She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.
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Information effect of price.</h3>
Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality is usually indicated by price.
Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.
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Answer:
E-commerce
Explanation:
Enterprise resource planning can be regarded as one that encompass
technologies as well as systems that is used by companies in managing and integrating their core business.
Electronic commerce known as
can be regarded as E-commerce and can be explained as buying as well as selling of goods/services, it can as well be defined as transmitting of funds as well as data through electronic network, these could be the internet. These business transactions can appear as business-to-business (B2B), it can also be seen as business-to-consumer (B2C), it also be in form of
consumer-to-consumer as well as consumer-to-business.
It should be noted that E-commerce
component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order status and business-to-business (B2B) information related to suppliers and business partners
How about Drake just beats Peter by becoming a world-renown rapper and earning a net worth of +$60 million?
But seriously, what's the question?
Practical. For example, a company looking for a viable alternative to a decision might consider alternatives that would provide a similar benefit at a reasonable cost.