a. Situational needs
b. Functional needs
c. Social needs
d. Psychological needs
e. Knowledge needs
Answer:
b. Psychological needs
Explanation:
-Situational needs are the ones that are related to the customer's environment, place and time.
-Functional needs are the basic ones people need to be able to live.
-Social needs refer to the need people have to relate to the others.
-Psychological needs refer to things pople need for their well-being and being able to function properly.
-Knowledge needs refers to the ones related to learning new things.
According to this, the need the buyer is expressing is a psychological need because your prospect says that they are interested in the product because it is the one best suited for a particular task. The prospect could be able to buy a similar product from someone else but as they consider this as the best one, buying it will make them feel good.
<span>The debate about health-care reform, on both the Left and the Right, revolves almost entirely around changing the way we pay for health care. Progressives advocate government-run, single-payer monopsonies, whereas conservatives advocate consumer choice among private insurers.</span>
Answer:
The answer given below;
Explanation:
Inventory Dr.$8,600
Accounts Payable Cr.$8,600
The cost of shipping $100 will be paid by the seller as FOB is F.O.B destination.Therefore no entry in books of purchaser is made for shipping cost.
Answer:
This will:
C. expire on December 31st of the current year
Explanation:
A Registered Investment Adviser (RIA) can be an individual or company that provides investment advice portfolio management services for individuals who have a high net worth. A RIA has an obligation to it's client to offer advice and management in the client's best financial interest. One of the requirement of an RIA is to be registered by the Securities Exchange Commission or the state securities administrators. RIAs are usually paid based on the value of the assets they manage on behalf of their clients, usually 1% of the total value of the assets. RIAs usually operate on a fiduciary capacity. This means that they are held at a higher regard than registered representatives which means that their conduct towards the client's interest should be impeccable even if their own interest is at stake.
When an annual registration is made, it is valid only until December 31st of that particular year. Registrations and notice filings can be made by an agent, investment adviser or even and investment adviser representative. However, if a registered investment adviser renews their annual fee, the expiry date is carried forward to the following year.
Answer: 13.26%
Explanation:
Year 0 Investment = $385,000
Incremental Cash flow every year = Cashflow if owned - Cashflow if leased
= 164,000 - 133,000
= $31,500
Incremental cashflow in Year 10 = Incremental Cashflow + Cashflow from sale of property
= 31,500 + 750,000
= $781,500
Using Excel and the IRR function, the rate is = 13.26%
