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AlexFokin [52]
3 years ago
12

Consumer ________ helps answer questions such as why people choose one product or brand over another

Business
1 answer:
san4es73 [151]3 years ago
4 0

Answer:

The answer is Consumer Behavior

Explanation:

Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.

This study seeks to understand how the behave in  the marketplace and the reason(s) for this behavior.

The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.

An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.

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Jayda started a corporation that creates software products for clients. What position is jayda in of the corporation
goblinko [34]

If Jayda started the corporation, her position is founder and CEO of the business.

7 0
3 years ago
Melissa is trying to decide between two digital cameras.
prohojiy [21]

Answer:

Buy Camera 2.

Explanation:

PACED, decision making process is used to make decisions when alternative options are available. In the given case Melissa has two option either to buy camera 1 or camera 2.

The steps for PACED decision making process are :

1. Define the Problem

2. List Alternatives

3. Identify Criteria

4. Evaluate Alternatives

5. Make a Decision

1. To buy Camera 1 or Camera 2

2. Camera 1 or Camera 2

3. Which ever camera has more features will be selected

4. Camera 2 has better features than camera 1

5. Buy Camera 2.

8 0
2 years ago
Identify the marketing research technique implied in the scenario. Tiara is planning to open a small café in her neighborhood. H
AnnyKZ [126]

Answer:

demographic and psychographic segmentation

Explanation:

Tiara's target market is based on age (demographic) and interests (psychographic)

5 0
3 years ago
If a gain of $5,278 is realized in selling (for cash) office equipment having a book value of $50,852, find the total amount rep
Alina [70]

Answer:

B) $56,130

Explanation:

The cash flow statement shows how the company's operating, investing and financing activities affect the flow of cash by generation or use.

The investing activities section is where the purchase of fixed assets and the amount received for the disposal of these assets are accounted for.

Given that a gain was realized and the book value of  the asset was given, the amount received for the disposal

= $5,278 + $50,852

= $56,130

This is the amount that will be reported in the investing activities section of the statement of cash flows as an inflow.

6 0
3 years ago
briefly explain what you consider an entrepreneur to be and describe the three most important attributes you need to develop to
expeople1 [14]

Answer:

An entrepreneur is a person who finds an economic opportunity in the market, and exploits it for his own benefit and the benefit of his employees and constomers by setting up a firm.

Explanation:

Three characteristic of an entrepreneur:

Opportunity seeking: entrepreneurs "scan" the market, seeking for market niches that have not been exploited.

Work-ethic: entrepreneurship is a difficult task, especially during the first years of the company. It demands very long work hours, and the entrepreneur must be willing to do that in order to be successful.

Risk-taking: entrepreneurs should evaluate risk when taking decisions, but they should not be the most risk-averse indidivuals. They have to take risks in certain situations because otherwise, they would not be able to become entrepreneurs at all.

3 0
2 years ago
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