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Gnesinka [82]
3 years ago
9

Albert and Alberta love the University of Florida and want to support the school in every way. They always like to drink Gatorad

e after they are done working out at the gym. The gym decides not carry Gatorade in their vending machines anymore and switches to Powerade. Albert and Alberta refuse to drink anything but Gatorade so they switch their gym membership to one that carries Gatorade. Albert and Alberta are portraying what component of Brand Equity?A. LoyaltyB. AssociationsC.Product BrandD. AwarenessE.Perceived Quality
Business
2 answers:
skelet666 [1.2K]3 years ago
7 0

Answer:

A. Loyalty

Explanation:

Brand Equity is the term used to describe the identity of a specific brand that has been built to be recognized and followed by its customers with loyalty.

Loyalty related to Brand Equity is the main factor in placing product quality and image as one of the company's marketing strategies. This is because it makes the consumer "fall in love" with the product offered, refusing to exchange it for similar ones, but who do not have the same identity. An example of this can be seen in the question above, where Albert and Alberta refuse to stay at a gym that does not offer their favorite drink. Because of this, they prefer to leave this gym and look for one that provides the drink they want.

nignag [31]3 years ago
6 0

Answer:

The correct answer is letter "A": Loyalty.

Explanation:

American doctor and University of Florida Professor J. Robert Cade (1927-2007) and his research team created energy drink Gatorade in 1965 after observing Gator football players getting sick during Florida heats.  

<em>As Albert and Alberta love the University of Florida they are likely to be identified with any iconic item from that University. Thus, if they usually drink Gatorade it will be difficult for them to accept any other rehydration drink other than Gatorade. By changing gym memberships just because in their current gym they do not offer Gatorade they are showing </em>loyalty <em>to the University of Florida.</em>

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For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units
Anna71 [15]

Answer:

The product cost for 24,500 units is $497,350.

Explanation:

The reason is that the the product cost always includes all the variable production cost and specific fixed production cost. In this scenario, direct material cost, direct labor cost, variable manufacturing overhead cost are variable production cost whereas the fixed manufacturing cost is specific fixed production cost which will form part of product cost. The remainder of the cost left is period cost.

Direct materials (24,500 * $7.7 per unit)                               $188,650

Direct labor (24,500 * $4.7 per unit)                                       $115,150

Variable manufacturing overhead (24,500 * $2.2 per unit)  $53,900

Fixed manufacturing overhead (24,500 * $5.7 per unit)      <u>$139,650 </u>

Total product costs                                                                 $497,350

7 0
3 years ago
Fact pattern 33-1a berry indicates that she is acting as an agent on behalf of an unidentified client—cuisine catering, llc—when
posledela
Liability to Desean for non performance of the contract may be imposed on BERRY AND CUISINE CATERING.
Berry is required by the law to perform the duties in the contract agreement, failure to do this will creates liability for Berry and in that case, both Berry and Cuisine catering will be liable, because Berry had said that she is working on behalf of Cusine catering, thus, Cusine catering is already a part of the contract.
8 0
3 years ago
Suppose the local market for legal services has an upward sloping supply curve, PL = 150 +0.0001QL where PL is the price of lega
Margaret [11]

Answer:

C) $50,000,000

Explanation:

The aggregate rent is the surplus earned by the lawyers for operating over their cost at this market equilibrium.

In the picture attached, the rent is showed graphically.

At PL=$250 per hour, the amount of demanded hours is QL=1,000,000.

The oportunity cost at a zero hours level is PL(0)=$150.

The rent can be calculated as:

Rent=\frac{QL_{equil} x (PL_{equil}-PL_0)}{2}\\\\\\Rent=\frac{1,000,000*(250-150)}{2}= \frac{1,000,000*(100)}{2}=50,000,000

The aggregate rent is $50,000,000.

8 0
3 years ago
Read 2 more answers
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erik [133]
I would say alot of money
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3 years ago
Elle wants to understand how much, on average, her ads cost her per click. Which metric would best help her understand this
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To find out how much, on average, her ads cost her per click, Elle could use the cost-per-click (CPC) metric.

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You must divide the total spent for an ad by the total number of clicks received. The CPC will be effective if it is aligned with the goals determined by the Return on Investment (ROI) forecast by the company.

Therefore, metrics in digital marketing ads help companies analyze the reach and effectiveness of their ads, increasing control and management.

Find out more about digital marketing here:

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7 0
2 years ago
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