Answer:
$343
Explanation:
Andrea and Phillip's annual premium cost can be calculated using the cost per thousand formula:
cost per thousand = annual premium / thousands of coverage
- cost per thousand = $0.98
- thousands of coverage = $350,000 / $1,000 = 350
$0.98 = annual premium / 350
annual premium = $0.98 x 350 = $343
Dividing customers into different categories and offering different prices based on customer segments is the pricing strategy known as Price discrimination.
Demographic, psychographic, behavioral, and geographic segmentation are considered to be the four main types of market segmentation, but there are many other strategies that can be used, including different variations of the four main types. there is. Below are some methods you might want to consider further.
Customer segmentation is the process of dividing customers into groups based on common characteristics so that companies can effectively and appropriately market to each group. B2B marketing allows companies to segment their customers based on many factors, including industry.
Learn more about customer segments at
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Answer:
8448.22
Explanation:
We are asked to calculate the present value of 20,000 in ten years.


<em>Resuming: </em>in this kind of problems we are asked for which lump sum becomes a certain amount in a given period of time at an annual rate
Answer:
the use of supply chain partners to provide products or services.
Explanation:
In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.
When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.
Hence, outsourcing refers to the use of supply chain partners to provide products or services.