Wha Companies use relationship marketing to build and maintain relationships with their _______________. *
customers
employees
supplies
vendors t is a business

Answers

Answer 1

Answer:

customers.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

One of the importance associated with good marketing communication (relationship marketing) is that, it improves the image of a business firm. A business firm with a good company reputation or prestige for the sales and production of quality products with an excellent customer relationship can easily introduce new products into the market at a high price without limitations.

Hence, companies use relationship marketing to build and maintain relationships with their customers.


Related Questions

A Bakery stocks daily five gourmet fancy fruit-topped cakes. All the cakes that are not sold during the day are thrown away, and the bakery restocks the next day with new cakes, bringing the in-stock level up to five at the beginning of each day. If daily demand is greater than the five cakes in stock the bakery loses sales. The special cake sells for $32 and costs the store $10. The probability distribution of daily demand for the cake is as shown below daily demand - 0, 1,2,3,4,5,6,7 Px - 0.01, 0.02, 0.04, 0.06, 0.20, 0.60, 0.05, 0.02

Answers

Answer:

The answer is "$1.98".

Explanation:

calculating the profit per cake [tex]= \$32 -\$10 =\$22[/tex]

[tex]\text{if demand}=6 , \ lose =\$22 \\\\\text{if demand}= 7,\ lose = \$44\\[/tex]

Calculating E(profit lost):

[tex]=\$22 \times 0.05+ \$44 \times 0.02\\\\ =\$ 1.1+\$ 8.8\\\\=\$ 1.98[/tex]

To help farmers and workers in developing nations secure trade deals is known as:

A. Real Trade
B. Domestic Trade
C. Fair Trade

Answers

fair trade should be the correct answer

Emily pays a monthly fee for a streaming service. It is time to renew. She can charge her credit card $12.00 a month. Or, she can pay a lump sum of $60.00 for 6 months. Which should she choose?

Answers

The 60 for 6 months

if you times 12 by 6 it would be 72

so that means the 60 would be less

Answer:

$ 12.00

Explanation:

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Which insurance could protect
it from this risk?
A. business interruption insurance
B. property insurance
C. workers' compensation insurance
D. general liability insurance

Answers

Answer:

A. Business interruption insurance

Explanation:

Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk. The correct option is (A).

What do you mean by the Business interruption insurance?

Business income lost due to a calamity is replaced by business interruption insurance. The occurrence might be something like a fire or a natural disaster.

Business interruption insurance is a type of insurance that pays out in the event that a company is forced to close down due to a direct physical loss or damage, as that which might result from a fire or a natural disaster.

Additionally, the running costs, a shift to a temporary location if necessary, payroll, taxes, and loan payments are all covered by this kind of insurance.

Therefore, Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk.

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Nicole has been wanting to open her own business for many years. After much saving and a loan from the bank, she was able to open up her own store. This store features upscale jewelry, footwear, and clothing for professional women. She uses a premium pricing strategy to demonstrate the quality of her products. As time passed, she adopted other product lines including luggage and beauty products. Nicole has developed strong relationships with suppliers so that new orders come relatively quickly. Nicole distinguishes herself from the competition with the high level of service at her store. Her workers are trained to greet customers within fifteen seconds of them entering the store. She also gives her employees permission to take whatever time needed to make sure that customer needs are met. Refer to Scenario 15.1. Based upon the description, Nicole is engaging in _____________.

Answers

Answer: retailing

Explanation:

From the information given, Nicole is engaging in retailing. Retailing, is the selling of goods and services to the consumers.

In retailing, the retailer buys from the producer or whilesaler and then sells in individual units to the customers. Since Nicole has developed strong relationships with suppliers so that new orders come relatively quickly and then sells to the customers, she's a retailer.

Bugle Corp. approved a plan of merger with Stanley Corp. One of the determining factors in approving the merger was the strong financial statements of Stanley which were audited by Dennis & Co., CPAs. Bugle had engaged Dennis to audit Stanley's financial statements. While performing the audit, Dennis failed to discover certain instances of fraud which have subsequently caused Bugle to suffer substantial losses. In order for Dennis to be liable under common law, Bugle, at a minimum, must prove that Dennis:



Failed to exercise due care.



Acted recklessly or with lack of reasonable grounds for belief.



Was grossly negligent.



Knew of the instances of fraud.

Answers

Answer:

A). Failed to exercise due care.

Explanation:

As per the given details, Bugle Corp. needs to prove that Dennis & Co. failed to exert the required care which it was supposed to exercise while auditing the financial statements of Stanley Corp. This failure led Bugle Corp. to suffer major losses and thus, they must be accountable for this loss under the general law as they ignored the potential hazards. Legally, this is unlawful as they were expected to ensure that these hazards must have addressed and told Bugle Corp. on time but since they failed, they are guilty of the crime. Hence, option A is the correct answer.

A business is having trouble keeping up with the compention. They cannot respond to their customers like the competition. Which type of system will likely be able to help them solve this issue?
A. Management communication system
B. Transaction processing system
C. Management information system
D. Decision support system​

Answers

Answer:

The Answer is D. Decision Support System

Explanation:

TETE
QUESTION 2 / 10
The opportunity cost of earning an advanced college degree is that:
A. You will earn more income during your
career,
B. Some fields require a professional
degree before you can begin working.
C. There may be a low supply of jobs in
your professional field.
D. You will earn less money during the
years that you are in college.

Answers

That answer is b hope this helps

1. a. What is budget?​

Answers

Answer:

It’s a Minimum price you use to buy stuff..

Explanation:

A budget is a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities, and cash flows.

Sorry if this wasn't what you were looking for

How can formal business documents help managers solve problems?
A. By creating a record of every action taken during a meeting
B. By presenting well-organized, accurate information about a
problem
O C. By eliminating the need for schedules and budgets to track
progress
D. By making decisions so the managers do not have to handle them
SUBMIT

Answers

Answer:

i believe its B

Explanation:

that would be the best approach

Tammy is the owner of British Brushes. Due to the price of paint, she has to raise the prices of her painting classes. What curve is affected and what determinant caused this change?
a. The Supply Curve shifted to the Left because the cost of inputs increased.
b. The Demand Curve shifted to the Right because of the change in consumer income
c. The Supply Curve shifted to the Right because the cost for new technology decreased

Answers

B will be the correct answer hope I helped

In a condition where Tammy has to increase the prices for her painting classes, the supply curve will show a shift to the left because the input costs also saw a rise. Therefore, the option A holds true.

What is the significance of input costs?

Input costs can be referred to or considered as costs that are associated with the production of goods or services for a firm in the economy. A business can not grow or sustain without incurring input costs. When input costs for a firm increase, the supply curve of an economy shifts to the left.

In the above condition, when prices of paint increase, it also leads to an increase in the input costs for Tammy, and as a result of the same, the supply curve shows a shift towards the left.

Therefore, the option A holds true and states regarding the significance of input costs of British Brushes.

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Which type of insurance might lenders require borrowers to have when taking out an automobile loan?

Collision
Collateral
Health
Property

Answers

Answer:

The answer is A. Collision.

Explanation:

Collision coverage helps pay for the cost of repairs to your vehicle if it is hit by another vehicle. It may also help with the cost of repairs if you hit another vehicle or object.

Collision is the type of insurance which lenders might require borrowers to have when taking out an automobile loan.

What do you understand by the term “insurance”?

An agreement known as an insurance policy provides financial protection or reimbursement against losses from an insurance company to a person or an organization. In order to make payments to the insured more manageable, the company pools the risks of its clients.

Insurance plans are used to protect against the possibility of monetary losses, large and small, resulting from harm to the insured person or her property or from liability for harm or damage to a third party.

There are many various kinds of insurance plans available, and almost any person or organization may find an insurance firm that will insure them for a fee. Auto, health, homeowners, and life insurance are the most popular categories of personal insurance plans.

What is collision?

Collision insurance is a type of auto insurance that pays the insured for damage to their own car that was caused by the insured driver's negligence. To protect drivers in the event of collision damage, this kind of insurance is frequently acquired as an addition to a normal motor policy. Collision insurance, as the name suggests, compensates the insured for harm caused by a real collision. Vandalism and theft-related damage are not covered by it. Additionally, even if the other driver was at fault, it does not cover damage that is paid for by their own insurance.

For your vehicle to be protected against the financial loss that results from physical damage to your vehicle, collision coverage is crucial. Accidents can happen to anyone at any time. Every time an accident occurs, someone is to blame, and that someone may be you.

There is a collision coverage limit, which is the most your insurance will contribute to a covered claim. The real cash worth of your vehicle often serves as your collision coverage limit (its value minus depreciation).

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Which statement best describes network security?
A. Network security means all information is open to the public, the network is not compromised, and everyone has access to the network.
B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.
C. Network security means everyone has access to the network, the network is not compromised, and no one has authorization to use it.
D. Network security means everyone has access to the information, the network is not compromised, and only a handful of people are authorized users.


I believe Its B.

Answers

Answer:

B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.

Explanation:

For a network to be secure, it means that, the network is not compromised and only authorised users have access to some of the personal informations that are kept safe on it.

For example, someone working on CIA would require high level clearance in-order to access their network due to the level of private and secure files stored in them. Such network is having secure point.

What are 2 laws in the UK that promote good ethical practice in an organisation?

Answers

Answer:i think its uhh carrot

Explanation:

As of the 90’s, by up to what percentage do the wages of male and female employees in the marketing industry differ?

A. 18%

B. 36%

C. 54%

D. 72%

Answers

Answer:

54%

I hope this is correct have a good day

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

Hope this helps!

Every week Jerome works 40 hours. On Fridays, he receives his paycheck. What type of income does Jerome earn?
A. unemployment income
B. earned income
C. investment income
D. passive income

Answers

Answer:

B.  Earned Income.

Explanation:

Answer:

eared income

Explanation:

In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is most likely focused on the

animal system pathway.
plant system pathway.
agribusiness system.
natural resource system.

Answers

Answer:

into how many geographical region Nepal has divided ?describe them in a few line

Answer:

your answer would be b!

Explanation:

i did the unit test revew

Jocasta owns an apartment complex that she purchased 6 years ago for $750,000. Jocasta has made $50,000 of capital improvements on the complex, and depreciation claimed on the building to date is $128,700

Answers

Answer:

$671,300

Explanation:

Calculation to determine Jocasta's adjusted basis in the building.

Adjusted basis =[$750,000-($128,700 - $50,000)]

Adjusted basis=$750,000- $78,700

Adjusted basis = $671,300

Therefore Jocasta's adjusted basis in the building will be $671,300

Bought goods
for
cash $100
to double
entry system.

Answers

Purchases account is going to increase on the credit side and the cash account is going to decrease ( to be written on the credit side).

Answer:Purchase account Dr.$100

              cash account Cr.$100

Explanation:

Aziz is hired as a Nanny even though he doesn't have any experience with it yet. Martina is a Mental Health Counselor who works 40 hours per week. Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works. Noa is a Customer Service Representative who gets health insurance from her employer.

Answers

Answer:

its an entry level job

Explanation:

edge 2022

The selection of the type of job that each best example demonstrates is as follows:

1. Aziz is hired as a Nanny even though he doesn't have any experience with it yet is A) Entry-level.

2. Martina is a Mental Health Counselor who works 40 hours per week.  This is an example of D) a Full-time job.

3. Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works is an example of B) Salaried Job.

4. Noa is a Customer Service Representative who gets health insurance from her employer is an example of C) Job with Benefits.

What are the different types of jobs?

The different types of jobs may be classified into four, depending on the job specifications (skills and experience) required.

ThinkersBuildersImproversProducers.

Question Completion with Answer Options:

Select the type of job best demonstrated in each example.

A) Entry-level

B) Salaried Job

C) Job with Benefits

D) Full-time job

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Question 2 of 10
A start-up company that makes specialty parts for customizing automobiles
has had difficulty keeping track of products during and after the
manufacturing process. The company hires Ben to manage its storage,
shipping, and receiving. What method could Ben use to solve the inventory
problem?
A. Conducting focus groups to analyze the inventory problem
B. Setting up an intranet so employees in different departments can
share data
C. Using purchase orders and invoices to gather information
D. Labeling items with bar codes to scan each time an item moves

Answers

Answer: D. Labeling items with bar codes to scan each time an item moves.

Explanation:

Barcode technology has increasingly been utilized across various sectors and fields from biology and animal science to health. In business it has shown itself to be very useful and one of those ways is by Barcode Inventory Control (BIC).

With BIC, a good is tagged with a bar code as soon as it comes into the company as a raw material and as it goes through the production process, the bar codes will be scanned to show its progress. This will allow for an efficient and relatively easy method of keeping track of inventory through the production process.

Answer:

D. Labeling items with bar codes to scan each time an item moves.

Explanation:

took the quiz

Jenna supervises a group of employees who are highly trained and
motivated. Based on this information, which type of management style
should Jenng employ?
A. Directing
B. Supporting
C. Delegating
D. Coaching
SUBMIT

Answers

Answer: C. Delegating

Explanation:

With a delegating management style, the manager simply assigns projects and duties to their subordinates and gives them the freedom to carry out those tasks the way they see fit.

This is best used when the employees are very skilled and motivated. Their skill will enable them to get the job done and their motivation means that they do not have to be followed up constantly to get the job done.

Answer:

DELEGATING

Explanation:

d

e

l

e

g

a

t

i

n

g

as
Enrico waited ten years to file a cause of action against Frederico for a breach of contract claim. Frederico can use
his defense.
O insanity
O necessity
Statute of Limitations
O ignorance of the law

Answers

Answer:

Statue of limitations

Explanation:

Posted this question already and no response.

Answers

Answer: A medium of exchange

Explanation:

What is your favorite restaurant and why?
what is your favorite car?
can you sing?
do you love your parents?

Answers

Answer:

i dont knkw

Lamborghini

no

yes

Explanation:

Plz mark brainliest thanks

Select the correct answer.
Jessica completed a four-year degree program in Finance and Accounting. She hasn’t yet gained any work experience in this field. However, she’s joined a professional organization. She hopes to get an entry-level job in an audit firm. How can the professional organization help her in her quest?
A. she can get discounts in her membership dues
B. she can attend lecture sessions by experts in her field
C. she can get updates on new legislation
D. she can register her name in an online list that prospective employers view
E. she can now work as a trainee with an expert

Answers

Answer: E. she can now work as a trainee with an expert

Explanation:

Since Jessica hopes to get an entry level job in an audit firm, the professional organization will help her in her quest as she can now work as a trainee with an expert.

By joining the professional organization, she'll get the work experience that's needed when she finally get the role on the audit firm. She would have learned from a professional who's experienced and this will be vital in her getting into the workforce.

SCIENCE
list 5 situations each on how thermal energy can be useful and harmful​

Answers

Explanation:

Uses:

-Cooking

-Heating

-Smoking

-Cooling

-cheap to use

Harmful:

-Can cause high temperatures; cause heat boils, heat stroke

-Pollution of damaging eater ecosystems

-Can only be constructed in areas where temperatures below the earth's surface.

-Needs extensive research

-Can be forced to operate in relatively remote areas

Classify the customer buying motive as rational or emotional.
A person pays to join an exclusive country club.
rational
emotional

Answers

Answer:

Emotional because joining such a club wont benefit him economically, only his prestige

this is emotional because they are doing it just because it is something they want

What are net benefits?

Answers

Net Benefits are determined by summing all benefits and subtracting the sum of all costs of a project.
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