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Svetlanka [38]
3 years ago
12

Cingular​ Cell, Inc. charges its customers a high contract termination fee if they cancel their cell phone contract before the e

xpiration date. The termination fee is an example of a​ ________. A. customer service penalty B. loyalty cost C. customer retention fee D. customer service fee E. switching cost
Business
1 answer:
Vedmedyk [2.9K]3 years ago
5 0

Answer: Switching cost

Explanation:The cost incurred by consumers while switching from one product to another or from one brand to another is called switching cost. Generally it is monetary but could also be psychological or effort and time based.

In the given case, the company is charging its customers if they cancel their contract earlier. Such cancellation means they are switching to some other company.

Thus, we can conclude that the correct option is E.

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Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.a. Trueb. False Cou
Sphinxa [80]

Answer:

a<u>.False.</u>

a<u>.True.</u>

Explanation:

It is correct to say that a country with more economic freedom during the last quarter of a century had a higher average GDP per capita than other countries with less freedom, this is due to the fact that the greater the economic freedom, the greater the economic growth of the country, which generates an increase in the country's productive capacity, increases demand, supply, the level of employability, the purchasing power of the population, which, integrated, these factors correspond to the increase in the country's quality of life, which increases the GDP per capita.

7 0
4 years ago
Bond ratings can be used as a measure of the bonds risk true or false?
Marta_Voda [28]

True. I'm 100% sure.

3 0
4 years ago
Chapman Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $576,0
DIA [1.3K]

Answer:

The Firm should not Buy and Install the press as it delivers a negative NPV of -$24,924 at 11% discount rate over its 4 year operations

Explanation:

The General rule is to appraise the investment based on various appraisal techniques.

A technique that should be considered must have special focus on the time value of money, the required rate of returns expected by the firm and other Cashflow considerations.

The Net Present Value (NPV) approach will be the best method to proceed with.

The NPV approach typically falls under the following decision tree:

a. If NPV is negative (Reject the proposal)

b. If NPV is positive (Accept if it's a singular project, Accept the highest positive NPV if it's for mutually exclusive Projects)

c. If Zero (this is the breakeven line at which the Project covers all its cost but does not return a profit.) Also referred to as the IRR

Kindly refer to the attached for detailed workings

6 0
3 years ago
The scanner data collected by Frito-Lay is a form of ________ data.
trapecia [35]

The answer is: Internal secondary data

Internal secondary data refers to the type of data that is acquired and stored inside the organization simply by doing its normal operation without having to pay any additional cost for the data.

When fritto lay obtain its data from scanners (that usually occurs for every purchase) , the data would automatically be stored in its database without interference from any third party.

6 0
3 years ago
Sam Seller was worried that Barney would not perform under the contract and demanded an assurance. How many days does Barney hav
Anika [276]

Answer:

The correct answer is letter "A": 30.

Explanation:

Adequate Assurance is requested after a contract was signed by two parties by one of the parties has doubts the other will be able to fulfill the demands of the agreement. In such cases, the doubting party can send in writing the request for confirmation to the other party involved and if the second party does not provide a response within 30 days the initial contract is considered repudiated.

Thus, <em>Barney has 30 days from the date Sam Seller requested an Adequate Assurance of Performance to respond.</em>

7 0
3 years ago
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