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Ganezh [65]
4 years ago
8

Each Saturday at the local bread store Harold demonstrates various bread-making products to any of the interested customers. He

knows many of the customers by name and has asked them over time about their various preferences and bread needs. Because he knows his customers so well, Harold can skillfully direct customers to buy the best grain mill to fit their needs, the types of flour for their home baking, and even the different types of loaves of bread they may enjoy purchasing right then. Harold is employing what common marketing communication method?
Business
1 answer:
Vitek1552 [10]4 years ago
7 0

Answer:

Direct marketing.

Explanation:

This issue is related to the marketing communication method called direct marketing or relationship marketing.

Direct marketing can be defined as a set of strategic actions whose main objectives are customer loyalty through the establishment of a more personalized relationship between the customer and the organization. Relationship marketing seeks to get to know its customers in depth so that it can always offer a product and service directed to their needs, through some actions, such as those carried out by Harold, who seeks to know his customers and tastes in order to offer the ideal product to your wants and needs.

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Answer:

Explanation:

c:what type of business the person is in

that is the only logical answer lol

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Jenna Raiter, the president and CEO of AutoMotion Auto Service Centers, has asked several managers and employees to help establi
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A

Explanation:

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3 years ago
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A stock had returns of 9.62 percent, −14.65 percent, 19.85 percent, 25.35 percent, and 7.65 percent over the past five years. Wh
dybincka [34]

Answer:

The geometric average return for this stock was <u>8.64%</u>.

Explanation:

Geometric average return refers to the return which will result in the correct compounded dollars at the end of the time period.

Geometric average return can be computed using the following formula:

Geometric average return = {[(1 + r1)(1 + r2) ... (1 + rn)]^(1/n)} - 1 ......... (1)

Where r is returns from year 1 to year n.

For the stock in the question, we have:

r1 = 9.62%, 0.0962

r2 = -14.65%, or -0.1465

r3 = 19.85%, or 0.1985

r4 = 25.35%, or 0.2535

r5 = 7.65%, or 0.0765

n = 5

Substituting the values into equation (1), we have:

Geometric average return = {[(1 + 0.0962)(1 - 0.1465)(1 + 0.1985)(1 + 0.2535)(1 + 0.0765)]^(1/5)} - 1

Geometric average return = {1.51310732605096^0.20} - 1

Geometric average return = 0.0864, or 8.64%

Therefore, the geometric average return for this stock was <u>8.64%</u>.

5 0
3 years ago
Which is NOT a positive reason for using a credit card to finance purchases? You will get charged high interest. You can buy som
Alja [10]

Answer:

<h2>In this case,the correct answer is the first option given in the answer choice or options or You will get charged high interest.</h2>

Explanation:

  • An use of credit card to finance purchases enables the consumers or buyers to make post consumption or purchase payments thereby, providing the convenience of stress free shopping for them.
  • However, the credit card companies or financial institutions issuing credit cards can issue high interest rates that the consumers or buyers are liable to pay along with the due balance on any purchase or consumption made through credit card payments within a certain period of time.
  • The determination of interest rates on credit cards basically depends on multitude of factors such as individual purchase limits on the card, the personal credit history and performance of individual consumers or buyers, previous payment records and history of the concerned customer, the overall ability of the customers to make timely repayments on any credit card purchase along with respective interest rates and so forth. Hence, high interest rates indicates higher repayments on credit card payments which can deter customers to avail credit cards.
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