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liraira [26]
3 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]3 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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Management decisions typically lack structure. are always free of risks. are made under conditions of perfect certainty. are con
____ [38]

Complete Question:

Which of the following is true of managerial decision making?

Group of answer choices.

A. Most managerial decisions lack structure.

B. Managerial decisions are always free of risks.

C. Managerial decisions are taken under conditions of perfect certainty.

D. Managers show consistency in their decisions in response to novel problems.

E. A manager’s decisions have the characteristics of programmed decision

Answer:

A. Management decisions typically lack structure.

Explanation:

The management of an organization or business firm are typically involved in taking up leadership roles and as such are expected to build a strong relationship between their employees by creating a fair ground for effective communication and sharing of resources and information.

A decision-making process can be defined as a cognitive process which typically involves an individual or business selecting the best option, course of action, or belief among several alternatives, so as to meet a particular need or accomplish a goal. Thus, it typically involves the process of gathering informations, accessing and weighing the informations with their alternatives and choosing the best option.

Generally, management decisions are considered to typically lack structure because most problems are novel and as such would require different procedures to follow in proffering solutions. Thus, most management decisions are non-programmed decisions making them to lack structure i.e being unstructured.

6 0
3 years ago
The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.
dezoksy [38]
Why should i ever care just kidding 
6 0
3 years ago
Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person
Shtirlitz [24]

Answer:

$300

Explanation:

Given:

Society A

Society B

Society A will pay $140 per unit  

Society B will pay $160 per unit  

Commonly pay $140 for two units produced.

Computation:

Society will pay total amount for the public goods = $160 + $140  

Society will pay the total amount for the public goods = $300

Therefore, $300 Is the total amount paid by society.

7 0
3 years ago
The exponential form of 6×6×6×6 is 6 the base is 4 True or False?​
Maru [420]
False because the base is 6 and the exponent is 4
7 0
2 years ago
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual end-of
Kazeer [188]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 4500
PMTthe actual end-of-year payment?
R interest rate 0.12
N 4 equal annual installments
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT=4,500÷((1−(1+0.12)^(−4))÷(0.12))
PMT=1,481.55
8 0
3 years ago
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