Why do we like brands? Brands make us more of who we are. People represent the reality of what is. Brands represent the cultivation of what could be. The brands we choose to champion are an expression of our better selves, kind of like a kaleidoscope that lets us see ourselves achieving all of our […]
What are technical specifications in construction?
What are technical specifications in construction? Technical specifications (specifications) are defined by ASTM International as “an explicit set of requirements to be satisfied by a material, product, system, or service.” Specifications effectively draw the line between what is recommended and what is required. What is an architectural specification? According to the Dictionary of Architecture & […]
Why do name brands cost more?
Why do name brands cost more? One reason name-brand items are more expensive is because it costs money to market those products to the public. Consumers pay the price for those commercial jingles that stick in their heads. Most store-brand products are made to closely compare to their name-brand products. Why do people pay more […]
What are the benefits of branding for consumers?
What are the benefits of branding for consumers? 11 Benefits of Branding Your Small Business Branding helps you stand out in a saturated market. Branding gives you credibility. With a clear brand, you can charge what you’re worth. Branding leads to customer loyalty. Branding leads to returning customers & referrals. Branding = Consistency. Branding helps […]
Why does consumer prefer one brand over another?
Why does consumer prefer one brand over another? Relevance. The more distinctive and uniquely relevant a product or service is, the greater the chance it will be chosen by the customer. Relevant brands are better linked to the dopamine, or reward, system in the brain (part of the limbic systems), which strongly influences our behavior. […]
Why is financial literacy important among teacher?
Why is financial literacy important among teacher? Teachers’ own lack of financial literacy would inhibit their teaching financial education in the classroom. Financial literacy and personal financial management refer to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. What is the […]
Why are brands important to consumers?
Why are brands important to consumers? Customer loyalty and shared values. The recognition and elevation that a strong brand builds upon all lend to greater customer loyalty. Customers are attracted to brands that they share values with. When you build a strong brand, you need to convey these values to build an emotional connection with […]
How long does it take to get a DMin?
How long does it take to get a DMin? Your DMin program, most likely, will take you three to five years of part-time work to complete, assuming that you have already earned your Master of Divinity (MDiv) degree. With programs using a cohort format, you can look forward to establishing meaningful and lasting friendships with […]
What are the advantages of being a pharmacist?
What are the advantages of being a pharmacist? Top Ten Reasons to Become a Pharmacist I Want to Help People Get Well. I Like to Work Directly with Patients. I Enjoy a Wide Variety of Career Opportunities. I Can Benefit from the Demand For Pharmacists. I Want to be an Important Member of the Healthcare […]
What is supply demand?
What is supply demand? Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers. What is effective supply? The amount of […]