Why would a firm use a loyalty card? What is the incentive for the firm? What is
Question:
Why would a firm use a loyalty card? What is the incentive for the firm? What is the incentive for consumers to opt in and use loyalty cards? What kinds of strategic assets can these systems create?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Firms use loyalty cards also known as loyalty programs or customer reward programs for several reasons and these programs offer benefits to both the firm and consumers Heres an overview of the incenti...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Information Systems A Managers Guide To Harnessing Technology Version 7.0
ISBN: 9781453394045
1st Edition
Authors: John Gallaugher
Question Posted:
Students also viewed these Computer science questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
Why would a firm use competition-based pricing?
-
4. Using Euler's method to solve following equation with time step of 1. dy = = 4t - 0.5y dt y(0)=2 You only need to write out three steps to get values of y(1), y(2), y(3). 5. Write your Euler's...
-
1. In this case, which party had to prove that the jurisdictional amount requirement was met? 2. How did the court in this case assure itself as to the extent and nature of the plaintiffs damages? 3....
-
Hollow Mining Company purchased a tract of land with estimated copper ore deposits totaling 1,500,000 tons. The purchase price for the land was $4.8 million. During the first year of operation,...
-
Why are mature travelers so important to the future of the tourism industry?
-
The following table gives a football teams season-ticket sales, percentage of games won, and number of active alumni for the years 19962005. a. Compute a correlation matrix for the variables. A...
-
1. WHAT IS PROFITABILITY IN ACCOUNTING? 2. WHY IS PROFITABILITY IMPORTANT TO A BUSINESS? 3. WHAT IS PROFITABILITY ANALYSIS? 4. WHAT IS THE CONCEPT OF PROFITABILITY? 5. WHAT ARE THE THREE MAIN...
-
How might information systems impact mergers and acquisitions? What are the key issues to consider?
-
Why might cloud computing be greener than conventional computing alternatives? Research online and share examples suggesting that cloud firms could be less environmentally taxing than if a firm built...
-
Consider a spring of stiffness \(k\) stretched by a distance \(x_{0}\) from its free length. One end of the spring is fixed at point \(O\) and the other end is connected to a roller as shown in Fig....
-
There are various compounds and epoxies that have been used to "final bed" rifle stocks. In your opinion, which is the best and why? Does this depend on the material of the stock? If so, why? Conduct...
-
Taylor Series: Problem 3 Previous Problem Problem List Next Problem 8 (5 points) Write the Taylor series for f(x) = x about x = 2 as C, (x 2)". Find the first five coefficients. n=0 - Co= C1= C2= C3=...
-
Using the figure below, draw the FBD , ?Shear Force and Bending Moment diagrams and find the maximum internal moment for the beam shown. 10 kNm 10 kN 3 m
-
Suppose the goods market is: Y = 1800 - 100i and the LM curve Y = 500 +591, where x is the last digit of your ID number. Determine the equilibrium income (Y), interest rate (i). Explain the role of...
-
Complete the chart: [1] Length, L (m) Period, T (s) LogL LogT 0.10 0.63 0.20 0.90 0.30 1.00 0.40 1.27 0.50 1.42 0.60 1.55 0.70 1.68 0.80 1.80 0.90 1.90 1.00 2.02 Plot the data T vs L. [4 (title, axes...
-
Distinguish between a reflex arc and a reflex.
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Repeat Problem P16-9 for GSM. Problem P16-9 Find the efficiency of AMPS in terms of simultaneous calls per megahertz of bandwidth. In other words, find the number of calls that can be used in 1-MHz...
-
What is the function of the CDMA in IS-95?
-
Repeat Problem P16-9 for IS-95. Problem P16-9 Find the efficiency of AMPS in terms of simultaneous calls per megahertz of bandwidth. In other words, find the number of calls that can be used in 1-MHz...
-
Assume iMost has unlimited resources (can invest in both projects), based on their ARR, should iMost accept Projects Y and Z? What other factors should iMost consider? Project Y ARR = 64.9% Project Z...
-
please speculate how benchmarks can be determined when evaluating variances from standard costs. Provide detailed examples and how you arrived at those examples. Use the company amazon
-
4 ! Required information [The following information applies to the questions displayed below.) Part 2 of 2 Summary information from the financial statements of two companies competing in the same...
Study smarter with the SolutionInn App