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Debora [2.8K]
2 years ago
11

When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in ____ wh

en deciding whether or not to purchase this new product. Group of answer choices situational decision making automatic processing behavior limited decision making
Business
1 answer:
lbvjy [14]2 years ago
7 0

When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in "limited decision making" when deciding whether or not to purchase this new product.

<h3>What is limited decision making?</h3>

When buying things that need a reasonable amount of time and effort to compare models and brands before making a decision, consumers use limited decision-making.

Some features of limited decision making are-

  • When you require knowledge on an unexpected brand inside a well-known product area, perhaps. takes some time to obtain the necessary information.
  • Examples include clothing, when the brand is unknown but the product class is known.

The three categories of decisions-making are-

  • Organisational direction is determined by strategic decisions.
  • Decisions made at the tactical level affect how tasks will be completed.
  • Last but not least, operational decisions are those that staff members take on a daily basis to manage the company.

To know more about use of limited decision making while purchasing, here

brainly.com/question/14366090

#SPJ4

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Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $300,000 for extrac
melomori [17]

Answer:

The cost of depletion in the current year is $90,000

Explanation:

Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted

cost of rights is $300,000

turquoise extracted in the current year is 1,500 pounds

total estimated turquoise to be extracted over a five-year period is 5000 pounds

cost of depletion in the current year=$300,000*1500/5000

                                                           =$ 90,000.00  

By extension profit for the year assuming no other costs were incurred is :

$200,000-$90,000=$110,000

4 0
3 years ago
Elise is the manager in the finance department for a company that competes in a service industry. If her company is like most co
nata0808 [166]

Answer:

This statement is False

Explanation:

One of the characteristics of the modern day service industry is Division of Labor. Thus, Elise would not leave almost all aspects of human resources functions to specialists. This is the decision of a human resources manager and not Elise who is the finance manager. The jurisdiction of her duty and reporting line does not allow such to happen.

4 0
3 years ago
Prepare a classified year-end balance sheet, (Note: A $9,000 installment on the long-term note payable is due within one year.)
Katarina [22]

Answer:

<u>Blessinger Co.</u>

<u>Classified Balance Sheet as at December 31, 2017</u>

ASSETS

<u>Non- Current Assets</u>

Office equipment                                                 $38,000

Accumulated depreciation-Equipment               ($3,200)       $34,800

Building                                                                $288,000

Accumulated depreciation-Building                   ($42,000)     $246,000

Land                                                                                            $700,000

Total Non Current Assets                                                          $980,800

<u>Current Assets</u>

Accounts receivable                                                                    $27,000

Prepaid Prepaid                                                                            $15,000

Insurance $9,000

Office supplies $3,300

Cash                                                                                             $112,000

Total Current Assets                                                                  $166,300

TOTAL ASSETS                                                                         $1,157,100

EQUITY AND LIABILITIES

LIABILITIES

<u>Current Liabilities</u>

Accounts payable                                          $25,800

Salaries payable                                                     $14,500

Interest payable $2,500

Note Payable                                                                                $9,000

Total Current Liabilities                                                               $51,800

<u>Non-Current Liabilities</u>

Long-term note payable ($72,000 - $9,000)                           $63,000

Total Non- Current Liabilities                                                    $63,000

TOTAL LIABILITIES                                                                    $114,800

EQUITY

P.Blessinger, Capital $910,000

P. Blessinger, Withdrawals ($200,500)

Profit for the Year                                                                     $332,800

TOTAL EQUITY                                                                       $1,042,300

TOTAL EQUITY AND LIABILITIES                                           $1,157,100

Explanation:

A Balance Sheet shows the Balance of Assets, Liabilities and Equity as at the Reporting date.

<u>Calculation of Profit for the year :</u>

                                                                         $                    $

Service fees earned                                                       430,800

<em>Less Expenses</em>

Salaries expense                                       90,000

Insurance expense                                      5,200

Rent expense                                               5,000

Depreciation expense-Equipment                800

Depreciation expense-Building                  7,000       (108,000)

Profit for the year                                                           332,800

7 0
3 years ago
How,in practice,is cost-benefit analysis of public goods,such as city-funded fireworks displays,usually carried out?
V125BC [204]

Answer:

C) through public elections of local officials

Explanation:

The Cost–benefit analysis is also sometimes known as the benefit–cost analysis. It is the systematic approach in estimating the weaknesses and the strengths of the alternatives that is used to determine the options which provides the best method or approach to achieve the benefits while preserving a savings.

It is used to maximize the social welfare. It is for the optimal quantity of any public good. The cost benefit analysis of the public goods like the firework displays should be carried out by a public election of the local officials.

3 0
3 years ago
Which of these types of reservations do hotels prefer?
Vitek1552 [10]

The answer is <u>C) Advance deposits</u>. I believe.

5 0
3 years ago
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