Insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is an unsought product that consumers don't normally think about much.
<h3>What are unsought products?</h3>
Although a buyer may feel pressured into purchasing a product they do not want, unsought commodities are frequently bought under certain circumstances, so a marketing strategy that harasses consumers into purchasing the product will be seen as immoral. A notable example of an unasked-for good is funeral services.
Unsought goods are those that consumers are unaware of or hardly ever think about purchasing and whose acquisition is motivated by a combination of risk or worry about harm and lack of desire. Examples of well-known but unpopular things are funeral services, encyclopedias, fire extinguishers, and reference books.
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Answer:
The correct answer to the following question is option B) an office layout that includes open spaces.
Explanation:
It is often said that an organizations culture could be seen through various ways and one of them is observable artifacts, which represents a organizations attitude, it's belief and anything that might be considered meaningful like behavior. These artifacts may include a organizations physical surroundings like its interior design, landscape etc and in this case its open spaces in office layout, and other might be technologies , product, rituals etc.
Answer:
The correct answer is: Snob effect.
Explanation:
The Snob effect is a phenomenon that tries to explain why the demand for a good or service increases in the high-income sector while it decreases substantially in the low-income sector. This scenario is created when people need access to rare or exclusive goods or services.
Answer:
a)use an ice paddle. it is the most suitable way
Answer:
The correct answer is "32.076%".
Explanation:
Given:
Initial investment,
= $500,000
Cash inflows,
= $500,000
The floatation cost will be:
= 
=
($)
The total cost will be:
= 
= 
= 
hence,
The rate of return will be:
= 
= 
= 
= 
=
(%)