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miss Akunina [59]
1 year ago
10

Carrie enjoyed observing wildlife in natural habitats. She wanted to be able to hide at a distance but observe wildlife close up

in a variety of circumstances. She visited five different outdoors shops and tried using several different pairs of binoculars. She liked the feel and features of the Nikon 7576 MONARCH 5 and decided to purchase it. What two levels of the product levels model did Carrie experience in this process?
Business
1 answer:
jek_recluse [69]1 year ago
6 0

Answer: 1. The core benefit

2. Expected product

Explanation:

Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.

The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;

a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.

b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.

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I do not agree that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself.”

The entrepreneur may be the chief beneficiary when she is alive to reap the rewards of their entrepreneurial efforts. But, she is certainly not the only beneficiary of the entrepreneurial wealth that she creates. Nobody works in isolation. When the entrepreneur commences her business, society as a whole benefits because any individual wealth created increases the wealth of the nation and the world. She only gets the profit share of the created wealth. Customers who patronize her services and goods also derive satisfaction of needs (utility or value). The entrepreneur's wealth is also shared to the government in form of taxes. Suppliers of primary goods and services also share in the wealth of the entrepreneur. And employees of the entrepreneur also take a large share of the created wealth.

But, who is an entrepreneur? She is somebody who assumes some entrepreneurial (first-time) risks in order to set up a business for the manufacture or provision of goods and services for the purpose of profit. Her business may not be profitable in the short-run. She can even lose tons of money initially until the profit stage sets in. As she preserves, the profits will start rolling in, provided she had done her homework well.

8 0
1 year ago
Colorado traffic laws are revised each year by ?
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C colorado general assembly
5 0
2 years ago
Read 2 more answers
In​ 2019, Forever​ Young, Inc. sold land for $ 110 comma 000 ​cash, purchased equipment for $ 18 comma 000 cash and issued bonds
True [87]

Answer:

The Net cash provided by investing activities​ is <u>$172,000</u>.

Hence, the correct option is <u>B. $ 172 comma 000.</u>

Explanation:

Given:

In​ 2019, Forever​ Young, Inc. sold land for $ 110,000 ​cash, purchased equipment for $ 18,000 cash and issued bonds for $ 80,000 cash.

Now, to find the Net cash activities.

Land sold of cash = $110,000.

Equipment purchased of cash = $18,000.

Bonds issued of cash = $80,000.

Now, to get the Net cash activities we put formula:

<u><em>Net cash activities = Land sold - Equipment purchased + Bonds issued</em></u>

                               =110,000-18,000+80,000\\\\=110,000+62,000\\\\=172,000.

Therefore, the Net cash provided by investing activities​ is $172,000.

Hence, the correct option is <u>B. $ 172 comma 000.</u>

6 0
2 years ago
Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l
just olya [345]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Costs associated with the alternatives are listed below.

Alternative X

Materials costs $ 41,000

Processing costs $ 45,000

Equipment rental $ 17,000

Occupancy costs $ 16,000

Alternative Y

Materials costs $ 59,000

Processing costs $ 45,000

Equipment rental $ 17,000

Occupancy costs $ 24,000

Only Material Costs are relevant because they vary whether you chose Alternative X or Y. Processing costs are the same in both options.

6 0
2 years ago
Imagine that Stella deposits $25,000 in currency (which she had been storing in her closet) into her checking account at the ban
lapo4ka [179]

Answer:

The required reserves increases by $6.250

Explanation:

Step 1. Given information.

Stella deposits $25.000

Required reserve 25%

Step 2. Formulas needed to solve the exercise.

Required reserves = deposits * reserve ratio

Excess reserves = deposits - required reserves

Step 3. Calculation.

Required reserves = 25.000 * 0.25  = $6.250

Excess reserves = 25.000 - 6.250  = $18.750

Step 4. Solution.

The required reserves are $6.250 and the excess reserves is $18.750

5 0
1 year ago
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