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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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Baker traded a building used in her business for some new land. Baker originally purchased the building for $50,000 and it had a
Fittoniya [83]

Answer:

The adjusted basis in the land after the exchange=-$10,000, meaning Baker realized a loss of $10,000 from the exchange

Explanation:

<em>Step 1: Determine the initial loss/gain in value of the building</em>

initial loss/gain=original purchase price-adjusted basis

where;

original purchase price=$50,000

adjusted basis=$30,000

replacing;

initial loss/gain=50,000-30,000=$20,000

initial loss in value=-$20,000

<em>Step 2: Determine the loss or gain from the exchange</em>

loss/gain=35,000-30,000=$15,000

gain=$15,000

Step 3: Determine other additional costs

Costs=loss=-$5,000

<em>Step 4: Determine the net gain/loss</em>

net gain/loss=-20,000+(15,000)+(-5,000)=-$10,000

The adjusted basis in the land after the exchange=-$10,000, meaning Baker realized a loss of $10,000 from the exchange

8 0
4 years ago
In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 300 units at
Annette [7]

Answer:

(1) $2,720

(2) $2,220

Explanation:

Given the following sequence:

300 units at $6, 400 units at $7 and 200 units at $8

(1) FIFO method

Ending inventory = 360 units

Cost of ending Inventory:

= 200 units at $8 + 160 units at $7

= 200 × $8 + 160 × $7

= 1,600 + 1,120

= $2,720

(2) LIFO method

Cost of ending Inventory:

= 300 units at $6 + 60 units at $7

= 300 × $6 + 60 × $7

= 1,800 + 420

= $2,220

4 0
3 years ago
One advantage large companies enjoy is their ability to employ ________, who assist top management in the evaluation of ________
vovikov84 [41]
<span>One advantage large companies enjoy is their ability to employ <u>internal auditors,</u><u /> who assist top management in the evaluation of <u>control systems.
</u>
<u />These internal auditors can evaluate what is going on within the company and help them solve most, if not all of their problems. They are a valuable asset to any company that wants to thrive and become better and better all the time. <u>
</u>
</span>
8 0
4 years ago
Which matter is considered when calculating a country's balance of payments?
Mariulka [41]

The matter that will considered when calculating a country's balance of payments is the military expenditures.

<h3>What is a balance of payments?</h3>

This refers to the balance of international payments. This is athe statement of all transactions made between entities in one country and the rest of the world over a defined period such as during a month, quarter, year etc.

The balance of payments summarizes all transactions that a country's individuals, companies, government bodies complete with individuals, companies, and government bodies outside the country.

These balance of payments helps to measures the inflows and outflows of money from sectors such as tourism, foreign aid, military expenditures and foreign investments as well as flows resulting from exports and imports.

Hence, the matter that will considered when calculating a country's balance of payments is the military expenditures.

Therefore, the Option A is correct.

Read more about balance of payments

brainly.com/question/7536033

#SPJ1

8 0
1 year ago
Hunter Manufacturing Inc.'s December 31, 2014 balance sheet showed total common equity of $2,050,000 and 190,000 shares of stock
Nesterboy [21]

Answer:

11.57 is the book value per share.

Explanation:

Given: Total common equity= $2050000.

           Total number of outstanding shares= 190000

            Net Income= $250000

            Dividend paid out= $100000.

We know the formula for finding book value per share at 12/31/2015.

Book value per share= \frac{(Total\ equity+ Accumulated\ earnings)}{ number\ of\ outstanding\ shares}

First, lets find out accumulated earning.

Accumulated earning= Net\ income- Dividend\ paid

Accumulated earning= \$ 250000 - \$ 100000= \$ 150000

∴Accumulated earning= $ 150000.

Now, Book value per share= \frac{\$ 2,050,000+ \$ 150000 }{\$ 190000}

⇒ Book value per share= \frac{2200000}{190000} = \$ 11.57

∴ Book value per share= $11.57.

8 0
3 years ago
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