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fredd [130]
3 years ago
12

The decision making process followed by consumers to maximize utility assumes that

Business
1 answer:
oksian1 [2.3K]3 years ago
5 0
The decision-making process followed by consumers to maximize utility assumes that the consumer has a limited income, the consumer is able to rank their preferences, the consumer behaves rationally.
The term utility used by the economist as a measure of satisfaction, happiness, a joy of a person.

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What are the four elements of the marketing mix?
Maksim231197 [3]

The 4 P's:

Price - cost of the product

Product - the type of good being sold

Place - how the product will get to the consumer (store, internet, etc)

Promotion - what marketing activities will be used to communicate the product (advertising, sales, etc)

5 0
3 years ago
As the head of the engineering department for her company, Jody works with her team on complex and challenging projects. The lev
vagabundo [1.1K]

Answer:

Wide

Explanation:

Basically there are two spans of control namely; wide and narrow. A wide span of control is one in which a manager or supervisor interacts with many team members. In other words, the levels of hierarchy involved where there is a wide span of control is few. As such, this structure entails that a large number of the team members report directly to the manager.

The narrow span of control is one in which the manager supervises or interacts with a few team members. In other words, there is some level of hierarchy involved such that the managers direct subordinates are few and have subordinates who report to them.

To state it in another way, the wider the span of control, the fewer level of report or levels of hierarchy and the narrower the span of control, the higher the levels of hierarchy required.

In light of the explanation above, it can be deduced that Jody has a wide span of control over her team.

3 0
2 years ago
Nielsen PRIZM uses ________ segmentation to classify every U.S. household as one of 66 unique market segments based on the belie
Gemiola [76]

Nielsen PRIZM uses Market Segmentation.  

Explanation:

Market division is the way toward isolating a market of potential clients into gatherings, or sections, in view of various qualities. The fragments made are made out of buyers who will react also to showcasing procedures and who share qualities, for example, comparable interests, needs, or areas.  

Market division makes it simpler for advertisers to customize their promoting efforts.  

By organizing their organization's objective market into divided gatherings, as opposed to focusing on every potential client exclusively, advertisers can be increasingly effective with their time, cash, and different assets than if they were focusing on buyers on an individual level.

Gathering comparable shoppers enables advertisers to target explicit spectators in a financially savvy way.   Market division additionally lessens the danger of a fruitless or ineffectual showcasing effort.

At the point when advertisers separate a market dependent on key attributes and customize their procedures dependent on that data, there is an a lot higher possibility of progress than if they somehow managed to make a conventional battle and attempt to actualize it over all sections.

7 0
3 years ago
A. medical payment auto 1. covers insured for life; is paid on for a specific-
ivolga24 [154]

Answer:

E. property damage auto 5. pays if insured is at fault and someone else's-  

property is damaged

5 0
3 years ago
Read 2 more answers
Company A purchases Company B. This is a 100% equity purchase which means that Company A acquires all of the Company B assets an
Drupady [299]

Answer:

Company A and Company B

Calculation of Goodwill on Acquisition:

= $212,433

Explanation:

a) Current market value of:

 Tangible physical assets = $1,234,567

  Intangible asset =                 $125,000

Total assets' value =            $1,359,567

less Liabilities:

  Operating =  $160,000

  Financial =     600,000      ($760,000)

Net value of assets =             $599,567

Purchase Price (Company B) $812,000

Goodwill                                  $212,433

b) Company A acquired Goodwill when it bought over Company B.  This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.

3 0
3 years ago
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