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guajiro [1.7K]
2 years ago
15

When Sheri, a socialite, got some bad publicity for her recent choice of evening wear, she decided to change designers. However,

when Sheri visited her new designer for the first time, she missed the camaraderie and the easy banter she used to share with Margo, her previous designer.Which of the following types of switching costs was being experienced by Sheri?a. Procedural switching costb. Financial switching costc. Relational switching costd. Rational switching coste. Affective switching cost
Business
1 answer:
valentinak56 [21]2 years ago
5 0

Answer:

The correct answer is the option C: Relational switching cost.

Explanation:

To begin with, the concept known as <em>''switching cost'' </em>in the field of business, basically refers to all the costs involved in the procedure of switching from a supplier to a new one. Moreover, this term also involves many different types, such as financial switching costs, procedural switching costs and relational switching costs.

To continue, the third one, <em>the relational switching cost</em> refers to the situation where a company has changed its supplier and a big loss of identification and emotional bonds changed as well with it. Furthermore, when relational switching costs take place the personal relationships between the people involved in the transactions of the company are lost and that generates an impact in the new relationships with the new supplier.

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Discount-Mart issues $10 million in bonds on January 1, 2012. The bonds have a ten-year term and pay interest semiannually on Ju
jeyben [28]

Answer:

B. $600,000

Explanation:

The computation of the interest expense on the bond for the year 2012 is shown below:

= Interest expense as on 30 June 2012 + interest expense as on December 31 2012

= $300,000 + $300,000

= $600,000

For computing the interest expense for the year 2012, we added the interest expense of June 30 and for December 31 of 2012 only so that the correct amount could come

7 0
3 years ago
Miguel owns a bicycle-based courier service named Speed2U. The brand's focus is on fast delivery within 15 minutes from anywhere
Vitek1552 [10]

Miguel did not focus on differentiation. Differentiation in marketing refers to that thing about your company or product that makes you unique and better than everyone else. Speed2U's competitive advantage is their delivery speed. Miguel should have responded that what makes Speed2U unique is their ability to deliver in 15 minutes or less.

3 0
3 years ago
Read 2 more answers
Santa Fe Company was started on January 1, Year 1, when it acquired $9,000 cash by issuing common stock. During Year 1, the comp
Nitella [24]

Answer:

All of the options are false.

Explanation:

The net income is an element that increases the owners' equity while dividend paid reduces it. Both are elements of the cash flows for operating and financing activities respectively.

Considering the information given;

Acquired $9,000 cash by issuing common stock - This is an inflow of cash and forms the owner's equity balance at the start of the year.

During Year 1, the company earned cash revenues of $4,500, paid cash expenses of $3,750 - These are elements of the income statement and will result in a net income of $500 ($4,500 - $3,750 - $250).

and paid a cash dividend of $250 - This is a reduction in the owner's equity and is a cash outflow.

Now a review of all the options;

a. The 2016 statement of cash flows would show net cash inflow from operating activities of $2,450. - Net  cash flow from operating activities is $750 (($4,500 - $3,750). Hence this is false.

b. The 2016 income statement would show a net income of $1,300. - As shown in the consideration, this is false.

c. The 2016 statement of cash flows would show a net cash flow from financing activities of $9,700.  - Net cash flow from financing is

= $9000 - $250 = $8750

d. The December 31, 2016 balance sheet would show total equity of $15,750 - Total equity

=$9000 + $4,500 - $3,750 - $250 = $9,500

Hence all of the options are false.

7 0
3 years ago
Jean told her stockbroker to purchase 300 shares of stock of Company ABC at $20 per share. The fee that the stockbroker charges
beks73 [17]

Answer:

The answer to this question is D. Commission

Explanation:

Stockbrokers are legal representatives who executes buy and sell orders for stocks and other securities on behalf of clients.  The fee that the stockbroker charges for this service is called commission  

Hence the answer is D. commission

8 0
3 years ago
Yeaman Company manufactures luggage sets. Yeaman sells its luggage sets to department stores. Yeaman expects to sell 1 comma 850
dusya [7]

Answer and Explanation:

The preparation of the sales budget for the month of Jan and Feb is presented below:

Particulars                                       January February

Budgeted luggage sets to be sold    1,850        2,250

Sales price per unit                      $345        $345

Total sales                                     $638,250  $776,250

By multiply the luggage sets with the sales price per unit we can get the total sales and the same is shown above

3 0
3 years ago
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