Discuss the importance of consumer trust in a business. Think of companies you buy from and cite examples of brands or companies you do trust and those you don’t. Explain what makes you feel trust or distrust. What happens when consumer trust is lost and how can a company recover from that loss in constructive ways?

Q: What is team selling? Describe a situation in which you think itwould be effective.

A: Team selling is the process where a sales department deploys more than one rep to win an account.…

Q: Sometimes issues are not as easily resolved or even unfixable all together. What are some methods…

A: Please find the answer below.CUSTOMERS:A customer is a person who purchases something from a seller,…

Q: why larger companies tend to implement compliance programs more often than small companies?

A: Implementing a comprehensive compliance solution is very important for the company as compliance…

Q: Ethical behavior has to do with adhering to a code of strategic Select one: O True O False

A: Perceiving high ethical values is a thorough business strategy - resulting in client faithfulness,…

Q: escribe three concrete steps an organization can take to gain consume

A: Significance of consumer trust: 1. Consumer trust enable the organization to retain its customers…

Q: rmance and effectiveness of a company after approving each manger action plan and that their…

A: Performance Evaluation is characterized as a formal and profitable methodology to gauge a worker's…

Q: “What’s really in vaccines? Proof of MSG, formaldehyde, aluminum and mercury” is a source of…

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A: External threats are risks, challenges, or negative influences that arise from outside an…

Q: Nothing affects a company’s ultimate success or failure more fundamentally than?

A: Nothing affects a company's ultimate success or failure more fundamentally than how well its…

Q: you are a consumer planning to buy a computer. You are considering either an Apple or an HP laptop.…

A: I am a consumer who plan to buy a computer. I have to choose from Apple or HP laptop.

Q: What will you do if your competitors underprice ormake your product obsolete?

A: It is also known as predatory pricing under which big players or competitors in the market…

Q: List at least three risks any small business owner faces and termine how they will control this…

A: Small businesses can be defined as small privately-owned businesses, usually having a single owner,…

Q: If your organization’s success is highly reliant on a mature product, technology, or customer group,…

A: The success of every organization depends on the performances and the performance in turn depends on…

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A: NOTE- this is a specific question but can be generalized . So here you are going to get a…

Q: The market's declining sales are a challenge for a mobile device manufacturer. Any item that you are…

A: A product line is a combination of specific versions of a product that can be designated as a…

Q: How can the immediate crises affect a business reputation and it's image

A: A crisis is an unplanned and unexpected situation that occurs in the business, which lets down the…

Q: What role does risk detection serve in your company?

A: A business that is well-prepared can lessen the effects on earnings, wasted time and productivity,…

Q: What are the major threats that a certain business facing in the future? Explain your answer and…

A: Corporations face risks and threats as precursors to crisis situations. Some risks are universal,…

Q: what are Countermeasures non technical threats  answer in full please . give 4 examples and…

A: COUNTERMEASURES NON TECHNICAL THREATS: The threats that a company faces can be technical or non…

Q: Identify the main risk you believe that clothing customers will be worried about.

A: In 2019, the apparel and fashion sector had phenomenal growth. Following a decline in recent years,…

Q: Discuss elements regarding what make up the components of a buyer’s persona, discuss two of the most…

A: Please find the answer below.BUYER PERSONA:A buyer persona is a thorough profile of a member of your…

Q: Critical Thinking Companies sometimes teach consum- ers a "bad lesson" with the overuse of sales…

A: Recently it happened with the jeep compass vehicles, where engines were shutting down while driving,…

Q: risk detection serve in your company?

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A: Lackluster refers to the adjective that describes a person or thing that is not exciting or…

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A: Reason for GoingPublic:a)They wantto go public because they are planning to expand their business…

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A: Cultural theory states that people develop judgments embedded in their social context. Therefore,…

Q: What is the CSR Analytics basics, can you explain the concept with examples

A: In the first part, I would describe CSR Analytics basics, next, I would explain this concept with…

Q: Make a "company objective" for a failing business in luxury manufacturing car?

A: Objectives are the quantifiable and time bound goals an organization wants to achieve during a…

Q: What are your company's biggest IT issues, and how can you fix them?

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Q: Do you think honest company missteps caused unilever to shy away from acquiring the company

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Q: what is the concept of risk?

A: Vulnerability is described as the current state of possibility of being at risk, getting harmed.…

Q: How Do You Change Consumer Behavior? The Problem: How do you get consumers to change ingrained…

A: Note: The answer has been framed in a generalized manner.For companies, marketing strategies…

Q: What is business risk, and how can it be measured?

A: Business risks can lead to loss of profits and customers due to uncertainties in the business such…

Q: Talk about the value of customer trust in a company. Cite instances of brands or businesses you…

A: Customer trust is the belief that a corporation is trustworthy, honest, and capable. It is critical…

Q: As a manager, How do you ensure that changes you make to food costs will not only help the…

A: All customers have preconceived expectations about the restaurant before visiting the outlet. The…

Buying

Buying is the activity that involves acquiring something of value in exchange for an asset. The acquisition could be goods or/and services. During the buying process, the exchange of value takes place between two or more parties. For instance, if you are offered a present from your relative, it can not be termed “buying” as value exchange is only from one side. Therefore, any form of gifting is not considered buying. The most common medium of exchange to facilitate buying is currency.