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yarga [219]
3 years ago
9

What is the term used to describe product attributes that attract certain customers and can be used to form the competitive posi

tion of a firm?
Business
1 answer:
Nikitich [7]3 years ago
3 0

Answer:

What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?

Competitive dimensions.

Explanation:

In the business world, there are companies that sell products that are used for the same things. The companies in this types of environments are in competition with each other since they are all fighting over the same resource which is market share. A bigger market share usually translates to more customers and more sales. Bigger sales reflects to a bigger profit margin. For a company to have a bigger market share, there are a number of things that they can do to form the competitive position of their firm. They can do this by using product attributes that attract certain customers, a situation termed competitive dimensions.

The following competitive dimensions can be considered, namely;

1. Quality: companies can focus on the quality of their product by improving the quality of the features above the competition. In this way some customers might consider opting for that product because of its perceived quality. The major features of quality are: reliability, performance, serviceability and value for money.

2. Time: the following form the major components of time, namely; delivery time, manufacturing lead-time and frequency of delivery.

3. Price and cost: these include selling price and the service costs.

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As a customer acquisition technique, events: a. Are considered mostly ineffective compared to mobile advertising or social media
KonstantinChe [14]

Answer: a. Are considered mostly ineffective compared to mobile advertising or social media promotions.

Explanation:

Customer acquisition techniques refers to the strategies that are helps in the identification of the potential leads which are then converted into active customers. Such techniques include personalized offer design, automated email marketing etc.

As a customer acquisition technique, events are considered mostly ineffective compared to mobile advertising or social media promotions.

8 0
3 years ago
Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?
Scilla [17]

Answer:

A. The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online.  ⇒ TRUE

B. If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction.  ⇒ TRUE

C. You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app.  ⇒ TRUE

D. QuickBooks Online will fill in the fields it can for the expense using the OCR data.  ⇒ TRUE

Explanation:

the other options are false because:

  • E. You can assign a payee, account, payment date, category, description, amount, and memo to the expense transaction in the Review screen.
  • F. You can only have one sender email registered to forward receipts in each company. ⇒ FALSE, you can connect to multiple accounts, generally for different clients. You can use the "Add new sender" link.
3 0
3 years ago
A thesis statement should be clearly stated and narrowly focused. True False
dolphi86 [110]

A thesis statement should be clearly stated and narrowly focused. False

5 0
3 years ago
Read 2 more answers
As accenture explores an end-to-end business flow that has reconciliation between multiple parties, what would we uncover?.
vlabodo [156]

As Accenture explores an end-to-end business flow that has reconciliation between multiple parties system, we would be able to uncover shared state.

Any variable, object, or memory area that resides in a shared scope is referred to as a shared states. Accenture Blockchain and Multiparty Systems  specializes in supply chain, digital identity and financial services.  

Multiparty  systems creates a shared data infrastructure between an individual and an organization that drives efficiency and creates a new business and revenue models. they include blockchain, distributed ledger, distributed database, tokenization and a variety of other technologies and capabilities.

To learn more about Accenture here

brainly.com/question/28169672

#SPJ4

6 0
2 years ago
If a firm increases its dividend payout rate the: firm will have less cash available for new investment. Unselected firm’s sto
KengaRu [80]

Answer:

1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. True

2. Stock price will likely fall by the same percentage. False

3. Retention ratio will rise at the same rate. False

Explanation:

1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. This assertion is true because the company would be paying out a larger portion of earnings as dividends, hence the balance portion for new investment will be lower as a result.

2. Stock price will likely fall by the same percentage. This assertion is most unlikely because normally, if a particular stock is paying higher dividends investors will have high expectation and be willing to pay a higher price to buy a stock that pays high dividends

3. Retention ratio will rise at the same rate. This conclusion is also incorrect because pay out ratio and retention ratio have an inverse relationship. If more dividend is paid out, then less money is retained.

3 0
3 years ago
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