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1 year ago

determining what items or products you need is the first step in purchasing. this is called a purchasing .

Business

1 answer:

Serga [27]1 year ago

3 0

Identification of the need is the first step for purchasing process.

<h3>Is a buying situation in which the customer purchases a product or service for the first time?</h3>

Modified rebuy: A business shopping for scenario in which the buyer needs to alter product specifications, prices, terms, or suppliers. New task: A enterprise shopping for situation in which the consumer purchases a product or carrier for the first time.

<h3>What are the 3 buying process?</h3>

It is the journey or shopping for manner that customers go through to grow to be conscious of, evaluate, and buy a new product or service, and it consists of three degrees that make up the inbound advertising framework: awareness, consideration, and decision.

Learn more about purchasing process here:

<h3>brainly.com/question/1489991</h3><h3>#SPJ4</h3>

You might be interested in

In three to four sentences, explain the effect of competition on the price of goods and services and whether or not this is a go

Nat2105 [25]

Competition will eventually make the price of goods and services to equilibrium price.

Competition will make the sellers lower the price so they can attract consumers, which will be very beneficial for the consumers

hope this helps

8 0

4 years ago

What differences and similarities exist between monopolistic competitive firms and perfect competitive firms?

astraxan [27]

Answer:

In perfect competition, the product offered is standardized whereas in monopolistic competition product differentiation is there. In monopolistic competition, every firm offers products at its own price. ... Entry and Exit are comparatively easy in perfect competition than in monopolistic competition.

Explanation:

(hope this helps)

4 0

3 years ago

An investor purchases a stock with a beta of 1.25. Over the course of the previous year, the market had returns of 6%, while the

Rama09 [41]

Answer:

2.5%

Explanation:

Calculation for what is the alpha of the stock

Using this formula

Alpha of the stock= Realized Return - (Market Return *Beta)

Let plug in the formula

Alpha of the stock= 10% - (6% * 1.25)

Alpha of the stock= 0.10 - (0.06 * 1.25)

Alpha of the stock= 0.10 - 0.075

Alpha of the stock= 0.025 *100

Alpha of the stock=2.5%

Therefore the alpha of the stock will be 2.5%

3 0

3 years ago

In response to complaints about high prices, a grocery chain runs the following advertising campaign: "If you pay your child $1.

vivado [14]

Answer:

a. Profit margin of store = 1.5%

a. Profit margin of child is $3 because store is making 1.5% profit margin.

b.Return on equity ( store) = 9%

Explanation:

As we know that: Profit margin= (Operating income / Revenue ) * 100

= 10.2 / 680 * 100

= 1.5% ( Store)

Profit margin (child) =

ROE=?

Accounting equation: Assets = liabilities + equity

380- 270 = Equity

Equity = $110 (million)

As we know that: Return on equity = Net income / Shareholder equity

= 10.2 / 110

= .09 or 9%

8 0

3 years ago

A ____________ perspective theorist might find it particularly noteworthy that wealthy corporations improve the quality of life

OLga [1]

Answer: Functional

Explanation:

Functional perspective is one of the important theoretical perspective in the sociology concept is that it is used as the communication purpose for solving various types of issues and problems in the society and also helps in the decision making process.

This concept mainly focus on the social structure in the society. The main concept of the functional perspective is that it helps in improve the infrastructure of the transportation and also quality of the local economy.

Therefore, Functional perspective is the correct answer.

5 0

3 years ago