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3 years ago

_____ is defined as the relationship between benefits and the sacrifice necessary to obtain those benefits.

Business

1 answer:

Umnica [9.8K]3 years ago

3 0

Answer:

(A). Customer value

Explanation:

<u>For a customer to obtain value or benefit from using a product, he or she must first make a sacrifice</u>, such as the amount of money spent or time taken to purchase the product.

Customer value refers to that <u>benefit the customer gets from using the product, compared to the sacrifice the customer makes to get it.</u>

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Situation: C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bri

Andreas93 [3]

C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bring their friends, C’est Wot gives first-time visitors buy-one-get-one meal vouchers for their next visit. This is an example of: adding force.

<h3>What is an adding force in business?</h3>

This is the term that is used to describe the way that a company is able to get consumers that would get to purchase and consume their products. It is a strategy that is used to facilitate increased consumer base.

The way this is seen here is that the business had to create a system that would bring them more people. To do this they had to create a way for people to come in pairs.

The first time visitors are given a voucher that would enable them to get free meals when they visit.

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2 years ago

a car is purchased for $43,000. each year it loses 25% of its value. after how many years will the car be worth $9200 or less? (

Snowcat [4.5K]

After a car is purchased at $43000 and looses 25% worth every year then the car will be worth $9200 or less after four(4) years.

What does Purchase mean?

Purchase is a term used to refer to the acquisition of goods or services in exchange for money. It is a common business transaction and can involve buying something outright or entering into an agreement to pay for it over time.

What does Services mean?

Services is a broad term that refers to any type of work or activity performed to meet the needs of a customer. Services can range from professional services like accounting or consulting to tangible products like food or clothing. Services are typically intangible in the sense that they cannot be touched, felt, or seen, but the benefits they provide are very real.

As per the price of the car which is $43,000 and it looses 25% each year which is $10750. From this we come to know that the car will be worth of $9200 or less within 4 years.

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1 year ago

Archer Corp has the following account balances listed in alphabetical order: Accumulated Depreciation, $18,000; Accounts Paya

Setler [38]

Answer:

Equipment, $46,000, and Land, $21,000 including Accumulated Depreciation, $18,000.

This amounts to $49,000.

Explanation:

The long term asset are also known as the non current assets.

These are assets that will not be used up in a year. It means that the benefits that will accrue to the entity as a result of ownership and control of these assets will be for more than a year. Examples are fixed asset, intangible assets etc

Archer's long term assets are Equipment, $46,000, and Land, $21,000 including Accumulated Depreciation, $18,000.

This amounts to

= $46,000 + $21,000 - $18,000

= $49,000

6 0

3 years ago

The inflation rate is 12 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 8

Alenkinab [10]

Answer:

False

Explanation:

economist Kenji supports contractionary monetary policy because he believes that expectations adjust quickly in response to changes in policy and the efforts made by fed( an decrease in government spending and/or an increase in taxes) will be worth and the costs of reducing inflation will be less.

Whereas economist Eric, thinks that change in money supply is not a good idea to reduce inflation as it will work very slowly.

8 0

3 years ago

Why labor and management might be at odds and why?

NikAS [45]

The most frequently employed technique of workers was the STRIKE. Withholding labor from management would, in theory, force the company to suffer great enough financial losses that they would agree to worker terms. Strikes have been known in America since the colonial age, but their numbers grew larger in the Gilded Age.

7 0

3 years ago

Read 2 more answers