1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astra-53 [7]
2 years ago
10

When mark buys groceries he prefers certain products simply because the products have a familiar brand name. his preference best

illustrates the importance of:_______
Business
1 answer:
katen-ka-za [31]2 years ago
5 0

When mark buys groceries he prefers certain products simply because the products have a familiar brand name. his preference best illustrates the importance of the mere exposure effect.

One must examine the effects it has to define the mere exposure effect. When you hear music on the radio for the first time and despise it, that is an example of the simple exposure effect. However, after hearing it enough times, you start to like it. You start to think you like the song despite your initial dislike because you start to become more conscious of the tune, lyrics, etc. You might end up liking the song even more in the long run than you did at first.

Simply because you are familiar with something, you tend to like it more, which is the psychological definition of the mere exposure effect, also known as the familiarity principle. This effect can affect how you feel about people, things, songs, TV shows, and pretty much anything else you might encounter repeatedly. The mere exposure effect, which is defined as people liking something more because they are familiar with it rather than for any other compelling reason, is a crucial component.

Learn more about brand name here brainly.com/question/17213306

#SPJ4

You might be interested in
Setrakian Industries needs to raise $83.3 million to fund a new project. The company will sell bonds that have a coupon rate of
SOVA2 [1]

Answer:

The question is missing the options, which can be found in the attached.

The number of bonds necessary to raise the funds is 46,009

Explanation:

First of all, I calculated the price at which would be issued using the pv formula in excel, which =pv(rate,nper,pmt,fv)

rate is the yield to maturity divided by 2 because it is semi-annual payment

nper is 30 years multiplied by 2

pmt is the semi-annual coupon payment

fv is the $2000 payable on maturity

Find attached.

Download xlsx
7 0
3 years ago
Gerald believes that most of his subordinates dislike work and would avoid it if possible. he also believes that his employees h
liq [111]
<span>This particular style of management would be Autocratic in nature. In this management style, the style of the manager and his or her opinion is the one revered, and the only one that is honored. It does't matter how talented the subordinates are, they will do that manager's will, or face consequences. High turnover of good talent is high in this type of management style.</span>
7 0
3 years ago
eff, the owner of The Toy Box (a toy store), has chosen his products carefully. They are all handmade of wood; none are cheap ga
Ivan

Available options are:

a) defensive strategy.

b) blue ocean strategy.

c) diversified portfolio.

d) vertical integration.

e) strategic positioning.

Answer:

Option E Strategic Positioning

Explanation:

Though it seems that the company has investment in a specific niche market segment but this doesn't mean that the blue ocean strategy is followed by the company because it is not given that the competitors can whether or not manufacture such products based on their capabilities.

Furthermore, the investment is in the same industry so the investment is not diversified investment.

It is also worth noting that the company has no ambition of moving to acquire the capabilities of customers or suppliers so it is not part of vertical integration.

The company has not opted to defensive strategy otherwise it would had tried to increase its marketing budget and save costs on manufacturing and other operations.

The strategic positioning follows three principles. The first principle is that the company tries to increase the value for the shareholders by positioning the business in a specific segment which the The Toy Box Inc did by manufacturing products from expensive to low priced products. The second principle is trading-off the competition gains and losses which Toy Box Inc tried to do by offering inexpensive products as well. The third principle is finding the fit among operations of the business which Toy Box Inc did successfully by integrating marketing department with other departments. The result of integration was that the company increased its sales by offering 10% discounts on its products.

4 0
3 years ago
12. The interest tax shield is a key reason why: A. the required rate of return on assets rises when debt is added to the capita
MAXImum [283]

Answer:

C. the net cost of debt to a firm is generally less than the cost of equity.

Explanation:

7 0
3 years ago
Which of the following is likely to have the most price elastic demand? Group of answer choices All three would have the same el
SashulF [63]

Answer:

Tommy Hilfiger jeans

Explanation:

The price elasticity of demand measures quantity demanded as a result of a change in price.

The smaller the price elasticity of demand, the steeper the demand curve will be through a given point.

Tommy Hilfiger jeans are likely to have the most price elastic demand as it is very expensive so the rise in its price would affect its demand.

3 0
3 years ago
Other questions:
  • The markup on a TV should be 58% based on selling price. If the seller paid $252 for one, then how much should it be sold for (i
    12·1 answer
  • A toothpaste manufacturer that bands two products together, selling two for the price of one, is using which type of consumer pr
    6·1 answer
  • How many free credit reports are you legally entitled to each year
    6·1 answer
  • Suppose that two Japanese companies, Hitachi and Toshiba, are the sole producers (i.e., duopolists) of a microprocessor chip use
    5·1 answer
  • The northern vision of the Reconstruction-era southern economy included all of the following EXCEPT:
    5·1 answer
  • Jane and Walt form Yellow Corporation. Jane transfers equipment worth $950,000 (basis of $200,000) and cash of $50,000 to Yellow
    6·1 answer
  • True or false: Accumulated Depreciation is a contra-account to a long-lived asset account, such as Equipment. This means that it
    15·1 answer
  • Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year
    15·1 answer
  • The__________is based on a set of cause-and-effect linkages between internal and external performance, and in this fashion, defi
    15·1 answer
  • The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!