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lara31 [8.8K]
2 years ago
5

Chris decides to purchase to pack of bubble gum as he is checking out at Walmart, he didn't intend to buy it, but it was there.

These routine purchases best represent which type of product?
a. Spur of the moment
b. Specialty
c. Shopping
d. Convenience
Business
1 answer:
victus00 [196]2 years ago
3 0

Answer:

d. Convenience

Explanation:

Chris decides to purchase to pack of bubble gum as he is checking out at Walmart, he didn't intend to buy it, but it was there. These routine purchases best represent convenience products. Convenience products are the goods which customers purchase frequently without any effort and planning. Customers are very less conscious about their purchases because these products do not cost that much, therefore, these decisions are not riskier. For example, buying magazines, newspapers, chocolates, cold drinks, chewing gums, candies and most grocery items. Convenience goods are mostly non durable.

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Zara's staff members regularly collect data from customers at its stores. This data is used to: a. decide the designs and styles
umka2103 [35]

The details are important for settling on the models and patterns (designs and styles) for Zara's goods for the Upcoming few seasons.

Option-a

<u>Explanation: </u>

The collection of data is described as the approach of objective analytical observations utilizing standard established techniques compilation, calculation and evaluation. On the basis of data obtained, a scientist will test his hypothesis. In many other situations, the collection of data is the key phase for science, regardless of the area.

Based on the information required, the method of data analysis is unique for various subject areas of study. The main aim of the collection of data is to ensure that accurate information is gathered for statistical methods so that information-driven analytical decisions can be taken.

4 0
2 years ago
Scott and his partner, Greg, have decided to update their computer network, although they have no expertise in this area. During
sweet [91]

Answer:

E. Rational decision making.

Explanation:

Rational decision making: It is a process of decision making that involve multi steps process of analysis, logic and knowledge of expert for decide on alternative. It does not favor insight or subjectivity in the process of decision making. Identifying a few possible courses of action is the first step involved in the rational decision-making process.

Steps that followed in rational decision making:

  • Define the problem.
  • Identify the decision criteria.
  • Allocate weights to the criteria.
  • Develop the alternatives.
  • Evaluate the alternatives.
  • Select the best alternative.

In the given case, during a meeting with Greg, Scott said "Our decision is limited by numerous constraints, such as our understanding of the complexity of technology, time and money, imperfect information, and our conflicting goals.", which are hindrance to Rational decision making.

4 0
2 years ago
In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar
JulijaS [17]

Answer:

A Common Market

Explanation:

A Common Market is the one where a group is created or established by countries within the area of geographical in order to encourage the duty free trade as well as the free labor movement and also the capital among the members. In the market, it imposes a common external tariff on the imports.

So, in this market, members eliminate the barriers of trade and adopt or follow the common policy.

7 0
2 years ago
Current assets and current liabilities for Brayden Company are as follows: 20Y9 20Y8 Current assets $498,600 $532,400 Current li
GuDViN [60]

Answer:

Working Capital -2019  =$229300

Working Capital -2018 = $230900

Explanation:

Working capital is the operating capital of the business that is used in the day to day running or the business and is a metric for the liquidity of the business. It is necessary for the operations of the business and is calculated as the difference between the current assets and the current liabilities.

Working Capital = Current Assets - Current Liabilities

Working Capital -2019 = 498600 - 269300  =$229300

Working Capital -2018 = 532400 - 301500  = $230900

4 0
2 years ago
In November 2004, Kraft Foods sold its confectionery business to Wrigley for $1.85 billion cash, which consisted primarily of th
VMariaS [17]

Answer:

The correct answer is letter "B": Sell-off.

Explanation:

A sell-off is the rapid sale of an asset typically follow by its drastic decline in its value. For example, if ABC corporation releases a bad earning report many of its shareholders may decide to sell their shares. With many sellers and few buyers, ABC stock value will sharply fall.

Kraft Foods Inc., in November 2004, published the sell of its sugar confectionery enterprises because they had discontinued operations. They planned to restructure the organization realigning and lowering the structure cost and optimizing capacity utilization.

4 0
2 years ago
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