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Anna11 [10]
3 years ago
10

Amazon Prime, briefly mentioned in the case, is a subscription service that gives members free two-day shipping on hundreds of t

housands of products, as well as many other features such as access to music, movies, TV shows, book sharing, and more. In the United States, Prime membership is $100 per year. What effect do you think Prime membership has on customer loyalty and switching costs?
Business
1 answer:
Leto [7]3 years ago
4 0

Cheaper pricing, more attractive loyalty programmes, more convenient delivery options and better product range.

Explanation:

A website asked participants how much their average spending online is invested. Results suggest Amazon Prime subscribers buy more money overall; U.S. Prime affirms doing 53 percent of their online shopping, while Non-Prime members invest 50 percent in the United Kingdom.

As internet customers in general, they spoke to Prime members about Amazon being too strong, with 61% of British members and 69% of American Prime members claiming that they are worried with Amazon's increasing and stifling competition. Amazon is a big player.

The main reasons they asked for Amazon were: lower prices, more loyalty rewards, more flexible shipping choices and better product selection.

Prime Members quoted the main reasons they should choose another store over Amazon. In the United States 26% and in the United Kingdom 18% have reported that they enjoy interactions in-store.

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Explain which of the following items are money in the U.S. economy. Discuss your answers in terms of three functions of money. 1
AnnyKZ [126]

Answer:

$100

Mona Lisa painting

Explanation:

To start with, I will list the 3 primary functions of money, which are;

store of value,

unit of account, and

medium of exchange.

Going by the above, I would say that 2 of the 4 options presented before us are money, why so?

A $100 bill is definitely money, no much explanation is needed here, because it's used daily as a means of exchange between people

2. Euro is not a form of money in the US. While it is a form of money in many other places, it's not in the US because it doesn't satisfy the "medium of exchange" criteria of function of money. Euro can not be spent in a store or anywhere in the country, without it having been first exchanged into dollars

3. Mona Lisa painting, part of the functions of money is to store value, and I believe very much, a painting is a good store of money in that regard.

4. American Express credit card is not a form of money because unlike money

being used essentially, to pay for goods and services directly, a credit card is more or less, a store of wealth that is lent by the bank

6 0
3 years ago
What is an example of a street address
tekilochka [14]

Answer:

An example of a street address would be something like this

<u>560 Hudson Street</u><u> </u><u>Hartford</u><u>, CT 06106</u>

<em>(Random address I pulled off of google)</em>

5 0
3 years ago
A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use
serious [3.7K]
Television or billboard advertising 
4 0
3 years ago
Read 2 more answers
The goal of the g21 plan was to bring a vehicle to market that represented a great value and had great environmental benefits. t
svet-max [94.6K]

The answer to the blank space is green marketing.

The Prius is supposed to be marketed for its great value and environmental benefits – thus making the type of marketing the company is doing a green marketing. A green marketing is defined as the process of marketing a product or service based on their environmental benefits – it could be because the product itself is environmentally-friendly (such as the Prius, which is a hybrid electric-gasoline car, which means that it won’t emit as much pollution) or because it is produced in an environmental-friendly way.

8 0
3 years ago
Synergy and Dynaco are the only two firms in a specific high-tech industry. They face the following payoff matrix as they decide
Savatey [412]

Answer:

Explanation:

Synergy's Decision Large Budget Small Budget Dynaco's Decision Large Budget $20 million, $25 million $15 million, $0 Small Budget $0, $60 million $25 million, $30 million If Synergy believes

If synergy believes dynaco will go with a large budget that synergy should choose large budget

If synergy believes dynamo will go with small budget than synergy should go large budget

Therefore synergy does have dominant strategy

If Dynaco believes synergy will go with large budget than he will choose large budget and

If he belies synergy will go small budget than he will also choose small budget

Dynaco doesnot have dominant strategy

True,it has Nash equilibrium as (large budget,large budget)

7 0
3 years ago
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