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3 years ago

Compared to products, service marketing is more challenging because

2 answers:

7 0

<span>Service marketing is more challenging because the organization must appeal to customers by offering something intangible. Though it is never a good idea to underestimate or oversimplify the customer, it is my experience that customers are far more driven to exchange money for something tangible. In addition, services are traditionally seen as expensive, inconvenient, and often ill-timed. Some good examples are car repairs, extermination, etc.</span>

marta [7]3 years ago

3 0

It is more challenging for an organization to build something that offers services rather than products because of the satisfaction of customers being different when services are got instead of products. In other cases, customers most often preferred to do task themselves rather than allowing other organization do it for them. With this, it is more challenging for the organization to locate a strategic position for the business.

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A federal law that requires creditors to disclose the annual percentage rate (APR) and the finance charge as a dollar amount is

Nikolay [14]

Answer: The Truth in Lending Act (TILA) of 1968

Explanation: TILA is a law enacted by the USA federal law to protect lenders and consumers generally are treated justly.

The laws requires lenders to disclose the APR (annual percentage rate) of loans, finance charge, repayment schedule and total repayment amount in the documents to be sent to and signed by the lenders.

This is to control the excesses of lenders and the terms used in the contact must be simple to understand by the borrowers.

8 0

4 years ago

For Goody Company, the budgeted cost for one unit of product is direct materials $10, direct labor $20, and manufacturing overhe

dybincka [34]

Answer:

$475,000

Explanation:

Direct materials (M) = $10 per unit

Direct labor (L) = $20 per unit

Manufacturing overhead (O) = 80% of L = 0.8 *$20 =$16 per unit

Selling Price (S) = $65 per unit

Units sold (N) = 25,000 units

The budgeted gross profit for 25,000 units is:

$P = N*(S-(M+L+O))\\P=25,000*(\$65-(\$10+\$20+\$16))\\P=\$475,000$

The budgetd gross profit for Goody Company is $475,000

6 0

3 years ago

In January of last year, Newton Inc. sold 15,000 shares of its own common stock for $180,000. Ten months later, Newton repurchas

aleksklad [387]

Answer: the correct answer is (A) Both a $180,000 cash inflow and a $55,000 cash outflow should be recorded in the financing section because both transactions involve stockholders' equity items, and all cash flows must be reported gross.

Explanation:

The important thing here is that all cash flows must be reported gross.

8 0

4 years ago

It will cost $7,500 to acquire a cotton candy cart. Cart sales are expected to be $3,800 a year for four years. After the four y

Allushta [10]

Answer:

It will take 1.97 years to payback the machine.

Explanation:

Giving the following information:

It will cost $7,500 to acquire a cotton candy cart. Cart sales are expected to be $3,800 a year for four years.

We need to determine the amount of time required to payback the machine.

Year 1= 3,800 - 7,500= -3,700

Year 2= 3,800 - 3,700= 100

3,700/3,800= 0.97

It will take 1.97 years to payback the machine.

5 0

3 years ago

As you know, credit can be both beneficial and harmful to one's financial well-being. At what point does credit use become probl

Gala2k [10]

<span>As you know, credit can be both beneficial and harmful to one's financial well-being. At what point does credit use become problematic? Credit can be good for someones financial well-being when applying for loans for a home, car, or other entities where needing to have good credit to move on in live is benefiting. However, because of having credit, it is easy to get financing or help others get what they need in return for illegal substances or other entities that shouldn't be used for purchase and consumption. </span>

7 0

3 years ago