True or fale 8) The demand for the insurer's products is limited to the factors: price and advertising/marketing. 9) The type of insurance defines the brand's strength. 10) Customer satisfaction is measured in stars.
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True or fale
8) The demand for the insurer's products is limited to the factors: price and advertising/marketing.
9) The type of insurance defines the brand's strength.
10) Customer satisfaction is measured in stars.
11) Employee expenses are part of the insurer's direct costs.
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Solved in 2 steps
- 49 __________________are reductions in the selling price for goods sold to customers, perhaps due to damaged goods that the customer is willing to keep if the sales price is reduced sufficiently. a. Sales returns b. Sales commission c. Sales allowances d. Sales discount Clear my choiceSuppose menu messageQ&A notifications account_circle Business FinanceQ&A LibraryYou have just been employed as the New chief executive officer of a medium sized company that is listed on the Ghana stock exchange. At the maiden board meeting,the chairman advised you and your management team to avoid what he termed as "Agency Problem" Explain the term "agency proAm blem " and identify (4) way by which shareholders can deal with it. You have just been employed as the New chief executive officer of a medium sized company that is listed on the Ghana stock exchange. At the maiden board meeting,the chairman advised you and your management team to avoid what he termed as "Agency Problem" Explain the term "agency proAm blem " and identify (4) way by which shareholders can deal with it.…Which of the following statements is not correct about pricing and prices? Select one: O a. It is the sum of all the values that customers sacrifice to get benefits of having a product. O b. It is the amount of money charged for a product or a service. O c.It is the only element in the marketing mix that produces revenue; all other elements represent cost. O d. It is one of the least important elements that determine a firm's market share and profitability.
- Which of the following statements is true of a skimming strategy? A) It involves setting prices based on research and analysis gathered from the target market. B) It involves addition of a profit percentage to the cost of production so as to determine the final selling price. C) It involves selling a product at a low price so as to expand the company’s market shares. D) It involves initial identification of high-paying customers, followed by a progressive lowering of the product’s price. E) It involves introducing a product at a low price to induce a maximum number of consumers to try it.The 4Ps are all a marketing manager needs to create a marketing strategy for a service business". Prepare a response that argues the contrary and justify your conclusions.Mr.Abdul is a sales manager of Oman Foods Company. Which one of the following is the best reason that makes him continuously focus on reviewing and evaluating sales performance? a. To determine how many calls a salesperson makes b. To complete sales performance reviews c. To adjust with changing customer needs and modify strategic sales program d. To adapt pricing changes
- Type the correct answer in each box. Spell all words correctly. Which term describes a business that gives users access to the Internet for monthly, quarterly, or yearly charges? A(n) is a business that provides users the access to the Internet for monthly, quarterly, or yearly charges.1. A product line is a group of product or service items that are closely related because they satisfy a class of needs, are used together, are sold to the same customer group, are distributed through the same outlets, or fall within a given price range. A product mix consists of all the product lines offered by an organization.Please, give an example of a product line and an example of a product mix. (1 paragraph)2. A brand personality is a set of human characteristics associated with a brand name that successful and established brands take on. Give an example of a brand you are familiar with and explain the associations you have in your mind as related to this brand. (1-2 Paragraphs)Submit a post in which you define the concept of value. Think of 2 products or services that you use on a regular basis and which you think represent good value for you, as a consumer. Tell us what they are.3. Then think of 2 products or services that, in your view, as a consumer, do not represent good…Which of the following accurately describes the seven tactics (7Ts) of a market offering? a) Product, service, brand, price, incentives, communication, technology. b) Product, service, brand, price, incentives, technology, distribution. c) Product, service, brand, price, technology, communication, distribution. d) Product, service, brand, price, incentives, communication, distribution.
- 50- Which one of the following is not included in the development of the sales strategy of a company? a. Control b. Implementation c. Planning d. Objection handlingMia is comparing income statements from the previous three years in order to assess changes and trends in the company's revenue. What type of business analysis is being performed by Mia? Select one: a. Information management b. Sales c. Production d. FinancialWhen HOM Furniture advertises, it looks for a resulting spike in sales using an extensive database.(a) What are the possible shortmings of this approach and how would you address them?