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3 years ago

If you wish to pay exactly the same life insurance premium each year, you would choose a:

Business

1 answer:

Kazeer [188]3 years ago

6 0

Answer:

nonparticipating policy

Explanation:

The non-participating policy is life insurance that does not pay dividends and premium are generally less compared to other insurance policies. The non-participating policy pays the same premium amount each other as long as regular payments are receives. They are generally designed to cover the whole life insurance as long as the consumer pays regular yearly payments.

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yanalaym [24]

Answer:

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3 years ago

What is institutional advertising focused on promoting

MatroZZZ [7]

Answer:

the answer is a company

Explanation:

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3 years ago

Which type of product would most likely need careful planning and cultural

docker41 [41]

Answer: A. movies

Explanation: when being made, movie makers take in consideration, all ages who could be watching this, what type of people are watching, and what kind of cultures are included in the making of the movie. They don't want to be sued for stereotypes, bias, and or degrading material.

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3 years ago

Read 2 more answers

A large software manufacturer attempts to lock in customers by making it difficult for them to substitute their software with on

SSSSS [86.1K]

Answer:

D. Switching cost strategy

Explanation:

The software manufacturer has incorporated the use of switching cost strategy by making it difficult for customers to substitute their software product for another.

Switching costs: it is also known as switching barrier. This is a the cost incurred by the customer as a result of changing brands, product, services or suppliers.

The higher the cost of switching; the lesser a customer would be willing to switch between brands, the lower the switching cost; the higher the customer would be willing to switch between brands.

Switching cost includes:

• Psychological cost: This is the cost of a customer deciding whether the new product or services would be better than the old product

• Effort-based cost: This refers to the effort a customer will put in while switching brands such as the paperwork involved.

• Time cost: The amount of time used while a customer is switching product

Strategies used by firms to discourage its customers from switching

1. Charging a high cancellation fee for service cancellations.

2. Adopting a lengthy cancellation process for service cancellations.

3. Requiring significant paperwork for service cancellations.

5 0

3 years ago

The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.

nasty-shy [4]

Answer:

Clarkson Company

Income statement for the year ended June 30, 2020

Sales Revenue $555,000

Less Costs of Goods Sold :

Opening Finished Goods Inventory $96,100

Add Cost of Goods Manufactured $390,520

Less Closing Finished Goods Inventory ($19,900) ($466,720)

Gross Profit $83,280

Explanation:

First prepare a Schedule of Manufacturing Costs to determine the Cost of Goods Manufactured.

Schedule of Manufacturing Costs

Factory Insurance $4,700

Raw Materials ($48,100 + $96,500 - $39,700) $104,900

Factory Machinery Depreciation $16,100

Factory Utilities $28,700

Direct Labor $139,350

Plant Manager’s Salary $61,100

Indirect Labor $24,560

Factory Property Taxes $9,610

Factory Repairs $1,500

Add Opening Work In Process Inventory $19,900

Less Closing Work In Process Inventory ($19,900)

Cost of Goods Manufactured $390,520

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4 years ago