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3 years ago

The lower the user's switching costs:

Business

2 answers:

JulijaS [17]3 years ago

8 0

Answer:

more intense the competitive pressures posed by substitute products.

Explanation:

The lower the user's switching costs: the more intense the competitive pressures posed by substitute products.

Switching costs can be defined as the cost of a consumer switching from a product to a substitute good.

Therefore when such switching costs are low, it will be easier to switch from one product to another, implying that the competitive pressure from substitute goods are higher.

dalvyx [7]3 years ago

6 0

Answer:

More intense the competitive pressures posed by substitute products

Explanation:

A user's switching cost is the cost incurred by a user/consumer when he/she changes brands of products and services he/she usually purchases for a substitute good or service usually of equal standard with the first brand.

Switching cost can be monetary, psychological and time-based as well. the higher the switching cost the less likely a user will switch brands but the lower the switching cost the more likely a user will switch brands, and also the more intense the competitive pressures posed by the substitute products.

therefore switching cost is a market determinant for products with several substitutes in the open market.

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Dr. Riley, a professor in the economics department, finds that if he keeps his door open, people tend to stop in to say hello. T

Archy [21]

Answer:

1) Mindfulness

Explanation:

Mindfulness refers to being aware of your environment and paying attention to what happens around you, and at the same time being aware of your thoughts and bodily sensations.

In other words, it means that Dr. Riley is able to concentrate on what he is doing and at the same time is paying attention to what is around him.

4 0

3 years ago

"in year 1, costello company performed $14,000 of services for a customer who paid immediately. it also incurred $6,000 of wage

valina [46]

Answer: revenue of $14,000 and expense of $6,000 in Year 1.

Explanation:

In accrual accounting, it should be noted that for this accounting method, the revenue or expenses that are made by the individual or company will be recorded as at the time that the transaction took place and not when the payment for the transaction was gotten.

Since Costello company performed $14,000 of services and also incurred $6,000 of wage expenses, then Costello will report revenue of $14,000 and expense of $6,000 in Year 1.

7 0

3 years ago

Accounting information systems:

Dafna1 [17]

Answer:

The correct answer is letter "D": are an information system that records, processes, and reports on transactions to provide financial and non-financial information for decision making and control.

Explanation:

An Accounting Information System or AIS is a way to track all of a company's accounting activities. An AIS provides easy access to the same information to different departments. An AIS collects, stores, retrieves and processes the data. The data can come from internal and external sources allowing managers to make decisions about the business operations.

3 0

3 years ago

Which of the following statements is TRUE?

shusha [124]

Strategic partnerships are seen as one of the foundations of supply chain management.

5 0

3 years ago

Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Dri

RUDIKE [14]

Answer:

Attached is the complete questions containing the missing variables:

The activity rates for each activity are stated thus:

Cutting activity rate =$24/cutting hour

Assembly activity rate =$40/ assembly hour

Inspecting activity rate =$20/ inspecting hour

Reworking activity rate=$75/reworking hour

Explanation:

Cutting activity rate =$225600/(4000+5400)=$24/cutting hour

Assembly activity rate =$300000/(2850+4650)=$40/ assembly hour

Inspecting activity rate=$67500/(945+2430)=$20/ inspecting hour

Reworking activity rate=$45000/(150+450)=$75/reworking hour

Obviously you did not include the overheads incurred for each activity in your question,but I have the overhead for each activity in the attached full question with which I computed the required overhead activity rates

Download xlsx

6 0

3 years ago

Read 2 more answers