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3 years ago

If you intend to purchase Tata Nano, describe the stages in the purchase decision process.

1 answer:

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The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.

<h3>What is a purchase?</h3>

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 Nano
Alternatives 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

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To measure changes taking place in your financial situation, you probably need to calculate financial ______. multiple choice qu

ipn [44]

To measure changes taking place in your financial situation, you probably need to calculate financial ratios.

<h3>What is financial ratio?</h3>

A financial ratio can as well be described as the accounting ratio which is the relative magnitude of two selected numerical values that is been gotten from a enterprise's financial statements.

It encompass many standard ratios used to try to evaluate the overall financial condition , hence To measure changes taking place in your financial situation, you probably need to calculate financial ratios.

Learn more about financial ratios at:

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2 years ago

Marginal cost is calculated for a particular increase in output by A. multiplying the total cost by the change in output. B. div

Alina [70]

Answer:

B) dividing the change in total cost by the change in output

Explanation:

Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.

That is,

Marginal cost(MC)= change in total cost(TC)/ change in output

Total cost(TC): This is the addition of fixed and variable cost in production.

Total cost(TC)= fixed cost (FC)+variable cost (VC)

Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.

Variable cost (VC) are cost that changes or are used up during production process such as raw materials.

4 0

4 years ago

Read 2 more answers

Cash flows from investing activities LO P3 Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a

bekas [8.4K]

Answer:

$221,100

Explanation:

Given that,

Book value of equipment = $65,300

Sold at a loss = $14,000

Purchase of a new truck = $89,000

Sale of land = $198,000

Sale of Long term investment = $60,800

Cash flows from investing activities:

= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment

= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800

= $51,300 - $89,000 + $198,000 + $60,800

= $221,100

8 0

3 years ago

A specialized area of management involving all the activities needed to convert or transform resources into goods and services i

MA_775_DIABLO [31]

Answer:

d. operations management.

Explanation:

Operation management is multidisciplinary in nature , whose main purpose is to manage the company's resources such that they produce the highest degree of efficiency for the company. It involves controlling the processes of production, allocating resources in order to produce the final good or services. In this case the given description is of operations management.

8 0

3 years ago

Kramer and Knox began a partnership by investing $58,000 and $65,000, respectively. During its first year, the partnership earne

IRISSAK [1]

Answer and Explanation:

The computation is shown below:

1. At the time when the partner failed to share the incom and loss so it is assume that the net income i.e. $160,000 should be shared equally so for both it is $80,000 each

2. When the income is shared as per their initial investment

<u>Particulars Kramer Knox Total </u>

Investment $58,000 $65,000 $123,000

Investment ratio 47.15% 52.85%

$160,000 income share $75,440 $84,560 $160,000

3. Sharing of the income as per the defined rule

<u>Particulars Kramer Knox Total</u>

Salary allocated $56,500 $46,500 $103,000

Interest at 12% $6,960 $7,800 $14,760

Remaining balance $21,120 $21,120 $42,240

Total $84,580 $75,420 $160,000

3 0

3 years ago