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andrew11 [14]
2 years ago
8

Provide an example of a clothing store using “non-price” competition.

Business
1 answer:
Art [367]2 years ago
4 0

Answer:

Examples are such like loyalty programs, subsidized delivery, unique selling points, brand recognition, ethical and/or charitable concerns, after-sales service, positive feedback reviews, marketing campaigns and many more.

Explanation:

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A vendor sets up a stall outside of a major video game exposition. He sells products (mostly t-shirts) representing various popu
Aneli [31]

Answer:

trademark

Explanation:

5 0
3 years ago
3. Which of the following is not a characteristic of a service? (1 point)
Alona [7]

Answer:

marketability is not correct

Explanation:

Four characteristics of service are;

intangibility,

inseparability,

variability and.

perishability.

6 0
3 years ago
Read 2 more answers
attempt to avoid price competition, prefering instead to differentiate themselves by precisely targeting customer segments with
ELEN [110]

Answer:

Specialty store

Explanation:

A specialty store is a retail business that specializes in a particular range of products and its related merchandise.  A specialty store will have an extensive depth of the merchandise that its stocks. For example, a business may focus on office supplies, men clothing, or household appliances as opposed to having a wide range of consumer products.

Specialty stores will often sell their products at a premium price. They offer excellent and friendly customer service. Employees at a specialty store have in-depth knowledge about their products and will provide expert advice to customers.

5 0
3 years ago
What are the primary assets of credit unions​?
Feliz [49]

Answer:

The correct answer is B.

Explanation:

Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.

Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.

These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.

5 0
3 years ago
X-Mart uses the perpetual inventory system to account for its merchandise. On June 1, it sold $7,000 of merchandise for cash. Th
nataly862011 [7]

Answer:

Debit Cost of Goods Sold $500

Explanation:

When inventory is purchased, debit inventory and credit cash or accounts payable. When inventory is sold, credit inventory (with the cost of inventory sold) and debit cost of goods sold(p/l).

Further more, sales is recognized by crediting sales account and debiting cash or accounts receivables.

As such, if original cost of the merchandise to X-Mart was $500, entries required would include a credit to merchandise inventory $500 and Debit Cost of Goods Sold $500.

5 0
3 years ago
Read 2 more answers
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