1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VLD [36.1K]
3 years ago
9

Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on

three different charateristics. He plans to make a short list of those computers that score at least a 7 on his scale on all three characteristics. Which of the following choice heuristics has he chosen?a) Anchoring and adjustment heuristicb) Conjunctive heuristicc) Lexicographic heuristicd) Elimination-by-aspects heuristic
Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

C) Conjunctive heuristic

Explanation:

When a consumer (Mr. Jones) uses a conjunctive heuristic approach, he will set a minimum cutoff level for the attributes that he considers important, and will decide to purchase the good that meets that minimum threshold or cutoff level for every desirable attribute.

In this case, Mr. Jones has three desirable attributes and designed a scale with a minimum cutoff level of 7.

You might be interested in
What are common stocks? What are advantages and disadvantages of common stocks?
frutty [35]

Common stocks are stocks also known as securities that show how and who has ownership in the corporation. Those who own common stock have some control over the corporation and are decision makers within the company. The advantages of common stock are that those who own them have shares in the company and make decisions. A disadvantage of common stock is the financial risk  that comes with it.

7 0
4 years ago
Read 2 more answers
Which decision-making models best describe how decision-making takes place in the research and development laboratory of a major
g100num [7]

Answer:

Garbage-can model

Explanation:

The decision-making models that best describe how decision-making takes place in the research and development laboratory of a major drug company is the Garbage-can model, this is because the research and development laboratory is a complex and unstable environment

decisions taken in a research laboratory are mainly unpredictable and uncertain as most solution are turned in problems first before another solution can be created  

4 0
4 years ago
The controllable variables the company puts together to satisfy a target group are referred to as the:
In-s [12.5K]
Puts together to satisfy a target group is called the Marketing mix. The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the marke
3 0
2 years ago
Most goods in the economy are _____.(A) a natural monopolies. (B) public goods.(C) common resources. (D) private goods.
Angelina_Jolie [31]

Answer:

(D) private goods.

Explanation:

Goods is a material that, in economic theory, satisfies people's wishes and provides usefulness. Goods and services are different. In economic theory all goods are considered material, but in reality such goods as information (or information) are non-material goods. For example, although Apple is a tangible asset among other commodities, news is related to non-material class goods and can only be perceived through tools such as Computer and Printing. Material goods such as apples differ from non-material goods as information in terms of the impossibility of a person to keep the other physically, while the former occupies a certain physical area. Intangible goods differ from services in the sense that they are transferable or sold. Price elasticity also differentiates the types of goods. Elastic goods are commodities where there are major changes in quantities due to small changes in the price and, therefore, relate to the family of substitute goods; For example, consumers will prefer to buy pencils, such as pencil shields. Intangible goods are few and no substitutes, such as racing tickets, artist's original work, and medical supplies such as insulin. Complementary goods are more elastic than substitutes. It depends on which commodity is substituting or complementary to other goods.

Private goods are both excludable and rival in consumption. Most goods in the economy are private goods. A private commodity or goods is a product to be purchased for consumption and prevents the consumption of another by one person. In other words, when there is competition between people for the sake of good, good is something special or private, and consuming good prevents one from consuming it.

5 0
4 years ago
In the value chain, what is the term of the activities that are required but not directly add value to the company's products or
Darya [45]

Answer:

In the value chain analysis, the term of the activities that are required but not directly add value to the company's products or services sold to the customers is:

Support or Secondary Activities.

Explanation:

Support or secondary activities are the indirect services that improve the primary activities of the value chain.  The secondary or support activities include procurement of input resources, human resources management, infrastructure (accounting, legal, and administrative), and research and development (technology). These support the primary value chain activities, according to Porter's Value Chain, including In-bound logistics, Operations, Outbound logistics, Marketing and Sales, and Customer Services.

6 0
3 years ago
Other questions:
  • Given the following costs and activities for Falcon Company electrical costs, use the high-low method to calculate Falcon's vari
    5·1 answer
  • What factors are important for the MIG owners to consider before making a decision on whether or not they should sell the restau
    12·1 answer
  • Azeem is considering the various options available to him to promote an energy drink, Turbozade, that has decreasing sales volum
    6·1 answer
  • The MOST LIKELY impact of the September 11 terrorist attacks on the price of oil was A) a sharp decrease due to the oil embargo
    8·1 answer
  • Sanford Corp. bought new technological systems to inspect the quality of products as they come off the production line. The expe
    13·1 answer
  • All of the following are ways to collect useful marketing research information except
    12·1 answer
  • Borwan Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,
    15·1 answer
  • Lopez Corporation incurred the following costs while manufacturing its product.
    5·1 answer
  • If an economy experiences increasing opportunity costs with respect to two goods, then the production possibilities curve betwee
    9·1 answer
  • What is the common issue between monopolistic and oligopoly market structure​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!