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
valkas [14]
3 years ago
11

The initial stage in the consumer purchase decision process involves perceiving a difference between a person's ideal and actual

situations big enough to trigger a decision. What is this stage called
Business
1 answer:
nataly862011 [7]3 years ago
3 0

When a consumer is considering a purchase he goes through the following five stages: problem or need recognition, information search, evaluation of alternatives, purchase, and post-purchase behavior.

The initial stage in the consumer purchase decision process which involves perceiving a difference between a person's ideal and actual situations big enough to trigger a decision is called problem recognition. This is the most important stage because if a consumer does not perceive a problem or need, he/she generally will not move forward with considering a product purchase.

You might be interested in
The sticky-wage theory of the short-run aggregate supply curve says that the quantity of output firms supply will increase if
nignag [31]

Answer:

a.the price level is higher than expected making production more profitable.

Explanation:

The sticky wages shows that the output increases if the price level is higher because an increase in price level increases the profitability and the increased profitability increases output.

7 0
3 years ago
According to John Kotter, which of the following actions will adversely influence refreezing efforts?A) the absence of a visionB
dedylja [7]

Answer:

D) declaring victory too soon

Explanation:

John Kotter in this theory of leadership explains the concept and importance of change. He basically believes that the company shall be currently functional.

By the term currently functional he means that the company shall be updated and working on with the current market trend. This means the company shall not be resistant to change and that the management shall take a note of it.

Further in the moving scenario there is no freezing point - the company shall constantly work on the new things which it can improve and excel.

Thus, final confirmation cannot be made soon as towards the change made.

6 0
3 years ago
Bank ABC has checkable deposits of $415 million and total reserves of $50 million. The required reserve ratio is 9 percent. The
umka21 [38]

Answer:

$12,650,000.

Explanation:

Reserves is the total amount of a bank's deposit that is not given out as loans

Reserves = Deposits - outstanding loans

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

Required reserves = reserve requirement x deposits

0.09 x 415 million = 37.35 million

Excess reserves is the difference between reserves and required reserves

50 million - 37.35 million = 12.65 million  

6 0
3 years ago
The following section is taken from Blossom's balance sheet at December 31, 2021. Current liabilities Interest payable $ 40,500
aev [14]

Answer:

(a) Journalize the payment of the bond interest on January 1, 2022.

Dr Interest payable - bonds payable 40,400

    Cr Cash 40,400

The interest expense on the bonds payable should have been accrued on the 2021 balance sheet, that is why we debit interest payable and not interest expense.

(b) Assume that on January 1, 2022, after paying interest, Blossom calls bonds having a face value of $100,000. The call price is 103. Record the redemption of the bonds.

Dr Bonds payable 100,000

Dr Call premium 3,000

    Cr Cash 103,000

(c) Prepare the adjusting entry on December 31, 2022, to accrue the interest on the remaining bonds.

interest expense = $405,000 x 8% = $32,400

Dr Interest expense - bonds payable 32,400

    Cr Interest payable - bonds payable 32,400

3 0
4 years ago
Market pressures tend to move prices toward a(n) _____. price that causes shortages price that causes surpluses equilibrium pric
torisob [31]
Equilibrium would be the answer
8 0
3 years ago
Read 2 more answers
Other questions:
  • Your company currently has par, coupon bonds with 10 years to maturity and a price of . If you want to issue new 10-year coupon
    13·1 answer
  • There may be more than one critical path in a project network.
    5·1 answer
  • Foreign managers trained in the latest management techniques can often help to improve the efficiency of operations in the host
    14·1 answer
  • The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers
    7·1 answer
  • Green Earth, an environmental organization in Oklahoma, recently recruited Phyllis Galvan as a project coordinator. Galvan's man
    14·2 answers
  • Adam Jones, the purchasing manager for ACME Corporation, is under suspicion for committing fraud. His superiors believe he is ac
    6·1 answer
  • burger king, the resaurant chain, sold a store location to mcdonalds. How can burger king determine the sale price of the sotre
    9·1 answer
  • Research that investigated what behaviors were employed by effective leaders suggested that there are two types of leader? behav
    15·1 answer
  • Jodi is retiring at the age of 65. When she retires, she estimates that she will need a monthly income for 25 years. If Jodi sta
    6·1 answer
  • What specific cryptocurrency was worth $68,000 in november but had fallen to less than $36,000 by the beginning of this week?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!