This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is often the largest component of logistics costs? a. Inventory costs b. Transportation costs ... (Read 235 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
on: Jun 28, 2018
What is often the largest component of logistics costs?
 a. Inventory costs
  b. Transportation costs
  c. Shipper-related costs
  d. Administrative costs

Question 2

Explain how price serves as a cue to quality.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 28, 2018
Answer to Question 1

b

Answer to Question 2

Counter to the anticipated economic effect of higher prices causing a decrease in demand, for some products and services, higher prices can make a purchase seem more appealing. For some purchases, customers use price as a cue to quality, implicitly reasoning that the brand can command a high price because its quality is so good. That argument assumes a belief in the efficiency of the marketplace, yet many studies have demonstrated that there is no correlation between price and quality for most product categories. But our beliefs persist. A price's role as a cue is so strong that prices are known to contribute to the formation of expectations prior to a purchase. A price is a clear, tangible cue, and higher prices set higher expectations.


@Brianna17

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 28, 2018
Thank you :)


upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 28, 2018
Happy to help you


« previous next »
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

A Royal Bengal Tiger, the largest big cat in Bannerghatta National Park, India A Royal Bengal Tiger, the largest big cat in Bannerghatta National Park, India
Cairns Birdwing (Ornithoptera euphorion): Australia's largest endemic butterfly Cairns Birdwing (Ornithoptera euphorion): Australia's largest endemic butterfly
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
Component of right internal ear Component of right internal ear
In the drawing of acetaldehyde, CH3CHO, the largest partial negative charge (-) occurs on In the drawing of acetaldehyde, CH3CHO, the largest partial negative charge (-) occurs on
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library