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3 years ago

Match the different stages of the consumer buying process with the related scenarios where advertising helps with the stage.

Business

1 answer:

emmasim [6.3K]3 years ago

5 0

Answer:

comparative evaluation

Ali reaches an area where there are many restaurants, and one has ads displayed in their parking lots.

post-purchase evaluation

Ali thinks about the last time he ate at a particular restaurant. It was a bad

experience, and he’d decided he would try a different restaurant next time.

choice and purchase

Ali goes into a restaurant and checks out the different dishes available on the menu and orders his food.

search for information

Ali sees an ad showing that a restaurant near his house serves the kind of tacos he likes.

Explanation:

search for information Ali wants to change the restaurant from the last one he ate at. then he must look ads for restaurants that have the dishes he will like to buy.

comparative evaluation : Ali has to compare between different alternatives and select were to eat.

choice and purchase . Ali has to pick and purchase the dish he would like

post-purchase evaluation After eating at a restaurant ali decides that is not good and he will try another one in the next time

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SpyIntel [72]

The question is incomplete. The complete question is :

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.

Regular withdrawal $ 2200

Interest rate 2%

Frequency Monthly

Time 20 years

Solution :

Given :

Monthly withdrawal = $ 2200

Interest rate = 2%

Frequency = monthly

Time = 20 years

= 20 x 12 = 240 months

Formula used :

$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$ with Z = 1 + r

where, w = monthly withdrawal

P = principal amount

r = monthly interest rate

Y = Number of months

So, w = 2200

r = 2% = 0.02

Z = 1 + r

= 1 + 0.02 = 1.02

Y = 240

Therefore,

$2200=\frac{P(1.02)^{240-1}(1.02-1)}{(1.02)^{240-1}(1.02-1)}$

$P=\frac{2200(115.888-1)}{113.6164(0.02)}$

= 111,231829

≈ 111,232 (rounding off)

Thus, the account balance = $ 111,232

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