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liraira [26]
2 years ago
9

"Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of

the newer brands has been gaining popularity and he wants to give that brand a try. In the context of marketing and consumer behavior, this phenomenon is referred to as _____."
Business
1 answer:
Vedmedyk [2.9K]2 years ago
6 0

Answer:

<u>Variety seeking </u>

Explanation:

Variety seeking buying behavior refers to consumer behavior wherein, a consumer seeks different kinds of goods and substitutes and prefers variety rather than sticking to one particular product.

Variety seeking consumers don't mind switching from one product to another since they tend to get bored quickly by consuming the same product time and again. Such consumers lack product loyalty and don't forge high involvement or association with any product.

Such behavior is prominent in case of products which don't have significant differences in the quality.

In the given case, Jason has been drinking a particular soda brand for a considerable length of time. Yet, when a new brand emerges and gains popularity, for no valid reason he wants to give it a try. This behavior is variety seeking behavior.

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Which statement describes the most common characteristics of oral narratives
Gennadij [26K]

Answer:

I have 3 statements

Explanation:

The characteristics of oral narrations are as follows.

1) They can be real or imaginary.

2) They are structured in dialogue, monolog and paragraph.

3) It is written in past tense

Hope it helped u if yes mark me BRAINLIEST!

Tysm!

6 0
3 years ago
International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower t
Elden [556K]

Answer:

International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower than the Fed desires. If this downward pressure on U.S. interest rates may be offset by <u>outflows</u> of foreign funds, the Fed may not feel compelled to use a <u>tight </u>monetary policy.

Explanation:

A Tight Monetary Policy is when the central bank tightens policy or makes money tight by raising short-term interest rates through policy changes to the discount rate, also known as the federal funds rate. Boosting interest rates increases the cost of borrowing and effectively reduces its attractiveness.

Outflows of foreign funds or the flight of assets occurs when foreign and domestic investors sell off their holdings in a particular country because of perceived weakness in the nation's economy and the belief that better opportunities exist abroad.

The reasoning is as follows, the rate is down in the USA so holders of assets look for better rates abroad as a consequence  there is less money in the US domestic economy and automatically the rate tend to rise (remember that interest rate is the price of money). If there is less supply of something the price of that something will go up (ceteris paribus). The same thing will happen to the interest rate without the intervention of the FED.

7 0
3 years ago
A stock with a current market price of $50 and a strike price of $45 has an associated put option priced at $3.50. This put has
Rashid [163]

Answer:

The answer is D

Explanation:

Intrinsic value can be found by simply using the following formula

Put intrinsic value = Strike Price - Current selling price

this gives,

PIV = $45 - $50 = $-5

A put intrinsic value cannot be vegetative as it can be exercised right now at the current price. Thus it is interpreted as 0.

Time value is calculated as follows

Time Value = Option Price - Intrinsic Value

This gives   TV = $3.5 - $0 = $3.5

Hope this helps.

6 0
3 years ago
When most consumers who would buy a product are either repeat purchasers of the item or have tried and abandoned it, what stage
fiasKO [112]

Answer:

Promotional expenses are those expenses that a company bears to make its product more aware to the consumers. Maturity stage of product life cycle means the product has already been accepted wide spread and is at its peak in respect of sales but will eventually slow down in growth.

Therefore, promotional activities at the maturity stage are done by companies so that the existing customers would not shift their demand to any of other substitute product.

Explanation:

5 0
2 years ago
Which best describes china's economic impact on living conditions and trends?
insens350 [35]
I had to look for the options and here is my answer:

If we based it on the modern times, we can see that China's economic impact on living trends and conditions has positively influenced the people. This means that there is apparent manifestation of the improvement of their living compared to the previous years.
5 0
3 years ago
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