Which of the following intensifies price competition?

a. Non-price-related costs of using competing alternatives are high.
b. Wider distribution of competitor and or substitution offers.
c. Personal relationships have been established.
d. Switching costs are high.
e. Customer need for time and location specificity.

b

Business

You might also like to view...

State the goal programming objective function

An investor has $80,000 to invest in three stocks, stock A costs $100, stock B costs $120 and stock C costs $80. Each stock A has a risk factor of 8, each stock B has a risk factor of 10 and each stock C has a risk factor of 7. The investor believes that the sum of the risk factors for all stocks purchase should not exceed 6000. The projected annual growth rate for the three stocks are 9%, 13% and 8% respectively. The projected annual dividend income from these stocks are as follows: Stock A: $14/stock, Stock B: $15/stock, and Stock C: $20/stock. The investor desires an annual dividend income of $10,000. The investor has established the following goals in order of their importance: (1) The investor believes that the budget cannot be exceeded. (d1) (2) The risk factor should not exceed the target amount of 6000. (d2) (3) The average annual growth rate in stock prices must be at least 10%. (d3) (4) The investor desires a dividend income of at least $10,000. (d4)

Business

What are the decision points in the Nice Lawn Sales narrative?

Nice Lawn sells lawn ornaments online to other businesses. Nice Lawn customers place an online order. Nice Lawn processes the customer order by verifying with the accounting department that the customer's credit is in good standing with the company (the customer's account is paid on time). The items are verified for availability. Shipping is authorized. The warehouse packages the items and sends them to the customer. The warehouse notifies the accounting department the items were shipped. An invoice is generated from the sales information and emailed to the customer. A) Verify Customer Identity, Verify Item Availability, Verify Customer Credit B) Verify Customer Purchase Verify Item Availability, Verify Shipping C) Verify Customer Identity, Verify Shipping Authorization, Verify Customer Address D) Verify Customer Identity, Verify Package Items, Verify Customer Address

Business