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konstantin123 [22]
2 years ago
14

For most people, the purchase of a Ford automobile would employ which type of consumer decision making? a.Generic decision makin

g b.Extended decision making c.Routinized decision making d.Limited decision making e.Impulse buying Due to the high risk of financial loss of future purchasing power, for most people, automobiles have _____. a.routinized involvement b.low involvement c.extensive involvement d.enduring involvement e.situational involvement
Business
1 answer:
sashaice [31]2 years ago
8 0

Answer:

1. B

2. E

Explanation:

1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.

2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.

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Which of the following is not an example of organizational citizenship behaviour? telling your friends about the company’s great
Hoochie [10]

Answer: discouraging a friend from applying for a job at the company

Explanation: i would choose this one because organizational is behavior's that  is perceived as a positive, extra-role, pro-social demeanor which benefits the employer and enhances the overall success of a business discouraging a friend from applying for a job at the company that is very   a  discouraging to a person no positivity there lol

4 0
2 years ago
Suppose you are the manager of a California orange orchard. How would you expect the following events to affect the market equil
Xelga [282]

<u>Answer:</u>

a. The price of comparable Florida orange juice decreases.

a-a This would shift left and affect demand.

b. One hundred new fruit juice processing plants open in California.

b-a This would shift Right and affect demand

c. The price of a bottle increases significantly due to new government anti-shatter regulations.

c-a This would shift left and affect Demand

d. Researchers discover a new fruit juice processing technology that reduces production  costs.

d-a This would shift right and affect demand

e. The average age of consumers increases, and younger people drink less orange juice

e-a This would shift left and affect demand

<u>Explanation:</u>

A state of market where market supply is equal to market demand thus understood as "market equilibrium". The price of equilibrium is the price of a good or service, if its supply is equal to the market demand for it.

A reduction in demand will trigger the price of the equilibrium to fall; the amount delivered will decrease. An increase in supply, unmodified for all other things, will provoke the price of equilibrium to fall; the amount requested will increase. While declining supply will cause the price of the equilibrium to rise; the demanded quantity will decrease.

6 0
2 years ago
Which of the following should be kept in mind when deciding between mac and windows computers?
jenyasd209 [6]

Answer:

A and B

Explanation:

When you own a business you must keep in mind that most employees would rather use a windows computer rather than a Mac as they are less likely to have used them in the past. This would decrease productivity. Additionally one would have to pay for a course teaching them to use Apple computers which is unnecessary. Additionally Windows Computers are largely cheaper. These savings can be reinvested into the business

5 0
2 years ago
Joe is currently unemployed and without health insurance coverage. He derives utility (U) from his interest income on his saving
sveta [45]

Answer:

1. Joe's expected utility without any insurance coverage is $985.36

2. Joe's expected Income without any insurance is $39,000

3. Joe will not buy insurance; if he buys insurance, it'll lower his income (and utility) to below the level he can expect to obtain without purchasing the insurance.

4. Yes, he will (See Explanation Below)

Explanation:

Given

Function,U= 5(Y^½) where Y = Savings

Let P = Chances of having a heart attack = 5% = 0.05

Let Q = Chances of not having a heart attack = 1 - 5% = 1 - 0.05 = 0.95

Let C = Cost of Treatment = $20,000

Let A = Income per year = $40,000

1. Expected utility without any insurance coverage is calculated as follows:

Expected Utility = 5PC^½ + 5QA½

Substitute respective values in the above equation

Expected Utility = 5 * 0.05 * √20,000 + 5 * 0.95 * √40,000

Expected Utility = 985.3553390593273

Expected Utility = 985.36 ---- Approximated.

Hence, Joe's expected utility without any insurance coverage is $985.36

2. Expected income without any insurance coverage is calculated as follows

Expected Income = QA + P(A-C)

Expected Income = 0.95 * $40,000 + 0.05 * ($40,000 - $20,000)

Expected Income = $39,000

Hence, Joe's expected Income without any insurance is $39,000

3. First, we'll calculate his expected Loss.

Expected Loss is calculated as = ∆Income

∆Income = Difference in Income if he has insurance and if he doesn't

Income if he has insurance = $40,000

Income if he doesn't = $39,000

Expected Loss = $40,000 - $39,000

Expected Loss = $10,000

He has an expected loss of $1,000.

U40,000= $1,000, compared to U39,000 = $987.42, and U38,500= $981.07.

Joe will not buy insurance

If he buys insurance, it'll lower his income (and utility) to below the level he can expect to obtain without purchasing the insurance.

4.

Assume that Joe is taxed at 33% rate, the following analysis applies

Annual tax = 33% of $39,000 = $12,870

He's left with $39,00 - $12,870 = $26,130

Utility = $808.24

If premium = $1,500, the following analysis applies;

Income = $40,000

Taxable Income = $40,000 - $1,500 = $38,500

Annual tax = 33% of $38,500 = $12,705

He's left with $38,500 - $12,705 = $25,795

Utility = $826.06

If he chooses tax free insurance, the following analysis applies.

Utility is greater

If premium is tax exempt, he'll pay insurance

This means that incentives can apply for people with good investments.

As it is, currently the US is making attempts to do with fines for failure to carry health insurance under ACA.

4 0
2 years ago
BBB Company has been a successful manufacturer of quality electronics products for the past 20 years. It is a publicly traded co
OverLord2011 [107]

Answer:

Answer 1.

Beneath referenced pointers show that organization arranged the liquidation for recent years or something like that.  

  • The way that there had been no interest in R&D for recent years which more likely than not brought about noteworthy cost putting something aside for the organization.  
  • BBB bought expanded size of stock on layaway from providers in recent years which is a warning.  
  • Indeed, even without bringing about any R&D cost for recent years, CFO of BBB moved toward the bank to expand the credit line of the organization and utilized all credit line without legitimate desk work.  
  • CFO erroneously guaranteed the brokers about new product offering so as to look for advances/increment credit line.  
  • Indeed, even with diminished deals, organization was indicating lower supply of stock. They more likely than not been offering the stock at cost to outsider or shrouded it at an undisclosed area to dupe the providers.  
  • With no interest in R&D and declining business possibilities, organization couldn't have given new offers for subsidizing  

Answer 2.

Yes, even if it is a fraudulent filing for bankruptcy, BBB organization despite everything can select to petition for financial protection or BBB can close the business through and through and escape with the reserve funds and continues from the offer of the stock. Indeed, even leasers and providers reserve the option to petition for automatic insolvency against the BBB in the event that BBB doesn't seek financial protection.  

It thoroughly relies upon the BBB Company, in the event that it selects to declare financial insolvency under section 7, or 11 of the liquidation code. Be that as it may, it is just under section 11 liquidation procedures of the chapter 11 court it very well may be set up that BBB's aim and untrustworthy strategic policies establishes to insolvency misrepresentation.

3 0
2 years ago
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