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3 years ago

How do personal, social, and business factors influence consumer spending

1 answer:

3 0

They have to figure out where there business is and of a lot of people in the area would be able to afford and how much they would pay for whatever that person is selling

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How does Ingenuity fly on Mars? (20 points)

777dan777 [17]

Answer:

Mars' thin atmosphere, which is 99% less dense than Earth's, will make it difficult for Ingenuity to achieve enough lift to properly fly. Because of this, it has been designed to be extremely lightweight. It stands just 19 inches tall

Explanation:

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3 years ago

Read 2 more answers

How do compliments and substitutes affect demand ?

pashok25 [27]

When examining how price and demand changes will affect markets, it is important to consider how various goods are related. We can separate goods into 2 basic types: substitutes and complements. ... When the price increases for one good, the demand for the substitute will increase (assuming that price remains constant).

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3 years ago

Today, you borrowed $3,200 on a credit card that charges an interest rate of 12.9 percent, compounded monthly. How long will it

miskamm [114]

Answer:

It will take me = 30.99 years to pay-off the borrowed amount paying $60.00 every month

Explanation:

SOLUTION:

Using the Formula: A = P(1+r/n) ${nt}$

Where:

A= $60.00;

P = $3,200.00;

r = 12.9%;

n = 12

t =?

Substituting the values into the Formula =

$60 = $3,200(1 + 12.9%/12) ${12t}$

= $60 = $3,200(1 + 12.9%/12) ${12t}$

= $60.00 = $3,200.00 (1 + 0.129/12) ${12t}$

= $60.00 = $3,200.00 (1 + 0.01075 ) ${12t}$

= $60.00 = $3,200.00 (1.01075 ) ${12t}$

= $60.00/$3,200.00 = $3,200.00 (1.01075 ) ${12t}$ /$3200.00

= 0.01875 = (1.01075) $12t$

= Using the law of logarithm

= log $A^{N}$ = Nlog A

=12tlog(1.01075) = log0.01875

= 12log(1.01075)/(1.01075) = log0.01875/log(1.01075)

= 12t = log(0.01875)/log1.01075

= 12t = 1.7270/0.04644

Divide 12 by both sides

=12t/12 = 371.88774/12

t= 30.9898

∴ 30.99 years

It will take me = 30.99 years to pay-off the borrowed amount paying $60.00 every month

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4 years ago

Managers establish a shared vision in order to motivate and inspire a group movement toward that vision. select one:

Svetllana [295]

a. True Managers' main goals are to provide guidance and support for the workers they are managing, and to increase their productivity to achieve a larger goal for a company. Therefore, the best way to increase those workers' production is to establish a vision that the group can work towards. Groups work most efficiently and effectively when there are clear, outlined goals, and the individuals in that group have a clear understanding of the roles they play in achieving the grander vision.

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4 years ago

Many large consulting firms are beginning to sponsor "women-only" networking events. The purpose of these events is to offer an

love history [14]

Answer:

Social

Explanation:

Environmental Scanning is a big part of success in marketing.

Social, cultural, demographic, and environmental changes have a major impact on virtually all products, services, markets, and customers. Small, large, for-profit, and nonprofit organizations in all industries are being staggered and challenged by the opportunities and threats arising from changes in social, cultural, demographic, and environmental variables.

Social: This force includes demographics and cultural influence. This means population statistics, such as age, gender etc. The cultural piece refers to the values, ideas and attitudes each group represents. For Stumble, my company we are targeting mainly males from the ages 18 to 25ish. With this group being targeted it makes the most sense to try to sell on college campuses. The cultural part of this is easy for us right now. No matter how you were raised all college kids have some of the same things in common, some things we can to see eye to eye on. Being 20, I feel I understand our market well.

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4 years ago