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Arada [10]
3 years ago
12

People are often influenced by reference groups to which they do not belong. ________ refer to groups to which an individual wis

hes to belong."
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

aspirational groups    

Explanation:

An aspirational group refers to the reference group with which an individual would like to associate. Often this is some other person's reference branch that one finds commendable or inspirational. There is a considerable amount of credibility or noteworthiness in aspirational classes that an outside person wants to assign to his or her name.

Conformity is one significant disadvantage to entering an ambitious party. There will be no willing urge to be part of a competitive party to offer membership. Therefore, it is essential to reflect the values, preserve the identity and buy products from that group to become a member.

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The manager for a growing firm is considering the launch of a new product. If the product goes directly to market, there is a 40
julia-pushkina [17]

Answer:

1. Calculate the NPV for each option available for the project. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g. 1,234,567.)

  • go to market now = $744,000
  • focus group = $852,000
  • consulting firm = $916,000

2. Which action should the firm undertake?

  • A. Consulting firm

The NPV is higher than the rst of the options.

Explanation:

expected payoffs:

  • option 1 (go to market now) = (40% x $1.86 million) + 0 = $744,000
  • option 2 (focus group) = (55% x $1.86 million) + 0 = $1,023,000
  • option 3 (consulting firm) = (70% x $1.86 million) + 0 = $1,302,000

expected NPVs:

  • option 1 (go to market now) = $744,000
  • option 2 (focus group) = $1,023,000 - $171,000 = $852,000
  • option 3 (consulting firm) = $1,302,000 - $386,000 = $916,000

go to market now

5 0
3 years ago
On July 31, 2017, Crane Company had a cash balance per books of $6, 245.00. The statement from Dakota State Bank on that date sh
worty [1.4K]

Answer and Explanation:

The preparation of the bank reconciliation is presented below:

cash balance per books $6,245.00

Less Bank Service Charge $16

Less error correction for check No.2480 $36 ($384 - $348)

Add: note receivable collected $1,625

Less: NSF check $680  

Adjusted cash book balance $7,138

bank statement balance $7,795.80

Less: Outstanding checks $1,965.10

Add: Deposits in transit $1,307.30

Adjusted bank statement bal. $7,138

3 0
3 years ago
Identify three likely affects of an increasing global population
Rom4ik [11]

Answer:

(1) effects of large families on child development, (2) educational problems, (3) lags in new technology, (4) increased inequities in agriculture, (5) unemployment and underemployment.

Explanation:

you can choose 3 from those.

6 0
3 years ago
"Everett is shopping for a piece of exercise equipment to use at home. At the store, he asks the salesperson about the features
posledela

Answer:

information search

Explanation:

This would occur in the information search stage of the consumer decision-making process. In this stage the consumer is basically trying to do as much research as possible so they get the best possible product for their needs, this also includes trying to find out about the possible problems that the specific models might have so that they do not get ripped off when making a final decision about which product to buy.

6 0
3 years ago
A type of check that has a bank's guarantee of payment is a
ziro4ka [17]
I think it's a cashier's check...(Don't mark my words)
6 0
3 years ago
Read 2 more answers
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