What is the importance of guarantees?
What will be an ideal response?
Guarantees reduce the buyer's perceived risk. They suggest that the service/product is of high quality and that the company and its service performance are dependable.
Business
You might also like to view...
Which of the following statements is associated with the accrual basis of accounting?
a. The timing of cash receipts and disbursements is emphasized. b. A minimum amount of record keeping is required. c. This method is used less frequently by businesses than the cash method of accounting. d. Revenues are recognized in the period they are earned, regardless of the time period the cash is received
Business
Blogs, wikis, and podcasts are all examples of ________
A) traditional media B) social media C) virtual worlds D) review sites E) geospatial platforms
Business