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shtirl [24]
3 years ago
13

Discuss some ways a large insurance company such as allstate, progressive, or state farm might use social media tools such as mi

croblogs or social networking. Do you think these tools are more applicable to a service company than to a manufacturing organization? Discuss.
Business
1 answer:
Talja [164]3 years ago
6 0

Answer:

Yes, service companies have advantages in the use of this type of tools compared to production companies.

Explanation:

These companies can make massive use of social networks to increase their coverage and satisfaction, and this is achieved by identifying the needs of people to be able to offer services with security and confidence. Any person can require insurance of any kind at least once in their life, and it is at this point that it must be established in such a way that all the offer for which potential customers can decide is known.

Insurance companies have a great advantage over other sectors, and that is that they can easily offer their services through electronic means, online advertising, banners, etc., on the other hand, a company that is dedicated to producing must establish a penetration strategy offering its services or products to potential stakeholders who identify themselves in the sector.

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What future IT capability needs (both physical and human) could the organisation have with respect to document design and produc
d1i1m1o1n [39]

Answer:

22222

Explanation:

8 0
3 years ago
Southwest Airlines and Carnival Cruises collaborated to market "fly and cruise" specials from major cities to Carnival's ports i
zheka24 [161]

Answer: Cross-promotion

Explanation:

Southwest airlines and Carnival cruises are engaged in a Cross-promotion, where the both companies services are used to promote to other.

Cross-promotion simply is a business concept, whereby a product/service is used to promote another product/service. An example is a soft drink production company promoting the consumption of their soft-drink products with snacks produced by a particular popular fast-food restaurant.

4 0
3 years ago
Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons
MissTica

Answer:

$140

Explanation:

Calculation for What is the least amount the government can spend to overcome the $350 billion gap

First step is to find the Multiplier using this formula

Multiplier=1(1-Marginal propensity)

Let plug in the formula

Multiplier=1/(1-0.6)

Multiplier=1/0.4

Multiplier=2.5

Now let calculate the least amount the government can spend using this formula

Least amount=Gap/Multiplier

Let plug in the formula

Least amount=$350 billion /2.5

Least amount=$140

Therefore the least amount the government can spend to overcome the $350 billion gap is $140

4 0
3 years ago
Demand for a product is 500 units per month. The company incurs a fixed order placement, transportation, and receiving cost of 4
9966 [12]

Answer:

Economic Order Quantity is the level of inventory that minimizes the total inventory holding costs and ordering costs. It is one of the oldest classical production scheduling models. Economic order quantity refers to that number (quantity) ordered in a single purchase so that the accumulated costs of ordering and carrying costs are at the minimum level. In other words, the quantity that is ordered at one time should be so, which will minimize the total of. Cost of placing orders and receiving the goods, and Cost of storing the goods as well as interest on the capital invested.

economic order quantity (EOQ)

3 0
2 years ago
When an interest-bearing note is dishonored at maturity and ultimate collection is expected, the entry for the dishonoring, assu
tresset_1 [31]

Answer:

The correct answer is C. a credit to Notes Receivable and Interest Revenue.

Explanation:

When this registration is made, what occurs is to decrease the obligation they have with our organization, and an increase in income due to the recognition of the interests effectively recognized at the expiration of the obligation. Dishonoring the note means recognizing that we no longer have a callable value, and that the value receivable is extinguished as a result of the end of the agreed period of permanence.

8 0
3 years ago
Read 2 more answers
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