d. tyler says his profit is $34,100, and greg says he lost $6,500.
Accounting profit is simply revenues minus explicit (direct) costs whereas economic profit factors in opportunity costs and explicit costs.
<span>This does not imply brand loyalty at this point. So far it only proves advertisement effectiveness. If Rose likes the product and continues to purchase it despite others being on the market, then it will be brand loyalty.</span>
Answer:
b. Cognitive Dissonance.
Explanation:
Cognitive dissonance can be defined as the discomfort which is caused by the post-purchase conflict. When consumers buy something, they feel satisfied with their purchase, however, every purchase involves some trade-off and compromises. Customers certainly feel unhappy on acquiring the drawbacks of the bought product and losing the benefits of the products not purchased. Consequently, consumers feel some discomfort and post-purchase dissonance for almost every purchase they make. The same phenomenon can be observed in this scenario where Sheri has enrolled in the MBA program at Macatawa State University and feeling cognitive dissonance afterwards.
The council of better business bureaus is a national organization devoted to consumer service and business self-regulation.
Answer:
Check the explanation
Explanation:
Mean, D = 500
Standard deviation, ao = 300
Mean, L = 9 weeks
Standard deviation, .s1 = 6 weeks
Use the following formula to calculate safety stock level:
Safety stock =
= 2093.7
In case of European supplier,
Safety stock =
= 699
Kindly check the attached images below to see the spreadsheet solution to the question above