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Genrish500 [490]
2 years ago
12

Mr. Smith travels for business several weeks a month. He always stays at a Marriott hotel. Mr. Smith is likely

Business
1 answer:
kompoz [17]2 years ago
6 0

Answer:

A loyalty program

Explanation:

Loyalty program is the program in which the reward is given to that customer who are continuously engaged with the brand. It is a marketing strategy to increase the company sales by providing the reward points to the customer so that they could attractive themselves towards brand.

According to the given situation, Mr. Smith travels for several weeks in a month for business purpose. Although he always stays in a Marriott hotel.

So this situation reflects the loyalty program

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A market researcher who uses his ability to identify a logical sequence to predict demand for a new line of winter clothing is u
Charra [1.4K]

Answer:

The correct answer is Inductive reasoning.

Explanation:

Inductive reasoning is a form of reasoning in which the truth of the premises supports the conclusion, but does not guarantee it. A classic example of inductive reasoning is:

  1. All the crows observed so far have been black
  2. Therefore, all crows are black

In principle, it could be that the next crow observed is not black. In contrast to deductive reasoning, inductive reasoning has the advantage of being expansive, that is, the conclusion contains more information than is contained in the premises. Given its expansive nature, inductive reasoning is very useful and frequent in science and in everyday life. However, given its fallible nature, its justification is problematic. When are we justified in making an inductive inference, and concluding, for example, that all crows are black from a limited sample of them? What distinguishes a good inductive argument from a bad one? These and other related problems give rise to the problem of induction, whose validity and importance has continued for centuries.

7 0
3 years ago
Consider a Cobb-Douglas production function with three inputs. K is capital (the number of machines), L is labor (the number of
olga_2 [115]

Based on the above scenario, the production function is Y=K1/3L1/3H1/3.

<h3>What is  production function?</h3>

The word production function is known to be an equation that is said to be the one that shows the relationship between the quantities of productive factors (that is labor and capital) that are said to be used and also the number of product that has been obtained.

Note that from the above, the equation that stands for Cobb-Douglas production function with three inputs. K is capital (the number of machines), L is labor, and H is human capital  is Y=K1/3L1/3H1/3.

Learn more about production function from

brainly.com/question/25672041

3 0
2 years ago
A consumer uses goods and services to _____.
allochka39001 [22]
The answer is...

A consumer uses goods and services to satisfy economic wants.
8 0
3 years ago
Read 2 more answers
In the late 1960s and the early 1970s, the ___________ and the __________ attempted to resolve the dispute by agreeing to severa
11Alexandr11 [23.1K]

Answer:

In the late 1960s and the early 1970s, the _texas bar association_ and the _texas association of realtors_ attempted to resolve the dispute by agreeing to several earnest money contracts that would be acceptable for real estate practitioners to use in their daily business.

Explanation:

(Texas Bar) is a judicial body which is under the Supreme Court's administrative control. They shall assist the Texas Supreme Court with the supervision of all lawyers in Texas. It is America's fifth largest lawyer group.

The association of realtors is an organised group that protects the rights of realtors and also lays down some ground rules for all realtors to abide.

7 0
3 years ago
Route Canal Shipping Company has the following schedule for aging of accounts receivable:Age of Receivables April 30, 20X1 (1) (
m_a_m_a [10]

Answer:

Explanation:

The formula to compute the percentage of amount due for each month is shown below:

= (Month wise amount due) ÷ (Total receivables) × 100

For April:

= ($156,240) ÷ ($390,600) × 100

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For March:

= ($78,120) ÷ ($390,600) × 100

= 20%

For February:

= ($117,180) ÷ ($390,600) × 100

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For January:

= ($39,060) ÷ ($390,600) × 100

= 10%

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2 years ago
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