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Salsk061 [2.6K]
4 years ago
9

Andrea Arena is the owner of 2 Places at 1 Time, a concierge company. She and her staff of 60 perform everyday services such as

walking the dog, picking up cleaning, waiting for the repairman, and going to the post office for people who are too busy to perform these simple acts themselves. She is such a caring person and so well liked that her customers recommend her instead of her business to people who are looking for someone to perform similar services. Their inability to see the distinction between Arena and her services is an example of which unique characteristic of services?
A. intangibility
B. impressionability
C. incongruity
D. inseparability
E. inflexibility
Business
1 answer:
shepuryov [24]4 years ago
7 0

Answer:

D) inseparability

Explanation:

Inseparability of services refers to fact that consumers always associate the service with the deliverer of the service, and they cannot separate them. The service provider is considered a part of the service being provided.

For example, a doctor provides health care, but it is impossible to separate the service being provided, health care, from the doctor himself. When we are sick we do not say "I must go get a health care service", we say "I need to see a doctor".

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Ann got a 30 year FRM with annual payments equal to $12,000 per year. After 2 years of payments Ann will refinance the balance i
IrinaK [193]

Answer:

Ann s annualized IRR from refinancing is -0.0960

Explanation:

A / 1 B                                               C          D E F G H

2 Ann        

3 FRM duration in years                 30      

4 Annual payment $                    12,000      

5 Total Payments for 30 years        $360,000    

6 Payments made for                 2             years    

7 Payment amount for 2 year         $24,000      

8     after two years FRM outstanding  $336,000    

9        

10 Refinancing is done for                  28               years    

11 Annual payment                          $10,000      

12 Total Payments for 28 years $       280,000    

13 Refinancing Cost                           $2,500      

14 Total amount of cost                   $282,500    

15 Balance outstanding before refinancing   336,000    

16 Amount saved at the end of 2nd year   $53,500     period cashflow cash payment  cost of refinance prepayment NetFlow

0     360,000                                                    360,000

1                  (12,000.0)                                   (12,000)

2                              (12,000.0)       (2,500)                   (14,500)

3    280,000.0  (10,000)                                (336,000) (66,000)

4                   (10,000)                                                   (10,000)

5                              (10,000)                              (246,000) (256,000)

    640,000 (54,000)                (2,500)     (582,000)        1,500

IRR = -0.0960%

Therefore, Ann s annualized IRR from refinancing is -0.0960

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Mass media advertising means reaching out to wide masses by means of print media, visual  and audio marketing through television, audio marketing through radio.

Mass media advertising involves heavy expenditure and thus before opting for it, the marketing communicators should weigh in or consider other marketing communication modes as well.

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A

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