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Cloud [144]
2 years ago
8

Buying goods and services not for their intrinsic value but for the purpose of impressing others is called?

Business
1 answer:
Hunter-Best [27]2 years ago
3 0

Buying goods and services not for their intrinsic value but for the purpose of impressing others is called Conspicuous consumption.

What is Conspicuous consumption?

Conspicuous consumption is the act of acquiring things or services specifically with the intention of flaunting one's wealth. When publicly displayed products and services are too expensive for other people in a person's class, conspicuous consumption is a way to demonstrate one's social position. Although it is frequently associated with the wealthy, this type of consumerism can occur in any income class.

Conspicuous consumption is characterized by buying products that are solely intended to serve as symbols of wealth, such as apparel with luxury brand labels, cutting-edge equipment and toys, and automobiles.

To know more about Conspicuous consumption refer:

brainly.com/question/7456315

#SPJ4

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Answer:

a) True

Explanation:

Electronic bill payment and presentment (EBPP) can be regarded as process that is been utilized by

companies in collection of payments electronically by utilization of systems such as Automated Teller Machines (ATMs) as well as Internet and direct-dial access. This has turned to a core component of online banking as regards to some financial institutions today, some industries such as telecommunications and insurance providers make use of it.

Electronic invoicing and presentment payment (EIPP) can be regarded as process involving sending of electronic invoice to customers using the internet, as well as the ability of customers to be able to pay that invoice online also. It give a solution that brings about increased productivity, as well as given room for business owner to spend more time in developing their business as well as relationships with their customers.

It should be noted that the The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and payment (EBPP) system for the B2C environment.

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All the members of the sales team at Arkema are new hires. The team members need to work together to ensure that clients' requir
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Answer:

In a situation in which All the members of the sales team at Arkema are new hires. The team members need to work together to ensure that clients' requirements are fulfilled, and weekly targets set by the company are adequately met. However, the team members are often involved in minor arguments and find it difficult to work with each other.

The stages of team deelopment that would allow the members of the team to resolve the differences among its members is:  A) The norming stage

Explanation:

The norming stage of group development is the level in which the group finds its identity, its characteristics, establishes its codes and conducts expected for members, and also build a synergy that will make them work towards the same goal while finding the benefits of working together as the contribution each one can provide to the group. Thus, the team will find the answer to its problems here. Because they have to find their codes of conduct.

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