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zalisa [80]
2 years ago
7

Which type of nominal decision is characterized by a fairly high degree of product involvement but a low degree of purchase invo

lvement
Business
1 answer:
Ann [662]2 years ago
3 0

Brand loyal decision is a type of nominal decision that is characterized by a fairly high degree of product involvement by a customer, but a low degree of purchase involvement.

<h3>What is Brand loyal decision?</h3>

A brand loyal decision can be defined as a type of nominal decision which involves a customer having a fairly high degree of involvement in the products offered by a producer (business organization) but a low level of involvement in its purchase.

This ultimately implies that, a brand loyal decision is characterized by a fairly high degree of product involvement with subsequent low degree of purchase involvement.

Read more on decision-making process here: brainly.com/question/1249089

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3 years ago
Ou have 3 credit cards: $990.34 (credit limit: $3,500.00), $2,365.78 (credit limit: $4,600.00), and $5,897.65 (credit limit: $8,
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4 years ago
William's Co. is considering spending $15,000 at Time 0 to test a new product. Depending on the test results, the firm may decid
spin [16.1K]

Answer:

$10,275.03

Explanation:

Years                                                  0            1             2           3            4  

Cash flow                                     -15000  -58000   45000  45000   45000

Successful chance result (62%)  -9300   -35960    27900   27900   27900  

Considered cash flow                 -15000  -35960    27900  27900    27900

Discount factor (14%)                        1         0.877      0.769    0.675     0.592  

Present value                         -15000  (31,543.86)  21,468.14  18,831.71 16,519.04

Net present value = -$15000 - $31,543.86 + 21,468.14  + 18,831.71 + 16,519.04

Net present value = $10,275.03

7 0
3 years ago
State chartered banks are required to become members of the federal reserve system.
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4 years ago
Summit Products, Inc. is interested in producing and selling an improved widget. Market research indicates that customers would
harkovskaia [24]

Answer:

$60

Explanation:

The computation of the target cost for the new widget is shown below:

Target selling price = $80

return on sales = 25%

Based on this

Profit per unit = 80 × 25%

= $20

Now

Target cost = Target selling price - Profit per unit

= $80 - $20

= $60

By deducting the profit per unit from the target selling price we can get the target cost and the same is applied and shown above i.e in the computation part

5 0
3 years ago
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