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3 years ago

Zone of acceptance refers to consumers': Select one:

Business

1 answer:

sesenic [268]3 years ago

6 0

Answer:

Letter a is correct. Acceptable range of prices for any purchase situation.

Explanation:

The purchase decision process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.

The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.

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If a purchase is a new buy for a manufacturer, the seller should be prepared to act as a consultant to the buyer, expect a long

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Answer:

d. work with technical personnel.

Explanation:

In the given scenario a manufacturer is making a new buy from a seller. This is a risky investment for the buyer because of uncertainty on how the product will perform and lack of technical know-how in operating the product.

The buyer therefore will require the seller to act as a consultant in case of issues arising from the use of the product, buying decision will take a long time because the buyer will want a good fit for their operations, and more work will be done with technical personnel to train them on how to use the product

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An organizational resource that is being protected is sometimes logical, such as a Web site, software information, or data. Some

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Answer:

The correct answer is (a)- asset.

Explanation:

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Crane Company purchased a new machine on October 1, 2022, at a cost of $89,920. The company estimated that the machine has a sal

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Answer:

For the year 2022 , $2,515

For the year 2023, $10,060

Explanation:

In this question, we are asked to compute the depreciation expense under the straight-line method for the years 2022 and 2023 for the new machine purchased by Crane company.

We employ a mathematical approach in tackling this.

Mathematically;

Straight line depreciation = (cost - salvage value)/ number of years useful

From the question we can identify the following;

Cost of purchase= $89,920

Salvage value = $9,440

Number of years useful = 8 years

Plugging this to get the straight line depreciation, we have;

(89,920-9,440)/8 = 80,480/8 = 10,060

For the year 2022, we have ; 3 months window since, machine was purchased October and we are assuming year end December 31st

Thus, straight line depreciation for year 2022 = 3/12 * 10,060 = $2,515

For 2023, straight line depreciation = 10,060( since we have a full year)

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