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mash [69]
2 years ago
5

Angela wants to sell her business. Sadie has expressed an interest in purchasing it, but is worried about whether or not she wil

l qualify a loan with the interest rates going up. Sadie is worried about a/an Multiple Choice economic force. technological force. demographic force. political-legal force. international force.
Business
2 answers:
Maru [420]2 years ago
8 0

Answer:

Sadie is worried about<u> Economic force.</u>

Explanation:

Sadie needs to make an informed decision on how to raise the funds he needs to buy Angela's business as interest rates are going up. Interest rating is a function of economic forces.

Economic forces are factors such as monetary and fiscal policies, interest rate, employment, inflation rate, demographic changes, political changes, energy, security, and natural disasters. All of these have a direct effect on how businesses produce and distribute their products or services.

Economics provides a framework for understanding the actions and decisions of individuals, businesses and governments. It provides a means to understand interactions in a market-driven society and for analyzing government policies that affect the families, jobs and lives of citizens.

Svet_ta [14]2 years ago
4 0

Answer:

Option A; ECONOMIC FORCE

Explanation:

Economic forces are factors that influence the success and direction of the economy and the firms that operate in the economy. It often determines the competitiveness of the environment in which the firm operates.

Factors such as level of employment, rate of inflation, rate of interest, demographic changes, and fiscal and monetary policies, determines an enterprise’s volume of demand for its product and affect its marketing strategies and activities.

Investors and businessmen pay attention to economic forces (they take economic forces into consideration) when valuing an investment.

Since Sadie is worried about whether or not she will qualify a loan with the interest rates going up, therefore, Sadie is worried about an ECONOMIC FORCE.

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True [87]

Answer: The answers are provided below

Explanation:

1. The understanding of consumer behavior which has helped Coppertone grow in the United States and around the world are:

• Its understanding of consumer behavior was along with changing behaviour of consumers.

• Its understanding was along with consumer's changing needs.

• Providing innovative solutions that are in accordance with consumer preferences.

Note that at the beginning, Coppertone started as a tanning product, but later developed nee products when the consumers preferences changed from tanning to skin protection.

2. . The Five stage purchase decision process for a Coppertone customer are:

a. Problem recognition - This is the stage of understanding the problem.

b. Search for information. It is the stage of seeking solution to the problem

c. Comparision of alternatives - This is the stage where the comparative analysis is done. This stage is influenced by the product, price, availability etc.

d. Decision of purchasing - This is the stage of decision making that is based on the comparisons made.

e. Post-purchase feedback - This is the stage whereby the consumer will evaluate the product performance. This stage is vital to retaining existing consumers.

3. The factors that can influence the Coppertone consumer purchase decision process are:

• Psychological: It is the intention of consumers to protect their skin from the sun while going out thereby maintaining their good look.

• Sociological : It is in human behaviour to replicate the things that are being done by other people in the society.

• Situational Factor: This is a case whereby consumers are left with no other alternatives than purchasing a particular product brand to meet their need.

4. The marketing activities Coppertone utilized to help it grow in the marketplace are:

• Advertisment: Coppertone advertisment strategy really worked through its use of the advertisement campaign for “the Coppertone Girl” and also their famous tagline “Tan, Don’t Burn.” This helped spar the product’s popularity.

• Use of social media: They also engage with their customers on social media nd other websites.

5. The challenges that would be faced by Coppertone in the future are:

• There will be an unbalanced demand and supply since the requirement of the product is seasonal.

• Selective usage of the product by the customer can hampers the sale.

• There may be the need for more innovative products in order to meet customer needs.

The recommendation related to each challenges are:

• Awareness should be created among the customers about their self health and looks, in order for them to shift away from seasonal usage.

• New products should be launched aggressively. This is because customers are trendy nowadays and also appealing marketing techniques should be used.

6 0
2 years ago
A(n) ______ does not work for either the employer or the employee. It acts as a go-between for employers looking to hire and emp
Anastaziya [24]

Answer:

An employment agency

Explanation:

An employment agency is a firm whose primary purpose is to connect employers and employees. The agency does not employ people but aims at placing them for employment in other organizations. The agency matches the job opening in organizations and available skills.  

In some countries, employment agencies can be government-owned or private businesses. Organizations that employ though agencies will save on time and recruitment costs.  

3 0
2 years ago
Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i
Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time =  $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = \frac{738}{500}  

$1 = NZ  $1.476

current exchange rate is $1 = NZ $1.476

so

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = \frac{5000}{1.476}  

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

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