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barxatty [35]
3 years ago
12

Amazon was one of the first online retailers to launch advanced technology to track consumer visits and suggest products wheneve

r they returned to the site. This ability to find out what customers have bought in the past, and project that they will buy similar items in the future, has been a key factor underlying Amazon's strategy and growth. When Amazon asks customers if they plan on buying certain products in the future, it is measuring:_____.
Business
1 answer:
Gnoma [55]3 years ago
5 0

Answer: Purchase intent

Explanation:

Purchase intent refers to the likelihood that customer will purchase a certain good or service in future. It enables the company using this model to advertise goods that have a higher purchase intent to the customer which would go a long way in persuading them to buy the product.

Amazon uses this strategy as well as others that track demand and price goods optimally which is one of the main reasons for their success.

You might be interested in
You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement
Serga [27]

Answer:

Marketing is much more than just sales and advertising.

Explanation:

Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .

Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.

The distribution channel must also be considered, like getting the goods

directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.

The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).

3 0
3 years ago
Bramble Corp. purchased a delivery truck for $38,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and
Advocard [28]

Answer:

$0.37

Explanation:

Depreciable cost = cost of asset - salvage value

$38,800 - $1,800 = $37,000

Depreciable cost per mile = $37,000 / 100,000  = $0.37

5 0
3 years ago
Knowledge Check 01 Which of the following is a correct statement regarding control of over-the-counter cash receipts: multiple c
nevsk [136]

Answer: The supervisor should compare the register transactions with the cash receipts report to make sure that both are correct.

Explanation:

The cash register shows the actual amount of money that is collected by the business during the day and the cash receipts journal records the cash collected.

There is therefore a need to ensure that these two tally up as a control method. The supervisors should therefore check for this and if they find that these two are not the same, it means that there is an error somewhere that needs to be rectified.

4 0
3 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
3 years ago
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive
11111nata11111 [884]

Answer:

The answer is "4200"

Explanation:

Please find the complete question in the attached file:

Calculating the variable cost in km:

= \frac{(105,000 \times 0.114 - 70,000 \times 0.134)}{(35,000)} \\\\ = \frac{(11,970 - 9,380)}{(35,000)} \\\\ = \frac{2,590}{(35,000)} \\\\ =0.074

Calculating the fixed cost:

= (105,000 \times 0.114) - (105,000 \times 0.074) \\\\ = (11,970) - (7,770) \\\\=4,200

3 0
3 years ago
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