The answer in this question is the foot-in-the-door phenomenon which is the first one in the choices. The results of this experiment that the researchers conducted support the foot-in-the-door phenomenon. The foot-in-the-door phenomenon is one that is supported by the result of this experiment.
In service sector industry would customers evaluation of employee performance be the most useful.
This activity happens in the service sector industry, where customers evaluate the employee performance. When positive reviews are shared then this boosts staff morale.
So seeing this their actions have a beneficial impact on the lives of the customers can be very motivating. So, to gain real-world knowledge of how your employee and organization is viewed by your customer, the best advantage is securing customer evaluation.
Hence, without this knowledge, you will have little proof that your internal human resources controls affect the business, either negatively or positively.
To learn more about service sector here:
brainly.com/question/13068979
#SPJ4
Answer:
$180
Explanation:
The bid price of a stock is $14.25
The ask-price of a stock is $15.45
A flat commission of $30 must be paid in the stock
100 shares of stock are bought
Therefore, the total implied and actual transaction costs can be calculated as follows
= Commission+(ask price-bid price)×number of shares
= 30×2+($15.45-$14.25)×100
= 60+ 1.2×100
= 60+120
= $180
Hence the total implied and actual transaction cost is $180
Answer:
Rivalry among existing competitors is high when competition is fierce in a market and low when competitors are more complacent.
Explanation:
The market in this case is a general place or area where the business of trade can be conducted. The trade is usually for commercial purposes. In a market where there are many parties involved particular in the sale of the same goods or services, competition is likely to develop. Competition in the context of marketing is the activity of a company or business trying to gain an upper hand over the other party. Competition is always over the same products and services or over similar target audience. The main aims of competition in business is to achieve more sales or to gain a larger share of the market over the competition. Business competition is important due to various factors; improves service delivery, makes the business better, improves employee efficiency and also boosts innovation.
An existing competition in a market can be defined as either high or low depending on the level of aggression by the competitors in that market. A fierce market is one where the competitors are very aggressive, this means that the rivalry among existing competitors is high. On the other hand, when the competitors are complacent, the rivalry in the market is low
