A consumer's evoked set includes brands actively considered during a purchase decision, the inert set consists of brands that have minimal interest or preference, and the inept set represents brands that are actively avoided or deemed irrelevant to the consumer's needs.
Consumer Behaviour refers to the activities that individuals perform in order to select, purchase, and use goods and services for fulfilling their needs and wants. In terms of consumer behaviour, the following are the differences between a consumer's evoked, inert and inept sets:
An evoked set includes a set of products or services that the customer knows about and are considered while making a purchase decision. For example, while thinking about purchasing a car, a person may consider brands.
An inert set refers to those brands that the customer is aware of but has no real interest in buying. In other words, the inert set comprises options that are considered when a customer has no preference. For instance, when selecting a cereal, a customer might have heard of brands, but the customer has no particular interest in either of them.
Inept sets refer to products or services that a customer does not want to purchase. These items are usually considered irrelevant to the customer's requirements. For example, a person who doesn't play video games may not have any interest in purchasing gaming consoles.
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Which of the following statements explains the difference between a lease and a loan?
a. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
b. At the end of a loan, the car still belongs to the lease company, but at the end of a lease the car
belongs to you.
C. A loan requires a large down payment at the beginning while a lease does not.
d. A lease requires a large down payment at the beginning while a loan does not
Answer:
A. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
Explanation:
The following statement which explains the difference between a lease and a loan, at the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the lease company. Thus, statement 'A' is the correct statement.
What is the difference between a lease and a loan?A lease is a long-term leasing arrangement for the use of a certain piece of equipment, whereas a loan is the borrowing of money. Loans and leases both offer advantages as a form of finance. The following are some crucial factors influencing your choice.
Loan: Typically, rates are variable and dependent on the prime rate or another index, like LIBOR. The monthly payout changes in line with changes in the index. This is advantageous when interest rates are down and harmful when they are rising. Banks won't fund machinery they don't understand or that they believe has little value as collateral.
Lease: Payments are typically fixed for the duration of the lease, barring any unusual terms. Budgeting and cash flow management are greatly facilitated by fixed payments. Because of our own financial capacity, we can finance most types of equipment.
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Help ASAP!!!! What is the most-possible answer?
Answer:
Community and junior colleges.
Explanation:
I don't know if im too correct but if i am, mark me brainliest?:)
Answer:
D - Collages
Explanation:
That is the only thing I know that gives degrees
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
A company sells 800 units at $16 each, has variable costs of $12 per unit, and fixed costs of $1,200. Income is $
Assuming a company sells 800 units at $16 each, has variable costs of $12 per unit. The after-tax income is $1,200.
After-tax incomeUsing this formula
After-tax income=(Selling units×Selling price)-[(Variable costs×Selling price)+Fixed costs]×(1- tax rate)
Let plug in the formula
After-tax income=(800 units× $16 each)-[(800 units × $12 each)+$1200]×(1-.40)
After-tax income=$12,800-($9,600+$1,200)×0.60
After-tax income=$12,800-$10,800×0.60
After-tax income=$2,000×0.60
After-tax income=$1,200
Inconclusion the after-tax income is $1,200.
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img world’s products and services are geared toward colleges and students, the students of which may be considered young achievers. this designation can be best described as which influential factor of consumer buying behavior?
Answer:
Answer: A. Age and life stages
Explanation:
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.
User-generated contentUGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.
Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.
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What impression does it give if you are text messaging or listening to music while waiting to be called into an interview?
What is the main idea of this text?
Mari Copeny takes action to save her city
Readwork
For more information ask
Answer:
Mari's activism helped people around the country to learn more about the problems in her town.
2 The market price of a share of preferred stock is $22.05 and the dividend is $2.63. What discount rate did the market use to value the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
The preferred stock was valued by the market using a discount rate of 11.93%, indicating the rate at which future dividends were discounted to arrive at the present value of the stock.
Find the discount rate?To determine the discount rate, we can use the dividend discount model (DDM). The DDM states that the value of a stock is the present value of its expected future dividends. In this case, the dividend is $2.63 per share.
The formula for calculating the value of a preferred stock using the DDM is as follows:
Stock Value = Dividend / Discount Rate
Rearranging the formula, we get:
Discount Rate = Dividend / Stock Value
Plugging in the given values:
Discount Rate = $2.63 / $22.05 ≈ 0.1193
Converting the decimal to a percentage, the discount rate is approximately 11.93%.
Therefore, the market used a discount rate of 11.93% to value the preferred stock.
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A company has 12,247 customers they extend credit to, they will have 12,247 __________________ accounts.
The company would have 12,247 subsidiary accounts.
What is a credit?A credit is a loan facility granted by a bank or an institution to its customers. This is to enable the customers access funds with a view to paying back at a future date.
Companies or institutions grant credit facilities to encourage their customers plan for their business and then pay back later.
Hence, the company would have 12,247 subsidiary accounts since they extend credits to 12,247 customers.
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why did God call abraham
Answer: god chose Abraham and said i will make you a great nation and i will bless you.
Explanation: god commanded Abram to move to another country . This is why god planned to make of Abram a new nation from which the prophets of god and the savior of the world would arise.
According to Baumrind, which type of parents place firm limits and controls on their child, allows little verbal exchange, and might show rage toward their child
The type of parents place firm that place limits and controls on their child and allows little verbal exchange is authoritarian.
What is authoritarianism?Authoritarian serves a kind of control whereby the parents posses the total control over their child.
In this kind of parents place firm, there is always a way to check the activities of the children to avoid bad influence.
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chlorinda left an organization for three years to fulfill military duties. which statement about her employer's obligation to reemploy chlorinda under the uniformed services employment and reemployment rights act is true?
Chlorinda must be given the seniority and rank she would have obtained if her job hadn't been stopped by the employer if she is to be rehired.
What is considered service in the uniformed services?A federal law known as the Uniformed Services Employment & Reemployment Rights Act (USERRA) was created to safeguard former service members' rights to work in the civilian sector when they leave the armed forces. The legislation also forbids employers from rehiring anybody who performs military duties without providing them with all of the advantages and incentives to that they are eligible as an employee. Additionally, it safeguards against job discrimination.
"Service in the uniformed services" refers to performing duties in a uniformed service on a voluntary or involuntary basis while under the direction of competent authority.
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How much yearly revenue does soccer brings in?
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
if long-range aggregate supply (lras) shifts right, we know for certain that there has been a. economic growth. b. an increase in ad. c. a decrease in aggregate demand (ad). d. an increase in the price level. e. a decrease in the price level.
If long-run aggregate supply (lras) shifts right, we know for certain that there has been an increase in ad. Option b
What is the long-run aggregate supply?This a curve that depicts the correlation between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible; prices can vary along the LRAS, but production cannot because it represents the output at full employment.
As productivity rises or the cost of essential inputs decreases, the aggregate supply curve shifts to the right, allowing for a combination of lower inflation, more production, and lower unemployment.
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using ________, consumers choose messages to which they pay attention.
discriminating perception Jane, who considers herself to be a health nut, enjoys running a lot. She attends the gym for two hours every day, consumes only wholesome, low-fat meals, and participates in a number of online fitness communities.
Also, Jane smokes cigarettes. Jane believes that, as long as she stays active, eats properly, and smokes fewer than one pack per day, she will not experience any negative health effects from smoking. The selective perception theory proposes that while we perceive stimuli, we filter them both consciously and unconsciously. We can consciously shut out some inputs, including colours, noises, and images. By choosing to ignore distracting, irrelevant, or contradictory information, we can actively direct our attention to certain stimulition.
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Using selective attention the customers choose messages to which they pay attention.
What is selective attention?Selective attention is a normal and automatic process that takes place when clients are exposed to a large number of data and stimuli; however, it is better to concentrate on a select subset of them.
So many elements, such as personal interests, motivation, relevance, novelty, and the situation in which the information is provided, imitate this selection process.
Why is selective attention important?With selective attention, one may pay attention to information that is important to their current work while disregarding irrelevant data. This, therefore, results in better processing of information important to the job. It is also known as controlled attention.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
building on the previous exercise, 9a- already completed: write a program that creates an array of five random integer numbers and display those numbers. (the random numbers must be unpredictable)
To write a program that generates an array of five random integer numbers, you can use a programming language like Python. Start by importing the 'random' module, which provides the necessary functions for generating random numbers.
Next, create an empty list to store the random numbers. Use a 'for' loop to generate and append five random integers to the list. Finally, display the list to see the generated numbers.
Here's the code:
```python
import random
random_numbers = []
for _ in range(5):
random_number = random.randint(1, 100) # Generates a random integer between 1 and 100, inclusive
random_numbers.append(random_number)
print(random_numbers)
```
In this code, the 'random.randint()' function generates a random integer between 1 and 100 (inclusive), ensuring that the numbers are unpredictable. The 'for' loop iterates five times, generating a new random number each time and appending it to the 'random_numbers' list. Finally, the list is printed, displaying the array of five random integers.
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explain how firms production functions and cost curves will change as science and technology advance and as the knowledge of how to organize and manage resources improves
Advancements in science and technology and improvements in resource management increase firms' productive capability, shifting their production functions upward and cost curves downward.
As science and technology advance and firms learn how to better organize and manage resources, they are able to produce more output with the same level of inputs or the same output with fewer inputs. This leads to an upward shift in their production functions and a downward shift in their cost curves.
Firms can produce more efficiently, which allows them to lower their costs and potentially pass on those savings to consumers in the form of lower prices. In addition, technological advancements may create new opportunities for production, leading to the development of entirely new products or services.
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a monopoly is producing where average total cost equals $30, marginal revenue is $40, and the price is $50. if atc is at its minimum level and the atc curve is u-shaped, in order to maximize profits this firm should:
When the average total cost is $30, the marginal revenue is $40, and the price is $50, a monopoly is in operation. In order to maximise revenues, this company should: If atc is at its minimum level and the atc curve is u-shaped reduced output.
A monopoly's demand curve often intersects the average cost at its lowest point and is on the right side of the marginal revenue curve. Similar to this, when the average cost curve is at its smallest, the marginal cost curve crosses the average cost curve. Reduced Output Period is a period during the Term when the Facility's generation ,The average cost should be more than the marginal revenue at the point where profits are maximized. Since the marginal revenue in the provided example exceeds the minimum average cost, output should be decreased in order to maximise profit. Since the price is higher, the monopoly will still make super normal profits.
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Communication may account for as much as
of a hiring decision.
a.
25%
b.
40%
C.
65%
d.
80%
Please select the best answer from the choices provided
Answer:
A) 25%
Explanation:
JUST TOOK TEST ON EDGE
lokking for brainly member ystuckey
Phil Willcot thought about his meeting with the MD team of
directors on his train back to the big city. MD is a prospective
entrant into the e-sourcing space, looking to acquire market share
from the
Phil Willcot thought about his meeting with the MD team of directors on his train back to the big city
MD is a prospective entrant into the e-sourcing space, looking to acquire market share from the existing players by offering better services at a lower cost.
E-sourcing is an electronic procurement process which is also known as supplier exchange. It is an automated process that eliminates human errors, reduces costs and increases efficiency. It also increases visibility into the procurement process, making it easier to track progress and performance of suppliers.
Market share is the percentage of sales or revenue that a company has in a particular market
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Real-time data warehousing can be used to support the highest level of decision making sophistication and power. The major feature that enables this in relation to handling the data is
The major feature that enables this in relation to handling the data is speed of data transfer.
What is Real Time Data Warehousing?Real Time Data Warehousing is a data warehouse that enables decision making to made speedily in real time.
Real time data warehousing is important for companies as it help to store large amount of data, it as well support higher level of decision and the speed of data transfer are very fast.
Inconclusion the major feature that enables this in relation to handling the data is speed of data transfer.
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Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they will pay for the item. payment for purchases name payment type payment amount (including finance charges) number of months to pay for item veronique store financed $25 10 lily credit card $35 7 who made the better financial decision and why? veronique because her payments are lower. veronique because her final cost, including finance charges, is less than lily’s. lily because she is paying off her purchase sooner. lily because her final cost, including finance charges, is less than veronique’s.
According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)
What is a finance charge?A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.
In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.
While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.
Note: This question is incomplete because the image is missing. Here is the image.
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explain the advantages of a yearly staff appraisal to both the organisation and the employees
This year was the best year for workers
If someone hire you today, what are some skills that you have that you can use in the workplace?
Plz help
Which investment strategy would work best if you wanted to make a lot of
money quickly?
A. Low risk, high return
B. High risk, low return
C. High risk, high return
D. Low risk, low return
Answer:
a. because if your risking small your return is still higher it doesn't matter if you risk acouple time and lose some because when your getting your return it's more then what you risked (I think)
Answer:
high risk high return.
Explanation:
there are several types of accounts that impact equity. which of the accounts below cause equity to increase?.
Common Stock as well as Income. Equity is the outcome of common stock less dividends plus revenue minus costs; as a consequence, if the business's common shares and revenues rise, so will its equity.
What does a business's revenue mean?Revenue is the overall profit an organization makes through its primary activities, such as the sale of goods or services, the rental of real estate, regular payments, the interest on loans, etc.
Is revenue net or gross?Because it appears just at top of the statement, revenue, which is known as sales revenue, is sometimes referred as the "top line." A company's overall profits or profit are referred to as income, or net income. Investors and analysts refer to a company's net income, which is the company's profit, when they talk about a company's income.
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The complete question is:
There are several types of accounts that impact equity. which of the accounts below cause equity to increase?
A. Revenues and assets
B. Common stocks and expenses
C. Dividends and assets
D. Common Stock and Revenues
In a company that manufactures casting parts, the temperature of the melting furnace fluctuates a lot according to the automatic reports of the device. What do you suggest to check the capability of the measuring system (furnace temperature)? explain
To check the capability of the measuring system for the melting furnace temperature, I suggest conducting a calibration test using a known reference temperature source.
Explanation:
Calibration is a process that verifies the accuracy and reliability of a measuring system by comparing its readings with a known reference. In this case, a known temperature source, such as a calibrated thermometer or a certified temperature probe, can be used. The reference source should have a higher accuracy and stability compared to the measuring system being tested.
During the calibration test, the reference temperature source should be placed inside the melting furnace in a location that represents the typical temperature distribution. The measuring system's readings should be compared to the reference source readings at various temperature points and across different operating conditions, such as during temperature fluctuations and different heating or cooling rates. This will help identify any systematic errors, biases, or inconsistencies in the measuring system.
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