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qaws [65]
3 years ago
5

Jose owns an ice cream and frozen treat restaurant and is considering adding new menu items. He recently met with the representa

tive of a yogurt company who is trying to convince Jose to add the frozen yogurt to his menu. Jose has never offered a yogurt product in the restaurant and has concentrated on ice cream items. The yogurt product would not need a different freezer or dispensing unit, so the investment would be similar to changing flavors of ice cream. However, since he’s never offered yogurt, he’s unsure what the market response will be and how much profit he can achieve with the frozen yogurt. What type of purchasing decision does this represent for Jose?
Business
1 answer:
Monica [59]3 years ago
8 0

Answer:

A. Modified rebuy

Explanation:

There are three types of buying situation:

1. Modified rebuy

2. Straight rebuy

3. New task

1. Modified rebuy: This is a buying situation in which an individual or organisation buys goods that have been purchased previously but changes either the supplier or some other element of the previous order. It is a buying situation in which the buyer wants to modify product specifications, prices, terms, or suppliers.

2. Straight rebuy: It is also known as Extensive problem solving situation. Customers are aware of his or her choices, what they are searching for, his/her needs which is based on personal experience of the customer or friends and families.

3.The new task: This is a business buying situation in which the buyer purchases a product or service for the first time. The buyer has no past experience about the products. It takes a longer time for the buyer to decide because of the risk involved.

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Jerry's Flowers had the following cost information related to its purchases of merchandise. Calculate the total cost of merchand
ch4aika [34]

Answer:

$91,100

Explanation:

Calculation to determine the total cost of merchandise purchased

Using this formula

Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount

Let plug in the formula

Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000

Total cost of merchandise purchased= $91,100

Therefore the total cost of merchandise purchased is $91,100

3 0
3 years ago
Which of the following costs would continue to be incurred even if a segment is eliminated? A. Direct fixed expenses B. Variable
stich3 [128]

Answer:

The correct answer is C. Common fixed costs.

Explanation:

A fixed cost is an expense that the company must incur, even if the company operates at medium speed, or does not, which is why they are so important in the financial structure of any company.

This is the case, for example, of payments such as leasing, since this, if nothing is sold, must be paid. It also happens with almost all labor payments, public services, insurance, etc.

Perhaps the main component of fixed costs is labor, therefore, it is not surprising that companies struggle every day for greater labor flexibility that allows them to convert those fixed costs into variables.

7 0
3 years ago
the total estimated cost of attending a public year to year college is 2265. The cost of attending a college is expected to incr
Anna11 [10]
5% of 2265$ is 113,25$
Because 5% is 5/100 so 5 x 2265$ = 11325$
11325$ : 100 = 113,25$
Second year cost is the first year’s plus 5% so
2265$ + 113,25$ = 2378,25$ (second year cost)
8 0
3 years ago
John's boss asks for a recommendation for connecting the company network to a small satellite building about 1 km from the main
nikitadnepr [17]
<span>A typical married couple would probably be a. Gilbert would be for splitting the household chores on the basis of time spent on each task. However, it is a bit unusual to actually calculate the time it takes for each task. B. and c. doesn't make sense. D. is also valid, however.</span>
8 0
3 years ago
Use the following two statements to answer this question:I. The average total cost of a given level of output is the slope of th
Burka [1]

Answer:

B. Both I and II are true.

Explanation:

<em> The average total cost of a given level of output is the slope of the line from the origin to the total cost curve at that level of output</em>

The average total cost is defined as the sum of all total costs divided by the quantity produced. In other words, the cost of one unit of production. The average cost curve as shown in the diagram is U-shaped, where it falls with economies of scale and later rises as diseconomies of scale sets in.

<em />

<em>The marginal cost of a given level of output is the slope of the line that is tangent to the total cost curve at that level of output</em>

Marginal cost is the change that occurs in the total cost when quantity produced increases by one unit. In other words, it is the cost of producing an additional unit of a good. As per the diagram, the slope of the line tangent to the TC (TC = AC x Q1) curve at Q1 is the firm's marginal cost at this output level.

7 0
3 years ago
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