All categories

3 years ago

While Natalie was at the mall, she saw a kiosk that was selling smart phone covers.

Business

1 answer:

Irina18 [472]3 years ago

7 0

Answer:

True. It is called Impulse purchase.

an impulse purchase is made when the consumer has no need for the product or service yet he or she purchase it as a result of a quick decision, usually triggered by the marketing strategies employed by the organizations.

Impulsive purchasing behaviour can have negative impacts on the consumers, including buying things they do not need and mounting unnecessary debt.

Explanation:

You might be interested in

What determines the color or a translucent object

Lady bird [3.3K]

It's somewhat see through

5 0

3 years ago

Read 2 more answers

Susan started a cake decorating business that failed. She is convinced that she lacked the necessary funds to promote her busine

Georgia [21]

Answer: Undercapitalization

Explanation:

Undercapitalization is defined as the situation where a person or entity of any kind does not have sufficient funds or capital to run their business and pay the costs it has. This type of situation usually occurs when the business is not selling the necessary amount of products or services to generate the amount of income necessary to meet all the payments it has.

When an entity or business is undercapitalization, in many cases they have had to take measures such as downsizing, fewer materials to create the product, or ultimately, if none of this works, having to close the business.

4 0

3 years ago

An individual who makes $32,000 per year anticipates retiring in 30 years. If their salary is increased by $600 each year and th

Zepler [3.9K]

Answer:

$366,287.15

Explanation:

Annual salary = $32000

No. of years (n) = 30 years

Increment in salary = $600

Deposit rate = 10%

Interest rate (r) = 7% or 0.07

Growth rate (g) = Increment in salary \div annual salary

Growth rate = $600 \ $32000

Growth rate = 0.01875

First deposit = $32000 x 10% = $3200

Future worth = [First deposit \ (r - g)] x [(1 + r)n - (1 + g)n]

Future worth = [$3200 \ (0.07 - 0.01875)] x [(1 + 0.07)30 - (1 + 0.01875)30]

Future worth = [$3200 \ 0.05125] x [(1.07)30 - (1.01875)30]

Future worth = $62439.0243902 x [7.6122550423 - 1.7459373366]

Future worth = $62439.0243902 x 5.8663177057

Future worth = $366287.15

Hence, the future worth at retirement is $366,287.15

7 0

3 years ago

The new-product process stage of market testing involves which two items? Multiple select question. using realistic purchase con

larisa [96]

The new-product process stage of market testing involves two items -

Using realistic purchase conditions to see if consumers will buy
Exposing actual products to prospective consumers

To find out how well a product, service, or offering will perform, one can conduct market research.

It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
Let's explore each of them in more depth.

How many steps are in the new product development process multiple choice question?

The process of bringing a brand-new product idea to market is known as new product development (NPD).
It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.

Learn more about new product development (NPD) brainly.com/question/26679051

#SPJ4

4 0

2 years ago

ompare the cost of the following leasing agreement with the finance charge on a loan for the same time period: The value of the

kow [346]

Answer:

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

Explanation:

a). Finance charge on the loan

Step 1: Determine the depreciation cost

The depreciation cost can be determine using the expression below;

Depreciation cost=Purchase value-salvage value

where;

Purchase value=$15,000

salvage value=$4,000

replacing;

Depreciation cost=15,000-4,000=$11,000

The total finance charge=$11,000

b). Cost of leasing agreement

Step 2: Determine cost of leasing agreement

Cost of leasing agreement=down payment+monthly payment+acquisition fee

where;

down payment=$500

monthly payment=$315

total monthly payment for 3 years=315×12×3=$11,340

acquisition fee=$300

disposition charge=$150

replacing;

cost of leasing agreement=500+11,340+300+150=$12,290

cost of leasing agreement=$12,290

The cost of lease agreement ($12,290) is greater than the total finance charge ($11,000)

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

8 0

3 years ago