Lucas wants to buy a new car. Before he makes a final purchase, he decides to do a full web-based information search. He also talks with his family and friends to gain even more knowledge. What type of decision-making is this an example of?.
Answers
Lucas wants to buy a new car and before, he makes a final purchase, he decides to do a full web-based information search and talks with his family and friends to gain more knowledge. This is an example of an Extensive type of decision-making.
For high involvement decisions, extended problem-solving is employed. The buyer follows a methodical process as they make their decision. Since this is a significant purchase for Lucas, he takes the time to thoroughly research it and consult with experts. Since this was a decision that required a lot of his involvement, Lucas employed prolonged problem-solving.
Extended decision-making is the kind of decision-making where a person needs a number of affirmations before making a purchase of a good or service. To make the greatest choice, they think about consulting a variety of sources and asking a variety of people for their opinions.
This can sometimes seem like a really beneficial technique, but it doesn't always work out because it takes time. While a result, the deal may run out of stock as they use this technique to get there.
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Related Questions
A buying decision made quickly and with little thought is called a(n)
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Answer:
B2C purchase made quickly and with little thought. routine buying decision. Process of communicating with potential customers in an effort to influence their buying behavior.
Explanation:
:)
Firestone owns its manufacturing sites as well as retail stores that sell its tires. Firestone exemplifies a(n)
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Firestone exemplifies a corporate distribution system by owning its manufacturing sites as well as retail stores that sell its tires.
What is corporate distribution system?A corporate system is where a distribution channel owns all of the others by combining distribution channel under the leadership of a single business.
A corporate distribution system keeps track of its manufacturers', wholesalers', and retailers' procedures, finances, and deadlines. They are in charge of the whole process of manufacturing.
Hence, Firestone exemplifies a corporate distribution system by owning its manufacturing sites as well as retail stores that sell its tires.
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What is viability factors researches the demand for products or services?
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Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
Which best describes the facilities involved in the Healthcare cluster?
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.
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Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Answer:
C. government
when using a roth plan, you invest your money after paying taxes, and the investment grows tax-free.
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True - When using a roth plan, you invest your money after paying taxes, and the investment grows tax-free.
That is, when you contribute to a Roth IRA with money that you have already paid taxes on, there is no additional tax due when you remove funds from the account in retirement.
A Roth IRA is an individual retirement account that accepts after-tax contributions. While there are no tax benefits for the current tax year, after you turn 59 \(\frac{1}{2}\) and the account has been open for five years, your contributions and earnings can grow tax-free and you can withdraw them without paying taxes or penalties.
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Why are human resource professionals best equipped to handle conflict that has escalated? A They are paid a salary that is appropriate for this kind of work. B They have the training and resources to facilitate a discussion as a neutral third party. C They oversee managers in a hierarchical structure and can fire them if necessary. D They can recruit new employees if a resolution cannot be reached.
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Answer:
B
Explanation:
Answer:
b
Explanation:
e2020
the profit margin ratio is defined as divided by net sales.(enter one word per blank)
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net income
The profit margin ratio is a financial ratio that is used to measure a company's profitability. It is calculated by dividing net income by net sales. Net income is the amount of revenue that remains after all expenses, including taxes and interest, have been deducted. Net sales, on the other hand, refer to the total revenue that a company earns from the sale of its goods or services. The profit margin ratio reflects the portion of each dollar of revenue that is left as profit after all expenses have been paid. A high profit margin ratio is generally considered favorable, as it indicates that the company is earning a higher percentage of profit for each dollar of sales. Conversely, a low profit margin ratio indicates that the company is earning a lower percentage of profit for each dollar of sales, which may suggest that the company is operating inefficiently or facing strong competition
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what is the value to the expressions (not all together ) 1.4² . 300÷2 (0.5 +4.5 )² . 1/3 ÷2 × (1/2)³
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The final of value of the mathematical expressions gives; 1.96 . 6 . 4/3
If we look at the problem, we will discover that there are three expressions which are;
1.4²300÷2 (0.5 +4.5 )²1/3 ÷2 × (1/2)³Let us obtain the value of each expression individually;
1.9664/3Hence, the value of the expressions;
1.96 . 6 . 4/3
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how to tell if two goods are substitutes or complements from demand function
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Cross-price elasticity determines substitutes or complements from demand functions. Positive value indicates substitutes, negative indicates complements.
To determine whether two goods are substitutes or complements using demand functions, you can examine the signs and magnitudes of the cross-price elasticities.
1. Substitutes: If an increase in the price of one good leads to an increase in the quantity demanded of the other good, they are considered substitutes. In the demand function, the cross-price elasticity of demand should be positive. A higher positive value indicates a stronger degree of substitution.
2. Complements: If an increase in the price of one good leads to a decrease in the quantity demanded of the other good, they are considered complements. In the demand function, the cross-price elasticity of demand should be negative. A more negative value indicates a stronger degree of complementarity.
To calculate the cross-price elasticity of demand, you need the demand function for each good and the prices of both goods. The cross-price elasticity is given by the formula:
Cross-price elasticity = (% change in quantity demanded of one good) / (% change in price of the other good)
If the cross-price elasticity is positive, the goods are substitutes. If it is negative, the goods are complements.
It's important to note that the interpretation of substitutes and complements may also depend on the context and specific market conditions. Market research and consumer behavior analysis can provide additional insights into the relationship between two goods and whether they are substitutes or complements in practice.
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An insurance that you pay if your down payment is less than 20 percent of the total cost of the house _____.
a. an ARM
b. an escrow account
c. PMI
d. a balloon loan
Answers
Answer:
Hello There!!
Explanation:
I think the answer is c.PMI because that is the only option which best fits into the sentence.
hope this helps,have a great day!!
~Pinky~
\(\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}\)
C. PMI
ThanksHope it helpsWhat seems to be the issue for young adults and financial literacy? Explain why.
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advantages of intensive strategies
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Answer:
The advantage of applying an intensive distribution strategy is in generating revenue, product awareness and pushing for impulse buying.
As more products are sold, more money is earned.
As more locations carry the products, the more opportunities there are for manufacturers to make profit.
Explanation:
hope this helps
A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
Which two are considered resellers? -retailers -wholesalers -manufacturers -government agencies. -retailers -wholesalers.
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The two options that are considered resellers are retailers and wholesalers.
Therefore the answers are retailers and wholesalers.
Both retailers and wholesalers of these types of businesses purchase products from manufacturers or other sources and then sell them to end consumers.
However, retailers typically sell products in smaller quantities directly to consumers, while wholesalers sell larger quantities to retailers or other businesses. Resellers play an important role in the supply chain, as they help to distribute products to a wider market and can provide valuable marketing and distribution services to manufacturers.
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pls refer to photo thank you!
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What is the main idea of the "Invisible Hand" theory?
Society progresses when producers and consumers think about the government first and themselves second.
Society progresses when producers and consumers act in their own self-interest.
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The main idea of the "Invisible Hand" theory is that Society progresses when producers and consumers act in their own self-interest.
What is Free Market?This refers to the market enterprise that exists when pricing is the main determinant of a market
Hence, we can see that The main idea of the "Invisible Hand" theory is that Society progresses when producers and consumers act in their own self-interest.
This is because this posits that markets find equilibrium without external factors and influences.
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Why 98% people fail in affiliate marketing? most people that try to do affiliate marketing fail. this is not because it doesn't work, it's usually because people don't know how to do it and their expectations of the time it takes to become successful at it is just too short. too many shortcuts and too little focus.
Answers
There are several reasons why many people fail in affiliate marketing. One major reason is a lack of knowledge and understanding of how to effectively implement affiliate marketing strategies.
Numerous factors contribute to the failure of many affiliate marketers. Lack of information and comprehension of how to successfully apply affiliate marketing methods is a significant contributing factor. Additionally, unrealistic expectations regarding the time it takes to achieve success can lead to disappointment and giving up too soon. Another factor is the tendency to rely on shortcuts and quick fixes rather than putting in the necessary time and effort to build a successful affiliate marketing business. Lack of focus and consistent effort can also contribute to failure in this field.
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How do you write a business pitch???
Answers
Answer:
A business pitch is a presentation by one or more people to an investor or group of investors.
Explanation:
have a nice day! hope this helps!
The best business pitch gets to the heart of the matter quickly in order to keep investors from losing interest or worse yet, thinking there's no point to the presentation. Get to the meat of the pitch as soon as possible; if investors don't understand the idea right away, they'll think customers won’t understand it either.
You may want to consider starting with an elevator pitch, so named because it should be short enough to deliver during a brief elevator ride. It can introduce your business pitch and is handy if you stumble across a brief opportunity to sell your idea to a potential investor (for instance, if you find yourself riding to the tenth floor with the likes of Bill Gates). An elevator pitch is a concise and carefully planned description of your company or idea that can be quickly and easily understood. In a longer business pitch, the elevator pitch can be used as the hook: a line or two in your business writing that captures the attention of potential investors.
Once you've started off your business pitch with a brief overview of your business idea, it’s time to flesh out the details. You want to get across the reasons investors should to buy in; for example, what benefits will investors receive if they provide the necessary capital? Your business pitch might include the following:
It is important to do your research. You must know your product, audience, and competitors well and should be prepared to answer any questions potential investors may have. It is important to ensure you are pitching your idea to the right people. Research potential investors and ensure your pitch idea is well-matched to their interests.
While your overall idea is the most important part of your business pitch, make sure to polish the details: be sure your numbers are correct and have evidence to validate any claims you make. Use powerful, convincing words and avoid using superlatives or hyperbole; and, of course, edit your pitch to ensure you have used proper grammar, spelling, and punctuation! You want potential investors to judge your business pitch based on merit rather than surface errors..l
none of these strategies suggest transferring your medical debt onto a credit card or taking out a short-term loan to cover the costs. why do you suppose that’s the case?
Answers
Because the interest rate in both case is higher than your medical debt's interest rate.
What is interest rate?An interest rate informs you of how much borrowing will cost you and how much saving will pay off.
Therefore, the interest rate is the amount you pay for borrowing money and is expressed as a percentage of the total loan amount if you are a borrower. For a loan of a particular size, the higher the percentage, the more you must repay.
If you save money, you can find out how much will be deposited into your account as a percentage of your savings by looking at the savings rate. For a given size deposit, your account will receive more money if the savings rate is higher.
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Please select the word from the list that best fits the definition Enjoy music in their free time
Answers
Answer:
Auditory Learners
Explanation:
I got it right on edge 2022.
How can tracking income and expenses influence future financial decisions?
Answers
In reality, by assisting individuals in developing better saving and budgeting practices, financial planning may have a significant positive influence on lower-income households.
What is the process of financial planning?It is a long-term strategy for effectively handling your money so that you may attain your goals and objectives while also overcoming the financial obstacles that invariably appear at every stage of your life.
Goals must first be set before a strong financial strategy can be developed.
Why is having a financial plan crucial?A financial plan serves as a roadmap for your financial future. In essence, it assists you in maintaining control over your earnings, outlays, and assets so that you may manage your finances and accomplish your goals.
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on Juan's 26th birthday, he invested $6,500 in a retirement account. Each year thereafter, he deposited 7% more than the previous deposit. The account paid annual compound interest of 6%.
what uniform annual investment over 35 years is required to achieve the same account balance?
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The uniform annual investment over 35 years is required to achieve the same account balance $ 4,550.
What do you mean by an uniform annual investment?The annual worth is the sum of all the advantages and expenses over the course of a year. We therefore give a single number—the yearly worth—that represents the net of all the various advantages and expenses incurred at various moments throughout the course of a year.
We can determine a single virtual number for systems with a lifespan longer than a year that indicates an equivalent annual net benefit or cost over the course of the system life.
Here,
Calculation of amount:
To save the same amount in account i.e., $ 507,000, one should invest the following amount:
Future value of annuity = Annul payment × [(1 + r)^n - 1] / r
$ 507,000 = Annual payment × [(1+.06)^35 - 1] / 0.06
Annual Payment = $ 30,420 / 6.686
Annual payment = $ 4,550.
Therefore, the uniform annual investment over 35 years is required to achieve the same account balance $ 4,550.
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On a loan of $32,000 at 7% interest for 6 months, how much do you wind up paying to pay off the loan?.
Answers
The amount to be paid at the end of the loan period will be $33,120. The rate of interest on the loan is given as per annum and hence the interest is to be calculated for 6 months.
Calculation of settlement amount of loan:Given:
\(\rm Principal &= \$32,000\\\\Rate &= 7\%\:per\:annum\\\\Tenure = 6\:months\)
Interest is calculated from the following formula:
\(\rm Interest = Principal\times Rate \times Tenure\)
Hence the interest for the loan will be:
\(\begin{aligned}\rm Interest &= \$32,000\times 7\% \times 6\: months\\\\&= 32,000 \times \dfrac{7}{100}\times \dfrac{6}{12}\\\\&= \$1,120\end\)
The final payment for the loan will be the combination of principal and interest.
Therefore final payment = $32,000 +$1,120
= $33,120
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dratif corporation's working capital is $45,000 and its current liabilities are $128,000. the corporation's current ratio is closest to: multiple choice 1.35 0.35 2.35 0.74
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The ratio between a company's current obligations and its current assets is known as the current ratio. You divide current assets by current liabilities to arrive at the current ratio. So, the closest option is 1.35 for the current ratio. So, the answer is A) 1.35.
To Find the current ratio, we need to divide the current assets by the current liabilities. The current assets are not given, but we can use the working capital and the current liabilities to calculate them. The current assets can be calculated as follows:
Current assets = Working capital + Current liabilities
= $45,000 + $128,000
= $173,000
Now we can calculate the current ratio as:
Current ratio = Current assets / Current liabilities
= $173,000 / $128,000
= 1.35
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Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a beginning Cash balance of $36,000. A. Purchased merchandise inventory on account, $16,900. B. Paid vendors for part of inventory purchased earlier in month, $11,100. C. Purchased merchandise inventory for cash, $10,400.
Answers
Answer and Explanation:
The preparation of the T-accounts are as follows:
For Account payable
Cash $11,100 Inventory $16,900
Balance $5,800
Total $16,900 Total $16,900
For Inventory
Account payable $16,900
Cash $10,400 Balance $27,300
Total $27,300 Total $27,300
For cash
Opening balance $36,000 Account payable $11,100
Inventory $10,400
Balance $14,500
Total $36,000 Total $36,000
Joey has $1,000.00 to invest. He loves tracking crude oil prices. If he were to invest, what type of investment strategy would he be investing in?
Answers
An investment strategy is a plan created to assist lone investors in achieving their monetary and investment objectives. Your specific circumstances, including your age, wealth, risk tolerance, and aspirations, will determine your investing plan.
What is an investment strategy example?Due to the possibility of generating a monthly rental income, rental properties are a typical form of income investment. You may then utilize those profits to increase the size of your investment portfolio. Dividend stocks, index funds, and specific bonds are some more typical income investment ideas.
Finding growth investments is a common beginner's tactic. This entails searching for up-and-coming businesses and buying a stock before the enterprise takes off. When using a growth investing plan, one of the most well-known instances is to look at Apple shareholders.
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In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is __________ amongst that audience.
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In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is relevant and engaging to them.
By analyzing their demographics, interests, and online behaviors, you can identify the social media platforms or channels that align with their preferences. This ensures that your ads are seen by the right people, in the right context, maximizing their relevance and impact.
Additionally, staying attuned to trending topics, popular hashtags, and viral content within your target audience's online communities allows you to tap into what is currently captivating their attention.
By combining audience insights with relevant content, you can create compelling ad campaigns that drive engagement, increase brand visibility, and ultimately yield positive results.
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I discussed both the formula and consolidation worksheet approaches. Which one did I mention is the more favorable approach in an exam setting when time and information is limited? A) Formula B) Worksheet C) Neither D) Both are the same
Answers
The more favorable approach in an exam setting when time and information is limited, as mentioned, is the formula approach.
The formula approach is the more favorable approach in an exam setting when time and information is limited. When it comes to preparing consolidated financial statements, there are two main approaches: the formula approach and the consolidation worksheet approach. The formula approach involves using specific formulas and equations to eliminate intercompany transactions and calculate the consolidated figures. It relies on predefined formulas and consolidating adjustments to arrive at the consolidated financial statements. This approach is more systematic and requires a good understanding of the underlying principles and concepts.
On the other hand, the consolidation worksheet approach involves creating a worksheet with multiple columns to combine the financial information of the parent and subsidiary companies. The worksheet is used to make consolidating entries, eliminate intercompany transactions, and calculate consolidated figures. This approach is more visual and can provide a clearer overview of the consolidation process. In an exam setting where time and information are limited, the formula approach is generally more favorable. This is because it allows for a more direct and concise calculation process. By using the appropriate formulas, students can quickly compute the necessary adjustments and arrive at the consolidated figures without the need for creating and populating a consolidation worksheet. Additionally, the formula approach is more structured and easier to follow in an exam scenario, where time constraints may require a more efficient approach.
However, it is important to note that both approaches have their merits and may be suitable in different situations. The consolidation worksheet approach can be advantageous when dealing with complex transactions or when a more detailed analysis is required. Ultimately, the choice of approach may depend on the specific requirements of the exam question and the time available for completion.
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In the previous question, you determined the the total of Amy's sales over the analysis period. What was her totalprofit?
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Simply put, profit is total revenue less total expenses. It reveals how much your company made after expenses. Profit is a crystal-clear indicator of how your business is operating and performing in the market because the main objective of any business is to make money.
Your remaining cash balance (also known as your net profit) is the sum of all your business expenses. Alternatively put, it's the portion of your overall revenue that you (and your company) get to keep. For instance, the gross profit would be $6,000 if a business had $10,000 in revenue and $4,000 in COGS. Your income statement includes this amount.
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Do you agree or disagree with the argument that crime seriousness and prior criminal record are not necessarily legally relevant variables? What are some other variables that should be taken into account? What do you feel are the most important factors that should be used when sentencing?
Answers
I agree to this argument.
Arguments that the severity of the offence and the defendant's prior criminal record are not inherently legally pertinent variables are frequently brought up in discussions about the equity and efficacy of sentencing.
Socioeconomic origin, mental health, and personal history contribute to a deeper understanding of the underlying causes of criminal behaviour and the potential for rehabilitation.
Important factors include the willingness to participate in rehabilitation programmes, the availability of support networks, and the likelihood of successful reintegration into society.
The appropriate sentence may be determined by weighing factors such as the nature of the offence, the likelihood of recidivism, and the need to protect society.
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