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Zanzabum
3 years ago
5

Which of the following statements regarding individual product decisions is​ correct?A. Consumers see branding as separate from

the product.B. Product design and product style mean the same thing.C. The sole function of packaging is to hold and protect a product.D. Quality is important but it is not used to position products.E. Customer service is an important element of product strategy.
Business
1 answer:
Jlenok [28]3 years ago
8 0

Answer:

The correct answer is E. Customer service is an important element of product strategy. The rest of other answers are incorrect.

Explanation:

Customer service refers to the service and support provided to the customer before the sale when the decision is made, during the sale when the transactions and other related monetary exchanges are made and after sales services, which could be warranties, implied guarantees, Technical assistance and Q&A support to the customer!

When it comes to the Product Strategy, there are several elements including Customer Service. They are,

  • Quality
  • New Products
  • Warranties and services
  • Product life cycle
  • Research and Development
  • Branding
  • Product design
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It is more important to use positive language in business messages because positive language sends a better appearance rather than sending a business message with negative language.

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3 years ago
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The most efficient combination of resources in producing a given output is the combination that:
blondinia [14]

Answer:

Option (b) is correct.

Explanation:

(a) If a producer uses the almost same quantities of all the factors of production and if marginal output remains the same then this will lead to no gains.

(b) This is done by purchasing the combination of inputs which are yielding higher marginal outputs.

(c) This would result in a loss because all the resources are not utilized properly or we can say that resources are not used at their potential.

(d) For achieving the level of profits, labor should be devoted to the work for maintaining the higher level of growth in production.

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3 years ago
4. What are the main political and economic risks that ABB must deal with given that it has a strong focus on entering emerging
Yuki888 [10]

The main political and economic risks which ABB <em>must deal with</em> given that it has a strong focus on <em>entering emerging economies </em>is:

  • The stability of the national government

According to the given question, we are asked to state the  main political and economic risks which ABB <em>must deal with</em> given that it has a strong focus on <em>entering emerging economies.</em>

As a result of this, we can see that when a company or an organisation wants to do business in a new and emerging economy in a county, the major political and economic risks which they have to consider is the stability of the national government so that their business would not be suddenly affected by government policies or wars.

Read more about national government here:

brainly.com/question/9261004

5 0
2 years ago
What term is used to describe spread-out or low-density development beyond the edge of services and employment
Zolol [24]

Answer:

Sprawl

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Sprawl can be defined as the situation where an urban settlement expands into nearby country area at the edge of a city .

Factors that lead to sprawl are population and income growth, low cost of living , road network , unlimited use of auto, etc.

Urban sprawl is characterized by uncoordinated , haphazard,and poorly planned urban development. If not properly managed , these could lead to poor environmental conditions like air pollution ,ground level smog and car traffic.

4 0
3 years ago
You are offered Birr 1,000 today, Birr 10,000 in 12 years, or Birr 25,000 in 25 years. Assuming that you can earn 11 percent on
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Based on the amounts that you are offered and their present values, the offer you should pick is Birr 10,000 in 12 years.

<h3>Which offer should you pick?</h3>

You should pick the offer with the highest present value.

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= Birr 1,000

Offer 2 present value:

= 10,000 / (1 + 11%)²

= Birr 2,858

Offer 3 present value:

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In conclusion, option 2 has the highest present value and so should be picked.

Find out more on present value calculations at brainly.com/question/27821989.

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2 years ago
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