Answer:
Letter B. <u>All customers are the same when it comes to buying behavior.</u>
Explanation:
All alternatives, <u>except the letter B</u>, are relevant to understanding consumer buying behavior.
As Abercrombie Fitch wants to know its target audience, alternative B is not an option as it is an incorrect statement. For consumer buying behavior is influenced by their values, preferences and decisions, which varies with each individual. There are four types of consumer behavior:
- Complex buying behavior: Involving buying decisions for an expensive product, consumers seek through the experience of other consumers and research elements that will aid in reliability when making a high investment.
- Dissonance Reduction Purchasing Behavior: Occurs when consumers have difficulty determining which differences and which brand will bring them the most benefit.
- Habitual Purchasing Behavior: Consumers have little involvement in the buying process, as this behavior is based on routine purchases.
- Variety Search Behavior: Consumers buy a different product because they search for variety and not because they are not satisfied with a previously purchased product.
Therefore it is important for the company to know that there are several behaviors that influence a purchase, and that varies according to each individual's needs and preferences. It is important to conduct market segmentation research to recognize your target audience and buying motivations, and then align the marketing mix to achieve positive results.
Answer:
The aim here is to create a list of tasks that will enable the team to complete and deliver the project within the given timeline. It would be appropriate if there are four students selected and each of them is assigned particular tasks based on the kind of background they have. They would be obliged to keep track of their progress and share it with everyone else on a regular basis so that the project can be completed on time.
Hope that answers the question, have a great day!
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
You have 45 years left until retirement and want to retire with $4 million. Your salary is paid annually, and you will receive $50,000 at the end of the current year. Your salary will increase at 3 percent per year, and you can earn an annual return of 9 percent on the money you invest.
n= 45
FV= 4,000,000
i= 9% + 3%= 12%
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (4,000,000*0.12)/{(1.12^45)-1}= $2,945
5.89% per year.
A ballpoint pen or city park:)
Answer:
the journal entries should be:
Dr Cash 1,250,000
Cr Common stock 1,000,000
Cr Additional paid in capital 250,000
Dr Treasury stock 238,500
Cr Cash 238,500
Dr Cash 161,500
Cr Common stock 85,000
Cr Additional paid in capital 76,500
