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ra1l [238]
4 years ago
11

Describe four different types of stores where consumers can make purchases.

Business
1 answer:
vodka [1.7K]4 years ago
5 0
1) Convenience Products
2) Shopping Products
3) Speciality Products
4) Unsought Products

A convenience Product is the product that is bought much more frequently by a consumer. For instance: laundry detergent, food, fast-foods, magazenes, ect.

A Shopping Product is usually a product that consumers compare. They compare prices, style, design or other details. Consumers spend much time in these kinds of products. For example: Cars, used cars, airline tickets, clothing, ect. 

Speciality Product is a product with a brand indentification and has a unique design or use. Consumers are willing to spend money on that especific product. For instance: Gucci designer's clothing, Designer's clothing, proffesional equiptment, ect. 

Unsought Product is a product that consumers may or may not know about but do not consider buying under normal conditions. For example: Life insurance, pre-planned funeral services, ect.

Sorry for any grammar errors. Hope this is useful.
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Answer: The actual cost of materials was less than the standard cost

Explanation:

Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance

= 380 + (-120 unfavorable)

= 380 - 120

= $260 favorable

<em>As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. </em>

7 0
3 years ago
3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable
kramer

Answer:

D) have customers who operate in many different parts of the country.

Explanation:

A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.

7 0
3 years ago
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Select the examples of Buying and Merchandising workplaces. Check all that apply.
KiRa [710]

Answer:

2,3,4,5

Explanation:

...

3 0
3 years ago
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You are considering a savings bond that will pay $ 100 in 9 years. If the interest rate is 1.9 %​, what should you pay today for
Dmitrij [34]

Answer:

You should pay $84.42 today for the​ bond.

Explanation:

bond price = value of bond/[(1 + interest rate)^number of years]

                   = $100/[(1 + 1.9%)^9]

                   = $100/(1.185)

                   = $84.42

Therefore, You should pay $84.42 today for the​ bond.

5 0
4 years ago
There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the er
xenn [34]

Answer:

Yes the inspector should be hired

Explanation:

Defective average = 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

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No inspection = 9/30

= 0.300

Inspector = 8/30

= 2.67

Yes the inspector should be hired

5 0
3 years ago
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