Answer:
2) CLTV
Explanation:
Customer lifetime value (CLTV) is simply how much profit do you expect to earn from a specific customer, or group of customers. There are several ways of calculating CLTV, but I believe this is the easiest one.
CLV = T x AOV x AGM x ALT
- T = average transactions per month
- AOV = average order value
- AGM = average gross margin
- ALT = average life span
Suppose in studying Climate Change we discover that in one country, deserts are going to be created where formerly there was grasslands and an abundance of water and in another place the coastlines are going to be altered. If you are an American, how do you think a politician is going to respond to such a problem.
Will his/her response be well thought out based on scientific preparedness, or will he (or she) grab onto the first solution suggestion to him/her and try and implement that?
Whatever he/she does, it will cost and everyone will be affected. A starting place is to find out what presidents in the past have done. During the Bush administration (the second Bush), there was an oil crisis. He responded by allocating more acreage to the growing of corn so supplementing oil production. Replaceable resources for non renewable ones. Sounded like a very good solution, but was it? As it turned out, no. He was robbing Peter to pay Paul. Thousands of people suffered (and died) with that decision because food is much more important than solving transportation problems at the expense of food.
The same is true here. If a solution is sought for global warming, politicians have to be well aware of what they are doing. And that has to be studied very carefully.
Question:
An express warranty is created when a seller:
A) makes an affirmation of fact or promise concerning the goods that becomes part of the basis of the bargain.
B) uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase.
C) sells goods meant for use for ordinary purposes.
D) avoids using a sample or model as the basis for the contract.
Answer:
The correct choice is A)
An express warranty is created in the contract when a supplier makes a promise concerning the goods that the buyer can hold on to as an incentive to purchase the product.
Explanation:
For example, if a consumer buys a Laptop online, but when it arrives the item is the wrong specifications, wrong color, or is dented or damaged in anyway, an <em>express warranty</em> might entitle the consumer to a refund or replacement.
This warranty usually is stated upfront prior to or during the execution of the sales transaction.
Cheers!
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<span>This is most likely an example of a franchise opportunity. It could also be considered to be a hybrid type of franchise where the indepenent dealers have more leeway in how the business looks and how it is run. This would be a win/win for many independent dealers as the would still be making most of the local decisions.</span>
