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3 years ago

Some customers are __________, caring about new developments in their category and seeking out new products.

Business

1 answer:

jeyben [28]3 years ago

3 0

Answer:

Early adopters

Explanation:

Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers

Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc

Therefore in the given situation, the early adopters should be chosen for the new developments in the products category

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3. High-end pricing depends on the customer having which of the following perceptions?

djyliett [7]

<h2>More expensive products are better</h2>

Explanation:

According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.

According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.

So higher the price, customer feels that higher the quality.

All the other options feel right sometime but option 1 is the right answer.

5 0

3 years ago

Which sales promotion tool is the best match for the growth in consumer (or user)-generated content?

Nataly [62]

Answer – Contests

The sales promotion tool which is the best match for the growth in consumer (or user)-generated content is CONTEST. This is basically because contests, if well designed gives a straightway answer to the basic question: “What’s in it for me?” through awards of money, goods, free service and even recognition.

7 0

3 years ago

When examining whether a company has underrecorded accounts payable, all of the following ratios are helpful EXCEPT: a. Quick as

Valentin [98]

<u>Answer:</u> Option B

<u>Explanation:</u>

Under recording the liability in the balance sheet such as accounts payable may become a liability fraud case. It is significant that the balance sheet has to be analysed using the acid test ratio which is quick assets/current liabilities. If this ratio has increased suddenly then it is clear that the accounts payable is understated.

Unearned revenue/ accounts payable ratio is used to determine the current liability of the company. This ratio cannot be used to find the under recorded accounts payable.

3 0

3 years ago

Dan Watson started a small merchandising business in 2018. The business experienced the following events during its first year o

Jet001 [13]

Answer:

<u>Horizontal statemtent:</u>

Assets = Liabilities + Equity

1) 30,000 = 0 + 30,000

2) 18,000- 18,000 = 0 + 0

3) 17,000 = 0 + 17,000

+30,000 Financing

Operating

collected from customer 32,000

paid to suppliers (18,000)

net 14,000

total cash flow 44,000

Income statment

sales revenue 32,000

COGS (15,000)

income 17,000

Total assets: 47,000 (44,000 cash + 3,000 inventory)

Explanation:

assets:

1) +30,000 cash from common stock

2) 18,000 inventory - 18,000 cash = 0 effect on total assets

3) 32,000 cash - 15,000 inventory = 17,000

total assets: 30,000 + 17,000 = 47,000

8 0

3 years ago

Suppose that the price of wheat is above its equilibrium price. You would expect to see __________- A) an increase in quantity d

disa [49]

Answer:

The correct answer is letter "B": a leftward shift of the demand curve because of the high price.

Explanation:

The equilibrium price represents the point at which buyers' demand and sellers supply face each other because both parties' needs are satisfied. If the price of a given product is higher than the equilibrium level, the quantity demanded is likely to decrease which directly implies a leftward move in the demand curve.

8 0

2 years ago