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Lilit [14]
2 years ago
15

JetBlue’s "Even More Space" initiative allowed passengers to buy seats with more legroom for a slightly higher price. The initia

tive increased JetBlue’s profit margin. Which customer development strategy does this exemplify?
Business
1 answer:
8090 [49]2 years ago
7 0

Answer: Upselling

Explanation:

Upselling is a customer development strategy whereby the customers are encouraged to buy an upgraded or higher end version of a particular product. Upselling therefore results in the customers spending more than what they initially planned for and this bring about increase in revenue to the company.

Therefore, the customer development strategy exemplified by JetBlue is Upselling.

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List five organizations where you could volunteer your services. Describe the type of work you might perform for each organizati
VladimirAG [237]

Answer:

animal shelter: feeding the animals giving them baths and walking them maybe

eldery homes: help them clean up a bit and just talk to them

Explanation:

sorry i cant think of more

7 0
2 years ago
Read 2 more answers
Aurora Corporation operated without insurance coverage for the first month of operations. Then, on February 1, the company paid
irina1246 [14]

Answer:

Answer:

Correct answer is letter B, $2,200

Explanation:

Using accrual basis method, revenue and expenses will be recognized when incurred whether paid (expenses) nor collected (revenues).

The $4,800 is a 24 months policy, therefore we must compute the insurance expense applicable for the year covering from February 1 to December 31 (11 months)

$4,800 divided by 24 months = $200 insurance per month multiply by 11 months expired portion (February 1 to December 31) = $2,200.

An adjusting entry to recognize the expire portion of the insurance must be done at the year end in the amount of $2,200.

($4,800 / 24 months = $200 x 11 months = $2,200)

5 0
2 years ago
How much will a company's net operating income change if it undertakes an advertising campaign given the following data: Cost of
Olegator [25]

Answer:

Increase in net operating is $9,800

Explanation:

<u>Computation table</u>

Increase in sales                         $60,000

<u>Less:Variable expense (42%)    $25,200</u>

<u>Increase in contribution             $34,800</u>

<u>Less:Cost of advertising            $ 25,000 </u>

<u>Increase in net operating          $9,800</u>

<u />

5 0
2 years ago
Brand loyalty can be created by: a. minimal advertising. b. not using patents to protect products. c. cutting the costs for rese
vesna_86 [32]

Answer:

Option d is the correct option.

Explanation:

All other options creates less awareness and uniqueness of the products, whereas emphasising on better quality of products creates brand recognition and this higher brand recognition creates greater brand loyalty.

For creation of brand loyalty, we have to offer our customers something extra that our competitors are unable to deliver.

7 0
3 years ago
Read 2 more answers
"When ClubCorp had an attrition problem, they hired a market research company to get to the bottom of things. What two things di
lara [203]
Cost of Membership
benefits of membership
5 0
3 years ago
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