What elements are tangible vs intangible

Assignment Help Business Economics
Reference no: EM13998824

Consider one of these purchases: health care, a car, a time share condo. What elements are tangible vs. intangible? How do the tangible vs. intangible components contribute to your satisfaction or dissatisfaction with the consumption? In addition, there are companies that have traditionally been known for their excellent intangibles, e.g. Xerox in copiers, IBM in computers, who now describe themselves as primarily service companies. Do you agree or disagree? What does it take for a company to declare itself as a service organization (e.g. a percentage of business, a certain strategy or mission)? What would it take for you to believe such a claim?

Reference no: EM13998824

Questions Cloud

Basic five styles for the purpose of personal advancement : Blake and his colleagues identified two other styles of leadership that incorporate multiple aspects of the Leadership Grid. What style refers to a leader who uses any combination of the basic five styles for the purpose of personal advancement?
The opportunity cost of a choice : The opportunity cost of a choice is: A. the net value of the opportunities gained. B. the value of the opportunities lost. C. the difference between the benefits and costs of the choice. D. sometimes positive or negative.
Advantage does the xerox corporation exhibit : What unique competitive advantage does the xerox corporation exhibit? and do you consider this to be sustainable competitive advantage?
Effectiveness from a business perspective : Fiscal policies is a tool used by government to stimulate the economy. This week we will consider monetary policies - these are policies implemented by Fed to support sustainable growth, support high employment and keep prices stable in the US econom..
What elements are tangible vs intangible : Consider one of these purchases: health care, a car, a time share condo. What elements are tangible vs. intangible? How do the tangible vs. intangible components contribute to your satisfaction or dissatisfaction with the consumption?
Is the curve positively or negative slopped : Bill Katz prefers more of good 1 to less and he prefers less of good 2 to more. Bill has convex preferences. Draw his indifference curve with good 1 on the horizontal axis and good 2 on the vertical axis. Is the curve positively or negative slopped? ..
Market structure is distinguished by several characteristics : An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentiated products. What are some other characteristics of this market structure?
If the price in market happens to be above equilibrium : If the price in a market happens to be above equilibrium, there will be a ___ in the market, and the price will tend to ____
Do you think the change in real gdp reflects : Consider how each of the following events is likely to affect real GDP. Do you think the change in real GDP reflects a similar change in economic well-being?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd