All categories

3 years ago

Because services are inseparable, they cannot be tried before they are purchased. To counteract this, a service firm might:

Business

1 answer:

Marina CMI [18]3 years ago

3 0

Answer:

A, Offer a guarantee for the customer's complete satisfaction.

Explanation:

SInce services are inseperable beacuse there cannot be trials unlike in some goods, the only way to keep a customer's mind at rest over the service he or she is getting to give a guarantee as to the quality of the service such that the customer is satisfied and can purchase the service.

For example, giving a customer a time frame for the durability of a service and also a consideration for re-service before the set or supposed time is a way of giving customer guarantee about a service he or she is purchasing

Cheers.

You might be interested in

Sandhill Inc. has the following information related to an item in its ending inventory. Packit (Product # 874) has a cost of $76

Sladkaya [172]

Answer:

$64

Explanation:

The computation of final lower-of-cost-or-market inventory value is given below:-

Ceiling LCM = Estimated selling price - Cost to disposal or NRV ($68)

Floor LCM = NRV - Normal profit

= $68 - $4

= $64

Conditions: 1)When the cost of replacement is greater than the LCM ceiling then the LCM ceiling is considered the market cost.

2)If the cost of replacement is greater than floor LCM then floor LCM is considered to be the market cost

So, second condition is satisfied.

The market value is $64, cost is $76.

Lower of cost or market rate is $64

8 0

3 years ago

Define federal deposit insurance corporation.

aliya0001 [1]

The federal deposit insurance corporation is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance covers all deposit accounts , including: checking accounts, savings accounts ,money market deposit accounts.

8 0

3 years ago

Seventy percent of Pitkin Corporation's sales are collected in the month of sale, 20% in the month following sale, and 10% in th

Andrej [43]

Answer:

$275,000

Explanation:

Cash collections in April = 70% of sales in April +20% sales in March + 10% sales in Febuary

= 70% * $250,000 + 20% * $350,000 + 10% * $300,000

= $275,000

7 0

3 years ago

On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. After recording the entry to bring the accum

nekit [7.7K]

Answer:

The debit balance for the vehicles account was $20,000, and the credit balance of accumulated depreciation account was $18,000.

Dr Vehicles account 20,000
Cr Accumulated Depreciation Vehicles account 18,000

then the van was sold for $2,000

Dr Cash account 2,000
Cr vehicles account 2,000

Since the carrying value of the van was $2,000 (= $20,000 - $18,000) and the van was sold for $2,000, Patel had no gain or loss from this transaction.

4 0

3 years ago

according to the midpoint method, the price elasticity of demand for oranges between point x and point y is approximately0.05 ,

Shtirlitz [24]

Yes According to the Mid Point Method The degree to which customers are receptive to price changes is gauged by their price elasticity of demand.

<u>WORKING OF MID POINT METHOD</u>

Demand is considered to be elastic if consumer behaviour changes significantly in reaction to a minor change in price, as opposed to inelastic if customers alter their purchasing behaviour very little in response to a large change in price.

The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:

To learn more about Mid Point Method, Click the links

brainly.com/question/27961894

#SPJ4

4 0

2 years ago