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garri49 [273]
3 years ago
15

The management at Joy, a local jewelry store in London, has hired a comparison shopper to visit other local jewelry stores to ga

in product pricing information. This scenario most likely illustrates the concept of _____.a. threaded marketingb. competitive intelligencec. urban informaticsd. market basket analysis
Business
1 answer:
ASHA 777 [7]3 years ago
5 0

Answer:

b. competitive intelligence

Explanation:

<em>Competitive intelligence is the information a company collects about its rivals, business environment, and industry in order to analyze it to develop more effective business strategies.</em>

I hope you find this information useful and interesting! Good luck!

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_____ macroeconomists focused on the _____ effects of _____ policy on the aggregate price level, ignoring any _____ effects on a
vichka [17]

Answer:

<u>CLASSICAL</u> macroeconomists focused on the <u>LONG-RUN</u> effects of <u>MONETARY</u> policy on the aggregate price level, ignoring any <u>SHORT-RUN</u> effects on aggregate output.

Explanation:

Classical macroeconomists focused mostly on the long-run since they perceived the economy was self-adjusting. That means that they should only set a guideline for the economy, and the economy itself would adjust to fulfill that guideline.

For example, just because the Fed carries out an expansionary monetary policy by lowering interest rates, it doesn't mean that the economy will start to grow and unemployment will lower. Other adjustments are necessary, like a tax reduction or an increase in government spending.

6 0
3 years ago
_________ payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss be
geniusboy [140]

Answer:

a. Single

b. Compounding

Explanation:

Lump sums refers to a single payment that is made to a person or an organisation at a specified time. This is different from installment payment that is made as a number of smaller payments over a specified period of time.

Compounding refers to a method of reinvesting earnings or profits from assets or investment with aim of generating extra earnings over time.

Compounding is the foundation of Future Value  (FV) as it considers the present value (PV) of an asset, the total number of years, how frequent the compounding takes place in a year, and the annual interest rate as given in the formula in the question which represented as follows:

FV = PV(1 + I)^N

Where;

FV = Future Value

PV = Present Value

I = annual interest rate

N = number of years

Therefore, single payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss below.

Finding the future value (FV), or compounding, is the process of going from today's values to future amounts.

8 0
3 years ago
When Sewsavor developed a food delivery application, a majority of people started using and recommending the application. Howeve
viktelen [127]

Answer: D) Technological lockout.

Explanation: Technological lockout occurs when a new dominant design prevents a company from competitively selling its products.

In this scenario, people switched to the other food delivery applications. Hence, preventing Sewsavor from competitively selling its products as it used to.

4 0
3 years ago
_____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen
Kaylis [27]

<em>Answer:</em>

<em>Upselling   </em><em>               </em>

<em>Explanation:</em>

<em>Upselling: </em><em>The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale. </em>

<em>In other words,</em><em> it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.</em>

<em>As per the question, the given statement signifies "upselling".</em>

3 0
3 years ago
Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you
Stels [109]

Answer:

Fear appeal.

Explanation:

In this scenario, Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you have passed away. In order to buttress their point, they paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a fear appeal.

A fear appeal can be defined as the act of persuading potential customers to change a risky behavior by highlighting adverse or negative consequences that may arise if they do not subscribe to a service or use a particular product. The main purpose of a fear appeal is to cajole people into buying a product or using a service by using their fears as a motivation.

7 0
3 years ago
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