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
UkoKoshka [18]
3 years ago
9

​elena is a regular customer at cuppo' coffee. she is the first customer to enter the coffee shop every morning and spends $10 f

or a regular latte and a banana-nut muffin. after careful observation the management realizes that she does not have a strong economic motivation behind her recurring actions. what is the next step the management at cuppo' coffee likely to take to ensure that elena continues to patronize the firm and probably increase customer share?
Business
1 answer:
Vera_Pavlovna [14]3 years ago
4 0

Answer:

The management can make Elena a loyalty card holder or loyalty program member.

Explanation:

A customer loyalty program refers to a kind of reward program offered by a company to it's those customers who frequently purchase it's products or avail it's services.

Usually, under such loyalty programs, a customer is provided with a loyalty card, wherein for each purchases he/she makes, some loyalty points are earned. These loyalty points can collectively be redeemed later on, in the form of discounts.

So, in the current case, since elena is a frequent buyer of coffee on routine basis, the management can include her in their customer loyalty program and provide her with a loyalty card.

Such card will provide her with rewards and would make her feel privileged, strengthen her bond of loyalty with cuppo' coffee and may lead to increased customer share.

You might be interested in
Jie consumes three heads of broccoli and six bowls of rice each week. the price of a head of broccoli is $2 and the price of ric
Degger [83]
<span>Jie should not change her consumption of either broccoli or rice for maximization of her utility , as she consumes three heads of broccoli and six bowls of rice each week. the price of a head of broccoli is $2 and the price of rice is $4 per bowl. jie's marginal utility from the last head of broccoli consumed is 4 utils and her marginal utility from her last bowl of rice is 8 utils</span>
4 0
3 years ago
In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11
lara31 [8.8K]

Answer and Explanation:

The computation of the outstanding checks is shown below:

For the November end

= Checks - presented in the bank

= $10,230 - $8,240

= $1,990

For the December end

=  Checks - presented in the bank + presented in th bank - checks

= $10,230 - $8,240 + $11,815 - $10,655

= $3,150

We simply applied the above formula

8 0
3 years ago
Many people who want to start investing for their future want to start today, which implies an annuity stream that is paid at th
navik [9.2K]

Answer:

b. annuities due

Explanation:

Annuities due -

It refers to the amount which need to be paid at the regular interval of time , just before the beginning of the new phase , is referred to as annuities due .

The most common example of annuities due is rent , which need to be paid after every month in the starting .

Hence , from the given information of the question ,

The correct option is annuities due.

4 0
3 years ago
Seamus McIntyre started saving for retirement today by investing $624 in an account earning 4.20%. He plans to continue with mon
ZanzabumX [31]

The present value of his investment is $113501.94.

What is investment?

An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.

Present Value of an Annuity Due is equal to C + C*[1-(1+i)^-(n-1)]/i]

C = Periodic Cash Flow ($624)

i = interest rate per period =4.2%/12 =0.35%

n=number of period=24×12 =288

= $624+624[1-(1+0.0035)^-(288-1) /0.0035]

= $624+624[1-(1.0035)^-287 /0.0035]

= $624+624[(0.6331)] /0.0035

= $113501.94

As a result, $113501.94 is the correct answer.

Learn more about on present value, here:

brainly.com/question/17322936

#SPJ1

3 0
2 years ago
What are the key features of each phase of the business cycle ?
Cerrena [4.2K]

Answer:

Business cycles are identified as having four distinct phases: peak, trough, contraction, and expansion. Business cycle fluctuations occur around a long-term growth trend and are usually measured by considering the growth rate of real gross domestic product.

Explanation:

5 0
3 years ago
Other questions:
  • Monopoly power runs counter to the public interest because it leads to high prices, resource misallocation, and inefficiency. An
    6·1 answer
  • Assume that a company announces unexpectedly high earnings in a particular quarter. In an efficient market one might expect ____
    14·1 answer
  • The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of
    15·1 answer
  • Exercise 7-6 (Algo) Cash discounts; the gross method [LO7-3] Harwell Company manufactures automobile tires. On July 15, 2021, th
    5·1 answer
  • A new operating system for an existing machine is expected to cost $570,000 and have a useful life of six years. The system yiel
    7·1 answer
  • These lists provide information about two jobs. Which statement best compares the two jobs? Job A has a lower salary than job B,
    11·1 answer
  • Turner Inc. produces two products P1 and P2. The company has provided you with the following information. Assume that the curren
    9·1 answer
  • Lester's is a globally diverse company with multiple divisions and a cost of capital of 15.8 percent. Med, Inc., is a specialty
    10·1 answer
  • So if Dior made homemade lemonade from scratch, and sells it for $10 &amp; she sells 35 cups of lemonade, &amp; she made $45 but
    12·2 answers
  • Division of labor and specialization
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!