answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nookie1986 [14]
2 years ago
13

When the floor rusted through on her old car, kelly knew she had a problem. logically, kelly's next step in the consumer decisio

n process would be to identify her need. search for information about cars. evaluate alternatives. purchase a new car. assess her satisfaction with the car she purchased?
Business
2 answers:
Andrew [12]2 years ago
4 0
<span>Kelly’s next step is to search for information about cars. Since she needs to make a decision on which vehicle she should purchase next, it is important for her to complete her research on which is the best fit for her. The consumer decision-making process is a five step process in which different companies and in this case, car manufacturers will promote their product in a way that makes them needed. The five steps Kelly will go through in the process are need for recognition, information search, evaluations and alternatives, purchase and post-purchase behavior. </span>
n200080 [17]2 years ago
3 0
<span><span>To search for information about cars would be Kelly’s next step in the consumer decision process. The </span>consumer decision-making process is composed of five steps that can be a guide for marketers to understand and communicate effectively to consumers.<span> These steps are following:</span></span> <span><span>
1.</span><span>Need recognition</span></span>
<span><span>2.</span>Information search</span>
<span><span>3.</span>Evaluations of alternatives</span> <span><span>
4.</span>Purchase</span>
<span><span>5.</span>Post-purchase behavior. </span>

 


You might be interested in
Consider two cigarette companies, pm inc. and brown inc. if neither company advertises, the two companies split the market and e
svp [43]

To solve this problem, let us try to break down each scenario one by one. We must calculate the total earnings that the two companies receive for each scenario.

Scenario 1: Neither company advertise

Earning of PM Inc = $ 50 M

Earning of Brown Inc = $ 50 M

Total Earning = $ 100 M

 

Scenario 2: Both companies advertise

Earning of PM Inc = $ 40 M

Earning of Brown Inc = $ 40 M

Total Earning = $ 80 M

 

Scenario 3: One company advertise, let us say PM Inc is the company who advertise and Brown Inc does not

Earning of PM Inc = $ 60 M

Earning of Brown Inc = $ 30 M

Total Earning = $ 90 M

 

We can see that Scenario 1 has the largest total earnings of all scenarios. Therefore the best strategy is:

<span>A. neither company will advertise</span>

3 0
2 years ago
Identify the number of firms, type of product and the marketing model for below scenarios.
Inga [223]

Answer:

Characteristics of Monopolistic Competition: -

  • Large number of firms
  • Product differentiation
  • No entry and exit cost in the long rim
  • Challenging entry

Characteristics of Perfect Competition: -

  • Large number of firms
  • Identical products
  • Easy to entry and exit

Characteristics of Oligopoly: -

  • Few numbers of firms
  • Identical or differential product
  • Significant barriers to entry

Characteristics of Monopoly market: -

  • Single firm
  • No entry for new firms

Scenario 1

Number of   firms = Many

Type of product = Differentiated product

Entry = Challenging

Market Model  = Monopolistic

Scenario 2

Number of   firms = Many

Type of product = Homogeneous product

Entry = Easy

Market Model  = Perfectly competitive

Scenario 3

Number of   firms = Few

Type of product = Identical product

Entry = Challenging

Market Model  = Oligopoly

3 0
2 years ago
Bracken, Louden, and Menser, who share profits and losses in a ratio of 4:2:2, respectively are partners in a home decorating bu
Alika [10]

Answer:

The computation of given question is shown below:-

Explanation:

a.                                           Bracken Louden     Menser

Profit/loss ratio                      50%          25%       25%

Capital balances before sale  $31,400  $7,400       $13,200

Loss from sale $16,000

Loss Allocation                        ($8,000)   ($4,000) ($4,000)

Capital balance after sales      $23,400  $3,400      $9,200

Distribution of cash                    $23,400  $3,400      $9,200

b.

                                                  Bracken    Louden      Menser

Capital balance                         $31,400     $7,400 $13,200

Loss from sale (32,000)         ($16,000)    ($8,000) ($8,000)

After sales Capital balance     $15,400     ($600)         $5,200

capital deficit allocation             ($400)                         ($200)

New capital balance                 $15,000                        $5,000

Distribution cash                      $15,000        0 $5,000

c.

                                              Bracken    Louden        Menser

Profit/ loss ratio                  50%      25%            25%

Capital balance before sale $31,400   $7,400          $13,200

Loss from sale 48,800    

Loss allocation                 ($24,400)     ($12,200)     ($12,200)

After sale capital balance   $7,000   ($4,800)   $1,000

Allocate louden's deficit       ($3,200)                         ($1,600)

New capital balance         $3,800                    ($600)

Allocate Menser's deficit ($600)  

Distribution cash                $3,200  

6 0
2 years ago
The Maroon &amp; Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the mem
SashulF [63]

Answer:

c. $180 in 2019

Explanation:

The company uses the accrual method of accounting. Under the method, revenues are reported on the income statement when they are earned, regardless of when the money is actually received or paid.

On July 1, 2017, the company sold a one-year membership and a two-year membership. In 2017, The Maroon & Orange Gym, Inc. has provided service for 6 months of each contracts.

Gross income of one-year membership in 2017 = $40 x 6 = $240

Gross income of one-year membership in 2017 = $30 x 6 = $180

Total income = $240 + $180 = $420

In 2018, the company continued to provide service for 6 months remaining of one-year membership and 12 months remaining of two-year membership.

Gross income of one-year membership in 2018 = $40 x 6 = $240

Gross income of one-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company completed providing service for 6 months remaining of two-year membership.

Gross income in 2019 = $30 x 6= $180

4 0
2 years ago
Which of the following is an incorrect statement regarding Bonus Depreciation? A. Bonus Depreciation is useful to very large bus
daser333 [38]

Answer:

C. Bonus Depreciation only covers new equipment.

Explanation:

Bonus depreciation is the depreciation provided on additional capital investment. This is depreciation for tax base calculation, where any purchase of eligible asset is depreciated extra that means the purchase price is allowed as standard deduction in first year of it's purchase.

There is no such primary condition that the asset shall be new equipment only.

Therefore, incorrect statement is C

8 0
2 years ago
Other questions:
  • Hannah accidentally overpaid her last credit card bill and has sent a written request for her bank to refund her difference. How
    5·2 answers
  • Which activity best demonstrates the trait of responsibility?
    13·1 answer
  • You are reviewing a prototype refrigeration system developed by a Mexican manufacturing firm. The firm is eager to do business w
    8·1 answer
  • Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor
    10·1 answer
  • n 2010, the country of Vesey exported goods worth $312 billion and services worth $198 billion. It imported goods worth $525 bil
    14·1 answer
  • Tyrion and Alchemist make a contract where Tyrion will pay $20,000 for 5.000 gallons of wild fire. Alchemist promises to deliver
    5·2 answers
  • On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000
    7·1 answer
  • Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in De
    12·1 answer
  • Marketability is the ability of an investor A)to sell a security quickly, at a low transaction cost, and at a price close to its
    6·1 answer
  • Which one of the following actions by a financial manager is most apt to create an agency problem? Increasing current profits wh
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!