0
Still curious? Ask our experts.
Chat with our AI personalities
Professor
Beau
BlakeAdd your answer:
Earn +20 pts
How would the government most likely respond to decrease in consumer spending?
Lower taxes to make it easier for consumers and business to spend money.
How do laws against false advertising promote the goal of economic equity?
Laws against false advertising promote the consumer and make sure that the consumer is not misled. This is helpful to ensure that consumers are not ripped off, and forced to become an economic underclass.
No state is allowed to make laws that deprive a citizen of full what of the law?
protection and use of the law.
What is loyal customer?
Management gurus have coined terms like "King Consumer", "Lead Consumer", "Super Consumer" for the customer who is obsessed with an organisations offering. They are not only heavy users of the product of an organisation but also have a certain attitude towards the product. They are also known as "High passion fans".Super consumers not only buy products for themselves but also influence everyone in their social circle to buy the brand they follow. Apart from the usage, forging relationship with such customers in beneficial for the organisation.Some organisations ignore super consumers as weird obsessives which is a big mistake they make. If an organisation forges a good relationship with its loyal consumers they propel the business by getting more new customers and also share valuable feedback which helps making improvements to the product as well as associated services like delivery, promotions, etc. associated with the product. This benefits the organisation by keeping the competitors at bay, increase in market share, and increase in profits.
How did American society prepare its citizens to be consumers of standardized goods?
American society prepares its citizens to be consumers of standardized goods in a few different ways. One way is advertisement. With advertising, a company can make people believe that they need an object or a good - for example, any advertisement for an iPhone or other smart phone. These advertisements appeal to what people want, not what they ultimately need.
