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Marianna [84]
3 years ago
14

Sam is a retiree with considerable resources, so he doesn't really spend much time on purchase decisions. His belief is that the

most expensive brand is probably also the best in terms of quality. Sam uses price as a _____ indicator of quality.
Business
1 answer:
Luba_88 [7]3 years ago
4 0

Answer: completing the last sentence in question:

Sam uses price as a surrogate indicator of quality.

Explanation: From the question, Sam when making purchases, has a believe that the costlier goods posses more quality than other cheaper goods. Therefore he is indirectly taking price as a key indicator of quality or a replacement for quality.

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Mike started a calendar year business on September 1st of this year by paying 12 months rent on his shop at $1,000 per month. Wh
solong [7]

Answer:

C. $12,000 under the cash method and $4,000 under the accrual method

Explanation:

Under the cash basis of accounting, whenever an amount is received or paid, it is recognized in the books of accounts

Whereas, on the accrual basis of accounting, the cash received / payment or not it is recognized in the books of accounts. It is recorded when it is earned not when it is received or paid.  

So, by this above information

The cash method would recognize $12,000 ($1,000 × 12 months)

Whereas

The accrual method would recognize $4,000 ($1,000 × 4 months)

We assume the books are closed on December, 31

8 0
3 years ago
Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality includ
balandron [24]

Answer:

Differences in abilities and talents

Explanation:

Income inequality refers to variation or discrepancy between income levels of individuals. Income inequality arises on various accounts one of which being, difference in abilities and talents.

All individuals possess different skill sets and their efficiencies vary too. Some individuals are more creative and talented than others while some are more laborious and hardworking.

Each skill set has it's own demand and thus, income is fixed as per the demand of a particular skill set for a given sector.

This leads to some earning lot more than others and differences in pay scales as per the abilities individuals possess.

6 0
3 years ago
To win back customers after they have discontinued service, when should the initial communication be made? g
nataly862011 [7]

The following methods can be used to successfully win back customers after they have discontinued service.

<h3>Successfully Re-engage Customers:</h3>
  • Consider the primary cause of the customer's initial reluctance. Take some time to consider what drove your brand to this point before developing unique methods for your re-engagement plan.
  • Surveying your consumers is one of the finest ways to find the answers to your inquiries. Based on how long a consumer has been away from your store, create a survey and email it to them.
  • Targeted email campaigns are a wonderful strategy to re-engage clients in addition to providing a generic email newsletter based on their prior actions and behaviours.
  • Digital re-targeting is the practice of setting cookies on visitors to your website or social media profiles, or tagging them, and classifying them into groups depending on the pages they visit and how they interact with your website.

Existing clients that have already chosen to use your brand for commercial purposes are quite valuable. Don't let them disappear into oblivion.

To know more about advantage of e-mail, here

brainly.com/question/2234629

#SPJ4

4 0
1 year ago
A new understanding that has emerged from the research in neuropsychology is that:
Anestetic [448]
<span>The neuropsychology studies the structure and function of the brain and the relationship between the brain and the specific psychological processes and behaviors.</span><span>
A new understanding that has emerged from the research in neuropsychology is that </span>biology impacts behavior, but the environment also affects biological functioning.

8 0
3 years ago
One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and
hichkok12 [17]

GATT  is a very common term in business. One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and Trade.

<h3>What is the meaning of GATT?</h3>

The word simply means General Agreement on Tariffs and Trade. This  General Agreement is known to covers international trade in goods.

They are involved in Trade negotiations. The WTO is regarded as the successor to the General Agreement on Tariffs and Trade (GATT) set up after the Second World War.

Learn more about GATT from

brainly.com/question/7141880

5 0
2 years ago
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