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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.

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Please write out, step-by-step, how you obtained the correct answer for this math problem.
Neko [114]

Answer:

The correct answer is "$7,630".

Explanation:

Assuming there are four weeks in a month, then

Joe's income will be:

= 23.50\times 40\times 4

= 3,760 ($)

Zola's income will be:

= 21.50\times (40+5)\times 4

= 21.50\times 45\times 4

= 3,870 ($)

hence,

The combined gross monthly income will be:

= Jose's \ income+Zola's \ income

= 3,760+3,870

= 7,630 ($)

3 0
3 years ago
The following balance sheet information was provided by Western Company: Assets Year 2 Year 1 Cash $ 4,000 $ 2,000 Accounts rece
ICE Princess25 [194]

Answer:

The company's average days to collect receivables is 18.25 days.

Explanation:

For computing the company's average days to collect receivables, first we have to calculate the account receivable turnover ratio. The formula is shown below

Account Receivable Turnover ratio = Net credit Sales ÷ Average accounts receivable

where,

Net credit sales is given

And, the average accounts receivable = (Year 1 + Year 2) ÷ 2

                                                                = ($15,000 + $12,000) ÷ 2

                                                                = $13,500

So, Account Receivable Turnover ratio = $270,000 ÷ $13,500 = 20

Now, average days to collect receivables = Number of days in a year ÷ Account Receivable Turnover ratio

= 365 ÷ 20

=  18.25 days

Hence, the company's average days to collect receivables is 18.25 days.

7 0
3 years ago
Royal Gorge Company uses the gross profit method to estimate ending inventory and cost of goods sold when preparing monthly fina
34kurt

Answer:

The estimated inventory at the end of February is $73400 as shown below

Explanation:

Beginning Inventory $57,800

Plus: Net purchases $120000

Freight-in                     $2,700

Cost of Goods Available for Sale $180500

less: Cost of Goods Sold

Net Sales$180000

Less Estimated Gross Profit $81000

Estimated Cost of Goods Sold $99000

Estimated Inventory before Theft 81500

Less: Stolen Inventory 8,100

Estimated Ending Inventory 73400

Gross profit $180000*45%=$81000

8 0
3 years ago
If the economy is falling below potential real​ GDP, which of the following would be an appropriate fiscal policy to bring the e
IceJOKER [234]

Answer:

Government spending

Explanation:

Expanded government spending is probably going to cause an ascent in aggregate demand (AD). This can prompt higher development momentarily. It can likewise increase the overall GDP. Higher government spending will likewise affect the supply side of the economy. Likewise, increase in government spending centres to apply fiscal policy is a way which could improve the economic situation of the country, it can also improve efficiency and a development over the long-run.

6 0
3 years ago
The scenario wherein many files about the same person exist across different departments within an organization is called data _
Kamila [148]

When a person has several files across different departments in an organization, this is called data C) Redundancy

Redundancy:

  • Refers to something being repeated when it shouldn't be
  • Can often lead to the repeated copies being deleted

If a company has records of the same person, saying the same thing, across different departments, this is data redundancy as the person's records are being repeated in an unnecessary manner.

In conclusion, the scenario described is data redundancy.

Options for this question include:

A) Repetition

B) Doubling

C) Redundancy

D) Duplication

<em>Find out more at brainly.com/question/13438926. </em>

3 0
2 years ago
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