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Andre45 [30]
3 years ago
8

Sheri, a socialite, received bad publicity for her recent choice of evening wear. As a result, she decided to change designers.

However, when she visits her new designer for the first time, she missed the camaraderie she shared with her previous designer. In the given scenario, Sheri is experiencing the _____.
Business
1 answer:
julsineya [31]3 years ago
7 0

Answer:

relational switching cost

Explanation:

Switching costs are those related to expenses that a customer assumes when switching from a product or service provider, are expenses related to effort, money, time among others.

Costs are often low in a fragmented market and low and high in a consolidated market with few substitute products.

There are three types of switching costs:

  1. procedure,
  2. financial,
  3. relational.

Relational switching cost is one that is not quantifiable, but concerns consumer resistance and discomfort in adapting to change from a new supplier.

You might be interested in
Through effective ______, people can successfully resolve conflicts and create positive change. problem-solving strategies manag
DerKrebs [107]

People can successfully resolve conflicts and create positive change through effective communication.

<h3>What is communication?</h3>

Communication refers to the process of sending across message from the sender to the receiver. It is the act of transfering information from one person to another

Various means of communications are:

  • Fax
  • Telex
  • Email
  • Phone

Hence, people can successfully resolve conflicts and create positive change through effective communication.

Learn more about communication here : brainly.com/question/26152499

8 0
2 years ago
Specialty Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer to the following information
bulgar [2K]

Answer: $18,700

Explanation

Net cash provided by the operating activities = $108,000

Add: Net cash provided by the financing activities = $16,000

Less : The net cash used for the investing activities = $118,500

The net increase in Cash will now.be:

= ($108,00 + $16,000) - $118,500

= $5,500

Add: Cash at the beginning of the year. This will be:

= $5500 + $13,200

= $18,700

Ending cash balance will be $18700

8 0
3 years ago
According to the classical economists, if the quantity of money that people wanted to save was greater than the amount that peop
boyakko [2]

Answer:

The correct answer that fills the gap is: Fall.

Explanation:

The paradox of saving or paradox of frugality or paradox of austerity suggests, according to the Keynesian economic aspect, that if all the inhabitants try to save more, that is to say to dedicate to saving a greater percentage of their income, the aggregate demand will fall, the production will fall and the total population savings will be equal or lower.

The explanation of the paradox is because the total income of the population (Y) is equal to the sum of the income of its individuals. Since personal income can be used for consumption or savings, and that consumption forms an essential part of aggregate demand - which finances global income through income and wages - if the percentage of savings increases, logically consumption will decrease , so that aggregate demand will decrease further and, consequently, global income, which will cause personal income to fall. When personal income or income falls, each individual will have to dedicate a greater percentage of their income to save in order to continue saving the same in absolute terms. This will further reduce their consumption (already reduced by the fall in income) so that income will be even more reduced and so on to the point that some or many must use their savings in order to solve the decrease in income.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

8 0
3 years ago
Discounting A. A concept that maintains that the owner of a cash flow will value it differently, depending on when it occurs.
uranmaximum [27]

Answer:

PMT x {[(1 + r)^n – 1]/r}

Explanation:

The formula for calculation the future value of an ordinary annuity is given as :

PMT x {[(1 + r)^n – 1]/r} ;

Where ;

PMT = Payment amount ; r = discount rate

n = number of payments

For ordinary annuity, payment are made at the end of each period as opposed payment made at the beginning of the period for annuity due.

3 0
3 years ago
During a​ year, a​ firm's gross investmentgross investment is ​$6 comma 0006,000 and net investmentnet investment is ​$4 comma 8
Greeley [361]

Answer: The answer is $1,200

Explanation:

In order to calculate the Depreciation, we use the formula:

Gross investment = Net Investment + Depreciation.

Let Depreciation be represented by x

Gross investment - $6,000

Net investment - $4,800.

Therefore, we have:

6,000 = 4,800 + x

x = 6,000 - 4,800

x = 1,200

Therefore Depreciation is $1,200

7 0
3 years ago
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