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Zepler [3.9K]
4 years ago
6

In the eyes of contemporary consumer behavior researchers, "Consumption" refers to a process in which consumers use up the value

s of products, services, ideas, or experiences.
True / False.
Business
1 answer:
11111nata11111 [884]4 years ago
7 0

Answer:

True

Explanation:

According to contemporary consumer behavior researchers, buying decisions are based on sentiments, experiences, and perceived values of product or services.

You might be interested in
Which of the following is not a type of qualitative forecasting?
Svetradugi [14.3K]

The following that is not a type of qualitative forecasting is<u> </u><u>Moving Averages</u>

Qualitative forecasting has to do with the use of feedback and other research data to make a prediction about how the finances of a company is likely to change in a period of time.

This qualitative research is done by making analysis of the amount of money gotten in the past by the company to estimate future financial operations.

There are four types of qualitative forecasting such as:

  • Executive Opinions
  • Consumer Surveys.
  • Delphi Method
  • Sales Force Polling

Therefore, the correct answer is Moving Averages.

Read more here:

brainly.com/question/8201684

7 0
3 years ago
A typical way in which a common-size income statement is constructed is by dividing all expense items in an income statement by
Ad libitum [116K]

Answer:

False

Explanation:

A common size income statement is an income statement expressed in percentages. Each line item is expressed as a percentage of total revenue or total sales, not as a percentage of net income.

A common size income statement is used to analyze the relative weight of the company's accounts, e.g. gross margins, net margins, manufacturing expenses relative to total sales, etc.

3 0
3 years ago
For the past year, Momsen, Ltd., had sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and ad
Ivenika [448]

Answer:

Net income= $11,412.2

Explanation:

Giving the following information:

sales of $46,382

interest expense of $3,854

cost of goods sold of $16,659

selling and administrative expense of $11,766

depreciation of $6,415

t=0.35

We need to use the following formula:

Net income= (sales - COGS - selling and administrative expense - interest expense - depreciation) - tax + depreciation

First, we deduct Depreciation to decrease the tax base, but because it is not an actual payment, we have to sum it after tax.

Sales= 46,382

COGS= (16,659)

Gross profit= 29,723

Selling and administrative expense= (11,766)

Interest=(3,854)

Depreciation= (6,415)

EBT= 7,688

Tax= (7,688*0.35)= (2,690.8)

Depreciation= 6,415

Net income= $11,412.2

6 0
3 years ago
Reality, Inc. is a major producer of reality television shows. The company faces fierce competition from three other major produ
jarptica [38.1K]

Answer:

OLIGOPOLY

Explanation:

If Reality, Inc. is a major producer of reality television shows and the company faces fierce competition from three other major producers of similar shows. If together, Reality, Inc. and its three rivals control almost all of reality television. Their market environment is called Oligopoly

Oligopoly can be defined as a market environment or structure where a small number of firms control the market; none of which can keep the others from having significant market share or influence.  

It can also be said that Oligopoly is a collusion of a small number of firms, either explicitly or tacitly, to fix prices or control quantity supplied, in order to achieve above normal market returns.

6 0
4 years ago
A self-driving car designer and a luxury automobile company partner together to develop a luxury, fully autonomous vehicle. By j
stira [4]

The joining together of the self-driving car designer and a luxury automobile company can result in profit maximization.

<h3>What is profit maximization?</h3>

It should be noted that profit maximization simply means the process that's important to bring about the highest level of profit in a company.

In this case, the joining together of the self-driving car designer and a luxury automobile company can result in profit maximization and improvement in sales.

Learn more about profit maximization on:

brainly.com/question/4171648

6 0
3 years ago
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