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Ipatiy [6.2K]
2 years ago
7

The owner of a local restaurant wants to enhance consumers' attitudes toward his restaurant by changing the affective component

of their attitude. Which of the following is an appropriate approach to achieve this objective? Convince consumers that an attribute for which this restaurant is strong is more important than other attributes consumers consider for this product category. Inform consumers that delivery is now available. Change consumers' beliefs about attributes of his restaurant. Use positive music in their advertisements so that over time consumers will transfer the positive affect associated with the music to the restaurant. Offer coupons to get consumers to visit the restaurant.
Business
1 answer:
posledela2 years ago
5 0

Answer:

I would say to offer coupons

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Fitfabfun, Trunk Club, and Naturebox offer their services on a subscription basis and as written this represents the trend of social media in the future and this represents online and subscription-based personal shopping.

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7 0
1 year ago
A merger is a mutual agreement where a firm joins together with another firm, whereas an acquisition is when one firm purchases
lesya692 [45]
What is the question here?
7 0
3 years ago
How is a mutual fund different than an index fund?
Vesnalui [34]

Answer:

Index funds are mutual funds, but instead of owning maybe twenty or fifty stocks, they own the entire market. (Or, if it's an index fund that tracks a specific portion of the market, they own that portion of the market:)

8 0
2 years ago
Langley Clinics, Inc buys $400,000 in medical supplies each year (at gross prices) from its major suppliers, consolidated servic
SOVA2 [1]

Answer:

a) Langley buys $400,000 (gross) in medical supplies a year from Consolidated. The net purchases (the true cost of the supplies) is only 0.975 x $400,000 = $390,000 because they can be bought at a 2.5 percent discount when payment is made within 10 days. On a daily basis, Langley purchases $390,000 / 360 = $1,083.33. If Langley takes the free credit and pays on Day 10, its payables from Consolidated would total 10 x $1,083.33 = $10,833.33, which is the amount of free credit.

b. If Langley pays after 45 days, its accounts payable will increase to 45 x $1,083.33 = $48,750. Thus, the amount of costly trade credit is Total trade credit – Free trade credit = $48,750 – $10,833.33 = $37,916.67.

c. Langley is foregoing a 2.5 percent discount on its $400,000 of purchases, so the dollar cost of the additional (costly) trade credit is 0.025 x $400,000 = $10,000. Dividing this dollar cost by the amount of additional credit provides the approximate percentage cost of the costly trade credit:

$10,000

Approximate percentage cost = ──────── = 0.264 = 26.4%.

$37,916.67

Of course, the approximate cost could have been found by applying the following formula:

Discount percent 360

Approximate % cost = ────────────── = ────────────────────────

100 - Discount percent Days credit received - Discount period

2.5 360

= ─── = ─── = 0.264 = 26.4%.

97.5 35

d. If Langley can obtain a bank loan for less than 26.4 percent cost, including interest cost and fees, it should replace the costly credit ($37,916.67) with a bank loan.

e. As indicated in Part d, only the costly trade credit should be replaced. Langley should always take the $10,033.33 of free trade credit.

7 0
3 years ago
Debt ratios measure the proportion of total assets financed by a firm’s creditors. Sunny Co. has a debt-to-equity ratio of 4.00,
Varvara68 [4.7K]

Answer:

Carter Co. has greater financial risk as compared to Sunny Co. and to the average financial risk in the industry.

Explanation:

Since the industry average is 3.20

Provided Debt to Equity is

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Since debt to equity represents the financial risk associated with the product.

It is clear that both the companies are on a higher financial risk than that of the industry.

Further the company is still in a better position than that of the competitor, as the later has higher debt to equity ratio.

Therefore, the first statement concluding that the financial risk of Carter Co. is highest of all including the competitor and the industry average is True.

3 0
3 years ago
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