Answer:
Product Bundle
Explanation:
Product bundle is the term which is defined as where the several individual services or goods which are sold to the consumers in a single combined package. And the few retailers only sell the items as a product bundle not individually.
In this scenario, the Salon offers the combined package of $50 and the individually the prices are different . So, it will be called or known as the Product bundle.
The difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.
<h3>What is renters insurance?</h3>
Renter's insurance is the property insurance that covers the (renter's) policyholder's personal belongings, liability, and some living expenses in case of a loss event.
With replacement cost renters insurance, the policyholder has sufficient funds to replace all insured belongings and other losses.
With cash value renters insurance, the policyholder can only recover the depreciated value of their assets.
Thus, the difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.
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Answer:
The correct answer is A. Life insurance company
Explanation:
deposit institutions are those that obtain funds mainly by accepting the deposits from the public. all commercial and mutual savings banks, credit union and savings and loan associations are types of deposit institutions while insurance corporations are not primarily deposit institutions.
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Answer:
The correct answer is D. differentiate their products.
Explanation:
Product differentiation is a competitive strategy that aims at the consumer perceiving differently the product or service offered by a company, with respect to those of the competition.
Product differentiation can be based mainly on various attributes such as quality, color, size, after-sales service, specialized attention, location, brand recognition or luxury. But any attribute makes perceive a product or service differently is considered product differentiation.
It should be noted that the differentiation also has a subjective element since consumers can perceive that a certain brand is different from another based not on the comparison of objective characteristics but on the idea that they have made of the company and its image.