Business, 29.10.2019 04:31, evryday2285
Many large department stores in montalia now provide shopping carts for their customers. since customers using shopping carts tend to buy more than those without shopping carts, most of these stores are experiencing strong sales growth, while most other department stores are not. therefore, in order to boost sales, managers of jerrod’s, montalia’s premier department store, are planning to purchase shopping carts and make them available to the store’s customers next month. which of the following, if true, casts most doubt whether the managers’ plan, if implemented, will achieve its goal? (a) since most customers associate shopping carts with low-quality discount stores, jerrod’s high quality image would likely suffer if shopping carts were introduced.(b) because the unemployment rate has declined to very low levels, jerrod’s now has to pay significantly higher wages in order to retain its staff.(c) a number of department stores that did not make shopping carts available to their customers have had to close recently due to falling profits.(d) shopping carts are not very expensive, but they generally need to be replaced every few years.(e) stores that make shopping carts available to their customers usually have to hire people to retrieve the carts from parking areas.
Answers: 1
Business, 22.06.2019 08:20, Svetakotok
Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?
Answers: 2
Business, 22.06.2019 17:30, monicagalarza
If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots
Answers: 1
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