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3 years ago

At the prepurchase stage of the consumer purchase decision process:

Business

1 answer:

olga2289 [7]3 years ago

3 0

Answer:

The correct answer is letter "B": advertising is more effective than personal selling.

Explanation:

The purchase process could be classified in three stages: prepurchase stage, purchase stage, and postpurchase stage. In the prepurchase stage, consumers can use marketing as a source to find out the product or service they are looking for exists. Individual selling might not be as effective since clients without do not have much information at this stage about the brand, where to locate the product and its main features.

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Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________

iren2701 [21]

Answer: A) Income Summary

Explanation:

The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.

The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.

6 0

3 years ago

The first part of setting strategic direction for an organization is to analyze the external and internal environments by prepar

ivanzaharov [21]

Answer:

Vision Statement

Explanation:

The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT {Strengths , Weakness , Opportunities , and Threats } analysis. Once the SWOT is complete , the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization's work , called Vision Statement.

Vision Statement is a important point in strategical planning. It tells what an organization intended to achieve or we can say it highlight the objective of the organization .

Vision Statement should we short , simple and clearly specified. It plays an important role in an organization .

3 0

4 years ago

A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Bi

azamat

Answer:

Memphis $170,000

Biloxi $160,000

Birmingham $175,000

Explanation:

Preparation of an economic analysis of the three locations

Memphis economic analysis using this formula.

Economic analysis=(Building, equipment, administration costs+Increased transportation costs+(Expected volume *Labor and materials per units)

Let plug in the formula

Memphis Economic Analysis = $40,000 + $50,000 + (10,000 units *$8/unit )

Memphis Economic Analysis = $40,000 + $50,000 + $80,000

Memphis Economic Analysis = $170,000

Therefore Memphis Economic Analysis is $170,000

Preparation of Biloxi Economic Analysis

Biloxi Economic Analysis = $60,000 + $60,000 + (10,000 units *$4/unit )

Biloxi Economic Analysis = $60,000 + $60,000 + $40,000

Biloxi Economic Analysis = $160,000

Therefore Biloxi Economic Analysis is $160,000

Preparation of Birmingham Economic Analysis

Birmingham Economic Analysis = $100,000 + $25,000 + (10,000 units *$5/unit )

Birmingham Economic Analysis = $100,000 + $25,000 + $50,000

Birmingham Economic Analysis = $175,000

Therefore Birmingham Economic Analysis is $175,000

Therefore the summary of the economic analysis of the three locations are:

Memphis $170,000

Biloxi $160,000

Birmingham $175,000

5 0

3 years ago

The use of debt in the firm's capital structure will increase ROE if the firm:_____.

DIA [1.3K]

Answer: c. earns a higher return than the rate paid on debt.

Explanation:

If the debt that the company incurs leads to the company making more money than they are paying as interest for the debt, then more money will be available as net income which would increase the Return on Equity.

ROE is calculated by dividing the Net Income by Shareholder equity. Interest is an expense. If this expense is lower then the increase in net income as a result of the debt then it follows that net income would increase and so would ROE.

8 0

3 years ago

Data were collected in twenty major urban areas on the percent of women in the labor force. Data were collected in 1968 and agai

garri49 [273]

Answer: Matched pairs design

Explanation:

A matched pairs design is a type of study used when 2 treaments are present in an experiment. The individuals in the design can be divided into pairs using a blocking variable, and each pair can then be allocated to treatments at random. This is thus a special type of randomized block design.

In this case the blocking variable can be the various urban areas as 1968 is matched against 1972. Each city can be compared based on 2 measurements. From their each individual can be grouped into pairs and allocated to different treatments.

6 0

3 years ago