Answer:
D. Switching cost strategy
Explanation:
The software manufacturer has incorporated the use of switching cost strategy by making it difficult for customers to substitute their software product for another.
Switching costs: it is also known as switching barrier. This is a the cost incurred by the customer as a result of changing brands, product, services or suppliers.
The higher the cost of switching; the lesser a customer would be willing to switch between brands, the lower the switching cost; the higher the customer would be willing to switch between brands.
Switching cost includes:
• Psychological cost: This is the cost of a customer deciding whether the new product or services would be better than the old product
• Effort-based cost: This refers to the effort a customer will put in while switching brands such as the paperwork involved.
• Time cost: The amount of time used while a customer is switching product
Strategies used by firms to discourage its customers from switching
1. Charging a high cancellation fee for service cancellations.
2. Adopting a lengthy cancellation process for service cancellations.
3. Requiring significant paperwork for service cancellations.
Answer:
Depreciation= $250
Explanation:
Giving the following information:
Purchasing price= $6,000
Useful life= 4 years
Depreciation= straight-line
First, we need to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= 6,000/4= 1,500
Now, the depreciation for two months:
Depreciation= (1,500/12)*2
Depreciation= $250
Answer:
The answer is: The only transaction that increases the company's liabilities is; Purchased equipment by signing a note payable.
Explanation:
By issuing common stock, you increase the company's equity and the cash account.
If you provide services on account, you are generating revenue and creating an asset; accounts receivable.
If you collect cash from customers, you are increasing the cash account and decreasing the accounts receivable account, both are asset accounts.
I believe the answer is: hiring workers
producing goods
distributing goods
buying materials
Capital investment would most likely be done in order to obtain and increase the amount of income, which is why most of it used would be spend to either advertising, production, and distribution. Paying taxes and repaying investors would be conducted after the income is obtained, not before.
Out of the choices provided above, it can be said that the shipping profile of a product is the collection of attributes that affect how easily that product can be packaged and delivered. Therefore, the option B holds true.
<h3>What is the significance of a shipping profile?</h3>
The shipping profile of a product can be referred to or considered as the characteristics that determines the time that a product takes to reach to the consumer who brought such product. It is dependent upon the time taken in packaging as well as transportation.
Therefore, the option B holds true and states regarding the significance of a shipping profile.
Learn more about a shipping profile here:
brainly.com/question/11449177
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The missing choices to the incomplete question have been added below for better reference.
A. Outsourcing
B. Shipping
C. Manufacturing
D, None of these
