Answer:
D. standardized marketing
Explanation:
The mass marketing at the center of the undifferentiated approach to target marketing is the assumption that the customer segments across the world will accept the same product regardless of their cultural, behavioral, or socio-economic differences. This is also known as standardized marketing.
Standardized marketing can be definition as the use of global standardization, which refers to when a company uses the same marketing strategy for various countries without minding their difference in culture.
Answer:
Using the weighted-average method, the equivalent units of production with regard to direct labor were 132,500
Explanation:
Units % of Completion EQUP
Completed 110,000 100 110,000
Ending Work in
Process
<u> Inventory 45,000 50% 22,500</u>
145,000 132,500
Using the weighted-average method, the equivalent units of production with regard to direct labor were 132,500
This is the key feature of weighted average method. The number of equivalent units is calculated without making a distinction as to whether the activity occurred in the current accounting period or preceeding period.
Answer:
B. reached when each player choose the best strategy for himself and for the group.
Explanation:
Nash equilibrium -
It is the type of method for a game , where there is no incentives or perks involved in the game , so that the people do not divert from the main focus, is referred to as nash equilibrium.
This type of game is a type of fair competition , so that each and every person can show their actual potential , without being bias.
Hence , from the given statements the correct statement for nash equilibrium is b.
Answer:
True
Explanation:
Consumer behavior is the study of the factors that influence customer's actions in the market place. Consumer's behavior seeks to understand why customers select, purchase, dispose, or consume a particular good or service to satisfy their needs and wants. It analyses the consumer processes in decision making.
Consumer behavior applies concepts from other disciplines such as psychology, economics, biology, and chemistry. Marketers use consumer behavior to understand the buying patterns of customers. The information helps businesses to identify gaps in the market and develops products to fill those gaps.
Answer:
(196.97,187.03)
Explanation:
Formula for Confidence interval is : avg repair bill (a) ± (Z×SD)÷√(sample size)
average repair bill (a) = $192
Z at 98% confidence level = 2.326
Sample Size = 14
Standard Deviation (SD) = $8
Confidence Interval = 192 ± 2.326*8÷√(14) = {(192 + 4.97),(192 - 4.97)} = {196.97,187.03}