All categories

3 years ago

Customers compare brands and plan for the purchase of which products?

Business

2 answers:

UkoKoshka [18]3 years ago

6 0

Answer

Customers compare brands and plan for the purchase of a speciality product.

Explanation

These are those products that have unique characteristic and brand identification where specific customers are willing to make a purchase of the product with personal efforts.These products apply to specif customers who are willing to make an effort during the purchase process.A Ferrari can serve as a good example.

Artyom0805 [142]3 years ago

4 0

Answer:

Shopping Products

Explanation:

Shopping products typically require a customer to make a substantial plan before reaching a purchase decision. Examples of shopping products include consumer durables such as furniture, household appliances, and automobiles. Customers spend a considerable amount of time and effort on choosing the most appropriate brand in terms of price, quality, features, and services offered. The producers of these products invest resources into building brand awareness and a good reputation in order to attract and retain customers.

You might be interested in

Jessica teaches business studies in a reputed college. As part of the curriculum, she needs to demonstrate to her students the s

nata0808 [166]

Answer:

In the first step jessica should discuss the basic and general ideas of creating business.

Explanation:

As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.

So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.

So,here in the first step she will need to:

Start with the most basic and general idea of creation of new business.

Here we should know why a business basic idea so important:

Because a proper plan will only lead to a business reality.
The idea will work as a blueprint in the guidance of business
The best idea will progressively lead to well settled company from a start-up.

6 0

3 years ago

"For whom is a given mix of goods and services to be produced? How, in other words, are the society's outputs to be distributed

Sergio039 [100]

A. Money market through borrowing and saving by households and businessesB. Public sector through the mechanism of central planningC. Business sector through the mechanism of advertisingD.Private sector through the earning and spending of income

Private sector through the earning and spending of income

Answer: Option D.

<u>Explanation:</u>

A market economy is a monetary framework wherein the choices in regards to venture, creation and dissemination are guided by the value signals made by the powers of organic market.

The meaning of a market economy is one in which cost and creation is constrained by purchasers and dealers uninhibitedly leading business. A case of a market economy is the United States economy where the speculation and creation choices depend on organic market.

8 0

3 years ago

Which of the following is best classified as an ethnocentric policy of strategic approaches to international staffing? a. Host-c

madam [21]

Answer:

b. Managers from headquarters staff key positions.

Explanation:

In an international organisation when only managers from the headquarters are allowed to staff key positions, it is an indication of ethnocentric policy on staffing.

This usually occurs when the management of the organisation feels more comfortable working with a particular ethnic group they share the same culture with, and so understand easily. This is a way to avoid culture shock.

6 0

3 years ago

Suppose there are 70 million people in the labor force, out of which 60 million are employed, then the unemployment rate is?

ZanzabumX [31]

Suppose there are 70 million people in the labor force, out of which 60 million are employed, then the unemployment rate is: 14.28%.

An unemployed person is someone who does not have a job but is actively looking for one. Employed or Not Employed? You are employed part-time. If you work as a student, the university cafeteria is employed.

Labor force participation rate = (labor force/working age population) x 100 where labor force = employment + unemployment. To solve this problem, we need to know the number of people employed, the number of job seekers, and the working age population.

Learn more about the labor force at

brainly.com/question/24939447

#SPJ4

8 0

2 years ago

To generate ideas for new products, some firms will purchase the rights to use another firm's technology. This is known as\

yKpoI14uk [10]

The purchase of the rights to use another firm's technology in the scenario is known as outsourcing.

<h3>What is outsourcing?</h3>

It should be noted that outsourcing simply means the agreement in which a company hires another company in order to be responsible for certain activities.

In this case, this experienced when the firms purchase the rights to use another firm's technology.

Learn more about outsourcing on:

brainly.com/question/4456416

5 0

2 years ago