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2 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]2 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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The balance of the revenue account is transferred to the

miv72 [106K]

Credit side of a the balance of revenue account is transferred

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2 years ago

___ are the criteria the firm uses to screen credit applicants in order to determine which of its customers should be offered cr

77julia77 [94]

Answer:

Credit standards

Explanation:

The credit standard refers to the guidelines that are issued by the organization which analyzed whether the borrower is eligible for the loan or not. It could be checked by his or her credit score that reflects the full picture of borrower credit history i.e borrower is paying the amount of loan within in the given time or not or he is a defaulter that helps in deciding whether to offer credit or not and by how much

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3 years ago

Which of the following items is included in Japanâ€™s GDP? A. the estimated value of production accomplished at home, such as ba

noname [10]

Answer:

D) None of the above is included in Japanese GDP.

Explanation:

A country's GDP includes the value of all the finished and legal goods and services produced in an economy during one year.

GDP = consumption + investment + government spending + net exports

Vegetables and fruits grown and consumed by an individual are not included in the GDP, unless they sell them to someone else.
Illegal goods ans services are not included in the GDP.
Imports, foreign products sold in a domestic market, lower the GDP since they lower net exports.

8 0

3 years ago

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil

8090 [49]

Answer:

$16,667

Explanation:

Given that

Cash flows = $1,000

Growth rate = 6%

Interest rate = 12%

So by considering the above information, the amount would be

Amount = Cash flows ÷ (Interest rate - growth rate)

= $1,000 ÷ (12% - 6%)

= $16,667

We simply applied the above formula so that the amount could come by considering the given information

3 0

2 years ago

_____ is the element in the promotional mix of a marketing plan that evaluates the public’s attitudes, identifies issues that ma

kotykmax [81]

Answer: Public Relations

Explanation: The elements of a promotional marketing mix are the resources an organisation engages in its marketing promotion. They are:

Advertising, public relations, sales promotion, direct marketing and personal selling.

The above listed elements have there unique effect on the sales if an organisation.

Advertising is used to create an awareness of the product to the consumer using all forms of advertising such as radio jingle television advert, billboards etc.

Public relations is used to find out the effect of the products in the market and also to get feedbacks from consumer which will enable mgt to plan on ways to correct any issue observed.

Sales promotions are ways of giving to the consumers fee products as rewards for loyalty

Direct marketing is the use of marketing officers that will speak to consumers personally and try convincing them to try the products

Personal selling is the act of selling the products one on one to customers

3 0

3 years ago