Answer: Transportation model is an example of decision making under certainty
Explanation:
Decision under certainty means the person taken those decision can predict the outcome. Transportation model is a certain model, everyone getting involved with transportation understand the cost, the route, the destination of where they are involving themselves into. It is a fixed process and not one which takes the user by surprise
Answer:
Aftermarketing
Explanation:
Aftermarket IMG is defined as the set of activities a business undertakes after making a product sale to retain customers and to foster repeat sales.
For example following up on the customer to ascertain level of satisfaction with the purchase, after sale technical support, and complaint management.
In the given scenario ID Groups Corp maintains a database that contains customer information and a history of each of their purchases, offers ongoing guidance on product maintenance, and responds quickly to complaints and seeks customer satisfaction.
These are aftermarketing activities.
Answer:
a. closed-end lease
Explanation:
This lease is typical of a 4 year (48 months) lease period. A closed-end lease puts no obligation on the person leasing the vehicle, in terms that he/she does not have to purchase the vehicle at the end of the leasing period.
Also, if the lessee (the person using the vehicle) adjusts to the contracted mileage limit, he/she does not have to pay additional fees at the end of the leasing period.
Thus, Jacob has a closed-end lease agreement on his SUV.
<span>After one year, the amount will be (1.065)($5000)
After two years, the amount will be (1.065)(1.065)($5000)
This equals (1.065)^2 ($5000)
After n years, the amount will be (1.065)^n ($5000)
(1.065)^n ($5000) = $50,000
(1.065)^n = 10
(n) (ln(1.065)) = ln(10)
n = ln(10) / ln(1.065)
n = 37
You can begin your travels in about 37 years.</span>
Explanation:
<u>Penetration Pricing:
</u>
It is the marketing approach that consists of a strategy to insert a new product in the market offering lower prices.
This strategy would help a new company, for example, to enter the market and already achieve good demand for its products and services, in addition to this strategy being a barrier of entry for new competitors.
Penetration pricing is the most appropriate marketing strategy for companies that need to reach a market place and reach a large number of people, which is achieved when offering a product with quality and benefits that can create consumer needs for customers, which makes it possible for the company to fulfill its objective and then be able to establish itself in the market and then increase prices so that the demand for the products is maintained.
This strategy is generally used by retailers and organizations that offer products offered in bulk, such as food, cosmetics, automobiles, etc.
