On average, consumers spend only about 13 seconds deciding to buy one brand as opposed to another branded option from the same product category.
<h3>What is consumer purchase behavior?</h3>
This is the term that is used to refer to the behavior of the buyers and consumers of products and the way they make there decisions to buy.
It is said that they spend 13 seconds in making the decision to buy a different brand.
Read more on consumer behavior here:
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Answer:
traditional goal setting
Explanation:
This is traditional goal setting because the goals flow from the top down. Each organisational area then incorporates them from the top down.
Answer:
ROI = 10.5%
Explanation:
The ROI of a Division is the portion of then operating assets that is earned by as operating income by it. The higher the better.
Net operating assets = 28,600,000 - 600,000 = 28,000,000
ROI = Income/ Net operating assets × 100
ROI = 2,940,000/28,000,000 × 100
= 10.5%
Answer:
Material used = $855,000
Explanation:
The computation of the cost of direct material used is shown below;
Material purchased = $828,000
Add:
Opening Inventory = $279,000
Less:
Closing Inventory = ($252,000)
Material used = $855,000
we simply applied the above formula so that the cost of direct material used could come
Hence, the cost of direct material used in production is $855,000
Yeah, a pie chart lets you see which color is larger/bigger. Like more young customers or more older customers.
