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3 years ago

Limited decision making is used when purchasing frequently bought, low-cost items needing very little decision effort.

Business

1 answer:

Kay [80]3 years ago

5 0

Answer:

True

Explanation:

Routinized response behavior is the decision making process used by consumers when they buy frequently purchased, low cost items that require very little search and decision effort.

Convenience goods are low cost goods that are purchased frequently with very little search and decision effort, e.g. candy, cold drinks, etc.

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In 2017, if the PPP per capita of China was $16,760 and the PPP per capita of the United States was $60,200, this means that the

evablogger [386]

Answer:

e. cost of living was lower in China.

Explanation:

Here are the options to this question

. GNI per capita was greater in China.

b. standard of living in China was better.

c .annual average GDP growth rate was lower in China.

d. percent of goods and services consumed in the United States was lower.

e. cost of living was lower in China.

PPP per capita = purchasing power parity / population.

PPP per capita gives the price of a basket of goods per capita.

A lower PPP per capita compared to another country means that price is lower in that country and that the cost of living is lower

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3 years ago

ERP systems can provide vital cross-functional information on business performance to managers in a very timely manner. This des

alex41 [277]

Answer:

decision support.

Explanation:

This describes the key business benefit of decision support. These are systems used to support a manager's determinations, judgments, and courses of actions within an organization or business. By providing up to date and valuable information, it provides managers with a way of validating which of the options that are available would be the best course of action in order to provide the organization with the best overall benefits.

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3 years ago

After Shipra got a job, the first thing she bought was a new car. She took out an amortized loan for $20,000—with no ($0) down p

PolarNik [594]

Answer:

Her Yearly Repayment will be approximately $5771

Explanation:

For an Amortized Loan, to calculate the payment amount per period, we use the formula:

A=[P(1+r)ⁿ]/[(1+r)ⁿ-1]

where A=Payment per period

P= Initial Principal/Loan Amount

r= Interest rate per period

n= number of payments period

From the information provided,

P=$20000

n=4 years

r=6%=0.06

Therefore Yearly Repayment Amount A=[Pr(1+r)ⁿ]/[(1+r)ⁿ-1]

=[20000X0.06(1+0.06)⁴]/[(1+0.06)⁴-1]

=[1200(1.06)⁴]/[(1.06)⁴-1]

=[1200X1.2625]/[1.2625-1]

=1515/0.2625

=$5771.43

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3 years ago

Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting informa

defon

Answer:

$28,675 = direct materials used

Explanation:

<u>To calculate the direct material used, we need to use the following formula:</u>

Cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

112,450= 23,600 + direct materials used + (22,550*2.5) + 22,550 - 18,750

112,450 - 23,600 - 56,375 - 22,550 + 18,750 = direct materials used

$28,675 = direct materials used

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2 years ago

You started a new job working 4 days a week. During a work day you can complete 3 tasks per hour. You also take a half hour for

aleksandr82 [10.1K]

21 tasks, if you use your lunch break and your 2 15 minute breaks

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2 years ago