothesis that basically explain about the knowledge that are distributed in the form of social system.

In the society the different people have their different opinions due to the different mindset, insufficient knowledge and also the difference in their age group also which leads to knowledge gap in the society.

 According to the given question, the David is suffering from the knowledge gap as due to the lack of service and the spacial orders the customer are showing much interest in the bookstore.

 Therefore, Option (A) is correct answer.

You might be interested in
One important benefit of a multiparty system over a two-party system is that ____________.
Musya8 [376]
<span>Actually one important benefit of a multiparty system over a two party system is that there will not be any single powerfull person controlling like a king or queen what ever and when ever he or she wants, without considering or taking consent of main important peoples, and also it gives more opinions and options in a multiparty system for the benefit of people.</span>
3 0
4 years ago
A market-penetration pricing strategy is most suitable when Answer . A) a low price slows down market growth B) production and d
Alik [6]

Answer:

B) production and distribution costs fall with accumulated production experience

Explanation:

A low price may slow down market growth. However, it cannot occur in the market penetration strategy because a market penetration strategy lowers the price to attract customers in a discouraging competitive market. Therefore, option "A" and option "E" is incorrect. As the penetration strategy offers a lower price, therefore, the higher price is nowhere near the option, so "C" is not correct. As the price is low, customers want to buy more, and it is not an inelastic demand. Therefore, the option "D" is wrong also.

As penetration strategy produces the products at a lower price, they can offer low selling prices. It can only happen due to the higher production experience. So, <em>"B"</em> is the right choice.

5 0
4 years ago
The preferred stock of a company pays a $2.75 quarterly dividends. If the preferred stockholders' required return is 7.25% for t
Sonbull [250]

Answer:

$151.72

Explanation:

Quarterly dividends of preferred stock = $2.75

Annual dividend of preferred stock = 4 * Quarterly dividend

Annual dividend of preferred stock = 4 * $2.75

Annual dividend of preferred stock = $11

Required return = 7.25% = 0.0725

Return = Dividend / Current price

0.0725 = $11 / Current price

Current price = $11 / 0.0725

Current price = 151.724138

Current price = $151.72

So, the preferred stock should sell for $151.72.

4 0
3 years ago
Tara purchased a machine for $40,000 to be used in her business. The cost recovery allowed and allowable for the three years the
nexus9112 [7]

Answer:

c. $11,480

Explanation:

Given that

               Cost recovery allowed                Cost recovery allowable

Year 1         $16,000                                                $8,000

Year 2        $9,600                                                  $12,800

Year 3        $5,760                                                  $7,680

The computation of gain should Tara recognize is shown below:-

Cost                                           $40,000

Less:

Greater cost of recovery

allowable or allowed

Year 1                $16,000

Year 2               $12,800

Year 3               $7,680            $36,480

Adjusted basis                          $3,520

Gain to be recognized = Residual value - Adjusted basis

= $15,000 - $3,520

= $11,480

So, for computing the gain to be recognized we simply deduct the adjust basis from residual value.

7 0
4 years ago
Charles is a stay-at-home parent who lives in New York City and teaches tennis lessons for extra cash. At a wage of $25 per hour
Margaret [11]

Answer:

2.75, elastic.

Explanation:

Measure labor supply elasticity of Individual T's as follows :

              \bf Elasticity=\frac{Percent \;change\;in\;labour\;hr}{\frac{Average\;labour\;hour}{\frac{Percent\;change\;in\;wage\;price}{Average\;wage\;price} } }

                                \bf =\frac{16-6}{\frac{16+6}{\frac{2}{\frac{35-25}{\frac{35+25}{2} } } } }

                                \bf=\frac{10}{\frac{11}{\frac{10}{30} } }

                                \bf=\frac{0.91}{0.33}

                                =2.75

Therefore, the elasticity of the labour supply of Individual T's is approx. of earnings per hour. <u>2.75</u>, meaning that the work supply of Person T's is <u>elastic</u> across this wage range

4 0
3 years ago
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