Question: Explain the term Procedural switching costs ( 3 - 4 sentences ) . Give an example of a company that would require this. 2 .

Explain the term Procedural switching costs (3-4 sentences). Give an example of a company that would require this.
2. Explain the term Financial switching costs. Give an example of a company that would require this.
3. Explain the term relational switching cost. Give an example of a company that would require this or where this would be likely.
Provide a write-up answering these questions:
4. Provide examples of each of the three types of switching costs from your own consumer experiences.
5. What switching costs are built into doing business with cell phone providers, health-care providers, Internet music services, and health clubs?
6. Are all switching costs ethical? Why or why not.

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