All categories

2 years ago

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

1 answer:

6 0

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

brainly.com/question/26517026

You might be interested in

cost formula is expressed as follows: Y = $17PH + $760,000 where PH is defined as process hours. What budgeted dollar amount wou

VMariaS [17]

Answer:

B. $ 1,984,000 $ 2,112,000

Explanation:

Static budget is a budget that has been prepared for a standard level of output with no tendency to vary irrespective of the level of output.

Therefore, the figure that will appear in static budget is as follows:

Y = $16PH + $640,000 where PH is defined as process hours

PH = 84,000 (Budgeted output)

Y = $16(84,000) + $640,000

Y = $1,344,000 + $640,000

Y = $1,984,000

That is the figure that will appear in the static budget is $1,984,000

Flexible budget is a budget designed to vary with the level of actual activity.

Therefore the figure that will appear in the flexible budget is as follows:

Y = $16PH + $640,000 where PH is defined as process hours

PH = 92,000 (Budgeted output)

Y = $16(92,000) + $640,000

Y = $1,472,000 + $640,000

Y = $2,112,000

That is the figure that will appear in the flexible budget is $2,112,000

8 0

3 years ago

Which is the best answer choice for the question? To be deductible as the cost of special work clothing or uniforms: a. The clot

larisa [96]

Answer:

a. The clothing must not be suitable for everyday use and must be required as a condition of the job.

Explanation:

For the cost of special work clothes or uniforms to be deductible by the IRS, there must be a number of requirements, it is necessary that work clothes are required as a working condition and that the clothes are used only in the work environment, and not for the employee's personal use.

It is also necessary that the uniforms guarantee the conditions in accordance with the function performed, adding protection instruments when necessary for the health and safety of the employee, in addition, the costs with work clothes can be deductible when they present company logos by example, attesting that such clothing is not for personal use outside the workplace.

4 0

3 years ago

Suppose two economists are debating a tax reform bill. Both economists agree that the bill would increase the after-tax income o

valentina_108 [34]

Answer:

d) Differences in values.

4 0

3 years ago

Natalia's role with her new team was to produce periodic reports on the team's progress. Her reports were not in the preferred f

Ede4ka [16]

The most likely cause of Natalia's poor performance is the lack of feedback

<h3>What is lack of feedback in communication?</h3>

In communication, the lack of feedback means the situation whereby a sender fails to get an acknowledgement that his/her message was sent.

Therefore, in conclusion, the most likely cause of Natalia's poor performance is the lack of feedback.

Read more about feedback

<em>brainly.com/question/1211593</em>

6 0

2 years ago

A T-bill that is 290 days from maturity is selling for $96,040. The T-bill has a face value of $100,000.

umka2103 [35]

Answer: a 0.049, 0.05 and 0.05 or 5%

b 0.039, 0.041 and 0.041 or 4%

Explanation:

Ai discounted yield = [(Face value - purchase price)/Face value] * 360/ maturity

Discount yield =:[(100000 - 96040)/100000] * 360/290

= 0.0396* 1.24

= 0.049

ii. Bond equivalent yield (BEY) = [(Face value - purchase price)/purchase value] * 365/M

BEY= [(100000 - 96040)/96040] * 365/290

BEY = 0.05

iii EAR = [(1+BEY/n)exp n - 1)

EAR = [(1 + 0.05/(365/290)) exp (360/290) - 1]

EAR = [(1 + 0.05/1.26) exp (1.26) - 1

EAR = (1.04) exp (1.26) - 1

EAR = 0.05 or 5%

The same formula are applied for the B part

Discount yield = [(100000-96040)/100000] * 360/365

Discount yield = 0.0396 * 0.986

= 0.039

B ii. BEY = [(100000 - 96040)/96040] * 365/365

BEY = 0.041 × 1

BEY = 0.041

B iii. EAR = [(1 + 0.041/(365/365))exp (365/365) - 1

EAR = (1 + 0.41) - 1

EAR = 0.041 or 4%

4 0

3 years ago