1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tigry1 [53]
3 years ago
7

On her way to office, Mandy bought a cup of cappuccino from a newly opened café. She loved the drink, and recommended the café t

o her colleague. In the given scenario, Mandy's recommendation is an example of ________.
Business
1 answer:
Serhud [2]3 years ago
7 0

Answer:

On her way to office, Mandy bought a cup of cappuccino from a newly opened café. She loved the drink, and recommended the café to her colleague. In the given scenario, Mandy's recommendation is an example of <em>Word-of-Mouth advertising which is an unpaid form of promotion in which, satisfied customers tell other people how much they like a business, product or service. Word-of-mouth advertising is important for every business, as each happy customer can steer dozens of new ones your way.</em>

Explanation:

Word-of-mouth marketing (WOM) is an age old marketing technique that has stood the test of time to remain the most effective form of marketing. It is a powerful asset in our line of work which retains its influential power on the purchase behaviour of customers because it is based on trust, piques people's interestand and gets people talking.  

It is also called word of mouth advertising which is incorrect because, by definition, advertising is a paid and non-personal communication.

There are different word of mouth marketing techniques that may used when something is done or created unique are:

- Set up word of mouth triggers.

- Use visual triggers as emotional provocation.

- Encourage user generated content.

- Positive WOM is to provide information for consumers which highlights the strengths of a product or service and encourages consumers to adopt a product or service.

- Push ratings and reviews hard: about 62% of consumers search online for reviews and information before purchasing a product and a whopping; 90% believe brand recommendations from friends; 28% of consumers say word of mouth is the most important factor in strengthening or eroding brand affinity.  

Marketing executives considered mouth to mouth to be the most effective form of promotion and indicated that they believe word of mouth is the most effective form of marketing.

You might be interested in
A company manufactures various sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $67
VLD [36.1K]

Answer:

The company should buy from an outside source rahter than manufacturing because each bottle manufactured costs $5 more.

Explanation:

Differential Analysis

                                                          Make            Buy

Manufacturing Cost per bottle         $ 67

Purchasing Cost per bottle                                  $35

Freight per bottle                                                  $ 5

<u>Fixed Costs                                                            $ 22   </u>

<u>Total                                                   $ 67              $62   </u>

<u />

The company should buy the bottles from the  outside source because the manufacturing costs are higher than the purchasing costs and the fixed costs.

The fixed costs are the irrelevant costs that will continue whether bottles are manufactured or purchased.

6 0
3 years ago
Technology combined with rapid international communication of news, entertainment, and lifestyles is dramatically increasing the
harina [27]

Answer:

True

Explanation:

The great advances in the mass media and technology have marked consumer habits in our society. One of the most influential today is television, because it can change the way people act or think and, in this way, create a different reality through advertising, most experience the impact of advertising by the large number of hours spent surfing the net.

6 0
3 years ago
Accounting information systems integration
Arlecino [84]
Accounting information system integration is the process of standardizing the procedure for recording transactions and disseminating financial information.  <span />
4 0
3 years ago
Rent collected in advance is: Multiple Choice A shareholders' equity account in the balance sheet. A temporary account, not in t
gulaghasi [49]

Answer:

A liability account in the balance sheet.

Explanation:

When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;

Debit Cash account

Credit Unearned/Deferred rental revenue

The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.

As such, the collection of rent in advance is A liability account in the balance sheet.

3 0
3 years ago
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Svet_ta [14]

Answer: Making initial development private saves the government from funding all of the research.

Explanation:

A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.

Government award grants for the development of technologies, community projects, home insulation etc.

With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.

6 0
3 years ago
Other questions:
  • __________ is setting a price for products that must be used along with a main product, such as blades for a razor and games for
    10·1 answer
  • Below are a set of heights (in inches) and GPA scores for a sample of 6 students. Height, GPA 60, 4.0 55, 3.2 62, 3.7 55, 3.9 49
    14·1 answer
  • Which term refers to the first level of a product, which depends on the customer value it generates?
    7·2 answers
  • In CONTRAST to sexual reproduction in plants, sexually-reproducing fungi:
    7·1 answer
  • At the end of 2016, Splish Brothers Inc. has accounts receivable of $675,100 and an allowance for doubtful accounts of $24,370.
    9·1 answer
  • Which one of the following measures the average amount of time that it takes to repair a system, application, or component?
    11·1 answer
  • Compensation, recognition, and status are common ______ in the workplace.
    7·1 answer
  • In doing aggregate planning for a firm producing paint, the aggregate planners would most likely deal with: a. Gallons, quarts,
    7·1 answer
  • Suppose in the spot market 1 U.S. dollar equals 1.3750 Canadian dollars. 6-month Canadian securities have an annualized return o
    9·1 answer
  • Moving between two points on a ppf, a country gains 8 desktop computers and forgoes 4 laptop computers. the opportunity cost of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!