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3 years ago

Describe the six buyer-readiness stages along with the marketing strategies used at each stage.

Business

1 answer:

ipn [44]3 years ago

3 0

Answer:

There are six buyer-readiness stages through buyer or consumer has to pass through before buying any product or services.:

Awareness: The buyer should be aware or informed about the product, which he or she is going to buy.
Knowledge: The buyer should have knowledge or skill to use the product.
Initial interest: The conusmer should have interest or curiosity to buy the product.
Preference: The buyer should have preference of buying the product before any competing product in the market, due price or quality or promotional benefits, etc.
Conviction: The consumer should have conviction that product will be suitable for hir or her´s need.
Purchase: This is a final stage that consumer should have easy access of buying the product and should be aware about promotional offer on the particular product to get more benefits.

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41. You own 25% of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all equi

adelina 88 [10]

Answer:

e. $6.0 million

Explanation:

The computation of the total value of the firm is shown below:

The Value of the firm is

= Amount borrowed ÷ ownership percentage

= $1,500,000 ÷ 0.25

= $6,000,000

Hence, the total value of the firm is $6,000,000

Therefore the correct option is e.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As

Tamiku [17]

Answer:

The correct answer is:

$380 (D.)

Explanation:

The cost of production of a good or service is the amount used up or forfeited in the production of the good or service. In this scenario, from Ziva used 10 hours for farming and because she dedicated 10 hours, if she had been available for her consultancy service which paid her $25 per hour, she would have earned a total of $250 at the end of the 10 hours she used in farming. In addition, she also spend $130 on the seed that she used for planting, which is the direct cost of farming (production). Hence the total amount given up in the farming process will make up the total cost of farming, and this includes; the $250 given up for consultancy, and the $130 spent on seeds, hence, the total cost of production is;

= 250 + 130 = $380

6 0

3 years ago

Derek is launching his career with a job as a human resource assistant. he wants to earn certifications that will help him demon

34kurt

The answer is<u> "The Society for Human Resource Management and HR Certification Institute".</u>

While investigating prerequisites for resource management jobs, it before long ends up obvious that HR confirmation is rapidly moving from being liked to being required. This is an indication that associations, regardless of whether in the for-benefit or non-benefit part, are seeing proficient accreditation with an expanding level of regard.

In fact, HR certification is currently observed as a central expansion to any HR expert's resume, especially as the present experts in human asset administration confront complex difficulties, for example, an absence of qualified ability and the globalization of business.

There are a number of nationally recognized human resources designations, including:

Society of Human Resource Management (SHRM)

3 0

3 years ago

River Falls Manufacturing uses a normal cost system and had the following data available for 2018: Direct materials purchased on

PtichkaEL [24]

Answer:

The ending balance of work-in-process inventory is $64,000

Explanation:

Opening Raw Material = $34,000

Opening WIP Inventory = $70,000

Opening Finished Goods Inventory = $55,000

Raw material purchased = $148,000

Raw materials requisitioned = $88,000

Closing Raw Material = Opening + Purchase - Requisitioned

= $34,000 + $148,000 - $88,000 = $94,000

Closing Finished Goods Inventory = Opening + Cost of goods produced - Cost of goods sold

= $55,000 + $299,000 - $250,000 = $104,000

Expense total incurred on goods entered for production = Material requisitioned + Labor cost incurred + Factory overhead

= $88,000 + $127,000 + $148,000 = $363,000

Out of which cost of completed goods = $299,000

Thus remaining is work in process = $363,000 - $299,000 = $64,000

That is Closing WIP Inventory = $64,000

Note: It is obvious that the expense of labor and overheads incurred in this period includes expense incurred to convert opening WIP in to finished goods and the balance is closing WIP.

The ending balance of work-in-process inventory is $64,000

5 0

3 years ago

On January 1, 2020, Green Corporation granted 28,000 shares of restricted $13 par value common stock to its CFO. The market pric

EleoNora [17]

The correct answer is $588000

<u>Explanation:</u>

As the restricted shares provided to the employees are recorded at the market value. The restricted shares have a vesting period which means the employee cannot sell the stock right away, for example the CFO might have to wait for 2 years before being able to sell the stock. Generally, the company will debit deferred revenue expense with the amount of $588000 currently and write off over the vesting period.

Amount of compensation expense that needs ot be recorded by Green on the december 31,2020 is $588000.

( 28000 shares multiply with $21 per share).

6 0

3 years ago