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3 years ago

Of the following products, which one would typically carry high psychological risk for the average consumer?

Business

1 answer:

dedylja [7]3 years ago

4 0

Answer:

an expensive mink coat

Explanation:

High psychological or perceived risk refers to the uncertainty that a consumer may have when he/she is purchasing a good or a product. Usually expensive goods carry a high perceived risk, e.g. house, boat, jewelry, car, etc.

In this case, an expensive mink coat carries high perceived risk because it is an expensive product and a customer considers the pros and cons of purchasing it.

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Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers. True False

Otrada [13]

It is false that Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers.

<h3>What is B2B mean in marketing?</h3>

Business-to-business (B2B) refers to a form of transaction between businesses, such as one involving a manufacturer and wholesaler or between a wholesaler and a retailer. Business-to-business is conducted between companies, instead of a company and individual consumer.

It is to be noted that business to business marketing is required when one company's output is required for another company to maintain or improve its operations.

Hence, it is false that Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers.

Learn more about B2B marketing here : brainly.com/question/24749141

7 0

2 years ago

When Gene started his window-washing business, he wanted to keep things simple. He liked the idea of being his own boss and the

nika2105 [10]

Answer:

Self-employment is the state of working for oneself rather than an employer. Self-employed people generally find their own work rather than being provided with work by an employer, earning income from a trade or business that they operate.

Explanation:

6 0

3 years ago

You purchase a bond with an clean price of $1,129. The bond has a coupon rate of 10 percent, and there are 4 months to the next

marta [7]

Answer:

The answer is "1145.66".

Explanation:

Using formula:

$\text{Dirty price = Clean price + accrued interest}\\\\$

$= 1,129 +100\times 0.5\times \frac{2}{6} \\\\= 1,129 +50\times \frac{2}{6} \\\\= 1,129 + \frac{100}{6} \\\\= \frac{6774+100}{6} \\\\= \frac{6874}{6} \\\\=1145.66$

$=\$1,129+(10\% \ of\ 1000)\times \frac{2}{12}\\\\=\$1,129+(\frac{10}{100} \times \ 1000)\times \frac{2}{12}\\\\=\$1,129+(100)\times \frac{2}{12}\\\\=\$1,129+ \frac{200}{12}\\\\=\$1,129+ 16.666667\\\\=\$1,145.666667\\\\$

8 0

2 years ago

Replenishing the Petty Cash Fund

liq [111]

Answer:

Explanation:

Postage expense. 1320

freight out. 1140

miscellaneous exp. 150

Cash. 2610

to replenish petty cash account

note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

4 0

2 years ago

Inventory Valuation under Variable Costing Lane Company produced 50,000 units during its first year of operations and sold 47,30

otez555 [7]

Answer:

1. $5.62

2. $15,174

Explanation:

1. The computation of the cost of one unit of product under variable costing is shown below:-

Total product cost = Direct material + Direct labor + Variable overhead

= $123,000 + $93,000 + $65,000

= $281,000

Unit product cost = Total product cost ÷ Produced units

= $281,000 ÷ $50,000

= $5.62

2. The computation of cost of ending inventory under variable costing is shown below:-

Unsold at end = Unit produced - Unit sold

= 50,000 - 47,300

= 2,700

Cost of ending inventory = Number of units sold × Unit product cost

= $5.62 × 2,700

= $15,174

3 0

3 years ago