Answer:
It draws positive emotions from the customer towards the particular brand.
Explanation:
Given that Relationship Marketing seeks to build and keep the existing and life long relationship between the brand or producer and the customer. The main argument for this approach is that it draws positive emotions and intense interest or want from the customer towards a particular brand. Thereby making the brand or producer keep delivering products or services to the customers.
Answer:
Production and consumption are at the same time.
Explanation:
A basic difference between a good and a service is that the consumption and production of a service take place at the same time. While good can be produced at some point in time and consumed later. Unlike goods, services cannot be stored in inventory.
That is why unlike a good, consumers can be more involved in the production of a service. This provides greater satisfaction to the consumers.
Answer:
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Answer:
The correct answer is (B)
Explanation:
Gross domestic product is the economic value of goods and commodities produced within the country in a specific period. GDP per capita is calculated by dividing GDP by the total number of population. In 1950 the GDP of American was 6000$, and in 2013 it was 48000$.
6000$ * 8 =48000$
An average American could buy 8 times more than the average American in 1950.
Solution:
1% x $88,000 = $880
That's the noncollectable estimate
$88,000 - $880 = $87,120
That's the approximate amount to be collected.
Since $69,600 has already been collected, that leaves $17,520
[ $87,120 -$69,600= $17,520 ]
This is realized but not taken into account.
The amount of net realizable value of receivables on the December 31, Year 1 balance sheet would be: $17,520