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allsm [11]
3 years ago
10

How is marketing a service different than for a product?

Business
1 answer:
satela [25.4K]3 years ago
4 0
The marketing of services differs from product marketing because of the four fundamental differences involved in services: services are intangible, inseparable, heterogeneous, and perishable
You might be interested in
The transactions demand for money is most closely related to money functioning as a
QveST [7]

Answer:

<h2>The function of money as <u>medium of exchange</u> is most closely related to the overall demand for monetary transaction.</h2>

Explanation:

  • The transaction demand for money basically reflects the overall demand for monetary transactions in the economy which is essentially determined by the respective demands for goods and services and how many times they are commercially exchanged or traded in various markets in the economy.
  • Therefore, the higher the commercial flow or movement of goods and services in the economy, the higher will be the demand for money in the economy.
  • Now,one of the important functions of money is medium of exchange meaning that it is practically accepted as an universal medium of exchange for buying and selling any product or service in any economy or country across the world.
  • Since, money is the only acceptable unit or medium of exchange for any commercial transaction or exchange, the demand for monetary transaction is also practically related to the money being used as unit or medium of exchange.
8 0
3 years ago
HELP - I'M SO CONFUSED!! I WILL GIVE BRAINLIEST IF YOU HELP ME!!!!!
amid [387]

Answer:

1. Know your material. Speak about a topic you’re interested in and know a lot about. Reinforce your message with facts and statistics, if possible.

2. Make it personal. Use humor, personal anecdotes and conversational language to make your speech engaging.

3. Practice makes permanent. Rehearse your speech aloud using any equipment and/or visual aids you’ll use during your presentation. Rehearse as often as you can.

4. Time yourself. Time your speech every time you rehearse it to ensure you don’t go over the five- to seven-minute time limit.

5. Pace yourself. People tend to rush when they’re nervous, so practice keeping your speech at a calm, steady pace.

6. Arrive early. Give yourself enough time to get acquainted with the stage or presentation area, and test the microphone and any visual aids you’ll be using.

7. Relax. Breathe and stretch before taking the stage. Pause for a few seconds, smile and count to three before speaking.

6 0
2 years ago
A(n) -Select- is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates
Hoochie [10]

Answer:

Bond; treasury; degree of risk.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A bond is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: treasury, corporate, state and local government, and foreign. Each type differs with respect to degree of risk and expected return. All have some common characteristics even though they may have different contractual features.

4 0
3 years ago
Your firm needs a computerized machine tool lathe which costs $53,000 and requires $12,300 in maintenance for each year of its 3
Sholpan [36]

Answer:

The depreciation tax shield for this project in year 3 is $2668.76

Explanation:

Depreciation in year 3 = 14.81%*53000

                                      = $7849.3

tax shield will = $7849.3*34%

                       = $2668.76

therefore, The depreciation tax shield for this project in year 3 is $2668.76

3 0
4 years ago
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni
Firdavs [7]

Answer:

Results are below.

Explanation:

Giving the following information:

Standard:

Direct materials 6.80 pounds $ 3.00 per pound $ 20.40

Direct labor 0.50 hours $ 11.00 per hour $ 5.50

Actual:

22,900 pounds of material were purchased for $2.70 per pound. 1,400 hours of direct labor time were recorded at a total labor cost of $18,200.

Production= 3,000 units

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (3 - 2.7)*22,900

Direct material price variance= $6,870 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6.8*3,000 - 22,900)*3

Direct material quantity variance= $7,500 unfavorable

<u>To calculate the direct labor rate and efficiency variance, we need to use the following formulas:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (0.5*3,000 - 1,400)*11

Direct labor time (efficiency) variance= $1,100 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 18,200/1,400= $13

Direct labor rate variance= (11 - 13)*1,400

Direct labor rate variance= $2,800 unfavorable

5 0
3 years ago
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