The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.
What is a purchase?A purchase refers to the action of buying something. Purchasing is considered an important course of action.
There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.
The five stages are
Problem recognition- It is the most basic step that ensures if there is a need for purchase.Information search- The next step is to search the information related to the Tata NanoAlternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people. Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.Learn more about the Purchase decision process here
https://brainly.com/question/26517026
In the project initiation phase, which document contains high-level details of the proposed project? A. project plan B. project proposal C. business justification D. proposal summar
In the project initiation phase, the project proposal is known to contains high-level details of the proposed project.
What is a project proposal?This is a project document that is known to carry all of the details that the project is supposed to have.
The proposal is known to have an outline of all that the stakeholders need to know about the work that is to be done.
Read more on project proposal here: https://brainly.com/question/21085755
Answer:
The answer is B. project proposal
Explanation:
If you were opening a savings account with compound interest, would you prefer an account that offers annual compounding, quarterly compounding, or daily compounding? Why? (3-6 sentences. 2.0 points)
Answer:it is B
Explanation:its the mosr resonable
How the concept of ‘price elasticity of demand’ is of relevance to managers in determining their pricing strategies.
Answer:
Price elasticity of demand is a term that is used to describe the relationship between price and demand, and how changes in one will affect the other. Consumer demand for all products will respond differently to price changes, and this is true for all products. As a result, understanding those distinctions is critical when making critical pricing decisions.
I hope this helps you
:)
The variations in demand for a product with respect to its corresponding price can be described by the price elasticity of demand. It is of great importance to the managers in this concept that demand and price behave differently.
What are market factors?Market factors are the factors that affect an economy of a country. They can be the fluctuations in the demand and supply of a product.
Price elasticity of demand is the economics concept that depicts the behavior of demand with respect to its price. As the demand and price respond differently, means, that if the price of a product increases, then the demand goes to fall down whereas if the price of a product falls down, then the demand increases. This variation has to be analyzed by the managers before making any pricing strategy.
Therefore, studying the concept of price elasticity of demand by managers is of essential importance.
Learn more about the price elasticity of demand in the related link:
https://brainly.com/question/15313354
#SPJ2
1. What is the required reserve ratio? (1 point)
Othe deposits that commercial companies make in banks
O the amount of money a bank has to loan out
O the portion of a deposit that a bank must keep on hand
Othe ratio of commercial to personal loans that a bank makes
Answer: C. the portion of a deposit that a bank must keep on hand
Explanation:
Question 1
Which of these is a main feature of the market economy?
A. Restricted resource use
B. The profit motive
C. Governmental regulation
D. Lack of private ownership of resources
Answer:
B
Explanation:
Describe and evaluate the elements of the carrying cost of inventory and how it relates to inventory levels and capital investment. How does ABC inventory stratification affect the carrying cost equation
1. The elements of the carrying cost of inventory include the following:
Capital costInventory service costInventory risk costStorage space cost.2. The relationship between the carrying cost of inventory and the inventory levels and capital investment is shown by the Economic Order Quantity (EOQ) Model.
The EOQ model defines that there will be an increased carrying cost of inventory when the inventory order is above the EOQ level, which also results in increased capital investment for the purchase of inventory that is kept in stock for a long period.
Thus, the carrying cost of inventory and the inventory levels and capital investment have a linear relationship. When one element increases, the other two elements will also increase.
3. ABC Inventory stratification helps management to reduce the carrying cost equation since it divides the inventory into many classifications to ensure the matching of inventory levels based on their annual requirements or demand.
What is inventory?Inventory refers to the stock of goods that a company holds at the end of the trading period because it has remained unsold to outside parties.
Inventory is one of the current assets used in determining the current ratio.
Learn more about inventory carrying costs at https://brainly.com/question/16395657
Which of the following prints money to
be used in the U.S. market?
A. Member Banks
B. Federal Reserve Banks
C. Federal Open Market Committee
D. National Bank
Answer: The answer is C
Answer:
C. Federal Open Market Committee
If profits are negative in a monopolistically competitive market, then: the industry will stop production. new firms will enter the market until economic profits are zero. firms will exit the market until economic profit returns to the optimal positive level. firms will exit the market until economic profit returns to zero
Profits are negative in a monopolistically competitive market, the new firms will enter the market until economic profits are zero.
What is competitive market?Competitive market is a market that involves many sellers and producer that are competing with one another.
They compete to provide goods and services
Therefore, profits are negative in a monopolistically competitive market new firms will enter the market until economic profits are zero.
Learn more on competitive market here,
https://brainly.com/question/25717627
Which statement below accurately describes Hope’s gross wages?
_____ requires that employees actually learn the content of the training program and that the necessary conditions are in place for employees to apply what they learned.
The requirement that employees actually learn what they are trained on and can apply that training is known as Transfer of training.
What is transfer of training?This is a factor in human resource management that calls for employees to be able to transfer what they learnt in training, to their actual jobs.
For this to happen, the employees need to actually learn the content of training programs as well as operate in conditions that are necessary for them to apply what they learned.
Find out more on training at https://brainly.com/question/26821802.
Geer Corporation has had the following returns for the past three years, 10%, -9%, and 14%. Calculate its compound annual returns.
The compound annual returns rate for Geer Corporation with the past three years' returns of 10%, -9%, and 14% is 4.5%.
What is the compound annual return?The compound annual return of an investment is the annualized rate of return that considers the compound effect of the investment for each year.
The compound annual returns rate can be computed using an online finance calculator as below.
The computed rate can be applied to an imaginary investment amount to prove the mathematics as below.
Data and Calculations:N (# of periods) = 3 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = $1,000
PMT (Periodic Payment) = $0
Results:
FV = $1,141
Total Interest $141
Maths:
Year 1: $1,000 x 4.5% = $1,045
Year 2: $1,045 x 4.5% = $1,092
Year 3: $1,092 x 4.5% = $1,141
Proof:
Year 1: $1,000 x 10% = $1,100
Year 2: $1,100 x -9% = $1,001
Year 3: $1,001 x 14% = $1,141
Thus, the compound annual returns rate for Geer Corporation with the past three years' returns of 10%, -9%, and 14% is 4.5%.
Learn more about the compound annual returns at https://brainly.com/question/15326227
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.75 coming 3 years from today. The dividend should grow rapidly - at a rate of 49% per year - during Years 4 and 5, but after Year 5, growth should be a constant 10% per year. If the required return on Computech is 18%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent.
If the required return on Computech is 18% the value of the stock in today's calculation is $11.77
What is the growth rate of a stock?
This is the percentage change of the stock based on the annualized growth rate over a period of time.
D3 = $0.75
D4 = 0.75 x 1.49 = $1.1175
D5 = 1.1175 x 1.49 = $1.665075
D6 = $1.665075 x 1.10 = $1.8315825
At a growth rate of 10 percent
[tex]\frac{D6}{R-G}[/tex]
1.8315825/0.18-0.10
= $[tex]\frac{0.75}{1.18^3} +\frac{1.1175}{1.18^4} +\frac{1.665075}{1.18^5} +\frac{22.89478125}{1.18^5} \\[/tex]
= 0.456473 + 0.576394 + 0.7278196 + 10.0075198
= $11.77
The value of this stock today is $11.77
Read more on stocks here: https://brainly.com/question/25818989
A popular, local coffeeshop in one of the suburbs of New York City (NYC) estimates they use 3,500 pounds of coffee annually. They have to determine how many pounds to order each time in order to minimize their total annual cost. a. Determine the optimal size of the order assuming an EOQ model with a holding cost of $10 per pound annually and an ordering cost of $100. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. The owner has recently opened another store of the same size in New York City; however, the demand for coffee is increased to 4,000 pounds annually, and the holding cost is $60 per pound. Those numbers are much higher as is the cost of real estate in NYC. The owner places orders of the same size as the first store because they are the same size stores. How much will the total cost be in the new coffeeshop
a) The determination of the optimal size of the order assuming an EOQ model for the local coffee shop is 265 pounds.
b) The total cost in the new coffee shop where the demand for coffee increased to 4,000 pounds at an order size of 265 pounds per order (assuming a unit cost of $3 per pound) is $253,500.
What is the EOQ Model?The economic order quantity (EOQ) model calculates the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.
It is determined using the following model:
EOQ = square root of: 2 (ordering costs)(demand rate) / holding costs.
Thus, the EOQ model can be worked out as follows:
Determine the demand units.Determine the ordering cost.Determine the holding cost.Multiply the demand by 2.Then multiply the result by the order cost.Divide the result by the holding cost.Data and Calculations:a) The annual demand for coffee = 3,500 pounds
Holding cost per pound = $10
Ordering cost = $100
EOQ = square root of: 2 ($100 x 3,500) / $10
= 265 pounds
The annual demand for coffee = 4,000 pounds
Holding cost per pound = $60
Ordering cost = $100
EOQ (Order size) = 265 pounds
Assumed unit cost per pound = $3
The total cost in the new coffee shop = $
Annual holding cost = $240,000 ($60 x 4,000)
Annual ordering cost = $1,500 ($100 x 4,000/265)
Annual purchase cost = $12,000 (4,000 x $3)
Total costs = $253,500
Learn more about the economic order quantity at https://brainly.com/question/14625177
Growland is a country that trades only with Canada. Last year, the value of exports from Growland to Canada was $200 million. Growland also
imported $600 million worth of goods from Canada. Based on this information, which of these statements is true?
Answer:
growling imports 400million good in trade than Canada
Dividends
Question 3 Attached
What is the final answer
Answer:
renewable resources = resources that can be replenished
nonrenewable resources = resources that are gone once they are used
producer = person who makes goods or provides services
consumer = person whose wants are satisfied by using goods and services
allocate = distribute
choice = option
What was the problem that created bank runs?
The problem that created bank runs was fear of a bank's unfolding insolvency, which may or may not be legitimate, and it usually deepens the banking crisis.
What are the causes of bank runs?Bank runs occur when many depositors withdraw their deposits in droves from their banks based on some fear the banks could experience liquidity problems.
This implies that a bank run is a result of panic and not insolvency resulting from illiquidity.
For example, the stock market crash of 1929, when thousands of bank customers withdrew their deposits, leaving the banks with no cash. The effects were that loans went bad and farmers became illiquid and unable to operate.
Thus, the problem that created bank runs was fear of a bank's unfolding insolvency, which may or may not be legitimate, and it usually deepens the banking crisis.
Learn more about bank runs at https://brainly.com/question/25664180 and https://brainly.com/question/8969141
Simplify by combining like terms. (a) 6x+8x
Answer:
14x
Explanation:
6+8=14
6x+8x=14x
A. Al Manara Company sells its single product for $ 30 per unit . The contribution margin ratio is 45%; and fixed costs are $ 10,000 per month. Required If Al Manara sells 1,000 units in the current month, what would Al Manara’s variable expenses be?
Answer:
Al Manara Company sells its single product for $ 30 per unit. The contribution margin ratio is 45%; and fixed costs are $ 10,000 per month Required If Al
Explanation:
1
Which tax is levied only by state and local governments?
O A. payroll tax
O B.
excise tax
O C. property tax
OD.
income tax
Answer: C. Property Tax
Explanation:
Basically state and local govement coolect tax from income, property tax, and sales.
Annual Dividends
Question 4 Attached
Answer:
no it's was not because we don't add
An article in the Economist observed that "people of all ages would gain from policies that boosted growth and productivity."
Source: "Slower Growth in Ageing Economies Is Not Inevitable," Economist, March 28, 2019.
a. What do people gain when the economy experiences growth and improved productivity?
O A. Real wages increase when workers produce more output per hour.
O B. In general, increased productivity and economic growth are the key to rising living standards.
C. Workers receive higher real wages that allow them to buy more of the goods and services that firms produce.
D. Only A and B are correct.
O E. All of the above are correct.
b. Does increasing productivity automatically increase growth? Briefly explain.
O A. No, accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.
B. No, this assumption only holds true for high-income countries like the United States.
C. Yes, increasing productivity should automatically increase growth as measured by nominal GDP.
A. When the economy experiences growth and improved productivity, E. All of the above are correct.
b. accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.
What is economic growth?
This is a growth that exists in an economy due to the fact that there is an increase in the number of goods and services that are produced in the economy.
The growth is measured with comparison between two different periods of time.
Read more on economic growth here: https://brainly.com/question/1690575
Is Starbucks bucking the trend of other food-service stores?
Rachael works in a matrix organization, and although she found it confusing at first, she has seen the inherent opportunities. Instead of being promoted from biology head to research head, Rachael prefers a project career, with opportunities to serve in increasingly responsible and diverse project manager/project director positions. Fortunately, one of the strengths of a matrix organization is
The strengths of a matrix organization is more career choices on both sides of the organization.
What is a Matrix organization?This involves individuals reporting to more than one leader and the line of communication is usually unlimited and doesn't adhere to a singular line of command.
The roles are usually interchanged which is why she will benefit from the more career choices on both sides of the organization.
Read more about Matrix organization here https://brainly.com/question/7437866
Economic significance of the stages of production
What kind of bonds are issued by businesses as a source of long-term funding?
Corporate bonds are issued by companies.
general obligation bondsrevenue bondsconduit bondsExplanation
Corporate bonds are debt securities issued by private and public corporations.
Using the Base Case, calculate the annual sales growth for 2020E using a weighted-moving average of the past three years' growth rates, with the most recent year given a weight of 3, the next given a weight of 2 and the oldest given a weight of 1. What is the growth rate
The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, etc.
What is growth rate?Your information is incomplete as the figures or data aren't given. Therefore, an overview will be given. It should be noted that a growth rate simply means the percentage change of a variable within a period of time.
The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, retail sales, GDP etc.
To calculated the growth rate, subtract past value from current value and divide that number by the past value.
Learn more about growth rate on:
https://brainly.com/question/5045097
Answer:
Explanation:
7.6%
The Chief Strategy Officer for Miles Corporation is putting together a presentation using the Boston Consulting Group Matrix. The corporations pet products division has a low market share, but the pet products market is growing rapidly. This division should be placed in the _____________ quadrant of the BCG Matrix.
Cash cow
kitten
star
question mark
dog
The quadrant that the division on pet products should be placed on the BCG Matrix is the Question Mark.
What is the Question Mark quadrant?Companies and divisions that are put in the question mark quadrant of the BCG matrix are in markets that have a high rate of growth.
This hight rate of growth is however countered by the low market share that the division or company has much like the pet products division described above.
Find out more on the BCG matrix at https://brainly.com/question/10873122.
They went for a bicycle ride (affirmative)
Answer:
???
Explanation:
I couldn't give you an answer. you didn't ask an actual question
Hi I need help please!!
A the answer bro or girl ok
Answer:
is the top or bottom question should answer?